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Newspaper

New York Times

Location

New York, New York, United States of America

Date

Jul 07, 1908

Page

10

Markets surge as stocks rise on short covering and grain gains

A turbulent trading day ended with broad stock advances led by Union Pacific Reading Northern Pacific and American Smelting as short covering fueled gains amid renewed demand. Grain futures rose on state crop reports while money and foreign exchange markets remained firm with lower Berlin and Paris discount rates.

Wall Street Ohio Missouri Berlin Paris

New York Stock Exchange Trading Data July 6 1908 Summary

Market activity shows extensive listings across railroads, steel makers, copper, and utilities with large volumes and varied prices. Key names include Pennsylvania Railroad, Reading, United States Steel, Union Pacific, Southern Pacific, and Western Union among others. Unlisted prices noted from prior close, with numerous percent changes and fractional quotes.

Utah Copper Pennsylvania -R Co. & Bt Beuages Gcg St. DB Pittsburg Coal Cee Steel Carps Pullman Company Reading Bernestet Rep Iron & Steel Iron & Steel Pe Rock Island Co Rock Island South Mis Texas & Pacific R’ways & Light Union Pacific Eveceeace United Rys United Rys U.S. Cast

London copper and metals close higher with mixed gains

Spot copper rose 1s 6d and futures up 5s from last Friday. Closing quotes: spot £56 17s 6d, futures £57 10s. Pig tin steady around £125 53 and £126 10s. Lead firm at £12 10s, spelter down 5s to £18. New York Metal Exchange spot bids and asks show small moves versus Friday with copper and lead near steady.

London New York Metal Exchange

Transactions in Bonds Imply Japanese Government Debt Trends

A dense list of bond issues and prices from various issuers and series shows ongoing activity in government and corporate securities. The document catalogs defaults, yields, and maturities across multiple U S and international entities, indicating broad market engagement.

Outside securities curb rally as mining stocks advance

The curb market showed limited stimulation from change improvements, but mining issues rose late and closed higher. Boston Copper and Nevada Consolidated led gains with 2,600 and 2,000 share transactions, while Cumberland Ely and Butte Coalition posted modest improvements.

Stock Exchange Boston Copper Cumberland-Ely Butte Coalition Greene-Cananea Nevada Consolidated

Quotations and mining stock quotations from a historic page

A fragmented OCR page presents quotations for stocks and mining shares. It lists prices and changes for Rio assets including Diamondfield Goldfield Lone Star Mohawk Extension and Homestake among others, alongside general market figures and miscellaneous numbers.

Diamondfield Goldfield CG Lone Star Reg Lille Ccccsee Sccseses Ob &Tatson Tesseileace Agroad Montgomery Mtn

Calendar for Today Dividend Payable Annual Meetings

Pittsburg Fort Wayne and Chicago Railroad on regular stock announces dividend payable and annual meetings. Osceola Consolidated Mining on Tilly Foster Iron Works confirms meeting notice and related financial actions.

Pittsburg, Fort Wayne & Chicago Railroad Osceola Consolidated Mining Tilly Foster Iron Works

Money loan and exchange rates on the Stock Exchange

Money on call loans on the Stock Exchange ranged around 1 percent with most loans at 1 percent. Time money yielded 2 percent for sixty days, 2 1/2 percent for ninety days, and higher for longer terms. Mercantile paper rates quoted up to 8 percent for sixty and ninety days. Clearing House showed exchanges of 263,745,297 dollars and balances of 18,671,759 dollars. Local banks secured a gain of 1,413,000 dollars since Friday. Sterling exchange was dull near 4.8685 to 4.8710 per dollar. Continental bills quoted for francs, reichsmarks, and guilders with various premia and discounts. Exchange on New York at Boston gave 20 cents discount, with premiums in other cities.

Stock Exchange Mercantile Clearing House Ubs Treasury Sterling Exchange Reichsmarks New York Boston Chicago St. Paul St Louis New Orleans Bank San Francisco

Silver Quotations Change as Markets Report

London quoted bar silver at 24% per ounce and New York at 54c. Mexican dollars were at 46c.

