Financial Markets Rally on Steel Shares Led by Banks and Railroads
Stocks rose broadly with steel shares at the center as investors covered commitments and banks moved funds to the Sub-Treasury. Erie issues were weak on earnings, but rails like Union Pacific Reading Southern Pacific and Louisville & Nashville followed the advance while bond activity also picked up. Wheat and corn holdings remained sizable but favorable versus past years.
MENTIONED IN THIS ARTICLE
Erie Railroad
American Railway Association Clearing House
Union Pacific
Reading
Southern Pacific
Louisville & Nashville
Erie
Stock Exchange
Stock Department
Treasury Department
Sub-Treasury
United States
Bank of England
London
South Africa
South America
Calendar Items and Upcoming Meetings
Calendar for today lists dividends payable and annual meetings for multiple firms and railways. Companies include American Car and Foundry, Canadian Pacific Railway, United Traction and Electric, Missouri Pacific Railway, St Louis Iron Mountain and Southern, Union Switch and Signal, and others with mentions of postponed meetings and expected payments.
MENTIONED IN THIS ARTICLE
American Car & Foundry Co
Canadian Pacific Railway
Celluloid Co
Central Leather Co
Missouri, Kansas & Texas Railway
Philadelphia Electric Co
Steel Spring Co
St.ars South Bend & Southern Railroad
United States Leather Co
United Traction & Electric Co
Providence
Atlantic Coast Line Co
Connecticut
Childs Co
Erie & Pittsburg
Globe-Wernicke Co
Lindsay Light Co
Alliance. Realty Co
Association of Motor Car Owners
Atlantic Mining Co
Greene Consolidated Copper Co
Kansas City
St. Louis & Chicago
Laflin-Rand Powder Co
Mexico Consolidated Mining & Smelting Co
Missouri Pacific Railway
Mobile, Jackson & Kansas City
Pennsylvania Co
Pittsburg Coal Co
Rock Island ’Frisco Terminal Co
St. Louis, Iron Mountain & Southern Railway
St. Louis
San Francisco
Union Switch & Signal Co
Market Summary from the Exchange on March 9 1908
Trading on the New York Stock Exchange showed mixed activity with numerous issues quoted across bid and ask columns. Notable moves included Allis-Chalmers and Amalgamated Copper among others, with railroads and industrials displaying varied gains and losses amid broad market volatility.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Knickerbocker Trust Board Faces Hiring Delays
Voting Trustees of the Knickerbocker Trust Company have not finished selecting the directors and officers for the rehabilitated camp. Assents to the resumption plan totaled 143,754, om 4914 BO% ama oats 997TL eae 50% me. OZ 274, Z 3014 13 19 ar s 1682 QQ 13014 145 anes 149% nw vn BT ats 69 $4 m 77% 131% 145% aor 5N% pie AR Boy ag S74 67 iv mie 8 amas ay 108- 41% -1 am & ig $1% .% Tt He oar
MENTIONED IN THIS ARTICLE
Knickerbocker
Knickerbocker Trust Company
Bonds Trade Display Shows Wide Range Of U S Securities
Transactions on the New York Stock Exchange list inter metropolitan and city bonds with varied yields and maturities. Numerous issues from railroads, utilities and manufacturing firms appear with prices and percentages, including Erie & W exchanges, Pacific lines, Reading gen 4s, and Northern lines, reflecting active market participation.
MENTIONED IN THIS ARTICLE
M's
Schmidt & Gallatin
New York Stock Exchange
Broadway
New York
Outside Securities Narrow Bounds Big Jump for Standard Oil
Standard Oil surged 25 points from Saturday’s price on thin curb trading mostly in 21 share transactions. The close was at 515 copper at small gains above Saturday’s levels while Cumberland Coal and United Copper showed mixed moves amid limited offerings and broader market weakness in Boston and Butte.
