Wall Street Trading Falls Into Virtual Stagnation
New York June 9. The stock market showed little debt or activity in later trading as investors awaited events. The approaching party conventions, steel price discussions, and Union Pacific bond issue prospects subdued trading. Government debt, gold movements in London, and currency inflows supported a subdued market with total sales at 2.23 million dollars.
MENTIONED IN THIS ARTICLE
New York
Union Pacific
London
New York Public Service Corporation
Delaware & Hudson Railroad
TICKER TALK. Stocks weak in London and Taft on first ballot
American stocks in London dip to TM percent and about 1 percent below parity. Early indicators point to Taft on the first ballot. Gold shipments reach 1.6 million dollars, exporting now 40.75 million. Loan crowd reports light demand for stocks. May coal output sets record, while Metropolitan receivers seek to drop unprofitable leases.
MENTIONED IN THIS ARTICLE
London
Market Near Standstill Amid Dull Trading
Brokers report a nearly motionless market with only slight opening and closing movements. No major news or selling pressure emerged, prices largely held, and activity concentrated on the exchange floor with little incentive to buy.
MENTIONED IN THIS ARTICLE
H. M. Beazell
W. E. Hutton & Co
Market drift as price relief effort barely stirs prices
Efforts to depress prices achieved little impact. Very little long stock was frightened out and shorts cover pushed prices up toward the close to roughly the opening figures.
Market Summary from London Paris and Berlin June 9
London money and discounts were quiet with Paris securing 2.5 million dollars in gold at 5 percent. American shares eased after parity adjustments while Union Pacific bonds opened with a premium. Paris, Berlin bourses showed firm or dull tones with various bond and stock listings and discount rates noted.
MENTIONED IN THIS ARTICLE
London
Paris
The
Stock Exchange
New York
Union Pacific
Anaconda
Atchison
Baltimore & Ohio
Pacific
Chesapeake & Ohio
Chicago
Ontario& Western
Pennsylvania
Rand Mines
Reading
Southern Railway
Southern Pacific
United States Steel
Wabash
Amalgamated Copper
Exchange
Berlin
Ohio Incorporations Special Dispatch to Commercial Tribune
The Secretary of State filed several articles of incorporation: Cleveland Taxicab Company in Cleveland with 25000 for auto services. Zenith Manufacturing in Cincinnati for illuminated signs. Dougherty Manufacturing in New Philadelphia for woodwork. Grand Rise Oil and Gas in Zanesville. Youngstown Credit Men's Adjustment in Youngstown. Midlandland Gas in Mt. Vernon. American Grain-Meter Company in Springfield changing to The Winters-Coleman Scale Company. The Osborn Engineering Company in Cleveland increases scope.
MENTIONED IN THIS ARTICLE
Columbus
Cleveland Taxicab Company
Garfield Avenue
Cleveland
A. L. Welch
A. C. Miller
L. E. Ewing
M. Stanley Brown
J. C. Prooks
Zenith Manufacturing Company
Cincinnati
H. G. Pelstring
G. J. Pelstring
F. Kasten
H. Listermann
G. Listermann
Dougherty Manufacturing Company
New Philadelphia
Grand Rize Oil and Gas Company
Zanesville
Youngstown Credit Men’s Adjustment Company
Youngstown
Midlandland Gas Company
Mt. Vernon
American Grain -Meter Company
Springfield
Winters-Coleman
Osborn Engineering Company
Osborn Building
Clover seed prices set for October and December
In Toledo on June 9 the market lists clover seed at October at 7.42 percent and December at 7.35 percent, indicating latest pricing for farmers planning sowing.
MENTIONED IN THIS ARTICLE
Toledo
New York Bond Sales Summary and Rates
The market report lists diverse bond issues with prices and yields from major issuers including Atchison Topeka and Santa Fe, Southern Pacific, Missouri Pacific, and Mexican Gen con via W. F E Hutton & Co. plus First National Bank. Totals show several issues trading around 70s to 98s with varied percentages and maturities, ending with a grand total near 2,227,000.
Cincinnati business notes show local meetings and hiring plans
The Executive Committee of the National Prosperity Association of Cincinnati meets at 4 30 p m while the Fay Egan Co plans to hire 200 extra workers by July 1. Auditors from 22 Ohio counties assess Ohio Electric Railway properties as roads consider new freight schedules. Volunteers share updates on conventions and civic groups.
