Bankers oppose innovations at annual convention action
American Bankers Association votes against both the federal guarantee and postal scheme, adopting a stance against the cede proposal. Oklahoma critics denounce the guarantee tax as aiding reckless bankers, while New York officials applaud the decision. Officers are elected as the meeting adjourns, with plans to meet again in Chicago.
MENTIONED IN THIS ARTICLE
Tribune
American Bankers’ Association
Agsin
Eng
L. A. Wkllahoma
Oklahoma
Clark Willams
New York State
New York
Currency Commission
Byron Tt. Herrex
Cleveland
Ohio
Andrew J. Frame
Waukesha
Wis
Association
George M. Reynolds
Continental National Bank
Chicago
Lewis E. Pierson
Irving National Exchange Bank
Counci
F. C. Watts
First National Bank of
Naenville
Naenville, Tenn.; Secretary, Frederick E. Farnesworth
Mitchell
Denver National Euk
Denver
William G. Frizwhison
Strong Resolutions Oppose Bank Deposit Guarantees
Denver reports the American Bankers Association debates deposit guarantees. The legislative committee rejects state or federal guarantees and a trusteed fund, arguing such laws invite mischief and panic. Other reforms include postal savings banks opposition and proposed amendments to national banking law to improve currency and note provision.
MENTIONED IN THIS ARTICLE
Denver
Fedene
Tels
Earh
Fiers
Raver
Congress
Federal Legislative Committee
Alexander Gilbert
New York Clearing House
Vital Lecrex
Gilbert
Estel
T. Notes
Ameren Bankers
Aroui
Ngan
Peney Peaches
Cun Eee
McIntyre Loan At Bank In Failure Case
Neilson Olcott of the National Bank of Commerce testified before referee Peter R. Olney that the bank lent 200000 to T A McIntyre & Co on April 22, the day before the brokerage firm failed. The loan was ninety days at 4 percent secured by collateral, with stock sales yielding a $52177 surplus now held by the bank. The firm’s April 4 balance showed 11924.83, applied to the loan. next hearing is Tuesday morning.
MENTIONED IN THIS ARTICLE
Neilson Olcott
National Bank of Commerce
Peter R. Olney
T. A. McIntyre & Co
Olcott
McIntyre Concern
McIntyre & Co
Brokers Criticise Distillers Over Quick Transfer Book Close
Wall Street traders condemned the Distillers' Securities Corporation for closing transfer books soon after a dividend declaration. Brokers said holders who sold shares after the last close would still receive the dividend. The Stock Exchange committee ruled that pre October 1 trades settled after that date must carry a due bill for the declared dividends.
MENTIONED IN THIS ARTICLE
Wall Street
Distillers’ Securities Corporation
Committee On Securities of the Stock Exchange
Orphan Copper Shares Plunge Amid Market Rumors
Orphan Copper stock slid sharply after Monday’s decline, trading around three cents on the curb with about two hundred shares changing hands. Traders blamed a possible pool breach andInsider selling while denial stated the company remains unaffected and Melville D Chapman's retirement rumor was untrue.
MENTIONED IN THIS ARTICLE
Melville D. Chapman
Walter D. Dunlap
Papermakers Strike Continues in Watertown
President Carey of the International Brotherhood of Papermakers said the strike remains unsettled and no immediate settlement is expected. Workers will not return unless the old wage scale and strict union conditions are restored. Superintendent Mayo of International Paper in Watertown said the company will not negotiate and will resume production immediately.
MENTIONED IN THIS ARTICLE
Watertown
N. Y
Carey
International Brotherhood of Papermakers
Mayo
Watertown District
International Paper Company
Decrease in Gold Production Totals for 1907 in United States
The 1907 gold and silver output from U S mines totaled 4,374,827 ounces of gold worth 90,435,700 dollars and 656,514,709 ounces of silver valued at 37,299,700 dollars, with Colorado leading in both metals. Alaska, California, Nevada and others follow in gold output, while Montana and Utah lead silver production after Colorado.
