Wall Street Tug of War Over Dividends and Steel Decline
The market faced a mix of bullish signals including dividend news from Baltimore and Ohio and a Paris loan for Pennsylvania, yet weakening sentiment persisted as stocks slid. United States Steel and related rails bore the brunt with heavy liquidation, while bearish expectations and short interest remained focal points amid a choppy trading session.
MENTIONED IN THIS ARTICLE
Baltimore & Ohio
Southern Pacific
Pennsylvania
Paris
Bank of England
London
St. Paul
United States Steel
Reading
Amalgamated Copper
Union Pacific
United States
Bonds traded heavy on New York Stock Exchange front page
Transactions in bonds on Thursday June 21 1906 list totals and rates across U S issues including Interboro Metro and Japan government bonds with mixed activity. Notable entries include Kan City Southern and Northern Pacific issues and various railroad and utility securities with price quotes and percent changes. Total sales for the day amount to 1 987 500 dollars versus prior year totals.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Cpn
Interboro-Metro
Coves
Paper Cny
Abs Algot
Sterl Lan Kans City
Kings Co
SAO
LS & M
Kuhn
Lo & N
Loeb & Co
Iem
Ovens A
Kukn
Adams Express
Hide & L
Wensocs Boul Foo
Accceseas
Canada
Sossven
Gary Lst
Penn Gtd
Chi & Alton
Rome
W & Og
SOO
Chi
Bur & Quincy
Mt.& So
Wbics
C & San
Mil & St Paul
Southa Pac
So Pac
Soca Dis
Chi, R I & Pac Ry
Southn
Chi, ST Ean
Ir & Ree
Cuterae
Garmin Oss
R & Imp
U 6
Steel Corpor
Col & So
Skg
Pall Lee Bsivae
Sec. Corp
Battens
Erie
Erie Cony
Penn Col
Maryl
Coast L, Louise & Nash
Interboro- Metro
Jin West
Cecdusses St. Smo
Ceca Ccaeet
West’ Shore
Ccsces Pees Ai
Bray Wii St
Eta
Bates
Ga 2d
Inc
M & St P
Cen
Ga 1St of Inc
Outside Securities Slide As Market Retrenches In Mining Shares
The curb market showed broad losses amid weak trading with United Copper leading declines. Boston Copper and Butte Coalition fell, while Granby Consolidated and Nevada Consolidated also dropped. many industrials closed near unchanged as prices moved within narrow limits.
MENTIONED IN THIS ARTICLE
United Copper
Boston Copper
Butte Coalition
Granby Consolidated
Nevada Consolidated
Chicago Subway
Cotton Market and Weather for Cotton States Report
Weather notes for North Carolina through Tennessee forecast fair to showery conditions. Cotton market updates cover Liverpool spot gains, local receipts, port exports, stock levels, and futures across old crop and new crop, with prices around 5.58 to 5.78 and nearby activity noting heavy daily liquidations and persistent long interest.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Oklahoma
Indian Territory
Arkansas
Tennessee
Liverpool
Fall River
Houston
Galveston
New Orleans
Metal Market Report Copper and Tin Prices Shift in London
Copper closed at £83 15s spot, down 15s from Wednesday, with futures up 17s 6d to £82. Pig tin rose £3 10s spot to £178 15s and futures £178 5s. Lead and spelter held at £16 15s and £27 7s 6d. Iron warrants firmer at Middlesboro 50s 4d. New York Metal Exchange prices compared to the prior day.
MENTIONED IN THIS ARTICLE
London
Standard Foundry
Middlesboro
New York Metal Exchange
Army announces officer transfers and duty reassignments
Changes in station and duties affect Engineer, Signal, Artillery, and Chaplain officers. Major Kuhn will go to Norfolk replacing Winslow who moves to Engineer School Washington Barracks. Several lieutenants move to Washington Barracks for Engineer School and other posts. Capt Hartmann and Clifton receive multiple journey assignments within Alaska. A board will inspect horses in East St. Louis and Kansas City. Chaplain Gladden shifts to Twenty-fourth Infantry then Manila. Downey to Chicago for temporary duty.
