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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jun 06, 1901

Page

4

Irregularities in Ahlavy stock trading markets

Closing prices yesterday of principal active securities and net changes from Tuesday's final quotations appear in markets news. Foreign money rates show London call money at 2 percent while Berlin and Paris rates are noted with exchange figures. Gold premiums in Madrid and Lisbon are listed along with British and French securities and bond quotes.

Irregularmarket swings accompany gains in securities trading

Prices showed irregularities but closed with most issues higher than Tuesday. Bullish sentiment favored prime industrials and cheap rail shares, with notable activity in American Car and Foundry stock. Atchison common rose on speculative demand while coal and some railroad shares declined on profit taking. Rock Island announced extra capital and premium trading for rail assets.

Commission House Atchison Common Atchison Morgan Hill- Morgan Pennsylvania Rock Island Little Rock Island Missouri Pacific Union Pacific Wisconsin Central Car and Foundry Preferred Pressed Steel Car Company

Government Bonds Market Steady With Various Notations

Market shows steady bids and asks with final notations for multiple U S government securities including 4s of 1925 and 2s of 1930, and several 3s and 4s. Railroad bonds firm with $3 427 500 par value traded, led by Atchison issues and others like Baltimore and Ohio 3 1/2s Central of Georgia 5s and Union Pacific 4s in heavy activity.

T.S U.S Atchison Baltimore and Ohio Central of Georgia Central Pacific Colorado Midland Erie General Fort Worth Denver City Missouri, Kansas and Texas Northern Pacific Reading General Rio Grande Western St. Louis OOA T&s F Balt & Ohio Pat Cove & P Nor & W Rio G West Ist Opty Do Ist Inc L& i Mt Gen da Inc Ba Inc Dom Seno Do M & Pe Mek Do Inc Tan Pé& W Mexas & Pac Toonan

American securities abroad market closes strong in London

The market for American securities opened lower butrose through the day and closed strong. Notable closes include Atchison 94 1 2 percent Canadian Pacific 178 Erie 45 1 2 New York Central 163 United States Steel 102 and United States Steel first preferred 101 Anaconda 16 Trunk 11 1 2.

London Atchison Canadian Pacific St. Paul Illinois Central Louville Nashville Union Pacific New York Central Erie Reading I. Ern Pacific Anaconda United States Steel

Money Market and Foreign Exchange Rates Report

Money rates show call money at 3 3 percent with a ruling rate. Time money at 3 3 3 2 percent for sixty days and 34 4 percent for three four and six months on railroad collateral. Commercial paper 3% 4% for three four six months for the best names. Foreign exchange market firm with actual closing rates for cables and bankers posted rates across sixty days and various currencies. domestic exchange on New York and other major markets listed with discount and premium figures.

New-York New-Orieens San Francisco

Treasury condition at start of business today

The condition of the Treasury divisions of issue and redemption at the beginning of business today was reported from Washington on June 5.

Washington Treasury

Wall Street Trading Mixed in Quiet London Market

London remained inactive in the local market while arbitrage houses handled about thirty thousand shares evenly split between sales and purchases. Foreign houses showed good demand for steel stocks. Loan quotations listed several shares including Atchison common and preferred, Northern Pacific preferred, Rock Island 2, Chicago Burlington and Quincy, People's Gas, General Electric, Missouri Pacific, New York Central, Northwestern, Southern Pacific, with transitions noted among leading issues.

London Atchison Common Northern Pacific Rock Island Atchison Chicago Burlington and Quincy People’s Gas General Electric Missouri Pacific New York Central Northwestern Southern Pacific

United States Steel stocks attract steady buying and futures demand

The United States Steel common and preferred are being accumulated by leading operators with the common stock slated for higher prices. Keene focuses on these issues as orders remain fully booked through year end. London trading mirrors strong demand and arbitrage potential. Frank Russak, ex-Russak Brothers, is said to be seller of a $60,000 seat on the stock exchange.

St. Paul Union Pacific American Tobacco Continental Tobacco Amalgamated Copper Manhattan United States Leather Brooklyn Rapid Transit Delaware and Hudson Tennessee Coal and Iron Western Union Southern Railway Louisville and Nashville Baltimore and Ohio Ontario and Western United States Steel United States Keene London Stock Exchange Frank Russak Russak Brothers Southern Pacific Company Equitable Union Pacific Road Southern Pacific Brooklyn Rapid Transit Company Shorts New-York News Bureau Mills Broadway Wall Street Journal

Amalgamated Copper and Boston Firms Plan Stock Exchange

Major stockholders of Boston and Butte and Boston Copper agree to merge with Amalgamated Copper. Exchange basis set at four Amalgamated shares for one Boston and Montana share and one Amalgamated share for each Butte Boston share. Dividends declared during pending exchange will be paid to Boston and Butte stockholders.

