European Stock Markets On Pittsburg Exchange Report
Special to The Philadelphia Times reports Pittsburg stock table showing today’s European markets. London Consols at 98% for money and account. Canadian Pacific 1% lower at 108. Anaconda down. Grand Trunk steady. Spanish 4s at 71%. money in fair demand, discounts firm. Paris rentes slight decline then firmer. Rio Tinto and Kaffirs weak. Italian securities firm. De Beers offered on London account.
MENTIONED IN THIS ARTICLE
Philadelphia Times
Pittsburg
Pittsburg Stock Exchange
London
Uut
Canadian Pacific
Anaconda
Stock Exchange
St. Paul
Union Pacific
New York Today
New York
New York Stock Exchange
Paris
Rentes
Rio Tintos
Thomson-Houston
de Beers
Banks named reserve agents and a New York loss
The Philadelphia National Bank becomes reserve agent for Commercial National of Charlotte North Carolina. Tradesmen's Bank picks Citizens National of Myersdale Pennsylvania as reserve agent. Merchants' National serves First of Charleston North Carolina and Moshan son National of Phillipsburg Pennsylvania. Plattsburg National to be represented by Girard National. New York banks show a loss of 1 884 000 since Friday. Pynchon National Bank of Springfield Massachusetts closed by order of the Comptroller of the Currency. Ellis B Pepper named temporary receiver with examiner Cunningham supervising until arrival of the receiver.
MENTIONED IN THIS ARTICLE
Philadelphia National Bank
Commercial National
Charlotte
N. C
Tradesmen’s
Citizens’ National
Myersdale
Merchants’ National
Charleston
Moshanson National
Phillipsburg
Platts Burg
N. Y
National
Girard National
Treasury
New York
Washington
Pynchon National Bank
Springfield
Mass
Oday
John B. Cunningham
Ellis B. Pepper
Cunningham
Boston Clearing House Banks Weekly Statement
The Boston Clearing House banks report for the week ending June 24 shows changes in reserves, deposits, and excess deposits. Details compare figures with the prior year and two years back, highlighting shifts in reserve levels and tender deposits.
MENTIONED IN THIS ARTICLE
Boston
Boston Clearing House
Sas
Bank Clearings Compared With Last Year
Bank clearings yesterday showed a total of 120025 on the local market ahead of the corresponding day last year while New York figures reached 251902. Betoneae achieved 16433517 and a net change of minus 2479760 with 12560329 and 5181855 also listed among figures.
MENTIONED IN THIS ARTICLE
York
Railroad interests alleged in Cambria Steel purchase
A circulated report claimed that Pennsylvania Railroad Company bought a controlling stake in Cambria Steel and would run it independently, with similar ties to Pennsylvania Steel. Officials denied awareness of any such deal. Circulars from Girard Trust note Bethlehem Steel and Bethlehem Iron sale to President Schwab with Linderman and associates selling 160,000 shares at 24 dollars and a June or August assent window.
MENTIONED IN THIS ARTICLE
Pennsylvania Railroad Company
Cambria Steel Company
Pennsylvania Steel Company
Pennsylvania Railroad
Pennsylvania Steel
Girard Trust Company
Bethlehem Steel
Bethlehem Iron Company
Schwab
Linderman
Iron Company
Cramp, Vickers’ Sons
Maxim
International Cement Company Chartered in New Jersey
Local capitalists form the International Cement Company with a 1 000 000 capital for manufacturing cement from slag. Officers include James B. Graham president and Samuel G. Stafford secretary with directors Charles A Porter Joseph B McCall Arthur Johnson James Haye. Office listed at 606 Real Trust Building. The firm aims to produce cement from slag meeting market demand.
MENTIONED IN THIS ARTICLE
International Cement Company
New Jersey
James B. Graham
Pittsburgh
Charles A. Porter
Joseph B. McCall
Arthur Johnson
James ©. Haye
Samuel G. Stafford
William Jr
Real Trust Building
Market dull in Berlin trading as funds hold steady
Berlin notes business was generally dull on the Boerse with realizations. Canadian Pacific and Transvaal rails relapsed while local securities dipped after the unsatisfactory May return of the Hibernia Company. Banks were considerably easier.
