Speculative Operations For The Rise Market Slumps
Heavy loan calls push call money to 6 percent and trigger a broad market selloff after initial gains in motor shares. General Motors and Studebaker hit new 1925 highs before fading, while rails show a brief strength on August earnings.
MENTIONED IN THIS ARTICLE
New York
General Motors
Studebaker
Hudson
Stewart Warner
Bosch Megneto
Mullins
Stromburg
Yellow Cab
Dodge
Kelsey Wheel
Packard
Pierce Arrow
Jordan
American Car and Foundry
Baldwin
International Harvester
Pulksan
Montana Power
Seara- Roebuck
Westinghouse
Worthington
Bond market steadies as call rate spikes. railroad earnings boost
New York reports higher call money at 6 percent, sparking cautious gains in bonds led by railroad issues. Investment grade bonds like Union Pacific and Pennsylvania attract buyers while some semi speculative issues retreat. Mexican and Argentine issues rise on debt discussions and forthcoming financings including Marshall Field & Co and Laratan Fuel bonds.
MENTIONED IN THIS ARTICLE
New York
Spee
Street
First Railroad
Union Pacific
Pennsylvania
Ita
Denver
Rio Grande
Chicago
Illinois
St. Paul
Bremen
Marshall Field & Co
National City Company
Philadelphia
Liberty Bonds Close in New York Markets
Liberty bonds closed with fractional gains as listed in New York on September 21. The report shows prices at 100.14 with a first series quotation of 3% or more, reflecting modest response in the bond market.
MENTIONED IN THIS ARTICLE
New York
New York Stocks Rally and Decline Across Big Firms
A fluctuating session lists Allied Chemical American Car and Foundry and American Locomotive among movers. Rail and steel names such as Bethlehem Steel United States Steel and Union Pacific show activity while Canadian, Continental Petroleum, and Seaboard figures appear amid wider market shifts.
MENTIONED IN THIS ARTICLE
New York
Allied Chemical and Dye
Seneeen American Car and Foundry
Ammerican Putas
Lahigh Valley
Lauraville
Nashville
Eee
Mariand Ou
Mexican Seaboard Ol
idContinent Petroleum
Issours
Kansas
Texas
Vena
Bethiehem Steel
Cerro de Pasco
California
Union Pacific
United States
Baltimore
Pasco
Standard Standard Oil
New Jersey
United States Rubber
United States Steel
Weak Raw Business Noted in Our Boarding House
The undertone in Our Boarding House signals weakness in raws with little or no business reported, indicating a slow market and cautious activity among suppliers and buyers.
Treasury Bond Prices and Yields Mentioned in Quotes
Market notes show quoted prices for four percent Treasury issues and a four percent Treasury securities line. Prices cited include 101.28 for the first, 100.30 for the second, 101.13 for the third, and 102.10 for the fourth. Treasury four percent securities appear at 103.20 with notes of 106.23 for further reference.
MENTIONED IN THIS ARTICLE
Treasury
Foreign exchange rates steady in New York market
Foreign exchanges were steady with quotable figures in cents for major currencies. Britain 4843/16 demand and 4849/16 cables, France around 4.73 4.74, Germany 23.80, Japan Tokyo 41, Shanghai 80, Montreal 100, and other listed values.
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
Argentine
Brazil
Tokio
Shanghai
Montreal
Call Money Market Report Sees Mixed Loans in New York
New York September 21 call money strong with a ruling rate of 4 percent. High 6 percent and low 4 percent observed. Closing bid 6 percent, offered at 6 percent. Last loan 6 percent. Call loans against acceptances 3 percent. Time loans firm with mixed collateral for 60 to 90 days. Prime mercantile paper quoted at 4 percent.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Livestock Market Report from Chicago Seeks Steady Trends
Cattle receipts 24,000 with fed steer trade mostly steady and lower on some grades. in between weights up to 11.50 or more, loads 12.50 and above. Hog receipts 30,000 with higher cattle and strong weights. best 140 to 225 pounds at 13.00 to 13.50, top 13.55. Sheep receipts 28,000 fat lambs down about 25 cents, feeding lambs up to 15.85, natives around 14.75 to 15.00. Shippers 5,500 and 14,000 holdovers noted. big packers sparing.
MENTIONED IN THIS ARTICLE
Chicago
Wheat yield outlook trims USDA estimates
Chicago September 21 unofficial reductions of the estimated probable yield of wheat in the United States. The report notes lower production expectations across key growing regions, with impact on prices and market sentiment.
MENTIONED IN THIS ARTICLE
Chicago
United States
Wheat market closes higher as futures advance across boards
This evening traders saw a firm wheat close with May wheat rising to 1.51 to 1.52 and December to 1.54, while corn edged up about one eighth and oats gained around half a cent. Provisions climbed about one cent.
Sugar Market Sags as Refined Prices Hold
The New York raw sugar market weakened with 1/32-cent declines to levels unseen since 1922. Large liberal offerings included 7 500 Porto Rican for prompt shipment at 4.18 and 21 000 Philippines, 10 000 Cuban October arrivals, and 30 000 Porto Rican loading at 4 156. Futures slipped to new seasonal lows before trimming some losses. Refined sugar prices remained steady from 5.40 to 6.70 for fine granulated.
MENTIONED IN THIS ARTICLE
New York
Philippines
Butter Market Steady Despite Early Gain on Scores
Chicago butter trading today showed a fair market with a steady to firm tone after an early rise of 1/8 to 1/4 on 90 and 92 score cars. Supply of top and under grades was light as storage goods competed, with centralized firms on 89 and 90 scores and several sales reported. Premiums appeared in some districts for fresh 92 score and 46 percent, centralized 0 score at 45 percent.
