Market Reaches Sharp Downturn Following Heavy Stock Sales
New York August 11 The stock market retraced the July rise with a pronounced downward move led by heavy selling from major houses. Northern Pacific showed strength amid the decline as traders doubted the campaign driven gains. London sales pressured prices and copper warrants slipped, while analysts warned of risks from low grade issues and speculative excess.
MENTIONED IN THIS ARTICLE
New York
Northern Pacific
London
Berlin
Imperial Bank
United States
Americans in London Strong Reading Emphasized
Reports note Americans in London remain strong with Reading singled out. Bryan's speech is anticipated amid signs of railway earnings decline and stalled industrial progress. Sugar dividends show advance signals.
MENTIONED IN THIS ARTICLE
London
Market Was Reactionary Through Early Sessions
Brokers argue the market lacks practical demonstrations of industry and corporate earnings to support broad public demand for securities. Until such developments occur, stock distribution remains unwarranted, according to W E Hutton and Co.
MENTIONED IN THIS ARTICLE
W. E. Hutton & Co
J. A. Fay & Egan Company
J.A. Fay & Egan Co
W. M. Green
Market sits firm as stocks ease on Wall Street watch
London and Paris report a cheery tone on the Exchange with easy discounts and gains in Consols amid Indian loan postponement. Wall Street weakness later trims profits, notably in Canadian Pacific Union Pacific Amalgamated Copper as prices drift. Bond prices and foreign exchanges show mixed moves across Paris Berlin and London.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
New York
Wall Street
Canadian Pacific
Unionacific
Amalgamated Copper
Anaconda
Atchison
Baltimore & Ohio
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
Union Pacific
United States Steel
Wabash
Berlin
Exchange
Paris
New York Bond Sales Report by W B Hutton Co
The report lists New York bond sales across many issues and issuers with prices, yields, and totals. It includes Interboro, Amer. Tobacco, Rock Island, Atchison, Pa cv, and Mexican Cen con among others, detailing totals and percentages.
MENTIONED IN THIS ARTICLE
George Eustis & Co
Mercantile Library
Siglen
Wee
Atchison Adass
Atlantic C A
Canadian Pacific
Chicago G. W
Chicago & Alton
Col Southern
del & Hudson
New York
R. R Thee
St. Paul
Texas Pacific
Toledo
Donatiae seeelOl
Locomotive
Consolidated Gas Ae
General Electric Men
People’s
Pr, Steel Car Co
Pacific Mail Seesenneee
Replic
Enebeveese Ae i
Susar
Tenn, C. & L
Amer
Tobacco
Atchison
Amer. Tobacco
Pa. cv
Sacs
A. T
T. Ev
Amer. Tobacco Cet
So. da
Latchison
Pa. cv. Sigs
H.ic
Illoo
Atchison Ev
Tee
D. & Rag
EL Bs
Amer, Tobacco
Altona
Rock Island
Beth
Steel
Om Island
Colorado
Erie i
Interboro
Lake Sh
Mai
K. T
Colo
Indus
Inter
Mesa
Missouri Pac
Templecone
U. Union
Pac
Wabash Ctf
P. T
Market holds steady as municipals lead the way
The market showed little share activity with money easy and New York exchange at discounts. Cincinnati Gas and Electric remained steady while traction bonds traded. municipals dominated, and several local issues moved at firmer quotes. Bond lists include Cincinnati School 4s 1948 and Water Works 3s 1919-39 among others.
MENTIONED IN THIS ARTICLE
Cincinnati Gas and Electric
Henderson Lithograph
Cincinnati
Newport & Covington First
Omaha & Council Bluffs
New York Exchange
Henderson Litho
Cin
Gas and Electric
First Gs. i
Oe Water Works
Cincinnati School
Cin. Fire Department
Liberty Street
Am. R. Mill
Casey-H
Ch. C. Paper
Jergens
Bar. & Smith
Brownell
Columbia Gas
Cuyahoga Tel
O- Co
Am.g.&e
Foulds M. M
Fleisch'n Pr
Bank Atlas Nat
Cent
Citizens
Consol
S. F
A. O
J. J
F. A
M. N
Southern Ry
eApooeerion Water Works
Southern Ry. Ter
J. D
Gilbert W
Hunt St
Hamilton County
Elizabethtown Bridge
Longview
Armory
Benson Street Bridge
Big Miami Bridge
Ios Covington
Eee
F . Edison
Ction Bon Cin
Ham
Cov
Col
L. S
Degmhoe Cc
D&t
B. G&s
Tol. Or.& Inc
Ham. & Lind
Miam. & Ger
The System Plunderers and a Planned Corporate Axis
A 1908 Boston advertisement argues that a small group uses control of banks, trusts, and the Bay State Company to siphon public wealth. It claims it reveals the origins of this power, the battles with Rogers Rockefeller and Standard Oil, and a plan to mobilize the people against the System.
