Vacation Spirit Lifts Stocks as Traders Take Break
New York June 25 The market shows little speculative impulse as vacation mood grows. Small operators hold back amid stagnant demand and cautious bears. American Locomotive jumps after fifth dividend. Reading also strengthens while Rock Island declines amid unconfirmed reorganization rumors. Crop reports vary and Morgan remains optimistic as bonds wobble.
MENTIONED IN THIS ARTICLE
New York
American Locomotive Company
Rock Island
Gould Group
Rock Island Securities
Ticker Talk: London stocks up. rail wage disputes and feeder buy
American stocks in London trade firm above parity while governors deny a petition to close the Stock Exchange on July 3. Southern Railway extends wage agreement for three months. four Chicago railroads refuse renewal with freight handlers. Pennsylvania directors approve buying feeder NY Philadelphia Norfolk securities as twelve industrials and twenty railroads gain.
MENTIONED IN THIS ARTICLE
Stock Exchange
Southern Railway
Pennsylvania
New York, Philadelphia & Norfolk Securities
Market opens strong on Morgan optimism and American Locomotive dividend
Stocks show strength at the open with Morgan’s upbeat interview and American Locomotive dividend boosting investor sentiment. Traders buy on the drive to hold potential gains as the market climbs to the day’s high.
MENTIONED IN THIS ARTICLE
Morgan
Page & Hill
J. P. Morgan
Pig Iron Market Shows Renewed Confidence and Price Shift
Matthew Addy & Co reports improving sentiment in the iron market with stronger demand for quick shipment and rising prices. No. 2 iron is steady at 12 to 12.50 dollars f o b Birmingham while Ohio iron remains above 15 dollars. Southern prices climb from 12 to 12.50 as supply tightens.
MENTIONED IN THIS ARTICLE
Rubicon
Birmingham
Ohio
South
Financial Market Highlights From New York and Boston
New York money on call at 1 percent with closing rates at 144 percent, time loans mostly steady. Sterling exchange firm with bankers bills around 487 on demand, 485 60 for sixty day bills. Bonds weak in government, irregular in railroad. Boston reports call loans 2 to 3 percent, time 3 to 4 percent, with railroad and industrial securities showing varied bids and asks.
MENTIONED IN THIS ARTICLE
J. P. Morgan
Europe
United States
New York
Prime Mercantile
Sterling Exchange Firm
Boston
Atchison
Mexican Central
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
N. Y
Union Pacific
American Urge
Chemical
American Sugar
American Tel
Tel
American Woolen
Dominion Iron and Steel
Edison Electric Ilum
General Electric
Massachusetts Electric
United Fruit
United Shoe Machinery
United States Steel
Ask
Panama
Philippine
Cincinnati Clearing House
London
Glasgow
Berlin
Paris
Reich- Mapk
Stock Exchange
Mining Stock Totals From Boston Market Report
A Boston report lists numerous mining and related stocks with prices and percentages for Adventure 3 percent Allouez 28 Amalgamated 65 Atlantic 15 Bingham 60c Calumet and Hecla 660 Centennial 2314 Copper Range 71 Daly-West 10 percent Franklin 9 Granby 6 Isle Royale 77 Massachusetts Mining 4 Michigan 9 Mohawk 57 Montana Coal and Coke 60c Old Dominion 34 Osceola 938 Parrot 22 Quincy 8 4 Shannon 134 percent Tamarack 57 Trinity 12 United States Mining 36 United States Oil 24 Utah 40 Victoria 4 Winona 5 Wolverine 120 North Butte Coalition 22 Nevada 11 Calumet and Arizona 107 Arizona Commercial 18 Green Cananea 10.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Allouez
Amalgamated
Atlantic
Bingham
Calumet
Hecla
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 States Mining
United States Oil
Utah
Victoria
Winona
Wolverine
North Bus
Butte Coalition
Nevada
Arizona
Arizona Commercial
Green Cananea
New York Mining Prices and Offers June Report
New York market notes list prices and offers for several mining stocks on June 25. Alice 3.00, Brunswick Con. .05, Comstock Tunnel stock .35, Comstock Tunnel bonds .18, Con. Cal. and Va. .50, Horn Silver .50, Iron Silver .95, Leadville Con. .05, Ontario 6.00, Ophir 1.35, all Hopes .17, Stam ard 1.7, Yellow Jacket .45 indicating varied activity across mines and bonds.
MENTIONED IN THIS ARTICLE
New York
Brunswick
Comstock
Con. Cal
Leadville
Little Chief
Ontario
Yellow Jacket
New York Bond Sales Summary
Bond market report by W E Hutton and Co and First National Bank highlights transactions in Union Pacific, Missouri Pacific, and Western Pac 4s and 5s. Notable figures include 8,000 Union Pacific 4s at 72 and 10,000 U S Mex 4s at 46, with various ref and special issues priced around mid to high 90s.
