Rio Bank Fails Shaking Rio De Janeiro Finance
Rio de Janeiro bank Union Bank of Commerce closed its doors amid concern the failure could threaten small accounts. The Banco União de Comércio was a minor Rio institution with under two million dollars in capital and no London agent. Officials at the Brazilian Consul noted no further financial trouble was expected and other banks with agents reported stability.
MENTIONED IN THIS ARTICLE
Rio A Janeiro
Union Bank of Commerse
Union Bank
Rio de Janeiro
Ofce
Banco Uniao de Commercio
Banco de Comercio
Bank Rate Cut Amid Mixed Global Signals
London reports the Bank of England trimmed the discount rate from 4 to 5 percent as money conditions improve. Reasons cited include better Egyptian gold shipments and ample reserves, though South Kensington and Berlin anxieties persist. The London money market showed little response, with rates for three month bills around 34 1/2 cents and Consols steady. The Bank of Bengal also cut its discount rate from 4 to 3 1/2 percent amid global financial shifts.
MENTIONED IN THIS ARTICLE
London
Bank of 2 Mand
Berlin
New York
Egypt
Remaining Knickerbocker Depositors Rally Behind Plan
Depositors committee counsel Herter reports rapid assent to the Knickerbocker Trust reorganization. With $3.5 million outstanding, nearly all creditors are expected to approve by next Saturday's hearing before Justice Clark on Staten Island. Reports also note Crane and Dawes agreeing to serve as directors as stockholders pay in the final capital instalment.
MENTIONED IN THIS ARTICLE
Herter
J. Sattelee
Knickerbocker Trust Company
Getf
Questeo
Merking
Clark
Su- Court
Staten Island
Lettetce
Washington
United States
W. Murrer Crane
G. Dawes
Hnickerbocker
Ultimatum by Pittsburg Foundrymen to Pig Iron Makers
Paubure March 1. After a meeting of the Pittsburg Foundrymen Association the message to pig iron manufacturers in Pittsburg and the Mahoning and Shenango valleys urged them to raise prices and lock in brands. Foundries see profit risk from current uncured pig iron and refuse to place further tonnage until brands and prices stabilize before new large orders.
MENTIONED IN THIS ARTICLE
Paubure
Pitsburg
Mining Notes on Welch Visit and Bond Payments
Jom J. Welch president of Securities Corporation Limited of Mexico and the United States toured Guanajuato property facilities. Bond payments on the Utah Copper Company issue progress, with first instalment of 1 517,608 and second due April 2. Rockholders of the McKinley Darragh Saw-SF Mines in Cobalt elected directors including WL Thompson H W Silvey Thomas Comeram Joseph S Hunn Master Strattman and Edangervine.
MENTIONED IN THIS ARTICLE
Jom J. Welch
Securities Cerperation Limited
Mexico
United Suter
Guanajuato
Welch
Uteh Copper Company
Andler
Radic
Ss. Se Duc
Saat
Fem
McKinley-Darragh-Saw- SF
Cobalt
Pesterdar
WL. Thompson
H. W. Silvey
Thomas Comeran
Joseph S. Hunn
Rochester
P. Master
Toronto
FE. W. Strattman Edangervine
New York
Calumet and Heekin Minne sees flood of foreign inquiries
By Telegraph to The Tribune Brien March 5 The Calumet and Heekin Minne Company is flooded with foreign inquiries for MMPI but refuses to sell for well under 13 cents a pound.
MENTIONED IN THIS ARTICLE
The
Tribune
Brien
Calumet and Heekin Min- Ne Company
MMPI
Japan forces bank closures reshape Manchuria trade
The text notes Japan pressuring Russian banks, affecting prestige with China. Harbin sees wheat undersold by Chinese suppliers, threatening American trade. Railway links Dalnuy Moukden to Kirin Chang Chun expand service, aiding American agricultural exports and market potential in Manchuria.
MENTIONED IN THIS ARTICLE
Japan
Besos
Harbin
Dalnuy Moukden i
Manchuria
Involuntary bankruptcy petition filed against Max house goods
An involuntary bankruptcy case is filed with the Clerk of the United States District Court by creditors including carpenters alleging 91,84 assets and claims against Max house furnish goods at No 14 Street. The aggregate claims of creditors are noted.
MENTIONED IN THIS ARTICLE
Eanstein
Max House
Abraham J. Lia
Altes Street
Panka Fiat Taises
Bhat
Pany
Khow
Momi
A Gorman
The
Supreme Court
Mi J. Jonahoan
William H. Cor
Eugene W. Guindon
Alvorn J. Wasily
Dean
Frm
Eugene W- Guindon
Chambers Street
Et Guinden
National Bani
O'Con
New York County
Geroorosythe
Anne Mary Cleary
Henry F. Cochrane
Court Street
Brooklyn
Joseph Newburger
Supreme Court of
State of New York
County of New York
County Court House
Borough of
Marthattan
City
New York
Henry Ff. Cochrans
Omce and Postoffice No
New York Coffee and Cotton Markets 1908 Report
Coffee eased on February world supply drop and Rio concerns while Rio bank failure news had little effect. World visible supply fell to 16,017,855 bags. Brazil receipts up, Santos steady. Cotton declined modestly as futures opened steady then fell. National Ginners estimate March 1 ginnings at about 10.9 million bales with market area bids and spot prices across Southern cities.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos
Havre
Tocal
Yesterlor
Liverpool
Census Bureau
Wo Wee Sa
Gulf
Mobile
Savannah
Norfolk
Baltimore
Augusta
St Louis
Little Rock
Galveston
Houston
Memphis
New Orleans
Nm Exchange
Manchester
London metals market mix signals and US staples move
A mixed metals market shows London tin and lead easing while copper and spelter hold firmer levels. In the U S tracing, meat, pork, beef, and lard futures rise alongside steady molasses syrup and refined sugar prices, with varying local market readings across regions.
