Moderate Stock Market Trading Dampens Bearish Tone
Today's New York Times market report shows moderate dealings with irregular price changes as professional operators dominate. London sellers and short selling pressured early trading but a late rally lifted sugar, coal and iron shares, with notable gains in Metropolitan Street Railway and others, while government bonds held steady and call money stood at 4 to 5 percent.
MENTIONED IN THIS ARTICLE
The
Times
New York
London
Metropolitan Street Railway
Tennessee Coal and Iron
Metropolitan Street Railroad
Manhattan
Federal Steel
Preferred
Atchison
Brooklyn Rapid Transit
St. Joseph
Grand Island First
Wabash
Reading First
Erie
Hocking Valley
Pacific
Colorado Fuel and Iron
Burlington
Ann Arbor
Amalgamated Copper
Philadelphia Market Shows Firm Undertone On Mixed Trading
The Philadelphia market edged higher in the afternoon with a firmer undertone and a sharp New York rally. Volume rose slightly led by Alkali common at 24 402 and scarce trading in United Gas, Electric issues, and Cambria Steel. The Readings, Jersey Central revival, and Pennsylvania activity drew attention as investors weighed dividends and consolidation challenges.
MENTIONED IN THIS ARTICLE
New York
United Gas
Philadelphia Electric
Marsden
Electric Company of America
Cambria Steel
Asphalt of America
Pennsylvania
Memphis
Division of Commissions Questioned by Broker cites changes
Evans R. Dick of Dick Bros. & Co. argues Philadelphia exchanges curb outside brokers by limiting commissions. He says this chokes outside business, driving traders toward New York with lower costs, and urges a uniform commission basis to encourage trading and reduce costs for investors.
MENTIONED IN THIS ARTICLE
Evans R. Dick
Dick Bros. & Co
Philadelphia Stock Exchange
Newark
Philadelphia
New York
Bankers Track Secretary Plan as Markets Show Tightening Signals
Banks wait for the Secretaries plan on tracing securities movements while some lenders withhold details. Call loans rise to 5 percent amid a hardening money market. Deposits for transfer to the West and South exceed 450000, with week transfers to the Sub Treas ury reaching 1875000. Bank clearings for the period show large year over year gains. The Comptroller approves several new national bank charters including in Havre Montana and Clayton New Mexico with capitals from 25000 to 50000.
MENTIONED IN THIS ARTICLE
Ohi
First National Bank
Havre
Montana
Capital
Mountain View
Oklahoma Territory
Clayton
New Mexico
The
National Bank
Fayetteville
North Carolina
Alvord
Texas
Tal
Bernardo National Bee
Foreign financial news and market movements summary
Paris sold Rio Tinto shares in London pushing prices to 55 percent. Gold premiums listed for Buenos Ayres Madrid Lisbon Rome. Berlin quotes exchange on London at 20 marks 48 pfennigs. discount rates show short bills eight percent. Reports note weak Spanish tours Argentines and locals, with a late partial recovery and London treasury bill tender plans.
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London
Buenos Ayres
Madrid
Lisbon
Rome
Berlin
Exchange
Treasury
Bank of England
Honda
Wiy News
Featu
Ork
Gra
Ex-Sheriff Crow suit dismissed in Common Pleas No 2
After argument before the full bench, the city's demurrer to Ex-Sheriff Alexander Crow Jr's claim for 840 dollars was dismissed and judgment entered for the plaintiff. The case involved issues from prior imprisonment and related proceedings.
MENTIONED IN THIS ARTICLE
Common Pleas Court No. 2
Alexander Crow, Jr
Prices of Oil In OL City Pennsylvania December 5
Credit balances show $1.07 with certificates closed at $1.08% bid for cash oil. The text lists averages and par values with unclear figures but indicates market activity in OL City.
MENTIONED IN THIS ARTICLE
Standard Oil
OL City
Dividends Declared by Multiple Companies This Quarter
Pennsylvania and Northwestern Railroad declares 2 percent dividends payable January 10. American Beet Sugar Company pays 1.44 percent on preferred stock. Finance Company of Pennsylvania offers $1.50 per first preferred share payable January 2. Atchison Topeka and Santa Fe Railroad comp declares 2.4 percent semi annual on preferred. Commercial Cable Company issues regular quarterly 4 percent and a 1 percent bonus payable February 2. Maryland Coal Company pays 2 percent on preferred and 1 percent extra on common payable December 31. Rubber Goods Manufacturing Company distributes 1 percent on preferred and 0.7 percent on common. Preferred dividends payable December 16. common payments pending.