MENTIONED IN THIS ARTICLE
W. E. Hutton & Co
First National Bank
Amer, T. & T. Co.n
Union Pac
K. C
Ft. S&s
W. i
Union Pacific
Irene
City
S, Missouri
Amos Icsice
Georgia
U. S
Pitts
Amer. Tobacco
PeintTees Syceesores
Union “Pac
Ft. Ww
Dd. C
Business Men's Club notes and finance updates
Visitors registered include George Clarke Kalamazoo Mich J W Wood Lebanon O A H Meadows Nashville Tenn O M Stern A J Jewell Chicago C Bewes Trenton N J and R L Crane Buffalo N Y The Western German Bank plans an extra 4 percent dividend on July 1 plus regular 4 percent The National Prosperity Association of Cincinnati meets to plan Sunshine literature for merchants Meats rise 25 to 50 cents per 100 pounds due to cattle and hog scarcity W R Fee Milford O and B W Gilfillian Columbus plan to reorganize Clermont County Telephone Company on a paying basis which operates eleven exchanges in Clermont County
MENTIONED IN THIS ARTICLE
Business Men’s Club
George Clarke
Kalamazoo
Mich
J. W. Wood
Lebanon
A. H. Meadows
Nashville
Cincinnati
National Prosperity Association of Cincinnati
W. R. Fee
Milford
B. W. Gilfillian
Columbus
Clermont County Telephone Company
Clermont County
London Market Quiet as Stocks Stand Firm and Rails Dull
On June 25 on the London Stock Exchange activity was undecided with firmer discounts and steady Consols. American rails like Baltimore & Ohio Union Pacific and Atchison opened firm and closed strong. Canadian Pacific rose on foreign buying. Grand Trunk remained active. Copper shares firm. Bar silver at 25 1 2 per ounce. money rate 1 1 2 percent. short bills 15 16s of 1 percent.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Baltimore & Ohio
Union, Pacific
Atchison
Canadian Pacific
Grand Trunk
Anaconda
Chesapeake & Ohio
Chicago Great Western
Chicago
Milwaukee & St. Paul
de Beers
Denver & Rio Grande
Erie
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
Berlin
Exchange
Little Miami
Cincinnati
Newport & Covington Light and Traction
Cincinnati Street
Hunt Street
Cleveland
East Liverpool
Toledo
Omaha
Council Bluffs
New York Exchange
Change transactions slow as munis steady across markets
In Cincinnati and New York, change activity was scarce with a summer lull. Bank clearings totaled 4,068,300 in Cincinnati and 34,403,780 in Chicago, while munis remained in demand and equities showed mixed firmness, led by Little Miami and Cincinnati Gas and Electric with selective sales.
MENTIONED IN THIS ARTICLE
Cincinnati
New York Exchange
Commercial Tribune
Chicago
Global Central Banks Report Weekly Balance Sheet Shifts
Paris notes in circulation fall 44 million francs while Treasury and general deposits rise in France. Bank of England sees reserves and circulation up with bullion and public deposits higher. Imperial Bank of Germany lists cash, loans, discounts, and deposits changing across June 25.
MENTIONED IN THIS ARTICLE
Paris
Bank of France
London
Bank of England
Berlin
Imperial Bank of Germany
Oil, Turpentine and Rosin Prices in Several Cities
June reports show mixed activity in turpentine and rosin markets across Oil City Wilmington Charleston Savannah and Toledo. Turpentine receipts and rosin quotes vary with firm crude prices and a range of rosin grades from A to N and window glass and water white values listed.
MENTIONED IN THIS ARTICLE
Oil City
Wilmington
Charleston
Savannah
Rosin
Toledo
North Lima
South Lima
Indiana
Dairy and egg market report from New York Kansas City and Chicago
Butter firm in New York with steady eggs and unchanged cheese. receipts 12,587 pigs. creamery specials 23 cents. Eggs steady with 17,677 cases. poultry markets show alive birds easy and various prices for chickens fowls and turkeys. Kansas City reports eggs firm with fresh extras at 16 cents. Chicago notes butter easy and creameries. market conditions wrap up with brief pricing hints.
MENTIONED IN THIS ARTICLE
New York
Kansas City
Chicago
Dry Goods Trade in New York With China Sales
New York reports about 10 000 bales of drills sheetings jeans and common flannels sold to China this week. Jobbing markets show good trade and sustained clearances for the week. Men’s wear lines are readied for post holiday open, market tone remains quiet but steady. A sweeping Aberfoyle fancy cotton sale hit 9 cents a yard, goods selling this season from one to eleven cents per yard.
