Wall Street Trading Concentrates in Few Stocks
The market yesterday showed heavy activity in about six issues while many shares traded narrow volumes. Wabash led with over 66,000 shares and a 4 point rise to 61 4, while Canadian, Pacific and Lackawanna were discussed as potential buyers and possibilities of dismemberment of the system circulated. Steel common drew attention with a 69 1 2 bid amid heavy trading and talk of a 4 percent dividend.
MENTIONED IN THIS ARTICLE
Bears
Wabash Preferred
Wabash
Pacific
Lackawanna
Canadian Pacific
London
Stel
New York Times
Boston
Mass
Miami
Telephone
Miami Leads Copper Market With Record High
The outside securities section shows Miami as the principal copper market feature, closing at a record high of 16 1 2 with a 1 point gain from Saturday. Davis Daly rose early then pared gains, while other copper issues moved small fractions. La Rose Consolidated hit a new high for the year.
MENTIONED IN THIS ARTICLE
Miami
Davis-Daly
Nevada Consolidated
United Copper
Ohio Copper
la Rose Consolidated
Central Foundry
New York
Standard Oil
Chicago
Milwaukee & St. Paul
Cotton Market Shows Firm Display on Bullish Reports
The cotton market opened steady with a rise of 6 to 11 points and closed higher by 8 to 10 points. A New Orleans authority’s 5 percent acreage drop and poor conditions spurred gains while weather reports noted widespread rains in the Central and Western belt after a previous excess moisture in the Mississippi Valley.
MENTIONED IN THIS ARTICLE
New Orleans
Mississippi Valley
Wanted security listing from Frederic H Hatch & Co
A securities broker advertises a large list of preferred and common stocks, debentures, and bonds including American Type Founders Pref Ell, Empire Steel & Iron Pref, General Motors Common, U S Finishing Com, and Texas Company. The firm notes specialties in high grade railroad and industrial securities and guarantees stocks, with markets in such class offerings.
MENTIONED IN THIS ARTICLE
American Soda Fountain
American Coal Products
Chase National Bank
du Pont
E. I.) de Nemours
Empire Steel & Iron
Eastman K
Flatbush Trust
General Motors Common
Hudson & Manhattan R. R
International Time Recording
Interborough Rapid Transit
Kansas City
Mexico & Orient
Mahoning & Shenango By. & Lt
New York Transfer
Standard Oil Cloth
Securities Co. of New York
U. S
Knickerbocker Trust Ctss., Ser. B
American Type Founders
American Press Association
Babcock & Wilcox
English Co
E. I
de Nemours
L’ville
Henderson & St. Louis
Maxwell-Briscoe
Omaha Elec. Light & Power
Royal Glue
Safety Car Heating & Lighting
Trust Co. America
Texas Company
Tiffany & Company
U.S
United Cigar Stores
Amer
Fairmont Coal
Havana Tobacco
United Lead
Bank, Trust Company
Frederic H. Hatch & CO
Broad ST
New
European Markets Report From London Paris and Berlin
London notes steady money demand and easy discounts for Bank of England gold. stocks rise modestly as Union Pacific United States Steel lift American issues. Paris opens steady closes heavy with three percent rentes weaker while Berlin Boerse shows weakness and inactivity. Bar silver at 24 1 16d. Exchange London 25f 10 39c for checks. Money 4 1 2 percent. Discount rates 1 1 2 percent short bills 1 percent three months.
MENTIONED IN THIS ARTICLE
London
Bank of England
Stock Exchange
Paris
Grand Trunk
Union Pacific
United States Steel
New York
Wall Street
Notable Bank Debenture Sale and Transport Leaders Abroad
Sails and inspection trips mark a busy period as B F Wollman departs on the Kron Prinzess in Cecile for six months abroad while R H Thomas of the New York Stock Exchange plans a two month European rest. Edwin Hawley visits Chicago and Iowa lines, returning to New York late this week. Debentures valued at 25 million dollars for the Chicago Milwaukee and St Paul issue were quoted at 95 with broker allowances as Kuhn Loeb and National City Bank participate. Bond and Mortgage Guarantee stockholders approve enlarging capital from three to five million dollars and set an Aug 16 par subscription date, with a 50 percent extra dividend recorded June 30.
