New York Stock Market Slumps Then Closes Strong
The New York stock market opened dull and uncertain on March 13, with reduced short interest and renewed buying pushing prices up in the final half hour. Union Pacific drew active trading amid calls for director accountability, while copper stocks rose and reports of a possible White House statement influenced sentiment.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York
Shorts
H. M. Beazell
Ticker Talk Mixed U S Stocks London Parity and March Trends
American stocks in London show large declines from parity while United States Steel reports improving orders in December and January. American Tobacco says 1907 common earnings at 42.48 percent. Copper demand weak with no heavy buying. Bradstreet index hits new low since 1905. Chicago notes steady volume gains across most lines this month.
MENTIONED IN THIS ARTICLE
United States Steel
Market activity and steel stocks inching higher
Brokers report profit taking and short selling early, creating irregularities, with late session buying of steels and other specialties and a generally firm close. The market holds strength seen in the past week, with metal stocks led by Copper and Smelt's as leaders.
MENTIONED IN THIS ARTICLE
W. E. Hutton & Co
Global Money Markets Report March 13 London Paris Berlin Bond Rates
London markets show solid demand for new loans with a 2 million pound issue boosting totals near 12 million. Gilt edged securities soften as Continental selling and New York weakness press prices. Consols quoted 87 16 for money and 87 1 2 for account with various stocks and commodities listed. Paris and Berlin notes reflect weaker bourse prices and firmer discount rates, with exchange rates for London and Paris noted and American securities easing in Berlin trade.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Grand Trunk Pacific Bonds
Continental
New York
Anaconda
Atchison
Baltimore & Ohio
Canadian Pacific
Chesapeake & Ohio
Chicago
Ontario & Western
Pennsylvania
Rand Mines
Reading
Southern Railway
Southern Pacific
Union Pacific
United States Steel
Wabash
Amalgamated Copper
Paris
Berlin
Exchange
Money on Call and Bonds Across New York and Boston Markets
New York shows money on call at 1 to 2 percent with rates steady for 60 to 180 days. sterling exchange weaker with bankers’ bills around 485.85 to 485.90 for demand. Government bonds ease. railroad bonds irregular. Boston reports call loans 3 to 4 percent and bonds with varied readings. Numerous railroad and industrial stock prices listed, including Atchison, Mexican Central, Union Pacific, Edison, General Electric, United States Steel, and United Shoe Machine among others.
MENTIONED IN THIS ARTICLE
George Eustis & Co
Mercantile Library
H. Low
Atchison
Chicago
Colorado Southern
Rock Island
St. L
St. Paul St. L
Southwestern
Southern Pacific
Southern Railroad
TOE
Caneaes Pvageseese
Aoe Pacific
Ee Ok Devseeeesess
Aeewee
Toledo
Union Pacites Ieeeks
Wabash Wee
Wrens Ees
Amal American
Ewe Eneeeens
American Car & Fay
Anacon ‘Ansel Steel Foundry
Aeener Ete Eeeees
Centra
Colorado
Distillers Ee
General Electric Eevesse
Ice Securities
Sereeee Ateee
Aeee Eens We Ene
Eee
Mackay
Newhouse Atenee
Sh Pacific
Republic Steel
Tennessee
Pious United States Steel
Utah Copper Ree Eeeweede
Virginia Chemical
Western Union
Westinghouse Electric
Money Eer
Penton Ee
fEx
New York
Prime Mercantile
Sterling Exchange
Boston
Atchison Adj
Mexican Central
Boston *& Albany
Boston & Maine
Boston Elevated
Fitchburg
N. Y
Union Pacific
American Arge. Chemical
American Tel
Dominion Iron and Steel
Edison Electric Iluminating
General Electric
Massachusetts Electric
Sachusetts Gas
United Fruit
United Shoe Machine
United States Steel
New York Bond Sales Report
Bond offerings listed by W E Hutton and Co and First National Bank show multiple issues from Delaware and Hudson, Lak Co, and others. Total sales amount to about 2,299,000 with various bonds rated around 101 to 107 percent and small lot allocations.
MENTIONED IN THIS ARTICLE
W. E. Hutton & Co
First National Bank
Delaware
Son
N. el
A. T
Cotton Letters Signal Bearish Bias Amid Market Pressure
The market opens with a 4 to 8 point decline as liquidations rise. traders note bearish sentiment from W E Hutton & Co and John W Ballmann, with light news and other observers favoring the bull side only if new interest appears.
