Stock Market Break Follows Sudden Advance
Nervous trading marked the New York market with an abrupt price break after an early rise aided by broad demand. American Smelting and National Lead led declines amid speculative advertising tied to a Boston operator's campaign. Some observers blamed unfixed orders and outside tips for the volatility while copper and Rand gold helped support gains as July output hit a record.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
Market closes strong amid broad bullish mood
Brokers reported a surprise strength in the day's session with many houses predicting a continued cheerful outlook. With money easy and no clouds in the financial sky, optimism persisted and bulls led the market to higher price ranges across the list.
MENTIONED IN THIS ARTICLE
H. M. Beazell
Roberts, Hall & Criss
W. BE. Hutton & Co
Vacation Plans and Railway Earnings Highlight City News
Lew Daniels leaves for Yellowstone Springs for a three week vacation. Cincinnati New Orleans Texas Pacific Railway earnings for the fourth July week totaled 229 722, down from 270 982 last year. Visitors to the Business Men's Club include W J Stoddard Atlanta B C Browny Columbus and R S Hammer Mexico City. Will L Finch sails to Chattanooga for the Southern States Commercial Secretaries convention and to invite next year in Cincinnati. Chamber members return from vacations to resume work. Thomas Morrison reports six weeks in Europe and Charles Knaul tours the British Isles with European business comment.
MENTIONED IN THIS ARTICLE
Cincinnati, New Orleans & Texas Pacific Railway Company
Business Men’s Club
W. J. Stoddard
Atlanta, Ga
B. C. Browny
Columbus, O
R. S. Hammer
Mexico City
Will L. Finch
Industrial Bureau
Chattanooga
Commercial Secretaries
Finch
Cincinnati
Chamber of Commerce
Thomas Morrison
Europe
Charles Knaul
British Isles
Old Country
Cincinnati Fame Reaches Philippine Camp
Industrial Bureau reports J R Thurman of the Eighteenth Infantry Mindanao P I L requests Cincinnati booklet. Marbleized Fiber Company of Ohio holds Grand Hotel stockholders meeting to set temporary organization with officers Dorger Stetter Storey Reichelman Bruner Witterstaetter Waterman Reich Troutman Rolf Paicheck and Stetter named directors.
MENTIONED IN THIS ARTICLE
Cincinnati
Philippine Islands
Industrial Bureau
J. R. Thurman
Eighteenth
United States Infantry
Mindanao
P. IL
Grand Hotel
Marbleized Fiber Company of
Ohio
Frank Dorger
Fred Stetter
John Storey
Joseph Reichelman
Simon Bruner
Richard Witterstaetter
Francis Waterman
August Reich
John Troutman
H. C. Rolf
P. J. Paicheck
Fred M. Stetter
Market quotes for Clover and Alsike seed futures
Toledo market notes list clover seed futures for October at 8.22 and 8.25, December at 8.10, March at 8.17. Alsike seed offers cash and August at 9.55 and October at 9.35.
MENTIONED IN THIS ARTICLE
Toledo
Alsike
New York Bond Sales Report From W. B. Hutton & Co
A detailed listing of bond sales and quotations from New York markets, including D. & H 4s, C. & R 15s, Alb. & Sus preferences, Union Pacific issues, Wabash and Interboro securities, and various merchant and railroad bonds with prices, yields, and totals. The report covers multiple series with activity from morning to afternoon close.
MENTIONED IN THIS ARTICLE
A.m
Col. Ind. Ss
Arte
UN. Pac
Fdg
W. i
UN. Pac. Ev
Pac
N. H
S. L
Bond Market Opens Dull as Cincinnati Stock Trades Fall
Cincinnati and Chicago reports show a weak opening in the bond and street railway markets. Street Railway and Gas shares ease lower while municipal bonds stay firm and money rates remain easy with call loans near 3 percent and discounts around 5 percent.
MENTIONED IN THIS ARTICLE
Cincinnati Gas & Electric and
Street Railway
Gms
Columbus
Kentucky Tractions
Union Light, Heat and Power
Cincinnati
New Orleans
Texas
Pacific
New York Exchange
Col
Union Light, Heat & Po
Ishare
Ishare Merchants’ Nat. Bank
Unnamed Advertiser Promises to End Stock System Power
A 1908 Boston ad argues a few financiers control prices, politics, and labor through $70 billion in stocks and bonds. The writer pledges to yield this power to the people, claiming the System drains wealth via manipulated markets and panics.
