Spotty and Intermittent Strength in Stock Market
A March report notes intermittent stock gains with diminished volume and cautious profit-taking after yesterday’s upswing. Investors weigh a government probe into stock trading, while Amalgamated Copper and New York State bonds attract interest. Western Union and Delaware & Hudson report weak earnings and a dividend injunction respectively.
MENTIONED IN THIS ARTICLE
Union Pacific
Pacfic
Amalgamated Copper
Metal Exchange
London
New York State
Western Union
Delaware & Hudson
United States
TICKER TALK American stocks in London firm at above parity
Bank of England rate remains unchanged. Copper stocks in London show strength. H Knox Smith of the Bureau of Corporations will investigate methods of stock trading by order of the President. Loan crowd shows substantial reduction in bear account open. Seventy three million dollars of short time notes to be financed in the next months. Western Union's estimated statement for the quarter ending March 31 shows a deficit after dividends of 563 062 dollars, up 489 551. Ten roads for the first week of March show average gross decrease of 11.49 percent.
MENTIONED IN THIS ARTICLE
H. Knox Smith
Bureau of Corporations
Western Union
Market Watch Sees Spotty Activity with NP Lead
Brokers report mixed action with strength in Northern Pacific on an earnings statement. Analysts expect a pullback from recent highs as selling pressure grows and outside buying appears thicker than recently.
MENTIONED IN THIS ARTICLE
Northern Pacific
H. M. Beazell
New York Stocks Close With Slight Gains
The market finished with modest advances in several issues amid no change in policy outlook on freight-rate hikes. Analysts noted profit-taking on long stocks as investors reassessed positions.
MENTIONED IN THIS ARTICLE
New York
Union Pacific Holding Company
Page & Hill
London Money Market Nears Stable Close Amid Wall Street Optimism
London reports scarce money but steady demand as stock trades recover from unease. Consols slip ahead of new South Wales issue while De Beers and copper shares gain on better metal prices and Paris optimism. American securities rise on hopeful Wall Street outlook, then ease near close with minor gains. Paris and Berlin mark firmer bourses on New York cues.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
New South Wales
Paris
Kaffirs
DeBeers
Wall Street
New York
Anaconda
Atchison
Baltimore & Ohio
Canadian Pacific
Chesapeake & Ohio
Chicago
Wabash
Spanish
Amalgamated Copper
Exchange
Berlin
Treasury balances report cash and gold figures
Treasury announces March balances in the general fund excluding the $150 million gold reserve. Available cash is $264,667,295, gold coin and bullion $24,109,634, and gold certificates $42,664,280.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Cotton seed oil price in New Orleans market
In New Orleans on March 12 the market shows Prime grade cotton seed oil at 36 cents per unit.
MENTIONED IN THIS ARTICLE
Orleans
New York Bond Sales Summary for Panama and Rail Issues
A condensed report lists bond offerings and yields across Panama, Atchison conv bonds, L and M securites, Rio Grande Southern, and various U S issues. Totals show hundreds of thousands to several million dollars in connections, with rates ranging from 4s to 6s and include state, railroad, and railroad financing notes.
Cincinnati Lumbermen Club to Hear Chief Forester Gifford Pinchot
E B Evans & Co plans a Cincinnati branch with Ri H Hinsel in town seeking a site. Gifford Pinchot, U S Chief Forester, will speak at the Cincinnati Lumbermen's Club meeting on March 26 at the Business Men's Club. Notables visiting the Business Men's Club include F Shannon and several executives from Chicago Nashville and New York.
MENTIONED IN THIS ARTICLE
E. B. Evans & Co
Tiffin, C
Cincinnati
H. Hinsel
City
City publishers plan geography series on points of interest
Hines Noble and Eldridge of New York announce plans to publish geographies describing city points of interest. Prof Dyer forwarded the information to Secretary Will Finch of the Industrial Bureau for action. Committees heard attorneys’ views on the Louisville Nashville viaduct bill's constitutionality at the Business Men's Club. The Cincinnati Wholesale Jewelers and Manufacturers' Association held its first meeting under the new charter at the Linton Hotel with A G Schwab re-elected president and officers elected for the executive committee. The club will meet twice monthly.
