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Newspaper

Philadelphia Times

Location

Philadelphia, Pennsylvania, United States of America

Date

Jun 15, 1901

Page

9

Trading Activity on London Stock Exchange Report

Industrial and Miscellaneous Continued notes a cheerful market on the Stock Exchange amid a bank rate cut. Consols rise and fall, Canadian Pacific up, Grand Trunk up, American securities firm with St Paul and Union Pacific led gains, Kaffirs dull then firm on Transvaal report and peace talks status noted.

London Canadian Pacific Stock Exchange St. Paul Union Pacific Kaffirs Transvaal New York Stock Exchange

Wall Street Quiet as New York Exchange Edges Up

Special to The Philadelphia Tim es Chicago June 14 New York exchange quoted five cents premium call and time loans at 4 4 5 percent. Trading in the Chicago list was dull with Shelby Steel Tube preferred rising from 51 1 2 to 51 414 and the common slipping slightly to 11 1 2. Traction common steady. National Biscuit traded above 45 with preferred at 1024. American Can slightly improved amid light inquiries. A price table followed.

Philadelphia Chicago New York Exchange National Biscuit

Money on Call and Bank Rates Dip Across Markets

Money on call at the Stock Exchange yesterday opened at 2 percent with highs of 5 and lows near 2. Most loans hovered at 3 percent with 30 to 60 day terms at 3 percent and longer dates slightly higher. Mercantile paper unchanged. short maturities favored by borrowers. Clearing House funds in Boston were plentiful with interbank loans at 2 percent and street loans softer. London call money at 10 1 2 percent. Dutch and Belgian rates moved as central banks adjusted policy.

Stock Exchange Mercantile Boston Baltimore

Bar Prices Mixed As Markets Report N225 Sliver News

Bar sliver to open at 277-16 pence per ounce. Yesterday's New York price for ammnent bars was one at 0% TM. Government assay bars unchanged. Street Mexican dollars steady at 47%.

New York

An unclear note on yesterday's bank clearings

A fragmented OCR line references yesterday's bank clearings and comparisons but lacks coherent details or context. The text reads as a partial report with missing names figures and dates, making it impossible to determine the exact banks values or the comparative figure.

European and Latin market closes rise on renewed demand

Paris stocks edged up with French three per cents closing at 101 francs 17.5 centimes and Spanish fours at 72.10 as prices opened firm on the Bourse. Spanish 4s and Rio Tin to s led bear covering while Brazilian shares recovered with better exchange. De Beers fell and Kaffirs eased on mine rotation plans.

Paris de Beers

Berlin Market Flash: Transvaal Rails Shares Fall Sharply

Berlin noting June 14 Transvaal rails and Dynamite shares fell sharply on the Boerse. Bank stocks and local securities recovered toward the close while international shares held steady.

Berlin Transvaal

Bank withdraws gold to aid Dresden Credit-Anstalt collapse

Special to The Philadelphia Times reports National City Bank in New York withdrew 500000 in gold eagles from the Sub-Treasury. The money is said to be shipped to Germany to support the Dresden Credit-Anstalt after its recent failure.

Philadelphia Times New York National City Bank Today Sub-Treasury Germany Dresden

Gold premiums quoted in London markets today

London market update lists gold premiums for Buenos Ayres 134.30 Madrid 39.25 Lisbon 30.50 as of June 14 with no additional context or changes noted.

London Buenos Ayres Madrid Lisbon

International Money Rates and Bank Activity Report

Paris reports three percent rentes at 101 francs 17.5 centimes with London exchange at 25 francs 24 centimes. Berlin notes London exchange at 20 marks 4.25 pfennigs and discounts at 8 percent for short bills. London states bailion balance at 5,000 pounds and rumors of local loan stock issue. Bank rates in Belgium and Holland eased yesterday.

Paris London Bprlin Exchange Bank of Hagland Belgian Holland

Bank clearings by city show week over week changes

Bradstreet's table lists bank clearings for principal cities for the week ended June 13 with percentage changes. The report highlights increases and decreases across major markets, reflecting broader financial activity in the period.

