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This newspaper page contains 32 articles. Subscribers can read the full text of each article.

Newspaper

Philadelphia Times

Location

Philadelphia, Pennsylvania, United States of America

Date

Jun 08, 1900

Page

10

Stagnation Marks Wall Street Trading Day

A cautious session on June 7 sees little market vigor as traders digest the Chinese situation and wheat advances. Early gains fade into irregular declines with industrials and rails mixed. Sugar Refining leads gains while granger stocks attract notable buying. Bond demand strengthens Union Pacific 4s while Colorado Southern 4s slip. Treasury balance at clearing house shows a debt of $888,406.

the Times New York Bull Bear Wall Street Commission New Jersey Central Pennsylvania’' Railroad Baltimore and Ohio Jersey Central London Union Pacific 46 Colorado Southern sab-Treasury

Market Chuckles and Sharp Dips Blur Philadelphia Shares

The Philadelphia market opened with a near standstill and drifted through a day of mixed results. Strength appeared in Bethlehem and New Haven while Tidewater and Asphalt weakened. Consolidated Lake Superior rose to its high, and Union Traction edged higher near the close. Rumors about railroads and armor plate contracts stirred chatter, but the closing tone was cautious amid widespread irregularity.

Pennsylvania Reading First Lehigh Valley Tidewater Cambria Susquehanna Steel Bethlehem New Haven Consolidated Lake Superior Marsden American Railways Union Traction Bethlehem Steel Congress Bethlehem Company Carnegie Lake Superior Baltimore and

Foreign Financial News Summary from European Banks

The Bank of France weekly report shows notes in circulation down 127.3 million francs and Treasury accounts down 241.5 million francs while silver in hand rises 2.7 million francs. The Bank of England weekly update records total reserve down 1.084 million pounds and circulation up 0.218 million pounds with bullion down 0.516 million and other deposits up 0.120 million. public deposits fall 1.639 million, reserve-to-government ratio at 44.37 percent. American railway shares in London opened dull after New York overnight prices, with partial recovery later.

Bank of France Bank of England Leees Rawsey Ie London New York Treasury General Fund United States National Bank

Street Gossip Highlights Wall Street Movements

The Boston Stock Exchange closes Monday June 18. Reading shares advance led by Wormeers. Steel billets cut to 28 dollars a ton confirmed. New York banks lose 3.742 million in sub treasury days. George J. Gould elected trustee American Surety New York. St Louis and San Francisco declares 2 percent dividend. Chandler Brothers buys Chicago Board seat. Kansas City Mexico and Orient elects Andrew McKinney director. New York Central May gross up 327,061 and year to date 6,201,900. Market narrow with 35,000 shares traded. Jersey Central and Reading rumors denied. Royal Baking Powder declares 1.5 percent dividend. Northern Pacific directors set 4 percent basis. Atchison bonds under four million. Torrington semiannual 3 percent dividend. Sugar demand firm but no advance expected.

Prices of Old Oil City, June 7 report

Credit balances 1.25 dollars per barrel. Shipments total 151 106 barrels and runs 87 423 barrels. No hide details available. This brief market note records oil balances and throughput at Old Oil City.

Old Oil City

Grain and Produce Market Report with Mixed Shipments

Receipts total 26 614 bushels with 19 200 bushels shipped and stock at 310 238 bushels. Speculators indifferent and foreign business limited by low order limits while markets open firm up 4 cents on call. Milling grades steady but quiet. various grades quoted and car lots noted across No 2 red and yellow varieties with export demand and mixed bids.

T&c

Receipts and car sales in light demand markets

Receipts totaled 64 981 bushels with 13 205 bushels outstanding while stock reached 576 012 bushels. Car lots showed light demand but held firm with moderate offerings. exporters showed little interest. Sales included 8 cars No 2 white clipped track at 28 4 20c, 3 cars do choice track at 20 1 2c, and 1 car do in Twentieth street elevator at 20c.

Twentieth Street

Grain Prices and Purchases Tally in Market Report

Receipts reached 3 048 barrels and 2 320 990 pounds in sacks as buyers held back or traded in small lots to meet demand. Prices were weak to sell but quotably unchanged, with Winter super at 2.25 to 2.40 and various grade ranges noted including Pennsylvania roller and Western winter types.

