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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

New York Times

Location

New York, New York, United States of America

Date

Jun 26, 1906

Page

9

Steel Prospects Bright Declares Judge Gary

Judge Elbert H. Gary of United States Steel says unfilled orders near 7 million tons on July 1, nearly matching early year levels and well above last year. He foresees a new high output this year aided by good crops, strong railroad demand, and continued prosperity into 1907. A rumored merger to form a second steel trust was denied by Republic Iron and Steel and Tennessee Coal and Iron officials.

United States Steel Corporation Elbert H. Gary Gary Steel Corporation Judge Gary Pittsburg Southern Jones &Ughlin Topping Republic Iron and Steel Corporation Tennessee Coal and Iron Company Jones Jones & Loughlin Company

Trading in Baltimore United Railways leads a dull market

In Baltimore on June 25 the New York Times reports United Railways issuances dominate a fairly active market while common trust certificates slide to 15 percent, with income bonds offered in exchange for June and December 1907 coupons and a proposed 5 percent interest, ten year plan. Houston Oil preferred advances to 48½, Beaboard first pref declines, Mount Vernon Woodbury Cotton Duck 5s firm at 86, Northern Central rises, and bonds show varied prices as trading closes dull.

New York Times Baltimore United Railways Houston Oil Beaboard Company First Mount Vernon Woodbury Northern Central Atlantic Coast L Leaboard & Roan United Rus. Inc B. Bros.ctfs Seaboard United Rys. Ctfs Fidelity & Dep. Co Comas Cig. M. Co Georges C. C. & I

Railroad Income and Mileage Figures for 1905 1906 Summary

A compact report of mileage and income across multiple rail lines including Buffalo Rochester and Pittsburg Missouri Kansas Texas Wabash Chicago St Paul Minneapolis Gulf and Ship Island Canadian Northern and others. It presents weekly and monthly totals, annual gross and net figures, and notable surpluses or losses for periods through mid year.

Buffalo, Rochester Pittsburg Missouri, Kansas & Texas Twin City Rapid Transit Missouri Pacific— Central Branch Chekok Mos. Eee Chicago ST. Paul Minneapolis & Gulf & Ship Island Omaha Bet Soan Mos Misneatolis ST. Louis Twin City Tssose Ieetee Detroit & Mackinac Iowa Genet Burges

Wall Street Bears Dominate As Stocks Weaken Across Market

The market faces heavy selling from bears over several weeks with large holders unloading long stocks from strong boxes. Financial leaders warn capital has withdrawn from stock investments amid congressional and state uncertainty, while sympathy for administration actions fuels cautious sentiment and persistent weakness in major names like Amalgamated Copper, Reading, and Union Pacific.

The Financial Chronicle Congress

Boston Stock Market Reports A Declining Session

The Boston money market remains easy with call loans at 4 percent and time loans around 4 to 5 percent. Weekly Associated National Banks report shows declines in loans and mixed movements in deposits and circulations. Early prices fell, copper shares and local issues were sold, and a rally on Osceola dividends was offset by Amalgamated declines. Local conditions remain unsettled, awaiting a stronger New York market.

New York Times Boston Mercantile Paper New York Treasury N. Y Osceola Amalgamated

Illinois Brick dividend eyed amid brick war chatter

Chicago June 25 Directors of the Illinois Brick Co are expected to declare a 1% dividend due. The payout may ease fears of a brick surplus by next winter, affecting local shares. Some traders see the dividend as weakening sentiment as money is needed to build stock. Edison stock listed in an odd lot of ten shares.

New York Times Chicago Illinois Brick Company Illinois Brick Edison

Metropolitan Telephone Bonds Sale Invitation 1906

The Mercantile Trust Company as trustee invites proposals for sale to The New York Telephone Company of bonds secured by a mortgage dated May 24 1888 and an agreement dated November 1 1888. The buyer may pay at a price not exceeding par plus a 10 percent premium, up to 13 661.00, with sale on July 1 1906. TTY Richards Secretary New York ape Thesoth 1906.

Metropolitan Telephone and Telegraph Company Mercantile Trust Company NEW York Telephone Company

New Sub-Post Offices to Open July First in Manhattan and Bronx

Postmaster Willcox announces twelve new post office substations will open on July 1 in Manhattan and the Bronx, bringing total suburban stations to 222. Since January 1905 he added twenty six stations, increasing branches to thirty six. new locations include Seventh Avenue at 2,350, Park Avenue at Seventy third Street, and Amsterdam and Hudson street areas among others.

