This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 25 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 23, 1900
Page
4
The page lists numerous bonds with issuers such as Long Dock, Mexican Central, Reading Gen, and Chicago St Louis lines. It reports prices, coupons, and totals, concluding with total bond sales of 1 241.
Closing prices yesterday of the principal active securities reflect general weakness and declines from Thursday, with traders citing traction issues and cautious sentiment. Market indices edged lower as investors reassessed growth, profits, and policy signals.
After a firm opening the stock market sold off amid bear pressure and liquidation. Brooklyn Rapid Transit fell up to 6 percent and ended with a net loss of 6 points. Traders doubt BRT is bankrupt and note banks’ cash surplus remains steady while loans rise.
Government bonds show a steady market with final bids and asks listed for various issues including U S ex 2s reg and reg 4s. Dist of Col 5s and other issues noted. Railroad bonds display irregular trading with total par value sales around 1.25 million, led by Atchison and Baltimore and Ohio, Central Pacific, and Reading general 4s.
London reports American securities firmer but inactive with final zone steady. Notable prices include Atchison 25%, Canadian Pacific 91%, St. Paul 114%, Illinois Central 114%, Louisville and Nashville 77, Union Pacific preferred 73%, New York Central 12%, Erie 11%, Pennsylvania 64, Reading 8, Northern Pacific preferred 73%, Tend Trunk 6%, Anaconda 8%.
Money on call 1% to 1 1 2 percent with 1% ruling. time money 3 to 4 1 4 percent for several terms on railroad collateral. Foreign exchange shows a weak market with varied closing rates for sterling francs marks and other currencies. Bank clearings list New York Philadelphia Boston and Baltimore totals and balances.
Exchange figures show various balances for exchanges in Chicago and abroad, with call money in London at 1 percent and discount rates for short and long bills at 2 11 16 percent. Berlin discount 4 percent, Berlin and Paris exchange rates listed, and a range of foreign securities prices including British consols and French rentes. Silver and gold premiums noted in multiple cities.
Unlisted trades and miscellaneous listings appear in a stock exchange update noting railroad shares and other securities traded. The brief item records sales activity and market notes with concise, period-appropriate language.
Trade figures show entries at the port and market dispositions for dry goods. Values for entered at the port and thrown on the market are listed for the week and cumulative totals from January 1. Amounts near 1.2 million dollars entered. market disposals around 1.1 million dollars. year to date totals surpass 50 million entering and 61 million market figures.
Washington reports beginning of business shows available cash balance at 149,766,717 and total Treasury assets around 225,413,488. Government receipts for the day reach 1,869,952 with expenditures at 1,185,000 and year totals climb to 551,822,878 in receipts versus 480,738,498 in outlays. Sub Treasury balance tallies show a net loss of 851,000 for the period.
The market ended on a soft note with Standard Oil at 520, down from 630 on Thursday. Other notable prices included Havana Commercial at 74 8, Baking Powder 88, Amalgamated Copper 844, and Rubber Goods 23197. Foreign trading saw London buy more than it sold, with total foreign turnover under 19,000 shares.
Reports show National Steel and Bar and Paper preferred issues noted with 1 to 128 share ranges. New York Air Brake directors re-elected. dividend declared. Silver exports of 369000 ounces via United Metal Selling Company. Real Estate Trust Company of New York declares 4 percent semi annual dividend. General Chemical Company pays 1.5 percent on July 2 to preferred stockholders. Cotton Exchange membership sold for 4065. Notices for National City Bank certificates of deposit and New Amsterdam Gas debentures exchange. Southern Railway bonds maturity and exchange option with East Tennessee Virginia and Georgia Railroad via J P Morgan & Co.
Principal buyers and sellers include Brooklyn Rapid Transit, St Paul traders, Missouri Pacific, Northern Pacific, Sugar, People's Gas, Chesapeake and Ohio, Reading first preferred, Metropolis Street Railway, Union Pacific, Chicago Burlington and Quincy, Consolidated Gas, and others. Numerous 1,000 share lots traded with multiple agents involved.
No gold was exported yesterday and sterling rates slipped below par for the first time since April 6. The NY News Bureau reports large treasury disbursements reduced the cash loss from gold exports and government collections to 80 thousand dollars. Express cash flow shows banks up by nearly 1.79 million, with a net lawful money gain of about 1.71 million. Most inflows originate from the East and South, with minimal movement to Canada. Next Monday banks face deposits under the second 5 million call, offset by July interest and dividend disbursements.
The report notes an 22.2 percent increase on the Eastern roads, with gains tapering to 4 percent for the Central Western group, indicating uneven regional performance.
Wheat exports for the week reach 4,445,180 bushels, down from 4,678,029 last week and 3,746,718 in 1899. Since July 1 total wheat exports stand at 196,470,162 bushels, below last year’s 221,769,610. Corn exports for the week total 2,514,593 bushels, less than 3,634,205 last week and 2,872,432 in 1899. Since July 1 corn exports amount to 198,763,920 bushels, up from 165,298,158 last year.
Stock notices furnished by Frederic H. Hatch outline various securities and listings with no detailed trading data in this brief. The item serves as a catalog reference rather than a report of price movements or specific issues.
A Federal Steel Company director said orders for steel rails will keep the South Chicago plant running until November. Prices will not change until next year as contracts for rails are pursued. Rail traffic remains steady with no orders canceled and ore shipments unchanged from a year ago. The company supplies about one million tons annually to external buyers amid a recent slight drop in demand.
Northern Pacific lines show second week of June earnings up 87 202 over last year with July 1 1899 gross earnings totaling 29 567 863 an increase of 3 770 448 compared to the prior year.
Chicago dispatch shows American Steel and Wire Co earnings for May at 800000 dollars, bringing five month total to 6300000 dollars. Industry expects summer dullness but anticipates activity will pick up before the election.
Bradstreet s reports for April show gross earnings at 79 282 884 and net earnings at 22 656 535 for 125 railways, gains of 13.8 percent gross and 135 percent net versus April last year. Mexican railroads lead gross growth at 20.3 percent, Eastern roads 18.3 percent, trunk lines 17 percent, Central West 16.8 percent, coal roads 10.6 percent. Net gains crown Southwestern roads at 25.3 percent, trunk lines 24.3 percent, then others.
Earnings figures from the Kansas City Fort Scott and Me line show performance indicators for freight and passenger services. Analysts note shifts in revenue streams and operating costs across routes, with updates pending for regional benchmarks and future projections.
Chicago reports a volatile trading day with wheat closing higher despite large selloffs by major operators. Crop news from the Northwest cites record heat and drought losses, with forecasts of ploughing by farmers. July and September contracts move, and barley, oats, flaxseed, and provisions show gains amid renewed market activity.
The plan calls for payment to creditors at specific times. Copies of the committee report and plan are available at the depositary and counsel offices. Creditors must submit notes and claims by July 14, 1900, to Metroptes Trust Company at 37 Wall Street New York City for negotiable certificates.
On June 23 190k Samuel Spencer announces that East Tennessee Virginia Georgia Railroad bonds maturing July 1 1900 will be paid at J P Morgan Co. The holder may exchange for Southern Railway First Consolidated Mortgage 5 percent bonds at 107 percent ex July with cash adjustment or for other bond proceeds. J P Morgan Co also states readiness to exchange all related bonds.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.