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Newspaper

Philadelphia Times

Location

Philadelphia, Pennsylvania, United States of America

Date

Jun 21, 1901

Page

9

Auction of Stocks and Bonds Through M. Thomas & Sons

M. Thomas & Sons sold a batch of securities at auction yesterday including Penna Seaton at the Fine Arts, Commonwealth Title Insurance and Trust Co. ten dollar shares, Southwark National Bank ten shares, National Bank 75 shares, Park Transportation Co, Philadelphia 3 per cent bonds, Delaware R R Co consolidated 6 per cent, Philadelphia Reading Coal and Iron and related coal trust issues with various due dates and denominations. The list reads like a diversified portfolio of Philadelphia area financials and rail interests with multiple 3 and 6 percent yields and several due dates in the near term.

M. Thomas & Sons Penna. Seaton Fine Arts Commonwealth Ins. & Tr. Co Southwark National Bank One National Bank Park Transportation Co Philadelphia Wilebickis Phigh Goal & Nav. Co Mtge Gee Ae Delaware R, R. Co Phi Delphia & Reading Coal & Iron Ss Coal Trust

Securities to Be Listed on NYSE in June

New York June 20 Application has been made to list these securities on the New York Stock Exchange American Telephone and Telegraph Company 15000000 4 per cent collateral trust bonds of 1929 and 114946000 capital stock Central Branch Railway Company 3459000 first mortgage 4 per cent bonds of 1919 Houston and Texas Central Railroad Company 1105000 first mortgage 6 per cent bonds of 1930 of the Waco and Northwestern division Pennsylvania Railroad Company 50500 additional capital stock Diamond Match Company 14750000 capital stock

New York New York Stock Exchange American Telephone and Telegraph Company Central Branch Railway Company Houston and Texas Central Railroad Company Waco and Northwestern Pennsylvania Railroad Company Diamond Match Company

Sterling market eases on Germany bill support

New York foreign exchange notes a softer tilt as bills move more freely after Wochen gold shipment pressure. Actual rates close down fractionally with sight and demand bills easing and commercial bills quoted slightly lower. Continental bills vary with Trupee and reichsmarks listed alongside guilders rates.

New York Germany Trupee Reichsmarks Guilders Mn Exchange

European stock markets drift amid dull trading

London stocks closed with mixed moves as Consols fell 3-16 to 93 11 16 and Grand Trunk rose, while American securities softened then steadied. Money rates in London edged down, discounts eased, and activity was subdued amid anticipation of local loan issues. The Bank of England kept the minimum discount at 3 percent as European rates shift.

London Cernadian Pacific Anaconda Stock Exchange Wall Street Grand Trunk New York Stock Exchange

Paris Bourse Sees Irregular Trading and Shifts

French 8 per cent rentes rose 714 centimes to 100 fr 27c but closed weaker at 100 fr 17c. Spanish 4s near 71.97% after 72.17% the day before. Industrials recovered while rentes and Portuguese stocks advanced. Italian securities were dull and Spanish 4s slipped on adverse exchange amid rumors of a Spanish finance minister resignation. Brazilian shares remained firm as most listings closed dull and easier.

Paris Boerse Paris Senor Urzalz

Berlin Markets Steady Amid Mixed World Shares

Berlin trading opened with funds active and bonds firming while international shares were quiet. Spanish securities eased on Paris tips and American issues held steady. Canadian Pacific rebounded and local securities fluctuated but closed firmer on bear buying.

Berlin Boerse Paris Canadian Pacific

Treasury bills applications in London hit £3.5 million

English Treasury bills in London attracted applications totaling £3,500,000 for £1,588,000 twelve month issues dated June 25. Allotments average £8 2s 10d per cent. The previous London allotment on March 30 was £2,720,000 at an average price of £3 18s.

Treasury London

Foreign Financial Notes and Bank Rate Movements

Global financial wires report discount rate cuts at the Bank of Bombay and Bank of Bengal to 5 percent, with the Bank of England unchanged at 3 percent. London notes bullion inflow of £91,000 and a Morgan return to New York. Paris quotes three percent rentes and exchange rates, while treasury allotments total £1,588,000 with six million sterling in public deposits shifting due to new consols payments.

