Wall Street Notes Show Muted Interest After Election
Prices show general strength in leading stocks but market remains narrow and unexciting. Brokers anticipate little excitement until after election with short-term volatility likely only as traders balance political and economic signals.
Curb Brokers Plan After Hours Club On Broad Street
A group of Curb brokers after the 3 PM market close discuss forming a club to provide a meeting place. Officers are to be named if they prove suitable and can keep pace with Billy Gallagher and his circle who lead the nucleus of the effort.
MENTIONED IN THIS ARTICLE
Curb
Broad Street
Billy” Gallagher
Food Company Receiver Appointed in Illinois Case
Judge Alvert Akers in Quincy Illinois appoints John E Linehan secretary and general manager of Battle Creek Breakfast Food Company Limited as receiver of its property and business. The action follows a petition by B S McCoy of Buffalo manager of the Buffalo plant. The firm, organized under Michigan law Feb 18 1902 with 1 000 000 capital, faces $350 000 in debts excluding bonds of 400 000 and possible loss of goodwill after two mills closed. Linehan expects to harmonize and restore profitability on a solid basis.
MENTIONED IN THIS ARTICLE
Quincy
Ill
Alvert Akers
John E. Linehan
Battle Creek Breakfast Food Company, Limited
Chicago
B. S. McCoy
Buffalo
N. Y
Treasury
Cassidy & Gray
J. W. Cassidy
Stecher Lithograph Company
Rochester
Linehan
Westinghouse readjustment committee nears plan completion
Westinghouse Electric plans committee members worked on details of a modified plan to be reported to the committee today. Some doubt remained about holding today’s meeting with assent strong but the outcome uncertain. if postponed it may be delayed until next week or after the election.
MENTIONED IN THIS ARTICLE
Westinghouse Electric & Manufacturing Company
Trading Activity Drives Boston Market As Old Dominion Leads
Special to The New York Times reports heavy Boston trading focusing on specialties with Old Dominion rising two points. Superior and Pittsburg show modest gains amid volumes over 3,000 shares while overall market holds steady. Bond and coffee markets also noted with mixed movements and fresh port receipts.
MENTIONED IN THIS ARTICLE
New York Times
Boston
Old Dominion
Superior
Pittsburg
Market Report Backs United Railways Bonds Rise
Baltimore United Railways bonds led the day’s market with gains and firmer fundings. United Railways 4s also advanced while shares and bonds in the issue totaled 110000.
MENTIONED IN THIS ARTICLE
Baltimore
United Railways
Mount Vernon
Woodberry
Boxboard Reorganization Plan Outlined by Receiver
Management disclosed a tentative reorganization for United States Boxboard and Paper Company after a spring receivership. The plan cuts capital from about 25 million dollars to under 15 million, adds cash via 7 per share on preferred and 1.40 per share on common stock, and exchanges new stock at one share per five existing common. Stockholders must deposit by November 24 with Western Trust and Savings Bank of Chicago. Balance sheet lists plants and assets at 11,156,395 and bonds and stocks at 5,591,633.
MENTIONED IN THIS ARTICLE
United States Boxboard and Paper Company
Nyeas
Western Trust and Savings Bank of Chicago
Cotton Market Receives Mixed Moves With Slight Rally
The cotton market showed a small decline after a census report, then a quick rally that faded to barely steady. Sales reached about 275000 bales with October and futures ranges listed, while the local spot held at 9.35 for middling upland and 9.60 for middling Gulf amid varied Southern market readings.
MENTIONED IN THIS ARTICLE
Wall Street
Ecsoss
Assovesees
JUNO
Scesoess
Gulf
Mobile
Charleston
Norfolk
Augusta
New Orleans
Houston
Tibuarack
Ceracaer Saan
Emphis
Weather forecast for cotton and grain states
United States Weather Bureau forecast for Tuesday and Wednesday covers the cotton and grain states. Fair to warm conditions with variable winds in several regions, showers in Ohio Indiana Illinois Michigan Wisconsin Tuesday, followed by improving and warmer weather Wednesday.
