Bank and Paris Financial Roundup From Daily Markets
Closing prices yesterday show mixed moves with bullion down 498,222 and other deposits up 1,022,000 while public deposits fall 1,168,000. Bank of England reserve ratio drops to 49.61 percent as discount rate holds at 3.2 percent. Paris weekly Bank of France: notes in circulation rise 60,825,000 francs. treasury accounts fall 58,125,000 francs. bills discounted drop 110,860,000 francs.
MENTIONED IN THIS ARTICLE
Bank of England
Paris
Bank of France
ATS Facts. Penn conv and railroad stock notes
Market brief listing various bond and stock quotes with percentages and abbreviations for lines such as Penn conv, B&O, Reading gen South, St Pac conv, and Wabash. Includes rates like 9, 85, 101, 97, and 115 percent with a focus on railroad and banking securities.
MENTIONED IN THIS ARTICLE
Penn
B&o
Gonsol Tob
Mex
Dst Inc
Wabash D
T&s
Nor & W
PC & Cas
C of
Con &S
Do Ist Inc
4A Inc
D Inc
Bae & E Ist
Borg Re
S. Ae
Rio
West
Pia
Ie & E I
Cb & Q
St L & SF
Es & S W
Sk So Pac
T& OC
Erie
U S Steel
Ae Omoh
Ikan City
Poe
Ls& So
LE & W
Foo
Av & P F
Lou & Nash
Val &Cs& Qu
West Shore
Day's Stock Operations Report Declines Driven by Bear Activity
Declines in yesterday's market stemmed from speculative liquidation and bear pressure rather than changes in actual worth. St Paul, Pennsylvania, and New York Central led losses with liquidations concentrated among professionals. gold flows and foreign investment show mixed signals amid crop warnings and upcoming government reports.
MENTIONED IN THIS ARTICLE
St. Paul
Europe
New York
Treasury
Missouri
Bond market wrap reports steady government issues and weak railroad bonds
The day's bond operations show a steady government market with final quotations listed for various reg. and coupon bonds including US reg 10 percent and 5s. Railroad bonds were weak with total pur value sales at 2,230,000 and heavy activity in Atchison issues and several 4s and 5s from major lines along with United States Steel and other debentures.
MENTIONED IN THIS ARTICLE
U.S
U.S. Ss
S. Ss
Atchison
Atlantic Coast Line
Baltimore and Ohio
Chesapeake and Ohio
Chicago
Burlington and Quincy
Rock Island
Southern Railway
Union Pacific
Consolidated Tobacco
United States Steel
Foreign Bank Returns May Reflect Reserve Drop
London June 4. The weekly Bank of England return shows total reserves down by £621.0 and circulation up, signaling shifts in liquidity as the financial authorities monitor monetary strength and market demand.
MENTIONED IN THIS ARTICLE
London
Bank of England
American Securities Abroad Market Placed Firm in London
London June 4 The market for American securities was firm as a rule on a small volume of business. Final prices follow.
MENTIONED IN THIS ARTICLE
London
Money Market and Exchange Rates Report
Money on call opened at 2 19 percent, high 4 42 percent, low 2 42 percent, last 22 percent, close 22 percent, ruling 2 percent. Time money quoted 3 percent for 60 to 90 days, 4 44 percent for four months, 4 44 5 percent for five to six months. Foreign exchange steady with actual close rates for cables and bank postings. domestic exchange by city with various premiums and discounts. Bank clearings for major cities listed. foreign money market notes London call money at 3 34 percent, Berlin and Paris rates shown. foreign securities and silver prices provided. government receipts and sub-treasury balances summarized.
MENTIONED IN THIS ARTICLE
Cail
Reichsmarks
Paris
Belgium
France
Switzerland
Germany
Reichsmar
Holland
New Orleans
Bank
San Francisco
Telegraph
Boston
Charleston
Chicago
Cincinnati
Savannah
St. Louis
Minneapolis
New York
Baltimore
Philadelphia
London
Berlin
Berlin Exchange
Pfennigs
Paris Exchange
Madrid
Lisbon
Buenos Ayres
Washington
Sub-Treasury
Clearing House
Wall Street and Foreign Trading Amid Steady European Markets
Foreign houses traded 35 000 shares in the local market on balance. London’s general market was steady and Paris exchange to London was easier. Bank of England kept rates. bullion loss noted. Major quotations include Amalgamated Copper, Anaconda, U S Steel, Reading, Pennsylvania, and others with Western Union at 243 and Canadian Pacific at 1 11 5 per cent. International Steam Pump declares 17 per cent preferred and 4 per cent common dividends. earnings set record highs. Pennsylvania stock rights and underwriting syndicate details noted. American Street Railway Investments issued with 1,361 reports and maps. Atchison and Erie earnings and dividend movements discussed. National Railroad of Mexico issued warnings.
