Money Market Gains Amid Moderate Stock Exchange Advance
A stable money market with call money at 1 percent and renewed investor demand boosted stocks on June 29 1908. Gains appeared in Reading Union Pacific and select shares as midyear payments and reinvestment hopes supported activity. Analysts noted bonds unlikely to rise despite favorable crop progress and anticipated dividend disbursements.
MENTIONED IN THIS ARTICLE
Reading
Union Pacific
Stock Exchange
Financial
Bryan
Denver
Taft
Consolidated Exchange Notes Mixed Copper Shares as Market Rises
The New York City beef weekly sales report and Boston bank data appear with a stronger overall market. Amalgamated copper shares gained while United Shoe Machinery fell over two points. the general market finished near day’s highs with heavier local exchange volume.
MENTIONED IN THIS ARTICLE
New York Times
Boston
Associated National Banks of Boston
Rane
Nwa
Bks
Jocal Exchange
Amalgamated
United Shoe Machinery
Wheat and corn market notes show unexpected strength
Technical conditions produced strength in wheat after the first hours and through to close despite favorable belt weather. Visible supply fell 1.596 million bushels year over year with large on passage reductions. seaboard clearances totaled 448,000 bushels. No export business reported. New York cash wheat quotes No 2 red 96 to 97 cents, No 1 Northern 1.14½ to 1.15, No 2 hard 1.01½. Corn prices firm with modest demand. No 2 corn at New York 78 cents elevator, 7? cents FOB afloat.
MENTIONED IN THIS ARTICLE
Seaboard
New York
Luth
Liverpool
Market Doldrums Maintain Prices in Outside Securities
Trading showed little volatility as mining stocks slipped slightly while overall outside markets held near steady. Bond activity focused on National Railways of Mexico 4s and Tidewater 6s notes with muted gains, amid a lifeless yet steady session in Baltimore and New York listings.
MENTIONED IN THIS ARTICLE
National Railways of Mexico
Tidewater
New York Times
Baltimore
Atlantic Coast Line
Carolina Central
Anacostia & Potomac Street Railway
United Railways
Seaboard
Mount Vernon
Calendar for today lists dividends and annual meetings for many firms
Daily notice of dividends payable and annual meetings for numerous companies including American Telephone and Telegraph Co Atchison Topeka Santa Fe Railway preferred Baldwin Cincinnati Central Coal & Coke Consolidated Traction New Jersey Globe Wernicke Kansas City Southern Shore Michigan Southern McKinley Darragh Savage Mines Mexican Light & Power Michigan Central Minneapolis St Louis Mortgage Bond Nebraska New River Lumber Northern Central Otis Procter Gamble Union Bag Union Natural Gas United Gas Virginia Carolina American Bank Note American Radiator Guaranty Trust Maryland Memphis Mercantile Mergenthaler Metropolitan Morton National Licorice New Haven Hartford Rail Nicholson Tile Nineteenth Ward Bank Pennsylvania Pittsburg Plate Glass Royal Baking Powder St Joseph Stock Yards Standard Gas Light Standard Trust Texas Pacific Title Guaranteed United States Steel Van Norden Yorkville etc Annual meetings for National Helmet P Lorillard.
MENTIONED IN THIS ARTICLE
American Telephone & Telegraph Co
Atchison, Topeka & Santa’ Fre
Baldwin Co
Cincinnati
Central Coal & Coke Co
Consolidated Traction — of New Jersey
Cincinnati, Newport & Covington Light & Traction Co
Globe-Wernicke Co
Kansas City Southern Railway
Cee
Shore & Michigan Southern Railroa
McKinley-Darragh Savage Mines
Mexican Light & Power Co
Michigan Central Railroad
Minneapolis & St. Louis
Mortgage Bond Co
Nebraska Telephone & Telegraph Co
Brooklyn Trust Co
Carthage
Watertown
Mercantile Trust Co
Mergenthaler Linotype Co
Metropolitan Trust Co
Morton Trust Co
National Licorice Co
New Ps New Haven
Hartford
Railroa
Nicholson Tile Co
Nineteenth Ward Bank
Pennsylvania
Pittsburg Plate Glass Co
Royal Baking Powder Co
St. Joseph
Standard Coupler Co
Standard Gas Light Co
New York
Standard Safe Deposit Co
Standard Trust Co
Texas & Pacific Coal Co
Title Guarantee and Trust Co
United States Mortgage and Trust Co
United States Steel Corporation
van Norden Trust Co
Yorkville Bank
National Helmet. Co
Gold Sent to Germany by Goldman Sachs in Export Deal
Goldman, Sachs & Co. arranged a $300,000 shipment of gold bars for export to Germany yesterday. It marks the first engagement in ten days as outward gold movement nears a pause. Exchange rates closed about five points lower than Saturday. Call money remained at 1 percent despite heavy demand for July disbursements.
MENTIONED IN THIS ARTICLE
Wo Pupiuue
Germany
Bank of France
London
South Africa
Goldman, Sachs & Co
Produce Exchange Stocks Report
The stock department lists principal yesterday trades with opening high and low prices. Sales include 2,800 units of Branch Mint at 3% type, with prices and totals detailed in the report.
MENTIONED IN THIS ARTICLE
Dominick & Dominick i
New York Stock Exchange
Cortlandt
Griswold
Eastern Point
New London
Conn
Money and Exchange Rates on the Stock Exchange
Money on call at 1 1% with last loan 1% and most loans near 1% Time money ranged 2% to 4% for various terms Mercantile paper rates 3 1% to 5% Clearing House balances 6,636,824 and exchange figures show sterling and continental bills. local banks gained 1,447,000 since Friday.
MENTIONED IN THIS ARTICLE
Stock Exchange Colateral
Mercantile
Clearing House
Exchan
Reichsmarks
New York
Cago
Contee
St. Paul
St. Lo
New Orleans
Bank
Francisco
Silver Quotations in London and New York Markets
London fixed bar silver at 2 percent per ounce while New York stood at a similar level. Mexican dollars traded at 4fc with limited dealer movement and small price differences noted.
MENTIONED IN THIS ARTICLE
London
New York
Metal prices drift in London copper markets and alloys
London copper declined from Friday’s close with mixed moves across metals. Spot copper fell to 565 pounds, futures to 57, tin held at 125 spot with futures steady at 126 5s, lead eased to 12 pounds 7s 6d, spelter down to 18 pounds 10s 6d, while Cleveland warrants remained firm at 5s 4d.
MENTIONED IN THIS ARTICLE
London
Cleveland
New York Metal Exchange
Lake
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