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Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Apr 14, 1908

Page

8

New York Stock Market Dulls Amid Foreign Pressure

The New York stock market slid into a dull, heavy trading day with little price significance. London liquidity and Paris gold movements weighed on sentiment as copper and foreign exchange factors triggered early declines. Banks held back on funds while idle money accumulated, and Easter holidays promises a quiet week ahead.

Paris New York New York Metal Exchange Berlin Stock Exchange Illinois Central Delaware & Hudson Bond United States

Ticker Talk Shows Mixed U.S. Stocks in London Trading

American stocks in London traded heavy with many quotes below parity. London market idle and prone to sag as a bank statement shows favorable loan growth. Moderate demand for stocks and a general decline across twelve industrial issues by 0.39 percent.

London

Market Summary Shows Heavy Stocks Amid Mixed Activity

Brokers report a heavy general market with fractions to more than a point losses outside select specialties. Shorts buying nudges prices up briefly but demand fades and trading remains dull. Steel remains especially weak on anticipated poor quarterly results.

Shorts W. R. Todd & Co

Foreign Bourses Signals Dull Market Across Major Exchanges

On April 13 London and Paris trading showed subdued activity with lifeless turnover on the Stock Exchange. British Consols led declines as foreign and Kaffir holdings featured in Paris offerings while American securities weakened later amid talk of a Delaware bond issue. Copper shares and other major issues slipped, with money rates steady to slightly firmer.

London Continent Stock Exchange Paris New York Anaconda Atchison Baltimore & Ohio Canadian Pacific Chesapeake & Ohio Chicago Great Western Chicago Milwaukee & St. Paul de Beers Denver & Rio Grande Erie Grand Trunk Illinois Central Louisville & Nashville Missouri Kansas & Texas New York Central Norfolk & Western Ontario & Western Pennsylvania Rand Mines Reading Southern Railway Southern Pacific Union Pacific United States Steel Wabash Amalgamated Copper Berlin Exchange

Adams Con and listed miners report near term prices

New York on April 13 reports commodity quotes for Adams Con and multiple mines. Notable values include Ontario at 2.75 and Ophir Potosi at .04 while Leadville sits at .05 and Iron Silver at 1.00, with several others in fractions and dollars.

New York Adams Con Alice Breece Brunswick Comstock Tunnel Con. Cal Va. Horn Leadville Little Chief Ontario Ophir- Potosi Savage Sierra Nevada

New York Bond Sales Highlight Broad Market Totals

Market report by W. B. Hutton & Co and First National Bank lists diverse bond offerings with numerous percent ranges, amounts and issuers. Totals show substantial activity across Mexican Central, Union Pacific lines, St Louis Missouri lenders, and various railroad and leather concerns reflected in multi‑million dollar sums.

Ohio postal officials invited to annual letter carriers convention

The Postmaster General and Ohio lawmakers were invited to attend the Ohio letter carriers convention in the city May 26 to 28. Also notes new brokerage office opening, corporate incorporations, local club events, and board elections from the Business Men’s Club and Merchants and Manufacturers' Insurance Company.

Ohio Ohio Letter Carriers Merchants and Manufacturers’ Insurance Company First National Bank Richard Dymond William H. Calvert Henry Muhlhauser Stephen R. Burton Griffin T. Miller Edmond C. Webster George Bullock John C. Davis James N. Gamble Edward Rawson George Phibbs John §. Conner Charles L. Harrison Winfield S. Hakill

Sales Of Small Lots Predominate In Pittsburgh Market

In Cincinnati and surrounding markets April 13 reports show bank clearings around 4.27 million at Cincinnati and 13.06 million at St Louis with call loans near 4 to 5 percent. Local stock action was quiet with small lot sales, several issues steady, and money demand improved. New York cotton futures fell sharply, with May to July contracts near 9 cents and spot prices lower.

New York New York Tractions W. E. Hutton & Co Cincinnati New York Exchange ST. Louis Cincinnati Gas Philip Carey Cincinnati, Newport & Covington Light and Traction Suburban Telephone Electric Cincinnati Water Works Cincinnati Edison Electric Cincinnati, Newport & Covington Wall Street New ‘Orleans Houston Gulf New Orleans Cottén Liverpool Texas Louisiana Seank Odt

Plans for Pure Food Exposition Advance at Hotel Meeting

An enthusiastic gathering of managers and members at the Palace Hotel last evening discussed plans for the Pure Food Exposition. Encouraging reports indicated dealer interest and commitment to public-spirited exposition goals. Brief remarks were made by L. H. Brenderoll, M. B. Deters, George Backherms, William Reuters, and George Busch. The committee will reconvene Saturday afternoon at the Armory.

