Market Upheaval Hits Metal Stocks And Mexico News
Market opened with slight gains but turned downward led by the metal stocks as traders unleashed selling. Rumors of Mexican turmoil and Carranza related headlines pressured prices, with copper mining and Mexican notes recall fueling declines before a small rally near close. Rock Island and related rails saw activity, while the bond market remained quiet amid overall investor caution.
MENTIONED IN THIS ARTICLE
Carranca
Bene Taide
Brefore
Marine Preferred
Heet Sugar
Dows
Rock Island Fk
Rock Island Ianen
Mexico
Olso
Germany
New York Stock Exchange CurB Market Transactions 1916
Trading on the New York Stock Exchange curb market Wednesday June 21 1916 showed active sales totaling 575200 with year ago figures at 382800. Prices moderated later as offerings remained light. Oil and gas led gains with Colden Oil and Gas hitting a new high. Midvale advanced while Cuba Cane Sugar fell. Major names like Standard Oil showed limited movement as investors watched the wave of stocks and bonds.
MENTIONED IN THIS ARTICLE
Qutaide Securities
Midvale
Cuba
White
Chevrolet
Mining stocks slump and gains evaporate on Consolidated Exchange
The Consolidated Exchange sees broad price declines in late trading with Kennecott Copper at 47 percent and Anaconda holding above 81 percent. International Mercantile Marine preferred trades between 91 and 96, while Mexican Petroleum and Alaska Gilead show notable activity amid a volatile session.
MENTIONED IN THIS ARTICLE
Armideas
Consolidated Exchange
Kennecott Copper
Anaconda
International Mercantile Marine
Mexican Petro- Team
London Funds Go To Treasury
London reports Treasury receipts last week totaling £38,000,000 with £16,000,000 for Treasury bills and £17,000,000 for shequer funds, aiding a subdued Stock Exchange. The market showed a quiet, steady tone across war loans, bonds, and commodities while consols closed lower. The Stock Exchange plans a session on July 1 as Bank of England notes £928,000 in bar gold.
MENTIONED IN THIS ARTICLE
London
Treasury
Stock Exchange
Soan
Consola
Stock Exchange Will Beel
Bank of England
Lisbon
Paris
France
Dividend Notices from United Fruit and Related Firms
Dividend announcements inform stockholders of United Fruit Company and related firms. Payments of two dollars per share will be made to holders of record as of the close of business Friday June 0 1916. Details reference per share amounts and pay dates but text is garbled with inconsistent names and dates.
MENTIONED IN THIS ARTICLE
American Telephone & Telegraph Co A
G. D. Milne
Bank of Amenion Inactive Stocks Declared Dividends
The notice lists closing bid and asked prices for stocks no longer actively traded with a dividend of twelve percent declared by the Me iat company. The stock market page shows numerous ticker listings, prices, and columns for daily movements and volumes, including references to Granby and Queen streets, and to the Submarine Boat Corporation. The report notes inactivity on certain issues and confirms a declared dividend while others are kept inactive through the period.
MENTIONED IN THIS ARTICLE
Frei Spainanne
Stock Exchange
Conkle Nl
Ashe
Hid
National Bank Ain Het
Rica
Iy Skb
Nets
Dane
Jay
Rock Island Strong In Weak Market Ahead Of Plan Reveal
Rock Island securities showed notable strength while market reports said the reorganization plan will soon be public. Shares rose to 24 percent, bonds strengthened with debentures climbing from 60 to 62 percent, and refunding issues fell to 71 percent from 74. The plan would raise 10 million for rehabilitation via 40 percent stock assessment, with shareholders to receive new cumulative preferred stock and debenture holders to get dollar-for-dollar new preferred stock. Jacob M. Dickinson, Rock Island receiver, returned to Chicago after meetings with stockholder and debenture committees. Bankers said the new securities would be underwritten for a small commission. Also pending is the St. Louis & San Francisco railroad reorganization, with voting-trust features challenged but likely defendable in court.
MENTIONED IN THIS ARTICLE
Rock Island
Jacob M. Dickinson
New York
Chicago
St. Louis & San Francino
Missouri Public Service Commission
Foreign Demand Holds Steel Prices稳
The week’s step trade editions report quieter conditions but firm prices, driven by export demand. War forgings contracts include 100,000 1.2 inch and 10,000 12 inch shells totaling around 24,000 tons, with domestic prices supported as foreign orders rise. Italy and Japan lead buyers as foreign pig iron and steel sales grow, while ship plates remain active with British and Italian yards prominent users.
MENTIONED IN THIS ARTICLE
Step
the Week
Tron Trade Review
Will Aay
Ttaly
Financial Meetings Amid Americas Car and Penny Stock Rally
Local financial brief notes upcoming meetings related to Americas Car and penny stock discussions. Key figures and organizations to be announced, with focus on market impact and potential investment outlook.
MENTIONED IN THIS ARTICLE
Americas
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