Upward Trend of Stock Prices Produces Strain
New York May 15 Today's stock market shows the strain of a prolonged price move with higher levels enticing selling holders to realize profits. Rumors on politics and railroad relations fueled confidence while some bets hinted at bank weakness from government deposits and gold exports. Foreign trade fell, with imports dropping more than exports, and gold movement fed expectations of further declines in bank reserves.
MENTIONED IN THIS ARTICLE
New York
Berlin
Paris
Germany
International Mercantile Exchanges
Union Pacific
Chesapeake & Ohio
Baltimore & Ohio
United States
Ticker Talk Leads Include London Parity and Policy
Americans in London show steadiness and parity while the Vreeland currency bill passes the House. Major steel firms plan a price agreement and Union Pacific forecasts earnings above 14 percent on common stock this year. Coal road counsel provides evidence to test the Hepburn commodity clause.
Market tone shifts from firm to sell off then recovery
Brokers report a firm early tone in stocks that fades on weak support and profit taking. Gains recur before the close as prices recover. The era sees a balance between prosperity and panic with improving conditions and profits anticipated from purchases during recessions.
MENTIONED IN THIS ARTICLE
Page & Hill
Charley E. Bultman
Market closes strong with aggressive buying seen
In the final hour supporting orders appeared and aggressive buying across the room. The market closed robustly with multiple issues reaching session highs.
MENTIONED IN THIS ARTICLE
H. M. Beazell
Foreign Bourses Show Mixed Tone Amid New Issues
London markets end the day with firmer discounts but dull finish as funds stay ample. U S and Canadian securities swing from gains to weaknesses while European bourses Berlin and Paris move firmer then weak on New York cues.
Boston mining market closes with varied draws
Boston trading lists a mosaic of stock quotes on May 15 including Amalgamated 68, Calumet and Hecla 670, Copper Range 73, Daly West 9 in percent and money terms, with many other miners and oil firms showing modest gains and losses in a wide market summary.
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 Dominion
Parrot
Quincy
Shannon
Tamarack
Trinity
United Copper
United States Mining
United States Oil
Utah
Victoria
Winona
Wolverine
North Butte
Butte Coalition
Nevada
Plumet
Arizona
Arizona Comercial
Green Cananea
Osceola
Bond Sales Report from New York Banks and Railroads
The listing shows Hutton & Co. and First National Bank Building dealings with 88 percent bids, 5 000 and 9 percent notes for G B W B and Ss M bonds, plus 34s and 39 000 on Santa Fe and other lines. Details are fragmented but indicate varied bond issues and values across multiple entities.
MENTIONED IN THIS ARTICLE
W. EB. Hutton & Co
First National Bank
N. & W. Poca
Santa Fe
Sta
Pure Food Law Play Ethical Role in Business
Dr W H Wiley chief chemist of the U S Department of Agriculture will address the City Club at the Grand Hotel this afternoon on The Influence of the Pure Food Law on the Ethics of Business. Cincinnati Manufacturers' Club delegates attend the National Association of Manufacturers convention in New York next Monday.
MENTIONED IN THIS ARTICLE
W. H. Wiley
United States Department of Agriculture
City Club
Grand Hotel
eThomas P. Egan
Fred Geler
J. C. Hobart
Hargrave
Cincinnati
Manufacturers’ Club
National Association of Manufacturers
New York
Cincinnati fights to keep Methodist Book Concern
A Cincinnati businessman says lack of labor trouble strengthens the case to retain the Methodist Book Concern as a city institution. Will S. Finch of the Industrial Bureau and Cincinnati Methodists in Baltimore prepare the plea. Thomas P. Egan telegraphed support and formed a committee to travel to Baltimore if needed, including W. J. Breed, D. B. Meacham, Arthur O. Evans, and E. E. Shipley of the Business Men's Club.
