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Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

May 15, 1908

Page

8

Business clubs plan outings and meetings in Cincinnati

Traction men announce a Chester Park outing for June 25. The Business Men’s Club will charter a boat for June 11 and hold a Laughery Club outing. North Side Business Club meets May 18 at 8 in Cumminsville Knowton’s Corner. Creditors of Stately & Co. will meet tomorrow to arrange settlement. Will L. Finch of the Industrial Bureau prepares a Cincinnati booklet highlighting mercantile and residential appeal.

Traction Chester Park Business Men’s Club Laughery Club North Side Business Club Knowton’s Corner Cumminsville Stately & Co

Railroad Bonds and Securities Prices of the Era

The market report lists various railroad bonds and securities with prices and yields, including Big Four 4s, Dayton & Dayton & Ur 5s, Ky. Cent 4s, and Miami 5s, alongside bank and trust stocks such as Cit Nat Cov and Cosmopolitan. Industrials include American Book and Niles B pr, with notes on ex-dividend status and pref shares.

Rem Edsec Ham. & Lind Miami & Ger Bank ST Am Trust Cosmopolitan First N’l N’l Celum Bank & Law. Co Norw. First Nor. W Sec Rael L. & A Hagie Industrials Amer Oak L.pr Bullock Revere Oor R Niles B.-P Do Pr.a.&b Atc. T. Ardsaae GC. G. Te St. Ae . Do Pref iShillito Mt Niles T.W U. S. Lith Am. R Globe Soap Jergens Globe-Wer Bara Smith Casey H Ch. C. Paper Kroger A. F Carey Pr Columbia Ham. G W. Powell Foulds M. M Wurlitzer Fleisch Atlas A. O J. J Esses Oe M. N Weeewnweee Somshons Ry Weei - Water Works F. A Water Works Water Works Gilbert W

Stock Exchange Advance Driven by Professional Rotation

The New York Stock Exchange saw its largest turnover since mid last year as professionals and speculative leaders shifted holdings across sectors to sustain rising prices. London joined in buying, profits were high in the transcontinental group, and overall sentiment remained optimistic amid expectations of business revival and easing monetary pressures.

New York Stock Exchange Jorge London

Bank of England Rate Unchanged and Market Pulse

London markets run higher as general business improves with textile trade strength. Union Pacific holds cash, awaiting favorable market. Northern Pacific declares an extra dividend due June 10 ranging from ten to twenty five percent.

Northern Pacific

Stock market gains amid manipulation claims and new highs

Brokers say advances were aided by manipulation and rallies followed when selling pressure appeared. As manipulation resumed, prices recovered and the market posted many new high records on the list.

Toam H. M. Beazell

Market Rally at Peak Heavy Volume Across Metals Stocks

Trading stayed heavy with a strong market as metal stocks led gains. Copper demand remains steady domestically while foreign consumption shows some rise. Pacific coast business prospects brighten, urging investors to overlook panic and compare prices to 1906. A quarter of a million shares traded, signaling a sustained uptrend dependent on public participation.

Pacific Coast Southern Pacific Charles BE. Bultman Company Page & Hill

Financial market roundup from New York and Boston

May 14 reports show money on call easy at 1 percent in New York with varied time loan rates up to six months. Rates for government and railroad bonds mixed with several equities and industrials listed, including Am. Tel and Tel, General Electric, Do minion Iron and Steel, and United Shoe Mach. among others.

George Eustis &Co Mercantile Library Atlantic Co Canadian Pacific Chicago Erie Sedagra Central Konan - Do Missouri Pacific Erree New York Central Norfolk & Western Ils Northern Pacific Ontario & Weste Pennsylvania Rock Island Anne Southern Pacific Sakeee We T. Paul Texas Pacific Union Pacific Riel Sctinane Car and Fay Col. F Pr. Steel Car Co Republic Steel Il Ry Steel Springs Sugar Eeeeee Erry Steel Western Union New York Prime Mercantile Sterling Exchange Boston Atchison Boston & Albany Boston & Maine Fitchburg Mexican Central N. Y Am. Arge. Chemical Am. Pneu Am. Tel and Tel Am. Woolen Dominion Iron and Steel Edison Electric General Electric Massachusetts Electric Massachusetts Gas United Oe. Im United Shoe S. Steel

New York Bond Sales Summary and Prices Across Markets

A terse ledger of current bond quotations and issues. Listings include Japan concession and Mexican central government bonds, various U.S. city and railway securities, and declines in some values. Notable entries feature Cen Ga, Mex Cen, C and O, and Pennsylvanian issues with yields and denominations noted.

