Banks Suc 491050 1648000 2444508 01 1582565
Financial figures show bank succcess with multiple large balances including 491050 1648000 and 2444508 01 1582565 and 21031000 noted in the record.
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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Apr 04, 1908
Page
4
Financial figures show bank succcess with multiple large balances including 491050 1648000 and 2444508 01 1582565 and 21031000 noted in the record.
New York dividend notices list stockholders of record at year end and payment dates. AMER-LOCOMOTIVE COMPANY announces stockholders of record as of December 31 and a capital stock payment schedule. THOMPSON-STARRETT COMPANY reports preferred and common dividends with payment due May 15.
A reform committee for the Brooklyn Ferry Company reports nearly six million of its first consolidated mortgage bonds have been deposited, part of six million five hundred ninety thousand outstanding. A stockholders’ group backs a New York Terminal Company which will issue six percent income collateral trust bonds to secure all Brooklyn Ferry bonds under a collateral trust with Knickerbocker Trust as trustee, replacing present bonds with new income bonds.
The document lists earnings and expenses for several railroads during February and partial periods, including BUFFALO RO & PITTSBURG, INTEROCEANIC OF MEXIC, MEXICAN INTERNATIONAL, NATIONAL OF MEXICO, and HIDALGO & N. It shows gross earnings, operating expenses, and net earnings for the month of February and for periods such as July 1 to February 2, with totals in dollars and miles where provided.
Closing stock prices show broad weakness as a delayed Erie meeting unsettles markets. Notable entries include Am Sugar, New York Central, Canadian Pacific, Northern Pacific, and Pacific Mail in mixed moves, with government receipts and sub Treasury results also reported.
Erie dominated trading as the stock market opened near prior close and rose on hopes a note extension would be arranged. When the meeting was again postponed, prices fell with thin volume and most issues finishing lower. United States Steel and other majors weakened while cash in banks rose about 16 million, boosting the weekly reserve outlook.
The money market opened with call money at 1 percent and intraday highs around 2 percent with last loan at 2 percent. Shorter maturities saw offerings remain liberal but demand eased as rates fell. Domestic exchange firm early with cables near 4.85 to 4.87 per dollar and sterling around 4.86 to 4.87, with later declines. Bank clearings cited for New York, Chicago, Baltimore, Boston, Philadelphia, and others. Silver market noted with miscellaneous pricing.
Unfisted stock market listing notes trading activity on Consolidated Exchange with focus on railroad shares and other issues. No further details provided in readable text.
Market for outside securities shows subdued activity with about six mining stocks moving modestly. United Copper climbs then slips after news that new interests gained Heinze stock control. other miners like Micmac Mining and Guggenheim Exploration rise while Nevada Consolidated and Norton firms hold near previous levels. Bond activity includes Allis-Chalmers 5s down and Consolidated Steamship 4s sold on loan closure. Erie notes fall.
Foreign houses show 41 cents in this market with 5000 shares traded on the buy side. Copper quotations lower, bradstreet notes a quiet trade, currency movement mixed as interior banks send funds to Washington. German loan subscriptions open April 14, and Cotton Exchange names officers. grain exports and corporate reorganizations noted.
Yesterday’s government bond quotes show bids and asks for U S 2s 1968 and 1925 issues, U S 8s 1968, and Panama Canal 3s with registered status. Prices range around 100 to 104 plus percent, with various yields and coupon notes reflected in the day’s screen.
London reports a mixed close for American securities with gains in some issues and declines in others. Notable items include Atchison Topeka and Santa Fe Pacific routes and United States Steel among several rails and industrials, while foreign money rates show call money at 2 1/2 percent and Berlin Paris discount and exchange rates listed for reference.
Imports and marketings of dry goods this week with comparisons. Total imports and total marketings for the week are noted.
Fragmentary OCR text lists German sire and Bavarian gow references with numbers and letters. The content lacks coherent events or names to form a factual summary with clear entities.
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