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Cincinnati Commercial Tribune in Cincinnati, Ohio

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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

May 18, 1908

Page

8

Union Pacific Leads in Upward Stock Price Movement

New York May 16. Speculative measures to advance or defend stock prices resumed strongly. Union Pacific led gains on renewed optimism from statements by its chairman about favorable business prospects. The market saw broad strength with high activity in many issues despite profits taking.

New York Union Pacific Great Northern Board Berlin Tidewater Railway of Virginia

TICKER TALK Fifty protests against freight-rate rise

Fifty important commercial organizations have protested the advance in freight rates. Gold engaged for export totals 22 million dollars. United States Steel earnings since April 1 run just under seven million a month net. Dun's Review notes more prompt mercantile collections. Bradstreet's reports improvement in commercial and industrial affairs reflecting better financial opinion. Interborough Metropolitan expects to renew notes for 4.545 million dollars maturing May 27.

Bradstreet Pell Pal Interborough Metropolitan

Brokers Predict Bullish Breaks For Major Stocks

Analysts from W. E. Hutton & Co Roberts Hall Criss and others say the market remains aggressively strong with Union Pacific leading to new highs. They expect more gains on good breaks and note large uncovered short interest while profit-taking occurs in many issues.

Union Pacific Roberts, Hall & Criss Charles E. Bultman

Bank reserves dip in New York after panic

The Associated Banks of New York City report a six day period ending May 16 with a slight decrease in surplus reserves. They show a loss of 1,024,600 in holdings of specie and legal tenders though the overall condition remains cautiously improved after the panic last fall.

New York Associated Banks of New York City

Clearing House banks exceed reserve requirements in New York

The weekly statement shows reserves 64.6 million dollars above the 25 percent rule, up 723 thousand from prior counts. Loans total 1.201 billion, deposits 1.276 billion, circulation 57.2 million, and surplus 64.6 million with 29.88 percent actual reserve.

Treasury New York Stock Exchange New York Clearing House Greater New York Clearing House Stock Exchange New York United States

New York Bond Sales Report Compact totals and quotes

The report lists bond sales and bids from W. E. Hutton & Co and First National Bank, detailing prices and amounts for issues including Marine, Erie, Wabash, Northern Pacific, Western Maryland, and related rail and utility securities. Totals show mixed bids around 88 to 102 percent with multiple 1 000 and 5 000 lots. The summary reflects a busy market session with varied yields and long lists of 4s and 5s across several issuers.

George Eustis & Co Lébrery Railroa Ca Atchison Atlantic Coast Canadian Pacific Colorado Manhattan Missouri Ontario & Western Pennsylvania Southern Eeise R Texas Pacific Union Pacific Amer Car & F Anaconda Amer United States Western Union Ee Ees W. E. Hutton & Co First National Bank Lunding.) Co Mer Marine Erie G Wabash Istie Ae SIZ N. & W Pac Wels. & M. S. Deb N. Nor. Pac. Pr West Am. R. Millote Ee Smith Casey-H S. T Columbia Gas Foulds M. M Pleisch Bank Atlas Cincinnati Bonds Consol J. J Southern Ry Jonde Res Fla Gilbert F. A Hunt St. W Hamilton Elizabethtown Longview Big Mi Miami Covington S. F Rene Ee Font ART Water Works

Securities score good advances in bond market strength

Market notes show strong bond activity with New York exchange premiums, collateral loans near 4 to 5 percent, and liqudity tightness. Cincinnati and Chicago clears reported along with municipal issues 4s and water works bonds driving gains. call loans sit around 4 percent while time loans hold at 5 percent amid scarce New York exchange.

Cincinnati Ges and Electric Cincinnati, Newport & Covington Light and Traction Cincinnati Street Railway Telephone Stockiag Hunt Street Cleveland (O Springfield Union County Union Light, Heat and Power Cincinnati Edison Electric Cincinnati, Newport & Covington New York Exchange Banke

Traction Bond Sale Negotiations Near Completion

Industrial bond notices indicate Bar and Smith discuss Shandon B and N Bag about Columbia Gas financing. Col. Gas proposes a bond issue around nine thousand one hundred dollars with Bridge and related traction bond arrangements on the agenda.

Bar, & Smith Shandon N. Bag Columbia Gas

Unclear OCR financial tickers and entities list fragment

Fragmentary OCR text lists many company tickers and percentages such as Dust Col Ry, Miami, Cromtn, Big Four, Dayton, Ur tal, and Hoov O R. It reads like a damaged securities page with scattered percentages and abbreviations, lacking coherent narrative or identifiable event.

Cotton market trends across New Orleans Liverpool and New York

Cotton prices were steady to firm across New Orleans Liverpool and New York with firmer futures. Spot sales reached about 1 000 bales in New Orleans while Liverpool logged 12 060 bales with 10 800 American. New York closed 11 to 25 points higher as traders covered shorts on bullish outlooks and strong English spot demand.

New Orleans Liverpool New York The Bay Houston Eas Uplands Gulf

London Stocks Rally on Cheaper Money Boosts Week

The London Stock Exchange firmed as cheaper money around 1 percent lifted demand for consols and equities. Gains spread across sectors with strong performances in coal shares and foreign issues like DeBeers and Rio Tinto. Banks held steady as gold demand from the continent kept the three month rate at 2½ percent.

