Market drift amid Amalgamated Copper strength
The market closed with modest gains as Amalgamated Copper rose about 1 percent and helped a general tone of strength that faded from intraday highs. Trading volume was larger, with renewed confidence from traders and a return of capital from non-specialist investors, though political undercurrents and state bond activity tempered optimism.
MENTIONED IN THIS ARTICLE
Amalgamated Copper
Amalgamated
Stock Exchange
Republican National Committee
Chicago
Mr. Taft
Mr. Roosevelt
Financial District
Roosevelt
Republican Party
Taft
New York City
All Street
Money and exchange rates in the market
Money on call loaned on stock exchange collateral at 2 3 and 8 percent. Time money rates ranged from 8 percent for sixty days to 9 and 4 3 percent for longer terms. New York Clearing House reports large exchange balances and a Treasury credit balance. foreign rates show London Berlin Paris, and other centers with varying discounts and checks. Domestic exchange rates list city premiums and par values.
MENTIONED IN THIS ARTICLE
Stock Exchange
New York Clearing House
ub-Treasury
Treasury
Friay
London
Paris
Berlin
P'Holland
Borae Oe Aia
Bankers
London—Commercial
Boston
Chicago
St. Louis
St. Paul
San Francisco
Montreal
Market quotes steady for silver and Mexican dollars
Silver held at 28d per ounce in London and 60%%c in New York. Mexican dollars were priced at 47c.
MENTIONED IN THIS ARTICLE
London
New York
Wall Street notes on trusts and management patterns
The piece reports that former American Tobacco subsidiaries and Standard Oil successors mimic identical dividend rates and stockholder notices after dissolution. It also covers Wheeling & Lake Erie board infighting, stock market setback in Omaha, and Missouri Pacific’s new president B F Bush facing severe weather and flood losses.
MENTIONED IN THIS ARTICLE
Standard Oil and
American Tobacco
American Tobacco Company
Standard Oil Companies
Standard ‘Oil Company
Railroad and industrial stock averages rise anew
The twenty five railroad stocks and twenty five industrials both closed higher after hitting year high intraday. The two groups gained seven tenths of a point for the day, with mixed action in outside securities led by Standard Oil of New York and United Cigar Stores.
Treasury statement shows daily receipts and year totals
The Treasury release lists yesterday’s and month and fiscal year totals. Receipts total 2,827,380 for the month and 10,617,015,091 for the fiscal year with expenditures at 2,583,853,800 and a surplus of 243,453,000. Deficits and balances are noted with Panama Canal and public debt transactions mentioned. In Boston, Grand Trunk extension bill moves from House to Senate.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Treasury
Panama “Canal
Banks
Philippine Treasury
Grand Trunk
Boston
New England
Senate
Financial notices and corporate actions across major firms
A stream of finance items notes White & Co ads on roads and utilities, Lake Superior Corp redeems 5 million in 6 percent notes, Pennsylvania Railroad sells 6 million in equipment certificates, serial maturities up to ten years. Canada South plans 40 million consolidated mortgage, Michigan Central guarantees under new issue. Stoddard and Brooks named assistants at National Bank of Commerce. Jackson Light and Traction over subscribed at 700 thousand, Associated Gas and Electric offers 6 percent cumulative preferred stock, earnings cover 2.5 times the dividend. Hanson R. Duval elected Stock Exchange member. joins new firm Duval Carroll & Co.
MENTIONED IN THIS ARTICLE
Rall- White & Co
Lake Superior Corporation
Pennsylvania Railroad
Kuhn, Loeb & Co
Jackson Light and Traction Company
Jackson
Miss
Daniel B. Ely & Co
Broadway
Associated Gas and Electric Company
Hanson R. Duval
The
Stock Exchange
Duval, Carroll & Co
Standard Oil of New York May Increase Capital to 60 Million
Rumors among oil stock specialists suggest the Standard Oil Company of New York may raise its capital from 15 million to 50 or 60 million. The firm held about 92 million in assets at year start, with cash and debt receivable substantial and 5.92 million in stocks and bonds. Market trades on the curb surpassed 500 shares with prices moving from 410 to 436, closing at 420 after a recent low of 392.
MENTIONED IN THIS ARTICLE
Standard Oil
New York
United Cigar
Braden
Columbie
Greene- Cananea
Giroux
New New York States
Standard Oil Company of
Risin Ae Sah
Railway in Lynching Suit Heads to Supreme Court
Mrs Annie May Rogers and her three children sue the Vicksburg Shreveport Pacific Railway for damages, alleging it carried a mob by special train from Monroe Louisiana to Tallulah Louisiana where the man was lynched. The case questions whether the railroad can be liable for aiding the mob under law.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court of the United States
Annie May Rogers
Vicksburg, Shreveport & Pacific ' Road Company
Monroe
Tallulah
Rogers
Pier
Bourses of Europe
Global market report from London Paris and Berlin notes mixed activity. Discounter hesitancy tempers bills while copper shares stay strong, Argentine railway stocks rise, and New Zealand notes influence Consols. Paris and Berlin see firm and weaker sessions respectively.
