Union Pacific Strength Deters Bear Operations
New York June 6 The stock market showed weaker speculative activity due to the London holiday and upcoming national party conventions. Union Pacific remained dominant as bears retreated and there was little liquidation pressure. Missouri Pacific fell after a dividend news but recovered, while a strong wheat crop outlook supported prices. Bonds held firm and total sales on the week reached $1,242,000 with United States 2s up on call.
MENTIONED IN THIS ARTICLE
London
Union Pacific
Missouri Pacific
Joang
United States
Commercial Tribune
New York
Congress
Chicago
Taft
Ticker Talk Suit Tests Hepburn Act In Philadelphia
The suit against anthracite roads to test the Hepburn act began in Philadelphia. Price readjustments of steel products expected though rail prices unlikely to change. Review notes manufacturing activity and favorable weather as key factors of the week. Bradstreet reports heavy rains across regions affecting retail trade and planting. Possible initial dividend on Alton common.
MENTIONED IN THIS ARTICLE
Philadelphia
Brokers See Market Firm After Dull Opening in Taft Outlook
The market opened steady then rose about 1 percent with orderly trading and strong gains in United States Steel and other securities. Analysts cite Taft nomination as a favorable factor, with sources noting renewed confidence and a move toward conservative candidates boosting prices.
MENTIONED IN THIS ARTICLE
United States
New York Clearing House Reports Reserve Surplus Drop
Clearing House banks show a surplus of 47 192 000 over 25 percent requirements, down 717 800 from last week. Greater New York banks and trust companies outside the Clearing House hold 941 845 700 in deposits with 67 896 900 cash and loans totaling 881 218 500.
MENTIONED IN THIS ARTICLE
New York
United States
Clearing House
Greater New York
Associated Banks of
New York City
Treasury Statement Shows Cash, Gold Balances
Treasury balance report lists available cash in the general fund at 240,686,360 dollars, gold coin and bullion holdings at 25,174,495 dollars, and gold certificates at 36,329,930 dollars, excluding the 150 million dollar gold reserve.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Banks Report Slower Cash Gain in New York Week
The Associated Banks of New York City posts a cash gain of 1.7169 million for the week versus an expected ten million, with deposits down 5.1835 million and loans down 7.6627 million. Government deposits hold near 19.8488 million as state banks and trust companies show larger weekly gains and bond syndicate activity appears in cash and deposits.
Mining stock totals and company quotes hover in Boston market
Boston trading notes show multiple mining firms and related stocks with varied percentages and prices. Companies include Nevada 11 percent, Calumet & Arizona 107, United Copper 6, Arizona Commercial 17, Butte Coalition 23, North Butte 66, Wolverine 138, Granite names like Isle Royale 109, and Calumet & Hecla 675.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Allouez
Amalgamated
Atlantic
Bingham
Calumet & Hecla
Centennial
Copper Range
Daly- West
Franklin
Granby
Isle Royale
Mass
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
Calumet & Arizona
Arizona Commercial
Green Cananea
Manchester Cloth Market Sees Slight Uptick in Small Markets
The Manchester cloth market was dull overall but showed modest activity in smaller markets as producers paused work rather than accept low offers. Indian purchases were light, China demand remains quiet, and both American and Egyptian cottons traded at about unchanged prices.
MENTIONED IN THIS ARTICLE
Manchester
India
China
Yanus
New York Bond Sales Highlights Mixed Prices Across Issues
A market summary shows varied bids on Japanese and American securities with notable holdings in Jap 4s and Pac 4s, including Mexico Cen con, Can 4s, and U. Pac issues. Record lists numerous lot sizes, price quotes, and percentages indicating trading activity across multiple issuers and maturities.
