Heavy Liquidation Forces Sharp Decline in Stocks
New York action at the Stock Exchange opened in heavy selling with pessimistic market reviews and large margin calls. Copper and Standard Oil related stocks led declines amid renewed political pressure and weak steel outlook. Bond activity was subdued as analysts urged neutral positions until conditions clear.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Standard Oil
St. Paul
Financial District
Standard Oil Organization
Standard Qi
Archbold-Foraker
Financial
Market Roundup Reflects Shifts In London Trade Tone
Irregular London trading shows small changes. Yoraker affair blamed for market dip. Great Northern shipments light with small dividend prospects. Two steel orders placed this quarter exceed any similar period since a prior panic. Moderate loan demand and brighter lumber trade sentiment.
MENTIONED IN THIS ARTICLE
Great Northern
Market Brokers Forecast Sharp Rise Amid Caution
Brokers predict a rebound but urge caution with moderate purchases on dips and sales on bulges for medium-term gains. Political unsettledness could push figures lower next week, while very weak spots may offer fair trading profits as the decline has been steep.
MENTIONED IN THIS ARTICLE
Page & Hill
W. E. Hutton & Co
Butter, Eggs and Cheese Markets Across Cities
Market notes from Chicago Elgin Kansas City New York and Philadelphia report butter firming at 23 24 2a4c with creamery and dairy levels, eggs steady with firsts at 2bc and fresh extras 28c, cheese steady on daisies and twins. Poultry prices show alive strong turkeys at 18c chickens around 10 to 14c.
MENTIONED IN THIS ARTICLE
Chicago
Elgin
Kansas City
New York
Western Factory
Western Imitation Creamery
Pennsylvania
Visible grain supply figures from New York Produce Exchange
The visible grain supply as of September 19 reported by the New York Produce Exchange shows Wheat 24,95,600 bushels with an increase of 3,872,000. corn 2,913,009 bushels up 997,000. oats 5,878,000 up 745,000. rye 644,000 up 84,900. barley 3,426,000 up 548,000 bushels.
MENTIONED IN THIS ARTICLE
New York
New York Produce Exchange
New York Mining Prices Reported in Telegraph Market
The New York market quoted shares and bonds with varied values on Sept 21. Notable prices include Brunswick Con at .023, Ontario 3.50, Ophir at 1.80, Standard at 1.99, and Mexican at .61, along with several small offerings and bond readings. Local tickers Alice 2.50 and Tom Silver 0.50 also appear.
MENTIONED IN THIS ARTICLE
New York
Brunswick
Comstock Tunnel
Cal
Leadville
Ontario
Bond market summary with varied US and overseas issues
New York bond sales report lists Am T and T and Interboro issues along with Columbia Southern Pacific and others. Prices range near par with many 4s and 5s, notes on premium levels and listings across utilities railroads and iron and steel bonds totaling around 3.58 million.
Cincinnati Retail Grocers Meet and Visiting Delegations
The Cincinnati Retail Grocers Association will hold its regular meeting at headquarters on Tuesday October 6. A Shawnee Oklahoma Chamber of Commerce delegation arrives in Cincinnati next Saturday. Business Men's Club directors meet today to plan entertainment for visitors and yesterday welcomed guests including Co M Carpenter Hamilton J A Hill New York F W Fairbaum Cleveland C F Wellspaugh Dayton A Sell enings Chillicothe and G F Hobart Detroit. Foster Co brokerages filed Charleston West Virginia articles of incorporation with 400 000 capital. Horace Thorp Lawrence Cloud Phineas Phillips and J F Dwyer are incorporators. Cincinnati will operate as a branch of the Charleston house. The Cincinnati Convention League aims for 1909 conventions of the League of American Municipalities and the American Association for Municipal Improvements. The Omaha meeting of the former is September 30. Directors meet today at Union Trust Building to discuss securing these conventions and others.
MENTIONED IN THIS ARTICLE
Business Men's Club
Co. M. Carpenter
Hamilton, O
J. A. Hill
New York City
F. W. Fairbaum
Cleveland, C
F. Wellspaugh
Dayton
A. Sellenings
Chillicothe
G. F. Hobart
Detroit
Mich
Foster & Co
Charleston
Horace Thorp
Lawrence Cloud
Phineas Phillips
J. F. Dwyer
Cincinnati
Cincinnati Convention League
League of American Municipalities
American Association For Municipal Improvements
Omaha
Incinnati Convention League
Union Trust Building
Market turmoil across London Paris and Berlin securities
London money plentiful discounts hard. Paris bought the bulk of 2,500,000 in gold and US stocks moved listlessly amid New York liquidation. Berlin and Paris bourses opened weak with late Paris closing steady and London exchange quoted for checks.
