Market Irregular Financing Points In Yesterday's Market
The New York market showed strength with active trading and sharp gains in many low grade issues while standard rails and major industrials lagged. Notable movers included Island Creek Coal and International Cement while United States Steel faced pressure amid mixed December earnings summaries and corporate financing moves across multiple sectors.
MENTIONED IN THIS ARTICLE
New York
Boston
Transcontinental Oil
Island Creek Coal
Gas
Gulf States
Crucible Steels
Pan-American Petroleums
Kelly-Springfield Tire
American Sugar
Consolidated Gas
Famous Players
American
Chandler and Studebaker Motors
United States Steel
Federal Reserve Board
Department of Commerce
Financial Editor's Notes on Foreign Bonds and Markets
A State Department statement on foreign bond issues in American markets notes no compelled oversight, but signals possible objections to specific issues. The piece surveys gold flows, debt refinancing, cotton and wool stocks, railroads, and corporate outlooks including American Woolen, Atlantic Gulf, United Shoe Machinery, and General Motors, with expectations of 1922–23 market trends.
MENTIONED IN THIS ARTICLE
State Department
Department of State
Department
Local Man Dies After Sudden Illness in Salem
Llewellyn Prescott aged 60 of 1% Bridge Street Salem was seized by a sudden illness near 20 Reagan Street yesterday and died on arrival at Relief Hospital.
MENTIONED IN THIS ARTICLE
Llewellyn Prescott
Bridge Street
Salem
Reagan Street
Bond Market Slips in Mixed Trading Across Issues
Trading showed mixed results with total sales at 17.9 million against 20.4 million yesterday and 14.2 million a week ago. January 1 to date sales reached 79.38 million versus 557.99 million a year ago and 723.98 million two years earlier, amid broad activity in Liberty issues and corporate bonds across various maturities.
Syndicate forms to offer 25,000,000 francs Midi bonds
A. Iselin & Co., Hemphill Noyes & Co., and Halsey, Stuart & Co. form a syndicate to offer 25,000,000 francs Midi Railroad Company 6 per cent foreign bonds. The notice lists bond series and participating underwriters among other listed securities.
MENTIONED IN THIS ARTICLE
A. Iselin & Co
Hemphill, Noyes & Co
Halsey, Stu & Co., Inc
Midi Railroad Company
Compagnie Des Chemines de P' du Midi
The Case of Varns Contained in 1 Gunday Post
Story by Hugh Pendexter features Fanchon Yarn and another mystifying tale involving Jeff T in The Case of Varns. Details indicate serialized fiction appearing in the 1 Gunday Post.
MENTIONED IN THIS ARTICLE
Fanchon
Jeff T Fanchon
Hugh Pendexter
Varns
Fragmented OCR shows rail and river line notes
Irregular text lists rail lines and weights with numbers and abbreviations. The fragment references Wabash, Virginian, and Co lines, tonnage figures, and routes. Details are unclear but indicate a transportation or railway ledger with line codes and quantities.
Composite listing of international bonds and notes
The text lists various foreign government bonds and securities including Argentina France Denmark Japan Italy Netherlands Norway Canada Chile and Denmark with bond series such as 5s 7s 6s and 8s, amounts like 109K, 10586 Cy of Danish, and notes on Paris and Tokyo issuances. It appears as a catalog of international debt instruments with varying denominations and maturities.
MENTIONED IN THIS ARTICLE
Dept of Seine
France
Firte &S Y Ss J
Cy of
Copen
Netherlands
Norway
Sicien
Canada
Chile
Ates
Irregular Bond Market Tone Confounds Dealers
The market shows irregular tone with gains in some international issues and improves in British Belgian and Swedish bonds. Domestic junior rails rise but the overall picture includes notable gains and losses with Liberty issues heavily oversubscribed and closing mostly higher. Washington signals scrutiny over foreign underwriting by U.S. bankers.
MENTIONED IN THIS ARTICLE
Nin Youruw
Maren
Unitee
State Department
Washington
Bond Notes and Municipal Issues Roundup of 1922 Traction
Bond notes mention Trine & Co and A Va lin & Co of New York with new issue of 1 81 909 000. First mortgage bonds dated 1922 due 15 years 7 percent with sinking fund. Philadelphia Rapid Transit System first mortgage bonds sold at 11 1/4 with accrued interest yield over 6 1/2 percent. Massachusetts serial bonds issued at 4 to 4 12 percent across five issues. Los Angeles maturities up to 1952 1962 largely distributed. Anaconda Copper bonds series A 6 percent and B 7 percent due 1929 offered near 6 percent yield. Detroit City bonds up to 11 million to be sold. South Dakota soldiers bonus bonds 6 million paid on due date March 1. Municipal issue totals and bids noted.
