Financial Markets Drift Amid Light News and Optimism
A quiet trading day on the Stock Exchange saw volume fall by about 200000 shares with prices hardening slightly. Banks boosted reserves, copper rallied after declines, and Brooklyn Union Gas resumed dividends 2 percent, while the currency and loan figures showed modest increases as markets sentiment firmed.
MENTIONED IN THIS ARTICLE
Stock Exchange
Washington
Inter-State Commerce Commission
Brooklyn Union Gas Co
York City
Proposals and Dividends Note 1908 Notices
Mixed notices from the Office of Federal Mining and Smelting Company and Minneapolis & St. Louis Railroad about dividend declarations and bond coupon payments. Also bids invited for machinery at Augusta Arsenal Georgia and construction of barracks at Fort Hancock New Jersey with deadlines in February and March 1908.
MENTIONED IN THIS ARTICLE
REPUBLIC IRON ‘& STEEL_ COMPANY
Republic Iron & Steel Company
Tsk
Rownd, Secy
And
Treas
Federal Mining and Smelting Company
L Renedaway
New Yorks
J. Kilner
Minneapolis & St.louis Railroad CO
Central Trust Company
Wall
Augusta Arsenal
Augusta
Georgia
Fort Hancock
N. J
U. S
M. N. Falls
Money and exchange rates on a busy trading day
Money on call on stock exchange loans ranged around 1 percent with last rates near 1 percent. Time money offered at 3 4 percent for sixty days and higher for longer terms. Clearing House balances stood at 12.8 million with a 772 thousand treasury debit. sterling and continental rates cited with various discounts and premiums across major hubs.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile Paper Rpc
Clearing House
Sab
Treasury
Sterling Exchange
Continental Ilis
Frances
New York
Boston
Chicago
St. Paul
St. Louis
New Orleans
San Weapisco
Silver Quotations and Mexican Dollar Prices
Bar silver in London closed at 25 5 4 d per ounce and in New York at 55 7 5 c per ounce. Mexican dollars quoted at 47 14 c.
MENTIONED IN THIS ARTICLE
London
New York
Treasury Funds and Liabilities Update in Washington Ledger
Treasury report shows national banknotes received for redemption totaling 1.4318 million, internal revenue receipts 707,057, customs 796,420, and miscellaneous 53,174 dollars. Gold coin funds stand at 150,000,000 with trust funds and outstanding certificates totaling 828,048,869 and current liabilities at 117,594,760. Deposits in fractional banks reach 236,795,286 and Philippine Treasury awaiting reimbursement sit at 3,488,304.
MENTIONED IN THIS ARTICLE
Washington
Felon
Chicago Stocks Fall on New Issue Terms
Chicago market watchers noted a decline in Chicago Telephone stock to 113 from 113 1-2 after the announced terms for new stock subscriptions. Other listed issues such as Canal and Dock and Swift showed mixed trading, with notable activity in American Can and Chicago Subway. The report covers bid, last, and volume details from the New York Stock Exchange on February 21, 1908, and lists assorted investors and price movements.
MENTIONED IN THIS ARTICLE
New York Times
Chicago
Ts Light
Swift
Chicago Telephone
Anal & Dock
Asueme
Hicago Subway
Ees
Chi. Tel
Chi
National Bisct
Street
Swift & Co
United Box Board
Copper shares firm as Amherst acts buoy market
Copper stocks led gains in early Boston trading with strong demand for Amalgamated, Calumet & Arizona, and Copper Range while Butte group and Old Dominion rose. railroad earnings and metallic trade figures filled reports across multiple lines, highlighting market activity and sector strength.
MENTIONED IN THIS ARTICLE
New York Times
Boston
Amalgamated
Calumet & Arizona
North Butte
Butte Coalition
Old Dominion
Transactions in Bonds on New York Syccr Exchange
On Friday bonds were listed with sterling loans in various issues. Notable items include a 24 series Tama bond at 953, Mexico 4s at 49,000, and City des 1957 when issued at 17,000. Several issues show percentages and 1917 when issued details, with totals around 100,000 and 100% values for Am Cotton OH 4s and Am Tobacco OS.
