New York Stock Exchange Week Ending May 31 Review
The NYSE report shows weekly totals for shares and bonds, with week to date figures and year over year comparisons. It lists stock groups by decline or advance, notable gainers including Am. Car & F. and Reading, and notable decliners such as Am. Copper and General Chemical, alongside collateral loan rates and commercial paper ranges.
MENTIONED IN THIS ARTICLE
Am. Car & F
Kana, & Mich
American Ice
Bly Keokuk & D. M
Am. B. & Tel
Ann Arbor
L Pullman Co Bkin
Union Gas
So. Ry
Ets
Twin City RB. T
Detroit City
Copperer
Gen. Chemical
North
Inter. Power
Amer
Tobacco
Erie & W
Naconda Copper
Manhattan Alto
Ohio
Met
St. Chi
G. W. Pf
Ind
L. Pf
Mil
St. P
Cleve
Lor
Pacife Mail
Col
South
Tees
Evans
T. H
Union Pacific. Co
Ss West
N.Y
Mali
Sm, & ii
North American
N . Gas
el. B
Green Bay
Hey . Mob
Mont. v. Se
Valley
St. L
Sige Gvcacocwcwths
Market forces point to higher prices on steady earnings
A New York Times review notes that general conditions point to higher market levels driven by strong earnings across Industrial and Railroad groups. It cites gains in April net income for railroads like St. Paul Union Pacific Reading and Erie and signals potential continued improvement as crop prospects brighten.
MENTIONED IN THIS ARTICLE
New York
the Times
Stock Exchange
United States Steel Corporation
Pressed Steel Car
Republic Iron and Steel
Virginia Chemical
General Electric
St. Paul
Union Pacific
Canadian Pacific
Erie
Illinois Central
Missouri Pacific
Northern Paciific
Wabash
Pennsylvania
BH. Harriman
James J. Hill
Marvin Hughitt
Roswell Miller
Chicago
Northwest
W. K. Vanderbilt
Weekly Stock Activity Mixed Amid Holidays and Rumors
Trading on the New York Stock Exchange slowed due to Friday and Saturday holidays, with 1,405,104 shares total and an average of 373,776 per day. Canadian Pacific and Reading led activity, each over 100,000 shares. Prices moved irregularly yet with a firm undertone fueled by coal stock support and strike‑adjustment rumors.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Canadian Pacific
Reading
Union Pacify
Southern Pacific
Amalgamated Copper
American Car & Foundry WO
St. Paul
Wisconsin Central
United States
Koerican + Ann
Interna
Money Market Notes on Boer War End and Wall Street Tactics
The New York Times reports last week showed abnormal money market conditions fading after a $100,000,000 corporate financing rush. Sterling exchange fell as foreign credit extended, with Boer War end and tax repeal moves reshaping British and American capital flows. Union Traction and Philadelphia stock activity draw attention as Widener Elkins interests again influence markets amid coal strikes and labor dynamics.
MENTIONED IN THIS ARTICLE
New York (Sunday) Times
England
Wall Street
London
Widener and
Elkins
Stock Exchange
Wrater
Asphalt
Union Traction
Chicago Street Railways
Petropolitan
New York
Baltimore Traction
New Jersey Traction
Pittsburg Traction
American and Continental Tobacco
Baltimore
Washington
Forral Conde
Hambleton & Co
Confidence of Capital in Face of Labor Strikes
The author argues that markets and coal stocks would remain firm despite strikes by anthracite coal miners and potential mine shutdowns. They claim public faith in financiers would turn any resulting damage into prosperity, noting confidence remains strong amid economic uncertainty.
MENTIONED IN THIS ARTICLE
Northern Pacific
City Live Stock Market Philadelphia receipts for week ending May 31
Philadelphia stock market report shows totals for Sheep Beef Cattle and lambs across West Philadelphia and North Penn yards. Cattle supplied from Pennsylvania with prices rising on medium and common grades. sheep and lambs plentiful with values easing. calves steady. dressed steers steady. Export cattle include steers and sheep for London Manchester and steamships Planet Neptune Eagle Point West Point.
