Wall Street Bulls Overwhelm Bears Amid Market Rise
The market shows unexpected bullish momentum after weeks of bear talk as traders report full uptown offices and rising prices. Crop news is mixed yet forecasts from railroads predict bumper yields, with investors focusing on good crops as a prosperity driver. city bonds may shift to a 4 percent basis, while odd lots trading signals cautious optimism among small investors.
MENTIONED IN THIS ARTICLE
Uptown
Wall Street
Northwest
Chicago stock market gains and declines in early trading
National Biscuit advances to 91 1/2 as dividends loom at the Directors meeting next week. Commonwealth Edison shows demand while Kansas City Light dips on a isolated sale. Stocks listed include American Can Booth & Co Sears-Roebuck Quaker Oats and Swift & Co with varied moves amid a broad trading session.
MENTIONED IN THIS ARTICLE
New York Times
Chicago
National Biscuit Company
Commonwealth Edison
Kansas City Light
American Can
Booth & Co
Chicago Bys
Chicago Subway
Chicago Telephone
Ilinois Brick
Kan
City Ry. & L
Aie
National Biscuit
National Biscuit P
People’s Gas
Quaker Oats
Quaker Oats Pf
Sears-Roebuck
Sears-Roebuck Pf
Street’s
Street’s Stable Car
Swift & Co
United Box Board
Planters Move to Corner Cotton In Texas Market
Movements by the Farmers Union and allied groups in the cotton belt aim to hold back cotton to push prices higher. In Texas the plan appears to affect local pricing with New York markets showing the impact as J L Livermore holds about 39 000 bales, potentially squeezing shorts.
MENTIONED IN THIS ARTICLE
Farmers’ Union
Society of Equity
Kentucky
C. S. Bennett
Union City
R. H. Rose
Atlanta
Texas
Houston
New York
J. L. Livermore
Livermore
Broad Trading Marks Mixed Session On Philadelphia Exchange
An unusually large variety of stocks traded at the Philadelphia Exchange with irregular price movements. Rapid Transit, Union Traction, and Lehigh stocks slid while Cambria Steel and Electric Storage Battery held their own. total weekly sales reached 37,424 shares and numerous major names showed mixed quotes.
MENTIONED IN THIS ARTICLE
Philadelphia
Rapid Transit
Union Traction
Lehighs
Cambria Steel
Sug
Aliance Insurance
Aone, Railways Co
Amer. Car & Fdy
American Smelter
Bell Telephone
Brooklyn Rap
Ssly
Chesapeake & Ohio
Colorado Fuel & Iron
Electric Co
Amer
General
Keystone Telephone
Keystone Tel
Peaton
Lake Superior Corp
Lehigh Valley R. R
Lehigh Navigation I. Ce
Pennsylvania R. R
Penn. Steel Co
Pennsylvania Company
Philadelphia Electric
Philadelphia R
Phila. & Trenton
Reading
Scase Wi
Rock Island
Southern R. R
Tonopah Mining
Tonopah-Belmont
Union Pacific
Faude
United Gas Improve
United Rus
United States Steel
U. S. Steel Pl
Warwick Steel
W. Jersey & Seashore
Local Exchange Closing Prices and Bids in Colorado Springs
Colorado Springs, Aug. 5. The closing prices on the local Exchange show bids and asks for several items including Dr. Jackpot 5 percent Findlay 19 and Isabella 28, Paso 35, Portland 100, and Rawlings 9 plus minor entries. The list appears incomplete with several lines truncated.
MENTIONED IN THIS ARTICLE
Colorado Springs
Col
Jackpot
Findlay
Elkton
Isabella
Paso
Portland
European Markets Summary From London Paris and Berlin
Aug 5 London markets show abundant money and easy discounts with a quiet stock exchange. American securities firm on buoyant Wall Street, then rallying after New York open. copper shares in good demand. Paris closes firm at 96.35 francs per 100 rentes. Berlin Boerse active with firm prices.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Wall Street
New York
Canadian Pacific
Paris
France
London mining stock quotes amid yesterday market session
Quotations for American mining stocks given in London yesterday show values for Camp Bird Tomboy Dolores El Oro and Reperanca with varying figures including 8 4 and 13 pence, reflecting the unsettled trading in the London market.
