Stocks Rise to New Highs in Busy Session
A strong stock market session saw more than a score of issues reach new 1925 year highs as buying surged after the New York Federal Reserve kept rates at 3 percent. U S Steel led industrials with gains, while General Baking and Fleischmann posted notable advances amid merger news and broad market strength.
MENTIONED IN THIS ARTICLE
New York Reserve
Federal Reserve
Calia
U. S. Steel
U.S. Steels
American Can
General Electric
American Telephone
Mack Trucks
Baldwin
Sioss- Sheffield Steel
Wall Street
General Baking
Insure Valuable Mail Parcel Post Insurance Ad
Postal authorities advise insuring valuable mail to protect packages from accidents or damage. Parcel Post Insurance offers low cost protection with no red tape or delays. For a small amount of money and time, ask about insurance coupon books.
MENTIONED IN THIS ARTICLE
Parcel Post
Bond market rally as rates hold at 2 percent
New York October 2 rallying tendencies in the domestic bond market followed the continuation of the federal reserve bank rate at 2 percent. Investors stepped up buying as earlier fears of higher rates eased and attractive bonds drew solid demand amid a broad market rally.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank
Washington
New York Stocks Rally Amid Mixed Closing Prices
Major industrials and rail firms led a cautious session with varied closes. Names such as General Electric General Motors United States Steel and American Tobacco appeared among many listings, reflecting a broad but uneven market move.
MENTIONED IN THIS ARTICLE
New York
Chemical
American Gas and Foundry
American Locomotive
American — and Refinery
American Tobacco
American Water Works
American Woolen
Atchison Atlantic Coast Line
Baldwin Locomotive
Baltimore and Ohio
Bethlehem Steel California Petroleum
Canadian Pacific Central Leather
Pasco Cerro de Wake Ota Ee Chandler Motor Bigunecas Ae
Chesapeake and Ohio
Chicago
Northwestern
Mil
St. Paul
Pacific
Coca Cola
Colorado
Congoleum Natrn Diss
Consolidated Gas
Corn
Crucible Steel
Cuba
Davison Chemical
Yodge Bros
Chrysler
Mar du Pont de Nemoire
Electric Power and Light
Etfa
Erie
Kennecott Copper
Ees
Thuleville
Nashville
Mack Truck
Marland
Missouri, Kansas
Texas
Missouri Pacific
Montgomery Ward National Biscuit National Lead
New York Central
N. Y
N. H
Hartford
Norfolk and Western
North American
Northern Pacific Pacific
Ay Pan
American Petroleum
Pennsylvania
Philadelphia
Recraton Petroleum
Radio Corporation
Pondla
Wall Street Keeps Nervous Pace as French Debt Plan Sinks
Trading on the New York Stock Exchange shows heavy selling of French delegations as the provisional debt settlement plan meets uncertain reception. Government, city, and railroad issues slide one to three eighths, with about 1,000,000 bonds changing hands. petro leum shares boost momentum with Skelly Oil leading gains and Pan American, Sinclair modestly higher.
MENTIONED IN THIS ARTICLE
Wall Street
New York Stock Exchange
Skelly Ol
Pan-American
Sinclair Thens
Florida
Seed prices report from Toledo on crop seeds
Wheat cash No 2 red quoted at 1.42 1.55. Clover seed cash and October bid 14.75, December 15.85, February 15.85, March 15.75 asked. December 14.25, Marchfinnd. Timothy seed cash October and December 3.89, March 3.90.
MENTIONED IN THIS ARTICLE
Toledo
Livestock Receipts Steady. Cattle Prices Mixed in Chicago
Chicago Oct 2 Livestock receipts 4000. Clearance on all classes good and generally steady. Canners strong. Bulk grass and short fed steers range 7.50 to 9.50 with some 10 to 12. Best yearlings and mature steers 13.75. Lead Dakota grassers about 1154 pounds at 9.69 with others 7.00 to 8.75.
MENTIONED IN THIS ARTICLE
Chicago
Hog Market Summary with Price Ranges and Weights
Opened 25¢ to 40¢ lower and closed 40c to 50¢ lower than yesterday's best prices. Hogs weighed 146 to 226 pounds averaged 12.46 to 13.09 per hundredweight with early extreme top near 13.15. Packing hogs and sows sold as bulk strong weight killing pigs 12.25 to 12.75, outsized hogs and light hogs noted with outsized bids. Sheep and fat lambs reports show quieter activity with total receipts around 13,000 and 19,000 hogs reported across markets.
Livestock Auction Report Highlights Strong Lamb and Sheep Trade
Strong to 26c higher on lambs with natives leading, top ranges at 15.90 dollars and bulk around 15.75 to 15.90. Natives rise to 15.85, bulk 15.25 to 15.75, culls 11.50 to 12.00. Feeding lambs firm to higher, bulk 14.85 to 15.50, several loads 15.75. Fat sheep steady. bulk native ewes 6.50 to 7.50.
Foreign exchange rates in cents and figures from world markets
New York quotes show easy foreign exchanges with stable figures across currencies. Major rates include Great Britain at 4.83 11/16 demand and 4.84 cables, France around 4.65, Italy 4.03, Belgium 4.40, Germany 23.80, Argentina 40.65, Brazil 14.25 and Tokyo 40 percent.
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
Tokyo
Shanghai
Montreal
Discrediting Russia wheat purchases hits Chicago prices
Chicago wheat prices fell after reports Russia bought less Canadian wheat. December futures moved from 1.25 to 1.36 and May from 1.36 to 1.36 plus unsettled quotations for corn and unchanged oats and provisions.
