Market calm amid mixed signals as Wall Street trims losses
Wall Street held a cautious tone with few sectors driving gains. Declines in Rock Island, Ameri Locomotive and New York Air Brake were offset by stable prices elsewhere while wheat fell about five cents a bushel on grain markets. Treasury plans to shift $30 million in deposits on July 10 and expected gold movements could keep rates volatile.
MENTIONED IN THIS ARTICLE
Wall Street
Japan
Harriman
Russia
Paris
Rock Island Preferred
Ameri
New York Air Brake
The
Stock Exchange
Xeto
Bill
Hughes
London
New York City
Sub-Treasury
Treasury Department
New York Stock Exchange Report for June 12, 1907
Brief market summary from the New York Stock Exchange on Wednesday June 12 1907 detailing trading activity and notable price movements across leading securities. Includes commentary on demand, volume and sector performance for the session.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Calendar Today and Annual Meetings Noted
Today's calendar lists books closing and an annual meeting for the Greene Railroad and Electro Bleaching Gas Company.
MENTIONED IN THIS ARTICLE
Greene Railroad
Electro Bleaching Gas Co
Money and Exchange Rates on the Stock Exchange Loans
Money on call and time money conditions show loans around 2 percent with higher rates for longer terms. Mercantile paper and bills indicate 4 to 6 months at around 5 percent. Clearing House figures report exchanges at $268.77 million with bank losses noted versus prior week. Sterling and Continental exchange quotes list multiple rates for demand, sixty days, and cables. Regional discounts and premiums are detailed for several cities including Boston, Chicago, New Orleans, Savannah, Cincinnati, St. Louis, and Charleston.
MENTIONED IN THIS ARTICLE
Stock Exchange
Clearing House
Sub- Treasury
Sterling Exchange
New York
Boston
Chicago
New Orleans
Savanah
Cincinnati
St. Louis
Charleston
Sterl
Ioan jErie
Erie
Bs Met
Joan L S& Mich
Leh & W.B
Coal Bros & Co
Louis & Nash
Unified
Hide & L
Inesscwee Seace Stil S
Ea & T
K& T
el H & P
N.Y
Nor Pac
Klyn
St. Minn & M
Seab
M & St P
Ser UN Pac
Chi & Northwake Us R & Imp
S Steel Corp Cc
Ri&p
Ria&prr
Wab- Pitt
Col & Sa
Westingh el &M Consol Gas Co
Ceeee Duce Ste
Silver Quotations and Mexican Dollars Report
Bar silver quoted in London at 30 18-164 per ounce while New York price stood at 66 2-3 cents per ounce. Mexican dollars were stated as matin varque and reflect a coins market notice from the era.
MENTIONED IN THIS ARTICLE
London
New York
Philadelphia Prices Special to The New York Times
A brief note titled Philadelphia Prices reports on market or cost trends in Philadelphia. The item appears as a special report from The New York Times, detailing price observations within the city.
MENTIONED IN THIS ARTICLE
The
New York Times
Colorado Springs
Acacia
Isabella
McKinney
Kan
Portland
Paso
Railroads Report Mixed Earnings and Asset Totals
The periodicals list mileage and first week June figures for multiple lines including Missouri Pacific Chicago Great Western and Colorado and Southern System with from July 1 totals. It also notes earnings for Bangor & Aroostook Toledo St Louis and Western and Southern Railway, plus a market update on stock prices bonds and copper shares with several changes from prior days.
MENTIONED IN THIS ARTICLE
Missouri Pacific
Chicago Great Western
Colorado & Southern System
Central Branch
ST. Louis Spot
Southern Railway
Toledo, ST. Louis & Western
Bangor & Aroostook
Ecoes Rt
Toledo
Peoria
Sevempas ci
Surniua
Trust Co Merger Likely to Form Tile Trust Company
Directors of Equitable Trust Company discussed plans to merge with Mercantile Trust Company, both controlled by Equitable Life. A formal announcement is expected today naming the new entity the Mer tile Trust Company with Alvin W. Krech likely as president.
National Bank Note Redemption and Treasury Funds Update
Washington reports today a redemption of national bank notes totaling 765,561 dollars with internal revenue receipts of 518 dollars and customs of 1,128,908 dollars. Expenditures total 1,200,000 dollars with reserve funds at 150,000,000 and trust funds to redeem outstanding certificates at 690,829,800. Current liabilities stand at 118,260,370 dollars, with silver dollars and bullion values listed among the general fund figures.
