Southern Pacific Leads in Advancing Stocks Prices
New York Aug 20 The stock market showed renewed activity with losses in some active issues but gains led by Southern Pacific and Union Pacific. News included possible Pennsylvania System layoffs and lack of decision on Lackawanna switchmen issues. London buyers supported Southern Pacific while Bank of England and Bank of France reports influenced sentiment.
MENTIONED IN THIS ARTICLE
Southern Pacific
New York
Pennsylvania
New York Central
London
Pittsburg
Lackawanna
Interstate Commerce Commission
Union Pacific
Atchison
Wall Street
Bank of England
Bank of France
Americans in London Hold Near Parity On Ticker News
Market notes report Americans in London at about parity with the dollar as a corn crop outlook improves for next month. Street chatter credits Union Pacific with speculation on the New York Central. The St Louis & San Francisco borrows $2,000,000 from the United States Express. Bank of England rate remains at 2 percent.
MENTIONED IN THIS ARTICLE
George ‘Eustis & Se Mercantile Library Ae
Owen High
Close
Atchison
Ce BR Osa Oh
Canadian Pacific
C./ Co
Chicago GC. W
Colorado Southern
Delaware & Hu
Erie
Great Northern
Ee Central
Missouri Pacific
New York Central
Norfolk & Western
Northern Pacific
Ontario & Western
Pennsylvania
Rock Island
Southern Pacific
Southern
R. R
St. L
St. Paul
Texas Pacific
Union Pacific Eenece
Wisconsin Central
Car & Fay
Col. F. & Iron
Consolidated Gas
Pacific Mail
Republic Steel
Ry. Steel Springs
Union Bag & Paper
United States Steel
Western Union
Union Pacific
St. Louis & San. Francisco
United States ‘Express Company
Brokers Call Market Rally Tops In Final Hour
Market weakened for most of the session with raids on specialties but strengthened last hour as shorts covered and prices rose to high levels. Aggressive buying, especially in Southern Pacific, pushed shares higher while others warned of possible September lower prices and politics influencing Wall Street.
MENTIONED IN THIS ARTICLE
Shorts
H. M. Beazell
Southern Pacific
Fage & Hill
Cotton Seed Oil Prices Reported in New Orleans
In New Orleans on August 20 prices show prime cotton seed oil at 42 cents. The brief note records the rate for prime stock as a market reference and reflects commodity pricing for that day.
MENTIONED IN THIS ARTICLE
New Orleans
Prime
Money market notes and bonds in New York and Boston
New York reports call money easy at 1 percent with a 1 percent ruling rate, time loans mixed up to 3 percent, prime mercantile paper at 3 1 4 percent. Sterling weak with bankers bills 484 75 to 484 90 for sixty days and 486 30 for demand. Government bonds steady. railroad bonds irregular. Boston reports call loans 2 to 3 percent, time loans 3 4 to 4 1 4 percent. Bonds and stocks show varied prices across Atchison, Boston and Maine, Union Pacific, American and United Fruit among others.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Boston
Atchison Adjustable
Atchison
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
N. Y
Union Pacific
American Arge. Chemical
American Sugar
American Telephone and Telegraph
American Woolen
Dominion Iron and Steel
Edison Electric Illuminating
Massachusetts Electric
Boston Mining Stocks Rise and Fall in Quiet Trading
Boston market summary lists multiple mining shares with varied percentages. notable gains appear for Calumet and Hecla 685 and North Butte 831 while several others show modest gains or losses. figures reflect exploration and production equities across major mining firms and regions.
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
Montana Coal and Coke
Old Dominion
Parrot
Shannon
Tamarack
Trinity
United Copper
United States Mining
United States Oil
Utah
Victoria
Winona
Wolverine
North Butte
Butte Coalition
Nevada
Calumet and
Arizona
Arizona Commercial
Greene Cananea
Dry Goods Trade Slows From Last Year in New York
In New York the dry goods jobbing houses report steady activity with normal spot merchandise flow. The primary market for cotton goods remains quiet, with most action in print cloths and domestics for jobbers. Spring goods bookings by clothiers for men’s wear outpace fall season bookings, and fancy worsteds are selling best.
MENTIONED IN THIS ARTICLE
New York
Market Prices for Mining Stocks on Aug 20
New York reports closing prices for mining stocks with Alice at 2.50 and Breece at .03, Ontario at 3.75, Ophir at 2.15, Mexican at .78, Standard at 1.80, Ontario 3.75, and other issues including Brunswick Copper and Comstock Tunnel bonds.
