Philadelphia Market Sees Firm Tone Amid Coal Strike Rumors
The Philadelphia market opened firmer as London price gains sparked by an unconfirmed coal strike settlement rumor lifted New York activity. Electric Storage Battery rose after a patent dispute ruling, while Union Traction climbed and bonds drifted up slightly. Traders remain cautious, expecting a long strike but watching for a possible settlement.
MENTIONED IN THIS ARTICLE
London
New York
Hazel
Buffalo
Electric Storage Battery Company
Buffalo Electric Carriage Company
Philadelphia
Reading Common
Lehigh Valley
Lehigh Navigation
Pennsylvania
Wall Street
Union Traction
United Gas
Lake Superior
Lehigh Valley Coal Ss
Philadelphia Electric 4S
Equitable Illuminating First Ss
American Tobacco
British Columbia
British Exchequer
Central Foundry
Chicago
St. Louis
Consolidated
Consolidated Storage
Consolidated Eeeee Sheen
Ominion Securities Ee Bewenees Eee
Eeeweene
Gievectes
Eeeeesenes
Empire Con
Quicksilver
Empire Steel
Ubane Ie
German Treasury
Guggenheim A
Rene
Hackensack Meadows
Petes Adencecors
Havana
Havana Tobacco
Seeee Seeeereel
al Houston
Véewease
Tiliots
Lanston
Sig National Sugar
New York Realty
New York Transportation
North American Lumber & Pulp
Otix
Pioneer Mining
Pitts, Ross
Lake Erle
Sinapeen Crawford
Southern
Tennessee
Weller
Pater
Trenton Potteries
Buese Union Typewriter
Worthington
Ian
Baltimore market shows life with United Railways strength
The Baltimore market edged up with United Railways incomes active and higher amid promotion of profits under current management and expected benefits if railways profit from Light and Power. Rumors swirl about control of Electric Light and Power, possible out‑of‑town purchase, and a merger with the Gas Co. International Trust recovered from a Thursday loss as the market sentiment improves on cheap money and rising speculation.
MENTIONED IN THIS ARTICLE
Philadelphia Times
Baltimore
United Railways
Electric Light and Power Common
Light and Power Company
Railways Company
Electric Light and the Gas Co
International Trust
Agate
Money Market Briefs From New York and London
The Money Market page notes New York call money opening at 3 percent, rising to 4 percent, with closes at 4 and loans mostly at 3 1/4 to 3 1/2 percent. Time money offered freely, mercantile paper slow to absorb, and London call rates at 2 1/16 percent. Gold moved into the Bank of England, with weekly totals and various foreign exchange rates listed for prominent currencies.
MENTIONED IN THIS ARTICLE
New York
The
Stock Exchange
Mercantile Paper
Saci
Philadelphia Time Lpans
Gossip of the Street May Reported Financial Moves
The May report of the Great Northern shows a 4 gross increase of $609,718. The American Locomotive Co. has orders from Baltimore and Ohio for 100 locomotives. The Des Moines and Fort Dodge declares a full 7 percent dividend on stock. The Southern Pacific reports a April deficit after fixed charges of $885,916. ten months show a surplus of $1,333,067.
MENTIONED IN THIS ARTICLE
Great Northern
The
American Locomotive Company
Baltimore and Ohio
Des Moines and
Fort Dodge
Ee Ee Ae
Southern Pacific
Philadelphia Consolidated Stock Exchange Trade Brief
Securities sold yesterday on the Philadelphia Consolidated Stock Exchange included listed stocks. Specific names and quantities were not provided in the readable text.
MENTIONED IN THIS ARTICLE
Philadelphia Consolidated Stock Exchange
SpectaL and Market Notes From Chicago Ledger
SpectaL to the Par Lapeventa Times reports Chicago June 6 that New York Exchange shows a 15 cent premium. Time and call loans stand at 4 4 0 5 percent. The text is garbled with fragmented terms and unclear subjects.
