Stocks Decline as Rock Island Leads Market Drop
Unusually heavy selling of Rock Island group shares pulled the market lower with Rock Island preferred down several points and Frisco and Union Pacific shares posting losses. The article notes renewed trade in Union Pacific bonds and describes idle cars and money-market firmness amid new reserve requirements.
MENTIONED IN THIS ARTICLE
Rock Island
WEAI
Union Pacific Bonds
Rock Island Group
Frisco
Union Pacific
Northern Pacific
Reading
St. Paul
Rock Island Securities
Nsed
St. Louis Francisco
Ent
Althou
Clos
The
Stock Exchange
American Railway Association
Transactions in bonds show broad sale totals June 22 1908
Market records list Imperial dest 6.00 r 10 746 2,000 117 20,001 and numerous government and corporate bond lots with prices from 68% to 109% and total sales amounting to 2,529,500 dollars on June 22 1908 with 2435 3R1 020 for prior year comparison.
MENTIONED IN THIS ARTICLE
L & W BC
MK & T
Cevids
IMK & T
Maueeereep
Mo Pac
C & St
Leeenee
Cccac- Lim
Mnynhe&hr Oe
Naeseenms
Eee
Eveees
Osiveesasap BO
Enn Cacees Sta
NYO & W
N & WP
CECI
Willie
Ceceeseee
Sccee
Tiainor Pac
Georgia
Gary 24 Inc
I Penn
Eeceeees
Ee Connes
Rté& Ss Col
lcRi& Peen
L'So
Lo RI & P Ry
Safestine
PM & M
Ween
Tex & Pacis
Aceeenese
Eensees
Seeeseees
D Astos
Cri
PRR
Eeeees
Veose Diy
Serer
Coca St Igen
Tndus
Lawncewer
Erie
Poy
Cesebe
Cececvers
Outside Securities Mining List Shows Stagnant Market
Brokers found little to do as Broad Street traders faced a sunlit day with a quiet market. Copper issues posted nominal gains while most prices closed at or near opening levels in a list that stayed within narrow limits.
Boston Stock Market Quiet with Adventurous Lifts
In Boston on June 22 trading was very quiet aside from a few issues showing slight gains. Overall activity was subdued with no notable market movements beyond scattered small advances and a steady but featureless decline on reaction days.
Calendar for today books close list of firms
A calendar item notes books close and lists entities including American Coal Products Co Hocking Valley Railway Mercantile Trust Co National Licorice Co Rochester Railway Syracuse Rapid Transit Co Tri City Railway and Light Consolidated Mining Co Wilkes Barre Gas and Electric Co Havana Electric Railway and Aetna Indemnity Co with special meetings.
MENTIONED IN THIS ARTICLE
American Coal Products Co
Hocking Valley Railway
Mercantile Trust Co
National Licorice Co
Rochester Railway
St. Joseph Stock Yards
Syracuse Rapid Transit Co
Tri-City Railway and Light
Tah Consolidated Mining Co
Wwilkesbarre Gas and Electric Co
Aetna Indemnity Co
Havana Electric Railway
Money on Call Rates Decline in Exchange Markets
Money on call on the Stock Exchange showed loans at 1 percent, with last deals near 1 percent. Rates for longer terms ranged from 2 1/2 to 4 4 percent, while mercantile paper figures and clearing house balances are reported. Sterling and continental exchange quotes varied across centers, with New York, Boston, Chicago and other cities showing discounts and premiums in different currencies.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile
Clearing House
Sub-Treasury
Sterling Exchange
Reichsmarks
Guilders
New York
Boston
Chicago
St. Paul
St. Louis
New Orleans
Bank
San Francisco
Silver quotations push metal markets in London and New York
Bar silver was quoted in London at a height per ounce, and in New York at four and a quarter. Mexican dollars were four and a dime.
