Market roundup shows stock declines and firmer sterling
Closing prices yesterday for major securities reveal further stock declines while Sterling exchange firmed. Bond and money markets show mixed moves as reports on crops weighed on values and traders adjusted positions from Saturday.
Stock market notes show light trading and uncertain outlook
Market activity was light and prices generally weak with most issues under last week’s close. Bulls falter as investors await clearer signals, while a rally may come only with reduced uncertainty and renewed buying from major interests. Wheat rose on dry weather and mixed crop news, while corn fell. railways and select securities led activity as the day ended.
MENTIONED IN THIS ARTICLE
Atchison Preferred
Baltimore and Ohio
Burlington
Federal Steel
Missouri Pacific
Reading First
St. Paul
Union Pacific
Bonds Market Report Shows Steady Government Bonds
The day’s bond operations show a steady government bond market with final quotations listed for various U S issues and a total railroad bond sales value of 1 068 500 par. Heavy activity centers on Atchison and Baltimore and Ohio issues and several 1st incomes and 4s from multiple railroads.
MENTIONED IN THIS ARTICLE
U.S
U. S. Ss
U.S. Ss
Atchison
Baltimore and Ohio
Central of Georgia
Chesapeake and Ohio
Colorado
Southern
Erie
Missouri
Kansas
Texas
Northern Pacific
Toledo
St. Louis
Kansas City
Union Pacific
American Securities Abroad Buoyant Opening Sees Steady Close
London market for U S securities opened higher and held a firmer tone through the day with moderate demand. By close, prices eased slightly but remained steady. Notable quotes included Atchison 2 3 4? Canadian Pacific 4, St. Paul 117 1 2, Illinois Central 115 4, Louisville and Nashville 79, Union Pacific preferred 75, New York Central 1224, Erie 12, Pennsylvania 66, Reading 8, Erie first preferred 26, Northern Pacific preferred 76, Grand Trunk 6, Anaconda.
MENTIONED IN THIS ARTICLE
London
Atchison
Canadian Pacific
St. Paul
Illinois Central
Louisville and Nashville
Union Pacific
New York Central
Erie
Pennsylvania
Reading
Erie First
Northern Pacific
Grand Trunk
Anaconda
Albany
Amer
Amer Express
Amer Malti
Am Smelt & Raz
Tel & Cable
Amer Tobacco
Ann Arbor
Bali
Ohio
Benyal
Lie
Brunswick Co J
Buff R & Pitts
Burcr
Canada South
Capital Era Co
Central of NJ
Ches & Ohio
Mil & St P
Chic & Northw
Chic RI & Pac
Ha & L
Clev L
Wheel
Clev
Pitta
Colorado South
Col & HC & I
Tet & Hudson
del Lack & W
Et den & Rio Gr
Des M& Ts
Erte Railond
Evans & T Aes
Claflin Co
Hocking Valley
Lex div
Iowa Central
Kc¢ P&g
Keck & Des M
Laclede Gas
PAIS
Cos
Long Island
Inuis & TT
Manhattan
Michigan
Minn
St Louis
Pacific
Bile
Ris
Essex
Assas
Biscuit
National Tube
Oom Co
Gary
National Steel
Aily
Cent Coal
H&e
Ss L
Lack & Wa
NYN
HH & H
Ont & W
MN &Ig
Ontario Mining
Pere Marquette
Pacific Coast
Pacific Mall
Penn Coal
Peoria
East
Ch & St L
Repub
Ain
Rens & Sara A
Tom Rio
Rome
W & Oz
St Jos & Gr
Ft Louis
Sixth Ave
Southern Pac Co
Southern Ry
R & TI
Ti Tenn Coal & Pan
Texas & Pacific
Hero Land Trust
R. Janasg
O Central
Vu Rubber
Welle Fargo Sl
Money and Exchange Rates Summary In the National Ledger
Money on call at 1 to 2 percent with 1 percent ruling rate. Time money ranges 24 to 26 percent for sixty days and up to 3 3 percent for four months. Commercial paper 3 9 14 percent for three to six months for top names. Foreign exchange market firmer with varied sight and sixty day rates. Bankers post and domestic exchange figures listed for major cities. Bank clearings totals provided for New York Philadelphia Boston Baltimore Chicago and others. Bank of Germany weekly statement noted.
