Stock Market Steady on Fostering Care of Banks
New York on Jan 28 stock prices steadied as banking and capital interests fostered support against unfavorable incidents and short interest. The market awaited the United States Steel quarterly report and dividend news from Cleveland Cincinnati Chicago & St. Louis weighed sentiment.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York
United States Steel Corporation
Cleveland
Cincinnati
Chicago
Chicago & St. Louis
Vanderbilt Company
TICKER TALK
American stocks in London firm and four percent above parity. Delaware and Hudson borrows six million dollars for five months from Kuhn Loeb and Company to meet maturing obligations. Consols and gilt edged issues remain strong in London. Northwest’s January earnings show no December improvement. US Steel employees under the profit sharing plan receive 125.40 per share on a cost of 82.50 over five years. Cash accumulation at banks outpacing prior crises. Great Northern five months ended November 30 revenues 29,916,514 with 11,123,001 after expenses. Northern Pacific December revenues 6,121,549 with 2,642,972 after expenses.
MENTIONED IN THIS ARTICLE
Delaware & Hudson
Kuhn, Loeb & Company
United States Steel
Great Northern
United States Steel Company
What Brokers Say Market Note
Brokers describe money as a drug not a factor in pricing. They note weak periods with little real liquidation and expect gradual market improvement. Copper metal gains induce short-covering in Amalgamated Copper while some feeding out in specialties suggests selling remains steadier than buying.
MENTIONED IN THIS ARTICLE
Chas. E. Bultman Company
Amalgamated Copper
H. E. Hutton & Co
Stock market closes strong amid rebound and mixed tones
New York stocks closed strong as demand improves risk appetite and prices rebound after last week decline. Analysts note a possible range of 2 to 5 points with many good turns ahead while others expect better results after the Steel statement. The Big Four dividend cut sparked a sharp price drop and wider selling, leaving the close unsettled.
MENTIONED IN THIS ARTICLE
H. M. Beazell
New York
Page & Hill
W. R. Todd & Co
Available Grain Supplies Rise and Fall Across Regions
Bradstreet’s telegrams show United States wheat east of the Rockies fell by 329000 bushels while Canada rose 71000. Total US and Canada wheat declined 258000. afloat for Europe up 2200000 and total American and European supply up 1942000. Corn US and Canada up 1518000. oats up 103000. Leading gains: Portland Maine 135100, Milwaukee elevators 90000, Minneapolis elevators 50000, Watertown South Carolina 50000. Losses: Manitoba 209000, Louisville 127000, Omaha 106000.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
United States
Rockies
Canada
Europe
Portland
Milwaukee
Minneapolis
Watertown
S. C
Manitoba
Louisville
Omaha
Boston Mining Prices Reported in Early Trading
Boston prices for mining stocks show a wide spread with Amalgamated at 52 and Isle Royale at 0 0. Calumet and Hecla rising to 665, Mohawk at 56, Granby 88, Centennial 27, and United States Steel at 33144 amid varied activity across multiple mining and oil interests.
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
Arizona Commercial
Coffee futures dip slightly as liquidation trims gains
New York trading opened steady before local buying and liquidation pressure pushed values down modestly. March contracts around 6.10 cents, May 6.?, July 6.??, September 6.35 to 6.40 cents, December 6.50 cents with spot steady for No. 7 Rio and No. 4 Santos at 8 and 9 1/2 cents respectively. Mild coffee quiet with Cordova at 14 1/3 to 15 cents.
MENTIONED IN THIS ARTICLE
New York
Rio Filge
Santos
Cordova
Cincinnati Business Notes and Society Updates
The Industrial Bureau plans an organization meeting at the Business Men's Club next Friday. Officers will be elected and tasks addressed. Visitors include A. P. Downs Pittsburg Walter Wellman Washington D C James Bell Toledo and Dr Carroll Price Louisville. A. J. Conroy leads canals committee delaying Columbus trip awaiting audience with State Board of Public Works. Delegates push bills in Columbus for Cincinnati interests including smoke abatement tax reform and canal improvements. New Bell Telephone Directory due February with about 50 600 entries. Williams City Directory canvass begins for 1908 April issue.
