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This newspaper page contains 9 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 17, 1908

Page

13

London Markets Close Quiet on Foreign Money Rates

London on March 14 reported dull activity in American securities with final prices mostly steady. Foreign money rates showed Caill money at 403 per cent, London shirts bills at 2% discount, long bills 2½ per cent, Berlin 4%, Paris 2½ per cent, exchange rates 2 francs 17½ centimes, Berlin on London 279 marks 45 pfennigs, and British consols for money 60ⅿ? percent with accounts at 84⅚ percent. French rentes quoted at 97 francs ex interest.

Caill London Berlin Paris

Government bonds yesterday close compared with Saturday

Yesterday's closing quotations for government bonds show renewed activity compared with Saturday. Investors weighed short term yields against longer term debt as traders noted modest changes across maturities and minor shifts in demand.

Cobalt Stocks in Toronto Trade Noted in Brief

Farnished and corrected Cally for Stewart and Lockwood, race stars to Wills Stewart and Co. No. 42 Exchange.

Cobalt Toronto Stewart & Lockwood Wills, Stewart & Co

Reaction in Stocks Prices Decline After Heavy Trading

Stocks opened strong but drifted lower as heavy trading pushed prices down across sectors. Lists show declines in Allis-Chalmers, Amalgamated Copper, American Can, Anaconda, Atlantic Coast Line, Reading and many others with notable net changes and closing values. Bond prices also moved, with government receipts and deficits noted, while silver and gold markets fluctuated and Mexican exchange cited.

Allis-Chal Co Similarat Te Amal Sare S&m Lion City Louis & Nash Féry Mackay Cos Nat E & St Am Steel Fury Inyo W North West North American Anaconda Northern Pac Atchison Ratopilas Pitts Coal Bkiyn Rap Tr Se Canadian Pac Si Ry Steel Spring Iea S& Cent of NJ Rep Iron & Sti Ches & Ohio CME Nwest Sloss-Sheff Southern P Tenn Copper C&ehceil Texas & Pac Consol Gas Do Land Trust Tstl& W del & Hudson den & Rio G. A Tin City RT Trion Pacific Ita Scip& F Tekan Erie Rubber I & Steel Gen Itah Homestake Wabasha Ilinois West Maryland West UN Tel West Mfg

Stock Market Slump Follows Brief Rally After Supreme Court News

Afternoon trading saw a broad market decline with most issues closing lower by fractions to more than 2 points as profit taking and short covering offset a prior rise. Leading rail stocks fell sharply while United States Steel and Amalgamated Copper dropped, and Missouri Pacific briefly rose on short covering amid mixed copper and export data. The February foreign trade report showed exports at 167.9 million and imports at 79.1 million, the largest February value but well below prior peak months.

London Supreme Court of the United States Armour Packing House Elkins Crucible Steel Washington Union Pacific Atchison Reading New York United States Steel Common Preferred Missouri Pacific Son” Common

Money Markets and Foreign Exchange Report

Money on call opened at 2 percent with a 1% to 2% closing range and a 2% last loan rate. Time money held flat as supply met modest demand with rates from 3% to 5% for various terms. Mercantile paper remained cautious, with strong names selling and wide indorsement rates. Foreign exchange opened steady, cables around 4.95 to 4.99, sterling near 4.56 to 4.86, and sixty day bills near 4.55 to 4.85, easing in the afternoon. Domestic exchange shows mixed regional discounts and premiums, with bank clearings in New York at $197,968,935 and related balances, and other cities noting varying figures.

Actan Adams Ne Allis-Chal Co Agr Chem Amnae Am Coal Am Express Hide & L Ann Arbor Atchison Aly Ealt & Ohio Batopilas Beth Steel Bklyn Rap Brunswick Buff R&p Chic & N'west Cc & St L del Lack & Wa den & Rio Gr Detroit South Erie Evans & Ter H Chem Granby Mining Havana Inger Rand Co Inter-Metro Inter Power Iowa Central Kanity & So S&m Keck Laclede GS Lake Erie Long Island Sans & Nash DRI Mackay Co The Maryl St Ry S Central Minn & St L As $ St M Moran & Tex Missouri Pac Nash Nat Biscult Ing Am. Ice New Cent Coal Rae New York Brook Rap Tran Ches & Ohio NYN Dist Sécurities Norfolk & Wn North Amer Louis & Nash Pay Northern Pac Tere Wits Zee Ontario Pacific Pacific Mail Penn Nor Pac Peoria East Nor & West Cs Peo Gas & Per & Sth Pennsylvania Pull Palace Cartel Mts Mouthern Ry Ry Steel Texas Pac Union Pac Rock Island Rome Wat & Og Os -Rut RR West T&g I L & West SUL & TI Sears Southern M&o Texas & Pac Rys & FT L. West Twin City U.S Sony Viand Ae Union ‘Tela Westing Ee Co Wheel & Lake Wileconsin da Ee Mercantile Paper Tims. Com Reichsmarks Se Aftenoon Semgracesan Galle Germany Paris Belgium Switzerland Holland Guilders Boston Chicago St. Louis San Francisco New Orleans Cincinnati Savannah Baltimore

Street Topics and Market Moves across Markets

Foreign trading showed about 10 000 shares bought with Union Pacific United States Steel and Atchison leading. London curb activity mirrored the gains while Consols softened. Nipissing Mines and Fifth Avenue Bank declared quarterly dividends payable April 26 and April 1 respectively. Nipissing and Nineteenth Ward Bank directors reshuffled with new names. American Light and Traction elected Blumenthal to aid directors. Nipissing added Watson. Western Gas elected Foster Joyce Lathrop. others re-elected. Lead price rose again to 4 cents a pound, total weekly gain. Stock Exchange seats strengthened with bids near 60 000.

