Foreign trading and money movements dominate market page
Foreign houses traded 5000 shares in the local market with all sales while consols weakened and mining advanced. Money movement showed continued bank cash gains from the Sub Treasury but potential outflows loom as interior deposits stay protected by fund reserves. Georgia Railroad and Banking bonds moved to buyers Joseph Walker & Sons and John W. Dickey acquired 31.9 million in forty year bonds.
MENTIONED IN THIS ARTICLE
Gonsols Fs
Chicago
Reyers
Georgia Frailroad and Banking Company
Joseph Walker & Sons
No. 29
Broad Street
John W. Dickey
Augusta
Georgia Railroad and Banking Company
Groteia Railroad and Banking Company
Baltimore & Ohio
Baltimore & Ohio Railroad Company
Gerreane
BOI
Gecreane
Detroit firm Cameron Currie & Co collapses details
The Cameron Currie & Co debtors in Detroit failed, with liabilities around $100,000. A New York dispatch noted the firm's appearances and a four member committee led by Joe A. Miller, James W. Chapman, Harry Herman Jobe, and J. Jackson was appointed to investigate the failure. Currie himself joined the exchange on January 1, 18%.
MENTIONED IN THIS ARTICLE
Cameron Currie & Co
Detroit
New York
Cameron Currie
Mr. Currie
Om the Exchange
Rochester Trolley Line Sold in Foreclosure Auction
Rochester July 21 a trolley line named the Rochester Charlotte and Manitou Railroad was sold at auction for 12000 to Kendall B Castle in foreclosure action brought by Vand Miller It is believed the Mohawk Valley Company a NY Central System branch may be behind the deal
MENTIONED IN THIS ARTICLE
Rochester
Rochester, Charlotte & Manitou Railroad
Ave Sion
Kendall B. Castle
Rer
Vand Miler
Horney
Mohawk Valley Company
New York Central
Cotton Exchange Probes Contract Practices Opens Investigation
The New York Cotton Exchange appoints a special committee led by Arthur R. Marsh to thoroughly examine its cotton contract dealings. The panel will run two months or more with open meetings inviting all stakeholders to present information, aiming for transparent changes to benefit the cotton trade overall. The bureau of corporations is urged to participate and may be consulted in Washington if needed.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
Arthur R. Marsh
George Brennecke
Samuel T. Hubbard
R. Siedenberg
L. Mandelbaum
T. E. Hicks
George W. Neville
Mr. Marsh
Board of Managers
Bureau of Corporations
Morse Fighting To Regain Control Of Banks
Charles W. Morse, once in control of the National Bank of North America and the New Amsterdam National Bank, seeks to regain influence by buying receiver's certificates and offering full settlements minus 6 percent interest. He opposes reopening under new management as John H. Edwards and Charles A. Hanna plan further dividends to depositors.
MENTIONED IN THIS ARTICLE
Charles W. Morse
National Bank of North America
New Amsterdam National Bank
Mr. Morse
Charles A. Hanna
John H. Edwards
New Amsterdam
Hanna
Big profits claimed in Coster bankruptcy case
The examination of W B Coster, brother of the late Charles Coster, continued in the bankruptcy hearing before referee Peter B Olney. Debits totaling 213000 on the firm Coster Knapp & Co were questioned as offset by a private ledger, while personal transactions showed a 1200000 profit from 195 to 199. An attorney for the trustee says papers were taken from the dead man’s records and cannot be produced. Next hearing slated for July 28.
MENTIONED IN THIS ARTICLE
W. B. Coster
Charles Coster
Stock Exchange
Coster, Knapp & Co
Peter B. Olney
Costers
Coster
W. K. Post
Business bankruptcy filings in U S district court
Involuntary petitions filed against N Mittelman & Co and Frederick Hall, with receiver appointed for Mittelman assets around 1,500. Schedules show liabilities across Blecher Eiseman Co and others, including Kirchner & Co and Knauth Nachod Kuhne. Debts to individuals and firms listed. several unsecured claims. Also default entry against America West Africa Trading Co and judgment against Brown & Fleming Contracting Co for money expended in settlements.
