Philadelphia Stocks Edge Lower on Quiet Holiday Trading
The Philadelphia market shows dull trading with mixed bond activity as readings on coal and iron earnings reveal a May dip. Reading company statements and the coal strike set the tone while overall market interest remains subdued ahead of July dividends and settlements.
MENTIONED IN THIS ARTICLE
Boston
Switch Co
Old Dominion
Wminin
Neral
Wellos Amer
Phevum
Maine
Liz
Dominion Coal
Dominion Iron & St
Fitchburg
Mohawk Mint
New England
United Fruit
Sf Western Wolverine Mining
Buffalo Banking Data and Rail Mortgage Move
Financial items show large year to date banking deposits totaling 127 million and expenditures around 70 million this year. The Buffalo Rochester and Pittsburgh Railway requests 20 million dollars in new general mortgage bonds on the New York Stock Exchange. An underwriting group plans dissolution next week after selling about 4 million of 4 percent Jott bonds of the Chicago Burlington and Quincy.
MENTIONED IN THIS ARTICLE
Buffalo, Rochester and Pitaburg Railway Company
New York Tock Exchange
Chicago, Burlington and Quincy
Chicago stocks drift as Strawboard hits low on merger talks
New York exchange at par with time and call loans at 4 1 2 per cent. Strawboard receipts drop to 33 after opening 34 4, amid looming trust expiry July 2 and possible consolidation. Cotton Duck income rumors ease. no July 1 interest payment though earnings cover loans.
MENTIONED IN THIS ARTICLE
Philadelphia Times
Chicago
New York Exchange
Lake Street
Union Traction
Baltimore
Gossip of the Street Sells Seats on Consolida Exchange
Three seats on the Consolida Stock Exchange of New York sold for 2500 dollars each. The report notes connected parties and unclear names tied to two competing companies, with references to trustees and possible revivals. The fragmentary text suggests market activity and insider links but lacks complete details.
MENTIONED IN THIS ARTICLE
Consolida Stock Exchange of New York
Social instincts of ants and collective behavior
A discussion of ant society by August Forel reviews how ants show devotion, duty, war, alliances, farming, and social degeneration. The piece argues ants act by fixed social laws rather than individual reasoning and suggests humans inherit similar social instincts from ancestors.
MENTIONED IN THIS ARTICLE
August Forel
International Monthly
Satan
Cane Inko
A Good Word for Oleomargarine
Opinion piece arguing against a Congress measure on oleomargarine. The author condemns tax penalties as senseless and defends oleomargarine as a palatable cheap food, urging focus on frauds in food rather than deterring legitimate products. The piece asserts oleomargarine is no worse than butter and emphasizes consumer choice.
MENTIONED IN THIS ARTICLE
Congress
New York Market Activity Mixed
The New York market shows firm tendencies with stock and bond movements. Notable gains include Am Tel Tel and others, while Manhattan Beach and Steel Spring pref show declines as collateral and money rates shift.
Market slides and gains as readings show mixed strength
The New York Times notes a list of advancing stocks led by Illinois Central and Chicago and Eastern Illinois with Reading dropping on May earnings decline due to a strike. Limited floating stock supports minor gains in New Haven Louisville and Nashville and strength in Distilling Company of America St. Louis Southwestern Texas Pacific steel stocks and Duluth South Shore and Atlantic.
MENTIONED IN THIS ARTICLE
New York
Illinois Central
Chicago
Illinois
Missouri Pacific
St. Paul
Union Pacific
Atchison
New York Central
Reading
New Haven
Louisville
Nashville
Outside market quiet as summer lull slows trading
The New York market shows sparse activity with few stocks traded and modest price moves. Consolidated Refrigerating led turnover with over 2,000 shares advancing about half a cent, while Champion Match slipped from 60 to 63 but faced no bids.
MENTIONED IN THIS ARTICLE
New York
the Times
Gas Poisoning Rise Tied to Water Gas Use
An American medical weekly writer links rising poisonings to water gas and its carbon monoxide content. In Massachusetts a law restricting water gas was repealed thirteen years ago, and 458 inhalation deaths have occurred since then, compared with fewer in the prior period.