MENTIONED IN THIS ARTICLE
London
Paris
Stock Exchange
Kafthrs
New York
Amalgamated
Anaconda
Atchison
Baltimore & Ohio
Canadian Pacific
Chesapeake & Ohio
Chicago Great Western
Chicago
Milwaukee & St. Paul
de Beers
Denver & Rio Grande
Erie
Rand 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
Exchange
Money on call and bonds move across markets in Sept 21 reports
In New York on September 21 money on call held at 1 percent with 60 day bills at 2 percent and 90 day at 3 percent. prime mercantile paper at 4 1 4 percent. Sterling exchange steadies with bankers' bills at 485 to 485 10 for sixty days and 488 45 for demand. government bonds steady, railroad bonds weak. Boston notes record call loans at 2 to 3 percent and time loans at 3 to 4 percent. Bonds and miscellaneous quotable items include Atchison issues around par, Mexican Central at 14 percent, United States Steel around 43 with pref 30 7, Edison 230, General Electric 137, Massachusetts Electric 9, Massachusetts Gas 54, United Fruit 131, United Shoe 54 with pref 28 14.
MENTIONED IN THIS ARTICLE
George Eustis & Co
Mercantile Library
Atchison
Atlantec Coast Line
Cc. c
Chicago G. W
Colorado Southern
Delaware & Hudson
Erie Com
Great Northern
Illinois Central
Missouri Pacific
New York Central
Norfolk & Western
Northern Pacific
Ontario & Western
Pennsylvania
Rock Island
Southern Pacific
Southern R. R
General Sanetete
People's Gas
Republic Steel
Tle Ball Steel Springs
Tenn. Coal & Iron
United States Steel
Western Unio
Western Unio Eeeeee
Seeeeee Tetenee
New York
Prime Mercantile Paper
Sterling Exchange Steadier
Boston
Sept
Atchison Adj
Mexican Central
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
N. Y
Union Pacific
American Tel
Edison Electric Illuminating
General Electric
Massachusetts Electric
London tin market steadies amid mixed futures and local shifts
London tin futures edge higher while spot holds at £130 2s 6d as copper, lead, and spelter drift. Local markets show weakness in copper and lake and slight gains in spelter, with iron prices steady in English listings and mixed regional readings for different foundry grades. Wool prices in St Louis firm across grades, while local lead and related metals range around $4.50 to $4.65 in several listings.
MENTIONED IN THIS ARTICLE
New York
London
Standard
Cleveland
Northern
Southern
Southern Soft
ST. Louis
Oil, Turpentine and Rosin Prices Across Cities
Market reports from Oil City Wilmington Charleston Savannah on Sept 21 show turpentine steady at fractional gains and rosin mostly firm with multiple grade quotes. Crude turpentine and spirits turpentine hold steady. rosin prices span from $2.20 to $6.25 per barrel or ton equivalents with varied receipts and shipments across ports.
MENTIONED IN THIS ARTICLE
Oil City
Wilmington
Charleston
Savannah
Rosin
Mining Stock Figures Tally Close of Week Activity
Boston reports closing prices and ex dividend statuses for a wide list of mining and industrial stocks. Notable names include Calumet & Hecla Daly-West Osceola International Copper and United States Oil with varied percentage changes and prices across the session.
MENTIONED IN THIS ARTICLE
Boston
Sept
Adventure
Allouez
Amalgamated
Atlantic
Bingham
Calumet & Hecla
Centennial
Copper Range
Daly-West
Franklin
Granby
Isle Royale
Massachusetts Mining
Michigan
Mohawk
Montana Coal & Coke
Old Dominion
Osceola
Parrot
Quincy
Shannon
Tamarack
Trinity
United Copper
United States Mining
United States Oil
Utah
Victoria
Winona
North Butte
Butte Coalition
Nevada
Calumet & Arizona
Arizona Commercial
Greene Cananea
Wool auctions close with varied regional holdings listed
The fifth series auction listings show New South Wales 68395 bales, Queensland 36340, Victoria 22670, South Australia 1034, Western Australia 2286, Tasmania 1469, New Zealand 64784 bales, Cape of Good Hope and Natal 23948, Australian direct to spinners 40000, Cape of Good Hope and Natal direct 14509, old stock 88000, not available 254644 bales.
MENTIONED IN THIS ARTICLE
London
New South Wales
Queensland
Victoria
South Australia
West Australia
Tasmania
New Zealand
Cape of Good Hope
Natal
Australasian
Cape
Cotton seed oil prices in New Orleans market
News note from New Orleans dated September 21 reports cotton seed oil at 39 cents for prime grade with trading activity noted in the market report.