MENTIONED IN THIS ARTICLE
France
Antwerp
Berlin Reichsmarks
New Orleans
San Francisco
Telegraph
Cincinnati
Boston
Chicago
St. Louis
Savannah
Charleston
New York
Philadelphia
Baltimore
Bank OF Germany
Imperial Bank of Ger
Money market and exchange rates reported with mixed shifts
The report shows cash in hand up by 1.88 million marks and treasury notes rising by 0.9 million, while other securities fall 95.32 million and notes in circulation drop 29.88 million. London call money at 1 percent. short bills 2 1 4 22 percent. Berlin discount 5 percent. Paris and London exchanges noted.
MENTIONED IN THIS ARTICLE
Treasury
London
Berlin
Berlin Exchange
Paris Exchange
Paris
Madrid
Lisbon
Buenos Ayres
Rome
Stock Exchange Sales and Railroad Shares Reported
Stock exchange sales activity noted with railroad and other stock movements. Figures show aggregate values and noted price levels, reflecting market activity for the period.
Bonds and Stocks Market Summary
The page lists numerous bond and stock quotes across U S bonds, canal and railroad issues, and utilities. Prices range from 48 to 150, with totals noting $1,690,500 in total sales. Strong entities include Union Pacific Ist 48, Reading Gen 4s, and Wisconsin Cent Gen 4s among others.
MENTIONED IN THIS ARTICLE
Cent Ist Inc
Mo K & E
Adams
Mo Pac Trust
Ealt & Ohio
Do Ist Inc
Aw & O
Ely
CB &Q
CM & St P
Chic & NW
I & Ge
PM & O
Soo CCC
Col & So Lst
G& Elh & P Se
NH & H
Nor & W
Nor Pac Gen &S
Pee & E
Ren & Sar
Rio G
Ig Rk
South Ry
Ts & M
Ug & Ir
Tex & P Ist Sa
WHS
St L& KC
Union Pac
Hoese
Ieee
HF &S
Iowa
Treasury statement shows assets and receipts with balances
Washington reports the Treasury divisions of issue and redemption, totals for gold, silver, currency and notes, deposits in banks, and current liabilities. Receipts today are 2,377,484 with expenditures 1,960,000. year to date receipts 534,206,253 against 469,043,498 in expenditures.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Sona Oconee
United States
Conan Webs
Poigdy Tas
Wall Street Notes and Foreign Trading Summary
Market closed weak with Standard Oil at 14 548. London prices rose as arbitrage houses bought about 30 000 shares. Dividend outlook for Louisville and Nashville unsettled with a possible 2 percent payment. Omaha dividend noted at annual meeting.
MENTIONED IN THIS ARTICLE
Standard Oil
Havana
Bay State
Markeen
Amalgamated
Amsterdam
America
Sloss-Sheffield
New
American Steel and Wire Common
People’s Gas
General Electric
New York Central
Northwestern
Northern Pacific
Rock Island
St. Paul
Sugar Refining
American Tobacco
Manhattan
Pennsylvania
Delaware and Hudson
Tennessee Coal and Iron
Southern Railway
Jersey Central
Brooklyn Rapid Transit
Federal Steel Common
Atchison
Union Pacific
Louisville and Nashville
Chicago
Burlington and Quincy
Consolidated Gas
Missouri
Pacfic
Federal Steel
Third Avenue
Western Union
Continental Tobacco
National Steel
National Tube
Pennsylvania Steel
Pennsylvania Steel Company
Louisville
Nashville
Omaha
Dividend Declarations At Northwestern Utility Firm
The Chicago, St Paul, Minneapolis and Omaha common stock is set on a 5 percent basis with the annual 7 percent preferred dividend declared. The annual report was submitted and published. Pacific Mail bonds rumor denied by C P Huntington. 350000 ounces of silver to Europe aboard United Metals shipments. Speyer & Co set June 15 payout terms for Western New York Railway negotiable receipts offering $9 per share and $200 per income bond with proportional returns.
