Erie Railroad settlement brings relief to Wall Street
The Erie affair is tentatively settled with old discount notes paid in cash or exchanged for new 6 percent secured notes and 5 percent cash. Markets react with strength in Erie securities and a rebound across bonds as Harriman finances the exchange plan to avert a clash with holdouts and protect Union Pacific interests.
MENTIONED IN THIS ARTICLE
Wall Street
Erie Railroad Company
Erie
Edward H. Harriman
J. P. Morgan & Co
Morse's Methods Expounded By Atwood On Morse Policy
Albert W. Atwood of The New York Press spoke to NYU School of Commerce about Charles W Morse and his steamship combine. He praised Morse for buying lines outright at fair prices, denying aggressive rate slashing, and using substantial cash resources to build a large, efficient fleet in a short period.
MENTIONED IN THIS ARTICLE
Albert W. Atwood
New York Press
New York University School of Commerce
Charles W. Morse
Atwood
Morse
Ting
Westinghouse stockholders urged to subscribe for new stock
The stockholders' committee of Westinghouse Electric and Manufacturing urges members to subscribe to their pro rata share of new stock under a plan by the merchandise creditor committee. It argues that rapid expansion left debt high and a debt reduction via new stock could end receivership, but only if stockholders subscribe promptly. failure would force a forced liquidation harming investors.
MENTIONED IN THIS ARTICLE
Westinghouse Electric and Manufacturing Company
Tata
Grand Trunk directors clash over mismanagement report
At the London Canada based Grand Trunk Railway semi annual meeting, directors faced heated charges of mismanagement. Sir Charles Rivers Wilson apologized for a financially unsatisfactory report amid shareholder calls for reform, a committee model rejected as insane.
MENTIONED IN THIS ARTICLE
London
Grand Trunk Railway
Canada
Directors of the Road
Charles Rivers Wilson
Sir Charles
Grand Trunk
Ogether
Montreal
Fidelity Trust Shows Increase in Deposits in 1997 Report
Fidelity Trust Company of New York reported to the State Banking Department on March 5, 168 that total resources reached 5 401 387 30 with deposits at 5 792 255 an increase of about 4896 over December 19 1997. The banking operation began May 22 199.
MENTIONED IN THIS ARTICLE
Fidelity Trust Company of New York
State Banking Department
mMing
Rubber Goods Mfg Co Yearly Report Summary
The annual report by President K. Dale highlights continued focus on investment in plants and maintaining efficiency. It notes ownership ties between General Rubber Company and United States Rubber Company and their joint role in supplying crude rubber and distributing products.
MENTIONED IN THIS ARTICLE
Holder. K. Dale
General Rubber Company
United States Rubber Company
United States
No Cut in Steel Prices Denied by Ex Judge Gas
Ex Judge E H Gas chairman of United States Steel Corp denied reports of planned price cuts. He asserted no reductions are contemplated and prices may move only with due cause and information to all concerned. He warned against misstatements and said changes would receive deliberate consideration.
MENTIONED IN THIS ARTICLE
E. H. Gas
United States Steel Corporation
Philadelphia
Charien D. Barney & Co
Broad Street
New York
Wrest
Kee
Marsden
Ie Cambria Steel
Phila O
Bilee St Bat Co
Pennabe Fairmount
Pitta Eller
Phila
Lake Sup Corp
Union Traction Base
Lehigh Na Sa
Welabach
BONDS
Elec
Ends Suit Against Sugar Trust Dismissed
The Pennsylvania Sugar Refining Company suit against American Sugar Refining for 30 million dollars under the Sherman act was dismissed in U S Circuit Court. Judge Holt rejected amended complaints and ruled the Sherman law not applicable to the case. Minorities may pursue redress in other forms. plaintiffs likely to appeal or seek equity relief.
MENTIONED IN THIS ARTICLE
Pennsylvania Sugar Refining Company
American Sugar Refining Company
United States
Henry W. Taft
Holt
Pennsylvania Company
Delaware River
Clarke Defends Railroads Against Lawmaking Attacks
In Belleville Ohio John N Clarke general counsel for the New York Chicago and St Louis Railroad warns employes that hundreds of bills in Congress and state legislatures threaten railroad control. He argues new restrictions risk bankruptcy, wage disruption, and widespread hardship, urging defense of rail property for millions of workers and their families.