MENTIONED IN THIS ARTICLE
New Orleans
Prime
Ohio Incorporations Special Dispatch to Commercial Tribune
Articles of association filed with the Secretary of State list the Andrew Realty Company in Cleveland at 500 dollars, the Bouhard Art Furniture Company in Cleveland at 30000 dollars, the Joseph Krause Company in Cleveland at 10000 dollars, the Liquid Force Company in Elyria at 250000 dollars, the Union Elevator Company in Cleveland increasing to 100000 dollars, the Peter Unsinger Razor Blade Company in Fremont increasing to 35000 dollars, the Ohio Sang and Supply Company in Columbus increasing to 30000 dollars, the Middle West Lumber and Tile Company in Cincinnati at 10000 dollars, and the Radcliff Oil and Gas Company in Bremen at 50000 dollars with respective officers and organizers listed.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
Andrew Realty Company
Cleveland
Philip E. Hintz
Emma Wadsworth
W. E. Minshall
Mary M. Brice
Carl D. Ainger
Bouhard
Joseph Krause
General Contracting
Fred J. Nixon
Herman Larouge
Irene Grossman
Hattie Leighton
Liquid Force Company
Elyria
J. W. Roof
H. R. Edwards
Louis Sehmuerer
A. R. Champney
Julia Schmuerer
Union Elevator Company
W. C. Teagle
O. W. Trapp
Peter Unsinger
Fremont
Ohio Sang and Supply Company
Middle West Lumber and Tile Company
Cincinnati
W. 8. Sandifer
J. B. Bullock
P. N. Simon
Fred Frazee
J. P. Ees
Radcliff Oil and Gas Company
Bremen
Industrial Shares Lead With Strong Market Activity
Industrial shares led the market with general strength as Cincinnati and Suburban Telephone held firm and Gas stock traded 90 to 91 in the open market. Traction and industrial bonds were dull while local municipals sold well. money demand was indifferent with call loans at 4 percent and discounts at 5 percent.
MENTIONED IN THIS ARTICLE
Cincinnati
Cincinnati, Newport & Covington Light and Traction
New York Exchange
Unclear numeric snippet from day averages and bonds
Fragmentary OCR shows mixed percentages and bond or day figures for Kentucky Central and Miami 5s, with repeated sequences and an isolated 91 percent. No coherent event or names emerge to identify a full news item.
Cotton market steady with Lancashire troubles weighing
Cotton prices in New Orleans and Liverpool fell on Lancashire labor unrest and bad weather. Spot cotton eased to 9 1 16c middling with 2,275 bales sold and 4,057 received. futures opened lower and closed mixed in New York and Liverpool. Reports show Lancashire mills shut or curtailed output, pressuring domestic spinners and interior buyers.
MENTIONED IN THIS ARTICLE
New Orleans
Lancashire
Liverpool
New York
Lancashire Mills
Houston
de Uplands
Do Gulf
Fat Cattle In Demand Across Markets September 21 1908
Cincinnati market shows cattle receipts near 1500 with fat light cattle selling higher early then easing. hogs down 10 to 25 cents with steady packer and butcher demand. sheep and lambs steady. Kansas City St Louis Chicago Pittsburg East Buffalo New York reports follow with varied receipts and firm to steady prices, heavy hogs around 7.30 to 7.50 at several markets and cattle around 4 to 7.50 depending on grade.
MENTIONED IN THIS ARTICLE
Cincinnati
Kansas City
ST. Louis
Chicago
Commercial Tribune
Pittsburg
East Buffalo
New York
Liverpool
London
Markets in Cincinnati Grain and staple goods report
Market notes show wheat firm under light offerings with fair inquiry while corn and oats soften. Rye holds steady and flour and hay trade remain firm, whisky firm. receipts list apples, bananas, lumber, oats, cattle, oranges, cheese, petroleum, coal, potatoes, coffee, rye, corn, salt, cotton, eggs, flour, sheep, hay, sugar, bacon, tobacco, ham, lard, wool, pork, bran, hogs with quantities.
MENTIONED IN THIS ARTICLE
D.s. m
Fruits and Groceries Prices From Local Market Report
Market list shows fruits from apples to watermelons with per unit and per crate prices. Groceries and meats follow with gasoline lead staple metals and seasonal produce, including eggs, poultry, beef, and hides, reflecting a broad local trade snapshot.
Dividend Notice From The New River Lumber Co Cincinnati
The regular quarterly dividend of one and one half percent will be paid on the preferred stock on October 1, 1908 to holders of record at the close of business September 30, 1908. Dividend checks mailed to stockholders. J. E. Blaine secretary.
MENTIONED IN THIS ARTICLE
Cincinnati Abattoir Company
Cincinnati
Charles R. Hubbard
J. E. Blaine
Hooven Owens Rentschler declares 1 percent preferred dividend
The board of directors on September 19 declared a 1 percent dividend on the preferred stock payable October 1. Transfer books close September 23 to October 1, 1908. W B Mayo secretary.
