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Cincinnati Commercial Tribune in Cincinnati, Ohio

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This newspaper page contains 26 articles. Subscribers can read the full text of each article.

Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Oct 18, 1908

Page

17

Uneasiness in Europe Presses New York Stock Market

The New York stock market faced pressure from renewed European uneasiness over Balkan settlement issues. London closed before New York opened, limiting foreign selling and leaving sentiment fragile. Large foreign liquidations and central bank efforts to attract gold weigh on markets while trade data show a strong nine month surplus and record September exports.

New York Europe London Paris Bank of England

Market dull on Balkan nerves trims global stocks

London traders faced renewed Balkan uncertainty as stock prices drifted lower on political concerns. Consols and British rails fell on realizations while foreign securities declined without Paris support. In Berlin and Paris, markets were heavy with weak rates and broad declines across banks and equities.

London Stock Exchange Balkan Paris Anaconda Atchison Baltimore & Ohio 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 Ontario & Western Pennsylvania Rand Mines Reading Southern Railway Southern Pacific Union Pacific United States Steel Wabash Amalgamated Copper Berlin Balkans

Coffee futures slip after steady start in New York

In New York on October 17 the coffee futures market opened steady then rose briefly on covering by late shorts before easing. Close remained steady to 5 points lower with 22 250 bags sold including October 5.55c and March 5.26a6.30c. Spot Rio No 7 6c and Santos No 46c. Mild Cordova 9% to 12%.

New York Shorts Rio Santos Cordova

Clover seed and alsike prices reported in Toledo market

Clover seed values listed for cash and futures including October 4.60 and December 4.67 percent with March at 4.90 and rejected at 3.10. No. 2 and No. 3 grades given as 4.52 and 4.35. Alsike prime priced at 8.80.

Toledo

Money and Bond Prices Across New York and Boston Markets

New York reports call money dull with small gains in sixty and ninety day loans and steady prime mercantile paper. Sterling exchange strong. government bonds steady, railroad bonds weak. Boston shows varied call and time loan rates with broad listings in railroads and major issuers, including Union Pacific and United States Steel, among others.

New York Prime Mercantile Sterling Exchange Boston Atchison Adjustable Atchison Boston & Albany Boston & Maine Boston Elevated Fitchburg N. Y Union Pacific American Arge. Chemical American Pneumatic Tube American Sugar American Tel Tel American Woolen Dominion Iron and Steel Edison Electric Islam General Electric Massachusetts Electric Massachusetts Gas United Fruit United Shoe United States Steel

Clearing House banks show surplus of 31 million under reserve rule

New York reports banks hold 31,471,125 more than 2 percent reserve requirements, down 3,236,700 from last week. Details show loans rising to 1,338,433,300 deposits 1,416,647,900 while reserve stands at 385,633,100 with surplus 31,471,125. Greater New York nonmember institutions total deposits 1,060,099,000 and cash plus loans 968,473,100.

New York United States Clearing House Bank and Trust Companies Greater New York

Mining Stock Prices From Boston Exchange Report

A list of metal and mining shares with bid and percentage figures from Boston on October 7, including Calumet and Hecla 660 and United States Mining 89 percent bids. Other notable quotes include Massachusetts Mining 51 and North Butte 82 with various company names such as Amalgamated 75 and Quincy 90.

Securi Roberts, Hall & Criss York Stock Exchange American Tobacco Columbia Copper Butte Lition Ste Sneeneeeentenee Chicago Subway Colonial Silver Dominion Copper Havana Tobacco Ms Otis Elevator Com United and Com Daly-West North Butte Trinity Awe Utah Consolidated Ida Davis Teressees Renee Boston Oct Adventure Allouez Amalgamated Atlantic Calumet and Hecla 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

New York Bond Sales Report Summary

Bond market activity listed by W E B Hutton & Co and First Nation Bank Building shows various security notes including N N& W November 4s C C & 8t L at around 89 percent, New York issues at 101 to 104 percent, and Kan & Mich 4s around 1915 rects. Total values shown near 18 000 with several small lots and interest payments noted.

Mal Bank Papernate Cc. C N. P. Pr R. T Kan, & Mich

Financial and Personal Notes District items from the city

Inspector James Casey starts his annual vacation with a short East trip. The Cincinnati New Orleans and Texas Pacific Railway reports first week October earnings of 150109 versus 170275 a year ago. Superintendent Fred Maag of Street Cleaning recovers from appendicitis after four weeks away. Visitors to the Business Men's Club include M MacDonald and others from New York St Louis Pittsburgh Louisville Peruley and Buffalo. A Lumbermen's Club committee invites western and central state lumbermen to a November convention in the city.

