Wall Street Bears Hit Stocks Amid Varying Recoveries
The market saw heavy bear pressure on Amalgamated Copper St Paul Reading Union Pacific and United States Steel with sharp drops followed by partial recoveries. Analysts warn of a violent, extended rebound later as short sellers face mounting losses and brokers report firmer support from buyers. St Paul shows active speculative interest as the firm plans new financing from its treasury of unissued stock.
MENTIONED IN THIS ARTICLE
Mr. Lawson
Wall Street
Amalgamated Copper
United States Steel
Union Pacific
Reading
St. Paul
St.Paul
Pennsylvania
Steel
Bears
United States
Indiana
American Car and Foundry Reports Strong 1910 Earnings
The American Car and Foundry Company posts net earnings of 5.65 million for the year ended April 30, an increase of 1.89 million from the prior year. Dividends rise to 4.16 million, total surplus reaches 14.11 million, and orders on hand stand at 71,369 cars against 73,540 produced. Directors re-elected except J. L. Smyser, replaced by C. R. Woodin.
MENTIONED IN THIS ARTICLE
American Car and Foundry Company
Eaton
Chicago Subway Shares End Mixed After Morning Decline
Heavy pressure on the Chicago Exchange pushed Chicago Subway near record lows early today with a dip to about 40 1 4 in the Eastern market and 41 1 4 on the local board before a partial recovery into the afternoon. Diamond Match and North Chicago also weakened while Kansas City Light fell and United Boxboard avoided large moves amid a broad drift downward.
MENTIONED IN THIS ARTICLE
New York Times
Chicago
Chicago Subway
New York Stock Market Bee
Illinois
Subway
Kansas City Light
New York Exchange
American
Black Mountain
A. Booth & Co
Sgt. Louis Brick
Kansas City
National Biscuit
North Chicago
Quaker Oats
Swift & Co
United Boxboard
United Boxboard Pf
Bank of England weekly statement shows reserve shifts
London report reveals total reserve down 0.2 million pounds to 20,000, circulation up 0.65 million, bullion up 0, other securities up 1.82 million, other deposits up 1.905 million, public deposits down 0.115 million, notes reserve up, government securities unchanged, reserve stability at 47.44 percent up from 40.04 percent. Bank rate remains 3 percent. Bank of Bengal discount cut from 5 to 4 percent.
MENTIONED IN THIS ARTICLE
London
Bank of England
Bank of Bengal
Ceaveras
United States
Treasury
National Bank
Saeeee
Wabash Directors' Meeting Put Off
A Wabash Directors meeting scheduled for yesterday was postponed indefinitely after an inability to reach a quorum. Officials indicated the main financial plan details were not yet worked out and no formal action was planned at the session.
MENTIONED IN THIS ARTICLE
Wabash
Cotton Market and Weather Forecast for Cotton States
Weather outlook covers North Carolina through Oklahoma with clouds, showers, and cooler conditions across regions. Cotton market notes July notice day, futures quiet with slight gains, Liverpool activity, and expectations ahead of a Government crop report next Tuesday. Trading shows cautious stance, with bull and bear factors influencing prices and notices.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Georgia
Alabama
Florida
Mississippi
Ulslana
Texas
Oklahoma
Indian Territory
Arkansas
Tennessee
New Orleans
Reading
Liverpool
New York
Exchange
New England
Anshaser
Houston
Galveston
Bos
Carpenter, Baggot & CO
Grain and Provisions Market Report This Session
Wheat held near 8 cents for September with slight opening gains followed by immediate reversals. Foreign markets were irregular and cash New York prices remained nominal with No. 2 red at 93 cents elevator and 94 cents afloat, No. 1 Northern Duluth at 92¾ cents, and No. 1 Northern Manitoba at 91¼ cents. Corn declined on good weather and selling by commission houses, with a minor rally at close. New York cash No. 2 corn 60 cents elevator and 89 to 90 cents afloat, No. 2 white 60¾ cents, No. 2 yellow 60 cents afloat. Futures influenced by these trends.
MENTIONED IN THIS ARTICLE
United States
Texas
Oklahoma
Indian Territory
Kansas
Nebraska
Missouri
Illinois
Indiana
Ohio
California
Southwest
Oregon
Michigan
Mr. Jones
New York
Duluth
Manitoba
Liverpool
New York Firms Form Seven New Companies Daily
Albany reports incorporation of Utica Manufacturing Company with capital 100000 and board J O O Neill Ida O Neill C J Busick. American Agate Paper Company capital 50000. United States Dye and Polish Company 30000. Princess Roller Rink Company 30000. War Lab Patent Varnish Manufacturing Company 25000. J Freeman Company 10000. Edwards Realty Company 3000. Jenney's Magic Soap Company 10000. Astoria Development Company 5000. United States Portrait Company 1000. Poddell Company 1000. Volmer Realty Company 2500. O Conner Player Action Company 100000. Pneumatic Service Company 300000 with multiple directors named.
