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Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Sep 26, 1908

Page

4

Outside Securities Trading Mixed in Active Market

Trading in outside securities showed active participation with mining shares firm as copper prices rose after an earlier dip. Speculation stayed fairly distributed while specialties remained irregular and only mildly active. Major names like Standard Oil and Bay State Gas fluctuated with modest gains and declines.

Standard Oil Bay State Boston Consolidated Copper British Columbia Butte Coalition Nevada Consolidated Cumberland-Ely Miami United Copper

Quarterly dividends declared by New York banks 1908

The Fourth National Bank of New York announces a quarterly dividend of two percent payable after October 1 1908 with transfer books closing at 3 p m on that date The Citizens Central National Bank of New York declares a quarterly dividend of one and one half percent free of tax payable after October 1 1905 to stockholders of record at close of business September 25 Albion K Chapman cashier Minneapolis and St Louis Railroad Company coupons due October 1 10s from Pacific Extension Bonds paid on presentation at 5 Broad Street New York Garfield National Bank in New York declares a three percent quarterly dividend payable free of tax after September 30 1906 transfer books closed until Thursday October 1 L Douglass cashier

Fourth National Bank City OF New York Charles H. Patterson Citizens Central National Bank OF Albion K. Chapman Minneapolis & St. Louis Railroad Co Pacific Extension Broad Street Garfield National Bank Clinton Gilbert Wal Street America Liberty Lincoln National Attan Co Ry Park Metropol Mercantile Pittan Mount Morris Mutual Chelsen Minerce New Netherland Columbia Corn Exchange East River Fidelity O Park People’s Buh Fifth Avenue Plaza Fourteenth St Sherman Nw Latin Seaboard Field Twelfth Ward Greenwich Nat Fex Yorkville Jefferson Boston K L. Day & Co Albany Poston At & Heeda M Gan Franklin Ned St Mars Tel & T Smellers Arcadian Atlantic Utah Eaneham United Fruit TEX Weesen Ier Baltimore van Schatck & Co Wall Street United Rathway Lawes Seaboard iUnion Nat Hank Maryland Trust Aia Co Éptees Lod Nor Cent Ry United States

Condition of Trade in Dun's Review Report

Dun's Review notes fall retail trade below ideal due to heat yet shows steady volume rise and extended factory operations. Low water retards mill work and river transport while forest fires destroy timber. Steel and cotton mills win larger contracts. raw cotton markets unsettled by Lancashire labor troubles. Coal output up modestly. woollen mills reduce idle machinery. shoe prices pressured by leather costs. Railway earnings down. weekly port imports exceed exports by a wide margin. Crop marketing normal. reserves remain heavy. Bradstreet's reports conservative wholesale buying with fall trade peaking, election uncertainty dampening purchases. Western trade stable, house trade wanes, travel salesmen handle reorders. Pacific coast and Spring wheat Northwest prospects indicate improvement.

Lancashire Bradstreet’s Aken Northwest

Railroad Earnings Across U S Lines Featured in Report

The data shows third week in Sept earnings for multiple railroads including Buffalo Rochester & Pittsburg Canadian Pacific Grand Trunk System Wabash Texas and Pacific Atchison Topeka Santa Fe and Lehigh Valley with figures in pounds and dollars for period July 1 to Sept 21 plus year to date totals and mileage. The notice also lists registration days for upcoming elections October 5 6 10 and 12 with voting times 7 am to 10 pm.

Buffalo Rochester Pittsburg Canadian Pacific ST. Louis Twin City Inc International & Great Northern Iowa Central Minneapolis & ST. Lois Missouri Pacific Wabash Texas & Pacific Atchison Topeka & Santa FE Lehigh Valley

Irregularity in Stock Market Reported

Irregularity in stock market noted with total sales for the day at 12,185 shares versus 570,556 the year prior. Cumulative sales from January 1 to September 25 total 133,023,107 shares, down from 152,566,690 in the previous year. Unlisted.

Irregular Stock Market with Late Rally and Frisco Financing Hints

Irregular Thursday trading ends with net gains as foreign houses push stocks higher in late session. Northern Pacific and Great Northern gain while Rock Island issues rise on speculative talk of financing Frisco obligations. bonds of Chicago Rock Island Pacific and St Louis San Francisco post strong closes. Banking liquidity concerns persist with gold outflow to Canada and cautious optimism on a forthcoming bank statement amid election uncertainties.

