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Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jun 30, 1900

Page

4

Stocks Rise and Bonds Demand Mixed in Markets

Closing prices yesterday show overall stock gains with pockets of strength while bonds remain in fair demand. The report notes net changes from Thursday’s levels across principal active securities and the day’s exchange activity.

Stock Market Ends Higher As Shorts Cover

Stocks show fair demand and close above Thursday figures as shorts cover and foreign buying power a rally. Bonds improve, several previously inactive issues trade, with Baltimore and Ohio leading advances before profit taking. Investors wary as public buying lags. market glides amid mixed signals and political tension.

Shorts Baltimore Ohio Granger Baltimore and Ohio Northern Pacific Southern Pacific Atchison Bryan Republican Party Wall Street Nebraska Sterling Exchange Paris

Day's Bond Operations Show Firm Market Across Government and Railroad Issues

Market firm for government bonds with quotes for U S 4s 1925 and other issues. Total par value traded reached 1,399,500, led by Atchison, Baltimore and Ohio, Brooklyn Union Elevated Jets, Central of New Jersey, Chesapeake and Ohio, Detroit City Gas and others. Major bonds include Northern Pacific 4s, Reading general 4s, Southern Railway 5s, Union Pacific 4s and Wabash debentures, with varied bid and ask prices in the daily quotations.

U.S U.S. Ss S. Semmall Wit UWS Wicou Atchison and Baltimore and Ohio Baltimore and Ohio Southwestern Division Brooklyn Union Central of New Jersey Chesapeake and Ohio Detroit City Gas Erie Mexican Central Norfolk and Western Northern Pacific Reading General St. Louis Southwestern St. Louis Iron Mountain Southern Railway Texas and Pacific Ist Union Pacific Wabash

American Securities Abroad Market Opens Firmer in London

London June 23 The market for American securities opened firmer on improved overnight prices from Well Street and remained well maintained though business was restricted. At close prices showed a firm tone with listings including Atchison 2 12, Canadian Pacific 91, St Paul 114, Illinois Central 114, Louisville and Nashville 77 12, Asian Pacific preferred 74, New York Central 132, Erie 11 1 2, Pennsylvania 65, Reading 8, Erie first preferred 34, Northern Pacific preferred 72, Grand Trunk 6, Anaconda in various amounts.

London Well Street Atchison Canadian Pacific St. Paul Lirceis Central Louisville and Nashville Asian Pacific New York Central Erie Pennsylvania Reading Erie First Northern Pacific Grand Trunk Bible Adams Express Albany American Coal Amer Cotton Oil Amer Express Sit & Wire Tel & Cable Amer T Atchison Il Ohio Brunswick Ches & Ohio Bur & Oy Ind & Louis Iss Mur & St P Chic & Northw. Fe CG Ri&p Iesite Clev L. & Wheel Seereee Clev & Pitts C&l Col & South — Ji Col & Hock Com Cable Consol Coal del & Hudson del Lack & W Denv & Rio Gr Ante Rmevd Opal Bo S & Atl Eighth Ave Erie Se el Ge Evans & T H Federal Steel W_& Rio Gr Gen Elec Co Gtorthern Pf Hocking Valley Illinois Iowa Laclede Gas LB & Western Long Island Louis & Nash Man Beach Manhattan el Street Ry M&st Kan’ & al Missouri Pacific Mobile & Ohio Morris & Essex Nash & Chat National Steel Sergi National Tube Ch & St L Lack & W. A Nias NH & H Ont & W Norfolk & West Ike Rens & Sera Leno Ren Tron Estern L& Sen As &Ti Texas & Pac Eun Ber & P Union Pacific T & Flour & M West Union

Money Rates and Foreign Exchange Report

Money on call at 1 and 2 per cent, ruling rate Mg per cent. Time money 8 per cent for sixty days, 3 3% for three months, 4 per cent for four months, and 4 4% for six months on railroad collateral. Commercial paper 4 4% for three, four and six months for top names. Foreign exchange market firm with actual closing rates listed.

