Market Report Shows Surging Securities Values
Heavy gains in securities values driven by strong trading activity. Total shares traded for the day reached 942,448, higher than the prior period of 711,150. Year to date comparisons indicate increased activity and value, with notable gains versus the same period last year.
American securities abroad gains on London market
London watchers report a strong market for American securities aided by New York buying. Quoted closes show notable gains in several issues including Atchison Topeka Erie and Illinois Central with mixed levels. Foreign money rates and exchanges tighten, showing London call money at 1 1/8 percent and Paris, Berlin, and other rates steady.
MENTIONED IN THIS ARTICLE
London
New York
Financial affairs spark stock advances in steady bull run
The article reports aggressive bull action behind yesterday’s stock gains led by Union Pacific, Northern Pacific, St. Paul, Amalgamated Copper, and Great Northern. It notes heavy short covering, rumors of Union Pacific bond issuance, and suggested stability from Vreeland bill expectations, with total trading around 42 million shares across nine stocks. It contrasts weak public participation with strong institutional buying and highlights earnings declines for the Pennsylvania Railroad and Erie, set against a global gold shipment and European market ease.
MENTIONED IN THIS ARTICLE
Union Pacific
Northern Pacific
St. Paul
Amalgamated Copper
Great Northern
Harriman Road
London
New York
Reading
United States Steel
Pennsylvania Railroad
Pittsburg
Pennsylvania
Erie
Harriman
Erie Company
Berlin
Bond market sales show heavy government and corporate issues
The record lists numerous bonds with prices and yields from 88% to 108%, including Japanese issues, Cuban repays, New York City and Western lines, and large totals. Total sales reach 2,266,000 dollars in bonds across various issuers and maturities.
Baltimore Stocks Reported by Van Schaick Co
Stocks in Baltimore are compiled by Van Schaick & Co of No 7 Wall Street with prices and notable changes summarized for investors. The report lists daily movements across leading offerings and market activity observed in the city.
MENTIONED IN THIS ARTICLE
van Schaick & Co
Wall Street
Inactive Stocks On Last Trading Day On New York Exchange
The following were the closing quotations for stocks on the New York Stock Exchange with no transactions yesterday. Adams Ex 167 168 ness. Am Can 54% 55% 65. Am Coal 120 100 150. Am Exp 190 185 205. Marine 35%. Mackay Co. 64%. New C Coal 33 25 40. Beth Steel 15 13 54. NYC & StL pf 102 95 100. No clear transactions reported for many listed securities. prices shown as closing bids and asks.
MENTIONED IN THIS ARTICLE
Ask
Almers Co
Allis-Chalmers Co
Asel
Amalgamated Copper
Cisble
Amer Rican Tel. & Cable
Tel
Atchison
Atlantic Coast Line
Baltimore & Ohio
Baltimore & Ohio Pr
Batopilas Mining
Brooklyn Rapid Tra
Canadian Pacific
Central Leather
Chicago & Alton
Chicago Great Western
Chicago, Mil. & St P
Chicago
Mil & St. P. Ctfs
Mil. & St. P. Ctfs
Chicago & Northwestern
Chicago Union Trac
C Cc. & Steee
Colorado Fuel & Iron
Colorado & Southern
Colorado & Southern 2d
Lst Pr
International Power
Tisia Central
Iowa
Iowa Central
Kansas City
Kansas City Nashville
Louisville
Marine Or
Tran
Minneapolis & St. Louis
St P
St. P
Missouri, Kansas & Texas
Missouri Pacific
National Biscuit
Nat. R. R
Mexico
Newhouse M. & Sdt
New York Air Brake
New York Central
New York, Chi
St. L
My Py York, Chi. & St. L. 2d Pr. Rary TH. 13% 0 100 110 —% Eed iNews
New Jersey Tel
New Yor York
N. H
Northern Pacific Ctfs
Pacific Mal
Pennsylvania Railroad
People'’s Gas & Coke
Pittsburg Coal
Pullman Palace