New York Bradstreet’s

New Companies Chartered in New Jersey Today

New Jersey capital reports list several incorporations dated June 14 in Trenton. Key entries include The New York Steamship and Coal Co with offices in Jersey City. The Horse Collar Company with manufacturing ties. and a Camden incorporation named W. Pinacke Company.

New Jersey Trenton NX. J New York Wi

Delaware Briefing on Capital and Cities

Special to Taw Philadelphia Times reports terse notes from Dover Delaware with mentions of Secretary and cities including Cleveland and Chicago, and a capital amount of 100 dollars in unclear context. The fragment outlines a government or finance snippet with limited readable details and several garbled terms.

Philadelphia Times Dover Del Siete Guatees Cleveland Chicago Capital

Commercial markets ease as exports offer slim demand

Receipts total 16 5768 bushels with 114 800 bushels shipped and 334 068 bushels on hand. The market was quiet as prices slipped in sympathy with the West though export inquiry remained fair. Contract wheat quotes show mixed car lots and call bids across grades with slight gains under bullish Western sentiment.

Pennsylvania Delaware

Receipts and Prices in Grain and Flour Markets

Receipts of 16 865 bushels of grain and 989 barrels of flour with 2 957 020 pounds in sacks. Demand light, buyers favored in car lots with 8 cars No 2 white clipped at 33 1 3 to 34 cents. Flour demand very light, market ruled for buyers. Quotations: Winter super 2 10 to 2 25, extras 2 40 to 2 65. roller clear 393 25. western winter 3 15 to 3 60. patent 3 65 to 4 25. milling prices varied by type. Rye flour dull but steady at 2 75 to 2 00 per barrel.

Pennsylvania Kansas Sacka Tit Mills Clos Ang

Market reports for dairy yields and price ranges

The market showed strong demand for extra quality solid-packed and prints with supplies well cleaned up. Medium and low grades were quiet. Quoted prices include Western creamery extra at 19 4 cents, firsts 18 to 19 cents, prints extra wholesale 20 cents, Jobbing 21 to 24 cents.

Market recap shows ample offerings, dull rates

The report notes ample offerings and a dull market at former rates. Quoted items include New York full cream in small boxes at 9 1/4 cents, dc, with fair to good quality Bia 9 cents and part skim varieties described as daz Ke.

New York

Fresh Stock Market Steady Amid Moderate Offerings

Market for fine fresh stock showed fair demand and steady tones with moderate offerings. Quoted weekly ranges include Pennsylvania and nearby losses of 14 cents, Western losses of 13 to 14 cents, and fair to good fresh stock at 12 to 18 cents.

Pennsylvania

Poultry Quotations Steady with Fair Demand

In moderate supply and steady, live poultry prices ranged across hens and roosters for different weights and grades. Hens Bring about 12 cents, old roosters 1 cent, spring chickens 3 to 4 pounds per pair at 22 to 20 cents, and heavier spring chickens 14 to 20 cents per pair.

Market quotes on poultry and fowl prices

Ruled steady with fair demand and moderate offerings. French killed fowls good to choice 9 9 ½c. Old roosters 4 4 ½c. Broilers three to four pounds per pair 25c. Nearby smaller sizes 20 22c. Western dry duck Western scalded 13 18c. Chickens frozen 11 13c.

Fresh Fruit and Produce Prices Listed in Local Market

Supplies were liberal with good outlet for fruit. California oranges priced per box from 3.50 to 4.25 for size St Michaels. Navel oranges 2.75 to 4. Strawberries six a quart. Huckleberries five to seven cents. Gooseberries four to five cents per quart. Blackberries seven to ten cents. Cherries three to seven cents per pound. Watermelons Florida prime per hundred 60 to 65. Florida fall to per Cant a. Floe 10. Peaches 2.50 per 500. Georgia carrier eats crates 1.60 to 2.50 per crate. Hamsted large shale per hundred small 4 to 6. Florida per crate 2.50 to 3.25.

California St. Michaels Florida Georgia

Market Receipts Talk of Potatoes and Southern Vegetables

Receipts of both potatoes and Southern vegetables were liberal with a fair outlet for choice stock at quoted rates. Potatoes and Southern vegetables ranged from per barrel and per bushel prices to per crate or box figures. Prices cover Norfolk cabbage, Florida and Mississippi tomatoes, and North Carolina string beans with varied basket and carrier terms.

