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Newspaper

New York Times

Location

New York, New York, United States of America

Date

Jun 16, 1906

Page

5

Railroad Earnings 1904 Excerpts From April Reports

Financial recap from multiple railroads including Long Island, Philadelphia, Alabama Great Southern, Cincinnati New Orleans Texas Pacific, Detroit Toledo & Ironton, and more. Highlights cover miles operated, weekly periods, gross and net figures, and expenses for April and fiscal periods beginning July 1. Entities include B&O, Mexican railways, and various regional lines.

Lon Island Alabama Cincinnati New Orleans Texas Detroit Toledo Uci Ape Detroit, Monroe & Toledo Chess Interoc Ganic RY Mexico Mileawe S&t

European Markets Selloff Deepens Amid Russian Turmoil

European markets extended Thursday’s declines with renewed selling pressure. Reading shares led losses while steel and Union Pacific drifted weakly. St Paul held despite the trend. Russian disorder and the Duma crisis weighed on markets as bonds fell and cash conditions remained tight.

N. N.Y London Cys Atchison Illinois Central Louis. & Nash Y. Central Pennsylvania Reading Pacific Bry Union Pacific S. Steel

New York Stock Exchange Updates June 15 1906

Market notes from New York Stock Exchange show figures for unlisted securities and last sale comparisons on 100 share lots. Listings indicate percentages 174 34 and 68 with reference to Friday action.

NEW York. Stock . Exchange

Calendar for Today and Dividend Notes

Calendar lists stock actions including close of books for multiple issues such as American Beet Sugar Co preferred American Can Co preferred Boston Belting Co and others. Notes mention dividend payable annual meeting and special meeting for several entities including United Shoe Machinery Co and Aurora Elgin Chicago Railroad.

American Beet Sugar Co American Can Co Boston Belting Co Boston & New York Air Line Cincinnati Street Railway Fleischmann Co Mackay Cos Maryland Coal Co Mergenthaler Linotype Co Railroad Securities Co Illinois Central Swift & Co St. Louis San Francisco Kansas City Fort Scott Erie & Pittsburg Railroad United Shoe Machinery Co Aurora, Elgin & Chicago Railroad

Baltimore & Ohio Earnings Rise in May Report

The Baltimore and Ohio May earnings show strong growth with gross at 6 817 933 dollars and net at 2 299 112 dollars, up from 1905. For eleven months gross reached 70 819 242 dollars and net seven months 25 77, surpassing the prior year.

Baltimore & Ohio

Money and Exchange Rates in a Financial Roundup

Money on call on Stock Exchange. Collateral loans at 3 5 percent, closing 3 percent. Time money quoted 4 percent for thirty days, 414 percent for sixty days, 444 4% for ninety days and four months. Mercantile paper rates 5 514 percent for sixty to ninety days. Clearing House shows Exchanges 284,805,008 and balances 48,072,320 with a Treasury debit of 744,605. Sterling exchange firm. nominal rates $4.84 sixty days, $4.87 demand. Domestic rates close at $4.8593, $4.86. Continental exchange notes Frances at 5.21% less 3-64 for long and 5.17% less 5-64 for demand. Reichsmarks, 93 15-18 and 94% plus 1-32. Banks and city discounts vary across centers with premiums noted for several cities.

Stock Exchange Mercantile Paper Clearing House Treasury Sterling Exchange Continental Exchange Frances Reichsmarks Guilders New York Boslen Chicago New Orleans Bank Savannnah Cincinnati St. Louis Charleston

Bullion and Mining Trade Brief from London to New York

Bar sliver quoted in London at 0.9d per ounce and in New York at 64.14 cents. Mexican dollars at 50 cents. Consolidated Exchange listings show Atlanta 1,000 shares at 0.17, Belcher 800 at 0.19 0.18, Brunswick 200 at 0.22, Bull Frog National Bank 1,000 at 0.46, Consolidated California and Virginia 300 at 0.75, El Paso 2,000 at 0.44, Golden Anchor 500 at 0.60, Hale and Norcross 300 at 0.90, Jim Butler 1,200 at 1.25 1.20, Little Chief 200 at 0.06, Mexican 300 at 0.63, Montgomery pollstats 1,500 at 0.42 0.43, Savage 300 at 0.76.

