Stocks Break to New Lows on Wall Street Session
Prices of stocks plunged to new low levels for the year on the New York Stock Exchange amid nervous trading and talk of a white house conference between Taft and railroad executives. Early gains gave way as bears covered, and bonds showed irregular activity with total par value of 31,554,000.
MENTIONED IN THIS ARTICLE
Wall Street
Associated Press Dispatch
New York
The
Stock Exchange
Washington
White House
Taft
Southern Pacific
Bears
United States
Financial notes and rail sector updates in London and U.S.
A roundup of early 1910 financial and industrial items. Western railroad presidents meet Taft. Amalgamated Copper holds an annual meeting. Railway bill fights resume in the House. Railroad rate injunctions affect business. Agricultural Chemical common stock reportedly pays no near-term dividend. Dry goods buying weak. Copper producers deny a break in the association. Bank cash and surplus show principal declines. National Biscuit reports continued year-to-date gains. Twin City earnings for January–April 1910 set records. Co. & O. expects 10 percent stock returns this year. London settlement starts Wednesday. National City bank chief Forgan cites interior loan curtailment as a notable factor amid large remaining tied-up funds.
Visible grain supplies in the United States June 4
The New York Produce Exchange reports the visible grain supply on June 4 with Wheat at 18,647,000 bushels a drop of 1,486,000, Corn 5,471,000 a decrease of 13,000, Oats 6,666,000 down 239,000, Rye 496,009 down 22,000, Barley 1,807,000 up 146,000. Canada’s wheat on the prior Saturday stood at 5,961,000 bushels, down 397,000.
MENTIONED IN THIS ARTICLE
New York
United States
New York Produce Exchange
Canada
Business Men Club Visitors and Merger Talks in Cincinnati
Notables from Wheeling Grand Rapids Dayton and Philadelphia attended the Business Men's club event while speakers from Bethlehem Steel and Carnegie Steel promised Cincinnati visits. Merger discussions moved forward with Chamber of Commerce meetings and a big Thursday luncheon planned.
MENTIONED IN THIS ARTICLE
Business Men's Club
Andrew Reetz
Wheeling
W. Va
A. Hurst
Grand Rapids
Mich
A. T. Nesbitt
Dayton, O
Pratt Kline
Philadelphia
A. Fuller
New York
Edward F. Scofield
West Virginia
W. BP. Robertson
Manufacturers’ Club
Charles Schwab
Bethlehem Steel Company
W. H. Bope
Carnegie Steel Company
Cincinnati
Chamber of Commerce
Fenton M. Parker
Buffalo
N. Y
Chamber of Commerce and Manufacturers’ Club
Business Men’s Club
London Stock Market Quiet Ahead of Settlement
Money in good demand and supply, rates quiet as settlement nears. British and new foreign bonds supported. Kaffir shares neglected. Rubber and oil shares sold on gains. Peking syndicates recovered. American securities firm early, then covered. Moon prices 0.75 to 1.25 above parity. Afternoon New York offerings trimmed about a point. a feeble rally followed, market closed easy.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Peking
New York
Money on call and rates steady in New York markets
On June 6 in New York money on call held at 2 to 2 1/2 percent with a ruling rate at 2 percent and closing bids at 2 percent. Time drafts showed weakness with 60 days at 3 percent and 90 days at 3 percent while six months ran 4 1/2 percent. Sterling exchange remained steady with bankers bills at 483.60 to 483.70 for 60 day bills and 486.65 for demand. Government bonds were steady and rail road bonds showed irregular trading.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Dry goods markets show quiet trade and cutbacks
In New York on June 6 the dress goods markets were very quiet and mills are sharply curtailing production. Cotton goods traded moderately with prices steady. Raw silk from the old crop is easy and some small business has occurred in the new crop at advances.
MENTIONED IN THIS ARTICLE
New York
New York Bond Sales Reported Amid Market Notes
A W E Hutton Co listing shows diverse bond offerings in New York City with numerous issues from Atchison to Western Maryland and Chicago lines. The report totals indicate about 1,978,000 in bonds with varied coupons, maturities, and exchanges across rail and industrial securities.
New York Mining Stock Quotes June 6
New York mining market report lists prices for several stocks and bonds on June 6. Alice 2.50 Brunswick Con .07 Comstock Tunnel stock .25 Comstock Tunnel bonds .16 Con, Cai, and Va. .80 Horn Silver -50 Iron Silver 1.65 Leadville Con .05 offered Little Chief .06 offered Mexican -90 Ontario 2.235 Ophir .82 Standard .75 Yellow Jacket .65.
