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This newspaper page contains 15 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 15, 1906

Page

17

Rail and Electric Lines Report June 1908 Mileage and Finances

Central of Georgia and multiple rail companies report miles operated First week in June and July 1 to June 7 financial totals. Havana Electric and Detroit & Mackinac show changes in lists and increases in income. Totals include capital figures for miles run and revenue across several routes in June and early July.

Central OF Georgia Chicago Indianapolis Louisville Mobile & Ohio Toledo ST. Louis & Western Norther Pacific Havana Electric Inc Detroit & Mackinac Pos Wren

Treasury condition report shows reserve and trust fund totals

Washington June 14: the Treasury opening shows reserve fund 150.9 million dollars, trust funds to redeem outstanding certificates bullion and coin totals, with overall general fund and national bank receipt statuses noted. 107 464,988

Washington Treasury

Grain market fluctuates as July and September futures shift in Chicago trade

Wheat and other grains moved erratically amid crowd mood. July wheat opened at 6 and fluctuated, while September ranged with gains and losses. Corn fell then rallied under heavy rainfall in the Western belt. Provisions showed dull to steady prices with declines in hogs and lighter receipts reported.

The Tribune Sic Ktac Rte Vances

Morgan Middleman In Bridge Deal

Control of the Kentucky and Ohio Bridge Company sells to J. J. Morgan & Co. and may pass to the Cincinnati Hamilton and Dayton Railroad. The Ironton bridge project would connect with Kentucky and give the Detroit Toledo and Ironton system an outlet. the deal clarifies access rights upon closing.

Kentucky and Ohio Bridge Company J. J. Morgan & Co Tincinnati, Hamilton and Dayton Railroad Wridge Company Ohio River Ironton Ohio Detroit, Toledo and Ironton Railway Company Kentucky Cincinnati, Hamilton & Dayton Detroit, Toledo & Ironton Detroit

Securities Prices Decline In Early Trading

Reading drops 10 points before closing, with mixed advances and declines across many stocks. Major names such as Mexican Cen, Am Cotton Oil, NY Central, and Pacific Mail show varied changes while bond prices also move, as cotton exports rise and farm prosperity supports broader business strength.

Allis-Chal Co Souis & Eee Rai M & St L Ag Chem Heet Sug Mo Kan & Tex Am C & Fadry Penn Railroad Ealt & Ohio Peoria & East Bklyn Rap Tr PCC St L Brunswick Pitts Coal Co Cit P St Louis Southw Texas L & Ae Rein City del & sFudao del L & W Union Pacific Dn&rg My — Tiamond Mrts Dist Dss&a Pf Erte Flee Co Elec Ry Hock Valley Vulcan Detin Iminnots Wabash Bas -3 Kan City Wis Long Island Japan Penn At&s F U' 5 Steel Se Wabach PD

Stock Market Declines Amid Speculation and Liquidation

Heavy speculative liquidation drove a sharp stock market drop with readings down over 2 percent in many active issues. Reading fell to 132 in intraday trade and closed at 135 1 2, down 5 1 2 points, as pool selling pressured prices. Baltimore & Ohio rose 2 3 4 on higher volume amid dividend talks. copper shares and rails showed weakness while several operators pushed prices lower.

United States Steel Delaware & Hudson Northern Pacific Union Pacific St. Paul Baltimore & Ohio Pennsylvania Company Pennsylvani Railroad Brooklyn Rapid Transit Stock Exchange Wall Street Beef Trust United States

Bond Market Sales Reported Across Wide Range of Bonds

The record lists numerous government and corporate bonds with varied denominations and yields. Entries include Cuba 10000 and 10000 M St Ry Gen Ss, several 4s and 5s across issuers such as Mex Cent Con and Penn Conyt, with yields noted from around 0% to the low 120s, culminating in a total sale figure of £ 2,184,000.

ban + sa LE & W Cuba S . Bono BRIOO Inc J & St L At & Dany Cssensass YG &E Norf & W Nor Pac Gen &S Og & L Ner Ist Jona T St LL & W Union Pacase Steel Do Moccce Wabash Ronn West Shore Do Penn CT

Railroad And Other Stocks Trade Report

The market closed with total sales for the day at 190 740 dollars. Unlisted stocks appeared in the session.

Mercantile Marines Show Strong Year Profit and Re-elected Directors

At the adjourned annual meeting of the International Mercantil Marine Company directors were re-elected with James H. Hyde replaced by Thomas W. Joyce of J P Morgan & Co. Officers were re-elected. The year ended December 20 16 shows a surplus of 3 127 401 up from a deficit of 1 573 7H. The report notes reduced operating administration costs and increased loans and bonds. Leyland and National lines report profits on working accounts but overall depreciation reflects earnings. The Bureau of Statistics released May exports data for domestic products.

International Mercantil Marine Company James H. Hyde Thomas W. Joyce J. P. Morgan & Co Ace Leyland and National Lines

American Securities Abroad Market Activity

London markets show American securities trading quietly with heavy demand. Last quotations indicate subdued price levels as traders await further U.S. or international financial developments.

London

Bank Returns Show Mixed Reserve Movements in London and Paris

London weekly Bank of England report shows reserves up 1 559 000 pounds and bullion up 1 202 555 pounds while other securities fall 2 916 000 and public deposits rise 472 000. Bank rate stays at 4 percent. Paris Bank of France reports notes in circulation down 26 578 000 francs and treasury deposits up 23 475 000 francs with gold on hand 3 875 000 francs lower.

London Bank of England Paris Bank of France Treasury

Money Market and Exchange Rates Report

Money market quotes show call at 3 percent with 8 percent high and 2 percent low. Time money ranged from 4 percent for short terms to 5 percent for seven months. Foreign and domestic exchange figures list bank rates, commercial discounts, and actual closes with United States and international figures. Government receipts and Sub-Treasury balances noted for Washington and major cities.

