Irregularity in stocks spurs caution and liquidation
The article warns of uncertainty in crop positions and advises extreme caution in speculative stock operations. It questions recent bullish moves by unconventional operators and notes that the banking community remains skeptical. It argues the public will not buy until a credible bull trend emerges led by competent market leaders.
Stock Market Irregular. Readings Show Mixed Losses
Market activity was moderate with opening weakness giving way to strength and then declines. Steel and Reading led the losses while Baltimore & Ohio and Consolidated Gas showed late resistance. Interborough Metropolitan trades surged as bankers support the issue. The money market remains firm with potential higher rates in coming months amid crop financing needs and reserve requirements.
MENTIONED IN THIS ARTICLE
Pennsylvania
Paris
Reading
United States Steel
New York Central
the Hill
St. Paul
Union Pacific
Baltimore & Ohio
Consolidated Gas
Delaware & Hudson
Interborough-Metropolitan Common
Europe
United States
New York
Wall Street
San Francisco
Pacific Coast
California
American Securities Abroad Market Closes Firm
London reports on June 18 at 4 p m American securities showing a firm market with advances in most issues. Last quotations indicate broad gains and solid investor demand in the overseas trading session.
MENTIONED IN THIS ARTICLE
American Securities
London
Money market and exchange rates in brief
The report lists call money at 2% to 4% with last loan 3% and time money from 4% up to 5% for seven months. Commercial paper ranges from 5%5 to 5%6. Foreign and domestic exchange show dull market with various closing rates and premiums. Government receipts and Sub-Treasury position are summarized with daily and year totals.
MENTIONED IN THIS ARTICLE
Germany
Reichsmarks
France
Belgium
Switzerland
New Orleans
San Francisco
Telegraph
Boston
Chicago
Charleston
Cincinnati
Savannah
Minneapolis
St. Louis
New York
Baltimore
London
Madrid
Lisbon
Washington
Sub-Treasury
Clearing House
Wall Street and Foreign Trading and Dividends Report
Foreign houses sold shares in the local market led by Union Pacific and United States Steel. London activity showed reluctance to sustain large lines amid cautious Russia signals. Paris faced liquidation tied to the Russian Empire crisis. Dividends declared include Bowery Savings Bank 3 percent, Lake Shore and Michigan Southern 4 percent, Copper Range 150 per share, Home Telephone 1 percent, State Bank and Columbia Bank semi annual, Citizens' Union Realty 14 percent, Temple Iron 3 percent, Michigan Central 2 percent, New York Central 1.4 percent, Lake Erie & Western 1 percent, Mahoning Coal 5 percent on common and 2.5 on preferred. Bessemer sales in Pittsburg district exceed 100,000 tons with several mills boosting purchases. prices rising. Labor scarcity highlighted by Rogers Brown & Co with South’s ongoing shortage.
MENTIONED IN THIS ARTICLE
Union Pacific
United States Steel
London
Russia
Paris
Russian Empire
Bowery Savings Bank
Lake Shore & Michigan Southern Railway
Copper Range Company
Copper Range Consolidated
Home Telephone Company
State Bank
Columbia Bank
Citizens’ Union Realty and Mortgage Company
Temple Iron Company
Michigan Central Railroad
New York Central
Lake Erie & Western
Mahoning Coal Company
Bessemer
Pittsburg
Republic Iron and Steel Company
Youngstown Iron and Steel Company
Sharon Steel Hoop Company
Allegheny Steel and Iron Company
Otis Steel Company
Rogers, Brown & Co
Cincinnati
South
Wabash Rail loan, Alaska gold output, bankers address in West Virginia
The Wabash Railroad negotiated a loan of 2,990,006 in Pittsburgh to float debts in Kansas City and Pittsburgh. Alaska gold dust valued at 1000 in Seattle hints at a 35,000,000 output forecast with Nome arrivals next week. Henry Clews and Leslie Shaw will address the West Virginia Bankers Association in Elkins on Its Remedies and Expansion. Pig iron certificates opened dull with no sales as the market shows a lower grade.
MENTIONED IN THIS ARTICLE
Sovern
New South
Wabash
Pittsburg
Wabash Raiflroad
National Bank
Wabash Lsburg
Kansas City
Alaska Gold
Pat Alaska
Seattle
Holt
Nome
Seamore
West Virginia
Henry Clews
Leslie M. Shaw
Treasury
Weer Virginig Association
Elkins
W. Va
Non-Member Banks Report Stat Averages in Clearing Area
The weekly statement of averages for non member banks in New York City Brooklyn Jersey City Hoboken and Staten Island shows June 16 figures. Loans discounts and investments total 144 242 600 and 143 388 900. Net deposits and reserves indicate deficits and clearing house activity across counties.
MENTIONED IN THIS ARTICLE
New York City
Brooklyn
Jersey City
Hoboken
Staten Island
New York Clearing House Association
Eae
Ee Se
Etia
Bank and Trust
Curbstone Market Edges Through Tepid Trading
Outside securities showed little improvement as prices remained heavy in initial dealings. A modest midday inquiry sparked slight rallies with notable activity in Lehigh Valley shares and several mining issues shifting, while bonds held firmer in American Writing papers and Havana tobacco fell slightly.
