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Newspaper

Philadelphia Times

Location

Philadelphia, Pennsylvania, United States of America

Date

Dec 01, 1900

Page

9

Stocks Open Higher As Market Shows Irregular Activity

New York stocks opened higher on heavy volume but with irregular trading. Foreign buyers added about 50,000 shares of international stocks, with Southern Railway leading early gains among rails. Industrials were quiet while semi speculative bonds rallied. call money ranged 4 to 5 percent.

THE Times New York Southern Railway Union Northern Pacifics Louisville Nashville Southern Pacific New York Central Hocking Valley Norfolk and Western Chesapeake and Ohio Wheeling and Lake Erie Lehigh Valley Jersey Central Pacific Mail Panama Railroad Pacific Coast Third Avenue Ann Arbor International Paper Cheapeake Ohio Kansas Texas Atchison Baltimore and Southwestern Sts St. Louis

Market dull after Thanksgiving with mixed price moves

The Philadelphia market opened subdued after Thanksgiving with light activity and scarce trading. Stocks such as Choctaw and Asphalt issues fell slightly while Electric Storage Battery preferred held a 6 percent dividend stance. Welsbach bonds advanced as earnings outpaced fixed charges amid a general earnings downturn for Lehigh Valley and Reading companies.

Welsbach Cambria Steel Pennsylvania Bethlehem Steel Lehigh Valley Abana

New Companies Chartered in Harrisburg and Dover

Charters issued at the State Department list The Bendy Lake Water Works in Sandy Lake Mercer county with capital of 10 000. The Ice Company in Shenandoah with capital 100 000. In Dover Delaware the Imperial Underwear Company was incorporated this afternoon with capital stock and details provided.

Harrisburg State Department Bendy Lake Sandy Lake Mercer County Capital Ice Company Shenandoah Philadelphia Dover Del Imperial Underwear Company

Pennsylvania Railroad October 1900 earnings and expenses

Statement comparing earnings and expenses of the Pennsylvania Railroad for October 1900 and for ten months ending October 1900 with some 1899 periods. It lists directly operated lines and shows figures for Wilmington and Baltimore, Northern Central, and related branch lines.

Pennsylvania Rairoad Pennsylvania Railroad Wilmington Baltimore Ross Inc Centra Way

London buys rail stocks and opens New York transfer office

London purchases Union Pacific Southern Pacific and Atchison Pennsylvania Railroad stock to be listed in New York with a transfer office opened at 128 Broadway. Wall Street rose as London set the pace, with gains around 1 percent. December dividends and interest on railroad and other bonds are projected at about 42 million dollars.

Pennsylvania Railroad New York Broadway London Wall Street Lond

Lease Ratified for Easton Consolidated Electric Assets

The stockholders of Easton Consolidated Electric Company ratified a lease of the company’s properties to Lehigh Valley Traction Company at a special Camden meeting. The agreement sets an annual rental of 45000 dollars.

Easton Consolidated Electric Company Lehigh Valley Traction Company Camden

Liverpool Cotton Statistics for November Week

Liverpool reports weekly cotton statistics with total sales of 59 000 bales, American sales 52 000 bales, exports 5 bales, imports 174 000 bales, American imports 151 000 bales, total stock 494 000 bales, stock afloat 433 000 bales, all kinds 269 000 bales, and remarks on spinner takings and destinations.

Liverpool

Bank Clearing Figures And Bank Charter Approvals

Bank clearings yesterday rose by 758 to 21 042 in Philadelphia and 89 729 in Bas. The Comptroller approved charters for Neligh National Bank in Neligh Nebraska First National Bank of Ashland Oregon and Cazenovia National Bank in Cazenovia New Hampshire each with 25000 capital. The New York Sub Treasury transferred 200000 to Chicago 100000 to St Louis and 150000 to New Orleans. The Sub Treasury was creditor at the clearing house 25500 adding to possible reserve losses. The known movements show banks lost 2500000 with 1712000来自 Sub Treasury operations. Last week results were over 3000000 better than forecasts with one bank gaining 3054515. The market remains confused due to seasonal money shifts.

