Evidence of Overstrain in Bull Movement in Stocks
New York June 2 The bull movement in stocks showed signs of overstrain after a strong first hour with heavy Union Pacific volume and a rise to 150 The market later failed to push higher as selling intensified Stocks ended firm with some recovery while bonds were irregular Total sales par 3 766 000 United States bonds unchanged on call
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Union Pacific
St. Paul
Reading
Southern Pacific
Missouri Pacific
Gould
United States Steel
Harriman Pacifics
Weather Bureau
United States
George Eustis
Sie
Mercantile Library
Sean Tee Caearian
Atlantic Coast Line
R. T
Canadian Pacific
C. C
C & St
Chicago G. W
Illinois Central
Ie L. Dssesser
Manhattan
Os Et Mo
New York Central
Norfolk & Western
Northern Pacific
Ontario & Western
Pennsylvania
Eecaee Rock Island
St. Pau
Spaetew
Texas Pacific
Toledo & 8S
Wahbasn Aeteee Ee
Col. F. & Iron
General Electric
North American People's Gas
Pacific Mail
Ry. Steel Sprin
Tenn & I
United States Steeltenseee
Western Union
Tae Eee
Ticker Talk London Firm and Higher
Reports from general business continue very encouraging. The biggest Wall Street interests are all taking time money. Carnegie steel officials confirm the report that the price of steel bars for delivery up to October 1 has been cut. Southern Pacific shows net decrease for April of $351000, while Union Pacific shows net increase of $455000.
MENTIONED IN THIS ARTICLE
Wall Street
Carnegie Steel
Southern Pacific
Union Pacific
What Brokers Say Market Report Card
The article summarizes a bullish market opening with advances led by Union Pacific and Southern Pacific, followed by profit taking and a heavier balance. It cites professional trading, a powerful semiprovenches group, and tactics as crop conditions and business confidence rise. New York stocks hit new highs before retreating slightly, closing with a modest recovery.
MENTIONED IN THIS ARTICLE
New York
Page & Hill
Changes in grain supplies world wide and locally
Bradstreet's reports show Wheat supplies down 4 954 000 bushels overall with declines in the United States and Canada and Europe while Corn and oats show mixed shifts. Major decreases include Manitoba 427 000 and Chicago elevators 305 000 with Portland Maine and St Joseph reductions and Ft Worth modest gains.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
United States
Rockies
Canada
Europe
Chicago
Portland
St. Joseph
Ft. Worth
Boston Mining Dow Jones style quote list
Boston June 2 market note lists mining stocks with varied percent changes and prices including Ohio, Calumet, Bingham, Isle Royale, United States Mining and Nevada entries. Multiple companies show gains and losses across copper, coal and oil sectors.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Allouez Amalgamated
Atlantic
Bingham
Calumet and
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
Clover Seed Prices in Toledo Market
In Toledo on June 2 the market quotes Clover seed at October $7.50 and December $7.45, indicating futures pricing for planting season.
MENTIONED IN THIS ARTICLE
Toledo
New York Bond Sales Reported by W E Button and Co
Bond market roundup lists diverse issues including Missouri Pacific and Southern Pacific notes, Wabash firsts, and Central Leather 4s with varied yields. Details show multiple maturities and par values, reflecting active trading and price changes in the New York scene.
Stockholders Meeting Postponed to June Ninth
The Toledo Bowling Green and Southern Toledo Urban and Interurban stockholders meeting was postponed from yesterday to June 9 to allow committees more time. Visitors at the Business Men's Club included John Nichols Danville E Rooney Pittsburg W R Baird New York PF Conroy St Louis and Charles Leon Cleveland J L Opper Minneapolis. Cincinnati League directors meet today to consider sending a delegate to the foundrymen convention in Toronto next week with other business on the agenda.
MENTIONED IN THIS ARTICLE
Toledo, Bowling Green & Southern
Toledo Urban & Interurban
Business Men’s Club
John Nichols
Danville
E. Rooney
Pittsburg
W. R. Baird
New York City
PF. Conroy
St. Louis
Harles Leon
Cleveland, O
J. Lopper
Minneapolis
Cincinnati League
Toronto
Brewers Conven tion Set for Milwaukee Next Week
The United States Brewery Association plans its annual convention in Milwaukee next week. Delegates to attend will be chosen at Friday’s Brewers' Board of Trade meeting held at the Sinton Hotel.
