National City Bank Engages $900,000 Gold for Paris Shipment
Gold to the amount of $900,000 was engaged for export to Paris yesterday by the National City Bank. This marked the first Europe shipment this month and the first to Paris since June 17. Imports of gold since April 15 total $45,890,000. The assay office stock was nearly exhausted and refining losses reduce bar availability, forcing exports to rely on coin from the Sub-Treasury unless exchange rates rise.
MENTIONED IN THIS ARTICLE
Paris
National City Bank
Europe
Bretagne
Assay
Assey Office
Petition seeks to force continued guarantees by New Haven Railroad
Boston July 15 a petition filed in the Supreme Court of Massachusetts asks that the New York New Haven Hartford Railroad be required to continue the guarantees assumed by the Consolidated Railway Company of Connecticut When the latter entered into an agreement with New England Investment and Company Kidder Peabody Co of Boston leads the filing The petition states the Consolidated Company guaranteed semi annual dividends at 4 percent and $10 per share on liquidation It claims New Haven has not issued a certificate guaranteeing interest on the new stock and that similar Massachusetts and Connecticut moves aim to secure the securities status with high legal opinion cautionary notes on the corporate duties and securities remain in focus.
MENTIONED IN THIS ARTICLE
Boston
New York, New Haven & Hartford Railroad Company
Consolidated Railway Company of Connecticut
New England
Supreme Court of Massachusetts
Kidder, Peabody 4@ Co
Consolidated Company
New England Company
New Haven Company
Consolidated v. Kidder, Peabody & Co
New Haven
Kidder, Peabory & Co
Consolidated Railway Company
Connecticut
Meacker& Co
New York
New York, New Haven & Hartford Railroad
Massachusetts
Byrnes comments on New Haven stock sale
Boston on July 15 Vice-President Byrnes of the New Haven road said the New Haven did not aid in financing Mr Billiard vestment of Boston and Maine stock. He added Billiard may vote his stock without harming New Haven and is bound by no obligations to vote in any particular way.
MENTIONED IN THIS ARTICLE
Boston
Byrnes
New Haven
Boston & Maine
Billard
Billiard
Interstate Commerce Commission rules carriers must serve traffic
Washington July 15 The Interstate Commerce Commission ruled that common carriers must heal the traffic offered and provide facilities and reasonable rates. The Star Grain and Lumber case against the Atchison Topeka Santa Fe Railway established joint rates for yellow pine lumber from cotton belt points to Santa Fe locals and defined divisions among carriers while protecting connections and producing territories.
MENTIONED IN THIS ARTICLE
Washington
Interstate Commerse Commission
Star Grain and Lumber Company
Atchison, Topeka & Santa
Santa Fe
Teigonadle Raies
Bell System May Report Shows Strong Earnings Growth
The Bell telephone group reports May results with higher net earnings and operating revenues compared to prior periods. Key figures include total net earnings around 14.8 million for May and five months, with maintenance and tax costs rising, while available rates show solid gains amid ongoing operations. The document details monthly and year-to-date changes, highlighting notable increases in earnings and revenue across associated companies.
MENTIONED IN THIS ARTICLE
Associated’ Bell Telephone 1Rd
American Telephone and Telecaph Company
Mn Ee
Inc
Ermings
Amitabie Tor Am-Wie
Eamzhere
Penses ” Bears
Riera
Mason of
Notes sale seals control of Ann Arbor Railroad
Detroit Toledo & Ironton five percent notes worth 1 208 000 par were bought in for 100 000 amid a single bid by H B Hollins Co and associates who recently acquired the loan. Underwriting participations faced a protest by Joseph W Gross via Guggenheimer Untermyer Marshall, who said he would challenge the sale. A separate 4 000 block sold at 40. The Ramsey committee expects to control the railroad at the August 15 annual meeting and separate Ann Arbor from DT&I.
MENTIONED IN THIS ARTICLE
Detroit, Toledo & Ironton
H. B. Hollins & Co
United States Mortgage and Trust Company
Joseph W. Gross
Guggenheimer, Untermyer & Marshall
Gross
Ramsay Committee
Ann Arbor
Ramsey Committee of
Rogers optimistic on market after six week absence
H H Rogers appeared in the financial district for the first time in six weeks and spoke at the Amalgamated Copper dividend meeting. He praised improved steel and rising copper output, predicting a future rebound though copper had not yet matched steel. Rogers had been at his Fairhaven, Massachusetts home during his absence.
