Financial Markets React to Mixed News in Tuesday Trading
Stock prices drifted lower amid dull trading as Chicago news added little to sentiment after Tuesday’s rally. Gold takings rose, Lake Erie & Western and Big Four dividends were paid, and Missouri Valley crop damage raised concerns. Steel prices cuts failed to lift orders, wheat was mostly unchanged, and banks benefited from Sub-Treasury gains as gold movements continued.
MENTIONED IN THIS ARTICLE
Stock,Exchange
Chicago
Lake Erie & Western
Big Four
Missouri Valley
Iron and Steel
New York Central
Kansas City
Nion
Stock Exchange
Germany
Bank of Germany
Berlin
New York Stock Exchange Summary June 17 1908
Trading on the New York Stock Exchange paused amid mixed quotations for industrials and rail issues. Prices shown include leveled figures around 145 to 147 and small fluctuations across key shares as the market consolidated after morning activity.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Recessions in Consolidated Arizona Smelting stock prompt market pause
Outside securities show weak trading with notable decline in Consolidated Arizona Smelting shares as 10,000 shares crossed at 10 to 12 cents. The Manhattan Railway new issue attracts buying interest in the bond list, opening at 96 and closing at 96, amid overall brisk activity in a subdued market.
MENTIONED IN THIS ARTICLE
Arizona
Manhattan Railway
Consolidated
Arizona Smelting Company
Manhattan Railways
Transactions in Bonds Show Broad Market Movements
The page reviews bond transactions and listings dated June 17, 1908, noting sales totals and figures for numerous issues. It lists currencies and values for Japanese government loan Sterling, various railroad, tobacco and utility bonds, and unified trusts with specific par amounts and prices, concluding with total sales and year-to-date totals.
Bond market flirtations show varied bids and asks
A dense list of government bonds and corporate issues appears with bid and asked quotations. The fragment references 1930 and 1925 maturities, Panama 2s, Am. Tobacco, Am. Can, International Paper, Union Pacific, and many others, alongside percentages and prices across multiple issues.
MENTIONED IN THIS ARTICLE
Tobacco Americeasees
Asenee
Boston
British Columbia
Butter Coalition
Weeeer
Cobalt Central Seewase
Chicago Subway
Eees
Cumberland-Ely
Dolores, ~ Ltd
Seeeee
Greene-Cananea
Evceae
Greene
Ieene
Ouglas Copper
Acceses
Daly Seeees
Uction Soppae Eeesce
irs_ National Copper
Olglanhattan Transit
Kemac Mines
Ascee My 8 Mines Co. of America
Eeseone
McKinley-Da Ones
Goldfield Consane Ae
Goldfield Daisy
Havana Tobacco
Ess Oe
International Salt
Penn.-Wyoming
Standard Milling
Con. Oon
United, Copper
Ty Union Typewriter
Union Type
Yukon Old Mines
Panama
Calendar for today dividends payable
D Appleton and Co. report dividends payable on common stock of Norfolk and Western Railway, per the calendar notice.
MENTIONED IN THIS ARTICLE
D. Appleton & Co
Norfolk & Western Ry
Money and Exchange Rates on Stock Exchange Loans and Bills
Money on call loaned at 1 1/2 to 4 1/2 percent with last loan at 14 4 percent. Time money 1 to 6 percent for periods up to a year. Mercantile paper 3 1/4 to 5 percent. Clearing House: exchanges $211.8 million, business $20.8 million. Local banks gain $1.72 million since Friday. Exchange rates and premiums vary by city including New York Boston Chicago St Louis and San Francisco.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile
Clearing House
Terling
Ange Gana
Lemand Et & Bad
Sant
Cables
Pontental Sal
New York
Boston
Chicago
St. Paul
St.uis
New Orleans
Bank
San Francisco
Silver Quotations In London And New York Reported
Bar silver priced in London at 24 1 2 cents per ounce and in New York at 89 1 2 cents. Mexican dollars stood at 47 1 2 cents in the exchange.
MENTIONED IN THIS ARTICLE
London
New York
Railroads report June mileage and earnings across lines
The ledger shows mileage figures and weekly June data for JFPALO Rochester Pittsburg, Chicago Louisville, International Great Northern, Wabash, and United Railways of St. Louis. It includes May and June totals, weekly June figures, and five month gross, expenses, net and surplus figures with increases and decreases across the lines.