MENTIONED IN THIS ARTICLE
London
Camp Bird
el Oro
Blumenthal Returns as Stock Exchange Acts on Foundries Listing
George Blumenthal of Lazard Freres returns from Europe as the Committee on Stock List orders the admission of American Steel Foundries capital stock to the list on notice of the Exchange for outstanding preferred and common stocks or certificates of deposit representing gold old stocks.
MENTIONED IN THIS ARTICLE
George Blumenthal
Lazard Freres
Europe
Committee On Stock
The
Stock Exchange
American Steel Foundries
Bond Market Leaders Seaboard and Mount Vernon-Woodberry Jump
Baltimore August 5 Seaboard 48 and Mount Vernon Woodberry Cotton Duck 5s led the local bond market with notable gains. Seaboard three year 5s and 4s rose 1 point, ten year 5s gained ½ point. Western Maryland stock block sale at 7 attracted attention with 360 bonds totaling $137 500.
MENTIONED IN THIS ARTICLE
Baltimore
Seaboard
Mount Vernon
Western Maryland
City
Ss. Brew
A & Penn. Inc
Seaboard A. L
Seab. A. L
United Rys
United Rys. Inc
Atlantic Coast Line
Maryland
Steel and Iron Revival In July Trade Gains
The Iron Age reports July pig iron production at 1,217,807 gross tons, up from June’s 1,082,131. Active furnaces rose to 161, with coke and anthracite capacity expanding, and July production reached 9,287 tons against June’s 36,444. Lake ore contracts total about 1,000,000 tons over several years, and Southern iron demand grows for pipe, implements, and foundry work.
MENTIONED IN THIS ARTICLE
Iron Age
Cleveland
Cincinnati
New England
Seaboard
American Bridge Company
Iron Trade Review
New York State
Southern Iron
Birmingham
South
Lake Sueror
Cotton Market Lowers Slightly Amid Wall Street Pressure
Cotton futures showed nervous, irregular trading with about 80 000 bales offered by bulls. Close eased 2 1/2 points on active months while near positions August and September stayed dull. Daily sales estimated at 125 000 bales as open fell to 1 6 points, October and December dipped, and January and March hit day highs. Southern spot markets including Galveston Savannah Norfolk Augusta St Louis and Houston remained mostly steady or unchanged with light sales. New York spot slipped five points to 10.75 cents middling Upland.
MENTIONED IN THIS ARTICLE
Wall Street
C.e
Norfolk
Augusta
St Uis
Houston
New York
Metal prices rise on London and New York exchanges
Copper and other metals advanced on the Metal Exchange with copper up across all grades. London spot closed at £61 2d, futures £62 5s, while Pig tin rose to £137 12s 6d spot and £138 17s 6d futures. Lead gained to £13 10s, Spelter up 2s 6d to £19, Standard foundry steady at 49s 9d, Cleveland warrants firm at 12d. New York bid and asked prices for spot delivery compared with Tuesday show higher levels across several metal categories.
MENTIONED IN THIS ARTICLE
London Exchange
Standard Foundry
Cleveland
New York Metal Exchange
Short Term Note Bid Prices and Maturities
The report lists bid prices and maturities for principal short term notes yesterday. Entries include American Telephone and Telegraph gold 5s Jan 1910 at 99 percent bid and 100 percent asked, and several railroad and utility issues with varying 5s and 6s maturities through 1911.
MENTIONED IN THIS ARTICLE
Am. Tel. & T. Co
Co. & O. Ry. Co. Col
St. L. G. Ls
R. T
L. 8
Louis
C. R. R. Golds
Norf. & W. Ry
Penn
R. R. Col
Tide, Const. Co
Exchange Stocks Report From Produce Exchange
Principal transaction reported yesterday in the stock department shows sale figures with opening high low and last prices. Branch Mint records a percentage change and price points of .04% .05 .04 .04.
