Market Magazine: Sharp Moves in Smelting and Lead Stocks
The Washington Post reports a volatile session with American Smelting and Refining and National Lead surging on rumor of a corner before falling back to opening levels. Early gains faded as short covering and profit taking swept the market, though overall strength remained evident amid large volume and copper price gains abroad. Government crop data provided mixed signals, while currency movements showed bank cash gains of about seven million.
MENTIONED IN THIS ARTICLE
Washington Post
New York
London
Harriman
San Francisco
Salt Lake City
Wheeling and
Lake Erie
Tima
Wall Street Gossip on Wild Opening Day
The New York market opened frenzied with Copper Smelters New York Central and Reading outshares Thursday’s close. Heavy trading continued into afternoon with 1,000,000 shares moved by early afternoon and total volume above 1,350,000, a yearly high. Rumors of manipulation and battles with London markets circulated as speculative gains faded into profit taking.
MENTIONED IN THIS ARTICLE
Washington Post
New York
New York Central
Wis
Siement
Eee
Guggenheim
Rockefeller
Standard Oil
New York Money Market Report August 7
Money market showings steady with firm and dull tones. Sixty days 4 to 2 percent, ninety days 3 to 4 percent, six months 3 to 4 percent. Prime mercantile paper 4 to 4.5 percent. Sterling exchange steady. banker’s bills 4.5164 to 4.9520 for sixty days, 4.5696 for demand. Commercial bills 4.844 to 4.94. Bar silver 2. Gold and government bonds noted.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
New York Stock Market August 7 1908 Brief
The day’s market report notes receipt by W B Hibhs and Co bankers and exchange, Chicago Board of Trade and Washington. Prices and movements are summarized for investors seeking early guidance in trading volumes and sector activity.
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New York Stock Market
W. B. Hibhs & Go
Bankers and Exchange
Chicago Board of Trade
Wash
New York Stock Exchange
Washington Stock Exchange
Caiengo Board of Trade
Washington Stock Market Buoyant Despite New York Activity
The Washington Stock Exchange showed buoyant and active trading as Washington Gas led gains closing at 1 1 2. New York market strength cut local volume, while capital traction shares moved to 130 1 4 and 110 1 4. A broker reported reduced floating short interest and cautioned on recession fears despite overall market strength.
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New York
Holdings—Exchange
Washington Btock Exchange
Washington Gas
Total Exchange
Washington Stock Exchange
Washington Railway and Electric Capital
Trust Company
Washington
Washington Produce Market Prices and Quotations
Wholesale prices and quotations for butter creamery, cheese, live and dressed poultry, dressed meats, vegetables, and fruit are listed with multiple regional varieties. Market conditions show steady or weak demand in poultry and meats, firm cheese, and mixed produce supply from Virginias to Georgia with specific per unit prices and bulk bunch figures.
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West Virginia
Southwest Virginia
North Carolina
Ubrral
Norfolk
Waterer
Arades
Sone Bartlett
D. Oh
Fruit Prices in Maryland Delaware North Carolina Market Listing
Readable fragment shows a list of fruit items with origins Maryland Delaware Jersey North Carolina and various prices per quart per crate. Entries include plums raspberries gooseberries huckleberries watermelons muskmelons and large quantities with per quart or per crate pricing and regional references.
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Georgia
Maryland Snd
Delaware
Hecker
Marrianit
Maryland
Jersey
North Carolina
North Carolna
Trade liens are good buyers in jobbing markets
New York daily trade review notes encouraging signs in commercial conditions with early gains held and rising confidence for fall trade. Retail remains quiet while wholesale and jobbing markets respond. iron and steel demand grows though railways buy slowly. dress goods auction yields strong prices. hides and leather pull up costs. money abundant and securities hit yearly highs. export demand weak and mills curb output amid expectations of a cotton glut.
