London and Paris Bank Rates Cut Amid Market Hope
The Bank of England lowered its discount rate from 5 to 3 percent as conditions improved globally. Gold inflows from abroad and anticipated continental rate cuts buoyed markets while the Bank of France also reduced its rate from 3 1/4 to 3 percent, easing private lending rates.
MENTIONED IN THIS ARTICLE
London
Bank of England
Inyot
Australia
Bar
Germany
America
Argentine Republic
London Stock Exchange
Paris
Bank of France
Stock Market Closes Lightly With Declining Prices
Trading was light at the close with prices down. The session recorded $1,769.00 and monthly receipts of $36,273,104 against expenditures of $11,020,008, an excess of $4,746.89. Year to date receipts totaled $358,685,704 with expenditures of $67,735,992 and an excess of $14,000,199. The Sub-Treasury showed a debtor balance to the Clearing House of $2,670,840.
MENTIONED IN THIS ARTICLE
Sub-Treasury
Clearing House
Money market and exchange rates report summary
Money on call opened at 2 percent with late quotes near 2 percent while demand remains light and supply ample. Time money unchanged with rates for 60 to 180 days and mercantile paper in moderate demand. Foreign exchange steadier with sterling around 4.87 and cables about 4.57, short francs around 5.16, short reichsmarks near 9 percent. bank rates show mixed premiums and discounts. Domestic exchanges in several cities show varied premiums and discounts. silver and gold prices listed. government receipts and expenditures totaled about 1.93 million dollars.
MENTIONED IN THIS ARTICLE
Mercantile
Reichsmarks
Biber
Germany
Reichemarks
Bagig Bance
San Meigium Francs
Switzerland
S.serssevees
Holland
Chicago
St. Louis
San Francisco
New Orleans
Cincinnati
Savannah
New York
Philadelphia
Baltimore
London
Madrid
Lisbon
Washington
Letters of Credit and Transfers Office Addresses Listed
Executor chartered 1822. The Farmers' Loan and Trust Company announces branch offices at 16 18 20 and 22 William Street New York and 475 Fifth Avenue. London Paris addresses included with letters of credit bills of exchange and cable transfers offered.
MENTIONED IN THIS ARTICLE
Clinton Gilbert
Wall Street
Aliiatce Realty Im
Mis Ord
Iss Am Surety Co
Law & Ins & T
Lanecsin
Mount Vernen
Zim
Manhattan
Mercantile Neo
Ay Morton Ae
Matus
Renity Das
Mutual Alliance
Oh Tovesting
Nassau . A
Amis
Nat Surety Co
Commonwealth
Yas Standard Trust
Fifth Avenue
Union Tr Co
United States
Ico
Im Trust Co
I van Norden Ae Realty
Washington
Modeon Trust
Westchester
Bke Corp Am Wé&Ébutem
Windsor Avicodin
Farmers’ Loan and Trust Company
William Street
New York
London
Paris
Bishopsgate St
Rue de Richellieu
Foreign trading, dividends, and stock exchange notes
Foreign houses bought stocks on a small scale then sold on balance as American equities closed with gains after rate cuts. Dividends were declared by Pressed Steel Car Buffalo Rochester & Pittsburg Railway and Eastman Kodak. Exchange memberships added Frederick Cochran and others. Montana and Montgomery noted. Financial calendar for 1908 expanded with 1300+ corporations listed. Rock Island bonds attract small investors. Price of light rails cut by Carnegie Steel. Alden elected vice-president of New York Produce Exchange Bank.
