Pennsylvania Loan Triggers Sharp Stock Rally In Market
New York traders saw a brisk recovery after a week of decline as the announced fifty million dollar Pennsylvania loan for Paris financing spurred buying. The move boosted early prices to 133, though levels faded. Interborough Metropolitan, Baltimore & Ohio, and bonds showed varied action amid shifting money scores and drought effects.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York
Pennsylvania
Paris
Interborough
Wall Street Gossip and Market Notes Reprint
American stocks held firm in London and Paris with gains seen in major issues. Bond activity included Pennsylvania placing 50 million dollars in Paris. Demand for St Paul and Pennsylvania lines and B Co remained strong amid loan interest. Solvency for foreign markets quiet. consols remained heavy. Southern steel expects continued activity. Chicago Northwestern notes mixed business. Steel rail orders for 1907 delivery exceed 125 000 tons from last week. Chicago appetite for bonds tight, beef expos residues moderate. Crop and weather conditions generally favorable. New Orleans reports trade conditions at average levels for prior years.
MENTIONED IN THIS ARTICLE
St. Paul
Pennsylvania
Sugar and molasses prices at New Orleans market
New Orleans reports current quotes for sugar firm open kettle centrifugal at 87 16 per cent cent, yellow sant 28 %, and molasses and sirup at mixed rates.
MENTIONED IN THIS ARTICLE
New Orleans
Market commentary from leading brokers citing mixed sentiment
Brokers report improved early tone but money market constraints keep gains limited. They note gold imports readiness, Pennsylvania bond activity boosting a few issues, and Interborough weakness dampening broader lists. Some firms expect gradual price recovery after month end with Pennsylvania loan actions lifting sentiment in previously bearish quarters.
Market Rally Pushes Dividend Bets Amid Pennsylvania Loan
B. and O. shows strength through the day and a 6 percent dividend increase is confidently expected. The successful flotation of the Pennsylvania loan abroad creates urgent demand for stock. Sugar, the Steel stocks, and Reading share in early strength. Analysts Roberts Hall and Criss note the favorable mood with John W Ballmann highlighting the foreign flotation.
MENTIONED IN THIS ARTICLE
Roberts, Hall & Criss
Pennsylvania
Reading
John W. Ballmann
Stock market summary of mining stocks with bids and asks
Boston reports a list of mining and related stocks with bid or ask quotes. Companies include Amalgamated, American Zinc, Calumet and Hecla, Centennial, Copper Range, Dominion Coal, Isle Royale, Massachusetts Mining, Michigan, Montana Coal and Coke, Osceola, Parrot, Quincy, Tamarack, United Copper, United States Mining and Oil, among others.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Allouez
Amalgamated
American Zinc
Atlantic
Bingham
Calumet
Centennial
Copper Range
Daly- West
Dominion Coal
Franklin
Granby
Isle Royale
Massachusetts Mining
Michigan
Montana Coal and Coke
Old Dominion
Osceola
Parrot
Quincy
Shannon
Tamarack
Trinity
United Copper
United States Mining
United States Oil
Utah
Victoria
Iona
Wolverine
North Butte
Market Summary of Mining Shares in New York
New York on June 19 lists mining share quotes with Adams Cons trading at .20, Alice at 2.00, Brunswick Cons at .22, Comstock Tunnel at .18, Con, Cal and Va at .67, Horn Silver at 2.00, Iron Silver at 6.00, Leadville Cons at .05, Ontario at 2.35, Ophir at 3.23, Potosi at .04, Savage at .80, Sierra Nevada at .14, Small Hopes at .30, Standard at 1.76, and others in mixed prices.
MENTIONED IN THIS ARTICLE
New York
Adams
Brunswick
Comstock Tunnel
Con
Cal
Leadville
Little Chief
Ontario
Potosi
Savage
Sierra Nevada
State fund statement cites gold reserves and cash balance
Washington on June 19 reports the Lapego up the general fund excluding a 150 million dollar gold reserve. Available cash balance stands at 167,488,256 dollars, gold on bullion at 87,736,410 dollars, and gold certificates at 37
MENTIONED IN THIS ARTICLE
Washington
Directors declare 1 percent preferred stock dividend
New York June 18 reports the Corn Products Refining Company board declaring a 1 percent dividend on its preferred stock. Peoria June 19 notes whisky prices at 123.
MENTIONED IN THIS ARTICLE
New York
Corn Products Refining Company
Peoria
New York Bond Sales Report
Bond market bulletin shows figures for NY securities with 2.109 percent yield at 400 and 11,900 value, plus 99 percent of par on a 15 percent 1,000 issue. Data provided by W. B. Hutton and Co and First National Bank Building.
