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Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Jun 25, 1909

Page

8

Rally in Stocks Driven by Short Covering in New York

A brisk rally in New York stocks extended as shorts covered with Union Pacific preferred rising to 110, aided by London demand. Analysts cited uncertainty over retirement plans and potential large short positions, while copper and pig iron gains supported sentiment. Market volatility ended with a final rally and total par value sales of 4.567 million dollars.

New York Union Pacific Preferred London Union Pacific United States

London Market Rumors Drive Mixed Trade On June 244

Money demand rose while discounts stayed quiet as new business was sparse. Gains in American stocks and Kaffir shares lifted some sectors, with copper shares led by Rio Tinto showing strength before closing near best. Union Pacific, Southern Pacific and U S Steel drew solid demand as the day progressed, with noon firmer prices and afternoon gains keeping pace with New York.

London Stock Exchange Union Pacific Southern Pacific United States Steel New York

Money Markets and Bonds in New York and Boston on June 24

New York money on call easy at 1 percent with other rates near 1 to 2 percent. sixty days 1 to 1.5 percent, ninety days 2.5 percent, six months 8.3 percent. Sterling steadies for bankers’ bills around 486.50 to 486.55 for sixty days and 488.10 on demand. Government bonds steady. railroads firm. Boston reports funds for call loans 1.25 to 3 percent. varied bonds including Atchison issues and multiple railroads. a broad range of utilities and industrials show mixed but firm prices with United States Steel at 66 and 123 for preferred.

New York Sterling Exchange Boston Mass Cal Atchison Adjustable Atchison Boston & Albany Boston & Maine Boston Elevated Fitchburg Union Pacific American Chemical American Sugar American Tel American Woolen Edison Electric Illuminating General Electric Massachusetts Electric Massachusetts Gas United Fruit United Shoe Machinery United States Steel Cincinnati W. Caen Bologna

Mining stock figures from Boston market report

Boston market summary lists numerous mining stocks and prices including Adventure 7 percent, Amalgamated 81, Arizona Commercial 3914, Calumet and Arizona 104, Calumet and Hecla 652, Daly-West 8, Isle Royale 26, Quincy 88, Shannon 154, Tamarack 69, United Copper 10, United States Mining 45, Wolverine 149, North Butte 58 and other names.

Boston Mass Adventure Allouez Amalgamated Arizona Commercial Atlantic Butte Coalition Calumet Arizona Hecla Centennial Copper Range Daly- West Franklin Greene Cananea Isle Royale Massachusetts Mining Michigan Mohawk Montana Coal and Coke Nevada Old Dominion Osceola Parrot Quincy Shannon Tamarack Trinity United Copper United States Mining United States Oil Utah Victoria Winona Wolverine North Butte

INQN AND STEEL TRADE PROSPERS

Pittsburg reports show a marked rise in pig iron and steel activity. A local firm announced a sale of 6,000 tons of basic iron for immediate delivery with prices higher than thirty days prior. Pig iron prices increased by 15 to 2 cents per ton. blast furnaces and steel furnaces run at higher capacities than a year ago.

Pittsburg

Bank of England weekly statement shows mixed changes

The Bank of England reports a rise in total reserve by £669 000 and bullion by £981 281, with public deposits up £438 000 and notes reserve up £719 000. Circulation grows £312 060 while other securities fall £95 000, government securities unchanged, reserve ratio 51.30 percent.

London Bank of England Paris Bank of France Treasury

Movement on Louisville leaf tobacco market today

Move ment on local leaf tobacco market was light with 91 birds offered and few warehouses recording sales. Burley tobacco sold in good condition with prices for 16 birds from 8.50 to 21 dollars while dark tobacco ranged 4 to 9.80 dollars.

Commercial Tribune Louisville

Bond listings from New York market with varied securities

A dense ledger of bonds and prices led by EHS Hutton and Co and First National Bank, listing Long Island, Bethlehem Steel, Atchison, Southern Pacific, National Railways of Mexico, and other issues with quantities, prices, and yields. Several entries show 102% to 115% ranges, with totals signaling a broad spectrum of corporate and railroad securities traded in New York.

