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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Mar 04, 1908

Page

5

Velvet Securities Explained and Bank Losses Discussed

The piece explains velvet securities held by banks as hidden or misvalued assets used to pay for services or as collateral. It notes how such accounts may mask losses from underwriting and investments, referencing Knickerbocker Trust and a 1900 embezzlement at First National Bank.

State Banking Department Knickerbocker Trust Company First National Bank Cornelius L. Alvord, Jr

Mining Notes Highlight Alaska Rush and Copper Districts

The San Toy Mining Company and Charles M. Schwab report daily ore shipments of 200 to 500 tons with net $8 per ton. Alaska’s spring mining rush, the Trans-Alaskan project, and the Tanmana district anticipate heavy copper output as miners head to Alaska and Canadian Yukon, amid idle US miners drawn by vast unclaimed lands.

San Toy Mining Company Charles M. Schwab American Smelting and Company Gan Tey Alaska Guggenheim Copper River Tanmana Valdez-Fairbanks United States

Bankrupt petitions filed in U S District Court

Voluntary bankruptcy petitions submitted for Edward L. Parmlee of Milford Connecticut listing liabilities of 1836722 and assets of 6609 with machinery tolls stock in trade and other assets. Involuntary case filed against Marquise Chocolate Company with creditors seeking 31664 360 52225 and a court appointed temporary receiver. Abraham Silverman involuntary bankruptcy with liabilities 259286 and assets 15129 with stock in trade valued at 1209.

Edward L. Parmlee Milford Conn Eighth Avenue Fulton Street Brooklyn Wilcox Lenox Road Norton & Fletcher Greenwich Suet A. Buchsbeum Ninth Avenue Emil FE. Fuchs Ap Pantea Marquise Chocolate Company Henry Aubert Max Beck Emil Spindle brown @pem Holt Edward R. French Abraham Silverman Silverman

American Woollen's Year Review Reflects Curtailment and Debt

The report to stockholders notes 3.4 percent earnings on common stock of 29,501,000 and total indebtedness of 4,980,558. A 100,000 share red stock sale at par increased capital stock while demand for worsted goods lagged. Production was cut to 61 percent as inventories and receivables weakened, with market value inventories below cost. The outlook remains cautious but hopeful for year end, with continued preferred dividend payments.

Presiin M. Wood

American Grass Twine Company Annual Report Summary

The American Grass Twine Co reports year end December 21 with overall expenses of 14. The corporation shows a 46.2 percent gain and a net income of 95,008. President Robins presents the stockholders with a steady business outlook. The last quarter shows a strong rise in sales, and the first two months of 1908 compare favorably to 1907 amid improving conditions.

Corplus Robins

Quiet Coffee Market Amid Narrow Trading Activity

The general market report notes a very quiet coffee market with only 6,200 bags sold. Prices hovered near unchanged to five points lower in New York on March 3, 1908, with steadying near the close, while demand remained modest and speculative activity largely muted.

New York Danger Serge Trade Interests Havre Hamburg Rio No

Chicago Market Report Mixes Grains Meats And Produce

The Chicago market pages show varied price movements across commodities. Hides and leather steady while London tin and copper down. pork, beef, and lard firm amid strong packer demand. molasses syrups stable with firm demand. rice and sugar markets mixed with refined sugar firm and raw sugar higher. Potatoes onions and vegetables steady to firmer at close with active produce movement in many lines.

New York Rio Lake Chicago London Leke Standard Foundry Cleveland Northern New Orleans Gsic Shorts Sic Philadelphia City Calcutta Gagero

Market Report Beans Peas Butter Cheese and Eggs 1908

Week ending March 2 1908 reports arrivals and prices for beans peas butter cheese and eggs. Beans show mixed demand with marrow red kidney white kidney and yellow varieties quoted. imports and exports noted. Butter prices softening with creamery and process grades varying. cheese prices steady with demand for full cream and skims. Eggs steady then weak as receipts rise. fruit and citrus pricing given with regional storage and fresh arrivals.

Ted Kidney California Lima Californic Europe Liverpool Ihc Pennsylvania

Livestock Market report from New York March 3 1908

Receipts total 58 cars 974 head beef cattle and calves and sheep and hogs. Cattle steady with export demand and future shipments noted to Liverpool London and Southampton. Calves and sheep and lambs show varied prices with dressed beef and mutton values cited. Hogs 26 cars 4459 head softer with Buffalo guidance and regional sales at several price points.