Atent

Moving slowly at former rates in oil trade

Prices drift as buyers note steady but slow movement. We quote barrels at three dollars ten and a third to three thirty per barrel for standard grades and higher for fancy patent quality goods.

Market Report Notes Mixed Prices for Goods

The report records liberal pricing for solid-packed and prints while the market remains quiet. Prices show 19 firsts and 20c for prints and goods, with jobbing at 21a%e.

Market Quotations for Dairy Goods and Cheese Prices

Offerings, though not large, met buyers needs with prices barely steady. The quotations list New York full cream fancy small boxes new ade by on fair Sabec partie hoe go Te Swise cheese as te quntiey 3.

New York Sabec

Unclear OCR Text on Market Supplies

Fragmentary OCR passage mentions Western and Pennsylvania fresh produce with pricing like 18c but lacks coherent events or details. No identifiable persons, organizations, or locations beyond generic references.

Pennsylvania

Poultry Prices With Steady Demand From Market Report

Live poultry availability is moderate with steady firm demand. Quoted prices include fowls and hens at ten percent above allowance, old roosters at seven, and large chickens at specified levels.

Fresh-Killed Fowls and Roosters At Moderate Prices

A fragment from a market listing notes fair supply and moderate prices for fresh-killed fowls and old roosters. The text mentions choicest Eastern stock at 10 cents and various small lots, with unclear branding or full product details.

Old Roosters Feo Broltiog Sryapetss Ibaa

Market Prices For Potatoes And Vegetables

Supplies of new potatoes were limited and the market was slightly firmer with a fair inquiry. Southern vegetables were plentiful and sold at revised prices. Quotations list New York and Western potatoes, choice, per bushel, and fair to good varieties, per bushel, though some words are garbled in the OCR.

New York and Western

Fair trade lists variedproduce prices from the South and abroad

A fair trade inventory lists strawberries and blackberries by quart with regional notes from North Carolina and Delaware Maryland, whortleberries from the South, cherries and cantaloupes by unit and crate, pineapples from Florida and the Caribbean, Havana and Porto Rico values, California Navels in several sizes, and Mediterranean sweets with size based pricing.

North Carolina Delaware Maryland Southern Florida Havana Porto Rico California

Market prices steady with rebates and cash discounts

The market was firm but quiet with refiners' prices subject to a 15 cent per 100 pounds rebate at 30 days and a 1 percent cash discount at seven days. Copper grades listed include powdered 5.70 cents, crown net crystal A 5.60 cents, standard granulated and fine granulated around 5.00 cents, extra fine refined 5.0 cents, confectioners 0 cents, soft grades Nos 16 to 1 4.80 to 5.25 cents.

Prices and goods in a midmarket meat listing

A fragmented price list shows smoked beef cuts and pork items with quotes such as smoked beef knuckles and tenders, beef hams, family pork, cured hams, ribbed sides, and shoulders in various preparations. Values range from 8 to 21 cents and totals indicate wholesale shorthand.

Seta Ialse

Hay and straw prices hold steady amid moderate demand

Offerings of hay were moderate and demand chiefly for desirable grades, keeping prices steady. Straw remained quiet and unchanged. Quoted: Timothy hay large bales 17 dollars, No 1 large bales 16.50, No 3 small bales 16, No 2 15, No 1 wine 15, No 8 14. Rye straw 17, other grains and oats listed with miscellaneous figures.

Timothy

Moderate Bran Prices and Bulk Sack Rates Noted

A fragmented market note shows winter bran in bulk at 16.50 per ton and bran in sacks to Bise at a specified rate. The text is incomplete but indicates standard commodity pricing in a bulk trade context.

Upland Middling Prices Noted As Quiet Steady

Market observers report a quiet but steady basis of over the counter per pound for middling uplands with little volatility and steady demand observed across trading desks.

Market Report Notes Varied Grain and Dairy Prices

On the Preface Exchange today the butter market was steady. Creameries offered 15 to 19 cents, dairies 13 to 7 cents, and cheese steady at 8 1/2 to 9 cents. Eggs remained steady for fresh stock.