MENTIONED IN THIS ARTICLE
United States Brewery Association
Milwaukee
Brewers’ Board of Trade
Sinton Hotel
Milwaukee convention draws notable lumbermen from region
Among the attendees are William Buckley E. L. Edwards B. F. Dulweber T. J. Moffett L. C. Banning W. A. Bennett and W Freiberg The Cincinnati Lumbermen's Club supports restoring the 1905 grading system and delegates will push for its adoption at the meeting.
MENTIONED IN THIS ARTICLE
Milwaukee
William Buckley
E. L. Edwards
B. F. Dulweber
T. J. Moffett
L. C. Banning
W. A. Bennett
W.freiberg
Cincinnati Lumbermen’s Club
Union Gas chief resigns for Hartwell plumbing role
John Franklin, after eighteen years as Superintendent of the Union Gas and Electric Company, resigns to join the Franklin Plumbing and Heating Company in Hartwell. The Gas Company officers present him with a gold watch and chain.
MENTIONED IN THIS ARTICLE
John Franklin
Union Gas and Electric Company
Franklin Plumbing and Heating Company
Hartwell, O
Gas Company
City Sinking Fund Trustees Approve Bond Refinancing Plan
The Sinking Fund Trustees approve refunding the $835 000 Southern Railway 7 per cent bonds due November 1 this year and issue $600 000 bonds on July 1 at 4 per cent to fund the refunding. They accept from the City Auditor Pike street condemnation bonds 26000 street repair steam rollers 6000 and 28000 bonds for street improvement. They reject the $500 000 Water Works improvement bond offer.
MENTIONED IN THIS ARTICLE
Southern Railway
Pike Street
Stewart Shillito elected director of Mutual Life NY
Stewart Shillito was chosen to replace Charles Lanier on the Mutual Life Insurance Company of New York board due to Lanier’s ill health. The election was announced yesterday with all other rear directors re-elected on Monday and no opposition to the administration ticket. Ninety three policy holders voted. In December 1906 the international policy holders committee opposed the administration ticket and drew 305000 votes.
MENTIONED IN THIS ARTICLE
Stewart Shillito
Mutual Life Insurance Company of
New York
Charles Lanier
Administration
International Policy Holders’ Committee
Foreign Bourses Show Broad Market Gains Amid Easy Money
London shares rose on generous liquidity despite a $5 million Pennsylvania bond payment. Consols and colonial issues led gains with American securities rallying on Wall Street. Copper and rail stocks moved. Berlin opened firm while Paris followed New York’s cue with strong trading and firmer prices.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Wall Street
Union Pacific
Canadian Pacific
Hudson Bay
New York
Anaconda
Atchison
Baltimore & Ohio
Chesapeake & Ohio
Chicago Great Western
Chicago
Milwaukee & St. Paul
de Beers
Denver & Rio Grande
Erie
Grand Trunk
Illinois Central
Louisville & Nashville
Missouri, Kansas & Texas
New York Central
Norfolk & Western
Ontario, & Western
Pennsylvania
Rand
Reading
Southern Railway
Southern Pacific
United States Steel
Wabash
Amalgamated Copper
Berlin
Paris
Exchange
Traction Shares Dominate Cincinnati Market On June Trade
Traction shares drew the day’s buyers in Cincinnati led by Cincinnati Street Railway and Cincinnati Newport Covington Light and Traction with both issues advancing amid strong demand. Bond activity quiet with Street and Sewer 4s and Water Works 4s steady, and Cincinnati Newport Covington First 5s trading near 105. Call loans 4 to 5 percent, time loans 5 percent amid steady clears.