London New York

Chicago Stocks Edge Higher On July Exchange Moves

Chicago Telephone climbed to 186 midday and 135 in the afternoon, Biscuit preferred rose 21 percent to 85, Commonwealth Edison at par after a 100 percent sale, South Side Elevated up 2 to 55, and Box Board preferred steady at 8 after a 3 sale.

Specifil New York Times Chicago Chicago Telephone Biscuit Preferred Commonwealth Edison South Side Elevated Box Board Commonwealth-Edison Swift & Co United Box Board United Box Board Pf

New York City Bond Close Shows Varied Latest Quotations

New York City bonds closed with mixed quotations yesterday compared to Friday. Interchangeable coupon bids and asks ranged around 104 percent while registered prices showed varied readings from roughly 99 to 101 percent.

New York City Cece Novi V.ceve Ct. Ae Se

Produce Exchange Stock Report Highlights

Transactions reported yesterday in the stock department of the Produce Exchange show opening, high, low, and last prices for several entries. Branch Mint and Swift & Company’s fresh beef sales in New York City for the week ending Saturday, July ath, averaged 8.98 cents per pound.

Stock Department A Produce Exchange Swift & Company New York City New York Chicago

Stock market closes strong with mining leaders leading gains

Special to The New York Times from Boston reports a vigorous market close with mining stocks Amalgamated North Butte Greene Cananea Boston Consolidated and Butte Coalition among the leaders. Gains visible in Union Pacific and the Steels as well.

New York Times Boston Amalgamated North Butte Greene- Cananea Boston Consolidated Butte Coalition Union Pacific Steels U.S N. Y New York

Baltimore Bond Market Rises with Rail and Seaboard Demand

The Baltimore bond market shows firmer prices as high grade issues lead gains. United Railways incomes and Seaboard securities advance with Mercantile Trust and local bonds also moving higher amid strong sales.

New York Times United Railways Seaboard Mount Vernon Mercantile Trust

Trading activity and mixed gains amid steel stocks

Special to The New York Times from Philadelphia notes early brisk trading then quieting demand. Cambria Steel Lehigh Navigation Trust certificates and Union Traction rose before retreating on realizing sales. Rapid Transit firm at first then eased. Reading and United States Steel heavily traded by arbitrage dealers with total 22,984 shares.

New York Times Philadelphia Cambria Steel Lehigh Navigation Trust Union Traction Reading United States

York and Hoboken Bonds Offered by Brokers

Brown Brothers & Co offer at par 3.4 million first mortgage thirty year 5 percent York Penn Railways bonds part of a 10 million issue redeemable at 110 on any interest date R M Grant Co Nassau Street offers investors several high grade municipal bonds including 200 000 West Hoboken Hudson County New Jersey 4 percent coupon bonds maturing 1938

Brown Brothers & Co York, Penn. Railways Company R. M. Grant & Co Nassau Street West Hoboken Hudson County N. J

Grain and Provisions Market Update Signals Strong Prices

Bullish news boosted wheat and corn markets with limited profit taking. Prices rose in Liverpool and Berlin while Missouri state reports showed lower condition for winter wheat. Interior receipts and visible stocks shifted lower, new wheat arriving from Southwest, and export demand steady. No. 2 corn in New York held around 82 to 85 cents with mixed elevator and afloat quotes.

Liverpool Berlin Missouri Duluth New York

Treasury balances report from Washington July 6

The Treasury at start of business shows reserve fund of 150 million in gold coin and bullion, trust funds to redeem outstanding certificates 818 million, silver dollars 74.259 million, total assets 1.207 billion, general fund 191.39 million, national bank deposits 162.482 million, Philippine Treasury 8.404 million, awaiting reimbursement 1.105 million, and current liabilities 124.921 million.