MENTIONED IN THIS ARTICLE
St. Paul
B. F. Wollman
Cecile
R. H. Thomas
New York Stock Exchange
Europe
Edwin Hawley
Minneapolis & St. Louis Railroad Co
Iowa Central Railway Company
New York
Chicago, Milwaukee & St. Paul
Kuhn, Loeb & Co
National City Bank
Bond & Mortgage Guarantee Company
United Breweries Co
Chicago
Til
New York Trust Co
Iil
Metropolis Securities Co
State of Arkansas
Ark Cent. Ry
P. c
Chelsea Exchange Bank
Jackson
Mich
Consolidated Traction Co
P. Ec
Union Ferry Co
Metropolitan Trust Co
van Norden Safe Deposit Co
Ward Bank
Williamsburgh Trust Co
B’klyn Trust Co
B’klyn, Trust Co
Seeersn Trust Co
B’klyn
Lone Trust Co
Hillside Bank
Richmond Hill
Bushwick Avenue
Brooklyn
Johnson Avenue
Broadway Trust Co
United Corper Co
Presd
Pew
Temple Bethel
76Th Street
5Th Avenue
Colonial Real Estate Association
City & Suburban Homes Co
Wm. Richardson
L. L. Powell
E. B. Tustin
Queens Estates
Standard Bone & Twine Co
Mtge
Guggenheim Exploration Comanz
Broadway
Guggenheim Exploration Company
Chas. K. Lipman
Utah Copper Company
Chase. Lipman
National Biscuit Company E- Board of Directors
F. E. Bugbee
Detroit & Mackinac Railway CO
Wall St
New York City
Co. B. Colebrook
Bookkeeper Seeks Broad Role in Grain and Cotton Trade
A. X. R. of Times Square submits a brief advertisement stating years of experience as a bookkeeper in grain cotton and stock brokerage. They offer to fill a position combining these specialties and will call to present all facts.
MENTIONED IN THIS ARTICLE
Times
Times Square
Wanted Stock Of Standard Paint Co New Jersey
Classified notice seeking stock on hand from Standard Paint Co New Jersey with stated quantity and price. Advert placed by F 152 Times Downtown.
MENTIONED IN THIS ARTICLE
Standard Paint Co
N. J
Electric Vehicle Company Receivers Accept 430000 Cash Offer
United States Judge Rellstab approved the petition of Halsey M. Barrett and Henry W. Nuckels as receivers to accept a 430000 dollar cash bid from Herbert Lloyd Kenneth B. Schley and C Wendell Woodward on behalf of the reorganization committee. The deal also covers all accruing debts of the receivership until termination and final transfer of property. Creditors oppose, but the court ruled their share is negligible. The firm, an automobile concern incorporated in New Jersey with 20 million dollars capital, would see bondholders paid about 20 cents on the dollar versus 7 cents if foreclosure occurred. Confirmation remains possible in federal Connecticut courts.
MENTIONED IN THIS ARTICLE
New York Times
Trenton
United States
Rellstab
Halsey M. Barrett
Henry W. Nuckels
Electric Vehicle Company
Herbert Lloyd
Kenneth B. Schley
C. Wendell Woodward
Connecticut
Utomobiles and
Crosstown Railroad reports quarterly deficit in 1907 figures
The Twenty-eighth and Twenty-ninth Streets Crosstown Railroad Company announces a $4 275 69 loss for the first quarter, amounting to 230 02 percent of earnings. The line, capitalized at 3 million dollars, spans 3 358 miles with $893 388 per mile. Joseph B Mayer now oversees the business after receivership.
MENTIONED IN THIS ARTICLE
Public Service Commission
Twenty-eighth and Twenty-ninth Streets
Crosstown Railroad Company
Broadway
Fifth Avenue
Twenty-ninth Street
Manhattan
Joseph B. Mayer
Local Exchange closing quotations list for June
Colorado Springs reports closing quotes from the Local Exchange with bids and asks for several stocks. Notable entries include Jackpot 8% at 64 and 6% Elkton 62% and 2? Read McKinney 38 44, El Paso 50, Portland 89% and 89%, Gold Dollar 10, Vindicator 58 61, Isabella 23% and 24%, Sample 7 TM%.
MENTIONED IN THIS ARTICLE
New York Times
Colorado Springs
Col
Ams. A
Elkton
Ead McKinney
el Paso
Portland
Isabella
Executor Chartered 1822 Trust Company Listings
The Farmers Loan and Trust Company lists locations at William Street Manhattan 16 18 20 22 and branch offices at 475 Fifth Avenue New York London 16 Bishopgate Street Paris 41 Boulevard Haussmann. Payable worldwide. Administrator Guardian.
MENTIONED IN THIS ARTICLE
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
New York
Gold Exports to Japan Through Yokohama Bank
The Yokohama Specie Bank arranged yesterday to export 2,250,000 dollars in gold to Japan. The funds moved from the Sub Treasury to San Francisco for shipment to Yokohama as exchange on Japan remains premium. Japanese bankers cite Europe’s purchases of internal loan bonds as the cause of a strong yen and drawing on this country to meet demand.
