United States Mortgage and Trust trims board to twenty one
The United States Mortgage and Trust Company reduced its board from twenty three to twenty one after the resignation of George M. Cumming George G. Haven Jr and William B Leeds and the addition of L C Krauthoff. Cumming also resigned as president. Arthur Turnbull becomes acting president while retaining his vice president tenure. Other officers re elected except Samuel B Coit replaced by T W B Middleton. Krauthoff joins board. he is a Central Leather Company director and noted corporate lawyer.
MENTIONED IN THIS ARTICLE
United States Mortgage and Trust Company
George M. Cumming
George G. Haven, Jr
William B. Leeds
L. C. Krauthoff
Cumming
Arthur Turnbull
Turnbull
Post & Flagg
Samuel B. Coit
T. W. B. Middleton
J. C. Krauthoff
Central Leather Company
Stock market weakness shows lower daily volume
The day’s total sales amount to 580,531 shares, down from 768,302 a year earlier and 8,744,627 for the same period. Through January 1 to April 30, inclusive, total shares reach 53,902,995. Unlisted small lots indicate a subdued trading day.
Financial Affairs Weak Tone In Stocks
Stock market closed weak amid light volume and news silence, with declines concentrated in key issues. Westinghouse dropped eight points, Pennsylvania faces a suspected dividend cut, and idle freight cars hit records, signaling cautious sentiment despite some rail earnings strength and ample time money availability.
MENTIONED IN THIS ARTICLE
Westinghouse
West‘anghouse
Pennsylvania
American Railway Association
United States
Canada
Union Pacific
Southern Pacific
Bank of France
Bank of England
American securities abroad irregular London market
London reports show uneven U S security prices with gains and losses across major issues including Anaconda Atchison Canadian Pacific New York Central and United States Steel. Foreign money markets show open discounts and exchange rates in London Berlin and Paris with varied discount rates and franc and mark values.
MENTIONED IN THIS ARTICLE
London
Anaconda BS
Atchison
Canadian Pacific
St. Paul
Ihiiness Central
Louisville & Nashville
New York Central
Pennsylvania
Reading
Southern Pacific
Union Pacific
United States Steel
Wall Money
Erlin
Paris
Paris Exchange
Terlin Exchange
Bond Market Sales Highlight Bonds and Totals
A dense list shows varied bond issues with prices and yields across utilities, railroads, steel, oil, and other sectors. Key entries include Lackawanna Steel, Am Cat Oil, Am Tobacco, Union Pacific, Reading Gen, and Westinghouse, with total bond sales totaling 3,085,000 and notable 4s and 5s across multiple issues and dates.
MENTIONED IN THIS ARTICLE
Lacka Steel
Lackas
Ss & M
Tuba
Nyc
Coast
Lane Do
7Th Ave
RI & P
Saba
Lé& S
Enone
Tex & P
Union Pac
W & RG
West Shore
BK & OM
Fdofae&re S Mi K Coy
Westingh S
Foreign Bank Returns From London and Paris
London weekly Bank of England figures show total reserve up, circulation up 102000, bullion up 379000, other securities up 2000, other deposits up 269000, public deposits down 375000, government securities up 454000. reserve ratio 51.0 percent. discount rate steady at 2 percent. Paris notes Bank of France changes include regulation notes up 198825000 francs, treasury deposits down 1150000 francs, general deposits up 3525000 francs, gold holdings up 26525000 francs, silver up 1075060 francs, bills discounted up 1200000 francs, advances down 996000 francs.
MENTIONED IN THIS ARTICLE
London
Bank of England
Paris
Bank of France
Inactive Stock Quotations From New York Exchange
Last actual sales and closing quotations show no transactions yesterday on the New York Stock Exchange. Listings include Adams Ex, Allis-Chalmers, Am Can, American Gas, Am Coal, Am Dist, Am Exp, Lake Shore, Marine, Mackay, Man Beach, Ma Coal, Missouri Pacific, M St L, National Biscuit, New Coal, NYC & SL, New York Dock, NY N H & H, Russell Stover, Wells Fargo, Westinghouse, and others with various bid and ask figures and several preferred shares trading at certain levels.