MENTIONED IN THIS ARTICLE
Chicago
Little activity in cotton goods market with demand for quick delivery
In New York on Sept 21 buyers focused on fast delivery with little optimism for future demand. Primary factors described conditions as normal and noted steady trouble meeting demand. Interest appeared in fancy shirtings for next spring, marking the first such development. Raw silk fell marginally locally and in Yokohama due to weak demand.
MENTIONED IN THIS ARTICLE
New York
Yokohama
American Woolen Company Opens Spring Wear Fabrics
Woolen goods trade awaited the opening of spring women’s wear fabrics Wednesday as the American Woolen Company prepared to showcase new textiles and patterns for the season.
MENTIONED IN THIS ARTICLE
American Woolen Company
Dairy Prices and Receipts Report New York Market
New York dairy market report notes butter firm receipts 43 691 pounds and creamery prices rising for extras and firsts. Cheese firm receipts 166 197 pounds with state whole milk flats and slate prices around 24 and 23 percent.
MENTIONED IN THIS ARTICLE
New York
Hennery
Pacific Coast
Wool market steady with hints of better sentiment
In Boston on Sept 21 the wool market remains unchanged though sentiment shows modest improvement. Fleece and territory wools are selling with spotty trading and most sales align with quoted values. a limited sale of one half blood territory staple neared 46 cents in grease, equating to about 1.11 or 1.12 after 58 percent shrinkage.
MENTIONED IN THIS ARTICLE
Boston
Seed market prices in Toledo on September 21
Seed prices from Toledo Ohio show bids for various grains and forages. Wheat cash at 1.70 to 1.71, Clover October 15.50, December 15.10 for February, Alsike December 14.00 bid and March 14.16 bid, Timothy cash 3.90 with September and December at 3.90 and 4.00 for March.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Alsike
Timothy
Poultry Market Report Shows Mixed Values
New York on September 21 reports live poultry unchanged and dressed poultry at irregular prices. Trading notes indicate varying demand and supply conditions across markets.
MENTIONED IN THIS ARTICLE
New York
Graham Brothers Rapid Rise to Truck Leadership
Official figures show Graham Brothers shipped 10 800 trucks in the first half of 1926, matching their entire 1924 output. The Dodge Brothers dealer notes early skepticism in 1921, but owners embraced the rugged dependable Graham trucks, driving swift, sustained demand.
MENTIONED IN THIS ARTICLE
Graham Brothers
Keesee
Dodge Brothers
Graham Brothers Truck Sales Rise Through Early 1920s
The article compares overall truck industry declines in 1921 and 1922 with a strong rebound in 1923 and 1924. It notes Graham Brothers sales growth: 1922 up 154 percent on 1921, 1923 up 105 percent on 1922, and 1924 ahead of 1923.
MENTIONED IN THIS ARTICLE
Graham Brothers
United States
Graham Brothers Trucks Hit Record Midyear Output
At mid 1925 Graham Brothers reports daily truck production equal to all of 1924 and 40 percent higher than January levels. The completion mirrors a strong year for the firm as demand and capacity grow.
MENTIONED IN THIS ARTICLE
Graham Brothers
Williamson Gateway Coal Field Empire Ad
An advertisement pitches the Billion Dollar Coal Field as an industrial empire inviting wholesalers to expand via a Williamson branch house. It promotes real estate sales and lists Wall Street Office contacts Edw. R. Juhling and Wm. F. Toney.
MENTIONED IN THIS ARTICLE
Williamson
Wall Street
R. Juhling
Wm. F. Toney
Also Mentioned on This Page
Indus
Coal Property
C. B. Hancock
Bluefield, W. VA
First National Bank
American Coal
Atlantic Smokeless ‘Coal Company
Beckley Steam Laundry
Clinch Valley _ Lumber Corporation
Chrystal Block
Garden Coal For Water Works
Laurel Fork Fuel Co Co
C. Minter Coal Co
Sullivan TL Mead
ahontas @ tering ‘Hardware &e
Asket
Bia
Moses Hyman
Welch, W. Va
Citizens Underwriters Agency
Ray Evans
Peery Building
Blaefield
W. Va
Burke
Roscoe
Wis
Guardian E
By Ahern
the Commercial Bank of
Bluefield
Bernard McClaugherty
Ww. C. Given
Mortgage Service & Real
Commercial Bank Bldg
C. F. Lyda
J. G. Ridinger
Graham Bros. Rapid
Union Street
Union St
Washington St
Cherry Street
Wythe Avenue
College Avenue
Augusta Street
Carolina Avenue
Wayne Street
Boone Street
Raleigh Terrace
Easley-Wilson Co
Commercial Bank Building
T. O.J. Wilson
A. J. Cole
L. H. Layne
R. S. Graham
THE
West Virginia
Princeton
Community Loan Company OF
Bland Street
W. C. Neikirk, Secy-Treas
Isaac T. Mann
James Fiwood Jones
Thomas F. Farrer
A. J. McBride
H. R. Hawthorne
C. L. Alexander
Pocahontas Fuel Company
Pocahontas
Tidewater
Great Lakes
GINAL
Pocahontas Fuel Company ‘Incorporated
Pocahontas Coalfield
Pocahontas Fuel Company, Incorporated
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Maine
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London
Moxey, Savon & Co., Ltd
Lime Street Square
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England
Henry Coe & Clerci
Piazza
S. Matteo
Geneva
Pocahontas Fuel Co., Inc
No. 1
Freckles
By Blosser
Ronnies
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