Market Dull on Wall Street With Sparse Trading
Wall Street saw an exceptionally quiet session with many brokers absent from the floor and scant orders. Limited board quotes and a dwindling number of active stocks highlighted cautious sentiment as bond and municipal offerings drew attention amid potential money stringency.
Wheat market chatter on possible premonth price flurry
Grain traders sense a pending wheat fluctuation before month’s start while noting the line of holdings may not be fully liquidated. The market remains cautious as questions linger about the complete extent of the line in wheat.
European Markets Quiet Amid Mixed North Atlantic Signals
London trading showed increased demand for settlement with two minor failures on the Stock Exchange and firmer gilt edged securities. American stocks opened higher but closed weak as New York's softer tone weighed. Paris, Berlin, and Madrid markets also moved, with bond and bullion activity reflecting cautious investor sentiment amid varied foreign actions and crop news.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Union Pacific
Canadian Pacific
Southern Pacific
New York
Paris
Japanse Imperial
Madrid
Lisbon
Bank of England
Agen
Suburban Subway Shares Soar on Favorable Rumors
Outside security markets show Chicago Subway jumping about on news of Armour interests taking control and subsidiary financing arrangements. Opening at 21 to 25 percent gains, it closed near 25, as the curb market overall sagged with Nevada mining shares slipping and few issues advancing.
MENTIONED IN THIS ARTICLE
Nevada
Chicago Subway
Chicago
Armour
London prices for American mining stocks reported
Prices from London yesterday show Ena at 8 pence, Camp Bird at 12 shillings, Tomboy at 1 pound 16 shillings, Stratton's Indep at 3 shillings 6 pence, El Oro around 1 pound 60 pence, and De G Doro near 0 1 60. Other listings include Es mza at 116 3 and Siangeps 15 0.
MENTIONED IN THIS ARTICLE
London
Ena
Camp Bird
Tomboy
de Gor Sisangeps
Stratton’s
el Oro
Paris Exchange Sale Narrows New Haven Loan Debentures
A Paris exchange sold about 4 million dollars in the New Haven loan placed in Paris at year start. The total loan stood near 28 million, with roughly 14 million drawn. Half the debentures were sold outright to Paris bankers, the rest taken under option. demand for more debentures continues as credit remains available for future drawdowns.
MENTIONED IN THIS ARTICLE
Paris Exchange
Paris
New Haven
Kuhn, Lopb & Co
Paris Kers
Kuhn, Loeb & Co
Brady Brothers and Partners Form New Realty Firm
James Brady's Sons Company listed with incorporators Cornelius Brady Thomas H Brady and Sylvester Daas. KS Realty firm partners named Boller and John W Smith in the filing.
MENTIONED IN THIS ARTICLE
James Brady
Receivers Seek $5 735 From Abner Doble Co
Shiland Shoemaker and Hedges attorneys for Milliken Brothers receivers sue in Supreme Court for 5735 for materials sold to Abner Doble Company of San Francisco. Immediate action needed as W A Doble president of the company is in New York and booked to sail to Europe on the Finland this Saturday.
MENTIONED IN THIS ARTICLE
Shiland
Shoemaker & Hedges
Milliken Brothers, Inc
Broadway
Supreme Court
Abner Doble Company
San Francisco
Milliken Brothers
W. A. Doble
New York
Europe
Finland
Travelers' Letters of Credit Payable throughout the World
The Farmers' Loan and Trust Company announces letters of credit payable worldwide. Offices listed in New York at William Street and Fifth Avenue, and branches in London Paris. The notice mentions bills of exchange cheques and cable transfers.
MENTIONED IN THIS ARTICLE
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
New York
Customs Rulings Uphold 5 Percent Charge on Imports
Thaddeus Sharretts and the Board of General Appraisers reject Fenner Glashutte claim that a 5 percent charge in the dutiable value was not taxable. The ruling confirms the assessed value on cocktail glasses and cut glass tumblers. In another case Scharf & Co of Vienna wins against American customs on foreign market value for electric lamps. General Appraiser Sharretts reverses prior appraiser actions.
MENTIONED IN THIS ARTICLE
Thaddeus
Scharf & Co
Vienna
Sharretts
City Bond Rate Set at Four Per Cent
The Sinking Fund Commission, using its new powers, fixed a 4 percent rate on 29 million dollars of bonds and stocks to be sold by the Controller on June 28. Brisk bidding is expected. The commission also granted Port Chester Railroad Company access through Illow Avenue at 132nd Street, with compensation of 56,500 dollars. A lease of Pier 50 on the North River to the Southern Pacific Company was approved at 50,000 dollars per year.
MENTIONED IN THIS ARTICLE
Sinking Fund Commission
Port Chester Railroad Company
Illow Avenue
Bronx
Southern Pacific Company
Pier 50
North River
Cotton Market Forecast and Prices Report
The Federal Weather Bureau forecast for Friday and Saturday covers the cotton states with varying showers and fair conditions from North Carolina to Texas and Arkansas. The market shows a steady undertone with July near unchanged to 6 points higher, and daily sales around 300000 bales. prices for futures and spot are listed with regional bids from Augusta, St. Louis, Norfolk, and Memphis.