MENTIONED IN THIS ARTICLE
London
New York
New York City Bonds Close With Swift Beef Pricing
Closing quotations of New York City bonds yesterday compare with Saturday. Swift and Company sales of Fresh Beef in New York City for the week ending Saturday June 20 averaged 10.49 cents per pound.
MENTIONED IN THIS ARTICLE
New York City
Swift & Company
New York
Financial figures across railways and lines show 1907 to 1908 shifts
A compilation of June and July period figures for several railroads and lines including ANN ARBOR CHICAGO GREAT WESTERN DETROIT TOLEDO IRONTON GEORGIA SOUTHERN & FLORIDA TWIN CITY RAPID TRANSIT KANSAS CITY SOUTHERN plus Central Coal and Coke. The data covers mileage, weekly figures, six to eleven month totals, gross and net earnings, expenses and taxes, and year end surpluses and dividends. The entry also promotes The New York Times Weekly Financial Quotation Review as the authority for bankers and investors.
MENTIONED IN THIS ARTICLE
Ann Arbor
Chicago Great Western
Detroit
Toledo & Ironton
Georgia Southern
Florida
Twin City
Kansas City
Central
Ccal & Coke
Eecetecesb
NEW York Times Weekly Financial Quotation Review
United States
Vigi States
Philadelphia Prices Decline in Dull Market Session
Philadelphia trading stayed dull and easier with United Gas and Lehigh Valley among declines. Heavy sessions totaled 20,456 shares as professional activity dominated the day in a weak market.
MENTIONED IN THIS ARTICLE
Philadelphia
New York Times
Penn
United Gas
Lehigh Valley
Metals market report shows mixed London prices and steady lead
Spot copper in London closed at £58 2s 64d, down from Friday by 2s 6d. futures fell 1s 3d to £58 15s. Pig tin weak at £126 7s 6d spot and £127 2s 6d futures. Lead unchanged at £12 12s 6d. Spelter weak at £18 1s. Cleveland warrants quoted at 51s bad. New York Metal Exchange bid and ask prices for spot delivery compared with Friday.
MENTIONED IN THIS ARTICLE
London
Cleveland
New York
Treasury balances at start of business day
The Treasury reported at the opening of business today that the reserve fund held gold coin and bullion at 150,000,000 dollars. Trust funds to redeem outstanding certificates stood at 16,877,859 dollars in gold coin and 473,546,000 dollars in silver dollars. The general fund was 187,976,506 dollars. Deposits in national banks totaled 165,725,288 dollars. In the Philippine Treasury reimbursements were 3,523,115 dollars. Current liabilities were 117,088,350 dollars.
MENTIONED IN THIS ARTICLE
Reserve Fund
General Fund
Eevaces
Philippine Treasury
Sdeweeee
JiaDitles
Eeeseesceveeers
Mining stock closing quotations compiled in San Francisco
The official closes list mining shares across numerous companies led by Angel, Occidental, Potosi, Caledonia and Tonopah interests with varied fractional gains and losses. Goldfield, Gold Bar, Homestake, Belmont and other mines show mixed results in tonnage and premium quotes.
MENTIONED IN THIS ARTICLE
San Francisco
Julia
Angel
Kentucky
Belcher
Mexican
Best & Helcher
Occidental
Caledonia
Overman
Potosi
Savage
Tcusnetsi Ee Confidence
Sag Belcher
Cal
Sierra A East
Imperial
Union
Crown Point
Utah
Gould & Curry
Yellow Jacket
Hale
Norcross
Tonopah
Dia
Wows Eae
Belmont
Golden Anchor
Goldfield
Jim Butler
McNamara
Lone Star
Midway
Mohawk
Montana
Sandstorm
St. Ives
West End
Adams
Sianeho OS Bullfrog Mining
Atlanta
Coffee market steady amid quiet trading and port receipts
The coffee market closed steady with little change after a quiet session. Sales reached 18 000 bags as Havre and Hamburg showed mixed moves while Brazilian markets held firm. last week’s U S deliveries totaled 101 871 bags with New York accounting for 62 765 bags.
