Stock Market Operations In Bullish Trading Day
Bullish control dominated trading with prices holding firm and only small concessions at close. Six stocks led activity Amalgamated Copper American Smelting Northern Pacific Reading Union Pacific and United States Steel preferred with limited other dealings.
MENTIONED IN THIS ARTICLE
Amalgamated Copper
American Smelting
Northern Pacific
Reading
Union Pacific
United States Steel
Hill
New York City
Bank of England
London
Bank of France
The
Stock Exchange
Wall Street
United Metals Selling Company
Copper prices rise on moderately active trading
Demand outpaces production as copper markets tighten worldwide. Producers lack surplus copper and a global rush for the metal sustains a stronger market. Bears in London and locally may find little profit from their campaigns as copper selling firms remain oversold.
MENTIONED IN THIS ARTICLE
London
Foreign Money Markets and Securities Summary
Ex dividend. Call money in London 3 14 403 percent. Open market discounts for short bills 3 percent to 4 11 16 percent, long bills 3 1 4 2 percent. Berlin 4 4 percent, Paris 1 percent. Paris exchange on London 5 francs 14 4 centimes. Gold 4d. Berlin exchange on London 2 marks 46 44 pfennings. British consols 4 percent for money 419 16. French rentes 94 francs 2 centimes.
MENTIONED IN THIS ARTICLE
London
Berlin
Paris
Paris Exchange
Kargold, Tis
Berlin Exchange
Money Market and Exchange Rates Snapshot
Money on call opened at 2 percent with highs to 6 percent and lows near 34 percent, latest at 6 percent. Time money quoted 4 4 14 to 5 percent for up to six months. Foreign exchange opened steady with cables about 4.87 to 4.89 per dollar, demand sterling around 4.86 to 4.87, sixty day bills near 4.83. Bankers’ rates show mixed quotes and several currency cross rates, with domestic exchange varying by city and market. Government receipts show daily and year-to-date figures, with notable excess of receipts over expenditures and Sub-Treasury debtor status to Clearing House.
MENTIONED IN THIS ARTICLE
UBLIC
Now
Rochelle
Main
Mechanic Streets
State of
New York
New Rochelle
NS. Y
Common Council
Charles Kammermeier
City of
N. Y
Charles Kammermeyer
Sterling
Beate Sain Y Accey AE
Reichemarks
Germany
Reichsiarke
MY OS
Paris
I Bis
Belgium
Switzerland
Sips Ee
Molland Guilders
Boston
Chicago
Charleston
St. Louis
San Francisco
Telegraph
New Orleans
Cincinnati
Savannah
Baltimore
Philadelphia
London
Madrid
Lisbon
Washington
Sub-Treasury
Clearing House
Outside securities steady gains lift market breadth
A generally strong tone prevailed in the market for outside securities with more active trading. Copper shares improved while major names like Nevada Consolidated and Furnace Creek rose, and British Columbia and Davis Daly showed strength. Standard Oil slipped while Goldfield and related issues remained active amid irregular pricing.
MENTIONED IN THIS ARTICLE
Boston
Greene-Cananea
Nipissing
Nevada
Furnace Creek
Gold Hill
Union
British Columbia
United Copper
Nevada-Utah
Davis-Daly
Goldfield
Goldfield Consolidated
Manhattan Transit
Standard Oil
Western Ice
Foreign Bank Returns Show Shifts in Reserves and Deposits
London June 27 The Bank of England weekly report records reserve decline of 514000 pounds while circulation rises 59000. bullion drops 124000. other securities up 5031000. other deposits up 4291000. public deposits up 199000. government securities unchanged. reserve ratio 42.70 percent. Paris June 27 Bank of France notes in circulation rise 1450000 francs. treasury deposits up 39375000. general deposits up 126200000. gold on hand up 8325000. silver down 475000. bills discounted up 85675000. advances down 7 1000 francs.
MENTIONED IN THIS ARTICLE
London
Bank of England
Dbullion
Er Ora
Paris
Bank of France
Exchange Stocks Move on Small Volume in Mining Market
On the New York Produce Exchange yesterday trading was light with 9 200 shares exchanged across five mining stocks. Branch Mint moved at 1 and 16 with last price a buyer sixty days, Greater Nevada 25 cents, Tramp Consolidated 5 1 2 cents, Furnace Creek 6 2 4 0, and Goldfield Daisy 19 dollars. Bid and asked prices on leading stocks followed.
MENTIONED IN THIS ARTICLE
Ineiaiaa Industrial
Oda
Atlanta
Barnes
Bonanza Creek
Boston
Dores
Lroux
Esperanza Foster Cobalt
St's
Gu Giroux Furn
Consol
Greene
Greene Golastiv
Oya's O's
Lagton & Conerd
Lucky Boys Eeseees
Iw Mines Co
Mitchell
Montgom Min
Nevada
Nev-Utah
Nipiss Minea Co
North Butte
Ontario
Pennsylvananea
Pittsche L & Z
Roanoke
Stewart
Tintio
Ania Rico . i
Columbus
New York Produce Exchange
Tramp
Furnace Creek
Foreign trading and market moves recap
Foreign houses traded 15000 shares locally with few sales of Union Pacific. London sentiment improves on clearer finances but lacks definite guidance for U S stocks. Call money rises to 6 percent amid July disbursements and bank gold movements. St. Paul to sell about 8000 shares of preferred stock to fund fractional rights payoff. Dividends declared by Wells Fargo, DL&W, NY Telephone, Distillers, Bank of the Manhattan, NY County National Bank, US Finishing, and US Mortgage. Pig iron market not slumping sharply. Dun's crop reports show favorable weather and rising yields ahead. New stock exchange memberships and corporate notices noted.
