Market irregularity shows shares sold and totals
Daily turnover shows 731,516 shares traded, compared with 984,615 in the prior period. Year to date totals reach 145,190,545 shares versus 168,194,992 for the same span in 1997 and 1907 benchmarks.
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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Oct 23, 1908
Page
13
Daily turnover shows 731,516 shares traded, compared with 984,615 in the prior period. Year to date totals reach 145,190,545 shares versus 168,194,992 for the same span in 1997 and 1907 benchmarks.
Wheat prices rose sharply on Argentina developments with late session gains tempered by cooler sentiment. Corn and oats weakened. provisions showed weakness amid liquidation. Cash wheat premiums advanced in Minneapolis, with export demand noted in Duluth.
The stock market closed firmer in many issues amid mixed intraday moves. Amalgamated Copper rose on copper trade optimism, New York Central, St Paul, Great Northern and Pennsylvania gained, while Northern Pacific slipped on profit taking. London and foreign markets were inactive, with war rumor pressure easing.
Fragmentary OCR lists multiple German and Austrian regional governments and cities with scattered figures and codes. It reads like a ledger or index of entities such as Munich Hessian Saxony Vienna Hamburg Berlin and Mex govt guild alongside numeric tokens, not a coherent report.
Total bond sales amount to 3,816,000 dollars. The fragmented listing shows numerous Japanese issues, U S and regional bonds, with varied coupons and maturities including 4s and 5s. The document catalogues quantities and prices for corporate, railway, and government issues, highlighting high diversity in holdings and yielding patterns.
Government bond prices and yields were listed for yesterday, comparing the closing quotations to those from Wednesday. The brief update shows shifts in yields and price levels across various maturities, reflecting market moves and demand conditions in the debt market.
London trading showed strength in leading American securities after an initial irregularity. Notable quotes include Anaconda at 45 1/4, Erie at 149 1/2, Pennsylvania around 60 1/4, Union Pacific at 108 1/8, and U S Steel near 47 1/4. Foreign money markets report call money at 3/4 to 1 percent and Paris and Berlin discount rates around 2 1/4 and 2 percent respectively. Foreign securities include British consols at 41 2/16 for money and 84 18/16 for the account, with French rentes at 95 francs 66 centimes.
Last actual sales and closing bids show no transactions yesterday on the New York Stock Exchange for listed issues. Prices listed include Adams Ex 173 181, Am Ag Ch 27% 27 27%, Am D Tel 2- Lake Shore 200 270- 200, and many others with bid and ask figures. The display covers a wide range of industries and issues with closing quotations and last sales, reflecting a dormant trading day across numerous equities.
Money on call opened at 1 percent with higher highs and a last loan at 14.5 percent. time funds freer, long dates better for over year loans, rates ranging from 2 1/2 to 3 1/2 percent for sixty to ninety days. Foreign exchange opened easier with sterling around 4.86 and francs and reichsmarks showing small gains, close steady. Domestic exchange in several cities showed varied premiums and discounts. Bank clearings-listed values for New York Chicago Boston Philadelphia. silver and gold markets noted. Government receipts and expenditures reported with daily deficit of about $400,000 and fiscal year totals showing a surplus/deficit progression. Sub-Treasury remained debtor to Clearing House by about $250,758.
Foreign trading sees London buying back Balkan scare stock while early dealings show 20 000 shares bought and 1 0 shares sold. Standard Milling Company reports year end figures with dividends and surpluses. Brayton Ives elected president and new vice presidents named. Refining sugar prices rise with scale changes and cash discounts. copper prices advance amid renewed foreign buying. New Amsterdam Bank dividend noted. NYSE votes on November 2 holiday. Corn Exchange Bank declares 4 percent dividend. Bank of New York ships gold to Canada.
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