Wall Street: Bulls, Bears, and Northern Pacific Speculation
The piece surveys mixed market sentiment as advances drive caution among bulls, notes two trading factions, and highlights volatile plays around Northern Pacific extra dividend and Southern Pacific preferred stock. It analyzes railroad and industrial averages, price movements, and speculation on potential issuer actions amid election jitters.
MENTIONED IN THIS ARTICLE
Northern Pacific
Southern Pacific
New Uniform Bill of Lading Announced by Trunk Lines
The Uniform Bill of Lading Committee of the Trunk Lines Association at 143 Liberty Street announced a new bill of lading form accepted after discussion and to be used generally. Old forms may still be used until December 31 if stamped with notice that shipments are subject to the new terms effective November 1 1908. The receipt is non negotiable and consignments to cider require exchange for the proper bill.
MENTIONED IN THIS ARTICLE
Trunk Lines Association
Liberty Street
New England Yoads
Central Freight Association
Association of the Lake Lines
Grain and Provisions Market Snapshot
The report covers export wheat sales of 92 loads via New York exporters, with repurchases at a cent per bushel profit. Cash wheat quotes in New York ranged around 1.08 to 1.11 dollars, while corn markets showed early ease but late buyers kept demand. Boston copper shares opened strong, led by Butte Coalition and North Butte, with Greene-Cananea lifting on heavy volume.
MENTIONED IN THIS ARTICLE
Duluth
New York
Liverpool
Berlin
New York Times
Boston
Butte Coalition
North Butte
Greene-Cananea
Market steady as New York strength narrows local action
Philadelphia traders saw no material response to New York strength with arbitrage issues leading volume. Cambria Steel rose 12 in sympathy with United States Steel, Reading carried Lehigh, United Gas stayed steady though neglected, Philadelphia Electric held firm on fair volume. Tonopahs quiet. close dull and firm.
MENTIONED IN THIS ARTICLE
New York Times
Philadelphia
New York
Cambria Steel
United States Steel
Reading
Lehigh
United Gas
Electric
Financial notes on directors' re-elections and travels
W J Wollman leaves for the Berkshires. Republic Iron and Steel and Standard Milling announce re elected retiring directors. L L Gillespie and others are reelected to Distillers Securities and Crucible Steel, with minor changes at Distilling Company of America. William Mackenzie sails to London as president of Canadian Northern Railway for important road affairs.
MENTIONED IN THIS ARTICLE
W. J. Wollman
J. 8. Bache & Co
Berkshires
Republic Iron and Steel Company
Jersey City
Standard Milling Company
A. P. Walker
William L. Bull
L.L. Gillespie
C. W. Lengler
Julius Kessler
William Mackenzie
Mackenzie & Mann
London
Mackenzie
Canadian Northern Railway Company
European Markets Quiet. American Shares Firm on NY Support
London trading showed quiet inquiry with subdued discounts as Near Eastern tensions kept activity meager. Foreign and Kaffir bonds steadied after early dullness, while the American market remained the strongest, with Harriman issues and United States Steel cited as steady before late NY gains. Paris and Berlin markets mirrored cautious sentiment with firm rates on New York advices and little price movement.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Harriman
United States Steel
New York
Berlin
Securities auction results from Exchange Salesroom itemized list
The record lists a detailed auction of diverse securities and bonds at the Exchange Salesroom 14 and 16 Vesey Street by Adrian H. Muller & Son. It includes United States Steel common and preferred, Standard Oil, American Sugar Refining, American Cotton Company common and preferred, Phenix Insurance of Brooklyn, Allis-Chalmers, National Fuel Gas, various railroad and utility bonds, and multiple Interborough Realty and other company debentures with prices, quantities, and special conditions noted. Strong entities include United States Steel, Standard Oil, American Sugar Refining, Phenix National Bank, New York Central & Hudson River Railroad, Rio Grande Western, Missouri-Pacific related bonds, and Interborough Realty debentures.
