Financial Markets Review of Stocks and Bonds
The report notes stock and bond activity with June 26 figures. Stock transactions show year to date totals and prior year comparisons for individuals like Ted and Peter, while bond figures include year to date totals and prior year totals. Money rates are listed for collateral loans on call and various maturities with percentages. Net changes highlight several stocks and bonds with small percentage movements.
MENTIONED IN THIS ARTICLE
Ted F Eee Weet
Peter Ace
Market movement shows mixed activity on Wall Street
Stocks swung by as much as a point yesterday with about 290000 shares traded. St Paul led activity with nearly 75000 shares, while Missouri Pacific gained over a point on around 27000 shares. Pool involvement by George J Gould and John D Rockefeller Jr driven moves in scule ter and Union Pacific. Southern Pacific tied to Union Pacific plans. overall brokers report dull offices and limited trading as pros pursue small profits, with no clear direction.
MENTIONED IN THIS ARTICLE
St. Paul
Missouri Pacific
Southern Pacific
Union Pacific
St Paul Directors Meeting Boosts Stock Before Clarification
The St Paul Directors announced an afternoon meeting and hint of an important statement. Traders pushed St Paul stock up nearly two points to a multi month high as shorts covered on the gain. After adjournment there was no statement to issue and only routine business discussed. The system’s earnings remain gratifying.
MENTIONED IN THIS ARTICLE
St. Paul
Missouri Pacific Tip Fails to Deliver in Day Trading
Early in the trading day Missouri Pacific was touted to rise sharply, with shorts squeezed and a strong move expected in the final fifteen minutes. The stock advanced briefly but faced long stock selling, then steadied before the close, ending up 1 1/2 points on 26,000 shares. Gould interests remain optimistic about the system's future.
MENTIONED IN THIS ARTICLE
Missouri Pacific
Gould
Rains Break Texas Drought Boosts Cotton Prospects
Reports confirm rains in Southern Texas ending a weeks long drought. Official forecast predicts continued rain tonight and tomorrow across the state, aiding crops especially cotton, with Cotton Exchange prices easing. Texas Pacific stock shows strength on the Stock Exchange.
MENTIONED IN THIS ARTICLE
Texas
Cotton Exchange
Stock Exchange
Texas Pacific
Wall Street Reads Reports of Hrio and Ontario and Western
Wall Street shows elevated interest in yesterday published reports concerning Hrio and Ontario and Western, with investors noting potential impacts on stocks and rail operations. The items draw attention to the two companies' earnings outlooks and regulatory developments.
MENTIONED IN THIS ARTICLE
Wall Street
Hrio
Ontario
Coal strike impacts May figures across rail lines
For May, Ontario and Western show a gross drop of 122 760 and net decline of 78 407, while Erie logs a gross drop of 320 240 yet a net rise of 6 400. The Erie gain stems from a nearly 327 000 cut in operating costs, marking an eleven month net increase of 1 844 330. Coal stocks moved irregularly yesterday with better buying than selling.
MENTIONED IN THIS ARTICLE
Ontario and Western
Erie
Grass Twine Company Elects New Directors at Annual Meeting
Jacob Rubino and Robert H Tod elected Directors of American Grass Twine Company succeeding Herbert Myrick of Springfield Massachusetts at the annual meeting. The fiscal year will end December 31 instead of May 31 with annual meetings on the first Tuesday in March. Quick assets exceed liabilities by 1,000,000 and treasury stock has been sold at 60 a share. Entire 15,000,000 capital stock now outstanding. Grass Products Company promoted with 1,500,000 capital to build Glendale Saint…. Grass Products to receive 1,200,000 in Grass Products stock for using American patents.
