Philadelphia Stock Market Report Drops and Buoys
Stocks shown a mixed day with narrow trading and a buoyant tone linked to New York. Electric Company of America fell to a new low before rallying, United Gas Improvement rose on tax news, and Electric Storage Battery climbed over 3 points. Reading Issues and railroad stocks remained strong amid continued demand. Cambria Steel warrants advanced while Consolidated Lake Superior preferred plummeted.
MENTIONED IN THIS ARTICLE
New York
Electric Company of America
A. Loudon Snowden
United Gas
House of the Dill
Gas Corporation
Pittsburg Street Railway
Union
Messrs
Widener and Elkins
Philadelphia Company
Pittsburg
Philadelphia
Reading
Pennsylvania Railroad
Lehigh Valley
Southern
First National Bank
Cambria
Lake Superior
Eelle
Nias Fon Pitt
Insurant Electriec Storage Go. of
North America
Wnt Valley
OM National
Il Pennsylvania Railroad
Philadeiphia Company
Philadelphia Electric
United Traction Tee
United States Steel
Wack Iron & Steel
Eevee Eens
West Jersey & Southern
News Notes of the Day on Finance and Rail Linkups
The American Linseed Oil Company plans to pay off its 6000 mortgage. Charleston reports Senator Elkins seeks to acquire coal properties for the Morgan syndicate. Roach and Gurley of Union Traction Co in New York discuss property interests. Experts’ accounts postpone statements until next week. Sharon, Pa plans 75000 fewer bonds. Wilkinsburg votes July 23 on 25000 for fire dept. York considers 30000 for same. London market strong with brokers buying 20000 shares, led by Ison, Union Pacific, and St Paul. Choctaw and Northern Railroad fronts 12500 per mile for 5 per cent bonds due 1951, with Girard Trust. United States Steel dividend decision slated for Tuesday, no gimmicks. Kuhn, Loeb & Co and Vermeer active in money market. near-term rates 7-8 per cent. Vermeer loans at 6 per cent to steady rates.
Gossip of the Street Bids, deals, and steel stock moves noted
Treasury bought 3 percent bonds at 1089 acres of coal land change hands in Myette county for 400. American Locomotive plans 2 000 locomotives yearly. Stambaugh buys coal land in West Virginia. Government revenues on internal revenue customs and miscellaneous reported. Consolidated Rubber Tire cuts capital stock, Southern Railway preferred retirement rumored. Pennsylvania Railroad comments on steel rail orders and vendor mills. Revenue stamp redemption method outlined. W P Hirst leads coal deal in Kingwood West Virginia.
MENTIONED IN THIS ARTICLE
Consolidated Rubber Tire Company
Money rates steady with limited short term activity
Money on call remains nominal at six percent while time money this week is restricted. A few loans at four percent for all periods. Mercantile paper shows little movement as merchants withhold until after July 1. Domestic money rates unchanged with open market indicators from Baltimore Philadelphia and Chicago showing slight variations. Gold with Bank of England at £409,000. Frankfort discount down one sixteenth. Continental centers report open market and bank rates via telegraphic dispatches.
MENTIONED IN THIS ARTICLE
Mercantile
London
Bank of England
Frankfort
Evening Post
Dividends Declared By Banks and Firms
First National Bank declares 5 percent dividend payable monthly. Centennial National Bank offers semi annual 5 percent on demand. Parrot Mining Company sets 1.50 dollar quarterly dividend payable July 29 with July 19 record. Reece Buttonhole Machine Company 2 percent quarterly dividend paid July 15 with July 5 record. Milwaukee and Chicago Brewers Limited 2 percent preferred dividend payable August 1. Bigelow Car Company 2.50 per share dividend payable July 10 with July 28 record. United States Trust Company of Boston 4 percent semi annual dividend payable July 1 with June 28 record.
MENTIONED IN THIS ARTICLE
Centennial National Bank
Parrot Mining Company
Steek
Reece Buttonhole Machine Company
Milwaukees
Chicago Brewers, Limited
Bigelow Car Company
United States Trust Company
Boston
Parame
SPECIE EXPORTS AND IMPORTS IN NEW YORK WEEKLY BALANCE
Exports of gold from New York for the week ending yesterday totaled 200,000 dollars with silver at 953,907 dollars mostly in bare to London. Since January 1 gold exports reached 28,034,605 dollars and silver 25,801,000 dollars, above last year’s figures. Imports of gold at New York week were 43,439 dollars and silver 16,792 dollars, mainly from Mexico and Central America, with yearly totals to date gold 1, and silver 1,557,783 dollars versus 1,353,780 gold and 2,045,318 silver for the same period in 1890.
MENTIONED IN THIS ARTICLE
New York
Custom House
London
Mexico
Central America
New York Imports Reported At Custom House This Week
New York import figures for dry goods and general merchandise were released from the Custom House this week. Comparisons with last week and the same week a year ago are provided, showing changes in value across major categories.
MENTIONED IN THIS ARTICLE
New York
Eaige
New York Stock Market and Bond Activity Report
The report notes that stock market strength was strong with prices rising to high day levels, aided by favorable bank statements and investment demand. It highlights advances in Baltimore and Ohio, St Paul, Northwest, Rock Island, and others, plus broker activity from Morgan, Vanderbilt, Standard Oil and Keene. London opened irregular but bought into the advance.
