Stocks Advance in Price Under Covering Movement
New York August 29. Short covering pushes stocks higher as buying returns to the market. Southern Pacific makes a new high, Union Pacific above its prior peak, and Harriman interests lift other leading issues. Reading reports a net loss, while Canadian Pacific posts July deficit. Banks show mixed results with slight cash gains and modest loan growth. London buys into U.S. securities. total bond sales reach 2.1 million.
MENTIONED IN THIS ARTICLE
New York
Shorts
Southern Pacific Common
Union Pacific
Harrimans
Reading
Harriman-Gould
Reading Company
Coal Company
Canadian Pacific
Financial Chronicle
London
George Eustis & Co
Mercantile Library
Atlantic
Seeeenene
Ific
Chicago
Lana & Hudson
Pata
Great Northern
Missouri Pacific
Mirai
Iit
Norfolk & & Western
Northern Pacific
Ontario & Western
Pennsylvania
Rockdaland
Southern R
Southern Pacific R. Ween
St. Paul
Texas Pacific
Wabash
Wis
Nantes
Lotomotive Bodies
Eves
Anaconda Wien Oateuve Estes
Col F. and. I A Etereee
Osese Lead
Anassy Bex
People’s Gas
Pr. Steel Care
Republic Steel
Rae
Wees Ry
Union Pacific stockholders meet to ratify bond issue
Special Union Pacific stockholders meeting October 13 to ratify recent 50,000,000 bond issue. Ex-Congressman Littlefield of Maine appointed for A O Brown & Co. preliminary bank statement shows a gain of about 6,000,000.
MENTIONED IN THIS ARTICLE
Union Pacific Stockholders Meeting
Littlefield
Maine
Messrs
A. O. Brown & Co
C O
Market outlook strengthens as steel leads advance
Traders renewed short positions briefly but covered quickly, lifting prices. Steel preferred hit a year high on hopeful steel center reports and optimism for industry and transport. High grade bonds stay in demand as buyers keep money flowing. Analysts warn of possible natural setbacks but foresee sustained firm conditions unless crop or political scares arise.
MENTIONED IN THIS ARTICLE
Roberts, Hall & Criss
Boston Mining Market Report Summary
Boston August mining prices list numerous stocks with varied figures. Key names include Calumet and Hecla Union Copper Amalgamated and Old Dominion, alongside Michigan Isbel Victoria and Nevada. Percentages shown reflect price quotes or changes in the market report.
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
Osceola
Parrot
Quincy
Shannon
Tamarack
Trinity
United Copper
United States Mining
United States Oil
Utah
Victoria
Winona
Wolverine
North Butte
Butte Coalition
Nevada
Arizona
Commercial
Greene Cananea
Coffee futures open steady amid mixed selling and support
New York August 29 The coffee futures market opened steady to down five points on scattered liquidation while local bulls backed near months and European shorts covered. Prices closed steady Esher points higher to five lower with September around 5.55 to 5.60 cents, October 5.55, December 5.45 to 5.50, and May 5.55 cents. Spot prices were Rio No 7 6 Santos No 4 8 mild coffee dull.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos No
Cordova
Aus
Mars
Wall Street
New Orleans
Houston
Manchester Cloth Market Sees Decline Amid Cotton Dip
August 29 Manchester report shows restricted cloth trade as cotton falls. India buys small shirtings at lower rates. China and South American buyers stay thin. Yarns drop 4d but demand remains tepid. Holiday spindle stoppage may ease pressure while stocks pile up.
MENTIONED IN THIS ARTICLE
Manchester
India
China
Money Markets and Bond Quotes Across New York and Boston
New York reports money on call nominal with no loans. Time loans 1 to 4 percent, six months 3 to 4 percent. sterling exchange steady. Government bonds steady, railroad bonds uneven. Boston notes call loans 1.5 to 4 percent. various bonds and stocks quoted, including Atchison 4s around 91 to 92 and United States Steel at 47 percent amid broad market activity.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Sterling Exchange
Boston
Atchison
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
N. Y
United Shoe Machine
United States Steel
New York Exchange
Clearing House banks show surplus over reserve rule in New York
The Clearing House weekly statement indicates banks hold 65 358 975 more than required under the 25 percent reserve rule, up 2 201 000 from last week. Details include loans 1 289 795 600 deposits 1 394 617 300 circulation 54 685 200 legal tenders 79 871 300 specie 334 142 000 and a surplus reserve of 65 357 975. Nonmember Greater New York banks report 1 034 606 500 in deposits and 933 862 100 in loans with 103 728 600 cash on hand.
MENTIONED IN THIS ARTICLE
New York
United States
Clearing House
Greater New York
Dairy and Poultry Price Movements In Major Markets
Butter and cheese prices hold steady across New York Chicago and Kansas City with varied receipts. Eggs show firmness in Kansas City and New York while poultry prices move slightly, with live birds mixed and dressed hens firm in New York reports.
