Stocks Rally as Traders Push Prices Higher
Closing prices yesterday for principal active securities show gains across equities and bonds, with traders driving a broad rally in gold exports today and notable net changes from Monday's levels.
View this page and access billions of articles with a 7-day free trial.
Start Free Trial
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!
Not what you were looking for? Search our billions of articles
Articles on This Page
This newspaper page contains 22 articles. Subscribers can read the full text of each article.
Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 13, 1900
Page
4
Stock market steadies with cautious optimism and potential bull move
The market firmed after early weakness amid a trader driven rally led by Sugar Refining as short covering boosted prices. Railways heavy, steel down, industrials mixed while government crop reports matter less than earnings for June. investors favor gradual, well margined purchases for a future bull era.
Bond Market Report Highlights Major Railroad Issues
The days operations in bonds show market firmness with total par value sales of 1 116 200, down from 1 690 500 on Monday. Leading issues include Atchison and Baltimore and Ohio 4s Southwestern division 81 and a half, Central Pacific 4s, Chesapeake and Ohio 4 4s, Cleveland Cincinnati Chicago and St Louis general 4s, Colorado and Southern 1s 4s, Missouri Kansas and Texas 244s, Norfolk and Western 4s, Northern Pacific 8 8 and 4s, Reading general 4 5, St Louis and Iron Mountain 5s, St Louis Southwestern 2ds, Union Pacific 4s and Wabash debentures B s.
MENTIONED IN THIS ARTICLE
Atchison and
Baltimore and Ohio
Baltimore and
Oho
Southwestern Division
Central Pacific
Chesapeake and Ohio
Cleveand
Cincinnati
Chicago
St. Louis
Colorado
Reading General
St. Louis and
Iron Mountain
Am Steel
Fey
Rel & Cabie
Ann Arbor
Arch Top &S
Eali
Ohio
Btklyn UN Gas
Brunswick Co
Bor Re Pitis
Eo A
Eseseves
Pur
R_& Nor
Canada South
Canada Pacific
Ene Capital Trac Co Ee
Central of
Ches & Ohio
Ind
Louis
Chie & N
Col C & 1 D Co
Clev & Pitts Ltd
Cecerses
Col Fuel & Iron
Chasenas Mid
Colorado South
del & Hudson
del Lack & W
den Aegd Gr
Siege
Eesteinieg
Erie Railroad
Evans & T H
Federal Steel
Oe Gas & Fl B Co
General Electric
Claflin Co
Hocking Veney
Tllinois
Biel
Iowa Central
Keok & Des M
Knick’bocker Ice
Laclede Gasa
Ae Santeri
Long Island
Eas
Louis & Nash
Man Beach
Manhattan Ry
Met
Street Ry
Lane Ya
Michigan
Ae Minn
St Louis
MetPas GM
Mo Kan & Tex
Missouri Pacific
Mobile & Ohio
Morris & Essex
eNat Biscuit
Nyc&hr
Lack & W
Nynh & H
North Ameria
Norfolk & West
Northern
Bedta
Aaa
O&m
Ontario Mining
Pere Marquette
Pacific Coast
Pacific Mail
Pennsylvania
Eae
Penn Coal Oor
Aes Peoria & Hast
Pee Dee & By
Pee Gas & C Chi
Ch & St L
Rens & Sara A
Rioer Western
Rome
W & Og
St Jos
St Paul & Dul.ames
Sixth Ave
Southern Pao Co
Southern Ry
Tenn Coal
Texas & Pacific
Land Trust
Tol & O Central
Ct TA Peo & Weat
Twin City
Wells-Fargo West Union Tel
London Stock Market Slips After Opening Dull
London reports a dull opening for American securities with slight initial gains. Later trading eased again leaving prices at Atchison 26 percent Canadian Pacific 9 percent St Paul 116 percent Illinois Central 115 Louisville and Nashville 70 Union Pacific preferred 75 New York Central 182 Erie 12 Pennsylvania 66 Reading 8 Erie first preferred 864 Northern Pacific preferred 75 Grand Trunk 7 Anaconda 8.
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
Money Rates and Foreign Exchange Markets Report
Money on call 1% per cent. time money 2 to 6 months at 2 to 8 percent, railroad collateral. Foreign exchange firm with cables and bank rates. domestic markets list discounts and premiums across New Orleans, San Francisco, Cincinnati, Boston, Chicago, and cities including Paris, Antwerp, Berlin. Bank clearings cited for New York, Philadelphia, Boston, Baltimore. Foreign money, call rate in London 1-2 percent. Berlin and Paris exchange and discount rates noted. Silver and gold prices listed in various markets including Madrid Lisbon Buenos Ayres Rome.
