Wall Street Sentiment Improves Amid Brighter Prices
A Commercial Tribune dispatch from New York notes a firmer stock market tone with prices rising as selling subsided. Crop outlook and weather reports buoyed traders, while gold flows between Paris and London and banking views on note inflation stirred debate. Erie earnings growth and Union Pacific activity supported buying, and American Smelting rallied on dividend expectations. Bonds remained irregular with $1,090,000 par value traded.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York
Wall Street
Erie
Union Pacific
Harriman
United States
American stocks show weakness in London trading
Ticker notes American shares in London trading weak and near parity levels. American Car and Foundry increases its common dividend to one percent quarterly. May stock transfer tax shows an 86 percent drop. Copper purchases delayed by consumers while loan demand remains strong. Exchange strength and looser money suggest heightened gold activity. Amalgamated Copper preferred reports over nine percent earnings for the fiscal year.
MENTIONED IN THIS ARTICLE
Amalgamated Copper
Brokers’ outlooks flag cautious bets on autumn gains
Finance houses describe current levels as attractive for dividends, urging conservative purchases on reaction days. Trading shows more buying than selling amid wheat price drops and cotton market softness. Short interest covers aid late rally, and firms foresee a fair advance with June July disbursements rebounding tea markets.
Market Mix Guides Investors Through Fluctuating tides
Insiders warn against aggressive selling while urging caution to buyers as stocks show a rebound. Analysts from Hutton, Bultman, Jones & Co and Beazell describe a two sided market with calls to buy on dips and await moderate setbacks before purchases.
MENTIONED IN THIS ARTICLE
H. M. Beazell
Market quotes for mining shares in New York
The New York price listing shows Adams Con .10, Alice 2.2 percent, Breece .20, Brunswick Con .38, Comstock Tunnel .2, Con. California and Virginia .65, Horn Silver 1.4, Iron Silver 2.45, Leadville Con ., no Chief .06, Ontario 3.00, Ophir 1.65, Potosi Savage .42, Sierra Nevada .34, Small Hopes .35, Standard 2.25.
MENTIONED IN THIS ARTICLE
New York
Adams
Brunswick
Comstock Tunnel
California
Virginia
Leadville
Ontario
Sierra Nevada
Sugar Prices Steady in New Orleans Market
In New Orleans on June 4 sugar held steady with open kettle at 3 1/2 to 3 3/4 cents and centrifugal yellow at 3 1/2 to 4 1/4 cents. Molasses remained quiet with a new syrup price around 3 1/2 cents.
MENTIONED IN THIS ARTICLE
New Orleans
Grain futures quotes for Clover seed and Timothy listed
Toledo markets show Clover seed cash at 9.25 and October 8.27 percent December 8.20 and March 8.20. Alsike priced at 8. Timothy at 2.35.
MENTIONED IN THIS ARTICLE
Toledo
Alsike
Timothy
Cotton Area Near Steady Amid Poor May Condition
Reports from the Crop Reporting Board indicate U S cotton acreage for 1907 near last year at about 32,060,000 planted or to be planted, vs 32,049,000 in 1906. May 25 crop condition averaged 70.5 percent, below 2006 and 1905 levels but near ten year average.
MENTIONED IN THIS ARTICLE
Paris
London
National City Bank
Commercial Tribune
Washington
Crop Reporting Board
United States
States
Virginia
N. Carolina
S. Carolina
Georgia Ee
Florida
Tennessee
Missouri
Oklahoma
Investors Buy Traction Stocks Amid Small Gains
Investors concentrated on Toledo Railways and other traction shares, with Toledo Rys. & Light trading 10 to 100 share lots and holding at 27. C N C preferred and Detroit United Railways plus Cincinnati Street also contributed to the day’s volume while bonds remained quiet.
