Financial Markets Rally Late As Stocks Rebound From Lows
Markets closed higher after a morning slide and late short covering. American Smelting led gains with about four points, while rail stocks like St. Paul and Northern Pacific posted advances. Union Pacific and Southern Pacific announced June earnings shifts with cost cuts offsetting some losses.
New York Stock Exchange Prices Acknowledged in 1908 Session
Unclear market quotes show daily activity with numbers and codes, including unlisted entries and varying price figures for multiple securities. The fragment notes volumes, bid and ask markers, and percentage figures amid a historic trading day on Monday August 17 1908.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Copper Stock Movements Show Irregular Decline Amid Few Rises
Copper shares fluctuated with a general drop in prices, trading volume was light overall. Nevada Consolidated led activity by moving 10,000 shares and closing at a high, while United Copper rose on about 3,100 shares. Standard Oil declared a regular quarterly dividend but traded only one share. The outside market featured mixed results across mining and industrials with several listings showing small gains despite the broad downward tendency.
MENTIONED IN THIS ARTICLE
Nevada Consolidated
United Copper
Standard of
Greene
Gr. G
la Rose
Miami
Micmac
ML. Co
Fmont
Mount
New
Nev
Sm Bo
Penn
Toearch
Lim
Stewart
Tri-Balliol
Union
United
Cop
Utah Apex
Yukon Gold
C. H
Col
Epicer
Tel & Te
Fe & Tel
Wes
Atchison Setae We
Boston
Albany
Heaston
Union Pacific
New England
Amer. Agri. Chem. Chen
Am. Agri
Amer
IGS
American Woolen
General Electric Es Ee Ly
Mergenthaler
Seattle
Swift
United Fruit
United Shoe
Steel
Sess
S. Steel
Wee Enee
Afiventure Waco
Amalgamated Tis
American Zinc Sane
Og Ag
Arcadian Ee Ee
Ariz. Com
Bingham Sere
al Ass
Boston Consolidated
Poston & Corbin
Butte Coalition
Gas
Arizona
Calumet & Hecla
Bay Centennial
Daly West
Nee OS
Elm River
Franklin
Granby
Greene- Cenanea
Isle Roy
la Salle Water
Massachusetts
Parrott Perelis
Phoenix
Santa Fe
Shannon Ween
Tennessee
Trinity
1St
States Oil
U S
United Copper Sare
Utah
Utah Copper
Ris
Winona
Wolverine
Wyandotte
Financial Bond and Stock Quotations Provide Market Close
The record shows bid and asked quotes for bonds and stocks with closing prices and notable listings. Major names include Lake Shore, Mer Marine, and United Copper with varied percentages, while several large issues and city or company securities are noted among the week’s end quotes.
MENTIONED IN THIS ARTICLE
ISO
Lou
Lake Shore
Man
Beach
Dong Island
Caley Man
rai _ Mer. Marine
Mer
Calendar for today books close dividends payable
National Railways of Mexico on preferred. American Linseed Co. Mines Co. of America. Dumois Nipe Co. on preferred. Norfolk and Western Railway on preferred.
MENTIONED IN THIS ARTICLE
American Linseed Co. Mines Co. of America
Dumois Nipe Co
National Railways of Mexico
Norfolk & Western Railway
Money Market and Exchange Rates Report
The sheet shows on call money at 1 1 4 percent with most loans at 14 percent. Time money ranges from 2 percent for sixty days to 81 percent for six months. Mercantile paper rates and clearing house figures are listed. Bond and foreign exchange quotes cover sterling, francs, reichs, and city cash discounts at various U.S. centers.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile
Clearing House
Sub- Treasury
Terling Exchange
Reichs
New York
Boston
Chicago
St. Paul
St. Louiis
New Orleans
San Francisco
Silver quotes drift in London and New York markets
Bar silver was listed in London at 93 11 16 per ounce and in New York at Blige. Mexican dollars traded at 4 cents.
