Bull Crowd Holds Grip On Market
Wall Street reports a strong trading day with Reading and Union Pacific in focus as stocks rally amid convertible bond issues and profit taking. Banks show no major cash shifts while time loans rise. market breadth remains uneven with public investors cautious about high finance.
MENTIONED IN THIS ARTICLE
Wall Street
Reading
Union Pacific
Harriman Pacifics
Sfill
Pennsylvania
Eries
Atchison
Erie
Delaware & Hudson
United States
Boston
New York
State Street
Southern Railway and Steel
London
Atlantic
Great Britain
Continent
Morocco
Russia
Manchuria
Ito
Southern Railway
Gossip of the Street Stocks Boost in Boston and Copper Markets
The market traded firm with gains in Boston & Worcester stock, United Copper blocks bought near close, and Arizona Commercial rising to 17½. Insiders boosted Ahmeek Mining directors. copper demand strong as China buys heavily.
MENTIONED IN THIS ARTICLE
United States
Boston
United States Steel
Union Pacific
Boston & Worcester
New York
Mining and Stock Exchange
Arizona Commercial
Bay State Gas
Treadwell
Majestic
North Butte
Rotary Ring
Whiting
United Copper
Paine, Webber & Co
Hayden, Stone & Co
Ahmeek Mining Company
China
American Loan & Trust Company
United Shoe Machinery Company
United Shoe Machinery Corporation
Boston Stock Exchange
Greene
New York News Bureau
Massachusetts Electric Company
Boston & Northern
Old Colony Street Railway
Henry E. Reynolds
Charles G. Smith
Charles G. Gates & Co
Moosehead Lake
Maine
Smith
Boston News Bureau
Erie
Norfolk & Western
Baltimore & Ohio
State Supreme Court of Kansas
Standard Oil
Republic Steel Preferred
E. S. Hooley
Hooley, Learn
Dividends Declared by Utilities and Rubber Co
Dividends payable include U. S. Rubber Company quarterly 2 percent preferred on August 15 and Electric Company of America semi annual 8 percent on July 31.
MENTIONED IN THIS ARTICLE
U. S. Rubber Company
Electric Company of America
Washington banks to pay Treasury $12 million by July 15
A Washington despatch notes the money situation in the railroad tangle in the Northwest. It states banks must pay the Treasury Department $12,000,000 before July 15. Heath.
MENTIONED IN THIS ARTICLE
Northwest
Washington
Treasury Department
Heath
Wet weather lends strong tone to wheat market
Wet weather in the northwest gave the Chicago wheat market a rally with September futures up 1 1/4 cents, corn up 1/4, oats up 1/4, and provisions nearly steady. Strength stemmed from showers in the spring wheat belt and a Liverpool advance tied to reduced Argentina shipments as shorts buying and commission houses supported prices.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Argentina
Chicago grain quotations and wheat options outlook
Ennis and Stoppani report a bullish session as prices rose on strong buying and short covering. They advise buying December and selling September wheat, noting coarse grains firm with good support and favorable field reports, suggesting further price gains.
MENTIONED IN THIS ARTICLE
Csccccee
Sccsoes Bai
Chicago
Ennis & Stoppani
Boston Market Notes Ex-Dividend and Rights
The Boston Market reports ex-dividend and ex-rights statuses. Total sales tally includes listed stocks 23 163 shares bonds 122 500 unlisted stocks 8698 shares rights 6232.
New York Bonds Close Prices Across Markets
Closing price snapshot contrasts July 6 and July 7 bonds across US and international issues. Notable entries include US rf 2s at 1031 103, US 3s reg at 108, NYC g 3s at 991, So Pac 4s around 93, and Cuba 5s at 1065. Ratios and small variances reflect market shifts for government, municipal, and corporate issues.
MENTIONED IN THIS ARTICLE
Do 1St Inc
Us&s
M, K&t
N.r
N.c
Nyc
NJC
N&w c
So Pac
C&a
So Ry
C,b&q
Pac
C,ri&p
T. Slew
Union Pa
Cc&sl
W & LE
Erie
New York stock market shows strength with limited supply
The New York Consolidated market July 7 reports strong activity despite intervals, price intrusions seen as profit taking not liquidation. Traders awaited a reaction to reenter, but strength persists due to low stock availability and rising buying power. Bullish sentiment widens and investors seek Steel, Pacific, Copper and coal stocks for higher month-end prices.
MENTIONED IN THIS ARTICLE
New York
W. B. Smith & Co
Congress Street
Boston Theatre and Vicinity Arts Scene Pub Scene
The Tremont Theatre closes its second week tonight with Kafoozelum and notes the end of The Earl and the Girl at the Boston Theatre. Next week features Fantasia and final Audiences performances. Also previews Empire Telephone Girl finale and Paragon Park leisure updates.
