Wall Street Sees Big Stock Offerings Shake Markets
New York April 29. Wall Street faced unsettled trade as large stock offerings met with rising selling pressure while short interest and bear activity provided bullish counterweights. Union Pacific and Southern Pacific moves dominated chatter as iron and steel news cooled prospects for price gains. Total sales par value 4 468 000.
Listing of mining stock percentages and company names
Boston reports show a compilation of mining stocks with percentages and company names including Amalgamated, Calumet and Hecla, Centennial, Copper Range, Daly-West, Franklin, Granby, Michigan, Mohawk, Old Dominion, Parrot, Quincy, United Copper, United States Oil, Utah, Winona, Wolver ine, Nevada, Butte Coaliti on, Cananea and others, with varied percentages and figures.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Allouez
Amalgamated
Atlantic
Bingham
Calumet
Hecla
Centennial
Copper Range
Daly-West
Franklin
Granby
Isle Royale
Massachusetts
Michigan
Mohawk
Montana Coal and Coke
Old Dominion
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
Roberts, Hall & Criss
New York Stock Exchange
American Tobacco
Borden's
British Columbia
Ssc
Eneda
Chicago Subway
Dominion
Havana Tobacco
Otis Elevator
Seeenee Peewee - P. Com
Sweneee Do Pref
Eeweee
Pee Tene Reese Erenons
Utah “Consolidated Wones Greene Seee
Davis-Daly
TICKER TALK. London market steady. US steel shows surplus
Americans in London hold strong at 4a% above parity while the London market remains steady and featureless. United States Steel reports a $7,865 surplus after dividends. a deficit seems unlikely. Interborough financing covers the next two years. Many stocks in loan crowd. M. K. T. will not sell bonds in treasury as rumored. Twenty-five roads for third week in April show an 18.14 percent decline in gross average.
Stock market backs off after big weekly rally
Brokers report a mild late-day pullback from a fast rise as profit-taking grows. Analysts anticipate further fluctuations until Union Pacific financing news. Short-covering remains a factor while industrials show renewed strength and the market eyes higher levels.
New York Coffee Market Opens Steady Amid Light Receipts
The New York coffee market opened steady with little change as European reactions influenced prices. Brazilian markets rose while primary receipts stayed light. day closed steady to modestly lower. 48,300 bags were sold with May at 6.80c, July 5.90c, September 5.95a6c, December 6.05a6.10c, March around 6.0c. Spot steady Rio No 7.6c, Santos 4.8% to 4.9c, Cordova 2% to 2.4c.
MENTIONED IN THIS ARTICLE
New York
w-Mink
Rio No
Santos No
Cordova
New York Bond Sales Digest From W E Hutton and Co and Banks
A crowded display of bond listings includes New York issues tied to rail lines banks and utilities. Entries show prices yields and quantities across U S and international firms with notes on companies such as Japanese corporations and U S railroads.
Elevated Railway Bill Pleases Cincinnati Business Leaders
Shaffer of the Business Men's Club hails Columbus action on the elevated railway bill. Cincinnati backers favored rapid transit to suburbs. Oberlin College centennial events set for June 15 with Taft as commencement speaker and W C Cochran also speaking. The Cincinnati New Orleans and Texas Pacific Railway reports March net earnings at 149 793 37 after expense cuts of 86 296 87.
MENTIONED IN THIS ARTICLE
Shaffer
Business Men's Club
House of Representatives
Columbus
Cincinnati
Taft
Oberlin College
Oberlin
W. C. Cochran
Cincinnati, New Orleans & Texas Pacific Railway Company
Foreign Bourses Edge Higher Amid Mixed Markets
London markets showed firmer tone with better money supply and easing discounts. American securities led gains, especially Pacific stocks, while Canadian Pacific lagged on weak revenue. Paris and Berlin opened steady with mixed echoes from New York and London.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Paris
Union Pacific
Canadian Pacific
New York
Atchison
Chesapeake & Ohio
Chicago
Great Western
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
United States Steel
Wabash
Amalgamated Copper
Financial market snapshot from Boston and New York on April 29
Boston reports call loans at 24 percent and time loans around a5 percent. Atchison bonds shown at 87 bid, various railroad and utility issues quoted with mixed prices. New York money on call easy at 1 to 2 percent, time loans firmer, prime mercantile paper 4 to 4.5 percent, sterling and Mexican dollar rates noted. Government bonds steady. railroad bonds irregular.
