Stocks Advance On Heavy Buying
Total sales for the day reach 987,836 shares, up from 476,337 the prior year. Year to date through July 20 total sales stand at 91,493,231 shares, versus 121,896,080 in the same period last year.
Outside Securities Market Report Sees Gains Across Sectors
The market showed broad activity with outside securities leading gains while mining issues surged. Standard Oil rose 10 points on light volume as Chicago Subway and Manhattan Transit advanced, and mining firms Jim Butler and Tonopah Mining posted notable gains. Bonds were dull but steady with National Railway of Mexico 42s trading higher a fraction.
MENTIONED IN THIS ARTICLE
Standard Oil
Chicago Subway
Manhattan Transit
American Tobacco
Jim Butler
Goldfield Consolidated
Tonopah
Cumberland-Ely
Nevada
Nipissing
la Rose
National Railway of Mexico
American securities abroad market brief
London reports a strong market for American securities with quotes from London and New York. Notable closings include Anaconda 44 1/2, Atchison 56 3/4, Can Pacific 168 1/2, St Paul 140 3/4, Erie 20 1/2, Reading 146 1/2, Southern Pac 61 1/2, Union Pacific 152 1/2, US Steel 43 1/2, and other issues with ex-dividend notes and foreign money rates.
MENTIONED IN THIS ARTICLE
London
New York
Anaconda
Atchison
Pennsylvania
Reading
Southern Pac
Union Pacific
US Steel
Ing
Il i
Allis-Chalmers
Thy
Ant
Fary Sue SY
Coon Ou
Lee
Top & SF
Balt & Ohio Cens
Bnots
Canadian Pacific
TSM Tes
Linn A
Ohio
Chi Mil & St Paul Lal
Erie
Kan
Texas
Mo Pacific
Tom
NY Central
West
Nor Pacific
North Western
Pacific Mail
Republic Steel
Accenes
Rock Island Betygat
Con Rock Island
Southern Pacific
Texas Pacific
Steel
Utah
Non-Member Banks Weekly Averages Report
The weekly statement of averages for non member banks in New York City Brooklyn Jersey City Hoboken and Staten Island shows July 18 changes in investments 86 716 200 up 897 800 circulation 1 831 500 up 16 900 net deposits 106 587 500 down 461 400 deposits with Clearing House 15 224 800 up 2 353 100 loans discounts not clearly shown deposits with banks and trust companies 4 293 0 legal tenders 681 100 reserve required 26 646 875 up 115 320 liabilities 5 126 025 down 1 363 250.
MENTIONED IN THIS ARTICLE
New York City
Brooklyn
Jersey City
Hoboken
Staten Island
New York Clearing House Association
Inc
MME An
Lega Tendere Mas
Ae Inc
Fas Cote Ca Tceris
Bond closing quotations fall from Saturday figures
Yesterday's government bond quotes show a decline from Saturday readings, with yields shifting across maturities as traders cited modest demand and steady liquidity in the market. Investors weighed policy expectations and inflation signals while prices adjusted to new data.
Treasury fund balances and gold reserves report
Washington July 2 The Treasury at open shows reserve fund gold coin and bullion 150,000,000. trust funds to redeem outstanding certificates gold coin 2,222,000,000?784? and total fund 516,981,546,480,132,000 with 4,937,000 noted. Deposits in national banks 130,193,010 and Philippine Treasury 4,050,533 await reimbursement 40,085 and other mobilities 122,820,818.
MENTIONED IN THIS ARTICLE
Cscs Cnc Cee -Wecesccopem Vasees Ness
Baltimore Stocks and Toronto Cobalt Prices in Brief
Market notes show Furnisher by Van Schaick & Co with various bid and asked figures on railway and utility stocks in Baltimore. Toronto cobalt prices are listed by Stec No 43 Exchange, with daily corrections and multiple named mines and brokers.
