Securities Values Higher in Market Report Day Summary
Closing prices of principal active securities rose with varied gains from Saturday quotations. Foreign exchange closed steady with Sterling and Franc rates, domestic exchanges listed by city, and call money in London. Government receipts and sub treasurer figures show daily and year to date movements.
MENTIONED IN THIS ARTICLE
New York
Boston
Baltimore
Philadelphia
Chicago
Ball
London
Berlin
Berlin Exchange
Paris
Paris Exchange
Madrid
Lisbon
Buenos Ayres
Washington
National Bank
Sub-Treasury
Clearing House
Day's Stock Market Advances Amid Bullish Tone
Strength and activity marked yesterday's securities trading with many advances in early hours and near best finish. Out of town long accounts and strong broker demand fueled gains while some profit taking and short selling occurred. Analysts foresee a potential set back before year end but anticipate a stronger bull market in January, aided by lower money rates and rising cotton and grain exports. Sub Treasury transfers to New Orleans reflect sugar trade needs. Top performers included St Paul, Atchison, Reading, United States Steel, Gould stocks, Union Pacific, Sugar Refining, Amalgamated Copper and Rock Island with Rock Island preferred favored for its 4 percent yield and growing earnings. Western rails report strong weekly traffic. Chicago corn receipts tripled year over year.
MENTIONED IN THIS ARTICLE
Ask
Adams Express
Albany & Sus
Allis Ln
Imers
Bea
Amer Agr
Hide & L
Amer Cotton Oi
Amer Dist
Amer Express
Amer Linsee
Amer Maltine
Amer
Ers
Wits
AR ' Aero
Am Tel & Cible
Amer Woolk
Atchison
Eall & Ohio
Boston
Brunswick
Buff RK & Pitts
Butteri
Ches & Ohio
Chicago & Alton
PM & CO
Anu Ee
Col & Southern
Esa
Hig
SOO
American Elevated Co
Col
Sale
Amer. Light & Trac
Valley Co
Aberdeen
notAm Car & F
Ima
American Bank
Ton & Fic
American Brass
Bay State Gas
Lea Am
Pine
William E. Nichols & Co
Des M & Ft D
G's Am
American Palace Car
Southern
Canadian Pacific
Detroit Son
Aig Ro
Ohio
Snow Chi & Alton
Soda Foun
United R
Mutual
Mil & St P
Am Coe
Chi Union
Tike American Thread Co
Js&s Am
Brooklyn Union
Col Fuel & Iron
Erie
Ray
Lee
Erie Teeseavesients
Bae Mes
Central
Evans
Louis & Nash
Manhattan
Ss. Jas
Bliss E
Bliss
Ivy
Missouri Pact
Roluloid Company
G's N. Fireworks Com
One & W
Atte
Faa
Exdipe Tnt
Norfolk & West
Tist's Tits
Pacific Mail
Chie
Ele
F&a
UN. Water Co
Water Co
Deny Gove
Pire
Suga _ s&s
Tamrin
South Pacific
Esire S. Sugar
Ky Ae
Gorham Manuf
Astral
BSA
Tenn Coal & Iron
Hudson River
Texas Pacific
H. M. Co
Oxwe
Inter
Elevating Co
le Gas
Centra
J. B. Stetson
Aa&i
J.B Stetson
Ivrillard
Lund
Lanston
Maine
U. S. Bond
Man Beach
National Enamel
N. V. Stevedore
Minn & St Louis Io
Clinton Gilbert
Wall St
Dominion
Mo Kar
Tex Pitts Bess
L. E
Penn
Salt Manuf
Lees
Planters Compres
Capital
Wien
Nash & Chat Laat
Planters
Pratt & Whitney
East
Procter & Gamble
Astor National
Broadway
Butchers & Drow
Consolidated
Securities Consols
Vie Central
Simmons Hardware
Too
Chase Century
Ace Iz & I Fr
Hotham
Singer Mfg
Simpson-Crawford Co
Chemical
J. A
Mill co +e
Stan. Mil. Co
Columbia
R &F
Norfol & West
Stan. Mill Co
Stern
Aos & & Aa
Stan
East River
Ontario
Swift & Co
St. Ferry
A&o
Fifth National
Fifth Avenue
Weller
Trenton Potteries
Fourteenth Street
Peoria
Tangi
Trenton
Gallatin
Eee
Serport
Peo Gas & Cole
nan-Amer Tho
S&f & Ms
Germania
Greenwich
Cory
Oh Union Typewriter
Hamilton
Ne Union Typewriter
A&oo
Hanover
Wm & TF
Eos
UN. S
Jefferson Tman
R Securities
St. IL
St. I
Tob. Co
Toh. Co
Mandetta
Market
Fulton
Metropolis
Rens & Sara Glass
Wey
Tron & Sd
UC Glass
Mercantile
Rockland
Westinghouse Air
T Ss
Worthington
Exch
Rome
Fount Morris
Yu Mutual
Nassau
Ralland
St Jon & Gr I
Nat
Bank of US
New Amster Nat
North America
St Louis
Lasare
Nero Park
Oesci & F
Atlantic “Ave
A&o Ios
A&o Phenix
Bklyn Heights
Rope & T
Bhiyn