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New York
R. Dun & Co
Trely
New England
New York Produce Prices and Wheat Market Update
New York spot markets show varied livestock and grain prices with a strong emphasis on poultry and butter. Wheat arrivals reach 101,800 with mixed futures as Northwest crop concerns influence early gains before a late session pullback. corn and oats follow suit with modest activity and futures around the 82 to 84 cent range for September timetables.
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New York
Aftont
Duluth
Chicago Grain Markets Rally On Government Crop Report
Chicago wheat, corn, and oats closed higher after the August government crop report boosted sentiment. Wheat for September rose to about 95 95, with strong futures and robust receipts. corn recovered from early weakness aided by short covering. oats and provisions showed varied gains and losses as traders weighed the report’s indication of crop deterioration.
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Chicago
Bradstreet
Minneapolis
Duluth
Kansas
Nebraska
Missouri
Shorts
Gata
Nj Western
Crop Conditions Show Mixed Results Across Major Staples
The crop bulletin reports corn near normal at 82.5 percent of normal on August 1, spring wheat at 80.7, oats at 76.2, and barley 83.1. Winter wheat yield preliminaries hover around 14.3 bushels per acre with total production near 425.99 million bushels, while tobacco, flax, and hay show varied strength and declines in buckwheat acreage.
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Crop Reporting Board
Bureau of Statistics of the Department of Agriculture
Atlantic
North Dakot
Waslington
Union States
Dakota
Iowa
Kentucky
North Carolina
Virginia
Tennessee
Ohio
Wisconsin
Connecticut
Florida
Railroad fined for rebating scheme to Kansas Sugar and Land
Atchison Topeka and Santa Fe Railroad pleaded guilty to rebating in U S district court. Judge Bethey fined the railroad 7000 dollars after government evidence showed a 50000 dollar bonus to Garden City Sugar and Land Company functioned as a rebate. The case involved car locating on the line and invoked the Elkins law and interstate commerce commission rules.
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Atchison
Kansas Sugar and Land Company
Chicago
Atchison, Topeke and Santa Fe Railroad Company
Bethey
United States District Court
Edwin W. Sims
Garden City
Su-gar and Land Company
Garden Silty, Kans
Interstate Commerce Commission
Elkins
New York Cotton Market Reaches Fresh Highs on Aug Moves
Cotton futures surged to new highs as August and later positions gained up to 40 points amid active demand. Market opened steady on strong cables, with selling pressure and brief pullbacks but overall undertone remained firm. Trading estimated around 150000 bales as October rose to 9.88 and August hit about 10.18 amid cautious buying by speculators and local outlets.
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New York
Pirvate
Liverpool
Unig
Baltimore Markets Update From Aug 7
Baltimore markets report dull trading across grains and commodities. Wheat and corn show firm toning with slight price shifts. receipts and exports published, while butter and sugar quotes move minimally amid steady market tone.
Metal Market Update From New York and London Prices
The London tin market rose with spot at £3 5s and futures near £120, while copper climbed to £8 10s spot and £83 4s futures in London. Locally demand remained strong for tin, copper, and lead, with varied quotations, and the iron market held steady. Credit balances, freight totals, and regional shipment notes accompany the mixed market picture.
MENTIONED IN THIS ARTICLE
New York
London
Livestock market report från New York and Chicago dated Aug 7
Livestock markets report slow trade across New York and Chicago with varied prices. Cattle mostly steady to lower with steers near 19 to 0c lower and cows dull. calves and bulls mixed with fluctuating quotes. Hogs show steady to firm trends with heavy shipping demand and prices around 6.00 to 6.90 per 100 pounds. Sheep and lambs softer, fall to good quality about 2.50 to 4.00 per 100 pounds. Exports and overseas prices quoted from London and Liverpool noted.
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New York
London
Liverpool
Chicago
A.bied
Rain Deluge Hits Missouri Kansas as Markets Report Cattle Hogs Lambs
Heavy rain swept western Missouri and eastern and southern Kansas overnight and into this morning. The Washington cattle market and Kansas City reports show varied prices for cattle hogs and lambs with weather affecting activity.
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Kansas City
Misasouri
Kansas
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