Contraction in Volume of Stock Market Business
New York May 26 The contraction in the volume of the stock market was the most notable fact. Trading faded after an early advance as sponsors refused to follow with new buying. Bonds from Chicago Burlington & Quincy aided the rise, with a large new issue framed at 95 percent, while Pennsylvanias sold around par. The market failed to renew the rise despite favorable bond movements.
MENTIONED IN THIS ARTICLE
New York
Chicago, Burlington & Quincy
Pennsylvania
Burlington
Union Pacific
Couny
Northern Pacific
Great Northern
London
London Stocks Show Weakness Amid Mixed Market
American shares in London trade weak at a percent below parity. Market activity dull with light loan demand. Burlington plans a 16 million dollar issue of 4 percent bonds. American Smelting near last year’s business level. Gold shipments totaling 2.85 million dollars are scheduled today.
MENTIONED IN THIS ARTICLE
London
Brokers Say Stocks Opened Weak Then Recovered Moderately
Stocks opened fractionally off then advanced and closed 1 to 3 points from the opening amid rumors currency legislation would fail. Trading showed irregularity but was below recent averages until near the end while prices recovered from a confused move and touched highs. Support stock activity noted for Monday.
MENTIONED IN THIS ARTICLE
Page & Hil
H. M. Beazell
Money on call easy and steady in New York markets
New York reports money on call at 1 percent with a steady ruling rate and dull time spans. Sterling exchange holds firm with bankers bills at 487.10 for demand and 485.25 for sixty day bills. Government bonds steady and railroad bonds irregular while Mexican dollars and bar silver quoted. Boston notes show varied call and time loan rates and a wide range of railway and industrial securities.
MENTIONED IN THIS ARTICLE
London
Berlin
New York
United States
Prime Mercantile
Sterling Exchange
Bankers
Boston
Atchison Adjustable
Atchison
Mexican Central
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
Union. Pacific
American Tel
Dominion Iron and Steel
Edison Electric Illuminating
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe
United States Steel
Cotton goods market activity and price revisions noted
New York reports ongoing cotton goods activity with revisions across wide sheetings and fall quills opened at 5 to 10 percent below prior values. Linings, yarns firming. 2,500 bales light-weight sheetings for China and 1,000 bales standard drills for India. Carpet trade improving. dress goods showing better movement.
MENTIONED IN THIS ARTICLE
New York
China
India
New York Bond Sales Report Totals Listed
Bond activity summarized with figures for Reading gen four percent notes 2000 Erie etc. Long list includes Ga 84 inc Mex lst inc and West. Union 4s. Data shows various issue percentages and totals of sales across multiple securities.
MENTIONED IN THIS ARTICLE
Erie cv
Lst Inc
W. Shore
West
Wie
August outing planned by Metal Trades Association
The Executive Committee of the Metal Trades Association met in the Business Men's Club to arrange for the annual August outing for employees of Cincinnati metal working plants. Visitors registered included E K Schaefer New York James R Duffin Louisville Charles Fath Cleveland B G Crintler W A Crintler Detroit W B Luther Buffalo J W Dinkle Chicago and M A Miller Milwaukee.
MENTIONED IN THIS ARTICLE
The
Metal Trades Association
Business Men’s Club
Cincinnati
E. K. Schaefer
New York
James R. Duffin
Louisville
Charles Fath
Cleveland, O
B. G. Crintler
W. A. Crintler
Detroit
Mich
W. B. Luther
Buffalo
N. Y
J. W. Dinkle
Chicago
M. A. Miller
Milwaukee
Wis
Chamber of Commerce
Egan
Seventh
Pittsburg
Ellison
Business Men's Club
Industrial Bureau
Longworth
Foreign Bourses Show Cheery Tone and Gains Across Markets
London trading opened with cheap money and rising gilt edged securities. Gains spread as Kaffir dispute settlements and crop weather news boosted Canadian Pacific and other majors. American issues eased then strengthened on Harriman support amid a dull close. Berlin and Paris bourses remained firm though trading subdued with stable discount rates.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Canadian Pacific
New York
Paris
Anaconda
Atchison
Chicago Great Western
Chicago
Milwaukee & St. Paul
de Beers
Denver & Rio Grande
United States Steel
Wabash
Berlin
Exchange
Idamay Coal Mine Opens in Kentucky with Big Hill backing
President A E Richards of the Louisville & Eastern Railroad reports from Louisville that the Idamay mine at the Louisville & Atlantic extension terminal is open. Daily coal output begins with at least 100 000 tons yearly expected, supplied by experienced Pittsburgh miners. The project includes a built town, streets, yards, and a river bridge at Heidelberg.