MENTIONED IN THIS ARTICLE
Standard Oil
Coppers Gener
Cumberland Fly
Ater
Butte Coalition
Boston
United Copper Show
Fragmented stock quotations headline faded in OCR
The report lists bid and asked prices across multiple sectors including Industrials, Railroads, Mining and various named companies. It shows opening high low and last prices for many stocks with detailed figures and market notes from the prior day.
Money Market Rates and Exchange Bulletin Highlights
The report shows call money on the Stock Exchange at 1 to 2 percent with last loans at 2 percent, and time money at 3 percent for 60 and 90 days, rising to 4 1/4 percent for four to six months. Mercantile paper quoted 5 1/4 to 6 percent for four to six months. Clearing House balances reach 137,777,676 while sub treasuries show 27 million. Sterling exchange is weak with dollars around 4.8610 to 4.8650 and continental rates for francs and marks listed. Banks report a 503,000 gain since Friday, compared to last week’s drop of 42,000.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile
Clearing House
Aeaca
Treasury
Sterling Exchange
New York
Boston
St. Paul
St. Louis
Genatemen
Orleans
Bank
San Francisco
Treasury balances and market quotes in brief
Treasury figures show National bank notes redeemable at $1,575,917 with internal revenue receipts of $1,117,307 and customs $786,238. Expenditures total $2,110,000 while the reserve fund stands at $150,000 with trust funds for outstanding certificates at $8,373,869. Market notes list silver at 259-16 London and 55% in New York. Swift & Company beef sales in NYC averaged 8.10 cents per pound for the week.
MENTIONED IN THIS ARTICLE
London
New York
Washington
Treasury
Swift & Company
New York City
Chicago stocks and metals markest wrap report
Chicago stock market mixed with American Shipbuilding and Chicago Telephone leading changes as prices fluctuated midday. Metal markets in London and New York show copper and tin gains, while lead and spelter stay firm with standard price points and near steady bids.
MENTIONED IN THIS ARTICLE
London
Standard Foundry
Middlesborough
New York Metal Exchange
Lake
Cccvece Boelter
Aebneneel
Mining Stock Quotations From Wisconsin to San Francisco
The list presents today's mining stock quotations with numerous misreadings. Entities include Fen Goldfield Mines Crackerjack Belmont Jumbo Extension Mohawk Extension Montana Sandstorm Tonopah Exten Bullfrog Bullfrog Nat. Brew Golden Arrow Homestake King and others with scattered prices and symbols.
MENTIONED IN THIS ARTICLE
New York Times
San Francisco
Goldfield C
Mentcomery
Belmont
Diamondfield
WeNamara
Midway
Red Hills
Ceedeee
Montana
Alain
Esce Dfield
Bullfrog
Bullfrog Mining
Atlanta
E.se
E.s
Lone Star
Cedeos
Colorado mining stocks close on Colorado Springs Exchange
Closing quotations on the local Colorado Springs exchange list bids and asks for a string of mining stocks including Acacia Isabella Portland El Paso Johnson and Gold Dollar with prices shown as bid and asked figures in percent and dollars.
MENTIONED IN THIS ARTICLE
New York Times
Colorado Springs
Col
Aske
Bild
Acacia Ee
Isabella Sane Boy - Shu
N. Nahoo
Ot ‘Ickinney
Creem
Portland
Dr. Jackpot
Vindicator
Fikten
el Paso
Johnson
Record Steel Exports Reach New February High
Exports of steel reils billets beams blooms bars plates hoops wire and more from Eastern seaboard ports totaled 92 036 tons in February, a new record and 175 percent higher than January despite fewer working days. The February tonnage exceeds the last year’s average by 50 percent.