London Bank of England

Money on Call at Btoc Sets

Fragmented clipping notes a financial or betting phrase with unclear names or dates. Readable bits mention demand and an online angle, but details, participants, and outcomes remain unreadable.

Philadelphia Faces Largest Bond Issue in City History

The city offers a $9,000,000 three percent loan on Monday, the second largest in Philadelphia history, with total debt at $54,919,595 on January 1 and net debt $42,651,000 after sinking fund credits. Some bankers doubt its success due to weak market demand and prior bidders' current commitments, though past three percent issues sold at premiums.

Philadelphia Sinking Fund Sinking Fund Commission

Views of Brokers on Railways and Market Outlook

Penrose Fileisher of H F Rachman & Co and Kay Cooke of Charles D Barney & Co voice optimism about a stronger market in summer due to record railroad earnings and anticipated loanable funds. They foresee benefits from Western railway consolidations and continued economic prosperity despite rate wars and potential loan calls. Willam D Binck notes opposing forces of gold exports and high profits and crop prospects shaping a cautious but hopeful outlook.

Penrose Fileisher H. F. Rachman & Co New York Kay Cooke Charles D. Barney & Co Willam D. Binck

Public dividend notices from multiple companies

The list shows quarterly and semi annual interest payments from firms including Amalgamated Copper, Electric Storage Battery, Mexican Telegraph, De Long Hook and Eye, Norfolk and Southern Railroad, General Chemical, Proctor Gamble, Wells Fargo, Continental Trust, Columbus Edison Electric Lighting, Wabash Railroad, and others with payment dates in June and July and rates ranging from 1% to 8% on common or preferred stock and on debentures.

Amalgamated Copper. Company Electric Storage Battery. Company of Philadelphia Mexican Telegraph Company The de Long Hook and Eye Company Norfolk and Southern Railroad Company General Chemical Company of New York Proctor & Gamble Company Cincinnati Wells-Fargo Company of Continental Trust Company of Columbus Edison Electric Lighting Company Wabass Railroad Company Cleveland Chicago Louis Railroad Company Electric , Storage Battery CO Ae Avenue 19Th Street Philadelphia W. G. Henderson Welsbach Company N. W Broad and Arch Streets Lewis Lillie

Delaware charter news lists new firms for Philadelphia Times

Special to The Philadelphia Times from Dover reports multiple Delaware based companies chartered on June 20. Included are The Saltet Sign Company with $4,000,000 capital and several others such as Ox Beef Company with $1,000,000 capital. incorporators include Francis B. Mathys of Montreal M A Wilson of Fridges NY Charles E. Wickes of New York and William T. Wells of Montclair NJ.

Delaware Philadelphia Times Dover Saitet Sign Company Philadelphia Lunevicas Noe Company Inase Nea Wiesst Company Boston Capital Trenton Ox Beef Company Francis B. Mathys Montreal M. A. Wilson Fridges N. Y Charles E. Wickes New York William T. Wells Montclair N. J Pee Corporatory

Market Receipts Slump Amid Weak Grain Prospects

Commercial markets show 20 000 bushels received and 250 608 held as stocks while prices fall on weak crop prospects and bearish Western speculation. Cables are firmer but export inquiry is light. No. 2 red and yellow bids and asks are listed with various locations and June calls.

Delaware Wee The Ettainer

Market Summary Reports Crop Shipments and Car Sales

Receipts show 18 820 bushels with shipments of 30 000 bushels and total stock at 101 439 bushels. Market was a shade firmer with light offerings and fair local trade demand. Sales included eight cars, No 2 white, at 38 lgc and two cars, do, at choice, in vacancies.

