Improved Steel Outlook Influences Wall Street
New York reports a shifting trader mood with late gains as steel policy, foreign trade outlook, and corporate reports shape sentiment. Bookings for January and February rise, while Pennsylvania Railroad cutbacks dampen morning activity. Subtreasury operations end the day with gains and steady bonds.
TICKER TALK American stocks in London steady near parity
London market quiet overall with steel prices unchanged. New York Central dividend cut won’t avert a deficit this quarter. B and O February earnings fall below fixed charges yet eight months show common stock balance at 7 percent. Western lines expect improved operating ratio in March. Fourteen roads report second week March average gross down 11.83 percent.
Market closes with late strength after dull session
Brokers note activity in final two hours with Union and Reading leading, while BR T and Colorado nel run. Republican convention looms as a factor in sixty days and securities should be bought on weak splits. Market overall firm though late gains dominate after United States Steel outlook.
MENTIONED IN THIS ARTICLE
Union
Reading
Colorado Nel
Charles E. Bultman Co
W. E. Hutton & Co
Market climbs on strong holdings and late advances
Market strength pushes prices higher with ces h holdings contributing to gains. Analysts expect a notable advance in values, advising buyers to act on all rallies for quick returns.
MENTIONED IN THIS ARTICLE
Cesh Holdings
Page & Hill
Market notes from London Berlin and Paris indicate steady money and firm bourses
London reports larger money supply and steady discounts with dull business except for American securities and forenoon strength in Union Pacific and Steel. Berlin bourse prices firm yet quiet with London exchange at 20m 44 pigs. Paris bourse trades firm with three percent rentes near 96f 97. Paris and London exchanges show varied discount rates and a general cautious mood across markets.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
New York
Union Pacific and Steel
Paris
Anaconda
Atchison
Baltimore & Ohio
Canadian Pacific
Chesapeake & Ohio
Chicago
Berlin
Exchange
New York Dry Goods Market Sees Low Prices
March reports show cotton goods and yarns selling at very low prices. Jobbing trade little changed with retail buyers steady. Wool market bottoms out on carpet wools after tariff, jobbing buying minimal except for late needs and stock filling.
MENTIONED IN THIS ARTICLE
New York
Coffee futures open steady with modest loss in New York
In New York on March 20, coffee futures opened steady to down 5 points amid light near month liquidation. Foreign markets remained steady. Trades tallied 10,000 bags with March at 5.75c May at 5.85c and December at 6.05c. Spot steady No 7 Rio 6 1 2c Santos No 4 6 1 2c. Cordova mild at 10 1 2 to 13 1 2c.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos
Cordova
Seed price report from Toledo on Clover and Timothy
Seed price report from Toledo lists Clover seed with cash March and April prices and October option, plus March and October figures. Timothy seed prime price noted. Alsike prime price given.
MENTIONED IN THIS ARTICLE
Toledo
Timothy
Alsike
New York Bond Sales Figures From Major Issues
A dense list of bond offerings and prices from New York firms led by W. E. Hutton & Co and First National Bank Building. The report covers multiple bonds including Japanese 4s, B. R. 4s, Mexican central bonds, Erie and Central lines, Pacific, and rail issues with quantities and price quotes such as 105% 2,000 and 91% 10,000, reflecting market activity and yields.
MENTIONED IN THIS ARTICLE
W. E. Hutton & Co
First National Bank
Tenth annual Metal Trades convention plans
Preparations are complete for the tenth annual Metal Trades Association convention at the Hotel Astor in New York on March 25 and 26. A Cincinnati contingent includes William Lodge and others. Dayton figures join. Cincinnati retail druggists form a purchasing pool to obtain lower stock prices from jobbers and manufacturers, with plans discussed at a Palace Hotel meeting.
MENTIONED IN THIS ARTICLE
The
Metal Trades Association
Hotel Astor
New York
Cincinnati
William Lodge
Robert Wuest
N. W
Dingwall
Hermann Schneider
University
Frederick A. Geier
Anthony Dunlap
National Metal Trades Association
J.,kirby, Jr
Dayton
Palace Hotel
Cotton Crop for 1907 Shows Higher Production and Gin Numbers
The census reports the 1907 cotton crop at 11,261,153 running bales with 27,577 active gins, up from 1906. State totals list Alabama through Virginia, with Texas and Georgia among the leading contributors. linters and Sea Island varieties are broken out, and average bale weight is 501.8 pounds.
MENTIONED IN THIS ARTICLE
Washington
Alabama
Arkansas
Florida
Georgia
Kansas
Kentucky
Louisiana
Mds Missippi
Missouri
New Mexico
North Carolina
Oklahoma
South Carolina
Tennessee
Texas
Virginia
Illinois
Sea Island
Supply Of Cattle Moderate In Early Markets
Market reports from Cincinnati and other leading centers show a moderate cattle run with higher prices on desirable fat grades. Prime steers and mixed lots sold up to $6.17, with milch cows steady and heavy steers and feeders firm. hogs and sheep also moved higher in response to limited supply and active bidding.
