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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Mar 16, 1908
Page
13
Washington reports at open of business show reserve field coin and bullion at 150,600,400 with trust funds to redeem outstanding certificates. Silver dollars and currency totals cited include 1,500 years of value, and national banks in the Philippine treasury await reimbursement. Aggregate figures reach into the hundreds of millions across multiple accounts.
The stock market rose last week amid broader sentiment gains and heavy professional buying. Reports cite potential Sherman anti trust law modifications and possible rail pooling policy changes, while evidence shows persistent cautiousness as freight rates and general trade improve slowly and capital remains wary.
The week’s trading shows extensive activity across railroads and industrials with many names listed, including Adams Express, American Can, American Locomotive, Bethlehem Steel, Erie, New York Central, Reading, and Union Pacific. Prices, highs and lows are given for 1907 and 1908, reflecting week-end closings, weekly fluctuations, and yearly ranges for a broad set of stocks.
The New York Clearing House exchanges and New York Stock Exchange stock sales are reported for the week. Figures show total exchanges near 1.244 billion dollars, with prior weeks at about 2.014 billion and 1.860 billion, and share counts around 4.0 million.
Government bond quotations show slight shifts from March 4 to March 7. Listed issues include U. S. registered securities, coupon bonds, and various small lots dated 1906 1908 1909 1923 1925. Bid and asked prices appear with percentage ranges and notes on registration or coupons.
Chartered 1822 the Farmers' Loan and Trust Company lists offices at 16 18 20 and 22 William Street in New York with a branch at 475 Fifth Avenue. London and Paris offices are noted at 18 Bishopsgate St Within and 78 Rue de Richelieu for letters of credit bills of exchange and cable transfers.
A catalog of assorted securities and preferred stocks from various issuers including Manhattan Transport, Niles-Bement-Peabody, Am Typewriter, Royal Bank, and Seaboard, with quoted prices and preferred share details. Entries cover industries from elevators, paper, tires, fireworks, to motor vehicles, signaling, and iron and steel, reflecting a diverse market listing.
The Tribune reports fourth week earnings for fifteen railroad systems with gains totaling 484,720 and losses of 772,08, yielding a overall loss of 287,200. First week of March across thirty-two railroads shows three gains of 23,311 and twenty-nine losses of 1, with a total loss of 779, or 12.6 percent.
Henry E Ooper listed as secretary with an address at No 26 Broadway New York City.
Advertisements and subscriptions fore tricks s received at their Uptown Office No 136 Broadway between 36th and 5th until 8 o'clock p m Adver tisements received at branch offices regular office rates until 6 o'clock p m viz 366 9 eve 5 c cor Dkst 153 th ave cor 12th st 9S East 4th et S57 West 42c st between 7th and Schavem Wheeling Lake Frieze First week in March 900059 S IyaGT sea Jay 1 to March 7 4087251 4004u1S 4504597 Chattanooga Southers Fourth week in Feb 15 00 15 July 1 to Feb 2 ree Vert Tas Toledo St Louis We Fourth week in Feb 6n 510 July 1 to Feb 2 Dida Pacific Coast Month of January Number of miles im Gross earnings 4 4714 Operating expenses 3 995 45 Net earnings Trips 798 26 se seia 8 Richmond Frederickssurg Potom at Month of January 2 Gross earnings 738 048 rue a Expenses a 47 is 2 50 Gross earnings to be Sece ja Operating expenses so es Net earnings 2 on Italy 1 to Jan 31 Net earnings 920505 0 5% se 108 July 1 te Jaz a1- or Gross earnings 1 128 234 7 4ST op WaTONE aconcemwass SOS G8 Tee 14 on Met earnings T moe gr7e sa gra
The report lists high and low price figures for multiple mining and industrial stocks including Bay State Gas, International Sale, Standard Oil, Boston Copper, Dominion Copper, Ely Central, Goktieid, Greene Gold, Nipissing, Nevada Smelting, Union Mines and United Copper among others. Trading activity shows varied gains and declines across these entities with several items in the 1,500 to 14,100 range and notable entries such as Nipissing at 1.00 and Nevada Smelting at 14,100 reflecting sector volatility.
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