Brokers Push Stock Prices Higher on Strong Market Open
New York trading saw another up bid in stocks with large activity in Reading, Harrimans, Smelting, steel shares and Amalgamated Copper. Bond demand rose as funds loosened, while southern crop losses and flood damage weighed on the week’s outlook.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange Today
Reading
Harrimans
Southern Pacific
Vermont
Standard Oil Company of
Pittsburg
Consolidated Gas
TICKER TALK
American stocks were steady in Lon don. French court jails soldier who tried to blackmail Roosevelt. Texas farmers suggest union to fight New York Cotton Exchange. Anti Roosevelt syndicate offers 2 000 000 for New York Tribune. Samuel Gompers will try to defeat Cannon for re election. Anti stock gambling legislation expected at Albany. Eighteen roads for third week in August show average gross decrease of 12 17 per cent. At the Metal Exchange all grades of copper were advanced 1 per cent in both bid and asked prices.
MENTIONED IN THIS ARTICLE
Texas
New York Cotton Exchange
Metal Exchange
Market Briefs Show Strong Start With New Highs
Brokers report a strong opening and rising activity with new high prices. Profit-taking trimmed gains on some bulges while the close remained firm. Union and Southern Pacific led advances amid short covering buying, as analysts note cautious pullbacks and continued favorable outlook with leadership inspiring confidence.
MENTIONED IN THIS ARTICLE
H. M. Beazell
Union
Southern Pacific
Page & Hill
Dry goods market steadies with varied demand in New York
The New York dry goods market closed steady with fair jobbing trade for early delivery. Gray cotton goods orders are rising, weaving yarns are cheaper and in slow demand, while the woolen and worsted trade remains generally slow.
MENTIONED IN THIS ARTICLE
New York
New York Bond Sales Railroad and Utility Issues
A detailed bond sale listing shows numerous municipal and corporate issues with prices, yields, and amounts. Notable entries include Atchison ev 4s, Missouri Pacific 4s, Reading 4s, Union Pacific and Southern Railway notes, and various Georgia New York City and Mexican Cen con 4s, reflecting diverse offerings and bid levels.
MENTIONED IN THIS ARTICLE
Atchison Ev
Missouri Pac
R. R
Bke
N. TZ
City
WOO
Cc. & RT
Rite Eas
Ee Goy
Div
Siss
K. Ty
K. T
K. C
Atchison Adj
Cen
R. & Brig
Georgia
B.or
Er Pou
B. R.T
Brook
Nterboro
Apanese
New Erie
Erie cv
NX. Uni. Reflex. Cen
Foreign markets show volatility with mixed bond and stock activity
The market report notes firm tones in some bonds and Mexican rails and Japanese bonds remaining strong while American securities gain on Wall Street rumors. Prices fluctuated, with best levels not held and copper and rail shares closing lower or mixed as Paris and Berlin bourses open firm or soft.
MENTIONED IN THIS ARTICLE
Wall Street
Southern Pacific
Harriman
New York
Anaconda
Atchison
Baltimore & Ohio
Canadian Pacific
Chesapeake & Ohio
Chicago Great Western
Chicago
Milwaukee & St. Paul
de Beers
Denver & Rio Grande
Erie
Grand Trunk
Illinois
Central
Louisville & Nashville
Missouri
Kansas & Texas
Norfolk & Western
Ontario & Western
Pennsylvania
Rand Mines
Reading
Southern Railway
Union Pacific
United States Steel
Wabash
Amalgamated Copper
Paris
Exchange
London
Berlin
Kresuourchs
Perolur CO
Banking House
Lot
Ing House
Eeenteese
Ss Meee Seteertaas Ey Eens
National Bank
Ans
United States
States
United Dora Sonic
Treasury
Oil and turpentine prices and receipts from multiple cities
The report lists oil prices for North Lima at 1.04 and South Lima Indiana at 0.99, credit balances at Oil City 1.78, and regional oil and shipments data. It notes turpentine and rosin movements in Savannah Charleston and Wilmington with prices, receipts, and stocks across the period ending August 28.
MENTIONED IN THIS ARTICLE
Toledo
North
Lima
Indiana
Oil City
Savannah
Charleston
Money Rates and Bonds Across New York and Boston Markets
New York money on call at 1 percent with the ruling rate 1 percent and short term loans easing. Sterling exchange steady with bankers’ bills around 484.30 to 484.35 for sixty day bills and 485.90 for demand. Boston reports call loans 2 to 8 percent and time loans 3 to 4 1/2 percent with diverse bond and stock quotes across railroads and utilities.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Sterling Exchange Firm
Boston
Atchison
Mexican Central
Boston & Albany
Boston & Maine
Fitchburg
N. Y
Union Pacific
American Arge. Chemical
American Pneumatic Tube
American Sugar
American Telephone and Telegraph
American Woolen
Dominion Iron and Steel
Edison Illuminating
United States Steel
London
Glasgow
Berlin
Creccenw
Paris
reich_ MBER
Reich- Press
Ask
Aks
de Sas
Stock Exchange
Metals Markets Mixed Across London and New York
Metal prices moved differently by market as of Aug 28. London copper rose with spot £61 and futures £61 13s 9d while lead slipped in London to £13 5s. St Louis noted lead at $4.47 and spelter at $4.55. Iron held firm in global quotes, with local market steady to unchanged.
