Market Strength Wanes After Early Rush in Wall Street
The Aug. 4 market opened with brisk activity led by Union Pacific and St. Paul, sending prices higher before a shift to less influential stocks. Traders welcomed grain crop optimism, with big gains in Central Railroad of New Jersey and Northern Pacific, and earnings boosts for Union Pacific and Southern Pacific. The day ended with mixed results as some leaders weakened and concerns about the money market and future conditions persisted, prompting caution among investors.
MENTIONED IN THIS ARTICLE
Wall Street
Stock Exchange
Union Pacific
St. Paul
Lackawanna
Central Railroad of
New Jersey
Northern Pacific
Cealers
Southern Group
Missouri State Report
Rock Island
Corn Grangers
Southern Pacific
London
Boston
New York
Sdesew New York
State Street
Jersey Central
Canadian Pacific
Shorts
Northwest
Delaware & Hudson
Brooklyn Rapid Transit
Metropolitan
Amalgamated
Amer Nee & Foundry
Amer
Amer Hide & Sea
Amer Ene
Amer Rinelting & Refng
Amer Sugar
Amer Tobacco, Pfd
9TY
Anaconda Mining Co
Atchison Eee
Atlantic Coast Line
Baltimore & Ohio
Central of New Jersey
Chesapeake & Ohio
Chicago & Alton
Chicago Great Western
Chicago & Northwestern
Chicago
Mil & St Paul
Ter & Tra
C & St Louis
Colorado Fuel & Iron
Colorado & Southern
Consolidated Gas
den & Rio Grande
Distillers Securities
Hocking Valley
Illinois Central
International Paper
Iowa OG
Minnealis & St Louis
St Paul
Dore
Missouri Pacific
Missouri Kan & Tex
New York Central
Sloss Sheffield Steel
St Louis & S F
Ee Southwestern
Texas & Pacific Eeeeree
Toledo
Virginia Pemiina Chem Do Seer
Teae Wabash Pref
Western Union Wells Fargo Express
Rona Central Do
Saiak
Copper Range and Allouez Lead Market Rally in Boston
Strength and activity surged in copper shares with Copper Range Allouez and Mohawk as leaders. The Allouez yield news sparked an upturn to 35 and a close near 34 12, while Mohawk rose 212 points amid strong local sentiment.
MENTIONED IN THIS ARTICLE
London
New York
Europe
Paris
Savings Bank
Boston
Allouez
Lawson-Burrage
John Abbott
Olmstead
United States Bankruptcy Court
A. Fred Brown Commission Company
Illinois
District Court
Guggenheim Exploration Company
Utah Copper Company
Utah Company
Butte
Mont
United Copper Company
Belmont
Arizona Commercial Company
Old Dominion
Copper Hill
Missouri, Kansas & Texas Railway Company
H. W. Poor & Co
E. H. Rollins & Sons
Redlands
Cal
North Butte
Ari
AmTel & Tel
Atech
Central Vt
Am Tel & Tel
bAm Woolen
Am Zinc
Arcadian
Atlantic
Bingham
Bonanza
aBos
Bos & Albany
Bos & Maine
Bos & Proverees
Cal & Heeda
Isle Royale
Michigan
NH & H
Oat & West
Ee Old Colony
Osceola
A Pullman Co
Quincy
Rhode Isl
Santa Fe
Seattle
Shannon
Tecumseh
Torrington CI A
Union Pacific
United Copper
United Fruit
United
US Coal & Oil
US Steel
Ado Seereeeeve
Utah
Vermont & Mass
Eeee Victoria
St Ry
Wheat strong in Chicago markets on August reports
Wheat futures rose in Chicago as decreasing receipts from the Southwest and new damage reports from the Northwest supported prices. September corn fell about 14 percent, oats slipped, and provisions gained up to 22 cents.
MENTIONED IN THIS ARTICLE
Chicago
Southwest
Northwest
Business Good Agencies Say
R G Dun reports continued wholesome expansion in trade with liberal commodity consumption and shrinking idle machinery. Cotton and woolen industries strengthen. shipments advance earlier than usual. inflation unlikely. Bradstreet notes crop growth aids trade, fall business emerging, western markets opening early, and improved demand and collections. Business failures for the week ending Aug 3 total 178.
MENTIONED IN THIS ARTICLE
New York
R. G. Dun & Co
Review of Trade
Boston Market Ex-div and Rights Summary
The Boston Market reports ex-dividend and ex-rights notes. Total sales include listed stocks 43 074 shares bonds 27 600 unlisted stocks 10 666 shares and rights 4 460.
Bond closing prices compared with Thursday
Yesterday's bond prices show various US and corporate issues with small moves from Thursday. Notable levels include U S rf 2s at 103 percent, U S 8s coll at 108 percent, Atchgen 4s at 104 percent, and Penn con 3s at 104.5 percent, among many others reflecting mixed daily shifts.
MENTIONED IN THIS ARTICLE
C&a
Cuba
D & RG
Dist Sec
Erie P
Dividends Payable Notices for Niles Bement Pond and Pratt Whitney
Dividends announced for Niles Bement Pond Company. 8 percent common stock paid in two instalments 1 percent each on Sept 20 and Dec 20. 1 percent preferred stock due Aug 15. Pratt Whitney Company declares 11 4 percent preferred dividends due Aug 15.
MENTIONED IN THIS ARTICLE
Niles Bement Pond Company
Pratt-Whitney Company
Seized Securities Reclaimed By Duluth Man In Jersey City
Richard Cullen president of the Duluth Iron Manufacturing Company recovered 3.9 million dollars in face value stock certificates found after washing at a Battery fountain. Peter McGovern turned in the bundle, saying he found the papers on Academy street. Cullen offered one thousand dollar stock as reward, which McGovern rejected. no cash payment agreed.
MENTIONED IN THIS ARTICLE
New York
Richard Cullen
Duluth Iron Manufacturing Company
Duluth
Murphy
Peter McGovern
Essex Street
Jersey City
Academy Street
McGovern
Cullen
Chicago Grain Quotations From Ennis Stoppani Report
Wheat prices closed near the day’s highs with September at 84 1 4 and 85 1 8 in early sessions. Oats and corn showed mixed moves as foreign news buoyed wheat while profit taking pressed other grains. Ennis and Stoppani note a local scalping pattern with limited outside interest and suggest selling on any marked advance.
MENTIONED IN THIS ARTICLE
Chicago
Ennis & Stoppani
Chicago Board of Trade
State Mutual
The Pearl and the Pumpkin at Colonial Theatre Ends
After three weeks at the Colonial Theatre audiences have enjoyed The Pearl and the Pumpkin, but its run ends with last performances Saturday Aug 19. The Grand Opera House opens tonight with Howard Hall in The Millionaire Detective featuring Lorna Elliott.
MENTIONED IN THIS ARTICLE
Colonial Theatre
Grand Opera House
Howard Hall
Hall
Lorna Elliott
Camilla Crume
Blanche Bryan
Viola van Derhoof
Philip Drew
Wilson Forbes
George A. Weller
M. B. Streeter
Paul Jordan
George R. Beebe
T. A. Brown
Tremont Theatre
Dave Lewis
Dyer Held for Murder in Lawrence Case
Lawrence clocked a murder case as Michael Dyer was held for the killing of James Webb in a city that saw swift police action and court process unfolding after the incident on a recent day in August.
MENTIONED IN THIS ARTICLE
Lawrence
Michael Dyer
James Webb
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