Neligh National Bank Neligh Nebraska Capital First National Bank Ashland Oregon Cazenovia National Bank Cazenovia N. H New York Chicago St.Louis New Orleans Sab-Treseury Treasury

Dividends Declared by Major Companies

Merchants' Trust Company pays 4 percent on Dec 11. Southern Cotton Oil 2 percent on Dec 15. Consolidated Gas Company New York 2 percent on December 18. Electric Storage Battery 6 percent preferred stock on Jan 2. Cramp Ship and Engine Building 14 percent quarterly on Decem ber. The Tamarack Company Boston $10 per share semi annual. Prior dividends were $7 and $6 a year ago.

Townsend Nile American ‘Railway Cambria Iron Cambria Consolidated Pretin of Pitts Haddington Passenge Philadelphia Electric Palmetto Company Pennslvania Railroad ii al Ai S Company i Penosylvania ‘Steel Provident Site & Trust Co Or Ke Superior Co Philadelphia Traction Reading Trust St Pref. Trust Susquehanna Iron & Steel Tidewater United Gas Improvement Union Traction Welsba Chmpany Southern Railway Tel Southern Cotton Oil Company Consolidated Gas Company New York Electric Storage Battery Company Cramp Ship and Engine Building Company The Tamarack Company Boston

Foreign Financial News and Market Notes

The Bank of Bombay raises its discount rate from 8 to 4 percent amid mixed London stock performance. American stocks in London close firm with general market steady. Paris stock exchange remains heavy. John Hays Hammond urges Stratton Independence mine dividends cut from 40 to 10 percent. European papers discuss U S bond conversion suspensions and railway nationalization talks among Franco American bankers and Swiss interests.

London Paris John Hays Hammond Venture Corporation Stratton Frankfurter Zeitung Switzerland Aioe Loas Eeemos

New York Wholesale Prices Gauge Quiet Grain Market

Wheat receipts 101,625 bushels with exports 27,000 amid a soft spot market. corn receipts 155,250 with 267,675 exports and a weak close. Prices for rye, oats, butter, and cheese show steady to dull trends as markets react to Argentine news and larger mill shutdowns.

New York E. i. Ft C. F Duluth Minneapolis Rio Cordova IalGe Pennsylvania Long Island Jersey Sweets Liverpool Gullentten Grasp

Grain and Produce Market Summary

Receipts total 7 379 bushels with shipments 56 700 and stock at 515 199 bushels. No trading on options as drop in corn and beans steadied. Export demand seen at 80 000 bushels on private terms. Buckwheat flour steady with fresh ground flour at 2.25 to 2.35 per 100 pounds.

Clos Nice Northwestern Ponusrivana Faa'sc

Market Receipts and Demand Slump in Grain Trade

Receipts total 360 240 bushels with shipments 650 043 and stock 637 418 as the option market weakens and prices fall on light Western guidance. Cables show 8 shade lower while exporters report fair inquiry. car lots ease with slow demand and next week’s Gastvery outlook. No. 2 on call 3 follows. December at 42% with mixed bids and asks around 43.

Cer Bod Veew Ss Busbess Sears Aatie

Receipts and shipments amid freight constraints noted

Receipts total 40 457 bushels with shipments 3 477 bushels and stock 400 465 bushels. Freight space shortage limited sales and exports, with demand restrained by scarce rail and shipping capacity.

Untitled fragment on market receipts and jobber activity

Fragmentary market note describes receipts of 5 775 barrels and 1 655 600 pounds in eacks with jobbers limiting trades to small lots to meet immediate needs. Prices appear weak with unclear figures and garbled terms.

Eacks Bippen Ab Prauayivenis

Wee steady butet $3.0005.10 per barrel for chotew

Wee steady butet price per barrel cited in garbled note. No clear entities or dates to identify.

Commodity Market Report Notes Narrow Supplies and Steady Prices

Supplies were limited while demand remained fair. Trading was quiet with firm prices and light offerings. New York markets showed varied cream styles including full creams and fancy small lots, with expectations for quality and pricing remaining stable.

Kota Eftan New York

Fresh Stock Scarce as Outside Demand Buys Fall-East Eggs

Fresh fall eggs remained in tight supply as outside demand sharpened prices. Western choice eggs were advertised as fresh and available in Pennsylvania and nearby markets.

Pennsylvania

Poultry Market Report Shows Steady Demand and Firmer Quotes

Live poultry demand was better with firmer prices and moderate offerings. Quotations cover fowls and hens, old roosters, spring chickens, spring ducks, turkeys, and geese with varied regional grades and prices.

