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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Aug 21, 1908

Page

3

Normal Times Near Chicago Bank Sees Return to Activity

The Commercial National Bank of Chicago reports a cautious return to normal in U S commerce and farming. It notes steady deposits, low interest, wage pressures, and a hopeful outlook for 1909 with replenished stocks and stronger demand for necessities and luxuries after harvest.

Commercial National Bank of Chicago George E. Roberts United States Mint United States Mey Mississippi Valley

Pennsylvania Railroad Board Denies Dissent With McCrea

Philadelphia Aug 20 The Pennsylvania Railroad board issued a formal denial of reports of dissensions with President McCrea. The statement asserts there are no differences of opinion on policy and expresses full confidence in McCrea. Signed by W H Barnes Clement A Griscom Starr Patterson E B Morris Lincoln Godfrey and C E Ingersoll.

Philadelphia McCrea Pennsylvania Railroad Pennta Hailroad McCrei The W. H. Barnes Clement A- Griscom Starr Patterson E. B. Morris Lincoln Godfrey E. Ingersoll

Interborough Franchise Tax Payment Reported

Albany Aug 20 State Treasurer Hauser announced that the Interborough Rapid Transit Company of New York paid 6000 in franchise and excess dividend tax into the state treasury. The 1 percent franchise tax applies to gross earnings of 5 279 469 for the year ending June 2, with a substantial rise from the prior year. The excess dividend tax totals about 50000.

Albany Hauser Interborough Rapid Transit Company New York Stee Treasury

Chicago Grain and Provisions Market Summary

In Chicago August 26 wheat rose for September delivery and corn gained on demand from exporters and millers. Wheat closed firm, while corn and oats moved higher with mixed sentiment late in the session. Local receipts included 616,000 bushels of wheat and 214 cars of corn with notable cash bids for No. 1 hard and No. 3 spring.

Chicago C. Com Tse Iowa Liverpool Argentina Northwest Minneapolis Duluth Shorts Revere Western Lyle Canada Broomhall Millers and Chippers St Louis Seaboard New York Bearley S&t Sso & ST Ss Siz Park London Cleveland Northern New Orleans New Philadelphia Ric American City Calcutta

Cotton Falls in Bear Sweep at Livermore Led Pool

Wild trading swept the cotton market as the bear pool led by J. L. Livermore forced a sharp drop in October options by about 3 a bale. The group reportedly liquidated at least 200,000 bales with Livermore alone credited for 8,000. Other pool members Theodore H. Price and Joseph A. Patten faced combined losses near 300,000, totaling about 500,000 for the day. A large part of the decline came from rains easing drought fears and weak trade reports, with August cash cotton slumping from 20.10 to about 9.50.

J. L. Livermore Livermore Cotton Exchange Theodore H. Price Joseph A. Patten Chicago Wall Street Bears E. H. Hutton & Co Mr. Livermore Marc Weeee Gulf Mobile Savannah Charleston Norfolk Baltimore Augusta St. Louis Little Rock New Orleans Wilmington Galveston Memphis Houston Liverpool Manchester New York Produce Exchange

New Head of Big Rubber Company

Howard Page resigns as president of the Continental Rubber Company of America. William H. Stayton succeeds him as president while Edward B. Aldrich becomes vice president and treasurer. Page remains a director. The Inter-Continental Rubber Company controls the group with ties to Congo rubber ventures and a broad network of dominant investors.

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 John D. Rockefeller, Jr N. W. Aldrich Guggenheims B. M. Baruch

Hunt Named Commercial Agent for Lackawanna at St Louis

Announcement of C. H. Hunt appointment as commercial agent for the Lackawanna Railroad in St Louis. Hunt previously served as westbound agent and has been with the Lackawanna Line for many years.

C. H. Hunt Lackawanna Railroad St. Louis Mr. Hunt Lackawanna

Market listing of preferred stocks and bonds

A historical exchange style listing shows various preferred stocks with percentages and company names. Entries include American Can pref 60 percent Diamond Match American Shipbuilding 49 Knole Brick 100 percent National Biscuit do pref Booth Packing 23 People's Gas do pref 90 percent Quaker Oats pref Box Board pref 2 percent Street's Stabile Car pref ora Gas chic C&D 4844 Swift & Co 108 percent Chicago Subway 44 percent Commonwealth & Eisen 106 percent Sears-Roebuck pref 8043 Chicago Telephone 145

American Can American Shipbuilding Knole National Biscue Do People’s Gas Quaker Oats Street Ora Gas Chic C&d Swift & Co Chicago Subway Commonwealth & Eisen Sears-Roebuck Pref Chicago Telephone

Walsh Road Receiver Appointed for Southern Indiana Railways

Judge Kohlsaat appoints M. J. Carpenter receiver for the Southern Indiana Railway Company after failure to meet interest on bonded debt. The move may extend to Chicago Southern Railway. assets total about 24.33 million with 11 million in liabilities. The road showed a six month profit of 469,572 despite broader financial struggles linked to John R. Walsh affairs.