Norfolk North Carolina Florida Mississippi

Market Report on Dull Prices and Refiners’ Rates

Dull prices and unchanged list prices were noted while McCahan held prompt delivery orders five points, and refineries discounted about five to ten points on out of town orders. Refiners’ prices, after a 15 cent per 100 pounds rebate after 30 days, covered various grades from granulated to powdered and standard grades with figures around 5.0 to 6.05 dollars per hundred pounds.

McCahan A. Rades

Local Meat Prices Mixed in City Markets

Quotations show moderate demand for city beef and Western beef varieties. Prices cover smoked, air dried, knuckles and tenders, hams and shoulders with various curing styles and package formats in multiple weight tiers.

Receipts Record for Hay and Straw Market Decline

Market activity weak as demand for hay stayed light and supply ample. Rye straw available in moderate amounts with subdued demand and lower prices. Quotations show No 1 bale around 16.50 and No 2 rye around 18.60 while wheat prices ranged near 8.50 for No 1 and 7.7 for No 2.

Cotton steady with moderate demand at 8 1/2 c basis

The market held steady with a moderate demand for middling uplands priced around 8 and a half cents per pound. Prices on other grades were steady, and trading activity remained modest amid cautious inquiry from buyers.

New York Prices and Grain Market Summary June 14

Grain prices in New York show firmer cornmeal and steady flour while wheat and corn move with exports and receipts. Wheat futures open easy on weak cables, firm with local support, then end mixed to weak. No 2 red around 76 to 77 cents. Corn steady with 129,000 bushels received and 104,364 exported. No 2 elevator bids near 47 to 48 cents f o b loaded.

New York Northern Duluth Bant Duluth Kansas Chicago

Fragmentary notes on oil and chemical markets

A fragmented OCR snippet mentions oil firms, crude price, and various commodities. It references ROSIN TURPENTINE MOLASSER and refining activity with values like 4% ec and 44c. The text is garbled but centers on spot market activity and prices in a refinery context.

Cordova Fair Refining S.e

New York Cotton Market Faces Mixed Session

In New York on June 14 the cotton market opened quiet but firm amid weak English cables and foreign selling. Prices rose early on covering and Southern demand, with August at 7.70 cents and January 7.28. profit taking and late selling cooled gains, ending near last night’s close as room traders posted lines of new crop futures. Weather abroad showed Cesaria storm reaching the Carolinas, while South and foreign influence remained muted.

New York Southern Carolinas

Net cotton receipts at all ports since 1900

New York June 14 totals show Galveston 2042594 bales New Orleans 2337406 Mobile 130006 Savannah 1048052 Charleston 228151 Wilmson 256985 Norfolk 397234 Baltimore 64704 New York 169887 Boston 192086 Newport News 19446 Philadelphia 25048 Brunswick 96961 Port Arthur 20654 Pensacola 121757 total remains incomplete in report.

New York Galveston New Orleans Mobile Savannah Charleston Wilmson Norfolk Baltimore Boston Newport News Philadelphia Brunswick Port. Arthur Pensacola

Chicago Price Fluctuations Dominate Grain Markets

Chicago grain traders faced a weak wheat session amid conflicting reports on Continental and Argentine crops, with July wheat slipping to 70K¢ and July corn edging higher. Oats eased while provisions held steady, and export activity showed 52 loads of wheat with sizable car movements in Minneapolis, Duluth, and local shipments.

Chicago Toma Seaboard Minneapolis Duluth Vespee Ste Aod Ec

Cattle Hogs and Sheep Prices and Receipts Report

CHICAGO June 14 cattle receipts 3,000 including 1,500 Texans. prices varied by class with steers 4.40 to 6.25, Texas fed steers 4.15 to 5.40, calves 4.50 to 6.25, and cows 2.70 to 4.00. Hogs receipts 22,000. top 6.15, most sales 5.75 to 6.15. sheep receipts 6,000 with wethers 3.00 to 4.25 and yearlings 4.04 to 4.40. NEW YORK June 14 beeves steady to higher. steers and cows steady. exports steady to strong.