MENTIONED IN THIS ARTICLE
United States District Court
N. Mittelman & Co
Nathan Mittelman
William Moskowitz
East 10Th Street
Brauer & Louis and
E. P. Prentice
Frederick Hall
Tremont Avenue
Bronx
Blecher, Eiseman & Co
Broome Street
Kirchner & Co
Germany
Knauth, Xachod & Kuhne
William Street
Nathan Abend
Greene Street
Thomas Mathews Company
Madison Avenue
PF. M McAllister
Enfield
Madeline KE. Brown
West 46Th Street
John E. de Baun
Broadway
London Realty Company
Anne McAllister
Clarence Cary
Park Avenua
America-West Africa Trading Company
Broad Street
Oliver & Co
Brown & Fleming Contracting Company
John Fleming
Brown & Fleming
Boston Exchange Repudiates Curb Connection
Boston Stock Exchange members cannot be connected with the Boston curb after August 1. A special meeting of the governing committee voted that no member or firm with a partner who is a member shall be connected by telephone or telegraph with the curb, directly or indirectly, and no member or firm shall be represented on the curb.
MENTIONED IN THIS ARTICLE
Boston
Boston Stock Exchange
Stock Exchange
Judgments Filed in County Clerk Office Yesterday
Debtors listed include America-West Africa Trading Company M Oli vier et al and Brown & Fleming Contracting Company J 4 Fleming. Amounts shown include 25 525 23 020 and 22 020. Other names include Cohen EL C HM Dochetader Compte William G Katz Monro George H and Alirea A. A Company with executors Owen and Harold Swain. Hungarian American Bank and others appear with figures 1 630 and 260.
Increases in values of major railroads since 1907 panic
Market values of coal roads and leading western lines rose sharply from 1907 lows. Union Pacific gained $97 million and totals across eleven Western roads reached $343 million, with large rises also seen for Southern Pacific Great Northern Northern Pacific and others as profits supported continued high dividends and earnings.
MENTIONED IN THIS ARTICLE
Pennsylvania Railroad Company
Delaware, Lackawanna & Western
Reading
Baltimore & Ohio
Ontario & Western
Erie
New York, Ontario & Western
Union Pacific
Southern Pacific
Great Northern
Northern Pacific
Chicago & Northwestern
Western
Corey Pleased With Steel Business Recovery
William E. Corey, president of United States Steel, after returning from Europe reports improved business conditions. Production rose from the panic low to about 55 percent capacity, with further gains expected. He declined to discuss next Tuesday’s quarterly statement, but insiders expect a favorable report. He denied plans to buy preferred stock or to control Colorado Fuel and Iron Company.
MENTIONED IN THIS ARTICLE
William E. Corey
United States Steel Corporation
Europe
Corey
Steel Corporation
Colorado Fuel and Iron Company
New Record For Standard Oil Stock Gains In Curb Market
Standard Oil stock rose to 650 in the curb market and closed at 646 gaining 6 points for the day and 26 from last Saturday's 620 low. Traders cited an expected court decision in its favor. The rise came amid broader talk of capital stock changes and ongoing federal suits, including a $29,000,000 fine by Judge Landis.
MENTIONED IN THIS ARTICLE
Standard Oil
Landis
Purchase of Central Pacific Bonds Completed
National City Bank and Speyer & Co with Kuhn, Loeb & Co announce the purchase of 18 million dollars in Central Pacific Railway first and refunding mortgage bonds. The issue closes the 100 million dollar authorized mortgage and funds will refinance Southern Pacific. The bonds, part of Harriman system equity between Omaha and San Francisco, may be offered to the public near current market levels around 97.
