Securities Values Strengthen Amid Quiet Trading
Prices for active bonds closed higher on speculation as dull trading paced the morning and early afternoon. Domestic exchange and bank clearings shown for several cities, with receipts and expenditures totaling large sums, and the Sub-Treasury posting a debtor balance with the Clearing House.
MENTIONED IN THIS ARTICLE
Sears
Ence Sd
Gaeerstorien
Germany
Charleston
St. Louis
San Francisco
Telegraph
New Orleans
Cincinnati
Savannah
New York
Dalances
Baltimore
London
Madrid
Lisbon
Sub-Treasury
Clearing House
Market Summary Shows Narrow Trading and Mild Gains
Stocks closed with a tame advance amid thin professional activity and few big bets. Major issues like Reading Union Pacific American Smelting and others rose modestly while Distillers Securities and Southern Railway lagged. total volume reached about 244000 shares. Banks face a dull summer as financing strains and high new securities burden temper enthusiasm for a bull market.
MENTIONED IN THIS ARTICLE
Secu
Reading
Union Pacific
American Settling
Brooklyn Rapid Transit
Atchison
C Synaete
Pacific
Amalgamated Copper
Delaware
Hudson
Sterling Exchange
Bank of England
London
Bank France
Paris
Russia
Far East
Japan
France
New York
Wall Street Commission
Stock Exchange
Wall Street
Money Market and Foreign Exchange Reports
Money on call opened at 24 percent and closed at 24 percent with a last loan at 24 percent. Time money quoted 3 to 4 percent for sixty days and 4 to 4 1/4 percent for longer terms. Foreign exchange opened strong with sterling around 4.878 and 4.873 demand, rising to new yearly highs. sixty day bills quoted near 4.83 to 4.84. Short francs around 5.10 to 5.16 percent with 1-32 point adjustments, short reichsmarks near 9 to 9 1/2 percent with similar adjustments. Bills scarce market.
Railroad And Other Stocks Bond Market Sales
A brief market note highlights activity in railroad and other stock listings with bond market sales noted but lacking details.
Foreign Money Market Rates and Exchange Quotes
London call money at 3 4 percent with short bill discounts at 3 16 4, long bills 1510 4, Berlin at 4 percent, Paris at 7 4 percent. Paris exchange in London 25 francs 14 centimes. Berlin London exchange 20 marks payable. British consols for money 2 16 for the account 3 11 16. French rentes 9 francs 10 centimes.
MENTIONED IN THIS ARTICLE
London
Berlin
Paris
Paris Exchange
Bargold
Sis
Berlin Exchange
HGN
Outside Securities Market Quiet Amid Small Drops
The market for outside securities was dull and heavy with small fraction declines and limited gains. Notable moves included Nipissing steady, Pittsburg Lead and Zinc rising to a new high, and a report from Sam uel W. Traylor confirming high grade ore at the Kelly mine and improved fuel control for the Tri-Bullion Smelting and Development Company.
MENTIONED IN THIS ARTICLE
United Copper
Nipissing
Nevada
Manhattan
Tri-Bullion Smelting and Development Company
Samuel W. Traylor
New Mexico
Kelly Mine
Traylor
Foreign market notes and stock actions on River Street
Market gossip and trading activity as foreign houses stay quiet while U S Steel, Rock Island and Copper shares show mixed moves. Dividends, bank earnings, and railroad freight car orders feature alongside gold shipments and bullion outlooks amid London Paris exchange and domestic money market trends.
MENTIONED IN THIS ARTICLE
London
Paris Exchange
Paris
Bank of England
Intel
Rock Island
Chicago & Alton
Alton
Speyers
Speyer & Co
James Speyer
Rilo Tintog
Bears
Brooklyn Rapid Transit
H. Content & Co
Reading
Sterling Exchange
Bank of France
Sub-Treasury
American Car and Foundry
Pittsburg
United States Steel Corporation
American Car and Foundry Company
Garvin Machine Company
Union Exchange Bank
Consolidated Car Heating Company
Hudson River Telephone Company
Aurora, Elgin & Chicago Railroad Company
Duluth Edison Electric Company
Lowell Bleachery and Dye Works
Rochester Railway Company
Stoc
St. Joseph
Lig Heat and Power Company
Crnecible Steel Company of America
American Cities Railway and Light Company
Crucible Steel Company
Crucible Steel Company of America
Carles D. Barney
Charles D. Barney & Co
J. Horace Harding
Jay Cooke
Charles 8. Phillips
Henry E. Hutler
Copfee Loan
Brazil
Congress
Sao Paulo
Chicago
Middlesboro
Department of the Stock Exchange
Union Pacific Railroad Company
State Gas Commission
Rockland Light and Power Company
Nyack
American Cement
American Cement Company
Sheffield Iron and Steel
Edenborn
United States Corporation
SB Field Iron and Steel Company
Catasauqua
Pea
Stocks See Little Action on New York Produce Exchange
There was virtually no activity in the mining market on the New York Produce Exchange yesterday. Only six stocks were traded with total sales of 7 50 shares and price changes deemed unimportant.