New York March 5 1908 Country Produce Markets
Market quiet for domestic beans and peas with limited stock keeping prices steady. Imported beans firm with wholesale at 2 32 10 per bushel and choice peas around 2 15. butter dull with high supplies. eggs firm on strong demand. Fruits and citrus steady. strawberries and oranges mixed. Cheese markets active for good value. hay and straw steady. Poultry and eggs show firm demand with steady prices across dressed and live offerings.
MENTIONED IN THIS ARTICLE
York
New York Produce Exchange
City Brew
Chicago
Kansas City
Omaha
West
South America
Brazil
Japan
Patna
Rangoon
Bassein
New York
Lima
California
Western
Wisconsin
Liverpool
Givania
Northern Spy
Hubbardston
Baldwin
Cape Cod
Jersey
Florida
Satsumas
Wholesale Market Report Headlines Long Price List
Fruit and vegetable prices and looms show wide variation as buyers report weak demand for rabbits and mixed quality. Bermuda Bermuda potatoes and Florida vegetables move slowly while lettuce firm and tomatoes weaker. numerous regional figures for per barrel, per crate, and per basket are listed alongside prices for onions, cabbage, squash, and other produce.
MENTIONED IN THIS ARTICLE
Florida
New Orleans
California
Bermuda
Southern
Maine
Long Island
Jersey
State
Pennsylvania
Charleston
Celery
New
Escarole
St. Louis
Kale
Norfolk
Birhoc
Okra
Cuba
Canada
Livestock Market Report from New York March 5 1908
Receipts for bees were 30 cars including 28 direct to a local slaughterer. Cattle market steady with dressed beef at 70 cents to a dollar per 100 pounds. Calves quiet but steady with Western calves at 412 to 425 dollars. Sheep and lambs receipts 2645 cars with no sheep offered. top state lambs at 775 to 785 per 100 pounds. dressed mutton steady. Hogs receipts 15 percent cars 2780 head. hogs nominally steady for slaughterers with country dressed hogs at 5 7t4 to 4 cents per pound. Sales by S. Judd & Co. and Tobin & Shannon.
MENTIONED IN THIS ARTICLE
London
Mdon
Lake
Standard Foundry
Cleveland
Northern
Produce Exchange
New Orleans
New York
Philadelphia
Mare
City
Calcutta
Liverpool
S. Judd & Co
Tobin & Shannon
S. Sanders
Newton & Co
Ohio
Market News from Chicago and Other Cities on Cattle Hogs and Sheep
Cattle receipts about 6500 head with varied prices across regions. Hogs receipts near 36000 with weak to steady shifts and prices from 4.30 to 4.47 for heavy shipping and 3.59 to 4.35 for pigs. Sheep and lambs show mixed moves with figures cited for Cincinnati and Kansas City markets.
MENTIONED IN THIS ARTICLE
Chicago
Cincinnati
Kansas City
Pittsburg
East Buffalo
Catti
Sochieher
Toledo
Timothy
Allike
European produce market updates steady and dull for wheat and grains
Spot wheat firm while futures hold near steady levels. Corn quiet with mixed new and old offers. Canadian peas unavailable. Flour dull, needs. Hops in London remain dull. Beef and pork weak to steady with varied primals. Butter and cheese steady to firm with mixed colorings. Tallow, turpentine, and other staples show muted activity amid cautious market tone.
MENTIONED IN THIS ARTICLE
Rio
London
Pacific Coast
United States
Spain
Wheat and corn futures slide and rally in Chicago market
Chicago Wheat May futures fell early on profit taking and late covering by shorts while corn rose on unsettled belt weather. Wheat closed 98 3/4 to 99 cents, corn 63 1/4 to 63 1/2 cents, oats up 4 cents, and provisions higher. Receipts reported at 337000 wheat, 194 cars Minneapolis Duluth Chicago, 416 corn, and 216 oats.
MENTIONED IN THIS ARTICLE
Usc
Minneapolis
Duluth
Moa
Manitoba
United Kingdom
Liverpool
Buda
Paris
Broomhall
Chicago
Broomball
New York
Western
Rye— Mar Fob
Farley
Shorts
Argentina
May
May Park
Also Mentioned on This Page
Financial News
New Jersey
Bank of England
Celcutts, Merch
Berk of Bengal
Knickerbocker
Ates. Pii
South
United State
Ruby
Marion Crawford
S Gs Pac
Eegie
Country Produce Markets
Oregon
Sonoma
New York State
Indiana
Fresen
Tee
Telegraph
Marlborough
Blenheim
Atlantic City
N. J
Tt N
Bo i
Rhatic
Jersedeck
Bureau of Supplies and Accounts
Navy Department
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
Harlem
Lenox Ave
127Th St
Court St
Newark
Scheuer Buing
M Srspelder
American and Foreign Teachers” Agency
M. J Young-Fulton
Union Square
the Tribune
Seh
A. E
6Th Ave
East 14Th
Traymore
Gatlantic City, N. J
Traymore Hotel Company
Chas. O. Marquetie
DD. S&s White
Haddon Hall
Leeds
Chalfonte
Leeds Company
Crry
P. Cook
Dennis Atlantru
Walter J. Buzby
New York City
R. R
Browns
Cambridge
5Th Ave
Mad. S
Montclair
Montclair, N. Bt
Montclair Hotel Co
Virginia
Virginia Hot Springs
Fifth Avenue
Ofica
St.george
Bemuda
Best Hotel Booking Office
Broadway, N. TK
Europe
Tribune F
Sodeck P
S . Cor
East Asia
BT West
7Th
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