Financial market roundup with global rates and premiums

Banks quote premiums over the counter and par in multiple cities. Exchange volumes and balances listed for New York Philadelphia Boston Baltimore Chicago. Open market discounts in London and Berlin rates, Paris and London exchange levels, and foreign securities prices. Silver and gold premiums across Madrid Lisbon Buenos Aires Rome noted.

Boston Chicago St. Louis Savannah Charleston New York Philadelphia Baltimore London Berlin Berlin Exchange Paris Exchange Paris Ndon Madrid Lisbon Buenos Ayres Rome

Sales at the Stock Exchange. Railroads and Other Stocks

Unlisted and miscellaneous railroad shares appear in daily stock listings with prices and fluctuations. The report notes trades across major lines and other listed equities, reflecting market activity and investor interest.

Treasury Money Totals Show Large Balances and Daily Receipts

Washington reports the Treasury held substantial gold coin and bullion plus trust fund and general fund assets. Daily government receipts reach 2.41 million with 0.94 million in expenditures, month to date 46.3 million receipts and 32.7 million expenditures. Sub Treasury shows a weekly gain after net losses and bank balance adjustments.

United States Ni Weidis Oeeeeea Treasury GEE Nene Greene Wes Cienas Pasonicien Tee E Ween Es Ees Tae General Fund Ancie Sis Aia Sa Maaan Amsiates Washington National Bank Sub-Treasury

Imports of dry goods at Port of New York

Week ending June 296- 15858, 1999, 1900. Entered at the port. Values show $1,372,142 to $1,682,541 and $1,680,112. Thrown on the market. January 1 entries total $1,308,214,533 with $692,512,820 port categories. Additional figures include $48,726,629 to $83,633,810 entered at the port and $46,468,603 to $63,066,469 thrown on the market.

New York

Wall Street closes firm as market holds steady

Market closed firm with Standard Oil at 518 622 and 615 526 on Thursday. Notable quotes include Havana Commercial, Baking Powder, Bay State Gas, Markeen Copper, Amalgamated Copper, Amsterdam Gas, Rubber Goods, Distilling of America, and storage and transport equities. Lackawanna Railroad declares 1% quarterly dividend. Silver exports total 129000 ounces via United Metal Selling Company. London buys local stocks. arbitrage houses traded about 10000 shares. Loan quotes listed for several rail and utility issues.

Standard Oil Havana Bay State Markeen Amalgamated Amsterdam America New- York Lackawanna Delaware, Lackawanna and Western Railroad Europe United Metal Selling Company London Baltimore and Ohio Atchison Common Chicago Burlington and Quincy Third Avenue Amer Agricultural Chew Agricultural Ch. P American Bicycle American Book Co American Hide & Leather Hide & Leather Seeeseee American Thread Co American Woollens N.o American Graphophone Press Association American Graphophone Arizona Barney & S British Columbia Wee Fp&aa Fen. & So Ches. & Pot Chesebrough H. B Ioral Eece - Distilling &. of America Distilling Co Co Weve Electric Vehicle Co Empire & Bay St Empire Steel Flemington Coal & General Carriage General Chemical Generals Chemical Herring—Hall-Marvin Herring-Hall Marvin Eeccces Hoboken Ferry Hoboken Land & Imp Hudson River International Pump International Pump Tees National Gram Hone National Wallaper Oo New-England Trans Y. & E. R. Ferry N. J. Teleseeee el. Veh. & Trans. Co Teleg, Telephone & Cable Tennessee Copper Seseees Trenton Potteries Trow New U S Union Ferry Seneccasies Union Switch & Signal Union Switch & Signal Pt Union Steel & Chain Union Typewriter A&oo

Wall Street Securities and Corporate Notices 1900

Stockholders deposit majority of Distilling Company assets with Mercantile Trust to enable a five year voting trust under trustees Belmont Cadwalader Coolidge Harrity and Krech. Financing arrangements include an independent audit by Audit Company New York and ongoing financing as needed.