Chicago Texas Fed Texas New York

Market Report from Minneapolis Wheat Quotes June 14

Minneapolis notes close-Wheat cash 67 4 cents, July 66 1/2 cents, September 66-4. On track, Ko, 3 bard. Savantere No. 3 ate Seat rate $21 ioe.

Minneapolis Bard

Prices of Oll. OU City June 14 Credit balances no bid

June 14 report shows credit balances at 1.05 with no bids on certificates. The fragment references commodities and pricing hints but is largely unreadable. Key entities such as locations and figures are scarce. no clear event or outcome can be confirmed from the available text.

City

Wool trade buoyed by free buying noted in clothing

Boston June 14 The Commercial Bulletin previews tomorrow’s wool trade report noting better demand in the clothing and textile sectors and indicating freer buying conditions across the country. The summary signals renewed activity in wool purchases and market confidence.

Wool market report and prices across states and territories

Demand for wool remains high with large fines of old wools from Wyoming and Idaho closing out at prices set a month ago. Territory wools sell quickly with short staple around 50 to 46 cents per pound on a 42043 bale. New Texas stock in Boston shows eight to twelve month terms at 14 to 16 cents. Boston buying remains strong in the West. Missouri and Indiana quarter blood combings bring 19½ cents, depleting last year’s stock. half-blood wools not selling even at 18 cents.

Wyoming Idaho Territory New Texas Boston West Missouri Indiana

Copper Trust Loses Bid To Halt Newark Merger

In Newark on June 14 Vice Chancellor Stevens refused to grant an injunction to restrain the Amalgamated Copper Company from absorbing the Butte and Boston and the Boston and Montana Companies. A temporary stay was issued until Tuesday next while appeals and schedules on stock prices were discussed.

Newark Galvin Geer H. Venner Amalgamated Copper Company Butte Boston Montana Stevens Isaac 8. Taylor Albert Lamb Butte and Boston Pitney

Implement manufacturers dominate iron trade outlook

Chicago dispatch notes manufacturers are the dominant force in the Western iron trade as summer orders pile up. Mills are overrun, sheets and pipe orders delayed, and wire products in demand. Workers threaten wage-scale disputes, with Amalgamated Association considering a $1 per ton raise, likely resisted by producers.

Chicago Iron and Steel Amalgamated Association Milwaukee

Anthracite Market Faces June Crucial for Balance

The June letter from the Anthracite Coal Operators' Association warns that June is pivotal as producers tend to mine more than market demand to push prices down. So far demand matches production, reducing urgency to curb output. If May purchases and anticipated June demand create ample stock, July and August could slow, potentially prompting production cuts and a stronger fall market.

Anthracite Coal Operators’ Association Lkely

Bradstreets Trade Review and Don's Weekly Trade Outlook

Bradstreets Trade Review reports improved distributive trade driven by better weather and crop prospects with wheat and corn conditions improving and cotton outlook rising. Pig iron demand and prices edge up though machinists strike lingers, while exports and wholesale distribution show strength in dry goods and footwear. Don's Weekly Review notes wheat crop confirmation boosting confidence, rising retail operations, improving labor situation, and pig iron output hitting new highs with rising shipments and firm furnace activity.

Bradstreets’ Trade Review New York Bradstreets Sys United States Don's M—R. G. Don & Co Agricultural Bureau

Building Demand Presses Shipments for Structural Goods

Noted especial urgency for immediate shipment by consumers of plates bars and structural shapes as building operations show no diminution.

Battle Over Paoli Trolley Charters Sparks Rail Rivalry

In Philadelphia and Paoli Street Railway Company files for a 16 mile line from Fifty-second Street and Lancaster Avenue to Paoli with $96,000 capital. A second charter granted to the Philadelphia Brye Mawr and Paoli Street Railway Company covers 14 miles from City Avenue Overbrook to near Paoli with $84,000 capital. Both claim priority and accuse the Emery Focht law provisions of double chartering the same route.

