Stock Values Improve as Shorts Run to Cover
Closing prices yesterday show gains in principal active securities with shorts covering. Bank clearings reported for New York Philadelphia Boston Baltimore Chicago. foreign money market notes London call rate and Berlin Paris exchange quotes. foreign securities list includes British consols French rentes Spanish 4s. silver and gold premiums noted with international pricing and bank figures.
MENTIONED IN THIS ARTICLE
Cincinnati
Cmium
Boston
Chicago
St.ouis
Savannah
Charleston
New York
Philadelphia
Baltimore
Oreign Money Market
London
Erlin
Berlin Exchange
Paris Exchange
Paris
Tito
Madrid
Lisbon
Buenos Ayres
Rome
Seene Bank
Bonds roundup of corporate and railway notes
Fragmented bond listings mention Bao Sue Eee B and Co and S o list 4s, Mexican Cen 1st inc 25 percent, Wabash D Bs, North Pac 3s, Reading gen 4s, and St Louis IM 4s with various yield estimates and coupon figures. Reading market summaries show mixed prices and percentage changes amid a miscellaneous securities page.
MENTIONED IN THIS ARTICLE
Bao Sue Eee
B&os
Col & So
Cen 1St Inc
North Pao
L& IM
Market gains amid short covering and crop news drive cautious optimism
The market advanced as short covering and profit taking continued with broad participation. Brooklyn Rapid Transit rose from 52 to 57 as bears covered, crop news improved wheat prices cooled, and rail earnings for mid-June stayed robust with year over year gains.
Day's Operations In Bonds Government and Railroad
Government bonds held steady with final quotes for 4s of 1925 at 134% Ss and 113% for 4s of 1907 reg. Railroad bonds showed market irregularity with total sales near par value of 1,097,500 and activity led by Atchison general 4s and Baltimore and Ohio issues among others.
MENTIONED IN THIS ARTICLE
Atchison General
Baltimore and Ohio
Southwestern Division
Chesapeake and Ohio
Colorado and Southern
Mexican Central
Northern Pacific
Reading General
St. Louis
Iron Mountain
R. L. Day & Co
At&s5
Oak Atchison
England
AS R Co Com
Atlantic
Bost & Mont Aso Bost
Albany
Butte & Bost
Bost & Me
Cal & Hecla
Chic Bar
Mex Central
Tamarack
Old Colony
Wolverines
Boston el
Union Pac Com
Arcadian
West End
Wrandotte
Do Pretons Ae
Allouez West Elec
Dominion Coal
Money Rates and Exchange Report Confusing OCR Note
Money on call 1 1 percent. time money varied from 3022 to 4 4 percent for several months on railroad collateral. Commercial paper 4 4 percent for short terms for top names. Foreign exchange steady with closing rates shown for cables sight sixty days. Bankers post rates and Reichsmarks values noted amid garbled OCR text. Domestic exchange references New Orleans.
MENTIONED IN THIS ARTICLE
Reengsee Ce
Reichsmarks
Fort Reichsmarks
Seeerces
Omestic Exchange
New-Orleans
Sales at the Stock Exchange and Rail Stocks Rise
The stock market headlines rail and other shares advancing with active trading at the exchange. Railroad stocks showed gains as investors rotated into transportation issues while broad market sentiment remained cautious.
MENTIONED IN THIS ARTICLE
THE
Stock Exchange
American securities abroad show firm early in London trading
London opened with American securities advancing and holding near closing. The market was largely inactive with a good tone. Notable final quotes include Atchison 74 4, Canadian Pacific 90, St. Paul 118 1 2, Illinois Central 114, Louisville and Nashville 77 1 4, Union Pacific preferred 72, New York Central 131, Erie 11, Pennsylvania 64, Reading 8, Erie first preferred 33 5 4, Northern Pacific preferred 72, Grand Trunk 6, Anaconda end fragment.