Stock market volatility linked to banks and July outlook
New York reports traders awaiting next week's bank statement with expectations of improvement. Banks build reserves as loans and deposits fall. surplus rises to 8.49 million. July disbursements forecast record high. government checks for debt interest and pensions loom. Steel, cotton goods, and overseas gold inflows influence week’s tone. dividend rumor on United States Steel.
MENTIONED IN THIS ARTICLE
New York
the Sun
The
Stock Exchange
Seventh National Bank
California
United States
Sub-Treasury
Seattle
Australia
United States Steel Corporation
Connellsville
Market rises on professional brokers despite Stock Exchange setback
Professional operators dominated today’s stock market sending prices higher with confidence that the money market will advance next week as funds for half year dividends are arranged. News of the Stock Exchange house closing weighed but the settlement progress eased fear. Corn market remained active with reports of a recovering crop. Illinois rose 3% St Paul 8% and Rock Island posted gains.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange House
Ihs
Illinois
St. Paul
Rock
New York Closing Prices Reported For Yesterday and Friday
Closing bid and asked prices on yesterday’s stock market, with those of Friday, are listed. The data presents the day’s levels for key securities and reflects market activity across major exchanges.
MENTIONED IN THIS ARTICLE
Yestersday
Stock Market Turbulence Leaves Investors Cautious
Market closed quiet after heavy week of stock liquidations tied to bank failures and exchange leverage. Large loans and new securities of minor classes amplified uncertainty while creditors scrutinize collateral and creditworthiness amid lingering fears of a broader downturn.
Financial Review Reports $16,37 Loans Secured
The financier's review notes a statement indicating loans totaling 16,37 with details on security and repayment status. The report outlines adjustments, interest implications, and potential impacts on liquidity for the period observed.
Weekly Banking Fallout Signals Liquidation and Cash Drain
The week saw liquidation in progress and elimination of about 4 million dollars of Seventh National Bank loans. Cash fell by 992,700 with the prior week’s cash 1,335,400, and a 1.8 million dollar early Treasury payment by Chicago and Northwestern affected receipts. Deposits declined 11,442,200, partly due to Seventh National losses, with circulation down 251,700 from missing 200,300 of Seventh National. Despite disturbances, the outlook remains favorable amid dividend payouts and incoming Alaska gold, forecasting further fund shifts reflected in upcoming statements.
MENTIONED IN THIS ARTICLE
Seventh National Bank
Venth National
Sub-Treasury
Treasury
Chicago and Northwestern
Sioux City and Pacific Railroad
Seventh National
Alaska
New York Market Muttered Quiet Trading in Outside Securities
New York stock activity remained subdued on June 20 with a generally firm tone and fractional price moves. Trading in St Louis Transit common rose to 27 with about 50 shares changing hands, Seaboard Airline and American Locomotive showed limited activity, while Consolidated Tobacco and Electric Boat issues moved little amid small bond dealings and minor price shifts.
MENTIONED IN THIS ARTICLE
New York
St. Louis
I. Hudson
Seaboard
Consolidated Tobacco Tours
Dea
New York Bank Statement Changes of the Week
Today's New York Associated Banks returns show Seventh National's prior totals of 4 407 100 in loans 5 712 400 in deposits 557 700 in specie and 777 700 in legal tenders eliminated from this week's figures.
MENTIONED IN THIS ARTICLE
NEW York Bank
New York
New York Associated Banks
Renee Reess
Pere Renee
Unlisted securities closing quotations mixed by street oddity
Closing quotations for unlisted securities show scattered bid and ask figures across multiple streets and companies. Entries include various road and railroad concerns with prices around 98 to 110, reflecting erratic market activity and fragmented listings.