Foreien Rock Island Northern Pacific Great Northern Shorts St. Louis San Francisco Chicago Chicago, Rock Island & Pacific St Louis Union Pacific Southern Pacific William R. Hearst Standard Oil Company Taft

Foreign Money Market Rates and Exchange

London open market rates show 41% for short bills and 17-46% for long bills. Berlin discount 3 percent and Paris 21-16 percent. Paris on London exchange 25 francs 11% centimes, Berlin on London 36 marks 39% pfennigs. Gold value 1044. Foreign securities include British consols 615-16 percent and 8&8 15%6, French rentes % francs 224, centimes.

London Berlin Paris Paris Exchange Berlin Exchange Tis

Drygoods imports and marketings dip versus last year

This week imports total 2,704,805 dollars, up from 2,554,120 last week but down from 3,091,219 year ago. Marketings total 2,957,845 dollars, vs 2,880,057 last week and 3,218,446 a year earlier.

Bond Market Sales Reported Bond Totals

Total sales of bonds reach 8 500 with a wide range of issues and prices. The report lists Japanese 4s and various corporate and utility bonds with coupons near 4 to 6 percent, many trading above 100 and some around 110. Major items include Am T & T, Reading Gen, Union Pac, and Westinghouse issues, with volumes varying from a few thousand to tens of thousands bonds.

LS & M_S Ist Inc K & Ok B&o Tho Do Penn Court J Rio Iseroc & O Woo PMM Wtyle O S Steel del & HO City Gas Erie

Money Market and Exchange Rates Report Busted Totals

Money on call opened at 1 percent with slight increases over the low quote as demand was light. Foreign exchange opened steady with cables around 4.59 to 4.60, demand sterling near 4.58, sixty day bills about 4.50. Bank clearings and government receipts show mixed activity with notable deficits and surpluses across cities.

Mercantile Paper Switzerland France Holland Boston San Francisco New Orleans Charleston New York Chiego Exchion i Weston Philadelphia London Madrid Washington Treasury Clearing House

German state and city government bond table snapshot

A fragmented OCR table lists various German and European city and state government bonds with percentages and figures. Entries mention Hamburg Berlin Munich Vienna Augsburg Cologne Saxony and Bavaria with rates around 3s to 101 and notes of 90s to 100% in seemingly historical bond values.

Saxony Hamburg Berlin Cologne Munich Augspurg Vienna

Inactive NYSE Stocks Last Transacted With No Yesterday Trades

Last actual sales and closing quotations for stocks on the New York Stock Exchange show no transactions yesterday. Listings include Adams Ex Am, Am Can, Am Tel, Am Exp, North Am, Pac Coast, and others with various bid and asked prices, many marked as inactive or with missing data.

New York Stock Exchange Adams Lake Shore All-Ch Co Lone Island A.C Marine HOS Mackay Co Ms Se Ac&f Man Teach Am Man Coal Pt Midh Lin MSP Ssmpie Co Mor & Fa Nash . H Tisicco Ann Arbor Coast L Peo Cl& Lope BOO Pttes Coal Toronto Stewart & Lockwood Exchange Place Temisk Meehan Trethewey

Wash burn Crosby to build Buffalo flour mill

Announcement says Wash burn Crosby will start a new Buffalo flour mill with 6000 barrels daily capacity at a cost of 4000 pounds. W H Bovey of Minneapolis to oversee construction and F F Henry to operate the mill once ready next July. The Buffalo addition doubles the firm’s Buffalo output and, with mills in Minnesota Kentucky and Montana, total capacity reaches 40000 barrels daily. The decision was made at the Minneapolis annual meeting on September 22.

Washburn-Crosby Company Buffalo W. H. Bovey Minneapolis F. F. Henry Minnesota Kentucky Montana

Financial statement of New York bank by cashier

A damaged OCR fragment shows a bank cashiers sworn statement from New York State, with a redemption fund note and U. S. Treasurer references. It lists figures like 150.000 and 12304, and includes notary attestations by Fatrservis and Gallagher, with signatures of Joseph Byrne and others.

New York T. Joseph Byrne PYRNE Fatrservis Gallawat Arstar HK Josepit W

Topics of the Street and Market Movements

Foreign trading was light with about 15,000 shares, American stocks in London rose early then cooled. London market was strong, mining issues up. Dividends declared include United States Smelting and Mining 1 percent on common and preferred, J. G White & Co 4 1/2 percent on preferred, Thompson-Starrett regular semi annual, Street's Western Stable quarterly, etc. Money movement shows a weekly cash loss of about $517,000 with interior transfers and gold shipments to Canada. Missouri, Kansas & Texas Railway proposes a 2 percent preferred semi annual dividend. Copper prices rose on the New York Metal Exchange. New members elected to Consolidated Stock Exchange. Grain exports for the week totaled Wheat 6,4279,525 bushels and Corn 69,982 bushels, with year-to-date figures noted. Vandalia Railroad refunding mortgage listing application filed for $2,000,000.