MENTIONED IN THIS ARTICLE
Sinclair
Consolidated Oil Corporation
Eric
Southern Pacific
Ilinois Central System
Pennsylvania
Colorado & Southern
Rutter & Co
New York
Chicago, Milwaukee & St. Paul
American Chicle Co
Atlas Tack Corporation
Atlas Tack Co
Alaska
Allied Chemical
Allis-Chalmers
Brake
Hide & L Negee
Hide & L Pf
Teewennes A
Inter Corp
la France
Lin Oil
Lin Oil Pf
Arm Ship & Com
St Foundry
Sumatra
Tel
Ann Arbor
F.pf
Seaee
Gh.&w
A.gi.&w.spf Wee
Atlas Tack Corp
Austin-Nich
Balt
Ohio
Beth Steel
Booth Fisheries
R.t.etf
Brook
Butte Bros
Burns Bros
Butte
California
de Pasco
Fi & Rt
Neu Tool Vow
Coe
Cola
Col Fuel & Tron
Col & Southern
Columbia Gas
Columbia Graf
Colum Graf
Con Cigar Corp
Con Gas
Eves
Dewison Chem
Udson
Deack & W
Detroit Edison
Domeines
Elee Sto Bat
Hartman Corp
Houston Oil
Indiahoma
Hupp Motor Car
Inspiration
Interboro Con
Interboro
Int
Ag Corp Oe
Cement
Jones Bros
Kansas City
Kansas & Gul
Kelly Tire
Kelsey
Kennecott
Oca
Lima
Loville & Nash
McIntyre Mines
Mackay Cos
Manati Sugar
Manati
Bangios
Sarnet Bt Ry
Marlan
Mathieson Alka
Miami
Midvale Steel
Minn & &T L
Missouri K & T
K& T P
K& T Wi
K& T Pf
MK & Twins
Missouri
Nat Biscuit
Nat Enam & St
Nh&h
Ont & W
Norfolk Outh
Norfolk & West
North
Eceadare
North Am
Northern Pacific
Nova Sco. Steel Orrgart
Nunnally Coseneee
Okla. Pro
Otis Elevator
Otis Steel
Owens Bottle
Pacific Develop
Pacific Gas
Pacific Mail
Pan. Am. P
Pan.Am. Pet
Penn
Sea Sea. Steel
People’s Gas Saeeee
Eor
Pere Marquette
Pere Mar. P
Pere M. Val Pt
Philadel
Pierce Oil
Pierce-Arrow
Pitts. & W. Va
Pond Creek
Producers
Robe
Robert Pf
I & Steel
Royal Dutch
St Joseph
St Loui & ST
GOO St L & SF
St Louis
Santa Cecillia
Seaboard
Seneca
Studebaker
Sweets Co
Texas Co
Texas & Pacific
Tex Pac C
Linion Pacific
United Drug
United Fruit
U.ry
U.8.c.lp.& Fogi
U. 8. Express Eevee
S.steel Pf
Itah
Utah Se.Corp
Vanadium Corp
Raalte
Ch.pf
Weber & Hell'r
Wells Fargo
Maryland
W.M
Atic Land
Pacific Pf
West Union Tel
Westing. el. & M
Wheeling & L
Wickwire Steel
Willys O'land
Wilson Co
Woolworth
Erences Trine & Co Gud A. Valin & Co
Philadelphia Rapia ‘Transit System
Darby, Media and Chester Street Railway Company
Firet
Harvey Wisk & Sons
Casatta & Co
Philadelphia Rapid Transit Company
Isee
Massachusetts
Merrill, Oldham & Co
R. L. Day & Co
Los Angeles
Guaranty Trust Company
Anaconda Copper Mining Company
Detroit
Michigan
South Dakota
New
Yor
Also Mentioned on This Page
Union Pacific
Sinclair Oil
Island Creek Cos! Common
International Cemert Common
John T. Connor
American Telephone
United Shoe Machinery
Swift & Co
National Leather
Libby McNeill
Mass
Union Pacific Railroad
Los Angeles & Salt Lake Railroad Co
Los Angeles & Salt Lake
Dent Dixon
Tobacc Pro Corporation
Annal
Siness
National Cloak & Suit
National Cloak & Suit Common
Denver
Rio Grande