MENTIONED IN THIS ARTICLE
Vesey Street
Adrian H. Muller & Son
United States Steel Corporation
Standard Oil Company
American Sugar Refining Company
American Cotton Oi
American Cotton Oi] Company Common, $100 Each, 35. 7 Shares American Cotton Oi
Phenix Insurance Company of
Brooklyn
Allis-Chalmers Company
National Fuel Gas Company
Horn Silver Mining Company of
Utah
Ares
Chicago, St. Paul, Minneapolis & Oma Railroad Common
Consolidated Gas, Electric Light, and Power Company of
Baltimore
Merchants’ National Bank
Oswego & Syracuse Railway Company
Ran
Phenix National Bank
E. W. Bliss,common
Metropolitan Street Railway Company
Chicago Gas Light and Coke Company
Consolidated Gas Company of
New An
New York Central & Hudson River Railroad
Michigan Central
Rio Grande Western Railroad
Fir-T Trust
Pittsburg, Fort Wayne & Chicago Railway Company
Chicago, Rock Island & Pacific Railroad Company
Kick Baking Company
Hudson County Consumers’ Brewing Company
Mohican Springs
American Express Company
Pennsylvania Railroad Company
Public Service Corporation of New Jersey
Nne
Charleston & Summerville Electric Railway Company
New York Trust Company
Title Insurance and Trust Company
Etre
American Surety Company
Weres
Carnegie Trust Company
Interborough Realty Company
Colorado Fuel and Iron Company
RON
Great Jones Street Realty Company
Leamington & St. Clair Railroad Company
Canada Southern Railroad
National Mining and Smelting Company
Kansas City, Memphis & Birmingham Railroad
Kouwenhoven Realty and Improvement Company
Standard Milling Company
London Metal Exchange sees copper and tin rise on spot and futures
Copper gains on London spot by 12s 6d and futures up 1s. on Tuesday’s close as quotes settle. Pig tin climbs £1 spot and 12s. futures to £134 5s. and £185 15s. Lead holds at £13 6s 8d while spelter remains £19 2s 6d. Iron warrants ease to 47s 1d and 48s 3d for foundry and Cleve ni. New York Metal Exchange bids and asks compare with Wednesday readings against Tuesday’s levels.
MENTIONED IN THIS ARTICLE
London Metal Exchange
Cleveni
New York Metal Exchange
Lake
Antaraee Eae
Cotton Market Reports Mixed Activity and Steady Closings
Cotton was more active with occasional strength and a steady close down 1 point on October while later months rose about 1.7 points. Estimated 225,000 bales sold. Opened steady to slightly up then gained strength, with New England mills showing little demand for spot cotton while mills reportedly absorbing immediate needs in cotton goods. Local spot prices were 9 points higher at 9.20c for mid upland and 9.55c for middling Gulf with Southern markets mixed across Mobile Savannah Norfolk Houston Galveston New Orleans Memphis.
MENTIONED IN THIS ARTICLE
New England
Draper
Sho. S
Rae
Gulf
Mobile
Savannah
Norfolk
Houston
Galveston
New Orleans
Ste
Memphis
Weather forecast for cotton and grain states
United States Weather Bureau forecast for Thursday and Friday covers North Carolina to Missouri and Illinois. Expected conditions include fair weather in several states, with showers and cooler periods in others, accompanied by fresh northeasterly to easterly winds and warming or cooling trends in various regions.
MENTIONED IN THIS ARTICLE
New York Times
Washington
United States - Weather Bureau
North Carolina
South Carolina
Georgia
Alabama
Mississippi
Louisiana
Oklahoma
Arkansas
Ientucky
Ohio
Indiana
Tlinois
Michigan
Wisconsin
Iowa
Missouri
Maine Central Directors Add New Members at Meeting
Portland Oct 21 three new names joined the Maine Central Board representing stock controlled by John and Billard of Meriden Conn in the Boston and Maine. New directors are John I Brown of Norwich Wis Cass Ledyard of New York. Lucius Tuttle named President Morris McDonald of Portland Vice President and Merry B Cleaves of Portland Clerk.
MENTIONED IN THIS ARTICLE
Portland
John & Billard
Lucius Tuttle
Morris MccDonald
Merry B.cleaves
Goldfield stocks and treasury balances amid market activity
The report lists mining stocks names such as Belmont, Goldfield, Silver PIGE, and others with price notes like 22.200 for Belmont and 0.56 for Webt Ena, alongside a Treasury balance snapshot for October 21 showing reserve fund gold, trust funds, silver dollars, general fund, and deposits in banks totaling hundreds of millions. It notes current liabilities at 108,004,840 and references market movements and snippets of commodity listings.
