Stocks Advance After Early Losses on Mixed Trade
Market edged higher after an initial drop as investors reevaluated early losses. Turnover reached 913,954 shares with 325,834 shares for the corresponding period. Volume for the year to date stood at 92,127.18 shares, while 81.4 percent of trading days saw gains.
MENTIONED IN THIS ARTICLE
Corres
Financiers See Stocks Close Firm On Mixed Day
Stocks opened weak with a point plus slide led by speculative selling but rebounded as readings and dividends supported key names. Reading Lumber United States Steel Union Pacific and Southern Pacific recovered, gains outweighed losses as traders covered shorts and demand for remittance pressed sterling.
Bond Market Sales Across Diverse Bonds
A wide list of corporate and municipal bonds trades across railroads banks and utilities. Prices and yields vary with many notes showing percent returns and par values in the thousands, listing issuers such as Reading Gen Westinghouse Life and Minnesota.
Inactive Stocks on the New York Stock Exchange
Last actual sales and closing quotations show no trades yesterday for many issues. The list includes Adams Ex, Am Coal, Am Snuff, Butterick, Can So, Chie T Tr, Consol, DL& W, Fed S pf, Gener Ch Co, Mack Cos, Man Beach, Man Elev, Md Coal pf, Pitts Coal, Pull P Car, Sec. Paty, Rys & cz, and Unilfsted among others, with bid and ask figures scattered across numerous names and prefixes.
MENTIONED IN THIS ARTICLE
M & St L
MK & T&s F
Allis-Chalm
NH & H
Tobacco
Penn Court
Peo & E Inc
Odo
RI & P
T & NO Sab
T & OC
Union Pac
MNOO
Neauil
Col & So
Hlee
WNY & P
Westingh S&s F Se
West Shore
F & RE A
Iowa
LS & M
New York Stock Exchange
Adams
Br& P
Bsaat
C & Nw
der & M
Ing-R Co
Kan & M
Kcfs&m
Ké&e DM
K I of C
Lake Shore
Mack Cos
Man Beach
MD Coal
Midh
Mor
Nash & Ch
Iza
New Coal
NYC
SLI
Paty
Hens & Sarna
Sarm&oc
jLe&Ppur
Sat
T Rys & Cz
UB & P
Money Market and Foreign Exchange Report Summary
Money on call opened at 17 percent with a high of 20 and a low of 15. Time money eased as demand slackened. Rates for sixty to ninety days fixed around 4 percent, with 3 to 3 1/2 percent for longer terms. Foreign exchange opened firm with cables at 4.8810 to 4.8815, demand sterling around 4.878%. Bank clearings and domestic exchange figures listed for major U.S. cities. Government receipts show a daily surplus of about 196,000, with year-to-date excess of 103,? million. Sub-Treasury reported a debit balance of 906,207.
MENTIONED IN THIS ARTICLE
Mercantile
Germany
Paris
Belgium
Boston
Chicago
San Francisco
New Orleans
Charleston
St. Louis
New York
Baltimore
Philadelphia
London
Madrid
Lisbon
Washington
Sub-Treasury
Clearing House
Gas securities listing and bond prices on market display
A catalog of gas company securities with bid and ask figures for various bonds and stocks. Entries include Newark, Buffalo, Indianapolis, Jackson, Kan City, Paterson, Pittsburg, St Paul, Syracuse and others with par values and price quotations, such as 5s, 6s, Ist Gs, and Ss. Data shows yields and market activity for utility debt and related notes.
MENTIONED IN THIS ARTICLE
New York
Bingham
Buffalo
Denver
Indianapolis
Jackson Gas
Kan City
Mutual
Y&e R
Paterson & P G
Pitts
St J Gas
St P Gcm
St & Tr
St Paul Gas
Syra Gast
Syra Lt & Pbs
Outside securities slip amid mining stock weakness
A downturn in the outside securities market led by mining shares dampened the stock market as copper prices fell. Late afternoon recoveries appeared, with United Copper rebounding after a sharp drop and several industrials easing. Bonds traded quietly as a few issue prices and trades are noted in the day’s closing actions.
Consolidated Exchange Stock Activity Report
Seventy one issues traded on the Consolidated Exchange with heavy early selling and widespread stop orders. Reading led activity dipping to 152% while reaching 1554, Union Pacific and United States Steel followed, with Wabash and Interborough preferred also prominent in the specialties.
MENTIONED IN THIS ARTICLE
Consolidated Exchange
Stock Exchange
Reading
Union Pacific
United States Steel Common
Wabash Preferred
Interborough Preferred
Ontario W Estern
TOPICS OF THE STREET FOREIGN TRADING AND DIVIDENDS
Foreign houses sold about thirty five thousand shares in the local market with United States Steel common leading the sales amid London Paris Bourse weakness. Dividends declared include New York Trust 8 percent, Lehigh Valley 2 percent regular plus 1 percent extra on common and 5 percent on preferred, Electric Company 1 percent preferred and 1 percent common, American Caramel 2 percent on preferred, Westinghouse 2.5 percent, Title Guarantee 5 percent, American ers 1 percent on common and 1.5 percent on preferred, American Piano 1.5 percent on preferred, Second United Cities Realty 2.5 percent semi annual with 0.4 percent extra on preferred. Cast Iron Pipe no basis for 7 percent distribution. Empire Trust 4 percent semi annual, up 1 percent. New York Air Brake no resumed dividend. Chicago Railways bonds sold. Reading declares 2 percent regular and 2 percent on first preferred payable August. St Paul bonds sold. Standard Trust 6 percent semi annual, up from 2 percent. Copper prices at the local Metal Exchange trimmed 0.5 cent per pound.