Eestor Eet Sugar Co Car & F. Co Car & F. Co. Pf Ice Securities Locomo, Co Pneu Servener Smelt. &R.,co Sugar Ref. Co Tob. Co Woolen Co Anacon Cop. M. Co F . Pte Baltimore & CO Brooklyn Rapid- Tran Brunswick Ty .Couor Canadian Pacific Central Leather Co Central Leath. Co. Pfet Chicago & Alton Chesapeake & Ohio Chicago Great West Gt. West Mi l St. Paul Mil Colorado & Southern Col. & South Iran Delaware & Hudson Denver & Rio Grande Denver & Rio Gr Detroit United Distillers Securities Hocking Valley Illinois Central Loo Internat. Paper Co Int. Paper Co. Pf Internat. Power Co Inter K.C Fts. & M.pf Kansas City South Knick. Ice Chicago Louisville & Nash Sah St. Louis National Lead Co. Pee Nat. R R of M New York Air Brake New York Central C. & St. Louis New York Dock N. Y N. H. & West Norfolk & Western Pennsylvania R. R Rep Iron & Steel Rock Island Co Stl. & S.F Texas & Pacific Third Avenue West Tol Twin City R. T Nion Ba & P Union Pacific Co United Rys HOY FOG Ge Ines Ayr U. S. Realty & Im. Co 1. S. Red U S. Red U S. Rubber U.S . Rubber U.S Rubber U. & Steel U S. Steel Caro Va. Iron, Coal & Coke Vulcan Detinning Wells-Fargo Express Western Union el Lake Eris Wheel LL. E. Wiseee Wisconsin Central Wisconsin Central Pf London New York Consolidated Exchange Atlanta Belcher Brunswick Bull Frog National Bank Consolidated California Little Chief Mexican Montgomery Savage

Boston Stock Market Faces Dull Opening Then Firms Slightly

The Boston money market shows dull, easier call loans at 4 percent and time loans around 4 to 5.75 percent. Clearing house loans 4 percent, New York funds at 10c discount. After a weak start liquidation dominated noon trading, with shorts as the sole buyers. Massachusetts Gas leads gains as a fraction higher for the day.

Boston New York Times New York Treasury Commission Shorts Massachusetts Gas

Dry wood imports at Port of New York rise week over week

Imports of dry woods at the Port of New York for the week were valued at 2 608 625 dollars, up from 2 191 669 dollars the previous week and 2 060 326 dollars the year earlier. The value of the amount marketed was 2 298 712 dollars, compared with 2 271 688 dollars the prior week and 1 983 936 dollars for the corresponding week last year.

New York

Cromwell Weighed to Aid Pennsylvanian Paris Loan

Wall Street watches the Pennsylvania Railroad as it seeks a 50 million dollar Paris loan. William Nelson Cromwell, linked to Panama Canal finance, is rumored to assist though he declines to discuss the talks. Paris bankers Crédit Lyonnais Comptoir National dEscompte and Banque de Paris et des Pays Bas are named as leads, with formal Paris announcements delayed beyond June.

William Nelson Cromwell Wall Street Paris Pennsylvania Railroad Cromwell Pennsylvania Panama Canal Company United States Panama Canal Republic of Panama New York Crédit Lyonnais Comptoir National a’Escompte Banque de Paris Et Des Pays Bas

Iron and Steel Market Notes Signal Rising Demand

Iron and steel market activity concentrates on Bessemer buys totaling about 130000 tons from Rogers Brown Co. Deliveries extend into the second half of the year as buyers show persistent demand for finished material. Basic and foundry grades improve while small orders and inquiries from foundries pipe and machinery makers rise, with many delaying heavy purchases to await price trends.

Bessemer Rogers, Brown & Co Steel Corporation

Copper and metal prices rise in London and New York

Copper metal recovered sharply in London with spot at 84 pounds 17 shillings sixpence and futures at 83 pounds 7 shillings sixpence. Pig tin and lead hold steady while spelter edges up and iron warrants show slight gains. New York Metal Exchange closes with prices compared to the previous day.

London Standard Foundry Middlesboro New York Metal Exchange

Heavy selling of United Railways income bonds fuels market rumors

Baltimore June 15 heavy selling of United Railways income bonds attracted attention with $393 000 in sales. Free bonds fell to 73 down a point. certificates with Baltimore Trust and Guarantee Co. at 723 declined %. Rumors said New York bankers may underwrite a new plan, with Alexander Brown in New York and the Income Bondholders' Committee assured the plan would protect income bonds. Other issues moved little as the list waned, closing firm with 678 shares and $446 500 in bonds traded.

Union Pacific St. Paul Russia London Paris Cable Duma Pennsylvania Baltimore & Ohio Railroad New York Times Philadelphia Reading Lehigh Valley New York Pennsylvania Railroad Cambria Steel United Gas Rai Transit Philadelphia Electric United States Steel New Prt Il Erie Stewe Ewe Nat. Bank Fourth St Hunt. & B. Toppf Rwe Lehigh Val Marsden Aeeere -Minehill Railroad Wees Penna. Railroad Penna. Steel Pf Philadelphia Co Phila. Rapid Transit Eee Phila. Traction Ger. & Nor Bsg Phila Onopah Mining Oiwnion Traction United Co Rasia Baltimore United Railways Baltimore Trust and Guarantee Company United Railways and Electric Company Alexander Brown Maryland Continental Trust Alabama Coal and Iron Js Seaboard Inccomes Houston Oil

Regula h Auction of Stocks and Bonds in New York

Andrew J McCormack Auctioneers list the regulah auction sale of stocks and bonds by Adrian H Muller and Son offices at 55 William Street and Vesey Street venues. Executors’ order. Items include Bank of Manhattan 4 shares, United New Jersey R R bonds, New Haven Hartford R R, Saratoga Gas Electric Power Co, and others with dollar amounts noted.

