Reading Market Surges as Reading Leads Advance
Reading led a broad stock rally with a strong intraday rise while other shares retreated. Banks faced heavy cash outflows and call money spiked to 9 percent as traders weighed money conditions and potential federal action.
BOSTON CURB MARKET BUCKS Utah Copper leads active day
Trading on the Utah-Apex curb showed strong interest with nearly 14 000 shares changing hands. Sellers included Buss and Griffith while Towle Fitzgerald and Hayden Stone Co bought. Utah Copper rose amid prominent buying, with several issues quoted across mining stocks on the Exchange.
MENTIONED IN THIS ARTICLE
Boston Consolidated
Michigan
Bingham
New York
North Butte
Utah Consolidated
Greene Consolidated
Utah-Apex
Exchange Place
Buss
Griffith
Towle & Fitzgerald
Hayden, Stone & Co
Utah- Apex
Nevada Consolidated
Utah Copper
State Street
Boston Market Ex-Dividend and Instalment Notes
The Boston Market reports ex-dividend status and second instalment paid. Mentions total sales with listed stocks totaling 35 780 shares, bonds at 53 500, and unlisted stocks 21 911 shares.
MENTIONED IN THIS ARTICLE
aEx
bSecond
New York Bonds Close Prices Across Markets
Closing bond prices from New York show varied moves vs Monday across US, Japanese, and international issues with multiple 4s and 5s notes, including US rf 2s near 102.7, US 4s around 104, and Japanese issues near 91.5 to 92.0. Several rails and utilities also listed with yields and conversion notes, reflecting a broad market mix.
MENTIONED IN THIS ARTICLE
Japan
Do 2d Inc
Ready’l
Do 3d Inc
Ft & O
Uo & A
St L
Sil
C.b&q
Sea A
C.ri& P
Tex Pac
Asien
T.stl
wWw
UN Pac
Cuba
U S Steel
D & RG
Wabash Ist
Erle P
Chicago grain quotations and market outlook
Ennis and Stoppani report substantial gains in wheat with bullish tone mainly for May futures. Corn stays strong as investment demand remains steady and cash corn tight in New England. Oats trend higher with subdued trade, while December wheat options show puts and calls indicating cautious sentiment.
MENTIONED IN THIS ARTICLE
Ennis & Stoppani
Chicago Board of Trade
State Mutual
Scc.aeess
Chicago
Ennis & Stoppant
New England
Dividends Payable Notices From Multiple Companies
Old Colony Trust Company pays semi annual 6 percent Navy 15. Adams Express Company declares 2 per share from earnings and 2 from investments income Dec 1. New York Philadelphia & Norfolk Railroad semi annual 4 percent extra 1 percent. Pittsburg Bessemer & Lake Erie Railroad semi annual 3 percent preferred ec 1. City Trust Company semi annual 4 percent Nov 15.
MENTIONED IN THIS ARTICLE
Old Colony Trust Company
Navy
Adams Express Company
New York, Philadelphia & Norfolk Railroad Company
Pittsburg, Bessemer & Lake Erie Railroad Company
City Trust Company
Foreword and Postscript on High Interest Securities
A financial agent boasts rapid growth by offering top tier investment securities and aims to sell stock in a dividend paying company with claims of 10 percent immediate dividends. He cites a Boston attorney’s report on assets and earnings and mocks banks for low rates while hinting at dubious securities. A postscript notes a Boston trust company recently paid an 8 percent semi annual dividend.
MENTIONED IN THIS ARTICLE
Newhouse
Boston Consolidated
Peabody
Ben Hur
Montpelier
Bingham Camp
Bingham Properties
Nordberghorst
North Butte
C. S. Smith
Old Dominion
N. J. Amster
Arizona Commercial
Globe, Ariz
SOULE
Boston
P. S
Providence
Complainants Claim Rate Discrimination by NY New Haven Route
Joseph Russell Marble of Worcester Massachusetts testified before Interstate Commerce Commissioner Prouty in Cleveland. He said withdrawal of pro rata for petroleum by the New York New Haven and Hartford Railroad has hurt his oil trade, though he noted Standard Oil did not receive better treatment. The Cleveland firm Fred S. Clark Company and the Waverly Oil Company of Pittsburg allege railroad favoritism toward Standard Oil. Marble cited long trouble obtaining freight-rate estimates for petroleum on that line.