MENTIONED IN THIS ARTICLE
Lapeventa
Chicago
New York Exchange
General Electric Declares Big Stock Dividend in Market Move
New York June 6 The General Electric Company announced a large dividend package with a regular cash dividend of 2 percent and a stock dividend of 66 2-3 percent. The capital stock will rise from 25,242,200 to 45,000,000 restoring the 40 percent stock surrendered in 1898. The stock traded up to 334 and closed at 31 1/2. The move follows other notable stock dividends in recent years.
MENTIONED IN THIS ARTICLE
Adams Trust Company
Boston
Guardian Trust Company
New York
Pe Ame
Philadelphia News Bureau
United Gas
Philadelphia Rapid Transit
Philadelphia Electric
Electric Company of America
Morgan
United States Steel
Philadelphia Times
Wall Street
General Electric Company
American Tobacco Company
Adams Express Company
Pullman Palace Careers Ees
Eutan
Pullman
Cullene
New York Market Firm. Bond and Stock Movements Reported
The New York market showed firmer tone with year to date bond and stock totals. Bond transactions reached 2,649,000 while year to date totals stood at 437,836,600. figures compare with last year’s 578,619,170. Money rates held steady with call loans at 3a4 percent and three to six month paper near 4 percent. Several bonds declined including Kings County Elevators and related issues amid fluctuating quotes.
MENTIONED IN THIS ARTICLE
Ordo Biss Vines Ccedecpenisnecess
Iccesveeessies
Market Contraction Continues In Outside Trade
The Times reports a continuing market contraction with fewer issues traded and irregular prices. Hall Signal and American Light and Traction preferred led gains, while San Francisco Street Reltway issues cooled. Trenton Potteries proposes 4.5 percent notes for 550000, backed by a sinking fund, with stockholders to vote around July 1.
MENTIONED IN THIS ARTICLE
Hall Signal
American Light and Traction Preferred
San Francisco
Market Turns Mixed After Dull Day on Wall Street
The New York Times notes a strong but dull stock market with Canadian Pacific up 3 points yet under pressure from speculative shorts abroad. Coal stocks stay firm amid large London buying and Reading linked to English financiers. Crop reports show favorable conditions for wheat corn and oats, while bank statements and gold movements to Canada round out the day’s activity.
MENTIONED IN THIS ARTICLE
Canadian Pacific
Im Bear
London
Keene
Wall Street
Missouri
Canada
Treasury
National Bank Circulaon
Bank clearings by city for week ended June 5 1902 1901
Bradstreet's table shows bank clearings in principal cities for the week ended June 5 with year over year changes. Figures listed include Philadelphia New York Baltimore and others with amounts and variances from the prior year.
MENTIONED IN THIS ARTICLE
New York
Bradstreet's
Philadelphia
York
Baltimore
Bank Fined Five Thousand by Clearing House
Central National Bank was fined five thousand dollars by the Clearing House Association in New York for violating country check collection rules. President Langdon said the bank erred unwittingly, marking the first recorded case of such a violation and the committee’s unanimous report.
MENTIONED IN THIS ARTICLE
New York
Clearing House Association
Central National Bank
Langdon
Central National
Bank clearings trend shows May totals near record
Bradstreet reports May bank clearings from 86 cities totaling 10,842,4083 287, just 0.1 percent below last May’s record 12,756,048,864 and 5 percent under April’s exchanges. The May figures rank sixth best, topped by January and May of last year and January, April, May of the prior year. New York gains 585, while Sub-Treasury receipts fall 2,025,000 since Friday. Merchants National Bank becomes reserve agent for Rockingham National of Harrisonburg Virginia.
MENTIONED IN THIS ARTICLE
Bradstreet’s
Bank Clearin
Treasury
Merchants’ National Bank
Rockingham National
Harrisonburg
London Market Dull as Stocks Show Mixed Movements
London reports firmer tendency on the Stock Exchange with larger volume and a partial recovery in consols. In Paris, French rents rose while Spanish bonds and rails varied. Berlin notes quiet international securities, a firm Transvaal on loan news, and a Berlin railway capital increase of 7.5 million dollars.
