Market Drift Follows Quiet Session Amid Currency Debate
Trading on the stock exchange drifted into dullness as no new catalysts emerged. Analysts noted a rebound from prior losses eight days earlier and anticipated further incentives to drive volume and direction, while currency reform discussions and Senate inquiries into Union Pacific interference drew more attention.
MENTIONED IN THIS ARTICLE
Stock Exchange
Senate
Union Pacific
Wall Street
Financial District
Congress
Federal Reserve Board
New York
National Bank Reserve
Money on call rates and foreign exchange moves noted
Money on call loaned on stock exchange collateral at 2 2 percent with renewals at 2 percent. Time money rates show 34 4 percent for sixty days and other terms up to seven months. Clearing House exchanges reported 294,965 and Sub Treasury losses around 266,000. London Paris Berlin rates given with cable and sight quotes and 60 and 90 day bills values. Domestic exchange shows varied city premiums.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mimercial Oe
Clearing House
Sub-Treasury
Say
London
Paris
Berlin
Ao Hee
Ee Parise
Boston
Chicago
St. Louis
St St
C. Adnan Cae
Metal Market Report Shows Light Trading Conditions
On the Metal Exchange yesterday copper trading was dull and prices were nominal. Tin was dull and a shade lower in offered price while lead and spelter were unchanged. Sales of tin included 25 tons of June at a fixed price. Spanish pig lead rose slightly. spelter held steady. Cleveland rice sale noted at 4s 0d, down 4 4d.
MENTIONED IN THIS ARTICLE
Aneeet Ot Bc
Cleveland Rice
Wall Street Topics and Montana Wheat Impact
The day’s volume was under 175000 shares, a post May 23 low, with Montana grain influencing harvest outlook. Great Northern carries 12-13 million bushels over recent crops, boosting railroad earnings. potential year-end surplus around 11 million after improvements and expenses. Southern Pacific control by Union Pacific valued at 126 million dollars. a missed deal could have reshaped banking ties. Bucket shops face scrutiny after recent disclosures, with exchanges pushing genuine executions. Gallery access restrictions from 1907 relaxed as interest returns.
MENTIONED IN THIS ARTICLE
Montana
Great Northern
Minnesota
Supreme Court
Minnesota Commission
Union Pacific
Southern Pacific
Outside Securities Market Report
Transactions in unlisted stocks yesterday were in limited volume with most issues posting losses. Copper stocks showed activity within a narrow range while the bond market had no sales reported. industrials led the list with minor movement.
Bourses of Europe
European markets closed mixed with dull tones as settlement dates approach. The Bank of England reserve rose by £801,000 while discount rates held. Brussels and Berlin reports hinted selling in small lots and a softer mood across sectors including Canadian Pacific and Harriman stocks. Paris and Berlin notes show easy and uneven moves on the Bourse.
MENTIONED IN THIS ARTICLE
Brussels
Berlin
Canadian Pacific
Harriman
Brazil Railway
Peruvian Corporation
Mexican Loan Postponed Amid French Market Hesitancy
Paris reports confirm the Mexican loan is imminent after rumors of postponement. The Figaro notes major French market issues Turkish Bulgarian and Serbian loans delayed until next winter as investors welcome safer securities.
MENTIONED IN THIS ARTICLE
New York
Bank of Bengal Cuts Discount Rate to Four Percent
CALCUTTA June 19 The Bank of Bengal reduced its rate of discount from five to four percent today stepping down the lending cost for merchants and traders across the city.
MENTIONED IN THIS ARTICLE
Bank of Bengal
Calcutta
Bank of France Weekly Statement Highlights Changes
Paris reports the Bank of France weekly statement outlining notable shifts in banking metrics. Details include adjustments in reserves, lending activity, and monetary indicators as of the latest reporting period.
MENTIONED IN THIS ARTICLE
Paris
He! Bank of France
Silver Quotations Shift in London and New York
Silver prices fell in London to 26d per ounce and in New York to 586ed per ounce, as market quotes showed a lower trend across major centers.
MENTIONED IN THIS ARTICLE
London
New York
Bankers Silent on Currency Bill After Secret Sessions
Atlantic City reports Currency Commission of the American Bankers Association held a lengthy secret session and declined public comment on the banking and currency bill. Chairman Hepburn signaled no statements likely before their 33 Senate questions are answered and sent to Washington.
