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 20 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 23, 1908
Page
13
The market yesterday displayed wild fluctuations with professional traders dominating and customers largely sidelined. Union Pacific and Reading surged and tumbled as speculation swirled around Steel profits and quiet operators profited, while State Controller Glynn plans a 5 million dollar canal bond sale and touts tax exemptions to attract institutional buyers.
Inquiry shows bankers not yet bidding heavily for the new issue. The bonds are government grade with high security. The last 4 percent issue carried strong demand but now trades around 3.60. If this offering proves large it could buoy the bond market.
London reports abundant money with weak demand as securities hold steady amid a New York decline. Americans wavered but Paris and Berlin saw firm or irregular tones with Paris close at 3 per cent rentes around 95 and a strong Boerse in Berlin. Bar silver quiet at 24d. Discount rates near 14 1 4 percent for short bills.
Esperanza defeats Tomboy in a tight finish at the Silver Circuit with key momentum shifts across the early rounds. Dolores and Stratton's Ind. also posted notable results in the event, highlighting a competitive lineup.
London spot copper dips 2s 6d, futures 7s 6d lower from Monday. Closing: spot £59 2s 6d, futures £59 17s 6d. Tin closes strong at £130 15s spot and £182 2s 6d futures. Lead softer at £18 1s 8d. spelter firm at £20. Iron warrants near unchanged. New York bids and asks listed for copper and other metals with Tuesday versus Monday differences.
The Directors of the First National Bank organized the First Security Company to handle securities and operate beyond standard bank charters declared a 3 percent quarterly dividend on its 10 million capital. They also declared a 5 percent quarterly dividend on bank stock, totaling the usual 8 percent quarterly payout. Both dividends are payable Oct. 1 to stockholders of record Sept. 30.
Vice-Chancellor Howell in Newark yesterday confirmed Sydney Smith as permanent co-receiver with Thomas L. Raymond for United Boxboard and Paper Company despite stockholders objections. The court ruled no reorganization plan would revive the company, and that Mitchell’s role as receiver for American Straw Board Company did not oppose his appointment to the new receivership.
Coffee prices eased slightly after a flat opening and finished steady. Sales reached 18,500 bags as Santos reports show fresh strike impact with no receipts, Havre moves 34 cents lower to 4 cents higher, and Hamburg shifts down 14 pfennig while Brazilian markets hold. Rio Rio No 7 spot at 644 cents.
The Westinghouse Readjustment Committee is expected to extend the window for completing subscriptions to 6,600,000 in new stock. Merchand ise Creditors have already accepted 4,600,000 of the same stock to settle their claims. J W Marsh, chairman, travels from Pittsburg to New York to report progress and secure final assent. Ad vices from Pittsburg suggest current assents suffice for eventual plan success.
The Central of Georgia Railway Committee led by R. Walter Levy Frederick W. Scott and Walter P. Gardner reports difficulty securing deposits for first preference bonds. If one third of the first preference incomes are not on deposit with Metropolitan Trust by Sept 30 the earnings statement and nonpayment declaration will be final for the first preference bonds despite other bond classes’ actions.
Twenty third Ward Bank shareholders voted to double capital from $100,000 to $200,000. A 100 percent dividend with payable date of Oct 1 to stockholders of record Sept 28. Dividend to enable holders to take up the additional shares created.
Copper shares were freely offered in Boston with losses of 1 to 3 points. North Butte rebounded 3 points to 78 in the afternoon while the rest of the list traded about a point higher than morning lows.
The Board of Directors declares a dividend of one hundred percent on the bank capital stock. Dividend payable in capital stock to stockholders of record October 1. Transfer books close September 28 at 8 PM and reopen October 2 at 10 AM. George H. Edwards, cashier.
Notice to contractors for furnishing and installing four horizontal tubular boilers at Hudson River State Hospital Poughkeepsie New York. Proposals due September 29 1908 with certified check of 600 and bond of 6000. Drawing and specs at hospital or State Architect Franklin B Ware Albany.
Several companies announce quarterly dividends with pay dates in October 1908. Chatham Ssanx lists a four percent payout to holders of record September 25, 1908, with transfer books closed late September. Dairy Men's Manufacturing approves eight percent from prior earnings for Oct 9, with books closed October 3. The Fourth National Bank declares two percent payable October 1, with books closed Sept 25. United Gas Improvement Company proclaims two percent payable October 15 to holders of record September 30. Market and Fulton National Bank notes two and a half percent payable October 1. General Chemical Company sets one and a half percent to preferred stockholders of record September 25.
The annual meeting of stockholders is set for October 21 1908 at 11 A.M. at the company office 18 Exchange Place Jersey City. Transfer books close September 20 at 8 P.M. and reopen October 22 at 10 A.M. The Kerr Lake Mining Company holds a meeting September 30 1908 at 11 A.M. at 42 Broadway Room 806 with transfer books closed from August 19 to October 1. Republic Iron & Steel Co holds a meeting October 21 1908 at 15 Exchange Place with transfer books closed September 25 and reopen October 24 at 10 A.M.
Warning to banks bankers businesses and individuals against exchanging selling or negotiating checks or notes payable to the Florence Distilling Company of New York bearing our signature from Illinois Baldwinelli Iron Mountain Michigan
Dividend notice states the regular quarterly dividend on the Preferred Stock is 1 3/4 percent with 1908 record date September 25 and payment due October 15. Transfer books close September 25 and reopen October 5. Checks mailed by Guaranty Trust Co of New York. WM H Dwelly Jr Treasurer Boston September 21 1908.
Wheat moved downward amid drought relief, with Wall Street selling and exporters small loads. Western wheat movement remained heavy at 2,407,000 bushels versus 1,175,000 last year. Cash wheat in New York priced No 2 red at 1.06 to 1.08, No 1 Northern Duluth 1.11 and No 2 hard Winter 1.98 free on board. Corn showed strength, first new car at St. Louis reported. Liverpool percent lower. interior 620,000 bushels. No 2 corn listed at 5 to 6 cents elevator and 3? to 3 1/4 cents delivered.
Financial report detailing prices from New York and major exchanges. Includes active and curb securities, commodity prices for wheat cotton and metals, and eight year price ranges. Correspondence from key financial centers. subscriptions at Times Building.
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.