Financial Markets React To Taft Roosevelt Dynamics
Market notes reflect Taft’s Chicago success tale yet show no room for Roosevelt. Wall Street largely accepts Taft as the likely nominee while fearing a compromise alternative may still surface. Trading slows in afternoon with modest losses as politics dominate prices. Consuls edge up slightly amid government sinking fund hopes and Brooklyn Transit note demand. City plans on transit funding proceed without new city security issues.
MENTIONED IN THIS ARTICLE
Chicago
Taft
Financial
Roosevelt
Wall Street
Stock Exchange
Jess
Brooklyn Rapid Transit
Money and Exchange Rates on Call Money and Foreign Rates
The article details call loan rates on the stock exchange with most loans at 2 percent and time money at 3 percent for various terms. It lists New York Clearing House figures, Sub-Treasury balances, and weekly bank losses. Foreign rates cover London Paris Berlin and Zurich with cable and check exchange rates, plus domestic exchange quotes by city.
MENTIONED IN THIS ARTICLE
Money and Exchange
Stock Exchange
New York Clearing House
Treasury
London
Paris
Berlin
Im Berlin
Switzerland
Holland
Belgium
Bankers
Boston
Chicago
Uis
St. Paul
San Francisco
Montreal
London and New York Gold Prices Move Lower
Bar silver quotes slip in London to 285-16d per ounce and fall in New York to 6i%1c. Mexican dollars quoted at Tc.
MENTIONED IN THIS ARTICLE
London
New York
Tin activity steadies at Metal Exchange with assorted spot lots
The Metal Exchange saw quiet trading except tin which showed activity. Spot sales included 30 tons at 48.85 and 25 tons at 48.75, with 25 at 48.8212 and 25 tons for June at 48.70, plus 25 tons first half of July at 45.50 and 50 tons August at 43.75. Copper held steady with bid and asked quotes around 17.00 to 17.50. London market quotes for copper and pig tin showed copper near 57.26 on spot with futures around 9.31 to 9.79 and pig tin futures near 19.6, market ending easy. Spanish pig lead up 3d and spelter unchanged.
MENTIONED IN THIS ARTICLE
Standard
Metal Exchange
London
Cleveland
Wall Street Sees Mixed Signals From Europe on US Campaign
European observers misjudge US money markets' focus as a presidential contest draws funds away from banks. Lehigh Valley freight declines pin a dent on coal tonnage and earnings, while dividend disbursements in July total 254 million dollars. Exchange bulletins during Chicago convention shift trading pace, with a 418 thousand share surge followed by a drop.
MENTIONED IN THIS ARTICLE
Meeker
Lehigh Valley
Lehigh
Outside Securities: Woolworth Active On Curb Listing Move
Trading on the Curb market was varied with Woolworth common surging after listing progress, rising from 90 to 95% and closing near the top. The preferred traded up to 115% while Ohio Copper and Greene-Cananea showed activity and price movements. Mason Valley Gs and Braden Gs posted gains in the bond list with notable turnover.
MENTIONED IN THIS ARTICLE
Woolworth Common
Preferred
Stock Exchange
Ohio
Greene-Cananea
Mason Valley Gs
Braden Gs
Salba
Allied Sec. Co
Brit.Am. Tob
Hares Goodrich
F. Goodrich Sak Ieekee
Ficus Oil Pf
Lehigh Dona Coal
Loose - Wiles ’ Biscuit Co
Ess
F. W. Woolworth
Braden Copper
Brit. Col
Manes
Butte-N
el Paso Con
Giroux Mining
Greenwater
Keystone
Mason Valley
Nevada Hills
Pacific Smelt
Con
Stewart
Tonopah
Tuolumne
Sisnee
West
Yukon G. M
Braden
Mason Val
Pac
Stocks Out of Town Spark Mixed Market Movement
Houston Oil shares held firm in Baltimore while the preferred rose then fell back. The Boston market stayed strong as copper stocks surged on reports Electrolytic Copper sales to 17 percent. Highs were set across many issues with Calumet and Hecla, Granby, Isle Royale, Mohawk, Osceola, Old Dominion, Quincy, Superior, Wolverine, and United States Smelting marking notable gains. Chicago Title and Trust slipped as consolidation chatter weighed, while Diamond Match eased and Sears Roebuck rose. Philadelphia trading suggested politics less dominant, local stocks acting independently amid semi professional market tone.
