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Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Jun 14, 1908

Page

12

Greater Assurance Is Felt in Stock Market

Markets showed renewed unease among speculative holders as Erie bond coupons funding and Union Pacific bonds subscriptions influenced trading. London pressed Erie securities while Union Pacific bonds opened on the Stock Exchange at 95 percent, with small holders to receive full amounts and larger bidders a 60 percent allotment.

New York Erie Union Pacific London Stock Exchange Pennsylvania

Ticker Talk and Industry Notes From The Market

Regular 2 per cent quarterly dividend on New Haven. McAdoo Tunnel Company issues new 6 per cent notes. T. C. and I. operates seven blast furnaces. Coal demand softer than any summer since 1902. Twenty three roads for first week of June show 20.07 percent drop. ninety seven roads for April show 20.37 percent drop, eighty two roads for ten months show 12.06 percent drop. Dun's Review notes more gains than losses in commercial and industrial reports. CI President Peters of Long Island expects no permanent loss or track law. Bradstreet's cites political and crop uncertainties affecting distant purchases. trade remains quiet.

Peters Long Island

Brokers Describe Dull Start and Slow Recovery in Market

The report notes lower early quotations and a weak tone, followed by a gradual recovery with end-of-day prices near the day’s highs. Taft’s on-ballot nomination is cited as a certain factor, with platform developments expected to steer next week’s prices.

H. M. Beazell Taft

Treasury balances report from Washington June 13 1925

The Treasury announces the general fund balances as of today excluding the $150 million gold reserve. Available cash is $239,862,331 with gold coin and bullion at $30,656,841 and gold certificates totaling $32,182,000.

Washington Treasury General Fund

Cotton seed oil prices in New Orleans rise to 47c

New Orleans market report shows prime cotton seed oil at 47 cents, with traders watching nearby futures and potential demand shifts. The brief notes limited price movement and no major trades recorded.

New Orleans Prime

Markets Mixed On London Paris And Berlin Trading

London reports ample money and easier discounts with a quiet irregular stock exchange amid American securities weakness. Paris bourse strengthens after early weakness with three per cent rents at 95.35. Berlin bourse very weak on New York advice with rates at 3 percent for short and three months bills.

London Stock Exchange Anaconda Atchison Baltimore & Ohio Canadian Pacific Chesapeake & Ohio Chicago Great Western Chicago Milwaukee & St. Paul DeBeers Denver & Rio Grande Erie Grand Trunk Illinois Central Louisville & Nashville Missouri Kansas & Texas New York Central Norfolk & Western Ontario & Western Pennsylvania Rand Mines Reading Southern Railway Southern Pacific Union Pacific United States Steel Wabash Paris Berlin New York Exchange

London Stock Exchange Weekly Review Shows Slacken Week

The London Stock Exchange saw weaker activity across sectors with values generally lower for the week. Gains earlier in the period were eroded by profit taking in home rails and Kaffir stocks while Berlin selling weighed on foreigners. By Friday some improvement occurred but markets drifted downward with American securities. Erie share moved down sharply yet closed steadier.

London Stock Exchange Brazil Sweden Berlin American Rails Erie

New York Bond Sales Report by W E Hutton and Co and First National Bank

A 1957 New York bond market summary lists various securities with prices and percentages including industrials, utilities, railroads, and government issues. Notable items show Colorado Indus, Erie conv 4s, Missouri-Kansas-Texas, Union Pacific, Pennsylvania conv 1915 4s, and Western Union bonds among others with bids ranging around 60 to 105 and multiple issue dates referenced.

W. E. Hutton & Co First National Bank Bunding N— Colorado Indus Ist K. C Ft. 8 Leck, Steel Pesibe Éz Pens Gas Co Ap. Ser Csce Y. City Mit i CO Erie Ber Missouri M. Mette Mo. Pac C. Tr M. Y N.H H. Ry Penn Wabash W. U

Outing of Lumbermen's Club Set for Chester Park

The Lumbermen's Club annual outing will be held in Chester Park on Tuesday June 2 with short addresses by T. J. Moffett and B. F. Dulweber. John Ari Lloyd presented the club with his books in honor of becoming an honorary Business Men's Club member. Visitors recorded at the event include H. D. Goodale Marion Ind and others from New York City St. Louis and Chicago. The National Prosperity Association of Cincinnati will track business improvement and mail circulars to merchants and manufacturers to report employment levels as of May 1. Brown Brokerage Company transferred all office fixtures and furniture at Johnston Building 201 and 202 to Roy H Steigelman its secretary in settlement of claims.

