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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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 Financial leaders warn capital has withdrawn from stock investments amid congressional and state uncertainty, while sympathy for administration actions fuels cautious sentiment and persistent weakness in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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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