Readings Prove Active Lift in Philadelphia Stock Exchange
On June 13, Philadelphia stocks showed unusual Readings support as Reading common surged, with Lehigh Valley, Consolidated Lake Superior, United States Steel and United Gas also contributing to gains. Trading remained light until late, with Morgan affiliated Electric Storage Battery and Stanley Electric deals shaping expectations of a broader consolidation in the electrical industry.
MENTIONED IN THIS ARTICLE
Reading
Philadelphia Stock Exchange
Lehigh Valley
Consolidated Lake Superior
United States Steel
Union Traction
United Gas
New York
Fourth Street
Pennsylvania
Warwick
Philadelphia Traction
Willion
George A. Huhn & Sons
Stanley Electric Manufacturing Company
Electric Storage Battery Company
Ganz & Co
Budapest
Hungary
General Electric
Westinghouse
J. P. Morgan
General Electric Company
Stanley Company
Mr. Morgan
United States Steel Corporation
Ship Combine
Morgan
Philadelphia
Cone
American Cement
Dopres Lake
Cambria Steel
Cambria Iron
Zak
Danville
Be St
Diamond Steel
Elec
Amacon
Penna
Phila Traction
Phila Co
Phila Electric
Penna i Ee
St. Paul
United Gas Tap
Union Tract
U. Steel Ki of
Cattna Power & T
Gossip of the Street Money Movements and Markets
A week of trading shows New York banks gaining $1,814,500 and Sub-Treasury losses totaling $2,366,000. Detroit Railway first week June earnings reach $68,571, while pork-barrel moves in coal, mining, and steel stock lift various prices. Dominion Coal leases gain approval at $1.6 million yearly with royalties, and United States Steel plans Pocahontas field development. Treasury balances and receipts for yesterday and the month are listed with cross-currents in finance.
MENTIONED IN THIS ARTICLE
New York
United Power and Transportation
Detroit Railway
Eeee
Sub-Treasury
Treasury
Aepete Fund
United States
National Bank
Nooo
Boston Market Teeters as Stocks Show No Feature
The Boston stock market remained inactive with no notable changes in the sugar sector. Buying of sugar was steady while mining stocks held firm. Dominion Iron moved on news of Dominion Coal control.
MENTIONED IN THIS ARTICLE
Boston
Dominion Iron
Dominion Coal
Baltimore Stock Market Strength Steady Amid Dull Trading
Baltimore reports a steady strong market with hopeful sentiment despite limited activity. Cotton group demand remains high on six months of business. International Trust advances with a forthcoming semi annual dividend. Transactions show prices for Seaboard Rail, Maryland Casualty, Consol Gas, and Southern Railway among others.
MENTIONED IN THIS ARTICLE
Philadelphia Times
Baltimore
Mic. Low
Seaboard Rwy
G. H. R. Bretting
Norfolk Rwy
L. S
Maryland Casualty
International
Appenee
Seaboard Ry
Tram
E. Eyerth
Rie Age Ae Rewi
Consol
Rwy
Chicago Stocks Slip in New York Discount Trade
Chicago investors note New York discount rates at 20 30 and call loans around 4 5 per cent as traders list mixed prices. The session shows typical fluctuations in the local market with quick shifts in premium quotations and loan rates.
MENTIONED IN THIS ARTICLE
Philadelphia Times
Chicago
New York
New York Money Market Opens Steady Amid Demand
Money on call at the Stock Exchange opened at 3 percent with a high of 3 percent and a low near 2 1/4 percent, closing at 3 percent. Time money unchanged. mercantile paper firmer. clearing house loans at 3 percent. London call money at 2 to 2 1/2 percent. gold drawn from the Bank of England, 5,000 pounds for South America shipment.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
Boston
Ieee Cos
Philadelphia
Baltimore
London
Shorts
Bank of England
South America
the Times
Viscount
Great Britain
Stock Exchange
Atchison
Ohio
Chie Ches & Gt
West Oh
M. & St. Paul
Grande
Tonipota Central
Louis, & Nash
See
Tex
Central
Norf, & Western
Ontario & Wes
Pennsylvania
Sean Eewes
Southern Pacific
Southern Railway
Pacific
Coal stocks stay strong amid strike talks and wage notices
New York June 13. Coal shares rise to levels above recent weeks as miners may end the strike early next week. West Virginia strike's collapse noted for potential impact on anthracite sentiment. Reading Iron Company posts wage notices for puddlers in rolling and tube works departments.