MENTIONED IN THIS ARTICLE
Cincinnati
Wason Eakeaee
Seecsennseseaee Watt
Commercial Tribune
East Buffalo
Pittsburg
New York
NEW York, March 20.—Reeves
Liverpool
London Cables
Kansas City
Chicago
Municipal Market Reports Steady Cash in Cincinnati Bonds
Market data from Cincinnati Chicago and St. Louis shows bank clearings dollar volume and bond sales with thin offerings. Cincinnati Gas and Electric and Street Railway bonds traded near 91 to 92 while other issues like Hamilton County 3s and Dennison 4s moved with modest gains amid steady money rates and premiums on New York exchange.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Chicago
New York Exchange
ST. Louis
Cincinnati Gas and Electric
Cincinnati
Newport & Covington Light and Traction
Hamilton County
Charleston
W. Va
Dennison (O
Cincinnati Linking Fund
Street Railway
Philip Carey
Gas and Electric
Philip Carey Pref
Ilway
Local securities quotes and railroad stock listings
New Orleans March 20 Cotton seed oil Prime 38c Quotations on Local Securities compiled from Stock Exchange and outside bids show railroads such as Cin Int Ry and Cin St Ry at varied bids and asks. Industrial and traction stocks list numerous named firms and pref shares with bond quotes for Cincinnati and Hamilton County areas.
MENTIONED IN THIS ARTICLE
New Orleans
The
Stock Exchange
Ask
Ask. Cin
T.P
Col. & Xenia
Miami
Ae Traction
Cin, & Ham
D. & Tin
Ital Prl
Tees
Tees Oe I C.n.&c. L&t
Ohio Traction
Cin
St. Ry
Colum. Ry
Scioto Valley
Nor
L&t
Roberts, Hart & Criss
New York Stock Exchange
American Tobacco
Columba
Butte Coalition
Cage Subway
Caen Silver
Dominion Copper
Havana Tobacco
Otis Elevator
United Copper
Daly-West
Utah
Davis-Daly
Financial Market Rows with Run of Securities and Bonds
A compact excerpt lists various securities including rail and traction stocks, bonds, and common and preferred shares. Highlights include Big Four 4s around 105, City National Cov 160, Cosmopolitan 160, Union & Trust 12, First National Cov 175, and traction stocks with prices up to 187. Also shown are bonds such as N. & Br 125 100, American Dae asake, and U.S. Lithpr 106 with ex-dividend notes and varying bid-ask spreads.
MENTIONED IN THIS ARTICLE
Pright
Cosmopolitan
Ss. Cov. Trust
N’l
Npt
Colum, Bank & Laws.Co
Trakes
Nor. Sav. Bk
Prov. &S. T
Sec. Savings
Sa Stock
Aed Sais
Industr
Amer. Dae. Sake As Sie Am.Oak L
Bullock
Fay&Eg. Com
Hoov-O-R
Niles B.-P
Do Pr.a.&b
St. Ry
Shillito Co
Niles
Cotton Letters Offer Mixed Market View
Cotton letters note active trading with heavy profit taking after the open and a market decline. External buying emerged during the drop, while pessimism persists. some observers warn the market is too one sided for comfort after recent liquidation.
MENTIONED IN THIS ARTICLE
Cottom
E. Hutton & Co
Cotton market shows mixed signals in New Orleans and New York
New Orleans spot for cotton is irregular with sales of 2 050 bales and middling around 10 1 6c while futures dip after favorable Liverpool cues. New York trading opens firm on bullish cables but closes steady with a 15 point drop from the prior close as reports of curtailment and bears weigh on sentiment.
MENTIONED IN THIS ARTICLE
New
Orleans
Liverpool
New Orleans
New England
Parton
Enone
Hester
New York
Wall Street Bears
Fall River
Boston
Uplands
Gulf
Wool market dull in Boston and London auctions report
The Commercial Bulletin notes a dull wool market in Boston with sales under 1,500,000 lbs and weak men s wear goods demand. Boston shipments to March 19 reach 50,086,976 lbs, receipts 29,270,720 lbs, against last year's figures. London sales show 11,162 bales offered with fair demand and limited American buying, detailing prices by region and wool type.
MENTIONED IN THIS ARTICLE
Boston
Commercial Bulletin
London
Wales
Queensland
Victoria
New Zealand
Oil Turpentine and Rosin Market Reports
Oil prices listed for North Lima, South Lima, and Indiana. Wilmington shows turpentine splits and rosin at steady levels with several receipts. Savannah reports firm spiritg turpentine and rosin with comprehensive stock and price quotes. Charleston notes quiet turpentine and rosin with terms private. Owl City provides credit balances, runs, and shipments statistics.
