Sharp Rise in Stocks Across Major Groups and Bonds
Closing stock prices show gains and losses across Am Can, Missouri Pacific, Anaconda, Northern Pacific, and many others with varied net changes. Bond and commodity details follow, including government receipts and Sub-Treasury indebtedness, while gold, silver, and Mexican exchange rates are noted.
MENTIONED IN THIS ARTICLE
Amal Copper
Met Street Ry
Ai Ag Chem
Mexican Central
Wim & St L
IMSP
Northern Pac
Pacific Coast
Atchison
Pacific Mail
Penn Railroad
Coast Line
Peo Gas & C
Ohio
Ipcce& Stl
Bkiysn Rap
Caradian Pac
Steel Spring
Ashes & Obio
Gt West
Ep Iron & Stl
Qck Island
Sloss-Sheff
Southern Pac
Southern
WiTenn Copper
iTexas & Pac
Ora
Do Land Trust
Deal & Hudse
Trreit
den & RG
Bag & PP
Union Pacific
U Scip & F
En Chemical
U SR & Ref
Gen Electric
Gt North
U S Steel
Hock Vail
Illinois Cent
West Mary
West UN
Iowa
West
W&le
J Louis & Nash
Mackay
Japan
Pac
Penn
Palaia Seeneke
T&s F
Steel Ss
Record of a Stock Market Rally and Rumors in 1900s
The market opened weak then surged after noon on reports President Roosevelt backed higher railroad freight rates to protect wages and a Union Pacific asset-segregation plan. Big gains led by Union Pacific, Reading, Southern Pacific, with a day’s volume near 950,000 shares. A Washington inquiry into stock trading had no immediate effect, while regulators could consider curbing stock gambling.
MENTIONED IN THIS ARTICLE
Union Pacific
Shorts
Reading
Southern Pacific
St. Paul
United States Steel Common
Preferred
Commission House
Washington
Roosevelt
New York Stock Exchange
Commissioner of Corporations
Oes
Money Market and Foreign Exchange Update
Money on call opened at 2 percent with a 14s per cent high and 2 percent closing. Time money active at 2 2 percent for sixty days and 4 percent for ninety days, higher for longer terms. Mercantile paper active with moderate absorption and varied rates for 60 to 90 days and four to six months. Foreign exchange opened steady near 4.90 to 4.8055 for cables with demand sterling and sixty day bills quoted. later declines and easier tone with lower cables and bill rates. Bankers' posted rates listed for sixty days and international currencies. domestic exchange figures for several cities noted with minor premiums.
MENTIONED IN THIS ARTICLE
Mercantile Paper
Reichsmarks
Demin
Sss
Germany
Paris
Trance Nv
Boston
Jcago
St. Louis
Socciscount
San- Ma
Aight
Financial Market Roundup and Industry Updates
London stocks opened higher then sold Union Pacific as sales outpaced purchases. Amalgamated Copper led declines among American stocks in London while the general market was quiet. Dividends were declared by American Type Founders, American Iron and Steel, Royal Baking Powder, and Union Switch and Signal. Taft named Speyer New York a Philippine funds depository. six depositories hold about 10.09 million dollars. Nevada Consolidated Copper’s new bond issue drew 95 percent subscriptions. Interstate Mortgage Debenture Company to dissolve. Iron and Steel trade notes say demand remains steady, with agricultural and canning industries busy. foreign steel trade improves, but domestic transactions light.
MENTIONED IN THIS ARTICLE
Adams Express
jAmerican
Amer Express
Amer
iAmer Hide & L
S. J ' Ort
Amer Sugar
Amer Tel
Aimer
Archison
Coast
Eait
Ohio
Rio
Bethlehem Ste
Buffalo Z &P
Butterick Couff & Susq
Canada Sorathern
Ist Jae
Chesa
Chicago
Alton
M & St
Col & An He & T
Iklyint
Consol Gas
Denver & A
Detroit
Erie
Evans & T H
Federa
Federal M&s
Stanley A
Earn Co
Gen Electric Co
Havana
Linois Central
Ingersoll-Rand
Iowa Central
Kana & M
Kansas
Keokuk & Ag
Lake Erie & W
Louisy & N
Manhattan
Central
St Louis
St M
Kan
Texas
Missouri Pacific
Nash & Chatt
Nat'l
Biscuit
Nack & W
Penn
Ee Gas & Coke
Rite Ssi
S L
Wei
United R'ylewseercs
Utah
Alan Vandalia
Iron C &C
Wells Fargo
West Maryla
Tinion Tel
Westinghouse
Wheeling & L. E
London
Union Pacific
American Type Founders Company
American Iron and Steel Company
Royal Baking Powder Company
Union Switch and Signal Company
Taft
Banking House of
Speyer
New York
United States
American Tobacco Board
American Tobacco Company
B. N. Duke
Thomas B. Yuille
C. E. Halliwell
Iron Trade Review
Eilroads
Lelivteed
Messrs. Sperer & Co
Rock Island
Arkansas
Louisiana
R. R. Co
Messrs. Speyer & CO
Pine Street
Chicago, Rock Island & Pacific Railway Company
Geo. T. Boggs
Ass’t Treas
Outside Securities Rally Lifts Nevada Copper Stocks
The market for outside securities showed improvement with broader trading and a firm general level. Nevada Consolidated and Nevada Copper issues led gains, Cumberland-Ely rose, and other copper shares edged higher while Standard Oil fell sharply. Guggenheim Exploration traded back in and gained, Manhattan Transfer rose on active trading as gold and silver shares recovered. Rends remained firm.
