Stocks Rally Amid Inactivity and Uncertainty Next Week Outlook
New York stocks opened unsettled as selling from yesterday lingered. A late recovery followed on lighter supply with Southern Pacific leading gains and United Pacific sparked by its strength. Banks look for a weekly cash gain of 1.2 to 1.7 million as market demand for loans remains firm ahead of July disbursements.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York
Southern Pacific
Union Pacific
Baltimore & Ohio
Great Northern
United States Steel Corporation
Hill Railroad
London market notes and railway shifts in June
Americans in London stay heavy while markets in London are irregular. New Haven Road may quit the Central terminal routing through the Pennsylvania Depot. A London fortnightly settlement starts next Tuesday with varied trade signals. Interborough stocks fall while Inter-Metropolitan 4s show a 60 point drop. Banks note demand for B&O. Three Twenty-three roads report a 12.05 percent weekly gross rise. Pennsylvania lean in Paris undercuts exchange with no gold import need.
Brokers Weigh Rumors Of Steel Corporation Deal
Market dispatches note persistent rumors that the Steel Corporation closed a deal for Great Northern ore lands, with no official word likely until after Congress adjourns. Reports describe mixed sentiment, occasional short covering, and cautious optimism amid selling pressure and bear tactics.
MENTIONED IN THIS ARTICLE
Steel Corporation
Congress
A. O. Brown & Co
Festival plans and notable visits headline Cincinnati notes
Superintendent Charles B. Murray of the Chamber of Commerce leaves July 14 for Europe aboard the steamship Umbria for about ten weeks, with Mrs. Murray and their daughter. The Fall Festival Association plans to bring nationally known figures to Cincinnati for the August September festival, with A J Conroy coordinating with figures like William J. Bryan and ex-President Cleveland. Drausin Wulsin returns from French Lick Springs. J G Schmidlapp is nominated as a three year trustee of the Equitable Life Assurance Co. Attorney Francis B. James returns from Washington after an infringement suit. Judge Sulzberger appoints Max Senior to a 15 member committee for Hebrews. The Marine Review reports on ship subsidy passage and 75 new ships. A Cincinnati Freight Committee and Chamber of Commerce discuss freight delivery tracing with no action taken. another meeting is planned.
MENTIONED IN THIS ARTICLE
Charles B. Murray
Chamber of Commerce
Europe
Umbria
Switzerland
Cincinnati
Fall Festival Association
A. J. Conroy
William J. Bryan
Israel Zangwill
Cleveland
Edward E. Hale
Upton Sinclair
Music Hall
The
Marine Review
Harvey D. Goulder
Merchant Marine League of the
United States
League
Atlantic
Senate
Atlantic Coast
House of Representatives
London bullion moved into Bank of England amid mixed New York cues
London and Hong Kong markets show bullion intake of £30,000 at the Bank of England while shares drift after Wall Street decline. Consols weaken, European rails and American issues swing with Paris and Tokyo. bond and silver rates steady as discount signals fluctuate. Russian and Bombay rate actions accompany varied global price moves on June 22.
MENTIONED IN THIS ARTICLE
London
Bank of England
France
Paris
Wall Street
New York
Union Pacific
Southern Pacific
United States Steel
Anaconda
Atchison
Baltimore
Ohio
Canadian Pacific
Chesapeake & Ohio
Chicago
Illinois Central
Louisville & Nashville
Missouri
Kansas & Texas
New York Central
Norfolk & Western
Ontario & Western
Pennsylvania
Rand Mines
Reading
Southern Railway
Wabash
Bombay
Bank of Bombay
St.petersburg
Stolypin
Berlin
United States
Market commentary on steel copper and rail stock prospects
United States Steel stock shows support near unchanged levels aiding the broader market. Some officials face contemplated prosecution, while copper remains heavy due to possible price reductions and softer demand. Investment counsel urges conservative buys in standard railway shares for potential next week.
