Wall Street Rumors and Market Dullness Weigh Stocks
Traders faced a muted session with rumors of a major pool or coordinated move to lift prices. Industrials fell while New York New Haven Hartford advanced. wheat weak in Chicago and a Alaska gold shipment to Seattle noted.
MENTIONED IN THIS ARTICLE
Chicago
New York
Rock Island Preferred
New York, New Haven & Hartford
Bond Syndicate Moves To Extend Central Ohio Debt
Steps were taken to extend the bond syndicate led by Thomesern Brothers & Co and Edward Sweet & Co for the $7,000,000 Central bonds. The agency aims to favor a longer extension and new construction plans amid regulatory and market considerations.
MENTIONED IN THIS ARTICLE
Thbesern Brothers & Co
Edward Sweets& Co
Outside Sec urities Heinze Stocks Rally On Market Turnaround
The curb market ends fractionally higher despite light activity with United Copper at 65 and Heinze stocks recovering from yesterday’s dip. Davis Daly sells 500 shares to 12 124 and Dominion Copper dips, closing modestly lower amid few gains in outside issues. Subway leads strength at 21% from 20% with 1 600 shares traded.
MENTIONED IN THIS ARTICLE
Chicago Subway
United Copper
Davis-Daly
Dominion Copper
Tob. Pf
Water. Co
N.J
West. Ice Co
Chi. Subway
Barnes-King D
Bonanza Creek
Brit. Col
Butte Coalition
Butte & N. Y
Cobalt Central
Colusa-L. Ext
Cumb.-Ely
Dominion
Douglas Copper
Ely Central
Ely
Mace Cr. C
Giroux Mining
Greene G
S. Pf
King Edward
Micmac G. M
Mitchell Co
Mont.-Shoshone
Nev
N.U. Raf
Nip
Mince Co
Ueng
North B. Ext
Old Hun
Pitts
Z. Ke
Portland
Silver
Stewart
Tonopah Bel
Trethewey Eee
Union Mines
Stock Exchange Listings Prompt New Securities For Admission
The stock exchange admitted several securities yesterday led by United States Rubber Co with 800000 worth of first preferred stock and extensions to Nov 4 1907. Additional first and second preferred shares bring total authorized listings to 8676000 first preferred and 10000 second preferred. Central and South American Penny and Knoxville Cincinnati line bonds also appear with 400 added shares and per cent coupon bonds due.
MENTIONED IN THIS ARTICLE
Stock Exchange
United States
Nashville Railroad
Knoxville
Cincinnati Vision
European Markets Report London Paris and Berlin June 12
Financial news from London Paris and Berlin noting firm British securities gains in underground rail stocks and yen weakness. Tokyo markets show mixed moves while American securities rally midday then soften. Bank of England bullion intake 179000 pounds and gold premiums quoted. Paris and Berlin open weak then recover with exchange rates and discount rates listed.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Paris
United States
New York
Union Pacific
Canadian Pacific
Bank of England
Madrid
Lisbon
Berlin
American Mining Stocks In London Prices Receiver Yesterday
Prices for American mining stocks were received from London yesterday. Listings include Camp Bird 3 pounds 12 shillings 8 pence, Esperanza 8, Tomboy 12 pounds 8 shillings, Dolores 1 pound 15 shillings, Stratton's Independent 3 pounds, with other figures incomplete.
MENTIONED IN THIS ARTICLE
London
Esperanza
Dolores
el Ofo
Stratton
Speakers Debate Merger of Boston & Maine with New Haven
Boston June 12 The Legislative Committee on Railroads opened its third day hearing on Gov Guilds push for railroad consolidation. Worcester merchant J Russell Marble criticizes Fitchburg merger as no help. Boston Fruit and Produce Exchange backs a fall special session. Daniel J Kiley cites Dem State Committee concerns. Be Preston notes ocean line mergers harmed Boston commerce. Committee votes to invite the Attorney General and Railroad Commission chairman to private session for input.
