Markets Drift Despite Some Trading Lapses on Wall Street
Stock activity was idle with about 175000 shares traded, the smallest in two years, as Interborough Metropolitan and other issues fell little. Wheat rallied after declines while gold export talks resumed and London Paris markets showed continued selling amid mixed bank deposit liquidity.
MENTIONED IN THIS ARTICLE
Stock Exchange
New Yorkentral
Baltimore & Ohio
Missouri Pacific
Wall Street
London
Paris
Alexandria
Egypt
Philadelphia
James J. Hill
Washington
New York
New York Stock Exchange Note from June 13 1907 Unlisted
From last close, prices shown per 100 share lots with unlisted entries. The brief record captures the day’s activity and closing context for the market snapshot.
Calendar for Today and Listed Companies
Calendar notes books close for several firms including American Chicle Co. commo and Niles-Bement-Pond Common. Mentioned entities include Assertion Smelting and Refining Co. pre fece, Rock Island and Pacific Railway, Granby Consolidated Mining Smelting and Power Co, Manhattan Railway, National Lead Co, Safety Car Heating and Lighting Co.
MENTIONED IN THIS ARTICLE
American Chicle Co
Commo Assertion Smelting and Refining Co
Rock Island & Pacific Railway
Granby Consolidated Mining, Smelting and Power Co
Manhattan
National Lead Co
Niles-Bement-Pond
Safety Car Heating and Lighting Co
Money and exchange rates on the stock and mercantile market
Money on call on the Stock Exchange loans ranged from 1% to 2% with last loans at 2%. Time money quoted at 8% for sixty days, 4% for longer terms. Mercantile paper rates 5% for sixty to ninety days, 5 to 6% for four to six months. Clearing House exchanges $271,476,820. balances $8,479,469. Local banks show a loss of $3,876,000 since Friday. Sterling steady. nominal rates $4.84% for sixty days and $4.88 for demand. Actual rates close at $4.87 for demand, 4.8365–4.8370 for sixty days, cables at $4.8750–4.8755. Continental exchange various quotes. London, domestic centers discounts and premiums noted.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile
Clearing House
Treasury
Sterling Exchange
Continental Exchange
France
Wess
Eeecnerearie
Guilders
New York
Boston
Chicago
Savannah—c
Savannah
Louis
Charleston
Silver Quotations From London New York Markets
Rareliver was quoted in London at 30 13 16 pence per ounce and in New York at ere per ounce. Mexican dollars were 6 cents.
MENTIONED IN THIS ARTICLE
London
New York
Exchange Stock Trades Noted On Produce Market
Transactions on the Produce Exchange stock department totaled 6 200 shares distributed among three mining stocks. Prices shown include opening, high, low and last for Mont of C WR 2.25, Tramps Con .70 to .76, and Branch Mint .14 with 30 day seller terms. Bid and asked prices in principal issues listed at market close yesterday.
MENTIONED IN THIS ARTICLE
Produce Exchange Stock Department
C.wr
Old Dominion Utah Fluctuations Amid Market Quiet
Boston stock activity centers on Old Dominion and Utah with minor movements. Utah drops over 8 points amid mine rumor liquidation while United Shoe Machinery rises to 66 in steady demand. bond and stock quotations follow with diverse figures and few transactions, reflecting a constrained session.
MENTIONED IN THIS ARTICLE
New York Times
Boston
Old Dominion
Utah
United
Board of Directors Reorganize B and O Legal Dept
The Baltimore and Ohio Railroad board yesterday restructured the legal department. Hugh L. Bond Jr. was named president and general attorney, with John G. Wilson as assistant general attorney and Herbert R. Preston as assistant general attorney and deputy general.
MENTIONED IN THIS ARTICLE
B. & O. Legal Corpe
Baltimore & Ohio Railroad
Hugh L. Bond, Jr
Dad
Atorney
John G. Wilson
Herbert R. Preston
Market steadies as Appleyard stock trades slip then bounce
In Philadelphia on June 13 the solvent status of A. E. Appleyard is confirmed and safeguards for investors are arranged. Trading opened near 92 percent, dipped to 91, then last sales reached 91 4 percent, with a 3 point gain on 21 782 shares. Trading included Belmont, Cambria Steel, Philadelphia Electric, and Philadelphia Traction among others.