MENTIONED IN THIS ARTICLE
Belleviue
Ohio
John N. Clarke
New York, Chicago & St. Louis Railroad Company
Clarke
Congress
Oklahoma
Texas
Shaw to Head Trust Company After Reorg Plan
Former Secretary of the Treasury Leslie M. Shaw will travel to Philadelphia to supervise a reorganization of the First Mortgage Guarantee and Trust Company. After securing greatly increased capital, Shaw will become president, with the firm specializing in guaranteeing mortgage principal and interest.
MENTIONED IN THIS ARTICLE
the Tribune
Philadelphia
Leslie M. Shaw
Secretary of the Treasury
First Mortgage Guarantee and Trust Company
Shaw
Business bankruptcies filed in U S district court
Involuntary petition against K Moppar & Son clothing firm by Claftin, Zviebel, Butterfield with $1 91491 claims and $2 500 preferential payments alleged. John A Dutton named receiver. Voluntary petition for Milton L Shirek clothing with assets $2 907. liabilities $8 12026. American Woollen Co debts $3478. Adolio Shirek and R J M Bullowa named receivers for Caroline E Scallen florist and Max Metrowitz business. Millerstein liabilities $2 78874 assets $3 900. owes State Bank $500.
MENTIONED IN THIS ARTICLE
United States District Court
K. Moppar & Son
Stanton Street
Mm. B. Claftin Company
Zviebel & Herwitz
Fred Butterfield & Co
John A. Dutton
Milton L. Shirek
West
Houston Street
Adolio Shirek
San Francisco
Market Report on Cotton Coffee Wheat and More 1908
New York April 9 1908 market report shows cotton rally after early lows amid liquidations and bearish weather outlook with 300000 bales traded. Coffee May contracts liquidating, receipts Brazil light, and futures steady. Wheat prices fall on bearish crops,London tensions, and selling pressure amid large supplies and weak support. Prices in grains and oils move with mixed signals as Kansas and Northwest weather update influence prices. The summary notes metal markets firm on London influence while provisions rise on hog price strength and packer demand.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Farmers’ Union
Mississippi
Sanaa
May
Braailiz
Rio
Rio No T
Express
Amd
Bermuda
Maryland
Virginia
Leweseeces
New York Produce Market Report April 9 2008
Bean and pea prices rise and fall with imports of 4300 bags. Domestic marrow, yellow and red kidney beans quoted. outside stock softer. Cheese and egg supplies steady with heavy packings and storage concerns. Apples, cranberries, oranges, and berries show varied movement. hops market quiet but firm. poultry demand mixed amid Passover.
MENTIONED IN THIS ARTICLE
New York
Lima
California
Collin Armstrong Praises Wall Street as Upright Hub
Collin Armstrong, editor of The Wall Street Summary, spoke before the New York Chapter of the American Institute of Banking at 35 Nassau Street about speculation’s link to business. He warned against laws that would cripple markets and urged restraint in targeting exchanges and traders.
MENTIONED IN THIS ARTICLE
Collin Armstrong
Wall Street
New York
American Institute of Banking
Nassau Street
Armstrong
Mr. Armstrong
Hyde Trustees Seek Order in Major Insurance Suit
Justice Bischoff reserved decision after a Supreme Court hearing on whether the trustees of the Hyde estate and others should be barred from pursuing individual suits against Equitable Life Assurance Society Mercantile Trust Co and George W Turner for 2 million dollars. The dispute centers on loans by Mercantile to the five guarantors who backed the notes on a promise of protection by Equitable Life. Equitable denies responsibility.
MENTIONED IN THIS ARTICLE
Justice Bischoff
Supreme Court
Henry B. Hyde
Equitable Life Assurance Society
Mercantile Trust Company
George W. Turner
Hyde
Marcellus Hartley
Bay State Gas report filed in U S Circuit Court
Bay State Gas Company of Delaware reports in the U S Circuit Court that as of March 18 1907 it had received 1 414 428 in principal with 37 761 interest by April 1 and 684 347 expended leaving a balance of 767 812 Expenditures include 11450 to Causten Brown as master 10000 for accountants 521 089 for cancellation of 487 income bonds and over 59000 in lawyers fees.
