United States Steel Leads Stocks to a Higher Level
United States Steel drove a market rally in New York with its stock reaching the year’s high aided by a pamphlet report from the company that highlighted improving trade conditions. Industrial and railroad shares gained while cotton mill stocks lagged amid demoralization in print cloth production. Banks faced a government deposit installment due Monday totaling over 23 million dollars.
MENTIONED IN THIS ARTICLE
United States Steel
New York
Pittsburg
United States
George Eustis & Co
Mercantile Library
Laat Atchison Aenea Ween
Chicago Great Western
Colorado Southern
Delaware & Hudson
Ste
Denvern
Rio Grande
Interboro
Illinois Central
Louisville & Nashville
Exican
Missouri Pacific
New York Central
Norfolk & Western
Northern Pacific
Northwestern
Eee Savas
Ontario & Western
Pennsylvania
Rock Island
St. Rou Southwestern Wae
Southern Pacific
Southern Railroad
de Pref
Texas Pacific Mies Oe
Toledo & Southwest
Union Pacific
Wheeling & Lake Erie
Amalgamated Copper
American Car & Foundry
American Steel Foundry
Eeewes
Isseses Boe
Colorado Fuel and Iron
Consolidated Gas
One
Distillers’ Securities
Seerrrr
General Electric Ete Teneeeres
Ice
Ouauas
International Paper
Republic Steel
TS Our. Os Cb
Tennessee Copper
Utah
Ose
Virginia Chemical
Passiccs
TICKER TALK United States Steel Shows Poorer History
United States Steel reports reveal a poorer history for the corpora tion as twenty nine roads for the second week of March show an average gross decrease of 16.0 percent. Dun s review notes a bit more activity and lower idle machinery. Western railroads anticipate a large bituminous coal strike next month and stockpile coal in advance. Atchison directors may cut the dividend April 1 as a policy measure rather than from current earnings.
MENTIONED IN THIS ARTICLE
Atchison
Brokers predict higher prices ahead across multiple issues
Analysts from Page & Hill W. E. Hutton & Co. and other firms warn that prices may rise on all drives and suggest purchases in low priced issues like Kansas & Texas and Wabash preferred. They anticipate dividend cuts only momentarily and remain bullish on merit stocks while cautioning on reactions and political uncertainty.
MENTIONED IN THIS ARTICLE
Kansas & Texas
Wabash
Page & Hill
W. E. Hutton & Co
Manchester Cloth Market Turns Poor Amid Cotton Decline
The Manchester cloth market faced a weak turnover as cotton prices fall. Buyers expect further declines, while some speculative buying appears to anticipate a rebound. Mediterranean buyers placed early orders, China bought bleaching and fancy cloths, India showed little activity. yarns dropped 3 1 64 pence with below average sales.
MENTIONED IN THIS ARTICLE
Manchester
Mediterranean
China
India
London and European markets steady amid global cues
In London money remained available as discount rates held. stocks closed quietly with American and foreign shares steady on Paris support. Tokyo and Japan connections buoyed American bonds. commodities and rail shares showed mixed moves with some gains in American securities linked to a hoped New York statement.
MENTIONED IN THIS ARTICLE
London
The
Stock Exchange
Paris
New York
Japan
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
United States Steel
Wabash
Amalgamated Copper
Berlin
Exchange
Dry goods market sees fair activity in retail circles
In New York on March 21 the dry goods market shows fair retail activity aided by better weather. Jobbing trade slows in some lines but remains steady for knit goods wash fabrics and ready wear. Cotton blankets lead lines priced to trade Monday. Linen yarns to be cut by Belfast spinners. Bur laps firm.
MENTIONED IN THIS ARTICLE
New York
Caple
Belfast
New York Mining Prices Reported on March 21
New York prices for various mining shares in New York City on March 21 include Adams Con .05, Alice 2.00, Brunswick Con .10, Comstock Tunnel .21, Cal. & Va. .50, Horn Silver .75, Iron Silver 1.35, Ontario 2.75, Ophir 2.20, Potosi .07, Ontario 2.75, Sav age .30, Sierra Nevada .30, Small Hopes 1.80, Standard 1.50.