MENTIONED IN THIS ARTICLE
National Prosperity Association of Cincinnati
Business Men’s Club
Ohio
Ohio Electric Railway Company
Schoepf
Harlin Hotel
Richardson
Cincinnati Credit Men’s Association
National Association
Denver
Col
Samuel Mayer
Cincinnati
National Prosperity Association
Fay & Egan Company
Money on call and bonds in New York and Boston June 9
New York reports money on call at 1 percent with quiet trading and steady rates. time loans, sixty to six months, modestly higher. Government and railroad bonds show varying strength or irregularity. Boston lists call loans to 8 percent and a spectrum of bonds and equities including Atchison and United Fruit with varied quotes and some ex-dividend notes.
MENTIONED IN THIS ARTICLE
London
Paris
South America
Continental
National Bank
New York
New York Trust Companies
Wheeling & Lake Erie
United States
Prime Mercantile
Sterling Exchange
Boston
Atchison Adj
Atchison
Boston & Albany
Boston & Maine
Fitchburg
Mexican Central
N. Y
Union Pacific
American Telephone and Telegraph
Dominion Iron and Steel
Edison Electric Illuminating
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machinery
the States Steel
Special Dispatch
Commercial Tribune
ST. Louis
New York Exchange
Available grain supplies fall across major markets
New York June 9 special cables show U S and Canada wheat down 1 714 000 bushels with total American and European stock down 6 924 000 bushels. Corn and oats also drop while boosts occur at Milwaukee elevators Ogdensburg Goderich and Manitoba with varied declines and increases.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
United States
Rockies
Canada
Europe
Milwaukee
Ogdenburg
Goderich
Ont
Manitoba
Omaha
Boston Mining Prices and Tots in Market Trading
Boston financial bulletin lists mining stock prices for June 9 with numerous companies including Amalgamated 66 percent, Calumet and Hecla 674, Isle Royale 18, Quincy 84, United Copper 7, Michigan 8, Michigan, and Nevada 11 percent, marking widespread activity in the mining sector.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Allouez
Amalgamated
Atlantic
Bingham Lie
Calumet
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 States Mining
United States Oil
Utah
Victoria
Winona
Wolverine
North Butte
Butte Coalition
Nevada
Arizona
Arizona Commercial
Greene Cananea
Coffee futures open steady amid light trade in New York
The New York market opened steady to unchanged with light volume and local support, closing steady to 10 points higher. Traders reported 9,150 bags sold, with June at 5.95c September 5.95a6c December 5.90a5.95c March 5.95c and spot Rio 76c Santos 48c, Muld dull, Cordova 9% at 3c.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos
C. Muld
Cordova
Quiet New York Dry Goods Market Shows Steady Demand
The dry goods market in New York on June 9 remained quiet and steady as demand broadens. Mill orders arrive steadily, staple cotton ends sell fairly, exports of prints and colored cottons are gratifying, yarns hold steady to higher, linen trade stays fair on the lower end, and cotton quilts are being ordered well.
MENTIONED IN THIS ARTICLE
New York
New York Mining Prices Reported From June 9
Market brief lists prices for several mining stocks in New York on June 9 including Alice 2.00 Breece 0.10 Brunswick Con 0.05 Comstock Tunnel stock 0.33 Comstock Tunnel bonds 0.18 Con. California and Virginia 0.61 Horn Silver 0.50 Leadville Con 0.05 Little Chief 0.05 Mexican 0.60 Ontario Ophir 2.60 Small Hopes 0.18 Standard 1.85 Yellow Jacket 0.66.
MENTIONED IN THIS ARTICLE
New York
Brunswick
California
Virginia
Leadville
Ontario
Cotton seed oil prime price in New Orleans
New Orleans June 9 Prime cotton seed oil priced at 47 cents per pound.
MENTIONED IN THIS ARTICLE
New Orleans
Cincinnati Gas and Electric Dominates Day’s Market Update
Market reports show Cincinnati Gas and Electric as a prominent feature with multiple trades listed. Bank clearings totaled 3,758,060 dollars across Cincinnati and other cities, with various premiums on New York exchange and diverse call loan rates noted. several securities including Procter & Gamble and Third National Bank traded, while the bond market remained largely steady.
