Successful Bond Flotation Profits for Banking Group
The Baldwin Locomotive Company issued 10 million dollars in five percent first mortgage bonds bought by Brown Brothers of Philadelphia and Kuhn Loeb & Co. All underwriting profits were distributed without calls on subscriptions. The story notes improving yet tentative market conditions and mentions related Wall Street commentary and rail industry orders.
MENTIONED IN THIS ARTICLE
Baldwin Locomotive Company
Brown Brothers
Philadelphia
Kuhn, Loeb & Co
Wheat and corn futures fluctuate amid wet and dry reports
Upticks and retracements mark the session as traders weigh Liverpool notes and weather forecasts from the Northwest and Southwest. Caution grows with oversold signals, fund buying by commissions houses, and near term firmness in Northwestern prices while cash markets show limited demand. Cotton and hogs influenced by notes from overseas trading and domestic carrying costs.
South Side and Metropolitan Elevated shares rise on consolidation plan
Active demand on the Chicago exchange for South Side and Metropolitan Elevated Railway shares followed news that Blair interests plan to consolidate overhead traction in the city. South Side stock rose to 6345 and Metropolitan Elevated preferred held 63, later reaching that level. Coffee prices steady with 10,200 bags traded. Brazil market conditions showed rain and cold with Brazil visible supply of coffee for U.S. at 2,856,051 bags.
MENTIONED IN THIS ARTICLE
Chicago
South Side and
Metropolitan Elevated Railway
Local Exchange Today
Blair
South Side
Metropolitan Elevated Preferred
Carbon Preferred
Booth Preferred
Havre
Hamburg
Brazil
Rio
Santos
London
United States
Cosf
Rio No. 7
Rail and Bank Deals Move As Market Notes Appear
The Pittsburg Cincinnati Chicago and St. Louis Railway bonds totaling 4 900 000 were sold after purchase by Kuhn Loeb and Speyer. Banco Mexicano de Comercio e Industria declares 6 percent dividend for 1909, the third consecutive at this rate since 1906. J P Morgan and Co announce 4 percent interest on Hocking Valley preferred stock through June 20 as part of a plan to retire stock. United States Mortgage and Trust Company named Trustee for Southern Pacific San Francisco Terminal bonds and Algoma Central Hudson Bay Railway bonds.
MENTIONED IN THIS ARTICLE
Pittsburg
Cincinnati
Chicago & St. Louis
Kuhn, Loeb & Co
Speyer & Co
Banco Mexicano de Comercio E Industria
City of
Mexico
Deutsche Bank of Berlin
Banco Nacional de Mexico
J. P. Morgan & Co
Hocking Valley
United States Mortgage and Trust Company
Southern Pacific Company
San Francisco
Algoma Central & Hudson Bay Railway
First Mortgage
New York Times Weekly Financial Review Ad
Stockholders informed on market movements by The New York Times Weekly Financial Review. Railroad earnings at a glance range of prices for ten years complete price list of all securities active and inactive. All the financial news of the day for One Dollar a year by mail. Good strong binder to preserve the Review sent for One Dollar.
MENTIONED IN THIS ARTICLE
New York Times Weekly Financial Review
European Markets Show Mixed but Steady Tone in June Trading
London July 15 reports ample money and easy discounts as markets open uncertain. Rio Tintos traded in Paris rubber shares rise on auction news, Continental buyers outweighing sellers. American securities steady with early gains from Erie issues and Southern Pacific bonds. afternoon buys sustain prices. Bar silver at 24 4/4d, open market discount rates 2 1/16 and 2 9/13 percent. Paris firm on three per cent rentes. exchange London at 25f 25e. Berlin quiet but firmer Boerse prices. London exchange 20 marks 49 prem. private rate 8 1/2 percent.
MENTIONED IN THIS ARTICLE
Liverpool
Manchester
Japan
China
India
New York
Gulf
London
Paris
Continent
Erie
Southern Pacific
India Council
Madrid
Lisbon
Bank of England
Berlin
Treasury Receipts and Expenditures Reported for June 14
The Treasury issued a statement showing yesterday's receipts and outlays for June 14 and the year to date. Total receipts reached 1.914 billion with internal revenue and miscellaneous items contributing. Expenditures totaled 1.300 billion, producing a surplus of 0.606 billion for the period.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Treasury
Eas
Fidelity Trust Company declares regular semiannual dividend
The Fidelity Trust Company board declares a 3 percent (8%) regular semiannual dividend on capital stock, payable July 1, 1910 to stockholders of record June 23, 1910. Transfer books close at 3 PM June 23 and reopen 10 AM July 1. Checks mailed June 30, 1910.