MENTIONED IN THIS ARTICLE
Albany
Utica Manufacturing Company
New York
Capital
J. O. O'Neill
Ida O'Neill
C. J. Busick
Brooklyn
American Agate Paper Company
J. M. Reed
G. C. Savage
J. H. Reynolds
Troy
United States Dye and Polish Company
C. A. Pinney
Pelham
S. W. Barquet, Jr
Mount Vernon
Barney
Princess Roller Rink Company
Rochester
G. M. W. Bills
William B. Plass
E. W. Ely
War-Lab Patent Varnish Manufacturing Company
B. Gross
M. Terker
M. Gross
Newark
The
Edwards Realty Company
J. C. Edwards
W. T. Hyde
H. J. Durney
Jenney
H. Arper
O. Gangemuiler
M. G. Hopf
United States Portrait Company
C. Kemp
M. Firkelstein
S. Arnold
Poddell Company
F. T. Poddell
J. H. We
E. V. Abbott
Volmer Realty Company
Isaac Fishman
Harris Pobiener
Samuel Furman
Oo’Conner Player Action Company
James O'Conner
Arthur Connon
W. G. Chittick, Jr
Pneumatic Service Company
Postal
W. E. L. Dillaway
John Shepard
Oakes Ames
A. S. Timpley
Boston
J. Keeney
O. O. Townsend
W. E. Barnard
Medford
Mass
Dividend Declared by The Market and Fulton National Bank
New York bank announces a five percent dividend on capital stock, payable after July 2, 1906, with transfer books closed until that date. T. J. Stevens, Cashier.
MENTIONED IN THIS ARTICLE
NEW York Savings Bank N. W. Cor
14Th St
Sth Avenue
THE
Bronx Savings Bank
Tremont
N.Y
Board of Trustees
William B. Aitken
William E. Stevens
Bowling Green Trust Company
Broadway
New York City
William M. Laws
New York
Calvert Brewer
Consolidated Traction Company
Newark
N. J
North Jersey Street Railway Company
J. P. Dusenberry
Havana Electric Railway Company
I Cc. W. van Voorhis
Bank OF America
W. M. Bennet
the Market
Fulton National Jana
T. J. Stevens
Associated Merchants Company
Hoboken
Bank OF New York National Banking Association
Chas. Olney
City OF
S. Freeman
Bank OF the Manhattan Company
Manhattan Company
D.H. Pierson
German Exchange Bank
Bowery
Edmund F. Swanberg
Garfield National Bank
Twenty-third St. & Sixth Ave
W. L. Douglass
Deree
National Butchers and Drovers Bank
WM. H. Chase
Fourth National Bank
City OF New York
Charles H. Patterson
Chatham National Bank
East River National Bank
Z. E. Newsaul
Hanover National Bank
Elmer E. Whittaker
American Woolen Company
WM. H. Dwelly, JR
Boston
Mass
Beaver St
N. Y
Congress St
Teziutlan Copper Mining & Smelting Company
Robert S. Towne
NEW York. and
NEW Jersey Telephone Company
Willoughby Street
Brooklyn
Henry Sanger Snow
General Rubber Company
First National Bank
Wall Street
John J. Watson, Jr
Albemarle
Norfolk
Albemarle & Chesapeake Canal Company
D.S. Burwell
Washingtos
Spokane
Washington
Henry M. Richards
International Selver CO
Meriden
Conn
American Exchange National Bank
Geo. M. Curtis
Bethlehem Steel Company
Harvey Fisk & Sons
Cedar Street
H. S. Snyder
Chicago Pneumatic Tool Company
National City Bank of New York
L. Beadsley
United States Realty & Improvement Company
B. M. Fellows
International Nickel Company
Exchange Place
Great Britain
British Linen Company Bank
Threadneedle Street
London
Board of Directors
James L. Ashley
Colonial Trust Company Mortgage List Summary
A historical notice lists multiple secured liens including the Buffalo and Lockport Railway Company first mortgage at 5 percent, Atlantic Avenue R R Co 5 percent first mortgage, Citizens' Water Supply Co 4 percent second mortgage, and Crystal Hygiene Ice Co 6 percent mortgage, with the Colonial Trust Company as holder.
