Marking Up Call Money Rate Sends Prices Downward
New York June 22 The call money rate rose from 3% to 4% and then to 4% per cent, triggering selling that nudged prices lower at the close. Loans were called by out of town banks, with little other news affecting sentiment. Motors and utilities showed bullish hints, while French exchange slid to a March 1924 low.
MENTIONED IN THIS ARTICLE
New York
International Chamber of Commerce
Brussels
Dupont
Motors
General Motors
Dodee
Mack Trucks
Jordan
Pierce Arrow
Prior Preferred
Baldwin
American Car and Foundry
Jima
Houston
Sinclair
Maradabo
Mid-Continent
United Cigar Stores
Robert Reis
Calumet
Arizona
Central Leather
Mullins Body
Weber and Heilbroner
Call Money Market Report New York June 22
Call money firmer with rates at 4 percent for closing bids and offers. Last loan 4 percent and time loans steady. Mixed collateral with 60 to 90 day notes at 3 percent and 4 to 6 months at 34 percent. Prime commercial paper 3 to 4 percent. Call loans against acceptances 8 percent.
MENTIONED IN THIS ARTICLE
New York
Bonds Market Strength Drives Irregular Trading
New York June 22 United States government bonds led today's irregular market with steady demand for Liberty issues and the Treasury 4s. Prices showed mixed moves across rail and utility groups as total bonds sales reached 10,366,000 while the combined average stood at 93.24.
MENTIONED IN THIS ARTICLE
S. Mon
Historic U S Rail and Industry Names List Seen
A fragmented OCR shows a dense list of railroads companies and industries including Allied Chemical and Dye, American Can, Baldwin Locomotive, Baltimore and Ohio, Canadian Pacific, Chesapeake and Ohio, General Asphalt, International Harvester, Lehigh Valley, Mack Truck, Maxwell Motors, Missouri Pacific, New York Central, Norfolk and Western, Pennsylvania, Reading, Radio Corporation, Sears Roebuck, Union Pacific, Standard Oil, and United States Steel among others. The snippet references stock listings or industry mentions without cohesive narrative.
MENTIONED IN THIS ARTICLE
New York
Birefield
W. Va
We . Va
Allied Chemical and Dye
American Ee and Foundry
American American
Atlantic Coast Line
Paldwin
Baltimore and Ohio
Crucible Steel
Cuba
Uyeterres
Canadian Pacific Cereeee
DMO Central
Chandler Motor Rhasheses
Chesapeake and Ohio
Pacific
Gora
Ecees Congoleum-Nairn
Tee Eee
Ee Tay Agg
Ae Res
du Beat de
Power and
Ligne Etfs
Laey
Ecc
Cec
Great Northern Serred
Gulf States
Steewodseon Motors
Minors Central
Ebnt O
International Harvester
Mer
International Nickel
Ees
Coecs
Ceedinee
Kennecott
Lehigh Valley
Montgome Somery i Pa Ee Ecette Et Nationale
Anash Sane Sneses Co
National Tged Owen
New York Central
N. H
Hartford
Norfolk and Western
Obedies
Buope Anwoticor
Ciicsccie Voessscces
Mertheorn
Te” Sennde
Sears Roebuck
South Pacific
Bouthera -Ralwey
Standard of
Union Pacific
United States
Trustee's Sale Notice for Smith Pocahontas Coal Company
Public auction set for July 3 1925 at 10 AM at Mercer County Court House Princeton WV to sell the leasehold coal mining estates and all improvements conveyed by a May 15 1924 deed of trust from Smith Pocahontas Coal Company to J H Lilly Trustee. Default on interest and principal accelerates the debt of 975000 to satisfy the bonds.
MENTIONED IN THIS ARTICLE
J. H. Lilly
Mercer County Court House
Princeton
West Virginia
Smith-Pocahontas Coal Company
J. H
Market rally and profits slip after Teapot Dome gains
Domestic markets showed rising activity then profit taking after Sinclair interests won a Teapot Dome case victory. Sinclair Consolidated 6s fell two points while Dupont 7s bonds were called at 10 percent, sending quick reactions in related liens. Some National Acme 7s stayed in demand as copper and rubber issues held firm while railroads remained subdued. European bonds stayed steady as loan hopes emerged after war debt settlements.
