Securities Values Weak Amid Broad Stock Declines
A slate of active securities showed weak closing prices with widespread declines across stocks such as Missouri Pacific and Nat Biscuit, while bonds also posted mixed changes. The market commentary notes capital movement toward American railroad stocks if the industrial and financial scene remains stable, with foreign investment likely rising in first class rail firms.
MENTIONED IN THIS ARTICLE
Missouri Pac
Nash & Chat
Aisie
Nat Biscuit
Smell
Steel Fury
Nyc
Eée S&l
Jorf & West
aAm Wool Corth American
Ansconda
Northern Paca Arbor
Ontario
Amn
Ates F
Penn Railroad
Coast Line
Peoria & East
PaGeéc
Lay Buin Rap
Pal'pal Cas
Ull Pal Car Bkiyn UN Gas
Steel Epeien- Sim Canadian Pac
Central Leather
Ches & Ohio
Chic Gt West
AcMa Ax P Hk Ee eSss
City RT. BA Rr Co. Oy Jo
Vaien Pacific
Su del & Hudson
Sty den &Rg
Siew’ “Re Invet
U S
Inter
West Mfe
Iowa
Wis
Japan
del & H
At&s F
United States
London
Europe
Stock Market Opens Lower Amid Bearish Pressure and Rumors
Quotations opened in decline and trended downward through the day with heavy liquidation, as bear investors perfected selling across the list. The market faced selling by professionals, speculation on a steel challenge to U S Steel, and anticipated political and tariff shifts shaping cautious trading. European markets showed disturbance from Russia, while supply constraints and expectations of lower prices loomed for buyers.
Railroad and Other Stocks Daily Totals
Daily totals report for stock sales across railroad and other sectors. Unlisted prices indicate incomplete market data for the day.
Weekly statement of bank averages for non Clearing House members
The weekly statement shows June 23 and June 16 figures for non Clearing House banks in New York City and nearby areas that clear through members. It lists loans discounts investments deposits deposits with clearing agents trust companies and bank notes and reports deficits and reserve requirements with varied small changes between dates. The text includes numerous bank names and security quotes from the time.
MENTIONED IN THIS ARTICLE
New York City
Brooklyn
Jersey City
Hoboken
Staten Island
New York Clearing House Association
Inc
2Ostooe Inc
Bank App Trust Companies
Specter
GSS Tie Inc
Torale
Saas
Money Market and Exchange Figures Fall in Quiet Session
Money on call opened at 2 percent with a high of 3 and last loan at 2. Market quotes for time money run from 4 percent for up to seven months. Foreign exchange closing was dull with bankers' rates listed. Domestic exchanges show scattered discounts and premiums across cities. Government receipts show a daily surplus of 2.317 million with monthly totals reflecting ongoing fiscal activity. Sub-Treasury noted clearing-house cash movements.
Wall Street and Exchanges Report of Market Activity
Foreign trading was subdued with only a few thousand shares and London consols weak as uneasiness over Russia weighs on sentiment. Dividends were declared by multiple firms including E W Bliss Chicago Burlington and Quincy Buffalo Susquehanna Union Square Savings New York Savings Greenwich and others with payments in July and mid month sums. Foundry iron remains scarce in Buffalo and steel irons are tight with demand likely to persist through year end. The Burlington bond syndicate was dissolved with a price drop and Kansas City Southern note underwriting extended. Currency transfers from San Francisco to New York totaled 90 million with 20.6 million moved since May 4. Allis Chalmers bonds will be a first mortgage issued below par for working capital and back dividends. Amalgamated Association reports thirty one of forty one lodges foresee continued good operations.
MENTIONED IN THIS ARTICLE
London
Russia
E. W. Bliss Company
New York Savings Bank
Greenwich Savings Bank
Foundry
Bessemer Iron
Buffalo
International Harvester Company
Birmingham
Burlington Bond
Chicago, Burlington & Quincy, Imuois
Kansas City Southern Syndicate
San Francisco
New York
Allis-Chalmers
Allis-Chalmers Company
Amalgamated Association of Iron, Steel and Tin
Market Report Shows Pig Iron and Foundry Prices Steady
The New York Produce Exchange trade notes pig iron atras were dull and barely steady with mixed sales. Copper and foundry materials follow June and July months with October bids. American Car and Foundry Company hints at a fall quarterly dividend on common stock while Norfolk and Western forecasts strong fiscal year earnings. American Woolen declares a regular quarterly preferred stock dividend payable July 4 with books closing June 3 and reopening July 17.
MENTIONED IN THIS ARTICLE
Sue
Piz Iron Certig
Cates
New York Produce Exchange
Standard Foundry
American Car and Foundry BP
Chicago
American Car and Foundry Company
Norfolk & Western
Curf Market Trading Shows Broad Weakness Under Pressure
The curb market for outside securities remained under moderate pressure with the mining group weak and industrials showing apathy rather than selling. Activity was light though pockets of animation appeared. several issues moved modestly like Standard Oil and United Copper, while others drifted or steadied.
MENTIONED IN THIS ARTICLE
Bethlehem Steel
Oma
Standard Oil
International Seantile Marine
Mackay
Boston Copper
Greens
Tennessee
Nevada Consolidated
Mitchell
United Copper
Ferry Companies Bid Price Report
Fragmentary stock market note mentions NY GN FCS Bop Fer ist 5s.18 trading around 110 and 10823. Se & do stock percentage appears and references NYSE and NYSB listings, with private bids and market activity unclear from the legible text.