MENTIONED IN THIS ARTICLE
Hines, Noble & ‘Eldridge
New York City
Dyer
Public Schools
Will L. Finch
Industrial Bureau
Associated Organizations
Business Men's Club
Louisville &Nashville
Cincinnati Wholesale Jewelers and Manufacturers’ Association
Linton Hotel
A .G. Schwab
Joseph Nutterman
J. Charles Becker
Ed H. Croninger
S. Lindenberg
Charles A. Nolting
D. G. Gutman
Aaron Plaut
J. S. Voss, Jr
Ohio Electric Railways progress toward Toledo to July
The Ohio Electric Railways Company expects an Iite from Cincinnati to Toledo to be finished by mid July. Remaining two segments Bellefontaine to Lima thirty two miles and Deshler to Toledo about thirty four miles. Reconstruction of the Cincinnati Northern Lines cost one and a half million dollars. When complete the line will run two hundred fourteen miles from the Ohio River to Lake Erie.
MENTIONED IN THIS ARTICLE
Ohio Electric Railways Company
Cincinnati
Toledo
Bellefontaine
Lima
Deshler
Cincinnati Northern Lines
Ohio Electric Company
Ohio River
Lake Erie
Do things administration plans luncheon series and events
The Advertisers' Club of Cincinnati outlines a midday luncheon series and a surprise smoker at the Business Men's Club. Speakers will cover Newspaper Advertising and appeal to the paying reader. A Reception Committee is named with Arthur S. Crawford chairing.
MENTIONED IN THIS ARTICLE
Advertisers’ Club of
Cincinnati
Board of Governors
Business Men’s Club
David B. Gibson
Arthur S. Crawford
Clarence W. Paine
S. H. Freeman
Joseph D. Engelbert
Herbert D. Longley Associates
Arthur F. Sheldon
Sheldon School
Messrs. Gibson
J. C. Kelley
D. S. Tarbell
George W. Weedon
J. R. Megrue
C. L. Downey
H. E. Hall
J. R. Tomlin
Myer Lesser
Ben Mulford, Jr
B E. Finch
W. H. Kaufman
Ww. B. Chambers
Money Market and Bond Listings Across New York Boston
New York reports money on call easy at 1 2 percent with a 2 percent ruling rate and short terms steady. Sterling weak with bankers bills around 486 to 486.05 for demand and 483.30 to 483.35 for sixty day bills. Government bonds easy, railroad issues uneven. Boston lists call rates 3 4 percent, time loans 5 to 6, and varied bond prices across major rails and utilities plus equipment shares and industrials.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Sterling Exchange
Boston
Atchison
Can Central
sAtchison
Boston & Albany
Edison Electric
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machine
United States Steel
Bank of England and Bank of France weekly statements
London and Paris publish the weekly bank statements. Bank of England shows reserve, bullion, securities, deposits, and note changes with reserve ratio around 50 percent. Bank of France reports declines in notes in circulation and various deposits and hand amounts, plus decreases in advances and metals.
MENTIONED IN THIS ARTICLE
London
Bank of England
Paris
Bank of France
London and New York metal markets report mixed gains
The London tin market rose with spot at £134 15s and futures at £132 while copper and lead show mixed moves. Local prices held firm for copper but dull for lead, with zinc and foundry grades fluctuating between modest gains and stability in the United States and England.
MENTIONED IN THIS ARTICLE
ST. Louis
New York
London
Lake
Speiler
Nron
England
Cleveland
Northern
Southern
Southern Soft
Commodity seed and hay prices listed for Clover and Timothy
Prices shown for Clover seed with March 12 figures 12.25 and 11.97, April 11.80, October 7.70. Timothy prime 2.30. Alsike prime 12.0.
MENTIONED IN THIS ARTICLE
Timothy
Alsike
Local Securities Advance In Paige Bond Market Quiet
Cincinnati reports bank clearings 4 078 350 and New York exchange premium 20 25c with easy money 5 for call loans. Chicago and St Louis also show steady exchanges, discounts at 5 5 8% and trading activity in local issues like Cincinnati Gas and Electric and Street Railway with prices near year highs.
MENTIONED IN THIS ARTICLE
Cincinnati
New York Exchange
Special Dispatch
O Commercial Tribune
Chicago
Commercial Tribune
St.louis
Cincinnati Street ‘Railway
Newport & Covington Light and Traction
Philip Carey
Cincinnati School
Gilbert Avenue
Traction Bonds and Unlisted Securities Brief
Listing of traction bonds with varied coupons and prices including 4s to 7s notes. Unlisted securities feature Dayton & M and Eagle listings. Industrials show Amer Hook and Bullock pref with mixed prices. Railroad bonds and miscellaneous notes close the report with multiple par values and percentages.
MENTIONED IN THIS ARTICLE
Eagle
Amer
Hook
Bullock
Hooton
Niles B.P
de Pr
Ind
Cotton market opens steady with near term selling pressure
The cotton market opens steady with 3 to 6 point gains in early cable calls, then becomes active. Traders note light early activity, but selling by bulls and a shift to buy new crop suggests potential weakness without further support.
