London Market Sinks Amid Weak Trading and Myriad Rumors
The London stock market opened weak with thin bulls and dull bears as uncertainty grew over a major Australian wool company’s liabilities near £1,000,000. Grangers and London specials fell, St Paul and Union Pacific slid, while Burlington and Atchison fared mixed. Despite the gloom, signs of tightening liquidity emerged: funds returning to centers, foreign freight demand improving, and savings banks restoring deposits. Currency fears linger with slight sterling weakness and cautious rates amid a cautious outlook for July.
MENTIONED IN THIS ARTICLE
London
Money Centre
St. Paul
Union Pacific
Burlington
Atchison
Boston
New York
Congress
Butte
Centennial
Boston Board
Sterling Exchange
New England Street Railway Company
Cleveland & Canton
New York Bond and Stock Market Daily Report
Official market report lists highest, lowest and closing figures for bonds and rails. By day’s end Atchison, Atlantic & Pacific, New York & New England and Western Union show varied bid and ask prices, with many entries in mining and utilities sectors.
Unclear OCR Trade Figures and July to October Prices
Fragmented data lists percent figures and commodity names with partial month headings. Lacks full context, but indicates pricing for corn and ribs across July September October with inconsistent values. No clear event, team, or person identified.
Infringement suit on Blackstone cigar trademark dismissed
Colt J Armand Levy of New York and others sue Henry Waltz and others in equity to restrain trademark use of Blackstone for cigars. Defendants argue lack of novelty. Court finds complainants failed to prove first adoption of Blackstone as a mark and dismisses bill with costs to defendants. Attorneys Huntress for complainants and Tucker Abbott for defendants.
MENTIONED IN THIS ARTICLE
G. L. Huntress
P. E., Tucker and
G. C. Abbott
Miniature Almanac for Tuesday July 11
High water at 8 58 a m and 9 23 p m. Sun rises at 4 18 and sets at 7 21. Moon rises at 1 41. Length of day 15 hours 4 minutes. Arrived.
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ETERA
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Commonwealth 6Oo
Massassachusetts
Joseph G. Eaton