Effective support lifts New York stock market start
Prices found support at the open as overseas news improved sentiment. Foreign buying and anticipated Union Pacific actions helped steady declines, with rail shares and United States Steel among notable gainers. Bond demand remained firm and bonds traded at par value.
MENTIONED IN THIS ARTICLE
New York
St. Paul
Union Pacific
Southern Pacific
Vanderbilt Lines
New York City
London
Paris
United States
Ticker Talk on American Stocks in London
American stocks in London held firm with high parity. Harriman shares showed notable strength amid ongoing Afghan situation discussions. London markets reflected resilient cross border trading as analysts weigh economic signals.
MENTIONED IN THIS ARTICLE
London
General Electric Annual Report Notes Dividend Surplus
General Electric reports year ended January 31 shows surplus available for dividends 6 586 000 against 8 437 000 last year. This equals 10 11 percent on outstanding capital stock. Light demand for stocks in loan crowd noted.
MENTIONED IN THIS ARTICLE
Tes
General Electric
Market brokers optimistic on short term gains
The opening tone suggested higher levels ahead as short selling and profit taking were absorbed. Trading was dull with a closing bias higher, while borrowing demand for stocks remained strong and bears circulated rumors. Analysts from Hutton Beazell Bultman Roberts Hall Criss Page & Hill Todd assert an optimistic bull view despite cautious activity.
MENTIONED IN THIS ARTICLE
W. E. Hutton & Co
March
Page & Hill
Roberts, Hall & Members
New York Stock Exchange
American Tobacco
Borden
British Columbia Copper
Dominion
Otis Elevator
United Copper
A. P
Daly-West
North Butte Trinity
Utah Consolidated Green Cananea
Davis-Daly. - Eae
Cum
Ely
Industrial leaders seek site for new plan in Portsmouth
The New Industries Committee of the Industrial Bureau hosted iron industry figures Joseph P. Becht and James L. Romer, delegates to the State Camp of Modern Woodmen of America in Portsmouth, who left for the city for a four day session. Cincinnati Gas and Electric Company directors reorganized and re elected Charles P Taft as president and Theodore Clauss as secretary treasurer with Louis J Hauck as new vice president. The Wholesale Saddlers Association finance committee met at the Linton Hotel to map its Cincinnati convention set for June 8 to 13, with Secretary Taft asked to attend but he declined due to time constraints.
MENTIONED IN THIS ARTICLE
New Industries Committee
The
Industrial Bureau
Joseph P. Becht
James L. Romer
Woodmen ‘of America
Portsmouth
Cincinnati Gas and Electric Company
Charles P. Taft
Theodore Clauss
Louis J. Hauck
R. A. Holden
Holden
Wholesale Saddler’s Association
Linton Hotel
Cincinnati
Taft
City and Toledo Railways reach settlement terms
W B Hutton reports a Toledo telegram saying the Council accepted the settlement terms with Toledo Railways and Light Company and an ordinance was passed. The franchise ends in three years, improving chances for a long term franchise. The Phoenix Club met at Ninth and Race, electing Rheinstron president and a slate of officers and directors.
MENTIONED IN THIS ARTICLE
W. EB. Hutton
Toledo
Toledo Railways and Light Company
Traction Company
Money on Call and Rates in New York and Boston Markets
New York on May 5 reports money on call at 1% to 2% with ruling 1% and offerings at 2% and time loans steady to firm from 2 1/2% to 3 1/2% for various maturities. Sterling exchange steady with bankers' bills around 486.85 to 486.90 demand and 484.40 to 484.45 sixty-day. Boston May 5 shows call loans 2% to 4% and time loans 6% to 5% with bonds and railroad issues varying, including Atchison issues, Mexican Central, Union Pacific, and several electric and industrial stocks with quoted prices and asks.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
Sterling Exchange
Ilroad
Boston
Atchison Adj
Atchison
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
Mexican Central
N. Y
Union Pacific
Telegraph and Telephone
American Woolen
Dominion Iron and Steel
Bison Electric Illuminating
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machine
United States Steel
Cincinnati Clearing House
London
Glasgow
Berlin
Paris
Oded Ashe Tebe Enlee
Mary Sendee Cree
Foreign Bourses Open Steady Amid London Gains and Paris Firm
London shares rose as Indian news spurred bear coverings while American stocks showed morning cheer and Rio Tinto buying for Paris. Consols firmed, copper and Amalgamated Copper rose, and U S Steel and rail names traded higher. Paris and Berlin markets followed London with firm prices and gapped discount rates.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
T. American Securities
Pacific
Canadian Pacific
New York
Paris
Atchison
Baltimore & Ohio
Chesapeake & Ohio
Chicago
Chicago Great Western 5, 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 li
Amalgamated Copper
Bprlin
Turpentine and rosin price glimpses across ports
Collects price quotes and port reports from Charleston Savannah Wilmington Oil City and Toledo on May 5 6. Turpentine and rosin values shown with varying sales receipts and shipments as markets hold steady with modest activity. Details include 42 43 cents turpentine in Charleston and 41 43 cents in Wilmington with rosin ranges up to 6 10 and 5 80 respectively. Oil market figures from Toledo and North Lima and South Lima show modest varying cents per barrel.
