Sharp Recovery In Stocks Advances Of 2 To 4 Points
Active buying by bargain hunters and heavy covering boosted stocks with advances of two to four points. Foreign purchases on Wednesday supported a broad rally as heavy trading occurred in many issues including Atchison 4s, Atlantic Coast Line 4s, Baltimore and Ohio gold 4s, and others. Consoli dated Tobacco and United States Steel 5s also showed activity amid the gains.
MENTIONED IN THIS ARTICLE
Atchison General
Atlantic Coast Line
Maltimore
Ohio
Chicago
Burlington and Quincy
Rock Island and Pacific
Erie General
Werner, Bay and Western
Oregon Short Line
Pennsylvania
Reading General
St. Louis
San Francisco
Union Pacific
Wabash Debenture
Consolidated Tobacco
United States Steel
Monthly and year to date receipts and expenditures figures
Receipts for the month to date total 20,292,565 with expenditures 15,310,000, leaving an excess of receipts 4,982,565. Year to date receipts reach 530,826,037 while expenditures total 696,852, producing an excess of receipts 43,999,185. The Sub-Treasury shows a debtor balance to the Clearing House of 282,291.
MENTIONED IN THIS ARTICLE
Sub-Treasury
Clearing House
Railroad and Other Stocks Abroad Trade Data
The report notes totals for the day across American securities held abroad with a focus on unlisted items. It lists per-day sales figures and overall turnover, highlighting the presence of foreign listings and the breadth of U S holdings in international markets.
Stock Market Rallies Amid Broad Gains and Diverted Bets
The market recovered from a sharp drop with many active issues advancing early and closing higher. Notable gains appeared in Amalgamated Copper, Atchison, Baltimore and Ohio, Canadian Pacific, St Paul, Missouri Pacific, Norfolk and Western, Southern Pacific, and Union Pacific, while foreign account orders surged and short interest fell. Government crop conditions for June 1 show stronger yields than early estimates, with wet corn belt weather delaying planting but not derailing a solid harvest outlook. Overall sentiment turned bullish as fear of an industrial panic receded, though some bear voices warn the market could still retreat.
MENTIONED IN THIS ARTICLE
Ask
Adame Ress
Albany US
Allis Almers
Amer Ed Chem
Amer Biesele
Am Car & F
American Coal
Amer Cotton Oi
Ica
Amer Dist Tei
jAmer Express
Amer Twine
Amer Hide & L
Amer Linseed
Amer Sugar
Am Tel & Cable
Am Tel & Tel
Amer Woolle
Anaconda
Ann Arbor
Asso Mer Ist
Atchison
Amer Foundry
Eali
Ohio
Boston
Byanswink
Buf R & Pitts
Aera
Buitterick Co
Canada South Ga
Canadian Pacific
Central of NJ
Ni Ches & Ohio
Chic & Northw
L & Wh
Clev & Pitts
Col Fue
Iron
Col & Southern
Col & HC & Ir
Consol Coal
Consol
del & Hudson
del Lack & W
Denv & Rio Gr. T
Denv & Southw
jDes M & Ft D
Detroit Southern
Det United R
Evans & Tfe
Guis
Sais Hocking Valley
Iowa Central
el & So
Keok & Des M
L & Western
Islan
Uis & Nash
Beach
Manhattan el
RAIS
Minn & L
Mo Kan & Tex
Amer- Missouri Pacific
London
Nash & Chat
Jean Securities
Biscuit
Nat Fnam & G
Sana Jan
Ais
Ois Central
Ss & WN
Pennsylvania
Nh&h
Norfolk & West
Southern Pacific
Union Pacific
NY & WN J
Ontario
Pacific Coast
Abe
Eali & Ohio
Ches Ohio
Foe
Pacific Mail
Penn
ORL
Real
Peoria
East Dormeghts
Kan & Texas
Peo Gas & Coke
Nor & West
Pere Marquette
Pullman
Sil Spring
Ens & Sara
Rock Island ‘Co
Rome
W & Ogd
Toolec Speek Oe
St L & San Fr
St Louis
Southern RR
Tenn Coal & Ir
Texas & Pacific A
Third Ave RR
Tol Pen &Won
Tol St L & W
United Fruit
U S Realty
Steen
Ios
Wabash
Wells Fargo
West Union Ta
Westingh
Norfolk and Western
For
Amalgamated Copper
Atchison, Batimore and Ohio
St. Paul
Missouri Pacific
Corn
United States
Wall Street
Berlin
Amsterdam
