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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 06, 1910
Page
2
The Mercantile National Bank of the City of New York announces a quarterly dividend of one and a half percent free of tax, payable July 1 to stockholders of record. Transfer books close June 23 and reopen July 2, 1910. Signed Emil Klein, Cashier. Notices advise Tribune ad submissions by Uptown office and branch drop-off times.
The Oliver Plough Company of South Bend enters a selling arrangement with International Harvester. Oliver's plant to be built in Hamilton Ontario will be managed by International Harvester. The Canadian factory project proceeds amid market speculation about competition.
The industry reports widespread activity with many wells completed especially in the lower Southwest and Illinois. The Ship Of Company leads in Petty Townslow, delivering outputs from 75 to 150 barrels per day. National totals rise with 1,262 new wells and production up to 46,111 barrels in May, led by Pennsylvania and Northwest Ohio. Prices for refined petroleum remain steady in major markets including New York and London.
Washington developments upset the stock market last week as judges weigh a temporary injunction against railroads raising freight rates. If made permanent, further declines in stocks are likely. if dismissed, improvement may come. Despite this, railroads show improving gross earnings and the market expects sector adjustments rather than collapse. Foreign buyers have pressured prices, while U S deficits and canal spending add fiscal tension.
A dense list of bond quotes showing prices, yields, and holders across dozens of issuers.多 Entities include Argentine 5s, Cent Pac Gtd 4s, Chicago & Alton, Penn Court States, Am Tob 6s, Reading Gen 4s, Union Pacific Ist 4s, and Westinghouse 5s, with varying rates and maturities.
Week’s market table lists shares traded across many issues with high, low and close prices for the week and prior periods. It includes Adams Express, Amal Copper, American Smelting, Amexpre ss, Anaconda, Baltimore & Ohio, Chicago unions, and numerous other securities with figures for 1910 and 1909 ranges, totals of shares, and weekly net changes. The summary captures the breadth of activity across railroads, steel, oil, and industrials, highlighting closing levels and weekly movement.
Government bond quotes are listed with bid and ask prices for various issues including Os reg 1950, U S 4s, Panama 2s, and Philippine 4s. The piece also reports fourth week May and July 1 figures for Canadian Northern, Colorado & Southern, Detroit & Mackinac, Missouri Pacific, and Colorado Midland, with detailed earnings, expenses, and net figures for multiple railroads and periods, followed by a miscellaneous securities section listing stocks and notes from many issuers with prices and dividends.
A scanned financial notice lists numerous banks and insurance firms with stock and bond details, including Central, Citizens, Columbia, Equitable, Fidelity, Guardian, Home Trust, Kings Co, Knickerbocker, New York exchanges, and several national banks. The fragment catalogues percentages, prompt numbers, and street references for entities like Metropolitan, Manhattan, and Fifth Avenue firms, reflecting a dense ledger of investments and debt instruments.
The New York Clearing House bank exchanges and New York Stock Exchange stock sales are shown for June 4 to June 6. Figures include exchange amounts in dollars and shares sold, with comparisons to the prior two years. Markets posted varied totals across the three days with notable shifts in values and volume.
The Tribune lists gross earnings for thirty railroads for the third week in May with 32 gains totaling 1,702,958 and five losses of 17,810, yielding a net gain of 1,685,148. For the fourth week in May seven railroads show a gain of 961,500. An Indian Pacific entry notes 4th week in May data.
The document records net and total revenues, charges, deficits and surpluses across multiple rail systems and regions including PUFFALO ROCHESTER PITTSBURGH and NEW YORK NEW HAVEN HARTFORD. It notes operating revenues, expenses, and taxes, with mentions of outside operations, total income, and deficit figures.
A terse ledger of weekly curb market quotes across industries and mining equities. It lists high and low values for several stocks including Am Tobacco, Cuban Telep, Inter Rubber, Standard Oil, United Cigar, and multiple mining concerns such as El Rayo, Brit Col Cop, Chino, Cobalt Cent, Ely Central, Gila Copper, Miami, Nipissing, and Yukon Gold with note of bond prices for DM&FID and West Pac. The mixed entries present prices, shares and percent changes in a compact market snapshot.
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