MENTIONED IN THIS ARTICLE
New York
Brunswick
Comstock
Con. Cal
Leadville
Little Chief
Ontario
Cincinnati
Southern Coke
Foundry
Ke Superior
Lake Superior
Hanging Rock
Jackson County
Standard Southern
Tidewater
Foundry Northern
Weeee
Plain Foundry
Gray Forge
Northern
Basic
Norern Weeee
Virginia
Virginia Foundry
Southern
Southern Seers
Treasury balances show available cash and gold assets
Treasury balances in the general fund exclude the $150 million gold reserve. Available cash totals $191,445,996 while gold coin and bullion are $37,317,506 and gold certificates amount to $51,661,660.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Wool price report notes by quality and grade
ST. LOUIS August 20 price report lists wool values for medium grades combing and clothing 19s 20c, light fine 16s 16 1 3d, heavy fine 11 6 1 2d, tub washed 20s 27c.
MENTIONED IN THIS ARTICLE
ST. Louis
New York Bond Sales Report Arranged by W. EB Hutton
The financial listing shows bond transactions from 10 a.m. to 2 p.m. including American Telephone and Telegraph cv4s, Union Pacific Ist ds, Reading 4s, Atchison con cv 4s, and various city and railroad issues. Values range up to several hundred thousand dollars with prices cited around 90s to 100s in multiple issues, reflecting broad activity across utilities, railroads, and interstate bonds.
MENTIONED IN THIS ARTICLE
R. I
UN. Pac
T. T
Brooklyn UN, Gasic. & R. I
Wabash Pitts
Atch
Arists
R. O
Y. Lette
I- P
UN. Pac. Ist
B. & Q. Inter. Met
M. S
N. Uni
A. B. Ee
N. Y
N. x City Se
Cece Ae
W. Fe
L. A Uni. Ig
Tes
T. O
U. Pa
Broadway & Sey
St. L
S. F
Eis. F
Pondae Ss— B. R. T
Wabash Eifs
Cent. Lr. Ss
Renee
Wabash
Boies Ceecrecveers Onees
Harness dealer elected secretary of national association
G. M. Scherz, a local retail harness merchant, was elected Secretary of the National Harness Manufacturers' Association at its Kansas City convention. Visitors at the Business Men's Club included F. Knowlton Rochester N Y W Warnick Chicago Dr W Howe Philadelphia J E Dorland Louisville Ky M R Todd Frankfort Ky and the Rev Jesse Leroy Middletown O.
MENTIONED IN THIS ARTICLE
G. M. Scherz
National Harness Manufacturers’ Association
Kansas City
Business Men's Club
F. K. Knowlton
Rochester
W. Warnick
Chicago
Dr. W. & Howe
Philadelphia
J. E. Dorland
Louisville
M. R. Todd
Frankfort
Jesse Leroy
Middletown
London stocks ease as wariness grows before weekend break
European markets show a dull close amid holiday expectations and settlement proximity. British, American, and copper shares trade unevenly with general softness, while consols recover slightly and money rates drift.
Tin and metals market summaries from London and St Louis
London tin edges down about 2s 6d with spot at £132 17s 6d and futures £133 12s 6d. Copper soft in London. local market dull. Lead higher in London. local dull with spot around $4.57 to $4.62. Spelter down 5s in London. St Louis shows lead $4.45 and spelter $4.50.
MENTIONED IN THIS ARTICLE
New York
London
Standard
Cleveland
Northern
Southern
Southern Soft
ST. Louis
Oil price scraps across cities in August market report
Market bulletin lists oil balances shipments and averages for Oil City and Toledo with Lima region prices. Spirits turpentine rosin and crude turpentine rates given for Wilmington and Charleston. Savannah shows turpentine and rosin prices with stock and shipment figures.
MENTIONED IN THIS ARTICLE
Oil City
Toledo
North Lima
South Lima
Indiana
Wilmington
Charleston
Savannah
Market Report Butter Eggs Cheese and Poultry Prices
Kansas City and New York markets show butter firm eggs rising overs etc. Receipts listed include 5 930 cases in New York while Western firsts and seconds for eggs vary. Chicago prices mirror steady butter and eggs with daisies and Young America cheese noted. Poultry markets show alive turkeys chickens and spring chickens with modest changes across regions.
MENTIONED IN THIS ARTICLE
Kansas City
New York
Chicago
Young Americas
Coffee futures open steady with modest gains
New York reports coffee futures opening steady and firm with a modest 5 point advance on scattered demand for covering and long accounts. Trading shows 87,000 bags sold with various months priced from 5.60 to 5.75 cents per pound and spot quiet at No 7 Rio 6% and No 4 Santos 8% to 8 1/2 cents.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos
Cordova
Market quotes for Clover and Alsike seeds posted
Toledo market reports list seed prices with October December and March futures for Clover at 6.72 6.75 6.82 and Alsike cash 8.50 October 8.35 September 8.35 reflecting near term and contract dates for farm buyers.
