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Cincinnati Commercial Tribune in Cincinnati, Ohio

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Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Jun 10, 1902

Page

11

Week Opens Strongly in Market Yet Dull Overall

Monday evening June 9 1902 reports a quiet securities market with firm opening despite Detroit United slipping slightly. Erlanger preferred and Cincinnati Gas and Electric held firm while Southern Ohio Traction saw sales strength and overall prices remained well supported.

Detroit United Erlanger Gas Street Southern Ohio Traction Stock Exchange Cincinnati Street Cin Gas and Electric Ohio Traction Detroit United Ry Erlanger Pref Cincinnati St Street Ingeneee Bi Union L Phegis Cincinnati W. W

Market Notes and Rumors Across Railroads and Stocks

Street gossip remains strong on railroad earnings and potential mergers while the coal strike looms. Traders note steady prices, light volume, and a cautious market stance as the Korean and American car sectors hold firm and dividend news moves through the week.

New York Bond Sales Summary and Totals

A detailed ledger of bond offerings and prices from New York brokers ledgers. Notes include American Home Life 8s at 105 percent, Atchison 4s, Canadia n issues, Erie and Pacic rails, and other rail and utility bonds with issued volumes and bid prices across numerous issuers.

Wall Street Review Notes Mixed Trading and Coal Strike Hints

The New York market showed dull trading with scattered buying lifting prices briefly. Higher levels held through the day as favorable weather and rumors of a coal strike settlement influenced sentiment, while soft coal miners’ actions had limited impact on stocks.

New York

Financial markets react to strike and Boer War end

The article notes mixed stock activity with Reading gains and a 1 percent rise in Hocking Valley as labor trouble seemed localized. Sugar benefited from refined price gains and Cuban reciprocity hopes. Bond sales total $1.215 million as U S 2s, 9s, 3s and bs 4s report declines and irregular activity.

Reading Hocking Valley Washington Chicago Minneapolis, St. Paul Omaha Chicago & Northwestern England Europe United States

Local Securities Quoted In Cincinnati Market

Quotations on stocks and bonds last established at the Stock Exchange and beyond list varied bids and asks. Railroad stocks include Little Miami and Cin G & E among others while Cincinnati and Hamilton bonds show notes such as Avenue 4s and Clifton Sew 4s with multiple 1908 1918 and 1915 issue dates.

The Stock Exchange BP. Con Es Avenue Clifton Sew C.H. Rebuild C.H S.R W. W Mont Pike

Investment Odds Sliver in Primeing Contest

A cryptic note notes a small stake of funds and low chances of winning in a spring contest. It mentions a money amount near eight and one half units and hints at a European or Commarea context with prime timing.

The Commercial Tribune

Money on call steady in New York markets

New York June 9 close reports money on call steady at 24 to 25 percent with closing bids and asks at 22 percent. Prime mercantile paper quoted at 4 to 4 1 2 percent and sterling exchange steady with bankers’ rates posted at 4.85 to 4.86 for demand and 4.34 to 4.38 for six days.

New York Paris Sterling Exchange Prime Mercantile Bai

Cincinnati Markets Receipts and Shipments Summary

Markets report Cincinnati receipts and shipments across commodities including apples bananas lemons butter lumber cattle and more. It lists daily totals for goods such as flour corn rye hay and wheat with closing price notes and commodity movements across grain oil and meat sectors.

Banan's Abe Efaoal Ifaky

Financial Market Summary Boston June

Boston markets report mixed activity with government and state bonds weak and railroad bonds irregular. Prices show Atchison 4s 102 1/4, Mexican Central 4s 1, and diverse rail and utility issues trading, including Union Pacific 104 and General Electric 317 with various preferred and common shares moving.

Boston Atchison Mexican Central N. B. Gas and Coke Boston & Albany Boston & Maine N. Y Fitchburg Union Pacific American Sugar American Tel. & Tel Dominion Iron & Steel General Electric Massachusetts Electric N. BE. Gas & Coke United Fruit U. 8. Steel Westinghouse Common

Copper and metal market summaries across London and Boston

The report notes copper spot at 12.60 with £54 10s London close and futures £54 12s 6d, tin down 5s, lead steady at New York 4c, and London lead at £ f11 7s 6d. Spelter near-nominal at 4½c, London gain 2s 6d to £18 12s 6d, local iron unchanged, war rants nominal. Boston close shows diverse mining stocks with Amalgamated at 68% and Copper Range at 57% among others, with several copper and ore listings.

London New York Northern Southern Southern Soft Glasgow Leadville Little Chief Ontario Ophir Phoenix Potosi Savage Sierra Nevada Small Hopes Standard Boston Adventure Way Allouez Amalgamated Bingham Calumet and Hecla Centennial Copper Range Dominion

Oil market updates across U S cities June 9 report

Oil city balances show shipments and runs with no bids on certificates. North Lima oil holds 88c while South Lima Indiana sell at 8c. Turpentine and rosin prices steady in Wilmington Savannah with varied rosin quote levels. Charleston notes unchanged turpentine and resin.

Oil City Toledo North Lima South Lima Indiana Wilmington Savannah C. Rosin Charleston

Copper price and metal quotes reported in New York and Denver

Special Despatch to Commercial Tribune notes New York copper for June delivery sold at 12.30 per pound with a quoted range near 12.30. The report also lists various percentages for several industrial names and a Denver market update including Elkton Isabella Portland and Calera with minor figures.

