Record Stock Prices for Year Bring Sharp Reaction
New York May 19 The stock market showed active trading with over a million shares early but finished with a disorderly close amid profit taking and short selling. Analysts note improved underlying conditions, especially in textiles, foodstuffs, and steel, while foreign buying aided advance. Bonds were irregular and total sales reached 5.084 million dollars in par value.
MENTIONED IN THIS ARTICLE
Wall Street
London
Stock Exchange
United States
Availability of Grain Supplies Declines Across Regions
Bradstreet's telegraphic briefing shows United States and Canada wheat down 2,089,000 bushels, Europe and Americas total down 5,189,000. Corn and oats also fall with Manitoba and Chicago elevators noting large decreases while Cleveland and Louisville report increases.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
United States
Rockies
Canada
Europe
Manitoba
Chicago
Port Huron
Milwaukee
Cleveland
Louisville
Ticker Talk Light demand for stocks in loan crowd
Light demand for stocks in the loan crowd notes small participation in the market. An analysis of currency parity shows Americans in London above parity, with a strong premium. Resumption of the common dividend at Federal Mining and Smelting appears likely as market activity continues. Gold shipments total 7.1 million dollars, lifting the year’s movement to 26.35 million dollars. Western Pacific underwriting is expected to be extended for one year from July. Industry outlook suggests the Steel conference will preserve current manufacturer price policy.
MENTIONED IN THIS ARTICLE
Western Pacific
What Brokers Say Market News Notes Profit-Taking and Revival
Stock markets opened strong but sold off with profit-taking, closing with a setback. Railroad stocks showing revival, no strong bear move expected. W. B. Hutton & Co notes cautious price rises before the presidential election. Roberts, Hall & Criss see continued accumulation and urge buying on dips with tight stops.
MENTIONED IN THIS ARTICLE
Page & His
Coffee futures open steady with firm close
The New York market shows coffee futures opening steady to up 10 points on higher French cables. Trading remains moderate with buyers dominant and prices closing 10 to 15 points higher. May to March contracts quoted between 6.10 and 6.20 cents. Spot prices steady with Rios at 76 cents and Santos around 48 to 49 cents.
MENTIONED IN THIS ARTICLE
New York
Rios
Santos
Cordova
Treasury balances update shows cash and gold totals
Treasury reports May 19 balances for the general fund excluding the gold reserve: available cash $243,932,053, gold coin and bullion $18,029,290, and gold certificates $24,029,880.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
New York Bond Sales Report Mixed Results Across Issues
W. E. Hutton and Co. at First National Bank Building list varied bond activity in New York. Tokyo Japanese 4s and Minor issues show differing yields while Erie and Missouri Pacific convertibles attract modest demand among investors.
MENTIONED IN THIS ARTICLE
W. EB. Hutton & Co
First National Bank
Bond sales partnership formed by A M Davies and C Bertrim
A M Davies and Charles Bertrim, former Rudolph Kleybolte & Co. salesmen, form a bond selling partnership with offices in the Mercantile Building. Also note Frank Wiborg’s Washington trip for the Prosperity League and plans to organize a Business Men's Club branch. Visitors to the club include Rost, Weeks, Damper, Jones, Muller, Rose, and Webbing. A Cincinnati to Columbus airline trolley is planned using the Cincinnati Milford Love land line, surveyed last October, routing via Blanchester Hillsboro to Columbus.
MENTIONED IN THIS ARTICLE
A. M. Davies
Charles Bertrim
Rudolph Kleybolte & Co
Mercantile
Frank Wiborg
Washington
The
Prosperity League
Manufacturers’ Club
Business Men's Club
Business Men’s Club
A. F. Rost
Richmond
Ind
William L. Weeks
Pittsburg
Joseph Damper
Cleveland, C
John B. Jones
Chicago
L. J. Muller
Milwaukee
Wis
J. E. Rose
Jeffersonville
H. C. Webbing
New York
Cincinnati
Columbus
Milford & Loveland
Blanchester
Hillsboro
Men Attend National Trade Conventions in Virginia and New York
Robert Wuest departed yesterday for the National Supply and Machinery Dealers' Association annual convention in Richmond Virginia. E H Hargrave, now in New York for the National Association of Manufacturers convention, plans to join him later this week.
