Financial Markets Rally As Stocks Hit Fresh Highs
Stocks rose strongly with many issues setting new yearly highs and large-volume trades in Reading Union Pacific and United States Steel. Market weakness in Amalgamated Copper and American Smelting contrasted with sharp gains in Metropolitan Street Railway and Third Avenue as lenders eased long term rates.
New York Stock Exchange Record of trading Aug 10 1908
On Monday August 10 1908 the New York Stock Exchange shows daily totals and closing quotes with wide activity across rails, textiles and industrials. Notable names include American Can, Amalgamated Copper, Bethlehem Steel, Chicago Great Western, and Union Pacific amid varied highs and lows.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Outside Securities Boom Renewed in Force as United Copper Surges
A renewed surge in outside securities followed last week’s boom with high trading and new yearly highs. United Copper jumped to 18% closing, trading 16,700 shares and Yukon Gold active at 5 to 6. Other Lawson stocks and copper-related names led gains while overall volume remained thinner near close.
MENTIONED IN THIS ARTICLE
Guggenheim
United Copper
Yukon Gold
State Gas
Lawson
Short Term Notes Bid Prices Close of Business
Bid prices in principal short term notes are listed with names and maturities including Chesapeake & Ohio Ry Co Interborough Rapid Transit and Pennsylvania R R. figures show bids and asks across multiple issues along with some government bonds and stock quotations. The data includes dates such as 1919 and 1915, and exchanges referencing Atlantic Coast Line and Lake Shore & Michigan Southern among others.
MENTIONED IN THIS ARTICLE
Reer & Tel. Co
Atlantic Coast Line R. R
Merton
Chesapeake & Ohio Ry. Co
Case
Indiana
R. x
Pacific Ry
Chi
Louisville & Nashville
Bey Pot
Colo Nas Hen
Eas
Gan Central R. R
St. Louis R. R
Central R. R
Calendar for today books close annual meeting note
United States Cast Iron Pipe and Foundry Co. preferred. National Enameling and Stamping Co. announce calendar items with books closing and an annual meeting noted.
MENTIONED IN THIS ARTICLE
United States Cast Iron Pipe and Foundry Co
National Enameling and Stamping Co
Money and exchange rates on the Stock Exchange
Money on call on Stock Exchange loaned at 1 1% closing at 1% Most loans at 1%. Time money rates 2% sixty days 24% ninety days 314% four months 34 3% five months 8% six months mercantile paper 84 4% sixty ninety days 4 4% four to six months single names 5% others Clearing House exchanges 128,606,442 balances 5,018,846. Debits 1,180,404. Local banks gain 1,065,000 since Friday vs 1,591,000 last week. Sterling demand 4.8645 4.8655. New York exchange Boston 15c discount Chicago 100 premium St Louis par New Orleans discount 1 to 1.23.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile
Clearing House
Sub
Treasury
Sterling Exchange
Reichsmarks
Guilders
Silver Quotations Decline in London and New York
Bar silver was quoted in London at 244 an ounce and in New York at 2c. Mex ee dollars were 4c.
MENTIONED IN THIS ARTICLE
London
New York
New York City Bonds Closing Quotations
Closing quotations for New York City bonds compared yesterday with those of Saturday. Listings include May 1957, November 1957 and November 1955 issues with bid and asked prices and percentages. Interchangeable registers and coupon or registered notes noted. Swit & Company's fresh beet sales in Newark city averaged 7.68 cents per pound for the week ending August 6.
MENTIONED IN THIS ARTICLE
New York City
Raturday
Swit & Company
Newark City
Railroads report earnings for mid year 1908
July fourth week earnings show Great Southern and others with figures for gross, expenses, and net. Entries include Great Western, New Orleans and Pacific, Georgia Southern & Florida, Kansas City Railway and Light, and Pacific Coast Company with year over year comparisons and twelve month totals.