MENTIONED IN THIS ARTICLE
Baltimore
van Schaick & Co
Wall Street
Arked
United Railway
Norf Ry & She
Light & P
Seaboard
Union Trust
Sil GS
Third Nat Bank
Fidelity
Maryland Trust
Nor Cent Ry
Toronto
Stec No. 43
Buffsio
Peterson Lake
Foster
Trethewey
Financial Markets Rally With Broad Gains Across Stocks and Bonds
A rise in buying power pushed stocks toward higher levels during a five hour session with net gains of 1 to 2 points, and larger moves in inactive issues. Southern Railway preferred rose, United States Steel and Harriman issues led advances, and Chicago exchange settled at a 10 cent discount signaling funding demand. Bonds remained strong with good demand both on exchange and over the counter, boosting expectations for a broader mortgage issue market and potential stock follow-through.
MENTIONED IN THIS ARTICLE
Southern Railway
Harriman
Baltimore & Ohio
Erie
United States Steel
Great Northern
Reading
Atchison, Ontario & Western
Colorado
Chicago Exchange
New York
Wall Street
Union Pacific
Ontario & Western
Erie First Preferred
Market prices vs investment value in rail stocks
The discourse compares Ontario and Western and Erie stock status, noting Erie as a Harri man security. Ontario is linked to New Haven, with possible price changes if control shifts. It flags many stocks priced below merit while some trade above true worth, expecting a shift in six months toward investment value.
MENTIONED IN THIS ARTICLE
Ontario & Western
Erie
Harriman
Ontario
New Haven
Ontario & Western Company
Inactive Stocks Closing Quotes Report
The list shows last closing prices for inactive stocks with bids and asks across numerous issues led by Adams Ex and Iowa Cent. The table includes Am Can Am Coal Am C Oil and other major names with last closings and bid-ask ranges, signaling no yesterday transactions and a snapshot of market interest.
Fragmentary European Government Codes and Cities
A garbled OCR passage lists various government designations and city names across Germany and nearby regions. The text includes references to Cologne Munich Augsburg Vienna Hamburg Berlin and others with numbers and symbols, but contains no coherent event or context.
MENTIONED IN THIS ARTICLE
Nid
Menca Jerman
Cologne
Munich
Augsburg
Saxony
Vienna
Hamburg
Berlin
Money and Exchange Market Summary Gleaned From Trading Floor
Money on call opened at 1 percent, with highs near 14 2 percent and lows around 14 percent, last loan 1 percent. Time money firmer for six months at 3 percent. rates 2 percent for sixty days, 2 2 percent for ninety days, up to 3 percent for six months. Foreign exchange steady with cables about 4.8715 to 4.8720, demand sterling near 4.87, sixty-day bills around 4.8565 to 4.5. Domestic exchanges show varied regional discounts and premiums. bank clearings reported for New York, Chicago, Baltimore, Philadelphia. Silver bars at 34 3/4 cents. Mexican exchange on New York at 2.02 cents. Government receipts total daily $1,917,590 with expenditures at $2.5 million, year-to-date deficit $17.7 million. Sub-Treasury debtor to Clearing House around $1.246 million.
MENTIONED IN THIS ARTICLE
Mercantile
Riera Uns
Germany
Reichsmarks
Bote O
Paris
Belgium
Switzerland
Holland
Boston
Chicago
St. Louis
San Francisco
New Orleans
Cincinnati
Savannah
New York
Baltimore
Philadelphia
London
Madrid
Lisbon
Washington
Internal
Sub-Treasury
Clearing House
Stock Exchange Brokers See Bullish Shift In Activity
Consolidated Stock Exchange brokers reported yesterday higher outside buying, chiefly on the buy side, with professional room traders leaning strongly bullish. The market grew more active and stronger, aided by crop progress and growing investor demand for bonds bolstering bullish sentiment.
MENTIONED IN THIS ARTICLE
Xchange Commission
Consolidated Stock E
Foreign Trading and Market Notes from the Street
Foreign houses traded about 30 000 shares with net selling pressure on American issues and a strong curb close in London. Rothschilds reportedly floated a £4 000 600 loan for Brazil while South African gold offerings found Europe buying. Banks gain cash as Sub-Treasury moves improve liquidity. silver markets soften with increasing U S selling. Copper trade hints at quarter end price firming. Baltimore and Ohio bonds issue 3% gold bonds. Regular dividends issued by H B Claflin Pullman and cobalt mines pay sizable sums.