MENTIONED IN THIS ARTICLE
Washington
United States
United States Steel
Foster & Co
Turpentine and Rosin Prices Across Cities Reported
Oil market notes from Toledo Wilmington Savannah Charleston and Oil City June 22 show firm turpentine prices in North Lima South Lima and other hubs with rosin ranges from 3.40 to above 4.85 per barrel and window glass and water white values listed. Shipments and averages for Lima oil also reported with totals and daily runs.
MENTIONED IN THIS ARTICLE
Toledo
North Lima
South Lima
Indiana
Wilmington
Savannah
A.B. C
Charleston
Sic. Rosin
Lima
New York Bond Sales Report by W. E. Hutton & Co
The page lists varied bond issues and prices including Japanese 4s 4s 5s and 3s with volumes from 1,000 to 75,000, featuring issuers such as Union Pacific Central Pacific and Erie. Prices range around 87 to 108 percent with numerous small lots and serials across railroads and utilities.
Financial Market Roundup from New York and Boston
Money on call steady at 2 3 4 percent with closing bids near 2 percent. Time loans firm 4 4 1 2 percent for 60 days and 90 days. six months 5 percent. Sterling irregular with weak closing at 485.10 to 485.15 for demand and 482.55 for sixty day bills. Government bonds steady. rail road bonds heavy. Boston notes include 4 to 5 percent call and various rail and utility issues with mixed prices and bids.
MENTIONED IN THIS ARTICLE
Sterling Exchange
London
Paris
New York
Prime Mercantile
Boston
Atchison Adj
Atchison
Mexican Central
Boston & Albany
Boston & Maine
Boston Elevated
Eee Burg
Union Pacific
American Telandi
American Woolen
Minion Iron and Steel
Edison Kisetric Illuminating
Massachusetts Electric
Massachusetts Gas
United Fruit
United Shoe Machine
United States Steel
Westinghouse Tom
Boston Mining Stocks Show Varied Bids Across Market
A Boston market report lists numerous mining and metal shares with mixed bids and prices. Notable figures include Amalgamated 108 percent, Copper Range 7144, Calumet and Hecla 680, Parrot 26, Tamarack 93 bid, United Copper 66, United States Min 5614, and Oregon entries such as Oscéola 107. The data reflects a broad spectrum of activity with several stocks showing bids and others at modest or no gains.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Allouez
Amalgamated
American Zinc
Atlantic
Bingham
Calumet and
Hecla
Centennial
Copper Range
Daly- West
Franklin
Granby
Isle Royale
Massachusetts Mining
Michigan
Mohawk
Montana Coal and Coke
Old Sa
Oscéola
Parrot
Age
Shannon
Tamarack
Trinit
United Copper
United States
United States of
Utah
Victoria
Winona
Wolverine
North Butte
New York Mining Prices Listed for Various Stocks
New York mining prices posted June 22 show Adams Consolidated at 3.0, Alice at 2.00, Bretce 0.30, Brunswick Consolidated 0.25, Comstock Tunnel 0.17, California and Virginia 0.79, Horn Silver 1.90, Iron Silver 6.00, Leadville Consolidated 0.04, Little Chief 0.05, Ontari 2.10, Ophir 3.49, Phoenix 0.62, Potosi 0.a, Savage 0.50, Sierra Nevada 0.15, Small Mines 0.30, Standard 1.85.
MENTIONED IN THIS ARTICLE
New York
Adams Con
Brunswick
Comstock Tunnel
Con
California
Virginia
Leadville
Little Chief
Phoenix
Potosi
Savage
Sierra Nevada
Clover and timothy seed price notes from Toledo
The Toledo market bulletin lists Clover seed at cash 6.75 and October 6.60. Timothy seed price is 2. Alsike seed due in August at 8.00. The note records June 22 and includes unit prices for several forage seeds.
MENTIONED IN THIS ARTICLE
Toledo
Timothy
Alsike
Markets Show Broad Trading With Small Lot Deals
Openings across Cincinnati New York and St Louis show steady clearings and small block trades. Collateral loans held at 4 percent with some activity on that rate while stocks including C N & T P Fleischmann and Cin Street Ry saw multiple small lots and several 97 percent quotes. Bonds and government issues quoted as of June 22 with clearings around 3.58 million and foreign exchange rates at London sixty day bills around 482.5.