MENTIONED IN THIS ARTICLE
Toledo Railways
Detroit United Railways
Cincinnati Street
Columbus
Cincinnati Gas
Col. Gas and Fuel Pr
Toledo Rys. & Light
Cin
Gas and Electric
Street Ry
Nee
Morning Call
Toledo Rys. and
Light
Cincinnati Realty Pr
Fremont (O
Mahoning County
Nelsonville
Onan
Paulding County
Kenton County
Paris
Detroit United Rys
House
New York Exchange
New York
Gates Reports Crop Damage Overstated despite Rain Hit
John W. Gates returned from the Southwest saying crop damage reports are exaggerated. Wheat damage is likely 2 to 6 percent, while cotton suffered from unusually heavy rains.
MENTIONED IN THIS ARTICLE
Gates
Commercial Tribune
New York
John W. Gates
Cotton market notes from 75 to 70.5 percent condition
Market commentary reports cotton conditions at 75 percent down from a prior low and 70.5 percent the lowest on record. Analysts from Foster, Hutton & Co, A O Brown & Co, and W R Todd & Co vary on buy or hold strategy, predicting further declines may be temporary as the season advances.
MENTIONED IN THIS ARTICLE
Foster & Co
W. BE. Hutton & Co
A. O. Brown. & Co
W. R. Todd & Co
Cotton market shocks traders on first crop report
The New York cotton market swung wildly after the government crop report with a sharp early drop, a late rally, and a close steady net down 14 to 22 points. Spot turnover was active with 800000 bales traded. Prices in New Orleans and Liverpool mirrored the day’s volatility.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Liverpool
Metals Markets Steady to Lax Across Regions
Lead held at 5.85 locally with Spelter firm at 6.40 while London tin fell to 185 15s spot and futures near 182 10s. Copper and iron traded mixed in London and New York, with spot copper around 96 15s and 24 to 25 dollars for lake metal locally, and iron prices easing in England.
MENTIONED IN THIS ARTICLE
ST. Louis
New York
London
Lake
Standard
Cleveland
North
Treasury report shows available cash balance at 161.9 million
Washington June 4 Treasury report lists the general fund excluding the 150 million sold reserve with available cash balance of 161 nine million and remaining figures including gold certificates.
MENTIONED IN THIS ARTICLE
Washington
The
Treasury
General Fund
Railroad Bonds and Securities Listing Excerpt
Excerpt shows Big Four bonds and Do notes with prices around 99 to 106, along with C.H. and D 4s, Dayton and Un. issues, and various traction and industrial securities. Mentions ex-dividend note for St. Ry. bonds amid broad market listings.
MENTIONED IN THIS ARTICLE
Globe
Bar, & Smith
By & Npt
Ham
Tool” Bridge
Brownell
Hiney F
Hous
Casey-H.pr
Kroger
Lil Cin
Nat
A. F
Ph. Carey Pr
Mili
Ferg
Col
Rob’n Realty
Atlas
Cincinnati
Consor
J. J
Blias
Saber Eagle
Ios
Io Southern Ry
M. N
Southern Ry
Eenseeeenenee Water Works És A
Steer Reese
Hamilton County
Elizabeth Bridge
Benson Street Bridge
Big Miami Bridge
Covington
Wwe Savy
Ees
Atteet
Steed Ewer Er Ene Water Works
Newport
Industrl
Big Four
Dog
St. Ry
Foreign Bourses Report Mixed Gains and Declines
The London market showed firm money demand and strong discounts amid post liquidation pressure with British securities slipping to new lows. Tokyo and American issues fluctuated as New York quotes steadied markets and lifted prices late. consols dipped then closed firmer. London and Paris indicated cautious optimism against a backdrop of strike news and currency shifts.
