Stocks Jump Amid Broad Market Push Ahead
Stocks surged again with heavy outside buying as money markets eased. Closing prices yesterday for principal active securities showed notable advances and net gains from Saturday’s final quotations.
View this page and access billions of articles with a 7-day free trial.
Start Free Trial
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Not what you were looking for? Search our billions of articles
Articles on This Page
This newspaper page contains 12 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 04, 1901
Page
2
Stock Market Advances on Large Volume Trading Amid Optimism
A broad rally sustained by heavy buying orders in early hours reflected renewed public interest in stocks. Investors favored industrial and high dividend names while cautious on high priced rails. St Paul attracted outside buyers on Union Pacific Middle West ties, with overall listings led by Amalgamated Copper, Sugar Refining, and Southern Pacific near day’s end. Total volume exceeded 1,700,000 shares.
Government Bonds Market Strong Final Quotations
Market strength noted with final bid and asked quotes across U S government issues including 1 the 1908 registered and coupon bonds 4s and 5s pairings 1904 02 and 1907 issues. Railroad bonds show total $4 679 600 with wide spread activity across Atchison East Baltimore and Ohio Southwest Central of Georgia and others including Erie Green Bay and Western Missouri Kansas and Texas Northern Pacific Reading St Louis Southwestern Southern Pacific and Wabash debentures.
MENTIONED IN THIS ARTICLE
U.S
Atchison General
Baltimore and
Ohio
Central of Georgia
Chicago and Alton
Colorado
Southern
Erie
Green Bay
Western
Kansas City
Missouri
Kansas
Texas
Northern Pacific
Reading
St. Louis
American Securities Abroad Market Summary
London June 3 4 p m American securities showed strength and active demand with good buying for the New York account. stocks quoted include Atchison 8 1 2 percent Canada Paul 17 percent Athens Central Nashville 10 percent Union Pacific York Central 161 Saint Erie HW bullish final prices 108 1 2 percent 147percent Louisville and Nashville preferred percent New Pennsylvania 77 percent Reading 22 percent Erie first preferred 72 percent Northern Pacific preferred 101 percent Anaconda 10 percent Grand
MENTIONED IN THIS ARTICLE
London
New York
Amican
Atchison
Canada
Paul
Athen Central
Nashville
Union Pacific
York Central
Erie
Pacific
Louisville and Preferred
New Pennsylvania
Reading
Erie First
Northern Pacific
Anaconda
Grand
Stock Exchange Sales and Railroad Shares Report
A brief market update shows varied activity with totals like 1,306 and 1,440 in railroad and other stocks. The record includes figures such as 14,200 and 6,520, along with 2,700 and 20K in the listed units, indicating mixed trading for Uniteded and related securities.
Money Market and Foreign Exchange Report
Money rates showed call money at 2 to 4 percent with the ruling rate at 8 percent. Time money quoted 3 4 percent for sixty days up to 34 percent for six months on railroad collateral. Commercial paper at 3 4 percent for three to six months for top names. Foreign exchange reported market steady with cables and bankers' posted rates across Sterling Paris francs marks and other currencies. Domestic exchange lists varied premiums and discounts by city with notable New York exchanges, clea rings and balances. Foreign money markets cited London call money at 2 2 1 2 percent, Berlin rates at 3 4 percent, and Paris and London exchange rates. The silver market noted bar silver at 60 cents and Mexican dollars at 48 cents. Gold premiums were listed for Madrid Lisbon Buenos Ayres and Rome.
MENTIONED IN THIS ARTICLE
Paris
Switzerland
Germany
Reise Hamarka
Aa DA Holland Gutsiders
Ee Ae
New-York
New Orleans
San Francisco
Telegraph
Lac
Cincinnati
Boston
Chicago
Charleston
Savannah
London
Berlin
Berlin Exchange
Paris Exchange
Madrid
Lisbon
Buenos Ayres
Rome
Treasury ledger shows large daily receipts and balances
Washington figures list total assets of 770 000 000 with gold and silver certificates, notes and deposits in national banks. Government receipts for the day amount to 4 749 930 with expenditures of 1 835 000 and year to date totals reaching 540 264 331 in receipts and 480 277 266 in outlays, leaving an excess of 59 987 065.
