Failure of Geneva Arms Parley Boosts U.S. Steel Stocks
New York stock market shows strength despite gloom from yesterday’s gaps. Industrial issues recover, rails rise on wage news, and Bethlehem Steel leads with a big gain as analysts price in navy construction demand. Other sectors, including oil and merchandising firms, hit new highs amid firm commodities and steadier finance signals.
MENTIONED IN THIS ARTICLE
Geneva
U.S
U. S
Stock Averages Report From AP Stock Averages by Industry
AP stock averages show 40 industrials 20 rails with Thursday values 169.40 and 148.47 and Wednesday 168.44 148.44. Total stock sales reached 2,385,400 shares. bond sales totaled par value 14,237,000.
MENTIONED IN THIS ARTICLE
Associated Press
Indus
Lear
Wheat Market Edges Lower as Canada Cuttery Begins
Chicago wheat eased early on reports of Canada cutting, with large rust in places. later prices firmed. Corn oats and provisions gained, corn up to 1 1 2 cents, wheat closed steady small gains for the day. Sept wheat 137 5 8 to 3 4 before close. Dec 141 5 8 to 3 4. March 144 1 2 to 5 8. Corn Sept 105 5 8 to 8 4. Dec 108 1 8 to 1 4. March 130 1 4. Cats Sept 44 1 4 to 3 8. Dec 47 1 4 to 8 8. March 50. Provisions unchanged to up 15 cents.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
Canada
Treasury daily balance report from Washington August 4
The daily U S treasury statement lists the balance in the general fund at 171,432,863.70 dollars for today with the Treasury noting the figure in Washington.
MENTIONED IN THIS ARTICLE
Washington
The
U. S. Treasury
Balance General Fund
Lack of Profit Drives Farm Desertion, Says USDA
A USDA survey shows that among farmers who left farms 1917 to 1928 most were farm owners at move time and over half were under fifty. Secretary Jardine cites the need to raise farm incomes, improve farm homes, and support rural makers to keep people on the land.
MENTIONED IN THIS ARTICLE
U. S. Department of Agriculture
Jardine
Bank and Insurance Stock Quotations
Bankers Capital furnishes stock quotations for banks and insurance firms. Prices reflect latest trades and are compiled for market familiarization.
Curb Recovers From Break As Stocks Advance On Oil News
New York August 4 By Associated Press stock prices on the curb market rose after yesterday's decline as President Coolidge was not a candidate for re election. Oil shares led gains with Standard of Indiana Humble Oil and Prairie Oil among movers. Utilities and several specialties advanced while some profit taking trimmed top prices on others. Ford of Canada and several big names including Grand Stores Phelps Dodge Safeway Stores and New Jersey Zinc posted higher values.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Coolidge
t _e
Seminole
Standard of Indiana
Humble Oil
Prairie Oil
Standard of Kentucky
Vacuum and Ohio
Cuneo Fress
Nelaner Brothers
Bordon Common
Westinghouse Air
Bunker Hill
Ford Motor
Canada
Grand Stores
Phelps-Dodge
Safeway Stores
New Jersey Zinc
Foreign exchange rates in New York output list
Foreign exchanges firm quotes for multiple currencies in New York on August 4. Rates shown include Great Britain at 485 1-2 and 485 7-8 for cables, France around 3.91 3-B, Germany 23.78 1-2, Argentina 42.50, Tokyo 47.43 3-4, Shanghai 61.24, Montreal 99.85 15-16, Portugal 5.04, with numerous others across Europe and Americas.
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New York
Associated Press
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Rouminta
Argentina
Brazil
Tokyo
Shanghai
Montreal
Portugal
New York Produce Prices and Receipts Report
Potatoes firm with 7 car receipts from Maryland and Virginia at 3.00 to 3.45 per barrel for No 1 cobblers and Long Island. Cabbages steady on Long Island at 1.25 to 1.50 per barrel, butter steady with large receipts, eggs firm with over 22 thousand receipts. Nearby hennery whites show premiums and close to average.
MENTIONED IN THIS ARTICLE
New York
Associated Presa
Maryland
Virginia
Long Island
Bonds Soar as Volume of Trade Nears High Record
Bond market shows heavy summer trading as the New York Federal Reserve rate cut looms. Volume surpasses 14 million with broad gains across high grade rail mortgages and government issues. Notable moves include Chesapeake 5s to 108 3-4, Union Pacific 41-1/2 to 41-28, and Erie D 48 peaking near 130.
MENTIONED IN THIS ARTICLE
New York
Associated Press
New York Federal Reserve Bank
Chesapeake Corporation
Union Pacific
Burlington
St. Paul
Erie
Brooklyn Union Gas
Third Avenue Adjustment
United States
Shipping News Brief on Empress of France and Montroyal
Shipping notices list the Empress of France sailing from Quebec to Southampton on August 3 and the Montroyal sailing from Southampton on August 2. Providence departed Palermo for New York on July 30, and Hamburg bound for Hamburg sailed from New York on August 4.
MENTIONED IN THIS ARTICLE
Southampton
Quebec
Providence
Palermo
New York
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Broad St
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Bankers Capital Company
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J Sturges
AL Kirk
Ranoace
4A McKill
Danigi Pyle Earle Hepburn
Jonm Keogh
Alf Connor
Siemon
Lawyers Title & Guaranty
Bridgeport
Electric Light & Power Shares, Inc
Central Union Trust Co. of
Electric Light and Power
Hincks Bros. & Co
Main Street
Tatephone
Barnum
North End Bank & Trust Co
Conn
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