Brazilian Bank Fails in Rio de Janeiro
March 5 Rio de Janeiro Union Bank of Rio de Janeiro city closes its doors sparking initial unease. The unit served many small accounts and had capital under two million dollars. A false report claimed Banco União de Comercio failed, prompting confusion until later dispatches corrected the error.
MENTIONED IN THIS ARTICLE
Rio de Janeiro
Union Bank of Roe
Union Bank
Banco Uniao de Commercio
London
Banco de Commercio
London Bank Rate Lowered Again By Bank of India
The Bank of India directors lowered the discount rate from 4 percent citing ample New York money and rising gold shipments. The money market had priced in a cut in three month bills to 3 1/4 percent but buying was scant and overall prices barely moved.
MENTIONED IN THIS ARTICLE
Merch S
Bank of Inaé
Enid
Berlin
New York
Egypt
Remaining Knickerbocker Depositors Quick to Accept Reorganization
Knickerbocker Trust depositors rapidly assent to a reorganization plan. Counsel J. Sattelee reports high turnout and hopes for a final hearing before Justice Clark next Saturday. Debtors claim over 2.5 million in outstanding claims as plans for new capital and director appointments circulate.
MENTIONED IN THIS ARTICLE
Fierber
J. Sattelee
Knickerbocker Trust Company
Getf
questen @f
Clark
Su- Court
Staten Island
Letterbce
Welhington
United States
W. Murrer Crane
G. Dawes
Compan
Anunu Nced
Raitherbocker
Imminent Strike Threat From Pittsburg Foundrymen
Following a Pittsburg Foundrymen's Association meeting an ultimatum was delivered to pig iron manufacturers in Pittsburg and the Mahoning and Shenango valleys. The edict calls for settled prices before buying further tonnage, citing an untiled pig iron market and hesitation to contract. Foundries will not place more tonnage until priced stably, then may issue large new orders.
MENTIONED IN THIS ARTICLE
Pittsburg Foundrymen's Association
Pie Iron Manfacturers
Pittsburg
Mahoning and Shenence Wailers
Mining notes reveal strong Guanajuato prospects and bond activity
Jom J. Welch of Securities Pestio Limited reports brisk development in Guanajuato Mexico with enhanced transport links and rising property values. Bond installments total 1 560 000 dollars with 15 000 received, 742 000 due, and 5069 balance to cover. McKinley Darragh Saw OP mines elect directors including WL Thompson and EW Strattman among others.
MENTIONED IN THIS ARTICLE
Jom J. Welch
Cer- Pestio Limited
Mexico
United Sates
Guanajuato
Welch
Goane
Ural Cope Company
McKinley-Darragh-Saw
Calumet and Heekia Min-Se Company Fleever Inquiries
Bret reports March 3 that the Calumet and Heekia Min-Se Company fleever with foreign inquiries for NRC Sut retunes po well under 12 cents a pound.
MENTIONED IN THIS ARTICLE
the Tribune
Bret
Tue Calumet and
Heekia Min- Se Company Fleever
NRC
Sut Retunes Po
Manchuria Trade Shifts Amid War Strain and Rail Links
A fragmented report notes Japan pressuring Russian banks during wartime ties with China, Harbin flour mills and Chinese wheat under scrutiny, risk to American trade, railway links between Danl and Chang Chun expanding service, and American agricultural implements gaining a market in Manchuria as new samples illustrate their efficiency.
MENTIONED IN THIS ARTICLE
Menkéen
Japan
Harbin
Danny l
Manchuria
Involuntary bankruptcy petition filed against Max
Clerk of the United States District Court records an involuntary bankruptcy petition against Max, listing creditors' claims and assets. Carpenters Rippert of Oesks are noted among involved parties with inventories and furnitish goods at 145 Breet. Claims of creditors aggregate to a stated sum.
