Vanderbilt Cup Race Suppresses Stock Exchange Activity
On October 24 at the New York Stock Exchange trading was sluggish as brokers largely departed for the Vanderbilt Cup race. The market showed little interest with protective support for select stocks like Southern Pacific while railroad equipment shares firm on plans for increased orders. Total bond sales were $1,404,000 with U.S. 2s registered down by a fraction over the week.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Southern Pacific
American Railway Association
Market Outlook Mixed After Election News
Brokers describe a dull market with small trading and stable prices. Analysts note a professional tone, late accounts balancing, and concern about early next week’s political developments affecting sentiment and tariff views.
MENTIONED IN THIS ARTICLE
Page & Hill
TICKER TALK London shows mild improvement in business
London reports stronger signs of general business improvement with higher copper demand and steadier steel earnings. Third quarter net likely to reach $26 million. Automobile production falls by 19,000 in two weeks. Weekly reviews note a drop in machinery orders and firmer raw material purchases.
MENTIONED IN THIS ARTICLE
Ay Ee We Steel
Market Briefs on Commodities and Stocks
New York market notes list various commodity prices and bond figures as of October 24. Entries include Alice 8.50, Brunswick Consolidated .10, Comstock Tunnel Stock .22, de bonds .10, Ontario 400, Ophir 1.75, Standard 1.90, Mexican .55, Yellow Jacket .42, and others reflecting fluctuating values.
MENTIONED IN THIS ARTICLE
New York
Brunswick
Comstock Tunnel
Con. Cal
Leadville
Little Chief
Ontario
Clover seed and al said prices listed in Toledo market
In Toledo on October 24 price quotations show Clover seed with cash 5.07, October 5.05, December 5.12, March 5.25, No 2 4.45, No 3 4.80, re eded 4.65. Alsike prime 8.80.
MENTIONED IN THIS ARTICLE
Toledo
Alsike
London and Paris Markets Show Cheerful Tone
London reports ample liquidity and steady discounts with a brighter political outlook and firm foreign support for Paris. Stocks and bonds mix cautious gains while Open market discounts range around two to two and a half percent as agents monitor key issues.
Clearing House banks report reserves above required with gains
New York banks show a weekly surplus of 32.88 million dollars above the 25 percent reserve requirement, an increase of 1.41 million from last week. Aggregate figures include loans, deposits, circulation, legal tenders, specie, and reserves, with sizable gains in reserve and surplus.
MENTIONED IN THIS ARTICLE
New York
U. S
Clearing House
Greater New York
Boston Mining Stock Averages Report Oct 24
Boston markets list mining and related shares with prices and changes for Adventure 7% to Wolverine 140. Stocks include Calumet & Hecla 660, Isle Royale 22, Granite names such as Quincy 93 and Montanas.
MENTIONED IN THIS ARTICLE
Boston
Oct
Adventure
Allouez
Amalgamated
Atlantic
Calumet & 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
United States Mining
United States Oil
Utah
Victoria
Winona
Wolverine
North Butte
Butte Coalition
Nevada
Calumet
Arizona
Arizona Commercial
Greene Cananea
Coffee market opens steady with minor decline in New York
The New York coffee market opened steady to down 6 points on weaker French cables and closed steady to 5 points lower. Trade reported 10,250 bags with December at 5.2 cents and March May July at 5.10 cents. Spot market quiet with Rio No. 7 at 68 cents and Santos No. 4 8? cents. Cordova steady at about 4.2 cents.
MENTIONED IN THIS ARTICLE
New York
Metal market snapshot shows firm copper and lead
New York traders report tin easing to about 29.37 to 29.45. Copper remains firm with lake 13.62 to 13.75, electrolytic 13.25 to 13.50, casting 14.43 to 14.25. Lead steady around 4.25 to 4.30, spelter 4.80 to 4.85. Iron unchanged. St Louis notes lead dull at 4.07 to 4.10 and spelter at 4.67 to 4.68.
