Reading and Copper Stocks Rally On Market Broad Advance
The New York market opened with small price shifts but quickly firmed, led by Reading, Union Pacific, and St Paul as copper shares gained on improved trade. Reading rose to a yearly high on strong earnings forecasts, while St Paul attracted support ahead of its dividend declaration. Copper stocks rose in London and residual foreign interest waned ahead of the August holiday closure.
MENTIONED IN THIS ARTICLE
Reading
Union Pacific
St Paul
London
New York
Gould
Amalgamated Copper
Anaconda
American Smelting and Refining
Armalgamated
St. Paul
Sai
Felding
Beyoni
Cie
Canada
British America
Rio Tinto Canmany
Europe
New York Bond Market Mixed With Various Convertible Notes
New York July 31 closing prices show a wide range of bonds and convertibles from major firms. Notable mentions include Atchison convertible 4s, Atlantic Coast Line 4s, Baltimore and Ohio, Central of Georgia, Chicago and Pacific lines, and Union Pacific 4s, among others, with varied yields and trading levels. The market lists numerous railroad and utility issues, tariff-linked notes, and several Anglo and domestic corporations reflecting a fluid bond environment.
MENTIONED IN THIS ARTICLE
New York
Gmgia
Central of
Ras Yohawpeatio Sn
Ohio Deo gEhicage
Aston Aisa
Buykineton
Quiner
Ana Pacife Railroad
Hchicago
HT and Pacific Railroad
Chicago Rt and Pacific Railroad
S.C. C
Japan
Louisville
Naghville
Manhattan
Consol Gold
Patexinan Central
Mexican Central
Ihe
Minnesports
St. Louis
Missouri, Kansas
Texas
Biiesport Dominion
Iran
National Railroad of Edinon Electric
North Butte Pensylvania Consol
Atlantic
Reading General
Taal Bingham
Republic of Cuba
Louis Ang
Ren Mountain Consol
San Francisro
Louis Southwestern
Beaboard Air Line
Southern Pacific
Southern Patsie
Southern
Gu - Rexas
Pacific
Waiedo
Weaterods
Union Pacite
United States Steel
Watech
Maryland
Wisconsin Central
Boston
Albany
Maine
Fitchburg
Kew Haven
Harford
American Sugar
American Sugar P
American Telephone
American Woolen
Boston and New York Market Roundup July Quote Report
New York money rates firm with 4 to 4.5 percent range and bankers bills at 4.9690 demand. Butter and cheese prices vary with creamery and dairy markets, live poultry supply steady, turkeys and chickens priced per pound, dressed poultry and meats listed. Vegetables and fruits show mixed prices with potatoes, box costs, and regional yields noted for several states and regions.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
Bar Bilver
BNGE
Virginia
West Virginia
Southwest Virginia
North Carolina
Carcier
Florida
Coffie
Rio
Santos
Cordova
Long Island
Jersey
Southern
Washington Market Cattle and Metals Reports from New York
London tin and copper markets rose amid foreign gains while New York bids were firmer. Cattle, hogs, lambs and calves priced for July shipment, with ranges for primes and common grades, and mixed hog and steer quotes across the Chicago and regional markets.
Copper surge lifts Wall Street amid bullish copper rally
Wall Street sees a broad advance as copper stocks lead a renewed bull move. London and Boston markets rise while Amalgamated and Anaconda on the New York Exchange attract heavy trading. Reading gains on upbeat earnings chatter and anticipation of Hepburn law clause ruling. Cotton and steel show strength as bankers report improving crops and trade.
MENTIONED IN THIS ARTICLE
Washington Post
New York
London
Boston
Stock Exchange
Insues
Anaconda
Amalgamated
Traders Hold Stocks as Prices Lag in Washington Market
Washington Railway and Electric led activity on the local exchange with shares at 34 while Georgetown Gas certificates were subscribed for. The market showed strength despite traders resisting lower prices, a broker traded 10 shares at 34 and others shifted stock, a 160 share transfer occurred at a quarter after an eighth bid. Butte Coalition rose to 27 to 8. The exchange closes today with expectations of a continued upward trend. Gould system changes and a pipeline project near Chevy Chase were noted as developments.
