Markets rally as Balkan talks ease fears and Taft win seen
The prompt Balkan peace steps by England France and Russia sparked a sharp recovery in major markets led by Paris Berlin and London. Bond gains widen the mood, with Southern Pacific warrants and Union Pacific and Frisco issues hitting new highs as investors bet on easy money and renewed prosperity.
MENTIONED IN THIS ARTICLE
England
France
Russia
Balkan
Near East
Paris
Berlin
Stock Exchange of
London
Stock Exchange
Taft
Union Pacific
Frisco
Southern Railway
Colorado & Southern
New York Stock Exchange
London Exchange Better
London markets closed with improved sentiment as British Government securities lead and peace prospects brighten. Traders note a satisfactory settlement and Paris gold intake fueling speculation the Bank of England could raise rates if needed amid ample metal inflows from South Africa.
MENTIONED IN THIS ARTICLE
NEW York Times
London
Consols
Paris
Bank of England
South Africa
Balkan cloud hits stocks in unsettled market
BALKAN CLOUD HITS STOCKS Brlin Oct 18 A panic like fall in prices caused by Austrian annexation talk began the week but faded as Balkan outlook worsened. The decline mainly affected rail and industrial shares with American stocks steady and Canadian Pacific improving on reports of stronger earnings.
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Northern Pacific
St. Paul
Baltimore & Ohio
Pennsylvania
United States
NEW York Times
Brlin
Iing
Assignee Explains Gay & Co Bankrupt Affair
John P. Reynolds Jr. states as assignee he has managed E. H. Gay & Co. since Aug. 8 to realize for all creditors. He refutes claims he favors large creditors and says actions followed a receiverlike plan. He notes a written understanding guiding his conduct from the outset.
Outside Securities and Stock Dividends Notice
The notice outlines stock actions including extra dividend and stock sales. It specifies payment terms per share and indicates frequency codes M B Q S A for distributions. Par value details are noted when different from standard.
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tiSell
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