Stocks Recover After Early Losses
The market showed a rebound after a shaky start with total sales totaling 1,400 shares on the day. Activity was light compared with 527,004 shares a year earlier, while August 20 saw 111,258,661 shares traded versus 138,581,252 in the same period of 1907.
Dividend Declarations From Southern Pacific and Federal Mining
Southern Pacific declares a quarterly dividend of 1.50 per share on its common stock payable October 1 1908 to dividend warrant holders upon surrender at the New York office. A. K. Van Deventer treasurer announces. Federal Mining declares a preferred stock dividend of 1 ¾ percent payable September 7 1908 to stockholders of record at close of business August 28 1908. J Kilner secretary.
MENTIONED IN THIS ARTICLE
Broadway
New York
A. K. van Deventer
Antice
Federal Mining & Smelting Company
J. Kilner
Am Ey conv 3s Lee We Pen 42 S3 J Van Os
The fragmentary text mentions persons Lee, We, Pen, J Van Os in Kentucky with unclear event. No coherent event or details available.
MENTIONED IN THIS ARTICLE
Lee
J van Os
Market declines as bears press Rock Island and New York Central
Investors faced broad selling with Rock Island and New York Central under pressure amid doubts over dividends and financing. Southern Pacific and Union Pacific outperformed while the Metropolitan Street Railway faces restructuring with heavy operating costs and potential debt reduction.
MENTIONED IN THIS ARTICLE
Rock Island
New 1
York Central
New York Central
St. Louis
San Francisco
Southern Pacific
Union Pacific
Metropolitan Street Railway Company
Bank of England
Foreign Bank Returns From London and Paris
The Bank of England weekly report shows total reserve up 2 158 000 pounds while circulation falls 421 000. bullion up 1 736 000. other securities down 77 000. other deposits down 891 000. public deposits rise 2 800 000. government securities steady. The reserve ratio reaches 52.30 percent, above 50.20 last week. Discount rate remains at 22 percent. Paris Bank of France notes in circulation drop 34 175 000 francs and treasury deposits rise 15 325 000 francs with general deposits up 8 224 400 francs.
MENTIONED IN THIS ARTICLE
Anne
Alls-Chalmers (Co. Pr
Amalgamated Copper
American Agr. Chem
American Bee
American Car & Foundr
American Hide & Leather Pr
American Steel Foundry
New
American Tel. & Tel
American Tobacco
Atchison
Baltimore
Baltimore & Ohio
Ratopilas Mining Eeecess
Bethlehem Steel
Brooklyn Rapid Transit
Canadian Pacific
Central Leather
Ms Beach
New Jers
Chesapeake
Gisfe
iChicago Great Western
Chicago
Mil
St P
Mil & St. P
Chicago, Mil. & St. P. Pr
O & Northwestern
Chicas . c. & St. Liete
Olorado & Southern
Aolorado & Southern Ist
Olorado & Southern 2d
Columbus & Hocking C. & I
Delaware & Thucserine
Duluth
South Shore
Erie
Federal
General Electric Co
Mining Eeereee
Granby
Great Northern
Tly
Great Northern Cre Cits
Havana Electric Ry
Hocking Valley
Saeceese
Illinois Centra
Subs
Interborough
London
Bank of England
Paris
Bank of France
Financial shifts adjust franc values and holdings
The report shows a rise of 2 075 000 francs in cash, silver on hand up 275 000 francs, discounts on bills down 1 050 000 francs, and advances decreased by 6 250 000 francs reflecting liquidity movements.
Bond Market Sales Report Highlights Thousands in Trades
Bond market activity shows total sales of bonds at 2,153,000 with a wide range of issues from KC FS 4s to Japanese 4s and Union Pacific items. Notable entries include Cent Pac Gtd 4s, Reading Gen 4s, and St Louis Pacific references with varied yields and conversions.
