Financial turmoil and cautious recovery in US and Europe
A weekly overview traces a price decline driven by pessimism and a cautious rebound led by sentiment rather than fundamentals. It notes Minnesota rate case disappointment, Washington policy moves, money market stabilization, and European factors including Bulgaria and Serbia arbitration and German bond activity.
MENTIONED IN THIS ARTICLE
Minnesota
Union Pacific
Washington
Financial District
Shreveport
Great Northern
Real Northern
Europe
Bulgaria
Servia
Russia
New York State
United States
Baltimore & Ohio
London Takes Heart Again After Settlement Hurdles
London reports improved sentiment as operators overcome difficulties at the settlement. The New York Times notes the stock exchange session, dated June 15, showing cautious optimism amid ongoing market strain and tentative gains.
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New York Times
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the Stock Exchange
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German gold demand eases as new issues delayed
The market shows a weekend improvement with limited business on Saturday. Investors acknowledge how settlement difficulties were handled, reporting only two minor failures, one of which promises 20s in the pound as payment.
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Dismal Week in Berlin Stock Market Slump
Berlin trading faced a severe downturn after a week of global panic. Canadian Pacific weakness and London Exchange insolvencies drove declines across issues as Imperial and Prussian loans failed to attract buyers. Some relief came from optimistic New York tariff revision talk and hopes for global crop yields.
MENTIONED IN THIS ARTICLE
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Czar Telegrams Boost Markets Hopeful For Bull Run
Paris dispatch reports Czar telegrams to Bulgaria and Servia eased war fears and improved conditions on the Bourse. Advices from New York and London lifted prices as market bears retreat. Analysts see steady gains barring new foreign political shocks with easy money and healthy liquidity across the parquet.
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Paris
Bulgaria
Servia
New York
London
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