MENTIONED IN THIS ARTICLE
Washington
Treasury
United States
Internal Revenue
Wall Street Market Notes and Trading Activity
London prices rose while foreign houses traded heavily in about 80 000 shares. Steel demand was good with around 40 000 shares bought. American Sugar Refining directors may meet to discuss dividends. Arbuckles raised refined sugar price ten points. Mexican Central directors will meet June 17 in Boston to discuss readjustment of junior securities. American Tobacco and Continental Tobacco stock were strong. a new tobacco company may absorb them. People's Gas attracts steady buying with Chicago electric light deals likely. U S Steel stocks rose with Morgan and Keene active. Morgan’s return expected to spark more moves. Brooklyn Rapid Transit in good demand ahead of earnings season. Norfolk and Western and Rock Island show April gains in gross and net earnings and improved surpluses.
MENTIONED IN THIS ARTICLE
London
Atchison Common
Northern Pacific
Rock Island
Atchison
Chicago
Burlington and Quincy
People’s Gas
General Electric
Missouri Pacific
New York _ Central
Northwestern
Southern Pacific
Reading First
St. Paul
Sugar
Union Pacific
American Tobacco
Continental Tobacco
Amalgamated Copper
Manhattan
United States Leather
Brooklyn Rapid Transit
Delaware and Hudson
Tennessee Coal and Iron
Western Union
Southern Railway
Louisville and Nashville
Baltimore and Ohio
United States Steel
S. American Sugar Refining
American Sugar Refining
Wall Street
Arbuckles
Mexican Central
Mexican Central Railway Company
Boston
New-York News
New Tobacco Company
American
Continental
Havana
American Tobacco Common
Continental Tobacco Common
People's
People’s Company
Union Lead and Oil Company
Union Far
Chicago Rock Island reports year end earnings and passenger surge
The Chicago, Rock Island and Pacific Railway issues its pamphlet report for the year ended March 31. Gross earnings reach 25,364,695 with net earnings 8,199,602. Passenger income rises 15.50 percent, aided by a 928,539 increase in passengers and 15.36 percent rise in overall ridership. freight earnings up 11.64 percent. Construction and equipment charges total 3,139,066 as of April 1 balance sheet.
MENTIONED IN THIS ARTICLE
New York City
Manhattan
Bronx
Ereeel
Ee Columbia
Eleventh Ward
Fourteenth Street
Gansevoort
Tase
Hamilton
Mount Morris
Plaza Aleaza
Riverside
Twelfth Ward
Union Square
Broadway
SSS
Aloessan National Boco
Bprogue National
Sixth Ward
TAO Union
Richmond
Bank of
Staten Island
Hudson 'S
J. Eas
Jersey City
Nat'l
Hoboken
Sage
A Inc
Chicago, Rock Island and Pacific Railway Company
Inc
P. c
Wisconsin
Detroit
Mackinac
Indiana
Illinois
Iowa
Outside Securities Market closes strong and active
The outside securities market closes strong with Seaboard Air Line issues up 1 percent for common and preferred. Otis Elevator ahead but modestly faded. Electric Boat up 2 percent, Denver and Southwestern strong, Union Copper active near 7 percent, White Knob Copper up 1 percent, Bank of Commerce and National City advance in bid to 710.
MENTIONED IN THIS ARTICLE
Seaboard Air Line
Otis Elevator
Denver
Southwestern
Union Copper
White Knob Copper
Bank of Commerce
National City
Jon Frothingham
Fiavana
Los
Aberdeen
Ariz
Interstate Oil
Brit Col Copper
Inter
New-Eng Trans
Otis
Cape
Beesioee
den & So West
St Louis
Tel Tel & Elric
Ao Union Copper
United Rall Pf
Va Coal 1 & C
Flem C & Co
Worth Pump
Street Railway Companies in New York City
A concise report furnished by C. F. Frothingham outlines the street railway firms operating in New York, noting routes, service scope, and early urban transit developments. It references corporate names and street intersections affecting passenger movement in the metropolis.
