Market News Signals Broad Strength Amid Global Optimism
A Special Telegram from New York reports China and crop regions improving, boosting market activity and lifting prominent stocks. London buys push Americans above parity while railway dividends support shares. Brooklyn Rapid Transit leads gains before trimming.
MENTIONED IN THIS ARTICLE
Timms
New York
China
London
Island plant sale details and stock market moves
Colonel Snowden returns to New York to finalize the Island plant sale. The Penn Electric Light Company reports a modest annual balance with earnings from rentals and a list of directors elected. Stockholders vote on Choctaw, Oklahoma and Gulf franchise transfers and capitalization to finance acquisitions. Treasury balances show cash and metal reserves, while sugar prices rise boosting the refined sugar margin and refining profits for the American Sugar Refining Company.
MENTIONED IN THIS ARTICLE
A. Loudon Snowden
New York
Island
Electric Pany of America
A. J. de Camp
Penn Electric Light Company
A. J. DeCamp
Henray
Panney
Huey
F. A. Crowell
Oklahoma and Gulf
Choctaw
Memphis
Oklahoma and
Gulf
Market Quiet with Small Gains in Bethlehem Steel and Readings
The Philadelphia market saw light volume around 12 000 shares with minor demand in select stocks. Bethlehem Steel rose a full point and Asphalt edged higher to close at the top. Reading first preferred showed strength, while Northern Pacific touched 50% but closed lower.
MENTIONED IN THIS ARTICLE
Brooklyn Rapid Transit
Metropolitan Street Railway
Atchison Preferred
Northern Pacific
Missouri Pacific
Baltimore
Ohio
Bethlehem Steel
Reading First Preferred
Dauphin County
Erie and Wyoming Valley Railroad Company
Hawley
Wayne County
Delaware River
Lackawanna
Pike County
Northern Pacific Common
Minnesota
Dakotas
Pacific Coast
Montana
East
American Railways
Electric Company of America
Marsden
United Gas
Union Traction
Bethlehem
Lehigh Valley
New York
Penna
General
Philadelphia Electric
E Electric Company of America
Susquehanna Iron and Steel
Wheat Crop Outlook Dims as Drought Hits Northern Regions
The Weather Bureau reports mixed conditions with heavy rains injuring wheat in the South Atlantic and Gulf states while drought persists in northern spring wheat areas. Oklahoma Kansas Nebraska and parts of Mississippi see favorable winter wheat progress though central Mississippi and Ohio valleys suffer rain damage. Harvesting proceeds in many regions but damage to wheat in shock is noted and the Willamette Valley shows knot crop problems.
MENTIONED IN THIS ARTICLE
Washington
The
Weather Bureau
South Atlantic
Gulf States
Missouri Valley
Middle Atlantic
Pacific Coast
Sacramento Valley
Oklahoma
Kansas
Nebraska
Mississippi
Ohio
East Gulf States
Sing Willamette
Prices of Oil of City June 26 Credit balances and barrels
Credit balances stand at 1.25 with a bid for cash barrels also at 1.25. The market shows an average 82 750 barrels and a higher figure of 90 250 barrels in the reported period.
MENTIONED IN THIS ARTICLE
City
Cerae
Market News Notes on Dividends and Stocks
A lengthy roundup covers dividend declarations by Lake Shore Lake Erie and Western Michigan Central Canada Southern and others. It notes New York Central and Lake Shore earnings, bond awards, bank reorganizations, silver prices in London, and rail and utility stock movements with multiple companies named and dates for payments and mergers.
Foreign Exchange Rates Reported by Brown Brothers Co
Brown Brothers & Co quotes sterling and franc exchange for 60 days and 3 day periods. Rates show pounds per franc and per mark or guilder with percentages and days listed. The data reflects mid market style readings with multiple currencies and terms.
MENTIONED IN THIS ARTICLE
Brown Brothers & Co
Sterling
Real Estate Developments and Contracts Across City Streets
A flood of construction activity is announced including a three story stone school at Carlisle and Race by W L Smith and plans by J Horace Cook. Multiple houses, stores, and shops are set for building along West Manheim street Kensington turnpike Pulaski avenue and other avenues by contractors such as Hillyer Dilks F ge Dougherty and J W Carnal. Several parcels with mortgages and transfers are listed on June 1900 records including properties on Twenty Seventh Street Norris Street and Girard avenue with various purchasers and sums noted.