First National Bank EHS M. S So. Pac Reds Ga. Ast Inc Pa. cv 2D Inc Nat. Ry Atch N.ity U.prte N. Y Penn Arch Atch. Naj U. 8. Steel Cen. Ga Salem Essecers Sereceneces Sorsnecscscessenas Essestunstscascceneae

Business Men Club and Commerce Visitors Note Turnout

Visitors at the Business Men's club included A. O. Pesson and C. F. Meyers from New Orleans and New York, while Cincinnati Chamber guests covered Berlin and Weisberg. The Chamber and Stock Exchange closed for Turner day. Alexander McDonald left Cincinnati for six months in Prince Edward Island with his granddaughters the Misses Stake. The municipal research bureau will set up in the Neave building with Rufus B. Miles in charge aiming to be ready in about a week.

Business Men’s Club A. O. Pesson New Orleans C. F. Meyers New York Charles N. Brown Evansville Ind Chamber of Commerce The Cincinnati Stock Exchange Alexander McDonald Cincinnati Prince Edward Island Misses Stake Bureau of Municipal Research Neave Rufus B. Miles

The Pig Iron Market Surges With Steady Demand

The iron market remains firm as Matthew Addy & Co notes steady buying and several large contracts. Prices rise across districts with Kasic and Bessemer in Pittsburg seeing advances while Ohio furnacemen show optimism at $14.50 for No 2 foundry in Ironton. Birmingham producers hold at $12 as railroads boost equipment orders. The market eyes a banner month for steel shipments and a return to old-time activity.

Kasic Bessemer Pittsburg Ohio Ironton Birmingham

Cotton markets mixed steady across Liverpool New Orleans and New York

Liverpool spots hold unchanged with 5 000 bales traded and 600 for export amid steady futures. New Orleans notes quiet spot at 11.00 with easing on long contracts as hot dry Southwest weather weighs. New York closes barely steady after a reaction to recent gains and bearish cables, with June to May futures around 11.20 cents and spot middling upland at 11.60 cents.

Liverpool New Orleans Beneficial P Aris Siam Ieee Rain New York Chicago Manchester Wweek Houston Gulf

Metal Markets Report Dull New York London Prices June 24

Spot tin eases in London to £152 1s with futures £134 19s. Local tin trading dull at $28 90a29.25. Copper rises in London with spot £59 10s and futures £60 6d. locally firm at $13.25a13.62% electrolytic $13a12.12% and casting $12.75a13. Lead steady at $4.35a4.45. spelter steady $5.45. Iron market inching higher with Cleveland Warrants 48s 415d. Northern No 1 foundry $16.59a17. No 2 $168.50. No 1 Southern around $16.25-$16.50. In St Louis, lead $1.37 1/2 and spelter $5.37 1/2.

George Eustis & Co Mercantile Library Atchison Dores Atlantic Coast Line Baltimore & Ohio Lili Brooklyn Rapid Transit Canadian Pacific Central of Delaware & Hudson Denver & Rio Grande Great Northern Interborough St M Missouri Pacific Sa Sieges Arts Ou New York Central OF & Wi Norfolk & Western Pennsylvania Rock Island Co TOM St. Ly St Louis Southern Pacific Southern Railway Texas & Pacific Toledo St L. & West Corpret Union Pacific Maryland Wheeling & Lake Erie Wisconsin Amer. Car & Foundry i Hides & Leath American Ice Securities Tel & Tel Bethlehem Teel Central Leather Colorado Fuel & Iron Consolidated Gas Hee Distillers’ Securitie Sly General Electric Toe Inter Harvester International Marine International Paper National Biscuit Republic Steel Utah Virginia-Carolina Chem Ty Westinghouse Western Union Sted New York London Cleveland Northern Southern ST. Louis

Treasury balance report shows available cash in general fund

Washington reports the general fund balance excluding the gold reserve. Gold coin and bullion amount to 16,995,304 dollars and gold certificates total 22,819,750 dollars. Available cash balance stands at 120,677,606 dollars.

Washington Treasury General Fund

Foreign Bourses Report Mixed Open Firmness in Paris

Paris stocks opened firm on New York cues but closed heavy. Three per cent rentes at 97f 25c, London exchange 25f 20c. Berlin trade steadied with higher American shares and London rates around 431% gpigs. Bombay Bank of Bombay discount cut from 5 to 4 percent.

Paris New York Exchange London Berlin Bombay Bank of Bombay

New York Mining Prices Reported For Various Stocks

New York mining report dated June 24 lists prices for multiple stocks and bonds. Alice 18 Brunswick Con .06 offered Comstock owned stock 2 Comstock Tunnel bonds 18 Con. Cal. and Va. .15 Horn Silver .85 Iron Silver 1.45 Leadville Con. .06 offered The Chief .08 offered Mexican .95 Ontario 3.50 Ophir 1.50 Standard 1.75 Yellow Jacket .44.

