Erie Plan Criticised Amid Financing Debate
In Wall Street the Erie Railroad plan to exchange old short term notes for new three year 6 percent bonds drew divided opinion. Traders noted Harriman interests hold some old notes and that the plan hinges on exchanging $5.5 million of notes. Market reaction was tepid with frugal volumes and mixed stock movements while Erie bonds showed strength.
MENTIONED IN THIS ARTICLE
Erie Railroad Company
Wall Street
J. P. Merean & Co
F E. H. Harriman
Harriman
Morgan
Erie
Saturdey
New York
Judgment Filed Against Archibald Haines Overdue Debt
A judgment for 351 dollars was filed yesterday against Archibald Haines former president of Mutual Reserve Life Insurance Company by Edward Morean. Haines acknowledged the judgment saying it was just and he may enter bankruptcy after financial difficulties since his split with Equitable Life Assurance Society. He also faces a $100,000 suit against Equitable.
MENTIONED IN THIS ARTICLE
Archibald ©. Haines
Mutual Reserve Life Insurance Company
Edward Morean
Haynes
Equitable Life Assurance Society
Stock Exchange to Reinstates Gross and Kleeberg Firm
It was announced yesterday that the stock exchange firm Gross and Kleeberg, suspended last October over the Heinze corner in United Copper stock, will be reinstated to good standing. The firm has paid all its indebtedness to Block Exchange members.
MENTIONED IN THIS ARTICLE
Stock Exchange
Gross & Kleeberg
Heinze
United Copper
Sven
Telegraphic Business Notes. Illinois Central stock fight and steel inspection trip
Chicago reports President Harahan of the Illinois Central denied relief to halt voting of 281 231 shares by New York corporations. William E. Corer of United States Steel arrives from New York with Carnegie Steel officials for a Birmingham inspection. Alabama Great Southern Railroad faces state railroad commission questions over an unpermitted train move. Homestead Steel Works resumes open hearth and mill work with six hundred more workers hired. Tacoma Axle Works to reopen departments tomorrow.
MENTIONED IN THIS ARTICLE
Chicago
Harahan
Tilinois Central Railroad Company
Henry W. Leman
Tilinois Central Company
New York
Leman
Pittshore
William E. Corer
United States St. ¢l Corporation
Trion Station
Marnegie Steel Company
Birmingham
Ala
Montgomery
Gadsden
Chattanooga
Market Collapse Sways Cotton and Grains Amid Weather News
The cotton market closed quieter with a net decline after unsettled trade reports, better southern weather, and expected wage cuts in New England. Prices slipped with May near 9.49 and July at 9.56, touching daily lows as liquidation and limited demand dominated, while spot markets showed mixed but generally softer signals across Southern hubs.
MENTIONED IN THIS ARTICLE
New England
Liverpool
Barcelona
Augsburg
Bavaria
Germany
New Orleans
Augusta Steddy
Little Rock
St. Louis
Houston
Galveston
Wailmington
Memphis
Manchester
New York Produce Exchange
Chicago
Alocai Tocus
Northwestern
Canadian
Mts
Winniper
G Navigation
Omhall
Coffee Market Quiet as New York Reports Mixed Trade
The New York coffee market stayed quiet with slight declines in futures and steady to weaker European prices. Brazilian ports Santos and Jundiahy showed mixed receipts and demand while Rio and Santos shipments and Bahia movement remained uneven as weather and global markets influenced activity.
MENTIONED IN THIS ARTICLE
New York
Havre P Se
Hamburg
Santos
Jundiahy
Rio
Rio Desian
Ned
Europe
Santor Clear Sey
United States
Steck
Yukon Stock Campaign Statement Deferred
The issuer postpones a March 28 statement on distributing 700 000 Yukon shares. He asserts shares sold benefited thousands of investors, at least par value per share to the treasury, and that Yukon stock is worth twice its cost with potential to double again. He urges purchase and cites safety of the investment despite rumors, promising to publish further statements during an upcoming market campaign.
MENTIONED IN THIS ARTICLE
Yukon
Erie Railroad Company
Public Service Commission
Public Service
Charles Steele
George F. Baker
Edward H. Harriman
Local sugar market reports a weak close with mixed prices
Market notes raw sugar offered at concessions with prices largely unchanged yet some bids declined. Analysts expect Tuesday Cab reports to possibly show bullish stats and London to rise slightly, which might halt the local downward trend. Prices listed include 4.26c for centrifugal 8 test and 3.61c for muscovade SP test sugar.
