Turbulent Wall Street as Amalgamated Copper Drops
A sharp fall in Amalgamated Copper shares, spurred by telegrams from a Boston speculator, unsettled the market and offset earlier gains. Trading mixed with large Union Pacific buying, rising rail and metals stocks, and expectations of a 7 percent dividend for Union Pacific. European markets cheerful with anticipated rate cuts, while domestic cash demand remains high at week's end.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Wall Street
Boston
Pacis
Creat Morthern
Union Pacific Common
Union Pacific
Chicago Great Western
Southern Railway
Missouri, Kansas
Texas
Union
Colorado
Pennsy Lama
Baltimore
Ohio
Stock
Chicago
Real Western
Amenean Car and Foundry
Stirinas
Professioma Specoietora
Sterling Exchange
Imperial Bank of Germany
Iandon
Stecks
Baltimore and Ohio
Missouri
Kansas
Viidas
Southern Pacific
U. P
Harriman
Boston Closing Prices On January 17 Reported
Boston trading data lists closing prices for Boston and Albany Boston and Maine and other major firms including New York New Haven and Hartford American Argo Chemical American Woolen Edison Electric General Electric Massachusetts Electric United Shoe Machinery and Copper Range amid quiet market activity.
MENTIONED IN THIS ARTICLE
Boston
Albany
Maine
Fitchburg
New York
New Haven
Hartford
American Argo Chemical American Argo Chemical
Pra
American Pheumaty
Americas Telepoth and Telegraph
de Dominioh Iron and Steel
Edison Electric Litum
General Electric
Massachusetts Electric Bom Massachusetta Electric
Massachusetts Gas + United Fru
United Shoe Mach
Tayers United
Shoe Mach
Wane Worth Hutte Ae
Bate
Shannon
New York Money Market and Exchange Rates Report
Money on call eased to 2 3 4 percent with rolling rate at 4 1 2 percent and close bid 2 24. Time spans steady at 60 days 90 days and six months. Prime mercantile paper at 5 1 4 percent. Sterling firmer with bankers’ bills at 4 8670 to 4 8675 for demand and 4 8830 to 4 8345 for 60 days. Posted rates 4 4 3 6 and 4 8 7 4 7 percent. Commercial bills 4 83 percent. Bar silver 4 3 1 4. Mexican dollar 30. Government bonds steady. railroad bonds irregular.
MENTIONED IN THIS ARTICLE
New York
Wall Street Gossip Forecasts Snow and Stock Reactions
New York reports that a lack of snow in winter wheat regions dampens market sentiment as brokers await outcomes before big long positions. Uncertain bets on Amalgamated Copper and Union Pacific dominate activity along with Berkshire influencers and Southern Pacific demand.
MENTIONED IN THIS ARTICLE
Washington Post
New York
W. B. Hibbs & Co
F Street
New York Stock Exchange
Chicago Board of Trade
Washington Stock Exchange
Daily Cotton Market and Related Grain Summary
Mixed commodity notes from Washington Post tables show cotton and futures activity, with prices for Mexican Central, American Sugar Refining, and United States Steel interspersed with grains. Wheat in Argentina weather shifts spurred modest declines, while oats and corn held steady amid export demand and local receipts. hogs, lard, and hams moved on packer activity and market shifts.
