Gold export movement pushes London sterling. gold holdings rise
Gold shipments to Paris and London fuel foreign demand while banks report limited US bills and dull market. Goldman Sachs and Heidelbach Ickelheimer lead consignments totaling 22.8 million dollars with further movements expected as imports fall and export activity weakens. Domestic gold markets fear further abroad flow unless money rates rise.
MENTIONED IN THIS ARTICLE
Paris
Goldman, Sachs & Co
Azerd Vreres
Heidelbach, Ickelheimer & Co
Consignis
London
Farle
HW Street
Imy S
Market Dullness Masks Late Gains Across Stocks
The stock market opened with extremely low volume and dull trading, with total shares traded near the day’s lowest since 1905. Yet late-session activity brought gains for Reading, Union Pacific, Southern Pacific, Atchison, and Alabama Copper as the market closed stronger than earlier, amid overall cautious sentiment.
MENTIONED IN THIS ARTICLE
St lv
Stock Exchange
Union Pacific
Southern Pacific
Atchison
Algamath Copper
St Louis breweries discuss secret merger plans
In St Louis on June 4 a closed meeting in E C Crew’s office drew reps from several breweries amid rumors of a large nine brewery consolidation. James S Toledo is reported to be involved in forming the alliance.
MENTIONED IN THIS ARTICLE
St. Louis
E. C. Crew
James
Toledo
Railroad Earnings for June 1907 Across Major Lines
The report lists weekly and monthly earnings for several railroads, including Alabama Great Southern, Cincinnati New Orleans & Texas Pacific, Chicago, Milwaukee & St Paul, Chicago, St Paul, Minneapolis and Omaha, and Pittsburg Cincinnati Chicago & Louisville. Figures show total operating revenues, expenses, and net earnings, with periods ranging from May to June. Highlights include substantial month of May and June earnings across multiple routes, and trends in operating income versus expenses.
MENTIONED IN THIS ARTICLE
Alabama Great Southern
Cincisnati
New Orleans
Chicago
ST. Paul
Omaha
Pitteri HG
Cincinnati
Louis
Auction Sales and Financial Notices Listing Various Securities
Auction sales led by Andre Wot Met Ormac E TernaR and Adrian H Muller & Son feature stocks and bonds with bankrupcy ordered entries. Listings include Atlantic and Birmingham Railroad, Beech Creek and Eastern, Union Typewriter, St. Louis RR, and several mining and industrial concerns with varied par values, coupons and interests. Notices reference executors administrators trustees and various city and national entities with dates around June 26 and November 1952.
MENTIONED IN THIS ARTICLE
Chemu
Just Co
Elmira
Aiken
Wilcox
Newport Kee Oe
Yonkers
Ottacuse, N. ¥., Inc
Ws and
St. Louis Ro R. Co
Clinton Hall
Irran Manufacture Union Typewriter Co
Cor Minn
St. Louise
Mar
Pfa
Amran Agricultural Chemical Co
Central of Georgia
Guardian Trust Co
Pennsylvania
Beech Creek and
Eastern Qual Co
Atlantic and
Danville
R. R. Ist
Inc
Frontier Mining Mutual Home and Investment Co
Kan
Mining Co
Sirtge Co
Ow.nd Machine Co
Mexicoan Sugar Corp
Texas Rice Irrigating and Milling Co
American Express Wins Local Express Monopoly Shuffle
American Express will take over the local express business between this city and Chicago on July 1 reversing prior roles with United States Express. The shift, worth about 15000 dollars a year, follows bids to align routes via New York Central and Lake Shore lines. By August 1 American Express will control Erie express routes as well, with New York Central owning substantial American Express stock.
MENTIONED IN THIS ARTICLE
American Express Company
Hicago
United States Express
American Company
Chicago
New York Central
Lake Shore
United States Express Company
Lackawanna
United States Egopress Company
Buffalo
Lakes
Boeacanellon
New York Central Railroad Com
American Xpress Company
Businesas
Chang
United States Company
Express
Erie
Cotton leak case trial resumes in crime court
Edwin S. of the Department Chicago AP testifies about a May interview with Secretary Wilson who predicted a normal crop. Defense seeks to show violation of policy, while judge rules on disclosure limits and a motion to dismiss rests on whether the offense rests under statute or department rule. Jury excused. June 24 notes continue with statistics officials and department secrecy.