Carlota Inet Vac

Market Receipts and Wheat Quotations on Record

Receipts totaled 2 500 barrels and 1 604 478 pounds in sacks as quotes remained quotably unchanged yet heavier in appearance. Holders sought sales while buyers showed little interest, purchasing only for actual needs. Prices: Winter super 2.10 2.25 extras 2.40 2.65 Pennsylvania roller clear 3.00 8.25 straight 3.25 3.40 Western winter clear 3.15 3.85 straight 2.35 3.55 Kansas straight 8.30 3.50 patent in sacks 3.55 3.65 spring clear 3.00 3.35 straight 3.50 3.75 patent 3.75 3.90 favorite brands 3.95 4.10 City Mills extra 2.40 2.65 clear 3.15 3.3 straight 3.35 3.50 patent 3.70 4.00

Kansas City Mills

Rye flour prices hold steady at 2.70 to 2.85 per barrel

Market notices show rye flour as dull and unchanged with quotes at 2.70 to 2.85 per barrel for agricultural quality. No other major shifts observed.

Butter Market Report Shows Strong Demand and Firm Rates

A market overview notes good demand for fine goods with supplies tightly sold. Prices cited include Western creamery extra at 19½ to 19¾ cents, flints 18 to 19 cents, prints wholesale 20 cents, and Jobbing 21 to 24 cents.

Dairy Market Note in Silent Trade

A brief market summary notes subdued activity with light offerings and fair demand. Quoted prices include New York full cream small boxes choice Uoe, fair to good quality part skim GaT c, and similar descriptors.

New York

Egg Market Report Shows Steady Demand and Firm Prices

Fresh stock offerings were moderate as demand remained strong. Pennsylvania and nearby markets showed choice quality with 14 cents off, Western region offered loss off at 4e, and other grades ranged fair to good with 1281 4e cited.

Pennsylvania

Auction Prices for Fowls and Poultry Decline Mentioned

The text notes ample, quiet supply at a late decline with poultry items listed. Fowls and hens range around quality notes, old roosters priced at 7c, spring chickens 20c to 23c per pair, weights given, and terms resemble a marketplace listing.

Prices for poultry at fair request and firm with moderate supplies

Quotations show French killed fowls choice fair to good falge old roosters six and a half to seven cents per pound broilers near by weighed three and a half to four pounds per pair twenty five cents do near by smaller sites 208 five Western dirty? scalded frosen chickens list includes 1 full scalded item.

Commodity Prices and Demand For Meat Products

Market report notes steady demand for city beef in sets and smoked Western beef. Quoted prices include knuckles and tenders smoked, hams and shoulders cured, breakfast bacon and lard options, with various brands and average prices across several categories.

Tlercen

Market Demand Sparks Mixed Produce Quotations

Demand was fairly active with varying California orange and strawberry quotes. Prices ranged for oranges per box, Mediterranean sweets and other fruits per quart, and bulk fruit rates across Florida, Georgia, and California, reflecting fluctuating supply and regional pricing.

California St. Michaels C. Taisen Stacbee Florida Georgi Do Erate

Refiners list prices for refined sugars with small shade changes

Refined sugars show limited request and price lists with minor shifts. Prices posted include Dominoes at about 6.05 cents and powdered forms around 6.70 cents, with soft grades down to 5.20 cents and extra fine granulated near 5.65 cents after a 15 cent per hundred rebate at month end.

Unclear Commodity Notes From Fragmented OCR

Fragmented OCR textual clues mention ROSIN COFFEE and SUGAR with various quality notes and percentages. The text lacks coherent events or dates and appears as rough product descriptors without a clear news item or outcome.

Cotton market soars on bear scare and investment buying

New York cotton trades amid bear scare and heavy buy orders from New Orleans and Liverpool. Opening quiet but firm, prices rise 2 to 19 points as speculators and spinners push futures higher. Short cover, dry southwest weather, and strong demand abroad fuel a bull run with a final day gain of 12 to 19 points.

New York Jime New Orleans Liverpool Shorts Theuthwest Livermarket Kaastern Wall Street Carolinas

Wheat and corn mixed as Chicago markets steady

Good crop prospects eased wheat losses with September delivery down then firm. Corn held firm amid dull trade and strong receipts. oats rose while provisions were unchanged to higher. Traders watched export cargoes and primary receipts while weather and crop reports influenced prices.

