State Street Topics The Bond Market
Yesterday’s market showed initial dullness then a strong turn as bulls gain strength from short interest. Bond yields and prominent issues like Southern Pacific Union Pacific, rail bonds, and Bank of England policy frame cautious optimism amid a tight money outlook and potential merger dissolutions.
MENTIONED IN THIS ARTICLE
New York City
Southern Pacific
Union Pacific
Steel
Reading
Union Pacife
Amalgamated
Traders Evidence a Cheerful Spirit in Yesterday's Markets
Daily market report shows total sales in New York reaching 299,500 shares and Boston 11,617. Reading leads as most active issue in New York with 55,800 shares, Amalgamated Copper tops Boston with 1,155. Year to date totals list New York 34,640,000. Boston 2,432,088. Norfolk & West shows the largest New York gain at 254 to 84 percent, Weyman-Bruton the largest New York loss at 35 to 240. Call money in New York 3 percent, Boston 314 percent. time money New York 4 percent, Boston 4 1/2 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
Amalgamated Copper
Norfolk & West, Ptd
Weyman-Bruton
Call & Hecla
Edison
American Piano
Commission House
Cro
Igher
Liverpool
Paris
Berlin
Budapest
Minneapolis
Duluth
Chicago
Peter Createes
N.Y Minn
St. Louis
Toledo
New York Stocks Rise On Short Covering Amid Gold Outflow Hopes
The New York market advanced as heavy trading pushed important stocks up one to two points. Harriman properties led the rise amid rumors of a plan to separate Union Pacific and related holdings. A $100,000 gold export to Venezuela signaled renewed outflows, with bankers predicting a larger Chilean and South American gold movement this year. Bond demand strengthened early trading with New York City bonds at 100 and government issues firm.
MENTIONED IN THIS ARTICLE
New York
Harriman
Supreme Court
Union Pacific
Venezuela
South America
Europe
New York City
United States
Market Cheerfulness Lifts Copper and Industrial Shares in Boston
In Boston on May 22 the market showed cheerfulness similar to late 1906 with gains in copper and industrial stocks. Amalgamated Allouez Isle Royale Pond Creek Coal Superior Copper and Osceola led advances while Calumet Hecla and Champion Copper declared large dividends. Boston Elevated fell to its lowest ever level amid potential revenue impacts from a new labor bill requiring 1500 to 1700 extra workers.
MENTIONED IN THIS ARTICLE
Boston
Amalgamated
Allouez
Isle Royale
Pond Creek Coal
Superior Copper
Osceola
Calumet & Hecla
Champion Copper
House of the
Senate
T& SF
Shan-Aziz
West T& Tés
Aace
Ag Chem
Piano Co
Arizona
Butte Ballak
Co Valley
Nevada Co
Corey Neal
Ex dividend totals for securities and rights
Total sales include 11 617 shares and 42 000 in bonds with 15 781 rights. The note records the ex dividend status affecting these holdings.
Boston curb market shows mixed metal price moves
Traders reported an active session with Mexican Metals rising from 71 to 78 cents and Calaveras at 344, a multi month high. United Verde Extension fell from 75 to 68 cents, Butte Central slipped to 134, while Butte & London and Davis Daly posted minor changes as fluctuations continued.
MENTIONED IN THIS ARTICLE
Davis Daly
Calaveras
Butte & London
Butte Central
Eagle & Blue Bell
United Verde Extension
United Verde
Bay State Gas
Boston Ely
Butte Central Aeenene
Button & London
Arizona
Lion Hill
Majestic
Nevada Pe
Nevada
Oneco
Soh Sen Brat Ae
Cotton Markets Rise on Sold Out Demand and Good Weather
The cotton market climbed today as a sold out condition pushed up prices to the highest levels in weeks. Weather is generally favorable with cool temperatures and high humidity noted in Texas.
MENTIONED IN THIS ARTICLE
Texas
Philadelphia Market Briefs and Bid Bests
Market notes list railroads steel asphalt coal and electric items with bids asks and prices. Stocks include Cambria Steel Con Tr of NJ Lehigh Nav and Pa Steel with fluctuating quotations. Transportation lines Phila Rap Tr Phila Traction and Union Gas are shown with price leads and percent changes.
MENTIONED IN THIS ARTICLE
Am Railways
Cambria Steel Con Tr
Free Star Bat
Lehigh Nav
Lehigh Wy
Pa Steel
Penn Salt
Phila Co
Mid
Phila Traction
Yachts and Boats for Sale and Stables to Let
25 ft motor boat for sale with 7 ft beam and small gauge engine. Seller Hugo at 74 Beacham Street Everett. Motors boats safes and machines moved. Bowen at 2 Bowker corner Cutbury. Horses and carriages rates listed. Stable to let in East Cambridge with 19 stalls electric lights 39 Hartford Street Boston.
MENTIONED IN THIS ARTICLE
Sh. P. Eng
G. VY. Hugo
Beacham St
Everett
Ee Oteen
C. Bowen
Bowker
Cutbury
Cambridge
Libby & C Co
Hartford St
Boston
Family Troubles Advice Free Seeks Help in Court
Lawyer Hil. J. offers free advice on family troubles. Skilful guidance described as calm and effective. Mass. courts referenced as the arena with forty years of practice claimed. Attorney contact listed at 47 Court St Boston.
MENTIONED IN THIS ARTICLE
Mass
Courte
Hil.j
Court St
Boston
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State Street
Bank of England
Bank of France
London
Atchison Generals
Baltimore & Ohio
Chicago, Milwaukee & St. Paul
Chicago, Burlington & Quincy
Louisville & Nashville Unified
New York Central
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The
Iron Trade Review
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Brooklyn Rapid Transit
St. Paul
EL H & Power Ie Norf &W
Southern
Ry “Ss
Sica
Tessa Gooy
Seeere
Mevdoss Tol St
L & West
Elec of
Tr Coctis
Jose
Pacific Coast
Pacific T
C& Ie
Penn
CRI& P
Nyc
Belin & S
Col & So
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Trust Co
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Eeee
Ceesee
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Tenes Balt& O
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Ween
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Eee
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Smelt &R
Smelt & K Pf
Tel & Tel
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Ohio
Bly
Beth Stee
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Case J I Co
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China Co
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Col
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South Ry
Studebaker
the Texas Co
Sol L& W
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Woolworth
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H. L. Nason & CO
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J. W. Abbott
Burroughs
Melville Ave
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le Co
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