New York Stocks Rally as Bank Credits Hold Tight
Traders noted broad stock strength driven by expectations of ample bank credits during year-end settlements. The weekly bank statement showed banks easing loans while expanding overall credit, with Canadian banks boosting call loans in New York. Copper prices rose on the Metal Exchange, and Atchison's November earnings bolstered faith in forthcoming reports.
MENTIONED IN THIS ARTICLE
York
Stock Exchange
New York
New York City
Newark
Chicago
Rock Island & Pacific
Atchison
New York Metal Exchange
Sterling Exchange
Paris
London Exchange
London
H. W. Poor &Co
United States
Market gains noted as brokers cite merger impact
Brokers say todays session was strong with liquidation from a week ago clearing and broad activity. H M Beazell reports market close strong and active near highs. Hutton Co notes merger of a minor railway with trunk lines could reduce competition and strengthen the railroad sector.
MENTIONED IN THIS ARTICLE
H. M. Beazell
Hutton & Co
Cotton seed refined in barrels per pound in New Orleans
New Orleans on December 28 reports cotton seed refined at 56.10 cents per pound per barrel. Prices noted in the market roundup with brief commodity figures from local trade.
MENTIONED IN THIS ARTICLE
New Orleans
London metals market slips with mixed copper and tin cues
The London tin market closed lower week on week with spot £132 5s and futures £194, while copper eased in London though local copper stayed firm with spot around 14.25 to 14.50. Lead held near £13 in London and about $4.12 to $4.15 locally, Spelter rose in London to £20 17 64 with dull local activity, iron steady, and foundry prices listed for No.1 Northern and Southern varieties. Lead and Spelter prices also shown for St Louis on December 28.
MENTIONED IN THIS ARTICLE
New York
London
Cleveland
Southern
Southern Soft
ST. Louis
Speiter
Visible grain supplies in U S and Canada
New York December 28 The visible grain supply in the United States for Saturday December 26 shows Wheat 61 676 000 bushels down 385 000 Corn 6 994 000 up 424 000 Oats 10 248 000 up 694 000 Rye 1 080 600 up 7 000 Barley 5 396 000 up 113 000 and Manitoba 113 000 bushels Change totals indicate mixed movements while Canada reports 5 705 000 bushels up 569 000 for the same date.
MENTIONED IN THIS ARTICLE
New York
United States
New York Produce Exchange
Ivahans
Canada
Dry goods market shows steady trade in year-end sales
The dry goods market in New York was fairly active in jobbing houses with clearance sales under way. Many small buyers from nearby cities attended, and overall trade remained steady though quiet as year end approached. Dress goods for spring delivery are in better demand.
MENTIONED IN THIS ARTICLE
New York
New York Bond Sales Report Firehose of Ticker Notes
A compact wire listing bonds and yields from New York markets. Entries include various issuers such as Northeastern and Western, New York Gas, Pacific, and Wabash, with prices and percent figures showing trading activity and values. The fragmentary data reflect a busy bond desk with multiple 4s, 5s, and other issue classes.
Chamber president to depart for European trip
Thomas P. gin president of the Chamber of Commerce with wife and daughter leaves Cincinnati January 3 for a four month Europe trip. He sails January 6 from New York on the Amerika to Cherbourg visiting major European cities during his absence. The Columbia Bank and Savings Company declares a regular 3 percent and an extra 3 percent dividend payable January 16 for stock on hand December 28 1908. Capital is 100000 with a 206000 surplus. Rolf Curtis Burkett Budd and William A. Ross apply for Chamber membership, bringing pending applications to eighteen the most in years. Walnut Hills Business Club members announce New Year’s Day refreshments and a remodeled clubhouse.
MENTIONED IN THIS ARTICLE
Thomas P.gin
The
Chamber of Commerce
Cincinnati
Europe
New York
Amerika
Cherbourg
Columbia Bank and Savings Company
Rolf Curtis
Burkett C. Budd
William A. Ross
Exchange
Walnut Hills Business Club
Cincinnati, Newport & Covington Light and Traction Company
G. M. ‘Abbott
Visitors on Change yesterday list several names
W L Nigh of Cleveland Ohio H T Walborn of Middle Point Ohio J Walrymple of Rising Sun Indiana T P Williams of Louisville Kentucky and H G McClurg of Auburn Indiana were recorded as visitors yesterday.
MENTIONED IN THIS ARTICLE
W. L. Nigh
Cleveland
Middle- Point
J. “Walrymple
Rising Sun
Ind
T. P. Williams
Louisville
H. G. “McClurg
Auburn
Bowell Reports Southern Traction Business Promise
T. C. Bowell, vice president of the Queen & Crescent, returned from New Orleans and said Southern traction business is rather late to start but shows great promise.
MENTIONED IN THIS ARTICLE
T. C. Bowell
The
Queen & Crescent
New Orleans
Southern Traction
Merger of Texas Ranches Reported
Denver dispatches say private signals indicate a merger of Texas ranches in the Colorado & Southern territory forming a group of about 7,000,000 acres valued at $75,000,000. James J. Hill is named as the principal backer behind the move.