MENTIONED IN THIS ARTICLE
National City Bank
Speyer & Co
Kuhn, Loeb & Co
Central Pacific Railway
Central Pacific
Harriman
Omaha
San Francisco
Southern Pacific
Southern Pacific Union Pacific
City approves Clark Street Railways renewal for 20 years
Springfield City Council grantsrenewed twenty year franchise to Clark Street Railways syndicate of New York and Philadelphia amid citizen opposition at 2 o'clock. Other notes cover IRS action on distilleries and receivership activities in Chicago New Orleans Panama canal bidding inquiry Goethals orders bond payments for Nernst Lamp Company Westinghouse receivers.
MENTIONED IN THIS ARTICLE
Springfield
Clark Street Railways Syndicate
New York
Philadelphia
New Orleans
Colonel Goethals
Canal Commission
Marine Notes and Grain Market Signals From Chicago
Marine intelligence and wireless reports note ship positions with The Pennsylvania Campania Shawmut Lord Sefton America Maru Empress of Japan and US Transport near Sandy Hook and various routes. Chicago grain and provisions report fresh damage in Northwest wheat demand firm cash prices stronger for wheat and corn weaker later. Minneapolis Duluth and Chicago receipts and stocks listed with end-of-day closes and next-day forecasts.
MENTIONED IN THIS ARTICLE
New York
Japan
Corean
China
Philippine Islands
Seattle
Shawmut
New Zealand
Australia
Samoan Islands
New Caledonia
San Francisco
Lord Sefton
Hawaii
Corea
Vancouver
Victoria
Guam
Tahiti
Marquesas Islands
Francisco
Maripona
Chicago
Northwest
Dulness
Canada
South Dakota
Sige
Stee
Si mc
Bradstreet’s
Mneapolis
Duluth
Tyce
Northwestern
Shipping News Update from Harbor Arrivals and Departures
Ships arriving and sailing detailed with captains, origin ports, and cargoes. Notable entries include Steamer Avalon from Norway with fruit to Cuneo Importing Co and Noordam carrying 826 cabin and 281 steerage passengers to Holland America Line, plus extensive lists of vessels at foreign ports and sailings to various destinations.
MENTIONED IN THIS ARTICLE
Avalon
Rasmussen
Sama
Cuneo Importing Co
Bar
Marowlino
Dryver
Paramaribo
Barbados
Royal Dutch West India Mail
Moise
Noordam
Sielager
Rotterdam
Boulogne
Holland-America Line
City of
Memphis
Burg
Savannah
Ocean Ss Co
el Cid
Baker
Galveston
Southern Pacific Co
Tennyson
Allen
Santos
Rio Janeiro
Victoria
Bahia
Pernambuco
Busk & Jevons
San Juan
Foss
Guanica
Mayaguez
Humacao
Jobos
Ponce
New York & Porto Hico Si Co
Cherokee
Archibald
Santo Domingo City
Macoris
Sanchez and Samana
Puerto Plata
Monte Cristo
Turk’s Island
Clyde Ss Co
Malls
Concho
Young
Key West
Mallory 8S Co
Indianapolis
Cove
Macors
Delaware
Hugh Kelly & Co
Saratoga
Downes
Havana
New York & Cuba
Maii Ss Co
Kaiser Wilhelm der Grosse
Ger
Polack
Bremen
Saas
Cherbourg
Oelrichs & Co
Monroe
Hulphers
Newport News
Norfolk
Old Dominion Ss Co
Anda
Atlantica Fruit Co
Livestock Markets Report From New York July 21 1908
Receipts and prices for beef, calves, sheep and lambs, and hogs compiled for New York stock markets. Dressed beef active, veal and lamb shipments steady, with multiple firms listing specific lots, weights, and bid prices across Kentucky Virginia Ohio and Pennsylvania consignments.
MENTIONED IN THIS ARTICLE
New York
Liverpool
London
S. Sanders
Tobin & Shannon
Kentucky
Virginia
Kerns Commission Company
Ohio
Newton & Co
Juad @ Co
Shippers’ Commission Company
McPherson & Co
Virginia Lnunks
Telegraph cattle and hog markets across cities
Chicago and other markets report receipts around 2 000 cattle and 14 060 hogs with slow to lower trends. Prices vary by class with steers 25 to 75, cows 5 40 to 5 50, calves 4 50 to 7, hogs top around 6 75, sheep around 3 0 to 4 0, lambs down modestly. Kansas City notes steady to higher cattle, hogs lower, and Texas figures listed. Continuous regional price shifts and mixed demand reflect a volatile midweek market snapshot.
