Wall Street Optimism Persists Amid Financing Boom
The day’s trading reflected continued speculative optimism driven by abundant bank reserves and low money rates. The Journal of Commerce notes April capital issues surged to 239.7 million, aided by the Pennsylvania bond sale, with expectations of further gains and a forecast that 1908 total may approach 1907 levels.
MENTIONED IN THIS ARTICLE
N York
Journal of Commerce
Pennsylvania
Union Pacific
France
Germany
London
Ontario and Western Holding Directed to Anthracite Supply
Bonds remained active and strong as the Ontario and Western holding directed delivery to the anthracite supply. Total sales on par value reached $6,364,000 with United States bonds unchanged on call.
MENTIONED IN THIS ARTICLE
Ontario & Western Holding
United States
TICKER TALK. Americans in London amid uneven freight activity
Irregular American presence in London noted as idle freight cars rise. Steel plate makers remain hopeful while market distrust grows. authorities say current manipulation shields any harm. Loan stock demand falters and banks report weaker than expected results.
Brokers bullish despite need for caution in prices
W. E. Hutton & Co. urges conservatism as stock advances outpace optimism. Page & Hill say outside public buys heavily, with chances to buy on dips. Beazell notes high stock figures and expects continued rise after a reaction. Bultman Co. sees strong buying and further gains. Roberts Hall Criss warns a near-term pullback is possible but big interests hold control.
MENTIONED IN THIS ARTICLE
Page & Hill
Treasury balances report May 11 1920 general fund figures
The Treasury's daily balance shows available cash of 248.8 million dollars, gold coin and bullion totaling 20.1 million, and gold certificates of 20.2 million, excluding the 150 million dollar gold reserve.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Cotton Seed Oil Price Report From New Orleans
May 11 New Orleans market note reports cotton seed oil prime at 43 cents per pound.
MENTIONED IN THIS ARTICLE
New Orleans
Bond market summary from New York sales report
W E Hutton & Co and First National Bank report extensive bond sales across railroads utilities and industrials. Notable entries include Erie 4s Pacific 4s Union Pacific 4s Chesapeake Western Maryland and Seaboard Air Line issues with varied yields and par values totaling about 265 000 in sales.
MENTIONED IN THIS ARTICLE
George Eustis & Co
Mercantile Library
Oren
H Low
Atlantic Coast Line
Canadian Pacific
Chicago
G. v. Obibewe & Alton
Colorado Southern
Delaware & Retro
Erie
N. & Web
Ontario & Western
Pennsylvania Oreeness
Rock Island
Southern Pacific
Southern Railroad
St. Paul
Texas Pacific
Union Pacific
Ama Copper
Am, Car & Fay
Republic Steel A
United States Steel
W. E. Hutton & Co
First National Bank
Erie cv. Is
the Pacific
Wesdas
H. ‘. H. Union Pacific
Eeewb
Pac
Ines Co. L
Col. Indus
N. Ae
N. H
Hee
West Maryland
Iowa Soos
Pitts
Vegas
Inec
St. L. S
W. Con
West E.,& M. Ev. M
Seaboard
Lumbermen's Club President Hosts Dinner at Business Men's Club
B F Dulweber the newly elected president entertained friends at a dinner last night. The Equitable Insurance Company board met yesterday and elected Frank J Jones president Louis E Miller vice president and Edward H Ernst secretary and treasurer.
MENTIONED IN THIS ARTICLE
B. F. Dulweber
Lumbermen’s Club
Business Men’s Club
The
Equitable Insurance Company
Frank J. Jones
Louis E. Miller
Edward H. Ernst
Whisky sale and dissolution of Jules Pinot Company
A collateral sale in the Chamber of Commerce sold fifty one barrels of whisky for twenty cents per gallon plus tax, belonging to Leon Bloch and bought by Max Fruhauf & Company. Jules Pinot Company stockholders met at Lincoln Inn Court to dissolve the corporation and surrender its charter after ceasing medicine manufacture.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
Leon Bloch
Max Fruhauf & Company
Jules Pinot Company
Lincoln Inn Court
Visitors Registered at Business Men's Club Meeting
Visitors registered yesterday at the Business Men's Club included F. Baldwin of New York City Roger F. Davis of Boston Mass Bernard Silberstein of Duluth Minn Robert Maruse of Duluth Minn C A Wehmeyer of Goshen Ind and F H Palmer of Elliott W Va.
MENTIONED IN THIS ARTICLE
Business Men's Club
F. Baldwin
New York City
Roger F. Davis
Boston
Mass
Bernard Silberstein
Robert Maruse
Duluth
Chamber appoints committee to draft memorial on Murphy death
Thomas P. Egan president of the Chamber of Commerce names a memorial committee to draft resolutions on the death of W. J. Murphy. Members include M. E. Ingalls C. B Wright William H. Alms Leopold Kiegbolte Thomas Morrison and D. B. Meacham.
