Philadelphia Stock Market Records High Activity Amid Mixed Movements
Yesterday marked the busiest trading day in years with 128,966 shares changing hands led by Cambria Steel. Ex rights and warrants showed notable activity as insiders and brokers shifted positions amid speculation. Philadelphia Electric and United Gas rose but failed to sustain gains, while rail and other steel stocks remained largely firm. The market closed quiet yet firm as rumors of broader consolidations circulated.
MENTIONED IN THIS ARTICLE
Toral
Cambria Steel
Steet
Steel
United Ol
Philadelphia Electric
United Gas
Philadelphia Company
United Gas Improvement Company
Pittsburg
United Gas Company
Philadelphia
New York
Pennsylvania Railroad
Pennsylvania
London
Wall Street
Chattaw
Atchison
Tkali
Saneueee Ement
Borhieher von Camden Land
Cambria Irona
Weer
Chocta Co
Saaeee
Danville Bessemer
Insurance Nort America
Investment Co. of
Phila
Lehi Valley
Pennsylvania Co
Pennsylvania “Steel
Penna. & Northwestern
Tee Ee
Philadelphia Traction
Ee Nw
Railways General
Haso
St. Paul
Susquehanna Iron & Steel
Southern Railway
Southern Cotton Oil
Rly
Tennessee Coal & Iron
News Notes of the Day From the Boston Stock Exchange and Markets
The Boston Stock Exchange closed for a holiday. Stocks and bonds moved with mixed gains and losses across railroads coal steel and conversion deals. Highlights include a 3% rise for Pennsylvania Northwestern at 32, a 16 572 ton coal increase by Huntingdon and Broad Top, a $200 000 addition to National Asphalt stock, and Treasury bond purchases totaling 132 000.
MENTIONED IN THIS ARTICLE
Huntingdon and Broad Top
National Asphalt Company
Bonded debt of St George's Hundred planned by commissioners
Gossip notes Andrew S Eliason George W Naudain J Frank Eliason and J Frank McWhorter as commissioners plotting a 10 800 bond issue at 4 percent for St George's Hundred New Castle County Del with 6 percent existing rate. Market roundups cover rail stocks silver bonds and transit legislation.
MENTIONED IN THIS ARTICLE
Andrew S. Eliason
George W. Naudain
J. Frank Eliason
J. Frank McWhorter
St. George's Hundred
New Castle County
Del
Money on call and market rates on the Stock Exchange
Money on call yesterday opened at 3 percent with a high of 5 and a low of 3, closing at 4. Time money was in demand with rates around 3 percent for various terms. Mercantile paper quiet with a fair demand. Chicago market easier and bank deposits up significantly since April 1. Open market figures show extensive clearing and debit balances at the U S Sub Treasury.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile Paper
Chicago
Chi Beli
Amsterdam
Vienna
New York Stock Market Struggles Against Gold Exports
The New York stock market opened strong but slipped as gold exports and a 5 percent money rate unsettled traders. St Paul led gains among railroads with 15,000 shares changing hands, while independent steel and some industrials held firm. Bond sales totaled 3.295 million dollars as US refunding bonds fell on the last call.
MENTIONED IN THIS ARTICLE
New York
St. Paul
Missouri Pacific
Burlington
Independent ‘Steel Companies
United States Steel Corporation
Tennessee Coal
Colorado Fuel
Republic Steel
Hocking Coal
Illnois Central
Amalgamated
Shorts
Berlin
Standard Oil
United States
Market review signals Union Pacific St Paul talks
The Sun notes strong early buying in Union Pacific and St Paul common amid reports of a near consolidation. Missouri Pacific, Pennsylvania Railroad and others rise while gold shipment to Germany curbs fervor. Absence of an official U P St P alliance update silences traders and Missouri Pacific reacts to a 2 percent dividend and stock rights. Amalgamated Copper advances near 130 as litigation overhang weighs on sentiment.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York
The
Sun of Tomorrow
Union Pacific
St. Paul
Union Pacific Common
Missouri Pacific
Pennsylvania Railroad
Germany
Berlin
Union Pacific-St. Paul Alliance
Wall Street
Amalgamated Copper Aoe
New York Stock Summary Reflects Dividend Actions and Miscues
A read of the day’s stock page shows ex-dividend notes and price movements across several issues. Details mention Do pref, Illinois Ce, Gen Elec, Delta, and various railway and utility stocks with irregular quotes and European listings.