MENTIONED IN THIS ARTICLE
Jacob Rubino
Robert H. Tod
American Grass Twine Company
Herbert Myrick
Springfield
Mass
Treasury
Grass Products Company
Glendale
S. 1
Market Ends With Broad Gains Amid Mixed News
General stock market rose across most issues though dealings stayed restricted. Strong crop news spurred Granger shares while Southern Railway and Louisville and Nashville posted higher earnings. Copper Trust and Sugar shares moved notably, with Sugar showing initial gains but later decline. Western Union fell on news of a new contract between Pennsylvania Railroad and Postal Telegraph.
MENTIONED IN THIS ARTICLE
Chicago and
Eastern
Tinion Pacific
Atchison, Rock Island
Northwest
Canada Southern
Granger
Southern Railway
Louisville and Nashville
Southern
Boston
Steel Trust
Western Union
Pennsylvania Railroad
Pennsylvania
Payments for new gold reach Sub-Treasury total
The Sub-Treasury, having not yet paid for Klondike gold heading to the Pacific Coast, disbursed $294,000 yesterday for incoming gold. San Francisco gold accounted for $264,000 and Seattle gold for $30,000.
MENTIONED IN THIS ARTICLE
Sub-Treasury
Klondike
Pacific Coast
San Francisco
Seattle
Steel Foundries Organized Under New Jersey Laws
The American Steel Foundries Company, formed recently, was organized yesterday under New Jersey laws with 20 million dollars of authorized capital stock split between cumulative preferred and common shares. Only about 15.5 million preferred and 15 million common stock will be issued to pay six subsidiaries and add cash working capital. the rest stays in treasury for future cash or property value. The firm plans to take control around July 15. The announcement notes plant owners accepted stock instead of cash, reducing cash needs and avoiding underwriting, with guarantees by C. M. Schwab E. H. ary and Max Pam.
MENTIONED IN THIS ARTICLE
American Steel Foundries Company
New Jersey
Messrs
C. M. Schwab
E. H.ary
Max Pam
New Directors Elected At American Car and Foundry
At the annual meeting American Car and Foundry elected W. G. Oakman Thomas H West Adolphus Bush and H R Duval as new Directors The retiring Directors were George Hargreaves L J Cox F E Canda and C R Woodin The other Directors were re elected A report that a consolidation with Pressed Steel Car Company and two or three others had been discussed was officially denied.
MENTIONED IN THIS ARTICLE
American Car and Foundry Company
W. G. Oakman
Thomas H. West
Adolphus Bush
H. R. Duval
George Hargreaves
L. J. Cox
F. E. Canda
C. R. Woodin
Pressed Steel Car Company
Toledo Traction Stock Listing Sought by Railways and Light Co
Application filed with the Stock Exchange to list 12 million dollars in capital stock of the Toledo Railways and Light Company. The firm, once part of the Everett-Moore Syndicate, was recently acquired by New York capitalists led by Kean Van Cortlandt Co.
MENTIONED IN THIS ARTICLE
The
Stock Exchange
Toledo (Ohio
American Railway Switch Buys Six Acres Near Depew
Buffalo dispatches report the American Railway Switch Company has purchased six acres of land near Depew for a new plant. The deal signals expansion in the regional rail infrastructure sector and may create local jobs as construction proceeds.
MENTIONED IN THIS ARTICLE
Buffalo Dispatches
American Railway Switch Company
Depew
Baltimore syndicate plans 75 mile railroad extension to Pamlico Sound
A Baltimore syndicate proposes extending the Suffolk and Carolina Railroad seventy five miles to Pamlico Sound with branches to Eden town and Elizabeth City in North Carolina.
MENTIONED IN THIS ARTICLE
Baltimore
Suffolk and Carolina Railroad
Pamlico Sound
Edentown
Elizabeth City
N. C
American syndicate seeks Peking to Niu Kiang railway concession
Reports from Victoria British Columbia state an American syndicate with capital of 20 000 000 taels has applied for a concession to build a railway from Peking to Niu kiang China. The group is understood to be planning a 1 250 000 traction system for use with Westinghouse Electric and Manufacturing Company equipment.
