Foreign bonds strong and mortgage markets quiet
Foreign government issues led bond activity on the New York steel exchange while domestic mortgage trading remained subdued. Mexican bonds rose amid Washington talks on recognition and debt arrangements, French issues hit new highs, U.S. government bonds stayed firm, and select rail and industrial bonds showed limited moves with Bethlehem Steel Refunding up and Montana Power down. Total sales reached par value of 1,496,000.
MENTIONED IN THIS ARTICLE
New York
New York Steel Exchange
Washington
Republic
Soissons
U.S
New Taven
Erle Frier Lien
Feathorsh Air Line
Bethlehem Steel
Montana Power
New York Butter Market Steady With Mixed Demand
The New York butter market shows steadier prices and slight demand improvement with extras and firsts trading near previous levels. Reports note unsettled conditions on fresh butters, while various grades and regions including Wisconsin, Pacific Coast, and Massachusetts show mixed quotes and cautious activity.
MENTIONED IN THIS ARTICLE
Wisconsin
Americas
Pacific Coast
Mrsia
Brisk Rise in Oils Marks Otherwise Dull Session
Stocks opened higher but eased into a dull session with bear pressure. Strength in Smorada fuel and California assets supported gains while Steel slid after earnings concerns. Major movers included Standard Oil of California up, Goodyear high, and American Tobacco rising on withdrawal of a court petition. Railroad shares showed little change and money markets remained steady around 1/2 percent.
MENTIONED IN THIS ARTICLE
York
Smorada
Jwhien
California
Standard Oil of
California Petroleum and
Ally
Porto Lican
American Tobacco
American Chile
Command
Che American Smelting & Refining Company
Native produce prices and arrivals slow and steady market report
A Telegram bulletin from the State Marketing Bureau notes farming supplies rising, with vegetables and rhubarb arriving and weather shaping shipment speed. Fruit lines hold near last week’s prices, livestock and poultry values mixed, calves high near 25 per 100 pounds, and Western markets showing sporadic steadiness amid rising receipts.
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Marketing Bureau
Boar of Agriculture
Loug Markel
Tregular
Fruifla
Ovelables
Wwenk
Peratoos Wees
Cathagrs
Ab Mertewit
Arket
Lerser
Raven Acith Jask
Kennery
Concannon Shear Go In Petition For Bankruptcy
A bankruptcy petition lists liabilities around B.038 with main creditor G J MacParlane of the Stratfield hotel Bridgenart owed 1138.10. Other creditors include Maxwell Manning Moore Bridgeport 1450 con ditional bill of sale, Aytes Ball Waterybury 294.85, Machine Company Stratford 494.66, Bridgeport Belting 44.06, WW Burriy Bridgeport 704, Dell C Oviatt Milford 700, John A Corneil Bridgeport 890, Bridgeport Trust Company endorsed note 2700. Near creditors include Bradarad Iron and Steel New Haven Printing Chattlesdon company and others.
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W. Conrannen Ogden Street
Bridgeno
L. Id Enurl
Auringer Concen
Bridgeport
G. J. MacParlane
Stratfield Hotel
Bridgenart
Maxwell, Manning & Moore
Aytes Ball
Weterbury
Machine Company
Stratford
Bridgeport Belting Company
Burriy Compiny
Dell C Oviatt
Milford
Tohn A. Corneil
Ridgeport. Trust Company
Bradarad Iron and Steel Company
Rsa
New Haven Printing
New Mavena Camping
Chattlesdeon Pan
Bradier & Vis
CurB market activity hints at cautious recovery in oil stocks
In New York curb trading April records show tentative upward moves across oil majors and supporting firms. Independent and mutual offerings rose while Maracaibo Oil bond prices hit new highs. speculation grows about a possible stock dividend at United Profit Sharing and capital changes at a March directors meeting.
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New York
Earl Stocks
Toda
Maracaibo
Ne Oi
Turman
Lowing Jewels
Thadvaics
Nest
United
Anting
Mar
Pdyran
Jesuss
Cleveland Motors Weld Shetr Peqund
Gardiner Moetors
Ratnings
Money Market Note Stays Steady Amid Rate Fluctuations
In New York Money markets show the rate at 213 with high activity and a 1 percent preference for Spin Abs pre ferred while lenders watch for acceptances and liquidity as tones shift.
MENTIONED IN THIS ARTICLE
New York
Amit
U S Auto Output Seen At 3 Million In 1923
The Business World reports a forecast that U S auto production could reach about three million vehicles in 1923. Demand is described as rising with plentiful materials and improving employment, though producers fear overcapacity and market saturation.
MENTIONED IN THIS ARTICLE
United States
Wheat Market Rises on Liverpool Advance and Weather
Chicago wheat prices moved higher today amid heavy selling pressure, aided by a Liverpool advance and poor spring crop weather across Canada and the U.S. Northwest. Corn and oats gained as traders weighed likely European imports and near term adjustments. some profit taking limited gains.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
France
Germany
Siipmant
Europe
Sante Fe R.R. Income for 1922 Decreases
New York April ad Net ape rating shows the Atchison Topeka Santa Fe Railway reports income of 40,003,402 for 1922, down from 41,268,307 in 1921. The annual report notes reduced other income in 1922, with net corporate income totaling 94,382,370 versus 49,301,862 the prior year after dividends and allocations.
MENTIONED IN THIS ARTICLE
New York
Atchison, Tropeka & Santa Ie Railway Company
Valve Makers Buy More Real Estate for Plant
Jenkins Brothers, local valve manufacturers, acquired 70 feet of Main Street frontage from James P. Gregory for about $24,000. The town clerk and broker Thomas A. were involved in the deal.
MENTIONED IN THIS ARTICLE
VALVE
Jenkins Brothers
James P. Gregory
Thomas A
Inland Steel boosts dividend and raises common stock payout
Inland Steel directors set a quarterly dividend for new preferred stock at 1.75 dollars and raised the common stock dividend from 25 to 6.24 dollars per quarter. In New York, United States Steel Corp declared its regular quarterly dividends of 1.25 percent on common and 13.4 percent on preferred stock with a March 31 quarter report showing earnings of 24,750,080 dollars and a surplus after dividends of 4,859,351 dollars.
MENTIONED IN THIS ARTICLE
Omigago
Associated Press
Inland Steel Company
NEW Yok
United States
Depreciation of Mark Forces Budget Revision
An Associated Press item notes depreciation of the mark prompts a revised 1823 budget. The pacific treaty payments are redrafted with currency set at one dollar to 20,000 marks, announced today.
MENTIONED IN THIS ARTICLE
Emglin
Associated Press
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