Growth in Pressure Leads To Closing Demoralization
New York June 29 Stocks traded freely in a continued liquidation move with nibbling at prices that eroded values. Selling pressure grew into a weak demoralized close, as bears kept cautious and shorts profited at lower levels. May rail earnings improved except Reading, market closed weak with heavy losses and a long list of par value sales.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York
Bear Party
Money
May
Reading
United States
H. M. Beazell
Wall Street Gossips on London Markets and Steel Output
Americans in London signal limited chance of tighter money for dividends. United States Steel officials project record structural output this year. Stocks flow freely in loan crowd, reflecting steady market conditions.
MENTIONED IN THIS ARTICLE
United States Steel
Financial brief notes on Atchison and Reading earnings
The report notes Atchison's income account shows 1116 percent earned on common. Reading records a May net decrease of 731 213 dollars. Car Foundry posts a 4.52 percent surplus after preferred dividend on common. Exchange shifts to gold import with no confirmation of engagements in London.
MENTIONED IN THIS ARTICLE
Atchison
Car Foundry
London
What Brokers Say Market Outlook and July Disbursements
The letters note heavy market activity ahead of holidays and July disbursements. Bears controlled the market with Steel stocks showing weakness and a near low close. Analysts expect weak, irregular trading after the first week of July with reinvestment shaping conditions and varied railroad earnings and dividend rumors.
Stock Market Slump Worsens Amid Forced Liquidation
Fresh outburst in stock markets triggered by liquidation leaves general list weak near bottom. Spasmodic rallies late in the day fail to hold as traders note forced selling and anticipate further declines after July payments.
MENTIONED IN THIS ARTICLE
Chas. E. Bultman & Co
New York Bond Sales Summary
A ledger of bond sales lists Japanese and Canadian issues, U S and regional railroad and utility securities, with par values and percent yields. Totals show overall activity across corporate and government issues, including Erie MeMex Cen and gulf lines, with numerous 4s 5s and 6s maturities and varying prices.
Dividend Changes and Corporate Moves This Week
The Farmers and Shippers' Leaf Tobacco Warehouse Company declares a 2 percent quarterly dividend on first preferred stock payable July 14 with books closing July 7. The Chicago Alton Railway stock is removed from NYSE regular list and will not be quoted. R H Weatherhead Jr plans a New York move to join A Co Brown & Co. Dayton & Western Traction increases capital stock to 1.75 million dollars. Ohio Valley Woolen Mills of Cincinnati incorporated at 26 thousand dollars with listed principals. Union Savings Bank President J G Schmidlapp returns from New York trip. Canadian Pacific Railway leases storeroom in Linton Hotel Building for 6000 dollars per year.
MENTIONED IN THIS ARTICLE
George Eustis & Co
Mercantile Library Buiing
Balireeie
Atchison Sewenwene
Atlantic Coast
Tenner Ees
Ice Canadian Pacific St
Colorado Southern
Chicago
Gt. Western
Delaware & Udson
Erie
Great Northern
Illinois Central
Manhattan
M &T
Norfolk & Western
Ontario & Ene
Pennsylvania
Rock Island Oes
Southern R
St. L
St. Paul
General Electric
Republic ‘Steel
United States Steel
Farmers and Shippers’ Leaf Tobacco Warehouse Company
Chicago Alton Railway
New York Stock Exchange
Canadian Pacific Railway Company
Linton Hotel
London
Bank of England
United States
England
New York
Paris
Stock Exchange
Grand Trunk
Canadian Pacific
Union Pacific
Anaconda
Atchison
Baltimore & Ohio
Checsapeake & Ohio
Chicago Great Western
Milwaukee & St. Paul
de Beers
Denver & Rio Grande
Louisville & Nashville
Missouri, Kansas & Texas
New York Central
Ontario & Western
Rand Mines
Reading
Southern Railway
Uthern Pacific
ST. Petersburg
Berlin
Cincinnati
Stock Transfer Books Oil Company
Market Improvement Seen in Quiet Barometer Trading
On June 29 in Cincinnati and Chicago clearings rose while barometer bonds held steady. Barney & Smith stock drew notable attention with trades at five dollars, Procter & Gamble preferred at twenty, and Cincinnati Gas movements around one hundred two percent.
