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Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Mar 10, 1908

Page

8

Profit Taking Slows Advance After Sharp Market Rise

Professional operators showed conservatism after Saturday’s stock surge. Early volume hit 250000 shares, then dropped below 90000 as profits were taken. Prices steadied around Saturday’s close aided by light supply, with a later partial rebound in copper and stronger steel exports boosting sentiment. Bond markets remained firm with total sales around 2.4 million dollars.

Commercial Tribune New York Fed

Ticker Talk Stocks Rally Quiet in London

American stocks in London show a quiet session with most issues steady. E H Harriman is said to control Georgia Central and will transfer control to Illinois Central. Boston & Maine asks workers to accept a 5 percent wage cut to avoid layoffs. Steel wire trade shows activity while copper war talk is ridiculed. Lighter stock demand in loan crowd as shorts cover. Anti-Wall Street bills face slim odds in Congress.

Brokers See Market Rally Yet Recommend Profit Taking

Short contract coverage lifted prices at close and spurred expectations of higher early sessions. Analysts advise taking profits on long commitments and awaiting a reaction before repurchasing as sentiment shows cautious improvement.

H. M. Beazell W. E. Hutton & Co

Page and Hill Comment on Vise Purchases

The note reflects a cautious stance on vise purchases tied to anticipated setbacks. It emphasizes restraint and prudence amid likely future challenges.

Page & Hill

London Market Steady Amid International Settlement Demands

Money remained in good demand as settlement arrangements limited stock trading. Bank of England gold shares helped finance Russia trade. American and European securities showed cautious strength with Wall Street activity lifting prices. Notable movers included Atchison Topeka & Santa Fe Union Pacific Southern Pacific along with a firm closing in major shares and sectors.

London Bank of England Russia Stock Exchange Paris de Beerguy Wall Street Knickerbocker Trust Company Atchison, Topeka & Santa Fe Union Pacific Southern Pacific New York Naconda 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 Uni States Steel Wabash Berlin

Money and bond rates across New York and Boston markets

New York reports easy money on call at 1 to 2 percent and time loans easing with 3 to 4 percent yields. Sterling weak but firm on banker bills, Mexican bonds steady, railroad issues mixed, and various United States industrials show modest moves across the Boston market with prices quoted for Atchison, Union Pacific, General Electric, U S Steel and others.

New York United States March Prime Mercantile Paper Sterling Exchange Boston Cal Time Atchison Ad Atchison Mexican Central Boston & Albany Boston & Maine Boston Elevated Fitchburg Union Pacific American Ar U. S. Steel

Mining stock figures from Boston market listing

Boston market report shows a digest of mining shares with percentage stakes and prices for multiple companies including United Copper, Calumet & Hecla, Isle Royale, Quincy, Tamarack, Cyprus-era firms, and others across the United States mining sector. Association names and quotients indicate daily performance and relative holdings.

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

New York Bond Sales Totals and Yields Report

W. E. Hutton & Co. and First National Bank report New York bond sales with varied yields. Listings include New York Central and Hudson River 3 000 shares at 56 percent, Southern Pacific and Union Pacific notes, Northeastern issues, and total sales around 2.593 million.

W. E. Hutton & Co First National Bank

Business Men's Club backs milk sale ban bill amid various civic motions

Members of Cincinnati groups report support for Senate Bill 359 prohibiting sale of milk from cows fed on wet distillery waste. Visitors include C Paul Duffy Rochester and others. The day also notes stockholders elected at Cincinnati Union Stockyards, negotiations on Lawson Tin Company takeover, and upcoming Carriage Makers Club election. Public interest includes plans for August-September merchant entertainment and L N Bridge matters.

Business Men’s Club Carriage Makers’ Club Grand Hotel M. Sharp Carl Albrecht, Jr Otto Atmleder A. 8. Brown W. J. Brunsman H.S. Cox Fred Guckenberger Jacob Haperer, Jr D. J. Moore M. J.mcnamara R. D. Nibert C. F. Pratt H. J. Robben W. G Rossiter C. L. Stephens Is, Vandervoort O. L. Weaver Miss Mannheimer The Cincinnati School of Expression

London and New York metal markets mix gains amid dull local trading

March 9 reports show London tin and copper futures higher with spot prices at levels around £134 16s for tin and £57 0s for copper while local U S markets stay dull. lead and spelter edge up in London with mixed domestic activity. iron prices rise in England as North and South foundry grades firm.

