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Newspaper

Philadelphia Times

Location

Philadelphia, Pennsylvania, United States of America

Date

Jun 26, 1901

Page

8

Readings and Readings Pennsylvanian stocks lead Philadelphia market

The Philadelphia market steadied after New York weakness with arbitrage shares such as Readings and Pennsylvania stabilizing. Readings recovered after a dip, Pennsylvania hovered around 75 percent, and Cambria Steel fell early but recovered some. Electric Storage Battery issues advanced while Southern Cotton Oil weakened amid consolidation rumors. Bond trading stayed light and Indianapolis Street Railways rose briefly before a feverish close.

New York Pennsylvania Cambria Steel Wall Street Pennsylvania Railroad General Electric Company Edison Southern Cotton Oil United Cotton Oil Company Trenton Virginia-Carolina Chemical Company Virginia-Carolina Company Southern Cotton Oil Company Indianapolis

News Notes of the Day Abridged Financial Roundup

The third week of June earnings for St Paul total 830748 for the period. Norfolk and Western flood damage estimated at 500000. Drexel & Co notify Cambria Steel deposits until July 8. Treasury buys 126000 short term bonds at 113.90 and 90000 5s at 109.06. Pittsburg ordinances allow Mellon trolley firms on city streets. Major railway deals expected to close before 1901 crops. Harrisburg bill to adjust corporate share par values. New York loans issued mostly at 4 percent. Government receipts and expenditures detailed. Gould interests seek control of St Louis and San Francisco. Henderson named Electric Storage Battery treasurer. Clapp resigns. Nicholas promoted. American and Continental Tobacco exchanges aim at Consolidated Tobacco bonds. Last day to exchange Tobacco stocks for Consolidated bonds. Call money at 4 percent. time money 4 to 4 1/2 percent. Wool trade primed for higher prices after month start. London market generally lower. 15000 shares traded. Local demand for Norfolk and Western and London purchases noted.

Financial rumors and earnings pace amid 1900 market chatter

Street talk cites bank losses to the Treasury, large blocks moving in Amalgamated Copper, and Key stocks like United States Steel with rumored PA Railroad harmony. Dividend bets at American Woolen and Distilling of America loom, while exports and bond sales show variable strength and caution.

United States Steel Corporation Pennsylvania Railroad Steel Trust

Chicago Traction Company faces directorate overhaul

Interests in Union Traction Company securities report radical changes at the July 26 annual meeting. A Chicago consolidation plan is expected after a reorganization, with belief that an Eastern syndicate controls the property and will push a general overhead and surface lines merger.

Union Traction Company Chicago Eastern

Credit of Two Cities Draws Fire Over Loan Report

Local financial interests rebut New York papers claiming the $9,000,000 loan failure harms Philadelphia credit. They note New York has not sold loans on a low income basis in recent years, a point supported by the presented table showing income bas is.

New York Philadelphia

Auction sale of bank and trust company stocks advertised

M Thomas & Sona auctioneers list last sale of bank and trust company stocks with numerous called par values and quotients across many institutions including Centennial Natl Security Central Ninth Natl Consolidation Northern Natl Corn Exchange Northwestern Penn First Natl Ridge Ave Quaker City Mechanics Western Merchants West Phila Germantown and more. Also notes insurance company stocks and extensive par and quotation details.

Nat. Security Central Ninth Nat'l Consolidation Ue Corn Exchange Northwestern Eighth Penn Far. & Mech Phila Ridge Av. Bk Fourth St Quaker City Oo Mechanics Western Merchants West Phila Germantown M. Thomas & Sons South Fourth Street Colonial Columbia Continental Fidelity Ft. Co Firford Co America North Franklin Nat Fox Nat'l Girard Southwestern Independence Southwark Kensington Mapayunk Ird Market St. N Mapuf'dt'rers Oi Wey Bot Pikp Rust Lertiaiet Ge SB So M. Suiaser Aspie

NDS Declares Quarterly Dividends for 1888 Seaconnet Tecumseh Car Co

The Fuller Mille company proclaims quarterly dividends at 1 percent for Seaconnet Tecumseh Bar Car Company with payment due July 1.

