Financial Markets Firm Undertone Amid Wheat Rise and Lower Call Money
Financial markets showed a firm undertone with call money at 0.75 percent, the lowest since August third week. Wheat prices rose in Chicago on news of crop damage in the Dakotas and Minnesota, while copper futures advanced on the Metal Exchange.
MENTIONED IN THIS ARTICLE
Northwest
Chicago
Dakotas
Minnesota
Stock Exchange
Missour
Intz Paper Company
Atchison
Metal Exchange
New York Stock Exchange Early Trading August 3 1908 Summary
The New York Stock Exchange activity on Monday August 3 1908 shows total sales of 573,235 shares with numerous listings across Amalgamated Copper to Union Pacific. Key quotes include Amalgamated Copper at 78 bid, 184 ask. American Can and American Car & Foundry trading around steady to slight moves. notable movers include Copper and Steel stocks, railways like Baltimore & Ohio, Illinois Central, Union Pacific, and Western Union. overall market breadth mixed with varied price changes and many pf share figures.
MENTIONED IN THIS ARTICLE
Juan
Amer. Agricul. Chem
Car & Foundry
Car & Found
American Cotton
Bu Bay G
Hide & Leather
Hide & Leath,pf
Amer
Ice Securities
Am. Smelt
Eee
Am. Smelt. Sec. Pf. Ee
American Tel
Tobacco Biois
UBT
Atch
S. F
Wake
Baltimore & Ohio
Batopllag Mining
Bethlehem Steel
Butterick Co
Central Leather Co
Central Leath. Co. Pt
Chesapeake & Ohio
Chicago
Gt. Western
Chi. Gt
M. & St.P.pf
Chi
Northwestern
C. U. Tr. Pf
St-Li
Coloans Fuel & Oes
Colorado Southern
Col. South
Consolidated Gas
Tata
Cripple Creek Cetral
Cripple Creek
Delaware& Hudson
Denver & Rio Grande
den. & Rio Grande
Distillers
Duluth
Erie
Eaewa Swaees
Federal M. &S
Great Northern
G. N. Certs
Illinois Central
Ill. C
Interborough-Met
Intern
Harvester
International Paper
Iowa Central
Kansas City South
Kan. City South
ATY
Mackay Cos
Sperete
Manhattan Elevated
Mercantile Marine
Mexican Central Ctis
St. Louis
St. P
S.M
Kansas
Texas
Mo. Kan
Newhouse M. A
N. Y. Central
N. H. & Hart
N. Y
Ont
West
Norfolk
N. P's
Rep
Steel
On & Steel
Rock and Co
Rock and OP
St. Jc &G
Sloss- Jhef
Riway & Fyant
Tol
St. L
U. S
S. Steel
Va.-Caro, Chemical
Va.-Caro. Chem
Wabash
Eyee
Western Maryland
Western Union Tel
Estinghouse BE. & M
Wheel
Lake Erie
Theel
L. E
Ches. & Ohio
Col
Eenee
Inter.-Met
Inter-Met
Mo. Pac
Nor. Pac
Penn. R. R
Reading
Rep. Steel Eee
Rep. Steel Pf
Rock Island
Rock Isl. Pf
Pac
Y. Eee
So. Ry
Texas Pac
Union Pa
Rubber
U. 8. Steel Pf
Utah
Wabash 1
Wabash Pf
Atlanta
Batopilas
Best & B
Com
Frac
Con. C. & Va
Diamondfield
Elkton . Sees
Bend
Goldf
Daisy
Jim Butler
Kendall Seers
Ophir
Ontario
New York Times
Stock Exchange
Herp & Co
Booth & Oe Whiseias
Chicago Ry
Ars
Title & Trust
Commonwealth Edison
National Biscuit
Nat
People’s Gas
Covene
Quaker
Sears-Roebuck
Street’s
SNK
Street's Stable Car Pt
South Side Elev
Swift & Co
Eine He
United Box Beard
United Box Board of
Pittsburg
Crucible Steel
Brewing
Light & E Heat
Ohio Fuel
Pittsburg Brewing
Pitts
Pittsburg Coal Pe
Pittsburg Coal P
Pittsburg Coas
Ross Mining Co
Standard UN
U. S. Steel of
Ind. Brewing
Philadelphia Prices Highlight Dull Market On August Meeting
Consolidated Exchange report from Philadelphia dated August 3 1908 notes a firm undertone but dull trading with price changes insignificant. Leaders remained unchanged while Keystone Telephone and General Asphalt drew attention. total sales 16 086 shares.
MENTIONED IN THIS ARTICLE
Philadelphia
New York Times
Lehigh Valley
Keystone Telephone
Transactions in Bonds Mixed Securities Market Listings
A lengthy fragment lists bonds and notes from U S and regional issuers with prices, yields, and trade notes. It references Virginia companies, New York issues, utilities, railroads, and banks with varied 1908 dated entries and several price points.
Outside Securities Lead Copper Shares Higher On Active Trade
Copper stocks extended gains with Nevada Consolidated Cumberland-Ely and Miami Copper among leaders as market strength persisted through yesterday. The session featured fair volume and notable activity in Sarah Cooper, with government bonds and various industrials and mining issues showing mixed but generally firm quotations at the close.