MENTIONED IN THIS ARTICLE
Philadelphia
New York
West Virginia
Reading Iron Company
Reading
Puddiers
New York Market Summary Shows Gains and Declines
Market report highlights strong activity with bond and stock movements. Net changes in stock quotations show several advances and declines including American Snuff, Iowa Central, Missouri Pacific, Detroit Gas, West Shore, and others. Bond quotations also shift with various issues down or up on the day.
MENTIONED IN THIS ARTICLE
Iowa Central
Minn
E. Ill
Missouri Pacific
J. P. i Nashy
Chat
N. W
Des Moines
Fort Reading
Inter
W. P. Inter
West
Erec, & Mfg
Central of
N. 2
Gamers Electric
Mesieen Eet
Wabash
West Shore
Erete
Market strength seen despite dullness in New York Times review
The New York Times notes yesterday's market showed underlying strength with many stocks advancing and few large declines. General Electric fell eight points but recovered half, amid low volume and a trader covering losses. Consolidation by bankers and financiers, including Gould and Rockefeller, Jr. interest prompts cautious optimism about banks and money market.
MENTIONED IN THIS ARTICLE
New York
Times
General Electric
Stock Exchange
Outside Market Mixed as Tennessee Copper Dims Denver Gas Rises
The New York outside market shows broader activity with gains in Denver Gas up to 24¼ as bondholder meetings spur talk of interest payments. Tennessee Copper fluctuates, closing with a net weekly gain after sharp morning declines. Other copper stocks stay dull with Greene Consolidated notable in contrast.
MENTIONED IN THIS ARTICLE
New York
the Times
Tennessee
Denver
Greene Consolidated
Denver Gas
Denver Gas A Electric Company
Reco
Tidewater Steel Eyes Absorption Amid Shipbuilding Talks
Rumors circulate in New York that Tidewater Steel Co of Chester Pennsylvania may be absorbed by several interests tied to shipbuilding. Tidewater operates a 26 foot water front Delaware River plant with blast furnace open hearths and a growing plate mill, aiming to be one of the East’s most complete facilities.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York
Wall Street
Tidewater Steel Company
Chester
Evans R. Dick
Dick Brothers & Co
Tidewater
Bloomin
Sma
Alleghenies
Great Bards
He Company
Delaware River
Fkasternees Mills
Webb-Meyer loan purchases move forward with bank check disbursement
Checks totaling 1.8 million dollars were sent by the Fourth National Bank of New York to 108 banks that held Webb-Meyer loan securities bought by a group led by James G. Cannon. Wall Street speculates W. K. Vanderbilt among buyers. Price paid near face value. remaining 1.2 million of loans still held by original leaders including several trust companies.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York
Fourth National Bank
Webb-Meyer Securities
James G. Cannon
Cannon
Wall Street
W. K. Vanderbilt
Stock market report from St Paul and Chicago
In St Paul New York stocks were active with Standard Oil leading buyers as a stock rose to new highs. The article notes a 7 percent advance and mentions possible offers of 175 dollars a share for control, with discussions centering on Chicago and Eastern Illinois stocks.
MENTIONED IN THIS ARTICLE
Porans
Chicago
Ilinois
Oeomee
London Stocks Firm on Limited Trade in Paris
Paris June 13 French 3 per cent rentes closed 101 fr. 95c. Spanish 4s 81.12. Market limited but undertone firm. Spanish 4s repurchased for option operation. Brazilian shares rally, Argentines firm, Turks heavy. Brazilian industrials, Thomson Houston and Omnibus in demand. Rio Tintos and Kaffirs firm, De Beers dull.
MENTIONED IN THIS ARTICLE
Paris
Razilian Industrials
Thomson Houston
Omnibus Company
Berlin market firms on securites with mixed overseas results
International securites held firm on the Berlin Boerse with Spanish 4s Argentine and Chinese shares weaker on Western tips. Canadian Pacifics declined while iron shares stayed firm after sleeper sales to Prussian State railways and news of a Austro Hungarian Bosnian iron works convention to take effect July 1.
