Wall Street Notes Healthier St Paul Amid Car Demand
Wall Street reflected on St Paul stock after its earlier weakness, with some investors pondering a director’s cautious stance. Baltimore & Ohio seeks bids for 2000 steel cars and 5000 box cars, signaling capacity growth despite rate battle talk. North Star Mines declares a 5 percent dividend, while Chicago & Alton common and preferred dip and American Agricultural Chemical awaits board action on its dividend.
MENTIONED IN THIS ARTICLE
Baltimore &Ohio
Baltimore & Ohio
American Agricultural Chemical Company
PAYS ON ADJUSTMENT BONDS PROPOSED BY SEA BOARD LINE
The Executive Committee of the Seaboard Air Line Railway recommends paying 2 1 4 percent on August 1 for the half year on adjustment 5 percent bonds issued at 70 in reorganization last year. Interest is payable only if earnings cover this issue and prior liens. For six months ending May 1 earnings after other interest and reserves show 1 569 015 dollars applicable to adjustment bond interest, compared with about 625 000 dollars due, leaving a surplus of roughly 940 000 dollars.
MENTIONED IN THIS ARTICLE
Seaboard Air Line Railway
European Markets Report London June 9
Bank of England lowers minimum discount rate to 3 percent as gold inflows bolster reserves and Treasury bill purchases ease money. Stock markets rise on improved bank statements. Rio Tinto weak. rubber shares strong. New York closes steady after late rally. money rate around 24.42 percent. Paris opens strong but slips with Rio Tinto. Berlin quiet with prices generally lower.
MENTIONED IN THIS ARTICLE
London
Bank of England
Treasury
Stock Exchange
Rio Tintos
Paris
Brussels
New York
Madrid
Lisbon
Berlin
Baltimore & Ohi Advanced
Exchange
Bank of England weekly statement highlights changes
The Bank of England reports a reserve rise of £1,423,000 and a circulation decrease, with bullion gains and a drop in other securities by £1,275,000. Public deposits rise £1,894,000 and notes reserve up. government securities increase. Reserve to liability ratio at 51.97 percent, last week 5.73 percent. bank rate reduced from 1.6 percent to day.
MENTIONED IN THIS ARTICLE
London
Bank of England
German and French bank statements show mixed asset shifts
Berlin reports declines in cash on hand and loans and a drop in notes in circulation while treasury bills rise. Paris notes only general changes from the Bank of France. Boston market firmer with fractional gains as Lake Copper and North Lake hit daily highs before closing near top prices.
MENTIONED IN THIS ARTICLE
Boston
Lake
North Butte
North Lake
Treasury
London
Don
Close
Ch'ge
Atchison
St. Paul
Erie
Illinois Central
Louis & Nash
ALS
NY Central
Pennsylvania
TEX
Southern Pacific
Union Pacific
Steel Costes
Isly S. Steel Pf
Four Surety Firms Consider Joint Policy on Cotton Bills of Lading
A plan to issue indemnity policies on all cotton shipped by through bills of lading is being considered by four major surety companies the American Surety National Surety Fidelity and Deposit of Maryland and United States Fidelity and Guaranty. The move responds to losses exceeding 3 million dollars from fraudulent bills and aims to reassure bankers and foreign buyers before the fall cotton movement. Joel Rathbone of National Surety leads the investigative team touring the South and Europe to assess issuance conditions and report back for a final decision.
MENTIONED IN THIS ARTICLE
Europe
American Surety Company
National Surety Company
Fidelity and Deposit Company of
Maryland
United States Fidelity and Guaranty Company of
Baltimore
Joel Rathbone
Eeter
Knight, Yancey Co
Steele, Miller & Co
Closing quotations on local Exchange today
Colorado Springs report lists bid and asked prices for several securities with names Elkton McKinney El Paso Portland Mindlay Old Gold Gold Dollar Vindicator Isabella Jen Samp and others. Market shows mixed quotes with notable 9 10% and 86% ranges and several fractional figures.
MENTIONED IN THIS ARTICLE
New York Times
Colorado Springs
Local Exchange
Jackpot
SS One of
Elkton
McKinney
el Paso
Portland
Mindlay
Vindicator
Isabella
Theodore P Dixon Elected to Stock Exchange
Theodore P. Dixon has been elected a member of the Stock Exchange. The Columbia Trust Company has been appointed to certify the pending issues of several securities including a notable item linked to Seattle and a Dean of 34.
