Stocks Rise After Early Losses In Mixed Trading
The market opened with declines then moved higher as 1,910 shares traded and total daily sales reached 913,94. Compared with the prior period, total shares listed show 92,127.1% higher volume, while year-to-date activity versus June 16 reflected a notable increase in overall turnover.
MENTIONED IN THIS ARTICLE
Tal
Cotal
Inclus
Stocks Close Firm In Quiet Late Trading
The market showed early selling of leading issues amid speculative liquidation and tax talk. Reading, United States Steel, Union Pacific and Southern Pacific saw activity as traders covered shorts, with Reading delaying major dividend news and the market ending with more gains than losses. Sterling rates stayed high due to foreign demand and limited bill supply, while US import export data indicated rising imports and a still-strong export excess, hinting at possible trade and gold movements later in the year.
MENTIONED IN THIS ARTICLE
London
United States Steel
Paris
United States
Reading
Union Pacific
Southern Pacific
Sterling Exchange
Europe
Bond Market Sales Record Strong for Various Bonds
A dense list of bond quotes shows wide activity across U S government issues, municipal, and corporate bonds. Notable entries include US 2s of 2000, Mexican and Argentine issues, large blocks of railroad and utility bonds, and substantial totals totaling around 5.01 million dollars in listed sales.
Inactive Stocks and Last Closing Quotations on NYSE
The list shows last actual sales and closing quotations for stocks with no transactions yesterday on the New York Stock Exchange. Entries include Adams Gx, Am AC peop, Am Dist, Am Exp, Lake Shore, Am Lo pf, Mack Cos, Man Beach, Am Snuff, Ann Ar &, Nash & Uh, NY Dock, Butterick, One Silver, Par Coast, Pull P Car, Pitts Coal, Gen Ch Co, Read ist pt, SRRM&Octs, Wh Sf, Int Power, Int Power, and Unileted among others, with last bids, asks, and within-range prices. The report reflects inactive trading with no new sales.
MENTIONED IN THIS ARTICLE
Adams Gx
Lac Gas
Lake Shore
Azmo
Mack Cos
Bd Coal
Mion
St Pest
Mor & Ex
Nash & Uh
eNat
New C Coal
Nyc&sli
Cl&l
Pitts Coal
Rens & Sara
TOR
Devwe
Fed
Welle-F
Atd Kan & M
Kcfs&m
Money and Exchange Market Report Shows Varied Rates
Money on call opened high at 17s percent, with last loan at 1% and close around 1%. Time money eased, mercantile paper mostly steady with rates for sixty days to six months. Foreign exchange opened strong, cables near 4.8815, demand sterling about 4.878%. Bank clearings show New York at $459,786,908 in exchanges. Sub-Treasury balance shows a debtor position of $903,207.
MENTIONED IN THIS ARTICLE
Mercantile
Denman
Germany
Reichsmarks
Boston
Chicago
San Francisco
New Orleans
Charleston
St. Louis
New York
Baltimore
Philadelphia
London
Madrid
Lisbon
Washington
Sub-Treasury
Clearing House
Gas securities list features varied bonds across regions
A dense catalog of gas company securities is summarized, including Indianapolis Gas, Jackson Gas, Kan City Gas, St Paul Gas, New York and Eastern Railroad issues, and New York Gas, listed with notes on first and preferred stock, bond yields, and trading terms. Names such as Paterson, P G Pitts, Syra, and Syracuse appear amid varied maturities and interest rates.
Outside Securities Slide Widens As Mining Stocks Fall
Market shows further decline in outside securities with mining stocks slipping by fractions. Copper weakness drags the market though late afternoon recoveries occur. United Copper rebounds after a 42 point loss while Havana Tobacco, International Salt, and American Tobacco slip. Bond trading remains quiet and prices shown for various issues.
MENTIONED IN THIS ARTICLE
United Copper
Miami
Havana Tobacco Common
International Salt
American Tobacco
Chicago Subway
Standard Oil
Consolidated Exchange Faces Heavy Early Trading
Seventy one issues traded on the Consolidated Exchange with a brisk opening rush to sell. Short covering influenced prices at the lows while some readings failed to drop as far as on the Stock Exchange. Reading led activity, trading between 152% and 1550 g, with Union Pacific and United States Steel also prominent. Wabash preferred hit 61.4, highest among specialties. Interborough preferred and Ontario & Western were notable in the specialty group. Detailed operations follow.
MENTIONED IN THIS ARTICLE
Consolidated Exchange
Stock Exchange
Reading
Union Pacific
United States Steel Common
Wabash
Interborough Preferred
Ontario & Estern
Wabash Preferred
FOREIGN TRADING AND DIVIDENDS IN LATE MARKET NOTES
Foreign houses traded over thirty five thousand shares in the local market with United States Steel common leading the selling amid London stock disappointment over Paris Bourse listing. Dividends announced include New York Trust Canon Lehigh Valley Railroad Electric Storage American Caramel Westinghouse City Guarantee American Piano Second United Cities Realty and Empire Trust. Copper prices at the local Metal Exchange fell as lower prices were posted across grades.
