Gold Exports Drive European Demand and London Forwarding
Gold shipments to Europe surge with Goldman Sachs and Heidelbach firms handling large blocks. Forwarded gold totals rise amid limited foreign appetite for U S securities and a quiet Wall Street, while bills supply tight and sterling gains support. Imports remain heavy as exports dip, shaping a cautious finance outlook.
MENTIONED IN THIS ARTICLE
Paris
Goldman, Sachs & Co
Jarverd Vreres
Heidelbach, Joketheimer & Co
London
Faris
Wall Street
United States
Dull Stock Market With Slim Volume In Late Trading
The day proved the dullest of the period with total transactions barely over 60 000 shares by the last hour. Reading led activity with a 1 2 point gain, Union Pacific advanced about 1 in late trading, while Southern Pacific Atchison and Magdalene Copper also rose modestly as the market closed with a firmer undertone.
MENTIONED IN THIS ARTICLE
Stock Exchange
Los
Giorket
Unicon Pacific
O Oher
Southern Pacific
Atchison
St Louis brewing firms discuss secret merger plan
Louis June 4 A closed meeting was held in the office of E C Cros attended by representatives of several breweries. A refined rumor says a 6 000 000 brewery combination is being formed. James B Sz alelo is reported here and said to be serving in forming the consolidation of nine St Louis breweries.
MENTIONED IN THIS ARTICLE
Louis
E. C. Cros
James
Lelo
St. Louis
Railroad Earnings In June Show Mixed Results Across Lines
The June earnings landscape across major railroads including Alabama GEE Saint Sig Cincinnati New Orleans Texas Pacific Chicago and North Western Chicago St Paul and others reflects varied performance. Net figures show substantial totals like 11,709,711 and 2,078,086 with several lines reporting month over month gains and others softer profits amid ongoing market shifts.
MENTIONED IN THIS ARTICLE
Moch
Alabama Gee
Saint Sig
Cincinnati
New Orleans
Texas Pacific
Chicago
Northwestern
ST. Paul
Monts
Chicago & ST
Zawie
Tarwaar
Auction Sales Financial. Regular Auction Sale of Stocks and Bonds
Adrian H Muller & Co execute a bankruptcy trustees sale on June 26 at 32:30, offering 5000 Atlantic and Birmingham stock, 176 scrip, 20 shares preferred, 15 scrip, 7 shares common, and 50 scrip. Also listed are bonds, trusts, railroad and utility shares from multiple issuers with various maturities and notes of administrators and executors.
MENTIONED IN THIS ARTICLE
Tryustee
Atlantic
Birmingham R. KR
IMA
Birmingham R
Birmingham
RB. R
American Express to Take Over Local Express Routes
American Express will on July 1 assume all local express business between the city and Chicago from United States Express, reversing current arrangements. American Express will run both local and through routes. United States Express will focus on through traffic to Chicago. The shift, valued around 5,000 a year, aligns with New York Central’s earnings goals and route preferences. August 1 then adds Erie express business to American Express. NY Central reportedly holds substantial American Express stock.
MENTIONED IN THIS ARTICLE
American Express Company
City
Chicago
United States Express Company
New York Central
Lake Shore
Here
Lackawanna
Buffalo
Lakere
Tates Pxtory
United Press Company
New York Central Railroad Cmpany
American Xpress Company
United States Express
Express
Yale
New York
Cen
Erie
Dividend Declarations and Market Summary From Jefferies Reuters
JT A Rixby announces quarterly dividend details for American Car and American Chicle Company with a 1.5 percent preferred and 1 percent common, payable July 1. Transfer books close on June 2 and reopen July 2 for preferred, July 15 for common. Market notes show mixed price movement across pork and lard futures with a Septembe r contract around 6.00.