MENTIONED IN THIS ARTICLE
London
Paris Exchange
Bank of England
Amalgamated Copper
Anaconda
American Ice
Atchison Common
Brooklyn
Western Union
Canadian Pacific
International Steam Pump
International Steam Pump Company
Pennsylvania
Wall Street
American Street Railway Investments
McGraw Publishing Company
United States
Atchison
Berwind
Rock Island
ERIE
Erie First Preferred
Manhattan
Brooklyn Rapid Transit
National Railroad OF Mexico
Interborough Reelects Directors as Earnings Rise
The May week shows an increase over last year of 79792, boosting the monthly gain to 236179. Since January 1 earnings rose by 897060, with securities, particularly the common, attracting strong buyers and hinting at higher prices ahead. Directors re elected for three years were August Belmont E P Bryan James Jourdan M B Plant and Cornelius Vanderbilt.
MENTIONED IN THIS ARTICLE
Interborough Rapid Transit Company
August Belmont
E. P. Bryan
James Jourdan
M. B. Plant
Cornelius Vanderbilt
County Trust Company Organizes in White Plains
The County Trust Company met in White Plains on a recent Wednesday and elected officers including President Howard F. Foster and Vice President David Cromwell with Joseph H. Mead as secretary. Directors include Edwin S. Marston Richard Sutro Benjamin W. Loeb James P Horan Frederick Geller and others. Capital is 100000 with a 50000 surplus and it will conduct general trust and banking business from its Barrett Building offices on Railroad Avenue starting July 1.
MENTIONED IN THIS ARTICLE
County Trust Company
White Plains
Howard F. Foster
David Cromwell
Joseph H. Mead
Edwin S. Marston
Farmers” Loan and Trust Company
Richard Sutro
Benjamin W. Loeb
Sutro Bros. & Co
James P Horan
Turner, Rolston & Horan
Frederick Geller
Howard R. Foster
Central Bank of
Westchester County
First National Bank of
The
Home Savings Bank
William L. Ward
Port Chester
N. Y
John J. Brown
Village of
Wilson Brown
Barrett Building
Railroad Ave
Wheeler Elected Secretary of New York Cotton Exchange
The New York Cotton Exchange held its board meeting yesterday for organization. Henry H. Wheeler, who chairs the commissions committee, was elected secretary of the exchange.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
Henry H. Wheeler
Committee On
Exchange
Cotton Crop Outlook From Dun's Review
Reports from Dun's Review branches describe overall slight improvement in cotton conditions but a very backward crop. Weather has generally improved with ample rainfall and higher temperatures, yet stands vary: Virginia and parts of Carolina poor, Georgia fair with replanting and warmth, Alabama good with rapid growth, Mississippi Louisiana hindered by weather, Tennessee heavy rains, Arkansas poor with replanting and floods, Texas benefited by rains but still backward and yield below average.
MENTIONED IN THIS ARTICLE
Georgia
Alabama
Mississippi
Louisiana
Tennessee
Arkansas
Texas
Outside Securities Market Shows Dull Irregularity
The outside securities market remained dull and irregular after a brief midweek improvement. Northern Securities weakened sharply from 92 5/8 to 91 4 5/8 while American Can opened strong but faded to close flat. American Light and Traction rose, St. Louis Transit edged up on light volume, copper shares stayed quiet and uneven.