MENTIONED IN THIS ARTICLE
Chicago
St. Paul
Minneapolis
Omaha
Pacific Mail
C. P. Huntington
Pacific Mail Company
Europe
United Metals Selling Company
Western New York
Speyer & Co
Western New York and Pennsylvania Railway Company
Buyers and Sellers in Yesterday's Market
The market summary lists principal buyers and sellers including J F Carlisle buying Sugar Refining, A A Housman Co purchasing Northern Pacific, Charles Head Co buying Union Pacific, F D Winslow acquiring St Paul, J M Amory Son buying St Paul, Halle Stieglitz selling Baltimore and Ohio, and Street Norton buying Northern Pacific common. Numerous firms traded Missouri Pacific, Atchison, Reading first preferred, and other rail equities among a long roster of entities.
MENTIONED IN THIS ARTICLE
J. F. Carlisle
B. J. Harrison
R. Davis, Jr
Atchison Preferred
Moore & Schley
A. A. Housman & Co
Northern Pacific
C. C. Goffe & Co
T. W. Myers & Sonsola
F. D. Winslow
St. Paul
Charles Head & Co
Union Pacific
London
Atchison Common
R. A. Fairburn
Chicago
Burlington and Quincy
James & Moore
W. L. Stow & Co
I. &Ece Wormser
J. Honigman
E. T. Bogert
Cruikshank & Co
Niles Bros
G. P. Butler & Bro
Missouri Pacific
E. T. Bragaw
Rudell and Lathrop & Smith
I. & G. Wormser
Reading First Preferred
E. & C. Randolph
Halle & Stieglitz
Louisville
Nashville
Rock Island
Southern Pacific
A. de Cordova & Co
J. J. Manning
W. B. Wheeler
J. M. Amory
Ohio
T. L. Manson, Jr. & Co
Colorado Southern
Mendham Bros
Baltimore
J. H. Sulsbacher & Co
Brooklyn Rapid Transit
Sharp & Bryan
J. Kirkner
J. Bianchi
I. F. Mead & Co
Sugar
J. M. Amory & Son
Jones, Maury & Co
C. BE. Knoblauch
Henry Clews & Co
Street & Norton
Northern Pacific Common
Gold Shipment to Europe Reported as Banks Gate Liquid
A near end of business note says a 2.5 million dollar gold shipment to Europe on steamers would depart Thursday. Sterling exchange rose a cent, Berlin discounts up to 5 percent for first time since April. Local money demand is light, banks gain from New York Sub Treasury, Klondike gold move unlikely to surge deposits, prime mercantile paper dull at easy percent.
MENTIONED IN THIS ARTICLE
Europe
Sterling Exchange
Berlin
New-York Sub- Treasury
Klondike
San Francisco
Denver
Seattle
Anthracite Coal Outlook Sees Harmony Despite June Pressure
The June note from the Anthracite Coal Operators Association says most selling companies can act in unity if prices rise and expect strong fall business. June and July are pivotal for fall prices, unless some push tonnage to the market as in prior years. Delaware Valley and Kingston Railroad project boosts operator relief and public access to coal at lower daily necessities prices.
MENTIONED IN THIS ARTICLE
Anthracite Coal Operators’ Association
Delaware Valley and
Kingston Railroad
Northern Pacific Dividend Decision Delayed
Northern Pacific directors will meet Friday to decide on the common stock dividend. They delay to seek Mr Morgan's advice on raising the rate to a four percent basis. Wall Street now questions an early increase despite large year end earnings.
