No Bucket Shops Hit by New Law on First Day
No arrests for anti bucket shop law on its first day as no bucket shops remain open in New York. D Richter & Co Brooklyn brokerage closed after their connection with the Consolidated Exchange was rejected. The law imposes heavy penalties for corporations and individuals linked to bucket shops.
MENTIONED IN THIS ARTICLE
Lefé. D. Richter & Co
Court Street
Brooklyn
Consolidated Exchange
Stock Exchange
Wall Street
New York City
Philadelphia Consolidated Stock Exchange
Bucket Shops
New York
Massachusetts
Ohio
New York State
Charles H. Badeau
Consolidated Stock Exchange
Bucket Shop
Philadelphia Bonds Awarded to New York Firms
Philadelphia City Controller Walton awarded 9 million of 4 per cent thirty year bonds to William A Head & Co and 1 million to Harvey Fisk & Sons after 27 bids. Read & Co submitted the top price for the whole issue but prices lagged April levels amid abundant bank funds.
MENTIONED IN THIS ARTICLE
Pecal
New York Times
Philadelphia
Sept. L
Walton
William A. Head & Co
New York
Harvey Fisk & Sons
N. W. Harris & Co
Read & Co
William A. Read & Co
H. F. Bachman & Co
A. B. Leach & Co
Consolidated Stock Exchange Changes and Corporate Moves
Graham W. Place elected as member of the Consolidated Stock Exchange. Arthur Lincoln retires from C. Fairchild & Co. A. A. Lisman sails for Europe, returning before month end. J. T. Gwathmey and W. S. Thompson admitted partners at George H. McFadden & Brother. Gwathmey retires from Gwathmey & Co. Hollister & Lyon formed by George C. Hollister and Cecil Lyon at 1 Wall Street. Frank B. French elected president of Twelfth Ward Bank. James B. Iverson becomes cashier. Protective Bondholders Committee formed for Hudson River Electric Power Co.. James R. Hopper chairs. members include Gordon Abbott, Horace B. Andrews, John P. Reynolds Jr., John Scully, Edwin S. Webster. American Foundry Company reports Q3 earnings of 684,042 with dividends on preferred 1% and common 4% payable Oct 1. books close Sept 1 and reopen Sept 21.
MENTIONED IN THIS ARTICLE
Graham W. Place
Consolidated Stock Exchange
Arthur Lincoln
Stock Exchange
C. Fairchild & Co
A. A. Lisman
Europe
George H. McFadden & Brother
J. T. Gwathmey
W.S. Thompson
Mr. Gwathmey
Gwathmey & Co
George C. Hollister
Cecil Lyon
The
Hollister
Frank B. French
Twelfth Ward Bank
Thomas Simpson
James B. Iverson
Hudson, River Electric Power Company
James R. Hopper
New England Trust Company
Gordon Abbott
Old Colony Trust Company
Horace B. Andrews
Mohawk Valley Company
John P. Reynolds, Jr
John 8. Scully
Diamond National Bank of
Pittsburg
Edwin S. Webster
Stone & Webster
American Foundry Company
Cotton condition improves but market remains steady
Washington reports the cotton crop condition on August 25 at 76.1 percent, the highest in ten years aside from a few prior peaks. Despite the favorable figure, the market barely moved after the government release as traders anticipated a bullish push from shorts and contract sales.
MENTIONED IN THIS ARTICLE
Shorts
Cotton Market Sees Government Condition Report Shift
The Government September condition shows 76.1 percent, up from last year but below two years ago, with area estimates around 82.08 million acres and a projected crop near 13.0 to 13.25 million bales after damage deductions. Trading ends with a net decline, futures easing and private reports noting freer spot offerings while Southern markets drift lower or steady in a quiet session.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
Weather forecast for cotton and grain states
Special weather bulletin for Wednesday and Thursday from the U S Weather Bureau lists fair conditions for most states with variable winds and some cooler interior spells. Georgia Alabama Mississippi and Louisiana expect generally fair weather with light to fresh winds while Utah Oklahoma and Minnesota show warmer or fair conditions.
MENTIONED IN THIS ARTICLE
New York Times
Washington
United States Weather Bureau
North Carolina
South Carolina
Georgia
Alabama
Mississippi
Louisiana
Utah
Oklahoma
Arkansas
Indiana
Illinois
Michigan
Upper
Wisconsin
Minnesota
Iowa
Missouri
South
Dakota
Nebraska
North Dakota
Kansas
Appeal Stops Dividend In Pipe Co Case
Vice Chancellor Howell signed a decree at his Summer home in New town New Jersey dismissing a bill by Pitney Hardin Skinner against United States Cast Iron Pipe and Foundry to enjoin a 218 750 dividend on 7 percent preferred stock. The injunction is dissolved pending appeal to the New Jersey Supreme Court in Trenton in November and the dividend payment in Jersey City is halted.
MENTIONED IN THIS ARTICLE
Howell
Newton
N. J
Newark
Pitney, Hardin & Skinner
United States Cast Iron Pipe and Foundry Company
Trenton
Jersey City
Upstate Bank Report Shows Weekly Changes in New York State
State banks and trust companies outside New York City report increases in loans and discounts, total deposits, and reserves for the last week. Loans rise by 77.1 million for banks and 120.6 million for trust firms, with deposits and reserves also up. Average reserves stand around 28.3 percent for banks and 18 percent for trust companies, both above required levels.