Also Mentioned on This Page
Philadelphia Stock Market
Stock Transactions
America
Marsh
States
United Ga Saee Penneylvanis R. BR
Philadelphia ‘Electric
S. Steel Pref
American Linseed Oil Company
Charleston
W. Va
Elkins
New River
Morgan Syndicate
Roach
Gurley
Union Traction Company of
Chicago
Smith
Henry Marquand & Co
Sharon
Wilkinsburg
Fire Department Pur York
London Cables
Ison
Union Pacific
Choctaw and Northern Railroad
Choctaw, Oklahoma and Gulf
Geary
O. T
Alba
Girard Trust Company
United States Steel Common
Bale
Tosing
Test Lee Bid
Igner & Engel
Electric & People's
Soltedelphie
Seeveresees
Western N.Y
Penna
Treree American Aikelt
Senee Do
Seat
American Ement
Marsden
Ate
Ola
American Iron &Steel
Kwees Do
Berguer
Rewin Tee Aee
National Electric
Bnetee
Ational
Ron & Stee
Beret Steel
Palmetto Company Snes
Parkside
Eer Electric Ae
Etenee
Sambela Breet
Cam
Wenuupheanic Sa HS Eenkssuring Peeeeeervresene
Consolidated Lake Sun
Land Company
Ror
Pennsylvania
Stee Do, Ag Ae Philande
Iphia Bours
Danville
Southern Cotton Denese State Steel
Susquehanna
Ron & Steel
Tidewacoe Cms
Autom de Seeene
Warwick Iron and Steel
Harrison Bros
Welsbach Commercial
Harrison Bros. Co. Incorporated
Welsbach Saneaeee
Welsbach
Baltimore
American Railways
Indianapoiis
Ehigh Avenue
United Railways
Te Sunagelphie
Heeassenger
Citizens’ Passeer Railway
Pittsbar
Birmingham
New Jersey
Somepany General
Ridge von Iebinker Railway
Ansolida
Rocester Railway
Scranton Railwa
Dayton
Second
Fairmount Park & Haddington
Ark Transportation
Wee
Green & Coates
Hestonville
Railways & Electric
Ont - Hestonville
Holmesburg
Tacony & Frankford
West Philadelphia
Wilmington
West Chester
Aecess
Secretary of the Treasury
American Locomotive Company ii
H. H. Stambaugh
Brier Hill Coke Company
Youngstown
Myette County
National Bank
Washington
Butte
Talbot J. Taylor & Co
Tennessee Coal and Iron
Clark, Dodge & Co
Carnegie
Southern Railway Preferred
Southern Railway Common
Pennsylvania Steel
Cambria Steel Companies
Cambela Steel Companies
Federal Steel
Internal Revenue Collector
W. P. Hirst
Scottvale
Kingwood
West Virginia
Sv d'vaNance
Chicege
Sones
Paris
Berlin
Hamburg
Amsterdam
Bt. Petersburg
NEW York Stock Market
Colorado Midland
Town Central
St. P
NEW York Times
Ohio
Northwest
Rock Island
Illinois Central
Towa Central
Southern Pacific
Texas Pacific
Untot Bay
Tennessee Goal
New York Air Brake
Linseed
Eaay
Southern Railway
Morgan
Vanderbilt
Standard Ol
Keene
Eries
Atchison
Ilinois Central
Tennessee Coal
H. ©. Frick
St. J. OR
Fuel & Tron L. & &F
Continen
Tobac
Hudson
Southern Pace, Gas & Plettric of
Tenn
Guanes
Texas & Pact
Ilowa Centra
NEW York Sun’s
Associated Press Review
Amal
Gan
Cet
Louis
Sanh ii Am
Lin
Minn
Arbora
Pacco
Bklyn R T
Brake
Sonia
N.Y
N. i
Ches, & Onlo
Nor. & Weat
Alton
N. Am. New
Nor
Penn
P. Ind
St. d.& Gr
St.l
F. Rts
Con
Tob
Eifaal
de & Hudie Saipan
Pac
Den
R. G. Tm
South
Hans
D.S.S
Gas & Elec
Bergen Co
Elec
Tits. Co
Steener
Win Acne
Louisy & Nash
I. Es I. Rm
Hok Fe ¢ Trust
Mita. Ist
St. L
Senneene Bay
Stone
Col. & Sa
Trust
T&s
RK & O Pr
Tee
City Gas
Soong Cc
Erie
Nash
Ch & &T Ll
Pearse
BR & O
Sus
Weat
N. Y
West
Tex
Bkn
Bieta
Trust Nor. Pac
St . & West Too
Gt. C
Can. So
Ist Inc
Ott F
Rio
G. Wist
A. Autney
W. B Coal Rt. L. Swn
Mev& St
Asacodde Atch
Cana 'Gouther Centra Ae
Chi. Gheenpake
Terewene
Stee
Tie Jy Col. Fuel & Iron
le Goewss & Boutin
Continental Tobacco
Sty «& Hudson
Lack
Rio Grande
General Electric Ae
Great Northern
Ewe
Hocking Valey
Lakerie & Terr Vo
Louisville & Nashville
Manhattan
Mexican St Railway
Ctf
Texas Rt
Des Url Pacific
Newark Central
Wexter
Norfolk & Western
Pennsylvania Pacific Mail
People’s Gas
Repub
Ye & Steel
St. Rosie
San Fran
Uthwest
Sik Tenn. Coal & Iron
Texas Pac
Land Tr
Union Pacific Hii
U S
Sean Wees
Western Union Zo
Wheeling & L
Germany
Leipsic Bank
Wence Iuen
Bleecker Street
Fulton Ferry
lLroad Co
Brogéns
Severs Ave
Thaltrned! A) Co
Broadway
Seventh Ave
Breas
Dry Doel St
Ui Con Werbo
Maninat
Bicceau Bertace
Ae & J
Broad Surface Railroad ( Ag
Dienes
Ariz
Blue Bell
Aberdeen
Columbia
Ee Tire
Mtg
Det & South
Red
Aweweeeee
Electric Vehicle Co
Ween Neem
Neral Carriage Co
Inter
Umbrel
Tess
Ol Col. Co
Rosie
Dec
Vane
Opty
Man
Co K
C. Co
Bia
Gen
Union Ge
Amster
Rrco
Jlil
N. Ge
Ihe
Stand. Co. Pf
Eendard