New Low Stock Market Record Dampens Trading Activity
New York reports a yearly low in stock dealings with aggregate sales at 109,900 shares as markets show dullness amid holiday fetch and political campaigning. Bonds show life with demand for Oregon Short Line, United States Steel sinking fund, and Pennsylvania consoles. the money market remains strained while calls on cash holdings adjust.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Oregon
United States Steel Sinking Fund
Pennsylvania
Tdle
George Eustis & Co
Mercantile Library
Atchison Proceeeeens
Chicago
Colorado Southern
Erie Com
Illinois Central
Missouri Pacific
New York Central
Norfolk & Western
Northern& Pacific Tee
Ontario & Western
Rock Island Tate Hee
Southern Pacific
St. PR
Sckston
Texas
Uni
Car & Fdge
Kergsshustass
Eee
Consolidated Gas Distillers Securities
General Electric
Emoe Sciceeceesine Assepé
Tenn. C
United States Steel
TICKER TALK Bank of England holds rate as markets pause
American stocks in London drift near parity while the Bank of England keeps rates unchanged. A receiver is appointed for Norfolk and Southern. London trading is light. railroads face wage freezes for three months. Brooklyn Rapid Transit posts a gain in the last year. United States Steel plans wage cuts of five to ten percent. No demand from loan crowd.
MENTIONED IN THIS ARTICLE
Bank of England
Norfolk & Southern
Market Snapshot: Bonds in Demand as Stocks Stay Quiet
Brokers deem no change in view with stocks largely held under similar conditions. The market centers on broad bond demand across many issues including semi speculative ones while stocks remain dull. A near term upward turn is anticipated and the long side favored.
MENTIONED IN THIS ARTICLE
Charles E. Bultman Company
Page & Hill
Bank Declares First Semiannual Dividend at 2 Percent
The First National Bank of Cheviot announced its first semiannual dividend of 2 percent yesterday. Visitors in the Business Men's Club included H. Grossman and T. E. Cornelius, with others from Madison, N. and Canton. Also noted are personnel moves and upcoming banker events across Cincinnati and Ohio.
MENTIONED IN THIS ARTICLE
First National Bank of
Business Men's Club
H. Grossman
New York City
T. E. Cornelius
St. Louis
G. B. Lewis
M. Copeland
Madison
Ind
John Rule, Jr
Canton
Ignatius Kugel
National Association of Wine and Spirit Representatives
Niagara Falls
Bettman-Johnson Company
Kugel
Markets in London Berlin Paris and Calcutta Slip on July 2
On July 2 trading was dull across major markets. London stocks eased with easier money boosting gilt prices, while Canadian Pacific remained firm and bonds softened. Berlin and Paris showed firmer but thin activity, with rate cuts in Calcutta.
MENTIONED IN THIS ARTICLE
Berlin
Exchange
London
Paris
Calcutta
Bank of Bengal
Caution Advised in Market Commitments Says W. E. Hutton
W. E. Hutton & Co urges prudence in investments amid uneven conditions and rising values. They recommend limiting purchases to securities of merit and delaying commitments until reasonable price declines appear.
MENTIONED IN THIS ARTICLE
W. E. Hutton & Co
Market Stays Dull Yet Bond Demand Rises
The market shows dullness with a firm undertone as bond demand strengthens while prices move higher. H. M. Beazell notes the improving allure of fixed income despite modest overall activity.
Railroads Hope for Faster Earnings as Slower Growth Persists
Roberts Hall Criss notes earnings are not rising yet and warn continued weak growth could threaten many smaller railroads. They express cautious optimism for improvement in the near future.
MENTIONED IN THIS ARTICLE
Roberts, Hall & Criss
Global Central Banks Report Mixed Money Movements
Paris reports show increases in notes in circulation and bills discounted while deposits fall and gold and silver holdings drop. Berlin records cash reductions with loans and discounts rising and Treasury bills up. London notes reserve decline with mixed shifts in circulation bullion and deposits. reserve ratio falls to 44.47 percent from 51.17 percent.
