Stock Market Review Opens With Mixed Strength Amid Wide News
The New York Stock Exchange opened with apparent strength as Union Pacific led gains, while Southern Pacific and Amalgamated Copper posted advances. Bears soon sold major names including Union Pacific and United States Steel, turning the session dull. Washington tariff and currency issues, Harriman dissolution, and a Senate Lobby Committee probe influenced sentiment. International finance shifts, Bank of England and Bank of France reports, and a rise in the Dutch discount rate added to financing concerns. Chesapeake & Ohio issued a one year note, and Tennessee secured a $11 million short term loan at an emergency rate amid a sea of one year offerings.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Union Pacific
Southern Pacific
Amalgamated Copper
United States Steel
American Can
Bears
Reading
New York Contral
American Smelting and Refining
Washington
United States Commerce Court
Harriman
Judge Lovett
Senate Lobby Committee
Bank of France
Germany
Bank of Netherland
Chesapeake & Ohio
Tennessee
Money and Exchange The Money Market and Foreign Rates
Money market notes show ease in call money with several month rates listed from sixty to six months. Wholesale mercantile paper quiet with rates for various terms. Foreign exchange shows steady demand for sterling and other currencies with assorted premium bids and asks. Domestic exchange reports par and discount figures across major cities. Silver prices steady in London and Sub Treasury creditor status noted. Clearinghouse activity details New York and Boston balances and exchange totals.
MENTIONED IN THIS ARTICLE
Giaty
Sinsie
Siazm
France
Foichamatks
Boston
Savannah
Rellina
San Francisco
Tealtim E.slam
Muatms
Foweéa
Treasury finances show year surplus and balances
The United States Treasury reports working balance of 4.0 in banks and overseas, total general fund receipts and disbursements reach 141.96. the year totals include a surplus of 16,565,723 while last year showed a smaller surplus. Net disbursements stand at 2,002,133 with canal and department transactions noted.
MENTIONED IN THIS ARTICLE
United Seater Treasury
Meares
Vanama
New York Stock Exchange Quotation Summary
New York Stock Exchange quotations note that on Thursday June 26 total sales were 227,920 shares, with 346,700 shares the same day in 1912. Cumulative sales from January 1 to June 26 reached 45,467,851 shares, versus 69,028,771 shares for the same period in 1912.
Bank of France Returns Drift as Deposits Shift and Rates Move
The report outlines changes in the Bank of France, noting gold holdings, reduced notes in circulation, and rising rental deposits. It highlights a shift in financial sector metrics including treasury and governmental deposits, with scattered figures for various banks and markets, and mentions bond market sales and related indicators.
MENTIONED IN THIS ARTICLE
Dne Weeniy Muacen
France
Mehisin Topeka and Santa Fe declares quarterly stock dividend
Fragmented short term notes and corporate notices show Mehisin Topeka and Santa Fe Railway Company board declaring a stock dividend for preferred stock. Details mention dividends payable August 1 to holders of preferred stock and mailing of dividend cheques from Cumberland Telegraph office. Other entries note bonds and quarterly dividends from various firms including Knickerbocker Trust and Bank of America with record dates in 1904.
MENTIONED IN THIS ARTICLE
Topeka
Santa Fe
TM Lars
Cedara
Asaia
Nasanu
Virginia Carolina
Heal CO
Hichmosd
Virginia
Carolina Chemical Company
Pratt
Cies
Reenia
W. Travers
Merchants Exchange National Bank of the
City of New York
Ford of Treetors
el Gf
Gambier
Cumberland Telephone and Telegraph
GE AM Milne
Cathie Wiltiam
Willam P. Bonbsignt
Bank OF America
Our York
Board of
Noeday
Natn Clea Sr Caan Ak
Bank Me
Army Oh
Bonde
Trinity Bub
Foreign Financial Field
London reports weak East Balkan fighting weigh on markets with cautious close. US shares slip after early strength as traders take profits. rail and steel issues show mixed moves. European currencies and bonds drift with Madrid and Lisbon gold premiums. Berlin sentiment declines and discount rates adjust.
Bank of England Weekly Statement Highlights
London June 2 Bank of England reports a drop in total reserve by 407.90 with circulation up 421,000 and bullion down 1.00. Other securities rise 81200 and other deposits up 4.40. Public deposits up 460 and government securities changed. Reserve to liabilities ratio at 4730 percent, versus 4100 last week. Clearings through the London banks for the week declined from last year’s figures.
MENTIONED IN THIS ARTICLE
London
Bank of England
Sinfonitn Ta
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Bank Chatham and Phenix
Are
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Broadway
John St
C.H. Venner & Co
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Effingham Lawrence &Co
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Tonopah Goldfield
Nevada
Weir
Prauer
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Stock Market Review
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Bank OF France Return
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Imrat
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Standard Oil
Gilert Ello @ Co
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RCO Rae
Ark
Mo Part Pc
Ji Y . Anglo Atm
Southern Pte. A Mein
Contoly
Atlantic
Paicheve
Indato
Ian Ewan
Finch
Olniey
Panama
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Ton High
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ATR
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Hy D
Porteols
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the Tribune
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Inter
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Bank OF England Return
the Farmers’ Loan and Trust Company
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Gockepar
Travelers’ Letters of Credit Foreign Exchange
Guardian
S.W. Straus & Co, Mortgage and Bankersome
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Accrom
THE
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Hution
Eph Bird
PRANK G_ETILER
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Daniel Barnes
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York
Hale
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Koppel
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