Pennsylvania Bond Issue Still Factor in Wall Street
The market confirmed last week's large professional operations as the Pennsylvania bond subscriptions closed quickly both in New York and London. Banks classify bids over several days while expected oversubscription proved strong though some profit-taking surfaced. Union Pacific and other rail names rose on the Pennsylvania success while United States Steel lagged on seller concerns. Total sales reached $4.486 million with US bonds unchanged on call.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
London
Union Pacific
Southern Railway
St. Paul
Atchison
United States
American stocks in London fall below parity amid rate shifts
Stocks in London trade show large declines as U S equities drift below parity while Berlin Bank reduces rates from 5 to 5. Pennsylvania bond subscription opens and is viewed as likely to be oversubscribed both domestically and abroad. Bank statement called generally favorable with soft coal trade authorities noting current conditions.
MENTIONED IN THIS ARTICLE
London
Pennsylvania
Railway stocks slide amid mixed market signals
Conditions worsen for many years with a Union Pacific bond announcement expected soon. Twelve industrial stocks slip .08 and twenty active railroads fall .19 as traders react to the shifting market.
MENTIONED IN THIS ARTICLE
Union Pacific
Brokers See Irregular Trading Amid Mixed Signals
Early trading showed irregular activity on heavy volume with signs of distribution in some issues and strength in others. Analysts forecast a broad market with prices climbing to new highs on rail and industrial stocks, while cautioning against overcommitting until a setback appears.
MENTIONED IN THIS ARTICLE
H. M. Beazer
Charles E. Bultman Co
W. E. Hutton & Co
Treasury calls $45 million on national banks
The Secretary of the Treasury announced a further call on national banks for about $45,000,000. Thirty million? wait. The note: $20,000,000 due by May 9 and $25,000,000 due by May 23, 1908.
MENTIONED IN THIS ARTICLE
Secretary of Treasury
Washington
Secretary of the Treasury
New York Bond Sales Totals Revealed in Market Report
Bond market activity lists numerous issues from issuers such as New York City, Reading, Wabash, and Amer Tobacco with varied maturities and yields. Names like American Tobacco, Reading, and Wabash appear among a broad catalog of 4s, 5s, and convertible notes totaling about 4.86 million. The report mirrors a bustling, data dense listing of prices, yields, and par values across multiple railroad, finance, and utility securities.
Cincinnati Notes Preview Club Events And Local Reports
The Cincinnati Harvard Club hosts a smoker at the University Club on May 1. Insurance man J H Leiding recovers from an operation at Christ Hospital. Delegates invited to the International Congress of Navigation in St Petersburg May 31 to June 7. W T Baker and W E Carter visit to study civic boosting methods. Industrial Bureau board to meet at Union Trust Building with Ex-President William Lodge reporting. The Cincinnati Equitable Insurance Company holds its eighty third annual policy holder meeting next Monday with twelve directors to be elected. Robert Wuest leaves for Cleveland to attend the National Executive Committee meeting of the Metal Trades Association. The Taxpayers Association directs attendance at the gas hearing tomorrow. fifty four new members. Visitors to the Business Men's Club include Powers, Stritch, Warner, Auger, Lanaber, Todd, Atkins and Larson. The E M Schantz Lumber Company sale yields 1136 dollars. Walter A Ezekiel to sell New Decatur Buggy Company plant at Middletown tomorrow by U S District Court order. Advertisers' Club to discuss advertising the Reds at Schuler's midday luncheon. Balmer and Mielziner to speak at Grand Hotel dinner.
MENTIONED IN THIS ARTICLE
E. M. Schantz Lumber Company
W. E. DeLaney
Ezekiel & Bernheim Company
Walter A. Ezekiel
New Decatur Buggy Company
Middletown
United States District Court
Schuler
August Herrmann
Reds
Grand Hotel
Thomas Balmer
New York
Leo Mielziner
Paris
Nominating Committee Selects Directors for Association
The Nominating Committee of the Receivers and Shippers' Association selected directors for the upcoming annual meeting. Names will be announced after the committee reports. District Attorney McPherson received a $15,000 government check for the Lancaster Postoffice site, with transfer work in progress in Lancaster and Newark as the department moves to own its buildings.