New York
Servia
Bank of England
American Ice
Atchison Common
Brooklyn Rapid Transit
Baltimore and Ohio
Colorado
Delaware and Hudson
Erie
First
Louisville and Nashville
Manhattan
New York Central
Metropolitan Street Railway
People’s Gas
Reading First
Rock Island
Southern Railway
Sugar
Tennessee Coal and Iron
Hoffman House
Lower Wall Street
Gould
Texas
H. G. Weil
Speyer & Co
Government of
Mexico
Lackawanna’s
Hoboken Ferry Company
Lackawanna Railroad
Barclay St
Christopher St
Lackawanna
Hoboken Ferry
Netherlands
Bergen
Musconetong
Hepatcong
Wall Street Journal
Great Banks
New York Stock Exchange
Lst
Missouri
Kansas
First Mortgage
Eectric
Age Arter Company
Poten Virginia-Carolina Chemical
Iteteen
Virginia-Carolina Chemical Company
Soresore
Ayabewr
Market Bond Prices Reported As Railroad Bonds Strengthen
Government bond notes show market strength with railroad bonds trading firm. Total per value sales reach 2.1755 while prior figure was 3.563, reflecting continued demand and varied reg and case references.
MENTIONED IN THIS ARTICLE
Eeems
U.S
WSIS
Foreign Bank Returns Show Mixed UK and French Totals
London on June 11 reports the Bank of England weekly data with reserve up 1,423 pounds, circulation down 267,000, bullion up 1,056,431, and government securities up 124.0 percent while notes in reserve rise 1,425,000 and the reserve liability ratio sits at 53.065 percent. Paris likewise notes June 11 figures for the Bank of France with notes in circulation down 53,825,000 francs and various asset movements including gold, foreign bills, and silver changes.
MENTIONED IN THIS ARTICLE
London
Bank of England
Paris
Bank of France
Treasury
Money Market and Exchange Rates Snapshot
Money on call opened at 4 4 percent with highs to 2 percent and last loan at 134 percent. Time money quoted 4 to 5 percent for various terms. Foreign exchange market closed steady with cable rates and banker's posted rates shown for sterling francs guilders Reichsmarks and more. Domestic exchange notes par, premiums and discounts in several cities. Bank clearings and foreign money market details provided. Government receipts and expenditures for the day listed.
MENTIONED IN THIS ARTICLE
Reichsmarks
Telegraph
Boston
Charleston
Chicago
Cincinnati
Savannah
St. Louis
Minneapolis
New York
Pag Arena
Philadelphia
Baltimore
London
Berlin
Berlin Exchange
Paris
Paris Exchange
Lisbon
Washim
Sali
Wall Street Markets and Mexican National News
Foreign houses traded heavily with 60 000 shares in local markets while London copper stock and consols rose. The Bank of England held rates yet showed strong reserves and bullion gains. Mexican National signs on ten-year fiscal agency. Lackawanna ferries improve service. Wall Street conditions noted as uncertain amid liquidation.
Exports of Domestic Products Table Compiled by Bureau
A table compiled by the Bureau outlines exports of domestic products. The document lists categories and figures, presenting trade movement data intended for policy or economic review. Specific product names and quantities appear in the table, indicating trade balances and external demand.
MENTIONED IN THIS ARTICLE
Bureau of
Wool Market Quiet as Mills Show Cautious Buying
The American Wool and Cotton Reporter notes a quiet wool market with smaller mills looking around. Sample bales have been taken but little actual business done, though some mills are placing fair-sized reorders at current prices. Worsteds face weak orders and idle machinery while pulled wools command higher prices abroad. Domestic yield concerns and foreign demand push prices, with Boston showing a year over year drop of 72,198 domestic bales and a rise of 25,655 foreign bales.