MENTIONED IN THIS ARTICLE
Fiders
Demanc, Sterling
Sneceverce
Paris
Antwerp
Berlin
Reichsmark
Bremen
Reichsmarke
Frankfort
Reichemerks
Hamburg
Reichsmarks
Amsterdam
New Orleans
San Francisco
Telegraph
Cincinnati
Boston
Chicago
St. Louis
Savannah
Charleston
New York
Philadelphia
Baltimore
London
Berlin Exchange
Paris Exchange
Port of New York 1598 1899 1900 figures close date
Historical port statistics show figures ending June 12 846 681 oars and 11 699 E January 1 227 007 981 081 0.031 for various years 1598 1899 1900 with notable data points and dates. The record preserves era values and formatting from the source document.
MENTIONED IN THIS ARTICLE
New-York
Bond Market Roundup From The Stock Exchange
Unlisted bond sale summary showing U 2 4s 1925 184% 5,000 units and Long Island Un 4s 1907 98% 8,000 units among many listed issues. Highlights include Balt & Ohio 8 0 100% 3,000, Reading Gen 4s 88% 8,000, Union Pac Ist 4s 45 1064, and Tex & Pac Ist 5 58% 5,000. Total bonds sold 1,116,200 dollars across numerous corporations and utilities with varied prices and yields.
MENTIONED IN THIS ARTICLE
Long Island UN
AT & S F Adj
Balt & Ohio
MK & T
KOO
NY G
SAO AO
Do Ist Inc
Norf & West C
Nor Pac
C&o
CC & St
CRI & P
CCC & SH
Col
City Gas Ss
M& Mlg
Ist Sa
Tex & Pac
Tol & DC Ist
Union Pac
FW & DC
KCP & G
Wilkes & Past
Colorado Springs Mining Stocks Quoted
Closing quotations on the Colorado Springs Mining Stock Exchange, furnished by William P. Bonbright & Co. of Colorado Springs.
MENTIONED IN THIS ARTICLE
Colorado Springs Mining Stock Exchange
William P. Bonbright & Co
Colorado Springs
Treasury totals show mixed funds and daily receipts
Washington reports begin with Treasury division data for reserve funds and redemption and issue divisions. It lists gold coin, bullion, silver dollars, certificates, and notes totals, then current mobilities and available cash. Government receipts exceed expenditures for the day, with month and year figures, including bank-note redemption receipts and large year-to-date surpluses.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Reserve Fund
United States
General Fund
National Bank
Wall Street Market Report and Dividend Declarations
Market closed dull with Standard Oil at 4 546. London prices higher and arbitrage houses bought about 25 000 shares in the local market. Gould dividends: Manhattan Railway 1 percent July and Western Union Telegram 1.25 percent quarterly.
MENTIONED IN THIS ARTICLE
Havana
Bay State
Markeen
Amalgamated
Amsterdam
America
Sloss-Sheffield
New-York
London
American Steel and Wire
People’s Gas
General Electric
New York Central
Northwestern
Rock Island
St. Paul
Union Pacific
American Tobacco
Continental Tobacco
Manhattan
Pennsylvania
Delaware
Burlington and Quincy
Consolidated Gas
Sugar Refining
Federal Steel
Third Avenue
Northern Pacific
Western Union
National Steel
GOULD
Manhattan Railway Company
Western Union Telegram Company
Market Leaders in Yesterday's Trade Highlight Missouri Pacific
The principal buyers and sellers in yesterday's market were Missouri Pacific and Winslow, with notable activity shaping the session. Detailed figures and counterparties remain partly obscured in the report.