MENTIONED IN THIS ARTICLE
Ask
Adams_ Express
Allis-Chalmers
SG Hole
Amer Agr Chem
Amer
Kar
Amar Copter
Lede
iLoula & Nash
Amer Hide & L
Mackay Cos
Manhan
Airake
Centra
Amer Steel Fay
Atchison
Ralakiala Uy
West
Cab Balt
Ohio
Tel & Tel
Ann Arbor
Bhp
Atchison Asso Mer
Cuba
Norf & W
Lee Do Uw
Atl Coast Line
Bata & Ohto
van C &T
Alb & Su Boake
Pac
Ing
Bethlehem Steel
Oo Co & South
Boston Air Line
Southern Ry
Brooklyn Rap
Dba
Brook UN Gas
Texas & Pa
den & T
Tap & Fr
Buff & Susq Pt
Utterick Co
Canada
Pacific
Ches & Ohio
Ievather
Dist
Secur
Tgo & Alton
B& Q
Louis & Nash I
Kan
NY Central
Tex & P
Nor Pacific
Elec
Penylvania Rey
St P
Activ
Hoon
Do Do
Truthern Pacific
Athern Railway
Japan
Ray Fo
Steel SF Ss
Saan
Orty
Co Indi Ooo
Union Trac
Texas Pacific
St L
N & South
Ratopilas
le & R
Titelshaczar
Sa · St
Crip Creek
Ingert-Rand
Awha & M
CES & Mp
Lake Ert & Walem
Long Island
Lnuls & Nash
Mackey
Minn & St L
MK & T
Missouri Pacific
Nash & Chatt
Nat En & Stoe
Newhouse Sas
Y Central
Chi & St
E York Dock
A&w
NY &N J Tel
YNH& H
NYO & W
Norfolk & West
Northern Pacific
Ontario
Pacific Coast
A. Ae
Pacific Mat
Penn R R
Peoria & East
Peo Gas & C
Pcca&bl
Pullman Pal
Aianitiona
Republic I
Rome
St Joseph & A
St & S' West
Sears-Roeb'k
Antinent Pacific
Vistula
Texas & Pacific Land Trust
Lee West
Hee
Union Pacific
United Ry
Seeerere
Baia
Bary Ban
Annes U's
Ois Beal St
London
Bank of England
Seattle
ST. Paul
Chicago
Miwaukee & St. Paul
St. Paul Preferred
Treasury
Etter
New York and New Jeresey Telephone Company
Distillers’ Securities Corporation
Bank of the Manhattan Company
New York County National Bank
United States Finishing Company
United States Mortgage and Trust Company
Pittsburg
Milken Brothers
Rozers, Brown & Co
The
Iron Trade Review
Milliken Brothers
DUN
H. V. Jones—Watson & Co
Minneapolis
Also Mentioned on This Page
Bankers and Brokers
N. W. Harris
Bankers Pine Street
William New York
William P. Bonbright & Co
Bankers
NEW York Stock Exchange
Broad St
George St
Mansion House
E. C
Colorado Springs
Colorado
N. W. Halsey & &C
Wall St
Redmendade
Cricago & Northwestern
Schmidt & Gallatin
Broadway
G. L. Parmelee
Interborough-Met Tan Company
F. E. Warner & CO
Nework
Broad
Utah
J. Thomas Reinhardt
Broad Street
CURR
American Bank Note Company
Trinity Place
Wall Street Journal
R. L. Day & Co
Best & Albany
Cal & Hecla
Cnet
Osceola
Dom
Tel & 5 Co
Parrot
Quincy
Amarack M
Wolverine Mi
Smelters
Atlantic
Shannon
Masa Gado ST
Securities Values Advance
Ghares
Vandalla RR
Stry Va-Car Chem
Va Iron C & C
Wells Fargo
West Maryland
West Union Tel
Westinghouse M
Wheeling & LE
Central 1
Consolidated Exchange Sales
Wits
American Securities Abroad
Anaconda
Paul Sae
Erie
Louis É Nash
Pennsylvania
Money and Exchange
Outside Securities
Foreign Bank Returns
Produce Exchange
Astend. Dla
Mines Co
Paso
Portland G@ M
Aus
Consolidated
J. E. Fore
John W. Gates
C. G. Gates & Co
Hip
Consolidated Stock and Petroleum Exchange
Commission
Israel 2Am
Saratoga Springs
Consolidated Exchange
S. Beekman Laub
Miller & Co
Central New England Protective Committee
Central New England Railway Company
T. C. Delavan
Bourse Building
South 4Th Street
American Telephone and Telegraph
William W. Cook
Mackay Companies
American Telephone and Telegraph Company
Tamarack Company
Osceola Company
People's Gas Light and Coke Company
People’s Gas Light and Coke Company
Frederic H. Hatch
Lord & Taylor
Manhattan
Nat
Niles-Bem-P
Otts Elevator
Barney @ SC
Pitts
Brice Bay State Gas Pope Mfg
Colt’'s Arms
Pratt
Grdene Cananea
Hall Signal
Havana Tee
Hudson
Inter Salt
Lorillard
J B Bretson
van Schaick & Co
Cotton Duck
United Railway
Aom Ly
Wey Eis Ie Gruesv
Tay & P
Anes
Chas City Ry
Seaboard
Oom
Chas
Elec Sa
Union Trust
Third Nat Bank
Sidertey & A
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