Financial and Personal Notes From the Avondale Area
The Avondale U S Loan Building Company reorganized on June 4 to start its twenty first year. Albert Lackman George Jung Charles Wiedemann and Willam Hess will attend the United States Brewers Association annual meeting in Milwaukee tomorrow. Fleischmann Co employees and families held their Manhattan Park picnic with a barbecue and burgee. over 2000 attended. The National Association of Saddlery Manufacturers opens its convention in Linton tomorrow with 300 members in the Executive Committee and first business session Tuesday. Piano men of Cincinnati learn Frank Lee of John Church Company elected President of the National Association of Piano Manufacturers at the New York convention. Visitors to the Business Men's Club included F F Rodgers St Louis Mo H D Freeman Atlanta Ga E M Wallace Frankfort Ky H L Day Blanchester Oh R Campbell Chicago Il and W M Smith Louisville Ky.
MENTIONED IN THIS ARTICLE
Albert Lackman
George Jung
Charles Wiedemann
Willam Hess
United States Brewers’ Association
Milwaukee
Fleischmann & Co
Concern
Manhattan Park
National Association of Saddlery Manufacturers
Linton
Cincinnati
Frank Lee
The
John Church Company
National Association of
Piano Manufacturers
New York
Business Men’s Club
F. F. Rodgers
St. Louis
H. D. Freeman
Atlanta, Ga
E. M. "Wallace
Frankfort
H. L. Day
Blanchester, C
R. Campbell
Chicago, Il
W. M. Smith
Louisville, Ky
Commercial Travelers Seek City Hosting of State Meeting
Co D Austin and George H Wilcox urged Mayor Markbreit to plead for locating the next State meeting in Cincinnati. The State convention meets in Cleveland next Saturday. The North Cincinnati Business Men's Club annual meeting and director elections occur Monday at Turner Hall with four directors to be chosen. Dr J M Withrow will give an illustrated address, the Glee Club will sing, and a buffet luncheon will follow.
MENTIONED IN THIS ARTICLE
Co. D. Austin
George H. Wilcox
Commercial Travelers’ Sociation
Markbreit
Commercial Travelers
Cleveland
North Cincinnati
Market gains on Bank of England rate cut and ample money
The Bank of England rate cut and abundant money boosted investment buying on the Stock Exchange in the past week. Consols led British securities higher with foreign bonds and home rails like Great Central Eastern and Northern rising on anticipated cooperation. Union Pacific bonds boosted American issues as the market ended modestly higher, with money so plentiful lending at under one percent becoming difficult.
MENTIONED IN THIS ARTICLE
London
Bank of England
Stock Exchange
Home Rails
Great Central
Union Pacific
Money Rates and Bond Quotes Across New York and Boston Markets
New York and Boston financial notes show money on call dull to easy with short yields around 2 percent to 4 percent. Sterling exchange steady with bankers bills near 486.90 and 485.50, bar silver 52 3 4, Mexican dollars at 47 centers. Bond markets firm for government and railroads with varied listings across Atchison, Mexican Central, Union Pacific and others. Miscellaneous listings include American Bell, Edison Electric, General Electric, United Fruit and United States Steel with multiple preferred shares and prices.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Boston
Atchison Adj
Atchison
Mexican Central
Boston & Albany
Boston& Maine
Boston Elevated
Fitchburg
N. Y
Union Pacific
American Arge
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 Machinery
United States Steel
Butter Eggs and Poultry Prices in Chicago Kansas City and New York
Chicago markets report butter steady with creamery ranges 19 to 23 cents and daisies 17 to 2 3 cents. Eggs steady with firsts at 97 cents to 1 dollar, cheese steady with daisies 10 to 11 cents, twins 9 to 10, Young Americas 11 to 12 cents. Poultry alive weak with turkeys around 14 cents and broilers about 1 pound per dozen 2.50 to 8 dollars. other per dozen ranges noted. Kansas City reports eggs unchanged to 1/2 cent lower, fresh extras 11 to 12 cents. New York reports butter steady, cheese quiet but steady, eggs firm, poultry quiet with spring chickens 28 cents, fowls 13 1/4 cents, turkeys 1 cent. dressed steady.