MENTIONED IN THIS ARTICLE
Cincinnati
New York Exchange
Columbus
Henderson Lithograph
Third National Bank
Procter & Gamble
Newport & Covington Light and Traction
Portland
Morning Call
Gas and Electric
Henderson
Col
Gas and Fuel
St. Ry
Avondale
Elmwood Place
Cotton market shows slight activity with overall decline
The New York market opened steady to lower and closed near the bottom as daily trade of about 150 000 bales reflected a weak demand and favorable weather. Liverpool and New Orleans reports dampened sentiment while wall street selling and futures drifted lower in reaction to rains and flood fears.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Wall Street
Red River
Shreveport
Wilmington
N. C
New Orleans
Houston
Gulf
Securites Market Summary Excerpt with Dividends and Bonds
An excerpt lists various securities including Big Four 4s and C. L. & N. with percentages around 90s, unlisted securities, several bank stocks such as American National Bank and Fifth Third, and traction items like Hoov-O-R and Indiana St. Ry. bonds. Dividends and price levels are shown alongside preferred issues and regional issues.
Toledo Traction Companies Vote to Acquire T U I Railway
A joint stockholders meeting in Cincinnati endorsed purchasing the Toledo Urban and Interurban Railway for 600000 in bonds. The plan would issue 400000 to bondholders and 200000 for debts, funded by 187500 existing bonds, with voting favoring the deal over 11000 to 1000. Some dissenters may later switch to support.
MENTIONED IN THIS ARTICLE
Toledo, Bowling Green & Southern Traction Company
Toledo Urban and Interurban Railway Company
Cincinnati
H. J. Gibson
William H. Stewart
C. H. Blackburn
R. H. Weatherhead
F. C. Lawson
R. E L. Martin
Charles E. Francis
E. E. Kellogg
T., B.G. & S. Traction Company
T. U. & I. Railway Company
T., B. G. & S. Traction Company
T. U. & S. Railway Company
Banks Seek National Currency Commission under Aldrich plan
The first application for approval of a National Currency Commission under the Aldrich Vreeland law was filed with the Treasury by KE Southard Parker of the National Metropolitan Bank as chairman of the Washington Clearing House Association. Banks to organize a citywide association. Treasury to issue guidance forms in about two weeks.
MENTIONED IN THIS ARTICLE
Washington
National Currency Commission
Aldrich-Vreeland
Treasury Department
KE. Southard Parker
National Metropolitan Bank
Washington Clearing House Association
Turpentine and Rosin Market Report Across Cities
Wilmington and Savannah show firm or quiet tones in turpentine and rosin with varied receipts and prices. Oil City and Toledo report price ranges and shipment figures, while Charleston notes quieter activity and no sales in turpentine or rosins.
MENTIONED IN THIS ARTICLE
Wilmington
Oil City
Toledo
North
Lima
South
Indiana
Savannah
Rosin
Charleston
Markets in Cincinnati June 9 1908 overview
Cincinnati markets report a mixed session with Wheat and Flour lower and demand light, Corn and Rye softer, Hay steady with strong inside figures, Whisky firm, and various grain and mill feed prices. Receipts and shipments show broad commodity movement across apples, oats, cattle, butter, coffee, oranges, coal, and more.
Market Price List of Fresh Produce and Meats
Prices show apples at 2 to 2.50 per barrel, asparagus 1 per dozen, bananas 1.75 to 2 per bunch, beets 25 to 30 cents per dozen, carrots 15 to 20 cents per dozen, cantaloupes 2.75 to 3.25 per crate, cabbage 1 per crate, cucumbers 30 to 35 cents per dozen, lemons 3 to 3.50 per box, oranges 3 to 4 per box, onions 10 to 15 cents per dozen, potatoes 2.60 to 2.75 per barrel, new potatoes 3 to 3.25 per barrel, strawberries 2.50 to 2.75 per crate, string beans 1 to 11.25 per hamper, squash 1.25 per crate, tomatoes 1.40 to 1.50 per unit, green meats prices for hams and ribs listed up to 9.25, billings show various premium cuts and prices.
MENTIONED IN THIS ARTICLE
S.ter
Columbia Gas
Col. Gas & F
Cuyahoga
G.&p
Foulds M. M
Fleisch
Cincinnati
Consol
A. O. Oocones
J. J
F. A
M. N
Southern Ry
Senneeeeewenee
Ter
Seenewee - Water Works
Eseseenees O
J. du ¥Neeee
Gilbert W
Hunt St. W. S
Benson Street Bridge
Big Miami Bridge
Covington
Alabama
Messina
Palermo
Florida
Santos
Java
Japan
Michigan
Akron Crescent Farmers Socaveueee
Cleveland
Chenmandet
Sas Aes
New York
Ohio
Wool Market Quiet With Slight Firmness In Boston
Boston reports a quiet wool market with a firmer tone and improved demand outlook though no major declines are expected. Domestic and regional fleece quotations show small variations across Ohio Pennsylvania Kentucky Indiana Missouri Texas and Georgia markets. St Louis notes wool firm on medium combing and clothing grades with lighter fine and tub washed ranges.
