Steel Stocks Steep Decline Marks Opening In June Market
The June New York stock session opened heavy on continuing fears after Illinois Steel shutdowns, with steel and iron stocks led lower by Federal Steel and Steel and Wire. Sugar refining remained constrained by dividend uncertainty while rail shares declined on broader weakness, and a late rally emerged in anthracite and some rail names amid dividend expectations. The Sub-Treasury reported a $429,166 debtor balance at the Clearing House.
MENTIONED IN THIS ARTICLE
the Times
New York
Illinois Steel Company
Iron and Steel
Federal Steel, Steel and Wire
Tennessee Coal and Iron
Federal Steel
Atchison Preferred
Burlington
Baltimore and Ohio
Valles
Jersey Central
Reading
Lackawanna
Delaware and Hudson
Grangers
Atchison
Pacific
Northern Pacific
Pennsylvania
New York Central
Pennsylvania Railroad
Atchigan
Sub-Treasury
Philadelphia Market Turns Mixed on Anthracite Hope
New York traders aided local activity as anthracite shares rose briefly while Jersey Central advanced on rumors of control and optimism about the anthracite outlook. Union Traction led on light volume with heavy buying by George A. Huhn & Sons, but overall prices pulled back from intraday highs as a dull market persisted for other majors.
MENTIONED IN THIS ARTICLE
New York
Lehigh Valley
Reading
Jersey Central
Truesdale
Lackawanna
Trennarivanna
Choctaws
Northern Pacifics
London
Union Traction
George A. Huhn & Sons
Itla
Federal Steel
Cambria
Bethlehem
Warwick
Susquehanna
New Haven
Diamond State
Pennsylvania Cornation
Bostom
Chienes
Ris
Pat
Ea Rubber
Canada
Thene
Orwantza Ion
Bryan States Trusts Will Be The Issue
William J. Bryan writes from Lincoln Nebraska dated June 1 and sent to William Hoge of the Mercantile Travelers and Hotel Men's Anti Trust League. He acknowledges receiving resolutions and says the trust question will be one of the important topics in the coming campaign.
MENTIONED IN THIS ARTICLE
Bis
The
Commercial Travelers’ and Hotel Men's Anti- Trust League
New York
Willliam J. Bryan
Lincoln
Neb
William Hoge
Mercial Travelers and Hotel Men‘s Anti- League
Direc
Ogo
Canadian Installed a Knight See Eng June 4
Fragmentary notice reports a Canadian installation of a knight in some militia context on June 4, with unclear details about the ceremony or participants due to damaged OCR text. The readable portions reference a Militia and an English connection.
MENTIONED IN THIS ARTICLE
the &T
Market Gossip and Corporate Moves Across 1900s London and US
A sweeping market summary notes United Metal Selling’s 400000 ounce silver shipment, Celluloid’s 1 percent dividend, Choctaw Gulf rail revenue rise, and Acworth named Southern Pacific London agent. It covers Keystone Bank creditors dividend, London capital formation totals, and various rail, sugar, and steel firm actions. It mentions New York banks’ loans, Amalgamated Copper directors, Reading Company annual meeting, and banking balance figures. Market mood signals stronger world money, heavy bond discounts, and anticipated July cash disbursements.
Shareholders receive dividends as firm expands capacity
The Weisbach Company reports acceptance of shares delivery to the Provident Life and Trust Company and plans to purchase under a May 1 contract. A local exchange official foresees profits from German bills as the money market eases. Jersey Central notes no further finance adjustments. Lifley mails receipts to stockholders paying a 50 cent loan per share to fund urgent plant upgrades.
MENTIONED IN THIS ARTICLE
Weisbach
Pas
Welspon Oeee
Provident Life Ar Trust Company
South Africa
London
Jersey Central
Edward C. Lifley
Gregor Manufacturing Company
William Kuemmerle, Jr
Kuoemmerle
Welsbach Company
Welsbach Light Company
Welsbach Commercial Company
Provident Life and Trust Company of
Philadelphia
Stock Exchange Eyes Move to Merchants' Exchange Building
Local financial circles favor relocating the Stock Exchange to the old Merchants' Exchange on Third and Walnut. Of 150 members, about 100 back the move, with a plan to form the Philadelphia Stock Exchange Company capitalized at 200000. The purchase price is 102000 cash plus 98000 in improving the building.
MENTIONED IN THIS ARTICLE
Pennsylvania Steel Company
Stock Exchange
Merchants’ Exchange
Third
Walnut Streets
Exchange
E. D. Toland
Philadelphia
The
Old Merchants’ Exchange
Opere Con
Merchants’ Exchange Commay
Doylestown and Willow Grove Line Routed to New Company
A new corporation the Doyleston, SC Railway Company has been formed to take over the Doylestown and Willow Grove trolley line after foreclosure. George D. Widener controls about two thirds of the stock. the road cost around $90,000 with current earnings near $25,000 annually, and a 161/2 mile route links Doylestown to Willow Grove with feed from pending lines to Philadelphia.