MENTIONED IN THIS ARTICLE
Chicago
Kansas City
New York
Cotton futures open steady with mild decline in New York
The market opened steady to down 5 points as lower French cables sparked liquidation. Close was dull and unchanged to 5 points lower. 8,250 bags sold with July 5.95 to 6.0, September 5.95, December 5.90, March 5.90 to 5.95, May 5.95. Spot quiet. Rio No. 7 615 to 616, Santos No. 4 8.5 to 9.5, Cordova 9.5 to 12.0 cents.
MENTIONED IN THIS ARTICLE
New York
Rio No
Santos No
Cordova
New York Mining Prices Reported on June 6
New York mining prices listed include Alice at 2.00, Breece 0.10, Brunswick Con. 0.02, Com stock Tunnel 0.34, de bonds 1.85, Con. Cal. & Va. 0.64, Horn Silver 0.50, Leadville Con. 0.05, Little Chief 0.05, Mexican 0.65, Ontario 5.50, Ophir 2.40, Small Con 18, Standard 1.60, Yellow Jack 0.62.
MENTIONED IN THIS ARTICLE
New York
Brunswick
Comstock Tunnel
Con. Cal. & Va
Leadville
Little Chief
Ontario
Trade Totals For New York Port Week End May 29
Imports of merchandise and dry goods at the port of New York for the week ending May 29 were valued at 10,523,127 dollars. Imports of specie for the port of New York for the week ending today were 49,793 dollars in silver and 115,688 dollars in gold. Exports of specie from the port of New York for the week ending today were 1,798,000 dollars in gold and 1,311,830 dollars in silver.
MENTIONED IN THIS ARTICLE
New York
Port of
World Market Notes Mixed Across Major Exchanges
In London the Stock Exchange closed with Bar silver steady at 24 1 2d per ounce and Bank of England bullion intake of 11000 pounds on balance. Paris Bourse firms with Monday holiday. 3 per cent rentes at 96 46. Berlin trading weak with London exchange at 20m 94ptg for checks and 3 percent discount for bills.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Bank of England
Paris
Berlin
Metals Market Report Shows Mixed Commodity Stance
In New York and St Louis trading, tin eased to 28.20 28.60, lead held at 4.40 4.50, zinc was strong 4.60 4.65, and electrolytic and casting zinc ranged 12.10 12.75 and 12.37 12.50 amid a generally dull session with no cables. Iron remained quiet and unchanged.
MENTIONED IN THIS ARTICLE
New York
Lake
Wool Prices Labor Market Note
Wool firm reports varied prices for combing and clothing grades in St. Louis with values ranging from fine to heavy fine. Market notes mention medium grades, possible 16s to 18c ranges and language indicating wax or quality factors in the line.
MENTIONED IN THIS ARTICLE
ST. Louis
Dune
Market Clouts Strong but Quiet on Printing and Rail Stocks
Cincinnati bankers report demand in street rail and gas stocks with bonds steady. New York exchange opened strong then eased, call loans at 4 to 5 percent. Weekly clearings totaled 23.09 million, with municipal issues leading gains and Water Works 4s prominent.
MENTIONED IN THIS ARTICLE
Cincinnati, Newport & Covington Light
Traction
Telphone
Henderson Lithograph
Columbus
Columbus & Xenia
Cincinnati
New Orleans
Texas Pacific
New York Exchange
U. S. Printing
Morning Call
Indianapolis St. Ry
Traction Bonds and Unlisted Securities Summary
Traction bonds listed with prices and yields including Big Four 4s and L&N 4s with quotes around 97 105, Dayton & M. and Kentucky Central 4s, rail line securities, and unlisted securities with bank stocks such as First National and Fifth Third. Various pref and common stocks noted with prices and ex-dividend statuses across multiple rail and regional issuers.
