Financial Markets Show Irregular Trading as Profits Rise
Stocks closed with mixed results after Monday’s sharp upturn as traders book profits and cover short positions. Steel shares led gains on strong demand, while wheat eased on favorable market news and anticipation of the government crop report.
MENTIONED IN THIS ARTICLE
Stock Exchange
Denver
Bryan
United States Steel Corporation
Treasury
U S Steel and Rail Shares lead 1908 market run
Stock quotations from the New York Stock Exchange July 7, 1908 show U S Steel and related steel and railroad issues at the forefront. Major gains by Interborough Met and Kanawha & Michigan tracts accompany varied activity across utilities and manufacturing concerns, with many rails and coal firms edging higher amid a broad market mix.
Wall Street Mining Stocks Mixed in July 7 1908 Trading
Consolidated Exchange shows varied Movements across miners and industrials with Amalgamated Copper Anaconda and U S Steel among leaders. Trading notes list prices for Nor Pacific and Reading while Bond quotes pace NY market on Monday.
Bond Transactions Reflect Mixed U S and Foreign Issues
A scanned 1908 bond ledger lists United States 3s and various issues from Cuba, Japan, and European lenders. It notes volumes, prices, and dealers like Adams Express, with totals of several hundred thousand dollars and a July 7 sale date.
Annual Meetings Note for Osceola and Lincoln Safe Deposit
Calendar item lists today as the books close for meetings of Industrial Alcohol Co Osceola Consolidated Mining Co and Lincoln Safe Deposit Co with shareholders and stakeholders urged to attend or submit proxies.
MENTIONED IN THIS ARTICLE
Industrial Alcohol Co
Osceola Consolidated Mining Co
Lincoln Safe Deposit Co
Money and Exchange Rates on the Stock Exchange Money on call and time money rates listed
The report lists money on call at 1 1 percent with last loan at 134 percent and most loans at 114 percent. Time money quotes 15 34 2 percent for sixty days 24 214 percent for ninety days 2% 25 percent for four months and 3 31 percent for five months. Mercantile paper 3 44 4 percent for sixty and ninety days. Indorsed bills receivable 4 64 45 percent for four to six months single names and 5 percent for others. Clearing House balances total 121 524 5 percent. exchanges 201 999 657. Sterling and continental exchange quoted with various premiums and discounts among New York Boston Chicago and other cities.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile
Clearing House
Treasury
Sterling Exchange
Continental
Frances
Reichsmarks
Guilders
Exchange
New York
Boston
Chicago
St. Paul
St. Louis
New Orleans
Commercial
Bank. We
San Francisco
Silver quotations in London and New York markets
Baraliver was quoted in London at 24 18 16d per ounce and in New York at 58 54c. Mexican dollars were 4fc.
MENTIONED IN THIS ARTICLE
London
New York
Major U.S. railroads report June mileage and year totals
The table lists mileage figures for railroads including Detroit & Mackinac Georgia Southern and Florida Louisville and Nashville Missouri Pacific Missouri Pacific Central Branch Rio Grande Southern St Louis Southwestern Southern Railway Texas and Pacific Toledo St Louis and Western and Wabash for the fourth week of June and for the year to date July 1-June 30. Totals cover gross and net earnings and expenses across 1907 1908 and 1909 era reporting.
MENTIONED IN THIS ARTICLE
Detroit & Mackinac
Georgia Southern & Florida
el Sale
Louisville & Nashville
Magirtin A Ees
Missouri Pacific
Central Branch
Rio Grande Southern
ST. Louis
Aoe
Southern Railway
Texas & Pacific
Toledo
ST. Louis & Western
Mmilenee
Wabash Railroad
Igtoss Coe Scie
Wee Hae Ieee
Grain and Provisions Wheat and Corn Market Report
The bull movement stalled amid outlooks in the Northwest and Canada. Primary arrivals day at 324 000 bushels, down from 427 000 year ago. No. 2 red wheat 99 cents at elevator, No. 1 Northern Duluth 1.19, No. 2 hard Winter 1.08 FOB. Corn prices edged lower on weather and strong Chicago receipts, No. 2 at 1 1/4 to 1 1/2 dollars elevator or 2 0 FOB. Liverpool and Berlin price shifts noted.