MENTIONED IN THIS ARTICLE
Northern Pacific
Morgan
Europe
Wall Street
St Pauls Earnings for First Week in June Decline
ST PAULS earnings for the first week in June total 709 746 dollars, down 49 225 from the previous year. The 1899 week rose 102 426 from 1898, and except for 1899 the current week set a record versus any matching week in the company’s history. Five year earnings listed with 1900 at 709 746 and 1897 at 1800 77 dollars.
MENTIONED IN THIS ARTICLE
St. Paul
Mexican National Earnings Rise in April and Bond Balance Grows
Gross earnings in April rose by 112 349 with net earnings up 6 370 and bond balance increasing to 148 326 after deductions, up 22 391 from April 1899. From January 1 net earnings total 145 442, and the bond balance by April 30 reaches 551 065, up 14 593.
May exports from New York port total domestic value
The May domestic export value from the port of New York is reported with the actual figures. The data lists totals by commodity and destination, reflecting the month’s trade performance at the harbor.
MENTIONED IN THIS ARTICLE
New York
May 1900 Trade Figures Show Porto Rico Exports Included
In May 1900, exports totaled 216 787 884 dollars with 184 082 877 going to domestic destinations and 148 824 057 to others. The May figures include the 432 510 dollars of exports to Porto Rico.
MENTIONED IN THIS ARTICLE
Porto Rico
Railroad earnings show gains amid June traffic rise
First week of June earnings rose despite heavy traffic receipts versus a year ago. Rail routes including Buffalo to Pittsburg and Milwaukee to St Louis report gains, while lines like Wheeling and Lake Erie show decreases amid mixed results for the Central and Grand divisions.
MENTIONED IN THIS ARTICLE
MT Apts Saints
Snees
Buffalo
Rochester
Pittsburg
Milwaukee and St. Nd
Lorain
Wheeling
Edo
Ohio Central
City
TNT
Ind
Sile
Terre Haute
Ville
Indianapolis
Lake Erie
Worth
Rio Grande
Cesssourt
Kansas
Texas
Joseph
Grand Irland
Outside Securities and Active Issues in Copper and Utility Stocks
A price table lists various industrial and utility stocks including Amalyx Copper Amer Ag Chem Cal Copper Empire State and New Eng Gas among others. Quoted figures show recent bids and asks with preferred and common shares, reflecting a snapshot of market activity.
MENTIONED IN THIS ARTICLE
Amalyx Copper
Amer Ag Chem
Am Air Power
Am Bicycle Com
American Chicle
Am Ginning Co
Arizona Lead
Bay State Gas Hunt Cal Copper
Cal Copper
Chic & al
Electric Penne
Elec Pneu
Empire State S
Empire Sit Com
Jeske
Havana
Markeen Copper
Nat E &'S
Tr Co
Otis Elevator
Rub Goods Co
Sloss-Sheff
St L St Ry
Tel Tel & C
Tenn
Union Copper
IP Co
West U
Wheat Market Mixed as Northwest Stress Drives Chicago Close
Wheat futures rose briefly with July 2% to 2% gains before closing 2c above Saturday. Crop damage claims surged. Northwest reports warned of the worst spring wheat outlook since 1888. Minneapolis and Duluth prices climbed quicker than Chicago amid limited trade. Visible supply fell 27,000 bushels as government data awaited.
