Clearing House Move Could Admit Trust Companies Next Monday
A House committee called a special meeting for next Monday to discuss admitting trust companies to Clearing House membership. The plan would require full members to hold 35 percent reserves of deposits and place trust firms under Clearing House supervision, aligning them with national banks amid the recent financial flurry.
MENTIONED IN THIS ARTICLE
House
Clearing House Association
Clearing House
Mark Willams
State Banking Department
al Trust Companies
Clearing House Committee
State Superintendent of Banks
Eugeest
Bank Discount Rates Move Across Borders
Paris reports the Bank of France cut its discount rate from 4 to 3.15 percent while Bombey Bank of Bombsey lifts its from 7 to 8 percent today, signaling contrasting monetary tightening and easing between the two centers.
MENTIONED IN THIS ARTICLE
Paris
Bank of France
Bombeur
Bank of Bombsey
Chicago Wheat and Corn Markets Bend To Export Signals
A brisk export and cash grain lift steadied Chicago's wheat pit with May wheat closing around 106 in a session propelled by Liverpool gains and strong overseas demand. Corn fluctuated, turning firmer late on milder weather expectations, while oats dipped slightly. Provisions rose modestly as live hogs advanced and traders eyed tomorrow's scheduled receipts.
MENTIONED IN THIS ARTICLE
Chicago
Jan
Liverpool
Seaboard
May
Echoe Hischer
Minneapolis
Tocal
Shorts
General Market Report from New York 1908 Coffee and Cotton
New York market report shows coffee advancing slightly on higher European cues and steady at Havre. cotton surges on census data with UK and domestic support. Prices for Rio, Santos, and US spot markets trend higher amid moderate receipts and ongoing demand.
MENTIONED IN THIS ARTICLE
New York
Havre
Hambure
To& Pfennig
Rio
Santos Sorets
Cpot
Rio No 7
CHICAGO PRICES AND METALS MARKET SUMMARY
Chicago commodities move with mixed signals as cropland prices hold, while London markets push copper and tin higher. The report notes copper up to £62 spot, zinc and lead softer, and molasses and syrups steady, meat and pork prices steady to higher amid strong hog receipts.
Beans and Peas Prices Steady in New York Market
New York January 9 1908 beans and peas prices steady with moderate jobbing. red kidney slow. California lima steady with arrivals. Scarce creamery butter with firm demand. cheese and eggs mixed with steady to softer tones. Fruits dried steady with limited movement. oranges grapefruits and pineapples show varied but steady quotes. Livestock and poultry receipts up. fowls and turkeys quoted with modest activity and price adjustments.
MENTIONED IN THIS ARTICLE
New York
Rio
Fieur
California
Lima
Express
Farmers Loan and Trust Company Notice
The Farmers Loan and Trust Company lists offices at 16 18 20 and 22 William Street with a branch at 475 Fifth Avenue New York London Paris offices at Bishopsgate Street and Rue de Richelieu offering letters of credit bills of exchange and cable transfers.
MENTIONED IN THIS ARTICLE
Clinton Gilbert
Wall Street
Lawrers
Mtg
Ance Realty
Law T Ins & T
It Surety Co
Ocevcees
Lincoln Asters
Mount Vernon
M Gr Coving
Manhattan
Mercastile Ortee
Mtg Bond Co Car Co of
Morton Ja Ee
Mutual Alliance
Nat Surety Co
Whia
LI & Trazo Bo
NY Mte & Sec
NY Trust Co
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
New York
London
Paris
Bishopsgate St
de Richelieu
Virginia
New Yorks
Fifth Avecas
Broadway
Pennsylvania Railroad
Fred Sterry
Judge Fixes Income Bond Payout in Industrial Co Case
Judge Putnam rules the 507000 Income Bonds receive 542490 dollars each 107 per bond instead of 167 as claimed. The decision ends four years of litigation and receiver control, leaving the company with about 1160000 cash and a 1500000 offer for its charter and machinery. Boston January 10 1908.
MENTIONED IN THIS ARTICLE
Putnam
United States Court
Scarce fowls and varied poultry market activity noted
The report shows active but premium gredes scarce with large roasting chickens mixed with stags, ducks steady, geese dull, and squabs in demand. Prices list dry packed turkeys, chickens, fowls, capons, game, and wide ranges for potatoes and vegetables across Bermuda, Long Island, Maine, and Florida markets with many items at or near steady levels.
MENTIONED IN THIS ARTICLE
Philadelphia
Pennsylvania
Ohio
Michigan
Michiccan
Michierza
Maryland
SiMe
Bermuda
New Orleans
Florida
Long Island
Maine
Western
State and Western
Jersey
State
California
Escarole
Connecticut
Orange County
Okra
Romaine
Charleston
Hubbard
Norfolk
Canada
Hothouse
PO Toledo
Timothy
Allike
Livestock Market Report Youth Beef Calves Sheep and Hogs
Receipts total 109 cars of cattle 1057 head including 106 direct to slaughterers. No trading today and prices steady with dressed beef dull at 14.9 cents per lb. Calves show firm demand with city dressed at 62 cents. Sheep and lambs receipts 91 cars 8455 head with slaughterers 7 cars. lambs firm to steady with mixed offerings sold out. mutton steady around 7 to 7.1 cents per lb. Hogs receipts 33 cars, nominally firm. country dressed hogs steady at 6 to 6.8 cents per lb. Exports today 3409 quarters beef. no London Liverpool advices.