MENTIONED IN THIS ARTICLE
American Wool and Cotton Reporter
Boston
West
Outside securities rise on light volume in mixed market
Stocks moved higher at the open as lack of selling pressure boosted prices, with Northern Securities leading gains around 8 percent intraday before closing up 4 percent. Seaboard Air Line common and preferred both rose modestly, while copper shares and several metals followed with fractional to percent gains. United States Refrigerator and Oppenheimer Institute saw small trade at about 100 and 93 percent respectively.
MENTIONED IN THIS ARTICLE
Seaboard Air Line
New Orleans Railway Common
Otis Elevator Common
Standard Oil
Greene Consolidated
Tennessee Copper
United Copper
White Knob
International Mercantile Marine
United States
Oppenheimer Institute
Frederic H. Hatch
American Brass
American Book Co
American Thread Co
Amer
Barney & S
Bay State Gas
Ace Borden
British Columbia
Casein Co of America
Casein Co. of America
F&a
Chesebro
Cccccnse
Claflin
H. B
Dominion Securities
Empire Steel
Greene Con
Hall Signal
Hackensack Meadows
Havana Tobacco
Herring-Hall-Marvin
Herring-Hall
Marvin
Hoboken Land & Imp
Hudson River
Inter
Mer
Marine
Ao International Banking
International
J. B. Stetson
Light
W. v
Lorillard
Madison Square Garten
Manhattan Trans
Montreal
Boston
Mergenthaler Linotype
Loan & Imp
Niles-Bement-Pond
Northern Securi
Otis Elevator
Old Dominion S. Qs
Pacific Packing & Nav
Pratt & Whitney
Procter & Gamble
Simmons Hardware
An-F
Singer Mfg. Co
Oiaoa Win OM
Té&S
Swift & C
Tonopah Mining of
Nevada
Trenton Potteries
New
Union
A&eo
Union Typewriter
A&o
Universal Tobacco
A&o & Universal Tobacco
Worthington
Market Bond Prices and Stake Quotes Report
The report lists various security prices with issuers including Newark Pass and Union Track among others. It notes percentages such as 115% and 108 and references several notes like People’s Trust and National Asrh Halt Se, indicating pricing activity in the fixed income market.
MENTIONED IN THIS ARTICLE
A Co
Am Ss
Newark Pass
FP Ry Co
People’s Tr
Union Track
Nat Asrhalt
Also Mentioned on This Page
Nat
Suger
Central
North West
Nor Ameria
Peo G & C
Penn RE
Canséian Pac
Ches & Ohio
Chic & Alton
Mhic Gt West
Ooo
Rep
É& P. Ixis L&esf
Col
F & I. Bist Lsw
Col & South
iSouthern Ry
Southern Pac
del & Hu
Texas & Pacific
Qi Evans & TH
Louis & Nash
Met Street Ry
At&sfe
En Ist Inc S
Atlantic C
B&o Gold
Penn Cent
Chic
Reasa Cri
Sléss P
Erlegen
Mk Tee
American Securities Abroad
Government Abont
Firm Fina
THE
Stock Exchange
Adams
Hide & L
AT &S
Nyc &Sl
Nott & W
BC R & N
Inc
Union Pac Bae Se
Momo
Raabe
Tim
Ss & M
Ist Inc
M & SL
Foreign Bank Returns
Money and Exchange
Consolidated Exchange Sales
Amal
American Suis
Top & S
Ealt & Ohio
Klynia
OD Ches & & Ohio
Chic & Aiten
Chic Gt West
Chic M & St P
Pref AM
Illinois Centra
Louise & Nash
Met Street
Do Pref
Missouri Pac