Reichsmarks Oguemence Nore Belgium Switzerland Holland New Orleans Tse San Francisco Telegraph Boston Chicago Charleston Cincinnati Savannah Minneapolis St. Louis New York Baltimore Philadelphia London Madrid Lisbon Washington Sub-Treasury Clearing House

Wall Street Activity and Dividend Declarations Across Industries

Foreign trading was subdued with mixed activity as copper sales offset steel and Union Pacific purchases. Dividends were declared by Westinghouse Air Brake, Hudson Realty, Southern Pacific, Tennessee Coal and Iron, Guaranty Trust, Jefferson Bank, National Bank of Cuba, Aeolian Weber, Baltimore & Annapolis Short Line, and United Gas Improvement. May iron production reached a record high, with 2,096,746 tons and five month total 10,200,900 tons, surpassing last year. Directors of Tennessee Coal and Iron and Republic Iron and Steel discussed extension plans including a proposed southeast steel mill project.

Taran Gold HighiLow Fin Amer Amer Express Hide & Ae Amer Ice Amer Linseed Amer Smelting Jana ’ Lane Amer Wool Anacomia Ann Arbor Ceeecens Atchison Loz Maa Sa Ad Coast Line Ohio Boston Brunswick Buff R & Pitts Butterick Co Uff & Sun Canadian Pacific Edo So Am Tel.j Sentral Rte Central Ches & Onto. Aa STM SiMe Stm Chicago & Alton jCh & E Bur & Ae Ind & L Chie Mil & St P Salaya Union Trac Los Cley & Pitts Col Fuel & Iron Col & Southern HC & Ir Comstock Tun Nsol del & Hudson del Lack & W Deny & Rio Gr M & Ft D Bet United Mastinan Rocak Gen Chemical General Electric Havana Elec Hocking Valley Lion Stake Michigan Essex Jase Sarge Norfolk & West North Slysi Ontario Penn RT Eaves Peoria & East Peo Gas & Coke Pittsbur Sebmeene Rena & Bara Rep Iron & St I Rock Island Lot Southern Coal & Tr Texas & Pacific Land Trust Peo West Ry & Light Betty Hag & P Tuton Pactti Vandella RM Maryland Westinghouse Air Brake Company Hudson Realty Company Southern Pacific Railroad Company Tennessee Coal and Tron Railroad Company Guaranty Trust Company Jefferson Bank National Bank of Cuba Aeolian, Weber Piano and Pianola Company Baltimore & Annapolis Short Line Railroad Company United Gas Improvement Company Philadelphia Republic-Tennessee Coal and Iron Tennessee Coal and Iron Company Republic Iron and Steel Company Tennessee Company Extree Eeutha

Rail firms push toward 600000 ton steel rails demand

The report notes orders and production shifts across major rail and steel firms. Missouri Railway Company shows no rails purchased and a mix of claims about Harriman interests. Wabash Railways and bondholders adjust plans as routine committee meetings proceed amid market activity in iron certificates and currency movements.

Missouri Railway Company Harriman Ines New York Wabash Wahnash Railroad Angle Bondholders” Protective Committee Mage ST. Paul Chicago, Milwaukee Gat Paul Railway Company P Cates Tratington Sil New Orleans San Francisco Treasury International Traction International & Company MiNs Bros

Curb Market Trading Shows Downward Trend Across Securities

The curb market opened weak and extended lower through the first trading day. Most issues declined with few offerings and minor activity in recently active shares, as several securities slipped while some stayed near steady.

Also Mentioned on This Page

Hallgarten & Co. Bankers Nassau Street Investment Securities Foreign Exchange Halsey & CO Wall ST Philedelphia C.H. Venner & Co., Bankers Redmenda Pine St Northwestern Deri Schmidt & Gallatin N. ¥. Stock Exchange Broadway, N. Y PF Aelzer & CO Bankers Broad D Street Federal Treasury Morgan Middleman PM & M Dak A Fert Fia Consolidated Exchange Sales Ing Sale Allis-Chalmers Top &'S Bait & Ohio Brooklyn Ches & Ohio Mil & St Mil & St P Lsely Isl *S Lis Consol Gas Denver & Rio Gr Louis & Nash Mex Central Kan & Tex BOT Orfolk & Wes Pennsylvania Catalpa Comstock Crescent Daly el Paso Elkton Goldfield Jim Butler Queen Montgomery Mt Sper Mercantile Marines Department of Commerce and Labor Bureau of Statistics MLS Veene Ita. Ae Wasrior Sony le Inc Sipos Inc OS Inc Cow Mn District of Columbia American Securities Abroad Atchison Eee Balto & Onto Mikes Canadian Pacific Chile Gt West M & St Paul Denver & Rio Tilmois Central Lauis & Nash North West Ontario & West Southern Pacific Southern Railwa Bos Berlin Berlin Exchange Paris Exchange Tis Sd Money and Exchange Wall Street and Exchanges Curb Market Trading Hethlelem Steel Havana Tobacco Marine Common Mackay Common Chicago Subway Greene Jean Industrial Beth Steel Westch Lt Co Paper & Eulp Railroad Wien Subway Crip Creek Cent Ing. Wor Alaska Mines Bingham Boston Copper Butte Cumb-Ely Dav-Daly Giroux Wwesecwesel Guanajuato Tim Butler Mtemac Mitchell ' S Montgom New Cow Neow Utah Niing M Co Penn & Cana Cop Prec Metals Corp Os” Hsee Co Tonopah Union Cop Co Utah Copper Tees
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