Lumbermen’s Club Chester Park T. J. Moffett B. F. Dulweber Business Men's Club John Ari Lloyd H. D. Goodale Marion Ind B. M. Downs New York City A. W. Henicke A. H. Bruggiman St.Louis H. L. Langhear Chicago National Prosperity Association of Cincinnati Brown Brokerage Company Roy H. Steigelman Johnston Building

Bank Weekly Report Shows Strong Cash Gains Across NYC Banks

The Financier notes substantial rises across New York City associated banks for the week ending Saturday. Cash increased by 10.7 million with loan growth of 8.45 million and deposits up 13.33 million amid bond offerings. Deposits by state banks and trust companies rose in cash and loans, while reserves expanded to 56.68 million.

New York Associated Banks New York City Steuart New York Clearing House

Clearing House Banks Report Higher Reserves in New York

New York June 13 The Clearing House banks hold 53 481 300 above reserve requirements up from 6 149 100 in prior counts The table shows loans 1 213 866 600 deposits 1 289 256 400 circulation 56 634 400 legal tenders 74 237 900 specie 01 467 500 reserve 375 705 400 reserve required 322 314 100 surplus 53 481 300 ex United States deposits 506 439 400 The actual reserve stood 29.59% for yesterday Also nonmember banks and trust companies in Greater New York hold 950 664 400 in deposits 72 166 800 cash and 892 550 200 loans.

New York United States Clearing House Greater New York

Market roundup of june 13 financial quotes and bonds

New York close shows prime mercantile paper at 3 4 percent and steady sterling with bankers bills around 486.80 to 486.85 for demand. Government and railroad bonds steady financing conditions in Boston include Atchison 4s at 87 bid and Union Pacific at 144 percent. Gold and currency markets display mixed activity with various bank loan rates and security prices across numerous issues.

Union Pacific United States New York Sterling Exchange Boston Atchison Adjustable Atchison Mexican Central Boston & Albany Boston & Maine Boston Elevated Fitchbure N. H American Sugar American Telephone and Telegraph Dominion Iron and Steel Edison W Electric Lluminating General Electric Massachusetts Electric Massachusetts Gas United Fruit United Shoe Machine United States Steel Ask Panama

Mining stock figures reported from Boston market

The report lists numerous mining and commodity stocks with bid or percentage figures such as Amalgamated 66 percent, Centennial 23 percent, United States Oil 265, United States Mining 37 percent, and several others including Butte Coal, Calumet and Arizona, Tamarack and Michigan. The data reflects varied performance and valuations across firms.

Boston Adventure Allouez Amalgamated Atlantic Bingham Calumet Heola 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 265 Utah Victoria Winonavy Wolverine North Butte Butte Coalition Nevada Calumet and Arizona Arizona Commercial Green Cananeu

Dry goods market steadiness in New York amid firm undertone

In New York on June 13 the dry goods market remains quiet with steady prices and a firm undertone. Jobbers plan special summer merchandise offerings next week while holding staple goods firm. Dress linens are quiet and a Belfast mill recently placed a large order for crested linens. Burlaps are quiet but Western buyers show more inquiry for heavies.

New York Jobbery Belfast

Cloth Market Stalls as Mills Close for Whitsuntide

Manchester report shows business on the cloth market at a standstill as manufacturers shut down mills for Whitsuntide, halting trade activity and affecting shipments and prices across the sector.

Manchester

Ohio Incorporations Special Dispatch to Commercial Tribune

Articles of Incorporation filed in Columbus list firms including Asplin Smith Drug Co in Cleveland with 10000 dollars, America Publishing Co in Cleveland, Star Tool Manufacturing Co in Springfield, Lannert King Co in Cleveland, and several others with capital stocks ranging from 10 000 to 200 000 dollars. Names include John H Asplin Estella Smith Augustus E Smith Jennie I Asplin Susie A Culver H Melvin Roberts A A McCaslin Dan F Williams M Ferrell L E Kimwall P F King P A King H H King J A Lannert M Lannert. Also includes Ladies Cemetery Association Akron and The Swaine Antidote Sanitorium Co Cleveland among others, with increases and reductions in capital stock and divisions.

