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Cincinnati Commercial Tribune in Cincinnati, Ohio

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This newspaper page contains 21 articles. Subscribers can read the full text of each article.

Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Apr 11, 1908

Page

8

Considerable Period of Strength in Stock Market

New York April 10 The stock market showed considerable strength today but revealed a reactionary tendency late in the advance. Gains were sharp in inactive issues, with some erratic, forced jumps giving the market an artificial outward show and a cautious follow-through. United States Steel led the strength among industrials, while Amalgamated Copper weighed on sentiment amid reports of price maintenance debates.

New York United States Steel Amalgamated Copper Charles M. Schwab United States Steel Corporation Gary Pittsburg London Amalgamated Copper Company Paris New York Metal Exchange Erie Financial Settlement Union Pacific Erie E. H. Harriman Kansas United States

American stocks in London and market gloss

In London the American stock picture shows improvement in general business, with collections recovering. The Lake Carriers Association refuses to recognize labor unions while Judge Gary denies any plan to cut steel prices. Interborough’s Public Service Commission filing reveals weak earnings. Time money market glutted at 2 percent for sixty days. Pig iron sales slip, twelve industrials rise, twenty railroads advance.

Market extends gains as stocks rebound with UP lead

After a shaky start trading resumed an upward move with fractional losses dominating. Union Pacific led the advance as speculative activity resurfaced, signaling renewed buying interest in the session.

Union Pacific

Foreign Bourses Drift Higher Amid Copper and Copper Shares

On April 10 in London money demand rose and discounts firmed as Paris eyed gold withdrawals to cover maturing bills. The market closed firm with Erie leading gains and American securities steady. Copper shares weakened while Amalgamated Copper recouped. European and Canadian listings showed mixed moves as investors awaited New York open.

New York Bond Sales Reported by Hutton and Co

A dense ledger of bond prices and issues lists numerous securities across railroads and utilities. The data covers issue names, prices, yields, and par values with totals and notes on various registries and maturities.

Boy to undergo operation after football injury

Kesley Schoepf traveled to Boston to be with his son Albin 14 who is slated for surgery in a few days. Two special elections are set for April 21. Norwood residents will vote on an $880,000 school bonds issue. Elmwood Place will decide on a $3,000 school heating plant bond proposal.

Kesley Schoepf Boston Albin Norwood Elmwood Place

Market Quiet as Cotton Goods Demand Slows

New York reports a quiet dry goods market with cotton yarns still declining and stocks being forced on the market. Raw material values drop but the decline in goods values stems mainly from weaker demand, with jobbers and retailers only buying for immediate needs. Some large cotton goods houses see a slow path to recovery over the next thirty to sixty days.

New York Cotton Goods Commission

Money, bonds, and rates across New York and Boston markets

New York on April 10 reports money on call at 1 percent with a 1 percent ruling rate and 1 percent offered. Time loans 2 3 percent for sixty to ninety days, 3 percent for six months. Sterling exchange steady with bankers' bills around 486.60 and 484.30. Government and rail bonds steady to firm. Mexican dollars 47 cents. Boston on April 10 shows call loans 2 to 4 percent, time loans 4 to 6 percent. Listed bonds and equities include Atchison adj 4s at 85, Mexican Central 4s 80 percent, Union Pacific 128 percent, American Telephone 118, General Electric 133, United Fruit 126 144, U S Steel 34 percent.

Jose Great Northern Missouri New York Pennsylvania Rock Island Ace . És Ae Southern Nps Ud Southern R.weeteeeeee R SI Ta St. Paul Texas Pacific Ab Vewesses Cae Col. F Dist Securities Verees General Electric Pacific Mail U. Ween Ehewenns S. Steel Prime Mercantiles Sterling Exchange Boston Time Lpans Atchison Adj Atchison Mexican Central Boston & Albany Boston & Maine Boston Elevated Fitchburg Union Pacific American Arge. Chemical American Sugar American Tel American Woolen Dominion Iron and Steel Edison Electric General Electric Massachusetts Electric Massachusetts Gas United Fruit United Shoe Machine United States Steel

London and New York metal markets ease on April 10

London tin and copper futures slipped while lead and spelter held steady. In New York, lead traded around $3.85 and spelter about $0.50. Iron prices showed uneven moves with standard foundry at 51s and Cleveland warrants at 52s 3d.