New York Brunswick Comstock Con. Cal Leadville Ontario

Seed price listings for Clover Timothy and Alsike in Toledo

Sealed price figures for Clover seed with cash and futures for October December and March, plus No 2 grade and rejected terms. Timothy Prime and Alsike Prime listed with August price. city is Toledo in June.

Toledo Timothy Alsike

Wool Prices Edge Down in St Louis Markets

Wool prices eased in St Louis with medium grades trading around 28 cents and clothing wools at 22 to 28 cents. Light fine and fine merino varieties moved between 18 and 21 cents, while washed tub stock showed soft demand and lower bids.

ST. Louis

Banks Hold Open But Markets Light in Local Trade

Cincinnati June 24 report notes light demand across securities with very light offerings. Local stock exchange shows few transactions, Kroger second preferred steady. Columbia Gas and Electric firm on limited sales. Bank clearings total 4 346 750. New York exchange premiums and loans around 4 percent.

New York Exchange Cincinnati Local Stock Exchange Columbia Gas and Electric Kroger Second Newport & Coington Light Krger

Comptroller Issues Call for Bank Reports

Washington June 24 The comptroller of the currency issued a call on all national banks for a report of their condition at the close of business on June 23.

Washington Comptroller of the Currency Today THE First National Bank First National Ae Ohio

Cattle Market Dull as Receipts Surpass Demand

Cincinnati stock market report shows cattle dull with high receipts and limited Thursday demand. Hogs and sheep also weaker. prices for cows and steers mixed while lambs and stockers hold steady. Kansas City and St Louis notes reflect softer tonality with varied gains. Texas and New York figures cited.

Internal Revenue Receipts Rise In May 1909

Washington June 23 The government receipts from internal revenue show a gratifying increase. May 1909 collections totaled 19,514,225 compared with 18,495,594 for May last year. Spirits rose 913,963 and tobacco 130,665 while beer and other fermented drinks fell 66,112. for eleven months fiscal year, fermentations down 6,175,149 versus 1908.

Washington

Market Report: Butter Eggs Poultry Prices Across Cities

June reports from New York Chicago and St. Louis show butter steady to firm, eggs steady with 12 482 cases, and poultry prices for chickens turkeys and ducks varying by city. Butter creamery and cheeses listed with modest gains while poultry trade notes dressed fowls and spring chickens with mixed price shifts.

Cperinsts New York Vania Chicago ST. Louis

Turpentine and Rosin Market Summary Across Several Cities

Turpentine quiet in Charleston at 42 1 2 cents per gallon while rosin ranges quoted 2 75 to 3 20 by sellers. Savannah shows firm rosin with mixed turpentine sales 2 75 to 3 60 and window glass at 5 60, water white at 5 45. New Orleans reports resin receipts 112 barrels with no exports. Toledo notes oil prices North Lima 34 cents. Oil City shows steady shipments and balances. Wilmington lists spirits turpentine 42 cents and rosin at 40 cents with tar at 1 60 and crude turpentine firm at 1 75 to 3 50.

Charleston S C Savannah New Orleans Toledo North Lima South Lima Indiana Oil City Wilmington N. C

Dry goods markets show steady demand and rising raw silk

New York June 24 reports steady business in dry goods with prices edging up. Hosiery and underwear orders rise for 1919, raw silk quotes up about 15 cents per pound versus old figures, dress goods active in jobbing houses, spot trade remains conservative.

New York Dreas

Coffee futures steady as market opens with small gains

New York market opens steady with near months inching higher on light support and lack of offers. Havre declines slightly as sales reach 4 30 bags with June at 6.1c and March at 5.75c. Spot quiet with Rio No 7 at 7 1 2 c and Santos No 4 at 9 4 c.

New York Havre Walsf Rio Santos

New Orleans Cotton Seed Oil Rates Reported

Grain market notes from New Orleans show prime refined cotton seed oil priced at 5.800 barrels per 1b, reflecting market conditions and pricing levels for bulk refined oil.

New Orleans Rae

Correct-Attest: State of Ohio Bank Directors Affidavit

I, I. W. S. Rowe president, solemnly affirm the statements as true to the best of my knowledge. Subscribed and affirmed before me this month day of June, 199? by George S. Hawke, Notary Public, with directors Rawson Harris Holden.