MENTIONED IN THIS ARTICLE
Cincinnati
New York Exchange
Cincinnati Street Railway
Toledo Railways and Light
Cincinnati & Hamilton
Ohio Traction
Foreign Exchange
London
Glasgow
Belfast
Vici Cheanehe Wan
Paris
New York
Ask
Industrial Bonds and Stocks Listing Summary
A dense catalogue of bonds and unlisted bank stocks with numerous issue names such as Cin Edison and Ham Gas, plus traction notes and rail bonds. Includes prices or bids like 110, 98, 101 and various 6s and 5s, with references to N Y, Columbus, and Detroit issuers. market terms and note discounts implied.
MENTIONED IN THIS ARTICLE
Bar. & S
Cin. Edison
Ham
Col
Pa. Bridge
UG. Ia Eo & Py Sc
C.n&c
Dayton
Det
Ham. & Lind
Germt
Mt. Au
Cab
N. O
Sright
First N’l
Helv. B. & L
Norw
Nor. Sav. Bk
Union S. & T
C.h.&d
Esau
Om.& C.B
Spr. & Xenia
Col. Crosst
Oak L
TAO
Bultock Pref
Fay & Egan
Ham.ma.t
Niles
Niles Tw
Ss ‘Ph. Carey
Shillito Co
Prith
U. S
Fay & EB
Cotton letters hint at bullish week and July notice
W E Hutton and Foster and Co report weekly cotton stats show expected drain on supplies. First notice day for July is next Friday. Prospects for traders worsen as good grade stocks grow scarce before new crop hits.
MENTIONED IN THIS ARTICLE
W. E. Hutton & Co
Foster & Co
Cotton Market Holds Steady With Declines Favored
The market shows little activity as prices stay near the lows, suggesting purchases on declines and taking profits on any uptick. Dealers report a steady day with modest trading and few price swings.
MENTIONED IN THIS ARTICLE
A. O. Brown & CG
Burley Tobacco Sale Ends Week With Strong Prices
Final sale week keeps steady tone with good competition and favorable price spreads. Planters' Warehouse reported 25 hhds with no report. Buckeye 27 hhds with several price bands. Bodmann 96 hhds across multiple ranges. Globe 48 birds selling from 6.95 to 23.75. Farmers and Shippers 88 hhds from 4.60 to 25.50. Total 284 hhds with varied outcomes across warehouses and price brackets.
MENTIONED IN THIS ARTICLE
Buckeye
Bodmann
Globe
Cal
Louisville Tobacco Market Reports June Sale Prices
The Central House offered twelve dark tobacco birds at 5.00 to 5.50 per log and 6.50 to 7.00 on leaf with two rejections. The Peoples' House sold thirty-one birds, 26 Burley and rest dark, at 12.75 to 6.00 for Burley and 6.50 to 5.00 for dark, with two rejections. Totals: Burley 43 hhds, dark 40 hhds.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Louisville
Central House
Peoples’ House
Burley
Coffee market climbs with widespread advances on June futures
Substantial gains dominated the session as all options rose after early steadiness. June and December eased slightly at open but reversed to a sharp rally pushing most bids and asks higher, with total day sales reaching 31 000 bags. Regional stock figures and deliveries were reported for New York Baltimore and New Orleans.
MENTIONED IN THIS ARTICLE
Charles E. Bultman & Company
Commercial Tribune
New York
Market steadies as weather holds cotton declines at bay
The market resists a further near term drop while weather conditions persist. The cotton season has reached a point of high interest in crop progress, with Chas. J. Buddeke & Co. noting the market’s defensive stance.
MENTIONED IN THIS ARTICLE
Chas. J. Buddeke & Co
Market Survey Says Spinners Bullish Yet Nervous
The notes indicate steady spot markets and bullish spinner advice. Yet indications point to a nervous irregular market with October delivery viewed as an excellent purchase if material recessions occur.