MENTIONED IN THIS ARTICLE
George Busts
Aenean Ee
Rock Island
Southern R. R
St. Paul
Union Pacific
Wis
Central
Car & Foundry
Smelter Co
Locomotive
Ee Veeneed Ee
Beens
Col F
Consolidated Gas 14
Distillers Securities
Meg
Lea Reneeweee
Seeee Pressed Steel
Pacific Mail
Steee Republic Steel
Tenn. C. and I
United States Steel
Western Union
New York
ST. Louis
New York Bond Sales Totals Reported for Various Securities
A sweeping list shows New York bond sales by issuers including Reading, Erie, American Telephone and Telegraph, Reading ion, and Union Pacific. Notable figures include large blocks of 4s and 5s with prices around 95 to 110, totals approaching over 1.1 million dollars.
MENTIONED IN THIS ARTICLE
A. H. Reading
Erie cv
Oe Ee
A. A. A. Chem
Pac
Erlegen
Reading Ion
AP Biden
L. Ry
T de So
U.S
G. m
Louisville & Nash
Uni
W. X. Ev
jAm
jAtchison Adj
Ee Eidinsessni
Cotton market closes steady to easy in New York and Liverpool
New York opened steady to higher on short covering and bull talk tied to Western belt weather and Manchester meeting. later eased to near previous close. Spot price fell 5 points while receipts reached 430000 bales for the week. Liverpool futures showed steady to barely steady trade with American middling around 5.50 to 5.02 pence and day’s sales at 3600 bales.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Fflouston
Gulf
Liverpool
New York Banks See Cash Rise Despite Net Deposits Dip
The Associated Banks of New York City report for the week ending October 24 shows a $676,500 cash rise while interior money flow remains small. Loans fall by $3,806,800 and deposits drop $8,892,600. surplus reserves rise to $33,241,950. One year earlier banks faced a surplus deficit then returned to surplus by January 4. State banks and trust companies in Greater New York gain $5,074,000 in loans and $7,231,600 in net deposits with a modest cash uptick.
MENTIONED IN THIS ARTICLE
United States
New York
Associated Banks
New York City
New York Clearing House
Greater New York
Clearing House
London Stock Exchange Week Declines Amid Balkan Tensions
Trading on the London Exchange slid as continental politics kept Balkan settlement uncertainty alive. Consols held steady while foreign stocks posted small changes. Mexican irrigation bonds traded with premium, Mexican rails fell on weak dividend outlook, copper shares rose on better American trade data, and American securities remained firm under Harriman issues. St Paul and Southern Pacific advanced about four points.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Rio Tentos
American Securities
Harriman
New York
Continental
Wall Street
St. Paul
Southern Pacific
Money and Bond Rates Across New York and Boston Markets
New York reports money on call dull with time loans at 2 to 3 percent for sixty to ninety days and six months 3 percent. Sterling exchange softer with bankers bills around 484.65 to 484.75 for sixty days and 486.50 to 486.55 for demand. Bar silver 51 1 4 cents, Mexican dollars 45. Government bonds steady. railroad bonds firm. Boston notes list call loans 1 to 2 percent and time loans 3 4 percent. several railroad and utility stocks quoted including Atchison issues, Union Pacific, American Telephone and Telegraph, General Electric, and United States Steel among others.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Paris
Anaconda
Atchison
Baltimore & Ohio
Canadian Pacific
Berlin
Exchange
New York
Prime Mercantile
Sterling Exchange
Boston
Atchison Adj
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
N. Y
Union Pacific
American Telephone and Telegraph
American Woolen
Dominion Iron and Steel
Edison Electric Illuminating
General Electric
Massachusetts Electric
Massachusetts Gas &, United Fruit
United Shoe Machinery
United States Steel
Manchester Cloth Market Faces Mixed Trade After Lockout
Manchester England Oct 24 Better inquiries from oversea markets signal gradual stock movement and early next year contracts in skirting and fancy cloths to India and China. Mediterranean and South American trade stay limited to immediate delivery while home trade remains dull. Yarns show no improvement. Moderate American cop trade hindered by delivery issues.
