Wall Street Quiet as Arbitage Sours Trade Volumes
In a light half hour yesterday not more than 2000 shares traded, with total day volume near 140000 shares. Arbitrage houses sold about 3000 shares and bought under 1500, while no genuine investment orders appeared. Amalgamated Copper rose on weak copper prices and a London market drop. Railroad earnings stayed strong with May gains, and mid year disbursements are projected near 200 million dollars. Bond activity was dull with few large moves and some price concessions.
MENTIONED IN THIS ARTICLE
Loidon
Far West
Consolidated Gas
Wall Street
Chicago & Northwestern
Pan Handle
Pennsylvania
Atchison
Frisco
Stock Exchange
St. Joseph & Grand Island
Western Union
Copper Shares Rise Amid Narrow Market Activity
The outside securities market showed small gains as copper stocks edged higher while overall price changes were nominal. Manhattan Transit moved 100 shares and Chicago Subway closed at 23 after 1,600 shares traded, a small gain. Nevada Utah copper led activity with 7,000 shares moving, closing at 5% up from the open. Davis Daly moved 900 shares from 12% to 12%.
MENTIONED IN THIS ARTICLE
Manhattan Transit
Chicago Subway
Nevada-Utah
United Copper
Heinze
Davis-Daly
Foun
Consol
Havana
Chicago
Barnes K' de
Bonanza C K. Oy
Cumb-Ely
Oon Davis-Daly
Dominion
Douglas
Ely Central dL
Foster Cobalt
Fur
Creek
Gold Hill Wee Bk
Greene Can
Greene Gold
Greene G.S. Pf
Micmac Mines
King Edward
100 Mines Co
Mitchell Mining
Assis
Monte
C. R
Nev
U.M
Butte
Ontario Copper
Panama
Stewart Mining
Nevada
Union Mines
United Rice
Utah
Cordage Lstue
Atchison
Barnes-King Develop
Bonanza
Boston Copper Eee
British Coi
Bis Butte Coalition Tee Eee
Central Foundry
Central Foundry Pt. Cops
Chica Subway
Colonal
Cumberland-Ely Min
Douglas Copper
Ely Central Ee Eewne
Gold Hill Eeeesee Steeee
Greane
Greene-Cananea
Havana Tobacco Pf
Havanna Tobacco Pr
Manhattan Transit Aoe
Micmac Gold Mining
Mines Co. of America
Nevada-Utah M
Nipissing Mines Co
North Butte
Old Hundred
Otis Elevator
Silver Queen
Oes
United
Waterbury Co
Western Ice Co
Lowry Bank to Absorb Trust Company of Georgia
Atlanta June 24 By the deal the Lowry Bank of Atlanta will absorb the Trust Company of Georgia on July 1. The merged bank will become the largest in the state and raise capital from 500000 to 800000, with 100000 of the new stock from a 20 percent dividend to current holders and 200000 from new stock issuance.
MENTIONED IN THIS ARTICLE
Atlanta
Lowry Bank of Atlanta
Trust Company of Georgia
Trust Company
Lowry Bank
Wade of Hew
American Telephone and Telegraph Company
Boston
New York
Manhattan Trust Company
Wall Street
National Bank of Commerce
Sears
WM. R. Driver
Et T
Wall, Street
Memphis
Municipal Council
Tenn
Security Bank and Trust Co
Mphis
Tennessee
United States Eee and Trust Company
New York City
N. Y
United States Mortgage and Trust Co
Williams
Ennis M. Ouglass
Equitable Trust Company OF
Nassau Street
Eee Eh No
Manhattan
City of New York
Merccantile Trust Company
Banking Law of
Equitable Trust Company of New York
Mercantile Trust Company
Alvin W. Krech
Frederick W. Fulle
Greenwich Savings Bank
James Quinlan
Charles M. Dutcher
J. Hampden Robb
Eagle Savings and Loan CO
Remsen &8T
Brooklyn
City Hall Square
THE
Broadway
Borough of
William C. Poillon
Guy Richards
Grain and Provisions Market Summary From New York Prices
Wheat advanced briefly on bullish Western crop news but faded as harvest delays and unbelief weighed on futures. Foreign demand bought Manitoba supplies while Liverpool and Paris secured modest gains. Budapest softened. Cash NY wheat set at No 2 red 7 cents, No 1 Northern 1.074 and No 2 hard winter 1.01X. Corn opened higher then eased as receipts grew with cash quotes No 2 62.5 cents, No 2 white 63 cents, No 2 yellow 62 cents. Futures priced in New York referenced.
MENTIONED IN THIS ARTICLE
Kansas
Missouri
Manitoba
Liverpool
Paris
Budapest
New York
Northern
Duluth
New Jersey Incorporations List Includes Mining and Utilities Firms
A fragmented notice lists Hudson Engineering Company of Jersey City with capital $450 and several incorporators, alongside Home Telephone Company with $300,000 capital and other groups. It mentions corporations tied to mining, real estate, and construction sectors and partial names like Frederick D. Kennedy and Charles Levy amid a garbled imprint.
