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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Apr 06, 1908
Page
13
Notice of election of members of the board of directors of the New York Life Insurance Company Home Office New York City. Meeting set for April, with hours specified and secretary John C. McAll announcing regulations under insurance law.
The National Lead Company reports fiscal year ending December 31, 1907 net earnings of 2 952 245 39, up 442 613 23 from 1906, with total surplus rising to 4 294 204 25 after dividends. Assets total 45 733 719, liabilities 45 735 719, and stockholders receive substantial cash dividends totaling 2 686 863 50. President L A Cole notes optimistic outlook amid record volume and expanding stock distribution despite recent plant repairs and a 12 percent market shrinkage earlier, with 5 566 dividend checks issued.
The stock market waned with a large Erie Railroad note issue looming. Directors released a plan to avert receivership by exchanging old notes for new six percent secured obligations, potentially saving the railroad though strict acceptance by noteholders is required.
A dense ledger of weekly curb transactions lists numerous mining firms and stock figures. Among names are Mines Co of Am, Mitchell Boston Copper, British Co Butte, Goldfield Consolidated, Union Mines, Yukon Gold, and Dominion Codes with varied last prices and bid asks.
A dense list of bond issues and yields across US and foreign govts, corporations, and municipal issues. The entry notes prices, rates, and maturities for many bonds including US Treasuries, Mexican, Japanese, and Canadian issues, along with exchanges and performance indicators. The document reflects a wide spectrum of fixed income securities traded or quoted.
A historic table of last week’s stock activity shows changes in shares, final and year highs and lows, and April 6 1907 closing marks. Major rails and utilities including Amalgamated Copper American Sugar and Pennsylvania Railroad report varied weekly moves amid broad market shifts.
The Farmers' Loan and Trust Company presents Letters of Credit Bills of Exchange and Cable Transfers. Branch offices listed at 475 Fifth Avenue New York and Nos 16 18 20 22 William Street. London and Paris addresses appear as 18 Bishopsgate St and 78 Rue de Richelieu.
The ad emphasizes that the depositor’s guarantee is large in proportion to deposits, backed by capital and surplus. It also credits conservative management as a core feature of the institution’s financial strength and stability.
Receipts for the week show cattle 4 228 head sheep and lambs 7 84% hogs 5 0 calves 516 beef cattle steady to high marked by mixed prices. Cows steadier with range from 3 0 to 4 50. Calves steady 5 50 to 7 50. Sheep and lambs steady with ewes and fat stock pricing listed. markets show varied but steady demand and rounding figures.
Fragment cites cities Boston Philadelphia Baltimore Atlanta Pittshbure St. Louis San Fre and surrounding context unclear due to halting OCR text. No clear event or outcome discernible.
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