MENTIONED IN THIS ARTICLE
Boston
Gov. Guild
Boston & Maine
New Haven
Legislative Committee On Railroads
State House
J. Russell Marble
Worcester
Fitchburg
George W. Moore
Boston Fruit and Produce Exchange
Ocean Lines
Railroad Commission
Securities disposed of at Exchange Salesroom yesterday
A list of securities sold at auction at the Exchange Salesroom 14-16 Vesey Street by Adrien H. Muller & Son. Items include Sutro Tunnel Company at $10 per share, and numerous railway and railroad shares with prices such as $23, $100, or percentage values, along with bonds and preferred stocks. The fragmented OCR notes many company names and prices, indicating widespread liquidations of railroad, utility, and telegraph issues.
MENTIONED IN THIS ARTICLE
Chicago Northwestern
Union Pacific
Consoli- Gas
Delaware & Findson
Pullman Company
Exchange
Vesey Street
Adrien H. Muller & Son
Sutro Tunnel Company
New York Society Chenanga, & Binguebanna
Utica
Canee Western Railway
Interborough-Mellon Railway
Omapeny
Ware & Boundrock Railway Company
Hares Delaware Hudson Company
Essex Railroad Company
Chienbe Minasties
Paul
A Consolidated Gas Company
Kansas City, Fort Scott & Memphis Railway Company
Carnegie Trust Company
Attac
Nti & Raiway Company
Brunswick
Birmingham
New Jersey Incorporations List Highlights Several Firms
The record notes several Newark and Passaic based incorporations including 8 P Johnson Company with 10 000 capital and names Samuel P Ard Williams William R Scheof Milton N Johnson along with Elastic Metallic Packing Company capital 30000 and incorporators James M Meade Paul F Quifilan.
MENTIONED IN THIS ARTICLE
P. Johnson Company
Newark
Samuel P. Jard
Williams
William R. Scheof
Milton N. Johnson
Wisin Occanine
Nford M. Leffray
EB. Wilson Harvey
Ada H. Harvey
Elastic Metallic Packing Company
Ees Capital
Inocorpora Egul
James M. Meade
Paul F. Quifilan
Paul L. Freeman
Passaic
Capital
Eee
Necorpersiors Arges B
Travelers' Letters of Credit Payable Worldwide
Advertisement for The Farmers' Loan and Trust Company listing offices in New York London and Paris. Notices indicate letters of credit bills of exchange cheques and cable transfers available through branches at 16 18 20 22 William Street and 475 Fifth Avenue New York along with London Bishopsgate and Paris Rue de Richelieu.
MENTIONED IN THIS ARTICLE
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
New York
Cotton Market Forecast and Prices Sentiment
The Federal Weather Bureau forecasted fair conditions across cotton states including North and South Carolina Georgia and Florida with varied winds. Cotton markets opened steady then softened amid Wall Street liquidations and dry goods house rumors. spot prices held firm with mild declines and mixed regional results across Galveston Norfolk Houston New Orleans and Dallas markets.
MENTIONED IN THIS ARTICLE
Washington
Federal Weather Bureau
North Carolina
South Carolina
Florida
Georgia
Alabama
Mississippi
Louisiana
Texas
Oklaho Indian Territory
Arkansas
Fair Thy
Tennessee
Kentucky
Wall Street
Orleans
Aay
Ccceessee
Gulf
Galveston
Norfolk
Houston
New Orleans
Memphis
Cortelyou Seeks Return of 30 Million in Public Deposits
Secretary Cortelyou issued a call for the Treasury to reclaim 30 million dollars of public deposits held by national banks as special deposits since September 27, 1906. The move aims to stabilize the money market as 4 percent bonds maturing July 1 are redeemed, with about 37 million outstanding before further reductions this month. The government will retain roughly 6 million of the total needed to redeem the 4 1/2 percent bonds of 1907.
MENTIONED IN THIS ARTICLE
Treasury
Washington
Grain and Provisions Market And Pere Marquette Settlement
Grain markets show wheat and corn price movements amid wet westward weather and strong foreign demand. Reports cite Canada Northwest harvest at 101,000,000 bushels with 8,000,000 export surplus and Russia crop about 800,000,000. Pere Marquette settlement terms still pending details and formal announcement for financial rehabilitation and receiver discharge.
