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Cincinnati Commercial Tribune in Cincinnati, Ohio

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Sep 20, 1908

Page

12

Violent Decline in Active And Prominent Securities

New York stock markets failed to sustain yesterday’s partial recovery as active and prominent issues fell to the week’s lowest prices. Dealers cited a renewed belief in distribution by a powerful speculative faction and heightened political concerns over corporate influence, with bonds showing firmness and foreign exchange dropping sharply.

York Mercantile Agency Iran New York United States

London Stock Exchange Week Ends With Renewed Cheer

The London stock market recovered from midweek liquidation as strong interest returned to colonial stocks and home rails. Consols remained weak while American securities feel US political campaign pressure. The market ended firmer with losses of 1 to 4 points overall, and cheap money plus falling discount rates supported liquidity amid hopes of early gold shipments from New York to Argentina.

London Stock Exchange Paris Kaffirs United States Wall Street Erie Reading New York Exchange New York Argentine Anaconda Atchison Baltimore & Ohio Canadian Pacific Chesapeake & Ohio Chicago Great Western Chicago Milwaukee & St. Paul de Beers Denver & Rio Grande Grand Trunk Illinois Central Louisville & Nashville Missouri Kansas & Texas New York Central Norfolk & Western Ontario & Western Pennsylvania Rand Mines Southern Railway Southern Pacific Union Pacific United States Steel Wabash Amalgamated Copper

Clearing House banks hold surplus of 50 million above reserve rule

New York reports for the week show Clearing House banks exceeding the 25 percent reserve by 50,218,525 dollars while reserves decline by 1,774,300 from last week. Aggregate figures list loans 1,318,152,800 deposits 1,412,563,500 circulation 54,441,600 and specie 323,694,900 with reserves 403,359,400 and reserve required 353,140,875.

New York United States Clearing House Greater New York

Manchester cloth trade tightens amid wage dispute

In Manchester on September 19, cloth producers held a firm line as a wage dispute with cotton operatives loomed, delaying large contracts. Prices improved for fair deals with shifts to China light cloths, India and Japan, while South American and Mediterranean markets paid firmer rates. Yarns were irregular but quotes held. The week’s activity was weaker than the previous, focused on lower grade American cops.

Manchester China India Japan Mediterranean

New York Banks See Mixed Reserve Shifts in Week

The Associated Banks of New York City report a slight reserve gain of 20,750 for the week ending September 19 while cash reserves fall by 3,551,500. Deposits shrink by 14,289,000 and loans drop 12,120,300, with trust firms boosting loans by 7,285,100 and deposits by 7,239,100. Since year start, loans rise about 200,000,000 and deposits about 360,000,000, with surplus reserve up 55,000,000 to 60,000,000.

New York Associated Banks New York City Canada Trust Companies Clearing House Associated Banks of Cin Ham St. Ry Ohio Orha & C. Columbus Ry Col. & L Scioto Valley Am. R. Mill Globe Soap Reravan Casey-H. Pr Do Pref Whee W. Powell Pr Feulds M. M Wurlitzer Pleisch'n Bank &Tocks Trust Ioe & T Consol S. F J. J A. O P. A M. N Southern Ry Fis Southern Ry Ter F. A Anette Hamilton County Bonds Elizabeth Bridge Loney Es Adeeveserereeesee Armory Benson Street Big Miami Bridge Bar, & Smith

London and Paris markets show firm demand and mixed gains

London closings report steady discounts and firm demand with gilt edgeds and rails edging higher. Paris prices slip while Berlin markets rise with firmer tone and lower short bill discounts.

Money Rates and Bond Listings Across Markets

New York money on call and time loans quoted with percentages for various terms. Sterling exchange reported with bills and demand levels. Government and railroad bonds steady to firm. Boston market lists numerous bonds and equities with bid values and notable percentages for utilities and industrials.

New York Prime Mercantile Paper Sterling Exchange Boston Atchison Adjustable Atchison Mexican Central Boston & Albany Boston & Maine Boston Elevated Fitchburg Union Pacific American Arge. Chemical American Pneumatic Tube American Sugar American Tel. & Tel American Woolen Edison Electric Illum General Electric Massachusetts Electric Massachusetts Gas United Fruit United Shoe Machine United States Steel Special Dispatch Commercial Tribune ST. Louis New York Exchange

New York Bond Sales Reported by W. E. Hutton Co

A scanned bond sales page lists numerous issues traded in New York including A T T and Co, Atchison, Reading, and Erie bonds with quantities and prices. The tally shows totals and varying coupon rates as market activity details.

Market displays ham tendencies amid unsettled rates and active bonds

The market shows firmer tone with Cincinnati Gas and Electric and Telephone shares in demand. Bond activity picks up with several large municipal sales and strong New York exchange levels. call loans hover 3% to 4% with discounts around 5% as traders note an unsettled money market.

Cincinnati Gas and Electric New York Exchange

Cattle Prices Decline On Heavy Cincinnati Receipts

Cincinnati heavy receipts push cattle prices down with liberal weekly movement. Hogs and sheep follow mixed trends as markets stay at mercy of buyers amid rising totals. Regional figures from Cincinnati and other cities show varied per lb ranges for steers cows calves and hogs amid fluctuating demand.