MENTIONED IN THIS ARTICLE
London
S Stock Exchange
Rio Tintos
Canadian Pacific
Grand Trunk
New York
Anaconda
Atchison
Baltimore & Ohio
Chesapeake & Ohio
Chicago
Ontario & Western
Pennsylvania
Rand Mines
Reading
Southern Railway
Southern Pacific
Union Pacific
United States Steel
Wabash
Berlin
Paris
Money and Bond Rates Across Cities on June Fourth
New York reports money on call steady at 2 percent with time loans higher at 3 to 5 percent. Prime mercantile paper 5 9 sticky. Sterling exchange fir with banker bills at 486.80 to 486.85 for demand. Boston shows call loans 3 to 5 percent and various railroad and misc. bonds and stocks trading, including Atchison 4s near 92.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Sterling Exchange Firm
Boston
Atchison Adj
Atchison
Mexican Central
Boston & Albany
Massachusetts Gas
United Fruit
United Shoe Machine
United States Steel
Butter and Eggs Prices Across Cities Report
Butter steady with moderate demand in Chicago Philadelphia and New York markets. Eggs steady at or near the mark with various case readings and regional differences noted. Cheese on the decline or steady by region while poultry prices show live values and dressed contrasts in several markets.
MENTIONED IN THIS ARTICLE
Chicago
Philadelphia
New York
Pennsylvania
Kentucky
Tennessee
Kansas City
Wool market steady amid limited demand for domestic wools
Wool market reports steady prices in St. Louis and Boston with trade confined to foreign wools and scarce reliable domestic stock. Quotations list Ohio and Pennsylvania fine to medium grades, delaine and merino types, and mixed blood fleeces with prices ranging roughly from 20 to 88 cents per pound for various categories.
MENTIONED IN THIS ARTICLE
ST. Louis
Boston
Ohio
Pennsylvania
Delaine
Michigan
Kentucky
Indiana
Missouri
Texas
Oil and turpentine market notes from Wilmington Savannah and Oil City
Wilmington reports spirits turpentine and rosin steady with modest receipts. crude turpentine fixed at 3.50 to 5.25 with 522 barrels. Oil City shows balances, runs and shipments totaling 177 398 barrels. Savannah prices and ranges listed with little activity and turpentine and rosin again reported as nothing doing.
MENTIONED IN THIS ARTICLE
Wilmington
Oil City
Savannah
June
N& Tas
Cotton goods market shows firmness after government report
The New York dry goods market reacts to government cotton statistics with added firmness. Cotton yarns rise to sprinters' levels as converters complain of higher gray goods costs. Printed goods and wide sheetings advance, while staple lines trend up and men’s spring wear opens near last season prices.
MENTIONED IN THIS ARTICLE
New York
Coffee futures open steady with gradual gains on strong demand
New York June 4 The coffee market opened steady with a small decline on one month and a firmer tone later as cables and buyers supported prices. Trading showed 33 000 bags sold with June at 5 55c and other months quoted between 5 40c and 5 50c. Spot quiet Rio No 7 Santos No 7 Cordova Sal2c.
MENTIONED IN THIS ARTICLE
New York
Rio No
Santos
Cordova
Boston Mining Markets Move as Stocks Show Mixed Values
Boston market roundup reports varied gains and losses across multiple mining stocks. Notable changes include Amalgamated down to 34, Calumet and Hecla at 798, and United Copper up to 57 while several others slip, with Arizona and Nevada listings among the listed copper and oil concerns.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Allouez
Amalgamated
Atlantic
Bingham
Calumet
Hecla
Centennial
Daly-West
Franklin
Granby
Isle Royale
Massachusetts Mining
Michigan
Mohawk
Montana Coal and Coke
Old Dominion
Osceola
Parrot
Quincy
Shannon
Tamarack
United Copper
United States Mining
United States Oil
Utah
Victoria
Winona
Wolverine
North Butte
Butte
Coalition
Nevada
Arizona
Arizona Commercial
Strong Prices Prevail in Cincinnati Live Stock Market
Cincinnati June 4 1907 cattle receipts small and prices strong Dry fed stock met demand with top steer at 6.30 per cwt Hogs firmer due to light run with best lots at 6.27% calves and lambs also active with firm to higher quotes across regions including St Louis Chicago Omaha and Kansas City markets
MENTIONED IN THIS ARTICLE
Cincinnat
Ciseesan Vdnece
Ieee
ST. Louis
Texas
Chicago
New York
Omaha
Kansas City
East Buffalo
Best
Commercial Tribune
Pittsburg
Wheat and Flour Markets Mixed as West Weather Impacts Trade
New York reports show flour receipts 2350 bbls with exports 3316 bbls and a dull market. Wheat futures slipped after early lows, then recovered. spot prices for No. 2 red around 1.01 to 1.03 on fob afloat. Minneapolis and Duluth offer mixed grain notes with No. 1 Northern wheat near 1.00, first patents at 5.05 to 5.15 for flour. Corn and oats stay firm in spot trade, with nearby futures firmer on weather news.
