Wall Street Notes Warn of Union Pacific Weakness
Weakness in Union Pacific bonds stirred market unease with Erie and Reading also disturbed. The copper group showed strength as winter wheat reports improved, aiding sentiment after mid day rallies. Trading was volatile with mixed results and a late partial recovery as bargain buyers stepped in.
MENTIONED IN THIS ARTICLE
Union Pacific
Priess
Erle
Reading
Cortoly Etock
Paul
Promute
Imoderate
Talon Pacific
Bt. Paul
Market Review of Copper and Bond Activity, 1904
Copper prices rose about a quarter cent per pound while market mood stayed wary on policy shifts. The week saw a strong trading surge in Taton Parish stock amid receivership rumors and a broader bond issue affecting investor confidence.
Pacific bonds stir market as stock plunges after debut
Investors faced a sharp market shift as Union Pacific bonds opened at 1 1 2, dragging Pacific stock down 4 1 2 while broader quotes fell. Analysts attributed the drop to weak flotation expectations and the underwriters’ influence amid volatile trading morning.
MENTIONED IN THIS ARTICLE
Pacific
Union Pacife Honda
Pennsylvania Railroad
Honda
Pacifico
Atock
Thie Welling
No British Steel Trust Denied by English Firms
London June 2 report in the Tron and Steel Trades Journal alleged a $375 million merger among British American German Austrian and United Kingdom steel firms. English firms deny knowledge of any merger and ridicule the extraordinary claim. Bethlehem Steel executives Schwab and Johnson are en route to London, with no connection to any merger claimed.
MENTIONED IN THIS ARTICLE
London
Tron and Steel Trades Journal
Heltah
New York
Uritaia
Germany
Aurela
United Brathan
United Kingdom
Omelnia
United States Stent Corporation
Charles Mr. Schwab
Rehibald Johnson
Bethlehem Btoel Corporation
Mexican rail merger to take effect immediately
Mexico City June 12 Pablo Macedo returns from New York announcing the merger of the Mexican Central and National railways will be put into effect immediately. The line has relied on government subsidies to meet operating costs. the merger aims to cover expenses without subsidy.
MENTIONED IN THIS ARTICLE
Tito
Mexico City
Pablo Macedo
New York
Mestean Central
National Railways
Extensive promotions shake U S consular service
Washington state department announced the largest consular promotions in years with fifty seven American consular officers moved to new posts. Buffalo June 1 reports a Metactives photo incident injuring a photographer. Taft in Washington said he will stay through next week amid National Republican convention talks. New York June 12 confirms Hudson River system work progress. New Yorkers see Transit project updates and route changes.
MENTIONED IN THIS ARTICLE
Washington
State Department
Buffalo
Jerey Leach
Swan Airenis Nang
Wingon
Taft
Cincinnati
Chonga
Navid & Hamilton
New York
Fivdson
Manhattan
Mt Cortland
Arrest Report Notes Student on Motor Vehicle Charge
Richard H. Beynett of Fall River reportedly charged after an incident near No. 449 Fayorweather Hall in Massachusetts. Heenan and Murphy listed as associates in the report. details describe a motor vehicle operation and suspected offense.
MENTIONED IN THIS ARTICLE
Heenan
Murphy
Richard H. Beynett
Fall River
Motorayeloin
Yale Acideile
Fayorweather Hall
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Wall Street
Erie
Wextinghouse Hic
Monty
Wold Erie
Stern
Mnson Pacifie
Erte
Beonuan
Yenim Wall Street
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United Binet Ny
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Railway Co
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de Gay & Nbc
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Lo Pra
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EL G
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Cewea ST