MENTIONED IN THIS ARTICLE
Etary. Sons
A & Rippert
Oesks
General Market Report News in Coffee and Cotton Markets
New York March 5 1908 the coffee market shows slight activity with prices easing amid Februarys smaller world supply and Rio banking concerns. Sales reached 18009 bags as the market closed down 5 points. Brazil receipts and ongoing supply trends weighed on values while Rio bank troubles had limited impact. In cotton, the market was quiet with a net decline of 4–6 points amid 175000 bales traded. comparisons to Liverpool cables and bullish chatter for bear months influenced sentiment though gains were capped by liquidation and weak spot demand. Local ports saw varied receipts and exports exceeding port receipts by roughly 17.4 bales as futures opened quiet and closed barely steadier.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos
Eover
Havre
Liverpool
Alabama
National Ginners ® Association
Census Bureau
Manchester
Gulf
Mobile
Savannah
Iltec
Norfolk
Baltimore
Titec
Augusta
St Louis
Little Rock
Houston
Galveetan
New Orleans
Cotton Exchange
St. American
Giet
S.asted
S.6ted
Minnespolis
Duluth
Northwest
Montreal
Manitoba
United
Broomball
Gigllaircles
Chicago
Elise
Foh
Harley —Marwet Nerminal
Yester- Hieh
Beanstalk Market News From New York March 5 1908
In New York on March 5 1908 beans and peas markets show quiet demand for domestic white beans and marrow varieties with steady to easy prices. Imported beans sell well with wholesale ranges around 2 to 32 to 10 dollars. peas and red kidney beans in light demand. Butter and eggs trend higher on rising demand, cheese prices mixed with strong Western reports. Fresh fruits nuts and produce listed with prices for apples cranberries strawberries oranges and other items. hay and straw steady. poultry live and dressed markets show moderate activity amid variable demand.
MENTIONED IN THIS ARTICLE
Ork
New York
Lima
California
Queen
Wisconsin
Liverpool
Pennsylvania
Hubbardston
Jersey
Florida
Satsumas
London and Local Metals and Provisions Market Summary
A mixed London and local market report shows metals broadly weaker locally after a firmer London close. Copper rose on the London exchange but local prices dipped. tin and lead varied with modest gains and losses. Provisions traded active, with Pork steady and Beef and lard firming, while sugar and molasses markets remained largely steady or firm and refined sugar levels held.
Scattered Rabbits and Vast Range of Fresh Produce Prices
Scattering lots of rabbits arrive but demand weak and prices irregular. Potatoes in free supply with easy tone. onions firm for fancy. Vegetables vary widely in quality and value with Florida live vegetables, cauliflowers in active demand, Cuban vegetables in heavy supply and slow sales. Prices listed for numerous produce items across Bermuda, Florida, New Orleans, and other regions, with many per barrel, per crate, or per basket figures.
MENTIONED IN THIS ARTICLE
Florida
New Orleans
California
Bermuda
Southern
Maine
Long Island
Jerzey
Pennsylvania
Jersey
Charleston
Celery
Escarole
North Carolina
Orance County
Crete
Okra
Romaine
Hubbard
Canada
Livestock Market Reports Steady Tone Across Beefs and Hogs
New York March 5 1908 receipts total 30 car 547 head beef steady dressed 7c lb ordinary to prime native sides. Calves 204 head quiet but sold out at $125 $425 for Western calves. Sheep and lambs 26% cars 6500 head dull but firm top state lambs 7.75 per 10 lb. dressed mutton 10 1 10 c per lb. Hogs 15% cars 2780 head slaughterers. hogs nominally steady pigs weak. country dressed hogs slow at 5 44c per lb. Sales by Judd Shannon and Sanders & Co.
MENTIONED IN THIS ARTICLE
London
Lake
Cleveland
Northern
Produce Exchange
New Orleans
Philadelphia
New York
Calcutta
Chicago
Kansas City
Omaha
West
India
South America
Kers
Japan
Patna
Rangoon
Eastein
Liverpool
Gay
S. Judd & Co
Tobin & Shannon
al EU
S. Sanders
Newton & Co
Ohio Hoge
Cincinnati
Market summary from Chicago and other markets
Telegram market bulletin reports receipts and price ranges for cattle hogs sheep and calves across several cities. Chicago prices show steers to $6.15, hogs mostly $4.40 to $4.50, sheep and lambs up to $6.75. Cincinnati and Kansas City show varied but steady to firm demand with notable export steer values. Toledo and Buffalo offer seed market figures for clover seed timothy hay and alfalfa.