Unclear Poultry Market Report With Mixed Grades

Fragmentary market notes report mixed poultry quality with choice birds selling fairly and steady while medium and low grades appear dull. Mentions Western and Sigal0e lots, dry picked terms, and vague references to roosters and chickens.

Market Report for Vegetables and Potatoes

Potatoes supplies were liberal and market steady. Osions firm. Cabbage moved slowly with mixed prices. Michigan onions and cabbage vary from fair to good quality. Prices quoted per basket reflect ranges in late market trading.

Michigan

Fragmented OCR item on domestic market quotes and prices

Readable text lists various domestic price terms and unit measures such as baskets and cases. Mentions value ranges like five to nine dollars and one fifty per case. Missing context limits precise interpretation of commodities and dates.

Provisions Market Quotation Summary

Steady demand for smoked beef and hams with prices from 16 to 50 cents. Pork family hams priced around 17 dollars, cured meats per pound range 4 to 7 cents, bacon and shoulders listed with brand averages, pickled belly and breakfast bacon offered in various forms and containers.

Tierces

Prices for refined sugar and variants quoted by mills

Prices from American Refining Co. and McCahan show unchanged base levels but shaded 5 to 10 points on soft grades. Refiner prices carry a 15 cent per hundred pound rebate after 30 days and a 1 cent discount. Various sugar grades and brands are listed with minor price points across confectioners and standard granulated categories.

American Refining Co MccCahan Trust Lorcant Eerk Bet

Market receipts firm with strong hay and grain prices

Receipts were not large and the market ruled firm with hay and straw notably firm. Prices listed include Timothy hay large bales 17.50 and No 1 small 16.50, mixed 15.50, rye straw 16.00, oats No 1 8.50, wheat No 1 9.00, and several other No 2 mixed and No 3 figures.

Timothy

Bran prices in bulk and sacks at sixteen fifty per ton

Market notes show winter bran in bulk at 16.50 per ton and spring bran in sacks by size at 16.50 per ton as the current quotation.

Cotton Sold in Small Lot to Spinners

Cotton sold in a small way to spinners at 10 1 2 percent per pound for middling uplands.

Chicago Grain Market Slumps on Receipts and Demand

Wheat and corn fell as receipts rose and foreign demand dwindled. December wheat declined about a half a cent, and December corn slipped fractionally with negotiators shifting to later contracts. Oats and provisions also eased, while weather reports and mills’ activity influenced trading.

Chicago Minneapolis Argentina Dauie

Live Stock Quotations in Chicago Cattle Report

Chicago cattle receipts reach 3 500 with overall steadiness. butchers stock steady to slow. Native cattle value at two cars Christmas pricing six fifty. steers around five ninety and up for best selections. Overall Cleveland market tone mixed with light demand and varied quality factors.

Chicago

Market Report: Cattle Hogs Sheep Prices Across Regions

Receipts and price ranges for cattle hogs and sheep shown across multiple markets. Texas and East Liberty listings include steers bulls and lamb values. Western and native lambs noted with per hundredweight figures. shipments and daily totals listed for cattle sheep and hogs with price bands and top quotes.

New York Cotton Market Shows Notable Strength Today

The New York cotton market opened steady and rose several points on brisk demand from Southern and foreign interests and local shorts. Cables and rumors of higher Southern spot markets supported buyers, but later trading dwindled with prices settling a few points higher amid expectations of light receipts at New Orleans and Houston.

New York New Orleans Houston Liverpool Manchester China

Oil Prices and Shipments Report from Oi City

Credit balances stand at 1.07 with certificates at 1.00 bid. Shipments total 253 644 barrels with an average of 102 141 barrels. Bus shipments reach 202 156 barrels with an average of 92 115 barrels.