MENTIONED IN THIS ARTICLE
Washington
United States
Bureau of the Mint
Geological Survey
Colorado
Alaska
California
Nevada
Utah
South Dakota
Montana
Arizona
Idaho
Oregon
Nation's finances show September deficit of over 4.5 million
The September 1908 monthly statement reports expenditures exceeding receipts by 4,583,971. Customs receipts rose to 24,946,336, internal revenue up to 20,153,148, and total receipts reached 48,220,114. Expenditures totaled 52,904,085 with increases in war navy and pension accounts and declines in civil, miscellaneous, and public works. Public debt at September 30 stood at 968,263,650 with a monthly rise of 1,377,062.
MENTIONED IN THIS ARTICLE
Washington
Chicago Grain and Provisions Market Report
Active demand for flour in the Northwest supported the Chicago market as wheat closed up near the day high. Corn and oats remained firm with steady provisions as heavy North Western arrivals and rising cash grain prices boosted futures. Estimated tomorrow’s receipts include 27 wheat cars, 133 corn cars, 179 oats cars, and 14,000 hogs.
MENTIONED IN THIS ARTICLE
Chicago
Northwest
Southwest
Minneapolis
Duluth
Seaboard
Western King
Northwestern Railway Yearly Report Shows Surplus Despite Revenue Drops
The Chicago and Northwestern Railway Company reports for the year ended June 30 show a decline in gross revenue by 5140.71 and net revenue by 2,619,240. After all charges there is a surplus of 4,874,419, a loss of 2,955,968 from the prior year. Detailed results compare with 1917.
MENTIONED IN THIS ARTICLE
Chicago & Northwestern Railway Company
Omaha's Report on Year End Earnings for Railroad
The Chicago, St. Paul, Minneapolis & Omaha Railway reports for the year ended June 00 gross earnings of 12,865,6% and net earnings of 4,325,204. Surplus after dividends was 18,144. The statement shows revenue from transportation and operations, with operating expenses and taxes detailing the financial position and net income for the period.
MENTIONED IN THIS ARTICLE
Chicago, St. Paul, Minneapolis & Omaha Railway
Inc
Wis
Eeekes
Coffee and Cotton Markets Slide in Mixed New York Trading
New York October 1 1908 the coffee market opened steady and closed steady with light gains amid reports of Santos strike end and Brazilian loan rumors. Cotton traded quietly with fluctuations and a small net rise on November contracts as weather warnings and government figures loomed. spot prices held steady while the Liverpool market showed broader gains.
MENTIONED IN THIS ARTICLE
New York
Santos
London
Stock Exchange
Sao Paulo
Cabies
Havre
Hamburg
Jundiahy
Cleveland
Northern
New York Produce Exchange
New Orleans
Sic
Tottenfeld
Ahorts
Siac
Philadelphia
Wise
Calcutta
Grain and Dairy Markets Report Dated 1948
Market recap covers beans and peas with receipts of 1,489 sacks beans and 525 sacks peas. Prices noted for peas and marrow, kidney beans, and California lima. Butter and cheese quotations show firm to rising prices for creamery, skims steady, and process steady. Eggs steady to lower with mixed quality stock. fruits, melons, and grapes listed with extensive price ranges. Poultry supply rising, demand active for chickens but fowls slower. market expected to tighten by week’s end.
MENTIONED IN THIS ARTICLE
New State
California
Lima
Cnnsylvania
Mit
TOG Jc
Bros. du Beurre Bosc
Pine Island
Upriver
Jersey
West Virginia
New York
Delaware
Niagara
iOc
Salem
Concord
Worden
Clinton
Wyoming
Cape Cod
Rocky Ford
Colorado
Utah
Ner Bbi
Florida
Porto Rico
Ontario County
Pacific Coast
Western
Express
Gond Deranm
Stollers Philadelphia
Michigan
Co Southern
Long Island
M. Fe
Pennsylvania
Maine
Dulle
Jorsey
Lone Island
SPST
Orange County
Virginia
Tcbsi Romaine
iGe
Airginia
SPI
Tsc
Canabaga
Prices for poultry and produce in mixed spring market report
A busy spring market lists prices for chickens ducks and game, with Western and Eastern fare showing varied demand. Highlights include ducks and fowls by region, geese and game birds, and an extensive vegetable section with potatoes, yellows, and greens priced by variety and origin.
Livestock Market Report from New York Auction
Receipts total 198 cars beef cattle 1909 head with some direct to slaughterers. Cattle sold steady with dressed beef steady to moderate demand. Lambs and sheep 3830 head with lambs 25 to 65 cents higher. common to choice lambs 59 to 65 cents per pound. Hogs 22 cars with prices around 69 per 100 pounds for prime heavy hogs. market softer with mixed lots sold by several firms.
