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 9 articles. Subscribers can read the full text of each article.
Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Aug 13, 1908
Page
6
An alarming manifesto reveals a plan for National Stock to flood markets, sway prices, and fund a rival banking network. The author claims absolute control of the instrument, touts immense profits, and urges widespread pamphlet distribution to recruit millions of stockholders and undermine the System’s grip.
A pamphlet argues for new banks and trust companies funded by National Stock sales. It claims deposits would fund loans at fair, modest rates to sustain legitimate banking and stockholder returns. The text compares to large banks’ earnings and surpluses, suggesting borrowers are overcharged. It cites New England examples of a National bank and trust company with large public deposits.
A pamphlet urges mass participation in National Stock to undermine powerful financial interests. It claims 1.6 million stockholders can disband control of major institutions, outlines share prices around 1.50 to 2.00, and predicts rapid wealth from selling 2.5 million shares at both 2 and 4 dollars, with profits to stockholders.
The speaker accuses a financial system of manipulating stock prices to harm investors and enrich insiders. He cites past examples of Amalgamated Yukon Copper Range Butte and Boston St Paul Smelters and predicts National Stock will turn power to the people, exposing fraudulent gains and bank collapses.
Cattle receipts were light at Cincinnati on August 12 1908 sparking stronger buying for good butcher cattle while medium and heavy steers stayed slower. Hog and sheep trading also showed light volumes with prices easing on hogs but lambs and sheep holding firmer in some markets across St Louis New York and Chicago.
New York trading reports show receipts for flour and wheat rising with unsettled activity and a slide in wheat prices amid bearish Northwest signals. Cables and bears pressuring prices with September to May contracts lower from earlier highs.
Commodities mixed with futures little changed as oats and hay steady in several markets. Wheat cash and futures quoted in multiple cities, with Kansas City and Minneapolis noting steady hay and barley ranges, while pork and lard show slight declines in St Louis. Receipts and shipments listed for wheat, corn, and oats across Duluth, Minneapolis, and other hubs.
New York August market started with steady prices and little volume, then late trading saw some selling by trade interests due to larger receipts. Close remained steady to five points lower as 11,500 bags moved with August at 5.70 cents and May at 5.60 cents. Rio No.7 6 and Santos No.4 85 were quiet. Cordova 2 percent.
Thomas W Lawson urges universal investment in National Stock with staged share targets by income level. He claims funds go into the treasury, promises large profits, and vows aggressive advertising to recruit millions of stockholders while detailing his stock market tactics and past successes against the System.
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.