Receiver Appointed for Caveroc Company in New Orleans

The I. Trager Company distillers at 19 East Eighth Street had a receiver appointed yesterday in New Orleans for the Caveroc Company a wholesale liquor house there and a St Cincinnati firm claims over 2000.

I. Trager Company East Eighth Street New Orleans Caveroc Company St Cincinnati

Mechanical Construction Company incorporated in Columbus

The Mechanical Construction Company of Cincinnati was incorporated yesterday in Columbus for 50000 dollars. Incorporators are W. H. Jones Theodore W. Meader Clara Stannus Lipman Levy and David M. Levy. The firm will manufacture and sell a mechanical stoker.

The Mechanical Construction Company Cincinnati Columbus W. H. Jones Theodore W. Meader Clara Stannus Lipman Levy David M. Levy

Visitors Registered At The Business Men's Club Yesterday

A list shows attendees including C. A. Johnson, T. H. Dodge of Detroit. William Gray and W. A. Layton of St. Louis. C. G. Bryan of New York City. E. W. Hardin and K. H. Rabbe of Hamilton. C. B. Matthews of Chicago. and Joseph Feldman of Chillicothe.

Business Men’s Club C. A. Johnson T.H. Dodge Detroit Mich William Gray W. A. Layton St. Louis C. G. Bryan New York City E. W. Hardin K. H. Rabbe Hamilton Chicago Joseph Feldman Chillicothe

Secretary Williamson to represent association in Chicago meeting

E. E. Williamson of the Receivers and Shippers Association travels to Chicago to attend the Illinois Manufacturers Association meeting today. W. J. Eckman, currently in Chicago, will represent the Lumbermen's Club at the event.

E. E. Williamson Receivers and Shippers’ Association Chicago Illinois Manufacturers’ Association W. J. Eckman Lumbermen's Club

Cincinnati Methodist Book Concern Retention Effort Moves to Baltimore

Will L. Finch secretary of the Industrial Bureau travels to Baltimore to aid the Cincinnati Methodist delegation in keeping the Book Concern plant from moving to another city. The bureau vows no other city will be allowed to take the facility if action can prevent it.

Industrial Bureau Methodist Book Concern Cincinnati Will L. Finch Bureau Baltimore

Clarence Penn Joins Internal Revenue Staff in Newtown

Clarence Penn of Newtown becomes a deputy on the office staff of Internal Revenue Collector Bettmann. The vacancy follows Alex L. Parker’s resignation after ten years in the service to enter plumbing and steamfitting with J. J. Vogelpont. Parker’s bond desk role goes to C. E. Heimbach, with August Bendigs William Brinkman August Erke and Clifford Meloy promoted due to the change.

Clarence Penn Newtown Internal Revenue Bettmann Alex. L. Parker J. J. Vogelpont Parker Cc. E. Heimbach August Bendigs Willam Brinkman August Erke Clifford Meloy

Ohio congressmen back Miami and Erie Canal project endorsement

The Chamber of Commerce reports several Ohio congressmen replied to its resolution endorsing the canal project. Senator Charles Dick praised the measure and pledged to endorse it in the Senate. Others including Nicholas Longworth, John C Chaney, Henry Bannon and Samuel Dixon also favored the project.

Chamber of Commerce Ohio Miami and Erie Canal Charles Dick Senate Nicholas Longworth John C. Chaney Henry Bannon Samuel Dixon

Foreign Bourses Show Mixed Gains as Money Remains Cheap

London trading session ends steady with discounts quiet and copper shares led by Rio Tinto. Amalgamated and Anaconda gain on stronger American news while Bank of England policy keeps first class securities firm. Paris and Berlin bourses show firm prices with discounted rates easing slightly on short bills and long exchange rates steady.

London Stock Exchange Rio Tintos Amalgamated Anaconda Bank of England Harriman New York Atchison Central Norfolk & Western Ontario & Western Pennsylvania Reading Southern Railway Southern Pacific Union Pacific United States Steel Wabash Paris Exchange Berlin

London and New York metal markets mixed on May 14

London tin and copper edged higher while lead and spelter rose in London terms. Local New York trading stayed steady with copper and iron prices firming, and varied ranges for electrolytic copper and tin futures. Wool prices in St Louis remained steady across grades.

New York London Cleveland Standard Foundry Foundry Northern Southern ST. Louis

Superior wool sale in London bids brisk demand and active trade

A May 14 London wool auction sold 9 565 bales with strong competition. Buyers in home and foreign markets, including Americans, showed steady demand for first combings, greasies and fleeces. Notable lots included New South Wales Queensland Victoria and Punta Arenas offerings with varied prices across scoured and greasy grades.

