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Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Jun 22, 1907

Page

8

Negative Encouragement For the Stock Market

Special Dispatch to Commercial Tribune reports a stagnant stock market with weak demand and minimal price movement. It notes large gold shipments to London and Paris, Bank of England practices, unsettled foreign cues, and cautious sentiment among brokers despite some late rally and selective stock optimism.

Commercial Tribune New York London Paris Bank of England Bank of France Egypt France

TICKER TALK. London stocks skid as copper slim and gold shipments rise

American stocks in London linger near parity while copper shares falter and bankers watch a muted market. Nipissing Mines declares a quarterly dividend and Chesapeake & Ohio notes fuel railroad financing. gold exports shift cash from banks and a large transfer to London signals ongoing movements.

London Chesapeake & Ohio

Market Outlook Amid Telegraphers Strike and Trading Notes

Roberts Hall Criss predicts conservative purchases may yield profits by autumn. Bailmann notes pending strike settlement will drive irregular market. Hutton Beazell expect limited bank activity and a traders market with little outside interest.

Roberts, Hall & Criss John W. Bailmann

International Markets Open Lower Amid South unrest and Egypt troubles

Global financial activity showed quiet openings and weakness across Paris Berlin and London. Paris and Alexandria fears weighed on equities and foreign stocks, while American and Japanese issues fluctuated near parity with solid bond yields and firmer Consols as money eased and discount rates held at modest levels.

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

Burley Tobacco Market Ends Week Firm at Current Levels

The week's tobacco market closed active and strong at the prevailing price range. Old tobaccos showed firmness and reflections were light with shippers generally satisfied. Totals: 405 birds offered, 109 new and 296 old, with multiple price blocks from 4.75 to 19.55 dollars per hundred.

Metals market mixed as London tin and copper slip. lead steady

In New York on June 21 tin futures weakened with spot, copper dropped sharply in London though local prices held, and lead stayed steady at the domestic level while spelter eased in London but held firm locally. Iron prices softened abroad with mixed domestic readings, including No 1 foundry North ern at 26.00–26.25 and No 2 at 24.60–...

New York London Standard Cleveland ST. Louis

Dry Goods Trade Stirs Cautious Optimism in New York

The New York dry goods market remained largely quiet with firm prices as the day closes. Jobbing trade picked up slightly and buyers expressed confidence about future activity after the midsummer holiday. Wool demand increases with larger spinners ready to place orders while tonnamas stay quiet but firm. Dross goods show improving signs.

New York

Treasury balances report shows available cash and gold assets

Washington June 21 statement lists general fund balances excluding the gold reserve with available cash of 260,183,942 dollars, gold coin and bullion totaling 81,147,363 dollars and gold certificates of 63,368,400 dollars.

Washington Treasury General Fund

Sugar Market Report from New Orleans Trade

New Orleans June 21 sugar prices steady with open kettle at 3% to 3 1 3 cents, centrifugal at 3 to 3 4 cents, yellow at 3% to 4 cents. Molasses quiet with new syrup at 30 to 34 cents.

New Orleans

New York Bond Sales Reported By Hutton & Co

Industrial bonds and steel issues are listed with totals and prices. The report cites 46 000 and 4 000 figures, including Penn conv 1915 U S Steels and RL & P 4s, with total sales indicated.

Indus Ist Penn U. 8

Industrial shares show vigor in Cincinnati market

In Cincinnati trading, industrials led activity with Foulds Milling and Kroger preferred among movers. Barney & Smith and Cincinnati Gas issued notable bids as prices fluctuated, while one $10,000 C H & D bond sale was recorded and overall market remained featureless beyond early gains.

Foulds Milling Kroger Preferred Barney & Smith Cincinnati Gas Little Miami Railway N. & C. Preferred Toledo Railways Toledo Rys. & Light Kroger Barney & Smith Pr Gas and Electric Little Miami Gas Cin Mentary London Glasgow Belfast Carey Lockland New York

Financial listings from a historic exchange summary

A compact scan of a financial page showing various corporations and trust holdings. The list includes Bright'n Ger. 240 unlisted, Cosmopolitan 160, Cov. SEE 05, First N1. Cov. 162, Colum Bank & SAV COs, Norw. First 148, Prov. 8, Sec Savings 135, Stockyards 1207, Union 8. & T. 650, Unity Sav. 125. Traction ITO KS, several preferred and common shares with mixed percentages and prices.

