Stock Market Recovers After Last Friday Break
The New York market shows broad strength with major industrials near year highs and rail shares up. Copper gains and strong coal rail groups lift prices while investors await earnings for Pennsylvania Norfolk & Western and Louisville & Nashville.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York
Financial District
Wall Street
London
United States Steel Common
Union Pacific Common
Lehigh Valley
Reading
Pennsylvania, Norfolk & Western
Louisville & Nashville Group
TICKER TALK. State dept weighs Cuba intervention
The state department does not believe intervention in Cuba will be necessary. United States marines to guard property and protect American interests. British government to act in London transportation strike. Bank of England rate unchanged. s -$ American stocks in London firm, % to % up. Steel corporation's unfilled tonnage for May will show about 100,000 tons excess for April. President Day of Equitable Life says the West looks good and crop outlook is excellent. Voting trust planned for Seaboard Air Line railway with Frank A. Vanderlip, A. H. Wiggin and 8. Davies Warfield voting trustees. Attorney General Wickersham assumes personal charge of investigation into ad vance in coal prices at Philadelphia.
MENTIONED IN THIS ARTICLE
Bank of England
Wall Street
State Department
Cuba
United States Marines
Steel Corporation
President Day
Equitable Life
Seaboard Air Line
Frank A. Vanderlip
A. H. Wiggin
Davies Warfield
Wickersham
Philadelphia
New York Bond Sales See Strong Daily Totals
New York bond market activity shows robust daily totals with multiple issues and notable demand. Traders cited steady buying as yields remained attractive and investors sought high quality paper amid shifting rates.
Erlanger Common Strengthens Amid Broad Stock Activity
The Cincinnati market reports a strong financial day with clearings at 4,874,200 and heavy bank work. Erlanger Common rose, while industrials like American Rolling Mill and Kroger showed firm quotes. bonds and utilities also traded with mixed demand on the Cincinnati Stock Exchange.
MENTIONED IN THIS ARTICLE
Cincinnati
New York Exchange
Cincinnati Stock Exchange
Chicago
St. Louis
London Stocks Hold Steady as Dock Strike Weighs Market
London money in fair supply and discount rates steady amid a quiet stock market. The dock strike dampened investment demand while consols fell 3-16. copper stocks stayed strong on settlement hopes. American securities opened steady with parity, later firming on continental buying.
MENTIONED IN THIS ARTICLE
London
Pennsylvania
Southern Ry
Southern Pacific
Union Pacific
U.S. Steel
Wabaahs Vecsuscaess
Business Men's Club Notes Recap of Members and Guests
E Vernon Overman was at the club after weeks in Michigan fishing for white fish. William Gilbert returns from a summer home in Canada and the plant there. Guests registered included E L Alford New Orleans Charles Hunt Miamisburg C R Keller Hamilton T C Keys Eustis H S Williams New Kensington Will Fox New Castle C R Black New York William Metcalf Pittsburg T Sturgis New York Claude B Terrel and C D McRea Bedford Ky Charles J Singer Trent Hill Ohio.
MENTIONED IN THIS ARTICLE
E. Vernon Overman
Business Men's Club
Michigan
William Gilbert
Business Men’s Club
Canada
E. L. Alford
New Orleans
Charles Hunt
Miamisburg
C. R. Keller
Hamilton
T. C. Keys
Eustis
Fla
H. S. Williams
New Kensington
Will Fox
Newcastle
Ind
C. R. Black
New York
William Metcalf
Pittsburg
Sturgis
Copper stock report shows mixed gains across major mines
Boston markets detail daily percentage changes for a wide list of copper producers and mines. Notable movers include Osceola 124 and Calumet and Hecla 520 with varying gains across Copper Range, Copper Mountain, and United States Smelting group. Overall, gains and losses reflect uneven demand and production shifts.
MENTIONED IN THIS ARTICLE
Boston
Allouez
Amalgamated Copper
American Zinc
Arizona Commercial
Boston and Corb
Silver Mini
Calumet and
Arizona
Hecla
Centennial
Copper Range Con.Co
East Butte Copper Mine
Franklin
Giroux Consolidated
Granby Consolidated
Greene Cananea
Isle Royale
Kerr
Utah Copper Co
Winona
Wolverine
Bank of England and Bank of France Weekly Statements
London report shows reserve rise of 1.195 million pounds with public deposits up 1.224 million and notes reserve up 1.222 million. London liquidity ratio stands at 48.44 percent, compared with 46.76 prior week. Paris report records notes in circulation up 15.925 million francs and falls in treasury and general deposits. Gold held down 10.85 million francs while bills discounted drop 274.6 million francs and advances rise 6.025 million francs.
