Brisk Rise in Stages and Coal Shares Rally
The market opened nervy but gained strength led by Union Pacific and Southern Pacific. Reading, Delaware, Lackawanna and Western and Hudson coal stocks advanced, with Readies improving but giving back part of the gain. Grain futures rose on a rosy crop outlook while rail and finance sectors showed mixed signals amid policy and banking expectations.
MENTIONED IN THIS ARTICLE
Washington
New York
Union 7 Pacific
Southern Pacific
Readise
Delaware
Lackawanna and Western
Korosiaware
Hudsoon
Reading
Delaware and Lackawanny
Cntr
Atier Rath
Eliares
Union Pacific
Brooklin
Tear
Public Service Commission
United States Steel Fund
Ba Fae
Eric
intoLackawanna
Phdndseia
Wall Street Traders Rally Behind Readings Bull Move
Traders push Union Pacific and Southern Pacific to new figures as Reading shares surge. Market chatter centers on a large European stake, a potential cord issue, and a pending amendment to the Hepburn act. Brokers note heavy trading, with Reading leading volume and a suspected short squeeze amid broader rail stock gains.
MENTIONED IN THIS ARTICLE
Galen Pacific
Reading
Union Pacific
Bt.Paul
Jstovks
Nice
Lackawanna
Market on the local stock rails as bonds rise and bank shares lead
Yesterday's market activity showed rail and electric issues gaining interest with 6 per cent certificates bid at 104 1 2 and Washington Railway and Electric favored at 82 1 8 on about 300 shares. Mergenthaler solid at 195 1 2 while Lanston offered as sixty day option. Greene Cananea and Mitchell Mining traded, and Lincoln National and Commercial National rose. United States Trust hovered around 39 1 2 to 39 1 6 as brokers showed varied interest.
MENTIONED IN THIS ARTICLE
Washington Gaa Light Company
Washington Railway and Electric Preferred
Mergenthaler
Lanston
Greene-Cananea
Mitchell Mining
Lincoln National
Commercial National
United States Trust
Eler
Malex
Washington
BEY
al ‘Traedon
BO AL Bayabo
Wash. Alex
Mt. Vernon
Patamas Electric Light
Steamtgar
Telea
Washington Market
Clontz
Aingtont
American Car and Foundry
la Bite
Washington Ry
Eles
Car and Foundry
Ptd
Minneapolis
S Laine
Norfolk
Was
Steamboat
Amer
Sui
SL Z
Sault Ste. M
Washington Gan
Wottan
Kensas
Texas
ADR
Lunston Monntypeau Bewan
Mradatreet'a
Mexico
Banc
New York
Crrtratte
Corre
SuAmerican
Ontala
Ae Wationat
Minneapalia
Ouluth
Jane Ny Amarican
Chicago
Arfolle
Western
Norfolk and Western
Shorts
Conda Mining Co
Parry Commercial
Atehison
Lincoln
St. le
Aries
Baltimore
Onia
Tle
Ekarte
Ohio
Brooklyn
Fairmen Ealace
Trust Company
Searon
Renaninn Pacific
ALLS
American and Trust
Sul Central Uf Ewerses
Unon
Trust
Central
Republic
United States
Traal
Chugu Great Western
Istana
iChicago
Northwestern
Rock Esland
Ham
Sen F. Zd
Ahanfos’ Savings
iChicago Ter
Taos
Washington Exchange
Jengo Ter
Trans
T Loi
Louie
Union Savings
St. Louis
Southwestern Ptd
Stouka
Shefferd
Lorade
Furl and Tren
Arimeten
Volo
Southern
Foren
Metropedian & Lack
West
AMI
National Union
Delaware
Union Pacific Pta Ae
Denver
Iin Granda
Poltomu
Rio Grande
Winktedates Realty
Snatu
Columbia
United State Steel
Agra
Carolina
San
Westinghence Elsett
interarangh-Metropolitan
Caton
Iowa Central
Lake Erie
Tewa Central
Pla
Kansas City
W. B. Hibbs & Co
Hibbs Building
New Yor Tock Exchange
Chicago Board of Trade
Washington Stock Exchange
Atlantic
Wiaitimore
Musmanth
Central of Georgia
Central of
Georgia
Tocome
Rational Bank Beles
Gentral
Gowrgland
Hicome
Gouveia
GiAcaga
GiAcaga and A:lon Stas
