Outside Securities Market Summary
Considerable irregularity marked speculation in outside securities with contraction across most sectors. Several low priced issues moved up slightly while Standard Oil failed to sustain early gains and American Tobacco declined. Mining shares Montezuma Mines and Furnace Creek showed activity. Superior & Pittsburg fell. Bond Tidewater 6 percent notes remained steady.
MENTIONED IN THIS ARTICLE
Standard Oil
Chicago Subway
American Tobacco
Bay State Gas
Montezuma Mines
Furnace Creek
Superior & Pittsburg
Boston
Nevada
Davis-Daly
Ohio
Dominion
Tidewater
Southern Pacific Company announces dividend and orders
A fragmented notice dated May 1908 from the Southern Pacific Company lists dividend actions and orders for blank orders. A Lehr is identified as treasurer in the brief text.
MENTIONED IN THIS ARTICLE
Union Pacific Railroad Company
York Straat
Ca S. Crosby
Southern Pacific Company
Rice
Com- R
H. Webster Company Voluntary Dissolution Certified
The H Webster Company a domestic stock corporation filed for voluntary dissolution on May 19 1905 and the dissolution is certified as complete under the Stock Corporation Law by Secretary James L Whalen at Albany on May 19 1908 with the office seal.
MENTIONED IN THIS ARTICLE
Tate
New York
Secretary of State
H. Webster Company
City of
Albany
Tames L. Whalen
Foreign trading and monetary moves dominate markets
Foreign houses traded 95 909 shares in the local market with balance buys. Copper issues strengthen in London while call money stays at 1 percent. Grain exports rise with Wheat flour leading. year to date totals rise sharply. Copper bank anniversaries and American Smelting show gains. money movement reveals cash losses and gold flows. refined sugar prices drop. next week’s gold exports projected near 1.406 million. Sherman National Bank reports deposit growth. Associated Merchants declares 3.5 percent dividend.
MENTIONED IN THIS ARTICLE
Erie
Union Pacific
London
India Council
Berlin
Brad Steel
National Copper Bank
National Copper Bank of New York
Assay Omiece
Sherman National Bank
Associated Merchants
Associated Merchants’ Company
Stock market shares fluctuate with varied turnover figures
Market activity shows shares sold around 109 percent of a prior period, with 70,481,124 shares traded versus 100,189,159 in the same period in 1997, while other listings reflect mixed trading compared with the corresponding day.
Irregular Stock Market With Bear Pressure Eases Later
The market moved unevenly over five hours with early declines in leading issues from distributive selling. Public interests and Standard Oil brokers influenced trading, while in the last hour many stocks fell below the prior day’s close. Banks in Paris London and New York show easy money, with Berlin gold flows and a large weekly local bank loss exceeding five million dollars.
MENTIONED IN THIS ARTICLE
Standard Oil
Amalgamated Copper
Reading
St. Paul
Union Pacific
Harriman
Anaconda
Brooklyn Rapid Transit
Great Northern
Northern Pacific
Pacific Mail
New York, New Haven & Hartford Railroad
Washington
West Street
Congress
Paris
London
New York
Berlin
Bank of France
United States
Bank of England
Secretary of the Treasury
Federal Treasury
Treasury
Berlin Exchange
Imperial Bank of Germany
Germany
Bond market sales list roaring with global bonds and rates
The report enumerates numerous securities including Japanese 4s and US 4s from multiple issuers such as L and N, Am H as well as Am Tobacco, with prices ranging around 100 to 110 and yields noted. Total bond sales quoted at $4,557,000.
MENTIONED IN THIS ARTICLE
Shy Pet Co
Enas
Do 2d Inc
Mo K & T
Mor & Es
Bally
Wiig
BR & Q
CM & St P
CC & St
Odo
Col & So
St Paul M & M
Sarae Ls A Cine
Aglg Bgo
Union Pac
D & RG
Erie
Sao Do
Atiq
Wony & P
West Shore
Westingh SF
W & LE
LS & M
Inactive NYSE Stocks Show No Yesterday Transactions
Last actual sales and closing quotations list numerous issues with bid and asked prices. Some issues report no trades yesterday on the New York Stock Exchange, including Adams Ex and Am Can, with various closing quotes and preferrd shares noted.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Adams
Ing-R Co
Kan & M
Amh&ll
Lake Shore
Long Island
Marine
Mack Co Pf
Snuff
Man Beach
M4 Coal
Strady
M& Ry
S Pf
Midh
M & St L Pf
Nash & Ch
Ann Arbor
Nat Bis
Bieapes
Batop M
Beth Steel
Do 2d
Bkin U G
Dock
Brunswick
Br&p
L&aw— MS
Buff & S
SG N& W
Pac Coast
Sls
C&s AT
Peo & E
Pitts
C & Nw
Sihope, Ie
Sla&sfist
Vandalia R
IC & C
Vulcan Det
BO Hock Val
Wells-F
Government bonds close higher than Thursday
Yesterday’s bond quotations show government securities closing above Thursday figures with modest gains across maturities. Investors awaited economic data and potential policy guidance as yields drifted lower and prices rose on demand for safety.