MENTIONED IN THIS ARTICLE
W. B. Hutton & Co
First National Bank
National Hay Association delegates convene in Put in Bay
Delegates to the National Hay Association annual convention organized yesterday in Put in Bay and planned future meetings. Elected as officers are F. F. Collins as Chairman C. E. Van Leunen as Secretary J. W. Ellis as Treasurer. A Cincinnati brokers tour Dayton plant of Barney & Smith Car Company. United States Telephone Company of Cleveland votes to raise capital to 5 million dollars and plans to absorb several Ohio systems. Board seats increased to fifteen.
MENTIONED IN THIS ARTICLE
National Hay Association
Put In Bay
F. F. Collins
C. E. van Leunen
J. W. Ellis
W. T. Irwin
Cincinnati
Dayton
Barney & Smith Car Company
John Anderson
Albert Wietrich
Hiram de Camp
Richard Bray
J. N. Roberts
William Allen
August Vos
Joseph Fe‘der
Samuel Strueve
United States Telephone Company
Cleveland
Ohio
Youngstown
Stark County
Canton
Zanesville
Columbiana County
Massillon
Lancaster
Findlay Home Telephone Companies
The
Citizens’ Telephone Company of
Fostoria
Cotton market activity shows heavy July selling and late-month buying
Market opened steady but declined 3 to 5 with active trading as July months were liquidated and late contracts bought. Wall Street operators dominated trades while trade awaited the government report. Prices drifted with little significance amid ongoing July liquidation and suspected manipulation.
MENTIONED IN THIS ARTICLE
Wall Street
W. E. Hutton & Co
John W. Ballmann
New York Cotton Market Ends Quiet After Latest Liquidation
Markets show continued liquidation across contracts with July leading a broad retreat. Prices drift to near session lows as reports hint at a weaker crop outlook and weather concerns.
Coffee futures open in steady market with mixed demand
New York June 19 The coffee futures market starts firm then declines slightly amid all street selling and weak support. Trade shows mixed prices with July at 6.05 6.10, September 6.15 6.20, December 6.45, May 6.80 as deliveries reach 26,250 bags with total U S visible supply around 3.458 million bags.
MENTIONED IN THIS ARTICLE
Liverpool
Chas. J. Buddeke & Co
Nion Trust
Tung Aee Eee
B.sot
Santog
United States
New York
Baltimore
New Orleans
Money Markets and Bonds Across New York Boston
New York and Boston report steady money on call at 3 percent with time loans at 4 to 5 percent. Sterling exchange weak around 485 for demand bills and 482.60 to 482.65 for sixty day drafts. Bond listings show irregular government and railroad issues and varied railroad stock prices across exchanges.
MENTIONED IN THIS ARTICLE
New
York
Eady
Prime Mercantile Paper
Sterling Exchange
Boston
Atchison Adjt
Atchison
Mexican Central Ds
Boston & Albany
Boston & No
Boston Elevated
Fitchburg
Mexican Central
N. Y
Union Pacific
Amer
Dominion Iron and Steel
Edison Electric Islum
Massachusetts
Trbc
Massachusetts Gas
United Fruit
United Shoe
United States Steel
Westinghouse Com
New York Exchange
London
Glasgow
Belfast
Paris
Sterling
New York
Market bids for seeds and grasses in Toledo
Clover seed brings cash price of 6.90 with October 6 delivery. Rye No 26 cents. Timothy prime 1.90 and August 1.95. Alsike August bid at 7.75.
MENTIONED IN THIS ARTICLE
Toledo
Rye
Timothy
Alsike
Market roundup notes steady demand in 1900s securities scene
Reports from Cincinnati St Louis and Chicago show clearings totals and loan rates while traders focus on C N C and other industrials. Strong appetite for Cin C N C common stock with bonds and gas shares trading. money remains at current rates amid varied curb and exchange activity.
MENTIONED IN THIS ARTICLE
Cincinnati
Rail securities and traction issues listed with prices
The page shows various railroad and traction securities with par values and prices. Entries include Do 4s 66 106 percent and 4s 89, Cy.1 and W. 4s 98, Steneeee aSey C.R.&F. W.7s 101 percent, Miami 5s 10s, plus industry bonds like Fay & E Gs 113. Prices range around 93 to 132.8 with several 100-based percentages.
