Outside Securities Market Shows Dull Opening Trade
While opening activity in outside securities shows some appetite to trade, the day soon turned dull with little business across the general list. New Amsterdam Gas led activity, common stock trading over 1,000 shares and preferred about 1,500, with prices near 2 for common and 50 for preferred at close. Distilling of America weakened, common at 514 and preferred with a larger drop, amid uncertainty from the investigating committee and lingering questions about the company’s condition. Rubber goods and Standard Oil showed varying moves, with limited liquidity and mixed closes. bullion and mining notes also listed, but with minimal sales.
MENTIONED IN THIS ARTICLE
New Amsterdam
America
Thenvestigating Committee
Standard Oil
Bay State Gas
New York Stock Exchange Bond Transactions Summary
Complete bond transactions list with numerous 3s 4s and 5s issues from Louisville Nashville to Chicago lines. Includes prices around 89 to 106 percent, large blocks from central Pacific, Missouri lines, and various regional rails and utilities. Total reported sales about 1.56 million.
MENTIONED IN THIS ARTICLE
Buffalo
N. Y
Buffalo N. J
Central Union
Columbus Gas
Consolidated Gas of
Newark
Eace Se
O Consolidated Gas of
N. J
Consolidated Gas Bonds
N. Ne
Consumers’ Gas
Jersey City
Denver Gas
Wenver
Essex & Hudson Gas
Indianapolis Gas
Indianapolis Gas Bond O
Mutual Gas of
New York
Reece Ve Eothe
Madison
Wis
Mengland Gas & Coke
N . BE. R. Gas Co
Osileg & E R. Gas Co
SAO Co
N. Y. Suburban Gas
Northern Union
Scccerer
Eers
Louisv & Nashv
Lousv & N Gen
Louisville & Nashv
Y Gas & Elec L
H & Pwr
Cee Y Gas & Elec
Areternscvardits
Cent & H
Rio Lake
Ooee
Ont
West Broadway
7Th
Avrel
Wrens Loew
Kfolk
Western Brook Rap Tran
New River
Brook An Elevestorf & West
Wee HG Food Op Cavcsnes
Brook W & W H
És, Trust Co
North Pac Gen
Canada
Lee Atana
Mearns Ae
Rio
St L & Iron Mt
L & Ir
Chess & OO
San Fran
Southwadiv
Wetenares
St L Southwest
Bur & Quincy
Denver
Sas
South
Bur
Quincy
Illinois
Rs& P
Southn
Pacific
Col Midld
Cccnnesse
Col Mid
TOG Savas O
Col & South Lst
Ence Ee SF
Sey
Asin Osensui den
Rio G Con
East Tenn
Va & Ga
Ohio
Erie
Ist Trust Co
Lake E & Ww
Leroy & Cy Val
Wabash 2d
Lili Il
Pakies
Bay Lo & Mo River
Oc .Aees
Wiscon Cent
Minn & St L
Wheel Factory Destroyed in Richmond Fire
The Virginia and North Carolina Wheel Company plant and stock were totally destroyed by morning fire near Richmond. About 75 workers will lose jobs as the large concern, largely owned by New York investors, faced a loss of 175000 with 140000 insured. Firefighters saved the brick factory and nearby Ether Company works. a nearby dwelling was also destroyed.
MENTIONED IN THIS ARTICLE
Richmond
Virginia and North Carolina Wheel Company
New York
Ether Company
Chesapeake and Ohio
Lawrence Dwyer
Brown
North Carolina
Messrs. W. A. McMahon
John Crane
Speculator on Board of Trade Shoots Self
CHICAGO June 7 The elderly Chicago speculator Thomas D Cottrell shot himself in the head a wound likely to prove fatal His brother Edward once a leading trader on the board is in retreat near New York Officials attribute the act to despondency over finances and reverses.