Denver & Rio Grande Railroad
Denver & Rio Grande
United Drug Company
Financial General
American Zinc, Lead & Smelting Co
Silver Dike Mining Co
Great ‘Alls
Mont
American Mine
Silver Dike
Silver Mie Co
Amerian Zinc Co
American Ship Building Co
General Baking Co
Kell Bakery
Financial Editor
By A. Bean
Harding
Fordney
Atlantic Gulf
U. S
Kelly- Springfield
Utah Copper Co
Charles Hayden
General Motors Corporation
C.p.dow & CO
Consolidated Stock Exchange of New York
State Street
el Paso Electric Co
Stone & Webster, Inc
Gon
N. Y
Prev High Low Sa
Jennery Reeve
Chicago Grain Market
Expressman
Oly
Boston & Ely
Bost & Mont
Boston Wyoming Ne
Eureka Croesus
Gadsden
Highton
Gulf
Warren
Ahmeek
Allouez. Esses
Ag Chem
Am. Ag.Ch Pf
Atl Gulf & Wire
Atlas Tack Ea
Bos & Albany
Bos Elev Nee Aeeeee
Bos Elev
Baldwin Loco
Bos & Me
Bos & Provid Seere
Cal & Arizona
al Ecla
Carson Hill Spears
Mil & St P
Chino Co Ee
GM R Colee
Cooper
Davis Dal Fi
East East Land
Eastern
Edison Electric
Fam Playessen
Gardner
General Electric
Fyaay & Foust Saves
Y & Davis
Greenfield T&d
Helvetia Race
Hood Rubber
Lake
Tel & Tel
New Haven
New River
Nipissing
North Buttelfly
Prie Mills
Pierce Arrow
Amny Ad
Rhannov
Goa
Nota
Ihan
Sup & Boston
Ty Me
Saift& Co
Swift
Ob Us
Trinity
Tuolumne
Utah
Ventura
Victoria
Waldorf
Warren Bros
Waltham
West End
Willys-Overeebee
Liberty
Col & So
Joint
Sen
Libertah
Aida
TS Ae
Cuba
Dall & Waco
Padi & Wey
Sarre
Eric cv
Eric Ev
St. A
Kk & T Rfe
Mo Pac
Satek
Gevnapvas Ui Moat Power
Mont Tram
Erie Ct
Sateasts Vale A & Jermour Co
Natl
Otis Steel &S
Des Eons Dew
Pas T& Te
Sean
Beth
Brader
Bklyn Kk
Bki
Curb Indmstateals
Pitis
Rfi
lPeer & Tring
Pires
Invincible Oil
Depo
Chi
Ches
West
Ana
Berie
Gesreecas
KC Fts & M
Kan City
Ican City
Kelly
Wil
Lorillard Cos
Seal
Woo
Stam
Biaitins
Sea
Cc ‘Hile Coppe
Mele
Nw&h
Nh& i
Pao
United Dr
Tha
Fa United
Eee
Norf & W
Pitts
Seiedaek
US Realty
Mob & Ohio
Acme Coal
Acme Packers
L& P
Bkrs
Eneeee
Bkrs Peste Neeeewee
Cleveland
Bkre
Heyden Chem Aceytuenenem
Glen Alden
Wy Radio Corpn
Radio Cor
Wayne Ae
West End Chem
Allied Peecheer
Eenedeess Anglo-Amer
Peeee
Arkansas Gas Blyth
Boones Pewesee
Bos
Seeenee
Fensland Eereee Glenrock
Gilliland
Hudeson
Livingston Pete
Maricabo
Merritt
Mexico
Noble Seer
Northwest
Ohio Ranger
Renee Tenes
Omar C & G Mountain
Ee Peensee
Simms Pete
Sapulpa
Ti Ee
Lebanon
Pawn Ene
Wilcox
Nesses Bly
ABC Metals
Osete
Montana
Caledonia
Alumet & Jerome
Arizona
Salvador
Eureka
Croesus
United Eastern
Cen
Nyc
Orbeeeanen Dee
Ecroa
United States Treasury
Salomon Bros. & Hutsler Boston
United States
Er le
Bic
Seepenee
Senet Ing A
Sia
Belke
Aw Zgyey
MUO UT
Mary Moe
Belg
Denmark
Gt Brit & Hen
Iwi
Italy
Cy. of
Money Market
F. R. Bank Credit
Fonen Et Peereeee Ol
Greece
Argentina
Fey
Bost
Tin
Bigelow, Bowditch & Co
Ar Mar
Seeberes
Renee
Eewens