Stocks Generally Lower Traders Attack Values
Stocks drift lower across markets as traders attack valuations amid light trading. Money and exchange activity shows a modest uptick in risk aversion with investors weighing earnings outlooks and potential policy moves.
Market Downgrades Weaken Stocks Amid Bond Strength
Stocks showed limited movement with net declines as pools and syndicates stayed quiet. Bonds remained more active with mortgage issues like Union Pacific convertibles drawing demand while several rail and industrials fell, and outlook for crops and exports suggested a favorable harvest potential.
Government and Railroad Bond Market Report
Market steady for government bonds with final quotations listed for various issues including Treasuries and US Ss. Railroad bonds faced a general decline with total par value sales near 2.5 million versus 2.72 million prior. notable activity in Atchison, Baltimore and Ohio, Central of Georgia and other issuers.
MENTIONED IN THIS ARTICLE
IOS US
IGHY
U.S. Ss
IMM
Atchison
Baltimore and Ohio
Central of Georgia
Chicago
Burlington and Quincy
Erie General
Green Bay
Western
Reading General
Union Pacific
Colorado Fuel and Iron
Consolidated Traces
London June 5 4 p m Market for American securities dull
London June 5 market for American securities was dull with little price movement. Final quotations show trading across railroad and other stocks, with many names and figures listed. The day closes with mixed losses and gains, and money and exchange rates follow in related sections.
MENTIONED IN THIS ARTICLE
London
Bank of England weekly return shows mixed reserve shifts
The London report lists reserve up by 242 thousand pounds and circulation up 364 thousand, bullion rising 606 thousand, while other securities and deposits fall heavily, notes reserve up 234 thousand, and government securities down 528 thousand. Reserve ratio at 50.08 percent, up from 46.69, discount rate at 3 percent.
MENTIONED IN THIS ARTICLE
London
Bank of England
Bank of Land
Bank of
France
Money Market Disbursements Lag Behind in Sub Treasury
Money and exchange report notes banks lose money to the Sub Treasury as disbursements remain lighter than tax and other collections, a typical pattern in such periods. The piece highlights pressure on banks from government cash flows and the uneven pace of disbursements versus receipts.
MENTIONED IN THIS ARTICLE
Sub-Treasury
National
Stock Exchange Securities
Switzerland
Germany
Holland
New Orleans
San Francisco
Telegraph
Boston
Lsc
Chicago
Charleston
Cincinnati
St. Louis
Minneapolis
Savannah
New York
Philadelphia
Baltimore
London
Berlin
Berlin Exchange
Paris Exchange
Paris
Madrid
Lisbon
Buenos Ayres
Rome
Washington
National Bank
Belgium
Fnr
Bond Listings Reflect Market Activity and Bond Sales
The page catalogs multiple bond issues and values, detailing totals like 516,000 and 14000, with entries across various issuers such as Bay Deb B and Pac C & C. The data includes interest rates, prices, and quantities for government and corporate bonds, indicating a broad market listing and trading activity.
Wall Street Activity Mixed Amid Small Foreign Trading
Foreign houses showed little activity in the local market with under 8 000 shares traded, mostly sales, while London’s American stock activity was light though quotes ran above parity. Notable items include large orders for Bessemer pig iron, strength in American Light and Traction on the curb, and re election of Allis-Chalmers directors. Missouri Pacific earnings rose in late May and Fuller syndicate prepared to pay for Western Maryland Railroad.
MENTIONED IN THIS ARTICLE
London
Amalgamated Copper
Anaconda
American Ice
Atchison Common
Brooklyn
Bessemer
Bessemer Association
United States Steel Corporation
American Light and Traction Company
Chicago Great Western
Allis-Chalmers
Allis-Chalmers Company
Fuller Syndicate
Landstreet
Western Maryland Railroad
Missouri Pacific
American Grass Twine Company
Northwestern Extra Dividends Declared by Chicago and Northwestern
Directors declare a semi annual 3 percent dividend and an extra 1 percent on common stock plus a quarterly 1 percent dividend and an extra 1 percent on preferred stock. For the year ended May 31 1902 gross earnings rise to 46 534 836 from 43 008 587 with higher operating costs and 5 869 725 applied to dividends. The old board of directors was re elected.