MENTIONED IN THIS ARTICLE
New York Times
Philadelphia
A. E. Appleyard
United Gas Improvement
Belmont Ton
Brooklyn
D Tran
Cambria From
Cambria Steel
Ose
Jae Nav
Pehedeapnie Ge R. R
Philor
Philadelphie
Phila
Philadelphia Traction
North American rail mileage and earnings figures summary
A 1905 1907 table lists mileage figures for Canadian Northern Central of Georgia Mineral Range Chicago Indianapolis Louisville Duluth South Shore Louisville and Mobile and Ohio with weekly June totals and July 1 to June 7 periods. It also records Columbus Electric Company earnings for April 1907 versus 1904 including gross earnings taxes and operating expenses.
MENTIONED IN THIS ARTICLE
Chicago
Indianapolis
Louisville
Duluth South Shore
Louisville & Aa
Mobile & Ohio
Ee Peoria A & Ests
Columbus Electric Company of
Columbus
Imp
Manhattan Savings Institution declares semiannual dividend
The trustees of Manhattan Savings Institution at 644 646 Broadway announce interest rates for deposits: four percent per year on sums up to 1000 and three and a half percent on the excess up to 3000. Interest applies to three or six months ending May 30, 1907 and is payable after July 15, 1907. Deposits before July 10 earn interest from July 1, 1907. Joseph Bird president Frank G. Stiles treasurer Constant M. Bird secretary.
MENTIONED IN THIS ARTICLE
Manhattan Savings Institut
Broadway
New York
Joseph Bird
Frank G. Stiles
Crete
No United Railway Dividend Declared Amid Labor Strife
United Railways Investment Company will not declare the July 1 dividend on preferred stock due to labor troubles. Directors prefer to support United Railroads of San Francisco, its subsidiary operating Frisco streetcars, and have paid two semi annual dividends as scrip since last April. Officials say service is expanding as they push toward headway against strikers.
MENTIONED IN THIS ARTICLE
United Railways Investment
San Francisco
United Railways Investment Company
United Railroads of
Frisco Street Railways
Mississippi Bond Redemption Movement Gains Backing
Public figures in Mississippi push to redeem the Planters' and Union Bank bonds known as repudiated bonds. Leaders include William S. McAllister of Canton and Bishop Charles B. Galloway, ex Chief Justice J. A. P. Campbell, with about 8.5 million dollars of bonds outstanding largely held in the North.
MENTIONED IN THIS ARTICLE
Mississippi
Union Bank
North
William 8. McAllister
Canton
Miss
Charles B. Galloway
Missisae
J. A. P. Campbell
Post Reinstated After Suspension From Stock Exchange
Henry M. Post, floor member of Post Bros. & Co., was reinstated on the Stock Exchange yesterday after a suspension of a little over three months for an infringement of rules. The six month sentence began February 27 but governors shortened it by about half. The case alleged that his firm cleared two stock transactions for a clerk from another exchange house. the defense claimed it acted on orders for the clerk's firm.
MENTIONED IN THIS ARTICLE
Henry M. Post
Stock Exchange
Post Bros. & Co
Post
Exchange
Metals Prices Slide in London and New York Markets
Copper and other metals fell in London and New York with 4 percent cut across grades on the New York Metal Exchange. London spot opened at £95 and closed there, futures at £91 108, copper in New York bid hits quoted around 24.25 to 22.00, while tin and other metals showed weakness and mixed warrants.
MENTIONED IN THIS ARTICLE
London
New York
New York Metal Exchange
Standard Foundry
Middlesboro
Bidding Drives Chicago Traction Prices Overnight
Special to The New York Times reports Chicago traction bids with West Chicago advancing to 34 and 32, closing at that level, while North Chicago receipts rose to 43 before noon.
