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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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?
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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%.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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
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Western
Milwaukee & St. Paul
de Beers
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Grand Trunk
Illinois Central
Louisville & Nashville
Missouri, Kansas & Texas
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Rand Mines
Reading
Southern Railway
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Wabash
Berlin
Exchange
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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
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NEW York Mining
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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
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J. D
Hamilton County
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NEWPO
Railroa Big Four
EEO Bette
Ae Do Note
Dog. m
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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
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Fay&Eg. Com
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Ie Gee
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Gas and Electric
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Morning Call
Sub
Col. G
F. Pref
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Cin
Columbus Ry
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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
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Walnut Street
Postoffice
ST. Louis
London Cables
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Cincinnati Traction Co
Claude Ashbrook
Walnut ST
Ohio Bonds
Canton
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Western German Bank
12Th and
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W. 4Th St
Cincinnati Stock Exchange
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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