This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 23 articles. Subscribers can read the full text of each article.
Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jan 19, 1908
Page
14
The stock market rose on a strong bank statement with reading of corporate strength led by Reading and United States Steel. Judges suggest coal railroads may face trouble with the new anti-ownership law, while banks report cash gains and growing loan power.
Falling earnings spark director opposition to paying the full seven percent annual dividend. Pittsburg reports claim general mill resumptions are misleading while the pig iron market shows poor effort to stabilize. Banks gain over one million from the Sub treasury as a strong bank statement supports higher prices.
W E Hutton & Co notes firm open and steady gains across active staples Northern Pacific Reading Union Pacific lead strength with some profit-taking. Beazell and Bullmann commentators foresee continued improvement but anticipate occasional pullbacks as market liquidity sustains a broad rally. Bank surplus over four thousand dollars higher than a year ago supports further advance next week.
Treasury announces general fund balances on January 18. Available cash is 262,335,484 dollars, gold coin and bullion total 34,966,412 dollars, and gold certificates amount to 45,395,190 dollars, excluding the 150 million dollar gold reserve.
London markets show easy discounts and steady securities as American shares rise on Wall Street optimism. Bond selling persists in Japan while foreign buyers stay steady. rates for various stocks and bonds listed with mixed gains and losses across major exchanges in London Paris and Berlin.
In Manchester England during the week, cloth market inquiry rose but failed to materialize into sales. Foreign markets are well supplied, merchants avoid new purchases, cotton prices rose sharply, yarns turnover stayed barely average, and American coppers sold fairly with nominal price increases.
New York January 18 The weekly clearing house report reveals banks hold 22 235 475 more than the 25 percent reserve. Compared with last week the proportionate cash reserve rose 16 551 425 with gains across loans deposits circulation legal tenders specie reserve and surplus totals. United States deposits also increased reflecting stronger liquidity.
President Frank Shaffer names Albert Bettinger Fred Géier and Otto Armleder to form a committee within the Business Men's Club to study and report on creating a Bureau of Municipal Inspection. The effort seeks cross group collaboration and aims to accelerate action as with similar projects elsewhere.
The week features Cincinnati bonds and local municipals as top movers with Cin cinnati 8 48 of the 1932 52 issue in demand and Cincinnati Gas and Electric stock active. Toledo Railways and Light shows high turnover and the market remains open and steady with money at 7 percent. New York exchange near par, clearings reach 26 million for the week and bonds including Procter and Gamble and Cin Street Ry appear in call and open market sales.
The dry goods market in New York was quiet with ongoing price revisions. Many large buyers are expected next week for the National Wholesale Dry Goods Association annual meeting and to attend the event.
A dense ledger of bond listings shows diverse securities traded through Hutton & Co at the National Bank Building. Includes Japanese issues, U. P. 4s, various firsts and seconds, with prices, yields, and installments across numerous firms and regions.
Trading on the London Exchange showed a soft undertone despite easier money and a cut in the Bank rate. British shares closed below best levels with profit-taking and delayed public investment. American and Canadian shares rallied modestly on Wall Street strength and bank statement expectations. Copper and diamond issues slumped on dividend cancellations while bank rate odds shifted toward 4 percent as reserves improved.
The page lists varied securities with prices and dividends including Edison industry bonds, gas company notes, Columbia Gas issues, traction and railroad bonds, and bank and trust company stocks. Highlights include Columbia Gas Ist5s at 100, Big Four 4s at 105, Union 8. & T. 8s at 1000, and several pref shares across Niles-Bement-Pont and Shillito Co. etc.
The bull movement advances slowly yet surely as Southern holder selling lifts spot cotton. Demand remains in excess of supply while profit taking tempers prices. Bullish support persists and a fresh syndicate push is anticipated after the week’s turn.
Spot cotton in New Orleans steady at middling 12 1 4 cents with 2 400 bales sold and 1 000 arriving. futures fluctuated through the day as heavy selling cooled gains. Liverpool and New York reports show slight declines or steady opens with mixed futures. New York closes easy with mid upland prices around 11 1 4 to 11 8 cents.
New York reports butter steady with receipts 4 04 pkgs and cheese firm with 1 951 boxes. eggs ease with 3 155 cases and varied regional quotes. Chicago shows butter steady and cheese firm with dairies values and poultry weaker. Kansas City lists creamery butter at 22 14c and eggs steady with extras at 22 14c.
New York prices opened steady with minor advances and quiet trading. European selling pressured some months while others steadied. close finished 5 points lower to 3 points higher with notable activity in February through December contracts and firm spot Rio No. 7 and Santos prices.
Toledo notes a clover and feed price snapshot with January at 10.72, March 10.90, April 10.38 versus Timothy. Prime priced at 2.20. Alsike offers around 10.10, reflecting a volatile livestock forage market.
The New York Associated Banks report shows a cash gain of 26.2 million and a surplus reserve of 22.6 million the week ending January. Deposits rose by 38.5 million while loans expanded 9.5 million marking the first notable increase since the crisis. The overall liquidity surge suggests rapid retirement of clearing house loan certificates and a substantial recovery from November deficits.
Boston report lists numerous mining stocks with varying yields and prices. Notable entries include Amalgamated 52 percent and United Copper 71 percent, among many others such as Calumet and Hecla, Arizona Commercial, Crown groups, and regional players.
The New York metal market opened quietly with prices barely moving. Copper price was around 27.60, zinc quoted 13.75 to 14, electric 13.62 to 13.87, aluminum 13.37 to 13.62, lead at 3.7, and spelter 4.45 to 4.55, with St. Louis listing zinc at 3.65.
New York mining values listed on January 18 show Adams Con at .05, Alice 4.00, Brunswick 10, Comstock Tunnel 4, Con. Cal. and -35, Horn Silver -50, Iron Silver .70, Ontario 2.75, Standard 1.40, with several small and speculative items like Small Hopes 19 and Savage at 00 in a compact market update.
Spirits turpentine receipts seven casks with no trading activity. Rosin receipts twenty three barrels show little movement. Tar sales quiet. Crude turpentine priced at two dollars twenty five cents, dip and virgin at three dollars thirty five cents, eight barrels received.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.