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Newspaper

Philadelphia Times

Location

Philadelphia, Pennsylvania, United States of America

Date

Jun 09, 1901

Page

9

Money on Call and Clearing House Rates in 1901 Markets

Money on call offered freely at low rates with light demand as borrowers seek continued cheap funds. Rates 3 1/2 to 4 1/2 percent for 30 days to four months, industrials allowed, mercantile paper in good demand. New York clearings for the week totalled 1.89 billion with 21.5 million balances. this week’s activity trails earlier yearly highs. Paris money easy while Berlin and Hamburg advance, open market rates list Berlin Frankfort and Amsterdam at about 3 1/4 to 3 1/2 percent.

Mercantile Telegraph Chicago Cecsseuses Borcor Bouvea Ad Blyadly Philadelphia Veka Cere Baltimore Paris Berlin Hamburg Frankfort Amsterdam Vienna Wis St. Petersburg New York

Bond market closes with yesterday quotes vs Friday

Yesterday's closing quotations for government bonds are shown compared with Friday figures, reflecting shifts in yields and price levels across maturities. The data highlight changes in benchmark Treasuries and related issues, indicating market sentiment and liquidity conditions for the day.

American Telephone stock rights issue announced

The American Telephone Company circular informs stockholders of a new stock issue of 25 090 shares at par and the right to subscribe at one new share for every three held. Subscriptions run to July 15 1901 with partial payments due August 1 1901 and January 15 1902. No interest on advance payments. Certificates issued after payments.

American Telephone Company

National Bank Returns Detailed by April 24 Figures

Washington reports show national banks’ condition totals as of April 24, with year over year comparisons for 1901, 1900, and 1899 across discounts, due to other national banks, and due trusted agencies, highlighting shifts in credit and liabilities.

Washington Comptroller

New York Bank Statement Week Ending Figures

New York banks report for the week ending today showing loans at 587,900,100 with an increase of 21,284,400 and deposits at 972,118,800 rising by 10,720,600. Circulation falls to 30,983,400 down 160,200 while legal tenders drop 821,100 to 77,341,500. Specie declines 2,100,300 to 170,020,700 and reserves hold at 200,371,200 with a crease in surplus to 13,341,500, down 7,011,550.

New York Associated Banks of

European stock markets face weak discounts amid scarce activity

London opening shows tentative gains but thin attendance as money remains abundant. American, French, and British finance factors mix with looming deficits and war costs. gilt markets diverge while a potential autumn money crunch risks heavy gold outflows to the United States.

London Stock Exchange Baltimore Louisville New York Paris Berlin Bank of England United States Europe France Germany Russia

Closing London Prices Before New York Open

London market closes with mixed gold and shares as traders await Wall Street. The FTSE and blue-chip indices show modest gains and declines amid薄 global cues ahead of the NYSE opening.

London New York Stock Exchange

Paris Bourse shows dull trading and mixed sentiment

Paris June report notes a dull session with no Berlin mining activity and iron markets in low spirits. Banks were firm early on due to Bourne law reform hopes but weakened as mining shares fell. Government securities remained well maintained.

Paris Berlin

Berlin Money Markets Report on Discount Rates

Berlin on June 6 reports London exchange at 20 marks 44 pfennigs. Discount rates for short bills and three months' bills cited at 3 percent and 34 percent respectively.

Berlin London

Outdated Gala Prize Listing From Buenos Ayres

Fragmentary transit of prize values and locations includes Buenos Ayres 194.80 Muara 51.00 brisbon 41 home 8 5.25 with unclear context or date, suggesting a catalog or ledger entry. Entities include Buenos Ayres Muara and potential numeric codes.

Buenos Ayres Muara Brisbon Home

Market Rally on Wheat Receipts and Prices

Receipts totaled 36 919 bushels with 413 633 stock and a firm market advancing sharply under light offerings. June futures at 56 7 tenths bid 57 tenths asked. car lots for No 2 Pennsylvania red around 77 or 78 cents. mixed and red lots quoted with bids and asks shown. export inquiries light and no option trading.