MENTIONED IN THIS ARTICLE
Ing
Sinclair
Teapot Dome
Pan-American
Skelly
Sinclair Consolidated
Dupont
Acme
United States
Government bond quotes from New York trading session
United States government bonds closed with Liberty issues showing varying prices. Liberty 4s and fours traded near 101 to 103, Treasury 4s at 103.24 and a 107.17 reading for Treasury 4% as of June 22.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Foreign exchange rates drift in global markets
Foreign exchanges show irregular movement on June 22 with quotations in cents for major currencies. Rates listed include Great Britain at 4.85 and 4.86, France 4.66 and 4.67, Germany 23.81, Switzerland 19.42, Argentina 40.26, Brazil 11.12, Tokio 40 percent, Shanghai 7T percent, and Montreal 100 1/64.
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
Tokio
Shanghai
Montreal
Cattle Receipts Steady to Higher on Chicago Market
Livestock Chicago June 22 cattle receipts 16 000. Best steers and fat stock firm to 26c higher with better weights up 25c in places. Liberal run of top steer often above 11.00 dollars while heavier cattle reach above 11.50 dollars in price.
MENTIONED IN THIS ARTICLE
Chicago
Livestock Market Report Highlights Mixed Trade Across Classes
Receipts total around 153 000 head with hogs 49 000 and sheep 11 000. Prices show uneven gains with light yearlings at 11 85 and heavy steers around 11 76 while grass cattle fetch lower bids and sows trend 12 00 to 12 40. Centralized car market remains steady to firm with 89 to 92 score cars in demand.
MENTIONED IN THIS ARTICLE
Hoas
Ae Deck Choice
Butter Market Notes From New York and Chicago
Butter receipts and price levels across New York and Chicago on June 22 show steady tones with various quality grades. Creamery extras and firsts hold firm but trading remains dull in Chicago with reduced buyer interest and dealers offering larger lots for June delivery.
MENTIONED IN THIS ARTICLE
Chicago
Sugar Market Holds Steady Amid Active Futures Trading
New York sugar market shows no price change for raw sugar at 4.40 duty paid. Port shipments include 10,000 Porto Rican, 17,000 Cuban, and 21,000 Philippine bags. Futures trade is active with modest gains on Cuban demand, closing mixed: July 2.65, September 2.80, December 2.91, March 2.94. Refined sugar unchanged at 5.56 to 5.70.
MENTIONED IN THIS ARTICLE
New York
Hecht
Liberal D
Wool Market Activity in Boston Sells Fine Wools Steadily
Wool traders report steady demand for fine wools in Boston with better grades in demand. Delaines sell 64 1 input and 55 cents grease basis. Half blood combing 52 cents and three eighths blood combing 50 to 52 cents. Clean three electr staple about 1.05 and one quarter blood staple around 90 cents.
MENTIONED IN THIS ARTICLE
Boston
Wheat prices ease as new winter crop arrivals rise
Chicago market notes higher wheat arrivals from the new winter crop reducing prices today. Reports of increased supply offset ongoing demand worries and kept futures modestly lower despite steady buying interest from mills and exporters.
MENTIONED IN THIS ARTICLE
Chicago
Wheat market reports widespread black rust across midwest coasts
The report notes spring wheat between Huron South Dakota and Aberdeen South Dakota heavily infected with black rust. Closing quotations on wheat were unsettled, with July at 1.53 dollars and September at 1.52 dollars. Corn finished slight down, oats down fractions, provisions mixed.
MENTIONED IN THIS ARTICLE
Huron
3. D
Aberdeen
S. D
Poultry Prices Steady in New York Market
New York June 22 poultry market shows steady prices with no freight quotas. Express and broilers run 30 to 32 cents, fowls 26 to 30 cents. Dressed poultry rich in variety with chickens fresh 14 to 14 cents, frozen 26 to 42 cents, fowls 39 to 33 cents, old roosters 14 to 20 cents, turkeys frozen 30 to 46 cents.
MENTIONED IN THIS ARTICLE
New York
C. Eas
Hennery
Pacific Coast
For Sale New six room Reostow on Ca avenue
Real estate ad notes a six room Reostow with hot water heat and a good lot on Ca avenue. Price six thousand dollars with terms of $750 cash and $40 per month. Easley-Wilson Company, Rank Building.
MENTIONED IN THIS ARTICLE
Ca Avenue
Easley-Wilson Company
Rank
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