Phenomenal Advance in Detroit United Rail stock
Detroit United Railway led the market with a dramatic rise, trading up to 80% and selling over 1000 shares as buyers pursued a broad run on related issues. Street Railway and Gas and Electric held gains while overall sentiment stayed strong amid earnings news and dividend declarations from the May period.
MENTIONED IN THIS ARTICLE
Detroit United Railway
Detroit
Detroit United
Stock Exchange
Street Gossip and Market Comments
Rumors of a potential bituminous strike on the N and W and Co and O roads circulate. Atchison declares a regular semi annual dividend of 2 percent on preferred stock. Market activity remains dull and steady with little borrowing demand. Sugar ex dividend Friday. Canadian Pacific dividend seen at 3 percent with a 1 percent bonus from the land sales fund. May earnings rise for Chicago and Eastern Illinois and Hocking Valley. figures show gains. Investment contest invites 1,490 chances to win a prize.
New York Bond Sales Summary of Various Issues
A dense list of bond offerings and prices from Feder, Holzman & Co. notes. Includes Atchison 4s, B&O 4s, C&O 4s, Chesapeake joint bonds, Pittsburgh, Fort Worth, Union Trust, and many railroad and utility issues with par values and gross totals around 2.7 million dollars.
MENTIONED IN THIS ARTICLE
Atchison
sfLeh
Atch. Adj
B.& Ook Ld
B. & O. Swn.div.c
F. R Can
Col. & So
Brook. UN
Inc
N. J
Fes
Pac
Pac. Co. el
Peele L, & N. UN
Penn
Love
Ry. Pd
N. Col
Zo Union Trust
Tex
So. Ry
St. L
Wall Street Review Reflects Narrow Trading Amid Coal Strike Concerns
The New York stock market remained in a narrow trading range with small losses caused by light selling. Investors weighed coal industry disruptions from pump shutdowns and labor strikes, while steel and railroad stocks showed mixed moves. The Weather Bureau frost damage and favorable cotton outlook influenced sentiment as bonds and currencies showed modest activity.
MENTIONED IN THIS ARTICLE
New York
Chicago
Seven States
United States Steel
Weather Bureau
Kansas & Texas
Texas & St. Louis Southwestern
Southern Railway
Canadian Pacific
Continental Tobacco Preferred
Consolidated Tobacco Bonsis
Detroit
United Railways
Peeve Coe Ve
Nng
Adva
United States
Quotations on Local Securities
Market notes show varied bids and asks across railroads bonds and miscellaneous stocks. Cincinnati and Hamilton County bonds and Covington Newport issues list prices and yields amid a dull regional trading day.
MENTIONED IN THIS ARTICLE
National
Security Eureka
Cincinnati
Hamilton County
London Stocks and Commodities Report Dated June 4
Closing prices list a wide range of securities with mixed results led by Con sols and major rails. Bar silver holds steady while money and discounts ease amid dividend payments and a subdued stock change market. Americans show irregular trends as high-class securities ease on weak traffic. overall brisk demand for money and increased open-market supply noted.
MENTIONED IN THIS ARTICLE
London
Anaconda
Atchison
Baltimore & Ohio
Canadian Pacific
Goosapeake & Ohio
Chicago
Louisville & Nashville
Missouri
Kansas & Texas
New York Central
Norfolk & Western
Ontario & Western
Pennsylvania
Reading
Southern Railway
Southern Pacific
Union Pacific
United States Steel
Wabash
Spanish
Rand Mines
de Beers
Cincinnati Markets and New York Stocks Summary
June 4 192 New York market receipts and shipments show diverse commodities led by apples hogs bananas lemons and butter. Grain and flour stocks with corn oats and rye supply data missing details while various breads, meats, dairy, and produce await price clarity.
MENTIONED IN THIS ARTICLE
Chicago
Zencerny
Minneapolis
Bos Okaeds
New York
Baltimore
Philadelphia
Toledo
Milwaukee
Duluth
St. Louis
Peoria
Cincinnati
Oil market notes from multiple ports dated June 4
Oil City reports credit balances and shipments with 93 113 barrels and averages of 9 960 per barrel while Wilmington shows turpentine and rosin prices firm with crude turpentine at 1 40 to 2 60 and tar at 1 45 Savannah lists turpentine firm at 46 3 4 percent with rosins ranging from 1 25 to 3 55 Charleston notes turpentine and rosin unchanged Toledo lists oil prices for North Lima at 8 cents and others at fractional cents
MENTIONED IN THIS ARTICLE
Oil City
Avera
Wilmington
Savannah
Charleston
Toledo
North Lima
South
Lima
Indiana
Financial markets report steady call money and firm bonds
From New York and Boston on June 4 the money market showed call money steady at 2.25 percent with bids 2 to 3 percent and mercantile paper at 4 percent. Sterling exchange firm with bankers bills around 4.875 for demand and 4.855 for sixty days. Government bonds firm. rail road bonds irregular. Boston closing prices list call loans 3 to 4.5 percent and various bond and stock prices including Atchison 4s at 102.5 and Mexican Central around 48 81, with several rail and utility issues trading amid mixed activity.