MENTIONED IN THIS ARTICLE
Detroit
Elec
Glucose
Gt. North
Hock. Val
Illinois
Inter. Parano
Towa
Outside markets show active trading in locomotive stocks
New York June 17 fair business in the outside market with irregular moves in active stocks. American Locomotive issues weakened with common at 33 to 31 1 2 and preferred at 88 to 87. Duck common rose to 34 1 2 34 3 4, 500 shares. Sea Board Air Line preferred steady around 474 474. United States Steel and Flour Milling saw small blocks traded, with minor gains in National Enameling and a rise in odd lots of preferred shares.
MENTIONED IN THIS ARTICLE
Ask
As i Amalgam Co
de Sant Oundry
Tcotton
Ameritas
Smelt & Refin
rSuga
American Tobacco Tis
Aeeka
S. Fe
Baltimore & Ohio
Breck
Canada
Ney Jersey
Chesapeake & Ohio
Chicago
Alton Do
Eeenee & Northw.i. Es
I. & Pacific
Sesessedeas
Cororata & Southern
Consolidated Gas Continental Tobacco
Penere & Hudson
Hes Lack & Western
Sever & Rio Ieee
Erie Sete
General Electric
Great Northern
Iowa Weerel
Tim Mo
Kansas
Texas
Central
RTZR
Norfolk ! Western
Pennsylvania
Northern Pacific
Pacific Mall
People’s Gas
Pullman Palace
Cove
St. Lovie & _ om
St. Louis T Southwest
Southern Railway
United
United States
Steel
AK Winters
Tnion Teleg
RTM BS
New York
Albany
Seaboard Air Line
Consolidated Tobacco
American Can Common
National Enameling
United States Steel
Vyapee
Copper stocks hold steady with modest gains and bids
Vance and 100 shares of Tennessee Copper traded at 23 with a point advance. Copper shares showed activity as Union Copper hovered around 6 percent, White Knob traded at 16 and 4 percent, and Tennessee Copper moved between 22 and 23 percent.
New York City Bonds Bid by Vermilye Harvey Firms
The New York City sinking fund commission opened bids for 3.5 million dollars of 3 percent corporate stock due mainly 1941. Best bid was Vermilye & Company with Harvey Fish & Sons at 106.5777. Proceeds fund Rapid Transit Rail Road, Third Avenue bridge approaches, street and park openings, armories and sites, and a bridge over Mott Haven Canal.
