Lake Shore & Michigan Southern Meeting Notice
Lake Shore and Michigan Southern announces transfer of books on Tuesday. A regular meeting will be held and reopened Thursday. Charles F. Ox. is referenced in the notice.
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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Apr 03, 1908
Page
13
Lake Shore and Michigan Southern announces transfer of books on Tuesday. A regular meeting will be held and reopened Thursday. Charles F. Ox. is referenced in the notice.
London shows a decline of 1 684 000 in total, with circulation up 3 000 and bullion down 21 040 000. Public deposits fall 1 742 000 and government securities drop 2 423. France records note issuance up 151 875 000 francs and bills discounted at 260 620 006 francs. Berlin reports a 12 4 mark decline in cash on hand.
Trading activity shows a smaller volume and unchanged money conditions as investors absorb uncertainty over easing. Closing stock prices list several names with fractional changes including Allis-Chalmers, Pressed Steel Car, Southern Pacific, Southern Railway, and Consol Gas, while bond quotes and year to date receipts and expenditures are reported. The Sub-Treasury shows a debit to the Clearing House of 1 760 185.
The report outlines money market rates for mercantile paper and treasury funds, foreign exchange quotes for sterling francs and marks, domestic exchange, bank clearings, and precious metals. It notes slight rate movements and ongoing balance updates for government receipts and expenditures.
A brief item notes 464.865 total sales for the listed unconstrained curb stock activity, highlighting overall market movement and investor interest in the segment.
A report outlines a charter involving Executor Chartered 1322 and a PABIS noting 18 Bibe Bee 73 Bue d Richelieu. It discusses Bills of Exchange and Cable Transfers with references to Croll and related financial instruments.
The stock market drifted on Erie Railroad note prospects for 5.5 million dollars due next Wednesday. Early weakness gave way to limited strength before an Erie board meeting caused a late pullback with irregular prices. Copper stocks rose on metal prices while call money stayed heavy and reserve funds remained ample.
Yesterday's bond market closed with quotes holding near Wednesday levels across key issues. Government securities showed little change, with modest shifts in yield for short and long durations as investors awaited fresh economic data.
London April 2 4 np m The market for American securities was irregular. Final prices show mixed results with US and UK listings indicating slight gains and losses across key issues. Foreign money rates and exchange figures also noted, including call and long bill discounts and Paris and Berlin rates.
Outside securities traded with mixed strength and weakness as higher priced mining stocks fluctuated. Goldfield and Tonopah firms advanced while Yukon Gold fell. several issues moved 1 to 2 points higher on buying demand.
Market activity showed dull and irregular trading with United States Steel and Erie among notable movers. Dividends were declared by Northern Pacific Railway, New York Produce Exchange Bank, and United States Rubber, while copper prices fell on the New York Metal Exchange. Atlantic City bonds and exchange activity featured renewals, with Fisk and Robins cautioning on political and crop factors influencing business prospects.
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