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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jan 11, 1908
Page
6
Receipts for the day total $2,714,182 with expenditures $2,380,000. Month to date receipts $15,482,768 and expenditures $17,480,000, excess $1,987,232. Year to date receipts $332,895,397 and expenditures $34,196,933, excess $11,300,556. Sub Treasury shows the Clearing House debtor $542,140.
Money on call opened at 3½ per cent, closing 3¾ per cent, with rates for 60 days at 6 per cent, 90 days 6 to 7 per cent, and six months 6 per cent. Mercantile paper firm for top grades. foreign exchange opened steady near 4.86 per dollar with demand sterling around 4.85. Bank clearings reported for New York, Chicago, Philadelphia, Boston. silver and gold premiums noted. Mexican exchange and government receipts listed.
Andrew J. McCormack Auctioneer Adrian H Muller & Son announce sale on Wednesday January 15 1905 at 12 o clock in the Exchange Salesroom Vesey Street. Account of whom it may concern lists numerous securities including $1000 Chicago Junction Union Stock Yard 5% bonds 1915 and $2000 Buffalo City Gas Co 5% mortgage bonds 1947 plus other listed railroad and utility issues.
The Corn Exchange Bank in New York City schedules its annual meeting of shareholders to vote on electing directors and inspectors and to consider a resolution reducing the board from eighteen to sixteen. Polls open 12 noon to 12:30 PM on January 21. The Standard Safe Deposit Company of New York also calls its regular annual meeting January 21 at 11 AM to elect directors and conduct other business.
The American Smelting and Refining Company directors declare a 2 percent dividend on common stock payable January 15 1908 to holders of record December 27 1907. Books close at 3 PM December 27 1907 and reopen January 2 1908. Secretary W E Merriess signs.
Wells Fargo & Company announces a semi annual dividend of five percent for 1907. Transfer books close December 31 and reopen January 26, 1908. Secretary Pappsons signs the notice in New York.
Notices announce annual meetings for stockholders to elect directors and officers at multiple New York firms. Dates include January 10 1908 notice for insole company, January 13 1908 for stockholders meeting, January 27 1908 for Manhattan Brass Company, January 14 1905 for Garfield National Bank, and January 18 1908 for Plaza Bank with open polls from 1 to 1 on that day.
A pasted OCR shows a jumble of names, places, and monetary amounts likely from an old auction or ledger. It references Nova Scotia, Central, Leake, Cobalt lakes, Silver Queen, and several personal or property names. exact items, dates, and full context are unreadable.
Morning gains of 1 to 3 points gave way to a broad afternoon decline as market momentum waned after several days of rise. Reading led the advance, while Union Pacific and Southern Pacific reports triggered extensive selling. Southern Railway stocks and bonds fell sharply amid persistent rumors of financial trouble.
Yesterday's bond prices and yields were reported alongside Thursday's figures, showing changes in government securities. Market sources note shifts in treasury notes and notes across maturities, with yields adjusting in response to trading.
London reports a firm market for American securities with final prices and dividends. Interest rates across Europe show call money in London at 4 percent and discounts in Berlin and Paris, with exchange rates and foreign securities like British consors and French rentes listed.
The readable fragments reference Bavarian and Hamburg areas with numbers and place names such as Munich Augsburg Cologne and Cologne. Mentions of government bodies, a 93 and 81 figures, and various codes appear but lack coherent context or full sentences.
The market for outside securities rose with mining stocks leading gains. Standard Oil, American Tobacco, and Northern Securities stubs rose, while Nevada Consolidated and Cumberland-Ely fell after early strength. Bonds also improved with Adams Express, Allis-Chalmers, and New Haven advancing.
Imports and marketings of drygoods this week compare with last week and last year. Total imports amount to 501,857 with 83,062 and 587 in prior periods. Marketings show figures around 347, and per others unclear, reflecting weekly trade activity.
A partially readable ledger lists assets and liabilities including bonds, mortgages, real estate holdings, due from trust companies, and various forms of money. The fragment references securities in lawful money, accrued interest, and a suspense account, with totals indicating substantial sums and gaps due to incomplete text.
James Quinan president Charles M Dutcher treasurer Hampden Robb secretary state that any dues made on or before January 10 1908 will earn interest from January 1 1908. This notice outlines the early payment benefit for members.
Foreign houses bought about 15,000 shares led by Reading and United States Steel preferred with London market strength noted. Currency movements show a bank cash gain of 10.34 million dollars with substantial interior receipts and transfers. NYC revenue bonds syndicate advances, Manitoba government takes over Bell Canada Manitoba telephony for 23.4 million dollars. Grain exports for the week rise with Wheat and Corn totals. Buffalo & Susquehanna orders new steel cars and locomotives totaling 1.4 million dollars as new equipment ships.
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