Stock Speculators Hope for Revival Leave Market Disappointed
NEW YORK July 6 There were hopes by professional speculators for an active revival in the stock market but the day ended with a meager showing. Early gains dissolved as selling pressure rose and the market declined. United States Steel influenced sentiment but failed to rally despite Paris reports, while government crop and weather signals offered little support. Total sales were 4 404 000 par value, with US bonds steady to down.
MENTIONED IN THIS ARTICLE
New York
New Stock Exchange
United Sates Steel
Paris
Ankers
United States
Ndas
Ked
Illinois
Missouri
Ohio
Argentina
Senate
Wall
United. States
Traction Issues Slow as Gas Stocks Hold Steady in Markets
The day’s trading shows Cincinnati Gas and Electric firm in open market with slow calle trading. Traction issues remain slow while Kroger and Procter & Gamble attract large blocks. bonds and money rates ease with easy call loans at 4 percent and time loans at 4 1/4 percent.
MENTIONED IN THIS ARTICLE
Columbia Gas and Electric
Cincinnati Gas and Delectric
Cincinnati Street Railway
Kentucky
Kroger
Procter & Gamble
New York Exchange
Ticker Talk Followed by Mixed Market Signals
Ministers of Finance back the tariff bill conference as Steelcom list moves forward. Market notes show firmer trading during holidays with Harriman stocks showing strength. Erie’s improved condition prompts early issue talk. Repor ts from mercantile centers cite improving conditions in western agricultural hubs as block seats trade at 87,000 dollars. Copter exports for May reach a high.
Money on call and bonds steady in New York Boston markets
New York reports easy money on call at 14 alpercent and rates easing to 2 percent for sixty days. Rates for ninety days reach two and a half percent while six months stand near 3 percent. Sterling exchange is heavy with bankers bills at about 486.60 to 488. Commodities include bar silver at 51 3 4 cents and Mexican dollars at 44 cents. Boston notes show call loans at 1 percent and time loans from 3 to 5 percent with
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
Boston
Atchison
Bang
Boston& Maine
Boston Elevated
Union Packrge Chemical
Fitchburg
Por N. Y
American Telephone and Telegraph
American Woolen
Dominion Iron and Steel
Edison Electric
Massachusetts Electric
Stock market list of mining and related company bids
A Boston market report lists numerous mining and related company bids with fractional and whole percentages or prices. Names include Calumet and Hecla, Anaconda objects, Parrot, Quincy, Arizona Commercial, United Copper, North Butte, and others with varied bid values.
MENTIONED IN THIS ARTICLE
Boston
Maass
Adventure
Allouez
Amalgamated
Arizona Commercial
Atlantic
Bingham
Butte Coalition
Calumet and
Arizona
Calumet
Hecla
Centennial
Copper Range
Daly-West
Franklin
Granby
Greene Cananea
Isle Royale
Massachusetts Mining
Michigan
Mohawk
Montana Coal and Coke
Nevada
Old Dominion
Osceola
Parrot
Quincy
Shannon
Tamarack
Trinity
United Copper
United States Mining
United States Oil
Utah
Wolverine
North Butte
New York Mining Prices at Brunswick Comstock In Brief
New York mining prices listed for July 6 show Alice 1.9 Brunswick Con .6 offered Comstock Tunnel Stock .25 Comstock Tunnel Bonde .18 Con . Cal. and Va. 8 Iron Silver 1.45 Leadville .04 Little Chief -07 offered Mexican 1.00 Ontario 3.50 Ophir 1.4 Standard 1.75 Yellow Jacket .75.
MENTIONED IN THIS ARTICLE
New York
Brunswick Con
Comstock
Comstock Tunnel
Con. Cal
Leadville
Little Chief
Ontario
Treasury balance report shows gold reserves totals
Washington July 6 statement lists the general fund balance at 122,208,179 dollars with 37,598,856 dollars in gold coin and bullion and 930,000 dollars in gold certificates.
MENTIONED IN THIS ARTICLE
Washington
The
Treasury
General Fund
New York Bond Sales Report From Districts
Bond market activity shows a total of 4,415,500 in recent sales with figures noted by W. B. Hutton & Co and First National Bank Building. Details reference Pac, C., R. J. & P. and city offerings, though OCR text is garbled.
