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Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Dec 30, 1908

Page

3

Foreign trading and market rounds in New York

Foreign houses traded 96000 shares locally with 30000 selling. London Consols firm and quiet. settlement day busy. No reply in American securities to New York activity. Money easy. discounts unchanged in Britain and continental points. Wabash Debentures pay 8% on A and 1% on B. Harriman not elected. Dividends declared by multiple firms. copper advanced 4c. local metal exchange prices up. Wall Street firm dissolves. Darr Luke & Moore to become Darr & Moore. Phelps Dodge consolidation nearly complete. Railways Co of America reduces capital. Bank of Montreal ships 280 gold coins to Canada.

London New York Wabash Wabash Railroad Company E. H. Harriman United Cigar Stores Company Washington Trust Company Anaconda Copper Company Norfolk & Western Mines Company of America Lake Wall Street Darr, Luke & Moore Arthur F. Luke Darr & Moore George W. Darr Joseph H. Moore Lawrence As Carr John Reece Phelps-Dodge Phelps, Dodge & Co Phelps, Podge & Co. (Incorporated Railways Company Railways Company General Jersey City Canada Bank of Montreal

Money Market and Foreign Exchange Report

Money on call opened at 3 percent with a high of 344 percent and a low of 2 percent, closing near 3 percent. Time money quiet with liberal offerings. lenders bowing to lower expectations for higher rates. Rates ranged 3 to 4 percent for 30 to 90 days and up to 4 percent for longer terms. Mercantile paper usable in liberal amounts but demand from top merchants not yet strong. Foreign exchange opened easy with cables around 4.87, sterling about 4.86, short francs near 5.15 and reichsmarks near 95. Cables supplied in good volume. January remittance largely via demand bills. Bankers posted rates listed.

Mercantile

Probe into Insolvency of H. W. Poor & Co and Firm Withdrawal

New York Stock Exchange will investigate H. W. Poor & Co insolvency and the withdrawal of all members except Mr Poor. If insolvency at withdrawal is proven, former partners share debts with Mr Poor. Insolvency committee requires creditors list and assets and liabilities within 30 days. Assignee Mark T Cox has not seen the books yet.

New York Stock Exchange H. W. Poor & Co Poor the Exchange Committee On Mark T. Cox

U S Rubber Plans $20 Million Bond Issue

United States Rubber Company executives in New Brunswick authorize a ten year collateral trust bond issue of 20 million dollars payable in gold. About 15 million bonds will be issued now with 500 thousand stock votes backing the move as funds to repay existing notes and debentures and to cover current liabilities.

New Brunswick United States Rubber Company Boston Rubber Shoe Company Rubber Goods Manufacturing Company Atmara i United States

Bond Notes Foreclosure Set As Mortgage Funds Readied

The New York committee of bondholders for Hudson River Water Power first mortgage bonds announces imminent foreclosure proceedings as enough bonds are deposited. Boston receipts may be deposited in place of bonds under a joint agreement. Chicago & Northwestern Railway bonds to be issued soon likely under $10 19.00 million to refund about $8 million maturing next year. New York Transportation Company weighs a first mortgage of 2 to 3 million for gasoline powered cars. Consolidated Gas Company debentures of 20 million 6 per cent issued 1904 largely converted to stock at par since July 1907.

New York Committee Hudson River Water Power Company First Mortgage F. J. Lisman Boston Committee James R. Hooper Chicago & Northwestern Railway Company New York Transportation Company Consolidated Gas Company

Cobalt Prices and Listings From Beaver to Temiskaming

Furnished and corrected bid quotes show a range of cobalt prices and related listings across multiple locations including Beaver, Buffalo, Cobalt Central, Kerr Lake, Nipissing, and Temiskaming. The list includes entities such as Chamberland, Crown Reserve, Foster, Green Meehan, La Rose, Nova Scotia, Peterson Laks, Right of Way, Silver Leaf, Silver Bar, Silver Queen, and Drethewey with varied price figures and percentages.

Beaver Buffalo City of Catfitt Chamberland Cobalt Central Cobalt Lake Crown Reserve Foster Green Meehan Kerr Lake la Rose lLittle Nipiss McKinley Nipissing Nova Scotia Peterson Temiskaming Drethewey

railroad earnings and securities mixed report 1908

A broad tabulation shows earnings and operations for multiple railroads and related companies as of December midweek 1908 with figures for July 1 to Dec 21 and November monthly data. Canadian Pacific, Reading Company, New York and Other Gas Securities, and various rail lines report gross earnings, operating expenses, and net earnings alongside bond quotations and fleet notes.

Detroit Toledo & Ironton Big Grakye Southern SS Aan ST. Louis & Western Dea Sg Speece Canadian Pacific Reading Company Seca Coal and Iron Company Eee Eeesseesere Eeee Sere Eese Éastecceusdu Iheoecen New York Ut & Tr Kan City Mutua Bingham G NY & ER Buffalo Gas Ap. Mes. .c Paterson & P G Pitts Con Pg&c Lt & Tr Indianapolis Gas Syra Lt & P Jackson Gas Brooklyn Ferry Onion Ferry

Wool Market Volumes Rise in Boston as Prices Hold

Boston wool trade shows increased business with broad inquiry across lines. Domestic quotations remain steady though some figures show minor shifts in fleeces, delaine, and blood classifications across Ohio, Pennsylvania, Michigan, Wisconsin, New York, Kentucky, Indiana, Missouri, and Western states. Scoured values fall within 37 to 62 cents for various grades, while clothing wools and finer staples fetch higher ranges.

