Markets Hopeful Amid Heat as Stocks Slip Yet End Higher
Trading on the Stock Exchange slowed by extreme heat with attendance down and volumes under 215000 shares. The market remained hard and closed with small gains as Pennsy cut dividends, Electric Storage Battery reduced payouts, and steel trade showed only modest improvement. Weather in the South and wheat reports suggested a favorable crop outlook. money markets saw little change and Berlin’s discount rates rose slightly while Paris money eased.
MENTIONED IN THIS ARTICLE
Stock Exchange
Cleveland
Pennsylvania
Electric Storage Battery Company
Cotton Exchange
Berlin
Paris
Calendar for today dividends and annual meetings list
Calendar for today lists dividends payable and upcoming annual meetings. Companies include American Chicle Co and American Woolen Co preferred shares, Bell Telephone Missouri, Chicago Telephone, Duluth Edison Electric, Garvin Machine, General Chemical, J H Dunham first and second preferred, Manufacturers National Bank, Mechanics Bank Brooklyn, Mortgage Bond Co, Morton Trust, People’s Bank, Seaboard National Bank, Seattle Electric, Standard Coupler preferred, Standard Safe Deposit Box, United Railways of St Louis preferred, plus Calumet and Hecla Mining, Homestake Mining, Kansas Natural Gas, North Butte Mining, Wichita Gas. Annual meetings noted for American Car and Foundry, Cramp Ship and Engine Building, Dominion Iron and Steel.
MENTIONED IN THIS ARTICLE
American Chicle Co
American Woolen Co
Bell Telephone Co
Missouri
Chicago Telephone Co
Duluth Edison Electric Co
Garvin Machine Co
General Chemical Co
J. H. Dunham Co
Manufacturers’ National Bank
Mechanics’ Bank
Brooklyn
Mortgage Bond Co
Morton Trust Co
People’s Bank
Seaboard National Bank
Seattle Electric Co
Standard Coupler Co
Standard Safe Deposit Bo
United Railways of St. Louis
Money, Rates, and Clearing House Figures Reported
Money on call on the Stock Exchange loaned at 1 1% with most loans at 1 1 4 per cent. Time money at 2 per cent for sixty days, 2 2% for ninety, 2 4 6 2 3 4 per cent for four months, 3 3% for five months, 1 354 per cent for six months, and 4 4% for over a year. Clearing House exchanges total $996 004 087, balances $12 655 833. Local banks gained $2 360 000 since Friday. Sterling at $4.8690–$4.8696, sixty days $4.8585–$4.8555, cables $4.8705–$4.8710. Continental rates: francs 5.18% less 3 32 and 5.15% less 5 64. reichsmarks 94 9 16 and 95% plus 1 32. guilders 40 4 less 5 64. New York exchange at Boston 8 10c discount, Chicago 25c premium, St. Paul 75c premium, St. Louis 25c premium, New Orleans commercial 75c discount bank 50c, San Francisco $1 25 premium.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile
Clearing House
Treasury
Sterling Exchange
Reichsmarks
New York
Boston
Chicago
St. Paul
St. Louis
New Orleans
Bank
San Francisco
Financial snapshot includes rail earnings and treasury figures
The data shows 1908 1907 earnings for several rail lines with mileage, June and July totals, plus the Lehigh Valley and Aurora Elgin Chicago results. It also lists Treasury conditions at June 24 including reserve funds, gold and silver holdings, certificates, and deposits in banks and the Philippine Treasury.
MENTIONED IN THIS ARTICLE
Alabama Great Southern
Buffalo, Rochester & Pittsburg
New Orleans
Texas
Ios
Aurora, Elgin & Chicago
Lehigh Valley
Commission
Washington
The
Treasury
United Stagin Ae
General Fund
Imp
Philippine Treasury
Csesccseresss
Mining Stocks advance modestly on New York Exchange
On Wednesday June 24 1908 mining stocks showed small gains as trading remained cautious. Leading issues drifted within narrow ranges with minimal volume while several miners posted fractional increases.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Goldfield Consolidated Leads Outside Market Pivot
Goldfield Consolidated traded 10,500 shares between 54 and 55-16 as gold stocks showed strength while copper issues remained weak and the curb market displayed narrow, nearly unchanged action. Yukon Gold advanced from 3 to 3 1/4 with limited activity overall.
MENTIONED IN THIS ARTICLE
Goldfield Consolidated
Yukon
Transactions in Bonds and Stocks Mixed with Market Figures
The listing shows bond and stock quotes with many figures across industries. Trading activity includes industrials, rail and utility sectors with prices, highs and lows, plus notable volumes for various issues.
Market closes with varied bids and quoted bonds and stocks
The report lists closing bid and ask quotations for government bonds and stocks, naming numerous issues with prices and percentages. It notes specific securities such as rail and utility bonds, mining stocks, and industrials, reflecting a broad market snapshot from the previous day.