MENTIONED IN THIS ARTICLE
Yokohama Specie Bank
Japan
San Francisco
Yokohama
Apan
Torday
Europe
Lowon
European
London
New York
Argentina
Wheat and Corn Markets Turn Weak on Swift Harvest Outlook
July wheat slid as forecasts for an early Southwest harvest grew stronger. Kansas crop estimates rose to 75 to 80 million bushels, while North American visible supply fell by 2.15 million. Interior receipts totaled 387 thousand bushels. Cash wheat in New York quoted with No. 2 red at 1.51 elevator. Corn showed early strength then weakness as Liverpool moved higher and receipts fell. cash corn remained nominal with No. 2 at 0.86 and No. 2 yellow at 0.844.
MENTIONED IN THIS ARTICLE
Southwest
New York
Duluth
Liverpool
Cast Iron Pipe Dividend Upheld in New Jersey Case
The Court of Errors and Appeals affirmed Vice Chancellor Howell’s ruling denying an injunction against United States Cast Iron Pipe and Foundry Company Directors. The suit, filed by common stockholder Frank Bassett, claimed the dividend was improper and would draw from insufficient earnings.
MENTIONED IN THIS ARTICLE
Haskins
T. F. Ryan
Trenton
Court of Errors and Appeals Today
Stevens
Harry C. Haskins
Thomas F. Ryan
Ryan
N. J
Howell
United States Cast Iron Pipe and Foundry Company
Frank Bassett
Unencumbered Business Property Offer Seeks Investors
Unencumbered business property offer with a 6 percent yield and growing value. Write for details to The Trustee Securities Company service for particulars. Contact Tel 2074 Rector at No 1 Wall Street.
MENTIONED IN THIS ARTICLE
Trustee Securities Company
Wall Street
Coffee Market Opens Unchanged Then Slight Decline
The coffee market opened unchanged with a five point drop by close, and sales reached 11 000 bags. Havre rose one cent while Rio declined 150 reis and Santos held. Rio and Santos week receipts totaled 75 000 bags with New York reporting 500, and U S warehouse deliveries stood at 73 115 bags for the week.
MENTIONED IN THIS ARTICLE
Havre
Rio
Santos
Rio No
United States
New York
Metal Market Reports Show Slight Tin Gain Amid Dullness
Metal Exchange prices remained largely flat with copper steady and tin edging up slightly. London spot copper slid to Ts 64 from Fridays final, futures fell, while lead and spelter eased and Cleveland warrants firmed.
MENTIONED IN THIS ARTICLE
London
Metal Exchange
Cleveland
New York Metal Exchange
Anne
Dividend notices from multiple companies in 1909
Notices announce dividends and payment dates for several firms including New York Central & Hudson River Railroad Company lessee, Duluth Edison Electric Company, Ferrocarriles Nacionales de Mexico, and Aeolian Weber Piano and Pianola Company. Records: holders of stock as of mid month receive payments in July 1909.
MENTIONED IN THIS ARTICLE
NEW York Central & Hudson River Railroad Company
New York
New York & Harlem Railroad Company
Edward L. Rossiter
Duluth Edison Electric Company
Duluth
Minn
Co. E. van Bergen
Aeolian, Weber Piano and Pianola Company
WM. E. Wheelock
Also Mentioned on This Page
Outside Securities
Alabama
Great Southern
American Railways
Chicago Great Western
Indianapolis
Louisville
Sade Pyle
Texas
Louisville & Nashville
Mobile & Ohio
Southern Railway
Toledo, Peoria & Western
Toledo, ST. Louis & Western
Swift & Company
Boston Stock Market
A.G. & W.lps
Fdy. Pf
G. E
Havana Tech
N. Y
Alaska Renee
Barnes-King
Boston Copper
Brit. Col
Carisa Severe
Cobalt Central
Con
Ariz.Sm
Ely
Davis-D
Douglas
Giroux Mining
Goldfield Con
Kerr Lake
King Edward
la Rose C
McKin
Dar
Nev
Con. C
Nev. Smelt
M.U. M
Stewart O
Pitts
Union Mines
United C
United Rice
Yukon A. M
Bingham
Ry. Gs
Soaer ‘& L
Kan. Co S
West. Pac. Bs