MENTIONED IN THIS ARTICLE
Edwin S. F
James D. Gibson
Chicago
Associated Press
Wilson
Baker
Department
Bureau of Statistics
Worthington
Holmes
Stafford
Helmes
Lester
Notice of special meeting on liquidation and bank reorganization
Notice to Stepholders that a special meeting will be held at the office on 34th Street Manhattan New York on July Sunday at 4 PM to act on a resolution to place The Thirty Fourth Street National Bank of New York in voluntary liquidation and to authorize formation of The New Netherland Bank of New York to succeed its assets and business with incorporation under New York law the date to be July 1900 and to discuss other essential matters Curtis J Beard cashier
MENTIONED IN THIS ARTICLE
Te K
Ate 34Th Street
Borough of
Manhattan
New York
Thirty-Fourth Street National Bank of New York
United States
New Netherland Bank of New York
State of New York
Curtis J: Beard
Treasury ends bond purchase for 4 per cent bonds
The Treasury Department completed the purchase of 25 million dollars in 4 per cent bonds maturing July 1, 1907 under the secretary’s order issued in April. It is understood no more 4 per cent bonds will be bought now, and unredeemed bonds will be taken up and paid after July 2.
MENTIONED IN THIS ARTICLE
T Washington
Treasury Department
Secretary of the Treasury
Ex-Judge Ferris Named Examiner in Standard Oil Case
Judges Sanborn Vandeventer and Adams in the United States Circuit Court appoint former St Louis judge Franklin Ferris as examiner to take testimony in the United States against the Standard Oil Company. Testimony begins July with a response deadline on portions of the government’s original bill. September 25 is set for the next court hearing at which additional examiners may be appointed if needed.
MENTIONED IN THIS ARTICLE
St. Paul
Sanborn, Vandeventer and Adams
United States Circuit Court
Franklin Ferris
St. Louis
United States
Standard Oil Company
Philadelphia Bonds Awarded To Drexel and Brown Bros
Mayor Reyburn opened bids for the $6 million 4 percent Philadelphia city bonds and awarded the entire issue to Drexel and Brown Brothers in a joint bid of 100.27 percent. Nineteen bids were received, but only the successful joint bid covered the full issue.
MENTIONED IN THIS ARTICLE
Drexel & Co
Brown Bros. & Co
Philadelphia
Reyburn
Creditor Claims Tie to Bowery Jeweller in Removal Case
A jeweller at 268 Bowery faces concealment and removal of stock claims by creditors Solomon Zucker Isidor Katg and Harry Blick. A voluntary petition lists Charles Nareff an assistant to auctioneers of 6 Norfolk Street, with Habilttes at 2418 and assets of 0. The principal creditor is William Neeley Company at 25.
MENTIONED IN THIS ARTICLE
Bowery
Solomon Zucker
Isidor Katg
Harry Blick
Charles Nareff
Norfolk Street
William Neeley Company
Iron Market Stability Amid Summer Quiet in United States
Rogers, Brown & Co. report general quietness in pig iron markets as summer lull hits. Consumers seek iron while buying slows. market remains firm and sound with full domestic consumption. Some deterioration from a large steel firm’s failure shifts furnace books and prompts slight price drops on front end, while nonlocal furnaces keep prices unchanged. Coke demand is firmer. foreign demand weakens but could rebound as English iron becomes cheaper.
North Carolina rate enjoined in federal case
In Raleigh on June 24 the United States Circuit Court, under Judge J. H. Richardson, granted an injunction on an application by Cravath Hendersen and Gersdorff for the Fearchard Trust Company of New York and Charles W. Tillett of the barots firm. The action restrains certain rate increases under a federal mandate. The case concerns the Ashley territory and related rate proceedings.