MENTIONED IN THIS ARTICLE
Stock Exchange
Barney & Smith Common
Procter & Gamble Preferred
Cincinnati Gas
Columbus Gas and Fuel Company
London Financial Scene Dampens as Gold Flows and Stocks Move
London reports bolster gold shipments to the United States with £100 bullion and £102000 sent, while the US buys $510000 in Eagles from the Bank of England. Markets show subdued activity with firm discounts, mixed stock movement, and notable gains for American shares amid weak Paris trading and broader European rates.
Money and bond markets across New York and Boston update
New York reports money on call strong at 4 to 4.6 percent with full at 5 percent and time loans uneven. Sterling exchange weaker after advances. government bonds easy while railroad bonds show varied prices. Boston markets show call loans 4.5 percent, time loans 4 to 5 percent. equities and bonds across listed issuers like Atchison, Mexican Central, Union Pacific and United States Steel display mixed moves.
MENTIONED IN THIS ARTICLE
Special Dispatch
Commercial Tribune
ST. Louis
Call Money
Time Money
New York Exchange
New York
Prime Mercantile Paper
Sterling Exchange
Boston
Atchison Adj
Atchison
Mexican Central
Boston & Albany
Boston & Maine
Boston Elevated
Fitchburg
Union Pacific
American Arge. Chemical
American Pne
Boston Mining Market Summary of Closing Prices
Boston June 29 market notes show prices across mining stocks with notable bids and percentage changes. Amalgamated 9 percent, United Copper 61, Dalny? Daly West 15, Quincy 93, Michigan 11, Isle Royale 17, Tamarack 9, Calumet and Hecla 682 a685, Old Dominion 36, Grandby 10, Trinity 8, Victoria 7, Montana Coal and Coke 2, Winona 6 bid, North Butte 84, African? listings include many others.
MENTIONED IN THIS ARTICLE
Boston
Adventure
Alloues
Amalgamated
American Zinc
Atlantic
Bingham
Calumet
Hecla
Centennial
Copper Range
Daly West
Franklin
Granby
Isle Royale
Massasetts Mining
Michigan
Mohawk
Montana Coal and Coke
Old Dominion
Medra
Parrot
Quincy
Shannon
Tamarack
Trinity
United Copper
United States Mining
United States of
Utah
Victoria
Winona
Wolverine
North Butte
Market quotes from New York by the day’s close
A list of commodity prices and yields with multiple mining stocks and shares including Adams Con 1, Alice 2.15, Breece .30, Brunswick Con .30, Comstock Tunnel 15, Horace 1.85, Iron Silver 6.09, Leadville Con Little Chief .05, Ophir 3.50, Phoe nix .02, Potosi .05, Savage .70, Sierra Nevada .12, Small Hopes .30, Standard 1.75 offered and more.
MENTIONED IN THIS ARTICLE
New York
Adams Con
Brunswick
Comstock Tunnel
Con. Cal
Leadville
Little Chief
Ontario
Phoenix
Potosi
Savage
Sierra Nevada
Hanover Bank Secur es Gold in London Trade
New York June 2 Announcement says Hanover National Bank has engaged 500000 dollars in gold in London for investment and reserve purposes. The move highlights international gold operations and bank liquidity.
MENTIONED IN THIS ARTICLE
New York
Hanover National Bank
London
Market Dullness in July Cotton Amid Nervous Trading
Market opened steady with a 3 to 5 point decline while trading stayed active. Notices circulated for 60 000 July options and 40 000 to 60 000 bales, triggering a sharp decline before a partial rally as observers noted oversold conditions and large block sales by McFadden interests.
Securities Trading Notes From Historic Bond Market List
A compact list of securities trading figures and prices across railroads, industrials, and bonds. Notable entries include Ind. St. Ry 8 M.&H5 Caral West Ohio, Eagle, Am. Oak L. pr, Niles B.-P., Ph. Carey pr, Shillito Co. and Hoover-O-R pr. Market figures show prices and percent quotes for various stock and bond issues.
