Bad Weather Dampens Dull Stock Market Outlook
New York stock trading opened amid extreme dullness blamed on inclement weather reducing attendance at the Exchange. Delaware & Hudson and Missouri Pacific note issues, cash gains to banks, and easy money rates fed a cautious session. Traders awaited United States Steel quarterly report and Harriman merger prosecutions as key factors shaping sentiment.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York
The
Stock Exchange
United States Steel Corporation
Harriman
United States
Ticker Talk Stocks Rise in London as Parity Nears
American stocks in London show strength near parity with gains around one percent. Bank of England cuts rate from 5.6 to 0.4 percent. U S Steel operates about 45 percent of blast furnaces. Pressed Steel Car declares regular quarterly dividend. Carnegie Steel trims light rail price by two dollars per ton to twenty eight.
MENTIONED IN THIS ARTICLE
London
United States
Carnegie Steel Company
Market mood after Bank rate cut drifts after opening surge
Brokers note London driven gains fading as trading turns irregular. Professionals dominate as prices close on a notable day. Analysts see liquidation near end and expect purchases on breaks to rebound. Some call Cortelyou’s actions inconsequential to market behavior. Banks resist raiding tactics amid weakness, signaling cautious optimism ahead.
MENTIONED IN THIS ARTICLE
London
Bank of England
New York Stocks Close Weak Under Bear Pressure
New York stocks closed dull as traders faced bearish pressure within a narrow 2 to 4 point range. The market offered limited profit opportunities as bulges formed before profits could be taken.
MENTIONED IN THIS ARTICLE
New York
Page & Hill
Market report shows steady demand and mixed gains abroad
London markets open steady with profits taken on gilt edgeds and rails as outside support wanes. Paris stronger with three percent rates firm. Berlin listless as American securities stay subdued and exchange rates adjust.
Money and bond reports from New York and Boston
New York money rates show call money at 2 percent and time loans around 4 to 4.5 percent with mercantile paper at 6 percent. Sterling exchange firm with bills near 487 for demand and 483 for sixty day. Government and railroad bonds listed with varying moves. Boston sections list call loans at 4 to 6 percent and a range of bonds and rail stocks with mixed prices and some preferreds noted.
MENTIONED IN THIS ARTICLE
Mercantile
Treasury
New York
London
Prime Mercantile
Sterling Exchange Firm
Boston
Time Lpans
Atchison Adj
Atchison
Mexican Central
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
N. Y
Union Pacific
Pabacedas Arge
Edison Electric
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machine
United States Steel
Treasury balances show cash available and gold reserves
Washington reports the general fund balance excluding the $150 million gold reserve. Available cash stands at 264,161,095 dollars, with 27,877,668 in gold coin and bullion and 44,078,480 in gold certificates.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
New York Mining Quote Summary
New York mining prices list several ore and mine names with varying cents to dollars per unit. Adams Con 0.05 Alice 2.75 Breece 0.10 Brunswick Con 0.15 Comstock Tunnel 0.75 California and Virginia 0.70 Horn Silver 0.60 Iron Silver 0.75 Leadville Con 0.06 Little Chief 0.05 Ontario 2.20 Ophir 1.80 Potosi 0.10 Savage 0.60 Sierra Nevada 0.50 Small Hopes 0.20 Standard 1.30.
MENTIONED IN THIS ARTICLE
New York
Adams
Alice
Breece
Brunswick
Comstock Tunnel
California
Virginia
Leadville
Little Chief
Ontario
Potosi
Savage
Sierra Nevada
Standard
New York Bond Sales Guide Shows Wide Range of Issues
The report lists numerous bonds from C and O to Mex Cen, Rio Grande, and Great Western. prices range from 88% to 114% with varied maturities and issuers including city and railroad securities. The catalog highlights 8,000 to 34,000 dollar lots, with many notes and 4s to 6s, reflecting active trading in municipal and corporate debt.
Financial and Personal Notes From Local Daily Life
The Madisonville Deposit Bank plans its annual reorganization meeting next Monday evening to elect officers for the year. Out-of-town visitors at the Business Men's Club included James A. Emery and others from New York Columbus and Boston. The Schoepf traction group opposes the proposed Howe tax bill which would tax net earnings of traction roads, potentially costing Cincinnati Traction about 250000 yearly. Regulars of the Advertisers' Club allege Vice Mayor Galvin endorsed their ticket at the club dinner last Tuesday. John Graydon of Macdonald and Kiley Shoes announced a reorganization with W M Kiley as president and Graydon remaining treasurer, after A J Macdonald's withdrawal.