MENTIONED IN THIS ARTICLE
Chicago and Northwestern
Opex
Surpham Gace
Iron Trade Conditions Signal Rail Steel Demand Rise
The Iron Age reports in the East the anthracite strike causing furnace shutdowns and pushing low phosphorus pig iron imports. Four rail mill firms agree for 183 and will deliver about 350k to 400k tons for 1903, with major orders for Northwestern St Paul Burlington and others. Growth is aided by Lackawanna Steel’s Stony Point mill and continued scarce steel with foreign billets. Canadian steel purchases rise as western railroads plan bridge projects.
MENTIONED IN THIS ARTICLE
Northwestern
St. Paul
Burlington
Lackawanna Steel Company
Stony Point
Buffalo
Delaware
Outside securities market ends week with dull, mixed moves
Limited demand yielded the smallest daily total in a week as prices drifted. American Light and Traction issues attracted inquiries and rose briefly, with small lots trading at 11 1/4. Other sectors including Havana Commercial, Northern Securities, United States Steel, and copper shares showed mixed to modest gains and losses before the close.
MENTIONED IN THIS ARTICLE
Preferred
Hal! Signal
San Francisco
Havana
Northern Securities
United States Steel Bs
American
Transportation
Tennessee
Montreal
Boston
White Knob
United Copper
Bay State
American Book Co
American Hide & Leather
Hide & Leather
American Thread Co
Press Association
Soda Foun
Amer
Berney & S
Bay State Gas
Borden's
British Columbia
Ches. & Pot
H. B
F&a Cramps S. & E
Denver Tramway
Dominion Securities
Electric Vehicle Co
Empire Steel
Flemington Coal & Coke
Hackensack Meadows
Herring-Hall-Marvin
Hoboken
Hoboken Land & Imp
Hudson River
J. B. Stetson
J&ji
Stetson
Jt&a&s
Saccess
Madison Square Garden
Markeen Copper
Mergenthaler Linotype
National Enamel & Stamp
National Enamel
E. G. & Perce
BE. R. Fe
N. Y. Loan & Impeters
SS J. Tel
N.Y
Northern Securiteee
Otis Elevator
Old Dominion
Pitts., Bess. &L
Pratt & Whitney P
Procter & Gamble
Safety Car Heat & Light
Seaboard Air Line
Seaboard Air Lne
Simmons Hardware
Mae
Singer Mfc. Coo- Qs
Tt&js
Swift & Co
10Th
A&Éo
Union Typewriter
Universal Tobacco
Uw Universal Tobacco
S. Glass
Vu. S. Glass
Westinghouse Air
Miscellaneous Securities
The item lists miscellaneous securities furnished by Frederic H. Hatch of 30 Broad Street.
MENTIONED IN THIS ARTICLE
Frederic H. Hatch
Guaranteed Stocks Quotations From Joseph Walker & Sons
Quotations furnished by Joseph Walker and Sons of Broad Street provide stock values and market notices for investors. The brief item notes prices and performance guidance from a local broker as part of daily market updates.
MENTIONED IN THIS ARTICLE
Joseph Walker & Sons
Railroad Earnings by Company and Period
Quarterly earnings figures for numerous railroads listed with miles operated and period totals. Includes Chesapeake and Ohio, Chicago Great Western, Detroit United Railway, Iowa Central, Louisville and Nashville, Mexican Central, Missouri Pacific, Evansville and Indianapolis, Evansville and Terre Haute, Minneapolis and, Missouri and Texas lines, Norfolk and Western, Rapid Railway System, Rio Grande Southern, St Louis Southwestern, Southern, Texas Pacific, Detroit and Mackinac, Nashville Chatt. and St. Louis, Minneapolis St Paul and Sault Ste Marie Central, Wheeling and Lake Erie, and Elmira and Lake Ontario with fourth week in May and year-to-date totals.
