Stocks Fall as Bears Lead Market Downdraft
New York June 9. Stocks declined as bears dominated trading amid a broader negative mood. Southern Pacific fell after news on retiring its preferred stock, while Union Pacific attracted buying on anticipated dividend shifts. Government crop reports and New York City bond sale results added to cautious sentiment and slight rate rises.
MENTIONED IN THIS ARTICLE
New York
Southern Pacific
Preferred
Union Pacific
Harriman
Nion Pacific
Union Pacific Treasury
Europe
Stock Exchange
New York City
Fleischmann Company
Ticker Talk
American stocks in London are heavy and below parity. Lake Superior corporation stockholders hold a special meeting. Havemeyer estate sells Woolson Spice to Crossman and Sielcken. American Sugar drops coffee stake. Southern Pacific preferred callable July 15. Cotton belt sees better temperatures. Open shop hopes rise in tin. Twelve industrials gain 0.02 and twenty railroads rise 0.42.
MENTIONED IN THIS ARTICLE
Havemeyer Estate
Woolson Spice Company
Crossman & Sielcken
American Sugar Company
Southern Pacific
Cotton Belt
Grain Supplies Change Across U S and Canada June 1993
Bradstreets telegrams show changes in available grain supplies US and Canada. Wheat across U S east of Rockies fell 2,341,000 bu and Canada fell 2,069,000 bu, total US and Canada down 4,410,000 bu. Afloat for Europe fell 300,000 bu, total American and European supply down 4,710,000 bu. Corn US and Canada rose 695,000 bu, oats US and Canada fell 24,000 bu. Major decreases centered in Manitoba 192,000 bu and Sarnia Point Edward 149,000 bu.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
United States
Rockies
Canada
Europe
Manitoba
Sarnia
Point Edward
Financial and Personal Notes from Ansonia and Moscow
Visitors from Ansonia and Moscow attended yesterday's events. Railroad men conclude Southeast Mississippi Valley conference today at the hotel. About 400 Business Men's club members will join Laughery Island outing tomorrow. Entries close this afternoon. prizes awarded for all events. Corporate leaders Hinsch and Cooke report progress. both recovering. Captain Shinkle returns to duties after visit with his father. Notable visitors register at the Business Men's club. A Cincinnati firm forms Merchants' Time Card Bureau with $10,000 capital to publish passenger tariff schedules.
MENTIONED IN THIS ARTICLE
Laughery Island
Cincinnati
Merchants’ Time Card Bureau Company
W. A. Scott
F. A. Brennen
J. F. Ryan
Fred Koch
J. M. Williams
Walnut Hills backs Brleekman rapid transit plan resolution
The Walnut Hills Business club passed a resolution endorsing the Brleekman rapid transit project following a committee review. Members named to the committee include E. E. Williamson Dr. John J. Murphy W H Cowquill C V Rothier and Thomas Bray. Thomas E Cullen chief clerk at the Munro resigns to enter the hotel business in Oklahoma City Okla after five years at the Munro and previously with Burnet where his father T J Cullen is manager.
MENTIONED IN THIS ARTICLE
Walnut Hills Business Club
Brleekman
E. E. Williamson
John J. Murphy
W.H. Cowquill
C. V. Rothier
Thomas Bray
Thomas E. Cullen
The
Munro
Oklahoma City
Okla
Mr. Cullen
Burnet
T. J. Cullen
Market updates show large grain shipments and gains
Grain figures mention 000 bu in Chicago private elevators and 54 000 bu, with increases in Goderich to 137 000 bu and Fort Worth to 110 000 bu. The brief items note sizable cargo volumes and regional shipping changes.
MENTIONED IN THIS ARTICLE
Chicago
Goderich
Fort Worth
Money Rates and Bonds in New York and Boston Market
New York reports easy money on call at 1 to 2 percent with firm time loans and high rates for longer terms. Sterling exchange steady, government and railroad bonds steady to easy. Boston shows call loans at 2 to 3 percent, time loans 3 to 5 percent, with diverse rail and industrial issues quoted.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Boston
Mass
Atchison Adjustable
Atchison
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
N. Y
Union Pacific
American Argo Chemical
American Pneumatic Tube
American Sugar
American Tele Phone and Telegraph
American Woolen
Dominion Iron and Steel
General Electric
Massachusetts Electric
Special Dispatch
Commercial Tribune
ST. Louis
New York Exchange
Adove
San Francisco
Salt Lake
The Rice Market Shows Irregular Demand And Mixed Prospects
Demand varies with region as Honduras and Japan rice imports remain sought after while domestic and Atlantic markets show firmness and quiet. South and interior markets slow with mills closing. exports from New Orleans and Charleston report strong or steady receipts and sales, with carryover into next season.
