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Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jun 17, 1902

Page

4

Stock Values Rise as St Paul Demand Expands Markets

Market notes show strong stock values with growing demand in St Paul. Traders report expanding Dexcy bonds and money conversions, citing active trading in various issues including Consol Tob 4s and Pac conv 4s. The text lists multiple bond and share quotes with percentages indicating price levels.

Stock market shows modest volume gain with selective strength

Trading steadies with most prices firm and minor advances across several rails and industrials. Strong activity in Atchison St Paul Reading Canadian Pacific Missouri Pacific and Western Pacific while coal, Great Northern and Minneapolis St. Louis lead gains. long analysis of exports imports and international finances follows with notes on balance, valuation, and European strength.

Atchison, St. Paul Reading Canadian Pacific Missouri Pacific Wnton Pacific Des Moines Fort Dodge Great Northern Preferred Atchison Chicago Northwestern Denver Rio Grande Minneapolis St. Louis Iowa American Car and Foundry United States Steel United States Europe New York Bank of England Germany France Adams Express Albany Nw Aimer Lee Amer Onda Ann Arbor Reston Lew Brunswick Bur RK & Pitts Burc R& Nor Butterick Co Canada South Lowe Ches & Ohio Une Chicago & Alton Mit West Mil & Sr R Ua Col Fuel & Iron Itz Ifol & Soxnth Co & HC & Ir Dei & Hudson del Lack & Won Deny & Rio Deny Detroit Gas Detroit S & Ar Iverary Erie Als Evans & T H Chemical Yen le Smir King Valley Ana Itr Salt Iti Nes & Pem Michigan Minn & Stisis Missouri NY Central Norfolk Northern Ontario Pacific Coast Pac Mall Peoria East Peo Gas & Coke Marquette Pullman SG Sikes Ah Sox As & Sara Iren Rome W & Os Rutland Law & Adk San Freu St Louis Tate Toe Do Land Trust Aioe Rag & P Toy Sky Union Pacific Mu Express Westingh E TAO Hitzay Wells Fargo West Union Tel Wheel & LE Wiscons

Government Bonds Market firm with mixed final quotations

Market notes firm for government bonds with varied bid and ask quotes. Railroad bonds show irregular activity with total par sales around 2,554 dollars, led by Baltimore and Ohio Southwestern division 4s and several other rail issues active or in demand.

IWVO Baltimore and Ohio Southwestern Division Central of Georgia Central Pacific Chicago, Burlington and Quincy Erie Mexican Central Consolidated Reading General Union Pacific Colorado Fuel and Iron Consolidated Tobacco Ds

Market for American securities steady in London

London on June 16 reports a steady market for American securities with no especial feature. Final prices followed for sales at the stock exchange across railroads and other stocks.

London

Money Market and Exchange Rates Report

Money on call opened at 3 percent with a 2 percent low and 3 percent last loan. Time money quoted 1225 and 4142 five percent for multiple terms. Commercial paper and foreign exchange rates listed, with domestic exchange readings across several cities and bank clearings in New York Chicago Philadelphia and more. Government receipts and Sub-Treasury balance noted, including month and year to date figures.

Reichsmarks Paris Eeeneersse Aa Klass Belgium Hilti Switzerland Ee Aia Pee Germany Holland New Orleans San Francisco Telegraph Boston Chicago Charleston Cincinnati St Louis Minneapolis Savannnah Eng Tse New York Philadelphia Baltimore London Berlin Heerlin Exchange Madrid Lisbon Buenos Ayres Rome Washington National Bank Sub-Treasury Clearing House

Consolidated Exchange Sales Stocks Update

Consolidated Exchange Sales stocks reported by William F. E. Nichols & Co. at No. 15 Wall Street.

William FE. Nichols & Co Wall St York William E. Nichols & Co Brooklyn RS & FF Seeee &J M&s Do & Pc Inc Atlantic Ave Atl Ave Bklyn Heights Bklyn Bklyn Crosstown Bklyn C & Newtn Coney Island & B Coney Island & Betf Calvary Cem & G J& Dbe Gpt & Lorimer Grand St & N Jamaica & Bk Sea Beach Wailsep NY & East Cen U Gas Apna Wien Equit Coal Se Mutual Co Am Brooklyn Union

Wall Street Trading Dims on King Illness Factors

Foreign houses were heavy sellers in the local market, unloading about 25,000 shares. The illness of the King appeared to influence the selling, while London stock fluctuations showed little change and local and foreign accounts did only small business in a generally quiet market.

London

Stocks and silver markets note mixed activity and railroad earnings

Featureless market for Kaffir stocks and steady to weak exchange in Paris and Berlin. Silver prices rise in London and New York amid reduced exports. gold car heating company expands via acquisition. Kansas and Texas railroad earnings climb in April and year to date. Reading and Reading Coal and Iron seek bond listing. multiple rail and steel stocks quoted.

Paris Berlin Amalgamated Copper Anaconda American Ite Atchison Common Brooklyn Erie First Ara Louisville and Nashville Manhattan Missouri Pacific New York Central Northwestern Metropolitan Street Railway People’s Gas Reading First Rock Island St. Paul Southern Railway Sugar Southern Pacific Tennessee Coal and Iron Union Pacific United States Steel United States Leather Wabash Western Union Republic Steel Chicago Great Western Iowa London New-York Don India Lennon Gold Car Heating Company Gold Car Treating and Lighting Company New York Chicago Gold Street Car Heating Company Kansas Texas Missouri The Stock Exchange Reading Company Philadelphia and Reading Coal and Iron Company

New Directors Join Hide and Leather National Bank Board

Following a change in control, seven former directors retire and seven new members are elected including Richard A. Meurdy Frederic Cromwell George F. Baker Levi P. Morton Thomas F. Ryan Jacob H. Schiff and William C. Whitney. Four existing members D S Ramsay Charles A Schierer William Nelson Cromwell and Thomas Keck remain on the board.

Hide and Leather National Bank Richard A. Meurdy Mural Life Insurance Company Frederic Cromwell George F. Baker First National Bank Levi P. Morton Thomas F. Ryan Vicce Morton Trust Company Jacob H. Schiff Kuhn, Loeb & Co William C. Whitney D. S. Ramsay Charles A. Schierer William Nelson Cromwell Thomas Keck

Outside securities market shows strength and activity gains

Demand for outside securities strengthened with broad gains across many issues. Northern Securities led with ~6,000 shares advancing to 104 1/2, copper shares fluctuated, United Copper held firm near 34, and Tennessee fell on heavy selling. Toledo Railway Lighting rose over 1 percent to 32, City Bank rights moved at 267 272, San Francisco issues steady, market closing strong though off highs.

Tnioen White Knob Tennessee Ino United Copper Greene Copper United States Toledo Railway and Lighting Standard Ot Dominion Securities Denver Gas and Electric City Bank San Francisco Electric Boat General Carriage Trust

Also Mentioned on This Page

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