Union Pacific United States Steel Atchison London Nipissing Mines Company R. P. Watson J. G. Hopkins John S. Foster William B. Joyce Alanson P. Lathrop Western Gas Company William L. Bull W. E. Case Junius M. Stevens American Smelting and Refining Company Stock Exchange

Fragmented Overlong Security List From Receivership Notice

A chaotic OCR fragment lists numerous securities and shares from multiple banks and companies. Items include First National Bank of Yonkers, Brooklyn, Evansville Light Co, Peoria Light, Texas companies, Lincoln Gas Electric, International Banking Corp, New Amsterdam National Bank, and various railroad and insurance interests. The note appears under order of receiver with multiple share quantities, maturities, and pledge descriptions, lacking coherent narrative.

Simpson Securities Co Union Typewriter Bank of Yonkers Bank of Grooklyn Texas Ompany Lincoln Gas & Electric Light Peoria Evansville Light Co Ptt Evansville Light Co Brockville Westport Western RR

Outside Securities Show Mixed Early Trading

A cautious opening in outside securities gave way to a late session push as several leading issues edged higher. Nevada Consolidated, Counterbend Ely, Tonopah Mining, and Nipissing showed activity within narrow limits while Goldfield Cee and Nevada ceuli dated bonds moved slightly.

Greene-tunanea Nevada Consolidated Counterbend Ely Bulltom Nipissing Goldfield Sralsy Tonopah

Also Mentioned on This Page

State St. Boston the Rookery State of New York Kountze Bros Broadway Henry Clews & Co Waantreed Trust .O. OF America Morris & Essex Kings CO. Electric Light & Power Chase Nat. Bank International New Jersey Frederic H. Hatch Broad Street Bank and Trust CO Clinton Gilbert Wall ST Redmond A.o. High Grade Investment Securities Philadelphia Chestnut St Pine St Fred’k F. Wrarquand Consolidated Stock Exchange of Broad ST N. Y Buffalo Mines Limited Buffalo Mines, Limited George Miller Secretar Tribune Brosaare Sith Ste Oclerk P 6Th Ave 7Th Sth American Securities Abroad He & Napvitte York Central Wits Pennslvania Panama Canal New York City Eyer & No Wall Street Bia Bee Kia Amhed iNova Scotia Central St Peterson Lake iMebalt Lake Silver Queen Teashar Meehar Kerr Lake Red Rock McKintey Trethewey Japan At&s L& S Madrid Lisbon Sub-Treasury Clearing House M . Gste Adams Ls & M Rygen Seil Togo Do 2d Inc C & St H& H Aon Sond Nor Pac Sane Penn Co Peo & E Inc Mtv Tex & P West Shore Taou Consolidated Exchange Sales Blue Bell Cal & Va Comstock EL Paso Elkton Montgomery Mt North Tar SOO Tonopah Belmont R. L. Day & Co Albany Heston Eleizd Cal & Heela M Centennial Fitchburg Nynw&h West End Wolverine U S Atlantic Utah AG Bingham United “Fruit Money and Exchange Chicago, Rock Island & Pacific Railway Company Messrs. Speyer & Co Rock Island, Arkansas Louisiana R. R. Co Pine Street Geo. T. Boggs Ass't Treas Speyer & CO Trust Company OF America Wall Street, New York Gresham ST Spencer Leasing Ae Mining Alaska Atlanta Goldfield Heston Copper I Butte Coalition Ityte Butte & New York Halt Central Ariz Simelt Cumber-Ely Ey Davis-Daly Dominion Assle Douglas Florence Foster Gold Hill Greene Cananeas Greene Gold Mit Hell McKinley Dar Montes of Mont Shorom Utah T'S Penn Wyoming Red Hill Tinton Trinity Copper Mts Oe Union Mines M & Lo Charles BD Barney & C Th Street Lehigh Val Marsden Te Cambria Stee Phila «Co. “ Ae J. An Teais Eleest Bat Penn KR Co Elec Vo Penn Steel Co Do Sa Phila Co E &O Wy Andrew J. Metormack Adrian H. Muller & Son William ST Minos Vesey “Street Collust & P. c. Bondy Dominion Park Co Colorado Fuel & Iron Co P. c. Wevear Gol American Ike Co P. c Cin Ham. & Payton Ry Central Trust Co Dominion Park O. Limited International Banking Evansville Terre Haute R New Amsterdam Natl. Bank I Publishing Ohio & Little Kanawha Pine Creek Greenwood Lake R. E Sharon Rio Grande Southern St. Louis, Iron Mt. & Southern RR Rae Toledo Title Insurance Co St. Joseph Iran United States O. of Broadway Trust Co Tidewater & Western KR Tidewater & Western Broadway Building Co Maffen Lane National Copper Bank First National Bank of Pri Home Insurance UK Ity Investing Co Chicago, Ind Louisville Carnegie Trust Albany Insurance Amalgamated Copper Northern Pacific RF Southern Pacific R. R Ham Dayton Topeka & Santa Fe Louisville & Nashville Mt & Ow McKeesport & Belle Vernon RR Provident Savings Life Assurance Society Merchants” Exchange Shere Line Sim United Gas & Electric Co. Pri Orleans Outside Securities Vansehaick & To Fed Ga United Railway i Cotten Light & F Seaboard Maryland Trust
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