MENTIONED IN THIS ARTICLE
Honduras
Japan
Atlantic
Louisiana
Texas
Asoa
Dan Talmage’s Sons Company
New Orleans
Talmage
Charleston
Carolina
Markets Show Mixed Demand and Weak Close Across Exchanges
London markets demand money rising with firmer discounts while equities drift. American securities swing with Wall Street, Rio Tinto and copper shares heavy, US Steel slight dip. late session drops follow New York offerings. Berlin and Paris bourses close uncertain with firm or irregular trade and modest money rates.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Wall Street
Grand Trunk
New York
United States Steel
Souaeen Pacific
Anaconda
Atchison
Baltimore & Ohio
Canadian Pacific
Chesapeake & Ohio
Chicago
Illinois Central
Louisville & Nashville
Missouri, Kansas & Towny
New York Central
Norfolk & Western
Ontario & Western
Pennsylvania
Rand Mines
Reading
Southern Railway
Southern Pacific
Union Pacific
Wabash
Amalgamated Copper
Berlin
Exchange
Paris
Boston Mining Prices and Index Figures
Boston mining market report listsJune 9 values for numerous mining stocks and commodities led by Calumet & Arizona 108 percent Copper Range 82 percent Osceola 138 percent Calumet & Hecla 670 percent Utah 4444 percent and United States Oil 83 percent. The compilation covers Amalgamated Arizona Commercial Atlantic Butte Coalition Centennial Copper Range Daly West Franklin Granby Greene Cananea Isle Royale Massachusetts Mining Michigan Montana Coal and Coke Nevada Old Dominion Parrot Quincy Shannon Tamarack Trinity United Copper United States Mining Winsona Wolver ine North Butte and other firms.
MENTIONED IN THIS ARTICLE
Securiti
Roberts, Hall & Cr
York Stock Exchange
Isa
Daly-West Weseos
Trinity Ye
Uta Cors
Green Cananea
Davis-Daly Ods
Cumberland-Ely
Nipissing Mines Co
Crown
Teeter Nmr Esecs
Kerr
McKinley
Boston
Adventure
Allouez
Amalgamated
Arizona Commercial
Atlantic
Butte Coalition
Calumet & Arizona
Calumet & Hecla
Centennial
Copper Range
Daly West
Franklin
Granby
Greene Cananea
Isle Royale
Massachusetts Mining
Michigan
Montana Coal and Coke
Nevada
Old Dominion
Osceola
Parrot
Quincy
Shannon
Tamarack
Trinity
United Copper
United States Mining
United States Oil
Utah
Victoria
Winsona
Wolverine
North Butte
New York Mining Prices Report June 9
Market notes show quotes for several mining stocks across New York. Active items include Albany and Comstock tunnel players with fractional gains and losses, Ontario level trading around 3.50, Ophir near 1.75, and lead minerals like Horn ver and Little Chief near small fractions.
MENTIONED IN THIS ARTICLE
New York
Alice
Brunswick
Con
Cal
Leadville
Ontario
Cotton seed oil price in New Orleans market
Cotton seed oil in New Orleans on June 9 shows prime refined in barrels at 5.60 cents per pound.
MENTIONED IN THIS ARTICLE
New Orleans
New York Bond Sales Summary
Bond market brief shows So. Pac 70 records and Erie convertible notes traded. Total sales volume listed with percentages and dollar amounts for several issues from First National Bank Building.
MENTIONED IN THIS ARTICLE
W. E. Hutton & Co
First National Bank
Erie
Butter Prices and Poultry Rates in Major Markets
Market reports from St Louis Kansas City New York Chicago and Toledo detail butter creamery and dairy prices limited to cents per pound and per dozen. Eggs quotes and current receipts listed with state regional variations. Poultry prices for chicks broilers fowls and turkeys shown with live and dressed rates and changes.
MENTIONED IN THIS ARTICLE
ST. Louis
Kansas City
New York
Pennsylvania
Chicago
Springs
Commercial Tribune
Toledo
Turpentine and Rosin Markets Across Several Cities
Oil and turpentine prices vary by city with notes on receipts and stocks. Wilmington shows turpentine at 37 1/4 cents and rosin at 2.25 dollars, while Charleston lists multiple grades and prices. Savannah records firm turpentine at 38 1/4 cents and rosin pricing across grades. Toledo and Oil City report regional price points and outputs. New Orleans notes receipts with no exports.
MENTIONED IN THIS ARTICLE
Wilmington
N. C
Charleston
Savannah
Toledo
North Lima
South Lima
Indiana
Oil City
Pat
New Orleans
Cotton goods market stays strong and active in June
New York reports a firm market across cotton yarns and wide and narrow print cloths, with active operations in domestic and printed goods. Knit goods open for spring 1910 at last year’s prices while silk piece goods remain quiet.
MENTIONED IN THIS ARTICLE
New York
Traction Gains Rise as Cincinnati Gas Leads Market
After a two week rest Cincinnati Gas and Electric again drew strong bids on the local stock exchange with several fractional advances and a sale near 93. Columbia Gas and Electric and Columbus Gas and Electric followed with active trading and higher prices. Bond activity remained steady while money demand stayed fair with brokers loans at 4 percent and time loans at 4 percent.
