Stocks Sink Into Lethargy After Early Rally
New York March 5 Professional operations in the market were larger than recently in early trading at the Stock Exchange but doubt and momentum waned by midday. Prices fluctuated narrowly with most transactions above the prior close as traders favored long positions amid thin floating stock and mixed news on iron, banking, railroads, copper, and a Rio bank failure. United States 3s fell as bonds showed irregular activity with total sales at par value 1,520,000.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York
The
Stock Exchange
Themerican Railway Association
Middle States
Rio Janeiro
United States
Ticker Talk American stocks steady in London trade
American stocks in London remain steady near parity as the London market sits idle. The Bank of England cuts rate to 3 percent while copper inquiries improve. Rock Island must finance nearly 9 million dollars before April 1 on maturing notes. Regular dividends declared on Car and Foundry common and preferred. Demand in loan crowd remains good. Car and Foundry shows a surplus after dividends of 947000 dollars, down 685000 from 1907.
MENTIONED IN THIS ARTICLE
Rock Island
Market Opens Strong Then Slides After Rate Cut
Brokers describe a brief opening strength after the Bank of England reduces rates to 8 percent, followed by a drift into business and a steady decline as trading remains light and featureless. H. M. Beazell notes no major news and transactions limited to professionals. The central feeling is subdued.
MENTIONED IN THIS ARTICLE
Bank of England
H. M. Beazell
Market tone mixed as stocks wobble then firm up
Market commentary notes stocks failed to react to bad news yet finish fractionally higher. Analysts from W E Hutton & Co Page & Hill and The Chas EB Bultman Co say underlying strength supports buying on weakness and recommend dividend stocks, despite irregular trading and a higher opening followed by recessions.
MENTIONED IN THIS ARTICLE
Union Pacific
W. E. Hutton & Co
Page & Hill
Chas. EB. Bultman Co
Money and Bond Markets Reported Across New York and Boston
New York on March 5 reports money on call at 1 to 2 percent with the ruling rate at 2 percent and sixty days at 3 percent. Sterling exchange heavy with banker bills near 486.50 to 486.55 for demand and 483.55 to 483.60 for sixty-day bills. Government bonds easy, rail road bonds uneven. Boston notes call loans 4 to 4.5 percent. time loans 5 to 6 percent. Listed prices include Atchison bonds, Mexican Central, and multiple rail and industrial stocks with varied bids and yields across the market.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterlinff
Exchange
Boston
Atchison Adj
Atchison
Mexican Central
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
N. Y
Union Pacific
American Arge. Chemical
American Tel
American Woolen
Dominion Iron and Steel
Edison Electric Tram
General W Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machine
United States Steel
Cincinnati Clearing House
Paris
Reich- Wmbpe Kg
Ces
Benenerseans
Sterling
London
Glasgow
Berlin
Ask Sisk
Cervcencecetecs
Aoe
Stock Exchange
Treasury balances show cash, gold, certs in general fund
Treasury reports dated March 5 list available cash of 267,221,560 dollars, gold coin and bullion 22,600,304 dollars, and gold certificates 37,818,380 dollars, excluding a 150 million dollar gold reserve.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Mining stock prices from Boston session reported
Boston March 6 Adventure 1% Allouez 26 Amalgamated 50 Atlantic 10 Bingham 1% Calumet and Hecla 580 Centennial 21% Copper Range 60 Daly-West 8% Franklin 7% Gran by 80 Isle Royale 19% Massachusetts Mining 2% Michigan 74 Mohawk 49 Old Dominion 35 Osceola 80 Parrot 16 Quiscy 0 Shannon 104% Tamarack 62 Trinity 13% United Copper 5% United States Mining 29% United States Oil 9% Utah 37% Victoria 3% Winona 5% Wolverine 120 North Butte 49% Butte Coalition 19% Nevada 9% Calumet and Arizona 99 Arizona Commercial 184% Greene Cananea 8%
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
Old Dominion
Osceola
Parrot
Quiscy
Shannon
Tamarack
Trinity
United Copper
United States Mining
United States Oil
Utah
Victoria
Winona
Wolverine
North Butte
Butte Coalition
Nevada
Calumet and
Arizona
Arizona Commercial
Greene Cananea
Mining Odds and Prices in New York Market Report
New York market summary lists various mining stocks and prices as of March 5. Adams Con shows 1.05, Alice 1.75, Brunswick Con 0.10, Con. Cal. and Va. 0.50, Horn Silver 0.90, Leadville Con 0.07, Ophir 2.00, Potosi 0.06, Savese 0.40, Tra Nevada minus 0.30, and others like Small Hopes 1S, Standard 1. The data reflect daily quotes for mining shares and related securities.