MENTIONED IN THIS ARTICLE
Boston
Ohio
Pennsylvania
Delaine
Kentucky
Indiana
Missouri
Texas
Georgia
Lake
ST. Louis
London tin and metals market mixed amid dull domestic activity
New York reports London tin prices easing to £128 19s spot and £128 12s 6d for futures, with local bids from $28.12 to $28.50. Copper rose in London to £58 5s spot and futures at £28 15s. locally dull with electrolytic around $12.50 to $12.75 and copper costing $12.37 to $12.50. Lead steady in London and firmer locally near $4.37 to $4.50. Spelter unchanged. London 219-58 and $4.60 to $4.65 locally. Iron up in London for Cleveland warrants. Northern No. 1 and Southern grades listed. ST. LOUIS end price $4.40. Spolter 34.4738.
MENTIONED IN THIS ARTICLE
New York
London
Cleveland
Northern
Southern
Southern Soft
ST. Louis
Spolter
Also Mentioned on This Page
George Eustis
Megeanite Library Railroads
Low
Neon B. & O
Alton
Colorado Southern
Erie
Great Northern
Wis
Oreee Mt
Missouri Pacific Sede
New York Central
Ontario & Ene
People's Gas Dee
Eee Pacific Mail
Republic Steel
Tenn. Co. and Me
United Cent
Western ‘Onion
Pete Ew
Eens Ween
Ticker
Taft
Charles E. Bultman Company
Roberts, Hall & Criss
New York Stock Exchange
American Tobacco
Borden’s Milk
Dominion
Otis Elevator
Royal
Standard Oil
Ann Ennee Tavis-Daly
Ely
W. Fe, Hutton & Co
First National Bank
S— C
Pac
W.ies
KR. i
P. Col
Ss— Mo. Pac
Atch
P. Zen
Met. St. Ry
S. F. Ret
North Fairmount Improvement Association
Maccabee Hall
Board of Directors of
the Receivers and Shippers’ Association
Schuler’s
Au Revoirs
Imperial Valley
Fifth-Third National Bank
Michael Ryan
Chamber of Commerce
McKinley
Chamber
Grand Hotel
L. Prather
Paul Pointdexter
Rand
Norwood
Ed Rindfleisch
Bohemia
Cincinnati, Milford & Loveland
Plainville
National Retail Jewelers’ Association
Linton Hotel
Washington, D. C
National Organization of Shippers
Boston Mining
NEW York Mining
Cincinnati Gas and Electric
Cincinnati Clearing House
Glasgow
Ask. Bishe Ieccessaddisceesy Eschuek Sd Cateem
Ask
O.&t.p
Col. & Xenia
Little Miami
Cin, & Ham
C.N. Ee
L&t
Ohio Traction
Cin
Colum, Ry
Col.ey. & L
Scioto Valley
Dopres
O.L
Industri
Cin. & Ham
Int
C.n.&c
Do. Poig
BBIOS
Ham
Kroger
Carey
Gam
Rob
Steptoe-Sh
W. Powell
Wurlitzer
Big Four
H. & Dibis
G.R
F.W
Dayton & M
Nat
Colum. & Sav. Co
Norw
Nor. Nat
Go Ie GA
I. Dopr
Eagle
IND
Ae T. W
C. J. Buddeke & Co
Uniton’Trust
Toledo-Bowling Green Company
T., N. & I. Railway
Bankers Form Commission
Edwin C. Goshorn
Pres’t
William W. Brown
William P. Stamm
Merchants National Bank
Melville E. Ingalls
Henry C. Vergason
Chas
A. Stevens
Ras’t Cashier
George R. Balch
T. William Weidinger
Foreign Exchange
Minneapolis
Fruits and Vegetables
Savings Bank
Main St
City of
S. Kuhn & Sons
East Third Street
Fleischmann Company
Baldwin
the Baldwin Company
4Th St
Cincinnati, New Orleans & Texas Pacific Railway Company
Cincinnati, O
A. Telford
Cincinnati Tobacco Warehouse Company
Frank F. Albers
Sec’y Treas
Columbus Gas and Fuel Company
G. C. Scott
B’s
Bushell
Clover
Timothy
General Merchands
Navy
Kansas City
Young Americas
Pittsburg
WOOL
Metals
Peoria
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