MENTIONED IN THIS ARTICLE
Havre
Hamburg
Rio No. 7
United States
New York
Hse Ee
New York Times Banks Record Advertising and Finance Pages
The New York Times carries more financial advertising than any other U.S. paper and prints the last statements of all thirty five National banks in New York City, a record cited as evidence of trusted circulation and ad integrity.
MENTIONED IN THIS ARTICLE
NEW York Times
United States
New York
Chicago trading on local Exchange stalls as shares move
Special to The New York Times reports trading on Chicago Exchange nearly at a standstill with Chicago Telephone shares at 130 and American Can closing around 54. Prices for United Boxboard, National Biscuit, Quaker Oats and other issues show mixed moves, with several issues listed in the 4% to 6% area and others steady or down slightly.
MENTIONED IN THIS ARTICLE
New York Times
Exchange
Chicago
United
Amer. Shipbuilding
Booth & Co
Wees
Chicago Pneu. Tool
Chi. Rys
Chicago Telephone Shugee Rcmp
Chicago Subway
Title & Trust
Co Edison
Esecs
Diahmond Match
National Biscuit Pf
Quaker Oats
Swift
Wheat market firm with mixed international notes
Wheat market held firm and active after a brief opening decline, led by Northwest conditions and hail reports in Minnesota. Interior receipts reached 58 000 bushels versus 702 000 last year as export activity continued. New York prices ranged around 95 to 96 1/2 cents, with No 2 red wheat futures showing varied movements amid conflicting Southwest reports.
MENTIONED IN THIS ARTICLE
Northwest
Liverpool
Berlin
Budapest
New York
Duluth
Chicago
No. 2
Bondholders protest fees for Crosstown property in 1908
The holder notice from Frelzer & Co at 95 Broad Street New York dated June 19 1908 calls 28ths 29th Streets Crosstown ALA first mortgage 5 percent bonds due Oct 1996 for holders to file names and amounts of other holders to protest abandonment of the property. Immediate action requested.
MENTIONED IN THIS ARTICLE
29Th Sts
Crosstown
Frelzer & CO
Broad St
New York City
Fork
Auction of Stocks and Bonds Sale by Adrian H. Muller & Son
A public sale listing stock and bond holdings including United States Steel, Northern Union Gas, Public Service of New Jersey, and many others. The document notes a $15,000 cash deposit, 10 percent buyer’s premium, and payment terms with balance due the next day. Executors’ order governs the sale with multiple collateral notes and trust arrangements referenced.
MENTIONED IN THIS ARTICLE
T. Ck
A. T
Goa
N. E
Oal & Ol
Il Ae
U. 3 Steel
Bu Gig
West Tel
Tel. Os
Boston Elevated
Boston & Albany
Gaston & Maine Iz Isv
Boston & Worcester
Cc .Bos
Wosaeter Pf. J. KR
SSP
Fitchburg
Mass
Northern & N. H. Ltd
Old Colony Thenee
Union Iacific
West End
Teeereaere
New England
Ag. Chem. Ae
Ag. Chem. Pf
Pneu
Edison Wees
General Electric
Pullman Ware
Reece
Seattle
Switt
