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Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Mar 11, 1908

Page

17

London market closes firm on American securities

London with the market for American securities closing firm at 4 p m. Final prices show foreign money markets and exchange rates. Open and discount rates for short and long bills in London, Berlin, Paris noted, with Paris exchange on London and Berlin exchange on London provided. British consols and French regimes quoted with applicable francs and centimes.

London Berlin Paris Paris Exchange

Government bond closing quotations recap yesterday

Yesterday’s bond ratings show bids and asks for March bonds with mixed results. Notable entries include two year notes near 106 percent and registered issues around 19 percent, reflecting modest demand and varied coupon structures amid market activity.

Active curb stocks export figures indicate trade totals

Week ended March 10 shows merchandise exports of 17,878,022 in one metric and 12,400,893 in another. From January 1 totals reach 167,002,882 and 125,809,605 with a final figure of 126,512,467 for the period.

Oh. My U

Stock Market Mixed After Brief Advance Fades

The market opened with gains but soon turned downward and closed near its lows as public participation remained weak. Traders cited uncertain business outlook, heavy public losses, and rumors of railroad rate hikes and a possible Roosevelt message on corporations. Copper shares dipped despite a brief rally. Amalgamated fell while Erie common rose modestly.

Interstate Commerce Commission Roosevelt Stock Exchange Amalgamated Erie Common

Money Market and Foreign Exchange Report Summary

Money on call opened at 2 percent with slight firmer tone aided by $7 million government deposits returning to banks. Ninety day money up to 4 percent. sixty days 3.5. four to six months 4.44. one year 5.51. Foreign exchange opened easier. cables at 4.56 4.86, demand sterling around 4.96, sixty day bills around 4.83. Bank clearings show New York at $210.6 million, Chicago $40.3 million, others listed. Sub-Treasury debt to Clearing House stands at $65,740. Government receipts day $1.56 million, month to date $14.01 million, year to date $429.19 million.

Mercantile Reichsmarks Terling Germany Paris France Belgium Frances Switzerland France - Holland Guthers Ye New York Baltimore Boston Philadelphia Chicago London Madrid Lisbon Washington Sub-Treasury Clearing House

United States Mortgage & Trust Company Annual Meeting Notice

United States Mortgage and Trust Company will hold its annual stockholder meeting at 55 Cedar Street Manhattan New York City on March 2 1908 at 10 30 A M for director elections and other business. Transfer books close March 1 1908 at noon and reopen March 27 1908 at 10 A M Calvert Brewer secretary.

United States Mortgage & Coast Company Cedar Street New York United States Mortgage & Trust Company Bethlehem Steel Corporation Broad Street Newark N. J B. H. Jones New York City Railway Stead-String Company Broadway Sith Harvey Fisk & Sons York City Railway Steel-Spring Company EB. McCormick Guggenheim Exploration Company Chas K. Lipman Mergenthaler Lisotisa Steeter Maretz SF Aml Wennesigg We Oeclock A. M Manhattan Railway Company Interborough Rapid Transit Company Park Row Mashatug Railway Company W. M Williams

Outside Securities Market Mixed as Copper Stocks Firmed

Activity in outside securities showed a generally firm tone with fractional gains in leading copper stocks. Cumberland-Ely and Nevada Consolidated attracted strong demand, while Butte Coalition and Greene-Cananea rose slightly. Tri-Bullion surged before easing, United Copper stayed weak, and Gold Field remained in fair demand with some reversals. Strong oil issues and rail bonds also moved, as Consolidated Steamship 4s traded actively around 4%.

Cumberland-Ely Nevada Consolidated Butte Coalition Greene-Cananea Boston North Butte Trinity Tri-Bullion United Copper Standard Oil Chicago Bay State Consolidated Steamship

Cobalt Stocks in Toronto Column Note

Cobalt stocks listed in Toronto as furnished and corrected daily by Stewart and Lockwood, successors to Wills, Stewart and Co of Exchange Place.

Cobalt Toronto Stewart & Lockwood Wills, Stewart & Co Exchange Place

Peoria and Eastern Railway Mortgage Bond Offer Detail

Board of Directors declares 6 percent mortgage bonds offered at 60 percent interest payable in cash. Office in New York handles subscriptions with April 1 date. Requires capitalization of 100 for full plant funding. Mentions capitalists with moderate means urged to invest. Positive net profits and potential for expansion noted. full particulars by fee upon application.

Schmidt & Gallatin New York Stock Exchange Broadway New York Peoria & Eastern Railway Messre J P Mowen & C O Charles F. Con

TOPICS OF THE STREET Roses and Trading News Mixed

Foreign trading reviewed with about 15.6 shares on balance purchases including United States Steel Pacific and Reading stocks in London remained quiet while the general market closed near the day’s high. Dividends were declared by several rail and industrial firms including Chicago Northwestern National Sugar Virginia Carolina Chemical Mergenthaler and United Company. Copper quotations advanced slightly as copper trade rallied. Phenix National Bank published a third annual financial statement detailing assets loans deposits and surplus. State highway improvement bonds were approved for 4 percent semiannual terms. Cort Product stock and Cort Product Company stock were stricken from the list.

