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Cincinnati Commercial Tribune in Cincinnati, Ohio

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This newspaper page contains 25 articles. Subscribers can read the full text of each article.

Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Jan 21, 1908

Page

8

Stock Market Decline After Dull Session

New York traders faced a dull session with early wavering giving way to a late decline as selling mounted. Key issues included American Smelting weakness, Baltimore & Ohio earnings impact, and a rising Southern Pacific bid with 5 percent time-loan rates easing.

Stocks in London Mixed as Baltimore & Ohio Weakens

American stocks in London show irregular movement with Baltimore & Ohio weak. B&O December earnings reveal gross decline of 1,065,000 and net drop of 1,230,000, boosting expenses by 4 percent to yield 14 percent less business. Westinghouse plans to publish this week. President Stickney optimistic on Great Western. Loan crowd reports fair demand. Bank statement cited as very strong. Louisville & Nashville declares 1 percent extra dividend in $100 stock shares. Fairmont Coal issues annual 2 percent dividend payable January 31.

Baltimore & Ohio Louisville & Nashville Company London Bank of England Stock Exchange Paris New York Bank Canadian Pacific Grand Trunk New York Southern Pacific Louisville & Nashville Union Pacific United States Steel Atchison, Topeka & Santa Fe Anaconda Atchison Chesapeake & Ohio Chicago Great Western Chicago Milwaukee & St. Paul de Beers Denver & Rio Grande Erie Illinois Central Missouri Kansas & Texas New York Central Norfolk & Western Ontario & Western Pennsylvania Rand Mines Reading Southern Railway Wabash Amalgamated Copper Ask Ask. Cin. Int Col. & Xenia Little Miami Cin. & Ham IC Iy Pact Sais Ohio Traction of Cin St. Ry Ak Colum, Ry BG &S Col. Ry. &L Det UN. Ry Scioto Valley Int. Ry. & T Do Pref Nor. O.l.&t Am. R. Mill Do Speel Sas Eo Bar. & Smith Boldt Gl By & Npt DO Opel Ovvs Ick Brownell Casey-H. Pr Ch. C. Paper Tobacco Columbia Gas Cuyahoga la Do Foulds M. M Fleisch'n Bankatlas Ger. Nat. Cov Merch Western Ger

Market Summary: Stocks See Mixed Tone and Minor Declines

Brokers note steady distribution by strong interests with buying support above bottoms as prices rise yet anticipate a setback. Reading advances from 94 to 111 with other rails falling two-thirds as much. unfavorably reported railroad earnings suggest possible reduced dividends. Smelting drops reflect such expectations. overall market shows a tired, uneven tone.

Roberts, Hall & Criss H. M. Beazell

Foreign bourses show mixed gains amid easier money

London markets ease on ample liquidity with Bank of England bolstering gold funds. United States and European shares press higher as lower discount rates aid investment, while Paris and Berlin trade data reflect firmer or steadier intraday levels amid varied security moves.

Paris London Berlin London Exchange

New York Bond Sales Report by Banks and Firms

New York bond sales reported by W W E Hutton Co and First National Bank Building show total sales figures for the day. Trading activity centers on government and corporate issues with notable participation from major banks and brokers.

W.W. E. Hutton & Co First National Bank

Local Securities Demand and Money Market Ease

Local securities show strong demand while money markets ease as borrowers expect rates to drop. Cincinnati and Chicago clearings, New York exchange near par, and bonds in active trading with Cincinnati Gas and Electric among top features.

Cincinnati Bank New York Exchange Commercial Tribune Chicago Cincinnati Gas and Electric New York Panama Cincinnati Clearing House

Securities Market Snapshot of Rail Bonds and Traction Stocks

The page lists various railroad bonds and traction stocks with bid and price levels. Notable entries include Big Four 4s, C R & E W T s, Union S T, Niles-Bement-Patterson, Norwest savings, and Am Oak Line preferences, with ordinary and preferred issuances spanning prices from around 48 to 165. Ex-dividend statuses and trustee listings appear alongside city hall notes and bank names.