MENTIONED IN THIS ARTICLE
Thomas P. Egan
Chamber of Commerce
W. J. Murphy
M. E. Ingalls
C. B Wright
William H. Alms
Leopold Kiegbolte
Thomas Morrison
D. B. Meacham
Carriage Makers Club to Hold Outdoor Banquet at Chester Park
The Carriage Makers' Club plans an out-of-door banquet at Chester Park Clubhouse on Thursday night. One hundred covers will be laid for a regular quarterly dinner featuring music and speeches as part of the season opening.
MENTIONED IN THIS ARTICLE
Carriage Makers’ Club
Chester Park
Cincinnati Stock Exchange Trustees Elected
The Cincinnati Stock Exchange yesterday elected trustees Edgar Friedlander E N Laralde Claude Ashbrook C M Thurnauer and Albert Dietrich Friedlander became President Ashbrook Vice President and Dietrich was named Secretary and Treasurer
MENTIONED IN THIS ARTICLE
Cincinnati Stock Exchange
Edgar Friedlander
E. N. Laralde
Claude Ashbrook
C. M. Thurnauer
Albert Dietrich
Railroad assessments fixed by county auditors session
The County Auditors met yesterday in Auditor Richardson's office and set railroad assessments. Items include P C Co St L Little Miami division main track per mile 14300 second track 5000 sidings 2500 rolling stock 2500 Xenia Richmond 2500 main line 12500 branches 8500 sidings 2500 second track 2500 rolling stock Xenia Springfield 1700 buildings 900 machinery 4410. Cincinnati Georgetown Portsmouth Railway main track 2000 sidings 350 rolling stock 750 machinery 50 power house 300 per mile of track.
MENTIONED IN THIS ARTICLE
Richardson
St. L
Little Miami
Xenia & Richmond
Xenia & Springfield
Cincinnati, Georgetown & Portsmouth Railway
Cincinnati Poised as Center of Freight Rate War
The city is expected to become the focal point of a railroad freight rate war with a protest meeting by shippers in Cincinnati to be scheduled after Illinois receivers and shippers meet in Chicago later this week. Shippers warn they will seek injunctive relief and antitrust suit under Sherman act if rates rise. E F Williamson, commissioner of the Receivers and Shippers Association, returns from Washington after attending the Peevy grain elevator case reopening.
MENTIONED IN THIS ARTICLE
Cincinnati
Central West
Illinois Receivers and Shippers
Chicago
Receivers and Shippers’ Association
Organization of Shippers
United States
E. F. Williamson
Washington
London and Paris Markets Mixed on May Day Trading
London reports moderate money demand and ample gold supply with Barclays and Indian news weighing gilt bonds. American securities lead on Wall Street, while coal and Canadian Pacific rise. Paris closes firm with 3 percent rente at 96f55c and Berlin shows a heavy tone with high discount rates.
MENTIONED IN THIS ARTICLE
London
Continent
Stock Exchange
Paris
Wall Street
Canadian Pacific
New York
Anaconda
Atchison
Baltimore & Ohio
Chesapeake & Ohio
Chicago
Pennsylvania
Rand Mines
Reading
Southern Railway
Southern Pacific
Union Pacific
United States Steel
Wabaeh
Amalgamated Copper
Exchange
Berlin
Money and Bond Markets Across Cities May 11
New York money on call eases to 1 percent with a 1 1/2 to 2 percent range for short terms and stiff sterling exchange around 487 for demand bills. Government bonds steady while railroad bonds show strength. Boston markets list diverse bond prices and equities including United States Steel at 37 with pref 102 and Edison Electric at 214 asked.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Sterling Exchange Firm
Boston
Atchison Adj
Aoe
Atchison
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
Mexican Central
Union Pacific
American Urge
American Sugar
American Tel
American Wooden
Dominion Iron and Steel
Edison Electric Illuminating
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machine
Unted States Steel
Turpentine and Rosin Prices Across Markets May 11
Reports from Charleston Savannah and other ports show turpentine firm or quiet by grade with varied rosin prices. Cargoes and receipts listed for OIL CITY Toledo Wilmington and related lines, including window glass and water white values.
MENTIONED IN THIS ARTICLE
Charleston
Oil City
Savannah
Toledo
North Lima
South Lima
Indiana
Wilmington
Coffee futures steady after mixed overseas signals
New York May 11 coffee futures opened unchanged to up 10 points on higher French cables and light Brazilian receipts. Demand scattered with trade support, Europe selling, and some realizing. close finished 5 to 6 points net higher. May 6.15 to 6.20 cents, July 6.20 to 6.23, September 6.20 to 6.35, December 6.25, March 6.25. Rio No 7 65-16c, Santos No 4 8% to 9% al 2% al.
