Financial Markets Rally After Short Interest Check
Wall Street closed with renewed strength as short sellers were covered late in the day. Banks gained from Sub Treas ury inflows while traders eyed Roosevelt's possible Sherman law changes and the Aldrich bill's railroad bond provisions.
MENTIONED IN THIS ARTICLE
Pittsburg
Central Vermont Railroad
Chesapeake & Ohio
Roosevelt
Congress
Inter-State Commerce Commission
Sub-Treasury
United States
Iron-Silver Trade Report Sets Record at N Y Exchange
On Tuesday March 17 1908 the New York Stock Exchange shows Iron and Silver trades at 1.50 per unit, with the same figure recorded in related listings. The concise price listing notes 1.50 in multiple lines indicating steady quote activity.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Cotton Market Ends Near Lows on Good Weather
The Cotton market closed down 9 to 14 points amid strong weather, with most months posting low records. Sales estimated at 225000 bales as spot markets eased. local prices ranged around 10.25 to 10.85 in March to December contracts. Southern spots showed mixed moves with New Orleans and Memphis slightly higher or lower, while overall activity remained quiet. Special to The New York Times.
MENTIONED IN THIS ARTICLE
Marlow
Mississippi Valley
Gulf
New Orleans
Memphis
Houston
Mobile
Savannah
Norfolk
Augusta Steady
Wales
Outside Securities End Mixed As Markets React To Early Advance
Outside securities closed with irregular net changes after an early 25 point rise in American Tobacco amid 318 shares traded. Standard Oil traded 505 to 508, with mining stocks active including Consolidated Arizona Smelting at 25,000 shares and Cumberland Ely 8 to 8 1 2, totaling 11 500 shares. Bond sales were mostly Consolidated Steamship bonds at 10.
MENTIONED IN THIS ARTICLE
American Tobacco
Standard Oil E
Consolidated Steamship Bonds
Toledo, St. Louis & Western Collateral Trusts
Consolidated Arizona Smelting
Cumberland-Ely
Sal
Tobacco
Bay State Gas
Gen
el Disp
Manhattan Tr
Standard Oil
Alaska M. Sec
Barnes-King
Boston Copper
British C. Cop
Butte Coaltion
Butte & N
Ely Minst
Davis-Daly
Greene-Canan
King Edward
Con. C
U.M
Nip. Mines Co
A. Butte
Penn Wyoming
Sup
Pitts
Tonopah
Midway
LT. M. of New
Trinity Copper
United Copper
United
Rico
Giroux Con
New. C. C
Tol
St L.& Col Tra
Brooklyn Ferry
Brit
Col Con Ae
Butte Coalition
Butte
New York
Cobalt Centra
Central Foundry
Chicago
Cumberland-Ely Mining
Davis-Dalyer
Dominion Copper
Ely Central Eseerenene Goldfield Consereecee
Havana Tobacco
International Salt
Manhattan Transit
Micmac Mines S .Eeee
Mines Co. of America
Nevada Copper
Nevada-Utah
O- Otis Elevator
Big United Copper
Calendar for Today Meetings and Closings
Calendar notes books close and lists several company names including American Can Co. Houghton County street Railway preferred Milwaukee and Chicago Breweries Mines Co. of America National Sugar refinery Co. preferred North Star Mines Southern Pacific Co. Pacific Coal Co. United Banknote Corporation preferred Westmoreland Coal Co. Consolidation Coal Co. Electric Storage Battery Co. Lake Superior Corporation Texas and Pacific Railway.
