European Markets Fall Amid Russian Disturbances
The fifth straight decline touched many stocks including copper shares Reading Steel Pennsylvania Union Pacific and St Paul with losses of 1 to 2 points. Grain rose on damage reports and unsettled European markets while oats and corn hit fresh season highs. Paris fears grow from Russian turmoil and a 3 percent loan discount. Bank loan figures show a $913 000 rise signaling ongoing liquidity pressure and anticipated midyear disbursements.
MENTIONED IN THIS ARTICLE
Reading
Pennsylvania
Union Pacific
St. Paul
London
Paris
Russia
Wall Street
Bank Statement Shows Narrow Cash Increase Amid Deposit Rise
The week ends with a modest net cash gain of 173000, smaller than Friday's estimates. Deposits rose by 1,046,701, the largest change, triggering a reserve need of 261,675. Cash growth failed to cover this, reducing the surplus by 88,675 to 7,072,873 over reserve requirements.
Money and Exchange Rates From Daily Financial Briefs
Time money at 4 percent for thirty days and higher rates for longer terms. Mercantile paper quoted at 5.5 percent for sixty to ninety days, with variations for indorsed bills and single names. Clearing House shows exchanges at 421 million with balances over 10 million. Sterling exchange firm with nominal and actual rates close to 4.86. Continental and other foreign exchange levels listed, along with New York domestic center figures and city discount/premium notes.
MENTIONED IN THIS ARTICLE
Mercantile Paper
Clearing House
Sub- Treasury
Sterling Exchange
Continental Exchange
Reichsmarks
New York
Boston
Chicago
New Orleans
Savannah
Cincinnati
St. Louis
Charleston
Commodities and penny stock notes from market wrap
Bar silver in London quoted at 30 1 2 per ounce and New York at 6544 cents. Mexican dollars 50 togc. Consolidated Exchange trades include 2 000 Atlanta at .17, 1 500 Comstock at .20, 1 000 Gold Sovereign at .06, 100 Jim Butler at 1.20, 300 Mexican at .63, 500 Portland at 1.22, 50 Tonopah Nevada at 19.00, and other small lots in various issues.
MENTIONED IN THIS ARTICLE
London
New York
Consolidated Exchange
Atlanta
Comstock
California
Virginia
Hale & Norcross
Indiana
New York Stock Exchange Notes June 16 1906 Unlisted
From last sale and based on 100 share lots this Saturday report lists unlisted stocks at the New York Stock Exchange reflecting market activity for the day.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Trading In Baltimore Special to The New York Times
Baltimore market reports trading light with few price moves. Canton Company declares a $1 per share dividend while consolidation plans for Consolidated Gas Company and Consolidated Gas Electric Light and Power are pushed to minority stockholders early next week. Gas stock trades at 88½ as United Railways considers a $7.5 million debenture issue secured by a third mortgage with 5 percent interest for twenty years, underwritten by a 45 percent bonus. New York bankers show interest. session closes firm but dull.
MENTIONED IN THIS ARTICLE
New York Times
Baltimore
United Railways
Canton Company
Consolidated Gas Company
Consolidated Gas, Electric Light and Power Company
Comny
Income Bondholders’ Association
New York
Market summary from Paris Berlin run on the Russian mood
The report notes heavy trading on the Paris Bourse amid Russian mood fluctuation, with imperials at 77.00 and 1904 bonds at 485.00 francs, three percent rents at 97.47 francs, and London exchange at 25.18 francs. Berlin Boerse saw dull trading as Russians’ weakness weighed on prices, with London exchange at 20.48 marks. Short bills at 4 percent and three months bills at 8.5 percent are listed.
MENTIONED IN THIS ARTICLE
Seatisns
Paris
London
Berlin
London Stock Market Pressured by Bank Reserve and Russia Threat
The London stock market waits on Bank of England reserve actions as rates stay high and trading remains cautious. Analysts fear a Russian upheaval could shrink securities, with consols at their lowest this year and Irish land stock issuing pressure on prices. The new government has not lifted hopes of consol movement to par.
