Wall Street Bullish Tone Lifts Markets Amid Skeptic Voices
Traders note a continuing cheerful outlook in stocks with an undertone of strength despite crop woes and tightened credit. Analysts blame forced rallies on overbought conditions while others warn of ongoing corporate borrowing, rail and trust battles, and potential fund outflows. A big brokerage house plans to retire June 1, with two partners possibly returning later if a bull market resumes.
MENTIONED IN THIS ARTICLE
Wall Street
Norway
Outside Securiites United Copper Jump To 69 2 On Active Trading
Prices held in the curb market with little higher trading. United Copper led gains, rising about 8 points from 61 to 69 2, while Greene-Cananea climbed to 15. Greene-Cananea and United Copper showed notable activity with 2,000 and 11,000 shares traded respectively. Davis-Daly Estate moved slowly at 300 shares. Industrial list stayed flat.
MENTIONED IN THIS ARTICLE
United Copper
Davis- Daly Estate
Greene-Cananea
Barnes-King
Boston
British Col. Copper
Butte Coalition
Osusees
Central Foundry
Central Foundry Pr
Cen
Chicago Subway
Colonial
Gemberland- Ely - Min
Colusa-Leonard
Wee Davis-Daly Eeeheare
Douglas Copper
Tonopah
Sane Union Mines
Waterbury Co
Ee Western I
Currency Movement Shows Large Bank Cash Losses This Week
The report estimates a weekly cash decline of 4.47 to 4.53 million in bank holdings due to gold exports and Sub Treasury movements. Interior receipts were down from some regions while West and South sent more, with transfers to Washington and redemption of National bank notes.
MENTIONED IN THIS ARTICLE
ub-Treasury
Notpally
Bub-Treasury
Prineigm
Interior
San Francisco
Washington
Sub-Treasury
7 American incorporators named in Hayward Price McCullough list
The article lists seven American incorporators including Hayward Price McCullough Wilbour Kyle William J and Robert Cinekt James Holt Dye Works.
British trade booms in May trade statement
The Board of Trade May statement shows imports up 6,008,500 and exports up 25,988,000. Major import rise is 5,000,000 in cotton from the United States. Exports rise in manufactured articles with metals 7,500,000, textiles 5,000,000, and ships 5,000,000.
MENTIONED IN THIS ARTICLE
London
Board of Trade
United States
American mining stocks listed in London prices
Prices for American mining stocks received from London yesterday show Camp Bird at 103 shillings and sixpence, Enzeacker at 38 shillings, Tombey at 41 shillings and ninepence, Dolores at 1 pound eleven shillings, El Oroom at 6 pounds, and Stratton's Independent at 37 shillings.
MENTIONED IN THIS ARTICLE
London
Gold exports reach record daily total to Paris
Engagements of gold for export to Paris totaled 3.9 million yesterday, the heaviest single day's movement this period. Goldman Sachs & Co took 1.5 million, Lazard Freres 1 million, Heidelbach Ickelheimer 0.5 million, and Kissell Kinnicutt 0.9 million. All will sail today, with bankers predicting further shipments next week. Foreign exchange rose in tandem, with Dam and sterling reaching 4.8710 before easing slightly.
MENTIONED IN THIS ARTICLE
Paris
Goldman, Sachs & Co
Lazard Fréres
Heidelbach, Ickelheimer & Co
Kissell, Kinnicutt & Co
Market movers focus on Philadelphia Rapid Transit and gas stocks
In Philadelphia on June 7 interest centered on Philadelphia Rapid Transit and United Gas Improvement. Rises were seen in gas shares with gains over a point, while Tonopah Mining touched higher levels amid dividend talk and Warwick Steel drew similar rumor-driven strength. Total sales showed active trading.
MENTIONED IN THIS ARTICLE
New York Times
Philadelphia
Philadelphia Rapid Transit
United Gas Improvement
Warwick Steel
More Standard Oil Men in New Haven Board
Officially announced in New Haven that Henry K. McHarg Frederick F Brewster A Heaton Robertson Lewis Cass Ledyard Charles M Pratt and Richard Olney were elected directors of the New York New Haven Hartford Railroad Company. The new appointments signal possible merger steps with Boston & Maine and maintain Connecticut resident representation on the board.