Boston Stock Market Quiet With Little Change
The Boston market remained quiet with light trading volume and prices showing little or no change from yesterday. The close was described as quiet and featureless by the report from June 24.
MENTIONED IN THIS ARTICLE
The
New York Times
Boston
Coffee market steadies with modest gains and steady futures
Prices closed unchanged to up five points as demand held steady for 15,500 bags, including some July positions. The day opened flat to five points higher, tracking a steady French market. Rio spot quoted 6 14 cents, with mixed futures across the curve from July through May showing narrow ranges.
MENTIONED IN THIS ARTICLE
New York
Rio No
Jung Coveesees
Ccoeeeese
Ecreseee Ee Ain
Wee Ees
Seeees Es
Csecseee Ee Ee
BRS March
Secs
Cseeee
Csc Sc
Securities auction results from the Exchange Salesroom listing bonds and stocks
Auction action at 14-16 Vesey Street by Adrian H. Muller & Son details numerous securities disposed including $5,000 Consolidated Indiana Coal Co bonds, $4,000 Sloss Iron and Steel Co bonds, United States Steel preferred shares, American Smelting preferred, US Smelting Co bonds, Reduction and Refining Co bonds, Northern Union Gas Co bonds, Public Service Corp of New Jersey bonds, Herring-Hall-Marvin Safe Co and other items. Lists include bonds due various dates, percentages, and prices with many named issuers such as Broadway and Seventh Avenue RR, Empire Keystone Improvement, Brooklyn City Railroad, Carnegie Trust, and more.
MENTIONED IN THIS ARTICLE
Vesey Street
Adrian H. Muller & Son
Consolidated Indiana Coal Company
Sloss Iron and Steel
American Smelting Company
United States Smelting Company
United States
Reduction and Refining Company
First
Northern Union Gas Company
New York
Public Service Corporation of
New Jersey
Herring-Hall-Marvin Safe Company
National Lead Company Common
Broadway and Seventh Avenue Railroad Company
Empire’ Keystone Improvement Company
M. Zimmerman & Co
Brooklyn City Railroad
Commercial’ Trust Company
Carnegie Trust Company
Dirico Copper Mining Company
American Exchange National Ban
Lehigh New York Railroad
Oil
Mexico
Carbon Steel Company
American Express Company
San Gregorio Mining Railway Company
Lincoln National Bank
National Copper Bank
Houston & Texas Central Railroad Company Consolidated Mortgage
Missouri, Kansas &Texas Railway Company
Republic of Cuba
Hay
Allis-Chalmers Company
Major securities admitted to listing by Governing Committee
The Governing Committee approved yesterday additions to the Stock Exchange listing including International Paper Company 23,000,000 in first consolidated mortgage bonds due 1918, Denver & Rio Grande 367,000 in bonds due 1936, Chesapeake & Ohio 2,000,000 bonds due 1939, Wisconsin Central 800,000 bonds due 1949, Butterick 12,000,900 in capital stock, Brooklyn Union Gas 291,000 in bonds due 1945, Chicago Burlington & Quincy 16,000,000 bonds due 1958, Iowa Central 750,000 in bonds due 1951, New York Chicago & St Louis 5,000,000 in debentures due 1931, and American Snuff 12,000,000 preferred stock and 11,001,700 common stock. total listed amounts updated for several issues.
