Wall Street Traders See Cautious Rise with Short Covering Hints
The market edged higher as traders weighed the push from Union Pacific and Consolidated Gas against lingering doubt about sustaining gains. Analysts noted possible short covering and a depressed outside trading, while rumors of a broader traction plan continued to circulate amid a cautious mood.
Clearing House Meeting Reviews Constitution Changes
A noon meeting of the New York Clearing House Association will consider codifying and amending its constitution and by laws. Changes mainly replace bank terminology with members or institution to include trust companies if needed and add the National Copper Bank to members. Trust firms are not expected to join. amendments fix technical textual discrepancies from last winter.
MENTIONED IN THIS ARTICLE
New York Clearing House Association
National Copper Bank
Clearing House Association
Readjustment Committee Meeting At Westinghouse Works
The Readjustment Committee of Westinghouse Electric held a lengthy session at Joline Larkin Rathbone offices. They discussed repealing those in charge of assessing subscriptions to new stock under the merchandise creditors law and adjourned until today. George Westinghouse attended. others refused to forecast further extension of time to perfect the plan.
MENTIONED IN THIS ARTICLE
Westinghouse Electric and Manufacturing Company
Joline, Larkin, & Rathbone
George Westinghouse
Stocks Listed For Sale and Trade in American Firms
A long list of securities and commodities shows stocks for sale or trade including American Gas & Electric common and preferred, International Nickel common and preferred, Union Carbide, Procter & Gamble, Texas Company, Tennessee Coal & Iron, and numerous others. The compilation names banks, railways, manufacturers, and utility firms with quantities and classifications, reflecting a broad market inventory.
MENTIONED IN THIS ARTICLE
American Gas & Electric
Aeolian Weber Piano & Pianola
American District Telegraph of
N. d
American Presa Association
Borden's Condensed Milk
Babcock & Wilcox
Conn. Railway & Lighting Preferred
Conn. Railway & Lighting Common
Carnegie. Trust
Dixon (Jos.) Crucible
Empire Steel & Iron
Gray National Telautograph
Hall Signal
International Silver
International Time Recording Ltd
Kensico Cemetery
Luna Parks
Lord & Taylor
Lackawanna Steel
Madison Square Garden
Commercial
National Licorice Common
Oilfields of Mexico
Procter & Gambie Common
Procter & Gamble
Rubber Goods Manufacturing Plcs
Singer Manufacturing
Safety
The
Bond listings and securities offerings from a dealer catalog
A broker advertises bonds and stock debentures totaling many thousands across American Biscuit, American Spirits, American Type Founders, Denver & Northwestern Electric, National Starch, New York Biscuit, Norfolk & Southern, Old Dominion Steamship, Rochester Syracuse Stern, Acker Merrall Condit, American Pipe & Foundry, Garrett Manufacturing, River Elec Power First, International Navigation First, Morris & Essex Railroad, Union Telegraph First, Penn Coal & Coke, Park & Tilford, Republican Iron & Steel, Sunday Creek Co. Coll Trust, and Union Steel. The firm emphasizes high grade railroad and industrial securities and markets in this class.
MENTIONED IN THIS ARTICLE
Hoboken Ferry
Keokuk & Des Moines Railway
New York Biscuit
Norfolk & Southern R. R
Dominion Steamship
Rochester
Syracuse
Acker, Merrall & Condit
American Pipe & Foundry
Garrett Manufacturing
International Navigation
Morris & Essex Railroad
Union ‘Telegraph
Penn
Coal & Coke Ist
Park & Tilford
Penn. Coal & Coke
Republican Iron & Steel
Sunday Creek Co
Trust
Anos & Bulzberger
ASU UD
Luze
Union Steel
Bank and Trust Company
Cotton consumption in U S shows drop from 1907
Census Bureau data for year ended Aug 31 shows 4,575,438 running bales consumed in the United States, down from 4,954,936 in 1907, with 1,233,628 bales in stock on Aug 31 1908 and 27,845,581 spindles in use. Detailed state and foreign usage noted, final report due late October.
