Turbulent Trading Shifts in Early Session Surprises
Wall Street traders faced unexpected strength and a later pullback as Union Pacific surged to 172% before retreating. The piece notes heavy odd lot holdings among small investors, debates on matched orders, and a panic echo seen in safekeeping vaults.
MENTIONED IN THIS ARTICLE
Union Pacific
Pacific Coast Extension on Track to Ready Traffic by July
A J Earling of the Chicago Milwaukee St Paul railroad reports West line improvements lift livestock, lumber, and dry goods movement. Pacific Coast extension ready for freight by July 1909, with increased car production at Milwaukee and Minneapolis shops to meet demand.
MENTIONED IN THIS ARTICLE
A. J. Earling
Chicago, Milwaukee & St. Paul
Earling
St. Paul Road
St. Paul
Pacific Coast
Wisconsin
Harling
Canadian Pacific
Milwaukee
Minneapolis
Copper shares hold steady as demand eases
Copper shares opened steady in Boston trading with not quite as brisk a demand as in recent days. On weakness, there was good support in most leading issues. The market closed steady and without feature. Bonds were noted in wrap.
MENTIONED IN THIS ARTICLE
Boston
European Markets Report from London Paris and Berlin
London money in good supply with steady discounts and firmer Continental and Wall Street markets. Mexican rails rose on bear covering. American securities firm until New York selling induced weakness. Copper shares softening. bar silver steady. Paris closes firm on East situation and New York advices. Berlin trading weak.
MENTIONED IN THIS ARTICLE
London
Wall Street
Stock Exchange
New York
Iron and Steel Notes Preview Mixed Market Signals
The Iron Age reports scattered pig iron sales across regions with about 12 000 tons malleable and 15 000 tons foundry iron, plus 14 000 tons to a New York pipe foundry and 5 000 tons to a New Jersey pipe maker. Export rails to Argentina and shapes to Canada total 13 000 and 30 000 tons respectively. Iron Trade Review notes cautious outlook despite expected early 150 000 tons of structural work.
MENTIONED IN THIS ARTICLE
Malleabie Bessemer
New England
New York
New Jersey
Bessemer
Pittsburg
Canada
Iron Trade Review
Aran
New York Times
Cable Con
Sragreresee
Crucibie Steel Pl
Independent Brewing
Ind
Ohio Fuel
Pitts
Brewing Plese
Coal Pf
Ross Mining
Steel
U. S. Steel Pr
Coffee steadies as market closes near prior level hits gains
The market closed steady with price gains around 10 points. Trading firm with 18,250 bags sold while Rio and Santos receipts totaled 98,000 bags as Sao Paulo weather stayed cloudy in three districts and fine in two.
MENTIONED IN THIS ARTICLE
Hamburg
Santos
Rio
Jundiahy
Sao Paulo
Rio No
E.s
eevcedees-Uld
Cescecpecss
Ccceedsee
Borough Bank to Pay in Advance on Depositors’ Funds
In Baltimore on October 28 there is steady demand and firm prices for investments. Colorado and Southern refunding 4s rose to 88 1 8, United Railways 4s fell 4 and Income bonds slipped. Borough Bank of Brooklyn says it will advance the 20 percent depositor payment due December 14 to November 4, the second prepayment since reopening.
MENTIONED IN THIS ARTICLE
New York Times
Baltimore
Colorado & Southern
United Railways
Borough Bank
Borough Bank of Brooklyn
National City Bank to Move Into New Building
National City Bank plans to relocate to its new building on the site of the old Custom House. Completion is anticipated near year end with a move for officers and employees around January 1, though no exact date has been set.
MENTIONED IN THIS ARTICLE
National City Bank
Custom House
Rights to Enter Coal Fields in Dispute Over Railroad Case
A legal dispute centers on judgments against a railroad for failure to answer. Justice Bischoff issued an order to show cause why default judgments should not be set aside. a hearing is set for tomorrow. Delaware & Eastern officials claim the pleading extension was void due to lack of notice. The case involves Barbour, Hare, Rush, and Olter for Joseph H. Holmes of Pittsburgh and touches on broader rail interests in the anthracite coal region.
MENTIONED IN THIS ARTICLE
Justice Bischoff
Barbour, Hare, Rush, & Olter
Joseph H. Holmes
Pittsburg
Hig
Delaware &Eastern Management
Searing
Holmes
Delaware & Hudson
Delaware & Astern
Railroad Commission
State Public Service Commission
Belgium
Brussels
Schenectady
Judg
Justice Blanchard
Cotton Market Shows Mixed Movement After New Highs
The cotton market advanced to new highs then settled lower by one point for October with most contracts closing 2 to 6 points higher. Daily sales estimated around several thousand bales with varied regional notes. depot prices ranged around 9.45 for up land and 9.70 for middling Gulf.
MENTIONED IN THIS ARTICLE
Manchester
Strengtth
Jessa
Tuesa
Charleston
Norfolk
Augusta Y
Galveston
New Orleans
Houston
Weather Outlook for Cotton and Grain States
United States Weather Bureau forecast issued for Thursday and Friday covers cotton and grain states. Expect fair conditions with cooler nights in many areas. Winds shift from west to northwest with some regions experiencing cooler Friday temperatures.
MENTIONED IN THIS ARTICLE
New York Times
Wiashington
United States Weather Bureau
Altame
Mississippi
Louisiana
Omo
Indiana
Taois
Michigan
Wisconsin
Minnesota
Fari Towa
Missouri
Dakota
Nebraska
Kankas
Utah
Irrigation Bonds Oversubscribed by Major Banks
Speyer and Co and National City Bank announce oversubscription of the 20 million dollar 4 3/4 percent bonds of Bank of Mexico Irrigation. Public offering underscores strong investor demand. capitalized at 10,000 pesos per share with 60 million pesos in stock and 10,600 in bonds.
MENTIONED IN THIS ARTICLE
Guardian Trust Company
National Bank of Commerce
H. Roth & Sons
Speyer & Co
National City Bank
New Irrigation
Bank of Mexico
Mexico
Ning
Dissolved Partnership in Pitkin Market Dry Goods Dealers
William Lippman and Joseph Nemeroffsky dissolution notice for their dry goods business at Pitkin Market Pitkin Avenue corner Amsterdam Street Brooklyn. The record notes their partnership ending.
MENTIONED IN THIS ARTICLE
ASHIP
William Lippman
Joseph Nemeroffsky
Dealers In Dry Goods
Pitkin Market
Pitkin Av
Corner Am St
Brooklyn
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