MENTIONED IN THIS ARTICLE
London
Rothschilds
Brazil
International Bank
Union Pacific
Delaware & Hudson
Europe
United States
Sub-Treasury
America
Mocatta_& Goldsmid
Stock Exchange
Union Bag and Paper Company
New York Stock Exchange
Pittsburg, Fort Warne & Chicago Railway Company
Baltimore & Ohio
Baltimore & Ohio Railroad Company
Southwestern Division
First Mortgage
Belpre
Ohio
East St Louis
CURB
J. Thomas Reinhardt
New York
Boston Stock Exchange
H. B. Claflin
H. B. Claflim Company
First Preferred
Canada
Merchants’ National Bank of New York
Pullman
Pullman Company
Also Mentioned on This Page
Allis-Chalmers Co
Amalgamated Copper
American Agr. Chem
American Agr. Chem. Pr
American Can
American Car & Foundry
American
American Express
American Hide & Leather
American Hide & Leather Pr
American Ice Securities
American Steel Foundry Ctrs
Ene
American Tel
American Tobacco Pr
American Woollen
Atlantic Coast Line
Batopilas Mining
Bethlehem Steel
Brooklyn Rapid Transit
Brooklyn Union Gas
Brunswick
Chesapeake & Ohio
Chicago & Alton
Chicago Great West
Mil
St. P Oseces
Chicago, Mil
St. P
St. P. Prooe
eChicago
iChicago & Northwestern
iChicago
Chicago Union Trac
I., C Co
StLeoees Baxa
Colorado Fuel & Iron
Colorado & Southern
Colorado & Southern Ist
Colorads & Southern
Columbus & Hocking C. & I
Consolidated Gas
Elaware & Hudson
Weaver & Rio Grande
Wenver & Rio Grande
Detroit United Railways
Duluth
South Shore
Erie Deserssees
General Electric Co
Hocking Valley
Interborough-Metropolitan
International Harvester
International Paper ‘International Paper
Iowa Central
Kansas City
Ft. S
Louisville & Nash
Marine
Marine Pr
Mackay Companies
Manhattan
Erin
Minneapolis St. Louis
Ae M
St P
Missouri, Kansas
Missouri Pacific
National Biscuit
National Enam
Stp
Newhouse M & Am
New York Air Brake
New York Central Stone
Chi
St. L
N. H
Pittsburg Coal
Seacescancauss
Republic Iron & Pr
Republic Iron & Steel
Sloss-Sheff
Steel & Iron
Southern Pacific Eee
Tennessee Copper
Texas & Pacific Cerecee
Br 31 31Ty Aly (Third Avenue Railroad 314 10 |Toledo Railways & Light
Toledo, St. Louis & Western
Toledo, St. Louis & Western P
Lowsale
iTwin City Rapid Transit. A
Ing. I
Union Pacific Pr
Bay State Gas
United Ry
United Ry. Investment Pr
U. S
United States Steel Pr
Utah Copper
Chem
Wabash iVa
Iron C. & C
Wabash Pr
Sescteascce
Western Maryland Oeeesecee
Western Union Telegraph
Ajibway Eocee
Alaska Mines
Westinghouse
Boston Copper
Brit Col Copper
Wisconsin Central
Butte Coalition
Butte & New York
Cobalt Central Sl
Ariz Smelt
Diamondfield
Davis-Daly Estate
Dominion Copper
el Rayo Weesesee
First Nat'l Copper
Florence
Foster Cobalt
Goldfielda Co
Goldfield Gt
Greene-Cananeo Ss
Goldfield Daisy
Goldfield Oro
Kenanas
Tse
Mason Valley
McNamara Concess
Mexican Exp & M
Miami Copper
Micmac Minesay
Mines Co of
McKinley
Dari So Tsian
Mont-Shoshone
Nipiasing Mines Co
Texis
North Butte
Penn Wyoming
Precious Metals Hill Asco
Red Knight M
Orooos
Silver Queen
