Stock market strong report with rail and bank gains
A stock market summary notes strong activity in railroad and other stocks with a surge in banks cash holdings and surplus reserves. Foreign exchange bonds traded with varied prices and net changes, listing several issues such as Am Tob e and Atlantic T 4s along with others showing gains and declines.
MENTIONED IN THIS ARTICLE
At&s
Atlantic
Col & So
Pac
Collateral Trust Notes Daily Salew Totals
Unlisted total salew shown for the day under collateral trust notes with amount 681,647 recorded in the sale ledger.
Stock Market Advances Amid Strong Opening Session
Initial prices rose and gains persisted through a heavy two hour session with over 1,290,400 shares traded. American Smelting and Refining fell 2 points while bonds showed Wabash-Pittsburg Terminal 4s opening above Friday and closing at 47.5. Banks reported a cash gain of over 26 million with deposits rising and reserves up by about 22.6 million. Foreign exchange advanced with sterling at 4.8685 to 4.87, sparking talk of gold exports and renewed government deposits.
MENTIONED IN THIS ARTICLE
United States
Supreme Court
Bonaparte
Wabash-Pittsburg
Cortelyou
Money Market and Foreign Exchange Report
Money on call at 3 percent with time money easing to 5 percent in week trading. Some loans as low as 6 percent on Friday. overall moderate business. Ster ling, francs, reichs marks futures cited. gold export figures noted. Domestic exchange quotes across U S cities and silver and Mexican exchange listed.
MENTIONED IN THIS ARTICLE
Mercantile
Foreign Exchange
Sterling Exchange
BME Co
Oreee Eee
Germany
Reichsmarka
Paris
Belgium
Switzerland
Holland
Boston
Chicago
St. Louis
San Francisco
New Orleans
Cincinnati
Savannah
London
Madrid
Lisbon
New York
Bid and asking figures from historical bond notes
A fragmented OCR list shows bids asks and performance percentages across dates from 1934 to 1957. Entries cite May November and May 1957 with varying rates such as 106 percent, 103 percent, and 97 percent, alongside references to bigs and free issues in Nov 1934 and 1955.
Outside Securities Show Mixed Gains In Mining Stocks
Speculation in outside securities remains firm with several low priced mining stocks advancing. Butte Coalition, Boston & Greene Cananea climb, Nevada Consolidated and Cumberland Ely fluctuated narrowly while Micmac and other names rose. Goldfield field equities also improved with Goldfield Consolidated up and Daisy gaining. Bonds Conso lidated Steamship and Adams Express inched higher.
MENTIONED IN THIS ARTICLE
Butte Coalition
Boston
Greene- Cananea
Nevada Consolidated
Cumberland- Ely
Micmac
Superior & Pittsburg
Nipissing
Gold Hill
Union, Dominion and Greene
Houston
Goldfield
Goldfield Consolidated
Daisy Rose
Bonds
Consolidated Steamship
Adams Express
Foreign Trading Activity Dominates Saturday Market
Operations for foreign accounts in this market were robust on Saturday with large buying, including 25.9 shares of United States Steel and smaller amounts of Union Pacific and Southern Pacific. The London market opened weak then closed higher as overall sentiment strengthened. Deferment of the 1 percent quarterly dividend on American Shipbuilding stock was settled with 6 percent interest from December 2. Bank clearings for the week ending January 15 totaled 2,515,465, against 2,429,099,402 last week and 443,969,727 the prior year. Warner M. Van Norden received a loving cup from Van Norden Trust directors for leadership during October panic. Chicago Street Railway reorganization limits further deposits after January ?, with substantial deposits already made. Cotton receipts fell to 22.1% bales for the week, down from 28.4% the prior week, and total since September 1 shows a drop of 1,084,930 bales. Neilson Olcott named cashier at National Bank of Commerce replacing ill health retiree William C. Duvall. Union Pacific convertible bonds worth 1,741,500 were added to London quotation list.
