Wall Street Traders Eye Mixed Market Tone and Rumors
A Chicago market overview notes leaders lagging while Hill issues and Rock Island rise in activity. Traders split between long and short bets with uptown specialists seen as more cautious and rumors of rallies affecting Rock Island and Union Pacific guiding sentiment.
MENTIONED IN THIS ARTICLE
Union Pacific
Southern Pacific
Rock Island
Financial District
Rock Island Frisco finances improve as notes near due date
Banking sources report Rock Island and Frisco systems have completed three bond transactions and tightened cash positions. Additional deals are under way, including provision for the Frisco 7.1 million dollar note due December 1. Wall Street sees stronger securities and improving traffic on the lines.
MENTIONED IN THIS ARTICLE
Rock Island
Speyer & Co
Chicago
Rock Island & Pacific
Rock Island- Frisco
Wall Street
Rock Island Common
Rock Island-Frisco Securities
Frisco
Railway accounting committee proposes new depreciation plan
The American Railway Association committee led by F A Delano submits a circular report criticizing the Interstate Commerce Commission depreciation scheme as arbitrary and urging a new method. The group favors charging replacement costs to operating expenses and possibly changing the renewal account, gathering railroad input to influence regulation. Members include W C Brown John P Green Daniel Willard and Robert Mather.
MENTIONED IN THIS ARTICLE
American Railway Association
F. A. Delano
Inter-State Commerce Commission
Delano Committee
Mr. Delano
W. C Brown
John P. Green
Daniel Willard
Robert Mather
National Banks to Report Condition Call Issued
Washington reports the Controller of the Currency has issued a call for the condition of National banks. Banks must report their condition as of the close of business September 23.
MENTIONED IN THIS ARTICLE
Washington
Conditions of Trade Outlook Signals Mixed Business Tone
Dun's Review reports varied conditions with Fall retail demand high temperatures dampening volumes while manufacturing extends operation. Lumber and timber losses from fires, cotton markets unsettled by Lancashire labor troubles, railways and port exports down, bank reserves heavy, and stock activity drawing funds as exchanges rise in New York.
MENTIONED IN THIS ARTICLE
Dun
Lancashire
New York
Treasury shows reserve fund and liabilities in early day report
Washington reports Treasury at day start with reserve fund of 150 million in gold coin and bullion and current liabilities of about 115.7 million. Redeemable certificates awaiting reimbursement and deposits in national banks are listed, along with Philippine Treasury balance of about 4.19 million.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Jose Oc
Aes
Consolidated Stock change in Fitchburg elected members
Lawrence of Fitchburg Mass report elected members of the Consolidated Stock change. The Vandalia Railroad seeks listing of 3 million dollars in refunding mortgage bonds. A J Houston named manager of Du Val Greer Co Broadway. Central Railroad of New Jersey directors re elected at Jersey City meeting. Sheriff attachment issued against Mitchell Mining Co for 57291 in favor of Frederick Cuthbertson served on John J Cs Vices and Holbrook Bonney claim.
MENTIONED IN THIS ARTICLE
Lawrence
Fitchburg
Mass
Consolidated Stockchange
Vandalia Railroad Company
The
Stock Exchange
A. J. Houston
Willard H. Jones & Co
du Val, Greer & Co
Broadway
Central Railroad of New Jersey
Morse Line to Bid in Receiver Auction by Syndicate
The Morse line property owned by the Eastern Steamship Company will be bid on by a Maine and Boston New York backed syndicate led by Gov. Cobb. They have tied funds to cover the company s 1 2 million in debts and plan to reorganize with about 2 million in new stock if price is right. C W Morse has not commented on competing for the purchase.