MENTIONED IN THIS ARTICLE
Ohio
St. Ry
Ind. Ry. & T
Columb. Ry
Rys. & L
Col
Scioto Valley
Am. R. Mill
Ham. G & EL
B'way & Npt
Tye Ogee
Brownell
Dayese Oe Soo
Stan
Casey-H. Pr
Kroger
Ch. C
Ape
Jergens
Bar. & Smith
Fleischm
Glone
City
Miami
Ind
West Ohio
R. FE
A &D
A&b
Eagle
Amer
Oak L
Niles B.-P
Niles T.W
Ss Ph. Carey
Bullock
Shillito Co
Ee Do P
Mae & Egan
POL
Pith
Ack
Ma.t. Pr
Hoov-O-R
Fay & E. Gs
Banks' Condition Shown for Cincinnati National Banks
The Comptroller of the Currency released June 18 1906 data on Cincinnati National banks showing deposits of 36 200 124 00 dollars and loans of 47 003 006 18 with total resources of 89 635 302 57. A May 25 1905 comparison provides one year context.
MENTIONED IN THIS ARTICLE
Cincinnati
Washington
July Cotton Futures Hold Steady Amid Delayed Notices
In COTTON, NEW YORK market notes for June 29 the July notice day saw large spreads and nervous activity as estimates suggested 50 000 to 60 000 bales in play yet closings held firm. July led late trading gains, with futures steady and spot markets quiet though new crop months steadied on private data. New Orleans and Liverpool markets showed mixed results with steady or firmer tones and varied spot prices.
MENTIONED IN THIS ARTICLE
New York
Shorts
Gulf
New Orleans
Hester
Liverpool
Derk
Coffee futures rise as market steadies on wall street support
New York June 29 The coffee market showed broad improvement with months advancing from 5 to 19 points as trading stayed firm. Prices closed firm with sales of 44 000 bags and September at 6.50 cents October 6.85 cents December 6.75 cents March 7 cents May 7.10 to 7.11 cents.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Hamburg
Havre
Santos
United States
Itimore
New Orleans
Baltimore
Wool Market Notes from St Louis June 2
Wool prices steady in St Louis with combing and clothing wools quoted 23 to 28 cents per pound, grit fine at 20 cents, heavy fine at 42 cents, tub-washed at 32 to 42 cents per pound.
MENTIONED IN THIS ARTICLE
ST. Louis
Anthracite Demand Surges in Western Markets
Western coal buyers rush to stockpile as orders rise after a period of weak demand. Producers defend long term pricing while overproduction pressures persist and shipments shift to Northern docks to avert winter shortages.
MENTIONED IN THIS ARTICLE
Chicago
Treasury balances statement shows gold assets and cash
Washington on June 29 reports the general fund balances excluding the gold reserve. Available cash is $174,058,951 while gold coin and bullion total $90,094,719 and gold certificates amount to $40, with further figures likely listed.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Dividend Notice from The American Rolling Mill Company
Middletown Ohio June 19 1906 a dividend of 2 percent has been declared on the common stock payable July 25 1906 to holders of record at the close of business July 10 1906 R C Phillips secretary
MENTIONED IN THIS ARTICLE
American Rolling Mill Company
Middletown
R. C. Phillips
Oil and Turpentine Market Reports June Shipping Data
Toledo reports North Lima at 98 with others at 9c, while Oil City shows credit balances and varied shipments and runs for Lima. Charleston notes turpentine and rosin inactivity, and Savannah lists firm turpentine and rosin prices across grades from A to water white.