MENTIONED IN THIS ARTICLE
Madisonville Deposit Bank
Business ‘ Men’s Club
James A. Emery
New York
T. P. Hall
Columbus
C. Durban
Peru
Ind
C. L. French
Norwalk
C. Hatch
Piqua
Schoepf Traction
Howe
Cincinnati Traction Company
Galvin
Cincinnati
John Graydon
Macdonald & Kiley Shoe Company
A. J.macdonald
Macdonald
W. M. Kiley
Shoe Company
Special meeting of Cincinnati Retail Liquor League set at new HQ
A special meeting will be held next Friday at the league s new headquarters in the I O O F Temple with plans to hold monthly second Friday meetings. The Independent campaigners of the Advertisers Club met at Hotel Havlinences Gay and mapped the final push for a Greater Advertisers Club. Nominees present included David B. Gibson H E Hall J R Tomlin Lee Edward Ach J M Gidding and others alongside four Nominating Committee members. Gibson is drafting the 1908 keynote to be spoken next Tuesday night at the Grand Hotel.
MENTIONED IN THIS ARTICLE
Cincinnati Retail Liquor League
League
I. O. O. F. Temple
Advertisers’ Club
Havlinences Gay
Greater Advertisers’ Club
David B. Gibson
H. E. Hall
J. R. Tomlin
Lee Edward Ach
J. M. Gidding
McLean E. Remelin
James L. Megrue
Paul Poindexter
Co. L. Downey
George W. Weedon
R. L. Prather
Ben Mulford
Gibson
Grand Hotel
Union Gas and Electric directors meet this afternoon
Directors of the Union Gas and Electric Company will hold a meeting this afternoon at the company's offices at Fourth and Plum. Equipment Superintendent A. S. White is in town and will attend.
MENTIONED IN THIS ARTICLE
Union Gas and Electric Company
Fourth
Plum
A. S. White
Wool market and Boston wool bulletin notes
Wool prices in St Louis show steady to firm ranges across grades. London sales report 11 453 bales with demand strongest for fine greasy merinos and scoured lines. New South Wales to Cape bales priced in shillings and pence, New Zealand volume 5 000 bales. Boston Commercial Bulletin previews a cautious tone with limited week activity and unchanged goods market despite European improvement. Shipments to Jan 23 run 10 293 921 lb versus 19 728 778 lb last year. Receipts reach 8 069 679 lb, down from 12 642 157 lb previously.
MENTIONED IN THIS ARTICLE
London
New South Wales
Queensland
Victoria
South Australia
West Australia
New Zealand
Cape of Good Hope
Natal
Boston
Commercial Bulletin of
London and New York Metal Markets Report
Tin and copper prices showed mixed moves with London spot tin at 125 pounds 10s and futures at 126 pounds while copper fell 12s 6d. Lead and spelter held steady. iron prices eased in London though local quotes stayed firm. ST. LOUIS reports lead at 3 dollars 65 cents and spelter at 4 dollars 50 cents.
MENTIONED IN THIS ARTICLE
New York
London
Standard
Cleveland
Northern
Southern
Southern Soft
ST. Louis
Turpentine and rosin markets across several ports
A string of price reports from Charleston Savannah Wilmington Toledo and Oil City notes little change in turpentine and rosin with firm or steady quotes. Recorded receipts shipments and stock levels accompany price lists for A through N grades and window glass and water white variants.
MENTIONED IN THIS ARTICLE
Charleston
Turpentine and
Rosin
Savannah
Turpentine
Skec
Wilmington
Toledo
North Lima
South Lima
Indiana
Oil City
Commodity Prices Report From Chicago New York and Kansas City
Butter and cheese prices hold steady across markets with white and other variety creams in the 19 to 30 cent range. Eggs show firm tones with mixed regional receipts and offerings. Poultry remains varied as alive and dressed prices move within single-digit to low double-digit cents.
MENTIONED IN THIS ARTICLE
Chicago
Springs
New York
Pennsylvania
Kansas City
Yale Oils
Ohio
Michigan - Limburger
Coffee futures open steady with modest gains in New York
Coffee futures opened steady then rose up to 5 points amid European selling and steady local demand. Trading closed with 19 750 bags sold and prices for January through December contracts ranging from 6.05 to 6.55 cents per pound, spot steady, Rio No 7 at 6 cents and Santos No 4 at 8 cents.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos
Cordova
Boston Mining Prices on Exchange Report
Boston market figures list numerous mining stocks with varied gains and losses. Notable quotes include Calumet and Hecla at 644, United Copper 6%, Tamarack 65, Michigan 11 14, and Quebec-like entries across a broad lineup of companies and oil equities.
