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Cincinnati Commercial Tribune in Cincinnati, Ohio

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This newspaper page contains 24 articles. Subscribers can read the full text of each article.

Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

May 22, 1908

Page

8

Wide Stock Fluctuations Stir Suspicions of Ruse

New York May 21 prices moved erratically with sharp advances and declines. Analysts suspected manipulation aimed at concealing operations. United States Steel remained nearly immobile as the market swung, Gould and Harriman interests showed strength, and dividend news influenced rail stocks. Bonds were irregular with total sales at 3,186,000 par.

New York United States Steel Gould Gould and Harriman Rockefellers

Market Rally Follows Heavy Start as Stocks Gain

Brokers note the market opened heavy and moved irregularly, with a later rally lifting active stocks to substantial gains. No news changed the position, and analysts say it’s a natural rally after recent sharp reactions.

Market ends week strong despite profit taking

In early trading there was some irregularity from profit taking but most leading stocks closed near the day’s high. Analysts expect the market to finish the week strong as major issues show resilience and potential for further gains.

Bears H. M. Beazell

Ticker Talk London firm % to % higher

Bank of England rate unchanged but likely to be lowered next week. Distinctly better demand in pig iron market. Total gold exports to date $30,855,000 with more expected. Distinct improvement in steel business. Atlantic Coast Line declares a semi annual dividend of 2 percent on its common stock.

Bank of England Ee Ee Atlantic Coast Line

Boston mining prices and securities summary

Boston May 21 Adventure 2 Allouez 28 percent Amalgamated 65 percent Atlantic 18 percent Bingham 75c Calumet and Hetla 675 Centennial 24 Copper Range 72 Daly West 10 Franklin 8 percent Granby $1 Isle Royale 20 Massachusetts Mining 8 Michigan 10 Mohawk 53 percent Montana Coal and Coke 50c Old Dominion 35 percent Osceola 88 Parrot 21 Quincy 85 Shannon 13 Tamarack 60 Trinity 13 United Copper 7 United States Mining 38 United States 6ld 24 Utah 41 Victoria 4 Wihona 5 Wolverine 134 North Butte 65 Butte Coal tion 23 Nevada 12 Calumet and Arizona 110 Arizona Commercial 18 Greene Cananea 95%

Boston Adventure Allouez Amalgamated Atlantic Bingham Calumet & Hetla Centennial Copper Range Daly West Franklin Granby 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 Utah Victoria Wihona Wolverine North Butte Butte Coalition Nevada Calumet Arizona Arizona Commercial Greene Cananea

New York Bond Sales Mixed Across Rail and Postal Issues

Bond market rundown shows varied trading across multiple issues led by U S bonds with mixed yields. Large blocks of Erie, Pa and Wabash securities appear with prices around 90 to 105, while regional lines and utilities show smaller lots and spread. Totals indicate a broad, activity-filled session with many issues quoted in percent values and minor fluctuations.

Nutmeg Cantaloupes Fetch 4 60 In Cincinnati Sale

The first crate of Florida nutmeg cantaloupes sold in Cincinnati yesterday for 4 60. Business visitors registered at the Ba Men's Club Saawaesy included Judge oe ple So Bend H A Greeit and H J Fuller. Charles M Hubbard to lecture on The City's Poor. Theodore J Giesler elected to fill vacancy at Central Trust. E A Sigson and B B Baldwin named assistants. Newsboys athletic program set for June 20 at League Park with Avondale versus Lockland. Kentucky steamer chartered June 11 for Laughery Island outing. Entry fee eight cents to support uniforms. Secretaries Association elected officers and toured Zoological Garden grounds.

Usiness Saawaesy Judge Oeple So Bend Ind H. A. Greeit Dianapolis H. J. Fuller Adelphia Business Men’s Club Newsboys League Park Avondale Lockland Kentucky Laughery Island

Markets mixed as banks curb supply and foreigners firm

May 21 reports steady discounts but cautious trade as joint stock banks called in supplies. London and Paris markets show firm holds with improved bank returns and foreigners buying on Paris demand. American securities rise in forenoon then slip. notable names include Baltimore & Ohio Union Pacific Southern Pacific and United States Steel with varied shifts. Bar silver steady at 2.411 per ounce and money rates around 1 to 1 1/2 percent.

