Market Signals and Reading Stock Notes From Reading Company
The piece discusses commission house borrowing rising about 50 percent in a month and public participation in the market, with short covering and distribution shaping Reading stock moves. It notes Reading’s dividend expectations, potential plans, and related coal-route financing and control shifts affecting Colorado & Southern and other rail stocks.
Chicago trading closes mixed as Booth Fisheries leads gains
Special to The New York Times reports Chicago market activity with Booth Fisheries securities rising sharply after descriptions closed. The common stock jumped to 15 and preferred up about 1 percent, while other listed issues such as Amalgamated Cans, Am. Shipbuilding, and Sears Roebuck show varied quotes and ex-dividends amid a broader trading session.
MENTIONED IN THIS ARTICLE
New York Times
Abhicago
Booth Fisheries Securities
Booth Fisheries Pf
Rys
Chicago Telephone
Chi
Title & Trust
Edison
Tllinois Brick
Kansas City Light
Nat. -Biscuit
S. Gas
Sears-Roebuck
Sears-Roebuck Pf
Sswift. & Co
Swift & Co
Union Boxboard
Treasury funds and gold reserve figures reported
Washington June 11 The Treasury condition at opening shows gold coin and bullion 150 million dollars, trust funds earmarked to redeem outstanding certificates 505 thousand to 839 million, silver dollars and other deposits across national banks with totals around 1.3 billion in various accounts and securities.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Wer & Reserve Fund
ESONA
Seevss
Eas Eos
eSast
Eitaral Fona Bosc tSeckenliene Sane
Boston Stock Market Opens Steady As Copper Leads Gains
Boston June 11 local market opened steady with stocks in good demand. Copper advanced about two points reaching 48 percent while North Butte traded between 59 and 61. Shannon rose to 16 percent and Amalgamated advanced to 88 percent.
MENTIONED IN THIS ARTICLE
New York Times
Boston
Superior
North Butte
Shannon
Trade notices list Panama Canal supply bids and VCR inquiries
The Daily Consular and Trade Report notes bid deadlines for Panama Canal supplies by the Isthmian Canal Commission and reports inquiries from Western Europe for American small vacuum cleaning machines, Moroccan police clothing, Eastern European imports, Egyptian soap contracts, and ash timber exports.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Consular and Trade Report
Bureau of Manufactures
Department of Commerce and Labor
Panama Canal
Isthmian Canal Commission
Europe
the Inquirer
Samuel R. Gummere
Tangier
Shereefian
Morocco
Lewis M. Iddings
Cairo
Central Stores Department of Public Health
Egypt
New York Cotton Exchange Votes to Close July 3
Financial notes report that the New York Cotton Exchange will close on July 3. Jefferson Bank to open new room at Fifteenth Street and Fifth Avenue on June 14. Alexander W. Thomson of Indianapolis seeks NYCE membership. Otto Kahn to sail Tuesday on Kronprinzessin, abroad through October. Lake Superior Corporation re-elects officers, with J. F. Taylor named Third Vice President. Charles de Florez to join London branch of Raymond, Pynchon & Co. in Europe. Societe Financiere Franco-Americaine declares 2 dividend for 1908 payable June 15 in Paris and New York. Speyer & Co., Lehman Brothers, and Goldmann Sachs & offer at 98% with about 5% accrued interest on unsold National Enameling and Stamping Co. 3rd mortgage real estate bonds. Underground Electric Railways of London issues 1,000,000 four per cent debentures replacing prior issue. George F. Baker Jr. elected Director of Colorado & Southern Railway. B. F. James becomes Secretary and Treasurer. L. E. Katzenbach named Assistant Secretary and Treasurer. American Metal Company increases capital to 3.5 million and expands board to seven. enables net earnings distribution to officers and employees.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
Jefferson Bank
Fifteenth Street
Fifth Avenue
Alexander W. Thomson
Indianapolis
Otto Kahn
Kronprinzess
Cecilic
Lake Superior Corporation
J. F. Taylor
Charles de Florez
Stock Exchange
Raymond, Pynchon & Co
Europe
London
Societe Financiere Franco-Americaine
Paris
Banque de l’Union Parisienne
New York
Speyer & ‘C
Lehman Brothers
Goldm Sachs
National
First Mortgage
Underground Electric Railways of London
Financia
George F. Baker, Jr
Colorado & Southern Railway Company
Joseph W. Blythe
B. F. James
Deffrver
B. T. Nichols
L. E. Katzenbach
James
American Metal Company, Limited
New York City
Albany
European Markets Report From London Paris and Berlin
On June 11 money demand was strong in London as stock markets climbed after settlement. Kaffir stocks led gains, home rails strengthened, gilt-edged bonds rose on investment demand, while Japanese bonds slipped. American securities opened steady and rose with covering orders. noon prices showed modest gains before a later softening. Also noted were currency and bond percentages with Paris showing weakness and Berlin firm as Baltimore & Ohio advanced.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
New York
Atchison, Topeka & Santa Fé
Erie
Southern Pacific
Grand Trunk
Farmers' Loan and Trust Company offices listed worldwide
The Farmers' Loan and Trust Company announces branches at 16 18 20 and 22 William Street New York including a branch at 475 Fifth Avenue London 18 Bishopsgate Street London and 41 Boulevard Haussmann Paris with worldwide payable services under Administrator Guardian.