MENTIONED IN THIS ARTICLE
London
Bank of England
Paris
Bank of France
Treasury
Treasury Statement Shows June Financial Snapshot
The United States treasury reports at the start of today’s business that working balance in treasury offices stands at 62,170,556 dollars with 35,141,281 dollars in banks and the Philippine treasury. The general fund totals 127,670,489 dollars while yesterday’s receipts were 2,827,307 dollars and disbursements 2,583,854 dollars. The fiscal year deficit reaches 4,530,433 dollars versus a 9,078,008 dollar surplus a year ago, excluding Panama canal and public debt transactions.
MENTIONED IN THIS ARTICLE
Washington
United States Treasury
Treasury
Philippine Treasury
Pig Iron Market Powers Ahead Amid Rising Demand
Consumers rush shipments as demand expands across regions. Buffalo prices rise by a dollar and basic iron becomes scarce in steel mills. Northern producers lead orders, while the South reports solid demand. Despite political noise, the iron shortfall since 1907 drives a tightening market and shrinking surplus.
MENTIONED IN THIS ARTICLE
Matthew
Buffalo
Record pig iron output boosts steel plant capacity
The Iron Age notes May pig iron production at 2,512,582 tons, or 1,061 tons daily, up from 2,375,436 tons in April. The Steel company furnaces produced 1,922,557 tons last month, underscoring the era of rising steelworks utilization.
MENTIONED IN THIS ARTICLE
Steel Company
Steel output records and expansion plans in early 1910s
The article notes record steel and pig iron production in early 1910, with January 1910 steel output at 1,773,201 tons and monthly totals around 1,830 tons per day for furnaces. It details capacity, planned investments at Edgar Thomson and Gary mills, Du luth plant progress, rising April iron and steel exports to 258,000 tons, and ongoing rail orders, plus coke and labor supply as output constraints. It also cites large railcar and rail mill orders and prices moving slightly for merchant steel pipe.
MENTIONED IN THIS ARTICLE
Edgar Thomson Works
Gary
Duluth
Canada
Chicago, Pittsburg
Ensley
Southwestern
Pennsylvania Railroad
Stock Flurry Lifts Hester-Columbus and Indian Refining
In Columbus and nearby markets a flurry in Hester-Columbus common and preferred stocks drew interest from W. E. Hutton & Co as buyers sought blocks of 1 500 to 2 000 shares. Hutton offered options at 15 for thirty days with deposits, while chatter linked the actions to an English brewery syndicate and a statewide trust. Rumors also swirled about Indian Refining after a New York firm sought 100 share lots of both its common and preferred stocks amid oil price rally speculation.
MENTIONED IN THIS ARTICLE
Cincinnati
New York
Union Light, Heat and Power
Cincinnati and Suburban
Telephone
Cincinnati Gas and Electric
Columbus Gas and Fuel Preferred
Columbia Gas and Electric
Champion
Globe- Wernicke
Kroger Grocery and Baking
Procter & Gamble Common
United States
Erlanger Common
Columbus & Xenia
N. & C. Common
Cincinnati Street Railway
Northern Ohio Traction and
Light Preferred
Toledo Railways and Light
Cincinnati & Hamilton Common
Columbus Railway
Hester-Columbus/ Breweries company
Columbus
W. E. Hutton & Co
Hutton & Co
Hester-Columbus
Breweriegs
Cleveland
Cincinnati Banking Institute Debaters to Meet in Union Trust
The Cincinnati Chapter of the American Institute of Banking will hold preliminary contests Wednesday evening in the Union Trust company building to select a three member team for a debate with Cleveland chapter before the Ohio Bankers association at Cedar Point on July 5. The question is whether real estate loans should be taken by national banks. Cincinnati will argue the negative with Charles W. Dupuis as committee chair. A New York brokerage house reports railroad stock strength due to expectation of Interstate Commerce Commission rate increases for many lines.