James Casey The Police Department Cincinnati, New Orleans & Texas Pacific Railway Company Business Men's Club M. MacDonald New York City D. Huston St. Louis M. Hooker Pittsburg J.C. Layne Louisville C. ‘N. Perley H. D. Knox Buffalo New York Lumber‘men’s Club B. F. Dulweber

Hardwood Manufacturers to Meet in Louisville Next January

The Executive Committee of the National Hardwood Manufacturers’ Association met at the Linton Hotel yesterday and decided to hold the next convention in Louisville the latter part of January. Reports from across the country show general improvement in the hardwood trade. Stocks are light and timber prices have risen $1 to $2 per thousand feet in the last thirty days.

National Hardwood Manufacturers’ Association

Railroads report larger receipts in first October week

R G Dun reports US railroads earned 7,442,276 in the first week of October, a 3.9 percent drop from last year. Major lines like Missouri Pacific and Texas & Pacific show gains, while Central of Georgia and others contribute to a mixed national pattern amid ongoing August classifier figures.

New York R. G. Dun & Co United States Missouri Pacific Texas & Pacific Colorado & Southern Central of Georgia

Market Quiet With Prices Firm Across Municipal Stocks

Market notes show steady to firm prices despite tight money. Cincinnati and Chicago clearings are reported with New York exchange parity and varied bond and stock activity across municipal, traction, and railroad issues. call and time loans hover around 4% to 5%.

Commercial Tribune Chicago New York Exchange Cincinnati Gas and Electric

Bank statement shows slight charges in cash and loan rise

The Financier reports that last week's bank statement shows small cash charges and expanded loans, led by a $14 million average loan rise though actual increases differ. Deposits grew both on average and in actual figures, reserve levels fell on average to the lowest since January while actual reserves rose modestly.

New York

Wool auctions move briskly in London and across colonies

A large sale of 13 834 bales sees active bidding for superior cross breds and merinos. Americans buy high priced cross breds while German buyers seek clothing grades. Prices vary by region including New South Wales Queensland Victoria and South Australia with scoured and greasy lots listed.

ST. Louis London New South Wales Queensland Victoria South Australia New Zealand Cape of Good Hope

Manchester Cloth Market Report Shows Dull Trading

In Manchester on October 17 the cloth market remained dull with meager transactions. Demand focused on India and immediate delivery orders while lockouts kept volumes low. China and Eastern markets inquired but offered no negotiations and yarns showed weak demand with few mid and coarse sales at steady prices. Export trade was constrained by delivery restrictions.

Manchester India China

New York Mining Prices Reported in Oct 17 Trading

New York mining quotes show Alice at 2.50, Ontario at 4.50, Ophir 1.80, Standard 1.80, Yellow Jacket 0.43, Comstock Tunnel stock 0.24, bonds 0.10, Hoga Silver 0.60, Iron Silver 0.95, Leadville Con 0.65, Little Chief 0.55, Mexican 0.58, Brunswick Con 0.01, Breece 0.06, Ontario and Ophir among listed offerings in the day’s session with various small changes.

New York Alice Brunswick Comstock Con Cal Leadville Little ‘Chief Ontario

Metals Markets Quiet as Cables Absence Affects Trading

New York metal quotes show tin at 20.29 a ton, copper near nominal with multiple grades scarcely moved, lead steady around 4.26 to 4.30, spelter dull near 4.77 to 4.82, iron unchanged. St Louis reports lead at 4.10 and spelter at 4.60.

New York Jake ST. Louis

Cotton Seed Oil Price in New Orleans

In New Orleans on October 17 the market quoted Prime refined cotton seed oil at 37 4 1/2 cents.

New Orleans

Cattle Prices Fall as Receipts Drop in Cincinnati Market

New data from Cincinnati show a weaker live stock market with lower cattle and hog prices amid lighter weekly receipts. Beef grades declined early in the week before finishing steady, while hogs moved lower at week’s end. sheep and lambs remained firm for good fat stock.

Bologna Commercial Tribune Pittsburg East Buffalo Chicago ST. Louis New York Reeves Kansas City Salle

Oil market updates from multiple U S ports

From Oil City to Savannah on October 17 reports show varied activity in spirits turpentine rosin and crude turpentine with receipts shipments and price quotes. Notable figures include North Lima and Indiana price notes in Toledo and Savannah turpentine and rosin values and large U S trade volumes.

Oil City Toledo North Lima South Lima Indiana Wilmington Charleston Savannah Rosin Ateak

Treasury balances reveal available cash and gold holdings

Treasury statement shows October balances in the general fund excluding the gold reserve. Available cash totals 170,227,005 dollars, gold coin and bullion 947,400 dollars, and gold certificates 38,104,960 dollars.