MENTIONED IN THIS ARTICLE
Aetna
Allis-Chalmer Pranes
Bot
Amalgamated Co
Agricultural Chemical
American Car & Foundry
American Hide & Leather
America Locomotive
American Steel Foundry
American Tobacco
Atchison Coast Line
Atlantic
Baltimore & Ohio
Baltimore & Ohio Pr
Batopolis Mining
Bethlehem_ Steel
Brooklyn Rapid Trans
Canada
Chesapeake & Ohio
Alton
Chicago
Chicago Great Western
Chicago Great Western Pr
Mil
St Paul
Ich
CG & St. Louis
Colorado, Fuel & Iron
Colorado Fuel & Iron
Colorado Southern
Akig
Columbus & Hocking Co
Consolidated Gas
Comstock Tunnel
Delaware & Hudson
Denver & Rio Grande
Detroit United Railroad
Distilling Securities
Duluth
South Shore & Allan
Interborough-Metropolitan
Iowa Entral Svlle
Iowa Central Pr
Kansas City Southern Shade Ee Egere
Abel Lake Erie & Western Pr
Louisville & Nashville
Marine Preecer
Mackay Co
Manhattan
Ate
Minneapolis & St. Loui
Missouri, Kansas
Texa
Missouri Pacific
Newhouse Millin & Smelting
New York
New York Central
Chicago & St. L
New York Dock
New York & New Jersey
Ontario & Western
Norfolk & Western
Northern Pacific
Northern Pacific Ctfs
Pacific Coast Satundammee Sem
Railroad
S Pennsylvania
Peoria & Eastern
People’s Gas & Coke
Pitts
I. Co
St. Louis
Pittsburg Coal
Republic Iron & Steel
Rock Island
San Fran
St. Louis Southwestern
St. Louis & Southwestern
Sloss-Sheff. Steel & Iron
Southern Pacific
Union Pacific Cis
Union Pacific Pr
United Railway Investment
United Railway Investment Pace
U. S. Cast Iron Pipe & Fo
S. Cast Iron Pipe & Fo
S. Realty & Improvement
United States’ Rubber
United States Rubber Pr
United States Steel
Utah
Virginia-Carolina Cherical
Western Union Telegraphe
Westinghouse Manufacturing
Wheeling & Lake Erie
Wisconsin
Adams
KC Fs&m
Allis-Ch Co
Keo & DM
K Toft Ec
AC &F
LE & W
Am CO
Lake Shore
Sue Am Dist T
Ree Island
Marine
Lin
Mackay
Man Beach
Man
Ma Coal
Ee Leyr St Ry
Midh
M & St L
Msp&s S M
On Pt
Sin U G
Brunswick
Br&p
Tuff & S Pt
Betterick C
TeLpr
Spmg&opf
Ccc&sl
Con Coal
DL & W
M &Fr
Dss&a
Granby
Hay
Ing-R Co
Shes & M. &Spe Ns
Money Market and Foreign Exchange Report
Money on call opened at 1 percent with highs and lows around 2 percent. Time money firmer but ample supply. rates for various terms listed. Mercantile paper shown with attractive names and high-grade demand. Foreign exchange opened down, then steady. cables, demand sterling and sixty-day bills tracked. Bankers' rates and continental quotes provided. domestic exchange figures for major cities. Silver and gold premiums noted along with Mexican exchange and government receipts. Sub-Treasury debt to Clearing House recorded at $1,575,186.
MENTIONED IN THIS ARTICLE
Mercantile
Eegie'aachele Ene Wa Wees
Germany
Reichsmark
Paris
Belgium
Switzerland
Deay
Holland
Boston
Chicago
St. Louis
San Francisco
New Orleans
Cincinnati
Savannah
New York
Baltimore
Philadelphia
London
Madrid
Lisbon
Washington
Sub-Treasury
Clearing House
International Banking Addresses and Payment Services
The document lists branch offices at 16 18 20 and 22 William Street and a branch at 475 Fifth Avenue New York plus Paris 41 Boulevard Haussmann and London 18 Bishopsgate St. It references Bills of Exchange cheques and cable transfers and travelers letters of credit payable worldwide.