MENTIONED IN THIS ARTICLE
Lehigh Valley
Amercan
Bethlehem Steel
International Salt
Mackay
Chicago
Boston
Furnace Creek
Granby
Greene
United
Havana
Also Mentioned on This Page
Consolidated Exchange Sales
K. L. Day & Co
Nassau Street
Arcadian
United Sh
Bost & Alban
Boston el
Atlantic M
Boston Coal
Shannon
Bingham
Cal & Hecla
Continental
Aesa& Ft
Franklin
Ryan Mass
Mane Else’ Co
Am & T Co
Butte
Quincy
New Eng
Tamarack
Tel & T Co
Seine
Mass Gas Ae
Do Pre
Dominion Coal
Putan
Alice Mining
jAdams
iAlb & Susq
Allis-Chalmers Wee
Allis-Chit Co
Car & Fury
Ralt & Mhfo
jAm Dist
Ches & Ohblo
Mixpress
Chi Great West
Mil & St P
Consol
Col & Heck
Die Securities
Erie
I ‘Touts & Nash
Met Street
Ihe
Nationa
Jorg
North West
ST St's
Pennsylvani
Seeesee
Tel & “Able
Rep Steel
Lé& el Elas
Rock Island
Tulsa
Southern Pacific
Vilen
Southern Ratllwet
Texas Pacific
Atchison
St” S
Coast Line
Saeataeiaeieetee
Bklyn Raper
Tolea
Auf
Hile & Alton
Cc & E
Chie & Northw
Amur
Cl & Pitts
Fuel & Iron
Oonsol & H
Lian Omy
Iden Evans
Illinois
Long Island
Louis & Nash
Manhat Beach
Missouri
Biscuit
ST N . Dock
St Nyenj
NH & H
Rf & West
Rens & P Iron & Ont
Southern
R R
Tex & Pac
Rys & LA
Tol St
Twin City
Mn Mag
An Bag & P St
Y Union Pact
U S
Laos
West Ma
Wells-Far
Westing Mie
Bankers and Brokers
Lee, Higginson
State St
Rockery
Henry Glens & Co
A.B. Leach & CO
Farson, Leach & Co
Broadway
Chas
D. Barney & Co
Fankers & Brokers
Brovad Street
South Fourth Street
Philadelphia
Rensselaer & Saratoga
Sixth Avenue
Central Park North
East River
Joseph Walker & Sons
Bankers
New York Stock Exchange
Broad Street
Pine St
Western Electric
Borden's Condensed Milk
Babcock & Wilcox
New Jersey
Hudson Companies
NEW York & Jersey
R. R
Frederic. Hi. Hatch
Broad St
Colonial Trust Co
Phenix National Bank
Bowling Green Trust CO
Clinton Gilbert
Wall St
Frede F. Marquand
Marcin
Augustus S Gorham
John B. van Schaick
van Schaick & CO
Stock Exchange
Renee
Chicago Board of Trade
East German St
Road St
Newark
N. J
Thomas
Reinhardt
Ino Ayeo Lia
Dreamland
Coney Island
M North
North River
Rockaway Leach
West Point
Newburgs
Wessee
Highlands
Red Bank
Asbury Park
Bec
General List
Allis-Chalmers
Louis @ Nash
Mexican Central
Mo Kan & Tex
C & Fury SM
Tm Missouri Pac
Nat Biscuit
É& It
H&l Pf
Sou Am
North American
Northern Pac
Boxer
Pacific Mail
Penn Railroad
ABI Am Tobacco
Peoria & East
G & Cc
CC & Bt L
At&a
Ory Ave
Rocksland
Ches & Ohio
Stl & Ar
BOW
So Railway
Col Fue. & I
Tex & Pacific
Col & South
Tel Ry & TA
Chce
Consol Gas
Ok Corn Pr
Union Éz
del & Hud
Ry Inves
Amnaiae
el Co
Inter
Wells Far
Town Central
West UN
Wis Central
Japan
Oregon
Ee. A
T&s
Penn
Ini M So Pac
TU S Steel Ss. AG
FS & M
Cuba
Lacka
Bonn
K & Sa
Ory B & O
Tim
Nort & W
Ga Ist Inc
C&o
Fon Pig &C Ch
Spm
CM & St P
Mit
Union
Col & So
City Gas
Gulf & Ship
West Shore
S. B
District of Columbia
Equiv
Balt & Ohio
Ches & Obie
Chic
den & RG
SF Eyre
Basi Central
ISS
Wit Mo, Kan & Tex
NY Central
Nor & West
West
Southern Pac
Southern Ry
Im Union Pac
US Steel
O- Buty Floref
de Wim Aw
Dhs
Berlin
Berlin Exchange
Paris Exchange
No. T
Ked
Nat Bok
Marylen
Atlanta
Brunswick
Flkton
Horn Silver
Jim Butler
Ophir
Ontario
Savage
Silver Pick
Union Con
Money and Exchange
Guilters
Lisgus
Wall Street and Exchanges
Curb Market Trading
Industrial
Houston
Open
Sap
Chic Subway
Cripple Creek
Wste Ace Aerate
Opensold
Ing. Aew
Ario Copper
Alaska Mines
Atlanta Galatela
Boston Copper
Butte Coalite
Copper _Securtases Sats
Cumb-Ely
Gold Hill
Granby Sonsol
Guanajuato
Litte Bell
Gedaceacues S‘ Mh
Union Cop
United Copper
Utah
Open Ing. Ae
Sree
Wat St
William E. Nichols & Cn
Greene Silver
Inter Er Marine
Bay State
Beth Steel
St Lord & Borden's CM
Ackay
Boundry
Nevada
Otis Elvator
Greene Con Co
William EL Nichols & Co
Am Brass
Stetson
Asso
Lanes Onoty
Soeda
Pratt & White
Ch& L
Se Securities
Cellatota
Limp Craw Co
Cent Fireworks
Singer Mt Co
Standler Chesebrough
Rub Tire
Trenton Pottery
Eastern
Bliss Co
UN Bank N Corp
Ve Steel
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!