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Newspaper

Philadelphia Times

Location

Philadelphia, Pennsylvania, United States of America

Date

Jun 23, 1901

Page

9

Specie Exports And Imports Reported In New York

Exports of gold for the week ending today total 4 621 101 with 3 255 000 in bars and coin sent to Bremen aboard the Lahn and 934 778 in bars to London. Imports of gold this week reach 4 175 with bullion and coin from Central America and Mexico. Since January 1 gold totals 27 834 695 and silver 24 987 701, compared with last year early totals.

New York Custom House Bremen Lahn London Central America Mexico

New York Banks Report Declining Reserves and Mixed Loans

The Associated Banks of New York report for the week ending today shows a surplus reserve drop of 2 170 775, loans up 1 811 400, and deposits down 1 350 100. Specie falls 3 856 500 while legal tenders rise 1 348 200, with circulation down 16 900 and detailed figures for net deposits, circulation, reserves, and surplus.

New York Associated Banks of

London bar silver holds at 277 16 pence per ounce

Market notes report London silver bars steady at 277 shillings 16 pence an ounce. New York commercial bar price unchanged at 59 260 percent, government assay bars steady at 60a60. Mexican dollars remain quoted at 4714a50 with no change.

London New York

Carnegie's Great Scheme Expands Steel Holdings Across Regions

Pittsburg June 22 The Carnegie Steel Company will absorb the American Steel Hoop Company and the National Steel Company. It will acquire the Ohio Steel Company Youngstown Shenango Valley Steel Company New Castle Bellaire and others. The deal adds plants including J Painter & Sons Isabella Furnace William Clarks Sons Lindsay McCutcheon Union Iron Youngstown Monessen P Kimberly Sharon Portage and Pomeroy Iron works.

Pittsburg Carnegie Steel Company American Steel Hoop Company National Steel Company Ohio Steel Company Youngstown Ohio Shenango Valley Steel Company New Castle Pa King, Gilbert & Warner Columbus Bellaire Steel Company Bellaire Aetna Standard Iron and Steel Company Bridgeport Mingo Junction Buhl Steel Company Sharon, Fa Sharon Iron Company Sharon, Pa Rosena Furnace New Castle Thomas Furnace Company Niles Ohio Iron Company Zanesville Columbia Steel Company Uniontown Standard-Connellsville Coke Company Pleasant Unity Continental Coke Company Original Steel Company Carnegie Company J. Painter & Sons Company Isabella Furnace Company William Clark's Sons Company Lindsay & McCutcheon Union Iron and Steel Company Monessen Steel Company Monessen P. L. Kimberly Company Works Sharon Portage Iron Company Duncanville Pomeroy Iron and Steel Company Tomeroy Ohbio

Paper Box Firms Plan 50 Million Combine

Three local paper box companies Brown and Bailey Edwards and Docker and the Lockwood Folding Box Company expect to join a national board mills and box factories combine with a capital of 50 000 000. The move aims to include all major players in the trade and abolish middlemen to boost earnings through new economies.

Brown & Bailey Edwards & Docker Lockwood Folding Box Company

Mines Leasing and Bonding Corp Chartered in Dover

The Mines Leasing and Bonding Corporation of Lansdowne Pa was incorporated today in Dover with capital stock of 500000 dollars.

Philadelphia Times Dover Mines Leasing and Bonding Corporation Lansdowne, Pa

Purchase of Ninth Ward Gas Works Site Reported

The Treasury received 465000 as purchase money for the old Ninth Ward Gas Works site at Twenty third and Market. Charles H. Barnard bid in the amount. title was taken by William T. Elliott. The buyer is believed to be the Baltimore and Ohio Railroad Company for freight yard use.

Ninth Ward Market Streets Charles H. Barnard Fidelity Insurance, Trust and Safe Deposit Company William T. Elliott Elliott & Townsend Baltimore and Ohio Railroad Company Colorado River United States

Pennsylvania Railroad Special Excursion to Pan-American Exposition

Special excursion notice from Pennsylvania Railroad for Philadelphia area residents to Buffalo for Philadelphia Day at the Pan-American Exposition. Departures on June 27 28 with 8 30 AM Philadelphia and 11 86 AM Harrisburg connections. Round trip good on return trains to July 6 at $9 25 from Lancaster and Trenton to Buffalo.

Pennsylvania Railroad Philadelphia Pennsylvania Railroad Company Buffalo Harrisburg Reading Lancaster Trenton

European stock markets drift amid thin London trade

June 22 London markets saw Consols down 1-16 to 93 1/2 as money tightens and new borrowing looms. Canadian Pacific up, Grand Trunk higher, and Americans rally with New York, while traders await half year demand and possible Bank of England relief. Exchange friction with America noted as gold shipments continue.