MENTIONED IN THIS ARTICLE
New York
Adams Con
Brunswick Con
Comstock Tunnel
Con. Cal
Leadville
Little Chief
Nevada
New York Bond Sales Snapshot Amid Mixed Yields
Financial note lists varied bond issues with different yields and amounts. Includes Mexican Central and Tex firsts, Atchison stock references, and multiple 4 to 108 percent figures, reflecting a wide spectrum of offerings.
Central trade notes and plans from Cincinnati
The Central Association of Stove Manufacturers will meet at the Hotel Linton this month with date TBA. Fleischmann Company declares 1 percent preferred stock dividend payable April 1, books closed March 16. Shoe and Leather Club votes set for March 6. Polis open 10 am to 5 pm. Two tickets claim victory with Edward H. Erlick for Blues and Joseph Kinneary for Regulars. Visitors to the Business Men's Club include S. H. Beck and others from Rockford Terre Haute Columbus Cleveland Chicago Summerville. February registry reports show 146 625 packages handled for Cincinnati firms, up 17 percent from last year. City Hall Bank elects Robert H. Doepke director and August Muth VP. quarterly 2 1/2 percent dividend payable April 1. Grain men oppose Shuler bucket shop bill before Ohio legislature. Cinati Metal Trades Association elects Neil Quillen Le Blond Chace Ritter Robison and others. Boston proposed constitution debated. Cincinnati delegation to vote against it at National Metal Trades Association meeting March 25 in New York. Secretary John Manley calls for public trade schools.
MENTIONED IN THIS ARTICLE
Shoe and Leather Club
Polis
Edward H. Erlick
Blues
Joseph Kinneary
Cinati
Metal Trades ‘Association
Business Men's Club
John W. Neil
B. B. Quillen
F. E. le Blond
J. B. Dean
E. M. Chace
Henry Ritter
L. G. Robinson
Rouge
Boston
Foreign Bourses Summary Shows Mixed London Gains and Quiet Paris
Market report from London flags easier Bank of England discounts and firmer consols with notable gains in Home rails. US stocks steady to modestly higher as New York opens strengthens overall list. bond and foreign rates cited in Calcutta Berlin and Paris reports with minor shifts in gold and currency.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Bank of England
Wall Street
United States Steel
Harriman
New York
Consols
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
Wabash
Spanish
Amalgamated
Calcutta
Bank of Bengal
Berlin
Exchange
Paris
Global Central Banks Report Mixed Money Movements
The Bank of England posts a weekly deficit in total reserves and gains in public deposits while noting shifts in bullion and securities. The Bank of France shows rising notes in circulation and treasury deposits with large declines in general deposits. Deutsche Bank reports record turnover at $22.375 billion and rising net earnings of $8.375 billion, with deposits up $23.75 billion and a steady 12 percent dividend.
MENTIONED IN THIS ARTICLE
London
Bank of England
Paris
Bank of France
Berlin
Deutsche Bank
Metals markets mixed with London gains and local slack
In New York on March 5 a moderate London tin rally contrasted with weak local copper and iron. Copper slipped locally despite firmer London prices while tin and lead showed mixed movement with no broad domestic change. Spelter and iron warrants in London fell in line with steady local quotes for lead and spelter.
MENTIONED IN THIS ARTICLE
New York
London
Lake
Cleveland
Northern
Southern
Southern Soft
ST. Louis
Dry goods market holds quiet as spring stock moves
The New York market reports quiet activity in dry goods with jobbers trading spring and summer lines but staples showing little improvement. Primary market remains quiet with easy prices on cotton goods in second hand sales. Men's wear shows slight gains while raw silk trends downward.
MENTIONED IN THIS ARTICLE
New York
Easier loan rates boost bond market and bank clearings
Cincinnati and Chicago banking markets show stronger money rates and higher stock activity. New York exchange premiums rise while money rates ease. Cincinnati Gas and Electric and Cincinnati Street Railway lead local trades as bonds and local issues hold solid quotations across markets.
MENTIONED IN THIS ARTICLE
Commercial Tribune
ST. Louis
New York Exchange
Cincinati Gas and Electric
Cincinnati Street Railway
Cincinnati and
Suburban Telephone
Columbus
Cincinnati
Dayton
Toledo
Norwood
Pig Iron Market Shows Stable Conditions and Cautious Demand
Rogers Brown & Co report little change from last week with steady prompt shipments and limited interest in large contracts. February shipments were solid, consumption in general foundry trade remains steady, and stocks are depleting. Coke demand is fair with stable prices and contracting interest rising on forward delivery.