Chicago, Burlington’ and Faincy
Mitela
R. 1
Pacifie Railroad
R. I. and
Pacife
St. Louia
Ballion
Midland
Él Colorado Treasury
National Bank
Cumara
Ritver
Distillers” Securitien
Oe Tity Minor Corp
Kitfe
Nacenel
Hocking Valley
Leeborough
Philloning Trageurs
Japan
Manhattan Congo
Miascapella
St. Louie
Missouri
Kansas
New York Central
New Jersey
Oregon
St. Tania
Iron Mountain
Su Tauls
Sag Franciacu
Texas and Pacifc
Toledo
Kcinton Pacific
Union Pacific
United States Steel
Brads
Wabash Leta
Maryland
Wheeling and Lake
Wisconsin
Pet
Boston
Philadelphia
Fulsburs
San Francisco
New Orleans
Cleveland
Detroit
Loutavista
Los Angel Omaha
Washington, D. Gy
Norfock
Wimington
Wheeling
Wiley
Sterling Exchange Fem
Houston
Galveston
Asmoeo
New York Stock Market Opens Higher on July Trading
The market opened strong and then advanced with gains to around 684 as buyers drove prices up. Local receipts stood at 39, with contract trade noted.
MENTIONED IN THIS ARTICLE
Glonen
Shorts
Berause
Uberat
Lve Howe
Ater
A. A
Daly
Bazi S
Tim Tate Tazy Lars
Nee Ey
New York Bond Market and Commodities Report
Treasury market quotes show wholesale rates steady with near term supply. farm goods prices fluctuate with butter demand, large butter demand and quality hold. Poultry prices move modestly with hens steady ducks and geese quiet. dressed poultry and meats mix with calves and hams varying. vegetables and fruits show dull to slow trading with several items priced per barrel or per box.
MENTIONED IN THIS ARTICLE
Ly Virginia
West Virginia
Southwest Virginia
Arotina
Telkit
Ucks
Gees
Kings
Gilla
T. Sweets
Spva
York Imperiale
Florida
California
New York Cotton Shows Volatile Decline Amid Nervous Trading
In New York on May 8 the cotton market swung sharply with a net decline around 16 to 21 points despite intraday rallies. Sales totaled about 375,000 bales as July and October futures posted mixed moves before a late session drop and heavy offerings. Weather in the South and easier cables influenced early losses, while Bulls later supported prices briefly before the market slipped again.
MENTIONED IN THIS ARTICLE
New York
Arrivamonths
Wall Street
Walt Aienel
New Orleans
Daily Cotton Market and Commodity Prices
New York reports mixed commodity activity with cotton, cattle, hogs, and sheep prices. Market notes show declines in London tin and copper as quotes drift lower, while U S and European markets display weak to steady tones with various spot and futures figures.
MENTIONED IN THIS ARTICLE
New York
Maya
Wimington
London
Ganton
Patienophla BT
Brunswick
Mar- Caius Ac Kot
Ws Hs
Lauteville
Little Hork
Glu
Trenain
Rtock
Erides
Great Britain
Tote Aince
Nat
France
Torthers
Wheat and corn surge after government crop report
Wheat futures rose sharply as the government crop report indicated a weakening fall sown wheat condition, with May and July contracts advancing amid strong export demand. Corn followed with gains as buyers returned. oats held firm while rye and other grains showed little change in a volatile trading day.
Winter Wheat Crop 6000 Falls 4.2 Percent in Sown Area
Agriculture Department May crop summary shows winter wheat on May 1 at 28,761,000 acres, down 4.2 percent from last fall and 5.8 percent from last year’s harvest. Average condition 89 percent of normal. meadow hay 92.4 percent. pastures 26 percent. States list abandonment, area remaining, and conditions for major winter wheat regions with U.S. total 9,751,000 acres at 89.0 percent.