London Stock Exchange New York Grand Trunk Bank of England Treasury America Europe United States Paris Berlin England Germany France New York Stock Exchange

French bonds rise then ease on quiet Paris session

Paris Paris June 22 French 8 per cent rents sold 10 centimes higher at 100 fr a sc but closed easier at 100 fr 30c. Spanish 4s closed at 72.87 percent against 71.27 yesterday. Business was quiet on the Bourse but the tendency was good with governments firm and Italian securities in demand. Rio Tintos weaker. The close was generally steady though some departments were easier.

Paris

Berlin Stock Market Stays Firm on Positive World Signals

Berlin reports broad firmness on the exchange after favorable overseas tips. Investments gain interest with Imperial threes leading gains, foreign shares steady, banks supported, coal irregular while iron shares rise on improved U.S. iron trade news. Transvaal raiis and Canadian Pacifics hold steady.

Berlin Transvaal

Wool auction fifth series arrivals and weekly imports

London reports the fifth series wool auction arrivals at 183 841 bales including 28 500 warded direct. Imports for the week are New South Wales 1 678 bales Victoria 5 316 bales South Australia 173 bales Brisbane 650 bales New Zealand 5 21 bales Cape of Good Hope and Natal 1 827 bales elsewhere 1 034 bales.

London New South Wales Victoria South Australia Brisbane New Zealand Cape of Good Hope Natal

Foreign gold premiums sparse quotes from London market

Foreign gold premiums remained quoted but limited with Buenos Ayres at 183.0 and Madrid at 39.52, against previous levels of 183.70 and an earlier Madrid figure. The London market showed no broader movement in gold premium pricing as of June 22.

London Buenos Ayres Madrid

Letter Endorses California King Gold Mines Mine Range

Mo P Jones testifies to California King Gold Mines Co that Picacho ore is richest seen, priced under one dollar per ton. Projects a 1000 ton cyanide plant yielding $40,000 monthly, rising to $60,000 within a year. Notes extensive development and engineers’ reports support the claim. March 5, 1901, addressed to directors in New York.

California King Gold Mines CO Broadway New York City Picacho H. M. Gorham Samuel L. Jones P. C. du Bois M. E George Paymal P, Jones

Mexican dollar rates steady in Rome trade

In Rome the Mexican dollar remained unchanged at 4.92 against the lire, while the prior level was 4.85. The small fluctuation suggests a stable exchange near midday with limited market moves and no major news driving volatility.

Rome

Financial Market Updates From Madrid Berlin London Paris

On June 22 reports show gold at 30.45 in Madrid while Berlin notes London exchange at 20 marks 41 pfennigs for checks. Discount rates for short and three month bills stand at 3 percent. The Bank of England balance today totals £10,000. Paris sees three percent rente at 100 francs 30 centimes and Spanish fourities trading around 72.57 percent.

Madrid Berlin Exchange London Bank of England Dalance

Commercial Markets Grain Receipts and Prices Slide

Receipts show 1 758 bushels stock 253 344 amid a weak market. Cables fell with little export demand as crop prospects remain strong and bearish sentiment prevails. Wheat futures quoted for June and July vary. corn futures quiet but firm with limited export interest. Barrels and sacks trade slow. refined product prices show a general market weakness across winter and spring lines.

Pennsylvania Delaware Kansas City Mills Extra Straight

Rye flour and butter market notes with quoted prices

Continued dull rye flour with steady price of 2,7502.85 per barrel for quality. Butter market quiet on Saturday as supplies of fine goods thin but prices remained steady. Western creamery quotes extra 1040, firsts 180 19 cents, prints extra wholesale 20 cents, jobbing 2la2de.

Market Quiet but Firm with Light Offerings and Steady Prices

The market showed quiet but firm activity with light offerings. New York full cream and other dairy products were quoted, with eggs to supplies moderating and trading quiet at week’s end. Pennsylvania and nearby regions offered choice products with Western selections also steady, reflecting mixed quality ranges.

New York Pennsylvania

Prices for Fowls and Spring Chickens in 19th Century Rates

The notice lists poultry prices in a quiet, ample supply market. Fowls and hens quality details, Lic. old roosters Te. spring chickens weighing 4 pounds per pair at 20 cents, chickens under 4 pounds at 15 cents per pair, with weights and units clarified.

Roledorm Stock Sales Report Summary

Roledorm reports cleaned stock with choice selections and varied quality. Quoted items include aoe kill-1a10%c and fair to good lots, Sadiec brotlers weighing sesasa to 180 pounds, pelts at 25c, nearby smaller sizes 20a22c, and Western dry picked 20.