MENTIONED IN THIS ARTICLE
Cincinnati
Chamber of Commerce
Will S. Finch
Industrial Bureau
Baltimore
Thomas P. Egan
Money on Call and Markets Reported in New York and Boston
New York and Boston market briefs show money on call at 1 percent, time loans steady higher, prime mercantile paper 3 to 4 percent. Sterling exchange weaker with bills around 487 and 485, government bonds strong, railroad bonds varied. Boston notes list numerous railroad and industrial issues with mixed prices and several expected quotable figures.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Sterling Exchange
Boston
Time Lpans
Atchison Adjustable
Atchison
Mexican Central
Boston & Albany
Boston & Maine
Fitchburg
N. Y
Union Pacific
American Tel
Dominion Iron and Steel
Edison Electric Illuminating
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe
United States Steel
Special Dispatch
Commercial Tribune
ST. Louis
New York Exchange
Turpentine and rosin market summary across cities
Savannah reports mixed turpentine and rosin activity with sales and receipts in the hundreds of barrels and prices quoted for grades A through M. Toledo posts Lima crude price notes. Wilmington shows steady spirits turpentine and rosin with modest receipts. Oil City cites credit balances and shipment figures. Charleston lists varied turpentine prices and window glass and water white rates.
MENTIONED IN THIS ARTICLE
Savannah
Toledo
North Lima
South Lima
Indiana
Wilmington
Oil City
Charleston
London tin up as New York market firms metals page reports
London tin closes £1 higher with spot £132 6s futures £134. Local copper eases slightly. London lead up but U.S. market quiet. Prices for Lake electrolytic and casting metals listed. iron prices fall in London and Cleveland warrants quoted. St Louis lead at $4.10 and spelter at $4.47.
MENTIONED IN THIS ARTICLE
New York
London
Cleveland
Southern
Southern Sgoft
ST. Louis
Coffee futures open steady then rally on demand
The New York coffee market opened steady with a slight decline on easy French cables and large Brazilian receipts, then rallied on buying from Wall Street interests and major trade houses. Closing prices were steady, with 38,500 bags sold including May 6.10 to 6.15, July 6.15, September 6.10 to 6.115, December 6.10 to 6.15, with spot barely steady and futures for Rio and Santos noted.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Rio
Santos
Cordova
New Orleans
Liverpool
Nance
G. O c
Houston
Gulf
Hester
Wash goods sale and market activity in New York
In New York on May 15 unusual interest builds for an upcoming sale of 7,000 cases of wash goods on Tuesday. The cotton goods market shows active trading with per yard advances on some fabrics. Cotton yarns are firmer and demand shows a slight uptick. Many important wash goods offerings are planned for next week.
MENTIONED IN THIS ARTICLE
New York
New York Mining Prices Reported May 15
New York mining list shows Adams Con .05, Ontario 5.00, Ophir 2.40, Brunswick Con .08, Comstock Tunnel .37, Iron Silver 1.00, Leadville Con .05, Ontario 5.00, Sierra Nevada .38, Standard 1.60, Potosi .12, Sav age .37, Small Hopes .18, Horn Silver .75, Alice 2.65, Cal and Va .39, Breece .10, Ophir 2.40, May 15 report details several active ores and prices.
MENTIONED IN THIS ARTICLE
New York
Adams
Alice
Brunswick
Comstock Tunnel
Con. Cal
Leadville
Little Chief
Ontario
Potosi
Savage
Sierra Nevada
Standard
Treasury balances show strong cash and gold holdings
Washington May 15 treasury balances in the general fund exclude the gold reserve show available cash of 245,100,259 dollars gold coin and bullion 17,836,847 dollars and gold certificates 25,771,950 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Cotton seed oil price in New Orleans
In New Orleans on May 15 the market reported cotton seed oil at a prime price of 43 cents per unit.
