Philadelphia stock market boom drives steel issues surge
A brisk trading day in Philadelphia saw nearly 125000 shares change hands, led by steel stocks. Cambria United States Steel Bethlehem Pennsylvania and others climbed, with Drexel and Co underwriting moves fueling speculation on a broader consolidation in the steel industry.
MENTIONED IN THIS ARTICLE
Philadelphia
Cambria
United States Steel Common
Diamond State Steel
Pennsylvania Steel Common
Bethlehem Steel
Tidewater Steel
Danville Bessemer
Preferred
Bethlehem
United States Steel
New York
Bethlehem, Cambria
Pennsylvania
Drexel & Co
Pennsylvania Steel
Pennsylvania Steel Company
United States Steel Corporation
Cambria Steel Company
Great Steel Trust
Union Traction
Philadelphia Company
Consolidated Traction
Pittsburg
Fecht
Emery
United Gas
Lehigh Valley
Lehigh Navigation
Talbot J. Taylor & Co
Financial rumors and market movements from the street
Gossip reports Standard Oil brokers sourcing Consolidated Gas, Arbuckle Brothers lifting refined sugar by ten points, and the American Sugar directors meeting to act on dividends. Rail and steel chatter notes Cambria Steel eyeing a $1 old stock dividend, Provident Trust stock bids up, plus new bond department leadership changes and rising Treasury bond purchases. Market leaders Southern Pacific and others hit new highs as Warburton notes potential extra dividends remain undecided.
Street and Electric Railway Stocks And Market Movements
A detailed list of street and electric railway stocks shows varied paid and preferred issues across multiple companies like American Railways, Baltimore United Railways, Columbus Street Railway, and Philadelphia Traction. The sector faces shifts as investors bid up Amalgamated and Sugar Refining while Treasury actions and broader stock strength influence trading, with notable activity in Union Pacific, Southern Pacific, and United States Steel.
MENTIONED IN THIS ARTICLE
Sane
American American Cement
Aten New
7Iamerican S& PF Pcib
Consolidated Ttaburg
Hoctaw
Choctaw
Enews
Danville Orbimet
Diamond State Steel
Easton Consolidated, Electrica
Electric Co
Huntingdon & Road
Insurance Co. North America
Lehigh Navigation
Lehigh Valley
Fas
Ovens
Palmetto
Pennsylvania Railroad
Pennsylvania
Penna
Pennsylvania Steel
Pene
Seeeee ST
Pennsylvania Salt Co
Philadelphia Company
Wee
Philadelphia Electric
Philadelphia Traction
Tee
Southern Railway
Southern Pacific
Tidewater
Union Traction
Eee Eee Ereer 118 Hat 7920 | United States Steel
Eee
United State Steel
American Railways
Baltimore United Railways
United Railways
Bulale
Bauer
Viss Ass Ess Isuicsieses
Citizens’ Passenger Railway
Columbus Street Railway
Consolidated Traction of
New Jersey
Continental
Pittsburg
Caseessle
Coes
Bo Eces Reed
Duquesne Traction
Fairmount Park & Haddington
Fairmount Park Transportation
Frankford & Southwark
Germantown
Green & Coates
Hestonville
Holmesburg, Tacony & Frankford
Wilmington & West Chester
Indianapolis Street Railway
Lehigh Avenue
Philadelphia Oy
Philadelphia Jay’s Ferry
Pittsburg & Birmingham Traction
Railways Company General
Eere Ridge Avenue Passenger Railway
Rochester Railway
Scranton Railway
Whsiise
Union Passenger
United Power & Trans
United Traction of
United Railways & Electric of
Balt
West Philadelphia
Salae
Manhat
Am. C
Fous
St Ry
Itton
Minn
St. L
San
Col
Baltimore
Ohio
Chicago & Alton
Chicago Great West
Ind
St. Pr
Northwest
Aoe & Pac
Chiec
St . Col
Fue
Iron
Colorato & Southern
Consolidated Gas Continental Tobacco
Delaware & Hudson
Del
Lack
West
Denver & Rio Grande Erie
General Electric
Great Northern
Hocking Valley
Illinois Central International Paper
International Pump
Entral
Ake Orie & Western. Co
Preouisville & Nastivitter Vanhattan Aes
Metropol
Mexican Central Mexican Nat
Miss
Kan
Sidan
Missouri Pacific National Lead Co. Press
New York Central
Wu Sri Lark
Pba
Republic
ItJhn & Steel
St. Louis & Ave
St. Louis
Pemnee
Ata
Texas & Pacific
Texas
United Bi States
States
United States Steel
Western Union
Wheeling & Lake Erie
Beall
Government Bonds Closing Quotations Update
Yesterday's closing quotations for government bonds are shown and compared with Saturday figures. The report lists bond types and yields, highlighting shifts in prices and yields observed in the latest market session.
