Philadelphia Market Dull Amid Broad Trading Slump
The Philadelphia market shows light activity with many leading issues neglected while Fairmount Park Transportation and Philadelphia and Erie drive interest. Notable movements include Philadelphia and Evie reaching a new high, Union Traction and Reading edges, and bonds showing mixed results as the overall market closes dull and steady.
MENTIONED IN THIS ARTICLE
Reading Common
Philadelphia Rapid Transit
Union Traction
Fairmount Park Transportation
Philadelphia
Erie
Evie
Faimount Park Transportation
Indianapolis
Mr. Morgan
Baer
Pennsylvania
Lehigh Valley
Reading
Southern Railway
Consolidated Lake Superior
American
National
National Preferred
United
American Railways
Buffalo Railway
Camden & Trenton Railway
Itivens’ Passenger Railway
Columbus Street Railway
Eeeeeneeee Co
Saeeee Aus Consolidated Traction
New Jerse
Continental
Consolidated Traction of
Pittsburg
Genevaleeee
Reading Traction
Edge Ave
Scranton Railway
Second
United Power & Transportation
United Power & Trans
United Traction of
Hiladeiptis
Ssss
Chicago Market Apathy Halts Rush on Wall Street
New York exchange carried a 36 cent premium to day while time and call loans ran four to five percent. Apathy spread to the Chicago Stock Exchange with few deals and scattered odd lot transactions. Union Traction directors plan weekly meetings and major improvements failed to move stock.
MENTIONED IN THIS ARTICLE
Chicago
New York
Wall Street
Stock Exchange
Union Traction Company
Chicago Stock Exchange
Securities Sold at Philadelphia Consolidated Exchange
City stock exchange notices show listed stocks traded yesterday at the Philadelphia Consolidated Stock Exchange with transactions recorded for listed securities.
MENTIONED IN THIS ARTICLE
Philadelphia Consolidated Stock Exchange
Union Pacific Leads Boston Market With Volatile Trading
In Boston dispatches from Argust 6 Union Pacific stock opened at 47 cents, dipped to 45, then climbed to 52 as heavy trading dominated. Copper shares were dull while a few well maintained, arbitrage activity in sugar stood out amidst the session.
MENTIONED IN THIS ARTICLE
St. Eas
Pacific
Ing Bo
Ont. & West
Manhattan
Penna
South
Pac
Union Pac
West
Union
Atchison Aay
Southern SH
Wabash of
Texas
Brook
St. Paul
Illinois
Monit
Rock
Greene
Tonopah
United
Anglo-Am
Cong
Clelons
Arg
Isabella
Jack E
Mary Ca
Mike Giben
A. N
Portland
Boston
Union Pacific
Money Market Report and Foreign Exchange Summary
The Money Market in New York opened at 2 percent and fluctuated to a high of 3 percent, closing at 2 percent. Time loans showed demand with rates 4 percent for sixty to ninety days and 7 percent for four to six months. Mercantile paper sales were moderate, with 4 1/2 to 5 1/2 percent for various terms. London exchange remained strong with sterling protected by Paris rates, while New York exchange noted a strong tendency with expectations of further shifts.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Mercantile
Telegraph
Boston
Baltimore
London
Berlin
Paris
Rma
New York Market Strength Report
Market data show strong New York trading with notable figures for year to date and comparisons to the prior year. Totals include 105 169 387 current year and 198 986 228 last year, with August figures around 1 705 000 and other large daily transactions recorded.
MENTIONED IN THIS ARTICLE
Pomaee Apt Ok
Market activity shows buying for absorption in New York
The Times notes stronger quotations and persistent buying for absorption on the Stock Exchange. Bears are largely failed traders while prospering financiers back the gains, with call money at 3 percent and overall market activity modest yet rising.
MENTIONED IN THIS ARTICLE
Stock Exchange
Trading in outside market shows narrow gains and declines
Stocks moved within narrow limits with little notable action. Standard Oil fell further after a dividend cut, Virginia Iron Coal and Coke rose, and United States Realty and Construction reversed after an intraday rally. Central Bond and Trust bonds traded at 860, up 20 points from prior bids.