MENTIONED IN THIS ARTICLE
New York
Europe
Rio
Santos No
Mila
Cordova
Ifa
Oklahoma
New Orleans
Houston
Gulf
Liverpool
Peeeaese
Tamaly Sissies
Sats
Municipal Demand Drives Bond Activity in Cincinnati Market
Municipal bonds dominated trading with Water Works and School 4s lifting while Street and Sewer issues drew demand. Cincinnati Gas and Electric and Newport & Covington Light trades posted limited activity as the stock market stayed quiet with call loans at 4 percent and discounts at 5 percent. New York exchange held a premium.
MENTIONED IN THIS ARTICLE
Water Works
Hamilton County
Springfield
Cleveland
Cincinnati Edison Electric
Cincinnati, Newport & Covington Light and Traction
Cincinnati Gas and Electric
Procter & Gamble Common
New York Exchange
Morning Call
T. Pfd
Cin
Gas and Electric
Procter & Gamble Com
Gadison
Hum. Co
Consol. S. F
J. J
A. O
Goresdeies
Taoge Sk Iidbcaedyverew
Gilbert OW
Ais
Een Cestains
Engesau Strees
Hunt St
Seenere
Sinking Fund
M N
Southern Ry
F. A
M. N
Elizabethtown Bridge
Longview
Benson Street Bridge
Tases “Ie
Big Miami Bridge
Covington
As.a
Newport
Cotton Market Mixed in New York and New Orleans Trading
July contracts led gains on a volatile day with strong demand from shorts and a late rally on Oklahoma tornado reports. Prices held near highs as New Orleans and Liverpool futures moved higher, with spot markets firm and weekly receipts and sales detailed across ports.
London Tin Market Edges Up Amid Mixed London Copper Moves
The London tin market showed a moderate advance with spot at £138 7s 6d and futures at £137 17s while copper rose 7s 6d in London. Local markets remained quiet with copper around $30.50 to $31 and lead bids steady near $4.22 to $4.27. Spelter fell in London to £20 but stayed quiet locally. Iron markets rose in England and foundry prices held firm in the U S. Lead and spelter in St Louis traded at $4.10 and $4.50 respectively.
MENTIONED IN THIS ARTICLE
New York
London
Standard Foundry
Cleveland
Northern
Southern
Southern Soft
St.louis
Boston Mining Market Report From Boston May 11
The report lists diverse mining shares with varied values including North Butte 5944, Butte Coalition 22, Calumet and Hecla 657, Osceola 85, Quincy 82, Trinity 13, Wolverine 132, Michigan 10, United Copper 6, and Nevada 115 among others, reflecting broad activity in the sector.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Allouez
Amalgamated
Atlantic
Bingham
Calumet
Hecla
Centennial
Copper Range
Daly West
Franklin
Granby
Isle Royale
Mass
Michigan
Mohawk
Old Dominion
Osceola
Parrot
Quincy
Shannon
Tamarack
Trinity
United Copper
United States Mining
Utah
Victoria
Winona
Wolverine
North Butte
Butte Coalition
Nevada
Arizona
Arizona Commercial
Greene Cananea
Fall Carpet Prices Decline 7 Percent From Last Season
In New York on May 11 the dry goods market saw higher inquiry for cotton goods and steady raw silk demand. Prices for ginghams were revised and an auction sale of wash goods announced. New fall carpet prices are 7 percent below last season’s levels.
MENTIONED IN THIS ARTICLE
New York
Wool Market Report From St Louis May 11
Wool prices steady in St Louis with medium grades for combing and clothing at listed levels. light fine Wool 4 bale price. heavy fine 9 bale. tubwashed 15 to 25 cents.
MENTIONED IN THIS ARTICLE
ST. Louts
Markets in Cincinnati May 11 1908 Wheat Corn and more
The Cincinnati market report for May 11 1908 shows quiet wheat mixed notes with corn shelled steady and ear corn higher supplies. Oats mixed and white oats soft, rye firm, flour quiet, hay active and steady, whisky firm. Detailed price ranges and recent sales for grain, hay, malt, and feed accompany receipts and shipments across multiple items.
MENTIONED IN THIS ARTICLE
Cincinnati
Fruit and Vegetable Prices Listing
A historic price list shows apples per barrel and other fruits with varied units. It includes asparagus, bananas, beets, carrots, cabbage, cucumbers, lemons, oranges, onions, potatoes, new potatoes, strawberries, string beans, squash, and tomatoes with per unit or per crate prices. General merchandise items and miscellaneous notes appear for hens, navy beans, and other goods.
MENTIONED IN THIS ARTICLE
Messina
Palérmo
Florida
Thug Gandacehees Wings and Tails Note
Fragmentary list mentions wings tails skirts shorts and points with various quantities and colors. No clear event or persons established.
