Reactions Check Advance in New York Stocks amid Bond and Freight Rate Talks
In New York on May 7 the rally paused as reactions hit several strong stocks led by Reading, while Hariman issues showed lingering strength. Union Pacific bond plans stalled due to missing directors and freight-rate discussions drew market attention. Money conditions remained steady and traders noted iron and steel conferences and anticipated Treasury withdrawals.
MENTIONED IN THIS ARTICLE
Union Pacific
New York
Harriman
Meign
Wall Street
Treasury
United States Treasury
Bank of France
Paris
London
United States
TICKER TALK. American stocks in London hold at parity.
American stocks in London show little movement near parity amid a quiet market. The Prosperity convention protests freight-rate increases. Pressed Steel Car reports virtually no orders in two months but cites solid past earnings and assured preferred dividends. Paul Morton re joins the Atchison board. Light loan-demand supports a muted stock market. Erie March net earnings fall by 427,676 dollars and nine-month totals decline by 4,000,000 dollars.
MENTIONED IN THIS ARTICLE
Paul Morton
Atchison
Erie
Reading Stock Activity Dominates Trading Notes
Brokers report little change in market character with most speculative interest in Reading. Professional operators concentrate on Reading while others show renewed activity in stocks with some late session recession. Absorption remains strong with no spectacular manipulation and overall stability. Brooklyn Rap Transit is touted for movement.
MENTIONED IN THIS ARTICLE
Reading
W. R. Todd & Company
Brooklyn Rap Transit
Page
Money on call and bonds ease across New York and Boston markets
New York reports money on call at 1 percent with time loans ranging from 2 to 3 percent and prime mercantile paper at 3 to 4 percent. Sterling exchange held firm with bankers bills around 487.50 and 484.65 to 484.70. Boston notes show call loans 2 to 4 percent, time loans 3 to 5 percent, and various railroad and utility bonds and equities trading with mixed prices across listed issuers.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Boston
Atchison
Mexican Central
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
N. Y
Union Pacific
American Arge. Chemical
American Sugar
American Telephone and Telegraph
American Woolen
Dominion Iron and Steel
Edison Electric Iluminate
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
Unitea
United States Steel
Special Dispatch
Commercial Tribune
ST. Louis
New York Exchange
Bank of England and Bank of France publish weekly statements
The Bank of England reports a rise in total reserve by 40 000 pounds and a 79 000 pound rise in circulation amid higher bullion and securities. Note reserves fall 91 000, public deposits drop 995 000, and the reserve ratio edges to 50.92 percent. The Bank of France records declines in notes in circulation 157 300 000 francs and treasury deposits 31 825 000 francs, with gold and silver holdings up and bills discounted down 287 600 000 francs while advances rise 11 950 000 francs.
MENTIONED IN THIS ARTICLE
London
Bank of England
Paris
Bank of France
Coffee futures rise slightly after steady open
New York May 7 coffee futures opened steady and edged up in late trading as big traders bought through brokers. Sales totaled 87,700 bags with May 6.05 cents and a range to December 6.15 6.20 cents, spot Rio 764 cents and Santos 48 3/4 cents.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos No
Cordova
W E Hutton elected director in Columbus Gas and Fuel Co
W E Hutton was elected a director in the Columbus Gas and Fuel Company yesterday succeeding Drausin Wulsin who resigned. John E Roth was re elected Secretary and Treasurer of the Tuscarawas County Electric Light and Power Company of New Philadelphia.
MENTIONED IN THIS ARTICLE
W. E. Hutton
Columbus Gas and Fuel Company
Drausin Wulsin
A. 8. Rice
C. A. Weil
H. E B. Weil
John E. Roth
Cincinnati
Tuscarawas
County Electric Light and Power Company
New Philadelphia
New
Philadelphia and Canal
Dover
Markets on the London and Paris Bourses Show Mixed Tone
London trading was cheerful though briskness waned awaiting budget details in the House of Commons. Amalgamated rose to 63% while American securities held steady earlier then eased. Paris and Berlin bourses were firm on New York advice, with discount rates running 2% to 4% for short and three months bills.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
House of Commons
Paris
Amalgamated
New York
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
Exchange
Berlin
Learings and Exchanges
Cincinnati Clearing House
Glasgow
Reich- Trepnessia
Reich- Ware
Sterling
Ask
Pig Iron Prices Decline After Industry Meeting
New York May 17 Following a meeting of leading pig iron interests at United States Steel Co office a statement says the gathering aimed to hear reports on blast furnace conditions and the foundry iron trade Prices are about 8 months low and below production cost at most northern eastern furnaces with ore producers curtailing output and not expecting ore prices to drop below last year’s level
MENTIONED IN THIS ARTICLE
New York
United States Steel Company
Lake Superior
Metals markets mixed with declines in tin and copper
In London tin eased with spot £139 2s 6d and futures £139. Prices in New York show copper down to £56 17s 6d spot and £57 12s 6d futures. Local markets varied with lead firm around $4.20–$4.25, spelter down to around $4.55–$4.65, and iron largely steady. Foundry iron quotes held near 50s to 51s 9d with local foundry tonnage around $16.50–$18.00 for various grades.