MENTIONED IN THIS ARTICLE
John W. Ballmann
Cotton market closes steady amid dry Southwest and bulls
The New York cotton market was quiet with 10 000 bales traded, closing a few points higher as shorts covered and bulls reentered. In New Orleans the world visible supply stood at 3,252,011 bales with American share 1,835,011 while futures remained steady across futures contracts.
Coffee futures start steady and rise on demand
New York on June 22 reports coffee futures opening steady then firming as local support and covering offset light offerings. Brazilian receipts slow, warehouse deliveries up, signaling stronger physical demand. Close shows a 5 to 15 point net advance with 31,000 bags sold for the day including July at 6.15, August 6.25, September 6.25 to 6.35, December 6.50 to 6.60, March 6.85, May 6.90 to 6.95 cents.
MENTIONED IN THIS ARTICLE
Miotch
Ocines
Hamburg
Havre
Rio
Santos
United States
New York
Baltimore
New Orleans
Wool Market Steady Amid Quiet Demand In Boston
Boston Commercial Bulletin notes a slight weekly improvement but overall quiet wool market. Stocks are small and prices steady as manufacturers’ pricing stance for the new clip drives debate. Idaho Oregon Wyoming purchases bolster grower sentiment while Philadelphia operators lead exports. St. Louis trading largely via Boston firms.
MENTIONED IN THIS ARTICLE
ST. Louis
Boston
Boston Commercial Bulletin
West
Idaho
Oregon
Wyoming
Michigan
Metals market figures from London New York and St. Louis
Reports show lead and spelter down in St Louis at 5.32 and 6 dollars respectively. London copper closed at £83 15s, tin strong at £180 7s 6d with 6 tons sold. New York tin futures firm around £179 10s and spot £9 49s 39.50. Copper in New York fluctuated with spot £82 10s and futures £51 15s amid a softer domestic tone.
MENTIONED IN THIS ARTICLE
George Eustis
The
Mercantile Library and Railroads
Atchison
C. Eost
Canadian Pacific
Chicago
del. & Hudson
Krie ¢Om
Great Northern
Llingis Central
K.I& T
Missouri Pacific
New York Central
Norfolk & Western
Northern Pacific
Ontario & Western
Pennsylvania
Rock Island
St L
St Paul
Texas Pacific
Oun Ok
Toledo & S. W
Union Pacific
Wis
Central
Col F. and
Consolidated Gas
Weer Dist Securities
General Electric
Pr Steel Car Co
Pacific Mail
Republic Steel
Ry Steel Springs
United States Steel
Western Union
Central Leather
ST. Louis
London
New York
American Rolling Mill Company Dividend Notice
The American Rolling Mill Company announces a regular quarterly dividend of 1%% on preferred stock to holders of record at the close of business July 10, 1906. The dividend will be paid July 15, 1906. Books close July 10 and reopen July 15, LLIPS, Secretary.
MENTIONED IN THIS ARTICLE
Middletown
American Rolling Mill Company
R. C. Phillips
Llips
Cincinnati, New Orleans & Texas Pacific Railway Company
Cincinnati
J. W. Hood
Dairy and egg market roundups across cities June 22
Butter and eggs show steady to firm readings in New York Chicago and Philadelphia markets with mixed cheese notes. Butter firm in Philadelphia and New York, eggs steady with regional price ranges, and poultry values noted across Western markets with varied dressing prices. Kansas City reports unchanged eggs and minor case counts.
MENTIONED IN THIS ARTICLE
New York
New State
Chicago
Philadelphia
Kansas City
Missouri
Kansas
Dry goods market signals lower price level in New York
The New York dry goods market saw prints priced at one cent per yard, with buyers reluctant to stock up at higher levels. The drop sparked optimism that trade volume would improve for fall and boost confidence in future sales.