MENTIONED IN THIS ARTICLE
W. B. Hutton &Co
First National Bank Buiding
Pac
City Tien
Chamber of Commerce meeting notes and local updates
Fr iday meeting of the Chamber of Directors discussed actions with George B Cox and Mrs Cox heading to French Lick Springs for a ten day visit. Stockyards Bank declared a semi annual dividend of 5 percent and added 5 000 to the surplus bringing it to 25 000. Visitors to the Chamber of Commerce included Frank Williamson from Monroe Ohio J R Picton Covington W Z McCauley city C Culbertson Vevey Ind. Flour fell ten cents a barrel in Cincinnati market amid anticipated further declines due to new wheat imports. W H Kapfman chairman of the Advertisers baseball committee called a rally at Ludlow Baseball grounds next Friday for a game between two club member teams.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
Frank Williamson
Monroé
J. R. Picton
Covington
W. Z. McCauley
City
Culbertson
Vevay
Ind
W. H .Kapfman
Advertisers’ Club
Ludlow
Chamber names officers on waterways committee in Miami and Gulf question
President Charles El Roth of the chamber named James J Héekin W A Bennett and P M Gale to a committee on waterways. The group will meet on call to discuss the Miami and Hio canal and lakes to the gulf waterway issue. Visitors at the Business Men's club included O B Heather A Mitchell Lexington Ky B F Logan C J Johnson Pineville Ky A B Lincoln Detroit J Watson Sims East Orange N J W F Mandel New York James Miller Atlanta Allen Meadows F C Petri Nashville Tenn A B Diss Cleveland. Gordon Gilpin, formerly Cincinnati Traction assistant superintendent, becomes general superintendent of Shoe properties in Lima Ohio J F Van Leuven district superintendent Cincinnati Traction will succeed him here.
MENTIONED IN THIS ARTICLE
Charles el ‘Roth
The
sChamber of Commerce
James J. Héekin
W. A. Bennett
P. M. Gale
Miami and Hiio
Business Men's Club
Heather
A. Mitchell
Lexington
B. F. Logan
C. J. Johnson
Pineville
A. B. Lincoln
Detroit
J. Watson Sims
East Orange
N. J
W. F. Mandel
New York
James Miller
Atlanta
Allen Meadows
F. C. Petri
Nashville
Tenn
A. B. Diss
Cleveland
Dairy and poultry price report across markets
New York notes butter receipts 18 608 lbs with prices 26 cents and 18 24 cents ranges for Western and state creams. Eggs at 28 30 cents fancy white. Kansas City reports creamery butter 24 cents and extras 21 ¾ cents. St Louis markets list chickens fowls turkeys ducks and geese with small varied gains. Chicago shows steady butter 2 1/2 to 3 cents and eggs 18 to 20 cents with cheese firm and poultry mixed.
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New York
Pennsylvania
Kansas City
ST. Leoquis
Dairies
Wool auction opens in London as buyers flock
The third series of wool auction sales began in London with many buyers including Americans. Poor offerings reduced prices with good wools steady while faulty stock and Punta Arenas declined. Offerings totaled 11,611 bales from New South Wales, Victoria, West Australia, Tasmania, New Zealand, and Cape regions. demand centered on Home and French spinners and some American purchases.
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London
Punta Arenas
America
New South Wales
Victoria
West Australia
Tasmania
New Zealand
Cape of Good Hope
Natal
Burley tobacco sales fall at Louisville preaks
Only about six hundred pounds of Burley tobacco were sold at local preaks in Louisville Kentucky today Prices ranged from 14 76 to 16 50 per cwt with limited trading and slow interest for the day Terms and buyers not fully reported in this dispatch indicating a muted market atmosphere.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Louisville
Unlisted Clerks Payton Amounts Mentioned
Fragmentary OCR notes show names and percentages unclear. Mentions Day Ur 103 percent Kentucky Central 4s 101 percent. No coherent event or outcome discernible from readable text.
MENTIONED IN THIS ARTICLE
I Jc
Payton
Day
Market reports show steady futures. cotton prices rise
Following hot Texas conditions and lack of rain relief, futures closed very steady with gains. Liverpool and New York markets posted higher prices as buyers absorbed offerings, with July to December contracts advancing and southern spot markets showing gains despite heavy realized selling.
