Wall Street Aflame With Rumors On Union Pacific Financing
Market chatter swirled around Union Pacific as rumors about financing and a large block of bonds abroad circulated. Analysts warned the session showed more speculation than solid factors with wage trends and labor disputes likely to shape the near term, while construction bonds and seasoned issues remained in focus amid a cautious, profit taking trading environment.
MENTIONED IN THIS ARTICLE
Union Pacific
Pacific
Young men at helm in amalgamated copper company
Amalgamated Copper announces new directors Benjamin B. Thayer John D. Ryan and John Bushnell as James Stillman retires from the board. The company reports 1907 net income of 6.68 million dollars down from 14.15 million the prior year despite mines running at full capacity.
MENTIONED IN THIS ARTICLE
Aap
Amalgamated Copper Company
James Stillman
National City Bank
George H. Church
J. B. Judson
Mr. Stillman
Stillman
Benjamin .B. Thayer
John D. Ryan
John Bushnell
Amalgamated Company
Standard Oil
Benjaminb. Thayer
Amalgamated
H. H. Rogers
Butte Coalition Company
Butte
Heinzes
National Transit Company
Rogers
Melin
Tte
Cos
United States
Cotton Market Shows Quiet Trade and Slight Decline
Cotton trading slowed with an estimated 175000 bales sold and a net decline of 7 26 points. The market opened barely steady, private acreage estimates rising about 1 percent and a 3 percent drop in condition. Local spot prices were 10 points lower at 11 30 middling, with Southern markets largely steady to lower.
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Fung Verdeeseeessee
PS Plg
Wletpadatree Lois
Asd
APN
Paleoe
Anany Fic
Lochl
Gulf
Savannah
Norfik Stead
Augusta Pier
St. Louis
Galves
Memphis
Mery
Tah
Atlantic
Upper Range
North Butte
Tae & T. Ov
W. Mich
Wrestlel & Tel
Atchison Weovesees
Atchison Pf. Ee Oe
Boston & Albany
Boston & Lowell
Boston
Thode Island
Utah
Utah Copper
Boston Banks Publish Weekly Statement
The Associated National Banks of Boston release their weekly statement for the period ending June 1. Details include banks' reserve positions deposits loans and other key indicators reflecting financial activity in the Boston market. The report provides insight into liquidity and utilization across local financial institutions.
MENTIONED IN THIS ARTICLE
New York Times
Boston
Associated National Banks of Boston
European Markets Rebound as Indian Gold Release BoostsLiquidity
London bonds and discounts ease after Saturday Indian gold release. Paris stock demand rises with cheap money and new issues. foreign and Rio Tinto shares mixed amid Continental selling. Wall Street reopenings stir American securities. Paris rentes slip on income tax plan. Berlin Boerse shows weakness except firm government bonds.
MENTIONED IN THIS ARTICLE
London
Paris
Stock Exchange
Rio Tintos
Wall Street
New Amsterdam Bank Dividend Approved for Depositors
The 25 percent dividend ordered by Controller Murray for the New Amsterdam National Bank will be dismissed tomorrow. Deposit holders including many actors will receive warrants on the Sub-Treasury today.
MENTIONED IN THIS ARTICLE
Shawneetown
County of Gallatin
Illinois
American Exchange
National Bank of New York
Chas, Carroll, Jr
Philip Burris
New Amsterdam Bank
Murray
New Amsterdam National Bank
Readjustment Plan Advances for Mexican Railways Bonds
The document outlines a total authorized issue of 225 million in bonds for Mexican Central Railway, National Railroad Company of Mexico, and related entities. Prior Lien bonds rank ahead of general mortgage bonds, with a detailed plan for sinking funds and security interests. Subscriptions close by June 3, 1998, at 3 p.m., with rights to reject or reduce allocations.
MENTIONED IN THIS ARTICLE
Tional Railroad Company of Mexico
Mexican Central Railway Company, Limited
National Railroad Company of Mexico
Ferrocarriles Nacionales de Mexico
National Rail Mexico
Mexican International Railroad Company
National Railroads Company of Mexico
Central Trust Company of New York
National Railroad Company
Mexican International
Interoceanic
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Mr. Bryan
Dominy
Anxiou
Perations
the Peoples Surety Company
OF New York
Insurance Department of the
State of New York
William Street
New York
Brooklyn
Montague Street
Eeeee Ames N
Frank L. Sniffens
Daniel A. McCann
Paul Grout
Au Ee Tun
New York City
Willard V .William H. Nichols
Langley W. Wiggin
Park Terrell
Mgr. Bond Dept
John D. Barrett
Johnson & Eeenemuel
Anthony R. Kuser
Jersey Gas, Elec. & Trac. Co
John. R. McGinley
Pittsburgh
Charles F. Mathewson
Harmon & Mathewson
William H. Nichols
General Chemical Co
Augustus G. Paine
New York and Penn. Co
WM. BR
Franco-Swiss Chocolate CO
Willard & Company
Broad Street
Telephone
Hanover
Chamber of Deputies
Berlin
Lon
St. Paul
Erie
Union Pac
S. Steel Ae
Steel
Andrew 3. McCormack
Adrian H. Muller & Son
William ST
Exchange
Vesey Street
Metropolitan Surtry Co
Old Stock
Mary W. Wright
Baltimore & Ohio R.R. Co
So. West
Spin & N. Y. K
Toledo, Walhonding Valley
Mechanics’ National Bank
American Cotton Oil Co
United N. J. R. R. & Canal Co
American Locomotive Co
United States Rubber Co
Federal Mining & Smelting Co
General Electric Co
Pacific R. R
Eds
National Bank of Commerce
Mercantile Trust Co
Indianapolis & Louisville
Western Multiphone Co
International Banking Corp
Metropolitan Trust Co
Citizens’ Central Nat'l Bank
Citizens’ Cen i Nat
Times Square
Wall St
National Railways of Mexico
Germany
Reichsmarks
France
Amsterdam
Mexico City
United States of Mexico
United States of America
Switzerland
Pablo Macedo
National Railways of
Mexico
Ba York
Dorsed
Able
Messrs
J Henry Schroder & CO
Messrs. Speyer Brothers
Messrs. Hope & CO
Messrs. Teixeira DE Mattos Bros
SWISS
Bankverein
Union Financiere DE Genove
Messrs. Kidder, Peabody & Co
New York Stock Exchange
England
Holland
Board of Directors
Ladenburg, Thalmann &Co
Hallgarten & CO
Nassau Street
Speyer & CO
Pine Street
Kuhn, Loes &Co
William and Pine Streets
The
New York Trust
Beltrami County
Minnesota
Cumberland Corporation
Southern Pacific Company
Broadway
A. K. van Deventer
Broad St
North Butte Mining Company
Charles A. Duncan
Duluth
Minn
American Car& Foundry Company
American Car and Foundry Company
Washington Street
Jersey City
New Jersey
Electlus
Cransactne
W. M. Hager
Christopher and 10Th ST. RB. R. CO
East Fourteenth St
George W. Linch
Sec’y
United States Trust Company OF New York
Henry E. Ahern
Fire Department of
City of
City Nicholas 4
Tuic S
Te- Ord
Lomintsslaner
Borough of
Manhattan
Department of Public Charities
Twenty-sixth Street
Department of Put
N Farm Colony
Borough of Riehm
Robert W
P. M
York
Southern Pacific