Also Mentioned on This Page
Atchison
Southern Pacific
H. V. Jones
Watson & Co
Bank OF France
Paris
Eee
Treasury Balances
General Fund
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
Guardian
New Jersey Commercial Trust Company
Jersey City
Pennsylvania R. R
John W. Hardenbergh
WM. J. Field
Sec’y & Treas
KINS
Ye Treas
George W. Young
Robert 8. Ross
Richard Tennant
Sec’y
Cotton States
Web
Prev
San Francisco
Alta
Eeewe
Alpha Con
Con
Ascha
Andes
Ophira
Belcher
Overman Potosi
Best & Bel
Seeee Ae
Bullion
Savage
Caledonia
Sag Belcher
Sierra Nev
Union
Gould & C,ll
Hale & Nor
Julia Steeee
Tonopah
Belmont
St. Ives
Manhattan
Peeripe
Seston
McNamara
Dexter
Midway
L. Joe
Montana
Mustang
Homens
Gebeee
SeLeete
Adams
Bullfrog
Atlanta
Eosee
N. B
Sateen
Eclipse
Golasierd Als
Goldbar
Endall
Orig
Mohawk
Steinway
Red Top
Colorado Springs
Gardner_ & Co
Johnson
Acacia
Banner
M.M Gibson
C. C. Cons
la Nevis
Elkton
el Paso
Rose Maud
Portland
Findlay
Bose Nicol
Sovereign Ae
Isabella
Vindicator
Work
Jackpot Oe
Grain and Provisions
Bes York
Wea
Henry Siegel
Frank E. Vogel
Henry Siegel & CO
the Rap Store
SRA Ses
F. L
J. Freeman Company
Cigars and Tobacco
H.mece
Doblin G. Pinover
East River Savings Bank
Chambers Street
Ramsay
Charles A. Whitney
G&e Franklin
Franklin Society
Park Row
Beekman and
William Fellinger
James L. Wandling
Archibald M. Pentz
North River Savings Bank
Samuel D. Styles
Alexander C. Milne
Frederick N. Cheshire
West 34Th Street
Bet
5Th and
6Th Avenues
Citizens’ Savings. Bank
Bowery, Cor
Canal ST
Henry Hasler
Henry Sayler
Emil A. Huber
Irving Savings Institution
Chambers St
W. H. B. Totten
G. Byron Latimer
Greenwich
Trust Companies
Nntes States
Railroeds
Vera Cruz & Pacific R. R. CO
Rhode Island Suburban Railway Co
Rhode Island Suburban Railway Company
Messrs. Clark, Dodge & Company
Providence
C. A. Babcock
R. I
Buffalo & Susquehanna Railroad Company
F. A. Lehr
Fisk & Robinson
Cedar St
Toledo, ST. Louis & Western Railroad Company
Central Trust Company
Jas Steuart Mackie
Detroit Unifed Railway
Detroit United Railway First Consolidated Mortgae
Kean, van Cortlandt, & Co
G. H. Russel
Banks
United Copper Company
J . F. Augustus Heinze
Moses Ely
American Smelting & Refining Co
City
American Smelting and Refining Company
W.E. Merriss
Merchants’ National Bank
Cashier
GEO. C. Flint CO
West 23Rd Street
Ethelbert Belknap
Seaboard National
BANK
Albion Power Co
Cattaraugus
Cincinnati
Daytona & Toledo Traction Co
Cleburne
Coshocton Gas Co
Dallas
Dayton
Board of Education
City of East Randolph
Franklin County
Hendersonville
N. C
Hubbard City
Jefferson
D. S
Johnston Land Co
Lincolnton
Luckey
Pittsburg
Marion County
Tex
Meridian
Miss
Morganton
New Albion
Ocala
Fla
Olean
Buffalo & Susquehanna R.R
Dutt & Ship Island R. R
Keystone Telephone Co. of
Phila
Kansas City Viaduct
Colonial Trust Company
Atlantic Avenue R. R. Co
Buffalo & Lockport Ry. Co
Mge
Brooklyn, Bath & West End
R. R. Co
Connecticut Railway & Lighting Co
Confectioners’ Manufacturing Co
Mtge
Citizens’ Water Supply Co
Crystal Hygiene Ice Co
Corning Gas & Elec. Co
Des Moines
Iowa Falls
Hygiene Ice Co
Dawson Railway & Coal Co
East Side Electric Ry. Co
Rock Island Ry. Co
Elyria, Grafton & Southern Ry. Co
Findlay Home Telephone Co
Hyde Windlass Co
the Hutton Co
Indianapolis Northern Traction Co
Interocean Telephone & Telegraph Co
International Steam Pump Co
Lake Shore Elec. Ry. Co
Lorain & Cleveland Ry. Co
Meriden, Southington & Compounce Tramway Co
Sterling Dyeing & Finishing Co
Tannersville Water Co
U. S. Finishing Co
Utah Light & Power Co
U. S. Telephone Co
Simpson Securities Co