MENTIONED IN THIS ARTICLE
New York
The
Times
Rock Island
Standard Oil
Virginia Iron
Central Boalt Bond and Trust Company
New York Central Posts July Earnings Rise
New York Central reporting July earnings show an increase of over 96000 dollars, exceeding 3000 dollars per day. Wall Street notes large purchases by Moore Brothers H C Frick and John W Gates.
MENTIONED IN THIS ARTICLE
New York Central
Philadelphia Times
New York
Wall Street
Rock Island
Moore Brothers
H. C. Frick
John W. Gates
Stock Exchange
William K. Vanderbilt
Chicago and Northwestern Railroad
Vanderbilt
Southern Earnings Rise as New York Market Moves
Southern Railway reported July earnings above 3 2000,000 with gains of over 288000. London emerged as a major buyer of Southern common stock while Atchison saw heavy London volume at rising prices. Rumor says James R Keene bought calls on 100000 shares of Atchison around 85 for September end.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York
Southern Railway
London
Atchison
Atchison Common
Wall Street
James R. Keene
Hill Sees Big Business Boost for Western Railroads
James J. Hill predicts rising earnings for the railroad of the West in a New York message to friends. He warns the crop outlook will demand capacity beyond rail lines by September 1 as traffic expands.
MENTIONED IN THIS ARTICLE
Sinking Fund Trustees of
Cincinnati
Philadelphia Times
New York
James J. Hill
Railroad of the West
Lead Trust Shares Rise as Pool Resumes Operations
In New York on August 6 the Lead Trust Pool resumed operations bidding 2 comagon stock 2 points today. The old-time belief repeats that Lead Trust and a 1 Trust may consolidate.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York
New Companies Chartered With Diverse Ventures Listed
A batch of newly chartered firms includes Palace Department Company with $125,000 capital focusing on a department store, the Thomas A. Fountain Broom Company capitalized at $4,500 for broom manufacturing, and Sea Isle City Ocean Pier and Amusement Company with $25,000 for ocean jet operations. Other incorporations cover slab manufacturing, town and power ventures, lighting, grocers’ supplies, machine tools, and various manufacturing interests, led by named incorporators across multiple firms.
MENTIONED IN THIS ARTICLE
Palace Department Company
Capital
Robertson
BR. W. Steele
Elias Hoffman
Thomas A. Fountain Broom Company
Thomas A. Fountain
Lewis G. Rude
Abram R. Rude
Sea Isle City
Elisha B. Vilet
International Towning and Power Comte
Ob Pete
Sane Rnae
Nacorporatora
A . Magorg
Baldwin
Harry A Picking
Ee Company
RK. Crocker
Charles Fancher
Thomas
Levi Harbaugh
L. ‘J. Eshelman
Bennett, Sloan & Gage Company
Willia
Gregor Ewsae
Iward
London Stock Market Weak and Global Trading Quiet
The Times reports a quiet London Stock Exchange with many members absent and a flat tone near the close. Consols firmed on bear buying, home rails idle, and Atchison activity on New York accounts amid a steady close. Paris and Berlin markets show losses and subdued mood with Turkish firmness and mine shares weakness. Liverpool Cotton Exchange plans to discuss official value quotes in fractions and decimals ahead of October 1.
MENTIONED IN THIS ARTICLE
London
the Times
Stock Exchange
Atchison
New York
Berua
New York Stock Exchange
Liverpool
Cotton Exchange
Exchange and banking notes from Paris Berlin and London
The dispatch reports that London exchange on London remains at 19 percent for checks, Berlin quotes 20 marks 4 pfennigs for checks, and gold totaling £8000 was deposited at the Bank of England on balance. India Council bills were allotted today at 1s 3 15-16d.