MENTIONED IN THIS ARTICLE
William E. Nichols & Co
Col_ Gas Co
Dodge
Fis
Ohio
Syracuse
Tual Co
Paul Gas
Westen Lee
Priva
Bop
Nysb St
Also Mentioned on This Page
Rankers and Brokers
State St
Boston
the Rookery
A.B. Leach
Farson, Leach & Co
Broadway, New York
Kountze Bros
Henry Clews & C0
AD &T
Redmonds Co
Pine St
Joseph Walker & Sons
Mock Exchange
Bersd Street
Westerns Electric Boedes
Basecock & Wilcox New Sersey Zinc
Humsos
New York & Jersey
Bank & Trust
Fred K F. Marquand
Broad Street
Chas. D. Barney & Co
Bankers & Brokers
South Fourth Street
Philadelphia
St. Gorham
John B. van Schaick
Cabie Turpoleum VAN SCHAICH & _CO
Wall Street
Sena German
Fulton Trust CO. of
Nassau St
J. Pi Adie
Ra Reinhardt
LSE Im Mets
National Biscuit
Almericer Car
Quaker Oate
Stabie CL
Swift & Co
Interborough-Metropolitan
United States Steel Corporation
Washington
Senate
Interstate Commerce Commission
Reading
Union Pacific
St. Paul
Brooklyn Rapid Transit
Congress
American Securities Abroad
Adams Express
Amer
Ice Sec
Amereas
Am Tel & Sbie
Am Tel & Tel
Amer Woollen
Ann Arbor
Atchison
Amer Pneu Servax
East
Brunswick
Buff & Pitts
Buff & Sus
Butterick Co
Canada South
Canadian Pacific
OC & So Am
Lee
Clev & Pitts
Col Fuel & Iron
Col & Southern
del & Hudson
Denv
Rio Gr
Lin Do
Pelee Ek
Det United
Dist Securities
Sos
Atl Ins
Eastman Kodak
Evans
Federal
M&s
Gen Chemical
General Electric
Wales
Hotake
Lowa
Keox & St M. Ar
Lo & Nash
Sam Nattan
Soluan Central
Essex
West Nps
West
Erie Wes
Central Ist
Lous & Nash
Mo & & Texas
le & East Sooy
Cntral
Coke
Nor & Vst
Aim
FX & St
Los Po Pennsv
South Pac
South Ry
Union Ec
Tv & Steel
Fems
Lee Su
Paris
Rutland BR R
Paris Exchange
St L&s
Lin Am
Tritulli
Union Pac
Roma
Ry & Imp
U S&s
Seth
Vandalia
Ats
Aos
Wabash
Weil
West Union Satory
Wisconsin
L & WB
Ao Ist Inc
Mo K & T
Mo Pac Trust
Gen &S
Cr&ip
Ulster & D
Erie
Renee
Toria Grult & Ship
West Ma
Iteca Tadien
Charlee D. Barney & Co
Broad Mreet
South 4Th Street
Priscelonia
Askea
Am Cement
Nat Anemalt Bf
Am Ry Co
Cambria Steel
Peas Steel
Diamond
Cei Ee Co
Elec &T Rat Co
Elec Co
Wass Ryance Us
Consolidated Exchange Sales
Allis-Chalmers Eveses
Baltimore & We
Brooklyn Rtr
Touts & Nashville
Texas
Missouri Pacific
New York Central
NY Ont & West
Pennsylvania
People's Gas Okeem Oo
Eenes
Las
Republic Steel
Rock Island
Southern Pacific
Southern Railway
Texas Pacific
Us$ Steel
Atlanta
Comstockel
Cal & Va
Elton
Jim Butler
Hale & Norcross
Mohawk
Ophir
Money and Exchange
France
HioGerd
Grier
Nccsecsivccceseee
New Orleans
Telegraph
Charleston
Cincinnati
Savannah
Minneapolis
St. Louis
Baltimore
Madrid
Lisbon
US Sub-Treasury
Sub-Treasury
Clearing House Snash
Sissusnooiss
Reichsmarks Ine
Stereeee
Wall Street and Exchanges
Curb Market Trading
Industrial
Bay State Gas
Beth St! Corp
GBS
Havana Tobacco
Inter Mer
Mackay Cos
Standart Giau
Oper
Ing
Atlanta Goldfield
Butte Coalir
Dominion Copper
Giroux
Guanajuato
Lake Supr & Pir
Montana
Tonopah
Montgom
Utah
SU Fairy És Ae Peat
Stanford Adj
Wineloe
Esswitin
Wiliam E. Nichols & Co
T. Greene Sivan
Havana
As Am Tobacco
Inter Marne
Beth Steele
Led & T Rosen
Nevada Cong
Royal Saking
Ann
Greene Con
NEW York and Other Gas Securities
William E. Nicho
Bissage
Inter Saltanes
Soda
Procter & Am Ao
Singer Mte Co
Herr-Hall-M
Houston
Ferry Companies
van Schaick
Nort
Chas
Coat Trust
Union Trust
de Wevear Seau
Third Nat Bank
Gas Fidelity & Lay Marviand