MENTIONED IN THIS ARTICLE
Theodore P. Dixon
The
Stock Exchange
Columbia Trust Company
Seattle
Railroad Earnings Report Highlights 1910 May Totals
A compilation of railroad earnings for April May 1910 from multiple lines including Ann Arbor, Seaboard, Georgia Southern, and Chicago Rock Island. Totals show operating revenue, expenses, net operating revenue, and taxes with year over year comparisons and July 1 to May 31 figures.
MENTIONED IN THIS ARTICLE
ANN Arbor Railroad
Inc
Atlanta, Birmingham & Atlantic
Georgia Southern
Florida
Kansas City
Mexico & Orient
Seaboard Airline
Boston & Maine Ort Ggeie
Chicago, Rock Island & Pacific
Inter-State Commerce Commission
ERIE
Werke
Louisville & Nashville
Torog Fs Ceeders
Missouri, Kansas & Texas
Central OF New Jersey
Fort Worth
Denver City
NEW York Caurent Railroad Report Commission
Eee
Sion
Inter-State Commerce
Treasury Statement shows daily receipts and deficits
The Treasury released figures for yesterday detailing receipts 1,980,848 in current month and 16,810,317 in the fiscal year with expenditures 1,269,202 for the day and a surplus 620,645. It records customs revenue 1,055,143 and miscellaneous 106,520 along with corporation tax 47,414 and interest income 780,769.
MENTIONED IN THIS ARTICLE
Treasury
New York Times
Washington
Commodities Markets Show Mixed Grain Movement and Cautious Trading
Wheat opened easy with losses near 6 to 8 cents as Government reports turned bearish and foreign markets were dim. Chicago July deliveries raised concerns of manipulation while September stayed firm. corn and oats followed with light offerings and late-day follow-through. Provisions rose on strong hog demand with firms at day’s end.
MENTIONED IN THIS ARTICLE
Liverpool d
Chicago
Duluth
Manitoba
New York
C. Ag
C. Downs
Csecee
Early Influences Mixed As Cotton Market Opens Steady
The market opened steady with prices mostly unchanged to five points higher. Bulls bought aggressively for large short positions as Liverpool demand remained strong while Manchester and Continent reports conflicted on trade conditions. Rain and crop damage in the South supported cautious selling amid near month concentration. New York spot quiet with middling uplands around 15.40 and Gulf 14.68.
MENTIONED IN THIS ARTICLE
Liverpool
Wall Street
Manchester
Shorts
Memphis
New York
Gulf
Coffee futures end higher on firmer demand and tighter Santos supply
Prices closed with gains of 7 to 10 points as 27 750 bags traded. Market strength tied to firmer cables and anxiety over Santos grade supplies with Rio and Santos showing gains and declines in different markets. Visible Brazilian coffee stocks in the U S reach 2 899 103 bags versus 3 424 008 last year and 3 500 834 two years ago.
MENTIONED IN THIS ARTICLE
Santos
Havre
Hamburg
Brazil
Europe
United States
Rio No 7
Rcccesese
Aogbe Tc
Jormety Gaaisace
Marvel. A Cccresses Os Ee
Also Mentioned on This Page
Morgan
North Star Mines Company
Alton
Chicago & Alton
Buffalo & Susq
Kings County
Elec
Missouri & Kas
New Orleans
Gilbert Eliott & Co
Pine Street
John
H. M. Byllesby & CO Engineers
LA Salle Street
Ore
Oklahoma City
Okla
Mobile
Ala
Ation Porcupine Gold Camp
Warren, Gzowski & Company
Toronto Stock Exchange
Broad ST
Toronto
Warren W.erwin&co
Consolidated Stock Exchange of
N. Y
N. State Railways
Mohawk Valley Co
Scrip Co. O
Syracuse Rapid Trans. Co
Malcolm Stuart
Broadway
EY Strust
New York City
Charter Brooklyn
Central Trust Company of
Manhattan Trust Company
Knickerbocker Trust Company
Sue Ane Ve
Seaboard
Todey
Bion Tinto
Bank OF Germany
Imperial Bank of Germany
Bank OF France
Boston Stock Market
Mass Gas
United Fruit Digs
Western T & T
Atchison Wees
Boston Elevated