MENTIONED IN THIS ARTICLE
New York
Brunswick
Comstock
Con
Cai
Leadville
Ontario
Treasury Statement Shows Treasury Balance by Funds
The report lists trust funds with gold coin nearly $857.15 million, silver dollars about $489 million, and silver certificates $488.97 million. General fund totals include standard dollars $3.12 million, liabilities $98.14 million, working balance $21.28 million, funds in banks $38.41 million, subsidiary silver $21.26 million, minor coin $1.18 million, totaling $84.70 million.
MENTIONED IN THIS ARTICLE
Washington
Treasury
United States
General Fund
Foreign Bourses Open With Quiet Trade As Suit Looms
Paris on June 6 saw dull trading while investors awaited the U S government railroads lawsuit outcome. Three percent rentes at 98f 87% for account and London exchange at 25f 28c. Berlin on the same day reported quiet, firm prices with improved American securities, London exchange at 20m 50p. Money and private discount rates held at 3 percent.
MENTIONED IN THIS ARTICLE
Paris
Exchange
London
Berlin
Cottonseed oil price report from New Orleans and New York markets
New Orleans reports Prime refined cotton seed oil at 7.290 cents per pound and Southeast prime crude summer yellow ranges. New York lists multiple contracts with values from 7.93 to 7.96 cents for July to September and 6.47 to 5.48 cents for December, reflecting price spread and monthly futures.
MENTIONED IN THIS ARTICLE
New Orleans
New York
Prime Crude Southeast
Lord
Bughel
Trading activity and quotes from Cincinnati to Saint Louis markets
Trading yesterday showed higher volume than recent days but small aggregate sales as investors seek concessions. Procter & Gamble firm. Cincinnati Gas and Electric up over last sale. Ohio Traction preferred 9 and C N & C 86 percent. industrial list quiet. Clearing figures include Cincinnati $4,406,360 and St. Louis $16,247,378. Bond market dull. money easy. New York exchange activity noted with premiums and discounts across several markets.
MENTIONED IN THIS ARTICLE
Procter & Gamble
Cincinnati Gas and Electric
Columbus Gas
Ohio Traction Preferred
New York Exchange
Markets in Cincinnati June 6 1910
Wheat and corn show firmer demand for high grades with light receipts. oats steady for white variety but weak for mixed. Hay and flour quiet with steady undertone in butter cheese eggs and poultry markets. fruit and vegetables list includes pineapples potatoes tomatoes onions and cabbage with varying prices.
MENTIONED IN THIS ARTICLE
Cincinnati
Timothy
Texas
Louisiana
Tennessee
Grain and forage seed prices from Toledo market report
The Toledo market report lists Clover seed at cash 6.80, October 6.50, December 6.50, March 6.57. Timothy seed shows Prime at 2.15. Alsike seed Prime 7.95, August 7.45.
MENTIONED IN THIS ARTICLE
Toledo
Timothy
Alsike
Lumber Dealers Adopt Uniform Inspection Code
The Hardwood Dealers Manufacturers' association of the United States and eastern wholesale lumber dealers, over twenty-five firms, adopt a uniform inspection code closely following the Hardwood Manufacturers association rules. Expectation rises for nationwide standard grades as current rules vary by region affecting cotton and lumber trades.
MENTIONED IN THIS ARTICLE
Hardwood Dealers Manufacturers’ Association
United States
Hardwood Manufacturers Association
National Hardwood Association
Copper mining stocks and percentages listed for June 6
A June 6 market roundup shows numerous copper and mining stocks with varying percentages. Companies include American Zinc, Lead and Smelter 23, Calumet and Hecla 4550, Quincy 74, Utah Copper Co. 41, Granby Consolidated 38, Nevada Consolidated 19, Osceola 130, Mohawk 40, Tamarack, and others with readings spanning single digits to the low hundreds.