Palace Hotel Messrs. L. H. Brenderoll M. B. Deters George Backherms William Reuters George Busch Armory

Butter Eggs and Poultry Prices Atual Across Markets

Daily market notes from New York Philadelphia Chicago Elgin and Kansas City show butter steady firm 29c to 33c with receipts large. eggs firmer in New York and Chicago with state and nearby firsts around 15c to 18c. cheese generally steady to weak with full cream at 15c. poultry alive steady and dressed steady with turkeys 12 to 17c across markets.

New York Western Factory Pennsylvania Philadelphia Chicago Young Americas Elgin Kansas City

City Auditor sells two bond issues for park and water works

Two bond issues were disposed of by the City Auditor yesterday morning. One issue covers Mt. Echo park south of Price Hill and the other funds the improvement and betterment of the city water mains. Bids were awarded to the high bidders and referred to Council for approval.

Mt. Echo Park Price Hill Twe Park—W. R. Compton Bond and Mortgage Company Atlas National Bank German National and Others Irwin, Ballman & Co German National Council

Financial Bulletin with Bond and Stock Prices

Boston April 13 Money call loans two and a half to three percent prime loans four and a half to five percent bonds include Atchison adjustable four and a half, Atchison four, Mexican Central four. railroads notes and preferences listed along with many industrials and utilities stocks with varied prices and preferences. The market shows prices for American and foreign firms including United Fruit United Shoe Machinery United States Steel and General Electric with multiple preferreds and quot ed levels.

Boston Atchison Adjustable Atchison Mexican Central Boston & Albany Boston & Maine Elevated Fitchburg Mexican Centra N. Y Union Pacific American Arce. Chemical American Pneumatic Tube Amer Dean Sugar American Tel American Woolen Dad Dominion Iron and Steel Edison Electric General Electric Massachusetts Electric Massachusetts Gas United Fruit United Shoe Machinery United States Steel

Mining Stocks Report From Boston Exchange Prices Listed

Boston on April 13 saw a roundup of mining shares with varied performances. Stocks include Alaska, Atlantic, Calumet and Hecla, Copper Range, Daly-West, Franklin, Granby, United Copper, Oscola, Quincy, Tamarack, Trinity, Utah, Victoria, Wolverine and more with mixed percent changes and fractional quotes.

Boston Adventure Allover Amalzanate Atlantic Binghame Se Calumet Hecla Centennial Copper Range Daly-West Franklin Granby Massachusetts Michigan Mohawk Montana Coal and Coke Old Dominion Oscola Parrot Quincy Shannon Tamarack Trinity United Copper United States Mining United States Old Utah Victoria Winona Wolverine North Butte Butte Coalition Nevada Arizona Arizona Commercial Greene Caranea

Quiet Opening to Week in New York Dry Goods Market

The New York dry goods market opened quietly with dress goods active only in select spots and fall goods weak except in high end fabrics. Raw silk firmer in Yokohama, cotton goods softened by further price declines. Cotton yarns mostly unchanged but low price offerings rise. Jobbing trade limited to fill-in orders for quick shipment as fall sales face difficulty.

New York Yokohama Coton

Oil and Turpentine Market Reports Across Cities

In Savannah on April 13 turpentine firm at 46c with 4 44 bbls sold, 561 bbls received and 3 320 bbls shipped. Rosin sales 77 bbls with 1 396 bbls received and 9 572 bbls shipped. stock 44 bbls with varied prices from 3.40 to 5.75. Wilmington reports spirits turpentine steady with receipts 34 casks. tar firm at 1.60 with 162 bbls received. crude turpentine firm at 2.25 3.25 4.25 with 78 bbls. Toledo notes North Lima oil at 1.04 and South Lima Indiana at 99c. Charleston entry incomplete.

