Markets React After New York Bond Issue Fails
The stock market faced disturbance as July settlements approach and a failed New York City bond offering dampened early enthusiasm. Call money climbed to 12 percent with losses in prices later in the day, while gains were seen in London arbitrage and foreign demand for American securities.
MENTIONED IN THIS ARTICLE
New York City
Commercial Tribune
New York
The
Stock Exchange
Paris
Berlin
London
Industrial Stocks See Active Day in Cincinnati Markets
Across Cincinnati Chicago and St Louis clearings rose with gains in the industrial list led by Columbus Gas and Fuel. Trading closed with several sales and strong bids for Cin Gas and Electric and related issues as bond activity waned.
MENTIONED IN THIS ARTICLE
Stock Exchange
Columbus Gas and
Fuel Preferred
Cincinnati Gasway
TICKER TALK American stocks in London hold above parity
American stocks in London trade strong with gains near parity. The London market steadies and shows limited movement as Chesapeake & Ohio halts improvements from July 1 due to labor shortages and high loan rates. Bond market offers encouraging signs while Mexico’s central bank rumors lack truth.
MENTIONED IN THIS ARTICLE
London
A. TL
Chesapeake & Ohio
Market Talk and Treasury Outlook From Beazell
What brokers say stocks may dip after a sharp rise and offer a good entry on the break. H M Beazell notes the monetary situation should improve considerably next week and opines on likely market direction and investment opportunities.
MENTIONED IN THIS ARTICLE
H. M. Beazell
Money Market and Bond Movements Across Cities
New York reports higher money on call at 6 1/2 percent with bid 10 and offer 12 lead. Time loans steady 4 to 5 percent. prime mercantile paper 5 1/2 percent. Sterling weak with bankers bills around 486.50 to 486.55, commercial bills 483%. Bar silver 67 1/2 cents. Mexican dollars 52 1/2 cents. Government bonds steady. railroad bonds firm. Boston notes: call loans 3 1/4 to 5 percent. time loans 5 to 6 percent. Listed railroads include Atchison and Mexican Central. equities and industrials show varied quotes such as American Woolen, Edison Electric, United States Steel, and United Fruit with ex-dividend adjustments.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Boston
Atchison Adj
Atchison
Mexican Central
Boston & Albany
Boston & Maine
Eeeburg
Union Pacific
American Tel
Tel
Dominion Iron and Steel
Edison Electric Illuminating
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machine
United States Steel Pth
Mining stock prices listed for several firms in Boston
A June 28 report from Boston shows trading values and percentage changes for numerous mining and ore companies including Calumet and Hecla Daly West Copper Range Grandby Isle Royale United States Oil United Copper and Nevada stocks.
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 Copper
United States Mining
United States Oil
Utah
Victoria
Winona
Wolverine
North Butte
Buttelition
Nevada
Arizona
Arizona Commercial
New York Market Summary of Gold and Silver Prices
On June 28 Adams Con led a list with .08 and Ontario at 4.0 current prices. Other notable values include Comstock Tunnel .26 and Ophir 1.70, with Sierra Nevada showing a negative 31 and Small Hopes at 35. Prices cover multiple mining entities and rar at .62.
MENTIONED IN THIS ARTICLE
New York
Adams
Brunswick
Comstock Tunnel
Con. Cal
Leadville
Little Chief
Ontario
Potosi
Sierra Nevada
Treasury Statement Shows Cash Balance and Gold Holdings
Treasury balances in the general fund with the $150,000,000 gold reserve excluded list available cash at 264,046,572 dollars, gold coin and bullion at 74,043,583 dollars, and gold certificates at 74, (incomplete data).
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
New York Bond Sales Reported by Banks
The New York bond sales figure totals $964,009 in a mixed session reported by W. E. Hutton & Co and First National Bank Building. Dealers noted uneven activity with small blocks changing hands across several issues.
MENTIONED IN THIS ARTICLE
W. E. Hutton & Co
First National Bank
Securities listing with bonds and industrials data
Traction bonds and industrials section shows listed prices for IC L N Dayton Miami and other rail and bank securities. Entries include Do pref 93 percent, C C Bdg 137 to 150, and various regional bonds plus ex-dividend note.
MENTIONED IN THIS ARTICLE
Ger. NI
Npt
Colum. Bank & Bay. Co
Norw. First
Ae Union &. & T
Ae Unity
Traction IT
Ks— Au
C.&c
C.br
Mer
Oak L.pr
Oak
Fay& Eg.com
Ee -P
de Pr.a.&b
Ind. Cie
Semi anthracite Coal Company of Maine to begin Colorado development
Albert Kleybolte Dr C A L Reed Charles Eisen and J A Stanton to be among incorporators of the Semi anthracite Coal Company of Maine with plans to develop Colorado coal properties. Five million dollar capital largely subscribed in Cincinnati and incorporation soon. Kleybolte likely to be president after inspecting the properties and praising their richness. President George W Stevens of the C&O travels to Cincinnati to sign papers to unite the C&O bridge with the railroad company.