MENTIONED IN THIS ARTICLE
The
Receivers and Shippers’ Association
J. Walter Freiberg
H. C. Mather
M. E. Lynn
Carl F. Streit
B. F. Dulweber
McPherson
Washington
Postoffice
Lancaster O
Moulinier
Lancaster
Newark
Postoffice Department
Foreign Bourses Show Mixed Trade Across London Berlin Paris
London bids for gold and Paris secures most of a million pound gold window while American securities ease on Union Pacific and Pennsylvania bonds. Berlin and Paris see dull to higher prices as Russian shares move markets and discount rates shift.
MENTIONED IN THIS ARTICLE
London
Paris
Stock Exchange
Imperial Bank of Germany
Union Pacific
New York
Atchison
Pennsylvania
Anaconda
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
Rand Mines
Reading
Southern Railway
Southern Pacific
United States Steel
Wabash
Berlin
Exchange
Financial Market Roundup From New York and Boston
New York money on call easy at 1 percent with 1 to 2 percent offered. Time loans firmer. sixty days 2 1 4 to 2 4 percent, ninety days 2 to 3 percent, six months 3 to 8 percent. Sterling exchange steady. bills 487.25 to 487.30 for demand, 484.70 to 484.75 for sixty days. Bar silver 53 1 2 cents. Boston call loans 2 to 4 percent. time loans 3 4 to 5 percent. Various bonds and stocks listed with mixed gains and losses across utilities and industrials.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Boston
Atchison Adj
Atchison
Mexican Central
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
N. Y
Union Pacific
American Arge
American Tel
American Woolen
Dominion Tron and Steel
Edison Electric Illuminating
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machine
United States Steel
Boston Mining Prices Drift Through Active Trading Session
Boston April 27 prices across a wide list of mining stocks show varied activity with notable percentages: Amalgamated 60 percent, Calumet and Hecla 630 percent, Copper Range 665 percent, Granite holdings like Granby 90 percent, United States Mining 3114, and several others trading in mixed gains and losses, reflecting a broad market turnover among miners and associated interests.
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
Ola Dominion
Osceola
Parrot
Quincy
Shannon
Tamarack
Trinity
United Copper
United States Mining
United States Oil
Utah
Victoria
Winona
Wolverine
North Butte
Butte Coalition
Nevada
Arizona
Arizona Commercial
Greene Cananea
New York Mining Prices Reported For April 27
New York mining prices list several stocks with small to moderate values, naming Adams Con .05, Alice 2.00, Bruns wick Con .10, Ophir 2.35, Ontario 4.00, Standard 1.50, and others including Comstock Tunnel .39, Con. Cal. and Va. .48, Iron Silver 1.00, Leadville Con .05, Ontario 4.00, Potosi .10, Sierra Nevada .38.
MENTIONED IN THIS ARTICLE
New York
Demand for Municipals Drives Bond Market Activity
Traders and investors pushed municipals as Cincinnati and surrounding markets showed strong demand. Cincinnati School 4s 1948 led bond sales, with Water Works and Street and Sewer issues active. Cincinnati Sinking Fund 31s weaker at 96% in one sale.
MENTIONED IN THIS ARTICLE
Cincinnati
Cincinnati Sinking Fund
Cleveland
Hamilton (O
Stock Exchange
Newport
Covington
Cincinnati Gas and Electric
Procter & Gamble Common
New York Exchange
N.&c.l
N. &C. L and
Morning Call
N. &C. Lang T
Shars Cin. Gas and Electric
Procter&Gamble Com
Consol
J. J
A. O
F. A
M. N
Southern Ry
Wareee
Southern Ry. Ter
Water Works
Nnaee
J. D
Gilbert W
Hunt St W.W
St. and Sewer
Hamilton County
Elizabethtown Bridge
Longview
Armory
Cincinnati Street and Sewer
Cincinnati Water Works
Cincinnati School
Traction Bonds and Listed Securities Summary
The record lists various bonds and securities including Dayton Ist 6s Det Elect 5s and Do 4%s, Miami 6s 102, C.R. & F.W. 7s 120, and Do note 4%s 67. It notes unlisted securities and a range of bank stocks such as Am. Nat. Bank 125, Cin. Trust 290, and Norw. Nat. 120. Traction stocks C.&C. Bd ig pr 137 to 150, and industrials like Amer. Book 175 and Niles B.-P. 130 to 150.