MENTIONED IN THIS ARTICLE
Missouri Pacific
Winslow
Market Report of Trading Houses and Buys in Rail and Steel Stocks
Traders and firms show a flurry of buys and sells across rail and steel interests. St Paul, Raymond, Clark, Dodge & Co and Ames purchase. J R Williston & Co sells 1000. Northern Pacific and London buy 4000. St Paul and Kohn & Co buy. Kirkner sells. Tennessee Coal and Iron and Street Norton sell. Baltimore and Ohio and London buy. Homan sells. Atchison London buys. Northern Pacific Kirkner 1000 and Jones Maury sell. St Paul Wormser Housman Stow buy. Mendham and Levy sell. Union Pacific London buy. Mendham Keech Loew & Co and Ames sell. Baltimore and Ohio Housman London buy. Sultz bacher and Hollins sell. Chicago Burlington and Quincy Combs sell. Wire Kerr sell. Federal Steel Kerr and Pearl & Co sell. Missouri Pacific Mendham sell. St Paul I F Mead buys 1000. Tennessee Coal and Iron H Clews Co buy. Manhattan Thompson sell. St Paul Wasserman buy. Northern Pacific J Muir & Co sell. Baltimore and Ohio J M Shaw & Co buy. Western Union J M Shaw & Co sell. St Paul Kohn & Co buy 2500.
MENTIONED IN THIS ARTICLE
St. Paul, Raymond, Clark, Dodge & Co
Ames
J. R. Williston & Co
Northern Pacific
London
Housman
la Montagne, Minzesheimer
St. Paul and Kohn & Co
Kirkner
Tennessee Coal and Iron
Street & Norton
Baltimore and Ohio
Homan
Atchison, London
Mendham
St. Paul
I. F. Mead
H. Clews & Co
Manhattan
Thompson
Wasserman
J. Muir & Co
J. M. Shaw & Co
Western Union
St. Paul, Kohn & Co
Gold Exports Rise As Paris Demand Attracts Shipments
Gold shipments today appear as the cheapest remittance form with about 2 million dollars in bars slated for Paris via La Gascogne. Lazard Freres will export 1 million, and National City Bank with Heidelbach Ickelheimer & Co. about 500 thousand each. Weekly exports may total 3.5 million. Paris draws funds from abroad for visiting foreigners amid high francs due to low sterling. London shipments to Paris continue. Local money market unchanged though firmer in tone. little business, currency arrivals from the interior exceed shipments.
MENTIONED IN THIS ARTICLE
Paris
la Gascogne
Lazard Fréres
National City Bank and Heidelbach, Ickelheimer & Co
London
Toledo St Louis and Kansas City Plan Reorganizes Railroad
The Toledo St Louis and Kansas City Railroad Company outlines a new structure with a 10 million dollar prior issue 8 percent bond, 6.5 million first mortgage 4 percent bond, 10 million non cumulative 4 percent preferred stock, and 10 million common stock. Existing securities exchange details, voting trust terms for five years, and a bondholder meeting approving asset sale to Vermilye & Co. are provided, with over seven million of eight point eight two million bonds represented.
MENTIONED IN THIS ARTICLE
Toledo, St. Louis and Kansas City Railroad Company
Frederic P. Olcott
Thomas H. Hubbard
William A. Read
Vermilye & Co
Colorado Fuel and Iron Sees April Net Gain Rise
Colorado Fuel and Iron Company reports April net earnings up by 128,019 bringing the total since July 1 to 1,138,974 and ten month earnings to 1,965,531. With fixed charges and taxes at 600,000 for the year the surplus stands at 1,865,631 and may reach 1,500,000 by year end. The report notes no material change in business conditions and provides a table showing monthly earnings for 1899 and 1900 with April down about 11 percent from March this year after a 5 percent drop from March to April 1899.
MENTIONED IN THIS ARTICLE
Colorado Fuel and Iron Company
Mining Dividends by U S Metals in Five Months
United States metal mining firms reporting to The Engineering and Mining Journal paid out 16 561 885 in dividends for the five months ending May 31. Four core properties received 10 100 000 of the total with Amalgamated at 3 000 000 Boston and Montana 2 700 000 Anaconda 2 400 000 and Calumet and Hecla 2 000 000. Montana alone accounted for 6 227 000 or 87 percent of the state total, followed by Michigan 2 700 000 and Colorado 2 523 918 with other states contributing smaller sums.
MENTIONED IN THIS ARTICLE
America
Amalgamated
Boston
Montana
Anaconda
Calumet
Hecla
Stratton
Independence
Cripple Creek
Col
United Verde
Arizona
Mountain
California
Homestake
South Dakota
Michigan
Colorado
Utah
Idaho
Kansas-Missouri
Alaska
Washington
Baltimore and Ohio Earnings Rise in May Report
Baltimore and Ohio lines show May gross earnings up 702 047 and net earnings up 593 792, lifting total net gains since July 1 to 5 214 052. The surge results from high gross receipts and restrained operating costs, with heavy investment in road improvements preserving property value. Directors, guided by Pennsylvania policy, remain cautious on dividends despite strong results.
