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Newspaper

New York Times

Location

New York, New York, United States of America

Date

Jun 18, 1902

Page

12

New York Stock Exchange Bond and Stock Quotes

Closing quotations for government bonds and stocks with no transactions listed. Includes bid and asked prices for 2s through 5s bonds, various railroad and industrial stocks, and notes on a $40,000 thirty-year 4 percent village bond award to George M. Hahn of New York in Saranac Lake.

King. & P Sm. Eee Lake Shore Man. Beach Bs. T MD. C. Pf Bs. c M._W.S. El D. C If. Sassked Gert Ss. Aishe Et Atenga St. Eel U. Pf Cent. C Bove _B A. B N. Es Eos Int M. Pf Coet Sikeessie W. & Bives Aliman Ksilver Isil le Parmalat Inghouse G. M. Hahn Saranac Lake N. Y Saranac Lake Village George M. Hahn New York Hahn Union Copper Tennessee Copper Greene Consolidated Ted American Can American Bay State Gas Borden’s British Columbia Camden Land Central Foundry Gold Hill Copper Greene Con Hall Signal Havana Commercial Havana Commercial Pi International Salt Mine Securities Ee Seeree OE Montreal & Bost National Enameling Nat. Enameling Pf Northern Securities Otis Elevator Eee Peo Dec. & Evans Oo San Fran. Com W. T San Fran. Pf Seaboard Air Line Standard Oil Toledo By. & Light Gas & el N. J N. J. Pf Vulcan tCuban Camden Trenton Ry Sentral Foundry Sentral Fireworks Central Fireworks Paoria & St. L Rubber Tire Ase Acontine Quicksilver Smpire Steel Impire Steel Nt Wweee Lackensack Meadows Tovacco Hacco Pf Sears Wees Werner Lum. & Pulp Lake Erie OTA S.eeee Cot Duck Il Universal Tobacco R. R . Park E. R Imbus Railway Pf Ti Trac Seewanee Ath Avenue N-Av T.n.av Rapids St. Ry Nion Railway 1St St. L. Pt United Rys Sv. L Jnion Traction Ry. & Electric Electric Pf Newark Gas of N. Weereeee J. C Denver Rdianapolis Laterdianapolis Amsterdam Yew Eng. Gas & Coke Yew FE Gas & Coke V.y. & E.R. Gas Co TY. & E.R. Gas Co. Con Northern Union Ss It. Joseph (Mo Paul Gas Standard Gas Western Aeeee One Ween Brooklyn Ferry East_ River Ferry Ast River Ferry Hoboken Ferry Y. & Hoboken Y. & Hoboken Con Aion Ferry Nion Ferry

Outside Securities Leads Market Gains and Copper Strength

The outside market showed Northern Securities as the standout issue with a notable advance amid a narrow trading period. Union Copper led the copper group with strong prices while Standard Oil added further gains. overall trading volume remained light with only around 10 000 shares of Northern Securities changing hands and a pool cited as the driver behind the rise.

Northern Securities Union Copper Standard Oil

Mining Stock Quotation News Names New Exchange Members

The Stock Exchange elected new members today: Hamilton Fish Benjamin, Hiram King, and Frederick W. Anness. Their day of admission highlights changes in the exchange roster.

Financial Markets Update Stock and Bond Transactions

A condensed report shows stock and bond activity with date comparisons. It notes year to date totals for shares and bonds, current money rates for collateral loans, and net changes with examples of advancing bonds and stocks.

Market Movement Shows Broad Stock Advance on Exchange

A further advance on the Stock Exchange with General Electric bucking the trend. Reading, Missouri Pacific and Great Northern preferred lead gains while Atchison, St. Louis and San Francisco, Norfolk and Western, Baltimore and Ohio, the Wa bashes and Big Four rise. Weather Bureau crop notes say corn grows, winter wheat improves, spring wheat mixed with Iowa damage but generally healthy elsewhere. Money remains easy as investors absorb stocks, and Northern Securities on the curb shows solid strength alongside the higher Great Northern preferred. Possible developments are talked of but remain vague.

