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Cincinnati Commercial Tribune in Cincinnati, Ohio

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This newspaper page contains 19 articles. Subscribers can read the full text of each article.

Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

May 02, 1908

Page

8

Strong Tone in Stocks On St. Paul Movement

New York May 1 stocks showed a strong tone led by a St Paul group with influential finance ties amid market questions. Pennsylvania rose amid dividend cuts while copper and United States Steel lagged. foreign exchange eased in London and Paris with Treasury flows offset by interior currency gains.

New York St Paul St. Paul Minn Great Northern Northern Pacific London Paris New York City Pennsylvania United States Steel United States George Eustis & Co Mercantile Library Atlante Reskae ‘Line Esuven Enseevsvesnass Canadian Pacific Chi & Alton O Southern Reer & Hudson Norfolk, & Western Ontario & Western Rock Island Southern Pacific Southern R. R Texas Pacific Toledo Ry. & L Union Pacific Aces Wisconsin Central Amal Car & Fdy Col. F. & Iron People's Gas Republic Steel Western Union

London Stocks Slip as Currency Bill Prospects Dim

Congress shows more disposition to take up legislation urged by the President. Currency bill passage grows remote. Union Pacific may earn $8,000,000 above its 10 percent dividend this year. Alton reports March earnings up $107,043 but nine month earnings fall $334,558. Birmingham notes severe struggle to hold iron prices.

Congress Union Pacific Alton

Brokers Say Bulls Control Market Outlook

Market commentary from brokers notes strong banking influence sustaining a firmer tone in prices. St. Paul leads gains as demand for stocks intensifies, with expectations of higher prices and occasional dips on active shares.

St. Paul H. M. Beazell Charles B. Bultman Company

Market mood notes steadiness amid growing crop confidence

The report highlights strong investor sentiment with gains at the close and confidence in crop recovery. It notes bear rumors are ignored, suggesting neutrality for daily traders who buy on dips and sell on rallies, per Page Hill and Toda & Co.

Page & Hill W. R. Toda & Co

Financial Market Roundup May 1 New York Boston There Is Activity

Money on call easy at 1 to 2 percent in New York with a 2 percent ruling rate. Time loans show mixed gains 60 days 2 to 4 percent 90 days 3 percent six months 3 to 3 1/2 percent. Sterling easier with bank rates around 486.90 to 486.95 for demand and 484.30 to 484.40 for 60 day bills. Government bonds steady. railroad bonds irregular. Boston further notes call loans 2 to 4 percent time loans 3 to 5 percent and lists several rail and industrial bonds and equities with varied prices and yields.

New York Prime Mercantile Paper Sterling Exchange Boston Atchison Adjustable Atchison Mexican Central Boston & Albany Boston & Maine Boston W Elevated Fitchburg Massachusetts Electric Massachusetts Gas United Fruit United Shoe United States Steel Ask S. Panama Philippines Cincinnati Clearing House London Glasgow Berlin Paris

Public Debt Statement Shows April Increase to 925 Million

The monthly debt report for April 380 1908 shows total public debt minus cash at 925,167,236, up 15,445,899 from March 30 1908. Interest bearing debt 897,503,990 plus non-interest bearing 424,759,537 and ceased interest 4,500,695 sum to 1,326,764,223, with $1,135,840,896 in certificates offset by cash for redemption. Cash in Treasury totals 1,839,060,362 against 1,437,453,375 in demand liabilities, leaving 401,596,987 cash balance.

Washington Treasury Treasury of Philippine Islands

Germania Store Celebrates Sixtieth Anniversary Name Changes

The Germania department store marks sixty years in business and adopts the Jennings Miller Company name honoring its founder. The piece notes other Cincinnati business actions including stock exchange elections, railroad bills, and organizational shifts among local trade groups.

Germania Department Jennings Miller Company Industrial Bureau Union Trust Building Cincinnati Methodist Book Concern

London metals drift lower as US market quotes ease

In London tin copper and spelter slip with weak futures, local markets show softer quotes. Lead remains steady to unchanged while iron edges higher in English markets, with US readings noting Lead at 4.56 and Spelter at 4.56.