MENTIONED IN THIS ARTICLE
Berlin
New York
Foreign exchange moves in Europe on June 13
Berlin and Paris reports show London exchange improving for British credits. In Berlin 20 marks 48 pfennigs buys checks while Paris quotes three percent rentes at 101 francs and 50 centimes for account. Both French and German exchange on London shifted in favor of Britain yesterday.
MENTIONED IN THIS ARTICLE
Berlin
London
Paris
Gould Stocks Rally As Gould Leads Market
The Gould stocks, led by Missouri Pacific, were strong in New York trading. Persistent buying from Gould and Rockefeller sources boosted the list, underpinned by large earnings and progress on the Greater Missouri Pacific plan.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York
Gould
Missouri Pacific
Rockefeller
Bank Clearings for Principal Cities Week Ended June 12
Bradstreet's compiles the weekly bank clearings for major cities for the week ended June 12, showing percentage changes against the same week last year. The table lists cities and figures indicating increases or decreases in clearings.
MENTIONED IN THIS ARTICLE
New York
Bradstreet's
Dividends Declared by Various Firms
Northern Central Raliwa 4 per cent semi annual to stock of record June 30. Mexican Trust Company Bank of Mexico quarterly 1 per cent payable June 30. Royal Baking Powder Company New York quarterly 2 per cent payable June. Exploration Company New York semi annual 2 shares payable July. North Pennsylvania Railroad semi annual 4 per cent payable July.
MENTIONED IN THIS ARTICLE
Central Raliwa
Mexican Trust Company
Bank of Mexico
Royal Baking Powder Company
New York
Exploration Company
North Naylvania
Metal market closes mixed with small gains and steadies
In London spot metal prices finish up modestly as futures hold steady while London closes 10s higher for spot. New York reports small rises in ore, with lead and zinc unchanged and silver steady. Prices show a mixed tone across metals with few significant moves and local market readings.
MENTIONED IN THIS ARTICLE
London
New York
Ta. Si
Bowe
Don
Len ‘Ui Ss
Spelter
Glasgow
Middlesboro
Also Mentioned on This Page
Stock Transactions
Elec. & People's
Phila. Electric
St. Rwy
Welsbach
United
Ae Cambria Staal
Union Trac
United Power & T
Bethlehem Peeeeecee
USOC
Eter Plectric Co
America
Ee Stora Battery
Brothers
Marsden Ae
Aven Iron & Steel
Parkside
A. Nosylvania Electric Vehicl Co
Pennsylvania Suil Nutturing
Pennsylvania Steel
Treent
Philadelphia Bourse
Wae Etene
Philadelphia Electric Trust Ctfs
Susquehanna Iron & Stee
Tidewater Steel
Warwick Tron & Steel
Welsbach Company Welsbach Incandescent G. le
Canada
Cramp Shigel Westmorela and Coal. & Engine Building Co
American Railways
Buffalo Railway
Camden & Trenton Railway
Citizens’ Passenger Railway
Columbus Street Railway
Eaeeweneee Do
Consolidated Traction of
New Jersey
Bs Continental
Earesepeselidated Traction
Pittsbur
Fairmount Park & Haington
Airmount Park Transportation
Frankford & Southwark
Weer
Germantown
Green & Coates
Hestonville
Tte
Ee Ener
Indianapolis Street Railway
Lehigh Avenue
Philadelphia City
Philadelphia & Gray's Ferry
Philadelphia Traction Ae Railways Company
Geneva Reading Traction