European Produce Market Close Summary
The market shows mixed, largely steady moves across commodities. Wheat futures hold near steady levels while spot prices vary. corn remains quiet with slight movements. peas show Canadian stockouts. hops in London are dull at the lower end. pork, bacon, lard, butter, and tallow exhibit gentler activity with several items steady or easy.
MENTIONED IN THIS ARTICLE
America
London
Pacific Coast
India
Cumberland
United States
Amerteen
Spiriu
Liverpool
Trade in Chicago Grain Prices Slip on Profit Taking
Chicago trading on March 6 sees wheat down more than 1 cent on profit taking with May futures near 98 to 99 cents. Corn climbs, oats rise modestly, and provisions edge up. Wheat meetings show nervous sessions with late covering by shorts. forecasts of higher primary receipts and continued Argentine exports weigh on sentiment. Local receipts include 337,000 bushels of wheat, 194 cars from Minneapolis, Duluth and Chicago, and 416 cars of corn. Provisions firm, May pork and lard higher, with 34,000 hogs expected tomorrow.
MENTIONED IN THIS ARTICLE
Chicago
Argentina
Shorts
May
Tye
Minneapolis
Duluth
Sac
Forrge
May Park
Also Mentioned on This Page
Financial News
New Jersey
Berk
England
Calcutts, Merch
Berk of Bengal
Knickerbocker
Bb Beter
South Manchuria
United State
Disa
Abrshem J. Lia- See
Allen Street
Supreme Court
Jenahons
William ML
Eugene W. Guinden
Deen & Co
Alver J. Doniuily
Eugene V. Guinden
Neiss Chambers Street
Guingen
National Bark
F. Marion Crawford
Tetoune
General Market Report
New York Prosure Exchange
PLULR
Western Firth
Western Spring
Red Dog
City Brew
Red Gee
Country Produce Markets
Oregon
Washington
New York State
State
Timothy
Fim
Broilers
Ongese
Ohio
Indiana
Brolers Gy
Cuba
Telegraph
Buffalo
Sheen
Toledo
Allike
Narlborough
Blenheim
Atlantic City
N. J
Busureau
Navy Department
Washington, D. C
Navy Yard
N. Y
Navy Pay Office
Bureau
E B. Rogers
Department of Agriculture
Washington D. C
Forester, Forest Service
Washington, DC
James Wilson
Overnors Island
Dept. of the East
U. S
Ino. W. Pullman
Berlitz School OF Languages
Madison Square
Broadway
Bariem
Lenox Ave
Little St
Brooklyn
Court St
Newark
Scheuer Bu
Tng
Merspelder
Carn Gte Hall
American and Foreign Teachers’ Agency
M. J Young-Fulton
Union Square
Tribunes
6Th Ave
East 44Th St
7Th
Hotel Traymore
Traymore Hotel Company
CHAS
Marquetie
D. Ss. White
Haddon Hall
Leeds
Lippin
Chalfonte
Seaside House
P. Cook
Dennis
Atlantic
Browns
Mills-In-The-Pines
New York City
Penna. R. R
Browne Mills
Cambridge Bidg
5Th Ave
Montclair
Montclair Hotel Co
Virginia
Virginia Hot Springs
Fifth Avenue Waters
Offees
Pennsylvania Railroad
Fred Sterry
Hot Springs
Bfemuda
St.george
New York County
Emythe
Anne Mary Cleary
Henry F Cochrane
Court Street
Joseph Newburger
Supreme Court of
State of New York
County of New York
Marhhattan City
Henry F. Cochrans
Offce and Postoffice Mo
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