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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jun 27, 1913

Page

4

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.

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.

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.

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.

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.

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.

London Bank of England Sinfonitn Ta

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