MENTIONED IN THIS ARTICLE
Stock Department of the Produce Exchange
Notice of appointment of trustee for Indianapolis & Vincennes mortgage
Notice is given that the Vandalia Railroad Company successor to the Indianapolis & Vincennes Railroad Company has applied to the Marion County Circuit Court Indiana for appointment of a trustee under the 1867 First Mortgage to secure bonds of 1 700 000 dated Sept 9 1867 due Feb 1 1908 at 7 percent interest due to death of Pearce and Goddard. Hearing set Sept 7 1903 at the Marion County court.
MENTIONED IN THIS ARTICLE
Pittsburgh
Vandalia Railroad Company
Indianapolis & Vincennes Railroad Company
Circuit Court
Marion County
Indiana
Edward Pearce
William Goddard
Rhode Island
Pearce
Goddard
Vandalia Ratlroad Company
Edward B. Taylor
Dividend notices from Union Pacific and American Smelters Securities
Union Pacific declares a semi annual dividend of 2.00 per share on preferred stock and a quarterly dividend of 2.50 per share on common stock payable October 1 1908 to stockholders of record September 14 1903. Books close September 14 1908 and reopen October 14 1908. American Smelters Securities Co declares quarterly dividend 14 percent on Preferred Stock Series B payable September 1 1908 to stockholders of record August 21 1908 with books closed August 21 1908 and reopen September 2 1908.
MENTIONED IN THIS ARTICLE
Broadway
New York
N. Y
Frederic Y
Crosby
Bway
American Smelters Securities Co
W. E. Merriss
Niles-Bement-Pond declares quarterly preferred dividend
The Board of Directors of the Niles-Bement-Pond Company declares a regular quarterly dividend of 1.5 percent on the preferred stock, payable August 15, 1908. Transfer books close at noon August 8 and reopen at 10 A M August 11. Cornell, Treasurer.
MENTIONED IN THIS ARTICLE
Niles-Bement-Pond Company
New York
C. L. Cornell
Co. L. Cornell
Pratt & Whitney Company
Cy Ra Cornell
Dividends and meetings across New York firms August 1908
Multiple corporations announce stock dividends and record dates including Pratt and Whitney Company Buffalo Rochester and Pittsburgh Railway Company American Tobacco Company and United States Steel Corporation. Meetings include O Rourke Engineering and Quarterly American Institute session plus Parks and Docks notices with bid details and a capital reduction proposal.
Bonds Drawn by Lot for Mortgage Purchase Shares
The Houston and Texas Central Railroad Company announces that bonds drawn by lot from land sale proceeds will be paid at 110 percent of par plus accrued interest. The drawn numbers are listed. payment occurs at 120 Broadway, New York, with interest ceasing after September 1, 1908. President R. S. Lovett signs.
MENTIONED IN THIS ARTICLE
Houston & Texas Central Railroad Company
Frederic P. Qlcott
Farmers’ Loan & Trust Company of
New York
Southern Pacific Company
Houston @ Texas Central Railroad Company
Broadway
New York City
Houston & Texas Central Railroad Co
R. 8. Lovett
Proposals for furnishing four horizontal tubular boilers
Sealed proposals for furnishing and installing four horizontal tubular boilers at Hudson River State Hospital Poughkeepsie N Y will be received by the State Commission in Lunacy at the Capitol Albany N Y until 8 o'clock P M on Wednesday the 12th day of August 1908. A certified check of 600 is required with the bid and the awardee must furnish a surety bond of 8000. The right to reject any bid is reserved Drawings and specs may be consulted at the Hudson River State Hospital or State Architect Franklin B Ware Albany N Y Copies of plans will be provided on reasonable notice to the State Architect. Dated Albany July 24 1908.