MENTIONED IN THIS ARTICLE
Northwest
Canada
Liverpool
Berlin
Duluth
Chicago
Chiceco
Market Update from the Produce Exchange Stock Department
Principal transactions yesterday in the stock department of the Produce Exchange report opening high low and last prices. Sales show Branch Mint at 03 percent, 08 percent, 024 percent, and 02 percent respectively.
MENTIONED IN THIS ARTICLE
the Produce Exchange
Copper and metals rise on New York and London exchanges
Copper prices across metals markets gained with Lake and electrolytic advancing to around 12.60 to 12.87 cents on the New York Metal Exchange. London spot rose 23 6d, futures up similarly. Lead and spelter held firm or advanced with spot and futures closing higher versus Monday.
MENTIONED IN THIS ARTICLE
Lake
London
Pigtin
New York Metal Exchange
Tintegen Ta Ee
Cotton Market Declines on Weather and Cables
The cotton market opened steady then weakened due to adverse cables and poor South spot reports, finishing down 4 to 17 points. Spot cotton eased 10 points, with middling upland at 11.20 and middling Gulf at 11.45. Southern markets showed mixed to dull activity across Mobile, Savannah, Norfolk, Augusta, St Louis, Houston, Memphis, and New Orleans with modest declines.
MENTIONED IN THIS ARTICLE
Liverpool
Cosses
Gulf
Mobile Easy
Savannah Dull
LLC
Norfolk Quiet
Augusta Easy
St. Louis
Houston
Treasury balances at start of business
The Treasury began today with a reserve fund of 150,000,000 in gold coin and bullion. Trust funds to redeem outstanding certificates show gold coin 225.05 million. General fund 188,707,429. Deposits in National banks 162,889,919. Philippine Treasury 3,140,907. Current liabilities 124,376,083.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Ccs
State Banking Department Disclaims Ties to Circulars
The State Banking Department disclaims any connection with circulars to Mechanics on Traders' Bank depositors urging support for a reorganiza tion plan. The messages bore John T. Cole Exa miner on unmarked letterhead. Cole is with Cole & Swasey, with no Department link. The department says no bank examiner promotes depositor approval of resumption plans.
MENTIONED IN THIS ARTICLE
State Banking Department
John T. Cole
Cole
Cole & Swasey
Accoutarts
State Per
Also Mentioned on This Page
Knauth, Nachod & Kuhne
William St
Leipzig
Germany
Ek Exchange
Pouch & Company
New York Stock _Exchange
Wall St
Cleveland & Pitsburg R. R. Co
Pennsylvania R. R. Co
A. M. Kidder & Co
N. Y
New York Stock Exchange
Cram, Mulliken & CO
Bankers
Congress St
Chas. H. Jones & CO
Broad Street
Rector
United Lead
Borden's
American Brake Shoe & Fery
Wells, Fargo & Co. Express
Park & Tilford
Mechanics & Traders’ Bank
Frederic H. Hatch
United States
Broad
Broad &T
