Normal Times Near, Bank Predicts Prosperity After Harvest
The Commercial National Bank of Chicago led by George E. Roberts reports that while crops may not boom, they will meet the yearly average. Stocks are depleted across industries, and demand for necessities and luxuries will rise after harvest. The bank expects activity to remain robust into next year, with capital accumulation and steady profits despite some industry disorganization.
MENTIONED IN THIS ARTICLE
Commercial National Bank of Chicago
George E. Roberts
United States Mint
United States
Wey
Noy
Mississippi Valley
No Friction With Mr McCrea Denials From Pennsylvania Railroad
The Pennsylvania Railroad board issued a formal denial of dissensions with President McCrea. They stated no disagreements exist between McCrea and any director and that all directors hold him in high regard and confidence. Signatories include W. H. Barnes Clement A Griscom Stuart Patterson E B Morris Lincoln Godfrey and E Ingersoll.
MENTIONED IN THIS ARTICLE
Philadelphia
McCrea
Pennsylvania Tisilroudl
Pennsylvania
Lee Board
McCree
Tearé
Pennsylvania Railroad
W. H. Barnes
Clement A. Griscom
Stuart Patterson
E. B. Morris
Lincoln Godfrey
E. Ingersoll
Interborough Franchise Tax Reported in Albany
State Treasurer Hauser announced that the Interborough Rapid Transit Company paid a 1 percent franchise tax on earnings of 5,279,469 for the year ended June 2, and an excess dividend tax of about 50,000, totaling 46.4 in tax figures.
MENTIONED IN THIS ARTICLE
Albany
Hauser
Interborough Rapid Transit Company
New York
Chicago Grain and Provisions Market Summary
Chicago reports moderate firmness in wheat with cash demand from millers and exporters. Sept wheat up 4, corn up 1 2, flour and provisions higher, near term futures firm but later showing mixed momentum as shorts cover and elevators hedge. Local receipts include 616000 bushels of grain and 378000 bushels cleared. rain Northwest weather minimal effect.
MENTIONED IN THIS ARTICLE
Chicago
Iowa
Liverpool
Argentina
Northwest
Minneapolis
Duluth
Shorts
Tixe
Tevespie
Strance
Sia St
vWestern
Western
Red Dog
City
Lyle
Canada
Antion
Broomhall
St Louis
Seaboard
Commission House
New York
Cotton Falls in Bear Run at Livermore Led Pool
Wild trading in Livermore led bull pool and partners Price and Patten drove October cotton down about $3 a bale. Reports say Livermore's long exposure neared $900,000 paper loss with actual near $200,000, while pool losses totaled around $540,000 as bears pressed prices amid good weather and weak demand.
MENTIONED IN THIS ARTICLE
J. L. Livermore
Livermore
Theodore H. Price
Joseph A. Patten
Chicago
Wall Street
Cotton
Bears
E. H. Hutton & Co
Mr. Livermore
New Head of Big Rubber Company
Howard Page resigns as president of the Continental Rubber Company of America and is replaced by William H. Stayton. Edward B. Aldrich becomes vice president and remains treasurer. Page remains a director. Stayton is a longtime rubber industry figure amid ties to Inter-Continental Rubber and Congo rubber concessions.
MENTIONED IN THIS ARTICLE
Howard Page
Continental Rubber Company of America
William H. Stayton
Page
Slayton
Edward B. Aldrich
Aldrich
United States
Stayton
Continental Company
Inter-Continental Rubber Company
American Congo Company
Leopold
Congo Free State
Inter-Continental Company
Thomas F. Ryan
Thomas F. Cole
Joan D. Rockefeller, Jr
N. W. Aldrich
Guggenheims
B. M. Baruch
Hunt Named Commercial Agent for Lackawanna at St Louis
Announcement yesterday confirms C. H. Hunt as commercial agent for the Lackawanna Railroad in St. Louis. Hunt previously served as westbound agent and has long been associated with the Lackawanna Line.
