Market Holds Firm Tone Amid Scattered Profit Taking
Scattered profit taking and short selling provided little disruption to a firm market undertone. Demand for agricultural implement shares boosted advances in International Harvester and related firms as rail stocks lagged but showed selective strength. Major movers included General Electric, Mack Trucks, National Lead, Sears Roebuck, Montgomery Ward, and Woolworth in a day of mixed but resilient trading.
MENTIONED IN THIS ARTICLE
New York
Princr
General Electric
National
International Harvester
West
Sears Roebuck
Montgomery Ward
Woolworth
Western Rails
Katy
Southern Pacific
New York Central
Lloas-Sheffield Steel
Gulf States Steel
Iron
U. S. Steel
Bond market shows mid July dullness with mixed rail and utilities quotes
July 21 New York bonds exhibit slim trading with higher call money and funds shifting away from New York. Prices move within narrow ranges while initial turnover in Australian bonds occurs on the New York Stock Exchange amid broad listing of various industrials and utilities.
MENTIONED IN THIS ARTICLE
New York
Danish Loan Campaign Sparks Market Curiosity
Traders watched bidding for Denmark's planned 30 million dollar loan with a 99 percent price, signaling a small premium over offering terms. Banks anticipate a 5 percent bond sale below par or at a lower price. Denmark 66 shed some gains while other issues remained weak with mixed railroad and utility bonds and occasional firm Pan American notes.
MENTIONED IN THIS ARTICLE
Wall Street
Denmark
New York Central
Baltimore and Ohio
Reading
Chicago
Northwestern
Katy
Sinclair
Foreign exchanges steady in New York market
Foreign exchanges were steady in New York with quotable rates across major currencies. The report lists Britain, Belgium, Germany, Holland, Norway, Sweden, Denmark, Switzerland, Spain, Greece, Poland, Czechoslovakia, Jugoslavia, Austria, Romania, Argentina, Brazil, Japan, and Shanghai, with specific bid and cable figures.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Aly
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Ceecho- Slovakia
Jugo-Slavia
Austria
Rumania
Argentina
Brazil
Tokio
Shanghai
Montreal
Government Bonds Close With Mixed Liberty and Treasury Scores
United States government bonds closed with Liberty 3s at 100.27 and Liberty 4s across four issues trading around 102.12 101.1 101.14 102.14. Treasury 48 stood at 103.7 while Treasury 4s moved to 107.6.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Treasury
Livestock Prices Mixed at Chicago Market Report
Livestock receipts total about 9 000 cattle with uneven trading and varied demand for grass fed and grain fed cattle. Cows and heifers show softness while grass steers hold value near 9.00 with top prices around 14.50 for 1 136 pounds. Hog prices mostly steady to down 10 cents, light weights firm, pigs strong in heavy weights, lambs and fat sheep show gains with fat lambs rising up to 26 cents.
MENTIONED IN THIS ARTICLE
Chicago
Wheat Prices Slump On Glutted Market Across North America
Chicago July 21 Wheat futures plunged 8 to 13 cents as harvests in Canada and the Dakotas Minnesota and Montana boosted supply. Closing quotes near the day’s bottom showed wheat down 4 TM% to 56% cents from yesterday’s finish with September at 1.49% to 1.49% and December at 1.50% to 1.50%. Corn fell 2%c and oats declined slightly while provisions held steady to higher.
MENTIONED IN THIS ARTICLE
Chicago
Canada
Dakotas
Minnesota
Montana
Butter Market Shows Quiet Trade In Chicago
The July 21 Butter Chicago report notes a barely steady tone as buyers hold off amid eastern market softness. Dealers generally offered concessions to move all grades while the centralized car market remains quiet with little buying interest.
MENTIONED IN THIS ARTICLE
Chicago
Call money and loan rates in New York and Britain
New York call money is strong with high 4 percent and low 3 percent, ruling at 3 percent. Closing bid 44 percent, offered at 4 percent, last loan 4 percent, call loans against acceptances at 3 percent. time loans firm with mixed collateral for 60 to 90 days and 4 4 percent for 4 to 6 months. prime commercial paper at 34 percent. Moa, Scotland, noted as the shortest time in the British Isles.
MENTIONED IN THIS ARTICLE
New York
If you lose your check book your money is safe in the bank
A concise statement notes that misplacing a checkbook does not jeopardize funds in a bank. It emphasizes account safety and encourages monitoring for unauthorized transactions.
