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Newspaper

Philadelphia Times

Location

Philadelphia, Pennsylvania, United States of America

Date

Jun 16, 1901

Page

9

European stock markets on London and Pittsburg exchanges

The report notes activity in European and London markets with Consols up and down slightly, Canadian Pacific and Anaconda minor moves, and Spanish 4s at 714 percent. Money is plentiful but discounting weak. gilt edges firm and American securities quiet. Markets await peace news and Bank of England rate decision affects sentiment.

London Canadian Pacific Anaconda Stock Exchange Baltimore Ohio Bank of England David Barbour New York Stock Exchange

New York Bank Statement Shows Reduced Excess Reserves

The Financier notes June 15 bank data showing excess reserves down to 8,782,125 from 21,289,000 on May 25. Loans and deposits rose, cash fell about 1.7 million, and large operations tied up funds. July dividend moves may affect markets. Berlin rates higher, exports likely to Berlin.

New York Pennsylvania Steel Philadelphia Sub-Treasury Berlin

New York Bank Statement Week Ended Today

The Associated Banks report for the week ending today shows loans at 900,943,900 up 13,344,800 deposits 984,194,300 up 12,075,500 circulation 30,004,400 up 20,000 legal tenders 77,677,800 up 335,000 specie 177,153,400 down 1,876,300 reserves 254,830,700 down 1,540,500 reserve required 246,048,575 up 3,018,875 surplus 8,782,125 down 4,550,375.

New York Associated Banks

Bank loans rise as tobacco deal and bonds influence weekly statement

Bank officers tied to a tobacco deal, Pennsylvania road stock subscriptions, and a Union Pacific bond payment influenced the $13,844,800 increase in loans shown in today’s weekly statement of the New York Associated Banks.

New York Pennsylvania Road Union Pacific New York Associated Banks

Foreign Trade for May and Comparisons to Earlier Months

May foreign trade totals show the United States economic activity with a value around 1.29 million dollars. The report contrasts May 1901 figures with April 1901 and May 1900, highlighting domestic and foreign merchandise movements and sector breakdowns.

Bureau of Statistics United States

Money flows ease on London Stock Exchange amid global rates drift

London financial news notes abundant money and weak discounts with a steady close. Gilt edged securities rise while Baltimore and Ohio show declines. expectations of June loan disbursements, Whitsuntide cash returns, and July 4 funds influence rate moves and Paris and New York liquidity.

London Stock Exchange Baltimore Ohio New York Paris Holland Belgium Russia France Frances Berlin Berlin Exchange New York Exchange Germany Pontiz

Paris markets show mixed moves on tax Budget vote

Prices were irregular on the Bourse with rentes weak as Budget committee votes on income tax. French 8 per cent rentes eased to 100 fr. Spanish 4s closed at 72.35, while Brazilian shares gained after Rothschilds announced July coupon payable in full. Tractions offered and Kaffirs firmer on London cues.

Paris Rothschilds London

Berlin Prices Tumble as Bank Stocks Dip in Transvaal Brief

Berlin reports weak prices on the Boersé amid quiet trading and an asset shift from a Dresden based electrical firm. Bank stocks slide while funds hold. Transvaal railway shares show fluctuations.

Berlin Kummer Company Dresden Transvaal

Foreign News Notes From Europe Markets and Rates

London reports Spanish 4s at 7 14% with gold premiums across Buenos Ayres Madrid Lisbon Rome. Paris shows three per cent rente at 100 france 92% centimes and London exchange at 25 francs 20 centimes. Berlin quotes London exchange at 20 marks 41 pfennigs with discount rates on short and three month bills at 3 and 3 1/4 percent.

London Buenos Ayres Madrid Lisbon Rome Paris France Berlin Exchange

Multiple Company Dividends Declared With Various Pay Dates

Reading Traction declares 75 cents a share payable July 1 with June 25 record date. Standard Gas proclaims 3 percent on preferred and 2 percent on common payable June 29 with June 22 close and July 1 reopen. American Steel Casting 3 percent on preferred payable June 29 with June 19 close and July 1 reopen. Empire Steel and Iron 1 percent on preferred payable July 2 with June 22 close and July 3 reopen. Manchester Traction Light and Power 3 percent semi annual dividend payable July 15 with July 5 record date. Frankford Real Estate Trust and Safe Deposit declares 1.25 dollars per share payable July 1. Old Dominion Steamship 3 percent semi annual dividend payable July 1 with June 15 close and July 2 reopen. Dominion Coal 4 percent on preferred payable July 1 with June 17 close and July 2 reopen.

