Stock Market Shrinks. Prices Lose Ground on Exchange
Prices slipped on the Stock Exchange as market dimensions contracted and the money market showed tight call loans ahead of July settlements. Gains followed news of potential higher dividends from several rail and utility stocks, while readings on wheat and grain offered a contrary note. A Chicago commission-house failure and small bank troubles added unease to late trading.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York
Stock Exchange
Commission House
Chicago
Market Summary Following Dividend Notice
Toward recovery were defeated by a rise in call money rates. Louisville & Nashville fell sharply when only the regular dividend was declared, closing near the day’s lows. Bonds were irregular with total sales at par value of 2,635,000 dollars. United States bonds remained unchanged on call.
MENTIONED IN THIS ARTICLE
Louwisville & Nashville
United States
Wall Street Gossip and Market Movements
Americans in London traded near parity as banks fell to the Subtreasury by Friday totaling 552000 dollars. The NYSE will stay open Monday. Vice President Manderlip predicts money will stay easy. International Steam Pump will omit July common stock dividend. Twenty eight roads report third week June with 6.73 percent higher gross. Pennsy net income seen at 8.9 percent on capital stock. Nearly 40000000 dollars spent.
MENTIONED IN THIS ARTICLE
International Steam Pump
Harriman Elected to Erie Executive Committee Amid Rail News
The report notes E. H. Harriman has been elected to the Erie Railway executive committee. It mentions improvements by Canadian Pacific in four years and highlights cast iron pipe firms increasing working capital by 400,000 dollars and earning 4 percent on common stock.
MENTIONED IN THIS ARTICLE
Canadian Pacific
Cleveland
Cincinnati
Northwestern
Chicago
E. H. Harriman
The
Erie
Market Brokers Predict Steady Tone Through Holidays
Brokers across firms report firmness likely to continue with no near term advance before the holiday. Sentiment remains bullish and outlooks from multiple centers are promising. Some divisions warn of profit taking but expect prices to rise after holidays and July dividends.
MENTIONED IN THIS ARTICLE
Roberts, Hall, & Criss
Geo. Eustis & Co
Irregular closes mark weak Paris and London stock mood
Paris prices opened weak on Russian news withIm perials at 88 25 and 1904 bonds at 502. London money tight with 2 1 2 percent discount and bullion movements to Gibraltar. U S rails firm in Berlin trading with mixed closes and many securities listed with varied yields across markets.
MENTIONED IN THIS ARTICLE
Paris
Russia
London
Berlin
Stock Exchange
Bank of England
Gibraltar
Anaconda
Atchison
Baltimore & Ohio
En & Ohio
Chicago
Great ‘Western
Iago
Milwaukee & St. Paul
de Beers
Denver & Rio Grande
Drie
Illinois Central
Louisville & Nashville
Missouri, Kansas & Texas
New York
Southern Railway
Southern Pacific
Union Pacific
Unites Steel
Wabash
Coffee market remains dull with mixed futures in New York
New York reports a muted coffee day with total sales under 56 000 bags and December futures slipping early. Prices held largely flat with limited activity across key markets in Hamburg Havre Rio and Santos as US stocks and deliveries show varied totals.
MENTIONED IN THIS ARTICLE
New York
Lecovched Dace Care
Hamburg
Havre
Rio
Santos
Brazil
United States
Baltimore
New Orleans
Money on Call and Bonds in New York and Boston Markets
New York reports higher money on call at 2 42 to 3 percent with time loans around 3 percent and prime mercantile paper near 3 to 4 percent. Sterling exchange weak. commercial bills about 485 to 485.5. bar silver 58 1 2. Government bonds steady, rail road bonds uneven. Boston shows call loans around 3 to 4 percent, various rail and miscellaneous bonds and securities listed with mixed movement.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Boston
Atchison Adjustable
Atchison
Mexican Central
Boston& Albany
Boston & Maine
Fitchburg
N. Y
Pere Marquette
Union Pacific
American Arge. Chemical
Dominion Iron and Steel
Edison Electric
General Electric
Massachusetts Electric
Massachusetts Gas
United
United Shoe
United States Steel
Westinghouse Com
Special Dispatch
Commercial Tribune
ST. Louis
New York Exchange
Bank of France and Bank of England weekly statements
Paris reports shows notes in circulation up 86 420 000f and treasury accounts up 13 450 000f while general accounts rise 76 200 000f and gold in hand up 1 200 000f. bills discounted drop 1 625 000f. London figures show total reserve down 1 022 000, circulation up 1 210 000, bullion up 185 566, other securities up 4 677 000, other deposits up 2 955 000, public deposits up 694 000, notes reserve down 945 000 and unchanged government securities. Reserve ratio falls to 46.19 percent from 51.06 percent.
