Substantial recovery in stock prices lifts market
Selling pressure eased in New York trading as stocks recovered from recent lows. Rail and industrials rose one to four points with higher gains in high priced shares. Pan-American Petroleum and California Petroleum led advances amid talking of a reorganization plan, while United States Steel and other majors posted gains.
MENTIONED IN THIS ARTICLE
New York
Pan-American Petroleum
California Petroleum
General Petroleum
Pacific Oil
Mersel
United States Steel Common
American Can
Baldwin
Anaconda
Federal Mining
Kennecott
Magma
Utah
Wabash
Atlantic Coast Line
Chesapeake and Ohio
Chicago and Northwestern
Lackawanna
Northern Pacific
St. Louishwestern
Great Northern
Pittsburg
West Virginia
United States
Nash Motors
American Car and Fowndry
American Chicle
Associated Dry Goods
Goodyear Served
International Business Machines
Postum Cereal
Remington Typewrites
Universal Pipe
Virginia Railway and Power
West Penn Power
New York Stocks Close Mixed Amid Broad Trading
A wide array of U S and international stocks moved in mixed fashion with Allied Chemical and American Can showing fractional declines while American Water Works and Southern Railway posted modest gains. Industrial giants such as General Motors and United States Steel traded with small shifts as investors weighed commodity signals and corporate news across sectors.
MENTIONED IN THIS ARTICLE
New York
Allied Chemical
American Car and Foundry
Posses Merican Water Works
Gaerne Satveene Desaste
Atchison
Ee Soy
Mer
Mar
Kelly Springfield
Keanecett
Lehigh Valle
Lochebule
Nashville
Maxwell Motors
Mexican Seaboard
Misouri
Kansas
Texas
Ireat
North American
Northern Pacific
Pul Petroleum
Bane Head
Ible Steel
Pabenec Me Vieon Chemical
Fampus
General Peeeerse
Missouri
Missouri Pacific
Montgomery
York
Poapeers Air Line
Iscees
Bessersee
Gelndard Creneral
Hila
Reading
BS Sree
Wabash
Weal Kleetric Willye-Overland
Wolworth
Bond Market Rebounds on Easier Money and Rail Rally
New York March 20 The bond market reversed earlier softness as easier money rates and a rally in St Paul railway obligations lifted prices. Gains of one to four points appeared across rail and industrial issues with St Paul notes up to 4 1/4 percent on convertible bonds. Six percent Pan American Petroleum bonds saw heavy buying on anticipated property segregation and future expansion into California and Mexico.
MENTIONED IN THIS ARTICLE
New York
Mar
St. Paul
Chicago
Terre Haute
Chicago and Alton
Western Maryland
Seaboard
Chesapeake
Ohio
Delaware and Hudson
Pan-American Petroleum
California
Skelly
Sinclair
Local Mills Tighten Output Amid Cautious Stocking
The Old Home Town notes slower goods movement and curtailment of operations in mill centers. Wholesalers report scattered demand for novel wash fabrics with prompt shipment, but stock shortages persist as mills limit production of highly styled goods. Staples remain quiet.
Bond issue by Vacuum Oil may be redeemed next year
The Vacuum Oil Company indicated in its annual report that a cent bond issue sold in 1921 may be called for redemption in the following year.
MENTIONED IN THIS ARTICLE
Vacuum Oil Company
Chicago Live Stock Market Report March Cattle Hogs and Sheep
Chicago cattle receipts 3 000 general trade active with gains across most classes. Best handy weights around 11 10, bulk 8 50 to 10 25, stockers 7 00 to 8 25, fat cows 5 50 to 7 00, canners up to 3 50. Hogs receipts 33 000 open slow, close about 25 lower, top 14 25, bulk 15 75 to 14 10, 140 to 150 pound pigs near 15 00. Sheep receipts 8 000 active, fat lambs uneven but up to 25 higher, bulk 84 to 87 pounds 15 75 to 16 00. Estimated holdovers 1 000 head.
MENTIONED IN THIS ARTICLE
Chicago
Lamb market report with prices by class and weight
Clipped lambs at 92 pounds bring $11.25 per hundredweight while other classes stay the same. Ewes, yearlings, and rams hold at $9.50 and $16.50 respectively. Shearing costs noted at $16.357.
Wheat market surges on scarcity reports in Chicago
Chicago grain rush drives prices higher as Canadian wheat export scarcity and European firm troubles unsettle traders. May futures rise to 1.674 and July to 1.45 as corn holds and oats edge up.
MENTIONED IN THIS ARTICLE
Chicago
Mar
Europe
Cotton goods markets steady amid large ginnings report
In New York on March 20 rising cotton goods markets steadied spot delivery while buyers bid lower for late cloth shipments after reports of large year ginnings. Trade was quiet in both cloths and yarns including wool.
MENTIONED IN THIS ARTICLE
New York
Raw sugar market steady with May shipment sale
The raw sugar market in New York on March 20 held steady at 4.74 with May shipment bids moving to 4.87. Only sale reported was 17,500 bags of Philippines for May shipment at 4.87. Futures trading remained light and prices fluctuated within a narrow range.
MENTIONED IN THIS ARTICLE
New York
Philippines
Sugar futures steady with limited buying and weak old crop
Prices trimmed as advances stayed narrow and old crop months fell under selling by commission houses. March closed 2.98, May 3.03, July 3.19, September 3.34. Refined sugar quotes were steady at 6.00 to 6.20 for fine granulated with refiners taking orders at 5.90 GC level. Demand remained light as refined futures stayed nominal. Slag from steel mills is now fused in making cement.
Poultry Prices Unchanged at Dressed Poultry Firm
New York buyers see express cost for chickens 40 cents per pound broilers 48 to 62 cents and fowls 30 cents with dressed poultry firm keeping prices steady as market updates.
MENTIONED IN THIS ARTICLE
New York
Express
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Lon
Hoover
NEW Norfolk Wester
East Pests
Kenova
Cincinnati
Umbuse
Umbus
Charleston
W. Va
Cincinneti
Columbus
Bluefield
Virginia
Bluefield Trust Co
Coal Property
Bluefield, W. VA
Natonal Bank
American Coal Co
Sofield Trust Co
Hontas Fuel Co
Com
Hontes Coal Land Cor
Ahontas Fuel Co
Mier Red Ashoul Co
M. Ritter Lauber Co
Brosser
Gee
Orpueum
Tag
Boyntons
Pete Parley
Hank Hibbard
Stanley
Aria National Bank
Hennery
Jean-Var Avenue
New
Augusta B&t
Cherry St
Maryland Avenue
Call Us
Tazewell Avenue
Bluefield Ave
Renia
Jefferson Street
Twin City Real Estate. CO
Peery
T. C. Phillips
W. P. Tabor
The
First National Bank
Community Loan Company of
Bland Street
W. C, Neikirk, Secy
Treas
Farren
Pocahontas Fuel Company
Mistre
Pocahontas Coal Field
Mt Lakes
Pocahontas
Pocahontas Fuel Company Incorporated
V. F.C. Trade Bort
Seipniz
Hampton Roads
Lncorporated
New Broadway
Boston
Mass
Board of Norpole
Cincinnati Ohno
Traction
Rand Bite
Maine
Pocahontas Wharf
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London
Moxey, Bavon & Co, Ltd
Lime Street Square
Londer
F.C
Maly
Henry Con & Clerics
Picera
Mative
Geneva
Pocahontas Fuel Co., Inc
Broadway
City Cable
Watkins Keeith
Tony
Western Union
Tdeber
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