Philadelphia stock market shows firm tone amid mixed gains
Local trading reflected a strong overall tone with several issues advancing. Readings and Lehigh Valley gains cited with May statements due, while Pittsburg issues rose on expected consolidations and Electric Storage Battery stocks drew bullish interest despite a high common component.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Keene
Lehigh Valley
Reading
Railroad and Coal Company
Pittsburg
Consolidated Traction
Philadelphia Company
Emery
Philadelphia
Consolidated
Union Traction
Drexel
Messrs
Widener and Elkins
Cambria Steel
Marsden and Electric Company of America
Easton approves 25000 dollar bond issue for hospital needs
Easton authorizes 25000 dollar bonds while Erie weighs a similar plan for a hospital. Other items note extended payment times on Lake Superior Trustees warrants, ex dividend trading in several utilities, and treasury bond purchases. Indiana seeks corporate action by United States Steel. stock exchange closure plans for July are slated for Monday.
New York Coffee Exchange Signals Short Holiday Close
Market notes report the New York Coffee Exchange will close July 4 to 6. Articles cover US mineral and metal output in 1900, railroad financing talks, bond market activity, and stock moves with Baker Street reports and insider buying cues.
MENTIONED IN THIS ARTICLE
New York Coffee Exchange
Foreign exchange market steady with varied bill rates
Yesterday sterling to 60 day bills eased briefly before recovering. Commercials scarce with actual business closing: Sixty days 4.85 percent, demand 4.87 percent, cables 4.88 percent. Continental bills quoted francs 5.174 minus 1/16 and 5.16 percent, reichsmark 9.50? and 9.55 percent, guilders 4.0 and 4.0 percent. Leading drawers posted rates.
Government Bond Close Quotations Compared to Loureany 5
Yesterday's closing quotes for government bonds compared with the Loureany 5 show slight movements. Market notes indicate shifts in yields and price levels across key maturities amid thin trading.
Bank Clearing Figures Compared To Previous Year
Bank clearings yesterday totaled 162 117 compared with the same day last year. No further details or context available in the fragment.
Boston Receiver Appointed for Liquid Air Company
J. W. Britton was appointed receiver for the Liquid Air Power and Automobile Company, a West Virginia firm with a Cambridge factory. The company owes about 4500 dollars and holds assets near 7500 dollars, with capital stock of 1.5 million dollars. The receiver appointment followed a stockholder request and company assent.
MENTIONED IN THIS ARTICLE
Liquid Air Company
Boston
J. W. Britton
Liquid Air Power and Automobile Company
West Virginia
Cambridge
Bankruptcy petitions filed in New York district court
On June 28 petitions were filed by G Edward Jones broker at 108 La Salle St Chicago and Total Mobilities with assets of 19 736 liabilities mainly to Chicago creditors. Largest asset is 108 436 in unliquidated claims and a claim of 45 579 from Car By Waca of Peekskill with sites in Carthage Mo in 1897 no assets.
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New York
United States District Court
G. Edward Jones
Irving Place
Lasalle Street
Chicago
Car
Waca
Peekskill
Carthage
New York Stock Market Rebounds After Marquand News
The New York Times notes the market showed resilience after the Henry Marquand & Company failure, with initial gains and later easing loans. Rail and utility stocks, including Union Pacific and Burlington, posted gains for May and June. London purchasers bought 50,000 shares, mainly Erie and Steel stocks.
New York Stock Summary with mixed early gains and losses
New York stock summary shows dotted early activity across major lines including General Electric and Interstate Power with mixed upticks and declines. Trading highlights include Kan City Southern and Manhattan Elevated lines with notable totals around 451 thousand shares and varied opening prices.
MENTIONED IN THIS ARTICLE
Atrere Do
Gluense
Gt. North
Hock, Valley
Til. Central
Int
Power
Silver
Iowa Central
Kan
City
Laclede G. P
Louis, & Nast
Manhat. Eler
Met
New York Closing Prices Clarity on Bid and Ask
Yesterday and Thursday's closing bid and asked prices are listed, detailing stock market activity. The table shows which stocks finished higher or lower, reflecting margin, volume, and market sentiment at session end.
Market gains on improved abroad sentiment and Marquand buying
The Sun reports Berlin repurchased U S securities, boosting confidence as about 30 000 shares bought on Marquand firm orders with total purchases over 100 000 shares in three days. Banks showed a 2 million cash loss from government collections while interior gains offset some. Money trading hovered around 8 12 percent with fear of next week’s gold transfers from Klondike and aeromalin sources.
MENTIONED IN THIS ARTICLE
Philadelphia Times
NEW York
the Sun of Tomorrow
London
Berlin
Direct Express
Pacific Coast
Klondike
Wall Street Gains After Clearing Bank Failure
The Associated Press reports a strong stock advance on the day of a major exchange house failure and the subsequent day following a Clearing House bank collapse. The market rally is noted as anomalous given the timing near dividend and interest disbursement preparations.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange House
Wall Street
Market Bear Run Ties to Factoring and a Jumping Monday
On the first of the month, Monday next, stock market activity was unsettled by Friday loan borrowings that carried into Monday. Bears overestimated adverse factors, while short-covering demand from failed-firm accounts kept prices firm. Gas and Electric Co. of Bergen County traded irregularly after a large loan and bank suspension, with prices varying from 30 to 46% as settlement neared.
MENTIONED IN THIS ARTICLE
Bergen County Gas
Marquand & Co
Brooklyn Rapid Transit
Inelders
Evansville
Terre Haute
Atchison
Gas and Electric Company
Bergen County
Frm
Wall Street
Seventh National Bank
Clearing House Committee
K. Marquand & Co
Stock Exchange
Outside market firms as Wall Street tone steadies
The New York outside market was quiet but firmer in sympathy with the general market. St. Louis Transit common rose to 27½, United Railways of St. Louis preferred advanced, and American Can and Consolidated Tobacco showed strength. Seaboard Air Line remained steady, bond activity totaled about 3000 at 84½, with Consolidated Tobacco bonds up about a percent.
MENTIONED IN THIS ARTICLE
New York
St. Louis
Nets
Seaboard Air Line
Maine
Bank clearings show weekly changes by city
Bradstreet's table reports bank clearings for the week ended June 27 with percentage changes versus last year. The piece includes closing quotations of unlisted securities compiled by the New York Times, with figures for selling dollars per share and par values.
MENTIONED IN THIS ARTICLE
New York
Bradstreet’s
Philadelphia Times
New York Times
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