Hyde Seeks Immediate Trial in Habeas Corpus Case
Ex Judge Henry B. Unger acting for Max D. Steuer told District Attorney Whitman that Steuer would drop the habeas corpus writ if Hyde’s client received an immediate trial. Whitman refused but agreed to delay the writ argument for one week before Justice Blanchard. no justice is sitting in the Criminal Branch now. Justice McCall to open June term next week for routine work. Justice Davis declined to sit in the ae Branch this month.
MENTIONED IN THIS ARTICLE
Henry B. Unger
Max D. Steuer
Charles H. Hyde
Whitman
Steuer
Hyde
Justice Blanchard
Supreme Court
Age
Criminal
McCall
Justice Davis
Canadian press association seeks duty removal on type setting machines
Ottawa June 6 An appeal to the Government for removing or reducing the 20 per cent duty on type setting machines followed the Canadian Press Association annual convention. A majority favored applying to Government for duty removal while some argued for maintenance or increase to foster a Canadian type industry. Premier Borden and the Finance Minister heard the request, promised early consideration. Don C Seitz of The New York World spoke on relations between New York publishers and the I T U. The association dinner at Chateau Laurier was attended by Premier Borden and other Ministers.
MENTIONED IN THIS ARTICLE
New York Times
Ottawa
Ontario
Canadian Press Association
Canada
Owever
Borden
Finance
Don C. Seitz
The
New York World
Association
New York
Pre.argely
Chateau Laurier
Parcels Post Convention Signed with Panama
Final negotiations completed by Postmaster General Hitchcock establish a Parcels Post Convention between the United States and Panama. The rate is 12 cents a pound up to eleven pounds, with terms similar to other nations. The United States already has conventions with 44 countries and seeks extensions with Portugal France Guiana Martinique and Guadeloupe.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Hitchcock
United States
Republic of Panama
Panama
Portugal
France
Guiana
Martinique
Guadaloupe
Intricate Advert Sale Notice Lists Multiple Stocks
An unusual classified fragment lists assorted stocks and entities including American Telegraph of New Jersey, U S Motor, International Motors, and Mississippi Power. It appears as a commerce oriented ad seeking sale or listing opportunities with several firm names and stock references.
MENTIONED IN THIS ARTICLE
Ek & Wilcox American Intrict Telegraph
Motor Common International Motors
City BR. R. Stock
Mississi Power Common Retsoi Ng
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Conservatism
Spencer Trask & Co
Exchange Place
Albany
New York Stock Exchange
S Coggeshall
F. J. Lisman & Co
N. Y
Stock Exchanges
Broad St
Philadelphia
Hartford
Alfred Mestre & Co
Wall Street
Miller & Company
New York Brock 3 Exchange
New ‘York
John Munroe & CO
Pine St
Commercial Letters OF Credit Foreign Exchange and
Boston Stock Exchange
American Cities Co
Niagara Falls
Kansas City
N. Orl
Lt. Co
J. S. Bache & Co
Rhorides & Company
Wall St
I’cige
I’che Waace
I’che
Che
Wheeling’s
Wheeling & Lake Erie
Omaha
Chicago, St. Paul
Minneapolis & Omaha
Chicago & Northwestern
B. F. Bush
Missouri Pacific
Denver & Rio Grande
Western
Maryland
Bush
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Metal Market Reports
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Igh Low
Ask Poieeseeesees
Seeeeser
Metal Exchange
Cleveland
Allied Sec. Water W. ‘Co
Baeesi T. Oy
Goodrich New
Ee Oil
L. W. Jemes
B. Co
Manhattan T
Cai
Mays Oil
Porto R.A
Or. J. Reynolds
Florence Wenee
Ane
Greene-Cananes
Kerr
Lake
Keystone
la Rose
Aif
Mason Valley
Nevada Hills
U. M&s
Nipissing M Co
Ohio Copper
Silver K. Cons
Wett. Sil
Yukon G. Mines