New York London Cleveland Northern Southern Sea Louis Spelter

Coffee futures open steady with small gains in New York

The New York coffee market opened steady to five points higher on light Brazilian receipts and steady European prices. Near-month positions saw some liquidation in switching, but most futures held gains with the market closing steady to 5 points up. Sales totaled 44,000 bags with May 5.70c and March at 6c. spot Rio No. 7.6c and Santos 4 8% to 4 1/2c. Mild coffee was dull with Cordova 9 1/3 to 13c.

New York Rio Santos No Cordova

Mining stock percentages listed for various companies

Boston, April 10 mining results show a wide spread of percentages across many miners and producers including Calumet & Hecla 625 and United Copper s 36,Arizona Commercial 18, Michigan 11, Osceola 2, Granby 90, Tamarack 61, Erie? not listed. The list includes but is not limited to Butte Coal and Coke 65 and Minneapolis?

Boston Adventure Allouez Amalgamated Atlantic Bingham Calumet & Hecla Centennial Copper Range Daly- West Franklin Granby Isle Royale Massachusetts Mining Michigan Mohawk Montana Coal and Coke Old Dominion Osceola Parrot Quincy Shannon Tamarack Trinity United Coppers United States Mining Utah Victoria Winona Wolverine North Butte Butte Coalition Nevada Mitchel Calumet Arizona Arizona Commercial Greene Cananea

Commodity prices steady for dairy and poultry across markets

Butter and eggs show steady receipts and prices in Kansas City New York and Chicago reports. Cheese holds steady with varied packages and state supplies. Poultry remains firm with alive and dressed offerings. turkeys and fowls quoted within narrow ranges.

Kansas City New York Pennsylvania Chicago

Wool market activity and shipment totals reported

The Boston Commercial Bulletin cites government statistics showing active wool trading with 5,000,000 pounds in transfers. Prices hit lows unseen this year, while Boston shipments through April 9 reach 37,218,928 pounds versus 69,520,905 pounds a year ago.

Louis Boston Commercial Bulletin of Boston

Financial column snippet lists mining stock quotes by name

A New York financial note from April 10 lists mining stock quotations with prices and percent markers for Adams Con Alice Breece Brunswick Comstock Tunnel Con Cal and Va Horn Silver Iron Silver Leadville Con Little Chief Ontario Ophir Potosi Savage Sierra Nevada Small Ho Standard and FEM Re.

New York Adams Breece Brunswick Comstock Tunnel Con Cal Leadville Little Chief Ontario Potosi Savage Sierra Nevada FEM

Turpentine and rosin market updates across several ports

In Savannah on April 10 reports show firm pricing with turpentine at 48 cents and rosin stocks high with sales totals 2,332 bbis to 4,957 bbis, receipts 1,139 bbis and 461 bbis. Charleston and Wilmington note quiet or steady activity, Tar and crude turpentine prices listed, while Oil City and Toledo report balances, runs and oil prices for the day.

Savannah Charleston Wilmington Oil City Toledo North Lima South Indiana

Traction stocks lead a dull day in cross city markets

Traction stocks dominated activity with Cincinnati Street Railway and Cincinnati Newport Covington traction hitting new highs amid brisk demand. Telephone and gas issues posted strength while the bond market showed moderate activity with several municipal and corporate issues traded. Money market remained dull with call loans at 4% and time at 5%.

Cincinnati Street Railway Cincinnati Newport Covington Light and Traction Dayton & Toledo Columbus Gas Cincinnati Eighth Street Columbus Railway Cincinnati, Dayton & Toledo Cincinnati Sinking Fund Fire Department New York Exchange

Cotton Letters Reveal Purchase Bias Amid Tight Supply

W. E. Hutton & Co and W. R. Todd & Co discuss cotton as a purchase at current levels. They note only about 10 percent of the crop planted, shelves bare nationwide, and cotton prices down from recent highs. Local traders remain pessimistic, while Southern short interest could support if outside speculation returns.

W. E. Hutton & Co Liverpool W. R. Todd & Co

Cotton Markets Face Wide Fluctuations Across Global Centers

Cotton prices showed mixed moves with New Orleans steady on spots at 10 ½ cents and sales around 4 750 bales. Liverpool reported 7 000 bales sold and futures steady, while New York saw limited gains amid Wall Street support and potential bullish supply data. American cotton totals stood near 2.96 million bales, with week changes noted in Hes­ter’s visible supply report.

