Stock gains on modest trading as earnings rise
Net earnings for the period July 1 to May 31 reach $13,261,300, up $5,470,500 from last year while overall earnings total increase to $195,700. Trading activity shows 5,900 shares changing hands and the common stock advancing, with a single sale of 100 preferred shares at a rate slightly below Monday's close.
Western Union Declares 14 Percent Quarterly Dividend
Wall Street had speculated Western Union would cut its dividend to 4 percent. The Executive Committee yesterday recommended a regular quarterly dividend of 14 percent, with earnings described as satisfactory and strong business anticipated this presidential year.
MENTIONED IN THIS ARTICLE
Wall Street
Western Union
Third Avenue’s Decline Stirs Market Trading
Third Avenue traded weakly, down to 108 percent on act rifle sales over 1,000 with a net loss of 2 percentage points. No special news affected Selene or prompted the decline.
MENTIONED IN THIS ARTICLE
Third Avenue
Act
Selene
Wall Street Topics and Freight Shift Highlight City Meeting
An east bound freight rise shows 6462 additional tons from Chicago last week. Promoters meet in the city today to discuss a six million dollar chair combination.
MENTIONED IN THIS ARTICLE
Wall Street
Chicago
Increase in Colorado Fuel and Iron net earnings noted
A financial update reports a $126,019 rise in Colorado Fuel and Iron Company's net earnings, signaling improved profitability for the period. The document highlights the gain and its impact on overall financial results.
MENTIONED IN THIS ARTICLE
Colorado Fuel and Iron Company
Bondholders Agree to Sell Toledo St Louis Kansas City Line
The bondholders unanimously decide to sell their holdings in the Toledo, St. Louis and Kansas City Railroad to a syndicate of banking houses at 130 and accrued interest from June 1.
MENTIONED IN THIS ARTICLE
Toledo, St. Louis and
Kansas City Railroad
Western Union Board Recommends Regular Quarterly Dividend
The Executive Committee proposes a regular quarterly dividend. Details on payout amount and schedule to follow in forthcoming board statement.
New corporation to be formed with capital of 3 million
A new corporation will be formed with a capital of 3 million dollars to take over the property of the General Electric Automobile Company of Philadelphia.
MENTIONED IN THIS ARTICLE
New Corporation
General Electric Automobile Company of
Philadelphia
Surge in Port of New York exports week over week
Exports of general merchandise from the Port of New York rose by 4,119,076 dollars for the week versus the prior week and by 2,053,550 dollars compared with the same week last year.
MENTIONED IN THIS ARTICLE
Port of
New York
Southwestern Telegraph and Telephone To Raise Capital
Southwestern Telegraph and Telephone Company plans to increase its capital stock from seven million to ten million dollars. The move is expected to support expansion and new services across its network, with regulatory approvals anticipated in the near term.
MENTIONED IN THIS ARTICLE
Southwestern Telegraph and Telephone Company
Money and exchange rates in various markets and deposits
Clearing House reports big exchanges at 168 million with a 7 million balance and 621 thousand debit at the U S Treasury. London money at 1 1 4 percent and open market discount at about 2 9 16 to 2 percent for short and three months bills. Domestic and foreign rates list multiple currencies, bills, and interbank premiums with regional center quotes.
MENTIONED IN THIS ARTICLE
Mercantile Paper
Clearing House
Treasury
London
New York
Chicago
Boston
New Orleans
San Francisco
Charleston
Savannah
St. Louis
Cincinnati
Ste
London Market Report Shows Slight Improvement Then Eases
The London market for American securities opened dull then edged up before turning easier as inactivity persisted. Consols were 1017-16 for money, 8-16 for the account, with listed stocks like Atchison 26%, Canadian Pacific 99 1/4, St. Paul 116 1/2, Illinois Central 115, Union Pacific preferred 75, and others quoted. Bar silver held at 27.900 per ounce. money at 1 percent. open-market discounts: three months bills 2 1/4 to 2 1/2 percent. Bullion inflow to the Bank of England at 220,000 was noted, with current bullion premiums listed for Buenos Ayres, Madrid, Lisbon, Rome, and Spanish exchange closing at 7/2.