MENTIONED IN THIS ARTICLE
American Can Co
Houghton
County Street
Railway
Milwaukee and Chicago Breweries
Mines Co. of America
National Sugar Refinery Co
North Star Mines
Southern Pacific Co
Is Pacific Coal Co
United Banknote Corporation
Westmoreland Coal Co
Consolidation Coal Co
Electric Storage Battery Co
Lake Superior Corporation
Texas ‘& Pacific Railway
Money on Call and Time Money Rates and Exchange
Money on call on Stock Exchange loans at 1 4 2 percent with last loan at 2 percent. Time money for sixty days at 3 14 8 14 percent and for nine ty days at 3 1773 percent. Mercantile paper 3 TM 6 percent for four to six months. Exchange rates: Sterling weak at 4.8580 to 4.8585, sixty days at 4.5310, cables 4.8605. Continental bills quotes given. New York exchange at Boston, Chicago, St Paul, St Louis, New Orleans and San Francisco various discounts and premia. Banking balances and market sums noted from the Hou se statement.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile Paper
Jearing Ilouse
Sub- Treasury
Sterling Exchange
St. Paul
St. Louis
New Orleans
Bank
San Francisco
Silver Quotations and Mexican Dollars Misdated
London quoted silver at 254 per ounce while New York shows a dalge figure. Mexican dollars listed at 47fe, with OCR errors likely.
MENTIONED IN THIS ARTICLE
London
New York
Market Report From Pittsburg Incal Exchange Trading
Special to The New York Times lists stock and bond transactions on the Incal Exchange in Pittsburg dated March 17. Stocks include C D P Tel Co 108, Czabria Steel pf 35, Fire Proofing 300, Independent Brewing 6% 34, Pittsburg Brewing pf 39, Pittsburg Plate Glass 92, Westinghouse Air Brake 95, S. Steel pf 97 1/8. Bond shown: $2,000 P. M. & C 5s.
MENTIONED IN THIS ARTICLE
New York Times
Pittsburg
Incal Exchange
Czabria Steel
Independent Brewing
Ind
Brewing Pf
Oss
Sean Pe
Ohio
Pittsburg Brewing Pf
Pittsbure Plate Glass
Vero
S. Steel-pf
Westing
Treasury Figures Show National Bank Notes and Receipts
Treasury at opening shows redemption of national bank notes totaling 1,397,927, receipts from internal revenue 250,455 and customs 990,452 with miscellaneous 185,995 and expenditures 1,820,000. Reserve fund coin and bullion at 150,000,000 and trust funds to redeem outstanding certificates totaling 834,033,869. Deposits in national banks 1,294,163,860 with Philippine Treasury awaiting reimbursement and current assets 168,662,464 and 215,086,874 in various accounts.
MENTIONED IN THIS ARTICLE
Detroit
Toledo & Ironton
Bangor & Ae
Ccccocces
Oie
Mos
United
Railways OF
Cambria Steel
Isle Royale Copper Company
Hussey-Howe
Washington
Treasury
Reserve Fund
TEE Siso
EMG One Caeetheter
Philippine Treasury
Banking reports show shifts in Connecticut and Baltimore rails
Trading was light in Baltimore as Atlantic Coast Line of Connecticut rose 2144 points and United Railways gained in price. Baltimore City 34s slipped 4 percent while bonds and shares traded at 17 500 dollars. State Banking Conditions reveals changes in banks and trust companies outside New York City for last week per the State Superintendent of Banks.
MENTIONED IN THIS ARTICLE
New York Times
Baltimore
Atlantic Coast Line
Connecticut
United Railways
Baltimore City
New York City
State Superintendent of Banks
Ball City
Atlantic C. L. Con
City & Sub
Seaboard
United Railways Inc
United Rus
A. Cc. L. of
Connembed
Maryland
Fidelity & Deposit
Maryland Casualty
Reisterstown
Grain and Provisions Wheat and Corn Market Report
The report notes unexpected strength in Liverpool and colder Southern Russia, with reduced Chicago stocks lifting wheat briefly before easing on favorable domestic crop news. North West arrivals total 401 cars, mostly Winter wheat, while Liverpool up and Pest down. Cash New York prices show No. 2 red at 1.01 1/2 elevator, 1.02 1/2 FOB. No. 1 Northern at 1.143 and No. 2 hard at 1.12 1/2 FOB. Corn features a 25-cent Chicago close jump though overall strength remained cautious with light export clearances. Cash New York No. 2 at 74 1/2 elevator and 76 1/2 FOB, other grades nominal.