Bright Cin. Trust City Hall Nat.Coy Cosmopolitan Ger Colum, Bank & Sav Cos Norw. First Union 8. & T Unity Say Traction Ito KS C.&c. Bag Prust N. &C.br.pr

Industrial and Securities Summary Excerpt

Securites, no bonds, lists of preferred issues and prices across industrials and traction bonds. Entries include American Book, Am Oak, Am Type, Hoov O R, Niles B P, Niles T W with respective prices and percentages. Ex div. dividend note for Industrial Ry segment.

Pace Sones Jv. Ps. Lith Pris. Do Pr.a.&b St. Ry

East End Bank to Open in July Under C N C Lease

President Ernst of the C N C will reach Cincinnati Monday while the only remaining formality is choosing banks for a 1.25 million dollar guarantee fund. Six banks will be in Cincinnati and two elsewhere with details still undisclosed. The Hast End Bank is to be incorporated in Columbus with capital 50 000, J A DeArmond to be president and incorporators including Rippey LeBlond McDiarmid Ferris. The firm plans quarters near Hastern avenue and Carrel street and July opening. Visitors listed include Montgomery Blanton and Kleybolte expected in town for firm matters. The Case Company is also incorporated with capital 100 000 and will run a printing establishment.

Ernst Cincinnati Calvin McDermott Columbus Hast End Bank Capital J. A. DeArmond W. C. Rippey R. K. LeBlond C. J. McDiarmid Charles Ferris Hastern Avenue Carrel Street

Money on Call Rates and Bonds Reported Across Cities

New York and Boston report varied money market activity with call loans at 4 to 5 percent and time loans up to 6 percent. Bond markets show railroad weakness while several utilities and industrials list mixed prices and yields across Atchison Mexican Central Union Pacific and other issuers.

New York Prime Mercantile Paper Sterling Exchange Boston Atchison Adj Atchison Mexican Central Boston & Albany Boston & Maine Boston Elevated Fitchburg N. Y Union Pacific American Sugar American Tel American Woolen Edison Electric Illuminating Massachusetts Electric Massachusetts Gas United Fruit United Shoe Machine United States

Oil and Turpentine Prices and Shipments Across Cities

June reports show North Lima See South Lima and Indiana oil 89c in Toledo. Savannah Turpentine steady with rosin and a wide price range. shipments and stocks detailed. Wilmington notes little activity. rosin and tar prices stable. Oil City reports balances and shipment totals with averages.

Toledo Lima Indiana Savannah Charleston Wilmington Oil City

Dairy Markets Report United States June Prices

Kansas City and New York market roundup shows butter steady to firm, cheese easy to firm, eggs steady with modest receipts, and poultry values mixed. Western creamery butter ranges 23% to 24 cents, Western firsts eggs about 15% to 17 cents, and various regional price moves noted across Chicago New York Philadelphia circles.

Kansas City Chicago Springs New York Philadelphia

Wool Market Reports From Boston and St Louis

The Commercial Bulletin notes fair wool volume with demand for finer New Texas wool at 28a24c for eight months and 21a27c for twelve months. Scented sales for scoured fine reach 68a70c. pulled wools 62a70c. foreign advices strong. Shipments to June 20 total 191,445 lbs, vs 112,652,823 lbs last year. receipts to June 2 total 119,426,303 lbs, vs 119,257,789 lbs. In St Louis the woolst prices show medium grades combing 25c, light fine 21a21c, heavy fine 17c, tub washed 23a25c.

Boston Commercial Bullétin of ST. Louis

Revenue report shows May 1907 receipts rise over 1906

The May 1907 internal revenue statement totals 22,535,761, a 2,089,078 increase from May 1906. Eleven months yield 246,539,673, up 19,745,616. Spirits rise 1,719,975. fermented goods up 297,834. others show varied gains.

Washington Internal Revenue

Weather Recovery Boosts Trade Yet Holds Back Pig Iron

R G Dun reports seasonable weather lifts activity across sectors with improved crop prospects and larger fall orders. Pig iron demand remains restrained due to future needs and existing contracts. Cotton goods steady with some higher quotations. leather, hides, and apparel markets mixed. Overall stock levels rise but New York exchanges omitted due to Wall Street effects.

