Stocks Close Strong After Early Losses Rebound
A brief market report shows stocks ending higher after an opening decline, with gains led by several major sectors. Bond activity remained steady as traders watched inflation signals and central bank guidance for direction.
Stocks Rally As Demand Pressures Ease
Closing prices yesterday of the principal active securities and net changes from Monday's final quotations show easing demand money rates. The report highlights price movements across leading issues and notes modest shifts in overall market activity.
Market closes with gains amid active demand and mixed sentiment
Demand remained good in yesterday's market though prices showed irregularity as realizing sales and bear pressure influenced activity. Final prices were near day’s high with net gains overall, and public interest stayed strong as commission houses handled many out of town orders. Strong performers included GE and a range of industrials and rail stocks, with mixed outcomes for utilities and major rail names.
MENTIONED IN THIS ARTICLE
Texas
Kansas
Chicago
General Electric
American Car and Foundry
International Paper
International Pump
Pressed Steel Car
People
Gould
Havemeyer
American Sugar Refining Company
Rock Island
Ontario and Western
Southern Pacific
Erie
Pennsylvania
Wheeling
Lake Erie
Des Moines
Fort Dodge
Norfolk and Western
S J. Joseph
Grand Island
Union Pacific
Atchison
Day's Operations in Bonds and Railroads Market
Government bonds firm with final quotations and bid ask values for U S 4s 1925 1908s 5s 1904 reg 1907 1904 1930 2s and other issues. Railroad bonds market generally strong with total par value sales $3,254,000, heaviest activity in Atchison issues Baltimore and Ohio 4s Southwestern 3s Brooklyn Elevated Central Pacific 4s Colorado Southern 1st 4s Erie Prior lien and general 4s Kings County Elevated 4s Mexican Centralista incomes Peoria and Eastern income 4s Reading general 4s St Louis Southwestern 2ds San Antonio and Aransas Pass 4s Southern Pacific 4s Texas and New Orleans 5s Union Pacific 4s Wabash debenture Rs.
MENTIONED IN THIS ARTICLE
Ow Adams
K & Mette
Es Maj
Adams Express
Albany & Sus
Sauve A& N W
C & St L
Amer
Balt & Ohio
L& W
NH & Ha
Amer Express
Amer& F
Mo Kan & Tex
Saan
Ican
Nor & West
Ill
Nor Pac
Amobacco
Bkin
Norf & West
Top & SF
Pacific Mail
Canada
Do Ist Inc
Awad
Ones
Ohio
Peo & T Inc
Cmé&S&S P
Do 3d Inc
CRI & Pac Ik
Chic & Alton
Ann Arbor
Chic Ind & L
Stl& W
Atchison
Rio G West
Cal & Ms
Ohie
TOO Rock & Pitts de Cal Fr & Iron Ooo
J&gi Ip
Consol Gas
Southern Pacifi
St. & IM Gas
Contin Tobacco
Bi 'Southern Ry
Bklyn Ua Gas
Do R&a
Deo del Lack & W
Do Pref. &S
Brunswick
del & Hudson
Texas & Pacific
Buff R & Pitts
Do den & O
R & N Sg
Union Pac
Canada South
Hock Valier
Canadian Pacific Loydt
Ing
Tulmnois Central
Love
A & Ap
Sir Alamo
IG Ty
Chicago & Alton
Iowa Central
Batz
Wabash