MENTIONED IN THIS ARTICLE
Berlin
Boerse
Canadian Pacifics
Transvaal
Hibernia Company
London gold premiums steady with minor shifts abroad
Gold premiums in London on June 24 show Buenos Ayres at 134.30, Madrid 39.45, Lisbon 39.50, and Rome 4.75, with Madrid and Buenos Ayres prices easing from the previous day while Lisbon holds.
MENTIONED IN THIS ARTICLE
London
Buenos Ayres
Madrid
Lisbon
Rome
Global crop review notes scattered European yields
The Mark Lane Express weekly crop review urges rain for the United Kingdom as wheat ears form on short stems. France's spring corn looks less promising, southern Spain wheat cutting has begun, Andalusia and Murcia expect fine yields, Central and Northern Spain show excellent promise, Central Europe wheat is strong by the Adriatic but poor near the Baltic, Croatia and Hungary likely good, Prussia and Prussian Poland face deficits, Bavaria and Austria expect mediocre results.
MENTIONED IN THIS ARTICLE
London
Mark Lane Express
United Kingdom
France
Spain
Andalusia
Murcia
Europe
Adriatic
Baltic
Croatia
Hungary
Prussia
Prussian
Poland
Bavaria
Austria
Wheat outlook in France from American Chamber official
Secretary Green of the American Chamber of Commerce in Paris estimates France's wheat yield at 304 million bushels, above 300 million in 1900, with better weather possibly raising output. Stocks are lower than in 1900, and a 309 million bushel crop would require roughly 44 million bushels of imports.
MENTIONED IN THIS ARTICLE
Paris
Green
American Chamber of Commerce
France
Bar silver and metal prices drift on London markets
Bar silver fell 1 16 to 27 pence per ounce in London trade. New York commercial bars slipped 4 percent to 59 60 percent. Government assay bars dropped 4 to 50 61 percent. Mexican dollars held at 47 percent with no change.
MENTIONED IN THIS ARTICLE
London
New York
Grain market cites quiet activity and firmer cables
Market receipts total 2 535 bushels with little trade shown as offerings center on Hecht. Cables rise while export inquiry stays limited. American visible supply falls 2 236 million bushels. Local car lots stay firm yet quiet with small supply and mixed elevator quotes across varieties.
MENTIONED IN THIS ARTICLE
Hecht
Carlotsa
Pennsylvania
Delaware
Oats Receipts and Market Summary
OATS receipts totaled 10 856 bushels with shipments at 9 248 bushels and stock at 101 631 bushels. Demand was light and the market weaker under liberal offerings and lower Western advices. The American visible supply declined by 231 000 bushels. Sales included 1 car No 1 white clipped at 54c and 6 cars No 2 white clipped at 33c offered in local elevator at 83c.
Wheat Market Dims as Receipts Hit 1,476 Barrels and 1,466,080 Lbs
Receipts of 1,476 barrels and 1,466,080 pounds in sacks weigh on a dull market. Prices slide under pressure from a sharp downward wheat movement with quotes for Winter, Pennsylvania, Western, Kansas, Spring, and City Mills products ranging from around 2.10 to 4.00 per unit, reflecting weak demand and unsettled conditions.
MENTIONED IN THIS ARTICLE
Pennsylvania
Kansas
City Mills
Extra
Rye Flour Prices Quiet as Markets Open
Rye flour held steady with quotes at 2.75 for a 2.55 barrel, reflecting unchanged quality levels. Market watchers note no dramatic price shifts as trading begins.
Market rates show buyer advantage for bran supplies
Prices favored buyers with generous offerings across winter and spring bran. Bulk winter bran per ton listed at 15.50 dollars while spring bran in sacks, sized per ton, ranges from 15.50 to 18 dollars.
Hay and straw prices quoted for 200 tons of receipts
Receipts show plentiful hay and straw with weak demand. Prices listed include Timothy hay No.1 large bales at 15.50 16, small bales 14.50 15, No.2 15.50 14, No.8 12 12.50. mixed hay No.1 12.50 18, No.2 11.50 12. Straw straight rye No.1 18.50, No.2 17.50. tangled rye No.2 12.50 13.60. oat No.1 8.50 0, No.2 7 7.50. wheat No.1 7.50, No.2 7.
