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Cincinnati Commercial Tribune in Cincinnati, Ohio

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Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Jan 18, 1908

Page

8

Covering By Bears Aids in Wall Street Profit-Taking

New York markets sees a sharp relief rally as bears cover shorts and rumors of Equitable Life control shift to J P Morgan boost optimism. Northern Pacific holds, money markets show growing reserves, December exports set record while imports fall, stock prices rebound with late strength and strong banking liquidity.

Aids In Wall Street Equitable Life Assurance Society Northern Pacific Commercial Tribune New York Bears J. P. Morgan

Dividend declarations and London market activity reported

Twin City Rapid Transit declares a regular quarterly dividend of 1 percent on common stock. Mines Company of America declares a regular monthly dividend of 2 percent. Currency movements show banks gaining 10 975 200. Copper market in London softens with spot down 10s and futures down 7s 6d. American stocks resist gains with broad declines in London.

Twin City Rapid Transit Mines Company of America London

Market recap notes from brokers on cheap money and stocks

Brokers report cheaper money offsetting bad news and buoyant trading. Some liquidation and bearish room action followed heavy London prices. Northern Pacific rose to 129.5 as smelters copper faced weak support. The market seems set to narrow later.

London E. Hutton & Co

London Tokyo and Paris markets drift on dull day

Money plentiful on the market and discounts easier as contines purchase bills. stock exchange activity weak with gilt edged securities and copper shares slipping. American securities open steady then decline. Paris and Berlin bourses show irregular or weak trading with Japanese bonds and coppers down.

London Stock Exchange Tokyo Canadian Pacific Southern Pacific Union Pacific Wall Street New York Conseols Anaconda Atchison Baltimore & Ohio Chesapeake & Ohio Chicago Ontario & Western Pennsylvania Rand Mines Heading Southern Railway United States Steel Wabash Berlin Paris Chamber of Deputies

Commodity price list notes varied values in New York

A New York report from January 17 lists multiple mining stocks and prices including Adams Con .05 Alice 4.00 Breece .10 Brunswick Con .15 Comstock Tunnel .4 Con. Cal. and Va. .60 Horn Silver .60 Iron Silver .70 Leadville Con .06 Little Chief .05 Ontario 2.3% Ophir 1.75 Potosi .12 Savage .42 Sierra Nevada .4 Small Hopes .28 Standard 1.00 with brief market level data.

New York Adams Brunswick Comstock Tunnel Con. Cal Leadville Little Chief Ontario Potosi Savage Sierra Nevada

Treasury balances report missing gold reserve figures

Treasury statement from Washington dated January 17 shows general fund cash and bullion figures. Available cash balance is 613,307, gold bullion stands at 88,368,011, and gold certificates amount to 1. The figures exclude the $150 million gold reserve.

Washington Treasury General Fund

New York Bond Sales Summary by W E Hutton & Co

A compact report of New York bond transactions listing issues from Mex Con 4s to Inter. Gt. Nov. 28 N Y N H H C R gen and others. Totals show mixed results with spread across 90 to 125 percent values and various instalment notes and full paid coupons.

St. L Erie Japan Moses Southern R. R Brie Tol H. R Penn Manhattan N. Y N. H H. Cc. R K. C. Ft

Textile Mills Restrict Production Despite Slow Recovery

R G Dun & Co weekly review notes gradual improvement in trade with growing confidence, broader commercial paper market, and freer mercantile loans. Wages under readjustment, production down to 50 percent in many sectors, steel retap and textile mills cutting output. Hides and leather prices decline, wholesale activity uneven across cities, with Baltimore and Chicago showing signs of pickup and Cincinnati retail activity lagging.

Commercial Tribune New York R. G. Dun & Co Weekly Review of Trade United States Minneapolis Kansas City Dun Baltimore Louisville Chicago Cincinnati Toledo Cleveland

Chamber of Commerce board approves report for new officers

The Chamber of Commerce board yesterday approved the report and prepared for the new board to take hold. The 1907 board held its last meeting, and the new board and officers-elect will be installed Monday. The Manufacturers' Club will host its monthly dinner at the Queen City Club.