MENTIONED IN THIS ARTICLE
New York
China
Louisville Tobacco Market Report Summary
Louisville market update lists ware houses and offerings for Burley and dark tobacco. Burley totals 49 plus 35 dark and 84 hhds overall with 74 original inspections and 10 reviews. Prices range Burley 9 to 20.50 dollars and dark 6.80 to 7.30 dollars.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Louisville
Burley
Unlisted Bank and Traction Bond Listings
A dense ledger of financial notes listing banks, trust companies, and traction bonds with various prices and preferred stocks. Entries include Unlisted Bank, First National Covington, Cosmopolitan Mo va Cov, Fifth-Third, Norw First, and Traction Bonds with ex-dividend details and percent bids. Numerous abbreviations and ticker-like items reflect a historical market summary page.
MENTIONED IN THIS ARTICLE
Do Fe
Dog. m
G.r.&f.w
F.W
Bright
City Hall
Cosmopolitan
N‘l
N’l
Npt
Bank & Sav. Co
Norw
Cotton Letters Signal Mixed Market Pressure
The cotton market opened firm but saw heavy selling for Liverpool and local accounts, driving weakness later. Analysts from Roberts Hall Criss say prices look reasonable yet expect little strength without changed conditions. W E Hutton Co argues the South holds much of the last crop and prices are overextended for defendable levels.
MENTIONED IN THIS ARTICLE
Roberts, Hall & Criss
Liverpool
W. E. Hutton & Co
Cotton market ends narrowly lower after volatile New York session
Cotton gains early on steady open, then weak finish as bears prevail. Reports of favorable weather and bearish crop outlook weigh on futures and spot markets in New York, New Orleans, and Liverpool with multiple months posting declines from intraday highs.
Rice Market Shows Strong Demand Across Regions
The Rice Market reports healthy demand with firm prices and declining stocks. Foreign styles and Atlantic Coast sales are active. Orleans shows strong demand while mills close for the season. Louisiana, Texas, and Southwest notes indicate tight supplies and export grades in the remainder crop. Atlantic and domestic receipts and sales are reported as strong.
MENTIONED IN THIS ARTICLE
Atlantic
Orleans
Louisiana
Texas
Talmage
New Orleans
Metals market reports in New York London and St Louis
The market summaries in St Louis New York and London show lead at about 4.40 to 4.55 locally and in London. Copper holds near 57 shillings with futures slightly lower. Tin and spelter quotations slide in London while local prices edge down but remain dull. Iron and ore prices show small shifts with foundry grades quoted in the 15 to 17 dollar range.
MENTIONED IN THIS ARTICLE
St, Louis
New York
London
Lake
Cleveland
Northern
Southern
Trust Gets Pooled Tobacco From Equity Society
Lexington Kentucky July 25 announcement that 700000 pounds of tobacco bought from the Equity Society by De Ridder and Griffith of Louisville was actually secured by the American Tobacco Company with Louisville acting as agents. It is the second large consignment from the pool with about 150000 pounds sold recently. All was sold from the 1906 pool which is nearly exhausted.
MENTIONED IN THIS ARTICLE
Lexington
Equity Society
de Ridder & Griffith
Louisville
American Tobacco Company
Coffee futures edge higher on modest demand and steady spot
New York report shows June to May futures trading with small gains as trade interest, firmer French cables, and light selling support prices. Prices closed 5 to 10 points higher with June at 5.95 cents and July 5 8, December 6.90 cents. Spot market steady with Pio No 76, Santos No 4 and mild coffee quiet at Cordova 12 to 16 cents.
MENTIONED IN THIS ARTICLE
New York
Pio
Santos
Cordova
Markets in Cincinnati Report 1908 Wheat Abstract
Cincinnati market notes from June 25 1908 show Minneapolis Wheat No 1 Northern at 1.06% feed and flour markets firm or dull across grains. Reports include No 2 white Oats 54 to 55 cents No 3 white 13 cents No 2 mixed 53 cents Rye prices varied with white and yellow categories. Shipments and receipts list numerous commodities and tonnages with barley malt flour and whisky figures.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Northern
Grocery Price List From Local Market
Prices for produce include apples at 2.50 per barrel, bananas 1.75 to 2 per bunch, beets 15 to 20 cents per dot bunch, carrots 15 to 20 cents per dot, cantaloupes 2 to 2.25 per crate, cabbage 1.25 to 1.50 per barrel, cucumbers 25 to 50 cents per dozen, lemons 3.50 to 3.75 per box, Palermo 3.50 to 3.765, Valencia oranges 4.00 to 4.50, green onions per dozen, new potatoes 3.75 to 4 per barrel, string beans 1.50 to 1.75 per bushel, squash 1.3 per crate, tomatoes 75 to 85 cents per crate, watermelons 1 barrel 25 cents each. Beef by the plate.