MENTIONED IN THIS ARTICLE
New-York
C. F. Frothingham
Gas Companies. bid and asking prices listed
Market notes list bonds for gas companies with bids and asks. Items include NY & East R Ist 5s 1944 114, ny Nor An Ist 5s 104 106, Stand Gas 4s 130 133, N Am Co 5s do 6s pref 150, Ws i NY&ER do 5s 1930 115.
MENTIONED IN THIS ARTICLE
Mo K & T
Bouteres Tee Coo Adams
Nee Am Bicycle
LAO Amn Ar
Mospac Trust
Nyc
St L
Lord Balt & Ohio
Nor & Www
Ohio
R&d
Can South
Roch & P
M & St
Erie
Union Pac
W & DC
Fex
New-York
C. F. Frothingham
NY & East
Ny&er
Also Mentioned on This Page
Am C & F
Mo Kan & Tex
National
Am Lin
Lou Tie NY On & W
Amobacco
Nort & West
North Am
Pacific Mali
Ralt & Oh
Penn R R
Brooklyn RT
Canada South
Canadian Pac
Ches & Obie
M & St P
Ri& Pac
Rio
West
Ind & Su
St Léa
L&és
Col & Bo
Nsol
si&G12i Pt % T 3% Contin Tobacco. Is Southern Pacific i
Southern Ryel & Hudson
Texas & Pacific
M & Ft
Ts L&w Erie
Union Pacific Do
N Electric
Hock Valier
Asso
Ilinois
Entral
Jewa Central
Louis & Nash
Wwgeo- Dk
Manhattan O
West Ur Nion Tri
Met Street R
Wheel & LE
Wis Central
North Pac
Col & So
Sar&ap Erie
South Pac
South Rylet
Cen 1St Inc
MK & T
Wabash Dbs
Standard Oil
Pullman
Harriman-Morgan
Union
Middle West
Northwest
Sugar Refining
Colorado Fuel and Iron
Consolidated Gas
American Securities Abroad
THE
Stock Exchange
Too Goo Sue
Io Loka
Ann Arbor
Ey Am Ag
Sou Balt
R & Pi
PR & Nor
Chie & East
Ill
Chicago & On
Ind & Louis
Cerses
Mil & St
Igo
Chie & North AyHis
Uy Cley L& Wheel
Red Cley & Pitts
Lee Me Col Fuel & Iron
Col & South
Col & Hox
Ana Iss
Consol Coal
Consol Gas
del & Hudson
del Lack & Ww
Denv & Rio Gr
USA
Detroit Gas
Enie
Evans & TH
W & den
Istly
Illinois Central
Iowa Central
Kana & Micheas
K An
Kan City
Keok & Des M
Nu King & Pi
Knick Icesh
Laclede Gas
LE & Western
Mrs A Ou
Lau Lake Shore
Long Island
Sul Man Hkead Oy
Michigan
Minn & St Louis
Sat
Mobile
Octis
Norfolk & West
Bay
Peo Gas & Coke
Pere Marquette
Rens & Sara
St Louis Southw
Sloss-Sh St & Ir
Southern BR
Sissim
Stand Rope & T
Tenn Coal & Ir
Do Land Trust
Third Ave
Twin City
Rtr
SM Va
Edo
S Steel
Fargo
West Union
Mae
Creece
Philadelphia
de Haven & Townsend
Wall St
K Am Ry Co
North Penn
Hila Co. Iy
Penn R R Co
Cambria Steel
Penn Steel Com
CP Ry Co
ST Choctaw Ry
Penn el Veh Co
Con Tr
Do Ref Eiaeince
Diamond Steel OM
Phila Elec Co
Sig Elec
Phila Traction
Do F
Prila & Eric
Pitts Con Tr
Ins Co
Sus Iron & Steel
Lehigh Nav
Tidewater Steel
Lehigh Val BS
Marsden
Union Iro
Gas Imp Co
Welsbach Co Eae
An Northern Co
An Ds
P Ry Co
Money and Exchange
Sau
Baltimore
Federal Treasury
R L. Day & Co
Nassau St
At& F
Atlantic
Boston & Mont
Tel & Tel
