Unexplained Rush To Sell Triggers Anxiety In Market
A New York stock market session shows rapid selling of speculative holdings led by United States Steel and Pennsylvania. Observers cite lack of clear cause amid dividend boosts and Paris loan talks, with money on call easy and overall sentiment depressed.
MENTIONED IN THIS ARTICLE
Pennsylvania
United States
Baltimore, & Ohio
The
Paris
United States Steel
Southern Foundry
Indiana
Foreign Exchange
Bank of England
Wall Street Gossips In London Markets Firm
American stocks in London held firm with Bank of England rate cut to 3 percent boosting optimism. Demand for stocks in the loan crowd eased while inquiries rose for B&O and St. Paul. Pittsburg Coal profits exceed last year, and both New York and London appear ready for July dividends. Western rail traffic shows mixed gains with twenty-three roads averaging a 12.05 percent rise in the second week of June.
Brokers Assess Cuts in Sout Foundry Iron
The talk of cuts in south foundry iron has been exaggerated and the impact on steel trade will be small. The market likely remains dominated by professionals for the next two weeks, with good stocks considered safe on market breaks.
MENTIONED IN THIS ARTICLE
H. M. Beazell
A. O. Brown & Co
Money on Call Steady in New York and Boston Markets
New York money on call steady at 24 1 3 percent with prime commercial paper at 5 1 2 percent amid firm sterling. Boston reports call loans 4 5 percent and various bonds and stocks trading with mixed activity across railroads and utilities.
MENTIONED IN THIS ARTICLE
New York
Steaay
Sterling Exchange
Boston
Atchison Adj
Atchison
Mexican Central
Boston & Albany
Boston & Aine
Een Vere
Fitchburg
Union Pacific
Nsiasiplamebee
American Arge. Caer
American Pneumatic Bee
American Sugar
American Tel
American Woolen
Dominion Iron and Steel
Edison Electric Illuminating
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machinery
United Crerene Tone
Westinghouse Com
Boston Mining Prices Advance on Diverse Bid List
Boston market report shows price changes across mining stocks with Adventure at 6% bid and Amalgamated at 102% while several miners like Isle Royale and Tamarack trade near 18% to 95% ranges. United Copper and Granby appear among active issues with varied quotes.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Allouez
Amalgamated
American Zinc
Atlantic
Bingham
Calumet and
Hecla
Centennial
Copper Range
Daly-West
Franklin
Granby
Isle Royale
Mass. Mining
Michigan
Mohawk
Montana Coal and Coke
Old Dominion
Osceola
Parrot
Quincy
Shannon
Tamarack
Trinity
United Copper
United States Mining
United States Oil
Utah
Victoria
Winona
Wolverine
North Butte
Aberts
Hall & Criss
York
Ask
American Cancom
Peete
Bay State Gas
British Columbia Copper
Beer Consolidated
Greene Consolidated Copper
Hiavana Tobacco
Houston Oil
Int
Mercantile
Seenewee
International Salt
Mackay
Manhattan Transit Co
Montreal
New Amsterdam Gas
New York Electric Vehicle
Ottis Elevator
Serbae
Seaboard Air Line
Tennessee Copper
Union Copper
Commodity price list from New York market report
The June 21 New York market report lists several mining stocks and metal shares with quoted prices. Commodities include Adame Con Brunswick Con Comstock Tunnel Con Cal and Va Horn Silver Iron Silver Leadville Con Little Chief Ontario Ophir Phoenix Potosi Savage Sierra Nevada Small Hopes Standard and others with varying prices.
MENTIONED IN THIS ARTICLE
New York
Brunswick
Comstock Tunnel
Con. Cal
Leadville
Little Chief
Ontario
Phoenix
Potosi
Savage
Sierra Nevada
Sheep skin sale in London yields mixed prices
In Mincing Lane a sale of 2391 sheep skins saw slower competition and irregular pricing. Half woolled crossbreds stayed in demand with higher prices, while dimmerinos fell 55 percent and crossbreds dropped five percent. Clothing and combing bale prices varied by region and origin.
