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This newspaper page contains 16 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 28, 1910

Page

5

Copper market and Pabst stock offerings noted in brisk report

The market shows mixed copper activity with large sales from Amalgamated group and others near 24 to 25 cents per pound while stocks rise. Western Maryland secures most of Cumberland to Connellsville extension rights. Pabst Brewing stock offering launches at Hallgarten with $2,000,000 7 percent cumulative preferred, initial $10 per share, closing 3 pm. Dividends declared by United Metals Selling, H B Claflin, and National Light Power.

Amalgamated Copper Company Guggenheim Phelps-Dodge Indnt United Metals Selling Company United Metals Mpany Maryland Western Baryland Cumberland Connellsville Penn Osylvania New York National Light, Heat and Power Company Pabst Brewing Hallgarten & Co Siamce Pabst Brewompany Europe Pabst Brewing Company Gustave Pabst Preside Concern

Consolidated Exchange Closing Deals Feature Short Sellers

Traders who had sold short earlier in the day secured profits as prices fell on the Consolidated Stock Exchange, with margins and stopless orders driving activity. United States Steel weakness unsettled other listings, Northwestern wheat crop fears surfaced, and bears spread health rumors about financiers as 147,000 shares changed hands led by Steel common at 77 1/4.

Consolidated Stock Exchange New York Reading Union Pacific United States Steel Common Demace Steel Common Witch

Rumor of Morgan Illness Triggers Stock Decline

A false report that J. Pierpont Morgan was seriously ill spurred a Wall Street selloff at the open. Morgan offices denied the claim while his son J. P. Morgan Jr. and George W. Perkins dismissed the rumor as fabrications. Morgan appeared later in good health, but many active stocks still closed near day’s lows.

J. Pierpont Morgan Wall Street Morgan J. P. Morgan, Jr George W. Perkins Mr. Morgan

Outside securities and mining list show weakness in trading

The market for outside securities remained active while offerings drew reactions amid a down stock market. Mining shares weakened across the board with declines from fractions to several points, led by low priced copper issues. Chino Miami Bay Consolidated Goldfield Consolidated Butte Coal Nevada Hills among the weakest. Industrial list inactive but lower. Bond offerings appeared more liberal at retraced levels from earlier offerings. Southern Pacific down. Detailed operations follow.

Chino Miami Bay Consolidated Goldfield Consolidated Butte Coalition Nevada Hills Southern Pacific W. i

Railroad Earnings Across Leading U S Lines 1910 Summary

A compact survey of weekly and yearly earnings for major railroads including Chicago and Alton, Central of Georgia, Detroit and Mackinac, Interoceanic of Mexico, International and Great Northern, Louisville and Nashville, Mobile and Ohio, Minnesota, St Paul and Sault Ste Marie, Mexican International, Southern, Toledo, Peoria and Western, Chicago and North Western, and others. It lists weekly figures, year totals, and May, March, or March-May periods with gross, expenses, and net earnings alongside mileage, showing varied profitability and trends across 1910 compared with 1909 and 1908.

Chicago & Alton Central OF Georgia Detroit & Mackinac Interoceanic OF Louisville & Nashville Mobile & Ohio Minn ST. Paul & Sault Ste. Marie Mexican International Southern Toledo, Peoria & Western Chicago & Northwestern Bufflo Rochester & Pittsburg ST. Paul Minneapolis Omaha Twin City Atlanta Birmingham Atlantic Chicago Great Western Oper Wells-Fargo GULF

The Markets Iron and Grain Summary from the Exchange

Markets report varied prices for commodities including iron No 1 and No 1 Cotton at 16.62, coffee No 7 Rio at 1650, sugar granulated at 5.15, steel rails at 28.00, molasses 40, beef ham and pork messy notes, wheat No 2 red at 1.07, corn No 2 at 6.814, lard molle West at 12.30, flour Minneapolis points at 5.60.

Amer Car & Fdy Se Sbam Hide & L Pt Bo Bias Eait & Ohio P Ee Ches & Ohio Chic Gt West Chi Mi & S. P I Fuel &i Denver & R G Ao Northern Pf Recife Gt. Si Aont-Metropolitian Is & Nash M Kan & Tex Central On & W Pacific Brx & West Fe Ivanica Taz Hern Pac Hern Ry Syte Oe Ts Rw Pacific P&f Rio Molle West

Grain Market Quiet Then Firm On Wheat And Corn

New York June 27 1910 grain market showed wheat firm closing 1 2 percent higher amid small offerings and nervous tone. Winnipeg and Northwest strength spurred buying while corn eased on rains with slight supply changes. Cotton remained steady with July notices light and spot demand steady.