New York London Standard Foundry Cleveland Northern T Southern Southern Soft JS. Louis

Coffee futures open steady on quiet New York market

The New York coffee market opened quiet with prices unchanged and limited selling. Prices eased slightly during the day but closed steady. 12 750 bags were reported sold including March at 5 1/2 cents May 6 cents July 6.05 6.15 cents September and December 6.20 cents. Spot Rio No 7 steadies at 64 cents and Santos No 48 cents. Mila Cordova weak at 3 1/2 cents.

New York Rio 3Léa Santos Mila Cordova

Dry goods market opens with firmer Western orders

The New York dry goods market opened with better mail orders from the Western and Northwestern regions. Jobbers hold steady but piece goods move slowly while fine spring shirtings appear in primary markets. Raw silk eases, Calcutta burlap shows a small price uptick, and dress goods remain quiet with some cotton warp lines for fall ordered.

New York Calcutta Cable

Grain supplies in New York on March 7

The New York Produce Exchange shows visible grain stocks for March 7 with Wheat 41,362,000 bushels down 1,544,000. corn 8,085,600 bushels down 671,000. oats 8,634,000 up 5,000. rye 751,000 down 77,000. barley 4,734,000 down 300,000 bushels.

New York New York Produce Exchange

Imperial Bank of Germany weekly statement summary

The Imperial Bank of Germany reports for the week ending March 9 changes in key items. Cash in hand up 13 36 000m. deposits up 35 637 000m. loans down 28 126 000m. discounts down 24 192 000m. treasury bills up 2 114 000m. notes in circulation down 42 409 000m.

Berlin Imperial Bank of Germany

New York Mining Prices Amid Mixed Early Trading

In New York on March 9 trading opened with Adams Con at 0.65 and Iron Silver at 1.35 while several names show fractional gains. Other listed securities include Alige 1.75, Brunswick Con 0.23, Comstock 0.23, Cal & Va 0.51, Horn Silver 0.90, Leadville Con 0.06, Ontario 2.00, a 2.10, Potosi -0.10, Savage 0.40, Sierra Nevada 0.00, Small Hopes -0.38, and Stanfard, though some quotes truncated.

New York Adams Con Breece Brunswick Comstock Con. Cal Leadville Little Chief

Treasury balances report shows available cash and gold holdings

Washington March 9 statement lists Treasury general fund balances excluding the $150 million gold reserve. Available cash balance is $268,138,152, gold coin and bullion $22,824,619, and gold certificates $36,367,200.

Washington Treasury

Wool Market Steady in St Louis Trade

Wool prices hold firm in St Louis with medium combing and clothing grades steady. Fine wools range from 16 4 to 19 3 per pound, light fine 16 4 to 19 6, heavy fine 14 8 to 16 8, tub wools 26 to 33 cents.

ST. Louis

Cotton Seed Oil Markets Reported in New Orleans Toledo

The market notes show March prices for cotton seed oil in New Orleans with prime and seed terms. Toledo reports Clover Seed cash and futures for March and April with stated prices and cycle months.

New Orleans Prime 3Éc Toledo Timothy Prime

Securities Move Treelyn Change in Market

Cincinnati and Chicago districts report firmer prices on stocks and boosters in money markets. Cincinnati Gas and Electric led demand with trades around 90 3/16 to 91, while Cincinnati Street Railway and Cincinnati Suburban Telephone gained. Municipal bonds and various issues including Union Light Heat and Power 4s saw notable activity alongside steady call and time loan rates.

Cincinnati, Gas and Electric Cincinnati and Suburban Telephone Cincinnati Street Railway Philip Carey Union Light, Heat and Power New York Exchange Gas and Electric C.D. Tgs Ccc Steceeessee Escee Esecenesseenes Philip Rey Pretinn Ae Ena Chattanooga Roanoke Union L H. and Fire Department Cambridge Defiance Dennison Hamilton County

Newpoi Water Works and Regional Securities Listing

Listing of municipal and industrial securities including water works issues, stock prices, bonds, and industrials. Companies such as Am Nat Bank Cov, Columbus Bank and Sav Co, Norw First, Cosmopolitan, City Hall, Union S&T, and various traction and utility bonds are cited with prices and dividend notes.