MENTIONED IN THIS ARTICLE
New York
Adams Con
Alice
Breece
Brunswick Con
Comstock Tunnel
Con. Cal. & Va
Leadville
Little Chief
Ontario
Potosi
Savage
Sierra Nevada
Standard
Treasury balances report cash and gold totals
Treasury in Washington on March 21 releases balances in the general fund excluding the gold reserve. Available cash stands at 262,588,783 dollars, with gold coin and bullion valued at 24,124,803 dollars and gold certificates at 31,497,310 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
New York Bond Sales Mixed Across Rail and Utilities
U S and S 3s and various rail and utility bonds are listed with multiple issues including Atchison general and adj 4s, Union Pacific 4s, and Colorado bonds. Totals show diverse sales figures and percentages for several issues, with overall activity highlighting market demand and pricing gaps.
MENTIONED IN THIS ARTICLE
U. S&s
Atchison Gen
Ae K
Agentes
Atchison Adj
Tgime E
Union Pacific
Uae
Iscodd
Colorado
Ator Pacific
Bonds and markets steady as week closes in Cincinnati notes
Money rates easy with call and time loans at 5 percent. Cincinnati Street Railway stock active at 131% to 132% with last sale 132, gas and electric near 90%, Suburban Tel up to 160, Procter & Gamble preferred advancing. Bond market strongest week led by Cincinnati Highth Street Viaduct at 105 and local issues around 98-102.
MENTIONED IN THIS ARTICLE
Cincinnati Street Railway
Cincinnati Gas and Electric
Cincinnati
Newport & Covington Light and Traction
Procter & Gamble
Cincinnati Highth Street Viaduct
Hamilton County
Union Light, Heat and Power
New York Exchange
Nevada
Lone Star
Rawhide Hills Mining Company
Traction Bonds and Securities Listings Note
Traction bonds including C N C lines 2ds and 4s 88, Big Four 4s 105, 6s 105, and various city, railroad, and national bank securities with prices listed. Also notes on ex-dividend status and percent holdings across rail, streetcar, and trust securities, with numerous bank and corporate listings and preferred shares.
MENTIONED IN THIS ARTICLE
Wan
C.r.&f.w
Business Men's Club notes and civic appointments
Ex-Chairman Adolf Mayer and wife returned from Sea Breeze Florida. Randolph Matthews, son-in-law of Senator Foraker, left Union Gas to join an electric manufacturer. The Cincinnati League schedules a reorganization meeting next Friday afternoon. Visitors include W. H. Parkinson and W. J. Bryan. Carriage Men's Club elects Otto Armleder as president and names officers. S. N. Weil Company incorporated in Columbus with $25,000 capital at 137 Sycamore. Taft to speak before the Chamber of Commerce on April 14. Grade crossing bill hearing referred to John Wells Peck. Frank Wiborg attends National Council of Commerce in Washington. next meeting May 12. New River Lumber Company to locate offices in city. capital $2,500,000.
MENTIONED IN THIS ARTICLE
Randolph Matthews
Senator Foraker
Union Gas and Electric Company
D. C
W. A. Simonton
Federated Improvement Associations
Business Men’s Club
John Wells Peck
Frank Wiborg
Washington
National Council of Commerce
Wiborg
Department of Commerce and Labor
New River Lumber Company
Cumberland River
Tennessee
Columbus
Morton Butler
H. C. Yelser
F. G. Norcross
Leland
G. Banning
George 8. Bailey
Globe-Wernicke Company
Cotton Letters Recommend Short Covering and Buy on Weakness
We advise covering shorts and favoring purchases for a turn on further breaks. We counsel buying cotton on weak spots for now while taking moderate profits from time to time as no excessive advance is seen.