MENTIONED IN THIS ARTICLE
Cincinnati Street Railway
Cincinnati, Newport & Covington Light and
Kentucky Tractions
Procter & Gamble Common
Columbus Railways
Little Miami
Cincinnati
Newport & Covington
Omaha
Council Bluffs
New Orleans
Texas Pacific
New York Exchange
Morning Call
Cin. Street Railway
Procter & Arp
P.c
New York
Ask
Cincinnati Clearing House
London
Glasgow
Berlin
Pelee
Obs Accasien Sfaahins Cas
Eae Wixty
Cceddsrconwenss
Sight
H. Cg
Else
Butes Sevecetmoape
Paris
Ask Cin. Int
N.C
T.P
Ss Cal. & Xenia
Cin. & Ham
Ess
C.N. Ac
Ohio Traction
Cin. S. Ry
Globe Soap
le Lee
Sochemn
Globe-Wer
eAz Smith
Ham. Mo. Tool “Boldt Gl
Hin
Hous
Stan
Casey-H
Kroger
Roberts, Hall & Criss
New
York
Nat
American Tob
Ph&fm
Ph. Carey Pr
Borden's_ com
Tobacco
Millypr
Proc
Gam
Columbia Gas
Butte Coalition
Rob'n Realty
Chicago Subway
Col. Gas & P
Stentoe-Sh
Dominion Copper
Kavahies
Gold Hill Ip
Qt. S. Tel
Ham
G.&f
Ww. Powell Pr
M. M
Wurlitzer
Havana Tech
Fleisch
Otis Elevator
United Copper
A. P. Com
Cincinnati Bonds. Co
Consol
J. J
Butte
F. A
Utah Consolidated
M. N
Green Cananea
Davis-Daly
Wee
Southern Ry
Elyste
J. Saaeee
Gilbert W
Hunt St. W
Ewene
Hamilton County
Elizabethtown
Longview
Henen mi
Seeease
Covington
Coffee futures open steady with slight gains in New York
The New York market opened steady to up five points with minor middle session irregularities as European demand and local trade support kept the tone firm. Close shows prices steady to five points higher, with 15 2500 bags traded including June at 6 10c and September at 6 0c, December up 6c.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos
Cordova
Shorts
Wall Street
Oklahoma
New Orleans
Houston
Uplands
Gulf
Egg and dairy price report from multiple markets
Market wires show eggs steady with fresh extras around 16 cents and current receipts 13 cents in Kansas City. Chicago notes butter firm at 19 to 23 cents, cheese easing to 11% to 10% cents, eggs steady to firmer, and poultry slightly weaker in live weights. New York reports firm butter with varied receipts, steady cheese, firmer eggs, and mixed poultry prices for live and dressed stock.
MENTIONED IN THIS ARTICLE
Kansas City
Chicago
Turkeys Inc
New York
Pennsylvania
Copfee
Santos
Japan
Ohio
Michigan
Bbl
California
N.Y
Dr. B
Treasury balances report shows available cash and gold holdings
Washington June 2 Treasury balances in the general fund exclude the $150 million gold reserve. Available cash stands at 241,474,525 with gold coin and bullion valued at 22,400,519 and gold certificates at 41,780,740.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Railroad and Unlisted Securities Snapshot
A dense list of railroad bonds, unlisted securities and bank stocks with prices and yields. Includes items for Ohio lines such as Dayton & M and Miami & Ger, several 4s and 5s, plus traction stocks and industrials with pries and pref. notes.
MENTIONED IN THIS ARTICLE
N. D
Col. Crosst
Dayton
Tol
Ham. & Lind
Miami & Ger. i
Southern Ohio
Eagle
Amer
Fay & Becom
Oak L. Pr
Bullock
Hoov-O-R
Niles B.-P
Cotton acreage and condition reports released by Agriculture
The Department of Agriculture released initial cotton figures for the season, estimating 32,081,400 planted acres with 79.7 percent condition on May 2. The data compare with last year’s 32.0 million acres and 76.5 percent condition, noting slight increases overall and detailing state by state acreage and condition percentages.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
Wipsinia
Worth Carolina
South Carolina
Wootsom- Bissesceassiesence
Alabama
Louisiana
Arkansas
Tennessee
Mebbouil
Cotton Market Steady as Prices Hold After Mixed Reports
Cotton markets in New Orleans and New York rose after favorable crop data and weather signals. All regions reported firm to higher futures with steady spot prices and active interest, while Liverpool noted gains amid strong buying and speculation.
Markets in Ginginnati June 2 1908 snapshot
Cincinnati reports quiet wheat and dull flour while corn and hay show modest price changes. No. 2 red winter wheat sold at 94 44 cents and various corn, oats, hay, and whisky lots noted with grades and tonnage. Grain inspections list multiple cars by grade and condition.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Enmeneers
Rec. c
Orang
Dr.f
Ibsee
Grocery and meat price list with varied items
The document lists per unit prices for fruits vegetables and meats. Items include apples oranges lemons bananas potatoes onions cucumbers cabbage and more with prices by pound crate or bushel. Also shows green meats and feed prices such as calf beef and clover timothy with arrival or store pricing.
MENTIONED IN THIS ARTICLE
Messina
Palermo
Florida
Feathers and purges list items and prices
The fragment lists various feather items including rooster tails wings tails and wings with prices. It notes purges skirts and shorts tails and wings and pointers as well as long goose quills with per unit costs.