MENTIONED IN THIS ARTICLE
Chicago
Russia
Government Bonds Closing Prices In New York
United States government bonds closed with Liberty 3s at 100.2, second 4s at 100.10, first 4s at 101.28, second 4s at 100.28, third 4s at 101.10, fourth 4s at 1024, Treasury 4s at 103.3, and Treasury 4s at 106.9.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Treasury
Call Money Rates and Time Loan Terms Decoded
New York call money rates show a high and low at 5 percent with a closing bid and ruling at 5 percent. Time loans remain firm with mixed collateral and 60 to 90 day terms at about 4 percent, 4 to 6 months at 4 percent, and prime mercantile paper also at 4 percent.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Sugar Hits New Low With Philippines Sale
In New York on Oct 2 1922 raw sugar prices fell another fraction to 3 90 per hundredweight duty paid a fresh low since 1922 Sales at the new price totaled 11200 bags of Philippines sugar due next week indicating continued weakness in the market.
MENTIONED IN THIS ARTICLE
New York
Philippines
Real Estate Bargains For Quick Sale In Glenwood Park Area
Multiple properties offered with various rooms, land parcels, and terms. Includes 6 to 11 room houses, brick and stucco styles, nearby parks, and land tracts near Glenwood Park with cash down and monthly balances. Also exchanges for city property considered.
MENTIONED IN THIS ARTICLE
Willow Street
Bluefield
Maryland Avenue
Glenwood Park
Hard Road
Faulkner
Princeton Road
Old Carr
Lyndale Avenue
Mt. Clair
Copley Avenue
Gilkerson
Hale Addition
Williamson
Sugar futures and refined prices drift with mixed demand
Futures were irregular but generally higher as opens slipped amid European selling and spot declines. Prices rallied five to eight points before easing, with December around 2.21, March 2.27, May 2.35, and July 2.44. Refined sugar held at unchanged to ten points lower on first quotations from 5.10 to 5.25 for fine granulated with weak demand.
Butter market closes weak as trading dull
Chicago October 2 earnings traders report a weak butter market with prices down half to one cent across all grades. Buyers showed virtually no interest as under grades proved scarce and harder to obtain.
MENTIONED IN THIS ARTICLE
Chicago
Centralized storage prices quoted in a terse market note
A brief market item records mixed storage prices with notes that centralized rates are dull and slow moving. Fresh 2 score items listed at 50 cents and centralized at 48 cents, reflecting slight value shifts in the trade.
Williamson Wall Street Office
Edw. R. Jobling and Wm. F. Toney are listed in the Williamson street office notice. The brief item identifies two individuals connected with the office.
MENTIONED IN THIS ARTICLE
Wall Street
R. Jobling Wm
F. Toney
Also Mentioned on This Page
Pact Steel
Indus
Freday
Ward
Fleischmann
Pierce- Arrow
White Motors
Studebaker
Dodge
General Motors
Hudson
Stewart- Warner
Texas Gulf Sulphur
Woolworth
American Linseed
American Aericultural Chemical
Havana Electric
Miecult
U. & Realty
Atlantic Coast Line
Seaboard Air Line
Citizens’ Underwriters Agency
Ray Evans
Peery Building
W. VA
Coal Property
C. B. Hancock
Bluefield, W. VA
First National Bank
Asket
A Coal Co
Atlantic Smokeless Coal
Oony
Beckley Steam Laundry
Clinch Valley
Jaimbertien
Com
Crystal Block Coal and Coke Co
Common First National Bank
Bluefield Garden
Water Works
Pre
H. Meadeal Co & GC
Minter Coal Co
Cence Recess Sterling Hardware Goal Co. Coal Co
Vera Pocahontas
Superior Drug Co
West Virginia
Moses Hyman
Welch, W. Va
Raedford
East Radford
Bristol
Lynchburg
Town
Roanoke
Norfolk
Williamson, m
Kenova
Cincinnati
Covarables
Columbus
Charleston
Faom
Colum
Portsmouth
Gary
Welth
Ton. m
Nor
Eee
Ween Wen Cane
Ray
Reas
the Commercial Bank of
Bernard McClanagherty
W. €. Given
Bruce
T HE Electric Power and Light Corporation
Dove
By Ahern
Mortgage Service & Real
Commercial Bank Bldg
C. F. Lyda
J. G. Ridinger
Blacksburg
Virginia
Virginia Polytechnic Institute
Rock Bottom
Christiansburg, Va
Gov’t Bonds
Black Board
H. J. Linkous
D. M. Gregg Phone
Bluefield Development Company
Union Bank and Trust Building
Princeton Avenue
Tazewell Street
Princeton
Community Loan Company OF
Bland Street
W. C. Neikirk, Secy-Treas
Isaac T. Mann James Elwood Jones
Thomas F. Farrell
A. J. McBride
H. R. Hawthorne
L. Alexander
Pocahontas Fuel Company
Pocahontas
Pocahontas Coal Field
Tidewater
Great Kes
Pocahontas Fuel Company Incorporated
Hamtee Reef
Pocahontas Coalfield
Pocahontas Fuel Company, Incorporated
No. 1
Broadway
Norfo Va
Main St
Boston
Mass
Board of Trade
Ohio
Traction
TLAND
Maine
Pocahontas Wharf
Foot Moulton Bt
Pocahontas Building
New Bedford
Foot
Hillman Street
Atlantic Coast
Tidewater Plezs
Lambert's
Great Lakes
Sandusky
London
Moxey, Savon &C., Ltd
Lime Street Square
E. C
England
Henry Coe & Clerci
Piazza
S. Matteo
Geneva
Pocahontas Fuel Co., Inc
Freckles
Alek
Amo
KI Lamar
Ker
Mom
Sue
By Blosser
Pullman
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