United States Rubber Company Subscriptions Offer
Coupon notes issued at 5000 dollars each redeemable at par on interest dates March 15 and September 15. They refund like maturing notes due March 15 1908 and are secured by subsidiary notes totaling 12 million dollars. Trust agreement bars new mortgage debt while outstanding and requires net cash assets at least 15 million dollars after liabilities except Funding Notes. As of December 31 1907 net cash assets were 24.296 million and nine months to December 31 1907 earnings exceed 4 million. Subscriptions shown at 97 1/4 and ABC interest yielding 7 percent with preferential rights for holders of Funding Notes maturing March 15.
MENTIONED IN THIS ARTICLE
United States Rubber Company
United States Rubber and Subsidiary
Rubber Goods Manufacturing Company
ABC
Also Mentioned on This Page
Sound Investment
Plympton, Gardiner & Co
William ST
N. Y
A.b.leach& Co
Bertron, Storrs
Griscom
Street
York
W.L. Lyons
New York Cotton Exchange
Chicago Board of Trade
Louisville Stock Exchange
Exchange Place
Cor
Flatiron
Louisville
Keller Building
Ever & CO
Hanover
Bankers
Securit Having
N. W. Harris & CO
Bankers Pine Street
William New York
Carpenter
New York Stock
Baggot & Co
Cotton
Bonds
B. & O. Prior
Lake Shore
St. Paul & Nov
Taylor, Smith & Evans
Walls
Brown Brothers & CO
Wall Street
Philadelphia
Baltimore
Dominick & Dominick Bankers
Cortlandt
Simon Borg & CO. Bankers
Nassau St
Investment Securities
Bonds Bank & Trust Co
Gerold & Banfield
Broad ST
Amer
Bke
Giroux Cons. Copper Co
Broad
H. Wic Bearman & CO
William P. Bonbright & CO
George St
Colorado
E. C
B. Wilson
D. M. Ferguson
L. B. Wilson & CO
Consolidated Stock Exchange of
Wall ST
STEEL
Eer
Allis-Chalmers
Allis-Chalmers St
Am. Car & Foundry
BOL
Car & Foun
American Cotton Oil
American Express
Ice Securities
Soi
Am. Smelt
Am. Steel Foundries
Am. Steel
American Tobacco
Arch
Top
S. F
S. F.pr
Nso
Baltimore & Ohio
Jfatepilas Mining
Bethlehem Steel
Brook
Rapid Transit
Yoo
Canada Southern
Pacific
Can. Pac
Cfs
St Pa
Central Leather Mo
Cent. Leather Co. Pi
Central R. R
N. Jw
Chesapeake & Ohio
Chicago
Adtoy
Gt. Western
Gt. West
Pt. i
Lake Erie & Western
Louisville & Nash
Mexican -Central
Chi
Mil
Daid.co
Chicago & /orthiwest
O. Pt
Union Tract
Mon Cley, C
Roy
Colorado Fuel & Iron
Distillers’ Securities
TURES
Yceuric
Tara
Great Northern
G. N. Pf
N. Certs
Interborough-Met
Iowa Central
Kan
City South
Minn
St. P
Texas
Missouri Pacific
Nash
Chat
St. A
Nat. Biscuit Co
Nat
Enam
Brp
Nat. Lead Co
Aig
Nat. Lead Co. Pt
Newhouse M. & cl
N. Y. Air Brake
New York Central
St.Li
N. H
Hart
N. J
N. Ont
West
BOR
Norfolk & Western
North American
Northern Pacific
N. P. Redts
Pacific Coast
Mail
Pennsylvania R. R
People's Gas
Peoria & Eastern