New York R. G. Dun & Co Review of Trade Dun Boston Baltimore Richmond Nashville Louisville New Orleans St. Louis Cincinnati Kansas City Chicago Cleveland Toledo United States Wall Street

Coffee futures steady as Rio Santos crop estimate cited

New York traders opened coffee futures steady with minor gains as cables and Rio Santos crop forecasts influence. A French firm estimated the new crop at 11 million bags, with July at 5.20 cents, September 5.20, December 5.25, and March 5.35 cents, while spot markets showed Rio No 7 at 6 1/2 cents and Santos No 4 at 7 1/2 cents.

New York Rio Santos Cordova

Mining Stocks Roundup Features Wide Swings Across Markets

Boston stock roundup lists varied gains and losses with names like Amalgamated, Calumet and Hecla, United States Oil, Nevada, Arizona groups and numerous percent changes. Highlights include United States Mining and Osceola among others in a volatile session.

Boston Ature Allouez Amalgamated Atlantic Bingham A Calumet Hecla Centennial Igan Moha Coke Old Dominion Osceola Parrot Quincy Shannon Trinity United States “Mining United States Oil Utah Victoria Winona Wolverine North Butte Butte Coalition Nevada Arizona Arizona Commercial

Funeral of C C Vogt Halts Tobacco Break Sales

Louisville dispatch reports no tobacco break sales today due to the funeral of C C Vogt, resident manager of the American Tobacco Company.

Bperial Dispatch Commercial Tribune Louisville C. C. Vogt American Tobacco Company

Cattle and Hogs Fall With Mixed Demand Across Markets

Cattle receipts fair with fat cattle scarce and prices steady to higher in some regions. Hogs see brisk demand for medium and light weights. lambs and sheep show softer tone in several markets, with large receipts and varied price ranges across St Louis Chicago Kansas City and Omaha.

Illinois Indiana ST. Louis Texas New York Reeves Liverpool London Kansas City Western Fed Omaha Chicago

Cattle and Hog Prices From Pittsburg and Buffalo Market Notes

Cattle supplies light and steady with varied prices across categories in Pittsburg and Buffalo. Hogs show steady to easy demand with prime heavy hogs around 6.30 to 6.66 and pigs near 6.45 to 6.50. calves, sheep, and lambs also listed with multiple grades and ranges.

Commercial Tribune Pittsburg Buffalo

Ohio Incorporations Special Dispatch

Ohio incorporations report lists nine companies formed in Cincinnati Springfield Massillon Zanesville Union Furnace Conneaut and Sylvania with capital ranges from 1 000 to 100 000 and names of organizers. Notable entities include The Thomas J Caie Company The Springfield Confectionery Company The Greater Cincinnati Realty Company and The Sheriff Street Market and Storage Company.

Commercial Tribune Columbus Thomas J. Caie Cincinnati Alexander Cameron Arthur H. Caie John E. Findley Ferdinand Jelke Springfield Confectionery Company Springfield C. T. Crum H. A. Hartman George A. Lauer Margaret E. Crum Charles E. Miller Greater Harry A. Bennet H. M. Douglas M. S. Elliott N. I. Morrow Ohio Drilling Company Massillon Albert Ellery F. E. Drake S. H. Hughes Thomas O. Poe Alfred H. Mayer New Plymouth Telephone Company Union Furnace W. P. Miller W. A. Hornes C. W. McClain F. M. Ludlow R. B. Longstreet Union Land Company A. Strauss George Jackson Fostoria Public Hospital Association Fostoria John H. Morris E. W. Allen A. A. Weber C. C. Anderson Citizens’ Telephone Company Sylvania F. J. Maisen J. L. Saum R. J. Skinner Anthony Lauer Alice Houghton Sheriff Street Market and Storage Company Cleveland J.M. Henderson Mars Wager

Rumors of Sully backers lift speculative market mood

Rumors circulated that Sully interests plan a return to the bull side with Western backing. Cotton opened steady and fell 3 to 5 points, then rallied as big buying emerged after bears shifted stance, aiding gains late in the day.

Sully Foster & Co W. E. Hutton & Co

Cotton market rally ends steady after late-day strength

New York trading showed moderate activity with a late rally after a morning decline. For the day 200000 bales were sold, with July and October futures steadied near the day’s close while New Orleans and Liverpool reports noted steady to dull tones and varied quotes across months.