United Fruit Enee
United Shoe
United States Steel
Ise Oe
Ork Mining
Adventure En Ertt Ee
Amalgamated
Aliouez
Ariz
Iston Constance
Brston & Corbin
Rr Butte Coalition Ware
Cal. & Arizona
Enten
Sae - Sane
Daly-West
Elm River Ceessesere
Franklin Wert
Sureene Cananea
Isle Royale
Eass
la Salle
Massee
Mexico
Nevada
North Butte
Shannon
Superior
Utah
Associated Naval Banks
Boston
Bks
Ae J. A
Adrian H. Muller & Son M
Waessak St., Y
Consolidated Indiana Coal Co
Sloss Iron & Steel Co
United States Steel Corp
Graff, Washbourne & Dunn Ca
Journeau & Burnham Co
American Smelting Co
U.S. Smelting Co
1. S. Reduction & Refining Co
Northern Union Gas Co
N. Y
Public Service Corp
New Jersey
Herring-Hall-Marvin Safe Co
Also Mentioned on This Page
Savings Bank Bonds
Etates
Plympton, Gardine & Co
A.b.leach& Co
Broadway
Bertron
Storrs
Griscom
Wall Street, New] York
Hiladelphia. Securities
N. W. Ae
W.l.lyons & CO
New York Stock Exchange
New York Cotton Exchange
Chicago Board of Trade
Isville Stock Exchange
Exchange Place
Louisville
Eller Building
Winds Central Rights
Schmidt Gallatin
New York Stock
Baggot & Co
Argin
Eyer & CO
Bankers
Wall St
American S
Aurora
Somerset Coal
Willkesbarre & Wyoming
Elgin National Watch Stock
Riegargel & Co
Nassau Stree
New York Hornblower & Weeks Bankers & Brokers
New York & Boston Stock Exchanges
West
Tugker, Anthony & GO
State Street
Mobile Electric Company
Edison Biettric Co
San Diego
Con. Gas & Elec. Co
Oklahoma Gas & Ele Oc. Co
William P. Aon & CO
Mobile
Ala
Ehansis
Richmond Pess. & Power
Omaha Gas
Omaha Water
Syracuse Gas
Syracuse Rap
Tr. Ry
Samuel Ht. Barrows
Dominick & Dominick
Cortlandt
Griswalc
Eastern Point
New London
D. AL Nickells S. A. P. Pell & CO
Pfssoa
York Stock Exchange
Silesh
Hanover
AB Exchange
Pi. Simon Org & CO
Nassau St
Investment Securities
BBC Brothers & CO
Baltimore
L. B. Wilson
D. M. Ferguson
L. B. Wilson & CO
Consolidated Stock Exchange of
Financial Markets
Rincap
Peerv
Wyite
Bank of France
South Africa
Bank of England
WDOB
Ask Cheese
Allis-Chalmers
Amer
Agricul
Car & Foundry
Hide & Leather
Ice
Steel
Steel Fo
Aeeres Oor
Tel
Top &Sf Bot
Baltimore & Ohio
Brook
Rapid
Canadian Pacific
Central Leather Co
Chesapeake & Ohio
Chicago & Alton
Chicago Gt. Western
Chi
Mil. & St. Paul
Chi., Mil. & St. P. Pf
Chi & Northwestern
Blsee
Chi. Union Tr.t.r
Colorado Fuel & Iron
Colorado Southern
Col. South
Consolidated Gas
Delaware & Hudson
Denver & Rio Grande
den. & Rio Grande Pf
Distillers’ Securities
San
Federal
Hwest
Hocking Valley T. R
Interborough-Met
Harvester Pf
Steam Poe
Iowa Central
Kansas City South
Louisville & Nash
Rock
Mercantile Marine of
el Or
Minn & St. Louis
Pacific
Minn
St. P
S. S.M
Kansas & Texas
Missouri Pacific
Unity
National Biscuit Co
Nationa Ad CO
T Several
National Seai Co
Air Brake
New York Central
N. Ea Chi
St. L
N. Aes Ont
Norfolk & Western