MENTIONED IN THIS ARTICLE
Boston
George Wharton Pepper
Bay State Gas Company of
Delaware
United States
Causten Brown
New York Contractors Indicted Over Peonage Allegations
Indictments for peonage found against Captain John Powers and foremen of the South and Western Railroad for holding workmen in peonage during road construction in McDowell County about a year ago. Reports say true bills will be filed against the railroad company and the contracting firm McArthur Brothers of New York.
MENTIONED IN THIS ARTICLE
the Tribune
Asheville
N. Y
John Powers
South & Western Railroad
McDowell County
McArthur Brothers
New York
Cunard Report Shows Good Year
Liverpool April 9 The Cunard Steamship Company reports a fairly prosperous year after depreciation and ship write offs. Directors propose a 5 percent dividend and carry forward 45000, compared with 270000 last year.
MENTIONED IN THIS ARTICLE
Cunard
Liverpool
Cunard Steamship Company
Receiver Appointed for U S Independent Telephone Co
Vice-Chancellor Howell in Newark named Frederick T. Johnson as receiver for the United States Independent Telephone Company which was recently declared insolvent. The firm, incorporated for 3600000, faces a judgment against it in this city for 6000900.
MENTIONED IN THIS ARTICLE
Howell
Newark
Frederick T. Johnson
United States Independent Telephone Company
Trust Eyes Sale of Major Independent Iron Mines
The Oliver Iron Mining Company, a United States Steel subsidiary, is negotiating to buy Corrigan McKinney & Co iron ore mines, the country’s largest independent iron mines. Corrigan McKinney shipped between 2,500,000 and 3,000,000 tons of ore from the lake districts last year.
MENTIONED IN THIS ARTICLE
Oliver Iron Mining Company
United States Steel Corporation
Corrigan-McKinney & Co. Iron Ore Mines
Exchanges to Close on Good Friday and Following Saturday
The Consolidated Stock Exchange board voted to close the exchange on Good Friday and the following Saturday. The New York Stock Exchange and the Cotton and Coffee exchanges already voted for a double holiday. The Produce Exchange has yet to decide and is expected to follow suit.
MENTIONED IN THIS ARTICLE
Consolidated Stock Exchange
New York Stock Exchange
Cotton
Produce Exchange
Mining Notes on Montgomery Sho Shone Deposit Rich Talc Find
The Montgomery Sho Shone talc deposit yields rapid output with ore sent directly to bins and cars for Salt Lake shipment. Open spaces reach about 150 feet. walls 35 to 50 feet high. Cobalt Lake title disputes surface as shareholders petition for government relief. Raven mine work centers on the main shaft at 1127 feet, with a 26 feet wide vein showing 3 percent copper and cross-cuts extending toward the 1100 foot level.
MENTIONED IN THIS ARTICLE
Montgomery
Cobalt Lake
Market fruit and produce prices from Norfolk and Charleston
A dense list of commodity prices by region and grade. Jersey onions and Virginia tomatoes at varying basket and crate prices. asparagus, beets, carrots, celery, cabbages, chicory, okra, peppers, peas, parsley, spinach, squash, tomatoes, turnips, watercress, lettuces, mushrooms, mint, rhubarb, and seed goods with state or city designations and load sizes. Includes bulk deals, per sack, per crate, and per bunch pricing across Florida, South Carolina, Bermuda, New Orleans, Cuba, and California sources.
MENTIONED IN THIS ARTICLE
Vania
Western
Tatoes
Jersey
Norfolk
North Carolina
Charleston
California
New Orleans
Bermuda
South Carolina
Florida
South Caro Ina
Ms . E
Baltimore
OKRA
St. Peas
Georgia
South Cara
Bos
Dio Baltmore
Lge
Bez
Canada
MINT
Do State
Long Island
Big@ink
Toledo
Timothy
Alsike
Livestock Market Report New York April 9 1908
Receipts include 69 cars of cattle 1175 head calves 259 head and 8 cars of sheep and lambs totaling 1889 head. Beef and dressed beef steady, veal calves steady, lambs weak, mutton lower. Notable prices: buffalo lambs 7.75 to 8.75 per 100 lb. country dressed lambs 9.87 to 12.50 per carcass. hogs lightly offered at 5.00 to 5.50 per 100 lb. Private cables from Liverpool and London push higher values. Sales by Kerns Commission reported Buffalo lambs and assorted weights with specific price per 160 lb shown.
