Market Review and Outlook Surges From Shifting Trade
A market review notes a rise tied to monetary easing while rail and coal sectors show weakness. Idle freight cars rise to about 207,000 across 158 railroads, with large lines like Pennsylvania facing 75,000 idle cars. Coal curtailment cuts tonnage, pressuring railroad earnings. Reading collieries and Baltimore & Ohio cuts signal slower demand. Steel firm United States Steel reports lower fourth quarter earnings and reduced unfilled orders, underscoring a broad economic shift from prosperity to a more cautious credit and trade environment.
MENTIONED IN THIS ARTICLE
American Railway Association
Pennsylvania Lines
Chicago & Northwestern
Reading
Tidewater
Pennsylvania Railroad
Baltimore & Ohio
Norfolk & Western
Chesapeake & Ohio
New York Central
Reading and Erie
Pennsylvania
Providence
American Locomotive Works
United States Steel Corporation
Steel Corporation
England
France
Denmark
Russia
Switzerland
Germany
Netherlands
Missouri Pacific Bond Issue Details and Security
Kidder, Peabody & Co finds 6 million two year collateral gold notes convertible at holder option into 6 per cent Kansas & Colorado Pacific Railway first refunding mortgage bonds due 1938. Mortgage secures 12 million in 3 per cent bonds with direct lien on 1450 miles of railroad, rated at 15 544 dollars per mile. Yield stated at 61/2 percent. price 99 plus interest.
MENTIONED IN THIS ARTICLE
Missouri Pacific Railway
Kidder, Peabody & Co
Kansas & Colorado Pacific Railway Company
Missouri Pacific Railway Company
Missouri Pacific Railway Company Guaranty Trust Company OF
New York
Kansas and Colorado Pacific Railway Company
St. Louis, Iron Mountain and Southern Railway
Denver and Rio Grande Railroad
Western Pacific Railroad
Pittsburg
Penn
Chicago
Ill
San Francisco
Cal
Oldest Church in Rome Reopens After Eleven Centuries
In Rome on January 26 a ceremony at the catacomb of Santa Pris cilla in Via Salaria marked the return of the ancient site as a Christian church after 11 centuries. Professor Marucchi led two years of excavations restoring the cemetery and subterranean basilica, a culmination of careful work and scholarly effort.
MENTIONED IN THIS ARTICLE
Rome
Santa Priscilla
Via Salaria
Marucchi
Halifax Merchant Sails to New York on Two Lines
John Sherman of Halifax England arrived on White Star liner Adriatic from Southampton and shortly afterward joined Cunard’s Mauretania bound for Liverpool. A retired merchant he travels for health and often books passage on another liner to make connections, sometimes working quick to catch connections.
MENTIONED IN THIS ARTICLE
New York
John Sherman
Halifax
Yorkshire
England
Southampton
Liverpool
Maxim Says Airship Copied by Farman
Sir Hiram Maxim claims Henry Farman's aeroplane is a copy of one he built seven years ago. He notes his machine used steam while Farman uses gasoline and says he published all data needed to build successful machines.
MENTIONED IN THIS ARTICLE
London
Hiram Maxim
Henry Farman
Farman
Hiram
Underground Newspaper for London Subway Workers
A new weekly titled The Mole will be sold only in the London underground. Its editorial and printing offices will be underground. Editor predicts strong support as about 24,000,000 passengers ride the subways annually in London.
MENTIONED IN THIS ARTICLE
London
The
Mole
Copper Stock Fluctuations Reported With Detailed Sales
Copper shares show fluctuations with detailed figures on daily trading and total sales. The report lists price movements, volume, and closing totals for the period, highlighting market volatility and investor reactions.
MENTIONED IN THIS ARTICLE
Union Copper
Standard Oil
Amalgamated
Watch Union Copper
Also Mentioned on This Page
William E. Soule
H. E. Stephenson & Co. Journal Building
Boston Mass
Copper, Curb & Mining Outlook
Nevada
Utah
Balaklala
Trinity Nevada
Consol
Greene
Cananea
O. F. Jonasson &Co
Broad Street
New York City
Goldfield Consol
Goldfield
Florence
Daisy Cumberland
Ely Shoshone Consol
Mam Ammiliasasta
Guy M. Spear
Broadway
Isaac
Thorman
State of
Massachusetts
Charter Perpetual
Springfield
A. W. Damon
CHAS
KE. Galacar
W. J. MacKay
See’y
H. Williams
Treas
Pacific Coast Department
Geo. W. Dornin
John G. Dornin
Asst
United States
Boston
Reed & Brother
Kilby St
Nevada-Douglas
James Shay & CO
GO State
Mass
Amalzihic
Allouesz
Americine
Arizona
Aes
Calumet & Arizona
Centennia Ees
Consol Mercur
Franklin
Greene Cananca
Yale Ae
Michigan
Mont Coal
North Butte
Ve Bay
Rhode Island
Santa Fe
Shannon Sree
United Copper
Oy S
I,t
Utah Consol
Victoria
Dominion Iron
Hay O
Amer
Cry
Atchison
Bali & Ohio
Brooklyn
Northwest
Ee Dela & Hudson
General Electric
Great North of
Illinois Central
Mo Paciftic
Nor & West
O & West
Rock Island St
U S Rubber
Tas
U S Steel
Cece
Union Pacific
Ee Western Union
Nevada-Utah
Thomas W. Lawson
Nickerson, Simmons & Buss
Curb Brokers
State Street
Nevada-Utah Bay State Gas
Geyser Silver Mining Co
Nevada-Utah Bay State Gas Inpissing Dominion Copper National
Ceyser Silver Mining CO
Gillespie & O’mealey
Tel
Equitable Trust Company
Ework
Missouri Pacific
McOrtcade
Kidder, Peabody & Coo
Devonshire St
Baston
Silver Mining Co
Richard J. Burton & Coo
Bankers & Brokers
Congress Street
First National Copper Company
J. Thomas Reinhardt
Exchange Place
Broad St
F. W. Mason
STATE
Boston, Mass
Ceyser Silver Mining Co. A. Mi. Little Co
Kilby Street
Lar
Micmac
Greene-Cananea
Cumberland-Ely Butte Coalition
Nevada Consolidated J. Thomas Reinha
Exchange Pl
A. D. F. Adams Hone
Fort Hill
Aan
En Gree
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