MENTIONED IN THIS ARTICLE
Industrial Bureau
Business Men’s Club
A. P. Downs
Pittsburg
Walter Wellman
Washington, D. C
James Bell
Toledo, C
Carroll Price
Louisville
Committee On Canals of the Associated Organizations
Columbus
A. J. Conroy
State Board of Public Works
R. R. Reynolds
G. Drach
J. C. Shaefer
State Board
Cincinnati
Bell Telephone Directory
Williams City Directory Company
Cincinnati, Hamilton & Dayto Railway Company
Uiincinnati, Hamilton & Dayton’ Railway Company
S Company
Rowm
Carew Building
Southw Corner Fifth
Vine Streets
United States Monage and Trust Company
Gage
Central Trust Company of
New York
Thomas J. Walsh
Security Demand Grows as Markets Turn Active in Cincinnati
In Cincinnati on Jan 28 clearings rose to $4,133,800 with notable gains in Cincinnati Gas and Electric and Cincinnati Suburban Telephone. The local market showed stronger quotes, heavy trading, and a record price for the utility, whileMoney remained easy at 55% for call and time loans.
MENTIONED IN THIS ARTICLE
Cincinnati
New York Exchange
Cincinnati Gas and Electric
Stock Exchange
Cincinnati Street Railway
Columbus Gas and Electric
Cincinnati and
Suburban Telephone
Cincinnati, Gas and Eléctric
K of P Lodges Plan Orphans Trip and Meeting
Hamilton County K of P officers meet in Sixth and Walnut rooms to map a sight seeing trip for Springfield Orphans Home. Cincinnati Boot and Shoe Manufacturers elect officers at the Shoe and Leather Clubrooms with Sam P. Wolf and Albert Helmers among the leaders. After the vote, luncheon follows.
MENTIONED IN THIS ARTICLE
Hamilton County
K. of P
Sixth
Walnut Streets
Springfield
Cincinnati Boot and Shoe Manufacturers’ Association
Sam P. Wolf
Albert Helmers
S. T. Hennessy
John Helming, Jr
Sam
United States Steel declares quarterly dividends
New York January 23 Quarterly dividends of 1 percent on preferred stock and 0.5 percent on common stock were announced by United States Steel Corporation. Net earnings for the quarter ended December 31 were 32,553,995 dollars, down 9,180,969. Unfilled orders stood at 4,622,553 tons, down 3,865,165. For the year, earnings totaled 160,984,477 dollars, up 4,360,202 from 1906.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York
United States Steel Corporation
Money markets firm on month end demand across world
London and Paris markets show firmer mood with gilt edge securities drawing investors. Consols advance while home rails weaken from profit taking. Japanese bonds and Mexican rails gain as foreigners buy. In Paris prices strengthen with three per cent rentes firm. Berlin shows quiet, firm Bourse with higher London exchange.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Wall Street
New York
Consols
Anaconda
Atchison
Canadian Pacific
Chicago Great Western
Chicago
Milwaukee & St. Paul
de Beers
Denver & Rio Grande
Erie
Grand Trunk
Illinois Central
New York Central
Norfolk @ Western
Botario & Western
Pennsylvania
Mines
Reading
Southern Railway
Southern Pacific
Union Pacific
United States Steel
Wabash
Paris
Berlin
Exchange
Treasury Balance Report Shows Cash and Gold Holdings
Treasury release lists general fund balances as of today with available cash $260,628,889, gold coin and bullion $29,691,540, and gold certificates $41,965,020, excluding the $150 million gold reserve.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
New York Bond Sales
Market summary lists bonds from W. E. Hutton & Co and First National Bank, detailing prices, yields, and totals for United States rail and industrial issues. Figures include Pacific coast, Reading, Wabash, St. Louis lines, and various utilities with mixed premiums and discounts across multiple issues.
MENTIONED IN THIS ARTICLE
Pa. Co
Pac
Pa. Gold
Union Pacis
SOOO
Coe
Peo
E. Ist
Pacific Con
N. J. Col
P.c
St. Louis & I. M
Wabash
Los & I. M
Brooklyn UN
St. L
Caine
Tbs
Wabash Sh Pitts. T
Tob
Istrec'ts
Wabash Pitts
Or. Pac
Nor
St. P
Fala
Re. S. L
S. L
Sly
A— Cc
Alton Prin
Ce Ban
Saben Cae
Money and Bond Markets Across New York and Boston
New York reports call money 4 percent with 60 90 and 180 day rates around 4 percent. Sterling exchange steady at 487.10 demand and 483.75 sixty day bills. Government and railroad bonds firm. prime mercantile paper 5 to 6 percent. Boston lists call loans 4 to 6 percent and a range of railroad and industrial issues with varied gains and price levels.