MENTIONED IN THIS ARTICLE
Cincinnati
American Institute of Banking
Cleveland
The
Institute
Union Trust Company
Ohio Bankers’ Association
Cedar Point
Charles W. Dupuis
New York
New Yo
Interstate Commerce Commission
Coffee futures rise on steady cables and demand surge
New York reports opening steady with declines of 1 point on February yet overall 2 to 3 points higher due to firm European cables and buying. Market closes steady with a net gain of 12 to 20 points as demand from longs and bulging buyers grows and Brazilian costs firm.
MENTIONED IN THIS ARTICLE
New York
Bul
Brazil
Havre
Hambu
Rio
Santos
Jundiahy
Sao Paulo
Rio No
Cordova
Foreign Bourses Show Weak Prices in Berlin
Foreign bourses reported weaker prices with heavy realizing in Berlin. London checks traded at 20m 44% pfg while money stood at 4 percent. Paris showed firmer tones with 3 per cent rente 93f near 90c and London exchange at 25f 23% for checks. Private discount rates ranged around 2 to 4 percent.
MENTIONED IN THIS ARTICLE
Berlin
Exchange
London
Paris
Bank of England Sees £151000 Bullion Transfer
London dispatch reports bullion valued at 151000 pounds was deposited into the Bank of England on balance today. The move reflects ongoing bullion flows and financial activity in the capital.
MENTIONED IN THIS ARTICLE
London
Bank of England
Cotton goods markets stay quiet in New York scene
New York reports a quiet cotton goods market with light jobber activity. Yarns showed a quiet to barely steady tone as trading stalled for the day.
MENTIONED IN THIS ARTICLE
New York
Canal official visits Chamber floor as son’s wedding near
On change X Culbertson of Cristobal Panama, formerly of Covington, now works in canal construction, visits the Chamber of Commerce floor during a short furlough for his son's marriage. Visitors included N C Hughes Norfolk, Robert Deming Cleveland, and H R Hughes G Ejive Minneapolis. Egg prices rose on the Cincinnati Produce Exchange to 18 cents prime firsts, 17 ordinary firsts, 16 firsts and 16 seconds.
MENTIONED IN THIS ARTICLE
X. W. Culbertson
Cristobal
Panama
Canal Zone
Chamber of Commerce
Culbertson
Covington
N. C. Hughes
Norfolk, Va
Robert Deming
Cleveland, O
H. R. Hughes
G. Ejive
Minneapolis, Minn
Cincinnati Produce Exchange
Cotton futures rise on better cables and rains in belt
New Orleans reports open gains of 1 to 4 points amid improving cables and wet weather across Texas and Atlantic states. Prices climbed to 22 to 24 points higher by late afternoon, with a firm spot market and steady closing. New York and Liverpool sessions followed with broader gains and steady closes.
MENTIONED IN THIS ARTICLE
New Orleans
Texas
Atlantic States
New York
Uptown
Wall Street
Bureau
Mississippi River
Shorts
Gulf
Liverpool
New York Mining Prices Reported June 6
New York mining market notes show quotes for Alice 1.75 Com stock and Comstock Tunnel stock .10 offered, Comstock Tunnel bonds .15 offered, Con. Cal and Va. .55, Tron Silver 1.40, Leadville Con. .10 offered, Little Chief .05 offered, Mexican 2.75, Ontario 2.00, Ophir 1.15, Standard .30, Yellow Jacket .50.
