Market Advances Lead With Union Pacific and Steel Shares
Financial markets showed broad gains with Union Pacific and steel stocks among leaders. The session featured rising prices across industrial and railroad issues, a notable rise in short interest, and cautious optimism about crops and political developments affecting markets.
New York Stock Exchange Update of July 8 1908
Market notes from the New York Stock Exchange dated Wednesday July 8 1908 show varied activity with several listings and unlisted securities reflected in price quotes and turnover. Trading details are incomplete in the readable text.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Outside Securities Hold Sluggish Market With Notable Gains
Curb market shows uplift amid slow overall trading as new issues slip. Butte Coalition climbs from 22% to 23% on light activity. Cumberland-Ely and Miami Copper show gains, with several mining stocks advancing and others weakening in a varied performance across the outside market.
MENTIONED IN THIS ARTICLE
Stock Exchange
Butte Coalition
Cumberland-Ely
Miami Copper
Transactions in Bonds and Market Quotations 1908
A dense ledger style notice outlines government bonds, corporate issues, and exchange quotations. It lists amounts, coupon rates, and series for Japanese, Cuban, and American bonds, with a long bond table, then shifts to grain and provisions prices including wheat and corn futures, with New York and Chicago price quotes and related exchange figures.
Calendar items and dividends for several companies
Calendar for today lists book closings and dividend payable notices for Great Northern Railway preferred, J B Stetson Co common and preferred, New York Ontario & Western Railroad, Omecee and South American Telegraph, annual meetings for Cowperthwait Bedding Co, George C, and Flint Co.
MENTIONED IN THIS ARTICLE
Great Northern Railway
J. B. Stetson Co
New York, Ontario & Western Railroad
Omecee
Cowperthwait Bedding Co
George C, Flint Co
Money on call and time loans on Stock Exchange continue
Money on call on the Stock Exchange shows loans at 144 percent with recent deals near 144 percent. Time money ranges 1 to 2 percent for sixty to ninety days, up to 8 7 268 percent for six months. Mercantile paper widely quoted, and foreign exchange quoted including sterling at about 4.87, with Continental rates for francs, reichsmarks and guilders. Local banks report an $800,000 loss since Friday, vs. $531,000 gain last week. Exchange figures from Boston Chicago St. Louis and other cities show varying premiums and discounts across multiple markets.
MENTIONED IN THIS ARTICLE
Union Pacific
Bryan
Denver
Winte
Washington
Stock Exchange
Mercantile
Persoa House
Treasury
Sterling Exchange
Reichsmarks
Guilders
New York
Boston
Ulcago
St. Paul
St. Louis
New Orleans
Bank
San Francisco
Silver Quotations in London and New York
Bar silver quoted in London at 249-16d per ounce and in New York at 538%c. Mexican dollars priced at 46a.
MENTIONED IN THIS ARTICLE
London
New York
Pittsburg Exchange Transactions Reported for July 8
Local Exchange transactions list daily sales high low and last prices across steel, brewing, mining and electrical firms. Notable entries include Westinghouse A B shares at 98, Pittsburgh Brewing around 19 to 19 1 4, S&S Steel preferred at 108, and Pittsburg Brewing bonds noted at 99 to 104 with aggregate volumes shown.
MENTIONED IN THIS ARTICLE
New York Times
Pittsburg
BU Srg
Mt. Trittie
Pittsburg Brewing
Pittsburg Consol
River Coal
Eesens
Colorado Springs Bond and Mining Stock Quotations
Closing quotations from the Consolidated Exchange list several Colorado mining stocks and bonds in bid and asked prices. Notable items include Dante at 67 bid 67 asked, Isabella at 27⅔ bid 28 asked, Wikton at 56⅝ bid 57 asked, Portland at 105 bid 107 asked, MW Paso at 31⅓ bid 32 asked, Vindicator at 83 bid 85¼ asked, and MawlingR at 9 1 8% bid 9 13%? asked, reflecting the local market activity.