MENTIONED IN THIS ARTICLE
Aicai
Tien Paste
Coun Ari
Teyer
Agaist
Siea
Bates
Ulraad
Beera Tamarr
Cope
Wall Street
Sauethiy
Mney
Department of Agriculture
Indiana
Pennsylvania
California
Michigan
Kentucky
Maryland
Virgin
North Carolina
Washington
New York
Oregon
Virginia
United States
Trust Company Assigns and Depositors to Be Fully Paid
The Fuelid Avenue Trust Company assigned to the Cleveland Trust Company. No liabilities or assets were stated. capital was 720,000. President J. F. Madigan, county treasurer, said deposits range from 1.2 to 1.306 million and that every depositor would be paid in full as soon as loans are realized. He blamed the failure on collection problems and said no other city bank was involved.
MENTIONED IN THIS ARTICLE
Cleveland Institution
Cleveland
Ohia
Fuelid Avenue Trust Company
Cleveland Trust Company
J. F. Madigan
Madigan
World cotton supply shows declines in visible stock
New Orleans reports Secretary's statement on world visible cotton supply at 3,727,708 bales, down from last week and the year. American cotton totals 2,595,742. other kinds 1,191,876. Supplies afloat or held in Europe and Asia show variances, with regional totals listed for Britain, Europe, Egypt, Brazil, India, and other areas. Additional data from Toledo and other reports appear.
MENTIONED IN THIS ARTICLE
New Orleans
Egypt
Brazil
India
Great Britain
Europe
United Bieler
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Afta Ecie
Merchants
Floridge E. Jordan
Michael McCormick
Tullus I. Peyser
I. Fendall Cain
H. Owen Thompson
Seventh Street
Willam
Worthington
Irving Owing
Mechanics Savings Bank
U.S. Treasury Department
Penna. Ave
10Th St
Cor. 7Th
G Sts
Stoges
Union and Southern Pacific
Jhard Coal Road
Delaware and
Lackawana
Cure Market
Loxton and
Sloane
Jinstan
Maine
Fitchburg
New Haven
Telephone and
Telegraph
Atte Deminior
Irn
Stel S
Levdele Tiuminatheg
Yng
General Electric
Machusetts Electric
Massachusetts
Gesom
United Shoe Machine
Pea
Atlantic Fia
Bingham
Shannon
Tech
Utah
North Bu Bay
May
Alta-Chalme
American Steal Foundry
American Sigel Foundry
Adams Express
American ‘Tobacco
Boston Copper
Cumberland Ely Goldfield
Greene-Canane
Manhattan
Baedal
Wisminsting Post -New
York
Union
Pacific
Southern Pacifc
Nica
Lake Shore
Httle
SS Paul
Yeaterday
Henge
Railay
NEW York Stock Market
Washington Produce Market
THE
United States Treasury
Washington Cattle Market
Metal Market
Annly Teld
Sornmieal
HOPE
Femitz
NEW York Grain
Mey &—Rve
Duluth
B. Affeal
Detlon
MGI
Chicago Grain
Chicago, May
Witeat
Lore Exchange
Ste
Orca
Livernasl
Agriculture Department
Breves
Liverpool
May’ S
Shean
Feeripta
Oreamer J Ko
Walker
Botton Commertal
Lake
Aleo
Prspha
City
Lima
Igms
Gov't Supervision
United States Trust Company
H. Bradley Davidson
14Th Street
N. W
Washington Railway & Electric Co
New York Stock Exchange
Washington Stock Jeechange
National Savings & Trust Company Cor
New York Ave
Ralph W. Lee
G Street
St. Johnsbury
John Wilson
Miss Lee
Ayer
Ted
Home Savings Bank
Mass. Ave
7Th & Hsts
N.E
7Th St
Treasury
District of Columbia
Ur Swartzell
Rheem G Hensey Co
Isth Street
Arthur Cowsill
AML Cojereda Hildy
Marina Marcwrhs
National Ring SS Bank
Arafts
Tamers
Honsia
CIAL
U. S Treasury
S.ti. Clarke
Consolidated Stock Excluiaer of
Mew
Fhone M
G St
Ouray Bidg
Thomas L. Hume & Co
St. N. W
Moambera
Walter A. Brown
D. C. Real Estate
Heiskell & McLeran