MENTIONED IN THIS ARTICLE
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
New York
Cotton Market Mixed With Short Time Outlook Amid Weakness
The cotton market opened steady then fell 8 to 12 points by close with a general 1 to 2 point rise intraday. A Liverpool cable reported the Master Spinners Federation backing short-time in Lancashire and signaling a meeting next Friday. NY Cotton Exchange showed steady-to-lower weekly crop movements and varied futures with July through March prices listed. spot market remained quiet at 11.20 Middling up land and 11.45 Middling Gulf with several Southern markets steady to unchanged.
MENTIONED IN THIS ARTICLE
Liverpool
Master Spinners’ Federation
Lancashire
New York Cotton Exchange
Canada
Gulf
Augusta
Memphis
Galveston
New Orleans
Savannah
Norfolk
Southern Pacific to Redeem Preferred Stock in Cash and Bonds
A. K. Van Deventer announces that Southern Pacific will redeem all outstanding preferred stock on July 15, 1909 at $115 per share. Holders may exchange ten shares for one Four and One-Half Percent Twenty-Year Gold Bond plus $200 cash, convert to common stock, or receive $115 per share. Conversion and redemption details outline certificates, dates, and bond terms through 1929.
MENTIONED IN THIS ARTICLE
New York
United States of America
Guaranty Trust Company of New York
Closing transactions on Pittsburg Exchange today
Special to The New York Times reports the closing transactions on the Pittsburg Exchange for today June 11. The list details securities traded and final prices recorded by brokers during the session.
MENTIONED IN THIS ARTICLE
New York Times
Pittsburg
Dividends Declared by Union Pacific Railroad
Union Pacific announces a quarterly dividend of 2.50 per share on common stock payable July 1 1909 to stockholders of record at noon June 5 1909. Transfer books remain open. Stockholders must file mailing orders for dividends with the treasurer Frederic V. egager New York May 20 1909.
MENTIONED IN THIS ARTICLE
Union Pacific Railroad Company
Broadway
New York
N. Y
Frederic V
Egager
New York, N. Y
A. R. Brewer
Common Stock Dividend Declared for 1909 at 120 Broadway
The company declares the Eleventh Dividend on common stock, a quarterly 1.50 per share, payable July 1, 1909 to holders of Dividend Warrants No 11. Warrants must be presented to Treasurer A K Van Deventer at 120 Broadway New York.
MENTIONED IN THIS ARTICLE
Broadway
New York
A. K. van Deventer
Various 1909 dividends declared by multiple New York companies
In June 1909 several boards announced cash dividends: The Securities Company 2.5 percent semiannual to holders of record June 30. July 15 payment. American Snuff declares 1.5 percent on preferred and 5 percent on common payable July 1 to June 15 record. International Lumber and Development and Thompson Starrett list 2 percent and 4 percent dividends payable July 1. June 30 and June 24 records respectively. Dividend notices also note transfer books and mailing checks.