London United States Smelting, Refining and Mining Company J. G White & Co Thompson-Starrett Company Street Western Stable A> Line Company Interior Sub-Treasury Canada Washington Boston Philadelphia Missouri, Kansas & Texas Railway Company Joline Manacen New York Metal Exchange Consolidated Exchange Helbrook Bonney Ivers Lewrence Fitchburg Mass Consolidated Stools Exchange Srain Bra&é Street Stock Exchange Vandalia Railroad Company

Rock Island stock surge amid notes on St Louis and San Francisco

Market observers reported strong activity across Rock Island issues with Rock Island preferred rising to 40 and Chicago Rock Island and Pacific collateral bonds above 70 as traders bet on collateral trust notes maturing December 1 and potential Southern Pacific takeover of St Louis and San Francisco.

Rock Island Chicago St Lows San Francisco Southern Pacific St. Louis EB. Harriman Rock Island Preferred Sam Jane

Also Mentioned on This Page

Outside Securities Industrial Bay State Gas Ing Alaska Atlanta Goldfield Sun Boston Copper Thutte Coalition Butte & N Y. Lis Ely Davis Aly Reddicke Ely Central el Ravo Nat Florence Foster Cobalt Purnace Ck Giroux Mining Goldfield Joe Oldfield Daisy Bend Miami Copper Nor Butte New Utah NY Cod Leasing St BU O Nipissing Mines Co S Newt's Trinity Mawa Arthur Cremp the Times Londonds Paris Exchange, Ltd Pasildon Mouse England R. KL. Day & CO Wall St Congress Lincoln Trust Co American Surety Co Nassau Bank State Bank F. H. Davis Dun Sarai Fin Geret Anis-Chalmers E. Or. Peat Amalgamated Copper American Agr Chem American Beet Suir Car & Foundry Ice Securities Apenas Locomotive American Steel Foundry New American Ste Anaconda Baltimore & Ohio Sheay Batonilas Mining Bethlehem Steel Chesapeake & Ohio Tern W Stern Great Western iChicago Mil & St Paul eChic Mil & St Paul Dt S Mil & St P. c Chi Azo Chicago Northwestern Stpd Chicago Union Trac Stpd Colorado Fuel & Iron Bly Colorado & Southern Brk Colo South St South iColumbus & Hecking baiDont Consolidated Delaware & Hudson Delaware, Lack. & Western Denver & Rio Grande Erie d Pr General Electric Great Northern Pr Bsbai al Havana Electric Ry Tlinois Central Interborough Interboroughian M International Hp International Cna Con Cai Kansas City Louisville & Nashville Wi St. P S. M Missouri Kansa Texas Kansas Newhouse M New York Air New York Air Brak New York Central Itm Ont Western Norfolk Western Pacific Northern Pacific Mail Pennsylvania Rillroad Railway Republic Iron & Stee Republiec Iron & Steel St. L New St. Lows & Southwetern Sloss-Sheff. Steel & Iron Southern Pacifi LIS Southern Raiilweae Southern Tennessee Copper Oh I Third Avenue Rail A Toledo Railways & Light He Louts & West Aha Toledo St. Est St. Louis & W U. S United States Rubber United States Steel Utah Copper Che Va Iron C Western Union Telegraph Westinghouse Mig Wisconsin Central Wisconsin Central Pr Hill and Ameri- London Septia Can Molcon Anaconéa Adm Ny Atchisor Penns Iva Southein Aecht HS Tosh Laos Panama Money and Exchange Consolidated Exchange Sales Bae Mil & St P Col Fuel & Iron Louts & Nash Kan Central Syvania Suthern Pacific Sotherm Railway Texas Pacific Union Pace Lee Hest Belcher Rey McKinne Portland New York City American Canal National American Shipbuilding Swift & Co Picée Canal & Dock Metropolitan People's Fan Tottenville Yonkers Hudson River Montauk Point Tie Guarantee and Trust Bwey, N.Y Remsen St Balyn Filton St Jamaica Merchants National Bank City of New York York Dadelac T. S Arrim Lisget Total
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