Toy Louis & Nash
Manhattan
P&m
Missouri Pacific
Wis Central
Ind & Louisey Bay
Pac Cal
Sierra Nevada
Col & South
Bae
Chic & Northw
Pm&o
At&s
Tex & Pac
North Pac
Ing. Bush
South Pac
St L& Wix
South Ry
Erie
Tex & N O
Clev
Pitts
Col Fuel & Iron
Wwe
M& As LG
Tam Too
Col & Hock
Consol Coal
Con Gas
Rio
Green Bay
BSA
TIA Gas & el
Hocking Valle
Illinois Central
1St Inc
Kana & Mic
Kan City & A
Keok
Des
Lake Shore
Cnme
Long Island
Louis & Nash
Man Beach
Manhattan el
Michigan
Minn & St Louis
Geo
Ctf
Morris & Esse
Nat Biscuit
Aes NY Central
Yoné& Sti
Lack & W
Or & W
Indias
Ontario
Pacific Coast
Penn
Peoria & East
Peo Gas & Coke
Pere Marquette
PC & St L
Rens & Sar
Rep Iron & St
Rome
W & Ox
St Jos & Gr
St L_& San Fr
St Louis South
Sloss-Sh &T Ir
Southern Pacific
Tenn Coal & Ir
Wig Bory
Do Land Trust
Third Ave R
Tol St L & West
Eo & W
Bae Sais Sais
Va Car Shem
UN Zc &P
Union Pacific
Ee Aghare
U S
Wells Fargo West Union Tel
BT Wheel & LB
Wisconsin
U.S
Baltimore and Ohio
Baltimore and
Brooklyn Union
Central Pacific
Colorado Southern
Kings County
Peoria
Reeding General
St. Louis
Texas and
New Orleans
Capital
America
American Exch
Astor National
Oeano Bowery
Jaoe Broadway
Butchers & Crow
SI Wains Central
Chatham
East River
SJ. &J
First National
Fifth Nativy
Fifth Avenue
Fourth National
Fourteenth Street
N. Lo Gallatin
BA & O
Gansevoort
Garfield .Ly
German-Amer
German Exch
Wm&n
Germania Seers
Greenwich
Hamilton
Wi & J
Oeie
Irving Setseans
SL &F
Wise
Lincoln
Fromhattan Co
Ame Market & Putton
Metropolis
Jt & D. Ae
Sj & J
Mercanti
North America
Oriental
Wl& J
Republic
Riverside
Srlak
Seaboard
Ad & J
Oews. & J
Quar
Lele
J. Amerian
J. Pas
BR & A
Soda Fun
Americ
Thad Co
Cei
Western
Mac Amer
Ceewise
Rochester
Pittsburg
Empire el
Stetson
TSO
Lanston Monotype
Chicago
Illinois
Riliard
Markeen
Mergenthau
Milwa ‘Aukee
ST. Paul
Natural Enamel
A&o
Pratt & Whitney
Hocking Valley
San
San Simmns Hardware
Simms Hardware Ae Fe
Singer Fe Co. Y QJ
Swift & QJ
WJ & B
St Ferr
Trenton Potteries
Trow
Union Witch & Signal
Menican National
Union ‘Typewriter
Union Typewriter
Uv Union Typewriter
Westinghouse
ST. Louis Southwestern
Ohto River
Sissie
Toledo
ST. Louis and Western
Mobile
Goteng
Renee Bateeat
Steen
Exports of Werch 1 Noise Port of New York
Week ended June 4 with trade totals shown in bold figures for Port of New York. Includes monetary tallies in pounds and dollars from January 1 totals, listing large export values and daily turnover across the period.
MENTIONED IN THIS ARTICLE
New-York
Money and Exchange. Rates From Global Markets
Market notes show call money at 3 3 3/4 percent, time money varying 3 4 to 4 3/4 percent with railroad collateral. Foreign exchange quoted with cables and bankers posts, domestic exchange by cities, and bank clearings for major U S cities. Gold, silver, and foreign money markets list bullion prices and international rates.