MENTIONED IN THIS ARTICLE
George
Atlantic Agi
Brooklyn Rapid
Cane Ee & Se
Gr. West
Peres
Chicago & Sr
Inter
Fowa Central
Southern
Eae
Nashville
Weeee Minn
St. Li.s
Southwestern
Montarne “Pacific
Southern Railway
Texas & Pacific
Tol
St. L
Aimes Pacific
Western
Maryland
Wheeling & Lake Erie
Tere Industrials
Allis-Chalmers
Amer
Amer Car
Fdy
Silly Amer
Amer. Pete
Amer H. & L. Pref Ice Securities
Amer Linsee Eee
Amer Locomotive
Steel Foundries
Tel
Anaconda Mining Co
Bethlehem
Colorado Fuel & Irom
Consolidated Gas
General Electric
Pittsburg
Republic Steel Tate Wecene
Sloss-Sheffield
Tennessee Copper
Boston
Alouez
Kerr .Lake
Lake Copper
le Salle
Miami Copper
Mohawk
Nevada Consolidated
Nipissing Mines
North Butte
North Lake
Old Dominion
Osceola
Parrott
Quincy
Shannon
Superior
Boston Mining
Pitts
Tamarack
United States Sm
Utah Consolidated
Utah Copper Co
Winona
Wolverine
Butter and dairy prices hold steady across markets
Chicago reports butter steady with creamery 25 to 27 3 4c, eggs 15 075 cases, cheese steady with daisies 14 to 15c, poultry firm with turkeys 15c and chickens 17c. Kansas City sees butter steady with extras 27c, eggs receipts, and varied fresh and storage prices. New York notes firmer butter, mixed cheese quotes, and large egg receipts. St Louis lists poultry and butter rates. Elgin Illinois reports butter firm at 27c and output 834700 lbs.
MENTIONED IN THIS ARTICLE
Chicago
Young Americas
Kansas City
New York
Pennsylvania
ST. Louis
Lfc
Elggin
Coffee futures steady as trading shows scattered demand
In New York on June 6 futures opened quiet then advanced briefly before turning steady with a cautious tone. Trading featured 9,000 bags reported sold and closing bids across months from June at 6.20c to May at 6.54c. Havre and Hamburg were mixed or higher, Rio steady, and Santos up slightly with Brazilian port receipts at 8,000 bags. Rio No 78c Santos No 49 1 2c Cordova 9 1 2 to 12 cents rare.
MENTIONED IN THIS ARTICLE
New York
Havre
Hamburg
Rio
Santos
Jundiahy
Cordova
Metals Market In St Louis and New York Parallels Declines
Metals trading shows lead at 4.22 dollars in St Louis while Spelter weakens. New York copper prices ease with spot 12.50 to 12.55 and London futures near 57 pounds. Tin and lead movements noted along with English iron market softness and iron prices in Northern and Southern grades.
MENTIONED IN THIS ARTICLE
ST. Louis
New York
London
Custom House
Lake
East St. Louis
Cleveland
Northern
Lovee
Southern Soft
Wool prices edge up in steady trade in St Louis
Wool remained unchanged in St Louis on June 6 with slight gains in grades for combing and clothing. Price quotes show a light fine at 18 1 2 to 19 1 2 cents and heavy fine at 21 to 21 1 2 cents per pound, with other grades steady.
MENTIONED IN THIS ARTICLE
Merosco Pest
Claude Ashbrook
Wiggins Block
Cincinnati
ST. Louis
Also Mentioned on This Page
Brown
New York Central
Commerce Commission
Houses of Congress
Gotine
Ticker
Western Railroad
President Taft
Amalgamated Copper
House of Representatives
National Biscuit
Twin City
London Settlement
Forgan
National City Bank of Chicago
P. J. Goodhart & Co
Walnut Street
Standard Oil
American Tobacco
Miami
Poston Consolidated N
Putte Coalition
