Strong but narrow market drives cautious optimism
The stock market shows strength late in the session while skepticism lingers about sustained price gains. Copper stocks Amalgamated Copper and Anaconda attract attention without clear news explanations as traders debate whether metal demand or supply governs prices.
MENTIONED IN THIS ARTICLE
Union Pacific
Cotton market steadies after Monday losses on demand rumors
Cotton recovers part of Monday's drop as rumors spread that the Wall Street bull leader of last August reentered the market and export demand remains steady. The main market closes up 2.3 points with sales near 175,000 bales and notes heavy Manchester reports alongside a forthcoming strike conference in Liverpool.
MENTIONED IN THIS ARTICLE
Wall Street
Manchester
Liverpool
Devmdoe
Gulf
Norfolk
Augusta
New Orleans
Galveston
Memphis
Houston
Weather forecast for cotton and grain states
United States Weather Bureau forecast for Wednesday and Thursday. North and South Carolina and Georgia fair with warmer Wednesday. Alabama fair. Mississippi and Louisiana fair with showers and cooler Thursday. Arkansas fair with rain and cooler. Ohio fair and warm Wednesday with rain Thursday. Indiana Illinois and Lower Michigan fair with rain Thursday. Upper Michigan Wisconsin fair with showers and cooler. town fair Wednesday Thursday with rain and cool. Missouri fair east, rain west. North and South Dakota Nebraska fair Wednesday cooler east. Kansas fair west, rain east. Utah fair Wednesday and Thursday.
MENTIONED IN THIS ARTICLE
New York Times
Wastiington
United States Weather Bureau
South Carolina
Georgia
Alabama
Mississippi
Loana
Soatl Ind
Arkansas
Ohio
Indiana
Ilinois
Michigan
Upper Michigan
Wisconsin
Missouri
North
South Dakota
Nebraska
Kansas
Utah
Directors Reelect Officers and List New Securities
John and Jenks of Philadelphia, formerly with Edward B. Smith and Company, were in this city yesterday. The Union Pacific Railroad directors organized for the year after last week’s stockholders meeting, with all old officers reelected. At the American Locomotive Company annual meeting Fisk Fisk Pliny and J. E. Frank were re elected. Federal Mining and Smelting Company elected Joseph Glendenin and Edgar L Newhouse as directors, replacing G. M. Borden and T. J. Phillips. Firms applied to list new securities: Delaware & Hudson Company 13.399 million dollars first and refunding mortgage bonds due 1943 and Eastman Kodak Company 50 thousand dollars additional common stock.
MENTIONED IN THIS ARTICLE
John &. Jenks
Philadelphia
Edward B. Smith & Co
Union Pacific Railroad
American Locomotive Company
Ww. Marshall Pliny Fisk
J. E. Frank
Federal Mining and Smelting Company
Joseph Glendenin
Edgar L. Newhouse
G. M. Borden
T. J. Phillips
Stock Exchange
Delaware & Hudson Company
Eastman Kodak Company
Foreign Markets Report Westward Trade Quiet on Continent
London markets opened steady but grew dull as Near Eastern concerns limited outside support. Gold discounts firm on demand from the Continent. American securities held near parity in forenoon trading, then rose on New York bids for Union Pacific and Chicago Milwaukee and St Paul. Short bill rates at 17 16 1 4 percent, three months at 2 percent. Paris bourse firm amid Near East tension. Three percent rentes close at 95f 50c. Berlin trading dull with irregular price action.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Emperor Williams
New York
Union Pacific
Chicago
Milwaukee & St. Paul
Philadelphia
United States Steel
Reading
Lilestrie
Sun
Philadelpha Electric
Amal
Rites
bell_ Teleee
Ambria Steel
Erie
Hunt
Ins Co
N. A
Lake Sup
Ctc
Sly
Lehigh Valey
Lehigh Nav
Minenill
Wesle
Pennsylvania
Eee
Pee Salt Co
Hila. Co
Phila
Elec
Seeeeds Ng
Sa .Phila. Bourse
Phila. Traction
Yeas Eels
Southern Fytate Emerg
Belmont
Tootopan
Nopuh
Ton Pacific
Union Traction
U. G
West N. Y. & Pa
Westmoreland Coal
Boston Stocks Edge Higher on Local Demand
Boston market shows little overall change but prices rise slightly with Amalgamated up about a half point. Local trading dominates with activity in Atlantic, Arizona Commercial, Miami, Nevada, Old Dominion and Massachusetts issues showing strength. closing prices remain firm.