MENTIONED IN THIS ARTICLE
New York Times
Chicago
West Chicago
North Chicago
Treasury figures show receipts and reserves in June report
Washington reports today totals for national bank notes redeemed 1,027,266 dollars and internal revenue receipts 1,011,912 with expenditures 1,610,000. The Treasury lists a gold reserve of 150,000,000 and trust funds to redeem outstanding certificates 681,588,860 along with silver dollars totaling 1,163,969,869 and current liabilities 118,934,097.
MENTIONED IN THIS ARTICLE
Washington
SON Veciseepeess
Baltimore Merchants and Miners bonds rise in trading
Merchants and Miners Transportation Company certificates advanced, with shares at 85 and bonds around 17,000. Other rail and coal concerns such as Atlantic Coast Line, Coal & Iron, Carolina Central, Piedmont, United Railways show varied prices and points in a broad market update from Baltimore.
MENTIONED IN THIS ARTICLE
New York Times
Baltimore
Atlantic Coast Line
Coal & Iron Ry
Carolina Central
Piedmont
Geapenre
United Railways Pa
The Lotos Club Bond Called for Redemption
Notice that the entire series of second mortgage bonds numbers 1 to 90 issued under the 1903 mortgage are called in for redemption on August 1 1907. Funds to pay principal and accrued interest will be deposited with Lawyers Title Insurance and Trust Company. Bonds and coupons maturing on or after August 1 1907 to be presented at 59 Liberty Street Manhattan New York. May List 1907. Secretary Alexander C Humphreys.
MENTIONED IN THIS ARTICLE
Ee Central Trust. Company OF
New York
INDIANA NAT_ L GAS & OIL COMPANY
Illinois & Savings Bank
Ferdinand Winter
Wall Street
Borough of Manhattan
New York City
Illinois Trust & Savings Bank
la Salle Street
Jackson Boulevard
Chicago
Ill
Elf
Lotos Club
Central Realty Bond and Trust Company
Lawyers Title Insurance and Trust Company
Central Realty, Bond and Trust Company
Lawyers Title Isurance and Trust Company
Liberty Street
Borough of
Manhattan
City
Alexander C. Humphreys
Dividends Declared by Kansas City Southern Railway and Related Company
Dividends are announced for two railway firms. Kansas City Southern Railway declares 4 percent on preferred stock for year ending June 30 1907 payable July 1 1907 to stockholders of record June 10 1907. Transfer books close that day at 3 PM and reopen July 1. Checks will be mailed. A second note from Detroit Mackinac Railway and Henry McHarg 40 Wall Street confirms a 2 1 2 percent preferred stock dividend payable July 1 1907 to stockholders of record June 35 1907 with transfer books closing June 15 and reopening July 2.
MENTIONED IN THIS ARTICLE
Detroit & Mackinac Railway Co
Wall St
New York City
Henry
McHarg
Wall Street
New York
Co. B
Colebrook
Dividend Declarations From Mutual Alliance Trust and Others
The Mutual Alliance Trust Co declares a four percent semi annual dividend payable July 1 1907 to shareholders of record June 20 1907 with transfer books closed that day at 3 PM and reopened July 1 1907 at 10 AM Webb Floyd assistant secretary New York June 13 1907 Also Minneapolis and St Louis Railroad Company in New York declares a two and one half percent semi annual dividend on preferred stock payable July 15 1907 to holders of record June 30 1907 transfer books closed June 29 and reopened July 16 F H Davis treasurer At a regular meeting Coal and Iron National Bank New York declares a quarterly dividend of one and one half percent payable July 1 1907 to stockholders of record at close of business June 12 1907 A H Day cashier