MENTIONED IN THIS ARTICLE
Washington
United States Weather Bureau
North
South Carolina
Geors
Mississippi
Louisiana
Oklahoma
Arkansas
Kentucky
Ohio
Indiana
Michigan
Wisconsin
Iowa
Missoutos
Dakota
Nebraska
Kansas
Ramsey to Be Elected Vice President of Ann Arbor Railroad
At the next meeting of the Ann Arbor Railroad Joseph Ramsey Jr will be elected Vice President. At the recent annual meeting Ramsey and two other members of the Ramsey committee of Detroit Toledo and Ironton noteholders committee were elected to the Ann Arbor Directorate under an agreement with interests represented by H B Hollins Co.
MENTIONED IN THIS ARTICLE
Ann Arbor
Joseph Ramsey
Road
Ramsey
Ramsey Committee
Detroit, Toledo & Ironton Noteholders
H. B. Hollins & Co
New York Times Weekly Financial Quotation Review
The Times offers a weekly financial guide for investors and brokers with impartial market articles and statistical price tables for stocks bonds metals and produce. Subscriptions cost one dollar annually via Times Building 8 Sores Street and 80 Broadway.
MENTIONED IN THIS ARTICLE
New York Times Weekly
Sores Street
Broadway
Trust Company Closes in Middletown
Columbia Trust Company of Middletown did not open today. A notice says no business will be done for the present, deposits received Saturday will be returned, and the firm will continue as trustee for estates on hand. Bank examiners work today and a settlement is expected within six months.
MENTIONED IN THIS ARTICLE
Middletown
Conn
Columbia Trust Company
European Markets Report From London Paris and Berlin
The report notes dearer money and firmer discounts in London with gold largely secured by the Continent led by France. New York bids lift Union Pacific later while the market ends firm. Paris dull with 3 per cent rentes around 95 francs 57 centimes. Berlin quiet with prices steady.
MENTIONED IN THIS ARTICLE
London
France
Stock Exchange
Balkan
Paris
New York
Union Pacific
Treasury Opening Figures Reported By Washington
The Treasury opened the business day with its condition outlines as of morning, detailing cash balances, deficits, and financial positions. The bulletin provides a snapshot of available funds and obligations at the start of business today.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Financial Notes and Railroad Directors Elected At Coney Island
Summary of financial notices including staff moves at A Leach & Co and Kidder Peabody stakes. New directors Guy Richards and E S Marston elected to the Coney Island Brooklyn Railroad Co board, replacing two deceased/resigned members. Guardian Trust Co to pay $84,000 on Car Trust bonds of Pittsburg Shawmut & Northern. Manice & Co bids for stock dividends on Tennessee Copper. Latham Alexander & Co. Cotton Movement 1908 book distribution announced.
MENTIONED IN THIS ARTICLE
Guardian Trust Anlar
New York
Frank Sullivan Smith
Pittsburg, Shawmut & Northern
Car Trust
BE. A. Manice & Co
Tennessee Copper
Latham, Alexander & Co
Guardian Trust Company
New York Incorporations Include Guanajuato Jalisco Development
Albany Oct 26 list of new corporations with varied capitals and many New York directors. Notable entries include Guanajuato Jalisco Development Company capital 4,000,000. Hudson Supply and Equipment Company capital 100,000. J P Allen & Co cloaks capital 50,000. and Commonwealth Water Company capital 250,000. Also multiple firms report capital increases such as Norwich Knitting from 25,000 to 20,000 and Flexible Conduit from 20,000 to 50,000.