Bar Steel Prices Drop Across Steel Market
A $4 per ton cut in bar steel price goes into effect immediately in Cleveland. John R. Scott of Carnegie Steel confirms the reduction based on the Pittsburg rate of 1.60 per hundredweight, lowering to 1.40. The move affects manufacturers stock and may trigger further cuts in bar iron.
MENTIONED IN THIS ARTICLE
New England
St. Louis
Cleveland
Bar Steel
New York
John R. Scott
Carnegie Steel Company
Pittsburg
Money on Call and Bonds Steady Across Markets
Markets report easy money on call at 14 to 1 percent with slight easing in time deposits. Sterling weak. bankers’ bills near 486.95 to 487.05 for demand. Government bonds steady while railroad issues show irregular trading. Boston notes show mixed bids and asks across utilities and industrials including Edison Electric and United States Steel.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Sterling Exchange
Boston
Atchison Adj
Atchison
Boston & Albany
Fitchburg
Mexican Central
N. Y
Union Pacific
Chemical
American Sugar
American Telephone and Telegraph
American Woolen
Dominion Iron and Steel
Edison Electric
Illuminating
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machine
United States Steel
Dry Goods Trade Shows Strong Sales in New York Market
Large sales of gray and brown cotton goods go to jobbers and converters while prints and ginghams, staples and fancy, are exported. Cotton yarns remain firm in price as ed goods and duck fabrics see good export demand. Linings, satins, pertalines rise. woolen and worsted trades show moderate gains.
MENTIONED IN THIS ARTICLE
New York
Wool Market Reports and Quotation Notes Across Cities
In St Louis and Boston wool markets firmer but not higher, with mixed activity. Ohio and Pennsylvania fleeces and washed delaine lead the domestic quotes, while three eighths and quarter blood combing, fine unwashed, and scoured Texas grades appear in varied ranges. Prices given in cents per pound with monthless timing implied.
MENTIONED IN THIS ARTICLE
ST. Louis
Boston
London
Ohio
Pennsylvania
Delaine
Kentucky
Indiana
Missouri
Texas
Oil and Turpentine Market Roundup Across Cities
Toledo reports North Lima oil at 1.04 and regional prices. Charleston lists turpentine and rosin quotes with multiple grades and tiny sales. Savannah shows turpentine firm at 28. and rosin bids with several price points. Wilmington notes spirits turpentine, rosin, tar, and crude turpentine prices with recent receipts.
MENTIONED IN THIS ARTICLE
Toledo
North
Lima
South Lima
Indiana
Oil City
Charleston
Savannah
Jushe
Rosin
Wilmington
Commodity prices list from New York market notes
The New York market report shows prices for Alice, Breece, Brunswick Consolidated, Comstock Tunnel, and other issues. Bond and stock quotes include Ontario at 5.50 and 2.70, Standard at 1.75, Yellow Jacket at 0.65, with several minor shares and commodities cited.
MENTIONED IN THIS ARTICLE
New York
Brunswick
Comstock
Cal
Leadville
Ontario
Cotton Seed Oil Prices Reported in New Orleans
New Orleans June 2 prime cotton seed oil listed at 47 cents per pound.
MENTIONED IN THIS ARTICLE
New Orleans
Also Mentioned on This Page
Ticker
H. M. Beazell
W. E. Hutton & Co
W. BR. Todd & Co
Boston Mining
W. EB. Hutton & Co
First National Bank
Sea
Ames
Vile
Mo. Pac
Southern
Pacine
New York Exchange Soarce
Commercial Tribune
Special Dispatch
Louis
The
AL Bonds
Bar. & Smith
Cin. Mace
Fay & Egan
Col
Pa. Bridge
Treasury Statement
Central Trust and Safe Deposit Co
Brown Shipley & Co
East 4Th St
Walnut St
Incorporated Trust Company
Tin Ua
Big Four
G.r.&f.w
Dayton & M
Miami
Bright
Trust
Hall
Cosmopolitan
First N’l
N’l
Colum. Bank
Sav. Co
C. Br
Liverpool
Bureau
Y C. J. Buddeke & Co
Union Trust Building
Teenenee Seer
Pesecdesees Sekt
Ee A
Peoria
Ginginnati
Fruits and Vegetables
Timothy
ORIO
Akron Crescent
Bbi
Baldwin
the Baldwin Company
Stein Ana Wainut
Columbus Gas and Fuel Company
G. C. Scott
City of
S. Kuhn & Sons
East Third Street
General Merchandise
Saocs
WOOL
NEW York Mining