MENTIONED IN THIS ARTICLE
London
New York
Produce Exchange Stock Quotes Reported Yesterday
Principal transactions in the stock department of the Produce Exchange list opening, high, low, and last prices. The report shows Cres Ol & L with figures 52 and 45 in the sequence, reflecting the day’s activity.
MENTIONED IN THIS ARTICLE
Stock Department
the Produce Exchange
Cres
Ol & L
Short Term Notes Bid and Ask Prices at Close
The notice lists bid and asked prices for principal short term notes as of yesterday for issues including American Telephone & Telegraph gold 5s January 1910 Atlantic Coast Line RY gold 5s March and others from Chesapeake & Ohio Ry to Tidewater Construction Co. ctts 6s with various maturities and par values.
MENTIONED IN THIS ARTICLE
Chalmers
Tate
Aus
Ant and Ely
Dolores
Sete
Dominion Copperences
Oldfield
Uggenhein
Fanhattan Transit
Wiemac Mine
Ona . Lines Co
Bee
al Fen
Wycoming
Wee Tandard
American Telephone & Telegraph A Co
Atlantic Coast Line R. HK
Chesapeake & Ohio Ry.o. Col
Buber Agyd
Chicago & Western Indiana
R. Sorp
Chicago, Rock Island & Pacific Ry
Cleveland
Cincinnati
Chicago & St. Louis
Interborough Rapid Transit
Ceasseceyaae
Ake Shore
Michigan Southern R R. Gold
Louisville & Nashville
R. R. Gold
Michigan Central
R. R. Goldli
New York Central
Hudson River
I R. R. Gold
Norfolk & Western Ry
Pennsylvania
R._R. col
Seaboard
SEO
Tidewater Construction Co
Standard Oil declares quarterly dividend of six dollars
Standard Oil Company yesterday announced a quarterly dividend of six dollars per share, the same amount as this quarter since 1905, continuing the long pattern of forty dollars per share annual distribution. Swift & Company reports Fresh Beef sales in New York for the week ending Saturday the fifteenth averaged 7.35 cents per pound.
MENTIONED IN THIS ARTICLE
Standard Oil
Standard Oil Company
Swift & Company
New York City
Railroad Earnings Reported For August And Year To Date
Detroit Toledo and Ironton shows 1st week August earnings 5 5 9 35 245 304 and 1 July 1 August 7 totals 151 053 177 931 26 878. Twin City Rapid Transit reports 1st week August 132 635 123 036 597 and year to date totals 8 684 1443 520 733 163 411 increase.
MENTIONED IN THIS ARTICLE
Detroit
Toledo
Ironton
Twin City
Buffalo
Rochester
Pittsburg
Weeee O
EAN Awha
Ratland Ratlroad Company
Sean Eee
Ewes Ee
Mos. Net
Mos
Toledo & Ohio Se
Frederick Dorr announces failure on Stock Exchange floor
The failure of Frederick Dorr of Los Angeles, California, is announced on the floor of the Stock Exchange. Dorr joined the Exchange on June 28, 1906 and has no outstanding contracts in New York. Also noted is the admission of Farmers' Loan & Trust Company interim certificates for first and refunding mortgage 4 percent bonds due 1943 of the Delaware & Hudson to quotation in the unlisted department.
MENTIONED IN THIS ARTICLE
Frederick Dorr
Los Angles
Cal
Stock Exchange
Dorr
Exchange
New York
Farmers’ Loan & Trust Company
Delaware & Hudson
The
Chicago market News Chicago Telephone shares rise and Com Edison slips
Chicago trading mixed as Chicago Telephone advances to about 145% while Commonwealth Edison falls to around 104. National Biscuit goes ex dividend showing a small net loss with a 116 13 price. South Side and Swift shares ease with modest declines. Overall market close shows only slight changes.
