Produce Exchange Stocks
No mining market transactions reported at the Produce Exchange yesterday. Bid and asked prices appeared in board notices but no trades were recorded.
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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jan 29, 1908
Page
17
No mining market transactions reported at the Produce Exchange yesterday. Bid and asked prices appeared in board notices but no trades were recorded.
Yesterday's closing quotas for government bonds are reported, comparing the latest figures with Monday's levels. The data show shifts in yields and maturities across the curve, reflecting market reactions to policy signals and economic data.
A fragmented list shows New York City bonds from Eyer & Mo at 37 Wall Street with bid and ask figures. Various maturities and coupon rates appear, including references to 4 percent issues and May and November redemptions, signaling a market quote page with irregular formatting and partial details.
Fragmentary text describes Arked Bit Brecklee Ferry and Union Ferry with numbers and dates, but lacks coherent context or readable names. No clear event or outcome is evident from the fragment.
Railroad and other stock market items appear in fragmented OCR form. The readable portions mention movements in railway shares and related financial instruments, with unclear details on specific companies or figures.
A fuzzy roundup of railroad earnings and stock activity lists Detroit United Louisville Nashville and Twin City Rapid Transit figures for the third week in January and year 1907 estimates. It details gross and net earnings, expenses and taxes amid scattered figures and incomplete entries.
The Farmers Loan and Trust Company lists offices at 16 18 20 and 22 William Street with a branch at 475 Fifth Avenue New York offering credit facilities including bills of exchange and cable transfers.
Irregular stock activity closed with most issues higher as early gains faded before a late rally. Big Four dividend cut spurred a 19 point drop in some stocks while others advanced. Nickel Plate rose but not enough to offset the downturn. Clearing House meeting rumors unsettled traders, though liquidation was not confirmed. Copper price rise aided Amalgamated and American Smelting. Bonds saw heavy demand, led by United States Steel sinking funds and Brooklyn Rapid Transit 4s. Investment buying signals cautious recovery and renewed confidence.
The market saw about 15 000 shares bought for foreign accounts with London stocks gaining to 1 percent. Consols rose to 86 as the weekly settlement showed no extended speculative positions. American Agricultural Chemical plans to handle 2 500 000 41% notes maturing March 1 with temporary borrowing before long term securities. Copper prices rose to 14 cents per pound amid stronger domestic demand but weaker foreign sales. New directors elected at Twin City Rapid Transit and National Surety. Missouri Pacific notes redeemable at 101 or convertible to 6 percent bonds. redemption would not nullify a 30 day conversion window.
Trading in outside securities was lively mainly in mining issues with uneven price moves but notable strength in high priced miners. Boston Copper Butte Coalition Greene Cananea Micmac advanced, Nevada Consolidated Cumberland Ely active but erratic, Goldfield soft on realizations. American Tobacco rose while Standard Oil eased, Otis Elevator gained, Adams Express and Allis Chalmers bonds nudged higher.
Money on call opened at 2 percent with rates fluctuating between 1 and 2 percent. Time money showed broader movement with 30 to 90 day bills around 4 to 4.4 percent. Mercantile paper steady amid ample supply. Foreign exchange firm with cables near 4.8760 to 4.4765, demand sterling about 4.8720. Domestic exchange varied by city with mixed premiums and discounts. Bank clearings listed for New York, Philadelphia, Baltimore, Chicago, Boston. Silver and gold markets noted with bar silver at 55 1/2 cents and Madrid gold premium at 14.25. Mexican exchange on New York at 20 1/2 percent. Government receipts and Sub-Treasury debt noted with daily and year-to-date figures.
Fragmentary OCR notes mention exports of merchandise and a list of names or codes including joe iw and GAOO SOR SIN 222 and a date-like reference 2S. The readable portion points to a trade or shipment record with minimal context. Entities are uncertain due to garbled text.
The annual meeting for election of four directors for three years and inspectors of election, plus other business, will be held at 12 noon on January 31 1908 at the Clinton Street office Brooklyn New York. The polls will be open one hour. Transfer books close at 3 PM January 17 1908 and reopen at 10 AM the day after final adjournment.
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