European Markets Show Hopeful Turn Amid Taft Fervor
Wall Street entered the week buoyed by anticipated Taft victory in New York and a rally in bonds, with business leaders funding the Republican campaign. Railroads plan large purchases after election, steel and copper trades rebound, and European banks report ample reserves, signaling broad money ease despite Balkan tensions.
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Money still easy in London as Treasury bill issue looms
London money market ends the week firmer after the announcement of Treasury bill issue. Traders await payments due tomorrow and expect further moves in Throgmorton Street. The size and use of the funds will determine whether London rates stay easy or shift.
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Outside Securities Notice on Dividend Periods and Stock Par Value
The notice outlines dividend periods and payment frequencies such as monthly bi monthly quarterly semi annual and annual. It notes that extra dividends may be included and that a par value is inserted after the stock name. The document also references proposed stock transactions and indicates amounts like 1060.
Berlin Markets Endure Clouded Political Outlook
Berlin reports a tense market as political horizons stay clouded yet money remains plentiful. Despite dull trading and government tax plan fears, steel iron and coal issues mostly advance while government securities buoy the market, aided by Germans and Russians. Emigration slumps and Lloyd line rumors impact preferred shares.
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Paris Stocks Rise on Rumors of Russian Issue
Paris at end of week saw bears cover as rumors of a Russian issue for early November circulated. No confirmation appeared, but speculation revived buying with rentes firm and gold stable. French and Spanish rails eased as tensions softened and markets steadied.
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