MENTIONED IN THIS ARTICLE
New York Times
Chicago
Commonwealth Edison
National Biscuit
Swift
TAM, Garcot
Subway
Seele.Srey
Chi Wel
Wlevecwes
Edison
Diamond Match
Nat. Biscuit
Street's Stable Car
UT Ot South Side FL c
Swift & Co
Baltimore Market Leads Trading in Stocks and Bonds
Special to The News York Times from Baltimore on August 17 reports Bay State Gas and Mount Vernon Woodberry Cotton Duck 3s rallying early before pulling back. Houston Oil and other bonds and rails show varied moves with prices posted for 1,209 shares and £17,000 in bonds. lists include United Ry, Consolidation Coal, Farm & Merch, Northern Central, and Union Bank with mixed results and recent highs and lows.
MENTIONED IN THIS ARTICLE
Baltimore
News York Times
Mount Vernon
Houston Oil
Cotton Duck
TOM Tom
Bono
G. B.S. Brew
United Rys. Inc
Bay State Gas
Consolidation Coal
Farm
Merch
Houston of
Northern Central
Union Bank
Treasury balances and bank deposits reported in New York Times
The Treasury begins today with a reserve fund of 130 million in gold and bullion, trust funds totaling 831 million, and silver dollars of 1800 valued at 1.324 billion. Deposits in national banks stand at about 129.7 million, while current liabilities total 424.1 million. In Boston trading, North Butte and Amalgamated rose, with overall market strength. a foreclosure suit seeks 2.5 million on Passaic Steel Company of Patterson, N J.
MENTIONED IN THIS ARTICLE
Treasury
Washington
Giasige
Scenveces
New York Times
Boston
North Butte
Amalgamated
Futte Coalithon
Trinity
New York City Bond Quotes From Weekend Trading
Closing questions of New York City bonds show bid and ask prices for Saturday and yesterday. Listings include bonds from 1957 1967 1930 and others with coupon and registration notes, various maturities, and yields across percent ranges.
MENTIONED IN THIS ARTICLE
New York City
cNov
JOO
TNS
Eestine
Hilt
Wy Why
aOotv
Doak Is
Feraesco Odi
Ltd
Also Mentioned on This Page
Plympton, Gardiner & Co
N. Y
Bayonne,n.j
A.B. Leach & Co
Broadway, New York
Bertron, Storrs
Griscom
Wall Street
Philadelphia
N.W. Harris & CO
Bankers Pine Street
William New York
W. L.lyons & CO
New York Cotton Exchange
Board of Trade
Uisville Stock Exchange
Exchange Place
Broadway
Cor
Schmidt & Gallatin
Illinois Central
N. Y. Stock Exchange
William P. Bonbright & Co
Broad &J. London
George St
Mansionpeace
E.C
Colorado Springs
Simon Borg & CO. Bankers
Nassau St
Investment Securities
Dominick & Dominick
Cortlandt
Browk Brothers & CO
Michiganee Co
le F.hepburn
L. B. Wilson. Co
M. Ferguson
L. B. Wilson & CO
Consolidated Stock Exchange of
Wall ST
Thomas Gibson Corn Exchange Bank
Office
Central Trust Company
W. G. Oakman
University Club
X Board & Paper Coral Trust
Trust Company of America
United Sex Board & Paper Co
Sidney Mitchell
Thomas L. Raymond
Mines Company OF America
D. Tooker
Coasi
Amalgamated & A
National
