Oversubscribed 340 Million Dollar Railway Bond Issue Sets Record
The Se Pennsylvania Railroad announces a 340 million dollar 4 percent bond issue oversubscribed about twenty times both in New York and London. Kuhn Loeb Co handled subscriptions opening promptly and closing quickly amid heavy demand. London firms Rothschild and Bates Brothers also report brisk uptake with no official awards yet.
MENTIONED IN THIS ARTICLE
Se Pennsylvania Railroad Company
London
Bawkers
Tate
Kuhn, Loch & Co
N. M. Rothschild & Sons
Bates Brothers & Co. Limited
Kuhn, Loeb & Co
Jas
Morehan
Demand for Philadelphia Bonds Sees Strong Bids
Philadelphia reports Mayor Reyburn opened bids for 5.875 million dollars in new 4 percent thirty year city bonds. The issue was heavily oversubscribed about seven times with forty seven bidders. Bids ranged from par to 104.38, and the entire issue was awarded to H. F. Bachman & Co. at 104.338.
MENTIONED IN THIS ARTICLE
Bachman & Co
Philadelphia
Reyburn
Penca
H. F. Bachman & Co
Paris Gold Engagements Reach 1.5 Million in Movement
After a lull, engagements of 1 500 000 for Paris were announced, part of a 590 000 total on the current movement. Heidelbach Imet Co took 1 008 000 and Goldman Saci Co 500 000. Bank of Montreal also announced 1 300 000 for shipment to Montreal.
MENTIONED IN THIS ARTICLE
Paris
Heidelbach, Imet & Co
Goldman, Saci= & Co
Bank of Montreal
Srivelis
Forvicn
Ers
Pennsylvania
Metropolitan Trust to Advance 1.5 Million for Reopening
Willem N. Dykman representing Williamsburg Trust Company disclosed that Metropolitan Trust Company will provide 150.09 dollars in cash to reopen. The plan, announced in Justice Crane's Brooklyn court, aims to resume by June 11 with a Manhattan institution secretly backing the move. Depositors may be paid in full at opening and stockholders have signaled assent to the plan as the Metropolitan Trust Company winds down the Oriented Bank and pays depositors.
MENTIONED IN THIS ARTICLE
Willem N. Dykman
Williamsburg Trust Company
Brooklyn
Metropolitan Trust Company
New York
Brooklyn Company
Justice Crane
Manhattan
York Air Brake Bonds Taken Short Price Offer Decline
Options to the 090,000 of twenty year bonds offered by the New York issuer were taken at 90. A correct official said the bonds were overpriced and the sale failed to meet demand as the offering appeared over 2 o'clock during today’s session.
MENTIONED IN THIS ARTICLE
August Belmont
Interborough Rapid Transit Company
Public Service Commission
First District
Morton Trust Company
Wall Street
New York
Bank discount rate lowered in Berlin to 5 percent
Berlin April 27 The rate of discount of the Imperial Bank of Germany was reduced today from to 5 percent.
MENTIONED IN THIS ARTICLE
Bank OF Germany
Berlin
Imperial Bank of Germany
Mining notes and smelter capacity shifts amid ore supply
Ore from the Boston and Montana mines will be sent to the Anaconda Washoe smelter until the Great Falls plant can handle it. The Anaconda Washoe can process over 2,400 tons daily, with potential to reach 1 20 tons if pushed. Profits run from 15 000 to 18 000 dollars daily for the company, while March production includes 574 959 ounces from the Witwatersrand area and other districts. Board directors of the Engisheing Mines Company shrink from seven to nine, with Wharton and Schirmer retiring and the remaining nine re elected.
MENTIONED IN THIS ARTICLE
Boston
Montana
Anaconda Washoe
Great Falls
Haconda Company
Anaconda Mining Company
Anaconda Washoe Smelter
North
Coalition Properties
Ana
Golitwatersrand
Wally
Engisheing Mines Company
Joseph Wharton
Frank A. Schirmer
Market Report United States Coffee and Cotton 1908
New York April 27 1908 coffee market steadier with demand from shorts and bullish buyers pushing prices up a touch 9 500 bags sold spot market quiet May receipts modest Rio Santos and Bahia activity noted. Cotton declined on Southern selling and bear pressure with daily sales around 275 000 bales and losses extended into May and July contracts.
MENTIONED IN THIS ARTICLE
New York
Havre
Longs
Shorts
Jundiahy
New Orleans
United States
Rio
Santos
Europe
The
Cape
States
Germany
Carolina Mills
Hamburg
Produce Market Wrap Up from New York Ledger
Domestic beans firm with some quarters asking more. yellow eye and red kidney beans hold strong, other varieties steady. Butter prices steady amid steady receipts. cheese and eggs show mixed movements with broader market pressure. Apples and strawberries in supply, oranges steady. hops and hay markets hold. poultry trade weak but steady prices for dressed fowls.
MENTIONED IN THIS ARTICLE
York
Lima
California
Western
Liverpool
State
Pennsylvania
Roxbury
Cape Cod
Jerey
Jersey
Norfolk
South Carolina
Do Lake City
South Inn
Florida
Porto Rico
Pacific
Oregon
Pacific Coast
Local Market Report On Fresh Poultry And Produce Prices
Western and Long Island ducks and fowls listed with ranges from 12 to 22 cents for No 1 and No 2 toms, squabs and chicks priced per dozen, and geese, ducks, and cocks noted. Potatoes, onions, celery, cabbage, and assorted vegetables show weaker or steady bidding with Bermuda prices and Florida items, asparagus, beets, carrots, and lettuce prices included. notes on regional supply and quality levels.