Soren

Decree in Equity Suit Against Drexel Co and Whitney Co

Common Pleas Court No 4 entered yesterday a decree in the equity suit by William L Elkins P A B Widener George W Elkins William Flynn Joshua Rhodes and M K McMullen against Drexel Co and Whitney Stephenson. The ruling allowed the motion to amend the plaintiff prayer. The case concerns transactions in consolidating Pittsburg traction firms and the complainants claim Whitney Stephenson owe them securities valued at 650000.

Common Pleas Court No. 4 William L. Elkins P. A. B. Widener George W. Elkins William Flynn Joshua Rhodes M. K. McMullen Drexel & Co Whitney & Stephenson Pittsburg Traction Companies

General Howard Re-Elected President of Missionary Society

Detroit June 7 Major General C O Howard of Burlington Vermont was unanimously re elected president of the Congregational Home Missionary Society. Officers named include vice presidents Senator Joseph R Hawley William H Wanamaker Rev Charles R Brown H Clark Ford Thomas C McMillan Rev George A Gordon Harvey J Hollister Rev Michael Burnhan Cornelius D Wood Rev Edward D Easton recording secretary Rev William H Holman auditor George Edgell executive committee Rev Watson L Phillips Rev Stephen M Newman Rev Charles R Jefferson Charles L Beckwith N Frank A Ferris named to the panel.

Detroit Mich C. O. Howard Burlington Congregational Home Missionary Society Joseph R. Hawley Connecticut William H. Wanamaker Pennsylvania Charles R. Brown California H. Clark Ford Ohio Thomas C. McMillan Illinois George A. Gordon Massachusetts Harvey J. Hollister Michigan Michael Burnhan Missouri Cornelius D. Wood New York Edward D. Easton Wisconsin William H. Holman Southport Conn George Edgell Watson L. Philips New Haven Stephen M. Newman Ashington Charles R. Jefferson Arles L. Beckwith Orange Frank A. Ferris South Norval

Shipping News Highlights Arrivals and Goods Transfer

Friday June 8 reports a series of arrivals at port including Steamer Leon from Norway with fruit for United Fruit Company and Steamer Aggs carrying iron ore for Barker & McCall. Also listed are Parthian with Boston merchandise, Elko with Troy Albany goods, and Yemassee with need er perhaps cargo. Multiple British and American vessels and firms such as William P. Clyde & Co. are named among the arrivals and cargoes.

Leon Jessen Banes Fruit United Fruit Company Aggs Hatteberg Wabana Barker & McCall Salfordia Crisp Shields Neill Need William FP Clyde & Co Grace Baltimore

Maritime listings of 19th century American and British vessels

A compact roster of ships and schooners with owners and home ports including Steamer Gulf Stream Steamer Benefactor Steamer Richard Willing Steamer Ericsson Steamer Williamsport Schooner William P Hood Schooner Gracie D. Chambers Schooner Annie B. Mitchell and others. Contains lines for British steamer Gadsby and Bayonne along with German steamer Von Hugo and several craft under William P. Clyde & Co and Hager, Groves, and Cummins firms.

Gadsby Robinson Rotterdam B. Richard & Co Bayonne von Hugo Savona Philip Ruprecht Gulf Stream Tunnell Richmond William P. Clyde & Co Benefactor Swain New York Richard Willing McLaughlin Baltimore Groves Ericsson Grace Williamsport Godfrey New Bedford Annie B. Mitchell Mehaffey Boston Hardt & Cummins Alma Wallace Boothbay Haldt & Cummins

Breakwater Passes as Warships Sail for Dunkirk and Antwerp

Delaware Bay and River News notes Breakwater passed out steamers including Oriflamme bound for Dunkirk and Belgium, Mexicano to Vera Cruz, and Tromp to New York, plus Elintranda to Ponce and Sea King towing barges. Listings include numerous tugs and schooners under varying headings with winds Southerly at 30 miles, barometer 30.02.

Oriflamme Philadelphia Dunkirk Nederland Antwerp Vera Cruz Galveston Ask Port Antonio Tromp New New York Elintranda Ponce Porto Rico Sea King Power Providence Eureka Boston Reedy Island Williams Grace Seymour Abbie Bowker Augusta Malcolm Baxter, Jr Portland Horatio Hyannis William C. Wickham Jacksonville Mars Alert New Castle Richard Willing Baltimore Gulf Stream Eee A Anderson Richyoo Vanow Salem Manhasset Tackenser John B. Carrington Marcus Hook Theresa Mnt Wepeves William P Falla Barge A. BR Coss SP. M Sree Rr Tad South Miles

Freights and Charters Navy Trade Rates Brief

Schooner Standard 600 tons coal from Philadelphia to Savannah at 75 cents and return to New York with lumber at 5.25 dollars free wharf. British steamer Aragonia iron ore from ye to Philadelphia or Baltimore at 8-3. Steamer Frey iron ore from aoe eer apt be Be.