MENTIONED IN THIS ARTICLE
W. L. Smith
Carlisle and
Race Streets
J. Horace Cook
Hillyer & Dilks
West Manheim Street
John H. Hillyer
Kensington Turnpike
Wellops Street
Mary A. Krouse
Joseph F. Roberts
Pulaski Avenue
Hansberry Street
Harry Wetherstine
F. Ge
Conestoga Street
West Side
Woodland Avenue
J. W. Carnal
Sarah Erwin
Upland
Twelfth Streets
Schitects
Tomnrene
William R. Dougherty
Phi Kappa Signa Fraternity
University of Pennsylvania
Frank Palain
South Marshall Street
Domenic del Rossia
Burd P. Evans
North Ninth Street
Yardley
Broad and
Brooklyn Street
East Side
Parrish
Mary M. Young
Mary F. Boyd
Eleventh Street
Frank A. Acer
Good Will Building and Loan
Frankford and Bristol Turnpike Road
Thirty-fifth Ward
Norris Street
Nineteenth Street
Norria Street
Twenty-seventh Street
Oakford
Edward W. Reynolds
William Kelley
Girard Avenue
Clifford Pemberton, Jr
Matilda Hass
Green Street
Deborah Holtz
Sarah A Oeoe
Woo
Johnson Street
Henry H. Collins, Jr
Harriet G. Laughton
Easington
Oxford Turnpike
Northwest Side
Princeton
Lewis E Porns T
John P. Tull
Mifflin Snoek
North Side
James Frasier
National Op Tcal Company
Frank W. Old
Bank Takes the Assets From Brock's Commercial Agency
The Brock's Commercial Agency at Third and Arch streets closed with no business. The Union National Bank is the largest creditor and has seized the agency's assets to secure a $5,000 claim. The agency was notable in the area.
MENTIONED IN THIS ARTICLE
Brock
Third and Arch Streets
Union National Bank
Brock Commercial
Notab 1
Grain and Produce Market Summary for Day Markets
Receipts totaled 10 170 bushels with shipments at 13 200 and stock at 286 606. Market unsettled with a 2 cent call drop linked to outside selling and lower cables. milling grades quoted 85 to 86 cents. June contract wheat at 88 cents bid. various red wheat bids and asks shown. fresh-killed fowls and broilers priced in cents per pound with size distinctions.
MENTIONED IN THIS ARTICLE
Carlotta
Wheat market dull amid quiet shipments and mixed bids
Receipts totaled 177067 bushels with shipments at 214013 and stock at 857603. The option market followed wheat lower with bids around 45 to 46 cents for June. Foreign advices eased and exporters' orders stayed below a workable basis. Local car lots remained small but firm, with No 2 yellow and No 2 mixed offered on call and at auction with various bid and ask figures.
Market Receipts and Car Lot Demand Reported
Receipts total 59 261 bushels with shipments 20 511 bushels and stock 231 200 bushels. Car lots showed moderate demand with small supply and firm pricing. Sales included four cars No 2 white clipped track at 32 cents and three cars do choice track at 32 4 cents.
Receipts Show Large Barrel and Sack Totals With Steady Prices
Receipts total 2,029 barrels and 1,268,064 pounds in sacks. Jobbers hesitate or buy in small amounts, keeping prices nominally firm. Quotations reference Winter cola and several patent grades with varied figures, including a $3 straight price and other noted lots.
MENTIONED IN THIS ARTICLE
Ig Es
Quiet firmness on patent barrel price set at 3300.60
The market held steady at 3300.60 dollars per barrel for a quality fancy Western patent. Traders noted the price reflected stable demand and refined product standards amid thinner liquidity.
Market Report Shows Hay Demand Shifts for High Grades
Hay remains in liberal supply with buyers mainly seeking top quality grades. Prices for No 1 hay show advances to around 16.50 to 17.00 per unit, with small bales at about 16.50. No 2 and No 3 lines cited at roughly 15.00 and 9.50 to 10.00 for grain products. wheat quotes also listed near 9.00.
