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This newspaper page contains 22 articles. Subscribers can read the full text of each article.

Newspaper

Philadelphia Times

Location

Philadelphia, Pennsylvania, United States of America

Date

Jun 18, 1902

Page

10

Philadelphia Market Buoyancy Drives Rail and Steel Stocks

The Philadelphia market showed buoyancy with Readings leading gains. Cambria Steel Warwick Iron Tidewater Steel advanced, while Union Traction and warrants slipped. Reading common surged for New York demand amid control speculation, and Rapid Transit listing was delayed due to filing issues.

Cambria Steel Warwick Iron and Steel Tidewater Steel Warwick Tidewater Dick Bros. & Co Pennsylvania Railroad Cambria Reading Common New York Pennsylvania John W. Gates Reading Lehigh Valley Philadelphia Erie Union Traction the Stock Exchange Widener-Elkins-Mack Philadelphia Rapid Transit Company The Stock Exchange Rapid Transit Philadelphia Rapid Transit Chandler Bros. & Co United Gas Electric Company of America Philadelphia Electric Welsbach 5S

Cotton Duck and United Railways Lead Baltimore Market

In Baltimore trading June 17 the Cotton Duck group and United Railways stock firmed and rose. Cotton Duck shows improving series due to solid business, profits and resumed income bond payments. United Railways gains from margin safety and rising revenue. Anticipated sale of Light and Power ownership may boost values as Consolidated Gas faces a July 21 control fight.

Philadelphia Times Baltimore Toay United Railways Light and Power Company Consolidated Gas

Lake Street Elevated Stock Slides on Possible Assessment

Chicago traders saw the Lake Street Elevated fall after early gains as talks of a possible stock assessment resurfaced. Reports claim the board was discussing a plan to shore up the property with a ten to twelve dollar per share levy.

Money market steadies as rates hold at New York call

The Money Market in New York shows call money opening at 2 percent, rising to 3 and closing near 2. Sterling demand remains firm in London with rates up modestly. European rates inch higher in Paris while Berlin and Amsterdam quote little change. Interior and mercantile paper show light demand with stable notes on sixty to ninety day endorsements.

New York Stock Exchange Mercantile Benton Orae Gah Philadelphia Baltimore London Bank of England Paris France

New York Stock Summary Highlights Market Activity

A dense financial page lists numerous equities with bid and ask figures, including American Copper, Amer. Cotton, Anaconda, American Ice, Amer. Locomotive, Am. Smelting, and major rail and utility stocks. The report shows prices, percentage changes, and volume for many issues, reflecting active trading across sectors.

New York Bond Sales and Ohio Issue Con 4s

A compressed market note outlines New York bond sales and an Ohio issue rated as 4s. The brief highlights issuance activity and investor interest in municipal debt across the two states.

Financial Markets and Corporate Stock Movements Report

The piece details shifts in sterling rates at Brown Brothers & Co and corporate activity across Electric Company of America, Northern Ohio Traction, Denver Gas and Electric, and American Railways Company. It notes bank liquidities, stock allocations, new officers, May earnings comparisons, and Treasury balances as of the current day.

American Cement Cambria Tron Cambria Steel Thy Lake Sup Do Flee. Co Amer Thal TM Ba Co N Phils Traction T. & Steel Nited Co N. J Brown Brothers & Co The Electric Company of America Denver Gas and Electric Company Northern Ohio Traction Company American Railways Company Chicane and Joliet Electric Railway Company

Dividends Declared By Several Companies This Quarter

Corn Products Company New York declares 1 percent on preferred stock payable July 10. American Process Manufacturing 3 percent quarterly payable July. Chicago Pneumatic Tool Company 2 percent payable July 15. F A Munsey Company 1.5 percent payable July 3. New York New Haven and Hartford Railroad 2 percent payable date to be determined. Fuller Construction Company quarterly preferred 1 percent. American Smellite Treatment Company 1 percent on preferred stock.

Corn Products Company New York American Pt Manufacturing Company Bicago Pneumatic Tool Company F. A. Munsey Company New York, New Haven and Hartford Railroad Company F . A. Fuller Construction Compa Compas

New York Market Strength Given in Daily Report

Market report shows strong New York activity with notable stock and bond movements. Highlights include gains in Amer. Bicreie pref and Reading, declines in Butterick and Great W. deb, plus various bond advances and declines with specific percent changes and collateral loan rates noted.

Amer Bicreie New York Dock Detroit Dof Evans Great North Reading Iowa Central St. Ry Missouri Pacific American Ice Ihr Peeve Electric Chi Great W Butterick Co Louisv Can

Market climbs as stocks rise amid favorable copper data

The Times reports a broad stock advance on Thursday with General Electric the notable exception. Rail earnings echo usual strength while weather crop summaries suggest corn and wheat improvements. Northern Securities shows curb market strength amid potential developments, copper demand buoyed by record home production and higher exports.