Agg
Braden C
Miami-Cop
N.o
tEx-div
Coal Products
Gulf & W. I Atl
Gulf & W. I
Baldwin Locomotive
Bay State
Borden's
Consol
Rubber Tire
Havana Tobacco
Houston Oil
Inter. Rubber Truste Ts
International Salt
J. S. Case
Kayser
Kolb Bakery Pft
MacAndrews & Forbes
Standard Oil of
N. J
Studebaker Co
Diamond Black
Butte
First National
Gold Hill
Greenwater
Guggenheim Exp
Inter. Smelting & Ref
Mines of America
McKinley-Darrag Oe Pacific Smelters Eens Ness
Preston East Dome
South Utah
Stewart Ee Ee
Union Mines
Reese
United Copper
United Copper Pl
West End
Braden Copper
Mason Valle
Yue
Bell Tel. & Tel
Sth
Western Pacific
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Commission
Treg
Union Pacific
Am Copper
American Can
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Anaconda
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Car & Fay
Brooke Tie
Ches, & Qhio
China Copper
Col. Fuel & I
Inter
Pacific
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Pacific Mail
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South
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Steel
Wabash Pf
West
Union
Atlanta
Comstock
el Paso
Goldfield Con
Hale & Nor
Montana
Ophir
Red Hill
Toropah
I Alta Weccseesees
San Vee
Sesadecone
Ks Alpha
Justice Édecone
Andes
Kentucky
Belcher
Best & Belcher
Caledonia
Overman
Potosi
Chollar Seeeneeenee
Sag Belcher
Cal
Sierra Nev
Imperial
Crown Point
Uteah
Gould & Curry
Panes
Hale & Norcross
Great_Bend
Midway Montana
North Star
Florence
Tonopah
Lone Star
Red Hills
Eree
McKinney
de el Paso
Portland
Findley
Treasury Statement
Standard Oil Stocks
Atlantic Refining
Borne-Scrymser
Sense
Buckeye Pipe
Chesebrough Mfg
Colonial Oil
Continental Oil
Crescent
Cumberland
Eureka
Sneet
Galena Signal
Indiana
National Transit
New York Transit
Northern Pipe Line
Ohio Oil
Prairie Oil & Gas
Solar
Southern Pipe Line
South Penn
S.W. Penn
Ind
Kan
Ken
Neb
Standard Oi
Ohio
Oseeee Se
Swan & Finc Pea
Swan & Finch
Union Tank -Line
Washington Oil
Waters-Pierce
al Aeeeer Ee Ees
Cen
Vieléy Amal
Balt
Ches
Alton Money
Chi
Erie Soopeess
Erie
Gen. Motors
Hudson Oe
N. Ae
As. Int
Harv. Co. O
Minn
St. L
M. C
N. Rus
Pac. x & T
the Stock Exchange
Ates Ont
Conley
Johnson Tinfell & Me Iiss
J. S. Young PT
Porto Rico-American
R. J. Reynolds
Savon
United Cigar Stores
Financial Notes
Standard of
Railway
Bourses OF Europe
Marcon
Times
India Council
New Zealand
Lon- N. Y
Don
Claus
Atchison
Canadian Pacific
Llinois Central
Louis & Nash
N. Y. Central
E* U
Steel Pfd
Exchange
Bank OF England
Bank OF France
Saxony
Hamburg
Cologne
Munich
Frankfurt Bis
Vienna
Borden’s
American Cigar Com Union
Ewriter
U. Ge
Tosassuu
Biograph Co
S. H. P. Pell & CO
Tel
Hanover
Wall St. N
Tobey & Kirk
Wesen Street
York
J. K. Rice, Jr. & Co
Atlantic Fruit
American Cigar
American Chicle
Childs (Restaurant) Co
General Baking
Union Typewriter
J.K. Rice, Jr. & Co
City Investing
Georgia Ry. & Power
Geo. W. Helme
International Silver
J.K. Rice, Jr.& Co
United Light & Railways Co
Tennessee Power Co
Swartwout & Appenzellar
New York Stock Exchange Telephone
John
Gilbert Eliott & Co
Udiion
Warville
Royal Baking Powder Securities
Fonda
Johnstown
Gloversville
Central Foundry
Com
Pfd
Eastman, Dillon & Co
New York Stock Bachonge
Puget Sound Trac
Ghandler Bros.& CO
Private Ae
Broadway, N. Y
Rector
New Rochelle
R. M. Grant & CO
York Bankers
Nassau St
W. Monroe St
Butte Elect. & Power
Great Northern Paper
Lord & Taylorist
Northern States Power
Pacific Gas & Elect
Pinelawn
Frederic H. Hatch & CO
Congress
Nmiccurroy Henderson & CO Bankers
Nassau Street
New York Stock Exchange Investment Securities
W. N. Coler & Co., Neers
Cedar Street
Megargel & Co
Pine Street
So.Cal. Edison
Se & Pepo Ailandi
New York, N