Boston Ohio Pennsylvania Delaine Michiigan Wisconsin New York Kentucky Indiana Missouri Texas California Northern Middle County Oregon Valley

Also Mentioned on This Page

Money and Exchange Germany Reichsmarks Paris Belgium France Ewitzerland Holland Fiaieben Ae Pomestic Exchange Chicago Madrid Lisbon Washington Sub-Treasury Clear House Mexican Exchange Chicago Grain and Provisions Argentina Liverpool Bradstreet’s To &c Minneapolis Duluth Stock Exchange Committee U. S. Rubber Bond Notes Toronto Stewart & Lockwood Nange Place NEW York and New Jersey Telephone Company Willoughby Street Brooklyn N. Y Ford Huntington Texas Central Railroad Company Farmers’ Loan & Trust Company D. Comyn Moran Citizens Central National Bank OF New York Board of Directors Albion K. Chapman Minneapolis & ST. Louis Railroad CO Des Moines & Fort Dodge Railroad Company Broad Street F. H. Davis Board of Water Supply Board Broadway Wallkill Wallkill River New Palix Gardiner Ulster County John A. Bensel Charles N. Chadwick Board of Water Charles A. Shaw Z. Waldo Smith Thomas Hassett Deepot Quartermasters Philadelphia 26Th Street Gray's Ferry Road Miladelphia F. G. Hodgson U. S, Army War Department Quartermaster New London Conn Fort 4 G. Wright Fort Manefield R. I Fort Michle R. M. Schofield Engipartment Frederic V- Abbot Col Engin Panama Hail Road Coma State Street Wendell L. Simpson 19Th Inferng, LU. & S Ann Arbor Boston Wool Market Savings ‘Banks 25Th St Lexington Ave William E. Trotter Thomas R. Ebert Buffalo & Susquehanna R. R Gulf & Ship Island R. R Keystone Telephone Co Phila Kansas City Viaduct & Term St. Louis, Rocky Mountain & Pacific Co Peoples Bank of City of New York William Milne Maryland Coal Company H. B. Nedham Merchants Exchange National Bank E. V. Gambier NEW York Central and Hudson River Railroad Company NEW York and Harlem Railroad Company Edward L. Rossiter Union Bag & Paper Company Battery Place W. L. Sparks Garfield National Bank Twenty-third St. & Sixth Ave W. L. Douglass Fourth National Bank Proximo Charles H. Patterson THE BANK_OF AMERICA W. M. Bennet Colorado & Southern System Colorado Springs & Cripple Creek District Railway Company Chemmical National Bank New York City Jas Stewart Mackie Tribune Uptown 6Th Ave Sd Ave Dad Ave Gist St 1St Ave 6Th St 12Th St Tremont Ave Telegraph Ofice Central Trust Company OF New York Francis Lynde Stetson Samuel Norris Messrs Joline J. & W. Seligman & CO Writtam Street Kidder, Peabody & CO Devoyshire Street Mass Wat Street The Franklin Savings Bank 8Th Avenue & 42d Wm. G. Conklin J. Hallock Waring Metropolitan Savings Bank Cooper Institute Wfith Janary Jonathan B. Currey Edward Sherer Citizens’ Savings Bank Bowery, Cor. Canal ST Henry Hasler Henry Sayler Emil A. Huber NEW York Savings Bank N. W. Cor 14Th St Sth Avenue Oeed William Fellinger James L. Wandling Archibald M. Ptz Union Dime Savings Institution Sixth Avenue Greeley Square Charles E. Sprague Francis M. Leake William G. Ross Greenwich Savings Bank E. Cor 16Th St James Quinlan Cant Dutcher Treas HAMPDEN_ ROB Francis M. Bacon, Jr Corith Ave S1th Street Casmir Tag G. F. Amthor Dry Dock Savings Institution Bowery, Cor Andrew Mills WM. F. Patterson Charles Miehling North River Savings Bank 34Th St. Bet Aves Samuel D. Styles Frederick N. Cheshire Charles ¥. Turton Seamen’s Bank For Savings Savings Bank Daniel Barnes George M. Halsey Park Place L.A. Stuart H. F. Hutchinson Plaza Bank 58Th Street Fifth Avenue Borough of Manhattan E. M. Clarke Dey Street American Telephone and Telegraph Company Couny Theodore N. Vail Charles Bustis Hubbard New Jersey Lakewood Lakewood, N. J Golf Links D. P. Simpson Dennis Atlantic City N. K Walter J Traymore Montclair Montclair, N. J Florida En Royal Ponce Doe Leon Augustine Alcazar St Ormond Ormond—on Sreakers Palms Beach Royal Poinciana Palm Beach Royal Palm Nassau Bahama Isle Long Key Miami Cuba Florida Keys Knights Key Stover Statimireo Key Florida East Coast Ave ST. Augustine Fria South Carolina Kirkwood Bereitz School OF Languages Lariem Anch Nem Ave Court St Padula West 108Th St American Andean Teachers’ Agency Mre M. J. Young-Fulton Union Square
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