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Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jun 27, 1906

Page

17

London & Paris Exchange introduces American securities on LSE

The London and Paris Exchange Limited announces it is dealing in and negotiating American industrial and mining securities on the London Stock Exchange. A special department has opened to handle sound well supported undertakings. Parties wishing to place securities on the London Market should contact the Secretary at Basildon House Moorgate Street Bank E. C. London England.

London Stock Exchange London London & Paris Exchange, Limited Basildon House Moorgate Street Bank E. C. London England

Wheat and corn prices rise as traders stabilize market

Chicago wheat traders push to regain yesterday’s gains amid limited export wheat and ample Manitoba supply. September wheat opens higher, then gains. corn and oats advance with strong bids. Provisions steady, hogs and meat shipments heavy, cash trade slow. Receipts about 4 to 84 cars, futures show modest daily gains.

the Tribune Chicago Manitoba Northwest Bie Emer Te Rec Elke Alec Bic Wye

Exports of Merchandise Report June 26 1908

Outgoing merchandise exports for the week ended June 26 totaled 11 437 023 and 605 cents. Figures reflect January through the year to date movements. Strong levels cited across trade channels with earnings and totals showing notable activity for the period.

Doaeas Eis Eorent

Stocks Break and Rally On Railway and Other Stocks

Early weakness followed by full recoveries. The report notes potential autumn trouble on the Stock Exchange, but asserts the general public is not being injured and the intrinsic merit of American investment issues remains undamaged.

Stock Exchange

Consolidated Exchange Sales and Railway Stock Notes

Consolidated Exchange reports 1 157 008 total sales with active copper smelting. Steel rail orders near 1 500 000 tons for the week. Monday deals around 75 000 tons. Directors elected for St Louis Rocky Mountain Pacific Railway and related coal interests. Bethlehem Steel extension bonds and preferred stock listed. Eastern Steel increases funded debt to 3 million. San Francisco telegraphic transfers bring 300 000. Atchison Topeka Santa Fe May earnings up 306 000 gross and 66 014 net.

jAm Hide & L Allis—Chalmers Manhattan Bi Am Cottase Am Steel jAm Tel & Tel Amer Central St Ry C& S&l Ann Arbor Mo Kan & Tex He Atchison Hide & L Ostterserees At&sf Nash C & St L Con - Bait & Ohio Pennsylvania Pitts Coal Co T&sb F Pullman Brunswick Pitts Ohio Butterick Co Chi & Ton Atlan Coast Sethe Central of NJ Chesa South Pacific jChicago & Aiton Am Car & Fay Sth & W Ind & L Chic & Northw Top & SF Guariel East Ohio del Hudson Brooklyn Ches & Ohio Tex & Pacist Chit Union Trac Chiest West Dss&a Red & R CM & St P Chi Mil & St P Erie Geercarcccs Col & Iron Tor & Wh Col Southern Fei M & Sm el London Clev & Pitts Col & Hock Coal Col Fual & Iron Dist Securities Gen el Co Finols Central LU & Steel Wells Fargo Consol Coal Mo, Kan & Tex Inter Mo Pacific West UN Thy Inter Novo Vale & Ce Kana & Mich Ono del & Hanson Kan City Soe Wis Central del Lack & W North West Pacific Mail ST —S jDes M & & D del & H Convi Ned Tee iDet United Eae Bae Det City Gas Rock Island Mat Man Kodak Texas Pacific Union Pacific U S U S Steel W & D City West Shore Gan Electric Ilowa Kan City South IK Cfs & M Keck & Des M Laclede Gas LE & W Island Louis & Nash Manhat Beach Manhattan EL Lsat Mexican Centra Michigan CaBk Minn & Stl Mc Kan & Tex Missouri Pacific Morris & Seas Nat Biscuit Nat Enam & St Nathonal New Cent Nh&h Norfolk & West North American Northern Pacific Pacific Coast Coe Ed Pacific Peoria & East Peo Gas & Coke Pittsby Coal Bre Pulman Quicksilver R Securitie Ry Stu Ean Lee Rens & Sara Do Rocksland Rome Rutland L&s Sloss-Sh St. Ae Southern Pacific Southern RR M&o Tenn Coal & Ir Texas & Pacific Do Land Trust Third Ave Tol Peo & West Twin City Union Bag & P Tnion Pacific UN Express Vandalia Va-Caro Chem Va Iron C & c Vale Dettianing Westaryland Wabash Waaeeee Wells Fargo Expo Weet Union Wasticas Mie Wisco New York Produce Exchange Standard Foundry New York Central Harriman St. Louis, Rocky Mountain & Pacific Railway Company Raton N. M Henry Koehler, Jr Thomas B. Harlan Hugo A. Koehler St. Louis Frank Springer Las Vegas Max Koehler Canadian Pacific New York Stock Exchange Bethlehem Steel Company Bethlehem Steel Corporation Eastern Steel Company San Francisco Sub- Treasury Atachison Atchison, Topeka & Santa Fe

Stock Market Declines Amid Liquidation and Rebound

The market opened with sharp declines as long positions were liquidated and specialists pressured prices. Short covering and selective buying helped recover in later trading, especially in copper shares, railroads, and steel stocks, with notable gains in copper issues and firms like American Smelters and National Lead. The article notes banks denied pulling industrials from loans and cites money-market conditions as unfavorable for a bull resumption, while foreign weakness and sterling trends contribute to local stability.