MENTIONED IN THIS ARTICLE
New Orleans
Market Report Shows Mixed Bond and Equity Activity Across Cities
Cincinnati Bank clearings rise to 3,965,050 with New York exchange premiums. Trading in Cincinnati Gas & Electric and Cincinnati Newport & Covington Light and Traction shows a bit of activity. Telephone stock steady. Bond market quiet. Water Works 4s and Street and Sewer 4s remain notable. New York exchange closes with a strong premium and list of local securities quoted with bids and asks.
MENTIONED IN THIS ARTICLE
Cincinnati
New York Exchange
Cincinnati Sinking Fund
Kentucky Central
Call
Gas & Elec
Callsi
Gas & Blec
Railroad Bonds and Unlisted Stocks in Southern Ohio Market
An itemized list shows railroad bonds from Dayton to Cincinnati and Detroit, with figures for unlisted bank stocks including Am Nat Bank, Covington Trust, and Cosmopolitan, plus listings for Triangle Street stocks and traction bonds. Notable entries include Do pref 9% and U S Lith pref 105, reflecting varied yields and market activity in the region.
MENTIONED IN THIS ARTICLE
M Ry
Scioto Valley
Nor.d.l.& T
Am. R. Mill
Brownell
Casey-H. Pr
G. Cin
S. Oe
Columbia Gas - Col
Ham
Foulds
Fleisch
Cent. Trust
Citizens
Cincinnati
J. J
A. O
Tis Mib
M. N
F. A
Water Works
Southern Ry. Ter
Gilbert. W
Hunt St
D. & T Crosst
Lom. & C
Coil
Dayton
Southern Ohio
Am. Nat
Cin
City Hall
First
N’l
Colum.Bank & Saw. Co
Norw
Va Nor
Ks— C
BO. Br
Bullock
Fay&Eg. Com
Niles B.P
Do Pr.a.&b
Gore Dan
G. C.F
Traction Bonds
lInd, St. Ry
Shillito Co
Niles T.W
U. S. Lith
Burley Tobacco Weekly Offerings Decline Amid Weaker Demand
The Burley market shows the week ending May 16 with 80 hhds offered, 7 rejected, and average prices for new at 12.41 per 100 lbs and old at 14.21. Compared to May 9, offerings dropped from 160 hhds, with 35 rejects, and new averages at 11.54 while old reached 15.25. Details outline distributions of new lots from 7.05 to 17.75 and old from 6.95 to 18.00, noting top prices for old and strong demand for old tobacco.
MENTIONED IN THIS ARTICLE
George Ostis & Co
Mercantile Library
Searer
Atlantic Coast
Colorado Southern
Delawre & Hudson
Missouri Pacific
Ontario & Western
New York Central
Aenee
St. Paul
Texas Pacific
Union Pacific
Car & Foundry
Locomotive
Éiva
People's Gas
Pacific Mail
Steel Springs
United States Steel
Do Ref
Western Union
Aque Cue
Wool markets across cities show dull demand and steady prices
In St Louis wool markets demand remains weak with middling combing and clothing at 15 to 16 cents and fine lines around 18 to 24, while Boston notes a quiet market with few buyers and no improvement expected. London reports active competition and higher prices for superior and crossbred wools, with strong home and continental demand.
MENTIONED IN THIS ARTICLE
ST. Louis
Boston
London
New South Wales
Markets in Cincinnati Report Strong Wheat and Corn Activity
Market notes show quiet wheat with firm oats and rye, and easier hay demand. Reported sales include No 2 red winter wheat at 1.00, No 3 yellow corn around 73c, and 80 tons of timothy hay at 13.50 dollars per ton, with various grain inspections and futures-like pricing across multiple lots and carloads.
MENTIONED IN THIS ARTICLE
Do City
Hay
Fruits and Vegetables Price List
Apples per barrel two thirty. asparagus one delivery price per dozen. bananas choice to fancy one seventy five to two dollars per bunch. seconds seven five to one dollar. beets fifty to sixty cents per dozen. carrots one dollar per bushel. cabbage new one and three tenths per crate. cucumbers two one half per dozen. lemons Messina three and a quarter to three and a quarter dollars per box Palermo five and a quarter. oranges Florida two seventy five to three and a quarter per box. onions home grown one eighty one and a quarter per bushel. potatoes two ninety to three per barrel. new potatoes five fifty to six per barrel. strawberries two to two seventy five per crate. string beans one twenty five to one fifty per ham per. squash red one twenty five per crate. tomatoes two twenty five to eight fifty per crate.