MENTIONED IN THIS ARTICLE
Thug Gandacehees
Record Shoeworld Leather Sale Signals Market Bottom
A St. Louis shoe manufacturer purchased one million dollars of sole leather and another equal amount of upper stock. The deal, negotiated by a New York representative, includes 75 000 scoured oak backs and 100 000 hemlock sides, plus $1,000,000 in calf skins and side upper stock from Wisconsin tanners. Pending prices, sellers pleased with terms.
MENTIONED IN THIS ARTICLE
St. Louis
Big Sole Leather Corporation
New York
Wisconsin Tanners
Milwaukee
Fond du Lac
Mining Prices Reported in New York May 11
New York mining prices list several stocks with values in dollars and fractions. Adams Con .05 Alice 2.06 Brunswick Con .05 Comstock Tunnel .37 Cal and Va .88 Horn Silver .75 Iron Silver 1.00 Leadville Con .05 Ontario 4.80 Ophir 2.70 Potosi .12 Sierra Nevada 38 Small Hopes 18 Standard 1.65.
MENTIONED IN THIS ARTICLE
New York
Adams Con
Alice
Brunswick
Comstock Tunnel
Con
Cal
Leadville
Little Chief
Ontario
Potosi
Savage
Sierra Nevada
Standard
Visible grain supply figures from New York May 9
The visible supply of grain on Saturday May 9 reported by the New York Produce Exchange shows Wheat 23,046,000 bushels down 2,272,000. Corn 4,368,000 down 648,000. Oats 9,245,000 down 741,000. Rye 309,000 down 29,000. Barley 2,042,000 down 204,000 bushels.
MENTIONED IN THIS ARTICLE
New York
New York Produce Exchange
Clover Seed Prices Listed for October and December
SEELs Toledo reports Clover seed futures in May with October and December contracts at 7.50 per bushel.
MENTIONED IN THIS ARTICLE
Toledo
Also Mentioned on This Page
Clearing House
Bank of England
American Railway Association
Chesapeake& Ohio
Norfolk & Western
New Haven
Ticker
H. M. Beazell
Charles E. Bultman Company
Treasury Statement
Total
New York exchange @c
Cece Bee Aol
Panama
Philippine
Glasgow
Saas
PGI
Sas
Bid
Ask
SMP
Buss
Bidhdeet Dmeaeantines
Sterling
Escicsis
Ask. Cin
Col. & Xenia
Ham
St. Ry
Colum. Ry
Col. Ry. & L
Int
Industry Co D. & Trees
Ohio Traction
O’ma & C. Do
Rys. & L
Scioto Valley
Cin. Edison
Columbia Gas
Fay &Egan
Col
Pa. Bridge
Cin. & Ham
Ee Ae
C.N. & C.lsts
D.lst
Railero
Bank Am. Nat
Bright
City Hall
Cosmopolitan
Bullock
Fay&Eg. Com
B.-P
Do Pr.a.&b
Tefe. C
Cop Ind. St. Ry
Tetras Shillito Co
Niles T.w.pr
Am. R. Mill
Globe Soap
Jergens
Globe-Wer
Bar. & Smith
Hiney F
Hous
Stan
Casey-H
H. Carey Pr
Ph&fm
Mill
Sing & Gam
Robin Realty
Coos
Cuyabogs
G -U. Dol
Cacce &W. Spewell Pr
Foulds M. M
Wurlitzer
Fleisch’n Pr
Cincinn
Cri
Roberts
Hal
Borden’s Milk
Seevere
British Columbia Copper
Coalition
Colonia al Silver
Santak Opel
Havana Tobacco
Otis Elevator
A. P
Daly-West
C. J. Buddeke & Co
Union Trust Building
Nn Low
Padesbeeen Seed Gln
Een Eens
Eeeewenee
Seeweene Ee
Ces
Seeeeee
Aeeetene
Ween
Metals
Boston Mining
WOOL
Ohio Municipal
Cinete An Et la A
Vinnati Dongs
BOND
Atilas National Bank
Walnut Street
Postoffice
Chicago Street Improvement
S. Kuhn & Sons
East Third ST
D.s
Navy
Grace Coff
Santos
Japan
N. O
Ohio
Akron Crescen
Ian Peeeeweeneewee
Eceesoll
Selec Eesha
Bbl
Renee Eeeves
Eeeneee
California
Bushel
Columbus Gas and Fuel Company
Columbus Gas
Glaude Ashbrook
Omaha
Nebraska
Pee Spa
Western German Bank
12Th and
Vine Streets
S . Morrow Co
S. Paulding Co
Weil, Roth & Go
East Fourth ST
Baldwin Company
W. 4Th St
Cincinnati, New Orleans & Texas Pacific Railway Company
A. Telford
Delaine
NEW York Mining