MENTIONED IN THIS ARTICLE
Colorado
Colorado Springs
Col
Dante
Isabella
Wikton
Portland
Paso
Vindicator
Mills Book 650000 Tons of Steel Bar Orders for 1909
Iron Age reports mills have 650000 tons of orders for steel bars for forward delivery, mainly for agricultural implements and vehicle builders, with some rail repair demand. Output estimates for the first half of the year reach about 6.9 million tons, while furnace capacity stands around 264000 tons weekly. The Iron Trade Review notes dull season but rising new orders for bars and related products as mills receive more specifications.
MENTIONED IN THIS ARTICLE
Iron Trade Review
Tober
Securities Auction At Exchange Salesroom Listing Bonds And Shares
Securities disposed of at auction yesterday at the Exchange Salesroom 14 16 Vesey Street Adrian H Muller & Son auctioneers. Items include 100 shares Bay State Gas Company of Delaware 50 each 14 16 2600 Albany Susquehanna Railroad 8 percent registered bonds due April 1946 by 1000 Northern Pacific Railroad general 8 percent bond 715 percent 3000 Delaware Hudson Company 4 percent bonds due June 15 1916 2000 Atchison Topeka Santa Fe Railroad 4 percent adjustment bonds 2000 Southern Pacific Central Pacific collateral 4 percent bonds 5 5 quot New York New Haven Hartford Railroad convertible debenture 4 percent bonds 24 shares Chicago Milwaukee St Paul Company preferred 65 percent paid 17 shares Chicago Milwaukee St Paul Company common 65 percent paid 20 shares Third Avenue Railroad Company 100 each 192 shares American Malt Corporation common 100 each 4 percent 62 shares American Malt Corporation preferred 100 each 3 1 29 shares Carnegie Trust Company 100 each 16 476 20 shares People's Bank 23 each 2 90 20 shares Central Fireworks Company common 100 each 8 percent 20000 Oklahoma Central Railway Company first mortgage 5 percent gold bonds due December 1945 1000 lot 15 shares Casualty Company of America 190 each 12 0 percent 9 10 shares National Copper Bank 100 each
MENTIONED IN THIS ARTICLE
Sik
C.ss.ercereesnce
tNet Hid
Ask
Allis-Chalmers Adams’ Express
Allis-Chalmers Pf
Amer. Agricul. Chem
Agricul
Chempf
Car & Foundry
Car & Found
Amer
Ogly
F.pf
Seo Atlantic Oast Line
Baltimore & Ohio
Bethlehem Steel
Batopilas Mining
Bethlehem Steel Pl
Brook
Central Leather Co
Cent. Leather Co
Central R. R. of
N. Joes
Ake & Ohio
Chesape Chicago & Alton
Chi . Gt. West. Pf
Mil & St. Paul
C .M & St. P. Orts
M. & St.P.pf.orts
West
Chi
Northwestern
St. P
Mee
Union Tr.t.r
UN. Tr. Pf.t.r
Colorado Fuel & Iron
Colorado Southern
Col
South
Colum, & Hock,c
Ian Ont
Delaware & Hudson
Duluth
Erie
Federal
M. & Eeegae
Great Northern
L . Iy . Lok
G. N. Certs
Illinois Central
Iowa Central
Kansas City South
Kan
City
Keokuk D. M
Louisville & Nash
Mackay Cos
Manhattan
T. R
Minn
St. Louis
Kansas
Texas
Missouri Pacific
National Biscuit Co
Nat. Enam
National Lead Co
Newhouse M. & S
N. Y. Air Brake
St. L.oe
Ont
Norfolk & Western
North American
Northern Pacific
Nor
Pacific Mail
Pennsylvania
People's Gas
Chicago
Pitts
C. & St. Lie
Pittsburg
Pullman Company
Steel
Republic I
Repub. Iron
Rock Island Co
Sloss-Shef. S. & I. Co
Sloss-Shef.s.& I.co
Southern Pacific
Southern Railway
Texas & Pacific
Texas Pac
Union Pacific
Union Pacific Pteosee
United Ry. Invest
United Ry. Invest. P Bie
U. S
U. S. Cast Iron P. Pf
Utah Copper
Caro
Chem. J
Iron, Coal & Coke
Western Union Tel
Westinghouse E. & M
Wheel
Lake Erie
Wheel. & LE
Wisconsin Central
Vesey Street
Adrian H. Muller & Son
Bay State Gas Company of Delaware
Albany & Susquehanna Railroad
Northern Pacific Railroad
Delaware & Hudson Gorey
Atchison, Topeka & Santa Fe Railroad
Southern Pacific-Central Pacific
New York New Haven & Hartford Railroad
Chicago, Milwaukee & St. Paula Company
Chicago, Milwaukee & St. Paul A Company
Third Avenue Railroad Company
American Malt Corporation
American
Central Fireworks Company Common
Oklahoma Central Railway Company
Casualty Company of America
National Copper Bank
Philadelphia stock market summary shows broad gains and high volume
Prices rose across most sectors led by steel and traction shares. Major issues such as Lehigh Valley United Gas and Philadelphia stocks posted gains with total reported sales at 48 719 shares. Several utilities and industrials traded firm with notable highs and lows reflecting a strong market broadening.