MENTIONED IN THIS ARTICLE
New York Times
Boston
Atlantic
Arizona
Miami
Nevada
Old Dominion
Massachusetts
Closing Transactions at Local Sadie Market
Colorado Springs Oct 20 closing market list shows bids and asks for Elkton aa 65% 66 14, Pharmacist 31% 3%, El Paso %g 44, Vindicator 50 2, Rawlings 21mg 14, Work 9% 11, Gold-Dollar St S% %!, Portland 100 105, Isabella 28 15 29%, McKinney 23%.
MENTIONED IN THIS ARTICLE
New York Times
Colorado Springs
Elkton Aa
Pharmacist
el Paso
Rawlings
St S
Portland
Isabella
McKinney
Philadelphia Prices Special 19 The New York Times
The Treasury condition at the opening of business today is reported in brief as part of the Philadelphia prices brief. The update notes the level of government finances and market indicators as of the morning in question.
MENTIONED IN THIS ARTICLE
The
New York Times
Washington
Treasury
W. R. McDowall & CO
New York Stock Exchange
Wall Street
New York
Hanover
Wabash Railroad Directors Re-elect Officers in Current Year
Closing transactions on the local exchange report that Wabash Railroad directors re-elected all existing officers including President Delano. Rumors of adding a Harriman representative to the board are proven unfounded as the entire slate is retained for the coming year.
MENTIONED IN THIS ARTICLE
Wabash Railroad
The
Road
Delano
the Road
Rockefeller interests gain control at Colorado Fuel board
Five new directors elected at the annual meeting in Denver represent Rockefeller interests. New directors include Gates, Star J ure R, H I Cooper, J C Beaman, and J Winter. Retiring directors include Kewin Gould and other longtime managers.
MENTIONED IN THIS ARTICLE
Colorado Uel and Iron Company
Denver
Rockefeller
Gates
Star J. Ure R
H. I. Cooper
National Railroad of Mexico Reports Small Earnings Decline
The annual report shows gross earnings of 15 601 201 dollars, down 273 568, with net earnings of 3910 159 dollars, down 30 681. President Brown notes some improvement recently, despite Mexico mining market weakness. Directors were re elected at the annual stockholders meeting.
MENTIONED IN THIS ARTICLE
Hhe
National Railroad of Mexico
Brown
Mexico
Stakhuilders
Harriman Rules Out Huntington Tract Proposal
Circulation claimed California electric track lines would be turned over to Huntington interests. Harriman denies knowledge of any such proposal. Huntington and Harriman already share interests and had long settled construction differences.
MENTIONED IN THIS ARTICLE
California
H. E. Huntington
E. Harriman
Huntington
Oes
Mr. Huntington
Harriman
Regular Auction Sale Of Stocks And Bonds
Auction notice for an executor estate sale of stocks and bonds to be held Wednesday October 21, 1905 at 1225 o'clock at the Exchange Salesky 14 and 16 West Street. Items include United States Steel, Standard Oil, Am Sugar Ref, Am Cotton Oil, Allis Chalmers, Met Street Transport, various railroad and bank bonds, and other securities listed by Adrian H Muller & Son for the estate of Samuel K Stoutenburgh.
MENTIONED IN THIS ARTICLE
Andrew J. McCormack
Adrian H. Muller & Son
William O
Wese
Samuel K. Stoutenburgh
United States Steel Corp
United States Steel Co NP
Utah
St. Paul
Hudson River
Pac. R. B
Cellulata. Co
West Isth
Beekiel R. Thompson
Lake ‘ Harris
County of Lake
Rork Island & Pacific BR. Col
P. c
Kick Baking Co
P. c. Mige
Ponds
Ala
Hateoh
State Line Telephone Co
Meath
Mandarin Mineral Paint Co
Miortia
Havana Oe Oat Co
Watertow “i & Ogdensbatsry
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