MENTIONED IN THIS ARTICLE
Toyou
Rockefellers
Harrimans
Morgans
Senate
Congress
Union Pacific R. R
Reading
New York
Wall Street
Morgan
America
The Stock Game and the Wealth Clash
Thomas W. Lawson frames the stock market as a duel between a few ultra wealthy veterans and the masses with limited capital and experience. He argues if the public pools capital under seasoned leadership, they will share the wealth with confidence and speed.
Dry Goods Trade Shows Lower Prices in New York
The large dress goods houses opened with prices 7 to 10 percent below last year. Orders are growing, and cotton goods buyers anticipate Wednesday's 25,000 package auction. Raw silk values remain firm, drawing complaints from manufacturers nationwide.
MENTIONED IN THIS ARTICLE
New York
Grain Visible Supply Reports From August 8
The New York Produce Exchange reports Saturday August 8 grain visible supply totals: Wheat 16,998,000 bushels up 824,000. Corn 1,846,000 down 232,000. Oats 1,674,000 up 154,000. Rye 188,000 up 38,000. Barley 570,000 up 30,000.
MENTIONED IN THIS ARTICLE
New York
New York Produce Exchange
Financial Market Figures From New York and Boston
Aug 10 reports show money on call easy in New York at 1 1/2 percent with time loans easing. Sterling exchange steady. government and railroad bonds mixed. Boston listings include Atchison bonds, railroad issues, and major industrials such as American Sugar, US Steel, General Electric, and United Fruit with varying prices and yields.
MENTIONED IN THIS ARTICLE
George Eustis & Co
Mercantile Ae
Afahezade Ovenigh
Ww B. Ft
G. We
Colorado Southern
Chicago & Alton
Delaware
Hudson
Detroit United
Great Northern
Lot
Manhattan
Missouri Pacifi
New York
Pennsylvania
Rock Island
St Paul
Texas Pacific
Toledo
Union Pacific
Wisconsin Central
Colorado Fuel & Tron
General Electric
Sead Terre
North America
Ky Pacific Mail
Republic Steel
Coal & Tron
Urion
United, States Steel
Sveeeee Senee’ Ee
Western Union Dopres
Seee- Ees
Special Dispatch
Commercial Tribune
ST. Louis
New York Exchange
St. Paul
Lst
Rockefellers
Morgans
Harrimans
Prime Mercantile
Sterling Exchange
Boston
Atchison
Boston & Albany
Boston & Maine
Boston Elevated
Fitch
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe
United States Steel
German Imperial Bank Statement Reveals Mixed Shifts
The weekly report from the Imperial Bank of Germany shows cash in hand up 13.2 million marks, loans down 20.9 million, discounts down 37.3 million, Treasury bills up 4.1 million, notes in circulation down 38.4 million, and deposits reduced by 2.16 million.
MENTIONED IN THIS ARTICLE
Berlin
Imperial Bank of Germany
New York Mining Prices and Offers Report
New York mining prices and offers list stocks and bonds with values for Alice, Brunswick Con, Comstock Tunnel, Con. Cal. and Va., Horn Silver, Iron Silver, Leadville Con, Little Chief, Mexican, Ontario, Ophir, Small Hopes, Standard, and Yellow Jacket as of August 10.
MENTIONED IN THIS ARTICLE
New York
Breece
Brunswick Con
Comstock
Comstock Tunnel
Con. Cal
Leadville
Ontario
Wool Market Report From St. Louis Dull Trade Notes
Wool quiet in St. Louis with medium combing and clothing grades at 19 to 20 cents, light fine at 16 cents, heavy fine around 12 1/2 cents, tub washed 20 to 27 cents. Prices reflect limited demand and steady buyers.
MENTIONED IN THIS ARTICLE
ST. Louis
Treasury balances report shows cash gold holdings
Treasury statement details available cash of 201,512,857 dollars excluding the 150 million dollar gold reserve, plus 44,917,252 dollars in gold coin and bullion and 33,714,240 dollars in gold certificates as of August 10 in Washington.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Coffee futures open steady then ease as day ends
New York trading opens steady with minor gains but late session selling pushes prices down 5 points. Trade reports show 9,000 bags moved with August at 5.65 cents and May at 5.58 cents while spot quotes hold Rio No 7 at 76 and Santos No 4 at 85. Mild coffee remains dull with Cordova around 2 1/2 cents.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos No
Cordova
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