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This newspaper page contains 7 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 12, 1908

Page

17

Sharp Rise in Stocks Across Major Groups and Bonds

Closing stock prices show gains and losses across Am Can, Missouri Pacific, Anaconda, Northern Pacific, and many others with varied net changes. Bond and commodity details follow, including government receipts and Sub-Treasury indebtedness, while gold, silver, and Mexican exchange rates are noted.

Amal Copper Met Street Ry Ai Ag Chem Mexican Central Wim & St L IMSP Northern Pac Pacific Coast Atchison Pacific Mail Penn Railroad Coast Line Peo Gas & C Ohio Ipcce& Stl Bkiysn Rap Caradian Pac Steel Spring Ashes & Obio Gt West Ep Iron & Stl Qck Island Sloss-Sheff Southern Pac Southern WiTenn Copper iTexas & Pac Ora Do Land Trust Deal & Hudse Trreit den & RG Bag & PP Union Pacific U Scip & F En Chemical U SR & Ref Gen Electric Gt North U S Steel Hock Vail Illinois Cent West Mary West UN Iowa West W&le J Louis & Nash Mackay Japan Pac Penn Palaia Seeneke T&s F Steel Ss

Record of a Stock Market Rally and Rumors in 1900s

The market opened weak then surged after noon on reports President Roosevelt backed higher railroad freight rates to protect wages and a Union Pacific asset-segregation plan. Big gains led by Union Pacific, Reading, Southern Pacific, with a day’s volume near 950,000 shares. A Washington inquiry into stock trading had no immediate effect, while regulators could consider curbing stock gambling.

Union Pacific Shorts Reading Southern Pacific St. Paul United States Steel Common Preferred Commission House Washington Roosevelt New York Stock Exchange Commissioner of Corporations Oes

Money Market and Foreign Exchange Update

Money on call opened at 2 percent with a 14s per cent high and 2 percent closing. Time money active at 2 2 percent for sixty days and 4 percent for ninety days, higher for longer terms. Mercantile paper active with moderate absorption and varied rates for 60 to 90 days and four to six months. Foreign exchange opened steady near 4.90 to 4.8055 for cables with demand sterling and sixty day bills quoted. later declines and easier tone with lower cables and bill rates. Bankers' posted rates listed for sixty days and international currencies. domestic exchange figures for several cities noted with minor premiums.

Mercantile Paper Reichsmarks Demin Sss Germany Paris Trance Nv Boston Jcago St. Louis Socciscount San- Ma Aight

Financial Market Roundup and Industry Updates

London stocks opened higher then sold Union Pacific as sales outpaced purchases. Amalgamated Copper led declines among American stocks in London while the general market was quiet. Dividends were declared by American Type Founders, American Iron and Steel, Royal Baking Powder, and Union Switch and Signal. Taft named Speyer New York a Philippine funds depository. six depositories hold about 10.09 million dollars. Nevada Consolidated Copper’s new bond issue drew 95 percent subscriptions. Interstate Mortgage Debenture Company to dissolve. Iron and Steel trade notes say demand remains steady, with agricultural and canning industries busy. foreign steel trade improves, but domestic transactions light.

Adams Express jAmerican Amer Express Amer iAmer Hide & L S. J ' Ort Amer Sugar Amer Tel Aimer Archison Coast Eait Ohio Rio Bethlehem Ste Buffalo Z &P Butterick Couff & Susq Canada Sorathern Ist Jae Chesa Chicago Alton M & St Col & An He & T Iklyint Consol Gas Denver & A Detroit Erie Evans & T H Federa Federal M&s Stanley A Earn Co Gen Electric Co Havana Linois Central Ingersoll-Rand Iowa Central Kana & M Kansas Keokuk & Ag Lake Erie & W Louisy & N Manhattan Central St Louis St M Kan Texas Missouri Pacific Nash & Chatt Nat'l Biscuit Nack & W Penn Ee Gas & Coke Rite Ssi S L Wei United R'ylewseercs Utah Alan Vandalia Iron C &C Wells Fargo West Maryla Tinion Tel Westinghouse Wheeling & L. E London Union Pacific American Type Founders Company American Iron and Steel Company Royal Baking Powder Company Union Switch and Signal Company Taft Banking House of Speyer New York United States American Tobacco Board American Tobacco Company B. N. Duke Thomas B. Yuille C. E. Halliwell Iron Trade Review Eilroads Lelivteed Messrs. Sperer & Co Rock Island Arkansas Louisiana R. R. Co Messrs. Speyer & CO Pine Street Chicago, Rock Island & Pacific Railway Company Geo. T. Boggs Ass’t Treas

Outside Securities Rally Lifts Nevada Copper Stocks

The market for outside securities showed improvement with broader trading and a firm general level. Nevada Consolidated and Nevada Copper issues led gains, Cumberland-Ely rose, and other copper shares edged higher while Standard Oil fell sharply. Guggenheim Exploration traded back in and gained, Manhattan Transfer rose on active trading as gold and silver shares recovered. Rends remained firm.