MENTIONED IN THIS ARTICLE
London
Atchison
Canadian Pacific
St. Paul
Illinois Central
Louisville and Nashville
Union Pacific
New York Central
Erie
Pennsylvania
Reading
Erie First
Northern Pacific
Grand Trunk
Anaconda
Am Steel Hoop
Am Steel & W
Top & SF
Js Tis
Bak & Ohio
Brooklyn RT
Ches & Ohio
Chi Bur & Qy
Chi Mil & St P
Chi RI ® Pac
Cripple Ck
Cable Recens
Comstock Ae
Federal Steel
Justice Sane
Little Chi
Louis & Nash
Pacific Mall
Savage
Syndicate
Southern Pacific
Tenn Coal & I
Ing
West
Bush
Treasury Report Shows Cash, Gold, and Receipts Balance
Washington June 24 The Treasury divisions of issue and redemption report totals for reserve fund trust funds and general fund with gold and silver holdings, currency certificates, and United States notes. Government receipts from customs internal revenue and miscellaneous amount to 1.297 million for the day with 1.04 million in expenditures and a year to date excess of 73.18 million.
MENTIONED IN THIS ARTICLE
United States
Ee Ee
Tsore Times
Washington
National Bank
Exports of Merchandise at Port of New York 1898 1900
Week ending June 26 reports exports totaling 8,478,366 dollars with 8,738,977 in freight and 11,259,860 in value. From January 1 entries show 245,804,1737,659,574 and 292,750,672.
MENTIONED IN THIS ARTICLE
New York
Wall Street Close and Overseas Market Activity Report
Market closed dull with Standard Oil at 10 615, others include Havana Commercial 74 8, Amalgamated Copper 8 8544, Bay State Gas 1 1%4, Rubber Goods 22422% and more. London traded ~30000 shares with Baltimore and Ohio sale. Wabash debenture A bonds declare 3 percent dividend.
MENTIONED IN THIS ARTICLE
Standard O l
Havana
Bay State
Markeen
Amalgamated
Amsterdam
America
New-York
London
Baltimore and Ohio
American Steel and Wire
General Electric
New York Central
Rock Island
St. Paul
Union Pacific
American Tobacco
Southern Railway
Brooklyn Rapid Transit
Federal Steel
Atchison
People’s Gas
Consolidated Gas
Missouri Pacific
Northern Pacific
Manhattan
Pennsylvania
Delaware and Hudson
Tennessee Coal and Iron
Chicago
Burlington and Quincy
Third Avenue
Northwestern
Continental Tobacco
Western Union
Jersey Central
National Steel
Sugar Refining
Louisville and Nashville
Union Bag and Paper
el Veh Tr Co
Amalg Copper
Am Ag Chem
Markeen Copper
Nat Gramophone
Am Ginninio
Nat Salt Co
Am Woolle Co
Ecccones Pie
New-Eng el Tr
Arizona Lea Wee
New-Eng
Gé&éc. U As Co
New-En
Bay State Gas
el Tr Co Brit Col Copper
Otis Elevator
Chic & al
Royal
Chic & Alton
Rub Goods Co
St Ry
Com Air Co
EL & E Co
Rub T Co
Isralgts S
Standard Oil
Sio
Tel Tel & Cofa
Empire State
Union Copper
Union Steel & C
Empire Steel
CIP Co
Flem Coal & C
U & Pneu Hc
Gen Carriage Co
Rslg Ce
Dividends Declared by Major Railroads in Recent Meetings
The Canada Southern declares a semi annual dividend of 1 percent and the Michigan Central 2 percent, both payable July 28. The Lake Shore and Michigan Southern declares 3 percent, also due July 28, while New York Central and Hudson River pays 1 percent quarterly on July 16. Brown Brothers informs Wheeling and Lake Erie bondholders that failure to withdraw before July 1 means assent to a proposed conversion scheme.
