Financial Markets Show Mixed Stock And Bond Activity
Market report shows stock transactions with large volume totals and changes in bond quotations. Money rates for collateral loans range from 4 1/2 to 6 months with varying commissions. commercial paper is 60 to 90 days. Net stock changes include gains and losses, with long term bonds influenced by year to date comparisons.
Market Reverses Panic With Gains As Banks Predict Betterment
Markets opened with aggressive liquidation and panicky selling driven by exhausted margins and stop loss orders. Yet by close, declines subsided and gains appeared as large buyers and major financial institutions absorbed selling, with bankers forecasting improvement and bank rate stability ahead.
Favoraell Developments Prompt Market Talk
The article notes a rash of favorable market developments and rising trading activity. It mentions influences from banks and money markets, with tighter liquidity and reports of growing consolidation among investors and banks. Further, it references a Venezuelan arbitration proposal and optimism about the winter wheat crop amid expectations of market liquidations.
MENTIONED IN THIS ARTICLE
Mos
Ste
Union Pacific
Market Position Shifts as Opposed Operators Turn Bullish
After yesterday's close, several prominent market players who had opposed the market began advising friends to buy stocks for substantial profit. The interests previously bearish on the money situation now believe relief is at hand and have changed their stance.
MENTIONED IN THIS ARTICLE
Tnhaes
American Grass wine Company Cuts Dividend After Dec 8 Vote
Wall Street reacted to the company announcing it rescinded a Dec 8 action that set a 4 percent quarterly dividend for the last quarter and instead declared a 0.25 percent dividend leaving 1 percent for the year. Secretary Howland cited need for larger working capital and stockholder pressure amid the money market as reasons. The stock fell about three points on the exchange after the notice.
MENTIONED IN THIS ARTICLE
Wall Street
American Grass Wine Company
Co. Howland
Stock Exchange
Movements of Currency This Week by Dow Jones & Co
The report shows banks lost 2 426 700 this week while interiors sent 5 721 800 and 2 778 500 returned, including 400 000 to San Francisco and 150 000 to New Orleans. Interior gain 2 743 300. new gold 56 2000 total, with 920 400 on New York assays and 26 500 on Seattle assays. Sub Treasury operations loss 5 126 900, total Sub Treasury and gold export loss 65 126 000, net loss 2 426 700 after interior and new gold gains. Currency inflow from interior indicates high rates drawing funds west and south weeks early. Sub Treasury loss fell versus last week. imports duties 3 536 200 for the week.
MENTIONED IN THIS ARTICLE
Messrs. Dow, Jones & Co
Interior
Sub-Treasury
San Francisco
New Orleans
New York
Seattle
Argentina
Customs
Internal Revenue
Redemption Fund
Bond Market Shows Strength Amid Stock Slump
One of the day’s best signs was a strong, active bond market with brokers executing all orders. The Street pointed to this as evidence of investor confidence and ample purchasing funds.
Trade Developments Signal Mixed US Commerce in Late Year
Bradstreet reports retail trade boosted by cold weather and holidays while wholesale and building sectors slow seasonally. Rail earnings rise 7.2 percent year over year amid grain and product traffic, but car shortages hinder wheat, iron, coke, coal, and lumber movements. Civic Federation meeting eyes amicable labor capital accords as industrial peace appears likely. Lower temperatures spur retail sales while wholesale activity remains quiet and bank clearings vary by city.
MENTIONED IN THIS ARTICLE
Bradstreet’s
Pennsylvania
Dan's
Civic Federation
Pennsylvania Railway
Canadian Trade Brightens Across Major Cities
Canadian trade advices to Dan's Review say cold weather boosted retail activity in Halifax with strong holiday demand. Winter sailings began well, Quebec sees growth from snow, Montreal wholesale slows seasonally, Toronto lists active seasonable lines, Winnipeg and Vancouver show improving payments and brisk retail.
MENTIONED IN THIS ARTICLE
Dan
Halifax
John
Quebec
Montreal
Toronto
Winnipeg
Vancouver
Victoria
Solvay Process Company forms for coke by products
Syracuse dispatches report the Solvay Process Company organizing with 2 million dollars capital to manufacture coke and gas by products. Other notes mention a Central Trust and Savings Company planned in Philadelphia and readjustment talks for the Chicago Union Traction Company finances.
MENTIONED IN THIS ARTICLE
Syracuse
N. Y
Solvay Process Company
The
Central Trust and Savings Company
Philadelphia
Chicago
Chicago Union Traction Company
Money on call and mercantile rates in early market report
Money on call at 4 to 12 percent, time money at 6 percent for all periods. Mercantile paper at 6 percent for 60 to 90 days. Clearing House reports exchanges $216,025,904 and balances $9,735,598 with a $524,351 debit at Sub-Treasury. London money on call 3 percent. Foreign exchange weaker with posted rates $4.84 for sixty days and $4.85 for demand. Domestic exchange: Chicago premium 25 cents, Boston discount, New Orleans commercial discount, San Francisco sight par.
