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Philadelphia Times in Philadelphia, Pennsylvania

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Newspaper

Philadelphia Times

Location

Philadelphia, Pennsylvania, United States of America

Date

Jun 19, 1901

Page

8

Cambria Steel Leads Day on Philadelphia Stock Market

Activity in Cambria Steel stock and warrants pushed total trades to 122974 shares, with 80486 Cambria Steel shares, 9858 ex-dividend, and 70578 warrants. Early heavy buying cooled after rumors of control by a major capital group and a New York pool. market closed dull and weak as other local issues fell.

Cambria Steel New York United States Steel Corporation Diamond State Steel Common Moore & Sedley Southern Cotton OU American Cotton Oil Company Indianapolis Street Railway Union Traction Electric Company of America American Railways Company Pennsylvania

News Notes of the Day on various business and rail items

A wide roundup reports Cambria Steel stock approving the reorganization plan. George McCall named president of Tidewater Steel. J Horace Harding sails for Europe for two months. Rock Island Railway crop report shows improved grain conditions. Treasury buys bonds totaling 9,500 5 percent and 87,100 4s. Metropolitan Street Railway to declare a 1 1/2 percent quarterly dividend. Government receipts and miscellaneous expenditures listed. Money market steady in Philadelphia. mercantile paper dull. American Distilling stock trades on NYSE with initial strength then pullback. Union Trust stock hits peak price. Consolidated Lake Superior dividend record date moved to July 1 with new certificates debuting July 2. National Asphalt officers cautious on Venezuela minister Bowen. London stock prices fall with heavy arbitrage selling on US Steel, Union Pacific, and Southern Pacific. total sales around 60,000.

London United States Steel Union Pacific Southern Pacific American Cement American Tobacco Bethlehem Iron See Camden Lan Cambria Tron Cambria Consolidated Atte Wee - Seweee Atte Eee Investment Co Philadelphia Olls Serres Pennsylvania CNR Pennsylvania Electric Sapere Pennsylvania Steel Pennsylvania & Northwestern Philadelphia Company Philadelphia Electric Hee Hte Railways Company General Philadelphia Traction Secon Susquehanna Tron & Steel Aly Sovern Tate New Ene Tidewater Pete Ree Esa Enews United Gas Improvement Tt Union Traction Warwick Iron & Steel Welshach Company United States Duck Company Seaboard Air Line Common Consolidated Tobacco Union United Street Railways of Ask Agen Mae Amal, Ag Amalgigamated Amer Car & Found Stece C.&f Long Island Baea Nash American Lee Central St. Lim Amer Kan. & T Nat Vead Air Baltimore & Ohio Central of N Brook R. Tr Nor & Ww Chesapeake & “Otis Canada South Chicago & Alton Ohio Area Pacific Coast Chicago Great Wes Tiy Labs Grest W Chicago Ina Mil M&s Nicksilver Reer Es Ir Colorado & Southern C, . Co& Rub. Oods St & G Co Consolidated Gas Continental Tobacco Rat Tho Del Delaware & Hudson. Lack Consol St Do Denver & Rio G. & West General Medric Great Northern Hocking Valley Illinois Central International Paper Tho International Camp Iowa Central Lake Crie & West Louteville Pees Nashville Metropol St Mo Kan Texas Missouri Pacific New York Central Ontario & West Norfolk & Western Northern Pacific Osy Pacific Mail Pullman Palace SOL Republic Ran & Steel St. L. San Fran Southern Railway Tennessee Coal & Tron Texas & Pacific Texas Pac. Land ‘Trust Ubber Western Union Tele Wheeling & Lake Erle

Market Outlook and Banking Movements Report Across Cities

The article notes possible coal price increases and mixed gold shipment rumors from New York. It details call and time loan rates, stock movements, and dividend expectations for United States Steel and Reading stocks. It highlights Lancaster Railway and Light Company prospects, Treasury balances, and North American stock market strength amid speculation on coal financing and corporate reorganizations.

Money on Call and Bank Rates Across Markets

Money on call at the Stock Exchange opened at 3 percent, peaking at 5 and closing around 4. Time money offered with moderate freedom, mercantile paper scarce but appealing drafts appeared. Philadelphia call money fell, London call money rose, Bank of England gold moved in, and Germany cut its official discount rate from 4 to 3.5 percent while noting a history of rate changes from 5 to 4 percent in prior years.

Philadelphia Stock Exchange Mercantile EMD Cco Bs Dnc Vcescsace Boston Big 8 Agi Sypadis Ak Ana London Bank of England Imperial Bank of Germany Bank of Germany

Stock Market Slump with St Paul Deal Rumors Looming

The New York market fell through resistance to a lower overall level as selling intensified and few pockets of strength appeared. Rumors over a St Paul deal caused uncertainty, with reports of bonds and coal stocks reacting while Union Pacific and Northern Pacific discussions influenced movements.

Sun Market Review Highlights Shifts in GoldTransfers and Rates

The New York Sun reports a reactionary stock list influenced by fears of an active money market after gold transfers to Germany and possible large shipments. Easy foreign exchange and a lowered German discount rate tempered the drop, while coal loans held at 4 to 5 percent and time money tightening amid larger operators selling. United States Steel showed strength as dividends and consolidation effects appeared, but overall market structure remained mixed with rail shares lagging.