Boston A Montana and Butte and Boston Copper Company Ste Amalgamated c Boston Montana Amalgamated Butte Boston Amalgamated Company Amalgamated Copper Compas Boston and Butte Stock Exchange

Comparative statement of money in circulation as of June 1

A historic treasury summary shows total United States currency in circulation and changes to June 1. It lists coins, gold certificates, silver coins, federal notes, and national bank notes with figures, totals, and a per capita circulation of 28.13 dollars versus 26.71 a year earlier, a gain of 1.42 dollars.

Adams Express Albany Caré& Ft Dry Lee Amer Gotton Tel Ann Arbor Aghem Nike Brunswick Ht & Eas Chicago & Alton Enin Bulle Col & Hock Te & Hudson Ot del Lack & W Deny & Rio Gr Hong Tame Tes M & Fr Sao General Ft Evans & TH Ser Oy Gas & el B Gen Electric Co Treasury Ann Northern Pf Illinois Washington Lin Nile Iona Tralian Kana & M Kan City Kk & Des Shan Laclede LE West Lake Long Islan S & Nash Manhattan Orn Street Ry Michigan Wwe Minn St Louis Mo Kan & Tex Tis & Ore Y Central Ych & St L. A TOR Lack & W NH & H Ont & W Norfolk & West Pacific Ohio Indias Pacific Coast Pacific Mail Penn R R Peoria East Peo Gas & Coke Pere Marquette Law Rens & Sara Rep Iron L & Adiron St Jos & Gril Stl San Fr St ‘Louis Plone St & Ir Aon Ee Southern Pacific Ole COX Southern R R Tenn & Ir Texas & Pacific Third Avenue L & West Tolothes Tye Cay RT Baeh Seki Ode Exge Lees Union Pacific US Steel Ted Parke West West Union United States National Bank

Earnings decline in last week of May versus prior year

Earnings received yesterday for the last week in May and for the month showed changes from the same period a year ago with a decrease.

Southwestern Missouri Pacific Missouri Kansas Texas Texas and Pacific DES Moines and Fort Dodge Des Moines

Securities Auction Report From New York Real Estate Room

Yesterday Adrian H. Muller & Son conducted a securities auction listing multiple items. Included were two thousand dollar Evansville and Indianapolis Railroad bonds due 1924, several Columbus Street Railway shares, William Cramp & Sons stock, New York and Java Trading Company, and Western Union Telegraph Company stock, among others, with various numbers of shares and specified bond rates and due dates.

New York Adrian H. Muller & Son Evansville Olumbus Street Railway Company Occas Tensaeuve Columbus Street Railway Company William Cramp & Sons New-York and Java Trading Company National Ik of Commerce Bank of New-York National Banking Bleecker Street and Fulton Ferry Ombomesion Ook Cneeeseeisesensusenes Morris and Essex Railroad Company Delaware and Hudson Canal Compan Western Union Telegraph Company Paterson Extension Railroad Company Evansville and Terre Haute Railroad

Outside Securities Market Summary

The outside securities market closed quiet with active but weak transportation. American Can traded about 2,000 shares of common and 1,000 of preferred, while Electric Boat rose to 22 percent with preferred to Mtg. Denver and Southwestern held firm with common at 71 and preferred at 72, bonds at parity. Seaboard Air Line drifted lower fractionally. A small Bank of Commerce block sold at 5 and Standard Oil at 790.

Mtg Denver Southwestern Seaboard Air Line Bank of Commerce Standard Oil

Railroad Earnings Across Class I Lines in May and July

The report tallies earnings by railroad, listing mileage and fourth week in May figures, and totals from July 1 to May 31 for lines including Alabama Great Southern Chesapeake and Ohio Chicago Great Western Evansville and Terre Haute Evansville and Indiana International and Great Fort Worth and Rio Grande Louisville Nashville and others, with revenue and mileage data across numerous carriers and timeframes.

Alabama Great Southern Neville Terre Haute le Jean Central Dissourt Kansas Orfolk and Western Southern Railway Eec Encores St. Louis San Francisco Texas and Pacific Wees Toledo Ohio Central Daniel Ohio Chicago Great Western Oh Bee van Evansville Evansville Andy Terre Haute Louisville Nashville Kanawha Michigan Mobile Jackson Kansas City Missouri Texas Missouri Pacific Central Branch Norfolk and Western Notte