MENTIONED IN THIS ARTICLE
Houston
Baltimore
Boston
Allouez
Calumet
Arizona
Hecla
Granby
Isle Royale
Mohawk
North Butte
Osceola
Old Dominion
Quincy
Superior
Wolverine
United States
Chicago
Sears-Roebuck
Philadelphia
Cambria Steel
Atchison
N. H
Union Pac
West E. St. R. R. Pf
Arch. Tel. & Tel
Mexican Tel
Agr
Tee
East
Boston Land
Writ
Edison
Atl
Gulf
W. I
Gen. Electric
Gulf & W. I. Pr
Mass
Bay State Gas
Borden
North Texas
Rubber Tire
Pullman
Consol
Tire
Reece
Havana Tobacco Ee
Swift & Co
Houston Oll Cnee
United Fruit
Inter
Rubber Trust Ctfs
United Shoe Machy
U. S. Steel
J. I
S. Steel
Lil Kayser We Saat
Kayser Pf
Ss. S. Kolb Bakery Nf
Adventure
Tesgc
Ise Ees
Ahmeek Eee
Algomah
Seweee Ee
Standard Oil
N. J
Amal
Studebaker Co
Anaconda
Studebaker Co. Pf
Arizona Commercial
Bonanza Severerence Nc
J. S. Youngs
Ans
Boston. .& Corbin
Chino Aree
Chicago Title & Tr
I Caledonia Mining
Gom. Edison
Il Daly West
Ariz. Sm
Bast Butte
Davis-Daly Copper
Franklin
Giroux Ee
Illinois Brick
Diamond Field Daisy
Harvester
First National Eeerere
Oway
Greene Canane
International S. & R
Inspiration
Quaker
Kerr Lake
St. Paul
la Rose Consol
Keweenaw
McKinley-Darragh
la Salle
Nevada-Utah M. & S
Ason Valley
Nipissing Mines Co
Teis
Tonopah
Union Minés
Nevada
Con
United Copper
New Arcadian
T. i
Nipissing
United Copper Pf
North Lake
Sojibway
Pond Creek
Aaron
Ray Con
Santa Fe
Shannon - Ween
Shattuck
St. Mary‘s Land
Superior & Boston
Tamarack
Trinity Se
U. S. Smelting
Utah
Eeee
Utah Copper
Victoria
Winona O
Gulf_& W. I
Cece Wake Q
Uni'd F
Western Tel
Bay
State G. Oe
la R
Bohem
Boston Ely
Baitic
Cactus
Ohio Copper
Raven
Davis-Daly
South Lake
R. I. Coal
First Nat
Stock Averages Rise Slightly in Railroad and Industrial Groups
The article notes a modest advance for 25 railroad stocks and 25 industrials with railroads up about two fifths of a point and industrials a quarter, yet closing averages show smaller gains. It lists daily highs lows and means for June 20 to June 23, 1912, with years and year’s ranges for context.
Markets in London and Europe Show Mixed Signals
The London Times reports subdued demand for money with adequate liquidity and modest activity in three month paper. Stock markets are quiet ahead of carry over, with malacca rubber shares falling and American shares strongest. Paris and Berlin show firmer bond prices and dull trading respectively.
MENTIONED IN THIS ARTICLE
London
The
London Times
the India Council
Stock Exchange
Malacca
Paris
Wall Street
Treasury statement shows daily and month receipts and outlays
The Treasury report lists yesterday and month totals by category including customs, internal revenue, corporation tax, and miscellaneous with a total receipts figure of 2,760,437 and a surplus of 1,114,351. It notes not including Panama Canal or public debt transactions and shows balances in Treasury offices and banks totaling 135,618,4T.
MENTIONED IN THIS ARTICLE
Treasury
New York Times
Washington
United States Treasury
Philippine Treasury
No Navy Pay Next Month As Government Debts Hit
Acting Secretary Andrews warned Congress would not pass the annual Navy budget, causing no pay after June 30. Officers and seamen must continue duties under existing orders and accrue lawful government debts. Civilian staff may work only voluntarily with pay contingent on future funds.
MENTIONED IN THIS ARTICLE
Washington
Congress
Navy Department
Navy
Andrews
Consolidated Exchange Sees Heavy Trade Despite Profit Taking
Traders at the Consolidated Stock Exchange embraced high prices with volume. Profit taking and short selling by bears marked the session, yet overall activity stayed fair. Total volume reached 34,820 shares across fifty stocks, with commission houses handling many odd-lot orders.
MENTIONED IN THIS ARTICLE
Consolidated Stock Exchange
Rail company earnings and June week reports across multiple lines
Summary of 2d week June earnings and annual totals for railways including CENTRAL OF GEORGIA CHICAGO GREAT WESTERN DETROIT & E EAY INTEROCEANIC RAILWAY OF MEXICO NATIONAL RAILWAYS OF MEXICO NORTHERN YE OE LIGHT RIO GRANDE SOUTHERN LONDON UNDERGROUND VARIOUS LINES and related companies. Data includes gross and net figures for May and 11 months, with mentions of decreases and miscellaneous charges.