MENTIONED IN THIS ARTICLE
London
Atchison
Canadian Pacific
St. Paul
Ilinois Central
Louisville
Union Pacific
ATIC
Bank of England
Buenos Ayres
Madrid
Lisbon
Rome
Western Gas
Esos
Western Gas Lst
Brooklyn Ferry
Seseeeeee
Hoboken Ferry
American Typefounders
Barney & Smith
Barney’ & Smith Pf
Iarney & Smith Bonds
Ss Consolidated Rubber Tire
Consolidated Rubber Tire
Continental Tobacco Debentures
General Electric: Automobile
Cramps’ Shipyard
General Chemical
General Chemical Pf
Trenton Potteries
Union Typewriter
Worthington Pump
American Bank Note
Kings County
Light & Po
Southern Light & Traction
Boston
New York Times
Amalgamated
Swift & Co
New York
Mercantile
Adventure
Old Domin
Allouez Eee Ly Osceola Oy Xi
Arcadian Ee
Parrot Ewes
Arnold
el Quincey
Rhode Island
Santa Té
Bos. & Cr.c
Santa
Old Colony
Bost. & Alb
Bost. & Low
Bost
M. Pf
Bos
Fitchburg Pf
West End
Am. Bell Tel
Amson
Mex
Dom. Coal
New
E. Tel
Hk Pep
Dom. C. Pt
Erie Tel
West’se E.pf
Paris and Berlin Bourse Opens Firm Then Slacks
Paris prices opened firmer on a rumored British Transvaal victory but slackened as no confirmation appeared and Kafirs weakened while bonds and rentes moved little. Berlin prices were irregular with locals easing and then mine shares recovering after industrial gains. London exchange quoted at 20 marks 45 pfennigs.
MENTIONED IN THIS ARTICLE
Paris
Transvaal
Juondon
Stock and commodity prices mixed as market holds steady
Bullion certificates quoted on the Stock Exchange show no sales while P Bar silver lists at 2 rsqd per ounce in London and 47.0¢ in New York. Inside securities reveal demand and gains with American Wool and New Amsterdam Gas among the standout issues as Union Copper weakens amid rumors of control moves.
MENTIONED IN THIS ARTICLE
Stock Exchange
Seal
London
New York
Standard
Consolidated Exchange
California
Virginia
Isabella
Mount Rosa
Portland
Savage
Work
Auction of Securities and Rail Equipment By Richard V Harnett Co
The New York Real Estate Salesroom on Broadway auctioned securities including 550 shares Buffer Company at 29, Rochester Mining and Milling 500 shares at 1, and Florida Fruit Exchange 4 shares at 10, plus negotiable first mortgage bonds of Atlantic Trust Company for 1000 each. Also 101 ventilated box cars for Chattanooga Southern Railway with 60000 pounds capacity and M C B couplers, 75 with air brakes, remaining to be equipped, estimated at 15000.
MENTIONED IN THIS ARTICLE
Richard V. Harnett & Co
New York
Broadway
Central National Bank of Norwalk
Conn
Lutts
Tobe Buffer Company
Rochester Mining and Milling Company
Florida Fruit Exchange
Atlantic Trust Company
Chattanooga Southern Railway Company
Foy
Market Quiet in Chicago as linseed and tram stock fade
The New York Times reports a dull Chicago trading day with little price movement. Linseed common closed near 11% and 11% start, American Linseed and American Tin Plate show scattered levels, while Chicago Union Traction and Metropolitan Elevated preferred drift. Philadelphia prices echo the quiet tone with limited activity and steady quotes across rail and electric names.
MENTIONED IN THIS ARTICLE
New York Times
Chicago
Chicago Unicor Traction
Metropolitan Elevated
Northwestern Common
Hizhawe
American Tin Plate
Chicago Telephone
Chicago Union Traction
City Railway
Lake Street
National Liscuit
Pst
BSI
National Biscuit of
Sul
SHI
Northw
Northwestern
West Chicago
New York Stock Exchange Stock Change Sales Report
A brief stock change report shows Consolidated Exchange activity with notable sales figures. The line indicates a 101 percent change and mentions 524 sales and a value of 129 million.