MENTIONED IN THIS ARTICLE
American Car & Foundry Company
St Louis
B of Directors
Italy
New York
York City
Aheas
New
Guaranty Trust Company of
Neassay Street
New York City
Delano
American Chicle Company
Henry Howley Tressurer
American Woolen Company
Cotton Leak Case Trial Opens in Washington
The Edwin S. Holmes trial resumed in the district court with debate over whether Secretary Wilson violated department rules by sharing general statistics. Defense argues only statutory crime can be punished. judge upholds questions on official information while the jury is sent home for the day.
MENTIONED IN THIS ARTICLE
Washington
Edwin
Holmes
Department of Aerts
James D Gideon
Chicago
Associated Press
Wilson
Baker
Wilsean
Department
Bureau of Statistics
Worthington
Stafford
Giteen
Helmes
Lester
Treasury Ends Bond Purchase in 4 Per Cent Issues
The Treasury Department completed today the purchase of four per cent bonds maturing July 1, 1907, under the Secretary of the Treasury order issued last April. No more four per cent bonds will be bought at this time, but unredeemed bonds will be taken up and paid for on and after July 2. The action was announced from Washington.
MENTIONED IN THIS ARTICLE
Treasury Department
Secretary of the Treasury
Washington
Judge Ferris named examiner in United States v Standard Oil
In St Paul on June 2, Judge Sanborn Vandeventer and Adams appointed Franklin Ferris of St Louis as examiner to take testimony in the United States against Standard Oil Company. Testimony begins in July with the company to answer government objections. September 25 is set for the next court hearing when additional examiners may be appointed.
MENTIONED IN THIS ARTICLE
St. Paul
Drexel and Brown Bros Win Philadelphia Bond Issue
Philadelphia June 24 Mayor Reyburn opened bids for six million city bonds. Drexel Co and Brown Bros Co made a joint bid of 119.27 percent for the entire issue, with nineteen bids received but only one bid covering the whole issue.
MENTIONED IN THIS ARTICLE
Drexel & Co
Brown Bros. & Co
Philadelphia
Reyburn
Jeweller at Bowery faces creditors over concealment of stock
A voluntary petition by Charles Nareff of 8 Norfolk Street alleges concealment and removal of stock and assets. Total liabilities reach 2515 with assets of 6. Principal creditor named as William Neeley Company. claims include Solomon Zucker 250, Isidor Katg Sus, and Harry Blick.
MENTIONED IN THIS ARTICLE
Bowery
Solomon Zucker
Isidor Katg
Sus
Harry Blick
Charles Nareff
Norfolk Street
William Neeley
Iron Market Steady Despite Summer Lull Says Review
ayown and Co report the iron situation remains firm as consumption steady across the United States. Buying slowed but demand stays persistent, with no real market disruption despite a steel firm failure causing slight price adjustments. Coke remains firm, furnace output adapts, and English iron may undercut if foreign demand rises. prices likely to climb with renewed U.S. buying.
Demand for Higher Dividends by United States Express Co
Shareholders of United States Express Company push for a 7 percent dividend rate. A circular claims the firm can sustain 7 percent from investments and still quit the express business, noting 15 percent net earnings while current dividend is limited. The committee targets about 15,000 of 16,000 stockholders to back the demand.
MENTIONED IN THIS ARTICLE
United States Express Company
Committed
United Stated Express Company
Adams Express Company
Express Companien
North Carolina Rate Enjoined Disputed Rate Action
Asheville N C June 24 Judge J Richards of the United States Circuit Court granted an injunction on a rate case filed by Ivath Henderson Gersdorff representing the Ards Trust Company of New York and W Tillett of Charlotte The order restrains further action pending the outcome of the case against the proposed rate changes and seeks to protect existing rates until the matter is fully litigated.
MENTIONED IN THIS ARTICLE
Carolina & Western Railroad Company
North Carolina Corporation Commission
North Carolina
Pritchard
Asheville
N. C
Ivath, Henderson & Gersdorff
Ards Trust Company
New York
W. Tillett
Charlotte
J. ©. Iiiehard
United States Circuit Court
Bankruptcy petitions filed in U S District Court against David Sartsilver
Yesterday the clerk of the United States District Court received petitions in bankruptcy. An involuntary petition was filed against David Sartsilver, initiating court action toward debtor relief.