Closing quotations on Local Exchange rates listed

Colorado Springs auction column lists closing bids and asks for several stocks. Entries mention portsland Isabella Dante Elton Paso Rawlings Work and prices like 105 106 6 66 and 23 380 with various cents. The brief reflects market quotes and the format used in the era.

Colorado Springs Col Portsland lIsabella Dante Ellton Paso Rawlings Work

Pittsburg Transactions Special to The New York Times

The Pittsburgh market report lists local transactions and prices in steel and related stocks. Crucible Steel and Westinghouse common and preferred shares appear alongside U.S. Steel and Pennsylvania utility issues with bid and ask figures noted.

New York Times Pittsburg Iily D.& Print Crucible Steel Mfrec Saght Mt. Trittle Ohio Fuel Pitts. Consolidated Steel Steel Pf Westinghouse A. B West Elec Pennsylvania Penn

Also Mentioned on This Page

NEW York Stock Exchange DE Onrs Sanies Eeneene Corse Eeeeee Eeets Seresssse Tal Sales Allis-Chalmers Amalgamated Cop Amer Fca Dany Am Agricul Am. Locomo. Pf.exc Amer. Smelt Am. Smelt American Tel Tel Baltimore & Onlo Baltimore Batopilas Mining Jad Brook Central Leather Co Canadian Pacific Central R. R Chesapeake & Ohio Chicago & Alton Western Pf. B St. P St Paul Ibs Mil. M Btae Hi Ox. & Seb Certs Paid Northwestern Wee Rere Union Tr.t.r.sta Chi Tr. Pf.t.r a/ Cleyv Colorado Fuel & Iron Colorado Southern Col. South Feneeee Eace Delaware & Hudson Detrot United By Distillers’ Securities Erie Ee Eee Iq Erie Wea Sccsencaes Fed. Sugar General . Electric Granby Consol Great Northern Eaera G. N. Certs Homestake Mining Illinois Central WSI Ilinois Central Wome Interborough-Met Harvester Pf International International One T Steam P. T Iowa Central Kansas City Soutetee Keokuk & D Lousville & Na Manhattan Elevated Mexican Central T. R T. BR M.pf Kansas & Exas Missouri Pacific Eaiesaca National Biscuit Newhouse M Seee Ee Ee Y. Air Brake Gent & Western N. Pacific Consolidated Exchange Metal Market Reports Salas Atiis-Chalmers Supp Dy Det Locomoe Am Sea Wees Son Wit T.&s& Fr Balt Brook R. T Can. Pacific Ches. & Ono M. & Stp Col. B. & Levee Erie Os Gt. North Inter Inter.Met Lou, & Nash Pacific Nat. Lead N.Y. Centralio N.Y Oo. Joan Nor. Pacific Norf. & West Pacific Mail Errr Rep. Steel Rep Steel Pt Geeee Eek Mpacific Railway Pemas Pacific U 20 Atlanta Elkton Eesee Ac Ae Mont, Mt Ees Ontario North ‘Star Joo -West End I. G Ina Reece Atchison Sacrecces Medee Mass Afeény Union West End American Creansyacu Gh Cumberland Ortoweges New England Am .Ag. Chem. Pé Pneu. Sen Vt Ceed Zane Aes Mergenthaler Cot Ara Sae N. E. Cot Pac Eta Dea Pullman Eeseseseee Seattle Iy Seers Seattle Hleo Swift & Aera Ccees United Eesesewe Sae Shoe Eenereee Bt Pf Wit Soeil ii Mining Anaconda Atlantic Ariz. Com Binghamson Ee Essere Bonanza Boston Con Fee la Salle Norf & Wn Nort & Wn Ceewress Seb Ac Ag Toe Lore R & M Ee Atlet Balt” & O Vane Cee TM Novnece UN Eist Ceenaee Nene Ceenes Peerapes N . Cen Mls Fundg Werseces Speen Seraves SOM Um Aly Oss Eee P & Sx Gan An & Ar P tLe