Complete Bond Transactions with Multiple 5s and 4s Listings
A dense listing of bond issues including 3s 5s and 4s across issuers like Adams Express Manhattan Company Northern Pacific Chesapeake and Ohio and many regional rail and gas concerns. Totals show varied par values and high and low coupon references with several hundred thousand dollars in combined sales.
Treasury balances and receipts report June 12
The Treasury general fund balances and receipts for today and the month are listed with gold reserve excluded. It includes details on silver dollars United States notes National bank notes and total receipts and expenditures for the day month and year along with deposits in banks and available cash balance.
MENTIONED IN THIS ARTICLE
Hington
Treasury
United States
Treasury Notes
National Bank
Aynal Bank
National Ban Eee
United States Notes
Wena
Railways Report First Week June Earnings Rise Across Lines
Several railways posted increases in gross earnings for the first week of June. Notable gains include the Louisville & Nashville 23720 and Missouri Pacific 23000, while the total increase for 16 roads reached 2,805,208. Some lines showed declines led by Minneapolis & St. Louis at 6,685 and New York Ontario & Western at 6,455, with total decreases for three roads totaling 71,926. Net overall movement shows a rise.
Multiple New York Corporations Formed With Various Capitals
Abnevin and Bridled Brush Co of Buffalo with 12000 capital and directors Mann Youmans and Mann. Halstead Iron Mining Co of Ancram capital 20000 directors Arnheim Levy and Alfred Levy. Manor Kill Creamery Co of Manor Kill capital 4500 directors Phelps Disbrow Hanover. Imperial Photo Publishing Co of New York City capital 10000 directors Boedicker Edwards Akers. Sands Co of New York City to make confectionery capital 10000 directors Sands Wallace Engelke. Minard and Anderson Co of Lockport confectionery capital 1900 directors Minard Anderson Minard. Tonawanda Lighting Co capital 100000 directors Wickware Wende Smith. East Shore Railway Co to operate steam road from Poughkeepsie to Hudson River State Hospital capital 10000 directors Williams Hicks Rand.
MENTIONED IN THIS ARTICLE
Pn Abnevin
Buffalo
Stuart R. Mann
Alva E. Youmans
E. Kk. Mann
Halstead Iron Mining Company
Ancram
Capital
Marks Arnheim
Harry A. Levy
Alfred G. Levy
New York City
Manor Kill Creamery Company
Manor Kill
Wallace Phelps
Zenophon Disbrow
James B. Hanover
Imperial Photo Publishing Company
Hermann
Boedicker
Charles W. Edwards
W. H. Akers
Sands Company
H. Su. Sands
Brooklyn
E. F. Wallace
B. H. Engelke
Tarrytown
Minard-Anderson, Company
Lockport
Charles D. Minard
W. W. Anderson
George H. Minard
Tonawanda Lighting Company
Tonawanda
N. B. Wickware
Akron
Frederick Wende
George P. Smith
North Tonawanda
East Shore Railway Company
Poughkeepsie
Hudson River State Hospital
Charles Hicks
FE. C. H. Rand
Sonora Copper Company Incorporated in New York
Wilmington Delaware June 12 The Sonora Copper Company of New York was incorporated on over today to mine copper capital dollars.
MENTIONED IN THIS ARTICLE
New York Times
Wilmington
Del
Sonora Copper Company of
New York
Closing quotations for bonds and stocks with no transactions
The page lists closing bid and asked quotations for government bonds and stocks with no trades. Entries include Chicago area listings like Joliet & Chisis, Fort Wayne, Am. Coal, Lake Shore, Michigan Central, and many others with varied bid and asked figures, including U.S. Steel, Erie, and Wabash among numerous securities, reflecting a stalled trading day.