MENTIONED IN THIS ARTICLE
John W. Ballmann
W. E. Hutton & Co
Cotton market mixed as New Orleans and Liverpool trade dips
Cotton prices drift on discouraging cables with lack of support and weak spot demand. New Orleans and Liverpool markets show spot and futures declines amid wage cut fears and reduced output, while New York closes near session lows on profit taking.
Market Gives Fair After Day of Tobacco Offerings
The market yesterday showed fair demand for medium grades with lighter Thursday offerings and higher rejections. Five warehouses reported 436 hhds new and 58 hhds old tobacco with diverse price ranges across brands and growers.
MENTIONED IN THIS ARTICLE
Globe
Bodmenn
Louisville Burley Markets Edge Up As Sales Totals Reported
In Louisville on March 12 offerings reach 1 251 hogsheads with 1 148 Burley and 103 dark. Quality holds, prices hold week high. State Warehouse sold 112 Burley at 9.30 to 16.75, Pickett 87 Burley 6.30 to 15.30 and hhds dark at 5.55 to 10.50. Home Warehouse 38 Burley at 7.70 to 15. Main Street hhds Burley 8.90 to 16.50.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Louisville
Burley
Seles
State
New Burley
Pickett
Hhds
Onsley
Main Street
Mining stock figures from Boston closing roundup
Boston on March 12 reported varied finishing prices for numerous mining and oil stocks. Companies include Amalgamated Copper United Copper United States Mining Tamarack and Isle Royale with percentages shown for gains and losses amid session trading.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Allouez
Amalgamated
Atlantic
Bingham
Calumet
Hecla
Centennial
Copper Range
Daly-West
Franklin
Granby
United States Mining
United States Oil
Utah
Victoria
Winona
Wolverine North Butter Butte Coalition
N- 10
Calumet Arizona
Arizona Commercial
Greene Cenanea
Coffee futures edge down as market opens steady
New York March 12 market for coffee futures opened steady to a decline of 6 points amid easier primary markets and disappointing cables. Business was quiet and closing barely unchanged to 2 points lower. Sales totaled 6,000 bags with bids at various prices including May 3.9 and December 6.05. Spot markets Rio No.7 64a and Santos No.48%c noted.
MENTIONED IN THIS ARTICLE
New Orleans
Newland
Moniths
Snesececveosssf
Liverpool
New York
Wall Street
New England
Fall River
Mississippi
Atlanta
Birmingham
Memphis
Galveston
Uplands
Gulf
Rio
Santos
Mildaul
Cordova
Walde
Cincinnati Markets Report March 12 1908
Cincinnati reports firm wheat corn oats and hay markets with light offerings. Prices listed for oats rye flour whisky and various grain cargos plus receipts and shipments across apples bananas barley hogs lemons lumber and coal.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Northern
Kansas
D.s
Hama
Grocery Prices and Averages from Local Market Listing
A detailed price list shows apples at 343.50 per pb, bananas 1.75 per bunch, beets 1.50 per barrel, cranberries 4 per box, cabbage 1.15 per barrel, lemons 3.50 per box, oranges 2.25 to 2.50 per box, home grown onions 0.85 to 0.90, potatoes 2.50 to 2.60 per barrel, rutabagas 1.15 per barrel, and various other fruits, vegetables, and meats with stated per dozen or per crate rates.
MENTIONED IN THIS ARTICLE
Messina
Palermo
Florida
Pig Iron Market Quiet. Rail Purchases Rise Cautiously
The Pig Iron Market reports a quiet week with limited activity. Purchases by large buyers are sporadic while structural and rail line orders show improved demand. February pig iron sales edged up from January and March is expected to bring more gains. Coke prices remain steady with good supply as railcar idle data slowly improves.
MENTIONED IN THIS ARTICLE
Rogers, Brown & CO
Erican Railway Association
Cincinnati
Southern Coke
Gray Forge
I.j
Desreve
Jackson County
Lake Superior
Iron trade shows growing optimism this season
Industry traders report a gradual resumption of activity as pig iron prices dip to levels not seen since 1908. Buyers, including pipemakers and foundries, place large orders while coke demand rises, signaling brighter prospects despite a presidential election year.
Market summary of mining shares and prices
The report lists various mining shares with recent quotes including Adams Con .05 7 L% Brunswick Con .10 Com stock Tunnel .23 Con California and Virginia 47 Horn Silver .40 Iron Silver 1.3 Leadville Con .06 Little Chief .05 Ontario 2.60 Ophir 1.85 Potosi Savage .36 Sierra Nevada .3% Small Hopes Standard 1.40.
