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Philadelphia Times in Philadelphia, Pennsylvania

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Philadelphia Times

Location

Philadelphia, Pennsylvania, United States of America

Date

Jun 03, 1901

Page

8

Market Prospects Rise After Northern Pacific Settlement

In a June report the Philadelphia Times notes renewed market strength last week led by steel rail orders and oil discoveries. It cites abundant money supply, rising railroad earnings, and bullish sentiment from investors in Atchison, Consolidated Gas, Amalgamated Copper, and Union Pacific stocks, with expectations of further investment and speculative activity.

Philadelphia Times New York Sun Philip King Wille Northern Pacific Burlington Great Northern Northwest St. Paul Northwestern Union Pacific Wall Street Bank of England Bank of France Germany Atchison Atchison Common Texas Consolidated Gas Amalgamated Copper Amalgamated Copper Company Boston Montana Butte Dayne Steel BT Ac Southern Pacific Cent. Tobacco Co Erie Pennsylvania Adams Express Keokuk & D. M Car & Found Lake Erie & West Ioc Louis & Nash Oh Am, Smelt Manhattan Bleu Met Street Rwy Am. Snuff Chi Tobreco Minu Et Cadac Res Kan Ohio Pacific Brooklyn R. T N. Y N. Y. Air Brake Ei But., KR. & P. Vod N. Y. Central Canada Brothers Canadian Pacific Ches. & Ohio Norfolk & Weat Thi. & Alton North American Pacific Mail Gt. W. Pf. A Gt. W. Pf. B People's’ Gas Leh L.&n N.F UN. P. Sub Wabash S.L B.W T.r C. & Nata Ay Pan E ‘Mich Clml& Si W. Tet BM .M&sp D & GS M & TT Perestant Stisistee Chi Peery Pullman Car Vende de Rep Col Fuel & Iron Southern Hock Coa Consolidated Gas Tobacco Del Hindgon Lack Den Rio Tuanke Ft. D T Pac Texas Pac Tas Evans T. H Third Avenue Ft. W D. C Twin City R. T West Union Tel Michigan City South St.l North Pacific River, West Advanced Aus N. W Eklyn Mich.c R. G. West Ches. & O Chi, T. Trans St. L.&f Col. Mid St. L. Southw Erie Con Aeon Wi City Ist Erie Gen Pac Bo. Car. & Ga G. Nor City So Berlin China Boerse Laura Works Vossieche- Zeitung Mecklenburg-Strelitz Pomeranian Reischan Anzieger

Stock Sales On NYSE Week Ended June First 1901

The New York Times Financial Review lists New York Stock Exchange activity for the week ended June 1 1901. Major names include Adams Express Amalgamated Copper American Express and more with price ranges, dividends and outstanding shares noted alongside.

New York Stock Exchange New York Times Financial Review Adams Express Amer. Agricult. Chem. Co. Amer Ee Ig Spe Amer

London Station Sees More Gold Shipments From New York

The London Station notes expected further gold shipments from New York as a sign of improving balance of trade. It suggests New York will liquidate part of its indebtedness as bills mature and the U S economy strengthens. Signs of recovery follow a panic as arbitrage houses sold short but later bought shares, aiding a market rally.

London New York Newak Paris United States Northern Pacific Bur

Market participants resell to trim indebtedness

Those who bought during the pants sale to support the market have managed to resell a portion, thereby reducing a segment of the indebtedness.

Pean

Sugar trade disturbance sparked talk of price cuts

Interest grows in sugar circles and among stock brokers over whether American Sugar Refining and its ally National Sugar Refining will follow Arbuckle Brothers in reducing sugar prices. A trade war may be brewing if a cut is made, though company protests and market responses remain unresolved.

American Sugar Refining Company National Sugar Refining Company Arbuckle Brothers National Ceangioyade

Prices Cut by Buckle Brothers Stir Market Debate

The article notes M3 listed prices on Saturday with claims the Buckle Brothers lowered prices to deter import brokers and spur trade. Other theories suggest sluggish sales and a desire to revive activity. In lower Wall Street traders speak of renewed harmony between rivals amid talk of another cut.

