Stocks Jump On Strong Demand Amid Bond Activity
Closing prices yesterday show gains in principal active securities with Union Pacific highlighted. Bonds and money market demand reported as supportive factors. Net changes from Wednesday's final quotations indicate positive momentum across key issues.
Stock Exchange Report Railroads and Other Stocks
A stock market roundup shows bids and prices across railroad and other sectors. Notable entries include Am H & L, Zeon, Texas Pacific, and Ches & Ohio bonds with various coupon rates and maturity notes. scarce quotes and par figures appear amid a dense ticker-style listing.
M K and T 24 4s and 85 percent notes
A compact snippet lists 24 4s with 85 percent and 1 percent for North Pacific 3s, Reading gen 4s, OS and South Pacific 4s, Tex and N O Ss, UP Cen 4s, and other line items including Wabash D Bs and Wis Cen gen 4s. It notes numbers and letters typical of stock and railway shorthand with scattered percentages and codes.
MENTIONED IN THIS ARTICLE
L & FE
Erie
Tia T& OC
New Wabach
Itmwea Ist Inc
Ino
MK & T
North Pac
South Pac
Tex & N O
Wabash D
Col Mia
Col & So
Erie Gen
Cen Ist Inc
Go 24 Inc
MOK & T
New York
Cen UN Gas
Omn Mats
Consol
Balt Consol
Pn Eee
Jack Gas
Mich
Do Ist
Jae'ee
C Gas
Buffalo Gas
Gas Co
He Tin
Ind
Pat & P Gas
Colum Gas
Pitts
St Joseph
Denver
St Paul
Detroit
South
le & Tr
Syracuse Gas i
Stocks Rally As Union Pacific Leads Market Surge
Strong stock market activity ends near day’s high with notable gains across railroads and industrials. Union Pacific advances spur optimism as St Paul collateral backing bonds. Western Union and Denver Rio Grande among bid favorites. Easy local money market and London discounts ease further. Bank of England cuts rate slightly.
MENTIONED IN THIS ARTICLE
Met
Union Pacific
St. Paul
Atchison
Baltimore and Ohio
Rock Island
Big Four
Denver and
Rio Grande
Manhattan
Minneapolis
St. Louis
Southern Pacific
American Car and Foundry
Amalgamated Copper
Colorado Fuel and Iron
Sugar Refining
International Paper Preferred
Tennessee Coal and Iron
Western Union
Western Union Company
Western
London
Bank of England
Paris
Days Operations in Bonds Market Shows Firm Tone
Government bonds closed with steady bids and asks as U S Treasury issues and railroad bonds attracted buying. Total railroad bond sales reached 5 451 000 par value, led by Atchison 4s Baltimore and Ohio 4s and Central of Georgia 5s, with broad activity across multiple lines and issuers.
MENTIONED IN THIS ARTICLE
U.S
Atchison General
Baltimore and Ohio
Southwestern Division
Central of Georgia
Central Pacific
Chicago
Colorado Midland
Colorado and Southern
Erie General
Kings County
Missouri
Kansas
Texas
Northern Pacific
Reading General
St Louis
American securities abroad market recap from London
London market closes irregularly on American securities with a strong finish. Final prices include Atchison 85 4, Canadian Pacific 206 4, St Paul 171 3, Illinois Central 146 4, Louisville and Nashville 112 4 5, Union Pacific preferred 59 and Central 159 5, Erie 4 4, Pennsylvania 78, Reading 23, Erie first preferred 7 14, Northern Pacific preferred 1 60, Grand Trunk 11, Anaconda 9, United States Steel 0, do. preferred 11.