MENTIONED IN THIS ARTICLE
Paris
Bank of France
Treasury
London
Bank of England
Financial markets show light stock activity and strong bond demand
The local stock market remained quiet with light selling pressure and fair bidding. Bond demand stayed strong with most issues at advances, and $193,500 in sales reported including Southern Ohio 5s and Covington and Cincinnati Bridge bonds. Clearinghouse exchanges totaled $3,483,850, with New York exchange in good demand and sterling firm at 48 for documentary bills.
MENTIONED IN THIS ARTICLE
Russia
Odessa
New York
Paris
London
Toledo Railways and Light
Southern Ohio
Covington and
The
Stock Exchange
First Call
Cin. Gas and Electric
Toledo Bys. and
Light
T. Pf
Toledo Bus. and Light
Southern Ohio Traction
Sooo CD
Oesseentenseses
Bridge
Cincinnati School
Newport Ky
Eine Cae
New York Exchange
Glasgow
Asa
Agre Circus
Stock Exchange stamps ruling reversed
The Cincinnati Stock Exchange Board reversed yesterday’s ruling on stamping transferrable stocks in New York. The seller must affix the stamp and furnish a clear deed, reversing the prior decision that the buyer should stamp under New York law. The Western German Bank declares a regular 3 percent plus 4 percent extra quarterly dividend payable July 1, adding $50,000 to surplus to reach $750,000. J. G. Schmidlapp’s appointment to the Equitable Life Assurance Co. directorship surprises local bankers. he will sail for the Philippines with Taft’s party in July. National Automatic Fire Alarm stockholders refer leasing proposal to a committee for a $6,000 yearly rental to American District Telegraph, with a resulting 12 percent dividend on the $50,000 stock.
MENTIONED IN THIS ARTICLE
Board of Governors of
The
Cincinnati Stock Exchange
New York
J. G. Schmidlapp
Equitable Life Assurance Company
Schmidlapp
Equitable
California
Taft
Philippine Islands
National Automatic Fire Alarm Company
M. E Moch
C. E. Page
American District Telegraph Company
Telegraph Company
Automatic Company
Reggal
Cotton Market Notes and Expert Opinions
Traders warn the market could swing 75 to 100 points in short order while prices sit near last summer levels. Spot demand remains solid as government data could turn bearish, with July contracts seen as well balanced. Local and outside interests show mixed views on near term moves.
MENTIONED IN THIS ARTICLE
Chas
J. Buddeke & Company
W. BH. Hutton & Co
John W. Ballmann
Market slides as bears hammer shares in New Orleans
A. O. Brown & Co reports a weaker market yesterday afternoon with selling weighing on the South amid worsening weather conditions. They warn Wednesday sellers may push prices higher when they enter the market.
MENTIONED IN THIS ARTICLE
New Orleans
South
A. O. Brown & Co
Cotton futures steady amid nervous trading in New York and New Orleans
New York and New Orleans report a quiet cotton market with steady futures after heavy late liquidation. Prices show firmness at times due to strong spot markets and rain fears, with uncertainty from possible notices and political events.
MENTIONED IN THIS ARTICLE
New York
Liel
Russia
New Orleans
Tobacco market shows steady activity on Thursday sales
Market offerings remained fairly active with New grades holding prices similar to the prior day while old types dipped slightly. Thursday's sales covered Globe Warehouse 28 birds, Farmers and Shippers 79 hhds, Planters 13 hhds, Buckeye 54 hhds, Bodmann 113 hhds, totaling 387 birds with price ranges from 2.60 to 17.50 per unit.