Cews
Peo & West
Lorimer
Grand St & N'n
F&a United Nat
Twin City
Jamaica & Bk Fst
Varicka
W & Fi
Washington
Union Bag & P
Sea Beach
A&o Eit West Side
Union Pacific
Yorkville
UN Ry Inv
Ors &Swe
Cipé&F Fs
Nde Caine
Wabash
Wells Fargo
West Union Tel
Set Agife
Westingh
Aoa
Ison
le Coe
Eae
Wisconsin Cenele
Nya
Boas
Byot
Wall Street
Congress
New Orleans
Sub-Treasury
St. Paul
Atchison, Reading
United States Steel
Gould
Tnion Pacific
Sugar Refining
Amalgamated Copper
Rock Island
Rock Island Preferred
Chicago
Government and Railroad Bond Market Summary
Government bonds held steady with final quotations noted and varied bids. Railroad bonds showed strength with total par sales around 5,013 dollars and heavy activity in numerous issues including Atchison, Baltimore and Ohio, Central of Georgia, Chicago lines, and Union Pacific converts, plus several 4s and 5s issues across the sector.
MENTIONED IN THIS ARTICLE
Colley
Atchison General
Baltimore and
Thio
Central of Georgia
Chicago
Burlington and Quincy
Rock Island and Pacific
Kansas City Southern
Oregon Short Line
Reading General
Southern Pacific
Union Pacific
Walfish Debenture Bs
Wisconsin Central General
Colorado Fuel and Iron
Consolidated Tobacco
Money market rates show steady gains and varied terms
Money on call opened at 4 percent with highs to 6 percent and lows near 54 percent. Last loan was 6 percent, closing at 6 percent as the ruling rate. Time money quoted at 6 percent for sixty to ninety days and 5 9/6 percent for four to six months. Commercial paper listed at 6 percent for sixty to ninety days and 6 64 percent for choice four.
Financial Market Summary and Vanderbilt Meetings
The market featured a generally quiet tone with consols easing to 92 percent amid demand for money in London and Berlin. Bank of England gold reserves fell as rate hopes persisted. a rate rise before year end was uncertain. Highlights include loan quotes for major firms, Vanderbilt company meetings expected to be formal with no dividend changes, New York Central quarterly results showing a strong surplus, and a large New Orleans money transfer to support the sugar crop. Wabash and Missouri Pacific dividend plans and a forecasted locomotive boom were noted.
Outside Securities Rally As Markets Close Strong
The outside securities market shows a stronger tendency with broad gains over Saturday. Northern Securities leads with reports of a 5 percent basis next year, as 123,000 shares traded amid profit taking. Standard Oil, American Can, Seaboard Air Line, and Montreal and Boston show notable activity, while International Mercantile Marine weakens and copper shares stay firm.
MENTIONED IN THIS ARTICLE
Northern Securities
Standard Oil
Seaboard Air Line
Hackensack Meadows Company
North American Lumber and Pulp
International Mercantile Marine Common
Montreal
Boston
Tennessee Copper
Greene Consolidated
Virginia Coal and Cokers
Chicago
Indianapolis
Louisville
Bay State
Securities and Stocks Listing Furnished by Nichols Co
Listing of miscellaneous securities including active stocks and street railway companies. Data supplied by William E Nichols & Co at 15 Wall Street notes current market instruments and associated listings.
Street Railroad Bonds
Street railroad bonds reported by William E Nichols & Co of 15 Wall Street with details on offerings, terms, and market reception. Investors note yields, maturities, and the status of bond sales in the municipal finance column.
Railroad Earnings Across Networks in Second December Week
A summary table lists earnings and miles for several railroads including Alabama Great Southern, Cincinnati New Orleans and Texas Pacific, Mobile Jackson and Kansas City, Texas Central, Twin City Rapid Transit, Chicago and Northwestern, and National Railroad of Mexico. Figures show miles operated, week reference, and totals from July 1 to December 14.
