Heavy Stock Market Slump Amid Broad Realization Pressure
In New York trading December 23, heavy selling dominated as bears pressed prices on many issues including Tennessee Coal, Brooklyn Transit, and People's Gas. Sugar and other leaders fell, but some gains appeared in Leather preferred and various rails. money market loans ran below legal rate near year end.
MENTIONED IN THIS ARTICLE
the Times
New York
Tennessee Coal
Brooklyn
People’s Gas
Burlington and Steel and Wire
Market Highlights Show Strength in Philadelphia Trading
The Philadelphia market shows undercurrent strength with insiders and friends as major buyers. United Gas leads activity with nearly 4,000 shares traded and a close near 127 after ex dividend. Philadelphia Electric and Asphalt Issues rise on city lighting and paving contracts while Pennsylvania Steel remains strong.
MENTIONED IN THIS ARTICLE
United Gas
New York
Philadelphia Electric
Pennsylvania Steel
Pennsylvania
Maryland
Cambria Steel
Fpr
Pennsylvania Railroad
Lehigh Valley
France Eyes U S Coal To Fill Shortfall
Agent Efere May seeks a government order for 200000 tons as France grapples with a 10000000 ton annual deficit and leans on the United States. F K Mellwayne, Paris based chamber official, travels to place the purchase amid railroad needs and price worries.
MENTIONED IN THIS ARTICLE
Efere
France
England
United States
F. K. Mellwayne
Cy Ae Paris
Harra Ut
Senaement
Indus
Mr. Mell
New York Bond Market Sees Strong Demand and Large Blocks Traded
The New York bond and stock scene experienced heavy buying with 5,000 share blocks of Penn Central and American Steel and Wire selling in rapid succession. Bank deposits rose as holiday withdrawals return, and ongoing treasury operations boost cash reserves. Northern Pacific voting trust certificates will be replaced on January 1, with new stock certificates reflecting substantial preferred and common shares. Call money remained light at 4 to 4.5 percent while time money advanced to 4.5 to 5 percent amid a waning primary market before year end.
MENTIONED IN THIS ARTICLE
London
Denver
Reading
St. Paul
Northern Pacific
New York
Union Pacific
Milwaukee
Sugar
People’s Gas
Burlington
Consolidated Gas and Rubber
Texas Pacific
Rock Island
Atchison
Northwestern
Southern Pacific
Trunk Line
Glucose
Pennates
American Steel and Wire
Northern Pacific Railroad
Vade
Amoun Bara Game Fem E Su Treasury
American Steel and Wire Company
Stock Exchange
Great Western
de Wet
Dividends Declared by Several Firms Across Industries
The Texas Pacific Coal Company Brooklyn firm declares 1 percent dividend payable January 23. Delaware, Lackawanna and Western Railroad posts regular 1 percent quarterly. Wabash approves 8 percent on debenture A bonds. Binghamton General Electric lists January 10 payment. American Ice Company of New York sets regu lar payment. Mononghela River Consolidated Coal Company issues preferred 8 percent dividend dated mid January. Montana Ore Purchasing Company maintains regular dividend, plus semiannual and annual distributions on preferred and common stock. J B Stetson & Co outlines semiannual and extra dividends on favored shares with January 9 payment slated.
MENTIONED IN THIS ARTICLE
Mil
Paul U
Lst So. Minn
St. Manhattan Rwy
Becacsees
C., Co
G. m. Ds
Indianay- mi
St. An
Cotton
T. Lst
San An
A. P
Col
Sar
South
Mid
Pacific
Ann Arbor
Dlot
Tim Wee
Atchison General
Wes
Sehen
Renee
Peneeestee
Deny
Geateers
Eaewes
den & RG G. Ds
Stand
Eweeee
Mo. I Ae
Det
Mackinac Oe Tex
N. C. Con
Ve Dai Trust
Texas & P
Third Ave
Atchison Adj
Aee Monte & Ohio Gen
Erie
Erie Prior
Ween Bsy
Sat
Morris & L
Nat Starch Man. Co
A. S
Rene
Pitisba
Rio Gr
N.yc
St. le
Central Br. U. P
Galbat
San “Ant
Gas
E. L
Central Ga
N. Y
Susq
Han
St. J
West
Pac
Pri
Sit Tilmots
G. N
Central G. Line
Kansas City
W. N.Y
Pa. G
All West
Annes Louisy
Nashville Col- Pacific Coast
Central Pacific
Louis
LO Ches
Ohio
Satundag Chic
Wheeling Lake
Nee - Leeds
St. Rwy
Bar
Quincy
Lake Erie
Duluth
Texas Pacific Coal Company
New York
J. B. Stetson & Co
Wena
Prices of Oil at Gat Detene December 98
Credit balances for Gat Detene show oil bids and sales with cash bids around 1.22 per barrel. The text reports averages and barrel counts, noting declines and fluctuations in December 98.