London Stock Exchange Paris New York Baltimore & Ohio Union Pacific Southern Pacific Anaconda Atchison Canadian Pacific Chesapeake & Ohio Chicago Great Western Chicago Mil. & St. Paul de Beers Denver & Rio Grande Erie Grand Trunk Illinois Central Louisville & Nashville Missouri, Kansas & Texas New York Central Norfolk & Western Ontaria & Western Pennsylvania Rand Mines Reading Southern Railway United States Steel Wabash Amalgamated Copper Berlin Exchange

Money and Bond Market Reports from New York and Boston

New York money on call easy at 1 percent with the ruling rate 1 percent and various terms steady. sterling exchange firm with bankers' bills at 487.20 demand and 485.30 for sixty-day bills. Government bonds steady, railroad bonds uneven. Boston reports call loans 2 to 4 percent, time loans 3 to 4 percent. lists extensive bond and stock quotes including Atchison, Union Pacific, Boston Elevated, American and General Electric, U S Steel and United Fruit among others.

New York Prime Mercantile Paper Sterling Exchange Boston Atchison Adjustable Atchison Boston & Albany Boston & Maine Boston Elevated Fitchburg Mexican Central N. Y Union Pacific American Arge. Chemical American Sugar American Telegraph and Telephone American Woolen Dominion Iron & Steel Edison Electric General Electric Massachusetts Electric Massachusetts Gas United Fruit United Shoe U. S. Steel

Revenue collections show April 1908 receipts drop to 18.4 million

The May 21 report from Washington notes April 1908 internal revenue receipts totaled 18,396,179, down 2,643,627 from April 1907. Declines include spirits 2,381,276 tobacco 137,821 fermented liquors 84,780 and oleomargarine 26,842. For ten months of the current fiscal year no decrease compared to 1907.

Washington Internal Revenue

London tin decline and metal market reports

London tin prices fell with spot at £133 and futures at £131 17s 6d, while copper eased in London to spot £57 12s 6d and futures £58 7s. Lead weakened to £13 1s 3d in London, with US quotes around 4.22 to 4.27 dollars. Spelter eased to £20 in London, dull locally at 4.55 to 4.60, iron market firmer with Cleveland warrants steady and foundry grades around 16.25 to 17.0 dollars.

ST. Louis New York London Spot Bel Spot Lake Spelter Cleveland Northern Southern

Bank of France and Bank of England Weekly Statements

Paris report shows notes in circulation down 58 million f, treasury deposits up 382 million f, general deposits up 9.43 million f, gold in hand up 5.1 million f, silver up 3.75 million f, bills discounted down 56.35 million f, advances down 4.28 million f. London report records total reserve up 683 thousand pounds, circulation down 141 thousand, bullion up 542,010, other securities down 48 thousand, other deposits down 390 thousand, public deposits up 1.036 million, notes reserve up 588 thousand, government securities unchanged. reserve-to-liabilities ratio 61.22 percent, last week 61.12 percent.

Paris Bank of France Treasury London Bank of England

New York Mining Prices List May 21

A dated list from New York shows current mining prices for Adams Con .05 Alice 2.50 Breech .10 Brunswick Con .06 Comstock Tunnel .34 Con. Cal. and Va. .34 Horn Silver .50 Iron Silver 1.06 Leadville Con .05 Little Chief .05 Ontario 5.50 phil 2.55 Potosi .12 Sav age .35 Sierra Nevada .37 Small Hopes .18 Standard 1.85.

New York Adams Con Brunswick Comstock Tunnel Con. Cal Leadville Little Chief Ontario Phil Potosi Savage Sierra Nevada

Treasury balances report shows cash and gold figures

The Treasury balance statement lists available cash at 240.57 million dollars, gold coin and bullion at 13.65 million, and gold certificates at 28.70 million, excluding the 150 million dollar gold reserve.