Reading Traction Company Standard Gas Company American Steel Casting Company Empire Steel and Iron Company Manchester Traction Light and Power Company Electric Light Manchester N. H Frankford Real Estate, Trust and Safe Deposit Company Old Dominion Steamship Company The Dominion Coal Company

London bar gold and New York prices steady amid steady money demand

Bar silver in London steady at 277-16 pence per ounce. New York commercial bars hold at 5H aco. Government assay bars unchanged and Mexican dollars flat. Money on call mostly unchanged with easy terms for securities. Mercantile paper in moderate demand as interior markets steady and London call money at 2 percent. New York Clearing House figures show weekly clearings near year’s low, contrasting with May records and prior years.

London New York Mercantile New York Clearing House United States Sub-Treasury

Market Receipts and Prices in Commercial Wheat Listings

Receipts total 20 437 bushels with shipments 23 084 and stock 831 420 as market waned on weak outside advices. Export demand was light with 56 000 bushels sold privately for export. June bids and asks for contract wheat show mixed elevator prices across varieties and grades.

Pennsylvania Delaware

Market Reports Show Firmer Tone in Wheat Trade

Receipts total 49 270 bushels with shipments 61 600 and stock 363 049 bushels. Market firm on Western advices yet local prices little changed. Cables stronger with fair export inquiry. car lots dull, ample offerings. No. 2 mised export terms 60 000 bushels, No. 2 yellow local trade 4Te, No. 2 mixed June 45c bid 4540 asked. export elevator steamer 43c, No. B 42e42ige.

ébadSige Dda

Oats Market Weakens With Mixed Shipments Reported

Oats show 6 800 bushels shipped while stock climbs to 187 017 bushels and 5 495 bushels remain. Market weak with a 4 percent decline under selling pressure. Eight cars of No 2 white on track early and later holdings clipped at 2 3/4 to 2 1/2 cents, with fresh receipts offered at 2 1/2 to 2 3/4 cents at the close.

Sic

Rye Flour Price Report Cites High Barrel Rate

The notice quotes a rye flour price at 2,7522.90 per barrel with emphasis on quality. Market chatter notes nightly inquiries and steady demand for flour barrels amid fluctuating grain costs.

Market receipts and prices for grain and sacks

Receipts totaled 1 874 barrels and 2 500 620 pounds in sacks as demand remained slow and markets weak under general pressure. Quotations listed Winter super at 2.10 to 2.25 with extras 4.00 to 3.65, Pennsylvania roller clear at 3.00 to 3.25, and Western winter and other unclarified grades.

Agl Pennsylvania

Patent and brand price list snapshot

A partial price rundown shows entries for patent items and favorite brands with values around 3.75 to 4.10 dollars, plus miscellaneous references to City Mis and clear and straight variants. The list includes several repeated “do.” placeholders and price variations up to 8.45 in unclear formatting.

City Mis

Butter Market Steady amid Limited Demand

Butter supplies were well cleaned up and the market firm though demand was light on Saturday. Western creamery quotes extra at 19 cents, firsts at 18 to 19 cents, prints at 20 cents, wholesale at 21 to 24 cents, and Jobbing at 21 to 24 cents.

Trade quiet as buyers hold. prices steady for dairy

Trade was quiet and prices favored buyers with ample offerings. Quotations include New York full cream in small boxes at 94c, do. fair to good at 8a%c, and part skim varieties, quality varying, in Georgia and surrounding markets.

New York

Egg Market Steady on Balanced Supplies

Demand for fine fresh stock remained fair and the market held steady with moderate supplies. Quotations show Pennsylvania and nearby choice eggs at loss off 14 4 and Western good to choice at loss off 13 4 to 14, fair to good at 12 1 2 to 13.

Pennsylvania

Market Report on Poultry Prices and Weights

The market remained steady with demand matching supply. Fowls and hens priced at 12 cents, old roosters 7 cents, spring chickens 3 to 4 pounds per pair 22 to 25 cents, 1½ to 2 pounds per pair 16 to 20 cents.