MENTIONED IN THIS ARTICLE
Robert Wuest
National Supply and Machinery Dealers’ Association
Richmond
E. H. Hargrave
New York
National Association of Manufacturers
Conference delegates depart for Lake Mohonk gathering
Cc B Murray superintendent of the Chamber of Commerce and William Christie Herron of the Cincinnati Peace Society left yesterday for the Fourteenth Annual Conference of International Arbitration and Peace at Lake Mohonk New York. H T Atkins of the Business Men's Club and W P Rogers dean of the Cincinnati Law School will also attend.
MENTIONED IN THIS ARTICLE
Cc. B. Murray
Chamber of Commerce
William Christie Herron
Cincinnati Peace Society
Lake Mohonk
New York
H. T. Atkins
Business Men's Club
W. P. Rogers
Cincinnati Law School
Dayton and Western Railroad elects 1908 directors in Dayton
At a stock holders meeting in Dayton Ohio the Dayton and Western Railroad Company chose directors for 1908 led by Frank J. Jones B Cunningham William Worthington and Charles Taft. A separate Dayton and Michigan Railroad meeting also held in Dayton Ohio elected directors including John J. Emery Frank J. Jones Charles Taft S R Burton and Casimir L Werk.
MENTIONED IN THIS ARTICLE
Dayton & Western Railroad Company
Dayton
Frank J. Jones
B. &. Cunningham
William Worthington
Charles P. Taft
A. S. Frazer
Charles Kruse
D. W. Sutphin
Nathanial H. Davis
D. B. Gamble
M. M. White
S. R. Burton
Charles D. Jones
R. C. Barnard
Dayton & Michigan Railroad Company
Dayton, C
John J. Emery
Herbert Jenney
Robert Mecke
John Hw.hall
Charles, L. Burgoyne
Casimir L. Werk
C. L. Harrison
Foreign Bourses Rally Then Tumble as Markets Open
London traders report abundant money and easy discounts with a firm stock market. Diamond shares rise on De Beers talks while American securities rally on Wall Street buoyancy but finish easy after late realizations. Copper gains support but closes weaker. Amalgamated at 70. Paris and Berlin show strength on New York cues. Paris closes firm with three percent rente at 96f 8744c.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Ffirs
Paris
de Beers
Wall Street
Union Pacific
Southern Pacific
Erie
Canadian Pacific
New York
Harriman
Amalgamated
Anaconda
Atchison
Baltimore & Ohio
Chesapeake & Ohio
Chicago Great Western
Chicago
Milwaukee & St. Paul
Denver & Rio Grande
Grand Trunk
Illinois Central
Louisville & Nashville
Missouri, Kansas & Texas
New York Central
Norfolk & Western
Ontario & Western
Pennsylvania
Rand Mines
Reading
Southern Railway
United States Steel
Wabash
Berlin
Exchange On
Exchange of London
Money on Call and Bonds Move in Early New York and Boston
New York reports money on call at 1 percent with time loans up to 3 percent and sterling exchange steady. Government and railroad bonds show mixed, with spot rates for bills at 487.25 and 485.15, while Boston markets list varied bond prices and prominent industrials including American Telephone, General Electric, United States Steel, and United Fruit among others.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
Boston
Atchison Adj
Atchison
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
Mexican Central
N. Y
Union Pacific
American Arge. Chemical
American Sugar
American Telephone and Telegraph
American Woolen
Dominion Iron and Steel
Edison Electric Illuminating
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machinery
United States Steel
Butter Eggs Poultry Trends Across Markets
Kansas City reports fresh extras at 14c for eggs with firm markets, creamery butter at 15-17c and cheese at 6,089 pks with full cream exports. Chicago notes steady butter 12-16c, eggs 15-16c for firsts, and cheese easing with daisies 12-12.5c. Poultry markets show alive turkey and chicken prices steady to easy, with various per dozen brood prices listed.
MENTIONED IN THIS ARTICLE
Kansas City
New York
Chicago
Americas
Japan
Ohio
Michigan
Limburger
Mining stock quotes from Boston market report
A Boston market listing shows varied percentage changes and values for many mining and metal companies including United States Mining, International units, Calumet and Arizona, Nevada, Butte Coalition and Wolverine with mixed gains and declines across the session. Many entries present percentage figures alongside company names.