MENTIONED IN THIS ARTICLE
London
Standard Foundry
Cleveland
Northern
Produce Exchange
New Orleans
Philadelphia
W York
Philadelphi
York
New York
City
Calcutta
Chicago
Kansas City
Omaha
West
Stearty
India
Middle Western
South America
Continent
Brazil
Patna
Rangoon
Rasseim
Eagle Orchard Diamond
Stac
Liverpool
Litye
Talisman
West Indies
Dilienback
Kerns Commission Company
Buffalo
Sanders
Bufalo
Eals
Wethers
Kaneda City
Ifa
Cincinnati
Market summaries from multiple stock markets and dates
Feeders, hogs and sheep receipts and prices listed across several markets. Hogs in several cities show slow to steady demand with top values around 8.00. cattle demand mixed, calves and yearlings noted. sheep and lambs varying by market, with prices cited for prime and common grades.
European Produce Market Report from Liverpool
Liverpool markets show mixed activity with wheat spot dull and futures volatile, prime mixed American sews firm, peas steady, flour patents dull, hops in London market, beef and pork cuts steady with firm lard and butter slightly dull, Canadian white and colored Cheeses steady, tallow and turpentine steady, linseed oil quiet.
MENTIONED IN THIS ARTICLE
Liverpool
London
India
Westerr
Cumberland
United States
Mia Cheess
Chicago grain and provisions market report summary
Chicago on April 4 sees wheat prices fall on favorable southwest crop reports with May, July, and September sliding to new lows. Corn gains early strength from light receipts and cash demand but eases as wheat weakens. Oats stay firm then fade, provisions ease with packers selling. Local receipts mix. markets close weak for wheat and mixed for corn and oats.
MENTIONED IN THIS ARTICLE
Chicago
Nitec
Minneapolis
Duluth
éTtec
Soc
Ric
May
Also Mentioned on This Page
New York University
Westinghouse Stockholders
Rubber Goods Mfg. CO
the Rubber Goods Manual
Teeterin Company
Ogim. Dares, Inc
Niall
Peter
Oneirmeen Pemierah Teta
Haiange
Coramon
Gary
Sugar Trust
Nickel Plate
Polic
L. M. Shaw
Trust Company
R. J. M. Bullowa
Caroline E. Scallen
Florist
Broadway
Jonah T. Newcomb
Max Metrowitz
East 10Th Et
Hyman Millerstein
Bowery
No. 224
Street
Millerstein
State Bank
Norfolk Street
Labama Great Southern
Mare
Detroit United
Gulf & Ship Island
ST. Joseph & Crand Island
Grand Rapids & Indiana
General Market Report
Otton
Cotton Exchange
New Produce Exchange
Commission House
Nebraska
Canada Line
Kansas Grain Dealers’ Association
Winnipeg
Northwest
Nnt
Berlin
Budapest
Kansas
New England
Hay Oats
Lord Mar Thees
Guy
Paris
Yeu PE
S.s
Owen
Maratac Sa
Mobile
Savannah
Norfolk Dulne
Se Augusta
St Louis Dull
Little Rock
Se Galveston
Wimington
Houston
Galveston
Country Produce Markets
Nnst
Spitzenberg
Northern Spy
Baldwin
Rory
Cape Cod
New York State
van Dusen
Tiec
Pacific Coast
St.ditie
Equitable Life and Mercantile Trust
Bay State
U. S
TRUST
Clinton Gilbert
Alliance Realty
Law T Ins & Tr
SS Am Surety Co
Astor
Bankers
Mount Vernon
Manhattan
Fio Mercantile
Metropolitan
Brookly
Mtge Bond Co
Eo Carnegie
Morton
Cas Co
Mutual
Central
Mutual Alliance
Im Cent Realty
Iso Nassau
City Invest Co
Not Surety
Citizens
Lin & Tr
Columbia
Ed Commonwealth Mn
NY Trust Co
Anu Bio Commerce
People's Wah
Empire Tr Co
Queens County
Realty Associe
Farm Ll. & T
Lin Trust
Tr & Tr Co
Franklin Im
Trust Co of
Fulton
Ae Fidelity
Waualty
Roarhan
Uo Home Trust
Hudson Realty
van Norden
Hudson Tren
Iin
Waeenington
Inter Bhg Corp
Westchester Vis
Wikings County
Waebrtenn
Renickerbocker Am
Wintser
Telegraph
Ttsburg
Chicago Grain and Provisions
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!