MENTIONED IN THIS ARTICLE
Cincinnati Gas and Electric
Local Stock Exchange
Cincinnati Gas
Columbus Gas and Electric
Stock Exchange
Cincinnati Tobacco
Procter & Gamble
Kroger
New York Exchange
Vut
Betwen
New Orleans Cotton Market Quiet After Mixed Trading
Cotton trading across New Orleans and Liverpool steadied after a morning of declines and late gains. Spot activity remained quiet with middling around 10 3/4 cents while futures showed a net advance in late trading.
Markets in Cincinnati June 9 1908 price report
Cincinnati markets report on June 9 1908 shows firm higher wheat and winter flour prices with spring grades rising, mixed corn and oats demand, rye steady, and whisky distillers finished goods sold. Receipts and shipments include apples bananas lumber butter molasses cattle oats cheese oranges coal coffee potatoes salt and other items.
MENTIONED IN THIS ARTICLE
Minneapolis
Northern
Isaac Lumber
London copper and tin markets mixed on June trading
The London tin market rose over a pound with spot at £134 and futures at £135 7s 6d while copper slipped. Local tin and copper quotes moved little with spot tin at £29.379a29.62, copper at £67s and futures at £61 5s, and US prices for zinc and iron stable. Lead and spelter held firm in Cleveland and St Louis markets as traders noted some activity above quotes amid quiet conditions.
MENTIONED IN THIS ARTICLE
New York
London
Cleveland
Northern
Southern
Louis
Fruits and Vegetables Price List Summary
A historical price list shows apples at 658 per barrel choice, bananas 1.50 to 1.82 per bunch, beets 4 for a dozen, cabbage 1.25 per crate, carrots 4 for a dozen, celery 0.45 per bunch, cucumbers 0.1 per dozen, lemons 2.50 to 2.75 per box, oranges various Florida and California values, onions 1.15 to 1.25 per bushel, potatoes old 3.10 and new 4.00 per barrel, green and wax string beans 1.8 and 1.00 per hamper, strawberries Tennessee 0.75 to 2.75, squab 1.50 per pound, turnips 3 to 3.5 per bushel.
MENTIONED IN THIS ARTICLE
California
Florida
Tennessee
Louisville Tobacco Auction Offers 127 Hhds Total
Louisville Ky June 9 offerings at local auction totaled 127 hogsheads with 15 hogsheads Barley tobacco. Barley in good condition, dark tobacco mainly medium and low grades. Demand strong for manufacturing leaf. Burley prices ranged 9.90 to 18.50 dollars and dark tobacco 3.50 to 10.00 dollars.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Louisville
Imperial bank weekly statement shows mixed changes
Berlin June 9 the weekly statement signals cash in hand up 33.684 million marks loans down 9.848 million discounts down 66.068 million treasury bills down 24.061 million notes in circulation down 60.558 million deposits up 18.633 million and gold in hand up 24.622 million.
MENTIONED IN THIS ARTICLE
Berlin
Imperial Bank
Coffee futures open quiet with mixed declines on French cables
The New York market opened quietly with prices largely steady after a slight decline of up to 5 points. Dealers reported 9,250 bags sold across several months including July at 6.50 to 6.55 cents, September at 6.05, and May at 5.90 to 5.96 cents, with spot and mil readings quiet and raw Rio and Santos listings minor.
MENTIONED IN THIS ARTICLE
New Orleans
Ruscen
Sabres
Idale Tau Cats
Liverpool
New York
Texas
Houston
Rioss
Santos
Treasury balance details total gold reserves and cash
Washington reports the general fund balance excluding the $610,000,000 gold reserve. Gold coin and bullion amount to $49,888,015, gold certificates total $27,335,910, and available cash balance stands at $120,510,554.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Wool Market Report From Louis MO June Nine
Wool unchanged with prices for combing and clothing at 25.830 cents, with notable quality noted as really fine. Market details summarize fiber type and standard values in a concise commodity brief.
MENTIONED IN THIS ARTICLE
Louis
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Rue Artow
Atchison Seeseesenense Ltd
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Rio Grande
Erje
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Intérboro
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Texas Pacific
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General Electric Securities
Pacific Mail
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el Eee
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Moscow
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On Hotel
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J. . Welpert
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Dayton
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Covington
Boston Mining
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Total
Cgincinnati
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Ane
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W. C. Gabennesch
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N.O
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Col. & Xenia
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T. H. FP. Colville
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S. Kuhn & Sons
E. Fourth St
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Ital
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Hall
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Navy
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B. H. Scheftels & CO
Monroe St
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Barberton
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Rudolph Kleybolte Company
East Fourth Street
Cuyahoga Ooer Nty
Weil, Roth & GO
Fourth Street
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the Baldwin Company
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Louisville Tobacco
Treasury Statement
WOOL
Phoenix Grain and Stock Exchange