Dividend Declared on Harlem Railroad Stock by NY Central
New York Central and Hudson River Railroad Company announces a dividend of 4 1 3 percent on the New York and Harlem Railroad Company stock. Payment will be made at the office on July 2 to holders of record at close of business July 15. E. V. W. Rossiter, Treasurer.
MENTIONED IN THIS ARTICLE
Wheeling & Lake Erie Railroad Co
Cleveland
Lake Erie Division
Wheeling Division
Toledo Belt Railway Co
Nashville, Chattanooga & ST. Louis Railway
Louisville & Nashville Railroad Company
Broadway
New York
Nashville, Chattanooga & St. Louis
Continental Trust Company
Toledo, St. Louis and Kansas City Railroad Company
Central Trust Company of New York
Wall Street
New York City
Frederic P. Olcott
William A. Read
Henry Budge
J. Kennedy Tod
Toledo, St. Louis & Kansas City Railroad Co
City of New York
Central Trust, Company of New York
No. 30
Broad Street
Central Trust Company of
Central Trust Company
Otto T. Bannard
H. @. ARMOUR
John C. Havemeyer
Richd. B. Hartshorne
People’s Electric Light & Power Company
Atlantic Trust Company
William Street
Borough of Manhattan
John Alvin Young
New York Central and Hudson River Railroad Company
NEW York and Harlem Railroad Company
E. V. W. Rossiter
Mergenthaler Linotype Company
Fred K J. Warburton
Homestake Mining Company
MILLS
Lounsbery & CO
Union Bag & Paper Company
Chicago
Ill
Washburn
Manhattan Railway Company
W. McWilliams
Chicago and North-Western Railway Company
S. O. Howe
Manhattan Fire Alarm Company
Barclay Street
E. S. Allen
Financial Markets Briefs From June Trading Session
The report shows stock and bond transactions to date for the year with figures for June 12 and the corresponding period last year. Net stock changes include multiple major issuers advancing such as Am Ice Am Sugar Ref and General Electric, while several rail and utility names show gains and declines amid collateral loan rates and commercial paper benchmarks.
MENTIONED IN THIS ARTICLE
Earl Viralpe
MNG
Scotleans
Hocking Valley
Louis. & Nash
N. J. Central
T. F
Pacific Coast
T &S
Pacific Mail
Ohio
People’s
Pere Marquette
Pressed Steel Carpf
Chi
St. Oenlst
Consol
Gas & el
Ber. Co
General Electric
Paine Defends Against Stock Exchange Bull Raid Claim
J Overton Paine of Paine Schuyler & Co says the exchange action against his firm was a bull raid on a bear operator. He asserts a verdict was already rendered before his hearing and vows to reenter the market as a bear operator, calling for pressure to smash inflated values. He argues that smooth roads make small men.
MENTIONED IN THIS ARTICLE
Stock Exchange
J. Overton Paine
Paine, Schuyler & Co
New York Stock Exchange
Gould
Third Avenue
Rothstein Visit Sparks Banking Talks in New York
Charles Fairchild president of New York Security and Trust confirms M. Rothstein Imperial Bank of St Petersburg is not seeking a loan in New York at present. He notes Rothstein may be here on banking matters and possibly to discuss establishing a Russian bank in the United States for disbursements.
MENTIONED IN THIS ARTICLE
Charles §. Fairchild
New York Security and Trust Company
M. Rothstein
Imperial Bank of
St. Petersburg
Fairchild
United States
Market shows cautious signs as earnings and weather shuffle
The market ends with a slight uptick amid cautious sentiment. Short interest appears overstated while St Paul Railroad earnings drop sharply in the first week of the month. Rain in drought areas boosts grains and Granger rail shares inch up. Authorities foresee continued conservatism in railway earnings with a summer lull before a possible post election rally. Gold exports begin earlier than expected and larger than forecast.
MENTIONED IN THIS ARTICLE
Miller
St. Paul
Wall Street
Granger
Chicago
Ananias
Consolidated Exchange Vote Counts in New York
Official tally of the annual New York Consolidated Stock and Petroleum Exchange election released yesterday shows 795 total votes. President nominees Mortimer H. Wagar 504 and Charles G. Wilson 287. First Vice President C. H. Badeau 519 and Thomas L. Watson 279. Treasurer E. R. Grant 478 and John Stanton 316.
MENTIONED IN THIS ARTICLE
New York Consolidated Stock and Petroleum Exchange
Mortimer H. Wagar
Charles G. Wilson
C. H. Badeau
Thomas L. Watson
E. R. Grant
John Stanton
Change in Firm of W. N. Coler & Co
The banking firm of W. N. Coler & Co. announced yesterday that F. W. Coler has retired from the firm. His interest was acquired by W. N. Coler, the senior member, who will again enter actively into business. Coler cited continued ill health as the reason for F. W. Coler’s retirement.