Coffee futures start quiet as market opens and eases slightly

New York on September 19 reports a quiet opening for coffee futures with prices easing about a fraction as trade interest wanes. Volume reaches 10,500 bags with December near 5.60 cents and June near 5.56 cents. Rio No 7 6 cent and Santos No 4 8 cent spot coffees steady to dull.

New York Aulet Pa Rio Santos Mil Cordova

Expectations on Wall Street Amid Market Fluctuations

Financier Henry Clews cautions that stocks have risen too far in 1908 with crops and yields underperforming. He notes higher call money, subdued currency demand, and a cautious outlook as the fall market-season begins, urging disciplined stock purchases despite profits.

Europe

Cotton Market Steady Across Major Hubs With Mixed Futures

New Orleans reports quiet steady spirit with spot cotton at 9 3 16 cents middling and 525 bales sold while 2 046 bales arrive stock at 46 323. St Louis sees dull trade at 2 cents middling with 449 receipts. Liverpool futures open lower then steady with daily sales around 3 000 bales. New York opens unchanged to 7 points firmer on short covering and weather signals.

New Orleans England Hester Saas Harwendt Geno Akson Marck Is Cccencasvte Ukesigh Oa ST. Louis Liverpool New York Houston

Public Auction of Consolidated Time Stock in Bankruptcy Case

Under a bankruptcy order, Joseph B. Trevor trustee will auction 273 11/100 shares of Consolidated Time Stock at 12 noon on Tuesday September 22 198 by Wm E Hutton & Company on the Cincinnati Stock Exchange floor.

Carew Bail Cincinnati Ohio Richard T. Pullen United States District Court Wm. E. Hutton & Company Cincinnati Stock Exchange Consolidated Time Tock Company

Dry goods market shows cautious buying in New York

The dry goods market in New York on Sept 19 was fairly active for spot merchandise. Buyers and sellers entered contracts cautiously as demand held steady for cotton yarns, linens, and burlaps with firmer prices on linens and a jute crop shortage rumored to boost burlap demand.

Commercial Tribune New York

Also Mentioned on This Page

Maine Standard Oil Company Financial District Seman ED Mercantile Library Atchison Rd Golorado Southern C, CO Delaware & Hudson Great Northern Weenee Osoen Missouri Pacific Spesee R. R Steers Ag St. Paul Toledo 8. W Union Pacific Org Amer Distillers Securities Republic Steel Bsenss Coal & Iron Western Union ROCA Osdss Asia London Stock Exchange Associated Banks Statement Exchange Berlin Peoria W. E. Hutton & Co First National Bank Cen N. Y. City W. Om RL & P Atch T. Ist Col. Ind P. T W. U. cv Interboro Ie Arch Erie Ev Iinc Interboro Bae Adj Tatesboro U. P Can. Sou Tae Ae Wab.p. T Cincinnati Gas and Electric and Telephone Shares Kroger, 2d Gas & Electric Cin. Gas & Electric Kroger Pensacola Fla Edison TIGR Glasgow Eadhs Jads Scd The Ask T.P Col. & Xenia Little Miami Railro Bire C Am. Nat Bright'n City Hall Cosmopolitan First N’l N'l Colum, Bank & Sav. Co Norw, First Nor. Nat Sec C.B Southern BG & S Miami & Ger Miami Cb & Anis Eagie Ind Bt Ry Amer. Nip Smalloceanae Fay & E.com Niles B.P Do Pr.a Shillito Co Niles T.W Cone Aowo Pittsburg East Buffalo Salle St, Louis Texas Kansas City Oberts, Hall & Criss New York Stock Exchange Ask American Tobacco Borden's British Columbia Butte Coalition Chicago Subway Colonial Dominic Havana Tobacco Otis Hierator Seeeenree Tonopah United Copper A. P Coos Daly-West North Butte Trinity Tetas Utah Consolidated Green Cananea Ing Dayis-Daly Indiana Supreme Court of Indiana Breed & Harrison First National Bank Building Henry Clews Iby Nces Safe Investments Halifax Co Florence 8. C Hickory West Tampa Rudolph Kleybolte Company Walnut Street S. Kuhn & Sons, Bankers East Third ST Cleveland Springfield Nashville, Tenn Thompson-Brown CO Mercantile Library Bldg Weil, Roth & CO E. Fourth St Telegraphone Bay State Gas Bishop Creek Capuzaya Certigue M. & D. Chi N. Y. Air Line Cienegrita Copper Dos Estrellas M. & D Gt Cariboo Gold Harvey A. Willis & CO Broadway Guanajuato Hull Copper Marconi National Stock Palmer Mountain T.&p Peregrina Pinguico United Mining United Wireless Phoenix Grain and Stock Exchange East Fourth Street Cincinnati, Hamilton & Dayton Railway Company Thomas J. Walsh Cincinnati, Hamilton Dayton Railway Company Joseph Trevor C. J. Buddeke & Co Union Trust Building Low Months Ne High
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