MENTIONED IN THIS ARTICLE
Victoria
B.C
Peking
Niukiang
China
Ing
Christ Westinghouse Electric
Newmed
Directors of Merchants Trust Company declare stock fully paid
Dispatches from Kansas report that Swift Packing Company and the Kansas City Mexico and Orient Railway plan stock yards at Harlem across the Missouri river.
MENTIONED IN THIS ARTICLE
Merchants’ Trust Company of
Philadelphia
Kansas
Money Rates on Call and Time Money in Market
Money on call mostly 2 to 3 percent with most loans closing at 2 and 3 percent. Time money quoted at 4 and 4.5 percent for sixty to ninety days and four to six months. Mercantile paper rates listed around 4 1/2 percent.
MENTIONED IN THIS ARTICLE
Mercantile Paper
Exchange rates and UK and continental currencies quoted
Clearing House figures show exchanges at $227,435,981 with balances of $12,784,740 and a Sub-Treasury debit of $297,226. Morey on call in London at 2% per cent. discount. foreign exchange eases slightly with posted sixty day at 4.86 and demand at 4.8814. Continental bills quoted francs, reichsmarks, guilders with small premiums and discounts. various domestic centers show premiums and discounts for bills and telegraphic sight.
MENTIONED IN THIS ARTICLE
Clearing House
Sub- Treasury
Morey
London
Reichsmarks
Guilders
New York
Chicago
Boston
New Orleans
Charleston
Savannah
San Francisco
Paris Market Report Sees Mixed Activity On Quiet Day
Paris notes a steady yet mostly inactive session as London markets closed. Spanish 4s show demand, routes and kafirs steady with favorable King Edward health reports. Three per cent rentes at 101f 72.4c account. London exchange 251 174c for checks. Spanish 4s close at 81.73.
MENTIONED IN THIS ARTICLE
Paris
London Stock Exchange
Edward
Exchange
London
Market notes from Berlin and London June 26
Berlin prices were heavy with internationals steady and banks dull Transvaals weaker Italians and Spaniards firmer London exchange at 20 marks 47 pfen nigs for checks Short bills at 1 percent and three months bills at 214 percent Gold premiums listed for Buenos Aires Madrid Lisbon Rome and other cities by London officials
MENTIONED IN THIS ARTICLE
Berlin
Transvaals
London
Ae Buenos
Ayres
Madrid
Lisbon
Rome
Bank of Germany weekly statement shows mixed changes
BERLIN June 26 The Imperial Bank of Germany weekly statement lists cash in hand up 17 020 000 marks treasury notes up 180 000 marks other securities down 3 640 000 marks and notes in circulation up 16 980 000 marks.
MENTIONED IN THIS ARTICLE
Berlin
Imperial Bank of Germany
Treasury
Bank of France weekly statement shows mixed asset shifts
The Paris Bank of France report for the week indicates notes in circulation fell by 9 350 000 francs while treasury accounts rose by 37 725 000 francs and gold on hand increased by 4 250 000 francs. Bills discounted climbed by 108 273 000 francs and silver on hand grew by 1 650 000 francs.
MENTIONED IN THIS ARTICLE
Paris
Bank of France
Treasury
Bullion and Mining Prices and Market Quotes
London gold settles at 24½d per ounce while New York quotes 52c. Mexican dollar at 4.24 and 4.31 cents. Consolidated Exchange trades include Breece at .70 and Iron Silver at .85, Isabella .30, Little Chief .13, Mexican .50, Ophir .05, Potosi .23 among other listings.
MENTIONED IN THIS ARTICLE
London
New York
Consolidated Exchange
Breece
California
Virginia
Pane
Potosi
San Francisco
Alta
Alpha
Andes
Belcher
Best & Belcher
Cal
Imperial
Gould
Julia
Justice
Kentucky
Lady Washington
Ophir Eee
Overman Cep
Weretase Eneressenere
St. Louis
Ee Union
Utah
New York Times
Colorado Springs
Col
Gardner & Co
Battle Mountain
Fanny Rawlings
Keystone
Lexington
Little Bessie
Mollie Gibson
Moon Anchor
Mary Cashen
New Haven
Renee
Pinnacle
Eereeeeenee Setae
Wena
Tor
State Banks Report Sharp Decline in Resources
Albany June 26 Superintendent Frederick Kilburn of the State Banking Department released the banks of state showing resources and deposits down since March 12. Total resources fell from 395,324,626 to 363,038,711 a drop of 32,285,915 with deposits decreasing 28,764,071 and surplus down 723,973.