Fuller Mille Seaconnet Tecumseh Car Company

Stocks Fall Sharply Amid Heavy Late-Day Selling

The New York stock market slid today as persistent selling pushed prices down after a long period of apathy. St Paul and Missouri Pacific led declines, with Manhattan and other active issues pressured. rumors of local bank troubles sparked a late rally by shorts, while bonds fell less than stocks and total trading totaled $2,770,000.

New York Leipsic Germany Berlin Dresden Imperial Bank of Germany Bears St. Paul Missouri Pacific Clearing House Association Manhattan United States

Wall Street Mixed as Rumors Shake Markets in New York

Special to The Philadelphia Times reports on June 25 that the New York forenoon shows mostly steady tone with firm rails and rising industrials before midday weakness spreads on rumors of banking trouble. Clearing House in focus as institutions tied to finance face selloffs, but late gains are seen as banks settle balances.

Philadelphia Times New York the Sun London Leipzig Germany New York Central Southern Pacific Pennsylvania Railroad Estern Trofon General Electric Clearing House’ Association Clearing House Association Eee Southern Pacific and Manhattan Railway Manhattan St. Paul Rock Island

New York Stock Summary Highlights Mixed Trading

The stock market showed uneven moves with prices and volume mixed across listings. Details on specific shares traded, closing levels, and changes from prior sessions are summarized for the day in this brief market note.

New York Closing Prices and Trading Totals

Closing bid and asked prices from yesterday and Monday for a list of stocks including Southern Ry, Texas Pac, Tex. & Pac, Wabash, West. Un. Tel., Wisconsin Central and others. Volume reported at 757,700 shares.

Texas Tex. Pac. L. T West L. E Wis Central

New York Bond Sales Mixed European Notes

A condensed list of bond offerings and sales in New York markets shows various issuers and prices including Atchison Topeka & Santa Fe 4s, Cen Ga con Ba 5s, Chi M & St P 1st 4s, and Det City Gas 5s. Totals indicate broad activity with numerous 5s and 4s across railroads banks and utility issuers.

Am. Hide & L Atchison T F. Gui Atchison T. A Br. A. P Soni R. G. Cn Northwn S. F Ia San A Quincy Neb St. L New Aebe City Gas M. Ant. E Ore R & N. Con Aa L St.l I. Am. Ben Ae & San Fran G. Sear S. W Daxota Pac Col. Tr South R.R. Ist N. O N.Y B. Ol Als Teveses N. Y. Gas, E. L Hon A & West UN. Pac Nor. Pac B . Col Rio G. W

Unlisted Securities Close Quotes Compiled by NYT

Closing quotations for unlisted securities compiled by the New York Times show selling dollar shares with par values of 5 and 10 dollars. The excerpt notes dollar prices per share and par value details for these unlisted securities.

Philadelphia Times New York Times

Stock Market Summary With Mixed Gains Across Rail Stocks

Lake Erie and Western rose nearly a point and Twin City Rapid Transit posted a fractional gain. Soo Line preferred rose about 1 percent while overall declines were limited to around 1 percent. Texas and Pacific shares moved modestly.

Lake Erie Western Twin City Soo Texas Pacific

Market activity in New York securities shows firm but quiet tone

Outside securities trading remains subdued while prices generally improve from yesterday. Otis Elevating common opens 36% and climbs to 37% on about 2 000 shares. Detroit Southern quiet with 36 bid and 37 asking. 200 shares of preferred trades at a small gain. New York Transportation steady at 18% and American Locomotive scant, only preferred at 88. United States Cotton Duck at 35. heavy American Can trading with common 28 falling to 27% and preferred 17 to Té%. Consolidated Tobacco 4s firmer on consolidation progress. opens 68% climbs to 69 on about $100 000 in purchases.