MENTIONED IN THIS ARTICLE
Ask. Cin. Int. Ry
SM Cn.o.& Lps
Col. & Xenia
C.ce Ae Little Miami
Cin. & Ham
Yn & T
Lo Traction
Tin
St. Ry
O'ma
C. le Solum
Col. Ry
Scioto Valley
Inty
Nor, L.&t
Am. R. Mill
Globe
Ham
Brownell
Ch. C
Kroger
Nat
F. A
Ph. Carey Pr
Ph&fm Roots
Gin
S. T
SAT
Rob’n Realty
Columbia Gas
Faneei Ee Steptoe-Shoe
U. 8
Cuyahoga Tel
Blaccson
W. Powel Pr
Ham. G
Wurlitzer
Foulds M. M
Fleisch
Dayton
Colum. Bank & Sav. Co
Norw
Nor
C.&c.bdig
Cotton market summary with declines across major exchanges
New Orleans spots ease with middling around 9 15 16c. 550 bales sold on spot and 13 arriving. Futures edge lower amid frost risk and New York troubles, then rally slightly on covering but drop again on Southern selling. Liverpool and New York quotes show steady to weak tones with daily volume near 275000 bales in New York.
MENTIONED IN THIS ARTICLE
New Orleans
New York
Spos
Daily Dairy Prices Across Markets April 27
Chicago to Kansas City report shows butter mostly steady with creameries at 20 to 25 cents, eggs around 14 to 16 cents, cheese easing in New York. Dressed poultry prices remain steady for turkeys and fowls, with regional variations and receipts listed for state and Western markets.
MENTIONED IN THIS ARTICLE
Chicago
New York
Western Factory
Pennsylvania
Elgin
Philadelphia
Kansas City
Market Report Shows Modest Uptick in Dry Goods Demand
In New York on April 27 the dry goods market saw modest demand improvement but buyers offered unattractive prices, especially for cotton yarns. Mills reduce business at offered prices and plan further curtailment. A few dress goods sold well while overall trade remained quiet. Raw silk softened and cotton yarns stayed steady yet quiet. The day edged toward a slightly more hopeful outlook for long futures.
MENTIONED IN THIS ARTICLE
New York
Metals Markets Steady to Lower on London Tin Copper
The report shows London tin at £144 spot and £142 15s futures, with U.S. prices around $31.50 to $31.80. Copper in London fell, with spot £57 12s 6d and futures £58 5s, while U.S. electrolytic copper ranged $12.50 to $12.75 per unit. Lead and spelter prices eased or held, and iron in London moved higher with mixed U.S. quotes for foundry grades and regional irons remaining unsettled.
MENTIONED IN THIS ARTICLE
New York
London
Standard Foundry
Cleveland
Foundry Northern
Foundry
Southern
Southern Soft
Coffee futures open steady on higher cables and light receipts
New York reports the coffee market opening steady with an advance of 5 points as buyers cover positions. Trade interest shows light volume with 9,500 bags sold including May 5.65 to 5.75, July 5.8, September 5.85 to 5.9, December 6, March 6.05, spot quiet, Rio No 7 at 6, Santos No 4 at 8.5 to 8.75, Cordova 9.5 to 12 cents.
MENTIONED IN THIS ARTICLE
Liverpool
New York
Shorts
Carolina
Do Gulf
Rio
Santos
Cordova
Treasury balances report shows available cash and gold values
The Treasury states general fund balances as of today excluding the gold reserve: available cash $252,081,631. gold coin and bullion $15,269,371. gold certificates $24,461,720.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Grain and whisky market notes from winter sales report
The report shows prices and receipts for wheat corn oats and hay across winter and spring varieties with No 2 red winter No 2 white and No 4 white among wheat offerings. Whisky stocks include 1144 barrels at 1.35 per gallon and various grain inspections and shipment figures across commodities and livestock.