Copper. Co Bicycle Co Car & Pe Car & F. Co Ice Co Locomo Locomo. Co Snuff Co Snu Tel Tel. Co M. Co S. F Baltimore & Ohio Brooklyn Rapid Trail Butterick’ Co Canada Southern Ca. Pac. Dfs Central R. Raa Chesapeake & Ohio Alton Ewee Ind Louis Mil. & St. P Chicago Union Trac Sateen Union Cl Eve Lor Wheel Colorado Fuel & Tron Colorado & Southern SL Col. & Southern Ist Col. & Southern 2d Consolidated Gas Ween Delaware & Hudson Denver & R Denver & R. G Detroit Southern M. & Ft. Dodge Detroit City Detroit United Erie Evans. & T. H General Electric Sens Geo. H Fuller Co Great Northern Hocking Valleycee Hocking Valley Pf Illinois Central Eee International Paper Eet International Paper Internat Towa S & Pt Kan City Southern City Southern Pf Lake Erie West Eee Nee Louisville & Nashville Manhattan Minn St. Louis St. P Texas Missouri. Pacific Nat. Biscuit Co Nat. Lead Co Sewer Nat. R. R MGR Socense New York Central New York Dock Norfolk & Western Acific Mail Shane On & Steel Seeee St. Jo Iron & Steel G. I T. L San Fran Ify Thusda Southw Eatouthern Pacific Southern Railway Eeaees Byers Ennessee Coal & Iron Pacific Een Rexea S & West At. L. & West Pf Teen Ll Vin City Ree N’n Bag & Paper Co Anion Pacific S. Leather S. Red S. Rubber S Steel Caro. Chemical L. E Stock Exchange General Electric Reading Missouri Pacific Great Northern Preferred Atchison Iowa

Copper production and exports surge tied to record output

The activity in copper shares may be traced to last month’s home production reaching a record high while exports exceeded by over 6,000 tons from the same month last year.

Control of Reading Stock Sparks Wall Street Speculation

Wall Street debates who will control Reading stock as heavy buying continues. Trading reaches 105000 shares with a 2 point rise and 1 percent net gain while preferred shares show unusual activity. Rumors point to Pennsylvania Railroad, Van derbilt interests, and Morgan influenced parties, though Philadelphia officials deny involvement and insist Morgan controls the property.

Wall Street Reading Pennsylvania Railroad Vanderbilt New York,Central Baltimore and Ohio Pennsylvania Arters Gould Jersey Central Mr. Morgan Philadelphia Morgan

Missouri Pacific Stock Rises Amid Dividend Hold

Missouri Pacific led active stocks yesterday with a 134 point gain and closed at day’s high. Purchases were made by the Rockefeller Gould pool, but the dividend will not be increased at the upcoming meeting. Market observers expect a rate hike six months from now.

Reading Missouri Pacific Rockefeller- Gould Pool

Copper market supports improving trade position

Trade interests attribute firmer Copper stocks to improving market position as official May exports reach 16,288 tons versus 10,062 last year, with domestic production at 22,392 tons in May and 25,768 tons for the five months ended June 1.

1902 May output largest on record for production

In 1902 the five months total reached 118 708 tons, up from 110 tons in the same period last year. May production is understood to be the largest monthly output on record.

Street designates bobtail pool raising city issues

The Street assigns the bobetail pool as the cause of rising concerns in St. Joseph and Grand Island though no public backing formed. Directors are to meet Friday to decide the first 2 percent semi annual preferred dividend while no dividend on the second preferred is expected at present.

Bobetail Pool St. Joseph Grand Island

Crop reports predict larger harvests for Lake Erie and Western

A Indianapolis source says Samuel Sweet reports from 138 points along Ohio Indiana and Illinois indicate wheat up 20 percent oats up at least 12 percent and corn acreage 10 percent larger than last year. The data aim to inform directors before a planned preferred stock dividend increase.

Wall Street Financial District Lake Erie and Western Indianapolis Samuel Sweet Ohio Indiana Illinois

Wall Street Trading Shows Profit Taking and Mixed Moves

Under cover of strength in Reading and Missouri Pacific there was selling of St Pauli and Union Pacific for Western accounts. The decline in General Electric followed a large sell order and concerns about Stanley Company earnings. Sugar Trust eased on Cuban tariff developments while Great Northern rose with Northern Securities. Wabash gained on a cash inflow boost for mid June. many moves reflect cautious traders rather than solid shifts.

Reading Missouri Pacific St.Pauli Union Pacific Financial District Pressed Steel Car American Car and Foundry General Electric Stanley Company Messrs. Whitney and Ryan Washington Shorts Great Northern Northern New York Dock

Atlantic Trust Declares Quarterly Dividend

The Atlantic Trust Company yesterday announced a 2 percent quarterly dividend, down from 11.5 percent previously. The dividend is payable June 30.

Atlantic Trust Atlantic Trust Company

Sage returns to downtown duties after month absence

Russell Sage drives to his office with Col. J J Slocum and attends four board meetings at the Importers and Traders National Bank Western Union Teleghraph Company Missouri Pacific Texas and Pacific United States Guaranty and Trust Company A retracted eagle arrival noted at home prior to lunch and a meeting on the death of director R W Townend.