MENTIONED IN THIS ARTICLE
Jfpalo, Rochester & Pittsburg Yleage
Eeleens
Chicago
Eae
Louisville
United Rys
Grain and Provisions Face Weather and Crop News
Weather and crop reports weighed on grain prices as 750,000 acres of Kansas wheat were said to be unsalvageable. Wheat injuries in lowlands and ongoing rains kept fields inaccessible, while cash and futures values fluctuated and exporters moved loads amid firm cash oats and corn prices.
MENTIONED IN THIS ARTICLE
Smiley
Kansas Grain Dealers’ Association
Nsas
New York
Duluth
Mississippi
Cor
London copper market shows mixed moves in prices
In London, copper prices closed with spot at £58 5s and futures at £58 15s, a 5s decline from Tuesday. Pig tin fell £2 spot and £1 18s futures to £127 2s 64d and £127 175 6d, while lead rose to £12 18s 9d and spelter weakened to £19 2s 6d. Cleveland warrants held at Bis 3d.
MENTIONED IN THIS ARTICLE
London
Cleveland
New York
Cotton Market Sees Activity Mixed With Sharp Leaps
The cotton market showed bullish activity for July with prices around 4.40 above month start, closing steady on near positions but soft on late months after a 38.6 point decline. Daily sales were about 275,000 bales as levee breaks near Shreveport were reported and Southern spot markets showed varied steady to firmer prices across Mobile Savannah Norfolk Augusta New Orleans Memphis St Louis and Houston with different bale totals.
MENTIONED IN THIS ARTICLE
Shreveport
Juno Seccecser
Gulf
Mobile
Savannah
Norfolk
Augusta
New Orleans
Memphis
St. Louis
Houston
Chicago Stock Market Quiet With Minor Shifts
Special to The New York Times reports a quiet Chicago Exchange session with little change from the previous close. Notable moves include Match stock up to 12 percent in the forenoon, Telephone shares slipping, and Street’s Stable Car preferred edging above par before finishing higher. Bonds remained firm and several railroad and utility issues showed modest gains or losses as trading closed.
MENTIONED IN THIS ARTICLE
New York Times
Philadelphia
Reading
Cambria Steel
Merican
Eading
Seseeesee
Eadin
Onopa
Nion Traction
Nited Cos
Yun
S Steel
S: Steel P
Arwick Steel Lotetiees
Chicago
Booth Nl
Chicago Subway
Chicago Telephone
Chicago Title & Trust
Chicago Pasu. Tool
Diamond
Illinois Brick
National Biscuit
National Carbon Wexsee
Quaker Oats
Street’s
Swift & Cos
Western Stone
Westinghouse Plan Appeals to Stockholders Yet Again
A new appeal to Westinghouse Electric stockholders urges subscribing to the rehabilitation plan to prevent the company from being sold to satisfy creditors. A letter from four Pittsburgh bank presidents calls for immediate participation as only five percent of the remaining stockholders have yet to come in, with $3,000,000 of the $10,000,000 new stock unsubscribed.
MENTIONED IN THIS ARTICLE
Westinghouse
Westinghouse Electric and Manufacturing Company
Pittsburg
Exchange membership sold at auction for 300 dollars
The summary notes a Greene-Cananea Copper Company general manager Ricketts in the city, Rosenblatt to Belgrade Lakes, and Seligman not exercising option on 7 million NYC bonds while other large bond offerings and listings move forward at N Y exchanges.
MENTIONED IN THIS ARTICLE
Ricketts
Greene- Cananea Copper Company
H. Rosenblatt
Stock Exchange
Sig. Hosenblatt & Co
Belgrade Lakes
Cedarhurst
J. &W. Seligman & Co
Securities Sold at Auction at Exchange Salesroom
Securities disposed of at auction yesterday at the Exchange Salesroom 14 and 16 Vesey Street Adrian Muller & Son auctioneers by order of administrators. Listings include shares in Automatic Fire Alarm and Extinguisher Co at 20.75, Manhattan Beach Hotel and Land Co pref 8 shares, Corn Exchange Bank 25 shares at 100, North American Savings Co 5,900 shares at 50, and other bank and railway securities with varying par values and lots.
