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Newspaper

New York Times

Location

New York, New York, United States of America

Date

Jun 21, 1900

Page

11

Market Close Break Shapes Edged Tuesday Trading

Readable fragments show a sharp market break and a sharp closing break over Tuesday's session. Traders weighed earnings and economic signals as prices swung and ended near session lows.

Wall Street Topics and Industry Updates

St Paul and Duluth Railroad to operate within Lake Superior Division Third District of Northern Pacific. Payment on Lake Shore 7 percent first consolidated mortgage bonds due July 1. AT&T declares first dividend since absorbing American Bell. Virginia Iron Coal and Coke shuts iron furnaces at Johnson City and Embreville Tennessee for inventory and repairs, to resume July 14. Cotton Exchange sees sensational 13 to 40 point lift in options. Republic Iron and Steel notes mills shut for maintenance, aim to restart July 14.

Wall Street St. Paul and Duluth Lake Superior Third District Northern Pacific Railway Lake Shore First Consolidated Virginia Iron, Coal and Coke Company Johnson City Embreville, Tenn The Republic Iron and Steel Company Chicago Cdl

Money Markets and Exchange Rates Report

Money on call and mercantile paper quoted with various maturities and rates. London money rates, open market discounts, and nominal exchange figures listed. Continental and domestic exchange figures include francs, reichsmarks, guilders, and city premiums across multiple U.S. centers.

Continental Exchange Reichsmarks

London securities close firm after steady open

American markets opened near parity and stayed steady through close with light demand. Consolidated money rates and bullion flows shaped the day as bonds and stocks quoted small gains and gold premiums moved in London and European markets.

Financial market gains on reassured China news

Paris reports firmer copper and Rio Tinto on recovery hopes. Kafirs in strong demand on London advice, three percent government bonds steady at 100f on account. Exchange to London quoted. Spanish four and a half francs firm then flat, later recovers. Berlin scene shows firmer Americans and Canadian Pacifics, locals improve after close. discount rates listed for short and three month bills.

Weilein London Wek Paris China Rio Tintos Berlin Exchange

Securities Sold at Auction in New York Real Estate Room

Adrian H. Muller & Son reported a large auction of securities in New York at the Real Estate Salesroom. The listing included American Surety Company, American Telegraph and Cable, American Express, American Cotton Oil preferred, Consolidated Gas, Lake Erie and Western, New York Central and Hudson River, Spokane and Eastern Trust, American Sugar Refining both preferred and common, Western Union Telegraph, Wells Fargo, and various railroad and mining stocks with detailed par values and lots. Interest notices issued by Procter & Gamble and mortgage bonds from multiple railroads were announced, along with dividend declarations by several banks and companies. Outside securities trades were quiet with a broad market drift, notable for a sharp drop in Havana Commercial preferred and general reluctance to buy.

