This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Sep 09, 1908
Page
14
A long, forceful argument asserts that the world trades as stock gamblers. It cites unions, bankers, editors, and leaders as participants, critiques the current system, and promotes a future "National Stock" plan to crush the dominant System and remake the market for American investors.
A long profile praises the American Smelting Trust as the richest future giant, detailing its mines across the United States Canada and Mexico its ability to profit in good and bad markets and its ties with the Guggenheims National Stock and Rockefeller interests amid a backdrop of grand plans and supposed honesty while hinting at a powerful alliance.
A speculative narrative describes National Stock crafting profits via ad campaigns to boost Smelters while System short sellers suffer heavy paper losses. It envisions world‑wide ads drawing 50 million readers and 50 shares per reader, pushing the price up and forcing short sellers to cover. The piece pledges to magnify Smelters ownership to vast new holders, surpassing Guggenheims.
The author argues gamblers should buy National Stock instead of System stock with margin. He notes Union Pacific at 165 with 15000 margin risks losses on drops, while National Stock at around 2 could double to 4 for a 60000 profit with little risk to margin. He cites C. C. Clapp & Co. as handling arrangements for National Stock.
The firm announces it will sell National Stock on open market with 50 percent margin for 500 to 1000 shares and 23 percent margin for larger blocks plus 6 percent interest on unpaid balances. Margin buys limited to 500 shares minimum to discourage speculative purchases, with three week wait for certificates and full broker access via local connections.
The Mergenthaler Linotype Company in New York announces a regular quarterly dividend of two and one half percent payable after September 30 1906 to stockholders of record on September 12 1908. Transfer books close September 12 1908 at 1 PM and reopen October 1 1908 at 10 AM.
The Board of Directors declare a dividend of Two percent per cent as quarterly dividend No. 52 on the preferred stock payable October 15 1908. Checks will be mailed to preferred stockholders of record at the close of business September 30 1905. Books for transfer of preferred stock closed 3 P M September 30 1908 to 10 A M October 15 1908. W Travers treasurer.
The Railway Steel-Spring Company at 30 Church Street New York on August 3 1908 declares a quarterly dividend of one and three quarters percent on its preferred stock payable September 21 1908 to stockholders of record September 5 1908 at Harvey Fisk Long 62 Cedar Street New York City. Transfer taxes on the preferred stock will be closed September 5 1908 and reopen September 22 1909. EB McCormick Assistant Treasurer
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.