MENTIONED IN THIS ARTICLE
Fidelipfy Trust Company
New York
Fidelity Trust Company
Andrew H. Mars
NEW York Trust Company
Broad Street
Board of Trustees
H. W. Morsee
Manila Electric Railroad and Ligh Corporation
Yable
Bess
T. W. Moffat
Union Exchange National Bank OF New York
Pitth Avenue
21St Street
David
Fred K J. Warburton
Dividend Declared by Electric Storage Battery Co
The Electric Storage Battery Company announces a 1 percent dividend on both common and preferred stocks from net earnings. Payable July 1, 1910 to holders of record at the close of business June 23, 1910. Checks will be mailed. Walter G. Henderson, Treasurer.
MENTIONED IN THIS ARTICLE
The
Electric Storage Battery Company
Allegheny Avenue
18Th Street
Phila
Walter G. Henderson
United Traction and Electric Company
Jersey City
N. J
Inet
Co. S. Sweetland
National Biscuit Company
FE. Bugber
United Shoe Machinery Corporation
IL. A. Coolidge
Bank For Savings
City OF
New York
Fourth Avenue
Board of Trustees
Lst
Walter Trimble
Charles A. Sherman
James Knowles
Dividend notices from American Can and peers
Several New York area firms announce quarterly dividends with pay dates mainly July 1 1910 and June 30 1910 to stockholders of record in mid to late June. Companies include American Can Company United Traction and Electric National Biscuit Mercantile Trust Company Equitable Building American Manufacturing Company Bronx National Bank Pittsburgh Cincinnati Chicago and St Louis Railway General Chemical Company and others. Transfers and book closures at specified dates accompany each dividend.
MENTIONED IN THIS ARTICLE
Bronx National Bank OF
New York
Harry Kolbe
Pittsburgh, Cincinnati, Chicago & ST. Louis Railway Company
Steubenville & Indiana Railroad Company
National City Bank of New York
T. H. B. McKnight
General Chemical Company
Broad Street
James L. Morgan
Retirement Notice for Hocking Valley Preferred Stock
The Hocking Valley Railway Company announces the retirement of all preferred stock effective April 80, 1910. Holders must surrender certificates at J. P. Morgan & Company, 23 Wall Street, New York, to receive par value plus 4 percent annual dividend from December 31, 1909. Payment also offered to holders of trust receipts.
MENTIONED IN THIS ARTICLE
Hocking Valley Railway Company
J. P. Morgan & Company
Wall Street
New York City
WM. N. Cott
New York
Hocking Valley
J. P. Morgan & CO
Trustee Offers Bond Purchase For Pocahontas Collieries Bonds
The Knickerbocker Trust Company as trustee seeks to spend 21998.72 dollars to buy Five Per Cent sinking fund first mortgage gold bonds of Pocahontas Collieries Company Virginia. Sealed offers due by Wednesday July 6, 1891 to 60 Broadway New York City. Charles H. Keep, President.
MENTIONED IN THIS ARTICLE
Pocahontas Collieries Company
Virginia
Knickerbocker Trust Company
Broadway
New York City
Charles H. Keep
New York
E. L DU Pont DE Nemour Company
E. I. du Pont de Nemours Powder Company
Metropolitan Trust Company
City of
Tranten
Helena Light & Railway
Knickerbocker Trust CO
Electrical Securities Corporation
Standard Trust Company OF
Standard Trust Company of New York
Broad Street
Dee
WM. C. Cox
Also Mentioned on This Page
Tobey & Kirk
Equitable Gas Light Co
Warren W. Erwin
Calvin Tomkins
van Cleve Holmes
William N. Cowles
Warren W. Erwin & Co
Consolidated Stock Exchange of
N. S
Beaver Street
Nat'l Enam'l & Stpg
Pid Gilbert Eliott & Co
Norfolk & Western
Norfolk & West
Columbus
Ninth Ave
Steinway Ry
Second Avenue
BONDS
Broad ST
N. Y
Gilman & Clucas
New Haven
Pine St
Salisbury & Goodwin Bankers and Brokers
New York Stock Exchange
