High Priced Industrials and Rails Rally in New York Markets
A buoyant early session lifted high priced industrials and rails amid merger and dividend rumors. American Locomotive and Mack Trucks led gains as rail stocks hit multi year highs. New Haven and several Wabash peers reached new peaks while General Motors capped the day with an extra dividend signal.
MENTIONED IN THIS ARTICLE
New York
Aus
Commission
Active Rails
New Haven
Ontario
Weston
New York Central
General Motors Corporation
White
Mack
Pierece Arrow
Willy- Overland Common
Studebaker
Jordan
Kard and Hudson
Atlantic Refining
Pacific
Ontario and Western
Frisco
Wheeling
Lake Erie
Western Pacific
Norfolk and Western
Chesapeake and Ohio
Great Northern
Dupont
General Motors
General Electric
Westinghouse Air Brake
Weston Electrical Instrument
American Smelling
Stocks Bonds and Coal Property in Virginia Adverts
A fragmented listing of coal companies and finance firms in Bluefield and nearby Virginia, including First National Bank Building references and several coal concerns. Figures show discounts or amounts like 160.00, 195.00, and 61.06 as part of the listings.
MENTIONED IN THIS ARTICLE
C. B. Haycock Bluefiee
First National Ban Building
Call Money Firmer in New York Markets
Call money moved higher in New York trading with a high of 4 and a low of 4 as the ruling rate, reflecting easier conditions for borrowing.
MENTIONED IN THIS ARTICLE
New York
Motives of The Federal Reserve
The preamble to the Act states the Fed was founded to furnish an elastic currency provide rediscounting of commercial paper and supervise banks in the United States for other purposes. It argues that reserve funds care is not solely the responsibility of Federal Reserve Banks contrary to public opinion.
MENTIONED IN THIS ARTICLE
Banki
Unite States
Mixed collateral short term loan rates and terms
The report lists rates and terms for short term financing including rate 4 percent on closing bids and loans. Time loans are described as firm with 60 to 90 day maturities. Prime commercial paper is noted at 4 percent amid a mixed collateral framework.
Bond market edges higher on strong volume and buying
Bond prices rise with heavier trading as government issues gain on institutional buying. Erie converts rise over a point, while Illinois Central 5% and Atchison 4s show strength. some issues slip, including Chesapeake and Ohio 5a and Canadian Pacific 4s. Industrials quiet with Consolidation Coal Maryland 6s advancing early then retreating.
MENTIONED IN THIS ARTICLE
New York
Unitedtates
Erie
Katy
Illinois Central
Atchison General
Worcester
Boston
Chesapeake and Ohio
Kansas City
Southern
Southern Pacific
Canadian Pacific
Maryland
Power company score gaps amid mixed results
The report notes Duquesne Light 6s advancing nearly a point, while Utah Power 5s and Virginia Railway and Power 5s yielded ground. Marine 6s lost a fraction, and public utility firms show mixed movement.
MENTIONED IN THIS ARTICLE
Ing
Marine
Duquesne Lig
Utah Power
Virginia Railway and Power
Government Bonds Prices Update in New York Session
United States government bonds closed with Liberty 3s at 100.23 and various Liberty and Treasury issues posting levels. Liberty first 4s at 101.27 Liberty second 4s 100.30 Liberty third 4s 101.15 Liberty fourth 4s 102.30 Treasury 4s 102.22 and Treasury 4% Ww64 noted.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Treasury
Foreign exchange rates steady in New York
Foreign exchanges held firm in New York with quoted rates across major currencies. Britains demand 4.85, France 4.67, Italy 3.61, Belgium 4.50, Germany 23.80, Japan Tokyo 1%, Shanghai 78 and other currencies listed with varying cents.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho- Slovakia
Jugo-Slavia
Austria
Rumania
Argentina
Brazil
Shanghai
Montreal
Wheat gains lift futures as mills bid strong
Chicago grain traders reported mills buying heavily to lift wheat values on August 13. Future deliveries were in demand in Chicago and Minneapolis while prompt wheat was also sought, though top prices for the day could not be sustained.
MENTIONED IN THIS ARTICLE
Chicago
Minneapolis
Market Report Notes Mixed Grain Turn as Prices Rise
Wheat closed higher with September at 1.65 and December at 1.62 toments, while corn fell and oats held steady to lower. Provisions showed little change to declines amid unsettled trading.
Sugar Market Holds With Minor Shifts In New York Trade
In New York sugar futures show little net change. Dealers moved 24000 Cuban bags for prompt shipment and watched early declines amid renewed sell pressure but then covered and bought, leaving September at 2.49 December 2.65 and May 2.72. Refined sugar prices stayed steady 5.35 to 6.50 with light demand.
MENTIONED IN THIS ARTICLE
New York
Easing Cotton Market Downgrades Print Cloths and Yarns
An easing cotton market prompted lower bids for print cloths and convertibles, mostly declined. Manufacturers bought quietly for late year delivery and some for early next year. Yarns eased with busi ness tendered. Raw silk firmer and silk goods steady for fall. Worsted dress goods slower, but filling-in lots being bought. Men's wear strong in specialty items.
MENTIONED IN THIS ARTICLE
New York
Wool Market Activity Amid Refusals In Boston
Wool trade in Boston shows offers and shopping for cheaper lots with no decisive result. A bid of 1.16 dollars per pound for top class 64-70 Australian wool was rejected, while some of that wool sold higher. A fair amount of thin stock transferred at a modestly improved price from a few days earlier.