MENTIONED IN THIS ARTICLE
Albany
Frederick Kilburn
State Banking Department
Iinet
Pean Senna
United States
State of
New York
Wobcke Told To Leave Consolidated Exchange Firm
R H Wobcke a member of the Consolidated Exchange firm Theodore S Meyer Co was ordered yesterday by the firm managers to sever ties The stated reason unsatisfactory trading methods circulated that the firm name resembled Theodore Meyer Co of the Stock Exchange Meyers brother Arthur L Meyer is linked to Webb Meyer syndicate Wobcke had partnered with Theodore S Meyer in January Their offices were at 52 Broadway The move mirrors a prior NYSE action against Charles Stokes and Carley Stokes Co with Francis Carley linked to the Monetary Trust and Stokes leaving immediately
MENTIONED IN THIS ARTICLE
R. H. Wobcke
Consolidated Exchange
Theodore S. Meyer & Co
Stock Exchange House
Theodore Meyer & Co
Wobcke
Theodore S. Meyer
Mr. Stokes
Shipyard Combine Capital Increase Still Under Review
D L R Dresser of the United States Shipbuilding Company said yesterday that the capital of the company had not been increased but that an increase was under consideration. He refused to discuss possible amounts. A published report claimed the increase could total 25 million dollars.
Chicago Quotations and Swift & Co. Stock News
New York exchange quoted at 25 cents premium with time and call loans 4.5 percent. Local stock trading dull with little change. Swift & Co. stock sold at 124 soon after opening, about four points below yesterday, amid curb demand spurred by unconfirmed reports Armour & Co. takeover of Anglo-American Co.
MENTIONED IN THIS ARTICLE
Chicago
New York Exchange
Swift & Co
Anglo-American Company
Armour & Co. Have
Packing firm deals hint at divide among giants
Secured control of the Omaha Packing Company suggests two large firms will split Fowler Brothers holdings. Swift & Co. already dominates Libby, McNeil & Libby and major stockyards. Armour and Swift build in Fort Worth while sharing East St. Louis stockyards with Nelson Morris. The Cudahys and Hammond firms also run multiple plants.
MENTIONED IN THIS ARTICLE
Omaha Packing Company
Fowler Brothers
Swift & Co
Libby, McNeil & Libby
Chicago Packing Company
St. Joseph
Sioux City
Armour and Swift
Fort Worth
Texas
Nelson Morris
S. Louis
Cudahys
Hammond
American Can
American Shipbuilding P
Chicago Title Trust
Chicago City Railway
National Biscuit
Chicago
Chicago Canal & Dock
Lake Street
National Biscuit Pf
Northwestern Elev. Pf
West Chicago Railway
Swift & Cos
Boston stock market steady as copper stocks lift tone
Boston June 26 There is no change to record in the money market Clearing House rate 3 percent New York funds 5c premium call loans 3 to 4 time money 4 to 5 Clearing House exchanges 17 556 091 balances 1 486 324 The copper stocks were distinctly stronger today under the head of Amalgamated and the market in general was better in tone The close was very firm Complete transactions were as follows.