MENTIONED IN THIS ARTICLE
Rf & West
Rth
American
aThwestern
Eee
Sa Matan
Balt & Ohio
Is RA
Brooklyn RT
BU Canadian Pac
Wple’s Gas
Hes & Qhio
Ing
Ahs
Cm & Chs
Guia
P. Ize
Bae Cri& Pac
Chic & Alton
SL & W
Col & So
O's
Col F & Iron
Contin Tobacco
S&st. del & Hudson -Mt
Texas & Pacific
den & Tenn C & I Co
sLé W
Union Pacific
Hiinois Central
Steel
Ra's Do
Louis & Nes
Merhattan
Tis West Union Tel
Wheel & LE
Wis Central
Missouri Pac
London
Atchison
Canadian Pacific
St. Paul
Minois Central
Louis Ville and Nashville
A Central
Erie
Pennsyl
Reading
Northern Pacific
Grand Trunk
Anaconda
United States Steel
Do. Preferred
Ats
Top & S Fe
RI & Pac
Wwe
Col
Col Southern
Touts & Nash
Manhattan
K & Tex
Pacific
Gaby
Pacific Mall
Pennsylvania
St Law & Adir
So Railway
Lo Tenn Coal
Texas Pacific
Bank of England Weekly Statement Highlights Changes
London and Paris report show reserve shifts with Bank of England reserve up and public deposits down. Note reductions in circulation, bullion gains, and a discount rate cut. Paris notes decreases in notes in circulation and treasury accounts rise. Significance lies in shifts of monetary liquidity and bank position.
MENTIONED IN THIS ARTICLE
London
Bank of England
Paris
Bank of France
Money and Exchange in the Money Market Report
Money rates show call money at 3 percent with ruling rate 3 percent. Time money ranges 3 percent for sixty days, 314 percent for three months, and 34%64 percent for four and six months on railroad collateral. Commercial paper 4 percent for three to six months for top names. higher for less-known names. Foreign exchange market firm with closing rates for cables and bankers posted rates across multiple currencies. Domestic exchange on New York and New Orleans listed with discounts and bank rates.
MENTIONED IN THIS ARTICLE
Ste
Reichsmarks
New-York
New-Orleans
Financial markets in brief across cities and currencies
Currency and banking notes show discount rates and premiums in Cincinnati Boston Chicago and Savannah with par and premium data. Bank clearings and balances reported for New York Boston Philadelphia Chicago and Baltimore. Foreign money markets list London Berlin Paris and Madrid rates, exchanges, and bullion prices.
MENTIONED IN THIS ARTICLE
Cincinnati
Boston
Chicago
Charleston
Savannah
New-York
Philadelphia
Baltimore
London
Berlin
Berlin Exchange
Paris Exchange
Paris
Madrid
Buenos Ayres
Rome
Lisbon
Treasury Receipts and Expenditures Reported for Today
Washington reports the Treasury at the start of business with customs receipts 768 411 internal revenue percentage missing miscellaneous six 5 017 total 2 335 385 expenditures 1 540 000 month to date receipts 22 192 08 expenditures 15 545 00 excess 6 717 08 year to date receipts 557 706 481 expenditures 492 472 266 excess 65 234 215 national bank note redemptions 559 009.
MENTIONED IN THIS ARTICLE
Washington
Wall Street Sessions and Stocks on Foreign Trading
London prices for American securities were irregular and limited arbitrage activity appeared scarce. Total dealings reached about 250 shares with more sales than purchases. Various loan quotes list numerous common and preferred issues across rail, steel, and utilities with mixed responses.
Anthracite Coal Market Report Sees Steady June Activity
June letter from the Anthracite Coal Operators Association notes fair activity in all sectors with steady buying for stockpiling. Dealers hold an advantage due to price firmness and monthly advances, while production remains aligned with demand. Likely July August inactivity except western deliveries. production may adjust to sustain prices for fall.
Iron market shows steady demand with no July movement
Rogers Brown & Co report pig iron movement not yet begun and not expected before July 1. Buyers’ needs met by early year purchases. Furnaces near capacity, iron flowing to immediate consumption. Outlook improved, with no urgency for new orders as buyers expect stable or lower prices. Crow outbank shows gains, shipments being hurried to meet demand.
MENTIONED IN THIS ARTICLE
Pacific Coast
Crow
Outside Securities Market Ends Mixed Amid Light Volume
The outside securities market closed irregularly with varied activity. Consolidated Tobacco bonds slipped to 70 percent on thin trades, American Locomotive stayed dull, Central of Georgia Chattanooga Division 4s traded for the first time with about 25,000 dollars moved from 89 to 8.814, and several issues such as Cotton Duck and Bay State Gas showed gains or activity.
