Markets Rise Again Amid Uncertain Gains and Large Bank Figures
The stock market shows persistent vigor with gains in Union Pacific, St. Paul, and Illinois Central, while many advances fade on realizations. The day features a bullish Union Pacific interview and a $2.35 million export order, but overall activity remains choppy with limited fresh economic catalysts.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Meitner
Union Pacific
St. Paul Shores
Atlantic Coast Line
Louisvile
Nashville
Brooklyn
General Electric
Northern Pacific
United States Steel Common
Ths
Union Pacific Railroad Company
Market Speculation Buoyed by Union Pacific Hope
Brokers report Union Pacific under heavy speculation amid praise for Hariman statements while cautious insiders warn the rise may reflect speculative funds rather than solid banking support. Traders note demand from convertible bond holders and insiders aiming to leverage future price moves, with attention on crossing 154 for bond conversions.
MENTIONED IN THIS ARTICLE
Hen
Harriman Party
Harriman
Jjames R. Keene
Ors
Union Pacific
Gould financing stirs stocks as traders weigh Gould roads
The Gould financing prompts notable activity in stocks tied to Gould roads with cautious gains. Experts note much financing will be costly and equities unlikely to rise soon, while two prominent operators suffer losses from the recent market shift and a civil court may reveal details.
MENTIONED IN THIS ARTICLE
Gould Roads
Lke
New York Wheat and Grain Market Report May 16 18
Market report from New York showing wheat receipts 123 300 exports 185 289 spot prices No 2 red 1 05 nominal elevator No 2 red 1 03 nominal f o b futures May 1 05 1 07 July 93 16 September 93 to 2 0 0. Corn receipts 93 925 spot No 2 76 elevator 44 f o b afloat. Oats receipts 120 000 exports 1273 spot quiet mixed. Rye dull No 2 Western 1 f o b. May 18 new market lower for wheat due to increased receipts and expected movement. July wheat down percent, corn up, oats mixed, provisions down to up.
MENTIONED IN THIS ARTICLE
New York
Duluth
Atestly
Chicago
Ats
Kanrex
Minneapolis
Kansas City
Liverpool
Lot Am Cotton OM
St. PL & Wheat
Soan
Catton
Missouri Pacific- Thy
Missouri
Kansas
Texas
Aloy Gok
Ava
Iho Securities Kansa
Lovai Tecelpta
Tex
National H.R
New York Central
Braska
Norfolk and Western
iNorfolk
Western
Tavusea
Eerth
Sara Gee
Anaconda Mining
Pennsylvania
Ohio
Pittsburg
St. He
Carey
Baltimore
Ohtopia
Brooidyn Rapid Teacsit
Central of
New Jerse
Tao
Republic
Chiao
Eoh i
touRock Ieland Co
Northwasters
Rock Inland Co
Chivan
Mit
Auit
St. Paul
San F
Chicago Turmainel
Trang
St. Louis
Chigaga
Batstate Babi
T. Ld
St Louis
Pia
Rye
St Laure
Colorado
Southern
Soo Southern Railway
Southern Railway
Pacife
Toledo
Bt. Louis
Weat
St. Lenau W. Ales
Uehuw
Studeon
Undan Pacific
Haart
Delaware Lacie
West Fine
Cinion Pacifie
Suv
Mh Grande
United States
Taig
Denver and
Rio Grande
Baker
United States Realty
Say
Distillers Securities
Sei
Aid
iNew
United States Rubber
United States Steel
Uimaia Central
Bae
Western Union
Lake Erie
Ad L.wog
Pla
Lowe Central
Wisconsin Central
iWikconcin Central
Ity Southern
W. B Hibue
New York Bond Market Report Mixed Across Issues
The New York market shows varied closes across bonds and rails with notable activity in American Tobacco American Sugar and Union Pacific issues. Prices trace movements mid May with several 4s and 5s trading near recent highs as investors weigh inflation and corporate finance signals.
Washington Stock Exchange Quotations and Listings
Quotations from the Washington Stock Exchange show varied bids and asks across rail, traction, mining, and banking shares. Notable entries include Washington Railway and Electric, Capital Traction, Mergenthaler Linotype, Lanston Monotype, American National Bank, Union Savings Bank, Capitol Traction, and Washington Gas, with multiple small lots and par values listed. The page also records closing quotations from the previous day and a miscellaneous section of bonds and utility stocks.
MENTIONED IN THIS ARTICLE
Furz Thomas L. Hume & Co
Tington Stock Exchange
Northwest
M. Washington Railway and Electric
Cepital Traction
Washington Railway and Electric Pre
Gat
Mergenthaler Linotype
Lantion Monotype
Mitchell Mining
American National Beak
Unted States Trust
Union Savings Bank
Alter call—Nilthhall Mining
American National Bank
Washington Railway and
Washington Loen and Trust
Capitol “Traction
Yeterday
Stock Exchange
OAS
Washington Gas
Washington Gascert
Capital Traction
Anacostia
Potomac
Ciey Ang Guburkan
Columbia
Ios
Washington Rail
Alex
Mt Vernon
Potomac Electric Light
Norfolk and Waehington
Washington Hellyway
Washington Hallway
Electria
Nortalk
Washington Steamboat
Georgetown Gas
Et Bell Telephone of Pennsylvania
Mergenthsier Linotypes
Lanston Monotype
Groome-Cangoen
Mitchell ii x
Ls National Bank
Fee Ta Caprabe
Calemble
Commercialite Farmera and Mechantest
San Lincoln
Metropolitan
Rlega
My Trust Company
American Security and Trust
National Bare
Fae
New York Banks Report Reserve Surplus for Week
The New York clearing house banks show a reserve surplus of 723 775 as the 26 percent requirement stands. Clearers and not member banks in Greater New York record sizable loan and deposit growth due to syndicate actions and stock activity. The overall state wide reserve levels edge higher with mixed results across bank types.