MENTIONED IN THIS ARTICLE
London
B.s.c
New York Market Reports Mixed Prices for Beans and Cheese
Rates for beans and peas showed dull trade with some foreign stock. cheese and creamery products remained firm with limited demand. Hogs, poultry, and eggs moved in modest volume as markets balanced supply and seasonal demand, while fruits and vegetables displayed varied activity across berries, citrus, and leafy greens.
MENTIONED IN THIS ARTICLE
New York
Denal
West
Ted. Kidney
California
Bush
Ecelpis
Crear
Sylke
Liverpool
State
Pacific Coast
Pacific State
Brotlers
Philadelphia
Pennsylvania
Bermuda
Maryland
Inia
Scrvania
Western
de Holland
Jersey
Railroad Earnings Across Major Lines in 1907 1908 Reports
The report lists earnings and miles for lines including Chicago Indianapolis and Louisville, Detroit Mackinac, Duluth South Shore and Atlantic, Grand Trunk, Georgia Southern and Florida, Minneapolis St Paul and Sault Ste Marie, Missouri Pacific, Southern, Texas and Pacific, Toledo Peoria and Western, Toledo St Louis and Western, Win City Rapid Transit, Atlanta Birmingham and Atlantic, and others. It details gross earnings, expenses, net earnings, and mileage figures for periods ending March 31 and February, with annual summaries and various entitlements.
MENTIONED IN THIS ARTICLE
Chicago
Indianapolis
Louisville
Detroit & Mackinac
Duluth
South Shore
Atlantic
Grand Trunk System
Georgia Southern & Florida
Minneapolis
ST. Paul & Sault Ste. Marie
Missouri Pacific
Central Branch
Nicof
Assass A
Sa Fe
Southern
Texas & Pacific
Toledo, Peoria & Western
Toledo
ST. Louis
Western
Maren
WIN City Rapid Transit
Atlanta
Birmingham
Allegheny Valley
Leorlose
Deficit Reported For Western New York and Pennsylvania
Financial summary shows gross earnings for the year ending December 31 with totals in the millions. Net earnings and charges and taxes are listed alongside operating expenses and expenditures. Previous deficits are noted, with total deficits for the period recorded.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Shere Nag
Rio Tinto Mining Company
Saise
Bush Terminal
Irving T. Bush
Also Mentioned on This Page
Street
A. C. Haynes
Telegraphic Business Notes
Uct
Standard
Cleveland
Sis
Northern
Sic
Calcutta
Kansas City
Omaha
India
City
Middle West
Stax
South America
Ile
Tse Steahine
Booth
Patna
Rangoon
Bassingh
TGAR
York
Fieur
Hhdas
Bates
Coton, Bates
Chile
General Market Report
Fair Financ
Thomas W. Lawson
Boston
Country Produce Markets
Es . Ney
King
Spitzenberg
Northern Spy
Baldwin
Roxbury
Cape Cod
Charleston
Florida
Norfolk
South Carolina
Escarole
Horseradish
North Carolina
eTrc
Orange County
Oka
Georgia
Curly
Genatieston
Gsi- Sans
Canada
Long Island
Timothy
Allike
NEW York Central Lines
Andrew A
ORM
wR _ Aneiioneer
Adrian Fh. Muller
SOK
Dubith & Irom Range
AE Chica
Northweaters
Rock Island
Pacific
R. RL
Illinois Central BR. R. Co
New Orleers
P. c
Vicksburg
Shreeveport & Pacific RP. BR. Co
Fitme & Pere Marquette BR. Co
Port Murop
P. c. Gold Bae
Stoss Irom & Steel Co
P. c. Gon Bas
Texas Company
Guannacevi Tunnel Co
de Lamar Gold Mining Properties Syndicate Pareticipation
American Exchange Natl
Bank
Ern Exchange Bank
Bank of North America
Terminal Bank of Philyn
Roanoke Cotton Mill Cn
Ste. Frank
N. B
Wells-Fargo & Cb
Martin Electric R. R. & Lighting Co
Aseo
Lake Shore & Michigan Souther
Lake Eric & Western
Ares Rr
Indiana
Souther
Enacrees
Inc
Chicago & St. Louis
Michigan Central
Arene
van Sneresans Eae
Cincinnati
Andias
Peoria & Eastern
Fev
Pittsburg
Lake Erle
Seer
Rutland
Meath
OS Inc
THE
J. P. Morgan & CO
J. Thomas Reinhardt
Exchange P
Boston, Mass
Broad St., N. Y
Rio Tinto
Bush Terminals
St & Tr
Jackson Gas
Lafay
Ingham
Bet
Buffalo Gas
Ohio
Ind
Paterson
Denver
Paul Gas
Ince cd
In&itgcin
In¢ianapolis Gas
Syra Lt & P
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