Disturbance in London Echoes on Wall Street Trading
London unrest triggered selling by arbitrage brokers in New York while traders sought profits from recent gains. Bank clearings for April fell 22.9 percent year over year, and 1,152 business failures occurred in April, the worstApril since 1893. The market shifted as McCrea and Gould voiced cautious optimism, easing tensions with bonds and guiding investors through a weak business backdrop.
MENTIONED IN THIS ARTICLE
Aessen
Bradstreet
United States Steel Corporation
TICKER TALK
Pipettocks in London weak and percent below parity. Union Pacific directors plan new financing soon. Confidence grows in commercial circles, but no other change. Idle rolling stock weakens railway equipment firms. Light demand from loan crowd. Negotiations to sell 40 million dollars New York Central revenue bonds temporarily abandoned.
MENTIONED IN THIS ARTICLE
New York
Brokers Say Market Quite Active with Steady Openings
The market has been described as quite active with prices opening fairly steady and showing early advances. Analysts note strong demand from buyers and ongoing price strength across key sectors.
MENTIONED IN THIS ARTICLE
Advanc
Wall Street Stocks See Mixed Trade Amid Varied Forecasts
Traders reported bullish sentiment in some rooms while profit taking and late selling pulled others lower. Analysts noted divergent views on未来 price paths with few concrete news catalysts and speculation about Union Pacific financing shaping near term moves.
MENTIONED IN THIS ARTICLE
Wall Street
W. B. Hutton & Co
Financial market summaries from New York and Boston May 4
Money on call easy at 1 to 2 percent in New York with a 1 1/2 percent ruling rate and various term rates. Sterling exchange steadies with bank bills quoted around 486.80 to 486.85 for demand and 484.40 to 484.45 for sixty days. Boston reports varied loan and bond rates, including Atchison 4s around 86 to 89 percent, Mexican Central notes around 15 percent, and major equities such as American Telephone 174, General Electric 133, United States Steel 35 to 100 percent ranges.
MENTIONED IN THIS ARTICLE
George Eustis & Co
Mercantile Library
Aurosas
H Chison
Atlantic Coast
Iim
Eel B. Neta
Canadian Pacific
Ste
Colorado Southern
G. W
Arden
Delaware & Hudson
Erie
Great Northern
Isi
Illinois Central
Gadde Oybar
Manhattan
New York Centralr
Norfolk & Western
Ontario & Wren
Pennsylvania
Rock Island
Southern Pacific
Southern R
St. Paul Sode
Texas Pacific
Union Pacific
Car & Fdy
Col. F. & Iron
Consolidated Gas
Weeee General Pilectric
le Hane Ee Ewnne
Ateeteee
Pacific Mail
Republic Btee
Wees
Steel Springs
Sugar Ax
Rf Ease UN & Paast
United States Steel Iim
New York
Prime Mercantile Paper
Sterling Exchange
Boston
Atchison Adj
Atchison
Mexican Central
Boston & Albany
Edison Electric Illuminating
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machine
United States Steel
Toledo Rys
Light
Cin. Gas and Electric
Morning Call
United States Printing
T. of
Saenececce
Cleveland (O
New York Dry Goods Auction Opens with 3 Million Carpet Sale
An auction in New York today drew 800 buyers as $3,000,000 worth of carpets sold. The sale runs all week with prices 11 to 18 percent under list on tugs and 20 percent on scarce piece goods. Changes in seersucker ginghams and percales were noted and jobbers offer summer goods incentives. The market shows a better undertone.
MENTIONED IN THIS ARTICLE
New York
Grain supplies in New York May visible totals
The visible grain supply on May 2 reported by the New York Produce Exchange shows wheat 30,318,000 bushels down 5,547,000. corn 5,176,000 down 698,000. oats 9,986,000 down 576,000. rye 338,000 down 76,000. barley 2,246,000 down 684,000 bushels.
MENTIONED IN THIS ARTICLE
New York
New York Produce Exchange
New York Bond Sales Reported By W E Hutton and Co
Bond activity shows 4s at 895000 and 4,000 Erie converters in series N Y Ko 4914A with 112 16,000 figures. Interboro 1% notes and rapid transitions noted, with total sales around 2 781 000.
MENTIONED IN THIS ARTICLE
W. E. Hutton & Co
First National Bank
Ken
Erie
N. Y. Ko
Uu N
Interboroc
R. An
Final arrangements for Wholesale Saddlery convention in Cincinnati
The Committee of Arrangements meets at the Linton Hotel to finalize plans for the Wholesale Saddlery Association convention slated for early June in Cincinnati. Dr W H Wiley will speak at City Club May 18 on pure food. James Bryce may address the City Club in June. The Council Finance Committee delays bond power talks as members are away. The Miami and Erie Deep Waterways Association is discussed at the Chamber of Commerce meeting today with a special session planned for tomorrow featuring H R Probasco on linking Cincinnati to Chicago via canal.
