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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 10, 1910
Page
4
The Board of Directors declares quarterly dividends of two percent for Columbia Trust Company and a special extra interim dividend of five percent for Nipissing Mines Company. Dividends are payable to stockholders of record June 16 1910 for 1910 issuances, with transfer books and payment offices opening as noted.
The Forty fourth annual meeting will be held at the Institution office on Saturday June 1919 at three p m The Anniversary exercises follow the business meeting Speakers include Rev Dr F B Van Kieck Rev Dr George R Van de Water Ladies Auxiliary Board will hold a reception at close of exercises Committee of Arrangements Anthony De Frederic Wagner Montgomery H Clarkson President Frederic C Wagner Secretary Israel C Jones M D New York Mar 27 1910 Notice to stockholders of the Associated Lawyers Company Annual Meeting at office No 170 Broadway Manhattan Borough New York June 15 1910 at eleven oclock a m Election of directors will be held WM E Raynor Secretary Advertisements and subscriptions for The Tribune at Upton Office 1364 Broadway and branch offices at regular office rates until 6 oclock p m
The Tron Age TM released its May iron production figures for the United States. The Tribune published a preliminary report yesterday showing May totals in gross tens, compared with other months this year and the prior two years, including October September August June figures.
London and Paris stock and bond markets show mixed moves with consolidations. Consols rise while Canadian Pacific and Grand Trunk advance, Rio Tinto weak, rubber shares strong, and American securities opening above parity before fading. Bank rate cuts spark late uptick amid weak settlement activity and lower prices.
London reports a rise in total reserves by 11,122,060 while drawings fall 369,175 as bullion and deposits shift. The Bank of England reserve ratio rises to 51.30 percent, with the discount rate cut to 6 percent. Germany’s Imperial Bank sees declines in cash and loans, while France notes higher gold on hand and delivery on hand.
Disjointed OCR data shows yesterday closing quotations for government bonds with mixed percentages, bids and asks, numbers, and scattered references to coupons, regimes, and locations. readable entities include Paris, 1938, and Wy but most details are illegible, producing a fragmented bonds note with no clear lead outcome.
Stock prices advanced amid light trading with bank stocks leading. The day closed with mixed quotes as Fourth National shows unusual figures while total sales for the day reach 460,295 shares. For the period January 1 to June 9, total shares traded amount to 88,426,939 versus 89,251,168 in the prior year.
Financial markets showed net gains in a larger set of issues amid lackluster demand. Short-covering by professionals boosted unions like Union Pacific US Steel Reading and St Paul while Bank of England reserve ratios and dividend prospects shaped sentiment. analysts foresee lower quotes in summer despite solid intrinsic value for American securities.
A dense OCR laden page lists bond sales figures and prices across United States government and corporate issues. It notes totals for bond sales, various 4s and 5s securities, and references multiple issuers such as C & O, Erie, and Union Pacific with percentages and amounts, followed by a long list of bond prices and yields and ending with a few market quotations and a dated furnishing note by R. L. Day & Co.
The report lists last actual sales and closing quotations for stocks with no transactions yesterday on the New York Stock Exchange. It records the few trades that occurred, noting price and volume where available, for the stocks that remained inactive.
The consolidated market saw prices mainly under the NYSE range as room traders stayed short. Total daily volume reached 86 060 shares across 45 stocks, with United States Steel leading activity followed by Reading Union Pacific and Amalgamated Copper amid ongoing selling pressure and price declines.
Philadelphia stock quotes show bid and asked prices across rail utilities and manufacturers. Key names include Lehigh Navigation, Penn RR, Philadelphia Electric, General Asphalt, Smokeless Powder, and Lake Car. Dividend remarks appear with various pref and par values.
A fragmented list of collateral trust notes with issuers such as American Cigar, Bethlehem Steel, Erie, Hudson Cos, Interborough T R, Lackawanna Steel, and Southern Railway. Notes show varying maturity dates from 1910 to 1918 and interest rates around 4 to 6 percent.
Trading in outside securities was light with small fractional changes and irregular trends. Copper issues showed minimal movement while Goldfield stocks remained firm on moderate activity and silver stayed quiet but steady. Industrial list and bonds were largely unchanged as detailed operations followed.
Snapshot of assorted mining shares and stock quotes including Amalgamat 3% Kerr Lake Beaver Cons Nipissing Nova Scotia Cobalt Cent Jophir Temiskaming Hudson Bay and several named merchants and brokers with varied percentages and prices, reflecting a market page from a historical mining region.
Foreign houses sold stock in the local market totaling 15000 shares. Dividends declared include American Locomotive Convoy 1 percent on preferred, Mount Morris Bank 23 percent, Lawyers Title Insurance 3 percent, Coal and Iron National Bank 1 percent, North Star Mines 5 percent, United Gas Improvement 3 percent, Manhattan Airway 1 percent, Philadelphia Company 1+ percent, Phelps Dodge 250 dollars, Garfield Safe Deposit 4 percent plus 5 percent, Securities Company 2 percent, Royal Baking Powder 12 percent on preferred. Columbia Trust to certify municipal bond issues across Seattle, Schenectady, Atlantic City, Syracuse, Union County, Williamson, Ballston Spa, Altona. Seaboard Air Line to pay six months interest on new adjustment bonds. Steel market shows demand revival. copper price steady. Utah Copper bonds offered at par. May Department Stores director reshaping. New York Stock Exchange and New York City bonds listed with regular pricing notes.
Money on call opened at 2 percent with close at 2 percent. Time money showed quiet ranges from 3 1/2 to 4 1/2 percent for various terms. Mercantile paper firm at 4 to 5 percent for sixty to ninety days and 0 to 4 percent for other notes. Foreign exchange opened a shade easier with cables at 4.8695 and sterling around 4.869, with bills quoted and updated as rates moved. Bankers posted rates show mixed levels across six markets. Domestic exchange across cities listed with discounts and premiums. Bank clearings for New York, Chicago, Boston, Baltimore, and St Louis reported sizable activity. Silver and gold markets noted shifts with London bar silver at 49 1/16d and Madrid gold premiums at 6 1/2 percent. Mexican exchange to New York quoted at 2.91 percent. Government receipts showed total $2,257,275 for yesterday with ordinary year-to-date receipts at $7,214,26 and expenditures higher by billions compared to last year, including Panama Canal and public debt accounts, with overall excess expenditures over receipts around $43 million. Sub-Treasury activity noted as debtor to Clearing House.
7 percent stock for sale. 20 biscuit stock guaranteed to be saleable. Buyer to confirm purchase in one transaction. Bonafide sale of stock as stated. Local sale not indicated. press Bonafide.
A dense catalog of stock listings and prices appears, listing numerous companies and trading references across streets and routes in New York and surrounding areas. The fragment references various rail lines, gas and iron companies, and local lines such as Albemarle and Susquehanna, with price figures and initials indicating market quotes.
A scraped list of stock notes and financial securities across numerous companies and instruments. Entries include American Brass American Chicle American Type Founders du Pont Empire Steel and Iron International Nickel Royal Baking Powder Texas Company Union Carbide Union Typewriter and various bank and utility listings with prices and prefixed notes, reflecting a wholesale securities column.
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