MENTIONED IN THIS ARTICLE
Baltimore and Ohio
Pennsylvania
Chicago Great Western Declares Semiannual Dividend and Interest
The Chicago Great Western directors declare a semiannual dividend of 250 per share on the preferred A stock for the half year ending June 1900, payable July 31. The 16th semiannual interest payment of 2 per share on the 4 percent debenture stock will be made July 15, 1900, to holders of record June 30, 1900.
MENTIONED IN THIS ARTICLE
Chicago Great Western
May exports show gains across breadstuffs and cotton
The May statement of exports from the Bureau of Statistics lists breadstuffs at 19,574,805 with an increase of 3,500,000, cattle and hogs at 2,863,510 with a 243,000 rise, provisions at 19,662,857 with 854,00 higher, cotton at 11,830,931 with 2,200,000 more, and mineral oils at 6,744,086 with a 1,500,000 increase, totaling 50,548,529 in exports and 7,611,000 in gains.
MENTIONED IN THIS ARTICLE
Bureau of Statistics
Railroad earnings by line and period across major carriers
The report lists miles operated and earnings for numerous railroads including Alabama Great Southern Baltimore and Ohio Southwestern Canadian Pacific Chicago and Eastern Illinois Denver and Rio Grande International and Great Northern Kanawha and Michigan Louisville and Nashville Mexican Central Mexican National Minneapolis and St Louis Missouri Pacific Central Branch New York Ontario and Western Norfolk and Western Pittsburgh Bessemer and Lake Erie St Louis Southwestern Southern Railway Texas and Pacific Toledo St Louis and Kansas City Baltimore and Ohio System. May and year-to-date figures show first week of June and totals from January 1 to June 7 with gross earnings, operating expenses, and net earnings.
MENTIONED IN THIS ARTICLE
Alabama
Great Southern
Baltimore and Ohio
Canadian Pacific
Chicago Great Westen
Chicago
East Illinois
Denver and
Rio Grande
Kanawha
Michigan
International
Great Northern
Ace
Louisville and Nashville
Missouri Pacific
Central Branch
Louis
Minneapolis
Norfolk and Western
New York
Ontario and Western
Pittsburg
Bessemer and
Lake
Southern Railway
Crete
St Louis Southwestern
Texas and Pacific
Toledo
Kansas City
Baltimore and
Ohio Southwestern
Illinois
Chicago Great Western
Louisville
Mexican Central
Ashville
UA Mexican National
Ignv
ST. Louis
Ontario
Norfolk and
Loae
Ware
Bessemer
Lake Erie
ST. Louis Southwestern
Oper
Inc
Baltimore and Ohio Southwestern Railroad Company
Seeas
Ases
Northwestern Weather Drives Mixed Chicago Wheat Rally
Wheat prices rose to the best level of the rally before pausing on Northwest shower reports. July opened 72 3/4c, traded 72 3/4 to 74 1/4c, closed 73 3/4c. September 1c premium. Government crop data were sidelined as Northwestern conditions dominated. Cables weak, receipts heavy, oats and flaxseed linked to wheat, pork and lard weak, hogs very heavy in the West.
MENTIONED IN THIS ARTICLE
Chicago
Snow
Dakotas
Minnesota
Northwestern Authority
Financial committee members listed for New York group
The group names LOUIS PITZGERALD GEORGE COPPELL EUGENE DELANO M D WOODFORD FRANCIS S BANGS J ALVIN W KRECH and ALMON GOODWIN as counsel, with address 120 Broadway New York, identified as Sec. committee members.