Washington Treasury General Fund

Cincinnati and National Bank Stocks Hit Gains in Quiet Trading

In Cincinnati trading May 21 reports show Cincinnati Gas and Electric shares at 90 or higher with Street Railway and Cincinnati Light and Traction in demand. One sale of Fifth Third National Bank stock at 245 and strong municipal bonds noted. Money rates ease with 4 to 5 percent call and time loans. New York exchange steady with premiums around 25 to 30 cents.

Cincinnati Gas and Electric Cincinnati, Newport & Covington Light and Traction Pref Fifth Third National Bank Cincinnati Hunt Street Toledo (Co Union Light Hheat New York Exchange Gas and Electric T. Pr Toledo (O Union L Cincinnati School Hunt St

Financial Market Snapshot of Bonds and Stocks

A dense catalog of bonds and listed stocks including Columbia Gas, Dayton Electric, Hamilton and Lind, and complex traction bonds. The listing covers various issues with prices, yields, and exchange listings, noting railroads, banks, and utilities across multiple regions and market sectors.

Cotton Markets Steady Amid Weather and Wage Shifts

Cotton prices held steady with middling at 11 3 16 cents and spot values inching higher as New Orleans and Liverpool reports showed mixed demand. In New York trading the market rallied late after lower cables, with a firm close and notable gains in July and October contracts.

New Orleans Liverpool New England Ft. Worth Tex Mississippi Red River Scese Cevide Ierddcinccoone Avubust Aeindeed Sas Sun Edge Goede Ws Seseee Vocd Osene New York Wall Street Fall River Houston Do Gulf

Market for new crop weak as buyers stay away

Demand remained poor with scarce buyers and a softer market. Warehouses reported mixed bids across grades with prices noted for new and old crop twine and related goods, led by Globe Bodmann Buckeye and Farmers and Shippers firms.

Globe Buckeye Bodmann—ll

Louisville tobacco offers mixed Burley and dark lots

Special dispatch from Louisville reports sales of 145 hogsheads of tobacco with 74 Burley and 71 dark lots. Prices show a lower tendency with Kentucky Burley selling from 10. or 12. to 16. Louisville dark from 6 to 11.75, United Dark from 7 to 10, Main Street Burley from 8.70 to 11.50 and dark from 6.90 to 10, State Burley from 10.50 to 12. Numbered lots and prices indicate fair to good quality across the offerings.

Commercial Tribune Louisville Burley Kentucky United Main Street

Bucket shop bill signed by governor in New York

Governor Hughes signed a bill making operating a bucket shop in New York a felony. The action was reported from Albany on May 21.

Hughes Albany N. Y

Markets in Cincinnati May 21 1968

The Cincinnati market report shows light wheat offerings with No 1 Northern at 1 07. steady corn oats rye and flour with quiet trade. hay firm to higher. whisky firm. Sales include wheat No 2 red winter 2 01 and corn 74c.

Cincinnati Minneapolis Northern Corp

Fruit and Vegetable Prices in Local Market Report

Prices listed for apples to oranges and staples. Apples per barrel two eighty eight cents. asparagus seventy five cents per dozen. bananas 1.75 to 2.00 per bunch. cabbage 1.75 per crate. cucumbers 0.75 per dozen. lemons Messina 3.25 a box. Florida oranges 2.75 to 3.25 per box. onions various per barrel. potatoes 2.30 new. strawberries and string beans noted. squash red 1.25 per crate. tomatoes 2.25 to 2.50 per crate. Cottammon 444 48K.

Messina Palermo Florida Cotamon

Feathers and Poultry Goods Price List and Weights

A raw price list details live goose fresh and frozen duck offerings with color and weight notes. Includes merino and tambour lines, combing terms, percentages, and assorted feather products such as quills and turkey body parts with unit prices.