Adrian H. Muller & Son New York Osh American Surety Company Spokane -and- Eastern ‘Trust Company Spokane Washington American Sugar Refining Company Served Missouri, Kansas and Texas Railroad Company New York Biscuit Company First Mortgage New York Resting and Packing Company Fs Northern Pacific Terminal Company Oregon Nowell Gold Mining Company Pittsburg, Fort Wayne and Chicago Railroad Company Pittsburg Fort Wayne Rio Grande Wastern Railroad Company Southern Railroad Company Pacific Mail Steamship Company Chicago, Rock Island and Pacific Railroad Company Brooklyn Union Gas Company Chicago, Milwaukee and St. Paul Railroad Company Norfolk, and Western Railway Third Avenue Railroad Company General Electric Company Procter & Gamble Company Mercantile National Bank Toledo, St. Louis and Kansas City Railroad Company St. Louis Southwestern Railway Company Mercantile Trust Company Oregon Railroad and Navigation Company Garfield National Bank Title Guarantee and Trust Company Buffalo, Rochester and Pittsburg Railway Company Columbia Bank The Mechanics’ National Bank City of New York National Shoe and Leather Bank East River National Bank Havana Commercial Preferred New Amsterdam GaAs Boston New York Times Chicago Burlington and Quincy Utah Dominion Coal American Telephone Old Colony Allouez Santa Fé Bos Mont Nan Ysabel Butte & Bos Shoe Cal.& Heela Tamarack Centennial Utah Cons Franklin Humboldt White Knob Isle Royale Winona Wolverine Bos. & Alb Cent M. Pf Bos. & Low Fitchburg Pf Bos. & Me N.E Bos N.Y Mass West Am. Bell U. S cSiyl W. Elec Erie Tel Bay Eve Essen Brooklyn Gas & Electric New Amsterdam Senee New Amsterdam Pt Ee New Amsterdam Ds Lus Industrials American Agricultural Chemical American Agricultural Chemical Pt American Bicycle Ete American Bicycle Pew Consol el. Lighting & Equip Sty Distilling Company of America A Distilling Company of America Havana National Enameling & Stamp National Enameling Gramophone Otis Elevator Standard Oil New Jersey Amalgamated Copper Arizona Sead Asphalt Company of Am. 2d Ass British Columbia California Central Fireworks Chicago & Alton Chicago & Alton Ss Flemington Coal & Coke Gold Hill Great Lakes Illinois Transportatio Superior Boston Copper Tennessee Coper Tel Tel. & Cable of Union Copper United Railways of Virginia Coal, Iron & Coke Virginia Coal Wheeling & Lake Erie Con Western Union Broadway Seventh Avenue Brooklyn City Railroad Brooklyn, Bath & West End Central Park Tees Columbus Railway Columbus N. J Eighth Avenue Railroad Man St. Nicholas Jersey City Hoboken & Paterson Kings County Nassau Electric New Orleans Traction Ninth Avenue Railroad Seerenone North Jersey Street Railway Orange & Passaic Valley Second Avenue Railroad Sixth Avenue Railroad Steinway Railway Co Syracuse Rapid Transit 29Th Street Union Railway Ist Union Railway United Traction Providence Worcester Buffalo N. Y Pateke Central Union Columbus Gas Consolidated Gas of Newark Consolidated ‘Gas of N. J Sete SS Consolidated Gas Bonds Consumers’ Gas Lus Denver Oi Denver Gas Essex & Hudson Gas Indianapolis Gas Tndianapolis Ee Diedelen Ee Mutual Gas of Madison Wis New England Gas & Coke Na & E Rr Gas Co St. Paul Gas Standard Gas Syracuse Gas Ood Western Gas Nee Tees Sete Western Gas Brooklyn Ferry Hoboken Ferry Union Ferry Saiestseeentrs Union Feay Bonds Paper Bates Barney & Smi Eae Barney & Smith Pf.c Jed Barney & Smith Bonds Consolidated Rubber Tire Continental Tobacco Jolon Ad Cramps’ Shipyard Wate General Electric Automobile General Chemical Chemical Pere Say Fae River Telephone Loriliach Deedee Tees Trenton Potteries Union Union Typewriter Nlv Union Typewriter Worthington Pump American Bank Erty Central & South American Kings County el. Light & Power Southern, Light Stock Exchange London Kingston &Pembroke Consolidatedxchange Cable Consolidated Virginia Comstock Imat Uo Elkton Perial Car & Found. Co American Cotton Oil American Express American Ice Co Ned Ice Co American Linseed Co Linseed Co American Malting Co Am Steel & Wire Sugar Ref. Co Eeenee Am Tel. & Cable Co Cop. M. Co. Ceresere Ohio Baltimore & de Baltimore & Ohio Brooklyn Rapid Tran Brooklyn Union Gasenenee Brunswick City Burtt., Roch. & P. Pf Beevers Canada Southern Chesapeake & Ohio Chi Bur. & Quincy Chicago Great West Mil St. Paul Chicago & Northw Iron Colorado Colorado Southern Col. Southern Ist Col. Southern 2d Consolidated Gas S Con. Tobacco Co Ty Con. Tobacco Erie Federal Steel Gas & el, Bergen Co General Electric Great Northern Hocking Valley Central Weteee Illinois International Paper Gil, É Internat International Power Laclede Gas Lown Central Pf Lake Erie & Western Louisville & Nashville Mms Manhattan Mexican Central Minn St. Louis St Ox Minn St. L. Pf Kan Texas Missouri Pacific National Biscuit Co National Lead Co Nat. Biscuit Co. Pf National Steel National Tube National Tube Co. Pf New New Jersey Central Ork Air Brake New York Central Y., Chi St. L Gazeaeee & West Norfolk Norfolk & West Northern Pacific Pacific Coast Pennsylvania R. A People Rep Iron & Steel Tenn. Coal & Iron Eae Texas Pacific Ease Third Avenue Ae Bw Iwin City R. T In’n Bag & Paper Co Tinion B. & P. Co. P Jnion Pacific Inion Pacific United States Wisconsin Central

