Irregularity in Stocks Ends with Net Losses
Final changes show more losses than gains in a volatile stock session. A crop report exceeded expectations but failed to offset broad market weakness as bears pressed values in late trading. No gold export engagements were reported, keeping metals activity subdued.
Stock Market Operations Amid Poor Crop Outlook and Bullish Bets
Uncertainty over the crop report kept trading light with modest early gains on the Stock Exchange. After 2 pm the figures improved slightly, but the day closed with renewed weakness though losses were limited. Bulls and bears debated futures as Morgan and Standard Oil accumulations suggested a broader demand for stocks.
Bank of Germany weekly return shows big cash and securities shifts
Berlin June 10 The weekly return of the Imperial Bank of Germany records cash on hand down 6,420,000 marks, treasury notes up 64,000 marks, other securities down 57,700,000 marks, and notes in circulation down 27,600,000 marks.
MENTIONED IN THIS ARTICLE
Berlin
Imperial Bank of Germany
Treasury
American Securities Abroad Market Update
London June 19 market dull with little price change on American securities. Notable quotes include Anaconda and Atchison near prior closes, Pacific and Reading levels steady, and a general quiet tone across New York and London listings. Foreign money market shows call money at 3 4 percent, and Berlin and Paris discount rates around 4 and 7 percent respectively.
MENTIONED IN THIS ARTICLE
London
New York
Anaconda
Atchison
Canadian Pacific
T — Mitnels Central
Taulse & Nash
Penn R R
Pacific
E & Ls As Pacific
Call
Open
Short Hills
Long Hills
Berlin
Paris
Paria Exchange
Ts. Syd
Berlin Exchange
Hritish Consors
Money and Exchange Market Summary
Money on call opened at 2 percent with fluctuations between 2 and 2 1/2 percent. Time money quoted for various terms up to six months. Foreign exchange opened easier with cables and sterling figures, closing firmer. Domestic exchange, bank clearings, and silver and gold markets listed with rates. Government receipts and Sub-Treasury balances shown for the day and year.
MENTIONED IN THIS ARTICLE
Madrid
Lisbon
New York
Washington
Sub-Treasury
Clearing House
Produce Exchange Stocks Trade Dries Amid Dull Session
Trading in the mining department was light with only four stocks changing hands. Branch Mint led activity at 12% to 12 3/8 cents, totaling 3,500 shares, while Nevada Exploration moved 1,500 at 14 1/2 to 14 3/4 cents and Greater Nevada 1,000 at 2 1/2 to 2 5/8 cents. Tramp Consolidated traded 1,400 shares at 6 1/4 to 6 1/2 cents. Bid and asked figures showed limited interest across multiple listings as market makers posted narrow quotes.
MENTIONED IN THIS ARTICLE
Produce Exchange
Nevada Exploration Company
Greater
Nevada
Sic
Am. Chicle Co
McKinley-Dar
Mint Pr
Mines Co
Ipeeno G-S
de Vret
Outside Securities Market Fluctuations At Midday
Opening prices showed strength in leading shares with active trading but midday heavy selling pushed many values to or below the previous close. Late trading was fractional with mixed results as Manhattan Transit slipped, Standard Oil faded, New York and Cuba Mail Steamship gained, and bonds remained inactive and steady.
MENTIONED IN THIS ARTICLE
Manhattan Transit
Greene-Cananea
United
Nevada
Utah
Standard Oil
New York & Cuba
Chicago
TOPICS OF THE STREET FOREIGN TRADING AND MARKETS
Foreign houses held 25 000 shares in the local market with a net sale of 5 099. London began as a seller then became a buyer amid a firm general market. The Bank of France did not secure gold offerings. the Bank of England and Paris exchange moved as gold demand waned. Pittsburg iron markets show varied demand for spot and near deliveries. prices firm and furnaces nearly sold out for the year. Copper producers hold. a likely shift to concessions as large buyers enter late in the year. Dividends declared from several mining and railway companies with varying schedules. No settlement reached in Western Ice dispute. Lehigh Valley bond syndicate dissolved. United Fruit bonds issued. banks report cash losses with Sub Treasury dealings.
MENTIONED IN THIS ARTICLE
Stock Exchange
Tribune
St. Paul
Erie
Great Northern
Missouri Pacific
Northern Pacific
Southern Pacific
United States Steel
Paris
London
Bank of England
Bank of France
Wall Street
Morgan
Union Pacific
Standard Oil
Harriman
Paris Exchange
Pittsburg
Coppet Croducer
Cas
Horn Stivep Mining Company
Pittsburg Metal Mining and Milling Company
Maryland Electric Railways Company
Boston & Providence Railroad Company
General Electric Company
Old Colony Railroad Company
Western Ice Company
John S. Field
Knickerbocker Ice Company
Chicago
Field
Knickerbocker Company
Lehigh Valley Bond Syndicate Disc
Lehigh Valley Collateral Trust Bond Syndicate
Coxe Brom & Co
Coxa Bros. & Co
United Fruit Company
Tinted Fruit Company
Sub Treasury
Copper company earnings posted in county assessor records
The Amalgamated Copper Company subsidiaries and the North Butte and Butte Coalition firms filed statements with the Butte Montana County Assessor through May 1. A summary lists Anacondy Boston Montane Butte Boston Parray Trenton Washoe North Butte and Butte Coal tion Red Metal entities.
MENTIONED IN THIS ARTICLE
Amalgamated Copper Company
North Butte and Butte Coalition
Red Metal
Butte, Mont
Anacondy
Boston
Montane
Butte
Boston Parray
Trenton, Washoe
North Butte and
Butte Coaltion
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Bankers and Brokers
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the Rookery
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VAL
IST & Coll
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van Schaick
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Cobo
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Stewart Mining
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Allis—Chal Co
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le Detroit
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William EB. Nichols & Co
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U Gas Sa
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Zul
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Joe G
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Jom Southern R R
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Fitchbure F
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scL_LP& P
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Eno
U & Smelters Co
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Tay Ats U
Pau
Jase
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jWells Fargo
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Canal & Dock
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