MENTIONED IN THIS ARTICLE
Albert Kleybolte
C. A. L. Reed
Charles Eisen
J. A. Stanton
Semianthracite Coal Company of
Maine
Colorado
Cincinnati
George W. Stevens
C. & O. Bridge
Burley Tobacco Prices End Week Strong Across Brands
The market closed vigorous with tight rejections and solid demand. Bodmann and Farmers and Shippers reports show bids mainly in the 7.40 to 14.75 range, with notable lots at 8.00 to 11.75 and higher values reaching 16.00 to 17.75 for select hogsheads and grades.
MENTIONED IN THIS ARTICLE
Bodmann
Market Report from Louisville Tobacco Warehouses
Louisville trade notes a small sale day with 15 birds and 33 lots of dark sold across People's Farmers United and Pickett warehouses. Burley prices ranged from 7.10 to 15.25 per hundred, dark from 5.00 to 11.75, with overall market firmness and few rejections. Total offerings across all warehouses amounted to 44 Burley and 94 dark hhds.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Louisville
People’s Warehouse
Pickett
Burley
Markets Show Quiet Strength Across Global Exchanges
London demand for calls and month end needs lifted sentiment as gilt edged securities rose while discounts weakened. New York opened higher after US prices, then firmed with a close. Rates showed lower short bill discounts amid steady Bar silver and mixed international moves in St Petersburg Paris Berlin.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
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
New York Central
Norfolk & Western
Ontario & Western
Pennsylvania
Rand Mines
Reading
Southern Railway
Southern Pacific
Union Pacific
United States Steel
Wabash
ST. Petersburg
Paris
Exchange
Berlin
Wool market activity and Boston receipts rise
The Commercial Bulletin notes growing interest in market developments as buyers increase and shipments from Boston to June 27 reach 134,305,060 lbs while last year’s figure was 116,367,681 lbs. Receipts to June 27 total 125,462,381 lbs versus 124,343,548 lbs a year earlier.
MENTIONED IN THIS ARTICLE
Boston
ST. Louis
Improved Trade Outlook Boosts Cincinnati Retail
R G Dun & Co reports a brighter business outlook with improved merchandised distribution and reduced retail stocks. The report notes stronger pig iron and steel demand, steady leather and textile markets, slower wool progress, and better wage settlements. Cincinnati retail activity remains robust as national movement climbs, with bank clearings up 18.8 percent from 1905 and 8.7 percent from last year.
MENTIONED IN THIS ARTICLE
Carnegie Company
Dun
Boston
Baltimore
Memphis
Nashville
Texas
New Orleans
Kansas City
Cincinnati
Indianapolis
New York
United States
New York City
Sugar and Molasses Market Report In New Orleans
New Orleans on June 28 reports sugar markets quiet with open kettle centrifugal 3 and a third percent, centrifugal yellow around 5 and a third percent, seconds at 24 and a third percent. Molasses also quiet with new offerings noted.
MENTIONED IN THIS ARTICLE
New Orleans
Cotton Market Notes Signal Firm Prices Amid Local Trade
The letters report active trade and firm price levels with about 18 000 bales in July notices that were quickly stopped. Prices fell slightly on bullish August delivery signals while an average crop seems unlikely. Analysts expect market quieting after forthcoming bureau figures.
MENTIONED IN THIS ARTICLE
John W. Ballmann
W. R. Todd & Co
Cotton market shows steady gains on July notice stoppage
New York June 28 The cotton market closes steady with a net advance of 11 to 18 points after a day of activity driven by the prompt stopping of July notices. Sales around 350,090 bales with strong old crop support and rumors of bull influence in local stocks. Futures quotes rise across months, with spot prices up 15 points.
MENTIONED IN THIS ARTICLE
New York
Texas
Do Gulf
Ned Orleans
Liverpool
Values in Cincinnati Market Strength ened on Increased Demand
Cincinnati market notes demand boosts as cattle and hog prices rise in early gains. Reports show improved activity for better dry fed cattle while grassy stock remains weak. hogs and sheep vouchers follow the trend with varied receipts across major markets including Omaha Chicago and New York excerpts.