MENTIONED IN THIS ARTICLE
Great Southern
Chicago Great Western
Ois
NEW Orleans & Se Pacific
Georgia Southern & Florida
Kanbas City Railway and Light Company
Ieee
Pacific Coast
Treasury balances report shows assets and funds
The Treasury opening today lists gold coin and bullion at 150 million dollars, trust funds to redeem outstanding certificates at 521,972,800, silver dollars of 1890 at 869, and a general fund of 190,490,748. Deposits in national banks total 129.1 million, Philippine Treasury at 448,731, awaiting reimbursement 824,799, and current liabilities 123,203,649.
MENTIONED IN THIS ARTICLE
Philippine
Treasury
Alithen Seesavne
Chicago Stock Market Activity On The Local Exchange
Special to The New York Times reports Chicago trading opened with Telephone as the most active issue rising to 141 over 139. People’s Gas advanced to 96 while several issues eased. Afternoon gains lifted Telephone toward 150 with a close near 148, and American Can shows common at 65 and preferred at 62 amid mixed list movement.
MENTIONED IN THIS ARTICLE
New York Times
Chicago
American Can
Illinois Brick
Nat. Biscuit Pf
People’s Gas
Trading in Baltimore Clears Active Rail Securities
In Baltimore on August 10 United Railways securities led gains with consolidated 4s rising and funding 5s firming. Atlantic Coast Line 4s showed strength amid widespread stock and bond activity, with notable quotes and figures for several issues including Unit Railway bonds and city bonds in the daily trading roundup.
MENTIONED IN THIS ARTICLE
Baltimore
New York Times
Baltimored
United Railways
Atlantic Coast Line
Citizens’ Bank
Con. Gas
B.L. & P. Iheisey
Houston Oil
Maryland Casualty
Union Bank
Produce Exchange Stocks Summary
Principal transactions reported yesterday in the stock department show opening high low and closing prices for items including McKinley-Carr at 0.875, Branch M Mint at 0.04, with other entries partially unreadable yet indicating mixed activity in produce exchange stocks.
MENTIONED IN THIS ARTICLE
the Produce Exchange
McKinley-Carr
Branch M Mint
Also Mentioned on This Page
Plympton, Gardiner & Co
William ST
U. S. Steel Corporation
A.B. Leach& Co
Broadway, New York
Bertron, Storrs
Griscom
Wall Street
W. Yorka
ERS
Philadelphia
Securities
N.W. Harris & CO
Bankers Pine Street
William New York
New Orleans
Ba Y and Light Co
Arthur H. Jones & CO
Cort
Broadway
W. L.lyons & CO
York Cotton
Chicago Board of Tradesville Stock Exchanges
Exchange Place
Cor
Spring
Louisville
Keller Building
St. Louis
San Francisco
A.A. Lisman & Co
Broad ST
Simon Borg & CO Bankers
Nassau St
Investment Securities
William P. Sonbright & Co
N. Y. Stock Exchange
Broad &J. London