Judgement Entered Against George W Dittman
Frederick Feil obtained a judgment against George W Dittman in a case filed in 1897 with entry dated 11, 1897. The record notes a Bere district location and court action completing the judgment.
MENTIONED IN THIS ARTICLE
Frederick Feil
George W. Dittman
Bank Clearings Rise Across Cities in Early 1900s Figures
The Comptroller grants a certificate to First National Mountain View Oklahoma and Alliance National Bank Alliance Nebraska. Bank clearings yesterday topped prior year levels with substantial gains while New York Clearing House checks reached a record 364 013 200, outpacing November 20 1900.
MENTIONED IN THIS ARTICLE
First National
Mountain Y
Oklahoma
Alliance National Bank Allliance
Nebraska
Alliance
New York Clearing House
Fargs
New Companies Chartered in Delaware and Nearby States
Dover announces new incorporations including The Windsor Hills Club Company of Baltimore and The Caleveras Ditch Company with $2,000,000 capital from Trenton. Reading, New Jersey based Americaneatch Company also appears amid filings dated December 28. The ventures cover water supply and other utilities for agricultural and mining use.
MENTIONED IN THIS ARTICLE
Dover
Del
Windsor Hills Club Company
Baltimore
Pre Americaneatch Company
Reading
New Jersey
Caleveras Ditch Company
Trenton
N. J
Reading power brokers and market chatter on railroads
Gossip notes Powell named claim agent for Reading Delaware and Mudsbe with dividend rumors. Mexican Central and Atchison activity. New York Central St Paul and Sugar shares trading near 148. Erie net declines and treasury balances cited. Morgan-linked moves and Pecos Northwestern deal hinted.
MENTIONED IN THIS ARTICLE
New York
Eminent Career of William F. Harrity
William F. Harrity born October 19, 1850 in Wilmington Delaware. He became Postmaster of Philadelphia for four years and served as Secretary of State under Governor Pattison. He organized the Equitable Trust Company in 1890 and served as its first president.
MENTIONED IN THIS ARTICLE
Equitable Trust Company
Wilmington, del
Pattison
William F. Harrity
Wilmington
Del
St. Mary's College
Wilminy
la Salle College
Masorts
Lewis C. Cassidy
Pierce Archer
James Gay Gordon
Philadelphia
Harrity
American
London Bank Withdrawals and Treasury Bill Demand
Foreign financial reports from London and Berlin on December 28 show Bank of England bullion withdrawals at £50,000 and Treasury bill applications totaling £9,00,000. Berlin notes exchange rates, discount rates, and tender allocations, while London market closes with firm stocks and expectations of easier money at year end.
MENTIONED IN THIS ARTICLE
London
Bank of England
Berlin
de Wet
Steamship Homeric Released in Miami Amid Deluge Reports
December 28 reports the British ship Homeric released amid a heavy Miami flood. The ship suffered damage during a voyage and faced delays caused by the deluge, with crews working to assess the situation and restore normal operations.
MENTIONED IN THIS ARTICLE
Miami
Fila
Telegraph Cable Damage Case Against Bark Anita Berwind
The Compagnie Francaise des Cables Telegraphiques sues the bark Anita Berwind of Philadelphia for damages after an anchor fouled and possibly cut a telegraph cable near Port au Prince in November 1806. Lawyers for both sides argued before Judge McPherson with a decision to be issued later.
MENTIONED IN THIS ARTICLE
Compagnie Francaise Des Cables Telegraphiques
Anita Berwind
Philadelphia
McPherson
United States District Court
Port-au-Prince
Hayti
J. Warren Coulston
Edward Stephens
New York
Telegraph Company
Curtis Tilton
Martin & Co. dye works faces involuntary bankruptcy
Creditors petition the United States District Court to wind up Thomas J. Martin Edwin Martin and William L. Martin trading as James Martin & Co operating a dye works at Richmond and Tioga streets. Petitioning creditors include H. W. Butterworth Sons Company with 4841 dollars claim and Central National Bank with 41 dollars. Receivers William Jackson and Benjamin Githens were appointed by Judge McPherson.
MENTIONED IN THIS ARTICLE
United States District Court
Thomas J. Martin
Edwin Martin
William L. Martin
James Martin & Co
Richmond
Tioga Streets
H. W. Butterworth Sons Company
Corn Exchange National Bank
The
Central National Bank
William Jackson
Benjamin Githens
McPherson
Singerly Estate Sued to Recover 626 906 42 and Interest
Robert Wetherill and Co. filed suit in the Common Pleas against James McCartney as administrator of the William Singerly estate seeking 626 906 42 plus interest. The action arises from eighteen bills of exchange drawn on Rich G Oellers between October 3 1897 and February 17 1908 delivered for value, payment refused after Singerly's death on February 27 1908.