Louisville Tobacco Market Reports Mixed New Crop Prices
Special Dispatch to Commercial Tribune from Louisville Kentucky on May 19 notes light offerings of burley and dark tobacco. New burley sold 13 hhds at 1.25 to 14.42 dollars and dark at 6.50 to 11.75 dollars. United Dark House sold 35 hhds of new crop at 6 to 11.75.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Louisville
United Dark House
Louisville House
Cincinnati
East Buffalo
Pittsburg
H. Si
Louis
Chicago
Wght
Kansas City
Texas
Market precious metal futures list from New York
New York on May 19 reports assorted metal futures prices including Adams Con .05 Alice 2.25 Breece .10 Brunswick Con .08 Comstock Tunnel .37 Con. Cal and Va. .36 Horn Silver .75 Iron Silver 1.00 Leadville Con .05 Little Chief .06 alio 5.00 Ophir 2.90 Potosi .12 Savage Nevada .30 Small Hopes .18 with consolidated values across several mining stocks and commodities.
MENTIONED IN THIS ARTICLE
New York
Adams Con
Alice
Breece
Brunswick
Comstock Tunnel
Con. Cal
Leadville
Little Chief
Alio
Ophir
Potosi
Savage
Bond Market Quiet as Bank Stocks Demand Good Quotations
Trading 15 active and prices firm. Bank stocks show demand at good quotations. Money rates unchanged. Cincinnati May 19 bank clearings 3,703,750. New York exchange 25c premium. collateral loans 4% to 5%. Chicago May 19 clearings 42,209,453. balances 3,218,500. New York exchange 25c premium. loans 3% to 5%.
MENTIONED IN THIS ARTICLE
Cincinnati
New York Exchange
Commercial Tribune
Chicago
ST. Louis
Securities and Market Activity Across Cincinnati District
The report covers securities trading in Cincinnati with details on stocks bonds and rates. It notes clearings of 10.29 million dollars balances 817 thousand dollars and calls for money at 4 to 5 percent. Key moves include Third National Bank stock rising to 245 and Cincinnati Gas and Electric touching 90 in open market.
New Orleans and Liverpool Cotton Market Update May 19
Cotton prices steady with mixed futures as damp weather and weaker abroad weigh on sentiment. New Orleans and London reports show steady spot levels, widespread selling, and US port receipts totaling over 17 thousand bales for the day.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Monihen
MOOS
Cek Ak
Phe
Ingowomidop
Icc Cshon
Wool market mixed across cities with firm demand
Wool prices show firmers in London sales with merinos in demand and buyers from home traders and Americans for crossbreds. US and British markets vary by grade with New South Wales and Queensland offerings and Boston reporting weak local wool values and rising supplies.
MENTIONED IN THIS ARTICLE
ST. Louis
London
New South Wales
Queensland
Victoria
South Australia
West Australia
Tasmania
New Zealand
Cape of Good Hope
Natal
Boston
Ohio
Pennsylvania
Delaine
Kentucky
Indiana
Missouri
Texas
Oil markets report steady tones across regional ports
From May 19 reports in Oil City Wilmington Savannah Charleston and Toledo prices hold with modest variations. Turpentine firms in Savannah and Wilmington show gains or steadiness while rosin and crude turpentine move within narrow bands. Tanker receipts and shipments are listed for each port alongside window glass and water white prices.
MENTIONED IN THIS ARTICLE
Oil City
Wilmington
Savannah
Rosin
Charleston
Toledo
North
Lima
Indiana
Auction Sale Dominates New York Dry Goods Market
In New York on May 19 the dry goods market highlighted an auction sale of wash goods with satisfactory prices not matching original jobbing levels. New bleached sheetings set at 8 cents for Fruit of the Loom and prices shown as subject to change. Export trade remains fair and cotton yarn markets firm but not brisk as many buyers attend the auction.
MENTIONED IN THIS ARTICLE
New York
London metals mixed with firmer copper and quiet lead
Tin in London rose with spot £137 5s and futures £135 10s while locally quoted currencies showed mixed ranges. Copper climbed to London £59 spot with firm local prices around $12.75 to $13. Pecan and other alloys shifted in narrow bands. Lead stayed higher in London but quiet locally, while spelter held steady in both markets. Iron prices edged up in London with several foundry grades listed. St Louis reported lean silence at $4.10-$4.15 and $4.50 for spelter.
MENTIONED IN THIS ARTICLE
New York
London
Cleveland
Northern
Southern
ST. Louis
Spelter
Cotton seed oil price report from New Orleans
New Orleans reports cotton seed oil Prime at 43 cents per unit on May 19, reflecting current market rates.