MENTIONED IN THIS ARTICLE
AT & S
Nee Os
BH & O
CM & St P
del & H
Nyc
West Ma
Penn
Yoo Oo
Riv & G
L& S F
PM &M
SAEAP
Joeire
Ing
Sala
Atlanta News
Soo
Brunswick
Cal
Cripple Creek
Con
Chollar Otee
Goldfield
Florence
Goldfield Daisy
Gould & Curry
Montgomery Mr
Potosi O's
Portland
Red Hill
St Louis. Org
Tramps
Vindicators BS Ss
Inactive Stocks On NYSE Last Quotes From Silent交易
Last actual sales and closing quotations forNYSE issues with no transactions yesterday are listed. The report shows bid and ask ranges for many names including Adams Ex, Am Can pf, Mackay Co Am Coal, Am Lin, North Am, Brunswick, Penn, Reading, and others with last sales and closing levels, reflecting a quiet day on the floor with no trades.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Adams
LE & W
Lake Shore
Long Island
AC & F
Mackay Co Am Coal
C Oil
Man Reach
Manhat el
MD Coal
H&l
St Ry
Lin
Midh
Msp&ssm
Snuff
MK & T
Mor & Eer
Nash & Ch
NE &S
Mt & C
Ann Arbor
New © Coal
Coast L
Brunswick
Las & W
North Am
Butterick
Pac Coast
Peo & E
Pitts Coal
So& L
S L
Hock Val
Homestake
Ing
Eet & M
S&m Pt
Money Market and Foreign Exchange Report
The money market opened at 1 percent on call with limited activity and ample volume. Rates ranged for short to long terms, with mercantile paper moderate and bills receivable varied. Foreign exchange opened weaker with cables around 4.8545 bid and 4.8640 asking. short francs and reichsmarks declined later as export outlook softened. Bank clearings listed for major cities, and domestic exchange varied by region. Government receipts showed daily and monthly totals with a fiscal year gap. Sub-Treasury remained in debt to the Clearing House.
MENTIONED IN THIS ARTICLE
Mercantile
Reichsmarks
Eierlivigg
Ces
Eeseeeseeness
Germany
Paris
Belgium
Switzerland
Holland
Boston
Chicago
San Francisco
New Orleans
Charleston
New York
Philadelphia
London
Madrid
Lisbon
Washington
Sub-Treasury
Clearing House
Foreign Money Markets and Rates Abroad
Reported in London and European exchanges the foreign money market shows 12 percent Call money in London, short bill discounts at 1 percent, long bills at 17 16 percent, Berlin and Paris discounts at 2 and 1 percent, Paris and Berlin exchange rates to London, and prices for British consols and French rentes.
MENTIONED IN THIS ARTICLE
London
Berlin
Paris
Paris Exchange
Berlin Exchange
Collateral Trust Notes Prices and Maturities Listed
List of collateral trust notes maturing 1908 to 1922 with issuing companies and bid values. Items include Am Cigar Co 4 pc March 15 1911, Am Tel Tel Co 5 pc Jan 1910, Coast Line R RG pc March 1910, B&O Series A 5 pc March 1909, Ches & Ohio Ry 6 pc July 1910, and many others with bids and indicative asks.
MENTIONED IN THIS ARTICLE
Ylela Am Cigar Co
I Am Tel & Tel Co
Coast Line
Ches & Ohie Ry
Chie R1 & P Ry
Wind Rag
Iwglors
Consolidated Gas Co
Interborough RT
May
Lackawanna _Strel pe
Lsh& Ma KR
KRG
Louis & Nash
Nyc
Bi IY
Nh& Hrs
Forfolk & Western
An Rrs
Ub Serv Corp
Tlm&serr
Eabough
Lve
Wuthern Ry
Wee ST
Rubber & Pic
Wall Street Journal Market Summary Quiet Trading Mixed
A brief market view shows light outside securities activity with small volume in mining shares. Minor price moves in majors and mining stocks. Bay State Gas slight dip after early rise. Chicago Subway weak. Standard Oil firm. Bond notes and specific miners show modest shifts.
MENTIONED IN THIS ARTICLE
Bay State Gas
Chicago
Standard Oil
la Rose
Nipissing
Nevada Consolidated
Boston
United Copper
Central Foundry
Allis-Chalmers
Market Notes and Corporate Financing Highlights
Foreign trading shows mixed activity with 10,400 shares traded and weak London prices. Central Foundry Company finances 1 million dollars in long term bonds. Wisconsin Central loan payments of 2.4 million expected. Frisco loan to US Express at 5 percent with options. Boston and Maine reports a year deficit and dividend uncertainty. multiple dividends declared and bank cash gains, with New York Central dividend rumors and Knickerbocker Trust payments. American Malt Corp hints at dividends for preferred stock.