MENTIONED IN THIS ARTICLE
Washington Railway and Electric
Georgetown Gas Company
Washington Hallway
Butte Coalition
Harriman-Gould
Got
Gould
Georgetown
Connecticut Avenue
Sew Bridge
Tennallytown Road
Chevy Chase
Cotton Crop Condition Report Shapes Market Mood
The July 25 cotton condition stands at 83 percent, up from 81.2 four months earlier and 75 a year ago, with comparisons to prior Julys. World visible cotton supply totals 8,077,453 bales, including 1,292,412 bales in the United States, while prices react modestly after the government release. Local trading notes the report as only mildly bearish, with slight shifts in futures after initial gains.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Department of Agriculture
Virginia
North Carolina
New Orleans
Ogcreway
Wevpt
Brasil
India
Great Britain
Cou
Egypt
United States
New York Grain Market Report July 31
Wheat receipts total 162900 with exports 49062 as spot prices ease after Beary unloading rumors. No 2 red grain near 99 cents fob. July at 100 GI, September 989-16 to Culmina...
MENTIONED IN THIS ARTICLE
New York
Duluth
Chicago
Chicago Grain News Shows Wheat Slump on July Day
Chicago trading saw a broad wheat weakness with September futures down, corn and oats mixed, and slight gains in newer crop months. Reports of rust in some regions and weak export demand weighed on prices while cash and hedging activity kept some risk in play. Local receipts and primary supplies affected market dynamics as producers awaited clearer signals.
MENTIONED IN THIS ARTICLE
Chicago
Jongs
Figo
Minneapolis
Duluth
Flocsdylla
Aiinore
Indiana
Missouri
Lorat Recolpia
Provisiona
Foe
Live Stock Markets Mixed Signals in New York Trade
July 21 market snapshot shows varying cattle hogs calves and sheep activity. Cattle receipts about 1,500 with steady to higher prices for steers and bulls, hogs up to 100 higher, calves sold steady, and sheep and lambs firm to lower with mixed demand across grades. Cables from London suggest higher cattle values and dressed beef demand in export channels.
MENTIONED IN THIS ARTICLE
New York
London
Moe
New York State
Chicago
Nellore
TRON MARKETS MORE ACTIVE AND MILLS GROWING
R G Dun & Co reports in its weekly review that trade shows moderate weekly gains with irregular progress across regions and industries. Southwest leads while the East lags. overall business volume is up versus last year. Production in mills rises weekly. more plants resume operations, often part time with reduced workforces. Cotton goods demand returns are improving though actual trades remain limited. wholesale clothiers cut operations yet higher quality fabrics resist cheaper prices. New England shoe manufacturers see quiet business after Western wholesales depart. mail orders lackluster but expect uptick. leather prices rise for heavy soles and dry hide sides are scarce. belting inquiries improve though buyers bid low.
MENTIONED IN THIS ARTICLE
Tron
Bessemer
Pittsburg
Cornélisville
Imula
New England
Harriman Gains Control as Wabash Notes Sold
Kuhn, Loeb & Co and Blair & Co announce the purchase for the Wabash Railroad of four million dollars in three year Wheeling and Lake Erie notes. The deal transfers control of Wheeling and Lake Erie from George Gould to Harriman backed bankers with an option on twelve million dollars of bonds. The notes mature tomorrow and foreclosure is not pursued as part of the agreement.
MENTIONED IN THIS ARTICLE
Wheeling and Lake Erie
New York
Wabash
Kuhn, Loeb & Co
Blair & Co
Wabash Railroad Company
Lake Erie
Shell
New York Market Mixed on Crop Report Influence
New York July 1 The government crop report with 8 percent conditions had little market impact. August rose briefly to 17 points, September fell 7, late months down 2. About 76,000 bales traded. Opened steady to a small gain on August and months later eased, then steadied as bear positions covered. October and December futures mixed. August held gains on short interest. Southern markets were unchanged to lower. Liverpool closed until Tuesday.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Liverpool
Getobers
Lapis
Baltimore Markets Grain Report Amid Mixed Receipts
Baltimore markets report shows mixedgrain activity with large and small bag receipts. Prices for flour and oats hold firm while corn and wheat show dull to steady tones and delivery notes span August September.