MENTIONED IN THIS ARTICLE
jNet
Ask
Wirst
Stig Low
Allis- Chalmers Eee
Allis-Chalmers Pf
Amalgamated
GSI
Amer. Agricul. Chem
Can
Car & Foundry
Amer
Ice Securities
Mr Vie
Amer. Smelt & Ref . OY
Mie
Steel Foun T. R
Steel Fo. Pf. T
Atlantic Coast
Ul. Atch
Yep. & S
Ppt
Baltimore & Ohio
Bethlehem Steel
Batopilas Mining
Eoerese
Brook
Butterick Co
Eersee
Canadian Pacific
Central Leather Co
Chesapeake & & Ohio
Chicago & Alton
Chicago Gt
le Cc
St. L
C.& St.l
Colorado Southern
Col. South
Consolidated
Delaware
Den
Rio Grande
Erie
General .Electric
Great Northern Pf
Granby Consol
G. N. Certs
Illinois: Central
Illinois Central
Interborough-Met
Harvester Pf
Steam P. Pf
Iowa Centra
Louwisville & Nash
Kansas & Texas
Missouri Pacific
Acoe
National Biscuit Co
Pacifico Mail
Pennsylvania R. R
Peoria & Eastern
Pitts
C.& St.L.p
Pittsburg Coal
Repub. Iron & Steel
Republic I. Rock Island Co
Rock Island Co
Sloss-Shef. S. & I. Co
Southern Pacific
Gbig
Southern Pacific Pf
Southern Rail’y
South
Rail’y Pf
Tennessee - Copper
Toledo
Bees SW. Pe
Union Bag & P Co
Union Pacific
Union. Pacific
Aeberwle Ys
United Rys. Invest
United Rus
U. S
U. Ss
U. S. Rubber Ist
Us Steelscreee Necesa
U. S. Steel
Ceeee
Utah Copper
Carolina Chem
Wabas
Eee
Wabash Pf
Eecee
Western Union
Tel
Westinghouse
Westinghouse Ist. Pf
Wheel
Lake Erie
Exchange
Vesey Street
Adrian H. Muller & Son
Automatic
Manhattan Beach Hotel and Land Company
Journeau & Burnham
Bailey Land Company
Rapine City
Dakota
Convern
Corn Exchange Bank
Treasury balances report from Washington
The Treasury opened the day with its financial position described as of the start of business in Washington. The bulletin outlines the day’s balances across gold, taxes, and public accounts. No further figures are provided in the excerpt.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Colorado mining stocks close on Colorado Springs exchange
Colorado Springs June 17 closing quotations show Elkton Portland El Paso Windiertor Rawlings Isabella and United Gold values. Bid and asked prices listed with single quotes and slashes separating figures.
MENTIONED IN THIS ARTICLE
New York Times
Colorado Springs
Elkton
Portland
el Paso
Rawlings
Isabella
United Gold
Coffee Market Responds to Havre Sale Reports
Coffee prices eased yesterday amid moderate selling despite word that the Havre government sale succeeded. New York open showed Havre steady, Hamburg steady to lower, and local trades opened steady to slightly down. A San Francisco buyer reportedly took 25,000 bags in the French market while Coast supplies stay tight. Rio No. 7 spot quotes at 6 1/2.
MENTIONED IN THIS ARTICLE
Havre
New York
Hamburg
San Francisco
Rio No. 7
Consolidated Exchange closes mixed as NYC bond quotes compare
Closing quotations of New York City bonds yesterday compete with those of Tuesday. The report notes price movements and yields across various issue classes in a consolidated exchange context.
MENTIONED IN THIS ARTICLE
New York City
Weekly Financial Review Seeks Investor Readership
A four page editorial sheet informs investors about current events in finance business and politics affecting securities. The publication offers free mailing on request to interested individuals via J S Bache & Co members of the New York Stock Exchange at 42 Broadway New York.