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 and sale bid

Vice Chancellor Howell signed orders 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 Pope entity owns all Pope Motor Car stock, the plant not mortgaged, and may pay Thomas Saylor & Co. a 2 percent commission on the sale.

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 time. A large number of business and banking men called to congratulate President George W. Spence who said he was gratified with the first day's business.

People’s National Bank Broadway Quincy Street Williamsburg George W. Spence Wall Street People’s Bowery Bank National St. Paul Union Pacific

Market report summary of coffee and cotton volatile trades

New York August 20 1908 Coffee market opened steady then rose modestly with heavy receipts and frost in Sao Paulo. Cotton futures collapsed then rallied with closing steady after a day of large selling by bulls and sizable volume, with Oct near 8.58 cents and broad activity across futures and spot markets.

New York Sao Paulo Avare Havre Hamburg Rio

National Stock ad promises huge profits in 1908 Boston

An earnest sales pitch in Boston dated August 21 1908 urges readers to invest 49000 to 400000 shares in National Stock. The writer, adopting a conspiratorial tone, claims a guaranteed profit with staggered big returns and minimal risk, urging readers to follow his guidance and buy at $2.

Market notes on lard rice sugar and sugar futures

The report shows lard prices quotes for city and refined lard backed by South America and Brazil levels, with steady or firm rice demand and limited first hand supplies. Sugar markets remain steady with wide itemized prices, including Crystal dominos to powdered varieties, plus London beet sugar and world visible supply figures.

Stgc South America Continent Brazil Patna Rangoon Bassein Eagle London Muscovado

Market Report from Chicago and Other Cities

Western and eastern markets show mixed trade with cattle, hogs, and sheep. Prices vary by region and class, with steady to weak trends for hogs and steady to higher ranges for cattle and lambs in places like Cincinnati, East Buffalo, Kansas City, and Pittsburg.

Chicago Baschere Pet Choice Ag. Eensigs Cincinnati East Buuffalo Kansas City Texas Pittsburg

Market Report from Liverpool Trading Floor August Update

Closing: Wheat and corn futures steady with spot prices mixed for No 2 red Western and American mixed. Flour prices steady. hog and pork products show strength with prime Western mess and various bacon cuts firm. Lard and refined products steady. tobacco and linseed oil steady. hops at London market ends steady.

Liverpool California Life London Pacific Coast

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 Nooe Alpha Julia Oneness Kenwyck Mexican Best & Belcher Occidental Bullion Caledonia Overman Potosi Savage Sierra Nevada Imperial Crown Point Union Utah Jould & Curry Yellow Jacket Are & Norcross van Schaick & Co United Railway Catton Duck North 4 & L Tage & P Chas City Ry Chas No Cent Trust Union Trust Third Nat Bank Fidelity & Dep Maryland Trust Consol Gas Not Cent Ry New York City Boston BR. L. Day & Co Bost & Albany Cal & Hecla Cir&us Y Fitchburg NH &H Franklin Old Colony Granby West End Mass Mohaws Elec Butte Eng Parrot Mindwecce W Tel & T Co Quincy Tamsrack Wolverine S Smelters Co Arcadian Atlantic Shannon Kingham Indiana POPE NEW Williamsburg Bank General Market Report Santos Omaha India National Stock S” Treasury Ono Chicago Great Western Railway Company Julien T. Davies Alexander J. Hemphill Nassau Street John W. Castles Myron T. Hererick Hugo Blumenthal J. Horace Harding Island of Manhattan Ned Ercy Othe Telegraph Hudson West Point Newburgh Poughkeepsie Palace Hendrick Hudson Brooklyn Fulton St Desbrosses St Mary Powell West Shore N. WL Hudson Str Caden Nota Lake Hopatcong Berty Mauch Chunk Glen Onoko Liberty ST Pata As Saseee Franklin St Str Homer Ramsdale Gress Parade Montauk Steamboat Co., Ltd SEA Cliff & Glenwood Sen Nuel Long Island Sound Roswigh Chester W Clarkson St Haven Bridgeport Rockaway Beach N. Y East 34Th St Sta. Ovia Long R. R FOM Flatbush Ave. Sta RED Bank High Lana Ste Ocean al. Fosters B. Zist Jsc
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