MENTIONED IN THIS ARTICLE
Askea
Joliet & Chilis Oets. Co
VOIS
Wiss
C. Os
W. We
Iss
K. C
Kan
RG Dso
Lee
Chi
D.C
Gas
All. & W
Iwe
BP Fe
W. A
Tel
Lake Shore
C. R
M. Cc. R. Pf
Man
Beach
MD. C. Phe
M. W. el. Aim
Ann Arbor
Ann
St. P
S. Os
Mob
Mor. & Es
Nat
Bis
N. Cent. c
N. Y
N. Ta Ma
N.Y
St.l. ‘Hut Ae
N.Y. le
P. C
ST Penn
Consol
D. M
Erie
T. H
B. Claflin
Iowa
Railroad Earnings and Totals by Line for June and Year Start
Southern Cotton Oil Company reports for the year ended April 30 balance from last account 860000 profits for year 300000 dividend paid Dec 15 40000 dividend paid Jug 14 80000 balance to next account 900000. Railroad figures show mileage totals and weekly June figures across lines including Alabama Great Southern Baltimore & Ohio Chicago Great Western Denver & Rio Grande Northern Pacific Kansas City Louisville & Nashville Mexican Central Mexican National Minneapolis and St Paul Missouri Pacific New York Central Norfolk and Western St Louis Southwestern Southern Railway Texas and Pacific Toledo St Louis and Southern, with year to date totals and monthly starts.
MENTIONED IN THIS ARTICLE
Bay State
Gashschasisch Wwe Aoe
Vanes
Brooklyn Gas & Electric
Seteee
New Amsterdam
Renee Ee Etee Om Caath
American Agricultural Chemical
Wnt
American Agricultural Chemical Pf
American Bicycle
Consol
I Lighting & Equip
Distilling Company of America
Havana
Otis Elevator
Sea
Coods
Rubber Goods
Mtg
Spenny Io
Sloss
Sheffield
Chicago & Alton
Chicago
Alton
Flemington Coal & Gov Seccanesees
Gold Hill Copper
Great Lakes
Louisville, Henderson
St. Louis Transit
Seaboard Air Line
Superior
Boston Copper
Efaab
Tennessee Copper
Tel
Cable
United Railways of
St. Louis
American Express
American Ice Co
American Linseed Co
Am. Linseed Co
An. Malting Co. Pf
Am Roche. & Ref. Co
Am & R. Co
Tad Am Steel & Wire
T. Cens
Baltimore
Balt
Ohio
Seveee
Brooklyn
Union Gas
Brunswick City
Buff., Roch. & Pitts
Canada
Chicago Tithe. Co. T L
Colorado Fuel. & Iron
Colorado Midland
Colorado Southern
Col
Col. Southern Ist
Col. & H Southern 2d
Consolidated Gas
Con Tobacco Co
Con. Tobacco Co. of
Delaware & Hudson
Del
Lack. &West
Denver & R
Erie
Great Northern
Hocking Valley
Illinois
International Og
International Power International
Iowa
Long Island
Louisville & Nashville
Manhattan
S. el, Chi
Minn
Sul
St. & Texas
New York Air Brake
New Jersey
New York
At & West
Norfolk & Western
BRIA
Northern Pacific of
Pacific Northern Pacific
Pacific Coast
Pennsylvania R. A
Peoria
Dee
People’s Gas
Evans
Marquette
St. L.acy & Steel Mt
Fexas Pacific
Fexas Pac Land
Third Avenue
Win City
Ition
Union Pacific & P. Co
Easccel Isly
Taal Iatee Pacific
United States Express
States
S. Leather of Pay
Western Union Tel
Nells-Fargo Express
Sn Sosu SU
Lake Erie
I. EK. Ist Pt
Wisconsin Central
Alabama
Great Southern
Saa
Baltimore & Ohio
Southwestern
Chicago & Eastern
Chicago Great Western
Denver & Rio Grande
International & Great Northern
Kanawha & Michigan
Ogee
Mexican Central
Mexican National
Missouri Pacific
Central Branch
Weeseeeeee
St. Louis Southwestern
Lasiok
Ek Southern Railway
Texas & Pacific
Minneapolis & St. Louis
Ontario & Western
Toledo
Kansas City
Alabama Great Southern
Chicago Great’ Western
Denver
Rio Grande
Kanawha
Michigan
Louisville & RA
Minneapolis
MD ST
Norfolk & Wi
Southern Railway
ST. Louis & Ee
Southern Cotton Oil Company
Bankrupt William Bruce Kirkman Seeks Debt Relief
CHICAGO June 12 William Bruce Kirkman a well known Evanston society figure seeks relief from debts totaling 19300. He has no available assets and was recently connected with the National Surety Company of New York. He is a son of Marshall Kirkman, second vice president of the Chicago and Northwestern Railway Company.
