Financial Markets Show Mixed Moves and Tax Talk
Stocks fall amid volatility with 2 to 4 point losses as traders weigh Hughes committee findings Taft tax proposal and Russian incident. Time money eases while wheat firm and exchange rates edge higher. Bank of England reports a 50.5 percent reserve ratio, signaling cautious liquidity in mid June markets. Pittsburgh transactions conclude trading on local bourse.
MENTIONED IN THIS ARTICLE
Stock Exchange
Wall Street
Gov. Hughes
Taft
Hughes
Financial District
Baltimore & Ohio
Louisville & Nashville
Bank of England
Market Summary of Unlisted Government Bonds and Stocks
New York Stock Exchange prices show closing quotations for government bonds and stocks with no transactions. Various issues list bid and asked values, including U.S. Treasuries, railroad and industrials, foreign stocks, and utilities, reflecting a broad range of liquidity and pricing across the session.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
New York City
Farson, Son & CO
Sepsis
Hearserk Stock Exchange
Broad St
New York
Cme
Bs. c
DM. & Ft
U. Ry
Ted
Ten. C. Co
Ch. Co
Fanny Con
Dave E. R
Gav. B. R. PL. A.sccce
Eeneel Valley Hock. V. Pf
Fl. C
Inger
Rand
Jol. & Chi
Outside Securities Curb Market Narrow Yet Mixed
A dull outside market saw prices move narrowly with little selling pressure. Copper shares slid, Miami and United Copper down around 4 percent while Davis Daly rose. Standard Oil fluctuated, and Atlantic Gulf and West Indies hit a new high. Bond and mining issues traded, with Kansas City Southern debentures in demand amid broad cautious activity.
MENTIONED IN THIS ARTICLE
Stock Exchange
Miami
United Copper
Davis-Daly
la Rose
Standard Oil
American Tobacco
Atlantic Gulf and West Indies
Chicago Subway
Chicago Great Western
Kansas City Southern Generals
Milwaukee & St. Paul
Bay State Gas
Havana
Con. Ariz. Sm
Sells
Cum.Ely Min
Davis D
Douglas
Nat
A .-Giroux Mining
Greene-Can
Sm & Ref
Kerr Lake
King Edward
L. Rose C
Mason Valley
Miami Copper
C.R
Ne. Con
Nevada
Nev
Nip.lfines Co
Ohio
Stewart
Union Mines
Utah G. & C
Yukon Gold M
Tee Eee Estones 'i Cent. Ry
Dodge 2d
Int
lJones & L
Kan
Citysd
Mers L.& W. Seters
West
Pac
Todd
Kewien Tobacco
Boston Copper
British Col. Copper
Butte Coalition Aeeee
Butte & New York
Central Foundry Eeeee
Central Foundry Pf
Cumb.-Ely Mining
Dolores, Ltd
Ereessees
Douglas Copper
First National
Giroux Mining
Eeeee
Goldfield Daley Ogee
Greene-Cananea
Guggenheim Explor
Kerr Lake Eeeeeereers
King Edward Oe la Rose
Nevada Smelting
Nevada-Utah M
Nipissing Mines Co
Ohio Copper
Ray Central
Bri
Standard Oil Seseee
Searchlig cM. & M
Tri-Bull‘nee
United C.pper
United Dry Goods
Yukon
Cotton Market Sees Rally After Heavy Chicago Selling
Cotton prices finish with a net decline of 1.8 points after a day of heavy liquidation by Chicago houses. The market opened steady then fell sharply before a partial recovery, with July leading the late rally. Southern spot markets show varied steady quotes across Galveston Savannah Norfolk Augusta St Louis Houston New Orleans Memphis.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Lancashire
Gulf
Galveston
Savannah
Norfolk
Augusta
St. Louis
Houston
Bates
New Orleans
Memphia
Iuilet
Bonds on Stock Exchange and Miscellaneous Notes
The notice lists bonds including Col & Greenville 4s 5,000 and Erie 4s 10,000 with conv options, and other issues such as interbank and railroad securities. It records totals like 5,200 and 500 with dates around June 17, 1908, noting percentages and varied serials amid a dense ledger style.
Calendar for Today Dividends Payable
Calendar notice lists dividends payable for multiple firms including Chicago Rock Island and Pacific Railway Dominion Coal Fleischmann Guggenheim Exploration International Silver Metropolitan Trust New England Cotton Yarn Tefft Weller Utah Copper and others with common stock and preferred issues.