MENTIONED IN THIS ARTICLE
Nortiw
Carolina
N. C
Cravath
Menderson & Gersdorff
Fearchard Trust Compar
New York
Charles W. Tillett
Arsots
J. © Iitehard
United States Circuit Court
Tofey
Demand for Bigger Dividends From United States Express
A shareholders committee of the United States Express Company demands an immediate increase from 4 to 7 percent in dividends. It asserts the company can sustain 7 percent from investments, even if it exits the express business, noting current net earnings at a percentage and citing higher dividends by Adams Express and others. The committee estimates assets at 16 931 and goodwill at 1,000,000, aiming to mobilize about 15,000 of roughly sixteen thousand stockholders to back the campaign.
MENTIONED IN THIS ARTICLE
United States Express Company
Adams Express
United States Xpress Company
Involuntary Bankruptcy Petition Filed Against David Sarisilver
Yesterday the clerk of the United States District Court recorded petitions in bankruptcy. An involuntary petition was filed against David Sarisilver, initiating a formal creditor action.
MENTIONED IN THIS ARTICLE
United States District Court
David Sarisilver
Move in Nebraska rate fight in federal court
The Union Pacific Railroad asked a federal court to enjoin the State Railway Commission from enforcing the July effective commodity freight rate law. The cross bill to the attorney general’s injunction suit argues jurisdiction questions, to be argued next week, as Nebraska courts confront a federal jurisdiction clash similar to Missouri.
MENTIONED IN THIS ARTICLE
Nebraska
Linenin
Neb
Union Pacific Railroad
State Railway Commission
Weral
Munger
Missouri
Grain futures slide on weak demand and weather drift
Chicago markets showed broad weakness as long holders sold off amid fears of a telegraph strike and favorable crop weather. September wheat opened firm on Liverpool plus supplies but closed near day lows. oats led declines. corn also fell with broad selling in July and other months. Primary receipts rose, fueling bearish sentiment across wheat, oats, and corn markets.
MENTIONED IN THIS ARTICLE
Chicago
Longs
I&ee
Liverpool
Ocean Passage
Canada
Minneapolis
Duluth
American Chicle Company declares regular and extra dividends
Secretary A Rixby announces a regular quarterly dividend of one and one half percent on Preferred Stock payable July 1 and an extra one percent on Common Stock payable July 2 toholders of record at 3 PM July 15. Transfer books close Monday July 15 and reopen. Market news notes firm provisions, pork market activity, and projected receipts for tomorrow including wheat corn oats and hogs.
MENTIONED IN THIS ARTICLE
American Woolen Company
State Street
Boston
Mass
Charles A. Hubbard
American Car & Foundry Company
St. Louis
The
Company of New York
Ness
American Car X& Foundry Company
New York
Common Capital
Dire Gay
Delano
American Chicle Company
Close & R M
Henry Row SY
Lake Erie & Sree RK. Rk. CO
Grand Central Station
Mpany
Charles F. Cox
Livestock Receipts and Quotations At York Market
Weekly receipts show 11 156 head for two days with 47 cars for expert live sales and 8 for market. Steers light in supply with fat dry cows stronger, grass bulls weak. Prices range for steers to 5 tops per cwt, cows to 4 50, bulls to about 5 25. Exports to London Liverpool and Antwerp noted. Arkansas and Philadelphia buyers listed.
MENTIONED IN THIS ARTICLE
York
Reeves
Jersey City
Bixtleth
H Valley
Weehawken
Jase
Schwarzschild
Schwarzschild& Schwarzschild
Schwarzschild & J
Shamberg & & J
Shamberg & Ss
Morris Beef
Morris Beef Company
Rath
Cedric Beef Pany
Philadelphia
Adriatic Swift Beef
Armour & Co
de Armour & Co
Cudahy Packing Co
Danteis Berg L. S. Dillenback
Boston
Delphia
Real Canon
London
Liverpool
Glasgow
Kristol
Vata
Manchester
Antwerp
Bermuda
West Indies
Cinta
OSS
Mer
Schwarzschild & Sulzberger
Jjs
There
Sam
Salea
S. Sanders
Newton
Ohio
Pennsylvania
McPherson & Co
Shamterg & Son
Chicago
Virginia
Curtis & Son
Livestock Market Report Mixed Calves and Lambs Sold
The two day receipts total 7 five cars with many hogs and lambs. Prices eased on most lots with mixed calves and veals trading around 3 to 4 dollars per hundredweight. Lambs and sheep showed steady demand, buyers focused on prime and well-finished lots. Vendors listed included Hume Tobin & Shannon and Sanders, with various weights and regions from Kentucky to Virginia noted.