MENTIONED IN THIS ARTICLE
ST. Louis
New York
London
Standard
Cleveland
Northern
Southern Soft
Wool market round up from London and St Louis sales
Wool quiet in St Louis with price ranges for combing and clothing grades. London sheepskins sale saw 5500 bales offered with good attendance and mixed gains and losses across regions including New South Wales Victoria and River Plate. Shorter growth merinos and crossbreds led to declines while some crossbreds fetched higher prices for America.
MENTIONED IN THIS ARTICLE
ST. Louis
London
America
New South Wales
Victoria
South Australia
West Australia
Tasmania
Punta Arenas
New Zealand
River Plate
North Patagonia
Market Quotations In Boston Stocks Report
Boston market notes list percentage quotes and share tallies for numerous mining and industrial firms. Companies named include Calumet and Hecla United Copper United States Mining Michigan Mohawk Nevada Butte Coalition and others with varied price or percentage figures.
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 Dogginson
Osceola
Parrot
Quincy
Shannon
Tamarack
Trinity
United Copper
United States Mining
United States Oil
Utah
Victoria
Winona
Wolverine
North Butte
Butte Coalition
Nevada
Arizona
Arizona Commercial
Greene Cananea
Butter Eggs and Poultry Prices Across Cities May 7
Chicago reports butter steady with creameries 19 to 25 cents and daisies 18 to 24 cents. Eggs steady at 14 to 15 cents for firsts, cheese steady with daisies and twins at 11 to 12 cents. Poultry alive firm with turkeys 14 cents, chickens 11 to 13 cents, broilers about 1 pound per dozen $3.50 to $4.60. Kansas City notes eggs steady with fresh extras 15 cents. New York reports butter unchanged, cheese quiet, eggs firm with large receipts. state and nearby white 19 cents, brown and mixed 17 to 18 cents. Poultry alive steady with spring chickens and fowls 13 to 14 cents, turkeys 12 to 13 cents.
MENTIONED IN THIS ARTICLE
Chicago
Kansas City
New York
State
Pennsylvania
Commodity prices from New York market report
A New York market brief lists several silver and mineral shares with quoted prices and percentages. Adams Con, Alice, Brunswick Con, Comstock Tunnel, Con Cal and Va, Iron Silver, Leadville Con, Ontario, Ophir, Potosi, Savage, Sierra Nevada, Standard and others appear with specific per share values and minor percentage changes.
MENTIONED IN THIS ARTICLE
New York
Adams
Alice
Brunswick
Comstock Tunnel
Con. Cal
Leadville
Little Chief
Ontario
Potosi
Savage
Sierra
Nevada
Standard
New Orleans Cotton Seed Oil Prices Report
New Orleans on May 7 reports Prime grade cotton seed oil at 43 cents per pound. Trading activity remains quiet with steady demand from major refiners and small buyers seeking quality oil for blending.
MENTIONED IN THIS ARTICLE
New Orleans
Market Dull as Local Municipals Lead Gains
Cincinnati and Chicago reports show steady money movement while local municipals strengthen. New York exchange premium holds. bonds and utilities see selective demand as trading slows with few notable stock bids on the day.
MENTIONED IN THIS ARTICLE
New York Exchange
Cincinnati, Newport & Covington Light and Traction
Cincinnati Gas and Electric
Philip Carey
School
Water Works
Cincinnati Sinking Fund
Cleveland 4S
Municipal
Cincinnati Edison Electrics
Fragmented Bond List From An Old Ledger
An OCR fragment lists various bonds and financial instruments with prices and par values. Entries include railroad trust issues, savings banks, and municipal securities with figures such as 4s 5s and percentages, alongside issuer names like Norw First and Dayton & M and references to ex-dividend dates and stockyard notes. The text resembles a historical market page snippet with multiple denominations and providers.