MENTIONED IN THIS ARTICLE
Liverpool
Winnipeg
Canadian Northwest
Russian Department of Agriculture
Russia
New York
Duluth
Pere Marquette
Pére Marquette
M&s
NO FIGHT ON U P BOND ISSUE SEEN
Union Pacific investors show little opposition to the convertible bond issue to be voted at a Salt Lake City meeting this Saturday. B H Harriman dodges predictions while noting proxies are arriving in record numbers, suggesting strong support among stockholders.
MENTIONED IN THIS ARTICLE
Union Pacific
Salt Lake City
Union Pacifica
B. H. Harriman
Union Pacific Management
Iriman
New York Incorporations Reported in Albany List
Special to The New York Times from Albany lists multiple New York incorporations with varied capitals. Entries include Shoninger Brothers Manufacturing Laces with 100000 capital and directors in New York and Paris, plus several other firms such as Traver Blowout Patch Manufacturing and Belling Company, Realty Company, Timberlake Steam Road, and various regional mobility and development concerns with capitals ranging to 100000.
MENTIONED IN THIS ARTICLE
Albany
Incorporated
Eee Capital
L. T. Walter, Jr
Rockaway
Comineola
Capita
Derecere Te Timberlake
Eamberlake
New York
J. G. Gash
Bette D Dust Company
Capital
E Miller
Theodore Re Feeerot
R. R. Rickargos
Ritter
Cy “Bernetnd
O. Vannett
E. Long Hoboken
N. J
New
Eth Tres Association
Lew Ne
Pittsburg to Chicago rail service cuts 25 minutes
Vanderbilt controlled Pittsburg and Lake Erie Railroad starts a daily Pittsburg to Chicago train with a schedule twenty five minutes faster than the fastest rivals. Lake Erie trims Cleveland stop time saving an hour on connections and lowers Chicago trip rates by fifty cents.
MENTIONED IN THIS ARTICLE
New York Times
Pittsburg
Chicago
Vanderbilt
London metal market edges lower with copper leads decline
Copper futures and spot prices fell in London trading with spot at 96 pounds and 64 pence and futures at 93 pounds 64 pence. Tin closed at 185 pounds 10 shillings for spot and 180 pounds 10 shillings for futures while Spelter held at 24 pounds 64 pence and Lead rose to 20 pounds 64 pence. Warrant prices eased for stand and Midlesboro with bids and asks noted on York Metal Exchange.
MENTIONED IN THIS ARTICLE
London
Midlesboro
York Metal Exchange
Wald and Wald firm dissolved and Freidman admitted
Dissolution of H WALD & BRO done by mutual consent on May 14 with A FREEDMAN admitted. All liabilities and accounts to be settled by WALD & FREEDMAN. MAX PINCUS CO. also dissolved by mutual consent. Business to be carried on by MAX PINCUS at 112 Grand Street with A LUSTER and O WEINSTEIN involved.
MENTIONED IN THIS ARTICLE
Henry Wald
Jacob Wald
A. Freedman
Wald & & Freedman
MAX Pincus CO
MAX Pincus
Grand Street
D A. Luster
Weinstein
Sealed bids on coal and beef for Central Park Menagerie
The Parks Department auction notice calls for sealed bids or estimates to be received by 3 PM June 20 1907 at the Arsenal Building Fifth Avenue Manhattan for coal delivery and beef for the Central Park Menagerie. Commissioners Herrman Berry Kennedy date June 8 1897. A public hearing on Assembly Bill 2712 Int 1866 amendments to Greater New York Charter set for June 14 1907 at 1 50 PM in City Hall. Mayor George B. McClellan signs? This notice posted June 11 1907.
