Financial Markets Show Mixed Copper and Gold Movements
Market declines last Saturday gave way to a tentative rebound with 2 to 3 point gains in many principal shares. London selling, tied to the New Haven suit impact, weighed on sentiment while a large Swiss gold engagement signaled demand. Copper prices fell, cotton saw a notable move, and Cape Town gold arrivals sparked speculation about destination shifts amid a complex foreign exchange backdrop.
MENTIONED IN THIS ARTICLE
London
New Haven
Chicago
Burlington & Quine
Switzerland
Cape Town
Paris
Berlin
New York Stock Exchange May 25 1908 Summary Ledger
Market notes show varied figures across rail and steel sectors with Rubber Shalit Steel and City exchanges listed. Data include from Buffalo Rochester & Pittsburgh and Canadian Northern mileage, plus Central of New Jersey 10 month gross and net, Keystone Telephone April results, and Shelby Iron Company year profits with dividends.
MENTIONED IN THIS ARTICLE
Buffalo
Rochester & Pittsburg
ST. Louis
Central OF New Jersey
Keystone Telephone Company
Ccccesec
Shelby Iron Combane
Outside Securities End Mixed In Low Volume Trading
Trading closed with small gains and losses in a thin market. Prices moved irregularly with Boston Copper and British Columbia among decliners while Cumberland Ely and Nevada Consolidated rose modestly as overall activity remained diminished.
MENTIONED IN THIS ARTICLE
Boston Copper
British Columbia
Butte Coalition
Cumberland
Calendar for Today Annual Meetings and Money Markets
International Nickel Co and New York Mutual Telegraph Co on the agenda with money on call rates around 1 1 4 percent. Time money offered at 2 14 2 percent for sixty days and various other terms up to six months. Mercantile paper 4 percent for sixty and ninety days. Clearing House shows exchanges at 132 215 812 and balances 5 911 502. Local banks have lost 10 341 000 since Friday. Sterling steady around 4 8710 to 4 8740. Continental rates listed for francs reichsmarks guilders. Exchange to New York quoted with regional premiums and discounts.
MENTIONED IN THIS ARTICLE
Mercantile
Iee Clearing House
Ub- Treasury
Sterling Exchange
Frances
Reichsmarks
Guilders
New York
Boston
Chicago
St. Paul
St. Louis
New Orleans
Bank
San Francisco
Silver quotations steady in London and New York
Bar silver was quoted in London at 49 16d per ounce and in New York at 53 44c. Mexican dollars were 47c.
MENTIONED IN THIS ARTICLE
London
New York
Consolidated Exchange May 25 1908 Market Summary
Daily price list including open sales and readings across copper sugar oil coal iron and steel sectors. Notable entries include Reading Smelting Republic Steel Can Pacific Ches & Ohio and Union Pacific with varied percentages and spread. wheat July option quoted at 90 to 91 and totals around 325 000. Market activity shows wide dispersion in commodity and transportation stocks with several high and low marks recorded.
MENTIONED IN THIS ARTICLE
Igos c
Ewes
Halmers Pt
Amalgamated Coptol
Amer. Agricul
Car & Foundry
Hide & Leathe
Amer Lee’ Securitie
Amer. Smelt & Ref
Smelt & Ref
Steel Foundries
Tel & Tel
Ss F. Be
S. F.pf
Central R. R
Chesapeake & Ohio
Chicago & Alton
Chicago Great West
Mil. & St. Paul
M. & St. P. Chis
Chicago & Northw
Ge Chemical Pe
Ili
Iowa Central
Iowa
Eeee
Kansas’ City
Louisville & Nash
Tity Mackay Cos
Mackay Cos
Wes
Me Tile Marine
Medolitan St. Ry
Eeeeewes
Mexican Central
Minn
Bem
Lil Moansas
Reena Moan
Tex
Missouri Pacific
National Biscuit. “Co
Nam
Ial. Lead Co
Ial Lead Co
Ouse M
Ork Central
Ee & Hart
West
San
Norfolk & Western North American Corte Northern Pacific
N. P. Recs
Pacific Mail
Pennsylvania
R. A
People's Gas, Chi
Pressed Steel Gar Steen
R' Way Steel
R’ Way Steel S
Reading
Rep
Tron & Steel
Iron & Steel de Bis
Rock Island Co
Rock Island. Co
St. Jo
G. T
St. L
Sloss-S. S. & I
Southern Pacific
Ies Realty & Imp
Car & F
S. Car
Republic Steel
S. Steel
Pacific
Ches
Ohio
Ehi
Gt. West
Col. Fuel & I
Dist. Secur
Pait. & Ohio
B’klyn R. T
Nor
Nort. & West
Rep. Steel Pf
Rock Island
Rock Is
Ry. S. Springs
South. Pacific
Southern Ry
South
Ry. Pf
A & Pac
Third Avenue
Union Pacific
U. S. Rubber
U.S. Steel
Wabash
Wabashees
New York Times
Pittsburg
Lad, Brwg
Pitts, Brwe
Pitts
Tee A
Tonopah
Issa Igo
Westinghouse A. B
Elec
West Penn. Ry
River Coal
Treasury condition and cash metrics amid May 23 report
Treasury Reserve Fund holds 150 million in gold coin and bullion. Trust funds to redeem outstanding silver dollars 5.08 million and other holdings push total assets to 1.816 billion. General fund around 179.04 million with deposits in national banks at 176.76 million. Philippine Treasury stands at 8.05 million. current liabilities near 952 thousand. Swift & Company beef prices noted in New York for week ending May 23.
