Market gains as low priced stocks lead heavy trading
Trading in yesterday's stock market showed strong volume with gains across most issues. Low priced shares such as Interborough Metropolitan Ontario & Western and Texas & Pacific led demand while high grade stocks held firm with some declines. Analysts warn of a potential near term correction but note continued confidence in long term value.
MENTIONED IN THIS ARTICLE
Interborough
Ontario & Western
Toldo
St Beuls & Western
Chesapeake & Ohio
Missouri
Kansas & Texas
Wabash
Brooklyn Rapid Transit
Denver & Rio Grande
Texas & Pacific
Union Pacific
United States Steel Common
Amalgamated Copper
Reading
Northern Pacific
Wall Street
Colorado Southern
Wabash Preferred
Kansas
Texas Common
Atchison
Stock Market Mixed as Trading Winds Down
A broad list of equities shows mixed moves with many large industrials and utilities posting gains while others slip. Notable names like Atchison, American Smelting, and Canadian Pacific appear amid volume across rail, manufacturing, and chemical sectors as closing figures reflect varied performances.
Bond Market Totals Reach 25 Million in Sale Totals
The issue lists total bond sales at 25,194,000 with numerous securities including Ist Ref 4s, 5s, 4s, and long term debentures from firms like Pacific, D H, and Erie. Prices show varied yields from 6% to over 100, with many items trading at premium or par.
MENTIONED IN THIS ARTICLE
D & RG
Iin
Erie
Roy
Westingh
Tore Soorg
Steam
Rsig
Rats Mnorg Nas
Leh & WE Gta Tao GD
Canton Legree
American securities abroad market report
London and New York markets show irregular and inactive finishes for American securities with a curb hardening tendency. Quotations include Anaconda 10% to 10. Hocking? Pacific 78 1 2, St Paul 155 1 2, Pennsylvania 130 1 4, Southern Pacific 129 1 4, Union Pacific 1 0. Call and Berlin money rates cited with exchange figures in francs and marks.
MENTIONED IN THIS ARTICLE
London
New York
Marty Box
Atchison
Femey
Paradian Pacific
St Paul
Erte
Iilinoia Central
Louis & Nash
Pennsylvania
THOM
Southern Pacific
Wal
Union Pacific
Tithe Llite
Berlin
Paris
Paris Exchange
Berlin Exchange
Bargeld
Pritith
Inactive Stocks and NYSE Closing Quotations Report
The list shows last sales and closing bids for stocks with no transactions yesterday on the New York Stock Exchange. Entries include Adams Ex, Am AC pf, Am Coal, Am D Tel, Lake Shore to Am Exp, Long Island, Am Lin pf, Man Reach, Am Snuff, Md Coal pf, Am Sandy, Mor & Ee, Ann Arbor, Nat Bis pf, At Coast L, Beth Steel, New C Coal, Pac C let pf, PFW & ., Read 1st pf, Sears-R pf, Rubber, Vandalia R, Wells-Fargo Ex, Unlisted and others with bid and asked quotes.
MENTIONED IN THIS ARTICLE
Adams
Ace&f
ILE & W
Lake Shore
Long Island
Lin
Man Reach
MD Coal
Sandy
IM & St L
T&c
Mor & Ee
Ann Arbor
Nash & Ch
Nat Bis
Coast L
Beth Steel
New C Coal
Nyc&sli
Butterick C
NYL & W
Yan J T
C&sa
C&ei
Pac
P & C&st L
S&b
Cme&stp
C& Nw
Cspmeo
Stl S
Rens & Sara
CP &Iptis
Consol
T Rys & L
Ch Co
R&r
Vandalia R
Welle-F
Government Bonds Close Mixed From Previous Day
yesterday's government bond quotes show small changes across issues. U S 2s and 3s traded with slight shifts while Panama and District of Columbia bonds appeared in bid and asked listings, reflecting modest movement in the market.
MENTIONED IN THIS ARTICLE
U. S
Panama
District of Columbia
Foreign Bank Returns Prompt Mixed London and Paris
The Bank of England weekly report shows declines across reserves and deposits with total reserve down 622000 pounds and public deposits down 615000 pounds while the reserve ratio sits at 48.70 percent. The Bank of France records gold on hand up 26.15 million francs with other figures unclear due to partial text.
