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!
This newspaper page contains 15 articles. Subscribers can read the full text of each article.
Newspaper
New York Times
Location
New York, New York, United States of America
Date
Sep 12, 1908
Page
11
Traders watched the morning ticker for call money rates and eyed time money activity as banks face an estimated cash loss of over 4 million. Brokers debated market direction while traders eyed low priced issues, transfers, and traction stock steps amid uncertainty about final plans.
The South urgently seeks funds as crop season begins. The first movement of cash to crop districts reduces bank cash by 2.84 to 4.19 million dollars, with New York City facing rising call loan rates near 3 percent. Interior receipts shrink while Sub Treasury operations show a large loss, driven by interior bank drafts and customs collections.
The Railroad Age Gazette notes broad equipment purchases by major lines. Harriman lines ordered 5000 cars, with Atchison Topeka Santa Fe 500 reefers and three smoking and passenger cars from Pullman. Chicago Cincinnati and Louisville 400 box cars and two cafe parlor cars sought. Dairy Shippers Dispatch placed 100 thirty ton refrigerating cars. Locomotives are in demand: Carolina Clinchfield Ohio 25. Kansas Ozark Western Westroad and Ohio and Michigan Sand and Gravel 1 each. Virginian Railway eyes 30 locomotives. Prairie Pebble Phosphate of Mulberry Florida ordered two electric locomotives.
Chicago and Boston reports detail A Booth & Co. failure driven by canceling operating agreements and rival competition. A stock issue of 1 million dollars plus 200 thousand sought to secure control of rivals. the National Government is a creditor. One count rebating led to a fine likely between 1000 and 20000 dollars, becoming a preferred receiver claim. Ancillary receivers were appointed in Massachusetts. Booth paper held by New England banks totals about 500 thousand dollars.
The Tuma River Plantation Company of Nicaragua, a rubber concern with offices at 5 Wall Street, was placed in receivership after D. O. Mills won a $216 rent judgment. Justice Gerard of the Supreme Court named George Schaefer as receiver, with G. Thompson in charge and F. F. Mosby as secretary.
Stockholders of Mutual Alliance Trust Company will meet on September 25 to vote on increasing capital stock from 500000 to 709000 by transferring 200000 from surplus. The increase will be distributed as two new shares for every five shares held, equivalent to a 40 percent stock dividend.
Coffee opened steady and then slipped up to five points before closing steady to five points lower. About 15,000 bags sold as receipts rose to 98,000 bags at two ports versus 67,000 last week and 97,000 last year. New York warehouse receipts remain plentiful and Rio No 7 spot stands at 6 14 cents.
London markets were quiet with easy discounts as heavy settlement ended and gilt edged bonds held firm while home rails fell and Paris activity dull. American securities stayed inactive in the forenoon, then mixed. industrials especially iron and steel stayed active. Paris rentes near 3 percent, Berlin Boerse prices weak.
The article reports on grain trading with wheat leading into a late session drop after midday, driven by dry Southwest weather and export inquiries yielding 20 loads. World shipments eased from prior week. cash quotes in New York show No 2 red and other grades. Corn prices hit new highs before a late decline, with September maintaining some strength amid bullish crop news and Argentine shipments. Additional notes cover Dun's Review on broad business trends, machinery restart, pig iron and textile activity, and August railway earnings with trade and import/export figures.
Andrew J McCormack Auctioneer conducts Adrian H Muller Son office sale of numerous stocks and bonds by order of administrator. Sale at Exchange Salesroom Vesey Street Sept 16 1908 noon. Includes United Breweries Chicago bonds several R R and utility issues with mortgages and interest details.
The record details assets including bonds and mortgages, public securities with a book value of 1,565,702.04 and market value not fully shown, other securities with 336,400 book value, loans, overdrafts, foreign exchange, and balances due from trust companies and banks. It lists cash items, accrued interest entries, and furniture and fixtures totaling 25,000.00 and 862.05 in value.
Albany reports nearly nine million dollars in corporate taxes for the fiscal year ending this month, over a million more than any prior year. State Controller Glynn cites a strong increase despite 4,000 firms removed from the taxable list, tax hits from trust companies, foreign bankers, and depreciation in key sectors.
Cotton prices moved little at the open and eased in late trade to a net decline, with about 295,060 bales sold. The English spot market fell modestly and weekly movement figures from the New York Cotton Exchange show higher receipts and mixed mill takings versus last year. Regional spot markets across Savannah Norfolk Augusta St Louis Galveston New Orleans Memphis and Houston varied slightly with most reports steady or down small amounts.
The United States Weather Bureau forecast fair to partly cloudy conditions Saturday and Sunday across North and South Carolina Georgia Alabama Mississippi Louisiana Ohio Illinois Michigan Wisconsin Minnesota and North and South Dakota with variable winds and cooler spells. A Baltimore and Ohio mail pouch stolen last Friday at Washington Junction was recovered in nearby brush. valuables were reportedly taken but money orders and checks require indeorsement. letters will be sent to their destinations with notices.
The Central of Georgia Railway Company reports interest paid for the year ended June 30 1908 and calls bondholders to a meeting at the undersigned office on Tuesday September 15 1908 at 12 noon. Attendance is requested as protest must be filed by at least one third of the issue on or before September 30.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.