Commercial Tribune Columbus Asplin-Smith Drug Co Cleveland John H. Asplin Estella Smith Augustus E. Smith Jennie I. Asplin Susie A. Culver America Publishing Co H. Melvin Roberts A .A. McCaslin Dan F. Williams M. Ferrell L. E. Kimwall Star Tool Manufacturing Co Springfield Lannert-King Co P. F. King P. A. King H. H. King J. A. Lannert M. Lannert Ladies’ Cemetery Association Akron Canton German Bank Company Marietta Fremont-Yargen Co Fremont Swaine Antidote Sanitorium Co Sydenham Co Cincinnati Cincinnati Abattoir Co Monroe Oi! & Gas Co Bellaire

Financial Market Summary From Cincinnati and National Exchange

Cincinnati market notes show steady bond and stock activity with easy money rates. Reports list bank clearings of $3,893,300 and diverse bond issues, including Street and Sewer 4s and Water Works bonds, along with New York exchange premiums and routine call loans at 4 to 5 percent.

Cincinnati New York Exchange Cincinnati Gas & Electric Columbus,Gas & Fuel Henderson Lithograph Preferred Newport & Covington Light and Traction Ashtabula Hamilton (Co S. Indianapolis Street New Orleans Texas Pacific Toledo Bus and Light Cin. Gas and Electric Cincinnati Street Ry Cincinnati School

Financial market snapshot of rail stocks and bonds data

A compact OCR list shows rail and traction stocks with prices and dividends, including C& H D A 6 91 and G.R. F. W. records. bonds such as Lit. Miami 5s at 102 and Do pref 9% at 110. miscellaneous entries for Niles B P 130 and U S Lith pr 105. Investors note ex-dividend and varying par values across listed securities.

Ask. Cin Col. & Xenia Miami Traction Cin Ham C.n.&c L&t Cin St. Rys. i Colum, Ry Col. Ry R. Mill Sergens Bar. & Smith Cess Brownell Casey-H S. Ter Ol. Gas & F Cuyahoga Ham. G.&b Foulds M. M Fleisch’n Pr Bank Atlas Os Cent. Trust Cincinnati Consol S. F Eee J. J F. A M. N Southern Ry Ter Ae Water Works F. Dy Hamilton County Elizabethtown Bridge Longview Armory Occas Henson Street Big Miami Bridge Covington F. Ae Newport Water Works A, & Smith Columbia Gas Fay Pa. Brivane Col. U.L.H.& P R&t A&p Ite Cov, & C Lind Bo Rae A. F H. Carey Rob'n Realty Uve Powell Pr Wurlitzer Bullock Niles B Niles T.W

Grain and Provisions Prices Across Cities June 13

Reports from New York and other markets show dull to unsettled trading on grain and provisions. Wheat and corn futures move on rainfall and demand, with prices across Minnesota, North Dakota, and marquee exchanges noted alongside spot and futures quotes, receipts and shipments detailed for several regional hubs.

Cotton futures and spot values rise with weather optimism

New Orleans reports steady spot gains with middling at 11 9/16 cents and sales of 625 bales, while New York opens higher on week end relief and cautious support. Futures in both cities show advances of 11 to 16 points and closing steady to very steady as traders weigh weather and Red River levee news.

New Orleans Liverpool DODO Se Cvosgevecceseces Es Hee Saass Asso Coed Sian «Eee Cate Ity New York Red River Shreveport Houston Do Gulf

Oil and spirits market notices from multiple ports

June notices from Charleston Savannah Toledo Wilmington and Oil City report firm or steady prices for turpentine rosin and oil. Prices shown include rosins with varied grades and window glass and water white oil, plus shipments receipts and stock figures for several ports.

Charleston Turrentine Steady &T Rosin Steady Savannah Toledo Lima Indiana Wilmington Oil City

Clover seed prices listed with futures for October December and March

The Toledo market note lists October clover seed at 7.32 percent, December at 7.25 percent, and March at 7.35 percent. Prices reflect futures activity and market timing for seed traders.

Toledo

Wool Market Rates Reported in Saint Louis

Wool prices listed include medium as combing and clothing at 16 to 18 cents, light fine dalec at 10 to 11 cents, heavy fine at 10 to 11 cents, tub washed at 19 to 25 cents.

ST. Louis

Sunday Illustrated Magazine to Feature Smiling Children

There will be another page of smiling children's faces in next Sunday's Illustrated Magazine, free with The Sunday Commercial Tribune. The handsome issue includes pictures stories jokes and incidents about people and places in the Queen City for readers to enjoy in a cool spot away from the sun.