Northwestern Continental Tobacco Western Union Jersey Central Reading First Atchison Northern Pacific Sugar Refining Federal Steel American Steel and Wire People’s Gas Consolidated Gas General Electric New York Central Rock Island St. Paul Union Pacific American Tobacco Manhattan Pennsylvania Delaware and Hudson Tennessee Coal and Iron Southern Railway Louisville and Nashville Brooklyn National Steel National Tube Distilling Company OF America Mercantile Trust Company August Belmont John L. Cadwalader T. Jefferson Coolidge, Jr William F. Harrity Alvin W. Krech Audit Company New York Long Island Charles Minzesheimer & Co Long Island Railroad Company Pennsylvania Railroad System John B. Stetson Company Continental Trust Company Toledo, St. Louis and Kansas City Railroad Company United States Cast Iron Pipe Foundry Company Samuel Thomas Colgate Hoyt A. C. Overholt George B. Hayes George J. Long A. H. McNeal E. C. Fuller John R. Walsh A. N. Brady B. F. Overholt A. F. Callahan C. E. Burke A. Howard Hinkle

Buyers and Sellers in Yesterday's Market Activity

Principal buyers and sellers included H G Campbell selling St Paul and J R Williston buying and selling positions. London acquired Baltimore and Ohio while Halle Stieglitz bought Metropolitan Street Railway. John Muir Co purchased 1500 Southern Pacific and 2500 total. Post Flagg bought 1000 wire and 1000 Federal Steel. Brooklyn Rapid Transit trades scattered as selling continued. Halle Stieglitz sold Chicago Burlington and Quincy. Northern Pacific was bought by J M Shaw Co for 4000.

H. G. Campbell St. Paul London Baltimore and Ohio Halle & Stieglitz Metropolitan Street Railway L. W. Wormser John Muir & Co Southern Pacific Reading J. R. Williston & Co J. H. Sulzbacher & Co Manhattan Railway Post & Flagg J. & S. Wormser H. Clews & Co Brooklyn Rapid Transit J. Kirkner Walsh, Tatler & Co Federal Steel Brooklyn I. F. Mead & Co Cammann & Co BE. Sweet & Co Clark, Dodge & Co W. R. Scheftel Anaconda J.S. Bache & Co Wormser Schuyler American Tobacco Mendham Brothers Chicago, Burlington & Quincy J. M. Shaw & Co Northern Pacific

Banks tally weekly cash movement with big loss cited

The week shows banks losing upward of 500000 in cash holdings though the statement may not reflect this. A large end of week gain will appear next week due to the government bond interest checks. Interior movement totals and interbank transfers are noted along with small external receipts and San Francisco minimal inflows.

Interior Express Sub-Treasury San Francisco Canada

Denver and Rio Grande Shows Earnings Rise Amid Rising Costs

Denver and Rio Grande reports May earnings with net up $25,114 as operating costs rise by $37,005. Surplus after charges stands at $84,315, up from $76,547 last year. Eleven months show net earnings of $5,529.74 and fixed charges totaling $2,167,509. Surplus after all deductions reached $724,245 versus $629,530 in 1899. year end expected surplus above $800,000.

Denver Rio Grande

New Railroad Mileage Leads in Six Months of 1900

The Railroad Gazette reports about 2025 miles of new U S railroad completed in the first half of 1900 across 190 lines, with Texas at 164 miles and Chicago and Northwestern leading among companies with 156 miles. The six month total trails last year by 850 miles, and the full year could exceed 7500 miles though figures are preliminary. The South and West show the strongest expansion, with Gulf and Ship Island noting 72 miles and Atchison 54 miles among notable builders.

United States Texas Iowa Mississippi Georgia California Pennsylvania South Carolina Oklahoma Minnesota Arkansas Chicago and Northwestern Southern Pacific Chicago, Burlington and Quincy Seaboard Air Line Gulf and Ship Island Chicago Rock Island and Pacific Atchison, Topeka and Santa Fe Northern Pacific Atchison Pacific Coast Gulf Ship Island

Pennsylvania Lines Branches and Spurs Divided Among 27

State of Pennsylvania allocates the 103 miles to twenty seven branches and spurs, most run by old companies, detailing how the mileage is distributed across the network.

Pennsylvania

International Paper Report Signals Strong Outlook

International Paper common traded firm amid light volume while buying acted with excellent character. A company director expressed satisfaction with conditions, noting the forthcoming annual report would speak for itself and be more conclusive than any preface by officers.