Cosmopolitan Trust First N’l Industr Colum, Bank & Sav. Co Norw. First Nor. Natessa Nor. Sav S. T C.&c.bdg

Ferris Agency forms in Columbus with 10000 capital

The Ferris Agency Company was yesterday incorporated in Columbus with a capital of $10,000 by Judge Howard Ferris and others. It will handle legal agency work for National Surety, Casualty Company of America and North American Life. The article also notes the Advertisers' Club dinner tonight at the Grand Hotel with James Rodgers as main speaker and speakers Milton Bucklin and Vice Mayor Galvin.

The Ferris Agency Company Columbus Howard Ferris E. E. Ferris Earl Ferris 8. M. Ferris National Surety Company, Casualty Company of America North Ameri Life Insurance Company iKgmpne Union Trust Building Advertisers’ Club Grand’ Hotel James Rodgers Harper & Brothers New York Milton Bucklin Chicago Galvin

River and Harbor Committee members head to Indianapolis convention

Albert Bettinger Alfred Nippert and Captain J F Ellison of the River and Harbor Committee left yesterday for Indianapolis to attend the Indiana branch convention of the National Rivers and Harbors Congress. A committee of three was appointed to study the feasibility of a Municipal Board of Information reporting to Frank H Shaffer president of the Business Men's Club.

Messrs Albert Bettinger Alfred K. Nippert J. F. Ellison River and Harbor Committee The Associated Organizations Indianapolis Indiana National Rivers and Harbors Congress Fred Geier Otto Armleder Frank H. Shaffer Business Men's Club

Manufacturers deny wage cuts plan by shop firms

The Day Machine Works, George A. Gray & Co., the Lunkenheimer Company and other machine shops rejected reports that they considered cutting employee wages. Officers of the firms denied any plans to reduce pay.

Day Machine Works George A. Gray & Co Lunkenheimer Company

Lecture on The Great White Plague At Northside Club

Dr. B F Lyle, superintendent of the Branch Hospital for Consumptives, lectured at the Northside Business Club on The Great White Plague. A Boston Academy of Music concert was also performed by its members.

B. F. Lyle Branch Hospital For Consumptives Northside Business Club Boston Academy of Music

Ohio Incorporations Filed In Columbus Today

The list records new Ohio corporations filed January 20 including The George Rackle & Sons Company at 50 000 by George Rackle Sr and others. The Marion Tool and Specialty Company at 25 600. The Imperial Coal Company Caldwell at 10 000. The Ferris Agency Company Cincinnati at 10 000. The Mambour Glass Sheet Machine Company Mt Vernon at 10 000. Bank of Cleveland at 50 000. The National Tongueless Buckle Company Springfield at 10 000. Farmers and Merchants Bank Company Pemberville at 25 000. Woodland Realty Company Cincinnati at 25 000 with listed organizers for each.

Commercial Tribune Columbus George Rackle J. S. Harshman J. R. Jones H. L. Perryman John T. Ricks E. ‘H. Smith Farmers and Merchants’ Bank Company Pemberville G. L. Ginther E. C. Gessner E. G. Guthery H. 8. Brady B. J. Guthery Woodland Realty

Grain supply figures from New York Produce Exchange

New York report notes Saturday's visible grain supply on January 18 totals 47,226,000 bushels of wheat with a 655,000 bushel decrease, 4,923,000 bushels of corn up 152,000, 8,898,000 bushels of oats up 400,000, 768,000 bushels of rye down 129,600, and 6,541,000 bushels of barley down 239,000.

New York New York Produce Exchange

Market Speculation Prices in New York

New York reports early market figures with listed commodity symbols and prices for Adams Con .05 Alice 4.00 Breece .10 Brunswick Con .15 Comstock Tunnel .24 Con Cal and Va .58 Horn Silver .50 Iron Silver .70 Leadville Con .06 Little Chief 0.55 Ontario 3.50 Ophir .20 Potosi .11 Savage -52 goats Nevada .40 Small Hopes .20 Standard 1.10.

New York Adams Brunswick Comstock Tunnel Cal Leadville Little Chief Ontario Potosi Nevada

New Orleans Cotton Seed Oil Market Report

New Orleans on January 20 reports prime cotton seed oil priced at 40 cents per pound. No further details provided in the fragment.