MENTIONED IN THIS ARTICLE
Kansas City
Chicago
Americas
Springs
New York
Wool Prices Hold Steady In St Louis Market
Wool values remained steady in St Louis trading with medium combing and clothing wools quoted at 19 to 20 cents per pound. Light fine wool sits at 16 to 16 and one half cents, heavy fine 11 to 12 cents, tub washed 27 cents.
MENTIONED IN THIS ARTICLE
ST. Louis
Cotton seed oil price report New Orleans Aug 29
Cotton seed oil market in New Orleans reports prime grade at 34 cents per pound as of August 29.
MENTIONED IN THIS ARTICLE
New Orleans
New York Bond Sales Overview
A brief on bond transactions by W. E. Hutton and Co. and First National Bank detailing issues from T. V. & T. to Neb., K. B. & Q, and Pacific references. Includes reference numbers, pricing, and volumes. notes 510,600 and 98% ext 4s details for investors.
MENTIONED IN THIS ARTICLE
W. EB. Hutton & Co
First National Bank
Foreign Bourses End Mixed On Unsteady Wall Street Reactions
International markets opened firm then cooled as American securities showed irregularity after Wall Street declines. Commodities and rails moved with losses in low priced issues, while gains appeared in some grand trunk revenue items. Berlin and Paris exchange rates were steadier with discount rates noted for short and three month bills.
MENTIONED IN THIS ARTICLE
Stock Exchange
Wall Street
Atchison
Grana Trunk
Ilinois Central
Louisville & Nashville
Missouri, Kansas & Texas
New York Central
Norfolk & Western
Ontario & Western
Pennsylvania
Randy Mines
Reading
Southern Railway
Southern Pacific
Union Pacific
United States Steel
Wabash
Amalgamated Copper
Berlin
London
Paris
NY Banks Report Moderate Loan Growth and Gold Outflow
The Associated Banks of New York City show loans up by 8.97 million and deposits by 7.14 million for the week ending August 29. A 6.43 million drop in specie partly offset by 4.86 million in legal tenders leaves a 1.57 million cash loss. surplus falls to 6.74 million. Gold shipments to Canada and Europe push imports as money piles up in New York with no sign of rising rates soon.
MENTIONED IN THIS ARTICLE
New York
Associated Banks
New York City
Canada
Dominion
London
Europe
Stock Market Rises Through Week On Kaffirs and Gilt Edged Buying
London trading turned firmer as the Stock Exchange recovered from earlier despondency. Kaffirs led gains with strong support from major houses, continental and local buyers, aided by cheaper mine working costs. gilt edged securities rose on cheap money, with broad gains of 1 to 6 percent by week end. Southern Pacific and Union Pacific reflected the improvement most.
MENTIONED IN THIS ARTICLE
London
The
Stock Exchange
Kaffirs
Berlin
Paris
New York
Wall Street
Continent
Southern Pacific
Union Pacific
Dry goods market shows quiet day in New York
The dry goods market was quiet for the day in New York. Trade in print cloths and convertibles remains better, with jobbers moving out seasonable cottons modestly. Dress goods stay slow in first hands while stocks are being reduced. Linens see better demand, burlaps quiet with easier prices.
MENTIONED IN THIS ARTICLE
New York
Cotton Market Mixed in New Orleans and New York Trading
Spot cotton held steady to firm as buyers returned before the bureau report, with Gulf prices modestly higher and futures showing gains early followed by pressure from favorable weather notes. New Orleans saw steady closes in late session while New York opened higher on August but turned unsettled as selling by certain brokers emerged amid thin support.
MENTIONED IN THIS ARTICLE
New Orleans
Beft
Market reports show dull trading and steady prices
Bank clearings across Cincinnati Chicago and St Louis hover around three to seven million with scarce bond activity. Traders anticipate improved conditions as dividends are disbursed later in the week while gains in Telephone shares top yearly quotes.
Unsettled Markets As Floods Hit Cotton Regions
Global markets show irregular moves in August amid a stock exchange inquiry into a major failure. Southern Pacific shares surge while rail and industrial stocks drift. Georgia Carolinas floods devastate cotton and industrial properties, triggering concern over business conditions. Gold shipments to Canada exceed 3 million dollars as London obligations are discharged.
MENTIONED IN THIS ARTICLE
Commission House
Stock Exchange
Georgia
Carolinas
Canada
London
Tobacco Market Movements Steady On Kentucky Reports
Hopkinsville reports minor strength in tobacco trading last week with Planters Protective Association and American Society of Equity noting steady prices up to their schedules. The 1907 crop proceeds, with 30 000 bids remaining, and new crop being cut, may lift sales as the executive committee aims to hold new crop until the 1907 crop is sold. The Society of Equity logged sales of 20 hhd as strong progress, while associations tallied 40 birds with pending sales. Auditor’s report shows weekly and yearly totals across multiple towns, including Paducah Springfield Mayfield Clarksville Princeton Cadiz Russellville Murray Guthrie Hopkinsville.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Hopkinsville
Planters’ Protective Association
American Society of Equity
Society of Equity
Association
The
Paducah
Springfield
Tenn
Mayfield
Clarksville
Terh
Princeton
Cadiz
Russellville
Murray
Guthrie
Cigar Leaf Market Holds Strong With Broad Absorption
Market for cigar leaf tobacco remains strong as all offerings sell at outside prices. Saturday sales totaled 90 cases across Seed Spanish and Connecticut categories with prices from 2 to 17 dollars per 100 pounds. Seed includes 69 cases across varied tiers up to 13 dollars, Spanish shows mainly 6 to 7.60, and Connecticut includes a top sale at 17 dollars.