Adams Express Amvericea Am Locomotive Amer Do Amer Steel Amer Amer Tel & Cab Amer Tel & Tel Amer Woollen Anaconda Ann Arbor Alison Ad Coast Line Batopilas Ohio Thiehem Steel Brunswick Buffalo & P Sees Central of N S Chesa Chicago & Alton Chic & E Bate Chic Ind & Sp Gee Chie M & St B St Il ST — Cleve Lor & W. Astee AS “Leve & Pitts S & Southern Cel & HC &l Consol Coal Consolas Denver & Rio Detroit Southern Detroit Tn Evans & TH A Knots Central Ingersoll-Randral Freitas Iowa Central Inter Marine Kansas City Keokuk & DM Laclede Abe Lake Pierte Bale. Loutsy & Nash Ay Aelf Mackay TGR Bay State Manhattan Spencer Leasing SIS Atoliz - Michigan Ara & St Louis Missouri Pacific Chicago Subway Nasi & Chatt Loo Nat'l Biscuit Nat En & Lips RAL Mining Krroft Mex Blue Bell Toeenhouse M&s Cent Boston Central OSWS Butte Coalition Ae New York Dock Ariz Smelt Lack Lsmm Tide Cumberland-Ely Davis- Daly Estate H&e Dominion Ontario Belcher Td Hull Pacific Mall Blue Bell Penn RR tGobhifield Comstock Peoria East Soldfield Gt Bendals fFoldfeld Kendall Imperi Goldfield Kendall Merxicon Tolm Pullra Icheene Gold Pan Montgomery Mary McKinney Uae Wwe Nevada Rome Wat Nipissing L&sf North Hutt North Butte C&e New York Hill Sears- Roeh Am L & Treo Stackson Gas Sloss-Sherla&l Lafay Southern Pacific Tonopah Helmont Bingnam Lowe Tonopah Buffain Gas Midway NY & E Texas & Parifir Bullignot Land Trust Trinity P&g Ind Union Mines Paterson & Pas Toledo Twin City Fort West of Felt St Paul Gas Union Pacific United R’y United Cigar aeNr L Vaneava Wells Fargo Maryland West Union Telmoe Westinghouse Wheeling Wisconsin Roses United Sta Uni Pacific Pennsylvania Reading Can London Chicago & Northwestern Railway Company Steek National Suzar Rpany American Telephost and Telegraph Company Veginia-Carolina Chemical Company Tise Mergenthaler Lt Type Mareh National Lhcelaty Company United Company Hart New York Metal Ake Ma Phenix National Bank Prems Arecnd New New York State Esterdat Albany

Also Mentioned on This Page

Joan Munroe & Co Post Office Pine St Commercial Letters OF Credit Foreign Exchange Munroe & CO Rue Scribe Michael M. van Beuren Mulford Martin Richard M. Jesup Wall Street TOR Arthur Cramp the Times America ParisExchange,Ltd Basildon House, Bank England R. KL. Day & CO Wall St Congress St Beyers& Coo Bankers Walst Hanover Lawrence Barnum & Co Pine Street merican-Binance and Securities-Co Nassau-St- New York Nevada-Consolidated Conentaeesy Edwards TRB Stors Asar Worth —Bay SevaGa Vous Goldfield Consol Mazhattan Transit Reinhardt Broad ST N. Y American Securities Abroad Lancen Ana Basen Iar Tcoupon sTurmished Lyer & Co Isia Ofer Tiel Amal Copper Kan City Ovese Am Ag LE & West Louis & Nas Cuba Mackay Cos Nat Adams Newhouse Nynh&h Norf & West Aachen North Amerie Billy Do Bait AT & SF Pacific Coast Pkirn RT Pacific Mail MK & Tex Penn R R Peo Gas Hes & Ohio Alton És Cm & St Rock Island Chic & Nowest A. Reid South Pacific N & VW Oty Co Fuel & Ir Col & South Taien Pacific Ry Invest IP & F Ds S&a R & Imp Tom Penn Court Gen Electric On Ag Tod P & East Inc Bite Alten Raeoca Coal Tex & Pac Col & Sn Inter Cor Shore Sonny Honda Consolidated Exchange Sales Top & Swees Balt & Ohio Brooklyn Zan Pacific Ches & Ohio Gt West SM Alo Mi & St Col Fuel Dist Securities Gt Northern Leals & Nash Central Als Eno Mo Pacific Font & W Nor Pacific People's Gas Southern Ry Union Pacific S Steel Rao Industrial tSimal Money and Exchange Farmers’ Loan and Trust Company William Street Fifth Avenue Bishopsgate St Rue de Richelieu Northern Railroad Company Hollers Edgar L. Marston John W. Hamer Strong & Cadwalader van Schaick & Co Eee United Railway Norf Ry & Lt Ge & VT T & Power Pf Chas City Ry Seaboard Union Trust Nat Bank Fidei Y Cornwat Mary Tang American Bank Note Company Trinity Place The Wall Street Journal Calvert Brewer Annual Stockholders’ Meeting Outside Securities Buffain Nova Scotia Peterson Lake Cobalt Lake Tretheweys R. L. Day & Co Marth Boston & Sib Boston Bleims Cal & Hee EH & H Franklin Colony Granby Old Me Wolverine Atlantic Shannon Utah Esse Bingham United Fruit tCente Tru Union Bag & Paper Company Virginia-Carolina Chemical Company Richmond W. Travers Rie Ee Rox Tribune
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