MENTIONED IN THIS ARTICLE
New Orleans
Markets in Cincinnati May 19 1903 grain and whiskey prices
The Cincinnati market report shows active wheat demand with No 1 Northern at 1.07 and various grades of red winter around 1.00 to 1.02. Corn, oats, rye and flour held firmer bids. whiskey volumes stood at 656 barrels priced near 1.35 per gallon.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Northern
Fruits and vegetables and market prices in several cities
Prices for apples, asparagus, bananas, beets, carrots, cabbage, cucumbers, lemons, oranges, onions, potatoes, strawberries, string beans, squash, tomatoes and various meats listed. Includes market readings from Pittsburg, St. Louis, Chicago, Kansas City and New York with cattle, hogs, sheep and calves prices and receipts.
Whisky and seed prices listed in Peoria and Toledo markets
In Peoria on May 19 whisky sold at 1.35 per unit. Toledo market reports clover seed with October delivery at 7.55 and December at 7.45. Prices reflect market brief notes on commodity values.
MENTIONED IN THIS ARTICLE
Peoria
Toledo
Ohio Incorporations Filed with Secretary of State May 19
A list of Ohio articles of incorporation filed in Columbus includes The Miami Building Company Toledo $50000 Dutch and Irish Club Company Dayton social The Henry Ofland Gas Company Steubenville $50000 The Lincoln Lyceum Bureau Company Toledo $14000 The McArthur Tribune Company Mc Arthur publishers $4000 The Billow Sons Company Akron $25000 The Third Baptist Church of Toledo The Davis Clutch Company Cleveland $15000 George O Grall George A Berg Oliver W Filkins Frank B Higgie and James A Davis The Palace Amusement Company Cincinnati $5000 by Frank A Reilly Amelia G Reilly Charles M Knowles Phillip G Burkhardt Jessie L Burkhardt The Terrace Park Amusement Company Cincinnati entertainments $10000 by Howard Ferris Malcolm Mc Avoy John G Robinson Thomas Joba and Frank W Kelly Columbus Delaware Marion Electric Railway capital increased from $2100000 to $3000000 The Union Steel Screw Company Cleveland capital reduced from $1000000 to $10000
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
Miami Building Company
Toledo
Dutch and Irish Club Company
Dayton
Social
Henry Ofland
Gas Company
Steubenville
Lincoln Lyceum Bureau Company
McArthur Tribune Company
McArthur, Publishers
Billow Sons Company
Akron
Third Baptist Church of
Davis Clutch Company
Cleveland
George O. Grall
George A. Berg
Oliver W. Filkins
Frank B. Higgie
James A. Davis
Palace Amusement Company
Cincinnati
Frank A. Reilly
Amelia G. Reilly
Charles M. Knowles
Phillip G. Burkhardt
Jessie L. Burkhardt
Terrace’ Park Amusement Company
Howard Ferris
Malcolm McAvoy
John G. Robinson
Thomas Joba
Frank W. Kelly
Columbus, Delaware & Marion Electric Railway
Union Steel Screw Company
County to sue railroad over bridge fire and jail tax vote
County Commissioners voted to sue the Pennsylvania Railroad for damages from the Little Miami River bridge burn. They also noted law requiring voter approval for tax levies over fifteen thousand dollars for a new county jail. The board set hillside avenue appropriation at sixteen thousand sixty five dollars and sixty three cents.
MENTIONED IN THIS ARTICLE
Pennsylvania Railroad Company
Little Miami River
Miamiville
Camp Dennison
Hillside Avenue
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Mercantile Quarters
Adi
Mercantile Paper
Charles E. Bust
H. M. Beazell
George Eustis Ars Sener
Ieer
Serene Lhov
Cee
Delaware & Eee
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Centra
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Missouri Pacific
Ohio & Western
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Eee
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Car & Fdy
Wee Ernee
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Rae Steel
Western Union
Oberts, Hart & Criss
Newbend Stock Exchange
Tobacco
Vekrae Borden's
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Butte Coalition
Chi Subway
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Dominion Copper - Gol
Haevanna Iene
North Butte
Davis-Daly
Ccscccos
Ticker
W. BE. Hutton & Co
Roberts, Hall & Criss
Treasury Statement
Bklyn
U. E
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Miami
Securities
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Morning Call
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Cin
Philip Carey
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Foulds M. M
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Elizabethtown Bridge
Seererr
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Covington Bond
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Weather Bureau Weekly
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Germany
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Mercantile Library
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the Baldwin Company
W. 4Th St
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East Third Street