MENTIONED IN THIS ARTICLE
Chicago
Thomas D. Cottrell
Board of Trade
Edward Cottrell
New York
Closing Quotations for Government Bonds and Stocks
The listing shows closing bid and asked quotations for government bonds and stocks with no transactions. Numerous issues across U.S. government securities and corporate stocks are given with bid and ask values, reflecting market activity gaps.
MENTIONED IN THIS ARTICLE
K. C
W. Iss
Cscce
Kan. & M
D. M
D. C
Ie. G. Pf
Adams Exp
Wake Shore
Alb. & Sus
Long Ee
Tie, & W.tEs Cs Mah
C. R
GC. R
Beaca
D. Tel
MD. C
M. Co
Cris Jonas
Sp. M
Ann Arbor
St. L
Ss. S 'M. Pf
Flo
Eee
Aaresmit
Wor
Cc. & St. Et Seccenaas
Cap
Nat. B. Pf
Coc & E. In
At. L
G. W
St.l
Wecceess Sikh N
Pac
Penn
Pere M. A
Ft. W. & Ae Ae Ra
Rens. & Sar
R. G
S&l
New Waldorf National Bank Authorized to Begin Business
The Controller of the Currency in Washington has authorized the Waldorf National Bank of the city to begin business with a capital stock of $200,000. The bank is to be located uptown in the shopping district. Incorporators include D. B. Sickels, vice president of the American Surety Company.
MENTIONED IN THIS ARTICLE
New
Waldorf National Bank
Washington
D. B. Sickels
American Surety Company
Rise in Price of Wheat Pushes Market Higher
A big advance and heavy trading in Spring wheat dominated yesterday's Produce Exchange activity. Outside interest grew with buyers from foreign houses and Wall Street. Limited supply kept the market strong, closing with a net gain of 14 1/2 cents per bushel.
MENTIONED IN THIS ARTICLE
Wall Street
Bonds Exchanged and Redeemed
Washington reports the Treasury has exchanged 291,474,150 in new 2 percent bonds, with 67,622,200 from individuals and institutions other than National Banks. Old two percent bonds redeemed to date total 1,015,600 under the Secretary of the Treasury's call.
MENTIONED IN THIS ARTICLE
Washington
The
Treasury
Secretary of the Treasury
News of the Railroads Rate War In Freight Shipments
Freight shipments along trunk lines via Lake Erie and Western and Peoria Chicago and St Louis are cut to Western destinations by five cent rate reductions on carload fruit. The Trunk Line Association faces a breach by lines with no access to the route. Villains Vanderbilt owned Lake Erie and Western under pressure for stricter control to halt rate undercutting and prevent a broader war.
MENTIONED IN THIS ARTICLE
Lake Erie
Western
Peoria
Chicago
St. Louis
Trunk Line Association
Northwestern Stockholders Approve Acquisition of Proprietary Roads
Chicago June 7 stockholders of the Chicago and Northwestern Railroad Company vote to acquire a group of proprietary lines including Boyer Valley Harlan and Kukukman Minnesota and Iowa Iowa Minnesota and Northwestern Winona and St Peter Dakota Central and Minnesota and South Dakota. Annual statement shows May 1 year net income 10 051 244 with a 1 504 309 surplus after real estate and construction items and dividends. Old board re-elected with Albert Keep as Chairman Marvin Hughitt and other officers also re-elected.