Argc Pennsylvania Delaware

Grain Market Reports With Varied Flour Quotations and Prices

Receipts total 2 427 barrels and 953 548 pounds in sacks as buyers focus on actual needs. Market tone remains steady amid moderate offerings from mills with quotations for Winter super to patent and related products, plus rye flour and feed items.

City Mills

Market Toward Weak Demand for Hay and Straw

Receipts totaled 420 tons of hay and 5 cars of straw. Hay supply was ample but demand weak while eye straw held firmer and fair demand with light offerings. Quotations list various Timothy hay and mixed hay grades, straw rye and oats, and wheat prices.

Market Dull as Prices Favor Buyers with Broad Offers

The market shows weak demand and buyer advantage with generous supplies of solid-packed and prints. Quoted levels include solid-packed extra 19 cents, firsts 18 18 and a half cents, prints extra 19 cents, and jobbing 20 to 24 cents.

Market Quiet as Prices Narrowly Steady for Dairy

The market was quiet with ample offerings and barely steady prices. New York full cream small boxes choice 94c, New York new full cream fair to good 84a0%Qc, part skims as to quality 67%4c.

New York New York New

Egg prices ease as demand stays light across regions

Demand for eggs was light and prices softened slightly with ample supplies. Quotations show Pennsylvania and nearby markets with losses, Western markets down a shade, and fair to good, fresh eggs priced at 12 to 13 cents per dozen.

Pennsylvania

Auction Prices For Fowls At Former Tates Yard

Quoted prices show fowls and hens in moderate supply. Old roosters offered at Tc. each. Spring chickens weighed 3 to 4 pounds per pair priced 22 to 25 cents. Lighter spring chickens 1 to 2 1/4 pounds per pair priced 16 to 20 cents.

Dressed Poultry Market Steady With Steady Demand

Dressed poultry prices held steady as demand matched offerings. Fresh-killed fowls choice 10 cents, Sac. old roosters 6 4 4 cents, broilers locally sized 25 to 35 cents, Western dry-picked 22 23 a cent, scalded 18 to 20 cents, frozen chickens 11 to 13 cents.

City meat prices quoted by quota in 19th century listing

A jobbing price list shows city beef in sets and knuckles smoked and dried at 12 to 18 cents, Western beef sets at 12 to 16 cents, beef hams around $19.50, pork family at $17 to $17.50, Hams and shoulders cured and smoked at various cents per pound, lard refined in tierces or tubs, breakfast bacon by brand and average, and bellies and other pork products priced by weight and brand.

City Beef Tierces

Quiet Saturday trade shows steady fruit prices

Market activity was subdued with no major price changes. Quotations include apples at 4.50 to 5.0 per barrel, oranges from St Michaels to 3.75, navels 2.75 to 3.50, strawberries five to ten cents per quart, and Florida watermelons listed at 5.0 to 6.0 per 100. Cantaloupes and peaches from Florida also cited.

St. Michaels Florida Cantaloupes Georgia Havana

Saturday Market Quiet with Steady Vegetable Quotes

The market showed little activity as usual on Saturdays with prices mostly unchanged. Potatoes lead with varied quotes by region from New York to the South, while cabbage, cucumbers, beans, cabbage and tomatoes show small regional differentials and limited supplies.

N. Y Michigan Southern Norfolk Charleston Savannah North Carolina Florida

Market Report on Limited Requests and Price Quotes

Prices held steady for limited requests and lists with McCahan still accepting prompt offers at 5 points under quoted rates. Hefiners announced rebates of 1 cent per 100 pounds after 30 days, detailing various confectionery and sugar grades with specific prices from Dominoes to confectioners' A and soft grades down to No 16.

McCahan

Cotton Market Quiet but Firmer on No Basis

Cotton was quiet but showed slight firmness in middling upland grades with no basis of settlement per pound. Trading remained subdued as buyers awaited clearer price signals from lenders and merchants.