MENTIONED IN THIS ARTICLE
Roosevelt
Equitable Life Assurance Society
Tom Ryan
Bay State Company of Delaware
J. Edward Addicks
Delaware
Addicks
Standard
Rogers
Bay State
New York and
Huston
Standard Oil
Bay State Company
Rockefeller
Rockefter
Amalgamated Copper Project
Rogers and
Pennsylvania
Massachusetts
New York
Pillar
Post
America
The Stock Game Through American Political Eras
Thomas W. Lawson argues that stock exchange seats have continually profited the public through Republican and Democratic administrations. He asserts that regardless of who is elected next, the stock market will remain volatile, draining household savings with its ups and downs across decades and leaders.
MENTIONED IN THIS ARTICLE
Cleveland Democratic Times
McKinley
Bryan
Hisgen
Debs
Taft
Changes in visible supplies reported for wheat corn and oats
Bradstreed's telegrams show U S east of the Rockies wheat up 1 765 000 bushels while Canada down 387 000. Total U S and Canada up 1 378 000 with Europe down 600 000. Corn U S and Canada down 584 000. oats up 393 00. Leading increases in Newport News Louisville Chattanooga Knoxville Omaha and decreases in Manitoba Nashville.
MENTIONED IN THIS ARTICLE
New York
Bradstreed
United States
Rockies
Canada
Europe
Newport News
Louisville
Chattanooga
Knoxville
Omaha
Manitoba
Nashville
Dry goods market watches two day auction sale
The dry goods trade in New York awaits tomorrow's two day cotton goods auction sale. Silk piece goods are quiet while ribbons are active. Cotton yards are lower and very quiet. Export trade is dull. Dress goods for spring are ordered slowly at new prices set this week.
MENTIONED IN THIS ARTICLE
New York
Aug
Cotton Market Falls Across New York and London Trade
New Orleans spot cotton down with middling 10 1_2 cents and 160 bales traded on spot. Liverpool and New York futures slid amid bearish factors. arrivals remain liberal and weekly weather reports favorable. London and New York shows further declines with widespread selling and limited sales.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Mueuse
Csce
Nist
New York
Wall Street
Uplands
Gulf
Money on Call and Bond Markets Across Cities
New York reports money on call at 1 percent with 60 day bills at 1 percent and 90 day at 2 percent, prime mercantile paper 3.5 to 4 percent, sterling exchange steady. Bonds steady in New York. Boston lists Atchison issues, railroads, and utilities with varied figures in a broad market update.
MENTIONED IN THIS ARTICLE
Special Dispatch
Commercial Tribune
ST. Louis
New York Exchange
New York
Prime Mercantile
Sterling Exchange
Boston
Atchison Adjustable
Atchison
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
Mexican Central
N. Y
Union Pacific
American Sugar
American /Telephone
Telegraph Ion & Steel
Edison Elec Amazing
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Mach
United States Steel
Wool Market Gains Momentum Across Regions
Boston reports improved wool prices with increased demand for one-quarter blood and several new contracts. Domestic quotations show varied ranges by region from Ohio, Pennsylvania fleeces to California and Oregon grades, while Texas and Territory staples also reflect higher values. St Louis notes firm wool with steady prices across medium and fine grades.
MENTIONED IN THIS ARTICLE
Boston
Ohio
Oregon
Pennsylvania
Delaine
Michigan
Wisconsin
New York
Kenucky
Indiana
Missouri
Texas
Caliifornia
Middle County
ST. Louis
Aug. l
Also Mentioned on This Page
H. M. Beazell
Page & Hill
Roberts, Hall & Criss
Ticker
W. BE. Hutton & Co
First National Bank
italGesen
Aig
Colo. So
Inc
Ei Marine Ps
A. B. Ts
N.Y. City
Wab
Ask
Panama
Philippine
Glasgow
Aeva
Ask. Cin
Col. & Xenia
Little Miami
T.P
Cin. & Ham
St. Ry
Chiu
Co.l.& T
Ohio Tractioaction
Renee Benee
Globe Soap
Ancaeide
Globe
Ham. Ma
Tool Bol
Cessepe Ina
Sy F
Mueh
A. F
Carey
Isc Rob'n Realty
Sea One
Morgan
Thomas W. Lawson
Nat
Npt
T. C
Isninite Co
N. C
New York Stock Exchange
Borden
British Columbia
Butte Coalition
Dominion Copper
Seeveseeres Erereere
Havana Tobacco Com
Otis Elevator
Dale Nonae
A. P
Daly-West
Schcatpsenss
North Butte
Trinity
Utah ‘Consolidated Steer
Greene Cananea
Davis-Daly Teeeneeed
Cumberland-Ely
Henner
C. J. Buddeke & Co
Union Trust
Low
Close
Tetewee
WOOL
Southern Ohio Loan & Trust Co
Main Street
Baldwin
Baldwin Company
W. 4Th St
City of
S. Kuhn & Sons
East Third Street
Wurlitzer
Ieee
Cincinnati, New Orleans & Texas Pacific Railway Company
A. Telford
Treasury
Washington