Republic Iron & Steel
Sika
St. Louis & Southwestern Pr
Sloss-Sheff
Steel & Iron
Steel & Iron Pr
Bt Sih
SiMe
Southern Pacific
Southern Pacific Pr
Southern Railway
Tennessee Copper Aetna
Texas & Pacific
Third Avenue Railroad
Toledo Railways & Light
Toledo, St. Louis & Western
Toledo
St. Louis
United States Rubber
United States Steel
Utah
Cuba
Nyc
AT & S
Ats & P
NH & H
PLE& W
NY O & W
Norf & W
Geng Ist Inc
Ean
Asec South Rv
T& R
T& P
Union Pac
Erie Ist
R & Imp
S Steel S F Sa
Toman
Elev
Alb & Suag Green
Alb & Vermont
Hart & Conn W
Allegh & West
Il Cent L
Am Te! & Cable
Joliet & Chic
At & A Line
Lsnar&c
Aug & Sav
la & Mo Rig Pf
von G & Mt M
Little Mitam
Beech Creek
Lowell & and
Berkshire
Melton Coal
H & SH
Bost & Albany
Morris & Essex
Bost & Lowell
Bost
Nash
Decatur
Bway & 7Th Av
Nashua & Low
Brooklyn City
Harlem
Cam & Brr
L&ew Ll
Catawist of
North Caro
Do 2d
Cayuga & Susq
R Rotn
Cpn&er
North Penn
Chat'chee & G
Northwest Te
Ch & EF
Illetts
Nor & War of
Ogden Mine
Hris & 10Th St
Old Colony
Meve & Pitts
Oswego & Syra
East Penn
Do Special
East Mahanoy
Pitts McK & Y
Eighth Avenue
Elm & William RR
Renns & Sara
Roch & Gen
Erie & Kalam
Rwe
Erie & Pitts
Second Avenue
Fitchburg
Sixth Avenue
Few & Pe
St &G
Franklin Tel
Southwest R R
Grr&b Co
Utica Cin & B
New York
Adams
Lake Shore
Long Island
Mackay Co
H&l
Man Beach J
Coa
Met St Ry
M & St L
Nash & C
NYC Dock
Bkin U G
Brunswick
L& W
BR & P
N & W Pf
Siicer Ite Butt & Spreay
eButterick C
C&s AT
C of N J
Chic & A Pf
BOT& ET Pfs
CB & Q
Sl&lpt
C & Nw Pf
C St Pm&o
Cleve & P
Col F&spf
DL & W
Dm&fd
Dss&a
FM &S
Gen Ch Co
Granby M
Hock Val
Homestake
Ing-R Co
Ie Allis
Anandapper
S Fe
le Central
Erie
NS Certral
Oss
Cole
Mont & West
Pacific
Pennsylvania
NS Roa
Southern Pac
Southern
Pe Wit
Ms Ee Union P
Steenes
Solding
Clinton Gilbert
Wall Street
Esee
Atlanta
Nn America
Liberty
Belcher Ps
Lincoln
Etna National
Manhattan Co
Bronx
Market & Ful
Battery Park
Metropolis
Bowery
Mechanics
Butch & Drow
Ss Coal & I
Consolidated
Ao Chase
Ant Morris
Chatham
Chemical Eeere
Chelsea
Toso
New Netherland
Columbia
East River
Park
Pacific 405
Gar
First National
Fifth Avenue
Plaza
Fourteenth St
Pthem
Gallatin
Riverside
Garfield
Yoraville
Penta
Jefferson Eerce
Isu Am Cement
Marsden
Fl Am Ry Co
Phila
Cambria Steel A
Renn & Rane
Bat
Mount Ac
Phila Rar Smoke Pot Ins Co
Lake Sup Corp
Lehigh
Weisdac
Pada Co
Diet
Money Market and Exchange Reported With Cautious Demand
Money on call opened at 1 percent, closing 1.4 percent. Rates vary by term from 2 to over 12 months, mercantile paper steady with moderate demand for high grades. Foreign exchange firmer on London discounts, cables about 4.8740, sixty-day bills near 4.8570. Bank clearings listed for New York, Chicago, Boston and Baltimore. Silver and gold prices noted, Mexican exchange at 2.02 cents. Government receipts show daily and year totals with sizable excess expenditures. Sub-Treasury debtor to Clearing House at 1,833,084.
MENTIONED IN THIS ARTICLE
Mercantile
London
Boston
Chicago
St. Louis
San Francisco
Sight
New Orleans
Cincinnati
Savannah
New York
Exchanges
Baltimore
Madrid
Lisbon
Washington
Internal Revenue
Sub-Treasury
Clearing House
Outside securities market slips with mixed activity
Market for outside securities was comparatively quiet with some profit taking. Nipissing energized by strong mine reports while Boston and Butte Coalition rose. Cumberland Ely Nevada Consolidated Yukon Gold held steady as North Butte Extension moved within narrow bounds. Greene Cananea quiet. Goldfield irregular. Pittsburg Silver Peak dipped on liberal offerings. American Tobacco and Standard Oil firmed. Chica Subway modest gains. Tidewater 6 notes irregular. National Railway of Mexico 42s declined.