MENTIONED IN THIS ARTICLE
Boston
London Times
New New York Times
Paraselphia Times
London
Stock Exchange
South Africa
Berlin
Canadian Pacific
New York
Transvaals
Buenos Ayres
Madrid
Lisbon
Rome
Paris and Berlin financial notes June 6
Paris reports three per cent rentes at 101 francs 80 centimes. Berlin shows London exchange at 20 marks 48 pfennigs for checks. Bank of England balance today records bullion imports of £149,000.
MENTIONED IN THIS ARTICLE
Paris
Berlin
Exchange
London
Bank of England
Bradstreet's Trade Review highlights mixed signals in June
Bradstreet's reports strong railroad earnings and heavy bank clearings amid dull trade and ongoing industrial unrest. Boer war end may boost exports while coal and bituminous strikes threaten production. food prices rise and harvests look favorable with record wheat and corn exports for early July.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
Virginia
Kansas
Oklahoma
Cpntim
Trade Review foresees gains from South African peace
Dun's Weekly Review notes peace in South Africa improves outlook for foreign industrial markets and gold mining to aid monetary circles. Domestic demand limits immediate gains, but rail and steel demand rise and orders remain large. Labor disputes depress earnings but overall conditions show positive momentum despite strikes and car shortages.
MENTIONED IN THIS ARTICLE
South Africa
Dividends Declared By Pummerteen Grass Twine Company
Dividends of 1 percent for the quarter were declared by Pummerteen Grass Twine Company of New York and Colorado. The payments are scheduled to be payable on July 1. The notice lists the names Roston and Colorado One pany as recipients or related parties.
MENTIONED IN THIS ARTICLE
New York
Central Ga
Con
Mo. Pac
Ewes
Mob. & O
Aeserees
National R. A
Tae Tee
Staren Man. Co
Petes Sess
Voeges
Norf. & W
Ches
O. Gen
Aeereree
Eeesane
Wat
A. Pocoh
C. Chi
Nor. Pac
Nor. Onak
Anl
Nor
Wis
Sh. L
E. Eebeevens
Stones Trust
Col
Ued
Preccsucee
Mid
Steeenaee St
Col & South
Bt. L
Acepeves Unifi
R. G. Con
Detroit
M&m Ld
Seaboard
South Ohio
Dist. Co
Amer
E. Tenn Va
Bates
Pac
Cal
Erte
Beets Southern Railway
St Erie
Ss. L
TOM Tee
Estes Eee
Fr. Scott & Stand
Tol St
L & West Kings
N. Unl
N Col
Leh
W. B. Coal
Manhetten
West Side
Ist Inc
2D Inc
Oman
IV Mo. K
Ore
Pac Trust
Pummerteen Grass Twine Company
New Pagater
Payabie i. Sais Roston
Colorado
Emer Peocty
Osper
Pagabe
Also Mentioned on This Page
Bell Telephone
Phila. Traction
Cambria Iron
Philada
Cambria Steel
Diam
State St
Penna
Tidewater Steel
Amer. Railways
Eos Electric
Phila
Flec
Reading
W. N.Y
Elec
Welsbach
Molls
Cambria Transeere
Es Electric
Star
Lehigh
Lehigh Valley Peco
Steel
Phila. Electric
Poila, Traction
Anys. Co
Teeseee
Ene Pref
Mending Trust. Co
Tion
Tidewater Bien
Baltimore Stock Market
Boston Stock Market
Pittsburg
Canton Company
Amalgamated Copper
Old Town
Third National Bank
Seaboard Ae
South Bow
Carolina
Charleston
Consol
Seuibova
Close
Amer. Pneu
Bingham Mining Hoston & Albany
Calumet & Hecla
Upper Sone Dominion Iron & Te
Franklin Mining
E. Gas & Coke
Ning Tee
Trinitining
West End