MENTIONED IN THIS ARTICLE
Vanderbilt
Canada Southern Railway Company
Michigan Central Railroad Company
Lake Shore and Michigan Southern Railway Company
New York Central and Hudson River Railroad Company
Wheeling and Lake Erie
Brown Brothers & Co
Wheeling and Lake Erie Railway Company
Market Snapshot of Buyers and Sellers in Yesterday's Trading
Principal buyers and sellers in yesterday’s market include Otto Loeb buying Sugar Refining and A Thomson purchasing Tennessee Coal and Iron. Many firms traded Brooklyn Rapid Transit and Atchison preferred while Northern Pacific common was bought by several traders. Prices moved with bid activity from H Content & Co and L Wormser amid short covering driving quotes.
MENTIONED IN THIS ARTICLE
Otto Loeb
John Muir & Co
A. Thomson
Tennessee Coal
Dodge & Armstrong
Baltimore
Ohio
Bell & Co
Steel Hoop
Street & Norton
Halle & Stieglitz
Brooklyn Rapid Transit
F. W. Savin & Co
J. F. Carlisle
J. J. Manning
Atchison Preferred
J. R. Williston & Co
Dick Brothers & Co
Weaver, Harris & Co
L. Wormser
Atchison
Clark, Dodge & Co
L. W. Bell
L. W. Wormser
Clark, Dodge
H. Content & Co
New York Central Earnings and Dividend Standings
New York Central reports fiscal year earnings of 5,271,000 for the June quarter and 4,937,000 for the full year. Surplus after June earnings estimated at 3,320,090 with 8.02 percent balance available for dividends, up from 5.71 percent last year. Quarterly dividend of 1% reduces surplus to 428,000, compared with 497,918 a year ago when 1% was paid.
MENTIONED IN THIS ARTICLE
New York Central
Atchison May Statement Prompts Securities Advance
The Atchison report for May shows higher earnings with gross up $562,703 and net up $492,488. Eleven months total gross profits reach $5,092,357 and net $5,410,471. Preferred stock yields about 7 percent while trading beneath a 4 percent level. Expectation of a heavy surplus on common stock and favorable Southwest crop prospects suggest stronger earnings next year.
MENTIONED IN THIS ARTICLE
Atchison
Silver surges in London as demand from India and Shanghai grows
Silver prices climbed to 28144 in London with strong buying from Russia India and Shanghai. Shipments to India rose by £60000 year over year while Japan also bought metal to meet famine disbursement needs. The metal quoted at 61 1 2 cents an ounce, up from earlier levels amid a very strong market and prospects of further advances.
MENTIONED IN THIS ARTICLE
London
India
China
Shanghai
Japan
Mexican Central's June Earnings Rise versus Last Year
Mexican Central reports a $73,148 gain in the third week of June compared with the prior year. Since January 1 total gross earnings reached $8,479,987, up $1,610,19 from the same period last year.
MENTIONED IN THIS ARTICLE
Mexican Central
Lake Erie and Western Resumes 2 Percent Dividend
The Lake Erie and Western directors authorized a 2 percent dividend on the preferred stock. Payments were resumed yesterday, with the last prior dividend paid in November 1898.
MENTIONED IN THIS ARTICLE
Lake Erie and Western
Earnings Report Shows June Week Growth Across Lines
Yesterday’s earnings for the third week in June show increases over last year across multiple railroads. Companies named include Chicago Great Western, Hocking Valley, Great Northern, Mexican Contract, Minneapolis and St. Louis, South Pacific, Texas and Pacific, Toledo St. Louis and Kansas City, Norfolk and Western, New York Ontario and Western, Rio Grande Southern, Saint Louis Southwestern Central Branch, and Southern Railway Decreane.