Market Report Western Creamery Prices Steady
The market for Western creamery was quiet with steady prices for fine goods and moderate offerings. Lower grades were weak while prints remained fairly steady with good demand as supplies met requirements.
Market Quiet as Prices Hold Firm on Limited Offerings
Market quiet with prices firm under light offerings. Quoted items include New York full cream small boxes choice 4a%4c and do fair to good at $a9 ec part skim as to quality Gate.
MENTIONED IN THIS ARTICLE
New York
Plant Prices and Crop Yields In Southern Markets
Southern farmers list box prices for six barrel boxes and baskets. Cucumbers sell 2.75 to 2.00 per box in Southern markets while green beans waxed peppers and tomatoes show varied regional prices across North Carolina Florida and Mississippi.
MENTIONED IN THIS ARTICLE
Southern
North Carolina
Florida
Mississippi
Refiners’ price list with 10 point reductions and 15 cent rebate
Light request and price list show refiners quotes ten points lower across the board. End of thirty days rebates apply to items including Dominoes and various sugar grades with prices ranging from 4.45 cents to 6.55 cents per pound for powdered, granulated, and confectioners’ grades.
MENTIONED IN THIS ARTICLE
Enbes
Cotton prices rise on strong market for middling uplands
Cotton ruled strong and was 3-10e, higher on a basis of 91-16e per pound for middling uplands.
Wheat and corn futures slide as rains, heat grip Midwest
Chicago closes mixed with wheat and corn down on rain damage reports in the Northwest and heat in the West. Oats drift lower while provisions firm to higher. Primary receipts and exports show modest activity. tomorrow’s estimates include 21,000 hogs and hundreds of cars for grains.
MENTIONED IN THIS ARTICLE
Chicago
Minneapolis
Duluth
New York Cotton Market Sees Bulls Dominate Trading
Bulls held sway as cotton prices rose on June 24 in New York. Early gains matched Liverpool strength with steady follow through as commissions and South European bidders pushed near and far month contracts higher. Traders held large bets while few offered for short sale amid strong spot demand and dwindling reserves.
MENTIONED IN THIS ARTICLE
New York
Fim
Liverpool
Commission
South
Europe
Pall River
Wheat futures steady on cash markets and futures
Minneapolis notes for June 24 show wheat contracts with July and September prices listed. Track details include No. 1 hard at 66 1/4 cents and No. 1 Northern at 64 4/4 cents with No. 2 Northern around 68 cents.
MENTIONED IN THIS ARTICLE
Minneapolis
Gage
Live Stock Quotations From Chicago and Other Markets
Chicago and other markets report cattle receipts 24 000 head with Texans and various grades. Hogs receipts 37 000 head with top 6 25 and mixed pricing. sheep and lambs steady to weak across regions including Cincinnati New York and East Liberty with mixed outcomes.
MENTIONED IN THIS ARTICLE
Chicago
Texas Fed
Texas
Texas Bulls
Cincinnati
New York
East Liberty
Buffalo
Canada
Michigan
Wheat Crops Forecast By Leading Industry Figures
Leading millers and merchants from Phoenixville Lansdale and Delaware report a likely record wheat harvest across the nation driven by recent warm weather and strong winter wheat formation. They note oats lagging and corn improving with favorable overall prospects for home and export needs.
China Buying South Cotton Amid Revival of Orders
Orders from China begin reaching Southern cotton mills as Pelzer South Carolina ships a cargo to China. Manufacturers report a brighter outlook and a revival of Orient orders after the wartime lull. The trend signals renewed demand for Southern cotton from established mills in the region.
MENTIONED IN THIS ARTICLE
Philadelphia
Charlotte
WN. C
China
Pelzer
S. C
Orient
Standard Oil Firm Seizes California Oil Control
San Francisco report states Standard Oil Company has secured control of California oil production. Los Angeles Producers' Association plans to sell fuel oil to Standard Oil, as the group controls over half of the local supply.