MENTIONED IN THIS ARTICLE
Mercantile
Treasury
London
Prancs
Reichsmarks
Guilders
New York
Chicago
Boston
New Orleans
Charleston
Savannah
San Francisco
New York Times
Sterling Exchange
Dominion Steel
Montreal
Atchison Ee Ee
Atchison Pf
Boston & Aine cc Leabe
Boston Elevated
Fitchburg Pf
Maine Central
Mass
Pere. Marquette
Union Pacific
Union Pacific Pf
West End Pf
American ahtieGtire
Tameopican Sud
Cumberland Eeeeeeesaeas
Esccvesevenses
Vantan Es
Ami Ag Chem
In - Am
Chen
Pneu
Dom._I. severeeeeere
AGS
Edison
Secre
General Electric
Gas
Eeeeseseeere
Mass. Gas
Eseseeese
Beewe
Merrimac
Eeseeeses
Pullman
Seattle Elec
Swift
P Pe
United Fruit
United States Steel
Westinghouse
Iyo Mining
Adventure
Essee
Allouez
Amalgamated
Atiaanlc
Ceereves
Bingham
Franklin
Guanajuato
Isle Royale
Michigan
Mont
Cseers
Dod
Old Colony
Cseseeess
Mtlee
Old Dominion
Ceses
Oscooia
Parrot Eevnvess Besesecs
Lula
Quincy Sae
Eeeser Arte
London Market Shows Mixed Wall Street Effects
The Times notes a fairly active money market with steady discounts and a small stock exchange turnover due to Wall Street weakness. Prices fell generally, Kafirs held parity with Paris support, and American rails declined on renewed U.S. money stringency. Closing quotes show varied, with Consols steady to flat and a broad roll of bond and stock prices listed.
MENTIONED IN THIS ARTICLE
London
the Times
Stock Exchange
Wall Street
United States
Paris
Associated Press
New York
Atchison
Topeka
Santa Fé
Canadian Pacific
Erie
Southern Pacific
Union Pacific
Rio Tintos
Anaconda
Baltimore and Ohio
Chesapeake and Ohio
Chicago Great Western
Chicago
Milwaukee
St. Paul
de Beers
Denver
Illo Grande
Rio Grande
Illinois Central
Louisville and Nashville
Missouri
Kansas
Texas
New York Central
Norfolk and Western
Ontario and Western
Pennsylvania
Rand
Reading
Southern Railway
United States Steel
Wabash
Buenos Ayres
Madrid
Liso
Bon
Global Market Drift as New York Advices Weigh on Stocks
Paris and Berlin stock activity shows prices easing on option news and Venezuelan tension. In Paris, shares pared gains then weakened as offers rose and activity faded. Rio Tinto and Kafir markets fluctuated with few realizations. Berlin noted dull trade from New York signals, with Canadian Pacific slipping and discount rates cited.
MENTIONED IN THIS ARTICLE
Paris
New York
Rio Tintos
Kafirs
Exchange
London
Berlin
Chicago Quotations Steady After Early Market Weakness
Chicago securities opened soft with sympathy to the Eastern market. Swift’s stock led declines while Box Board and United Box Board showed mixed moves. As Wall Street rose, local quotes firmed with some recoveries, and several can and biscuit names moved on the dip and rally.
MENTIONED IN THIS ARTICLE
New York Times
Chicago
Swift
Boston
Metropolitan Elevated
Can
Street
Biscuit
Box Board
Wall Street
New York
Exchange
Hiczh. Low
J.ast. Saies. Ly
Booth Company
American Can Com.s.erees
American Can
Chicago Telephone
Chicago Pneumatic Tool
Chicago Title & Trust
Central Union Tel. Co
Lake Street
Sf Diamond Maten
Meuvepool. Elevated Com
Chicago St
Quaker Oats Pf
United Box Board
United Box Board of
Philadelphia Stocks Sink Then Rebound Amid Heavy Liquidation
The Philadelphia market opened weak and unsettled due to direct liquidation by commissions. Shares in Cambria Steel Rapid Transit United Gas and Consolidated Lake Superior fell sharply while American Railways and others declined. later, clearings reassured traders and prices rebounded with Consolidated Lake Superior preferred the notable exception after dividend rescission. Total sales reached 102,321 shares and $48,000 bonds.