MENTIONED IN THIS ARTICLE
West Philadelphia
North Penn
Ued
London
Minnesota
West Point
Eagle Point
Manchester
Planet Neptune
Pennsylvania
B. H. Cook
Ehaler
Ghale
Aecs Os
Steel Trust to Test Jersey Constitution
United States Steel Corporation seeks removal of a New York action from state court to federal court arguing the dispute centers on the New Jersey constitution. The case, filed last May by H. Venner Company and James Pollitz, targets a proposed 250 million dollar bond issue and 200 million dollars of preferred stock retirement, claimed to harm stockholders. The plaintiffs hold 700 shares and allege the plan is detrimental to stockholder interests and rests on a New Jersey law cited by the defendants.
MENTIONED IN THIS ARTICLE
Chestnut Street National Bank
Chestnut Street Trust
Singerly
James R. Keene
London
J. W P. Morgan
Wall Street
Keene
New York
Morgan
United States Steel Corporation
United States Circuit Court
Supreme Court of
State of
H. Venner Company
James Pollitz
Steel Corporation
New Jersey
Traction Companies Fail to Halt 1901 Taxes in Chicago
In Chicago Judge Tuley dismissed the injunction sought by the Chicago Union and Consolidated Traction Co. to stop tax collection for 1901 for want of quits. The court ordered $298,088 already deposited with the County Treasurer distributed. The decision ends the bid to restrain tax levies by the traction firms.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Union
Chicago Consolidated Traction Companies
Tuley
Cloverse Market Quietly Active in Toledo Trading
Special to THE PHILADELPHIA Times from Toledo Ohio May 31 reports clovers moderately active with closing prices cash 5.15 to 5.20 No 2 4.60.
MENTIONED IN THIS ARTICLE
Philadelphia Times
Toledo
Credit balances and oil movement hit figures in OL CITY report
Credit balances and movement of oil show totals of 80,194 barrels referenced in OL CITY May report. The fragment notes adjustments and figures tied to reserves and shipments, emphasizing contemporaneous trends in storage and flow.
MENTIONED IN THIS ARTICLE
OL City
Coorreseten
I Ovesnae
Heavy June Rain Wrecks Burlington Crops
A severe rainstorm hit Burlington Indiana causing substantial crop damage. Local estimates say rainfall between six and eight inches disrupted farms and residents report significant losses.
MENTIONED IN THIS ARTICLE
Burlington
European stock markets buoyed by peace prospects
London traders debate whether the postweek rise will hold after peace news. optimism is widespread though money is scarce and discount-house rates may rise. Berlin markets also rise on peace hopes, with German shares and bonds up amid Morgan syndicate talks. Manchester cloth trade slows after holidays as demand remains weak.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Ramer
Chill
Argentina
L Ines
Suit to test Ohio tax law filed in Franklin County
The suit challenges the Willis corporation tax law as unconstitutional arguing it imposes extra taxes on corporations already paying assessments. Plaintiffs include Southern Gum Company of Canton and about fifty Stark County firms with total capital stock around 11 million dollars. Judge Williams issued a temporary restraining order.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Willis Corporation
Franklin County
Southern Gum Company
Canton
Stark County
Williams
Book Company Is restrained from chartering in Kansas
An injunction issued by the district court at Topper Kansas restrains the American Book Company from doing business in the state and bars the Secretary of State from granting the company a charter. The company holds school book contracts formerly held by Crane Company which alleges anti trust law violations, prompting the injunction.
MENTIONED IN THIS ARTICLE
Kansas
Topper
Kan
American Book Company
Secretary of State
Crane Company
Crane
Baltimore and Ohio reorganizes freight traffic west of Baltimore
In Baltimore on June 1 the B and O announces a full reorganization of its freight traffic department west of Baltimore following its consolidation of offices after absorbing parallel lines. The order has been issued and will reach departments by tomorrow with several changes from the original plan.
MENTIONED IN THIS ARTICLE
Baltimore
Baltimore and Ohio Railroad
J. E. Ivraith
Rail shifts as Cleveland Terminal and Valley abolished
Dudley G. Gray becomes division freight agent at Columbus succeeding Mr Conatans as E Henderson moves to chief clerk duties in Pittsburg. O A Constans rises to division freight agent at Cleveland. Galbraith retires after long service. Gray’s promotion follows years in Columbus and Pittsburg with lines west of Bellaire to Shawnee and branches under Baltimore and Ohio.