MENTIONED IN THIS ARTICLE
Chicago
Northwest
Minnesota
South Dakota
Minneapolis
North Dakota
Aberdeen
Duluth
Also Mentioned on This Page
Am C &F
MK & T Pt
North Pacific
Stl & Wire Nor @ West
NY Central
Nyokw
NY Air Brake
Peo Gas Co
Stl Co
Ata Am Hoop
I Penn RR
Bait & Ohio
Bile Steel
Chic Gt
Southert Ry
Con Tobacco Sa
Texas & Pacific Lbs
Fp&i
Cal & South Federal
Mex Cen 1St Inc
Ates F
Ts MK & T
Baos Sot North Pac
Onn Ot Gist Inc
Gol & South
Wabash D Bs
American Securities Abroad
Money and Exchange
THE
Stock Exchange
Nitatec
Federal Treasury
Consolidated Exchange Sales
Ing
Am Steel & W Baty
Chi Mil & St
Chiri&p
Col Fuel & I
Cent Tobacco
Casmos Steel
Gould & Correderal
Isabella
Little Chief
Louis & Nash
Manhattan Gy
Mo K & T
Mo Pacific
Gibson
Central
Sts
Semir Snnenes
BOO Pacific Mail
Pharmacist
Republic Steel
Tenn Coal &1
Wall Street and Exchanges
ST. Paul's
Outside Securities
New York City
Columbia
Gansevoort
Hamilton
Mount Mo
ROC Mutual Vetees
Oete
Riverside
Twelfth Ward
Union Square
Yorkville
Brookly
Bedfor
Broadway
Brooklyne
Eighth Ward Ee
Bsee
Fifth Avenue
Kings County
Rae
Ae Hom
Tae
Nassau
Tinton
Wallabou
Bond Bank of State Island
First National
Nat'l
Jersey City
Hudzon County
Jersey
Nat'l Jersey City
Nat'l Hoboken
Hoboken
BORSA
Nat'l Banks
tEx
Hide & L
Shia Wonet Loberg
P C Prat
N & N J Tel
Barney & S Carbee
Pitts B & L LE
Snes
Procter & Gam
Pratt m Whitney
Enere
Milwaukee
ST. Pacl
Singer Mfi Co
Swift & Ns
Trenton Potteries
Cramps
Cleveland
Canton
Union
Hudson RT
Evansville
Sages Ferry
Ny&er
Union Ferry
Fort Worth
NY & E R
Uee
New Amst
Ind Gas Ist &S
KCG Co
RIO Grande Southern
Chegl&f ‘Do
Beeld & Coke
PG &C
Esresty Do
Ind Gas
Colum Gas
Pitts c Gas
Saf C H & L Co
St. Joseph
St Paul Gas
Detroit Inc
Syracuse Gas
Twin City Rapid Transit
Gr Rapids
Western Gat
Rio Grande Western
Western
Mexican National
Anta FE
Prescott
Phoenix
Heeslehigh Valley
Deflett Eecetereres
Clinton Gilbert
Wall-st
Atlantic
Amer Suret Co
Ba & Mtg R Co
Bankers
Brooklyn
Quar
Tate ‘ City
Continental
J. Farmers
L & Tr
F. Flatbush Fifth Ave Tr Co
Franklin
Franklin Eetenes 000,000 275 500,000 10 Quar. J. A Guaranty Tr Co
Ger-Am Real
J . Quar
Juar
Knickerbocker
É&J. Lawyers’ Surety
T & Ins
T Mercantile
Morton
Metropolitan
Nat'l Surety Co
F. A
North Amer Co
Bs. &J
Y L. In & Tr
Security & T
de Haven & Townsend
Amer Ry Co
Penn Steel
Oo Asph Co
Brooklyn Gas
el Veh Co
Cambria Steel
Elec St Rat Co
Pitts C Tr Co
Susque I & Sti
Tidewater Steel
Elec Co
Am Oe Bt
UN Cos
N J
Elec Auto
Union Traction
UN Gas Imp Co
Ins Co
Welsh Light Co
Lehigh Navy
Wilgote Ls
Val RR HT
Welsh Com Co
Marsden
Penn
Rco
North Penn
WNY & P
As Co
Union Trac
Ind P Ry
Lake Suerie
Phila Co
Diamond Steel
R. L. Day & Co
At&s
England
Bell Tel
Moe
Old Dom Mag
Bost & Mont
Sue
Bost & Albany
Butte & Bost
Bost & Me
Cal & Hecla
Centennial
L ‘Fitch
Quincy
Arcadian Wees
West End
Wyandotte
Allouez
West Elec
Dominion Coal
Colorado Springs
Colorado Springs Mining Stock Exchange
Wiliam P. Bonbright & Co
Alamo
Portland
Battle Mount Argentum
Col City & Man
Garfield
Elkton
Fingleyther
Ingham
Lexington