Buckle Brothers Lower Wall Street Poe Ee

Coffee rebate signals brewing discord among buyers

The Ar buckles announced Saturday a half cent per pound rebate on all coffee orders through June, a move seen as evidence that harmony did not prevail among buyers and sellers.

Arbuckles

Bank of Spain weekly report shows mixed metal and note shifts

The Bank of Spain weekly report for the week ended shows gold in hand up 10 000 pesetas silver in hand up 3 659 000 pesetas notes in circulation down 2 800 000 pesetas Spanish tours closed yesterday at 0 0 and the gold quotation stands at 37 30.

L. & Weat Visteon Ba & Pape Union Bag Papers Co Gom Union Pacific S&t United States Steel Corp United States Corp Wes Des Kip United States Leather Tion United States Eee Madrid Bank of Spain

Planed reorganization of Washington Traction and Electric

A New York syndicate considers reorganization of the Washington Traction and Electric Company after default on 612,442,000 in collateral trust bonds. A bondholders committee seeks to protect interests and obtain part in new bonds and preferred stock under the plan.

Washington Traction and Electric Company Washington, D. C New York

Foreign Exchange Situation Amid Bank Transfers

Schumacher discusses the foreign exchange conditions noting gold shipments to London incur losses at quoted rates 4.8814-88 for demand and 4.804 for cable transfers. He says bankers sending gold to Paris and settling cable transfers creates hurdles as sterling to Paris rises to 25.18 percent and rates may need to rise.

An Sey Pang Fay Schumacher London Senc Paria Sterning Sterling Paris

Also Mentioned on This Page

NEW York Stock Market Consolidated Traction Fourth Street Southern Pacific Capital Henry Fink Norfolk Western Cohich Union Pacific- Che Tom Sig Kanada Southern Central R. R New Jers Chesapeake & Ohio Chicago ¢ Alton Chicago & Alton Tos Tena Ad Saiz Amer. Smelt. & Retin. Co Amer. Smel. & Ref. Co American Snuff Co American Sugar Ref. Co American Sug American Tel. & Cable Co American Tobacco Co American Woolen Go Anaconda Copper Min, Co Topeka & Santa Fe Top. & Santa Fe Baltimore & Ohio Brooklyn Rapid Trans Co Brooklyn Union Gas Co Brons. Dock & Cit, Inn. Co Huffalo Hach Buffalo, Roch Pitt. Pt Tig Ae Ig Ante Iq Lligy ULI Chicago & Wantern Illinois Chicago & East Ill Chicago Great Western Chicago Great West Chicago, Indian. & Louis Chicago, Ind Lou Chicago, Milw St. P Chicago Milw Chicago & Northwestern Chicago & Northwest Rock Chicago Terminal Chicago Union Traction Cley Colorado Colorado Southern Colorado Southern 1St Pf Olorado Southern Pe 'Columbue & Hoek SRC Urup Bey Lee Minneapolis & St. Louis Minneapolis & Ets Pref Consolidated Gas Co Continental Tobacco Co Continental Tobac. Co Delaware & Hudson Delaware, Lack, & West Denver & Rio Grande Denver & Rio Grande Pf Denver & Rilo Gr. Pf. Eds Des Moines Fort D del City Gas Duluth South Sh Sou, Sh Atpel Evansville & & Terre Haute Fore Denver C General Electric Want Gas & Elec. of Berg. Co Glucose Sugar Refin. Co Hoc Kansas City Southern Kansas City Southern Pl Keokuk Laclede Gas Co Leke Sara Mo Oo IRA Manhattan Beach Manhattan Elevated Ereaee Rwy Wwes H. Fatum Orng Missouri Kansas Miss Missouri Pacific Mob Cts National Biscuit Co National Lead Co National Salt Co New York Air Brake New York Central Ohic St. L Ontario Mining Pacific Coast Pacific Mal Pennsylvania Railroad Pennsylvania R. R People's Gas Peoria & Eastern Pere Marquette Pref Philadelphia Cos Pitt Republic Tron & Steel Republile Iron & Steel Pt Rio Grande Western Grand¢ Western Wawn & Og Rubber Goods Mfg Jo Grand Tatan St. Louis Banfran Ite Iaea Immed Texas Pacific Land Trust Jane Mars London Stock Exchange American Securities South Africa Reca Orient European Stock Markets
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