Trading Activity on Produce Exchange Shares
Trading was light in the mining market on the Produce Exchange yesterday with total transactions totaling 1 200 shares of Branch Mint a.
Weakness in Stocks With Decline Through Late Session
Stock prices drifted lower as the market closed near session lows. Closing quotes show widespread declines across many issues including Am Beet Am Can pref Am Tel Am Wool and a mix of utilities and rails. Treasury receipts and expenditures for the day and month are reported with a sizeable year to date deficit.
MENTIONED IN THIS ARTICLE
Col Fuel & IL
Coli & South
del & Hudson
den & Rio G
Gen Electric
Hoek Val
Tllinois
Iowa Central
Rails
Southern Ry
U 5S Steel
Utah
Va-Car
jWarcéckay Cos
SM & St L Mo Kin Tex
Nat Biscuit
J North American
Pacific Mail
Ipccaml
iTexas & Pac
jTtTs
L&é&w
Wabash
Mexican Central
Missouri Pac
North West
Northern Pac
Benn Railroad
Peo Gas & C
Sti Spring
Xl Éo Land Trust
Tol Ry & Lt
Twin City RT. Ress 'UN Rag & P Pf
Union Pacific
Wmivuscipe
West Maryland
Washington
Sub-Treasury
Clearing House
Downward Stock Market Amid Mixed News and Rate Cut Hopes
The market declined across most issues after a weak session despite a late rally. Northern Pacific rose to 127 and closed at 126½, while Amalgamated Copper cut its dividend amid copper stagnation. The Bank of England cut its rate, boosting hopes for European conditions, and call money remained ample.
MENTIONED IN THIS ARTICLE
Stock Exchange
Bank of England
Northern Pacific
London
England
Europe
Amalgamated Copper
United States Circuit Court
E. H. Harriman
Otto H. Kahn
Union Pacific
Interstate Commerce Commission
Harriman
Money Market and Exchange Rates Report
Money on call opened at 4 percent with closing at 4 percent, demand light due to easy rates. Foreign exchange opened strong with Sterling around 4.86, short francs near 5.17, long bills rising. domestic exchanges show varied premiums and discounts in major cities. Government receipts and bullion markets noted but not detailed.
MENTIONED IN THIS ARTICLE
Mercantile
London
Reichsmarks
Tiermmuny
France
Belgium
Switzerland
Holland
Boston
Chicago
St. Louis
San Francisco
New Orleans
Cincinnati
Savannaah
New York
Philadelphia
Baltimore
Moedrid
Lisbon
American securities abroad market wraps in London
London closing quotes show weak sentiment for American securities with mixed prices across rail and industrial issues. Foreign money markets reflect modest London call money rates and discount levels as Berlin and Paris rates hold, with Paris exchange quoted and British consols offered.
MENTIONED IN THIS ARTICLE
London
New York
Anatom
Symons Ieee
Atchison Tithe
Paul
Bate
We Nees
Cent Hills Wills
Louis & ToAls Wark
Ta Iihitlers
Berlin
Paris
Paris Exchange
Bargold
Berlin Exchange
Bank of England and Bank of France weekly balances
London reports rise in total reserve by 1.593 million pounds and a 1.62 million pound bullion gain while circulation falls 573000 and government securities drop 2 million. France records notes in circulation up 3.175 million francs and treasury deposits up 3.9 million francs with general deposits down 70.975 million francs.
MENTIONED IN THIS ARTICLE
London
Bank of England
Paris
Bank of France
Local German Bond Notes and Regional Economy Snippets
Fragmented OCR notes list bids and asks for Cologne Munich Augsburg Saxony Hamburg and Hessian regions. Mentions Bavarian and Hessian governments, values around 45 to 92 with references to gold and market figures.
MENTIONED IN THIS ARTICLE
Cologne
Munich
Augsburg
Saxony
Hamburg
Trust Companies. London Paris Address Data
London and Paris trust companies listed with offices at 18 Bishopsgate Street and 78 Rue de Richelieu offering letters of credit bills of exchange and cable transfers.
MENTIONED IN THIS ARTICLE
London
Paris
Bishopsgate St
Rue de Richelies
Market moves in mining stocks and securities
Outside securities speculation remained brisk with mining stocks showing gains as prices improved. Nevada-Utah led activity while several names like Cumberland-Ely and United Copper traded unevenly amid mixed declines and recoveries. bonds of Adams were noted.
MENTIONED IN THIS ARTICLE
International Salt
Chicago Subway
Nevada-Utah
Nevada Consolidated
Cumberland-Ely
North Butte
Superior
Pittsburg
Giroux
Douglas
United Copper
Butte-New York
Butte Coalition
Adams
Foreign trading and new directors in stock exchange notes
Transactions in foreign accounts total about 5000 shares with emphasis on United States Steel Missouri Kansas Texas. McKee and Colgate Hoyt admitted to the New York Stock Exchange. Lawyers Mortgage Company reelects rectors except two, others replace. Bond and Mortgage Guarantee declares a quarterly dividend payable February 15. Listing application for 2 006 000 dollars St Paul Manitoba Railroad bonds. E Niese named director of American Sugar Refining Company as board size expands. Harry T Huckberger and D F Gaines admitted to Consolidated Exchange membership. Large copper sales reported with one agency handling 15,000,000 pounds.
MENTIONED IN THIS ARTICLE
United States
Missouri
Sas & Texas
William A. Lamy
Audbach
W Duane
William S. Stanhopt
Directors Bond and Mortgage Guarantee Company
New York
Englewood
Stock Exchange
M@liige
Elected Assistant Secretary at Lawyers Mortgage Company
Peter Hamilton was elected assistant secretary of the Lawyers Mortgage Company while George Beckel resigned from his post.
MENTIONED IN THIS ARTICLE
Peter Hamilton
The
Lawyers Mortgage Company
George
Beckel
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Pine St
Schmidt & Gallatin
Investment Securities
New York Stock Exchange
Broadway
Eyer & CO
Sy Wall St
ECOM
J. Thomas Reinhardt
Ands
Brooklix Rapid Transit Company
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Ios
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New York City
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Manhattan
F. T. Martin
Seiacine Oy Fire Alarm Company
I Broadway
Welock
E . Richards
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Ames J. Wshaughnessy
Fourth National Bank
City of
J. Baward Simmen
Cornelius N. Bliss
Charles Stewart Smith
W._ Stuart
Fehard T. Wilson
Wiliam
Harles H Pat
RSON
Casi
EE _ AMALGAMATED COPPER COMPANY
Amalgamated Camper Company
A. H. Melin
Office Homestice Mining Co
Mills
Broad Street
New
Ounsbery & O
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Cth Ave
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Hamtpen Robb
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Railrad
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TIM. Tau
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RSIS
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Nol
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Ind & L F
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Inv
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I . LE
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William Street
Fifth Avenue
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James T. Woodward
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Robert M. Gallaway
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Stephen Baker
Manhattan Company
Valentine P. Shyder
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Vernon M. Davis
Supreme Court
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the Thomas
Davis
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Canadian Pacific
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gsu'Gt
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