MENTIONED IN THIS ARTICLE
Charleston
Savannah
Wilmington
Oil City
Toledo
Lima
South Lima
Indiana
Wool Market Holds at Low Prices Across Regions
Boswon and St Louis report wool markets steady at the lows as New England mills curb activity. Quotations cover Ohio Pennsylvania fleeces and Kentucky Indiana Missouri mixes, with scoured Texas and regional finches showing subdued prices.
MENTIONED IN THIS ARTICLE
Boswon
New England
Ohio
Pennsylvania
Kentucky
Indiana
Missouri
Texas
St, Louis
New York Bond Sales Summary of Various Issues
A compact report from W. E. Hutton & Co. and First National Bank outlines numerous bond issues with varied yields and maturities. Listings include Cen Ga 21 inc Gen lec cv, N Y C & H R Pa cv 1915 rets, Cen Lr 20-yr, Evga ha, S. F. ref 4s, Int. Paper 5&, Sou. Pac. ref 4s, Texas Pacific Met, Nor Pac and other corporate and regional bonds with prices ranging around 4 to 16 thousand and yields from roughly 5% to 9%.
MENTIONED IN THIS ARTICLE
W. E. Hutton & Co
First National Bank
Cen
Ga. 21 Inc
H. R
S. F
Seeaasaei
Laan
Sou
Pac
C. B
Hee
Texas Pacific Met
Dry Goods Auction Shows Strong Sales in New York
The May 5 carpet auction in New York saw large jobbers handling carpet piece goods. Revisions are underway on ticketed cotton goods by commission houses and inquiries increase for cotton yarn. Dry goods export markets stay quiet while the main sale of the week involves 1,000 bales bound for Red Sea ports at 176 per pound. The fin market remains fairly active and jobbing houses push summer fabrics at attractive prices.
MENTIONED IN THIS ARTICLE
New York
Red Sea
Ohio Incorporations Special Dispatch to Commercial Tribune
Ohio incorporations filed May 5 include The Kintner Jewelry and Optical Company in Cleveland with 10000 dollars. The Victor Laundry Company in Cleveland with 25000. The Rheumaline Sales Company in Cleveland with 25000. The Black Cat Glue Company in Cincinnati with 10000. The Crow Wynn Heating Company in Cleveland with 5000. The Williams Metal Weather Strip Company in Cleveland with 30000. The Pitman Educational Company in Toledo with 10000. The John Cashatt Company in Columbus with 25000. Names listed include A B Kintner E H Barrett R S Rogers F A Rogers, A J Myers Hubert Kennedy J N Myler C X Zimmer man Henry C Newhauser T G Nicholson James Nicholson John C Jeler Louis J Hoppe C B Ferguson Edwine Sebhardt W A Gebhart L A De Beard S J Phillips F G Kruger Edw Crow William P Wynn Thomas F Anderson M A Crow D Wynn John E Williams Sam F Grover J T Snow C D Snyder E B R Snyder pone on wie Egelhoff C J Brice E H Wes Jr C J Cherrington.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
The
Kintner. Jewelry and Optical Company
Cleveland
A. B. Kintner
E. H. Barrett
R. 8. Roégers
F. A. Rogers
E. Witkowsky
Victor Laundry Company
A. J. Myers
Hubert Kennedy
John N. Myler
C. X. Zimmerman
Henry C. Newhauser
Rheumaline Sales Company
T. G. Nicholson
James
Nicholson
John C, Jeler
Louis J. Hoppe
C. B. Ferguson
Black Cat Glue Company
Cincinnati
Edwine Sebhardt
Vv. A. Gebhart
L. A. de Beard
J. Phillips
F. G. Kruger
Crow
William H. Farnworth
F. H. Tibbetts
Henry W. Sprang
George. King
W. P. McClurg
John Cashatt Company
Pone
Wie Egelhoff
C. J. Brice
E. H. Wes, Jr
C. J. Cherrington
Traction shares rise as bond market stays firm in Cincinnati
Cincinnati and national markets show traction in street railways and utility stocks with Cincinnati Gas and Electric quiet but firm. Bond activity remains strong with Street and Sewer 4s and Cincinnati School 4s leading gains while call and time loans hold near 5 percent.
