Market Firm As Last Week Of Year Opens
New York and Boston trading closed firm with Studebaker touching a yearly peak at 147 8 and Marine closed lower after a dividend cut. Oil and chemical stocks rose, while Pere Marquette and Jake Pierce Arrow highlighted earnings and debt reductions.
MENTIONED IN THIS ARTICLE
New York
Boston
Studebaker
Edison Electric Rts
Wyoming
Bares
Pond Creek Coal
Henry Ford
Kentucky
Stewart Warner Speedometer
Stromberg
Endicott-Johnson
Marine
Baldwin
Otis Elevator
American Sugar
Pacific Oil
Phillips Petroleum
Standard Oil of California
Cosden
Pro@peers & Refiners
California Petroleum
Burns Bros. A
Chicago Preumatic Tool
General Electric
Piggly, Wiggly
Wells Fargo
Fisher Body
Ball
Manner
Reading
New York Central
Louisville & Nashville
St. Paul Common
Preferred
Lackawanna
Notice of Redemption for Victory Notes in 1923 Call
Notice to holders and others concerned of partial redemption of 4 percent Victory notes issued as United States Gold Notes of 1922. Only notes with prefixes A B C D B or F are called for redemption on December 16 1923. Other prefixes remain payable May 20 1938. details from Treasury Department circular 138 and 290 and the Federal Reserve Bank. A W Mellon is Secretary of the Treasury.
MENTIONED IN THIS ARTICLE
United of America
Treasury Department
R Terme
Treasu Department
Ne and Currency
Washington, DC
Vfederal Reserve Bank
A. W. Mellon
Secretary of the Treasury
Invest Smartly Before Buying Securities Advice
An old Wall Street adage says a Lamb buys first and investigates later. Readers are urged to examine property value earnings power and price against risk before purchasing bonds from classes A to highly speculative issues. The Boston Post Financial Department offers to answer questions by mail when space is limited.
MENTIONED IN THIS ARTICLE
Wall Street
Post Financial Department
Iruirer
Boston Post
Boston
Mass
International Shoe Co posts record earnings and dividend rise
The firm reports 1923 net earnings around $10 million on over $100.5 million gross, about $9.59 per share on 911,000 common shares. Also notes 1921 results and big copper surplus trends, and mentions Allied Chemical dividend, Ford coal buys, and general 1923 optimism amid reparations talks and rail earnings outlook.
MENTIONED IN THIS ARTICLE
W. H. McEwain Co
Kistler, Lesh & Co
International Shoe
Market Opens Strong After Holiday Trade
Financial notes show a firmer start with Stude baker leading the specialties and broad markets steady. Ex dividend action in Studebaker cited around 122, with eight percent investment basis, while Baldwin Maxwell Motors American Tobacco and Indus Alcohol also rose. Marine preferred dipped on dividend cut, industrials mixed, copper firmed slightly, and metal price trends seen as rising.
MENTIONED IN THIS ARTICLE
Studebaker
Wesday
Lim
Baldwin
Maxwell Motors Aohnson
American Tobacco
Indus Alcohol
Bond market values and government securities listing
A dense roster of bonds across governments and municipalities appears with varied yields and ratings. Notable entries include Rio de Janeiro city issues, French and Dutch government notes, Chile, Cuba, and Uruguay bonds, and railway and utility securities from North America and Europe.
MENTIONED IN THIS ARTICLE
Ee Municipal
Rio de Jan
Soissons Os
Zurich
Dept of Seine
France
Dom Canada
Rip Len
Oaks
Paris-Lyone-Medit Can
Chile
Cuba
Colombia
Haitia
Uruguay
Quensland
Rioer Do Sul
Ori Pau
Duitch E Indies
Imp
Japanese 2d Ae
Paulo Sf
French Republic
Dutch FE Indies
Holland-America
King of Belgium
United
Copen
Y City
NY City
Aw Tel & Tel
Tel & Tel
Atl & Char A
Atlantic Coast Line
Atlantic Coast List Con
Atl Coast Llan
Atlantic Fruit
Bootheset
Barnadall Ci
Beth Steel Let
Beth Steel Rig Se
Beth Ieee E
Brier HN
Edis
Cen Sa
Bklyn Reet
Gates
I Cine
Caroline Clinch & O
Cincinnati Gas Fe
Cuba RR
Cumberland Tel & Tel
Delaware & Hudson
Gary
Ian
Treasury 41 48 bonds move toward par on price gains
The treasury 41 48 notes touched par for the first time since Oct. 17 after trading as low as 98.90 during the past two months. The second 4s rose 4 cents on 100, with active issues advancing 2 to 13 cents except the third 41 48 and Victory 48 4s which rose modestly.
MENTIONED IN THIS ARTICLE
BOND
Treasury
Victory
Also Mentioned on This Page
The
Chicago
State Street
Pete Marquette
Ventura
John T. Connor
United Shoe Machinery Common
Island Creek
Waldorf
Pond Creek
Elder Manufacturing
Edison Electric
International Cement
Pacific Mills
Calumet & Arizona
Quincy
Mohawk
Pere Marquette
Pere Marquette Railroad
Jake
Pierce-Arrow
Pierce-Arrow Motor Car Co
M. E. Forbes
International Shoe Co
Arlington
New England
Lbert H. Chamberlain
Whitney & Elwell
New York and
Financial General
White Oil Corporation and Subsidiaries
Cudahy Packing Co
Ford
Allied Chemical
Asterday
St. Louis
Eastern Steamship Lines
Paris
Europe
Ventura Consolidated Oilfields
Brooklyn Rapid Transit
New York, Ontario & Western Railroad
Union Pacific
Buffalo, Rochester & Pittsburgh
Harvard Committee On Economic Research
Otis Elevator Company
Ee A Batistae
Steel Corporation
Waldorf Lunch Company
Bave
Uci Sefinite
Ess
Federal Reserve
Financial Editor's Notes
BY A. J. Bean
Chicago Grain Market
Inter Met
Mlinois Steel
Peoria & Eastern Inc
Uteh & Tract
aterborough-Met
Pere Marquette Rig
Philawail
Utah & Light
Interbor Met
Sok Copeal Gan
VeCarGh Perrecess Af
t&So
Great Northern
West Penn
Tibcattak
Uthern
L& Ban
Siarenah Bet
Seabir Line
Liggett
Sinclair Crude
Inclair Pipe Lines
Pacific Cvt
Pacific & Northwest Ss
Pacific Col Trashy
San Francis
Southera
Southers
Bel
Ex& Lctat Ss
Idval i
Ieee
100
Mo Kan & T
Kan & Tex
Mo Pacific
Morris & Co
Gales
Bane
Oregon
Oregon-Wash
Otis
A Og Smithiae
Corks Serine Hows
Ectric Company
Ea Oniecen
Standard Es
Eer
Mage Modern Pelegaeiencaate Tobe
Standard Ga Gas and Electric Co
H. M. Byllesby and Co. Investment Securities
New Haven
Northwestern
Toledo
St. Louis & Western
Iron Mountain
Pennsylvania
Populara
Metor Cars
Ins
Seeger
Ly Satis
Iestaas
Sah Gg Ide Og Agis
Bry Meare Jaw
Copley Plaza