Stocks Rally After Weak Opening Amid Mixed Trading
The market opened weak but rallied to substantial gains by close. Inrail shares faced mixed moves with Great Northern and Baltimore and Ohio sliding amid legal and rate signals. Sugar and Tobacco and Reading first preferred posted gains as shorts covered, while Rain and wheat declines boosted late buying and traders stayed bullish.
MENTIONED IN THIS ARTICLE
New York
London
Great Northern
Baltimore and Ohio
Shorts
Maryland
Northern Pacific
Bears
Grangers
Reading First
Market advances in New York lift Philadelphia sentiment
Local trading echoed the New York rally with brief optimism amid a dull market. Reading first preferred rose with broader gains in coal and railroad shares, while most issues stayed near weekly levels and activity remained light.
MENTIONED IN THIS ARTICLE
New York
Coal Prices Raised by Reading Company
The Philadelphia and Reading Coal and Iron Company raises anthracite coal prices by 25 cents per ton. Nut and egg coal at tidewater rises to 3.75 dollars, stove coal to 5.75 with a 50 cent increase planned for September. Officials cite end of fiscal year effects and usual yearly adjustments as causes.
MENTIONED IN THIS ARTICLE
Times
Philadelphia and Reading Coal and Iron Company
John H. Jones
Tidewater
Philadelphia
Reading
Read
Philadelphia and Rea and Iron Company
Fort
Port Reading
Well Known Philadelphians to Visit Cape May for Hotel Lafayette Opening
Philadelphia figures plan a seasonal visit to Cape May New Jersey for Colonel Johns Hotel Lafayette opening set June 30. The resort hosts a high profile guest list and promises a grand entertainment program through July.
MENTIONED IN THIS ARTICLE
Cape May
Colonel John
Lafayette
N. Y
London Stocks and Wheat Markets Show Mixed Moves
London and Chicago markets report subdued wheat excitement as weather and events unfold. Curbed trading in New York and gains in silver bolster mining names while rail and steel shares face mixed moves amid dividend developments.
Reading and Reading management dividend talks in earnings outlook
The article notes Reading first preferred stock activity amid dividend discussions and a roughly 4 percent annual yield, with a $2.38 million surplus and $860,000 margin after coal sinking fund, tied to year-end finances. It cites J H Eckels of Commercial National Bank defending stable dividends and explains factors impacting traffic and earnings for the North Chicago road and related stock confidence. It reports a possible suspension of dividends for Electric Vehicle Company preferred stock and outlines a conservative future policy with emphasis on treasury funds and public benefit.
MENTIONED IN THIS ARTICLE
Jane
Reading
J. H. Eckels
Commercial National Bank
Chicago
Union Traction Company
North
International Tobacco Company
Kell
Continental Tobacco Company
Union Tobacco Company
Southern Tobacco Journal
International Tobacco
Petersburg
American Tobacco Company
Electric Vehicle Company
Foreign financial news and Bank of England report
Money to Berlin is lower and sterling remains weak as American securities in London fall below parity. Traders await Wall Street guidance with sellers dominating and dull close. Bank of England bullion withdrawn totals £34,000 and reserves slip to 43.64 percent. BoE weekly statement shows varied shifts in circulation, deposits, and securities. France notes in circulation rise, treasury accounts and gold holdings increase, bills discounted up, silver falls.
MENTIONED IN THIS ARTICLE
London
Wall Street
Bank of England
Bank of France
Wheat and commodities mixed at Chicago futures market
Chicago on June 28 reports mixed futures for Wheat No 2 Opp July trading around seven to eight dollars with varied highs and lows. Cash quotes show flour steady and No 2 red and No 2 corn figures amid a broad commodities climate including oats rye and flaxseed activity. Produce Exchange butter prices were firm, with cheese and eggs showing strength in the market.
MENTIONED IN THIS ARTICLE
Chicago
Paarl
Darley
Stocks and Bonds Auction Highlights Items Sold
M Thomas and Sons auctioned various stocks and bonds including 45 shares United Firemen's Insurance, 500 shares Orinoco Iron Company, 100 shares Delaware Insurance, 100 shares NY Tradesmen's Trust, and City of Philadelphia bonds with several coupons. The sale showcased first mortgages, sinking funds, and par value holdings across multiple companies and municipalities.