Chiicago France G&c Duluth Seaboard Yale Essace Goey

Live Stock Quotations From Major Markets

Chicago reports cattle receipts of 500 head with Texans strong to prime steers priced 5.60 to 6.30 while other categories vary. Hogs totals reach 25 000 today with sales around 5.92 to 6.40 and Western sheep and native lambs quoted at 4.50 to 6.25. Cincinnati notes hogs steady at 6.06 and cattle steady at 2.50 to 5.25, while New York shows limited cattle activity and steady to higher sheep quotes around 6.35 to 6.80. East Buffalo lists cattle and sheep receipts with mixed carloads and price ranges.

Chicago Texas Texas Bulls Liberty New York East Buffalo Care 'Hee Ib Cain

Hay and straw market receipts and bid prices

Receipts totaled 320 tons of hay and 2 carloads of straw. Demand was light and prices fell. Quotations showed Timothy hay No 1 large bales 15.50 to 16, No 1 small bales 14.50 to 15, No 2 13.50 to 14, mixed hay 12 to 12.50, straw No 1 parse ye 14.50 to 19, No 2 and Norton 3 oat 7 to 7.80, No 1 wheat 7.80, No 2 wheat 7.80.

Do. Ee Norton

Fragmented Trade Note on Bulk Commodities

A sparse OCR item notes quiet commerce with bulk and bagged grains. It mentions prices per ton and sack sizes, signaling stable supply and modest trading activity in a local market.

Cotton Prices Movable on Quiet Market Basis

Cotton was quiet and barely steady at 11 16 cents per pound for middling uplands.

New York Prices for Flour Rye and Cornmeal Report

New York market notes show flour receipts of 25 250 barrels with exports of 18 046. Rye flour prices quoted between 2.75 and 3.50 per unit, cornmeal and barley also listed. Wheat receipts at 269 950 bushels with exports 220 761. prices for No 2 red at 75 to 76 cents. Market described as dull then rallied on export demand, closing steady with slight declines.

New York Duluth Liverpool Shorts

Wool Sales in Oregon at Shaniko Market

Wool sales in Shaniko Oregon totaled 1 360 000 pounds with prices ranging from 11 to 12 1 2 cents per pound. The sale reflects strong demand and steady bidding as growers move wool through the Shaniko market.

Oregon Shaniko

Cotton acreage report update from Commerce and Census officials

Secretary Hester of the New Orleans Cotton Exchange, returning from Washington, says officials will hasten the acreage and manufactures reports. Director Merriam of the Census Bureau pledged to publicize the acreage figures, stressing their importance to observers and analysts.

Birmingham Ala Hester New Orleans Cotton Exchange Joon Washington Merriam Census Bureau North

Cotton acreage estimates amid 1890s census delays

The article notes that official figures for cotton acreage have been unavailable since the 1890 census. It cites that 1890-1900 figures will show progress since 1889-1890, and praises the forthcoming census report as the most accurate yet for cotton and general agriculture.

Iron market shows renewed buying in Pittsburg district

The Iron Trade Review notes higher pig iron activity as two large buyers in Pittsburgh lift demand for Bessemer ore in the week. Purchases exceed 100000 tons with deliveries extending into two months. Southern foundry irons sell 1 to 1.25 below market, northern central westerns 0.75 to 1 below top early year prices. If molders strike is avoided and machine shops improve, an active market for the year is expected.

The Iron Trade Review Bessemer Pittsburg Bessemerancey Miechinists

Harriman plans unify traffic across Pacific system

J O Stubbs arrives in San Francisco as traffic manager for Harriman interests. He explains the role will give one man full charge of traffic for Southern Pacific Union Pacific Oregon Railroad and Navigation Oregon Short Line, reporting directly to Harriman. The plan aims to divorce traffic from other road affairs and end pools and informal agreements.