MENTIONED IN THIS ARTICLE
Financial Review
J.S. Bache & CO
New York Stock Exchange
Bankers
Broadway
New York
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Brown Brothers & Co
Wall Street
THE
New York, Philadelphia & Boston
A.B. Leach & Co
Bertron, Storrs
Griscom
York
N. W. Harris & CO
Bankers Pine Street
Gorner William
Henry Clews & Co
N. Y. Stock Exchange
W. L.lyons & CO
New York Cotton Exchange
Cee Board of Trade
Ulsville Stock Exchange
Place
Seinhoe Flatiron
Louis Ille
Keller Building
New York Transportation
Royall
Jed
Mc McCormack
Broad St
Otis Ae Tone Lo
Pao Gardiner
Eglinton, Hammond & Andrews
Securities of Gas and Electric Companies
Llinois Gentral Rights
Carpenter
William St
Bagoot & Co
Dominick & Dominick Bankers
Cortlandt
Oungstown & Sharon
Bay OF Sellaoe
Repubblic Iron ‘and Steel
Megargel & Co
Nassau Str
Rector
SIMON BORG & CO. _ BANKERS
Nassau St
Investment Securities
Pais, Ct & Testa Bankers
Mobile Electric Company
Duluth Edison Electric Co
San Diego Con. Gas & Elec. Co
Oklahoma Gas & Elec. Co
William P. Bonbright & CO
Hector
Tucker, Anthony & CO
Broad Stree Weiss
Boston Stock Lesanges
State Street
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Co. Voy
Outside Securities
BT Aes
Alaska
Boster
Butte
Coba
Davi
Bay State Gas
Hav. Tob. Pf
Manhat
Standard Oil
M. Sec
Lal’n
G.-S
y-Dar
On. C
S. Y
Sis Bynes Co
Tol
Lon
Wednesda
Imprl
Sterl
Cseasees
DOU
Aden
Peda
Browne & Co
Tel &T
Leee Seas ‘Co
K Exchange
Louise & Nash
Col
Wigeaseouns
Tex & Veto
Wan
So Pac Lal
WVTKS
I Ao
An “G
ELH & P Pur Money
Lanea
NH &H
Mt & Sc
Eny 4S
Tut
Wewcire Cies
Oviccesass Pty
Cece
Ieces Ces
Scceae
S Steel Corp Akg Fund
Ccenc
Eevee
Pitts Tor
Mary
Sewer Wee
Louis & N
Inter
Om. Coal
Cot
D. Tel
jAm
Am. L. Co
Mack
Mack Pf
Mach
Man
Hh. M
Tat Hk
W. Co
Ann A
Bei Arbor
Zent. L. Oy
Nn cocaAatee
Ql & E. Nl
Peo. P
Hes
Uba’ Cat Sa
Ld, L
R. G
Ey & T. H. Gen
E. Ry
Peck
Hock. V
Pe Homestake
Inger
Rand
R. Pf
P.pt
Power
Mt St. F
Iowa C.pf
Pena
Long Island
Ry. Rig. iReng
Tfs
jSt
Uel
Car
OO Vulcan
Igit
West
Wis. C
Pittsburg Transactions
Crucible Steel
Marsden
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Westing
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Metal Market Reports
Eeee
Financial Notes
Chicago Railways Company
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N . Harris & Co
Chicago & St
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Penn
Ann Arbor Railroad Company
Seach
Carnegie Trust Company
Pittsburg & Westmoreland Railway
Mechanics’ National Bank
Central Bank of
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N. Y
National Bank of Commerce
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United Railways
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Ann
Potomac
Detroit United
Norfolk Ry
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the Treasury Balances
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UNG
Cccevere
Wnee Ar Tee
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Saad
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Ipha
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Gould & Curry
Hale & Norcross
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Diamondfield A
Belmont EU Eee
Eens Goldfield C. Mines
Golden Anchor
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Jim Butler
Kendall
McNarama
Tone Star
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Allis-Chalmers
Car & F
Loco
Certian
Ohio
Ayy Brook
R. T
Canadian Pac
Met
Pacific
Nat
Gary
Central
Pennsylvania
Ween
Republic Steel
Steel
Rock Island
Rep. Bay
Southern Pac
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US. Steel
BNO
Atlanta
Belcher Wee No
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Best & Shelcher
Con. C.& Vi
Tiamondfield
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RM Gould
Curry
Hale .& Nore
Adville
Abe
Rutan
B i
Saul Gaie