Chamber of Commerce Can Manufacturers’ Club Queen City Club Brownell Company Dayton Fifth National Bank Toledo Railways and Light Company L. E. Beilstein S. D. Carr H.S. Swift J. K Secor Toledo H. A. Everett W. Moore Cleveland R. E. van Cortland New York Joseph F. Demers Quebec W. E. Hutton Cincinnati A. E. Lang John F. Collins Charles W. Wasson E. W. Moore Industrial Bureau Business Men's Club Ryerson Ritchie Detroit C. W. Sherrett Muncie Ind A. O. Kramer Cincinnati Picture Post Kramer

Local Market Quiet Despite High Yearly Prices

Cincinnati and regional exchanges trade at year’s peak levels with banks reporting 4 357 000 in clearings and bond activity. Cincinnati Gas and Electric and Suburban Telephone lead day’s sales while money remains easy at 6 percent for time loans, with cautious renewals and few call loans.

Cincinnati Gas and Electric Cincinnati Cincinnati Street Railway Toledo Railways and Light Cincinnati, Newport & Covington Lighting Traction Cincinnati Sinking Fund Springfield Township New York Exchange

Cincinnati Wheat Prices Steady Amid Mixed Grain Market

In Cincinnati on January 17 1908 the Minneapolis Wheat No 1 Northern closed at 1.11 a bushel up from 1.10. The market held steady for wheat with firmer corn and rye tones, oats and flour quiet, and hay steady despite liberal receipts. Whisky demand remained firm as grain inspections and various commodity receipts volumes were reported across wheat corn oats hay and tobacco.

Cincinnati Minneapolis

Oil and Turpentine Prices Across Southern Ports

In oil and turpentine news, City balance and output figures span Jan. 17 with Oil City reporting credit balances at 1.75 and runs 179033 barrels. Wilmington notes little activity in spirits turpentine and flat tar, rosin steady at 5, crude turpentine firm. Charleston records turpentine at 5.20 and private-term rosin sales. Savannah shows steady turpentine and varied rosin pricing with broad stock and shipment data.

Oil City Wilmington Charleston Savannah Rosin

Butter Eggs and Poultry Prices By City Report

Chicago markets show butter firm with creameries and daisies listed. Cheese steady with several brand quotes, eggs firm at mark, poultry alive firm for turkeys and chickens in Chicago. New York reports butter cheese eggs steady with large receipts. Kansas City notes eggs steady with fresh extras at 22⅛ to 24?4 cents.

Ae Butt Creamery York Chicago New York Kansas City

Coffee futures open steady then rise on light Brazil receipts

New York market opens unchanged to up five points as steady cables and lighter Brazilian receipts spur activity. Sales reach 42,750 bags with January at 5.85, February 5.85 5.90, March 5.9 6.0, May 6.05 6.10, July 6.20 6.25, September 6.25, December 6.40 6.45 cents. Spot prices hold with Rio No 7 at 6 2 16, Santos No 4 at 8 cents.

George Eustis & Con Mercantile Library Atchison Hicago G Wee Toolorado Southern Delaware Fredpan Illinois Central Missouri Pacific Atone S New York Central Norfolk & Western Northern Pacific Ontario & Western Pennsylvania Rock Island Tenn Wee Southern Pacific Southern R. R St. Paul Texas Pacific Toledogy Union Pacific Waba Wis Central People’s Ges Republic ‘Steel Atenee Steel Springs United States Steel Reaiene Seesereesss New York Rio Santos Cordova

Dry goods market quiet amid announced silk sale

In New York on January 17 the dry goods market remained quiet. An auction of 6 000 pieces staple silks is announced for January 23. Carpet wools ease due to forced sales and cotton goods are being revised with new prices for 4 4 bleached sheetings next week. Denims have fallen and cotton yarns are quieter and firmer.

New York

Boston Wool Market Report Shows Dull Activity

The Commercial Bulletin notes buyers are interested but the market remains dull and uncertain. Boston shipments to January 16 reach 7,009,765 pounds versus 14,040,998 pounds last year, while receipts total 9,166,000 pounds against 5,855,012 pounds a year ago.

Boston Commercial Bulletin of ST. Louis

New Orleans Cotton Seed Oil Market Report

New Orleans on January 17 reports Prime cotton seed oil at 40 cents.

New Orleans

Stock market listing excerpt shows varied bonds and equities

A dense listing of stock prices and bond quotations includes R. & T. 106 rail stock, Big Four 4s, C. H. & D. 44s, various savings banks, city holdings, industrials like Am Book and Am Oak L, and traction bonds from Ind. St. Ry and U. S. Lith. pr. 105. Prices range across dozens of issues with ex-dividend notes where indicated.