MENTIONED IN THIS ARTICLE
Washington
National’ Bank
Mopine Treasury
Steel firm to supply open hearth rails at Gary plant
United States Steel Corporation plans to equip its Gary Indiana plant with open hearth furnaces to meet rising demand for open hearth rails. The company denies plans for a nationwide shift from bessemer furnaces and aims for production at Gary next year.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Bessemer
Bessemer Steel
The
Steel Corporation
Gary
Ind
Indiana Natural Gas & Company to Redeem Six-Percent Bonds
Central Trust Company of New York and Ferdinand Winter announce the Indiana Natural Gas and Oil Company will redeem all its first mortgage six percent bonds issued under a deed of trust dated July 1 1890. Holders may surrender bonds after July 1 1907 at 54 Wall Street or Rimols Trust & Savings Bank La Salle Street Chicago for principal plus five percent premium. Also Nassau Bank notes John Munro elected Vice President at June 12 1907 board meeting.
MENTIONED IN THIS ARTICLE
Indiana Natural Gas & Company
Central Trust Company OF
New York
Indiana Natural Gas & Oil Company
Illino
Trust & Savings Bank
Ferdinand Winter
Wall Street
Borough of Manhattan
New York City
Riinols Trust & Savings Bank
la Salle Street
Jackson Boulevard
City of
Chicago
Ill
Central Trust Company OF New York
Nassau. Bank
John Munro
Edward Earl
Multiple 1907 Dividends Declared By Major Companies
Directors across American Type Founders Manhattan Railway Western Union and other firms announce quarterly and special dividends. Record dates run through June 1907 with payments scheduled in July. Names include American Can Company Mergenthaler Linotype Aeolian Weber Piano Central Hudson, United Traction and Electric, and officials such as Morris H. Smith D. W. McWilliams M. T. Wilbur Edward L. Rossiter C. S. Sweetland.
MENTIONED IN THIS ARTICLE
American Type Founders Company
Jersey City
N. J
Canons
Morris H. Smith
Treas
Manhattan Railway Company
Interborough Rapid Transit Company
Park Row
New York
Ten O'S
W. McWilliams
Western Union Telegraph Company
Aser
M. T. Wilbur
American Can Company
R. H. Simon
Mergenthaler Linotype CO
Fred K J. Warburton
Aeolian, Weber Piano and Pianola Company
Board of Perced
WM. E. Wheek
NEW York Central & Hudson River Railroad Company
N. Y
Dusiness
Edward L. Rossiter
Eet Pee Ae Nee Teoetes Ae
United Traction and Electric . Company
Sweetland
Also Mentioned on This Page
Brown Brothers & Co
All Street
Members OF
Philadelphia
Bertron, Storrs
Griscom
Henry Clews & Co
W.L. Lyons & CO
Ae Board of Uisville
D ST. Aulisville
Keller
N.W. Harris & CO. Bankers
Pine Street
William NEW_YORK
Hicago & Northwestern
Schmidt & Gallatin
Tt Broadway
Ner & Co
William St
New York Stock
Dominick & Dominick Bankers
Broadway
Telephone
Cortlandt
Potter, Choate & Prentice
Nassau ST
Simon Borg & CO. Bankers
Investment Securities
William P. Bonbright & CO
Mdon
New TV
Georgi Bt
Colorado
S. c
Tobey & Kirk
Temple Iron CO
Dr. M. Ferguson
B. B. Wilson & CO
Consolidated Stock Exchange of
Wall ST
Btocks
Mento
John
Fulton Trust Co
PEL Garetce W
Guaranty Trust Co
Pos ST
Serples
John W. Castles
California Safe Deposit and Trust Company
San Francisco
California
David F. Walker
J. Dalzell
Brown
W. J. Bartnett
Washington Trust Company — Postal Tel
New York Times Financial and
Bryant
Times Square
Spruce St
Treasury
Julreak
Y Gov
Ask
Car & Am
Car & Found
Oundry
Eee
Lly
Tel & Tel
Baltimore & Atch