MENTIONED IN THIS ARTICLE
Washington
Eserve Fund
Cecs
Ececas
Cerese
Iolage
Swift & “Company
New York City
Ady
Closing quotations of New York City bonds yesterday
Yesterday and Saturday quotations for New York City bonds are listed by issue with bid and asked prices. Several bonds show small shifts in price between the two days, with most notes trading near par and reflecting typical market fluctuations.
MENTIONED IN THIS ARTICLE
New York City
Produce Exchange Stock Sales Report
The stock section lists yesterday's principal transactions with opening, high, low, and last prices. Branch Mint shows 0416 opening, 044% high, 044% low, and 044% last.
MENTIONED IN THIS ARTICLE
Stock Department
Baltimore market reports electric and rail stocks rise
Special to The New York Times notes Baltimore Electrics up 1 percent and United Railways up a fraction in today’s market. Northern Central Railway shares gained strongly and led the list. Bond totals show 52,500 dollars in value with 49 shares traded.
MENTIONED IN THIS ARTICLE
New York Times
Baltimore
Baltimore Electrics
United Railways
Northern Central Railway
Grain and Provisions Wheat Market Moves With Weather
Heavy rains across Texas and Oklahoma slow harvests and lift the wheat market. Kansas Hessian fly complaints and Missouri conditions add pressure while Southwest shipments rise. New York cash prices: No 2 red 1.05, No 2 northern 1.17, No 2 hard winter 1.12. Corn futures firm after a Chicago shorts settle, Liverpool active, No 2 corn 0.75-0.90 in New York terms.
MENTIONED IN THIS ARTICLE
Texas
Oklahoma
Kansas
Missouri
Southwest Points
Liverpool
Hisher
United Kingdom
New York
Afinat
Northern
Duluth
Chicago
Chicago stock market report shows mixed early gains and losses
May 25 Chicago stock market mixed with Quaker Oats down two points to 97 and Subway easing. Pneumatic Tool weak at half point under prior sale, Boxboard preferred down to 6 percent then firming slightly. Edison and several utilities hold near prior levels while several others move modestly with varied bids and last prices.
MENTIONED IN THIS ARTICLE
Chicago
New York Times
Tooi! Exchange
Subway
Swift
Boxboard
Chicago Subway
Edison
Chicago Pneu. Tool
Chi. Rys
Chi
U. Trac
Sears-Roebuck
Street’s Stable Car
Swift & Co
United Boxboard
W. Chi. Ry
UP Finances Pending as Bond Issue Rumors Return
Union Pacific officials met to revive speculation that a portion of the $10,000,000 bond issue recently authorized may be issued soon. Earlier estimates hinted at $25,000,000 to cover immediate needs with more for improvements, with a latest figure around $40,000,000 and a price around 93 to 94. An official stated no new financing action occurred yesterday and only routine matters were discussed.
MENTIONED IN THIS ARTICLE
Chig L & C
Ri&pr
Coast Line
Lo & N
Ohio
Bklyn City
Ciesscce
Chi& St
NY Gel H&p
Canaria
Nore & Wn
Eeceses
Eentoesia Big
Ko & T
Union Pacific
Foe
Market report shows metal prices slip on London and New York
The day saw declines across metals with reductions in copper and tin on the London market and a mixed to weaker tone on the New Metal Exchange. Spot and futures prices fell from Friday levels with electrolytic copper around 12.56 to 12.62 and tin weak at 1130 12s 4d.
MENTIONED IN THIS ARTICLE
E Metal Exchange
London
New Metal Exchange
Coffee market slips as world prices pull futures
Market opened steady and drifted down five points on weak overseas demand. Trading centered on July at 6.10, September 6.05 to 6.10, and December 6.05 as U S receipts in the week reached about 291 thousand bags versus year-ago levels.