Tribune Queen City

Cattle and Hogs Trade in Cincinnati Market Report 1908

Cincinnati markets for the week ending June 13 show overall cattle receipts steady with light to moderate demand and firm to higher prices on best steers. Hogs moved lower early but closed firm with advances over yesterday, while sheep and lambs saw increased movement and mixed price shifts across regions including New York and Chicago dispatches.

Cincinnati Cpocsst Ees Sung Wess Stare Vcs Kaavie Ant Pres Jgarse Bologna Lalic New York East Buffalo Commercial Tribune Pittsburg Chicago ST. Louis Kansas City

Metal market quiet as prices hold firm on June 13

In New York tin eased to 28.25 to 28.50 and copper remained steady around 12.87 to 12.90. Lead quoted near 4.42 to 4.47, with spelter at about 4.40 to 4.50 and iron stayed quiet amid limited cable traffic.

ST. Louis New York Heatrlaal

Dairy and poultry prices across Chicago Kansas City and New York

Market notes show butter and cheese largely steady across Chicago and New York with steady egg prices and varied poultry bids. In Chicago dairy prices range from 11 to 28 cents for creamery and 10 to 11 percent for twins, while eggs sit around 14 to 15 cents per dozen. Kansas City reports fresh eggs at 12 cents and New York records butter at 24 cents and cheese broadly steady with 5 928 weekly box exports. Poultry futures indicate alive turkeys at 4 cents in Chicago and 12 to 17 cents for dressed birds, with Western spring chicks at 22 to 28 cents and fowls around 12 to 16 cents.

Chicago Kansas City New York

Coffee futures market opens quiet with unchanged prices

New York stock market notes coffee futures opening at unchanged levels and closing inactive. Trade reports show 1,000 bags sold for July at 5.9 cents with spot ball Rio No. 7 at Santos No. 48 1/2 cents and Cordova at 12 1/2 cents.

New York Rio Cordova

Import and Export Totals at New York Port

Imports of merchandise and dry goods valued at 12,965,052 for the week ending June 6 at New York port. Imports of specie at 47,114 for the same period. Exports of specie totaling 704,030 in silver 1,702,800 in gold.

New York Remy

Also Mentioned on This Page

Mercantile Library George Eustis & Building Atchison Sneeeereerees Sombo B. R. Ar Sebati Pacific Rehiee See & Alton del, & Hucson Briecom Ae Central Steed Maibcourt Pacific Northern Pacific Rock Island Aeae St. Paul Toledo Ry, & L Wis Central Seccesss Western Union Eee Ticker New Haven McAdoo Tunnel Company T. C. and I Dun Bradstreet’s Page & Hill Treasury Statement Asie Roberts, Hall & Crismere Ork Stock Exchange American Toledeco Borden's Milk British Columbia Copper Chicago Subway Dominion Copper Havana Tobacco Otis aly-West One Ll North Buttereen Cananea Tees Davis-Daly Teteee TV Cevdeecceesvee Sceensens Rt London Stock Exchange Peoria Associated Banks Statement Boston Mining Ohio Glasgow Jesnee Cuceeacee Sree Ee CM O Ohio Traction C. B T. Rys Scioto. Valley Railro Nig Pour G- m G.r.&f.w N’l Npt Colum, Bank & Sav. Co Norw Unity Traction ST Traction St’ks— C.&8.bdg. Pr.137 150 N.C. Br Minnesota Northern Duluth Pacific Coast Bogota Central America India Continent South America Philadelphia Baltimore Japan Baltimord Minneapolis C. J. Buddeke & Co Union Trust Ocean DL WOOL The Merchants National Bank Melville E. Ingalls Henry C. Vergason Edwin C. Goshorn T. William W. Brown T. William P. Stamm George R. Balch T. William Weidinger Chas. A. Stevens Ass’t Cashier Foreign Exchange Thompson-Brown Company Chicago Street Improvement S. Kuhn & Sons East Third ST Metals Wall ST New York Stock Exchange Charles E. Bultman East Fourth Street Savings Bank Une Phoenix Grain and Stock Exchange Dresden Hubig Pie & Baking Co Simon Hubig Louis J. Staubach Sec'y and Treas Columbus Gas and Fuel Company Ga. Co. Scort NEW York Mining Brunswick California Virginia Leadville Little Chief Ontario
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