Philadelphia Stocks on a Boom in Local Market Rally
Local money market shows dull start but stock trading turns sharply higher with gains across United Gas, Southern Railway, Union Traction and Consolidated Lake Superior. Firms like Chandler Bros. & Co and W. C. Smith lead buying, while anthracite coal stocks stay firm and Pennsylvania issues hold steady amid broad market optimism.
MENTIONED IN THIS ARTICLE
United Gas
Consolidated Lake Superior
Southern Railway
Union Traction
Consolidated Lake Superior Common
Chandler Bros. & Co
Susquehanna Iron and Steel
W. C. Smith
Ervin & Co
Lake Superior
Pennsylvania
New York
John W. Gates
Philadelphia Company
Maryland Steel
Indianapolis
Philadelphia
United States
Baltimore Stock Market Steady With Rising Cotton Duck Bonds
Baltimore reports a quiet market with renewed interest in dormant issues. Cotton Duck bonds gain attention as the issuer improvises status and the first five bonds rise. Money on call sits at a high rate amid expectation of continued interest payments. Complete daily transactions noted.
MENTIONED IN THIS ARTICLE
Philadelphia Times
Baltimore
Securities Sold at Philadelphia Consolidated Stock Exchange
The Philadelphia Consolidated Stock Exchange reported transactions of securities sold yesterday, detailing names and quantities traded among participating brokers and firms.
MENTIONED IN THIS ARTICLE
Philadelphia Consolidated Stock Exchange
Boston Stock Market Report Shows Firm Trading and Bond Interest
Boston June 10 market limited activity with firmness and signs of investment inquiry ahead of July disbursements. Bond activity featured notes netting four percent or more on purchase price. The report lists the day’s high low and closing prices for active stocks against yesterday’s final figures.
MENTIONED IN THIS ARTICLE
Boston
New York Stocks Mixed as Markets Drift in May Notes
Sub-Treasury shows New York banks lost 1.445 million since Friday. Schloss-Sheffield posts May quarter earnings 307,617 up 67.5 thousand. Weepah Gold bid 75c for 50,000 shares, not filled. Keystone orders private 250-telephone system for Union Traction. NYSE memberships traded at 75,000, below record.
MENTIONED IN THIS ARTICLE
Treasury
New York
Schloss—Sheffield
Market quiet on stock and money markets with gold growth
June 10 reports show stock exchange opening at low levels with loans around 3 percent and mixed collateral rates steady. Treasury notes contrasted by rising gold certificates and record Treasury gold holdings, while London and continental rates drift and sterling remains dull.
Outside Market Shows Activity Amid Broad Dullness
The Times reports a stronger outside market in parts yesterday with more activity than in ten days, led by a few stocks. Copper group, especially Tennessee Copper, drove gains with a rise to 15 in thin trading. United Railways of St. Louis 48 bonds also traded actively amid rising earnings and bond sales.
MENTIONED IN THIS ARTICLE
New York
Times
Hst
Copper Group
Tennessee Copper
Tennessee
Greene Consolidated
Union Copper
United Railways of
New York Market Strength Fades in Mixed Trading
Stock activity in New York shows gains and declines across sectors with notable advances in firms like Detroit Gas and Hocking Valley while Peoria & East and several others slip. Bond yields edge higher on long and mid terms as three to six month papers quote around 4 percent. There were no declines recorded in some listings, while net changes in stock quotations show fluctuations of about one percent or more.
MENTIONED IN THIS ARTICLE
Lee
Amer
Ohio
Brook Rap Tran
Brunswick
Butterick Co
Canadian Pacific
Ches & Cho
Chic & Alton
Chicago
N. Ww
Chin &P
Trac
Cc & St
Col & South al
Col &H
Hudson Bass
Detroit
Erie
Asi Bsi
Evans, & T
Neo Fuller Co
Airid
Hocking Valley
Ilinois
Iowa
Kan
Met
St. Rwy
Aes
Eb. Fete
Co. A
Issourt
N.Y Central
N.Y
Pacific Mail
Aly
Eaee
Joe
St. L
L. G
South
Pacific
Bsouth
F. N.Y. Centra & St. Soc
Chie
GOR
Ahl C
Peoria & East
C. of Ga
Moe
Ea. Con
Res
West
D.M
M. Lg
Tol. P
E. V
Ga.c
West Shore
Mo. Pac. Cal. Ss
Market ends strong on widespread gains and speculation
The New York Stock Market turned decisively higher after an hesitant start with volume about 276000 shares, led by Northwest, St. Paul, Union Pacific, Atchison and Missouri Pacific. Buoyant crop news and rail earnings aided, while bankers hint at unseen stimulants from big interests and a favorable Burlington President Harris forecast of more railroad business next year.
