Money Still High But Market Advances
The stock market advanced despite high money pressure. New York and Boston volume figures show Steel and Boston Mex. Pet. as active, with call money reaching 20 percent, signaling continued tight credit and cautious speculation across major exchanges.
New York Stocks See Mixed Activity Amid Offerings
High priced oils faced pressure from additional issues of the same class led by Middle States and Sinclair while tobaccos and leathers showed market inactivity. Rails transport inquiries provided slight support but net changes were small. Volume reached 526000 shares with bond markets softening about a point. Par value sales totaled 1520000. Old United States bonds remained unchanged on call.
MENTIONED IN THIS ARTICLE
Telephone
Walworth
Seneca
Treasury
Lewison
Brothers
New York
Tucker, Hayes & Bartholomew
Middle States
Sinclair
United States
New York Market Ends Sluggish Amid High Call Money
In New York, January 20, a 20 percent call money rate marked a dull session as foreign exchange weakness persisted. Gains outweighed losses in several high priced industrials, with United States Steel fluctuating and related shares rising 2 to 5 points. Motors, accessories, and shippings showed steady gains despite late-week pressures.
MENTIONED IN THIS ARTICLE
Baldwin Locomotive
Cru
E’ble
Republic
Bethehem
Bethlehem
New York
Shorts
United States Steel
Money market rates show varied loan and paper costs
Outside brokers report quick call rates at per cent. Customer brokers' loans at 8 per cent. Commercial paper at 6 per cent. Year money also at 6 per cent.
Also Mentioned on This Page
Pennsylvania
West Virginia Coal CO
Somerset Co
Gil*mer Co
W. Va
Our News Service Bureau
Haymarket
Pittsburgh
Barristers Hall
Pemberton Square
Boston
Baltimore
Johnstown
Chestnut Street
Philadelphia
Syracuse
Steel
Mex. Pet
Supreme Court
Swift
N. Y
New York Air Brake
Air Brake
Status of Mercantile Marine
International Mercantile Marine
Hayden, Stone & Co
South America
England
France
Belgium
Germany
Italy
Mercantile Marine
Seneca Financing
Arlington Mills
Transute & Williams
Central Vermont Railway
Grand Trunk Railway
Central Vermont
Grand Trunk
Financial Editor
Federal Reserve System
Federal Reserve Bank of Boston
City of Berlin
City of Frankfordon
Texcalokan Oil & Gas Company
Mid-Continent
California
West
Fred L. Sawyer
Arnings
Texcaloran OL &As
Atock
Texcaloran
C. G. Galbo & CO
Standard
State ST
Mass
Richmond
Providence
Springfield
Consolidated Film Laboratories Company
Palisade
N. J
de Alle
Chester D. Coram
West 42Nd St
Bull Movement
A. F. Dow & CO
State Street
Federal Trade Commission
Washington, D. C
Massachusetts Corporation
BP. O
Universal Tide Power CO
Canal Street
C Y
John A. Knowlton
Trea
Alavarald
Albany Divide
Jax Veseee
Gilliland
Gulfport
Hendee
Allis Chalmers
Boscheseee
Car & F Pf
H& le Ea
Ship & C
Ann Arbor
Int Corp
Sumatra
Gulf
Beth Motor
Booth Fish
Ieee
Burns Bros
Butterick Co
Butte Copper
But & Su
Cerro de Pasco
Ches & Chie
CM & St
Chie & N'west
Coca-Cola
Col Fuel & I
Col & South
Chandler
Chi M & St P
China
Emerson
Erie
Nd Johnson
Fisk
Freeport
Gen Motors Haesiin
Sile &Ile
Goodrich
Gt Nor
Agri
L-Wiles Ist
Mackay Cos
Minn & &T
Maxwell Ist
Maxwell Ck
Nevada
Penn
Pierce Arrow
Tron & St . Y
Wees
Rep I & Sts
St la SF
Sears-Roe
Shell
Studebaker
Texas Co
Utah
Union Pac Pf
Union Divne Eee O
United Fruit
U S
U S Steel
Walton C&c
Westinghouse
Willys
Worthington
Wabash of A
Wells Fargo
West Pac Pf
Western
West Union
Wests A Bk
Wilson Co
Woolworth Co
Arizona
Universal
TIP Top
Silver Reef
Arizona Silver
L. C. van Riper
Stock Exchange
New York Market
Money Market
Milor
Nevada 8
Wm. Cheadle Borders