Stocks Rise Amid Dreaded Happenings and Bank News
New York stock action defied fears as prices rose despite rumors of trouble in major banks. Traders covered shorts on news of a bank receivership and government antimerger moves, while Treasury deposits and evolving banking clarity supported confidence. Northern Pacific and St Paul showed strength on rail progress and grain movements, with American Smelting rebounding before profit-taking trimmed gains. Bond demand grew as funds loosened, with par value 6,158,000 and U S 2s slipping slightly.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York
National Bank of North America
Washington
Harriman
Shorts
Bank of North America
State Banking Department
Clearing House
United States Treasury
Nothern Pacific
St. Paul
Pacific Coast
Northwest
United States
Ticker Talk and Market Outlook Across Nations
Americans in London trade irregularly and mostly under parity as London settlement starts tomorrow. A plane for the Mexican Central merger with the National Railway of Mexico nears completion. Demand for stocks remains light in loan crowds. Birmingham authorities say a turning point has been reached in the Southern iron market.
MENTIONED IN THIS ARTICLE
Mexican Central
National Railway of Mexico
Birmingham
What Brokers Say Today on Stocks and Bonds
A collection of market quotes shows brokers noting early strength in stocks despite selling linked to Harriman and banking news. Bonds remain sturdy, with some suggesting they are good buys during stock downturns. Analysts report no decisive news, while trading desks anticipate profit-taking and potential gains as money seeks investments.
MENTIONED IN THIS ARTICLE
Harriman
W. R. Todd & Co
Bank of North America
Mining stock prices and changes from Boston list
Boston dated January 27 reports a mixed list of mining stocks with varying prices and percentages including Adventure 2 percent Allouez 31 Amalgamated 505 percent Atlantic 1314 Bingham 6 Calumet and Hecla 660a670 Centennial 27 Copper Range 3 percent Daly West 9 Franklin 10 percent Granby 85 Isle Royale 2544 Massachusetts Mining 4 Michigan 12 percent Mohawk 56 Montana Coal and Coke 114 Old Dominion 87 percent Osceola 88 Parrot 13 percent Quincy 88 Shannon 13 percent Tamarack 73 Trinity 16 United Copper 6 percent United States Mining 33 United States Oil 10 Utah 89 percent Victoria 6 Winona 5 Wolverine 175 North Butte 50 Butte Coalition 19 Nevada 10 Calumet and Arizona 112 Arizona Commercial 19 percent.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Allouez
Amalgamated
Atlantic
Bingham
Calumet
Hecla
Centennial
Copper Range
Daly-West
Franklin
Granby
Isle Royale
Massachusetts Mining
Michigan
Mohawk
Montana Coal and Coke
Old Dominion
Osceola
Parrot
Quincy
Shannon
Tamarack
Trinity
United Copper
United States Mining
United States Oil
Utah
Victoria
Winona
Wolverine
North Butte
Butte Coalition
Nevada
Arizona
Commercial
New York Mining Prices Reported In New York
New York Jan. 27 Adams Con. .05 Alice 2.50 Breece .10 Brunswick Con. .10 Comstock Tunnel .26 Con. California and Virginia .68 Horn Silver .50 Iron Silver .75 Leadville Con. .06 Little Chief .05 Ontario 2.25 Ophir 1.75 Potosi .10 Savage 256 Sierra Nevada .48 Small Hopes .20 Standard 1.70.
MENTIONED IN THIS ARTICLE
New York
Adams
Alice
Brunswick
Comstock Tunnel
Con
California
Virginia
Leadville
Little Chief
Ontario
Potosi
Savage
Sierra Nevada
Standard
New York Bond Sales Market Report
A dense OCR summary lists various New York bonds and issues including N Y C 44s 1917 B and O 4s Cc Cc C. & 8, Ly M. & O. 6s, West 4s, Mex. Cen. Ist. inc., Pa. ev 1915 rects, and numerous corporate and railroad issues with prices and yields such as 108% 5,000 and 89% 36,000. The long ledger shows totals around several hundred thousand dollars with percentages and 100% par references for different securities.