New York New York Stock Exchange Room Shorts Bears St. Paul Morgan-Hill Harriman-Kuhn-Loeb Northern Pacific Burlington Union Pacific Missouri Pacific Colorado Tennessee Amalgamated Copper Germany Berlin United States Steel NEW York Sun The Sun of Tomorrow Imperial Bank of Germany Stock Exchange Union Pacific Common St. Paul Common United States Eet Corporation Svat Melunabace Tnear Cee Ateet Atene Court of Errors New Jersey

New York Stock Exchange Sees Irregular Outside Securities Trade

On June 18 in New York the outside securities market showed irregular activity with moderate volume. American Can common shares rose to 27% or 28% on large sales as about one thousand preferred shares traded.

New York Stock Exchange New York Stock Exchange

New York Stock Summary Shifts From Monday Close

Yesterday saw varied trading with inter. suver and Central stock notes, bid increases and implied price shifts. The report lists intraday highs and lows, closing prices, and share volumes for key issues, reflecting modest gains and declines across sectors.

New York Closing Prices on Montage and related stocks

New York closing prices show Montage and related issues across bi ds and asks. Details include Do pref and Gen Electric and United States Duck Company with modest price movements amid varied activity. Bond quotes and other industrials such as Detroit Gas and American Steel are noted with minor shifts in value.

Boston Stock Market Shifts After Holiday

June 18 Boston stock market opens active after the holiday with general steadiness. Heavy trading in Amalgamated and United Fruit Company as dividends were adjusted, United Fruit cutting its dividend from 10 to 6 percent.

Boston Amalgamated United Fruit Company

Also Mentioned on This Page

Philadelphia Stock Market George McCall Dick Bros. & Co Tidewater Steel Company J. Horace Harding Charles D. Barney & Co Europe Rock Island Railway Secretary of the Treasury Metropolitan Street Railway National Bank Union Trust Company Pittsburg Consolidated Lake Superior Company Venezuela Herbert W. Bowen Persia George W. Elkiva National Asphalt Company Stoges and Bonds Ambered Nts Vocoeeeee Vekssorn Choctaw Hs Choctaw & Memphis Delano Land Ss Edison Electric People’s Traction Equitable Illuminating Gas Ala Harrison Bros Pennsylvania Steel Ss DOG Aenean Eer American Railways Baltimore United Railways Lehigh Avenue Buffalo Railway S Ferry Citizens’ Parner Columbus Street Pitteburg & Birmingham Traction Thirteenth Fifteenth Streets Sane Duquesne Traction Fairmount Park Haddington Frankford & Southwark United Power & Rans Germantown Vane Traction Green & Coates Hestonville Tee Watt Railways & Electric West Philadelphia Holmesburg Tacony Marsden Sar Ee American Iron & Steel Brooklyn Crough Parkside Brook N Gas & Elec Light Pennsylvania Electric Vehicle Teres Enna Pennsylvania Sait Philadelia Bourse Danville Bessemer Southern Cotton See Steel Girard Rem Cee Irona Steel Evve Do Allotmen Ee Imp. Recwass General Eiectrick Automobile Serene Warwick Iron and Stee Eave Weet Tewrens Harrison Bros. Co Eerse Welsbach Commercial Harrison Bros. Co. Incorporated Welsbach Commercial United States Corporation Exchange of Securities William B. Given Columbia Lancaster County Railway and Light Company Focht Emery Treasury General Fund NEW York Stock Market Inter Suver Iho Central Tym Fitot Ak Pam Detroit Gas Mos Do A. Ibe Erle Do. Ist ‘Prefort Odions O. Berg Y Gen Lisa R. Tenn Texas & Aera Es Fwin Ti. T. UN. B Union Pac U.S Aed Co Ares Tex Southern R R.& T. Inc Wess Esas Pac. Trust G Aus N. Ww I. B Col N. J. Gen Pac Ches. & O. RL Ieee WGI T. H D. C Ees & May “Co Bergen O.con Minn St. L Philadelphia Times New York Times Asf Vain Nates C., C Mob Mont Sa. Cen H L St. L. & West Eae Heeri Cen H. R. BO Y. Gas E. L. H MOOD Orf West Ll Or. Pac. Gni Gt. Nn Fey Sh. L. Con Eo. & B. Inc Rio G. W L. E. Con Ugh Bon & Albany Boston & Maine Boston & Montana Calumet & Heela Jentenn Cochiti Mining Oi Dominic Dominion I, & Steel Isle A Gas & Cok Osceola Mining Hide & Leather Aberdeen Co California Centra Fireworks Central Fireworks Central & So Shipysani Denver Tl Io Co Diamond “Mateh Ol, Dist. Co Empire Steel Empire Steel of Coke Flem Orman Nereasties Mavens Hall Signal Hudson Rly Ee Tees Breil Iron Steam Te Cetey Enam É& Met Mp N. Y. Realty Corp N.Y. Trans Otis Eleva Evans Seaboa Turing T & Trac Owen Er Boston Stock Market
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