New York Tribune Newspaper Archives, Jun 14, 1900, p. 16

Stocks Close Higher as Buyers Bring Activity

Closing prices yesterday of the principal active securities show gains with strong buying interest. Net changes from Tuesday indicate broad advance across major indices and notable strength in key shares.

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Market Moves Higher as Stock Prices Rally Amid Uncertainties

Prices improved on the stock market yesterday despite unfavorable factors. Traders reported solid support from large interests, with many issues advancing and technical conditions encouraging a rally. Bulls expect continued strength exist while caution rises ahead of the Democratic National Convention and potential policy shifts.

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China Wall Street Bryan

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Bond Market Reports Firm on Government and Railroad issues

Final quotations show firm bid and ask levels for U S government bonds with 4s 1925 and 5s 1906 noted. Railroad bonds saw $1,135.04 par value sold versus $1,116.20 prior. heaviest trading included Atchison and Baltimore and Ohio Central of Georgia Chesapeake and Ohio and more across multiple 4s and 3s issues.

MENTIONED IN THIS ARTICLE

Askea U.S TU. S Atchison and Baltimore and Ohio Central of Georgia Chesapeake and Ohio Cleveland Cincinnati Chicago St. Louis Colorado Midland Missouri, Kansas U_S Cent Balt & Ohio Mox & T S. Pac Sou Nor Pac Ordeebe RTS Usiaad S & Cc R & T Inc We & G Beesesiessere Wilkes E Ae & Pp

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Money Rates and Exchange Markets in Brief

Money on call at 1 to 2 percent with 1 percent ruling. Time money quotes vary by term and collateral, railroad collateral at 3 percent for one year. Foreign exchange market steady with listed cable and sight rates. Bank clearings reported for New York, Philadelphia, Boston, Baltimore, Chicago, and Savannah. Foreign money markets show London call money at 1.5 percent, Berlin and Paris rates noted. Silver and gold premiums listed across major markets.

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Sociegne Reichsmarks New Orleans San Francisco Light Mwe Telegraph Cincinnati Boston Chicago Louis Charleston New York Philadelphia Baltimore Cicago London Berlin Berlin Exchange Paris Exchange Paris

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Treasury reserve and trust funds report summary

Washington on June 15 reports the Treasury divisions with reserve fund gold and bullion at 150,000,000. Trust funds redemption shows 727,437,179. Issue division lists 44 certificates outstanding and various notes and currency certificates. general fund figures appear incomplete.

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Washington Treasury Ee Cr General Fund

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Government receipts and expenditures report summary

Treasury figures show daily receipts of 1,828,089 with 1,060,000 in expenditures. Month to date receipts total 18,603,906 and expenditures 17,290,000, a surplus of 2,313,906. Fiscal year to date receipts reach 537,157,022 with expenditures 471,508,498, surplus 85,648,524. National bank note redemptions amount to 576,899.

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Asopuoutes Coscereresere Washington National Bank

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London Se curities Market Ends Firm With Close Prices

The London market for American securities remained firm from open to close with settlement in focus. Notable last prices included Atchison 27, Canadian Pacific 0 0, St Paul 117 1 2, Illinois Central 115, Louisville and Nashville 20 14, Union Pacific preferred 75, New York Central 132, Erie 12, Pennsylvania 66, Reading 8, Erie first preferred 36, Northern Pacific preferred 75, Grand Trunk 7, and Anaconda 8.