York Central
St. Paup
Great Northern
Northecific
Southern Pacific
Unioncific
Reading
Harriman Pacifics
Southern Pact
Dan Thich * the
New Anday
Ted
Wun
Aene
Aes
Allis-Chalmers
Allis-Chalmers weeee oli % | i 11% ? 85 nm 3014 + 204) Allis-Chalmers pf
Amer. Agricul
Soa
American Consere Ence
Car & Foundry
Car & Found
Baltimore & Ohio
Batopilas Mining
Bethlehem Steel
Brook. Rapid Transit
Ve Rep
Butterick Co
Canadian’ Pacific
Central Leather Co
ORTE
Cent. Leather Co
Chesapeake & Ohio
Chicago & Alton
Chicago Gt. Western
West
Mil. & St. Paul
M. & St. P. Certs
Wee Ee
C_.M
St.p Pf.crts
Aid
Chi
Denver & Rilo Grande
Erie
Erteene
General Electric
Saeee
N. Certs
Interbborough-Met
Interborough-Met
Harvester
Kan. C
Kansas City
Louisville & Seen
Mackay Cos
Mackay, Cos
T. R
Minn
St Louis
Kansas
Texas Va
An.& Tex
Missouri Pacific
Nash
National Lead. Co
Newhouse M
IMAM
Central
St le
N. H. & Hart
Northern Pacific
N. P. Reds
Pacific Mail
Tewe
R. R
People’s Gas, Chi
Pittsburg Coal Oe
Pittsburg Coal Pf
Ao Pressed Steel Cadeve
Way Steel SpEtne
Iron - Steel Steee
Tron & Steel Pf
Rock Island Co
Seeee
Southern R Way
Texas
Pachias
Texas Pac
Third Avenue
St. Js. & West
Union Bag & Paper
Union Pacific Estes
S. Rubber
Caro
Caro Chem
Wabash Ze
Wabash Pf. Ee
Westinghouse FE
J. E
L. E
Wisconsin Central
Beeve
Wss
Livib Ant
Rio
Hoye
Outside Securities
Standard
ATL Road
Chicago Subway
Alaska M. Sec
Boston Copper
Buttle & M
Fl Son
Davis- di Tv
First
Florence
Sara
New York ST
OCK Exchange
Cowal
Joan
Cuba
Interborough
Ye - Manh
Atlan
Bkly
Tecoeesee
Lou M.S S
K & Yeas
Netee
Osca
Wes Nee Sloe
Assa
Sre
Cen
Ches
A C.F
wZashvy
Tal
Eceae'ee
Los
Am A
Lyn. Pac
Rtp
SBS Sweeceuss Ant
Cp Eveeies
Nee
Ea. F
Esly Te
Fexa Tex
Uta
Om. Co. Co
Allis
Yntal
Amr RW
Renee
Steel Corp Sine Fund
Wa. Wa
Oe Iy
Titish ‘Ul
Money and Exchange
Produce Exchange
Ann Arbor
Mos. Net Inc
United Railwate Ae
ST. Louis
Wean
Consolidated Exchange
Owen
Allis-Chaim
C & Fdy
Ohio
St. P
Colee I
Wweree
Paes Eeene
Erle Tees Ory
Y. Central
St. Car
Rep. Steel
Byrai
Rock Island
Union Pac
Ye S. Rubber
U. S. Steel
Wabash
Wabash Pf
Atlanta
Weer
Batopilas
Best & B
Mo Com
Elkton Saeeee
Paso
Golds
Goo. Wold
Daisy
Wldf
Flor’ce
Ophir
Ae P. Lil Pick
Financial Notes
Chicago Stock Market
Boston Stock Market
Trenton
William Blanvelt
United States District Court
Passaic Steel Company
Aterson
N. J
Cruc. Steel
Cruc Steel Pf
Bress Veweee Ee
Pittsburg Consol
Steel Ae
S. Steel See
Westinghouse
New York Times UK
United States
M. Railways Co
Bell Telephone
Cambria -Brooklyn Rapid Tran
Steet
Wee Iy
Dist Securities
Electric Co
Ind
Union Trac
Lake Sup. Corp
Lehigh Valley
Lehigh
Norristown
Ae Mewcee
Selec
Phila
Rapid Trans Nead
Philadelphia Traction
Rep
Iron & Steel
Belmont c
Nion Tarific Seceeaaio
Union Traction
Guardian
Trust Company OF
Vice Press
Ust
Jess
Fulton
Nassau
Manhattan
Montague Street
Brooklyn
Washington Trust Company Postal