MENTIONED IN THIS ARTICLE
United States District Court
David Sartsilver
Move in Nebraska rate fight escalates to federal cross bill
Union Pacific Railroad in Nebraska filed a federal cross bill seeking to block the State Railway Commission from enforcing the upcoming July commodity freight rate law. Judge Munger allowed the cross bill but questioned federal jurisdiction, a issue to be argued next week. The Nebraska jurisdiction dispute mirrors a Missouri case and adds to the cross-state constitutional question.
MENTIONED IN THIS ARTICLE
Nebraska
LinenIn
Neb
Union Pacific Railroad
State Raitlway Commission
Munger
Missouri
Chicago grain markets weak on liberal selling by longs
June 21 Chicago markets show broad weakness as longs dump grain. September wheat slips, oats fall sharply, corn down modestly while provisions edge higher. Weak close follows initial firm open tied to Liverpool advance and large fresh ocean freight stocks. Weather favors new crop despite telegraph strike fears. receipts large at Minneapolis and Chicago.
MENTIONED IN THIS ARTICLE
Stier
diXc
Chicago
Longs
Liverpool
Ocean Passage
Canada
Siler
Skye
Minneapolis
Duluth
Iorge Helders
Livestock Market Prices and Receipts Report
Newark June 24 report from Reeves and Schwarzschild lists cattle receipts and market quotes. Native steers and bulls show steadier to mixed prices with varied car delivery. exports and shipper totals noted, including Armour Swift and Morris Co. firms.
MENTIONED IN THIS ARTICLE
Jersey City
Bixtieth
Schwarzschild
Schwarzschild & S
Newark
le & Bi
Schwareschild
Ponaceipata
Ji Shamberg & Son
J. Shamberg & Son
Morris Beef Company
Cevle
Adriatic
Morris
Cedric
Die Morris Ef Ci Y
Philadelphia
Ln Swift Beef Company
Adriatte
Swift Beef Company
Cedric. Armour & Co
Certric Ove “O
Cudahy Packing Company
Certe
Armour & W. Daniels IL
Dillenback
Talisman Total
Boston
Liverpool
Glasgow
Bristol
Antwerp
Bermudian
Hs Pddelphi
Manchester
Bermuda
West Indes
Reeves
RED Reeves
Liverton Eebles
London
Schwargechild & Sulzberger
Cnnsylvania
Herson & Do
Ohio
Pennsylvania
Sio
Penn
Shambere & Son
Chicago
Gmth
Virginia
J. G. Curtie & Sons
Livestock Auction Report Highlights Veals and Hogs Prices
Receipts show cattle calves veals and hogs sold with veals around 7 and 8 per hundredweight and hogs averaging near 6.50 per cwt. Multiple buyers including Hume Curtis and Sanders reported varied lots from Virginia Kentucky and Tennessee with several prices listed for sheep lambs and buttermilk sales. Prime lambs and mutton held steady while mixed calves and yearlings traded at 4 to 7 per cwt amid active demand.
MENTIONED IN THIS ARTICLE
Ms . Hume
Usc
John PF
SS. Cal
ST TS
ST Ee
Curtis
Tarowouta
Léa
Kk. Hume
George & LS Duilentack
Otis &Run
Virginia
Kentucky
Arto
Tennessee
S. Judd & Co
Tobin & Shannon
Sanders
McPherson
Market Recap Chicago and Kansas cattle hogs and sheep
Cattle receipts about 24 000 to 10 000 in Chicago and Kansas City with varied classes steady to weak. Hogs receipts around 14 500 head in Chicago with prices lower. best bids around 5 0 5 95. Sheep and lambs receipts about 8 000 in Chicago and 1 0 0 0 in Kansas City, with mixed to firm prices for lambs and steady ewes.