New York Winnipeg Northwest Minneapolis Liverpool Manitoba Commission House

Blames the cotton pool in national investigation

A Department of Justice official visited the city to gather details on the cotton pool charges. The government plans for all legal moves, with autumn possible for prosecution. The pool allegedly controlled three fourths of U S cotton, with about 1 4 million bales in May and 670 000 bales exported in five years. Lawyers for the indicted challenge the special grand jury’s legality while the government stays focused on the case.

Department of Justice United States

First Bale of 1910 Cotton Sells at Auction in New York

The first bale of the 1910 cotton crop arrived from Texas and sold at the New York Cotton Exchange. S. M. Weld & Co. paid 25 cents per pound for a 500 pound bale, total 250 dollars. Proceeds go to charity. bale ships to Liverpool for further sale. Baled in Mercedes Texas on June 22.

Texas New York Cotton Exchange Cotton Exchange S. M. Weld & Co Liverpool Mercedes Tex Houston New York Bowery Henry Hasler Henry Sayler Emil A. Huber

Turkish trolley system bids invited in Constantinople

Hecuf Bey acting Consul General of Turkey announced that the Ministry of Public Works invited bids for a large trolley network in and near Constantinople. Specifications are available from the Turkish Consulate. bids due within six months. The winner receives a franchise for five government decided lines and additional lines proposed by the bidder and approved by the government.

Hecuf Bey Turkey Ministry of Public Works Constantinople

CATTLE AND HOGS PRICES ACROSS MULTIPLE MARKETS ON JUNE 27

Receipts in Chicago reach 33 000 with cattle mostly lower and hogs down 5 to 10 cents. steer prices range 6 25 to 8 60, cows 4 2 to 6 50, while hogs sell around 9 40 to 9 50 for butcher grades. East Buffalo reports mixed cattle demand with steers around 6 50 to 7 50, hogs steady to lower, and sheep/lamb markets firmer for lambs. Cincinnati shows steady cattle, quiet hogs, and sheep steady. Kansas City notes steady cattle, stockers strong, hogs 9 15 to 9 50, sheep steady to higher. Pittsburg lists light supplies with prime cattle and veal calves, while Louisville markets lambs and sheep with softer notes and lower tops.

Liverpool Havre Hamburg Pfennig Rio Santos Europe America New York Lima California Pennsylvania Hennery Pearl Florida Georgia Texas Bush S&c Nec Staten Island Hilton Irvington Upriver Jersey Oangel Porto Rico Cuba Pacific Coast New York State Timothy Hay Express Long Island Penn Baltimore Eastern Shore Virginia Norfolk North Carolina Mississippi Demerara Jersey City McPherson & Co Distillery Fed Kentucky Bulls S. Sanders Kentucky J. Shamberg & Son Andrew Mullen Jelliffe, Wright & Co W. R. Hume É0th Street J. G. Curtis & Son Nelson & McCabe Buffalo H. H. Hollis B. W. Otis & Co Kerns Commission Company Indiana Virginia Lambs Maryland West Virginia State Tennessee Tobin & Shannon Sixtieth Street Fortieth Street Lehigh Valley Central Union Weehawken Beef Morris Beef Co Beajentio.cie Morris Beef Co Cedric Swift Beef Co Majestic Minnetonka Schwarzschild Shamberg & Son Boston Philadelphia Montreal London Manchester Bristol Eee Chicago Cincinnati Kansas City Ittsburg West HS The Tribune Louisville

Wheat prices spike in Chicago grain and provisions trade

Chicago June 27 wheat futures closed above a dollar with a late surge as a dry Northwest and crop worries boosted prices. Corn and oats fell modestly while provisions drifted lower amid profit taking and renewed heat fears. Winnipeg and Liverpool reports amplified market tension.

