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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Mar 05, 1908
Page
14
The Iron Trade Review reports March business improving with steadier activity across most lines. Wire and railroad orders rise as a principal producer operates at 129 percent capacity, February output reaching 1,233,074 tons versus January's 1,951,813 tons.
Encampment reports the Penn Wyoming Copper Company is laying four miles of heavier tramway cable between Ferris Haggerty mine and No. 2 station to handle higher ore tonnage for smelter shipments beginning April 3. The 16.5 mile aerial line, claimed longest in the world, transports ore to the smelter. Montana Mining Association forms with officers Hewett, Greenough, Pinderman, Abell and executive committee Clark Byrne Conred Mussigbrod. The Mexican Mines Prospects Development Company, based in Mexico City, organized under Arizona law with 2.5 million capital, aims to operate about twenty Mexican mining properties in Pueblo and Zacatecas, with river and timber interests in Jalisco.
A ledger style report lists earnings and operating data for multiple railways including Canadian Pacific, Colorado & Southern, Denver & Rio Grande, Iowa Central, Minneapolis & St. Louis, Wabash, Gulf & Ship Island, Hocking Valley, Illinois Central, Interoceanic of Mexico, Louisiana & Arkansas, Mexican International, Norfolk & Western, National of Mexico, Yazoo Mississippi Valley, Delaware & Hudson, Buffalo. The figures cover fourth week of February and year-to-date periods, showing gross earnings, operating expenses, net earnings, and other income across numerous rail lines. Strong entities such as multiple railroad names and financial figures are referenced throughout.
Rarer company cattle receipts reach 75 cars 1402 head with 55 for slaughterers and 20 for market. Trade quiet at steady prices for steers and bulls thin cows selling near Monday's levels but medium and good cows lower. Dressed beef in light demand native sides sold firm to 7 cents per pound. Sheep and lambs active with 7987 head traded. veals and calves sold steady to firm. hogs receipts around 9 thousand head with prices mostly steady to firm. Prices per 100 pounds and individual farm shippers noted, including Morris and Swift Beef Company, Schwarzschild & Sohn, and Kerrs Commission.
The text presents a jumble of numbers and fragments including currency like 42.10 and 301g, dates and codes mixed with letters. The readable content is insufficient to identify a person, organization, place, event, or clear summary.
Market by telegraph shows varied cattle receipts and prices across Chicago Cincinnati Buffalo Kansas City and Western markets. Steers bulls and heifers trade steady to higher with lambs and yearlings noted. hogs steady to lower and veal and sheep activity described with mixed prices and volumes.
New York reports dull coffee activity with 1500 bags traded and prices largely unchanged amid a Brazilian holiday, while cotton prices advance briefly before settling near session lows. Market notes include steady spot demand, mixed futures, and expected Census and ginner estimates. regional prices and spot markets across Atlantic markets show modest fluctuations.
Market notes show beans and peas with weaker white beans and kidney varieties, while lima beans hold steady. Butter remains quotable with firsts around 25 cents, creamery prices steady, and cheese demand modest. Receipts today total 6,518 packages as stock shifts and prices stay near current levels across dairy and egg sectors.
A dense OCR listing shows diverse prices for vegetables and produce across multiple markets including Norfolk New Orleans and Florida. Items named include lettuce onions radishes peas pars romaine tomatoes and more with varied unit pricing and carriers.
Default on March 1 1905 interest. Bondholders appoint a Protective Committee to hold shore bonds with Farmers Loan and Trust Company New York under a Bondholders Agreement. Committee members listed Mark T. Cox Edgar L. Marston John W. Hamer. Strong & Cadwalader act as counsel.
Cobalt stocks reported in Toronto furnished and corrected daily by one and Lockwood, successors to Wills Stewart and Co, located at No 43 Exchange.
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