MENTIONED IN THIS ARTICLE
New York Times
Ann Arbor
San Francisco
Eaee Eee
Thurs
Lantic— Alta
Waseneey
Duluth
South Shore
Belcher
Best & Belcher
Georgia
Ala — Caledonia
Galegiciensd
Cal
Imperial
Crown Point
Gould & Curry
Aeneee Hale & Norcross
Julia ccc
Great Northern— Justice
Kentucky
Lady Washington
Louisville
Evansvil Occidental
Seeeses
A & ST. Org
Ophir Fee
Potosi
Sag Oicher
New York
St. Louis
Chicago
Eastern Illinois
Ten Union Com
Cserssseeeres
Utah
Colorado Springs
Gardner & Co
Chicago & Northwestern
Alamo
Battle Mountain
Columbine Victor
Dante Mitingeene Sone
Damon Eree Oi
Elkton Acceeeneee cd Oy
Real el Paso
Seseees
Findlay
Gibson Mde
Wrisaieie Ae
Mouth & Virginia
Independence
Ste Keystone
Pril
Lexington
Detroit & Mackinac
Mount Rosa
Eeecees
Mary Cashen
Ophir
Metropolitan Street Railway of
New
York
Portland
Inc
Zenobia Eeee Eeee
Elkton
Raven
Tornado
Dominion Coal Company (Limited
Chicago and Northwestern Railroad Company
Boyer Valley
Harlan and Kukukman
Minnesota
Iowa
Northwestern
Winona and
St. Peter
Dakota Central
South Dakota
Albert Keep
Marvin Hughitt
Joint Passenger Committee Fails to Reach Conclusions
After a seven hour meeting the Joint Passenger Committee adjourned without results. Most topics were postponed or referred to road Presidents. Critics say the body is a flat failure as it stalls on key issues such as excess fares on fast trains, risking a passenger rate war.
MENTIONED IN THIS ARTICLE
Joint Passenger Committee
Yoakum Elected President of St. Louis and San Francisco
At a board meeting yesterday in this city B F Yoakum former Vice President and General Manager was elected President succeeding Daniel B Robinson who resigned due to ill health Alexander Douglas was chosen Vice President and General Auditor and C H Beggs was elected Vice President and Assistant General Manager Yoakum will continue to serve as General Manager
MENTIONED IN THIS ARTICLE
St. Louis
San Francisco
B. F. Yoakum
That Road
Daniel B. Robinson
Alexander Douglas
C. H. Beggs
Yoakum
May Acquire Central Massachusetts
Negotiations are under way for Boston and Maine to acquire Central Massachusetts. Central Massachusetts is operated by Boston and Maine under an unsatisfactory lease. An offer has been made to exchange stock valued at 25 dollars per Central Massachusetts share for Boston and Maine stock.
MENTIONED IN THIS ARTICLE
Central
Massachusetts
Central Massachusetts
Boston
Maine
Boston and Maine
Japanese See Trolley Lines on World Tour
Three Japanese railroad officials visited the Brooklyn Rapid Transit Company from the Kent Avenue power house to Coney Island as part of an around the world inspection. A Sasaki of Nankai Railway Osaki K Nishino of Sanyo Railway and Porajiro Ikeda a Kioto stockholder plan to study U S lines and return home via San Francisco in a month. They already toured Italy Germany France and England and will visit more major lines in the United States.
MENTIONED IN THIS ARTICLE
Brooklyn Rapid Transit Company
Kent Avenue
Coney Island
Sasaki
Nankai Railway Company
Osaki
K. Nishino
Sanyo Railway Company
Porajiro Ikeda
Kioto
Italy
Germany
France
England
United States
San Francisco
Brooklyn
Philadelphia
Japan
China
Dewey Arch Deficit Hits New York Celebration
The Executive Committee that oversaw Admiral Dewey’s reception faces a deficit of 2400 dollars as expenses exceeded the city’s 200000 dollar appropriation. About 150 committee members are asked to cover the shortfall after an estimated 25000 to 26500 dollar arch cost ballooned by nearly 6000 dollars beyond initial plans.
MENTIONED IN THIS ARTICLE
New York
Admiral Dewey
Dewey Arch
Executive Committee
New Stock Exchange Member Elected in New York
Alvin E. Masten of Pittsburg was elected a member of the New York Stock Exchange yesterday.
MENTIONED IN THIS ARTICLE
New Stock Exchange
Alvin E. Masten
Pittsburg
New York Stock Exchange
Waged War on Bucket Shops and Exchange Finances
Charles G. Wilson, president of the Consolidated Stock and Petroleum Exchange, defends his tenure against charges of weak leadership and bucket shop ties. He highlights efforts since 1833 to cancel memberships to reduce gratuity risk, cites substantial cancellations and a strong cash gratuity surplus, and calls for continued policy plus a conservative ticket in the upcoming election.
