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Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Mar 27, 1908

Page

2

New York Life Notice of 1908 Director Election

Notice of election of directors for the New York Life Insurance Company to be held at the Home Office 346 Broadway New York City on Wednesday April 8 1908 from 10 am to 4 pm. Secretary John C McCall dates March 10 1906.

Detroit Mich Detroit, Mackinac & Marquette Railroad Company Central Trust Company Wall Street New York Blankerdere AN Locomotive Company Asi Broadway T. Callaway Sixth Ave York Awanna & Rr. ‘Rr.co West Street Fred F. Chambers Cleveland Cincinnati Chicago & ST. Louis Grand Central Station J. PY. Morgan & Co The New York Life Insurance Company Superintendent of Insurance Seid Broadway NEW York Life Insurance Company, RI John C. McCall Bia Rid New York City Byer & Co

Stock Market Declines With Mixed Turns At Noon

Stock market activity showed weakness at the opening with a late rally around noon. Bank clearings across major cities are listed, with totals from New York, Baltimore, Chicago, Boston and Philadelphia. Government receipts and expenditures are detailed including daily, monthly, and year-to-date figures. Sub-Treasury owed to the Clearing House noted.

New York Baltimore Chicago Boston Philadelphia London Madrid Lisbon Washington Sub-Treasury Clearing House

Railroad and Other Stocks Sale Report

Financial brief notes stock activity with railroad and other shares traded at 977.438 in daily sale figures. Market movement and price indices summarized for the session with emphasis on transportation equities.

Union Pacific Dominates Trade As Bond Issue Rumor Surges

Stock market centers on Union Pacific as rumors of financing and a large bond issue circulate. After an initial drop, the stock recovers slightly but ends lower, with other railroad shares also down amid cautious sentiment and official commentary on traffic and earnings.

Union Pacific Great Northern Northern Pacific James J. Hill Interstate Commerce Lane Bank of England

Money Market and Exchange Rates Reported in Detail

Money on call opened at 2 percent, with highs at 2 percent and lows near 1 percent, closing around 1.42 percent. Time money offered with moderate freedom though ease in call money reduced demand for fixed maturities. rates noted for sixty to twelve months. Foreign exchange opened steady with cables at 4.8630 to 4.8635, demand sterling around 4.8595 to 4.5605, sixty-day bills at 4.82. Short francs and reichsmarks moved modestly, market remained steady in afternoon. business dull. Domestic exchange varying by city with discounts and premiums noted for Boston, St. Louis, San Francisco, New Orleans, Cincinnati.

Cilosingsold Ask Eas Emcee Adams Express Allis-Chalmers Wettm Gr Twin Hide & L Vt Vas Ann Arbor Balt & Ohio Spatapitas Mng Steel Bethlehem Bklyp Buf Roch & P Ls& M Buf & Susq Butterick Ce Toudo Canadian Pacific Cuba Les Ain Telane Lugao Oa & T Hil & L Chi M & St Chi & N'west Col & South Co & HC &T Consol Coal Doe Cife Penn Denver & Rin Detroit Southern Dist Securities Erie Evans Sun Chem Esa South Ry Tex & Pac Union Pac Illinois Central Ty Col & So Monas R & Imp Iowa Central US Steel SF Kanawha & M Be Kan City & Ss Rat Ass Kcfsempf D& H Keokuk & DM Laclede Gas Lake Erie Manhattan St Louis Navos Msp&sis Steam Skes & TF Kan & Tex Missouri Pacific Ory Ash & Chatt Nat Biscuit Nowhouse Central Chi & Lote Norfol Fenorthern Pacific Coast Age Rey Pacific Mail Peoria Iron & Ni Rock Island Aim Rome Rutland Ida Tennessee Texas Trust Third Ave Rys & Light Talon Pacific Realty Utah Vandalia_RR Wells-Fargo Maryland West Union Westinghouse Mercantile Paper Cictieeseems Germany Rej Os Paris Sila Helgium Bitte Switzerland Holland Boston London New York Anaconda Atchison Pacific St Paul Louis & Nash Pacific Ur S Steel Idea Berlin

Foreign Bank Returns From London and Paris Report

London and Paris issued weekly bank returns showing mixed changes. Bank of England reserves fell while circulation rose. bullion and securities increased. public and government deposits shifted. Bank of France noted declines in note circulation, but gains in Treasury deposits and gold on hand with several asset adjustments.