Washington Treasury General Fund

Market Reflects Foreign Situation and Economic Tone

New York October 17 The market remains uneasy due to domestic politics and a troubled foreign scene. Analysts note large foreign stock sales and tension among Great Britain France Russia and Germany while U S banks show loan growth and shrinking reserves amid renewed demand for money and looming security issues. Farmers in the West prosper from high corn prices while the South faces cotton declines.

Great Britain France Russia Germany Austria Italy England Europe

Market Outlook Reflects Recovery and Continued Uncertainty

The piece contrasts this year's strong recovery with last year and notes unsettled technical conditions. It says big holders have not fully lightened their load, stocks remain high given conditions, and rising interest rates may reduce value. It warns about possible price surges from cliques, but advises selective buying until political risk fades.

Cotton market steady amid bullish spillover from weather outlook

New Orleans spot cotton held at unchanged quotations as sales reached 500 bales spot to arrive 2 000 bales. Futures opened steady dipped then rose about 10 points. bullish mill takings and unfavorable Sunday forecast boosted demand. Liverpool and New York trading showed steady to barely steady closes with imports and receipts noted.

New Orleans Liverpool New York New England Wall Street Houston Uplands Gulf

Ohio Secretary Receives Various Articles of Association

Columbus notices list multiple articles filed with the Secretary of State including East End Electric Company in Cleveland with $10,000, Buckeye Distributing Company in Cleveland with $20,000, Standard Construction Company in Cleveland with $10,000, and increases such as Dayton Motor Car Company enlarging capital stock from $50,000 to $500,000. Other entries cover Fireside Conference Hotel Company in Willoughby, La Selba Cigar Company in West Carrollton, Loveland Manufactured Ice and Cold Storage Company, Sunrise Coal Company in Dayton, Bucyrus Transportation Company, Buckeye Athletic Club in Columbus, and Continental Construction in Toledo.

Commercial Tribune Columbus, CO East End Electric Company Cleveland C. R. Foster A. B H. Wolff BE. J. Foster F. C. Huntington J. W. Boyle Buckeye Distributing Company J. H. Barl R. A. Catran D. F. Miller N. W. Wheeler J. Turnbull Standard Construction Company Cyrus Edwards C. D. Ewing

Behind any good live enterprise with soundness and fair profit

The note praises a solid live enterprise offering fair profit to investors, citing P. Q. 2037 in New York as the reference for trustworthy gains.

P. Q New York

Also Mentioned on This Page

Howver George Eustis & Mercantile Library Delaware & H N Great Nort Illinois Newark Nothern Pacific Bee A & Western R - Wabas Wee Wis Car Et Foundry Ovens Eens Sean Am Consolidated Gas _ Distillers’ Securities Republic Steel Sugar Aeeeeneeens Tenn, Co Sal Clearing House Banks Boston Mining W. EB. Hutton & Co Chicago, Milwaukee & St. Paul Granger Trunk Eastern Trunk Western Strer Eastern Central West Southern Southwestern U. S Cincinnati Special Dispatch Cin. Gas and Electric Cincinnati Street Railway Cin Gas and Electric United States Printing Panama Ask Glasgow Ask. Bighe Ask. Cin. Int C. Flan T.P Col. & Xenia Cin, & Ham As Co, de & Bisse Do Diol Seco Oo Isedjonte Traction Columbus Ws Li Eae Col. KR. & L Ee & L Ng UN Escloto Valley Nor Am. R. Mill I. Cs Carey HL Ch. C Atlas jGlobe Ham Hous Polies Kroger Proc. & Gam Rob'n Realty Steptoe-Sh U. 8 TAS W. Powell Pr Wurlitzer Consol. S. F S. J. Webrss J. J M. N Southern Ry F. A Ince Acess Wea Sss Tapas Ee Ae Water Works Rf A Ee Water Works A Water Works O. Viaduct J. D Viaduct F. A. Street Bower Hamilton County Elizabeth Bridge Longview Siaes Loe Benson Street Bridge Big Miami Bridge Covington Ss Dy 5 Bale seaeeeeetavcdOd Street Imp. 4S, F. Ae i Ee & Es Ac Ay & Egan Coinersie Gas Pa. Bridge Col Eason Int C.n.&c. Ists Landses Nisa Ue Norio Lina Ze & Lis Ss &T C.B Bapion Det Associated Banks Statement WOOL NEW York Mining Metals Railro C.r.&f.w N.& Dist Cl & NW Sab Beach Ae Miami Norw U.B Niles. T.W. Pr Treasury Statement S. Kuhn & Sons, Bankers East Third ST Phoenix Grain and Stock Exchange East Fourth Street Henry Clews South Ohio Weil, Roth & CO Southern Ohio Savings Bank Main St Bank First National Bank Billings Montana C. J. Buddeke & Co Union Trust Building
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