Banks in Philadelphia Report Week Ended
The statement of associated banks in Philadelphia shows loans of 172,140,000 with deposits at 1,971,000 and surplus totaling 11,877,000 as of June 6 1898. The figures include increases in loans and deposits and reflect the banks' equity and financial position for the week ending yesterday.
MENTIONED IN THIS ARTICLE
Philadelphia
One Inc
Bank Clearings See Mixed Gains Across Cities
Bank clearings yesterday rose in Philadelphia to 19,138,605 from 16,063,643, while New York reached 147,958,425 up from 114,520,612. The report notes gains contrast with other figures and mentions general market movement.
MENTIONED IN THIS ARTICLE
New York
Boston Bank Report Shows Shifts in Weekly Clearing
The Boston Clearing House banks weekly statement reports a $2.35 million loan increase, $54,000 deposit rise, and sizable declines in circulation $6,000, due to banks $234,000, legal tenders $604,000, and specie $404,000. Excess reserves fall $1,383,143 and excess deposited in New York drops $1,767,143, with year ago figures roughly outlined.
MENTIONED IN THIS ARTICLE
Boston Clearing House
New York
Asaeun
Stock Market Speculation Drives Broad Activity In New York
The New York market showed renewed speculative vigor with heavy professional and public participation. Traders cited tacit agreements among big interests to push prices higher, as sugar and railroad stocks led gains while steel issues failed to hold early advances and bonds moved in step with equities.
MENTIONED IN THIS ARTICLE
New York
Commission House
St. Paul
Union Pacific
Southern Pacific
Missouri Pacific
Eries
Amalgamated Copper
Colorado Fuel
Consolidated Gas
General Electric
Pacific Mail
Northern Pacific
Concord
Great Northern
Chicago
Northwestern
United States
Slight Rise in Unlisted Securities Leads Markets
In New York on June 3 the unlisted securities market showed stronger demand and higher prices. American Can led with both common and preferred up about 2 and ½ points, copper issues like Union Copper gained, White Knob climbed, Seaboard Air Line moved up, and limited trading left some stocks at fractional gains or declines.
MENTIONED IN THIS ARTICLE
New York
Union Copper
Currie & Gywnie
White Knob
Preferred
Seaboard Air Line
Philadelphia Times
Baltimore
Seaboard
South
Stock Market Summary and Trade Listings
A New York stock summary shows varied activity with many issues trading for the day. It lists several corporate names, preferred stocks, and regional firms, alongside daily highs and lows and changes from prior closes.
New York Closing Prices From Yesterday and Saturday
Closing bid and asked prices on yesterday's stock market, with Saturday's values, cover a wide range of listed companies and financial instruments. The report includes named firms and indices such as Consol. Gas, Cont. Tobacco, Do. pref, and Ches & Ohio, among others, with varied bid and ask figures and volume indicators.
MENTIONED IN THIS ARTICLE
Consol
Tobacco
Del
Den
Rio Gr
Detroit Gas
A. A
New York Bond Sales Reported Across Wide Range
A scanned bond listing shows varied offerings from multiple issuers including Santa Fe adjustments, B of O, and Chesapeake lines. The document cites par totals around 4.31 million with numerous 4s and 5s across railroads and utilities, highlighting active trading.
Baltimore Stock Market Advances Amid Sea Board Strength
The Baltimore market shows broad strength led by Sea board issues with New York and Southern buyers driving gains. A 1 point rise in common and 1.5 percent in preferred marks daily gains as Cotton Duck draws interest over a 2.5 percent dividend plan for July 1.