MENTIONED IN THIS ARTICLE
New York
Comstock Tunnel
Con. Cal
Tron
Leadville
Ontario
Also Mentioned on This Page
Ticker
George Eustis & CO
Bank Floor
Union Trust
New York Stock Exchange
jClose
Ask
Brooklyn Rapid
Tran
Canadian Pacific
Ohio
Chicago & Alton
Northwest
Milwaukee
E. Paw
Ener
Colorado Southern
Escnvendd Eeeeeccececescess
Delaware
Rio Grande
Jaive
Udestee Thessies Deseeeelersers Wewwee
General Electric
Great Northern
Illinois
Pairal
Seb Wees
Beedoveeseees
Inter-Marine Pref. Wanes
Wes
Wwel
Leweweetersene
Arenes
Loulaville
Mexico
New York Central
Westterm
Norfolk
Western
Doadis Bia
Seebeenews
Outa
San Francisco
Breule _Southwestern
Evasmehawns
Abewe
Southern Railway
Saneee Aer
Texa Do Pref
Feo
Senees
Bet
St Is & Western
Pan Plas Te cc
Lee Ewartenwees
Wisconexa Central
Osuso
Teeaee Sireael
Car and Ny
Stindeke Eek
Aeeelenseee
Osea
Oreenstons
Tee Securities
Etree Eens Seers
America
Ewes
Ouncan Mines Foundries St Aretleronslelerseselesees Etereaey
Sugar Refining
Mericen
Ewes Itt
Gartalen
Mexican Petroleum
Busebwk Salibr
Sweeeene Terse Eleweess Sle
Ted
Teres
Perer Reer Steel
Weasel Ensevaliennae
Union and Peper Co
Aeneee Wet As Des Esseles Bees
Os Steel Wenee Aa
Isa
Pac. Cy
N. Y
B&o
City Bis
Cen. Pac. Lst
C. RL
Ry. c
St. L
Cm & Pac
L. N. UN
R. R
K. & T. Isolatacton
S. F. Gen
S. UB. Adj
Is. P. Fund
U.S
X. O. cv
Steel A. F
Tri-City
Wabash
Wabaga
Special Dispatch
Commercial Paper
New York News
Hospital
Kroger
Columbus Gas Pref
Cin
Street Railway
Glasgow
Belfast
Reich’ark
Reich- Malik Co
D. C
D.C Corpo
Stock Exchange
Am. Book Co
B. & N.brdg
Globe-Wer
Bar. & Smith
Ham
Chat'ga
Cin. Edison
Ses C
O.L
Ger
N. Npt
Hyde Park
Ss City Hall
Newport Nat
Big Four
Dayton & M
L. Miamiés
Dog. m
Central
Niles Tool Pr
Oak L.p
Niles B. P. c
N. C. Reg. P
Bullock
Shillito Com
Baldwin
Triumph Elec
Sev
People’s
Ag Columbia
Sec. Savings
East End
Stockyards
N. Elm
Unity
Walnut Hi
West End
Salt Lake Mining
Janee Gates
Camb
Charles Aee
Giase
Ottee
Accon
Miling Machine Co
Cincinnati Tobacco
Cities Service
Columbia Gase
Heenan
Cuyghoga Telephone
Tob
W.H
Fleischmann
Fren Brose
Bauer
Ckee
Globe Soap
Henderson Lithograph
Houston-Stanwood
Huebner Tol, Brewing "Co
Stebanee
Lunkenheimer
Sith Pebevas Werinay
Palm Bros
Ween
Eerie
Philip Carey
Procter & Gamble
Pere
Remmers Soap Co
John Steptoe
U. S. Tel. Tr
William Spreneene
Rudolph Wurlitzer
Dayton
Little Miami
Cincinnati & Hamilton
Columbus Rail
Detroit United Railways
Peewee
Seed
Bryorthern Ohio I, & T
Toledo, Bowling Green & Southern
Scioto Valley
Ohio Traction
Atlas National
Sevcennesnene
Cincinnati Hospital
Hamilton County
Elizabeth Bridge
Longview
F. A
F. c
Reserve
W. Co
Beck Tunnel
Colorado
Dibeevetseeeseeseree
Lcolumbus
Daly
Grand, Central
Little Bell Mammoth
Utah
Victoria
Bingham Central Standard
London Stocks
First National
Bae
Harbison- ‘Walker
Kansas
Monongahela River
National Fire Abr
Ohio Fuel
Pittsburg Coal Co
Pittsburg Oil and Gas
Pittsburg Plate Glass
Union Pee
Weinghouse
Salonnhouse
Fle
Boston Curb
Nevada Uweer New
Davis-Daly Prefeferry
Majestic Oo
Raven
Cambria Steel
Emewee Rapid
Eneeene Eens
Philaasiphia
Lectric Tetera
Lehigh Valley Ten
Union Traction
Seeree
United Gas
Philadelphia Co
Standard Oil
United Cigar Oe
Nevada
North Butte
Quincy
Shannon
Trinity Seen
Indiana
Perrier Eter
Boston Mining
Treasury Statement
London Bullion
Waterloo
Weil, Roth & CO
Ge Southern Ohio
Savings Bank
Main ST
Wurruizer “Piano
the Baldwin Foxe
Baldwin Company
Morgan Stationery CO
Columbus: Gas and Fuel ,Company
G. C. Scott
NEW York Mining
Matinee Daily
B. F. Keith's
Ito
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