Ask T.P Col. & Xenia Little Miami Gin Ohio. Traction St. Ry Colum. Ry Teesa Gide Boe Col. Ry. & L Rys Diets UN. Ry Scioto Valléy Nor. O.l.&t A R. Mill Globe Soap Dior Sa Férgens Globe-Wer Bar. & Smith Ham. Ma Boldt Gi Ees Kroger Wise Nat A. I Ph. Carey Pr Ph&fm Gam Columbia Gas Col G & Fy Cuyahoga W. Powell M. M Fleisch Atlas Cincinnati Bonds Consol S. F J. J Ngo Bene A. O Am. Nat Pright Cin. Trust City Hall Cosmopolitan Nor Wat R. Sav Sayvings Union 8 Unity Law Traction ST KS C.&c.bag. Pr Eix

Wheat and corn on hand in 1908 Census bulletin shows declines

The crop reporting board estimates March 1 1908 wheat in farmers hands at 23.6 percent or 148 721 000 bushels, down from 28.1 percent in 1907. Corn in farmers hands is 87.1 percent or 962 429 000 bushels, with about 18.0 percent expected to ship out. Oats held at 35.5 percent or 267 476 000 bushels, with about 26 percent likely to ship.

Commercial Tribune Washington Crop Reporting Board Department of Agriculture

Cotton Market Roundup Across Liverpool New Orleans and New York

Liverpool reports spot prices up with 10,000 bales sold including 9,600 American. New Orleans shows steady spot at 11 1/2 c and futures firm after mixed advices. New York closes steady with overall market showing cautious gains and active speculation as reports from Liverpool and the Board of Trade influence sentiment.

Liverpool New Orleans British Board of Trade Review New York Marth British Board of Trade West Central Faji Spi Toda New Eans Gulf

Turpentine and rosin markets across several ports

Wilmington reports steady turpentine and rosin with modest receipts while Savannah shows firm prices and large rosin shipments. Charleston lists no activity with quotations omitted. Toledo notes regional averages and resin data with extensive barrel totals.

Wilmington Savannah Rosin Firm Charleston Toledo Lima Indiana Amiss

Markets in Cincinnati March 9 1908 overview

Wheat and corn markets show firm or higher prices on light receipts while oats remain steady. Rye offerings are light and flour trade quiet. hay and whisky stay firm. Grain inspections list mixed grades with several cars and buckets of cash prices for rye corn oats and barley. numerous commodity totals appear alongside livestock and other goods.

Cincinnati Minneapolis Northern Scsvecsgee

Fruits and Vegetables and Meats Prices Listing

A dense price list shows multiple produce items with prices per unit, box, or barrel such as apples 343.50 per pbb, bananas 1.75 per bunch, cranberries 4 per box, lemons 3.50 per box, onions 0.85 to 0.90 per bush, potatoes 2.0 to 2.60 per barrel, beef and pork cuts with varying rates, and poultry items including ducks, turkeys, and geese priced per dozen or per unit. Several entries include home grown and regional notes with mixed accuracy.

Messina Palermo Florida ONIO Jersey

Ohio Incorporations Reported in Columbus March Ninth

The list records new Ohio incorporations with cities and capital stocks led by The Southern Ohio Sanitarium Company Cincinnati 50000 and The Iddings Company Warren 75000. Other firms include The Newark Theatrical Mechanical Association No 83 Columbus and The Diamond Oil and Gas Company Lancaster with 75000. Also listed are The Lake Erie Amusement Company Andover and The Hoon Coal Company East Palestine among others.

Commercial Tribune Columbus Southern Ohio Sanitarium Company Cincinnati H. .M. Ormsby W. M. Fridman HB. D. Woodward A. C. Pfau C. W. Tidball Columbiana Athletic Club Columbiana P. H. Felger EB. T. Coyle John D. Entrekin C. B. Fuhrman Glea Elks’ Building and Supply Company Perrysburg HE. L. Kingsbury J. E. Churchill A. C. Roach F. H. Fleming Thomas F. Conley Newark Theatrical Mechanical Association Charles S. Adams Frank A. Bolton E. S. M. Smith Ed M. Cramer Harry F. Cranston Iddings Company Warren Frank A. Iddings Willee Iddings E. L. Iddings F. J. Gillmer Fred W. Adams Lake Erie Amusement Company Andover N. H. Bishop Charles F. Fisher P. T. Nelson C. E. Harmon P. D. Bishop Diamond Oil and Gas Company Lancaster George B. Ashbaugh Colson Endsley Nellie E. Rankin Grace Rankin William Davidson Hoon Coal Company East Palestine Grant Hill S. B. McClure John Jones 8. M. Hoon J. W. Ho