MENTIONED IN THIS ARTICLE
Adams_ Express
Allis-Chalmers
Amer Dist
Amer Express
Amer
Syne Hide & L
Amer Steel
Shelde
Amer Sugar F
Amer Tel & Cab
Batopilas Mag
Balto & Ohio
Ry Sosa
Bethlehem Steel
Brooklyn
S U
Brooky Inn
Brunswick
Buff R & P
Butterick Co
Canada
Co & So Am Tel
M & St P
McEc
GOSCO
Wwe
Iron Cars
Col & Southern
Corsol Coal
del Hudson
Am & S
Mer Marine
Fs& A
Aeuk & Dane
Lake Erie & W
Nash
Mackay Cos
Manhat Heac
Manhattan
Michigan
St Louis
Pacific
M&s
New York Dock
V &N J Tel
BCU
Wee Industrial
Nh&h
O'S
Erie
Norfolk & West
Ing
Bay State Gas
Northern Pacific
Consol
Lily
Lint Steamship
Lake
Ontario Silver Coast
Manhattan Tran
Acacia
Pacific Mail
Penn RR
Peoria & Eas
Penn U
Pittsburg
Hicago Subwa
Panama Canal
Pullman Pal
Lass
London
Ameri
Can Securities
Arcadian
Atlan Feld
Clinton Gilbert
TI Street
Bos
Jincotl
Republic
Isla
Butte
America
Butte & NY Am Exchange
Rock Island
Belt Central
Tna National
Amalgamated 52'S
Baty
Colonial Silvek
Atchison
Rome
Wwe Ossar
Con Ariz Smelt
Battery Park
Meechaani
Psn
Rutland RR
Bowery
Mech & Trad
Baltimore & Ohio
Sl& SF
Daly-West O
Bronx
Davis-Daly
Butch & Drew
Metriitan
Chesapeake & Ohtoss
C&f Efs
Diamondfield
Coal & I Nat
Chicago
Gt West
Ste
Denver
Bae
Sears-Koeb'k
Tso
Douglas Copper
Oy Chase
Nassau
Allinois Central
Helsea
Kansas
Texas
Goll Hill
Ts Commerce
New Netherland
Goldfield
Louisville & Nashvill
Goldfield Daisy
Columbia
Texas & Pacific
Rts
North Amelee
Do Land Trust
Greene
Fidelity
Toledo Rys & Lt
IL Te
First National
Tol St L & W
Greene Gold
Park
Northern Pact
RG AZ
New York Central
Twin City
Guanajuato
Pennsylvania
Tambo
Plaza
Reading
McKinley-Darrie Gallatin
Icmac
Garfeld
Riverside
Union Pacific
Se 400
United
Mitchell Mining
Germania
Raliwa
Montez M & S
Greenwich
Twelfth Ward
United Ceepf
Nevada
Hanover
Southern Pacific
Ismju SC Ipef
Nevada Smelting
Tnion Exchange
St Paul Wee Oe
Exchange Union Pacific
Texpress
Interborough
Washington
Irving Nat
West Side Noone
United States Steel
Jefferson
North Butte
Liberty
Yorkville
Red Hill
New York
Utah Copper
Zlig
Union Mines i
Log & WV
Adalia R R
Bingham
Berlin
United Rico
Eaesee
Paris Exchange
C & SL
Chie & Ind
Berlin Exchange
Cp&gc
Paterson & Pas G
Wells Fargo
Pitts
Denver Gas
West Maryland
Isa
West Union Tel
Westinghouse
Adams
Fort West
Wheeling & LB
Lao St & Tr
St Paul Gas
Sl&p P
United States Steel Common
Union
American Shipbuilding Company
United States
Wee
van Norden
van Norden Trust Company
Warner M. van Norden
Chicago Railways Company
Chicago Street Railway
Financial Chronicle
Bank OF Commerces
Neilson Olcott
National Bank of Commerce
William C. Duvall
London Stock Exchange
Union Pacific Road Company
Also Mentioned on This Page
THE
Hamilton Bank
Exchange
Boston, Mass
Frank L. Grant
J. Thomas
Greene Cananea
Nevada - Utah
