Has the Tide Turned Impartial Finance Column
Editor analyzes recent stock rally within bear market context noting two main causes October Balkan war and tariff fears. Describes market recovery, dissolved Southern Pacific syndicate, rail and flood impacts, and J. P. Morgan loss. Concludes banking power in New York may curb violent swings and prices reflect/readiness for renewed prosperity.
MENTIONED IN THIS ARTICLE
Southern Pacific Syndicate
Supreme Court
New England
Middle West
J. P. Morgan
Bears
New York
Europe
Money Market Quotes Show Slight Drops Ahead of Dividends
Yesterday money markets reflected final preparations for heavy dividend disbursements with rates 1-4 to 1-2 percentage points lower than Tuesday. New York money on call traded 5-8 to 6 percent, the day’s rule at 6 percent. Time funds ranged 5 to 5 1 4 percent for 9 days, 5 percent for 60 days, and 4 5 and 6 months terms. Local rates and foreign exchange figures followed.
MENTIONED IN THIS ARTICLE
Navy
New York
Boston Clearings
Boston
Boston Sub-Treasury Credit
New York Clearings
Anne Waeeee
Bond Market Activity in New York on April 1
Trading was active and prices buoyant with convertibles from American Telephone Atchison Baltimore Ohio St Paul Norfolk Western and Union Pacific plus New York Central Lake Shore 34s and Wabash 4s. Government bonds closed at Mer 10034 101 4 101 102 134 102 103 11384 114 1 at Nas 11344 114 4 ist ein is 100 101 1 10244 103 el a1 10274 103 ie lose.
MENTIONED IN THIS ARTICLE
American Telephone
Atchison, Baltimore & Ohio
St. Paul
Norfolk & Western
Union Pacific
New York Central Lake Shore
New York Railways
United States
Obacco
an _ Pet Corp pt
Ific
Leather Pf
A & Aeres
Goodrich F Co
Goodrich
Int Corp of
Liaaat & Ie
Mackay Pf
Mexys Co
Nevada
Nc& SL
Nynh&h
Nor Am
Nor Southern
Nor & West
PCC& SL
Pitts
Icksilver
Rock Island
Rock Isla
St Lou & Sn
Seaboard Air
Sears-Roebuck
Studel
the Texas Co
Third Ave
United Cigar
Utah
West
Maryland
Union
Brut
Bac
Woolworth Adaee
Woolworth Pf . A
Ahmeek
Eeeet
Allouez Ays
Ameet & Tel
Arizona Com
Bos Elevated
Boston Corbin
Fitchburg
Georgia
Indiana
Maine Central
Mason Valley
Old Colony
Old Dominion
Palla C
Ean
Tlll Il
Shattuck-Aris
Su & Bos
Torrington
Apex
Bond Market Listing From Historic Exchange Page
A chaotic OCR snapshot shows bond transactions and prices across many issues. Notable figures include totals such as sales of 2,317,000 dollars and year-to-date totals around 145,192,000, with January through date totals near 3.10 and prior year comparisons. The fragment references Pacific T and T 5s, Am Hide and 16s, Gen Elec deb 5s, and Indiana Steel 5s among others.
MENTIONED IN THIS ARTICLE
Pros & Co
Pacific T & T
Penn
Pelt
Irie
SPAT
Hide
Erie
Geo Motor
St Jo & Grand I
Grest Norris Aban Ee
Mont Cendiv
At&s
Dbs
Pontes P
Dew Siding
Indiana Steel
Prices Continue Upward Swing in Yesterday's Markets
New York total sales 494500 shares and Boston 26723. Most active issues were Steel common in New York at 108800 and in Boston at 3974. Jan 1 to date New York 22757300 shares vs last year 32786400. Boston 1695272 vs 3522355. Notable changes include Am Tobacco gains in New York and Ahmeek Mining gains in Boston while Weyman Bruton Co and Conn River R A show losses. Call money in New York 4-6 percent, Boston 5-6. Time money New York 4 3-4 to 5 percent, Boston 5 1-4 to 6.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Am. Tobacco
Weyman-Bruton Co
Ahmeek Mining
Conn
River R. A
Market gains across standard and speculative stocks rise
New York trading day shows gains of one to three points across standard and speculative issues. Market broad, demand strong from short and long accounts, aided by European buying and copper demand after peace terms. Pennsylvania and other railroads report mixed earnings. bonds decline slightly with total par sales about 2.315 million.