MENTIONED IN THIS ARTICLE
New York State
New York City
Cewcceees
Brooklyn Rapid Transit Reports Growth But Narrow Margin
In its annual report President Winter notes rising passenger totals and growing transfers while gross earnings reach $19.87 million and net earnings $8.61 million. He warns that the shrinking margin between cost and fare could threaten future transit development amid subway competition and rising legal expenses.
MENTIONED IN THIS ARTICLE
Brooklyn Rapid Transit Company
Winter
New York City
Public Service Commission
Winters
Brooklyn
Battery Park
Flatbush
Atlantic Avenues
Lnes
Manhattan
Hnes
Brooklyn Rapid Transit
Ines
Coffee Market Shows Steady Tone Amid Mixed Gains
The coffee market opened higher but closed fairly steady with a 5 point high. Trading was active in near months amid steady European cables and light short covering. Java receipts rose to 97,000 bags across Havre and Hamburg markets showed modest gains. Santos 7s in Brazil rose 50 reis. Rio and Santos July receipts totaled 1,075,000 bags and August receipts 1,830,000 bags, with season totals at 12,905,000 bags, down 172,000 from 1906. São Paulo state reported rainy weather in several districts and spot coffee stayed quiet at 640 for Rio Jo. State banking officials in Albany issued Aug 31 condition reports.
MENTIONED IN THIS ARTICLE
Shorts
Havre
Hamburg
Santos
Rio Ne Santos
São Paulo
Cash Shipments Dispute Highlights Treasury Regulation
National City Bank notes the September circular on shipping currency by registered mail and express. The regulation, pushed by banks in their clash with express companies, forces use of registered mail for half the $60,000 subsidy for subsidiary silver coin, driving costs up. Banks may access fractional silver by express or registered mail at government expense, or by risk to depositors per customer requests.
MENTIONED IN THIS ARTICLE
National City Bank
Treasury
Congress
Express
Post Office Department
August 1908 Dun's Review shows rise in failures led by large defaults
August failures reach 1199 with liabilities of 23.78 million, up from 850 with 15.2 million last year. Three big defaults totaling 12.5 million skew the totals, including a speculative securit y loss. Manufacturing failures rise to 253, trading 907, brokerage disclosures hint at broader weakness.
MENTIONED IN THIS ARTICLE
Dun
Treasury Funds and Reserves Reported for Day Start
Washington reports the Treasury starting the day with a reserve fund of 190 million in gold coin and bullion. Trust funds to redeem outstanding certificates total 487,768,000 in silver dollars plus 837,564,869 in gold coin. General fund deposits in national banks amount to 7. Philippine Treasury awaiting reimbursement 6,455,226. current liabilities clock in at 116,872,014.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Treasury
General Fund
National ‘Banks
Philippine Treasury
Rush Back to Town as Baggage Feeds New York Termini
Rail rush returns to city with record baggage at Grand Central and Westcott stations. Officials say congestion will ease later in autumn though trunks grow larger and lighter. Baggage handlers blame passenger error and urge through checks or home delivery for smoother flow.
MENTIONED IN THIS ARTICLE
New York
Grand Central
Westcotta Company
New York Central
Pennsylvania
Westcott Express Company
Fortythird Street
E.C. Ensign
The
Erie
Twenty-third Street Ferry House
Third Dividend To Depositors Of National Bank Of North America
The National Bank of North America depositors will receive a third dividend of 25 percent on Sept 10, bringing total paid to 75 percent since the bank's closure on Jan 29. Final 0 percent dividend expected before year end, with possible 6 percent interest if assets permit. Charles W Morse continues paying depositors in full without interest at Nassau Street office awaiting receiver actions.
MENTIONED IN THIS ARTICLE
National Bank of North Americal
Charles A. Tianna
Charles W. Morse
Nassau Street
Produce Exchange Stock Prices Report
The principal transactions reported yesterday in the stock department of the Produce Exchange, with opening, high, low, and last prices, list 3,500 shares for Branch Mint at .03 percent opening, .04 high, .08 low, and .04 last.
MENTIONED IN THIS ARTICLE
Stock Department of the Produces Exchange
Also Mentioned on This Page
Astor Place
Fourth Avency
Mattie
Canal St
Way
Chats
Layties Brothers
U.S
Broad and
Beaver Streets
Breere
Uneeda
Library
Bureau Card and
Broadway
Washburn-Crosby Company
Wm. A. Read & Co
Financial Notes
Bureau of Statistics
Department of Agriculture
Virginia
Texas
Georgla
Tennessee
Sacza
O.e
S.ccee
Gulf
Houston
Mobile
Savarnnah
Charleston
Wilmington
Norfolk
Baltimore
St. Louis
Augusta
Little Rock
Galveston
New Orleans
Cast Iron Pipe Co
B. R. T. Transrersate
Williams
Albany
N. Y
Clark Williams
Ceeters
James McCreery & Co
Times
James McCreary & Co
23Rd Street
34Th Street
Prophecy
Bron
City OF
Css
Ana Ls
Bell System
New York Telephone Co
N. Y. and
N. J. Telephone Co
the Treasury Balances
Oppenheimer Institute
W. 57Th Street
Que
Californic Fig Syrup CO
Milliken Bros. Extension
Milken Brothers
Sullivan & Cromwell
Ober Tainable
August Heckscher
William L. Ward
J. van Vechten Olcott
Milliken Brothers
Adams
United States District Court
Bank of North America
Produce Exchange
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!