MENTIONED IN THIS ARTICLE
New York
Boston
Philadelphia
Baltimore
Chicago
London
Berlin
Berlin Exchange
Parts Exchange
Paris
Madrid
Lisbon
Buenos Ayres
Rome
Treasury at Washington Reports Cash and Receipts Details
Washington June 4 treasury data shows reserve fund gold coin and bullion 50 million. Division of redemption gold coin 285 million and silver dollars 486 million. Total 771 million. Issue division gold and silver certificates 285 million and 110 million respectively with notes totaling 9.6 million. General funds list gold and silver assets and deposits in national banks 250.5 million and available cash balance 162.8 million. Government receipts today 1.4 million with expenditures 1.31 million. year to date receipts 541.66 million and expenditures 481.59 million. redemption receipts from national bank notes 615,206.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Eee Ee
United States
Ane Bent Ee
Cocac Ck Ass Aes
Wall Street Notes on Foreign Trading and Stocks
London houses were bought early then sold, total trades in this session reach around 70,000 shares with sales balance near 30,000 shares. Highlights include People's Gas earnings and Chicago deal, Southern Pacific stock strength, Ontario and Western expansion, General Electric gains, Wabash earnings and Union Pacific bonds, plus 492,000 ounces of silver exported aboard the St Louis.
MENTIONED IN THIS ARTICLE
London
American securities abroad firm after profit taking
London markets for American securities opened strong then pulled back before recovering. Final quotations show prices for Atchison 89½, Canadian Pacific 109, St. Paul 178, Central 16, Erie 45, Pennsylvania 77, Reading 24, Erie first preferred 74, Northern Pacific preferred 10, Grand Trunk 12, Anaconda 10½, United States Steel 53, preferred 101.
MENTIONED IN THIS ARTICLE
London
Atchison
Canadian Pacific
St. Paul
Tral
Erie
Pennsylvania
Reading
Erie First
Northern Pacific
Grand Trunk
Anaconda
United States Steel
Bond market heats up with new Erie Pennsylvanian issues
Bond brokers report strong activity across bonds and robust demand for all attractive issues. Heavy dealings on the Stock Exchange precede larger broker and over the counter trading, with several new issues expected to become active features including Erie 4 per cent bonds for the Erie purchase of Pennsylvania Coal, Union Pacific convertible 4s, and Reading 4s secured by CNJ stock. A $2,000 Erie Pennsylvania issue goes to auction today, signaling its first New York transaction. The Erie Pennsylvania bonds are seen as solid investments backing strong collateral.
MENTIONED IN THIS ARTICLE
Atchison
Northern Pacific
Rock Island
Chicago
Burlington and Quincy
People’s Gas
General Electric
Missouri Pacific
New York Central
Northwestern
Southern Pacific
Reading First
St. Paul
Sugar
Union Pacific
American Tobacco
Amalgamated Copper
Manhattan
United States Leather
Brooklyn Rapid Transit
Delaware and Hudson
Tennessee Coal and Iron
Western Union
Southern Railway
Louisville and Nashville
Baltimore and Ohio Common
United States Steel Common
People's Gas
Consolidated Gas Company
New York
Illnois
People’s Company
Atchison System
Ontario and Western
Kingston
Morgan
Erie
Reading
Colorado
Southern
Southern Common
Wabash
Pittsburg
Union Pacific Railroad Company
Union Pacific Railround Company
St. Louis
Europe
United Metals Selling Company
Zimmermann & Forshay
Stock Exchange
Pennsylvania Coal Company
Central Railroad of
New Jersey
Central's Balance Sheet for New York Central and Hudson River RR
The March 31 1901 balance sheet shows assets totaling 338 151 746 linked to road costs equipment stocks and construction advances. Liabilities list capital stock 115 000 000 funded debt 191 483 862 uncollected interest 22 789 dividends unpaid 41 520 and other open accounts plus past due bonds 4 790 and advances by lessor companies 1 102 544 with several construction accounts and special im.
MENTIONED IN THIS ARTICLE
the Central
New York Central and
Hudson River Railroad Company
Specia
New York and Harlem
West Shore
Pennsylvania Railroads April Earnings Rise Across Divisions
Pennsylvania Railroad earnings for April show a large gain in gross and net on all divisions with a notable rise on the lines east of Pittsburg amounting to 623000 in gross and 437000 in net. Detailed results follow.