MENTIONED IN THIS ARTICLE
New York Times
Philadelphia
Cambria Steel
Rapid Transit
United Gas
American Railways
de Long Hook and Eye
Pennsylvania
Philadelphia Rapid Transit
Philadelphia, Company
Union Traction
Lake Superior
American Cement
Cambria Iron
Diamond Steel Pf
Electric Co. of America
N.achenes
Lehigh Valley
Marsden
Pennsylvania R. R
TS Tou
Philadelphia Traction
Philadelphia Electric
de Philadelphia Co
Philadelphia Rapid T
Newentsu
Susquehanna Steel
Union Pacific
United Com
N. J
S. Steel
Bay State Gas
British Columbia
Champion Oil
Gold Hill Copper
Greene Con
Hackensack Meadows
Manhattan Transit
Mont
Boston Copper
National Enameling
National Enameling Pf
N. Y
Transportation
Am, Lum. & Pulp
N. Securities
Northern Eee
Pac. Pack, & Nav
Royal Baking Pow
Seaboard Air Line Pf
Standard Oil
Syracuse Lighting
Union Copper
United Copper
Weweee
Saies High
Chi
Ind. & Louis
Distil Francisco
Trading in Baltimore Special Market Report
The Baltimore market eased slightly not matching New York’s downturn with few issues moving. Seaboard and Atlantic Coast Line dipped due to New York links while bond activity remained. Trading totaled 462 stock shares and $68,000 in bonds with mixed quotes across several rail and utility issues.
MENTIONED IN THIS ARTICLE
New York Times
Baltimore
New York
Seaboards
Atlantic Coast Line
Seaboard By. Com
Seaboard Ry. Pf
Atlantic Coast L. Rgts
Bay
UNION
Howard Bank
Geo. South
Fla
Seab
Roanoke
W. Wa
Ines
Ry & EL
Ceee
Consol
City
Outside Securities Leads Stock Market Rally Amid Declines
In early trading the outside market saw sharper downturns than the prior days but soon rallied with Northern Securities leading. Afternoon strength followed in the Stock Exchange with renewed pool support and a close near a four point gain from midmorning levels. Subscriptions in Street Railway and Am. Barrel both showed activity while distilling bonds and dry goods imports reflected shifting demand.
MENTIONED IN THIS ARTICLE
Stock Exchange
San Francisco Street Railway
New York Stock Exchange Closing Quotations for Government Bonds
Closing quotations for government bonds and stocks show no transactions in several lines. Bid and asked figures are listed for multiple issues including 1st mortgage bonds, pf holdings, and various railroad and utility stocks with mixed results and numerous outlays across sectors.
Also Mentioned on This Page
the Financial Markets
Tocks
Stock Transactions
Feta Ps Alee
Sasau
Aes Ee
Bond Transac
A. Dees Wwe
Amal
Kan
K & Ts
Creton OF
Nui
Alt
Ohio
Pacific Coast
Panaeen
Het & Hudson
Ae & Union- Pacific
Fivans. & T Fitet
Nie
Pacific
Vi Electric
Ives. Invest
General
U, S Realty
North
Sassia By
Hocking Valley
la Realty
Mlinois” Centra Sneer
S. Thubber
Iowa Central
Sv Strel Ph
Towa
Central
Wabash PT
Eesese
Manhattan
Westinghouse O
Mexican Central
St. P
Oowie Erie & West
Allis-Chal
Car & F S
Long Island Wan
Minn. &Sr. Viscuit
Ae Drake
St. L
Locomotive
Maling Pf
Smelt
Pees
Harlem
Pacific Mail
Pere Marquette
Rep. Steel
Caer
Southern
L. & Pees
Detroit
Detroit South
Pumphan
Col Ee Cony. Mo
KK. ST of T
San A, & A
St. -L
St. de
Vis
Seaboard A. L
2D Inc
Pacific Ua
Venezuela
Favoraell Developments
Trade Developments
Canadian Trade
Birmingham
Alabama
Toledo
Pittsboro
Khoego
Martcane
Pittsburg and Allegheny, Pia
Public Trust Company of Priebtre
York
