Fifty Stocks Reach New Peak Prices in Year
The stock market rose for a fourth straight week with heavy profit-taking amid an active rail sector. Fifty stocks, including fifteen minor railroads, hit new yearly highs as St Paul issues led gains on anticipated refinancing. Rock Island and other rails rose, while industrials lagged, and oil shares rebounded on higher gasoline prices.
MENTIONED IN THIS ARTICLE
New York
St. Paul
St.Paulo
Seaboard Air Line
Western ‘Pacific
Pittsburg
West Virginia
Chicago & Great Western
Rock Island
Southern Pacific
Bond Prices Resume Advance Amid French Loan Demand
New York reports bond prices rebounding as over subscription of the 100 million French loan lifts yields and prompts gains across European issues. French city bonds, German 7s, Belgian 61-25 and Serbian 4s rise. St Paul and New Haven railroads show continued strength. Convertible bonds of Wilson, New Haven, Seaboard, and Denver and Rio Grande Western rise, but some convertibles dip after news of interest default on Wilson issues. Cotton cultivation progress noted in Australia with a large area suited to cotton growing compared to the United States.
MENTIONED IN THIS ARTICLE
New York
St. Paul
New Haven
Stock Exchange
Seaboard
Denver
Rio Grande
Hnes
Wilson and Company
Market News: Curb Stocks Rise on Busy Trading Day
New York reports higher curb market activity with large volume. Oils gain on gasoline and fuel oil price signals. Standard Oil of Ohio up 10, Nebraska up 4, Prairie Oil and Gas down 2. National Tea leads industrials with 10 points to 250. Goodyear climbs near 3 to 221-8 amid refinancing news. Thermoidyne peaks at 13-12, Hazeltine up 1. Utilities rise, American Gas and Electric up nearly 5 to 106 5-8. French government bonds trade at premium early, later at 34 premium.
MENTIONED IN THIS ARTICLE
New York
New England
Atlantic Seaboard
Standard Oil
Ohio
Nebraska
Prairie Oil and Gas
National Tea
Goodyear Tire and Rubber
Thermiodyne
Hazeltine
American Gas
Plectric
Wall Street Briefs Company Reports Mixed Year Results
The company reports net earnings of 2.58 million for the year ending October 31, with per share of 9.73, down from 3.21 million and 12.79 per share year earlier. Gross earnings reach 37.93 million, while assets grow and cash rises to 9.9 million. current assets expand and working capital improves.
MENTIONED IN THIS ARTICLE
Company
Inc
American Water Works
Hlec
US Wealth Compared With Other Nations shows varied per capita wealth
The United States total wealth is estimated around 350 billion dollars with a per capita wealth near 3,132 and a net per person of 2,5 after a 197 debt. Great Britain France and Italy show mixed national wealth and per capita debt. government liability ratios vary, indicating differing financial positions. Coffee futures and exchange rates also shift amid market and international cues.
MENTIONED IN THIS ARTICLE
United States
England
France
Great Britain
National Wealth Trust
Sieper Radio
Ing
Denver
North American Company reports big growth in consolidated balance sheet
The North American company shows a strong year ending September 30 1924 with assets rising by 61 038 749 driven by increased property and plant revenue assets and cash holdings while liabilities grew modestly as new stock and bonds funded the expansion. Reserves and surplus climbed to 64 187 801 reflecting extensive reinvestment in properties and improvements.
MENTIONED IN THIS ARTICLE
North American Company
North American
North America
United States
Markets at a Glance New York Stock and Bond Summary
Markets at a Glance reports irregular New York stocks with two Score issues at new highs, bonds higher led by St Paul issues, and French bonds active. Foreign exchanges ease as sterling falls on Egyptian crisis. Commodities show Cotton advancing on trade buying Sugar firm in spot, Coffee weak with Brazilian markets down. Chicago wheat firm with decreased visible supply Corn steady then rallied with wheat, cattle rise while hogs fall amid liberal arrivals.