Stock Exchange General Electric Reading Missouri Pacific Great Northern Atchison Iowa

Northern Securities Leads Broad Market Rally On June 16

In the outside market Northern Securities again dominates lists with a notable advance as gains spread across coal copper and allied issues. Union Copper and Standard Oil rise amid limited turnover while Tennessee Copper posts a solid uptick and other copper shares stay near Monday levels as market activity remains subdued.

Last Ice National Enameling Peoria, Decatur & Evans Seaboard Air Line Tennessee Copper Toledo Bay Union Cop Val. Gas FI BSL Ity Vulcan Detinning American Martines Wees Denver Gas & EI Seener San Francisco

Corn Prospects Desperate in Texas With Half Crop Expected

Texas figures show corn production may be 30 million bushels this year, down from 60 million last year and 81 million in 1900. Drought bites across a large area. ten days without rain threaten cotton. A union prayer meeting of Protestant churches is set for tomorrow night in Austin to seek rain.

Philadphia Times Austin Tex George L. Walton State Department of Agriculture Texas Department

General Electric Drops as Profit Take Pressures Stocks

Reading and Missouri Pacific strength followed by selling of St Paul and Union Pacific on Western accounts. The Steel Trust weakness linked to passes bond issue litigation. GE fell 9 points on a large order amid Stanley Company earnings fear. Sugar Trust slipped on Cuban tariff news, later recovering.

Philadelphia Times New York Reading Missouri Pacific St. Paul Union Pacific General Electric Stanley Company Messrs. Whitney and Ryan Washington Shorts

Missouri Pacific Dividend News Drives Stock Rise

Missouri Pacific shares led gains among active stocks in New York trading, closing at the day’s high after a 1% rise. Purchases were by the Rockefeller Gould pool, with limited float aiding the advance. no dividend increase was announced for the upcoming meeting, with expectations later for a possible raise in six months.

Inlon Copper Tennessee Copper Greene Consolidated Philadelphia Times New York Reading Missouri Pacific Rockefeller- Gould Pool

Rise in St Joseph New York and Grand Island dividend news

June 17 reports that a planned tail pool rise in St Joseph and Grand Island failed to attract public support despite talks of a control change. Directors meet Friday to act on the first preferred dividend of 2 percent semi annually. No possibility of a second preferred dividend at present.

Philadelphia Times New York St. Joseph Grand Island

Copper stocks rise on New York exchange report

Copper shares on the Stock Exchange and curb market rallied as trade interests claim copper’s position is improving. They cite evidence from market activity and recent transactions as supportive signs.

London Stocks Were Stronger in Early Trading

The Times reports money plentiful in London with a cheerful trend and a modest price recovery in active securities. American rails opened lower but showed afternoon activity on renewed Wall Street buying and miners' strike rumors. Paris stock mood opened heavy with Omnibus shares retreating after charter decision, while Turkish and Spanish issues firmed late.

Philadelphia Times London the Times Stock Exchange Wall Street Reading Paris Omnibus Company Thomson-Houstons Rio Tintos de Beers

Berlin Stocks Narrow. Bank of Germany Reports Wider Cash

Berlin reports limited activity on the Boerse with international shares steady. Spanish securities fluctuated on ELaris tips while Canadian Pacifics remained firm. The Imperial Bank of Germany weekly statement shows cash in hand up 9.82 million marks and treasury notes up 0.5 million, other securities rising 11.62 million, notes in circulation down 18.74 million.

Berlin Elaris Bank of Germany Imperial Bank of Germany Treasury

London Bank Bullion Inflow and Market Outlook June 17

London reports bullion intake at the Bank of England totaling 198000 pounds. Paris notes 3 per cent rentes at 101 francs 72.5 centimes. London exchange for Paris set at 25 francs 19.5 centimes. London stock exchange closes early June 21. gold premiums in Buenos Aires Madrid and other cities cited as market eyes Bank of England support amid wartime borrowing.

Paris London

Western interests bid for National Shoe and Leather Bank stock

In New York on June 17 representatives of Western banking interests offered to control the stock of the National Shoe and Leather Bank at 140 to 150 dollars a share. The Corn Exchange National Bank of Chicago was rumored as a purchaser. So far one block transferred, with more stock expected to shift tomorrow to grant Western control. The bank has suffered two embezzlement losses totaling about 504,000 dollars and a capital of 1,000,000 dollars.

Chicago New York Exchange Neers Lake Street Cdaes Trpe California Camden Trenton Central Foundry St. Louis Consolidated Rubber Tire Consolidated Storage Batte Consolidated Tobacco Continental Tobacco Dominion Securities Electric Boat Empire Con Empire Steel General Carria Do Eivecesses Hackensack Meadows Havana Havana Tobacco Timois Ewe International Power Lanston National Sete Transatio Sasverk New York Realty New York Transportation Este Erenane North American Lumber & Pulp Otis Elevator Pacific Packing & Nav Pioneer Mining Lake Erie St. Louis Transit Loens Seaboard Air Line Philadelphia Times New York National Shoe and Leather Bank Broadway Corn Exchange National Bank

Crop Reports Foresee Stronger Yields Across Lake Erie Line

New York June 17. The Lake Erie and Western reports from 138 points in Ohio Indiana and Illinois show wheat crops about 20 percent heavier than 1901 and oats about 12 percent higher. Corn acreage is 10 percent larger than last year and promises a good crop.