MENTIONED IN THIS ARTICLE
H. H. Rogers
Financial
Wall Street
Rogers
Fairhaven
Maes
Notes of the Mines and Butte Stock Revival
Stockholders of North Butte Extension Company report miners paid back wages and removals of property attachments. New interests plan a note issue to pay all claims and restore producing operations. Loans secured by stock resolved, reducing market risk. Fresh investment from Butte & New York, led by Leonard Field, boosts NY curb activity. Nichols Copper Company receives 150000 pounds of matte from Douglas Copper Company awaiting assay settlement.
MENTIONED IN THIS ARTICLE
North Butte Extension Company
Butte
Butte & New York Company
New York
Leonard Field
Jackey’’ Field
New York Stock Exchange
Nichols Copper Company
Douglas Copper Company
Assars
Trust Companies' Resources Grow in New York State
Albany July 15 An official State Banking Department report shows trust companies in the state increased resources by over 20 million dollars from March 2 to June 17. The 88 companies reported total resources of 1 272 72 49 with deposits rising to 992 454 982. The statement also notes large increases in due from reserve depositories and interbank balances since March, reflecting a stronger trust sector.
MENTIONED IN THIS ARTICLE
Albany
State Banking Department
Notices of Shutdowns Hit Two Plants in Northeast
Bristol R J reports indefinite shutdowns at Herreshoft Manufacturing due to lack of orders. In Franklin NH about 100 workers to be laid off Saturday as International Paper parts plant halves work. Mill B closes with 75 workers affected and pulp mill No 4 to shut down, 25 more job losses.
MENTIONED IN THIS ARTICLE
Bristol
R. J
Herreshoft Manufacturing Company
Franklin
N H
International Paper Company
Iron Trade Conditions Report From The Iron Age
The Iron Age notes a slow but steady market gain, with steel mills near capacity and export low. Bar iron wages settle, puddlers face reductions, and production resumes at six blast furnaces. Prices vary across regions, with improved finished lines but overall demand limited to immediate needs. A second conference with unions is planned.
MENTIONED IN THIS ARTICLE
Steel Corporation
Durin
Bar
Union
Birmingham
Chicago
Ohio
Iron Trade Review
West
Iron and Steel
Ohio Irons
Pac
Pennsylvania
Pittsburg
Cleveland Cast Iron Pipe
Republic Iron and Steel Company
Amalgamated Association
Railroads report US totals for year ended 1907
Interstate Commerce Commission data shows railroads earned net income of 449,461 and total receipts of 2.589 billion dollars on 227,454 miles of line. Freight and passenger traffic rose sharply while dividends reached 308 million and injuries or deaths remained a concern with a fatality rate of one per 1.43 million passenger trips.
MENTIONED IN THIS ARTICLE
Washington
Interstate Commerce Commission
Chicago grain and provisions shows mixed wheat fall
In Chicago on July 15 cooler Northwest weather pressured the wheat market with September futures down 0.5 to 1.5 cents while corn rose. Oats slipped, provisions rose modestly as packers boosted demand. Wheat and flour clearances reached 148,200 bushels, primary receipts 620,000 bushels. corn trade dull with firm nearby months. oats weak on improving Northwest conditions.
MENTIONED IN THIS ARTICLE
Chicago
Northwest
Manitoba
Dakotas
Drouth
Liverpool
New York
Minneapolis
Duluth
Railroad earnings figures from 1908 report summary
Detroit United shows first seven months earnings of 8,398,787 for January 1 to July 7 with 153,087 for the first week of June. Alabama Great Southern reports 300 miles and earnings of 3,549,203 for July 1 to June 30. Cincinnati New Orleans Texas 336 miles with 7,860,735 for year to date. Pacific 336 miles with 8,454,896 for year to date.
MENTIONED IN THIS ARTICLE
Detroit United
Alabama Great Southern
Cincinnati
New Orleans
Texas
Pacific
Foreign government securities bid asked and quoted
A list of government bonds with bank and city issuers shows bids and asks for German state loans Bavarian Hessian Saxony Hamburg and Berlin issues with prices around 90s to 100s and a Mexican government gold 5 percent note quoted at 101.
MENTIONED IN THIS ARTICLE
Cologne
Munich
Hessian
Augsburg
Saxony
Vienna
Hamburg
Fon-M
Berlin
San Francisco Mining Stock Closings Report
San Francisco July 16 official closing quotations for mining stocks listed today. The report names the closing values for several mining shares, reflecting market activity and investor sentiment in a bustling mid July session.