MENTIONED IN THIS ARTICLE
Toledo
Alsike
C. J. Buddeke & Co
Union Trust
Ohio Incorporations Special Dispatch to Commercial Tribune
Articles of association filed with the Ohio secretary of state include Meech Foundry Company in Cleveland with 10000 dollars and listed founders. Merchey Pipe Threading Machine Company in Toledo with 50000 dollars and Beverly Dispatch Publishing in Beverly with 5000 dollars. Also United Baptist Church in Zanesville and Portsmouth Baseball Company in Ohio State League with 5000 dollars and Van Wert Public Service Company increasing capital from 100000 to 125000 dollars.
MENTIONED IN THIS ARTICLE
Special Dispatch
Commercial Tribune
Columbus
Meech Foundry Company
Cleveland
F. L. Bale
Edw. C.hoffman
James Roth
Joseph Hubal
George Kline
Anton Cerny
Merchey Pipe-Threading Machine Company
Toledo
Beverly Dispatch Publishing Company
Beverly
United Baptist
United Baptist Church, Zanesville. Portsmouth Baseball Company
Alan N. Jordan
Oscar W. Newman
Simon Straus
William R. Sprague
H. E. Frownie
van Wert Public Service Company
van Wert
Presidential Postmasters in Kentucky Granted Five Days Leave
An order from Washington grants all Kentucky Presidential Postmasters five days off to attend the Kentucky Association of Postmasters Convention in Lexington on September 23 and 24. Several Washington officials plan to attend and participate in the program.
MENTIONED IN THIS ARTICLE
Lexington
Washington
Kentucky
Kentucky Association of Postmasters
Market notes dull with little stock movement amid steady bonds
Cincinnati reports bank clearings at 3,243,950 with New York exchange 10c discount. St Louis clearings 8,851,120 and loans 4% to 5%. Chicago clearings 35,569,416 with 20c NY exchange discount. Local market activity sparse, demand for Cincinnati Gas and Electric and United States Printing, with Toledo Railways active in traction issues. Money market dull, call loans near 3% and time loans 4%. Government bond quotes advance modestly amid steady quotations on railroad and industrial stocks.
MENTIONED IN THIS ARTICLE
Cincinnati
New York Exchange
Special Dispatch
Commercial Tribune
ST. Louis
New York
Chicago
Cincinnati Gas and Electric
United States Printing
Toledo Railways and Light
Cincinnati Ponds
Lima
Dayton
Morning Call
Gas and Electric
Toledo Bys. and Light
Bidl. Ask
Panama
Philippine
London
Glasgow
Berlin
Paris
Stock Exchange
National Stock pitch touts big returns and legal $50,000 bet
The speaker claims to have built wealth by buying National Stock at $2 a share, promising sales to $100 and later $130, with $2 investment in Butte & Boston now worth $80. He asserts the System suppresses trading, pledges $50,000 to prove truth, and schedules pamphlets and limited orders through August 19, 1908, in Boston and New York.
MENTIONED IN THIS ARTICLE
Butte & Boston
Standard Oil
Rogers
Rockefeller
Boston
New York
National
National Stock
Lawson
Unlisted Securities and Market Listings Snapshot
A compact readout of unlisted securities and bond listings including Am Nat Bank, City Hall industrials, various pref shares, and traction bonds. Notable entries include First National Cov entry at 175, Norw First at 143, Prov S. & T. 165 with 180, and U S Lith pref at 105.
MENTIONED IN THIS ARTICLE
Am. Nat
Cy le
Ascess
Amer
Am.Oak L.pr
Cosmopolitan
N’l
Bullock
Npt
Fay & E
Colum. Bank Do
Sav. Co
Hoov-0- R. Pr
Norw
St. Ry
Shillito Co
T.W
U. S. Lith
Cotton Market Turmoil Spreads from New Orleans to New York
New Orleans reports show spots down and sales at 365 bales as futures slump on rains and crop fears. New York and Liverpool futures react, with heavy bull liquidation and widespread bearish pressure. Separate notes from Rogers Brown & Co and Matthew Addy & Co describe stronger pig iron demand and improving southern iron markets despite a coal strike.