Ray Consolidated Os
Iz Nipissing
Chino
Il Gold Consolidated
Greene Cananea Pe
Sat Wereas Oeste
Ray Central
Serene Midges Seasaheeta
Abe Ohio Co
Saweewe
Arizona
Manhattan Trans’ Speer Enee
Mirrors
Sesse Necesbe
Cambria Steel 45 Electric Co
Lehigh Valley
Tonopah Tere
Union Traction
Philadelphia Philadelphia Co
Rap Tebe
Ebee
Boston Curb
Bay State
Wwe Ewes
Nevada
Utah
Davis-Daly
F. E. Langdon
Wilmington, O
J.W. Esser
Virginia
A. J. Conroy
Laughery Island
Isadore Rauh
A. H. Bartles
Harry Marscher
Ben Dulwebber
Harry McCullough
E. E. Shipley
J. F. Taylor
Harry Otterbein
D. F. Feldman
L. M. Webb
Frank Herschede
C H. Fitzwilson
C. J. McDiarmid
L. V. Overman
R. R. Caldwell
Real Estate Exchange of
Houston
Tex
W. W. Ebersole
Charles BE. Roth
F. B. Wallace
F. A. Schmidt
George Zehler
Winnes
Weil, Roth & Co
Provident Savings Bank and Trust Company
C. E. Dennison & Co
Otis & Hough
National Hardwood Lumber Association
Louisville
Hans Zinke
Foreign Exchange Department
German National Bank
Columbus
American Institute of Banking
Chattanooga
Covington and Newport Bridge
Ben Moeller
Joy Ruh
Ned Heminway
Covington
Emil Steinert
Harry Rairdon
Newport
London Stocks
L& N
Copper
N. Central
Anaconda Tee Wees Nor. .& West
Atchison
W. E. Hutton & Co
First National Panic Building
A. T. Ss
N.Y
Winn, & W. cv
Peo. & East. Inc
Cl. P
C& Oo
Oh S&s
W. M. Ist
S. B. Se
Allis-Chalmers Ie. Levany Oa
S. P. cv
C., BR
Ax. Col
B. Ss. Te
Chi. & Alton
Sig Bl, K. & T
Cat. Ind
Ss. S. F
D- R
NEW York Mining
Treasury Statement
Bank
Commercial Tribune
Encal Disputo Commercial Tribune
Cal
Glasgow
Belfast
Ask
Ask. Cin.In.Ry.pr
Col. & Xenia
Little Miami
L_ STOCKS
Railro
Dog
N.&d
Brighton
Cin. Trust
City Hall
Ae Cosmopolitan
Trust
First Na
N’l
Columbia Bank .& Sav. Co
Nor. Natio’l
Ie Union Trust
ESC_&S.Bég
N.C. Br
de Sap
Dayton & M
Ky. Cent
Miami És
Ind. St. Ry
de Pra.&b
Shillito Cn
Niles TW
Cin
Gas and Electric
Peeeeee Steel Awe
Col. Gas and Fuel
Kroger
Ohio Traction
Wee Deee
Panama
Cin,& Ham
C.n.&c. Cin
St. Ry
L& T
Woods
It. Rys. & L
Scioto Vahey
Col R. & L
Det
UN. Ry
Ohio Trac
L. Et
Industri Am. R. Mill
Fleisch
Jergens
Globe Soap
Bar. & Smith
Black Cl’son
Ham. Ma. Tool ' Boldt Glass
Stan
C. Dtfa
Porliz
Colum. Gas
Oates
Cuyahoga
Ate den
W. Powell
Fay-E. Com
Wurlitzer
Foulds M. En Eesie
Cent ‘Trust
Queen City
S. F
J. J
F. A
M. N
Ry. Ter
P.A
Ter
Stes
Ween Waterworks
Tees Bees
Gilbert W
Hunt St. W
Hamilton County Bonds
Elizabeth Bridge
New Bridge
Os Smith
Egan
B.&n
Ein’ Edison
Col. Ek
Cin. Gas T
Columbia Gas
Ham
Cin. & Ham
N. Ees Sted .Iy
N. O. Ists
Col. Ry. Cs
Ac. B. Bs
S.ohio
Miami & Ger
Scioto Valley
Florida
Navy
Baines
Asais Abe Ac
Eeeweee Acencenses
Sweeeeeseenseslee
Youghiogheny
I P
Shines
New
J York
Milwaukee
Duluth
Minneapolis
St Louis
Peoria
Baltimore
Tim'y
Tim
Tim’y
M’d
Florida Freestone
Boone Enerey
Japan
Ieedeke
N. W. Michigan
Swiss Jorl Cme
Amenes
Akron
Michigan
Bbij
Waneee Lal
Vinceek
W. B. Hutton & Ee
Ae Eevessene
Ohio Fuel
Pet Ee Brewing Co
Pittaoute Coal Co
Sure Mining Seta Teen E
Bane Eee
Westinghouse Electric 2d
Savings Department
Atlas National Bank
Postoffice
Ohio
East
Twelfth and Vine Sts
Ohio Bonds
Weil, Roth
ECO
Paldwin
Baldwin Company
W. 4Th St
Murraye Coss
I¢ Union Trust
Ati, O
Metals