MENTIONED IN THIS ARTICLE
NEW York Times
London
Bank of England
America
Atlantic
Russia
Stock Exchange
London market dull as Russia fears weigh on stocks
In London on June 16 supplies of money were ample but demand quiet. Discounts eased and stock trading was dull with price declines. Nervousness from Russian developments spilled to Paris where the Bourse caused softer Consols and lower new Russian issues. Rail shares weak. Americans opened near parity and drifted lower. gold and other quotes cited. The Secretary of State for India reported a $250,000 gold shipment due July 8.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Russia
Paris
Goldee
Madrid
Lisbo
India
American Mining Stocks Listed in London Prices
Prices for American mining stocks reported from London yesterday show Camp Bird Tomboy and El Oro in pounds sterling. The figures reveal trading levels for these securities as listed by London observers.
MENTIONED IN THIS ARTICLE
London
Camp Bird
Tomboy
el Oro
Cotton Market Weather Forecast and Price Movements
The report outlines regional forecasts with Sunday and Monday showers across many states, winds turning northeasterly, and cooler conditions in interior Texas and Arkansas. It notes extensive rains sustaining new crop options with October at 10.42 and December at 10.48, and July at 10.63 after a day of mixed trading and light volume.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Oklahoma
Indian Territory
Arkansas
Tennessee
South Atlantic
Fall River
Liverpool
Wheat and Corn Market Update Shows Bull Move in Wheat
Wheat continued its rally lifting prices near season highs as No. 2 red traded around 94 1/2 to 95 cents. Corn saw active buying on drought fears in Nebraska with July around 60 1/2 to 60 3/4 cents and cash bids at No. 2 61 cents elevator, 61 1/4 cents on board.
MENTIONED IN THIS ARTICLE
Liverpool
Duluth
Manitoba
Nebraska
Chicago
New York
Baltimore & Ohio plans multi million dollar improvements
In addition to the twenty seven million dollar stock issue, Baltimore & Ohio contemplates 15 to 20 million more improvements. This is seen as an argument against raising the dividend from 5 to 6 percent despite large earnings. Rumors say the dividend hike may be delayed.
MENTIONED IN THIS ARTICLE
Baltimore & Ohio
Pennsylvania
Failure on Little Board Forces Shaw Suspension
The failure of W. M. Shaw to meet Clearing House balances on the Consolidated Exchange was announced at the opening yesterday. Shaw has been a member since 1883 and connected with a chai association dating back to earlier days. He has 24 hours to satisfy his balances before permanent suspension.
MENTIONED IN THIS ARTICLE
W. M. Shaw
Consolidated Exchange
Mr. Shaw
Shaw
Chicago Quotations on June 16 Show Mixed Industrial Moves
New York exchange held at par as time and call loans ranged 5 4 to 6 percent. Chicago Pneumatic Tool shares rose slightly on the local exchange, Illinois Brick gained before retreating, and Strawboard advanced. Chicago Subway weakened despite New York’s stability, while Diamond Match and Western Stone fell then partially recovered. American preferred slipped. Kansas City Light and National Biscuit declined.
MENTIONED IN THIS ARTICLE
New York Times
Chicago
New York Exchange
Local Stock Exchange
Illinois Brick
Chicago Subway
New York
American Preferred
Kansas City Light
National Biscuit
North Chicago
Northwestern
Bales
Can
Straw Board
Black Mountain
Chicago Pneu. Tool
Union Traction
Union Trac
Bila Easy
Daly-West Aeons
Chicago Brew
Chic. Brew
Street's P Seenenee
Pittsburg Transactions on Local Exchange
Pittsburg reports today show active trading on the local Exchange with assorted buys and sales across staples and commodities. Dealers note steady demand and closing prices near session highs.