MENTIONED IN THIS ARTICLE
New York
Vermilye & Company
Harvey Fish & Sons
W. J. Hayes & Son
Franklin Trust Company
O'Connor & Kobler
Farson, Leach & Company
Kuhn
Mott Haven Canal
Industrial and Miscellaneous Closing Quotations
Closing quotations of unlisted securities compiled by the New York Times. Boling dillare per share par value ten dollars.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York Times
Also Mentioned on This Page
Philadelphia Stock Market
Boston Stock Exchange
Pennsylvania & Northwestern Railroad
San Francisco
National Fire Proofing Company
Philadelphia Stock Exchange
Bethlehem Steel Company
Ask. Boos
MMNIE
Osis Siti
Choctaw & Memphis
Ipsaie
People's Eater
Eae Street Wallway
Toeople
Philadeipta Electric
American Iron “ Steel
Steen 32
Bergner & Engel Brewing
National Electric
Eee
National
Bethlehem Iron
New Haventon & Stee
Bethlehem Steel
Palmetto Company
Parkside
Brooklyn Borough Gas
Cambria Tron
Brooklyn Gas & Elec
Pennsylvania Electric
Peiad
Pennseuna
Paylvania Salt
Saintocteetas
Camden
Eeeneea Consolidated Lake Superior Teaee
Iu Bourse
Philadelphia Electric Trust Etfs
Daylight Prism
Southern Cotton
Susquehanna Iron & Rets
Cable Vet Electric Co. of America
Harrison Bros. Incorporated
Welsbach Commercial
Harrison Bros. Co. Incorporated
Welsbach
Welsbach Pone
International Namite Smokeless Powder
Welsbach Inc
International Smokeless Powder & Jas Aeht
M Dynamite
Atte Eee
Westmoreland Wm
Cramp Shi al Ngine
Cer
American Rail
Todianapolis
United Railways
Philadelphia Cit & Gi
Petal Railway
Philadelphia & Ay. S Ferry
Columbus Street Citizens’ Passenger Railway
Philadelphia Traction Consolidated Traction
New Jersey
Pittsburg & Ae
Whee Continental
Consolidated Traction
Pittsburg Ridge
Assenger Railway
Seewe
Rochester Bbs
Scranton Railway
Eserews
Dayton Traction
Duquesne Traction
Sane
Thirteenth & Fifteenth Streets
Fairmount Park
Haddington
Union
Union Traction
Pal
Frankford Southwark
United Power & Trans
Germantown
Id Green & Co
Hestonville
United Railways & Electric
East Hestonville
West Philadelphia
Holmesburg
Tacony & Frankford
Wilmington
West Chester
Southern Pacific
Eries
New American Locomotive Company
S. R. Callaway
Alexis P. Bartlett
John J. Tracy
Arthur Lipper & Co
Fourth Street
United States Steel Company
Pennsylvania Steel Company
Colorado
Edward B. Smith & Co
Emery
Broad Street
Treasury
General Fund
National Bank
New York Clearing
United States Sub-Treasury
NEW York Stock Market
NEW York Sun’s Market Review
Ve Pet
Salto
Ohio
Brunswick
R. & Pitt
Anada Pac
Hes
Nic, & al
Bae
City Bo
Menbat
Alan Be
Lin
Atea
Efi
Aed
C&st
Bs Pac. Mall
Penna
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Reading Co
Stl & Adk
Pt Sai
St. L
St L
Stan
Texas & Pac
Va Car
Wabash
U. S
Chi Ext
Adanis
Chi RT & Pac
Gener Am
Reese Col. F. & I
City Ham
Erie St
Erie
Erie-Penn
D.C
Aus
N. Es
Ces B. & O
Nome
Lac
Bee City
Bkn
Lex. Av. & P. Percy
Mtk
Byt
Nash
Gen
Louis
Anit
Louis. & Nash
St Bkn
W. HL
Tr. Co
Ctfs
Man. Ry
Ist Inc
BODO
Cen
Ga. Ast Inc
Cen A. Sec, Inc
Ga. 3d Inc
Wee Resee
Cen. Pac
Ches
Ohio Con
Chi
Aston
Inc
Met
St. Ry
G. Bs
K. &T. Weir
Mo. Pac
A Mob. & O
Teeters Ate
N. Y Cen
H M. C. Col
West
Mare
Nor. Pac
Sh. L
Gnil
T. W
Og. Con
I. M. Gnl
St. L. Swn
Eee Seaee
Scioto Valley
E Te Wees Southern R
So. Pac
Pac. Ae
R. & T., Inc Tenn. C. I Birm
Tex
N. O. Con
Tex. & P. la
Third Ave
St. L. & West
Pac
UN. Col. Tr. Cnr
Wen Nnee
New York City
Aivot al Oil
Hide & Leather
Amer. Locom
W. i
British Columbia
California
Centra
Central & So
Rubber Tire
Tobacco
Continental
Denver
Jit Dist Co
Empire Stee
Empire
Flem
Coal & Coke
Tressury Ds
Bean de Hall
Havana
Mmer
Foitity i
Enam
Stamp
Sage
RBS
Y. Realty Corpidae
Tates
Evans
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