MENTIONED IN THIS ARTICLE
M. Thomas & Sons
United Firemen's Insurance Co
International Navigation Company
Raltce Company
Orinoco Iron Company
Boise Dredging Company
First Mort
TOD
Ork Betes Bes Vt Tee Ewins
Delaware Insurance Oy
City of
Philadelphia
Wertes
Auly
Ee Hanes Bikin
Ee Sek SaPaad Navigation Company
Pes SS Sp
Pian
Grain and Produce Market Reactions and Prices
Receipts total 800 bushels with shipments of 16 000 and stocks at 271 496 bushels. The market fell 3 cents below Wednesday as Cincinnati Price Current crop report and favorable French advice weighed. Milling grades dull. export demand unimportant. about 4000 bushels ungraded sold at 54 cents. Contract wheat quoted for June at 81 5/8 cents bid, 82 1/2 cents asked with various lot bids and asks.
MENTIONED IN THIS ARTICLE
Cincinnati Priceé Current
Prices for fresh fruits and berries in steady to active demand
Green fruits show tight supply for new apples and top demand for choice berries. Peaches and oranges hold at steady or quiet rates while varieties such as cantaloupes, watermelons, and pears trade at mixed prices across multiple crates and baskets.
MENTIONED IN THIS ARTICLE
New York
Ta&c
Cantaloupes
Georgia
Southern
Bangoon Florida
Porte Tees de Eer
Hfornia
Lencia
Renee
Market updates show steady grit and varied car sales
Receipts total 70 8364 bushels with shipments at 475 507 and stock at 381 425 bushels. Offerings included grit while the option market stayed steady on calls. Cables fell but export demand remained fair. limits below workable basis. Local car lots scarce and firm with No 2 yellow track at 4 4c. Mixed quotes: June 47 1 2 c bid 4 c metar. export elevator No 2 mixed 47 1 2 c 48 c asked. steamer 46 4 c bid 46 1 2 c asked. No 8 45 1 2 c bid 45 c asked.
Receipts and stock figures amid quiet trade on grain and cars
Receipts listed 12,119 bushels with shipments of 16,204 and a total stock of 265,182 bushels. Car lots were few with light offerings and trading was quiet. No exports were carted. Sales included 8 cars of No 2 white clipped at 32 cents.
Prices Queried for Smoked Meats at City Market
Auction notes list smoked beef items priced per unit and per tierce with ranges for knuckles tenders hams and shoulders. Pork products include family packs and cured bellies with brand and average prices noted for city sale.
Hay Market Slumps Amid Slow Demand And Weak Prices
Market observers report offerings of hay were abundant yet demand sluggish. Straight straw trades weak with small supply and tangled lots, while quotations show mixed prices across hay and oat products. Prices listed include various numbers and grade notes, reflecting uneven activity in the agricultural market.
Receipts Show Conservative Buyers and Inducements in Grain Trade
Receipts record 8 8?268 barrels and 382,123 pounds in sacks as buyers operate conservatively. Inducements for freer movement would require nominal price concessions, with various flour and patent grades listed including Pennsylvanter clear and Western winter grades and prices ranging from $3.65 to $4.65 per unit.
MENTIONED IN THIS ARTICLE
Stouigbe
Rye flour prices hold steady amid tight supplies
Market notes show rye and flour prices firm on limited availability and solid demand. Western patent quality cited as top grade with futures quoted around three dollars and change per barrel, while winter bran sacks trade at a modest premium.
MENTIONED IN THIS ARTICLE
Fancy Western
Sita
Chambers of Commerce urge quick sugar bounty abolition deal
London June 28 The Association of Chambers of Commerce of the United Kingdom adopted a resolution urging the government to promptly conclude a convention with Germany Austria and other powers to abolish sugar bounties.
MENTIONED IN THIS ARTICLE
London
Association of Chambers of Commerce of
United Kingdom
Germany
Aretria
Eee
Toni Ar Cota
Middling Uplands Sold Sparingly at 6c per Pound Basis
Market notes indicate middling uplands remained steady at six cents per pound as buyers, including apologists, purchased sparingly amid cautious trading conditions.
Live Poultry Offerings In Spring Market
Local poultry notes list live fowls and spring chickens for sale. Fragmentary terms like easter and firmer appear with unclear origin to buyers.