MENTIONED IN THIS ARTICLE
Department of Parks
Arsenal Building
Fifth Avenue
Sixty-fourth
Manhattan
City of
New York
Park Board
Central Park
Moses Herrman
Joseph I. Berry
Michael J. Kennedy
Commissioners of Parks
Greater New York
City Hall
George B. McClellan
26Th Street
Gray's Ferry Road
Philadelphia
F. G. Hodgson
T. Ee Ee
U. S. Army
Whitehall Street
New York City
N. Y
War Department
Washington, D. C
D. In
Brainard
Sixty-fourt Street
Borough of Manhattan
Queens
Engineers
Remsen Stree
Brooklyn
Bronx Local Improvements in 24th Ward Public Notice
City records announce the Board of Revision of Assessments confirms new assessment for Bronx 24th Ward East 189th Street works including regulating grading curbing flagging cross walks building approaches and fences from Park Avenue to Southern Boulevard. Sealed bids for Sand and Broken Stone Contract 1 082 due by June 19 1907 at Pier A Dock Bureau.
MENTIONED IN THIS ARTICLE
Board of Revision of Assessments
Bronx
24Th Ward
East
189Th Street
Park Avenue
Herman A. Metz
City of
Department OF Docks and Ferries
Pier A
Battery Place
Borough OF
Manhattan
12Th Ward
ST. Nnc Avenue
Amsterdame
167Th Street
ST. Nnc
Deere - Ie Ie
City of New York
Corey Won’t Join Schwab In Bethlehem Steel Link Denied
Charlies M Schwab denied reports that William Ellis Corey would join Bethlehem Steel after resigning as United States Steel president. He praised Coreys talents and lifelong friendship, saying no such plan ever entered his head and that Coreys involvement is impossible.
MENTIONED IN THIS ARTICLE
Charlies M. Schwab
William Ellis Corey
United States Steel Corporation
Bethelehem Steel Corporation
Schwab
Mr. Schwab
Corey
Mr. Corey
Bethelehem Steel Company
Minnesota Steel Corporation Formed in St Paul
Min sota Steel Corporation is incorporated in Minnesota as a branch of United States Steel. W E Corey serves as director and the firm plans a Duluth steel plant costing about 10 million dollars to produce rails and structural iron from mined ore, saving freight to and from the Northwest. William B Dickson is president, George L Reis vice president, William J Elbert secretary and auditor, Richard Trimble treasurer.
MENTIONED IN THIS ARTICLE
Northwest
William B. Dickson
William J. Elbert
Richard Trimble
New York Central Declares Dividends for Major Lines
Directors of the New York Central and subsidiaries declare dividends including 1% for New York Central, 6% semiannual for Lake Shore, and 3% for Michigan Central. Reports say the Central may finance Ever through debentures if it buys New Haven’s stake in NY O W, but no issue arrangements have been made.
MENTIONED IN THIS ARTICLE
New York Central
Central
Lake Shore
Michigan Central
New Haven
New York, Ontario & Western
Knickerbocker Trust adds assistant underwriter
Archibald G. xingee associates an additional Assistant ensurer of the Knickerbocker Trust Company. Joseph Bryan of Richmond Va elected yesterday a Director of the Virginia Carolina Chemical Company to fill the vacancy from Ramuel Spencer's death. Delaware Lackawanna and Western moves offices to Carroll Building 90 West Street. Bow Bank rate confusion clarified. applies to Bowery Savings Bank not Bowery State bank. Special stockholders meeting for New Jersey Long Island Railroad scheduled June 26.
MENTIONED IN THIS ARTICLE
Archibald G. Xingee
Knickerbocker Trust Company
Joseph Bryan
Richmond
Virginia-Carolina Chemical Company
Ramuel Spencer
Delaware, Lackawanna & Western Railroad
Exchange
New Carroll Building
West Street
Cedar Street
Bow Bank
Bowery Savings Bank
The
Bowery
Comastrasen
Ew York & Long Island Railroad
Crescent Fae
Cennsu
New Jerse Long Island Railroad
Banks gauge uncertain London Underground fare rise
Banks reported from London that a 50 percent fare advance on July 1 for the London electric railways was not yet definite but likely to be put into effect. The move would benefit many holders of Underground Railroad securities as market conditions stay favorable. The business handled by the company appears profitable.