MENTIONED IN THIS ARTICLE
New York Times
Albany
Guanajuato-Jalisco
New York
James C. Hinchcliffe
Broadway
Thomas H. Milson
East Twenty-ninth Street
Paterson
N. J
George F. Handel
West Eleventh Street
Hudson Supply and Enquipment Company
Marion A. Raftery
Augustus S. Houghton
S. A. Shepard
Newark
Hagedorn’ Brothers
William Hagedorn
Richard Haged
Henry Hagedorn
Ninety-eighth Street
First Avenue
J. P. Allen & Co
Cloaks, &c
Capital
James P. Allen
Atlanta
Samuel M. Goldberg
Joseph Jonasson
East Eleventh Street
South Bensonhurst Building Company
Brooklyn
Michael L. McLaughlin
Remsen Street
Thomas A. Wickham
Clayton C. Smith
Worcester
Mass
Commercial Industries Company
Milton M. Goldsmith
Amedeo A. Pertini
Henrietta Ingber
Nassau Street
Irving E. Ferris
Elizabeth B. Ferris
Port Chester
Westchester County
N. Y
Independent Lumber Company
Michael Sophia
East 14Th Street
Hyman Leventhal
West 114Th Street
A Sophian
112Th Street
Overbrook Securities Company
Harold Bruff
Pierrepont Street
Stuart Guthrie
Montague Street
Samuel A. Welldon
Rns
Shiffer Tailoring Company
Samuel Gordon
New York Avenue
Max *. Shiffer
Fifth Avenue
Frank E. Raffman
Eleventh Avenue
Commonwealth Water Company
George O. Fureson
Charles L. van Fossen
West Forty-second Street
Frank B. Carstarthen
Rubber Co. Plans Bond Issue To Refinance Debentures
Rubber Company proposes a bond issue of about 13 million dollars to refund existing debt and 4.5 million dollars of debentures. The new debentures would run fifteen to twenty years, converting short term issues into long term obligations, with the interest rate to be set below the rate on current issues.
Ramsey's Air Line Plans Move Forward
Joseph Ramsey Jr of the Wabash Railroad advances a New York to Chicago air line railway. He expects to start the first section soon from Pittsburgh to the Susquehanna River about 200 miles. He claims finances are arranged and funds will be provided. Construction details will unfold after the election.
MENTIONED IN THIS ARTICLE
Oseph Ramsey
New York
Ramsey
Abash
Census shows rise in cotton ginned for 1908 totals
Washington Oct 26 census report on cotton shows 6,283,780 bales ginned from 1908 growth, with 4,931,621 for 1906 and 6,417,894 for 1904. Active ginneries numbered 24,926 in 1907 and 26,125 in 1905, Sea Island bales total 22,462 for 1906 and 31,487 for 1905, with state totals listing Alabama, Georgia, South Carolina, Florida and others.
MENTIONED IN THIS ARTICLE
Washington
Sea Island
Alabama
Georgia
New Madato
South Caro
Tennessee
Florida
Missippi
Oklahoma
Pittsburg Coal Company Earnings Drop Nine Months
The Pittsburg Coal Company report for nine months ending September 30, 1908 shows a fall of 4,100,573.21 in gross earnings and 1,973,421.36 in net earnings from the same period last year.
MENTIONED IN THIS ARTICLE
Pittsburg
Pittsburg Coal Company
Stock and Bond Exchange Record of Executors Sale
A dated listing from October 28, 1998 shows trusts and executors selling a wide array of securities. It includes Delaware Lackawanna and Western R R Morris and Essex R R Warren R R Eighth Avenue R R Pittsburg Fort Wayne and Chicago R R and many others with hundreds of shares and various mortgage bonds, scrips, and bank securities. The document details numerous railroads, utilities, banks, land companies, and mining interests with quantities, names, and values for account of whom it may concern.