Oe Pd Mining
Tosee Feait
Phila. Elec
Phila. Co. Con
Los
Tee Weateengs
Seteeee Ewesones
American Cement Sevesee
Iron & Steel
Crucible Steel
Seteuer
Engel Brewing
Teteeeere
Suk
Bethlehem Steel
Frank Steel
ST Gas
Nat Fireproc
Brooklyn Gas & Electric Light
River Coal
Camden
Pittsburg Coal
Pittsburg Brewing
Ate Steel
Staee
Eee
Bonds Company of Storage America
River Cos
U. 8
L. E. Con. Bs. Iy
Scvmsawwases
Vn S
Peete
Pennsylvania Electric
Pennsylvania Salt Manufacturing
Aay
Pennsylvania Steel
Philadelphia Bowee
Philadelphia Electric Trust
Southern Cotton Oil
Susquehanna Iron & Steel
Tel. & Cable
Tidewater Stee
United Gas Improvement 121
Warwick Iron & Steel
Welsbach Company
Ee Welsbach
Westmoreland
Cramp S
Werner Enwese
E . Engi
American Railways
Buffalo Allway
Trenton
Wee
Columbus Street Railway
Citizens’ Passenger Railway
Wee Tenet
Consolidated Traction of New Jersey
Ontinental
Consolidated Traction of
Cent
Dawn Traction
Duquesne Traction
Steers Fairmount Park
Haddington
Ieee
Fairmount Park Transportation
Frankford & Southwark
Philadelphia City
Philadelphia & Gray's Ferry
Eascacee
Philadelphia Traction
Waaee
Pittsburg & Birmingham Traction
Railways Company General
Bee
Readin Traction
Rochester Railway
Tate
Scranton
Thirteenth
Fifteenth Streets
Union
Union Traction, Pa Co
United Power & Transport
United Traction
United Railways & Electric of
West Philadelphia
Antes
Wilmington
West Chester
Chicago Union Traction
Chicago Ci Railway
National
Amond
Northwestern Elev
Quaker Oats
John H. Packard, Jr
American Fire Insurance Company
Richard Maris
National Bank
Shoe and Leather Mercantile Agency
United States
Cambria Iron Company
General Fund
Attonad
Philadelphia Consolidated
St Paul
St Paul Ween
Atchison
Central
Sic
Chicago Stock Market
General Electric
Central of
Pref. Inc
Stan, R. & T
Am, Sp
Mfg
Kings Co
Ind
Butterick
Fuel & I
Pacific
Louis, & Nash
Locomo
Anaconda
N. Y
Pacific Mall
Texas & P. Stilt
Meena
Amalj
T. & Santa Bee
Butterick Co
Canada Southern Ny
Hes & Obio
Chicago & Alton
Chicago Gt
West
Eh Ind
Lou
Ht & Pac
Traction
Contin
Tobac
Ally
Shea Dela & Hudson
den & Rio
Hocking Valley
Illinois Central
Kan City
Say
Louis Nash
St Rwy
Jae
Mex Central
Mion
St L
Pacific Maiwnees
Ir. & Steel
Rub
St. L
GAN
Simtbert
St. A
Sean
Balto
the Times
Tomor
Trenton Potteries Company
Bay
Am. L. & Traction
Bay State
California
Camden la
Montreal & St
Buffalo Gas
Chic., Co. & St. L
Rubber Tire
Trenton Gas & el
Union Ferry
United Bus. of
SE Bieel New Sawil
NEW York Times’ Review
Morrow
Minneapolis
New Orleans Steerer
Detroit Seterrereence
Loulaville Sheen Wewes OO
Indianapolis
Providence
Omaha
Milwaukee
Uta
St Joseph
Denver
Savannah
Richmond
Salt Lake City
Serene
Wees
Cael
Albany Angeles
Teaee
Memphis
Fort Worth
Seattle
Steee
Washington
Teeee Eee
New York Clearing House
Sugar Trust
Standard Oil
Harriman
St. Paul
Union Pacific
Sugar Trust Mo
Saris
Pate
Bourse
M. Bouvier
Thomson-Houston
Sosnovice
Rio Tintos
Kaftirs
Boerse
Ohio
Gt West
Paul
Erie
Ul. Central
NY Central
Trade Review
Dun's Trade Review
R. G. Dun & Co
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