Bank to Expand Hide and Leather National Bank Move
Special to The Philadelphia Times New York May 31 The Hide and Leather National Bank plans a major expansion moving into the front rank of national banks in New York City It seeks to raise capital from 5000000 to 5000000 or up to 10000000 and to boost deposits from 4000000 to 30000000 Large stock transfers to individuals suggest new interests with no plan to merge Deposits are expected to rise significantly while about half the current board may resign to allow new representation.
MENTIONED IN THIS ARTICLE
Philadelphia
Tims
New York
Hide and Leather National Bank
New Companies Chartered in May Across Several States
In May 81 archival notices list health, mining, milling, woolen, and petroleum firms filing incorporation certificates. Names include Health Protective Association Wilmington and Cube Mining and Milling Chicago with capitals from 30 000 to 1 000 000 dollars. Maryland and Delaware entities appear alongside others in a regional charter surge.
MENTIONED IN THIS ARTICLE
The
Health Protective Association
Wilmington
Del
Josiah Marvel
Andrew Marvel
William M. Lupton
Capital
Southern Reduction Company
Chicago
Cube Mining and Milling Company
Ill
Scotland Woolen Mills Company
Capital Stock
Petroleum Developing Company
Baltimore
Washington
D. C
Georgetown Water Company
Georgetown
Maryland Meter Company
Mal
Treasury balances report shows funds and receipts totals
Washington May 31 state ment of the Treasury balances in the general fund excludes the gold reserve. Available cash 195,470,222. gold 96,588,208. silver 21,748,245. United States notes 8,276,008. Treasury notes 106,770. national bank notes 9,143,665. Total receipts today 3,483,953. this month 49,500,449. this year 513,727,719. Expenditures today 992,000. this month 38,702,000. this year 437,226,000. Deposits in national banks 126,003,504. National bank notes redeemed 1,600,787. internal revenue 1,928,100. customs 882,981. miscellaneous 672,271. expenditures 992,000.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Redempt An
United States
National Bank
National Nks
Wool auction sales close in London third series report
The third series of wool auction sales closed with a fair turnout and steady prices. Merinos and crossbreds led gains with early rises of up to 10 percent, while overall demand remained strong. 244000 bales catalogued, 215000 held over, 107000 bought by the continent. Additional details show regional allocations for New South Wales and Queensland with varied rates and grades.
MENTIONED IN THIS ARTICLE
London
New South Wales
Queensland
Australia
Punta Arenas
Holiday closures leave markets without fresh quotes
Holiday closures across major exchanges limit new quotations to a few domestic grain and produce trades and foreign securities. The report provides Thursday end-of-day prices from Philadelphia and New York markets including numerous rails and industrials.
MENTIONED IN THIS ARTICLE
Philadelphia
New York
Wall Street Quiet as Exchanges Close Again
The New York Times reports that all local exchanges were closed and little business occurred in Wall Street except bank offices. Some uptown stock offices remained open for London traders, while cables showed a quiet but firm London market with minor changes in American shares.
MENTIONED IN THIS ARTICLE
Wall Street
Stock Exchange
London
Bank clearings by city show gains and declines week to week
A Bradstreet compiled table lists bank clearings for principal cities for the week ended May 28, comparing percentages of increase or decline with the same week last year. The report highlights regional performance and shifts in banking activity across major markets.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
New York Banks See Mixed Week On Surplus and Loans
The Associated Banks week to May 31 shows surplus reserve down 2.27 million and loans up 15.1 million while deposits rise 16.58 million and specie increases 1.16 million. The New York Financier notes a 1.77 million cash gain but 1.12 million under the prior estimate due to timing of cash movements around a holiday.
MENTIONED IN THIS ARTICLE
New York
New York Associated Banks
Banking weekly report shows loan rise and deposit growth
The report notes loans up $15,109,300 amid likely domestic contracts and dividend preparations while deposits increase $16,575,400. Reserve requirements rise $4,143,850 with a $2,872,450 drop in surplus reserves. Weekly bank clearings fall by about $23,000,000 versus six days, despite eleven banks posting net loan gains.