MENTIONED IN THIS ARTICLE
William Street
Fifth Avenue
New York
London
Bishopsgate St
Outside Securities Yield Mix Leads Declines Across Markets
Weakness spreads through the outside securities sector as heavy selling for insiders dominates most lists. American Tobacco drops 50 points while Standard Oil retreats after early gains. Mining stocks dip with Butte Coalition and Montgomery Shoshone sliding and Nevada Consolidated off a point. Bonds steady as Interborough notes recoup losses and Pennsylvania 4s trade lower then recover to around 44.
MENTIONED IN THIS ARTICLE
American Tobacco
Standard Oil
Chicago Subway
Butte Coalition
Montgomery Shoshone
Tramp Consolidated
Nevada Consolidated
Cumberland-Ely
Interborough
Pennsylvania
International and Great Northern Loan Foreclosure Notice
The International and Great Northern Railroad Company and related parties file a bill of complaint in the US District Court in Texas seeking foreclosure for second mortgage bonds. Bondholders may join the Bondholders' agreement by depositing bonds with The Farmers Loan and Trust Company depositary by May 9, 1908, after which bonds are accepted only at the committee's discretion. Dated April 5, 1907, Mark T. Cox chairs and a committee including Edgar L. Marston John W. Haver W. Emlen Roosevelt Henry K. Pomroy are named.
MENTIONED IN THIS ARTICLE
Bondeholders
Loan and Trust Company
United States Creatt Court
District of Texas
Farmers Loan
Mark T. Cox
Edgar L. Marston
John W. Haver
W. Emlen Roosevelt
Henry K. Pomroy
Notice of Bond Redemption by Denver Tramway Power Co
The International Trust Company notifies holders of First Mortgage Five Per Cent bonds that specified bonds listed are called for redemption on May 16, 1968. Interest on the bonds will cease after that date and coupons may be presented for payment at the trust company office in Denver. Theo G Smith, vice president, signs for the trustee.
MENTIONED IN THIS ARTICLE
Perentiala
Denver Tramway Power Company
Denver
THE
International Trust Company
Theo G Smith
Topics of the Street Foreign Trading Declines in London
Foreign houses traded about 20 000 shares with major names such as Pennsylvania Union Pacific Southern Pacific United States Steel and Reading. American stocks in London faced selling pressure but improved toward the close as the market lingered dull awaiting a Stock Exchange holiday.
MENTIONED IN THIS ARTICLE
Pennsylvania
Union Pacific
Southern Pacific
United States Steel
Reading
London
Dar
Stock Exchange
New York, New Haven & Hartfor Railroad Company
Atchison, Topeka & Santa Fe Railway Company
Wabash Railroad Company
Central Trust Company
Mexican Central Railway Company
Merecantile Trust Company
National Railroad Company of Mexico
Consolidated Gas Regular
Consolidated Gas Company
Walter Fitch
William Wadsworth
Henry P. Perry
New Yoork Stock Exchange
William R. McCullough
Consolidated Stock Exchange
Also Mentioned on This Page
Edward B. Smith Francis E. Bond
George W. Norris
Osborn W. Bright
Charles F. Bloomer
Epward B. Samiti
Pine Street
Chestnut Street
Redmond 2.Co
