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Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jun 03, 1909

Page

14

Market News from London and U.S. Financials Brief

Financial wires describe London stock activity with Harriman shares and American discounts steady, plus notes on Bank of England rate expectations. Dividend declarations flow from major firms including American Tobacco, American Smelting, Thompson, J H Dunham, Atchison Topeka Santa Fe, American Snuff, Rubber and many others. Iowa Central sells a 5 percent equipment bond issue. Copper prices rise with July contracts. Bank clearings for May show strong gains overall. Iron market remains active with basic iron leading, rails and equipment orders growing. Foreign crop conditions show varied results with Punjab yields up. Argentina seeks rain. Russia hot. France improving. UK and Italy dry. Southern Railway April earnings rise. Sloss-Sheffield quarterly earnings at 3 percent on common. Cotton trade signals improved southern demand.

London Harriman Pewperican Miloney Bank of England American Tobacco Company American Smelting and Refining Oes Thompgeettt Company J. H. Dunham Company Atchison, Topeka & Santa Fe American Rubber Gands Manufactor Company Jake Now Rangiough R. G. Dun & Co United States Philadelphia Pittsburg Middle Atlantic Scranton Reading New England Boston Worcester Chicago Kansas City South Southwest Pacific Coast Rogers, Brown & Co Broomhall Punjab United Provinces Argentina Australia Russia Rumania Bulgaria Turkey Hungary Budapest France Germany Spain North Africa United Kingdom Italy Southern Railway Sloss-Sheffield Sloss-Sheffield Steel and Iron Company

Coffee and Cotton Markets Show Mixed Activity in New York 1909

General Market Report from New York on June 2 1909 covers coffee and cotton. Coffee sales totaled 8500 bags with prices steady to slightly higher amid near term firmness and bullion influence. Cotton saw early nervousness but finished firm with notable gains in July and mixed moves across months amid weather signals and private condition reports.

New York Hamburg Mer Mar New Orleans Honday New York Produce Exchange Kansas Chicago Kentucky Texas Oklahoma Nebraska France Germany Hungary Budapest Berlin Liverpool Bradstreet Montreal Duluth Iete

Market Report on Beans Butter Cheese Eggs and Produce

Country produce markets show steady prices for foreign beans and high costs for domestic white beans while exports ease. Scotch peas, butter with creamily rising prices, cheese gains and eggs lower on strong supplies. Fruits, fresh produce and poultry mixed. milk prices cut due to surplus. large livestock receipts with steady milch cows and solid calf demand. Local and London markets cited with varied receipts and price movement.

London Liverpool Cabie New Pennsylvania Baldwin Ben Davis Florida Upper Jersey Lower Delaware Maryland Porto Rico Pacific Oregon California New York State Pacific Coast Son

London metal markets and US price trends observed

The London tin market was unchanged with spot at £131 17s 6d and futures at £133 2s 6d. Locally dull tin and copper mixed. copper futures eased while local prices firm. Lead declined in London but steady locally. iron lower in London, local firm. Molasses and syrups steady, cottonseed and linseed oils varied. Provisions firm with hog receipts and bullish stats. pork and beef ranges noted. Sugar markets mixed with refined sugar flat locally, US port movements showing weekly stock shifts.

London Northern New York Produce Exchange New Orleans New York Philadelphia City Calcutta Chicago Kansas City Omaha FPORK India South America Brazil Keys Ordly Japan Patna Java Onmc Rangoon Siams Gitec Muscovado Riée Cuba Willett & Gray United States

National Railways of Mexico Coupon Bonds Offer

24000000 National Railways of Mexico Coupon Bonds of 1000 and 500 with privilege of registration as to principal. Fully registered bonds re exchangeable for 1000 coupon bonds. Principal and interest payable in New York gold, London Sterling, Germany Reichsmarks, France and Switzerland Francs, Amsterdam Guilders, Mexico City Gold Pesos. No tax deduction under US Mexico laws or New York rules.

New York United States London Germany Reichsmarks France Switzerland Amsterdam Mexico City United States of Mexico United States of America

Stockholders Offered 4 Per Cent Convertible Bonds at Premium

By order of the Board of Directors holders of Common and Preferred Stock may subscribe at 104 percent plus accrued interest for 4 per cent Convertible Gold Bonds of the 1909 issue. Subscriptions run July 20–22, 1900, equal to 12 per cent of holdings as of June 1, 1909, underwritten. bonds mature June 1, 1955 and are convertible before June 1, 1918. Subscription price is $1,040 per $1,000 bond with staggered payments and accrued interest. Warrants and details will be mailed to stockholders.

D. P. Bennett, Esq National Railways of Mexico Mexican International Railroad Cocspags Wer Central Trust Company of New York Trustee Company Limited National Railroad Company of Mexico Mexican Peace Coenen Railway Eee Can Central Railway Company Limited Po Pan Enerecheetuane National Railroad Company Mexican International Interoceanic Canes National Railro i¢ Companies Company Omer Board of Directors

Live Stock Prices and Receipts in City Market Report

Moderate receipts kept prices steady across cattle hogs sheep and lambs. Veal and calf prices ranged with city dressed veals around 6 13e per pound and calves at 13ac. sheep and lambs showed steady demand with common to choice sheep at 4 86 per 100 pounds and lambs around 8 50 to 9 62 per 100 pounds. hogs at 7 49 to 7 60 per 100 pounds with select lots at 7 60.

New York Jersey City London Cables Majestic Southampton London Andrew Mullen

Chicago market summaries and cattle hog lamb prices

Chicago and Cincinnati market briefs show receipts estimated for cattle hogs and sheep with price ranges. Cattle steer and cow values vary, hogs trade around 7.40 to 7.55 for choice heavies, sheep and lambs report mixed gains and declines amid broad activity across multiple markets.

Market Mixed as Southern Cattle Prices Edge Down

Receipts light and prices mixed as Southern cattle show softer demand. Steers bring about 5 to 10 dollars lower, cows down to mid six dollars, calves around 7 to 7.25, heifers near 4 to 4.50, and hogs easing with prime at about 7 dollars. Local reports note market steady to lower with light demand and several price points across grades.

Chicago Cincinnati Aires Buffalo Jane Dairies Lam Ress

European Produce Market Ledger Summary

European produce market notes Western winter is nominal while July futures show quiet activity. Prices for corn, peas, hops, beef, pork, lard, cheese and linseed remain firm or steady with several items showing strength. regional variations appear in London and Cumberland markets.

Liverpool Galveston London Strom Pelle Tepes Wendy

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