Bond market rallies lift Florida Land Company shares to new highs
The Land Company of Florida saw its curb market shares advance pushing related bonds to a fresh high at 197 before easing to 192, a net gain of ten points. High grade railroad bonds overall fell though some semi speculative issues gained traction as demand concentrated in New Haven Denver and Rio Grande Western Chesapeake and Ohio Hudson and Manhattan issues. Foreign loan activity includes a 30 million Argentina loan by J P Morgan & Co and National City Co to be marketed early next week with terms undisclosed. Also a 10 million Bremen ten year bond issue priced at 95 will fund Bremen dock expansion and retire prior year obligations. Prices for various international issues moved: Greece 145, Poland 17.60, Czecho Slovakia 2.06, Jugoslavia 1.78, Austria 14, Rumania 49, Argentina 40.62, Brazil 13.50, Tokio 41, Shanghai 79, prominently driven by worsted mill contracts. Women’s wear lines debut with rayon silk blends alongside wool and worsted yarn fabrics.
MENTIONED IN THIS ARTICLE
Argentina
J. P. Morgan & Co
National City Company
Bremen
Germany
Greece
Poland
Czecho- Slovakia
Jugo-Slavia
Austria
Rumania
Brazil
Tokio
Shanghai
Montreal
General average of railroad stocks hits postwar high
Revival of activity lifts the general average to the highest level since World War I as rails rally alongside high priced utilities. Baldwin and other industrials lead gains while New York Central, Great Northern, and several rails post solid advances amid heavy trading volume and favorable trade reports.
MENTIONED IN THIS ARTICLE
New York
Baldwin
Seymour Cromwell
The
Exchange
Seasion
Mercantile Reviews
Siiadstreet
Atlantic Coast Line
Great Northern
New York Central
Frisco
Seaboard Air Line
Wabash Common
Western Pacific
Canadian Pacific
Texas and Pacific
Bond Market Averages Slide After Wall Street Funds Drain
Bond averages eased as money left Wall Street by out of town banks and call loan rates rose. Foreign, rail, and industrial issues showed brief gains before selling pressure. Mexican bonds rose on news of Finance Minister Pani visiting. Florida land boom boosted bids for Florida Western and Northern 7 percent bonds with stock warrants.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Pani
United States
Newark
Florida
Wall Street Stocks and Prices Highlight Major Industrials
A digest lists share prices and majors including Allied Chemical American Water Works Bethlehem Steel and United States Steel among prominent names. Firms such as Southern Pacific Western Union Reading and Pennsylvania feature with varied percentage levels across multiple exchanges.
MENTIONED IN THIS ARTICLE
New York
Allied Chemical and Dye
ROB Smercas
Nery Mencan
Lehigh Valley
American Atehtaon Congo
American Woolen
American W Ater Works
Ana
Haldwin Coast Line
Timore
Ohio Bethlehem Steel
Nesapeake
Northwestern Oeses Ae Chit
St. Paul
Pla
Sonne
Pacific
Sores
Northern
Gulf States Steel
Hudson Motors Indorentent Oinde
International Int
Mer
Mid-Continent
Kansas
Issouri Pacific
Pan
American Petroleum Pennsylvania
Philadelphia
Reading
Republic Iron and Steel
Pexneide Tobacco
Louisville and
Nashville
Ebedda Board
Afr
St. Louis
San Francisco
Sears Roebuck
Jersey
Stewart Warner
Suas
Studebaker Civil Texas Company
Texas and Pacific Co
Foreign Exchange Rates Steady in New York Market
Foreign exchange trading remained steady in New York with quotes for Great Britain at 4 84 16 and cables 4 84 11, 60 day bills near 4.80 percent, France around 4.72 4.73, Italy 4 10 percent, Belgium 4 47, Germany 23 80, Holland 40 15, Norway 21 16, Sweden 26 82, Denmark 24 35, Switzerland 19 30, and Spain 14 46.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Call Money Report From New York Market
New York call money figures show strength with highs at 65 and lows around 3 percent. Ruling rate sits near 3 percent with closing bids at 5 and offered at 6 percent, last loan 5 percent. Call loans against acceptances 3 percent. Time loans steady on mixed collateral for 60 to 90 days at 4 percent 4, 4 to 6 months 4 4 4 percent, prime mercantile paper at 4 percent.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Government bonds close steady amid varied Treasury notes
United States government bonds closed with Liberty 344s at 100.20, First 4% at 102, Second 44s at 101, Third 44s at 101.14, Fourth 4%s at 102.9. Treasury 4a priced at 103 and Treasury 4%8 at 106.17.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Treasury
Cotton Cloth Markets Weakened by Southern Drought
New York cotton cloth trading was light for the week with inquiries fair and buyers paying advances when deliveries could be arranged. Mills limited by drought, finished goods strong, and raw silk firm despite Yokohama decline. Wool prices remained steady and good.
