Union Pacific Boosts Speculation Amid Earnings Showdown
In New York trading on Oct 2 professional room traders leaned on Union Pacific after its August net earnings rose 681,138 dollars versus last year while operating costs fell modestly. The report suggested sustained earning power and spurred a broader stock rally, despite a sluggish market overall and mixed responses to cotton and banking news.
MENTIONED IN THIS ARTICLE
Nw York
Harriman Pacific Railroads
Union Pacific
Ticker Talk London Prices Slip Copper Dividends Expected
London prices drift fractionally lower as copper earnings support dividend expectations but no hikes seen for at least six months. Western railways show September gains aided by grain movement. Frisco maturities all provided for a Ea Idle cars now only 8 percent of country's equipment. Norfolk & Western August results: gross 2,507,097 dollars, down 560,139. net 1,025,983 dollars, down 119,210.
MENTIONED IN THIS ARTICLE
Frisco
Norfolk & Western
Market gains driven by Union Pacific and Southern Pacific reports
Brokers note improved market with leading issues up several points. Union and Southern Pacific boosts help readings. August Union Pacific statement strengthens sentiment. Political headquarters reports cited by Hutton as key factor amid remarkable advance.
MENTIONED IN THIS ARTICLE
Union and
Southern Pacific
Reading
H. M. Beazell
Union Pacific
Market activity shows renewed strength and gains
In Union Pacific, the market firmed from late lethargy and closes with notable strength and higher activity. Some brokers advise taking profits on sharp bulges and anticipate further stock setbacks as replacements turn over, per Page & Hill.
MENTIONED IN THIS ARTICLE
Union Pacific
Roberts, Hall & Criss
Page & Hill
Market closes quiet on New York and European bourses
European and American markets ended the day with dull trading and slight recessions in the British section amid profit taking. Bond prices held, with $4,000,000 Pennsylvania bonds easily placed and discounts steady, while Paris Tokyo and Berlin sessions showed heavy opening then steadier closes.
MENTIONED IN THIS ARTICLE
London
Pennsylvania
Stock Exchange
Paris
New York
Anaconda
Atchison
Baltimore & Ohio
Canadian Pacific
Chesapeake & Ohio
Chicago
Union Pacific
United States Steel
Wabash
Amalgamated Copper
Berlin
Boston Mining Stocks Show Mixed Day Gains
Boston market report lists numerous mining and related shares with varied moves. Notable risers include United Copper 15% and Old Dominion 43% while many others posted modest gains or declines amid a broad market read.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Allouez
Amalgamated
Atlantic
Bingham
Calumet
Hecla
Centennial
Copper Range
Daly- West
Franklin
Granby
Isle Royale
Massachusetts Mining
Michigan
Mohawk
Montana Coal and Coke
Old Dominion
Osceola
Parrot
Uincy
Shannon
Tamarack
Trinity
United Copper
New York Bond Sales Mixed Totals Across U S Stocks
A long list of bond offerings and figures from A T T, Con Gas, N Y N H & O, U S Steel and others shows varied maturities and yields. The page reflects active trading with numerous entries including 4s, 6s, 5s and euro style notes, totaling about 639000 dollars.
Advisory Committee meeting draws national manufacturing reps
Manufacturers from across the country expected to attend the Metal Trades Association advisory committee meeting in this city on October 26. Local clubs organize bands and glee clubs with weekly rehearsals under R. E. Morrison. Ohio State Constitutional Amendment Association opens offices to educate voters. A club financing committee named by President Gibson includes Shives Weedon Culbertson and Gibson. Visitors register at the Business Men's Club from several states and cities. Fred Tuke to address a West End mass meeting on a Liberty Street viaduct demand. Montreal wins next League of American Municipalities convention despite efforts by Vice Mayor Galvin in Omaha.
MENTIONED IN THIS ARTICLE
The
Metal Trades Association
Fred Tuke
Taxpayers’ Association
West End
Liberty and
Freeman Avenue
Liberty Street
Cincinnati Convention League
Galvin
League of American Municipalities
Omaha
Montreal
Market Stagnation and Bond Activity Amid Election Interest
Trading in the local stock market was quiet with 27 shares changing hands and no quotation changes. Banks show steady clearings in Cincinnati Chicago and St Louis with New York exchange discounts and money demand remaining strong while rates stay easy. municipal and railroad bonds see some activity and premiums due to financing crop movement.