MENTIONED IN THIS ARTICLE
London
Mincing Lane
New South Wales
Victoria
South Australia
West Australia
Tasmania
New Zealand
Punta Arenas
New York Bond Sales Reported In Fragmented Figures
Fragmented OCR shows bond sale figures with numbers like 30,080 13 000 and 108 22,000 and references to W. Eb. Hutton & Co and First National Bank Building. Details are unclear with garbled terms and partial totals.
MENTIONED IN THIS ARTICLE
W. EB. Hutton & Co
First National Bank
Bond Sales and Market Activity Across US Exchanges
United States markets report light bond sales and steady money demand. Cincinnati clears 3.522 million, St Louis 8.446 million, Chicago 34.282 million with modest New York premium trends. C N C and Toledo, Bowling Green shares show activity as traders attend Governor Pattison funeral. curb and exchange quotes list varied bonds and stocks with little overall change.
MENTIONED IN THIS ARTICLE
Stock Exchange
Pattison
Toledo
Bowling Green & Southern
Columbus Gas and Fuel
American Rolling Mill
Cincinnati Stock Exchange Omits Afternoon Session
The Cincinnati Stock Exchange omitted the afternoon session following Governor Harris's suggestion to suspend business during Governor Pattison's funeral. The article notes several local social events and movements around Cincinnati including club dinners, ball games, and public outings.
MENTIONED IN THIS ARTICLE
Cincinnati Stock Exchange
Harris
Pattison
Bank of England cuts discount rate sparks mixed markets
London cuts Bank of England discount to 4 1/2 percent and bullion intake reaches £99,000 while gilt edged securities rise. Stock markets show cheerful tone with United States Steel cautious after rumors of new issue. gains seen in Paris and Berlin on firmer money and lower discount rates.
MENTIONED IN THIS ARTICLE
London
Bank of England
Stock Exchange
Paris
Baltimore & Ohio
Southern Pacific
New York
United States Steel
Anaconda
Atchison
Canadian Pacific
Chesapeake & Ohio
Chicago Great Western
Chicago
Milwaukee & St. Paul
de Beers
Denver & Rio Grande
Erie
Union Pacific
Wabash
ST. Petersburg
Aren
Exchange
Berlin
Coffee market shows strength as June closes higher
New York trading opens with uneven moves but strengthens. total day sales reach 67 500 bags. Early gains give way to slight pullbacks before a late rally, with July to May futures finishing higher. United States coffee stocks and overseas deliveries noted, with 3 427 755 bags visible.
MENTIONED IN THIS ARTICLE
Ask
Wray Aves Sy Sak
Hamburg
Havre
Rio
Santos
United States
New York
Baltimore
New Orleans
Burley Breaks Show High Grade Tobaccos in Trading
Local breaks featured strong demand for high grade tobaccos. Prices held well with light rejections as buyers, including Planters' Warehouse and Buckeye Warehouse, purchased numerous hogsheads across multiple lots from Bodmann Globe and Farmers and Shippers with varied price ranges from $4.95 to $25.25 per hundred.
MENTIONED IN THIS ARTICLE
Buckeye
Bodmann
Globe
Tobacco Auctions Report From Louisville Market
The Ninth Street Warehouse offered 27 hhds of tobacco with 17 Burley and the rest dark. Prices ranged from 5.75 to 12 on Burley and 4.90 to 7.20 on dark. Three rejections and a steady market. The Home Warehouse sold 10 Burley birds at 6.60 to 11.25 with no rejections and a strong active market.
MENTIONED IN THIS ARTICLE
Louisville
Ninth Street
Germans Warned of a Tariff War in Germany
At a Nuremberg meeting of the Central Association of German Manufacturers the General Secretary urged the temporary extension of treaty duties with the United States but warned that a tariff war would be unavoidable if the U S treats German firms unfairly. He said German industry is not yet prepared for sustained tariff conflict and urged preparation to protect German economic interests and dignity.