MENTIONED IN THIS ARTICLE
Washington
Census Bureau
United States
European Markets News London Paris and Berlin Update
European markets closed steady after a firmer London session with cheap money aiding securities. Copper shares rebounded as New York supported favored issues, while Paris and Berlin showed cautious trading amid notes on Franco-Spanish tensions and currency exchange.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Wall Street
New York
Iron and Steel Notes Indicate Flourishing Export Trade
Leading trade journals report strong export activity with 20 000 tons steel pipe 56 000 tons sheet bars 30 000 tons structural shapes and a 66 000 ton sheet bars block to Great Britain. Contracts with Canadian and Argentine buyers appear while Upson Nut plans Cleveland open hearth plant and St Paul Railroad to build 6000 steel under frame cars.
MENTIONED IN THIS ARTICLE
Great Britain
South Africa
Pennsylvania
Columbia Gas and Electrical Company
West Virginia
Cincinnati
Chicago
Iron Traife Review
Oliver Iron Mining Company
Mesaba Range
Upson Nut Company
Cleveland
Pittsburg
St. Paul
Steel Corporation
Camp Esperanza and Tomboy Descriptions Mentioned
Fragmented OCR text references Camp Esperanza, Tomboy, and Stratton's in 0 10 style notes. Not enough readable details to form a full event or outcome.
MENTIONED IN THIS ARTICLE
Camp BE
Esperanza
Tomboy
Ses
Dolores
Leecranek 2D
el Ord
Cseacseeh
Stratton’s Ind
Bankers to Attend 34th American Convention in Denver
The New York and New England delegations of bankers will travel to Denver for the 34th annual American Bankers Association convention opening next week. About 250 bankers are scheduled to ride on two special trains provided for the occasion, leaving Friday over the New York Central.
MENTIONED IN THIS ARTICLE
Denver
New York
New England
American Bankers’ Association
New York Central
Wabash Pittsboro Terminal Railway Bonds Committee Names
The Wabash Pittsboro Terminal Railway Company first mortgage bonds listed with committees including Haley Fiske Brasser Herrisford Abbott and Georg P Butler Clark Jackson and related executives.
MENTIONED IN THIS ARTICLE
Wabash Pittsboro Terminal Railway Company
First Mortgage Bonds
Haley Fiske
Harry Brosser
Myron T. Herrisfordon Abbott
Geo
P. Butler
D. Lee Clark
Charles C. Jackson
Produce Exchange Plan Proposed For Associate Membership
A special committee of the Produce Exchange, named last June, approved a plan to modify gratuity fund obligations. It would create a new associate membership class with Exchange privileges but without property rights, voting, or gratuity fund participation, and subject to exchangeable regular fees. The plan, set for a vote on October 14, relieves younger members from gratuity assessments while keeping trading access.
MENTIONED IN THIS ARTICLE
Produce Exchange
Securities Sold At Auction At Vesey Street Exchange
At the Exchange Salesroom Adrian H. Muller & Son auctioneers disposed of many securities including 6561 Central New Jersey Land Improvement shares at 5 dollars and 6 dollars per share, various Texas Land Syndicate lots, Ridgefield Country Club scrip and notes, Ridgefield press and electric shares, National Electric Lamp bonds, Union Pacific bonds, Broadway and Seventh Avenue Railroad bonds, Ann Arbor Railroad preferred stock, and numerous bank and industrial company holdings with prices listed per lot or share. The sale included bonds due 1932 to 1947 and various preferred and common stocks with a wide range of nominal values and yields.
MENTIONED IN THIS ARTICLE
Vesey Street
Adrian H. Muller & Son
Central New Jersey Land Improvement Company
Texas Land Syndicate
Texas Land Syndicate No
Country Club of
Ridgefield
Conn
Ridgefield Press Printing Company
Ridgefield Eltric Company
Aoe
People It Company
Brook
National Electric Lamp Company
Union Pacific Railroad
First Mortgage Railroad
Broadway and
Seventh Avenue Railroad
First Consolidated
Ann Arbor Railroad Company
Trust Company of America
Pratt &Whitney Company
Denver & Rio Grande Railroad
Hamilton Bank
Mercantile National Bank
International Silver Company Preferred
Bowling Green Trust Company
Hudson Trust Company Old Stock
Underground Electric Railway of London
International
Power Cmpany Common
United States Cast Iron Pipe Company Common
Peoples’ Surety Company
City Investing Company
New York, Susquehanna & Western Railroad General
American Tissue Paper Company First Mortgage
Carnegie Trust Company
Bank of America
Broadway
New York
Union Pacific Railroad Company
Salt Lake City
Utah
Equitable Trust Company of New York
Mercantile Trust
Sommea
South Omaha and Western Railroad Company, & Corporation
State of
Nebraska
Agricultural Chemical Company Bond Sale to Lee Higginson
The American Agricultural Chemical Company sold to Lee Higginson & Co. its recently authorized 5 percent convertible bonds. The Chemical National Bank will pay Oct 1 coupons on second mortgage 5 percent bonds and first consolidated 6 percent bonds of Colorado Springs & Cripple Creek District Railway. La Rose Consolidated Mines declares an initial 8 percent dividend for the quarter ended Aug 31, payable Oct 20. Redmond & Co. issues a pamphlet on Connecticut savings bank investment laws and lists railroad bonds presently legal for savings bank trusts.