MENTIONED IN THIS ARTICLE
New York
Deasinghouse
Inc
U. S
Febsesbo Se Se
Finsnctar
Associated Banks
New York City
Cpecie
Tegsd
Treasury
New York Stock Exchange
Joong
New York Clearinghouse
Greater New York
New York Clearing House
Hetr
Stock Exchange
Oase
Washington Market Prices and Supplies Mixed
Quotations show wholesale prices across commodities with mixed stability. Fresh meats, poultry, dairy, and vegetables list varied figures for items such as hams, turkeys, chickens, potatoes, beets, and cabbage, while fruits and overall market activity appear slow or steady in spots.
MENTIONED IN THIS ARTICLE
EGCS
Mear Py
Virginia
West Virginia
Southwest Virginia
North Caroling
Las of
Careme
Tal Wen
York Imperials
Granges Florida
California
Metal Market report shows little change in metal prices
New York May 13 report notes sapper remains steadier with quotes around 12.62 to 12.76 for certain items. Lead remains quiet with activity minor and prices around 67. The market shows small fluctuations and steady quoted ranges across listed metals.
MENTIONED IN THIS ARTICLE
New York
Lake
Samgerh
Washington market buoyed by banking gains and rail bonds
The Washington market shows continued buoyancy with banks strengthening led by National City control shifting to Union Savings Bank and expectation of Washington Exchange Bank liquidation. Traders anticipate higher prices as large interests dominate trading while Capital Traction and Mergenthaler gain, and trackage bill funding moves via additional first mortgage bonds.
MENTIONED IN THIS ARTICLE
Washington
Pytion
Ioana
Congress
Capstak Traction
Union Station
Bank and Trust Company
National City
Union Savings Bank
City Bank
Washington ‘Railway and
Anacostia and Potomac River Railroad Company
Also Mentioned on This Page
Reading
Banka
Pacific
Union Pactic
Specu
Seth
Preette
Renel
Luca
Ratitead
Tess Wellegu
Uskimaine
Pete Way
Etee
THE
United States Treasury
Ph Nutta
Wystington
Union
Union Pacific Party
Sant Eubant
Union Fabiie
Han—Biesay
Paciti Coast
Bogota
Central America
India
Continent
South America
Law
Philadelphia
Haltimore
New Orleans
Rio
Gordove
NEW York Stock Market
Boston
Albany
Maine
Fitesburg
American Tobacco & American Tatasea
Atchison Adjustment Parlantic Voast
New Haven
Hartford
Bierocklyn Royd Transit
Central
Union Pacific Stete
Georgia
Amartean Arge
Chemical
Gecre
American Arge
Atertean Sugar
Age
H. i
Pacific Hallroad
Amtertean Sugar
Axo, Roh and
Parlin Railroad
Col
American Telephone and Telegraph
Caml &T. Couls General
American Woolen Pelorage
Pigotte and Band
Daiminion Iron and Stegsha
Alan
Consolidated Gald
Bingham
Menneapody
Atestee Missouri
Texaa
Ta Fe
St. Louis Southwestern Consolidated
Semboard Air Line
Southern Profile
Southern Parifle
Southern Railway Be
U.S
Paville
St. Laura
Wentera
Union ‘Pacoe
Union Pavnteranvariinie
Wabesh
Maryland
Wheeling and
Lake E
Wid
OM City
Pan
Averkes
North Lita
Advace
Porta
New Orlang
Houston
St Sk
Lonan
Minety
Rime Mercantile Paper
Sterling Exchange
Brock
Galveston
Saveanah
Charleston
Wilmington
Roston— Pater
Wean Philadel
Houws To Verdy
Augusta- Birt
Memphis
Great Brittain
France
Stock
Great Britain
Japan
Mexico
Washington Stock Exchange
Washington Cattle Market
Metal- Market
National
Riges National
Laneton Monotype
Mergenthaler
Washington Railway and Electric 45
Columbia Ha
Chesapeake and Potomac
Telephone Ba
Potomac Electric Consolidated
Equincy Smith
Alvin H. Lothrop
Edward 3 Munford
John £. Gleman, Jr
Tackson H. Ralston
D. Fulton Harris
George H. Harries
William
King
Lee BD. Latimer
Alvin M. Lothrop
Endwee
Noyes
Jackson H. RaLston
John B. Bleman, Sr
Quincy Smith
Waters
Ow Ote
7Th and
H Sts. N
7Th
the Outlook
Wall Street
Wall 37. Information Bureau
N. Y. Herald
N. Y
Herald
U. BP
PAC
Eli
Fred Upwitt
Charles Baring
New Street
A.G. Plant&Co. Bankers and Brokers
14Th St
Wade & Hedges
Hi. Clarke
G St
Ouray Bidg
Thomas L. Hume & Co
F Street
W. Tel
Allan E. Walker
Washington Stock
Leess Securities
St. N.W
Aralmirare, Heibeell & McLerak
Ebre EL. Pbb
America
National City of
Carnegie Sterl Company
Standard O1l Company
American Express Company
Bank OF France
PARID
COLGATE @ CO
National Electric Lamp Company
Cleveland
Board OF Supervising Engineers
Cithzene Central National Bank
Pike Adding Machine CO
Orange, N. J
Munsey
Ralph W. Lee
St Street
N. W
Jean
A. Brown
Bee
Allen CG
Clark Real. Estate
F. Street
Exchange
Collectioha
Riggs Bank Pa
Ave
U.S Treasury