Ohio Hamilton Ss. I. W

Market notes from Cincinnati grain and livestock market

Cincinnati market report shows quiet trading in wheat corn oats and rye with prices steady to dull. Distillers finished goods sold at 1.37 per gallon while various grain and hay prices mix and range. reported sales list corn mixed, hay timothy and clover prices, and cattle and hog values amid a broad commodities snapshot.

Cincinnati Minneapolis Northern Timothy Timthy

Market Price List for Produce Hampers and Crates

A historic price list shows varied quotes for fruits and vegetables including apples at 1.75 per hamper and bananas with multiple price points per bunch. Other items list per crate or per dozen with numerous garbled spellings and inconsistent figures.

Unclear OCR listing of groceries and prices

Fragmentary item list shows various foods and goods with prices and quantities, including chicken parts, pies, wings, kidneys, pants, quilts, and fabric terms. Difficult to parse due to garbled text and misspellings. yields a snapshot of a busy market or store ledger.

Rice Market Shows Steady Demand and Moderate Receipts

Seasonable demand characterizes a week of rice trade with fair stock flow into consumption. Receipts are moderate, mainly Japan sorts, with Honduras offerings scarce. Prices steady, buyers attracted by low values, and foreign styles in steady demand to meet medium grade needs.

Japan Honduras South Atlantic New Orleans Louisiana Texas United States Dan Talmage’s Sons Co Talmage Charleston Carolina Salem Gh

Also Mentioned on This Page

London Stocks Pearcomgar Weisso Ontario & West Cceuys Tle Ch. Gr. Western Crews & Stee Joos Orci Mad Sures DPR DeCcraees DeCcraees Wy Eee Erie U. S. Steel Dea Istiprems Wapasa Grand Trunk Illinois Central Boston Mining Louisville Tobacco George S. Atwood John Scholl Weisberg, Ind J. A.conn Batt Green, Ky T. N. Wilson Dayton Chamber of Commerce Mutual Life Insurance Matthew Addy Irwin, Ballmann & Cy Walnut St al Ly li Ssedee Sk Athe Treasury Statement NEW York Mining WOOL Logal Securities New York Sennen Special Dispatch St, Louis Calif Columbia Gas Kroger PSH Estes EAS i Jrdemati Hartge RA Seteg Ab Sa Elteh AMAA Londo Glasgow Belfast BisShtanter Iissha Sioeta Char Ester Panies Siee W. C. Gabennesch Aek Ask Cine Intee Eire Col. & Xenia POO Drees Tie Ltd Little Miami Cin. & Ham St. Ry Ohio Traction CLLN Cl&t Pee Oleree O Lear Rye Als Scioto Valley Ryn Morse Um. R. Mill Jergens Bar, & Smith Lacey olatiGl By & Newpt Brownell Casey H. Pr Him. G Fleisch Atlas Nat Cent. Trust Bs Citizens Columbia Ee Cel Ugov Cmecu Globe Soap Stan Orse S. Tok Doe Covington F. A J. J Bar. & Smith Ham. Gas Ls I. & Egan Pa. Bridge Col. Gas Lst Cin. Edison Elec C.n.&c Col. Ry No.o. Oatt. Ham. & Lind T.B.G S. Ohio Ae Con Miami & Ger H. Licks Dayton & M Day Securities N. CC Law Pr Cie & Ale Eagle Merch Eylacke Queen City Cincinnati Bonds S. F M. N J. D Hunt St Hamilton County Elizabeth Bridge Sec. Sacings Traction ST Esc. &8 Bag. Pr Oak L.pr- Amer Bullock Pref Hoovid.r. Pr Niles B.P Do Pr.a.&b U. 8. Lith Shillito Co Niles T.w.pr Kanss City Reeves Sdes Caiyes Wwe U. S City of Cincinnati Etree Eee U.S S. Auhn &Sons East Fourth Street Laaa Shawn Timoth Pereira Suny Fruits and Vegetables Florida Orto Peaiplara Wass Kron Crescent Cleveland Diamond Eteere Ny Creamery Aibias Isle New York Answers Sas Coal Ats Oy Kis Weil, Roth & CO Rth Si Gése Southern Ohio Savings Bank Main ST Wurlitzer East Fourth ST the Baldwin Company W. 4Th St Juiy Cincinnati Trust Company Cou Cincinnati Gas Transportation Company M. BE Moch Sicre C.ean & E General Merchand
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