MENTIONED IN THIS ARTICLE
Taasnots
Ees
Paris
New York
Sterling Exchange
MOA
Baan Des Sa Sind
Secea Aoe
Prime Mercantile
Boston
Atchison
Gas First
Mexican Central
New England Gas and Coke
Boston& Albany
Boston & Maine
N. Y
Fitchburg
Union Pacific
American Sugar
Do Pref
American Telegraph
T “Ephone
Dominion Iron and Steel
Massachusetts Electric
United Fruit
Daly West
Market Summary From New York to London June 4
Copper and lead prices steady with London and New York quotes. Mining shares across Boston and St Louis show varied closes, Adams Con to Osceola and Parrott notable. Warrants listed for Northern and Southern foundries. foreign markets generally steady with Glasgow and Middlesboro rates.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Colorado Springs
Battle Mountain
Doctor
Elkton
Isabella
Portland
Vindicators
Work
Calera
Edsall, Key & Co
New York
London
Northern
Southern
Southern Soft
Glasgow
Middlesboro
Adams
Alice
Breece
Brunswick
Comstock Tunnel
Con. Cal
Deadwood
Iron
Leadville
Little Chief
Ontario
Ophir
Phenix
Potosi
Savage
Sierra Nevada
Small
Hopes
Standard
Boston
Adventure
Allouez
Amalgamated
Bingham
Calumet & Hecla
Centennial
Dominion Coal
Frankin
Isle Royale
Mohawk
Old Dominion
Osceola
Parrott
Quincy
Santa Fe Copper
Tamarack
Trinity
United States
Utah
Victoria
Winona
Wolverine
United Copper
ST. Louis
Treasury balance report shows cash and gold reserves
The Treasury balance in the general fund shows available cash of 196,339,909 dollars and gold reserves of 96,488,615 dollars, excluding the 160,000,000 dollar gold reserve in the redemption division.
MENTIONED IN THIS ARTICLE
Washington
Treasury
General Fund
Dry goods market holds steady with fall print price cuts
New York on June 4 reports minimal change in the dry goods market. Fall prints have seen light price reductions aimed at sparking autumn trade, while aside from these adjustments, no major developments are noted.
MENTIONED IN THIS ARTICLE
New York
Also Mentioned on This Page
Safe Investments
Norwood
Evafiston
North Baltimore
Nares
Ees Ried
SEIU
de Ge
MOD Minor Sten U Cel
Hich
Uwaseokex Cu Sleiee Tq
Breyor
Ccvinensiossnostuata Pide
Ian
SRG
York
Wena A
D. Street
Edit
St. Ry
Eghepassenna
Kroger Preferrae
Cin
Toledo B.G. Co.i
Columbus One Co
Detroit United Ry
New York Exchange
Atchison Preferred
Hocking Valley
Chicago & Eastern Illinois
Feder, Holzman & Co
U. P
West
West Shore
Wis
Wall Street Review
W. R. Todd & Co
BA ‘ Investment Bonds
Walnut Street
Claude Ashbrook
Bonds
Sonanaain
Goa
Walnut ST
Isihaze
O’dell Commission
East Third Street
Local & Eastern
Johnn W. Ballmann
Cincinnati Consolidated
S. Kuhn & Sons
New Orleans
Texas Pacific Railway Company,celles' Et
Cumulatio Preferred Stock
Brokers and Dealers
East Third St
THE
Maltby-Horrnaday CO
Bankers and Brokers
Union Trust
Ohio
John Shillito
Beazell
Thomas
Third St
W. E. Hutton & CO
the American Audit Co
American Audit GO. OF Cincinnati (Incorporated
Public Accountants
Spencer Trask & Co
Pine Street
New York Stock Exchange
Great Western Investment and Development Company
Messrs. Campbell & Morton
Union Trust Building
E. Snodgrass
Great Western Investment and Development Co
Carterville
Joplin
Cnt
John C Wurst
W. H. Dunham
Ww. H. Burtner
R. B. Peack
Ss. L. Snodgrass
WM. Aufderheide
Baker-Vawter CO
Atlantic
Skycraper
Baldwin Piano
D. BH. Baldwin & Co
W. Fourth St
East Ss
Little Miami
N.C
T.P
Col. & Xenia
Eries
Ontarios
Toob.Co
A.jergens
O. Truss Pr
Ieee
Atlas
N’l Lafayette
Far.& T
Cen.t& Sdco
Clif
Avon
Clifton
KIC. H. Rebuild
C.H. Rebuild
S.R
W. W
Mont
Covington and Newport Bonds
St.Im
Ibig
Securities
Berlin
M. Rouvier
Council of Foreign Bondholders
Sesnovice
Thomson-Houstons
Ohio Val
Equit
City Hall
Union Sav
First N't
Cin. Trust
Tracti C
Col
Teelephone
Globe-W. Pr
Shillito
Hooven, Owens ' & R
Ns Cham. Paper
Ohio Flats
N.Y
Schweitzer
Limburger
Wevese
Fruits and Vegetables
N.orleans
Paocy
Louisville
Mobile
Virginia
N’r.w
Tr’k
Timothy
Sneer Xtra
Brki
George Eustis Co
Fast
Third Street
Erie
Kan. C. & So
Manhattan
Northwestern
Rock Island
St. Paul
Texas Pacific
Car & F
Col & I
Geneee
Union Oe
W. B. Carpenter CO
Anderson & Powell
United States Printing Co
E. Third St
Indianapolis
General Mortgage
Union Savings Bank and Trust CO
NAT. Bank
Tie Central Trust
East
Aly Ishy
Kroger Grocery & Baking Co
H. V. Quackinbush
Boehm & Co
United States Steel & Go
Westinghouse Common
Peceiaes
Roberts & Hall
OWS
Borden
Wiilic
British Columbia
Dominion Securities
Che
Hackensack Endows - Il Havana
Montreal
Nat. Enamel & Dig
Louis Transit
Seabeard Air
N. Elec, Veh
Tr’s
Northern Securities Co
Tennessee
U. Ry
Uviva Co
Treasury Statement