Philadelphia Times New York Wall Street Financial District Lake Erie and Western Samuel Sweet Ohio Indiana Illinois

United States Now Holds Largest Gold Reserves Worldwide

The U S treasury reports total gold around 54 million dollars in round figures and 97 million by end of January 1895, surpassing other nations. World holdings list France with 51 million, Imperial Bank of Russia with 70.86 million, Austro Bank with 70.86 million, and other European banks showing varied holdings.

United States Treasury Bafil France Imperial Bank of Ruse Austro Bankrat Aa i Banhi 'A Rial Banik Iealy Pean —Eetintinaee

Also Mentioned on This Page

Bardi Host Iwescssbescuus American Alkali Phila. Co Whalda Us Elec. Co Phila, & Eric Winereie Cas Ea Das Phila. Traction Warwick I Electric Star Bat Steel Welsbach Penna Ameri Iron & Steel Bergner & Aaa Brewing Bethlehem Bethlehem Steel Cambria Cambria Winnes den Gies Danville Bessemer Diamond State Steel Peet Co Electric Co. of America Lit Brothers Mos Marsden Sarerersee New Aven Tron & Steel Parkside Pennsylvania Electric Pennsylvania Salt Pennsylvania Steel Philadelphia Bourse Philadelphia Electric Trust Erie Susquehanna Iron & Stee Warwick Iron & ‘Steel Welsbach Companyh Eeary Welsbach Incandescent G. Wm. Cramp Ship & Engine Ballance Westmoreland Coal Ae Eee Eee Ee Seredes Etna Am American Railways Buffalo Railway Seenemenaass Camden & Trenton Railway Citizens Eesnes Columbus Street New Jersey Continental Pittsburghie Fairmount Park Fairmount Park & Haddington Fairmount Park Transportation Frankford & Southwark Germantown Oees Green & Coates Hestonville Indianapolis Street Railway Se Avenue Philadelphia City Philadelphia & Gray's Ferry Philadelphia Traction Railways Company General Scranton Railway Thirteenth Fifteenth Union United Power & Trans United Traction of Pittsburg Weat Pritchelshie Wilmington Baltimore Stock Market Seaboard Railway Sre United A & Ide Bank of Maryland & Pennaa Nat. Bank Bank A Ala Joie Rees City & Sub. Wash Knoxville Traction City Bis van Mid Philadelphia Consolidated Philadelphia Consolidated Stock Exchange St Paul Rock Island Camden Land Bay State Gas Chicago Stock Market America Telstone Ates Asphalt Co. Col Choctaw Zen el & P Ant & B. T Los Pittsburg Ila Ha. Com Cone Pittsburg Stock Exchange Phila. Eig Co. J. Cen OO SR Piresburg Tae Sales Peete Iterdar Ind Knox Mex Iit Car Amer. Cotton Ou Amer. G. Twine Amer. Locomo Tao At. T Balt Obie Brook Rap Canada Southern Canadian Pacific Do. Istin, Pd Chicago & Alton Abe Ealee St. P Amer. Snuff Sugar N. W Ter Do. Sa Sooc., C Cc & St. L Cleve. L Col. Fuel & i Cal South del. & Hudson Den R.G Dee M. & Fr Detroit Gas U. RL Evens T. A Fuller Co Gt. North Hocking Valley Tilineis Central Inter Kan City Lake Erie & W Island Louis Nash Manhattan St. Rwy Pet. R. R Ise Hide & L A. T F. Gmi Adjst Eee Sereses At Stam Sane Svenaee Cher C. Gal Alt Sas C. BL & Joint Consum. Gas Co. Cit Detroit City Powesereer E. Tenn Thee & G. Con Erle Branebot, & O. Gen Aseeeseess Mutual U Nash Ch St Con N.Y. Cent H . Ol R Stereos St. Ky N.Y FE. L Reading-N Jersey Central Col G.I St. L So Unif. & Tig Swn Oly St L A. P Keanonyt Air Line Ry Theese Southern Railway Tees Assee St L Tolst Wabash Eae Asees Eeesiens Wabash B P. G Teeeeee West Sh West Rig K &T Winker East Rt Mo K. & E. Oat Seuen Wis Oongen Columbia Copper Sub-Treasury Northern Ohio Traction Everett-Moore Philadelphia Stock Exchange New York Consolidated Exchange John Stanton Weepah Mining Company Nevada Tonopah Michigan Traction Company Oklahoma Gulf General Fund National Bank Womacets Shey Khans Bonds Advanced, Co G. A Vt Inc Knox, & Ohio Mo. P. Con D.M Cu L.g B. Q. Co Ss C G. Ist Inc NEW York Times’ Review Inet Times Northern Securities Union Copper Circuit’ Court Ramsey County Nun Putfapecrata Times Asia Bourse Equiv Pacific T Paul Central Louis, & Nash Southern Pacific Southern Ry Boerse Liverpool Buenos Ayres Madrid Lisbon Rome London Financial Times New York Times
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