MENTIONED IN THIS ARTICLE
Louisville
Messina
Palermo
Valencia
Bonds Bring Premium on Southern Railway Refunding Issue
The fifty year 4 per cent refunding bonds of the Southern Railway, issued by the Sinking Fund Trustees, yielded a premium of 16181 to the city. The $600000 issue sold to Weil Roth & Co for 616081, with other bids ranging up to 612163. Additional city bonds through the auditor included an 28000 issue for the Eighth Street Bridge and a 56000 issue for the Harrison Avenue sewers.
MENTIONED IN THIS ARTICLE
Southern Railway
Weil, Roth & Co
City Hall Bank
Provident Savings Bank and Trust Company
Seasongood & Mayer
Western German Bank
Central Trust Company
Union Trust Company
William A. Reed & Co
Chicago
Breed & Harrison
Sinking Fund
Eighth Street
Harrison Avenue
Burley Breaks Report Shows Strong Demand for Bright Leaf
Yesterday’s breaks market saw heavy offerings and strong demand for bright red leaf and cigarette wrappers with high prices. Four warehouses reported transactions totaling 1,112 hhds across price tiers from $3.75 to $23.50, led by wide ranges in the $12 to $14.75 and $15 to $19.75 bands.
MENTIONED IN THIS ARTICLE
Ohio
Globe
Buckeye
Bodmann’s
Also Mentioned on This Page
Vacation Spirit
Price
H. M. Beazeil
Locomotive Common
George Eustis & Co
Mercantile Library Atchison
AS & le
Chicago G. W
Chicago & Alton
Colorado Southern
Seeee Neon
Great Northern
Tae
Ieeeene Tenes M., K
Thase
Missouri Pacific
Northern Pacific Ae
Southern Railroad
Weewlen
St. Paulie
Texas Pacific
Union Pacific San
Wabasa
Amal Copper
Am Car & Fdy
Ae Am. Smelter
Col & Iroi
Pacific Mails
Republic Steel
Uga
Western Union
Scopes
Ticker
Matthew Addy
Boston Mining
NEW York Mining
Special Dispatch
ST. Louis
Cin
Gas and Electric
Hunt St
Cleveland (O
East Liverpools
Ask. Cin. Int. Ry
N.o.&t.p
Gol. & Xenia
Do Pref
Creolat
Colum
Col. Ry. & L
Nor
Eae D. & Ti
Os Scioto “Valley
Bar, & Smith
N. Edg
Lumbia Gas
Col
Cin. Edison
Ham. Gas
Fay &Egan
la Bridge
Cin. & Ham
N.&c
N. & Dist
Col. Ay
Col. Crosst
Lone Ax & C.B
Dayton
Det
Ham, & Lind
Miami & Ger
Roberts, Hall & C
New York Stock Exchange
American Tobacco
Seereveer
Preeeer Rr
Sen
Dominion
Havana Tobacco
United Copper
North Butte
Daly West
Am. R. Mill
Jergens
Smith
Brownell Wee
Casey-H
Cin & S.tel
E . Ham
Foulds M. A
Fleisch
Globe Soap
Globe-Wer
Ham. Mo. Tool
Hin'sy F
Hous
Hueb
Kroger
Nat F. A
Ph. Carey Pr
Ph&fm
Proc
Gam
Rob’n Realty
Steptoe-Sh. U
Ss. Aneeee Ae W. Powell
Wurlitzer
Consol
J. J
A. O
F. A
M. N
Southern Ry. Ter
I. A
J D
Gilbert W
Hunt
Hamilton County
Elizabethtown Bridge
Benson Street Bridge
Big Miami Bridge
Covington
Newport Bonds
Water Works
Louisville Tobacco
Peoria
Dayton Z M
Miami
Securities
Ind. St. Ry
Ishillito
Niles 'T.W
Iw. S. Lith
Cotton Letters
Wall Street
Germany
Houston
Gulf
OEE TB
Ictus Ceess
Cca
Ic Gaede
C. J. Buddeke & Co
Union Trust Building
Months
Guia High
Low
Suly Secces Aeeee
Aee
Metals
Combine
Foreign Department
Hauilas
National Bank
Walnut Street
Postoffice
The
German National Bank
Covington, Ky
Jas. C. Ernst
S. Hamilton
George EB. Engel
Cashier
H. P. Colville
Chicago Street Improvement
S. Kuhn & Sons
East Third ST
Fruits and Vegetables
Ranton
Japan
Akron Crescent
Cleveland Diamond
Prime City
Creamery Peints
Siaiaie Dairy
Eoveneeeel
Springers
Sinet Gnd
Latonia, Ky
East Fourth ST
Southern Ohio Savings Bank
Main St
the Baldwin
Fianc
the Baldwin Company
W. 4Th St
Stain Ena Wainat
D. Ss
California
Navy
Sieisoedl Ferathers
Eden
T. Een
Benes
Timothy
Turkey
Desos
Calif