MENTIONED IN THIS ARTICLE
Philadelphia Times
San Francisco
Ixy
Standard Oi
California
Los Angeles Producers’ Association
Standard
Los Angeles
Pennsylvania Railroad plans vast New York tunnel project to Brooklyn
Pennsylvania Railroad officials announce readiness to build an East River tunnel from Hunter's Point to Manhattan as part of a large scheme linking the main line with Long Island and New Haven systems. The plan includes two tracks with modern safety features, extensive terminal facilities, and connections to ferries and rapid transit, with an estimated 18 million dollars for the tunnel and 8 million for docks and terminals.
MENTIONED IN THIS ARTICLE
Pennsylvania Railroad
East River
New York
Brooklyn
Rea
Pennsylvania
Baldwin
Long Island
Europe
New York Evening Post
New York, New Haven
Hartford
New England
Bay Hidge
Jamaica
Port Morris
New Haven
Greenville
Hunter's Point
Manhattan
Waverly
Thirty-third Street
Seventh Avenue
Longacre Square
Forty-fifth Street
Rapid
Fair demand for fine fresh stock with steady prices
Market report notes strong interest for high quality stock and steady pricing. Pennsylvania and nearby regions show choice lots with modest losses and good supply control. Western stock also listed with similar pricing and condition.
MENTIONED IN THIS ARTICLE
Pennsylvania
Ample Supply of Poultry at Former Rates Quoted
The notice lists fowls and hens by quality at old prices. It mentions roosters and spring chickens with weights per pair and prices. Prices shown include 16a20c for a pair and 12a15ec for spring chickens, reflecting ample supply at prior rates.
Bank of England balance draws twenty thousand pounds
London reports a balance at the Bank of England of twenty thousand pounds. Paris quotes three per cent rentes at 100 francs 27 centimes for accounts. Exchange rates: London checks 26 francs 20 centimes. Berlin checks 20 marks 41 pfennigs. Discount rates noted at three per cent for short bills and three and a half percent for three months.
MENTIONED IN THIS ARTICLE
PAIS
London
Berlin
Exchange
New York Prices and Market Quotes June 24
Wheat receipts 104000 bushels exports 172180 bushels spot steady No 2 red f to b afloat. Corn receipts 186800 bushels exports 68517 bushels spot easy No 2 47c elevator 48c f o b afloat. Oats receipts 178400 bushels exports 20353 bushels spot dull No 2 22 4c No 3 8c. Hay quiet. Wool dull. Coal steady. Beef dull. Lard firm Western steamed 9.10 to 9.25. family 15.50.
MENTIONED IN THIS ARTICLE
Kiess Park
Tember
Utly
New York
Brandywine
C. i
Galle
Alevater
Northern
Duluth
C. F
Bard Duluth
C. F. Ob
Europe
Yale
T&aTdke
Kate
Texas
Market Prices for Farm Goods and Poultry
The fair market page lists fresh-killed fowls at 104gc, fair to good stock, old roosters at 6 gc, nearby broilers 4 pounds per pair at 25c, Western dressed items, and walon scalded chickens frozen around 13 8 se per unit.
Meat Price Quotations From City and Western Markets
A fair jobbing movement is noted with generally steady prices across meats. Quotations cover city and Western beef in various cuts and preparations, pork, bams, shoulders, picnic ham, bellies, breakfast bacon, and lard, with ranges and brand considerations noted for each item.
Sterling Market Remains Inactive Amid Steady Rates
The market for sterling stayed steady but quiet with weaker demand than Saturday. Actual business closed at sixty days 4.86 percent and demand 4.87 to 4.88, with cables at 4.88. Commercial bills ranged around 4.84 to 4.85 and continental bills showed franc rates near 5.15 to 5.18 and reichsmark around 1 16 to 85 percent.
MENTIONED IN THIS ARTICLE
France
Germany
Holland
Utah Mineral Output Surges in 1900 Copper and Silver Lead
Salt Lake City report from the United States assay office shows Utah mineral production in 1900 surpassed 1800 by about 2 percent, with major gains in silver and copper. Totals list gold 4,085,610 dollars up 520,022. silver 12,120,854 up 2,842,604. cap. increase 4,493,245 dollars.