MENTIONED IN THIS ARTICLE
London
Bank of England
Paris
Bank of France
SAO
France
Ninety Ninth Quarterly Dividend Notices Across Rail and Paper Firms
A batch of 1908 dividend notices from Manhattan Railway Company Interborough Rapid Transit lessee along with dividends declared by Aeolian Weber Piano and other firms. The notices list payment dates stockholder records and transfer book closures for Manhatt an Railway Company Aeolian Weber Piano Company Chicago Indianapolis and Louisville Railways Union Bag and Paper Chesapeake and Ohio Railway and Norfolk and Western Railway. Several divisions announce common and preferred stock dividends with dates in December 1908 and January 1909.
MENTIONED IN THIS ARTICLE
Manhattan Railway Company
Interborough Rapid Transit Company
Park Row
New York
J. H. Campbell
Aeolian. Weber Piano and Pianola Company
E& Eelock
Chicago
Indianapolis
Louisville
Broadway
Messrs. J. P. Morgan & Co
Wall Street
N. Y
J. A Hilton
Union Bag & Paper Company
Battery Place
Jas Tale Hay
Ww. L. Sparks
Chesapeake & Ohio Railway Co
Richmond
Chesapeake & Ohio Railway (c
Co. E. Wellford
Norfolk and Western Railway
Arcade
Philadelphia
Alden
Outside Securities Market Mixed With Copper Shares Firmness
Outside securities showed irregular price movements with notable strength in copper shares. Rawhide Coalition fell sharply from the day’s high due to stop order effects, while trade lacked solid supporting bids. Cobalt Central stayed active, Nevada Consolidated and Giroux slipped after early gains, and Standard Oil rose modestly amid steady bond demand.
MENTIONED IN THIS ARTICLE
Rawhide Coalition
Ticon
Cobalt Central
Nevada Consolidated
Giroux
Kerr Lake
Chicago
Shareswold
Alaska Mines
Banner Mining
Bingham
Boston Copper
Butte Coalition
Wits
Butte
New York
Combin M & L
Ariz
Cumberland-Ely
Davie
Dolores Mines
Dominion Copper
Douglas Copper
SOO Ely Central
Eureka Copper
Eureka
Florence
Thace
Giroux Mining
Gungenheim
Indian Valley
Nevada
Utah M & S
NY Cod Leasing
North Butt Nipissing Mines
Ohie
Rawhide Exploration
Rawhide Mining
Red Top Leasing
Wzow
Searchi't M & M
Stewart
Superior & Pitts
United
Tri-Bullion Copper Soc
Utah
Chicago Stock Closings and Rail Trade Notices
Readable fragments report Chicago closing stocks and trading notes with references to national stocks, local utilities, and street indices. Mentions People’s Gas, Quaker Oats, and ratings on Shakespearian style text with unclear dates and places due to OCR gaps.
MENTIONED IN THIS ARTICLE
Chicago Sa
Chicago Brewing
Mamond
Ma People’s Gas
I's Quaker
Streets Stanie
South
Ted
Street Topics and Market Summary from Foreign Trading
The column reports foreign houses trading 20,009 shares in the local market with slight excess of purchases. London firm. buying Russian bonds and Kaffir stocks for continental account. American shares firm on the curb. Bank of England holds rate. Dividends declared include Union Bag and Paper 1 percent quarterly, Lawyers Title 3 percent, and others. Copper market remains inactive with reduced demand after elections. production steady. National City Bank plans 2.5 million gold export to France, total exports near 4.9 million. Baltimore & Ohio re-elects officers. American Agricultural Chemical notes no common stock move.