London Bank of England Paris Bank of France France

Knickerbocker Trust to Reopen after Court Ordered Respite

The Knickerbocker Trust Company will reopen its main office and all branches on Thursday March 26 at noon, after a Supreme Court order ending the temporary receivership with approval from the Superintendent of Banks. New funds from stockholders and depositor support restore confidence, with a summarized balance sheet showing assets and liabilities as the reopening approaches. Directors listed include Frederick G. Bourne, Edward H. Clark, J. Horace Harding, Charles H. Keep, Samuel T. Peters, William A. Tucker, and Whitney.

Supreme Court Knickerbocker Trust Company Thursby Pos Maren Henry C. Frick Myron T. Herrick Lewis Day Ledyard Koickerbocks Trust Company Frederick G. Bourne Edward H. Clark J. Horace Harding Charles H. Keep Samuel T. Peters William A. Tucker Whitney Roickerbocker Trust Company

Letters of Credit and Cable Transfers Offered

The Farmers' Loan and Trust Company lists offices at 16 18 20 and 22 William Street with a branch at 475 Fifth Avenue New York. London Paris at 38 Bishopsgate a 78 Rue de Richelier promotes letters of credit bills of exchange and cable transfers.

Farmers’ Loan and Trust Company William Street Fifth Avenue New York Londo Paris Bishopsgate A Rue de Richelier

Also Mentioned on This Page

Osborn W. Bright Charles F. Bloomer Epward Sara Pine Street Chestnut Street Mount Vernon N. Y Kountze Bros Redmond Sco Chesteut Pine St Schmidt & Gallatin New York Stock Exchange Micmac CUMBERLAND-ELY _NEVADA CONSOLIDATED Ted G Johns Lew York Consolidated Steamship Lines Equitable Trust Company of Old Colony Truggy Company Alvin W. Krech Bondholders’ Protective Committee Niool Nassau Street New Tr American Bank Note Company Trinity Place Tion P. O. Bex N. Y. City Canthom National Bank Abesnd United Fruit Company Ee Charles A. Hubbard Amles F. E. Priggs WM. W. Heaton Trastera W. L. Douglass Cashier Fourth National Bank City OF New York Berg of Directors Proximo Charles H. Patterson Charles F. Cox Union” Pacific Rally Familie m Savannah Incowelling Allis-Chal Co Yilowa Kan City Amal Copper LE & W American Can Mn Mackay Co C & Fury Mexican Central H & L Pf Toy M & St L Mo Kan & Tex Missouri Pac Newhouse Féry P' Branny Central Tel Norf & West Northern Pac Pac Coast Coast Pacific Mall Ealt & Ohio Penn Railroad Batopilas Peo & East Ce Beth Stee Peo Gas & C Wgnklyn Rap Pitts Coal Co South Ee Ches & Chic Rep Iion & Bu St P Chic & Nwest Sl&sf Union Jst L& Swn St L Col Sloss-Shef Tilly Col & South Southern Pac Texas Pac Third Avenue Hudson den & Rio G United Cigar Pf & Z SIU Scirs IV SR & Np . Reef M& A Gen Electric Sivatca Wabash Ao West Triton Mfg Iowa Dl & So Dalai Salep Oy Lallate Money and Exchange American Securities Abroad Foreign Bank Returns G. Louis Boissevain Franklin Q. Brown Dumont Clarke Charles F. Hoffman Hinsdill Parsons Herbert L. Satterlee Payne Mortgar Investments Depositary Trust Company Yukon Gold Trading Tnt Mr. Lawson Charles C. Clapp Thomas W. Lawson Lawson Charles C. Clapp & Company, Bankers and Brokers Congress Street NEW York Produce Exchange Bank New York Clearing House Association Nedes- Seesse John R. Wood Thomas 8. Nichols Adelbert H. Alden New York Commercial John E. Berwind Berwind White Coal John A. Hance Jesup & Lamont Walter ©. Hubbard Hubbard Bros. & Co James McMahon Emigrant Indus Savgs Bank Forrest H. Parker New York Produce Exchange Edward ©. Rice Rice, Quinby & Co Grain and Tour Albert S. Roe Ontario Car & 5 John FE. Weeks W. D Bastith Jonn R. Wood Mercrr Tor Mog. Co Ste
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