MENTIONED IN THIS ARTICLE
Nevada Consolidated
Cumberland-Ely
Ee A
Miami Copper
Sarah Cooper
Copper shares hold steady as Boston stock market closes
Boston August 8. Local copper shares remain in demand with little decline after trading. Greene-Cananea active, up to 154s. Butte Coalition bought heavily, to 23. Calumet & Arizona and Copper Range gain a point before profit taking trimmed gains. Other issues show nominal changes and the market closes steady with light stock available.
MENTIONED IN THIS ARTICLE
New York Times
Boston
Greene-Cananea
Butte Coalition
Calumet & Arizona
Copper Range
Commodity prices quote silver and Mexican dollars
London bar silver stood at 24 18 16d per ounce and New York at 52 14c. Mexican dollars traded at 45 cents.
MENTIONED IN THIS ARTICLE
London
New York
Calendar Item Notes for Today and Company Meetings
Daily calendar lists annual meetings for Charlies H Bellows Co and La France Copper Co. Dividend on Norfolk & Western payable on August 18 to stockholders of record this date.
MENTIONED IN THIS ARTICLE
Charlies H. Bellows Co
la France Copper Co
Norfolk & Western
Money and Exchange Rates on the Stock Exchange
Call money collateral loans on the Stock Exchange ranged around 1 percent with most loans at 1 percent. Time money offered at 2 percent for sixty or ninety days, 8 percent for four months, and 4 percent for five to six months. Mercantile paper rates included 34 to 4 percent for sixty and ninety days' indorsed bills receivable and 4 to 5 percent for names. Clearing House balances showed a large debit. Sterling exchange quoted for demand and sixty days, with cables. Continental sight bills listed for francs, reichsmarks, and saters with bid asks. Exchange on New York from several cities varied by discount or premium.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile
Clearing House
Sterling Exchange
Reichsmarks
Saters
New York
Boston
Chicago
St. Paul
St. Lopar
New Orleans
San Francisco
Call Money Drops to 34 Percent in Bankers’ Watch
Call money on the Stock Exchange fell to three quarters of 1 percent the lowest rate this year and the lowest since August 1904. Banks’ surplus funds show the 1908-04 high in 1904 and the current low, with bankers predicting 5 percent as a ceiling for the rest of the year.
MENTIONED IN THIS ARTICLE
Stock Exchange
Imperial Bank of Germany weekly statement released
Berlin report shows cash in hand down 78.9 million marks while loans rise 32.8 million and discounts increase 30.0 million. Treasury bills fall 20.0 million, notes in circulation up 63.98 million, and deposits decrease 60.91 million.
MENTIONED IN THIS ARTICLE
Berlin
Imperial Bank of Germany
Treasury
Railroad earnings figures for several carriers June 1908
Earnings and costs across lines show gross and net revenues for Atchison Topeka and Santa Fe Minneapolis St Paul and Sault Ste Marie Norfolk and Western and others. Notable figures include Atchison Topeka net earnings 2 375 974 for June and 26 549 236 for twelve months and Norfolk and Western net twelve months 4 393 892 with higher surplus.
MENTIONED IN THIS ARTICLE
Atchison, Topeka & Santa FE
Minneapolis
ST. Paul & Sault Ste. Marie
Norfolk & Western
Closing quotations on the local Exchange in Colorado Springs
Local market quotes list bids and asks for Elkton Golden Cycle El Paso Acacia Isabella Consolidated Pharmacist Dr Jackpot Portland Dante Vindicator Goollar with fractional percentages and prices. Reflects closing prices from August 8 noting limited liquidity and small trades across mining and chemical stocks in the Colorado Springs exchange scene.
MENTIONED IN THIS ARTICLE
New York Times
Colorado Springs
Col
Elkton
Golden Cycle
el Paso
Acacia
Isabella
Consolidated
Pharmacist
Dr. Jackpot
Portland
Dante
Goollar
Boston Bank Statement Decrease in Loans and Deposits Reported
Boston reports the weekly statement of the Associated National Banks of Boston for Aug 1 showing declines in loans and deposits. Highlights include circulation 10,577,000 and deposits 160,699,000 with reductions across several balance items and a general decrease in the bank’s reserve and surplus figures.