MENTIONED IN THIS ARTICLE
London
London Exchange
Bank of England
Central Foundry Company
Central Area and Coal Company
Central Row and Coal Company
Wisconsin Central
United States Mortgas ® and Trust Company
Wisconsin Central Railway Company
Frisco
Louis & San Francisco
United States Express Company
Boston & Maine
American Bank Note Company
Federal Mining and Smelting Company
National Lead Compens
Railway Steel Springs Company
Calumet and Arizona Mining Company
Focal
Sub
New York
Chicago
New York Central
Knickerbocker Trust
Knickerbocker Trust Company
American Malt Corporation
Probably & Seo E
Dees Gend
Also Mentioned on This Page
Iowa Central
Kansas City Southern
Louisville
Nashville
Marine Pr
Minneapolis & St. Louis
Eressesen
St. P
S.M
Missouri, Kansas & Texas
National Enam
Stp
Missouri Pacific
Newhouse M
New York Air Brake
N. H
Ewestern
Norfolk & Western
Northern Pacific
Ontario
Pacific Mail
Pennsylvania Railroad
People’s Gas & Coke
Republic Iron & Steel
Rock Island P —i
St. L
Sears-Roebuck Encesene
Sloss-Sheff. Steel & Iron
Southern Railway
Southern Railway Pr
Tennessee Copper
Texas & Pacific
Third Avenue Railroad
Toledo Railways & Light SM
Toledo
Union Pacific Pr
United Ry. Investmen
U. S. Cast Iron Pipe & F
Cast Iron Pipe & F. S
United States Rubber
Lasco
United States Steel
Utah Copper
Va.-Car. Chem
Va.-Car
Wheeling & Lake Eri
Wisconsin Central Pr
Faward B
Smith Francis E. Bond
George W. Norris
Epward B. Smits
Pine Street
Chestnut Street
St. Clair Furnace
U.s.stess Co
Chisholm & Chaprar
New York ciTy
Schmiet & Gallatin
Illinois
Bers
Eex
Stock Exchange
BAY State Gas CO
Ali Lawson
la Rose Hiremac
Nipissing Goldfield
Cumberland-Ely
Commission On
Thomas Reinhkardt
Broad ST
Southern Pacific Company
Central
Georgia
Tos
Detroit & Mackina
Louisville & Nashville
Mobile
ST. Paul
Sault Ste. Marie
Peoria
Kan Sas City
McIntreal Street Railway
Arate Ee
Penate
Clinton Gilbert
Wall Street
Alliance Realty
Law Mine Co
Am Surety Co
Law T1& Z
Astore
Lincoln
Lang
B & Mige G Co
Mount Vernon
Ling Green
Manhattan
T Law Commonwealth
Mte & Sec
Comercial
Trust
Empire Tr
Feopte
Queens County
Farm L & T
Standard Trust
Itthav
Nsw
Franklin
Trust Co of
Union Fidelity
United States
Guaranty T Co
Casi
Guardian
O ‘Hamilton
Ms Tn Ass Home
Istg
Hudson Realty Oto Vie Vanenetas
Amateso Tr Co
Weshineten Ane
Bkse Corp
Inet County
Waetamco
Windsor Ms
Latayetie
Toronto
Stewart & Lockwwood
Exchange Place
Boutizio
Charles DD
Harney £ Co
Broad Street
York
Amd
South Dth Street
Philadephia
Ashe Am Cement
Lehigh Val
Rony
Marsden
Philate, Mee
Phila Elec Co
Phila Rap
Vis Co
Union Traction
Leake Sup Corp
Seaue
UN Gas Imp Co
SuiWelebach Co
Phila Elec
Phila Co Ss
Foreign Bank Returns
FS & M
Kan City
el Lb & P
LS & M
Lui
Moon & W
Styre& Gl
T St L& W
Usreilm
US R&r
An Vascé Co
Vulcan Det
Wabash
Wells
West Mad
UN Tel
Wabl EE
Ac LE
Money and Exchange
Wits
Coupen
Panama
Eecseere
Wey
American Securities Abroad
Anaconda Ealanes
I Atchison
Pacific
St Paul AM
Brty
Y Central
Pennsylvania
UN Pacific
Inc
U Ss Steel
Swartwout & Appenzellar
Weeth Elec & Mig Co
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
Bishopsgate St
Boulevard Haussmann
Wee Franklin Trust Company
Montague Street
Brooklyn
N. Yr
N.Y
Fifth Avenue Trust Company
43D Street
N. Y
The
Wall Street Journal
Outside Securities
Industrial
Manhattan Transit
Chicago Subway
Alaska
Argonaut
Atlanta Goldfield
Byau Bingham
Blue Hell
Boston Copper
Butte Coalition
Butte & NY
Colonial Silver
Ariz
S& Ss S
Davis-Daly
Dominion Copper
Ely Central
Ely
First National
Furn
Goldfield Oro
Greene
Greene-Cranea
Ind Val Corp
Jim Butler
Apu
Lucky Boy
Mex
Expl & M
North Butte
Butte
San Carlos
Nev
Trinity Copper
Tayra Dev
Wss
Utah
Yukon
Consolidated Exchange Sales
Ing. Oa
Armcar & Fdry
Ice Securit
Chile
Mil & St
Inter-Metro
Louis & N
Kan_ & T mm
Mo Pacific
Boe Sa
Nat
Rts
Ont & W
Nor Pacific
Norfolk & West
Republic
Southern Pac
Southern Wees Ewenee Railway
Gant Treneie Pacific
HOG S
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