Dollar May Supplant Sterling Exchange Bill
Bank of Montreal chief expects next move in Anglo French loan to be via New York finance credits, with sterling bills possibly replaced by dollar bills if credit or gold supplies fail. Exports rise, gold inflow surges, and British French bond offerings draw investor interest amid war era finance shifts.
MENTIONED IN THIS ARTICLE
Emory R. Johnson
University of Pennsylvania
Johnson
G. C. Selden
New York
Pittsburgh
Guggenheim
General Gas & Electric Southern Railway
Seaboard Air Line
Frederick Lownhaupt
Frederick Williams-Taylor
Bank of Montreal
London
United States
Italy
Federal Reserve Board
Great Britain
France
United Kingdom
Great Britain and Ireland
French Republic
New York City
Market Trend Uncertain After Mixed New York Boston Day
Market activity shows total sales in New York 910700 shares and Boston 31531 shares with Steel leading in New York at 125500 and Am Zinc in Boston at 2925. For year to date, New York has 131649100 and Boston 9174633 shares. year ago totals were 46500900 in New York and 3268807 in Boston. Bethlehem Steel posts the largest New York gain to 529 from 373, while Liggett & Meyer drops to 245 from 5. In Boston American Agri Chem rises to 69 1 4 from 13 4 as Wolverine falls to 58, with Boston & Albany at 183 and Old Colony R R at 148.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Bethlehem Steel
Liggett & Meyer
Am. Agri. Chem
Wolverine
Boston & Albany
Old Colony R. R
New York Market Drifts Amid War Shares and Rail Strength
The New York market shows no major new features with war shares leading and rails showing latent strength. Bethlehem Steel hits a new high at 529 a share, Studebaker and American Woolen move higher, and metal and fertilizer counters gain. United States Steel leads activity, while revised demand for pig iron and raw materials supports the market before a dull close. Total volume 920,000 shares. bonds firm in diversified dealings.
MENTIONED IN THIS ARTICLE
New York
Bethlehem Steel
Studebaker
American Woolen
American Locomotive
Baldwin Locomotive
American Car & Foundry
Lackawanna Steel
United States Industrial Alcohol
Distillers
Inspiration
Anaconda
Westinghouse
General Electric
New York Air Brake
Consolidated Gas
United States Steel
Russia
Copper market steadies amid wait seen for moves
Boston traders report a moderate day with copper producers delaying decisions and Osceola and Ahmeek cited for late dividend declarations. North Butte explosion on the surface kills 14, damages put at about 80,000 dollars as stocks dip and Woolen shares gain on demand. Ray-Hercules stock issue oversubscribed. Maine Central plans 3 million non voting preferred stock and 7 million bonds as part of debt retirement plan.
MENTIONED IN THIS ARTICLE
Boston
Calumet & Hecla
Osceola
Ahmeek
North Butte
Sorenska
New York
Philadelphia
Ray-Hercules Copper Company
Maine Central
Maine Railways
Money Markets Oct 20 Report Wide Rate Range
Current quotations show call loans at 3 percent for brokers and outside brokers, 4 to 6 percent for commercial loans, 4 to 6 percent for collateral loans, and 3 to 4 percent for commercial paper. Year money stands at 4 percent. New York bar silver at 49 1 2 and Mexican dollars at 0.45. Clearing house and exchange figures indicate gains for New York banks on Sub-Treasury operations and a dull foreign exchange market with guilders strongest. Sterling cables at 4.684 and demand 4.68, francs 5.87, marks 82 1 2, guilders 4 11 4, lire 6.59.
MENTIONED IN THIS ARTICLE
New York
Boston Reserve Bank
Sona Ie Eccie
Boston
Erceesess
Treasury
BelenCak
Las Dade
Cww
Nipis sing Mines Declares Dividend and Reports Assets
Nipis sing Mines Company paid a $300 000 dividend yesterday bringing total dividends since July 20, 1904 to $13 440 000, more than twice its $6 000 000 capital stock. Reported assets include cash in bank $772 656 bullion in transit $183 200 ore on hand and in process plus bullion ready for shipment $513 418 total quick assets $1 469 174.
