Topics in Wall Street Support and Short Covering in Strewn Market
Stocks eased and then recovered as bears retreated on strength from banking support and short covering. Reading Directors meet amid rumors Bond sales signal strong investment demand, with St Paul bonds cited and a three-phase process noted for big issues.
European Markets Report From London and Paris June 16
June 16 market notes show steady to irregular trading across London Paris and Berlin. Kaffir and American shares weakened while Home rails firmed on investment demand and Wall Street liquidations influenced sentiment. Bar silver held at 24 d per ounce and bond rates stood around 1 1 2 percent.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Wall Street
United States Steel
Paris
New York
Trading in Baltimore Seaboard Shows Strength
The Baltimore market was quiet on June 16 with Seaboard issues leading activity. Seaboard first preferred stock rose to 75 briefly, then settled at 74 for a net 1 percent gain as 580 shares traded and bonds totaled 113000 dollars.
MENTIONED IN THIS ARTICLE
New York Times
Baltimore
Seaboard
Seaboard First
Coffee market shows light activity as April bid rises then retreats
The market remained quiet with an initial 5 point rise in the April bid later erased. Sales reached 9,500 bags while spot Rio traded quietly around 7 1/2 cents. Brazilian futures showed mixed small moves with Rio down 75 reis and Santos up 50 reis. near-term contracts quoted from June through January hover near 5.75 to 6.70.
MENTIONED IN THIS ARTICLE
Hamburg
Rio
Santos
Bisa Atsees Nes
Ceceenes
Auriust
Ata i
Tiiinsos
Eeess
Wee
Market closes with mixed gains for Booth Fisheries
In Chicago on June 16 Booth Fisheries trimmed to 14 for regular and held 50 for Booth Fisheries preferred. Street's Western Stable Car preferred led advances, rising about one point, while Swift shares slipped three-fourths of a point. National Biscuit and Edison fell, and American Can preferred dropped about 1.5 percent.
MENTIONED IN THIS ARTICLE
New York Times
Chicago
Booth
Swift
Street
National Biscuit
Edison
American Can
Booth Fisheries
Booth Fisheries Pf
Chicago Subway
Faison
Nat
K. C. Light
Quaker Oats
Quaker Oats PF
Sears-Roebuck Pf
South Side
Street’s Pf
Swift & Co
United Boxboard
Public Accountants Firm Dissolved by Mutual Consent
The firm of Little & Cer Proposals at 2 Rector Street New York has dissolved by mutual consent on June 15 1909 G Elliontte Little Edward C Goodman.
MENTIONED IN THIS ARTICLE
NEW York Central & Hudson River Railroad Company
New York
Edward L. Rossiter
Tified Public Accountants
Rector Street
New York City
G. Elliotte Little
Edward C. Goodman
Little
Interest to Be Added Bid Asked Am Cigar and Rail Bonds
Lists bid and asked prices for various bonds with maturities from 1910 to 1913 including American Tobacco Am Cigar A and B, Am Tel and Tel, Atlantic Coast Line, Chesapeake and Ohio, Interborough, Kansas City Southern, Lackawanna Steel, Lake Shore, Louisville and Nashville, Michigan Central, Minnesota and St. Louis, Western Union, Norfolk and Western, Pennsylvania, Southern, Tidewater, and Western Electric and Manufacturing. Prices shown in percent with fractional dots. Some entries show multiple years and par values typical of early 20th century bond listings.
MENTIONED IN THIS ARTICLE
Tel
Atlantic Coast Line
Chesapeake & Ohio
Lake Shore
Louis. & Nash
Mich. Central
Minn. & St. L
W. Y. Central
Norfolk & West
Pennsylvania
Southern
Tidewater Co
Elec. & Mfg
Treasury figures show reserve funds and current liabilities
The daily Treasury bulletin lists the reserve fund at 150 million in gold, trust funds to redeem outstanding certificates totaling 841.8 million in gold, 485.2 million in silver dollars, and 4.25 million in 1890 silver dollars. General fund and deposits in national banks amount to 76.4 million and 4.34 million in the Philippine Treasury, with awaiting reimbursement at 21.2 million and current liabilities at 108.5 million.
MENTIONED IN THIS ARTICLE
Philippine
Debentures Sold. Munro Sails Abroad. Butte Electric Bonds Held
The $25 million St Paul debentures purchased last week by Kuhn, Loeb and Co and National City Bank have been sold. Robert F. Munro, president of American Cotton Oil, sailed for Europe aboard the Mauretania to promote the company. Large deposits of Chicago Great Western stock show widespread distribution amid its reorganization under J P Morgan Co. Lee Higginson & Co bought $1.65 million of first mortgage bonds of Butte Electric and Power Co dated 1901 and due 1951. the company spans 225 miles and has year by year earnings exceeding twice interest charges, with four months to April 30, 1908 nearly three times.
MENTIONED IN THIS ARTICLE
St. Paul
Kuhn, Loeb & Co
National City Bank
Robert F. Munro
American Cotton Oil Company
Europe
Mauretania
Munro
Chicago Great Western
J. P. Morgan & Co
Lee, Higginson & Co
Butte Electric and Power Company
Readjustment Plan Tied to CH&D Railway Certificate Deposits
The Cincinnati Hamilton and Dayton Railway Company announces a readjustment plan for holders of 43 percent notes and related Central Trust Company of New York certificates of deposit. The depositary, committee members, and secretary offer copies of the plan and the deposit agreement, urging timely deposit of outstanding certificates. Blank transfer endorsements will be issued on suitable receipts from Central Trust Company of New York.