MENTIONED IN THIS ARTICLE
Wholesale Saddlery Association
Linton Hotel
Cincinnati
W. H. Wiley
United State Bureau of Chemistry
Eee Dee City
James Bryce
Miami and Erie Deep Waterways Association
Chamber of Commerce
Chamber
H. R. Probasco
Chicago
Visitors listed at the Business Men's Club meeting
Visitors registered yesterday for the Business Men's Club included T. C. Berger Chattaray W Va J Resses New York City W H Leanard Cleveland C John L Bul G H Edmonde Co H Barry Chicago Ill H D Griffith R T Griffith Pittsburg Pa and R Dale Benson Philadelphia Pa Resolutions praised Charles P Taft by the board and public The Sinking Fund Trustees adopted them Charles L Harrison Sworn in to replace Taft on the board The board approved 5000 House of Refuge bonds and 37000 street improvement bonds
MENTIONED IN THIS ARTICLE
T. C. Berger
Chattaray
W. Va
J. Resses
New York City
W. H. Leanard
Cleveland
John L. Bul
G. H. Edmonde
H.barry
Chicago
Ill
H. D. Griffith
R. T. Griffith
Pittsburg
R. Dale Benson
Philadelphia
Charles P. Taft
Sinking Fund
Charles L. Harrison
Mr. Taft
Cincinnati Business Directors Elected at Three Local Bodies
The Cincinnati Convention League, Gas and Electric Company, and Little Miami Railroad all held meetings. Reynolds was added to the league board. Melish, Foraker, Burkhardt, Finch to officer posts. many directors reelected at the gas firm. Charlies D. Jones named secretary at Little Miami to replace Urner, with Harrison added as director.
MENTIONED IN THIS ARTICLE
Cincinnati Convention League
Linton Hotel
R. R. Reynolds
W. B. Melish
J. B. Foraker, Jr
C. A. Burkhardt
Will L. Finch
David C. Jones
L. B. Ath
Luke W. Smith
E. N. Roth
Little Miami Railroad Company
Charlies D. Jones
Frank J. Jones
Henry Co. Urner
Charles L. Harrison
Urner
Jones
Cincinnati Equitable Insurance Elects Board of Directors
The eighty third annual meeting of policy holders elected Frank J. Jones James M. Glenn Richard Dimond William H. Alms Briggs Cunningham Louis B. Miller M. M. White Charles P. Taft Charles L. Harrison Charles F. Windsich Maurice J. Freiberg and Albert H. Chatfield to the board. Unanimous choice with no opposition. Directors to meet next Monday to organize.
MENTIONED IN THIS ARTICLE
Cincinnati Gas and Electric Company
West Fourth Street
Stephen R. Burton
J.T. Carew
Briggs S. Cunningham
Charles H. Davis
Joseph B. Foraker
R. A. Holden
C. L Harrison
Louis J. Hauck
Keith
Norman G. Kenan
M. E. Moch
Casper H
Cincinnati Equitable Insurance Company
Frank J. Jones
James M. Glenn
Richard Dymond
William H. Alms
Briggs
Cunningham
Louis B. Miller
M. M. White
Charles P. Taft
Charles, L. Harrison
Charles F. Windsich
Maurice J. Freiberg
Albert H. Chatfield
Promoters Rally Over Legislation For Cincinnati Elevated Rail
Promoters of the proposed Cincinnati elevated railroad praise the legislative act but admit no construction plans yet. J G Schmidlapp doubts start date while optimistic about securing funds. County auditors set appraisals for rail lines and rolling stock in Hamilton and Butler counties. Civil Service leaders Doyle Moss and Callahan head to Chicago for the National Reform Association convention.
MENTIONED IN THIS ARTICLE
Cincinnati
Ohio
J. G. Schmidlapp
Cincinnati, Lebanon & Northern Railway
Middletown
Montgomery
Chicago, Cincinnati & Louisville Railway
Hamilton County
Butler County
John T. Doyle
Civil Service Commission
Washington, D. C
National Civil Service Reform Association
Chicago
C. W. Moss
Civil Service Board
John Callahan
Cincinnati Board of Safety
Coffee futures open steady in New York market
The New York coffee market opened steady to as much as 5 points higher on Europe driven demand and Brazilian receipts. The day closed steady to 5 points lower with sales totaling 18 250 bags for May July and September contracts, while the world visible supply for April fell 511 521 bags to 14 949 069. Spot quotes showed No 7 Rio 6c No 4 Santos 9 75 to 9 9 inch mild dull Cordova 9 5 to 12 c.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos
Cordova
New Orleans
England
Liverpool
Ithwest
ERY Sv Cdecde
Uen Aess
Bureau of Corporations
Houston
Gulf
Foreign bourses reel as Indian frontier trouble hits shares
May 4 market round up shows money in ample supply but quiet demand. Indian frontier tensions trigger a 1% fall in controls and a dip in Indian stock, dragging gilt-edged issues and rails. DeBeers and Rio Tinto weaken in Paris while New York, London, and Berlin trade open sluggishly with rates steady to easy.