MENTIONED IN THIS ARTICLE
Chicago
Cincinnati
East Buffalo
Kansas City
Texas
Pittsburg
Toledo
Wool market trims supply as buyers wait on orders
Boston July 21 reports wool transactions confined to odd lots with sales averaging under 100 000 each. There has been much sampling but manufacturers prefer to wait for orders before buying. Prices hold firm.
MENTIONED IN THIS ARTICLE
Boston
Proposals for sale of discarded printing and binding equipment
Government Printing Office Washington July 23 1908 invites sealed proposals by August 12 for discarded printing presses chases bindery equipment and related room items. Right to reject and to waive defects reserved. Detailed schedules and blank proposals available by addressing the office. Also notices for miscellaneous railway supplies from Panama Railroad Company inviting sealed proposals by July 1 with blanks and information at the office. Domestic quotations show fleece prices in Ohio and Pennsylvania ranges for various grades.
MENTIONED IN THIS ARTICLE
Government Printing Office
Washington
Nix
Sohn S. Leech
Oposal
Fanama Rail Road Company
State Street
New York
Incs
F.C. Nordsier
European Produce Market Summary from Liverpool
Liverpool markets show firm wheat futures with July and September points noted. corn futures thin with mixed American grade. Canadian flax steady and flour dull. hops in London steady. Indian money lines, pork and hams steady with Cumberland cuts. prices for heavy meats steady and prime gate trade quiet. linseed noted as traded.
MENTIONED IN THIS ARTICLE
Liverpool
California
Ted
London
Pacific Coast
Estra
India
Also Mentioned on This Page
SNATI
Riese
Toledo Railways & Light
Inc. S
Inc
Senenererecnre Ao
Clinton Gilbert
Wall St
Law Mtge Co
Law Ti & T
Surety Co
Mount Vernon
Ione Ist
Nie G
Manhattan Mercantile Eesce
Mtge Tee
Morten Aes
Cas
Mutual
Wwe
Mutual Alliance
Gent Buty Co
Nassauaaneese
Invi Co
Nat Surety Co
LI T
Columbia
Mts & Sec
NY Trust A
People's
Repire Tr
Ny Assoc
Lé T
Ain Standard Trust
Fit
Av T
Sones Tite G & T Co
Svs
Pusthosh
Futter
Trust Co
Amostsasena
United States
Lilo Guerenty
Cas Co
Uusma
Ico
van Norden A Realty
Ino
Edson Tr Co
Westchester
Bke Corp Lwart&mco
Knickerbocker
Kings County
Baltimore
van Schaick & Co
Wall Street
Bild
Malon Trust
Air Line
Third Net Bank
Fidelity & Dep
Ao M
Cone
National Surety Company
National Company
Bank of Montreal
Bank
British North America
NEW York Gas and Electric Light
IT and Power Company
Spencer Trask J My
New York Gas
Iddit, Heat and Power Company
New York Sk Exchange
Buea
Tal
Ean
Commission
People’s Gas Light and Coke Company of
Mlinois Central
Fears & Bureau Valley
Frick
H. C. Frick
Pride's Crossing
Armour
Missouri Pacific
J. Og PE Amour
Ieee
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Upstate
Cotton Exchange Probe
Morse
Boston Exchange
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Steel
Pany
Telegraph Business Notes
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Federal J . Thompson
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Union Distilling
United Boxboard
Grosscup
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Youn
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Potter, Ghoate & Prentice
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Joseph J Cuneo
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Philip Bohnett
Smith
Henry Bischoff
Supreme Court of the
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Hamilton Hank
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Os Annie Linder
Exchange Salon
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Joseph FP
Reem
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Andrew Findlay
Register of
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14Nd Street
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Louie Lese
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