Chestnut St
Pine St
Ilinois Gentral Rights
Boucht. and
Schmidt ‘6
Gallatin
Ili
Eee Ew Vv
YORK
Valley Consolidated Tele
New York City
Britton & Fiero
Charles P. Britton
Raymond H. Fiero
Henry B. Britton
Britton, Marden & Co
General Commission
New York Stock Exchange
Francis Skiddy Marden
H. Webster CO
Board of Directors Co
Jay Street
Nawrence
Amalgamated Copper Company
Broadway
Transbooks
H. Melin
Frederic H. Hatch
Broad Street
Kcel&p
Lord & Taylor
Lorillard Pf
Am Coal P
Nat Cash
Batecock & W
Barney & 6
Pratt & W
Borden's
H &Ls
Standard Mill
R & Texas
Trenton Potiz
Empire S & I
United Bk
F &F
Sun C Co
RL Day & Co
Wall Street
Bost & Albany
Jr&us
Centennial
M. Nynh&h
Franklin
West End St
Tel & T Co
Tamarack
Smellers
Arcadian
Mess Gas Atlantic
Shannon
United Fruit
van Scheick & Co
Rid
Cotton Duck
United Railwe
Flight & P
Front
Bank
Maryland Trust
Nor Vent
Panama
American Securities Abroad
Mg. St List
BR & P
C ‘of Ga 3d Inc
Nor Pac
Dre Ren
Penn
Mt & So
Leo
Byer & Co
Foreign Bank Returns
Nash & Ch
Nat Bis
Bae NE & Stogs
Roof
Nyc&sl
NY Dock
H&h
Os Express
Vandalia
Val &' E Vulcan Det
Wells F
West Md
Wis
Nisted
Money and Exchange
Toronto
Stewart & Lock
Buffalo Gis
Peterson Lake
Silver Leaf
Cobalt Lake
Sliver Queen
Eter
Lagas
Trethewey
Meehan
Bts
Kerr Lake
Red Rock
McKinley On
Crown Reserve
the Farmers’ Loan and Trust Company
Outside Securities
Tng
Am Tobacco
Bay State Gas
Bell
Manhattan Secur
Manhattan Trais
Illinois
Ing. i
Alaka Mines
Atlanta Goldfield
Blue Bee
Cobalt Central
Con Ariz
Cottonwood Creek
Atesta
Davis—Daly Vie
Dolores Limited
Dominion Copper
el Rayo Sa
Ely
Foster Cobalt
Sony
General Mines
Greene-Cananea
Greene
Greenwater
Exp & M
Miami
Miemac
Montgnery
Nevada
Servada
Utah M&s
Rt Superior
Union Mines
Uty
United Copper Os
United Rico
Cloud M & M
Yukon Geld Mines I
Ter Pal & N
Consolidated Exchange Sales
BK. Oe
Top & S Er
Ohio
Dist Securities
Eric
Bae Gr
Louis & Nash
K & Tex
Mo Pac
Ln Lee
North West
Tess Tan
Nock Island
Pac Sky
Southern Life
Texas
Atlanta
Fia
Best & Reicher
Ca & Va
Comstock
Soo
Charlies Dy
Barney & T
South 4Th Street
Ria
Lehigh Walk
Marsden
Cambria Steel
Phila
Penn RR
Klee Co
Penn Steel Co
Bat
Lot Phila Co Ga
Second Mortgage Bondholders Committee
E Committee
American Bank Note Company
Broad and Beaver Streets
International Banking Corporation
National Bank of Commerce
Starbuck
New York Air Brake Company
NEW Stock Exchange
Dominick & Dominick
Henry B. Britten
Charles Pritton
Britten, Marder & Co
Neill Broadway
Vinton Gilbert
Sm Alliance Realty Ih
Lawers
Am Surety Co
Law T Inc
Astor At
Lincoln New Stk
Bankers
Mount Vernon
Sue
Mtge Bond Co
Carnegie
Morton Cas Co
Centra
Mutual
Century Realty
Iss
Mutual Alliance
Nassau
Columbia
T. In & Tr
Empire Trust
People's
Ms Equitables
Hudson
Hudson Tr
Inter Bke Corp
Westchester
Kings County
Knickerbocker
Swartwout & Appenzellar
Pinestree
Maturits
Cigar Co
Ches & Ohio
Ae A. Pees
Kan City
Teuis & Nash
Minn & St
Missouri Pac
L. Equip
Mare
Pec Southern Railway
S Southern Railway
U S Rubber
Wh & Err
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