MENTIONED IN THIS ARTICLE
New York
Minnesota
Duluth
Ohio
Northwestern
Kansas
F. O. Db
Commercial Tribune
Baltimorde
Cmnc
Kansas City
Milwaukee
Minneapolis
ST. Louis
East Track
New Ohio Firms Formed in Columbus Incorporations
The Nunvar Optical Company of Cleveland with $5000 capital lists Adolph G. Nunvar Norton T. Horr Mary F. Nunvar Viola L Hatcher and E Umbslaltter as organizers. The Audrey Club of Cincinnati is formed by Ey F. Weidner B F Higdon A W Pigne guy A W Underwood and Walter lL Woycke. Guggenheim Company in Cleveland with $50000 capital includes Sol D Guggenheim Samuel L Guggenheim Lena Guggenheim Henry Morris and E S Geismer. The Bank of Elmore in Elmore C with $25000 capital lists John H Magee J B Netcher Jacob Yearling R A Willett and others.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
Nunvar Optical Company
Cleveland
Adolph G. Nunvar
Norton T. Horr
Mary F. Nunvar
Viola L Hatcher
E. Umbslaltter
Audrey Club of
Cincinnati
Ey ¥ F. Weidner
B. F. Higdon
A. W. Pigneguy
A. W. Underwood
Walter Ll. Woycke
Guggenheim Company
Light Week Opening Tobacco Market With Quiet Trading
The initial tobacco market of the week opened with light offerings and subdued trading. Three sales totaled 46 hogsheads across Farmers and Shippers and Bodmann and Globe consignments, with prices ranging from $4.45 to $16.25 for various old and new lots.
MENTIONED IN THIS ARTICLE
Bodmann
Globe
City Hall Notes on Water Works Costs and Street Repairs
City officials discuss cost statements for pumping by the Water Works to serving districts now covered by the old plant. J P Brackett won the Eighth Street Bridge superstructure bid at 35270. Water, street, and health measures include a dumping station site purchase, Beekman street track layout, and Beekman street improvements nearing completion. The Board of Health bans push cart merchants from unprotected foods. Water Works condemnation damages of 1000 plus 254.90 costs awarded for Rochelle street project. Public Service to resolve emergency bonds. June 8 House of Refuge inspection and cadet review. Property owners along Colerain ave demand water repairs and note multiple residents without water.