MENTIONED IN THIS ARTICLE
Chicago, Rock Island & Pacific Railway
Dominion Coal Co
Fleischmann Co
Guggenheim Exploration Co
International Silver Co
Metropolitan Trust Co
New England Cotton Yarn Co
Tefft-Weller
Utah Copper Co
Geea & Western Railway
Ola eDataillion Co
New Jersey
Money on call and mercantile paper rates in New York markets
Money on call on Stock Exchange ranged around 1 percent with most loans at 1 percent and time money quotes from 2 1 2 to 8 percent for various terms. Mercantile paper yields quoted 4 4 4 percent for sixty to ninety days, 3 1 4 4 percent for four to six months, and 4 4 5 percent for others. Foreign centers report firm or mixed rates with London Paris Berlin steadiness and New York Clearing House figures showing exchanges near 3.896 billion with a debits balance of about 1.1 billion. Sterling and continental bills listed with minor adjustments. exchange quotes for francs reichsmarks and cables provided for different maturities. Exchange on New York at Boston showed a premium while Chicago noted a small premium and New Orleans a mix of discounts and premiums.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile
London
Paris
Berlin
Biber
Ew York Clearing House
Treasury
Sterling Exchange
Continental
Reichsmarks
New York
Boston
Patoc
Chicago
St. Louis
New Orleans
Bank
San Francisco
St. Paul
Silver Quotations Steady in London and New York
Bar silver held at 24%d per ounce in London and 52%c0 per ounce in New York with no change. Mexican dollars quoted at 44 50a.
MENTIONED IN THIS ARTICLE
London
New York
Philadelphia stocks steady after morning weakness
A Philadelphia trading session showed limited selling of local securities as the market recovered from early losses. Notable quotes included Union Traction slipping to 52 and Lake Superior Copper selling down to 23, with several issues closing near prior levels after an uptick in late trading.
MENTIONED IN THIS ARTICLE
New York Times
Philadelphia
Lake Superior
Union Traction
American Cement
Amal
American Railways
Bell Telephone
Interboro-Met
Keystone Tel
Lake Sup
Lehigh
Lehigh Valley
N. Y
O. & Wassecses
Penna. R
Phila. Co. Pf
Seoees
Phila. Hlec
Phila
Rapid Tr
Pee Poe
Heb
Eermeepaeenee Oy
LonOeeener Tee
Ted . Coa
Coffee market shows near-month premiums slipping
The coffee market moved toward lower near-month premiums with closing around 15 points down. Trade cited 10,250 bags sold as importers dumped near months while Havre rose 14 francs and Santos gained 50 reis. Brazil port receipts totaled 19,030 bags with Jundiahy receipts at 12,000. Rio spot quiet at 7 4 8 cents for Rio No 7.
MENTIONED IN THIS ARTICLE
Havre
France
Hamburg
Rio Cabies
Santos
Jundiahy
Rio No. T
Also Mentioned on This Page
Amer
Borden’s
Cincinnati Northern
Queens
New York Transfer
Central Railway Syndicate
City & Suburban
International Silver
Pac.Gas & Elec
Pere Marquette
Western Pacific
J.K Rice, Jr.& Co
Wall ST
Hanover
Spencer Trask & Co
William & Pine Streets
Continental Coal
Consolidated Indiana Coal
Atlanta & Birmingham
Sunday Creek
Toledo, St. Louis & Western Ser
Wheeling & L. E
Wheeling
F. J. Lisman& Co
Broad
Baltimore
Hartford
Barney & Smith
Childs
Federal Sugar
U. S
Hallowell & Henry Tel
Beaver
American District Telegraph O of
N. J
Empire Steel & Iron
Hudson Companies
Knickerocker Trust Co
Ctss
Seies Ie
Frederic H. Hatch & CO
United States
Central RY
E. W. Bliss Com
Rochester
Syracuse
East
Texas & Pacific Coal
Tri-City
RY. & Light Com
PFD
Union Steel
WM. M. Clarke
Tel
Rector Traction—Lighting
L. F. Hepburn Strate, Y. Pough & GO
Nix Wilkesbarre & Eastern First Mortgage
Internat. Nickel CO
Securities DU Pont Typ CO
Securities Oil Fields OF Mexico CO
S.H. P. Pell & CO
Exchange Pl
N.Y
W. Halsey & Co
Slattery & Peoria
Evansville
Springfield International Laclede Gas
BU . Co. Caight Co. Ry
Lit Trac