MENTIONED IN THIS ARTICLE
Broadway
New York City
St. & Madison Ava
New York
NEW Orleans Stock Exchange
NEW York Stock Exchange
N.Y
Sugar Exchange
Chicago Board OF Trade
York
St. Paul
Chicago
Debenture Notes Redeemable at Par and Convertible
John Weeks of the Maracaibo Dil i tion announces debenture notes will be redeemed at par on February 1. They may be converted into capital stock at one share per $10 par value, with notice due by January 26. The market shows all stock averages at record highs, though industrials and railroads lag their earlier peaks.
MENTIONED IN THIS ARTICLE
John Weeks
Maracaibo
French loan oversubscribed as books close abroad
New York November 24 substantial oversubscription of the 100 million French loan led by J D Morgan Co was announced when the books closed 45 minutes after the opening. The issue was admitted to trading on the New York Stock Exchange with bonds at a premium above the 94 offering price. Initial sale included a 5 000 block. Allotments will be announced within a day or two as heavy order flow suggests material reductions from requested allocations.
MENTIONED IN THIS ARTICLE
New York
J. D. Morgan & Co
New York Stock Exchange
Morgan
Final opening plans for Chicago cotton market
Plans were under way for the Chicago Board of Trade to open a new cotton market on Monday. Frank L. Carey, board president, to trade at the opening. visitors from other cities expected. Rules mirror New York and New Orleans exchanges with point of delivery in the Houston Galveston basin. Contract unit 100 bales about 50,000 pounds, prices in cents per pound.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Frank L. Carey
Board of Trade
Hag
New York
New Orleans
Houston-Galveston
Texas
P. Arnold
New Exchange
United States Cotton Futures
Provisions Notice From Chicago Markets
November 4 update shows bellies priced at 13.25 dollars per hundredweight and a card listing 24.49 dollars. The brief item records Chicago market levels and related commodity figures.
MENTIONED IN THIS ARTICLE
Chicago
Atlanta Marietta Road Link Opened to Public
John N Holder chairman of the state highway board announced the hard surfaced round between Atlanta and Marietta is completed and open to the public. The final link between Atlanta and Smyrna was finished by Sam Be Finley Construction Co and approved by state highway engineers. Official acceptance by the state is set for Thursday with ceremonies planned.
MENTIONED IN THIS ARTICLE
John N. Holder
State’ Highway Board
Atlanta
Marietta
Smyrna
Sam BE. Finley
State Highway Department
December notices feature in cotton market analysis
New York November 24 The December notices estimated at about 175000 bales highlighted the cotton market today. Early liquidation gave way to trade buying and reports that notices were being stopped. Prices held steady with December up and spot cotton steady in New York at 24.50 cents.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Ramora
Post & Flagg
Notieca
New Orleans
Market swings and dividends lift stocks in New York
The New York market showed varied moves with North American and Union Bee and Paper advancing to yearly highs on dividend hikes and strong demand. Oils and copper rallied while several issues fell. profits-taking followed on freight-rate talks and weaker rail activity, with trading calming into the afternoon.
Wheat Market Scores Upticks in Chicago Trading
Chicago November 24. Wheat prices rose with May and July lifting above prior highs as United States visible supply fell for the first time in four months. December and May contracts closed higher while corn and oats varied, with export business strong and overseas factors supporting gains despite profit-taking. Cotton and related markets in New Orleans showed notable tender activity and steady spot prices.
MENTIONED IN THIS ARTICLE
Chicago
United States
Liverpool
Argentina
Australia
Kent
Fenner & Beane
New Orleans
Enae
New York
Fenner & Beave
Argentine
Cotton Market Sees Strong Overseas and Domestic Demand
New Orleans reports mixed cotton prices with middling around 24 cents and robust receipts exports totaling over four million bales for the season. London and New York show steady to firm futures as demand from mills and exporters supports prices amid higher crude oil and textile news.