MENTIONED IN THIS ARTICLE
Atchison - Prerds
Atlantic Coast
Chicago
Colorado Southern
Delaware & Udson
Great Northern
Me L
Missouri Pacific
New York Central
Norfolk & Western
Northern Pacific
Ontario & Western
Pennsylvania
Rock Island
Oan
St L. &8
St. Paul
Car & Fdy
Col. F. & Iron
General Electric
North Amert
People’s Gas
Pacific Mail
Republic Stee
Union
United States Steel
Aves Tececbaee
New York
London
Lake
Standard Foundry
Cleveland
Northern
Southern
ST. Louis
Wool Market Report from Boston and St Louis August Update
The Commercial Bulletin notes a quiet wool market with rising transaction volume and steady to firm domestic grades. Boston shipments through August 27 totaled 113,061,713 lbs while receipts reached 184,692,073 lbs. both down sharply from last year. In St Louis wool markets remain quiet with mid grades at 14 to 20 cents, light fine 16 to 16.5 cents, heavy fine 11 to 12 cents, and tub-washed 20 to 27 cents.
MENTIONED IN THIS ARTICLE
Boston
Commercial Bulletin
ST. Louis
Coffee Futures Open Higher Amid Light New York Trade
The New York coffee market opened steady to 10 points up on August with little prompt selling. Day trading was quiet, later months eased, and the close held 10 points above on August while September stood unchanged. Sales totaled 4,750 bags with August at 5.65c and September at 5.60c. Rio No 7 6e, Santos No 48%4c, mild coffee dull with Cordova at 9% and 2e.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos
Cordova
Toledo Market Notes on Clover and Alsike Seed Prices
At Toledo on August 28 Clover seed quoted for October at 6.10, December 6.12 and a half, March 6.15 with No 2 5.95 and No 3 5.72, rejected 5.45. Alsike prime priced at 6.75.
MENTIONED IN THIS ARTICLE
Toledo
Securities Market Remains Quiet In Dull Trading
In Cincinnati and across cities traders report a unchanged market with few offerings and listless bids. Cincinnati Gas and Electric shows declines while New York curb and municipal bonds see light activity. money rates hold, with call loans around 3 percent and time loans near 4 percent.
MENTIONED IN THIS ARTICLE
New York Exchange
Cincinnati
Philip Carey
Markets in Cincinnati August 28 1908
Wheat and rye show firm tones with steady demand and prices. Flour hay and whisky sectors list varied grades with steady to firm quotations. receipts and shipments reflect mixed activity across futures and intraday markets.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Northern
Treasury balances report cash and gold reserves
Treasury balances released from Washington show available cash of 189,866,390 dollars, gold coin and bullion at 34,542,566 dollars, and gold certificates totaling 31,540,640 dollars in the general fund excluding the 150 million dollar gold reserve.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Also Mentioned on This Page
Canada
Thisme
George Eustis &Co
Mercantile Library
Ticker
Roosevelt
Anti-Roosevelt Syndicate
New York Tribune
Samuel Gompers
Cannon
Albany
Roberts, Hall & Criss
W. E. Hutton & Co
First National Bank
W. U
Evens
K. Ag oBts & M. A
Latchison
En. Ist Inc
Vws
Sty
E— OG
REI Worth
Forthern Pac
Eh Wren
S. W. Ist
Southern R. R. Js
Union Pac
Teetee NS
Fewre SP
Interboro
Etfia
Rapgepes
New York Stock Exchange
Nate Ewer
British Columbia
Butte Coalition
Colonial
Dominion Copper
Havana Tobacco
Tonopah
United Copper
A._P
Wilmington
WOOL
Dull Market
Cincinnati Gas and Electric
Special Dispatch
Commercial Tribune
Clearings
Lances
Cin
Gas and Electric
Edison Electric
Panama
Philippine
T.P
Sado Drehreie
Ohio Traction
Scioto Valley
Osad, Col. & Xenia
Little
Miami
Ham
St. Ry
C.N
C.l.&t
Colum, Ry
Col. R.aio - Det
An. Ry
Industrll
Am. R. Mill
Globe
Jergens
Aero
Hous
Brownell
Casey H
Ch. C
Kroger
Nat. A. F. A. Cin
Ph. Carey Pr
Ph&fm Roots
Mill
Proce
W. Powell
Foulds M
Wurlitzer
M. Fleisch
Atlas
Ger
Merch
Phoma Ohio
Miami & Ger
Dayton
Mos
C.R
F.W. Ae
N. & Dist
Fruits and Vegetables
Louisville
Eatagree
Messina
Palermo
Valencia
Ohio
Sate Mess
California
Timothy
Seth Barry
Gage Less
Turkey
Tanaka
al Iy
Cincinnati Bonds
Consol
J. J
A. O
F. A
M. N
Southern Ry
Southern Ry. Ter
Hunt St. W
Mson Street
Big Miami Bridge
Ee Ewneee
Covington
Ins Sbenteveseseesesel
Do Redein Fonis
Bar, & Smith
Ham. Gas
Fay &Egan
Columbia Gas
Pa. Bridges
Col.Gas
Edison
Ecceecreees N. O
Japan
Enee
Ichigan
Akron Crescent
Butte Creamery
Longhorn
Michigan
New
Poul Springers
Oak L.pr
Bellock
Fay & E.com
Hoov-O-R
Niles B
Cincinaat
Millfeed
THE
Cincinnati Trust CO
Geo. B. Cox
Cincinnati Trust Company
State of
Hamilton
Sb. A. Ireton
Hamilton County
Cincinti
Mantént
Banal
IAA
Naean
George Schmidt
Chester W. Merri
JAS
C. Ernst
T. S. Hamilton
Prest
GEO
E. Engel
H. P. Colville
Asst
Auilas National Bank
Walnut Street
the Foreign Department
Kansas City
Springs
Louisville Tobacco
Treasury Statement
Baldwin
the Baldwin Company
City OF Alliance
S. Kuhn & Sons
East Third Street
Kroger Grocery and Baking Co
Claude Ashbrook
Walnut ST
Bond Department
the Union Savings Bank
Southern Ohio Savings Bank
Main ST
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