MENTIONED IN THIS ARTICLE
Boston
New York Times
Associated National Banks of Boston
Treasury figures show reserve fund and general balance
Washington Aug 8 The condition of the Treasury at opening today lists the reserve fund in gold coin and bullion 150 900 000 trust funds to redeem outstanding certificates gold coin 5 date oecbususeadese silver dollars 4 002 000 total 1 307 761 509 general fund deposits in national banks 129 etc waiting reimbursement current liabilities 129 657 Wb)
MENTIONED IN THIS ARTICLE
Washington
Treasury
Secese
General Fund
Etek
National Banka
Philippine Treasury
Also Mentioned on This Page
Plympton, Gardiner & Co
Buamtone
Ond
Ok Exchange
Will Et ST
U. $,. Steel Corporation
A.B. Leach& Co
Broadway, New York
Bertron, Storrs
Griscom
Wall Street
ERS
Securities
New York City
N.W. Harris & CO
R New Yoork
W.l.lyons & CO
New York Stock Exchange
New York Cotton Exchange
Inicago Board of Trade
Louisville Stock Exchange
Exchange Place
Broadway
Cor
Flatiron
Louisville
Keller
Schmidt & Gallatin
Illinois Central New Stock Scrip
N. ¥. Stock Exchange
National Starch
Milliken Brothers
Duluth Edison
Impson Securities
Queens
Lt. & Power Co
A. A. Lisman & CO
Broad Street
Denver & Northwestern
St. Ae City
Elec. Ry
Hornblower & Weeks Bankers & Brokers
New York & Boston
St .Tucker, Anthony & CO
State Street
B. Wilson
D. M. Ferguson
L. B. Wilson & CO
Consolidated Stock Exchange of
Wall ST
Brown Brothers & CO
Baltimore
William P. Bonbright & CO
N. Y. Stock Exchange
New
Kenry Broad St. Fondon
Georg Mansion House
Cne
Gack
Colorado
Dominick & Dominick
Corthanat
Griswalc
Eastern Point
New London
Conn
Simon Borgh& CO
Bankers
Nassau St
Investment Securities
American Nitrate Company
Ball & Whicher
Fulton
TRUST
Nassau Street Lawyers Title Insurance & Trust Company
Liberty Street
Manhattan
Montague Street
Brooklyn
Washington Trust CompAny Postal
Undertone
Comstock
Consolidated Exchange
Nbria Iron S.eceees
Mbria Eteel
Ntral Leather
Jesapeake & Ohio
Ion. Trac. of
N. J
Distillers’ Securities
Electric Co. of
Flec
Stor
Butte
Frank. & Southwark
Lake Superior Corp
Lehigh Vailey
Lehigh Nav. T. c
Marsdén
Eis Ae
Ruvathos
Steel Co. Ps
Adelphia Co
Adelphia Co. Pf
Philadelphia Electric
R ‘Ding
Ding Sd-pf
St. Pass
Vnopah Wining
Fonopah Belmont
Union Traction
e.United Cos
Cece
Warwick Steel
Westmoreland Coal
Peneepe- Wessids
Acre c
Illinois
Virginia Brow
City
Dinvervenesso
I Trust
St Louis
Taft
Ins & Tex
Lissouri Pac
Ccebsee T
Eeees
Eee Fassau Electric R
Atla
Bkly
Eeeteesa Coast Line
Eewes Wee
Northin
Een Ceremy
Penn
Cen
Sence
Stavl
Jan Frr
Ds Nese
Cen Trust’ Co
Ich- Cove
Ceec Sr
Rai
Pawemf
S$ Steel Corp
Witch
Pitt
West Shore
Outside Securities
United Copper
Helnze
Panama
Adams
Allis-Chain
Allis-C. Prt
ALCL
CG. O
Tel Raha
Iso S
Lweee
Bay State Gas
Man
Subway
Alaska M
Goldfield
Boston Copper
Brit. Col
Butte & N. Y
Ely
Davis-Daly
First Nat. C
Rie Ble Bnaig
Gtrour Mining
iGold Hill
Fgold
Greene-Can
tGreene G
la Rose
Miami
Micmac Mines
Rewae
Cuz
Sa Central
Earl One
Gio Sid Sul
Vw. Ls Cen
Yavan Heus
Bouse
Daisy Rold
Silv Rold
Silvananea
Tobacco Tobacco Ml
Chicago Stock Market
Ase
Det
Av. Ev
T.lov v. EL Ry
B. R. of
Hock
Yu Hock. V
R. Pf
Asl and
Ais. & N
He. C. R
Beach
Pant Pf
B& P Rys
Otis Penstan
Standar Oil United Copper
Union
Yukon Gold
Allis-Chalmers
W. i
Esceve
Os Butte Coalition
Ant Sentral Foundry
Yobalt Central Ee
Cumb-Ely
Davis-Tanene
Dolores
Boston ST
Low
Mechinai
Boston Elevated
Boston Suburban
Boston & Albany
Mass
Bleu
Union Pacific Cccweee Bhd
West End
Pamioticar Cccee
Eens
Am. Ag. Chem
Sti Am. Ag. Chem. Pf . WW. Mich. Sa
Woolen Pf
Vedisam
General Electric
Greeuscape
United Fruit
United Shoe
United States Steel
United States’ Steel
Stent Pau
Dic
Parrot
Quincy Rhode
Santa Ff
Shannon
Superio Fencera
Scereenees
Ecserst
Eure Eeee
Haacomar
Umet & Ay
N. Mercur
Elm River
Franklin
DR. Savesweee
Niom
Esaess
Tepeeawek We Ryt
Stisk daceeamesdUe
Hk Ae
Money and Exchange
Bank of Germany
the Treasury Balances
Ier
Guardian
Trust Company ‘of
Frank W. Wool
George W. Faireh
A. E. G. Goodrids
Lathrop
Haynes Alfred M. Barrett
Lamar Ross
Ge and Trust