MENTIONED IN THIS ARTICLE
Toledo
New York Exchange
Cincinnati Delegates Named for State Charities Convention
Co. M Hubbard R A Longman J O White G A Burlingki Dr Louis Striker and James Aatson chosen to represent Cincinnati at the State Conventions of Charities and Corrections to be held in Sandusky next Tuesday. It is expected the organization will decide to meet in Cincinnati in 1909.
MENTIONED IN THIS ARTICLE
Co. M. Hubbard
R. A. Longman
J. O. White
G. A. Burlingki
Dr. Louis Striker
James Aatson
Cincinnati
Freibergs Return After London Accident Breaks Arm
J Walter Freiberg and wife came back from Europe yesterday. He injured his arm in London and doctors found a broken small bone. He attended his office yesterday. Market rates show sterling weaker with bankers' bills at 484.85 to 484.95 for sixty days and 486.20 for demand. Commercial bills 484% to 484%. Barker 51%. Mexican dollar 45%. Government and railroad bonds steady or firm.
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New York
Ask
Panama
London
Glasgow
Berlin
Paris
Kogeschv
Ask. Me
Stock Exchange
J. Walter Freiberg
Europe
Freiberg
Mr. Freiberg
Yesteday
Prime Mercantile
Sterling Exchange
Barker
Interstate Commerce Commissioner to visit for hearing in Richmond
An ICC member will arrive October 28 to hear railway rate and regulation complaints filed by local businesses. The hearing conductor is not yet named. Meanwhile the Business Men's Club plans to join Richmond Indiana's Manufacturers Day parade next Wednesday with about 150 members and Smittie's band set to provide music.
MENTIONED IN THIS ARTICLE
Interstate Commerce Commission
City
Richmond
Ind
Smittie
Financial Market Update From New York and Boston
Money on call steady at 1% to 1 1/2 percent with ruling rate at 1%. Time loans dull. sixty days 2 1/4 to 2 1/2 percent, ninety days 3 percent, six months 3 1/2 percent. Bonds and railroad stocks show modest activity with prices cited for Atchison, Mexican Central, Boston lines, Union Pacific, and major industrials including American Telephone, General Electric, United States Steel, and Edison Electric.
MENTIONED IN THIS ARTICLE
New York
Boston
Atchison
Mexican Central
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
N. Y
Union Pacific
American Telephone and Telegraph
American Woolen
Dominion Iron and Steel
Edison Electric
General Electric
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe
United States Steel
Metals market summary from London and U S cities
The London tin market rose slightly with spot at £134 5s and futures £135 15s while copper fell to £59 12s 6d spot and £60 7s for futures. Local prices in New York and St Louis show mixed readings for lead, speier, iron, and slag metals with dull, unchanged, or easy markets and several dollar ranges cited.
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New York
London
Speiler
Standard Foundry
Cleveland
Northern
Southern
Southern Soft
ST. Louis
Butter Eggs and Cheese Market Reports across Cities
Market notes show eggs firm in Kansas City with fresh extras at 22 cents and current receipts at 18.5 cents. Chicago reports butter steady with creameries 20 to 26 cents and eggs at 22 cents for firsts. New York lists butter firm with strong receipts and cheese firm, while poultry prices hold with live turkeys at 18 cents and chickens at 12 to 13 cents.
MENTIONED IN THIS ARTICLE
Kansas City
Chicago
Springs
New York
Pennsylvania
New York Mining Prices and Offers Listed
New York market round up shows prices and offers for several mining stocks including Alice at 8.50, Ontario at 4.50, Ophir at 1.909, Standard at 1.75, and multiple others such as Brunswick, Comstock Tunnel, Leadville, and Mexican with various quoted figures.
MENTIONED IN THIS ARTICLE
New York
Brunswick Con
Comstock
Con
Cal
Leadville
Ontario
German Imperial Bank Statement Shows Mixed Changes
Berlin October 2 The weekly statement of the Imperial Bank of Germany reports cash in hand down 137 416 000 marks loans up 96 664 000 marks discounts up 276 609 000 marks treasury bills up 60 441 000 marks notes in circulation up 430 379 000 marks deposits down 150 877 000 marks.
MENTIONED IN THIS ARTICLE
Imperial Bank of Germany
United States
Berlin
Dry goods market steadies with low prices in New York
In New York on October 2 the dry goods trade shows improved activity in convertibles and gray cottons at very low prices. Cotton yarns and the local wool market remain quiet while jobbing trade stays subdued.
