Readjustment talk at Missouri Pacific and stock market drift
In Wall Street, plans to assess stockholders a per share and issue new 6 percent preferred stock circulates as a potential capital readjustment for Missouri Pacific. The idea could raise about 2 million for the treasury, aiding extended notes due June. Meanwhile the market shows apathy with prices down and traders weighing supply, with a notable specialist anecdote illustrating price dynamics and order execution.
MENTIONED IN THIS ARTICLE
Mtx
Missouri Paole
Stock Exchange
Betance
Manda
Simon
Deluge of stock moves in Western Union syndicate insiders
February oversubscription of Kuhn Loeb formed syndicate to sell 20 million dollars of Western Union stock drew passive demand from Western Union shareholders. After Tel dispoved holdings stock fluctuated. highs around 61% in June, often lower. Syndicate earned a fair bulk profit but faces a nearing conclusion as traders expect clearance. Kuhn officers of American Water Works and Guarantee Company led National Bank influence prior to currency actions.
MENTIONED IN THIS ARTICLE
Kuhn, Loeb & Co
American Telephone and Telegraph Company
Western Union
Tel
J. 8
Kuhn, Inc
American’ ‘Water Works and Guarantee Common
First National Bank of Pittsburgh
Union Trust Company of Pittsburgh
Kuhns
American Water Works and Guarantee Company
National Bank
Bank of Germany Return Shows Mixed Money Movements
The weekly return of the Imperial Bank of Germany lists changes including increased 4900 marks in cash on hand and a 209 percent rise in loans. Discounts fall 21.0 marks, treasury bills drop, and notes in circulation decrease.
MENTIONED IN THIS ARTICLE
Bank of Germany
Erin
Jung
Imperial Bank of Germany
Treasury
Public Utility Notes Report on Corporate Earnings and Stock Changes
General notes on utility firms and earnings show Permegion gaining Fed approval to issue 0,000 per cent cumulative preferred stock at par to liquidate debt. Western Ohio Railroad reports higher operating and net revenues for ten months through April 1913, with reduced post-interest balance. Minneapolis General Electro reports rising gross and net earnings for year ended April 10, 1913, with increased electric and power customers and dividends on preferred stock. The amalgamated J. G White entities disclose cash, receivables, and total debts, with profits and surplus additions after preferred-dividend payments. Philadelphia Company seeks capital stock increase from 8,400,000 to 73,406,000 with exchange offers for 5 per cent preferred into 6 per cent cumulative preferred.
MENTIONED IN THIS ARTICLE
Permegion
Veen
Fedveal ‘Telephone and Telegraph Company
Beevice Commission
Treasury
Western Ohio Railroad Company
Ross
Minneapolis General Electro Company
Northern States Power Company
J. G White & Co, Inc
J. G. White Engineering Corporation
J. G. White Management Corporation
J. G. White & Co, Inc
Philadelphia
Four railroad heads visit Wall Street amid harvest optimism
Four Western railroad executives James J. Hill Marvin Hughitt A J Burling and S M Felton arrived in New York. Hill plans a fishing trip after a brief stay while praising crop prospects as Northwest harvests look bumper. Hughitt cautions railroads will face heavy tonnage later, with business expected to pick up after harvests nationwide.
MENTIONED IN THIS ARTICLE
Premocur Western Railroad
Wall Street
James J. Hill
Great Northern
Marvin Hughitt
Chicago & North Western
A. J. Farling
Chicago, Milwaukee & St. Paul
8. M. Felton
Chicago Great Western
Hill
New York
St. John's River
Rockies
Burling
Northwest
Corn Belt
United States
Mr. Hughitt
Northwestern
Wall Street Briefs Highlight Market Moves and Board Changes
Tendon bought about 5,000 shares yesterday. Lehigh Valley Railroad elected George W Wiley as assistant treasurer. New York Central equipment 4 s9 once bought by J P Morgan Co has been disposed of. Riker Hegeman Drug reduces board from eighteen to fourteen. Chicago North Western Elevated bonds worth 12 million to National City Bank and N W Hulsey Co. Ashland Emery and Corundum reorganization panel named. Company in bankruptcy. Boston auction set for July 2. Montana Power names Guaranty Trust as paying agent. interest dates January and July 1. Exchange in Howton closed for the Bunker Hill holiday.