Russell Sage Mr. Sage Col. J. J. Slocum Importers and Traders’ National Bank Western Union Telegraph Company

Erie Railroad Plans 20 Million Dollar Upgrade Program

Reports indicate the Erie Railroad will within a short time arrange to spend 20 million dollars on radical changes and permanent improvements aimed at modernizing its system.

Erie Railroad

Standard Milling Not Party to Millers' Association Pact

Standard Milling Company is not a party to the combination between the National Millers' Association and the National Millers' Federation, according to the statement.

Standard Milling Company National Millers’ Association National Millers’ Federation

Financial market notes and corporate bond issues

An advance of half a cent in sterling exchange is reported. The Philadelphia Stock Exchange lists 1,565,000 collateral trust convertible five percent gold bonds of the American Railways Company. Great Northern Paper plans 3,000,000 five percent twenty five year bonds at par to fund debt and a new mill at Madison Maine. Thomas J Hurley and associates acquire controlling interest in New York Petroleum Soap Company stock.

Philadelphia Stock Exchange American Railways Company Great Northern Paper Company Madison Thomas J. Hurley and Associates New York Petroleum Soap Company

Port of New York exports decline for week and year

A weekly report shows a $2,996,800 drop in general merchandise exports from the Port of New York versus the prior week and a $1,438,151 decrease versus the same week last year. The declines indicate softer outbound trade activity during the period.

Port of New York

Boston Stock Exchange Closed on Bunker Hill Day

Financial circles observed Bunker Hill Day with the Boston Stock Exchange and banks closing. Brokers’ offices operated with few clerks while New York activity drew viewers to watch Wall Street quotations.

Boston Bunker Hill Stock Exchange New York Wall Street

Money market and exchange rates report summary

Money on call quoted at 2 3 percent, closing 2 1 4 percent, most loans around 3 percent. Time money 4 4 5 percent for sixty days to six months, collateral dependent. Mercantile paper 4 1 4, 4 percent for 60 90 days, 4 5 percent for four to six months single names, 5 percent for others. Clearing House: exchanges 264,251,489 dollars, balances 9,736,788 dollars, Sub-Treasury debit 691,056 dollars. London money on call 2 2½ percent, open market discounts 2 9 16 and 2 percent for three months bills. Foreign exchange dull and firm. posted sixty days 4.86, demand 4.88 percent. Actual business rates: sixty days 4.85 4.8514, demand 4.8754, cables 4.881%. Continental bills quoted.

Mercantile Clearing House Treasury London

Currency Exchange Rates Placeholder for 1920s Markets

Exchange rates listed by city for francs reichsmarks guilders and dollars with premiums and discounts. Notable figures include New York domestic center, Chicago premium, Boston holiday, New Orleans discount, Charleston and Savannah buy/sell premiums, and San Francisco sight telegraphic premium.

New York Chicago Boston New Orleans Charleston Savannah San Francisco

London Market Shows Quiet Open with Mild Recovery

The London Times reports money was plentiful but stock exchange activity was near standstill. A modest price rebound appeared in active securities while American rails opened lower yet gained later due to Wall Street buying of Reading and miners strike rumors.

London Times NEW Yok Times London the Times Stock Exchange Wall Street Reading

Market hopes rise as Consolidated Gas fight looms

Successful management gains widen the surplus beyond interest on income bonds while a battle for control of Consolidated Gas Company heats up in the local market. The July 21 election is anticipated as openly fought with data on daily stock and bond transactions.

Consolidated Gas Company Seaboard By. Com Northern Central Consolidated Gas Cotton Duck Tr Rys. & el. Com United Rys. & el. Pf International Bank of Baltimore Maryland & Penn Third National Bank Union Bank Seaboard Ry Seaboard Railway Geo. & Ala. Con Rys. & El.inc Charleston Railway City & Sub Wash Knoxville Traction Bs Lexington St. Ry G. B. S. Brewing G. B. S. Brew. Inc Cc. P. Con Virginia Midlands

London Money Plentiful as Government Disbursements Boost Markets

In London on June 17 the mood was optimistic with ample money and easy rates. Discounts weakened on expectations of near future easier short loans while Bank of England indebtedness remained high. Stock Exchange opened firmer as King Edward health rumors subsided. most traders were cautious and volume was modest.