MENTIONED IN THIS ARTICLE

Actua Albany & Sus Agamsis Ile ‘ Am Car & G Amer Ees Amer Tobacco Ann Arbor Aiaa Aiae Ide Brunswick Co Op Canadian Pacific Capital Trac Co Erie Ind & Louis Mil & &T P Ch & N Chic RI & Pac Chstpm&co Clev & & Pitts Ltd Col C& ID Co — al Col Fuel & Iron Colorado Colorado South Consol Ga Tobarco del & Huda del Lack & W den & Rio G Federal Steel Arssla Rio General Electric Claflin Co Hocking Valley Ilinois Central Silver Stelowa Central KC P&g Keck & Des M Knick Icencan Laclede Gas LB & Western Long Island Man Beach Manhattan Rylanai Michigan Minn & Stouia Il Do Io Kan & Tex Missouri Pacific Mobile & Ghio Aw Morris & Hesex Biscuit National Lead HEI National Tube Co cl KNZ Stee Nyc&hr Nych Lack & W Nynh&h Ont & W North Amer Co Norfolk & Weat Paracel Ontario Mining Pere Marquett Penn Coal Pennsylvani Peoria East Pee Dee & Ey Peo Gas & C Pullman Rens Sarah Rome W & Ce St Jos & Gr I Bi &T L & San St Raaly Southw St Paul & Dal Siath Southern Pac Southern Tenn Coal & I Texas & Pacific Land Trust Tentral Cole Union Pacific Taymo U_S Express U S Leather Wells-Fargo West Union Tel Ut Boy Isis Eenetess London Atchison St. Paul Louisville and Nashville New York Central Pennsylvania Reading Erie First Northern Pacific Grand Trunk Anaconda Amalg Ag Chem Nat Salt Co Aminning Co Am W Co New-Eng G New-Eng Gas Arizona Tr Co Otis Elevator Bay State Gas le Prismatic Light Ae & al Cnie & Ae Sloss Tel Tel & C Tenn Copper Union Copper Union Steel & C. Praker Aly Flem Coal Gen Carriage Co We&let Central OF Georgia West U Hicago Cincinnati New Orleans Texas Pacific Mergenthaler NY &Nj Sy CH & L Co Swift & Sr Louisville Evansville ST. Louis Claflin Coast Pf Trenton Potteries Ss &E Gen Chemical Trow Directory Union Typewriter Minneapolis Sault Ste. Marie Heck-J-J Hudson Ohio River Decatur Brooklyn Ferry Hoboken Ferry San Francisco Union Ferry Met Ferry Sas Gas Companies Toledo New York Askea NY & ER Equit Ithaca Mutual New-Am Ga Ind Gas Inc K C Buffalo Wis Chegl&f Eng Oo& Ind Gas Colum Gas Sat CH & L St Joseph Gas Denver Ga Ae Les Peeves St Paul Gas Detroit Inc Do Consoltae Syracuse Gas Gr Rapids Gas Western Gas IN & IG Indianap

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Wall Street closes strong with Oil leading gains

The market ended firm as Standard Oil rose to 542 644 while peers like Havana Commercial and others posted varied gains. London purchased local stocks and arbitrage houses bought about 20,000 shares, with notable interest in Atchison and Baltimore and Ohio. Dividends declared included Knickerbocker Trust Company at 3 1 2 percent and Home Stake Mining at 25 cents per share with an extra 25 cents, totaling 5 773 750 paid to date. Atlantic and Danville 5s offered for refund into new first mortgage bonds with a 10 percent cash bonus. exchanges at Mercantile Trust up to June 22.

MENTIONED IN THIS ARTICLE

Standard Oil Havana Commercial Bay State Markeen Amalgamated Copper Amsterdam Gas America Sloss American Steel and Wire People’s Gas General Electric New York Central Northwestern Rock Island St. Paul Union Pacific American Tobacco Manhattan Pennsylvania Delaware and Hudson Tennessee Coal and Iron Southern Railway Louisville and Nashville Brooklyn Atchison Northern Pacific Baltimore and Ohio Third Avenue Continental Tobacco Western Union Jersey Central Missouri Pacific Knickerbocker Trust Company Homestake Mining Company Atlantic Danville F. J. Lisman & Co

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Market Activity Among Principal Buyers and Sellers

Yesterday's trading featured G. E. Dimock acquiring Minneapolis and St. Louis common stock while T. B. Williams bought 2500 shares of Federal Steel. Purchasers included W. H. Granberg & Co. in Chicago, Burlington and Quincy and London investors in Baltimore and Ohio, with several firms moving North American and American Tobacco stock. Multiple sellers included Pearl & Co. and Ladenburg Thalmann & Co. in various listings.