MENTIONED IN THIS ARTICLE
Messrs. W. S. Barstow & Company,Inc
J. G. White Engineering Corporation
Eastern Power & Light Corporation
Vermont
New Hampshire
Indiana
Pennsylvania
West Virginia
First Mort
Reading Transit & Light Company
New York
J. P. Morgan
Turkey
Europe
New York Central
United States
Copper Shares Rally On Record March Exports In Boston
London cables show lead producers selling electrolytic copper at 15.38 cents with March exports reaching 93,412,480 pounds a new high. Buyers grow optimistic as Houghton Calumet & Hecla and subsidiaries prosper. North Butte East Butte output rises boost steel and Telephone stock demand. Western and New York buys notable. Market closes strong.
MENTIONED IN THIS ARTICLE
Boston
London
Houghton
Calumet & Hecla
North Butte
East Butte
Western
New York
Butte & Superior
Greene Cananea
Boston curb market report shows activity and price shifts
The Boston curb market remains active with notable moves. Baltic, Menoun Meta, Basingara areas show gains amid fluctuating quotes. last prices moved from 70c to higher while a 3c drop from the previous close is noted. Douglas and Bay State Gas are minor movers.
MENTIONED IN THIS ARTICLE
Butte Central
Ite
Ode
Eho Menoun Meta
Basingara
Ares
Et Ge
Douglas
Bay State Gas
United Shoe to distribute stock under profit sharing plan
The United Shoe Machinery Company will in the next weeks distribute about 30,000 common shares purchased in the open market under its profit sharing plan begun Jan 1 1910 and ended Dec 31. The stock will be allocated to 1000 lessees, averaging 80 shares per lessee.
MENTIONED IN THIS ARTICLE
United Shoe Machinery Company
Goodyear
Also Mentioned on This Page
Kidder, Peabody & CO
Devonshire Street
Wall Street
Kansas City Terminal Railway Co
Atchison, Union Pacific
Chicago
Burlington & Quincy
Chicago, Milwaukee & St. Paul
Higginson & CO
Money Markets
Bell T & T
Rhee
Pacific
Toreg Ee
Brees
Tata
Beth Steel Rig
Va Aes
Tri City
Ara Sui Biya Tin Blesoleus Tees
Eis
Equitable Trust Company OF
Messrs. W
Barstow & Company
White Engineering Corporation
William P. Bonbright & Co
Philadelphia
Detroit
Spitzer, Rorick & Co
Spitzer & CO
Nassau Street
J. H. Wood, Jr
Parker House
Mass
Blackstone
Providence
R. I
Rollins
E. H. Rollins & Sons Investment
Denver
San Francisco
Los Angeles
Massachusetts
THE
United Gas & Electric Corporation
Central Trust Company
Altoona
Wilkes Barre
Lancaster
Elmira
Lockport
Buffalo
N. Y
Richmond
Terre Haute
Ind
Colorado Springs
Colo
Hartford
United Gas & Electric Company of New Jersey
Lancaster County Railway & Light Company
Harrisburg Electric Service Company
Nee A
Houston Gas & Fuel Company
Houston
Texas
Consumers Electric Light & Power Company
New Orleans
International Traction Company of New Jersey
United Gas and Electric Corporation
First National Bank
Bertron, Griscom & CO
State Street
New York Market
Liverpool
Baee Meteeree
Boston Stocks
West T &T
Alaska Wreeerry
Butte
Calaveras
Gray & Davis, Inc
Plymouth Rubber Co
Connecticut
Ely
Goldfield
Miami
Braden Oh
Tsa
Consol Aris
Davis Daly
el Paso
Ely Consol
Giroux
Greene
Houston Oil
Ape
Tito
Milwaukee & St. Paul
New Haven
Coppers