MENTIONED IN THIS ARTICLE
New York Times
Atlantic City
N. J
Currency Commission
American Bankers’ Association
The
Times
Senate Banking and Currency Committee
Senate Committee
Urthermore
Hepburn
Commission
New York
Washington
Gov Sulzer to Confer With Financiers on Tax and Expenditures
Governor Sulzer will meet financiers and officials from the Controller’s office and the State Banking Department to discuss financial legislation for the extraordinary session. The talks will cover a direct state tax and whether state expenditures justify restatements and sinking fund needs, amid debate over previous assertions about excess funds.
MENTIONED IN THIS ARTICLE
New York Times
Albany
Sulzer
Controller's Office
State Banking Department
Union Bag & Paper Company Names Stockholder Committee
August Heckscher John A Sleicher and James B Marsh are appointed a committee of stockholders to cooperate with company management in plans to increase its assets and advance the Union Bag and Paper Company operations.
MENTIONED IN THIS ARTICLE
Union Bag
August Heckscher
John A. Sleicher
James B. Marsh
Union Bag & Paper Company
Ags
Mayor Gaynor Endorses Land Tax for Subway Benefits
The mayor replies to the Business Men's Association on June 17 1913 agreeing that land values near subway zones will rise and should bear a larger share of subway costs. He notes legislation would be needed to tax benefited land and mentions potential city reimbursement schemes. The letter is from John Hartman and others at 320 Broadway.
MENTIONED IN THIS ARTICLE
Business Men’s Association
Gaynor
City of
Airre
Also Mentioned on This Page
Pacific
Eastman, Dillon & Co
Mock Exchange
Broadway
Knauth -Nachod & Kuhne
Leipzig
Spencer Trask & Co. Investment Bankers
Exchange Place
New York City
City
New
Brooklyn
Farson, Son&Co
Jpmtors
New York Stock Exchange
W York
Redmond Aa
Pine St
Estabrook & Co
Stee Ret Exphanes
Uae
Ae St. News
York
Money and Exchange
Metal Market Reports
Foreign Public Securities
Lls
Ore
Saxony
Seaseessees
Essesenee
Bertin
BMW Oicenevens Neaues Eny Et
Frank
Roestan
Southern Pacific Control
Excha
Western
Indianapolis & Louis VI
Colorado & Southern
Mexico
Louis Southwestern
Teen Ewe
Southern Railway
Ledo
ST. Louis & Western
Baltimore & Annapolis
Southwestern Utilities CO
Tse
Outside Securities
Ter
Industriala
Industrials
Br.-Am
Pueb
U. C
L& H. Pt
Giroux Lenttt Goldfield
Kerr Lake Halifax
McKinley-Daria
Nevada
Ohio
Stewart
Tonopah
Tono
Puol'ne
West End
Yukon 'S
Anglo-American Oil
Bay State
Ubber Tire
Emersonft
Willys Overland
Willys Overland Pf
Alaska Gold Aces
Bessie Gold
Butte
Can. Ariz. Smelt
Davis-Daly Copper Dia
Black Butte
Eee
First National
Goldfield
Midway
Greenwater
Eee Mines of America
North Butte
Ific Smelters
South Utah M
Tularosa
Union Mines
United Copper
United Copper Pf
COL. N. J. Mines Co
New Utah Bingham
Braden Cop
B'klyn R. T
Chi
Elev
Sig Icsagy Om Tol
N. Com Bei BO Weaters City Lan
Weer
Alaska
Arizona
Butte & Supcess
Centennial
Ieee
Ino
Enenee
East Butte
Franklin
Giroux
Old Dominion
Pond Creek
Shannon
Utah Con
Wolverine
Wyandotte Co. Tie
Boston & Maine
Boston & Albany
Chic
N. H
American Tree
New England
Bwift & Co