New Orleans Prime

Cattle Market Steady Despite Liberal Cincinnati Receipts

Cincinnati market Monday reports liberal cattle receipts and steady values for desirable butcher stock, with strong demand and price declines for milk cows. Hog and sheep rulings show steady to higher tones in multiple cities, while calves and stockers move near last week levels amid varying regional price shifts.

Cincinnati Ight New York Liverpool London Cables ST. Louis Texas Chicago Commercial Tribune Pittsburg

Money on Call and Bonds in New York and Boston Marked by Variety

New York money on call easy at 2a3 percent with 2 percent ruling. time loans 5 percent for 60 to 90 days, six months. Sterling exchange steady with bankers’ bills near 486.80 to 486.85 for demand. Boston notes show call loans 5 percent, time loans 5 to 7 percent, and various bonds and stocks with mixed moves.

New York Prime Mercantile Sterling Exchange Boston Atchison Adj Atchison Mexican Central Boston & Albany Boston & Maine Boston Elevated Fitchburg Union Pacific Chemcal American Tel American Woolen Edison T Electric General Electric Massachusetts Electric Massachusetts Gas United Fruit United Shoe Machinery United States Steel

Metals market notes from New York and St Louis

Tin rose in London with spot £125 1s and futures £126 10s, London copper higher at £62 12s 6d spot, local quotes quiet. Lead up £14 1s 3d in London but steady at $3.70 8.75 locally, spelter quiet at $4.4 to $4.55. iron prices mixed with foundry grades around 46s to 47s 6d in London and various US quotes. St Louis reports Lead $3.65 and Spelter $4.50.

New York London Standard Cleveland Northern Southern Southern Soft ST. Louis Spelter

Oil market and turpentine notices across cities

Oil City reports credit balances and barrel shipments with averages. Savannah marks a holiday with no naval market activity. Charleston and Wilmington show no trading in turpentine and rosin, receipts sparse. Toledo lists oil prices for North Lima South Lima and Indiana at a few cents.

Oil City Savannah Naval States Charleston Wilmington Toledo North Lima South Lima Indiana

Clover seed and Timothy prices in Toledo market report

On January 20 in Toledo the market shows Clover seed at Gash and January 10.72 percent, March 10.80, April 10.55. Time'othy prime at 2.20 and Alsike prime at 10.20.

Toledo Othy

Groceries Price List From Market Report

APPLES per barrel 3.50 to 3.50. BANANAS Choice to fancy 1.25 to 2 per bunch seconds Tica 1. Beets lie a dot. Cranberries 2 per box. Cabbage 1.15 per barrel. Lemons Messing 3.43 to 3.50 per box Palermo 3.50. Oranges Florida 2.50 to 3 per box. Onions home grown 0.60 to 0.65 a bush. Potatoes 2 to 2.25 per barrel. Pumpkins 1 per barrel. Rutabagas 1.25 per barrel. Squash Red 1.50 per barrel. Sweet potatoes Jersey 5. Groceries.

Palermo Florida

Grain and Whisky Prices in Local Market Report

A detailed market sheet shows firm condition for rye and whisky with 956 barrels traded at $1.35 per gallon. Grain inspections list various No. 2 to No. 4 grades across wheat corn oats rye and hay, along with receipts and shipments figures.

Mining stock bids list from Boston exchange

Boston market report lists numerous mining and resource stocks with bid or price figures including Amalgamated 514 United States Mining 25 Calumet and Hecla 650 Copper Range 63 and Old Dominion 35. Other gauges show values for Union Copper Unite Copper United States Oil Nevada 11% and Wolverine 129 among many.

Roberts, Hall & Criss New York Stock Exchange Ask American Tobacco British ‘Columbia Butte Chicago Subway Dominion Copper Havana Tobacco Otis Tonopah Petéibecas United Copper A. P Asreeeseense Daly West Utah Cates Ovdvpeessees Davis Daly Boston Jan Adventure Allouez Amalgamated Atlantic Bingham Calumet and Hecla Centennial Copper Range Daly-West Franklin Granby Isle Royale Massachusetts Mining Michigan Mohawk Montana Coal and Coke Old Dominion Parro Quincy Shannon Trinity Unite Copper United States Mining

Coffee futures open steady with mixed moves on demand

New York coffee futures opened steady at unchanged levels then dipped five points on weak European cables before finishing steadier. Day’s trade totaled 18 750 bags with January at 6.8, February 5.9c, March 6c, April 6a$.05c, August 6.2%c, December 6.45c. Rio No 7 63-16, Santos No 4 Sc, Cordova 39 al 3c.