MENTIONED IN THIS ARTICLE
Eastern Steamship Company
Morse
Consolidated Steamship Lines
Maine
Gov. Cobb
Boston
New York
C. W. Morse
European markets steady amid improved tone on Sept 25
London bonds and stocks showed moderate demand with gains in Home rails and gilt edged securities. Kaffir accounts remained large while foreigners and Kaffirs weakened in Paris trading. Copper shares rose with metal. bar silver held at 23 13 16d. Money at 4 1/2 percent. discounts quoted for short and three month bills. Paris closed firm on Morocco worries. Berlin Boerse quiet with prices steady.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Paris
Wall Street
Continent
New York
Closing quotations on Colorado Springs Exchange
Local exchange quotes list bids and asks for several stocks and commodities including Acacia Dante Elkton Portland El Paso Vindicator McKinney Gold Dollar and Rawlings with varying bid and ask figures. The report notes closing prices for September 23 and includes minor irregularities in the OCR data.
MENTIONED IN THIS ARTICLE
New York Times
Colorado Springs
Col
Acacia
Dante
Isabella Vee
Dr. Jackpot
McKinney
Elkton
Portland
el Paso
Rawlings
Public Service Commission orders inquiry into Buffalo firm
The Public Service Commission in the Second District served the Economic Power and Construction Company of Buffalo with an order to produce all books and papers for a public hearing in Albany on September 29. The company contends it may exercise electric corporation powers anywhere in the Second District without PSC approval.
MENTIONED IN THIS ARTICLE
Albany
Economic Power and Construction Company
Buffalo
Public Service Commission
Apherican Knitting Machine Co
S. Mexican Knitting Machine Co
St. Paul
Manhattan Trust Co
Merchants’ National Bank
Oswego & Syracuse R. R. Co
Phenix National Bank
New,York Produce Exchange Bank
N.Y. Transportation Co
Empire State Surety Co
Green-Median Mining Co. Limited
Twin Lakes Association
United Schutzen Association
Castor Oil Tablet Co
Frisco-Santa Fe -Land and
Vv. Co
Julia
Dunkles
United Breweries Co. of
Chicago
Pittsburg, Westmoreland & Somerset R. R. Co
West Virginia- Midland R. R. Co
Nathan Goldstein
Mttge
Avenue BR
Central Brewing Co
Rush Terminal Co
City Investing Co
Tennessee Coal & Iron Co
Magnesia Co. of America
United States Packing Co. Common
Lafayette Trust Co
Broadway Trust Co
United States Steel Corp
American Surety Co
American Exchange Natl. Bank
National Park Bank
National Bank of Coremerce
Merchants’ Natl
Hank
National Bank of North America
Guardian Trust Co
Field & Beattie Lithographing. Co
Tuscan Natatorium
Louisville
Henderson & St. Louis
N. J
Joseph Dixon Crucible Co
Hudson County Gas Co
Public Service Corporation of
Bradstreet Reports Week of Failures Across U S and Canada
Bradstreet notes 267 business failures in the United States this week, 268 last week, with yearly comparisons 166 165 185 and 179 for 1907 to 1904. Regional totals show Middle States 98 New England 21 Southern 62 Western 52 Northwestern 14 Far Western 20 Territories 0. Canada shows 32 versus 25 prior week. About 87 per cent of failing concerns had capital of 5 000 or less and 7 per cent from 9 000 to 20 000.
MENTIONED IN THIS ARTICLE
Bradstreet
United States
Middle States
New England
Southern
Western
Northwestern
Far Western
Territories
Canada
Public Hearing On Street Railway Wires Delayed
Outside a public hearing on the New York Westchester and Boston Railway overhead trolley wire proposal the Board of Estimate meeting yielded little interest. The application was referred to the Corporation Counsel as the road seeks three more years to finish construction work.
MENTIONED IN THIS ARTICLE
New York, Westchester & Boston Railway
Board of Estimate
Loving Cup Presented to Longtime Stock Exchange Broker
Associates of Robert K. White on the Stock Exchange presented a loving cup to the retiring broker yesterday after he sold his seat and ends thirty nine years of active membership.