All Street
Broad. m. Pfd. Co. Om.d
Knickerbocker Trust Company
B. Swartwout & Appenzellar
John
Pine Street
E. I. du Pont de Nemours Powder Co
Henry Bros. & Co
Dway
Telephone
City
Rector
White Committee
Pittsburg
Crucible Steel
Wesee
Independent Brewerent Cornet Pt
Weere Tees
Pittsburg Brewing
Pittsburg Coal
Ross Mining
Union Switch Bi
United States Steel
Air -United States Steel. Pt
Crees
Elec
Iby
Kansas Gas
River Coal
Jones & Lahiin
Kansas Bcccces
Safe Deposit & Trust
Wcccree Am
D. T
Am. L. Pf
Smitrs
Toe Itepans
Snuff
Caccees
A. Tob
Cc. St. L
Cleye, &P
G. Pf
P. C
Phelis-D’ Ge
Ft. W
Quicksilver
R. R. Sec
Ill. C
Rens. & S
Rutland Pf
St. L
Bt. L
F.C
Re. S
Sked
P.jn W
T. C
R. T
U.C
M. Pf
U. Rys. In
U. RI. Pf
Leath Pf
Va.Car. Ch. Co. Pr
Estes
Allis-Chalmers Pf
Ee Ae
Ry —O
Agricul. Chem
Car & Foundry
Hide & Leather
Hide & Leath.pf
Ice Securities Seeee
Linsee Eoceneeene
Linseed Pf
Maere
Cere
Am Tel
Wateraeneas
Atlantic Oast
Baltimore & O Io
Baltmore & Ohio Preess
Bethlehem Steel
Chicago & Alton
Western
Aee
Mil
Col. & Hockers
Delaware & Hudson
Denver & Rio Grande
Den
Rio Grande Pf
Duluth
Erie
Erie Ist
Ccecsccess
General. Electric
Great Northern Peeee
G. N. Certs. Ore
Wiinois Centra Eee
Interborough-Met
Bre
Iowa Central
Kansas City
Manhattan
Mercantile Marine
Kansas & Ee
Tex
Missouri Pacific
Nat. Biscuit Co. Pf
Rey
Nat. Enam. & Stamp
Nat. Lead Co
Nat. Enam. & S. Pf
Eles
Rain Nate
Nat. Lead Co. Settee
Rys
Mex
N. Rys
Apf
Newhouse M.eees
Vortelle & Western
Norfolk & West
Pacific Mail
Aa Louis
Osea Cat Wees S
Ziressed Steel Car Pt
Pullman
R’way Steel Spring
sR'way Steel Sp. Pt
Readie
Rep. Iron & Steel
Rep. Iron & Steel Pf
Rock Island Co
S. F
St. Louis Southwest
St. L. Southwest
Sit i. Sloss-Shef. S. N
R’way
Texas & Pacific
Third Avenue
R’way & Light
Tol & West
Tol
St. L. & Bappl
CP. Eee
Union Bag & Union B. & Paper Pf
Union Pacific User
United Dry
S Pf
S. Ealty & Imp
U. Ss
U. S. Steel
Ss. Steel
Utah Copper
Maryland
Western Union E
Westinghouse E
Westinghouse i Pi
Wisconsin
Gaeerai Ene
Wis
Central Pf
Tir
Lake Shore
Mae Ne
Ee Man
Beach
Seaee ST P
C Cc
St. Bl
Wee
Outside Securities
BONDS
Ues
Iowa
Ceti
Kan City
Ann
LS &M
J Corre
Chiesa & Ernest Mtg
Chisholm & Ee Eeector
E. & Bernham Co
United Electric Co
N. L
Elizabeth, Plairfield & Central Jersey
Bergen Turnpike Co
B. H. & F. W. Pelzer
Exchange Place
N.Y. Hanover
Vera Graz & Pacific
Curt
STOC
Lisman
Broad Street
Is & Romaine
Consolidated Stock Exchange
N. Yew
York Cotton Exchange
New York Produce Exchange
McCurdy Henderson & Co
Bankers Steele
Nassau Street Vers
Stment Securities
Jas. B. Colgate & Co
Investment N.Y
Bank White & CO
Pine St
HE Hoggson
Hoggson Brothers Inc. Designers and Builders of Fine Residences
East 44Th Street, New York
George W.young & Company
N. Y. Stock Exchange
Cedar Street
Malcolm Stuart
Broadway
New YO York
Warren Gzowski & Co
Cobalt
Toronto Stock Ee
Colborne
Torontoy
Direct
Wire
Brooklyn Trust Company
Montague Street
Fulton Street
Brooklyn
Windsor
Crisi T Company
Uptown
Tees
Fifth Av
47Th St
Nassau & Cedar St
Commercial Trust Company Op Mew Juzszr
Jersey City
N. 2
Michoa
Socese
Cooes
SONY
Msiae
Sterl
Mob & O
Nat Rys
Mexico
Iwasetachte
Nyc
Seaee
Allis-Chalmers
Np Col
Eewree
Steeeweewene Suive EL H&l
Eenseee
Hw & H
Wu Oca Am Ag
Norf
He & L
Am “Tobacco
Pac ‘Ei & Telos
Daciciucaatws Ae
P. Morgan Wees
Am Tobacco
Penn
Armour
T & SF
Penn’ Co Gtd
Trust Coctis Ra
Riv & Gulf
St I. & Ss F
Wasevenes
Nash Col
Balt '& O
Seaboard
Sts
Clies & O
Eenee Ear & O
Cent Trust
UN B& P
Patras
Chi & East Il
Emewasen
Mil & St Paul
Econ Ees
Steerer
E Chi, RI
Anne Ewanne
Seeennee
Col Trust
C & IL
Union
Pac Ist & Re
Col & So
Ee & North
Underground
Electrys of
USA& Im
Ween Logy
Steel Corp Ske
Money and Exchange
Wed
City of
Rome
White Plains
Portland
Oregon
Salamanca
Meridian
Miss
W. Wi
O'Connor & Kahler
Wall Street, New York