MENTIONED IN THIS ARTICLE
Toledo Rys. and Light
First National Bank
Morning Call
Cin. Gas and Electric
Col. Ga&s and
Toledo Rys
Light
Col. Gas and Fuel
Gas and Electric
Aog
Freeees LO
Cincinnati School
Reading (Co
Middletown (O
Financial market summary from a historical brokerage page
The page lists numerous bonds and securities with prices and yields. It includes city and street names, banks, trusts, and railway issues with varying par values and rates. The assortment features common stocks, preferred shares, and U.S. and foreign issues among listed items.
Cotton Letters Market Commentary From Liverpool to Manchester
Liverpool was easier and Manchester demand appeared. Market opened unchanged with strong demand from extended short interest. After this was supplied the market eased but with no pressure and sufficient selling interest. Brokers foresee a big advance despite bearish sentiment, with cautious stance on pullbacks and the long side favored on soft spots.
MENTIONED IN THIS ARTICLE
Liverpool
Manchester
W. R. Todd & Co
W. B. Hutton & Co
Cotton Market Mixed Across Markets May 5 1900
New Orleans reports steady prices with spot sales of 2109 bales and 1400 to arrive while futures rise slightly on favorable Liverpool quotes and a mixed U S weather outlook. Liverpool and New York show firmer futures and a large day’s volume with American middling around 6.16d to 10.65c and May through March contracts quoted in various ranges.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Capetende - Legine
Metals Markets Mixed As London Prices Drift
Lead and Spelter held firm in London while local copper and iron moved little. Tin slipped with London futures at £140.17, copper rose to £58, and North region steel foundry prices eased slightly for No 1 and No 1 Southern furnaces.
MENTIONED IN THIS ARTICLE
ST. Louis
London
Cleveland
Boston Mining Market Report May Day Prices
Boston May 5 market notes list daily bids and asked prices for numerous mining equities. Notable quotes include Amalgamated 61 percent bidding, Calumet and Hecla 650, North Butte 57, United Copper 64, and Ontario area names such as Calumet Arizona 103 with extensive minor fluctuations across many companies.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Allouez
Amalgamated
Atlantic
Bingham
Calumet & Hecla
Centennial
Copper Range
Daly West
Franklin
Granby
Isle. Royal
Massachusetts Mining
Michigan
Mohawk
Montana Coal and Coke
Old Dominion
Parrot
Quincy
Shannon
Tamarack
Trinity
United Copper
United States Mining
United States Oil
Victoria
Winona
Wolverine
North Butte
Butte Coalition
Nevada
Calumet
Arizona
Arizona Commercial
Greene Cananea
Mining Prices Reported in New York Market
New York market notes from May 5 list prices for Adams Con .6, Alice 2.00, Breese .10, Brunswick Con. .08, overing Tunnel .37, Con. Cal. and Va. 138, Tron Silvey 1.00, Leadville Con. .0, Little Chief . Ontario 4.50, Ophir 2.30, Potosi .14, Sav ge .25, Sierra Nevada .35, Small Hopes .18, Standard 1.65.
MENTIONED IN THIS ARTICLE
New York
Adams
Alice
Breese
Brunswick
Con. Cal
Tron Silvey
Leadville
Little Chief
Ontario
Ophir
Potosi
Sierra Nevada
Treasury balance report shows cash and gold assets
Washington May 5 Treasury balances in the general fund exclude the $150 million gold reserve. Available cash balance is $250,384,009 with gold coin and bullion at $15,448,891 and gold certificates totaling $26,927,720.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Wheat and grain markets report from Cincinnati 1908
May 5 1908 Cincinnati market summary shows Minneapolis Wheat No 1 Northern at 1 09 5 cents, prices for WHEAT CORN OATS RYE FLOUR and HAY with reported sales including car lots of red winter yellow corn white oats and various hay grades. Whisky at 1 35 per gallon and grain inspections plus receipts and shipments figures listed for numerous commodities.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Northern
Tim'y
Hall
Tim
Fruit and meat prices from regional market listings
The listing shows prices for apples bananas cabbage onions and more by crate or box, including Florida oranges Messina lemons and Southern queen sweet potatoes. Meat items include beef by barrel and various ham and lard cuts with price ranges and place names.