New York Western Connection Texas Weather Bureau New Orleans Hester Kiee Vane Tokal Ainst Ieee York Liverpool

Adams Con to Brunswick Con and Others Trade Items

New York reports Commodities with varied values including Adams Con .10 Alice 4.00 Brunswick Con .50 Comstock Tunnel .3 Con. Cal. and Va. .60 Horn Silver 1.3 Iroh Silver 2.20 Leadvilla Con. .08 Ontario 3.25 Ophir 70 Potosi 55 Nevada .20 and more noted in market listing.

New York Adams Brunswick Comstock Tunnel Con. Cal Little Chief Ontario Potosi Nevada

Market Quotes for Clover Seed and Timothy

Toledo reports grain futures with Clover seed prices: Cash 9.30, October 8.27, December 8.124, March 8.12. Timothy listed at 3.35 and Alsike at 8. The brief notes June 21 reflect price movements and contract terms.

Toledo Timothy Alsike

Also Mentioned on This Page

San Francisco J. E. Jones & Co W. R. Todd & Co St. Paul The Pacifics Charles E. Bultman Page & Hill George Eustis Mercantile Library Law Atlantic Coast Cess Canadian Pacific Co G. W. Alton Colorado Southern Delaware .& Hudson Erie Com Great Northern Manhattan Tenon New York Central Northern Pacific Rock Island Southern Amal Car & Fdye Whee Distillers’ Securities People’s Gas Pacific Mail Ticker Ee Iee Securities Nipissing Mines H. M. Beazell Pari Metals Treasury Statement W. B. Hutton & Co First National Panic Building Fotal Sales New York Exchange Special Dispatch St, Louis Call Money Time Money Ask Igs Panama Ask. Cin Im. Ry Col. & Xenia Ham I. Ds Ohio Bol P Seas Bt. Ry Ec. B Col. Ry T.P Go & B ColRy. & L Det UN. Ry Scioto Valley U. M Jergens Globe Soap Tool Bridge Brownell Ey F Hous. Stan Casey-H Hueb.Tel Ch. C Ph. Carey Pr Proc Gam Columbia Gas 2 Col Rob’n Realty Caseman Tel Eptoe U.S Fleichm W. Powel Atlas Covington F. A J. Wwaw Sint J. J Do Redemp Ik Newport Bonds Water Works Columbia Gas Fay Ae ‘Egan Cdi Es Bice C.N C. Isw Col. Croset Doe Hank Lind Int Mt.Au Cov Nor Ohio T. Shaw Tol.Ur Corsol J._J M. N Southern Ry Ee Water Works Eeeee Water Works Anette Hamilton County Elizabeth Brie Longview Sethe Ge Big Miami Bridge C.R.& FW iDay. & UN C. W. Montgomery Onward Ind W. J. Beggs Gadsden Ala I.rs Blanton Rudolph Kleybolte Eieconon Rudolph Kleybolte & Co Thomas J. Case John Caie John RE. Findlay Business Men’s Club Louis Bettmann F. c. Lewis Bi Franz Lamar F. L. Long Atlanta C. Brandon Detroit A. H. Currier Bozeman Ernst. Troy Troy Cincinnati Foundry Foremen’s Association Grand Hotel Advertisers’ Club the Lagoon Warren G. Harding Solon P. Goode James B. Swing Roberts Hall York Stock Exchange Criss New Ask Borden Umbia Chicago Subway Havana Tobacco Montreal Otis Elevator Royal’ Raking P 92 Standard Co Owder Tonapah Bos 510 United Copper Ate WOOL Iran New England Boston Mining Tobacco Covington, KY Jas Geo E. Engel Cashier Hamilton H. P. Colville Spencer Trask & Co W. H. Fillmore & Co St. Paul Building J, E. Jones & CO Carlisle Building S. W. Cor 4Th and Walnut City of Kuhn & Sons East Third Street Wurlitzer Piano Werth Wurlitzer Ee Cincinnati, New Orleans & Texas Pacific Railway Company A. Telford Cotton Letters John W. Ballmann W W. R. Todd & Co Y C. J. Buddeke & Co NEW York Mining Peoria
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