Torrington
United Fruit
United Shoe
Bohemia Begolei
Bost. Ely
Yg Ag
Butte Centis
Majestic Mex
Butte & L
Nev. D
Corbin
Raven
Ariz
Lake
Davis
U. V
Hollinger
Standard Oil
Anglo-Am
Atlantic Refining
Rborne-Scrymser
Buckeye
Chesebough Mfg
Colonial
Continental
Sneer
Crescent
Cumberland P. Line
Eureka
Pou Et We
Conley Tinfoil
Public Utility Securities
American Light & Traction Ac
American Light & Traction Pf
Adirondack Electric Power Stee
Adirondack Electric
American Gas & Tornade
American Gas & Electric Pr
American Power & Light Ee
American Power & Light
American Public Utilities
American Public Utilities Pt
Pest Ae Power Company
Lachian Power Cungeer
Sette Eee
Enver Gas & Sae
Lectric Bond & Ween
Mpire District Electric Act Electric
Feral Light & Traction
Federal Utilities Co., Inc
Federal Utilities . Inc
Iincoln
Gag & Electric
Montana Power Co
Montana Power BE
Weno
Ontario Light & Power
Ontario Power T & Power Pf
Northern States
Power & Water
Pacific Gas & Electric
Sen
Scendard Gas & Electric
Areeeere Standard & Electric Vesees
Cennessee Ry
Oy & Power
Pesaccaee
Odea Eee
Torararnane
Aerate
Baltimore
St. P
United Ryses
United Rys. Inc
Bourses OF Europe
Marcon
the Times
Bank OF France
Advances Inc Owe Neem Ae Eee
Bank OF England
Chi. Rys
Chicago Title & T
Edison Eee
Mat. Ward Pf
Pacific Gas
People’s Gas
Swift & Co Seara-Roebuck
U. S. Steel
Union Carbide
Chicago Ry
Chicago_ Ry
Philadelphia
Atchison Gils
Bal
Ches & Ohio
Chic Gt
St. Pau
Denver
Erle Ist
Linois Int
Louis. & Ni
West
American Railways
American Oe Ont. & Wes
Baldwin P
Pennsy
Cambria Stock
South
Eloc
Ins Co
Interborough-Met
Serene
Interbor
Sufor
Lehigh Valley
Lehigh Val. Tran
Lehigh V. Tran. Vt
N. North Ea
Ont. & W
Pater
Bid
Ask. Ee
Te Penn
Ween
Amal
Sesbar
Phila Co Ee Eresee
BS BO
Phil. Co
Juleis Wu
Balt. & Fo
Penn Steel Pf
Boston & Me
Phil Elec Senewes
Aes
R T.ctis
Chex & Ohio
Phil Traction
Pitts Coal
Erie
Otor
Union Traction
United Gas Imp
Benning Val
Steel
Westmoreland Coal
A. St St Int
P. T
M. & St Peb
la Mont. T. Fic
N. N
Phil. Pit Co
Goid Ss
N.Y
N.H
Phil Wil & Balto
Coes
I St. L
Fsune
United R. Inv
Inc
Pittsburgh U
R. M.S Schw. & Sul
United
Crucible Steel
Coon
Independent Brew
San Francisco
Ohio Fuel
Union Switch
Westinghouse A. B
Potosi
EU Te Fennae
Norcross
Belmont Oreo
Montara
North Star
Lone Star
Ermal
Colorado Rikton
MW. VY
Gosten Stock Exchasen
J.K. Rice, Jr., & Co
Otis Elevator
Ward Baking
J.K. Rice, Jr. & Co
Alaska St
Borden's
Sompcketam
Dome Dems Taince Co., Ltd
Nw Valley Products
Woeter
Rieck N
Pond
Ure Mfg
Texas Pacific Callier
Weyman-Bruton Com
Waeeah
J. K.rice, Jr.&Co
John
Wallar
United States
Wee
Fujismane
Broad St
Hartford
Pearl Building
LaSalle St
Hornblower &Weeks
East
E. di
Parch
Sonay
Central
Colo
New Orleans
Texas
Mex
Broadway Trust
Corn Exchange Bank
Natl
Teland
Ind Refining
Newcans
Rumely Co
Newce
Chris Bo Ee
Allis Chalmers
Zhone
N. Y
Frederic H. Hatch
Greed St. Levien
Boston & Philadelee Philo
Oregon
Pitts
L. E
West Va
C. & Ind
Lex. Ave. & Pav. Ferry
J. S. Bache & Co
J.S.& W.S. Kuhn, Inc
Swartwout
Appenzellar
Pine Street
New Terk
Steck Esch
Pomroy Bros
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!