MENTIONED IN THIS ARTICLE
A. E. Richards
Louisville & Eastern Railroad
Harry P. Jones
Big Hill Coal Company
Idamay
Louisville & Atlantic
Louisville
Pittsburg
Kentucky
Heidelberg
Chicago Burlington and Quincy Bond Issue Oversubscribed
Subscriptions to the 16 million dollar Chicago Burlington and Quincy Railway bonds closed at J P Morgan and Co. Oversubscription was reported as several times over. The 4 percent bonds run fifty years and were issued at 95 for the buyer plus interest.
MENTIONED IN THIS ARTICLE
New York
Chicago, Burlington & Quincy Railway Company
J. P. Morgan & Co
Municipal Tractions and Printing Stocks Shown Active
Trading shows Cincinnati Newport and Covington Light and Traction and United States Printing leading activity. Municipal bond offerings were varied with strong prices, while street railway and gas shares moved on light to firm demand amid quiet overall market.
MENTIONED IN THIS ARTICLE
Cincinnati, Newport & Covington Light and Traction
United States Printing
Cincinnati Gas and Electric
Hamilton
Nashville
Tenn
Greenville
N. C
Toledo
Cleveland (Co
Union Light, Heat and Power
New York Exchange
Visible Grain Supply Report From New York Exchange
New York May 26 visible grain supply for May 23 shows wheat 24,072,000 bushels down 2,415,000. corn 3,638,000 down 537,000. oats 7,709,000 down 538,000. rye 520,000 down 43,000. barley 1,617,000 down 133,000.
MENTIONED IN THIS ARTICLE
New York
New York Produce Exchange
Louisville Tobacco Offerings May 27
Tobacco prices in Louisville show 55 hhds offered dark including 25 hhds old crop sold at 6.40 to 7.40 dollars per hundredweight. United Dark offers 30 hhds at 6.80 to 11.65 dollars.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Louisville
United
Y C. J. Buddeke & Co
Union Trust
Mon Pen
Hgh
May
Cess
Cotton seed oil prices in New Orleans trade
NEW ORLEANS May 26 Cotton seed oil prime 4c per pound reported in market news with price note showing a four cent level.
MENTIONED IN THIS ARTICLE
New Orleans
Traction and railroad stock listings from market page
The page lists bonds and stocks across transportation and utilities including Cincinnati and Hamilton traction 110 and 106 notes, Columbus gas issues 90 to 100, Dayton Ist 5s 100, Det Elect 105, and rail and streetcar shares such as Miami & Erie 106, Covington & Cincinnati 4s 90s, with unlisted bank stocks and various industrials like Amer Oak and Niles B P around 100 to 150. It covers ex-dividends and prices for multiple equities across enterprises from utilities to railroads.
MENTIONED IN THIS ARTICLE
Globe Soap
Globe-Wer
Ham
Ma. Tool
Ey F
Stan
Hueb
Tol
Tobe
Kroger
Nat. A. F. A
Ph. Carey Pr
Ph&fm
Rob’n Realty
Steptoe-Sh
Tetlag
Aonee Igo
Powell Pr
Wurlitzer
Dopyer
Consol
J. J
Sis
A. O
Reeccoenfee
F. A
M. N
Southern Ry
Bonde
Southern Ry. Ter
J. D
F. A. Gilbert W
Hung St. W
Hamilton County
Elizabethtown Bridge
Longview
Armory
Benson Street Bridge
Big Miami Bridge
Covington
U.S
Dayton
Southern
Ohio
Ham. & Lind
Miami
E. Ee
R&fw
Am. Nat
E Cin. Trust
City Hall
Cosmopolitan
Ee First N’l
N’l
Celum. Bank & Law. Co
de Norw.First
Nor. Nat
C.&s.edg
Br. Os
Am.Oak L
Amer. Type
Bullock
Fay&Ex. Com
Niles B.P
Niles T.W
Amer
Shillito Co
New Orleans Cotton Market Mixed Amid Weather and Reports
Cotton prices were steady for spot with middling around 11%c and sales of 1 70 bales on the spot plus 100 bales to arrive. Futures opened steady then declined as weather forecasts and a favorable weekly report triggered early losses, later recovering modestly at the close with active months down 22 to 32 points. Reports from Liverpool and New York noted softer near positions and uneven activity in a volatile market.