MENTIONED IN THIS ARTICLE
Bell
Eesti Ee Peknee Rg & cv
West
Boston & Albany
Boastowd & Providence
Fitchburg
Pt Es
Mass. Electric Pf
Union -Pacific
West End
New England
Western U Miscellaneot
Agr Chemical
Mergenthaler
Pullman
Seattle
Elec
Swift Po
United Fruit
United Shoe
U. S. Steel
Va Mining
Adventure
Oth — Amalgamated
Allouez
Eres Ori
Anaconda Ss
Seer
Arcadian Eee
Arizona Commercial
Atlantic
Suweset Ees i
Wes
Bingham
Bonanza
Butte Coalition
Aia Dele
Cal
Area
Ie Bie
Haeda
Daly-West
Elm River
Franklin
Greene-Cananea
Isle Royale
Mexico
Michigan
Coal & Coke
Nevada
North Butte
Ace
Old Dominion
Osceola
Parrot Wee Ewes
Quincy
Shannon
Superior
Sterl
Brown Bros — Coctis
Car & F
See -Mo
Pacific
Central
Pacific Mail
Pennsylvania
Rock Island
Union Pacific
Irs S. Steel Os
Sie. S. Steel Pf
Balakiala
Diamondfield
Eliston Ete Mist
Hale & Nor
Portland
Red Hill
Sierra Nevad SA
Sandstorm Eeee
Tramps
Union
Comstock
Outside Securities Rise in Copper Markets 1908
Market notes show outside securities advancing as copper issues gain strength amid firmer metal prices. Active mining stocks like Greene-Cananea Coal and Heston Consolidated led gains while Cumberland-Ely and Nevada Consolidated held near opening levels.
MENTIONED IN THIS ARTICLE
Metal Exchange
Greene- Cananea
Butte
Coalition
Heston Consolidated
Cumberland-Ely
Nevada Consolidated
Clearing House banks report rise in reserves and deposits
The weekly Clearing House statement shows reserves up 5.12 million and surplus up 1.62 million from last week. Total deposits across member banks fall slightly by 166,200 with loans and circulations also adjusting, while non-member banks and trust companies display varied increases in deposits and reserves in the city.
MENTIONED IN THIS ARTICLE
Clearing House
Inc
Ast
Nceecetencees
United States
Pius
Toons Ccecscereseseres
Hoa Pan
New York City
Superintendent of Banking
Copper and metal markets rise on New York and London exchanges
Copper and other metals gained on the New York Metal Exchange with bid and ask prices advancing across grades. London spot and futures rose as well while pig tin and lead priced higher. warrants and various mining and utility stocks show mixed movement.
MENTIONED IN THIS ARTICLE
Metal Exchange
Lake
London
Standard Foundry
Middlesborough
New York Metal Exchange
Local trading fair for street railway securities in Baltimore
Baltimore markets show fair activity with street railway stocks advancing. Norfolk Street Railways gain three points while other notes include Gottlieb-Buernschmidt Straits Brewing and United Brew issues. Prices and bonds cited with varied figures across several local securities.
MENTIONED IN THIS ARTICLE
New York Times
Baltimore
Norfolk Street Railways
Gottlieb-Buernschmidt Straits Brewing Company
Eer
Market Report From Philadelphia Averages Largely Steady
Prices were extremely dull with most stocks showing little change at close. Total sales reached 17 344 shares as activity remained subdued in a steady session in Philadelphia.
MENTIONED IN THIS ARTICLE
New York Times
Colorado Springs closing quotations on local exchange
The New York Time reports Colorado Springs prices with mixed bids and asks on several securities including Acacia, Gold Dollar, Doctor, Portland, Johnson, Kinney, Dante, El Paso, Isabella, and Vindicator. Quotations show narrow ranges with several items at fractional percentages.