MENTIONED IN THIS ARTICLE
Cincinnati
Iron industry gains steam with steady monthly upticks
January through February show rising iron industry activity led by pig iron from pipe makers and open hearth steel producers. Buyers order 60 to 90 days ahead, with typical orders 100 to 200 tons, while timely shipments become crucial as demand tightens and coke markets grow more active.
Cotton market mixed as Manchester delay weighs on futures
Cotton markets in New Orleans and Liverpool weaken on a Manchester mill lockout report delaying 20 000 workers. New Orleans spot mostly steady with mild declines, futures opening quiet and closing steady after early losses. Liverpool and New York show modest gains and then steady to weaker closes amid varied demand and large daily sales.
MENTIONED IN THIS ARTICLE
New Orleans
Manchester
Sesow
Sotvek
Sodys Tapas
Liverpool
New York
Post
Alabama
Ae Pageans Lister
En Guy Aibe
Gia Ptm Roa
Wool Market Report Echoes Dull Trade In St Louis
Wool prices drift lower in St Louis on March 5 as trade remains slow for medium combing and clothing grades. Market notes indicate limited demand and a cautious outlook for the fiber sector.
MENTIONED IN THIS ARTICLE
ST. Louis
Commodity price report and grain market listings
The page shows wheat, corn, rye, oats, hay, and feed prices with bid and ask ranges for different grades and futures. It lists sales figures and receipts including whisky barrels and barley, plus car and bale counts for inspections and shipments across multiple grain categories.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Northern
Fruit and Veg Price List From Local Market
The listing shows prices for apples bananas beets cranberries cabbage lemons oranges onions potatoes pumpkins rutabagas squash sweet potatoes molasses and various meats and commodities. Quantities are given per unit such as per box per bushel per dozen and per barrel along with price ranges and quality distinctions.
MENTIONED IN THIS ARTICLE
Messina
Palermo
Florida
Jersey
Dividend Declared on Columbus Gas and Fuel Preferred Stock
The Columbus Gas and Fuel Company proclaims a 14 percent dividend on its Preferred Stock payable April 1 1908 to stockholders of record at the close of business March 16 1908. G C Scott secretary.
MENTIONED IN THIS ARTICLE
Columbus Gas and Fuel Company
G,. C. Scott
The Rice Market Demand and Prices Steady Amid Scarcity
Demand for the week remains good with buyers taking needs and anticipations of future shortages. Lower and medium Honduras rice are scarce, Japan sorts 4½ to 5 cents. choice stocks ample but not excessive. Atlantic coast and New Orleans markets show firm prices and rising activity. interior markets report brisk demand and mills closing for season. Receipts for rough rice and bulk movements show firm, improved demand despite tight supply.
MENTIONED IN THIS ARTICLE
Honduras
Japan
South
Atlantic
New Orléans
Louisville
Texas
Talmage
New Orleans
Louisiana
Charleston
Carolina
Burley Tobacco Prices Scale Amid Light Rejections
Medium grades dominated yesterday with light rejections as common and bright leaf sold widely. Five warehouses offered 599 hhds new and 55 old, with detailed lots at various price ranges from $4 to $20 per hhd across firms Globe Planters Buckeye Bodmann and others.
MENTIONED IN THIS ARTICLE
Globe
Bodmann
Louisville Tobacco Market Opens With Broad Offerings
Louisville reports offerings of 1 240 hhds including 1 086 Burley and 154 dark. Market softer than yesterday though quality remains good. Sales include Kentucky 145 hhds new Burley 8.90 to 16.00. 15 hhds new dark 5.85 to 9.50. Ninth Street 144 hhds new Burley 7.90 to 17.00. People's 147 hhds new Burley 8.96 to 18.50. United 105 hhds new dark 5.50 to 11.75.
MENTIONED IN THIS ARTICLE
Louisville
Commercial Tribune
Kentucky
Ninth Street
United
New Store Set to Open on Vine Street Saturday
The New Store at 605 Vine Street will open this Saturday March 7 with an opening special advertised in Friday and Saturday papers.
MENTIONED IN THIS ARTICLE
Vine Street
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Roosevelt
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B&o
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G. W
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Davis-Daly Steetsee
Treasury Statement
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Mex
Cen
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Central Association of Stove Manufacturers
Linton
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Rockford
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Niles T. W
Rogers Brown & CO
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Eeeee Ewnewne
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Matthew Addy & CO
C. J. Buddeke & Co
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the Baldwin Company
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Carew Bldg
Steinway
the Fleischmann Company