New York Prices for Flour and Grain Markets

New York prices show flour receipts at 25 201 barrels with exports 12 001 barrels and mixed wheat strength. Rye flour ranges 2 80 to 3 10 per cwt while cornmeal remains quiet at 96c. rye dull at 50 pct fob. malt and barley markets show steady to dull tones with various quality grades. Wheat and barley values appear unsettled amid shipments and regional notes.

New York City Brandywine

Market report shows mixed commodity pricing across grains and livestock

Receipts and futures mix with corn, oats, hay, wool, and hogs quoted. Wheat and coffee trade on firmer tones amid crop news. cattle and sheep markets vary by region with steady to lower tones and robust hog sales in Cincinnati and Chicago districts.

Cincinnati Liberty Chicago Texas Fed Texas

Cotton rises as shorts push market higher in New York

New York reports a steady open with cotton advancing 4 to 7 points amid active buying for investment and shorts covering. The West and South show mixed flows with July, August, and October futures moving up before later profit-taking trims gains.

New York West Wall Street Chronicle Liverpool Joly

Wheat and corn trade calmer in Chicago morning session

Chicago prices show July wheat up 0.5 cents after early drop on rain in Kansas and Oklahoma, July corn steady amid cool weather. oats unchanged. Wheat exports reported, receipts total 472000 bushels. prices ranged around 73 to 73 1 3 cents. Pork and lard led the higher in provisions with July hogs and lard advancing.

Chicago Kansas Oklahoma Seaboard Minneapolis Duluth Cuenca

Minneapolis Prices and Grain Quotes in June Market

Minneapolis reports cash and futures for wheat with July and September at 68 cents and a range of No. 1 and Northern varieties. Flour prices show steady activity with patents and clears quoted. bran bulk at around 11.50 to 11.15 per hundredweight.

Minneapolis Bard Northern

Unclear Trade Report on Beef Shipments and Cattle

A terse New York market note records receipts of 1 002 bead to trading with steady cables. Shipments include 1 210 cattle and 5 076 quarters of beef.

New York

Global economic currents outlined in Cobbled 19th century notes

A sweeping roundup lists vast sums in copper combinations in the Northwest 235 million dollars prospective Prussian grain decline 60 million and rising U S shipbuilding 2000 ships annual growth. It notes Philippine timber laborers oil storage in California Oaxaca trade union themes rail locomotives Brazil France Japan Mexico and US crop and coal trends.

Northwest California London Times United States Sweden Norway Denmark Gilsey House New York National Association of Credit Men Philippines Ohio Illinois Bordeaux Bayonne France Wheeling W. Va Cleveland Toledo Detroit Port Huron Mich Japan Mexico Rilo Santos New York Central W. H. Neuman Virginia Southwest Yucatan Pennsylvania

Dividends Declared by Rail Firms This Quarter

Twin City Rapid Transit declares 14 percent quarterly on preferred stock payable July 1. Des Moines and Fort Dodge Railroad pays 7 percent annual on preferred stock August 1. Chicago Great Western Railway declares semi annual 2 percent on preferred A and 2 percent on preferred B stocks, with July 1 as the payment date. Books close June on preferred A and June 22 on preferred B, reopen July 2.

Twin City Rapid Transit Des Moines and Fort Dodge Railroad Company Chicago Great Western Railway Company

Specie Exports and Imports Reported in New York

Exports of gold for the week ending today totaled 6,563 dollars all to the West Indies and silver exports reached 1,020,744 dollars mainly to London. Gold imports stood at 36,501 dollars mostly bullion from Central America and bullion from France added 4,453 dollars with silver at 75,003 dollars chiefly bars from Mexico. Since January 1 the gold total is 1,135,173 dollars and silver 1,721,088 dollars compared with 1900 figures of 1,299,071 dollars gold and 14,810,940 dollars silver for the same period.

New York Custom House West Indies London Central America France Mexico

Liabilities Exceed Assets of Wall Street Broker Sickels

New York June Liabilities of Charles R. Sickels a Wall Street stock broker who assigned May 8 are 173440 nominal assets 84800 actual assets 21002.

