Wall Street Opens Mixed as Traders Weigh Futures and Crops
Former buyers sought profits but found a weak market early, with prices drifting below last night. A stronger bank statement and favorable clearinghouse data sparked a 40 point rally, while Pennsylvanias led gains. Reading and its subsidiaries faced selling pressure despite denials. The week showed widespread speculative activity, with large capitalists and professionals driving turnover past a million shares. Strong gains in Hocking Valley Western Union and Fuller Construction highlighted continued bullish sentiment amid favorable crop prospects and robust iron demand.
MENTIONED IN THIS ARTICLE
Escaeasien
New York
Pennsylvania
Ay Jay
Reading
Hocking Valley
Western Union
Fuller Construction
Wall Street
Chicago
Wall-street
Indianapolis
Coal Road
United States Steel
United States
New York Banks Show Cash Gains and Reserve Surplus
The weekly bank statement from New York associated banks reports a $3,448,900 loan decrease and a $1,305,100 drop in deposits, with circulation up $ some, and reserves increasing by $3,108,100. It notes banks hold $15,799,275 above reserve requirements and analysts expect further cash gains if subtreasury operations persist. Publicized figures contrast official estimates with traceable cash movements, suggesting slight proof discrepancy.
MENTIONED IN THIS ARTICLE
New York
New York Associated Banks
Financial market snapshot across major cities
Indianapolis shows commercial paper at 4.776 percent and time loans at 5.6 percent with clearings $1,905,182.76 and balances $189,485.55. New York call money at 3 percent, mercantile paper at 4.45 percent, sterling exchange steady. Chicago and Boston report varying clearings and balances, while St Louis Baltimore Cincinnati note money rates and exchange figures.
MENTIONED IN THIS ARTICLE
Indianapolis
New York
Prime Mercantile
Sterling Exchange
Bankers
Chicago
New York Exchange
Boston
ST. Louis
Baltimore
Cincinnati
London Money and Exchange Rates Summary
London markets report mixed money and exchange quotes with Spanish and Paris rentes noted. Berlin letters discuss land checks, Suez bills, and three month discounts while New York lists bar silver prices and weekly exports totaling $216,545 in specie with gold and silver sums.
MENTIONED IN THIS ARTICLE
London
Paris
Suez Mae
New York
Silis
New York Market Opens Higher Then Shifts to Gains
London stock prices mostly eased while N and W and Southern Pacific edged up. U.S. open showed broad strength amid active trading, with Pennsylvanias leadership lifting others as the market closed near best levels. Fuller Construction may join a business combination.
MENTIONED IN THIS ARTICLE
Meyer & Kiser
Telegram
New York
London
Southern Pacific
Fuller Construction Company
Pennsylvania
Reading Common
Hocking Valley
Higher prices expected for rail stocks on Monday
New York July 19 report from Granger Farwell and Co. Telegram notes a definite promise of higher prices on Monday especially for Missouri Pacific Southern Pacific Pennsylvania and Metropolitan Street railway shares. Cheaper stocks Alton and Kansas City Southern are also seen rising together.
MENTIONED IN THIS ARTICLE
Atchison
Wwe
Wissai
Baltimore & Ohio
Canadian Pacific
Canada
Southern Save
Chesapeake & Oly
Chicago & Alton
Chicago & Altop
Chicago
Ind
Iron
Chicare, Int
East
Delaware
Hudson
Lack
Rio Grande
Denver & Reaver & R
Erie
Great Northern
Hocking Valley
Illinois
Iowa
Kansas City
Lake Erie & Western
Lake Erie
Manhattan
Louteville & Nanbynlepes
Missouri
New York Central
Norfolk & Western
Ontario & Western
Pennsyivanis
Louis
St. Louis
Granger Farwell & Co
New York
Missouri Pacific
Southern Pacific
Pennsylvania
Metropolitan Street Railway
Alton
Kansas City Southern
Butter and Egg Markets Across Cities July Report
New York reports firm butter and 4 3 4 7 thousand receipts with varied creamery grades and firm to weak egg tones. Philadelphia notes steady butter and lower eggs while Baltimore and Chicago show steady butter and eggs. Kansas City and St Louis report steady butter, Kansas cases mild decline, and Cincinnati steady with minimal changes.
MENTIONED IN THIS ARTICLE
New York
New State
State
Pennsylvania
Southwestern
Philadelphia
Cheney
Baltimore
Chicago
Produce Exchange
Kansas City
Missouri
Kansas
ST. Louis
Savannah
Wilmington
Rosin
Oil City
Ode Lima
South Lima
Inana
Charleston
Louisville
Hie
SQUEEZE IN JULY OATS AND JULY CORN RISES HIT RECORD
Chicago July 19. Oats markets surge as July oats hit a record high since 1874 amid heavy rains and harvest damage. July oats up 7c, September oats up 0.5c. July corn up 1c, September corn down 0.5c. Wheat rises on weather reports while provisions fall. Prices move on shorts pressure and scarce near months. Local receipts small, mixed futures with bear sentiment in oats.