MENTIONED IN THIS ARTICLE
N.Y. C
Cen
Ist. Inc. Pa. Ev
Non Col. Indus
Bkiya, R. T
Caer
Gasco, Deb
Apanese Sistence És
Cam
Adéams
C. Tr
Lea
Hide Tae
Aeaees
Te . Y
N. H
Directors to be elected at Little Miami Railroad meeting
Four directors of the Little Miami Railroad Company will be elected at a stockholders meeting in the Fosdick Building today. The Cincinnati College of Finance on railroad transport and demurrage under EB Williamson opened last night with good attendance. The Bell Telephone Company plans to absorb Citizens Telephone Company of Batavia, which went to a receiver two weeks ago with debts of 21000. Visitors to the Business Men's Club included Hibbers, Mallner, Wade, Hurlburt, Randolp, Dickenson, Dorestien, and Powell. The Pittsburg Stock Exchange opening drew favorable comment, with local bankers hoping for improvement when the exchange opened.
MENTIONED IN THIS ARTICLE
Little Miami Railroad Company
Fosdick
Cincinnati College of Finance
Eb, BE. Williamson
Receivers and Shippers’ Association
Bell Telephone Company
Citizens’ Telephone Company
Batavia, O
Business Men's Club
F. H. Hibbers
Louisville
R. J. Mallner
Erie
Levi Wade
Murphysboro
Tenn
Mack Hurlburt
Ft. Dodge
C. T. Randolp
H. C. Dickenson
Chicago
J. B. Dorestein
New York
Pittsburg Stock Exchange
Pittsburg Exchange
College of Finance
E. E. Williamson
William J. Taylor
Park and Boulevard
Associated Organizations
Business Men’s Club
Columbus
Val Duttenhofer
Henry Ratterman
W. B. Poland
George Puchta
William Falway
Max Senior
John Shuff
Otto Geier
A. J. Conroy
W. 8. Merrill
John Keeley
Cincinnati
H. C. Urner
Recitations and elections color city events tonight
Retail Dry Goods Association members enjoy an evening of readings on Rou 19, with Miss Blanche Dieschbourg pupils and Cincinnati Conservatory musicians aiding. Meanwhile Advertisers' Club officers vote tonight at Grand Hotel from 7 to 9, under C A Culbertson as judge and Kreidler and Pinch as clerks using the Australian ballot.
MENTIONED IN THIS ARTICLE
Retail Dry Goods Association
Rou
Blanche Dieschbourg
Cincinnati Conservatory of Music
Advertisers’ Club
Grand Hotel
C. A. Culbertson
William E. Kreidler
Will L. Pinch
Foreign Bourses Report Mixed Tax on Gold and Stocks
London's money and discounts were easy with the Bank of England supplying gold. Gilt-edged securities rose while home rails weakened on realizations. Copper declined, Argentines fell on unrest, but Japanese bonds and Paris trades held firm. New York openings steadied American securities before noon losses. Continental markets closed quiet and steady amid mixed results with rates and discounts outlined.
MENTIONED IN THIS ARTICLE
London
Bank of England
Stock Exchange
Paris
New York
Atchison
Baltimore & Ohio
Canadian Pacific
Chesapeake & Ohio
Chicago Great Western
Chicago
Milwaukee & St. Paul
Denver & Rio Grande
Erie
Grand Trunk
Illinois Central
Louisville & Nashville
Missouri
Kansas & Texas
New York Central
Norfolk & Western
Ontario & Western
Pennsylvania
Rand Mines
Reading
Southern Railway
Southern Pacific
Union Pacific
United States Steel
Wabasha
Berlin
Exchange
ST. Petersburg
Money and bond rounds in New York and Boston markets
Financial notes from New York and Boston dated January 27 report money on call easy at 2 per cent, bankers bills near 487, Sterling firm around 487, Mexican dollars at 44 4, bar silver 55 3 4, and government bonds easy. Boston markets list call loans 4 to 6 per cent, various railroad and utility stocks and bonds with mixed quotes, including Atchison, Union Pacific, and United States Steel, among others.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Sterling Exchange
Boston
Atchison Adj
Atchison
Mexican Central
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
N. Y
Union Pacific
American
United States Steel
Special Dispatch
Commercial Tribune
St.louis
New York Exchange
Dry goods market in New York shows steady improvement
The New York dry goods market remained generally quiet on January 27 but showed a steadier tone. Cotton goods in gray, bleached, and colored are selling more, dress goods and men's wear for fall are being opened, jobbers' trade is tighter, manufacturers are buyers yet cautious, and overall conditions are notably better than two weeks prior.