MENTIONED IN THIS ARTICLE
Lehigh Valley Railroad Company
George W. ‘Wiley
New York Central
J. P. Morgan d& Co
Chicago North Western
National City Bank
N. W. Hulsey & Co
Montana Power Company
Guaranty Trust Company of
New York
Curb Market Trading Shows Irregular Prices and Losses
Inactive trading and erratic prices marked the curb market session led by oil shares. Several issues fell, with Standard of Indiana and Atlantic Morning down around 6 to 10 points, while oil and gas groups showed weakness. Some gains appeared in preferreds like Keily Springfield and National Cloak and Salt, but overall mining shares were dull though West End Consolidated rose 2 points.
MENTIONED IN THIS ARTICLE
Standard
Indiana
Atlantic Morning
South Penn
Boundard
California
Standard of
Kansas
National Cloak and Salt
Maxwell Motora
West End Consolidated
Florence and Tonopah
Consolidated Gas
Fis
Pei
Industrials
Balen
Hirit-Agy
Toby
Maxwell Motors
National c
Paola
Rikersifegeman
Gate Bay
Lugar
Wayland
Willys
Overland
Standard’ Oil
Anuio-Am
Ashantic
Galena Sl
Anisit
Ohio
Prairie Ol & Vo &S
Solar
of Cal
Anans
Joey
Union Tank
Poston
Montana
Inter Mines
Kerr Lake
Mid Year Steel Buying Shows Moderate Trade Uptick
The steel trade reports higher finished steel buying due to lower prices and midyear orders. Shipments and new business are expected to break even, with the Steel Corporation operating at about 65 percent capacity. pig iron sales rise though prices remain low. Iran imports rise, while June activity varies. prospects hinge on whether current demand proves permanent.
MENTIONED IN THIS ARTICLE
Steel Corporation
Irom
Iran Trade Review
Raw Sugar Futures and London Stock Receipts Output
The report covers raw Cuban sugar futures with prices around 1.04 and 1.10 per unit, citing New York quotations and late June movements. London cables note receipts in the United Kingdom near 90,900 tons versus 88,000 last week, with Willett & Gray detailing Atlantic port activity and U.S. market movements.
MENTIONED IN THIS ARTICLE
Une
London
United King
Willett & Gray
United States
Atlantic
Reece
New York
Hopkina Irothers
Hiroad
Livestock Market Report Shows Mixed Cattle Prices June 1 1914
The page details domestic receipts and cattle prices with numerous figures for steers cows bulls calves and dressed beef. It lists various consignors and buyers including Judd & Co and Selig & Co, with regional price ranges and tonnage.
General Market Report Wheat and Corn Slide in New York
General market report from New York June 17 1914 notes heavy selling in wheat and corn with prices reaching multi year lows. Late session partial rebound but overall weak sentiment amid domestic and export pressure. Oats barley and rye show softer to mixed trade with varied cash quotes and rising freight concerns.
MENTIONED IN THIS ARTICLE
America
India
Outport
Souc
Duluth
Manitoba
Freigher
New York
Buffalo
Kannan
Lake and Falls City
Cotton steady as advances push market up in volatility
A bullish private crop report and Liverpool connected houses buying July futures lifted the cotton market yesterday though demand remained selective. The market closed steady with gains on June and Inter deliveries, while Southern spot markets held and local price for middling upland remained around 12.40.
MENTIONED IN THIS ARTICLE
Liverpool
Texas
Inter
Flemmen
Reallaing
COUNTRY PRODUCE MARKETS VIEW 1914 TRADE
Market report from New York June 1914 covering butter cheese fruits vegetables and meats. Recipts and prices listed for butter cheese and eggs with notes on dairy quality and regional variations. Hog beef and sheep prices noted with Kansas City and Chicago grain and provisions context.
MENTIONED IN THIS ARTICLE
Country Produce Markets
New York
Brewster Urged for Class B Director
Long Island City carriage maker William Brewster is backed by several Group 2 banks of the Federal Reserve District in a campaign to elect him Class B director over F F Peabody of Cluett Peabody Troy. The bankers praise Brewster as a job creator and active community figure ready to advise on Federal Reserve benefits.
