This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 26 articles. Subscribers can read the full text of each article.
Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Apr 22, 1908
Page
8
New York stocks showed extreme dullness despite foreign markets and Easter holidays. Demand was stagnant, liquidity rising in banks, and large issues forthcoming yet investors held back. Illinois Central mortgage dropout and Pennsylvania bond moves shaped trading, with United States Steel and Union Pacific driving a late rally.
American stocks in London idle but heavier and lower. Public Service Commission approves New York Central bonds as railroad officials debate freight rate method. Immigration in March at 32,517, down from 139,118 year earlier, a quiet month aside from January and February. London expects no easy money until Germany’s loan is secured.
Trading in the stock market was extremely light on volume. Prices advanced fractionally early, while some material losses appeared in specialties. The market remains largely a professional affair with cautious conditions and easy money. Room traders bulk the trading as they scalp small transactions. The market can be bought on weakness and sold when strong for fair profits. Cheap money follows a severe financial panic with an abundance of liquidity.
Midday trading saw United States Steel up about a point and a half while Pennsylvan ia Railroad news of a $40 million 4 percent long term bond issue boosted sentiment. After a dull morning the market firmed on quiet demand for leaders, finishing near the day’s peak.
London markets reopened with subdued trading as money sought £1,000,000 in the Canadian Pacific issue and gold reserves rose. American securities fell on weak trade data but New York firms supported late, while Paris and Berlin bourses showed dull to slightly firmer tones with modest discount rates and exchange figures.
A dense list of municipal and corporate bonds with prices and yields appears from W Hutton & Co and First National Bank Building. Notes show numerous issues from New York City and across the United States with varied maturities and interest rates.
The Manufacturers' Club will meet at the Queen City Club on May 11 where Eldon R. James will discuss Historic and Picturesque Cincinnati. The day also notes brokerage firm 8S. Hill & Co resuming after O'Dell Company failure with Foster & Co wire service.
The Northside Business Men's Club will meet next Monday evening to set a date for the new Public Library branch in the area. Local civic groups will attend. President W S Thomas of the Ohio Shippers' Association named B F Dulweber of the Cincinnati Lumbermen's Club to the Executive Committee, a 5000 member shipping group.
Benjamin Franklin of New York City spoke to Cincinnati machine tool builders at the Business Men's Club about a shop cost accounting method to be discussed at the Atlantic City convention in May. The United States Printing Company of New Jersey held its quarterly meeting and declared a 1 percent dividend. The annual meetings of the United States Printing Company of Ohio and United States Playing Card Company were scheduled to be held at the Sonton Hotel with States Lithographing Company on Saturday. The printing company plans a new Norwood factory four stories high, 300 by 380 feet.
New York reports easy money on call at 1 percent with a 1 percent ruling rate and mild firmness in bills. Sterling exchange strong with bankers' bills quoted around 487.40 to 487.45 for demand and 485 to 485.05 for sixty day bills. Government bonds steady, railroads varied. Boston notes money at 2 to 3 and bond quotations including Arch 4s at 86 and Atchison at 96 percent, among many listed securities.
The Park Place Mission Sidney BE L Hoskins R O Bingham J W Barker Edward Clark and William A Graham form a nonprofit. The Kelly Tool Company Cleveland $5000 is started by John Muth Edward H Remde Dexter E Perin William E Kelly and Alfred J Gaining. The Brungard Company Ridgeway $50000 by Edward C Brungard Minda Co Brungard John Brungard Otis D Brungard and Ina Brungard. The Wheeling Lake Hire Railway Company Mt Pleasant $25000 by M Gallagher F B Shellhorn C C Owens J W Sutphen and W B Whiting. The General Machinery Company Cincinnati $10000 by Joseph M Benz John Kuhn John Braurer Adam Benz and Alfred J Benz. The Odell Manufacturing Company Cleveland $15000 by A S Anderson W E Shiels O S Vinton W D Shiels and Floyd Dull.