Mechanic No
Ie Acme Harter Company
Memphis
Clarksburg
West Va
Ottes Creek Coal and Lumber Company
Tucker County
Money and Exchange
London Market
London Times
Boston Stock Market
Ittsburg
Tsburg
Dee
Philadelphia Co
Pittsburg Coal
River Coal
Peers
Steel
Westinghie Brake
Elec
Soweveelw
Ally. Trust
American Trust
Fed. National Bank
R. E. Trust
Safe Deposit & Trust
South Side Trust Brees Ook
Ee Ae
Brewing
River Coal És
Outside Securities
Northern Securities
Cae
Consolidated Exchange Sales
Treasury Balances
Ene Oyalifety
IWW
Ty Bsi Amer
Eee Sons
Tobacco Yi
Amer
iTri
Pamberger de Lamar
Borden's
Borden
California
Amden
Sentral Fireworks
Antral Foundry
Jentral
Ounecry
U Air Wee
Sane
S.cses
Io Securities
Avana Tobacco
Avana Tobacco i
Ston Il
Tomiston Oil
Borough Rap
Mer
Ngland
E &F
P. Pf
Dee. & Evans
Crawford
Andard Milling
Trenton Potteries
Renton Fotteries
S. Shipbuilding
Sv S. Shipbuilding
Steel Ss Cere
Universal Tobacco
Southwestern
Irgimia Thiwestern
Cc Oat & Coke
White Street
Broadway & Tth
Brooklyn, B. & Weeeee
Brooklyn City R. Rds
Eriklyn Rapid Tr. & K
Secordmtral Park
N. Bds
Grand Rapids St. Ry
Jersey City
H. A
Nassau Electric
Ninth Avenue
North Jersey St. Ry
St Louis Transit
Sa Francisco
Gavin Av. R. R. Consols
Xth Avenue
Emnway R.R. Co
A .Cuse
Acuse Rap
Ted Rys
United Rys
St. I
United Traction, Bonds
United Traction
Wash. Ry. *& Electric
Wash. Ry. & Electric Pt
Wash. Ry. & Electric
Gas Companies
Am. St. & Traction
Am. Lt. & Fraction Pf
Buffalo. Gas Wate Ee
Buffalo Gas Ds
Union Gas
Columbus Gas
Con
Consum. Gas
J. C
Denver Gas
Weer GL & al
Baer Sho
Indianapolis
Indianapolis Gas
New Amsterdam Gas
N.Y. & E.R. Gas Co
Northern Union
St. Joseph (Mo
Aee
St Paul Gas
Standard Gas
N. Tes
Standard
Syracuse Gas
Ory Me
Syracuse Light
Wena
Rooklyn Ferry Oe
Wees
Ee Os St
East River Ferry
Hoboken Ferry
I Oy
Hoboken
Union Ferry
Car & F
Hide & L
Somar
Balt
Brooklyn R. T
Ches & Ohio
Chi. & Alton
Great W
Cci
St. P. Lea
Fuel & I
Shy Iwer
Col & H. Coal
Iver
Denver & Rio
Det
Hoek
Lil
Louis, & Nash
Amy
Central Ok
Kwae
Pacific Lo
Nat. R. R
Y. Central
W. Qn
Norfh West
LibBy
Whitm Su
People’s Gas
Rep
Rock ‘Island
Eaate L. Tae
Southern Pac
Southern Ry
Tenn
Coal
Texas Pacific
St.l. & W Pt
West Union
Bonis Alta
Alpha
Andes
Belcher
Best & Belcher
Cnhollar Canveeres
Imperial
Crown Point
Gould & Curry Senesee
Euaeseess
Hale & Norcross
Julia Peewee
Ernest Ot Justice
Kentucky
Lady Washington
Ophir
Potosi
Sag Belcher
Sierra Nevada
St. Louis
Colorado Springs
Col
Gardner & Co
Ask Ad
Acacia
Alamo
Americareo i Consolidated
Slue Bell
Sean Lilt
Fanny Rawlings
Ms Findlay
Old Dollar
LSU
Eton
attte-Puck dAttle
Bessi Mollie
Mary Cash
Pharma Pinnac
Washington
General Fund
Uae
Tener National Bank
Seenetna
UND
Ats A
Inter
Louis
Mex
NEW York Stock Exchange
U. Ann
Alg Ain
A. M
Butterick
Ihe
Izv
Div
Ord Cc. Co
Homantaie
Joliet & Chit Kan
Dot
Aly
Man 'Md
W. S. EL
Is Stanck A. Ak
Ah. T -L
Nt. C
Se B
B. Pt
X. D. Co
D. Co
Mpeg
al. K
Tol. Rys
Light
Wen Eese
Adams Express
Nance
Eneee & P
Atch
Top
Santa
Ems
North W
Pocuh
BMW
C&c
Ore North Pac
Wig
North Pac Sen
Oregon
Eali
Serene WO
WHO
Canada South
Hyells
Penn
Ches & O
R&a
Cain
Chi & Alton
Rio Gr West
South
Ieee Estene
Lsw
Lake
KW & T
Stl
W-ts- Col
T & Ny
Crete
Samoss
W & DC
Green Bay & West
AMD
Titus Hweee
Ivy
Eee
Wes
Tye
Tor Ly
Adams
Aye
M Ag
Snuff Am
Toaky den Ec