Andrew J. McCormack Regulah Adrian H. Muller & Son William Street Exchange Vesey Street Bank of Manhattan Co Ya & Susquehanna Valley United New Jersey R. R. & Canal Co New York Life Ins. & Trust Co

Listed securities and bonds for various railways and companies

A dense catalog of bonds stocks and certificates including Metropolitan Elevated R R Co 1st 6s Peoria & Eastern R R 1st Const 4s Chicago Milwaukee St Paul Ry 7s 1910 and many others such as St Paul Minnesota Manitoba R R Dak Ext 6s 1910 New York Susq Western R R general 5s Consol Elevator Co Duluth 6s 1919 and more detailing face values registration and ownership notes for a broad mix of transportation utilities mining and financial instruments. The list appears as an investment ledger or broker’s note with numerous securities and denominations listed for disposition.

Metropolitan Elevated R. R. Co Peoria Eastern R. R Mil St. Paul Ry St. Paul, Minn Manitoba R. R N. Y Susq Western R. R. Gene Boreel Mining Co Stages Association Sight Seeing Car & Coach Co Golden Empire Mining Co Chattanooga Southern Ry. Co Ist Mtg. Eds Atlantic Trust Co Ctfs Camden & Trenton Ry. Co Trenton & New Brunswick R. R. Co Ist Mitchell Mining Co Washington Mutual Telephone Co N. J de Lamar New Jersey Mineral Co Des River Electric Power Co Realty Associates

London Stock Market Dull but Closes Steady After Varied Moves

June 15 London stock notes show ample supplies and poor demand with easy discounts. Consols fell on weak support while Americans weakened on Wall Street news but improved by noon. The market closed steady as foreigners sagged and Russians remained weak, with 3 percent loan quotes and imperial Japanese at 101 percent. A sum of 4.725 million dollars in Indian gold was released, bar silver held firm, and bullion receipts from Madrid and Lisbon were noted.

London Stock Exchange Wall Street Baltimore & Ohio New York Madrid Lisbon Bank of England

London Close Highlights NY Equivalents and Shifts

The report lists yesterday's London closing prices for American stocks with comparisons to the latest New York close. It notes how each issue moved versus its New York counterpart and the prior NY close, indicating gains or losses.

London New York

Paris and Berlin Bourse Report June 15 Trading

Paris trading on the Bourse was heavy with Russian imperial 4s down to 77.30 and Russian bonds of 1904 at 484. Three per cent rentes quoted at 88f 27c for account. London exchange 25f 18c for checks. Berlin trading quiet with London exchange at 20 marks 48% pfennigs for checks. Discount rates: short bills 3% and three months' bills 3%.

Paris London Berlin

American mining stock prices reported from London

Prices for American mining stocks received in London yesterday include Camp Bird Esperanza Tomboy Dolores and Stratton's Independence with varying figures such as 14, 15, 63, and 48 percent noted against different listings.

London D. Camp Bird Esperanza Pape Tomboy Dolores Stratton’s Ind

Wall Street Journal notes weekly cash gain for banks

Estimates of the week's cash gains ranged from 700000 to 1500000. Sub Treasury transfers from San Francisco caused a 1244400 gain, while direct movements by mail and express lost 857600. Inner gains totaled 2267400 with new gold at 35098900, netted to 1244400 after deductions. Receipts and shipments shifted, pension payments rose to 735000 and customs fell to 3753107.

Express Sub-Treasury San Francisco Wall Street Journal Manila Boston

Bradstreet Reports Weekly US Business Failures

Bradstreet records 170 failures in the United States for the week, compared with 162 prior week and totals from 1903 to 1901. Regional counts: Middle States 5, New England 20, Southern 33, Western 38, Northwest 7, Pacific 9, Territories 4, with Canada at 20. About 88 percent of failures had capital of $5,000 or less and 5 percent had $5,000 to $20,000.

Bradstreet United States Middle States New England Southern Western Northwest Pacific Territories Canada

Fragmentary financial lines from Neoras wing bonds note

Fragmented OCR shows bond related figures and notes about interest, security and conformity. Mentions Devonshire and New Bay areas with numbers 1087 1141 1626 152 1063 1205 1662 189 1073 1307 1670 194 1074 1855 1767. appears as a financial notice or bond ledger fragment.