MENTIONED IN THIS ARTICLE
New Haven, Conn
New York, New Haven & Hartford Railroad Company
Henry K. McHarg
Stamford
Frederick F. Brewster
New Haven
A. Heaton Robertson
Lewis Cass Ledyard
New York
Charles M. Pratt
Richard Olney
Boston
Henrye K. McHarg
Sothern
Todd
Frederick F Brewster
Blanchard Oil Company
Yale
Connecticut
Boston & Maine
American Express’ Company
Standard Oil Company
Hadley
Yale University
Gov. Morris
Cleveland
Thisstate
William Rockefeller
H. H. Rogers
New Haven Gives Central an Ontario & Western Option
The New York, New Haven & Hartford Railroad has granted the New York Central an option to buy all Ontario & Western stock worth 29.16 million dollars. The option, linked to the Boston & Maine deal, positions Central to restore prior balance, with terms kept confidential.
MENTIONED IN THIS ARTICLE
New York, New Haven & Hartford Railroad
Boston & Maine Railroad
New York, Ontario & Western
New York Central
New Haven
Ontario & Western
New Haven Road
Mellen
Boston & Maine
the Central
Denl
Ce & Maine
Theew
York Central
New England
Boston & Rideny
Newark Central
Central
New York Cent
New York, New Haven & Hartford
Oftario & Erry
The
Boston & Albany
Copper prices diverge between New York and London markets
Copper values fell cent in New York bids while London pushed higher on the day. Other metals showed mixed results with lead steady at 20 and spelter at 24 108, while iron warrants traded around 508 for standard foundry and 3d for others. Futures closed lower at £181 5s with spot deliveries noted as the New York Metal Exchange and London markets posted contrasting moves.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
London
Standard Foundry
Gés
July Cotton Futures Jump on New Exchange Rally
July cotton on the New York Cotton Exchange rose to 12.01 cents before closing at 11.95 amid a 0.50 rise and fresh bear covering. Traders cited bull support and exporter buying rumors while late reports of a potential Liverpool shipment and a possible old crop corner circulated. In New Orleans futures, July touched 14 cents on a report an English syndicate would buy 100,000 bales.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
Liverpool
New Orleans
The Cotton Market Forecast and Prices Steady Rise
The Federal Weather Bureau predicts fair to showers across cotton states for Saturday and Sunday with cooler conditions in the north, while the market closes with a net advance and July futures leading gains. Port receipts total 9,666,904 bales and Southern mill takings reach 2,065,000 bales as spot markets show firmness across Galveston Norfolk Augusta St Louis Memphis and Houston.
MENTIONED IN THIS ARTICLE
Washington
Federal Weather Bureau
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Suna
Oklahoma
Indian Territory
Arkansas
Tennessee
King
Canada
Thurs
Ewe Eew
Eweceses
Ceesee
Gulf
Galveston
Norfolk
Augusta
St. Louis
Memphis
Houston
Wheat market roiled by Kansas condition report speculation
A bullish Kansas State report sparked a volatile wheat market rally and swift reversal as private wires sent prices up and then down. Exporters moved 15 loads while No 2 feed and No 1 Northern quotes traded on both elevator and afloat bases. Corn showed little reaction with export sales noted and mixed prices across No 2 classifications.
MENTIONED IN THIS ARTICLE
Kansas
New York
Duluth
Westinghouse Stock Sale Narrows to 33000 Subscriptions
Westinghouse Electric and Manufacturing reports only 33000 of its $5,000,000 fifty dollar par shares subscribed amid a planned sale of unsubscribed stock at 75 per share. Officials say the company needs about 2.475 million from the 83000 shares already disposed and will rely on cash sales without banker aid.
MENTIONED IN THIS ARTICLE
Westinghouse Electric and Manufacturing Company
Westinghouse
Trade sentiment shows mixed signals amid lagging retail trade
Reports from Bradstreet and Dun's Review indicate ongoing dissatisfaction in distributing centers due to slow retail trade and weak re order activity, even as crop prospects improve. Weather boosts a few regions while heavy losses in imports and exports weigh on overall commerce.