MENTIONED IN THIS ARTICLE
Malin
Broadway
New York
Empire Trust Company
H. M. Gough
Fidelity Trust Company
The
Bee Trust Company
Andrew H. Mars
Chesapeake and Ohio
Central Trust Couny
Chesapeake and Ohio Railway Company
Railway Company
City of
Central Trust Company of New York
Wall Street
N. Y
Geo. W. Stevens
Cincinnati, Hamilton & Dayton Railway Company
Cincinnati, Hamilton & Dayton
Baltimore & Ohio Railroad Company
Baltimore, & Ohio Railroad Company
General
J. N. Wallace
Harry Bronner
Smithers
Henry S. Redmond
John H. McClement
Also Mentioned on This Page
United States
Coulisse
Reading
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
Bishopsgate St
Boulevard Hansemaia
Travelers’ Letters of Credit
Guardian
London Exchange
Berlin
Ball
City
Carolina Central
Ga., Car. & Nor
Maryland Elec
Memphis
Nor, & Ports
United Rys
United Rys. Inc
Fng
American Bondineee Consolidation Con One
Houston Oilensevece
Northern Central
Seaboard Co. Com. Oe
Seaboard Co. Ist of
Seaboard Co
Western Maryland
Lawyers Title Insurance& Trust Company
Montague Street
Brooklyn
Edwin W. Coggeshall
Louis V. Bright
Thorwald Stallknecht
Archibald Forbes
David B. Ogden
Herbert E. Jackson
Walter N. Vail
Lewis H. Lose
Geni
Mager
Condit Varick
F. Botterworths
WILLIAM A. DAY, WILLIAM P._ DIXON, JULIAN D. FAIRCHILD
John T. Lookma
Henry Morgenthad, James N. Wallace
Foreign Public Securities
Hessian
Saxony
Cologne
Augsburg
Munich
Frankfort
Vienna
Mercetsia Siete
Lon- N.Y
Don Equiv
Ch'ge
Atchison
Pacific
St Paul
Ar Pacific
U. Steel. Oe
S Steel
S. d
Esperanza
Camp Bird
Eeccee
Dolores
Stratton
sInd
Butte
First Mortgage
United States Mortgage & Trust CO
Great Falls Water Power & Townsite Co
Montana
Vicinity
Boston
LEE, Higginson & Company
Coggeshall & Hicks Bankers & Brokers
CORT
Chicago Stock Market
R. E. Robinson & CO
Dick & Robinson
Broad Street
Philadelphia
E. P. Jennings
Newhouse
J. Parke Channing
Miami
Plaza
New Netherland
Savoy
St. Regis
Grand Union
Belmont
Knickerbocker
Astor
Waldorf-Astoria
Wolcott
Holland
Imperial
Dilsey
Breslin
Hoffman
N. B
Trinity Place
American Type Founders Compan 800 Communicaw Av
Jersey City
N. J
John T. Murphy
Western Union Telegraph Company
A. R. Brewer
NEW York Trust Company
Board of Trustees
H. W. Morse
Electric Storage Battery Company
Allegheny Avenue
19Th Street
Walter G. Henderson
Aeolian, Weber Piano and Pianola Company
WM. E. Wheelock
Lawyers Mortgage Company
Liberty St
George
Seward
Pittsburgh
Cincinnati
Chicago & St. Louis
Steuberville & Indiana Eee
National City Bank of New York
T. H. B. McKnight
Garvin Machine
Spring and Varick Sts
George Maclaga
Trens
Columbia Bank
Forty-second Street
Ww. S. Griffith
United Traction and Electric Company
Sweetland
Phoenix National Bank
City of New York
B. L. Haskins
General Chemical Company
James L. Morgan
Pennsylvania Company
T. H. B, McKnight
Bank For Savings
NEW _YORK
Fourth Avenue
Walter Trimble
Charles A. Sherman
James Knowles
West 23d Street
Ethelbert Belknap
Fort Hancock
Department of the East
W. J. Hawkins
U. S. Army
Fort Ncock
Post Hospital
U. S
U. & Army
Otsego County
W. Y
Board of Supervisors
Second National Bank of
Cooperstown
New York Exchange
Supervisors’ Chambers
Frank B. Cooke
James P. Friery
Board of, Supervisors
Chesapeake and Ohioa
Com
the Treasury Balances
Washington
Treasury
Financial Notes
Mississippi Central Railroad Company
Standard Trust Company of New York
Harvey Fisk & Sons
Cedar Street
Borough of
Manhattan
Mississippi Ee Railroad Company
F. L. Peck
Trustee Securities Company
Rector
Kansas City Southern Railway CO
Kansas City Southern Railway Company
Kansas He Southern Railway CO
Edson
AB. Sperry
National
Safe America
York
National Bank of North America
New Area
H. W. McKinnon
New
Aeon National Bank of New York
New Amsterdam National Bank of New York
John W. McKinnon
EPPS
Edward E. Epps &Co
William St
N.Y. A
Cleveland and Marietta Railway Company
H. B. McKnight
Treggurer
F. L. Babcock
Jolene
Larkin & Rathbone