MENTIONED IN THIS ARTICLE
Bielz
Bradecon
Bae
Amer Express
Amer Smelting
Amer
Amer Woollen
oRecomia
Ann Arbor
Bali
Ohio
Brunswick
Ccas
Teed Co
Nada South
Canadian Pacific
Central of N
Ches & Ohio
Benee & Alton
Chic & East
Ill
Ind & Lpf
Mil & St P
Chic & Northw
Chic R 1 & Pac
PM & O
Sbiy Katy
Ccce& St L
Cleve & Wheel
Pigte
Col Fuel & Iron
Col & South
Col & HC & Ir
Cabie
J— Eries
Consol Coal
Ee Es
Consol
del & Hudson
del Lack & W
Denv & Rio Gr
Denv & Southw
Det United RR
Dist of
Gt Northern
Geo A Fuller Co
Iowa Central
Kana & Mich
Kan City
Keck
Kingston
Kcfs&m
Lake Shore
Long Island
Louis & Nash
Man Beach
Manhattan
Michigan
Ws Minn & Staed
Moran & Tex
Missouri Pacific
Morris & Essex
Ash & Chat
Bilecult
Io Gine
Oss
Wein Wiensaa
NY Central
Ch & St L.i
Nynhee
Ont & W
Norfolk & West
Bo Ioaee
el North American
Ontario Silver
Penn T
Peoria & Ea
Pee Gas & Coke
Pere Marquette
Odema Do Pref
Pullman
Quicksilver
STE Ae
Jos & Gri Do
Law & Adk
St LC & San Fr
St Louis Southw
Sloss-Sh St & Ir
Southern Pacific
Southern R R
Do M & O
Stand Rope & T
Tenn Coal & Ir
Texas & Pacific
Land Trust
Third Ave R R. Tol Peo & West
L& W. Ae
Union Bag & Pi
Union Pacific
U S Express
Ee Ee
Westingh E & M
Wee Fargo West Union Ra
Celes
Chesapeake and Ohto
Chicago Great Western
Detroit United Railway
Ouisville
Nashville
Mexican Central
Evansville
Indianapolis
Terre HA
Minneapolis
Missouri
Norfolk and Weste
Iso
ST. Louis
Texas Pacific
Detroit and
Mackin
Chattanooga
ST. Lou
ST. Paul
Sault ST
Central Branch
Wheeling
Lake Erie
Also Mentioned on This Page
Gay
Phe Neewe
MEK &T
Central A
North West
Locom
Nyoo& W
Go Aeesaee
North Am Co
Penn
Top & SF
Y Balt & Ohio
Brooklin RT
Représioe
Aem
cMést P
Sy Ry St Spring
Ind & L
Aaa
Tenn C & I Co
Hudson
D & Rio
Walier Rak
Wabash Amalee Ns
Pac Omy
Iwis Central
Met Street
Ik Do
Central
W & LE Ist Pf
R& T
Consolidated Tobacco
Europe
American Securities Abroad
THE
Stock Exchange
New-York
Aas Geist
Saas & Nashville
York Central
Paane
U.S. Steel
Foreign Bank Returns
Colorado Springs
Colorade Springs Minsing Stock Exchange
Counselman & Day Prn& Co
Wate
William P. Bonbright
Isabella Po
BO Teaee Sa
Lexington
Pinnacle Ig
Rattle M Fountain
Col City & Man
Eos Boversigh
Money and Exchange
Su. O
Ano Cc
Do Ist Inc
U S
Adams
Bicycle
Gt Nor
H & L Int
Sietezeit
Kan
Go Ist Inc
Mo Pac Trust
NYG& EL iv & P
P & SC
SA & A P
Hi Sea A L
TAM A M&o Col
W & LE Ist
Mia Tet
el J & E
W & DC
Ang
Amet
Consolidated Exchange Sales