MENTIONED IN THIS ARTICLE
New York
Times
Northwest
St. Paul
Union Pacific
Atchison
Missouri Pacific
Southern Railway
Wabash
Standard Oil
Vanderbilt
Morgan
July dividends boost Wall Street expectations
In New York on June 10 the declaration of dividends by major industrial and railroad firms signaled large July disbursements. Sloss-Sheffield Iron Union Bag and Paper preferred shares 14 percent, Mor genthaler Linotype 2½ percent, Manhattan 1 percent, and Western Union 14¼ percent quarterly dividends were noted as recommended by its executive committee.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York
Wall Street
Sloss- Sheffield Iron and Union Bag and Paper Company
Mergenthaler Linotype
Manhattan
Western Union
London Market Quiet As Buying Favors St Paul and Atchison
London trading today was light with about 8 000 shares changing hands and only two stocks seeing substantial demand. Private cables report a planned London meeting between J P Morgan and Edward Keene amid indications of an important conference.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York
London
Canadian Pacific
St. Paul
Atchison
Morgan
Mr. Keene
Keene
Florida
Mr. Morgan
Short Interest Tops Market As Crop Prospects Improve
Leading stock houses note extensive short interest in coalers and grangers driven by earlier coal strike and crop prospects. Recent crop data show winter wheat better than expected and spring crops promising, reducing liquidation fears despite prior sale pressure.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York
Stock Exchange
Gates selling Northwestern in New York market action
Northwestern common rose 2 percent to 2 1 2 while the preferred gained 4 percent as 2900 shares and 200 shares changed hands. A single block of 1100 shares was sold to a single banking house seen as absorbing stock. Core Frick crowd buys. Gates interests offload, with broader market implications noted.
MENTIONED IN THIS ARTICLE
GATES
Northwestern
Philadelphia Times
New York
Northwestern Common
St. Paul
Dividends Declared by Various New York Firms
Dividend notices show The we Elevator Company declares a regular quarterly percent on preferred stock with payment due July 31. New Bag and Paper Company posts 14 percent on preferred stock payable June 20. Manhattan Railway issues a 1 percent regular quarterly payment. Chicago Great Western Railway declares 2 percent semiannual on preferred stock. Mergenthaler Linotype Company approves a 2 percent quarterly dividend payable June 20.
MENTIONED IN THIS ARTICLE
Chicago and Great Western
St. Paul
The
We Elevator Company
New York
Ner
Nieuw Bag and Paper Company
Manhattan Railway Company
Chicago Great Western Rkaiiroad Company
Mergenthaler Linotype Caenpane
London Stock Market Dull With Broad Downtick
London stocks closed largely lower amid dull trading and easy money rates. Consols slipped to 96 percent for money, while Canadian Pacific eased to 138 percent. Rio Tinto firmed late, Kaffirs steadied, and Spanish 4s hovered near 80. The Paris session opened calm but Turkish bonds weakened on a rumored conversion plan delay.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
New York
Paris
Rio Tintos
Berlin Market Quiet as Coal Output Cut Bets Reach
Berlin financiers edged higher on local shares as realizations softened prices. Mine stocks gained on news the coal syndicate plans lower output from duty 1. Canadian Pacifics fell in line with New York advisories. Transvaal rails traded broadly as markets digested the day’s reports.
MENTIONED IN THIS ARTICLE
Berlin
New York
Transvaal
Bank of Germany Weekly Statement Shows Mixed Movement
Berlin June 10 The Imperial Bank of Germany reports cash on hand up 8 56 million marks treasury notes up 300000 marks other securities down 25 56 million marks and notes in circulation down 33 48 million marks The report details changes in liquidity and monetary stock.
MENTIONED IN THIS ARTICLE
Bank of Germany
Berlin
Imperial Bank of Germany
Treasury
Foreign financial notes and money supply in Europe
The article details currency rates in Buenos Aires Madrid Lisbon and Berlin Paris and notes gains in English provincial clearings. It cites a London financial review saying Berlin and Paris have money supplies well above local needs with the Imperial Bank note circulation under the limit and the Bank of France holding substantial gold and reduced bill holdings.
MENTIONED IN THIS ARTICLE
London Financial Review
Berlin
Paris
Imperial Bank
Bank of France
Steel Stocks Rise In New York Trading Amid Manifold Movements
Steel shares led gains in New York with independents American Car and Foundry and Republic Steel advancing. International Power rose 20 points on a 100 share transfer, while Leather Trust buoyed by pool buying led by Rickefeller. Coal stocks gained as miners sought to return to work, and Southern Railway activity reflected Gates brokerage influence and Gould brokers’ buying.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York
American Car and Foundry
Republic Steel
Leather Trust
Rickefetler
Southern Railway
Gates
Gould
Market summary of grains and flour prices and receipts
Commercial markets report dull but steady demand for wheat corn and oats. Receipts and stock figures noted with prices for No 2 red and mixed corn on rail and dock, oats on track, and flour prices and stock levels in barrels and pounds.