MENTIONED IN THIS ARTICLE
C. H. Hunt
Lackawanna Railroad
St. Louis
Mr. Hunt
Lackawanna
Fragmented OCR Market Share Notes
Partial figures for several Chicago area firms appear, listing percent ownership or preference in various companies. The text mentions American Can, American Shipbuilding, Diamond Match, National Biscuit, Quaker Oats, Sears Roebuck, Commonwealth Edison, and Chicago Telephone, along with percentages and identifiers. The fragmentary data lacks coherent report structure.
MENTIONED IN THIS ARTICLE
American Can Pi
American Shipbuilding
Dpal & Chief
Chicago Subway
Milnels Brick
National Biscuit
People’s Gaz
Street
South Side
Commonwealth Edison
Sears-Roebuck
Chicago Telephone
Walsh Road Receiver Named for Southern Indiana Line
Judge Kohlsaat appointed M. J. Carpenter former president of the Chicago and Eastern Illinois Railway as receiver for the Southern Indiana Railway Company after failure to meet interest on bonded debt. The move may extend to the Chicago Southern Railway, with a Saturday hearing planned for extension. The road reported assets around $24.38 million and liabilities near $11 million, with six months earnings showing a profit of $469,572.
MENTIONED IN THIS ARTICLE
Chicago
First Trust and Savings Bank of Chicago
Chicago Clearing House Association
Kohlsaat
M. J. Carpenter
Chicago & Eastern Illinois Railway Company
Southern Indiana Railway Company
John R. Walsh
Southern Indiana Road
Chicago National Bank
Chicago Southern Railway Company
Federal Court
Kohlsaar
Southern Indiana Coal Company
J. R. Walsh & Co
Chicago Southern
Pope creditors may get a third dividend seeks court order
Vice Chancellor Howell signed orders in Newark to show cause on September 8 why Pope Manufacturing Company receivers may accept a $190,000 bid for the Pope Motor Car Company plant in Indianapolis. The case also seeks to authorize a 21 4 percent commission to Thomas Saylor & Co. of Chicago for the Columbia Steel sale, with the same return date.
MENTIONED IN THIS ARTICLE
Pope Manufacturing Company
Howell
Newark
Pope Motor Car Company
Indianapolis
Frederick J. Faulks
Mr. Faulks
Pope Company
Thomas Saylor & Co
Chicago
Columbia Steel Company
People's National Bank Opens in Williamsburg
The People's National Bank at Broadway and Quincy Street Williamsburg opened yesterday morning for the first day of business. A large gathering of business and banking men visited to congratulate President George W. Spence who said he was gratified by the first day's business.
MENTIONED IN THIS ARTICLE
People’s National Bank
Broadway
Quincy Street
Williamsburg
George W. Spence
Wall Street
People’s
Bowery Bank
National
St. Paul
Union Pacific
Market Report August 20 1908 Coffee and Cotton Movements
Coffee markets in New York opened higher on frost and cold Brazil prospects, closing steady after 37 000 bags traded. Cotton saw a dramatic professional selloff with October down to 8.58 cents and a broad decline across futures, spot quiet.
MENTIONED IN THIS ARTICLE
New York
Sao Paulo
Havre
Hamburg
Santos
Rio
United States
France
Wall Street
National Stock ad urges bold investment in million-dollar plan
A Boston August 21, 1908 open-letter advertisement pitches "National Stock" as a safe, high-profit opportunity. The author promises dramatic gains from staged stock sales and profits of millions, urging readers to buy 49,000 to 400,000 shares and trust a guaranteed, risk-free return.
MENTIONED IN THIS ARTICLE
National Stock
S” Treasury
Wall Street
Commodity price rundown from city markets and sugar quotes
The report catalogs refined lard stability with South America and Brazil quotes, rice market steadiness amid moderate demand, and a detailed list of sugar prices and grades. London beet sugar futures and world sugar supplies are noted, with local raw sugar rates shown for centrifugal and muscovado grades.