Scattered 90-Score Bar Prices Peak Amid Premiums
Market notes show 90-score bars trading at slight premiums with fresh 92 score entries and 89 score listings. Centralized offerings include 90-score at 42 percent and 89 score at 41 percent, indicating tight pricing and modest upward pressure.
Sugar Market Steady. Raw Prices Flat Amid Light Trade
New York sugar market held steady with raw prices unchanged as 10 000 bags Porto Rican due early next month sold at 4.27 and 20 000 bags Cuban for July 22 delivery at 4.30. Raw futures were steady on a firmer spot tone while liquidations trimmed gains. Refined sugar rose five points to 5.40 for fine granulated with others at 5.35 to 5.45.
MENTIONED IN THIS ARTICLE
New York
Dry Goods Market Moves on Quiet July Day in New York
In New York on July 21, dry goods trade was steady yet quiet. Discounts on leading wide sheetings slimmed 5 percent after many orders were booked on the low list. Raw silk softened while printed rayon fancies and fall fabrics drew preparation for spring 1926 lines.
MENTIONED IN THIS ARTICLE
New York
Calcutta
Wool market steady as demand favors finer qualities
In Boston on July 21 activity in the wool market remains steady with prices firm. Sales are slightly restricted and demand favors finer qualities, while traders anticipate improved business forthcoming.
MENTIONED IN THIS ARTICLE
Boston
Market Report on Finished Grade Dur Prices
Prices held steady following market opening for finished grade during the next days. Unchanged from yesterday except half blood combings at 47 to 48 cents.
Butter and cheese receipts rise in New York market report
New York market data shows July 21 figures with butter receipts at 26 259 and cheese firm with total receipts 224 825. Extras and firsts prices listed with 92 score for creamery items and Pacific Coast whites highlighted. No hennery whites noted amid closely selected extras. western hennery whites and nearby markets also referenced.
MENTIONED IN THIS ARTICLE
New York
Pacific Coast
Richmond Market Report Mixed Live Poultry to Cattle Prices
Virginia Division of Markets reports light demand and supplies in Richmond with nominally steady prices for live poultry and eggs. Cattle receipts total 220 with steady to firm values across classes, plus regional quotes from Jersey City and Lancaster for steers, heifers, cows, and calves, lambs and sheep.
MENTIONED IN THIS ARTICLE
Richmond
Virginia Division of Markets
Colored janitor returns found money to police after discovery
Herbert Howard, a colored janitor in Los Angeles, found a package containing $1,100 at the Savings Bank. He surrendered it at Central Station with a pistol in hand, saying he was a Plaza Branch janitor. Detectives disarmed him and retrieved the money, clarifying the incident.
MENTIONED IN THIS ARTICLE
Herbert Howard
Los Angeles
Cali
Savings Bank
Howard
Detective Bureau Central Station
Plaza
Citizens Trust & Savings Bank
Washington hearing charts Ford bid for 200 ships
The Senate committee heard farm organization representatives on postal rates as acceptance for Henry Ford's 200 ship bid was recommended. P Van Sweringen testified before the Interstate Commerce Commission on the Nickel Plate merger amid ongoing prohibition enforcement discussions.
MENTIONED IN THIS ARTICLE
Henry Ford
Shipping Board
Farm Organization
Senate
P. van Sweringen
Interstate Commerce Commission
Recital Planned as Poet Pastor Promotes Patriotism
The Rev G M Dickerson will give a recital of original poems at Jones Street Christian Church. The program includes patriotic, racial, sentimental, religious and comical pieces. Admission is free and the public is invited. event set for 8 30 p m.
MENTIONED IN THIS ARTICLE
G. M. Dickerson
Jones Street Christian Church
Iowa State paper from corn stalks could boost mills regionwide
Ames Iowa July 21 The Iowa State College chemical engineering department led by Prof O R Sweeney reports corn stalks can yield high quality paper at present prices about 150 a ton when converted into pulp Six tenths of a ton of paper can be produced from a ton of stalks and the process may support paper mills in prairie states The by product liquid from the stalks shows strong adhesive properties for potential use in a new adhesive product
MENTIONED IN THIS ARTICLE
Ames
Iowa
Iowa State College
O. R. Sweeney
Sweeney
Prairie States
United States
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Sinclair Consolidated Ol
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Pocahontas Fuel Company
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