MENTIONED IN THIS ARTICLE
Cleveland
Dudley G. Gray
General Freight Department
Pittsburg
Conatans
Columbus
DPD
E. Henderson
Kay
Galbraith
O. A. Constans
Mr. Galbraith
Baltimore and Ohio
Cuyahoga
Chicago Junction
Cleveland, Lorain and Wheeling
Cleveland Terminal and Valley
Summer Excursion Routes 1802 Published by Pennsylvania Railroad
The Pennsylvanian announces the Summer Excursion Routes for 1802 a 288 page handsome publication by the Pennsylvania Railroad Company. It is richly illustrated and details thousands of routes for travelers planning summer tours with full information on places to visit and travel options including Reading Railroad service to New York and the new ocean rate plan.
MENTIONED IN THIS ARTICLE
Penndylvania
Reading
New York
Also Mentioned on This Page
NEW York Times’ Review
Midaon
Rens City Southern
Min , B
S. S. Marte Preferred
Widener-Elkins-Dolan
Philadelphia
Amalgamated Ee
American Car & Foundry
American Telephone &Tel
Atchison, Top. & Santa
Baltimore & Ohio
Brooklyn Road Transit
Brooklyn Union Gas
Chesapeake & Ohio
Chicago & Alton
Chicago Great Western
Indianapolis & Louis v
Tilly Remm Co
Ilwaukee & St. Paul i
Stock Island & Pac
Chicago Union Traction
Colorado Fue
Lion
St RS Wit
Colorado Southern
TOR
Consolidated Gas
Continental Tobacco
Delaware Hudson
Detroit City Gas Eeevevevesl
Detroit Southern
Distilling Co. of America
Sly
Duluth
Atlantic
Evansville
Terre Haute
Fuller
Hocking Valley
Illinois Centrat
TAL | Oon
Kanawha & Mic
Kansas City Southern
Lake EE & West
SOO
ST St
Louisville & Nashville
Manhattan Bil
Tan St. Ry
Ca. S. K
Louis
S&s. S
Texas
R. KR
New York Air
Te & St. J
Western
Norfolk & Western ceSes
Ohi & Tava
Pullman
Ureter Oesee
The
Reading Co
Patieron & Steel
ST. Jos
St. 1
San
Neene Coal & In
Texas Pacific
St. Kana
Twin City Rapid Transit Co
Union Pacific Eee
Leduc
Tho
CAR
West
Paton
Westing
Etec
Ogee
Lake Brieste
City Live Stock Market
Chicago Corporation
Cloverseed Market
European Stock Markets
Berlin
Boerse
South Africa
Mitfog
Paris
Laura Company
Laura Com
Lloyd Lines
Morgan Syndicate
Muc
Hamburg American
Lioeyd
William
Herrlin
Manchester Cloth Market
Jane
China
Book Company
Merchants’ Trust Company
Charles P. Early
Joseph R. Rhoads
John F. Lewis
William B. Lane
Nicholas Brice
Chas. S. Hinchman
S. Davis Page
Edward S. Sayres
J. Bolton Winpenny
Warren G. Griffith
Frank W. Paul
Edgar Dudley Faries
Samuel Bancroft, Jr
Edward G. McCollin
Alfred J. Phillips
Geo. M. Wagner
John H. Craven
George A. Treadwell Mining Co
William Street, New York
Verde
Yavapai County
Ariz
Treasury
William Street
Verde Copper
CSM
George A. Treadwell Company
Verde Belt
United Verde
George A. Treadwell Mining Company
Myra B. Martin
Savings
Fisk & Robinson
Cedar Street
State Street
Boston
Chestnut Hill R. R
Camden & Burlington R. R. Co
Charles Fearon&Co Bankers
Chestnut St
R. R. Gen
Gipfaelzer, Walker & CO
Chestnut Street
Pennsylvania Railroad Company
Philadelphia Trust Safe Deposit and Insurance CO
J. Livingston Erringer
S Gston Erringer
William 8. Grant
Klem Weightman
Itam L. DuRois
Jobo Story Jenks
Lincoln Godfrey
J. Livingston Frei
William L. Durots, Henry B. Russeli
Henry B. Helfri
Jobo H. Converse
H. Lambert
N. Parker Sheriiden
Wiliam W. Frazier
Edward T. Stotesbury
NGER
Bsec'y
Fourth St. National Bank
GEO. A. Huhn & Sons
Bankers
Bullitt
S, Fourth ST
Members OF
John H. McQuillen & CO
John E. Lacey
Broad Street
Lacey
Pennsylvania Railroad Messengers’ Beneficial Association
Broadtreet Station
James L. Campbell
Captain Green
Sppechise Wiliam R. Toones
Nut
Wallace
Pennsylvania Rairoad
J. B. Baker, Jr
Ca & Clea