Stocks Generally Weak and West Coast Rail Shares Decline
Closing prices yesterday show weakness across principal active securities. Western Railroad and other listed stocks fell while call money remained firmer. total sales at the stock exchange reached 608,986 with smaller unlisted lots noted.
Mixed stock activity amid bear pressure and flood impacts
The market showed moderate activity with more declines than advances as western flood news pressured rail shares such as Atchison Missouri Pacific Rock Island and Union Pacific. Bearish sentiment held, but some stocks recovered, and lumbering concerns like Canadian Pacific and Leather faced losses while others rose.
Money and Exchange Market Report
The Money Market opened at 24% on call, top at 3% and low at 214%, last loan 2%. Time money quoted 3.1% for sixty days, 4% for ninety days, 4.44% for four to six months. Foreign exchange closed firm with rates for sterling, francs, reichsmarks, and guilders. domestic exchange showing varied premiums and discounts in New Orleans, San Francisco, Boston, and other cities. Bank clearings listed for New York, Baltimore, Boston, Philadelphia. London call money 3.5%–3%. Berlin and Paris discount and exchange rates noted. The silver and gold markets reported current prices. government receipts and surplus/deficit figures provided, with month-to-date and year-to-date totals. Sub-Treasury outstanding position noted.
MENTIONED IN THIS ARTICLE
Cablesight
Reichsmarks
Paris
San Francisco
Telegraph
Boston— Sc
Charleston
Chicago
Cincinnati
Savannah
St. Louis
Minneapolis
Wse
New York
Baltimore
Boston
Philadelphia
London
Berlin
Berlin Exchange
Paris Exchange
London Stock Exchange
Madrid
Lisbon
Buenos Ayres
Washington
Sub-Treasury
Clearing House
Court Upholds Produce Exchange Ruling
Justice McLean in the Supreme Court denied William M. Townsend a mandamus to compel reinstatement to the Produce Exchange after his March 31 expulsion for taking business from the Lincoln Financial Bureau.
MENTIONED IN THIS ARTICLE
Justice McLean
Supreme Court
William M. Townsend
Produce Exchange
Townsend
Exchange
Lincoln Financial Bureau
Philadelphia Stocks in a Busy Trading Session
The list details various equities and bonds including Am Ry Co, Elec Co of Am, Penn R R Co, Lehigh Valley R R, Nat Asphalt, and Union Trac with prices and percentages. Investors monitor steel, iron, and transit shares amid steady activity across utilities and transportation issuers.
MENTIONED IN THIS ARTICLE
Bia
Am Ry Co
Sup
Holy Starmond Steel Py
Elec St Rat Co
Elec Co
Fmt Park T Co
Ins Co
North Penn
Phila Co
Penn R R Co
Penn Steel Com
Penn el Veh 'Phila
T Phila & Eric
Sus Iron & Steel
Tidewater Steel
Lehigh
Ay Mil Cos of
Lehigh Val R
Union Traction
A Gas Imp Co
Welsbach Co
Asp Co
Am Se
Newark Pass
Ind P Ry Co
Nat Asphalt Ss
Financial News Highlights From Wall Street Trading Desk
The London market closed and foreign houses were not factors. Loan quotes span Amalgamated Copper to Western Union and more. Mexico gauge change completed to standard gauge with 130 miles. service to reach Huehueteca to Gonzalez by September 1. AT&T contemplates $20 million stock issue for Westward expansion. Canadian Pacific to pay 1 percent land-sale bonus. Cotton receipts for week to May 2 total 28,991 bales, up from prior weeks. Bank clearings reach 1.77 billion dollars. gold exports planned to Europe and Buenos Aires. New offices for N W Harris & Co. and Joseph W. Jackson admitted to E H Gay & Co. Waldorf-Astoria Trust Company offices open with leadership changes.