MENTIONED IN THIS ARTICLE
Chicago
Pealely
Wethe
Aera
Keneas
Texas
Hans Owem
Also Mentioned on This Page
Gol
Europe
Dulness ON ’Chlange
Advanci
ST. Louis Brewery
Consolidated Exchange Sales
Ananda
WiMo Kan
Lina
Tibet
BO Consl
Riktor
Ian Aris
Ronen
Cotwem Gas
Peiroit
EPO & Lronton
Andrew J. McCormaci
Adrian H. Muller
Sue
Canal Trust Co
Elmira
Gunnb
Wiloen & Gibbs Guane Co
Newport
Casine Techs
Peerta Dam
Bureau Valier RR
Velley Forme Co
Yonkers
Mit
Syracuse
Y, Inc
Minneapolis and St Louis
Levee
Andy
Simmercial Co
Union Typewriter Co
Minn
St Leute
Central of Georgia
Guardian Trust
de Penneylvania
Resch Creek
Danville RR
Ircllating and Milling Co
Pra
Searsiale Estates
Fin
Incia al
American Express
U.S
Missouri, Kansas & Texas , Co
Mertenge
SPOCK
Missouri, Kansas & Texas Ba Y
SA Sur
Mackay &Co
Spencer Trask & Co
Nassau St
William & Pine
Ith
Liam Fellinger
James JL
Wandling
Archibald M Rents
Maiden Lane Savings Bank
Alsume
Sint
LL ‘ Mauric
Maas
Savings Bank
Sand
Asimir Tag
Amthor, Tray
North River Savings Bank
S21
W. Sith St. Bet
Sth & Sith
Aves
Samuel de Styles
Frederick No Cheshire
Charles F. Turton
JT A. Rixby
American Car
United Fruit Company
State Street
Reston
Mass
Charles A Hubbard
Buffalo & Susquehanna Railroad Company
Lehr
Fisk & Robinson
Cedar St
I & Delano
D. A. _BINBY
Citizens
Tral National Bank OF New York
Roart of Directors
Albion K. Chapma
Mr. Wilson
THE
Bank For Savings
Vowel Avocgue
Board of Trustees
Doryie
Depesitora
Walter Trimble
Sachmann
Secretar Knowles
Comeitenitor
Chari Jam
York
Jaiv Let
Dey
H.F. Hutchinson
Thirty-Fourth Street National Bank OF New York
West 34Th Street
4Th Street
Manhattan
Thirty Fourth Street National Park
Efert
NEW Netherland OF
New Netherland Bank of New York
Curtis J. Beard
Yuet
the Crust CompAny of America
Colonial Branch
Broadway
Wall ST
Buffalo & Susquehanna R. R
Gulf & Ship Island R. R
Keystone Telephone Co. of
Phila
Kansas City Viaduct & Term
St. Louis, Rocky Mountain & Pacific Co
Cedar Street, New York
WM. H. Dwelly, Jr
Mase
Treasury
MOVE
Minnesota
Philadelphia Bonds
U. S. Express Company
Chicago Grain and Provisions
Peoples Bank OF
City OF New York
Rock
M. William Milne
Springfield
Consolidated Mnworth
Tn Oe
F. Loris Railway Coo
M Street
Imer & Co
Messia
H W. Berger
York Central
Hudson River
LEM Railroad Company
New York Central and
Lake Erie & Western BR
Grand Central Station
LWT
Charles F. Cox
Cleveland
CINC
Ago & ST. Lows RY
Beard Company
Trs
Peterick
Messrs J. Forgan & Co
Anada Southern Kaseway
Michigan
Baseroad
Grand Central Strates
Dicere
S Co
Stockhold
Southern RY. CO
Ite
Ok FM
Lake Shore & Michig
Grand Central
Cox
National Biscuit Company
le Ly Ith
Phe 'Tsines
F E Bugree
Bank OF America
Tada M. Bennett
Chatham National Bank
Doremus
Shannon
Telegraph
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