MENTIONED IN THIS ARTICLE
Alabama
Great Southern
Cincinnati
New Orleans
Texas Pacific
Ste
Mobile
Jackson
Kansas
Texas Central
Twin City
Chicago and Northwestern
Sihwae Isan
PTD
National Railroad OF Mexico
Wall Street and Exchanges Foreign Trading Report
Foreign houses dealt in large share volume, selling on balance, with some buying of stocks in London for New York account and local sentiment bullish. Market activity showed cross Atlantic trading and cautious optimism amid shifting ledgers and prices.
MENTIONED IN THIS ARTICLE
Wall Street and Exchanges
London
New-York
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New York City
The
Bronx
Colonial Bank
Olumbia Bank
Wavience
Fourteenth Street Bank
Gansevoort Bank
Oey
Hamilton Bank
Mount Morris Bank
San
Fee Mutual
Jae A
Oncom
Riverside
Hens Fidelity
Jefferson
Sey Bank of
W. S
United National
Brook Bedford
Brooklyn
ANT
Htal
T Tech
Nassau National
Celany National
Somrea
Ae Sprague National
Soy ——S Union
Ieee
Ae Olially
Ae Wallabout
Aetelee
Teerris
Richmond
Bank of Staten Island
First National
Wseu Ose
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Cerese
ADM
Hudsor Co
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Stock Exchange
Pac Trust
T&s
Nor & W
South
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Orient Ger
St L&s F
Isner & Hindson
Ae Hee
Illinois Central
U S Steel LL
Kan City South
Ea Faz
Missouri Pac
West U Tel
Wis Central
MK & T
American Securities Abroad
New-York N Y
Canadien Pacific
San Ness
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New York Man
Money and Exchange
R. Lay & Co
Nassau St
Best & Albany
Boston & Me
Atlantic
Cireub
Arcadia
Bingham
Fitchburg
Cal & Hecla M
Nynh & H
Neaes
Franklin
West End St Ry
Mass
New-Eng
Parrot
Tel & T Co
Quincy
Westing
Wolverine
Dom Iron & Sdl
Aes Ee
Dominion Coal
Tracy & Co
Wall-st
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North Chicago
West Chicaxo
Union Traction
Metropolitan
de Haven & Townsend
North Penn
Enuwes
Penn Steel
Cambria Steel
Eesbocce
eesbocce Con Tr of N J. OS1y 6%4/ Penn El Veh co. — Stamond Steel. tasweane
Elec St Bat Co
Phila Elec Co
Eeescen
Elec Co
Amwe
Phila & Eric
Ims Co
Fmt Park T Co
Sus Iron & Steel
Ma Tidewater Steel
Lehigh
UC Cos
N J
Banseae
U Gas Imp Co
Welsbach Co
Asp Co
Newark Pats
Pay Co
Bank of England
Anaconda
American Ice
Atchison Common
Brooklyn Rapid Transit
Baltimore and Ohio
Colorado
United States Leather
Western Union
Vanderbilt
Vanderbilt Companies
New York Central
Missouri Pacific
Missouri Pacific Railway Company
Loree
Nts
Best & Heleher
Caledonia
Wolcon Cal & V
Hale
Mollie Gibson
Ophir
Ing
Outside Securities
Waill-st
Manhat
Nat B
Cuba
IM & B Cop
Nat'l
Bay State ¢ Tos 110 IN EB Cons Ice. Tis Borden
Ry Co
Camd & T Ry
Camden Lane
North Securities
Soe
Otis
Champion Oil
Consol
Ides & FF RR
L & Su
J.&d
Tie Electro
St Louis Trans
Tenn Copper
Ours
M & St
So Ee Inc
Greene
Gugge Expl Co
Ave RR
J. Houst
N. Q
Inter M
Va Coal I & A
Ewecetee
Wash Tr Co
Geb Beers J
P C
Cceccan J. & J
Keystone Mag. Majestic Ave
William E. Nicnols & Co
Ferry Companies
Walley
Hoboken Ferry
NY & ER Ferry Co
Q.-M
Union F
NY & Stock
Jecp
William BE. Nichols & Co
Amer Light & Trac
A. &C. Mn Buff
Tra Burtes & P Co
D. Colum Gas Co
New-Haven Gas Co
L& P Co
Syrtcuse Gat. & I