New York Stock Exchange Action Echoes Amid Market Movements

Erratic trading on the New York Stock Exchange appears to push indices as investors react to fragmented data. Traders monitor short term shifts in large cap equities amid uncertain economic signals and fluctuating volumes.

Complete Bond Transactions Across Multiple Rail and Utilities Issuers

A dense list of bond issues with varied maturities and yields from railroads and utilities. Entries include entities such as New York Central, Baltimore & Ohio, Chesapeake & Ohio, Fort Worth & Denver, Reading, Erie, Texas Pacific, Mexicali divisions, and others, with par values often around 1 000 and yields near 100 percent in places. The compilation notes numerous 4s and 5s series, conversions, and trust bonds, reflecting a broad trading slate with mixed credit profiles and regional references.

San Fé Mor Gas & Blee H & Pwr Gas & Elec Aus & Norwa H & Pwr Coli Liege Baltimore & ‘Ohio Nort & Wa Balt & O Wee Canaula South Is A. Eee Mil & St P San An Mex & P Gas & Elee Co Bergen Co Sawens Rio E & EL Ex & Big Eccsineneal Erie Sence Ee Erie Hood Worth Sane el Ft Non Rio Gade

Consolidated Exchange Sales Update

Consolidated Exchange Trading shows varied results across sectors with several major stocks and bonds listed. Notable entries include American Steel and Wire, Ohio companies, Pennsylvania Gas, Pacific and Western rail entities, and Union stocks with fluctuating prices and yields as of the latest open and high trading figures.

July Wheat Reaches Year High on Market Fever

July wheat touched 86 cents a bushel the year's peak as speculative buying surged after the display of a North Dakota sample on the exchange floor. The specimen, from sowings of April 12, stood six to eight inches tall, about half the normal height.

Northwest Valley City North Dakota

Philadelphia stock notes show mixed demand and sparse gains

On June 20 Philadelphia market quotes reveal a yielding tendency in asphalt shares, some gains for Electric of America and Diamond State Steel, while Union Traction dips despite strong earnings. Consolidated Lake Superior offers 15 percent at 744, with irregular late activity and scattered fractional changes across rail and utility issues.

New York Times Philadelphia Electric of America Long Island Diamond State Steel Marsden Union Traction S. Consolidated Lake Superior Cambria Phil. Trac C. Tr Pitts Union Trac Bener Wigi C. T Pgh Lehigh Val Elec

Linseed market gains and railway earnings rise in Chicago

Chicago reports June prices for linseed with mixed closes and steady demand. Stocks list shows American Linseed and Metropolitans firm, while West Chicago and Union Loop trade steady. Separate earnings roundup flags second-week June gains across 37 railroads totaling 705 223 dollars, led by Central of Georgia and St. Louis & San Francisco.

Closing quotations for bonds and stocks in large market listing

The listing shows bid and asked quotations for many bonds and stocks with no transactions. Notable items include Lake Shore and Long Island values, mining and coal stocks, railroads, and utilities. Numerous entries show par values, percentages, and percent changes amid a broad spectrum of issuers and industries.