MENTIONED IN THIS ARTICLE
Stgc
South America
Brazil
Patna
Rangoon
Bassein
Eagle
Eagie
London
Market Summary: Cattle Hogs Sheep Across Cities
Chicago notes Cattle receipts about 4000 head with varied prices. Hogs about 1600 head steady to lower with top around 6.75. Sheep and lambs about 15000 head with lambs mostly 1 cent lower. Cincinnati and Kansas City reports follow with mixed gains and declines across cattle hogs and sheep.
MENTIONED IN THIS ARTICLE
Chicago
Cincinnati
East Buffalo
Kansas City
Texas
Pittsburg
Liverpool Wheat and Meat Prices Reported in Daily Market
Spot wheat steady with No 2 red Western at 7s 6d and No 1 California at 10d. Futures unchanged for September and December. Corn firm with American mixed at 7s 4d, futures quiet. Pork prime mess Western strong, various cuts firm to strong. lard and bacon lines steady to strong with higher rib and bellies. Cheese firm. tobacco prices unchanged. turpentine and rosin steady. hops quiet. East Coast markets steady.
MENTIONED IN THIS ARTICLE
New York
Chicago
London
Standard
Cleveland
Northern
New Orleans
New_ Orleans
Keettle
Shorts
Philadelphia
W York
Phiadelphia
City
Calcutta
Kansas City
Omaha
Liverpool
California
Tis &T
Cumberland
Sas
Also Mentioned on This Page
Chicago Bank
MR. M’crea
Interborough Franchise Tax
Chicago Grain and Provisions
Livermore Pool
BIG Rubber Company
W. H. Stayton
Continental
San Francisco
Julia
Kentucky
Belcher
Occidental
Best & Her
Overman
Aledonia
Chollar
Savage
Sag Belcher
Sierra Nevada
Cal
Imperial
Cnion
Rowan Point
Utah
Gould & Curry
Yellow Jacket
Are & Norcross
Baltimore
van Schaick & Co
United
Norf Ry & L
Chas City Ry
Cent ‘Trust
Union Trust
Fidelity & Dep
Eoene
Aera Cent Ry
New York City
Sigs
C. Bos
Sis
R. R
Boston
R. L. Day & Co
Best & Albany
Boston Consus Ae
Tal & Hecla M
Jre&us
Centennial A. T la
Quincy
Wolverine
Smelters Co
Arcadian
Ee Gas
Massado Pag Atlantic
Shannon
United “Fruit
Eae
Bingham
Indiana
POPE
NEW Williamsburg Bank
General Market Report
Gulf
Mobile
Savannah
Charleston
Norfolk
Augusta
Bates
Little Rock
Wilmington
Galveston
Memphis
Houston
Cotton Exchange
Manchester
New York Produce Exchange
Chicago Great Western Railway Company
Re- Trust of
Nassau Street
Julien T. Davies
Alexander J. Hemphill
Island of
Manhattan
Biers Island
Telegraph
Hudson
West Point
Newburgh
Poughkeepsie
Sundar
Palace
Ron
Kendrice Hudson
Brooklyn
Fulton St
Mary Powell
Desbrosses St
W. Tae &T
West Shore
NM YW
Hudson Str
Caden i
Lake Hopatcong
Liberty ST
Mauch Chunk Glen Onoko
Latta
Franklin St
Str
Homer Ramsdelel
Montauk Steamboat Co., Ltd
SEA Gliff & Glenwood
Glenwood
Long Island Sound
Norwich
Clarkson St
New London
Fisher's Island
Stenington
Narragansett Pier
Newport
Providence
New Haven
Bridgeport
P. A. Pierzka
Rye
Rockaway Beach
N. Y
East 14Th St
Qria Long R. RR
Flatbush Ave Sta
Franklin St. Plor
Daly
Sun
Higtlanda Bark
Ste
Roliey
Long
al. Foster
Zist
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