Fresh killed fowls and chickens from local suppliers

Sourced poultry pricing lists show fresh killed fowls good to choice 94a10c and 644c for old roosters. Broilers near by three to four pounds per pair at 25c, smaller near by 20a22c, Western dry picked 20a28c, Western scalded 13a18c, and chickens frozen llalac.

Market prices for various beef and pork cuts in city and western markets

The notice lists current jobbing quotations for beef and pork products. Items include city and western beef sets, knuckles and tenders, hams at 19.50 and 220.50, pork family at 17917.50, shoulders, pic nic hams, bacon, lard, and related items with prices per unit and per tierce or ton.

P. i

Weekend Market Prices Hold Steady Across Produce

Saturday trading showed little price movement with lists for oranges, berries, and fruits. California oranges ranged from 3.50 to 4.25 per box, Florida watermelons and peaches priced per hundred or carrier, and pineapples listed by crate or hundred with varied regions.

California St. Michaels Ons Florida Georgia Havana

Saturday Market Prices Hold Steady Across Fresh Produce

The Saturday market remained quiet with prices largely unchanged. Vegetables listed include potatoes, cabbage, eggplant, cucumbers, green beans, wax beans, and tomatoes from Southern and Florida sources with varied per barrel, per basket, or per carrier rates.

Norfolk Southern North Carolina Florida Mississippi

Prices in Refiner Rates for Various Sugars and Dows

The text lists refined sugar prices after a 15 cent rebate per 100 pounds for 30 days. It covers items such as Dominoes, cut leaf, confectioners lozenge, powdered and granulated sugars, cubes, standard granulated, fine granulated, extra fine granulated, confectioners A, and soft grades No. 1 to No. 16 with specific cents per pound.

McCahan

Market quotes for hay and straw buyers favor liberal offers

Receipts show 170 tons of hay and 3 cars of straw with light demand. Price quotations cover Timothy No. 1 large bales at 16.50 and No. 2 small bales at 14.00 to 13.00, straw No. 1 straight rye at 19.50, oat No. 1 at 8.50 to 9.00, and wheat No. 1 at 8.50.

Feed prices steady amid ample supply at former rates

Report notes ample feed in supply and dull demand. Winter bran sold in bulk at 16.00 to 16.50 dollars per ton and spring bran offered in sacks, size varying, also 16.00 to 16.50 dollars per ton.

Cotton market steady at eight cents a pound

Cotton held firm on a quiet basis of 8c per pound for middling uplands with limited trading activity observed.

New York Prices Move Through Grain and Coal Markets

New York market notes show flour receipts 14,772 exports 28,719 with dull winter patents and various price ranges for flour rye cornmeal and barley. Wheat receipts 131,550 exports 77,780 with spot declines then partial rally as bear crop news weighs on futures. Corn oats hay hops hides leather wool coal and other goods listed with bid and ask ranges and market tone unchanged to quiet steady.

New York Minnesota Brandywine C. B Ff. O. B Northern Duluth Galveston Calfornia Texas Buenos Ayres

New York Cotton Market Steady Amid Outside Buying

Cotton prices rose in New York on June 15 with July at 8.24, August 7.68, and January 7.27 as brisk outside buying and bullish weekly reviews supported gains. Domestic crop concerns and labor shortages weighed, while Texas and the Southwest remained dry. Port receipts were ample but influenced little, and the spot market closed unchanged at 8 1/2 cents with 700 bales sold.

New York Liverpool Fell River South Atlantic Chronicle Cotton Belt Georgia Carolinas Alabama Texas South- West New Orleans Houston

Rail freight routes shift after B&O absorption

Discussion in railroad circles suggests the Baltimore and Ohio integration with the Pennsylvania will end the current traffic pact with Western Maryland and Reading. Freight from the West to New York would move via Martinsburg and the Cumberland Valley, altering lines to Harrisburg and Cherry Run. The Cumberland Valley Road is praised as capable and ready to take on B&O traffic, with cancellation possible any time on notice.