MENTIONED IN THIS ARTICLE
Philadelphia
Tractions
Lehighs
United Gas
Ine
Bell Telephone
Essee
Cambria Iron
Cambria Steel
Ches. & Ohio
Blec. Co
Elec
Keystone Telephone
Lake Sup. Corp
Lehigh Valley
Lehigh Nav
Pennsylvania
Penn. Salt Co
Philadelphia Co
Phila. Co. Pf
Evcr
Phila. Electric
Phila. Rap. Transit
Phila. Traction
Essce
Tonopah Mining
Union. Traction
United Cos
N. J
United Gat Imp
U. S. Steel
Coffee Market Mixed as Demand Steady in Europe
The coffee market showed irregular demand with Europe a light seller of September. Opened steady, closed barely steady with most sales around 23,750 bags. July 1909 at 6.10, 12,000 bags switched. Havre and Hamburg showed varied month changes. Brazilian markets unchanged. contract prices ranged with July near 5.95 to 6.95 and December around 5.95.
MENTIONED IN THIS ARTICLE
Europe
Havre
Hamburg
Ccccsers
En-Ee
Tammary Sesvesses
Caceceee
A Rana
AMEL. recnsieseess_ as e HEY
Cleesenae
Over
Jung
Deeeesees
Oppenheim Optimistic On West Trip And Rates
Vice President Ansel Oppenheim of the Chicago Great Western said on his return from a several weeks West trip that crop conditions are favorable and merchants in agricultural districts are doing well He also expressed confidence in the Republican National ticket and stated rates should be increased.
MENTIONED IN THIS ARTICLE
Ansel Oppenheim
Chicago Great Western
Also Mentioned on This Page
Brown Brothers & Co
Wall Stredbir
THE
Yonkers, N.Y
A.B. Leach & Co
Broadway, New York
Bertron, Storrs
Briscom
BAI
Wall Street
SERS
Securities
Henry Clews & Co
Broad BT
N. Y. Stock Exchange
Chequa
W. L.lyons & CO
New York Cotton Exchange
ABO Board of Trade
Eville
York
Broadway
Conk
ST. Louisviilli
New York City
Harris & CO
Pine Street
William New York
Otis Elevator Co
Banana Tobacco
New York Transportation
Royal Baking Powder
J. L. McCormack Ves
Broad
Broad St
Schmidt & Gallatin Investment Securities
Plympton, Gertiner & Co
Wiliam St
New_York
Simon Borg & Co, Bankers
Nassau St
Investment Securities
Peitele
Chantie & Prentice
Bominick & Bominick
Cortlandt
Griswold
Eastern Point
New London
Conn
Gunajente Power & Electric Co
William P. Echeright & G
NEW Eon K Stock Exchange
Colorad Springs
Btoad
George ‘Sti
Mansion House
George Young & Company
Cedar Street
Eanes i
Nassau Street Guaranty Trust Co
Stee
Capital
Ion Trust Company Postal Tel
el Bey
Onrad Kie
Adaal Baetaren
Lahr and Company
New
Joseph Lahr
Conrad Kienz
Croi
Farvests
Call
Ougat Hhases
al Ar As
Atv
Outside Securities