MENTIONED IN THIS ARTICLE
London
New York
Treasury Department
National City Bank
Paris
Bank of France
Treasury
Berlin
Imperial Bank of Germany
Bank of England
Dry goods market steadies with firm cotton and silk
In New York on July 2 the dry goods market lingered into a late holiday. Cotton goods hold firm with an advancing trend in staples. Cotton yarns sell moderately. Men’s lines for spring will open July 13. Raw silk remains steady and fairly firm, except coarser grades in Japan.
MENTIONED IN THIS ARTICLE
New York
Japan
Treasury balances report near 237.9 million cash
Treasury releases July 2 statement showing available cash 237,924,885. gold coin and bullion 31,312,318. gold certificates 35,314,190. figures exclude the 150 million gold reserve.
MENTIONED IN THIS ARTICLE
Washington
Treasury
New York Bond Sales A. T. & Co. Listings Declares Totals
Bond sales reported by W. B. Hutton & Co show a wide list of issues from A. T. & Co. and various railroads and utilities. Totals reach about 2,914,000 with mixed yields around 81 to 108 percent and multiple issuers including M. P., N. Y. Cens, and L. S. & M. S. across diverse maturities.
Money and Bond Movements in New York and Boston Markets
New York reports call loans at 1 percent with time loans 1 to 3 percent and prime mercantile paper at 4 percent. Sterling is steady with bankers' bills around 486.95 and 485.75, silver at 53.5 cents, Mexican dollars at 46 cents. government bonds steady, railroad bonds irregular. Boston shows call loans 2 to 3 percent, time loans 3 to 4.5 percent. list includes Atchison, Boston & Albany, Union Pacific, and American and Edison stocks with varied bids and asks.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Boston
Atchison Adj
Atchison
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
N. Y
Union Pacific
American Sugar
American Telephone and Telegraph
American Woolen
Domino
Iron and Steel
Edison Electric Illuminating
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machinery
United States Steel
London tin and copper markets mixed on July 2
New York reports a dull London tin market with spot at £124 and futures £125 5s and copper up in London yet weak locally as producers resist concessions. Lead and spelter show slight changes while iron values rise in London. St Louis lists lead at $4.35 and spelter at $4.35.
MENTIONED IN THIS ARTICLE
New York
London
Cleveland
Northern
Southern
Southern Soft
ST. Louis
Stock table of mining names and prices in Boston
Boston lists a noon session of mining stocks with prices including Amalgamated Daly-West United Copper Michigan Montan a Coal and Coke Osceola Isle Royale Granby Parrot Qu otes show varied values. totals include Calumet and Hecla United States Oil Arizona and Nevada firms among many others.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Allouez
Amalgamated
Bingham
Calumet & Hecla
Centennial
Copper Range
Daly-West
Franklin
Granby
Isle Royale
Massachusetts Mining
Michigan
Mohawk
Montana Coal and Coke
Old Diminion
Osceola
Parrot
Quincy
Shannon
Tamarack
Trinity
United Copper
United States Mining
United States Oil
Utah
Vittoria
Winona
Wolverine
North Butte
Butte Coalition
Nevada
Calumet
Arizona
Arizona Commercial
Greene Cananea
Roberts, Hall & Cris
New York Stock Exchange
American Tobacco
Borden
British Columbia
Tenet
Chicago Subway
Colonial
Reese
United
Seeteene
Daly West
Trinity Ooo
Crreen Cananea Eentwes
Davis-Daly
Cun
Ely
Turpentine and Rosin Prices Across Atlantic Markets
Reports from Charleston Savannah and other cities on July 2 show turpentine steady or firm with varied grades and prices. Rosin quotes advance across A to N grades with window glass and water white values. shipments and receipts tallied in dozens to hundreds of barrels. Oil prices noted in Toledo with North Lima at 1.04 and South Lima Indiana at 99 cents.
MENTIONED IN THIS ARTICLE
Charleston
Savannah
Oil City
Wilmington
Toledo
North
Lima
South Lima
Indiana
Coffee futures open steady amid higher European markets
New York July 2 The coffee futures market opened with a 510 point advance, spurred by firmer European markets and local buying. Activity increased with 34,400 bags sold across several months and spot steadiness, while the world visible supply on July 1 stood at 14,126,000 bags.