MENTIONED IN THIS ARTICLE
Cin. Int. Ry
N.&.&t.p. Bite - Col. & Xenia
Way & Npt
Bridge
Globe-W
Brownell
Hous.Stan
Aia
Cin. Tobacco
Powell Pr
Little Miami
Cin. & Ham
Nor. O. L.&t
Ohio
Lees Acta
T. Ry
Ind. Ry & T
Columb, Ry
Co Pref
Rys. & L
Col
Scioto Valley
Am. R. Mill
Ham. G. & EB
Jergen
Kroger
Ée Chemis
É. B
City & GL
Atlas Nat
Ger
Merch
T. Oo
Cincinnati Bonds
Consol
J J
A. AL O
seceeseeeelOhe
F. A
Es Sveencee
MDA
Sceas
J. D
Hamilton County
Elizabethtown Bridge
Longview
Armory
Sseseesesese
Benson St. Bridge
Big Miami Bridge
Covington Bonds
J. J
Newport Bonds
Railro
C.F
F.W
Miami
St. Ry
M. & E. Canal
Bullock
Fay & Egan
Ham
Ma.t
Hoov-O-R
Niles B.-P
Niles T.W. Pr
Carey
Shillito Co
Cotton Report on July 3 Proximo
New Orleans June 19 Victor H Olmstead chief of the Bureau of Statistics says the next monthly cotton report will be issued July 3 proximo He notes current law requires the 8th of each month and a pending bill seeks the 10th with condition reports matching the first ginner's report of cotton ginned each month.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New Orleans
Hester
Victor H. Olmstead
Bureau of Statistics
Congress
Ohio Incorporations Filed for Various Firms in Columbus
Listings show articles of incorporation dated June 19 for Walnut Hills Council in Columbus and multiple firms across Ohio. Companies include The Ohio Foundry and Manufacturing Company in Steubenville with 1500000? capital, Stockham Homogenous Mixer Manufacturing in Piqua at 40000, Globe Foundry Company in Cincinnati at 10000, Forest City Railway in Cleveland increasing to 2000000, Buffalo and Susquehanna Steamship in Mentor rising to 475000, and Cincinnati Realty Company boosting from 1500000 to 1700000. Other names include Stockham, Sharpe, Kombrinck and Zobel.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
Walnut Hills Council
United American Mechanics
Harry F. Ross
Harry E. Koehl
John J. Nally, Jr
Carl F. Deremon
Robert J. Hodge
Ohio Foundry and Manufacturing Company
Steubenville
Geo. H. Sharpe
Alex. B. Sharpe
Wm. L. Sharpe
M. 8
B. A. Hulswith
J. C. Baum
Forest City Railway Company
Cleveland
Buffalo and Susquehanna Steamship Company
Mentor
Cincinnati Realty Company
Foreign Bourses Report Mixed UK and European Trading
London Bullion 98 000 pounds moved to Bank. silver weak at 36 16d. Money easy, discount weak, bills competitive. Stock markets dull but gilt edges steady as Americans edge below parity then rise. Major bonds and shares range with De Beers, Reading, Union Pacific and others quoted. Paris and Berlin show modest gains and declines amid calm to weak turns.
MENTIONED IN THIS ARTICLE
London
Bank of England
Stock Exchange
Baltimore & Ohio
Ennsylvania
Paris
New York
Anaconda
Atchison
Chesapeake & Ohio
Chicago
Milwaukee & St. Paul
de Beers
Denver & Rio Grande
Erie
Illinois Central
Louisville & Nashville
Missouri, Kansas & Texas
New York Central
Norfolk & Western
Ontario & Western
Pennsylvania
Rand Mines
Southern Railway
Southern Pacific
Union Pacific
United States Steel
Abash
T. Petersburg
Oggers
Berlin
Bestone Exchange
Cattle Market Inactive with Mixed Prices Across Regions
Cattle market subdued on Tuesday with light receipts and carryover cattle. Prices show general ease though heavy steers and cows display uneven demand, hogs and lambs meet steady or higher bids in day’s trading across Cincinnati Dayton and East Buffalo markets.
MENTIONED IN THIS ARTICLE
Aeneth
Jung
Commercial Tribune
Dayton
Ohio Live Stock Commission Co
East Buffalo
Live stock price roundup across major markets
Cattle and hog prices move unevenly with light to steady receipts from Pittsburg Herrs Island Chicago St Louis Kansas City and New York. Notable figures include cattle at 5.65 5.8 in Pittsburg 5.65 5.75 near Herrs Island and 4.90 5.85 in St Louis while hogs range 6.60 6.75 in Chicago and 5.80 6.60 in St Louis. lambs reach 7.75 in Kansas City with mixed shares in New York and Cincinnati areas.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Pittsburg
Herr’s Island
Chicago
Metals market figures from St Louis to New York and London
June 19 metal prices show lead at 5.87 percent in St Louis, speller at 6.10, London copper steady at £82 12s 8d per ton, tin at £176, New York prices: copper £382 16s, futures £80 15s, locally copper around $18.76 to $19, lead $5.76 to $5.95, speller £27 10s locally $26 25, iron higher with standard foundry at 49s lid, Cleveland warrant 144, Mals $18, No 1 foundry $18. Mals do No 2 foundry 18.75, No 3 foundry Southern 17.75.