MENTIONED IN THIS ARTICLE
Cleveland, O
Prouty
Interstate Commerce Commission
Cleveland
Pittsburg
New York, New Haven & Hartford Railroad
Joseph Russell
Worcester
Mass
New York, New Haven & Hartford
Standard Oil Company
Fred S. Clark Company
Waverly Oil Company
Marble
Heavy Break In Cotton Follows Ginning Report
A sharp market drop appeared after the ginners' report showed 6,483,646 bales ginned to Nov 1. January fell from 11.40 to 11.05 while March declined from 11.60 to 11.25, then recovered to close 7 to 10 points above the day’s low.
MENTIONED IN THIS ARTICLE
New York
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Wall Street
Reading
Sub-Treasury
New Orleans
St. Louis
Missouri Pacific
St. Paul
New_York
Ewer Eweseeeer
Hearst
M. Witte
Shaw
Metropolitan Street Railway
Brooklyn Rapid Transit
Metropolitan
Union Pacific
Pennsylvania
Steel
American Locomotive
Granby Copper Company
British Columbia
Clifton
New England & Clifton Copper Company
Shannon
Arizona Copper Company
Metcalfe
Utah Consolidated Concentrator
Mass Consolidated Mine
Lawrence
Bond & Goodwin
Troy
N. Y
Harriman & Co
W. J. Hayes & Sons
Salt Lake
United States Supreme Court
Kempton
Marshall
United States Court
K. A. Wall
United States Mining Company
Irving J. Sturgis
Gay & Sture
Lake Superior
Butte
North Butt
Amalgamated Copper
Amer Car & Foundry
Eeee
Eee
Amer &Cotton Ol
Amer Express
Ener
Amer Hide & Sea
Amer Ice
Amer
Amer Smelting
Amer Sugar
Amer Tobacco
Atchison
Baltimore & Ohio
Brooklyn
Canadian Pacific
Central of
Chesapeake & Ohio
Chicago & Altonec
Chicago Great Western
Chicago & Northwestern
Mil & St Paul
Colorado Fuel & Iron
Colorado & Southern
Delaware & Wadson
Delaware, Lack & West
Denver & Rilo Grande Zoo Ool
Distillers Securities
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Iowa Central
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Mexico
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Ont & West
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CC & St I
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Rock Island Co
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St Louis & SF
St Louis Southwestern
Southern Pacific
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Tex & Pacific
Viie Pacific
Ss Steel
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Union See
Wisconsin Central
Alis
Curtis
Sederquist
Bankers
New York Consolidated Stock Exchange
B. R.T
Pressed Steel Car
Amalgamated
Congress St
Broadway
Broad ST
N.Y
Consolidated Stock Exchange
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Beverly R. Wood
Mgr
Aia i
Mining and Stock Exchange
Bald Butte
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International Rotary
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Utah
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American Rotary
Greene Gold
Essen
Junction Minin
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Cray-Manhattan
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Joe Ceoees
Bell Tel Ds
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A. T&s F
B& Q Joint
D. Gre«& W
Ill Steel
IK CO
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Willard Massey
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Washington St
C. F. King Journal
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Marie Rogers
Anna Belmont
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Martha Haberman
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the Mouse
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COLONIAL_THEATRE Mats
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Eng
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Mer
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Babes IN Toyland
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antzZic
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GLOBE
E. D
Johnny Emma AY
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Afat
Stair
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Irish Ladies’ Choir OF
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Tyrolean Alps
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Calve
Twoviel Reottals
Marie Hall
Iong Hall
Bowdoin
Raffles
Frank Jones
Eesanebec
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