MENTIONED IN THIS ARTICLE
Robert Wetherill & Co
James 8
McCartney
William 8. Singerly
Common Pleas Court
Singerly
Rich
G. Oellers
Sinery
Me Samill
Bankruptcy Filings Against Miller & Lee Partners in Pa Court
Creditors filed petitions in the United States District Court for voluntary bankruptcy against Benjamin M. Miller and Michael Tevelovitz trading as Miller & Lee of Doylestown Pa. Individuals Anck and Samuel Kleinder of Philadelphia were named in various voluntary bankruptcy adjudications with liabilities and assets noted for several entities. Michael E. Horan and Hubert J. Horan, formerly operating as Thomas Horan & Son of Philadelphia, were discharged as voluntary bankrupts in the same court.
MENTIONED IN THIS ARTICLE
United States District Court
Benjamin M. Miller
Michael Tevelovitz
Miller & Lee
Doylestown
Anck
Philadelphia
Samuel Kleinder
Poet
Bethlehem
Michael E. Horan
Hubert J. “Horan
Thomas Horan
Also Mentioned on This Page
ST. Paul & Q
Wall Street
DeHaven & Townsend
Stock Commission Brokers
Chestnut Street
Likeh Sre
America
North
Ee mM
Pete
Provident
Sethe
Philade' Traction
Railway C
Ompany General
Do. Tat Preferred Trust Ctfs
United Ee
Wit
Arwiek Iron & Steel
William Cree & Ship Building O
Tennessee
Rabbe
Staees
Lehigh
Vaile
NH. Steel
U. Gas
C. al
Minas Gas
T c
U. Gas Im
Union
B. T
Ae M
Lehigh al
Union Trac
Beth. Steel
Iron
Labia
Iron & St
Seevere
Eeaee Sir
Pon Vt
Norf
Steel
A. M
Marsden
T. Pitts
N. Steel
Sekting Cs
U- Gas
Exee
Moon
Ins Co
Lehigh Va Valley
U_ Gas
Exead
Bs Union Va
Elec
Ns. Co
Lehiz Valley
Pose Steel
Marsden Wees
Lehi Valley
Aetoet
Ins
Ead
B. Steel
Gloucester Ferry Company
Frst
Bt Wg
Asiethet
Reading General
Welsbach 1
Penns
Maryland Steel Rectakisc
United Bains
Weise Eeevsens
Southern Railway
Maryland Steek
Maryland Steel
United Rallwa Ae Io
Penna
Philadebia Lectric Ss St
D. Terete
Eaee
Seaenee
Laie Valley
United Railway
T. c. Etna Ean
Chester Ion
W. N
Newburger Bros. & Henderson
South Fourth Street
Atlantic City
Phila. Wim
Choctaw General Mortgage Ewes
River
United Co. of
Tanigh Valley
Nesauehoning Valley
Newark Gases
Norristons - Lles
Palmetto
Orthern
General
Fae Pan
Ark Aasenger
Phila. & Se
Gaited
Nora H
Delaware, Lackawanna and Western Railroad
Wabash
Binghamton General Electric Company
Boston
American Ice Company of
Monongshela “River Consolidated Coal and Company
Cent
Montana Ore Purchasing Company
Delaware
Delliven & Townsend
Stock Commission
National Steel
N.Y
És Central
St. L. Im
Ind
Great -W
Cl., Lor. & Wheel
Southern Paciic Southern
Dela, & Hudson
Pel, B&w
Deny. & Rio Gr
Texas Pacifier
Union P. Erie & Lst —S
Sky
Oo. S. Wathe
Federal Steel
Aes
Ibber
Hock
Do. Pre
Tilindis Central
Hocking Tents & 1. Oy
Western Andors
Internat
Watees “Ouves
Eeetee
TR Wheel, & L. Er
Iowa Ay
Esmees SM
Wistomsis Central
Jersey Pcentral
di Ae
George K. Powell
Delaware and
Mudsbe
Erie Railroad
and Gulf Railroad
New York Exchange
B. Bacon
Morgan
Robert HB
Balas Orn Et Teystone
the Express Company
Salem We
Pecos and Northwestern Railroad
Ewe Tee
United Tes Leather
States Rubber
American Steel
Erie Railroad Company
Ee Jagan Mame
Railroad
Gasette
Sethella
United States Treasury
General Fund
United
Treasury
Bar Association
Association of Philadelphia
Th Club
Art Catholic Club Pilubs
New the Yean
York
Foreign Financial News
Illinois Central
Iaville
Pac. Rand
Newburger Bros
Henderson
United Ratt
Consolidated Gas
Alabama Common Co
Georgia
Carolina
Northern
Snc
Exchan R. U
Bow
Anita
Berwind
Singerly Estate
Bankruptcy Matters
GEO. A. Huhn & Sons
Bullitt Building
S. Fourta ST
Chicas
Tae Wires Sr
Wssn
Our
Philadeb
DE Haven & Townsend
Chestnut Sr
Wall
Benj. H. Gasaill & CO Bankers and Brokers
N. W. Cor
Chestnut Sts
W. H. Cole, Jr
Eroier
Nat St
Francis M. Wioleere
Philade Foc
Drexel Bldg Mining Oe Tai Mon Re
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