MENTIONED IN THIS ARTICLE
Adams Aeens
Allis Hal Ce
Vale
Kan City Foot
Louis & Xanh
Manhattan
M & St L
T&s
Amc & Far
Kan & Tex
Missouri Pac
Rorn
Towa Cent
Amer Steel
Am Express
FS & M
Doe
Ian
Lee RT
Tentral
Amer ‘Tel & Tel
Ba Yey
Amner Woollen
Ain Emelt
Ann Arbor
Ontario
Pacific Coast
Atchison
Penn Railroad
Pitts
Alb & Oy Hwan
Batopilas
Balakiala
Balto Obie
N & St Las
Beth Fehern Steel
Ata& SF Adj
Kkivn
Brooklyn
Braunsewick
NY &H
Canadian Far East
Rock Island
Brunswick
Buff R&p
Hes & Rynto
L&s
Iner A
Tim
Butterick Co
Ralaklala
East
M&o Prim Seouthern
Norf &W
Texas
Ches & Ohio
Tol & South
iChicago & Alton
de & Hudson
Red & KR
High- Leon- Last Erie
Sire
Hse
Gen Electric
S Steel
Atlanta
Utah
Best & Bel
iVaCar Chem Wa Soon
Comstock
West Mire
Goldfield
Mt & Se Saal Do
Lone Star
Aeve
Cleve & Pitts
Montgome
L&s F
Coal Fuel & Iron Mt
Red Hill
Ao Jaran
Br& WD
Col & Southern
Penn
jCol & HC Do
L & SF
Consol
T & Steel
del & Hudson
South Ry
Bush
Asics
Denver &Rg
Lon Tex & P
Detroit
jEvans & TH
Casuas
Us Steel
Granby
Joao Chem Co
D& M
Ghees
Am&É
RSM
Havana
Hocking Valley
Illinois Central
Westingh
West Shore
Kanawha & M
Do AG
Kansas City
Sul
Keokuk &D
Towa
Laclede Gas
Lake Eri
Long Islande
Louis & Nales
Mackay Cos
Do Re
Tan
Saas
Minn & St Louis
Bos
Spé&Ss Senbine
Nash & Chait
Panama Canal
Biscuit
Natan & Stogoe
Deerie
Newhouse M&s
Chi & Ame Bom
New York Dock
MIN Ynith&h
NYO & W
Norfolk & West
Do Certia
Pacific Yall
Peorin
Peapie’ S
Géc
Pittsburg Coal
Railrad
Ry Stee
Sorin
Oss
Real Rock Island
Rowland R Tr
Ing
St L & S'west
Seare-Roeb
Amy Mn
Pacific
R. T. Day & Co
Wall Strest.y Ern
Jan Jae
SAN Best & Albany
Boston
Estandara
Mag
Cal & Hecla
Tenn
Cfraus
Centennial
Tenn Coal & 1
Fitchburg “Io
Texas & Pacific
Brydo Land Trust
Rys
Rim
Osceola Men
Twin City
Wolverine
Inv
U & Smetters
Arcadian
Sci &F
Atlantic
Chicago
Indianapolis
Louisville
Shannon
Hity & Imp
Philadelphia
Charles D. Barney & Co
Utah Copper
Corenee Lehigh Val R Ree
Oo Cambria Steel
Phila Co
Va Iron C & — Mo Con
Wabaehae
Elec St Bat Co
Pean R Co
Elee Co
Penn Steel Co
Wells Fargo
Fairmount Trac
Maryland
Phila Elee
Wheeling & Lake Erie
West Union Tel
Westinghouse
Wv Ag
Ins Co
Phila Raper
Miles
Wheeling & IL
Lake Ben Corp Do Ae
Union Traction
Lehigh
Nav Welzbach Co
London
Consoig
Pressed Steel Car Company
Buffalo, Rochester & Pittsburg Railway Company
Eastman Kodak Company
NEW Exchange
Frederick Cochran
Perley L. Freeman
Stock Exchange
General Electric
Price
Isanes
Billy
Carnegie Steel Company
Pittsburg
H. Alden
Adelbert B. Alden
New York Produce Exchange Bank
Stock Market Drifts With Mixed London and Paris Rates
The stock market moved slowly with little total volume around 500,000 shares and a mostly professional turnover. American Smelting and Refining led the declines, while the Bank of England and Bank of France rate cuts influenced London and Paris more than New York. Call money hit record lows as time money eased, and gold exports may begin modestly despite abundant local funds.
MENTIONED IN THIS ARTICLE
Busness
England
France
London
Secretary of the Treasury
New York
Bank of England
Bank of France
Paris
American securities abroad market report from London
London market closes slightly higher for American securities with final price levels shown for major names. Foreign money rates, exchange rates, and European discount rates listed, along with British and French securities prices and exchanges.
MENTIONED IN THIS ARTICLE
London
Amertic
Foreign Bank Returns From London and Paris
London and Paris weekly bank returns show shifts in reserves, deposits, and discounts. Bank of England reserve ratio rose to 5.80 percent while discount rate fell from 5 to 4 percent. Bank of France reports declines in circulation and treasury deposits, with discounts and advances decreasing and the discount rate cut from 3.14 to 3.4 percent.
MENTIONED IN THIS ARTICLE
London
Bank of England
Paris
Bank of France
Treasury
Outside Securities Dip and Dither in Late Trading
Irregular tendency marked the speculation in outside securities with sporadic firmness. Trading remained fair as late sessions showed fractional gains for mining leaders Nevada Consolidated and Cumberland-Ely while Butte Coalition and Butte-New York weakened.