MENTIONED IN THIS ARTICLE
Washington
Federal Weather Bureau
North Carolina
South Carolina
Georgiia
Florida
Alabama
Mississippi
Louisiana
Texas
Oklahoma
Indian Territory
Arkansas
Tennessee
Gulf
Augusta
St. Louis
Norfolk
Memphis
Grain and Provisions Update Shows Wheat Rally in New York
Wheat prices rose as July surpassed the dollar mark amid rumors of large Northwest export sales and crop trouble in Germany and North Dakota. Reports said worms damaged North Dakota crop and May freezes hurt Kansas wheat, with cash values listed for No. 2 red and No. 1 Northern at New York elevators and on board. Corn also fell early but recovered after wheat upturn. cash prices for No. 2 corn and No. 2 white were quoted, with refining details for shipboard. Separately John Munroe named Vice President of Nassau Bank, United States Realty directors re-elected, Bronx Savings Bank declares 4 percent dividend, and Bache & Co. to open a branch on June 17.
MENTIONED IN THIS ARTICLE
New York Times
Offi
San Francisco
Were &S
Alta Ken
Anes
Deccid
Belcher
Rest & B
Twophil
Overman
Fullton
Potosi Eee
Caledonia Cuat
Urs
Wed
Tonopah
Wea
C. M
Kendall
Golden Anch
Laguna Toe
Orseeve
Lone Star
Jim. Butler
May Queen
McNamara
Mohawk
Midway
Red Top
Montana
Ovlsandaterss A
North Star
St. Ives
Ohto
Dfield
N. B
Janene
Nta i Orte
Steinway
Diamondfield
Colorado Springs
McKinney
Acacia
Portland
Elkton Sae T
Anary Ass
N. G Isabella
Pharmacie
Gibson
Paso
Sovereign
New York
Northwest
Germany
North Dakota
Kansas
Liverpool
Paris
Sin
Budapest
Northern
Duluth
John Munroe
Nassau Bank
United States Realty and Improvement Company
Bronx Savings Bank
Tremont
Park Avenues
Bache & Co
Staratogs
Ford A W
New York Incorporations List Prominent City Companies
Special from Albany reports numerous new incorporations on June 13 including Guanajuato and Santa Rosa Mining Co Yonkers. M Doob Sons & Co New York embroideries. Hebrew Christian Publishing Glen Cove. Hygeia Cap Co New York. Lyons & Co New York hotels. Barrett English & Co New York securities. Bunk Co real estate. Doyen & Co imitation jewelry. Pan American Trading Co New York. H Kauffmann & Son Saddlery Co Brooklyn. Whitehall Plumbing Co New York. Inter State Auto Renting Co New York. Resident Construction Co Brooklyn. Chester Co real estate. Abramson Realty Brooklyn. Julius Bork Co New York theatrical. Advance Frame and Picture Co New York.
MENTIONED IN THIS ARTICLE
Albany
Guanajuato
Santa Rosa Mining Company
Yonkers
Capital
Co. A. Fulton
T. R. Heinrichs
Ruther
Brooklyn
Hebrew Christian Publishing and Trading Company
Glen Cove
W. H. Ingersoll
Benjaon
M. Schapiro
D. 8
New York
N. H. Lyons
W. H. Lyons
J.G. Lyons
Boston
Barrett, English & Co
Edward Barrett
Pittsburg
J. H. English
Elmira
G. D. Bruce
Balston Spa
Bunk Company
Richard Ng
Herman Isaac
Ee Dohan
Alexander Jacobdean
Joseph New York
Slicing a Skyscraper to Add Office Space
The Singer Building at Liberty Street and Broadway will be sliced to insert three new stories between the seventh and eleventh floors. Scaffolding work began yesterday and crews will work day and night to complete the modification, aligning the eleven story structure with a forthcoming fourteen story addition and a 612 foot tower.
MENTIONED IN THIS ARTICLE
Liberty Street
Broadway
Ernest Flagg
Lower Broadway
Roads to Pay Charges S Reviewed by Interstate Commission
General Electric and Edison General Electric of Schenectady file a complaint with the Interstate Commerce Commission against New York Central and Delaware and Hudson. They claim annual business of $35 million, 15,000 employees, 133 acre plant, and 50,000 freight cars, and seek reimbursement for switch and loading facilities they must supply at their own car expense, citing last year’s $134,609 in such costs.
MENTIONED IN THIS ARTICLE
Washington
Inter- State Commerce Commission
General Electric Company
Edison General Electric Company
Schenectady
N. Y
New York Central & Hudson River Railroad
Delaware & Hudson Company
Pennsylvania plans peninsula rail line consolidation into Maryland division
Special to The New York Times reports the Pennsylvania Railroad will merge its Delaware Maryland and Virginia peninsula lines into the Maryland division under the Philadelphia Baltimore & Washington Railroad name. A stockholders meeting on July 31 in Philadelphia will authorize increased indebtedness to effect the consolidation, bringing in the Philadelphia & Baltimore Central Delaware Railroad Union Railroad of Baltimore Baltimore & Ohio Chesapeake & Ohio Atlantic Delaware and Maryland & Virginia Road.