MENTIONED IN THIS ARTICLE
Beth, Iron
Eeewene
Marsden
Beth. Steel
N. Haven
Lake Sup
Denna
NP. Com
Cambria Tron
Lehigh Val
Alkall
Diamond Steel
U. Gas
Union
Miamond Steel
A. M. OO
Asph - Lehigh Val
Enna . Oo
Susq. & St
BKC Pa
Rapnatt
Dany. Bes. T. Pitt
Rdg
Marsh
United
Pitts
Marsden J
Cement
Bly
Elec
Atchison
Lake Superior
Auit
Lehigh Valley
Unclear fragment on meat pricing and sales
Incomplete OCR text mentions a price per pound and references to meat, but provides no clear event, location, date, or identifiable entities. Summary remains speculative due to fragmentary content.
Prices Tied to Bran Supply in Limited Market
Prices remained firm for winter bran with bulk sales at 1% to 7.50 per ton and bran in sacks listed as per ton, reflecting sustained demand as reported in the market notes.
Demand Fair and Prices Well Maintained
Demand was fair and prices were well maintained according to the quoted figures. The note references Wenligys Haile in the basis of these prices.
MENTIONED IN THIS ARTICLE
Wenligys Haile
Fresh stock in steady demand with heated eggs in supply
Market report notes fine fresh stock in good request and firm prices. Supplies mainly heated eggs, dull or irregular in quality, with Western and nearby regions including free canes and oak varieties, Penn ayivenia.
Man in Fair Request Seg Lanes
At a fair request, a man discusses Seg lanes amid moderate social and civic debate about road usage and safety in the area.
Fruit and produce prices hold steady amid varied demand
Choice apples berries cherries cantaloupes and watermelons stay at top prices while other items move slower. Beech supply light with good demand. pineapples quiet and oranges fair. Prices show regional variety with crates and per basket carrier rates in the late season market.
MENTIONED IN THIS ARTICLE
New York
Delaware
Maryland
California
Aize
Southern
Sidaso
South ern vegetables and potatoes in steady demand
New potatoes readily available while stock remains liberal and desirable. Southern vegetables show fair demand with ample supply. Prices quoted include Potatoes Southern per barrel Rose choice and fancy 1.50 to 2.15. No. 2 1.50. curls and reds 1.25 to 1.50. per crate pricing listed. Cucumbers Charleston per ???
MENTIONED IN THIS ARTICLE
Charleston
Per
Refiners' prices with rebates and cash discounts listed
The notice details refined sugar prices with a 15 cent rebate per 100 pounds after 30 days and a 1 percent cash discount after seven days. Cubes cost 5.96 cents, powdered 5.90, standard A 5.80, crown A 5.80, extra fine graded 5.60, and soft grades Nos 16 to 1 at 5.45 cents.
MENTIONED IN THIS ARTICLE
Havemeyer
Industrial Commission
American Sugar Refining Company
Provisions Steady as Market Lists Textured Beef and Pork Quotes
Market notes show steady demand with prices for smoked beef sets and knuckles, beef hams around 20.60, pork family about 14.50, and cured hams in tierces. Various brands and grades affect values for lard and bacon, reflecting typical wholesale trading patterns.
Cotton Spinners Meet in Philadelphia July 5 Aimed at Bypassing Middlemen
A Southern Cotton Spinners Association committee will meet at the Lafayette Hotel in Philadelphia on July 5 to study direct sales by mills and reduce reliance on middlemen. Prominent mill men from North and South Carolina will join Governor and secretary of the association, with aims to review trade channels and possibly establish agencies.
MENTIONED IN THIS ARTICLE
the Times
Charlotte
N. C
Southern Cotton Spinners’ Association
Lafayette Hotel
Philadelhia
A. C. Miller
Shely
W. C. Helth
Monroe
George E. Wilson
J. A. Abernethy
R S. Reinhardt
Lincolnton
J. H. McAden
George B. Hiss
Lladelphia
Philadelphia
Varn
Southern Cottoners’ Association
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Smith
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