MENTIONED IN THIS ARTICLE
Ing
J Adams Express
Eae
jAlbany & Sus
Balt & Ohio
Sita! Sv
Bklyn Rap T
HS Ba
Can Pacific
Ab So
Ches & Ohio
Sky
Amer
Col Fuel & I
Amer Dist Tel
Col Southern
Amer Express
Det Southern
Amer Betis
Erie
jAm Hide & L
Louis & Nash
Manhattan
Met Street
Nat of
Mexico
Mex Central
K & Tex
Suger Ret
North West
Siw
Nat
Nor Amer Co
Brockiurn Ruske
Amer Sugar
Seeeers Orank
Pennsylvania
Hes & Ohio
Bock
Am Tel & Gabie
Am Tel & Tel
West
Rev Steel
Elist
Southern Pac
Nj & South
Seeee
Leanaconda Bo
Southern
Ann Arbor
Tenn Coal & See
Texas & Pacific
BR & P
Nemmvin
Texas Pacfic
BOM Consol Gas
Asso Mer Ist
Union Pacific
del & Hudson
Ste Do Ist Inc
Penn Court
Atchison O
Gen Electric
U S Steel
Tilmots Central
Aseereeee gTly
Coast Line
Lauls & Nash
US Steel
Ealt & Ohio
Wabash
C & O Con
Rio
Wheel & L
Boston
A L Pf
Wis Central
Pac
West UN
Klyn
Brunswick
Butterick
Canada South
Cen Ist Inc
Chicago
Cent Inc
I & Ee
Penn
Union Pac
R& T
Wissen
Mil & St P
CF & i
Chic & Northwae
St PM &O
Chio Union Trac
E ‘Coot's
Guiccc
L. F Cae
Clev & Pitts
Col Fuel & Iron
Col & Southern
Omaha
Hwy Do Ist Inc
jDel Lack & W
Deny & Rio Gr
Sam Mo K & Tex
West Sh
Do Peat
iDeny & Southw
Mo Pac
Des M & Ft D
Detroit Southern
Det United
Evans & TH
We &D
Gen Chem Co
Sas
Gen Electric Co
Iowa Central
OTIS
Kana & M
Kan City
KCE
S&m Pt
Keok & Des
Laclede Gas
Ile & Western i
Low Island
Man Beach
Michigan
Paciar
Norfolk & West
North American
Ontario
Pacific Coast
Pacific
Penn RR
Peorla & E
Peo Gas & Wa
Pere Marquette
Philadel
Pere
Pullman P Peer
IRR Securities
Rha
Rystl Spring
Rens
Sara
Rock Island
Rome
W & Diony
St Jos & Gdr
St L & San F
St Louis Southw
St & Ir
Star Rope & T
Fat Tenn Coal & Ir
Bethy
Do Land Trust
Tolly & Light
Twin City Rtr
United Fruit Co
Taig
Sts
S Realty & C
U S Steel Ait
Wells Fargo
West Union Tel
West Mtg
Ise
HS Wheel & LE
Va Iron
London
Amalgamated Copper
Anaconda
American Ice
Atchison Common
Brooklyn Rapid Transit
Baltimore and Ohio
Colorado
Delaware and Hudson
First
Louisville and Nashville
Missouri Pacific
New York Central
Norfolk and Western
Metropolitan Street Railway
People’s Gas
Reading First
St. Paul
National Railroad OF Mexico
San Luis Potosi
Gonzalez
Huehueteca
Laredo
City of Mexico
Acambaro
Corpus Christi
Texas
Huehuetoca
American Telephone and Telegraph
American Telephone and Telegraph Company
Financial Chronicle
United States
Kidder, Peabody & Co
Europe
Deutschland
Heidelbach, Ickelheimer & Co
Buenos Aires
Outside Securities Market Notes Drift With Light Volume
Conditions in outside securities varied little from last week with lack of interest and irregular prices. Northern Securities saw brief activity then declined. New Orleans Railway issues rose on light buying with common up about 14 and preferred about 3 percent while bonds advanced over 2 percent. American Can declined with common and preferred down. copper shares were weak though British Columbia Copper showed modest activity. Rock Island bonds opened firm then fell to 86 on small offerings.
MENTIONED IN THIS ARTICLE
Northern Securities
New Orleans
British Columbia
Rock Island News
Pxcent
Market notes on government and railroad bonds in London
Government bonds remained steady with final quotations. Railroad bonds traded weakly with total par value sales of 1,097,500 against 1,552,000 on Friday, led by Atchison general 4s Central of Georgia 5s Chicago Burlington and Quincy 4s and others. United States Steel and several convertible issues also showed activity.
MENTIONED IN THIS ARTICLE
Acket
Ria
Asker UR
Cou
Ig& Wsyit
S. Se
UWE Rig cml
Atchison General
Central of Georgia
Chicago
Burlington and Quincy
Rock Island and Pacific
Erie General
Mexican Central First
Oregon
Pennsylvania
Reading General
Union Pacific
Wabath
United Bretes Steel
Guaranteed Stocks Quotation From Joseph Walker & Sons
Quotations furnished by Joseph Walker and Sons No Broad Street. Little and Laki Littl e provide stock price quotes and market update.