Butter and Cheese Prices Across Markets March News

Butter steady across New York Chicago and Philadelphia markets with mixed creamery and dairy class rates. Eggs mostly steady to weak as receipts rise. cheese remains firm with variations by grade, including full cream and daisies twins and Young Americas priced in new ranges. Dressed poultry and turkeys noted. Elgin district reports butter firm at 2 percent with weekly output data.

New York Western Factory Pennsylvania Westand Bury Chicago Philadelphia Elgin

Couple Reconcile After Court Involvement

Judge Lueders learned yesterday that John Biber and his wife resolved their differences. Attorney Franks stated the couple visited his home Sunday night and announced they had made up. They had appeared in Police Court twice last week. a warrant had been issued against the husband for alleged abuse. The case will be dropped.

Lueders John Biber Franks Etber

Also Mentioned on This Page

Seaboard George Bumle Mercantile Spee B, & Co Great Weste Do Ieee Nass Dienaae & Huison Delaware & Ae Rio Grande Renee Great Northern Interboro City Lewteniite Nashville Central Missouri Pacific New York Censenweree Rock Island Do. Pref. S. Ees St. Te & S St. L. Southwestern St. Paul Texas Pacific Wabash . Aten Eee Rane Can Amalgamated Copper Wear Seveeeweneee Ameet Car &Fay Amer Hte Eeeneee Pete Colorado “nNet & Iron DRI Iolh Aati Connect Se Ccaee Ete Senee Ice Securities International Paper Newhouse Igegsiok Pacific Mail One Le's Gas Ove Pittsburg Republic Aeeee Eenewewees Tennessee Co United States Steel Utah Copper Virginia Chemical Western Union Eee Westinghouse Electric Totem Norset Ticker E.H. Harriman Georgia Central Ego Ee Congress Charles E. Bultman Company Boston Mining St. Li As & M. S. Deb Norte Nor. Pac Total Financial and Personale Business Men's Club C. Paul Duffy Rochester A.C. Brown Grand Rapids Mich T. A. Reinach Petersburg Charles R. Miller Cleveland, C Thomas W. Jones Detroit Martin Meyer Cincinnati Traveling Men's Association the Merchants and Manufacturers’. Association Samue Maxes Cincinnati Union ‘Stockyards Company N. H. Biggs W. J. Lippincott W. H. Doane Casimer L. Werk C. D. Kinney H. L. Breneman Abe Furst Lewis Hopkins F. B. Edmands F. F. Lawson Tin Plate Company Queen City Tinware Manufacturing Company Lawson Company F. H.lawson Queen City Tinware Manufacturing Compan L. L. Sadler Associated Organizations of Joint Committee Front Street Mise L.& N Chamber of Commerce Roberts, Hall & Criss New York Stock Exchange Borden's British Columbia Seeeebee Colonial Dominion Copper Havana Tobacco Otis Elevator Standard Oil Tenopah Extrapers Ae United Copper Metals NEW York Mining Treasury Statement WOOL Peoria Cincinnati Gas and Electric Bank Special Dispatch Cincinnati Clearing House Covington Bonds F.A F. A Panama Philippine Newpoi Water Works Industr B. & N. Bag Colum Oe C.D. Ak Ah Det V. Ist “Ds Ham Uind T .Bonds Fay&Egan Urs & In Dayton &Day UN. Sassoon Cent Miemi Avesesee Eagle Anser L. Pr Eg. Com Hoov-O-R Niles B.-P Ind C. J. Buddeke & Co Union Just Eae Open Sush Law Leetstes Europe West Indies South America Chicago Street Improvement S. Kuhn & Sons East Third ST Fruits and Vegetables California Timot Gaaistea Japan Ohio Bee Eweseen Taessene Akron Dismond Witte Ead Ohio Limburger Voi Bbl S.C N. Y Weil, Roth & CO Watpr Works East Fourth Street Bayonne New Jersey Greenville Mississippi Turner County Georgia Baldwin Company HOTEL Havlin Columbus Gas and Fuel Company Scott Pedee Husband Will
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