Stocks Slump at Close as Prices Decline Despite Dividend
Closing quotes yesterday show most active securities trading lower than Thursday with heavy prices and net declines. ERN pacific dividend noted but not enough to lift market sentiment as investors pulled back.
Unclear bonds listed with partial financial figures
OCR shows fragmented bond prices and ratings for several issuers including North Pacific, Reading, and others. Missing context and garbled symbols limit reliable extraction of names, dates, or exact values.
Bearish stock market hints of rebound as trade data shine
Stock moves were small and listless with most shares inactive amid bear pressure on Northern Pacific and steel issues. The May foreign trade report shows exports at a record high and a growing U S lead in global money markets, suggesting eventual strength despite current jitters.
Bond market roundup reports firm government and railroad bonds
The day’s operations in bonds show a firm market with final quotations. Total par value sales reached 767,000, down from 895,500 on Thursday. Heaviest activity occurred in Atchison and Baltimore and Ohio issues, along with several listed rail and midwestern issues.
MENTIONED IN THIS ARTICLE
Atchison and
Baltimore and Ohio
Southwestern Division
Central Pacific Bis
Chesapeake and Ohio
Cleveland
Cincinnati
Chicago
St. Louis
Colorado
Southern Ist
Missouri
Kansas
Texas
Northern Pacific
American Securities Abroad Quiet in London Trading
London June 15 American securities market was dull and inactive with activity limited to professionals. Final prices showed a steady but quiet close with Atchison 26 1 2 percent, Canadian Pacific 9, St Paul 174, Illinois Central 114 1 4, Louisville and Nashville 79, Union Pacific preferred 7, New York Central 134 1 4, Erie 1, Pennsylvania 66, Reading 8, Erie first preferred 35, Northern Pacific mc f red, Grand Trunk 6, and Anaconda.
MENTIONED IN THIS ARTICLE
London
Atchison
Canadian Pacific
St. Paul
Clinois Central
Louisville and Nashville
Union Pacific
New York Central
Erie
Pennsylvania
Reading
Erie First
Northern Pacific
Grand Trunk
Fata
Pee Adams Express
Car & F
Am Su & Wire
Sceel Hoop
Tel & Cable
Amer Tin Plate
Amer Tobacco
Hklyn Rap
Pitts
Canada
Ny — Central
Ches & Ohio
Tmhic RI & Pac
BSS
Nsol Coal
Msol
del & Hudson
ATM
den & Rio Gr
Enul
Evans
Incis Centra
Cere
Town Central
Isip
Kana & Mi
Kan City
Keok & Des M
Lacre de Gas
Western
Lake Shore
Long Island
Louis & Nash
Roy
Michigan
Minn & T Louis
Mobile & Ohio
Sas
Morris & Eesex
Naval Steel
Sao Nych & &T L
NYL& W
Tno
Norfolk & West
Ohio
Iwan
Ontario
Pacific
Pacific Mall
Penn Coal
Peoria
East
Pere Marquette
Aero
R&s
Iron & &Tl
Rome
St Jos & Gr I
St L & San Fr
Ft L & Southw
St Paul & Cul
Southern Pac Sfc
Southern R R
Tenn Coal & I
Texas & Pacific
U S Flour & M
Lwo
West Union
Wis Central
Havana
Bay State
Markeen
Amalgamated
Amsterdam
America
New-York Transportation
American Steel and Wire
American Steel and Wire Preferred
People’s Gas
General Electric
Northwestern
Rock Island
American Tobacco
Manhattan
Delaware and Hudson
Tennessee Coal and Iron
Southern Railway
Brooklyn
Federal Steel
Third Avenue
Western Union Continental Tobacco
National Steel
National Tube
Money and Exchange Rates in the Market
The report shows money on call at 1% to 2% and time money at varied rates 24% for sixty days, 3% for six months on railroad collateral, with commercial paper at 3% to 4% for strong names. Foreign exchange markets show weak demand with closing rates across cables and bankers posted rates, while domestic exchanges vary by city and time. Bank clearings across major cities are listed with exchanges and balances, and the foreign money market notes call money and discount rates in Frankfurt and Berlin.