MENTIONED IN THIS ARTICLE
Do City
Colm
Fruits and Vegetables and Meats Prices Listing
A historical price list shows early 20th century market rates. Apples per barrel two to three dollars, bananas two dollars per bunch, beets and carrots one fifty per barrel, cabbage crate one seventy-five, lemons box around three twenty-five, oranges Florida two fifty per box, onions home grown, potatoes two sixty to two seventy five per rib, strawberries around one twenty-five to one twenty five per quart, squash two to two twenty five, sweet potatoes four per crate, tomatoes one fifty to two per crate. Green meats and lard prices listed for various cuts from Calhams to prime steam lard around seven to nine dollars. Feathers and various dry goods noted with scattered prices and descriptors.
MENTIONED IN THIS ARTICLE
Messina
Palermo
Florida
Ohio Incorporations Special Dispatch to Commercial Tribune
A list of new Ohio incorporations filed April 27 includes The Morrison Jewel Co East Liverpool $10000 by Gerrude Morrison and others The Hager Timber Co Bloomville $30000 The Christman Bros Bryan $22200 The Oberlin Concrete and Coal Co $12000 The Owen Buoghet Co Cleveland $10000 The Toledo Telephone Appliance Co $10000 The S K Elliott Electric Co Cleveland $150000 The Dr T A Miller Co Toledo $2000 The Ohio Lake Erie and Eastern Railway Co Newark $10000 The Pioneer Canning and Manufacturing Co St Henry The Penn Laundry Co Canton increase of capital stock The Evangelical Church of St John Trenton The Union Evangelical Cemetery Company Basil The Free M E Church Wellsville.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
Morrison Jewel Co
East Liverpool
Gerrude Morrison
W. C. Morrison
W. Wade
N. IL. Conkle
Laura B. Ware
Hager Timber Co
Bloomville
W. H. Kilcawley
D. F. Hager
N. R. France
J. F. France
W. E. Bliss
Christman Bros
Bryan
Philip Christman
Rachel Christman
Mary A. Christman
R. J. Christman
R. L. Starr
Oberlin Concrete and Coal Co
M. A. Houghton
D. E. Butler
C. E. Houghton
J. M. Wood
M. S. Whitney
Owen Buoghet Co
Cleveland
William H. Botton
J. G. Fogg
R. M. Casfel
L. L. Chandler
A. M. Luchmeyer
Toledo Telephone Appliance Co
Charles C. Kingsley
J.sauer
E. B. Shepler
H. H. Strong
H. C. Wharfield
S. K. Elliott Electric Co
S. K
J. Ebontz
Frank E. Elliott
Ed Dever
Charles E. Tunner
Charla Montgomery
Newark
Wooster
Pioneer Canning and Manufacturing Company
St. Henry
Penn Laundry Company
Canton
Evangelical Church of St. John
Trenton
Jacob
Oil City and more oil market notes April 27 report
Oil City reports credit balances 1.78 and shipments 433 517 bbls while Toledo notes Lima prices at 1.04 and 9 percentage in Lima regions. Charleston shows no turpentine or rosin activity and Wilmington records limited receipts across spirits turpentine rosin and tar levels with crude turpentine prices at 3.25 to 4.25.
MENTIONED IN THIS ARTICLE
Oil City
Toledo
North Lima
South Lima
Indiana
Charleston
Holly
Wilmington
Grain supplies at New York Produce Exchange totals
On April 25 the visible grain supply reported by the New York Produce Exchange shows wheat 36,365,000 bushels, down 867,000. corn 5,714,000 down 108,000. oats 10,562,000 down 318,000. rye 414,000 down 42,000. barley 2,920,000 down 9,000 bushels.
MENTIONED IN THIS ARTICLE
New York
New York Produce Exchange
Bank Statement Shows Shifts in German Liquidity
Berlin April 27. The Imperial Bank of Germany weekly report lists cash in hand up 60.533 million marks and loans up 892 thousand marks. Discounts fall 53.75 thousand marks, discounts bills down 7.53 million, currency in circulation down 67.123 million, and deposits rise 39.211 million.