Boston market news lists closing bids and prices for mining and oil stocks including Amalgamated 57 percent Ottawa Dominion 4916 and Calumet and Hecla 635 along with Parrot 18 Quincy 81 and Tamarack 59 United Copper 4 and United States Mining 37 Utah 38 Victoria 243 and Wolverine 125 in an April market snapshot.
Boston reports a quieter wool market from the prior fortnight yet with a more encouraging tone. Domestic quotes include Ohio Pennsylvania fleece and combing ranges, delaine washed, and quarter blood values, while Texas scoured grades show twelve months at 60 2, six to eight months at 50 53, and fine fall at 48 45.
Louisville April 21 Tobaccos offered 170 hogsheads, mostly dark. Sales include Pickett 18 hogsheads all new crop priced 7.10 to 9.80 dollars. Dark 38 hogsheads new crop priced 5.65 to 6.00 dollars.
Few securities showed activity with Cincinnati Gas and Electric active but weak. City shares led gains with notable sales around 89% while Cincinnati Street Railway traded at fair quotes. Bond and money markets held steady with municipal issues in demand and New York exchange premiums firm.
A dense snippet lists bonds and stocks with prices and dividends across railroads banks and industrials. Notable items include Big Four 4s, C H D 4s, various bank stocks such as Am Nat Bank and Cov Trust, and industrials like Amer Book and Fay Eg co. The document records ex-dividend notes and preferred shares alongside generic listings, reflecting a period market digest.
Cincinnati market quiet with light buyer attendance on April 21 1908 as cattle receipts and shipments show little change from the day prior. Prices across cattle hogs and sheep span from heavy steers to dairy cows with modest declines and steady demand in several categories.
In New York on April 21 retailers are abroad seeking summer merchandise while export markets stay quiet. Unsettled cotton and cloth values hinder trade as cotton yarn prices ease and linings drop for prompt shipment with fall prices set to open lower. linoleums remain firm.
Washington April 21 The Treasury balance in the general fund excluding the 15 million dollar gold reserve lists available cash 217775 and gold coin and bullion 22400398 with gold certificates 19.
Minneapolis wheat and rye futures show firm or easy tones with No 1 Northern wheat at 1.07. Corn oats and flour vary with active demand and quieting through the day. Receipts and shipments of apples bananas butter cattle hogs oats coal and other items listed with prices and tonnage.
A dense price list shows fruits and vegetables with per unit and per crate quotes. Apples, bananas, cabbages, lemons, oranges, onions, potatoes, strawberries, squash, sweet potatoes, and tomatoes appear with varied regional or quality notes. meats and green meats follow with multiple cuts and price ranges.
Cotton trading appeared subdued with spot prices steady in New Orleans and Liverpool. Daily sales reached 5 000 bales in Liverpool with 500 for speculation and export, while New York posted a new low and futures ended barely steady amid suspensions and market nerves.
Longshore & Co of the New York and New Orleans Cotton Exchanges announces suspension of business in New York due to customers failing to meet margin calls. The firm will continue to operate in New Orleans.
Oil prices and stock figures from Toledo and Oil City on April 21 show Lima oil at 1.04 dollars and shipments in the hundreds of thousands of barrels. Charleston notes no quoted turpentine or rosin pricing. Savannah records firm turpentine at 0.45 dollars with strong rosin sales and detailed grade prices and stocks.
The New York coffee market opened irregularly with a 5 point decline to a 5 point advance, then remained near unchanged to 6 points lower before closing steady to 6 points higher. Total volume reached 69,400 bags with May at 6.60, July 5.70, September 5.80, December 5.90, March 6. Spot quiet with Rio at 76 cents and Santos around 4 8? cents.
New York April 21 reports from Bradstreet show declines in grain stocks versus prior counts. Wheat US east of Rockies down 1,756,000 bushels with total US drop 1,649,000. Europe and afloat losses 700,000. corn US Canada down 190,000. oats US Canada down 534,000 after Chicago private elevators shed 243,000 and 266,000 bushels.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.