George St
Mansion House
E. C
Colorado Springs
Colorado
Dominick & Dominick
Cartlandt
New Amsterdam Gas 5S
L. J. Hepburn
Orate Wes
Hornblower & Weeks Kers & Brokers
Sini
Boston
West
Brown Brothers & 60
Prescott Slade
Philip Boyer
Slade & Boyer
N. Y
Tel
Broad
York
LA_ROSE
Nevada
CONS
Greene
Cananea
Feweer
Nat’s Copper
Jas
British Columbia
NEW Yok
Nounb
J. Thomas Reinhardt
Exchange FL
American Smelting
Amalgamated Copper
National Lead
Amalgamated
Milwaukee & St. Paul
Reading
Southern Pacific
Union Pacific
United States Steel
St. Paul’s
Butte
St. Paul
Interborough
Financial District
Imperial Bank of Germany
Mhaig
Arte
Ange Isid
Ask
Allis-Chalmers
Allis-Chalmers Pf
Amalgamated Cop
Ky Rly
Amer
Car & Foundry
Hide & Leather
Hide & Leath
Ice Securities
American Linseed Pf
Amer. Locomotive
Amer. Smelt
Am. Smelt
Coe
Am. Smelt. Sec. Pf. B
Am. Steel
T.r
Am. Steel Fo. Pf. T.r
New
American Snuff
American Tel
Amer. Tobacco Pf
Atch
Top. & S F Pf
Atlantic Oast Line
Toe
Baltimore & Ohio
Vow
Batopilas Mining
Bethlehem Steel
Bethlehem Steel Pf. - P4ly
Brook. Rapid Transit
Brunswick City
Butterick Co.j
Canadian Pacific
Central Leather Co
al Co. Pf
Central R. R. of
N. J
Chesapeake & & Ohio
Chicago &Alton
Chicago Gt
St. P. Erts
St. P.erts
Northwestern
Chi. UN. Tr.pf.t. Ae
Clev
Colorado Fuel & Fee
Col. Fuel & Iron Pit
Colorado Southern
Col. South
Colum. & Hock C.& I
Delawae & Hudson
Denver
Rio Grande
Den
Tie Grande
Des Moines & Fr. Pate
Detroit United
Distillers’ Securities
Duluth
Dul
Erie
Shudecusace i
Sencetece
General. Electric
Great Northern Pf
G. N. Certs
Havana H Electric
Hocking Valley T. R
Illinois Central
Interborough-Met
Interborough- Met
BSI
Harvester Pf
Intern’s
Iowa Central
Iowa Central Peel A Bie
Kan.c
Ft. & NM
Kansas City South
Kan. City South
Louisville & Nash
Mackay Cos
Mackay Cos. Pf
Manhattan Elevated
Mercantile Marine Pf
Met
Mexican Central Tr
Minn
St. P& S.S
M.pf
Kansas & Texas
Kan
Tex
Missouri Pacific
Nat. Enam. & Stamp
National Lead Co
Wee Lead Co.pf
Nat. R
Mex. Pf
Erewkanee M. &S
N. Y. Central
N. H. & Hart
Norfolk & Western
North American
Pacific
N. P
Pacific Mail
Pennsylvania R. A
C. & St. Louis
Pittsburg Coal
Rep
Iron & Steel
Iron & Steel Pt
Rock Island Co
Rock Island Co Pt Seees
St. HF
Louis
St. la Southwest
Sloss-Shef. S. & Iron
Sloss-Shef
South
R’way Pf
Tennessee Copper
Texas & Pacific
Texas Pac. Land Tr
Third Avenue
Tol
St. L. & West
Twin City R. Transit
Union Bag &Paper
Union Pacific Pi
Express
Cease
Red
U.S. Rubber
Utah Copper
Va.Caro. Chemical
Buel
Vr Iron, Coal & O
Wabash
Wabash Pf
Western -Aryland
Western Union Tel
Westinghouse Ist Pf
Lake Erie
L. B
Wisconsin Central
Ou Tit
Lo Chic
Outside Securities
Heinze Stock
Tcoi Row FC