MENTIONED IN THIS ARTICLE
Cincinnati Clearing House
Paris
London
Glasgow
Belfast
New York
Stock Exchange
Prime Mercantile Paper
Sterling Exchange Firm
Boston
Atchison Adj
Atchison
Mexican Central
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
Union . Pacific
American ‘Arge. Chemical
American Pneumatic Tube
American Tel
Tel
American Woolen
Edison Electric Iluminating
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machine
United States Steel
Dairy and poultry markets report steady prices across regions
Chicago and New York report butter creamery and cheese prices largely unchanged with steady creameries and eggs. Kansas City notes a 2 cent rise for fresh extras with higher firsts while poultry shows mixed gains in dressed and live markets.
MENTIONED IN THIS ARTICLE
Chicago
Gables
Kansas City
Japan
New York
Michigan
Limburger
New
Traction bonds and securities listed in regional notes
A dense list of bonds and securities including various traction bonds, railroad issues, city and county notes, and preferred stock mentions. Entries reference entities such as Northern Ohio, Miami Es, Niles B P, Fay Eg, Hoover O R, and Shillite Co with prices and percentages. The fragment notes unlisted and listed securities, bond types, and percentages across multiple issuers.
MENTIONED IN THIS ARTICLE
Bullock
Fay&Eg. Com
Hoov-O-R. Pr
Niles B.-P
Do. Pr.a.&b
Ind St. Ry
Shillite Co
Pe Niles T.W
Cotton Letters Open With Steady Start and Cautious Tone
The market opened steady with a 1 to 6 point decline and active early trading. Reports that foreign mills would run part time caused traders to feel uncertain while analysts warn of a large short interest and a potential sharp upturn if buying power strengthens.
MENTIONED IN THIS ARTICLE
W. E. Hutton & Co
W. R. Todd & Co
Cotton Market Summaries Across Global Exchanges
Spot cotton remained quiet in New Orleans with middling at 12c and sales 500 on spot plus 1,150 to arrive. Liverpool and New York saw mixed futures. New York closed steady after a late rally, with losses from earlier bear pressure and reports on Lancashire mills. Prices traded lower across regions, with US and UK futures reflecting soft demand and shifting rumors about it being difficult for mills to operate at full capacity.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
New York
Manchester
Lancashire
Uplands
Gulf
Wool market moves and details from London to Boston
Wool prices hold steady in St Louis and London auctions show robust American demand. Detailed bale listings by region include New South Wales Queensland Victoria South Australia West Australia New Zealand and other areas with scoured and greasy grades and price ranges. Boston notes improved foreign wool markets and domestic fleece quotations across several grades and states.
MENTIONED IN THIS ARTICLE
ST. Louis
London
New Zealand
New South Wales
Queensland
Victoria
South Australia
West Australia
Cape of Good Hope
Natal
Boston
Ohio
Pennsylvania
Delaine
Kentucky
Iona
Missouri
Texas
Commodity Prices Reported in New York Markets
New York market summary lists prices for Adams Consolidated 0.06, Alice 2.50, Breece 0.10, Brunswick Consolidated 0.10, Comstock Tunnel 0, California and Virginia -0.68, Horn Silver 0.60, Iron Silver 0.75, Leadville Consolidated 0.06, Little Chief 0.05, Ontario 2.73, Ophir 1.8, Potosi 0.10, Savage 0.60, Sierra Nevada 0.50, Small Hopes 18, Standard 1.30.
MENTIONED IN THIS ARTICLE
New York
Adams
Alice
Brunswick
Comstock Tunnel
California
Virginia
Leadville
Little Chief
Ontario
Potosi
Savage
Sierra Nevada
Markets at Cincinnati January 28 1908 Wheat and grain prices
Minneapolis wheat and corn advance with firmer tones and steady oats. No. 2 red winter sold at 1.01, No. 3 red at .99, No. 2 yellow 58 to 58 3 4 cents, mixed ears 50 to 55 cents. Rye and hay show steady demand. whisky volumes listed. Grain inspections detail cars by type and grade.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Northern
Petro
Tim.s’d
Groceries and meats price list with assorted produce
A historical ad lists all items with bulk prices including apples per barrel 3 3.50, bananas to 2 per bunch, cranberries 2 per box, onions 60 to 65 per bush, potatoes 2.50 per barrel, pumpkins 1 per barrel, squash 1.50 per barrel, lemons 3.50 per box, oranges 2.50 to 2.75 per box, beets 15c per dozen, and various green meats and lard prices. Also mentions white lead and red lead materials and other dry goods with multiple per-quantity notes.