Industrial and Miscellaneous Closing Quotations Chart
Closing quotations of unlisted securities compiled by the New York Times. The page notes miscellaneous auction and market entries with brief price indications and identifiers. The item reads as a catalog-like list of securities and related trades without narrative context.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York Times
Also Mentioned on This Page
Philadelphia Stock Market
Standard Oil
Arbuckle Brothers
Huntingdon and Broad Top
Cambria Steel Management
Eneane
The
Provident Trust Company
B. G. Jaques
Rudolph Kleybolte & Co
B. C. Warnick & Co
National Bank
Continental Tobacco
Erie
Warburton
Mergenthaler Linotype
Treasury
Cambria Steel
Secretary of the Treasury
Lewisohn Brokers
Amalgamated
Heinze
Boston
American Telegraph and Telephone Company
Chicago Telephone Company
Arbuckles
H. L. Horton & Co
Brooklyn Rapid Transit
East River Tunnel
London
Europe
Eriel
Ontario and Western
Louisville and Southern Railway
Keene
Kuhn, Loeb & Co
Pacific Mall
Oe Pacific
General Fund
Eeu
People’s. Railway A. Hice
Indianapolis Street Railways
Ais
Lehigh Valley Sonncerst Trust
WOO National Asphalt
Pennsylvania & Maryland Steel
Reading General Mortgage
Western N
Gen. Mort
American Iron & Steel
Marsden
Eton & Engel Brewing
National Electric
Ner & Engel Brewing
Reo Typewriter
Bethlehem Iron
New Haven Ion & Steel
Palmetto Company
Brooklyn Borough Gas
Parkside
Brooklyn Gas & Elect
Pennsylvania Electric Vehicle
Cambria Tron
Penna. Elec. Veh
Cambria Steel Arid
Pennsylvania Salt Manufacturing
Camden (Me
Consolidated Lake Superior
Cen ST Co
Danville
Bessemer
Trust Susquehanna Iron & Steel
Telegraph, Telephone & Cable
Ot Electric Company ‘of America
Tidewater Steel America
United Gas Improvement
General Electric Automobile
Flat Top Coal
Warwick Lion
WEEE
Vances Tepaussae
Welsbach Commercial
Harrison Bros. Co. Incorporated
International Harrison Bros. Co. Incorporated
Smokeless Powder & Welsbach Company Welsbach Commercial
Ynamite
Welsbach Inc
I Bt
Canada
International Smokeless Powder & P
Westmoreland ¢ Coal
Cramp
U S
Boston Bank Report
NEW York Stock Market
Outside Securities
Pittsburg Stock Exchange
States Steel
Ates
T. H
de CG
Gen. Electric
Gt. North
Hock Valley
Ti. Central
Inter
Iowa Central
Kanaw. & Med
Laclede Gas
Lake BE
fAtGlei
Ewes
St. al
Pacific
Mal ‘Enna
Rep
East Peo
G. & C Press
BAL & Unie
Pha Brock
Brock
U. Gee
B., It & Rite
Canada South
Canada Pac
Che & & Aton
Lan SiSers
Sy, C & St Co
NH & H
Pac. South
Tenn
Pas
St Law
UN. B
Bou
Lee
Ati
Amie Amici
Isi Toa Ahi
At & L
Ann Arbor
Santa Fe Gen
Sooo Sacain Ct
LOODO
Santa Fe
Myon
N. W
Pt J
Mid
Bkin
3D Inc
N. J
Ghent
Alton
U.S
Wells A
Wis
Ch. R. I
Pact G
Mo Ole
Nash
Chat
At. L. Col
Gas
BE. L
N. Y.C
Oy & Sus
Y Queens Co
N. Pac
D. C
TOD
H. & San Let
Leute
N. Unifi
Met
Bley
Ist
Cen
Ist Inc
S.ee
Unio G. W
T. L
I. M
I. L
Pac
Baltimore Stock Market
Maryland ‘Trust
S International Trust
Union Des 255 Co
Hide & Leather
Ge, Pry
Aberdeen
Colum
Coppe
British Exchequer
California
Central Fireworks
Central & So. Am
Rubber Tire
Con
Son
Tobac
Ups’ Shipyard
Screeee
Denver
Denver & S. W. Denver
A. Tr
Aly Electric Dis.Co
A.pf
Empire Steel
Abla
Lorillard Eeeene Markeen Cops Pot
Nat
Neying
Ortation Oia
Otis
Evan Metts
Bess
L.E. Deans
N. Eresae T.co
Street Railways
Sae
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