MENTIONED IN THIS ARTICLE
New York
Coffee futures close steady in New York trade
The New York market closed steady for coffee futures with March around 6.10 and September near 6.15. The report notes prices held firm amid mixed guidance, while nearby contracts showed minimal movement and steady demand across the board.
MENTIONED IN THIS ARTICLE
New York
Cordova
Treasury balances show cash, gold in 1927 figures
Washington January 27 Treasury general fund balance details list available cash 265,917,897 dollars, gold coin and bullion 31,081,666 dollars, and gold certificates 40,351,620 dollars, excluding the 150 million dollar gold reserve.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Commodity prices on Clover seed and timothy at Toledo
Toledo wire reports January 27 list Clover seed prices for January, February and March at 11 dollars and ten ninety for April, and October 7.45. Timothy prime priced at 2.25. Alsike prime priced at 10.40.
MENTIONED IN THIS ARTICLE
Toledo
Clover Seed
Timothy
Alsike
Money Easy Wit Little Demand Bonds Continue Active
Cincinnati and suburban telephone issues draw strong prices while market depicts steady demand for bonds. City clearings show 4,587,350 with New York, Chicago and St Louis quotations. bonds traded across municipal issues and utilities with several sales reported.
MENTIONED IN THIS ARTICLE
Cincinnati
Cincinnati Gas and Electric
Columbus Gas and Fuel
Cincinnati Street Railway
Stock Exchange
New York Exchange
Unlisted Bank Stocks and Bonds in 1900s Market Snippet
The fragment lists numerous financial instruments including railroad bonds Big Four 4s and C.R.&F.W. 7s with prices, unlisted bank stocks such as Am. Nat. Bk and City Hall Cit. Nat., industrials like Amer. Book and Am. Oak L, and traction bonds for Ind. St. Ry. along with various pref. shares and securitized notes. Pricing hints and ex-dividend notes appear scattered.
MENTIONED IN THIS ARTICLE
Am. Nat
Cin. Trust. Ag
Cit
First N
Ger. N'l
Npt
Norw. First
Nor. Nat
Nor. Say. Bk
Prov
S. T
Union S. & T
Unity
Traction St’esc.&C.edg
CATTLE IN GOOD DEMAND AT CINCINNATI MARKET
Cincinnati market on January 27 1908 reports a fair cattle run of 1519 with strong demand and higher prices for prime beef stockers and cows, while hogs run 4821 with prices mixed as buyers and sellers battled on early trading. Regional quotes show varied values across steers cows calves and bulls. Local and outside demand supported steady to stronger prices compared with last week and year.
MENTIONED IN THIS ARTICLE
New York
Panama
Cincinnati Clearing House
Paris
Wales
London
Glasgow
Belfast
S.s
Stock Exchange
Chicago
Liverpool
Ohio
New York State
ST. Louis
Kansas City
Commercial Tribune
East Buffalo
Pittsburg
Minneapolis grain markets show steady Demand and firm prices
Wheat No 1 Northern closes at 1.09 percent amid quiet wheat trade. Corn demand remains fairly active and steady while oats and rye hold prices under moderate offerings. Hay sales occur inside prices with strong demand at minimum quotations. flour and whisky show firm markets. Grain inspections list varied grades across wheat corn oats rye and hay with numerous car lots reported.
Fruit and Meat Prices From Local Market List
A fragmented price list shows apples per barrel from 3.50 to 3.50, bananas 1.25 to 2 per bunch, beets 1 per dozen, cranberries 2 per box, cabbage 1.15 per barrel, lemons 3 to 3.50 per box, oranges 2.50 to 3 per box, onions 60 to 65 cents 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 0.35. Gasoline and various lead products appear among other commodities, plus beef by the barrel and green meats including hams and ribs with mid-range prices.
MENTIONED IN THIS ARTICLE
Florida
Jersey
Fragmentary historical notes on poultry and animal supplies
A garbled OCR snippet lists items like tails and wings, goose quills, green salt, pepper boxes, dry salt, horse and sheep-related goods, and glue. The text mixes poultry parts, butchers, and various commodity labels without coherent context or complete details.