Baltimore and Ohio Pennsylvania Maryland Reading Cherry Ran Shippensburg New York Canberland Valley Martinsburg W. Va Harrisburg Western Maryland and Reading Cumberland Valley Philadelphia Harrisburg and Pittsburg The Loree Cumberland Valley Road

Wheat and Corn Rally Amid Weather and Demand Strength

Chicago buyers show firm grain and hog markets as July wheat closes higher on export talk and scarce delivery. July corn and oats gain with strong cash demand and bear covering, while pork and lard rise on firmer hog prices. receipts and futures mix against improving weather and lower Liverpool prices.

Chicago Liverpool Seaboard Minneapolis Duluth Shorts

Loree to head Baltimore and Ohio Southwestern changes expected

Reports say President Loree of the Baltimore and Ohio Railway will be elected president of the Baltimore and Ohio Southwestern, with FE. R. Bacon to be succeeded and W. M. Green to retire. The Southwestern will operate under direct B and O management and its freight and passenger business folded into the parent.

Baltimore and Ohio Southwestern Railway Loree Baltimore and Ohio Railway Baltimore and Ohio Southwestern FE. R. Bacon W. M. Green Southwestern Baltimore and Ohio Pennsylvania Cleveland, Loraine Wheeling Pittsburg and Western Pittsburg Junction Cleveland Terminal Cowen Potter

Railroads Seek Lower July Fares for Pan-American Exposition

Representatives of about a score of railroad passenger departments have met in Buffalo with Pan-American Exposition managers to push for lower July excursion rates. The aim is to announce month long fares and advertise them widely to boost summer attendance, with a general passengers agents meeting likely in New York next week to decide on action.

Buffalo New York

Lehigh Valley Railroad Raises Wages 40 Percent in May

Easton June 15 Lehigh Valley Railroad workers in the shops inspectors and cleaners across the system 3600 employees learned for the first time of a 15 to 40 percent wage rise dating from May 12 Boilermakers locally who struck a month ago were paid off and also heard their pay was increased The May wages were distributed today

Easton Lehigh Valley Railroad

Minneapolis Wheat Prices Report June Market Close

Minneapolis prices show close on cash wheat at 6 1 2 cents, Italy 66 1 2 cents, September 66 cents, No 1 hard 60 3 4 cents, No 1 Northern 67 3 4 cents, No 2 Northern 65 3 4 cents. Flour and bran unchanged.

Minneapolis Italy

Wabash to seek bids for Monongahela bridge link

President Ramsey announced in Pittsburg that bids will be invited on Monday for erecting a Monongahela river bridge and for building part of the connecting line to bring the Wabash into Pittsburg. He says Recorder Brown and local business leaders assure passage of the franchise ordinance by City Councils.

Ramsey The Wabash Pittsburg Monongahela Recorder Brown

Livestock Quotations From Chicago and New York Markets

Chicago quotes show cattle receipts 600 head with steady prices across classes including good to prime steers at 5.40 to 6.25, hogs 14,000 receipts with top 6.15, sheep 2,000 with wethers at 5.90 to 4.25. two-week totals list cattle 59,100 hogs 148,800 sheep 62,300. New York receipts show cattle 587 with no trade, sheep and lambs 4,000 with dull demand and firm lambs at 5.83 to 5.75, beef shipments listed.

Chicago Texas Fed Texas Bulls New York

Rail and Transit News Across Rail Firms and Markets

Pennsylvania directors inspected the Long Island Railroad under President Baldwin. Reading brought delegates to the Southern Industrial Association in Atlantic City after docking. Reports say Lake Shore Railroad seeks a Sharon to Erie route for a new branch. Cape May officials to join Reading for the launching of the ferryboat Cape May in Wilmington. Muncie grants track changes to Big Four and Lake Erie and Western for a new union station. Senator Clark plans a vast Gulf of California terminal jointly used by multiple railroads. Chicago reports stock offering of St Paul Road bonds backed by major lines, Goulds involved. Northern Pacific officials downplay a possible new traffic pact with Canadian Pacific while noting close ties in the Pacific Northwest.