MENTIONED IN THIS ARTICLE
Central OF Georgia
Chicago Great Western
Detroit & Ee Ay
Interoceanic Railway OF Mexico
National Railways OF Mexico
Rio Grande Southern
London Underground
London United Tramways
London General Bus Company
Lehigh Valley
Kansas City
Maryland
Lalance
Also Mentioned on This Page
Municipal, Railroad and
A.b.leach& Co
Broadway
Harris, Forbes & Go
Ww. W. Harris & Co
Pine Street
Cer- William New York
Safe Investments
Trust Funds
Festal Savings Banks
O'Connor & Kahler
the Rookery
Corporat
Lawrence Barnum &Co
Broadwayork
Park & Tilford
Acker, Merrall & Condit
S. H. P. Pell & CO
New York Stock
Hanover
Wall St
Douglas Fenwick & Co
J.K. Rice, Jr. & Co
Atlas Portland Cement
Childs (Restaurant) Co
Nat. Light, Heat & Power
Genet Manufacturing Co
J.k.rice, Jr. & Co
Hmidt
Jallatin
U. S. Gov't
N.Y
New York Stock Exchange
Jas. B. Colgate & Co
Wm. A.read& Co
Bankers No
Alfred Mestre & Co
Freeman& Company
John
N. Y
Metal Market Reports
New York City
May
Icig
Rez
Europe
Mr. Roosevelt
Wall Street’s Railroad
Financial District
Adams Express Company
Exchange Place
Church Street
Dow, Jones & Co
Outside Securities
Woolworth
Railroads
Elec
Fidelity & Deposit
Hous
Int. & G. N. Corp
Pullman Vent
Chicago Rys
Fair. & C Tr
G. B. S. Brew
CIA
Ala
Houston Oil div
Macon
Thur
Ches
Buig
Purchase Receee
Chi
Alton
Erie
Gen. Motors
Hudson Co
Harv. Co
Minn
St. L
Legone
N. Central
N. ¥. Central
Man
Eeiveak
Bourses OF Europe
Atchison Wees
Pacific
St. Eecante
Illinois Central
Louis v. & Nash
N. Y. Central
Pennsylvania
Southern
Union Pacific
TY. S. Steel
U &S. Steel of
Foreign Public Securities
Caen Ss
Baveriar
Saxony
Hamburg
Munich
Frankfort
Vienna
Pittsburgh
Crucible Steel
Ind
Brewing
Light & Heat
Natl
Ohio Fuel
Ater Ee
Pittsburgh Brewing Pf
San Toy Setae Wena Ee
Etetaee
Westinghouse
Westinghouse A. B
Steel Ene Eeeerere
Sennsee
Alpha
Ardes Kentucky
Belcher Waee
Caledonia Enews Kees
Overman
Chollar
Potosiee Confidence
Wee
Savage Ott
Cal & Baee Sag Belcher Sree Cae
Imperial Eres
Sierra Nevada
Crown Point
Union
Gould & Curry
Hale & Norcross
Yellow Jacket Ae
Daisy
Jones
Eeee Diamonds
B. B
Belmont
Goldfield C. M
Tim Butler
Goldfield
McNamara Ae
Great Benda
Midway
Montana Teense
North Star
Florence Oe Ween Rescue
Eula
Lone Star of
Tonopa
Colorado
Askea Angilo-Amer. Oil Co
Atlantic Ref. Co
A Borne-Scrymser Co
Buckeye Pipe L. Co
Cheseb. Mfg. Co
Colonial Oil Co
Continental Oil
Ohio Oil Dew
Prairie Oil .& Gas Co
Solar ‘Refining Co
Southern Pipe Line Co
South Penn. Oil Co
S’ West Penn. Pipe L
Stand. Oil‘ Co
Cal
Stand. Oil. Co
St. Oil Sub
St. Oil
Old St
Swan & Finch Co
Union Tank Line Co
Vacuum Oil Co
Washington Oil Co
Waters-Pierce Oil
Ae Te Ao
Conley Enereesee
Johnson Tintoil & Met
J. H. Young Laenereesee
MacAndrews & Forbes
R J. Reynolds
United He Biers
United C
United C. S
Alliance Insee Eeenenee
Am. Citled
C.cesses
Catawissa 2d
Ins. Co
N. Am
Interborough
Lake Superior
Genigh V. T. Pf
Lehigh Val. Tran
Phila.Co. Pf
Phila
Phila. R. T
Hk Valley
Reading
Rochester
Standard Gas &E
Consolidated Exchange
Car & Fy
Locomo
Gar
Saar
S. F
Ball
B’klyn_ R. T
Ches, & Ohio
Col. Fuel & I
Blyar
Nat Lead
Pacific Dos
Pacific Mail
Pitts
Ray_ Con
Rock Island
Rock Island Pt. al
Cane Pacific
s. rae_ aT - HHS
Ss Steel
Wabasa Ae Esere
Wabash
W’house
Etect
Atlanta
Consol Va Bely
Florence
Jim Butler
Portland
West End
Ann Arbor
U. S. Motors
Marconi
EL Paso
London Stock Exchange
L. P. Cartier
Broad St
Adirondack Power CO
Standard Oil Co
E. Bunge & CO
Broad Street
Rector
H. M. Byllesby & CO. Incorporated
Engineers
Insurance Exchange Building
Portland, Ore
Lawyers Title Insurance
Manhattan
Montague Street
Brooklyn
United States Mortgage & Trust Co
Guaranty Trust Co
Nassau Street
Fifth Ave
5Th Ave
St. N.Y
Lombard Street
E. Oo
Windsor Trust CO
Cedar Street
47Th Street
Clark Williams