MENTIONED IN THIS ARTICLE
W. E. Hutton & Co
Cotton Market Slips Across Major Exchanges Amid Bear Pressure
Reports show futures easing in New York and Liverpool with prices down several points and speculative selling weighing on cotton. Spot markets in the South remain weak as U S visible supply totals 4.606 million bales and American stock sits around 3.344 million.
Local Market Shows Firm Tone Across Bonds and Stocks
Cincinnati reports bank clearings 4 177 050 with New York exchange at a premium as markets hold steady. Trading notes cite gains in gas and traction stocks with Procter & Gamble and Omaha & Council Bluffs preferences active. open market quiet with firm money and steady discount rates.
MENTIONED IN THIS ARTICLE
Cincinnati
New York Exchange
Special Dispatch
Commercial Tribune
T. Louis
New-York Exchange
Cincinnati Gas and Electric
Omaha & Council Bluffs
Procter & Gamble
Cincinnati, Newport & Covington Light and Traction
Municipal
Oklahoma City
Procter & Gamble Common
Coffee futures open quiet with mixed gains on European cables
New York March 13 market opens steady with little action on European cables. Transactions show 11,000 bags sold with May at 5.95, June 5.95, July 6.0, September 6.0 and December 6.15 cents per pound while spot remains quiet and raw grades command modest prices.
MENTIONED IN THIS ARTICLE
Ydesu
Liverpool
New York
Wall Street
Gulf
New Orleans
Hester
Rio
Santos
Cordova
Liveraool
London Cables
Indiana
Salie
Cattle Market Rules Firm in Cincinnati Yard Trade
Cattle market strong with 529 head in the mix and Western cattle from other markets. Prices higher for fair to best butcher cattle while common grades move slowly. hogs and sheep also show varied pressure across major markets including Pittsburgh and Chicago.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Pittsburg
East Bow
Louis
Chicago
Kansas City
Abe
London copper and metal markets report with rate shifts
The London market showed higher prices for copper and related metals with spot and futures gains. Local New York quotes reflect firm levels for copper lead spelter iron and ore, while Chicago prices show lead and spelter around 3.55 and 3.60 dollars respectively.
MENTIONED IN THIS ARTICLE
New York
London
Lake
Standard Foundry
Cleveland
Northern
Southern
Gts
Louis
Spelter
Market Report Butter Eggs and Cheese Prices Across Cities
Chicago and New York market notes show butter steady to irregular, cheese firm or easy, eggs weak, poultry varied with live imports and regional receipts. Kansas City reports eggs slumping with fresh extras around one shilling?
MENTIONED IN THIS ARTICLE
Chicago
New York
Western
Pennsylvania
Kansas City
Michigan
Turpentine and Rosin Markets Across Several Cities
Savannnah reports dull turpentine with no sales and receipts of 144 barrels while rosin sales reach 720 barrels and receipts 1 514 barrels. Charleston sees no activity in turpentine or rosin and Toledo notes steady rosin and turpentine with modest receipts. Oil markets in Toledo show Lima prices and mixed crude runs and shipments.
MENTIONED IN THIS ARTICLE
Savannah
Rosin
Charleston
Toledo
North Lima
South Lima
Indiana
Petar
Treasury balance report shows cash, gold reserves
Washington March 13 Treasury balance in general fund excluding the gold reserve lists available cash 263,965,820 dollars, gold coin and bullion 23,958,093 dollars, and gold certificates 950,000 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Cincinnati markets show steady wheat and firm corn demand
Markets in Cincinnati March 12 1908 report steady No 1 northern wheat at 1.06 and firm top grades for corn with light receipts. Oats and rye steady to quiet. flour demand fair. hay offerings moderate. Whisky prices and various grain and feed items listed with reported sales and receipts.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Northern
Hay
Fruits and Vegetables Market Prices Afield
List shows apples bananas beets cranberries cabbage lemons oranges onions potatoes rutabagas squash sweet potatoes with price per box barrel crate and local varieties. Also notes green meats hams and shoulders rib described in garbled lines with no clear totals.