MENTIONED IN THIS ARTICLE
National Exchange Bank of Albany
Anew
New York
Arles Bullock, JR
Car & Found
Weaee
Baltimore
Ohio
Brooklyn
Canadian Pacific
Central Leather Co
Central R. R
Chi. Gt. West i
Ases
Chi. Mil
St. Paul
Eer R
Chicago & Ron Rthw
BO Colorado Fuel & Iron
Colorado Southern
Consolidated Gas
Delaware & Hudson
Denver & Rio Grande
Detroit United R
Great Northern
Mackay Cos
Gis
St. P
T. P
S. S.m.pf
Joo Mo
Kan
Texas
Texas_ pf
Missouri Pacific
Nat. Enam. & Stamp
National Lead Co
Newhouse M *& O
Tly
N. Se Air Brake
New York Central
Northern Pacific Sa
N. P. Rets
Pennsylvania
Pullman Company
R' Way Steel
Ween Rvgg
R'way Steel
Eae
Rock Island Co
Sloss-Shef
Iee
Southern Pacific Eee
Pacific Ights
Southern Pacific
Tee
R'way
R'we
Tennessee Upper
St. L
Pn Rys
U. Cast Iron
U. ” Steel
Wee Na
Utah Copper
Caro. Chemical
Wa.Caro. Chem. Pf
Western Union Tel
Aske
Bf. M. Pf
Ss. R
Jowa
Chi
M.r
C. S. Pf
Iwo4ik
D. M
D. C
Philnp
K-1
Adams
Lacl
G. Pf
Aw. & Sus
le &É
Ilea&w
Mis-Chalm
Long Island
Ag. C
Man. Beach
Man
Maryl
Coal
St. R
L. Co
N.C
Estes
Safi
N. Cent. C
H. A. SR. Pft
Ann Arbor
Ann A
A. M
Balakiala
D. Batopilas
Beth. Steel
Beth. St
B. UN. Gas
Bruns
Buth Co
Canada
Neug
St P
É& S
P. C
Cc & Pac
Ches. &.C
C&a
PCC
C. Bo & Yw. Lee
SRM
Goganes
Sovaivece
Seo, C
N. W
M. Kens
U. Tr
Stl
W. C
Wich
Cl & Pittsieg
Consol
Ts West
R. G. IB
Poa
Resia
Pac
Cig
S. M
Cc. Co
Vall &c
Ch. Co. Vulcan Det
Sceseva-Oo
Val DD
G & 3S
Wabash Pf
Granby Con
W.F
H.carun
E. Ry
Westinghouse
Hock
W. R
Westing
Hock. V
Central
Mutual Alliance Trust Co
Beaver St
Grand 81
Webb Floyd
Minneapolis & St. Louis Railroad Co
F. H. Davis
Coal and Iron National Bank
City of
A. H. Day
van Norden Trust Company
Artiur King Wood
Knickerbocker Trust. CO
Fred’ Gore King
Mechanics and Traders’ Bank
Hursday
A. At. Dederer
Jefferson Bank
Canal and
Forsyth Sts
Board of Direct ‘Ld
W. H. Devlin
Nineteenth Ward Bank Declares Quarterly Dividend
The Directors announce Dividend No 24 of 2.5 percent payable June 23, 1907 to stockholders of record June 20, 1907. Transfer books close June 20 at 38 PM and reopen July 19 at 10 AM. John N Van Pelt, cashier.
MENTIONED IN THIS ARTICLE
NINETEENTH _ WARD BANK
John N. van Pelt
Castier
Notice of Registration Books Closure for The Railroad Securities Co
Notice states that the books for the registration of The Railroad Securities Company Central Stock Interest Certificates Series A will close on June 1 1907 for the regular dividend due July 1 1907. Books reopen July 24 1907. CHAS C TEGETOFF treasurer.
MENTIONED IN THIS ARTICLE
Railroad Securities Company
Ihingis Central
Chas. C. Tegetoff
Stock transfer books closed for Mattlage and Sons meeting
The transfer books for both preferred and common stock will be closed at 3 PM on May 29 19 7 and reopen at 10 AM on May 17 2 Fees 1089 Gay ClounT by order of the Board of Directors Secretary Alex Millar The Mattlage and Sons annual stockholders meeting will be held at 335 Greenwich St on June 22 1307 for purposes of electing directors and transacting other business as may come before the meeting.