MENTIONED IN THIS ARTICLE
C.B
C.a
Adams Express
Manhattan L
Metropolitan Securities
Metropolitan Street Railway
Amur and Foundry
Mexican Central
St. P
Ste
American Express
Sussouri Pacific
ROBE
American
Ee Securities
Minsouri
Kansas
Texas
Nat. Ror. of
Mexico
Leo
New York Central
Qataria
Western
Norfolk and Western
American Sugar Refining
Norfolk and Western Ptd
Anaconda Mining Co
Atchison 2
Odo Atchison
Atlantic Coast Line
Baltimore
Aca
Ohio
Brooklyn
North American
Northern Pacific
Pacific Mail
Itoastot
Pennsylvania
Pites
St. Louis
Canadian Pacific
Pullman Palace
Seeetine
Central of
Chesapeake and Ohio
Chicago and
Afton
Republic Steel
Chicago and Alton
Rock Island Co
Chicago Great Western
Hock Island Co
Chicago
Northwestern
Mil
St. Paul
Stosa-Sheffield Steel
Chicago T
T. Pla
St. L
San F
St Louis
St. Louis Southwestern
Colorado Fuel and Iron
Louis Southwestern
W.b B. Hibbs & Co
New York
Washington
Stock Exchange
Chicago Board of the
Colorado
Southern
Southern Pacific
Consolidated Gas
Latos
Southern Railway
Tennessee Coal and
Texee and Pacific
Union Pacific
awDenver
Rio G
Pfé. Tl
Distillerst Securities
United States
Soo
Argentina
Azul
Erte
United States Rubber
United States Steel
Hocking Valley
Weiss-Pargo
Carolina Chemical
Bes
Unites
Pia Tublinternational
Bellows Central
Weatinghouze Electric
Tawa Central
Western Union
Kansas City Southern
Wheeling
Lake Erie
ANZ
Wisconsin Central
Louisville
Nashville
Minneapolis
Duluth
Cay
Ssugieu
Provisiona
Shorts
New York Grain Prices and Wheat Weakening Early
New York grain notes report barley steady and wheat futures turning quiet and weaker in early trading due to improved Argentina weather and tower cable updates. Receipts reach 40,000 bushels with exports around 33,799 bushels. Spot markets show No 2 red at elevator and afloat, while No 1 Northern Duluth bids hover around 9.714 f. o. b. afloat.
MENTIONED IN THIS ARTICLE
New York
Northern
Duluth
Argentina
Market roundup shows bond demand and copper stock drop
A busy trading day on the stock exchange featured strong demand for bonds, with total sales exceeding 40 900 dollars. Mitchell Copper Mining led declines after a sharp rise, while Chesapeake and Potomac Telephone edged up. Washington Railway and Electric bonds and preferred stock traded heavily, and banks showed light activity. Cotton futures softened amid mixed reports from the South and Liverpool.
MENTIONED IN THIS ARTICLE
Stock Exchange
Chesapeake & Potomac Telephone
Washington Railway and
W Electric Company
Washington Railway and Electric
Mergenthaler
Lanston
Mitchell
Cats
Washington Gas 4A
Washington Railway and Electre
National City Bark
Washington Railway and Electric Command
Mitchell Mining
District of Columbia
Philippine Land Purchase
Capital Traction Railroad
Metropolitan Railroad
Columbia Railroad
City and Suburban Railroad Ps
Anacostia and Potomac &S
Bristol Gas and Hjeatric
Washington Gas Company Ss
Washington Gas Company
United States Electric Light
Chesapeake and Potowac Telephone
Washington Market Company Ist
Potomiac Electric Light
Norfolk and Washington Steamboat Ts
Safe Deposit and Trust
National Safe Deposit and Trust
Washington Loan and Trust
American Security and Trust
Union ‘Trust Company
Washington Savings’ Bank
Home Savings Bank
Union Savings Bank
American Security and
Lincoln
National City
Frankin
Metropolitan
Corcoran
Potomac
Arlington
National Union
Columbia
People's
Columbia Title
Washington Title
Chesapeake and Potomac
American Graphophone
Washington Gas
Gesrgetown
Mergenthaler Linotypes
Lanston Monotype
Greene Consolidatza Copper
Washington Market
Norfolk and Washington Steamboat
Markets Mixed As Receipts, Exports And Bonds Shuffled
Commodity receipts show corn and oats with steady spot prices and mixed exports, while option and bond markets move on fresh quotes. NY brokers report varied government and railroad security activity with notable readings on 4s and 5s across several issuers.
Baltimore markets and grain prices report
Baltimore market notes show dull grain receipts and unchanged butter eggs sugar while wheat corn oats rye and oats prices shift with steady or firm tones. London tin copper lead and zinc futures decline. local metal and lake electrolytic terms steady to lower. London prices for lead down to £16 10s.