New Orleans Pei Ao Ace Seth Tiwee Bededdepecubec Veecsee Liverpool Hester New York Wall Street Charlotte N. C Hous le Ravek Gulf Tober

Toledo Market Prices For Clover Seed And Forage

Toledo reports quick price quotes for clover seed with cash and April figures and notes lower bid levels. Timothy and Alsike forages show prime values with a listed price for Alsike at 13.50.

Toledo Clover Seed Timothy Alsike

Cattle and Hogs Move Through Multiple Markets Across Regions

In Cincinnati on April 16 1908 receipts show cattle hogs and sheep movement with weekly comparisons. Market tone ranged from active to weak amid rising arrivals. heavy steers and cows posted varied values while hogs faced an early strength that softened as delays increased. Regional reports from Pittsburgh Buffalo Chicago and Kansas City detail similar patterns with fluctuating prices and light to moderate supplies.

Cincinnati Osee Ccecsewesse Cessen Commercial Tribune Pittsburg Buffalo Chicago Sheen Kansas City

Treasury Statement Details April Balance Figures

Treasury balances in the general fund on April 10 show available cash of 259 377 254 dollars excluding the 150 million gold reserve. Gold coin and bullion total 27 543 836 dollars and gold certificates amount to 26.

Washington Treasury General Fund

Also Mentioned on This Page

Terest W. R. Toda & Co Charles E. Bultman Company Page & Hill H. M. Beazel Ticker Lake Carriers’ Association Interborough Public Service Commission Stock Exchange County Council Home Rails Atchison, Topeka & Santa Fea Canadian Pacific Anaconda Baltimore & Ohio Chesapeake & Ohio Western Milwaukee & St. Paul de Beers Denver & Rio Grande Grand Trunk Illinois Central Louisville & Nashville Missouri, Kansas & Texas New York Central Norfolk & Western Ontario & Western Rand Mines Reading Southern Railway Southern Pacific Wabash Berlin Exchange First National Bank Cabs S— S P Morcen Bay & Wim Idigo D. Ae Cen. Pac Sanz Gr P Pac Col Indus Met. c N. Y Cen Ache L M. & W. Boca U. Pconvoden N. P. Pr St. L N. H S. L Seid West E. M. Cy Total Roberts, Hail & Criss New York Stock Exchange American Tobacco Borden's Milk British Columbia. Co Butte Coalition Nee Chicago Subway Dominion Copper Vana Tobacco Otis Sense United Copper Com A. P Daly-West Aewaeee Utah Consolidated Wate Green Cananea Davis-Daly Boston Mining NEW York Mining Peoria Panama Cincinnati Clearing House Glasgow Aseienle Hs Wslawinlach Sterling Ask. Cin C.N T.P Col. & Xenia Cces Little Miami C.n.e&c Fei &T Ohio Traction St. Ry Ae Ae Ora & C. Bi Colum Col. Ry. & L Casey H Ch. C Kroger Rob'n Realty U.S G & E. W. Powell Eel Fleisch Atlas Secand F. Pi Ng Soi Wetese F. A J. D Hamilton County Elizabethtown Bridge Longview Armory Benson Street Bridge Big Miami Bridge Covington Bonds J. Street Peta Wet Oro Ae NEWPO Railroa Big Four EEO Bette Ae Do Note Dog. m Cov Trust First N Colum. Bank & Sav. Co Nor. Sav. Bk S. T Unity N. O Pse & T Ohio B.G Ig Tol Miami DPD Securities Eagle Amer Bullock Fay&Eg. Com Niles B.P Ie Gee Ve. Goa Niles T.W Gas and Electric G and Electric Ga and Electric Morning Call Sub Col. G F. Pref D. & Ty. Bs.ccenster Cin Columbus Ry Cincinnati Viaduct THE NEW River Lumber Company Central Trust & Safe Deposit CO Globe-Wernicke CO Gentral Trust & Safe Deposit Co Merchants National Bank Fifth National Bank German National Bank Cotton Letters Covington, Ky James CO Ernst Hamilton Vice Press George BH. Enghl H. P. Colville Foreign Department Hailas National Walnut Street Postoffice ST. Louis London Cables Union Traction Co Cincinnati Traction Co Claude Ashbrook Walnut ST Ohio Bonds Canton Madisonville Western German Bank 12Th and Vine Streets Baldwin Company W. 4Th St Cincinnati Stock Exchange Baker Court Lubiig Coal Co Kouwenhoven Realty & Improvement Co Tock Exchange Hutton & CO Bankers & Brokers First National Bank Bldg Co. J. Buddeke & Co Union Trust Building Treasury Statement
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