New York Cotton Market Ends Day With Firm Close
The New York cotton market saw a sharp early drop followed by a strong rally sending prices to near session highs. May through March contracts finished with firmer closes as Liverpool and Memphis spot activity supported gains while weekly receipts and English spot buying influenced the rally.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Wall Street
Manchester
Memphis
New Orleans
Houston
Uplands
Gulf
Hales
Tobacco market report shows mixed prices and dull demand
Yesterday's tobacco sale featured predominant old leaf with steady to strong prices in some lots. New tobacco offerings fell, demand waned, and several warehouses reported mixed lots across multiple firms including Globe Farmers and Shippers Planters Buckeye Bodmann with varied price ranges for new and old hogsheads.
MENTIONED IN THIS ARTICLE
Globe
Bodmann
Tobacco Offers From Louisville Warehouses
Louisville warehouses list tobacco offers for old crop and 1907 crop Burley and dark tobacco. Prices range from 4.20 to 16.50 per hundredweight across Kentucky Warehouse Ninth Street Central and Farmers' warehouses with several lots of Burley and dark tobacco sold.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Louisville
Burley
Kentucky
Ninth Street
Central Warehouse
Farmers’ Warehouse
Seed price notes from Toledo market report
Seeds market rundown from Toledo dated May 17 lists Clover seed October at 7.50 and December at 7.47 with Timothy prime at 2.15 cents per unit.
MENTIONED IN THIS ARTICLE
Toledo
Timothy
Price List for Grocery Items and Meats
General merchandise prices include apples per barrel two thirty, bananas choice to fancy one seventy five a two per bunch, seconds etc. Lemons Messina three to three and a quarter per box, Oranges Florida two seventy five to three and a quarter per box, onions home grown one to one and a quarter per bush, green meats prices for shoulders to bellies with various fractions, ham prices around nine to ten and a half, navy beans two to two forty five, red kidney three sixty to two seventy, white turnkey body rooks unclear.
MENTIONED IN THIS ARTICLE
Palermo
Florida
Markets in Cincinnati May 7 1908 Wheat Corn and More
Cincinnati May 7 1908 markets show quiet wheat with No 2 red winter at 1.03 and 1.02 for sold cars, corn firm with mixed grades around 72 to 73 cents, oats steady at 54 to 55 cents, flour firm at 4.65 per barrel, hay steady around 12.50 to 14.25 per ton, whiskey at 1.35 per gallon. grain inspections list various grades and receipts and shipments across apples lemons bananas lumber and other commodities with mixed freight and product totals.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Northern
Petro
D.s. m
Tim'y
Tim’y
Col. Dry. SM Ccudulus Heatene Wings
Tails and wings listed with measurements and notes on skirts and shorts. Summary mentions tails wings and pointers with assorted figures and a description of long goose quills.
London Board of Trade April trade figures show declines
The April statement from the London Board of Trade records a total drop of 48.414 million dollars in imports and 18.558 million dollars in exports. Imports fall mainly in raw materials with wool down 10 million and American cotton down 17.5 million. Exports decline in manufactured metals by 6 million and textiles by 7.5 million.
MENTIONED IN THIS ARTICLE
London
Board of Trade
America
Oil and Turpentine Prices and Receipts Across Cities
Oil City reports May balances and production figures with daily runs and shipments. Wilmington notes steady spirits turpentine and rosin prices with small receipts, plus tar and crude turpentine values. Toledo lists May prices for North Lima and Indiana blends.
MENTIONED IN THIS ARTICLE
Oil City
Wilmington
Toledo
North Lima
South Lima
Indiana
Ohio Incorporations Signal Regional Business Growth