Bia
Bay State Gas
British Col. Copper
Butte Coalition
Butte & New York
Central Foundry Pl. Oat
Ely Min
Seeeae
Dolores’ Ltd
Douglas Copeer
Centra’ Secaeve
Eure
Eee
Goldfield Daisy
Greene-Cananea
Guggenheim Ps Inter
Nevada
Uta M. & Ones
Searchlight M. & M
United Dry Goods Com
United Dry Goods Pl
Yukon
Montreal
GG & W
United Fruit
U. S. Steel
Western T. & T
Westinghouse cv
Seakee
Atchison
Atchison Pf
Boston Elevated
Boston & Maine
Roe
Fitchburg Pf
Am. Woolen
Rere
Gulf & Ws SS
Pf. Oe
Boylston St. Land
Dom. Iron & On
Boston Land
Edison
Houston
Gen. Electric
Georgia Ry. & Ia
Massachusetts Gas
N. E
Pullman Eweeee
Reece Seerecese
Hotary Ring
Seattle Elec. Pt
Swift & Co
Torrington Pf. Eee
United Shoe Mach
Cee Shoe Mach. Pf
Ae Esecee
Ss Steel
Ens. Steel Pt
Stane
Wollaston Land Mining
Amalgamated Eee
Arizona. Com’l
Atlantic
Batopilas Ee
Boston Consoleeees
Boston & Corbin
Go Bute Coalition
Dad Ta
Arizona
Daly West
East Butte
Elm
Franklin
Giroux
Greene
Isle Royale
Mexico
Consol
Seasecaes
Michigan
Ceseeeees Acceseesereees
North Butte
Shannon
Weceeres
Shannon Rights
Superior Pesca Nesseeee
Superior & Boston
A -Superior
Pittsburg
Tamarac
Trinity
Coal &of
Utah Apex
Utah Consol
Utah Copper
Aese
Eeree Eee
Eeeaee
Eaee
Ensetsee
Wees
Gulf
St. Louis
Norfolk
Augusta
Galveston
Memphis
American Securities
Berlin
Foreign Public Securities
Lon- N. Y N. Y
Netdon
Equiv. Close
Canadia Money
Atchison Waist
St. Paul Wscocoee
Erie
Cece
Illinois Central
Louis & Nash
N. Y. Central
Ee O. Pennsylvania
Southern Pac
Steel
U. . Steel
Saxony
Hamburg
Cologne
Augsburg
Munich
Frankfort-On-M
Seeee
City of
Vienna
Rente
Financial Notes
28Th and 29Th Streets
Julia
Seeslenseees
Alpha Coma
Kentucky Con
Andes
Eneee & Belcher
Occidental
Best & Belcher
Eeenee AZ Ophir
Overman
Overman Oceeevees
Sae Caledonia
Potosi
Cedesceses
Savage Nied Sone Sieen Tae Chollar
Esse
Sierra Nova
Sag Belcher
Cal
Union Con
Imperial Secee
Utah Coneenee Crown Point
Gould & Curry
Hale & Norcross
Daisy Aeener
Tonopah
Belmont
Diamondfiel
Jim Butler
Great Bend Goldfield C
Adams
Eeecare
ROG Atlanta
Blue Bell
Montgomery Mtn
Colorado
Bishopagate St
Boulevard
Travelers’ Letters of Credit
Guardian
Grain and Provisions
Erewee
Philadelphia
United Gas Improvement
Union Traction
Philadelphia Traction
American Cement
American Ice
Bell Telephone
Cambria Iron
Bria Steel Eeesee
Cam . Col. Fuel & I
General Asphalt
Keystone Telephone
Lake Sup
Lehigh Valley
Pennsylvania
Phila Cocacnecveces
Phila Elec Eeees
Phila Tisweee
Phila. Traction
Tonopah Belmont
Tonopah Mining
U Wate Eeeeee
United Cos
N. S. Steel
U S. Steel
Wabash Pf
Warwick I. & S
Great Northern Railway Company
Eastern Railway Company
Minnesota
Northern Division
Savings Banks
CLARK
DODGE
John
du Pont Powder Co
Electric Properties Co
Herring-Hall-Marvin Co
Hudson Navigation Co
Hudson River Electric Power Co
Indiana Lighting Co
Lackawanna Steel Co
R. F. Westerfield
Manistee Light & Traction Co
Mount Hope Cemetery
National Surety Co
Manhattan Beach
East River Ferry Co
Honduras-Rosario
Standard Cordage Co
Standard Coupler Co
St. Joseph
Enon
Ereey Se
Andrew J. McCormack
Adrian H. Muller & Son
William ST
Vesey Street
Ill
New York Trust
Hoggson
Hoggson Brothers Inc. Designers and Builders of Fine Residences
East 44Th Street, New York
Obalts
EVADAS_COPPERS
Epps Terre Curb
Edward E. Epps&co
New England
West 44Th St
United Traction and Electric Company
Jersey City
Sweetland
Twin City Rapid Transit Company
S. Pattee
Harlem Supply Company
East 124Th
Borough of
Whattan
County of
Arthur W. Newman
New York Loan & Improvement Co
New York Loan & Improvement Company
F. S. Rollins
Breslin Hotel Company
Breslin Hotel
Broadway and
29Th Street