MENTIONED IN THIS ARTICLE
Toledo
North Lima
South Lima
Indiana
Oil City
Lima
Charleston
Savannah
Also Mentioned on This Page
German National Bank Fourth and Vine
Barney and Smith Car Co
Ohio Municipal
St Veek
Hill Railroad
P. J. Goodhart & Company
Bears
W. R. Todd & Co
A. O. Brown & Company
Congress
John W. Ballmann
Foster & Co
W. E. Hutton & Co
First National Bank
Cen
Ga_ con
Erie cv
Ist Inc
C. L
Erie G
2D Inc
Ays
Cen. Pac
Gulf & Ss. L
C. Gw O
Hock
Val
Wits
N. & W. Poca
Dsie
Cok Indis
St. L. S W
Wilkes
Qoo Gogo Oogsood
R. H. Weatherhead, Jr
Messrs. A. Co. Brown & Co
Dayton & Western Traction Company
Ohio Valley Woolen Mills Company of
Clement L. Hillis
J. M. Spencer
H. S. Heilker
C. A. Heilker
W. W. Clippinger
J. G. Schmidlapp
The
Union Savings Bank and Trust Company
Barney &Smith
T. Pf
Morning Call
Barney & Smith
Gas and Electric
Procter & Gamble
Inter
Barberton
Cleveland
Laporte County
Union L
Newport
Comecs
Foreign Exchange
Glasgow
Belfast
Ask
T.P
Col. & Xenia
Dopref
Little
Industrial Bonds, & S
Cin. Edison
Bar. B. & N. Bidg
Ham
Col.Gas
Ub. i. H. &P. Cet. Ry. Lin
Consol
Fund A
M N., Aeeeee Eeeel Southern Ry. Ter. Sigs
Eeeene Sabscelol
F. A
Vakioxune Sh
R .A
Eee
Oneeeeenesees
Noa Es Wess
Roil Ene Ravdys Citka Sa
Hamilton
Longvie Eee Wate We Armory Ee
Longview
ION Oan
Benson St
Bridgeee
Big Miami
O- Covington
J. J
F.A
Water Works J
Do Redemp . A
Roberts, Hall & Criss
Dole Bay
British Columbia
Consolidated
bee_ Greene Consolidated Copper
Havana
Iiisceg
Sveéton Oil of
Texas
International Mercantile Marine
International Salt
Mackay
Etna Tone Eae T
Manhattan Transit
Montreal and
Boson Mining
New Amsterdam
Tee
Otis Elevator
Royal
Seaboard Air Line
Standard Oil
Tennessee Copper
Union Copper
Ieierak Tee
Boston Mining
NEW York Mining
Peoria
Price
A. O. Brown & Co
Chas. J, Buddeke & Co
Cotton Exchange
McFadden
John W. Ballmdhn
Dayton
Det
Eiec
Ham. & Ee
UNLIS
Trust
City Hall
Cosmopolitan
Hely. B
Norw
Nor
Traction Sit’es
de Pref
C.&c
M.& B. Can
C.B
Spr. & Xenia
C.K & Aen
Col. Crosst
Bass
Banks
Comptroller
Chas
Schaake & Co
Nion Trust
Wood
A. B. Leach & CO
Farson, Leach & CO
Philadelphia
German National Bank
Covington
Kentucky
ATO
City OF
County OF
Kenton
James C. Ernst
H. A. Schroetter
John R. Coppin
T. S. Hamilton
J. T. Hatfield
Geo. M. Cayce
WM. Riedlin
H. W. Schleutker
Geo. E. Engel
Seasongood & Mayer
Mercantile Library
Kuhn & Sons, Bankers
Third Street
Secretary of the Treasury
Coal Trade Review
Dogo Oddoooooooghod
Treasury Statement
Cin’ti, Dayton & Toledo Traction
Claude Ashbrook
Walnut Street
Coal Bonds
Spencer Trask & Co
William and
Pine Streets
W. H. Fillmore & Co
St. Paul Building
Baldwin
D. H. Baldwin & CO
W. Fourth St
J. E. Jones
E. Webner
Accountants and Auditors
Ingalls Building
First Nat’s Bank
Columbus
J. F. Feder
Investment Securities
Traction Building
American Rilling Mill Company
Cincinnati, Newport and Covington Light and Traction Company
J. M. Hutton