MENTIONED IN THIS ARTICLE
Boston
Atchison Adj
Atchison
Mexican Central
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
N. Y
Union Pacific
American Arge. Chemical
American Sugar
American Tel
Tel
American Woolen
Dominion Iron and Steel
Edison Electric Islum
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machinery
United States
New York
Prime Mercantile
Sterling Exchange
Oil and Turpentine Prices Across Cities Reported
Oil markets show North Lima at 1.04 with regional listings for Lima and Indiana. turpentine and rosin notes include Savannah activity with firm rosin and sizable sales and receipts, Wilmington spirits turpentine steady at 42c and rosin at 2.75, Crude turpentine prices and Wilmington stock figures. Oil City reports daily balances and shipments totals for late April.
MENTIONED IN THIS ARTICLE
Toledo
North
Lima
South
Indiana
Charleston
Savannah
Wilmington
Oil City
Louisville Tobacco Market Reports Mixed Quality and Steady Prices
Special Dispatch notes light offerings and only fair quality due to poor keeping conditions. Prices remain firm with numerous buyers reporting a range of prices for new Burley and dark tobacco across multiple lots and house names totaling 250 dark and 125 Burley hhds.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Louisville
United
Main Street
Farmers
New Burley
Metals market notes from St Louis and London trading desks
St Louis reports lead at 4 dollars with spelter at 4.55 as prices firm. London tin rose to 144 5s, copper up near 57 17s 6d, London lead steady at 13, spelter at 21. Local quotes show copper around 12.62 to 12.87 for spot and 12.50 to 12.75 for electrolytic. Iron and foundry prices in London and U.S. markets show smaller shifts with standard foundry at 49s 6d and Cleveland warrants at 50s 6d, while U.S. No 1 and No 2 grades range around 16 50 to 17.50 per ton.
MENTIONED IN THIS ARTICLE
ST. Louis
Lake
London
Standard
Cleveland
Hee
Southern
New York Mining Prices and Listings
New York mining prices and listings from April 29 show Adams Concentrates at .05, Alice at 2.00, Breece at .11, Brunswick at .10, Comstock Tunnel at .37, Conn California and Virginia at .40, Iron Silver at 1.00, Leadville at .05, Ontario at 4.0, Ophir at 2.30, Potosi at .10, Sierra Nevada at .37, Small Hopes at .18, and other notes such as Sa -25 and 8erd 1.6.
MENTIONED IN THIS ARTICLE
New York
Adams
Alice
Breece
Brunswick
Comstock Tunnel
California
Virginia
Leadville
Little Chief
Ontario
Potosi
Sierra Nevada
Small Hopes
Securities Hold Strong At Close In Quiet Market
Cincinnati reports dollar volumes with bank clearings 3 319 700 and New York exchange at 25 30 premium. Bond and stock quotes show Civil lines and traction bonds steady. water works 4s 1938 48 and Hamilton 4s 1927 steady. Call loans 4 5 percent and time loans steady.
MENTIONED IN THIS ARTICLE
Cincinnati
New York Exchange
Toledo Railways and Light
Cincinnati Street Railway
Procter & Gamble Common
Elberon Avenue
Hamilton
Cincinnati, Newport & Covington
Columbus Railway
Gas and Electric
Columbus Ry
Light
Cin. Gas and Electric
Procter & Gamble Com
Water Works
Hamilton (O
New York
Ask
Panama
London
Glasgow
Berlin
Paris
Cees
Sterling
Wight
Voc Ceeusieian Mae
Aes
Unlisted Bank Stocks and Bonds in Dayton Market Notes
A scanned market snippet lists unlisted bank stocks including Am Nat Bank 125 Brighten Ger 400 Cin Trust 290 and various others with prices like Cit Nat Cov 160 and First N’l Cov 175 185 Nor Nat 120 125 Prov & 8 7 165 180 and rail and traction stocks. Bond items show C i & ND 4s 97 Dayton & Day Ur 58 and Ky Cent 4s 81 91% plus industrials like Amer Book 175 and Hoov O R pr 105 112.