MENTIONED IN THIS ARTICLE
Hudson River State Hospital
Poughkeepsie
State Commission
Capitol
Albany
Run River Statsospital
Franklin B. Ware
T. E. McGarr
Linacy
N. Y
Whitehall Street
New York City
Boston
Philadelphia
Chicago
New York
Quartermaster’s Department
U. S. Army
Patten
Public notice for heating system repairs across NYC precincts
The Police Commissioner seeks bids by 10 AM August 13 1908 for labor and materials to repair heating systems at multiple city police facilities in Manhattan The Bronx Brooklyn Queens and Richmond precincts and borough headquarters The notice cites detailed precinct lists and bids submitted to the Bookkeepers office under Theodore Bingham Police Commissioner.
MENTIONED IN THIS ARTICLE
Serge Hant
City OF
New York
Mulberry Street
Borough of Manhattan
Police Department of
House of Detention and
Centras
Manhattan
The
Bronx
Borough of
Richmond
Brooklyn
Queens
Theodore Bingham
City to Sell Fire Department Bonds in New Rochelle
New Rochelle announces sale of Fire Department Bonds Series 1908 with $25 000 issued in 1000 denominations dated August 1 1906. Bids due August 18 1908 at 8 pm require par value payment with certified check. delivery August 21 1908 at City Treasurer office. Proceeds fund city debt with semi annual interest and staggered redemption through 1918.
City of New Rochelle Sealed Bond Proposals 1908
The City Clerk and Mayor announce sealed proposals to purchase all or part of 22000 in registered Sewer Construction Bonds Series 1908. Bonds of 1000 each dated August 1 1908 mature three bonds May 1 1915 and annually thereafter with final 1000 payment. Bidder to pay 5 percent accrued interest to August 21 1908. Bids due August 18 1908 at 8 PM in City Hall.
MENTIONED IN THIS ARTICLE
City of
New Rochelle
N. Y
Common Council
Main
Mechanic Streets
New Ro
Bealed Proposals for New Rochelle Relief Bonds 1908
City of New Rochelle invites sealed bids for 1908 Relief Bonds worth 1000 each, totaling 145000, in 20 bonds due May 1 1910 and 20 bonds due November 20, with interest 57 cents per value paid to City Treasurer. Bids to use printed forms. accrued interest payable August 1 1905. Sealed by City Clerk William G. Rainsford on July 23 1908.
MENTIONED IN THIS ARTICLE
New Rochelle
Common Council
City Hall
Main and
Mechanic Streets
Prince
City Treas
New York
Clivery
N. Y
William G. Rainsford
George G. Raymon
New Rochelle Seeks Sale of 5 Percent Bonds
The city offers up to 1110000 in 5 percent school bonds dated August 1 1908 with 1920 first maturity and three more years of annual redemptions. Bids must meet par value and are due August 21 1908 at 10 o clock in the City Treasurer’s office New Rochelle. The city reserves the right to reject any or all bids.
Public Notice Sale of 26009.00 Indebtedness Certificates
The Common Council of New Rochelle N Y invites bids by eight P M August 18 1908 for twenty six certificates of indebtedness each 1009 issued to anticipate sewer assessments. They bear five percent interest and may carry a city option after one year. Bids to William G Rains ford City Clerk with 5 percent certified check, or cash, at par or above.
MENTIONED IN THIS ARTICLE
Common Council
New Ro
Chelle
N. Y
City Hall
Main and
Mechanic Streets
Thetate
New York
Wiliam G. Rainsford
New Rochelle
N.Y
Sealed bids sought for New Rochelle school bonds 1908
Sealed proposals will be received in New Rochelle at City Hall until Aug 25 1908 for purchase of up to 111000 in 5 percent school bonds dated Aug 1 1908. Bonds mature nine at May 1 2020 and annually thereafter with final payment 3000. interest paid May 1 and Nov 1. Bids require 1 percent certified check and par value minimum. Accrued interest and delivery Sept 1 1908. mayor George G Raymon signs notice.
Bidders sought for 500 expanded metal tree guards Bronx
The Park Department invites sealed bids for furnishing and delivering five hundred expanded metal tree guards No 1 13 for The Bronx borough and related details are available at the City Record office. Henry Smith President Joseph I Beffy Commissioners of Park.