William R. Willcox Manhattan Bronx Willcox Seventh Avenue Park Avenue Seventy-third Street First Avenue Fifty-seventh Street Amsterdam Avenue Second Avenue Ninety-sixth Street Hudson Street Stanton Street Pitt Lexington Avenue Eighty-sixth Street Jackson Avenue 166Th Street Third Avenue Prospect Longwood Avenues

Harbor control move in San Juan announced

The Insular Government of Porto Rico will assume full harbor control, buy the NY & Porto Rico Steamship pier, and construct warehouses and additional piers after the harbor dispute and council recommendations.

San Juan Porto Rico Executive Council New York & Porto Rico Steamship Company

Michigan Central declares two percent stock dividend

The Board of Directors of Michigan Central Railroad announces a two percent dividend on capital stock payable at Grand Central Station on July 28 1906 to holders of record at noon on June 30 1906. Treasurer Charles F Cox signs the notice.

Atchison, Topeka and Santa FE Railway Company New York Board of Directors W. Gardiner Nassau Street New York City Cleveland Cincinnati Chicago Louis RY. CO Grand Central Station N. Y Messrs. J. P. Morgan & Co Charles F. Cox AVCO Lake Shore & Michigan Southern Railw United Traction and Electric Company Jersey City N. J Fegucion Sweetland Michigan Central Railroad CO Lake Erie & Western Railroad CO Canada Southern Railway Company American Woolen Company WM. H. Dwelly, JR Boston Mags Freeman Realty Co East Houston York City P. M Ben J. E. Cohen

California Banks First National Bank Pasadena 1906 Ledger

The document presents financial figures for First National Bank of Pasadena in 1906 with loans and investments 1 862 778 97 overdrafts 2 480 62 from other banks 790 203 46 cash and reserve 289 961 42 totaling 2 445 124 47 liabilities include capital stock 100 000 00 surplus and profits 146 055 78 circulation 100 000 00 deposits 2 099 368 69 totaling 2 445 424 47 names Ernest H May pres A K McQuilling W P R I Rogers cash S F Johnson asst cash A E Edwards asst cash

F. L. Leland Chris F. Tietjen V. P. Fred. Fowler V. P. Jas C. Brower Ernest H. May A. K. McQuilling

Philadelphia Prices Show Bearish Tone Amid Broad Market Slump

In Philadelphia June 25 market activity was weak with readings driven by arbitrage stocks. Reading and United States Steel led limited moves while Lehigh Valley and Electric Storage Battery fell. Fourth Street National Bank rose to a new high of 107. Trading was professional and sentiment bearish as commission-house business nearly halted with total volume around 27,181 shares.

Amalgamated Copper Reading Union Pacific Southern Pacific Brooklyn Rapid Transit American Smelting St. Paul Colorado Fuel United States Steel Anaconda New York Times Philadelphia Lehigh Valley Philadelphia Rapid Transit United Gas Fourth Street National Bank Cambria Steel Pennsylvania Mda Alesse Rot Aan Bamoris Ipg Voce Ons Electric Co. of Elec Erie Wc ccc En Ee Deveres Fourth St. Nat. Bank See & B. T. Pf Lehigh Valley R. R Mexican Central Penna. R. R Penna Phila. Electric Phila. Rap Che Ae Southern R. R Tonopah Mining Union Traction United Gas Imp

Bank of America declares 11 percent dividend in 1906

The Board of Directors today declared a semi annual dividend of eleven percent free of tax payable July 2 1906 to stockholders of record June 19 1906. Transfer books close until July 3 1906. W M Bennet cashier.

Bank OF the Manhattan Company New York The Manhattan Company D. H. Pierson Ssa Missouri Pacific Railway Broadway New York City A. H. Calef City OF S. Freeman Peoples Bank William Milne Bowery Dmund F. Swanberg Garfield National Bank Twenty-third St. & Sixth Ave W. L. Douglass Westinghouse Electric & Manufacturing Company T. W. Siemon Chatham National Bank Peyote East River National Bank Z. E. Newell Bank OF America W. M. Bennet