MENTIONED IN THIS ARTICLE
Liverpool
Russia
Chicago
Budapest
New York
Northern
Duluth
Closing quotations on the Colorado Springs Exchange
Colorado Springs March 17 closing quotations show bids and asks for local securities and items. Listings include Acacia, Dr Jackpot, Elkton, El Paso Vindicator, Golden Cycle and others with varied bid and ask figures.
MENTIONED IN THIS ARTICLE
New York Times
Colorado Springs
Col
Acacia
Dante
Inlisabelle
Dr. Jackpot
Ekinney
Elkton
Fortland
el Paso
Vindicator
Rawlings
Findley
Philadelphia Stocks Rally From Slump As Trading Gains Narrow
Philadelphia stocks ended firmer after a downbeat session with readings in United States Steel and Reading showing notable interest. United Gas Improvement rose a point to 79 on orders, while overall volume remained light with most issues under 1,000 shares traded.
Also Mentioned on This Page
Bases Trask & Co
William and Pine
John ML
Pine St
Nroe & CO
Bosto
Letters OF Credit
Commercial Letters OF Credit
Foreign Exchange
Munroe & CO
Scribe
Paris
Kountze Brotars
Broadway
Cedar St
New
Chicago & Eastern
Illinois
R. R. CO
A. Kidder & Co
Tolman Bros. Securities CO
Pine Street
Chicago, ST. Paul Minn
Omaha RY
Offat & White
Nassau Street
Ever & C
LIC
City Cable
Ee St
Chattanooga
Syracuse & Suburban
Laclede Gas Light
Leonard F. Hepburn
New St
Common Kings
County Electric Light and Power
Babcock & Wilcox
Rederic H. Hatch
Pealer
Broad St
Cripple Creek
Bank Metropolitan Trust
Rio Grande Southern
A Willard & CO
Hanover
A. X
American Pipe & Foundry
N. Y
Stock Exch.& Cotton Exchange
Wardwell & Adams
Manhattan Hotel
14Th St
W. Halsey & CO
Bankers Bonds
Wall ST
Phildelphia
Rtael Breoehancas
Pouch CO
Mallory S
Michi
Clyde
American Iron and Steel
Siegel, Heilner & CO
L. B
D. M. Ferguson
Wilson & CO
Consolidated’ Stock Exchange of
ICMAC
Thomas Reinhardt Rae
Cail
Ares
Rebater Way
Grante
Ask
Mt Eales
Allis-Chalmers
Glady
Amalgamated
Car &Foundry
Car & Foun
Amer
Ice Securities
Iy Nl
sAmer
To & i
Wey
Baltimore & Ohio
Brook
Rapid. Transit
Canadian Pacific
Stern Central Leather Co
Cent. Leather Co
Chicago Great West
Mil
Chi
St. P
St.p
Chicago & Northw
Autonad
Colorado Fuel & Iron
Colorado Southern
Col. Southern
Col. & H. C. Southern 2d Pf
Iron
Eee
Consolidated Gas
Delaware & Hudson
Denver & Rio Grande
Denver & Rio Gr
Pf. Mare
Distillers Ee
Dul
S. S
Erie
Fed. Min. & Smelt. Pr
General Electric
Great Northern
G. N. Cts
Ingersoll
Interborough-Met
Steam Ump
Steam-P
Te Fe
Iowa Central
Kansas City South
Louisville & Nash Oe
Manhattan
Minn
S.S.M
N. H & Hart
West
Norfollk O& Western
Northern Pacific
Uys
N. P
Pacific Mail
Pennsylvania
Feople's
Peiecure
Pullman
Rep
Iron & Steel
Iron & Steel Pt
Rock Island Co
Sloss-Shef. S. & Iron
Sloss-Shef. S. & I
Southern Pacific
Los
Tennessee Copper
Texas & Pacific
Texas Pac
Twin City R. Transit