MENTIONED IN THIS ARTICLE
Baltimore
Bisler
Wampiern
Southe
Enigzsiss
GMM
Liverpool
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New York Bowd Market
Curb Market
Tay UK
Falis-Chalmers
American Steel F
American
Steel Foundry
Deb
American Tobacco
Adams Bovress
Bestua Copper
North Chicago Subway
Cumberland-Ely - Ba
Goldfield Consolidated
Greene-Cananesey
Nevada Consolidated
National
R. R
Mexico
Booth National H.R. of
Nevada-Utah
New York Stock Market
Bradstreet
Philadelphia
Louis
San Francisco
Kansas City
Cincinnati
Cleveland
Detroit
Los Angeles
Richmond
Washington
D. C
Ata
LEAR
Wilmington
Del
Lip Wheeling
Houston
Galveston
Tannas City
Nashville
Ogee Wooo
Minneapolia
Hume & Co
St P. & Sault St
Ryand Lee
Elec
Pia
Ava
Smelt
Ang
New Terk Central
Afl
Am. Smet
Norfolk and Western
Mitchell Mining
Ehey
Tanjs North Americar
Alter Cail
Owi Atehisan
Penneyania
People's Gas
Awii
Atlantic Coast’ Line
Washington Gas
Wigaltmore
Baltimore and Ohio PLC
Brooklyn Rapid Transit
Dtm
Capital Traction
Raeite Adiya
Reading Weatherer Nee
REBMG
TTI
Anacomia and
Potamag Fs
Republic Steel
Ea al
Guy
Subuphan
Central Leather
Hut
Republic Res
Columbia Ss
BnOrRock Island O
Columbia
Central of New Jersey
Washington Market
Nacathern Rattray
Southern Ist
Southern Allway
Slqcke
Say
Delaware and Hudson
Eana and Pacific
Denver
Toledo
St Louis
Weat
Baty Washington
Vie
Genyer
Bla Grande Pfa
I Soc
St L
West Pia
Hreorgetown
Fan O
Mere Securities
Mergenthaler Linotype
Aannited States Steel
Northern Pi
Greene-Cananea
Siegui Grest Northern Greets
Utah
Ang. Mitchell
Central
rainia-Carolina
Camiina
Anoh Waba
Anal Ad American
Oiiver
Metropolitan Pid. Ma
Olternat Anal
Wabagh Pa
Trestinehouse Electric
Cohen Ni
Bay Ager Westerm
Cntonee
Cammere
Hawa Central
Wheeling
Yiners Ani View Amicr
Ubu
Sonft
Aly
Eae Trust Company
Tbbs & Co
American Security
W. B. National Gate
New York Stock Exchange
Chicago Board of Trade
Wash- Tinkon
Neington Stock Exchange
Washington Loan and Trust
United States Trust
Frome Savings
Merchante
Merhanks Savings
Union Savings
Corporan
Wottenal Union
Praple’s
Nationel Baale
Columia
Ifn United ‘States Tes
Consity
Treasury
Wrahington Warkie
Lt National Bank
Washington Stock Exchange
Washington Produce Market
Metal Market
Washington Cattle Market
Jake
Ohte, Jr
Norti
ana” Badd _ Benderson
AC Cole
Ania
Ana Lida
Ol City
Credit Patences
Jewspaper
Wall
THE
United States Treasury
NEW York Grain
Chicago Grain
Dun
R. G. Dun & Co
Darveston
Mobile
Savannah
Charleston
Baltimor Ominal
Niladelphi
Newport News
Portland
Augusta
Louis— Kh
Little Rock
Porte
Continent
Consolidated
Alperta
Merchants & Mechanics Savings Bank
Blaridge E. Jordan
Michael G. McCormick
Julius J. Peyser
Fendall Dain
Cashier
Owen Thompson
Ass't Cashier
Seventh Street
William C. Worthington
Irvin Owings
W. B. Hibbs & CO
Baise Tse Pharington
Wej
Hibbs Building
United States Trust Company
H. Bradley Davidson
St. N.W
Fordome
National Savings & Trust Company
Cor. 15Th
New York Ave
Burmius
Riggs Rasen
Ave
U. 8
Sunday Post
Cork
Bevings
Home Savings Bank
7Th and
Mass. Ave
N.W
Wth
H &Ts
7Th St. BW
Thomas L. Hume & Co. Brokers
F Street N. W
S. 4
Clarkz
Kember Consolidated Stock
Zecain Js
Fhons M
Ouray
Swartzell, Rheem G Hensey Co
6Th Street
Potomac Insurance Company
District of Columbia
Ile
Alex K. Phillips
Serraury
D. 1
Reiskell & McLeran
H Street