MENTIONED IN THIS ARTICLE
United States
London
Paris
New York
Om Separe A Council
New York Trust Canon Regular
Lung
Lehigh Valley Railroad
Electric Storage Company
American Caramel Company
Westinghouse Air Brake Company
City Guarantee and Trust Company
Americaners’ Company
American Piano Company
United Cities’ Realty Corporation
Cast Iron Pipe and Foundry
United States Cast Iron Pipe and Foundry Company
Empire Trust Dividend Inc
Empire Trust Company
NEW York Air Brake
New York Air Brake Company
Chicago Railways
X. A Harris & Co
National City Bank
Chicago Railways Company
Reading Company
ST. Paul
American Securities Abroad and Foreign Money Market
Summary of foreign money markets with London open-market discount rates at 1 percent for short bills and long bills, Berlin at 3 percent, Paris discount 17 1/2 percent, Paris exchange on London 5 francs per centimes, Berlin on London 2 marks pfennigs, Bargold 77s $d, and foreign securities including British consols at 5 percent for the account and French rentes at 97 francs 4 centimes with the dividend.
MENTIONED IN THIS ARTICLE
London
Berlin
Paris
Paris Exchange
Berlin Exchange
Pfennigs
Bargold
Securities Auction Report Highlights Multiple Bankruptcies and Bonds
Securities sold yesterday at the exchange salesroom by Adrian B Muller & Son include United Breweries Co notes from Chicago with September 1912 due dates and 6 percent interest, New York Trust Co issues, Chelsea Exchange Bank shares, and various railroad, gas, and mining bonds. Entries list par values, issuers, and renewal coupons, with multiple trustees, executors, and administrators noted.
MENTIONED IN THIS ARTICLE
Exchange
Adrian B Muller
Chicago
New York Trust Co
New York
United Breweries Co
Payalle
New Tes Trust Co
New York Fire Protection Co
Seger ———— Co
New
Seolastic
Maine
Bany & Hudson Railroad
Ieneath
Hamilton & Dayton Railroad Co
Ena Ner Nee Nanos
Union Ferry Co
Brooklyn
Eee
Broadway Trust Co
Ena
Seenee
United Copper Co
Elliot Fisher Co
Bay State Gas Co
Havana Tobacco Co
City
Sf Ovens
Also Mentioned on This Page
Pennsylvania
Norfolk & Western
Guaranty Trust Company of
Nassau St
Lombard St
London, E. C
Hudson & Manhattan Railroad
Frederic H. Hatch & CO
Broad Street
Michigan Central R. R. Co
Lake Shore & Mich.So.Ry.Co
Joseph Walker & Sons
New York Stock Exchange
Jas. B. Colgate & Co
Wal St
Investment Bonds N.Y
Freeman, Rollins & Co
Fred’k
Daly S U
Charles A.stoneham & Co
Broad ST
State Street
Phil A
Providence
Board of Trade
Springfield
Court Sq
Imkect
Canada
Mexico
Thomas Reinhardt
American Telephone and Telegraph Coo
WM. BR. Driver
American Type Founders Company
John T. Murphy
Buffalo
Rochester & Pittsburgh Railway Company
Allegheny @ Western Railway
Ernest Iselin
Homestake Mining Co
Mills
York
Lounsbery & CO
General Chemical Company
James L. Morgan
Norfolk & Western Railway CO
Avesée Building
BE. H. Alden
Emigrant Industrial Savings Bank
Chambers St
Board of Trustees
Thomas M. Mulry
John J. Pulleyn
Tribune
Uptown
Broadway
36Th St
27Th St
Edeck P
6Th Ave
East 14Th
6 St
1St Ave
80Th St
325Th St
Tremont Ave
Cinge
Aligy Tae
Long Island Peseta Csanehessu Suceed
All Imners Co
Ibis
Louisville & Een
Jeius-Chalmers Co
Marine
Marine Pr
American Agr. Chemical. Ie
Mackay Cos
American Saat Sugar
Met
Minn
Bu Bs Fm
American Can Pr
St P
St. M
American Car
St. P
S. St. M
American Car & Foundry Pr
Missouri
Kansas
Texas
Missouri Pacific
National Biscuit
Nat. Enamelling & Stpg
National Enamelling & Stog
Lear Seseror Sesesveese
Pean
R. R
Shewinese M
Atchison
Northern Pacific
Avecesersen