MENTIONED IN THIS ARTICLE
George Eustis
Mercantile Library
Atlantic Coast
Colorado Southern
Tener
Delaware & Cee Ee
Erie
Nee
Great Northern
Hocking Valley
Illinois Central
Missouri Pacific
St. L
F. Ar Zs
St Fru
Texas Pacific Ween
Toledo Rys. &L
Aeerese
Toledo
Union Pacific
Wabash
Mocsaanhien Cove
Consolidated Gas
Aeteeee
Distillers’ Securities
General Electric
People’s Gas
Republic Steel
Steel Springs Bugar
Western Union
Reese
ST. Louis
Kkansas
Texas
London
New York
Standard Foundry
Cleveland
Northern
Southern
Wool market stalls as bids fail to spark activity
Boston June 19 wool trade remains quiet with dealers and manufacturers holding back. Western stock shortages are questioned by local buyers while efforts to cheapen goods persist. Territory wools dull with mixed prices across medium to heavy grades and washed/delaines noted in several regions.
MENTIONED IN THIS ARTICLE
Boston
West
Ohio
Pelvania
Kentucky
Indiana
Stockholders Meeting to Lease Cincinnati Gas and Electric Property
Notice announces a special stockholders meeting of the Cincinnati Gas and Electric Company at its office at Fourth and Plum streets in Cincinnati Ohio on Wednesday June 2 1906 at noon to decide on leasing all properties rights and privileges under terms with Archibald S White and associates as approved by the board on April 10 1906 and May 17 1906. By order of the Board of Directors Norman G Kenan president Theo C Clauss secretary and treasurer. Cincinnati Ohio May 7 1906.
MENTIONED IN THIS ARTICLE
Cincinnati Gas and Electric Company
Fourth and
Plum Streets
Cincinnati
Ohio
Cincinnati Gas and Eiectics Company
Archibald S. White
Also Mentioned on This Page
Southern Steel
Chicago & Northwestern
P. J. Goodhart & Company
H. M. Beazell
Charles J. Buddeke & Co
Foster & Co
A. O. Brown & Co
Bultman & Co
W. E. Hutton & Company
Boston Mining
NEW York Mining
Treasury Statement
Cotton Letters
Manchester
Gulf
U., Wdc
Ciscount
Special Dispatch
Call
Time
Gas and Electric
Indianapolis Ralilway
Tshares C
Ishare C
T. Pref
Cin. Gas and Electric
Cin
Barney & Smith
Cleveland (O
Pated Cogacenetad
Union L., H. and P
Eoncesuce
Newport
Eocecees Loo
Barberton
Eeedeee
Cin. Edison
Jham. Gas
Pa. Bridge
Ask
Jin Trust
Hallenee
Borts, Hall & Criss
New York Stock Xchange
Tocks
Sisk American Cam
Bay State Gas
Seeee
British Columbia
Greene Consolidated Copper
Ees Oten
Fomagen Igas
Deesuns
Houston “Oil of Texas
Sasewerees
International Schadule Marine
Tipagsatietin
Ateewee
Mambatten Transit Co
Montreal
New Amsterdam
Seaboard Air Line
Royal Baking Powder
Tennessee Copper
Union Copper
National Bank
TAX Exempt
Hailas National Bank
Walnut Street
Postoffice
Fourth Street
Central Trust and Safe Deposit Co
East Fourth St
Walnut St
Metals
Barney & Smith Car Co
Je, Jones & CO
Bizeo
Carlisle Batldin Main
Cor
Walnu
D. H. Baldwin & CO
W. Fourth St
Accountants and Auditors
Ingalls Building
First Nat’s Bank
J. F. Feder
Investment Securities
Traction Building
Claude Ashbrook
Walnui St
Chicago Street Improvement
S. Kuhn & Sons
E. Third St
Phenix Grain & Stock Exchange
Fourth St
the Globe-Wernicke Co
J. BE. Blaine
James 8. Brailey, JR
Blue Rock Ae Co
Ure
Upo
Cmpany
Board of Directors
Rock
George Wabnite
Amzi McGill
Jjed
Procter & Gamble Company
Raoedlan
D. B. Gamble
Orleans
Texas Pacifico
la Ee
Gockholiers
J. W. Hood