MENTIONED IN THIS ARTICLE
Indiana
Illinois
Long Island
Owen
Bermuda
Florida
Maine
State
Jersey
Artichok Callfer
Charleston
New Orleans
Bermuta
Wakefield
CHI ‘Ory
Flocrida
South Basket
Mberslorida
Eggp Jants
Se & Do
Escarol
South Carolina
Orien
Kale
Norfolk
Baltimore
Norfole Basket
George
Texas
Orleans
I .P- 28
North Carolin
Roomaine
Canada
Toledo
Timothy
Chicago grain and provisions market dull on weak wheat
Chicago April 27 weak cables and favorable Southwest weather pressured wheat with July closing lower at 85 3/4 to 86 3/4 cents. Corn firmed late after early weakness and oats and provisions fell on lower hog prices. Receipts showed wheat and flour clearances at 171,300 bushels, hogs declined, and July contracts ranged with mixed intraday moves.
MENTIONED IN THIS ARTICLE
New York
Zia
London
Standard Foundry
Cleveland
Sis Vd
Northern
Proagce Exchange
New Orleans
Philadelphia
Iladelphia
Calcutta
Chicago
Omaha
Siva Family
Cuba
Lee
Southwest
Liverpool
Russia
Nebraska
Minneapolis
Duluth
Kansas
European Produce Market Notes From Liverpool April 27
Liverpool market report lists wheat futures and spot prices, peas, flour, and butter markets with steady to dull trends. Prices for lard, tallow, linseed oil, rosin, petroleum refine, and various meats show mixed activity and regional demand, highlighting shifts in Western Canada and India trade implications.
MENTIONED IN THIS ARTICLE
Liverpool
Sizad
London
Pacific Coast
Betra India
PC Prime
Cumberland
United States
Also Mentioned on This Page
Rush
P.R. R. Bonds
Montreal
Dastas
Red
Tue
Banks City
Hoboken
New York City
Houce Ag Ts
Sis
Burpics
Inc
Well Street
Pury
van Schaick & Co
Siating
Light & P
Chas
Union Trust
Fidelity & Dey
Maryland
Riley
Hinds
Eals
Vash
Iran
Anula
Lake Poper
Amily
General Market Report
Gulf
Galveston
Easy
Savannah
Holt
Wilmington
Augusta
Memphis
St. Louis
Houston
Little Rock
Housson
Cotton Exchange
Mid-Upland
Manchester
New York Produce Exchange
Kim Gried
Kteasy
Cor Sakr
Unity
al Minneapolis
Hroomhall
Canadian
Manitoba
Country Produce Markets
Stat Ly
Express
Spain
Brothers
Pasy W. Gate
Interborough Company
Messrs. Lee, Higginson & Co
State Street
Chicago Grain and Provisions
Central OF Georgia
Indianapolis
Louisville
South Shore & Atlantic
Detroit & Mackin
Minneapolis ST. Paul & Sault Ste. Marie
Mobile & Ohio
Biaseid
City Rapid Transit
New
Chicago & Northwestern
Alabama Great Southern
Cincinnati
Texas Pacific
Southern Railway
Detroit United
Bae
Weiss Saale
Colorado Fe Southern Lines
Las
Aero
Inet
Clintom Gilbert
Liberty Awe Meric
Mo Morris
Nassau
New Wes
NYNBA
Chelsea
Park Oe
People’s Fifth National
Fifth Avenue
Tim
Sher Plaza
Riverside
Gallatin
Sherman Garti
Seaboard
E& Oz
Gerania
Union Exchange
Imp & Tract
Washington
Interborough
Irving
Nat Ex iv
Yorkville
Jefferson E
Eid
Aid
Beshire
Vprf
Morris
Best
Albany
Nash
Decatur
Lowell
Nashua & Low
J Trans Co
Bway
Hariem
Brooklyn City
Cam & R R
Carolina
Nico Cayuga & Susq
North Penn
Chee & G
Ch & E
Nor & War Pf
Eden Ceny
Chris & Keth St
Ise Cleve & Pitts
Hewean & Syra
Cat & Xenia
Pac
Cord & Mon
Pat & Ramapo
Cone & Ports
Peoria
Trenton
Conn River
del & Be Brk
Det Hills
East Penn
East Mahanoya
Pitts
Etth Avenue
Renns & Saras Elm & William
Roch & Gen
Irw&o
Erte Kalam
Erte & Pitts
Second Avenue
Fitchburg
Sixth Avenue
St & G
St F
He Mer Ag Tel
Wold & Stk
Werc
Njrr & C
Anutas Co
Ura Clin & Goshen & Dee
Utica & Bik
Urand River
Utica C & 9
Jackson
Lafay
Bingham & Wiss
Mutua
Buffal
Denver
Pau
iSyra T & P &See
Edo
Charlies T
Barre
Bread Street
Iza
Eh Street
Lehigh Val
Arsden Et Cambria Steel
Penn
O FE Co
Penn Steel Co
Fairmount
Phila Elec Co
Phila Rap
Seatctighi
R. LL Day & Co
Come Bost & Albany
Las Es Val
Hecla M. Ge Ih
Beaton
Centennial
Franklin
Granby
West End St Ry
Tamarack
Wolverine
U S Smellers Co
Arcadian
Mass Gas Atlantic
Utah
Bingham
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