Weakness in Railroad Stocks Marks Market Slump
In New York on May 18 traders saw acute weakness in low priced railroad stocks and bonds. Saint Louis and San Francisco led declines with common and second preferred down five points, first preferred down twelve, and 4 percent bonds near historic lows. Investors awaited New York Central four percent issue and a Chinese loan abroad, hoping for a stimulus to investment demand amid overall irregular bond trading.
MENTIONED IN THIS ARTICLE
New York
T Louis & San Francisco
New York Central
United States
American Locomotivy
American Smelting and Refining
American Telephone and Telegraph
American Tobacco
Anaconda Mining Company
Atchison Atlantic Coast Line
Baltimore & Onto
Bethlehem Steel
Brooklyn Rapla
Canadian Pacific
Central Leather
Chesapeake & Ohio
Chicago Great Western
Chicago
Milwaukee & J. Paul
Chicago’ & Northwestern
Olorado Fuel and
Trea
Consolidated Gas
Delaware & Hudson
Denver & Mito Grande
Do Ist
General ‘Electric
Great Northern
Centre i
ALN
Interborough
Nevada
International Harvester
Paine, Webber & Co
Intermarine
International Paper
Atlanta
International Pump
Kansas City
Tiger
Pacific
Pennsylvania
Dexter Union
People's Gas
Pittsburg
le Louis O
Manhattan Consolidated
Hattan Dexter
Virginia
Pullman Palace
Episite Sical
Iron Savage
Ee Bierra
Rock’ Island
Belmont Det. Louis
Sanrancisco
Boston
Starboard Air Line
Southern P
South Railway
Tonopah Mere Midway
Tennessee Copper
Montana
Texas & P
Pacio
Eula
United States Realty
Tonopah
United States Rubber
Silver Peake
United States Steel
Neda Hills
Round Mountain Oe
Chemie Ae Wabash
Maryland
Westinghouse Electricity
Wheeling & Lake Erie
Market Report Minneapolis Wheat and Grain Prices May 18
In nosTON stock ny Minneapolis on May 18 grain prices show July wheat at 04 cash No 1 hard 14 cents and No 1 northern at 04 (text fragment) No 2 northern and other grain listings. Flax around 1.20 Barley price appears as sgore with unclear figures.
MENTIONED IN THIS ARTICLE
Minneapolis
Montana
Copper Merger Plans Shake Up Local Markets
Local traders report mixed activity as copper stocks stay subdued while Giroux Mines plans an $8 million merger including Copper Mines and Consolidated Copper. Bonds, earnings, and new exchange terms hint at shifting control among Giroux Butte & Ely and Thompson interests.
MENTIONED IN THIS ARTICLE
Boston News Bureau
Giroux Mines Company
Nostells
Copper Mines
W. B.thompson
Butte & Ely Company
Giroux Company
Giroux
Butte & Ely
Thompson Company
Sy Reate
T. F. Cole
W. B
Heilbronn
Hutte & Ely
Ble
Ely
Alameda
Spokane
Wallace
Samuels
Success Company
Barnes-King
Market optimism pushes gold stocks ahead after tariff delay
The report notes renewed strength this morning with a 2 percent rise in Boston investing, while Butte New York Tuolumne Keating Gold and Stewart stay quiet. Keating in Ohio shows weakness recent days. Traders expect a substantial advance once the tariff bill clears.
MENTIONED IN THIS ARTICLE
Boston
Butte
New York
Tuolumne
Keating Gold
Stewart
Ohio
Keating
Money Market Summary May 1 Prices steady amid bonds and funds
Prime mercantile 8 percent. Sterling exchange for bankers bills at 183 for 60 day and 48580 for demand. Commercial bills 48280. Bar silver slight. Mexican dollars 8. Government and railroad bonds steady. Money on call 2 to 2 1 2 percent. Ruling 2 to 2 1 2 percent. Time loans steady 4 percent for 69 and 9 days and 1 month.
MENTIONED IN THIS ARTICLE
Sterling Exchange
Copper and metals market report from New York
Copper dull with May and June bids around 1S10e and July at 5.4e, August at 18.37e. lead steady, spelter soft. Copper exports today 2.03 tons, for the month 23.399 tons. London copper steady. Spot £68 15s, futures 08 128. Lead 18 9a, spelter £24 15a.
MENTIONED IN THIS ARTICLE
New York
London
Portland Livestock and Chicago Dairy Prices Summary
Portland May 1 cattle market with receipts of 10,000 head. Choice steers around 2.00, medium 1.87 to 1.88, good cows 6.50, medium cows 6.68, calves 8.99 to 9.?, bulls 2.80. Hog receipts 1,800. light 28.85, heavy 6.50 to 7.90. Sheep receipts 2,400. yearlings 6.75 to 8.25, ewes 5.25, lambs 7.0. Chicago May 19 butter and eggs unchanged. butter 7,100 cups receipts. eggs 21,000 cases.
MENTIONED IN THIS ARTICLE
Portland
Chicago
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Leys
Jeweler
North Main Street
Oxfords
McDonald's
Anaanda Copper Mining Company
Bonner
Hollister
Fuller Drug Company
Anaconda
Newbro Drug Company
Adv
Noston Stock
Salt Lake Mines
Colorado
Almaka
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Michy
Miami
Necie
North Button
Dominion
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Penneck Coaley
Quincy
My Swit Santa Fe
Iy Shannon Shattuck
Superior Copper
Tamarackah Trinity
I ‘Tuolumretah Consolea
Utah
Ing
Win “Apex
Vieworia Oy
Winonams
Wolverine A Wyandotte
Butte Central
Belmont Ff Bohemia Begole
Cactus Roston Iy
Butte & London i
Calaveras
Corbin Ne Cortes
Davie-Daiy Za
First National
Florence O Goldneld Consolidated
Helvetia
Kerr Lake
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Osthway
Oneco Raven
South Lak
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Stewart Lys
Ss. W. Mire
Yukon Gold
United Verde
Alex Scott
Paine, Weber & Co
Ely Consolidated First National
Newstone
Nipissin
Onlo
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Bec
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Bell
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Silver King
Bloux Consolidated
Uncle Sam Consolidated
Victor Victor
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TE. T
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Iarles J. Kelly
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