MENTIONED IN THIS ARTICLE
New York Times
Philadelphia
Penn
Pennsylvania Railroad
Delaware, Maryland, and
Virginia Peninsula
Maryland
Philadelphia, Baltimore & Washington Railroad
Philadelphia, Baltimore & Washington Railroad Company
Peninsula
Philadelphia & Baltimore Central
Delaware Railroad
Union Railroad of
Baltimore
Baltimore & Ohio
Chesapeake & Ohio
Atlantic& Delaware
Maryland & Virginia Road
Memphis Seeks Bids for 200000 Water Bonds
Memphis invites sealed proposals for the purchase of 200000 in Memphis Water bonds issued May 1 1903 maturing 30 years hence bearing 4 percent interest payable semi annually. Bonds numbered 1652 to 1851 must be bid as a total package with a 5000 bond by certified check.
MENTIONED IN THIS ARTICLE
Memphis
Tenn
Memphis Water
Memphis Trust Co
United States Mortgage & Trust Co
New York
General Assembly
State of
Tennessee
Municipal Council
City of
Ennis M. Douglass
J. J. Williams
O F J. 3. Williams
the Commissioner of Immigration
New York Trust Company financial report 1907 figures
Bank report details deposits on which interest is paid totaling 52 326 300 17 with an average rate of .0322 percent. It notes accrued interest not entered on books and confirms board submission of official communications. Officers Otto T Bannard and Mortimer N Buckner certify accuracy under oath in New York City.
MENTIONED IN THIS ARTICLE
SGM
United States
Ee Cae
Speace
New York State
New York
Savings and Loan
Renee
Banking Department
Board of Directors
County of New York
Otto T. Bannard
Mortimer N. Buckner
The
New York Trust Company
Broad Street
City of
Aid County
Superintendent of Banks
Chas. A. Kolstad
Kings Co
N. Y
Meleeteae
Cccccceseac
State of
County of
A. W. Kelley
T. W. Hartshorne
Union Trust Company of
A. W._ KELLEY
Peter Palme
Kings County
N. Y. County
Also Mentioned on This Page
Wall Street
Financial District
James 3. Hill
Hill
Interborough
Berlin
Bank of France
Exchange
Foreign Public Securities
CONBO
Saxony
Hamburg
Cologne
Munich
Augsbu
Frankfort-on-Main
Ee ™ 7 City of
Eee
Rente
Heatand Ee Oes
Consol
York
New Lon
N.Y
Don. Equiv
Close
Ch'ge
Anaconda
Atchison Coees OO
St. Paul
U. S. Steel
Securities
Subway
Steamship
Havana
West. Com
Bingham Cent
Boston Copper
Butte Coalition
Butte & N
Greene-Can
Greene Gold
Greene G
King Edward
McKinley“Dart
Micmac G. M
Mines Co
Montezuma
Costa Rica
U.M
Butte
L &Z
Silver Queen
Stewart
Tonopah Bel
Tramps
Trinity Copper
Union Mines
United Copper
Utah Apex
U. P
Ieseeeeays
Ria
Tobacco Ee
Atchison Con
Atchison Con. Tir
Barnes-King Devanes
Bonanza Creek
British Col. Cop
Central Foundry
Colonial Silver Ee Neeene
Cumberland-Ely
Min
Davis-Daly
Tee
Douglas Copper
Ely Central Vee
Gold Hill Iby
Ely
Greene-Cananea
Havana Tobacco
Manhattan Transit
Micmac Gold Mining
Mines Co of America
Mitchell Mining
N. & Cuba M& 8
Nevadatah M. & S
Nipissing Mines Co
North Butte Extension
Otis Elevator
Otis Elevator of
Stewart Mining
Union Mines Tee
Waterbury Coeee
Western Ice Co
Incorporated
New Jersey
Milliken Bros
the Doble Co
Bishopsgate St
Rue de
Cotton States
Grain and Provisions
Singer
Pennsylvania
26Th Street
Gray's
Ferry Road
F. G. Hodgson
Quartermaster's Office
West Point
Branch Post Exchange
Quartermaster
U.S. Army
Weat Point
Northern Bank OF New York
Fourth Street
Eighth Avenue
234 Street
Henry D
James T. Wood
Henry A. Belden
Emil Seyd, Jr
J. Peter Rado
Asst
Rterly
York Trust
Ings
Resources
Union Trust Company OF New York
Tiis
United
States
Bank & Trust Co
Bank and Trust Co
U.S
Sterling Debenture Corporation
Brunswick
Madison Square
Caedeu
Mexico
H. L. Warne
Parral
Meerschaum
E. Warner
Brooklyn Trust Companies
Williamsburgh Trust Company
Brooklyn, N. Y
Frank Jenkins
W. A. Field
Peoples Trust CO
E. Johnson
J. G. Dettmer
H. J. Morse
Sec'y. Co
A. Boody
C. L. Schenck
Sec’s
Pere Eee
Permet
Fort Wadsworth
U. 8
Edmund
Weisel