MENTIONED IN THIS ARTICLE
San Francisco
Railroads split on 10 percent freight rate rise
The Trunk Line railroads debate a 10 per cent rate increase starting October 1. Reading Lackawanna Lehigh Valley oppose. New York Central and others favor higher charges on sugar and coffee with August 1 implementation. Meetings planned to resolve the split as shippers weigh impact.
Railroad Ad Exchange Blocked in Munsey Case
Judge C C Kohlsaar in Chicago issues a decision barring the Chicago Indianapolis Louisville Railway from issuing mileage tickets to Munsey Co in exchange for advertising. The ruling, in a Hepburn law test case from January 1907, sparks an appeal to the U S Supreme Court.
MENTIONED IN THIS ARTICLE
Chicago
C. c. Kohlsaar
United States Circuit Court
Chicago, Indianapolis & Louisville Railway Company
Rain forecast hits corn and wheat belt and Ohio Valley
The Weather Bureau issued a special forecast predicting rain across the corn and wheat belt and the Ohio Valley eastward. A developing low pressure over the Rocky Mountains will move over the plains, central valleys, and lake region by Friday and Saturday, bringing local rains and thunderstorms followed by cooler, fair weather.
MENTIONED IN THIS ARTICLE
Washington
Weather Bureau Today
Corn and Wheat Belt
Ohio Valley
Rocky Mountain Districts
Plains Flats
Lake Region
Atlantic States
Middle Atlantic
New England
Marine Intelligence Almanac and Wireless Reports
Marine intelligence lists sunrise and sunset times, celestial events, and high water marks for Sandy Hook, Governors Island, and Hell Gate. Wireless reports note the Deutschland 740 miles east of Sandy Hook at 4 40 am yesterday and the Majestic 253 miles east of Sandy Hook at a later time.
MENTIONED IN THIS ARTICLE
Moon
Sandy Hook
Gov. Island
Hell Gate
Majestic
Sandy Mook
Carmania Near Pier Arrival Time Given
The Carmania, located 245 miles east of Sandy Hook at 11 am yesterday, is expected to dock about 7 30 this morning. The vessel’s location and ETA reflect a steady maritime approach to its pier.
MENTIONED IN THIS ARTICLE
Sandy Hook
Meat market calf and veal prices and sales across firms
The market reports widespread calf and veal trading with numerous consignors including J. G. Curtis & Son and Wright & Co. veal lots peak near 8.75 per 100 pounds while buttermilks sell around 2.50 to 2.75 per 100 pounds. Sheep, lambs, and hogs show steady demand with varied consignors and prices across Jersey City and regional buyers.
Transoceanic steamship schedules via Pacific routes
A list of passenger and cargo sailings with destinations including Hawaii Japan Corea China Philippine Islands New Zealand Australia Samoa New Caledonia Tahiti and Marquesas Islands. Ships named Empress of Japan Lord Sefton Mariposa Alameda Shawmut Conor and others depart between July 18 and August 1 at 6 30 pm with through Seattle San Francisco Vancouver and Victoria connections.
MENTIONED IN THIS ARTICLE
New York
Japan
Corea
China
Philippine Islands
Seattle
Hawaii
San Francisco
Alameda
Shawmut
New Zealand
Australia
West
Samoan Islands
New Caledonia
Lord Sefton
Pine Islands
San Jane
America
Mara
Ee Islands
Vancouver
Victoria
Guam
Us$ Transport
Tahiti
Marquesas Islands
Francisco
Mariposa
Arnamean
Shipping News Arrivals and Sailings at the Bar
Multiple steamers arrive or depart at the Bar with passengers, mails, and cargo. Vessels include Bremen Cherbourg to Ochi & Co and Altonia Trieste to Cunard, with cabin and steerage counts, ports of call, and quarantine notes. Several ships pass Sandy Hook or leave quarantine, while winds are NW and seas light.