MENTIONED IN THIS ARTICLE
New York Times
Chicago
William Bruce Kirkman
Evanston
National Surety Company of
New York
Marshall Kirkman
Chicago and Northwestern Railway Company
Dividends Declared by Major Firms Listed for Payment
The column flags upcoming dividend details for Mergenthaler Linotype Company Homestake Mining Company The Union Bag and Paper Company and the Manhattan Railway Company with payment dates to be published in a separate column.
MENTIONED IN THIS ARTICLE
Mergenthaler Linotype Company
Homestake Mining Company
Union Bag and Paper Company
Manhattan Railway Company
Port of New York merchandise exports rise weekly totals
Exports from the Port of New York for the week valued at 11,690,912 dollars, up from 7,571,836 the preceding week and 9,637,557 in the same period last year. Since January 1, exports have totaled 270,031,360 dollars, compared with 209,500,081 in the comparable period last year.
MENTIONED IN THIS ARTICLE
New York
City list shows insurance payouts over one million dollars
The Insurance Press publishes figures on beneficiary payments in over 4000 U S and Canadian cities last year. Twenty cities exceeded 1,000,000 dollars with New York at 18,897,097 and Montreal 1,812,086 among others.
MENTIONED IN THIS ARTICLE
United States
Canada
New York
New Orleans
Philadelphia
Buffalo
Secanten
Cleveland
Detroit
Chicago
Boston
Montreal
Baltimore
Providence
San Francisco
Washington
St. Louis
Denver
Pittsburgh
Newark
Cincinnati
Louisville
Insurance Notes Highlight Local Affairs and Legal Rulings
Skandia Insurance admitted in Michigan while Oklahoma fire agents form a state association in Oklahoma City on July 2. Indiana field men conference with Western Union fire underwriters abandoned. New York Fire Insurance Exchange meets today for routine business ahead of the June 21 General Fire Insurance Committee report. United States Fidelity and Guaranty bonds John Clark for a $6,000 to $7,000 defalcation. Minnesota Supreme Court decides Forest Lake loss suit involving J. Q. Haas agency and New Hampshire Insurance Company policy, addressing Haas's authority and policy signing requirements.
MENTIONED IN THIS ARTICLE
Skandia Insurance Company
Dorebsien
Sweden
Michigan
Oklahoma Territory
Oklahoma City
State Association
National Association of Local Fire Insurance
Chicago
Indiana
Western Union
New York Fire Insurance Exchange
General Fire Insurance Committee
United States Fidelity and Guaranty Company
John Clark
Finance Department
Minnesota Supreme Court
Forest Lake
J. Q. Haas
Sun
Freeport
Haas
New Hampshire Fire Insurance Company
New Hampshire
Assured
Bronx man accused in alleged fire insurance swindle
Oscar A. Daly of 1410 Longfellow Street was held in $3000 bail after an alleged two fire claim scheme. Fire damage from an April 19 blaze was paid at $405, then Daly claimed a second fire and damages while an Eagle Insurance Company adjuster investigated. Detective Connolly posed as an adjuster and arrested Daly with Magistrate Olmsted in Yorkville Police Court.