New York Charles R. Sickels Wall Street

Jersey City Man Held Over Morgan Forgery Charge

James Van Buren of 212 Warren Street Jersey City was arrested Friday on forgery charges asserting he forged J Pierpont Morgan signatures on checks. He appeared before Magistrate Cunningham and was held to await New York requisition papers. Van Buren admitted his identity but denied forging Morgan. He was employed at Boscher 2 Teen New Yorkee where Morgan’s checks were printed. detectives estimate the total forged sum will reach about.

James van Buren Warren Street Jersey City J. Pierpont Morgan Cunningham New York van Buren Boscher 2 New

New Companies Chartered in Delaware

A certificate of incorporation was filed in Dover for the Aurora Buildings Company of Chicago with capital of 250000 dollars. Also listed is Attomette Lubricator Company, a Philadelphia firm, as part of the day's charter notices.

Dover Del Aurora Alinings Company of Chicago Capital Attomette Laubricator Company

Jewish Rabbis to Visit for July Conference

The Central Conference of American Rabbis announces its twelfth annual meeting in July. The five day session begins July 2 at Temple Keneseth Israel with services at Rodef Shalom and lectures by prominent rabbis from New York City Cincinnati Baltimore Milwaukee and Chicago. The event marks 144 regular members and four honorary delegates, with officers including President Joseph Silverman and Vice Presidents Moses Mielziner and Max Landsberg.

United States Central Conference of American Rabbis Temple Keneseth Israel Broad Street Montgomery Avenue Temple Rodef Shalom Broad Mt. Vernon Streets Keneseth Israel Joseph Krauskopf M. Mielziner Conference of Cineinnati Joseph Silverman New York City John Wanamaker Talcott Williams Cyrus Adler Smithsonian Institution Washington Raphael Benjamin Oscar J. Cohen Texas Aaron A. Lowenheim Max Co. Carrick Fort Smith Ark Rabi Abram Hischler Chicago M. H. Harris D. Braunstein J. M. Magill Ligonier Indiana Charles 8. Levi Peoria Joseph Stolz Conference Quarterly Review Louis Grossman S. H. Sonneschem Des Moines A. Rubenstein Baltimore M. Salaman Wilkesbarre B. G. Hirsch Cincinnati M. Schlesinger Albany Willow Grove National Farm School Doylestown Harry H. Mayer Kansas Morris Newfield Julius H. Meyer Milwaukee M. Sanfield Memphis W.S. Friedman Denver A. S. Anspach Scranton Committee On Temple Shalom Broad and M. J. Gaies Cleveland A. 8. Isaac A. Kaiser William Sprager William Lowenberg Central Conference of America Rabbis Detroit Mich I. M. Wise Canada West Indies Moses Mielziner Max Landsberg Rochester Charles 8. Levy Rudolf Gross Man G. Deutach

Philadelphia Capitalists Buy New Haven Street Railways

United Gas Improvement Company completes negotiations to transfer the New Haven street railway system to a syndicate led by its stockholders. The deal, about 2 million dollars, includes the Fair Haven and Westville Railroad and the Winchester and Fair Haven lines, with formal transfer expected within two weeks after a two year negotiation.

United Gas Improvement Company Nery Haven Street Railways U. G. LI Connecticut Lighting and Railway Company Fair Haven Westville Winchester New Haven Philadelphia

New York Central Chief Denies Lake Shore Vice Presidency Talk

President Newman of the New York Central Railroad said no vacancy action was taken for the Lake Shore. Rumors in railway circles claimed W. Brown, Burlington general manager, had been offered a Lake Shore vice presidency and might accept, with a decision expected late this month.

New York Newman New York Central Railroad Chicago W. ©. Brown Burlington City Lake Shore Brown

Consolidation Forms Continuous South Chicago Line

The South Chicago and Southern Railroad Company and the State Line and Indiana City Railway consolidate with a $1,000,000 capital. Controlled by the Pennsylvania, both roads are short links south of Chicago. The merged lines form a continuous southward connection.