MENTIONED IN THIS ARTICLE
Europe
Stock Exchange
Money on Call and Exchange Rates Reported in New York
New York May 31 Money on call quoted due to holiday shows easing access for borrowers 4 percent for thirty days to four months and 41/4 to 4 1/2 percent for longer terms Mercantile paper volume up with some names offered Demand not broad Call money in London 2 1/4 to 2 1/2 percent Berlin and Frankfurt rates mixed Gold taken into Bank of England 12 000 pounds Exports of specie from New York week ending today 7 163 gold and 503 915 silver Imports of specie 15 197 gold 18 541 silver Imported dry goods and general merchandise 9 14 078 Bar silver in London steady Yes terday New York price for commercial bars unchanged at 9 _ 2 5 cents Government assay bars Mexican dollars unchanged
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
London
Bank of England
Berlin
Frankfort
Vienna
Sige
Ae Adige
New York Market Receipts Mixed for Cattle and Hogs
May 31 market report shows beef and veal activity steady to weak in New York with 483 beeves reported, calves little traded, and sheep and lambs at steady to slow demand. Cattle prices range to 6.60 per hundredweight, hogs softer, and regional quotes list varied totals across Cincinnati East Buffalo and Kansas City markets.
MENTIONED IN THIS ARTICLE
New York
LLC
Cincinnati
East Buffalo
N. Y
Kansas City
Texas
Fanenev
East Liberty
Cotton receipts at all ports total 7 374 473 bales since September 1 2001
New York May 31 total net receipts across ports list Galveston to Portland with Boston Portland and nearby points yielding 7 374 473 bales since September 1 2001. Figures include New Orleans 2 194 535 bales and Savannah 1 102 247 bales among others. Also reports Minneapolis prices and Merchants Trust Co dividend details follow.
MENTIONED IN THIS ARTICLE
New York
Galveston
New Orleans
Mobile
Savannah
Charleston
Wilmington
Norfolk
Baltimore
Boston
Newport News
Philadelphia
Vancouver
Brunswick
Fernandina
Pensacola
Port Arthur
Port Townsend
San Francisco
Portland
Ore
Pe Paso
Eagle Pass
Edge
Laredo
T Sports
Eeeee Co
Tacos
Esse Deere
Great Co
European stock markets calm on peace outlook and gains
London markets price in a likely peace, with South African miners and Chartered Company shares soaring. Paris quotes firm on favorable settlement, while rails and Canadian Pacific rise slowly amid cautious New York watching. Commodity and food prices show mixed but steady moves as refiners price sugars and dairy hold.
MENTIONED IN THIS ARTICLE
Philadelphia Times
French Telegraph
New York Times
London
Rand
Chartered Company
New York
Wall Street
Grand Trunics
Canadian Pacific
Canada
Paris
Rio Tintos
de Beers
South Africa
International Markets Share Mixed Moves In Berlin Trading
In Berlin on May 31 internationals held firm with banks opening cool then turning fragile. Australian credit shares weakened amid Austrian Premier concessions on the Ausgleich talks with Hungary. Mines eased on realizations while Canadian facilities and Transvaal certificates stayed firm.
MENTIONED IN THIS ARTICLE
Berlin
Hungary
Transvaal
London bullion and gold premiums report May dates
The report records bullion on balance at the Bank of England amounting to £12000. It also lists international gold premiums for Buenos Ayres Madrid Lisbon Rome and Paris with varied franc and mark exchange figures and discount rates for short and three month bills.
MENTIONED IN THIS ARTICLE
London
Buenos Ayres
Madrid
Lisbon
Rome
Market Report Wheat and Flour Quiet on Holiday Trade
Receipts totaled 18 797 bushels of wheat and 3 005 barrels of flour with 2 108 sacks. Prices remained steady under light demand as exports moved on private terms. No 2 red and No 2 yellow wheat shown in limited car lots with modest activity. Oats and rye flour markets eased little, with steady to unchanged quotes and small stock availability.