MENTIONED IN THIS ARTICLE
Boston
Jan
Adventure
Allouez
Amalgamated
Atlantic
Calumet
Hecla
Centennial
Copper Range
Daly-West
Franklin
Granby
Isle Royale
Massachusetts Mining
Michigan
Mohawk
Montana
Coke
Old Dominion
Osceola
Parrot
Quincy
Shannon
Tamarack
Trinity
United Copper
United States Mining
United States Oil
Utah
Victoria
Wolverine
North Butte
Butte Coalition
Nevada
Ae and
Arizona
Arizona Commercial
New York Dry Goods Market Improves Steadily
The dry goods market shows steady improvement with several large sales of brown and bleached sheetings and colored cottons. Demand remains steadier, cotton yarns are quiet but stable, and export trade in cotton goods is rising.
MENTIONED IN THIS ARTICLE
New York
Grain Price Notes for Clover and Timothy Seeds
In Toledo on January 2 price quotes show Clover seed at cash and January $10.70, March $10.70, April $10.55, October $7.15. Timothy seed is Prime at 2 percent. Alsike seed Prime at $10.20.
MENTIONED IN THIS ARTICLE
Toledo
Timothy
Alsike
Money Drops Sharply As Markets Slip Across Cities
Bank clearings and discounts noted in Cincinnati Chicago and St Louis on Jan 24 amid a market lull. New York exchange premiums and varied loan rates appeared as investors watched a general downturn in money rates and trading activity.
MENTIONED IN THIS ARTICLE
Cincinnati
New York Exchange
Tract and railroad bond notes advance with ex-dividend cue
Fragmentary financial listing shows railroad and traction stocks and bonds with ex-dividend notes. Names include Big Four, C H and D, Union Savings, Norwest First, and several regional banks. Signals point to bond prices and stock readings with multiple 4s and 7s indicated alongside names and notes.
MENTIONED IN THIS ARTICLE
N'I
Colum. Bank & Say
Norw
Nor. Nat
Nor. Say
C.&c.bdg
Market Prices and Securities Report Summary
Stocks and bonds show varied quotes with rail and traction issues. Notable entries include Niles-Bement-Pond at 150, Franklin bonds around 100, and Ohio traction stocks trading near midrange. Clearing figures show Cincinnati Clearing House receipts of 3,881,400 against 4,351,000 prior.
Cotton Market Opens Firm Then Breaks On Labor Rumors
The local cotton market opened firm 13 to 17 points higher with active trading. Bulls pushed to selling but buyers were scarce, causing a sharp break. Reports of pending mill labor troubles caused price disparities, with weakness at the open followed by a recovery tied to English market tone.
MENTIONED IN THIS ARTICLE
W. B. Hutton & Co
John W. Ballmann
Cotton market notes from New Orleans and Liverpool
New Orleans spot cotton ease 12 1 2 cents with futures steady amid strike fears. US and world supplies update show American cotton at 3,729,080 bales, total world visible at 4,831,956. Liverpool market features mixed quotes and futures easing before closing steady.
MENTIONED IN THIS ARTICLE
Hester
Liverpool
Jan
Segpeton
Cotton market slides after labor report conflict in Lancashire
New York January 24. Cotton prices fluctuated on labor dispute rumors from Lancashire. Morning gains faded after a private Liverpool cable said talks broke up. March and May futures closed down from intraday highs, then recovered slightly amid mixed sentiment. Receipts and spot prices noted, with overall regional activity and pending reliable abroad updates.