MENTIONED IN THIS ARTICLE
Reichsmarks News
Paris
Antwerp
France
Berlin
Reichemarks
Bremen
Reichemerks
Frankfort
Reichemark
Hamburg
Reichemarkn
New Orleans
San Francisco
Telegraph
Cincinnati
Boston
Chicago
Louis
Savannah
Charleston
New York
Philadelphia
Baltimore
Foreign Exchange and Securities Summary
Berlin exchange on London 20 marks 42 pfennigs. Paris exchange on London 2% francs 14 centimes. Paris discount rate 2 percent. British consols 101 percent. French rentes 101 francs 274 centimes. Spanish 4s closed 71 percent. Bar silver 4c. Mexican dollars 47c. London bar silver 27 11 16d. Gold premium: Madrid 25.82, Lisbon 41.0, Buenos Ayres 129, Rome 6.25.
MENTIONED IN THIS ARTICLE
Berlin Exchange
London
Paris Exchange
Paris
Madrid
Lisbon
Buenos Ayres
Rome
Amer
Agricultural Chem
Agricultural
A&o
Amalgamated Copper
American Bicycle
American Book Co
Press Association
Seda UN
Seda
Arizona
Barney & Car
Bay Star Gas
Britt Helumbia
F&a Ag
Hes
Chesebrough
fAmerica
Ita
General Chemical
Havana
Herring-Hall-Marvin
Hoboken
Hoboken Land & I
Hudson River
Stetson
J&j
Madison
Mosler
National Gramophone
New- England
G &c
N. J
Otis Elevator
Old Dominion S. S
Penn
Salt Mtrwaeens Aé&Oo
Pitts
Hessemer & I
St. ‘Ferry
Teleg
Telephone & Cable Am SN
Tennessee Copper
Trenton Potteris
Trenton Potteries
Union Ferry
Union Switch & Signal
Union Steel & Chain
Anne Union Steel & Chain
Union ‘Typewriter
Union Typewriter
Ae&o
Nz Union Typewriter
Stock Exchange Sales Report: Rail and Bond Listings
The page lists bond and stock quotations from the stock exchange including US issues, railroad bonds such as M K and T, Missouri Pacific, New York Central, and C&O Gen 4s with prices and percentages. Totals show $767.0. Total sales of bonds.
MENTIONED IN THIS ARTICLE
AT & S
K & T of T
Pac Trust
Cc & M Rio
Peo & E
Ciniels
St L & Ist
D & Ir Ang
Sia
el L & BS Se
L ‘Swn
Erie
GH & SA
P & SC
C & Pac
Ariz
Treasury Report Shows June Balance and Receipts
Washington June 15 Treasury condition details reserve fund gold coin and bullion totals. Government receipts for day and month and fiscal year shown with excesses. Sub Treasury debtor at Clearing House with net loss, weekly receipts and payments summarized.
MENTIONED IN THIS ARTICLE
Washington
Treasury
United States
Nores
Imports of Dry Goods at Port of New York
Week ending June 15 1898 1899 1900 entries and market throw figures show large totals. Entered at the port and thrown on the market figures are listed for three years, with yearly sums and January to June totals. The data include values for entered at port and thrown on the market across the period.
MENTIONED IN THIS ARTICLE
New-York
Wall Street Roundup and Foreign Trading Report
Market closed steady with Standard Oil at 543 1 4 as the top price. Foreign trading in New York was about 5 000 shares, mostly sales. Silver exports via Campania include 128 000 ounces and 25 000 Mexican dollars with selling agents United Metals and Zimmermann Forshay. Grand Rapids Railway bonds issue details noted by N W Harris & Co.
MENTIONED IN THIS ARTICLE
Campania
Europe
United Metals Selling Company
Zimmermann & Forshay
Grand Rapids Railway
N. W. Harris & Co
Grand Rapids Rail
Market report lists trades and buyers in yesterday's session
The report details principal buyers and sellers, naming firms such as Hedge Lounsbury & Foster, Jones Maury & Co, Mendham Brothers, Button & Fiero, Ladenburg Thalmann & Co, and others. It notes limited activity across several lines including Brooklyn Rapid Transit, Manhattan Railway, and Southern Railway, with specific trades in Northern Pacific common and Sugar Refining among the actions through 12:30 p.m.