Also Mentioned on This Page
Roosevelt
Bureau of Corporations of Stock Trading
Charles E. Bultman Company
George Eustis & Co
Mercantile Library Railroads
Eves
Chicago G
Colorado Southern
Delaware Hudson
Denver — Grande
Great Northern
Interbor
Kansas City
I. Eeeseree
Missouri Pacific
New York Central
Bt. L
Norfolk & Western Northern Pacific Ee
Northwestern
Ontario & Western
Pennsylvania “ Sey
Ios Rock Island Eee
St. Paul Art
Wabash Aeneee
Seeawe
Car & Fay
One
Locomotive
Tron Pipe Wean Sens
Colorado Fuel & Iron Ceee
Consolidated Gas Tee
Repu Dple Steel
Tennessee
Virginia Chemical
Rabacetevcceeese
Westinghouse Peneere Eosee
Ticker
Union Pacific Company
Morgan
Union Pacific Board
Roberts
Ll & Criss
Treasury Statement
Hutton & Co
First National Bank
Ehren Panama
Atch. Adj
Rio G. So
Jaeses— Atch
WRIC
An. Yoc
Red
Orc
Wetes
Total
Shannon
Board of Trade of
Nashville, Tenn
L. H. Payne
Hudson
G. W. Edwards
J. C. Collis
N. B. Crickett
W. C. Lamerson
F. I. McDowell
W.S. Lathrop
Roland Gray
Pittsburg
Roberts, All & Criss
New York Stock Exchange
American Tobacco
Borden's
British Columbia Copper
Butte Coalition Tee Reens
Chicago Subway
Pere Eee
Dominion Copper
Eeekee Oo
Gold Hill
Havana
Otis Elevator
United Copper
A. P
Etna Reese
North Butte
Steen
Trinity
Daly-Davis
Rene
Metals
Elec
Philip Carey Pref
Cin. & Sub
Gilbert
Ask
Clearing House
Ccca
Asso
Scioncvccseguesse Bsuseses
Sterling
Glasgow
Ask Philippines
The
Railboar
Ask. Cin. Int
C. It
T.P. Oe
Col. & Xenia
Little Miami
Pet . Traction Cin
C.ni&c.l.&t
Colum. Ry
Col Ry. & L
Nor.o.l.&t
Industri
E Stocks
Eye D. Nike A Ce
Ohio Traction
Pera A&c. B.axs
Messes T. Rys. & L
Seioto Valley
Globe Soap
Ham
Kroger
Nat
F. A
Ph. Caney
Joe Roots
Mteraoe-Shr
Seeee
Ws Powell
Nurlitzer
Columbia Gas
Ayahoga
Foulds M. M
Fleisch
N Pr
Bank Atlas
Trust
Wwtern
Cincinnati Bonds
J. J
M. ’ Ae BO
S'Scanases % 104 Southern Ry. 7S, Mo N., Sees Cues 102 School Bonds Ts. Po
Witer Works
F A
Ay Vheteese
Water Works
GRE
Fond Sons
Viaduct
I. D
Hamilton County
Elizabethtown
Longview
Ertins
Akismied
Big Miami
Covington Bonds
F. Fee
J. Eadeseeeeev
Newport
Bar & Owe
Ham. & Lind
B. G&s
Miz & Germ
Big Ig. Pyse
C. Me & Dis
C.1
C.r.&f.w
Sys L. & N
Dayton & M
Cit
Coy. Trust
N’l
Colum. & Sav. Co
Norw. First
Union S.& En
Traction
Ks— C.&c.bdg
Cotton Letters
C. J. Buddeke & Co
Union Trust Builiding
Seveetans Ee
Louisville Tobacco
Boston Mining
Ochan Steamship Line
Teading
Europe
West Indies
Panama
South America
Alas National
Biorest
Chicago Street Improvement
S. Kuhn & Sons
East Third ST
Vscspress
Ovens S
Fruits and Vegetables
California
Saat Enenee Ceahavassee
Japan
N. O
ODO
Sa Ceadeccsccaccees Michwean Akron
Cleveland Diamond
Ohio
Longborn
Michigan
Limburger
New
Aera
Navy
Weil, Roth & CO
Paris, KY
East Fourth Street
Vine &J
Carew Bidg
Baldwin
the Baldwin Company
W. 4Th St
Steinway Piano
Wurlitzer En
Columbus Gas and Fuel Company
G. C. Scott
BY Matthew Addy
NEW York Mining
Peoria