ST. Louis London River Platte Punta Arenas New South Wales Queensland Victoria South Australia New Zealand Cape Off Good Hope Natal

Cotton goods market rises as silk ribbons sell well

In New York on May 14 a steadier primary market saw higher prices for brown cottons and some yarns. An auction of 13 000 cartons of silk ribbons was highly successful with broad high price distribution. Reductions in ginghams and finished cottons pushed prices to align with the wider declines.

New York

Ohio Railroad Commission Enjoined in Interstate Case

Judge Ju Evans issued a temporary restraining order blocking enforcement of the Ohio State Railroad Commission car service rules on railroads engaged in interstate commerce. The ruling leaves Ohio carriers in the same position as before the rules to regulate demurrage. Ohio railroads filed a petition seeking restraint from enforcing the demurrage rules on interstate shipments.

Columbus Ju Evans State Railroad Commission Ohio

Financial Markets Show Mixed Activity Across Cities

Bank clearings rise in Cincinnati to 4 196 850 with New York exchange premium 30c. Chicago and St Louis report strong bond markets and steady money rates. Cincinnati Gas and Electric stock strong while street railways hold firm. notable bond sales include Toledo 4s and Water Works 4s amid active trading.

Cincinnati New York Exchange Commercial Tribune Chicago Cincinnati Gas and Electric Little Miami Newport & Covington Light and Traction Toledo Cincinnati Edison Electric Union Light, Heat and Power Gas and Electric Cincinnati Street Cincinnati Street Ry Cin. & Sub. Telephone Edison Electric

Cotton market activity across New Orleans and New York

Cotton futures and spot prices fluctuated in New Orleans and New York with firm spots on 1900 bales and 450,000 bale estimated United States sales. Liverpool and New York reports noted storms and weather shifts impacting July and other months with May and June futures retreating later in the day.

New Orleans Liverpool New York Eres Ciee Shorts Wall Street Galveston Houston Gulf

Burley Market Sluggish as Buyers Reject Much Old Crop

Offerings were light and demand poor with common and bright trash dominating sales. Three warehouses reported mixed receipts with new tobacco selling up to 17.25 and old leaf up to 16.25 per hundred. Recap shows multiple lots at 9.05 to 17.25 across Farmers and Shippers, Buckeye, and Bodman warehouses.

Roberts, Hall & Criss New York Stock Exchange American Tobacco Borden’s British Columbia Butte Coalition Chicago Otis Elevator Tate United Copper A. P Oseenes Daly-West Taweee North Butte Trinity Eee Ne Consolidated Ooeespers Ices Ae Cananea Devi -Daly Seers Ely Buckeye Bodman’s

Coffee futures ease moderately in New York trade

Coffee futures opened steady to a small decline and finished with a net drop of 5 to 10 points. Section activity was light with 62,500 bags traded and May through March contracts quoted mostly within 6.15 to 6.25 cents per pound.

New York Rio No Santos No Cordova

Ohio Incorporations Filed in Secretary of State Office

The following articles of incorporation were filed in Columbus today: Jeffersonian Company publishers Cambridge $30 000 Independent Coal and Ice Company Toledo $10 000 Bay Shore Land Company Toledo $10 000 Bankers Preferred Life Association Cleveland life insurance on assessment plan incorporators Henry P Angel Co H Olds W L Rayl E K Haak Harry E King Berkey Arbor Ancient Order of Gleaners Berkey Lucas County for mutual protection of farmers secret fraternal insurance Young Shirt Company Cincinnati $5 000 D T Hackett George F Helfrich W H Cobb Jr Margaret Verdlais Mae Greene Median Construction Company Cincinnati $50 000 W H Jones Thomas W Meader Clara Stannus Lehman Levy David M Levy The Newspaper Investment Company Cincinnati reduction of capital from $100 000 to $30 000

Commercial Tribune Columbus Jeffersonian Company, Publishers Cambridge Independent Coal and Ice Company Toledo Bay Shore Land Company Bankers’ Preferred Life Association Cleveland Henry P. Angel H Olds W. L. Rayl E. K. Haak Harry E. King Berkey Arbor Ancient Order of Gleaners Berkey Lucas County Young Shirt Company Cincinnati D. T. Hackett George F. Helfrich W. H. Cobb, Jr Margaret Verdlais Mae Greene Median Construction Company W. H. Jones Thomas W. Meader Clara Stannus Lehman Levy David M. Levy The Newspaper Investment Company

New York Mining Prices Reported in May 14, 1910 Listing

New York mining prices published May 14 show Adams Con trading at .05 for Adams Con with various entries including Ontario at 5.00 and Ophir at 2.30. Other listed stocks include Comstock Tunnel .37 and Sierra Adams at -35 with several minor values for companies such as Brunswick Con and Iron Silver.