San Francisco J. O. Stubbs Southern Pacific Harriman Chicago Stubbs Union Pacific Oregon Railroad and Navigationee Oregon Short Line E. H. Harriman Rena Tuinels Central Chicago and Alton

Big Texas Railways See Record Earnings Gains

Texas railroads report strong nine month results to the State Railroad Commission. Freight earnings rise to 35.4 million, up 6.24 million. gross earnings reach 47.36 million, up 8.54 million. Operating expenses climb to 31.63 million, up 3.76 million. operating income 15.73 million, up 4.76 million. March year over year shows large increases in all main measures.

Texas State Railroad Commission

Wabash Directors Elect New Board Leaders

At a Wabash Railway Company directors meeting in New York President Ashley was elected chairman and Vice President Ramsey was advanced to the presidency. Ramsey also heads Wheel ing and Lake Erie Railroad and has managed Wabash operations. J W Patterson seeks bids to build the Monongahela bridge and first twelve miles of track for a proposed Pittsburg line, with total cost near 3 million dollars and about 8 thousand tons of steel required.

New York Wabash Railway Company Ashley Ramsey Wheeling and Lake Erie Railroad J. W. Patterson Pittsburg, Toledo and Western Railroad Pittsburg Wabash Monongahela Bridge

Camden PA Railroad Terminal Opens Sunday Amid Incompletion

The new Pennsylvania Railroad terminal at Camden will begin operations Sunday though not all sections are ready. Tracks are laid, connections to be completed after late Saturday night. Superintendent Dayton of West Jersey will oversee. A new ferry schedule starts Sunday with boats every five minutes, and every four minutes at peak times.

Pennsylvania Railroad Camden Dayton West Jersey Ferries

Rumor Basis Seen in Railroad Control Talks

The Evening Post reports rumors about control of the Chicago Milwaukee and St Paul Roads stem from a broad mooted uniting of Rockefeller, St Paul and Schiff interests in the Pacific. It suggests St Paul may cooperate on rate matters to avoid discrimination by Pacific roads on trans continental business.

New York The Evening Post Chicago Milwaukee St. Paul Rockefellers Schiff Pacific

New Yorks Herald Square Seen as Fast Line Terminus

Belief holds that Pennsylvania Railroad will bring a new terminal fast river project to a Herald Square area in Manhattan, with plans for a direct connection to Grand Central Station. Officials Baldwin and Head oversee the proposal as part of the Long Island line expansion.

Herald Square New York Pennsylvania Fihoel Long Island Baldwin Hea A Teenaeiensts Grand Central Station

York Envisions Unified City Government Reform

After January 1 a single board of Aldermen will replace the present municipal assembly under the new charter. The change signals a centralized city government for York affecting Pennsylvania and Long Island Roads oversight.

York Pennsylvania Long Island

Government's Interest Sold in Sioux City and Pacific

The government's stake in the Sioux City and Pacific Railroad Company was auctioned at the Treasury for 1.872 million dollars in cash plus 250 thousand dollars credit for mail and troop transport. Chicago and North Western Railroad Company bought the failing line, which ends most government holdings in insolvent Pacific railroads aside from Union Pacific's Central Branch. Principal debt stands at 1.6 million with interest about 2.141 million.

Washington Sioux City and Pacific Railroad Company Treasury Department Chicago and Northwestern Railroad Company Sioux City and Pacific Pacific Central Branch Union Pacific

Burlington Deal To Be Completed

Boston June 20 The Chicago Burlington and Quincy directors held their monthly meeting and aside from private matters no action was taken. It is learned the Great Northern Pacific mortgage covering CB&Q stock will likely be formally executed within a few days.

Boston Chicago, Burlington and Quincy Railroad Great Northern Northern Pacific Chicago, Burlington and Quincy

Ownership of streets in Nashville case decided

Nashville court rules Nashville Railway holds perpetual ownership in city streets after suits to revoke the charter for transfer of franchises. It held that city consent was not essential, as required by law. The decision affects the continuation of the integral lines in Nashville.

