Further stock declines weigh on crops and bonds
Share values fall across railroads and money markets as crop reports depress commodity equities. Investors react to weaker earnings and uncertain demand while bonds slip on rate expectations and market volatility.
Market Outlook Sees Bearish Trading Amid Crop Crop Fear
Sharp declines on light volume marked yesterday's speculation with most stocks off from Thursday. Reports of domestic crop damage weighed on stocks and grain, yet declines in stocks and wheat gains reflected Wall Street math more than agricultural reality. Berlin reports slight gains with no panic. European fear over cheap U S iron exports is said unfounded due to high freight costs. Local iron and steel markets show encouraging signs as Bessemer pig iron and billets price levels aim to revive buyer demand and stabilize prices.
MENTIONED IN THIS ARTICLE
Wall Street
London
Granger
Missouri Pacific
Baltimore
Ohio
Berlin
Europe
Railroad Ponds Heavy Deals In Debt Market
Market weak as total par value sales reach 1 122 000 versus 1 569 000 on Thursday. Heaviest activity centered on Atchison issues Baltimore and Ohio 4s Baltimore and Ohio Southwestern 3144s Central Pacific 4s Chesapeake and Ohio 4s Colorado and Southern first 4s Mexican Central firsts Nor fork and Western 4s Reading general 4s St Louis and Iron Mountain 5s Southern Railway first 5s Union Pacific 4s Wabash debentures and Wisconsin Central general 4 3s.
MENTIONED IN THIS ARTICLE
Atchison
Baltimore and Ohio
Southwestern Division
Central Pacific
Chesapeake and Ohio
Colorado and Southern First
Mexican Central
Norfolk and Western
Reading General
St. Louis
Iron Mountain
Southern Railway
Union Pacific
Wabash
Wisconsin Central General
Ing
Am Steel & Ww
Top & SF
TOO Balt & Ohio
Col Fuel & I
Tobaccs
Comstock
Imperial
Cal & Va
Pennsylvania
Hern Pacific
Tenn Coal & I Tidde
Tnion Pacific
Ieee — American
Chicago Gas
Ao Nares
Chicago Union Traction
Clos Lake Street
Erecese Ey
West Ciicege
Tng
Bush
Market Report: U S Steel and Rail Shares Edge Higher
Lormion June 8 4 p m American securities opened firmer on better overnight gains from New York and remained steady at close. Atchison Louisville and Nashville New York Central Reading Union Pacific Santa Fe Northern Pacific preferred and Anaconda quotes mixed with spiking prices for several names.
MENTIONED IN THIS ARTICLE
Lormion
American Secu
New York
Atchison
Can. Pacitq
St. Paul
Sinois Central
Louisville
Nashville
Union Pacific
New York Central
Friie
Reading
Money and Exchange Rates in Market Summary
Money on call 1 2 and 3 percent ruling. Time money 24 3 for sixty days and 3 for three months with railroad collateral. Commercial paper 24 44 percent for best names. Foreign exchange market firm and higher with quoted sight and sixty day rates. Bankers posted rates and domestic exchange details across major cities. London call money 1 1 percent with open market discounts and Berlin Paris rates. Foreign securities and silver market notes conclude the section.
MENTIONED IN THIS ARTICLE
Paris
Antwerp
Berlin
Bremen
Reichemst
Petitort
New Orleans
San Francisco
Cincinnati
Boston
Chicago
St. Louis
Savannah
Charleston
New York
Philadelphia
Baltimore
London
Berlin Exchange
Penis Exchange
World Silver and Gold Premiums Noted in Markets
Fean silver dollars quoted at 4T4c and Ber silver in London at 275d. Gold premiums listed: Madrid 26.77, Lisbon 39.25, Buenos Ayres 129.70, Rome 6.2243.
MENTIONED IN THIS ARTICLE
Fean
London
Madrid
Lisbon
Buenos Ayres
Rome
Sales at the Stock Exchange Unlisted
Unclear fragmentary note referencing stock market activity with scattered figures and codes. Readers cannot determine concrete events, entities, or dates from the text provided.
Port of New York Week Ended June 8 1898 1899 1900
Week ending June 8 shows entered at port and thrown on the market figures for 1898 1899 and 1900. Totals include entered at the port 1 308 358 1 181 204 1 521 408 and thrown on the market 1 280 651 1 139 822 412 731 with January 1 to date totals of 45 017 595 48 526 567 58 914 646 and market throw 42 756 215 48 613 466 58 663 596.
MENTIONED IN THIS ARTICLE
New-Yorke
Treasury balance report shows receipts exceed expenditures
Washington June 8 Treasury divisions report a weekly and year to date balance. Available cash shows totals for Gold coin bullion and various certificates, with current liabilities and deposits in national banks. Receipts for the day and month reflect customs and internal revenue, while the Sub Treasury records a small overall gain and a substantial coin loss.