MENTIONED IN THIS ARTICLE
Aia
Cotton Letters Signal Steady Start Then Decline
Local cotton market opened steady with 3 to 5 points gains as trading stayed active. A broad liquidation and pressure pushed the market down about 20 points. The main news cited Germany mills agreeing to part time operation. Analysts anticipate higher prices before spring once labor issues are settled, arguing against selling below spot values in the South.
MENTIONED IN THIS ARTICLE
Germany
W. E. Hutton & Co
W. R. Todd & Co
Cotton Market Briefs Across New Orleans and Liverpool
Cotton trading in New Orleans and Liverpool was unsettled with spot prices mostly steady to lower. New Orleans quoted middling around 12 1/2 cents with losses late. Liverpool and New York showed nervous, barely steady closes amid weak speculative support and German textile pullback. Futures opened steady in New Orleans but declined on liquidation and bank news, while Liverpool offered mixed futures with broad declines across contracts.
MENTIONED IN THIS ARTICLE
New Orleans
New York
Mississippi
House of Representatives
Sedan
Fai
Liverpool
Also Mentioned on This Page
George Eustis
Perenne Library Railroads
N. High. Siow. Close
Atlantic C. L
B. & O Neewene
Cc. & O. Weenanee
Ee Pacific
Gilieago G. W
Col. Southern Eee
del. & Hudson
Erie Com. Peevbatepeewe
L. A
Rock Island
South Pacific
Paul A
Eenee
Texas Pacific
Consolidated Gas
General Electric Dist. Securities
Daftah Taeks Cocbus
People's Gas Pr
Steel Car Co
Steel Springs
Aseetaweetereeeaee
Steel
Ticker
London Settlement
H. M. Beazell
Wall Street
Page & Hill
Jix
Charles E. Bultman
J. E. Jones & Co
Boston Mining
NEW York Mining
Peoria
First National Bank
Tye
Total
J. C. Hobart
Transportation Committee of the Associated Organizations
Louisville &Nashville Railroad
Music Hall
National Canners’ Association
E. N. Roth
W. B. Melish
Treasury Statement
Gas and Electric
U. S. Printing
T.pfd
St. Bernard
Delhi (O
Middltown (Co
Ask. , Cin
Col. & Xenia
Little Miami
Ask
C.N. Ac
Cin
St. Ry
Colum
B.G
Col. Ry
Rys. & L
Globe Soap
Ces and
Vergens
Globe-Wer
Bar. & Smith Ws
Ham. Ma.Tool
Bly & Not
Hous
Stan
Brownell
Cagey-H
Kroger
Sine v. & S
C. Ctf
Nat
A. F
Carey Pr
S. Pel
Oaers
Fenoe & In
Columbia Gas
Cuyanoga
Am. G. &Bh
W. Powell Pr
Oulds M. M
Wurlitzer
Fleisch’n
F. A
M. N
F Besis
I. A
Eseta
Enn
Eee
Southern
Ry. Ter
Water Works
Water Works Oe
Antest Wa Water Works
J. D
Benson Street Bridge
Big Miami Bridge
Covington
J. J
Newport Bonds
Ailentoe Seealiia
Ston Ee Mt. Au
C.n
Dayton
Ohio Do
Ur& Thi
Ham, & Lind
Mi. & Germ
C.r.&f.w
Industr
Dayton & M
Miami
Securities
Eagle
Oak L
AL Bonds
Bullock
Fay&Eg. Com
Hoovle- R
Niles-B.-P
Do Pr.a.&b
Ind. St. Ry
Shillito Co - Do
U. S
Roberts, Hall & Criss
New York Stock Exchange
Stocksine Ask
Borden's
Bae
British Columbia
Chicago Subway
LL Dominion Copper
Otis Elevator
United Er
A. P
Ty Eens
Breed & Harrison
S. Kuhn & Sons
Third Street
Minneapolis
Northern
Do City
Iran
Fruits and Vegetables
Palermo
Calves— Belect
Iss
C. Esas Rough and Com
N.Y
Dr. B’s
Bia
Peveres
Essencesceres
Akron Crescent
Cleveland Diamond
Harrodsburg
Weil, Roth & Go
East Fourth'st
Baldwin
the Baldwin Company
Hotelhavlin
Procter & Gamble Company
H. L. French
Cotton Letters