MENTIONED IN THIS ARTICLE
Boston
Auto Market Sparks Unsettled Undertone Amid Slow Trade
A half cent decline on all grades and light supplies characterize a sluggish market. Dealers were free sellers as buyers showed little interest. Centralized cars moved easily with minimal business, while inquiry lingered for full 90 point cars. Fresh 92 score trades at 40 cents and centralized 90 score at 41 cents.
Richmond Livestock and Produce Prices August 12 Report
Richmond markets show light demand for heavy cattle and calves with prices near steady. Butter and eggs in Richmond steady to firm while Jersey City and Baltimore reports indicate softer cattle and mixed lamb and hog movements. Virginia cattle and sheep prices vary by weight with bulls and calves steady to higher in some lines.
MENTIONED IN THIS ARTICLE
Richmond
Virginia Vision of Markets
Real estate transfers filed in county court clerk’s office
Real estate transfers recorded include J Blevins to D T Carr lot and section 55 Houser Avenue Princeton for 1000 dollars A J Cox and wife to Steve Minesly et al lots 15 16 section 5 Round House Addition Princeton 1000 dollars R W Honaker to Lelia J Day 232 acres Maple Acres 6500 dollars W E Blevins to D T Carr lots 21 22 section 2 Lilly Highway Addition Princeton 200 dollars L M Tanner to G W Stowers late 16 17 section 59 Bluefield 2800 dollars L J Sculler and wife to E L Ashworth lot 15 section 604 Bluefield 5 dollars EB Faulkner et al to George E Farmer and wife one acre near Glenwood 2000 dollars Walter V Cray and wife to EB W Horton lots 14 15 section 404 Bluefield 3498 90 dollars
MENTIONED IN THIS ARTICLE
J. Blevins
D. T. Carr
Houser Avenue
Princeton
A. J. Cox
Steve Minesly
Roundhouse
R. W. Honaker
Lelia J. Day
Maple Acres
EB. J. Faulkner
George E. Farmer
Glenwood
Walter V. Cray
EB. W. Horton
Bluefield
Wheat and forage prices in Seed Toledo county market notes
In Seed Toledo on August 13 wheat and forage prices are listed with cash and future bids. Wheat No 2 red cash at 1.72 to 1.73, clover cash 17.10 with October and December bids, timothy cash 3.85 asked and futures 4.25 to 4.20, Alsike December 13.75.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Timothy
Butter Market Quiet As Buyers Hold Back
The Chicago butter market showed a lack of buying interest today causing slow trading and a subdued trading pattern. Buyers refrained from firm commitments while prices remained steady with little size moving.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Livestock Receipts and Steer Prices Report
Chicago cattle receipts 11,000 with fed steers trading steady to 25c lower and lower grades 15c to 26c down. Yearlings priced around 14.50 with a high of 15.70. best mature steers at 16.10 and shipping demand noted.
MENTIONED IN THIS ARTICLE
Chicago
Feeder and Hog Prices Shift as Receipts Rise at Market
Hog prices show best heavies steady while light heifers slip to 25 cents lower. Bulls weaken as dealers push up to 26 cents. Hohe receipts 21,000 with uneven prices down 10 to 26 cents from Wednesday. Sheep receipts 13,000 with fat lambs active and native ewes up to 8 dollars, feeders steady and best feeder lambs at 15.50.
MENTIONED IN THIS ARTICLE
Lancaster
Jersey City
Dairy Prices and Odd Quotation From New York Market
Butter unsettled with large receipts. creamers and extras mixed with higher prices. Fresh gathered firsts and hennery whites show varied gains, cheese steady on high tonnage. A stray jailhouse remark appears in the text, mentioning a three week sentence for killing a wife.
MENTIONED IN THIS ARTICLE
New York
Also Mentioned on This Page
American Locomotive
American Smelting and
Indus
Eaee
Sete
Eeeteeene
Racoma Coal Co
Development Co
Rm Valley
War Creek Coal Co
M Coal. Coal Co
Tas Fuel Co
Fascae Coal Land
Rhea A Ash Coal Co
Hetwee Co
Pocahontas Coal and
Virginia
Moses Hyman
Niasme
East Raw
Connect Et Radford
Bristol
Jeeper
Vis
Roanoke
Ww. J. Wey
Bluefield National Bank
The
Federal Reserve
Federal Reserve Banks
Bluefield National
Buvxrris
Ud. W.va
By Akern
Gov’t Bonds
Th’ Barger Shop
Fanny
Fanny Buzz
Baltimore
Recelpte
Mortgage Service & Real
Commercial Bank
C. F. Lyda
J. G. Ridinger
Freckles
Liane
Alek
Willies
Tag
Mrs Wallace
Mose
First National Bank
Bluefield, W. VA
Community Loan Company OF
Bland Street
W. C. Neikirk, Secy-Treas
Isaac T. Mann
A. J. McBride
Air, Lh
Alexandi
James Elwood Jones
H. R. Hawther
Thomas F. Farre
Secretary of Navigation
Pocahontas Fuel Company Incorporated
Pocahontas
Pocahontas Coal Field
Tidewater
Great Lakes
Pocahontas Fuel Company, Incorporated
Broadway
Board of Trade
City Pliers
Norfolk
Sandusky
London
Moxey, Savon & Co., Ltd
Lime Street Square
E. C
England
Henry Coe & Clerci
Piazza
S. Matteo
Geneva
Pocahontas Fuel Co., Inc
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