MENTIONED IN THIS ARTICLE
New York
Treasury balances report shows cash and gold assets
Washington June 22 Treasury balances in the general fund exclude the gold reserve. Available cash balance stands at 176,018,947 dollars with gold coin and bullion totaling 88,271,754 dollars and gold certificates at 38.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Also Mentioned on This Page
New Haven
Central Terminal
Inter-Metropolitan
Interborough
Peoria
Charles J. Buddeke & Co
P. J. Goodhart & Co
Gue
French Lick Springs
J. G. Schmidlapp
Equitable Life,Assurance Company of New York
Francis B. James
Atlanta
Ulman & Co
Sulzberger
Max Senior
Cincinnati Freight Committee
Roberts, Hall & Criss
New York Stock Exchange
Candad Shine
Eae
Eae Haa Oe
Hewek Se Kamen
Ea Ieee Aes Bei
British Columbia Copper Eeee
Wee
Consolidated Refrigerating
Greene Consolidated Copper
Navana Tobacco
Ewer
Houston Oil of Texas
Seinesacbastanceesvdenpesees
International Mercantile Marine
Teeewe
Manhattan Transit Co Ee
Montreal
New Amsterdam
Otis Elevator
Peel Seaboard Air Line
Oporto
Tennessee Copper
Eee
Eee Eee Etee Union Copper
Wieepeie Kiema Aestte Pibin
H. M. Beazell
First National Bank
Pac
Éas
N. W
Cc. L
Cc. Ag cc A. St I
L. Indus
Indus
S— St. L
W. Con
Cen
Ist Inc
St. Pe
Mil
S. W
Erie
Wits
S. P. Refi
Ctis
Geo. Mid
Aiken
Gulf & S
Mo. Pac
Hock. Val
St. L
Met
C.L
N. Y
Los
M.S
Redts
G. c
A L. Nl
jWest
L. B
Manhattan
Total
Boston Mining
NEW York Mining
Special Dispatch
Call Money
Time Money
Stock Exchange
Tol. Rys
Light
D. A
T.pr
Ehoa
Fleischmann Pref
Cin. Gas
Bhlec
Ohio Traction Pref
Cin
Elec
Barney & Smith
Cin. Link. Fund
Cin. Int. Ry
Col. & Xmenia
Coss Ss
Little Miami
Scioto Et
Col.Rys
UN. Ry
Columb
Way & Npt
Brownell
Casey H. Pr
C. Rap
City & S. Tel
Gom
Am. R. Mill
Bane Atlas
F & PL
Fleischm
Globe-W
Isha
VOSS
Fmroois
Ieee
W. Powell
Wurlitzer
Citizens National Bank
U.S
U. S&s
Hamilton
O. P. Tucker
O. P. Icker
J. D. Meeker
Chas. D. Kinney
Cooper Procter
M. Ww
Edward Goepper
Consol, S. Foc. J
Fund Is
M. N
F. A
M N
Water Works
Longview
Cane Benson
Esac
J. Song Cebicensis
Newport Bonds
Tractio
South
Railro
German National Bank
Covington
Kentucky
Kenton
James C. Ernst
H. A. Schroetter
John R. Coppin
T. S. Hamilton
S. T. Hatfield
Geo. M. Cayce
WM. Riedlin
H. W. Schleutker
Geo. E. Engel
Central Trust Safe Deposit Co
East 4Th Street
Walnut Street
Safe Investments
Cleveland, Ohio
Bond Department
the Union Savings Bank and Trust Company
Louisville Tobacco
Shorts
Do Gulf
Hester
Liverpool
Nion Trust
WOOL
Metals
J. E. Jones
Carlisle
S. W.cor
D. H. Baldwin & CO
W. Fourth St
Ingalls Building
First Nat’l Bank Bldg
Columbus
Coal Bonds
Spencer Trask & Co
William and Pine Streets
W. H. Fillmore & Co
St. Paul Building
Wurlitzer Piano
Claure Ashbrook
Walnut St
Chicago Street Improvement
S. Kuhn & Sons
E. Thkd
J. F. Feder
Investment Securities
Traction Building
Standard
Foundry
Northern
Southern
Treasury Statement