MENTIONED IN THIS ARTICLE
W. BE. Hutton & Co
John W. Ballman
Cotton Market Steady in New Orleans and Liverpool Trade
New Orleans reports spot quiet with sales 950 bales on spot and 850 bales arriving. May to October futures weaken briefly, then cover by shorts steadies close. Liverpool and New York add mixed futures, spot prices around 9.6 to 9.84 cents with about 4,000 bales traded in Liverpool and 10,060 bales receipts at New York ports.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Errpor
tNo
New York
Houston
Uplands
Gulf
Money and bond markets across New York and Boston
New York reports call money rates and short term yields with notes on mercantile paper and sterling exchange. Boston lists call loans 3 to 4 percent, time funds 5 to 6 percent and various railroad and utility bonds with mixed bids and prices.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Boston
Atchison
E. Central
Boston & Albany
Boston Maine
Boston Elevated
Fitchburg
Mexican Central
N. Y
Union -Pacific
Arge
Chemical
Ohio Incorporations Reported in Columbus March 21
The Royal Foundry and Machine Company Canton 15000 by Paul Browsky Ww J Putnam G P Browsky George F Edel and A P Maurer The Lincoln Hotel Company Wellston 2000 by Eldra Love E C Love V De Sanctis Leah De Sanctis and Herbert F Masters The Plase Tile Company Cincinnati 3000 by Charles A J Walker Jackson Sparrow W F Landwehr George Mathers and W F North The Hardly Able Social Club Cincinnati 2500000 by Morton Butler H C Yeiser F G Norcross Leland G Kanning and George S Batley The Lumber and Supply Company Logan 25000 by John W Jones A Magoon W W Keynes R B Longstreth and C E Brown The S N Weil Co Cincinnati 10000 by Alexander J Weil J Meyersfeld W J Williams N Dreyfuss and Ben L Heidingsfeld
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
Royal Foundry and Machine Company
Canton
Paul Browsky
Ww. J. Putnam
G. P. Browsky
George F. Edel
A. P. Maurer
Lincoln Hotel Company
Wellston
Eldra Love
E. C. Love
V. de Sanctis
Leah de Sanctis
Herbert EF. Masters
Plase
Leland G. Kanning
George S. Batley
Lumber and Supply Company
Logan
John W. Jones
A. Magoon
W. W. Keynes
R. B. Longstreth
C. E. Brown
S. N. Weil Co
Cincinnati
Alexander J. Weil
J. Meyersfeld
W. J. Williams
New York Clearing House reports reserves exceed requirements
Clearing House banks show a reserve surplus of 37 424 450 dollars for the week, a 6 759 375 dollar rise in the cash reserve ratio. Greater New York banks outside the Clearing House hold 749 183 700 in deposits with 53 590 500 cash and 775 340 100 in loans.
MENTIONED IN THIS ARTICLE
New York
United States
Clearing House
Greater New York
Coffee futures open steady then fall on weaker cables
New York trading opened with coffee futures unchanged to down five points as lighter French cables and selling of late positions weighed on near months. Market closed on a quiet note with a five point net decline after 11,250 bags traded. Rio spot quiet at 6% to 6 1/8 cents, Santos 4 at 8% to 9 1/2 cents, mild Cordova 10 1/2 to 13 1/2 cents.
MENTIONED IN THIS ARTICLE
New York
Ing
Europe
Rio No
Santos No. 4
Cordova
Mining Stocks Report From Boston Market Window
Boston notices a current list of mining and oil stocks with fluctuating prices and percentages. Companies include Amalgamated, Calumet and Hecla, Centennial, Copper Range, Daly West, Granby, Isle Royale, Massachusetts Mining, Michigan, Mohawk, Parrot, Quincy, Texas tea Cone, Trinity, United States Mining, United States Oil, Utah, Victoria, Wolverine, North Butte, Nevada, and Calumet and Arizona.
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
Montana Coal and Coke
Old Dominion
Osceola
Parrot
Quincy
Tea Cone
Tamarack
Trinity Im
Ae Copper
United States
New York Port Trade Figures For Week Ending March 24
Imports of merchandise and dry goods at the Port of New York for the week ending March 24 totaled 10 285 317 dollars. Imports of specie at the port for the week stood at 54 990 dollars in silver and 678 177 dollars in gold. Ports of specie from the port for the week ending today totaled 12 250 dollars in gold and 252 012 dollars in value.