D. M Wis IMIS Lake Shore Long Island Sisa M. CR Beach Beren S. EL Sciecan W. Seer Ano Sp. M Amss H. Co Fear & A A H. Co. S.S.M Ind Ann St. P East Ft. W D. Rerenaeet Fe W. Pr D. Eas Sar G. W Om Able G. W. Pt D& RG Reece M. & Ft. Eas Erie E. Tatte T. H Tytas Tee i. B. Claflintus Fol O. C Tol U. S Joliet & Chi K. C Wabash L. E. Kan Wis. C

Price of Gas to be Advanced by New Amsterdam

The Executive Committee of the New Amsterdam Gas Company is to meet today and is expected to raise the price of gas to 1.05 dollars per thousand cubic feet to match Consolidated’s rise. It is also understood that Standard Gas Light Company will follow suit tomorrow and that New York Mutual Gas Light already advanced its price.

New Amsterdam Gas Company Consolidated New York Mutual Gas Light Company Standard Gas Light Company

North American Trust Company Moves to New Building

The North American Trust Company has relocated its offices to the North American Trust Company Building at 135 Broadway, at the corner of Cedar Street.

North American Trust Company New North American Trust Company Broadway Cedar Street

Mileage and earnings across multiple railroads report

A compilation shows mileage figures and weekly periods for rail lines including KANAWHA & A, MEXICAN CENTRAL, OHIO RIVER, PITTSBURG & WESTERN, CENTRAL OF GEORGIA, CHICAGO, INDIANAPOLIS & LOUISVILLE, CHICAGO TERMINAL TRANSFER, GRAND TRUNK, ST. LOUIS & SAN FRANCISCO, TOLEDO, PEORIA &, and PHILADELPHIA & ERIE. It lists weekly June figures, July 1 figures, and April four months ended, along with gross earnings, expenses, and net earnings for NORTH AMERICAN COMPANY for year ended May 31, 1900.

Central of Georgia Chicago Indianapolis Louisville New Orleans Texas Pac Kanawha Michigan Stel Dare Etee Cshio, Buiver Pittsburg & Western St. Louis San Francisco Toledo, Peoria & Western Grand Trunk Toledo Peoria Vaa Aeveles Posees Philadelphia & Erie North American Company Atv

Bonds Exchanged Totals 31 Million for New Consols

Washington June 20 The Treasury has exchanged 31,054,030 in bonds for the new 2 percent consol. Of this, 73,529,600 was received from individuals and institutions other than national banks.

Washington Treasury General Fund United States Treasury Notes National Bank Toevoenuc Essa

Roosevelt Second Place Mystery Prompts Local Gist

A garbled clipping references Roosevelt in second place and hints at traction or rock steel and wire ad campaigns. Mentions MO and H. Kimba Rro with unclear civic notices.

Roosevelt H. Kimbarro

Wheat soars as Northwest drought fuels July advance

Chicago market reports heavy buying pressure from the Northwest crop situation, lifting July wheat 3% and closing higher. Corn oats and provisions follow the trend as drought and heat devastate remaining wheat, with 100 degree heat noted in the region and about 100,000 bushels offered for sale absorbed quickly.

Chicago Northwest

Sharp Advance in Cotton Prices Rises on Weather Outlook

Bad crop and weather news in Mississippi, Arkansas, Alabama, and the Memphis district spurred a sharp rise on the New York Cotton Exchange. August cotton hit 8.45, October 7.91, and January 7.80, up 13 to 23 points from Tuesday. Buying frenzy pushed many options up nearly $2 a bale.

Mississippi Arkansas Alabama Memphis New York Cotton Exchange

New York Cotton Exchange Seats Sell At Record Prices

Seat prices on the New York Cotton Exchange reached a new peak when two seats sold for 4000 dollars each. Two years ago memberships traded as low as 500 dollars. The surge follows a recent adoption of a new uniform commission rule, with several more applications already on file.