Oi City

Estate of J Gillingham Fell Adjudicated in Orphans Court

Judge Ferguson filed an adjudication of the third account of Amanda R Fell Anno Pardee and Franklin Comly executors as stated by Herbert M Howe administrator of Amanda R Fell deceased surviving executor of J Gillingham Fell estate The account shows a principal balance of 1186611 25 in securities valued at 472 after deductions 72060 was awarded one half to the testator s daughter and one half to the Pennsylvania Counts Insurance on Lives and Grand trustees under the will of the jora of income

Orphans’ Court Ferguson Amanda R. Fell Anno Pardee Franklin Comly Herbert M. Howe J. Gillingham Fell Pennsylvania

New Schooner Edward T. Stotesbury Maids Maiden Voyage

The schooner Edward T. Stotesbury departed from the port on her maiden voyage carrying 447200 gallons of naphtha and 319 gallons of refined petroleum valued at 48000 dollars bound for Liverpool. The Delaware Breakwater harbor departure occurred at 11 41 A M as the ship set a two four—note likely watch.

Edward T. Stotesbury Iverpool Delaware Atlantic

Slight Fire In Treasury Department Caped In Office

Fire was discovered at 11.80 today in the first room and third floor of the Treasury Department. The blaze was confined to the office area and extinguisher teams contained it quickly with no injuries reported.

Treasury Department Washington Fies

Also Mentioned on This Page

Philadilpaia Enix Valier Phila Elec Wels. Co Diam. Steel South, R. R Aer. Ag Lehigh A Steel Diam Steel Rm Teers T. Pitts C. St Shoctaw Mfd U. Gas Stor. F BO Iz Stor. Pt Union Trac Klec I. Prem N. H. Steel Marsden Reden Phila. Co. Ca Beth. Steel Penna. Stee Trac Eee Read Ant Pt Penna. Steel Ant Y Brey Pitta Am. Tees Hoctaw Ween T. c Wels. Co. Setee Phila. Trac Phila. Co. Meee Ila Choctaw Pf Stor South R.R. Pf Seer Ewes Wen Company United Railway Welsbach Sms S Vasivarye Sphalt Delaware County Welsbach Co Philadel Weneee Sinhia Philadelhia el Ene Co Newark Penna Organe Steel Oie Ne Co Agal Welsbacompany National Spit Union Pacific Atchisons Chicago, Burlington and Quincy C. KB. Schermerborn Arizona Development Company Yuma Maricopa Arizona Chicago and Alton Apeees Real Estate Loan and Trust Company N. J Security Trust Company the &Ewr Trust Francis Fithian D. Moore David Baird Ase Mt Urff Clarence J. Polhemus General Fund United States Liverpool Cotton Statistics Merchants’ Trust Company Foreign Financial News Bank of Bombay Vossische Zeitung Gage Bay National Bank U. 8. Bonds and Exchange Tego Seven, & Townsend Stock Commission Chestnut Street Welwapaad All American Ns Oh I American CO Mobile & Ohio Be 'S Ieeriene National Steel Norfolk & West Pi Nationa Biscuit Co. Pref Northern Pacife Chic. & E. Ill Chi Bur Republic Fie He’s & St Bk. Great West Rock Island Continental A St. Ta & San Fr Colorado St. Paul del., Lack, & W Dela, & Hudson Third Ave Texas Pacific Erie & Western U.sather Western Union Illinois Central Kenan Atchison Adj Sat Vewesetews Eweseas Boston Gas Brook Ae Tr Tawee Georgia Pac Romte Seerest Alton Chile Quincy Cart St. P Borl. S St. L Chic Erie N. Fe Settee Sig Mo Oni & T East Tenn Va St. Panlos R. R Col Ss. St. B Ft. W. Rilo Gr Cook, Heik Te South Co Bol Bee N.Y Y.C E. i Norfolk & Wes Con Nor Illinois Sis Pac Tenn Birm Dry Iron & BR Lion R. i Int Texas & N. O Wilkesbarre Onion Pac Peuenottye L&i. M. Gen Mittgen Raeas Be Wabash West Side Wahesh Baco Ogentral Ist Inc Entral L. Swn Ae Thaun Chicago Grain Market GEO. A. Huhn & Sons Bullitt Fourth ST Ters DE Haven & Townsend Chestnut St Wall St BEN J. H. Gaskill & CO Bankers and Brokers N. W. Cor. Lt. and Chestnut Ste Philadelphia Stock Exchanges W. H. Cole, Jr Walnut St Sand Fork Lewis and Gilmer Counties W. Va R. L. Zinn Weston Texas Fed Texas Clan East Liberty East Buffalo J. Gillingham Stotesbury
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