MENTIONED IN THIS ARTICLE
New York
Yokohama
Livestock Auctions Show Higher Prices Across Major Classes
Chicago cattle hogs and sheep receipts swell with active trade. Fed steers and light fatteners post higher quotes as packers bid up values, top cattle around 13.00 with heavy loads and canners steady. hogs rise 10 to 15 cents with top at 13.50, sows 10 to 25 cents higher. sheep and lambs mix, fat natives firm at 15.00 to 15.25 with some lambs reaching 15.50. Shippers moved 6,500 head. overall holdover around 3,600.
MENTIONED IN THIS ARTICLE
Chicago
Kansas
Dairy Prices and Receipts Report from New York
New York dairy markets show butter receipts 12,580 and eggs 17,910 with varied grades and prices. Fresh weathered extras bring 39 42 cents, storage packed 34 35, gathered firsts 35 38, and seconds 27 34 cents. cheese receipts total 284,356 pounds.
MENTIONED IN THIS ARTICLE
New York
Peerey Hennery
Market Prices Show Mixed Moves Amid Thin Demand
Prices varied across positions with larger shifts in active contracts and shorts covering during a late rally. September and March figures moved within tight ranges while refined prices held at 5.40 to 5.70 for fine granulated with modest demand for nearby needs.
MENTIONED IN THIS ARTICLE
Naber
May
Wool Market Steady For Medium Domestic Stock
Wool buyers in Boston report continued activity on the local market with emphasis on medium domestic stock. Combing fleece wools or three eighths blood quality firm at 50 cents in grease. quarter blood at 48 to 50 cents. Territory staples three eighths blood around $1.00 clean. quarter blood combing about 90 cents.
MENTIONED IN THIS ARTICLE
Boston
Butter Market Holds Steady for Top Grades in Chicago
Butter prices in Chicago on Sept 18 were steady for top grades and firm for medium and lower scores. Demand focused on the medium and lower grades with light supplies. Centralized markets remained firm as cars moved well, especially 8 9 and 9 score. Fresh 92 score butter at 46 cents in centralized markets at 45 percent for lower scores.
MENTIONED IN THIS ARTICLE
Chicago
Market Prices for Wheat Clover and Timothy
Seed Toledo reports cash wheat No 2 red at 1.67 to 1.68 per bushel. Clover October futures at 15.50 with December and March bids around 15.90. Timothy cash and futures listed at 3.75 for October, 3.85 for December, and 3.95 for March.
MENTIONED IN THIS ARTICLE
Toledo
Timothy
Poultry Markets Report Steady in New York
Live poultry barely steady while dressed poultry remains steady as of September 18 in New York.
MENTIONED IN THIS ARTICLE
New York
Wheat market slips as ships ready to bring grain to Chicago
In Chicago five vessels are chartered to bring wheat from Duluth and reports of Canadian wheat imports fuel a downward trend in the Chicago market.
MENTIONED IN THIS ARTICLE
Chicago
Duluth
Canada
Raw Sugar Prices Slump to New Three Year Low
New York September 18 record low struck as raw sugar futures fall further. Prices drop 1/32 cent to 4.18 duty paid on 14 000 Philippine bags and 6 000 Porto Rican bags afloat to local refiners amid continued offerings and favorable European crop news.