MENTIONED IN THIS ARTICLE
American Beet Sugar Company
Atchison, Topeka and Santa Fe Railroad
Maryland Coal Company
Rubber’ Goods Manufacturing Company
New Companies Chartered in Pennsylvania and Delaware
Pennsylvania at Harrisburg on December 5 chartered the Stoneman Coal Company of Philadelphia with $100,000 capital. Delaware at Dover on December 6 incorporated The Carey, Boyne & Cane Company of Bal Md with $500 capital.
MENTIONED IN THIS ARTICLE
Pennsylvania
Harrisburg
Stoneman Coal Company
Philadelphia
Capital
Dover
Carey, Boyne & Cane Company
Bal . Md
Memphis
Adjudications in Several Estates Pass in Orphans' Court
Judge Ashman distributed 23654.20 from Mary HK Macomb estate. Judge Penrose directed 83900.74 for Leonard J Riley estate. Judge Shallcross received 38214.16 from Harvey Q Shallcross estate. Judge Ferguson settled W Lehman Roberts estate with 35383.06 and William J McIntyre estate 46576.44 and Georgianna Sharp estate 45046.43. incomplete Ko vous Grote estate cranks.
MENTIONED IN THIS ARTICLE
Ashman
Orphans’ Court
Mary HK. Macomb
Penrose
Leonard J. Riley
William Shallcross
Harvey Q. Shallcross
Ferguson
W. Lehman Roberts
William J. McIntyre
Georgianna Sharp
John Ko Vous Grote
Wes Cranks
Pleased With Gage's Report Sparks Financial Buzz
December remarks from Secretary Gage elicit praise in financial circles. A financier notes optimism about the American loan market and European tensions shaping confidence amid the fiscal outlook.
MENTIONED IN THIS ARTICLE
Berlin
Gage
Europe
Bertin
Peepee
Soanti
Auction Yields Stocks and Bonds From Philadelphia and Pittsburgh
A local auction conducted by Barnes and Lofland sold various stocks and bonds including City of Philadelphia six percent issues, National Bank of Philadelphia shares, The Wire Glass Company, and Colonial Trust properties. The sale listed par values and December timing with multiple city and bank holdings highlighted.
MENTIONED IN THIS ARTICLE
State of Pennsylvania
Gms
Spa
Eewess
Pittsburg
City of Philadelphia
Fidelity Insurance, Trust and Safe
Wire Glass Company
First National
National Bank of Philadelphia
Abares Farmers and Mechanics
Messrs. Barnes & Lofiand
IBIS
Edee Vessess Staces
Chidt Dmf
Crms
Sarge ci Cavababeastacs
Palladelphia
Trost
Aed
Einen “and Mechanics
Saad Esas
TBI
Colonial Prastany
Chestnut Street
Pennsylvania Saetentering
Bankruptcy Filings Reported in Canates District Court
Yesterday in the Canates District Court two voluntary bankruptcies were recorded. Uto Swoyer of Apecore Pennsylvania and Hiram G. Scudder of Philadelphia were discharged as James 2. Genes at Riee a bees.
MENTIONED IN THIS ARTICLE
Pankruptcy
Canates District Court
Uto Swoyer
Apecore
Hiram G. Scudder
Reading Not After Jersey Central Rail Rivalry Stays Firm
The Central Railroad of New Jersey will not become Reading Railway possession as the Reading cannot take control due to constitutional constraints. Rumors of Jersey Central stock moves and lease talks with Baltimore and Ohio are denied by leaders, while Reading plans expand with 1000 pressed steel cars and 45 locomotives ordered. President Cassatt extends Pennsylvania pension jurisdiction to Allegheny Valley and Western New York workers.
MENTIONED IN THIS ARTICLE
Central Railroad of
New Jersey
Reading Railway
Reading
Central
Jersey Central
Bound Brook
Jersey City
Lne
Baltimore and Ohio
Washington
Baltimore
Harris
J. R. Maxwell
Hia
New York
B. and
J. Rogers Maxwell
Jersey Central Railroad
Philadelphia and Reading Railway
TIMES
Pennsylvania
Long Island Railroad
Baldwin Locomotive Works
American Car Building Company
A. J. Cassatt
The
Pension Department
Pennsylvania Railroad Company
Allegheny Valley
Buffalo and Allegheny
Philadelphia and Erie
unintelligible OCR fragment with names on Chestnut Street
The readable text lists several personal names such as Geo. H. McFadden Henry Tatnall Ieane H. Slottiter and others followed by partial street references on Chestnut Streets, suggesting a damaged civic or directory snippet without a clear event or action.