Aee F. Pf
Jilas Mining
Kiyn Rapid Tran
Ganedizg Pacific Cere
E & Hio
Paul
SCM & SP F. Siege
S R Cent. d
Colorado Southern Colorado Fuel & Iron
Consolidated
Delaware Hudson
Denver & Rio Grande
Detroit Southern Tr. R
Distillers Securities
Enews Ee
General Electric
Sass
Great Northern P
Gt. Nor. Pf. Rectar Cent. D.g Reat Nor Rm ‘Temp
New York Central
Pullman Company
Steel Spring
Ace
Rep
Ge & Steel
Roc Island Co
Rock Island Co. Pe
Southern Pacific New Stock
Southern Pac
Southern Pacific
NASA
St. & West
St. Oe
Twin City Rap
Trans
Rome
Union
P. Co
Union B P. Co
Union Pacific
Ie Union. Pacific
United Awys
Ee Ie
Steel
Cae PS
Boy Oor
Ou Tah
Wabash Sateen Eee
Wabash Pf Eee
Wu Telegraph
tFrom
Continental Exchange
Reichsmarks
Guilders
United Gas Improvement
A. C. Appleyard
Errmated Con Aeterilways
Atchicon 3
Bell Telephones
Belmont Tonopah
Mbria Steeleee Srt General Asphalt Ins. Co
N. Am
Phila. Trac
Union Trac
Ween
United Cos
United Gas Imp
Warwick Steel
Baltimore Trading
Baltimore
Northern Central Railway
Unt Railway
United Railways
Bonda
North Carolina
Carolina Central
Geo
Nor
Norfolk Ry
Tees
Cotton
Northern Central
Boston Stock Market
New-York Times
United Shoe Machinery
Utah
Lake City
Colorado Mining
Askes
Iowa
Iowa C
Iz Ak C. Bo
Panama
Ae Ieee
Sasa
D. C
M. Philip
Kn.i
Chi
Adams
K.1. G
All
Allis-C. Pf
Ag. C
St. Ry
A. H
M. Pt
Am. L. Co
Masca
Ae A. & Boz
Snuff
Ann A. Pt
T A. M
Cc. L
Beth, Steel
Beth
B. An. Gas
Bruns
M.S .Ben
A. Tel. O
Gg & AS
Bo & Win Fan
Cale G
Wy. Pft
Ts Pf
M. & St. Fae
C.F
Westinghouse Geant Con
H.b.cwsrlin
E. Ry
E. R. Pf
W. & L. E. Tilly
Rand
Oor P. Co
Wis. C. Pf
R. R
Es .M
P. Cc
St Sarcasd
St. L
Ft. &. Coess
U. R. Sec. Il
Reas. & Sar
R. Bs Cent. C
Bt. L
Nl. & Pig Tee A E. I
SCIB
Pini
Pti
Texas. Cent
Tex. C
P. L. Tr
Rys
C Ares
Estern Union Telegraph Company
Bell Tel
Chi, & W. Mich
Atchison
Boston & Albany
Am. Ag. Chem. Pf
Pneu
Edison
Massachusetts Gas
Pullman
Swift
United Fruit
United Shoe Machine
UN. Shoe Mach. Pf
Atlantic
Butte Coalition
Calumet & Arizona
Centennial Atten
Fran Lin
Greene-Cananea Temp
Guanajuato
Isle Royale Sa
Mass
Mexico
Michigan
Ao & C
Snorth
Butte
Old Colony Ee
Old Dominion
Produce Exchange
Produce Exchange Stock Department
Nevada
Alaska
Treadwell
Melvetia
Manhattan
Furnace Creek
Canada
Ontario
Camp Bird
Ts Costa F
Montezums
Idaho
Stewart Mint
Greene
Mines Co. of America
Goldfield
Bt. Ives
Beet Esereses Industrial Securities
Chicago Stock Market
Swift & Co
Chicago City Railway
Subway
Title &. & Trust
Union’ Traction
Chicago & Oak
Chicago Union Kh
Ill li
Chiwate
United Box
United Boxboard
West Ae
Pittsburg
Pitteburg
Oes
Mfra, & H
Pittsburg Brewing
Pitts. Brewing of
Avon Eee Amt
Pitts
Lawyers Title Insurance&Trust Company
Trust and Banking Department
Liberty ST
Liberty
ST. Manhattan
Edwin W. Coggeshall
David B. Ogden
John T. Lockman
Louis ¥. Bright
Henry Morgenthau
Thorwald Stalle Necht
Herbert EB. Jackson
Geof F. Butterworth
Dumont Clarke
Willia
Henry Morgenthad, James N. Wallace
Fourth National Bank
National Copper Bank
Interboro Bank
J. S. & R. D. Farlee
National Exchange Nk of
Albany
Charles C. Bullock, JR
Irving Savings Institution
Totten
Geo. B. Dunning
Harlem Savings Bank
Third Ave
124Th E Board OF Trustees
Pea
William B Trotter
Thomas R. Ebert
Bronx
Kings Bank
Seananaeie
William B Stevens
Lincoln Trust Company
Madison Square
Robt. C. Lewis
Ue Uly
Missouri Pacific Railway Co
A. H. Calef
United Fruit Company
State Street
Charles A Hubbard