The Financial Situation and European Market Moves
A market dispatch argues that stock gains stem from real improvement in fundamentals, not mere speculation. It notes stronger steel and railroad results, rising bank clearings, renewed demand for core materials, and a likely smaller fiscal deficit, with inquiries in jewelry finance and gold shipments signaling broader economic recovery.
Cautious On The Boerse calms Berlin trading
Caution and restraint governed last week on the Berlin Boerse. Traders feared fresh tax burdens on stock exchange securities and industry levies proposed in the Reichstag. Prices mostly fell with limited buying, despite gains in a few American rails and copper stocks.
MENTIONED IN THIS ARTICLE
NEW York Times
Berlin
Stock Exchange
Reichstag
Wall Street
London
Paris
Berlin Exchange
Open Shop Policy shifts at American Sheet and Tin Plate
Pittsburg reports the American Sheet and Tin Plate Company will run its sheet and tin plate mills on the open shop principle after June 30. The move aims to face rising competition from new non union tin mills, while the canning season raises fears of delivery disruptions if unions strike.
MENTIONED IN THIS ARTICLE
New York Times
Pittsburg
American Sheet and Tin Plate Company
Carnegie Steel Company
Ohio Works
Mingo Steel Works
Bellaire
North Sharon
Bessemer
Columbus
Boston
Montana
Anaconda
North Butte
Butte Coalition
Shannon
Albouez
Centennial
Champion
Baltic
Tri-Mountain
Michigan
Mohawk
Quincy
Davis-Daly
Washoe
Colorado
Southern Pacific
Toledo
Mexico
Sonora
Sonora Mining Company
Vera Grande
San Antonio
Pontiac
Mass Consolidated
New Lode
Keweenaw
Kearsarge Lode
Mandan
Medora
Kearsarge
Osceola
Te Perseverance Company
Warm Springs Gulch
Mon
Houghton
Mich
Montana Clinton Copper Company
Clinton
Missoula County
Boston Copper Gossip Figures Released for May
Boston reports reveals detailed output figures for May with the Butte camp producing more than 26,000,900 pounds of copper during the month.
MENTIONED IN THIS ARTICLE
New York Times
Boston
Butte
Rise in American stocks in London market
The London Stock Exchange shows a strong American lift led by Continental buying and UK confidence in transatlantic investments. Traders note a London rally in railway stocks and Amalgamated Copper amid mixed views on money outlook, while securing stock exchange memberships commands high premiums.
MENTIONED IN THIS ARTICLE
New York
London
London Stock Exchange
Wall Street
Times
Shorters’ Court
Yankee Department
Capel Court
Stock Exchange
Paris Markets Strong and African Speculators Hurt
Paris reports a strong market last week with an upward trend interrupted by one hesitation Thursday as holders and African mine speculators paid for chasing quick profits. Money rates rose slightly on carry-over day and, at week’s end, sentiment was buoyant and hopeful for the next week.
MENTIONED IN THIS ARTICLE
Paris
Bank of England
Stock Exchange
Treasury Department
NEW York Times
Customs Ruling Reduces Duty on Cloth Lined Paper
The Board of United States General Appraisers cut a 45 percent duty on cloth lined paper used for envelopes to 25 percent. The paper has a cotton cloth back, the chief value material, but is commercially recognized as paper used in envelopes. George Goodall and others argued for the lower rate under the tariff for paper not specially provided. the board sustained this view.
MENTIONED IN THIS ARTICLE
Board of
United States General Appraisers
Loeb
George Goodall
Fischer
Also Mentioned on This Page
the Markets OF
Europe
United States Steel Corporation
Republic Iron and Steel Company
Pennsylvania
Union Pacific
Chesapeake & Ohio
New York Central
American Locomotive Company
Financial District
Wm. A. Read & Co
N. Y
Boston Stock Exchanges
Nassau Street
Congress Street
la Salle Street
Chicago
East German Street
Baltimore
Bond Market
Spencer Trask & Co
William and Pine Streets
Amer
District Teleg
N. J
Ann Arbor R. R
Butte Elec. & Power
Chase National Bank
de Long Hook & Eye
General Chemical
Hudson & Manhattan
Lehigh & New York
N. Y. Transfer Co
Pere Marquette
J.k.rice, Jr.&Co
Hanover
Wall St
N.Y
Kountze
Cuba
Porto Rico
Esite
Ibroadway
Cedar ST
N. W. Halsey & Co
Philadelphia
San Francisco
BROWN
Williams & Burbank
New York Stock Exchange
Quiside Investment Securities Department
Te Augustus Willard
Msgr
Broadway
the Steel Trust
Standard Steel Car Company
Central Railroad of
New Jersey
Forge
F. O. B. Valley Furnace
Seer. Penn
Boston Copper Gossip
London Exchange
Potter, Choate & Prentice
Central Pacific RY. CO
Chesapeake & Ohio RY. CO
IMP
Chicago & Western Indiana RY. CO. Consul
Toledo, ST. Louis & Western Railroad
MTGE
Edward B. Smith & Co
Bankers
Pine St
N.E. Cor
Broad and
Chestnut Sts
New York and
Philadelphia Stock Exchanges
Cumberland Telephone & Tel. Co
American Telephone & Telegraph Coo
The
Cumberland
Nashville
Tennessee
Central Business Property
Seattle
the Trustee Securities Company
New York City
Dominick & Dominick
United Bank Note Corporation
Sc. Pac
California
Wabash
Frisco
Henry Glews& Go
Broad ‘St
Y. Stock Exchange
Curtis & Romaine
Broad Street
Consolidated Stock Exchange of
New York Cotton Exchange
New York Produce Exchange
J.F. Pierson, Jr. & CO
West
125Th Street
Columbus Av
Bertron
Griscom
Jenks
Farson
SGN & CO
Broad St
Peoria & Pekin Union Iy
Chisholm & Chapman
American Water Works & Guaneantee Company
Pittsburgh
St. Louis
Emile de Planque
Avestment Securities
Travelers Letters of Credit
W. N. Goler & Go., Bankers
Seaboard Air Line
Georgia
Alabama
O'Connor & Kahler
Atchison & Eastern Bridge
Cincinnati
Hamilton & Dayton
Duluth
Rainy Lake
Winnipeg
Mason City
F. J. Lisman & Co
Hudson County Gas Company
New York & Hoboken Ferry General
BR. H. & F. W. Pelzer, Phon
Exchange Place
N N. Ye
B’klyn, Queens Co
Brooklyn Heights
G. White & Company Inc
Dominick Bros. & Go
Omaila Gas
Ayracuse
Central Railway Syndicate
Cripple Creek Central
E.Y. Bliss
General Motors
Kings County
Sam Smith
Warren Gzowski & Co
Cobaly
Toronto Stock Exchange
Colborne
Toronto
Swartwout & Appenzeliar
New York Stock
John
Pine Street
E. I. du Pont de Nemours
Henry Bros. & Co