MENTIONED IN THIS ARTICLE
American Medical Weekly
Massachusetta
Rain Saves Western Crops Boosts Rail Revenue Outlook
Rainfall in the Southwest brings relief to Arkansas Indian Territory Texas and Louisiana railroads. The drought ending signals a bumper corn and cotton crop and improved revenues for the railways in the upcoming fiscal year.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York
Southwest
Arkansas
Indian Territory
Texas
Louisiana
Phillips opens New York office for corn dealings
George E. Phillips of Chicago, long active in corn trades, opens an office at 16 Beaver street with a Hoffman House branch link to Chicago. He plans to split time between New York and Chicago, spending most of his time in Chicago.
MENTIONED IN THIS ARTICLE
New York
Custom House
Progreso
London
Colon
Barbados
Portugal
Mexico
Philadelphia Times
George E. Phillips
Chicago
Beaver Street
Hoffman House
Central to Buy St. L. and A. Railway Report
A Wall Street rumor said New York Central planned to purchase the St. Lawrence and Adirondack Railway by acquiring a large majority of its stock from the Webb- Meyer syndicate. No official confirmation was available from the financial district or NY Central offices.
MENTIONED IN THIS ARTICLE
Philadelphia Times
New York
Curent
Wall Street
New York Central
St. Lawrence and Adirondack Railway
Webb- Meyer Syndicate
Financial District
Giant mining tunnel planned at Cripple Creek Colorado
The Cripple Creek and Pueblo Railway Company plans a fourteen mile tunnel to drain and transport ore from mines in the Cripple Creek district. Cost estimated at 5 million dollars with a three year construction period. If successful it could spur further large scale tunneling in Colorado beyond the Sutro tunnel precedent.
MENTIONED IN THIS ARTICLE
Cripple Creek
Col
Pueblo
Colorado
Upper
Sierra
Carson River
Comstock
San Francisco Chronicle
Belgium election reshapes parliament and strengthens Catholics
In Brussels on May 25 the election results increased the government majority from 20 to 22. The old chamber held 152 Deputies with Clericals dominant and Liberals and Socialists minority. The new House adds 14 seats, with Clericals gaining nine, Socialists three, and one Liberal and one Democrat. Socialists lost votes amid labor troubles. Catholics mark eighteenth year in office since 1884.
MENTIONED IN THIS ARTICLE
Brussels
Contina
London Stock Market Hopeful After Exchange Close
Special cable reports the London Stock Exchange closed last week with optimism despite bears. Prices fell Tuesday. Wednesday’s mermaking was postponed and ad hoc lifts attempted. Trading to resume Monday expected, with limited impact beyond home rails and minor gold outflow fears.
MENTIONED IN THIS ARTICLE
Philadelphia Times
Simi
London
Stock Exchange
Lloyds
French and European Markets End Slightly Higher
Paris rentes rise to 101 fr 60c as stocks weaken on expectations of settlement money. Berlin boerse firm on London optimism but coal shares drag. London Bank of England weekly statement shows reserves down 1.2 million and discounts at 3 percent with reserve ratio falling to 43.80 percent.
MENTIONED IN THIS ARTICLE
Paris
London
Reutes
Berlin
Boerse
Stock Exchange
Bank of England
Foreign Financial Notes From Berlin Paris And London
Berlin reports exchange on London at 20 marks 46 pfennigs for checks with discount rates for short and three month bills. Paris lists three per cent rentes at 1M francs 60 centimes and London exchange on London at 25 francs 17 centimes. Spanish tours priced at 81.55. Gold premiums noted for Buenos Ayres Madrid Lisbon Rome at varying rates.
MENTIONED IN THIS ARTICLE
Sterling Exchange
France
Frances
Switzerland
Belgium
Germany
Reichamarks
Holland
Berlin
Exchange
London
Paris
Spanish Tours
Buenos Ayres
Madrid
Lisbon
Rome
France Expels Congo Merchants Amid Trade Monopoly
The French Congo, divided among concessionaire societies with a soil products monopoly, expels British and other foreign merchants. Courts uphold concessionaires fines and seizure of goods, forcing foreigners to leave as Berlin Act commerce in the Congo basin is cited as free. The British government has protested to Paris.
MENTIONED IN THIS ARTICLE
France
Congo
French Congo
Paris
Newark
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Colonia S83% Beb, 5 Safety &T 105 Change Ational Ba ‘Sw | Valley Ry
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