Nash Aspodirapek Mat Am Cot Oil Acific Sugar Refining Ohio Central N.Y Aston Baltimore & Ohio Brooklyn Rap. Co. Er Canada Nort West Pac N. Amer New New Jersey N. J. Ches. & Ohio Great Western Gas & Cig Quicksilver Il J. P Northwest Isiael & I Col. Fuel & Yh Col Col.& H. Sld Os Consolidated Ges Consol. Gas Del Hudson Lack Den Rio Grande Rlo G D. M. Do. Bref General Lectric Detroit Gas Great Nothern Hocki Valley Sata P& Te Tiliots Central Erte Iowa Entral Noose R. Lakerie & West Hocking Val.aba A Louisville & Nashville Manhattan Oan St. Railway Power Oral Kan Missouri Pacific Town Central New York Central Western Laclede Gas Norfolk & Ey Deecres Res. Co North m Tron & Pee St.l. Southwonters Co Southern Pacific Southern Railway Co Tenn Val & Iron Texas Pa Union Pacific Union Tele New York Otis Detroit York Transportation United States Consolidated Tobacco American and Continental Tobacco Companies

Bank Clearing Yesterday Compared With Last Year

Bank clearing activity yesterday rose modestly from the same day last year as financial centers processed payments and settlements. Bankers attributed the lift to seasonal demand and steady payment volumes across cities.

Also Mentioned on This Page

Philadelphia Stock Market Cambria Steel Rights Norfolk and Western West Virginia Local Stock Exchange Drexel & Co Secretary of the Treasury Pittsburg Mellon Harrisburg Gouldin St. Louis San Francisco Walter G. Henderson Vnce Clapp M. Nicholas Wice Henderson Consolidated Tobacco Company Consolidated Tobacco Bonds Jearne Norfolk Remiete Refesee Agenty Edo Sambria Irona Lake Gesbeise Cankink Micastate Steel Prefeese Ee P Consolidated Blestte Oe Ee Stora Gundaren Trust Lehigh Alley Essees Rochester Suavehanna Iron & Moe Souern Cotton United Cos N. J United Gas Improvement. Steel Beaves Vsdnsia Ask Ccong & Memlis Traction City Pass Indiana Steeeee Electric & People’s Olis Street Rwy Lehigh Do. Col. Trust Pyeneionte Electric United Reaci N. Ys Re Bis Gale Ates American Iron & Steel Bergner & Engel Brewing National Tiecttic New Wives Ron & Tees Naang Steel Rsesees Palmetto Company Parkside Brook Cambia Iron Sete Camden Steen Penn Ivania Stee Consolidated Philadelphia Electric Trust Etfs Vepa Daslight Prism Southern Cotton Estates Diamond State Steel Serenceenes Iron & Steel One & Able Ween Electric Bote, Electric Co. of America Weeee Tidewater Steel Sete Rene United Gas Improvement Barker Wit Paleas ° Co Meek Satter United Gas Imp Iron and Steel Ewes Ates H Son Bros. Co. Incorporated Harrison Bros Welsbach Wees Inc Ges Uight Sean See “& Wm. Craestmoreland American Indianapolis Street Railway Baltimore High Avenue United Railways Philadelphia Ci Buffalo Railway Tray's Ferry Wees Citizens Columbus Street Nesessee Aiats Birmingham Traction Ee Consolidated Poten Neral Consolidated Tracty Ridge Rochester Consolidated Erection Pittsburgh Scranton Eeeseeesen Dayton Duquesne Thirteenth Fifteenth Streets Fairmount Park Haddington Union Pass Fairmount Park Transportation Union Traction Frankford Sores Werk United Power & Trane United Pee of Seete Green & Coates Hestonville Railways & Electric of Belt Ty Hestonville West Philadelphia Holmesburg Tacony Frankton Wilmington Westcester Sub- Treasury Kidder, Peabody & Co Jersey Central Boston Montana American Woolen Company Perin United Railways and Electric Company of The Distilling Company of America Aes. P. C Aes ‘Se Teoreke the Panienmans Chicago Traction Credit OF M. Thomas & Sona Pivink NDS NEW York Stock Market NEW York Sun’s Market Review Sa Grge Ie —Wilseed Dar Chem. Wabash Cen Lonuisy & Nashroollat Mich. Cent Minn St. F Pittsburg Stock Exchange A. V. Rey America Rust. Co. Glass Palme Oes Caro Steel Pitts. R. Rat Wilde & Leath Amer Ty Founders California Tel Aio Shipyar Denver Detroit Nm Match Tae Nee Ebicle Np Eiectra Pneumatic Empire Fiem Roald & Coke Eneralarriage Synetel Chemical Urahee Bipoi
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