New York Jersey City Liverpool London West Indies Majestic Southampton Swift Beef Company Morris Beef Company Georgic Indiana Kerns Commission Company Lac S. Sanders Pennsylvania

Cattle Markets Across Cities Steady to Weaker Receipts

Chicago markets show cattle receipts around 4 500 head with steers quoted at 4 25 to 6 15, heifers 2 50 to 5 25, and bulls 5 0 to 7 25. Hog demand slows with heavy and mixed types at 4 5 to 4 90, while sheep and lambs trend steady to higher in parts, lambs 5 0 to 7 50. Kansas City reports 9 600 cattle with strong demand for export steers at 5 75, western and southern stockers and feeders trading 3 50 to 1 90, hogs 4 20 to 4 40, and lambs 6 30 to 7 50 amid steady to higher sheep prices. Pittsburgh notes a steady to modest cattle supply with ongoing market activity.

Rssecess Wisc Une Zane Gulf Savannan Steacy Norfolk Minal Lie Wilmington Galveston Liverpool Lewis Guid Vton Exchange Manchester Kansas New York Produce Exchange Sperlolb Western Northwest Chicago New York Commission House Duluth Boi Minneapolis Southwest Antwerp Berlin Budapest Broomhall Bradsor Thuch Markey Carey York Cape Cod Florida Germnes Pacific Coast Kakimas New York State State Timony wWe Usc Philadelphia Pennsylvania Phiadelphia Ohio Ndiana Indiana New Orleans California Bermuda Charleston Theo Orleans Kale Kohlrabl Carolina Orange County Stendard Okra Do Florida Hubbard Nach Cuba Canada Timothy—Prime Toledo Clovers Eastle Kansas City Marge

Livestock Market Prices Reported for Sheep and Hogs

Choice prime and ewe prices listed with varying grades. Sheep: prime wethers at $5, other categories $2 to $6, lambs around $59 to $99. Calves at $7.50. Hogs: receipts light, prime heavies about $4.50 to $5.00, mediums and heavy workers $4.50 to $5. yields and figures show steady activity.

Ona

Liverpool Cotton Market Report and Commodity Prices

Liverpool telegraph notes a firm spot for wheat and quiet futures across several grains and oils. Prices for beef pork and bacon show weakness or dull activity, with lard butter and turpentine cited, while cottonseed oil and various cuts of bacon and shoulders move in narrow ranges.

London Pacific Coast India Dhs Therces United States Sada

Boston Wool Market Shows Better Tone Amid Weak Prices

Boston reports a modest improvement in mood despite overall weakness as mills curtail output and clothing stocks wind down. Quoted domestic ranges cover Ohio Pennsylvania fleeces Michigan Wisconsin New York delaine and washed grades with varied scoured values across Texas California Oregon and territory categories.

Boston Ohio Pennsylvania Delaine C. Delaine Michigan Wisconsin New York Kentucky Indiana Missouri Texas California Asia Oregon

Chicago Grain And Provisions Market Report

Chicago price movements show gains across wheat corn oats and provisions amid brisk demand and shrinking wheat stocks. May wheat closed around 1.00 to 1.01 with notable activity in delivery months and mixed car receipts. futures rallied as shorts and bulls covered.

Also Mentioned on This Page

Velvet” Securities Banks Trust Companies Knickerbocker’s Arizona Copper Company United States District Court American Woollen Parr St. i Appenzelar General Market Report National Gunners’ Association Omaha West South America Continent Brazil Talmage Louisiana Japan Patna Rangoon Bassein Ruscovado San Domingo Country Produce Markets King Spitzenberg Northern Spy Hubbardson Baldwin Telegraph Pitsburg Boston Wool Market Chicago Grain and Provisions Bradstreet’s May Chesapeake & Ohio Louisville & Nashville Ontario & Western Sis One As Inc TS Inc Denver & Rio Grande Inc Feo Bal John W. Bumstead John W Woodside Baltimore van Sehalek & Co Wall Street United Railway Nort Ry Gbess & Power Pf Chas City Ry Seaboard Chas Consol Continental Union Trust Thirg Nat Bank Fidelity & Dep Maryland Trust Nor Cent Ry New Jersey Ocesam Front Atlantic City White Josiah White & Sons Traymore N. J Traymore Hotel Company Chas. O. Marquette S. White Haddon Hall Leeds Lippincote Seaside House Cook & Son Chalfonte THE Leeds Company Pennhurst Wm. R. Hood Dennis Aqantic S. A Walter J. Buzby Browns Mills New York City Perna R. R Grownie Mills Cambridge Bidg Sth Montclair Montclas IAI Inter Rat OU Ontclaie Hotel Priarcliff Manor Boe Tate Jersey Osies Fifth Avenue Virginia Virginia Kot Springs Ticketa Pullman C. O Broadway Pennsylvania Railroad Fred Sterry Hot Springs St.george City Hotels HOTEL Grenoble 56Th ST 7Th AV William P. Chase Tisset J. James Tissot de Bruno New-York Tribune Tissot Daily Sunday Tribune Coupon A Tribune Tissot Dept
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