American securities abroad May London market report
London and New York quotations show strong demand for American securities with notable prices for Anaconda Atchison Canadian Pacific Erie Illinois Central Louis and Nash NY Central and Pennsylvania. Foreign money rates include call money 1 percent and Berlin Paris discount rates around 3 and 11 16 percent respectively.
MENTIONED IN THIS ARTICLE
iNet
Allis-Chalmers Co
Amalgamated Copper
American Car & Found
American Ice Securities
American Locomotive
American Tel & Tellz
American Tobacco
Asese
Atchison
Atlantic Coast Line
Baltimore & Ohio We
Brooklyn Rapid
Chicag
St. P
Chicago
Mil
Chicago & Northwestern
Olorado
Colorado & Southern Ist Po
Olorado & Southern
Luth
M &E
General Electrica
Granby Mining
Northern
Norther
Borough
We International
Lowa
Kansas
London
New York
Anaconda
Ag Atchison
Renee
Reyrear
Canadian Pacific
Erie
Illinois Central
Louis & Nash
Esap
N Y Central
Pennsylvania
Southern Pacific
Union Pacific
Steel
Asa
eCall
Berlin
Paris
Paris Exchange
Bargold
Berlin Exchange
Pfennigs
Sale
Allis-Chalmers
Car & Fury
Ohio
Gt West
Col
Fuel & I . Bry
Dist Securities
K & Tex
Ce Central
Southern Pac
Southern Ry
Texas Do
Union Pac
Irs
S Steel
Money Market and Foreign Exchange in Opened Trade
Money on call opened at 1 percent with later closes around 1% and 146 percent last loan. Time money remained steady with 2 percent to 3 percent for various terms. Foreign exchange opened steady. cables near 4.8745, demand sterling around 4.8720, sixty day bills near 4.8535. Bank rates showed varied postings. domestic exchanges and sub treasury balances noted. Silver and gold premiums cited. Mexican exchange set at 2.2 cents. Sub Treasury indebted to Clearing House at 1 605 711.
MENTIONED IN THIS ARTICLE
Ise Sc
Germany
Paris
Belgium
Switzerland
Holland
Boston
Chicago
St. Louis
San Francisco
New Orleans
Cincinnati
Savannah
New York
Baltimore
Philadelphia
London
Madrid
Lisbon
Sub-Treasury
Aes
U.S
U. S
Eteate Et Banking House
Lee
Tas Rence
T S
U. & Treasurer
Anne
New York City Bonds Bid and Asked Rates
Market notes show bid and asked prices for various New York City bond issues with different coupons and maturities. Listings include 4% and 4.5% series with May and November dates, prices around 100, and coupon or registered classifications.
Patterson Bank Sworn Statement Over Consolidated Exchange Records
A sworn statement from Charles H Patterson cashier attests to the accuracy of Consolidated Exchange sales figures for a New York state bank. Notary Roderick P Fisher confirms the acknowledgment dated May 1906, with directors James G Cannon and Eugene Delano listed.
MENTIONED IN THIS ARTICLE
State of
New York
I& I
Charles H. Patterson
Charles H Patterson
Roderick P Fisher
James G Cannon
State of New York
County of New York
Edward Burns
County of
New
LLS& D
Backus
Cachier
Celemnry
Thos. T. Grace
Notary Public
Trade conditions show mixed gains and slow growth
Dun's Review reports encouraging but uneven improvements across departments with small gains in many areas. Manufacturing orders rise and pig iron prices spark new business while dry goods sales surge and farm staples stay costly amid weather delays. Foreign trade shows a weekly export gain and import drop, yet gold flows out. railways, bank exchanges, and securities movements reflect mixed signals as Bradstreet's notes mixed conditions in crops and trade.
MENTIONED IN THIS ARTICLE
New York
Fragmentary figures and codes in unclear financial text
A rough OCR snippet presents scattered numbers and abbreviations such as 5 per 1 245 798 1% 15 060 Se 169.572 49 217.724 17 6.622.427 42 13. Bad OD 207 Ot 37 997.07 2.054 446 92 146.157 TE.