Devonshire

Anne Arundel County Seeks Bond Bids for 250000 in 4% Coupons

Anne Arundel County Maryland invites sealed proposals by June 26 1906 11 am for purchase of all or parts of 250 000 four percent bonds payable in ten 25 000 series up to 50 years. Interest twice yearly January and July exempt from taxes. Delivery by July 10. Bid envelopes must bear official addresses and a 2 percent certified check accompanies bids. County reserves right to reject all bids.

Anne Arundel County Annapolis Board of County Commissioners Anne Arundel‘ County Maryland Ae Board

County bids opened at noon in Annapolis

Bids will be publicly opened at noon June 26 in the County Commissioners' office, Annapolis. Full information available by inquiry to the undersigned. By order of the County Commissioners of Anne Arundel County. W. W. Webb, Clerk.

NeGice Annapolis Anne Arundel County W. W. Webb

Republican Valley Railroad Bonds Due July 1 1919 Notice

The New England Trust Company announces drawn bonds for payment under a 1879 trust deed. Twenty-two bonds of 1000 each and eleven bonds of 600 each will be paid after July 1, 1906 at the undersigned Boston office. interest ceases after that date. D. R. Whitney, President. Boston, Mass., June 13, 1906.

Boston Mass T England Trust Company D. R. Whitney Republican Valley Railroad Company New England Trust Company Devonshire Street Mags

Mississippi Central Railroad Bond Redemption Notice

The Mississippi Central Railroad Company will redeem forty two First Mortgage Five Per Cent Gold Bonds at par on July 1, 1906 under the 1905 trust. Bonds 1 to 42 issued by The Standard Trust Company as trustee will be paid with interest first aid. coupons after that date void. Harvey Fisk & Sons acts as fiscal agents in New York. Scranton, May 23, 1906.

Mississippi Central Railroad CO Mississippi Central Railroad Company Standard Trust Company of New York Harvey Fisk & Sons Cedar Street Borough of Manhattan New York City Mississippi Centrat. Railroad CO Co. P. Davidson Scranton Penn San Francisco & North Pacific Railway Mercantile Trust Company San Francisco North Pacific Railway Company Broadway City of New York THE Mercantile Trust CO Guy Richards

Edmond Friedman withdraws from Cobden & Co firm

Edgar Friedman withdraws from the firm Cobden & Co 415 Broadway by mutual consent. The business will continue as Cobden & Co with A H Cobden assuming liabilities and collecting assets. Dated New York June 15 1906.

Edgar Friedman Cobden & CO Broadway A. H. Cobden New York

Also Mentioned on This Page

A.b.leach & CO Farson, Leach & Co Broadway, New York Rudolph Kleybolte & Co. Bankers Dces Pine ST Pfacler&Co Bankers Broad Street Jobs Harsen Rhoades, Jr Richmond Hoxie Rhoades & Company New York Stock Exchange W.L. Lyons & CO New York Cotton Exchange New York Produce Exchange Chicago Board of Trade Louisville Stock Exchange Exchange Place Hoenn, Walbidge & Co N. W. Harris & CO Bankers Pine Street Corner William Boston Bonds W.e.r.smith & Co New Jersee Securities Broad St N.W. Halsey & CO Bankers Bonds Wal St Brown Brothers & CO Boston & Baltimore Alexander, Thomas & Davies Aembers Bankers and Brokers Pine Street Investment Guaranty Trust Co Mutual Life Building John W. Castles the Financial Markets Lic Franklin Greene Michigan Montana Nevada North Butte Osceola U. S United Copper Utah Victoria Money and Exchange Bullion and Mining E. Cat S. Steel Fd Boston Elevated Boston & Albany Boston & Maine Boston & Worcester Ae Eee Mass. Eloc Weer Teee Old Colony Rutland Pf Ween Union Pacific Pf West End Wae Ag. Chem Dominion Iron Pullman Pa “Swift Calumet & Arizona Calumet & Hecla Daly- West W.N. Cromwell PENNA Iron and Steel Notes Metal Market Reports Macon Ry. & L United Rys. Inc United Rys. Ctfs Ala Coal & Iron Northern Central Ctfs United Rus Continental. Trust Coal & Iron Pf Consolidated Gas Houston Ol Sccees Buffalo Dann & Robinson Ellicott Square London Stock Market Burlington & Missouri River Railroad Company Nebraska Burlington & Missouri River Elaine Neoras Securi Ima Abeyake Oe Willier General Assembly of Maryland Ana Sive Copartnership Notices Jacobs’ & Davidson Louis Jacobs King Davidson Jacobs & Davidson William E. Hill Greene Street Lols Jacars King Davidson Manhattan Bronx United Hebrew Ca Second Avenue Isaacs
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