MENTIONED IN THIS ARTICLE
United States
Treasury
General Fund
Washington
Internal Revenue
National Bank
Sub-Treasury
Thi Sub-Treasury
General Treasury
Union Bag and Paper Company chooses stock action at June meeting
The Union Bag and Paper Company will likely declare the usual 1 percent quarterly dividend on preferred stock at the directors' meeting in June with no action expected on common stock. Meanwhile Hocking Valley may delay dividend decisions on preferred stock until July. Crop reports show satisfactory conditions along the Rock Island line and optimism for larger yields, while wheat damage remains north of some territories. Silver exports total 350000 ounces aboard steamers to Europe. A New York Cotton Exchange seat sold for 3000 dollars with another at 3150, as new commission rules are expected to boost member business.
MENTIONED IN THIS ARTICLE
Union Bag and Paper Company
Hocking Valley
Hocking Valley Company
Rock Island
St. Louis
San Francisco
St. Paul
Northwestern
Union Pacific
Europe
United States Metal Selling Company
Cotton Exchange
New York Cotton Exchange
Chicago & Eastern Illinois Railroad
New York City
News City
Market Leaders in Yesterday's Trading Action
Principal buyers and sellers dominated yesterday's session with I S Wormser leading purchases of Reading first preferred while also acquiring Manhattan. Halle and Stieglitz traded Consolidated Gas Missouri Kansas and Texas preferred, with Sugar Refining changing hands through multiple buyers including J R Williston and J J Manning. Other notable moves involve Union Pacific, St Paul and Reading common and preferred across several firms, along with Brooklyn Rapid Transit and Northern Pacific activity.
MENTIONED IN THIS ARTICLE
I. & S. Wormser
Reading First
Manhattan
Halle & Stieglitz
Consolidated Gas
Missouri
Kansas
Texas
Joseph Connah
Wedge, Lounsbery & Foster
People’s Gas
I. F. Mead & Co
Post & Flagg
A. de Cordova & Co
Mendham Brothers
St. Paul
Andrews & Criss
Missouri Pacific
Young
Union Pacific Common
Dick Brothers & Co
Northern Pacific Common
J. Bianchi
Tennessee Coal
J. W. Davis & Co
Reading First Preferred
J. & S. Wormser
J. R. Williston & Co
L. W. Wormser
Clark, Dodge & Co
Union Pacific
Otto Loeb
Dickinson, Grumman & Co
J. F. Carlisle
Groesbeck & Sterling
Reading
E. & C. Randolph
Street & Norton
A. A. Housman & Co
Brooklyn Rapid Transit
I & S Wormser
P. J. Goodhart & Co
J. J. Manning
B. J. Harrison
Kissam, Whitney & Co
Reading Second
Movement of Money Reflects Sub Treasury Withdrawals
Demand for long term money shows slight improvement while rates firm a bit. Weekly bank liquidity eroded by Sub Treasury calls for public deposits. receipts from interior outpaced shipments but not enough to offset withdrawals. Banks moved 662200 to interior and received 2952496, net gain 2290276, against prior week gains. smaller banks added about 1500000 to total.
MENTIONED IN THIS ARTICLE
Sub-Treasury
Klondike
Direct Express
Interior
New-York
Railroad equipment orders in May
The Railroad Gazette reports May saw 9,78 cars and 99 locomotives ordered. Car types totaled 4,138 box and related, 4,131 coal and ore, 1,379 flat, 50 steel, 88 passenger. Locomotives included 10 passenger, 63 freight, 3 switching, 24 for export. Railroads wait for lower prices amid few pending orders.
Northern Pacific Shows Big May Earnings Rise
The Northern Pacific weekly earnings for the last week in May rose by 197 404 over the previous year, totaling a May gain of 172 507. From July 1 gross earnings are up 3 602 158, yet the stock price did not reflect the strength. analysts expect common stock to be valued at a 4 percent basis.
MENTIONED IN THIS ARTICLE
Northern Pacific
Burlington
Cedar Rapids
Northern
Central OF Georgia
Chicago
Cleveland
Cincinnati
ST. Louis
Peoria
Eastern
Pere Marquette
Santa FE
Prescott
Phoenix
Ang
Indianapolis
Louisville
Evansville
Poues
May Earnings Slide Compared With Last Year
Yesterday and last week earnings fell versus the prior year with a reported decrease for the month. The brief notes a decline in payables and revenue figures compared to the same period a year ago.
Wall Street closes mixed as standard oil leads declines
Outside securities markets show Standard Oil at 5469 250, with declines from Thursday. Other notes include Havana Commercial at 104 13, Baking Powder 89 90, and various preferreds. stock loan quotes list numerous companies with mixed figures, while Union Bag and Paper reports a president’s note.
