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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 23, 1905
Page
17
Closing prices of railroad and other stocks show declines with several issues trading amid substantial interests. Market notes highlight steady government bonds and strong railroad and utility bond activity, led by Japanese issues and major U.S. rail lines.
The stock exchange reports closing prices for active bonds with various changes, including large volumes and mixed gains. Additional details cover weekly financial statements from the Bank of England and the Bank of France, noting reserve levels, circulation shifts, and discount rates, along with international securities markets and currency exchange data.
The market traded strongly over five hours on heavy volume, led by major operators and first‑tier houses. Buying in Canadian Pacific signals anticipated gains, while Harriman stocks and United States Steel remain in demand amid a generally optimistic tone.
A short, fragmentary stock report from Baltimore lists items and prices in incomplete fashion. Mentions Van detiatel & Co at No 7 Wall Street and various cotton, rum, and related commodities with partial references to traders and exchanges.
Money market rates show 7 percent opening, 24 percent high, 2 percent close with varied spans. Commercial paper ranges from 3 to 4 percent across terms. Foreign exchange closes steady with diverse banker rates and regional premiums. Domestic exchange notes sight and telegraph figures. clearings totals listed for New York, Philadelphia, Boston, Chicago, Baltimore. Silver and gold markets noted with London settling. Mexican exchange cited. Government receipts show customs, internal revenue, and miscellaneous sums. Sub-Treasury transferred to Clearing House with balance details.
Foreign trading shows 0 shares in local markets while London markets stay heavy. Money remains easy with Bank of England reserve strength. gains appear in weekly bull movement. Traders cite Union Pacific, Southern Pacific, Brooklyns, and Pennsylvanias as influences amid a mixed turnover, with Norfolk and Western strength noted and United States Mortgage and Trust Company reshuffles at senior levels.
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