MENTIONED IN THIS ARTICLE
Chicago
James Patten
Evanston
May
Sac Lo Mike
Shorts
Mississippi
Great Lakes
St. Louis
Tziec
Titge
Minneapolis
Duluth
Seaboard
Glee
Fil&ec
Wip@ile
Ing. Uly
Orig Naguly
Market Report Busy Wheat Prices Across Cities
New York reports keep steady and firm notes on flour and wheat with receipts and exports tallied. Prices shown for winter patents, Minnesota patents, and No 2 red wheat appear alongside futures, cash quotes, and regional variations across multiple cities, including Duluth, Minneapolis, Louisville, and Cincinnati.
MENTIONED IN THIS ARTICLE
New York
Minnesota
Brandywine
Duluth
Sec
Manitoba
Stau
Pacific Coast
Galveston
California
Texas
City
India
S. A
Japan
C. Molasses
New Orleans
Ua Niet
Cordaves
Eae
St. Louis
Liverpool
London
Pa Coast
Bacon—Cumberland
Sts
Louisville
Baltimore
Kansas City
Toledo
Cincinnati
R&c
Minneapolis
Wigcom
Northern
Milwaukee
Molasses and sugar prices from refined to confectioners items
The list details various sugar and molasses products with grade identifiers and unit prices including centrifugal, 9% test molasses, Nos. 6 to 10 refined sugars, confectioners sugar at 445c, mold sugar at 490c, cut loaf 16c, crushed 15c, powdered 47sec, granulated 4.66c, and cubes 4.90c.
Also Mentioned on This Page
United States Depository
Maryland Trust Company
Kirby Lumber Company
Houston Oil Company
John G. Johnson
Brown Brothers & Co
C. Granger Farwell &Co
la Salle St
Lombard Building
Union Surety
Capital National Bank
Indianapolis Street Railway
Union Traction
New Telephone
Newton Todd Fletcher Bank
Union Stockyards
W. J. Holliday & Co
Associated Banks OF
City OF New York
New York City
First National
Liberty National
Aeresaeee
New York Produce Exchange
New Amsterdam National Bank
Astor National
National Bank of the United State
Treasury Statement
Washington
Treasury
General Fund
Bank of New York, N. B. Manhattan Company
Mechanics’ National Merchants’ National America
Phenix National National City
Chemical
Natio Pease Oe
Exchan E National
Gallatin National
Ane Ned Eens
Mercantile National - Or Pacific
Chatham National O - People’s
Enceetares National Bank of North America
Hanover Nation Thee
Irving National
Ee - National Citizens
Nassau Wees Market
Fulton National National Shoe and Leather
Oriental
Corn Exchange
Pseer Importers’ and
Tre National Park
East River Nation
Weewa
New York County
Nationa
Fifth Avenue
Lincoln
Garfield
Fifth National
Metropolis
West Side
Rene Leenenes
St. Louis Southwestern
Tom
St. Paul
Tees
Southern Railway
Texas & Pacific
Toledo, St
Union Pacific
Union Factta
Wabash
Wheeling & L, E
Wheett & LL. BE. Td
Wisco
Central
Wisconsin Central
Adams A Express
Wells-Fargo
Br American
Amer
Amer, Smelting & Rewin
American
Anaconda Mining Co
Brooklin Rapid Transtomy
Colorado Fuel & Iron
Consolidated
Neral Elect
Hocking
Bi International Paper
International Power
Ee National Biscuit
Union
Union Bag & F ‘Co
Ted States
U S
United United States
American National Bankapital National Bank
Columbia National Bank
Indiana National Bank
Indiana Trust Company
Marion Trust Compane Merchants' National Tack
Anes
Indianapolis Street-railway
Mt Belt Railway
Indiana Hotel
Sneimse
J.T. Polk Co
National Biscuit
Mexican London
Price
Trade In” General
Wool
New Zealand
America
South
Victoria
South Zealand
Cape of Good
Natal
New South Wales
Queensland
Australia
Cape of Good Hope
Punta Aernas
Lée
Otis
Satpany Hale
Southern
Metals
Baker-Vawter CO
J.C. Copeland
Indiana
Special Bank and Trust Company
Stevenson
C.a.green
S. A. Fletcher & Co.’'S Safe Deposit Varait
East Washington Street
S. Tarrington