Stock Market Broad and Strong Gains Across Markets
Transmission of the day shows a broad stock market with New York and Boston strong. Large totals include New York 151,344,200 shares for the year to date and Boston 4,053,645. Steel led NY turnover with 44,400 shares. Boston’s top issue was Bigheart with 1990 shares. Transportation shares gained 1 to 3 points in NY while coppers and textiles also firmed amid eased call loan rates.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Bigheart
Coppers
Iires
People’s Gas
Laclede Gas
Philaelphia Company
Express
Ince
London
Paris
Bank of England
Municipala
U. S
North Butte
Granby
East Butte
Greene-Cananea
Arizona Commercial
Dominion
Calumet & Hecla
Gallagher & CO
Market optimism lifts rails and commodities amid easing money
A broad market advance lifts shares and railroad issues as money conditions ease. Traders anticipate readings on Reading Company plans and court approval, with British investor limits and a bullish tone from major banks shaping the session.
Seaboard Air Line to Extend Note Payback Under Act
Under the 1920 Transportation Act and ICA Division Fournee cooperation Seaboard Air Line Railway may offer holders of a $1,000 note $750 cash with $260 extended to September 15 1923 at 7 percent interest semiannually. Cash payment on maturity and coupons are to be handled via Guaranty Trust New York or Continental Trust Baltimore. Collateral remains first Consolidated Series A 6 percent bonds held pro rata by the Trusts to secure the extended amount. The government loan to the railway is requested to be repaid at maturity with the same security posture as before.
MENTIONED IN THIS ARTICLE
Continental Candy Corporation
Jersey City
Seaboard Air Line Railroad Company
Guaranty Trust Company
New York
National City Company
Lee, Higginson & Co
Estabrook & Co
Richter & Co
Hartford Electric Light Company
Booth Fisheries
American Ship & Commerce Corporation
H. F. Kerr
A. B. Clegg
Kerr Navigation Company
Iron Trade Review
General Petroleum Corporation
Surlus
Anaconda Co Co
Warren Brothers Co
Division Fournee
Inte Commerce Commission
Seaboard Air Line Railway Company
Guaranty Trust Company of
Continental Trust Company
Baltimore
Seaboard Trustes Air Line
Secretary of of the Treasury
Lway Company
Erie
Seaboard Air Line Wallway Company
Commission
United States Railond A
Lway
Seaboard Line
Sevi
Interstate Commerce Commissi
Ile
Tae
Sea Air Line Railway Company
Southern Group
Congress
National City Com
Also Mentioned on This Page
Vienna
Is . A. W. Lincoln & Company
Foreign Exchange
Post Office Square
Lackawanna
Continental Candy
Gray & Davia
American Woolen
Telephone
Swift & Co
New Haven
Boston & Maine
Simms Magneto
Elde
Missouri Pacific
New High
Missouri Pacific Preferred
Jenney
Delaware, Lackawanna & Western Railroad
Hudson & Manhattan
New
York City
Hudson River
American Cyanamid Co
Mullins
United States
Geological Survey
Standard Parts Co
Rome
GEO. H. Perkins
In Inc
Broad ST
YO York
Kilby Street
Minntle
City End
American Relief Administration Atslasue
Hboertin
Iudapeol
Cerne Bangs
Bovtea
Arnee
E. C Reis
Lloyd Ltd., Inc
Eae Tel
Fort Hil
Tesa
Wosten
Mace
Pereres
Inter Corp.ide & L Pf
P & Re Pf (A
Ios
Fancal Ftor
Harvard University Committee of Economic Rpin
Europe
Baedina
Aes Uiusg
America
Baltimore & Ohio
Harriman
Stromberg
Studebaker
Corte de Pasco
Ches & Ohio
United Drake
M & St
Utah
Pro Sneer & South
Columbis Graf
Denver
Rio
Mobile & N
M&n Pf
Clincis Central
Island Oi & T
Kaa City
So Pf
Nynh&h
Pitta & W
Ray Con
Les Ee
Harburger, Kuhn & CO. Investment Bankers
Tremont ST
Tith Flest
Boston, Mass
Salen Ma Emaveta Reas Ee
Soeer
Ois
Air Line Railway Company
Railwa Sonar Ises General
Seab Air Line Railway Company
Wma S. Davies Warfield
Maine Central
Mass
Tel & T
Mary's
Ieee
Ener
Mexico
Market Review
Ash
E. M. Fuller & Co
Fort Mint
Newark
Chicago
Cleveland
Pere Marquette
Emerom
American Tel
Co. P. pDowacon., Inc
Chas. P. Dow, Pres. and
Treas
State Street
F. Redmond & CO
Ovate Ornanr
Germany
Tuc
Nie der
Ty Tebe
Ccesa
Maian
City of
Berlin
Leipzig
Witrington & CO
State St
G. F. Redmond & CO
Gallagher & Co., Inc
State St. Linstan
Biain
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