New York Rio No Santos No Sid Cordova

Treasury balances report from Washington January fourth

Treasury balances in Washington show gold certificates at $34,188,901 and gold reserves exclusive of a $150,003,0% balance. Figures list general fund and related coin and currency totals, with $63,221,000 cited for unspecified categories.

Washington States of the Treasury Lime Avery Am Webee

Also Mentioned on This Page

Wall Street United States Pennsylvania Supreme Court W. E. Hutton & Co Charles BE. Bultman Supreme Court New England Trust Company Providence R. I Page & Hill George Eustis & Co Mercantile Library Atc Hison St. Lae Chicago & Alton Colorado Southern Sen Delaware & Hudson Great Northern Manhattan Missouri Pacific Snes Rock Island R. R St. Paul Texas Pacific Toledo Ry Atone Ooara Wisconsin Central Weer Amal Amer Car & Fdy Os'aepe Col. Fuel & Iron Sense Ek Ae Pacific Mail Seeessees Oy Sone Pete Springs Ase Western Union Ticker Westinghouse . Electric and Manufacturing Company Stickney Great Western Fairmont Coal Company Peoria Total UV. S UN. Pac. Cong Inc N. Y Gtd H. la P H. Ham jSt. L Sneene St. L Webag Pitts. T jOre. S. L M. Wabash Pitts Rene S— B S. L. Is Os— West B. R M Eve Oven al A Tex. & Pac Cincinnati Gas and Plectric Cincinnati and Suburban Telephone Cincinnati Street Railway Procter & Gamble Sub. Telephone Cincinnati Street First National Bark Morning Call Fleischmann Pref Gas and Electric Seach Aed Glasrow Belfast Sterling Coluindia Ban Tenere Traction U. Ist Ham, Lind Int Globe Soap Globe- Wer A. Tol Kroger A. F Nat. Ph&fm Roots Ph. Carey Pr Gam Rob’n Realty Steptoe-Sh Sf IU Powell Pr. Ae . Wwurlitzer Consol S. F J .J J. J F. Ae M. N Pate Southern Ry F. A M. Mi. N Southern Ry. Ter Asee Water Works Fe Oy J. D Hamilton Cou Elizabethtown Bridge Longview Armory Aaa Eye Benson Street Bridge Big Miami Bridge Covington Eseseee Oocaesidad Water Works Newport Bonds Se Ee Edison Bagos Oe Tee Big Four C.R Ew.ts iLit Miami Securities N. & C.bripr Oak L. Pr Bullock Fay&Eg. Com Deo Hoov-O-R. Pr Niles-B.-P Niles T. W.pr Amoskeag Company Alms & Doepke Co Landesman, Hirshheimer Co Raul & Mack Shirt Co John Shillito Co New York City Manchester N. H Industrial Bureau Business Men’s Club Young Men’s Mercantile Company Transportation Committee of the Associated Organizations Brent Arnold Louisville & Nashville Railroad Public Landing Arnold Provident Savings Bank and Trust Company Hartwell Council Traction Company Ohio NEW York Mining WOOL East Buffalo Kansas City Metals the German National Bank James C. Ernst George E. Engle T. S. Hamilton H. P. Colville Asst Atlas National Hank Walnut Street Post Office Japan Butte Creamery Fruits and Vegetables C.s Diandreh Michigan Aetee Senes Akron Crescent Cleveland Diamo City OF S. Kuhn & Sons East Third Street Ret Do City U. A D.s. Oa Bard Akron ST. Bernard Weil, Roth & Go East Fourth ST HOTEL Havlin Tre Paldwin D. H. Baldwin , CO W. Fourth St Wurlitzer Piano Coal N.Y Dr. B’s Navy Corerd Kanawha California Timothy Turkey Philadelphia Boston Mining Treasury Statement
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