This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 21 articles. Subscribers can read the full text of each article.
Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
May 09, 1908
Page
10
New York stock market shows broad rise driven by Union Pacific and Reading with bonds gaining traction. Bond issuance rumors for Union Pacific. investors await terms and potential foreign demand amid a cautious market.
Visitors listed include Wagins Chicago F T Bailey Springfield C Me C B Paine Augusta Me E D Hayes J M Jeffries Springfield Ind Max Jefferson Lexington Ky J S Cass New York City and C J Shortign Columbus O The club formed a subcommittee to study calling stocks on Change and will report next Tuesday The board elected new members including A T Hazen W E DeLaney J L Brewry R A Powell C M Carter Maurice Rheinstrom W K Ballentyne E Nelson High M Cooper Procter W N Fry A S Sommer Charles M Paul E T Egan Dwight Marfield Henry Freiberg Thomas W Jones F A Hiller L A Stabler Also B M Thomas US Internal Revenue Agent and Amor Smith Jr Customs Collector met in the city after twenty nine years.
American shares in London trade weak with prices well below parity as the market shows a general sell off. General Electric reports a strong position to meet the prevailing downturn. Ontario and Western to declare a 2 percent dividend despite rumors. St Paul stockholders up 60 percent since September. Light demand from loan crowd noted.
New York mining quotes list Adams Cone at .05 and .10 for Adams Con. Alice shows 2.25 and .10, Brunswick Con. at .08, Comstock Tunnel at .37, Cal and Va at .38, Iron Silver at 4.00, Leadville Con. .05, Little Chief .05, Ontario at 4.75, Ophir 250, Potest .12, Savage .25, Sierra Nevada .25, Small Hopes .18, Standard 1.60.
Market remains strong and active with few sales as brokers expect continued improvement. Analysts cited expected Union Pacific news and favorable developments, Reading seen as a day’s feature, and professionals unable to liquidate despite poor crop prospects.
New York on May 8 reports increased interest from converters and bleachers in nearby contracts and affordable spot goods. Yarns see broader inquiry with firmer, though irregular, prices. Raw wool markets remain quiet and easy, while overall tone improves.
Bond sales reported in May show varied issues from multiple issuers. Figures include dozens of 4s and 5s with total sales around 7.947 million, listed by banks and financial houses in a dense ledger style.
London markets opened with abundant money and easy discounts as the budget had little impact. American securities steadied near parity before late declines, while Canadian Pacific and Grand Trunk led gains. Paris and Berlin showed firm to heavy tones with varying exchange rates and discount levels.
Money on call easy at 1 to 1 1/2 percent with closing bids at 1 1/2, time loans firmer. Sterling exchange steady, government and railroad bonds mixed. Boston shares and bonds list Atchison, Union Pacific, Mexican Central and major utilities with varied bids and asks across railroad, industrials, and telecommunication stocks.
Metal prices moved lower in London and weak locally across copper lead and tin. Copper eased to around £56 15s spot with futures near £57 10s, tin closed lower in London at £138 spot and £137 10s futures, lead slipped in London to £12 17s 6d while holding $4.20–$4.25 locally, spelter steady, and iron quotations largely unchanged with Northern and Southern foundries near $16.5–$18.0.
Market notes from Oil City Toledo Savannah Charleston Wilmington with prices for oil turpentine and rosin. Includes credit balances runs shipments and closing ranges across regions and grades.
In Toledo on May 8 Clover seed prices for October and December are 7.57 percent and 7.52 percent respectively. Timothy prime is not quoted.
The Ladies Tailoring Company of Cincinnati with 25000 stock to manufacture and sell ladies garments led by Hoffheimer family. Donald Oil and Gas Company of Fremont with 50000 stock. The Number Eight Coal Company of Columbus with 250000 stock. Mutual Gas and Oil Company of Pleasantville with 10000 stock. Toilet Supply Soap Company of Cincinnati with 20000 stock. Benevolent Twenty-one Club of Dayton to promote friendship and health. Pittsburg Belmont Coal Company details incomplete with capital changes.
The dull trading day shows scarce Cincinnati and regional deals with few bids for Toledo Railways and Light. Bond activity stays steady with Street and Sewer issues strong and New York exchange at premiums, while money flows in slightly above borrowing demand.
A historical market listing showing various unlisted stocks and bonds with prices and dividends. It includes entries for Brighten Ger.tib Cin, Cosmopolitan, First N'l Cov, Norw. First, Nor. Nat., Colum. Bank & Say. Co, Traction Stocks, Am. Book, Am.Oak Types, Hoover-O-R, Niles B.-P. and related notes.
Cotton prices were firmer on spot sales in New Orleans with 1,800 bales traded and a later market pullback in futures. London and New York reports noted volatility, with American middling around 10.5 cents and futures ranging from modest declines to gains before settling steady as weather expectations remained favorable for the belt.
Special dispatch reports light tobacco offerings in Louisville on May 8 with 30 hogsheads sold 13 Burley and 17 dark. Dark sales 16 hogsheads new crop at 6.50. People's sold 5 hogsheads new Burley at 10.25 to 14. Prices expected to rise next week as outlook remains favorable.
On May 8 the general fund balance excluding the gold reserve shows available cash of 250,018,694 dollars, gold coin and bullion at 17,013,905 dollars, and gold certificates totaling 21,979,600 dollars.
The report covers Wheat Corn Oats Rye Flours Hay Whisky and assorted commodities in Cincinnati on May 8 1908. It notes quiet wheat receipts firmer corn and rye with well sustained oats demand light and a fairly active flour market and an easier undertone in hay. Reported sale prices list various grades of wheat corn oats flour hay and dozen other items with quantities.
Apples per barrel two twenty three to three. Bananas choice to fancy one seventy five to two per bunch. seconds seventy five cents to one. Beets fifty to sixty cents per dozen. Carrots one fifty per barrel. Cabbage new one seventy five per crate. Lemons Messina three to three twenty five per box. Palermo five cents three twenty five. Oranges Florida two seventy five to three twenty five per box. Onions home grown one eighty one twenty five per bush. Potatoes two ninety to three per barrel. New potatoes five fifty to eight per barrel. Strawberries two to two seventy five per crate. Squash red one twenty five per crate. Tomatoes choice two twenty five to two fifty per crate.
ST Louis notes steady wool by grade with minor gains in fine sorts but overall market remains sluggish. Boston reports no improvement as government surveys indicate continued difficulty and falling values. Shipments to May 7 total 49 million pounds versus 103 million year ago, with inclusive receipts 45.6 million pounds versus 84.4 million. London lists small sales of Hope and Natal sheep skins amid limited offerings.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.