MENTIONED IN THIS ARTICLE
New Orleans
Aalea
Stork
Alyehinn
Ge Porte
Enies
Savnonph
Charleston
Wilmington
Norfolk
Baltimore
New York
Boston
Houston
Neceints
Treccipte
Porn Toda
Recelpta
Porta
Memphis
St. Touls
Antes
Quiet Wall Street Amid Mixed Trading On News
The Day in Finance reports a subdued stock market with investors already retreating after last week’s heavy profit taking. Low priced rails like Rock Island and St Paul steadied the declines while oil shares rose on higher gasoline and lubricants prices. North American directors boosted the dividend to 3.40 a share annually. French government bonds sold out, offering high income and drawing market chatter of long term U.S. issues. Southern Pacific and Rock Island earnings and policy notes follow, with caution urged for new purchases amid cross currents.
MENTIONED IN THIS ARTICLE
New York
Thurouay
Dan
Rock Island
St. Paul
Wall Street
Financial
Mellon
United States
Suthern Pacific
Broadway Stock Exchange
Hayden
Flo
Southern Pacific
Consolidated Textile debentures offered to stockholders
The Consolidated Textile Company proposes a stockholder record date November 29 and options for new 5 year 6 percent debentures at 500 dollars per issue for 1,200 shares. Invincible Oil reports September month end after depreciation and depletion. New York market notes show call money ease with varied rates and global exchange quotations across major currencies and commodities.
MENTIONED IN THIS ARTICLE
Consolidated Sextile Company
Consolidated Textile Company
Invincible
U S Grain Exports Show Increase
Washington November 24 Grain exports from the United States last week totaled 9,027,000 bushels up from 8,352,000. Wheat led with 7,544,000 bushels vs 6,100,000, rye 353,000 vs 488,000, corn 138,000 vs 411,000, barley 907,000 vs 1,106,000. Canada grains exported from U S ports were 2,024,000 bushels up from 838,000.
MENTIONED IN THIS ARTICLE
Washington
United States
Commerce Department
Naval Stores. Savannah November 24
Tarpe Hine Flem reports 7840 receipts 281 shipments and stock 12156. Shipments 3d. Firin aglen 38 Quete B to kK.
MENTIONED IN THIS ARTICLE
Savannah
Tarpe
Hine
Flem
Also Mentioned on This Page
Standard
United States Steel Common
American
Baldwin
Allis-Chalmera
Tobacco
United Cigar
Marine
Toe Goodyear
United States Realty
Common
American Sumatra Tobacco
National Cloak and Salt
United Drog
Universal Pipe
Jevival
Ierest
Atlantic
Tates
The
French Republic
S. F
King-Blackburn Company
Odd Lot
Eblin & CO
Odd Lot Cotton Exchange of
N. S
Broad ST
Orvis Brothers
Wall Street Briefs
Standard Oil Company of
New Jersey
New York Harbor
Baltimore & Norfolk
Seles
Eactron Aa
Kpot
Rin
Santos
Ceat
London
Rio
Paul Willard Garrett
North ‘American’ Company
New Cotton Mart
Bora
Tn- Freaked
Atlanta-Marietta Road
Ebange
Prev
pentHigh
Low Close
Glose
Fesner & Beane
Directora
Union Bee and Paper
Consolidated Texte
CEN
Frisco
Sugar
Livingston & Uv
Mock Island
Werather
Thia
Dalat
Jonuing Rt
Maren
Nale
Calcutta
LIVINGSTON @& co
Oavis Bros, & Co
Tevela
Savan
E Liza Que Yale LananBi
Newark
Ups
Larry
Harley
Ellis & Co
Louls
Gorm
Leng Aig
R. L. Barnum
Money Market
Sime Lana
Prima Commercial Paper
Yorelen Exchange
Italy
Belgium
Germany
Bolland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czechoslovakia
Austria
Rumania
Montreal
U.S
Naval Stores
Investment
UK Monthly
Dunham Toelie
Exchange Place
Old Ben Coal Corporation
National City Company
North Broad St
Walnut