Wall Street Aches Through Tepid Trading Day
Heavy turnover in bonds and mixed stock action marked a lackluster session on the Exchange as investors weighed Anglo-French issues and Canadian banking signals. Gains were scarce amid pensioned dividends, rail and steel concerns, while foreign demand showed uneven strength and Pennsylvania Railroad stockholders continued to grow.
MENTIONED IN THIS ARTICLE
Stock Exchange
Railway
Steel
Meglio Trench
Rang Mae ‘Om
de Pont
Bond Market Report 1916 Bond Sales On Exchange
The June 15 1916 stock exchange report shows Thursday bond trading at 4.614 million dollars. government, municipal, and railway bonds listed with bids and asks. An external note discusses a separate investigation into a magazine ad fraud targeting South America, warning of bill of goods schemes and fraudsters misusing inquiries.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Weis
Ellaneou
Adam Eapran
Sean
Ask
South America
Inactive Stocks Bid and Asked Prices
The table lists closing bid and asked prices for stocks not actively traded on the Stock Exchange. Prices shown reflect inactive quotes with no recent transactions and include numerous entries across names and sectors. The data illustrates subdued market interest and liquidity for these securities on Thursday.
M. & St. L. Plan Approved by Shareholders
The Minneapolis and St. Louis Railroad plan for reorganization is approved after a minority group withdraws its opposition to a $4,500,000 funding requirement. Shareholders are informed of the change in stance and a nearly unanimous vote is anticipated at the adjourned meeting in Minneapolis on June 19.
MENTIONED IN THIS ARTICLE
Canadan Bank of Commerce
Neecestts
Cmaforti
Sears
Cimada
Tor Commie
Minneapolis & St. Louis
Minneapolis
Wall Street Briefs On Dividends And Reorganization Rumors
Edmunds and Jones declares a 10 dollar quarterly dividend with a 2 June record date and July 1 payout. Shattuck Arizona Copper adds 75 cents extra per share. Logan C Murray named Southern adviser to Irving National Bank. Great Atlantic and Pacific Tex issues 1,000,000 five year convertible notes sold at 102 plus interest. Gold withdrawn from the Sub Treasury for Mexico. Stewart-Warner elects Lackance as chairman and names C B Smith Zucker and Sullivan to key posts. Zucker succeeds late J K Stewart as director. MacAndrews & Forbes to pay a 2 1 2 percent extra dividend on common stock. prior quarter paid 38 1 2 percent extra. Wa Antaname cougar declares 12 percent cash plus 9 percent stock dividend. Harry St DeMott elected director of Bank of Coney Island. Curbs reorganization plan reportedly stalled. NYSE and committee members deny abandonment and await definite steps. Committee includes McGraw Gibson Wrenn and others.
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Edmunds & Jones Corporation
Shattuck Arizona Copper Company
J Conte
Logan C. Murray
American Southern National Bank
Louieville
Irving National Bank
Great Atlantic
Equitable Trust Company
Edmond Seymour & Co
Interes
Hie
Mexico
Stewart-Warner Speedometer Company
Lackance
C. B. Smith
W. J. Zucker
T. J. Sullivan
Zucker
Iate
J. K. Stewart
Ihrecters
Wa Antaname Cougar Company
Harry St. DeMott
Mechanics Bank
Hank of
Wall Street
Curh
Stock Exchange
R. McCormick
New York
Stock Exchange Committee
Stanley D. McGraw
Mcl Bradgen & Draper
George 1
Matcheller & Adee
Henry
Charles D. Barney & Co
Wil Gibson
Foster & Lounsbery
George L. Wrenn
Wrenn Brothers & Co
Cotton steady after early drop in market
Cotton futures recovered after an initial decline of 2 to 5 points with October contracts climbing to around 12.99 and closing near 12. The market cited weather concerns, stronger export talk, and demand from trade interests as a driver of shorts covering and fresh buying while Liverpool pricing remained weak and private wires suggested improved shipments. Exports reached 5,228,0A8 for the season amid varied regional demand.