Exchange memberships transfer and bank dividend declared
The New York Stock Exchange memberships posted for transfer include William G. Pieming to David I. Mackie and Charles G. cters to Henry Stanley Haskins and Charles W. Laecke to Alfred Will statter. At the German Exchange Bank meeting on June 15 a semi annual 7 percent dividend was declared from earnings of the last six months.
MENTIONED IN THIS ARTICLE
New
Yok Stock Exchange
William G. Pieming
David I. Mackie
Charles G. Cters
Henry Stanley Haskins
Charles W. Laecke
Alfred Willstatter
German Exchange Bank
Offey Population Census 1900 and county finances
The record notes population data from the 1900 census for Offey, and provides property value, bonded debt, and sinking fund figures. Assessed property value totals $12,845,370 with county bonded debt of $50,000.08 and a sinking fund of $9,253.89.
MENTIONED IN THIS ARTICLE
Offey
Auction Notice From Anne Arundel County Commissioners
Public bids of forty dollars and 146.11 dollars will be opened at noon on June 26 in the County Commissioners’ office in Annapolis. Full information available by inquiry to the undersigned. By order of the County Commissioners of Anne Arundel County. W. W. Hibbard, Clerk
MENTIONED IN THIS ARTICLE
County Commissioners’ Office
Annapolis
Anne Arundel County
W. W. Whbb
Mortgage loan on estate by Alexander Schate
A loan of 200000 dollars is offered on mortgage by estate of Alexander Schate located at 220 Broadway with no delay. The offer cites a 41 percent rate and recommends prompt action.
MENTIONED IN THIS ARTICLE
Alexander Schate
Broadway
Empire Steel and Iron Company declares semiannual dividend
Catasauqua Pa June 14 The Board of Directors declares a dividend of one and one half percent on the Preferred Stock from the six months ending June 30 1906 payable July 1 1906. Transfer books close June 20 at noon and reopen July 2. Stillman secretary. Also State Bank declares fifty percent dividend free of tax payable July 24 1906 with transfer books closed until that date.
MENTIONED IN THIS ARTICLE
Catasauqua
Empire Steel and Iron Compan
Stillman
the State Bank
Grand Street
New York
A. Y. Voorhis
Hudson Realty Company declares quarterly dividend in June 1906
Hudson Realty Company 135 Broadway declares a 2 percent quarterly dividend payable June 40 1906 to stockholders of record June 20 1906 by order of the board of directors. Samuel E Jacobs treasurer. June 14 1906. Also coupon No 24 July 1 1906 Jacksonville Terminal Co first mortgage 5 percent bonds to be paid at Guaranty Trust Company of New York on and after July 2 1908. W M Davidson acting treasurer.