Market Report for New Potatoes and Southern Vegetables
New potatoes in good supply and lower under night demand. Southern vegetables steady with fair demand and offerings. Potatoes Southern per barrel Rose choice and fancy 1.25 to 1.50, medium primes 0.90 to 1.00, No 2 0.50 to 0.60, culls nominal. Peachblows and reds 0.50 to 1.15 No 2 0.50 to 0.60 culls nominal. Egg plant Florida per barrel 3.05, per barrel box 0.70. Cucumbers Virginia one week basket 0.50.
MENTIONED IN THIS ARTICLE
Florida
Market Notes on Desirable Grades of Solid Packed and Prince
Supplies of solid packed and printe grades were well cleaned up and the market remained firm. The report notes solid packed and related textiles showing good demand and firm pricing, with buyers active and inventories reduced.
Market Report Indicates Quiet Trade and Buyer Favorable Prices
Trade was quiet and prices favored buyers for New York full creamed varieties. Quotes show fancy small boxes new es ee do fair to good 0% and part skims new as to quality 6a8c. Swiss cheese quoted as to quality Halltc.
MENTIONED IN THIS ARTICLE
New York
Fresh Egg Prices and Damaged Stock Report
Supplies included heat damaged stock and irregular goods. Fresh eggs were scarce and priced outside normal rates. The report notes near by, fresh items and a general loss offset while indicating economic pressures on local markets.
Refiners Report Strong Demand for Refined Sugars
Refined sugars showed solid demand across most types with the 6 to 15 grades lagging ten points from list prices for immediate delivery. Prices quoted include a 15 cent per 100 pounds rebate after 30 days and a 1 percent cash discount.
Fragmentary OCR Note Reflects Vague Request
The readable text offers hints of a request and quotations but remains largely garbled with scattered phrases and exclamations. No clear event, person, organization, date, or location can be reliably identified from the available fragments.
Foreign Exchange Reported by Ares and Co
Ares and Co reported a foreign exchange action involving a teen, with details indicating a financial transaction or market move. The incident centers on currency dealings and a young individual connected to the trade, prompting follow up for context.
MENTIONED IN THIS ARTICLE
Ares & Co
Tee Teen
Orphanas' Home Officers Elected in Loysville Meeting
Carlisle June 28 trustees of Loysville Orphans Home elected new officers at a special meeting. Pore macaes were discussed as part of the agenda and arrangements for the institution were stated.
MENTIONED IN THIS ARTICLE
Orphanas
Carlisle
The
Loysville
Orphans’ Home
Macaes
Atlantic City Railroad Unveils Summer Express Schedule
The Atlantic City Railroad announces a revised summer timetable effective Saturday the 30th. Express departures from Chestnut and South streets to Atlantic City include weekday and Sunday slots with multiple times and noted travel durations. Returning express trains are listed with weekday and Sunday patterns, including special early morning services and tours to Cape May and other destinations.
MENTIONED IN THIS ARTICLE
Seashore
Philadelphia
Reading
Atlantic City Railroad
Chestnut Street
South Street
Atlantic City
Baltic Avenue
Kentuck
Cape Mary
Hamilton College Honors Three With Degrees
In Rome New York June 28 Hamilton College conferred the honorary LL D on Daniel Pratt Baldwin of Logansport Indiana and Henry Smith Pritchett of ae tem D co and the honorary degree of D for Rev Fayette Durlin of Madison new Charles Sumner.