Also Mentioned on This Page

Ahlavy Stock Trading Bonds Ise Cincinnati Charleston Savannah Philadelphia Berlin Berlin Exchange Paris Exchange Paris Madrid Lisbon Buenos Ayres Rome Amca F Rite National Biscuit Col & So SJ & GI Contin Tabacco del Lack den & Rio G Tenn I Co Tes M& Ft D Itsi Law Union Phill I's Do Ist Leather Las Iowa Central Wabash Louis & Nash West Union T Met Street Wheel & L E Baty s/ Wis Central At&s Rio St L SA &A P Ist Hs Tex & No MK & T Ist A . Union Pac North Pac American Securities Abroad Isla Money and Exchange THE Federal Treasury Asia Brook Chex Rap Col Southern le Cont Tobacco Erle Louis Mo K & T Mo Pacific Ie Ize Norf & West le Pacific Mail Aw Rep Steel St Law & Adir Southern Southern Ry Os An An 3 Ve i * 42 A 4'S 4.0380 Do Pref * Ass SH NT Tenn Coal Texas Pacific Wiestern Union al Ee Ing Ape Brunswick Cal & V Imperial Aoan Mollie Gibson Ontario Ing. Bush Wall Street and Exchanges Seaboard Atr Baltimore Read Kean, van Cortlandt & Co Central of Georgia Railway Company Chattanooga Standard Trust Company Chattanooga, Rome and Southern Railroad Chattanooga and Durham Bankers Dr. Houston & Co Money IN Circulation Seventh Avenue Lawyers’ Mortgage Insurance Company Enema Cc American Exchange National Gallatin National Bank the Securities Company of Anaes Eeeee Imerican Surety Company Brooklyn Wharf and Warehouse Company Mercantile National Bank Guaranty Trust Company Singer Manufacturing Empire City Fire Insurance C Continental Fire Insurance Company Atlantic Avenue Railroad Brooklyn Keokuk and Des Moines Railroad Toledo and Ohio Central Railroad First Cent Ninth National Bank Bowling Green Trust Mpany Butchers and Drovers National Bai Title Guarantee and Trust Company Mercantile National White Hamilton Bank of New York Minneapolis Trust Company National Milling Company of Minneapoli Annes Merece Edison Electric Iuminating Company of First Consolidated Atlantic Mutual Insu Mechanics’ National Bank Hanover National Bank Ares Bank of Manhattan Company Merchants' National Bank Peter Cooper Fire Insurance Company Mutualsas Light Company New York, New Haven Title Insurance Western National Bank Osene Ellares Bank State of New York Mervile Trust Company Americn Exchange National Bank Hs Fourth National Bank American Bank Note Company Res Orn Exchange Bank First Mort Wed Jefferson Railroad Ompany Gage Herbert Booth King & Brothers Publishingompany First Mortgage Sanaa Hanoversional Bank Home Insurance Company North American Trust Company C. F. Frothingham Ny& East Mutual Co NY & ER Bay State Gas Co Ben As & O Colum Gas Co J &N Ft W Gas Co Grand Rapids Manne F. & A Indianap Lafayette M. &Wn A &O Eee E Cot & D. Ae Ohio & I Altedendard Syracuse Weenie Milwaukee Saxony Hamburg Cologne Munich Augsburg Frankfort Vienna Capital Yable Sat Atlantic Ise Amer. Surety Co Ba & Mtg Gr Co Bowling Green ODE Central R Bd & T Co City Continental Colonial J. & J. Farmers Fifth Ave Tr Co SJ. & J. Flatbush Franklin J. Ger-Am Real Est Guaranty Tr Co J. Hamilton Kings County Knickerbocker Ti&s. Lawyers’ Surety T & Ins T & Ins’ 6F. & A. 1,000,000 —% J. & D. Long Ist L. & T Lawyers’ MI Co J. Manhattan Estes Mercantile Morton Wms&mji Berean Nat'l Surety F_ Frothingham Havana J. SJ F&i Aiabartaer Ariz Inter Umbrella c As Trust Co Bklyn C . R New-Eng Transpc Ron Mé&Twy Fitamsburg Seaboard Air L Amcom Sa R. L. Day & Co Nassau T. Fileetrie Roar St Louis Tran Tel Tel & C ATÉ& Foocom Atlantic Aes Venicie Boston & Mont Am Tel & Tel Quincy Fitchburg Wolverines Lev Old Colony Arcadian Wrandotte Union Pac Outside Securities Pia American Bank American QD Inc A& Roun Amer Hudson River BK Stetson A&ji B. Stetson Lanston Madison Squar Markren Copper Mergenthaler Smeongigesion National Enamel & Ta National Pitts Penn Pittsburg Pratt & Whitney Simmons Hardware Con Simmons Hardwars Pest Singer Mfg Swift & Co Trenton Potteries Trenton Otteries Union Unite Union Typewriter A&o Westing F. Frothingham Ian Rnaangini M & St M&s Atlantic Ave Eklyn Heights Eklyn B & W Eklyn QC Bklyn Crosstown Eklyn C & Newtr Coney Island & B Coney Island & F Ctf Calvary Cem & G Lorimer M&n Grand St Jamaica & Bk Kings County L Sea Beach Perry Companies C. F_ Frothingham de Haven & Townsend Vallety Ly Co North Penn Phila Co Cambria Steel Penn Steel So Choctaw Penn el Veh Co Trof Diamond Steet Phila Elec Elee Phila Traction Phila & Erie Pitta Ins Co Newark Colorado Springs Colorado Springs Mineing Stock Exchange William P. Bonebright & Co Alamoris Ingham Avsuene Ysabella Co Lexingtons Moon Anchor Pilgrim Rose Portland Argentum-Jun Rattle Mountain Jack Pot Col City & Man Ward Gold Sovereign Findley - Ws Pappoose
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