MENTIONED IN THIS ARTICLE
Consolidated Tobacco
Cotton Duck
Bay State Gas
Denver and
Southwestern Common
Old Colony Company
Central of Georgia
Chattanooga
Union Copper
Standard Oil
Bank of Commerce
Burlington Cedar Rapids and Northern earnings filed
Railroad earnings report details filed with the Railroad Commissioners for the Burlington Cedar Rapids and Northern line. Ogdensburg Street Railway quarter ended March 31 shows financial results and regulatory status.
MENTIONED IN THIS ARTICLE
Burlington, Cedar Rapids
Ogdensburg Street Railway
Saea East
Poughkeepsie and
Wappinger
Inc
Rock City
Bradford
Trade in Chicago wheat and corn markets report
Wheat eased early then closed near previous day with July below 7 cents and September around 69 cents. July and September saw sizable liquidation and shorts covered. Oats traded broadly with steady to lower moves. cash and seaboard activity strong. shipments and clearances for corn and oats noted, with several price points and numbers mentioned. Provisions weak as hog prices fell and packing demand softened.
MENTIONED IN THIS ARTICLE
Chicago
Seaboard
Minneapolis
Northwestern
Weares
Phillips
Go Country Holdings
Liverpool
Iowa
Oats Longs
Shorts
Wye
Lac
Also Mentioned on This Page
THE
Stock Exchange
Do & O
Sao Do
Ches & Ohio
Adams
Belin Ie
Albruy
Amar Copper Tee
Ae American
Amer
Lyon
Amer Bieye Aw
Amer Luca
Am Tel & Cable
Palmer Woollen
al Bhp
Amer Tobacco
Ann Arbor
OSS Ass Atchison
Balt & Chi
Bklyn
Bklyn UN Gas
Brunswick
R&«& Pitts
CR & “Nor
Union Trac
Woo Central
Nsas
Ches & Ohio Am
Ind & Peat
Iss
Ri & Fwi
Odos & St L
Col Huet & Iron
Col & South
Col &H Coal
Toba Oor
Del
del Lack & W
Deny & Rio Gr
Eeins & T ii
W & D City
Hocking Valley
Kan City
Rm Keok
Des M. W
Lake Shore
Long Island
Louisé Cash
Manhattan el
Rinie -M Street Ry
Michigan
Minn & St Louis
Kan & Tex
Etts Pacific
Mermins & Essex
Ont & West
Rae
North & West
Gbig
HAY Digon
Ohio & Ind Gas
Ontario
Pacific Mail
Peoria & Hast
Pere Marquette Ee
C& St L
Lim Rens & Sara
Rep Iron & Uy
Big Rio
West Pf
W & Og
Bay Sa
St Ll
Adi
Jos & Grios
St L& San Fr
Last & i
Southern ER R. Sty
Ft. Oday
Tenn Coal & Ir
LA Do Land Trust
Soa
Third Ave RR
L&w
Twin City
Bag & P
Ae Wells Fargo
West Union Te
BONDS
American Securities Abroad
Money and Exchange
Federal Treasury
Treasury
Ss. Trust
Redemptio
Oes. O
TSO General Fund
United States
Enupesseeteeres
Padeeneen
Consolidated Exchange Sales
Alamo Paca
Con Cal & Va
Elkton
Isabella
Ophir
Wall Street and Exchanges
Atchison Common
Burlington and Quincy
People’s Gas
Wabash
General Electric
Missouri Pacific
New York Central
Reading First
Sugar
American Tobacco
Continental Tobacco
Brooklyn
Pennsylvania Railroad
Ohio
Maryland
Court of Appeals
Committee On Stock
Lst
the Stock Exchange
Chicago Great Western Railway Company
American Linseed Company
Frederick T
Guy V. For
W. H. Jones
G. E. Highley
Acadorian Books