London The Stock Exchange Bank of England Paris Berlin DeBeers Rio Tinto Wall Street Chesapeake & Ohio Ontario & Western Bears Canada Canadian Pacific Grand Trunk England

Manchester Cloth Market Sees Cotton Rise Lift Quotations

The Manchester cloth market moved to higher quotations as cotton prices surged in the past week. Buyers held back on orders hoping for relief, while immediate needs spurred stronger turnover for shipments to India and China, with demand from the Near East and South America easing slightly. yarns advanced a farthing with improving overall demand, Egyptian and American yarns also rising.

Manchester India China Near Eastern South America

Boston Mining Market Report Highlights Values

Boston trading data lists numerous mining stocks with varied figures. Companies such as Amalgamated, United Copper, Nevada, Old Dominion, and North Butte show diverse percentage and dollar values amidst a broad market snapshot for May 16.

Boston Adventure Allouez Amalgamated Atlantic Bingham Calumet Heciia Centennial Copperange Daly-West Franklin S Isle Royale Massachusetts Mining Michigan Mohawk Montana Coal and Coke Old Dominion Osceola Parrot Quincy Shannon Tamarack Trinity United Copper United States Mining United States Oil Utah Victoria Winona Wolverine North Butte Butte Couttson Nevada Arizona Arizona Commercial Greene Cananea

New York Dry Goods Market Firm With Strong Yarn Demand

The dry goods market closed steady and firm with a large inquiry for cotton yarns. Men’s wear goods are in higher demand and many large wash goods sales are planned next week. Cotton goods rise in price and firmness while burlaps on contract ease. spot stocks remain firm. Linens soften in New York trading.

New York

Stock Market Prices Advance Fueled by Confidence

Prices of securities rose last week with growing volume and momentum. Skeptics in the professional trading class shifted to the long side, boosting market buoyancy as major capital groups and banks were seen backing the advance.

Gold imports stir Berlin as dollar gold moves abroad

Berlin reports surprise over New York arrangements to supply 3 million dollars in gold to Germany as exchange rates hinder profitable American gold imports. Berlin bankers question continued gold purchases while the Imperial Bank funds operations to move gold. Experts foresee a possible rate cut if conditions improve and a cautious Wall Street reaction.

Berlin New York Germany United States Paris German Imperial Bank Australia Bank of England Wall Street

Markets in Cincinnati May 16 1908

Wheat prices eased while corn and oats held steady amid light receipts in Cincinnati weekly market report. Wheat No 2 red winter ranged around 99 to 1.00 dollars. corn No 2 white about 75 to 76 cents. rye and flour saw mixed prices as cattle and whisky demand influenced trade. Fruit and vegetable prices listed including apples, bananas, potatoes, and tomatoes with varied per-basket and per-crate quotations.

Cincinnati Minneapolis Northern Do City Yeseca Petro T.m BO Star Cacdeseees Manila Upsetee Sigal Dounty Battin Railroa Railroa Tierce

Demand strong for cigar leaf tobacco at auction

Saturday sale saw broad demand and plentiful offerings of Spanish seed and Dutch classes. Prices ranged from 1 to 10.50 per 100 lbs with numerous lots at varied brackets including Seed 70 cases and Spanish 40 cases splitting into multiple price ranges.

Globe

Also Mentioned on This Page

Advance Ment Ticker United States Steel Dun Northern Pacific H. M. Beazell Page & Hill Associated Banks Statement Roberts, Fall & Cribers New Yorrk Stock Exchange American Tobacco British C Columbia Aube Butte Coalition Chicago Colonial Dominion Copper Havana Tobacco Greene Cananea Ae Davis Daly Swan A Cincinnati Gas and Electric Gag and Electric Cal Gas and Electric Gas Ask Eee Resich Tov Paseory Esas Ved Desay Ks Panama Philippines Eib's Ask. Cin Col. & Xenia Little Miami Cin Ham Cnac Ohio O'ma C. B. Colum Col. Ry. & L T. Rys Belote Do.l Globe Soap Globe-Wer Hinley F. R Stan Hueb Jv. Powell Wurlitzer Ph&fm Gam Industrial Bonde C. D Noro.l. & T iMiami & Ger Big Mt.gq-T. C Ehilitto Co Miles T.wepr Ree Unity Bay Traction Ren C Xn, T C. J. Buddeke & Co Union Trust Tees Nee Dene Eee Wens Eeeeteen Eee Preeee Eee Es London Stock Exchange Boston Mining German National Bank Covington, Ky JAS Bond Department Auilas National Bank Walnut Street Postoffice Messina Palermo Florida Bbs Sian California Drb N.Y Bushel General Merchandise Navy Turkey Young Hyson Steneen Tees Tee Santos Java Japan Limburger Dat Calcutta Ging Amoskeag 'Iendie Cordelia Weare Florence Loretta Cheviots— Exverett Ssscceeses Sccestervace Hampshire Susquehanna Queen of W. Oakland Norwood Great Falls Brighton L Great Western Chicora Exposition Fitchville Masonville Aurea Srirerans Utica Ascot Alabama Bedford Geneva Salvado Akron Crescent Dr. Styles Cleveland Columbia Simpson Baldwin St. Louis the Baldwin Company Steinway Piano Stain Weinct
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