Associated Press London Easi Bank of England Stock Exchange Edward Atchison Baltimore and Ohio Canadian Pacific Chesapeake Ohio Chicago Great Western Chicago Milwaukee St. Paul Denver and Rio Grande Erie Illinois Central Louisville and Nashville Missouri Kansas Texas New York Central Norfolk and Western Ontario and Western Pennsylvania Reading Southern Railway Southern Pacific Union Pacific United States Steel Wabash Rand Mines de Beers Buenos Ayres Madrid Lisbon Rome

Market wrap from Paris and Berlin exchanges

Paris prices opened heavy with Omnibus Company shares retreating after the Town Council rejected charter extension. Thomson Houston weakened. near day end routes and Turks in demand, Spanish 4s rallied, Rio Tinto weak, De Beers firm, Kafirs modestly firmer. Berlin trade restrained. Spanish 4s varied on Paris news. Canadian Pacifics steady. locals dull. Exchange Paris 25 francs 19 centimes for checks. London discount 1.25 percent short bills.

Paris Omnibus Company Thomson-Houstons Rio Tintos de Beers London Berlin

Philadelphia Prices Rise as Steel Stocks Boost Market

Philadelphia trading gains fueled by Reading common advance with over 20,000 shares traded, lifting the market to a stronger, broader outlook. Cambria Steel and United Gas Improvement led gains while Union Traction lagged. money market rates held steady and overall activity showed mixed movements across listings and industrial shares.

Philadelphia Reading Common Reading Common Cambria Steel United Gas Improvement Warwick Iron Union Traction American Cement Cambria Iron Cons L. Superior L. Superior Pf Camden Land s+e Catawissa Ist Elec. Co. of America Girard Nat. Bank Insurance of N. A Lehigh Valley Philadelphia Elec Pennsylvania Philadelphia Traction Philadelphia Co Penn Philadelphia & Erie Reading Traction Iron & Steel Tidewater Steel United Gas Imp Union Trac U. S. Steel Sneit United of N. J United Pow. & Trans Welsbach Co Warwick Iron. & Steel

Trading In Baltimore Stocks Rises On Cotton Duck and United Railways

In Baltimore on June 17 the market showed strength in Cotton Duck and United Railways issues. Both groups advanced with Cotton Duck firm and United Railways gaining on the margin of safety rule supporting the rally. The campaign's revenue by virtue of very limited details remains unclear.

Baltimore New York Times United Railways Campagy

Chicago Quotations Show Lake Street Elevated Slump

June 17 Chicago market notes show New York exchanges flat. Lake Street Elevated declines from opening, trading near 11 percent with talk of an assessment to restore the asset. a management plan under discussion could levy a $10 to $12 per share charge.

Chicago New York Times New York Exchange Lake Street Board of American Shipbuilding Shipbuilding American Straw Chicago. Edison Chicago Telephone Chicago Union Traction National Biscuit Pf National Carbon Chicago City Railway Chicago T. & Trust National Biscuit Northwestern el. Com Quaker Oats

Also Mentioned on This Page

NEW York Stock Exchange Amm Geel S. Z Tan Wrber Bee Ee Ee Joliet & Cl. Fan. & M., c & D Me & Rolle Com. Cable Zont T Pt Vkaneer Bank of Germany Imperial Bank of Germany Pittsburg Pittsburg Coal Pittsburg Coal Pf Pittsburg Brewing Seweeee Crucible Steel Electric Philadelphia Company Nat Mechanics’ Nat. Bank Commonwealth Trust Alt Brook. Rap. Tr Can Ches Chi Gt. West Louis, & Nash Et. A Nat. R.R Mex Nort. & West Cnnsylvania Eople’s Gas Republic Steel Southern Ry South. Ry Stand. R Tenn. C. Uw Texas Pacific Union Pacific Union Pac U S. Steel Steel Outside Securities Court of Ramsey County Ixt Ay Dmrawee Jersey Am. Light & Im. Light & Suffalo Gas Buffalo Gas Sentral Union Columbus Gas Treasury Balances Consolidated Exchange Brunswick Comstock Hale & Norcross Tsabella Uran Grand Jersey Nassau Accu Aan Aris General Fund United States Eee Wey DS U Consolidated Eeeneeesaers Test & Belcher Nion Edonia Allenge Consolidated Ollar California Imperial Vould & Curry Hale & Norcross Denne Atal Wee Potosi Sierra Ada Union Olidates Utah Colorado Springs Col Jumbine Ly Ictor Perr Dante Wake Elkton el Paso Fanny Rawlings Isabella Keystone Lexington Oud Ge Weeese Seeeres the Financial Markets Pacific Air I$ Chi My ' É T. le Del Hudson Detroit City Gas Evans, & T Hocking Valley St. J G. T Iowa Central Imion Pacific Werteee i Westinghouse Pfs Eeeteres St. Pp Butterick Coo Canada South S.C. Pt Chi Rep Ee Cleve St. L South St. Re ST. Joseph and Lake Erie and Sterling Exchange Boston Stock Exchange The Money and Exchange London Market
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