Rochester Railway
Scranton
Second & Third Streets
Thirteenth & Fifteenth Street
Union
United Power & Trans
United Traction of
Pittsburg
Setae
West Pulladelphia
Ates
Wilmington
West Chester
Philadelphia Consolidated
Philadelphia Consolidated Stock Exchange
Eeaedern
OMO. Pac
Renain
St Pau
St Paul
Union Pac
St. Pawates
Oe Ees
Camden la
Camden Land
Canal
Chicago Title & Trust
Chicago Union Traction
Lake St
National Biscuit Eeeeeene Co
Tonopah
Weepah
Fourth Street National Bank
Iacel
Northern Securities
Isey County
Clement A. Griscom
Griscom
United States Coal and Coke Company
The
Pocahontas Coal
Steel Corporation
Dominion Tron and Steel Company
Imperial
Boston Stock Market
Am. Pney
Clos
Refe Corposes
American Telephone
Arcadian Mining
Atlantic Mining
Sea
Bingham Mining
Boston & Albany
Dominion
Fitchburg
Franklin Mass
Iy J
Mass
Electric Cos
United Fruit
United States Mining
Cvlves
Utah Mining Saberth
Shoemomar
Victoria Mining
Husk Westinghouse Bie
Baltimore Stock Market
Chicago Stock Market
Pittsburg Stock Exchange
Lew
Amer
Allegheny
River Coal
Seeeees BS
Federal Na’ “Bank
Bank Ee
Sion
Trost
Sterner Y
Ened
Aen
Sue
Adanee
Vyenee
jJone
NEW York Times’ Review
George J. Gould
John D. Rockefeller, Jr
Atchison, St. Paul
Mexican Central
Nortalk
Pacific Ma
Iid
Clos, Saies
Mseon Wat
Gowesetgrensmes 1900
Amal
Liza
Eerie Sugar
Balto
Brooklyn
N. J
Chesapeake & Ohio
Chicago & Alton
Hicago & FE
Ind
Chi
Chica
N. Chi
Chicago Terners
Trac
Dea
Colorado & South
Consolidated Ga
Delaware & Huds
Deaver & Rioer
Des Moines & F. I
Detroit Gas
Detroit
Detroit U
Dist
Geneva Electric Great Northern
Sring Valley
Tiliots Central
Msg Liver Vt Central
A. Pe Eeaneas & Nash
Manhattan
Elevetropol
St. Mexican Central
Minna, Ar
Union Te
Woeellis’ & Ll
Wisconsin
BAear _Do
Kan
Met
U. S
St. Ly
Santa Fe
Atl
Dan
N.Y Cen
H. RL. Balt &C
Col Tr. Bigs
St. L. B
C. R
N. Ist
Nort
Stevens
W. Pocoh
J. Gener
Nor. Pac
Nor. Pac. Ae
Ches. & O. Gen
Or. R Con. Chi
Tee Ee
Moeeevsewies A. & Q
Penn
B. Ra
Oe Inc
Trust
R. J
P. Gen
St. Jo
J. L St Ir
Mt & So
Col. Fert
St. L Swn
Séahoard Ae L. Ry
Ariz
Tobacco
Rwg
Seeeens
R. G. Tm
R. G
Pac
Erie
Rose Coal Col
B. Flint & Pere M
Eveereeers
D.C. Lst
Boas Sen
Esas Ree
Ft. Scott
Ahemeees & Nash
Sensenet
Rwy. G
Sears
P. Ist
Wea Eeei
St R
Hide & Gel
California
Consolidated Refry
Cent
Dominion Securities Electric Lay
Carria Gold Hill
Greene
Havana
Montreal
Cpe
National Enameling
Otiseet
Eoria Evans
San Fran
Seaboard Air Line
Trenton
Toledo Bay
United Bus
St. L. A
U. S. Steel New
Ameris
American Tobacco
Penne Wees
Worden
British Columbia
Copper
British Kaxchequer
Bares
Svess Cs
Ony Ae Foundry
Stay Co
Prefe Ae
Peoria
St. Louis
Continental Tobacco
Hackensack Meadows
Serene Wee
Hall Signa
Havana Tobacco
Houston
International Powe
International Salt
Lanston
Seem
Ey Natioont
Traneation
New c
Realty
Southern Light
al Sania Power
lefft-Weller
Trenton ' Potteries
Vuean
Worthfuston
Standard Oikers
Bourse
Boerse
P. C
Cincinnati
San Francisco
Kansas City
Veland
Minneapolis
New Orleans
Eeeserere
Louisville
Indianapolis
Providence
Omaha
Milwaukee
Denver Sear
Savannah
Salt Lake City
Fort Worth
Seattle
Nee
Wash
Benk Cleart
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