Sanrro South Pac L& L Ryaida Us Kings L&p Eepas Ceeseeres IDO. Oon Seeveee Jnion Paconv Seewews Wroacesee Enannse Pitts Cesace Saateer ITIL Hesce Heel & L Geneeereaas Outside Securities Subway Alaska M. Lee British C. Cop Fl. Bur Gogittiod Bera Hgebalt Gentral Ariz Cumb Ely Min Dominion Fe el Rayo Joes Hee Giroux Mining Gold Hill Goldfield Con Ae Daisy Reene Gold-S Mex P Mines Co Te Butte Ephan Behn Wyoming Sweden Ibe Jsclmsonc Yukon Gold Acker, Merrall & Condit Allis - Chalmers Beth. Steel Skea Sphanestee Neewaver Brit. Col. Copper Eevs S Butte Coalition Cere Cobalt Central Ccevs Chicago Subway I. Davis-Daly Sere Wenree Dolores Ltd Cease Nee Nat. Copper Ominion Cesee Goldfield Com Ccosnes Goldfield Daisy Coos. A Greene-Cananea Weet li Greene Havana Tobacco Havana Tobacco Pf Manhattan Transit Miemac Mines Miami Mines Co. of America McKinley-Darrag Penn-Wyomi United Copper Wukon Wong Od Fs Ari A Inger.Rand R. Pf. Swinter Int P. Pé Fowa C. Pr L &M M. Pi K&d Bane Lea Cal Tollowstree Julie Saesses Kentucky Cmee Andes Aeaersehee Belcher Smvazs Acceecweeer Choliar Iti Sag Belcher Sierra -Nevada Cal & Va Oi Imperial Qinién Ceess Ae Crown Point Utah Sas Gould & Curresces Hale & Norcross Elegraph Jim Butler Eeessee- Midway Montana Tonopah Goldfield Adams Atiania Oli A.B. Leach& Co Broadway,new York Bertron, Storrs Griscom BA @ Street ERS Land Title Building Securities W.l.lyons & CO New York Cotton Exchange Chicago Board of Trade Louisville Stock Exchange Exchange Place Broadway Cor TIRON Ilville Keller N.W. Harris & CO Bankers Pine Street William New York Schmidt & Gallatin Investment Securities N. Y. Stock Exchange Carpenter William St New York Stock and Baggot & Co., x Margin Conservative Investments Ever & CO Aren Barkers Wali St Hornblower & Weeks Bankers & Broke New York & Boston St. Joseph Broad St Simon Borg & CO Bankers Nassau St Investment Securities Dominick & Dominick Griswold See Point New London William P Bonbright & CO Ferock Exchange George St Colorado Mansion House ER. C Tucker, Anthony & CO. Bankers and Brokers York Broad Street State Street LE. B. Wilson D. M. Ferguson L. B. Wilson & CO Consolidated Stock Exchange of Wall ST Fulton Nassau Street Lawyers Title Insurance & Trust Company Liberty Street Manhattan Montague Street Brooklyn Washington Trust Company Postal Money and Exchange Chicago Stock Market BONDS Produce Exchange Boston Stock Market Wee A. T. & SF Aera Pat Ig St. P. O C. Bs Car. & North United F Con. Gas Maryland Mechanics’ Bank Lest Wee i A Am. Rus. Co Ecnccas Cambria Iron Brooklyn Elec. Co Lehigh Valley Ctfs Lehigh Nay Nort Pennsylvania Penn. Steel Co. Pf Uv -Phila. Electric Phila. Rio. TD SS .Phila. Traction Er Bot Reading -Tonopah Union Traction Ois Eer Cos Serene Financial Notes Grain and Provisions Treasury Washington Colorado Mining Stocks The Pittsburg Transactions Trust Company OF Frank W. Woolworth George W. Fairchild A. E. G. Goodridge Lathrop C. Saynes Alfred M. Barrett Lamar Ross Fort Scott & Gulf Curtis Congress St
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