MENTIONED IN THIS ARTICLE
Globe
Buckeye
Bodmann
Louisville Tobacco Market Report June 29
The People's Warehouse offered 90 hhds of Burley with prices from 4.50 to 15.75 and 6 hhds rejected. Shelby County crop of 140 hhds averaged 12.75. United Dark Warehouse offered 67 hhds with 3 rejected. logs 3.85 to 5.75 and 5.15 to 9.20 for leaf. Green River 20 hhds sold 5.20 to 9.20. Planters' Warehouse traded 50 hhds with 3 rejected. prices 10.55 to 15.50. Totals: Burley 697, dark 129, total 826.
MENTIONED IN THIS ARTICLE
Louisville
People’s Warehouse
Burley
Shelby County
United Dark Warehouse
Green River
Mining stock listings from Boston exchange noted
A Boston report lists varied mining shares with prices and percentages including Adventure 32 Amalgamated 81% American Zine 8 Atlantic vs Bingham Calument Hecla Copper Range Daly-West Dominion coal Daly-West Be Docainion Coal Franklin 8% Granby 5% United Copper United States Oil 104 Winona 10% and other values.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Allouez
Amalgamated
Atlantic
Bingham
Centennial
Copper Range
Daly-West Be Docainion Coal
Franklin
Granby
Hie Royale
Massachusetts Mining
Mohawk
Montana Coal
Pad Mebee Dominion
Osceola
Parrot Y
Shannon
Tamarack
Ais Pe ‘Ee
United Copper
United States United States Oil
Utah
Oria
Winona
Valerine
PIGEON MARKET Ponders Wage Settlements and July Outlook
Market overview notes wage-scale settlements in Birmingham and relaxed purchasing, with renewed buyer interest for half-year contracts. Iron markets show irregular prices, strong steel demand, and steady coke, while consumption remains robust and wholesale quotations edge upward as buyers anticipate a later surge.
MENTIONED IN THIS ARTICLE
Birmingham
Cincinnati
Rails Dominate Orders In Iron Trade Review Update
The Iron Trade Review notes steel rails show larger tonnages than other finished materials with major orders from Vanderbilt systems, Wa bash, Toledo Interurban, Long Island and others. Steel bar contracts vary from 26 to 30 dollars per ton with buyers seeking 28 dollars, but producers insist on 30 dollars.
MENTIONED IN THIS ARTICLE
Cleveland
Iron Trade Review
s“Vanderbilt
Wabash
Toledo
Chicago
Long Island
Milwaukee & St. Paul
Pittsburg
Procter & Gamble Declares Quarterly Dividend on Preferred Stock
The Procter & Gamble Company of Cincinnati announces a regular quarterly dividend of two percent on its preferred stock payable after June 11 1905 to stockholders of record at noon June 20 1905. Transfer books close at noon June 20 1905. Ohio corporate books reopen July 1 1905, per D B Gamble secretary.
MENTIONED IN THIS ARTICLE
Columbus Gas Light & Heating Company
H. M. Work
Procter & Gamble Company
Cincinnati
Ohio
Ansfer Books
D. B. Gamble
Metal market roundup with mixed London and New York closes
Leads show lead at 4.47 percent in St Louis, spelter steady near 6.07, while London tin backed to 139 per kg spot and 133 10s futures. Copper eased abroad to 65 17 64, New York prices steady locally with lake and sleetrolytic at 15 and 14.75. Iron weakened in Glasgow and Middlesboro, with foundries sliding toward 15 to 16.50 ranges.
MENTIONED IN THIS ARTICLE
ST. Louis
New York
London
Glasgow
Middlesboro
Northern
Southern
Dry Goods Trade Signals Steady Market in New York
Dry goods operations in New York note buyers pushing for prompt deliveries but facing strong market resistance. Renewed interest appears in export sources yet buyer expectations remain below the market level.