MENTIONED IN THIS ARTICLE
Messina
Palermo
Florida
Tobacco sales and prices in Louisville markets report
Louisville markets report tobacco sales on May 15 listing 49 Burley and 4 dark in a $4 hhde context. Farmers sold 25 hhds new dark at $7 to $10 with Main Street and Central districts showing Burley and dark lots ranging from $7.60 to $14.50, plus a few holds and varied grades.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Louisville
Burley
Main Street
Central
Also Mentioned on This Page
Roberts, Hall & Criss
W. E. Hutton & Co
Ticker
Vreeland
Stock Exchange Jis
Anaconda
Canadian Pacific
Chicago Great Western
Chicago
Milwaukee & St. Paul
Southern Pacific
Wabash
Amalgamated Copper
Exchange
Boston Mining
Business Men's Club
George Riggs
C. W. Morton
H. §. Pearson
Mass
W. 5. Taylor
Philadelphia
H. E. Chickering
F. J. Ensworth
Ranway
America
Railway Age
Railroad Gazette
Railroad Age Gazette
Hamilton County League of Building Associations
Messrs
Henry S. Rosenthal
H. F. Cellarius
G. Holt
Thomas L Pogue
J. D. Bunke
Hamilton County League
Ohio
Chester Park
Roberts, Hall & Crn
York Stock Exchange
American Tobacco
Ae Milk
Eveeedi
Eadewee
British ‘Columbia
Dominion Copper
Havana
Eeby Cadind
United Copper Com
A. P
Daly-West
NEW York Mining
Treasury Statement
Cincinnati Gas and Electric
Kentucky
Glasgow
Ooresee Ee
The
Stock Exchange
Ask
Ask. Cin. Int. Ry
T.P
Col. & Xenia
Little Miami
Globe-Wer
Hous
Stan
OFOE
Kroger A Vgees
Carey
Rob’n Realty
Steptoe-Sh
BOL Nes
W. Powell
Wurlitzer
Hamilton County Bonds
Elizabethtown
Longview
Sharsavge Sbeben Ss
Armory
Sesseseeees
Benson Street
Big Miami Bridge
Covington
Fu’ A
Newport Bonds
Bar. & Smith
Cin. Edison
Ham. Gas
Columbia Gas
Fay &Egans
Col
Pa. Bridge
Cin. & Ham
Int
C.N
D.lst
MN. O
Enee
Panama
Philippines
Eel
Cra&f.w
Cc. Ll. &N
Opsauris
Dasyton & M.e
Day
Miami
Securities
Fingster
POW Sc Dheesdt
C. J. Buddeke & Co
Union Trust Building
WOOL
Madisonville
Nelsonville
Cuyahoga Falls
Hamilton
Norwood
W. R. Todd & Company
Walnut St
German National Bank
Covington, Ky
JAS
C. Ernst
George 5B. Engel
Cashies
U. S. Hamilton
Vice Press
Milijon
Price
Bond Department
Minneapolis Wheat
Northern
Tim
D.s. Mts
Java
Akron Crescent
Antenne Ber
Omaha
Nebraska
Western German Bank
12Th and
Vine Streets
Baldwin
the Baldwin Company
W. 4Th St
Cincinnati, New Orleans & Texas Pacific Railway Company
A. Telford
Hamilton County
John Hieb
Floyd County
Frank P. Garrison
Atlas Bank
H. Guckenberger
Sudsine
Prime City
Seeneee
Limburger
Nut
Bbl
S. Cc
California
General Merchands
Aioe
Timothy
Glue
Alan
Louisville Tobacco
Peoria