Anaconda Lst Canadian Pacific Southern Pacific National United States Stock Exchange Burlington Bond Syndicate Wall Street

American securities abroad market update from London

London reports moderate firm tone in American securities with varied closes. Notable names include Chesapeake & Ohio and Union Pacific with mixed percentages. foreign money rates show London call money at 2 1 2 percent and Berlin 8 1 4 percent.

Tandon N. Y London N.Y. N Eguly Equity Madiron OD. Oee Ohoork Nahe Baltimore & Ohio Canadian Pacific Chesapeake & Ohio Chicago St P Denver & Rio Gr Ss. Cadey Tllinois Central Louis & Nash Kan & Tex Norfolk & Western Pennsylvania SBS Southern Pacific Southern Railwe Union Pacific Uni States Steel Berlin Berlin Exchange Paris Paris Exchange

Money Market and Exchange Report Summary

The money market shows call money opening at 3 percent, with highs near 3.4 percent and lows around 2 percent. Time money quotes range from 4 percent for 30 days to 5 percent for five to six months. Foreign exchange closes weak with rates across cables and bankers' postings, and domestic exchange shows varied regional quotes. Bank clearings listed for New York, Baltimore, Boston, Chicago, Philadelphia, and other cities alongside silver, gold, and Mexican exchange figures. Government receipts and sub-treasury balances are reported for the day and year-to-date, with a notable excess of receipts over expenditures.

Switzerland Holland New Orleans San Francisco Telegraph Boston Chicago Charleston Cincinnati Savannah Minneapolis St. Louis New York Baltimore Philadelphia London Madrid Lisbon Washington Treasury Sub-Treasury Clearing House

Wall Street and Exchanges Show Weak Foreign Markets

Foreign houses traded 20,000 shares while London consols weakened and discounts held at 4 percent. Gold import talk stirred banking circles as requests for European gold rose, with some bankers optimistic but Treasury funding still in doubt. Dividends declared across several banks and firms, Anaconda Copper raises payout to 1.37 and a half percent, copper prices hold firm, and copper bit markets show strong activity amid robust wire and lake sales.

London Stock Exchange San Francisco New York Europe Gould Treasury Department Bank of Manhattan Company Metropolitan Savings Bank International Button Hole Machine Company Standard Safe Deposit Company Fourth National Bank Second National Bank Nineteenth Ward Bank Anaconda Anaconda Copper Company

CURB MARKET TRADING IN DOWNMARKET CONDITIONS

Curb market trading showed a continuing downward trend with moderate liquidation after the stock market opened. Mining issues led with United dipping nearly 2 points before a partial recovery, Nevada Consolidated gaining 4 percent, and British Columbian traction and Butte Coalition advancing. Oil and American Can moved with some activity as others sagged, Chicago fell then recovered, and overall the late session saw a partial rally before an irregular close.

United Nevada Consolidated British Columbian Traction Butte Coalition & Point Utah Copper Sligh Central Foundry Common Nnt Chicago

Also Mentioned on This Page

Bankers and Brokers Fisk & Robinson City of New York Bonds Cedar Street State Street London & Paris Exchange R. L Day & CO Nassau ST Congress ST Boston Stock Exchanges C. H. Venner Bankers Wall St Northwestern Seri Schmidt & Gallatin Tel Broadway PF Aelzer & CO Broad Street Office OF the Natural Food Company Niagara ,Alis N. XY Natural Food Company Alexander J. Porter First National Bank McCumber North Dakota F. E. Wood N. D Dow-Jones’ Bulletins Financelal Auxaconda Consolidated Exchange Sales U. S District of Columbia American Securities Abroad Money and Exchange August Belmont The Phenix National Bank of the City of New York Cash and Light Exchange Finisef Marshall George M. Coffin Alfred M. Bull Bert L. Haskins Eer Mt Eat Atlanta Belcher Setter Ewes Bull Frog Con Cal & V Chollar Hale & Norcross Jim Butler Mary McKinney Ing Wall Street and Exchanges Curb Market Trading Industrial Ps American Can Alo Central Foundry Inter Mer Marine Mackay Eigh Arto Wrens Tis Bop Atlanta Goldaeid Bingham Central Brit Col Dolores Lid Belt Dominion C Pal Furnace Creek Giroux Mining Greene Guanajuato Micmac Goldua Mitchell Mining Ontanae Gosolseinde Utah Mong Mines Co Star Saeewes Ti Bese & Go Ric Rehavna Trinity Coppers Union Copper Cots BMG United Copper Utah Apex Ce Bmg Ce Tae Tai
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