MENTIONED IN THIS ARTICLE
New Jersey
Hudson Engineering Company
Jersey
Citty
Capital
Frederick D. Kennedy
Alfred Edgecombe
John 8. Welsh
Ee H. Hulich
A. B. Forsythe
Ite
Los Posoz
Annexes
Rewark
Charles Levy
William B. O. Logan
Theodore Minzesheimer
Eugene Newman
Enrico N. Breln
Tor
Foreign Markets Show Gains as Gold Flows and Paris Rises
London reports active money demand with the Bank of England taking £450,000 in gold and gains on the Stock Exchange aided by Paris price firmness. In Paris the mood is cheerful as Russia’s finance minister says no loan this year, lifting prices, while Berlin notes broad strength and a higher Canadian Pacific.
MENTIONED IN THIS ARTICLE
London
Bank of England
Stock Exchange
France
Paris
New York
Yes
South America
Madrid
Lisbon
Oss
Berlin
Canadian Pacific
Imperial Bank of Germany
American mining stocks in London yesterday listing
Prices for American mining stocks in London were collected yesterday. The report notes Camp Bird and Stratton’s Independent among others with figures given, reflecting market activity for U S mining shares in the London market.
MENTIONED IN THIS ARTICLE
London
Camp Bird
Lesperanca
Seksesen é'Stratton
Cotton Market Rallies From New Low, Closing Up Sharply
Cotton futures firm after opening weak on Tuesday with an 11 22 point rise near session end. October saw support from large buyers as weather expectations and Liverpool weakness tempered selling. Local spot prices held at 13 for mid upland and 13.25 for middling Gulf with 6,800 bales traded.
MENTIONED IN THIS ARTICLE
Liverpool
Texas
VRE
Gulf
Savannah
Charleston
Norfolk
Augusta
New Orleans
Memphis
Wall Street Bond and Stock Quotes From The Day
Government bonds noted with no transactions. Closing quotes show numerous issues across utilities, steel, mining, railroads, oil, and industrial firms. Key names include Panamanian, Mackay, Allis-Chalmers, Chicago traction, Erie, Homestake, Int. Coal, Illinois Central, and Union Pacific with varied bids and asks reflecting market activity.
Money and Exchange Rates on Stock Exchange and Banks
Money on call loans ranged near 2 to 3 percent with last loan at 2 percent. Time money quotes showed 4 1/2 to 5 percent for various terms. Clearing House totals reported exchanges at 168.68 million and balances at 8.75 million, with Treasury credit 112,696. Local banks incurred a 3.015 million loss since Friday. Sterling exchange dull. nominal rates 4.844 for sixty days and 4.88 for demand. Actual demand close 4.8725, sixty days 4.8395, cables 4.?. commercial bills 4.05?6. Continental exchange noted: francs 5.19% less 1-82 for long and 5.1 plus 1-64 for demand. reichsmarks 0.4? T-1 and 95%. guilders 40 5-16 plus 1-16. Exchange on New York at par. Chicago premium 30c. New Orleans discounts, bank premiums. Savannah discounts with premium. St. Louis premiums. Charleston discounts with premium.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile Paper
Clearing House
Ub- Treasury
Sterling Exchange
Reichsmarks
Guilders
Exchan
New York
Chicago
New Orleans
Savannah
St. Louis
Silver quotations and Mexican dollars in early markets
Silver was quoted in London at Sid per ounce and in New York at 67% per ounce. Mexican dollars were S26.
MENTIONED IN THIS ARTICLE
London
New York
Farmers Loan and Trust Company Address Listing
The record notes the Farmers' Loan and Trust Company with offices at 16 18 20 and 22 William Street New York and a branch at 475 Fifth Avenue New York and a London office at 18 Bishopsgate Within.
MENTIONED IN THIS ARTICLE
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
New York
Dividend Notices From New York Banks and Railroads
A compilation of 1907 dividend announcements from Hanover National Bank Market and Fulton National Bank Chatham National Bank and others. Payments range from four percent to thirteen percent with July 1907 pay dates and closed transfer books schedules. Includes Southern Pacific Kansas State Leased Railways New York Central Hudson River Railroad and miscellaneous corporate notes.
MENTIONED IN THIS ARTICLE
Hanover National Bank
City OF
New York
Elmer E. Whittaker
Caabler
the Market and Fulton National Bank
Chatham National Bank
H. P. Doremus
Bank OF America
W. M. Benndet
T Bank OF New York
National Banking Association
Wall St
Chas. Olney
General Rubber Company
Broadway
First National Bank
Wall Street
New York City
John J. Watson, Jr
Dividend declarations and transfer book closings listed
The American Chicle Company declares regular and extra dividends on Preferred and Common stock with payment dates in July and transfers close on specified dates. The Seaboard Company announces a semi annual dividend on First Preferred Capital Stock and transfer books closing in July and August. Sealed dredging proposals for Schodack Creek, Hudson River, will be received until July 24 1907.