MENTIONED IN THIS ARTICLE
Bremen
Ger
von Borell
Cherbourge
Ochi & Co
Bar
Altonia
Miller
Trieste
Fiume
Palermo
Cunards Co. Ltd
Moise
Sicilian
Ital
Bolognini
Genoa
Leghorn
Algiers
St Michaels
Simpson, Spence & Young
Prinz August Wilhelm
Gerdes
Savantha
Port Simon
Colon
Kingston
Fortune Island
Hamburg-American Line
Peninsular
Botelho
Lisbon
St George
Terceira
Fayal
Flores
G Amsinck & Co
Betonia
Russ
Bakanoff
Libau
Rotterdam
Benham & Boyesen
Ida Cuneo
Nor
Iversen
Annatto Bay
Cuneo Importing Co
Princess Anne
Tapley
Newport News
Norfolk
Old Dominions Co
Huron
Taare
Jacksonville
Charleston
Clyde Ss Co
Mdse
Hird
Gundersen
Philadelphia
Donald Ss
Lewisport
Parvard
Crowell
Boston
Metropolitan Steamship Company
Delaware
French
Mdise
Lyde Ss Co
Steamers at Foreign Ports Sightings and Routes
Shipping table lists numerous ships with routes from New York to Cherbourg Hamburg Barcelona Rio de Janeiro and other ports. Vessels include Teutonic Pretoria Voltaire Erika Indradevi Moitkefels Harburg Kaiser Wilhelm der Grosse Campania Iroquois Oceanic and more with July dates and sailing legs via Plymouth Rotterdam Cherbourg Queenstown and Melbourne to various destinations.
MENTIONED IN THIS ARTICLE
Ryndam
Rotterdam
Boulogne
Adriatic
Southampton
Plymouth
Cherbourg
Calabria
Naples
Leghorn
Lusttanta
Liverpool
Queenstown
Salvatore di Giorgio
Nor
Port Antonio
Cluden
Hamburg
Bradford
Ger
Phoenix
Tilt Cove
Beacon Light
Dunkirk
Favertum
Casilda
Shields
Altal
Taagua
Port-au-Prince
Siegmund
Rio Janeiro
Santos
Lampasas
Galveston
Antilles
New Orleans
Jefferson
Norfolk
Newport News
Indiana
Italy
Genoa
Teutonic
Smith
New York
Pretoria
Montevideo
Voltaire
Rio de Janeiro
Barcelona
Erika
Melbourne
Indradevi
St Vincent
C V
Sydney
Bembar
Moitkefels
Newcastle
Nsw
Harburg
Fremantle
Libau
Russia
Danziz
Burgermeister Petersen
Campania
London
Iroquois
Oceanic
Kaiser Wilhelm der Grosse
Calcutta
Wildenfels
Swansea
Llandaff City
Cadiz
Lux
Livestock Market Reports From New York July 15 1908
Receipts totaled 51 cars or 960 head with 34 to slaughterers and 17 for market. Prime heavy steers steady, light supply for common and medium. bulls and dry cows up 10 to 15 cents. Cattle sold to $6 to $7.25 per 100 pounds. common to good bulls $2.75 to $3.65. cows $1.60 to $4.75. Dressed beef 6.5 to 11.5 cents. private cables show hive cattle 14 to 16.5 cents. Italy shipments: Adriatic sails with beef quarters for Swift and Morris. Cedric to Liverpool will carry 1,100 beef quarters for Morris. Sheep 75 for L. Dillenback.
MENTIONED IN THIS ARTICLE
J. G. Curtis & Son
W. R. Hume
Andrew Mullen
BW. Otis & Co
H. H Hollis
H. S. Judd & Co
S& Tate
S. Sanders
Tobin & Shannon
McPherson & Co
Jersey City
West Virginia
Kentucky
Newton & Co
Pennsylvania
New York State
B. W. Otis & Co
JG Curtis @& Son
S. Andrew Malles
Sarersh
New York
Liverpool
London
Swift Beef Company
Morris Beef Company
Aller
West Indies
Dillenback
Cedric
S Sanders
Ohio
Judd & Co
John Ducey
J. P. Nelson
J. G Curtis
Jelliffe
European produce market report from Liverpool dated July 1
Wheat and corn futures hold steady as spot markets rise with WHEAT and CORN showing firm under old American mixed supply. Peas, flour, and hops show mixed activity while meats and lard remain firm with values for bacon, shoulders, and bellies quoted. London Pacific coast hops steady and refining markets subdued.
MENTIONED IN THIS ARTICLE
Liverpool
California
Se Sud
London
Pacific Coast
India
Cumberland
Bondholders urged to deposit bonds for committee action
Default on July 1 1908 interest triggers formation of a bondholders protection committee for The Cincinnati Indianapolis and Western Railway and Indiana Decatur and Western Railway. Deposits via Bankers Trust Company by July 24 1908 with bonds bearing maturing July 1 1908 and subsequent coupons. Copies of deposit agreement available from depositary or committee secretary William A Read.
MENTIONED IN THIS ARTICLE
Cincinnati, Indianapolis & Western Railway Company
Indiana, Decatur & Western Railway Company
Bankers Trust Company
William A. Read
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