Special stockholder meeting for Universal Appliance dissolution
Notice announces a special meeting of Universal Appliance Company stockholders to authorize dissolution under Section 57, held at the president’s New York office on June 21, 1909, with John H. Iselin as president and Robert F. Manning as secretary. It also notes officer elections at Paris Trimming Company and a June 28 meeting of American Designing and Reproducing Company stockholders.
MENTIONED IN THIS ARTICLE
Magdalena Smelting and Mining Co
Henry W. Catlin Co
Fifth Avenue
New York City
Charles H. Dickey
New York
Universal Appliance Company
John H. Iselin
Broad Street
Borough of Manhattan
City of New York
N. Y
Robert F. Manning
Paris Trimming Company
Greene Street
Henry Levy
Brucker
C. A. Frank
Cc. F. Mattlage & Sons
C. F. Mattlage & Sons
Greenwich St
Co. F. Mattlage
American Designing & Reproducing Co
N.Y
American Designing and Reproducing Company
Fettretch, Silkman & Seybel
Park Row
Geo. LE Prevost
Regular auction sale of stocks and bonds in 1909 Brooklyn listing
Andrew J McCormack auctioneer advertises a regular stock and bond sale by Adrian H Muller & Son at Exchange Salesroom Vesey Street on June 16 1909 by order of the trustee in bankruptcy. It items United Breweries Co notes and mortgages with numerous other securities and includes a bondholders protection committee for Yankee Fuel Co and Santa Fe Raton Eastern R R, plus a lost stock certificate notice for St Louis San Francisco R R Co and a notice by Blake Bros Co.
MENTIONED IN THIS ARTICLE
Andrew J. McCormack
Adrian H. Muller & Son
William ST
Exchange
Vesey Street
United Breweries Co
Chicago
Ill
New York Trust Co
Apsley Rubber Co
Scplastic
Maine
Feany Union Typewriter Co
Brooklyn Ferry Co
Couperson
Empire Copper Mining & Smelting Co
Arizona
New Orleans
R. R
Wheeling & Lake Erie
Union Ferry Co
Metropolitan Trust Co
van Norden Safe Deposit Co
Ward Bank
Williamsburgh Trust Co
B’klyn Trust Co
B’klyn, Trust Co
Vee Trust Co
B’klyn, Trust
O. Ctfs
Hillside Bank
Richmond Hill
S. I
Max Resnicoff
Adela Levy
Bushwick Avenue
Brooklyn
Johnson Avenue
S. L
Broadway Trust Co
United Copper Co
Presd
Temple Bethel
76Th Street
Sth Avenue
Colonial Real Estate Association
Phillipine Street
City & Suburban Homes Co
City Investing Co
Union Bank of Brooklyn
Yankee Fuel Co
Santa Fe, Raton & Eastern R. R
Yankee Fuel Company
Santa Fe, Raton & Eastern Railroad Company
United States Mortgage and Trust Company
United States Mortgage On Trust Company
Cornelius C. Cuyler
Gustav E. Kissel
H. A. V. Post
W. A. Harder
John C. O’conor
Calvert Brewer
Cedar Street
New York
St. Louis
San Francisco
R. R. Co
Georges Charbonneaux
Blake Bros. & Co
Broad St
Electric Lighting System Proposals Fort Hamilton and Totten
Sealed proposals in triplicate for electric lighting systems at Fort Hamilton N Y and Fort Totten N Y are due June 15 1909. Plans and specifications available at Governors Island and Fort Hamilton Totten offices with deposits and marked envelopes for proposals.
MENTIONED IN THIS ARTICLE
Fort Hamilton
N. Y
Dept. of the East
Governors Island
Quartermaster
Fort Iron
Fort Totten
Sealed bids sought for New Rochelle relief bonds of 1909
The city invites sealed proposals for all or part of 61000.00 five per cent relief bonds Series A dated June 1 1909. Bids due June 15 1909 at 8 PM at City Hall. Required cash or certified check 5 percent of bid. Delivery July 1 1909. Bid must be at par. city may reject any bid.
Sealed Proposals for New Rochelle Relief Bonds Firm
City of New Rochelle invites sealed proposals by June 15 for purchase of 25 000.00 Registered five percent Relief Bonds Series B of 1909. Bonds include $1000 denominations, term maturing from 1916 to 1919 with semi annual interest. Principal and interest payable at City Treasurer office. Bond legality to be examined by No 60 Wall Street New York City.