MENTIONED IN THIS ARTICLE
Berlin
Exchange
London
Bank of England
India Council
Burlington Cedar Rapids and Northern stock soars on New York exchange
Burlington Cedar Rapids and Northern stock rose to 215 for 100 shares as investors watched a rapid victory for the minority, with a protective committee led by Benjamin Griffen reporting an arrangement to pay cash 220 per share to stockholders, an $80 gain per share.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York
Burlington
Cedar Rapids
Northern
Wall Street
Benjamin Griffen
Gates Back In Town Hinting At Markets And Bets
John W. Gates appeared in New York on August 6 visiting J P Morgan Co and rumored to discuss Louisville and Nashville matters. He gave no comment on those talks but declared I am a bull on the market and stocks must rise much higher before I turn bear.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York
John W. Gates
Wall Street
Saratoga
J. P. Morgan & Co
Louisville
Nashville
Gates
Express Stocks Rise On Consolidation Hints In New York
United States Express stock rose another point and American Express gained as Adams added 5 points and Wells Fargo 10. The broad advance fuels speculation that a general express company consolidation may be underway beyond idle talk.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York
United States Express
American Eo
Adams
Wells Fargo
Wall Street
General Express
Ends of Day Financials Sparse for Government Bonus Quotes
Yesterday’s closing quotations show government bonus figures slipping versus Tuesday. Bank clearings compare with last year, noting increases for Philadelphia and New York while Chicago and other markets post gains as well. Stocks and bonds sold at Barnes & Son auction included small lots from Oklawaha Fruit Co and United Traction, with various par values and shares exchanged during the session.
MENTIONED IN THIS ARTICLE
Philadelphia
American Cement
Cons Lake Sup
Cambria Steel
Diamond Steel
Elec Do Co
Amer
Fairmount P. Trans
Ins. Co. of
N. Am
Lit Brothers
Lehigh Valley
Minehill
Newaven Steel Onan
Pennsylvania
Phila
Rapid Tran
Dias Phila. Electric
Phila. & Erie
Philada
Traction
Son Penna
Eau
Rochester
Southern
Eg Pacific
Y Vu
Choctaw
Spon E. & P. Tr
A. Phila, Co
Phil
Anee & Steel
Barnes & Son
Iy Oklawaha Fruit Co
Tae
Ee Deposit’ of Surety Co
Serenten Railway
Fire Association
United Traction Ton
Barnegat Day Trip Leaves At Dawn From Wharf
Early Sunday excursion from Barnegat Street Wharf heads to the coast via Pennsylvania with departure at 700 A M and tickets priced at $1 25 per person.
MENTIONED IN THIS ARTICLE
Barnegat Day Resorts
Pennsylvania
Het Street
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Serge Cer Ee
Ccc
Ezenet Gieick Ees
Park Tr
Phila. & Erle
Penna, R. R
National Asphalt
Philadelphia Co
Lake Sup
Nat. Asphalt
Penna. Steel of
Phila, Co
Jer
Cen
Sub-Treasury
New Orleans
Senate
A York
Eorn
Norfolk and Western
Central Trust Company
Board of Governors
Philadelphia Exchange
Consolidated of
Susquehanna Steel
Milwaukee and Chicago Breweries Company, Limited
Galveston
Ae Oese
Ohio
National Bank