MENTIONED IN THIS ARTICLE
American Agricultural Chemical Comany
Lee, Higginson & Co
The
Chemical National Bank
Colorado Springs & Cripple Creek District Railway Company
la Rose Consolidated Mines Company
Redmond & Co
Connecticut
Trinity Leads Boston Stock Market Surge
Trinity was the standout strength in Boston trading today with the stock advancing two points to 18 on heavy volume. North Butte rose to above 78 while Copper Range moved past 71 and the rest of the list posted fractional gains as the day ended with a strong close.
MENTIONED IN THIS ARTICLE
Third Avenue
Brooklyn
New York Times
Boston
Seaboard Air Line First Mortgage Bonds Notice and Auctions
Public notices invite bond holders to deposit Seaboard Air Line Railway bonds into the Standard Trust Company of New York or its agent by October 20, 1908 for a new 4 percent thirty year mortgage. Also announces bond purchases for the Cleveland Akron and Columbus Railway and Cincinnati and Muskingum Valley Railway sinking funds on October 1 1908 with sealed bids due September 30 1908. A mining stock inquiry from L Darbyshire Rochester appears.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Central Trust Company OF
New York
OLD Colony Trust Company
Boston
J. N. Wallace
Paul Morton
Seaboard Air Line Railway
Atlanta
Birmingham
Standard Trust Company of
STANDARD TRUST COMPANY OF NEW_ YORK
Broad Street
New York City
Bank of Scotland
City of Edinburgh
City of London
William Salomon
Irmony
Benjamin S. Guinness
Frederick J. Lisman
Cleveland, Akron & Columbus Railway Company
Pittsburgh
New First Consolidated
Messrs
Winslow, Lanier & Company
T. H. B. McKnight
Cincinnati and Muskingum Valley Railroad Company
Farmers’ Loan & Trust Company
Standard Cordage Company
Equitable Trust Co
Nessau St
James G. Hurty
Consolidated Arizona Smelting Company
Humboldt
Arizona
Blue Bell
de Bote Mining Company
de Soto
United States District Court For
District of New Jersey
Messrs. Crocker & Wickes
Nassau Street
J. Kearny
Amerrigan Malt Declares Semiannual Preferred Dividend
The Board of Directors declares a semiannual dividend of two and one half percent on the preferred stock payable on November 3 1908 to shareholders of record at the close of transfer books on October 22 1908 Louis and Stanton treasurer September 17 1908
MENTIONED IN THIS ARTICLE
American Woolen Company
Guaranty Trust Co
New York
WM. H. Dwelly, JR
Boston
Mass
Standard Milling Company
Wall Street
Jos. A. Knox
American Malting Company
Louis L. Stanton
Amerigan Malt Corporation
Louis & Stanton
Board of Directors
W. H. Strawn
Cashier
State Street
Charles A. Hubbard
Electric Storage Battery Company
Allegheny Avenue
10Th Street
Phila
WEA
Walter G. Henderson
Frank O. Roe
Tri-City Railway & Light Company
Tri-City Railway and Light Company
T. F. Wickham
United Traction and Electric
Jersey City
N. J
C. S. Sweetland
Garfield National Bank
W. L. Douglass
la Rose Consolidated Hines Company
Haseen
LA Rose Consolidated Mines Company
D. A. Dunlap
Fourth National Bank OF the
City OF New York
Proximo
Orr
Charles H. Patterson
Hanover National Bank
City OF
New_York
Elmer E. Whittaker
Fulton National Bank
T. J. Stevbns
Also Mentioned on This Page
Union Pacific
Consolidated Gas
Clearing House Meeting
Westinghouse Committee