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Liverpool
New Ranna
Ocean
York
Manchester
Hien
Nine Ace
2 A South
Houston
Market Notes and Farm Prices Amid Sparse Demand
The report details a wide range of commodity prices and market activity. Cotton, metals, and dairy show modest moves while Santos and Rio prices fluctuate. freight offers steady with limited demand. Ships at two Brazilian ports report receipts of 21,000 and 14,000. locals note Bear’s decay influence and subdued trading after a volatile day.
MENTIONED IN THIS ARTICLE
Rio
Santos
Market Summary for Live Stock and Grains
Market report shows mixed cattle and sheep tones with prices near steady. Receipts include 1.463 head of sheep and lambs, with prime beef around 9.50 per 100 pounds and dressed lambs near 18. Market notes barley and corn steady, while foreign government taxes and des dates loom in the background.
MENTIONED IN THIS ARTICLE
Biotet
Fairey Enod
First Bale Brings $120 at Cotton Exchange
The first Dale ws cman from this year's crew, grown at Leford Tes, sold on the Cotton Exchange steps for $120. Gale Young bought for Stephen Mc Weld & Co. proceeds go to the Red Cross. The bale came from thirty-four north land and fetched $960 at a Houston sale, the second highest price ever paid for a bale.
MENTIONED IN THIS ARTICLE
Dale Ws Cman
Leford
Cotton Exchange
Gale Young
Stephen Mc
Jones
Houston
Stutz Motor Shares Offered to Public
The Stutz Motor Car Co. plans to issue 75,000 no par value shares to take over Stutz car manufacture. A syndicate led by Allen A. Ryan & Co has 33,900 shares subscribed, with public offering set to begin in February at a set price. subscriptions already received exceed the public allotment.
MENTIONED IN THIS ARTICLE
Stutz Motor Car Co
Peng
Allen A. Ryan & Co
Wheat and Corn Prices Driven by Market Rally
Wheat futures plunged then rebounded as domestic demand and top markets showed rare activity. No. 2 hard and Manitoba wheat quotes varied with Minnesota and Manitoba bids around 1.31 1/4 to 1.39. Corn saw early losses snap back to support levels while rust and July positions faced congestion. Rye remained quiet with No. 2 Western around 1.06. Flour and meal markets fluctuated amid wheat volatility. Provisions traded moderately with hogs higher than last week and pork and lard prices steadier.
MENTIONED IN THIS ARTICLE
Roy
Hilde
Duluth
Manitoba
Clerk Gets Exchange Seat in Unusual Gift Transfer
Sidney S. Schuster Mehes receives a seat in the exchange via a purchase of the late Albert H. Vernam’s chair. Rose Mendhleehm, longtime clerk at Schuyler, Chade wick & Bursham, is noted among transfers as part of a deal rumored on Wall Street. Other memberships in the firm shifted for substantial sums amid whispers of gifts.
MENTIONED IN THIS ARTICLE
Sidney S. Schuster
Rose Mendhleehm
Iimee
Schuyler, Chadewick & Bursham
Big Beard
Albert H. Vernam
Bis Acroust
Mene 5 Srhayl Ber
Fim
Viva
Louisville and Nashville Tramroad Dividend Rise Report
The Louisville and Nashville Tramroad directors yesterday announced a semi annual dividend of 3 percent on the stock, raised from 7 percent in 1918 to a new rate on an annual basis. Earnings show a substantial increase over 1915, with current fiscal year profits indicating higher returns than earlier periods.
MENTIONED IN THIS ARTICLE
PLC
Public Utility Notes On Stock, Bonds And Transit Firms
Public utility notes from New York and Kansas City railways reference stock listings, earnings reports, bond sales, and operating expenses. Details include Mone tans Power Company earnings, Brooklyn Rapid Transit Dome accounts, Kansas City Railway bond subscriptions, and New York state railways disclosures with figures for earnings, charges, and totals.
MENTIONED IN THIS ARTICLE
Soonlya Rapid Transit
Brooklyn Rapid
New York Stock Exchanger
Roan
Total
Burplan
ESATA
New York State Railwayss
New York State Balware
Iico
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