MENTIONED IN THIS ARTICLE
Hooven, Owens, Rentschler Company
W. B. Mayo
Prices and receipts in grain markets across major hubs
New York reports flour receipts 19,982 bbls and exports 28,089 bbls with steady trade. Wheat at No 2 red around 1.07 to 1.08 bu, with new high records briefly but closing lower. Minneapolis and Duluth show No 1 hard and Northern wheat near 1.03 to 1.05, while Chicago area notes firm flour and steady hay. Oats, corn, and rye varying by region with mixed demand and bear crop news.
MENTIONED IN THIS ARTICLE
New York
Duluth
City
India
Continent
South America
Milwaukee
Minneapolis
Commercial Tribune
Toledo
Special Dispatch
Baltimore
Kansas City
ST. Louis
East Track
Treasury balances show available cash and gold assets
Washington reports the general fund balance excluding the gold reserve with available cash at 182,223,984 dollars, gold coin and bullion at 32,428,220 dollars, and gold certificates at 30,571,860 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Also Mentioned on This Page
United States
Sharp
Roberts, Hall & Criss
H. M. Beazell
Ticker
Yoraker
New York Stock Exchange
American Toch
British Columbia
Dominion Copper
Cone Seauripog
Eens -Ates Ences
Davis-Daly
Cumberland Ely
NEW York Mining
Bond Sales
W. B. Hutton_& Co
First National Bank
S— Co
R. I
Con
Gascv
C.& OF
Gen
Elec
U. S
New
Interboro
S— c
Wabash P. T
Saj Interboro
Ja. Cent
Cc. & R. Res
O Cc
Gasco
Icol. Ind
N. Y. City
Tob
JN. Y. City
S,n.y. City
Erie Cony
Iowa Central
N. H
Ti Interboroulos
Readies— Co. & W
New— Interboro 6S
Ctfs
Brook
N.Y
N. H. Wabash
Sophe
S— Saaeee Btu
Uvvsseeee Dupe Eol. CY
Pr. UL
West.Un. cv
Ee City
S S&s
Zelt Wette
Nor. Pac. Pr
HlAtch
I. Is
Lee Dax
Si UN
Pac
S. F
Uy Ams
Ae. F
Total
The
Cincinnati Retail Grocers’ Association
Metals
Boston Mining
Wool
Ohio
Cin
Sub
Morning Call
Kroger 2d
Procter & Gamble
Tel, Rys. and Light
Henderson Litho
Groser
Gas and Electric
Cleveland (O
Glasgow
Eistacw
Ask
Cvs
Weks
Ask. J Cin
Int. Ry
Ae Col. & Xenia
Little Miami
Columbus Ry
Col. R. &L
Tobacco
Columbia Ae
Cuyahoga
G&e
Foulds M. M
Fleisch’n Pr
Bank Atlas
Es Cent. Trust
Citizens
Globe Soap
Globe-Wer
Ham
Tool Deol
Steptoe-Sh
W. Powell
Wurlitzer
Swestern
Cin. & Ham
N&c
Ham. & Lind
Int
ECB
Southern Ohio
B. G. Et Tol
Ur. & Sn
Miami & Ger
Cadet
Gaston & M
Ocaperas
Panama
Philippine
Consol
J. J
A.O
F. A
M. N
F. A. Eeeedat Qaonaeko
Aeeee Water Works
Nees
Water Works
DYBL
J. D
Gilbert W
Hunt St. W
Hamilton County
Elizabeth Bridge
Longview
Bar, & Smith
Egan
Columbia Gas
Col.Gas
Balson
U.L.H
C.r.&f.w
Cin. Trust
City Hall
Trust
N’l
Colum, Bank & Saw. Co
Norw. First
Unity Law
Br. i Pf
C. Ia
Ind. St. Ry
Amer
Oak L
Aee - Do
Bullock
Fay & E.com
Niles B.P
C. J. Buddeke & Co
S. Kuhn & Sons, Bankers
East Third ST
Cincinnat
Fruits and Vegetables
Rockyford
Louisville
Messina
Palermo
Valencia
Georgia
Ag Plate
Cl. Moe
California
Timothy
MAN Dc
Java
Japan
Limburger Stare
Delaine
LIOBL
Ikron Crescent
Weil, Roth & CO
East Fourth Street
Baldwin
Baldwin Company
Hamilton
Werth
Cincinnati, Hamilton Dayton Railway Company
Carew Building
Thomas J. Walsh
Procter & Gamble Company
H. L. French
Sec'y
NEW River Lumber CO
Grain and Provisions
Treasury Statement
Peoria