MENTIONED IN THIS ARTICLE
New York
Rio
Local municipal traction stocks drive Cincinnati market
Market notes show traction stocks on the move with Cincinnati Street Railway active and premiums buoyed by municipal demand. Bond and government quotes mix with light industrial trading as money remains readily available.
Cotton Market Sags Across New York Orleans and Liverpool
New York trading closes steady after a broad decline as holiday liquidation weighs on futures and spot markets. Old crop activity remains dull. New Orleans and Liverpool reports signal weaker demand despite favorable weather.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Liverpool
New Orleans
Houston
Gulf
Rice Market Shows Strong Demand Amid Tight Supplies
Reports indicate active demand for Honduras and Japan rice with foreign sorts in demand at firm prices. New Orleans sees good demand but limited, poorly assorted stocks as the new crop progresses. receipts and sales figures for Louisiana and Carolina crops show a tight market and rising forward shipment interest.
MENTIONED IN THIS ARTICLE
Honduras
Louisiana
Texas
Talmage
New Orleans
Charleston
Carolina
Dairy and Poultry Market Snapshots Across Cities
July 2 market notes show butter steady in New York and Chicago, eggs mixed with varied receipts, and cheese weak in New York with multiple grades priced. Kansas City reports steady egg prices, while poultry markets across states list alive and dressed prices for spring chickens fowls and turkeys.
MENTIONED IN THIS ARTICLE
New York
New State
Pennsylvania
Kansas City
Chicago
Young Americas
Ohio bank buys bonds for street and sewer issue
Washington C. H. July 2 The Commercial Bank of this city won the $13 500 four percent street and sewer bond issue paying a $10 premium. No other bidders.
MENTIONED IN THIS ARTICLE
Washington C. H., O
Commercial Bank
Washington C. H
Iron and coke markets show steady demand and favorable outlook
Weekly activity centers on finished iron and pig iron with strong steel foundry demand. Coke remains active with year-long contracts and improving railroad shipments reduce idle cars. Prices for Southern coke and Lake Superior varieties are listed with cash FOB Cincinnati as supply expectations rise.
MENTIONED IN THIS ARTICLE
Rogers, Brown & CO
Connellsville
Cincinnati
Iron Trade Shifts Toward Faster Shipments and Rebound
A furnace trade comment notes sentiment has driven early iron purchases in May and that orders are now fuller with a rising demand for quick deliveries. Despite a lull in buying, overall activity shows improving conditions and more normal trade expectations for both buyers and sellers.
Wool Prices and Grades Reported in St Louis Market
ST LOUIS July 2 Wool firm medium grades combing and clothing 18a20c light fine llalec heavy fine llal2c washed 2a2ic.
MENTIONED IN THIS ARTICLE
St.’ Louis
Louisville Tobacco Market Report Sparks Wide Price Range
July 2 report from Louisville shows offerings across all warehouses. Burley tobacco totals 116 hhds with 34 in Burley and 2 in dark. original inspection 109 hhds. reviews 7 hhds. rejections 7 hhds. Burley prices rise from 10 to 17 dollars while Dark grades range 6 to 11.75 dollars.