MENTIONED IN THIS ARTICLE
Tonopal
Diamondfield
Belmont
Goldfield Coh
Hin Butler
Srepat Bend
Ol McNamara Seccuces Kendall
Creceese
Mohtana
Rat Hills S
North Star
Montgomery Mt
General Fund
Vesvases
Philippine Treasury
Eeeweee
Wecesese
Bondholders Hint At Reorganization For Hudson River Co
In Boston on October 15, 1908 a committee representing a majority of the Hudson River Companies bonds reports through Stone and Webster that current earnings cover not all bond interest and reorganization is inevitable. Niles and Niles confirm the books up to July 31, 1908 are a complete record, with a copy on file for inspection. The situation remains complex with eight separate corporations involved.
MENTIONED IN THIS ARTICLE
Boston
Hudson River
Messrs
Stone & Webster
Messrs. Niles & Niles
New York
Bonds drawn to retire Houston and Texas Central First Mortgage Bonds
The Houston and Texas Central Railroad Company announces a drawing under its First Mortgage Bond Indenture of April 1, 1890. Proceeds from land sales will buy 110 percent of par plus accrued interest for selected bonds listed by numbers. Bonds drawn will cease interest sixty days after notice published, ending November 28, 1908. Houston and Texas Central Railroad Co. By R. S. Lovett, President. New York, September 29, 1906.
MENTIONED IN THIS ARTICLE
Houston & Texas Central Railroad Company
Frederic P. Olcott
Central Trust Company of New York
Southern Pacific Company
Broadway
New York City
Notice to Holders of Profit Sharing Notes Exchange
To holders entitled, deposit receipts issued by Guaranty Trust Company of New York for notes payable in the United States or the notes themselves must be presented for exchange. Guaranty Trust Company 28 Nassau St New York City. Secretary W E Mandelickh, New York October 22 1908. New securities deliverable against deposits or notes received by mail or express will be forwarded by express at approximate market value of the new bonds at depositor expense unless instructions given. This company will receive fifty schedules per day.
MENTIONED IN THIS ARTICLE
Southern Pacific Preferred
Exchange
Empire State Power Company
Madison County Gas & Electric Company
Hudson River Power Transmission Company
The
New England Trust Co
Devonshire St
Boston
Standard Trust Company
Broad Street
New York City
Fidelity Title and Trust Company
Yourth Ave
Pittsburg
Guaranty Trust Company of
New York
United States
Exchange iGuaranty Trust Company
Nassau T
W. E. Mandelickh
Cincinnati
Indianapolis & Western Railway Company
Indiana, Decatur & Western Railway Company
Cincinnati, Inianapolis & Western Railway Co
Indiana, Decatur & Westin Railway Co
Bankers Trust Company
Wall Street
Dalted
William A. Read
Charles E. Cotting
Bayard Dominick
Frederick H.ecker
George K. Johnson
Thomas W. Lamont
L. J. Petit
Albert H. Wiggin
F. MN. B. Close
Wall St
N.Y
Seaboard Air Line
Atlanta
Birmingham
Standard Trust Company of
Bank of Scotland
City of
Edinburgh
City of London
New -York
William Salomon
Paul Morton
Benjamin S. Guinness
J. Lisman
Cleveland, Cincinnati, Chicoko & St. Louis Railway Company
Ohio
eHhaan, Chicaso & St. Lewi Hatway Company
Cinecinnati
Also Mentioned on This Page
Grain and Provisions
Boston Stock Market
H. Low
AY Crews Nee Od
Chicago
Providence
Mass
Union Pacific