MENTIONED IN THIS ARTICLE
Manchester
England
India
China
Treasury balances report shows available cash and gold holdings
Washington October 24 Treasury balances in the general fund exclude the 150000000 gold reserve with available cash of 168299149 and gold holdings including old coin and bullion 59046402 and gold certificates 40369800.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Cotton goods market closes strong in New York
The New York cotton goods market ends firm with higher prices. Linens seen advancing in foreign markets while burlaps weaken. Demand for fine and fancy cottons for spring grows more active.
MENTIONED IN THIS ARTICLE
New York
Markets in Cincinnati October 24 1908 report
Cincinnati markets show wheat and flour steady with No 1 Northern wheat at 1.03% and other grains mixed. Corn declined while oats and rye stayed quiet. hay and whisky demand remained active and receipts were ample with market inside prices. Grain inspections and shipments list varied commodities and quantities across barley, butter, cattle, oranges, coal, coffee, potatoes, and more.
MENTIONED IN THIS ARTICLE
Cincinnati
Minneapolis
Northern
D.s
Fruit and meat prices from an old market listing
The listing shows apples at 3.75 per barrel and various fruits by the box or bunch, including cranberries at 2.50 and peaches at 1.10 to 1.25. It also lists pork by barrel and multiple meat cuts with prices, along with dressed hams, bacon, and other provisions.
MENTIONED IN THIS ARTICLE
Palermo
Valencia
Florida
California
T. Bacon
Coal Market Faces Unusual Weather and Drought Impact
Unseasonably warm weather and a two thirds drought have slowed coal buying, affecting both retail and steam trades. Traders report behind years and rising distrust of shortages, with some mines suspending shipments and December prices set on mine run.
MENTIONED IN THIS ARTICLE
Chicago
Department of Factories
Cigar Leaf Auction Limited to 15 Cases at Globe Warehouse
Cigar leaf tobacco offerings were limited to 15 cases Saturday at the Globe Warehouse with fair demand. Prices ranged from 4.60 to 11.75 per 100 pounds, and seed transactions included 5 lots at 4.60 to 5.80, 7 at 6 to 7.55, 2 at 8.05 to 9.30, and 1 at 11.76.
MENTIONED IN THIS ARTICLE
Globe
New York Imports and Trade Totals for Week Ending Oct 17
Imports of merchandise and dry goods at the port of New York were valued at 11.296 million dollars for the week ending October 17. Imports of specie amounted to 71 thousand dollars in silver and 493 thousand dollars in gold, while exports of specie totaled 949 thousand dollars in silver with no gold exported.
MENTIONED IN THIS ARTICLE
New York
Ohio Incorporations Filed With Secretary of State
Special Dispatch reports in Columbus on October 24 articles of association filed. Herschede Motor Car Company in Cincinnati with 50000 by Herschede family and Kelly. International Compressed Preserving Wood Process Company in Cincinnati with 10000 by Scheid Frey Schneider and Hyrich. Ohio Corrugated Culvert Company and Central Iron and Metal Company in Columbus and Minstows with small capital.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
Herschede Motor Car Company
Cincinnati
Lawrence B. Herschede
Walter J. Herschede
Alfred T. Herschede
Joseph Linn
Thomas H. Kelly
International Compressed Preserving Wood Process Company
Henry J. Scheid
Henry John Scheid, Jr
George W. Frey
George C. Schneider
Jacob F. Hyrich
Ohio Corrugated Culvert Company
Minstows
Central Iron and Metal Company
New Orleans Market Report Oct 24 Cotton seed oil
New Orleans notes a market update dated Oct 24 covering movement in cotton seed oil prices and related trade activity.
MENTIONED IN THIS ARTICLE
New Orleans
Financial leaders await election impact on markets
New York reports a bullish week in stocks ahead of the political campaign with price advances followed by profit taking. Bank conditions show partial restoration with deposits and loans up from last year, and depositors at fifteen embattled banks near full repayment or preparation to pay the final deposits.