MENTIONED IN THIS ARTICLE
Toledo
Lima
Indiana
Wilmington
Savannah
Charleston
Owl City
Cincinnati Market Report Shows Mixed Grain and Flour Prices
The Cincinnati markets note a softer wheat tone with No 2 red winter near 1.01 and general weaker corn while oats hold steady. Rye light offerings and hay softer with few top sales. Whisky prices firm with winter patent flour ranged 4.60 to 4.90 and various grades listed. Headlines include multiple car and tonnage sales across wheat corn oats hay rye barley and flour.
MENTIONED IN THIS ARTICLE
N. E
D.s
Fruit and Produce Prices Listing
Prices for apples bananas beets cranberries cabbage lemons oranges onions potatoes rutabagas squash sweet potatoes and more listed by market weight and region. Ad shows per barrel crate and box pricing with several misread values and line artifacts.
MENTIONED IN THIS ARTICLE
Messina
Palermo
Oranches
Florida
Jersey
Butter Eggs and Poultry Prices Across Markets
New York reports butter in lighter receipts with creamery stock rising to first class. Eggs remain steady amid large state receipts and varied regional quotes. Poultry shows alive prices firm for fowls and turkeys, with dressed birds steady to higher in some markets. Kansas City and Chicago note mixed shifts in eggs butter and cheese with regional price moves.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Kansas City
Chicago
Creameres
Vyoultry
Treasury balances show cash, gold in general fund
Washington March 2 Today's balance report lists available cash in the general fund at 261 million 671 thousand dollars exclusive of the 150 million old reserve. Gold coin and bullion amount to 24 915 483 dollars and gold certificates total 332 thousand dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Also Mentioned on This Page
Wall Street
United States Steel Corporation
Pennsylvania Railroad
United States
Roberts, Hall & Criss
George Eustis Co
Mercantile Library
B. R. Ian Pacific
Estern
Sotesee
Delaware & Hudson
Ver & Rio Grande
S. Shore Pref
Great Northern
DOP
Orbeidsuss
Illinois Central
Kansas City & Southern
Louisvile & Nashville
Mitral
Teae
Ce Tig. Cass
New York Centra
Rfolk, & Western
Northern Pacific
Northwestern
Veley
Thee
Rock Island
St. Paul Sae
Southern Pacific
Southern Railroad
Texas Pacific Seee
Toledo & Southwestern
Toledo Bus. & Lake
Union Pacific Tees
Wabash Seegee
Wheeling & Lake Dri
Wisconsin Central
Amalgamated Copper
Steel Fay
Wee Ewes
Steel Car Co
Lee Do
TI Railway Steel Springs
Republic Steel
tDo
Tennessee Copper
United States Steel
tWestern Union
Stone
Money Etree
Aetbettei Ahs
Ticker
New York Central
United States Steel Company
H. M. Beazell
Erie Cy
UN. Pac
Erie Prior
Lea
Pt. W. & Read
N. YC. Cc
H. K
Gen
Elec. v. Bs
N. YC & L. Siv
Eal
C. di
ROT & Bsa
Psn
Coats
Wab
Pitts
Pater
West
M. Shine
Cincinnati Clearing House
Glasgow
New-York
Coess
Sedee
Panama
Niki
Pos Vans
Globe-Wer
Ham
Tool
DPOE
Hiney F
Stan
Carey Pr
Ph&fm
Rob’n Realty
Wwe
Bowell Petit
Do Viet
Dees Ee
R. Mill
Jergens
Bar. & Smith
Jsoldt Gl
Cuyatinga
U & Be
M. M
Bane Atlas
Ger
Merch
Western
BONDS
Consol
S. F
J. J
A. D
F. A
M. N
Southern Ry
Water Works
Southern Ry. Ter
Viaduct
F. Wy
Elizabethtown
Longview
Armory
Big Miami Bridge
MME
Frc
Covington
Newport
Ham, Gas
Columbia Gas
Fay&Egan Col. Oo
Pa Bridge
He & Pos
Jayton
C. Bis
Ham. & Lind
Railro
Es C.,h
Didiee
N. Ds
Beview & M
Securities
Cotton Letters
John W. Ballmann
Cotton
C. J. Buddeke & Co
Union Trust
Seoy Os
Ncccccnsets Cesss
ACO
Ave Oeweet
Rsceccesss
Oetene Wee
WOOL
German National Bank
Covington, Ky
James C. Ernst
Hamilton
George E. Engel
Penis
H. P. Colville
Ulster
Europe
West Indies
South America
SIL
Minneapolis
Northern
N. O
Ahmad White
Ohio
Owen Ene Tewee
Michigan
Akron Crescenternes
Cleveland
Neebessbaves
OXUTE
York
Poulter Springers Seccwesserer Ld
Roug and Com
Serene En Sait
Union Savings Bank and Trust Company Bond Department
Western German Bank
12Th and
Vine Streets
Madisonville
Baldwin
the Baldwin Company
W. 4Th St
U. S. Engineer's Office
WM. T. Russell
N. Y
Navy
Louisville Tobacco
Louisville
Burley
Planters
Main Street
W. L & T. Nuttall
Henry County
Treasury Statement