Standard Philadelphia Savannah New York Aragonia Baltimore Frey

Favonian ashore at Algiers may be total wreck

Notes of the shipping report the British steamer Favonian from Liverpool has gone ashore on rocks at Algiers and will probably be a total wreck. The British steamer Chee 2 Piste 30 Jane 4 and vessel details follow with topmast and water depth noted.

Favonian Liverpool Algiers Neo Whyte

Notable Financial Directors Listed in Historical Ledger

A ledger of directors includes S. J. Livingston Erringer Lincoln Godfrey James M. Aerteen John H. Converse William 8 Grant Samuel Y Heebner William Weightman William H. Lambert William L. DuBois N Parker Shortridge John Story Jenks and William W. Frazier, detailing their roles in institutional governance.

S. J. Livingston Erringer Lincoln Godfrey James M. Aerteen John H. Converse William 8. Grant Samuel Y. Heebner William Weightman William H. Lambert William L. DuBois N. Parker Shortridge John Story Jenks William W. Frazier

Real Estate Plans for West Philadelphia and Camden Projects

Real estate news notes multiple upcoming builds and alterations. William R. Dougherty plans a three story brick residence at Ogontz Park for Charles F. Wall with Lawrence Visscher Boyd as designer. Walnut Street Theatre back-of-house work proceeds while other seven story fireproof additions, church, and apartment projects move forward. Various contracts, bids, and mortgage transactions are listed across West Philadelphia, Hunting Park, and Camden properties with architects Furness Evans Co, Milligan Webber, Trumbauer, and others cited.

William R. Dougherty Sansom Street Ogontz Park Charles F. Wall Lawrence Visscher Boyd Harrison Walnut Street West Philadelphia William K. Dougherty Forty-seventh Street Kingsessing Avenue Furness, Evans & Co Covington Stokes & Co Pennock Brothers Messrs. Croft & Allen Ludlow Street Thirty-third Street James Armstrong M. Kennedy F. L. Hoover & Sons Banstead Street Huntington Valley Golf Club Horace Trumbauer Land Title William Steele & Sons Witherspoon Seventh Sansom Walter A. Drysdale Hale Fifth

End of a Receivership for Wellman Steels

Chester June 7 The receivership of the Wellman Steel Company ends with the plant valued at 5 million dollars and six years of court control. Creditors will receive about 24 percent after a 1 percent reserve is divided. An ongoing corporation now runs the mill in all departments.