MENTIONED IN THIS ARTICLE
Charles G. Wilson
Consolidated Stock and Petroleum Exchange
Moses Hirshfield
Consolidated
Hirshfield
Wilson
Exchange
Mortimer H. Wager
Mr. Wilson
Thomas L. Watson
John Stanton
New York Mining Stock Exchange
Gen Watson Declines Renomination for First Vice President
Gen Watson issued a letter saying he declined renomination on the regular ticket after learning that Charles G. Wilson had not been nominated for President and that Treasurer nomination had been offered to another candidate. He called insinuations against the President baseless without facts and praised Charles G. Wilson for acting fearlessly and independently for the Exchange. The election is next Monday.
MENTIONED IN THIS ARTICLE
Watson
Charles G. Wilson
John Stanton
Wilson
Snow Removal Bills Spark Possible Official Scrutiny
The Uvalde Asphalt Company seeks $93,000 for snow and ice removal bills held up after March storm payments. Controller Coler’s inspectors searched two months for double payments, finding overpayments in the thousands and threatening a scandal involving Street Cleaning Department officials. Coler and Commissioner Nagle’s offices decline comment.
MENTIONED IN THIS ARTICLE
Uvalde Asphalt Company
Coler
Nagle
Ramapo Cases Dismissed In Water Contract Dispute
Justice Freedman in the New York Supreme Court dismissed injunction actions by Charles E. Keator and The Press Publishing Co against Ramapo Water Co Water Commissioner Dalton and the Board of Public Improvements to block a city water contract ratified a year ago. The suits failed on lack of a valid cause of action and legal change by the Legislature. Commissioner Dalton and City officials commented on the need for better water supply and the ongoing Ramapo jurisdiction.
MENTIONED IN THIS ARTICLE
Charles E. Keator
Ramapo Water Company
Dalton
Board of Public Improvements
Justice Freedman
Supreme Court
Press Publishing Company
Limburger
Gildersleeve
O’neill
Coler
Incorporators Offer Free Tax and Incorporation Info
THD Lawyers' Incorporation Cec. provides free information on taxes and incorporation costs. Includes a synopsis of laws in New Jersey West Virginia and Delaware with contact details at 149 Broadway and Cortlandt Street.
MENTIONED IN THIS ARTICLE
New Jersey
West Virginia
Delaware
Also Mentioned on This Page
Outside Securities
Active Securities
Stock Exchange
London
Consolidated Exchange
Comstock
California
Virginia
Cripple Creek Consolidated
Golden Age
Kingston & Pembroke
Ee Ee Bay State Gas
Brooklyn Gas &Electric
Amsterdam
American Agricultural Chemical
Uly
Sete Eee
Sie Consel
el. Lighting & Equip
Distilling Company of America
Eewe
Ceeweeeeeeecs
Havana
Stent
National Enameling & Stamp
National Enameling
Otis Elevator
Royal Baking Powder
Essees
Oasis Oso
Ory Sloss
Sheffield
Sloss
Standard Oil of
New Jers
U. S
Amalgamated Copper
Arizona Seaf Reeree
Wees Wee Ty Asphalt Company of America
British Columbia Copper
Wee Eene
California Copper
Peaeeweee
Central Fireworks Eeetere Aenee Se
Central Fireworks of
Chicago & Alton
Flemington Coal & Coke
Gold Hill Copper
Great Lakes