MENTIONED IN THIS ARTICLE
Denver
Col
Texas
Colorado & Southern Is
James J. Hill
Colorado &Southern
World Money Markets End Year Firm on Settlement Demand
London and Paris markets show strong demand for year end settlement with discounts firm and gold moves in Paris. American shares improve in forenoon trading while global bourses lean firmer on December 28.
Financial Market Roundup from New York and Boston
New York money on call 2 to 3 percent with ruling rate 3 percent and bids offered at 3 percent. Time loans ease to around 3.25 to 3.50 percent. Mercantile paper 4 percent. Sterling exchange firm with bills at 484.90 483.10 for 60 day and 486.95 for demand. In Boston, money markets show call loans around 4 percent and time loans 4 to 5 percent. Bonds and railroad issues mixed with Atchison 4s around 92 100 and equities including American Sugar and U S Steel.
MENTIONED IN THIS ARTICLE
London
Paris
Stock Exchange
New York
Weh
Anaconda
Atchison
Baltimore & Ohio
Canadian Pacific
Chesapeake & Ohio
Rand Mines
Reading
Southern Railway
Southern Pacific
Union Pacific
United States Steel
Wabash
Amalgamated Copper
Berlin
Russia
M. Isnolsky
Mercantile Paper
Sterling Exchange
Boston
Atchis
Boston el
Fitchburg
N. Y
Chemical
American
American Telephone and Telegraph
American Woolen
Edison Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machine
Butter and eggs market reports from New York and several states
Butter firm in New York with receipts over 4 thousand packages and varied creamery prices. Eggs steady with high, fair, and fancy categories across markets in New York, Chicago and Elgin. Poultry dressed firm in western markets and alive birds steady in Illinois and Kansas City reports.
MENTIONED IN THIS ARTICLE
New York
Western Factory
Pennsylvania
Chicago
Halé Young Americas
Springs
Elgin
Ill
Kansas City
Oil and Turpentine Prices Across Several Markets
Wilmington reports turpentine steady at 37c with receipts. rosin at 2.70. tar firm at 1.0. crude turpentine steady 1.75 to 2.75 with receipts. Toledo notes oil at 1.04 for North Lima. Oil City shows balances at 1.78 with large runs and shipments. Savannah records firm turpentine at 38c, rosin prices varying with multiple sales and stock figures. Charleston lists rosin prices by grade with several cents adjustments and warehouse figures.
MENTIONED IN THIS ARTICLE
Wilmington
N. C
Toledo
North Lima
South Lima
Indiana
City
Savannah
Charleston
Corne Auc
Rosin
Bank of Germany report shows cash balance changes
A weekly statement from the Imperial Bank of Germany details cash on hand and treasury accounts. It notes a decrease in cash and an increase in certain treasury figures, with several line items showing revised balances.
MENTIONED IN THIS ARTICLE
Berlin
Dac
Imperial Bank of Germany
Cincinnati Gas and Traction Shares Lead Local Trading
On the Cincinnati stock exchange the day featured a strong showing for Cincinnati, Covington and Newport Light and Traction shares. Demand for common stock rose, some pieces trading up to 61 1 2, while preferreds mostly moved around 89. Bonds were steady with sporadic sales. New York exchange was near par. Deposits stayed heavy as time loans held at 4 percent and call loans at 6 percent.
MENTIONED IN THIS ARTICLE
Cincinnati
Covington
Newport Light and Traction
Local Stock Exchange
New York Exchange
Cotton market steady as prices hold amid world supply shifts
New York and Liverpool reports show futures steady and gains small after steady cables. Weekly U S receipts total about 350000 bales with New Orleans and Houston showing mixed changes. World visible supply rises to 8.21 million bales led by American totals at 4.41 million bales.
MENTIONED IN THIS ARTICLE
Liverpool
Giza
New YO
New Orleans
Houston
Gulf
Hester
Receipts and Markets in Cincinnati Stock Report 1908
Receipts and shipments for forty eight hours compare with the prior week across cattle hogs sheep and calves in Cincinnati Pittsburgh East Buffalo St Louis and Chicago. Prices for steers cows bulls and calves vary by market with active hogs and higher lambs noted in several districts.