MENTIONED IN THIS ARTICLE
City of
New Rochelle
N. Y
Common Council
Main
Mechanic Streets
New York Exchange
New York
Messrs. Delafield & Longfellow
Wall Street
New York City
Also Mentioned on This Page
Pupiic’s. He Ptt Ra
Beit
Wehirewal
Commission House Holdings
Reading
Lackawanna
Reading Company
Congress
Baer
Colorado & Southern
Colorado & Southern Common
Hill
Hawley
Burlington
Chicago Stock Market
the Treasury Balances
Boston Stock Market
Aee
Atchison Ecresconrsee
Atchison
Bos
Worcester Pf
Chem. Pf
Atlantic Gulf & W. I
Pneu
Boylston
Boston Land Oe
Dominion I. & S
Eesneron Land
Eercent Electric
Mass
Eenvees
N. E
Pullman
Reece Esccee
Een Electric
Torrington Pf
United Fruit
United Shoe
United Shoe of Boi
U. S. Stee
S. Steel
Wollaston Land Sease Ag Mining
Adventure Eee
Amalgamated Enaiela Teats
Allouez Eae
Ss. Oo
Eevece
Gnieeaer
Utah-Ape
Utah Consolidated
Utah
Winona
Ccesernees
Wyandotte
Financial Notes
Berlin
Baltimore & Ohio
Foreign Public Securities
Consol
Saxony
Hamburg
City of Berlin
City of Cologne
Augsburg
Munich
Frankfort-on-Main
Vienna
Don. Equiv
Wee Atchison
Bey Ill. Central
Louis & Nash
N. Centra
Pennsylvania
Reaccvcseee
Union Pacific
U. Eccees
Steel
Es ‘American
Cam Bird
Cena
el Oro
Airatton’s Ind
Atlantic Coast Line
Chesapeake & Ohio
Interborough
Kansas City
Kansas City South
Lack. Steel Co
Lake Shore
Louis. & Nash
Michigan Central
New York Central
Minn
Norfolk & Western
Pennnsylvania
Southern
Tidewater Co
Westing. EF. & Ms
Bishopsgate St
Boulevard Haussmann
Travelers’ Letters of Credit
Guardian
Southern Pacific Company
Board of Directors
Pittsburg Transactions
H. Low
Consolidated” Tee
Seeresee
Crucible
Ceeg Ty
Crucible Steel
Ind
Brewing Ae
Ohio Fuel Pitts
Consolidated
River Coal
Ross Mining
U. S. Steel Pf
West
Elec
Penn
Kansas Gas
Mount Elliott
San Toy
Eeesy
Silver Peak
Jones & Laugalin
Agit Weeee
Kansas Gas 2d
Baltimore
C. G
Carollina Cent
Detroit United
MD. Steel
Cveee
Memphis St. Ry
MD. Lectric
Pitts. & Alle
Tel
Seaboard
United Rys
Idg
Continental Trust
Fidelity” - Bees
Tae
Nand
Northern Central Nee
Seaboard Co
Western
Maryland
Western Pacific Railway Company
Denver and Rio Grande Railroad Company
KE. T. Jeffery
The
Denver & Rio Grande Railroad Company
Blair & CO
San Francisco and North Pacific Railway Co
Mercantile Trust Company
San Francisco and North Pacific Railway Company
Guy Richards
R. E. Sakfford
Chambers St
Board of Trustees
Thomas M. Mulry
John J. Pulleyn
Comptrofier
Maiden Lane Savings Bank
Orner Maiden Lane
J. Heynen
Louis Windmuller
Solu Eva
Park x Place
Anult
W. H. Rose
Asy’t
Southern Pacific CO
Western Union Telegraph Company
the Securities Company
Securities Company
Edwin G. Woodling
International Lumber & Development CO
Drexel Bldg
Phila
C. M. McMahon
American Snuff Company
E. D. Christian, Sec’y and
Treas
United Gas Improvement Company
N. W
Broad and Arch Streets
Philadelphia
Lewis Lilli
Minneapolis ‘& St. Louis Railroad Co
F. H. Davis