MENTIONED IN THIS ARTICLE
Joseph Walker & Sons
Also Mentioned on This Page
Sterling Exchange
South America
THE
Stock Exchange
Comstock
Mollie Gibson
Portland
Ieee
Western Railroad
Atchison, Missouri Pacific
Illinois Central
United States Steel
Mexican National
Kansas
Nebraska
Missouri
Iowa
Money and Exchange
COURT
R. L. Day & Co
Nassau St
Bost & Alban
Boston & Me
Atlantic
Boston Eleves Arcadian
Bingham
Fitchburg
Hels
West End St Ry
He Am Tel & T Co
Ins Md
Big W Tel & New-Eng
Tel T
Tamarack
Westing Elec Wolverine
Domtron & Stl
Wall Street and Exchanges
N. W. Harris & CO
Pine and William Sts
Joseph W. Jackson
E. H. Gay & Co
Waldorf-Astoria Trust Company
Trust Company of the Republic
Winthrop E. Scarritt
Alvah Trowbridge
James B. Dill
Outside Securities
Londs
New York City
Bronx
New Columbia
Gansevoort
Hamilton
Mount Morris
UN One Mutual
Plaza
Yorkville
Oe To, CO
Ino Ae
Omnes Fidelity Oe
Varick
Jefferson
Tae
Fey Oe
Tooese Century Bank _ _ of
Ie Heights
Ing United National
Caneneemmes Reom Broadway
Brooklyn i
Bom Nassau National Wees
Wee
Wees
Gee Seventeenth
IRB
Bank of
Staten Island
Richmond
Staten
Nat'l
Jersey City
Stevey Hudson Co
Hoboke
Second
Ferry Companies
William E. Nichols & Co
Inter Rap
Bar
Bay State Gas
Casein Co
I North Securition
Pac & N
Seaboard Air Sk
Elec L
Seab St & Ir
Standard Oil
St Louis Trans
Electro—Pneu
Union Copper
Gold Hill
Ei Tenn
Greene Con Cop
Unit Box Board
Gugg Expl Co
Hacken Mead
United Copper
Ius Light & A
American Elevated Co
Light & Tracs Amer
Valley Co
Aberdeen
American Brass
Ant Press Association
American Palace
Soda Foun
Am Soda
American Thread Co
Triting Paper
W. Co
Bliss E
Bliss E. W Co
Celluloid Company
Comcen
P&aa
Chebroush Mfg Co
Gorham
Hudson River
Hall Signal
Herring H. M. Herring H. M
Herring H. M
A&o
J. Stetson
A&i Isa
J. B. Stetson
Lanston
Maine S. S. Bonds
Maine S. S
Madison Square Garden
Ma&n
Markeen
Mergenthalers
National Cereal Milling
National Gramp
S&t
Old Dominion & S
Opspenheimer Ene
Bess
A&d
Pratt & Whitney
Procter & Gamble
Quaker Oats
Securities Co
Simmons Hardware
F&a
Simpson-Crawford C Stinger Mfg
Me&wn
Sterling Copper
Swift & Co Puenneves
10Th
Weller Co
Weller
Trenton Potteries
Trenton Pot
Trenton P
Custal
Union Switch & Signal
Lee Union Switch & Signal
A&o i
Union
A&oo
U S. Lumber
St. L
Tob. Co
Enersene
Tob
Westinghouse
Worthington
Owen
William FE. Nichols & Co
Wall Staan
Brooklyn Ferry
Hobo N Perry
Los
Ny&er Ferry Co
Q.M
NY & H
M &N
Ny&b
Nye&n J
Laki Little
Pat Peo Phi
Pitts Phila
Roy
Albany
Susy
Alb
Vermont
Augusta & Sav
Gap
AG & Mt M
Beech Ck
Berkshire
Bleecker St & F F
Bost & Albany
Bo Bost & Lowell
Bost & Prov
Old Colom
Broadway & S
Brooklin City
Cam & Bur Co
Catawissa RR
P&p
Catawissa
Gavia
Chestnut Hill
Christ
10Th St
Cleve & Pitts
Cot & Xenia
Q-M
Concord & Mont
Concord & Port
Day & Micheneth
PP & R
Maine
Elmira & W
Erie & Bal
Erie & Pitts
Penn Co
Fitchburg Pf
BR & My
Bco
Gosuen & Decker
Grand River
Michtas
Greene RR
Lipk
Hart
Hereford
Illinois
T&d
Jack L & S
Midh Central
PCC &Sl
Pm & R
Valley
Nor Cent
Lawrence
Massaar
C & P RR
Mob & Ohio
Cocom
Morris & Essex
DL & W
Nashua & Lowell
Nash & Decatur
Naugatuck
J Trans Co
Clinton
V & Og
Southw
Spuyten D & Mt M
NY C
Stock & P
Nynh
Second Avenue
M SR
Nash & R
I & Cable
Ranklin Te
Eicanipte Er
Ter Ocean Telegraph
Hwestern Telegraph & A Telegraph
T & At
Telenna Si
William E. Nichole
PN & EB RR Co
Ddebe& Brr
Iau
Ave RR
Neues -J. A
Ry Co
Ecteecee & J. His
Wall St
Aska
Atlantic Ave
Bklyn Heights
Bklyn
Bklyn Crosstown
Bklyn C & Newtn
Coney Island & B
Calvary Cem & G
UN Ry
Gpt
Lorimer
Grand St & Nn
Jamaica & Bk
W & FY
Sea Beach
Yonkers St Ry