MENTIONED IN THIS ARTICLE
Ask
Allis-Chalmers
Amalgamated Cop
Car & Foundry Roly
Amer
Amer. Tel
Hogan
Baltimore & Ohio
Batopilas Mining
Brook
Rapid Seek
Brooklyn Union Gas
Liz
Canadian Pacific
Central Leather Co
Cent. Leather Co. Pf
Chesapeake& Ohio
Chicago
Gt Western
Gt. West
Mil
St. Paul
Chi
Northwestern
Colorado Fuel & Iron
Colorado Southern
Col South
Consolidated Gas
Delaware & Hudson
Rio Grande Pi
Distillers
Erie Ee
Fed. Sugar Res. Pt
General Chemical of
Great Northern of
S. N Certs
Illinois Central
Interborough Met
Harvester of High International
Speaie
Louisville &Nash
Mackay Cos
Manhattan
T.r
Minn
St. Louis
JM Minn
St. P
Kansas & Texas
Kan
Tex
Missouri Pacific
National Biscuit ‘Co
National Lead Co
Newhouse M. & Oe
Y Central Ae
BES Lss Ont. & West
Norfolk & Western
Rock Island Co
Republic I
Rock Ee Co
Voto
St. L
TBO
Southern Pacific
Southern Ry
South
Third Avenue
Toledo
Tol
ie nion _ Pacific oe
Union’ Pacific
U. S
Eceseane
S. Steel
Sera Ninaate
Utah Copper
Seccoses
Wabash
Westinghouse E. & M
Westinghouse
Wheel, & L. E
Wisconsin Central
Comstock
Stock Exchange
International Paper Company
Denver & Rio Grande Railroad Company
First Consolidated
Chesapeake & Ohio Railway Company
Wisconsin Central Railway Company
First General
Butterick Company
Brooklyn Union Gas Company
Chicago, Burlington & Quincy Railroad Company
Iowa Central Railway Company
New York, Chicago & St. Louis Railroad Company
American Snuff Company
Grain and Provisions Market Summary
Grain report notes firm wheat trends with July weakness fading. Export buyers taken around thirty loads. Kansas wheat cited at Chicago weighing sixty pounds per bushel in some districts. Interior receipts 313 000 bushels vs 423 000 last year. Cash wheat quotes listed for No 2 red No 1 Northern Duluth and No 2 hard Winter. Corn arrivals 598 000 bushels interior, vs 1 111 000 last year. Liverpool and New York futures show modest declines.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Berlin
Budapest
Northwest
New York
Duluth
Metal Market Slips on Copper and Tin Prices
London copper eased by 12s 6d with spot at £57 7s 6d and futures at £58 2s 6d. Pig tin fell to £125 15s spot and £126 78s 6d futures. Lead and Spelter held steady at £12 12s 6d and £18 15s respectively. New York spot quotes showed copper and related metals near Tuesday levels.
MENTIONED IN THIS ARTICLE
London
Cleveland
New York Metal Exchange
Telg Spelter
Ceseees- Lo
Eseeeeeess
Produce Exchange Stock Prices Report
The stock section notes yesterday's principal transactions with opening high low and last prices. Listings include Branch Mint at 03 percent, with a 42,000 sales figure and a record of opening, high, low, and last.
MENTIONED IN THIS ARTICLE
the Produce Exchange
U H
Philadelphia Prices Show Market Slowdown and Dividend News
In Philadelphia on June 24 Trading at the local Exchange declined with Reading United States Steel and Lehigh Valley leading turnover. Electric Storage Battery fell on a quarterly dividend cut while traction stocks were dull but slightly higher. Tonopah Mining directors expected to meet with a 25 cent quarterly dividend anticipated amid total sales of 11 724 shares.
MENTIONED IN THIS ARTICLE
Philadelphia
Reading
United States Steel
Lehigh Valley
Tonopah Mining
Hich
Brooklyn Rap
Ches
Ohio
Mit& St. Bill
Electric Co
Flmira & Williamsport
Elec
Stor
Hunt. & Broad Zep. Pf
Lehigh Valery
Lehigh Navigation
Bie
Lehigh Nav. T. c
Pennsylvania
Phila. Electric
Phila. Rap. Transit
Phila. Traction
Union Pacific
Union Traction
Bond Trading Quiet as Seaboard Declines in Baltimore
In Baltimore on June 24 brokers moved lightly in bonds with Seaboard down about one point while Tight and Power 41s rose two points. Trading included 30 shares and 70,000 dollars in bonds.
MENTIONED IN THIS ARTICLE
Baltimore
Seaboard
Stocks and bonds offerings from William P. Bonbright Co
The notice lists preferred stocks and bonds from firms including Mobile Electric Company 6% preferred, Duluth Edison Electric 6% pref, San Diego Gas & Electric 5% stock, Oklahoma Gas & Electric 5% stock, and others. It mentions contact via Nassau Street New York and 24 Broad Street, with phones 3230-8231 and 3232 Rector.