MENTIONED IN THIS ARTICLE
Washington
J. E. Kuhn
Norfolk
E. E. Winslow
Winslow
Engineer School
Washington Barracks
W. D. A. Anderson
J. J. Kingman
H. H. Robert
T. M. Robins
T. H. Dillon
Engineers
Valdez
Fort Egbert
Delta
North Fork
A. T. Clifton
Fort Gibbon
Kaltag
McCarthy
Fairbanks
A. C. Voris
St. Michael
Hartor
Nome
J. E. Hemphill
Kaliag
Col. F. von Schrader
H. W.heeler
E. D. Hoyle
Farrell
East St. Louis
Ill
Lathrop
Kansas City
Fort Constitution
Fort Caswell
Fort Fremont
Fort Dade
Fort de Soto
Fort Morgan
Fort Canby
James Totten
Fort Hancock
Sandy Hook Proving Ground
N.J
Charles G. Dwyer
Omaha
Fort Riley
New York City
Military Dispatch Names Officers in Navy Yard Transfer
Lieut. W. S. Miller is assigned to command our W. McDowell and Jane de Wilkes. Lieut. F. L. Sawyer is ordered to the navy yard at New York.
MENTIONED IN THIS ARTICLE
W. S. Miller
W. McDowell
Jane de Wilkes
F. L. Sawyer
Navy Yard
New York
Movements of Naval Vessels Reported Abroad
Arrivals include Barry Bainbridge Iris Eagle Lebanon Glacier Brutus Caesar at Shanghai Gloucester Lambert Point Chefoo Singapore. Sailed Marblehead Paducah Abarenda Wisconsin Mayflower Stewart from several ports to destinations including Panama Macoris San Juan Cape Cod Bay Norfolk. Porter Nicholson Wilkes De Long ordered placed in commission at Norfolk.
MENTIONED IN THIS ARTICLE
Barry
Bainbridge
Shanghai
Eagle
Gloucester
Lebanon
Lambert Point
Iris
Chefoo
Glacier
Brutus
Caesar
Singapore
Marblehead
Corinto
Panama
Paducah
Sanchez
Macoris
Abarenda
San Juan
Wisconsin
Shinkwan
Woo-Sung
Mayflower
Washington
Cape Cod Bay
Stewart
League Island
Norfolk
Porter
Nicholson
Wilkes
de Long
Grain and Provisions Market Summary
Wheat closed fractionally lower to fractionally higher on the day amid selling pressure after earlier strong demand. Liverpool finished up 4d, with bearish crop prospects cited in Russia and Europe. Corn weakened in afternoon trade, closing about 4c higher in New York, with gains earlier from Liverpool and feel of light demand. interior receipts totaled 633,000 bushels vs 609,000 last year. Cash prices show No 2 red at 94.5c elevator and 94.5c FOB, No 1 Northern Duluth 93.5c, and No Northern Manitoba 91.0c FOB afloat. Futures market details follow.
MENTIONED IN THIS ARTICLE
Liverpool
Russia
Paris
Berlin
Budapest
New York
Northern
Duluth
Manitoba
Commission House
Savings Banks Declare 3 1 2 Percent Interest June 12 1906
Trustees announce interest at 3.5 percent per year on deposits not exceeding 3000 for three or six months ending July 31, payable after the third Monday in July. Deposits before July 10 draw interest from July 1. Signatures: Joseph Bird president Frank G. Stiles secretary Constant M. Bird assistant secretary.