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Rey Cra
Beles Texas
Texas
C.cecceeesees
Cevesseeesee
ccCeeerems
Ccc
Cccesreeeeees
Liverpool
Ergy
New York
Realizin
Lancashire
Porta
New Orleans
Gulf
Turpentine and Rosin Prices and Receipts Across Cities
Reports from New Orleans Toledo Oil City Wilmington Charleston Savannah detail July 6 receipts and price levels for rosin turpentine and related products. Prices range from 42 1 2 percent turpentine in Charleston to up to 5 05 for M rosin with firm or steady markets in several ports.
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New Orleans
New York
Rotterdam
Hamburg
Toledo
North Lima
South Lima
Indiana &c
Oil City
Wilmington
N. C
Charleston
S. C
Savannah
Rosin Firm
Metals market summary from New York and St Louis
The London tin market rose to £181 15s with futures £133 5s while New York spot eased to 29.00 to 29.10 dollars as copper slipped in London and locally was dull. Lead fell in London to £12 17s 6d but stayed dull around 4.35 to 4.45 dollars locally. Spelter held firm at £21 17s 6d and 65.45 dollars locally. Iron and fish iron prices showed small changes with various grades quoted. Lead and spelter in St Louis were dull at 4.35 and 5.30 to 5.35 dollars respectively.
MENTIONED IN THIS ARTICLE
New York
London
Cleveland
Northern
Southern
Southern Goft
ST. Louis
Coffee futures rise on firm start in New York market
Coffee futures opened firm with gains up to 10 points as overseas markets rose. Near month shorts showed nerves, July strengthened on covering while bulls controlled near term business. Havre and local market closed steady to 50 points higher with multiple contracts and spot prices listed.
MENTIONED IN THIS ARTICLE
New York
Havre
France
Rio
Santos
Cordova
Cotton goods market shows sharp advance in New York
New York July 6 cotton goods market rose with raw cotton gains. Heavy canton flannels up ½ cent per yard and fine cambrics up ½ cent. Many lines withdrawn pending price revisions. Yarns up to a pound. Dress goods opened for spring up about 10 percent on serges and 15 percent on wood batistes. Large buyers active but cautious.
MENTIONED IN THIS ARTICLE
New York
Foreign Bourses Steady Across Paris and Berlin Trade
Paris prices on the bourse were steady with three percent rentes at 97f 67% and London exchange quoted at 25f 18% for checks. Berlin trading was quiet yet prices stayed firm with London exchange at 20m 24p for checks and money at 3 percent. private discount rate 2 percent.
MENTIONED IN THIS ARTICLE
Paris
Exchange
London
Berlin
Cincinnati Wheat and market report for July 6 1909
Cincinnati markets report supplies prices and receipts for July 6 1909. Wheat No 1 Northern closes at 1.26 and 1.37 for new and old track. corn and oats show easy demand. rye nominal. hay steady with good demand. Reports include grain inspections, receipts and shipments for apples lemons bananas lumber butter cattle and more with numerous price figures.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Northern
Whbeat
D.s. m
Prices for Fruits and Vegetables Listed in Local Market
A local market advertises apples at 3.50 a4 per barrel and assorted produce with prices for bananas cherries cucumbers lemons oranges onions potatoes peaches raspberries string beans squash turnips and other items. The listing includes various sizes and quality grades across multiple fruits and vegetables.
MENTIONED IN THIS ARTICLE
California
Florida
Grain supplies in U S and Canada show declines
New York July 6 reports the visible grain supply in the United States for Saturday July 3 at 9 756 900 bushels of wheat 3 210 000 bushels of corn 6 281 000 bushels of oats 157 000 bushels of rye and 649 000 bushels of barley with decreases from the prior week. Canada shows 2 674 000 bushels of wheat and a 42 000 bushel drop.
MENTIONED IN THIS ARTICLE
New York
United States
Canada
Seed Cash Prices and Prime Figures Tied to Markets
The brief notes corn prices and cash seed values are listed with figures like 6.60 for October and December contracts, March at 7.10, plus a prime amount of 3 and a prime of 7 for related commodities. The entry is terse and market-focused from Ledo dated July 6.
MENTIONED IN THIS ARTICLE
Ledo
Clovar
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