MENTIONED IN THIS ARTICLE
R. K. White
Robert K. White
Stock Exchange
Hill Attacks Bank Guarantee in Nebraska Convention
At the Nebraska Bankers Convention in Lincoln on Sept 25 James J. Hill, chairman of the Great Northern, assailed the bank guarantee scheme and warned that frequent new regulations cripple business. Prof James L Laughlin of the University of Chicago ridiculed absolute certainty in guarantee plans.
MENTIONED IN THIS ARTICLE
Lincoln, Neb
James J. Hill
Great Northern Railroad
James Lawrence Laughlin
University of Chicago
Nebraska Bankers’ Convention
Hill
McLaughlin
Coffee losses under review by New York Dock Company
The New York Dock Company has conducted an exhaustive examination of its books to verify rumors of disappeared coffee in transit. Findings will be submitted to the Coffee Exchange. The company handles extensive wharfage on the Brooklyn waterfront with hundreds of thousands of dollars of coffee monthly. Supt. Carr has raised loss charges, and details remain pending the Audit Company report.
MENTIONED IN THIS ARTICLE
New York Dock Company
Coffee Exchange
Brooklyn
Carr
Henry E. Nitchie
New York Firms Form To See Growth In Capital Ventures
Albany notes list multiple incorporations across New York and Brooklyn including Borough Development Company Brooklyn with 300000 capital. Freeport Country Club 100000. Arc Lamp Company of America 100000. Long Beach Recreation Chair Company 50000. New York Dyna Battery Company. Dundee Brass Manufacturing in Dundee. Investors Long Island Realty Company. Hyman Kaplan & Co.. Twenty second Assembly District Republican Club Home Builders Association of Kings County. Joseph Rachlin Company. Cohen Kass Company. Elvier Realty Company. Lenox Holding Company. Emelie S Clarke Company. William F Kenney Company. A John Meehan & Co.. Cohen Cloak and Suit Company. The B Light Company. Eastern Spiritual Temple of Sciences among others.
MENTIONED IN THIS ARTICLE
Borough Development Company
Brooklyn
Capital
William F. Donovan
Frank D. Creamer
Court Street
Charles Crawford
Foster Avenue
East Sixteenth Street
Freeport Country Club
Freeport
L. I
George W. Crater, Jr
Box
New York
Willian
Gremler
Montague Street
Arthur Wilson
the Arc Lamp Company of America
Edward Brich
Seventeenth Street
George S. Jacob
Liberty Street
Robert S. Kennedy
West 151St Street
Schmachtenberg Brothers
A Capital
William Schmachtenberg
Adele Schmachtenberg
M. Henry Schmachtenberg
Rutland Road
Long Beach Recreation Chair Company
Stanley Johnson
Thomas J. Good
Clarence C. Jones
Fifth Avenue
Henry Ferrando
West Ninety-seventh Street
Alberto Ferrando
170Th Street
T. Dewitt Beekman
Pundee
N. Y
Long Island Realty Company
William Taylor
Vanderbilt Avenue
Samuel J. O'Keefe
Lake Street
White Plains
Westchester County
Arnold S. Wainwright
West 111Th Street
Hyman Kaplan & Co
Hyman Kaplan
East Fighty-ninth Street
Israel Sunkin
Lexington Avenue
Philip Kaplan
Osborne Street
Twenty-second
Assembly District
Republican Club
Home Builders' Association of
Kings County
Jacob A. Livingston
Pitkin Avenue
Thomas Livingston
Norwood Avenue
Fhinehard HW. Pforr
Chauncey Street
Joseph Rachlin Company
Joseph Rachlin
Gussie Rachlin
Isidor Abel
Grand Street
Cohen-Kass Company
Max Kass
Harrison Avenue
Samuel Cohen
Quincy Street
Edward E. Rosenblume
Greene Avenue
Elvier Realty Company
Lewis V. la Velle
Nellie A. la Velle
East 187Th Street
Martha C. Lapeney
Jennings Street
Lenox Holding Company
Broadway
David D. Deutsch
East Fourth Street
Alanson
P. White
East Orange
N. J
Emelie S. Clarke
Erwin D. Frazer
Frankfort
Herkimer County
William F. Kenney
Benjamin Frenchman
Nellie Frenchman
Alexander Frenchman
Boston Road
Trade Upbeat as Election Nears, Merchants Say
A Dry Goods trade survey reports rising business confidence across the mercantile sector. Key figures like John Wanamaker, Peter B. Worrall, and John W. Beach voice optimism on tariffs, bank lending, and stock freshening while noting mixed results in manufacturing regions.