MENTIONED IN THIS ARTICLE
Pennsylvania Railroad
Pittsburg
Outside securities market closes firm with notable moves
The outside securities market remained firm and quiet. American Can common rose to 284, preferred to 764, closing near highs. Seaboard Air Line common up to 27, preferred 45, bonds 8. Union Copper strong, about 2% traded to 7. Tennessee Copper up 1% to 22. Bank shares in demand, Bank of Commerce and National City led gains with Bank of Commerce touching 45 and National City advancing to 740.
MENTIONED IN THIS ARTICLE
Seaboard Air Line
Denver
Southwestern
Union Copper
Tennessee Copper
Bank of Commerce
National City
Also Mentioned on This Page
THE
Sora
Amal Copper
Bait & Ohi
Ches & Ohio
Cb & Q
M & St P
RI & Pac
Col Southern
Aso Cent Tobacco
Kan & Tex
Vuth Pacific Ag
South Railway
Texas Pacific
Elfie
Oita
West Union
Money and Exchange
Bankers
Frances
Belgium
Switzerland
Germany
Reichsmarks Holland Guilders
San Francisco
Cincinnati
Charleston
Savannah
Federal Treasury
Wall Street and Exchanges
American Securities Abroad
Colorado Springs
Colorado Springs Mining Stock Exchange
William P. Bonbright & Co
Isabella
Little Puck
Lexington
Magnet Rock
Moon Anchor
Pilgrim
Pinnacle
Portland Argentum
Vindicator
C Creek
Battle Mountain
Terlack
Cal City
Manid Sovereign
Consol
Teecrece
de Haven & Townsend
Wallst
Amer Ry Co
North Penn Tones
Wwt
Penn RR Co
Cambria Steel
Penn Steel
CP Ry Co
Choctaw Ry
Penn el Veh Co
Tidewater Steel
Ih Ternee
UN Cos of NJ
Nat Asphalt
Union Traction
Eesecee
Welin Gas
North Central Gas Imp Co
WIL & of Bonds
Ind P Ry Co Ae N J
People’s Trac
Nat Asph Ss
Union Trac
Consolidated Exchange Sales
ERIP
Cha. Ss
Buffalo
Allegheny Valley
Wilmington
Easeix
Northern Central
West Jersey and
Seashore
Inc
Eneereneee
e--Inc
Teeeweeee Inc
Canzoo Lian Pacific
Estern
Rilo Grande
Oo Hocking Valley
Minneapolis
St. Laui
St Louis Southwestern
Oledo
St Louis
Wiestern
Escesses
Ferry Companies
C. F. Frothingham
Brnadet
Askag
Bklyn
NY & ER Ferry Co
NY & HF
Union F
NY & NJ F
E&es
NY & East R
WG Mutual Co
N Am Co
NY & ER
Askea Bay State Gas Co
Bing Gas
Cacceessaenseu
Buff C Gas
Saay & Oo
Colum Gas Co
I &N
Grand Rapids G L
aKenes
Indianap
M. &Nn
Lafayette
Nl& W
G & E Co
NEG & C
Syracuse
St Joseph
St Paul Gas
Miln. J. & J
M &N
Saxony
Hamburg
Cologne
Munich
Augsburg
Frankfort
Vienna
Clinton Gilbert
Wakato
Atlantic Ave
Aé&o O
Bklyn Heights
Ae&o
Bklyn B & W
Bklyn Q C&sc
Bklyn Crosstown
Bklyn C & Newtn
Coney
J&js
W & Fl
Ist
Outside Securities
Co. F. Frothingham
Bia
Cadens Aberdeen
Hlinots
Inter Umbrella c. Se
Sly den
So West
Standard Oil
jTel Tel & C
Sd Union
Elec Leam United Rallic
TS Electro
C Flem
Worth Pump
White Knob
J&j
Ry Co