MENTIONED IN THIS ARTICLE
ANE Boulan Achion
Adrian H. Muller
SAN
William St
Exchan al
Vesey Street
Delaware, Lack, & Western R. R
Morris & Essex R. R
Warren R. R
Eighth Avenue R
Pittsburg
Ft. Wayne
Chia BR
Coney Island
Brooklyn
R. R
United States Trust Co
N.Y
Union Trust Co
N. Y
Bony
New Jersey Land & Improve Co
Content
New Jersey Land & Improvement Co
Ae & Eastern
R'way
Dubuque
Sioux City
New Orleans
R'way & Light
R’way & Light Do. Com
Capital Traction Co
Washington, D.C
Cincinnati Gas & Elec. Co
Savanah Bank & Trust Co
Savannah
Kentucky Union Co
Kentucky Union Co. Scrip
Chicago Railways Co
Consid. & M
St. Louis & Hanniba
P.M
International & Great Northern R. R
P. c
St. Joseph Traction & Lighting
St. Joseph Traction& Lighting Co
Lancaster Sea Beach
Impt
Syracuse
Binghamton & N. Y
Alice Gold & Silver Mining Co
Rhode Island Perkins Horse Inoe Co Miscellaneous Securities
Claims, &c
American Ice Securities Co
Round Mountain Sphinx Mining Co
Natl. Bank
Manhattan Co. Bank
Citizens Central Natl. Bank
Market & Fulton Natl. Bank
the Herzog Co
zee Motor _Construction
Cs &F
al Joseph Gas Co
Ist &S
Lincoln Gas & Electric Light Co
N. Y. & Queens Gas Co
Park & Tilford
Galveston, Houston & Henderson R. R
H. Both & Sons
Merchants’ National Bank
New Netherland Bank
Phenix National Bank
Guardian Trust Co
Nati
Bank of Commerce
Mount Hope Cemetery
Mutual Alliance Trust Co
Detroit & Mackinac R. R. Pra
Italian American Trust Co
City R. R
Mohawk Condensed Milk Co
New York Deck Co
Toledo & Ohio Central R. R
Mary
Westchester Fire Ins. Co. N. Y
Mexican National Sugar Reiining Co
New York Central and Hudson River dividend and election notices
Notices announce a 1.25 percent transfer fee under the lease between New York Central and Hudson River Railroad Company and New York Central and I on River Railroad Company. Transfer books close for directors on Dec 24. Edward L. Rossiter, treasurer. Also a semiannual 5 percent dividend declared by The American Exchange National Bank payable Nov 4 to stockholders of record Oct 23. Edward Burns, cashier.
MENTIONED IN THIS ARTICLE
NEW York Central & I
COMPA
New York
Rome, Atertown & Optensbu Ailroad
York Central and Hudson River Railroad Company
Edward L. Rossiter
THE
American Exchange Tional Bank
Edward Burns
City OF
LorTix
Love
Dashion
Also Mentioned on This Page
Savings Bank Figures
Jersey
Financial District
Steel Corporation
Universal
Universal Portland Cement Company
United States Steel Corporation
Battle Creek
Westinghouse Plans
Boston Stock Market
Hamburg
Santos
Jundiahy
Sao Paulo
Rio No. 7
United States
Rio
Ecetisber
Arizona
Central Vt
Consol
Oregon
Cs . Atchison
Boston & Ae
Boston & Maine
Boston & Ware
Fitchburg Pf
Iron & Steel
Ga. Ry. & Electric
Ass -General Electric
Mergenthaler
N. E. Cat. Yarn P . Pullman Es
Pacific
Coast Power
Torrington
United Fruit
United Shoe
United Shoe A
United States Steel
U. S. Steel Pr Ecendeor
Adventure Stetec
Boston & Corbin
Butte Coalition
Calumet & Arizona
Calumet & Hecla
Franklin
Greene-Cananea
Isle Royale
Miami
Nevada
Con
Newhouse Tesa