MENTIONED IN THIS ARTICLE
W. N. Coler & Co
F. W. Coler
W. N. Coler
Gold Exports Planned as Bank Partners Prepare Shipments
Tomorrow the outgoing French line steamer will carry gold to Paris via National City Bank and Lazard Frères. President Stillman cites a small amount from NC Bank, likely under $500,000, while Lazard Frères could send at least $1,000,000, possibly more. Shipments follow a triangular method with the Bank of France allowing transit interest. Other banks eye similar moves. sterling market remains firm.
MENTIONED IN THIS ARTICLE
Paris
National City Bank
Lazard Fréres
Stillman
Bank of France
Wheat market buoyed by mixed forecasts across crop regions
Wall Street tracked a dampening yet volatile wheat situation as government reviews, private dispatches, and Northern Plains rains painted a mixed outlook. Weekend rains and drought reports from the Dakotas and Minnesota fed the swing between optimism and pessimism, with July wheat fluctuating before a firm close.
MENTIONED IN THIS ARTICLE
Wall Street
Shorts
Yeret
A. M. Day & Co
Chicago
Counselman & Day
L. Bloom
Northwest
Cudahy
A. Poole
Dakotas
France
Russia
India
East Gulf States
Kentucky
Tennessee
Illinois
Indiana
Minnesota
Montana
Rocky Mountain
Middle Atlantic
Texas
Pacific Coast
Oregon
Washington
Maryland
Virginia
North Carolina
Gulf States
Wisconsin
South Dakota
Wheat Market in Chicago Braces for Rain Fallout
Wheat in Chicago surged to the season’s high as drought in the Northwest spread panic buying, then trimmed gains after rain reports cooled fears. July closed with unsettled prices as traders weighed future weather impacts.
MENTIONED IN THIS ARTICLE
Chicago
Rail leaders caution on endless railway earnings growth
Chairman Roswell Miller James J Hill and C K Mellen warn that railway profits cannot rise indefinitely. Mellen says earnings may stagnate or fall, noting weak crops and general business slowdown. He expects Northern Pacific to match last year’s earnings and avoids discussing dividend specifics.
MENTIONED IN THIS ARTICLE
Wall Street
Roswell Miller
St. Paul
James J. Hill
Great Northern
New York Tmes
C. K. Mellen
Northern Pacific
Mellen
Manitoba
Dakota
Minnesota
Washington
Oregon
Idaho
Steel and iron stocks slide with few gains amid earnings boost
The steel and iron market weakened with many issues near record lows. Republic Iron and Steel fell to 10% on 2,000 shares as possible July closures drew caution. Federal Steel dropped to 3 1 4 4 with a record low since 1898 and both common and preferred declined. Colorado Fuel and Iron advanced on April earnings of 216,200 dollars and a full year surplus projected after ten months.
MENTIONED IN THIS ARTICLE
Republic Iron and Steel
Federal Steel
Tennessee Coal and Iron
Birmingham
Bowron
Europe
Colorado Fuel and Tron
St Paul Shares Sell Down Amid Poor Crop News
St Paul stock weakened to 113 percent of par, near the year's low and just above the December panic bottom. The drop followed grim crop reports and a June earnings statement showing a year over year decline of 49220, with West bound traffic blamed for the decrease.
MENTIONED IN THIS ARTICLE
St. Paul
Roswell Miller
Rock Island Bonds Rumor About New Issues
A Rock Island stock report notes light trading with a final change near zero. A banking insider suggests the railroad may issue bonds to fund Western branch extensions, though he cautions no definite plan is confirmed and says the line is earning well.
MENTIONED IN THIS ARTICLE
Rock Island
Pacific Mail Affairs Ties With Panama Contract Shakeup
Wall Street reports ongoing weakness in Pacific Mail stock due to expected Panama Steamship Company demand for a larger share of receipts at contract renewal. If unmet, Panama may refuse to renew the alliance, adding pressure beyond dividend suspensions and bond rumors.
MENTIONED IN THIS ARTICLE
Wall Street
Pacific Mail Steamship Company
Pacific Mail
Panama Steamship Company
Pacific Mail Company
Panama Company
Baltimore and Ohio posts May earnings boost for dividend outlook
The Baltimore and Ohio system released its May earnings showing net income of 1,004,500 dollars, noted as favorable by market observers on street. The report revived hopes that common stock may be placed on a dividend basis during the year.
MENTIONED IN THIS ARTICLE
Baltimore and Ohio
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Louis Mesier
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