MENTIONED IN THIS ARTICLE
New York
Lancashire
Liverpool
Bufl
March
New Orleans
Do Gulf
Ohio Incorations Filed Include Coca Cola Distributing and Lewis Jewelry
Columbus reports several incorporations today led by The Coca-Cola Distributing Company of Dayton with 36000 capital and owners James Law Van Cleave Engle Schlotterbeck E M Kuhns Mason Montgomery and Clada J Uhrig. Others include The William Moore Company Cleveland 10000 led by William Moore Joseph Moore Robert Latimer W H Morrow James J Morrow and The Kirkpatrick Company Springfield 30000 with Thomas J Kirkpatrick H H Johnson W W Weaver L E B Niles and Charles R Reid. Also The Lewis Jewelry Company Cleveland 30000 with F B Lewis C C Lewis R P Dorman W D Alexander and W K Stanley and The Ohio Prepared Meat Company Cincinnati 10000 led by Thomas Bryce Charles M Abrams Thomas A Cowleys Walter A Duckwitz and Robert B Deacon. Bar Man Manufacturing Cleveland increases from 10000 to 25000. Ironton Iron Company increases to 400000. The Standard Tool Company Cleveland increases from 750000 to 1000000.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
Coca-Cola Distributing Company
Dayton
James Law van Cleave
Engle Schlotterbeck
E. M. Kuhns
Mason Montgomery
Clada J. Uhrig
William Moore Company
Cleveland
William Moore
Joseph Moore
Robert Latimer
W. H. Morrow
James J. Morrow
Kirkpatrick Company
Springfield
Thomas J. Kirkpatrick
H. H. Johnson
W. W. Weaver
L. E B. Niles
Charles R. Reid
Lewis Jewelry Company
Cleveklnd
F. B. Lewis
C. C. Lewis
R. P. Dorman
W. D. Alexander
W. K. Stanley
Ohio Prepared Meat Company
Cincinnati
Thomas Bryce
Charles M. Abrams
Thomas A. Cowleys
Walter A. Duckwitz
Robert B. Deacon
Bar-Man Manufacturing Company
Clleveland
Ironton Iron Company
Standard Tool Company
Wheat and grain prices steady in Minneapolis market
January 24 1907 Minneapolis market reports steady wheat No 2 red winter at 1.02, 1 car at 1.01 1⁄2. mixed and yellow grains varied between 49 and 58 cents. Hay timothy and clover listed with prices from 15.25 to 14.50. whisky at 1.35 per gallon.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Northern
Grocery Price List and Meat Stuffs This Week
A detailed price rundown lists apples per barrel at 3 to 3.50, bananas 1.25 to 2 per bunch, cranberries 2 per box, cabbage 1.15 per barrel, lemons 3 to 3.50 per box, oranges 2.50 to 3 per box, home grown onions 60 to 65 per bush, potatoes 2 to 2.25 per barrel, pumpkins 1 per barrel, rutabagas 1.25 per barrel, squash 1.50 per barrel, and sweet potatoes Jersey 6. Also notes greens meats, hams and shoulders with assorted prices, Timothy on arrival, feathers and poultry parts, and assorted store stock.
MENTIONED IN THIS ARTICLE
Palermo
Florida
Jersey
Special stockholders meeting of Cincinnati Hamilton Dayton Railway
Notice sets February 7 1908 meeting at Room 66 Carew Building Cincinnati to authorize a supplement to the 1904 refunding mortgage, approve purchase of outstanding refunding bonds, and pledge purchase money notes. Also ratifies December 30 1907 board actions and lists bank closure dates January 27 to February 8 1908. Secretary Thomas J Walsh dated January 6 18.
MENTIONED IN THIS ARTICLE
Cincinnati, Hamilton & Dayton Railway Company
Carew Building
Fifth and Vine Streets
Cincinnati
Ohio
United States Mortgage and Trust Company
Central Trust Company of
New York
Thomas J. Walsh
Proposals for Clothing and Equipage Opened by Quartermaster
Sealed proposals in triplicate will be received until 11 a.m. January 31 1908 for furnishing 50 000 pairs of leggings to Chicago New York or Philadelphia depots with possible 20 to 50 percent increase. Preference to domestic manufacture. samples available. envelopes to be endorsed Proposals for Clothing and Equipage to be opened January 31 1908. W W Robinson Jr Chief Quartermaster
MENTIONED IN THIS ARTICLE
Federal Building
Chicago
New York
Philadelphia
Quartermaster’s Department
Proposals Sought for Machinery at Augusta Arsenal
Sealed proposals from bidders to furnish and deliver electric switchboard motor generator sets motors air compressor metal and wood working machines some with motor drive pneumatic hammer electric and hand overhead cranes fuel oil furnaces testing machine and related items will be received until 3 pm February 25 1908 at the Augusta Arsenal Georgia for the Commanding Officer.
MENTIONED IN THIS ARTICLE
Augusta Arsenal
Augusta
Georgia
Louisville Tobacco Sales Report From Friday
Louisville on Friday saw 1 012 hogsheads offered with 21 Burley and 191 dark, prices varied by house. State House sold 57 hhds new Burley from 7.40 to 17. Pickett House 6 hhds new Burley 7.20 to 14.50 and 50 hhds new dark 7.30 to 12. Kentucky House 1 hhd new Burley 7.50 to 15 and 20 hhds new dark 6.50 to 10. Ninth Street House 139 hhds new Burley 7.90 to 15.75 and 10 hhds new dark 6.30 to 11.25.
