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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jun 11, 1902
Page
11
A moderately active local market showed firm prices and strong undertone amid steady demand. Notable movers included Erlanger and Cincinnati Gas and Electric issues with several trades, while bank borrowing softened and collateral loans rose at easier rates. Bank clearings reached 3 403 050 versus 4 242 660 last week.
Market notes show prices steady with some gains as investors discount a favorable crop report. Analysts cite renewed interest in rail and western shares while noting the coal strike cloud persists and caution against fresh purchases. Several firms remain bullish as crop prospects and earnings improve, though coal conditions await clarity. Invest $1 in the Tribune contest offers 1,490 chances to win.
The page lists bond sales and prices from New York dealers led by Feder Holzman Co and others. Totals show par value volumes across multiple issues with prices ranging around 108 to 119 percent, including City Gas, U P con 4s, Ist 4s, and St. M. & miscellaneous issues. The summary notes overall par value totals and varied yields for numerous issues traded on the market.
The market showed mild improvement in demand and prices after a dull period. Southern Railway led activity with a 5,000-share block, while granger stocks like Atchison and St Paul advanced on crop prospects. Weather reports fueled optimism in grain and cotton sectors, with rains noted for cotton regions already affecting rail stocks.
There were intimations of renewed mining operations but no admission of progress toward a settlement with miners. The market closed dull and steady with a dull, narrow bond market and irregular price movement. Total sales par value 11,900,000. United States bonds unchanged on the last call.
Quotations on stocks and bonds set at the Stock Exchange and outside show bids and asks for railroad stocks, banks, insurance, and local bonds. Listings include Little Miami Col. & Xenia, Cin G. & E., United, Citizens Nat, Western Gas, Union Trust, Covington Newport bonds, and various street railways with prices and yields.
Special to Buddeke reports growing market confidence despite the coal strike. Bullish factors include harvest outlook, higher dividends for Omaha and Northwestern, and overseas peace boosts. Granger shares remain strong while trading in coal carriers stays thin.
London notes closing Consols and a wide list of equities with mixed moves. Money demand rose amid Stock Exchange settlements while liquidity remained tight and near-term activity stalled. Paris shares opened calm then weakened on Turkey sales before recovering slightly at session end.
Market ledger lists daily receipts and shipments for fruits, grains, and commodities with prices and sales. Notable entries include flour and wheat quotes, corn and oats, whisky, lard, wool, hay, and various produce such as apples oranges and butter, alongside animal products and freight figures.
Mining prices and stock quotes from New York, London, and regional markets. Copper fluctuated with 60 000 lb September delivery sold at 12 27 a cent. electrolytic and spot ranges noted. Lead, spelter, tin and iron prices listed, with UK and US market contrasts and several named mines and companies.
Boston June 10 The wool market remains quiet with prices firm. Demand is tepid between seasons, mills show improved operation though not busy, and new wools are largely higher outside the market. Prices for fine, fine and medium, and staple wools are listed with varied regional quotes.
A fragmented note mentions combing the area and scouring for a person or clue in TlaTéic. No further readable details or names are available from the text.
Directors publish May comparative earnings showing revenue and expense shifts from last year. The report contrasts gross and net figures for January through May with notable changes in pay and costs for the Toledo Bowling Green & Southern Traction Company.
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