MENTIONED IN THIS ARTICLE
Boston
New York
Amalgamated
New York Times
Philadelphia
Philadelphia Rapid Transit
Philadelphia Company
United Gas Improvement
Indianapolis Street Railway
Ost
Mercantile
H. Low
American Railways
Cambria. Iron
Cambria Steel
Lake Superior
Catawissa
M. & St. Paul
Diamond State Steel of
Io Elec. Co. of America
Hunt. & Op Ee
Hunt. & B
Indianapolis Street
Lehigh Valley
Lehigh Navigation
Minehill Company
Pennsylvania
National Asphalt Mat
Philadelphia Electric
Philadelphia ‘Traction
Philadelphia Rap
Reading
T. c
Iron & Steel
Southern Railway
St. Louis Southwestern
Union Traction
United
Outside Securities Show Mixed Action in Outside Market
A sizable set of stocks traded in the outside market yesterday with modest totals overall. Northern Securities and a few recently active issues led gains while most listings moved little. The eight point drop in United Railways Company of San Francisco bonds weighed on sentiment and trading ceased for San Francisco group issues.
MENTIONED IN THIS ARTICLE
Northern Securities
United Railways Company of
San Francisco
Closing quotations for government bonds and stocks
Closing quotations list prices for various government bonds and stocks with many entries showing fractional or odd figures. Names include Consol Coal, Detriot United Ry, Pullman, Kan & 41, Westinghouse, and Westinghouse. The odds suggest no transactions in certain items and mixed bid and asked statements.
Also Mentioned on This Page
the Financial Markets
Stock Transactions
Ice
West
Union
Chi
Eh & SL
N. Y
N. H
St & W
Stand
Shige Calope
Ilowa Centra Anaconda
M. Aeeeeere
Neesaee
Ohio
Canada South
Nash. C. & St
Canadian Pacific
People’s Gas
B. Ill
E. Ill
St. L
S. F
St. P Setae
Wee c & N Weekese
Sloss-Sheffield
RI & Pac
Southern Ry
Cole- H.-C & Desa
Texas & Pacific Seeeee Consul
Ceeeees
Den
R. G
City Gas
Union Pacific Ee
Commission House
CAR and Foundry Directors
Toledo
Money and Exchange
Bank of Germany
Bank of France Statement
Bullion and Mining
State Banks’ Statement
Boston Stock Market
Igh
Atchison
Wisconsin Central Pf
Tel
New England
United States Steel
United States Steel Pe
Lu Satcagiqn
Creeseescees
Ascheia Ae
Calumet
Heds
Mercureet Aie
Daly West
Cseceeveses
Dominion Coal
Isle Royale
Secseeess Yi
Quincy
Srannon
Trimountain
Trinity
C.s.s
United States Oil
Winona
British Columbia
Seaboard
Atlantic Coast Line
Atlantic C. L
Consolidated Gas
Canton .Company
B. S. Brewing
Electric L. & P. Pf
United Railways & E
Maryland Casualty Seeeere
Old Town
Howard Bank
Seaboard Ry
Elec. Inc
United Rys
Guy & S
Wash
Potomac Ry
tinitea Wiede_P
Cgbs. Brewing Ist
G. B. S. Brewing Inc
Pittsburg Transactions
Pittsburg
United States Steel Pf
Crucible Steel
Crucible Steel of
Esseeee
Amer
National Fire Proof
National Fire Proof Pf
Pittsburg Coal
Traders & Medh
Commonwealth Trust i
River Coal
Mon
Phila, CO
Westh
Elec
Colonial Trust
Weeee
Real Estate Trust
Pittsburg Brew
Outside Securities
Mount Morris Bank Ptock
Trust of the Republic