MENTIONED IN THIS ARTICLE
Southern
Chicago Great Western
Hocking Valley International
Great Northern
Cilsngs
Minneapolis
St. Louis
South Pacific
Joseph
Grand Island
Exas
Pacific
Toledo
Kansas City
Norfolk and Western
New York
Ontario and Western
Rio Grande Southern
T, Louis Southwestern
Central Branch
Outhern Railway
Interest on savings accounts across banks slated
Several banks announce interest payouts for the half year ended June 30. Emigrant Industrial, Greenwich, American, and Citizens' Savings Banks will pay 3 percent annually starting July 16 for three and six month deposits. Metropolitan Savings will pay 4 percent on July 18 for the same period. Union Dime Savings Institution will begin on July 19 with an annual rate yet to be announced. North River Savings Bank will credit depositors on June 90 with a specified amount.
MENTIONED IN THIS ARTICLE
Emigrant Industrial Savings Bank
Greenwich Savings Bank
The
American Savings Bank
Citizens’ Savings Bank
Metropolitan Savings Bank
Union Dime Savings Institution
North River Savings Bank
Banks Announce Semiannual Interest on Deposits
The German Savings Bank will credit 3 percent yearly interest for six months ending June 30 on deposits from 5 to 3000 dollars. The Seamen's Bank for Savings pays 4 percent on deposits up to 3000 dollars and 2 percent on amounts above that for the six months ended June 30.
Railroad Earnings 1900s United States lines list
Railroads detailed earnings and mileage figures for multiple companies including Alabama Great Southern Chicago Great Western International and Great Northern Louisville and Nashville Mexican Central Minneapolis and St Louis Missouri Pacific Central Branch New York Ontario and Western Norfolk and Western Pittsburg Bessemer and Lake Erie St Louis Southwestern Southern Lake Shore Michigan Southern Canada Southern Lake Erie and Western and Syracuse and Suburban for periods ending June 21 May and six months ending June 30. Net earnings gross earnings and operating expenses are shown with specific totals.
MENTIONED IN THIS ARTICLE
Alabama
Great Southern
Chicago Great Western
International
Great Northern
Louisville
Nashvilla
Minneapolis
ST. Louis
Missouri Pacific
Sas
New York
Ontario
Norfolk and Western
Pittsburg Bessemer
Lake Erie
Rio Grande
ST. Joseph
Grand Islan
Goa Sua Ou
Miles ciTy
Cincinnati
New Orleans
Texas
a _ross
Erie
Inc
Michigan Central
Ana
Menertaeea
Dea
Canada Southern
Hocking Valley
Soi Inc
Texas and Pacific
Ledo
Kansas
Atchison
Topeka and Gant
Anta FE
NEW York, Susquehanna and Western
Ncluding Wilkesbarre and Eastern
Lake Shore
Lake Shore and Michigan Southern Railway Company
Canada Southern Railway
Itncome
Lake Erie and Western
ARNO
Ee Inc
Trade in Chicago Wheat Markets Slump After Monday Peak
Chicago June 2 Wheat prices fell 4c from last night with July futures drifting after regular close. Crop news unchanged and rainless Northwest worsens outlook. Senator Washburn notes Dakota and Minnesota wheat crop likely under 50 million bushels amid heavy liquidation and speculative pressure.