Adams & Company
Wall Street
N. W. Halsey & CO. Bankers
Philadelphia
San Francisco White & CO
Pine Street
John
American Steel Foundries
Swartwout & Appenzellar Bankers
Pine St. N. Y
Dohn
Nmkcurdy Henderson & Co
Aces
Ie Dua Investment Securities
N. Y. Stock Exch
Lex Cotton Exchange
Wardwell & Adams
Broadway
Manhattan Hotel
14Th St
Kinge County Etec
Greek Central Ry
American Chicle Ptd
Willard & CO
Hanover
Broad St
B. Wilson
D. M. Ferguson
L. B. Wilson & CO
Consolidated Stork Exchange
Denver & NO. Western
L. PF
Hepburn
Pol Eces
National Bank of Cuba
of Cuba
Goodman & Co
Conservative Investments
Ever & CO
Moffat & White
Nassau St
New York City
J. Thomas Reinhardt
Moston
N.Y
Lilma
Interborough-Met
Asa
Sted
Interborough Met
Intern
Harvester
International Paper
Iowa Central
Ates
Kanawha & Mich
Kan
City South
Louisville & Nash
Manhattan
St. .Louis
St. F
St. P
S.M
Kansas & Texas
Tex
National Biscuit Co
Nat. Biscuit Co. Pf
National Lead Co
National Lead Go. Pe
Newhouse M. & S
New York Central
N. J. Tel
Ont
West
Norfolk & Western
North American
Northern Pacific
Izyig
Ontario Mining
Pacific Mall Wee Sees
Pennsylvania R. A
Ania
People’s Gas
Chi
Pittsburg Coal
Pullman Company
Rep
Tron & Steel
Rep. Iron & Steel Pf
Rock Island Co
R’way
Tennessee
Third Avenue
Tol
St. L. & West
St. L
Wipt
Union Pacific
Buel
United Rys. Inv
United Rys. Inv. Pt
U. S. Realty & Imp
Ss. Acpebet
TU. S. Steel
BAS
U. S. Steel
Weuse
Utah Copper
Va.Caro
S.e
Western Tinton Tel
Westinghouse E. & M
Westinghouse Ist
Rose
D. M
Tael
G. Pr
Adams
D. Teal
A. H
M. Snuf
Am. Sug. R. . Sags
Ann. Arbor
Ann A. Pf
Beth. Steel
Beth. S. Pf
B. UN. G
Bruns
BR. &Pws
Los
But
K Co
Canada So
Ps Wit
Ss & C. PE
Cs Sl
Cc Gee. T Udy Arson
Consol. Coal
Cuba
A R. G. Ril
Gen. C. Co
K. C
IL. KE
Lake Shore
Mackay Cos
Haerey
R. R
Ts. Ck Ksil' R
Ry. St. Sp
R. S
Rens. & S
Rutland
S&s. L
Sears-R. Pf
U.-S
S S
U.S
Uw. &. Leath
U.S. L. Pt
Vand. R. R
Va.Car. Ch. Co
Va. Ll, Q& Coke
Val
W.F. Exp
Ata West
Lcn
Acoun Ee
Wis
Wis. C. Pf
Fnet
Allis-Chalmers
AllistChalmers
Ostavars
Amalgamated
Amer
Agricul
Che
Ice Securities
Tel
Atch
S. F Pf
Atlantic Coast Line
Baltimore & Ohio
Batopilas
Brook,Rapid Transit
Central Leather Co
Cent. Leather Co. Pf
Chesapeake & & Ohio
Chicago & Alton
Gt. Wetera
Gt. West
M. & St.P.pf. Certs
Northwestern
M.& O.pet
Chi Union Tr.t.r
Colorado Fuel &_ fron
Colorado Southern
Col South St P
Pisca
Dish
Alum. & Hock.c.& A
Consolidated Gas
Delaware & Hudson
Denver & Rio Grande
Detroit United Ay Wees
Distillers ‘Securities
S. S. Bossa
Federal M. & S. Pf
General Electric
Great Northern
Consolidated Exchange
Am. C. & Fdy
Ohio
Brook
R. T
Can, Pacific
Ches. & Ohio
Pacific Mail
Pennsylvania
Press
St. Car. Ban
Reading
Rep. Steel Pf
Rock Island
Rock Isl. Pf
Southern Pac