MENTIONED IN THIS ARTICLE
Board of Water Works Commissioners
Benzenberg
Culkins
Board of Public Service
J. P. Brackett
Eighth Street
Lowman
Commerce Street
Keefe
Traction Company
Beekman Street
Harrison Avenue
Queen City d Avenue
Danenhower
Board of Health
Elizabeth Dorschug
Rochelle Street
Highland Avenue
Bellevue Avenue
Gilbert Avenue
House of Refuge
Dempsey
Hoffman, Bode
le Blond
Colerain Avenue
Water Works Department
Peter Heckman
Fred Severinghaus
Charles Taborskyy
August A. Williams
George Roche, Jr
Henry Backstegel
John Tunhorst
Caroline Volk
Catherine Hansmann
John Severinghaus
George A. Burscher
John Stirnkorb
Also Mentioned on This Page
Weather Bureau
George Eustis
Isis’ Co
Mercantile Library
Atlantic Coast Line
Ewee
Cess
New York Central
Norfolk & Western
Northern Pacific
Ontario & Western Me
Rock Island
Southern R. R
St. Paul
Texas Pacific
Wabash Union Pacific
Aeence
Amalteense Am
Car Copper M
Reeh Eeesenees Foundry
Col. F
Distillers Securities
Sea Hare Ree
Ticker
American Car and Foundry
Roberts, Hall & Cries
Page & Hall
A. C. Brown & Co
W. E. Hutton & Co
Charles E. Bultman
J. E. Jones & Co
Chamber of Commerce
August Ferger
A. C. Gale
Edward F. Dennis
National Hay Association
Niagara, Falls
E. E. Williamson
Clifford M. Budd
West Kentucky Coal Company
Ley Levi C. Goodale
Cincinnati Southern
Queen & Crescent
Coney Island
Jackson Smith
Goodale
E. W. Leeds
F. F. Tully
New Richmond
Roth
Second National Bank
Cincinnati Trust and Savings Bank
Union Savings Bank and Trust Company
Queen City Savings Bank
Charles F. Williams
Shay & Cogan
Traction
Lewis Gatch
Ellis Brothers Contracting Company
Harrison
Supreme Court of Ohio
B. B. Tuttle
L. J. Dolle
Business Men's Club
F. A. Cloud
Mt. Vernon
H. C. Boyd
W. T. Thomas
W. 8. Brown
Hamilton, O
J. Jantz
Charleston
8. C
Charles L. Pheffer
Ft. Thomas
Charles G. Cunningham
Detroit
Mich
Robert N. Shotts
Hamilton
J. H. Homer
Wyoming
Charles
NEW York Mining
Peoria
First National Bank
Lack
Apes & L
N. Unl
S. P
Coi
Indus
Inc
Sane
D. H
T. C
Enna Cs
Sotelc
O Ee Sone
Steel S. F
A. T
Mer
Marine
Gotton
Special Dispatch
Stock Exchange
Ask
Ask. Cin. Int. Ry
Col’ & Xenia
DUDE
Sccsi
Little Mi’mi
AL Bonds
Bar
Cin. Edison
Columbia Gas
Fay& Eganés
Bridge
U.kh, & Pi
I. Traction
Col. Crosst
Ham.& Lind
Mt. Au
Cov. & C
Nor
South
B.G
Panama
Cotton Letters
C. J. Buddeke & Co
A. Dae
Eeeeeneee
JOY Sces
Weee Wnnenee
Metals
Treasury Statement
Cy le &N
Dayton
Miami E
Oak L.pr
Bullock
Niles-B.-P
Niles T.w.pr
Shillite Co
Bright'n
Cineer - Cit
Soemeegelt
Oo First NL
Colum, Bank & Sav
Norw . First
Not.Sav
Union
Oberts, Hall & Criss
New Fon ‘K Stock Exchange
British Columbia
Obescosbunces Os
Dominion Copper Eee
Greene Consolidated Copper
Havana Tobacco Com
Sss Cous Aecs
Old Hundred Eben
Sueel Seuss Tire
Ap. P
SnteSchiveds
North Butte Steere
Trinity Reer
WOOL
Boston Mining
Satilas
National Bank
Walnut Street
Iran
Louis B. Bloom
Tredicat Securities
Miller * Co
Grain and Provisions
J. E. Jones
Carlisle Building
S. W. Cor
4Th and
Walnut
John W. Ballmann
Vine St
Carew
Baldwin
D. H. Baldwin , CO
W. Fourth St
S., Kuhn & Sons, Bankers
East Third Street
Steinw Lethway Pi
Columbus Gas and Fuel Company
G. C, Scott
Sec'y
Hhe Colonial Investment Company
Edward A. Drake
M. B. Scharfeld
A. E. Bernsteen
KK. Jahnke
William H. Miller
the Tavern Company
J. R. Zumich
Fred W. Green
Walter A. Bennett
Paul S. Schmidt
J. L. Bridgman
Browning Engineering Company
B. I. Miles
Edward H. Browning
City Hall Notes