MENTIONED IN THIS ARTICLE
Connecticut
Seed prices for Clover and Alsike reported in Toledo markets
The Toledo market notes seed prices on August 29 show Clover cash at 6.12 for October 6.17 December 6.2214 March 6.32 No. 2 5.95 No. 8 5.75 and 355 bush rejected. Alsike prime at 8.90.
MENTIONED IN THIS ARTICLE
Toledo
Bush
Alsike
Financial bond listings from Dayton area and others
Bond prices and yields across railroads banks and utilities include Big Four 4s at 96, Northern Ohio at 95, Columbus Bank and Savings 4s at 310, Norwest First at 143, Miami and Ger 5s at 100, and Dayton & M lines at 58 with related notes and offers across regional issuers.
MENTIONED IN THIS ARTICLE
Big Four
Agness
Tenes
N’l.Not
Colum. Bank
Sav. Co
Ee Norw, First
Os Nor. Pere
C.B
Southern Ohio
Bga&s
Miami & Ger
Markets in Cincinnati Daily Brief August 29 1908
Wheat and oats held firm amid light receipts and steady demand. Corn, rye, flour, and hay showed quiet but steady activity with prices near late- week quotations. Whisky futures remained firm with middling coarse and fine grades trading at quoted ranges. Grain inspections recorded multiple car lots across wheat corn oats rye and hay with varied grades and lots.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Northern
Produce prices and metal market notices
The record lists assorted fruit and vegetable prices by type and origin such as Indiana cantaloupes and Georgia peaches, with onions, potatoes, and onions priced per unit. Separate notes report early market quotes from St Louis and New York on August 29 for lead, tin, copper, and iron, with slight fluctuations.
MENTIONED IN THIS ARTICLE
Indiana
Louisville
Messina
Palermo
Valencia
Ohio
Georgia
Phars—Bartlett
New York
ST. Louis
Lake
Also Mentioned on This Page
Harriman
Ticker
H. M. Beazell
Page & Hill
W. E. Hutton & Co
Boston Mining
Peoria
American Tobacco
British Pr Columbia
Chica Subway
Iy Tobacco
Otis Elevator
Davis Daly
Associated Banks Statement
London Stock Exchange
St, Louis
Gas & Helec
Gas & Elec
Street Ry
Lishares Cin. & Sub
Liberty St
T.p.ry
Gsnts
Carthage
Bio. Ask
Panama
Philippines
Cocnccecee
Rence hSt
Eeeseeewnes
Glasgow
Ory
N.O
Rptn
Col. & Xenia
Cccos
Little Siamis
Ham
Bt. Ry
Aily Ohio Traction
Colum
Rye
Boldt
Brownell
Columbia Gas
Cuyshoxa
G.& HB
Foulds
A. O
F. A
Ona
M. N
Penn
SF Southern Ry
Water Works
Viadu
Gilbert W
Hunt St
Hamilton County
Elizabethtown Bridge
Benson
Covington
N. Edigson
Rene
Globe Soap
Aeoll
Hous
Stan
Kroger
Ph. Carey Pr
Proce
Gam
Rob'n Realty
Steptoe-Sh
Wurlitzer
W. Powell
Merch
Otoge
Hopkinsville Tobacco
Dayton & M
Day
Ky. Cent
Miami
City of
Nas Vane KY. Jas
C. Ernst
Hamilton
Prest
GEO
E. Engel
J. P. Colville
Asst
D.s.mts
Fruits and Vegetables
Bushel
Mapae
Timothy
Ieresi Oy
Ans Ee Okty
Young Hyson
Ginghams
Loretta Amoskeag
Florence Lancaster
Brighton Cheviots— Eiverett
Imperial Monster Coscseoeuias
Namelea
Santos
Java
Japan
Ieee Weer
Akron Crescent
Cleveland Diamond
Limburger
Mesa
Exane Rough and Com
Baee
Aes P
Sereseseeeh
California
Utica
Fitchville
Aeenee
Pepperell
Beaumont Ween Denims
York DC
Alabama
Geneva
Simpson Fancy
Columbia
Boone
Metals
Bond Department
the Union Savings Bank
Southern Ohio Savings Bank
Main ST
Baldwin
the Baldwin Company
Steinway
Wee Tnion Trvat Bullatng