MENTIONED IN THIS ARTICLE
John Wanamaker
Peter B. Worrall
John W. Beach
Tefft, Weller & Co
United States
New York
Philadelphia
Chicago
Cotton Market Surges After Early Dip On Weak English Trade
The cotton market closed with a 4.7 point net gain after a morning decline, with sales at 125000 bales. London and Manchester labor strife pressured prices while a West Indian cyclone aided the rise. Port receipts total 681221 bales, with Southern mills taking 95000 and stocks in interior towns rising to 94593.
MENTIONED IN THIS ARTICLE
Manchester
New York Cotton Exchange
Canada
Weather forecast for cotton and grain states weekend
The United States Weather Bureau forecast Saturday and Sunday conditions across the cotton and grain states. It lists fair weather in North and South Carolina, varied showers and cooler spells in Georgia, Alabama, Florida, Mississippi, Louisiana, Texas, Oklahoma, Arkansas, Tennessee, Indiana, Illinois, Michigan, Wisconsin, Iowa, Missouri, Minnesota, North and South Dakota, and Kansas with regional details and changes through Sunday. It also notes the Wisconsin Central syndicate has dissolved after paying off a 2005 loan.
MENTIONED IN THIS ARTICLE
New York Times
Washington
United States Weather Bureau
North Carolina
South Carolina
Georgia
Alabama
Florida
Mississippi
Louisiana
Texas
Oklahoma
Arkansas
Tennessee
Indiana
Illinois
Lower
Michigan
Upper
Wisconsin
Iowa
Missouri
Minnesota
North Dakota
South Dakota
Nepenshg
Kansas
Wisconsin Central
Almirall Submits Plans for Bellevue Hospital Tuber Cerculosis Building
Raymond F. Almirall, architect for the Trustees of Bellevue and Allied Hospitals, filed plans for a new tuberculosis hospital on Blackwell's Island. The design calls for a 21 foot length, an extension, and a four story structure with spacious verandas around each floor.
MENTIONED IN THIS ARTICLE
Raymond F. Almirall
Trustees of
Bellevue and Allied Hospitals
Blackwell's Island
Continental Trust and United Breweries Receipts Reported
Fragmentary notes mention Continental Trust Co United Breweries Co N W receipts for Chicago stock and a common value around 7 dollars in 1965. The text is incomplete but lists corporate names and a monetary reference.
MENTIONED IN THIS ARTICLE
Unitec Stock
Continental Trust Co
United Breweries Co
Unclear figures surface in fragmented financial input
Fragmentary numeric string shows large sums and codes without context or names. No identifiable people or organizations are readable. The OCR lacks context to form a proper news item or concrete event.
