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This newspaper page contains 19 articles. Subscribers can read the full text of each article.

Newspaper

New York Times

Location

New York, New York, United States of America

Date

Jun 20, 1906

Page

8

Pennsylvania Paris loan sparks stock market rally and shifts

The market rose on the opening as Pennsylvania announced a 50 million dollar Paris loan, lifting Pennsylvania shares about 3 percent and aiding related lines like Baltimore & Ohio. Interborough Metropolitan stock fell after initial support faded, amid injunction reports, as overall sentiment stayed positive with grain eased by rainfall and call money soft.

Paris Pennsylvania Baltimore & Ohio Pennsylvania Company Panhandle Chesapeake & Ohio Norfolk & Western Interborough Metropolitan Company Wall Street San Francisco

New York Stock Exchange Trading Update

Tuesday June 19 1906 market activity noted on the New York Stock Exchange with data from the last sale on 100 share lots.

NEW York Stock Exchange

Calendar for Today and Notable Dividends

Calendar items list dividends payable on preferred shares and annual meetings. Companies include American Chicle Co Atlantic Coast Line Railroad Knickerbocker Trust Co National Bank of Commerce and Cincinnati Gas Electric Co among others with notes on preferred dividends and special meetings.

E Books American Chicle Co Atlantic Coast Line Railroad Bangor Eee & Electric Co Boston Philadelphia Steamship Co Boston & Providence Boston Tow Boat Co Butte Electric & Power Co Colonial Trust Co du Pont International Powder Co Electric Boat Co Empire Steel & Iron Co Preferre Finance Co Pennsylvania Fi Fawnaa Stvisicu Homestake Mining Co Hudson Realty Co Interborough Rapid Transit Co International Smokeless Powder Ical Co Knickerbocker Trust Co Knickerbocker Ice Co Little Schuylkill Mercantile National Bank Metropolitan Surety Co National Bank of Commerce National Bank of North Americ National Bank of Cuba National Sugar Refining Co Old Dominion Steamship Co Providence Is Co Standard Gas Light Co Common Farrad Tinited Ferry Vo Nited Shoe Machinery Co United States Reduction & Refining Co Utah Consolidated Mining Co Washington Water Power Co Spokane Western Union Telegraph Co Williamsburg Trust Co Eneta Co Mexican Consolidated Mining Co Quicksilver Mining Co Cincinnati Gas & Electric Co

Pennsylvania Railroad Paris loan placed with investors

The full issue of 50 million dollars in fifteen year 3 percent Pennsylvania Railroad bonds was sold through Kuhn Loeb to the Credit Lyonnais and Banque de Paris et des Pays Bas and placed with investors by French banks. The bonds are in francs and will not appear in this market. Girard Trust Co. named trustee and depository. Demand sterling fell after the loan announcement.

Pennsylvania Railroad Kuhn, Loeb & Co Credit Lyonnais Banque de Paris Et Des Pays Bas Philadelphia The Stock Exchange Paris Wall Street Pennsylvania

City Trust increases stock after Mercantile liquidation

Boston June 19 stockholders raise the city Trust Company capital from 1 million to 1.5 million following the Mercantile Trust liquidations and Beacon Trust control, plus the Winthrop National Bank acquisition about two weeks earlier.

Boston City Trust Company Mercantile Trust Company Beacon Trust Company Winthrop National Bank

Iron and steel notes shift in northern markets

Foundry iron advances 25 cents a ton in the North while the Tennessee Coal and Iron Company and Sloss-Sheffield Steel and Iron Company cut No 2 foundry iron to 18.75 dollars per ton. Southern trade improves with talk of possible future rises as Tennessee Republic interests report 20 000 tons sold. Directors authorize plant extensions to double capacity by 1907.

Tennessee Coal and Iron Company Sloss-Sheffield Steel and Iron Company Tennessee Republic

Copper upticks in London but futures steady in metal market

Copper eased slight gains in spot for London trade closing at £82 15s 5d while futures held at £80 15s. Pig tin weakened to £176 for spot and futures, unchanged for both. Lead and spelter steady at £16 15s and £27 10s. Iron warrants rose modestly to 49s 11d standard foun dry and 50s 1 4d Middlesborough. New York Metal Exchange prices compared to the prior day are noted.

London Standard Foundry Middlesborough

Financial notes and new security listings

The A. J. Sheldon Company declares a 6 percent dividend payable July 1. Irving National Bank posts an extra 1 percent dividend plus the regular 4 percent, payable July 2. Subscriptions for the Davis Daly Copper Co close today at 3 pm. Mills Brothers offer $1,000,000 of International Traction Co 4s, yielding about 5 percent. NYSE seeks listing for 18.255 million in International Traction Co 4s and 2.5 million in Consolidated Indiana Coal Co 30 year sinking fund 5s of 1985. Chicago Great Western Railway Co preferred stock B added to Clearing House list with June 20 contracts. Delaware & Hudson convertible debenture bonds of 1916 totaling 6.781 million admitted.