London N.Y Atchison Equiy Baltimore & Ohio Canada Pacific Chesapeake Ohio Chicago & Great Western Mit St. Paul Erie Louisville & Nashv Missouri Kansas Texas New York Ontario West Nestors Pacific Pennsylvania Muncie, Inc Big Four Lake Erie and Western Railroad Union Station W. A. Clark Montana Salt Lake Los Angeles Gulf of California Chicago St. Paul Road Union Pacifi Southern Pacific Missouri Pacific Goulds

Wool Arrivals and Imports for Auction Series

London reports 173100 wool arrivals for the fifth series with 9518 forwarded receipts. Weekly imports list New South Wales 18629 Melbourne 744 New Zealand 11617 Cape of Good Hope and Natal 401.

London New South Wales Melbourne New Zeeland Cape of Good Hope Natal

Prices of Oil in Oil City June 15

Credit balances stand at 1.05 dollars with certificates issued and no bids or shipments recorded. The market shows no runs or new activity for the period noted.

Oil City

Trust Co Pays Back Wages For Chester Factory

Workers at D Trainer and Hons Manufacturing Co in Chester were notified last week that wages owed would be paid. The company acted after being warned its operations were unable to continue.

Philadelphia Times Chester D Trainer & Hons’ Mannufecturing Company Frm

New York Trade Figures Show Varied Weekly Imports and Gold Exports

New York reports for the week ended today show imports of dry goods and merchandise at 8.28 million dollars, down from last week and last year, with year-to-date imports at 250.48 million dollars. Exports of gold and silver total 1.17 million for the week, while year-to-date gold exports stand at 21.94 million and silver at 24.05 million. Specie imports this week amount to 104,384 dollars, with 2.94 million dollars imported since January 1.

New York

New Companies Chartered in New Jersey

The United States andtors are Reginald Jevenes Thomas FE Sevenes Frederick T Busk and Paul F Gerhard all of Jersey City.

Trenton United States Tors Reginald Jevenes Thomas FE. Sevenes Frederick T Busk Paul F. Gerhard Jersey City

Pacific Iron and Steel Company and Columbus Manufacturing Notices

Dover June 15 report lists Pacific Iron and Steel Company of New York for producing ores with iron manganese and other metals and Columbus Ohio manufacturers to prepare cures salves ointments drugs and woodbines with capital figures noted.

Delaware Philadelphia Times Dover Pacific Iron and Steel Company New York Columbus Ohio

Relics Placed In Masonic Temple Museum

Historical museum at the Masonic Temple library gains three relics. A Revolutionary War flag and a War of 1812 scroll bearing In the Constitution are joined by a badge linked to the Marquis de Lafayette era, woven with images including Washington.

Masonic Temple T Quanti Marquis de Lafayme Sores Ashington

Modern Woodmen Conclave Drops Sick Benefit Rule

The closing day of the Modern Woodmen of America biennial head camp in St Paul notes New York Insurance Commissioner ruling against fraternal sick benefits led to this provision being removed from the national by laws.

Moderna Woodmen ST. Paul Minn Modern Woodmen of America Insurance Commissioner of New York The Nations Organization

Swifts Buy Detroit Land for Large Cold Storage Plant

DETROIT Mich June 1 The Swifts of Omaha Neb have purchased land on the river front outside Detroit and will build one of the country’s largest cold storage plants. A salt plant will operate with it, making the Swifts independent of the Salt Trust.

Detroit Mich The Swifts Omaha Neb Salt Trust

Lightning Claims Three Victims in Allegan County

A severe electrical storm struck Allegan county near Scott Lake. Sullivan Case’s barn burned by lightning and his remains were found among the ruins. John Yerger and his son James were also killed by a lightning strike in a nearby barn.

Detroit Allegan County Sullivan Case Scott Lake Eha Case John Yerger James Bern

Immigrant Home Investigation Tapped by Augustana Synod

Jamestown June 5 The Augustana Synod of the Swedish Lutheran Church adopted a resolution to appoint a committee to investigate the affairs of the Swedish age home on Water Street New York City area issues and management are under review.

Jamestown Augustana Synod Swedish Lutheran Church Water Street New

Long Time Between Meets Noted in Local Dispatch

An uncle of the city Director of Public Works Haddock named John Haddock of &J. Paul is mentioned in connection with a long interval between athletic meets. The fragment references a hiccup in a timepiece or routine, but details are unclear in the text.

John Haddock of &J. Paul Public Works Haddock L!s

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