MENTIONED IN THIS ARTICLE
German Exchange Bank
New York
Edmund F. Swanberg
Columbia Bank
Fifth Avenue
Forty-second Street
Griffith
Mercantile National Bank
City of New York
Transer
Emil Klein
Merchants’ Exchange National Bank of the
City of New_York
E. V. Gambier
National Biscuit Company
EB. Bugbebe
American Chicle Company
Yable
At & P M
Rowley
Gene
Foot
Seaboard Company
Jersey City
N._J
Stocker Coe
D. C
H. C. Derby Company
West 89Th Street
New York City
H. Derby Company
West 39Th Street
West Point
N. Y
United States
N.Y
Buffalo Susquehanna Railroad declares common stock dividend
Buffalo and Susquehanna Railroad Company declares a common stock dividend No 33 of 1 1 4 percent payable July 1. Secretary F A Lehr treasurer and financial agents announce the payment and related details in a formal notice.
MENTIONED IN THIS ARTICLE
Buffalo & Susquehanna Railroad Company
F. A. Lehr
Also Mentioned on This Page
Amalgamated Copper
Union Pacific
Reading
International Harvester Company
Outside Securities
BANK
Grain and Provisions
Treasury
Foreign Public Securities
Saxony
Hamburg
Cologne
Munich
Augsburg
Frankfort
Sis
Vienna
Lon- N.Y. N.Y
Netdon
St. Pau
Erie
Illinois Central
Louis, & Nash
N. Y. Central
Southern Pacific
V. S. Steel
S. Steel Pf
Cotton States
Washington
Federal Weather Bureau
Tueday
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Oklahoma
Indian Territory
Arkansas
Kn. T Chi
Gatene Lee Gas Sf
L. KE. Ae Ww
Ikeen Island
Mackay Cos
Mackay (Ns
Philip
Mich
T. Pt
Alb. & Sus
All. & W
Allis-Chalm
Allis-Ch. Pf
É Am. Ag. C. Am. Ag. Ch
B. A. Ies
Chi. T. I Rpf
Sciens
E.ml
Ag. St. Sp
St. Sp
Eal Cc
M. Co
St. Jo
GC. T
Chi
U. Tr
U. T. Pf
S . Epicwes
St. L
L& c
LL & W
Os An Aw
H.C. & Iron
P. R
D. M
Ft. D
Fed
Gen. C. Co
H.b.claffin
E. R
H. BE. R
Hock
V. R
Int
Rand
R. Pf
K.C
Kan. C
K. C
K. 2D
Wis. C
Nat
Fi. Cub
Secre
Ea Pf
Cig
U. Rys
U. BP Isi
J. R
Imp
R. Wel
R. R
Car. Ch. : Co. As
Money and Exchange
Bishopsgate
Rue de
Toronto
Standard Stock Exchange of Toronto
McKinley-Darragh
Kerr Lake
Sete Ween
Peterson Lake
Silver Leaf
Trethewey
University
Nipissing Central
Railroads
National Butchers & Drovers’ Bank
Banks and Trust Companies
Merchants’ National Bank of the City of New York
Board of Directors
Freeman
Trust Company OF America
Trust
Company of America
Frank L. Hilton
Utah Light & Railway Company
Utah Light and Power Co
Uien
Utah Light and Railway Co
Utah Light
A K. van Jeventer
Southern Pacific Company
A. K. van Deventer
Kansas Tate Leabeds Railway
Broad St
R. B. Sperry
NEW York Central & Hudson River Railroad Company
Oine
Mnet
Edward L. Rossiter
United Traction and Electric Ccean
Sweetland
Joliet & Northern Indiana Railroad Co
Michigan Central Railroad Company
Grand Central Station
Charles F. Cox
Telephone and Telegraph
Pasecene
Jean
Jenepan
Bowery Savings Bank
Eauests Spewney A Somidias
William H. S. Wood
Henry A. Schenck
William E. Knox
Franklin
Franklin Society For Home Building and Savings
Franklin Society
State Banking Department
Beekman ST
Park’ Row
Chambers St
Board of Trustees
Thomas M. Mulry
John J. Pulleyn
NEW York Savings Bank
N. W. Cor. 14Th St. & St. Avenue
William Fellinger
James L. Wandling
Archibald M. Pentz
Bank For Savings
New Yor
Fourth Avenue
Walter Trimble
Charles A. Sherman
James Knowles
Buffalo & Susquehanna R. R
Gulf & Ship Island
Rei & Term
Keystone Telephone Co. of
Phila
Kansas City Viaduct & Term
St. Louis, Rocky Mountain & Pacific Co
FISK @ ROBINSON
Cedar Street
Deplex Metals Company
J. F. Monnot
Byron E. Eldred
L. Tingle
Madison Avenue
Borough of Manhattan
W. D. C. Street
Westinghouse
Electric and Manufacturing Company
W. Siemon
North River Savings Bank
34Th St. Bet
Samuel D. Styles
Frederick N. Cheshire
Charles F. Turton
Citizens’ Savings Bank
Bowery. Cor. Canal ST
Henry Hasler
Henry Sayler
Emil A. Huber
Union Dime Savings Institution Broadway
Sixth Avenue
Greeley Square
Charles E. Sprague
Francis M. Learded
William G. Ross
United Rico Mines
Gerald & Banfield
Rector
J. Thomas Reinhardt