MENTIONED IN THIS ARTICLE
New York
London
Tobacco market gains on Hopkinsville week sales
Tobacco movements strengthened in the past week with higher demand and more sales. Planters Protective Association reports 107 hogsheads sold at prices from 7 to 12 dollars per unit. stock at the salesroom shrinks as lower grades dominate. The Auditor’s week ending Oct 22 shows Paducah leading with 422 hogsheads, Clarksville second with 207, and several Kentucky and Tennessee entries totaling 36 577 hogsheads for the period.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Hopkinsville
Planters’ Protective Association
Association
Society of Equity
Paducah
Clarksville
Tenn
Guthrie
Mira
Eco Fon
Ky. Tenn
Sei
Grain Prices and Prospects Across U.S. Markets
Wheat receipts 236000 bush exports 136156 bush with No 2 red quoted around 1.07 to 1.08 at elevators and f.o.b. afloat. Prices drifted lower amid better weather, with December near 1.08 and May near 1.09. Corn and oats show limited activity with quiet options. flour and other grains hold steady as regional markets digest demand. Major hubs include New York Buffalo Toledo Baltimore Kansas City Milwaukee Duluth Minneapolis St Louis and Minneapolis grain figures.
MENTIONED IN THIS ARTICLE
New York
Minnesota
Buffalo
Duluth
F.o B
Pacific Coast
Bogota
Central America
City
India
S. A
Country
Aotec
Philadelphia
Baltimore
Japan
New Orleans
Commercial Tribune
Toledo
Kansas City
Milwaukee
Minneapolis
Oil and Turpentine Market Reports Across U S Ports
Oil prices move in Lima and Indiana regions with North Lima at 1.04 and South Lima 9c. Credit balances at Oil City reach 1.75 with daily runs and shipments detailed. Savannah reports turpentine and rosin activity with varied prices, stocks, and receipts, while Charleston and Wilmington note steady tar and crude tar pricing and receipts.
MENTIONED IN THIS ARTICLE
Toledo
Lima
Indiana
Oil City
Savannah
Charleston
Turpentine
Ilmington
Io Lee Ceip
Trentine
Butter and Eggs Market Wraps Across Regions
CHICAGO markets report steady butter with creamery and daisies prices near prior levels. Eggs steady for firsts, cheese firm with daisies and Young Americas quoted. poultry alive and generally firm. NEW YORK and IOWA/OREGON areas show mixed butter, cheese, eggs, and poultry with varied receipts and small price shifts.
MENTIONED IN THIS ARTICLE
Chicago
Springs
New York
Wool futures update from St Louis market report
In St Louis on October 24 wool prices and textile futures show mixed activity with combing wool and clothing fabrics discussed. Traders note fine grades and heavy weighted fibers with tabs and weaves under consideration.
MENTIONED IN THIS ARTICLE
ST. Louis
Also Mentioned on This Page
Vanderbilt
Roberts, Hall & Criss
H. M. Beazell
W. BE. Hutton & Co
Ticker
Tdle
Newark
American Tobacco
Borden’s Milk
British Columbia Copper
Wee Butte Coalition
I Subway
Teeter Eens Co Bnvep
Havana
Raseoers Otis
Pere Peer
P. Com
West
Ely
NEW York Mining
Clearing House Banks
Boston Mining
Metals
W. E. Hutton & Co
First National Bank
C. J. Buddeke & Co
Union Trust Building
Ia Low
Waly
Associated Banks Statement
London Stock Exchange
Treasury Statement
Dor City
Tenner
Steneis
Ateatee Ie
Manila
Tereebeneer
Ponce Sviwane
Iiss
Eevetsap
Candlewick
Imperial
Poume Hyson
Gosses Co
Kfast
Florence
Brighton
Conestoga
Great Falls
Brighton LL
Creat Western
Tremaston LI
Pepperell
Henderson Family
Utica
Fitchville
Masonville
Beaumont
York D
Alabama
Geneva
Salvador
Alameda
Simpson
Columbia
Fruits and Vegetables
Santos
Ohio
Gilgenccesecs
Akron Crescent
Cleveland
S. P
Timothy
Covington
Too Gpl KY. Jas. C
Ernst
Prest
Hamilton
Geo. E. Engel
Reading
National Lead
Northern Pacific
Amalgamated Copper
Hopkinsville Tobacco
Southern Ohio Savings Bank
Main St
Baldwin Piano
the Baldwin Company
W. 4Th St
S. Kuhn & Sons
Steinway
Wurlitzer
Grain and Provisions
Wool
Peoria