MENTIONED IN THIS ARTICLE
New Orleans
DGB
Cevee Ences
Coopet
Liverpool
New York
Weather Bureau
Houston
Ohio Incorporations Reported in Columbus May 26
Secretary of State lists new articles of association across Ohio. Firms include Pennsylvania Oil and Supply in Cincinnati with $10,000, Ravenna Monumental in Ravenna, Massillon City Coal in Massillon, Globe Register in Cincinnati, Somerset Oil and Gas in Somerset, and others. Name changes include Parsons Cross Lumber to Myers Parsons Lumber, Wrinkle Lake Paint to Columbus Painters' Supply, Akron Pneumatic Tire to O Neil Tire and Protector, plus a capital increase for People's Building and Loan in Massillon from 2 to 5 million.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
Pennsylvania Oil and Supply Company
Cincinnati
P. T. B. Hauck
Robert B. Poage
William T. Harvey
Charles H. Winner
C. J. van Fleet
Ravenna Monumental Company
Ravenna
Massillon City Coal Company
Massillon
The
Globe Register Company
Fred L. Hoffman
R. A. le Blond
Cordelia O'Hearn
A. L. Bowling
August H. Bode
Somerset Oil and Gas Company
Somerset
Russellville Creamery Company
Russellville
Hazel Oil and Gas Company
Cambridge
Thurston Oil and Gas Company
Thurston
Parsons Cross Lumber Company
Cleveland
Myers- Parsons Lumber Company
Charles A. Nicola
A. L. Stone
Wrinkle-Lake Paint Company
Columbus Painters’ Supply Company
People’s Building and Loan Company
Akron Pneumatic Tire Company
Akron
O'Neil Tire and Protector Company
Bergholz Telephone Company
Bergholz
Treasury balance report shows available cash and gold assets
Washington May 26 statement of the Treasury balance in the general fund excludes the 150 million gold reserve. Available cash balance 237,166,257 dollars. Gold coin and bullion 14,483,567 dollars. Gold certificates 43,719,450 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Wheat Market Report from Cincinnati May 26 1908
Minneapolis Wheat No 1 Northern closed at 1.11 with a quiet wheat market. Corn and oats eased with lower demand while rye and flour held steady. Whisky firm as mills report various grain sales and deliveries across multiple grades and warehouse receipts.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Northern
Market Notes from New York Short Report
A terse New York market snippet lists several commodity and stock figures with prices and yields including Alice 2.25, Breece 0.10, Brunswick Con 0.8, Comstock Tunnel stock 0.37, Comstock Tunnel bonds 1.7 percent, Con. Cal. and Va. unspecified, Horn Silver 0.50, Tron Silver 1.00, Leadville Con 0.6, Ontario, OP Small Hopes 0.19, Standard 1.7, Yellow Jacket 0.70.
MENTIONED IN THIS ARTICLE
New York
Brunswick
Leadville
Ontario
Also Mentioned on This Page
Dusiness
W. E. Hutton & Co
W. R. Todd & Co
George Eustis & Co
Mercantile Library
Sookie
Atlantic Coast Line
R. Horror
Colorado
Southern Ata
Delaware & Hudson
Erie Com
Aes
Inois Central
Sreeveeseaceesesnoreces Loi
Manhattan Eeenewee Athens
Wee Iz
Missouri Pacific
Nnieseebes Isk
Distillers Securities
U General Electric
Republic Steel
Do Re
Wee Railway Steel Spr
Rts
Western Union
Seseer
Ticker
Roberts, Hall & Criss
New York Stock Exchange
American Tobacco
Borden’s
Butte Coalition
Chicago Subway
Havana Tobacco
Otis Elevator
United Copper
A. P
Peer Reer
Daly-West
North Butte
Trinity
Reir
Davis-Daly
Heath
Peoria
First National Bank
Total
Richardson
Dean
Delphos
Supreme Court
Hoffheimer
Union Central Life Insurance Company
Rogers, Brown & Co
Union Iron and Steel Company
Ironton, O
Republic,Iron and Steel Company
Tennesee Coal and Iron Company
Steel Company
Kentucky Coal Mines
Louisville Times
Morgan
Special Dispatch
ST. Louis
U. S. Printing
Morning Call
U. 8S
Gas
Elec
Cin
Street Railway
Procter & Ga
Blecom
Union Light
Halifax Cy
Street and Severa
Water Works
Hamilton Cy
Hamiltton
Nashville (Tenn
Panama
Philippines
Cincinnati Clearing House
Glasgow
Evesigeoes
Railroa
Ask
Ask. Cin
T.P
Col. & Xenia
Little Miami
Tractio
Industri
Am. R. Mill
Jergens
Casey-H
Ase
Tobacc
Columbia Gas
Col. Gas & F
Cuyahoga
Louisville Tobacco
Central Trust and Safe Deposit Co
Brown Shipley & Co
East 4Th St
Walnut St
Bar. & Smith
de Edison
Ham. Gas
Fay &Egan
Col.Gas
Pa. Bridge
Securities
Treasury Statement
German National Bank
Covington, Ky
New Cincinnati
Bond Department
ATLAS
Etionhl Bank
Walnut Street
Postoffice
Do City
VAILD
D.s
Fruits and Vegetables
Palermo
Florida
Akron Crescent
Michigan
Limburger
Bbi
Ema. D
Bree
Bushel
Santos
Java
Japan
N. O
Nashville, Tenn
Tennessee Supreme Court
Weil, Roth & Go
the Baldwin Company
W. 4Th St
City of
Ss. Kuhn &Sons
East Third Street
Steinway
NEW York Mining
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