Grain Exports For Week Match Wheat And Corn Totals

Bradstreet's reports weekly exports of wheat at 3,184,144 bushels and corn at 4,000,654 bushels. Wheat exports since July 1 total 199,454,306 bushels, vs 225,038,670 last year, while corn exports since July 1 total 202,769,574 bushels, up from 170,780,274 a year ago.

Bradstreet

May Net Reports Show Varied Railroad Earnings Shifts

Northern Pacific records a May net rise of 265 421 over last May, lifting total July 1 gain to 1 909 340. Denver and Rio Grande post 25 113 and 121 420 gains for the year to date. Southern Pacific reports a gross gain of 130 752 but a monthly net loss of 167 720, with a July 1 net increase of 2 451 065. Alabama Great Southern up 17 418, Canadian Pacific 46 911, Minneapolis and St Louis 9 248.

Northern Pacific Denver and Rio Grande Southern Pacific Alabama Great Southern Canadian Pacific Minneapolis St. Louis Kansas City Fort Scott Memphis Birmingham New York Pennsylvania Miles Leeee Adies Ewcee Inc SLES Oper. Inc Miscel. Inc Net Inc Dee Inc. Se A’ Inc Aanna Denver Inc. Ross Weeee Securi Weeeeeneee Cores 136 Inc Coreas Ewan Gecesesesas Pere Marquette Inc. Sat Eis Eac Peeacceseaee Chatautqu Jamestown New York Ottawa

The Trade in Chicago Prices Sink Then Rally

Chicago markets showed a further price drop early today with July at 7c and September at sic after a weak closing from Thursday. Lower Liverpool cables and Argentine shipments pressured sheets while late trading sparked a rally, closing modestly above Thursday.

Chicago Liverpool Mae

Also Mentioned on This Page

North Ee Nor West North American Hoopee Aneconda Brooklyon RT Nea Peo Gas Ealt & Ohio Pacific Mail Penn CRI & Pac Republic Steel Jos Chic Bur & Qy Gt West Ath Chesnio Southern Ry J &Gs Mo Pacifi Wheel & LE Menhart E West UT MK & T Cen Ist Inc Oadj Nor & West North Pac L& IM Bkisr UEF Tex & Pac Sallie Ches Wabash D Bs American Securities Abroad Money and Exchange Guilders Selchamasice Eee Bas Antwerp Frankfort Hamburg New Orleans Ic. Telegraph Cincinnati THE Stock Exchange Ise Cent Ist M & St L MK & E MK &T A& NW Ow ORR & D M& Spc Sc V & N C&g West F & PM W & DC Federal Treasury Total Consolidated Exchange Sales Ing Steel & W Alamo T's Con Cal & Va Cosmos of Croesus Loulsvy & Nash Public Steel Hern Roe Xas Pacific Bush Augusta Wall Street and Exchanges International Paper MAY Net Frederic H. Hatch Acker, Merrall & Condit Barney & 5 Caference Me&n International J&d Iron Steamboat J&j Madison Square Garden Metropolitan Forest M&n N. J. Steamboat N. Y N. x Gam Richmond S. S. Rapid Transit Aé&O Swift & Co Ja&j Texas & Pacific A&oo Union Ferry M&n T S U. S. Flour Milling New-York NY & E Balt Consol Ind Buffalo Chegl&f Chic N Eng G & Coke Exew G Con Lo & I Gas Co Beeinwas CPG O & Ind Gas Colum Gas Pitta C Gas R. L. Day & Co Walker Brothers Broadway Igh Cosy de Haven & Townsend Wallkey Am Ry Co Penn R R Co Penn Steel Brooklyn Gas Cambria Steel En Co Ry Co Choctaw Ry Phila Pilec Co Phila Traction Wels North Penn Union Trac Colorado Springs Colorado Ing Stock Exchange William P. Bonbright & Co Alamo Dandeens Pinnacle Portland Touraine Acacia Battle Mountain Col City & Man Damon Copper Mountain Elkton Garfield Ingham Con Isabela Lexington Mount Osa
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