MENTIONED IN THIS ARTICLE
Bradstreet’s
Delaware
Ety Eatra
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Cambria Steel
Reading
Lake
Susquehanna Iron & Elec. Co
Steel
Penns. R. R
R Pa. Co
Warwick Sr. & St
Phila
Welsbach
Amie
Leb. Val. Coal Ss
Pa. & Md
American Cement
American Iron & Steel
Bergner & Fagel Brewing
Alasios Do
Tae Benter
Bethlehem Sateen
Bethlehem Steel
Cambrian Ren
Camden (Me) Land Company
Consolidated Lake
Danville Bessemer
Enee
Reneenne
Diamond State Steel
Aeve
Enene Oo Prefe. Electric Co. of America
Harrison Brothers Co
Marsden
New Haven Iron & Steel
Parkside
Sane Eenewennsylvania
Philadelphia Electric
Susquehanna Iron & Steel
Tidewater Steel
United Gas Improvement
Warwick Iron & Steel
Welshach Company
Welshach Es Wm
Cramp
West Morela
American Railways
Frankford & Southwark
Winneee
Germantown Dassen
Green & Coates
Hestonville
Paitanapelis Street Railway
Philadelphia City
Philadelphia & Gray's Ferry
Philadelphia Traction
Scranton
Thirteenth & Fifteenth Street
Union
United Power & Trans
United Traction of
Pittsburg
West Philadelphia
Wilmington
West Chester
Camden Land
Lake Su
Liehsetl
Phila Pennsylvania Ee
Ak Bern Railway Union
Py United Coe
Vu Leather
Glear
Jef
Baltimore Stock Market
Seaboard
Atlantic
Macad Casualty
Canton Company Howank
Third National Bank Wa Aeaee
Rwy
Seaboard Ry
Sariy
Consol
Leo
Philadelphia Consolidated
St. Toy
St Pawlo
St Paul
U S
N. E. Dame
Sunlight
Boston Stock Market
Low Close
Con Adventure Mining Ae
Amer. Poeu
America Telephone
Arcadia Mining Seer
Bingham Mining
Boston & Albany
Boston & Maine
Boston Elevated
Centennial Minin
Elm River
Franklin Mint
Consol Lly
Sree
Michigan
Tae
Homme Mining
Osceola Ning
Rutland
Utah
United States Oil
Vietor
Pittsburg Stock Exchange
Pittebure
Chicago Stock Market
Weepah Goldies
Harry
Behal
Arthur Lipper & Co
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Halifax
Diet Hana
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Union Traction Company
New York Stock Exchange
American Cotton Oil
Virginia-Carolina Chemical Company
Brooklyn Rapid Transit
Charles E. Pugh
Samuel Rea
Pennsylvania Railroad
Europe
National Bank
Clearing House Association of
Philadelhia Stock Exchange
Central Coal and Coke Company
Trenton Potteries Company
Trust Company of the Republic
New York Exchange
Pee Wis
Cioe Title & Trust
Chicago Union Traction
Chicago City
Metropolitan
Ios National Biscuit
National
Mercantile
Frankfort
Washington
Roberts
States
Paar
Seichamarks
Ted
Sloss-Sheffield Steel and Iron Com
Esterday
Tex
USS
Adams
Atch
Balt
Ptay
N. J
Ches
C. Ae & Quincy
St. P
St. i
Seeeneee Det & Mackinac
Asewns
Ea Tency
Eric-Penn
Ft & D.C
Bessebe Orm
Dees Ve. & Pav
Leh
2D Inc
Con
Ohio Se
Mont
Morris & Essex
H.R
H.R. Lee
Col
Gas L. H. & Pur
Orf
Pat
Sh. L. Teteee
Sh. L. Con
Bempiss. General
Rio Gr. W
St. Ir
Mt Rosa
St. LL
San F.rig
St L. Swn
Neon
St. Ly
Swn
Sioux City
Autres
San A. & A
Seaboard Air
Sttevese
Patbens Pacific
Touth
Pac. Col. Tr
Stand
Case Sese
Texas & Pac
Third “Avenue
St. the West
Western
Nion Pacific Ist
Omaha
Wheel
St. F
Ashy
Earenese Nasby, Unif
California Bay
Biate Gas Cor
Camden la
Central Foundry
Central Fireworks Battery
Demisios
de Etts
la Ae
W. Seit Leas
Stancard Een
Bedenee
United Copper
UN, Gas & el
N. J. Pf
Va, Iron, Coal & Cooke
Brook
R. T. New
W.i
San Francisco
United Kys
Va. Tron
Coal & Coke
Uzvefounders
Emetcas Writing Paper Co
Chicagh
Peoria & St. Louis
Eneres
Enereeene
Consolidated Refrigerating
Ae Sig Consolidated Rubber Tire
Jevese
Consolidated Tobacco Continental
Empire i
Quicksilver
Empire Ware
German Treasury
Gold Hill Cove
Hackensack Meadows
Hall
Eesavatia
Havana Tobacco
Houston
Ilinois Transportatio
International Power
Lanston Monotype
New Englan Transportation
Newark Realty
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North American Lumber & Pulp
Otis Elevator
Pioneer Mining
Pitts
Bess
Lake Erle
St Louis
Seaboard Air Line
Simpson
ST Southernight Et
Bisenne
Teftt-Weller
Trenton Potteries
Union Typewriter
Cotton Duck Universal Tobacco
Vulcan
Dante Nas
Worthington Pump
East
Bond
Wang Tau
Cis
NEW York Times’ Review
Harris
Burlington
A.light Buyer
Bourse
Louisville & Nashville
Kansas & Texas
Sky
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