MENTIONED IN THIS ARTICLE
Salt Lake City
Utah
United States Assay Office
Neanly
Fruit Prices and Trade Levels in Local Market Brief
Supplies were ample and trade steady with quotes on oranges and navels from St Michaels to Floridacities. Prices listed include cantaloupes and pineapples by crate or per 100 with assorted berries and peaches priced per quart or per pound across regional growers and markets.
MENTIONED IN THIS ARTICLE
St. Michaels
Florida
Georgia
North Carolina
Vegetable price report shows mixed demand and quoted barrels
Market notes say demand was moderately active with quotes for potatoes and vegetables. Southern Rose prime potatoes at 202.25 per barrel, medium at 141.50, No 2 at 1.25 per barrel, Mortellii celery crate prices listed as total 00 and egg figures appear garbled.
MENTIONED IN THIS ARTICLE
Southern Fege
Mortelli
Sugar Prices Fall Across All Refined Grades
The American Sugar Refining Company cut 10 points on all refined sugar grades yesterday. National Sugar Refinery matched the drop. Arbuckle Brothers delayed but soon cut to the same level. The price decrease, though anticipated, attracted new orders.
MENTIONED IN THIS ARTICLE
American Sugar Refuing Company
National Sugar
Arbuckle Brothers
Elgin Butter Market Steady in Midweek Trade
Elgin Illinois June 24 butter market firm at a restricted price level with 1200 pounds offered and no sales. Week to date sales reach 88050 pounds and no additional transactions reported.
MENTIONED IN THIS ARTICLE
Elgin
Local views on Pennsylvania crop prospects at Philadelphia exchange
On the Philadelphia Commercial Exchange floor yesterday Joseph Bosier of Ogontz praised an excellent Pennsylvania wheat and good hay outlook, but warned corn is lagging as planting occurs late. Potatoes show strong potential in many areas yet suffer from excessive moisture in some districts. Samuel C. Woolman, former exchange president, said a big wheat crop is already secured and prices are stable.
MENTIONED IN THIS ARTICLE
Philadelphia Commercial Exchange
Joseph Bosier
Miller
Ogontz
The
Exchange
Pennsylvania
Samuel C. Woolman
Commercial Exchange
Trolley track laying thwarts injunction efforts in Doylestown
Officials of the Doylestown and Easton Trolley Company moved quickly to lay tracks on Court street near the Willow Grove line after learning a preliminary injunction against the work was ready. Judge McCarthy was en route to grant it, but arrived too late as a crew of 35 men completed the task in about three hours amid crowds watching the Italian workers.
MENTIONED IN THIS ARTICLE
Doylestown and Easton Trolley Company
Ae Hines
Court Street
Easton Road
Willow Grove Traction Company
Yerkes
Bedford Springs
Tve
Hines
Henry J. McCarthy
Philadelphia
Toylestown
Western Maryland deal stalls amid Baltimore politics
President Baer of Reading said no news on Western Maryland Road negotiations for weeks or months. The Baltimore Mayor and Council, from opposing parties, dispute policy and are unlikely to set a stock price for the city held western Maryland shares.
MENTIONED IN THIS ARTICLE
Baer
Reading
Maryland
Baltimore
Pennsylvania Seeks Cambria Steel Control Report
Street chatter claimed Pennsylvania bought Cambria Steel through stock and warrant purchases. President Cansatt denied knowledge of the deal while William H. Joyce, traffic manager for the 7, questioned the report's credibility.
Pennsylvania Railroad Denies Joy Line Interest
The Pennsylvania Railroad Company states it has no interest in the Joy Steamship Company and that prior statements suggesting otherwise are unfounded.
MENTIONED IN THIS ARTICLE
Sylvania Railroad Company
Joy Steamship Company
Pennysylvania Railroad Company
Joy Line
Directors of the Pennsylvania Road to meet before summer break
The last meeting of the Pennsylvania Road directors before the summer recess is set for tomorrow. An official statement of the company interest in the New York tintel project is expected. A successor to Arthur Hale, telegraph superintendent promoted to Baltimore and Ohio service, will likely be announced. A vacant post for assistant general agent in New York to replace S P Hutchinson may be filled, with Hutchinson having resigned years ago when General Agent Geer was in poor health.