Frederic H. Hatch
Broad St
Atcheau
American Coal Co
American Coal Products
Adams Express
Binghamton
Trust Co
Borden’s
Baring Cross Bridge
Coney Island
Jockey Club Corn Exchange Bank
Empire Trust Co
Farmers’ Loan & Trust
Great Northern Paper International
Nickel Common International Nickel
Interboro Rapid Transit
Lake Shore
Michigan Southern R’y Lehigh & Wilkesbarre C
Mahoning Investment National City Bank
New Jersey Zinc
New York, Lack. & Western R. B
Ohio & Little Kanawhs Railroad
Oil Royal Baking Powder
Lld
Rome
Watertown
Ogdensburg
RK. R. Stetson
J. B
Texas & Pacific
Thompson-Starrett
Union Carbide
Express
Wells Fargo Express
Badeau
Bond Department
James K. Rich, JR
Charles N. Daly
Denver & Northwestern Electric
Development Co. of America
London Exchange
Paris
Germany
Berlin
Lawyers Title Insurance& Trust Company
Title Department & Trust and Banking Departments
Montague Street
Edwin W. Coggeshall
Louis V. Bright
Thorwald Stallenecht
Archibald Forbes
David B.ogden
Geo. F. Butterworth, Dumont Clarke
William A. Day, William P. Dixon, Julian D. Fairchild
John T. Lockman
Henry Morgenthad, James N. Wallace
Hornblower & Weeks
Bankers
West 430 Street
Providence
Newport
Congress St
Hartford
New Haven
Detroit
Mich
Monroe St
Iron and Steel Notes
Anaconda
Atchison
Pacific
Ts St. Paul
Erie Nes
Erie
Illinois Central
Louis. & Nash
U. Central
Southern Pac
Itee Pacific
U. Steel
Steel
Foreign Public Securities
Consol
Baxony
Sesseess
Hessian
Hamburg
Franklin L. Babcock
Joline, Larkin & Rathbone
Financial Notes
Boston Stock Market
J. Ss
Illinois Steel
N -N
Bisate Nate
Boston & Lowell
Boston & Maine
Fitchburg
Teen Electric
Ccce
Mergenthaler
Cs Ullman
Esccsvuce
Swift
Sesee
Seattle
Esec
Torrington
United Fruit
United Bnoe
United Shoe Pf
Arcadian
Ariz
Atlantic
Seceeences
Boston Con
Boston & Corbin
Butte Coalition
Cal
Granby
Eevees Lmg
Greene-Cananea Eees
Isle Royale
Sessss
Lake Veneers Eeeeses
la Salle
Cccecessee
Mass Pees Eectesseses
Mexico
Ecreetescres
Miami
Steve Asereeses
Michigan
Nevada
Newhouse
Tenecees
North Butte
Old Dominion
Osceola Proprenirees
Parrot
Rhode Island
Quincy
Santa Fe
Ieeeteseseen
Shannon
Superior Copper
Zee
Tamarac Weceeseeeeseeeererees
U. Oirerseereres
Eee
U. 8S
Smelting Pt
Utah Apex Weseseres Im
Utah Seeeeseve
Utah Copper
Victoria
Coast Line
Ches
Ohio
Astee
Eeesee
Reb
Icae
St. L
Interboro
Ntae
of Michigan Central
Minn
St. Louis
N.Y
Frederick B. van Vorst
M. V. R. Weyant
Thomas Gibson
Corn Exchange Bank
N. Y
Union Pacifico Railroad Company
Thomas H. McCune
Thomas EH. McCune
Care Commercial Union Assurance Co
William St
Darbyshire
Frederic V
Crosby
Colorado and Southern Railway Company
Jas. Steuart Mackie
Chatham
United Fruit Company
the Mechanics’ National Bank
State OF New York
State Comptroller’s Office
Albany, N.Y
Great Empire State
Albany
Comptroller
Martin H. Glynn
S.ate Comptroller
Albany, N
Union Pace
Rairoad
Compan
Alex. Millar
National Bes Company
National Railroad Company OF Mexico
E. E. Bashford
Notich
Oregon Short Line Hrailroad CO
Oregon Short Line Railroad Co
NEW York Importation Company
West 24Th St
Borough of Manhattan
Walter Gibbs Murphy
H.R. Woodward
Keokuk and Des Moines Railway Co
Keokuk and Des Moines Railway Company
Des Moines
Iown
Robert Mather
G T, Boggs