MENTIONED IN THIS ARTICLE
New York
Philippines
Market closes show wheat and corn declines
Closing quotations on wheat were heavy with KC to percent net lower. December and May futures moved around lows, corn finished down and oats fell, with provisions fluctuating between slight rises and modest losses.
Real estate transfers filed in county court clerk office
Real estate transfers listed include A Hylton and wife to G G Simpkins for lot 11 section 867 Bluefield with $3300, Katherine St Clair Settle and husband to E T Oliver for lots 7 and 9 section 1106 Bluefield, and others between G S Simpkins and wife and C A Hylton for lot 5 section A Park Place Bluefield along with D T Carr to Mercer Home Building Company for lot 7 section 55 Heuser Avenue Prince-
MENTIONED IN THIS ARTICLE
A. Hylton
G. G S. Simpkins
Bluefield
Katherine St. Clair Settle
E. T. Oliver
G. S. Simpkins
C. A. Hylton
Land Transfer Notice From G W Francisco And Wife
G W Francisco and wife transfer 29 acres at Littlesburg to J N Spence in a consideration noted as ten dollars. The document records the conveyance details and parties involved.
MENTIONED IN THIS ARTICLE
G. W. Francisco
J. N. Spence
Littlesburg
Also Mentioned on This Page
Div
By Ahern
MATOR
Wes
ALGO
International Harvester
Indus
Mae Dames
American
General American
General Electric
Westinghouse Air Brake
Lima
Pullman
General Railway
Detroit Edison
Brooklyn Edison
Montana Power
Market Street Railway
Western Union and
West Penn Company
Hudson Motors
Motor Group
Kelsey Wheel
A. S
Dupont
Frank G. Shattuck
Brunewick-Ralke- Collender
Famous Players
White Rock
Citizens’ Underwriters Agency
Kay Evans
Peery Building
W. VA
C. B. Hancock
Bluefield, W. VA
First National Bank
American Coal Co
Atlantic Smokeless Coal Company
Cinch Valley Lumber Corporation
Con
Carden Beeen Weewer Water Works, Serred
Hh Meadonn
Pocahontas Fuel. Company, Common
Rib Red Ash Coal Co
Pocahontas Coultering Hardware Co
Oatirginia Mortgage and Discount Corpora
West Virginia’ Mortgage
Accoun ‘Orporax
Asket
Moses Hyman
Welch, W. Va
Ttdford
Connect
East Radford
Bristol
Nor
Fe Lyechburs
Retown
Roanoke
Enandoah
Tts Rowpake
Twobor K
Williamson
Tinanee Cane
Columba
Chiqs
Deusenton
Jieston
Cincinnati
Colum- Sleeper
A. Ae
Portsmouth
Welch
H m
W. J. Wiley
Ticke
Pulaski
Pulaski Foundry and Manufacturing Corp
Pulaski, Virginia
Gov’t Bonds
Aleck
the Commercial Bank of
Bernard Mclaugherty
W. C. Given
Hier
Juhling, Wm, F
Toney
Mortgage Service & Real
Commercial Bank
C. F. Lyda
J. G. Ridinger
Freckles
BY BlOsSer
Jay
Mom
Ming
Homg
College Heights
Shott, Early & Shott
Binefield, W. Va
Princeton
Community Loan Company OF
Bland Street
W. C. Neikirk, Secy-Treas
Pocahontas Fuel Company
Pocahontas
Tidewater
Great Lake
Pocahontas Fuel Company Incorporated
Peg
PFC
Pocahontas Coalfiel
Pocahontas Fluel Company, Incorporated
Virginia
Broadway
NORFO
Main St
Mass
Boa
Cincinnati Ohio
Portland
Maine
Pocahontas Wharf
West Virgins
New Bedford
Hillman Street
Lambert's Point
Sewell's Point
Norfolk
Newport News
Great Lakes
Sandusky
Ohio
London
Moxey, Savon & Co., Ltd
E. C
England
Henry Coe & Clerc
Piazza
Matteo
Geneva
Pocahontas Fuel Co., Inc
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