Irving National Bank Mills Brothers International Traction Company Stock Exchange New York Stock Exchange Consolidated Indiana Coal Company Stock Exchange Clearing House Committee Chicago Great Western Railway Company Delaware & Hudson Company

New York Incorporations List Names Dozens of Firms

Albany June 19 Incorporations announced for many New York firms including Hans Loanna Company Gl end unit names, Gregorian Hotel Company Yonkers Wagon and Carriage Company Slawson Hobbs Edwards Electrical Construction Company and Federal Voting Machine Company. Directors listed for each firm with locations in New York Syracuse Yonkers Brooklyn and other cities. Capital amounts range from 2 500 to 1 000 000 reflecting a busy registering day.

Hans Loanna Company New York J. C. Covington J. D. Baker 8. B. Howard Gregorian Hotel Company Capital G. T. Gregory H. E. Gregory C. S. Averill Syracuse The Yonkers Wagon and Carriage Company Yonkers N. Y F. G. Hobbs F. H. Birch Edwards Electrical Construction Company M. Levy J. D. Jais M. Deiches Federal Voting Machine Company S. M. Davis Chrystie E. Terry, Jr Brooklyn Bayshore Realty Company D. 8. Bryer S. Marz L. Dryer Murray Hill Sanitarium G. G. Gant E. JB. Magnet Cedarhurst-Lawrence Company Lawrence J. F. S. McGrath A. C. Patterson Newark Greater San Francisco C. H. Frederick Oaksdale Realty Company M. Wolff O. Wolff C. Yeaton Roughe& Caldwell Photo Background and Accessory Company J. G. Lavender T. G. Caldwell J. W. Roughe New W. W. Boyd W. P. Tarrant H. C. Todd Saratoga Springs Sherwin Realty and Construction Company M. Sherwin J. Arons S. Hariig Universal Battery Company J. T. R. Bell R. J. Walkius R. J. Mulligan May Clothing Company Adolph Bardach Rose Bardach James Rubens

Newark Firms Form New Capitalized Enterprises

The list records multiple new corporate filings in Newark and Jersey City. Companies include Harrison & Knight Manufacturing with 300000 capital and Frank A. Harrison and William H. Knight as incorporators, the New Jersey Biscuit Company with 100000 capital and Henry Ern among incorporators, and Pompo Manganese Company raising 300000 with Charles O. Geyer as founder. Additional entities include A. J. Corcoran Incorporated for pumping plants in Jersey City with 100000 capital, Amarillo Company contractors in Jersey City with 30000, Janet Allen Company contractors in Jersey City with 10000, detailing their incorporators.

Harrison & Knight Manufacturing Comany Newark Capital Frank A. Harrison William H. Knight Avard Knight New Jersey Biscuit Company Henry Ern Max A. Ern George C. Ralph Pompo Manganese Company Charles N. King le Grand Booker George H. Russell William E. Robinson Frank van Winkle William C. Patterson Janet Allen Company Jersey City George J. Malig Louis W. Stoksbury William D. Elly

Baltimore & Ohio share rise on dividend speculation

Directors meet today amid persistent rumors of a 3 percent stock dividend increase, lifting B and O price to about 118 and drawing attention from the Pennsylvania interests. The Pennsylvania Railroad and its affiliates own sizable blocks, so even a 1 percent rise would boost annual income by over $410,000.

Baltimore & Ohio Railroad Baltimore & Ohio Pennsylvania Paris Pennsylvania Paris Pennsylvania Railroad Baltimore & Ohio Common Pennsylvania Company

Money and Exchange Rates on the Stock Exchange Floor

Money on call rates ranged from 2 percent to 3 percent with most loans at 3 percent. Time money offered at 4 percent for up to seven months. Mercantile paper quoted 5 5 to 6 percent, with bills receivable at 5 5 percent for 60 to 90 days. Clearing House shows exchanges $350,975,571 and balances $13,442,384. domestic rates and foreign exchange figures listed, with several city quotes and premiums noted.