MENTIONED IN THIS ARTICLE
Ray-Hercules Copper Company
Tucker, Haves & Bartholomew
Arizona Hercules Copper Company
Ray-Mercules Company
Ray Mining
Arizona
Ray Consolidated
Henry Krumb
Ray Consolidated and
Inspiration Properties
Ray and
Inspiration
Krumb
Nipissing Mines Company
Also Mentioned on This Page
J. P. Morgan & Co
Wall Street
Bessemer Iron
Pittsburg
Iron Trade Review
Distillers Securities Corporation
W. H. Kiernan
Boar
A. W. Hansell
H. J. M. Cardesea
Crawford Livingstem
Common & Preferred
Exchange Place
Megarges & Co
New York Stock Exchange
Congress St. Boston
Pine St
Richard J. Burton & CO. Stock Brokers
Scollay Bildy
Court Street
Trinity
Devonshire Street
Chicago
Smallwood
Jones & Baker Stock Brokers
Fort Hill
General Motors
New York Market
New York Sts
Alaska
Am Smelt & R
Am Smelt & R Pf
Boe
Am Steel
Wool Ct
Ease
At&se
At& SF
Ohio
Beth Steel Ee
Beth Cee, Pf
Bklyn R T Seeee
Butte & Orem
Butterick
Burns Bros. Paesee
Cal Pet Corp
Cal Pet Corp Pf
Can Pacific
Ches & Ohio
Cam Cris P Ry
C&s
Col South
Crucible Steel
Cub Am Sug Co
Desm & Ft D
Det Edison Co
Erie
Ich BF Co
Tim Ex Co
Ins Cop Co
Inter Corp
Int Harvester
Harvef Eeaeee
Ige Co
Lei ”Ch Valley
Ligsett & Mey
Pf. Ee Acceus
Pas Slears
It Ree Co
R&s Seasrave
Nevada
NC &Sl
Southern
United Kingdom OF Great Britain and Ireland
Brown Brothers & Co
Curtis & Sanger
R. L. Day & Co
Estabrook & Co
Halsey & Co., Inc
N. W. Harris & Co., Inc
Hayden, Stone & Co
Hornblower & Weeks
Jackson & Curtis Kidder, Peabody & Co
Lee, Higginson & Co
A. B. Leach & Co
Merrill, Oldham & Co
F. S. Moseley & Co
Millett, Roe & Hagen
Moors & Cabot Paine, Webber & Co
Parkinson & Burr
Wm. A. Read & Co
E. H. Rollins & Sons
Stone & Webster
Tucker, Anthony & Co
Townsend, Anthony & Tyson
Spencer Trask & Co
H. C. Wainwright & Co
White, Weld & Co
Boston Stocks
People’s Gas
Ifss
Philadel Co
Pitts Coal
Pitts
Rumely Co
St Lou & Sn
Sears-Roebuck
Porto
Stas Mill
Texas Pacific
The
Texas Co
Third Ave
Hein Pacific
Union Pae Pf
United Cigar Seta
UN Cig
U Dry Goods
Uscip&f
U S Steel
Utah Co
Va Carene
Ir C&c
Butte& NY
C & Fay
Carbon Teel
Car L & Pow
Chile Coy
Crocker
Dom Steel
Driggs
Nat Cop
Goldfield
Guan Sugar
Hendee
Houston
Mer
Mar
Inter Motorsade
Inter Pet
Oeeek
Lake Aia
Usl&h
Pierce Oil
N. W. Halsey Co
State of Tennessee Bonds
Booston Stock Exchange
NY & H
Pond Creek
Swift & Co
Adventure
Alcomah
Allouez
Ag Chem
Am Ag Ch
Pneu Pt
Sucar
Tel & Tel
Amos
Bos & Maine
Cal & Arizona
Cal & Hecla
Centennial
Chino
Daly
East Butte
Edison
Ny&n
Old Colony RR
Pond Ork Coal
Santa Fe Ose
St Mary's
South Lake Hi
Southern Ry
South Utah
Superior
Sup & Bossaeee
Trinity Srw
Tuolumne
United Fruit
U S
US Steel
Utah Apex
Utah Consol
Utah Cop Co
Ventura
Chile
Cortez
Davis-Daly
First National
Essene
Germany
Gold Lake
Humboldt
Majestic
McKin-Dar
Uslt& Heat
Utah
Bay State Gas
National Zinc
Champion
Utah Metals
Boston Ely
Boston & Mont
Butte & London
Calaveras
I Il
Money Markets
Eeee
Oeseens
New Orleans
Teen Geens
Penne Eee
Liverpool
Prev
High
High Point
Ecor
Low Point
Aes
Halsey & Co. Incorporated
Congress St
N. W. Halsey & Co
San Francisco
Brady & CO
Edward E. Epps & CO
Broad Street
Amer. Vot
MACH
Temple H, Fay & CO
State St
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