MENTIONED IN THIS ARTICLE
Standard Oil
Havana
Bay State
Markeen
Amalgamated
Amsterdam
America
New-York Transportation
American Steel and Wire
People’s Gas
General Electric
New-York Central
Northwestern
Northern Pacific
Rock Island
St. Paul
Union Pacific
American Tobacco
Manhattan
Pennsylvania
Delaware and Hudson
Tennessee Coal and Iron
Southern Railway
Louisville and Nashville
Jersey Central
Brooklyn Rapid Transit
Federal Steel
Atchison
Chicago
Burington and Quincy
Consolidated Gas
Missouri Pacific
Third Avenue
Sugar Refining
Continental Tobacco
Western Union
National Steel
Union Bag and Paper
Wheat Market Bulls Prolong Rally on Northwestern Crop Outlook
Chicago June notes a strong wheat market with near 4c gain over three days and tops near July prices. Northwestern crop prospects, wind and dust storms, limited cash business, and outside demand lifted prices, while local traders took profits. Corn oats and flax edged higher on wheat strength as hogs and lard demand showed modest gains.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Dakotas
Minnesota
Weather Bureau
Robson, Smith
Duna
Cudahy
Patten
Duluth
Toledo Railroad Bondholders Meeting Set for June 12 1900
Notices announce a proposed sale and arrangement of first mortgage bonds of the Toledo St Louis and Kansas City Railroad Company. The meeting on June 12 1900 in New York discusses depositing bonds at 130 percent of purchase price with four percent interest from June 1900. Officials John C Havewever Hermwn Co Armola Richard B Hartshorne Morton S Paton Morton S Paton are named.
MENTIONED IN THIS ARTICLE
Toledo, St. Louis & Kansas City Railroad Company
Toledo, St. Leo and Kansas City Railroad Company
New York
St. Lewis and Kansas City Railroad Company
Toledo
Continental Trust Company
City of New York
Toledo, St. Louis and Kansas City Railroad Company
Broad Street
City of
John C. Havewever
Herwan OO
Armola
Richard B. Hartshorne
TriTo T. Banvnard
Morton S. Paton
Dividend Schedule and Stock Notices for Rail Company
Old newspaper notice details preferred stock dividend of 1.5 percent and common stock dividends of 2 percent semi annually with an extra 0.5 percent, all payable in New York City and News City on specific July dates. It lists record dates, transfer book closures, and multiple advertising offices for notices.
Also Mentioned on This Page
MK &T
Stl & Wire
Ae Nor & W
Oo Pobenoa
Apalil
National Steel Es ST National Tube
Nyroawv
Jeieentna North American
Brooklyn RT
Assess Salt & Ohio
I Pacific Mail
Ck & Pao Oy Penn RR
Chic Bur & Qy
Republic Steel
CM & SP
Chic Mh Weert
Southern Pacific
Southern Ry
Consol Gas
Texas & Pacific
Bay
At & I
Ion Pacific
Tilnois Central
Vu Leather Creee
iIsalg & Nesh
Wheel & LE
Street Ry
Actfic
Wise Sentral
le Mottn
West Union Tel
Nor & West
St L&t M Se
Afsa
Ist
Union Pac
Een
Ches & O
Ove Watesh
Contee Inc
BONDS
American Securities Abroad
Rites
Wasadian
Grana i
Money and Exchange
THE
Stock Exchange
Ose
Albany
Eet Adams Hixpress
Amer Express
Ann Arbor
Eklyn Rap
Buff R & Pitts
R & Nor
Canada South
Canadian Pacific
Capital Trac Co
Central of NJ
Chem & Louis
Mo & St P
Chio & Northw
Pacier
Colorado
Co & HC &T. Ae
Consol
del & Hudson
del Lack & D
den & Rio Gr
Eighth Ave Ry
Erie Railroad
Evans & T H
Rio Gr
Gt Northern Pl
Las Tiz H
Claflin Co
Mitnois Central
Keck & Des M
K' Bocker
Laclede Gas
LE & Western
Long Island
Cee Ee
Louis & Nash
Man Beach
Bee
Eels
Met Street
Tex
Mussouri Pacific
Ao Mobile & Ohio