MENTIONED IN THIS ARTICLE
Nevada Consolidated
Cumberland-Ely
Butte Coalition
Butte-New York
United Copper
Trinity
North Butte
Nipissing
Greene
Consolidated Arizona
Furnace Creek
Standard Oil
Chicago
Mining stocks trade muted on Produce Exchange
Trading was quiet in the mining market on the Produce Exchange yesterday. Total transactions amounted to 2.40 shares across six issues, including Branch Mint Blue Bull Greater Nevada United Copper Dolores Nipissing, with bids and asks quoted at low multiples and cents per share.
MENTIONED IN THIS ARTICLE
Lige
Blue Bull
Nevada
United Copper
Dolores
Nipissing
Also Mentioned on This Page
First National Copper Co
Balaklala
J. Thomas Reinhardt
Broad ST
N. Y
Penn-Wyoming Copper ‘Company
Swasey and ‘Company
Broad Street
Redmond 2
Pine St
American Bank Note Company
Trinity Place
Schmidt & Gallatin Investment Securities
N.Y. Stock Exchange
Broadway
New York City
Banoer
Wall ST
The
Wall Street Journal
Oward Lapslet & CO
Fr. Melran
Howard Lapsley & Co
Seulf
la Jarears Ltd
O. Richards
Urvieheavy
Exchange Place
Farm Aire
New
Butte & Landon
Ely
Hutte
Laramie
McKinsey
Sup & Pitts
Ngecable
Ntouye
Tregistered
Eyer &O
Wen Street
Money and Exchange
Consolidated Exchange Sales
A & Fe
Bkiyyn Rap Tran Neers
Mil & St Paul
TiSte
Col Fuel & Iron
Dist Securities
Erie
Sestosse
Gt Northern
Louis & Nasas
Mo Kan & Texan
Mo Pacific Oe
Ecseas
Nor Pacific Ebeede
Pennsylvania
Adebteont
Southern Pacific
Southern Railway
Union Ener
U 6& Steel
American Securities Abroad
Canadian Pacific Ie
Ly St Fouks
Bitte
Souis & Nash
New York Central
Union Parific
United States Steel
Berlin
Paris Exchange
Bargold
Berlin Exchange
Tio
Ine
Fr al
Foreign Bank Returns
Au Ae
Swartwout & Appenzellar
Yick Am Cigar Co
Mit Sl BO i Am Cigar Co
Tel
Coast Line
Che
Ohio
Dune
Anna Steel Mo
Anna Steel Co
Oe& Nash - Rspc
R&s
BO O Pac Ry
RRS
Per Corp
Outside Securities
Industrial
Bay State Gas
Consol Steamship
Manhat Transit
Manhat Securities
Chicago Subway
Adams
Alaska
Allouez
Butte Coalition Nk
Butte & NY
Butte & London
Cumberland-Ely Sta S
Davis Daly
tDiamondfield
Goldfield Daiay
McKinley-Darr
New Utah M & 3
Nipissing M Co
Super & Pitts
Trethewey
Trinity Copper
Union Mines
Rico 1
Cloud M & M
Produce Exchange
Tonopah
West End
Dixie Shedgeoe
Bay
Esperanza Ltda
Goldfield Daisy
Great Bend
Guanajuato
Kendall
United Copper BersaSi
Nevada Hills
Yneepe Banks
St Ives
Belmont
Nevada Con
Jim Butler
Adama Oo
MacNamara
Midway
Bluse Beil
Mortana Ton
North Star
Booth
Miscellanegus Securities
Frederic
Hatch
Lora
Taylor
Bem-P
Otis Elevator
Barney
Selswees
Pitts & LE Pope Mig
Aacees Bay State Gas
Colt’s Arts
Lewes
Pratt & Pref
Royal Bak
Seaboard Co
Chesebro Ual
Singer Mix Co
Sane
Loth & Ud
Empire Steel
Trenton Pot Greene Cananea
Hall Signal
aTrier
Union Ferry
Hudson Rie Tel
Inter Salt
Stetson
Vhaick & € O
United
Seaboard
Union Trust
Fidelity
Consol Gas
Maryland Trust
Century
Wills, Stewart & Co
Buffalo Sans
Coniagas Mma
Foster Green Meehan
Kerr Lake
McKin-Dar
Red Rock
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!