MENTIONED IN THIS ARTICLE
London
Bank of Berland
Dave Out
Union Bag and Paper Company
Ineance and Trust Company
Coal
Iron National Rens
Trust Company
United Gas Improvement Pany
Philadelphia
Chicago
Indianapolis
Sea
National City Bank I
France
Baltimore & Ohio
Batmore & Ohio Ratiresd Company
American Agricultural Chemical
Americ Agricultural Chemical Company
Also Mentioned on This Page
R. R. Consolidated
Boston & N. Y. Air Line
West New York & Penn
R. R
Edward B. Smith & Co
Bankers
Pine Street
Phildelphia
N. E. Gov
Broad & Chestnut Sts
Fisk& Robinson
New York Stock Exchange
Cedar St
Boston
State St
Adams St
N.Y
Queens
International Nickel
Delaware Securities
Ss. H. P. Pell & CO
Hanover
Exchange PL
Schmidt & Gallatin
Stock Exchange
Chesapeake
Ohio Railway Company
Geveral
Old Point Comfort
Clifton Forge
Big Sandy River
Potter, Choate & Prentice
Hanovers Bank Building
Allis-Chalmers Company
American Cotton Oil
American Hide & Leather
American Locomotive
jAmerican Erage
American Fates
American Stee
Scisces
American Tobacco
Brunswick
Canadian Pacific
Central Leather
Central of New Jersey
Cheraapeaks
Ohio
Chicago & Alton
Chicago Greatestern
Chicago Great Western
St. P
Chicago & Northwestern
Chicago, St. P
Jechicago Union Trac
Colorado Fuel & Iron
Colorado & Southern
Columbus &Blocking
Gar
Corn
jCorn Products
Delaware & Hudson
Denver & Rio Grande Pr
Des Moines & Fort Dodge
Distilling Securities
Duluth
Chicago Union Trac., Stud
Great Northern Cre
Interhborough-Metropolitan
International Steam Pump
Kanawha Ec
Marine Pr
Mackay Companies
Manhattan
Metropolitan Street Railway
Mexican Central Ctfs
Minneapolis & Ead Tours
St P&3a
Vie
St P
Missouri, Kansas & Jones Pr
Missouri Pacific
National Biscuit
Sly
The
National Enam
Stp
National Lead
Newhouse Mining & Smog
New York Air Brake
New York Central
Litia
St. Louis
Chi
N. J
N. J. Tel
New Haven
J. & Western
Norfolk & Western
North Eeeae
Ontario Silver
Pacific Coast
Pacific Mail
Pennsylvania Railroad
Peoria & Hastern
People's Gas & Coke
Phitshurs Coal
Pittsburg Coal
Pressed Steel
Railway Steel Ae Farbroine
Republic Iron & Steel
Republic Iron & Sass
Rock Island
Oak Island
S&f
Ps Louis & Southwestern
jSt. Louis & Sae
Ecencoroces
Southern Pacific Pr
Southern Railway
Tennessee Copper
Third Avenue Railroad
Toledo, St. Louis & Wes
Toledo, St. Louis & Western
Twin City Rapid Transit
Union Bag & Paper
United Railway
United Railway Investment
United States Realty & Ieee
United States Rubber
United States Rubber 3d
S. Steel
United States Steel
Viginia-Carolina Cheimicai
Nia Iron C
Detimning
Maryland
Ion
Lake Erie
IV Central
Compeed
Nelus
Sub-Treasury
Boom & St
KR & T
Silkie Ae
BO &P
Ieee
C of Gaist “Inc
Do 2d Inc
Conay
M & St
CRI & P
Tigano
So PO
Lew c
C & St
Riv & G
Col & Bo
Hoke Soo
Anon
Tin Som Seub
Ws & Ang & Eling & Onsin
Nsin
American Securities Abroad
Foreign Bank Returns
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
Bishopagate St
Boulevard Haussmann
Empire Trust Co
Farmers’ Loan & Trust Co Guaranty Trust Co
Knickerbocker Trust
Lawyers’ Title Inennames & Trust ¢Mercantile Trust Co
Metropolitan Trust Co
Mortgage Bond Co
Morton Trust Co
N.Y. Mortgage & Securityy
N. Y. Trust Co
Tithe Guarantee & Trust Co
Title Insurance Co
N. Trust Co. of America
Bank of America
National City Bank
Corn Exchange Bank
First National Bank
Fifth Avenue Bank
Fourth National Bank
Hanover National Bank
Irving National Exchange Bank
Liberty National Bank
Manhattan Company Bank Market & Fulton National Bank
Mechanics’ National Bank
Mercantile National Bank
Metropolitan Bank
Nassau Bank
Bank of New York, N. B. A
National Copper Bank
National Park Bark
Trade Bank
Clinton Gilbert
Andrew J. McCormac
Adrian H. Muller
Building Co
Wall Street Journal
NEW York Life Insurance and Trust Company
Resources
Ine
Edeen
Are
Selim
Outside Securities
Bay State
Baltimore
van Schatck & Co
Chas City
Seaboard
Cent Trust
Third
Nor Bank
Fidelity & Dev
Toronto
Stewart & Lock
Fuchenge
Ashe
Ferrard
Petersen
Freen Meehan
Trothewe i