MENTIONED IN THIS ARTICLE
Rome
N. Y
Hamilton College
Daniel Pratt Baldwin
Logansport
Ind
Henry Smith Pritchett
Aetem, D. Co
Fayette Durlin
Madison
Charles Sumner
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Timmes
Rapid Transit
Albany
the Heights Company
Manhattan Elevated
People’s Gas
China
Northwest
York
Railroad and Coal Company
United Gas
Marsden
Electric Company of Ee
American Railways
Consolidated Lake Superior
American Cement
Union Traction
Lehigh Vanle
Pennsylvania
Colonel Tracy
DeHaven & Townsend
Kers
Altralt
Heme
Alt Co
Ame
Cambria Steel
Cata Choctaw
Supe
Pitts
Girard Wee Wanae
Hunt Road
North Amerea
Lehigh Navigation
Lehigh Valley
Eccessnee
Marsden Seenesa
Sony
Northern Central
Nor
Pacific Trust Ctfs
Phila. Rice
Pennsylvania Railroad
Provident Life & Trust
Con Lake
Superior Company
Philadelphia Traction
Railways Company General
Reading Trust
Eternasees Dati
Suharna Iron
Sal
Catawissa
Amer
Pac. Com
Cambria Iron
N. Pac
Tees
N. Ac
Union Trac
Phila. Co. Sears
Leh Valle
Nar. Central
Girard Bank
Sus. I. & St . Asphalt Con. Tr. Pitts
Elec, Amer
Spaben
Electric & People’s
Lehigh Valley Coal
Philadelphia Electric
Electric & People's
Chicago and Alton
Wheat
Anaconda
Denver
American Tobaccompany
Consolidated Granite Co
Russell Sage
Rock Island
William
Whitney
Europe
New York and
New Jersey
Tennessee Coal and Iron Directors
Union Tractions Company of
Pittsburg
American Car and Foundry
Atchison, Topeka and Santa Fe Railway Company
New York Stock Exchange
American Car and Foundry Company
National Bank
McMichael
Farmers and Mechanics’ National Bank
Knott
Louisville
Nashville
Massachusetts
Lipper
Pennsylvania Railroad Company
Atchison Road
Mellen
Pennsylvania Steel Company
Seattle
Hawaii
Baltimore
Ohio
Brooklyn Rapid — Com
Cocmesee
Jon Bone
Bank of Begiend
Pan Pheney
Ion
Asphalt Company of America
National
Cemency
Broadway
L[iverpool
Henry Clews
Purdy
Chicago, Rock Island and Pacific, Railway Company
Nebraska
Iowa
Fic
Danville Bessemer Company
Tutere
United States Treasury
General Fund
United States
Treasury
McCormick & Co
American Steel and Wire Common
American Tobacco Common
Southern Pacific
Kansas City
Gulf Common
Union Pacific Preferred
United States Leather Common
Atchison Preferred
Resouire ‘Hopi Rresa Ibe Repeenent
Latta
Telephone Telegraph and Ca Company of America
Teleese A Sie Sayears
Ssleases Ag
Lee
Foreign Financial News
Berlin
Sterling Exchange
Weaes Wee Minn, & &. L
Weeree ST
X. Z
East Ohio
Brooklyn U
Canada
Central
C. Gt. West
T. L
St. P
Doref
Del
Udson
Southern Railway
Texas Pacific
Union Pacific
Fere
Borthera P
Hocking
Beecocking Vales Ve
Inter R
Western U. Tel
Lake Erie & W
Adams Express
E. I
Sete Neers Bee
N W
SRF
Oi Atchison
Sheae Col. Mid
R. G. Imp
Adj
H & San Bof
Roch
Sig Eseossesin
Pee Eeresee
St Cent
Obio
Q. Ill. div
K. & T. Chic
Ban A & A. P
Scioto
Pacific
Teesees Pewresence Peegives
A R. Oy
H. R
Ll Norf. & West
Tex
W.N. Y
Reading Wen
St Ss
Beacsvb
Tee Seaee Y. & P. G
West
Gtd
St. L. & Wet
Peewee
St. L
St. L. Swn
Ss U
the Fidelity Insurance, Trust and Safe Deposit Company
Chestnut
South Conen Capital
Aba
Tranter
Charles
Rudolph Ellis
Robert M. Scott
H. Gordon McCouch
Clark
Arles H. Bannard
Edward W. Clark
G Philler
Willam H. Merrick
Rudulph Ellis
John B. Gest
Alexander J. Cassatt
Clement A. Griscom
Charles Atherton
John ©. Bullitt
Thomas Dolan
Henry W. Biddle
Philadelphia Trust Safe Deposit and Insurance CO
Chestnut ST
Javiggees Erringer
Tapes Godfrey
I Aertsen
N H. Converse
William 8. Grant
Senet
Picers
Fficers
Livingston Haringer
William L. Dubois
Mund D. Scholey
Sec'y
Enry B. Russell
Henry B. Helffrich
Cts Ax
Operathe Orteanes and
Casttetr
C. Stuart Patterson
Dewitt CU Vicensel
Horatio Gier Jr
Williams
Newburger Bros. & Henderson
Fourth St
Rouillot & CO
Phila
OR. Theel
North Sixth
Lobb
Arch St
Montgomery
Ninth St