Union Ba & Paper
Union B
Union Pacific
U. S. Realty & Imp
U. Rubber Wet
S. Steel
Caro. Chemical
Western Maryland
Western Union Tel
Westinghouse E
Wheel
Lake Erie
Boston Stock Market
The
At, &S F
Cyb. & Q
Toe
Boston Elevated
Op. Bost. & Worcester Pf
Elec
Ag. Chem, Soos
Ag. Ch
Wesceee Lly
Ceee
Woolen
Edison Fee
General Electria
Ga. Ry
Seecreedes
United Shoe
United Shoe Pf. Voce S
Ae Fs Steek A. Wey
U. S. Steel
Semenes
Waeereaee
Allouez Sae Ai
American Zinc Ae
Daly-West
Franklin
Greene
Mexico
Michigan
Mont. C. & C
Nevada
North Butte
Roy
Old Dominion
Oscodia
Ecseeeereeees
Parrot Pavecasicccess
Phoenix
Santa Fe
Pquincy
Trinity
Utah
Winona
Outside Securities
American Tobacco UP
Tuesday
Inter-Met
NS Oran
Mer Marine
New Yok
New Yk City
Yi City
Oor KC
Ft & M
Kenteky
Adams
Swovees
Am Tobacco
Louise & Nashy O
K& Pat
WMD
Kaw & Texas
Y Cent & Hud
Cease
Seeesens Y
Nh&hrr
Tom
Ereeees A
Othamete
Yorfolk & Wa
Divisn
Roch & Pitt
Canada
Acs
M & Co Ant
Nate
Chesapeake
Southwes
Coeesees
St Paul
St “Paul
L&w
Selene Cn Pacific
Tees Steel “Corp Col Mii
Col & So Ist
Seenbersee
Etewe
Col & Southern Ret Bow
Dasrass Ats & Ext
Eeresee
Ewee
Ate
Lcol & Oh Avist
Eeeeee
Eeeseees Consol Gas Co
Eezesees M1
Son - Bow
Ceeeees
Edison Wisles Tl
Weeeweere Oor
Serevees
Wth & DC Ls Aru
Seeneeses
Safos
RTL
Ee Bay
Eevese Rw
Leree Enee
Bet
Money and Exchange
Pittsburg Transactions
the Treasury Balances
Aré& F
Balt
Brooklyn
R. T
Pacific
Ohio Oyl
Oya
Fuel & F
Dist. Securities
BOR
Terie Ee
Gt. North
Oe . Louis, & Nash
Kk. &T
Mo. Pacific
Rock Island
Rock Island Pf
OAL Southern Pac
Wor
Bam
Southern Ry
Texas Pacific
Inion Pacific
Phan
Steel
S. Steel Pf. Org
Blue Bell
Cal &V
Comstock
Daisy
Kendall
Montgom
Grain and Provisions
Colorado
Philadelphia
Reading
United States Steel
Philadelphia Ronid Transit
United Gas Improvement
Amal. Gopper
Ami
Smitine .L
BSS Ees
Bel Telephone
St Combra Seremy Bype
Con. Tras
Electric Co
Fairmount Park Tran
Lake Sun
Es Valley
Paiads Traction
Usl
Mead O
Read
Rork
State of New York
Kountze Bros
Fisk & Robinson
United States Bonds Investment Securities
Boston
U.S. Steel Bonds
Steel Corporation
Chisholm & Chapman
Fifth Ave
N.Y
Queens Electric Light & Power Securities
J. Craig Havemeyer
Exchange Place
Bethlehem
Borden’s
Great Northern of Canada
International Silver
Mutual Fuel Gas
Pa. Coal and Coke Col. Tr
United Cigar Mfg
Megargel & Co
Redmond 2.Co
Miccuurdy Henderson & Co., Ankers A Ni Aus Nea
Eeets Investment Securities
Bank of Cuba
Fidelity Trust Irving Nat'l
Bank Goodman & Co
P. Freeman & CO
Broad Street
Broad
Girard Trust
Phtiladelphia
E. B. Morris
W. N. Bly
A. A. Jackson
C. J. Rhoads
Edward §. Page
AUC
Briteary
Nassau ST
Commercial Trust Company Ay New Jexsxy
Jersey City
Phenix National Bank
City of New York
Cor
Nassau and
Liberty Streets
Capital
Nassau Bank
Nassau and Beekmaa Sts