MENTIONED IN THIS ARTICLE
Colorado Miningee
New York
Colorado Springs
Shore
Acacia
Doctor
Portland
Diay
Johnson
Kinney
Gio Dante
el Paso
Isabella
Also Mentioned on This Page
State Street
the Rookery
Republic of Cuba
West Indies
A.B. Leach & Co
Broadway, New York
Redmond Ac
Philadelphia
Chestnut St
Pine St
W.l.lyons & CO
New York Stock Exchange
Chicago Board of Trade
Jaconieville Stock Exchange
Exchange Place
Ay York
Broadway
COR Flatiron
Sville, KY
Keller Building
N. W. Harris & GO Pine Treet
Over
William New York
R. R
Schmidt & Gallatin
N.Y
Sap
Plympton, Gardiner & Co
William St
Brown Brothers & Co
Pliad ‘Phia
Fulton Trust Co. OF
Nassau ST
Henry C. Swords
H. H. Cammann
H.W. Reighley
C.M. Vankleeck
Guaranty Trust Co
Ste. Capital
Sureins
John W. Castles
Cail
Plist, Av Uwava
F. H. Davis
The
Money and Exchange
the Treasury
Chicago Stock Market
Krom
EUS
Correspordng Diate
Wey
Wig
Peay
Got
Pert
Nti Nteé So
Mexi
Hye
Betes
Een Saenae Av
Unli
Rk Ni
Norta
Ua Narther
Hart
Ifie
Perea Ges A-Ak & S
Ike
Stern
S. Steel
S. Steel Pt
Rees
Rys
Rys. Ins
Caro. Chem
Abash
Estern Union
Estinghouse KE
M. Heel
L. E
Isconsin
Hase
Ani
Lily
Cop
Sete Amer
Agricul
Amer
Tce Securitic
Sivel Founty
Am Steel
Suger
Amer Pobacco
Baltimnore
Baktisian Opper
Fisatepilys Ning
Brock i Transit
Brooklyn al Gas
Tay Entra
Ohio
Paul
Colorado
Col & Iron
Consalida
Del
Denver & Ai
Denver & Pf
Distillers Neuratie
Erie
Sug F
Chang
Boston Stock Market
Mexntic
Milea
Natio
Milcarr
Hones
Queel
July Monta Queer
Moa
Pittse
Gross Worki
Pan
Railway OF Mexico
Alabama
Southern
Detroit
Toledo & Ironton Ann
Chicago’ S
Texas Pacific
Duluth
South Shore
Hidalgo & Northeastern
Ron Rieck
AL Railroad OF Mexico
ING &L.ake Erie
Cincinnati
Chicago & ST. IS
Susquehanna & Western
Wilkesbarre & Eastern
Oper
Lackawanna Ad
Gr. Sales & Eee
Den
Pittsburg
Salez
Las
Crucible Steel
Crucible
Light
Pitts
Stind
Cabie
Union Switch Tee
CNL
Syccr Exchange
BARMP
T&s
ter-Metro
Foe
Outside Securities
Ee M.& Co
Hs Lai K& Ta
Fo Pacific Col Bs
DOW
Ches
Iil F
L &E
Aun A
St Paul
Elites
Trust Co
Hier Pre Ony
Laniarh
Colo
St Othe
AML
WIS
Cme
Col Mistrand
St Ee i. Se
Leony
Industrials
OM. Ray
Man Tran
Tutte Coalition
Butte & N
Ariz
Sm. S
Wwtenco Co
Fur
Faelitfell
Greene-Can
Greene G-S
Gruana
Gueg
Yeepwana -Milemac
M. Co
Am. - Mont
Stapler
tSan Toy
Tol
St. L & Aea
Aioe Basen Aimee
A'S
Eess
Lyn Ferry
Lly i
Ral
Ely
Ty -Daly Mining
Serene Bese
Ty Lion
ny-Cananea i
Genheim
Anhattan
Kinley-Darragh
Hiemae
O. of America
Fitchell Mining
Evada Wopper
Tandard Milling Pf
Consolidated Exchange
Produce Exchange
Agee
Ater
Mint
Dars
Srisoe
ASTE
Wired
Gohl
Geid
Arene Hee
Nanejuato Colines Co. of
Avis Nite
Daly
Hilis
Wanklin Mills Pf
Standard Asbet
Aspec
Panama
Adams
Allis C. Pf
A. A
E. Pf
W. Co
Agt
Veret
M. Eas
Matics
Sada
Tel
Ut. Pf
Fen
Hev
Hock
Tae
er.-Rand
A -R
T.-M. M. Styone WM
M. R. Co Pt
Jnam
Tock
Ry. St. Sp
BO. S
Ot Ee ‘Ac
VW & W
L. Lwio
E.R. R
Pf. Vv
Fotfier
R. R. Vulcan
Beaver Sup Min Ltd
Treadwell Alaska Ae Helewr
Manhattan
Columbia
Rion Copper
al Bilves
Tre
Sibraltar
Old Bar
Fontgromerr
National Bank
Cumberland-Fevada
Black Goldfield
Goldfield
Floreat Pendumbo
Ives
aMeoie Mhinway
Fenia
Anopah Minins
Pas
Balt. & Mhar B’g
Sav
Fla. & W. Bs
West N. Caro
Norfolk St. Ry
S.cor
Unite
Ry. & Dev
Northern Central
Maryland
Citizens' Bank
G. S. B. Brewing
Houston Oll.s
Sevenseeces
G. We
Pracres
Anaconda Copper
Bell Telephone
Brooklyn
Cambria Steel
Elec. Co. of America
Shy Ae
Broad Top
Lehigh Valley R. R
Lehigh Nav. T. c
Penn. Steel Co
Philadelphia Electric
Phila
Ranid Transit
Philadelphia Traction
Pelmoent
Tonopah Mining
Union Traction
United Cos
West Jersey & Sea