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This newspaper page contains 14 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 23, 1908

Page

2

Garfield National Bank declares 3 percent quarterly dividend

The Board of Directors declare a quarterly dividend of three percent on the bank’s capital stock, payable after September 30, 1908. Transfer books will be closed through October 1, 1908. W. L. Douglass is cashier and James L. Morgan is treasurer.

Irving National Exchange Bank New York Garfield National Bank Twenty-third St. & Sixth Ave Nss W. L. Douglass

American Securities Abroad Market Summary

London and New York quotes show American securities trading strong early then closing unsettled. Reports list price equivalents, dividends, and minor changes across London New York pairs. Foreign money rates include call money at 1 1/2% open, 1% long, Berlin Paris discounts, and London gold at 10 1/2 pence. Consols and French Trentes cited with yields and rates.

London Berlin Paris Paris Exchange France Berlin Exchange Pfennigs Bargold Tis

bonds close higher than Mon Gay's in government quotes

Yesterday's closing quotations for government bonds show gains over Mon Gay's. Market activity centered on Treasuries with several maturities posting modest advances amid thin trading.

Mon- Gay

Bid market snapshot with varied coupon quotes and dates

The record lists bid and ask quotes with percentages and dates from May to November across multiple years, referencing coupon types such as 4s and 2%s. It shows figures like 1.110 percent, 1.203 percent, and 1.101 percent, plus references to registered or coupon statuses and scattered year markers such as '55, '57, and '66.

Securities Values Show Heavy Losses on Total Sales Day

Securities values show heavy losses with total sales listed as 1,426.59 shares, versus 317,210 shares for the corresponding day in 1907. The period January 1 to September 2 inclusive totals 130,308,968 shares, compared with 151,509,245 shares for the same period in 1917.

Financial affairs sharp break in stocks

A weak early rally faded as the Stock Exchange fell from midday highs with declines of 2 to 6 points. Afternoon buying by shorts offered some recovery, but close prices remained below Monday. The drop stemmed from speculative pressure amid political fears.

Bond Market Sales Totals Four Million Sixty Eight Thousand Five Hundred

Total bond sales reach 4,068,500 with mixed offerings across U S and international issues. Listings include D & H conversion 4s, Gen 4s, and various corporate and municipal bonds with diverse maturities and yields. Strong activity noted in U B of Mex, New York City issues, and Inter-Met references.

Cuba Iowa Adams Tel & Tel Kent & Cent Woole & W. Ist Cncee Cc & St L NH & H Bk Rap Col & Go Shore Leon

Commodity Bid and Asked Listings from Exchange Place

Daily furnished market sheet listing Bid and Asked prices for multiple entities. Includes Buffalo McK Darragh City of Cobalt New Temiskam Nipissing Nova Scotia Crown Reserve Peterson Lake Foster Silver Leaf Green-Meehan Silver Queen Kerr Lake Trethewey Little Nipiss La Rose with price figures and variations.

Stewart & Lockwood Exchange Place Buffalo McK Darragh City of Cobalt New Temiskam Cobalt Central Nipissing Nova Scotia Crown Reserve Peterson Lake Foster Silver Leaf Green-Meehan Ea Silver Queen Kerr Lake Trethewey Little Nipiss O la Rose

Inactive Stocks on the New York Stock Exchange

Last actual sales and closing quotations show no transactions yesterday on the NYSE. The report lists last sale and bid and asked quotes for numerous issues across sectors including Am Coal, Marine, Nickel, C&O, and Union Pacific, with many prices unchanged or slightly varied. Many entries reflect fractional or percent figures and indicate a quiet trading day with no daily trades.