Cin. & Ham Cin. St. Ry Colum. Ry Ccl Int O L.&t R. Mill Jurgens Bar Smith Mill Bia Ham G &E Foulds M. M Freisch Atlas Cincinnati Consol S. F J. J A. O F. A M. N Southern Ry Srocsees Enon Ewan Southern Ry Feweneee Water Works F. Cate Enee Neneee Wai Peereer Etter Sng Tay Hamilton County Izabethtown Bridge Reiter Thai Atill

Green Meats Prices and Hides Listing

A dense price list from a historical market shows green meats including hams shoulders and lards with various weights and price points. It also itemizes feathers wings tails geese and quills, plus hides, salt grades, bull and horse terms, sheepskins and glue.

Opiacsoei

Bank of Germany weekly statement summaries changes

The Bank of Germany reports in the weekly statement cash in hand rose by 86.6 million marks while notes in circulation fell by 175.56 million marks. The note holdings in circulation decreased and other securities increased by massed figures not fully legible in the text.

Berlin Bank of Germany

Also Mentioned on This Page

Amalgamated Copper American Aseas Page & Hill J. E. Jones & Co H. M. Beazell Roberts, Hall & Criss W. R. Todd & Co Carlos E. Bultman Company NEW York Mining Treasury Statement W. E. Hutton & Go First National Bank China Atlas National Bank George Guckenberger Albert Lackman William Guckenberger Charles J. Ziegler Third National Bank Business Men’s Club W. A. R. Bruhl Covington Charles Golding John Lake Frank Krohn Davenport O. B. Emrie Jackson C. M. Robinson J. C. Mear A. H. Kenser German National Bank William C. Wachs Orin N. Littell Littell German National Wachs West Indies Santiago de Cuba Havana Laa Interstate Commerce Commission Reliance Textile and Dye Works Southern Railroad Northside Business Club K. of P. Hall Boston Academy of Music B. F. Lyle Branch Hospital For Consumptives Queen & Crescent Great Lakes Geo- Railroads Canada Car Service Commission American Railway Association Cincinnati Wholesale Jewelers’ Association Linton Hotel A. J. Schwab D. J. Gutman J. Charles Becker Charles A. Nolting S. Lindenberg Fred Gruen A. Herman Joseph Notterman Johnson and Smith Chesapeake & Ohio and Kanawha Fast Freight Lines Brown Brokerage Company Columbus William Brown Roy H. Steigelman George A. Stulz W. E. Brown John C. Healy Brown & Co Johnston Building Walter Kamman Sadie Kamman A G. Grosz Abner Thorp Jr W. H Cobb, Jr Front Lawrence Streets Cincinnati Carriage Goods Company West Sixth Street Special Dispatch Cail Pfd Bet Street Ry Gas Elec Toledo Rys. & Light Springfield Town Ask Panama Philippine Sterling Glasgow Belfast RTE Ask. Cin. Int Col. & Xenia Little Miami Ohio Scioto Valley Globe Soap Globe-Wer Tool Hin Tol Acclassee Ney F. Pr Leone Bay Nat, A. F. A Ph. Carey Pr Ph&fm Rootseae & Gam N Realty Steptoe-Sh U. S W. Powell Wurlitzer Covington Bonds Tewee Newport Bonds Cinane Ee B. & N Fay & N Columbia Gas Col Rket Fruits and Vegetables Palermo Florida Jersey Globe Bodmann City Bl’d S.eesceees Xtra Eeegees SRE Sybbis— IO Vscatecs Eeaee Michigan PEMO Bo Este Disenguecdoscacs Cdeio Vee Aviv Veeseaie WOOL Peoria the German National Bank James C. Ernst George EB. Engle Hamilton H. P. Colville Railroa Ns C CL & Wi F.W BA Stocks Am. Mat Oi Trust City Hall Nae Cit I Cosmopolitan Ss Coy Ee First Industr Colum, Nk Nor. Sav S. T Union Unity Traction St’esc.&C.bdg B.G Mi. & Germ Miami Aus.n. & C.br Amer Book Oak L. Pr Baldwin St. Lewis B. M. Baldwin & CO W. Pourth St HOTEL Havlin Nut & Slack California Navy Timothy
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