MENTIONED IN THIS ARTICLE
London Underground Railhoad
London
London Electric Railways
London Underground Railroad
Memphis seeks bids for 200000 water bonds in 1907
Sealed proposals due June 17 1907 at Memphis City Clerk for purchase of 200000 Memphis water bonds in 1000 denomination each. Bonds dated May 1 1908 mature 30 years, 4 percent interest semi annually, secured by water plant trust deed and city tax levy, numbers 1682 to 1851, for plant upgrades. Bid must meet par plus accrued interest with 5000 bank check. city may reject any bid.
MENTIONED IN THIS ARTICLE
Memphis
Tenn
Memphis Water
Memphis Trust Co
United States Mortgage & Co
New York
General Assembly
State of
Tennessee
City of
Ennis M. Douglass
J. J. Williams
Bank of Discount Dissolution Notice in New York
Supreme Court of New York County orders dissolution of The Bank of Discount. Creditors must submit claims with vouchers to 315 West 59th Street, Manhattan, to Joseph G. Robin president and William L. Brower cashier, dated May 29 1907. Attorneys for petitioner Lexon Mackellar & Wells.
MENTIONED IN THIS ARTICLE
Supreme Court
County OF New York
Nn Bank OF Discount
Thenk of Discount
West 59Th Brrest
Borough of Manhattan
City of New
New York
Bank OF Discount
Joseph G. Robin
WM. L. Brower
Lexon
Mackellar & Wells
Petitioner
Also Mentioned on This Page
Alaska
Seattle
Pacific Coast
Outside Securities
Heinze
Davis-Daly Estate
Obacco
Riting
Atchison Con
W. Is
Barnes-Kinng
Bonanza Crees
Boston Copper
British Co
Butte Coalition Settee
Central Foundry
Pesees
Colonial Silver
Cumberland-Ely Min
Davis-Daly Seeee
Ely Central Tee
Gold Hill
Greene
Greene-Cananea
Havana Tobacco Oer
Manhattan Transit
America
Micmac Gold Mining
Mitchell Mining
Vada Con. Cowper
Cuba
Nevada-Utah
Stewart Mining
Waterbury Co
Western Ice Co
the Consolidated Exchange
Eales
Wocom
Une
Al.Chalmers
Asi
Halt. & A
Low Brook
Can. Pacific
Ctet
Pacific
Puuayivans
Pt. Steel
Rock Isl Rep. Steels
Southern Poe
Pac
Railway
Ae Im U. Rubber
Be U % Steel
Steel
Ratopilas Poadeser
Belshazzar
Cal. & V
Comstock
Jim Butler
Gibraltar
Julia Atheeee
Ophir
Red Hill
Foreign Public Securities
Seccesseess
Saxony
Hamburg
Augsburg
Frankfort
Vienna
Lon
Don Equiyv
Ch'ge
Atchison Setae
Can
St. Paul
Erle Ist
Ces
Ilinois Central
Louis, & Nash
Lll Y. Central
Pennsylvania
Se. Pacifi
U. S. Steel Plo
New Jersey
Bishopsgate St
Cotton States
Cortelyou
Ing
Posits
Grain and Provisions
Ishas
Orn
Seves One
Bat
Sez Nemmer Eee
Uly. Ecceeens «St
Bep
U. P
Harriman
Lake Erie
Metal Market Reports
AN Francisco
Alta Scovee
Alpha Andes
Belcher
Con
Union
Crown Utah
Kendall
the Trust Company of America
Cerema
Broadway
Wall GT
Copartnership Notices
Bethlehem Steel
U. S.S. Steel Plant
Ontario & Western
Financial Notes
Cartermaster
Whitehall St
Patten
Fort Wadsworth
U. S
Edmund T. Weisel
Q. M
British Columbia
Nevada Copper Stewart Mining
Cumberland Ely Cobalt Central
Silver Queen
Nevada
Utah Union Mines
Whiteknob Mitchell Micmac
J. Thomas Reinhardt
Broad St
Abe
Joseph Ad West