Stock Exchange Mercantile Paper Clearing House Treasury Sterling Continental Exchange Reichsmarks New York Boston Chicago New Orleans Savannah Cincinnati St. Louis Charleston

Bullion and mining market notes from London to New York

Bar silver priced 305-16d in London and 65c in New York. Mexican dollars listed at 50%4c. On the Stock Exchange 500 Comstock shares traded at .2014. Consolidated Exchange shows multiple small lots: Alice 230, Atlanta .16 1,000 Bull Frog National Bank .44, Comstock .19, Chrysolite .11/.12, Elkton .42/.48, Jim Butler 1.21, May Queen .27, Mexican .65, Montgomery Mountain .41, Ohio Tonopah .28, Ophir 8.75, Pharmacist .08, Potosi .07, Savage .82, Union Consolidated .32, Work .09.

tNet Ask Alils-Chalmers Co Op Am . Coton Ewer Nee Hide & Leather Hide & Leath. Pf Ice Securities Am Linseed Co Eenee Toy Ty Locomo. Oo Smelt. & R. Co Ss &R Co. Pf Smel. Sec Sugar Ref. Co Am. Sug. Ref. Co Pfoe Tobacco Co P Ee Woolen Co Woolen Co. Pf Central Leather Co Chesapeake & Ohio Consolidated Gas Oe Sui Delawar Hudson Denver & Rio Grande Tift Am. Pf Hocking Valley Great Northern Pf Hocking Valle Interbor.Met. Paoer Internat. Paper Co Internat. Power Co Iowa Central Pieee Knick. Ice Chicago Lake Erie & Weat Louisville & Nashville Ee St. Ry T. R Michigan Central Minn St. Uss St. P Kan Texas Tex Missouri Pacific Ee Nat. Enam. & Stamp National Lead Co New York Central Tee N. Y Chi. & St. L N.Y., Co 8. L. 2d Rep Iron & Steel Rock Island Co St. Louis St. Louis Southw I. Co Texas & Pacifics Toledo Rys. & Light St. L Aes Twin City R. Arts Union Bag & P. Go Union B. & P. WO Union Pacific Pf Ee United Rys. Invest United Rys. Inv U. S. Cast Iron Ss. C. I U. Realty & Im. Co E AG oOo U. S. Rubberist S. Steel Eeeeses Oe U. S Steel Pf Va.Caro. Chemicale Va. Tron, Coal & Coke Vulcan Detinning Wabash . Saseereere Wabash Ft Seer . W. Se Ee Western Union Tel London New York Stock Exchange Comstock Consolidated Exchange Alice Atlanta Bull Frog National Bank Elkton Jim Butler May Queen Montgomery Mountain Ohio Tonopah Ophir Potosi Savage Union Consolidated

Bank rate may stand amid cautious outlook

The Times reports in London that although money is easy a rate cut on Thursday is not expected. The court may refrain from lowering the rate given current circumstances and potential effects from Russia on Paris are under consideration.

NEW York Times London the Times Russia Paris

Market Notes From London and Wall Street Finance Roundup

London money markets ease on abundant supplies as discounts weaken and Bank of England rate discussions surface. Stock Exchange dull with gilt edged gains amid cheap money. Americans slip near parity but rise late, Baltimore & Ohio leads. Russians ease. 1904 empires close at 101 1 2. Bar silver weak at 30 5 16d. Bank of England bullion intake 93 000 pounds.

London Bank of England Stock Exchange Americans Baltimore & Ohio Pennsylvania Paris New York Imperial Madrid Lisbon

Mining stock prices in London for Camp Bird Esperanza Tomboy

London closing prices show American mining stocks Camp Bird at 150 pounds Esperanza at 318 pounds 3 pence Tomboy noted with trading in progress compared to New York closing values.

London New York S.d Camp Bird

Market Report from Paris and Berlin Currents

In Continental Centres Paris opened firm with improving tone but later weakened as stocks closed weak. Russian imperials 77 and 1904 bonds 485. three percent routes 971 24 for accounts. London exchange 25f 17c. Berlin Boerse quiet. London exchange 20 marks 4714 pfennigs. Discount rates short bills 3 percent, three months bills 3 percent.

Paris London Berlin Exchange

Prominent Names Appear In Investor Circle Roster

A list of notable financiers and bankers including John Jacob Astor Charles H Allen George F Baker Edward J Berwind Paul D Cravath Frederic Cromwell James B Duke and Henry Flagler among others is circulated. The roster also names Daniel Guggenheim Levi P Morton Thomas F Ryan and several associated figures reflecting early 20th century finance networks.

John Jacob Astor Charles H. Allen George F. Baker Edward J. Berwind Paul D. Cravath Frederic Cromwell

Financial securities list from early 20th century investors

A dense catalog of bonds shares and certificates including Metropolitan Elevated R R Co Chicago Milwaukee St Paul Ry St Paul Manitoba R R Dakota Extension Central New England Ry Co Richmond Mecklenburg R R Co and numerous mining and utility ventures. It notes issue types dates coupons and quantities for account of whom it may concern.