Nashville Tenn Chanice Or Cook Nashville Railway

Reading awards contract for Schuylkill Haven station

The Reading Railway awarded H. M. Moyer of Pottsville the contract to construct a handsome stone passenger station at Schuylkill Haven this summer. Directors of the Mexican Central Railroad authorized purchasing the Monterey and Mexican Gulf Road, 390 miles long.

Reading H. M. Moyer Pottsville Schuylkird Haven Mexican Central Railroad Boston Monterey and Mexican Gulf Road

Bank clearings drop from year ago figures

Bank clearings yesterday totaled 19,738,809 in Baltimore, down from 18,561,222 or 4,561,222? The concise data shows a decrease compared with the corresponding day last year.

Agee Ggnaahi Baltimore

Bankers seek parity for 2 percent bonds with par value

Boston bankers and others urge Secretary Gage to reverse a prior ruling and allow government 2 percent bonds to be received at their par value as security for public moneys in national bank depositories. The Girard National Bank will move temporary offices after tomorrow to the Hack of the Republic building on Chestnut street, while its new headquarters are built.

Boston Gage National Bank Girard National Bank South Third Street Hack of the Republic Chestnut Street Ird Girard

Opening of Camden Terminal and Ferry Service

The Pennsylvania Railroad will open its new Camden terminal at Federal and Market streets Camden on Sunday June 2. From that date ferries will operate to and from the new terminal only and the old ferry houses will be abandoned.

Pennsylvania Railroad Camden Pennsylvania Railroad Company Federal and Market Streets Iepe

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Bul Ask Broadway Sev Ave Broadway Surf Brooklyn City Nt. Park N. & E.R Uimbue ‘Railway N.J Oo Tou Ion Igi Buaha St.n.a al Grand Tupi Isau Prt Ist Yracus Union. Rwg United Tract United. Traction Bonds Wer Mass Trac State Ots A. Reese Central Nion Teva Hon Bog Newark Sox Gover Rete Ete Etna Raves & Hudson Indianapolis Gas Ampus Mutual Gas New Amsterdam N Gas & Coke Co E.R. G. Co Northern Union St. Joseph St. Pau Bt Co Cablegram Pittsburg Stock Exchange Ned Pittehars Coal Pittsburg Art Glass Essemcer R Pagerine Brew. Co Chigaco Stock Market New York Exchange Canal & Dock Central Union Chicago Brewing Chicago Union Trac Lake St Northwestern North Chicago Union L Reichsmarks Holland S&s. B European Stock Markets Cn At Cabo Ss Divi Ge Chess Evdeeuens Banhrocs Chesis Chasss Méney Piety P.ct SOD U Dbo Gees Frankfort Bank Katda Omindgeg Js Inj Amenterdam Bank of Bengal Calcutta P.ct. P.ct Bank of Bombay N.Y Atchison Soy SRT Co Tor Baltimore & Vipat Oeneain Pacifica Ches, & Ohioaig C M. Chic Den Rio Grande Illinois Central Louis, & Nash Nor West Nor. At Es Railway Paca Wi . Uy Bourse Sta Bank of England Oh Tcoke Clienation Inc Bank of France Francs Inc Treasur Bombay J. Pierpont Morgan New Jersey Fergierte Southern Peachblows Norfolk Ens Southern Mississippi Cordova Low Close Jone CYPWR Credit Dala BIG Texas Railway Philadelphia Trust Becan S. J. Livingston Erringer Lincoln Godfrey James M John H. Converse William 8. Grant Samuel Y. Heebner William Weightmian William H. Lambert William L. Boss N. Parker Shortridge John Story Jenks William W. Frazier J. Livingston Erringer William L. Dubois Edmund D. Scholey Sec't Henry B. Russe Henry B. Helfrich Bankers and Brokers Philadelphia Stock Exchange South Fourth ST Burlington Erie Railroad Marion Junction Ohio St. Louis Franciseco Tien Tsin China Co. BE. Trevetick England Nelson Perin United Railways and Electric Company George R. Webb Maryland Telephone Company American Car and Foundry Company Jersey City Gerald Hoyt J. B. Haggin James M. Buick R. Woodin Berwick
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