MENTIONED IN THIS ARTICLE
Tobin & Shannon
Sanders
S. Sanders
Cattle and Hogs Prices From Major Markets Telegraphed
Receipts across markets show cattle steady to mixed with prime steers around 44 to 55 per hundredweight and hogs trading lower or steady in the mid 60s to 80s. Sheep and lambs uneven. lambs around 5 to 7 dollars. western fed steers near 49 to 66. calves and bulls vary by region. Texas and Kansas listings note steady to higher bids for stoppers and dressed beef, with southern cattle mixed and hogs pressured by lighter demand.
MENTIONED IN THIS ARTICLE
Pt PF Ivgselo
HLM
Kansaca City
Texas
Also Mentioned on This Page
Europe
Dulness ON ‘Chlange
Advancine
ST. Louis Brewery
Consolidated Exchange Sales
Doha
Uae
Nori Ree
Sabie
Swamend
Traper
Ei Brick Wa S. Kk & F S
Moe
Peirot
Toledo & Llonton
Andre Wot
Ormac Eternar
Adrian H. Muller
SOR
Hangelesroom
Sey Street
Birmingham
HA. R
Birmingham R. BR. Ptd
Atlanti
Birmingham R. R
I. Shs Iohn
American Express
U.S
Kansas
Missouri, Kansas & Texas Bay
Naps
Mackay &Co
Spencer Trask & Co
Nassau St
William & Pine Sts
Cesicheoks
Johs Griswold
William J. Boome
Cor Vth
Std Avenue
NEW York Shin Bank
William Fellinger
James I. Wandling
Rchibald M Pentz
Maiden Lane Savings Bank
Ann
Mose
Law Indmulle
Maurice Maas
Corath
Asimir Tag
North River Savings Bank
W. S4th
St. Bet
To & P.m
Samuel D. Styles
Frederick No Cheshire
Charlies F. Turton
Mr. Wilson
Bank For Savings
Fourth Avenue
Board of Trustees
Depesitora
Princcipal
Vth
Walter Trimele
A. Sherman Retar Owles
Comptroller Co
Upy
Chari James
Park Place
J Stuart
Etary Hutc Hinson
West 34Th Street
Lis
Carolina & Western Railroad Company
North Carolina Corporation Commission
North Carolina
Pritchard
Treasury
Minnesota
Philadelphia Bonds
U. S. Express Company
Chicago Grain and Provisions
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
Fisk & Robinson
Cedar Street
WM. H. Dwelly, Jr
Masa
United Fruit Company
Buffalo & Susquehanna Railroad Company
ALEHR
Cedar St. N
S. S Delano
Im A. Rixby
D. A. Bixby
Citizens' Central National Bank OF New York
Albion K. Chapman
Une
City OF
William Milne
Peoria & SF. Louis Railway CO
New Yorly Pari
Messrs
H. W. Berger
NEW York Central & Hudson River Road Company
Tre
Railroad Company
Central and Hudson River
Edward L. Réssiter
Leveland
Cencennate
Chieago
ST. Loum KY
Anada
Charles F. C OX
Michigan Central Railroad
Central Station
Shore & Rd
Southern RY. Coo. S
Ita Comin Capital
Charles F Cox
Bank OF America
WM. Bennet
Chatham Nationge Bank
Fou Mt
P. Doremus
KR. Hume
Ditlenback
OW_ Otis & Co
Telegraph
EU Sey
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