Elevator Co Duluth Mobile & Oh!o R. R. Co Central New England Ry. Co Bond Central New England Ry New York Law Institute Richmond &Mecklenburg R. R. Co Boree Mining Co American Estates Association American Sight Seeing Car & Coach

Also Mentioned on This Page

Halilgarten&Co Bankers Nassau Street Investment Securities Foreign Exchange Fisk & Robinson City of New York Bonds Cedar Street State Street Spencer Trask & Colliam Pine Streets Albany Broadway Cedar St Maurice C. Sternbach Nt, Stock Exchange John Sternbach & Co Bankers and Brokers Wall St Parsons Bond Dept N.w.halsey& CO Pine St East Orange N. J Conn Clark, Grannis & Lawrence N. Y. Stock Exchange Ex. Place Dick & Robinson William St New York Stock C. H. Venner the Financial Markets Clos Eet Baring & CO Foreign Exchange Letters of Credit Invest Ment Securities Baring Brothers & Co., Ltd Kidder, Pfabody & CO Southern Pacific OF Arizona Southern Pacific Sutro Bros. & CO York NEW York ‘Stock Exchange Alexander, Thomas & Davies Pine Street Investment San Luis Mining Co Texas & Pacific Coal Co Chem Igo Philadelphia Exchange WII Boston City Trust Iron and Steel Notes Metal Market Reports Financial Notes A. J. Sheldon Company J. S. Bache & Co Otto Heinze & Co Davis-Dalyee Copper Company Incorporated New Jersey Money and Exchange Bullion and Mining London Stock Market Atchison Re Pacific Deeee St .Paulina Erie Central Louis. & Nash Reading Pacific U. S. Steel Pf Morton Levi P. Mortegmas F. Ryan Charles A. Cona Paul I RS. i James K. Corbiere H. M. Francis I. Cravath James B. Duke Tienry M. Flagler Daniel Guggenheim James N. Jarvie Walter S. Johnston Ys Samuel Rea Weonse Rutherford Thomas F. Ryan Jacob H. Schitt Valentine P. Snyder Harry Payne Whitney Levi P. Morton, Thomas F. Ryan G. G. Haven Whitney Andrew J. McCormack Adrian H. Muller & Son William Street Vesey Bank of Manhattan Co Eeee & Susquehanna Valley At. Co United New Jersey R. R. & Canal Co New York Life Ins. & Trust Co Chemical National Bank Monson Maine State Co Saratoga Gas, Electric Light, & Power Co New Haven & Hartford R.R Chicago & Eastern Ill R. R Metropolitan Elevated R. R. Co Mil St. Paul Ry St. Paul, Minn Manitoba Susa Western R. R Golden Empire Mining C Chattanooga Southern Ry Co Ist Mtg. Eds Atlantic Trust Co Ctfs Camden & Trenton Ry. Co Trent & New Brunswick R. R. Co Consumers’ Coal Co Silver Chord Control, Mining Co Equitable Trust Co New London Clinton Hall Mitchell Mining Co Mitchellee Co Washington Mutual Telephone Co de Lamar Ee River Electric Power Co Realty Associates Mechanics’ National Bank Second Avenue R.R. Co New York Transportation Co Indiana Natural & Ill. Gas Co Hibernia Mine Mahoning & Shenango Ry. & Light Com Gray National Telautograph Co American Pneumatic Service Co P. c Adams Express Co N. Y. Life Ins. & Trust Co Yetman Transmitting Typewriter Co Brooklyn City R. R Natl Park Bank Brooklyn Union Elevated R. R John B. Manning & Sons , P. c. Mtge Columbus Consolidated Gold Mining Empire Mining Co American Car & Coach Co Pawcatuck Valley Street Away Co Nee Starch Co 34Th Street 125Th Street Third AV 148Th ST Travelers’ Letters OF Credit Girard Trust E. B. Morris W. N. Ely A. A. Jackson C. J. Rhoads Edward S. Page Geo. Tucker Bispham Capital & Surplus Nassau ST N.Y Exchange Place Fulton Trust CO Nassau ST. CapitAl Sterling Desenture Corporation Wall Street, New York Burlington & Missouri River Railroad Company Nebraska New England Trust Company Burlington & Missouri River Rig Iid de Ea Weas Lauuy Ees Nur Finan Anan Kecut ‘Ruste Road Comte Sagex Lroa Nave Devonshire Street Mass Aston Republican Valley Railroad Company Seid Railroad Company D. R. Whitney NEW York Metal Ceiling CO R. S. Kennedy West 24Th St Empire State Surety Company Armour. Isd Bee John G. Jenkins WM. M.tomlins, Jre Walter V. Cranford Edmund H. Driggs Dr. Veeder Frank Jenkins Hugo H Sh Pittsburgh Company Guerantu ‘Trust Company Gueranty Trust Company of Ellwood City Penn North Pacific Railway San Francisco and North Pacific Railway Company City of Mercantile Trust CO Guy Richards Wall Street Journal Copartnership Notices Anna Ohlman Carrie G. Macomber
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