Chicago Liverpol Winnipeg

Cheese higher at Utica Dairy Board of Trade

Utica New York June 27 half cent advance for cheese reported by the Utica Dairy Board of Trade with sales across varieties. Large white and large colored cheeses sold in multiple boxes at 14 and 14 1/2 cents respectively while small white and small colored moved at 11 2/3 and 4 1/2 cents. Butter creamery products priced with tubs and prints at 28 1/2 cents and 29 1/2 cents respectively.

Utica N. Y Utica Dairy Board of Trade

Elgin Butter Market Holds Firm on June 27

Elgin market reports butter prices firm at 27 1/4 cents per pound with total production 1,333,600 pounds for the day. Market activity notes steady demand and stable quotes across the region.

Elgin

Cloverseed Prices Steady in Toledo Market

Toledo June 27 cloverseed prices list the October contract at 650, December at 680, Marco Timothy-Prime at 225, August 2 Like-Prime at 73, and August at 795, reflecting market quotes for seed commodities.

Toledo Marco Timothy

Wheat and commodity prices in Liverpool and London markets

Liverpool and London report dull and firm tones across grains oils and meats. Wheat No 2 red steady July 6s 7d and Oct 68 9½d, corn firm old American mixed 5s 4½d, futures quiet. beef and pork prices listed, lard and bacon values, cheese and turpentine notes, linseed oil and rosin figures, sugar and petroleum shown with June dates.

London Lake Here New York East St. Louis Cleveland Northern Southern Liverpool Galveston Pacific Coast India Calcutta Antwerp Petroleum M Frances

Also Mentioned on This Page

Consolidated Exchange MO Avianta Gehen Ll Bh Golthela Tim Bu Omnce Comstock J. P. Morgan Swartwout & Appenzellar Kcr &L Wiis Ynh&«& Lés Outside Securities Industrial Curtis & Sanger Edison Poeur Minos Merrum-Howells Nat Biscuit Ople’s A Swift & Co Sears Seeee Ihray Mysts de Mis Frys Chicago Subway Fia Giroux Gold Hill Guerrero Mo Harcover Husted Kerr Lake Little Mason Val New Mi M&s McKin—-Dar Uu M & Sm Pac Me Union Mines United West Pac General Market ‘Report Kansas Middle West South America Brazil Keys Stharine Olen, LLC Country Produce Markets Org Iec Longland Chumbers South Carolina Eorgia Carolina En Orleans I. Newton & Co S. Judd & Co George & L. S. Dillenback John Ducey Fo Ov. S. Judd & Co Newton & Co Judd & Co Jellife, Wright & Co Jeane S. Todd & Co ASK Ferry Companies Bklyn Union Ferry Ny&n Yreé Ee Co Clinton Gilbert Nnd Jefferson Liberty Lincoln Metropolitan Coal & MN Merchants Century Chaseseeee Mount Morris Chatham Mutuaerese Chemical Nassaueseee Nat Reserve Chelsea Colonial Columbia Fifth Ave 14Th Street Sherman Seaboard Garfield Germania Gotham Nat Union Exch Greenwich Hanover West Side Imp & Tr Yorkville New R. L. Day & Co Bos & Alb Cal & Hecla NH & H Granby M Stryde Mohawk Butte Quincy M West T & T Shannon Ma Utah New York City W. N. Coler & Co Cedar Street Gee Chicago Grain and Provisions STH Ark Place Asays Ane W.H. Rose Secty Appenzellar Atlantic Coast Line R & Pitts Gary Ri & P Ry Cin Ham & Day del & Hud Erie Ac Hock Val Os Hud Norfolk & W Adaguar AC & Filipe Virginian Ry Ss” i Wheel & L E ES. Bailey Broadway Y Nual Yr Capital D. Able P.C. P.C Commonwealth J&i Continental J&i Empire City Jas Fidelity—Phenix Germ Alliance T&s German-Am Glens Falls Globe & Rutgers Jas Os Nassau Franklin Savincs Bank 8Th Avenue 422 Street 99Th W. G. Conklin Pres Hallock Waring NEW York Savings Bank W. Cor 14Th St Asteros Chambers St. N H. E. Tener, Jr George B. Dunning J.C. Demorest Bank For Savings City OF Fourth Avenue Board of Trustees Walter Trimble Charles A. Sherman James Knowles Citizens’ Savings Bank Harlem Savings Bank YTTER
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