Nith Butte
Osceola
Quincey
Shannon Rhode Island
Eeeneces
Superior & Pitts
Superior Copper
Tamarack
Trinity Eee
Eae
United States Oil
United States Smelt
U. S. Smelting Pf
United Copper
Utah-Apex A Eeees
Utah Consolidated Ae
Utah
Phor
Seee
Winona
Aee Bie
Wyandotte
O* Vee
Cable Consolidated Igh
Crucible Steel
Harbison-Walker
Eee
Ind. Brewing Pl
Interior Mining
Mars. Light & Heet
Marsden
Pittsburg Brewing
Pittsburg Brew
Pittsburg Coal
P Fe
Eae Superior & Pitts
Union Switcheevee West
Air Brake
San Francisco
ANGEL
Telegraph
Prum Belcher
Mal Belmont
Best & Belcher
Jim Butler
Bullion
Svenes McNamara
Caledonia
Midway
Ceeeeses
Montana
Saeeevenre
Chollar Wan Eeeesee
North Star Faweehas
Confidence Ae
West End
Cal & Beece
Goldfield
Imperial
Eewewes
Crown Point
Blue ‘Belt
Becuie Gould & Curry
Hale & Norcross
Diamondfield Ao
Occidental
Great Bend
Kendall
Lone Star
Savage Eure
Red
Sierra Nevada
Union
Boston Bank Statement
Col. & Sn
City
Cotton Duck Fs . A
Ga. Sn
Saw, Fla. & Wn
Seaboard
United Ry
United Ry. Lines
United Ry. Fds Bastoces
Ala, Coal
Con. Gas. Power. Pf
Old Town -Seaboard Co
Bank
Seaboard Co
Associated National Banks of Boston
Inc
P. c. Fund
Trust Company
Middletown Bank
Continent
Berlin
Foreign Public Securities
Saxony
Munich
Cologne
Augsburg
Ccceseseee
Vienna
Frankfort-on-Main
Netdon
Close Equiv
Atchison Ae
St. Paul
Canadian Pacific
Central
Erie
Louis. & Nash
N Y. Central
Pennsylvania
Beth Seeeneee
Southern Pacific
U. Union Pacific
Steel
the Treasury Balances
Seat Sewes
Eece
Sae
Eceene Sesssecsee
Financial Notes
F. M. van Horn
A. Leach & Co
Norwich Knitting Company
Nelson P. Bonney
Norwich
Flexible Conduit Company
Caldwell, Logan & Holmes
Court Street
AIR Line
New York-Chicago Road
the Farmers’ Loan and Trust Company
Willtreet
Fifth Aven
Eoe Wote
Boul Jz
Bankers. Trust
NEW Yok Capital
Fourth Rational Bank
Edward
INN
Tegae Nal
Gilbert G. T
National
Townsen
Importers & Trades Nat. Bank
Albert H. Wigg
First National K
Tersey City
Uns
Wuompany
C.conner Thompson
F. Cle Pomeroy
H.W. Donovan
As&f
Trea
Lala Eti
B. Strong Jnr. Secy F.n.b.close Asst
State of New York
J. S. Bache
Fifth Avenue Trust Company
43D Street
ANK and Trust CO
New
Stewart Bullaing
Ces City
P. c. Field
Sha
Greene Cer Ptd
New York Air Brake Company
New York City
Central Trust Company
William N. Shaw
Germania Bank
Hero Central Co
Lorenzo M. Git Uet
Minneapolis & ST. Louis
R.R. CC
Consolidated
F. H. Davis
Guayaquil and
Quito
Guayaquil & Quitoilway Company
Exchange Place
Jersey City
State of New Jersey
Government of
Ecuador
Council Oforeign
T. H. Powers Farr
Cleveland, Cincinnati, Chica, & & Louis Railway Company
Cincingtati
Cleveland, Cinc ¢Cinnati, Chicago & St. Louis Railway Company
Cincinnati
Dwight W. Pardee
Union Squard Company
Ceda
Ww’ . C. Kronme ’ Sé
Leary
American Institute
West 44Th St
A. & Army
Whitehall Street
New BG City
U. S
Office of the Armis
A. L. Smith
U. S. Army
General Depot
Q. M. Depft
Jhffersonville
Ind
Q. M
Manila
P. I
York
George Ruhlen
U. SS
Army
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