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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jan 27, 1908
Page
2
A dated list of miscellaneous securities and bank exchange sales shows various issuers including Cramp Electric, Manhattan, Royal Bank, and Simeon Mfg among others. The record outlines bond coupons, prices, yields, and registered statuses with a summary of New York Clearing House and stock exchange activity for the week, noting comparisons to the prior two years.
The market shows dulness and falling stock prices after a prior panic, with profit taking, short selling, and liquidation weighing on values. Banks regain reserves, money is cheap, and railroads curtail activity as investors await U. S. Steel results and a potential rebound in bonds and overall business.
A chaotic OCR filled with stock listings, week totals, and year highs and lows shows varied data for railroads, utilities, and mining companies. Key names include Bethlehem Steel, Amalgamated Copper, American Tobacco, Canadian Pacific, Denver & Rio Grande, and Missouri Pacific with weekly and yearly price ranges, net changes, and earnings figures.
A condensed telegraphic list of trust and surety company bids and asks across multiple firms and locations. Includes Alliance Realty, Aim Surety Co, Bankers, Brooklyn Metropolitan, Carnegie Bond Co, City Investing, Columbia, Equitable, Empire Trust, Fifth Avenue, Hudson Trust, Home Trust, United States Trust, and others with bid and asked values. Reflects market quotes and firm names.
Chartered 1822 and listed at 16 18 20 22 William Street with a branch at 475 Fifth Avenue New York. Also notes London Paris offices at 18 Bishopsgate Street and 78 Rue de Richelieu with Letters of Credit Bills of Exchange and Cable Transfers.
The Tribune reports second week January gross earnings from forty two railroads. Twelve show gains totaling 71 485 or 2 8 percent while thirty show losses totaling 1 285 908 or 19 3 percent. Overall income falls 1 214 502 or 13 2 percent. A third week January cross earnings from ten railroads shows four gains 198 813 or 37 0 percent and six losses 297 758 or 12 6 percent, with a total loss 98 945 or 2 8 percent.
A long string of notices from The Atchison Topeka and Santa Fe Railway Company American Locomotive Company New York Central Hudson River Railroad Buffalo Rochester and Pittsburgh Minneapolis St Louis Reading Company and others declare quarterly or special dividends on preferred or common stock. Dates center February 1908 payments to stockholders of record mid January to early February 1908. transfer books close around January 6 or 15 and reopen later in February.
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