MENTIONED IN THIS ARTICLE
Palermo
Florida
Jersey
Proposals for Machinery at Augusta Arsenal
Sealed proposals for furnishing and delivering Electric Switchboard Motor Generating Sets Motors Air Compressor Metal War and Woodworking Machines with drive Pneumatic Hammer Electric and Overhead Cranes Fuel Oil Furnaces and related machines will be received until 3 February 1908 at Augusta Arsenal Georgia. Application blanks available from Commanding Officer.
MENTIONED IN THIS ARTICLE
Gusta Arsenal
Augusta
Georgia
Informa and Blanks
Gusta
Louisville Burley Offerings Mixed in Market Report
Special Dispatch from Louisville notes volume near average with quality mixed. Total 603 hogsheads offered, 413 Burley and 280 from other grades across nine warehouses with varied prices for new and kept tobacco at Nine Street, Louisville Warehouse, Planters, United, Central, State, and Marine Street warehouses.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Louisville
Volu
Burley
Ninth Street
Planters
United
Central
State
Marine Street
Ihidark
Also Mentioned on This Page
Altoona
American
Ae George Eustis & A Mercantile Library
Atlantic Coast Line
St. Ae
Colorado Southern
Atone
Great Recern
Ilinois Centrals
L. & N. Avvarbacsesepes
Manhattan Atoescesees Lae O M., K. & Tenes Seccse
Missouri Pacific
Casons
Ontario & Western
Setae
Southern R. R
St Paul
Texas Pacific
Wees Ae Union Pacific
Car
Biscuit Eee Nee Een Ieee
Western Union
Ticker
Northwest
Northern Pacific
J. E. Jones & Co
Boston Mining
Rogers, Brown & Co
Matthew Addy & Co
James Gary
Thomas J. Davis
Bankers’ Club
C. L. Chester
Queen City Club
Evans
Hampton Roads
Mill Creek
Special Dispatch
Col. Gas and Fort
Philip Carey
Hamilton
Union, Light, Heat and Paw
Link
Pleasant Ridge
Delhi
N.O
T.P
Col. & Xenia
Do Pol
Miami
Tractio
Cin
St. Ry
Colum. Ry
Col. Ry
Int
O.l.&t
Rys. & L
Scioto Valley
N. Edison
Columbia Gas
Fay & Egan Aid Col
Pa. Sade
U.S
Ask
Panama
Philippines
S. Casey-H
Kroger
Carey
Cin Mill Pr
Gam
Cin Torarco
Robi
Realty
Columbia Gas G
Cuyanoga Tel
G&e
W. Fowell
Toulds
Urlitzer
Fleisch
Atlas Nat
Cent Trust
Cincinnati Bonds
Onsol S. F
A. Q
J. J
A. Ba
M. N
F. A
SF Water Works
Southern Ry. Ter
J. D
Hamiltonnty
Elizabethtown
Briseteeeteeeedl
Longview
Desmams
Benson
Big Miami
Covington
Lyzee
Dea Street
Steel Trust
Corporation
Treasury Statement
Peoria, Ill
First National Bank
Motal Sales
Ham, & Lind
R. & Teuee
Railbo
F.W
N’l
Cov, & C
Nor. O
Nor.o.l
Miami Es
Securities
Colum. Sav. Co
Norw. First
Nor. Nat
Nor. Sav
S. T
Union 8
Unity
Traction St’ks— C.&c.edg
Roberts, Hall & Criss
New York Stock Exchange
American Tobacco
Chicago Subway
Tees
Dominion Copper
Havanna Tobaccom
Otis
Pete
A. P. Com
Henan
Benese
Daly-West
Canariea
Newene Davis-Daly
Cotton Letters
Buddeke & Co
Union Trust Building
Low
Cloge
nNo
Sentee Neeee
Sor Prileenee
WOOL
NEW York Mining
Haysas National Bank
Walnut Street
Arket
ADASC
Springbarley
Fruits and Vegetables
Garoiud
Iy Smt
N. Y
Timothy
Gramate ME
Warner
Neenee
Akron Crescent
Cleveland Diamond
Java
Yough
Bdb
Dr. B’s
Bushel
Nut & Slack
Pere Plaaneeeee
the. Greer Filter CO
Joseph Oreon
Fred A. Lamping
Hazen County
Bates & Meyer
America
Foster & CO
HOTEL
Havlin
Vine St
John W. Ballmann
Vine &J
Carew Bidg
Baldwin
the Baldwin Company
W. 4Th St
Hotelhavlii
City of
S. Kuhn & Sons
East Third Street
de Quartermaster’s Office
Whitehall
New York City
S Department
U U. S. Army
Pri
Wm. G. Patten
Ohio Traction Company
Walter A, Draper
Louisville Tobacco