MENTIONED IN THIS ARTICLE
Esse
Hamburg
Rotterdam
Frances
Hambut
Havre
New York
Rio
Santos
Rio No
United States
Farmers' Loan and Trust Co Fifth Avenue Branch
The Fifth Avenue Branch at 475 Fifth Avenue near 41st Street offers Travelers Letters of Credit and guarantees. It provides foreign money and express cheques and vault boxes for customers use.
MENTIONED IN THIS ARTICLE
Fifth Avenue
Farmers’ Loan and Trust Company
41St Street
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Plympton, Gardiner & Co
New York Stock Exchange
William ST
N. Y
Philadelphia
A,b. Leach & CO
Bertron, Storrs
Griscom
Bankers
Securities
H.W. Harris & GO
Bankers Pine Street
William New York
W.L. Lyons & CO
Yee Nie Co
Exchange Lab
Jisville
Ilinois Central
Acre
Issa Schmidt & Gallatin
Saargeas
YORK
Hornglower & Weeks Bankers & Brokers
Broadway
Ever & Co
Hano Bankers
Wall St
Simon Borg & CO - Bankers
Nassau St
Investment Securities
Dominick & Dominick Bankers
Cortlandt
William P. Bonbright & CO Bankers
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Broad St
George St
Colorado
Manston
E. C
Brown Brothers & CO
Wall Street
Carpenter
William St. Groune
Stock
Baggot & Co
L.B. Wilson
D. M. Ferguson
L. &. Wilson & CO
Stork Exchange
the Audit Company OF
Cedar Street
Atlanta
Rochester
Edward T. Perine
F.C. Richardsox
Sec
Treas
Robert Fulton
Fulton Trust Company OF
Nassau Street
Lawyers Title Insurance & Trust Company
Liberty Street
Manhattan
Montague Street
Brooklyn
Washington Trust Company Postal
Burlington Bond
Abu
Nat
Tui
Waaf
Atu
U.S. Lu
Wwe
Shalit Sc
Matsi
Roa
Tora
Caro. Chemical
Ik Wabash Teen
Wabash Pf
Owen
Western Maryland
Western Union Tel
Westinghouse E. & M. Hy
Fee
Lake Eri
L.E
Inte
Gut
Ice TV
York Sto
Ap Gov
Racco Os
K Exchange
Ace Uufi Ton
DNL
Dre
Biles
Sage
J. Cee
Sae de
Gy L
Iron
Hock
Paul, Min & M
Tom Kines
Ahaavn Oes
Ste Prea
Th A ayjTen
Ehir
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Mer
al Corp. Skg
Jan Seweneenes
Coal & c
Westingh
Mtg Stony S
Outside Securities
Industrials
Bay
Manhat
Standara
Chiennas
Nial
iMeki
Pan
Erie
United Lead
All's. Ch
lis-Chaim
B. S
W. Co
O- Ne. SE
Eth. Steel
Iso
S.A “Taa
Gt. W. Methi
Gt. W
Wcks
Ike
Gole
Tock V. Pt. Homestake
Inger
Rand. Inger
R_ pt
Int
Power
K. C
Ios
Lexa
Tay Wee
Aeph
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Tobaccn
Leston
Any Tutte Coalition
umiberland-Ely Mining
greene-Cananea “S Se
Greene Geld
Keene
avis-Dalywsenee Weer
Dominion Copper
Goldfield
Havana ‘Tobacco
Havana
Ar International Tobacco
Manhattan Transit
An A Mines Co. “of Americaly
Nevada
Nevada-Utah M
Yukon
Amt
International Nickel Co
New York Mutual Telegraph Co
Money and Exchange
Consolidated Exchange
Union Traction
United Gas
Cambria Steel
Lehigh Valley
Lehigh Navigation Trust
Aes
Gis
Bell Teley One
Cccoces Dog
Lary Steel
See Et Eee
Ti ‘Sar Corp Si
Keystone Telephone
Keystone Telephone Pf
Lehigh Navigation
Lehigh
Mine Hill
Pennee Pf
Phila
Phila Corf
Tee
Phi Electric
Wees
Phila Rapid Transit
Phila Traction
Warwick Steel
West Jersey
Atlanta Ee Eens
Crackerjack
Crown Point
BOO ‘Diamondfield
el Paso
Findlay
Goldfield Fon
Daisy
Tsabella Seers
Lone Star
Ontario
the Treasury Balances
Produce Exchange
Pittsburg Transactions
QOH
Seaboard
Wil
Newberners
City & Sub
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Balt
G. B
Oie Bank. i
Union Bank
Acces
Maryland Casualty
Hoy &S
U. P
Lisland
Basha
Ember
Nary