This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 26 articles. Subscribers can read the full text of each article.
Newspaper
Philadelphia Times
Location
Philadelphia, Pennsylvania, United States of America
Date
Jun 21, 1902
Page
12
Philadelphia stocks showed little movement with dull demand and scarce liquidation. United States Steel led a partial rebound while other local issues, including Cambria and Lehigh Valley, traded unevenly amid uncertainty from Thursday’s price break and ongoing market ambiguities.
Stocks and prices move across industries with railroad bids, iron and linseed oil price rises, and a noted wage and output shift. A generous list of financial changes includes Treasury balances, receipts, expenditures, and bank deposits as the market reacts to the era's shifting demand and policy.
Baltimore on June 20 reports money on call at 4 1/2 percent. Market was firm and active with most dealings in high class railroad and street railway shares. Complete transactions for the day follow.
Boston June 20 The market was steady with New England Gas and Copper shares drawing attention. Insiders expect reorganized plan stocks to yield 4 percent with preferred and common shares likely to sell around 90 and 30 respectively. Copper shares remained heavy amid trading. The report lists top active prices versus yesterday's close.
Turbulent week sees New York stocks swing while the Treasury statement notes changes. Analysts cite a $397,000 loss in a key sector and a later adjustment to figures as investors await clearer guidance.
The Money Market in New York opened at 3 percent on call, closed at 2 percent with most loans at 2 percent. Time money stable, fair demand, rates for sixty to ninety days and four to six months shown. Philadelphia money rates down 4 percent. London call money higher at 2 to 2.5 percent. Gold inflow to Bank of England recorded at £581,000, total £740,000 since yesterday. Vienna and Amsterdam markets also advanced.
The sterling market closed firm with demand for actual bills up ye and sixty day bills at 4.85 4.87 percent. Continental rates quoted francs per reichsmark system with various bid offers. Bank clearings yesterday compared to last year show declines across major cities with Boston New York and Philadelphia reporting lower totals.
New York reports steel shares firm after a prior slide as Talbot J Taylor & Co. place late Thursday and Friday orders. The moves are understood to come from J P Morgan & Co. with Taylor, son-in-law of James R Keene, hinting at renewed bullish action. Thomas W Lawson and his allies remain short.
Colorado Fuel shares fell further on June 20 as traders debate the causes. Theories include a rift between Gates and Ongoed factions, possible dividend reduction or omission, and a potential grab by a new controlling interest such as the Steel Trust. Speculators who bought on so called inside information are uneasy about the move.
Weather woes blamed for declines in Ice stock shares as officials note unfavorable conditions for the industry. Concurrent talk of Eastern Illinois and St Louis Southwestern merger fuels renewed speculation, with Morgan brokers reported to hold orders across Morgan stocks.
Special to the Philadelphia Times from New York reports Standard Oil brokers were the largest buyers of St. Paul, making it the strongest stock on the list as of June 20. Brokers acting for major interests drove demand and set the pace in trading.
Market activity in New York improved with bond quotations rising by at least 1 percent. Year to date totals include 360,035 for market to date and 172,403,796 in bond transactions, with collateral loans and commercial paper noted alongside percent rates for three and six month terms.
The New York Times reports that after a morning of renewed selling profits and a later rally came due to technical factors and real buying. Key gains led by Standard Oil, Morgan, Gould stocks, with confidence in future value and ample money supply despite July payments.
In New York market notes a Texas issue shows a 5 percent rise while Bh a 7 percent move is cited. Analysts weigh bonds and equities as swings in energy and tech sectors influence prices. Market watchers monitor broader index shifts and trading volumes.
In Paris on June 20 French 3 per cent rentes closed 10 centimes lower at 101 francs. Spanish tours traded around 81.80 while Argentine, Brazilian, and Turkish securities remained firm. Rentes weakened due to the postponement of the conversion scheme to October. Industrial shares fell, Rio Tinto declined on disappointing copper news, Kaffirs weakened, and Panama Canal Company securities rose after the US Senate vote.
Trading in the outside market showed larger activity than earlier in the week but overall transactions were modest. Copper shares drew little interest, United States Steel bonds moved to 95 partial gains noted, Northern Securities held a narrow range firmer with reduced selling pressure, Dominion Securities rose to 21 bids as expectations of a compass reform move grow, and Webb Meyer stocks showed no activity.
PRINT CLOTH SALES IN FALL RIVER MASS TOTAL ABOUT 000 PIECES ALL ODD GOODS REGULARS NOMINALLY AT 34 CENTS FIRM YET BIDING MAY REACH 31 CENTS CURRENT PRICES 28 IN 64X64 344 CENTS 39 IN 68X72 4 1/2 CENTS OUTLOOK FOR THE NEXT FOUR TO SIX WEEKS IS QUIET BUSY PERIOD EXPECTED TO BE SLIGHTLY BETTER THAN PREVIOUS WEEKS.
New York June 20 The purchase of Atchison shares today shows street belief in rising stock prices as Berwind predicts strong future gains due to system-wide demand and scarcity factors.
The New York report for the week ended June 19 shows Bradstreet’s table of bank clearings across principal cities. It lists the percentage increases from the previous year and compares totals with the corresponding week last year.
The Colonial Sugar Company with capital 3,000,000 was incorporated in Trenton to grow sugar and refine sugar. Incorporators are Henry E. Mattison Henry John Bingham and William H. Wilson Jr of Jersey City. Also the Light Company with capital 900,000 insures candlelight and illumination. incorporators are Mullen Walter Harris and Charles U of Camden.
On the Berlin exchange business was dull with Spanish tours weak and iron shares falling due to negative mining centre reports. Bank stocks held steady and Canadian Pacific shares declined.
Paris three per cent rentes quoted at 101 francs 7 centimes for the account. London exchange at 25 francs 18 centimes for checks. Spanish 4s closed at 80. In London the Bank of England reports bullion intake of £581,000 on balance today.
New York June 20. The Wabash price hits a new high as buying rushes in from Gould brokers and from Pittsburgh and Philadelphia interests. Rumors say Pennsylvania Railroad interests are seeking representation to block Wabash in Pittsburgh while others link purchases to Carnegie and his associates. The Wabash supposedly secures the Carnegie Company’s business in and near Pittsburgh.
Boston reports note operators wagering on Amalgamated Company's next dividend. A $500 to $1,000 bet claims the firm will not pay three more regular dividends and that one of the next three payments will be skipped. The dispute centers on expectations set a year ago about dividend reductions.
Cleveland Cincinnati Chicago and St Louis Railway declares regular quarterly 1g per cent on preferred stock payable July 21. Wells Fargo New York semi annual 72 cent and extra 1 per cent payable July 1. Joseph and Grand Island Railroad semi annual 244 per cent on first preferred stock payable July 15. Quaker City Cold Storage and Warehouse Company semi annual 3 r cent ($1.50 per share) on full paid capital stock and 1/2 per cent 75 cents per share on portion with only $25 paid, payable July 2.
The New York metal market rose after London's gain with spot tin at 128 pounds and futures at 1 15s, copper steady to higher with London prices mixed, lead and zinc dull with weak London closes, and electrolytic copper July trading around 12.15 dollars.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.