Southern Ry
Erie Let
Gt. North
Pt Eas
Inter
Pt. Bie
Oe & Ne
Nash
Mo. Pacific
Nat
Nort. & West
Nor, Pacific
Col. Southern
U. S. Steel Pf
Atlanta
B. & Belcher
Chollar
Comstock
Comb
Frao
Diamondfield
Elkton
Portland
Red Hill
Tig -Savage
Tramps’ Con
York City
Neway
Quiside Securities
Curb Commission
F. Wi
Denver G. & E
Manhat. Tran
Standard
Alaska M. Seo. Ah
Boston Copper
B. Coalition
Butte & N.Y
Cobalt- Central
Con
A. S
Cum.-Bly M
Dominion
tFur. C
Gold Hill
Goldfield ‘Gon
Aea
Gold
Daisy
Greene-Can
tGreene G.-S
Greene G.-S. Pf
la Rose Can
Mex
BE. & Ae
Micmac M
M. Co. of. A
McKinley-D
M. of
C. R
Nev
N.A. M
Nip. Mines Co
Tn. Butte
Old Hundes
Penn.Wye
Su. & Pitts
Belmont
Mont
United Cop
W. K. Coppf
Yukon GM
Tobacco
Bay State Gas
Brit. Col
Butte Coalition
Cobalt Central
Chicago Subway Pree
Cumberland-Ely Mining
Davis-Daly
Dolores, Ltd
Ceese
Dominion Coppers
Goldfield Con
Goldfield Daisy
Greene-Cananea
Tos
Greene
Havana Tobacco
International Salt
Manhattan Transit
Micmac. Mines
Mines Co. of America
Miami Copper
McKinley-Darragh Penn-Wyoming
Union Typewriter
Union
Yukon Gold Mines
Eta E Standard Milling
Standard Oil
United Copper
Tace
Louisy & Nashy
Coon Bos Boos
Marine Col
St Ry
New
K & Ts
Ti Am Tel & Tel
Mor & Es
Puedeg
Mr Brake
Hack & Wagen
Sterm & Imp
Nh& H
Norfolk
Eklyn Rap
Uae
Gary Temp
Cress
Zoe
Georgia
Cmaess
R&a div
St L & San F Ry
Craic
Scdeanes
West Unfund
Real
Cecc
Paul & Duluth
Paul
Min & Mist
RI & Pac
Btty Chi, Ri& Pacr
Ioutha Pac
Ccri&ap
Acer
Staal Niheana- Enei Eee
PRR
Col Trust
Stitint
Dean's Eee Enene
Col & So
ITI
Pacist View
Cncseen
Weeee
Sweeeas
Tenn
V&g
Ove Col Industries
General ’ Electric
Thailinois Central Lodio
Ceene
Idmdans
Betse
Saseno
Interborough
Outhern Railways
Steel Corp Sinke
aly Wee Wah_ Pitt
Ox & Pac
Money and Exchange
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York
Aon
Rk— We Eennee
Produce Exchange
Metal Market Reports
the Treasury Balances
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Upen
Spencer Trask & Co
William and Pine Sts
York Stock Exchange
Lehigh Valley Terminal
New Jersey
Ghiskgln & Chapman
Kountze Bremers
Cedar St
Nde Son & Co
Pine St
S.cc
Eglinton, Hammond & Andrews
New York Securities of Gas and Electric Companies
F P. Freeman &Co
Amer. Bk
Shae & Fdy
Metropolitan Steamships
Ene Hudson Co
Irs
Essex & Hindson Gas
Raegargel & CO
Nasswa Street
Willard V. King
WM. H. Nichols
Howard Bayne
Treas
Langley W. Wiggin
Edwin B. Potts
Ass’t
Park Terrell Mgr
Bond Dept
David S. Mills
Girard Trust
E. B. Mortis
W.X. Bly
A. A. Jackson
A. Rhoads
Treasures Edwards Pagi
Commercial Trust Company of
New Jersery
Exchange Place
Jersey City
N. J Capital
Ckerbog We Trust GO
Fifth Ave
the Trust Company of America
Gresham St
E.C
Nassau Bank
Nassau and Beekman Sts