Bay State Gas
Fdy
Gas & E
Man
Alaska M. Sec
tAtlanta Golaf
Brit. Col
Butte Coalition
Butte & N
Cobalt Central
Ariz. Sm
Davis-Daly Es
Dominion
Douglas
el Rayo
Sadr Chco
Giroux
Gold Hill
Goldfield
Greene Gold
Greene Gold-S
Greene G.S. Pr
Guanasto Con
Guggen
la Rose Consol
Mex
Miami
Nip. Mines Co
Belm't
Trinity Copper
Tayra Dey. Pt
Union Mines
United Cop
Yukon G. M
STO
Virginia Ds
Iruwn Bros & B Co
Hide & L
Ice Secur
Waterborough
Skesadees
Perattia
Vin
Cscs
Soonecees
Wee
Tovacce
Caveess
Shiela
Voast
Ds & Nash
Mea
Mym
Sv & Nashv
Atlan
Balto de
Ohio
Wee Eee
Tuer
Lo Pac
Collisseuri ‘Pac Ag
LAM
Fee Weens Y
Air Brake
Ceveeseee
Ceeeers Srs
HARE
Chee
Allis-Chalmerg
Adams Fxp
Steel Fdy
British Col. Copper
Central Foundry
Chicago Subway
Cumberland-Ely
Dolores
Dominion Copper
First National Copper
Goldfield Con
Goldfield Daisy
Manhattan Nate
Greene-Cananea
Guggenheim Explor
Aees
Havana Tobacco
Houston of
S.ecess
la Rose
Mines Co
Miami Copper
Penn
Wyoming
Consol
del & H
Woo Mick Tat
Nh&hp
Enane
Cence
Zg Joint 4A
Nort Oo
Ene BO
Folk & Weath
Sevcenn Don Ries
Genelathetn Refut
Rene BE
Ccecca
Boy
GOD
Chica Thor R. & N
Cece Avenue
Boo Oceanic
BSG Oo & EB ‘Inc
Seae
Teading Gen
Teading
SB Tl ‘& Sfirr
Ccsee
Vccgeeet
Hrie Cony van
Gal, H
Lep
ueDo Cc
Interboro
Uuu
Eogen Goles
Pac
Sera
Ewes
Necwesaks Oley
Lemlanes
OGO Erie Duc Rion Pac
Tole Tion Pac
Venee Esas
Ceeee
Cscaceee
Ceeees Bof
S ‘Steel Corp
Cseere
Ce Eee
DFE
Beenee Eens Yeees Eaesee
Wes
Tota
Sas
Apesae
Shawnee
Ingh
el & M Si
Beech Ee
M.-S. T.pf
Ain
Nat B. Pf
R. R. R. Pt Il
Sts
C. O
Sm. D. Tel. A
F. Pf
Ann Arbor
Or. M. Aie
Ran Av. Ne
SF Aah
Stoc
Lake
Long Island
Mah. Co
Man, Beach
Mer
Consolidated Exchange
Bui
Ronda
Pete
Oa -Ban
Brook
R. Can Pac
Ches
Chio
Col
Corr Products
Dist 'Securitie
North” Pr
Gt. Nor. & O
Louis, & Nash
Nat
Norf.& West
Nor. Paci
People's Gas
Presa
Rep. Steel
Rock Island
Rock Isl
South. Pac
South. Ry
Texas Pac
Union Pacc.ci
U. S. Rubber
S. Steel
U. S. Steel Pf
Utah Cap
Iz Uy
Antasy
Atlanta
Ratopilas
Blue, Bell
Comstock
Comb. Frae
Diamondfield
Little Chief
Mont. Mount
McNamara
Ophir
Red Hill
Tonopah
Pittsburg
Crucible Steel
Ind. Brewing
Vee
Ind
Brewin
Sereen Es Seve
Interior Mining
Ohio Fuel
Mfrs
Licht & Heat
Steenweeees
Pittsburg Brewing
Pitts
Iver Coal
Seeees
River Coal
Ross Mining
Bewer Pipe
Esasessee
Shone Eeseceres
Union Switeaneee
U. S. Steel
Westingh
Elec
Pitts, Brewing
Money and Exchange
Washington
Chicago Stock Market
Mariu
gSu
Fru
Produce Exchange
Guardian
Trust Company OF
Frank W. Woolfc
George W. Fairchil
A. EB. G. Goodridge Lathrop C. Haynes
Alfred M. Barrett
Lamar Ross
Transactiover and Trust
Fulton
OF New York
M. Fweergti
Wilson
L. B. Wilson & CO
Wall ST
N.Y