MENTIONED IN THIS ARTICLE
Berlin
Te Imperial Bank of Germany
Clover seed and timothy prices listed in Toledo market report
Toledo market notes reveal clover seed trading at cash 13 dollars and April 12.50, October 7.62 percent. timothy priced at 2.15 dollars per unit. The price listings provide a snapshot of agricultural commodity values for farmers.
MENTIONED IN THIS ARTICLE
Toledo
Timothy
Cotton seed oil market update from New Orleans
Cotton seed oil markets report from New Orleans dated April 27 notes price movements and trading activity for the commodity. The brief item mentions backing by buyers and slight shifts in prompt delivery prices.
MENTIONED IN THIS ARTICLE
New Orleans
Also Mentioned on This Page
Wall Street
George Eustis
Mercantile Library
Um ’ Atchison
Chicago G
Babes Chicago & Alton
Senee
Colorado Southern
Do First Press
Heres
Delaware & Hudggn
Erie Com
Great Northern
Manhattan
Missouri Pacific
Northern Pacific
Rock Island
Gree Fes
Setae
Beccaccoves
St Paul
Texas Pacific
S.cs Ass
Wabash Sane
Col. F. and Iron
Eeeeree Eswerees
People’s Gas
Anton Do
Wenee Pacific Mail
Aeseeeee Pineee
Weeee Republic Steel
Do Ref
Steel Springs
Édbonss Véeecaly
Re .Ween Aon
Western Union Eesvese D1l
Eeaeeewnee
Dni
Ticker
W. R. Todd & Co
Roberts, Hall & Criss
Rage & Hill
New York Stock Exchange
American Tobacco
Borden's Milk
British Columbia
Seeieag
Setee Wreenee Oor
Chicago Subway
Dominion
Saseesacveses
Havana Tobacco
CORO
Settee
Tonopah
Aene
Steeveeses Resseeres
Nee Feet
Daly-West North Butte
Eeeenews
First National Bank
T's
U Ww
B. U. J Lste
Aebes Wu Gen
Elec
Hm & Saftee
Rg G. B
W. B
T. c
Aba
Met. S. Ry
BIC
Am. & St. Pe
W. Shore
ORD
Bae Shore
Ea R
Harvard Club
University Club
Fourth
Broadway
J. H. Leiding
Christ Hospital
Chamber of Commerce
International Congress of Navigation
St. Petersburg
W. T. Baker
Alexandria
Ind
W. E. Carter
Industrial Bureau
Union Trust Building
William Lodge
Cincinnati Equitable Insurance Company
Robert Wuest
Metal Trades Association
Taxpayers’ Association
Committee On Municipal Affairs
Gideon C. Wilson
Business Men's Club
C. T. Powers
Grand Rapids
Mich
S. Stritch
New York City
William Warner
Akron
R. H. Auger
Detroit
J. E. Lanaber
Pittsburg
H. F. Todd
H. P. Atkins
Richmond
H. C. Larson
Knoxville
Tenn
Boston Mining
NEW York Mining
Kentucky
ST. Louis
Ask
S- Panama
Philippines
Cincinnati Clearing House
Glasgow
Sterling
Rau
Co. F. Ee Wee
Smith
Fay & Egan
Col.Gas
Pa. Bridge
Railroa
Osce Ancess Os C. Ae D
Dog
C.r.&f.w
Miami
Co. J. Buddeke & Co
Low
Metals
Pi Louis
Spelter
Treasury Statement
Suilas National Bank
Walnut Street
Chicago Street Improvement
S. Kuhn & Sons
East Third ST
Ginginnat
Minneapolis
Northern
Ket
Queens
Turkey
Java Media
Ric Fancy
Prime Wonee Bose
Japan
N. O
Ewewane Ugar
Ohio
Crescen
BU Creamery
Lbalé Dairy
Eeseeree Dais
Springers
Rough and Com
al A
Ao Ee
D. Ss
California
Navy
Morrow CO
Vermilion
Weil, Roth & Go
East Fourth ST
Bayonne
New Jersey
Western German Bank
12Th and
Vine Streets
Baldwin
the Baldwin Company
Procter & Gamble Company
H. L. French