South Chicago and Southern Railroad Company State Line and Indiana City Railway Pennsylvania Chicago

Mellen Refutes Resignation Rumor at Northern Pacific

St Paul Minnesota June 6 President Mellen of the Northern Pacific dismissed reports he had resigned. He stated he has not resigned and does not contemplate doing so. The denial was issued as speculation circulated following a published statement.

Mellen ST. Paul, Minn The Northern Pacific

Steel Trust Ore Railroads Consolidate in Midwest Region

Notice reports F E House general manager of the Hessemer and Lake Steel Company sent to Duluth in relation to the United States Steel Corporation operations.

Vanderbilt heirs lead as directors renew at Hudson assembly

The annual meeting of the Chicago St Paul Minneapolis and Omaha Railroad re elected William K Vanderbilt Frederick W Vanderbilt H McK Twombley and Albert Keep as directors for three years. Officers elected include M Hughitt president Eugene E Osborne vice president and assistant secretary J T Park second vice president. A 3 percent dividend on preferred stock was declared payable at the New York office August 20 to stockholders of record August 5.

Chicago, St. Paul Minneapolis and Omaha Railroad Hudson, Wis William K. Vanderbilt Frederick W. Vanderbilt H. McK. Twombley Albert Keep M. Hughitt Eugene E. Osborne Etmeet J. T. Park New York

Redemption of Internal Revenue Stamps on Checks Ends

June 30 marks the end of revenue stamp use on checks. Internal Revenue Collector McClarn and staff prepare for a rush as businesses redeem stamps purchased within two years and totaling at least two dollars. The process requires affidavits, certificates from the checkbook printer, bank and government stamp agent approvals.

Internal Revenue McClarn Commissioner of Internal Revenue Financial Institute

Also Mentioned on This Page

Broadway Bark N. Ce Con. Traction North Jersey St Bec. Ave R. R Tein Pooth St Triony United Traction Mass Trac Steen Rkalo Buffalo CN Central Union Columbus Newark New Jer Denver Gas N. As D. Co Friex & Hudson Gas Madison New Amsterdam N. E. Gas & Coke NY. & B.r.gas Co Con Northern Union Bt. Ee St. Paul Syracuse Estern Gas Ensnes American Telephone Co National Bank Returns European Stock Markets Atchison Egg Close Pete Canadian Pacific Chesapeake & Ohio Cage & Gt Denver & Rio Restos Sheen Ae Loutaville & Nashville Mexican Cent Eee Ani K Tesas Fee Calia Norfol Western Beeen Nee Xorthern Acific Bourse Aeeeea Taly Tember Thyatike Tskatbme Pacific Coast Buenos Aires India Hutter Gallie New Orleans Rio Carlova Brazil Chasin Bank Og New Yorker Penna Lines Consolidated N. VW. Herald Nantucket Shoals American Wireless Telephone & Telegraph Co New England Wireless T. & T. Co Federal Wireless T. & T. Co Northwestern Wireless T. & T. Co Atlantic Wireless T. & T. Co G. P. Gehring American Wireless Telephone & Tel. Co Arch Street Phila Halcut & Freesery B’way Walnut St State St Boston Walnut Street Fourth Avenue Pittsburg Main Street Worcester F.st N. W Guardian Trust Cuyahoga Market St Lynn Portland Providence Our Perm Barnholt Welchans & Co Chestnut Street Woolworth Bldg Lancaster Guffey Heywood BEAVY Star and Crescent Treasury Beaumont Citizens’ Consolidated Oil Company J. WA Philadelphia Agents Home Fire Marine Insurance Co San Francisco Cal E. H. Utley Bessemer Railroad BE. D. Comstock O. J. Hammond Railroad Notes Rock Island Joseph Ramsey Robert Blickensderfer Lake Erie and Western Pennsylvania Railroad Mr. Gould Wabash Railroad Ahash Baltimore and Ohio Cumberland Division Pitt
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