MENTIONED IN THIS ARTICLE
New York
Treasury Balances Reported in General Fund
Washington October 2 treasury balances show available cash 179,628,612 dollars excluding 150 million gold reserve, with gold coin and bullion 35,808,121 dollars and gold certificates 37,025,625 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Clover Seed and Assike Prices Listed for Market
In Toledo Seeks market prices show Clover seed values with cash October December and March futures at 5.60 5.60 5.67 5.80 while No 2 and No 3 grades list 5.45 and 5.30. re jected 4. Assike prime seeds priced at 8.99.
MENTIONED IN THIS ARTICLE
Toledo
Unlisted Bank Stocks and Traction Strips Ex-Dividend
A fragmented stock list shows unlisted banks and traction stocks with ex-dividend notes. Entries include Am Nat Bank 1% ae Ger and Norw Nat with varied prices and a note Ex-dividend for N.C Begree.
MENTIONED IN THIS ARTICLE
Jergens
Bar ,& Smith
Brownell
Ch. C. Paper
Columbia Gas
Stan
Eueb
Ph. Carey Pr
Sarpy Hall
Trust
First N’l
N’l
Npt
Colum. Bank & Sav. Co
Norw. Hee Os Nor
N.C
Cotton Prices Move with Ginners Report and Conditions
UNLISTED SECURITIES New Orleans notes mixed cotton quotes as the Revision Committee changes rates and spot sales total 2 850 bales while futures drift and close steady. New York opens higher then softens with steady close. Liverpool reports quiet spot and steady futures amid weekly totals and imports.
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New Orleans
Shebvon
Laos
OBO
Sas
Hester
Dalen
Wool market shows active week and strong Boston exports
The Commercial Bulletin reports a busier wool week with turnover estimated between eight and ten million pounds. Boston shipments through October 1 reach 134.7 million pounds, down from last year, while receipts total 210.3 million pounds. London auction sales reach 14,806 bales with solid demand and varied prices across regions.
MENTIONED IN THIS ARTICLE
Boston
Commercial Bulletin of
Coffee futures open steady on New York market
The New York coffee market opened steady with a slight advance and closed quiet, aided by lower French cables and Sao Paulo receipts. Trading totaled 11,250 bags with October at 5.60 cents and July at 6.50, while spot prices held firm at Rio No 7 6 3 4 cents and Santos 4 8 ¾ cents.
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New York
South
Shorts
New Orleans
Houston
Gulf
Liverpool
Sao Paulo
Santos
Rio
Santos No
Cordova
New Orleans Cotton Seed Trade Note
In New Orleans on October, a brief market update lists Prime cotton seed at 38 cents per ton, with traders noting stable demand and steady pricing for futures.
MENTIONED IN THIS ARTICLE
New Orleans
Markets in Cincinnati ease with mixed grain notes
Cincinnati markets show wheat and rye softening while oats and flour hold steady. No. 2 red winter wheat traded around $1.05 with scarce demand, corn and rye softer, hay and whisky firmer as receipts vary and grain inspections list varied car counts.
MENTIONED IN THIS ARTICLE
Minneapolis
Northern
ORN
Fruit and Produce Prices From Local Market
List of apples bananas beets carrots cucumbers cantaloupes cabbage lemons oranges onions potatoes peaches pears string beans sugar corn squash tomatoes watermelons with price ranges per unit and case. Includes grocer categories coal and nut items like Yough'sney lump and Kanawha lump.
MENTIONED IN THIS ARTICLE
Messina
Palermo
Valencia
Georgia
Pork by birth cues and meat cuts in Seaport market
A fragmented listing details pork products from Seaport including hams shoulders and bellies with prices and percentages for pork by birth, short clear cuts, and smoked meats. Also notes beef and green meats with various prices for hams, shoulders and bellies.
MENTIONED IN THIS ARTICLE
Cabae Es Seaport Saes
D. S
California
Sigcee
Burley Tobacco Sales Report From Spencer County Breaks
Three hundred pounds of new Burley sold on local breaks in Louisville with prices unchanged. Dark tobacco described as in good order but quality fair. Offerings totaled 33 hhds Burley and 9 hhds dark.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Louisville
New Burley
Spencer County
Burley
Turpentine and Rosin Market Report Across Several Cities
Oct 2 market notes from Wilmington Oil City Charleston Savannah and TOLERO show mixed activity in turpentine and rosin with firm or quiet trends. Prices listed for rosin grades and window glass as well as nitty details on receipts shipments and stock across the Gulf Coast regional markets.
MENTIONED IN THIS ARTICLE
Wilmington
Charleston
Savannah
Rosin Quiet
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