Cotton Exchange New York Cotton Exchange

New Corporations Formed in New York and Nearby Cities

A list of new companies with capitals and directors includes Sanitary Clothing Company of New York City capital $20,000 with Aaron Garfunk Wolf Barnes and J A Voleski of Charleston S C. Emalina Novelty Company capital $2,000 with John Krusi Max of New York T F Bernard of Brooklyn. Cotton Batting Company of Lockport capital $10,000 with Sheldon W N Cook Stephen Salt and R E Tinker. Chester Hill News Company of Mount Vernon capital $2,000 with Solomon Levine Joseph Perlmutter Simon Levine. People’s Mutual Medical Association of New York City capital $1 000 with Edward J Ball R H Jackson D A Trier. New York estate Morningside Realty Company capital $400,000 with F Eugene Crassens Albert G Milbank James Cochran Rutherford M Shepardd Lewis B Franklin.

New York Cotton Batting Company Lockport Capital Sheldon WN Cook Stephen Salt R. E. Tinker Buffalo Chester Hill News Company Mount Vernon Solomon Levine Joseph Perlmutter Simon Levine People’s Mutual Medical Association of New York City Edward J. Ball R. H. Jackson D. A. Trier New York Morningside Realty Company F. Eugene Crassens Hackensack N. J Albert G. Milbank James Cochran Brooklyn Rutherford M. Shepardd Fanwood Lewis B. Franklin Flushing L. Ft

Delaware charter notices list several new corporations

Wilmington June 26 These concerns were chartered at Dover today including McAdamite Company of New York to acquire patents and processes for working metals with 1300 capital and 4Ka. Keyless Lock Company of Mauch Caunk Penn to make and sell patent locks with 100000 capital. American Nickel Steel Company of Wilmington to manufacture steel with 100000 capital. Equitable Tontine Endowment Company of New York to issue and sell debenture certificates of monthly payment with 100 am capital. Lake Pocono Test Company of New York to manufacture fees with 51a6intys capital. Southern Gas Company of Fort Worth to manufacture acetylene gas generators with 150.66u capital.

New York Times Wilmington Del Dover McAdamite Company of New York Ami Lake Pocono Tes Company Fees Capital Sitaesintys Southern Gas Company of Fort Worth

Also Mentioned on This Page

Tuesay American Telephone and Telegraph Company American Bell Telephone Company Money and Exchange Mercantile Paper Imaorsements Ohil Charleston Savannah Lvc Cincinnati London Market American Securities Atchison Canadian Pacific Illinois Central Union Pacific Griefl Buenos Airees Madrid Lisbon Rome Reading Company Des Moines and Fort Dodge Railroad St. Joseph Toesharwa National Bank of the Republic Oorth Western National Bank Farmers’ Loan End Trust Company New Jersey Zinc Company Pennsylvania Konitti Reading Penn Sim Trust Company of America Toledo, St. Louis and Kansas City Railroad Outside Securities St. Louis Transit Distilling OF America Amalgamated Tt Point NEW York Transportation NEW York Stock Exchange Weees Bouy, Ng Liik Frey Dam R& N Jan An Aran pSee Deedsesene BOO Lowisville & Nashv Tabash Saleen Odes Klt Eogo Socenicsex Consolidated Exchange Sales Am. Steel & W N. J& Ohi Wes & St le Tobacco Pi Il Steel Il Steel & Nas LO -Con Fede Loui Stan Ilie Entra Pacific E Manylvania Gas Ag Ist Ag Rn Pac Pacific Pac St. Wulst Times City Railway American Linseed Chicago Edison Chi. UN. Trac Diamond Match Metropolitan el Metropol el. Pf. Thy National Biscuit National Biscuit Pf National Carbon Northwestern el el. Pf South Side Brooklyn Trust Company Christian T. Christensen Frederick C. Colton Andes Belcher Best & Belcherae Cal Imperial Crown Point Gould & Curry Hale & Norcross Kentucky Lady Washington Potosi Savass Ccpeseeeed Sag Belcher Sierra Nevada Syndicate Seewee Cove Consour Ys Columbine Victor Damon Eeeae Elkton Sews el Paso Findlay Weees Oo Mary Crashen Moon Anchor Aere National Eee Sane Uy Ophir Petree Ewan Nee Ceeeeees Dalene We Innacle Portland Rawlings Ee Union Ee Treasury Balances J. A.keenan S. W. Cor 28Th St Lewis A.may & CO TRE Incorporated Delaware
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