MENTIONED IN THIS ARTICLE
Doylestown
Willow Grove
Doyleston , SC
Recorder
Philadelphia, Cheltenham and Jenkintown
Comany
Rannum
Philadelphia
Steel Mills Not Permanently Closed
New York June 4 President Elbert H. Gary of the Federal Steel Company stated that Illinois Steel Company has closed its stabbing mills to allow repairs and due to ore shortages. He said the mills will likely reopen on the Joliet site by mid year.
MENTIONED IN THIS ARTICLE
F. Raynor & Co
New York
Fim
Philadelphia
Elbert H. Gary
Federal Steel Company
Illinois Steel Company
South Chicago
Ullnois Steel Company
Joliet
Illinois Steel Company resumes operations in Joliet
A special from Joliet reports the Merchant Mill of the Illinois Steel Company started up today, providing employment for workers. The hot mills at the American Tin Plate Works were also running, with the entire plant in operation and offering jobs for many men.
MENTIONED IN THIS ARTICLE
Chicago
Jollet
Til
Sage
Tlinois Steel Company
offic_ eay
American Tin Plate Works
Fourth annual convention of American Park and Outdoor Art Association opens in Chicago
The fourth annual convention of the American Park and Outdoor Art Association will open at Fullerton Halls in the Art Institute tomorrow and continue through Thursday. The programme features papers and illustrated lectures on the association’s objects, with a talk on Wednesday at the Auditorium Hotel.
MENTIONED IN THIS ARTICLE
Chicago
American Park and Outdoor Art Association
Fullerton Halls
Art Institute
Auditorium
Grain and Produce Market Report Receipts and Prices
Receipts show 257 525 bushels with light offerings and steady contract grades. Milling grades dull with 72a7%c Southern and 7 4c Pennsylvania. American visible supply down 51 000 bushels. No. 2 red and mixed car lots priced. potatoes and vegetables offered steady with moderate demand.
MENTIONED IN THIS ARTICLE
Pennsylvania
Receipts and Market Report Highlights
Receipts show 26 687 bushels and 102 080 bushels in stock with 574 832 bushels total. Car lots faced light demand and moderate offerings with prices unchanged. No export activity. American visible supply rose by 255 000 bushels. Sales of seven cars of No 2 white clipped track at 28 20c and two cars in Twenty third street stores at 28 4c.
MENTIONED IN THIS ARTICLE
Apdicc
Grain Receipts and Prices Reported at Market
Receipts total 2 175 barrels and 1 145 200 pounds in sacks as demand remains slow and unsatisfactory. Jobbers hold off or buy small lots to meet immediate needs. Prices weak. Winter super 2.25 to 2.40, extras 2.40 to 2.65. Pennsylvania clear 3.10 to 3.25, western winter clear 3.15 to 3.45, patent 3.25 to 3.70, city mills extras 2.00 to 2.05, clear 3.35 to 3.50.
MENTIONED IN THIS ARTICLE
A. S
Lehigh
Union Traction
Aaa Steel
Reese
Lehigh Navy Cement
Nor. Pac
Lehigh Valley
War
Lehi
Valley
South
Phila. Traction
Beth
United Cos
Wys. General
Marsden
General
War, Ir. & St
Va Trac
Ee Hntg
Eeeneee Bi M. B
Inter
Cambria Steel
Wee Eegers
Choctaw
Dany St
Phila
Elec
Ave. St
Penna Ae Teeae
Lake Superior
Sno Coton Traction
Pneu
Wys
Cement
Union
Phila Fon
Elect. Pneu
Penna St. UN
Gas Imp
Pennate Eeae
Phila. Electric
Beggar Traction
Mid
Union Traction Fois
SO Fair
P. Marr
Susq
Ae & St
I Traction
Ir. & St
Ida
N. Gas Imm
Miareden
Union Trac
Ak Senet
Alka Traction
Pennsylvania
Boas
Fae
Oil Barrels Move Slowly Cited At 3100.30 Per Barrel
The report notes a slow movement in oil barrels priced at 3100.30 per barrel with quality described as fancy patent.
Creamery trade slows amid ample supplies and uneven quality
Receipts at Western creameries were moderate and trade quiet with ample offerings. Prices were barely steady as most prints were of faulty quality yet cleaned up at the edges.