MENTIONED IN THIS ARTICLE
Hedge
Lounsbury & Foster
Kohn and
Wassermann Brothers
Jones, Maury & Co
Louisville
Nashville
A. I. Ormsbee
Brooklyn Rapid Transit
Manhattan Railway
Southern Railway
Delaware and Hudson
Lackawanna
Federal Steel
Chesapeake and Ohio
Pacific Mall
Western Union
New York
Ontario and Western
General Electric
Mendham Brothers
Chicago
Burlington and Quincy
Button & Fiero
Baltimore and Ohio
I. & S. Wormser
A. A. Housman & Co
Northern Pacific
Ladenburg, Tha
Pearl & Co
C. I. Hudson & Co
E. B. Havens & Co
J. F. Carlisle
Week's Money Movement Shows Banks Lose Large Cash Amount
The week sees local banks down about 1.5 million in cash versus last Saturday while the Sub-Treasury gains from bank operations and the interior ledger shows a 2 million decline. Receipts from out of town offset by shipments. no notable Canada shipments or outside receipts. Domestic exchange rates between New York and San Francisco discourage shipments to this center. Next week banks will pay the Treasury under a 5 million dollar public deposits call, with pensions disbursements light. Bank direct express to the interior totals 977,355 shipped and 3,038,527 received, net gain 2,061,172. after gold exports, apparent net loss 1,438,528. In prior week banks shipped 662,200 and received 2,952,498, a movement gain. The New York Sub-Treasury loss to date is 3,117,000 from the first 5 million call. Sterling eases slightly. a 1 million export gold deal for today’s steamers was canceled. About 3.5 million exported Thursday, with 1 million to Berlin and more shipments likely for German accounts.
MENTIONED IN THIS ARTICLE
Canada
New York
San Francisco
Treasury
Express
Interior
Direct Express
New-York
Sub-Treasury
Sterling Exchange
Berlin
Northern Pacific declares 1 percent dividend on common stock
Northern Pacific directors announce a one per cent dividend on common stock. Despite earlier thoughts of a four per cent payout, earnings to date supported only the smaller rate. The president dismissed rumors of conflicts with the Oregon Railroad and Navigation, saying tensions at Wallace Idaho and elsewhere have cleared up and no further friction is expected.
MENTIONED IN THIS ARTICLE
Northern Pacific
Oregon Railroad and Navigation
Wallace
Idaho
Oregon
Bear Traders Weaken Confidence in Markets
John H. Davis & Co. reports a depressing daily sales figure of about 2,000 shares and widespread bearish sentiment. The monthly circular says traders doubt the economy, fear recession, and predict disaster, but notes the danger of extrapolating into a prolonged stagnation and urges a broader view of national industries for courage and confidence.
MENTIONED IN THIS ARTICLE
Comislin
Dreath
Trron and Steel
Wheeling and Lake Erie Shows Tonnage Rise and Stock Strength
Wheeling and Lake Erie stock dipped due to investors swapping old first mortgage five percent bonds for new four percent bonds with a preferred stock bonus. Despite this, the company reports solid earnings gains and a coal tonnage contract for this year well above last year. Management expects a healthy percentage increase. The stocks were strong features yesterday.
MENTIONED IN THIS ARTICLE
Wheeling and
Lake Erie
Grain Exports For Week Rise From Last Year
Radstreet s reports weekly grain exports with wheat totaling 4,678,029 bushels up from 3,084,474 last week and 2,799,471 a year ago. Corn exports reach 3,634,25 bushels, down from 4,230,221 last week. Since July 1 this season wheat and corn totals stand at 191,824,952 and 196,254,227 bushels respectively.
MENTIONED IN THIS ARTICLE
Radstreet
Securities Notice From Frederic Hatch Listing Stocks
Frederic H. Hatch of 30 Broad Street furnishes miscellaneous securities and stock listings. The brief notice outlines available securities offered for investment and transfer, highlighting price ranges and broker details for interested buyers.
MENTIONED IN THIS ARTICLE
Frederic H. Hatch
Trade in Chicago Wheat and Commodities Report
Wheat in Chicago opened weak and closed mixed amid rain in the Dakotas and no rain in Minnesota. July wheat at 72.5 to 71.5, close 71.75. September 7.75. Corn declined early, then recovered. oats supported by Northwest demand. Flaxseed steady. cash grain at 19 cents. Receipts 598 cars. exports light. Northwestern losses cited. hedging and liquidation noted.