MENTIONED IN THIS ARTICLE
Ask Tee
Cern
Ask
Long Island
Allismers Co
Lle
Louisville
Allis-Chalmers Co. Pr
Marine & Pee Ee - Ts
Amalgamated Copper
Marine Pr. A A
Bolge American Gr. Chemica
Mackay Cos
Minn
St. Louis
St P
St. M
American Car Ee Foundry
Missouri, Kansas
Texas
American Hide & Leather
Missouri Pacific
National Biscuit
American Ice Securitie
Nat. Enamelling & Stpg
Nat.—Enamelling & Stpg
National Lear
Mex
Stly
Newhouse M
New York Air Brake
New York Central
American Steel Foundry
New York
Chicago & St. L
New York Dock
New Jersey
New Haven
Ontario
West
Norfolk & Western
Ah Atchison
Atlantic Coast Line
Baltimore & Ohio
Pennsylvania Railroad P. Co Co. & Bt. L
Baltimore & Ohio Pr
Bethlehem Steel
ROSS
Wweeen
T iQuicksilver
Brooklyn Rapid
Brunswick
Canadian Pacific
Og Wa
Reading
Central Leather
Republic Iron & Steel
Republic Iron
Chesapeake & Ohio
Rock Island Preet
Chicago & Alton
Chicago Great Western
St Louis & Southwestern
Chicago
Southern Pacific Pr
Colorado Southern
Colorado Southern Ist
Tle
iSouthern Southern Railway
Tennessee Copper
iCol. & Hock
Coal & Ae
Ames
Texas & Pacific
Consolidated Gas
Third Avenue Railroad
Toledo
St. Louis & Western
St Louis & Western
Delaware & Hudson
Denver & Rio Grande
Union Pacific
South Shore
Duluth
Erie
U. S. Cast Iron Pipe & Fo
United States Express
U S. Realty & Imp
Federal
Ss S. Reduc
General Electric Co
Great Northern
United States Rubber
Tolly
United States Steel
Havana
United States
Illinois
Interorough-Metropolitan
Wnone
Virginia-Carolina
Interborough-Metropolitan
International Harvester
Sa Sos Ss, Sry & Mn
A 'Wabash
Wabash
Western Marylan Cae
International Paper
Glia
Western Union Telegraph
Ite
International Steam Pump
Westinghouse
International Steam Pump Pr
Bslg &S
Wheeling & Lake Erie Onsens Po
II International
Wheeling & Lake Erie Ist
Iowa Central Ass
Swheeling
Lake Erie
Iowa Central Southern
Wisconsin Central
Kaneas City
Central Presss Iheory
Kansas City
London
Paris
Southern Pacific
Sterling Exchange
Europe
Council
New York Trust Company
Junge Lehigh Valley Railroad
Electric Company
American Caramel Company
Westinghouse Air Brake Company
Title Guarantee and Trust Company
Americaners’ Company
American Piano Company
Second
United Cities’ Realty Corporation
United States Cast Irom Pipe Ah Foundry Company
Empire Trust Dividend Inc
Empire Trust Company
Chicago Railways
X. Harris & Co
National City Bank Bays
Chicago Railways Company
Reading Company
ST. Paul
Kuhn, Loeb & Co
National City Bank
Chicago, Milwaukee
American securities abroad mixed in London market
In London at 4 p.m. The marker for American securities shows weakness with mixed quotes. Notable levels include Anaconda at 116.5, Illinois Central around 14.4, and Union Pacific near 3 percent. Foreign money rates: open market discount for short bills 7 percent, long bills 1.5 percent, Berlin 2 percent, Paris 17.16 percent. Paris exchange 5 francs 5 centimes.