MENTIONED IN THIS ARTICLE
Ham.& Lind
Dayton & M
Day
G. m. Bs
CL & W
Lit
Miami
G.r.&f.w
T. Nat
Cosmopolitan
Iea
Nlcov
Ae Law. Co
Norw
Cotton Market Briefing From New Orleans and New York
Cotton prices held firm in New Orleans with steady futures and light gains on the day’s news. Spot sales reached 913 bales with 4,862 bales received. New York opened higher on covering but closed steady as weather outlooks and levee damage rumors weighed on momentum.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Haliday
Ohio incorporations filed with secretary of state
Special Dispatch notes articles of association filed today in Columbus. Firms include Ryan Grain Elevator Company Cincinnati with 250000 capital. Rental and Realty Company Cleveland 10000. Kimberley Oil Company Steubenville 50000. Columbus Manufacturing Company Columbus 10000. Multiplex Concrete Machinery Company Toledo 25000. Mark & Harris Amusement Company Cleveland 5000. Also unions in Martins Ferry. Simpson Manufacturing Company Columbus 10000. Lowellville Savings and Banking Company Lowellville 50000. Zanesville Baseball Company Zanesville 30000. Mansfield Engineering Company Mansfield 10000 after stock changes and reductions.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
Ryan Grain Elevator Company
Cincinnati
John J. Ryan
Howard N. Ragland
H. W. Barnes
J. A. Purvis
D. A. Washington
W. B. Sutton
Frank W. Elsop
Kimberley Oil Company
Steubenville
Columbus Manufacturing Company
Multiplex Concrete Machinery Company
Toledo
Mark & Harris Amusement Company
Cleveland
EB. A. Foote
M. R. Dickey, Jr
Cook
McGowan
M. L. Fowler
Siebenburger Sachsen and Frauen and Jung Frauen Kranken Unterstutzung Verein
Sanger Eintracht
Martins Ferry
Simpson Manufacturing Company
Lowellville Savings and Banking Company
Lowellville
Mahoning County
Zanesville Baseball Company
Zanesville
Mansfield Engineering Company
Mansfield
Oil price and trade notes from multiple cities June six
Toledo reports North Lima at 1 04 with others at 99 cents. Wilmington lists spirits turpentine 39 cents and rosin 2 40 with 55 casks. Savannah shows turpentine 41 cents and rosin at 2 60 to 6 10 with large inventories and varied grades. Charleston notes turpentine and rosin quiet. Oil City cites credit balances 1 78.
MENTIONED IN THIS ARTICLE
Toledo
North
Lima
Indiana
Wilmington
Savannah
Charleston
Oil City
Dry goods market steady with firm cottons and yarns
The New York dry goods market was quiet with firm cotton goods and yarns. Jobbers are taking many small orders for quick shipment while cotton staples remain strong. Agents plan mid July shows for fine and fancy cottons. Linens steady with railroads purchasing. Burlaps hit yearly lows but recovered this week.
MENTIONED IN THIS ARTICLE
New York
Railroads report May earnings drop over 21 percent
U.S. railroads reporting for May show total gross earnings of 117.9 million dollars, down 21.6 percent from 1907. April totals fall 19 percent, with Eastern trunk lines and Central Western systems hardest hit, coal routes down 10.2 percent, and Western trunk lines under 19 percent decline.
MENTIONED IN THIS ARTICLE
United States
P.c. Ay
DFA
Ceeesint
Eastern Trunk Lines
Central Western
Western Trunk Lines
Granger
Stier
Astern
Ieee
Ow. S
P.c. Tronk
Currency Action Eases Panic as Big Crops Grow
GLEWS sees good in currency law as emergency notes avert panics. Outlook favorable with big crops and improving banks. Rail earnings unsatisfactory. mid summer pause expected with gradual recovery and cautious stock market after May declines.