MENTIONED IN THIS ARTICLE
Globe
Commercial Tribune
Louisville
Burley
S. Burley Tobacco
Also Mentioned on This Page
United States Treasury
United States
Ticker
Brooklyn Rapid Transit
C. BE. White
Union Gas and Electric Company
Doherty Gas and Electric
Clifton Reeves
Reeves Engine and Machine Company
Trenton
N. J
Cincinnati Industrial Bureau
Reeves
R. P. Risenberick
Board of Water Works Commissioners
Judson Harmon
C., H. & D. Railroad
J. H. Simpson
Rifenberick
Thousand Islands
F. R. Williams
William Rowe
Samuel Richardson
F. J. Mayer
Edward Seiter
Lochet
Max Mosler
Leopold Kleybolté
W. C. Wachs
Thomas Davis
Canadian Pacific
Anaconda
Baltimore & Ohio
Chesapeake & Ohio
Chicago Great Western
Milwaukee & St. Paul
DeBeers
Denver & Rio Grande
Erie
Grand Trunk
Louisville & Nashville
Missouri, Kansas & Texas
Rand Mines
Reading
Southern Railway
Wabash
Amalgamated Copper
H. M. Beazell
Treasury Statement
W. B. Hutton & Co
First National Bank
Cove
A. T
Pareets, W. i
Aoa
A. Tr& T. Co
Arch. Ev
Doe
Man. Con
St’d
M. S
Mo. Pac
N. At
Knox
M. P
O. R
Logie
Caer Ls
Ps Pr
W.-I
St. le & Wwen
Sea Board A. L
Onal
Reree
Div
Bier
Iowa
C.F
Uy U. P. Ev
Ibo
Lack
Steel
Metals
Boston Mining
New York Exchange
Newport & Covington Light and Traction
Cincinnati Street Railway
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Kroger
Columbus and
Columbus, Newark
Abattoir
T.s
T. Pf
Gas and Electric
Cincinnati School
Troy
Columbus
Columbus (Co
Beurnes Janes
Ask
Panama
Cincinnati Clearing House
Glasgow
Ecs
Esce
Reich- Goope Cicc
Dececdikig
The
Allaveren
Iullu WD
Ask Cin. Int. Ry
Col. & Xenia
Little Miami
Traction Ay Cin
Dane Oe
Ohio Traction
Sas
St. Ry
Colum. Ry
T. Big. & Bys
Col. Ry. & Li
Rys. & le
Scioto Valley
Int
Nor.o.l.& T
Eetee
N. O
Ohio
S. Tol
Miami & Ger
Industr' Am. R. Mill
Bar, & Smith
Brownell
Casey-H
Globe- Wer
Ham. Mo. Tool
Sy F. Pr
Hous. Stan.pr
E . Lr
Ph. Carey
Ph&fm
Powell Pr
Wurlitzer
Tee
Cent Trust
Sts. J. J
Eieip Hak Aed
F. A
Iétes
Gilbert W
Hunt St
Hamilton County
Elizabethtown Bridge
Longview
Armo
Eeee Benson Ae
Newport Onde
Securities
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Dog. m
G.r.&f.w
ILR
F.W
Am. Nat
City Hall
Sit
Cosmopolitan
Trust
N’l
N’l.Npt
Colum. Bank Law. Co
Amer
Oak L.pr
jAmer
Bullock
Fay& B.com
Hoov-O-R
Niles B.P
Do Pr.a. ‘&B
Ook
Shillito Co
Niles T.W
U.S. Lith
C. J. Buddeke & Co
Union Trust Building
Ose
Sccccees
Sanuaty .Occodeceese
IMA
Rch
Seves Pecae
Ohio Bank
W. W
Spring Street
Int. Pay. Price & Int. A
Financial Statement
Squire, Sanders & Dempsey
Breed & Harrison
First National Bank Building
Hamilton
Toledo, O
Paulding Co
Ashtabula
O. Columbus
Dayton
O. Elyria
O. Newark
Wellsville
Vite
Durant, Oklahoma
Thompson-Brown Company
S. Kuhn & HN & Sons, Bankers
East Third ST
Southern Coke
Grey Forge
Lake Superior
Jackson County
Tidewater
Foundry
Plain Foundry
Gray Forge
Basic
Virginia
Dade
Matthew Addy
WOOL
Chattanooga
Tennessee
Cincinnati Southern Railroad
the Union Savings Bank and Trust Company
Dresden
Weil, Roth & CO
East Fourth ST
Baldwig Fiano
Baldwin Company
W. 4Th St
Steinway
Our Savior’s
Norwegian Evangelical Lutheran Church
Th. Luther
August Evenson
H. C. Hansen
Hans E. Rask
John Olsen
Cleveland Council of Jewish Women
Bertha Stearn
Bella A. Weiner
Kalinda H. Joseph
Augusta Halle
Rebecca Moses
Eureka Continuous Railroad Crossing Company
Scioto Stone Company
Newtun Transfer and Storage Company
Union Hardware Company
Marietta
Louisville Tobacco