MENTIONED IN THIS ARTICLE
Iers
Geo. H. McFadden
Henry Tatnall
Ieane H. Slottiter
Ohn
Sim
Hutchinsemy
Owiah M. Bacon
DeWitt T Caylee
Real estate developments and auctions in Philadelphia area
Builders across Philadelphia plan mansions at Longport and Oak Lane with modern amenities. Auctions list multiple dwellings and 75 acre farm parcels with explicit sale sites and prices. Local properties along Broad Street and South Street change hands, with manufacturing and warehouse improvements under way. Castles Kenilworth offer reader giveaway.
MENTIONED IN THIS ARTICLE
Caldwell & Simon
Walnut Street
William J. Donaldson
Longport
Clement D. Lloyd
Oak Lane
Collins & Autenreith
George L. Sipps
Delaware Avenue
Fairmount Avenue
Thomas H. Powers
Philip Halback
Rieger & Gretz
Lawrence and
Oxford Streets
K. W. Peuckert
M. Thomas & Sons
Philadelphia House
North Fifth Street
North Broad Street
Protectory Station
Montgomery County
South Broad Street
Moore Street
Castle Street
Fat Terrace
Mantua Avenue
Thirty-fifth
Twenty-third
South Twenty-third Street
Jackson Street
George Watkinson
Schuylkill Avenue
Reed Street
Charles J
Heckler
Deacon Street
Wissahickon Avenue
Edwin Detarble
J. A. Freeman's Sons
Philadelph
Wharton Street
Brown
Gorden Streets
Kimball Street
Fourth Avenue
Johnson Avenue
I Pa
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Amer
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Tri
AMY Wey Axl Re
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Beeekeye
Consolidated Gas
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TOM
Eneraseses
Ea & Pitts
H R
H. R
Tee
Cley
St. Peter Bros. & Henderson
South Fourth Street
Philadelphia Hooo
San An
N.Y Gas
Bla
Etek
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Norfolk & Wes
Con
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Ulster & Dela
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Prefe
ee +P. & Ist
Norristown
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Naetmek
Central Ga. 24 Inc
Hooking Valley
Ae & EB. Inc
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Howard M. Swab
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Stock Exchange
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Grand Island
Peng Ta Ae Ape Teeing
el Gorgge Menon
Adv
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National Asphalt
Asof
Ntl
Trenton
San Peice
Girard Trust Company
B. Morris
N. Ely
X A. Jackson
Charles J. Eee
Edward
Agpe Iu Ea Geo
Cker Bispham
MA Fffingham
B. Mori
John A. Brown
Benjamin W Richa
John BR. Garrett
William H. Jenks
William H. Gaw
Francis I. Gowen
N. E. Cor. Broas
BEN J. H. Gaskill & CO Bankers and Brokers
N. W. Cor
5Th and Chestnut Sts
Tynvestment
Seena F
W. H. Cole, Jr
Real Estate World
Allegheny Avenue
Thirty-fifth Street
John Wilcox
Michael Murphy
Bouvier
Robert L. Givin
Ludwig F. Klein
Chadwick Street
Ann McGlinchey
Christian Peiffer
Daly Street
Joseph McGlathery
Ella C. Springer
Delmar Street
Harold Wiseman
Edwin D. Ewen
Eighth Street
West Side
Dauphin
John H. Hughes
Peter P. O'Neill
Erdick
Erdrick
Thomas Willard
Michael McDermott
Fiftty-sixth
Clifford Pemberton, Jr
Belle Greenwood
Fifteenth Street
Mane
Martin Lowry
James Jones
Ene
Green Lane
Sarah F. Riley
William H. Lash
Hantt Street
North Side
Joshua M
Holmes
Martha Fisher
Sins Hope Cohocksink Mutual B. L. Association
John Paulson
Oreaches
T. Pleasant
Northwest
Southwest Mary
R.ore Grate
Esiecker
Fon Teil
Historic
Castile
Kenilworth