MENTIONED IN THIS ARTICLE
Bradstreet’s
Dun
New York Incorporations Telegraphed From Albany
A batch of new incorporations announced include Casterline Manufacturing Company New York with 1000 capital directors E D Casterline W W Adams and T B Graha Nutmeg Land Improvement Company New York 250000 capital directors G L Allen James Longworth Rudolph Affel Armbruster Construction Company 10000 capital directors J Mesi Loula Rossi and others Snowflake Manufacturing Company New York 100000 capital directors J H Cleary D M Whelan and W J Cosgrave Parker Thompson Veeder Lumber Company New York 100000 capital directors A Parker R P Thompson J B Veeder White Star Transfer Company New York 5000 capital directors Frederick Rensselaer J F Steele W M Reiter Leonard Skirt Company New York 1000 capital directors S M Cohen Bessie Cohen Bernard Goldstein Standard Arch Company New York 5000 capital directors Edward Eisenacher H B McLellan and others Arbor Boat Sam George Warren County 50000 capital directors J W Walters Hiram Hyde G O Ferris Seminoleity Company Brooklyn 500 capital directors B W Rutherford J H Weinberg Fannie C Rutherford Point Edward Healty Company New York 5000 capital directors Christopher McRae C Q McRae James Anderson Marie Realty Corporation New York 10000 capital directors J B Marie A D Porter and A Smith Galbreth Florance Hats New York 10000 capital directors A C H Galbreth RM Holzman A J Ettlis
MENTIONED IN THIS ARTICLE
Casterline Manufacturing Company
New York
Capital
J. B. Veeder
Valhalla
White Star Transfer Company
Frederick Rensselaer
J. F. Steele
W. M. Reiter
Leonard Skirt Company
S. M. Cohen
Bessie Cohen
Bernard Goldstein
Standard Arch Company
East Thirtyfirst Street
New
B. W. Rutherford
J. H. Weinberg
Fannie C. Rutherford
Brooklyn
Point Edward Healty Company
East 180Th Street
Christopher McRae
C. Q. McRae
James Anderson
Marie Realty Corporation
J. B. Marie
A. D. Porter
A. Smith
Government procurement notices for 1907 furniture and boathouse
Multiple sealed bids and proposals announced from U S Army offices in New York City Fort Wadsworth Springfield Armory and West Point for subsistence stores boiler blowers boathouse construction gating guns and slow sand filters with bid deadlines in June and July 1907. The New York Times seeks reader tips to block fraudulent ads with confidentiality.
MENTIONED IN THIS ARTICLE
New York Times
Chicago
Union Traction
Bubway
Geare-Roebuck
Yastier
I. Ammerican
U. 8
ARMY
Whitehall Street
New York
N. Y
War Department
Washington, D.C
PD. Brainard
Fort Wadsworth
U. S
AEUT
Edmund T. Weisel
Q. M
Springfield Armory
Mass
Frank H. Phipps
West Point
U. S. Military Academy
Also Mentioned on This Page
Es Ee A
Outside Securities
United
General Mar
Tollows
Saltan
Tae
Ees
Am. T.& T.rts
Manhat
Tran. Oy
N. ¥ & Seong” Mail
Otssis
Wat. Co
West. Ice Co
Alaska Mines
Barnes K. de
Bingham Cent
Boston Copper
Brit. Col
Butte
Butte & N
Colusa L
Cum
Ely Min
Davis-Daly Es. Ny
Dominion Cop
Douglas Co
Ely Central
Foster Cobalt
Fur Creek C
Giroux
Old Hill
Greene-Can
Greene Gold
Greene G
Green-Meehan
McKinley-Dar
Micmac G
Mitchell Min
Monte
C. R
Nev
U. A
Einer
Stewart
Tonopah Ext
Ton. M. of N
WEY Uscs
Union Mines
Union
Incorporated
New Jersey
Berlin
Stock Exchange
Union Pacific
Bank of England
Malta
Madrid
Lisbon
Parias
Ussian Imperials
Reutes
Zerlin
Consol Rus
Consol
Bavarian
Hessian
Saxony
Hamburg
Cologne
Munich
Augsburg
Penn tet-on-Malague
Vietnam
Buty
Erle
Louis. & Nash
U. Central
Pennsylvania
Reading
So. Pacific
UN. Pacific
Steel
Sterling Strong
Iailwaye
Brooklyn Tonopah
Lehigh
R. R Penn
R. R
Chicago Stock Market
Standard Oil
Pratt
Frederick Brewster
Ontario& Western
Metal Market Reports
Cotton States
Westinghouse Stock Sale
As. Com
Albany
E. E. Knott & CO
Exchange PL
J. Thomas Reinhardt
Privat
Tenn
Memphis Trust Co
United States Mortgage & Trust Co
Genral Assembly
State of
City of
Saigen
Ennis M. Dougles
J. 3. Williams
J. Williams
Ennis M. Douglass
State OF New York
Sion
L? Nacy
F. A. Wheeler
Ward's Island
Central Islip State Hospital
Central Islip
L. L
Kings Park State Hospital
Kings Park
I. I
Sunday Times
Indianapolis
Lawton
Annapolis
Governors Island
Society
Mineola
Newport Palace
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