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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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