York London Standard Foundry Cleveland Foundry Northern Southern Southern Soft ST. Louis

Coffee futures open steady slip in one month selling

The New York coffee market opened steady with a 5 point gain on moderate Brazilian receipts and French cables, then pared the advance as selling broadened. Close remained steady to 5 points higher with 15,500 bags traded including May 5.80, July 5.85, September 5.90, December 6.00 and March 6.05 cents. Spot values held, No. 7 Rio 6, No. 4 Santos 8.75, Cordova 2.25 cents.

New York Rio Santos Cordova New Orleans Houston Do Gulf Alteady Adee Ee Bendy SRO Uaty Ecto Ds Acd Svense Gory Liverpool American Oe G. oOo

New York Bond Sales Report Summary

A condensed recap of New York bond transactions by W E Hutton and Co and First National Bank. The list covers various bonds including Mexican Cen, Ist Peo, Ga, and Pitts issues with values up to 20 million and total sales around 42.48 million dollars.

W. E. Hutton & Co First National Bank Suilding Bkly tKings Co. el Pitts. T Bae Sreebe Seavee Peretpaens

Boston Mining Prices Report May 1

Boston market overview lists commodity values for mining shares with numerous firms including Calumet and Hecla, Isle Royale, Michigan, United States Mining, Old Dominion, Parrot, Quincy, Nevada, Butte groups, and others. Prices are varied with percentages noted for each company.

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 Shannon Yamarack Trinity United Copper United States Mining United States Old Utah Victoria Winona Wolverine North Butte Butte Coalition Nevada Arizona Arizona Commercial Greene Cananea

Traders Favor Traction Stock in Cincinnati Market

In Cincinnati May 1 the market showed strength with strong activity in Toledo Railways and Light and Cincinnati Gas and Electric. Municipal bonds remained a leader in sales while New York exchange traded at premiums. Dealers noted better money market conditions with call loans at 4 to 5 percent and several hundred shares changing hands at notable prices.

Toledo Toledo Railways, Light and Traction Company Cincinnati Laey Ako Toledo Railways and Light Cincinnati Gas and Electric Procter & Gamble Prof Cincinnati, Newport & Covington Light and Traction Procter & Gamble Com Cleveland Ohio Greenville N. C Hattiesburg Miss New York Exchange

Oceanic Oil and Turpentine Prices Across Cities

May reports show oil, turpentine and rosin data across City, Wilmington, Savannah and Charleston. Notable figures include Savannah rosin sales of 2 721 bbls and May turpentine steady at 44c, with rosin prices reaching up to 5.90. Wilmington turpentine steady at 4344c and rosin at 2.65. Charleston turpentine quiet at 42c with varied rosin pricing across grades.

Wilmington Savannah Charleston

Wool Market Too Weak as Supply Dwindles

From St Louis and Boston reports the wool market remains very dull with little fresh business. Dealers note small lot activity but overall volume and prices inch down with prospects for improvement remote. Boston shipments to April 30 reach 46 million pounds vs 100 million a year ago. receipts total 43 million vs 99 million.

ST. Louis Boston Commercial Bulletin

Dry goods market shows firmer inquiry and steady winds

New York May 1 The dry goods market reveals broader inquiry from converters for small lots and rising interest from small jobbers. Yarns remain weak yet contracts grow. Raw wool stays quiet with prices easing. Jobbers improve trade in wash and dress goods and knit goods see more quick shipment inquiries.

New York

London market bond listings and industrial stocks noted

The listing showcases 1920s 1930s securities including Newport Water Works bonds 3.855 and various industrial bonds with values around 100. It catalogs railroad and traction bonds, unlisted bank stocks, and major figures such as American National Bank, Cosmopolitan Bank, Norwest First, and Union Trust, with ex dividend notes and Percent yields.