MENTIONED IN THIS ARTICLE
Joseph Bird
Frank G. Stiles
Constant M. Bird
Irving Savings Institution
Chambers St
New York City
Board of Trustees
W. H. B. Totten
G. Byron Latimer
Historic 1906 Dividend Declarations From Banks and Firms
A compilation from June 1906 lists multiple corporate dividend decisions. It includes notices from the Office of the Electric Storage Battery Company in Philadelphia and American Locomotive Company in New York, detailing cash dividends payable in July 1906 with record dates June 26, 1906, and stock transfers closing accordingly. Also shown are dividends from NNPISSING MINES COMPANY, EAST RIVER NATIONAL BANK, BANK OF AMERICA, GUARANTY TRUST CO OF NY, WASHINGTON WATER POWER CO, THE MARKET AND FULTON NATIONAL, Merchants' Exchange National Bank, noting percentages and payment dates, with transfer-book closures and stockholder-record requirements.
MENTIONED IN THIS ARTICLE
Light & Traction
Light & Tr. Pf
Tobacco Steel Fdy. Se
Bethlehem Steel
Borden's
Wee Asee
Boston Copper Co
British Col
Brook. UN. Gas. de
Brooklyn Ferry
Butte Coalition
W. i
Ao Central Foundry
Central Foundry Pf
Central Foundry
Chicago Subway
Ccee
Rubber Tire
Rubber Tire Bonds
Copper Securities
Cripple Creek Central
Cripple Creek Cent
Cumberland-Ely Min
Davis-Daly New
Giroux
Houston Oil Pf
Inter. Mer
Marine
Inter. Mer. Marine
International
International Salt
Lackawanna Steel
Lord. & Taylor
Lord & Taylor of
Lehigh Valley Eee
Mackay Companies
Mackay Companies of
Mont.-Sho. Con
New
Nevada
U.M
N. Y
Nipissing Mines Co
North Westches. L. Co
Otis Elevator
Pope Mfg
Pope Mfe
Precious Metals Corp
Royal Baking Pow
Standard Milling Ff
Standard Milling Mane
Standard Oil
Tennessee Copper
Tintie Mining
Tonopah Extension
Trenton Potteries
Tonopah Mining
Union Typewriter Union Copper
Typewriter
United Copper
United Cigar
United Lead
Utah Apex
Utah
Elec
Bank OF New York National Banking Association
New York
Chas. Olney
East River National Bank
Z. B. Newboll
Bank OF America
W. M. Bennet
Guaranty Trust CO
N. Y. New York
Seale
the Market
Fulton National New York
T. J. Stevens
Merchants’ Exchange National Bank of
City of New York
E. V. Gambier
City bids invited for park and sewer projects 1906
Sealed bids are requested by New York City departments for multiple public works. Projects include hay and grain supplies for Manhattan and Bronx fire companies, expanded metal lockers at Forest Park, sewer alterations on Forty ninth Street, riverfront works on West 152nd Street, and Pelham Bridges construction over Eastchester Bay. Bids due various dates in June and July 1906.
MENTIONED IN THIS ARTICLE
Department of Parks
Arsenal Building
Fifth Avenue
Sixty-fourth Street
Borough of Manhattan
City of New York
Park Board
Borough of Brooklyn
Boat House
Prospect Park
Fire Department of
Sixty-Seventh Street
Borough of
Manhattan
Borough of the Bronx
Bronx
Richmond
Brooklyn
Queens
Rockaway Beach
Far Rockaway
Argonne
John H. O'Brien
Borough of Queens
Golf House
Forest Park
Moses Herrman
George M. Walgrove
Michael J. Kennedy
Commissioners of Parks
City Hall
Forty-ninth Street
Tenth
Eleventh Avenues
One Hundred and Fifty-second Street
Riverside Drive
Broadway
John F. Ahearn
Department of Bridges
Park Row
Pelham Bridges
Eastchester Bay
Pelham Bay Park
James W. Stevenson
Annual Stockholders Meeting of Geo C Flint Co
The GEO C FLINT CO will hold its annual stockholders meeting at 45 West 23rd Street New York City at 3 30 P M on Thursday July 12 for the election of Trustees and other business. The polls will be open for one hour. Secretary ETHELBERT BELKNAP June 18 1906.