MENTIONED IN THIS ARTICLE

G. E. Dimock Minneapolis St. Louis T. B. Williams Federal Steel Pearl & Co W. H. Granberg & Co Chicago Burlington and Quincy R. W. Newton C. E. Chapman J. 8. Bearnes & Co 8. V. White & Co Sugar Ladenburg, Thalmann & Co Joseph Connah Northern Pacific Common London Baltimore and Ohio Common I. F. Mead & Co F. D. Porter Barnes Brothers American Tobacco Sharp & Bryan H. P. Gardner E. A. Levy F. F. Ames W. D. Hatch Hough & Rowland North American A. Carleton de Haven & Townsend

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Mendham Brothers and Investors Trade Major Stocks

Mendham Brothers sold People's Gas and 1,000 Baltimore and Ohio common while L W Wormser paid 117 for Sugar Refining. Multiple firms including Stow & Co and Wormser groups bought Reading first preferred and Tennessee Coal and Iron. Additional sales and purchases featured A A Housman Co Hedge Lounsbery Foster and T B Williams together on Federal Steel and Wire.

MENTIONED IN THIS ARTICLE

Western Common Mendham Brothers People's Gas L. W A. A. Housman & Co Hedge, Lounsbery & Foster T. B. Williams Federal Steel G. B. Thurnauer J. H. Griese & Co F. F. Ames H. I. Imbrie I. F. Mead & Co T. W. Myers & Son Joseph Connah J. F

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Gold Exports Set to Reach 3.59 Million Dollars

Gold shipments today total 3.59 million with 1.5 million from Heidelbach Ickelheimer & Co and Lazard Frères each and 0.5 million from National City Bank. Week exports likely offset Treasury receipts and interior disbursements, possibly nudging money rates higher while demand from mercantile and stock markets remains light. Western banks see favorable conditions and doubt need for substantial East cash for crop movement, with Treasury aid possible if tighter liquidity arises.

MENTIONED IN THIS ARTICLE

Heidelbach, Ickelheimer & Co Lazard Fréres National City Bank Treasury Paris Exchange London Paris Bank of France

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International Paper Stock Seen as Strong Investment

International Paper stock attracted buyer and speculation as earnings stay robust and debt is minimal. Analysts note the firm will end its year with solid preferred dividends and about double that for common, backed by conservative management and growing earnings. The company aims to avoid new notes, expects no major downturn, and foresees gradual price appreciation.

MENTIONED IN THIS ARTICLE

Pullman Standard Oil Company International Paper

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Minneapolis and St. Louis Railroad Declares Dividends

The Minneapolis and St. Louis Railroad Co announces a regular semi annual dividend of 2 percent on preferred stock and 1 percent on common stock payable July 16. For the year ending June 3 earnings totaled 291000 with fixed charges and a balance surplus of 108460 after dividends. Construction delays on the New Ulm to Illinois Central line reduced current income though 140 miles are being added with more to open in July.

MENTIONED IN THIS ARTICLE

Minneapolis and St. Louis Railroad Company New Ulm Illinois Central

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Sloss-Sheffield Declares 1 Percent Preferred Dividend

The Sloss-Sheffield Steel and Iron Company reports for the quarter ending May 31 show net earnings of 334 and a surplus of 97 188. Directors declare a regular quarterly dividend of 1 percent on the preferred stock.

MENTIONED IN THIS ARTICLE

Sloss-Sheffield Steel and Iron Company WOU Gan Elsie de Des Eecee Cass Juary

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Western Union quarter ending June 30 shows partly estimated 1899 figures

The Western Union Telegraph Company reports for the quarter ending June 30 with 1899 actual figures and this year partly estimated. Net revenues, interest on bonds, balance, and dividends are listed with surpluses and totals. The fat year ends with the June quarter and four quarterly statements yield the fiscal year results comparing to the previous year.

MENTIONED IN THIS ARTICLE

Western Union Telegraph Company Chang

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Coal Trade Journal notes steady hard coal demand

The Coal Trade Journal reports little change in hard coal with prices well maintained and potential gains in some directions. A active period follows July 4, with soft coal remaining strong and demand for better grades high nationwide. Interest persists in larger export trade of soft coal.