MENTIONED IN THIS ARTICLE
Northern Securities
St. Louis
Also Mentioned on This Page
Ama
Mexico
Sawon Oil
Ont & W
iNorf & West
Topea
Nor Amero
Isgar & Ghio
Peo G& C Brockimn RT
Penn R
Canadian Pac
Readinga
Ches & Ohic
Rock
Ite
Chic & Alton
Chic Gt West
Rep Steel
Cm & St P
Texas & Pacific
del & Hudson
U S Leather
Union Parific
Minds Central
U S Realty & C
Louis & Nash
Este Lw U S Steel
Go Press
Met Street Ry
Wahes' BS
Mex Central
Ée Aeace
W & L E Ist
Ms Press
West UN Tel Seh Mo K & T
Wis Central
al Go
Foreign Bank Returns
Stock Exchange
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Southern Pac
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den & Rio Grande
Sita
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As —— North West
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Usted
Fin. N
Albans & Sus
Allis Chal Co
Amal
Am Agr Chem
Amer
Amer Twin
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Amer Ice
Mae Oa
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Smeitt
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Tel & Cab
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Ann Arbor
Htaia
Atchison Seseee Bt
Ohio
Lpf
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Bi Brunswick
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Canada Southern
Spas
Clev & Pitts
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Col & South
Isc
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Lille
Lack & Wa
Denv & Rio Gr
Denv & Swest
Idm&ftd
Seer
Detroit
Evans & Ter H. Ae
Chem Co
Hock Valley
Iowa Central
Keck & D M
Laclede Gas
Lake Erie & W
A & Tex
York
IDSA
Pacific Mall
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Peoria Do Rights
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Pere Marquett
Seavea
Oy Pitts
Pullman
Anne Rens
Sara Do
Rep Iron & Stl
Tay Tigmal
Rock Teland Co
Rome
Wat
St Ll
St L
Boas
Southern R R
Gut Stand
Tenn Coal & I
Oe BO Do Land Trust
Third Ave
Tol Peo & West
Ry & Light
Montis
Twin City
Bag & P
United Fruit
Wells Fargo
West Union Tel
Westingh
Silver Bus Cris
Aracsi Os
Tonete Ee
Argentum
Eeaay
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Isabella
Leadville
Fea
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Louisy & Nash
Met Street
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Missouri Pacific
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Norfolk & West
Southern Pacific
Texas Pacific
Twin City Rei
U S Leather. Co
Unio
Ing
Consol Tob
BA48
Wall Street and Exchanges
H. H. Wheeler
Northwest
Outside Securities
Frederic H. Hatch
Sroad St
Mae
Laskea. Sateen ' Amican Akrassee
American Book Co
American Thread Co
Press Association
Soda Foun
Cen
C. Am
Chesebro Mfg
H. B
F&a
E. Ridgesate Securities
Etric Boat
Herring-Hall-Marvin
Herring-Hall
Marvin
Hoboken Land & Imp
Hudson River Tel
Inter. Rap
Wwe
Inter. Mer. Marine
Inter
Mer Marine
International Banking
International Salt Eiemee
International Silver
J. B. Stetson
Light, F. & P. Co
Adison Square Garden
Manhattan Trans
Montreal
Boston Copper
Merzgenthaler Linotype
Niles-Bement-Pond
Northern Securities Eis
Otis Elevator
Old Dominion S. Sec
Pacific Packing
Pacific Packis & Nav
Pratt & Whitney
Procter & Gamble
Pet & Gamble
Seaboard Air Line
Simmons Hardware
Simmon
Singer Mfg Co
Swift & Co
Tennessee Copper
Nevada
Trent N Potteries
Trenton Potteries
Tron
Lsnion Ferry
Union Switch
Union
A&o
Idnion
A&a
Universal Tobacco
U. S
U S
Westinghouse
Worthin
Carnegie Steel
Ts & O
Grain Elevator Inc
Hecker-Jones-Jewell
Mesie Hoboken L. & Ieters
Mer
Marine vTs
Maine Steamship Eens
Metropolitan Ferry
M&n Os
Ing&o
L & Tr
Buffalo Gas
Bingh Gas Sa
Ceglé
K.C Gas Co Se
Areencee
Kge O & Ind
Pat & Colum Gas
Pitts
So L
Syr
Clinton Gilbert
Wall-st
Alliance Realty
J. Ae
Bowling Eeery
Century Rity Co
Ta Equitable
Empire
Wawwceel
Fifth Ave Tr Co
J. Ee Flatbush Weeee
Franklin
Guardian
Hamilton
Hudson Real
McVickar
Sie Mercantile
Ie Morton
Merchants
Wy. A
Ftnae Metropolitan
Mueneee
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SJ &J
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West End
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Tel & T
Parrot
Quincy
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Wolverine
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Asie Atkali
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Ry Co Ween
Phila Co. Eceeres
Penn R R Co
Penn Steel
Cambria Steel
Penn Elee Diamond Steel
Elec St Bat Co
Phila Elec A
Do Phila R T. el
Newark
Toa Ind P Ry
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Ateee
Chesapeake and Orito
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Ens
A Inc
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