Navy Elaine Tal Delaine

Clover seed price notes for October and December

Toledo dispatch notes Clover seed futures with October at 7.55 and December at 54. Price listing appears in a brief market update from May 21.

Toledo

Also Mentioned on This Page

National Lead Missouri Pacific George Eustis & Co Mercantile OF Coin Tons Atchison Oa Sittena Osee Chicago G Chicago & Alton Eersteeres Wy Manhattan Northern Pacine Ontario & Western Rock Island Wack Southern R. RodeKee Ie St Paul Texas Pacific Union’ Pacific Ld Wisconsin Central Industrials Col. F Consolidated Gas People's Ween United Btates Steel Aeaweneeee Personeers Western Bee Page & Hill Charles E. Bultman Company W. E. Hutton & Co Ticker Roberts New Fond Stock Exchange Borden Ito British Columbia Masca Sscevesergeevereney Chicago Subway Ferne Eae Colonial Silver Sone Eeene Ae Dominion Copper Setae Eens Vana Tobacco Otis Oaenee Poyal A.P Daly-West Anne Twa Boston Mining W. EB. Hutton & Co First. National Bank Poe Soos N.Y. A Nom Ee Erie Pr Bation Pac. Pr Pa. cv W. Deb Interboro W. i MN. J St. L & IM Heh & G Teheee Bay North Fairmount Improvement Association Charles M. Hubbard Jateq Charities Theodore J. Géisler Central Trust and Safe Deposit Company Gazzam Gano E. A. Sigson B. B. Baldwin Secretaries’ Association Zoological Garden John M. Manley Henry Bentley C. Brent Woodall DB. E. Williamson F. Waltz Will L. Finch John W. Irvine Draper Revenue Collections NEW York Mining Treasury Statement Logal Industrial Commercial Tribe Laronum Panama Cincinnati Clearing House Glasgow Ask Cukos Cde Dehosateen The Ask. C.N.C T.P Ask Cin. Int. Ry Col. & Xenia Little Miami Cin. & Ham Cn&c. Latts Lohio Traction St. Ry Colum, RE T. B.G Col. Ry T. Rys Scioto Valley Industria R. Mill Jergens Globe-Wer Bar. & Smith Hiney F Bo” Hous Stan Casey-H Kroger Sa C. Cif ALF Cm. G Phv Carey Pr Ph&fm Proc Gam Columbia Ca Rob’n Realty Col. Gas & F Ham Powell Foulds M. M. Wurlitzer Fletsch Globe Soap Ist Bank Eee Aes Ger Cincinn Consol J. JJ A. O J. J F. A M. N Southern Ry Southern Ry. Ter Water Works J. D Vestanese Nelm Gillert Ois Babes Cdontecccaacve Ue MBM Ramilton Covington F. A. Beis Aleta Ewrort Cera Central Trust and Safe Deposit Co Brown Shipley & Co East 4Th St Vauts Walnut St Ohio Columbia Gas Fay &Egan Col.Gas Pa. Bridge U.L.H Tractio Dayton Lind Int Sona Southern Ohio Rae Tre Railro Miami & Ger Big Four G.r.&f.w City Hall Cosmopolitan Trust First N’l,Coy Colum. Bank & Law. Co Norw. First Nor Aewat C&s C. Br Ci. Eire MN Dayton & M Day, & Ur Miami G. C.pr St Ry Shittico Co U. S. Lith C. J. Buddeke & Co Union Trust Bruary Sane New Louisville Tobacco German National Bank Covington, Ky JAS Ernst George EB Engel Cashier Hamilton Vice Press H. P. Colville Bond Department ATILAS_ NATIONAL BANK Chicago Street Improvement S. Kuhn & Sons East Third ST Halas Do Tim’y Tim'y Thealdwin Fianc the Baldwin Company W. 4Th St Latonia Weil, Roth & Go East Fourth ST Wurlitzer Rene RN Akron Crescent Limburger Coal Bre Crerses Bo N. Y Dr B’s Bushel Mancy Head Japan California
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