Trade Quiet as Buyers Favor Prices on Ample Offers
Market activity slow with buyers holding firm on value and plentiful stock. Quotations indicate New York cream heights from scarce to abundant, with limited distinguishing features and scattered items of varying quality.
MENTIONED IN THIS ARTICLE
New York
Trade notes hint at steady demand and ample supply
Market brief notes supplies liberal and demand light. Western supplier cited. Free cases quoted. Pennsylvania and other pear products show fresh shipments around 15 cents per unit.
Typographical Union Chief Cleared in City Court
In Buffalo this morning Judge Murphy of the Police Court ruled not guilty for David Shankland, president of Typographical Union No. 8, and sixty six others charged with alleged faults. The decision ends the adjudication of the group in the local case.
MENTIONED IN THIS ARTICLE
Buffalo
James
Murphy
David Shankland
Typographical Union
No. 8
T Gale
Faut“ Prtenly Edeasd
Fatal Town Hall Fire in Foxboro
Foxboro Massachusetts June 4 a town hall was burned early today. One man George H Josselyn was killed and three others were injured or missing in the blaze authorities said the cause was not yet determined and an investigation is underway at the scene
MENTIONED IN THIS ARTICLE
Foxboro
Mass
George H. Josselyn
Demand Rises for Live Stall Supplies at Fair
Fragmentary notes show traders supplying live fowls bees and other items. Mentions old roosters and private trader terms with unclear figures or locations.
Fragmentary Market Notes on Poultry and Livestock Prices
The brief text lists fresh killed fowls and Western choice meat with terms like fair to good and old roosters. It notes moderate supply and quiet demand, with references to regional marks and unidentified shorthand. The passage reads as a fragmented market update from an old newspaper page.
Smoked Meats and Sides Market Terms Noted in Ledger
A fragmentary ledger lists various smoked beef items and pork products with prices and curing notes. Entries include smoked beef knuckles and tenders, beef hams, pork family cuts, shoulders and ribs salted or cured, and assorted smoked meats labeled with abbreviations.
MENTIONED IN THIS ARTICLE
Piemichams
Market Report on Fresh Produce Prices and Availability
Choice strawberries sold within quoted rates while other berries remained steady. California oranges and Southern pineapples were ample for moderate demand with prices unchanged. Quotations include Navels fancy to size at 3.50 to 8.75 per box and assorted items like strawberries per quart and Florida crates quoted with varying figures.
MENTIONED IN THIS ARTICLE
New York and Western
New York
New Charleston
Savannah
North Carolina
Norfolk
Florida
Charleston
Virginia
California
Southern
Refiners' Prices With Cash Discount and Rebates
Refiners quote prices with a 15 cent per 100 pounds rebate at end of 30 days and a 1 percent cash discount. Prices list various sugar types: Cubes 5.55 cents, powder crown 5.85, crystal A 5.00, granulated 8.60, extra fine granulated 5.70, soft granulated Nos 16 to 1 4.80 to 5.25 cents.
Market Report on Hay Straw Prices and Availability
Hay was in moderate supply with better grades in fair demand and steady prices. Straw remained unchanged with ample offerings. prices listed for Timothy hay and various straw grades show No 1 and No 2 categories with amounts ranging from 9 to 40 dollars per unit. details reflect regional market conditions and pricing structures.
Winter bran prices at former rates announced
The notice states winter bran in bulk sells at 16.50 dollars per ton and bran in sacks priced by size at 16.50 dollars per ton, indicating no change from prior rates.
Cotton Prices Narrowly Marketed to Spinners
Cotton sold in a small way to spinners at 9c per pound for middling uplands.
Wholesale Prices Chicago June 4 Futures Report
The Chicago wholesale market summary lists grain futures with scattered bids and closes. Wheat and corn quotes show minor moves amid fluctuating prices and thin volume as traders assess supply and demand signals.
Capital Surplus Figures and Named Bankers Listed
A fragment lists figures and notable financiers including James W. Alexander H. W. Biddle A J Cassatt Thos DeWitt Cuyler William L Elkins Ellis Louis Fitzgerald among capital surplus notes and related names.
MENTIONED IN THIS ARTICLE
James W. Alexander
H. W. Biddle
A. J. Cassatt
Thos
DeWitt Cuyler
William L. Elkins
A Ellis
Louis Fitzgerald
Of City June 4 Credit Balances Report
City financial accounting notes show credit balances of 1.28 with no categories and no bids listed. Three entries reference the term Gays totaling 54.503 Sewnen 48000, but details are unclear and may reflect shorthand from a local ledger.