MENTIONED IN THIS ARTICLE
Baltimore
Southern
Oaats
Hasler
Liverpool
Cork
New York
London
Tron Wes
Standard Foundry
Cleveland
Foundry Northern
Foundry Southern
No. 2
Also Mentioned on This Page
Lawson
Wall
Street Gossip
Rock Island Common
Colorado Fuel
Far West
Utah Fuel Company
John C. Osgood
Gugrenheirs
Amalgamated Copper
Amalgamated
United Copper
Kansas City
Amalgamated Copper Directors
Hst
NEW York Stock Market
Chicago Grain
Washington Produce Market
New York State
Virginia
Wheellog
W. Va
Crade
Hickle County
Murphy
Grant
Beres
Woodfield
Mouroe County
Toledo
Onindas
North Lima
South Lime
Indiana
Galveston
New Orleans
Mobile
Savannah
Charleston
Parra
Wilmington
Philadelphia
Houston
Eaay
Augusta
Memphis
BBC
Louis
Cincinnati
Loulaville
Al 1
Porta
Great Britain
Continent
France
Britain
Japan
NEW York Grain
Mitchell Copper
Breck
National Safe Deposit
National City Bank
R. A. Casilear
Exchange
Utah
Chiotesee
UBT
Eayland
New York Cotton Exchange
American Tobacco
Burlington and Quincy
R. I. and Pacific Railroad
Colorado Industrial
Colorado Midland
Colorado and Southern
Cuba
Denver and Rio Grande
Distillers’ Securities
Kengas
National Railroad of Mexico
Consot
New York Central General
New Jersey Central General
Norther Pacific
Norfolk and Western Consol
Reading General
Iron Mountain
San Francisco
Saléa—Washington Railway and Electric
Sth
T5co
Btx
Chesapeake and Potomac Telephone
Capital Traction
Washington Railway and Electric Preferred
SF al
Nations Sefe
Ameri Security and Trust Rights
Metal Market
District
Thomas R. Jones
Francis Riggs
WM. D. Hoover
Gforge Howard
Charles [ Nyman
Prank W Stone
Asi
Woodbury Blair
Thomas Bhown
William A. HO Church
Walter Colephane
William V. Cox
William BE. Edmonston
George W. Gray
Samuel B. Holabird
William D. Hoover
Thomas R Jones
SH Kruftman
Samuel Maddo Martin F Morris
Henry Orth
William F Quicksanl
Honry A Willard Join LL Weaver
Torace Wylie
National Safe Deposit, Savings and Trust Co
Cor
Fifteenth St. and
New York Ave
Investment Securities
Edward Sweet & Co
New York Stock Exchanges
Washington Branch
George <A. Treadwell Mining Company
Gan Foundation Iir
Treadwell
Sanlits
Tu4s
Myhrab, Martin
Serrerates
William Street
We National Riggs Bank Pa. Ave
U. S. Treasury
Mitchell Mining Stock
M. L. Gough
Bucklen
Ali Druggista
American Express Company
The
Traders National Bank
Fiskk & Robinson
State Street
James B. Owens
14Th St. N. W
Og Real Estate
Scena
Meiskele & McLeran
Association
Ofice
Equitable Co-Operative Building Association
Equitable Building
Jean Joy Edeon
Elis Spear
Geo. W. Caslicer
Frank F. Heeside
D. of C
F. H. Smith Co
Y. Ave
Bond
N. Ww
Dumare
Coun Hia
Swartzell, Rheem G Hensey Co
Warner Building
New Street Northwest
Washington Loan & Trust Co
Offic Cor Stil
F Sts
Uiont
Exerita
Ter
Mustoe Agent
Vemure
Registrer Av — Fu
Berula
Real Estate Department
Vour
John Jon Edson
Andrew Paren
Harry G
Uoxyd Taylor
Aeebtyet
Torus Thomas Bradley Raltity Utiice
Atwood
Sotten Exchange
Francis Smith
Pradut
Alvin ML Lothrog
R. Guiney Sink
John & Steman
Union la Bond
George J
Fidlett & Co
Coatesteat
Ings Bank
14Th and
N.Y. Ave
Ngton Stock Exchange
N.W
Telepone
Jenkins & CO
Jenifer Bidg
7Th and
D Sts
N. W
Gella Commission Co
Missouri Corporation
American National Bank
National Bank of Commerce
Third National Bank
Aod
Mercantite Agancas
Arthur Wall
Lynn, Wall & Co
Adams Building
Dents
M. J
Chesley & & Spence
Penatrin Floor