MENTIONED IN THIS ARTICLE
Messina
Palermo
Florida
Jersey
Ohio incorporations filed in the Commercial Tribune
A list of new Ohio corporations filed March 13 including Lorain Bottling Company with 10000 dollars. National Sanitary Manufacturing Company Salem 200 dollars. Thornville Oil and Gas Company 50000 dollars. Hippodrome Club Company Cleveland. Crystalene Manufacturing Company Cleveland 10000 dollars. Acme Carpet Cleaning Company Jovelan 000. Lima Baseball Club Company 000. Puritan Brick Company Ham a by William L Holmes et al. Puritan Cement Company Hamden 10000. Ohio Salts Company Wadsworth increasing capital stock from 260000 to 500000.
MENTIONED IN THIS ARTICLE
Barrin
Diengteh
Commercial Tribune
Lorain Bottling Company
Fred A. Koegle
W. B. Walters
Christ Zecher
Paul W. Cook
Arles A. Kraatz
National Sanitary Manufacturing Company
Salem
S. Grove, Jr
D. W. Davis
R.c. Kind
William J. Clarke
J. J. Harry Wright
J. P. King Les Beeler
Puritan Brick Company
Hama
William L. Holmes
H. Harding
H. Willis
E. M. Thompson
J. A. Leonard
Puritan Cement Company
Hamden
H. P. Harding
E. H. Willis
Ohio Salts Company
Wadsworth
Givedas
Wool markets show mixed demand and steady prices abroad
In London Cape of Good Hope and Natal sheepskins sold 153,777 of 229,177 offered as buyers showed fair demand for better grades. Boston reports a brighter wool outlook with prices near bottom and steady overall, with shipments to March 12 totaling 25,333,806 pounds versus 49,664,077 pounds last year.
MENTIONED IN THIS ARTICLE
ST. Louis
London
Cape of Good Hope
Natal
Boston
Commercial Bulletin
Mining stock listings and company quotes reported in Boston
A Boston report lists varied percentage changes and values for firms including Granby, Isle Royale, Massachusetts Mining, Michigan, United Copper, Utah, and North Butte among others. Several coal and mining companies appear with price or percentage figures, reflecting a market snapshot.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Alloyes
Amalgamated
Atlantic
Bingham Sinner Haas Sn Daly Wentren Bs
Victoria
Winona Wale
North Butte
Butt Coalition
Nevada
Calumet and
1 Commercial
Greene
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Duslness
White House
Congress
Illinois Central
United States Steel Corporation
Pennsylvania Railroad
United States
Roberts, Hall & Criss
Charles E. Bultman Company
Page & Hill
Ticker
American Tobacco Report
Bradstreet
Weeeeeee
Cotton Letters
John W. Ballmann
Globe
Bodmann
Cin. Gas and Electric
Street Ry
Oma. & Coun. B. Pf
Gas and Electric
T. of
Link
Oklahoma
Wissuders
Ask
Sorree Oats
Panama
Philippine
Glasgow
Essen
Abbh
Reich- Bois
NEWPO
Ito Gas
Columbia Gas
U.lh
A &P. VV
Dayton Lst Ss
Det
Ham. & Lind
Railroa
Am. Nat
Tocks— Cin. Trust
Union
Traction
Ks— C.&c.bdg
iMi. & Germ
Ie L. &N
Beacai
Ayton & M
Viz
Miami
Amer
Int
St. Ry
Inilito Co
Niles T.w.ph
Itty
N.O
Col
Xenia
Little Miami
Ham
Ohio Traction
Colum. Ry
Col. Ry. & L
T. Rys
Det UN
Scioto Valley
Ky. &T
Hous
Stan
Pri. Brownell
Casey
Kroger Aes
Nat
A. Cin. G
Ph. Carey Pr
S. Tel
Wee Ae Ham, G
B _w
Consol
A. O. Ae
M. N
Southern Ry
Steetnpeeseevseee
F. A
Penson
Big Miami
J. P Jes
Leo Way
Aubust
Bee
Cattle Market Rules Firm
Metals
Treasury Statement
Ochan Steamship Lines
Europe
West Indies
South America
SULAS
National Bank
Savings Department
The
German National Bank
Covington, Ky
James C. Ernst
T. S. Hamilton
George E. Engel
H. P. Colville
Asst
Thin’y
Tim’ Y
Tim’y
Bray
Fruits and Vegetables
California
Japan
Aeueee
Bayonne
New Jersey
Greenville
Mississippi
Turner County
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Palbwig Fiano
the Baldwin Company
W, 4Th St
Columbus Gas and Fuel Company
G. C. Scott
Calif
Breafk. Bacon
Bushel
Mawnan
Inoos
Timothy
Bhans
Turkey
Ohio
WOOL
Boston Mining
Peoria