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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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%.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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%.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
P. Q
New York
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Howver
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Delaware & H N
Great Nort
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Tenn, Co
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Special Dispatch
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Cin, & Ham
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Do Diol
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Ch. C
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S. Kuhn & Sons, Bankers
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