MENTIONED IN THIS ARTICLE
Chicago
S&yc
Northwest
Washburn
Dakotas
Minnesota
Also Mentioned on This Page
Etter Buying
Stoces
C& Rears
Axo & West
Egos Seewnee
National Tube
Pasak Steel
North American
Eee
National Biscuit
Brooklyn
Pcc
Batt & Ohio
Pee Gas Co
CRI & Pac
Eee Pacific Mallenn
Chic
Republic Steel
co &stbL co +i
F&ic
Cenaéa South
St Lasie Enna Erie Lst
Ize
Texas & Pacific
Federe
Stee
H Tenn
Int
Tis
Fouls
Nas Tis
LEB
Met Oo. Ry
Supehistian Mo Pactitisé Wabash
Wis Central Pt
Brooklyn Rapid
Southwest
Commission House
Warii
Amalgamated Association of Iron and Steel Workers
Hill
Great Northern Road
Money and Exchange
Adams Express
Albany & Sus
F'dry
American Coal
Amer
Iepis
Amer Tobacco
Ann Arbor
Atchison Eres
Balt & Ohio
Tilly
Brunswick
Buff R & Pitts
Nee
Bur & R & Nor
N J
Ind & Louis
Eax
Mil & St P
Alam
H & St L. Sh
Ey & Pitts
Col Fuel
Col & Hock
Tagea
del & Hudson
del Lack & W
Denv & Rilo
M & Ft
Evans & T
Gas & el B
Elec
Rae
Ilinois Central
Iowa Central
Kan C
Long Island
Michigan
Mobile & Ohio
Morris & Fissex
Nat Biscuitony
Roy
Leck & W
Nynh&h
Ind
Pacific Coast
Penn Coal
Penn
Peoria
Pee Dee & Ev
Pere Marquette
Owe — Poc& Sl
Rene
Sara
Imo
Rio Gr West
Jos & Gri
St L & Southw
St Paul & Dal
Southern Pac
Tenn Coal & Iee
PAL
Do Land Trust
Third Ave R R
Tol & O Central
Twin City
Beg & P
Tnion Pacific
Wells-Fargo
West Tnion
Wisconsin
U S
M&k
Adams
T & BF
Col Sa
A & NW
Ygé
NYO& Woss
Nyss
Norf & West
Nor
Crié&P
den & RG
M& Mlg
A & AP
Ist &S
Tex & Pac
Lake E & W
A &C
Snore Gia
S&p
American Securities Abroad
Federal Treasury
Treasury
Consolidated Exchange Sales
Wall Street and Exchanges
Decreane
German Savings Bank
Seamen's Bank For Savings
Outside Securities
Ferry Companies
Y&er
Hoboken Fe
Union Ferry
Met Ferry
Standard Com
Do Pri
Balt Consol
Ind Gas
Buffalo
L&eéwo
Gl&f
G&éc
Gas Co
O & Ind Gas
Colum Gas
Pitts C Gas
Safc H & L Oo
St Joseph Gas
Denver Gas
Paul Gas
Det Inc
Do Consol Bs
Syracuse Gas
Gr Rapids Gas
Western Gas II &I G
Indianap Gas
Acorns
Ancea
Amer Surety Co
Ba & Miger Co
Bankers
R Bd & T Co
Continental
Colonial
Ws. &J Farmers
Fifth Ave Tr Co
Flatbush
Franklin
T & Ins
Title
Gr & Tr Co
Tr Co of
Trust Co of
Union Ae Teceseces
Usm&tco
Walker Brothers
Broadway
Chicago Union Traction
Lake Street
Metropolitan
South Side
de Haven & Townsend
Wall-st
Amer Ay Co
Penn Steel
Asph Co
Am. S's
Penn el Veh Co
Brooklyn Gas
Cambria Steel
Phila Elec Co
Choctaw Ry
Phila Traction
Con Tr
Phila & Eric
Elec St Bat Co
Pitts Con Tr Co
Susque I
Ins Co
Lehigh
Weleh Light Co
Val R R. Ce
Wilco
Marsden
Welsh Com
North Penn
Penn R R Co
Union Trace
Wy Aot
Ind P Ry Co
Lake Superior
Phila Co
Diamond Steel
Ooms
Colorado Springs
Colorado Springs Mining Stock Exchange
William P. Bonbright & Co
Alamo
la Pinnacle
Portland O
Pilgrim Consol
Union
Rose Maud
Rose Nicol
Battle Mountain
Argentum
Col City & Man
Copper Mountain
C Creek Sonsol
Damon Whass
Elkton G
Findley Cheenees King
Imo Ingham Consol
Isabella Seco
Lexington
Mount Rosa
San Francisco
Kentucky
Lady Washington
Occidental
Best & Helcher
Bullion Crewe Twee
Overman
Ophir
Caledonia
Chollar