MENTIONED IN THIS ARTICLE
AttiaSte
Pennsylvania
Delaware
Nho
Posner
Syeed
Mess Pork
Onc
Cevccess
BRM
St.shat
May grain markets swing as Patten corners oats end week
Chicago grain prices show bear dominance with corn and July wheat falling while May oats end the week unusually firm after James A. Patten’s successful May oats corner. Reports note heavy receipts, bearish sentiment, and limited support amid prospects of small world shipments and rain in the Southwest.
MENTIONED IN THIS ARTICLE
Chicago
Bear Dominion
Minneapolis
Duluth
Seaboard
James A. Patten
Patten
Million in May oats profits from Chicago corner
Mayor James A. Patten of Evanston and a Chicago Board of Trade operator closed a May oats corner that dominated the market since last fall. Estimated profits approach nearly 1 million dollars as delivery day passed and speculators exited the position.
MENTIONED IN THIS ARTICLE
Chicago
James A. Patten
Evanston
Board of Trade
Patten
Mr. Patten
Chicago Board
Also Mentioned on This Page
Financial
Price Stoce
Eastern Consolidated Oil Co
West
L. E. Pike & Co, State Trust Bldg
Hartford
Springfield
Hide and Leather National
Dover
New Philippine Trading Company
Trenton
Philippine Oriental Trading and Development Company
Philippine Islands
China
John Partridge
Harrisburg
State Department
Bell Telephone Company
United Gas Improvement Company
U. S. Treasury
London Wool Market
Ask
Regia
Anny
L.V. Coal
L.v.rg
Schuyl
Norristown
Penna
R.E.S
Cos
N.J
Am. Siem
Pte
N.B. Ie
Phil
Penn, Steel
Canal
Phila, Co
Sus
Tiden
United Gas
Welsbach
War
Am. Rwys
Pas
Tr. N
Pitts
East Con
United
Rys
Atchison
OSS
Nay Co
Biscuit
Balt & C
Nort. W
Omaha
Pac Mall
St. C
C & Lb
Ches. & O
Pacific
Tex. & Pac
Bia
Kan
We & Ll
NEW York Times’ Review
the Times
PC Ine
Seren Neene
Philadelpbi
Mt. Low
Pittsburg
Cleveland
Detroit
Louisville
Indianapolis
Providence
Wee
Milwaukee
Buffalo
Denver
Pat
Salt Lake Ct
Beattle
Sterling Exchange
Reichsmarks
Wal
Guilders
AER
France
Poaroe
Switzerland
Belgium
Germany
Reichsevarks
Ng Septenbes
Merchants’ Trust Co
Merchants’ Treat Co Yesterda
European Stock Markets
Bourse
Timothy
Igalte
Tierces
Ben Davis
St. Michaels
California
Florida
Havana
North Carolina
Peaches
Georgia
Eastern Shore
Southern
Ceterv
N.Y
Ohio
Rio Grande
Louis
Nash
Central
Western
Ontario
Southern Railway
Southern Pacific
Union Pacific
Salata
Wahash
Boerse
Exchange
Black Tiger Copper
Eureka
Eureka Company
Grand Encampment
Wyoming
Federal Security CO
Dearborn St
Best Bank
OUR Information Department
Haicut
Freese
Walnut St
Philo
Arikee Ae
WM. E. Nichols & CO
Wall ST
Thunder Mountain
Idaho
Thunder Mountain Gold Mining Company
Golf Vein
Dewey Mines
W. A. Books
Brown Bros.’. Building
Fourth and
Chestnut Streets
AGE House
Philadelphia Stock Exchange
Seat Free
PLC
P.O
California & Texas Railway Construction CO
South Fifteenth Street
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!