Roledorm

Market Prices Hold Steady Across Meats and Produce

Seasonable demand kept prices steady for beef and pork cuts with modest movement. Fruit and produce quotes include California oranges $2.50 to $3.50 per box, Mediterranean sweets $2.75 to $8.50, strawberries 4 to 8 cents per quart, watermelons Florida prime $100, cantaloupes Florida crate $1.50, peaches Florida 1.50 to 2.00 per carrier, Georgia and North Carolina peaches listed, Havana pineapples $1.50 to $2.50 per crate some large lots.

California St. Michaels Florida Georgia North Carolina Havana

Vegetables Prices Steady Across Regions

Markets show plentiful vegetables at steady, former-rate levels. Potatoes Southern Rose prime per barrel 2.00 to 2.50, medium 1.00 to 1.50, No 2 0.75 to 1.25. Southern peachblows and veda per barrel 2.00 to 2.25. Cabbage Norfolk per barrel crate 0. ten to 1.00. Eggplant Southern per 4-barrel box 2.00 to 2.75. Cucumbers Southern per basket 1.00 to 1.50. Green beans NC round per 44-bushel basket 1.00 to 1.25. Wax beans NC per basket 0.90 to 1.10. Tomatoes Florida per carrier 0.75 to 1.50. Mississippi per 4-basket carrier 0.00 to something.

Norfolk Southern North Carolina Florida Mississippi

Refiners Hold Prices as Concessions Shift Sugar Rates

Refiners kept 1st prices largely steady while five to ten point concessions appeared on hard and soft sugars. Prices include Domino 6.08 cents, cut leaf 6.05, confectioners’ grade 5.10, powdered 5.70, crown A 5.90, crystal A 6.55, granulated 5.60, cubes 5.80, powdered 5.65, standard granulated 5.55, fine granulated 5.60, extra fine 5.40, confectioners’ A 5.85, soft grades 5.20. No. 1 dows to 4.55.

Hay and straw market report shows liberal supplies

Market favored buyers with light demand as hay and straw offered on basis quotes. Prices include Timothy hay No 1 large bales 15.50 to 16, No 1 small bales 13.50 to 14, No 2 mixed 12.50 to 14, No 3 mixed 12 to 12.50, rye straw No 3 at 18.50, No 2 at 17.50, other feeds and oats and wheat prices listed with unchanged winter bran rates.

Ohetni

Also Mentioned on This Page

Broadway 4 Sev St. Ween Ist Ss Ewe R Park Columbus Railway N. J Con Hth Ave. Railroa St.n.a Grand St. “Ry Putea Jemelts Hob Pat Sassau New Orleans Nor Rapid Union Rwg United Tract United Traction Mass Baltic Vestater Union Ae i. Ol Ns Ss Ss Newark N. Do Denver Gas Esex & Hudson Gas Indianapolis Gas Mutual New Amsterdam Ee & Coke ORR G. Co Northern Union Joseph Paul Standard Gas Standard Syracuse Gas Western Gas Carnegie New Steel Company Paper Box Companies City Treasury European Stock Markets Baltimore Pacific Esapeake Great West Chio Mil St. P Denver & Rio Gr Louisville & Nash United Etre Steel Berlin Boerse Fio Grande Western Railway Co Denver & Rio Grande Railroad Company Rio Grande Western Railway Company William J. Palmer Utah Fuel Company Utah Fuel CO Sunnyside Fuel Company Toner Pine Street California King San Diego County, California John P. Jones Nevada U. S James B. Grant Colorado Grant & Omaha Stephen W. Dupass Yuma Arizona Willard D Teller Denver Jerome B. Landfield, Jr Jonx C. Montgomery Col Montgomery Investment Co Chinen Hutchins Washington, D. C Hon. R. F. Pettigrew Sioux Falls D. D A. S WM. C. Kean, JR Ashley W. Cole Brooklyn Board of State Railroad B. Landfield, JR Binghamton Binghamton Trust Co Silas B. Dutcher N. Y Hamilton Trust Company Benjamin Goodrich Los Angeles Cal Knickerbocker Trust Company E. E. Powers Pierce Evans Arizona Wells Fargo & CO S Bank WM. S. Edwards C. E P. C.du Bois Berkeley, Cal United States Senate THE J. B. Landfield, Jr California King Gold Mines Company Homestake Alaska Treadwell California King Gold Mines Prospectus Etting & Peterson Haight & Freese Aid Ofice Walnut St Phila the Copper King LAD Iwittianss On. CO Mare oncog.oiL)co Piverot L Co Beaumont Fuel Oil Fields Beaumont Spindle Top Heights Gladys Oil Company Beaumont Fields Lot 38 Spindler Top Heights Hey Perrys Mee Bullock, Williams, Pivetot Ae Y A Gladys Oil Ronceny Inence Amens W. C. Jones Galveston Betz Ry Pve D. J. Moore Sec’y and Treas Gladys Oil CO Minnesota Duluth Hard Chicago J. WA Marine Insurance Co San Francisco Texas
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