Lancaster Pike Paoli Friends Pennsylvania Railroad George Q. Horwitz Gridir Chester County Harrisburg Philadelphia and Paoli Street Railway Company Fifty-second Street Lancaster Avenue Albert B. Kelley Samuel A. Boyle Thomas W. Brown Philadelphia Gerald J. Lyons Coatesville James G. Mitchell Jefferson County State Department Pennsylvania Emery-Focht Horwitz Philadelphia and Pauli Company Philadelphia Times Lyman D. Gilbert Focht Emery

Pennsy Lines West Sees Major Official Shakeup

A. H. Sanford is named engineer of maintenance of way for the Eastern division of the Panhandle, succeeding James A. McCrea who becomes Panhandle Cincinnati division superintendent. Paul Jones takes Sanford’s Louisville post, Frank Worthington moves to Jones, and H. E. Newcomer fills Worthington’s Cin cinnati role. L. G. Haan moves to the E and A division and T. B. Hamilton becomes superintendent. L. F. Loree relocates to Baltimore and Ohio. W. D. Wiggins shifts from Pittsburg to Cincinnati and Muskingum Valley. The western shakeup ends for now with Loree and Potter’s withdrawal.

PENNA A. H. Sanford Louisville Panhandle James A. McCrea Cincinnati Paul Jones Richmond Mr. Sanford Frank Worthington Pittsburg Cincinnati and Muskingum Valley Pennsylvania L. F. Loree G. L Potter Baltimore and Ohio

Union Pacific May Gain St Paul Railroad Control

Reports from Wall Street claim Union Pacific interests seek control of the Chicago Milwaukee and St Paul Railroad. Rumors link Harriman and partners to stock for a peaceful Morgan Harriman accord, with St Paul stock values cited and the price rising sharply after opening.

Union Pacific Paul Wall Street Chicago, Milwaukee and St. Paul BE. H. Harriman St. Paul Northwest Western Morgan-Hill Harriman Burlington Morgan Fiom

Brown to Aid Wabash Entry into Pittsburg

Special to The Philadelphia reports Pittsburg city councils have stalled on an ordinance allowing the Wabash Railway to enter the city. Joseph Ramaay Jr., Wabash vice president, asked Recorder A M Brown for help. Brown pledged to assist, saying councils have not acted promptly and he sees no reason for delay in enabling the project.

Pittsburg Joseph Ramaay, Jr A. M. Brown Major Brown Sean Boose

Johnson Secures Jersey Trolley Spur For Rival Line

Announcement by Ex Senator Henry Ter hone of Matawan New Jersey states Albert Johnson has gained control of an additional trolley line in New Jersey to serve as a spur for his proposed New York and Philadelphia line. The new route runs from New Brunswick to South Amboy through Matawan with cars already operating between New Brunswick and South Amboy and a through stretch to Matawan. By September cars are expected to operate along the full extension.

Johnson Jersey Henry Terhone Matawan N.J Albert Johnson New Jersey New York Philadelphia Jersey Shore New Brunswick South Amboy New Bunewick South Exeen New Rea

Dividend declarations from Philadelphia companies June 1901

The United Gas Improvement Co announces a quarterly dividend of two percent payable to stockholders of record June 29. The Illuminating Company of Philadelphia declares a semiannual dividend of three percent on preferred stock payable June 24 to stockholders of record by 3 PM June 20. Checks mailed.

Union Traction Co Philadelphia Messrs. Drexel & Co Union Ces Girard Trust Company Board of Mana United Gas Improvement Co N. W. Corner Broad and Arch Streeta Ustable Illuminating Lt Company Ee Te Fladelphia W. A. McEwen

Transportation road to cut current fare rates

A road project will significantly lower existing fares, reducing transport costs for passengers and improving regional access. Officials expect faster service and broader mobility as construction progresses.

Railroad Notes and Rail Traffic Moves Across Regions

Brief items show executives like Vice President John P. Green planning Europe travel and Reading Terminal connections to Eaglesmere. Reports cover Rock Island officials surveying Mexico agencies, a new South Fork maintenance division led by Norman M. Head, a capital increase for Fort Worth and Grande to fund Brownwood to San Antonio extension, widespread ticket scalping enforcement in Buffalo, Erie inspection tours by F. D. Underwood, Reading coal movements to New England, coal transport shortages, Frisco Memphis consolidation into Kansas City Fort Scott Memphis, and planned links between Pennsylvania and Baltimore and Ohio railroads at Eberstic to streamline freight.

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