MENTIONED IN THIS ARTICLE
George Eustis Eid Dine
Mercantile Library
Eewerne
Wrass
Colorado
Missouri Pacific
New York Central
Ontario & Yesten
Pennsylvania
Southers Pacific
Southern R. A
Lsrencns Pacific Ween
Uni Pacific
Eee
Eens
Amal Copper Rr
Amer
Ca & Fery
Sirican
Col Fuel & Iron
Consolidated Gas
General Electric
United States Steel
Western Union
Nwn
Ae Dd
Ate CoVy
St. L
Ckés
Gre Bay “& W. Mex. Cen. 2d Inc
B. &Q. Jil
Erie Ists
St. PB
Nas
H. R
St. P.c
Am. Spirits M
B . Brin. Y
N. H. cv
RL & P
Iowa Cen
RUSE
Nor. & W. Ds
Baghart
West
M. É Breee
Commercial Tribune
Louisville
State House
Kentucky House
New Burley
Ninth Street House
Burley
Coal market struggles persist amid cold weather and weak demand
The Black Diamond notes ongoing coal market weakness despite cold snaps and heavy shipments. Screenings remain steady, lump coal weakens, and industrial activity is cut back, with miners and dealers cautious about summer carryover and egg and stove coal shipments.
MENTIONED IN THIS ARTICLE
Chicago
Also Mentioned on This Page
Chalers
Delaware & Hudson
Ticker
Cortelyou
H. M. Beazell
W. EB. Hutton & Co
Paris
Anaconda
Baltimore Ohio
Canadian Pacific
Chesapeake & Ohio
Southern Pacific
Wabash
Amalgamated Copper
Exchange
Berlin
Treasury Statement
NEW York Mining
W. E. Hutton & Co
First National Bank
Tee
WOOL
Metals
Boston Mining
Procter & Gambie Common
Cincinnati Street Railway
Toledo Railways
Light
Columbusee
Cincinnati Gas and Electric and
Procter & Gamble
Cin. & Sub
Cin. Gas & Electric
Col. Gas & Fuel Pl
St. Ry
Gas & Electric
Col. Gas & Fuel Pf
Toledo Rys. & Light
S. F
St.Ry. i
U. S
B&f
Lorain
S. Ry. Ter
Col. Ry
Davies
Det
Railro
Big Four
Dog. m
Po C
C.R
F.W
Nor
Jom
B. G
Tol
Ur & In
Germ
Ic. Lo & N
Barton Em
Mi Miamis
N. & C.br.pr
Trith, Pr
Niles T.W
Cincinnati Clearing House
Eespteacee
Ask
Ask. Cin
Cios de
Ee Col. & Xenia
Te Bier
Little Miami
Tractio
Ohio Traction
Scioto Valley
Bo Pretty
If. Rys. & L
Telias
Hous
Brownell
Hueb
F. S. Tob
Cagrey-H
Dovist
Ch. C
Kroger
Proc. & Gam
Columbia Gas
Steptoe-Shosae
Tek
W. Powell
Om Toulds M. M
Wurlitzer
Fleisch’n
de Pref
Bar
Cin
Edison
Ham
Fay & Egan Fs
P. Oe
Ee Ee
Panama
Cent Trust
Cincinnati Bonds
Consol S. F
A. Q
J J
F A
Seeee Vo
M. N
FL A
Pere Rer
Paaton
Ry. Ter. Pie
F. A
Viaduct
J. D
Ge Eer A
F. i
Essocces
Hamilton County
Elizabethtown
Longview
Streveewer
Armory
Benson Street Bridge
Big Miami Bridge
Covington
Caecesseeseel
Prundine
Newport
Sandeseeel
Roberts, Hall & Criss
New York Stock Exchange
American Tobacco
Borden's Milk
British Columbia Copper
Otis Hierator
Ecc
A. Davis-Daly
Cotton Letters
C. J. Buddeke & Co
Union Trust
Low
Ose
Eee Ence
Ace
the German National Bank
James C. Ernst
George E. Engle
Hamilton
H. P. Colville
Fruits and Vegetables
Sangere
Santos c
Java
Japan
Dijasia
Esesees
Bacon
Bushel
N. O
Akron Crescent
Pricniggle
Scgecacss
Navy
Ueekbas
Owen
Wetereee
Seaeeeese
Sigabie
Baldwin
the Baldwin Company
W. 4Th St
Hotelhavlin
4Th St
Wieta
Louisville Tobacco