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Coal Trade Journal

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Mortgage bond and stock listings for multiple railways and companies

Summary of increased listings across several firms. Central Pacific Railway shows 5 percent bonds adding 1,296,000 to reach 54,743,000. Southern Railway adds 700,000 to total 30,155,000. Rio Grande Western Railway adds 700,000 preferred stock for 7,500,000 total. Chesapeake and Ohio increases 1,250,000 general mortgage bonds to 29,298,000. Mexican Central Railway adds 2,000,000 consolidated bonds to 62,442,000. Western Union Telegraph 19,000,000 4 percent funding bonds. Sloss-Sheffield posts 24,760,000 non-cumulative preferred stock and 7,500,000 common stock to 14,719,950. Philadelphia Company 3,998,350 preferred stock listed.

MENTIONED IN THIS ARTICLE

Central Pacific Railway Company Southern Railway Company Rio Grande Western Railway Company Virginia Brown Bros. & Co Committee of Settlement Brown Bros & Co Chesapeake and Ohio Railway Company Mexican Central Railway Company Western Union Telegraph Company Sloss-Sheffield Steel and Iron Company Philadelphia Company

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Securities Sold at Auction by Muller & Son

Securities were auctioned at New York Real Estate Salesroom by Adrian H. Muller & Son. Items listed include Detroit Hillsdale and a-s Railroad Company preferred and common shares, Brooklyn Trust Company stock, Mill Creek and Mine Hill Navigation bonds, Louisville Evansville and St Louis Railroad mortgage certificates, National Bank of Commerce shares, Fourth National Bank, Central Trust, Reading Fame claims, Utica Clinton and Binghamton Railroad bonds due 1939, Journeau & Burnham preferred, Herring-Hall-Marvin preferred, Winona and St. Peter Railroad bonds, Mystic Valley Water Company bonds, Huntington Gas bonds, Manhattan Life Insurance, Citizens Insurance, Toledo St. Louis and Kansas City Railroad, Produce Exchange Trust, Trust Company of America, Importers and Traders National Bank, and other securities with varied par values and due dates. The record lists both bonds and shares with specific quantities and institutions.

MENTIONED IN THIS ARTICLE

Detroit Hillsdale A——S Railroad Company Brooklyn Trust Ompan Mill Creek Mine Hill Navigation and Railroad Company Louisville Evansville St Louie National Bank of Commerce Fourth National Bank Central Trust Company Pennsylvenia Knitting Millis Efitentiarien Reading Fame Utica, Clinton and Binghamton Railroad First Mortange Journeau & Burnham Herring-Hall-Marvin Company Continental Truat Company Tasmas Winona and St. Peter Mystic Valley Water Company First Rrr Gage Huntington Gas Tom Mortgece Manhattan Life Insurance Citizens Toledo S. Louis Kansas City Railroad National City Produce Exchange Trust Trust Company of America Trust Company of Mertes Importers Fans National Bank

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Railroad Earnings and Dividends Decline Reported

A brief market notice reports railroad earnings and interest trends with a focus on tax related notes including tax coupons and dividend implications. The item highlights performance metrics and investor implications from the railway sector.

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Wheat market telegrams show mixed receipts amid drought impact

Chicago reports indicate wheat prices near last night as rains fail to revive the spring crop. Northwest led buying while locals booked profits on breaks. July traded 72.5 to 73.5 cents, closing around 73. The market notes heavy spring-wheat losses, estimated 15 percent to recoverable heads, with imports weak and rail shipments steady. Corn and oats follow wheat trends. flaxseed dips then recovers, lard sales continue, pork and hog prices mixed amid large receipts.

MENTIONED IN THIS ARTICLE

Chicago Esota South Dakota Northwest Minneapolis Armour & Co Liverpool Seaboard New York Dakotas Minnesota Illinois Armour The Cudahys Ae Tee

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Cleveland Lorain and Wheeling Railway adds bonds listing

The Stock Exchange lists $700,000 additional consolidated first mortgage five percent gold coupon bonds of 1983, expanding the Cleveland Lorain and Wheeling Railway Company list to a total of $5,000,000. The move increases the railway’s market presence on the exchange.