MENTIONED IN THIS ARTICLE
Bethleehem Steel
Buffalo-Susquehanna
Cicero & Croviso St. Ry
Milliken
Egargel & Co
Nassau Street
New York
Rector
Mobile Electric Company
Duluth Edison Electric Co
San Diego Con. Gas & Elec. Co
Oklahoma Gas & Elec. Co
William P. Bonbright & CO
New York Stock Exchange
Tel
Broad St
Also Mentioned on This Page
Brown Brothers & Co
Wall Street
New York, Philadelphia & Boston
A. B. Leach& Co
Broadway
Adirondacks
R.H. Fiero & Co
New York Stock Wackenae
Saranac Lake
F. Y
Lake Placid
Stevens House
Paul Smith’s
Paul Smith's Casino
Henry Clews & Co
Sapoaea
Bertron, Storrs
Griscom
Kers
Land Title Building
Saratities
28Th & 29Th Sts
Crosstown R.R
Pfaelzer & CO
New York City
W.l.lyons & CO
New York Cotton Exchange
Os Board of [Trade Louisville Stock Exchange
Exchange Place
Cor
Flatiron
Louisville
Keller
N.W. Harris & CO
Pine Street
William New York
Otis Elevator Co
Havana Tobacco
New York Transportation Royal Baking Powder
J. L. McCormack
Illinois Central Rights
Eglinton, Hammond & Andrews
Securities of Gas and Electric Companies
Plympton, Gardiner & Co
William St
Carpenter
William
New York Stock, and Other Exchanges
Gsu
Dominick & Dominick
Cortlandt
Potter, Choate & Prentice Members Bank At
Simon Borg &Co Bankers
Nassau St
Investment Securities
American Car and Foundry Co
Cramp Ship and Engine Building Co
Dominion Iron and Steel Co
Money and Exchange
the Treasury Balances
Ping Sane
Outside Securities
Alaska
Bosto
Butt- Soo
Mont
L&s
Pat
Lewetes
Ofad
Ava
Fseesee & Sole
Am. Li. Co
S —F
Am. Sn. Pf
Am. St
FE A. SR. Es
Ss of
City
Los
Peeters ON
Bai
Duis& Fie
U Anhat
There
Pac Thaei
M. Pf
S. Pf
Flor
Cc. & St
WIS Smi
Inc
Adems
L. BE
Dh Ag
iLake
W. B.S. Pf
Mackaly
C. Pf
Man
Reach
Bissecoit Saeen
MD C. Pt
Marine Tel
A. C. QO
Met
St. R
Su T. Las
T. Enam
Shoeenn
Anada
Tej
Girov
Green
Greer
King
Miam
Miem
McK
Orpha
Tintic
Tono
Toney
Tayra Frase
United Ropper
I Oy
Yukon Gold M
Nat. Rys
Ani
Ur Reese
Vicaweacene
Sma
Wedesn
San An & A
Wagls Ba
Sekoto Isa Pac
del & H
Ion Pac
Col Industria
Cnecans
el & MO
Osecwees
S$ Steel
Accenee Ss
Weectee Dig
Cccees
Iror
Les
Psi
Pepe
Tin Fe
S&s
Tay
Cuba
Ld Wismo SS
S&t
Gloe
S.-S. Ss
U. Ry
DR. 5S & Tex. C. Pt
Ste
R. T. Pf
U. S&s. Leath
Eerie
Ea Gen. C. Co
Inmp’t
E. R
E. Ry. Cs. T
S. P
B. Lewa
M. R
Wis
K. C
Ne & M
Rand
Cc & Inter
Boston Copper
O Brit. Col
Cobalt Central
Cumberland-Ely
Davis-Daly
Dolores, Ltd
Dominion Copper
National Copper
Issseee
Ornare
Greene-Cananea
Greene
Havana -Tobacco
International
Miami
McKinley-Darragh
Penn-Wyyoming
Union
Deakoz
Yukon Gold Mines
Boston Stock Market
Ater Cenes
U. B. Coal & Oll
Atchison
Boston & Albany
West End
Cumberland
New England
Pnen
Roy
Woolen Pf
Pullman
Reece
Geersave
Seattle
Swift & Cons
Union C. L. & M
United. Fruit
United
Steel
Steel of
t+Adventure oeresee
Amalgamated Eresee
Atlantic Cacaacwweses
Bingham Srereeeees
Con Wee
Boston & Ee Sae
Butte. Coalition
Eee
Cal
Be Aris
Ia Oodheif
Cal & Hecla
Mercureeneee
Ihe
Elm River Ware
Franklin Eae Wees
Greene-Can Sees
Isle Royale
la Salle
Seers
México
Steene Enaees
Michigan
Osceola
Waesenae
Ss. Osseee
Consolidated Exchange
Cc & Fay
Ee. F. Cesses
Toby
Can
Pacific
Col
Lias Sane
Erie Tod Towee Toe
Inter
Central
Tao
Reading Nee
Rock
Bo Ry
Union Pac
Wade
S. Rubber
U. S. Steel
S. Steel Pf
Wabash Pf
Atlanta Nist
Batopilas
Blue Bell
Aiee Ooty
Con. C. & Va
Comb. Frac
Sree
Diamondfield
Daly
Eenee mi
Elkton A Dee
Goldfield
Ophir
Potosi
Portland Ween
Grain and Provisions
Eptember
Metal: Market Reports
Produce Exchange
Renee
Seaboant
T. Ga
Augusta Ry
Charleston
Elecy
S& Ss
City & Sub. He
United Ry
Light & Power
S. Stocks
Mechanics Bank
Tucker, Anthony & CO
Bankers
Broad Street
News¢Ee
Boston Stock Exchanges
State Street
Fifth Avenue
Farmers’ Loan and Trust Company
41St Street
Fulton
Nassau
Guaranty Trust Co. OF
Lombard ST
E. C. Capital
John W. Castles
Washington Trust Company Postal