MENTIONED IN THIS ARTICLE
Peoples Bank
City of
New York
William Milne
the Oriental Bank
Board of Bed
Geo. W. Adams
Supreme Court
Second Judicial District
Daniel F. Cohslan
John F. Mnan
Benoni Pratt
County of
Westchester
Te Plains
Supreme Court of
State of New York
Court House
Borough of
Brooklyn
City of New York
County of Kings
John J. Delany
Tryon Row
Borough of Manhattan
New York City
GEO. C. Flint CO
West 23Rd Street
Ethelbert Belknap
Also Mentioned on This Page
Wall Street
Hippodrome
Gates
Tennessee Coal and Iron Company
Republic Iron and Steel Company
Southern Furnace Association
Baltimore, & Ohio
Northa Pac
Nor Pac
Outside Securities
Min
Ing Shares
Industrials
D. C
Philip'ne
Adams Exp
Alb
Am. Ag
Am. Snuff
Am. Sn
A. T
Tee i. Oo
Pf. Oovwektt
But’k Co
T. L
St. L. Pf
A. Tie T
Cleve. & P
K. A BP. Sp
Ae Am. W. Co
A. M
A. L. Pf
B. UN. G
Bruns
A & Ki
South
Gen
Ch. Co
N. B. Jelativi
Ius H. E. Pf
Ill. C
Int
P. Co
Pee
P. G
Peo
East
Pitts. C
U. Ss. Leath
Ivutean
W.F
Wis
Man. Beach
West. Ma
St. L
Y. D
N. Y. D. Co. Disbarts
J. Tel
Su MN
W. Pf
C. CT
IR. Ri
G. M
Rutland Pt
Ist
Jg. L
St. L. W
Jp.-S. Sel
Texas Cent
Lex. C. Pr
UN. We
St. Ue
I SC K
Worts
Tobacco
Bay State Gas
Beth. St. Corp
Mackay Clan
Mack. Cos. Pf
Trans Et
Crip. Cr. Cent
Crip. Cr. Co. Pt
Utah Copper
Lips & Int
New York Times
San Francisco
Cal
Alta
Andes
Belcheree
Occi
L Best & Bel
Seed
Ophir Overman
Caledonia
Savage
Julia
Justice
Telegraph
Tonopah Dist
Wedlea
Belmont
Sandstorm
St. Ives
Adams
Fan
Dexter
L. Joe
Kendall
Man
Cotton Opinion
Atwood Violett & CO
Southern Mills
Jung
Esceeer Lo
Colorado Mining
Colorado Springs
Gardner & Co
Lexington
Acacia Se
Banner
Mollie
New Haven
Dante
Dr. Jackpot
Elkton
Portland
el Paso
Rose Nicol
Sovereign
Isabela
Wor J. Johnson
Metal Market Reports
Lake Oe Weer
THE
United Service
Army
the Navy
Grain and Provisions
Chicago
Eeere
Merchants’ National Bank
Guanatuars OS Coubane Mining & Ing Company
Wall
Guato Consolidated Mining & Milling Company
State Street Trust Company
Boston
Mass
Co. W. R. Cogswell
German Exchange Bank
Bowery
Edmund F. Swanberg
Fulton Trust Ws
Nevers Street
Henry W. Reighley
Garfield National Bank
Twenty-third St. & Sixth Ave
W. L. Douglass
American Locomotive Company
Leigh Best
Nnpissing Mines Company
Nassau Street
E. C. Hebbard
Washington Water Power
Spokane
Henry M. Richards
Central Park
Econd Judicial District
Lewisboro
Poundridge
Bedford
Westchester County
Cross River
Cross. River
Francis Larkin
Charles Brandt, Jr
John J. Brown
White Plains
Martin J. Keogh
New Rochelle
Fire Department
Hook and Ladder Company
Sixty-third Street
Amsterdam Avenue
Department of Water Supply
William B. Ellison
Department of Correction
East Twentieth Street
Commissioner of Correction
Francis J. Lantry
City of New_York
Hart's Island
Department OF Docks and Ferries
Pier “ A
Battery Place
North River
Pier ‘' A
Ang