New York Adams Con Brunswick Comstock Tunnel Con. Cal Leadville Little Chief Ontario Potosi

Markets in Cincinnati May 14 1908

Minneapolis wheat and other grains show mixed tones with slight tension in prices. Receipts and sales include various wheat, corn, hay, flour and whisky figures, with multiple itemized readings and car shipments across the market.

Cincinnati Minneapolis Northern Whbeat

Fruit and commodity prices in the city market

A wide list of fruits and vegetables with per unit prices appears, including apples, asparagus, bananas, beets, carrots, cabbage, cucumbers, lemons, oranges, onions, potatoes, and more. The piece also reviews pig iron market trends, noting active inquiry, regional price differences, and rising steel demand alongside steady consumption and occasional price volatility.

Barney & Smith Car Company Dividend and Meeting Notice

The Barney and Smith Car Company of Dayton Ohio declares a 2 percent preferred stock dividend payable June 1 1908. Checks will be mailed from New York. The annual stockholders meeting is set for June 2 1908 in Dayton. Transfer books for both preferred and common stock close May 13 1908 and reopen June 3 1908. Secretary and Treasurer J F Kiefardr.

Cincinnati, New Orleans & Texas Pacific Railway Company Cincinnati A. Telford Barney& Smith Car Company Dayton New York Ohio J. F. Kiefardr

French and British Bank Statements Show Shifts in Reserves

Paris and London weekly bank summaries detail declines in notes circulation and deposits at the Bank of France. In Paris gold in hand surges while silver also rises, with other factors falling. London reports falls in total reserve and circulation alongside trims in bullion and securities, yet public deposits rise and the reserve ratio edges higher.

Paris Bank of France Treasury London Bank of England

Mining stock prices and bids in Boston market report

The report lists various mining and metal shares with bid prices and percentages for companies and regions. Notable entries include Calumet and Hecla at 660, United States Steel at 9, Arizona Cananea 9 percent, and Troy, Tamarack and Butte area stocks among others in a May market snapshot.

Boston Adventure Alléuez Amalgamated Atlantic Bingham Calumet Hecla Centennial Copper Range Daly West Franklin T Isle Royale Mining Michigan Mohawk Montana Coal and Coke Old Dominion Osceola Parrot Quincy Shawn Tamarack Trinity Unitea C United States Utah Victoria Winona Butte Mentician Neva Arizona Arizona Commercial Greene Cananea

Treasury balance report shows cash and gold holdings

Daily Treasury statement lists available cash balance of 243.52 million in the general fund excluding the 150 million gold reserve, plus 22.41 million in coin and bullion and 23.37 million in gold certificates.

TreaSury General Fund

Also Mentioned on This Page

Securities Western Maryland Rockefeller Ameri- Ribstein Ticker National Lead Company W. E. Hutter & Co W. E. Hutton & Co First National Bank Cen. Ga. Cn D. & Rio G Ga. 2d Inc Cen Mas Hengee C. Otis WN. Y City N. J T. c Q. Jt Penn Metals Ohio Commission State Railroad Board Logal Securities Cincinnati Gas and Electric and Street Railway Glasgow Os c Bs Eecbechesvece Sterling Ask Vesovidsenechia Bofom Cin. Int. Ry Col. & Xenta Ask C.,n T.P Ham C. L&t Ohio Tracts C. B Newport Bonds Water Works Bar. & Smith Edison Bid Ask Eee Eens E. Ae Panama Philippine Ue Ke Zie Hamilton County Elizabethtown Longview Ilkes Special F Isis Oaee OS Armory Caen Twee Ten Benson Street Bridge Jad Vnes Big Miami Bridge Covington C. J. Buddeke & Co Union Trust Building NEW York Mining Chicago Street Improvement S. Kuhn & Sons East Third ST Timothy Surat Messina Palermo Florida Rogers, Brown & CO Southern Coke Foundry Gray Forge Eee Ceese Lake Superior Esee Hanging Rock Jackson County Matthew Addy & CO South Java Sancaipanes Japan Peanut Ohio Een de Fancy Vonseencesel MIM Akron Crescent Cleveland Diamond Oits Butte Ie Creamery Tia Wee Sereeees Bos Bbs California Babe Rough and Com Dade Bonds Latonia Weil, Roth & Co the Baldwin Company 4Th St Boston Mining Treasury Statement
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