J. R
Fitthbure
Union Pacifi
West End
Am Woolen Eee
Am Woolen Pf
Edison Sceereesceeesshb
Georgia Ry. & Oes Os
Georgia Ry. & B. Pf
General
Mase
Gas Leeeesene
Mass Gas Pf. Ccece
Mergenthaler
Pullman Neem Enn
Pullman Seerip
Keece
Swift
Enee Eees
Torrington Pf
United Fruit Tee
TOD United Shoe Eccen
United Shoe
Bteel Eeveecce
Steel
Adventure Ete Ewe Ene
Allouez Seerererrecres
Amm. Zing
Batopiias
Butte
Guanajuato
Hancock
Escccesseess
Helvetia
North Lake Eeeweee Lly
Old Dominion
Utah
Superior & Pitts
Trinity Eterna
Utah Copper
Victoria Cceeeecveesss
Winona Eee
Wolverine Weseesecsess
Wyandotte
San Francisco
Alta Ee
Kentucky
Potosl Csasovectavee
Savage Ween
Cal & Vv
Sag Belcher
Sierra Nevada
Imperial
St. Louis
Crown Point
Union
Eciseces
Ad Gould & Curry A
Cegens
Hale & Norcross
Telegraph
Tonopah
Diamondéfield
Weer
Belmont
Goldfield Con. M
Jim’ Butler
Great Bend
McNamara
Sandstrom
St Ives
Goldfield
Ste
Colorado
Financial Notes
tCredit
Chicago & ST. Louis
Ontario & Western
Oregon Railroad & Navigation Report
Inter-State Commission
Oregon
ST. Louis South
Rts
Rts., Co
Southern Railway
Hares
Conn
Atlantic C. L. Con
Ball
City
Bal
City Pas
Carolina Central
Fair & Clarks Tr
G. B
Brewing
United Rys. Inc
United Rys
Western Md
Ssecseesskse
Balt. Trust
Con. G
the Commodities Markets
Sanaccen’ SG
United States Mortgage & Trust Company
James G. Cannon
Charles M. Hays
H. R. Ickelheimer
William A. Jamison
Gustav E. Kissel
Louis C. Krauthoff
Adolph Lewisohn
Clarence H. MacKay
Robert Olyphant
CeDar St
125Th Street
8Th Ave
John W. Platten
Mortimer L. Schiff
Henry Tatnall Eben B. Thomas James Timpson
Arthur Turnbull C. Vanderbilt
Paul M. Warburg
Financial Pages
NEW York American
Ald
Office OF
H. M. Byllesby & Company
Oklahoma Gas and Electric Company
Oklahoma
Robert J. Graf
the Farmers’ Loan and Trust Company
William Street
Fifth Avenue
Boulevard Housemans
Travelers
Foreign Exchange
Guardian
Twin City Rapid Transit Company
Farmers Loan and Trust Company
E. & Pattee
NEW Reas Central & Hudson Riveroad Company
NEW York and Harlim Railroad Company
New York Central and Hudson River Road Company
Edward L. Rossiter
City Investing Company
Morris B. Mead
the Mutual Bank
ST. New York
Mutual Bank
Hugh N. Kirkland
American Can Company
R. H. Ssmon
United Traction and Electric Company
Jersey City
N. J
C. S. Sweetland
Joseph Lead Company
Hugh N. Camp, JR
DOE Run Lead Company
Schidat. Ba
Esrastrurp
Franklin Trust Company
Monracus Start
Brooxtyn
Forton Sreret
Hugh D. Auchincl
Union N. Bethelloseph
E. Brown
M. Allen Butler Charles B. Denny Crowell
Hadden Henry Hentz
Henry C. Hulbert
William B. Lane, M
William G. Low
Henry R, Mallory
Edwin S, Marston Albro
J. Newton
George M. Olcott
Edwin Packard Lowell M. Palmer
Stephen S. Palmer
Charles A. Peabody
Charles J, Peabody
Ralph Peters
Henry E, Pierrepont
James H. Post
George H. Prentiss
Moses Taylor Pyne
William H. Wallace
Robert B. Woodward
Arthur King Wood President
Thomas T. Barr Samuel W. Boocock
William N. Dykmast
N. An
William Hester
Francis L. Hine
William A. Jamtsem
Brooklyn Trust Company
Montague St
Bedford Ave
Fulton St
Manhattan
Corner Wall St
Charles M. Pratt
George G. Reynolds
Charles A. Schieren
Edward M. Shepard
J.h.wee Willits Wilts D. Wood
Banking Dept
Bocklet A. Beekman
Wall Street Journal
Society of the
Home For Incurablea
Field Memorial Chapel
Anthony Dey
Frederic C. OH
Ces Montgomery Kson
Frederic C. Wagner
Israel C. Jones
M. D
Hudson Trust Company
83Th Street
Richard A. Purdy
NEW York Loan & Improvement CO
New York Loan & Improvement Company
Jene
Cleveland and Marietta Railway Company
Fittsburgh
Farmers’ Loan & Trust Company
T. H. B. McKnight
Schuyler
Roosevelt
Eugenie
Ibsen
Lafcadio Hearn