Occa Ce
West End
Cumberland
Ag. Chem
American Woolen Pe
Boston Land
Edison
General Electric
Mass. Gas P
Mergenthaler Sete
Ullman
Socese
Seattle
Elertric
Swiftener
United Fruit Sete Eneeeer
United Shoe
Rvp
U. S. Steel
Steel Pf
Adventure Csees
TRIS
Allouez Ae Neeee Esseee Bts
American Zinc
Arizona Com’l
Atlantic
Franklin Tener Tees
Miami
Nevada
Con
Newhouse
Quincy
Apex
Utah Gopper Pereseee
Winona Sane Wei
Wolvyerine
Pabdotte
Amal
Cowper
Tike
Anaconda Stee S Ashes
Bell Telephone
Catawissa Ist
Chesapeake & Ohio
Colorado Fuel & Iron
America
Erie
General Asphalt
Oh Vrtntiogden & Mb
Ins. Co
N. Am
Keystone Telephone
Superior Corp
Lehigh Valley Teeter
Lehigh Nav
Mae
Pennsylvania
Penn. Steel Co
Phila
Zari
Traction
Railways Co
Tonopah Belmont
Tonopah Mining
United Comp
Warwick Steel
Setae
Financial Notes
Paris
Near East
Don
Clige
Consors
Sane
Atchison
St. Paul
Illinois Central
Ji Louis
Nash
N. Y. Central
U.S. Steel
U. $! Steel
Ives
Foreign Public Securities
Saxony
Hamburg
Cologne
Munich
City
Augsburg
Vienna
Frankfort-A-M
Camp Bird
Hsperanza
Tomboy
Stratton’s Ind
Metal Market
Maine Central Directors
Billrd
Boston & Maine
Belcher
Caledinia
Cal
Vass
Imperial
the Treasury
Tashington
Treasury
Reserve Fund
Hale & Norcross
Julia
Kentucky
Ophir
Overman
Potosi
Necro Ewes
Savage
Sierra Nevada
Nicon
Hudson River Electa Power Company
Bondholders’ Committee
Hudson River Electric Power Company
Hudson River Water Power Company
Hudson River Electric Company
Saratoga Gas, Electric Light& Power Company
Ames R. Hooper
Orace E. Andrews
T. Paine
OHN
P. Reynolds, JR
S. Scully
Dwin S. Webster
Tyler & Young
Ames Building
Houston & Texas Central First Mortgage
Houston & Texas Central Railroad Co
R. S. Lovett
New Yerk
Electrig Railways Company OF London, Limited
E. C. Hebbard
Nassau St
Messrs. W. R. McDowall & Co
New York Stock Exchange
Produce Exchange
Lawyers Title Insurance& Trust Company
Title Department & Trust and
Anking Department
Montague Street
Louis V. Bright
Thorwald Stallknecht
Archibald Forbes
David B. Ogden
Perbery E. Jackson
Walter N. Vail
Lewis H. Lozsee
Mnager
Condit Var
George A. Pleerederick D Reed
Secretarien
Geo. F.ree
Amont Cladwin
W. Coggeshall
Henry Morgensard
John T. Lockman
James N Wallace
Hornblower & Weeks
Pillsbury-Washburn Flour Mills Company
Great Britain
Committee For
Lord Avebury
William J. Crump
Lestocq R
Samuel Untermyer
Slaughter & May
Bk. Urayves
A. G. Pollock
T. Hewitt Skinner
Clement H. Thomas
Charles Lock
John Cross
Wm. C. Taylor
Wail St
Prudential Ins
Home Ins
Continental
INS
Travellers, Ins
National City Bank
Royal Baking
Powder
Mahoning and Shenango Valley Electric Light Railway CO
American Chicle
Oscar Bamberger
Broad St
Broad
Marvel
Pacific Coast
Harriman, Hill
Journal of Commerce
Frederick B. van Vorst
M. ¥. LA. Weyant
the Financial World
FAO
O. F. Wetzler& CO
Brand
Hudson River Power ‘Transmission Co
Barnes, Fb Heel & CO
Whitehall Building
W. R. McDowall & Company
New ‘York Stock Exchange
New York Produce Exchange
Corr ER Co
Copper
Meelarend Varalde
Nevr Haben
steckhRoarders
Wreord
Boo
O'Click
Pany. H
Rer
Germania Bank
Corn Exchange Bank
Meror . Sey
Bualbee
Martin
PAC iPhic Bank
Browiwsy
Dire
Fayebie
Pepostermaster
Ils Street
Warry Tau
Philsdelphia
Aston
Philippine
Ami
Fort Tieneien
Ny Sf
W. . Ikins