Also Mentioned on This Page

Steel Prospects Bright Wall Street Washington Standard Oil Company Pennsylvania Railroad Paris Cassatt Stock Exchange Gates Wasserman Shorts P Pacific Interborough Metropolitan Common Tennessee Coal and Iron Boston Stock Market Associated National Banks of Boston eeEe Bur. & Mo Reas Dom Il. Steel K B. Inc Ok Central M. G E. Cotton Western Ls Bethe Atchison Boston, Suburban Boston & Albany Boston & Worcester Bos. & Worcester Pf Edison Wa Swift & Co United Fruit Seles United Shoe Mach United Shoe Cowes Discasio Isle Royale Michigan Mont. C. & C. Redts Nevada North Butte Old Dominion POPOE Quincy Stevens Santa Fe Shannon Tamarack Winona Wolverine Wyvandotte Asooker Trust Oe Abilene Water Co Adirondack Home Telephone Co Albany Home Telephony Co Amherst County Ashtabula Water Co Atlanta Water & Elec. Power Co Atlanta Birmingham Batavia Home Telephone Co Bay Shore Union Free School Boone Gas Co Clearfield Bituminous Coal Corp Coucee-Watertors Home Telephone Co Corning Englewood Gas & Elec. Co Great Northern Paper Co Green Baysa Co Gulf & Chicago Hackensack Gas & Elec. Co Hackensack Gas Light Co Independent Union Telephone Co Johnson, Isaac G. & Co Jackson & Battle Creek Traction Co Leggett, Francis H., & Co Lumber Securities Co Marion City Water Co Mechanical Rubber Co Michigan Traction Co Naumkeag Street Ry Newburgh Orange Lake Ry N. Y. Belting & Beeing Co., Ltd Deboe Cab Co. Reg. Y East River Gas Co Jervis Elec. Light, Power, Gas & Ry. Co Retief Mining Co Rhinebeck Water Co Rosedale & Linden Ruby Basin Mining & Tunnel Co Schenectady Home Telephone Co Southern States Lumber Co Springfield Coal Mining Co Tennessee Lumber & Coal Co United States Packing Co Victor Fuel Co Vincennes Citizens St. Ry. Co Cuba Eastern Ry. Co. Car Trust John Munroe & Co Pine St Post Office Sq California Safe Deposit and Trust Company San Francisco California DAVID Walker J. Alzell Neahaa .V. Pres Gen. Mgr. Ww Bartnets Ees Ene Washington Trust Company Stewart Building Lington & Missouri River Railroad Company Nebraska New England Trust Company Burlington & Missouri River Railroad Company Devonshire Street Mass D. R. Whitney Dass Notheigg American Monthly Biew South Atlanta, Birmingham& Atlantic Railroad H. W. Poor & CO Wall St Congress St Tty Richards Ape Thesoth Reports OF National Banks New York County ANK Can Row Common South Side New York Exchange Black Mountain Chicago City Ry Chicago Edison Eaeebes Chicago Subway Chi Union Trac Diarmond Match Soeer Severeos Kan City Ry. & Light San Juan Harbor Mobile Ala Mobile City Mercantile National Bank First National Bank People’s Bank M. P. Inge American Telephone & Telegraph WM. R. Driver Pasadena Cal International Nickel Company Exchange Place Great Brit N British Linen Company Bank Threadneedle Street London James L. Ashley Merchants’ National Bank American Car and Foundry CO Preferred Capital Guaranty Trust Company of S. Dehano D. A. Bixby German Exchange Bank OLD Dominion Steamship Company E. E. Palen H. P. Doremus Cashier American Telephone & Telegraph Company Manhattan Trust Company WMR Joseph Bird Frank G. Stiles Constant M. Bird the Bowery Savings Bank William H. 8S. Wood Henry A. Schenck Walter Coggeshall Chambers St Board of Trustees Thomas M. Mulry John J. Pulleyn Metropolitan Savings Bank Opp Cooper Institute Jonathan B. Currey Edward Sherer Dry Dock Savings Institution Bowery, Cor Andrew Mills Charles Miehling WM. F. Patterson North River Savings Bank Samuel D. Styles Alexander C. Milne Frederick N. Cheshire 84Th Street Citizens’ Savings Bank Bowery, Cor. Canal Henry Hasler Henry Sayler Emil A. Huber NEW York Savings Bank N. W. Cor 14Th St Sth Avenue William Fellinger James L. Wandling Archibald M. Pentz Bank For Savings Fourth Avenue Board of Trustee William W. Smith Charles A. Sherman James Knowles W. H. B. Totten G. Byron Latimer Union Dime Savings Institution Sixth Avenue Greeley Square Charles Sprague Francis M. Leake William G. Ross American Car & Foundry ,Co American Car & Foundry Company Washington Street New Jersey American Hebrew Publishing Company Fifth Avenue Borough of City of New York Adolph Lewisohn Nathan Bijur
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