Superior & Pitts
Tintic Mining
Tonopah Belmont
Agra Dev Pref
United Copper
Utan Bingerete
Yukon Gold Mines
Outside Securities
Industrial
Henry Glews & Co
N. S. Stock Exchange
Vances
Ocn
Fred’k
Union Typewriter
American Chicle
Helena Light & Railway Pfc
American Press Ass
Worthington Pump
Frederic H. Hatch
Broad Street
Telephone
Broad
Fourth National Bank Metropolitan Trust CO
Franklin Trust CO
Guaranty Trust CO
Clinton Gilbert
Wall ST
Renee
Carlisle & CO. Bankers & Brokers
Broadway
Miami
Orphan Trinity
Yukon Golf
Tonopah Minine
Dominion
British Columbia
Cumberland el
S J. Thom
Exchange F
Boston, Mass
Erning la Rose
Micmac
Davis—Daly
Union Mines
Greene Cananea Butte Coalition Consolidated
S. Mines Co. of America
Nevada Consolidated
Reinhardt
Broad St
W. Y
Ines
A. S. Weinsheimer
H. B. , Company
Church and
Worth Streets
D. N. Force
Amalgamated Copper Company
A. HB. Mblin
American Securities Abroad
Paris Exchange
Berlin Exchange
Sis
Bia
Eee
Widle Vc
Panama
Cocees
THE
Federal Treasury
Treasury
NY Air Sig
Nor Pac
CM & St P
Peo & EB Inc
CF S & M
Coast & P
U SR & Imp
U S Steel SF
del & H
Etna
Sano Do
Va TC & C
Westchester L
West Shore
Do 24 Inc
Cleyv
So P
Col & So
Union Pac
Wreliance
Adams
Iowa Cent
Kan & M
Keo& DM
C Oil Pt
K I
Lac Gas
Lake Shore
Long Island
Man Beach
MD Coal
St Ry
Ann Arbor
M & St L
Mor & Es
Bre& P
Nash & Ch
Nat B
B& S
Ne&s Pfi
Butterick C
R of
C&s AT
New C Coal
Chic & A
NYC
Ny&njt
N & W Pft
Pac Coast
Ciel Pf
C & Nw
Cspm&o
Peo & E
Uty Cc
Sl&sf Ist
DL & W
Doc&eicfs
Dm&fduk
Dss&a
Sears-R Pf
Ev & T H
Vandalia RR AS
Granby M
Va-C Ch
Hav el Ry
Vulcan Det
Hock V
Wells-F
Hioniestaner
W & LE
Son
Foreign Government
Money and Exchange
Eyer & Co
Consolidated Stock Exchange E
Atlanta
Crown Point
Cal & Va
Diamondfield A
Great Bend
Kendaloe
San Potosi
Post Co
Fifth Avenue
Wuth Street
125Th St
Lenox Ave
148Th St
Third Ave
Charles H. Keep
G. Louis Boissevain
Frederick G. B
Franklin Q. Brown
Edward H. Clark
Charles F. Hoffman
Dumont Clarke
J. Horace Harding
Samuel T. Peters
Payne Whitney
William A. Tucker
William B. Joyce
Hinsdill Parsons
Herbert L. Satterlee
the Trust Company OF Amer
Bush
Gresham St
Liberty
Am Exchange
Lincoln
Tna National
Manhattan Co
Bronx
Metropolis
Battery Park
Iss Mercantile
M Butch & Drow
Metropolitan
van Ad Coal & I Nat
Consolidated
Merchants
Mount Morris
Chatham Soo Mutual Chemical
Sasson
City Ty
NBA
Chelsea Exch
Y County Soo Commerce
New Netherland
Columbia Colonial
Nat Corn Exchange
East River
Bais
Pacifie
Fidelity Wecce
Ark Acess
First National
Ipeople
Fifth National
Phenix
Plaza
Second
Garfield
Sherman
Soonce
Greenwich
Union Exchange
Hanover
Irving Nat
Yorine Jefferson
R. L. Day & Co
Sn Best & Albany
Beston
Nam
Cal & FE erRaevus Y
Fitchburg
Franklin
Nh&h.i
Granby
West End
Mass
Tel & T Co
Tei & T Co
Quincy
Tamarack
Wolverine
US Smetters Co
Aer $Son
Moss Gas
Atlantic
Shannon
Bingham
United Frutt
Sears Roebuck
Commonwealth
Chicago City Railway
Swift & Co
Estern