MENTIONED IN THIS ARTICLE
Long Island
Reserve District
William Brewster
Long Island City
F. F. Peabody
Cluett, Peabody & Co. Troy
Federal Reserve Bank of New York
First National Bank of
Corona
Flushing National Bank
Ridgewoodational Bank
Hamilton National Bank
First National Bank
Jamaica
Citizens National Bank
Patchogue
Whitestone
Brewster
Bankers
Northern Insurance Company
Chamber of Commerce of
Queens County
Metropolitan Museum of Art
Ife
Museum of Natural History
Union League
Automobile of America
Piping Rock
Sleepy Hollow
Federal Reserve
Eet
The Metal Markets Copper and Tin Prices Report
Copper markets steady with London and New York quotes for spot and futures. Tin remains firm in London and New York trading, with spot and futures levels noted despite quiet sessions.
MENTIONED IN THIS ARTICLE
Wear Street
WyGlde
KGIT
Spot
Ilstqgarsti
London
Tim
New York
St la
New
Price Decline in Wheat and Mixed Moves in Commodities
Wheat prices fell to their lowest in about eight years amid oversold signals and a slight rally later in the day. Corn opened with a July break, then rebounded to near unchanged as traders marked futures with limited activity. Overall market dulness persisted, with a narrow session and a small net daily gain.
Also Mentioned on This Page
Missouri Pacific
Wis
National City
Mirst National, Commerce and
Chase National Banks
Igus
Forign Exchange
Minneapolis General Electric
J. G. White Company
Philadelphia Company
BRIEF
Wall Street News
Riker & Hegeman Drug Company
Axhland Emery and Corundum Company
Ohio C. Barber
R. W. Lesley
Henry L. Moses
John M. Braly
James T. Molineux
Trustee
Boston
Howton
Lina Co
Keystone
Lake
Lehigh
Penn
Phila Fleetrie
Warwick I
Y & Penn
Harwood Flee
Hig Laity
V Coal Sc
Fenn & 3d
Ig Mh
Phila
Ask
Lusie
Matt
Houston
Savoy
Man Tran
J. J. Carew & Co
Broad St
Porcupines
Asis
UN Pacrte
Apex
Poreu Crown
Hil
Ns Ty ‘Vada Hille
Crown Chaws
Orcu ‘Tisdale, mi
Reaver Cos
Packtic St
Dome Lake
Roreu Vipond
Braden Cop
Tonopah Min
Brit Cot
Fcaribow Gu
Vularos Hollinger
Tuolum
Jupiter
Lome
Goldie
Nyc
G & An
Peterson Lake
Nile Cop
Cotale Lake
Tuewlay
Baltimore
Atlantic Refining
Elkhorn
Continent
Cumberland
Rye & Fureka
Galena
Cal
Ind
Pittsburgh
Columbia G & Ee
Caton
Washington
Pierce
Pitts
Caton Nat
D & P Tel
Chicago
Mary Wiard
Awit Arbi
Chi Rye
Northy West
Accuen
Toronto
Montreal
Mont Lh&p
Cement Seimvie Vt
A & Om
Willians
Don Textile
Can
Trac
Laurentide
Steere
Connie Unies
Biybi Au
Lalenom
Shannon
Snaoerg
Judd
Hien
Ale
Das
Hiden
Ogre Ro
G. Curtis & Gon
Ee Lximante
Bal Heeon
Andrew Monee
Bola
Pia
Gbitenvack & Bulla
Seins
Hollins
Ermilkette
Ceady
L& Dillenback
Tbs
Seartinass
SAP Lad Inn
Lurtis & Bon
Foun
Selig
E Wind A Co
Newton & Co
Kerns Commission Co
Mkbheren & Co
Yale
Bao
Molnanes
orrEn
Sheep and Lambs
Aale
Seria
Keene Conmission Co
Hmdh
Tin & Shannon
IT Va
Mcpherson & Co
We Heap
Judd & Co
Jg, Curtis & Son
Aeea
Pio Yor
Joe TD
Pena
Roucha
Tali & Sexman
Fiaid
Auguste Sa Sue
New Orleans
Attus
Chang
Bat Trade Quiet Creamery
Uxtrag
Mood
Akima
Bennery
Ben Davis
Baldwin
Carr
Pasket
Toe Jersey
Tou Bernies
Orang
Pete Tey
Porto Roo
Porto Elea
Steeone
Timothy
Bermuda
Bax
Jersey
Springs
Kansas City
Atrones
Loglie
Keselpta
Salon
Havre
Hamburg
Prlers
Sng
Santos
Rifa
Wasgrid
Datpnaz
ADF
Toma
Ste
Fewin
Inc
Mberal
Freigat
Issue Appeal