MENTIONED IN THIS ARTICLE
London
Continent
Stock Exchange
Paris
New York
Anaconda
Atchison
Baltimore & Ohio
Canadian Pacific
Chesapeake & Ohio
Chicago Great Western
Chicago
Milwaukee & St. Paul
DeBeers
Denver & Rio Grande
Hrie
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
Exchange
Berlin
Pilla
Traction stocks lead brisk Toledo market. bonds quiet
In Cincinnati and Chicago style notes, Toledo Railway and Light dominates sales as traction stocks climb while bond activity stays muted. Cincinnati Gas and Electric strengthens early before easing. United States Printing trades around 7d8. Bond quotes show municipal issues in demand but overall money market soft.
Cotton markets rise across New Orleans and London futures
Cotton prices advance in New Orleans and London with spot and futures gains. Trading shows steady to strong backing from England and Liverpool, amid rain and frost fears in the western belt, while volume remains robust and receipts mix varied by port.
London metal markets mixed with slight gains and firm local prices
London tin rose to £143 5s while copper advanced about 2s 6d with spot £57. Local markets showed strength for lead at $4.10 to $4.15 and spelter at $4.60 to $4.65 though copper and iron remained weak or unchanged.
MENTIONED IN THIS ARTICLE
Louis
Spelter
New York
London
Cleveland
Northern
Southern
Turpentine and Rosin Prices Across Southern Ports May 4
Charleston reports turpentine quiet at 43 1/4 cents with no sales and rosin varying by grade up to 5.65 per barrel. Savannah shows firm turpentine at 43 cents with large rosin sales and several price points from 2.90 to 5.75. Wilmington notes little activity in turpentine at 2.65 with minor tar and crude movements. City reports oil runs and coastal shipments data for Toledo and Lima areas.
MENTIONED IN THIS ARTICLE
Charleston
Rosin Es
Savannah
Wilmington
City
Toledo
Lima
Indiana
Treasury balance report shows funds and gold holdings
Washington May 4 statement lists available cash in the general fund at 254,003,946 dollars excluding the 150 million gold reserve. gold coin and veseta 14,427,395 dollars. gold certificates 27,0
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Cincinnati Markets Report May 4 1908
Market summaries show wheat firm with No 1 Northern at 1.09 and No 3 red winter at 1.03, corn and rye higher on demand, oats steady, flour firm, hay steady with top quotations. Inspections list varied car loads and commodities including hogs, butter, oranges, coal, and petroleum in a dense, era-typical tally of prices and arrivals.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Northern
L Hay
Farley
Tobatco
D.s.mts
Fruit and Grocery Price List Highlights
The list shows prices for apples to strawberries, citrus, onions, potatoes, and squash with per barrel, per crate, or per box rates. Meat and fats include beef plate, green meats, lard, beans, and wool items with varied unit prices. The entry ends with feathers and poultry values.
MENTIONED IN THIS ARTICLE
Messina
Palermo
Florida
Queens
Ohio Incorporations Special Dispatch May 4 1924
The Continental Company Hamilton 3000 dollars by John C Hooven James W Lee Elmer R Shipley C E Hooven Paul W Hooven. The Slovak Printing Company Byesville 10000 dollars by E S Berry Andrew Fecho Andrew Wanczak J A Skinner and W C Gage. The Berlin Heights Brick and Tile Company increase capital from 10000 to 15000. The Chapman Run Coal and Mining Company Cambridge 10000 dollars by J H Mackey W P Devore J C Orr Dillon Marsh F A Pomeroy. The M Dugan Concrete Company Cincinnati 10000 dollars by James N Dugan E J Tully E J Oliver M L Maddux and H W Bante.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
Continental Company
Hamilton
John C. Hooven
James W. Lee
Elmer R. Shipley
C. E. Hooven
Paul W. Hooven
Slovak Printing Company
Byesville
E. S. Berry
Andrew Fecho
Andrew Wanczak
J. A. Skinner
W. C. Gage
Berlin Heights
Augusta firm fails in bankruptcy filing
In Augusta, Ga, a bankruptcy petition was filed in the U S Circuit Court against Inman & Co by Atlantic Compress Company Gulf Compress Company J J Evans and C R Sims claiming liabilities of 1 25 million dollars and assets about the same. note says several other Inman firms are not connected.