Annual Meeting Notices For Various Companies
Stockholders are summoned to annual meetings at dates in September and October 1908. Sears Roebuck Co. notifies noon meeting at 438 Broadway New York. stock transfer books hold from Sept 18 to Sept 23 1908. Illinois Central discloses August meeting details and transfer book closures around late September 1908.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Richard Trimble
Broadway
New York
Union Pacific Railroad Company
Salt Lake City
Utah
Equitable ‘Trust Company of
Comepany
Ompany
Sant
Como
Alortrage
LMT
Railroyd
Frantiss
Scullmoade and
Westru Ratron Company
Noto Wteau Ambed
Wits Rt
Sfars
Rorbuck & Co
Sears Roretck & CO
Broadwayv
New York City
Mornay
A. HW. Loeg
Illinois Central Railronad Company
Aunust
Inc
Thursdy
Fecretary
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Exchange
Cash
Cember
Commerce Commission
Pittsburg Stock Market
Pittsburg
Caer
Crucble Steel
Harrison Walker
Independent Browing
Saan
Pittsburg Brewing Pf
Pittsburg Consolidated
Westingh
Westinghouse
the Treasury Balances
Financial Notes
Morse Line
Reutes
Morocco
Berlin
Foreign Public Securities
Eeebee
Saxony
Hamburg
City of Berlin
City of
Cologne
HOU
Munich
Augsburg
City of Vienna
French Rente
Cpe
Eae Sas Cele Sa Care
Nas
Long N.Y
Atchison
Erie
Louis. & Nash
N.Y
Union
U S Steel
Pacs Steel
Esperanza
Doloreswarts
Stratton’s Ind
San Francisco
Alta
Hale & Norcross
Kentucky
Belcher
Best & Beicher
Ophir
Sy Oopneternte
Caledonia Seaeeee
Overman
Potosi
Seer Rerose
Chollar
Gould & Curry
Tonopah
Goldfield Con. M
Belmont
Jim Butler
Kendall
McNamara
Lone Star
Midway
Montana
Mohawk
North Star
Red Hills
West Snd
St. Ives Fees
Adam Wene
Bullfrog
Atlanta
Eceneene
Colorado
Westchester Road
J. J. Hill
Great Northern
Laughlin
Peter B Worrall
Fred Butterfield & Co
Times
Congress
Te Eessant R
BSR Ratarhs
Dare Ae Daecae's
Gulf
Mobile
Savannah
Charleston
Norfolk
Augusta
Orleans
Memphis
Houston
Bates
Galveston
Cotton States
Wisconsin Central Syndicate
the Farmers’ Loan and Trust Company
William Street
Bishopegate St. Within
Boulevard Haussmasa
Iw J. McCormack
Oakland
Adrian H. Muller & Son
William ST
Exton
N.W
Fe Depositries Co
NEW Jersey Banks
First National Bank
Jersey City
Skieibevatoenss
Edward F. C. Young
Geo. T. Smith
EDWARD_ I. EDWARDS
Chatham
National Bank
Board of Directors
Garfield National Bank
Ww. L. Douglass
Philadelphia Company
Treasury Department
Pittsburgh
J. Braun, Jr
Fourth National Bank OF
City OF New York
Proximo
Charles H. Patterson
Hangover National Bank OF
Elmer FE. Whittaker
United Gas Improvement Company
N. W.cor
Broad and Arch Streets
Lewis Lillie
Market and
Fulton National Bank
T. J. Stevens
Minneapolis & ST. Louis Railroad CO
Pacific Extension
Broad Street
F. H. Davis
Union Pacific Railroad Company Annual Meeting
Alex. Mitt
For Liberty
Martine
Eadit Porperation
Vurecters
Jevegrar
Reports OF National Banks
Merchants National Bank
U.S
Barkinus” Furniture
Teen Reese Tae
Reese
Nationalsbanka
Beentéy
Nick
Els
Bariheesz
PSO
WUS
Harks “Gyne Ee
Ani
Etek
New Yae
Josep Byrne
Byrne
Ines S
Thomas Fairservis
Notary Pubdits
Fanet
M. Gallaway
Siretav At “Schwab
Joseph W. Harriman
the Market and
York
T.oane
Investme
Panks Ami Ff
Scheere
Total
Ts Stevens
J. Ly Carr
Phila
Walter G. Denderson
Trace