Illinois Transportation
Tate
Henderson & St . Louis
Henderson & St L
Louis
Henderson & St. L
New England Transportat
New York Transportation
Bessemer
Pittsburg Coal
St. Louis Transit
Seaboard Air Line
Superior
Boston Copper
Tennessee Copper Oo
Tel., Tel. & Cable of A. 2d
Ie Ee A Trust Company of America
Tnion Copper Settee Enews
United Reailways of
St. Loui
United Railways of
Broadway
Seventh Avenue
Broadway Surface
Miet Ie Pees
Brooklyn City
Brooklyn, Bath
West End
Central Park
Nu & E
River
Columbus Railway
Sepee
Pocatapas
N. Scere
Esse Ras E
E & St. Nicholas
Man
St. Nicholas
St. Hoboken & Paterson
Kings County
Nassau Electric
New Orleans Traction
Ninth Avenue Railroad
North Jersey Street Railway
Orange & Passaic Valley Bonds
Railroad Consuls
Second Avenue Ailroad Es
Sixth Avenue Rep
Steinway Railway Co
Weenie
Syracuse Rapid Transit
Syracuse Rapid Transit Pf
Ender
Bsth & 29Th Street
Inion Railway
Union Railway
Eae
United Traction
Providence
United ‘Traction
Worcester
Mass
Annel
North Hudson L
Joseph
St. Joseph
Ecco
St. Paul
Gina
Paul Gas
Standard Gas
Syracuse Gas
Western Gas
Brooklyn Ferry
Esenerere
Ee Ewerasee
Hoboken Ferry
Hioboken
Metropolitan Ferry
Union Werry
Stacuikiaten Eden OD
Vl Barney & Smith
Ceeeeseesees
Harney & Smith
General Electric Automobile
Cramps’ Shipyard
Lorillard
Trenton Potteries
Union Typewriter
Worthington Pump
Amr Ace Een
American Bank
Central & South American
Iron Steamboat Rr
Kings County el
Lights& Re Co
Southern Light & Traction
Seepesee
de Mesa
Bo Bey
Steel
S. F
Federal Steel
Fed Steel Pt
Louis & Nas Shs
Manhattan
Mo. Pacific Se
Wabash Presse
Er Yan
Une
Ueu
Central Pac
St. Lt. Wi
General Fund
National Bank
Steeses
Saeeeeneerereeves
CIA OY
Car & Found. Co
American Ice Co
American Linseed Co
Linseed Co
Am Smelt. & Ref. Co. Goy
Baltimore & Ohio
Baltimore & Ohio Pf
Brooklyn Rapid Tran
Brunswick City
Canada Southern
Canadian Pacific
Chesapeake & Ohio
Yoto Chi
Bur. & Quincy
Chicago Great West
Gr.West
Gr. West
Chi
Mil
Ener
Colorado Fuel & Iron
Colorado Southern
Col. Southern 1St
Colouthern
Consolidated Gas
Con. Tobacco Co
Saat
Del
Lack. & West
Dal
Evans
H. Pt
Eeeee
General Electric
Great Northern Pf
Illinois Central Corecell
International Power
International Silver
Iowa Centrale
Weeee Laclede Gas
Lake Erie & West
Manhattan Elevated
Minn
S. P
Ae Mo
Kan
Tex. Pf
Meee Ee National Biscuit Co
Missouri Pacific
Weer National Lead Co
National Steel
National Steel Weerest
National Tube & Onee
National Tube Co
New Jersey Central
New York Air Brake
New York Central
Pitts
Ft. W
Republic Iron
Eeere Rep. Iron & Steel Pf
St. J
Union B. & P. Co. Pf
Union Pacific Ceee Eee
Union Pacific Pf
Enene
United States Ubber
Western Union
Tel
Wheeling & Lake Erie
Fe Wheel
L. E
Wisconsin Central
A & Susq
Top
San Fé
Esse
Aus & Norwa
Anwar
Balt & Ohio
Speculator
Ite & T. H
Hwa
G. Glue
H. B. Claflin
Hock. Val
Fatisia EO
Hock. V
Ani
Iowa C
Joliet & Chi
Tol. & Pf
W. T
Vou
Sk Pf
Ene
S. FL. M. Yew
South Shore & Red
Grand Trunk
Evansville
Alabama
Caesee
News OF the Railroads
Trunk
Northwestern Meeting
President Wilson
Mr. Hirshfield
Ramapo
Cortlandt