Butte & Bost
R Co
Cal & Hecla
Bost & Albany
Centennial
Bost & Me
Franklin Chic Bur & Qy
Osceola
Fitchburg Rd Pf
Quincy
Soay Roly Gen Elec
Tamarack
Mexican Cent
Wolverines AO
ST Ola Colony
Boston Elev
US Rubber
Arcadian
Wyandotte
West End
Allouez
Consolidated Exchange Sales
Amal C
Bay State
Ind & L
Chic
Ri& P
Col Fuel & I
Toewei
Mo Pacifie
Southern Pa Tyre Co
Southern R
Argentum
Brunswick
Oni
Cal & Va
Wall Street and Exchanges
Norfolk and Western
Avril
Rock Island Report
Cost Road, Etc Inc
Chicago Railroad
Rhode Island
Ete Stescoes
C. R
R. IL
Ferry Companies
Bklyn
NY & ER Ferry Co
NY & HF
Union For
NY & Aes Een J. & D. Os
NY & NJ
Am Press Association
Soda
American Thread Co
Amer
Barney & 3
Fea
Car Heating
Empire & Bay State
Pire Steel Bay Empire Steel
General Chemica General Chemical
Gorham Manuf
Hudson River
BR. Stetson
Lanston
Larillard
Iden
Maren Copper
Alen Nath
Nat Nai Enarael
N. &Nj
Old Dominion S
Pitts
Hess. & Bl
Penn
A&oo
Pittsburg
Planters Compress
Pratt & Whitney
Safety Car Heat & Light
Simmons Hardware Com
Simmons Hardware
F&a
Singer Mfg Co
Swift & Co
Trenton Iries
Trenton
Union Switch & Signal
Union Switch & Signal P
Union Typewriter
A&o
Wu. S. Glass
Westinghouse
Bsé& F
B & 7Th Ave RR Co Lpc
Ay Rco & J
C.F
Ave RR
Pe Ry Co
Picasa
Atlantic Ave
Jad Loz
Coney Island & B
J&ds
Calvary
J&bob Lows
Lorimer
Me&n
Grand St & N
Jamaica & Bk
Jaed
Kings County L
Nassau
W & Fi
Fanden Beach
Wee As
Bay State Gas Co
Bing Gas
J M. Ai
Grand Rapids
N. Int & A
Indianap
N. M
L& Lafayette
Mad
G & E Co
NEG & C
Amer. Surety Co
Ba & Mtg Gr Co
Bowling Green
Brooklyn
J. Central
Gour
Fifth Ave Tr Co
Flatbush
Franklin
Guaranty Tr Co
Kings County
Knickerbocker
T & Ins
M I Co
J. & D. Long
Soo
Mercantile
Dewey, Oe
J. Ss Morton
J. Nat'l Surety Co
North Amer Co
J. Nassau Eseuccens
Wis. & D
Lin & Tr
Mtaly_J
S&f. Real Estate & Co
J. Trust Co
Ws. & JF
Wes & SF
Wh&eds
Williamsburg
Colorado Springs
Miteing Stock Exchange
William P. Botebright & Co
Ingham
Isabella
Lexington
Portland
Jack Pot Con
Col City & Man Elkton Cor
Gold Sovereign
Findley
Search the New York Tribune Today with a Free Trial
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
Not Finding What You Were Looking for on This Page of The New York Tribune?
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
Browse Newspapers
You can also successfully find newspapers by these browse options. Explore our archives on your own!
By Location
Browse by location and discover newspapers from all across the world.
By Date
Browse by date and find publications for a specific day or era.
By Publication
Browse old newspaper publications to find specific newspapers.