Rosin Savannah Wilmington Toledo North Lima South Lima Indiana Charleston

Unlisted Bank Stocks and Securities Listings

A fragmented list of bank stocks and securities values. Entries include Am Nat Bank at 125, Cov Trust at 120, City Hall at 20, Nor Western Nat at 110, and various rail and industrial securities with mixed quotations and dividends. This appears as a market summary fragment with numerous abbreviations and partial names.

St. Trust Am. R. Mill Globe Soap Jergens Globe-Wer Rar Coen Ham. Ma. Tool POL. G.ccesece Ey F Stan Brownell Casey H Ch. C. Paper Kroger Vaveeed Stockyards Ph. Carey Pr pHars S. T Gam Mall. Pr Columbia Gas Sateen Colt. G. & F U. S. Printing Wv - Pam Wurlitzer Powell Fleisch'n Bright'n Cim Trust City Hall Cosmopolitan Cov Colum, Bank & Sav. Co Norw, First Nor. Nat Nor. Sav Unity Traction Ksc,&c.bdg Ne & C.br

Cotton Letters Signal Bearish Market Tone

W. E. Hutton & Co notes bearish sentiment with price declines likely. Traders shift from buying May to selling May, and from selling October and December to the opposite. An early dip recovered, then heavy selling in October and July left the market sold out with May dropping 9 cents, lacking Southern support per W. R. Todd & Co.

W. E. Hutton & Co Wall Street W. R. Todd & Co

Metals Market Fluctuations Across London and New York

Sharp declines and mixed moves described across base metals including tin copper lead and iron with spot and futures in New York London and locally. tin down in London but copper and spelter steady to easy. iron grades easing with foundry tonnages and warrants varying by region. Prices quoted include tin £144 1s spot £140 158 futures and copper London £58 spot £58 10s futures with domestic copper around $12.50 to $12.87.

New York London Cleveland Foundry Northern Southern Southern Soft T. Louis Spelter

Coffee futures open steady on European support

New York markets opened steady with small gains up to five points as European activity strengthens sentiment. Near month switching dominates. total sales reach 207,250 bags with May at 5.65 to 5.70, July 5.80, September 5.85 to 5.90 and December 5.75 to 6.00 for later contracts. Spot prices hold with Rio at 6.0 cents and Santos at 8.5 to 8.75 cents.

New York Rio Santos Cordova

Treasury balances in general fund report

Treasury shows available cash of 256 million 331 thousand 575 dollars, gold coin and bullion 26 million 896 thousand 628 dollars, and gold certificates 25 million 180 thousand 280 dollars, excluding the 150 million dollar gold reserve.

Washington Treasury General Fund

Cincinnati Markets Reported For April 18 1908

Minneapolis Wheat No 1 Northern quoted at 101 percent. Corn and oats show firm to higher tones on light receipts. Rye easy with whisky and flour markets steady. Various grades of wheat corn oats hay and mill feed listed with receipts shipments prices and recent sales across several items.

Cincinnati Minneapolis

Market Price List for Fruits Meats and Vegetables

A late era price listing shows fruits vegetables and meats with per unit bills. Apples at per barrel large scale prices. bananas at per bunch. beets carrots cabbage lemons oranges onions potatoes strawberries squash sweet potatoes tomatoes ham cuts lard and more with varied regional labels and crates or boxes.

Messina Palermo Florida

Money on call and mercantile rates steady in New York

Money on call eases to 1 percent while ruling rate stays 1 percent and short dates show slight firmer. Time loans at 242 percent for sixty days, 3 percent for ninety days, six months at 4 percent. Prime mercantile paper quoted at 4 1/2 percent. Bankers' bills quoted at 486.90 for demand and 484.50 for sixty days. Bar silver at 54 3/4 cents, Mexican dollars at 47 cents. Government bonds steady.

New York Prime Mercantile Bankers

Grain Supplies Reported By New York Produce Exchange

The visible grain supply on April 11 shows Wheat 37 763 000 bushels down 1 035 000. Corn 5 794 000 up 47 000. Oats 11 021 000 up 637 000. Rye 522 000 down 36 000. Barley 3 184 000 up 5 000.

New York New York Produce Exchange

Cincinnati Ordinance Sets Open Public Street Extending Western Avenue

The city council authorizes appropriation of extensive parcels in Millcreek Township for street widening from Edgewood Avenue to Western Avenue. It names attached property owners, outlines parcels, and directs the city solicitor to seek court appraisal of compensation. Effective April 6, 1966.

