Wall Street Gains as Traders Cite Strong Earnings and Hepburn Hopes
Wall Street rallied with Reading leading a broad advance amid rumors of strong annual earnings and possible Hepburn act relief for coal companies. Traders cited improving business prospects, deferral of freight-rate increases, and favorable views on wage talks, with copper and steel shares driving much of the day’s gains.
MENTIONED IN THIS ARTICLE
New York
Aug. J
Reading
Wheeling & Lake Erie
Cnrg
American Hallway Association
Delaware, Lackawanna & Western
Pennsylvania
Amalgamated Copper Amer, Hide and Leather
Boston Stocks and Bonds Closing Prices
The Boston market reports closing prices for stocks and bonds with various utilities and industrials listed. Notable entries include American Telephone, Union Pacific, American Steel, American Sugar, and American Cyanamid among others with mixed performance figures.
New York Clearing House Figures Show Weekly Banking Increases
The weekly statement shows loans at 1.2733 billion, deposits 1.3654 billion, and circulation 56.149 million with notable gains. Specie stands at 221.911 million, reserve 400.436 million, and surplus 569.084 million. ex United States deposits total 61.993 million. The actual reserve ratio ends at 29.58 percent with non clearing banks reporting 1.0055 billion in deposits and 97.827 million cash on hand.
MENTIONED IN THIS ARTICLE
United States
Greater New York
Fall From Horse Breaks Leg Near San Mareial
Special correspondence from Morning Journal San Mareial New Mexico July 31 reports Chris Padilla of San Antonio thrown from a horse ten miles north of here suffering a compound leg fracture. Dr L L Senteff in charge says patient is doing nicely. Leandro Cuaren of San Antonio also injured falling from a tree fracturing several ribs. J M Montoya of the Rio Grande valley named sheep inspector by H P Lee of Albuquerque. Elmendorf station plans a sugar beet factory within the near future promoted by H Elmendorf. Plant will boost local beet raising with land under preparation.
MENTIONED IN THIS ARTICLE
San Mareial
N. M
Christo Padilla
San Antonio
Eimendorf
Here
Ll. H. Senteff
Leandro Cuaren
Alee
Senteff
J. M. Montoya
Rio Grande Valley
H. FP. Lee
Albuquerque
Livestock Sanitary Board
Elmendorf
H Elmendorf
A Faithful Prien Uses Chamberlain Remedy Since 1872
H. B. Nichols of Oakland Oklahoma testifies he has used Chamberlain's Colic Cholera and Diarrhoea Remedy since 1872 and always carries it on trips. He claims thirty-five years of use proves its value and recommends purchase from all druggists.
MENTIONED IN THIS ARTICLE
H. &. Nichols
Oakland
Oklo
Wreck Halts No 91 Train Near Alamogordo
A heavy coal and coke laden train derailed on track No 1 near Alamogordo due to soft ground from heavy rains. Cars tipped and buried wheels harmed ties as crews attempted to clear the line delaying No 2 eastbound for over three hours.
MENTIONED IN THIS ARTICLE
Morris
Ten Eyck
Alamogordo
Cloudcroft
John Miller
Baptist Church
Calloway
Knights of Pythier
Clyde
Texas
Mann
Quay
Guadalupe
F. W. Huot
High Rolls
Howells
Tularosa
C. Fortenberry
J. W Lofton
Alpine
Mountain District Socialist Mockery Reveals Party Confusion
A mountain district socialist joked about his party saying he did not know their exact position, but insisted they were "Fer ninet the Porest Service" in a quip that highlights unclear party aims.
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