Also Mentioned on This Page
Bryan
Haven & Townsend
Stock Commission
Chestnut Strest
Bethle
Bethlehem S
Okla
Consolidated Lake Supe Choctaw
Eee Traction
Pitts
State Steel
Elec Co
Am. Rets
Fairmont Pa
General Electric Automobile Nation
Lehigh Navigation
Lehigh Valle
Northern Pacific Trust Ctfs
Philadelphia Co
Pennsylvania Railroa
Philadel
Pennsylvania Electric
Pennsylvania Steel Hia Electric
Pennsylvania Steel
Adelphia Traction Seleeseee
Railways Company General
Reading Trust
Ctfs
Pot
United Gas
United
United Cos New Jersey
Newark
Lehigh Valley A A
Philadela Ee Ee
Indianalis
Newark Gas Ex-L
Lehigh Alle
Ann Gs
Philadel fa _Electric Sa sere
We Ie
York & Penn
New York & Penna
Read Penna
Maryland
Oa Cae Esenvoce
United Con N. J
Philadelphia Electric
Steel
Ing General
United Railways
Penna
Z Soo Raultable
Equitable
Uitable
United Metal Selling Company
Choctaw, Oklahoma and Gulf Railroad
William M. Acworth
Southern Pacific
Keystone Bank
Huntingdon and Broad Top
Continental Passenger Railway
Boston Revere Beach
Berlin
Gage
Boggutteast
Amalgamated Copper Company
William Rockefeller
Ne Stillman
F. Rob Bacon
Marcus Keycelane
New Haven Iron and Steel Company
Suequehanna Iron and Steel Company
Company Pygory Fy ES
American Sugar Refining Company
Execu
Treasury
United States
National Book
Reading Company
American Steel and Wire
Pennsylvania Railroad Company
New York and
Pennsylvania Railway
de Coursey
Henry Clews
Toledo, St.Louis and
Kansas City Railroad
Continental Press Company Committee
Hallgarten & Co
Vermilye & Co
Bethlehem Steel
Carnegie Steel Company
Ae Gieel
Feebeae Tees
Carnegie ‘Steel Company
J. H. Post
New National Sugar Refining Company
Columbia Iron Company
C. ©. Kauffman
Ita
Ted Ote
Doylestown and
U. S
Brown Bros. & Ae Sterling
Gary
Car & Fury
Steel &Wss
T. lAnaconda
Balt & Ohio
Canada South
Mil. & St. P
It. L
Col. Fuel & I. Pf
Contin Ag
Er & Hobie
Pref & R
Sata
General Electric
Town Central
Laclede Gas
Lake E. & W
St. Ry
Central
West
North Amer
North
Coast
Texas Pacific
U Press
L. E
U S
Spit Iits Geeeesseeeae Atchison Gen
Powies Esses
Weessne Pee Bereres Aus
N W
Bkn
Renee
Quincy
Chi M
St. P. G
St. P
Trancessors
Col
Eos So
Eben Neers
Detty Gas
M Ld
Erie
Ind
Ft. W
D.C
San A
Jack Kan. C
P. Just Co
Keo
Beevens
St Ry. G
T. L.swn. Inc
Ins
Watley & N. Mo
C. & Ga. Beet
So. Pac. Col. Tr
Ease
Apeee Mo. P. Trust
Southern Ist
Aen
eWeek
Mob
Etter Weeee T Trust Co
Etta
N.Y
E. L
P. Co UN. Pac
Wabash
N. Y
Sus
Nort. & Son
Nor
P. G
Wrereesee & N. Con
Sh. L
Rio G. W
Eda Werks
Css
Office OF
N. W. Cor
Elmer Smalling
F. H. Macmorris
Foreien Meatte
Sane Arcane
C. Stuart Patterson
Thomas Eensor
Horatio G
Eloyd
William
Jane
S Aceueny
Clement Griscom
James H. Hyde
Effingham B. Morris
Arthur E. Newbold
Samuel Rea
Sidney F. Tyler
Weir
Richa Cook
Tarys Delany
Treas
John Jay Gilroy
Secre Richard
Winship
Howard E. Young
Samuel M. Zacharias
Roth Wister
Harry J. Delany
Ichinson Sergeant
J. Wesley Supplee
Joseph Moore
James Yi
Richard Y. Cook
William King
Jay Cooke
Edmund Allen
E. G. Regenthaler
Morris H. Carpenter
Herbert M. Howe
Brown Brothers & CO
Fourth and
Chestnut Streets
Travelers’ Letters OF Credit
Allegheny
W. E. Thompson
BEN J. H. Gaskill & CO
Bankers
Cotton Exchange
New York Cotton Exchange
Samuel T. Hubbard
J. Temple Gwathmey
George Brennecke
G. W. Me
F. A. Fachire
Hermann Hagedorn
G. F. Jones
R. P. McDougall
J. FP. Weer
D. A Miller
Hermann Roentree