Pacific Eoee
N. P. Recs
Ontario Mining
JZ Pacific Mail
Son E
Pennsylvania Reece
Pittsburg
St. &S
St. Les
Southern
Pacific Pf
R’way
Tennessee Copper
St & West
Ss. Ruber 2d
U. S. Steel
Coppe o.Caro
Hemical Eae
Va.Caro. Chem. F
Va. Iron, Coal & Wabash
Erect Eretes
Wabash
Cave
Western Union Tel
Westinghouse
Wisconsin Centrals
Wisconsin Central
Outside Securities
Standard_ Oil
Subway
Col
Lutte Coalition
A. Utte & NY
Comb. Ariz. Sm
Ely Min
Lores
Instal
Oldfield Con
Daisy
Cananea
Emac Mines Se Lg
Darragh
Han Opper
British Columbia
Butte Coalition
Cobalt Central
Sly Hhy
Chicoo Subway
rland-Ely Min
Davis-Daly Eee Tees
Dolores, Ltd
Wereeenee Thay
Douglas Copper
Dominion Copper
First National
Goldfield Ceeneee
Goldfield Daisy
Greene-Cananea Creeee
Greene
Sreene
Favana Tobacco
Avana Tobacco
Athes Co. of America
cKinley-Darrag
Enn -Wyoming
Bessis
Eeeseeeee Aemeeseene
Seeeaees
Raawalt
Boston Stock Market
Nasta of
Uueo
Io Fund
Eplus, N. Y
Hcs
Money and Exchange
Consolidated Exchange
M. B
Ae T. & S.f.pf
Balt
Ohio
Brooklyn R. T
Can. Pacific
Ches. Ohio
Gf. West
Col. Fuel & I
Dist. Secur
Gt. North
Inter-Met
Louis. & Nash
Navn ‘Central
Pennsylvania
Republic Steel
Rep. Steel Pf
Rock Isl
South
Southern Ry
Union .Pacific
U S. Rubber
UW S. Steel
Steel Pt
Best & Belch
Con
Aly Sap
Goldfiela
Oaha
Goldf. Daisy
Amal Copper Sesceres
Io Ioi
Cambria Steel
Catawissa
C. & Aeers
East Pennsylvania
Bloc. Co
Ceeeli
Asphalt
Wanes
Indiana
Ins. Co
N. Am
Keystone Tel
Lake Sup. Corp
Die Dig Oy
Lehigh Valley Oo
Marsden Co
Lehigh Nav
Penn, Salt Co
Philadelphia Co
Phila
Electric
Lin Rock Island Pf
Tonopah Belmont Eaee
Tonopah Mining
Soca Sioa
U. Ss
Welsbach Co. Er
Pittsburg Transactions
Pare Crucible Steel
U'S
Crucible Steel Pf
Mirs
Light & Heat
Mt. Trittle Copper
Pittsburg Brewing
Pittsburg Coal Pt
Pittsburg Con
Us Steel
LOO
Fitteburg Brewing
the Treasury Balances
Washington
Treasury
Shicago Stock Market
Wednesda
Ratuban
Vesey Stref
Shomitmays
Aucledge
Fae
Fund Clearing House
Willam
Rudolph Kleybolte & Company
United States Mortgage & Trust Company
Detroit, Toledo & Ironton Railway ‘Company
United States Mortgage & Truest Company
Rudolph Kleybolte & Compa
Sis
Natio
New Jersey Terminal Dock & Improvement Co
United. Telephone & Telegraph Co
Stewart Sugar Co
Empire Keystone Improvement Co
M. Zimmerman Co
West Virginia Midland
R. R. Cove
Union Ferry Co
Gronklyn City R. R
New York & Kobecken Ferry Co
Florida Southern Rh. R
Mechanics’ National Bank
New Amsterdam
Nat'l Bank
Mechanics & Travers’ Bank
Om de Elvico Corper Mining Co
American Pnchanse Nat'l Bank
Gallatin Natl Bank
Tehigh
New York R. R
Fields of Mexico Co
Standard Motor Construction Co
Lincoln
National Bank
Nut'l Commer Bank, SA
Cuba Company
Houston & Tex
Cent. R. BR Con
Houston, East & West
Tex
R. R
Havana
Missouri, Kan
Tex. R. FR
Cuba
Great Northern
Texas & Pacific Coal Co. Co