MENTIONED IN THIS ARTICLE
Tremont
Dave Lewis
Elsie Fay
Toby Lyons
Boston Theatre
Big Playhouse
Shubert
Audrey
Castle Square Theatre Company
Brother Officers
Howell Hansel
H. V. Donnelly
Natural Gas
Keith Bill
Ray L. Royce
York State
Therese Dorgeval
McPhee
Hill
Matthews
Ashley
Mosher
Houghton
Jack Martin
Bowdoin Square
Palace Theatre
Waldron
Aga
Aus
Tin & Stone’s
Santos
Powell
Boston
Paragon Park
Norumbega Park
Lexington Park
Point of Pines
Missing Bonds Vanish From Defunct Bank Vault
Sixty thousand dollars in United States bonds deposited for safekeeping by private individuals are missing from the defunct Commercial Bank in Hagerstown Maryland. The loss was found during a safe contents inspection. Cashier John Bowman, who earlier died by suicide on July 3, was connected to the bank.
MENTIONED IN THIS ARTICLE
Hagerstown
Mad
United States
Commercial Bank
John Bowman
Boston Chamber Of Commerce Seeks End To Freight Differentials
The Boston Chamber of Commerce committee reported after a special meeting that while the Interstate Commerce Commission cut flour differentials to 2 cents per 100 pounds at Baltimore and 1 cent at Philadelphia, other differentials remain. The chamber argued the system unfairly benefits Baltimore and Philadelphia and pledged to push abolition, praising counsel Hamlin and former secretary Prestyn for their efforts.
MENTIONED IN THIS ARTICLE
Messrs
H. M. Whitney
B. J. Rothwell
J. M. W. Hall
George Bray
Boston Chamber of Commerce
Chamber
Interstate Commerce Commission
Boston
New York
Baltimore
Philadelphia
Commission
Charles S. Hamlin
Elwyn G. Prestyn
New England
Also Mentioned on This Page
St. Paul
Amalgamated
Amer Car & Foundry
Amer
Amer Hide & L
Amer Locomotive
Amer Smelt & Refining
Amer Sugar Refining
Amer Tob
Anaconda Mining Co
Atchison Ee
Chicago & N W
Mil & St Paul
Ter & Trans
C & St Louis
Colorado Fuel & Iron
Colorado & Southern Ee
Denver & Rio Grande
Secur
General Electric
Hocking Valley
Illinois Central
Manhattan
New York Central
Ny, Ontario & Western
North American
Ees Eene
Northern Pacific
Pacific Mall
C.seeees
People’s Gas
Eeese
Eeseees
Republic Steel
St Louis SW
Southern Pacific
Eeren
Sonten Railway
Tenn Goal & Iron
Texas & Pacific
Tol
SL & Western
Wabash Enere Ereee
Western Union Eeteee
Wes Central
H.R. Leighton & CO
Washington ST
Devonshire ST
TOR
L. D
Curod Err
Erry Davis
Chicape of Trade
State Mutual Building
Bell Tel
Am Tel & Tel
Atch
T&s F
T&s FF
Central Vt
Ch & W Mich
Ill Steel
USS Steel Ss
Adventure
Allonez
Ag Chem
el & Tel
Boston & Albany
Boston & Lowell
Boston & Maine
Con & M
Cumber Tel & T
Daly-West
Dom Iron & Steel
Edison el Ileee
Ee Erie R R Rr
Fitchburg Pref
Ry & Elec
aGen Electric
Greene Con
Isle Royale
Mergenthal Lin
Mont Cc & Co
NH & H
Old Colony
Pullman Co
Quincy
Seve
Rutland
Savannah
Seattle
Shannon
Tamarack
Trinity
Union
Do Pacific
United Fruit United
Ss & Ol
U S
Pighte +s cas
U S Steel
Victoria
Western Tel & T
of Do
Winona Min Pref
Seers
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Metropolitan St Ry
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Ewe
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Zeno, Jordan
4Rae
Riccabona
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Sui A
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Lexington & Concord Sight-Seeing CO
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Taylor
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the ‘Garden
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Astle SQ
Castle Square Theatre Stock Co
Down Town
Winter St
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King Philip
ED. W. Dixon
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Rowe's Wharf
Chamber of Commerce Committee
Score Inter- State Commission
Nantasket Beach
Martland Brockton
ROWE
Pemberton
G. P. Cushing
Plymouth
Plymouth Oute
Rowe’s Wharf
Long Wharf
Gen. Mgr
Bass Point
Nahant
LIN= COLN
Battery Street
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Court St
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Pilgrims
North Atlantic Squadron
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Rowe's
S. A. Moody
Isles OF
Ney
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City of Haverhill
Union Wharf
Shoals
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Battery St
Portsmouth
N. H
Isles OF Shoals
Nova Scotia
New Brunswick
Newfoundland
Prince Edward Isl
ALL Rail Line
Eastern
S&s. S. Co
Dominion Atlantic Line
Raymond & Whitcomb CO
Washington Street
Old South Meeting House
Beauhead Rates
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