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Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jun 29, 1905

Page

5

Markets Chronicle Mixed Global Trading Amid Volatile Signals

Global markets showed scattered moves with coffee and cotton rising on tighter supplies while wheat and grains softened in later sessions. Radar of futures indicated mixed demand, with spot markets steady in some regions and uncertainty lingering over crop prospects and commodity flows.

Livestock Market Receipts and Prices Reported

New York June 15 1908 livestock market notes receipts were 111 cars 1048 head for export buyers and dealers showed interest with steady to higher tendencies for certain grades. cattle and fat cows moved cautiously while bulls and heifers were described as steady amid dull tone in Monday trading.

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Cattle and hog markets reflect steady to higher tone

Markets report cattle receipts around 7,000 head with Southern direct sales steady to 10 cents higher for dressed beef steers and good demand. Hogs active with butcher goods around 4.40, calves and bulls priced, sheep receipts plentiful and mutton markets mixed, receipts totals and regional prices noted.

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Naval Stores Market Shows Mixed Turpentine Tide Weak

The market for spirits turpentine opened weak at Charleston and showed little change around $2.136 per barrel with dull demand. Crude pine tines and rosin receipts rose. spirits turpentine and rosin stayed steady while prices for various related items fluctuated, with June lots and shipments noted.

Charteston Turpentine Rosin Ravencah Turpentins ObIe Atlen Sabe Teoria Cums Robin Steedy

Securities values higher and stocks advance on active trading

Closing prices yesterday show stocks and bonds rising with broad gains. National Lead, Southern Ry, and other issues posted notable increases while bond markets reflected improved demand and cautious optimism about cash flow. A large transfer of gold to Europe looms as a potential constraint on money rates, with banks urged to bolster cash reserves amid heavy bond and stock market responsibilities.

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Stock market gains fuel optimism amid bull interest

Early gains in yesterday's session hit 1 percent or more with broad demand across issues led by Baltimore and Ohio Pennsylvania Union Pacific St Paul New York Central Canadian Pacific Chicago and Northwestern and others. Speculative enthusiasm persisted despite some profit taking as big players and Wall Street leaders push for higher prices while grain and cotton markets drift.

Ust Baltimore and Ohio Pennsylvania Union Pacific St. Paul Erle Louisville Nashville Chicago Stock Exchange

Money Market and Foreign Exchange Report Summary

Money on call opened at 4 percent with last loan 2 percent, time money quoted 3 percent for sixty days, 3 1/2 percent for three months, and 3 1/2 percent for four to five months. Commercial paper rated from 7 1/2 to 8 1/2 percent for various terms. Market closed weak with mixed domestic rates. bankers posted rates in several currencies. Bank clearings show New York and Chicago leading in volume with notable balances. Silver and gold markets cited with taux, Mexican exchange and government receipts from customs reports.

Ste. Sy, Sethe HT Hess Paris Switerriand France Germany Saka Prin Molland Guilders New Orleans San Francisco Sigit Tisc Telegraph Boston Chicago Charlston Minneapolis Cincinnati Savannah New - York Madrid Lisbon Mexicas Exchange New York Washington

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