MENTIONED IN THIS ARTICLE
Oscar A. Daly
Longfellow Street
Bronx
Olmsted
Yorkville
Daly
Herman Victor
Eagle Insurance Company
Victor
Eagle Company
Connolly
Also Mentioned on This Page
Money and Exchange
Berlin
Bullion and Mining
Outside Securities
Union Copper
Amalgamated Copper
GoLp Hill Coprper
Electric Boat
NEW England Transportation
Viavana Commercial
Active Securities
Minhe
Alamonteeores
la Crosse
Eeeeee
Anaconda Wesecsees
Leadville
Eas
Sas
Shawnee
Little Abet
Alice Adams
Sete
Selcher Penedas Os
Moulton
Burest & Belcher
Ontario
Ghee Erika
Ophir
Caledonia
Occidental Athe
Quicksilver Hee
Com. T. Co
Quicksilver Pf. Co
P. Co
Savage Daly Ee
Sierra’ Nevada
Eaee
Father de Smet
Union
Deana
Gould & Curry
Argentum
Hiale & Norcross
Mollie Gibson
Godron
Seventh Avenue
Brooklyn City
Brooklyn, Bath & West End
Central Park
Columbus Railway
Lumbus Railway
N. Jd
N. J
Eighth Avenue Railroad
St. Nicholas
St., Man
Jersey City
Hoboken & Paterson
Kings County Elevated
Nassau Plectric
New Orleans Traction
Ninth Avenue Railroad
North Jersey Street Railway
Orange & Passaic Valley
Seconda Avenue Railroad
Sixth Avenue Railroad
Steinway Railway Co
Syracuse Rapid Transit
United Traction
Worcester
Mass
Central Union
Columbus Gas
Consolidated Gas of
Consumers’ Gas
Denver Gas
Wenver
Die Bas
Mutual Gas of
Madison
Wis
New England Gas & Coke
New England Gas & Coke Bonds
E. R
E -R. Gas Co
Standard Gas
Syracuse Gas
Marsden
Consolidated Lake Superior
Philadelphia Electric
Pennsylvania
Electric of America
Diamond State Steel
Uy. National Typewriter
Cambria
Choctaw
Philo. Trac
el. Co
Lehigh
NEW York Stock Exchange
Consolidated
Adams Express
Tst Co
Etis
Tis L & N
Arbor
T&s
Mitch Cen
Balt & Ohio
Brook R
Bkn
Coctis Canada
Ato, & T
Texas
Eeeserneree
Ebluh
AU Ee
Northern Pacific
Pac Gtd
R R& B Co
Ae & O
Ches
Cen
Ean Charns
Zu Chi & E
Bs Cc M& Stp
C& Pw
Eee
Cc & St
Ser
Dia
Coumeunee Eeeeee
Ctis
St P
Fuel & I
Brow
Saiccavecs
H & San A
Mex & P
Cacesics Gas & F Co
Bergen Co
Hock Val
Jemel Vabasdeb
Tex & Pacist
N. W. Ist
Ilveh
Steel & W
Brooklyn R. T
Ches. & Ohio
Bur. & Q
Great W
Pad
Tobacco
Federal Steel
Louis, & Nash
Pacific
N. Y. Central
West
North American
North. Pacific
Pacific Mail
Republic Steel
South
Southern R
South. R’y Pf
Tenn. C. & I
Union Pac
Wabash Pf
Treasury Balances
General Fund
Vere Ran
Busti
Delaware
T. Spuicksilver
L. W
G. W
G. W. Pt
St. J
Ans. & Sar
O. C
Cesar Doe
F. M
Uu. Ss. F. M
Wwe
Alta Hee
Andes
Belcher
I . Iy Best & Belcher
Seeree
Chollar
Con
Cal
Va Edeteessngsn
Imperial Sigweeie
Crown Poin Seer
OS Gould & Curry Pe
Hale & Norcross
Kentucky Colon
Lady Washington
Overman
Potosi
Sierra Nevada
SU Syndicate
Lust Louis Rr
Utah
Yellow Jacket
Penner
Wes
Colorado Springs
Gardner & Co
Acacia
Alamo
Argentumm
Bankers
Battle Mountain
Columbine Victor
Damon
Serene Ae
Elkton
Ewes Sues
el Paso
Findlay
Garfield
Gould
Hart
Ingham
Aces
Isdbella
Independence
Keystone
Lexington
Matoa
Mary Cashen
Ata Moon
Brig National
Pinnacle
See Ag Sul
Eeeee
Temonj
Baltimore & Ohio Southwestern
Life Insurance Payments