MENTIONED IN THIS ARTICLE
New York Produce Exchange
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Bankers and Brokers
State
Boston
the Rookery
Brown & CO. Bankers and Srokers
Waldorf-Astoria
25Th St
Broad Street
Flatiron
Atlantic City
Buffalo
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Detroit
Mich
Dayton
O. Erie
Williamsport
Hartferd
Conns
East 44Th St
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N. J
Scranton
Schenectady
Tre
Utica
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Montreal
Canada
Paterson
New York Stock Exchange
New York Cotton Exchange
Chicago Board of Trade
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Henry Glews & Co
N. S. Stock Exchange
National Copper Bank
Merchants’ National Bank
Fourth National Bank
Battery Park National Bank
Clinton Gilbert
Wall St
Redmandada
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Shas
Barney & Go. Bankers and Brokers
Broad ST
Sherry’s
44Th St
Fifth Ave
South Fourth St
Philadelphia
Houston
River
Frederic H. Hatch
United States
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Broad &T
Sohn B. van Schaick
Derby Crandall
Cable Tarpoleum
van Schaick & Co
Produce Exchange
Gotham
5Th Ave
Wills & CO
Standard 48
B& Ck ExcHange
Toronto
Fredr
F. Marquand
N. Y
J. Thomas Reinhardt
Broadway
Ween
East St
76Th
77Th Mts
Olet St
Ist
Sotbh St
New York City
Booklyn
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At&s
LS & M
Wabash
Kan City
American Can
Louis & Nash
C & Fdry
Mackay Cos
Mexican Central
Mo Kan & Toz
Missouri
Nat E & St. Fr
NY Air & Am
NY Central
Anaconda
NNY Oe
Ata&sf
North West
Penn Railroad
Ies Bklin Rap
Peo G
Canadian Pac
Fitts Coal Pt
Reading Tylent Leather
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Ches & Ohio
West
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Southern Pac
Southern Ry
Tenn Copper
E Pac
Texna & A
Col & South
Union Pacific Invest
C&Hcél
del & Hudson
Dist
Sec
le SR & Imp
Erie Nese
U S Rubber Us
Rils &T
Elec Co
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West Union Do
Oe & L B
Money and Exchange
Adams Express
Allis-Chalmers
Amal Co
Amer Car & Fly
Amer
Amer Express
Amer Tel & B
Amer Tel & Tel
Amer Woollen
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Batopllas
Balte
Bethlehem Steel
Bosten Air Line
Streooklyn
Buff & Susq
Butterick Co
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Canada Southern
Canadian Pacific
Jc & So Am Tel
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West Run
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Col & So
Havana Tobacco
M & Bt P
M&o
Ing. m
Chicago Subway
Té& SF
Nono
Consol
Atlanta Galafieta
Barnes King Dev
Belshazzar
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Jo Co
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Ita
Boston Copper
British Col Co
St Son Do
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DM & F
Butte & N
Cartsa & G
Ua R R
Columbia Mount
Colusa Leon
Ian
Davis-Daly Estate
Evan H A Ley
Diamondfield
Dominion Copper
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Ely Cantral
Ely Consolidated
Ooty
Ely Giroux
Giroux Mining
Laine
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Ingersoll Rand
Geernment
Edward
Lou Dilion
McKintey-Darragh
Tomac
Ie Mines Co
Nevata King
Utah
Ontarie
R T
Penn Cananea Knit
Cu Uw
Ttsburg TL & Z
Stewart Mining
Lake Erie & Wis
York I
Leland
Tonopah Montana
Iity
Nusek Ios
Atoy
Mackay
Trt-Bullien
Cohn Bus
Minn & Bt L
Ee Pathe
Morris & Essex
Ite
Son
Nash &Hatt
Union Pac Com
Nat Biscutt
Eerie
Bsty
William E. Nichols & Co
New House M&s
Greene Cananea
Bo “ Am Tobacco
Greene Con
Central
Greene Silver
WE Chi & St
Bonanza Creek
Borden
New Park Doe
Bylard & Taylor
M& i
Satans
Cobalt Co
Norfolk
Petite
LION
Union Cop
Ontarhy
S.s
Penn
Peoria & East
BOO Peytian
William B. Nichola & Co
Mittsburg
Law Houston
W & Chieto
Wa Am la
Stetson
Quicksilver
Sch Furntt
Pratt & Whit
Procter & Gam
Republic I
H & Lone
Securities Co
Rome
Mith Co
Joe de Gl
U W Co
Wis Trenwe Pottery
S & Ater
U S West
UN Bank N Corp
Empire Steel
Sears-Roeb' K
Sloss-Sh S & I
Gorham
Southern Pacific
Hall Stanal
U S
Herr-Hall-M
Southern RR
Houston Oil
Worth Pump
Pral-Scecees
Tenn
jTenn Coal & I
Texas & Pacific
William E. Nichola & Co
Wall de Jand Trust
Third Ave
Toledo
LL & W
Cent U Gas Sa
Col Gas Co
Twin City RT
Ool S Rity & & Imp
U S Red
Anon
Bute
Industrial
Rim
Vandalia
VicChem
Aig Os — Va Thon
Cac
Wells Fargo Ex
West Maryland
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TOK Ie
Westinghouse
Wheeling & LE
Wis Central
Consolidated Exchange Sales
Fup & S
Teojwil
Mil & St
Durer
Leuls
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Pennslvanian
Kieland
Bo Heru Acil
Atlante
Batopilas
Moo Gould & Curry
Buutield
Bian
Itherer
Ou | Opn
Potosi
Seesere
Pitts Metals
Red Hin
GUO Savage
Outside Securities