MENTIONED IN THIS ARTICLE
Messina
Palermo
Florida
Cattle and Hog Markets Reported Across U S Regions May 5 1908
Ohio and Pennsylvania markets show light cattle receipts with steady to strong prices. Hogs move quickly with prices $5.70 to $5.85 for good to choice, while sheep and lambs fetch firm to high bids. Regional totals include Pittsburgh East Buffalo Herrs Island New York Chicago St Louis Kansas City and Texas references with varied weights and classes.
MENTIONED IN THIS ARTICLE
Cincinnati
Commercial Tribune
Pittsburg
East Buffalo
Herr's Island
New York
Liverpool
London
Chicago
ST. Loufs
Barnes Kansas City
Texas
Coffee futures rise as May through December advance
Coffee futures opened steady then gained on May 5 in New York. Traders cited firmer French cables and support from trade interests, with near months holding firm despite some selling against Brazil offers. May sold at 8 cents, July at 5 3/4 cents, September at 6 1/6 to 6 1/6, December at 6 1/6 to 6 1/100. Santos No 4 at 9 1/2 to 12. Mild coffee quiet.
MENTIONED IN THIS ARTICLE
New York
Brazil
Santos No
Cordova
Also Mentioned on This Page
Interstate Commerce Commission
Dundee
B. R. Sneer
Salone
Seaton Waterst
Annes
Delaware & Hudson
Great Northern
Missouri Pacific Central
Rockland
St Paw Co
Col F and Dron AM WY
Consolidated Gas
Pacific Mail
Republic Steel
United State Steel
Western Union Archeeeemasenetenee
Ticker
Alet Harriman
H. M. Beazell
Charles E. Bultman Company
Roberts, Hall & Criss
W. R. Todd & Company
Phoenix Club
Race
Sigmund Rheinstrom
Ben L. Heidingsfeld
Harry Sterne
Henry C. Davis
Karl M. Gutterman
House
Alfred Bettmann
Samuel Trounstein
Jacob, Black
Jonas B. Frenkel
Meyer S. Rosenthal
Louis J. Goldman
Edgar Friedlander
Leo F. Westheimer
Eli Joseph Compose
WOOL
Peoria
Traction
Cincinnati Gas and Electric
New York ‘Exchange
New York Exchange
Special Dispatch
Railways and Light
Neinnati, Newport & Covington Light and Traction
Water Works
Middletown
Newport & Covington
Cincinnati Edison Electric
Ask
Ask. Cin
N.C
T.P
Col. & Xenia
Little Miami
Cn. & Ham
Ohio Traction
St. Ry
Col. Ry. & L
Rys. & L
Det. An. Ry
Pacts Valley
Int
Nor, O.l.&t
Eee Ask
Otte
Panama
Philippine
Am. R. Mill
Globe Soap
Jergens
Globe-Wer
Smi
Sanves
Hinney F. Pr
Casey
Gam
Saly Cim
Tobacco
Columbia Gas
Rob’n Realty
Steptoe-Sh
Ceyeboss Tel We
Ko Ae Pe Ham
Powel Pr
Foulds M. M
Wurlitzer
Fleisch
Atlas Nat
Citizens
J. J
Er A
Southern Ry
Seewee
M. Gas
Teweat Ee Water Works
Eee Water Works
Estiary Water Works
Rennee Water Works
Ae Viaduct
J. - Dineesebessaeesoeer
F. A
Svenevees Reesenel O
Gilbert W
Reem O Peetee
Hamilton County
Longview
Elizabethtown Bridge
Ees Pi
i _ Sandee Works
I. Ee di Wesse
Colum, Bank & Say. Co
Norw
Nor. Nat
Nor. Say
Dales Say
Ks— C.&c.bdg
N.C. Br
Ecuritirs
Augusta
Houston
C. J. Buddeke & Co
Union Trust Building
Ope Low
Cocecevtes
Metals
Boston Mining
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Treasury Statement
Breed & Harrison 302
TEL. Main
the Wwarkets
W. Watt' Isles
O Biss
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N. O
Japan
le Venedcees Sl
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Springers
Asb
Eense
Bushel
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the Baldwin Company
W. 4Th St
City of
Ss. Kuhn & Sons
East Third Street
Navy
Seerae