New York Stock Exchange Kcfis&mpf Keo& DM Ace&fp K Lot Cpt Lacl Gas Pt LE & Wp Lake Shore Long Island Marine Am Lins Mackay Cos Manhat Bea MD Coal Armado Fay M&st Mor & Es Brunswick Inyc&stl Butterick Jinyl&w C&sat Ny& NJ C of NJ Norf PCC Pitt Coal Cl&ll Quicksilver RW & Og West Md Iowa

Money Market and Foreign Exchange Report

Money on call opened at 1% with volatility and dull demand. highest 14% last loan 134% closing 1 1% per cent. Mercantile paper in limited demand. rates cited for sixty to ninety days and four to seven months. Foreign exchange opened strong with sterling near 4.87, short francs and reichsmarks quoted with gains, later fluctuating. bank rates listed for multiple currencies. Bank clearings show New York leads with $360.8 million exchanges. other cities follow with substantial figures. Silver and gold prices noted. Mexican exchange at 2.61%. government receipts show daily and monthly totals. Sub-Treasury debtor to Clearing House.

Mercantile South America United States Ritertings Dake Germany Reichsmarks Paris Belgium Switzerland Iran Holland Chicago San Francisco New Orleans Charleston New York Boston Philadelphia London Madrid Lisbon Washington Sub-Treasury Clearing House

Outside securities slide as market weakens further

A broad market decline in outside securities intensified with chronic weakness in the stock market. Attempts to rally failed, major issues fell despite supporting orders. Standard Oil opened up then dropped sharply. mining stocks listed mixed moves with several names down, bonds in scant demand, Tidewater notes steady, and miscellaneous irregulars filling the tape.

Standard Oil Butte Coalition British Columbia Boston Cumberland- Ely Nevada Consolidated Greene-Cananea Miami Nipissing Nevada

Topics of the Street and Markets Briefs

Foreign houses traded 29000 shares in the local market mostly sales while London optimists saw firmer consols and copper strength. Dividends declared include Fourth National Bank 2 percent and National Bank of Commerce 2 percent payable October 1. Sterling neared gold export levels before pulling back. bankers eyed further South American gold outflows. Long Acre Electric seeks rehearing on a proposed 10 million dollar preferred stock and 50 million dollar mortgage bonds. United States Steel expects over 600000 tons of new September business, signaling possible quarterly unfilled tonnage rise. Great Northern declares 14 percent preferred dividend payable November 2. October disbursements are projected above 135 million dollars.

London Bank of England Fourth National Bank National Bank of Commerce American Agricultural Chemical Company Market and Fulton National Bank National Park Bank Central Trust Company Bankers’ Trust Company Morton Trust Company South America Long Acre Electric Light and Power Company Public Service Commission John C. Sheehan Graham & LéAmoreaux Commission Public Service Commissions United States Steel Corporation Steel Corporation Great Northern Great Northern Railway Tribune

Bank dividends and price changes noted in October reports

October 1908 dividends on New York City banks railroads and utilities total 67.42 million, up from October 1907. Interest on bonds and government debt stands at 63.62 million, up from 60.88 million. Twenty third Ward Bank plans to double capital to 200000 with a 10 percent dividend payable October 1 to fund the expansion. Copper prices fall 4.5 pence per pound over two weeks. Charles M Schwab named Greenwich Bank director. American Woolen Company declares a regular 1.5 percent dividend payable October 1, with books closing September 25 and opening October 5. Total preferred-dividend record reaches 15.62 million.

American Woolen Company Guaranty Trust Co New York American Agricultural Chemical Company New York City United States Twenty-Third Ward Bank Charles M. Schwab Bethlehem Steel Corporation Greenwich Bank American Wooler Company

Exports of Merchandise Summary

Export figures show weekly shipments around Sept 22 with bases value 308 totaling 12,208 from a January to date total of 488,060,545 and 452,118,385 Giianead.