Highcau
Amal Copper
Top &Sf
Ralt & Ohio Et
Bklyn Raper Bam
Can Pacific
20Thes & Ohio Oy Ch
Gt West
Col Fuel & I
Col Southern
Erie
Louis & Nas
Soreeel
Mex Central
Um Mo K & Tex
Mo Pacific
Pennsylvania
Rep Steel
Southern Pac
Ark
C & I Ga
Tinton
West Union
R & T Ist de Inc
Aeneiae
Agnainton
Inc
Con Cal & Va
Wall Street and Exchanges
R L. Day & Co
Nassau St
Bost & Albany
Boston & Me
Atlantic
Jr&us
West End &T
Mass Elec Cos
J Tel & T Co
Tel & A Co
Quincy
Temarack
Wolverine
Dom Iron & St
Dominion Coa
Itu S
Tracy & Co
Wall St
Anni
Diamond Match
West Chicago
Union Traction
Outside Securities
Ase Acker, Merrall & Condit
F&a
Parney & Smith Car
F&a Neeveee
Carnegie Steel
Cc. & O. Grain Elevator Inc
Cc. & O. Grain Elevator
A&oo
Hecker-Jones-Jewell
M&n
Hoboken L
Wees J&d
International
Maine Steamship
Metropolitan Ferry
N. J. Steamboat O
N. Y
New-York Biscuit
Northern Pac.co
Texas & Pacific Coal
Union Ferry
U. S
Ask
Albany
Susq
JT &J
Alleg & West
Atl & C Alr L
Southern
Mé&s
Augusta & Saw
C of Ga
Beech Creek
NYN
Boston & Lowell
Franklin Tel Co
West UN
W &J Pf
J&j
Jack L & Sag
Més
Joliet & Chicago
Kcsl&c
Tc & A
Kal
A &Gr
A&o
Gtd
LS & MS
J Little
Sateen
North Penn
Northwestern Tel Weat Uail
Nor & W Pt
Old Colony
NH & H
Oswego & Syr
DL & W
Phila & Trenton
Pitts B & L E
B & L EB
Carnegie Steel de
B&le & CS
A&d
ST Pitts
Wees
J&d
Pmk&y
Port Saco & P
Quincy Bridge
Elmira
Lake Ontario
Ene
Sas
Saeien
Dee
Clinton Gilbert
Watlaty
Atlantic Alliance Realty
Weeee
Amer Surety
Mie Gr
Bowling Green
Broadway
J. ‘Laws
Cen
Bd & T
Quar
Guaranty TJ Co
Hamilton
Bom Inter Brig Cae
Knickerbocker
Kings County
TJ. &If Lawyers’ Surety
T & Ins
MI Co
Lincoln
Long Isle & A
J. Manhattan
GJ. & Manufacturers
J. Mercantile
Mortonence
Metropolitan
Mutual Alliance
Nat'l Surety Co
North Am Tr Co
A&j
Nassau
Eesececes Tho
Nyuin
I Trust Co
Tr Co
Republic
U Ae Union Weeeerereee
J. i
Usm&tc
United States
van Norden
Willemsburg
Ny&e
L & Tr
jInd NG &O
Pawson
EN & IG
Lea Deere
C Gas
Gas & C
Ind Gas
Denver
Syracuse
de Haven & Townsend
Wall-st
Diamond Steel
Phila Elec
St Bat Co
Phila
Phila & Erie
Elec Co of Am
Sus Iron & Steel
Ins Co
Tidewater Steel
Lehigh
Marsden
Nat
U Gas Imp
Welsbach € O. & Bonds
Asp Co
Newark
Ind P Ry Co
People’s Trac
Alta
Justice Ana
Kentucky
Andeso
Lady Washington
Son
Belcher
West
Savage
Sag Belcher
Icience
Sierra Nevada - Cal & Va
Imperial Ore
St Louis
Curry
Utah
Union
Norcross
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