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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
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Globe
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Havana Tobacco
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Swan A
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Eee
Resich Tov
Paseory
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Panama
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Ham
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iMiami & Ger
Big
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Ehilitto Co
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C. J. Buddeke & Co
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the Baldwin Company
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