Bay Belew Cae
den, Gas & el
Manhat
Tran
Standard Oil
Chicago Subway
Butte & N.Y
Bie
Cobalt Central
Ely
Dominion Cope
Central
Ban
Mon
Giroux Mining
Greene Gold
Gr. G.-S. Pf
la Rose Con
Mex
Micmac Mines
M. Co
McK
Darrag
Nip., Mines Co
N. Butte
Ophir
Orphan
Penn.-Wye
M. & Mill
Silver Queen
Stewart
Kcoe
FSI
Ives G.caee
Tramps
Ton, M
Nev
Tayra Dev, Pf
United Copper
United Cop
Tah Apex
Am. S. F. Deb
Lmarket
Tobacco
Bay State Gas
Sobalt Central
Ecrrore
Ace
Cumberland-Eliy Minne
Davis-Daly
Dolores, Ltd
Dominion Copper See
Goldfield Con
Seeees
Goldfield Daisy S.scee
Greene-Cananea
Ccoce
Greene
Havana Tobacco
Manh. Transit
C.ee. Z Ag Ty Ae Micmac
Ns 25
Mines Co. of America
McKinleyr Darragh .Ee
Sceuss
Cseseee
Union
Yukon
United States
oeIf Imp
Ee Atabetes
Cuba
Itc
Wenwesesenll New O
CK Exchange
Lo & Nashy-So
Louis & Nash
Se & Cin
Chauadess
Ac Trust
Ssouri Pac
Amy
Scaes Ceee
St Il Oe
Hé& T
Panama
M. Pe
Sui
Am. W. Co
Ann’ Arbor
Bruns
Nee Olk
Oweessee BL
Chis Os
Bkly
Bly
Tome Teres & M
Reese Veewens
Leeetene
Fepeeere
Lee Eeesee Ernes
Ike
Lake Shore
Long
C. R
Man. Beach
Ima
Mer. Marine
St. R
St. L
Moe Pee
al. R
L. Bt
Rea
Pry H
Weeeess F. M
L. Istae
Cene
Ava
Stp
Wnis
Cere Pt
Vagenee
Col Cinaustriai
UUU
Jed Dong
Vince Ucae
Cesccuee
Eaeteterree
Saepexesell
Cccerae
C.ceees
del & Hud
Rio
East ‘Tenn
Pitt Terrast
Maryl da Pru
Vesta 01
Cuuvy DA
CIA
Gen. Ch. Ph
Fets
Wes
Liverpool
Budapest
Hungary
Money and Exchange
Consolidated Exchange
United States Steel
Amalgamated
North Butte
Tel
M. E. Cat
UN. Pac
U. S. Steel 2d
Bostonoveresseees
Bostof Lowell
Boston& Beoseeces Aa
Fitchburg P Aeuvette
ola_ ¢& long.-fe
Rutland Plesbees
Union Pao.ee
West End Eosees
West End Pt
Eee
Am. Ag. Chem
Ag. Chem
Pneu
Ooh
M. Woolen
Woolen Pf
Edison Saccovetelo
Gen
Espe
Pullman
Seattle
Swift
Ariz. Com
Bingham
Boston Con Ee
Boston & Corbin
Ariz. Eee
Cal
Hecla
Acaee
Cal Centennial
Ose
Elm Hiverissslemens
Franklin Ereee
Seese
Granby Coon
s+e
Isle Royale
Old Dominion
Anon Island
Santa
Utah
Cscccessnes
Victoria Besesesaenes
fWinona Eeeereserse
Ieee Ox
Allis-Chalmers
R&É&F
Ohio
R.T
Nee. & Ohio
Col. Fuel & I
Col. Southern
Dist. Ee
Gt. North
Inter.-Met
Nash
Pacific
Lea
Rep. Steel
Steel Pf
Rock Island
Rock Isl
Southern Ad
Southern Ry
Texas Pacific
Ae Pacific
Blue Og
Best
Con
Comstock
Com
Diamondfield
el Paso Ecene
Elkton
Goldfield F
Nora
West End
Iron and Steel
Oan
Guardian
Trust Company OF
Frank W. Woolwort
George W. Fairchild
A. BE
G. Goodridge
Lathrop C. Haynes
Alfred M. Barrett
Lamar Ross