MENTIONED IN THIS ARTICLE
Eseeeresseresseere Ss
Bee
Eseeaveseeeeves
Apa Bales
Aign
Allis-Chalmers Co
Allis-Chalmers Co. Pf
Amalg. Copper Co
Beet Agar Co
Car & Foundry
Hide & Leath
Ice
Locomotive Co
Sug Ref
Tobacco Co
S. F. Pf
Baltimore & Ohio
Brook
Pacific Cave
Chesapeake & Ohio
Chicago & Aiton
Great Western
Gt. West
Mil. & St. Paul
Ob Hi
Northwestern
Chi Union Traction
C. & St. Louis
Colorado Fuel & Iron
Colorado & Southern
Colum. .& Hi. O* l
Consolidated Gas A
Ref. Co
Delaware & Hudson
Denver & Rio Grande
Distillers Securities
Erie
Great Northern Pf
Hocking Valley
Interb
Illinois
Lake Erie & Western
Louisville & Nash
Minn
St. Louis
Nat. Enam. & Stamp
Nat. Lead Co
Nat. R. R
New Orleans Ry. & L.of
Pennsylvania K. R
Peoria & Eastern
Raesed Steel Caraeanee
R. R. Sec
Rock Is
St. L
F. 2d
Ube
Sloss-Shef. S. & Iron
Southern Pacific Ee
Ry. Pf
Texas & Pacific Eee
Tol
A'ways & Light
St. L. & West
Twin City Rap
Union Bag
Union B. & Paper
Union_ Pacific
United Rys
U. S
U. S. Realty & Imp
U. S. Red
Coeree
U _ S. Rubber
Wa.Caro, Chemical
Va.Caro. Chem. Pf
Va. Iron, Coal & Coke
Vulcan
Wabash Ve
Wabash P
Wells-Fargo Express
Maryland
LOY
Hiudson Realty Company
Broadway
Samuel E. Jacobs
Jacksonville Terminal CO
Guaranty Trust Company of New York
W. M. Davidson
Miaden Lane Savings Bank Dividend Notice
By order of the Trustees the semi annual dividend at the rate of four per cent per annum will be credited on June 23 on all sums of ten dollars and up to three thousand dollars which shall have been deposited on and prior to the third day of April eighteen hundred and six. Money deposited now and up to July tenth will draw interest from July first. Deposits received daily from nine thirty A M to five twenty nine P M Saturdays from nine A M to one P M. Louis Windmuller Maurice Maas, President Secretary.
MENTIONED IN THIS ARTICLE
Louis Windmuller
Maurice Maas
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the Financial Markets
Money and Exchange
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Androscoggin
Lancester
Massachusetts
Merimac
Pacific
Queens City
York
Penn, Inc
Norfolk Ry
United
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Seaboard Co. Com
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Philadelphia
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Tehigh Valley
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Rapd Transit
United Gas
Alliance Insurance
American Gs
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Sue Bankorth America
Cambria Iron
Trac
Elec? Co
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Hay
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Mackay Cos
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Man
Transit
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Eis
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Dolores, Ltd
Dom
Creek
Gold Hill
Granby Con
Greene C. Cop
Greene G
Heather
Mitchell Min
Nev. C. Co
N.-U M&s Bt
Nip. Mines Co
Penn. & Co
Metals Cor
Eaene
Union C Co
Utah Apex
M. Mi
Tree Nee
Setis
de Narai Sant
Bay State Gas
Beth. §. Corp
Meng
United Cigar
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Y Sat
Crip. Cr
Tran
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Tah
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Cop
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Giroux
Gola Hill
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Nipissing
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Pbs
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Cedar H. M. & M
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del. & H
Siena
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Ches
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Denver
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ooh +hunt. & Western
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UN. Pacific
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Wabagh
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London Stock Market
the Consolidated Exchange
Allis-Chalmers
Amal
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Am. Ag
T. F
Balt, & Shia
Brook. P. Tr
TOY
Can. Pacific
Oat
Gah. Mrval
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aTy
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Pneu
Boston Land
Swift & Co
United Shoe
U. S. Steel Pf
Bingham Oe
Calumet & Arizona
Calumet & Hecla
Daly-West
Franklin
Eeneseser
Seeees
Mohawk Santos Eeesee
G. M. Haffords & Co
Linen Co
Arkwright Mills
Border City Mfg. Co
Barnab Mfg. Co
Chace
Cornell Mills
Davol
Firnt Mills
Granite Milla
Seeess Sey
Hargrave’s Mills
Luther & Co
Merchants’ Mfg. Co
Mechanics’ Mills
Narragansett Mills
Eae
Osborne Mills
Pocasset Mfg. Co
Richard Borden Mfg. Co
Oae
Sagamore Mfg. Co
Eeee
Wee S
Stafford Mills
Wee Ae Ae
Tecumseh Mills Cae
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Kidder, Peabody & CO
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NEW_YORK
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Gardner & Co
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C. C
Haven
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Portland Ee
el Paso
Rose Maud
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Rose Nicol
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