Stock Tone Improves as Peace Talks Weigh on Markets
Foreign markets exude cheer amid hopeful readings on Russia Japan peace efforts. Wall Street shows improved tone after recent declines as buying power absorbs large selling volumes. Analysts note cautious optimism, with limited call money movement and steady bank liquidity shaping a tentative pursuit of profits.
MENTIONED IN THIS ARTICLE
Russia
Japan
Wall Street Gossip Sparks Interest in Market Comeback
New York March 31 Special to The Washington Post reports dull trading on the UN floor with a cautious yet bullish tilt. Analysts note large speculators idle but ready to reenter, with optimism centered on United States Steel and Amalgamated Copper as rumors of mergers and deals circulate, while call money and lending trends influence near term sentiment.
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Washington Post
New York
Wall Street
Russia
Japan
United States
New Haven
Hartford
New York Central
Tiger Money
Slatemert
Tanon Pacific and
Pennsylvania Railroad
Pennsylvania Company
Pennsylvania
Amalgamated Copper
Union Pacific
Commission
American Tobacco
Atchison General
Atchison Adjustment
Atlantic Coast Line
Baltimore and Ohio
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Reding General
St. Louis
Iron Mountain
Consol
San Francisco
Wabash Debenture
Western Maryland
Wheeling and Lake Erie
Wisconsin Central
Wade & Heddes
M. J. Sage & Co
Broadway
N.Y
Washington Loan and Trust
Arthur Wall
Lynn, Wall & Co
F Street Northwest
Adams Building
Washington Railway stock activity signals rising investor demand
In yesterday’s Washington financial column Walter Helston set the tone with large bond purchases and a flurry of trading in Washington Railway Company bonds and common stock. He notes strong demand across Union Trust, Gas shares, Mergenthafer, and Central Bank, with steady absorption and price advances, while Lanston shows subdued interest and Norfolk and Washington Steamboat remains scarce. The piece also references a possible shift of active trading from New York to local boards and notes anticipated Japanese loan subscriptions.
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Walter Helston
Washington Railway Company
Hibbs
Hume
Washington Railway
Preferred
New York
Kuhn, Loeb & Co
Washington Stock Exchange Snapshot and Bond Quotations
Washington Railway and Electric trades appear with multiple lots at varied prices and yields, including preferred and common shares, plus extensive closing bid quotations on District of Columbia bonds and miscellaneous securities. The report notes Mergenthaler Linotype and Lanston Monotype activity, with a closing section listing numerous bonds and bank stocks. A testimonial praises Dr Agnew’s Catarrhal Powder from P G Africk.
MENTIONED IN THIS ARTICLE
Washington Railway and Electric
Washington Hallway and Electric
Union Trust
Central National Bank
Washington Gas
Mergenthaler Linotype
Lanston Monotype
Graphophone
Washington Railway
Metropolitan Railroad
Columbia Railroad
Acacuelia and Potomac &S
Washington Gas Company Gs
Washington Gas Company
United States Electric Light
Chesapeake and Potomac Telephone
Washington Market Company
Potomacc Electric Light
Safe Deposit and Trust
National Safe Deposit and Trust
Washington Loan and Truc
American Security and Trust
Washington Safe Deposit
Uclon ‘Trust Company
Washington Savings Bank
Home Savings Bank
Haltroad
Capital Traction
National Bank
Bank of Washington
Metropolitan Citizens
Central
Farmers and Mechanics
Bank clearings across major cities show varied gains
Bradstreet's weekly totals report New York led with 1.89 million in bank clearings, a 73 percent rise from a year ago, while Chicago's 175.998 million rose 5.4 percent and Boston's 137.421 million climbed 29.5 percent. Other cities ranged from gains of 2.1 percent in Cincinnati to declines in New Orleans and Baltimore amid broader regional shifts.
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New York
Bradstreet's
Chicago
Boston
Philadelphia
St. Louis
Pittsburg
San Francisco
Cincinnati
Baltimore
Kansas Ciy
New Orleans
Minneapolis
Cleveland
Loulaville
Detroit
Mulwaukee
Fichmond
Savannah
Atlanta
Galveston
Charlesto
Wilmington
Norfolk
Philadelpa
Brunswick
Newport Ews
Houston
Augusta
Memphis
Great Britain
France
Continent
Japan
Mexico
Great
New York Cotton Market Ties Upward After Mixed Cables
New York cotton trading was less active with irregular moves. Prices fluctuated to yesterday’s high but settled near last night’s level as reports of healthy South receipts and mild bull support influenced the session. May, July, August, October, and December prices closed mostly unchanged to a few points lower or higher.
MENTIONED IN THIS ARTICLE
New York
Cotton Letter: May premiums rise as May shorts grapple with market
New York reports erratic cotton trading within a narrow range. May prices sit 14 points over July as large weekly movement and exports shape the tone. Clearances totaled 41,367 bales by 2 pm, with forecasts of lighter movement next week due to falling interior receipts and higher Texas freight rates starting April. German buyers and New Orleans bulls reportedly circulate for May delivery. Continued on eleventh page.
MENTIONED IN THIS ARTICLE
New York
Galveston
New Orleans
Texas
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