MENTIONED IN THIS ARTICLE
Gay Clount
Alex. Millar
C.F
Mattlage & Sons
Mattlage, & Sons
Greenwich St
Weatel Kod
Also Mentioned on This Page
Spencer Trask & Co
William & Pine Sts
Celluloid Co
American Chicle Com
Amer’n
Buffalo Gas Ist
National Sugar
Intn
L Banking Corps
Mobile & Birmingham
St. Louis & Sub
G. M
Audit Co
N. Y
Ocean Steamship
United Lead
Central Fireworks Com
Lackawanna Steel
Tobey & Kirk
Broad St
Broad
H.W. Bennett & CO
National Water Common
Singer Manufacturing
Hall Signal
United Bank
Frederic H. Hatch
United States
Alfred. Hestre
Wy Oak
Lincoln & CO
Avercial Trust
Ae York
PANY
Aes
Nue Oe ‘ Trust Co
135Th Street
Columbia
State of
Nassau ST
Adelaide
Toronto
THE
Indiana Natural GA
Central Trust Company OF New York
Financial . Markets
Marke E
NEW York Stock , Exchange
the New York Times Weekly Financial Quotation Review
Times Square
Spruce Street
Produce Exchange
Alaska
Treadwell
Arizona
Helvetia Danee
Troy Manhattan
California
Furnace
Ontario
McKinley-Darragh
Nipissing
Portland Gold
Costa Rica
Montezume
Mexico
Greene Gold-Silver
Adevee Ary E24 Mines Co
Aed National Bank
Tramps Goldfield
Nevada
Black Butte
Goldfield
OTS
Goldfield Delsy
Ivogio
Industrial
NEW York Stock Exchange
Cnv
Joan
Oswee
Nestern Loan
Erie
Gulf & Ship
Metro
Nt & Gt Nor
Ieee
Behess
Brown, Bros & Co
Ctis Stern Ewes
Anne Wenn
H&p
Tee Bees
Reese
Seeennee
Owen Eee
Ir & R
Union Pac
Adams Express
Neta Heen Alb & Susy Ste
Coast Line
N'S
Iil
Pac Ry
Indgen
el & Mfg
Boston Stock Market
Am. Tel
CJU. & SY Bs
Ois
Atchison Vis
Eee & Worcester
Fitchburg
Sosaiedonse
Rts
Pneu
General Electric
Mergenthaler
Pullman
Oseae
Torrington
Torringt
Swift & Be
tAdventure Ae
Arizona Commercial
Balakalala Temp
Bingham
Bonanza
Island
Santa Fe
Shannon
Tamarac
Trinity
United Eee
Victoria
Standard Stock Exchange of Toronto
the Consolidated Exchange
Ar & F
F.rgts
Balt
Brook
Chio Gt
Col
Inter.Met
Inter.-Met
Packiee
N. Y. Central
Pacific
Reading
Rock Isle
Southern Pac
Southern Hy
Union Pacific
U. . Steel Pf
Wabash Pr Ses
West
Union
Atlanta
Batopilas
C. Creek
Con. Cal. & V
Diamondfield
Tono
Jim Butler
Leadville
Cs.et Lo
Lone Star
Pitts
Triangle
United States Mortgage & Trust Company
Bway
Ave
125Th St
Bishop Building
126Th St. & St. Ave
A. Stuai
Ary Place
R. H. ¥. Hutchinson
United Railway
H. M. Post
Metal Market Reports
Chicago Stock Market
Desire
Am Shipbuilding
Chicago Subway
National Biscuit
Nationa Carbon Aeeee
North Wemgo
Seers-Roebuck
Seers-Roe
Swift & Co
United Box Board
the Treasury Balances
Baltimore Trading
F. . Prentiss
Kansas City, Southern Railway
Omer
R. B. Sperry
Pacific Railroad CO
Union Pacific Railroad Company
Salt Lake City
Stockhoven
Belmont Land Company
Bangs & van Sinderen
Breed Street
City of New York
Bayside
A H. H. Baldwin