MENTIONED IN THIS ARTICLE
Berlin
Central Association of German Manufacturers
Nuremburg
Herr Bueck
United States
Pig iron market shows rising activity and mixed prices
The Pig Iron Market reports sustained buying and renewed interest led by Rogers Brown & Co. Northern furnaces hold strong position with limited delivery, while Southern prices fluctuate. Bessemer and basic irons stay scarce, with large Southern and Northern sales shaping the market. hope for a late June large tonnage and continued demand for Ohio irons.
MENTIONED IN THIS ARTICLE
Birmingham
Bessemer
Basic
Pittsburg
Ohio Irons
Texas Rainfall Patterns
The text notes many Texas counties received under one inch of rain in two months while early heavy rains improved underground conditions. It argues the Texas situation is growing serious as private crop estimates vary widely and are not trusted, with lower levels showing fair support late in the day.
MENTIONED IN THIS ARTICLE
Texas
Chas. J. Buddeke & Co
John W. Ballmann
Cotton Market Quiet as Prices Slip on Texas Drought Fears
New York reports a quiet cotton market with an early decline followed by a steady close. Trading shows 150,000 bales sold, with July around 10.38c and October 10.34c, while New Orleans and Liverpool markets display mixed futures and spot movements amid drought worries and ongoing demand.
MENTIONED IN THIS ARTICLE
New York
Texas
Liverpool
Southwest
Gulf
New Orleans
Metals Roundup London and New York Markets June 21
Copper and tin prices mixed as London closed copper at £84 and tin at £178 with substantial tonnages sold. New York saw a £3 rally in tin, copper weaker on spot, and iron and lead prices steady to lower. St Louis notes lead at $5.90 and spelter at $6.05.
MENTIONED IN THIS ARTICLE
London
New York
Standard Foundry
Cleveland
Northern
Southern
ST. Louis
Sugar Prices In New Orleans Market Report
New Orleans June 21 sugar prices show centrifugal 3a3 7-16c and centrifugal yellow 3% a3%c. Seconds quoted at 2a3%c. Molasses and syrup firm.
MENTIONED IN THIS ARTICLE
New Orleans
Cattle and Hogs Trade Report From Cincinnati Market
Receipts and shipments over the past day show steady to firm demand for heavy steerage and dairy cattle, with prices for choice steers around 5.35 dollars and various butcher and stocker categories fluctuating. Hogs and lambs moved lower and higher in tandem with Western markets while regional reports from Dayton East Buffalo and Pittsburg noted generally steady to soft trends across cattle, hogs, and sheep.
MENTIONED IN THIS ARTICLE
Cincinnati
Commercial Tribune
Dayton
Ohio Live Stock Commission Company
East Buffalo
Pittsburg
Err
Arizona
Texas
New York
Chicago
Omaha
ST. Louis
American Rolling Mill Company Dividend Notice
Middletown Ohio June 19 1906 The regular quarterly dividend of 1 percent on preferred stock will be paid July 15 1906 to holders of record at close of business July 10 1906 Books close July 10 to July 15 R C Phillips Secretary
MENTIONED IN THIS ARTICLE
Middletown
American Rolling Mill Company
R.C. Phitluips
R. C. Phillips
Cincinnati, New Orleans & Texas Pacific Railway Company
Cincinnati
J. W. Hood
Bank of France and Bank of England Weekly Financial Totals
Paris and London report weekly changes in reserves and deposits. France posts declines in note circulation and declines in bills discounted while deposits and gold and silver holdings rise. England shows total reserve growth and higher note circulation with increases in public deposits and government securities steady.
MENTIONED IN THIS ARTICLE
Paris
Bank of France
Treasury
London
Bank of England
New York Dry Goods Market Shows Quiet Trade
In New York on June 21 the dry goods market was quiet with buyers not taking goods freely. May goods were scarce and paid at full price, while coarse goods showed sagging prices.
MENTIONED IN THIS ARTICLE
New York
Treasury balances show cash and gold holdings
Washington June 21 statement of general fund balances lists available cash of 169,310,008 dollars excluding the gold reserve of 150,000,000. It shows gold coin value at 88,588,111 dollars and gold certificates at 33,
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Seed Prices in Seed Market Report
Seed prices listed for Clover seed Cash 9.75 October 6.60 No 2 8 0 and Timothy Prime 1.95 along with August alsike 7.75 reported from Seed toledo on June 21.