MENTIONED IN THIS ARTICLE
Am. R. Mill
Jergens
Bar
Smi
Asey-H
C. Cin
Mill
Columbia Gas
Col. Gas & F
Cuyahoga
Ham G &E
Foulds M. M
Fleisch’n Pr
Bank Atlas Nat
Western
Cincinnati Bonds
F A
Southern Ry. KF
Viaduct
J. D
A . Gilbert
Hunt St. W
St. and Sewer
Hamilton County
Elizabethtown Bridge
Longview
Armory
Benson Street
Big Miami Bridge
Covington Bonds
F. A
Newport
Water Works
Bar & Smith
Cin Edison
Hart Gas - Fay & Egan
Col.Gas
Pa. Bridge
H. & B Traction
C.n.&c
Am. Nat
Cin. Trust
Colum, Bank & Sav. Co
Ee Norw
Nor
Nor. Nat
Nor. Sav. Bk
Traction St’esc.&C.edg
N.C. Br
Dayton & Day
Miami
Initiite
Niles Ptlw
U. S
Cotton Letters Hint At Mixed Market Strength
Liverpool improved by stronger Manchester demand and general trade optimism. New England spot cotton demand supported hedges, while market sentiment remained cautious about a record South crop as planting remains sparse and futures loom. W R Todd & Co and W E Hutton & Co note skeptical outlook on futures.
MENTIONED IN THIS ARTICLE
Liverpool
Manchester
New England
W. R. Todd & Co
W. E. Hutton & Co
Cotton markets rally as New York climbs on Liverpool news
Spot cotton in New Orleans steady at Middling 9 13-16c while sales total 1,600 bales. futures rise 16 to 24 points as Liverpool reports strong buying from large importers. New York closes 18-19 points higher with 275,000 bales traded. prices show gains on frost risk and export demand.
MENTIONED IN THIS ARTICLE
George Eustis
S. Mercantile Library
Tehison
Atlantic C. L
Enee Canadien Pacific
Chicago G. W
Chicago & Alton
Col
Southern
Ateee
del & Madson
Erie
Aeaee
Minois Central
Eoneoncee
Manhattan
Tereweges
Missouri Pacific
New York Central
Northern Pacific
Ontario & Western
Pennsylvania
Eee
Rock Island
Teybe
Southern Pacific
Outhern R. R . . . Ae
Aseee Biscuit
Col F and I
Atone Consolidated Gas
Eeaee
Wetee Dist. Securities
Aatee General Electric
Etter
Feeee Republic Steel
Ars
U. S. Steel
Western Union Coe
Bees
New Orleans
Liverpool
New York
Shorts
Houston
Uplands
Gulf
Iron and Steel Trade Signals in April Developments
The Iron Trade Review notes oversubscribed Pennsylvania 4 percent bond issue of 40 million dollars sparking modest iron market improvement though overall conditions remain weak. A 50 thousand ton iron ore sale to Southern Ohio interests post May 1 is reported while Pennsylvania Railroad uses new bonds for New York terminal expenses and line improvements amid idle cars and locomotives. The New York Central signs a 10 thousand keg spike contract with Carnegie Steel. A looming pig iron crisis grows as talks push for a new $10 Birmingham schedule to cut prices, with some buyers forced to bid for immediate needs. If an agreed plan to hold prices steady passes, market peace may follow.
MENTIONED IN THIS ARTICLE
Cleveland
Iron Trade Review
Pennsylvania
Southern Ohio
Pennsylvania Railroad Company
New York
New York Central
Carnegie Steel Company
Birmingham
Wool Market Report From St. Louis On April 29
Wool prices in St. Louis show steady tone with medium combing and clothing grades firm. Fine talic and italic variants trade around 14314e for vent and 19alhc for heavy fine italic tubed goods under market conditions.
MENTIONED IN THIS ARTICLE
ST. Louis
Markets in Cincinnati April 29 1908 grain and whisky notes
Wheat firm with No 2 red and No 3 red quoted. Corn higher for yellow and white types amid good inquiry. Oats weak on ample offerings. rye easy. Flour steady. hay steady demand. Whisky firm with 832 barrels at 1.35 per gallon. Receipts and shipments listed for apples, oats, cattle, butter, coffee, rye, flour and more.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Northern
D.s. Mt
Market Prices for Fresh Produce and Meats
Apple per barrel price listed as 2.3 dollars. Bananas priced 1.75 to 2 per bunch with seconds at 0.75 to 1. Onions noted as home grown Mea bush. Green meats section lists shoulder 6.75 to 7.12 and short ribs 6.75 to 7.24 with extra short at 4.47 to 4.25. Other items include beets 1.50 per barrel, carrots 1.50 per barrel, cabbage 1.75 per crate, lemons 3.25 to 5.26 per box, oranges 2.50 to 3 per box, potatoes 2.60 to 2.75 per barrel, strawberries 0.15 to 0.25 per quart, squash 2 to 2.25, sweet potatoes 4 per crate, tomatoes 1.50 to 2 per crate.