MENTIONED IN THIS ARTICLE
London
Amencan Securities
New York
Atchison
Canadian Pacific
St Paul
Erte
Do Ist
Illinois Central
Louisville & Nashville
Union Pacific
United States Steel - Biai
Berlin
Paris
Paris Exchange
Berlin Exchange
Bargold
Securities at Auction Auctioned by Adrian B Muller & Son
Securities sold yesterday at the exchange salesroom by Adrian B Muller & Son By order of trustee in bankruptcy United Breweries Co Chicago notes due 1911 and 1912 with 6 percent interest First mortgage gold bonds United Breweries Chicago due 1928 and 193? 6 percent sinking fund bonds Various railroad and utility bonds and preferred securities including Metropolis Securities Co New York State of Arkansas Chelsea Exchange Bank Jackson Consolidated Traction City and Suburban Homes City Investing Co Broadway Trust Guardian Trust Havana Tobacco Monarch Mining and others Dates throughout 1860s to 1960s names and terms shown in the listing
MENTIONED IN THIS ARTICLE
United Breweries Co
Chicago
New York Trust Co
New York
LS Cosa
United “Breweries” Co
New Yorks Trust Co
United Breweries
Metropolis Securities Co
State of Arkansas
Arkansas Central Railway
Tae
Chelsea Exchange Bank
Aiken
Jackson
Mich
Consolidated Traction Company
First Mortgage
Saad cc
New York Fire Protection Co
Maine
Albany & Hudson Railroad
Morrgane
Nowte Sestes
Cincinnati
Hamilton & Dayton
Imain
Union Ferry Co
Elliot Fisher Co
Bay State Gas Co
Colonial Real Estate Association
City and Suburban Homes Co
Payadl
William Richardson
Lot Powell
E. B. Tustin
Queens Estates
Ee Aeaa
City Investing Co
Broadway Trust Co
Guardian Trust Co Tug Jis Odes
Nea
Decnaeea
Collateral Trust Notes Maturing With Swartwout & Appenzellar
Notes secured by collateral mature as Swartwout and Appenzellar street face unspecified obligations. No primary income or payment details provided. The fragment suggests a formal trust instrument with notes nearing maturity and involved parties noted, but lacks complete context.
MENTIONED IN THIS ARTICLE
Swartwout & Appenzellar Street
Also Mentioned on This Page
Pennsylvania
Guaranty Trust Company of
Nassas St
Lombard St
London, E. C
Clinton Gilbert
Wall ST. Bank and Trust Co
Hudson & Manhattan Railroad
Frederic H. Hatch & Co
New York Telephones
Roe
Michigan Central R. R. Co
Lake Shore & Mich.So.Ry.Co
Joseph Walker & Sons
Broad Street
Jas. B. Colgate & Co
Wal St
N.Y. Stock
Fred’k
Dalry S U Dce
Charles A
Broad ST
State Street
Phila
Providence
Board of Trade
Springfield
Court Sq
Pirect Wires
Canada
Mexico
Warren, Gzowski & Co
Toronto Stock Exchange
Toronto
Breeds
Thomas Reinhardt
American Telephone
Eeco
American Type Founders Company
John T. Murphy
Rochester & Pittsburgh Railway Company
Allegheny @ Western Railway
Weoerd
Ernest Iselin
General Chemical Company
James L. Morgan
Norfolk & Western Raidway
Areate — Ing
Alden
Emigrant Industrial Savings Bank
Chambers St
Board of Trustees
Gor Bergee
FTL
Thomas M. Mulry
John J. Pulleyn
Tribune
Broadway
36Th St
6Th Ave
Olet St
80Th St
325Th St
Stocks Close
Columbia
Bkiya Ferry
Pac C Co
Ry Sil Lords
Warren, Gzowsk
Amalgamated
Little Nipissing
Beaver
Ibs
McKin-Dar
Nancy Helen
Chambers
Nipissing
City of Cobalt
Nova Scotia
Cobalt Central
Ophir
Cobalt Lake
Peterson
Booth Fisheries
Commonwealth
Swift
Chic
South Side
HER Gas Securities
Outside Securities
United Copper
Miami
Havana Tobacco Common
International Salt
American Tobacco
Chicago Subway
Standard Oil
Tng
Sale
Bing Cent
Ef Co
Jones & L
West Pac Ss
Gulf & W I.om al Doref
Alaska Mines
Brit Colum
Butte & N
Carisa
Combina Fracis
Ariz Smei
Consol
Cum-Ely
Lo Davis- Daly Co
Douglas Cop
Ziroux
Little Florence
Mason Valley
McKin-Dar A
Mines Co
Montez
N Victor
Tuolumne
United
Rico
Utah
Yukon
Atlanta
Red Hills
Chalmers
Sam
Arch Top & S
Balt & Ohio
Brooklyn Rapid T
Col Fuel & Iron
Southern
Ins
Mio Rl
Denver & Rio Grole
Diet Securities
Louis & Nash
Kar & Texas
Pacifi
One & West
Norfolk & West
Republic Steel
Rock Island
So Pacific
SSO
Southern Ry
Tenn Copper Ae
Third Avenue
U S
West Mary
Ameromne Mining
Best & Reicher
Comstock
Wee
Cal & Va
Elkton Wees
el Paso
Goldfield
Mare
Namara
Ophirene
Portland
Quicksilver
Red Hill T
Tonopah
Wail Street
RL. Day & Co
Bost & Anest
Reston
Bush
Elec Cos
Tel & T Co
Imarack
New York City
New
U_S
American Securities Abroad
Exchange
Adrian B Muller
Maturi
Tel & Tel S
C & St
del & Hud
Se Gulf & Ship Island
Interborough RT
Kansas City R& L Spc
AD Keystone T Co
Lackawanna Steel
Lake Shore & MS
Wis
Louis & Nashville
Michigan Central
Minn & St L
Nyc&hrs
Nh&hs
Wist
Tm Public Service Corp