MENTIONED IN THIS ARTICLE
New York
Seling
Itc
London
Liverpool
Baltic
H. H Hollis
S Sanders
Sievers Direct
J Snga & Co
Pennsylvania
S. Sanders
Pennerivania
Cattle and Hogs Markets Across Major Cities Slump Mixed
Telegraph market notes from Chicago East Buffalo and Kansas City show cattle receipts around 14 000 head in Chicago market steady to lower with steers around 4 409 to 7 75 and hogs around 7 10 to 7 25 while sheep and lambs rise up to 56 0 indicating broad weakness in hogs and strength in lambs across regional trading centers.
MENTIONED IN THIS ARTICLE
Chicago
Ape Head
East Buffalo
Kansas City
European Produce Market Report from Laverpeee
The October 1 European market bulletin shows mixed activity across staples. Wheat and oats hold steady with some futures tightness. corn and oats fluctuated, while meat products like ham bacon and shoulders stay firm. linseed oil and turpentine show steady to firm tone amidst varying regional quotes.
MENTIONED IN THIS ARTICLE
London
Pactite
Western ‘Rm
Cumberland
Prime Western
Tlerces
American
Se Turpentine
Srrite Swady
Notice to Creditors in Ritchings & Soutar Case
To creditors of Hitchings & Soutar Company in New York County notice is given to prove and exhibit claims before Edwin T. Greaves permanent receiver and Levin L. Brown at 1730 Broadway Manhattan by August 4 1909. Failure to timely prove will foreclose rights and distribution. This notice issued under the Code of Civil Procedure.
MENTIONED IN THIS ARTICLE
New York
Levie& Dodd
Zanesville Tue Company
Ritchings & Soum. Company
Kitchings & Soutar
Supreme Court of of New York
County of New York
Hinchings & Soutar Company
Hitchings & Soute Company
Edwin T. Greaves
Permanet
Levin L. Brown
Broadway
Manhattan
City of New
Cief
Edwin T Greaves
Ritchings & Sentor
Levin L Brown
Omenda P. & No
Borough of Manhattan
Notice to Creditors Stallman & Fulton Company
Notice to creditors and persons with claims against Stallman and Fulton Company. Pursuant to an order by Hon. Henry Biscop of the Supreme Court the claims must be filed with assignee at No 207 Broadway Manhattan New York before December 1. Dated New York September 16 18. Charles G Doers Goeller Shaffer and Eisler attorneys for the assignee.
MENTIONED IN THIS ARTICLE
Henry Biscop
Supreme Court
Stallman & Fulton Company
New York
Stallman & Ful Company
Also Mentioned on This Page
Bankers
Bradford Rhodes
Joseph E. Ransdell
National Rivers and Harbors Congress
George N. Reynolds
American Bankers’ Associations
Wiliam
Cornwell
J. & Bache & Co
M’intyre Loan
Curb
International
Union
San Francisco
Itavo
Julia Éosion
Justice
Andes Dastecesere
Kentucky Belcher
Lady Washington
Best & Belcher
Cal & Vasag
Belchererra
Inien
Crown Point
Aid & Curry OF
Hale
Norcross
Chicago Grain and Provisions
Opere
HOR Inc
Inc. Fae
OL Inc
Ai Inc
A.om Inc
Kanawha & Michiga
Toledo & Ohio
Omaha
New Yi
Nietard
General Market Report
Atlantic States
Texas
Gulf
Norfolk
I.c
Baltimore
Little Rock
Wilmington
Memphis
Houston
Galveston
Charleston
Augusta
St Louis
Cotton Exchange Especial
Liverpool Cables
Manchester
Winnipeg
Kansas
Commission Houses
Shorts
Buffalo
Deneeaer
India
Middle Western
South America
Continent
Brazil
T&d
Patna
Rangoon
Muscovado
Country Produce Markets
Newton & Co
Virginia Lambs
Kerns Commission Company
Fred FE. Kratz
J. G Curtis @ Son
Vermont
Telegraph
Les Ly
Cincinnati
Sutchern’ and Shippers
Toledo
Smtis
Allike
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