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Stock Exchange Lst Cleveland, Lorain and Wheeling Railway Company

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Shorts C & Fo K & Tef Ao West Top & SF National Steel Ak Amer Peo Gas Co Brookisney Parific Mail Balt & Ohio Bm Penn RE Easton Republic Steel Bur & Qy Cma Southern Pacift Cen Tabacco Texas & Pacific Cent Tern C &l Co & South Col F & 1 Co Sierl North Pac Ossnee South Pac Let Inc South Ry MK & T Wabash BONDS Money and Exchange Federal Treasury Stock Exchange American Securities Abroad Consolidated Exchange Sales Ing Am Steel & W Alamo Oo Bklyn Rappe Ches & Ohic Tms Chic Bur & Qy Chic Gt West Chic M & St P Father de Bates Souisy & Nash Ti Go Pacific Ma Savage Southern Ry Standard R & T Sca Epen Highaw Canada South Wall Street and Exchanges Minneapolis and Sheffield Western Unions IMS Inc. Sles Coal Trade Central of Colorado Springs Colorado Springs Mining Stock Exchange William P. Bonbright & Co Cece Portland Union Pilgrim Con Maud Work Acacia Fe Battle Mountain Col City & Man Argentum Copper Mountain Elkton Garfield Ita Findley Ingham Isabella Lexington Adrian H. Muller & Son Outside Securities tEx T&x Akos Atlantic Eheesnans Amer Suret Ba & Mtg R Co Bankers Central Cen R Bd & T Co Hamilton Kings County Knickerbocker Suret SJ. & D T & Ins Mercantile Seeerce Morton J &J Metropolitan F. Nat’ Surety Co North Am Tr Co By. & I Nassau F. &Aa Lin & Tr Security & T J. Standard T Gr & Tr Co Trust Co United States R. L. Day & Co New-England Bell Tel Bost & Albany SR Co Bost & Montma Bost & Me Butte & Bost Cal & Hee Centennial - Fitchburg Rad Pf Union Pac Arcadian West End Wyandotte Do Ence Allouez Cate Eenes Chicago Union Traction TT National Biscuit Am Ry Penn R R Co Asaph Penn Steel Cambria Steel Brooklyn Gas Atwes Ry Co Penn Et Weh Peecesee Choctaw Phila Elec Co Phila Traction Elec St Bat Phila & Erte Pitts Sus Iron & Steel Elec Co Titewater Steel Gen Elec Auto ‘Iu Ins Co Union Traction Imp Lehigh Wels Light Co Lehigh Val RR Marsdeneseee Way Wels North Penn Uiton Trac Wé Lake J Con Sa Newark Paas S Ns Phila Co People's Trac 4A Steel Mercantile Trust Company Broad Street

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Articles on This Page

Stocks Close Higher as Buyers Bring Activity

Market Moves Higher as Stock Prices Rally Amid Uncertainties

MENTIONED IN THIS ARTICLE

Bond Market Reports Firm on Government and Railroad issues

MENTIONED IN THIS ARTICLE

Money Rates and Exchange Markets in Brief

MENTIONED IN THIS ARTICLE

Treasury reserve and trust funds report summary

MENTIONED IN THIS ARTICLE

Government receipts and expenditures report summary

MENTIONED IN THIS ARTICLE

London Se curities Market Ends Firm With Close Prices

MENTIONED IN THIS ARTICLE

Wall Street closes strong with Oil leading gains

MENTIONED IN THIS ARTICLE

Market Activity Among Principal Buyers and Sellers

MENTIONED IN THIS ARTICLE

Mendham Brothers and Investors Trade Major Stocks

MENTIONED IN THIS ARTICLE

Gold Exports Set to Reach 3.59 Million Dollars

MENTIONED IN THIS ARTICLE

International Paper Stock Seen as Strong Investment

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Minneapolis and St. Louis Railroad Declares Dividends

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Sloss-Sheffield Declares 1 Percent Preferred Dividend

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Western Union quarter ending June 30 shows partly estimated 1899 figures

MENTIONED IN THIS ARTICLE

Coal Trade Journal notes steady hard coal demand

MENTIONED IN THIS ARTICLE

Mortgage bond and stock listings for multiple railways and companies

MENTIONED IN THIS ARTICLE

Securities Sold at Auction by Muller & Son

MENTIONED IN THIS ARTICLE

Railroad Earnings and Dividends Decline Reported

Wheat market telegrams show mixed receipts amid drought impact

MENTIONED IN THIS ARTICLE

Cleveland Lorain and Wheeling Railway adds bonds listing

MENTIONED IN THIS ARTICLE

Also Mentioned on This Page

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