MENTIONED IN THIS ARTICLE
Cincinnati
Phoenix Collection Agency Notice in Bodmann Building
Reader alert from a historical newspaper shows a terse collection agency ad for Xecueet items. It lists contact details at Canal 1429 R and the address Bodmann Building 621 Main Street.
MENTIONED IN THIS ARTICLE
Xecueet
Sorziting
Tel
Canal
R. Phoenix Collection Agency
Bodmann Bldg
Main St
Livestock Prices Delineate Regional Market Movements
Cattle and hog receipts vary across markets in Texas Pittsburg and East Buffalo. Texas sellers post mixed ranges from 2 50 to 6 90 for steers, hogs mostly 5 55 to 6 35, and sheep lambs showing softer bids with mixed weights. Markets report steady to slow activity with price shifts reflecting supply conditions.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Pittsburg
East Buffalo
London tin and copper rise as US markets stay dull
The London tin market closed higher with spot £192 10s and futures £182 10s while US local copper quotes stay dull. Lead unchanged at $5.70 to $5.30 in London, spelter steady near $6.35 to $6.45 in New York, iron soft in English trading, and St Louis reports $5.62% with spelter at $6.35 to $6.37.
MENTIONED IN THIS ARTICLE
New York
London
Cleveland
Northern
Southern Iron
ST. Louis
Aes
Ohio Incorporations List Annotations June 28 1909
Ohio incorporations filed include Cherokee Amusement Club East Liverpool and East End Bank Company Cincinnati with 50000, Title Guarantee and Trust Company Cincinnati 300000, Milner Musical Company Cincinnati 25000, Navarre Deposit Bank Company Navarre 25000, Defiance Hicksville Fort Wayne Railway Toledo 10000, Cleveland Wrought Washer Company 25000, Parsons & Parsons Company Cleveland 30000, Whitehouse Banking Company Whitehouse 25000, Dr W D Garratt Company McConnellsville 10000, Trump Law and Mercantile Company Dayton 10000, Frank P Miller Realty Company Toledo 25000, E J Korach Company Cleveland 20000 and others.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
Ohio
Cherokee Amusement Club
East Liverpool
Ira Riebel
R. A. Gibb
Bayard Sweiger
Abert R. Mercer
Jo M. McCoy
East End Bank Company
Cincinnati
Charles 8. Ferris
Wesley C. Rippey
Edward Raber
Richard le Blond
J. A. de Armond
Title Guarantee and Trust Company
William M. Allen
Augustus G. Bosinger
John Ss. Conner
John Ledyard Lincoln
A. B. Taylor
George W. Black
Charles C. Benedict
the Milner Musical Company
Joseph Milner
W. S. Little
Raymond Streif
Frederic Strief
the Square Deal Realty Company
Dayton
Alton G. Myers
John T. Dryden
Leonidas Conover
Joseph M. Myers
Navarre Deposit Bank Company
Navarre
Michael Zinsmaster
William. G. Miller
William DB. Swaller
Defiance
Hicksville
Ft. Wayne
Toledo
Ww. E. Golding, H. C. A. Ehlert, 4Eo& Toplift, E. A. Murphy
M. I. Brown
Cleveland
Charles L Wasmer
J. E. Bettechee
Carl HB. Kramer
I. Mendenhall
Parsons & Parsons Co
A- H. Parsons
Frederick W. Parsons
E. P. Parsons
R. A. Wilbur
Benjamin A. Gage
Whitehouse Banking Company
Whitehouse
John Westerly
Michael Goodman
Ritsman Campbell
Dr. W. D. Garrat Company
McConnellsville
Charles M. Whittaker
James Johnson
W. E. Dye
John Dover
G. W. Lovell
Trump Law and Mercantile Company
Cora W. Trump
Charles H. Yager
Joseph M. Seuseman
Harle M. Hack
Marie A. Hack
Frank P. Miller
Coffee futures open steady on loan report to Brazil
New York June 23 The coffee market opened steady with small gains as rumors said the Rothschilds would lend 15 000 to Brazil for San Paulo valorization of hene. Trading was slightly more active with receipts light. Close showed steady to higher values and 32 000 bags sold. July quoted near 5 2c and September at market levels. Spot prices listed with Cordova milds at 34 0.
MENTIONED IN THIS ARTICLE
New York
Rothschilds
San Paulo
Mss
Iba
Cordova
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Call
A. O. Brown & Co
J. E. Jones & Co
Brown & Co
Foster & Co
Charles E. Bultman
Page & Hill
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Ant
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Fo C.D & Taees
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Herman Loewenstein
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Addyston
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George Spring
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Scott Culbertson
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George Gibbs, Jr
Cambridge
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Havana Tobacco
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Covington, KY
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Werth
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