Bay State Manhattan Spencer Leasing Iena Sala Etna Yrererinie Soeneriecess Ing Sale Bonntie Claire Boston Copper Ites Isles British Cat Copper Butte Coalition Butte Ariz Cumberland- Ely Davis-Daly Estate Dromintots Florence Aera Foster Aeral Giroux Iit i V1-18) Wy Field Conty Greene Alem Ate Mines Co Aim McKintey- Dareeg Montezuma Nevada Utah Nipissing Mines North Butte North Cobalt Red Hill Trethene Tri-Bultien Union Mines United Rice Nevada Consolidated Cumberland-Ely Greene-Cananea Boston Tri-Bullion Douglas Guggenheim Exploration Manhattan Transit Standard OU

London and New York Markets Signal Mixed Investment Tone

Foreign money markets show London call money at 3% and 3.5% with short and long rates. Berlin and Paris discount rates and exchange rates listed. British concealment money at 4.75% and rentes around 67% with francime values noted amid a flurry of financial figures.

London New York St Paul Louis & Nash Pennsylvania Reading South Pac Union Pac U S Steel Berlin Paris Berlin Exchange

Philadelphia Stocks Report Incomplete Note

Fragmentary stock table note from Philadelphia market pages. Mentions Charles D. Barney & Co. and Brat raienee at tan eas He ts ete oe Philadelphia, indicating a brokerage listing with missing data.

Charles D. Barney & Co Philadelphia

Also Mentioned on This Page

Guaranty Trust Company of Nassau Street Lombard St E.C Michael M. van Beuren Mulford Martin Richard M. Jesup van Beuren, Martin & Jesup Wall Street Metropolitan Bowery Bank Produce Exchange Bank National Butchers & Drovers’ Bank Clinton Gilbert Wall ST John B. van Texas Company Standard Milling Babcock & Wilcox TRUST O. OF America Chase Nat. Bank Frederic H. Hatch Bread Street Montezuma Mines W W.K. Clare & Son Fred N. Y Broad ST Micmac Hae Vesterda Micmac Nevada Consolidated J. Thomas Reinbardt Ustomer Tnequalied Sa Eaee Alee Peace Americax Type Founders Company Cenmunipaw A Jersey City X. J TPAS Parabie Morris 1. Smith, Treaser Ami Frede J. Waksurton Hicago Melwat A Ees American Sndfe Company Fiten Avenue N. C Erek Quemnon Ican Snuff Company Ays E. D. Christian, Secy Treas American Telephone and Telegraph Com American Can Company steckhelGers R. H. Selmon Jefferson & Clearfield Coal & Iron Co Molay Beth Cedar St T & Price Gurranty Trust Company of Jefferson & Clearfield Coal & Iran Oe GEO HH. Clune Easter New Orleans Cincinnati Savannah Baltimore Madrid Lisbon Mexican Exchange Sub-Treasury Clearing House Pac Trust Wits A&a P Tex & Pac AMS Fay Union Col & So Lee Wabash Seu Do Fay Gr Bay Industrial tOdd Lote Panama Canal Nevada Consolidated Copper Company Rock Island & Pacific Railway Company Chicago, Rock Islang 4 Pacific Railway Company Speyer & CO State OF New York New York City State St WM. A. Read & CO East German St la Salle New York State Kountze Bros Broadway Outside Securities Bowling Green Trust Co Edwin Gould William H. Taylor Chas. P. Armstrong John A. Hilton 3D V.pres. & Treas William M. Laws Charles P. Armst Frank Brainard Harry Bronner Franklin Q. Brow Robert ©. Clowry Edmund C. Converse Nelson Cromwe P. C. Costello Grenville M. D. A. Goepel Frank J. Gould George J. Gould Myron T. Herrick Edward T. Jeffery Winslow S. Pierrs Morton F. Plant Dick S. Ramsay Frederick B. Schenck Andrew Squire John P. Truesdell E. F. C. Young Metropolitan Street Railway Company General Mortgage and Collateral Trust Guaranty Trust Company Circuit Court of the United States C Purt York City Wit Alexander J. Hemphill Donald MacKay Edward H. Ladd William P. Dixon Henry Evans Tohn Spooner R. C. Newton Nassau St the Trust Company OF Amerigh Gresham St. Londom American Securities Abroad Lehigh Val Marsden Cambria Steel Phila Co Penn RR Co Bat Co Penn Steel Co Fairmount Phila Kap Lake Sup Corp Union Traction Lehigh Nav. Sk Welsdach C Phila Bec Rlec
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