MENTIONED IN THIS ARTICLE
Nipissing
Boston
Ing
Chicago Subway
Alaska Mines
Barnes King
Bingham
Bingham Mary
Boston Copper
Butte
Cumberland-Ely
Dolores
Tan Dominion
Rayo Lel
Ely
Florence
Giroux
Gold Hill
Greenwater
Indian Valley
Exp &M Osars
Miami
McKinley-Dar
Mont- Shoshone
Montzeuma
Nevada
New
Utah
M&s
Wonvada
North Butte
Ohio
Old Hundred St
Pitts Silver Peak
Silver Queen
Trinity Copper
Union Mines
United Copper
Wenite Knob
Yukon
Foreign trading and Amalgamated Copper board notes
Foreign market activity showed 4 percent shares advancing while Land holdings firmed and consols rose ahead of week-ago levels. Amalgamated Copper elected directors J B Thayer J D Ryan and Jones with Stillman resigning. Dividends declared include American Disability Company 1 percent regular plus extra, Du Pont 1.25 percent, and Thompson Starrett 0.5 percent. Prominent buyers Flower Co and Barney & Co supported Pacific, while National Bank of North America prepares a 3 percent second dividend. Gold exports totaled 1.2 million with ships Goldmann Sachs and Heckscher & Co carrying large consignments. Bond subscriptions to Nation Railways of Mexico 4 percent set to close by 3 pm. Illinois Central ordered large quantities of rails from Tennessee Coal and Iron and Illinois Steel.
MENTIONED IN THIS ARTICLE
New York Accongema
Paris
Amalgamated Copper
Jamin B. Thayer
John D. Ryan
Jones
James George H. Church
J. E. Judson
Mr. Stillman
Powter
American Disability Company
FE. I. du Pont de Nemours Poeder’ Company
Thompson-Starrett Company
Flower @ Co
Barney & Co
Thing Pacific
St. Paul
C.D. Bamere Co
Flower
Tare
National Bank OF North America
Charles A. Hanna
Man
Sachs & Co
Heebach, Ickelheimer & Co
Nation Railways of
Mexico
Lew Bent
Illinois Central Steel Rail
Illinois Central
Tennessee Coal
Compaq
Illinois Steel Company
Also Mentioned on This Page
NEW York Stock Exchange
Tal
Henry Clews & Co
N. Y. Stock Exchange
T“Vances
Thercon
Schwarzschild
Toby & Lamarghe
Broad Street
American Gas & Electric Preferred
American Brass
Federal Sugar Common
Manila Electric Railroad & Light
Singer Manufacturing
Frederic K H. Hatch
Telephone
Broad
Fred’k
Bankers’ Trust CO
Carnegie Trust CO
Brooklyn Trust CO
Metropolitan Trust CO
N. Y
Stocks & Bonds Stock Exchange
Carlisle & CO. Bankers & Brokers
Broadway
Tonopah
Cons
Davis-Dair
British Cal United Copper Butte Coalition
Manhattan
Trans
Goldfield
Consol
Greene-Cananea Superior
Pitta
J. Thomas Reinhardt
Broad St
American Car and Foundry Company
Washington Street
Jersey City
New Jersey
W. M. Hager
American Can Company
R. H. Ismon
American Securities Abroad
Bos Sis
Xx & Paul
Paris Exchange
Fid
Panama Canals
New York City
Ever & Co
Bic
tCoupon
Ferry Companies
Bia
Brooklyn Ferry
Union Ferry
Sted
United Railw
Norf Ry & L
Chas City Do
Chas
Cent
Union Trust
Bo Do
Phir Nat Bank
Fidelity & Dep
Maryland Trust
Su W
Ion Nor Cent Ry
Pac
Peo & E
PC C&st
Yo Pitts Coal
Sears
B& P
U Cig
Uscip&f
U S
Vannalia R. SS
Ad Va-C
Vulcan
Wells-F
West Md
Money and Exchange
Germany
Reichsmart Me
France
Bly
Belgium
Switzerland
Holland
Illinois Brick
National
Commonwealth Edison
People's Gas
Chicago Tithe & Trust
Owitt Ce
Eribo ,Ok
Rust Co
34Th Street
125Th St
Lenox Ave
148Th St
Thiey
Broadway Capital
Charles H. Keep
Frederick G. Bob Louis Boissevain
Ranklin Q. Brown
Edwa
Fifth Avenue Trust Co
43Rd Street
Outside Securities
Industrials
American Tobreco
Bay State Gas
Man Securities
Man Transit
Panama
Tidewater
the Trust Company
Wall St
Colonial
Consolidated Exchange Salt
Brooklyn
Hoboken
Staten Island
New York Clearing House Association
Inc
Clea House
Inc Ls
Toronto
Stewart & Lockwood
Exchange Place
Buffalo
Cobalt
Cobalt Lake
Coniagas
Nova Scotia
Peters
Foster
Tay
Kerr Lake
Trethewey Ry
McKinley-Der Os