Kirby Lumber Company
Houston Oil Company
Houston Oil
Neree Company
Hide & Leather
Hide & Leath
Light & Traction
Light & Trac
Bay State Gas
California Copper
Camden Land
Central Foundry
Gold Hill
Greene Cons
Hackensack Meadows
Havana Commercial
Havana Commercial Pf
Manhat
W. i
Mine Securities
Montreal & Bost
N. Eng. Transportation
Royal Bak. Pond
Sa Se
Standard Oil
Syracuse Lighting
Tennessee Copper
Trenton_ Potteries
Union Copper
United Copper
Eae
UN. Gas & el
N. Ss
N. J
Rys
St. L. Pf
Universal Tobacco
Iron, Coal & Coke
Honda
Detroit
AN. E. Gas & Coke
S. Steel New
American Tobacco
Borden
British Exchequer
Camden & Trenton Ry
entral _Fireworks
Central Fireworks
Champion Mutch Aeeeere
Chie
Peo. & St. L
Rubber Tire Stern
Rubber Tire
Son
Consolidated Tobacco
Continental Tobacco
Distil. Co. New Stock
W.i
Dominion Securities
Cooee Ce
Saleen” Ee
Impire
Quicksilver
Mpire Steel
Aennene
Erman
Apnational Power
York
Lum
Ae O
Dec
Evansv
I Bess
Lake Erie
Louis Transit
Ooard Air Line
Seaboard Air Line
Simpson-Crawford
South, Light & Tr
Eewaee
Seeereres
tefft-Weller
Weewee Ae
Trenton Potteries
Union Typewriter
Enna
Tinion Typewriter
Virginia I., C
Brooklyn, B
Brooklyn, B. ._E. 58.102 — Brooklyn City R R
Medoart Centre Park
Ph. N
Wrens Sas
Columbus Railway
Con. Traction of
N. Con
Eighth Avenue Railroad
M.& St.n.av
Geanue R. R
North Jersey
St. He
Jersey
St. W
San_Francisco
San Francisco A
Sec
Av. R. R. Concels
Sixth Avenue R
Steinway R.R. Co. Ist
Syracuse Rapid Transit
Syracuse Rapid Art
Toledo Ry
Union Railway
Ry. & Electric
Ry. & Electric Pf
American Light & Trac
Hak Amer
Light & Tr. Pf
Buffalo Gas
Buffalo Gas Pf
Neha
Central Union
Columbus
Newark
Denver
Denver Gas
Indianapolis
Sear
Mass. Gas Cos
Mass. Gas Cos, Who Was MU My Mass. Gas Cospf
New Amsterdam Gas
New Eng. Gas & Coke
N.Y. & E.R. Gas Co
N.Y. & E.R. Gas Co. Con
Northern Union
St. Joseph (Mo
Wess
St. Pauli Gas
Standard Gas
Sika Syracuse Lighting Pf
Silvesveese
Cans Gas Gas & E. of
Treasury Balances
Washington
General Fund
Eeenee Treasury
Eeerge Aeesee
Euteeee
Ghia
Total
Aia
Great Western
Evansville & Indianapolis
Evansville & Terre
Louisville & Nashville
Nash
Chat
St. L. T
Chesapeake & Ohio
International & Geestones
Kanawha & Micer
NEW York Stock Exchange
Smallon
Minn St Ry
Adams Express
K &T
Top
Santa Ato
Rime Pac Trust
Cere
Me & St L
Y. Cent
Ewes River
L S
Col Balt & Ohio Gould
Ac Scout
Aso
B&g Cbi
Penn
Eading
Jers
M & South
Setoto
V&n
South Ist
Consol Tob
Sanaee Asso
Rio
Texas & Pac
Col Trust
Penn Col Trus Union Pac
South
U S
Louisville
Nashv
Minn & St List
Clevie
D. S
Com. Cable
Consol. Coal
Det
UN. Ry
Toltet & Ok
Kan
K. C. Bol
Pullman "Co
St. Spr
Sar
Zio W. & C
R. T
Vu. S
Cee U. Ss. L. Pf
W.F
Westinghouse Wa
King. & P
G. Pf
Lake Shore
Long Island
Man. Beach
Adams
M. El-R.& Hi
Pf A
Vanna
A. L. Co
A. M. Co
M. Pfee
Am. Snowft
N. Cent- C
W Co
W. Co
M. Ist
Bruns
City
Dock
Wera Kgs Soo
Seach Sa
Butterick Co
Rth
T. Min
Ec. Const
Chi St. P
Margre M & Om
T & Ft
F. Pe
Azsel