NY Lack & Ww
NYN
TY Ont &W
Xrth Amer Ca
Bam
K & West
Ae ' Ray
North Pacific
Aus
O&m
Ontario Minine
ASO
Pacific Mail
Peo Gas & C
INEM
Rens & Sara
W & Ox
Uw Eco
L & San Pr
St Paul
Southern Pac
R&t
Tenn Coal & Ttos
Tol & O Central
Twin City
Bag
West Union
Nat Benk
Adams
A& N W
Balt & Ohio
Bae
Con
NYG
BW & W
BR & P
Booo
Saece
St L&i
M & St
Cal Gs
Ilioo O & St
Tol & So
T&nocon
F&i
Tol & O C
S & At
ONG
L& BS
Pac
Flock
Wien
Ee Day & Co
At&s
England
Filison Elec
Bell Tel
Rco Cmn
Atlantic Aioe
Test & Mont
Bost & Albany
Butte & Bost Boat & Me
Cal
Posten
Wnion Pac
Readian
West End
Vandotte Eeee
Allouez ‘ Beers
West Elec Atchison
Federal Treasury
Total
Consolidated Exchange Sales
Walker Brothers
Broadway
Railroad Gazette
St Louis
Central of
de Haven & Townsend
Wall-st
Amer Ry Co
Penn Steel Com
Asph Co
Brooklyn Gas
Penn Bleeh Co
Cambria Stee
P Ry Co
I. Phila Blee Co
Choctaw Ry
Phila Traction
Phila & Eric
Elec St Bat Co
Pitts
C Tr Co
Roch P Ry Co
Susque I & Sd
Tidewater Steel
UN Cos
N J
Ins Co
N A
Union Traction
Lehigh
Val RR
Welsh Light Co
Marsden
North Penn
Welsh Com
Penn RR Co
Coot Am
Union Trac
KC P & G
Lake Superior
New Pass
Phila Co
People's Tr
Diamond Steel
Wall Street and Exchanges
Colorado Springs
Theolorado Springs Mining Stock Exchange
William P. Bonbright & Co
Alamo
Pinnacle One
Portland
Pilgrim Consol
Rose Maud
Acacia Uss
Rose Nicol
Battle Mountain
Col City & Man
OS Argentum
Copper Mountain
Bo Damon
Creek Consol
Garfield Consol
Elkton Consol
Findley
Ingham Consol
Dhs
Lexington
Mount Rosa
Moon
al Pappoose
Frederic H. Hatch
Pia
Askea
Amer
Agricultural Chem
Agricultural Ch
A&o
American Book Co
Ide & Leather
Press Association
Soda Foun
Soda
Arizona
Barney & S
Columbia” Copper
Ches, & Pot
Chesebrough Mfg
Claflin
H. B
Electric Vehicle Co
Empire & Bay State
Empire Steel
Flemington Coal & Cee
General Chemical
Havana Commercial
Herring—Hall
Marvin
Herring-Hall
Hoboken
Ewes
Hoboken Land
Imp
Hudson River
J. B. Stetson
J&ji J. B. Stetson
J&j
Madison Sq. Garden
Markeen Copper
Mosler Safe
National Enamel & Stamp
National Enamel & S
National Gramophone
National Wall Paper
New-England
E.R
Y. Loan & Imp
W. N
N. J. Tel
N . el. Veh
Otis Elevator
Old Dominion
J&éd
Penn
Bessemer & L
Pratt & Whitney
Procter & Gamble
Royal Baking
Swift Aedeesnes
St. Ferry
Tennessee Copper
Trenton Potteries
New
Union Switch & Signal
Union Switch & Signal of
Union Steel & Chain
Union
Union Typewriter
Aé&Éoo
Ss. Glass
U S. Glass
Westinghouse Air Brake
Worthington
M&n
Acker, Merrall & Condir
Ia&j
Barney & S Carale Men
Brooklyn Ferry
F&n
Cc. & O. Grain Elevator Inc
J&d
Hecker-Jones—Jewel
Oes M&s Hoboken L. & Iee
International Silver
Madison Square Garden
Terre Haute
Sir Gadsden and Attalla Union
Gees Inc
Inc
Fulton Street
Iz Inc
Crosstown
Cortland & Homer Traction
Incom
Eeneceentereres
NY &E R
Mutual Standard Com
New Amst Gas
Balt Consol
Ind Gas
K C G
We Buffalo
Mad
Chegl&f
Colum Gas Pitts C Gas
Saf Ch&lc
Denver
St Paul Gas
Detroit
Tdo Consol
Syracuse Gas
Gr Rapids Gas
Western Gas
Wa IN & IG
Jn Ence Eee
Indianap Gas
tEx Dividend
tEx Coupon
Lous
Omaha & ST. Louis Railroad
Union Trust Company
Wes Tone
Suhe
Emlen Roosevelt
Cornelius B. Gold
Francis Smith
NESS
NAL
AVICE
Miidend
C. W. Hillard
Maryland Coal Company
Board of
H. B. Nedham
Tribune
Uptown
List-st
Sth-ave
A . Cor
With-ave
12Th-St
Macy's
11Th-St
Columbus-ave
Déth-Et
6Th-Ave
7Th
47Th-St
76Th
77Th
Soth—St
Sd-ave
Bleecker-st
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!