MENTIONED IN THIS ARTICLE
Louis Pitzgerald
George Coppell
Eugene Delano
M.D. Woodford
Francis S. Bangs
J Alvin W. Krech
Broadway
N. Y
Almon Goodwin
Also Mentioned on This Page
Amcéf
Jean Cent
American Ioc
Pacific
Amawa
Oats Am Stl & Ae Nor & West
National Tv
Tobacco
Y Central
Y Air Brak
Nyo&way Am Smelt
National Stee
North Amert
Amert
Pee Gas Co
Brooklyn
Preesed Sti
Balt & Ohiv
Penn RR
Republic St Chic Bar & Qcm&stppp
Southern Pacific
Chee & Ohio
Col F & I Co
Tenn C & Aereee
Col & South
Weather Louts & Nash
Whele LE
Met Street
Mo Pacific
Wabash
Wis Central
MéstLeersee
Union Ae
MEK &T
North Pac
B&o
Ome
Col & So Ist
Cocc&sle
Wabash Dbs
Dm&am le Stes
BONDS
U.S
U.B
American Securities Abroad
Money and Exchange
Madrid
Lisbon
Buenos Ayres
THE
Stock Exchange
Alamo
Pinnacle
Portland
Union
Rose Maud
Rose Nicol
Acacia
Battle Mount
Federal Treasury
Ing
Top &Sf
Brook
Ches & Chio
Chi Bur & Qy
Chi Gt West
Chi Mil & &T P
Chi RI & Pac
Cable Csesae
Cal & Va
Rte
Isabella
Louis & NJ
Republic Steel
Stand Rope & T
Savage
Tenn C & I
Ing. Bush
Wall Street and Exchanges
Colorado Fuel and Iron
Outside Securities
Amer Ag Chem
New-Eng G & C
Iga Npy Et Tr Co
Bay State Gas
Brit Col
Royal
Chic & al
Rub Goods Co
Chic & Alton
Sloss
Ste
Tel Tel & C
Empire States
jUnom Steel & C
Flem Coal & C
Uscip
Gen Carriage Co
U S
U S Pneu H C. Do
West U
Stade
Mergenthaler
NY & NJ
Barney & S
B& L E
Procter & Gam
Coscack
Pratt & Whitney
Seeces
Celluloid Co
Sy CH &L Co
Singer Mtg Co
Con Firewirs
Swift & Co
Trenton Potteries Jeanes A Cramps
Gen Chemical
Tron
Heck-J-J
Hudson R
Brooklyn Ferry
Ny&er Seers
Hoboken
Union Ferry
Met Ferry
NY & E Rist
Bia
Balt Consol
Ind Gas
Buffalo G
Mad (Wits) Gas
Chegl&f *Do Ne
Aeresas
Eng G
Chic P Gé&c
St Joseph Gas
Denver Gas
Aieccare
St Paul Gas Eee
Detroit Inc
Do Consol
Syracuse Gas
Gr Rapids Gas
Western Gas
In& IG
Indianap
Clinton Gilbert
Wall-st
Astor National
Bowery
Butchers & Crow
Columbe
Continental Eee
J. É&J
East River
First National
Fifth National ZU
OO & J
Fifth Avenue
Fourth Nation
Fourteenth Street
Gallatin
A. & O. Gansevoort
Garfield
German Amer
Importers & Tract
J & J. Liberty
Lincoln
Stone
Manhattan Co
F. &Aa
Market & Fulton
Metropolis
Nassau - SM. &N
New—Amsterdam
NYNBA
Y County
J. N . Nat
Seaboard
Bhoe & Leather
State of N Masset
Twelfth Ward
Walker Brothers
Chicago Union Traction
Lake Street Elevated
Metropolitan Meret
Tess
National Biscuit
de Haven & Townsend
Amer Ry Co
Penn R R Co
Asph Co
Penn Steel
Brooklyn Gas
Cambria Steel
Penn el Veh Co
Cp Ry Co
Choctaw Ry
Phila el
N J
Union Traction
Ins
UN Gas Imp Co
Lehigh
Welsh Light Co
Val R R
Iwil Co
Marsden
North Penn
As Co
Union Trac
VO Ind P_ Ry Co
Lake Sumer
Sis New Pass
Phila Co Evevass
Diamond Steel
R. L. Dar & Co
AT &Sf
Atchison Ds
England
R Co
Atlantic
Bost & Mon
Bost & Albany
Butte & Bos Chie
Bost
Centennial
Fitch
Franklin Ey
Quincy
Misty Mexican Cent
Tamarack
Old Colony
Wolverine
Boston Elist
Naa
Arcadian
Seid Com
Vandotte Tees
Wheeling, Lake Erie & Pittsburg Coal Co
First Mort Pany
Mercantile Trust Co
Banking House
J. Overton Paine
Wall ST
Marein
Search the New York Tribune Today with a Free Trial
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
Not Finding What You Were Looking for on This Page of The New York Tribune?
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
Browse Newspapers
You can also successfully find newspapers by these browse options. Explore our archives on your own!
By Location
Browse by location and discover newspapers from all across the world.
By Date
Browse by date and find publications for a specific day or era.
By Publication
Browse old newspaper publications to find specific newspapers.