Consolidated Exchange Sales
Reinhardt
Broad St
Cumberland -Ely
Maryland Coast
Broadway
Maryland Coal Com
A . Nedham
Lawsale
Amal
Car & Fay
Arma
Bklyn Ran
Ches & Ohio
Az iChie Gt West
Col Fuel & T
Securities Ae
Northern Pf Ae
Steam Ff
Louis & Na
Mo K & T
Nat Trad
Ren
Airs
Tatathern
Eee
Ieee
Atlanta
Eeerer
Best & Reich
von Montgomery
de Pharma
St Oes
Chestnut St
Philadelphia
Pine St
Eastern Ill
Connecticut
Rhode Island
F. J. Lisman & Co
N. Y. Stock Exchange
Mutual Bidg
Hartford
N ¥ Stock Exchange
Schmidt & Gallatin Investment Securities
New York Stock Exchange
Redefic H. Hatch
Skene
John B. van Schai
Derby Crandall
Cable Tarpoleum
VAR Schaick & Co
Stock Exchange
Exchange and Chicage Board of Trade
Wall Street
Gotham
Sid Ave
56Th St
East German St
Baltimore
Bread St
Newark
Oriental Bank Title Guarantee‘ & Trust CO
Corn Exchange Bank Bond & Mortgage Guarantee CO
Fred’k F
Inter-Trust Security Co
Water St
Annetruc
Makeever Bros
Éress Westone
New York Tribune
Manufacturing Plumbing Corporation
Madison St
Hoseken
New Jersey
Fourth National Bank
City of
Edward Simmons
Lorenus N. B1iss
Charles Stewart Smith
Robert W. Stuart
Richard T. Wilson
William S. Opdyke
James G. Cannon
Eugene Delano
T. Frank Manville
Greens H. En Mem Mtricks
Mr. Semmens
Charles H. Patt
Greenwich Savings Bank & EK Cor
James Quinlan
Charles M. Dutcher
Treas Gr
Hampden Robb
Covey
JAK
Stock Market
Kan City
Glint
Y Am Ag Chem
Glint Pump
Iowa
Louis & Nash
Nyc
Mackay
M & St
St Inc
Missouri Pac
Nat Biscuit
Nat E & St O
Arist
Nat Lea
NY & H
Tim
Ae Northern Pac
Sig
Dow
Togo
Atecast
Coast Wits
Ratopilas
Penn Railn
Peo Gas
Iren & Su
Ches & Cho
Southern
Ak Chic Union T
Tex & Pac L
St I
Ry & It
L& SF
Bag & P
BP M
SA & AP
Pacil
Cé&Ac & I
del & Hudson
den & Rio G
R& Imp
Tor & R
Utah
M & S Pf
Vo-Car
Gt North
Pm&o
S West
U S Steel Sfs
Saale
D& i
Wal
Tony
Cena
American Car & Farr
Atlantic Fine
Ana
Baltiore
Ohio
Chiago
Northwestern
Ms Paul
Great Western
Iron
Delaware & Hu
Rio Grande
Wits
Great Northern
Central
Illinois
Kansas City Southern
Nary Toursville & Nashville
Missouri Pacific
Missouri Kansas & Texas
Central & Hu
Ontario & Western
Norfolk & Western
Skid People’s Gas of Chicago
Pennsylva
Republic Iron & Steel Irm
Omy
RSIS
Slace
Sheffield Steel & Iron
Southern Railway
Southern Pacific TA
Texas & Pacifics
Toledo
United States Rubber
weirginia-Carolins
Western Union 5S
Wisconsin Central Pret
Asiow Assistates
Neer
Swartwout & Appenzellar
Yieln Am Cigar Co
a.Am Tel & Tet
Coast Line
Ok Chi RE & Pac
Wt & W Ind
Az Hudson
Money and Exchange
van Schaick & Co
United Railway
Norf Ry & L
Chas City Ry
Seaboard
Chas Con Eiec
Union Trust Nefer Wo
Third Nat Bank
Do Meyear Fidelity & Dep
Maryland Gece Tcl
Nor Ry
New York City
Outside Securities
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