Nat’l R R of M
NY Central
Ont & Ww
Rep Steel
Ee Southern Ry
Psoelena Coal & E
Texas Pacific
Sipion Pacific
At Ok At
Sipiun Steel
Wis Central
Ing
Acaccia
Elkton
Occidental
Ophir
Portland
Wall Street and Exchanges
Outside Securities
Joseph Walker & Sons
Vermont
Ati
Chari
Beech Ck
Bleecker St & F
Albany
Bost & Lowel
Bost & Prov
Old Colony
Ay & S
Brooklyn City
Cam & Bur Co
Mawn Catawissa
P&r
M&awn Catawissa
I & Cayuga & Sus
DL & W
Er Central C
Central PN & ER RR Co
Concord & Port
Conn & P R F
River & M
Cc H & der del & Bound Bk
H & SW
iLsa
Ts&d
East Mahanoy &i
Maine
Elmira & W
Erie & Kal
LS & M
Erie & Pitts
Fitchburg Pf
W & J Pt
Garr& Bco
ACL
Goshen & Decker
Grand River V
S&t
Greene RR
Lavd
Hpmtj& Lip
Hart & Conn
Maine Central
Uknois Cen
Mich Central
Ss&m
L&sf
Fa&a
Lake Shore
Little Miami
Lsnr&n
Cp & R
A&ol
Lo & Mo R
M&ni
Lykens Valley
Nor Cent
Man
Man & Lawrence
Lo Mine Hill
Massa Valley
Mob & Birmpf
Mob & Ohio
Cocom
I& Mor
C & B Co Pf
Morris & Essex
Nashua & Lowell
B & Me
A& Oo
Nor & W
Nynh & H
Osw
Syracuse
Rtas
CRI & P
Phil Ger
Nor
Phila & Trenton
Pitts Bess & L Ertecom
B & LE & Carnegie Co
W & C Gens
McK&y
P&l E&lm
Res Pitts & No A
New-Eng
Quincy Bridge
CB & Q
Rens & Sara
D & H Co
Jaz
Spuyten D & Mt M
Nyc
Stock & P
Nynh&h
Second Avenue
Aweeeeer
Sixth Avenue
Oeeceess CF Lyra G & J
Utica & BR
RW & O
M&n
Valley
Vermont & Mass
Fitch R
Ware River
Warren
AaA&o
Wilton
Worcester
Nash
J&j Amer Tel & Cabie
Sas
Commercial Union
Com Union
Mat
Franklin Telegraph
Nt Gold & Stock
Inter Ocean Telegraph
Northwestern Telegraph
Is&ji
Pac & At
A&o Southern & Au Tet
Sarney & Smith Ca
Carnegie Steel
Grain Elevator Inc
A&o S Hecker-Jones-Jewell
Hoboken L. & I
St's
JI & D
Madison Square Garden
Maine Steamship
Metropolitan Ferry Lst. J. Steamboat Sadan
NJ F
New-York Biscuit
Mé&s
N.Y
Standard Flour Milling
Swift & Co
J m
Trenton Petteries Rae Etts
T& 10Th
Street
Yvé& We
Texas & Pacific ‘Oal
A& 166
Union Ferry
M& Nu S
Ws Nz
New-York
Standard
Law Mutual Eereces
L & Tr
iTedianep
Jack Mices
Buffalo Gas
K C Gas Co
Cegulem L & W V
Ind
Pas
Colum
Denver Gaswats
Capiean
Otarenea
Alliance Realty
Amer Surety Co
3D & Mtg Gr Co
J. Bowling Green
Broadway
Brooklyn
J. Century Rit
J. & Central
Centra & 2A I
J. Jonial
Equitable
Eastern
L & Er
Fifth Ave
J. & J. Flatbush
J. Franklin
Guaranty Tr Co
Guardiansone Hamilton
F. J. the
Hudson
Realty Associates
Gr & Tr Co
Trust Co
Tr Co
Republic
J. Z
van Norden
Washington
Wiliamsburg
Windsor
Wert& M Col
R. le Day & Co
Nassau St
Yume
Bost & Albany
Ae Atlantic
Boston & Me I
Bingham
Pr&e US
Fitchburg
NYN
West End
St Ry
Tel & T Co
Quincy
Tel & TF
Westing Elec
Dom Iron & St
Dominion Coal
North Penn
Am Rv Co
Ce Sy Philadelphia Co
Penn Ra
Mt Penn Steel
Cambria Steel
Penn Stl
Tess Penn Vo Co
Elec S$ B
Phila Elec Co
Phil Rap
Elec Co
Amsu
Phil & Ae Fair Pk T
Sus Iron & ® Inc
Tidewater
Lehigh
Ad Marsden
Tr Gas Im Co
Welsbach Co