Chesapeake and Ohio
Canada
Pagent
Sorpat
Treasury
General Fund
United States
Lasterday
Yester- Cambria Steel
Cambria Trod
American Trelephone
Diamond State Steel
Wees
Arcadian Mining
Ween Atlantic Mining
Eleskin Co. of America
Calumet & Hecla
Gang Mining
Dominion Coal
Dominion Iron & Steel
Muse
Franklin Mining
Isle Royale Mining
Coas Mining
Stee Osceola Mining
Tamarack Mining
United Fruit Teeacene
Phila. Electric Trust Etfs
United States Mining
Susquehanna Iron & Stee United States
Tidewater Steel
Utah
Rennese Titewater Steel
Un.-Shoe Machinery Ve. A
Ae Warwick Iron & Steel
West End
Welsbach Company 87 Co
Aia
Welsbach Incandescent G. L
Canada Western
Westmoreland Wm. Cramp Shed Coal Engine Building Co
Wolverine Mining
Chicago Stock Market
Baltimore Stock Market
Strawboard Saee
Chicago Dle & T
Areas City Railway
Chicago Mat
Lake ‘St Street
Metro
Itan Aes
Praeett
Eee
Een. Estes
Rwift & Co
Altimore
Union Tre
Ban
Ala
Saae
Atlanta
Charene
Oseee
Seaboard Ry
U. Rwys
B. Ba
Philadelphia Consolidated
Pittsburg Stock Exchange
Pittsburg Coal
Steel
Pittsburg Brewing
Este Heat & Light
Federal National
Lallal Copnenemelie National
Electric
Boston Stock Market
Cco Express
Amane
Rs Consol
Pacific Gas
Pene Es Valley
Pacific Wells F. Express
Anacote
J. Sen
San
Ft. Scott & En
Dan
Erle
St. Ry
Verve Reese
Brooklyn
Bkn
R. R
Wn & H. It
N.Y. Cen
H. R
Ieee
Poco
Nor
Rh. & Con
Sh. L. Co
Penn
Aisles
St. J
Ee Ennes Chi
B. & Quincy
St L
Quincy
Aeene
Renee Ewes
Quincey
St. L
Swn
Ali L
Rey C
R. 1
San. & C. Con
Col. F
Col. Mid
Ty H
Rio Grande
G. BR
G. BL
West Sh
Whi. & L. Int
M . Tetera Des
Borden
California
Camden Land
Central Fireworks
Central Foundry
Eucybicago
Peoria
I Aes
Empire Empire Consolidated Quicksilver
Empire Steel
German Treasury
Hackengack Meadows
Havana Commercial
Resesed
Havana Tobacco
Houston
Owene
Mines Securities
Iy National Bread Co
Athenee Ewnee National Sugar
N. Y
St. Louis Transit
Seaboard Air Line
Seminole Mining
Simpson-Crawfa Simpson-Crawford
South, Light & Traction
Tefli-Weller
Trenton Potteries
U. S
S. Shipbuilding
Universal Tobacco
NEW York Times’ Review
Ann Arbor
Brooklyn R
K. & Prts
Buc. R. & Lis
Can
Can Pacific
Las
Ches
Chie & Alton
Chic I & P
C St Ll
Sai. Fuel & Iron
Cole & Southern
Col Co. 2d
Consol &H
del & Pref
Hudson
Fiat Ria
Den
Detroit Gas Bally
A. Pf
Oaly
Erte
Evans
T. H
SL Fuller Co Ed
Hocking Valley
Illinois Central
Iowa Central
Kansas City
Ol Loulev
Naab S
Fanhattan Beach
American Can
St. Rwy
Alliance Realty
Iit
Light & Trac
Bay State Gas
Kansas
British Columbia
Hartford
Missouri Pacific
aRloo Ca
Trenton
Rair Ink Consolidated
Zaidix
Dominion Securities
Central
Strooara
Y., Co
MD Beim Exploration
Norfolk
Ontario
Rwg. T
Berta Dasbveed Sae Ve
Iron & Bt
Eeeo
Wil
San Fran
Tj&g
Annes
Ria
Seaboard
St. Lous Wi
Toledo Rwy
Light
Atheeuere Southern
Union Pacific Rights Oom Cate Sa
United Gas & Fi
N. J
Lead Trust
New Jersey
London Stock Market
New York Times
Kaftfira
Boerse
N.Y
Euuiy
Equi v. Atchison Seeere
Aig
Baltimore & Oh
Canadian Pacific
Chicapeake
Sint St
Denver
Duses Bass Cvoreees
Filinois Central
Ap Naas & Texa
New ‘Central Wreses
Yale U
S. Bergs