L. B. Wilson
D. M. Ferguson
L. B. Wilson & CO
Wall St
H. M. Byllesby & Co Engineers
LA Salle Street
Portland
Ore
Oklahoma City
Okla
Mobile
Ale
George
1.Floung & Company
Cedar Street
Reading Co
Jer
Terre Haute, Indian. & Eastern Traction
Penington, Colket & Co
N. Y. & Phila
Telephone Cortlandt
Peabody Haughtering & Co
le Salie H
Wm. A. Read & Co
Nassau Street
Boston
Baltimore
Dallas & Waco
Detroit United
San Antonio
Aransas Pass
Helena Railway & Light
Southern Iron & Steel
Utah Light & Power
Southern Pacific of
Calif
E. Bunge & CO
Rector
Nited Bank Note Corporation
Dominick&Dominick
Simon Borg & CO Bankers
Nassau St
Lorain & Wheeling
Cleveland & Marietta
Blake & Reeves
Pine Street Bankers
Guaranty Trust Co
York
Fifth Ave
5Th Ave
Lombard Street
B. C
Office of
the Commissioner & Immigration
Ellis Island
Main
William Liana
Northern Pacific and
St. Paul
L. W. Hill
Great Northern Railway
James J. Hill
Hill
Great Northern
Northern Pacific
Mr. Hill
Baltimore & Ohio
Harriman Lines
Post Office Department
United Wireless Outfit
the Commodities Markets
Cateer
Argentina
Southwest
Manitoba
Scenies Commission
Shorts
Suny Ie Peneceue Ak Os
Ee Bily
Eveenees
IZ SD
Chicago Stock Market
Booth Fish
Ctrg
Chicago Bus. Ser
Chicago Telephone
Com. Edison
Chicago T. & Teen
Illinois Brick
Diamond Match
Aeee
National
National Biscuit
Sears-Roebuck
South Side el
Street’s Car Pf
Swift & Cote Eeveee
United Box Board
Chi
Rys
City Rys
Istore
Breese
Edison
Financial Notes
Pittsburg Transactions
Crucible Steel
Ohio
Pittsburg Brewing
Pitts
Ross Mining
Steel Este
West Air Brake
Elec
Bond River Coal
Kansas
Mount Elliott
Mount Shasta
Union Gas
Jones & Laughlin
Exchange
Anaconda
Om. Atchison
Canadian Pacific
T. Pa
Lvtity Erie
Ilinois Central
Lst Pf
Ae & Nash
Central
Peikeotenaan
Eee Tetal Tay
Union Pacific Southern Eee Isa
U. S. Steel
the Treasury
NEW Jones Central
River Lroad
New Tok
Edward L. Rossiter
American Can Company
R. H. Simon
Mercantile Trust Company
Equitable Building
William C. Poillon
Office Homestake Mining CO
Millson
Lounsbery & CO
American Manufacturing Company
Wall BT
W. Childs
Mount Morris Bank of New York
Lindley H. Hill
Charles Ahrenfeldt & Son
Murray St
Borough of
Manhattan
City of New York
France
New Yorks
Thomas Gibson
Gibson Pub. CO
William St
N.Y
American Woolen Company
WM. H. Dwelly, Jr
Mass
E van Deventer
J. G. White & Compost
Manila Electric Railroad and Lighting Corporation
Duluth Edison Electric Company
Duluth
Minn
C. E. van Bergen
Century Bank
Fifth Avenue
20Th Street
S. Mitchell
Pennsylvania Company
National City Bank New York
B. McKnight
Lawyers Title Insurance& Trust Company
Montague St
Brooklyn
Edwin W. Cogge
V. Bright
Qorwald Stallenboerr
Archibald Forbes
Walter N. Vail
David B. Ogden
Shall
Herbert E. Jackson
Lewis 8. Losee
U. Condit Vario Geet
Tecase
Robert I. Adts
George A. Fleury
Frederick D. Reed
Edwin W. Coggeshall
George F. Butterworth
Henry Goldman
William P. Dixon
Philip Lehman
Julian D. Fairchild
John T. Lockman
New York Office Chamber of Commerce
Emigrant Industrial Savings Bank
John J. Pulleyn
Thomas M. Mulry
Lawyers Mortgage CO
Richard M. Hurd
Liberty St
Seamen’s Bank For Savings
Savings Bank
Daniel Barnes
George M. Halsey
Metropolitan Trup
Beverly, Chew
Wall Streit
Borough of Manhattan
Newark City
New York Banking Dept
Industrial Savings and Loan CO
St. & B’way
West Point
Est Point
Metropolitan Savings Bank
Cooper Institute
Jonathan B. Currey
Edward Suereb
BROOKLYN =e BANK
N.ans
Bryan H. Smith
Edwin P. Maynard
Laurus E. Sutton
Sheridan
Wyoming
Ais
Ing
Stha
James J. Withrow
Adas—Coppers
Edward E. Epp3 & CO
Times Square