Ecuadorian Association, Limited
Guaya
Quito
Ecuador
Ecuadorian Association
Mergenthaler Linotype Company
Western Union Telegraph Company
Anthracite Coal Operators’ Association
R 1. Day & Co
Nassau St
Atlantic
Big Do
Boston & Montie
Butte & Bost
al & Hecla
Centennial
Bost
Albany
Franklin
Quincy
Tamarac
K Seas
de Haven & Townsend
Wall St
North Penn Es
Phila Co
Penn
Tuthy Cambria Steel
Penn Steel
AMONE
Phila Elec
Am Bay
Bat Co
Phila Traction
Phila & Eric
Bo Ele Co
Am Pitts
Ins Co
Sus Iron & Steel ” Lehigh
Tidewater Steel Lehigh
Marsden
Union Traction
Welsbach Co
Northern
Ind P
Newark Pass
Colorado
Colorado Springs Mining Stock Exchange
William P. Bonbright & Co
Colorado Springs
Alamo
Ingham
Neenss Ied
Little Puck
Magnet Rock
Lexington
Pilgrim
Moon Anchor Rose Maud
Pinnaclea
Portland
Outside Securities
Miscellanegas Securities
Frederic H. Hatch
Pia. Laswra Amer
Amer. Ae
American Book Co
American Hide & Leather
Hide & Leather
American Thread Co
Press Association
Soda
Soda Foun
Ieee Amer
Barne
QM Bay
British Columbia Copper
F&a
Chesebrough
Hl. B
H. B
Cremps
Denver Southwestern
Denver Tramway A Distilling O, of
America
It Electric Vehicle Co
Empire & Hay State
Empire Steel
Flemington Coal & Coke
General Chemical General Carriage
General Chemical
Havana
Herring-Hall- Marvin
Ates Herring-Hall-Marvin
Herring-Hall-Marvin
Hoboken
Hovooken Land & Imp
Hudson River
J. B. Stetson
Madisons
Juare Garden
Markeen Copper
Mergenthaler Linto
Mosler Safe
National Enamel & Stama
Nationalame
R. Ferry
Lean & Imp
Ny &N. J. Teleereees
Ae Qi
el Veh. & Trans. Co
Otis Elevator
Hseaee
Old Dominion S. S
J&ds
Pitts Penn
Salt Mfg
Élay Planters Compress
Pratt & Whitney P R Fer
Procter & Gambie
Royal Baking Powder
Mons
Mfg Co
Stanard
Swift & Qs
St. Ferry
Teleg, Telephone & Cable
Tennessee Copper
Trenton Fotteries
Trenton Potteries
Iron Directory
Ferals
Nion Swct
Nion
Nion Typewriter
Niversal Trust
Bo. E Jas
Ineo
Niversal Toba
Niversal Toba U S. Glass
S. Glass
Westinghouse
Worthington Pump
M&n
Georgia
Indianapolis
Louisville
Duluth
South Shore
ST. Pau
Sault Ste. Marie
San Francisco
Toledo
Peoria
New Orleans
Acker Merci & Condir
Barney & Smith
Carnegie Steel Crooklyn Ferry
Grain Elevator “Inc
Heber-Jones-Jewell M&n
le Hoboken L. Etores
J&d
Tron Stean
Ma Square Garden
Metropean Ferry
Nation
Steamboat
N. Y
J. F
New-York Biscutt M&s
J. T
J&js
Texas Mth & We
Ferry
Pacific Coal
A&d
Union Ferry
Clinton Gilbert
Wali St
J &J
St National
Urtenth Street
Gansevoort
German Amer. Co
Cae Irving
VO Odo SJ. & I
We &J Saat
Amster
Ws&j
North Ameri
Oriental
Park
Shoe & Leather
Saxony
Hamburg
Cologne
Munich
Augsburg
Frankfort
Vienna
Mercantile Trust Company
Pittsburgh
Painesville & Fairport
First
Alvin W. Krech
Broadway
New York City
Cyrus J. Lawrence
J. Lisman
James H. Oliphant
Sidell Tilghman
Bondholders Committee
Payabie
THOS
Cook & Son
Broadway and Cor
28Th St. & Broadway