the Times Chester Wellman Steel Company

Also Mentioned on This Page

Foreign Financial News U. S U. B Etree DeHaven & Townsend Stock Commission Chestnut Street Spa Elon Alt Co Ernie Ony Choctaw Okla Idated Traction N. J Consol, Ction of Pitts Nsol c Danville Bessemer Ielec, Co Fairmount Park Trane Fidelity Trust Insurance General Electric Automobile Manufacturers’ Bank Mechanics’ Bank Wee Etewe New Haven Iron & Pee Northern Pacific Trust North Pennsylvania Northern Pacific Pf. Pine Peenenan Sare Philadelphie Mk Electric Hhiladelphia Traction Reading Trust Tron & Steel Heer Ceresenes Ene Lanigh Valley North Penna Beth, Steel Penna Wet Nor. Pac. Com Ogg Sy E Steel N. J. Traction Pew Ins Co N Phila Seaeereae Penna Ban Cambria Steel Atchison Penna Valley Uperior Aidi Rwys Deer Areden Eee. Steel Dees Eeneree Eewenee Fe Pe Traction Beth Sun, Ir. & St Daeweneeeeigh Valley Peeth Inter. Pew Cambria St Penna Wtenens Dany Philatric Marsh Rd. Ist Pf St.p Ana Son Ont Nor, & Wes Beate East Ohio North Pacific T.s Brook Col Brunswick Can Ches. & Ohio A & East Flint & Pere Chi Sri. & St Pal St. Louis S St. Louis Del Dan. &W Southern Rwy Erie Tenn Coal & Reas I. P Texas & Pacific Federal Steel Third Ave R. Lilll Eeese Union Pacific i General Electric Eae Illinois Central West Tel L. E Iowa Central Lake E. & Ww Alb Sus Atchison Gen Atchixon ‘Adj Sneer Obio Southwestern Se Trust Co Eater Georgia Georgia Ist Inc N. J Ohlo Pacific Ia & Ey E. Il South Ist Rio A. Mextee Ing Valley Tex Cen Xenay Pacifie Eeese Lake Sere Weateea Unifi Mo R Louisvil Nashville S. m. A Deseseeere & Nashville Louisville & Nashville St. Louis & Iron Erereee Mino «& St L Louis W. Ist Kans & Texas St. Louis Inc Pac Seeeseees St. P Dui EL Ee Ariz el. L B. N. Y. Ont & West Tex Nor. & West Tex. & Pac Tol & O. C Nor. T Nor. Pac Ist Union Pac Wewrsee Va Rio Gr. West San Fi Vieoa Oe United Railways New Jersey Traction Asphalt Sa Aan Tee Eee Ene Wean Electric and People’s Sks Voy Eee Sprnene Ks Se Works North Pennsylvani Hester Philadelphia Electric Reading Ist Pela Read Denign Yeney Ppwepie Elec Aee Equitable G Gas Eleale Ueereareses Pensvaniare Equitable Gas Philadel In Co New York & Penna G. Ae Lehigh Valley Coal Indiana Boston Stock Exchange Wormeers George J. Gould The American Surety Company of San Francisco Percy M. Chandler Chandler Brothers & Co Chicago Board of Trade Andrew McKinney Kansas City, Mexico and Orient Railway New York Central Reading Union Traction Company Royal Baking Powder Company Northern Pacific Maxwell Torrington Standard Railway Pennsylvania Railroad Adeputeh Buenos Ayres Argentine Ascuncion Paraguay oRay nag + ge Republic Chicago and Northwestern Davies Suger Miellers Havemeyer Suger Post Nationa Sugar Company Rosela Kall Street Wilmington and Brandywine Springs Electric Railway Company Robert ©. Justis L. H. Ball Thomas F. Barry H. F. Dure, Jr Richard W. Crook Chicago and Northwestern Railways M. Prevost Norfolk and Western Board of Directors William E. Glen Financial Chronicle Texas New York and Queens County Railway Company Long Island Queens County Queens Phibia Interests Stock Exchange Third Walnut Streets Merchants Exchange Agaio Ballin Pneumatic Horse Collar Company Stouatena Charleston Virginia Chicago Drexels Howard Congregational Home Missionary News OF the Shipping World Port OF Delaware Bay and River News Philadelphia Trust Safe Deposit and Insurance CO Chestnut ST Wil M L. Dubois Edmund D. Scho Sec’y Henry B. Russell Henry B. Helffrich Mnewsburger Unser U0s Bankera Y Log FIOR/ BROWERS invesement SECURITIES Fourth ST Rouvillot & CO New York and Chica Toven Waller & CO Walnut St N.Y Real Estate News Bainbridge Street Thomas J. Costello Frank Rittenberg Catharine Twenty-second Streets Northwest Corner Jos BK. Clausen Charles H. Vickerman Euclid Avenue Emma M. Suelke Margaret A. Egan Forty-third Street East Side Arthur N. Taylor Barbera M. Jackson Fifteenth Street Joseph P. Egan Franklin Street Northern National Building and Loan Association F. Lyon Hunting Park Avenue Charles H. Cheyney Stephen B. Tily Aencesnestreet Lowrey Charles A. Groft Staye Norrie Street Theodore B. Benade John RK. Johnson Fox Streets Landay Liberty Chemical Oy Pt Sumac Street Freeland John W. Oe A Charles Barth Samuel H. Tate Charles B. Prettyman Kens Warrintor Thirteenth Street Frederick A. Dorleto DR. Theel North Sixth St Paes Elites Feedichl and Tisctrical Quack and Pete Lobe Arch 8 Pita
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