MENTIONED IN THIS ARTICLE
Glews
Big Decrease in the Glove Trade in Grenoble
Paris dispatch reports a severe decline in Grenoble’s glove industry from 95 factories employing 24,000 workers and 45 million francs in 1893 to 18,000 workers and about 22 million francs in 1902. Parliament is urged to grant aid as fashion shifts and tariffs reduce demand.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Paris
Grenoble
Dyer Reunites With Long-Lost Son After 44 Years
Wyandotte Oklahoma June 6 After forty four years search F M Dyer a rancher near Wyandotte locates his son J H Dyer a mining prospector in Spokane Washington His wife whom he left to enlist in the army has remarried.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Wyandotte
F. M. Dyer
J. H. Dyer
Spokane
Wash
Also Mentioned on This Page
George Eustis & Ae Mercantile Library
Hightow
An . Sales
Atlantic Coast Line
B. B
Ing
Great Orthern
Illinois Central
Nae & T
Missouri
Bian
Norfolk York
Central
Western
Ontario & Western
Rock Island
Southern R. R
St. Paul
Wisconsin Central
Amal Industrials
Car & Ee
WEE Bisbates
Biscuit
Seenlers
Moses Ithe
Pacific Mall
Pepegie Steel
Suga
Eetengenes
Unicea
Feedeneevad
Sun
Ticker
Bradstreet’s
Alton
H. M. Beazell
W. R. Todd & Co
W. E. Hutton & Co
Treasury Statement
Associated Banks Statement
Ny ‘Roberts, Hall & Cris
Oork Stock Exchange
American Tobacco
Columbia
Dominion
Havana Tobacco
Royal Dakine
Boston Mining
Peoria
W. BE. Hutton & Co
First National Bank Suilatng
Ib. & Co
W. D
el. Jsts
N.Y
Col
iMo. Pac
Can. So
Inc
UN. Pac
Nor
Pac
Imi B
Ette
Inter. Rap
T. c
Penn
Arch. Gen
Orba
Avondale U. S. Loan Building Company
NEW York Mining
Metals
Spelter
Cincinnati Street Railway
Kentucky Tractions
ST. Lowis
Ask
Panama
Cincinnati Clearing House
Glasgow
Bar. & Smith
Cin. Edison
Ee Bananinle
Ask Cin. Int. Ry
St. Y
Colum
Col Ry & U
Scioto Valley
Nor.c.l.& T
Am. R
Globe- Wer
Ham. Mo
Hous
Brownell
Hueb
Casey H
Kroger
S. Nat. A. F
C. Etf
PHE
Carey Pr
Gam
Tobacco
Mill
Rob’n Realty
Col. Gas & F
Stertoe Sh
Cuyahoga
Pere
Ham. G.&b
W. Powell
Ae Foulds M
Wurlitzer
Fleisch’n Pr
Consol
Athe
J. J
A. Weer
M. Pe
Water Works
Teeneee Water Works
Ffis
J. Settee
Sheehan
Tees Neernree
Gilbert W
Hunt St. W
Adana
Hamilton County
Elizabethtown Bridge
Hk Meret Passer Soho
Covington
Mi Csernsbeses
C. Thares
St. Ry
Cotton Exchange
Houston
Ponty
Janua Sane Eee
Bia
Y C.J. Buddeke & Co
Union Trust
Sence
Aoe
Aes
Archeter
Ohio
Mit Mith
Chicago Street Improvement
Henry Clews
Wall Street
Clews
Kansas
Minnesota
Dakotas
White House
Wall St
Charles £. Bultman Co
Hotel Linton
Phoenix Grain and Stock Exchange
East Fourth Street
Ardmore
Okla
State of
Weil, Roth & Co
Pie Fourth Street
Cincinnati, New Orleans & Thexas Pacific Railway Company
A. Telford
Fleischmann Company
Columbus Gas and Fuel Company
G. C. Scott
Hubig Pie & Baking Co
Simon Hubig
Louis J. Staubach
Son
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