Irregularity in Stocks and Early Strengths
The column reports closing prices with net changes for numerous stocks and bonds, noting mixed early gains followed by afternoon declines. It highlights robust earnings for railroads and expanding industrial activity, with Canada’s Canadi an Pacific showing record traffic and strong projected surplus, while advising caution and selective buying in high priced issues.
MENTIONED IN THIS ARTICLE
Canada
Canadian Pacific Company
Stock Market Opens and Ends Lower on Bear Pressure
Yesterday's stock market showed light volume with irregular moves and net gains in many issues at close. Strength appeared early in leading issues but public support waned and selling by traders shifted sentiment. notable gains in Consolidated Gas contrasted with declines in St Paul, Reading, and Pennsylvania amid broader weakness.
MENTIONED IN THIS ARTICLE
Reading
St. Paul
Pennsylvania
Amalgamated Copper
Colorado Fuel
Southern Pacific
Union Pacific
United States Steel
Consolidated Gas
Secretary of the Treasury
Europe
Pacific Coast
San Francisco
Treasury Department
New York
Shaw
Sub- Treasury
Department of the Money Market
Stock Exchange
Bond market sales in the 2.506 million total
The report lists varied bond listings with numerous issuers and prices, ending with total bond sales totaling 2,506,000 dollars. Names include Lacka Steel, Japanese firms, New York Central, and other railroad and utility issues with bids and yields referenced throughout.
Government bond closing quotes May 2 and May 1
Yesterday’s bond prices list U S government issues with bids and asks for 2s 3s 4s and 6s and District of Columbia and Philippine securities. Notable levels include U S 4s registered 1935 at 125 percent bid and 150 percent asked and U S 46 coupon 1925 around 128 percent bid 129 percent asked.
MENTIONED IN THIS ARTICLE
U_ S
U. S
U.S
District of Columbia
London May 21 Market For American Securities Dull To Moderately Strong
London reports a mixed day for U S securities with quotes tepid yet firm. Prices listed include Anaconda 270, Atchison 23 1/2, Canadian Pacific 166 5/16, Erie 45, Illinois Central 185 1/4, and Louisville & Nashville 139 1/8. call money at 4 percent, London discount 3 9-16 percent for short bills. Foreign money shows Berlin discount and Paris exchange rates alongside noted consols and rentes and Japanese series at notable levels.
MENTIONED IN THIS ARTICLE
London
Atchison
Canadian Pacific
St Paul
Erie
Mlinois Central
Loutaville & Nashvil
Berlin
Berlin Exchange
Pfennigs
Paris
Parts Exchange
Tis
Money and Exchange Rates in Late Trading Market
The report lists money rates with quotes from four to six percent for various terms, plus mercantile paper rates and foreign exchange, including sterling, francs, and marks. Domestic exchange shows discounts and par bids by city, while bank clearings are provided for New York Chicago Baltimore Boston and Philadelphia. Government receipts and Sub-Treasury balance data conclude the item.
MENTIONED IN THIS ARTICLE
New Orleans
San Francisco
Telegraph
Boston
Chicago
Charleston
Cincinnati
Savannah
Minneapolis
St. Louis
Tse
New York
Baltimore
Philadelphia
London
Madrid
Lisbon
Washington
Sub-Treasury
Clearing House
Foreign Bank Returns Show Mixed Weekly Changes
London and Paris report the weekly Bank of England and Bank of France changes. Bank of England reserves fall by 11,900 pounds while circulation rises 323. Other deposits gain 553 and notes in reserve drop 153,100. Rate of discount holds at 4 percent. Bank of France notes in circulation rise 169,250,000 francs as treasury deposits grow 7,175,000. general deposits fall 33,300,000 francs and gold on hand dips 8,550,000 francs.
MENTIONED IN THIS ARTICLE
London
Bank of England
Paris
Bank of France
Wall Street and Exchanges Summary in Foreign Trading News
Foreign houses showed little activity in the local market with modest turnover in 10 shares mainly purchases. In London markets were inactive with minor price changes as Russian bonds rose and the Bank of England held rates. Dividends were announced by several railways and the Anglo-American Telegraph Company noted extensive London trading amid cheap prices compared with other cables.
MENTIONED IN THIS ARTICLE
Amalgamated Copper Company
Hudson County Nations
London
Bank of England
Chicago, Indianapolis & Louisville Railway Company
Chicago & Eastern Uinons Railroad Company
Kansas City
Fort Scott
Memphis Railway Company
Missouri Pacific Railway Company
National Enamelling and Stamping Company
Mexico Consolidated Mining and Smelting Company
Puget Sound Electric Railway Company
Anglo-American Telegraph Company
United States
Lehigh Valley dealings and steel rails demand boost
Markets report heavy steel rails sales this week with about 10 000 tons added to stockpiles for delivery this year. Major rail lines including Illinois Central Burlington Tidewater Great Northern Wheeling Lake Erie and Omaha booked substantial tonnages along with numerous smaller orders. Directors of American Smelting and Refining to meet to discuss quarterly dividends. Dun and Co reports better outlook for winter wheat with some crop loss but favorable conditions overall across states. Bond extensions discussed for Batopilas Mining with bondholder consent expected and stock to be increased at Globe Wernicke. St Paul directors make no coast financing decision yet.
MENTIONED IN THIS ARTICLE
Whitey
Philadelphia
Lehigh Valley
Iinois Central
Burlington
Tidewater Railroad
Great Northern
Wheeling Lake Erie
Omaha
American Smelting
REPIN
American Smelting and Company
DUN
Dun & Co
Kansas
Red River Valley
Batopilas Mining Company
Globe-Wernicke Company
Globe Wernicke
Ae Ba
ST Paul
Chicago, Milwaukee & St. Paul Railway Company
Pacific Coast
Miller
Securities Auction Report From Exchange Salesroom
Securities were sold yesterday at the Exchange Salesroom by Adrian G. Muller & Son. By order of executors various securities including Fourth National Bank, Phoenix Banking interests, Sixth and Third Avenue Railroad Companies, Metropolitan Trust, Phenix Insurance, American De Forest Wireless Telegraph, United States Steel sinking fund bonds, National Bank of Commerce, Borough Metropolitan Railroad, International Finance and Incorporation Company, Brooklyn City Railroad, Newtown Railroad, and other bonds and shares were auctioned, with details listing quantities and denominations where legible.
MENTIONED IN THIS ARTICLE
Exchange
Adrian Gq
Muller & Son
Phenix
Sete
Sixth Avenue Railroad
Third Avenue Railroad Company
Metropolitan Trust Company of News
Phenix Insurance Company
American de Forest Wireless Tiegraph Company
United States Steel Corporation
National Bank of Commerce
La 2
Plients Insurance
Pig Iron Certificates Show Daily Quotations
Quotations for regular pig iron at the dam and for different time calls were provided, comparing yesterday’s prices with Tuesday’s final prices. The report lists second calls and first calls with figures for months including May June October and July, showing varied values across grades and times.
MENTIONED IN THIS ARTICLE
M. Calla
Wood Ito
Curb Market Trading Shows Mixed Movements and Firm Tone
The curb market displayed irregular movements with a generally firm undertone. Speculation gained activity at the expense of some values with Sethichem Steel and Mackay stocks remaining strong, American Can preferred edging up, and United Copper showing increased activity amid varied moves in mining issues.
MENTIONED IN THIS ARTICLE
Sethichem Steel
American Can Preferred
Mackay
Chicago Way
Beenagen
Stock Exchange
Consolidated Copper
Alumbia
United Copper
Delaware & Hudson Is
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