Markets Mercurial as Gold Supply Signals Shift in Stocks
New York May 2 A Washington Post dispatch notes stock market swings last week with fierce buying and selling, a nervous speculative mood, and divergent forces. The piece argues recent gold production boosts money supply, lowering stock valuations and prompting investor shifts toward securities, with idle money in banks ready to move into rails and other equities if crops avert disaster.
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Washington Post
New York
Congress
Wall Street
Neeless
Indicationa
Wall Street Holds Steady Amid Steel Stock Speculation
The piece argues against a looming steel market collapse, noting strong orders and capacity use at United States Steel. It cites Wall Street bear sentiment but contends the industry will not deteriorate soon, with investors shifting away from dramatic doom. It discusses tariff views, Northern Pacific and Amalgamated Copper activity, and New York banking figures.
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Wall Street
United States
United States Steel Corporation
Ion Contin
Walsiect
Congress
Panama
New York Money Market Report May 20
New York money on call nominal with quotes for time loans and bankers’ bills, sterling exchange firm and government bonds steady. Commercial paper rates shown. railroad bonds soft. Swift & Co reports a Washington beef market week ending May 20 at about 0.0777 dollars per pound.
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New York
Joana
Joans
Saez
Ganggoh
Washington Terminal Company
Baltimore and Ohio Railroad Company
Philadelphia, Baltimore and Washington Railroad Company
Baltimore and Ohio
Philadelphia, Baltimore and Washington
District of Columbia
Congress of the
United States
Washington
Capitol
Congress
I T
Timore and Onlo Railroad Company
United States of America
New York Stock Exchange
John G. Johnson
Market Dullness Predicted as Brokers See Limited Speculation
Majority opinion among brokers foresees extended market dullness with emphasis on trading in select specialties. Washington Railway 4s rise on near June 1 interest, Bank of Washington activity recalls months of gains. News covers consolidation talks, self-to-self trading, savings banks on Capitol Hill, and leadership changes at East Washington Savings Bank.
MENTIONED IN THIS ARTICLE
Washington Railway
Bank of Washington
Savings Bank
Capitol Hill
Devouits
Union
People’s Banks
Merchants
Mechanica
Washington Stock Exchange
East Washington Savings Bank
John BE. Herrell
Thomas W. Smith
M. J. Weller
East End
Thia Company
Hoxen
Real Hatate
Dotalia
John Joy Edson
John A. Swope
Elvis Spear
Andrew Parker
Harry G. Meer
Boyd Taylor
Thomas Bradley
Becond
Cotton and market notes from New York May 20
New York reports mixed cotton market activity with varied prices and regional bids. News includes overseas stock totals, port balances, and butter prices with steady to soft trends across assessed ports and manufacturers.
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