MENTIONED IN THIS ARTICLE
Pennsylvania Road
New York Tintel Project
Arthur Hale
Telegraph
Baltimore and Ohio
New York
S. P. Hutchinson
Hutchinson
Geer
Geen
Builders Convention Opens at Saratoga
The thirty fifth annual session of the Master Cay Builders Association opened in Saratoga Springs New York led by President J Chamberlain of Boston He reviewed the year’s work and progress while Secretary Joseph W Taylor of Columbus Ohio and Treasurer John Kirby of Adrian Michigan presented their annual reports The routine business was followed by discussions on topical safe streets.
MENTIONED IN THIS ARTICLE
CAN Builders
Saratoga
N. Y
Master Cay Builders’ Association
J. Chamberlain
Boston
Chamberlain
Joseph W. Taylor
Columbus
Ohio
John Kirby
Adrian
Mich
Sabe Reets
American Locomotive Company Formed In Merger
A merger certificate shows Schenectady Locomotive Works combining with the new American Locomotive Company, valued at 50 million dollars, filed in Albany. Signed by president 3. R. Dallas Way and secretary Leigh Best. Baldwin Locomotive Works remains the primary independent firm in the field.
MENTIONED IN THIS ARTICLE
Schenectady Locomotive Works
American Locomotive Company
Albany
3. R. Dallas Way
Leigh Best
Baldwin Locomotive’ Works
Railroad Earnings Report For June And May Updates
Railway earnings show Northern Pacific and Choctaw Gulf posting June weeks figures with gross earnings around 80 million and 75 million respectively. The Pittsburg Cincinnati Chicago and St Louis lines report May 31 year comparisons, with gross earnings at 1.670 million and net operation results near 417 thousand for one month and five months.
MENTIONED IN THIS ARTICLE
Northern Pacific
Inc
O. & Gulf
Wisconsin Central
Pittsburg, Cincinnati, Chicago and St. Louis Railway Company
Peer Re Et Ciheensee
Leedsete
Reading Coal Output Dips Behind Demand
Reading’s thirty five collieries are all operating this week but cannot meet demand. Last month produced 981000 tons and this month will nearly match that total. The Reading company remains short of coal cars and cannot transfer more to foreign roads than required.
MENTIONED IN THIS ARTICLE
Reading
Railroad Notes and Vacation Plans Highlight Transit News
The Pennsylvania will add a wagon road and foot path to the new stone bridge over the Delaware at Trenton with four tracks. Reading dollar excursion rates will be good daily to all Reading lines points, not just Sundays. David C. Green remains without a Broad Street Station headquarters, located temporarily with his brother John P. Green. Senator Chauncey M. Depew, Vanderbilt lines chair, sails for Europe on the St Louis with his son and niece Miss Paulding.
MENTIONED IN THIS ARTICLE
Pennsylvania
Delaware
Trenton
Atlantic City
David C. Green
Baltimore and Ohio Road
Broad Street
John P. Green
Chauncey M. Depew
Vanderbilt Lines
St. Louis
Europe
Miss Paulding
New Jersey Firms Win Charters For Land Development And Cotton Trade
In Trenton on June 24 the West New York Improvement Company received a charter with capital of 1,000,000 to acquire and improve lands in New York. Incorporators include George Reynolds of Burlington H Bayard Hodge and James H Dawes of Philadelphia. A separate charter issued in Harrisburg authorizes the St Clair Terminal Steam Railway with capital 25,000 and lists its public incorporators.
MENTIONED IN THIS ARTICLE
Trenton
West
Harrisburg
State Department
St. Clairerminal Steam Railway
Lonaat Mt Meee Public
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Ask
Mid
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BE. R
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Equiv
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Antienlitehaineteteiata A Nencacainiannes
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Phoenixville
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William H. Godshall
A. C. Godshall & Co
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Armony D. Acheson
the Exchange
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Peo
American Locomotive Combine
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Chestnut
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Bary Delany, Les B. Pancosst
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Bankers and Brokers
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John H. McQuillen& CO