MENTIONED IN THIS ARTICLE
Atlanta, Gay
United States Circuit Court
Atlantic Compress Company
Gulf Compress Company
J. J. Evans
C. R. Sims
Inman & Co
Augusta
Dairy market roundup across multiple cities May 4
Butter steady with varied regional quotes. Chicago reports creamery 19a2c, dairies 26c. Eggs steady with firsts around 14c. Cheese generally steady to irregular with state and New York varieties cited. Poultry dressed and fowl prices listed, turkeys 12 to 17c, fowls 11 to 13c.
MENTIONED IN THIS ARTICLE
Elgin
Chicago
Philadelphia
Pennsylvania
New York
Kansas City
Western Factory
Mae
Seeds and seed prices listed for Toledo area
A fragment lists seed items in Toledo including 4 Clover seed for cash 13 and October aLet with mentions of Timothy seed priced at 2.5, indicating a local seed sale catalog.
MENTIONED IN THIS ARTICLE
Toledo
Cotton Seed Oil Markets Reported in New Orleans
In New Orleans on May 4 the market for cotton seed oil shows prime grade at 41.
MENTIONED IN THIS ARTICLE
New Orleans
Also Mentioned on This Page
India
York
Newark
Merce
Tos
McCrea
Pennsylvania’ Railroad
Gould
Missouri Pacific
Amalgamated
St. Paul
United States
Ticker
Saas Wy
H. M. Beazell
Charles E. Bultman Company
W. R. Todd & Co
Fotel Sales
CinciNnati Gas and Electric
New York Exchange
ST. Louis
Commerce Wal
Toledo Railways
Cincinnati, Newport & Covington Light and
Traction
Cincinnati Street Railway
Cincinnati School
Cleveland (C
Cincinnati, Newport & Covington
Cincinnati Clearing House
Glasgow
Iss
Aioe
Sterling
The
Railroa
Merch
Consol
S. F
J. J
Wee
Southern Ry
F. A
M. N
Tedescowbe Water Ry
Wee A
Sceereeses
Ferdastuse
J. D
C.rcecereceneee
Sceversesenesses Kit Gilbert
Ccecee Vewereeseseneres We Blunt SE
Cceenectecereseceee
Ee St. and Sewer
Wss
Ceneener Ee Gs Ton CO . Bonds
Longview Fa
Sas
Ieeessseee
Fareee
EF. A
Industri Bar & Smith
Columbia Gas
Col.Gas
Weber
Tractio
I. du Brut
Sin
Ham
Col. Ryde
Noro.l
F . Col
C.b.ls
Tol. Ur
Ham. & Lind
Miami & Ger
Miami
To & AG
St.Rg
Shillito Co
Niles ¥.W
U. 8
Panama
Philippines
Ask
Ask. Cin
IC N.O.& T.P
Col & Xenia
Little Miami
Traction &Tooks, Cn, & Ham
C.n.&c.l
Tichio
St. Ry
O'ma
B. Solum
T. B. G. Col. Ry
T. Rys
Sciotoe Valley
Int
Nor, O.l.&t
Am. R. Mill
Globe
Do & Smith
Globe Wer
Tool
Hinley F
Hous
Stan
Brownell
Casey-H
Kroger
Nat A. F. A
Ph. Carey Pr
Mill
iProc
Gam
Columb! Gas
Rob’n Realty
Col
Steptoe-Sh
Cuyahoga
Seuwe
M. Bs
C.r.&f.w. Ts
Am. Nat
Bright
Cit
Cosmopolitan
N. Br
Roberts, Ha
New Fork Stock Exchange
American Tobacco
Borden’s
British Co
Butte Coatlumbia
Ameter
Otis Elevator Com
Royal Baking Pond Standard OU
Wee Tonoh
United Cop
R Co
Daly-West
Pnorth Butte
Sccr
Trinity
Utah
Davige
Ely
C. J. Buddeke & Co
Union Trust Building
Abisdecess Sensese
Ager Enone
ATE NA
Ch Np Cc'se
Pevesesedsess
Csecsesseee
Cccecenseses
Eee
Metals
Treasury Statement
Cincinnati Street and Sewer
Cincinnati Water Works
SALAS
Walnut Street
Postoffice
Chicago Street Improvement
S. Kuhn & Sons
East Third ST
AaTi Do City
Fruits and Vegetables
California
N. Y
Japan
Michigan
Akron Crescent
Eouler — Springers
Suas
Bushel
Salis
Columbus Gas and Fuel Company
Columbus Gas
Claude Ashbrook
Omaha
Nebraska
Western German Bank
12Th and
Vine Streets
Madisonville
Weil, Roth & Co
Baldwin
the Baldwin Company
W. 4Th St
Augusta (Ga
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