Cin Ham lOhio Traction C.N C.l.&t St. Ry Col. Ry. & L Biscts Am. R. Mill Globe Soap Jergens Ee Smith Rownell Camile Tob Casey-H Kreee C. Et Nat. A. F Columbia Gas Col. Gas & A Steptoe-Sh S. Printing Cuyahoga Tei Power Ham Foulds M. M Wurlitzer Do Poteeee Ee Fleisch'n Bank Atlas Nateee Ee Rman Lent Tizens Western Cincinnati Bonds Consol S. F J. J King Fund Oe. N M. N Gilbert Treene Stenenea Tileon Miami Bridge F. A Newport Bar & Smith Cin. Edison Ham. Gas Fay & Eganés Col Pa. Bridge U. S H.& DA St ‘&F.W Am. Nat City’ Hall Cit Cosmopolitan Trust First N’l N’l Npt Colum, Bank & Sav. Co Ee Norw. First Nor. Nat Nor. Sav Prov S. T Ae Sec Unity Law Traction B. G

Cotton Market Slips After Morning Gains Across Markets

New York and New Orleans report a broad decline in cotton prices amid heavy selling and bear pressure. Prices closed near lows as gains faded. receipts at major ports and futures across months show consistent weakness, with Southern spot markets mixed and Liverpool futures unsettled.

Markets in Cincinnati May 1 1908 excerpt

Minneapolis Wheat No 1 Northern closes at 1.08 with firm wheat and higher corn and rye. oats dull with no price change. Flour, patent prices noted. hay receipts large and prices easy. Whisky firm. extensive price ranges for winter patent and various corn and rye grades. Reports include receipts, shipments, and multiple grain inspections and market figures.

Cincinnati Minneapolis Wheat Northern

Market Prices and Tobacco Figures From Cincinnati Week

The snippet lists produce prices for apples bananas beets carrots cabbage lemons oranges onions potatoes strawberries squash sweet potatoes tomatoes and coffee molasses sugar salt and more. It also reports a weekly tobacco market summary with offers, rejections, average prices for new and old tobaccos and a May stock on hand comparison.

Messina Palermo Florida Queens N. O Santos Actos Akron Crescent Cleveland Diamond

Also Mentioned on This Page

House Wall Street New York Central Ticker Birmingham Gw. E. Hutton & Co Pho Roberts, Hall ,& Criss Public Debt Statement Joseph Peebles Alfred Hill T. B. Paxton F. A. Laidley J. A. Collins Pelee Island The Metal Trades Association Business Men’s Club Board of Governors of the Stock Exchange Albert Dietrich Edgar Friedlander Claude Ashbrook EH. N. Laralde Charles Thurnauer State Senate Harry Vetter Bodmann Tobacco Warehouse Burley Equity Society Vetter Winchester Herman Schneider Cincinnati University Worcester Mass Providence, ‘Worcester and Boston Metal Trades Associations Schneider Fitchburg Chamber of Commerce and Business Men’s Club Cincinnati League Cincinnati Convention League Hotel Linton Will Finch J. B. Foraker, Jr W. B. Melish M. E. Moch L. R. Ach Luke W. Smith Davis Cc. Jones O. D. Bryant J. T. Carew H. F. Woods George Puchta R. W. Lyndh HK. N. Roth C. A. Burkhardt J. H. Harfin Fred A. Geler W. A. Hopple Charles J. Christie Stock Exchange Chamber of Commerce Exchange Chamber Metals Otal Sales Boston Mining Electric Chicago Gas Elec Tol Rys and Light St. Railway Proc. & Gam Rys and Light Union L. H. and P Luliuw Ask. Cin Ae Col. & Santa Little Miami WOOL Peoria Day Rae &M Pay & A Miami Niles T.w.pr. U Roberts, Hall & Criss Ares British ‘Columbia Copperin Gorfi Fivce Otis Elevator Cananea C. J. Buddeke & Union Trust Eee Manes A Sue Kansas City Americas Philadelphia Louisville Tobacco Tribune Special Dispatch Louisville United Main Street Bprlin Washington, M German National Bank Covington, Ky James OC S. Hamilton Georges E. Engel Cashier H. P. Colville Asst Cincinnati Street and Sewer Cincinnati Water Works Cincinnati School Hausas National Bank Walnut Street Postoffice Rket Tim’y Tim Fruits and Vegetables Transac Globe Bodmann Ars Ag Japan UTTE Bayonne New Jersey Western German Bank 12Th and Vine Streets Baldwin Baldwin Company W. ¢Th St Worth Ant Watnue Cincinnati Equitable Insurance Company E. Third Street H. Ernst California N. Y B’s Hams
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