MENTIONED IN THIS ARTICLE
New Orleans
New York
Liverpool
Pee Oh Ae
Eis Ae
Icsecvcc Ccesescoves
Houston
Gulf
Attempt to wreck train in Indiana city reported
A westbound freight train near LaPorte Indiana struck fishplates spiked on the rails, indicating an effort to wreck the fast mail and express trains five miles east of the city. Railroad detectives work to secure crews.
MENTIONED IN THIS ARTICLE
Laporte
Ind
Lake Shore & Michigan Southern Railroad
Bank of England weekly statement shows mixed shifts
The Bank of England reports reserve up 2,158,000 pounds and circulation down 422,000 along with bullion rise of 1,736,346 and public deposits up 2,944,000. The reserve ratio stands at 52.34 percent. In Paris, the Bank of France notes circulation falls 34,375,000 francs while treasury and general deposits rise, gold and silver increase, and bills discounted drop.
MENTIONED IN THIS ARTICLE
London
Bank of England
Paris
Bank of France
Treasury
Louisville Burley Market Report With Offerings Today
The Louisville market report lists offerings including 178 badged burley and 57 dark varieties, totaling 235 hogsheads with 208 original inspection and 27 reviews. Prices ranged from 7 to 11 dollars for dark tobacco and 10.50 to 19.75 dollars for burley.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Louisville
Burley
Burley Breaks Tobacco Market Recap
Tobacco traders reported a satisfactory market with few rejections. Four warehouses handled Globe Farmers and Shippers Planters Bodmann lots totaling 3 at ten to eleven seventy five, 40 from twelve to fourteen seventy five, 40 from fifteen twenty five to nineteen seventy five, and 10 from twenty to twenty four seventy five, across various brands and grades.
MENTIONED IN THIS ARTICLE
Globe
Bodmann
Indiana plant sale looms as Pope receivers seek approval
The Pope Manufacturing Company receivers seek authority to accept a 190000 dollar offer for the Pope Motor Car Company plant in Indianapolis. A court hearing is set for September 8 to determine if the sale should proceed and a third dividend of 25 percent to creditors is contemplated if approved.
MENTIONED IN THIS ARTICLE
Newark
N. J
Pope Manufacturing Company
Pope Motor Car Company
Indianapolis
Howell
Also Mentioned on This Page
Burlington Road
United Mine Workers
Ticker
C Bank of England
W. E. Hutton & Company
Cotton Seed
Boston Mining
NEW York Mining
Treasury Statement
WOOL
W. Eb, Hutton,& Co
First National Bank
Southern Railway
Amalgamated Copper
Exchange
Metals
Peoria
Ohio
Uncle Sam
P.c
Ask
Ask. Cin
Int
C.N.O
F.P
Xenia
Miami
Cin
Ham
Scloto “Valley
Ry. T
Am. R. Mill
Globe Soap
Jergen Liete
Globe-Wer
Bar.& Smith
Ngpen Ma
Toolepoldt Gl
Hin Sy F
Hous. Stan
Brownell
Hueb
Casey-H
Kroger Tenesecd Ab
lOv. & S. Pr
Nat. A. F. A
Ph. Carey Pf
Ph&fm
Mili
Proc. & Gam
Columbia Gas
Peek
Cuyahoga
U. S. Tel
JW. Powell Pr
Foulds M. M
Wurlitzer
Fleisch
Atlas
Cent. Trust
Merch
F &T
Pees Bs
FB. A
F.A
Ves
Stvienees
J. J
Riech Pea
F. Ic
Aon A
Bar, & Smith
Big Four
AD Bonds C., L. & N
Dayton & M
Day.& Ur
Consol
A. O
Southern v
Southern Ry
M. Ne
Echool Bonds
F. A
Southern Ry. Ter
Ceeeeerees - Wi Water Works
Ceservesesesen Os Water Works
Eeewesseeee . Viaduct
F. Aviaduct
J. D
Gilbert
Thomas W. Lawson
Roberts, Hall & Criss
New York Stock Exchange
Chicago Subway
Dominion Copper
Gold Hill
Otis Elevator
Tonopah
United Re
Daly West Weteree
Davis Daly Ree
Ely Tenes
S. Kuhn & Sons, Bankers
East Third ST
Rogers, Brown & CO
South
Middle West
United States
Canada
Pocahontas
Birmingham
Matthew Addy
Alabama
Indiana City
Louisville Tobacco
Kroger Grocery and Baking Co
Kroger
Claude Ashbrook
Walnut ST
Bond Department
TRE Union Savings Bank
Ardmore
Oklahoma
Weil, Roth & GO
Baldwin
the Baldwin Company
Steinway Piano
Ana Wainot
Globe-Wernicke Company
J. E. Blaine
Pope Manufacturing Works
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