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!
This newspaper page contains 16 articles. Subscribers can read the full text of each article.
Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 16, 1909
Page
2
The market shows wide swings with many bonds and stocks trading lower. Notable activity includes U S government issues and various corporate issues posting mixed to lower figures amid a large daily volume and shifts in investor sentiment.
The Bank for Savings on Mermin Avenue announces a six month dividend ending June 30 1909 at four percent per annum on all deposits of five dollars ninety cents or more. Dividend credited to deposits on July 1 1869. Deposits on or before July 1 draw interest from July 1. Walter Trimble president Charles Sherman secretary James Knowles comptr?ler.
London June 15 market for American securities was irregular with heaviness in active issues. Last quotations show declines and varied closes across Anaconda Atchison Canadian Pacific St Paul and Cerutti. Foreign money market rates include call money in pounds 1414 percent and Berlin Paris discount rates at 3 and 1 1/2 percent respectively.
Revenue and expense figures show operating revenue at 73,880 for total 1908 period with $440,876 year over year increase. Total operating expenses listed at 368,007 with a $264,022 rise. Net operating revenue reported as 167,882, down from 176,553. Taxes 16.00, operating victims 5,970, and various partial figures for periods through April 26.
The market weakened as bears pressed a broad retreat after foreign selling and liquidation by frightened holders. United States Steel and others fell while great Northern Ore certificates and Interborough Metropolitan and Third Avenue rose. Analysts defend Steel shares, noting strong earnings history and future potential despite short term declines.
Yesterday’s bond quotes show Es 1 2s registered 1930 Tv 2s coupon 1939 LL & s registered 1908 16 U . 38, coupon 1908 18. June 14 Bid 101 Asked 101% 1914s 102 102% 192% Tune 1h Bi4 WL 191% Wi 02 Asked per ray.
Sloss-Sheffield Steel and Iron Company issues a earnings statement for the quarter ended May 21 1909 with notable gains over the previous year The income account shows profit from operation rising to 871077 from 209974 the surplus for the quarter at 30477 8228 and total current assets at 5861725 The report compares figures against the corresponding period in 1908 and notes increases in interest and taxes surplus and related metrics.
The irregular speculative movement in outside securities showed strength in some areas and new highs in the present phase, while three or four issues faced downward pressure on light selling. Miami advanced with 15 Nevada Consolidated firm, Greene-Cananea softened after early gains, United Copper slipped then partly recovered, Goldfield Consolidated and Combination Fraction weakened, Montezuma Mines rose on active trading, and Standard Oil led the industrials while American Tobacco fell 2 points. Bond activity was limited with St Paul 6s down and Western Pacific 5s up, others steady.
A brief fragment records a location at London 18 Bishopsgate Ss with parts noting 41 Boulevard Hanssmans and related identifiers.
A broad Consolidated Exchange market reported seventy two issues traded with notable strength in Interborough preferred Wabash preferred Denver and Rio Grande American Sugar Refining and Ontario and Western. Sugar stocks showed limited gains while Beet Sugar and Union Pacific edged lower. Reading stood out with the day’s highest price as total trading surpassed other issues. Detailed operations follow.
May foreign commerce reached 123,256,796 in exports and 116,065,908 in imports, yielding a surplus of 7,300,803. The report notes slackening imports and improved outward movement, with exports beating the May ten year average though the excess over imports is the smallest in twelve years. Cumulative figures from July 1908 show exports 1,745,404,066 and imports 1,102,234,504.
The report shows exports for the week ended Tune 14 totaling 12 555 and 976 value 15 451 501 812 787 447. Since January 1 the figures rise to 264 970 883 300 413 05 275 959 455 with currency and decimal formatting reflecting historical accounting.
Furnished by Swainwout and Appenzellar at No 40 Pine Street. Maturing notes cover periods 1908 through 1922 under a collateral trust arrangement.
The Board of Directors has declared a dividend of three fourths of one percent on the company’s capital stock, payable after July 15 to shareholders of record at the close of business on June 19. Transfer books remain open and are managed by Treasurer R Brewer.
The Board of Directors declares a quarterly dividend of 2.5 percent on common stock payable to stockholders of record at the close of business June 21 1909. Also declared are a 1.25 percent regular dividend on preferred stock payable July 30 1909 and a 0.5 percent preferred stock dividend payable July 15 1909. Transfer books close June 2 and reopen July 1. Also notices of other corporate actions and a public auction notice for bonds and mortgages are shown.
Money on call opened at 1 percent, high 2 percent, low 4 percent, last 1 percent. Time money offerings ranged from 2 2 percent for sixty days to 34 1 percent for over a year. Mercantile paper steady with varied rates. Foreign exchange market steady with cables at 450 4.8805, demand sterling 487, sixty day bills 436 4.9610. short francs and reichsmarks declined modestly. Bankers posted rates listed for several currencies. domestic exchange notes par or premiums in multiple cities. Bank clearings in New York reported, with other cities showing premium and par figures.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.