MENTIONED IN THIS ARTICLE
New York
Metal markets stay quiet as cables absent on New York exchange
New York metal prices drift with few quotations as cables are missing. Tin sits near 31.75, copper around 12.87 to 13, lead steady near 3.90, spelter about 4.65 to 4.70. Iron and other metals show little movement. In St Louis, lead remains at 3.75 and spelter unchanged.
MENTIONED IN THIS ARTICLE
New York
Carente
ST. Louis
Also Mentioned on This Page
Trust
Ticker
Dun
Bradstreet's
Eighly
H. M. Beazell
Chas. BE. Bultman Co
Roberts, Hall & Criss
NEW York Mining
Treasury Statement
W. E Hutton & Co
First National Bank
Bilding
Total
Special Dispatch
Cin
Street Ry
Cin. & Sub
Cincinnati 4S
Gas & Elec
Elyria School
Avondale St
Cincinnati Clearing House
Glasgow
CS Bees
Gee
Reich- Mars
Ark
Siee
ISB
Ask. Cin. Int. Ry
Col. & Xenia
Miami
Ohio Traction
St. Ry
Colum, Ry
TBG
Col. Hy. & L
T. Rys. &L
Det
Ask
Este
Panama
Am. R. Mill
Jiuobe
Jergens
Globe- Wer
Bar. & Smith
Hin’ Ey F
Ph. Carey Pr
Ph&fm
Rob'n Realty
Oz Cayahowa Tei UU
Powell Peaf
Sulds
Fieisch
Consol
Et J
Sinking Fund
Sinking Fund Ag
Southern Ry
A. M
Water Works
Southern Ry. Ter
Water
F. Me
J. A
Pan Spectre
Am. Nat
N’l
N’l.Npt
Nor. Nat
Nor. Sav
Dayton & M
Securities
Oak L
Bullock
Fay&Eg. Com
Hoav-O-R
Niles B.-P
Pr.a.&b
Ind. St. Ry
Adolf Mayer
Sea Breeze, Fla
Cincinnati League
Union Trust Building
Hotel Men’s Association
Business Men's Club
W. H. Parkinson
R. Beaus
New York City
E. M. Metzger
L. C. Hart
Dayton, O
T.watson
Millborne
W. J. Bryan
Lincoln
Neb
Carriage Men's Club
Otto Armleder
G. S. Brown
C. P. Pratt
George W. Nippert
M. J. McNamara
S. N. Weil Company
Alex. J. Weil
N. Dreyfus
Ben L. Heidensfeld
Sycamore Street
Thomas P. Egan
Chamber of Commerce
William H. Taft
Mr. Taft
Cotton Letters
C. J. Buddeke & Co
Pris . Nace
EL Dorado
Charles E. Bultman
East Fourth Street
Linton Hotel
Ohio
City of Columbus
Daily Market
John W. Ballmann
Vine Street
Carew Building
Phone Private Exchange Branch
M. 2881
Ceadnanet
Cleveland
Disutal Trust & Safe Afe Deposit Co
Queen City Savings Bank & Trust CO
Carew Bldg
Chicago Street Improvement
S. Kuhn & Sons
East Third ST
Boston Mining
Metals
Peoria
Chamber of Commerce Bldg
Rawhide
Regent Mining Co
Best Bank
C. M. Sumner
SEC
Journal Bldg
Reno
U.S
Germany
Joseph Fuchs
Rosedale AV
Charleston
W. Va
Weil, Roth & CO
Phoenix Grain and Stock Exchange
Rudolph Kleybolte & Co
First National Bank Bldg
Hubig Pie & Baking CO
Simon Hubig
Louis J. Staubach
Bec
Treas
Savannah
Oil City
Toledo
North Lima
South Lima
Indiana
Wilmington
Serius Timothy