MENTIONED IN THIS ARTICLE
Bay State
Manhattan
Spencer Leasing
Iena Sala
Etna
Yrererinie Soeneriecess
Ing
Sale
Bonntie Claire
Boston Copper
Ites Isles
British Cat Copper
Butte Coalition
Butte
Ariz
Cumberland- Ely
Davis-Daly Estate
Dromintots
Florence Aera
Foster
Aeral
Giroux
Iit i V1-18) Wy Field Conty
Greene
Alem
Ate
Mines Co
Aim
McKintey- Dareeg
Montezuma
Nevada
Utah
Nipissing Mines
North Butte
North Cobalt
Red Hill
Trethene
Tri-Bultien
Union Mines
United Rice
Nevada Consolidated
Cumberland-Ely
Greene-Cananea
Boston
Tri-Bullion
Douglas
Guggenheim Exploration
Manhattan Transit
Standard OU
London and New York Markets Signal Mixed Investment Tone
Foreign money markets show London call money at 3% and 3.5% with short and long rates. Berlin and Paris discount rates and exchange rates listed. British concealment money at 4.75% and rentes around 67% with francime values noted amid a flurry of financial figures.
MENTIONED IN THIS ARTICLE
London
New York
St Paul
Louis & Nash
Pennsylvania
Reading
South Pac
Union Pac
U S Steel
Berlin
Paris
Berlin Exchange
Philadelphia Stocks Report Incomplete Note
Fragmentary stock table note from Philadelphia market pages. Mentions Charles D. Barney & Co. and Brat raienee at tan eas He ts ete oe Philadelphia, indicating a brokerage listing with missing data.
MENTIONED IN THIS ARTICLE
Charles D. Barney & Co
Philadelphia
Also Mentioned on This Page
Guaranty Trust Company of
Nassau Street
Lombard St
E.C
Michael M. van Beuren
Mulford Martin Richard M. Jesup
van Beuren, Martin & Jesup
Wall Street
Metropolitan
Bowery Bank
Produce Exchange Bank
National Butchers & Drovers’ Bank
Clinton Gilbert
Wall ST
John B. van
Texas Company
Standard Milling
Babcock & Wilcox
TRUST
O. OF America
Chase Nat. Bank
Frederic H. Hatch
Bread Street
Montezuma Mines
W W.K. Clare & Son
Fred
N. Y
Broad ST
Micmac Hae Vesterda
Micmac
Nevada Consolidated J. Thomas Reinbardt
Ustomer
Tnequalied
Sa Eaee Alee Peace
Americax Type Founders Company
Cenmunipaw A
Jersey City
X. J
TPAS
Parabie
Morris 1. Smith, Treaser
Ami
Frede J. Waksurton
Hicago
Melwat A
Ees
American Sndfe Company
Fiten Avenue
N. C
Erek
Quemnon
Ican Snuff Company
Ays
E. D. Christian, Secy
Treas
American Telephone and Telegraph Com
American Can Company
steckhelGers
R. H. Selmon
Jefferson & Clearfield Coal & Iron Co
Molay
Beth
Cedar St
T & Price
Gurranty Trust Company of
Jefferson & Clearfield Coal & Iran Oe
GEO
HH. Clune
Easter
New Orleans
Cincinnati
Savannah
Baltimore
Madrid
Lisbon
Mexican Exchange
Sub-Treasury
Clearing House
Pac Trust
Wits
A&a P
Tex & Pac
AMS
Fay Union
Col & So
Lee Wabash
Seu Do
Fay Gr Bay
Industrial
tOdd Lote
Panama Canal
Nevada Consolidated Copper Company
Rock Island & Pacific Railway Company
Chicago, Rock Islang 4 Pacific Railway Company
Speyer & CO
State OF New York
New York City
State St
WM. A. Read & CO
East German St
la Salle
New York State
Kountze Bros
Broadway
Outside Securities
Bowling Green Trust Co
Edwin Gould
William H. Taylor
Chas. P. Armstrong
John A. Hilton
3D V.pres. & Treas
William M. Laws
Charles P. Armst
Frank Brainard
Harry Bronner
Franklin Q. Brow
Robert ©. Clowry
Edmund C. Converse
Nelson Cromwe
P. C. Costello
Grenville M. D. A. Goepel
Frank J. Gould
George J. Gould
Myron T. Herrick
Edward T. Jeffery
Winslow S. Pierrs
Morton F. Plant
Dick S. Ramsay
Frederick B. Schenck
Andrew Squire
John P. Truesdell
E. F. C. Young
Metropolitan Street Railway Company General Mortgage and Collateral Trust
Guaranty Trust Company
Circuit Court of the United States
C Purt
York City
Wit
Alexander J. Hemphill
Donald MacKay
Edward H. Ladd
William P. Dixon
Henry Evans
Tohn Spooner
R. C. Newton
Nassau St
the Trust Company OF Amerigh
Gresham St. Londom
American Securities Abroad
Lehigh Val
Marsden
Cambria Steel
Phila Co
Penn RR Co
Bat Co
Penn Steel Co
Fairmount
Phila Kap
Lake Sup Corp
Union Traction
Lehigh Nav. Sk
Welsdach C
Phila Bec
Rlec