Atchison ‘Coast Line
Pacific Mail
Atlantic Sass
Pennsylvania Railroad
Baltimore & Ohio
IP. C
Co St
Bethlehem Steel
Bethlehem Steel Jr
Quicksilver Fly
Brunswick Posseness
Railway Steel
Canadian Pacific
Republic Iron & Steel
Central Leather
Republic Iron & Stee
Sita
Chesapeake & Ohio
Alton Neers
Rock Island
Rock Isla
St. Pau
St Louis & Southwestern
St. Peaul Pr. Ch
Steel & Iron Ee
Steel & Iron Br
Chicago & Northwestern
Colorado Fuel & Iron
Southern Pacific Pr
Colorado Southern
Southern Railway
Southern Railway Pr
Colorado Southern Coal
Tennessee Copper
Col. & Hock
Texas & Parific
Consolidated Gas
Os Ory
iThird Avenue Railroad
Corn Products
iToledo
St Louis & Western
Hudson
Toledo
Delaware & Bmg
Denver & Rio Grande
Rss
Enver & Rio Grande Pr
Stilling Securities
Ve Worth
South Shore
UC S
U S
Unitedtates
Say
General Electric Co
United States Rubber
United
Waana Electric Railway
United States Steel Pr
Wey
Homestake
Mlinois Central
Virginia-Carolna Chemical
Ae ‘Interorough-Metropolitan
Vulcan Eae
Interborough-Metropolitan P
Wabash Brxs
International Harvester Wabash v. Bate
International Europ Western Maryland
S International Paper
Western Union Telegraph Te i
International Paper
Westinghouse Mfg
Kansas City
Southern
Wisconsin
Stocks Close
Iil
Comme
Bkiyn Ae
Union Ferry
O Marine
Cuba
Yooo
Alb & Surg
Alite-Chaim
SATS
M& St
Eeluh
Pss
Fae Penn
Peo & E Inc
PCC
É& St LG
Pac C
Saoveee
Beth Steel
Binoo Dd
Ode ‘ Se
Saseese Osm
Lee Moi
D & RG
T & OC
Im Union Pac
Ly Son W
Ny&p
Westingh S F Sr
West Shore
Penn
Warren, Growski & Co
Amalgamated
Little Nipissing
Beaver
McKin-Dar-Say
Nancy Helen
Chambers
Nipissing
Cobalt
Nova Scotia
Cobalt Central
Ophir
See Lake
Otisse
Peterson Lake
Regens Reserve
Foster
Rochester
Gifford
Silver Leaf
Great Northern
Green Meehan
Silver Queen
Hudson Bay
Temiskaming
Kerr Lake
Trethewey O
Ee Can
Booth Fisheries
Commonwealth
ute #& Co
Chic Title & Trust
South Side Eleva National Biscuit
Botts
Bingham G
Indianapolis Gas
Jackson Gas
Kan City
Outside Securities
Jones & L Sa
West Pac
Gut & Wi
Bay State Gas
Hign
Lew
Alaska Mines
Brit Colum Cop
Butte & el Es
Canenes
Ariz
Davis- Daly O
Douglas Cop
A &Giroux
Goldfield
Real
Goldfield Daisy
Greene-Dan
Kerr Lake Rei
King Edward
Little Florence
Meson Valley
Kao Miami
Ntez
CR St
New Victor
Utah
Ls Nipissing Mines
Ohio
Otises Eins Cohen
Rawhide Coalition
Ray Central
Ray Consol
M & Am
Tuolumne
G & Cc
Yukon
Red Hills
Auls-Chalmers
Arch Top & SF
Aean
Ealt & Ohio
Brooklyn Rapid T
TSS Tech
Ches & Ohio
Gt West
Mil & St P
Col Fuel & Iron
Southern Stm
Denver & Rieer
Oom Hsms
Diet Securities
Bos
Erie Cevece
Gt Northern
Illnots Central
Interboro- Met
Iowa
Entral
Aly
Kan City South
Souis & Nash
Ont & West
Norfolk & West
Republic
Rocke Island
Pacific
Tenn
Texas & Pacific
Third Avenue
U S Steel
Utah Copper
Aden
West Maryland
Atlanta
Best & Reicher
Comstock
Cal & Va
Elkton
el Paso
Coldfield Daisy
Marc McKinney
Namara Steer Wees
Ontario
Eeeereres
Portland
Atceeue
Quicksilver
Red Hill
Tonopah
Rise Rae
New York City
Layland Am
Bone
American Securities Abroad
Marser Mor Amen Can Securities
Ess Atchison
Maz Iss
Sr Paul
Erte
Lle & Nashville
Pennslvania
Southern Pacif- 131
Union Pacific Ins
Am Tel & Tel
Atlantic Coast Line
St Lope
Joroy del & Hudequist
Mas Gulf
AD Keystone T Co
Lackawanna Steel
Lake Shore & MS
Mis
Louis & Nashville
Michigan Central
St L
NYC
Ek c
Norfolk & Weertern
Public Service Corp
R. L. Day & Co
Wail Street
Bost & Albany
Cal
Hecla
M. Eo
R & US
Centennial
Frenklin
Old Colony
Granby
West End
Mohawk
Tel & T Co
Mass Gas Atlantic
Utah United Fruit