Commercial Tribune Colorado Springs Elkton Isabella Portland Work Vindicator Calera Edsall, Key & Co New York Lake

London closing prices and money market notes

Closing stock prices include Consols 97 and 97 3-16 for account, with futures and many major industrials listed. Bar silver steady at 23 15-16 per ounce. Money at 2 1/2 percent, short-bill discount 2 1/16 percent, three months bills 2 1/16 to 2 3/4 percent. London money market remains tight as government funding releases are offset by repayments to the Bank.

London Anaconda Atchison Baltimore & Ohio Canadian Pacific Chesapeake & Ohio Chicago Great Western Chicago Milwaukee & St. Paul Denver & Rio Grande Erie Illinois Central Louisville & Nashville Missouri Kansas & Texas United States Steel Wabash Rand Mines de Beers Bank of

Paris Bourse Opens Firm Then Weakens Through Day

Prices on the Paris stock exchange opened firm but soon fell as realizations weighed on the entire list. Later, dealings were scarce and prices declined to close. Foreign issues were variably offered with Rentes and Italians weaker, South American bonds supported, Turks weak on conversion delays, and industrials overall heavy. Metropolitan shares remained in demand amid contango tightness. the private six count rate stood at 21 16 per cent.

Paris South America

Cotton Prices Edge Up on Light Rain and Short Covering

Rain was lighter than expected in the South and cotton offered was scarce, pushing prices higher as traders, including professionals and commission houses, covered short positions. Bears were aggressive recently, but general rain expectations and crop condition reports kept the market hopeful, with New York and New Orleans quotes showing modest gains and steady futures.

C. J. Buddeke & Co New York New Orleans

Grain supplies reported by New York Produce Exchange

On June 7 the visible supply of grains was compiled in New York. Wheat 26 091 000 bushels, minus 2 513 000. corn 4 261 000 bushels, up 34 000. oats 2 483 000 bushels, down 572 000. rye 699 000 bushels, down 53 000. barley 402 000 bushels, down 187 000.

New York New York Produce Exchange

Also Mentioned on This Page

Safe Investments Butte Electric and Power Company Rudolph Kleybolte & CO N. W St. Louis New York Exchange Ccs Cingnce Bian Kak Bia Ieee Steel Common Northwestern Common Preferred Miller Atchison Common Pittsburg Pressed Steel Car American Car and Foundry Mitchell Southern Pacific Atlantic Cable Company Toledo, Bowling Green & Southern Traction Company W. Kk. Hutton & Go P. J. Goodhart & Co Hiram DeCamp & Co Feder, Holzman & Co Tomorow Roberts & Hall Feder Holemi Adams A. T Atch. Agi A. i B&q. Saint St. P Cigve, Ine Cc. & A Gt C. Vt Union Trust Nes Sea Air L. Se. Ry Rie Sea Ba. Air Ll Pac N. Con jStand R. & T 6S Inc I. L. Con R. Fia4 A. cv. Pte NOY & F Wall Street Review W.r.todd & Co Walnut Street Toledo, Bowling Green & Southern Traction CO East Third St New York and Cincinnati O’dell Commission CO East Third Street Eastern John W. Ballmann Ohio Cincinnati, Dayton & Toledo Traction Claude Ashbrook Cinocinnati Seasongood & Mayer S. W. Cor Third and Walnut Sts Cincinnati Consolidated Linking Fund Kuhn & Sons Indianapolis Street Railey Mortgage U. S 5Th Nat’ Bank Chamber Commerce Texas Pacific Railway Company Southern Railroad Brokers and Dealers Baker-Vawter CO Telephone Detroit United Railway W. E. Hutton & CO Cincinnati Stock Exchanges Baldwin Piano M. Baldwin & Co Fourth St John Shillito Co Beazell &Thomas St. Tel Little Miami No.& T.P Col. & Xenia F.& S.tob.co Redes O. Truss Pr Kroger Sa U.S St. Ry Det. United Bank Ees Hes Eel Atlas N’l Lafayette Citizens Far É& T. Cov Cen.t& Sdco Ger Merch Insuran National Eureka Hamilton County Covington and Newport St.Im U.L Mew Tee Cere Street R. R. Ani Mia Cable el. Ry Railro Ky. Central Wa Tn CH H.& D.ts H.& Das Inp Bt le R Big Four Ohio Val City Hall Col Ry City N.& Clg D&m Sou Securities Industrials Per Fay & & Besin Eeees Bar. & S Niles-B-P Shillito Hooven, Owens & R Cham Pring Steen Borden Dominion Securities Hackensack Mead Havana Asens Mont. & Bost Eee & Stamp C. Il N. Y Elec North Securities ‘Co Otis Elevator Wees Royal B. P Seaboard Air Tl Tennessee U St. L W. B. Carpenter CO W.B. Carpenter Co Spencer Trask & Co Pine Street New York Stock Exchange Butter Elgin Creamery Amery Fist I Teace Ohio Flats N.Y Cheddar Schweitzer Limburger Japan St.fresh Clover Tr’k Timothy, St N.orleans Tennessee Sunep and — AG Milwaukee Minneapolis Anne Ewee Tenes St Peoria George Eustis & Co Bankers and Brokers Oper H. Low Ras Atchison Colorado Chicago Hudson Erie Kan Manhattan Missouri Pacific Entral Northwestern Pennsylvania Pacific Southern R St. Paul Spsconds Megere Ls Sr Ee Eneeree ‘Estetn Union Angerson & Powell First National Bank New Cincinnati Consolidated Sinking Fund Oder R. A General Union Savings Bank & Trust Co German National Bank Boehm & Co Cape Berlin Liverpool C. J Lew Close Une Aly
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