MENTIONED IN THIS ARTICLE
Toledo
Timothy
August Alsike
Also Mentioned on This Page
Foster & Company
P. J. Goodhart & Co
Gates
John W. Bullmann
Chas. E. Bultman & Co
W. E. Hutton & Co
Roberts, Hall & Criss
George Eustis & Co
Mercantile Library
Cephales
Crane
Aenae Atlantic
Neeee Co
Central Leather
Chicago G
Colorado Southern
Sheen
Delaware & Co
Norfolk & Western
Northern Pacific
Ontario & Western
Rock Island
Southern R. R
St. Paul
Texas Pacific
Toledo Ry
Car & Fdy
Ita
Sane
Col F. & Iron
Consolidated Gas
Securitie
General Electric
Pacific Mail
Republic Steel
Ry Steel Springs
Sugar Tenn
Enone
Western Union
Wall Street
Ae Ie
Pittsburg Coal Company
Boston Mining
NEW York Mining
New York Exchange
Special Dispatch
Call Money
Time Money
the Stock Exchange
B. G. & Southern
Col. Gas and Fuel
Park Extension
Barney & Smith
Sheen Eee Steerer
Glasgow
Belfast
MTG G Seiers
Opera
Sterling
Aakee Elemens
Cescescesces
Cin. Int. Ry
Col. & Xenia
Drefis
Little Miami
Cin
Ham
Nor, O. L.&t
Ohio
C.N
C. L&t
Jae
St. Ry
Ind. Ry
Ee Columb
Col.Rys. & L
Jergens
Bar. & Smith
Scioto Valley
Casey-H. Pr
Ch. C. Pap
Tomac City & S
Tel
Tobacco
sTocws Am. R. Mill
Cincinn
Congol, &. F
J. J
A. O
F. A
M. N
Southern Ry. Terrigs
Viaduct
J. D
Nenrseel Viaduct
Hamilton County
Elizabethtown Bridge
Longview
AVEO
Tascghes
Coll Armory
F.A
Newport Bonds
lHam
G & HB
Tod
Fleischm
Globe Soap
Globe-W
Stan
Kroger
Isc
Pantiog
W. Powell
Wurlitzer
Bar. & S
Cim, Edison
B. & N. Bidg
Col.Gas
Traction
D. & Tisson
OS Mt. AG
Cab
N. O
Snio
Det. U
Aan, & Lind
Ae R
Germ
Railroa
C.h.&d
Icil & W. Ts
Sright
Trust
Peeres
R.&f.w
CH & Ds Do Pr
A&b
Eagle
Caacaee Mee Industrials
Amer. Book
Oak L.pr
Type
Bullock
iPay & Egan
Kentucky
the Lagoon
Knights
Bellevue
Foraker
Cincinnati Traction Company
East
Cincinnati Bar Association
Zoo
Frank Morse
Morse
California
Louisville Tobacco
Teutons
ORCEO
Rogers, Brown & CO
Matthew Addy
Southern Coke
BOC. Cuss
Lake Superior
Wals
Lake Superior Coke
Chase
Jackson County
Foundry Northern
Plain Foundry
Baden Overs
Gray Forge
Cotton Letters
Manchester
Price
Fall River
Foster & Co
Hailas National Bank
Walnut Street
Buddeke & Co
Chas. J. Now Trust Building
Onre
Metals
Peoria
Lima, Findlay & Toledo Railway
Weil, Roth & CO
East Fourth Street
Webner
Accountants and Auditors
Ingalls Building
First Nat’l Bank Bldg
Columbus
E, Jones & CO
Carlisle Tin
Che
Baldwin Fia
D. H. Baldwin & CO
W. Fourth St
Claude Ashbrook
Walnut Sr
Chicago Street Improvement
S. Kuhn & Sons
E. Thid St
J. F. Feder Investment Securities
Traction Building
Steinway
Treasury Statement