MENTIONED IN THIS ARTICLE
Ee Ae
Department OF Parks
Arsenal Building
Fifth Avenue
Borough of Manhattan
City of New York
Park Board
M. O Phursday
Borough of the Bronx
Henry Smith
Joseph I. Bepfy
Michael J. Kennedy
Commissioners of
Park
Also Mentioned on This Page
Chicago Stock Market
Inter C. Ingeabie
Trols
San Francisco
Ceeenss
Tee
Andes
Wee Saene
Occidental
Gnas
Belcher
Ophir
Wereceet Best & Belcher
Petsae
Ceeensons
Caledonia
Saage
Elcher
Ae Chollar
Nevada
St Louis
Conal & Vasi Union
Utah
Imperial
Crown Point
Gould & Curry
Telegraph
Steee
Great Bend
Belmo Fe
Kendal
Jim Butler
Lone Star
McNamara Sesseers
Ss Montana
Wadstorm
North Star
Ives
West Beng
Oh Adams
Mietromery
Oran
Eiss
Diamonafiela Goldfield O
Buffalo
OC & Eee
Colorado & Southern Railway
International & Great Northern
Iowa Central
Minneapolis
Chicago & Et Ec
NEW York Central System
Sion
New York Central
Hudson River
Indiana &Southern
Cinelati Northern
Sowee
Chicago & St. Louis
Cincinna
Lake Erie & Western
Lake Shore & Michigan Southern
Michigan Central
Cage & St
Peoria & Eastern
Pittsburg
Lake Erie
Rutland
the Treasury Balances
Washington
Treasury
Philippine Treasury
Berlin
Foreign Public Securities
Consol Mig
Atcewacesanae
Esesesener Mh
Saxony
Hamburg
Cologne
Cscesccececnocess
British Consol
Ccceesrereeees
Lon- N.Y N.Y
Don
Anaconda
Atchison
Pacific
Paul
Erie
Illinois ‘Central
Pe & Nash
N. Central
U. Union Pacific
Ceeess S. Steel
U. S. Steel
Financial Notes
Steel and Iron Revival
Metal Market Reports
Produce Exchange
T. S
Broad Street Station
Broad Street
Cedar Street
Henry Tatnall
Pennsylvania Railroad
Herklotz, Corn & CO
William Street
Paul Schwarz
Heerklotz, Corn & CO
Lawyers Title Insurance& Trust Company
Trust and Banking
Liberty ST
FITLE
Trust and Banking Departments
Montague Street
Edwin W. Coqgeshall
Louis V. Bright
Thorwald Stallenecbt
Archibald Forbes
David B. Ogden
F. Butterworth
Pilkiny
Clare Dwin W. Armeshall
William A. Day Williamson, Julian de ‘Fairchild
John T. Lock
Henry Mongenthad
James. N. Wallace
Hornblower & Weeks, Bankers & Brokers
West 43 Street
State St
Providence
Newport
Monroe St
Hartford
New Haven
New York Realty Owners Co
Fifth AV
Ats
Ockville, Westport and North Western Railway Company
John Deaken
William F. Clare
Nassau Street
Union Pacific Railroad Company
American Smelters
SECUR
Butterick Company
Butterick
D. Wilder
Buffalo, Rochester & Pittsburgh Railway Company
J. H. Hocart
American Tobacco Company
J. M. W. Hicks
DOS
United States Steel Corporation
Richard Trimble
O'Rourke Engineering Construction Company
John F. O'Rourke
George W. Young
American Institute
W. 44Th .St
P. M
A. B. Dayton
Sec
Sixtyfourth Street
City of New_York
Ramble
Seventy-ninth Street Transverse Road
Central Park
City Record
Enry Smith
Joseph S. Berry
Commissioners of Parks
Department OF Docks and Ferries
Ivere
Pier A
Battery Place
Houston & Texas Central Consolidated Mortgage Bonds
George G. Raymond
Mayer
Uni
Willam
Rainsford
New Route