MENTIONED IN THIS ARTICLE
Chicago
Dakotas
Minnesota
Manitoba
Northwest
Spring Wheat Territory
Winnipeg
Territories
Liverpool
Tennessee
Indiana
Illinois
Seaboard
Cate
Also Mentioned on This Page
North Pacific
Nor & West
Pee Dee
Evlis Amer Hoop
Eerookius
Rae
Ball & Ohio
Aciti Mail
L*e Penn RR 12 “4 Do Pref. Wat Oa) "Rk
Republic Steel Hic Bar & Q
Ccm& & P
Gt West
Southern Pacific
Ches_ & Ohio
Southern Rr
Con Tobacco
Hird Ave
South
Tenn
U_ S Leather
Wheel & L
Wabash
Wis
M & St L
At& S&f
B&o Sks
Idm&am
MK & T Ist
North Pac
Cen Ist Inc
Stock Exchange
Shorts
Wall Street
Foreign Commerce
American Securities Abroad
Money and Exchange
THE
Federal Treasury
Stub-Treasury
Clearing House
General Treasury
Consolidated Exchange Sales
Am Steel
M & St P
RT & Pac
Col Fuel & Tron
Tobacco
Catalpa
Comstock Ae Federal Steel
Louise & Nash
Missouri Pacific
Mollie Gibson
Oy Republic Steel
Melvin
Standard R & T
Coal & T
Kan &T
Wall Street and Exchanges
Way Company
John H. Davis & Co
Rcular Say
Pri
KR. L. Day & Co
T Day
At&sf
Zerg ‘S
New England
Hell
Atlantic
Old Colony
Boston Elev
Union Pac
Say
Arcadian Ory
West End
Big Wyandotte
Louez West Free
Dominion Coal
de Haven & Townsend
Wall-st
Am Ry Co
Penn RR Co
Am W
Penn Steel Com
Brooklyn Gas
Ces Ee SS
Cambria Steel
Phila Elec
Cc P Ry
Ae Penn el Veh Co
Hoctaw Ry
Phila Traction
Leo St Bat Co
Phila & Erie
Sus Iron & Steel
Tidewater Steel
Elec Auto
Am Ss
Ind
P Ry Co
Los Linh Lake Superior
Newark
Philn Co
People’s Trac
Colorado Springs
Colorado Springs Mining Stock Exchange
William P. Bonbright & Co
Alamo Wb
Smionese
Raoese Ws
Magnet Rock Pilgrim
Union
Rose Can Me
Maud
Acacia
Rose Nicol
Battle Mountain
Trachyteae
Col City & Man
Anaconda
Copper Mountain
Damon Elkton
Garfield
Findley
Ingham
oNsabella
Lexington
Mount Swans
Cerees Pinnacle
Sant Aigasanes
O. i
Cker, Merrall & Condit
American Bicycle Amer
Barney & S
M&n
Brooklyn Ferry
F&a
Hecker—Jones- Jewel
Hoboken L. & I
M&wn
Iron Steamboat
Jas Ltd
Madison Square Garden
Metropolitan Fe
Steamboat
N. Me
N &Ja
Y. Biscuit Bonds
Mé&s
Jassemen
Richmond
L. Rapid Transit
A& We
Swift & Co
Texas & 10Th
Va Ae Coal
M& N
NY &E R
New Am Gas
Balt Consol
Ind Gas
Buffalo G
Emg
G & Coke
Chic
G &c Do Ss
Hasseacas
Walker Brothers
Broadway
Lake Street
Metropolitan
National Biscuit National
West
Best & Belcher
Ophir Aeons
Caledonia
Potosi
Savage
Belcher
Sierra Nevada
Cal & Va
Crown Point
Gould & Curry
Hale & Norere
Utah
Julia
Justice
Tees
Burlington
Cedar Rapids
Northern
Rene
Kansas City
Fort Scott
Memphis
Birmingham
Bee
Phenix
Santa FE
Prescott
Chooctane
Oklahoma
Gulf
Cael
Inc
Con Inc
One Inc
Sai