Pittsburg Coal Pis .S S
Pressed Steel Car
Pressed Steel
Pullman Company Nor
Vise St
Sesecca
Rep. Iron & Steel
Rep. Iron & S. Pf
Rock Island Co
St. Louis Southwest
St. L. Southwest
Navses
Southern
R’way
South
Tennessee Copper
Texas & Pacific Veges
St. L
W. P
Twin City
United Rys
United Rus
U. S
U. S. Realty’ & Imp
U. S. Rubber
So Steel
Veasicsew Wes
U. S. Steel
Wale Uialeters
Utah Copper
Caro. Chemical
Iron, Coal & C
Western
Maryland
Western Union
Westinghouse E. & M
Wheel
L. E
Ana
United Railways
Mobile & Ohio
Indiana
Toledo
Twin City Rapid Transit
Delaware, Lackawanna & Western
Albany
Grand Trunk
le Grand Trunk Western
Canada Atlantic
Minneapolis
ST. Paul & Sault Ste
Ees
Detroit
Grand Haven
Milwaukee
Marie
Syracuse, Binghamton & New York
Aneiees
W. Abash
Consolidated Exchange
Am. C. & Fdy
Loco
An Koutting
Sugar Ag
Wwene
Ches
Ohio
Ccesnees
Nor. Pac
Pacific Mail
P. S. Car
Rep
Beoneweed Rep. Steel
Ae Island
R. Pi. Creee
Ban Coceee
Weoces
Texas Pac
Union Pac
Eoc
Belcher
Comb. Frac
Comstock
Elkton
G'field -Con
Kendall
Ophir
Potosi
Silves’ Plek
Ama
Ars 1682
Mie
Capepeues
Erie & W
Ash & Micha
Eee Renee
Ceesees
Ox — 2d Inc
K& Ts
T & SF
NH & H
Istinstal
Ceeskitty Balt & O
Norf & Wr Con Priory Bakes
Saedie
Nort
Baceteahes
Enee
Owen
Lomo
Norf & Wa
L.goo
Ee LO
Tom Boo
Paiys - Wecesheas
2D-Inc
Inc
Pocoene Shed
Dotintssiene Rass Sas
Diane
Min & M
Ches & Ogen
Chi & Alton R
Pi RI & Pac Ry
Colo
Industrial
Col & So
del & Hudrien
shiAtciannes
Corp
Ing & Loref
Mil & Ms
Paul
Jon Pac Cnv
Secee cl Sr & Imp
Steel ‘Corp Ske Fuy
Aspeta’ Am
Aso
Estingh el
NY & P
Outside Securities
IMSL
Panama
Pr Adams
iLic
Tan A
Lowe
Lin
Hikham
Bay State Gas
Con. S. S
Hav. Com
Man. Tran
Chi. Sud
Brit. Col
Putte Coalition
Butte & N.Y
Leon. Ariz. Sm
Ely Min
Davis-Daly Es
Delores Ltd
Douglas
Foster
Furnace Valley
Giroux
Gold Hill
Cgoldfield Con
Greene-Canae
Micmac Mines
Mitchell Min
McKinsey-Dar
Nevada Smelt
Nip. M. Co
N. Butte
Silver Queen
Stewart
Tintic
Tonop
Mont
Lana
Tinion Mines
United Copper
United Rice
Chi Gwei Gu W
Dedie & Om
Ila
Jons So
Consol. Iy DL
Bet
Det
Reo
Fd L Pt. Sly
Giroux Cr
W. c. Tr
Wit
Pare Ag
Brooklyn Ferry
Boston Copper
British Col
Butte
Cobalt Central
Central Foundry
Central Foundry Pf
Colonial
Chicago Subway
Cumberland-Ely Mining
Davie Daly Caves
Dominion Copper
Ely Central
Ons Os Ag
E. G
Grant
SRE
Hock. V
Homestake
Il. Central
Inger.-Rand
Inger.-R. Pt
Wis. Ce
Pace
G. S. le
U.S. L
R. R
Car
Vulcan
W.F
Ss . Westingh'se
Philippine Treasury
General Fund
American Shipbuilding Preferred
Chicago Telephone
Chicago Tel
Chi. Title & Trust
Diamond Match
Illinois . Brick
Biscuit Pf
Carbon
South Side Elevated
Swift & Co
United Box Board of
Wis
Blair & CO
Broad Street
Kidder, Peabody & CO
Devonshire Street
Mass
First National Bank