Trading near standstill on Produce Exchange mining market
Trading nearly halted in the mining section of the Produce Exchange yesterday as activity stalled. The day included a single Emily transaction of 19 shares of Goldfield Consolidated at TH, while bid and ask prices remained incomplete.
MENTIONED IN THIS ARTICLE
Produce Exchange
Emily
Goldfield
Currency Certificates Planned by Clearing House Group
Drones ion to Tur Clearing House Association will vote on issuing currency certificates similar to gold certificates. The plan, proposed by Asander Gillett, aims to handle the accumulation of small bills and provide convenient small denominations for members in emergencies.
MENTIONED IN THIS ARTICLE
Tur Clearing House Association
Sue Clearing House
United States
Clearing House
Asander Gillett
Clearing Moves Association
Toledo & T reorganization plan announced
S Mills, secretary of the Toledo Railway and Terminal bondholders committee, said the November plan had been accepted by 3166 of 221 bonds and deemed operative. A new Toledo Termine Railroad Company is formed, with a $1000000 capital stock and 4 percent fifty-year bonds. Pere Marquette Railroad agrees to buy $110,000 of bonds at par.
MENTIONED IN THIS ARTICLE
Im S. Mills
Toledo Railway & Terminal Company
Toledo Termine Railroad Company
Pere Marquette Railroad Company
Ohio
Pere Marquette Raittold Company
Receiver named for Italian banker Ferrara
Lawrence S. Houghton, longtime U S district attorney, was appointed receiver for the business of Emanuel J. Ferrara the Italian banker and steam ship agent of 46 East street His bond and bankruptcy petition show about 60000 debt and 9000 assets with nearly a thousand Italian workers listed as depositors in the bank.
MENTIONED IN THIS ARTICLE
Larence S. Houghton
Nho
United States District Attorney's Office
Emmanuel 3. Ferrara
Eastth Street
Oye
Ferrara
Mondey
Stock Market Advances Amid War Dividend Delays
Despite unfavorable war related dividend delays in industrial and copper sectors, the stock market rose with broad participation. About 1.6 million shares traded across 158 issues, New York Central gaining up to 4 points to 103 on a 29 million dollar equipment trust note offering. Copper names edged higher as Amalgamated Copper and American Smelting rose, while bank reserves were rebuilt and call money stayed tight at around 4 percent.
MENTIONED IN THIS ARTICLE
New York Central
United States Steel
New York Metal Exchange
Mercantile
Money Market and Exchange Rates Reported By The Bank
Money on call opened at 4 percent with highs near 4 3/4 percent and lows around 3 1/2 percent, last loan 4 percent. Time money rose on improved conditions with 6 percent for several terms. Foreign exchange opened steady. cables 4.8646, demand sterling 4.5345, sixty-day bills 4.814. Short francs around 5.18 and reichsmarks near 4 1/16 to 4 11/16 percent. Bank rates show sterling around 4.62–4.60, reichsmarks near 9 3/78, Paris francs 5.22, Belgium francs 5.25, Switzerland francs 5.23–5.18, Holland guilders 4.05. Domestic exchange cites various city premiums and discounts. Government receipts show daily and monthly figures with a year-to-date excess of expenditures. Sub-Treasury records show a clearing debt of 1,204,413.
MENTIONED IN THIS ARTICLE
Mercantile Paper
Germany
Reichsmarks
Paris
Belgium
Switzerland
Holland
Boston
Chicago
St. Louifs
San Francisco
New Orleans
Cincinnati
Savannah
Madrid
Lisbon
New York
Washington
Sub-Treasury
Bub-Treasury
Clearing House
Outside Securities Market Moves Higher Amid Brisk Demand
Speculation in outside securities remained brisk with prices trending up. Copper stocks led gains amid solid inside buying as Standard Oil rose 15 points and Havana Tobacco climbed 4 percent. Mining shares Cumberland Nevada Consolidated and Tri-Bullion saw strength, while United Copper and United Rice showed active demand. In gold stocks demand improved and bonds including New Haven and Adams Express moved higher.
MENTIONED IN THIS ARTICLE
Standard Oil
Havana Tobacco
Chicago Subway
Cumberland and
Nevada Consolidated
Greene- Cananea
Nipissing
United Copper
United Rice
Goldfield
New Haven
Adams Express
Consolidated
Ex dividend and foreign money market notes
Reported call money in London at 4 percent and open market rates for short and long bills. Berlin and Paris discount rates cited, Paris exchange on London at 19 centimes per franc, Berlin exchange on London at 24 shillings. British consors rates, French rentes quoted in francs and centimes.
MENTIONED IN THIS ARTICLE
London
Berlin
Paris
Paris Exchange
Bargold
Tis Sd
British Consors
Government Bonds Close Prices and March Yields
Yesterday's closing quotations for government bonds are shown, compared with those for Mor days. The report lists bond names, prices, and yield changes, highlighting shifts in the debt market and investor sentiment amid the latest trading session.
Railroad earnings report for several lines in early Jan
Highlights show first week of January figures for Louisville and Nashville Rio Grande Southern Wheeling and Lake Erie United Railways of St Louis and other lines. Totals include net earnings and tax depreciation figures with December 1907 details and annual surpluses for multiple railway companies.
MENTIONED IN THIS ARTICLE
Louisville & Nashville
RIO Grande Southern
Wheeling & Lakes Erie
Sais
Iweso
United Railways OF
ST. Louts
Gress and Other Inc
Inc
Exports of Merchandise Report Dusty Parcel Details
Export figures show merchandise shipments with mixed values from January to January. The fragment references quantities and a large figure, but lacks complete context, dates, or destinations for a coherent summary.
Topics of the Street and Market Moves Across 1920s Stocks
In London trading for a new account about 12 060 shares were purchased including Union Pacific and United States Steel as American stocks showed strength but closed below intraday highs. The general market was firm with notable moves in copper prices on the New York Metal Exchange and changes in corporate boards and dividends.
MENTIONED IN THIS ARTICLE
London
Amer
Fean
New York
Cinse
Equivaiest
Cloee
Atchison
Canadian Pacific
Niinets Cetet
Louisville & Nasoritis
Nadgereesce
Central Ne
Pennsylvania
Wits
Reading Pacific
Pacific U & Steel
Union Pacific
United States Steel
Standard Oil Company of
New Jersey
Twenty-third Ward Bank
American District Telegraph Company
New York Metal Exchange
Lake
Gaglic
Seaboard Air Line
William A. Read
Haley Fisk
Seaboard Air Line First Mortgage Bondholders’ Committee
Red
J. W. Middendorf
NEW Brooklyn City Railroad
Br Im City Railroad Company
Henry Evans
Hirem R. Steele
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Bankers and Brokers
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the Times
Stock Exchange
America
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al Preumatte
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Tis Sec Cranne CP & F
Ss & AP
Cent Leather Sa' Ieee
Ing. i
Chiconion
Ted M
I U0
Steel
Steel ON Now Do Consees Do Grad Ref 4S. As | de Pref { — — W 2.000|Bay State Gas
Amie dC
St L
Sarg
Phil Receipts
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J. O
Elec St Rat Co
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Penn Steel Co
Fairmount Trac
Tenn Coal & Inn
Phila Elec Co
Texas & Pacific
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Ins Co
Third Ave RR
Lake A Corp
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Ber
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Treeesee Ee
van Schaick & Co
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Consol Gas
Maryland Trust
Ae Fia
IMAI
Ever & Co
Mts
iCoupon