Western Avenue Millcreek Township Elmore Street City of Cincinnati State of Ohio Edgewood Avenue Ann. Backmeier Gard Edgwood Avenue Anna Backmeier Louisa Ruenke Elmore Treet Elmore Meow Gea Cats of

Also Mentioned on This Page

Page & Hill Chas. E. Bultman Company H. M. Beazell George Ustis & Co Mercantile Library Atchison Bath Deen Atlantic Coast Line Delaware & Hudson Alegee Great Northern Southern Railroad State News Eeeeene Texas Pacific Union Pacific Errr Kpaijah Goonae Wisconsin Central Car & Fdy Svasesess Col. F. & Iron Consolidated Gas Securities General Electric Weaee Pacific Mail Republic Steel Do Prof. Eee Ticker V. Vv NEW York Mining W. B. Hutton & Co First National Bank Building St. L Aetics Nes, L M. Bote Lity Sais Green Bay & W W. Ielinoin St. L.M Prue Xas Pac Union Pacific H. & H Union Pac. Co E. T. Ae William W. Douglas Foster & Co Havlin Hotel Ralph Caldwell James B. Stanwood Columbus City Club Payne Kinnard Manufacturing Company Dayton, C Business Men's Club Schuler’s Smith B. Queal National Organization Ahr & Rost John Ahr George J. Rost Sanford Brown Fred J. Wesselman David P. Schorr Gest Street Clifton Stair Building Company Hudolph Keitzmann W. H. Hurn F. J Hrenry Harlander Adolph O. Heinrich Gerritt J. Fredericks, Jr West McMillan Street Business Men’s Club J. P. Bird Worcester Mass H. D. Lovega Ashland Cal James E. Miller Covington, O E. S. Smith Richmond Joseph E. Kinkie Baltimore Joseph s.Neave Europe Neave Newport & Covington Light and Traction Clearings Blannces Cin Gas and Electric Street Ry Merchants’ Nat, Bank Procter & Gamble T.pfd Edison Bloc Ask Panama Glasgow Railroa Ask. Cin. Int N.do T.P Col. & Xenia Little Miami T Dow Pest Ty. Ee CG Aces Scioto Valley Cincinnati Bonds J. J Sinttne Southern Ry M N Ae “Water Works Southern Ry. Ter Wee See Water Works S. Water Works Viaduct J. D F. A Hamilton County Elizabethton Bridge Longview Eee Armory Benson Street Big Miami Bridge Covington J. Street Imp Water Works Newport Ete Water Works Smith B& N C. D L.A &P Financiat Boston Mining Teo- C Or & W. Is C.r.&f.w M. O C. B.ls B.G Tol Miami Eagle Oak L Bullock Fay&Eg. Com Hoov-O-R Ind. St. Ry Shillito Co Niles T.w.pr U. S. Lith Cotton Letters C. J. Buddeke & Co Union Trust Building Scagesescooes Ase Seenenpeea Seeee Weeweee Wanes Roberts, Hall & Criss New York Stock Exchange American ‘Tobacco Coi Borden’s British Columbia San Pees Chicago Subway Colonial Dominion Copper Havana Tobacco Ewes Otis Elevator Royal Baking Standard Oil Wees Ely Metals Treasury Statement Chicago Street Improvement Kuhn & Sons East Third ST Évallz Bacon Ibs D.s. M’ts Hamas Fruits and Vegetables S&s. P JAVE Fancy Head Japan Akron Crescent Piveydessy Olen Cotto New Springersa Osceesecees Ducks Bbi S. Cc California Tate Navy Peoria Cincinnati Gas and Investment Securities Walnut St Mobile Ala Alabama Weil, Roth & Go East Fourth ST Ohio Bonds Canton Madisonville Western German Bank 12Th and Vine Streets Baldwin the Baldwin Company W. 4Th St Commercial Tribune 2Excelsior Electric Company Fred Desberg C. G. Sinnett D. A. Weddell Annette Neuman L. 8. Desberg Ahr & Rost Company Fred G. Wesselman Rudolph Kietzmann F. Henry Harlander Lake Bros. Barbee Manufacturing Company A. R. Linn F. E. Harmon Alvin Lake Harper John Huber Curtis R. Vernon John P. Schmidt William H. Runnels
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