MENTIONED IN THIS ARTICLE
Ares
Weather and trade tone improve but overall industry remains weak
Reports show crops in better shape than a week ago with some wholesale trade gains and retail boosts in areas with better weather. Yet overall business is well above normal and industry remains slack as rainfall limits seeding and earnings lag across regions.
MENTIONED IN THIS ARTICLE
Mississippi
New York
Cago
St. Louis
Also Mentioned on This Page
Outside Securities
Industrial
Gale
Ing
Lea
Am Tobacco
Houston Oil
Bel
Manhattan
Panama Cement
Chicago Subway Mining
Alaska Mines
Atlanta
Boston Copper
Butte Coalition
Lie
Butte & N
Arizona
Giroux Mining
Soo
Hill
Goldfield
Indian Valley Co
Miami
490
Mines Co of
Nipissing
North Butte
Montana
Tayra Dev Pref
United Corper
United Rico
Yukon Gold M. 4
Arthur Cramp
Iste
Stock Exchange
America
London& Paris Exchange,Ltd
Basildon House, Bank
England
R. L. Day & CO
Wall St
Congress St
Mechanics’ National Bank
Coal and Iron National Bank
First National Bank
Fourth National Bank
Clinton Gilbert
N. Y
Rer
Buffalo & Susquehanna Railroad Company
A. Lehr
THE
Associated Merchants Company
Mverneu
N. Jo
Meya
Ely
Wall Street
American Smelting Company
Centrol
Guzgenheims
Interior
Inverior
Federal Sugar Refining Company
KR. L. Day & Co
Bost & Albany
Cal & Hecla
Centennial
M. Nynh&h
Franklin
Granby
Notte
Orceola
Eng
Lle
Parre
Parre Min 21% 2Yt W Tel & & T Co
Quincy
Tamarack
Wolverine
U & Smetters Co
Arcadian
Shannon
Ai Bingham
United Fruit
Sheced
Ctis
Olitan
Olitan Oan
Minnealis
S.M
Missouri, Kansas & Texas
Missouri, Kansas
Texas
Missouri Pacific
Eca
Asbesh Inconese
National
Enam
Stp
Newhouse M. És
New York Air Brake
New York Central
N H. & Sees
Ont & Wester
Norfolk & Western
Ontario
Ats
Pennsylvania “Railroad
People’s Gas & Coke
Pittsburg Coal
Pullman Palace
ST Milly
Republic Iron & Steel
Reblic Iron & Steel
Rock A Island
Rock Island Pr
St Joseph & Gold
al St L & S. F. 2d
St. Louis & Southwestern 1A
St Louis & Southwestern
Sloss-Sheff. Steel & Iron
Pacific
Southern Pr
Southern Railroad Die
Southern Railroad Pr
Siza
Tennessee Copper
Texas & Pacific
Ihe
Third Avenue Rail
Toledo Naire & Light
Toledo, Louis & W Ste
Toledo
Louis & Weste
Twin City Rapid Transit
Nion Pacific Ee
St Sinion Pacific T
Rilway Us
S. Cast Iron Pipe & Farian
United States Leather
S Realty & Improvemen
United States Rubber
United Etes Rubber
United Eses Rubber
United States Steelweees
States
Utah
Wabash 287% 144, Aq Vara 21% 27%, A On W% Ne Wabash
Estern Mary
Stinghouse Mts
Ling & Lake Erie
Ling & Lake East
Money and Exchange
New York City
Toronto
Stewart & Lockwood
Exchange Place
Buffalo
Cobalt Lake li
Nova Otia
Coniagas
Peter Lake
Crown Reserve Ma
RBS
Foster
Green Meehan
Bru
Kerr Lake Am
Trethewey Little
Consolidated Exchange Sales
Capital Stock
NSS
Atlarta
Best & Bet
Comstock Oseken
Diamondfeld
Elkton
Hale & Norcross
Portland
Dun
Bradstreet
Guarantee Trust
Broadway
Ck ER Boc
Aw Trust CO
Fifth Ave
Vway
125Th
American Exchange National Bank
Nickin Bank
Total
Elbert 4
Bennett
Kings County
New York County
William FP. Dixon
Ox Teleco
U. & Perenne
Sir Orr
Awesse
United States Erpoatte Dadensetess
Geo. F. Paker
William H Moore
James A. Blair
Simus Fund
Am Bankers
Bae
Laos