MENTIONED IN THIS ARTICLE
Righ Low
Diesc
Wis
Tito
Gulf
Galveston
Iltic
New Orleans
Savannah
Charleston
Wilmington
Manchester
New York Produce Exchange
New York
West
Winnipeg
Northwest
Canadian Northwest
Minnneapolis
Germany
Hungary
Alo
Liverpool
Seaboard
Duluth
Liverpol
Broomball
Safco Bush
Barlwy
Chicago
Hee Mee
Jenuety Ceoseers
London
Standard Foundry
Cleveland
Northern
Bsec
Philadelphia
Philadelpia
Law
Calcutta
Kansas City
Omaha
India
Sasuc
South America
Brazil
Japan
Patna
Rangoon
Bassein
Muscovado
Santo Domingo
Cuba
Kerns Commission Company
Ohio
Tobin & Shannon
Or Sais
Market notes for cattle and hogs from Buffalo and Chicago
Through telegraph fast Buffalo reports strong demand for prime steers at 540 to 575 dollars, veals active, hogs steady after 6500 head receipts, Yorks and pigs at 475 to 880. Chicago market sees about 8500 cattle with steady to strong trend. steers 390 to 586, cows 82 to 54 50, heifers 250 to 525, bulls 285 to 435, calves 340 to 735, feeders 240 to 454.
MENTIONED IN THIS ARTICLE
Chicago
Hogs and cattle price summaries across markets
HOGS Receipts about 44,000 with market steady to higher in Cincinnati with active butchers and shippers reporting prices around 4.00 to 4.75 for various grades. CATTLE steady with shippers paying 4.60 to 5.50 for choice and prime ranges. SHEEP and LAMBS show strength with lambs near 5.75 and yearlings around 4.68. Kansas City cattle receipts 6,600 head with mixed offerings. market tone varied by grade and weight.
MENTIONED IN THIS ARTICLE
Cincinnati
Pittsburg
Kansas City
Jan
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Learing
Baltimore
Ty van Sch
T & Co
Norf Ry & L Ss
Gheeve
Light & P
Chas
Cent Trust Union Trustance
Third Nat Bank
Fidelity & den
Ic of
Cologne
Munich
General Market Report
Exchence
United Stas
Europe
Santos
Fim
Thambure
Country Produce Markets
Keifer
Sateumas
Oregon
Pacific Coast
Sonoma County
New York State
Do State
Toduy State
Stoceholders
Boston
North River Savings Bank
Samuel D. Styles
Frederick N. Cheshire
Charles F. Torten
Union Dime Savings Institution
Sixth Avenue
Greeley Square
Charles E. Sprague
Francis 31. Leake
William G. Ross
Empire City Savings Bank
West 125Th St
Isaac A. Hopper
Arthur T. Timpson
Citizens’ Savings Bank
Bowery, Cor. Canal ST
Henry Hasler
Henry Sayler
Emil A. Huber
NEW York Savings Bank
N. W. Cor
St. and
8Th Avenue
William Fellinger
James L. Wandling
Archibald M. Pentz
Greenwich Savings Bank S. EK. Cor
6Th Ave
16Th St
D&v
James Quinlan
Charles M Dutcher
Hamyden Robb
Soereuner
Harlem Savings Bank
12Th ST
Third Ave
WILLIAM E._TROTTER
Thomas R. Ebert
East River Savings Bank
N. Y
Dick S& Ramsay
Chas. A. Whitney
Telegraph
San Francisco
L. H. Nutting
G. EP. A
Lakewood Hotel
Lakewood, N. J
Lakewood
Aden
Reaith
F— B
Lakewou
James N. Berry
Atlantic City
WALTER J. _BUzBY
Marlborough - Hienbeim Atlantic
J. Josiah White & Sons
Traymore
Ocess
Rea Traymore Hotel CO
Chas. O. Marquette D. & Whits. Anager
Chalfonte
LEEDS
Montclair Montclair
Montclair
Browns Mills
the - Plyes
New Jersey
East
New York City
Browns Milla
Ponce DE Leon Alcazar Ormond
the Breakers
the Colonial
Enichu
Havas
Adays
Ro and
Key West
Theweta Hotel
Ping
Partor Eamers
Georgia
Hampton Terrace
Augusta, GA
C. A. Lensley
The
Tribune
Everve
Vin
8Th Ave
Cor
Zid
Eith St
14Th
125Th
Téth
Tit Kis
Gist
1St Ave
Sotm St
128Th
City Hotels
HOTEL
56Th ST. 4& Select Family
Musiy William P. Chase
Inter Eapor
Gist St
Gt Ave
S0th St
125Th St
Tremont Ave
Do Oli
Plour—Wister P Don
Cumberland
Prime Western