May 7 report from Columbus lists new or expanded Ohio businesses: Mt. Vernon Telephone Company increases capital to 350000 with officers Frank L. Beam and Harry C. Devin. Phelps-Humphreys Company from Boseger-Phelps name change. Euclid Avenue Congregational Church aims to spread gospel with leaders Elbert H. Baker James W. Moore Theodore M. Baker Henry Barnes H. Clark Ford Albert D. Hatfield. Economy Gas Heating Company Cincinnati to buy sell and manufacture gas heaters with G W Fels and partners. Globe Publishing Company Cleveland to publish maps directories with Lawrence Williams and others. Theater Amusement Company Cleveland operates theater and amusements with H E McMilin Jr W Thorney H E Parsons E A Calkins M T Shaffer. Hoover-Roush Company Lima furniture dealers with W J Wemnmer Charles L. Hoover W H Roush Anton Miller and X Sieberne Electric Company Cleveland.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
Mt. Vernon Telephone Company
Frank L. Beam
Harry C. Devin
Boseger-Phelps Company
Cleveland
Phelps-Humphreys Company
Euclid Avenue
Theodore M. Baker
Henry Barnes
H. Clark Ford
Albert D. Hatfield
Economy Gas Heating Company
Cincinnati
G. W. Fels
E. J. Fels
E. C. Fels
W. ¥. Than
Globe Publishing Company
W. FW. Lawrence
W. Lawrence
P. G. Williams
E. C. Muler
The
Theater Amusement Company
H. E. McMilin, Jr
W. Thorney
H. E. Parsons
E. A. Calkins
M. T. Shaffer
Hoover-Roush Company
Lima
Also Mentioned on This Page
W. E. Hutton & Co
Charles E. Bultman Company
George Eustis & Co
Mercantile Library
Vane Ee
Alton
Colorado Southern
Delaware & Hudson
Rock Island
Atree Dieillers
Republic Steel
States Steel
Western Union
Ticker
Prosperity Convention
H. M. Beazell
Business Men’s Club
J. H. C. Rose
George S. Read
Terre Haute
Ind
W. J. Zimmerman
Portland
J. J. Butte
Atlanta, Ga
Ralph Fisher
New York City
A. B. McCarthy
Minneville
Tennessee
Metals
WOOL
Peoria
Seeree
First National Bank
Erie cv
B.— Mo
Weeewe & T
St. L
Erie Gs
Amrived
Ax. City
R. Pac. Gen
IL. BR. Ct
Sawewe
Nor. Pac
UN. Pac
N. Y. City
Wwe Ss
U. W
Cy C
OB. Cass
Soc. Cc. & RL
Pac
Wabash Deb Cc. &R
Ewes Loih
Boston Mining
Mining
Cin. Gas & Electric
N.C. Ta T& Ti
Philip Carey Pref
Veland (O
Edison Elect
Panama
Philippine
Bid
Ask. Cin. Int. Ry
Sec
T.P
Col. & Xenia
Little Miami
Traction &Tocks
Ee Cin
Ham
Ohio Traction
O'ma & Cc
Solum
Scioto Valley
O.l.&t
Am. R. Mill
Globe Soap
Aergens
Bar
Smith
Do -Globe-Wer
Hous
Hin' Ey
Brownell
Hueb
Tol
Ch. Savey-H
Kroger Oaceld
C.s. Os
Nat
Cin & Ph. Carey Pr
S. T
Ph&fm
Cin. Mill
Proc. & Gam
Columbia Gas
Rob’n Realty
Col. Gas & F
Steptoe-Sh
Cuyahoga
Power
M. M
Wurlitzer
Fleisch
Atlas
Cent
Gerat
Merch
Western
Consol
J. J
Teehee
Nee
Eressee
M. N
Serene
Eeseee
M. Oe
Eente Tees Tewwnee Ae Water Works As
F. A
Southern Ry. Ter
Sweeee
W. Sie
Etbcitacaus
J. di
Gilbert W
Hunt St
W. E. Wa
Tewee
St. and Sewer
Hamilton County
Longview
Elizabethtown Bridge
Osha HI
Volvesines AB
Miami Bridge
Covington
A.T
Weter Worey Wen Pag Bar & Eae Cin. Edison
Traction
Akest
Railro
Ee Tene
Trust
Gly Hall Pas
First
Colum, Bank & Sav. Co
Norw. First
Nor. Nat
Nor. Sav
Prov
Se UN
Unity Law
Traction Ili
Ks— C.&c. Bag
N. CG Br
Miami & Ger
Dayton & M
Miami
Securitirg
Oak L
Ious Tex
Niles B.-P
C.C
Hall
Criss
Borden’s Milk
British Columbia_ Corper weer
Chicago Subway
Colonial
Sane Dominican
Wee Havana Tobacco
Otis Elevator
Sosatoeseas
United Copper Com
Coyper
Daly-West
Haven
Daly-Davis
Swataee
Essen
Sues Na Ivcks Cose Ccoesscueqois
Amuse Lee
Lesan
Ain
Txixea
C. J. Buddeke & Co
Union Trust Building
N. High
Tday
Seteeeeeeesans
Gott
Eueweee Seceseee
Seereeeeelnns
Sevegessee
Louisville Tobacco
Akron
National Park Bank
Financial Statement
Peck, Shaffer & Peck
Breed & Harrison
General Merchandise
Fruits and Vegetables
California
Navy
Japan
Molass N. O
Senet Ewewnee
Akron “Crescent
Cleveland Diamond
Saas
Ohio
Limburger
Eeeneteen Iiss
Aapeee Coal
Kanawha Stump
Ihe
Pnea Mess
Chicago Street Improvement
S. Kuhn & Sons
East Third ST
Arket
Cleveland, Ohio
the Central Trust and
Safe Deposit CO
East Fourth Street
Morrow County
Weil, Roth & Co
Central Trust Company of
Central Trust Company OF New York
J. N. Wallace
Baldwin
the Baldwin Company
W. 4Th St
London Board OF Trade