Giianead

Also Mentioned on This Page

Arthur Cramp the Times Stock Exchange America London& Paris Exchanse, Ltd Basildon House, Bank England Wall St Congress St Eigh R.A N. J New Jersey Chisholm & Chapman Wall Street Éziamerican Finance and Securities Co. Investments Nassau-St. Newark L. F. Hepburn New ST N. Y Con. Gas Standard Stock Exchange Toronto Curb & Cobalt Toronto Exchange Place Adelaide St East Hanover Swartwout & Appenzellar Pine St Tel John. Cae Schmidt & Gallatin N. Y. Stock Exchange Broadway WM H. Dwelly, JR Mass THE Thomas A. Doe Benjamin F. Werner Fourth National Bank OF City OF Proximo Charles H. Patterson General Chemical Company Broad Street Pre- Forrea James L. Morgan Treasure American Securities Abroad Wis & Ss NEW York “City “Bonds Allis-Chalmers Co Erie & Western Allis-Chalmers Louisville & Nashville National Biscuit National Enamelling American Smelting Newhouse M. & S American Smelting Pr New York Air Brake Sesee American Steel Foundry New New Haven American Tel. & Tel Ontario & West American Tobacco Pr Norfolk & Western Orthern Pacific Northern Pacific Ctfs Atchison Batopilas Mining St. Lee Bethlehem Stee Pittsburg Coal Bethlehem Steel Brooklyn Rapid Transit Canadian Pacific Republic Iron & Steel Fond & Ohio Republic Iron & Steel Pr Chicago & Altonecescese Rock Island Oe Chic Mil. & St P Rock Island Pr Sonic Mil. & St Patts Sloss-Sheff, Steel & Iron Mil. Ay St. P. Pr Forces State Eraip Southern Pacific Mil St. P Southern Pacific Pr Chica & Acces Southern Railroad Ic., Co. & St. Louis Colorado Southern Third Avenue Railroad Consolidated Gas Toledo, St. Louis & Western Denver & Rio Grande Union Pacific Detroit United Railroad lsDuluth South Shore Erie Ist United States Rubber 2d Erie En Sen Sensnesco Se United States Steel General Bonever FO. Occ Cen Snae Great Northern Pr Searcces Utah Copper Virginia-Carolina Chemical Elec. Ry. Pr Wells Fargo Express International Harvester Western Union International Paper Westinghouse Seeseces International Pump Wheeling & Lake Erie Kansas City & Southern Wisconsin Central Shorts Professional Bears Taft Bryan Republican Party Ferry Companies Brooklyn Ferry NY &Er Union Ferry Ny&er R. L. Day & Co Boston & Alb Cal & Hee Fitchburg Nynh&h Franklin Old Colony Granby St Ry Mohawk Butte Osceola Old Dominion M New Eng Parrot West Tel & Tel Quincy Tamarack Wolverine US Smelt Co Arcadian Uu Son Es Uy Mass Gas Baty Atlantic Shannon Utah Bingham Money and Exchange Foreign Government Cologne Munich Hessian Augsburg Saxony Vienna Hamburg Fon-M Farmers’ Loan and Trust Company William Street Fifth Avenue Boulevard Haussmann Bishop Agai Outside Securities Industrial Lee Sale Alee Tidewater Opeen Ing Bay State Gas Ind St Chic Subway Fae Alaska Atlanta Cr. Eee Ely Central el Rayo Sias Mason Valley Evada Red Hill Antesene Red Top Leasing Schlight M & M Silver Queen Stewart Tonopah Tonopah Montana Tayra Dev Pref United Copper United Rico Metropolitan Trust Surplus Brayton Ives Anton A. Raven Beverly Chew Bertram Crug George N Harras F. Menasia Rupert W. K. A Frederick E. F. Direc Wall Street Journal Republic Iron and Steel Company Jersey Ciy NS. J H. L. Rownd Ohio Brooklyn Ches & Ohio Chie Gr West Mil & St P Col Fuel & I Col Southern Dist Securities Esses Erie Northern Illinois Central Louts & Nash K & Tex Ee Ea Pacific Tis Y Central Nor Pacific Pennsylvania Republic Steel Rock Island Rest Belcher Eblue Bell el Paso Florence Isabella Potosi
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