MENTIONED IN THIS ARTICLE
New York
Treasury Statement Shows Available Balances After Gold Reserve
Washington June 29 Treasury statement lists available balances at 139 million 018 thousand 248 dollars after excluding 150 million gold reserve to the redemption division. Mention notes 66 million 917 thousand 998 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Whisky Trade Ledger Fragment From Oria June 29
Whisky on the basis sat for finished goods in a brief, clipped entry from Oria dated June 29, noting a warehouse or trade detail in this historical ledger fragment.
MENTIONED IN THIS ARTICLE
Oria
Also Mentioned on This Page
Rudolph Kleybolte & Co
First National Bank
Reading
Amalgamated Copper
Internal Russian Affairs
Ontario & Western
Lehigh Valley
George Eustis
Mercanti
Libra
Baies
Atlantic C
Do L
Wees &° O
Ie Tent
Gamadian Pacific
G. Ebs
Col Southern
Wee
Aeree del & Hudson
Detroit United
Dees Erie Com
Ifock Valley
Siz
A 'H
Tlinois Central
Manhattan
Ion
M., K. & Oaeee Eee
Wees
Treet Ry. Aeee
Missouri Pacific
Norfolk & Western
Northern Pacific Senee Ie
Pennsylvani
Rock Island
St. L. Pes
Texas Pacific
Toledo Ry
Toledo & W
Wis
Central
Dist. Securities
Le’s Gas
Pacific Mail Pr
See, Ser C
Western Union
Roberts, Hall & Criss
New York Stock Exchange
Ssssscereenees Sovcescsees
Ees
Houston Oni of
Texas
AOR
Dames International Mer
Mar
Res International Salt
Manhattan Transit
Montreal
Psd
N. x
Northern Securities Co
Otis Elevator
Teeeene Sane
Tennessee Copper
Union Copper
Mackay
Ween
Wall Street
Manderlip
National City Bank
Pennsy
W. E. Hutton & Co
Cc. G. T
Mex
Cen
Ist Inc
Pocahon
Erie fFlien
Erie Penn. c
Ser
B. Ee
N. J. Col
Spisia
St. L
W. Cc
St. P
Total
Pennsylvania
Chesapeake & Ohio
P. J. Goodhart & Co
Foster & Co
Hiram de Camp & Co
Ww. E. Hutton & Co
Charles J. Buddeke & Co
Ask
Paakeenie Socvee
Col. & Xenia
N.o.&t.p
Little Miami
T. BH
POE
Steptoe
Ee Bank
Atlas Nat
Fo West
Consol
A. O
J. J
M. A
J. D
Hamilton County
Elizabethtown Bridge
Longview
Armory
Seeeseecessseees
Restier
Berks Sone
Water Works
J. Oe Ied Do Redem
F. Aigane
Aueneseaew
Big Four
RAE
M. Bs. i
Wren
Miami
Bright
Cin. Trust
City Hall
Helv. B. & L
Norw. Fast
Nor
Ham
Colum. Ry
C. Br
O. L&t
B.can
Col
C.N
Hay
N. Ohio
m.Oak L
Boldt Glass
Bullock
Cotton Letters
Chas. J. Buddeke & Co
Union Trust Building
Louisville Tobacco
Boston Mining
N. C
Seasongood & Mayer
Aulas National Bank
Walnut Street
Postoffica
Jets Jones & CO
Carlisle
Albert Kleybolte &Co
Pigeon Market
Rogers, Brown & CO
Southern Coke
Sceevee
Teweene Southern Coke
Gray Forge
Ee Tee
Lake Superior
Jackson County
Iro
Foundry Northern
Steven Weee
Foundry
Plain Foundry
Seeee
Northern Wee
Basic
Alabama
Virginia
Virginia Foundry
Southern Semen
Matthew Addy & CO
the Iron Trade Review
Kinnard
W.R. Todd
Walnut ST
Cincinnati Viaduct
Weil, Roth & CO
East Fourth St
City OF Chicago
S. Kuhn & Sons
E. 3d St
F. E. Werner & CO. Certified Public Accountants
McIntire
Dayton
First Nat'l Bank
Columbus
Gres Lomare
Main Street
D. H. Baldwin & CO
W. Fourth St
Bessemer
Valley Furnace
Detroit
Amalgamated Association
American Sheet and Tin Plate Company
Metals
Treasury Statement
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!