MENTIONED IN THIS ARTICLE
Commercial
Tribune
Pittsburg
Dispatch
Commercial Tribune
East Buffalo
ST. Louis
Muttens
Chicago
New York
Reeves
Markets in Cincinnati Report Grain and Whisky Prices
The Cincinnati market column shows firm wheat on light receipts, active corn at easier prices, steady oats, quiet rye, and unchanged flour. Whisky prices firm with 1,699 barrels noted. Multiple grain futures and cash sales listed, including No. 2 red wheat at 1.07 1.08 and various corn and oats bids and receipts across ships and cars.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapoli
Northern
Prices for Fruits Vegetables and Groceries Headline
A vintage price list shows apples per barrel at 4.50, bananas 1.75 to 2.25 per bunch with second at 1, beets and carrots 1.75 to 2 per barrel, celery 70 cents per bunch, cucumbers 1.75 per dot, cabbage 2.50 per barrel, cranberries 3.50 to 4 per box, lemons three fifty California or two fifty Arizona per box, oranges Florida russets 2.25 to 2.50 per box, onions white 1 per bit, potatoes 2.50 to 3 per barrel, pumpkins 1 per barrel, string beans 2 to 2.50 per hamper, squash 1.26 to 1.50 per barrel, turnips 1.25 to 1.50 per barrel along with oils and other staples in varied units.
MENTIONED IN THIS ARTICLE
California
Arizona
Florida
Maryland Road Buys Cars for Western Maryland Railroad
Baltimore Dec 28 Receiver of the Western Maryland railroad authorized by the United Circuit Court to purchase equipment for the line amounting to 636845 Five hundred hopper cars and 12 locomotives are to be added to the rolling stock In all the Western Maryland plans to spend about saeebee for equipment
MENTIONED IN THIS ARTICLE
Baltimore
Western Maryland Railroad
United Circuit Court
Western
Also Mentioned on This Page
New ‘York
George Eustis
Mercantile Library
Ailente
Coant
Tee B
Eerie Va
C. Aa
Chicago & A
Tae Southern
Sane
Hingis Central
Ata
Manhattan
Missouri Pacific
New York Central
Norfolk & Western
Northern Pacific
Ontario &, Western
Texico Pacific Vawedae
Wisconsin
General Electric
Ose
Eee
Seaee
Western Union
Roberts, Hall & Criss
York Stock
Ask
American Tobacco
Boréen
British Columbia Copper
Butte Coalition
Cri
Subway
Dominion Copper
Gold Hill
A. Seawee
Havana Tobacco Com
Il Do Pref
Otis Elevator Ccom
Esse
C.seewasreee Royal Baking Powder
United Copper Com
Daly
North Butte
Leone
Utah
Cumberland-Ely
Weeee Nipissting Mines Co
Metals
W. E. Hutton & Co
First National Bank Building
N.Y. A
Biretek
Nort
West
Wab
P. T
Texas Ranches
aoTi
Commerccial Tribune
Sovacate
Special Dispatch
Louis
Columbus Gas
Meshares C
N. & C. Press
C. Ni
Consecoccenoen
Procter & Gamble
C. Nu & Qisceiee Teccceme
Columbus
Wyoming
Panama
Glasgow
Belfast
Carte Coke Shell
Reich- Malik
Cetkes Ciesses
Reich- Dore
Swean
Dies Olam
Ask. Cin. Int. Ry
Mae
Col. & Xenia
Little Miami
St. Ry
Ohio Traction
C.N
C. L&t
Caan Ry
R. Mill
Ergens
R Smith
Boldt Gl
B’y & Newpt
Casey H. Pr
C. Ctfs
G. & E. Ph&fm Roots
Columbia Gas
Ee Realty
Steptoe
Cuyahoga
G&eb
W. Powell
Foulds M. M. Wurlitzer
Fleisch’n
Hous
Hueb
Cincinnati Bonds
Consol
J. Hare
Southern Ry
Ngs
Rome
Igsacocdisas
Mecara Waterworks
Gilbert W
Hunt Br.ads
Hasulton County
Elizabeth
Beeseass
Benson
Covington Bonds
Funai Ge, F. A
Dode
BP A
F. A
B. A
Bar. & Smith
Ham
F. & Sigan
Columbia
Ivan
Ee Col
U.lshitp
Cin
C.N. Dory
C. J. Buddeke & Co
Union Trust
Ccccsevecesee
Comerneramcceee
Seecaseeen
Étty
Lseuing
Heen
Ghfo
Municipal
Ana
Onan
Ptedag
NALY
Postoffice
Walnut Street
N. O
Ae Sresarene Ener
Eee Wees
Bbs
Oked Bacon
Ped Hama
Prim Steam
Do Cettle
Bteale
COFFE
Santos
Ohio
Serene
Michigan
Tash Rough and Com
Kroger Grocery
Foulds Milling
Retur
Claude Ashbrook
Eugene
Oregon
Weil, Roth & GO
East Fourth Street
Cirocular
12Th and Vine Sts
Southern Ohio Savings Bank
Main St
Baldwin
the Baldwin Company
W. 4Th St
Market National Bank
Louis G. Pochat
Budas
Boston Mining
Adventure
Allouez # Amalgamated
Arizona Commercial
Atlanti
Calumet & Arizona
Calumet & Hecla
Centennial
Copper Range
Daly Weat
Flin
Granby
Greene Can
Royale
Massachusetts
United States Mining
United
Victoria
Winoname
Maryland Road
NEW York Mining
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