MENTIONED IN THIS ARTICLE
Palermo
Florida
Queens
Timothy Arrives From Store On Arrival
A brief arrival item notes Timothy arriving from a store at a given time. The fragment mentions an encounter or check-in but lacks concrete details or full context.
MENTIONED IN THIS ARTICLE
Timothy
The Rice Market Shows Improved Demand and Sustained Prices
Reports indicate rising demand from local and distant buyers while receipts remain light. Prices are fully sustained due to reduced offerings and strong primary markets, with foreign sorts entering to cover limited medium grades and notable activity from New Orleans and Atlantic Coast regions.
MENTIONED IN THIS ARTICLE
South
Atlantic
New Orleans
Louisiana
Texas
Talmage
Charleston
Carolina
Burley tobacco market slips as old stock dwindles
Offerings were light and demand weak as old tobacco nears exhaustion and new stock remains unsalable. Trades across three warehouses show mixed prices for new and old tobaccos with most activity in medium trash grades.
MENTIONED IN THIS ARTICLE
Globe
Seed prices in Toledo market report
Clover seed values listed in Toledo on April 29 with cash and October bids. Cash 12.75 dollars per unit, 23 and 12.15 for other mentions, October 7.65. Timothy seed noted as prime.
MENTIONED IN THIS ARTICLE
Toledo
Timothy
Also Mentioned on This Page
Wall Street
Hill Railroads
St. Paul
United States Steel Corporation
Corporation
Tennessee Coal and Iron Company
Interborough
Boston Mining
Peoria
Ticker
Charles E. Bultman Company
H. M. Beazell
Page & Hill
R. R. Todd & Co
First National Bank Bunding
Bklyn
H. R
Rio
Cen
St. Po M
Y.C
O. 24 Inc
C. S
San A. & i Ae
Tex. Pac
Baess
N. XN. H
U. de
Kings Co
St. L
Adie Kings Co
K& W
Toto. Tone
Eeerh
U. Ss
Arch
Peo
Con, 2d Inc
Peo. & East. Inc
Bias
Ieee Trim Rio
Wab. Pitts. T
St. le
L M
S— Soretite
Stl. & S
J. W. Lively
J. E. Hillen
E. Gohen
W. P. Best
Indianapolis
Ind
Edward Palmer
E. B. Showman
Waynesville
L. Wachans
Blanchester
W. E. Postle
The
Metal Trades Association
Business’ Men's Club
J. M. Manley
Newsboys’ Association
M. L. Pierson
Morris Isaacs
John B. Wiborg
R. R. Reynolds
Otto Armleder
Clyde Johnson
Harry L. Manns
Receivers and Shippers’ Association
Francis B. James
New Industrés
Methodist Book Concern
Industrial Bureau
Bureau
Union Trust Building
Baltimore
J. C. Hobart
J. J. Heekin
F. P. Marshall
Exchange
Louisville Tobacco
Metals
NEW York Mining
Em savenuUres
Ask. Cin
N.C
T.P
Col. & Xenta
Little Miami
Cin. & Ham
Ohio Traction
Col. Ry. & L
Det
Scioto Valley
Int
Globe Soap Ae
Globe-Wer
Ham. Ma. Pees
Kroger
Nat. A. F. A
Ph. Carey
Ph&fm Roots
Rob’n Realty
Steptoe-Sh
Wurlitzer von Ls - 108
Col. Crosst
Dayton
Elect
Ham. & Lind
Railroa
Big Four
G. m
C.R
F.W
Ohio
Miami&Germ. Co
Securities
Cotton Letters
C. J. Buddeke & Co
Union Trust
Iadds Svvicceses
Iron and Steel Trade
German National Bank
Covington, Ky
James C, Ernst
George BE. Engel
H. P. Colville
Asst
Cincinnati Street and Sewer
Cincinnati Water Works
Cincinnati School
Walnut Street
Postoffice
Tim
Fruits and Vegetables
Sweer
Java
Japan
T.al
N. O
Akron Crescent
Seeenee
Aati Rough
Limburger Michigan
Widigald
Morrow County
Weil, Roth & Go
East
Phoenix Grain
Cincinnati, O
Paldwin
the Baldwin Company
W. 4Th St
Cincinnati Equitable Insurance Company
E. Third Street
Dublilesd
H. Ernst
S. Cc
Asia