Trading in Bond Market Becomes More Active Pool Activities Cause Stock Rise
Speculators for the advance reclaimed control of the market as pool activities resumed, lifting prices 4 to 10 points in many issues led by industrials. Cotton futures spiked then retreated, wheat saw profit-taking, and sterling exchange hit a seasonal high. Auto and industrial stocks rallied with notable gains in Bethlehem Steel and General Motors amid expectations of dividends or stock actions.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Ita
Sterling Exchange
London
Baldwin
Burroughs Adding Machine
Collings and Aikman
DuPont
International Harvester
Postum
Vulcan
Automotive Group
Automotive
Mullins
General Motors
Yellow Truck
Gabriel Snndriders
Bethlehem Steel
American Linseed
Commonwealth Power
American Machine and Foundry
Maytag
U. S
Sterling Products
Reynolds
Stock Transaction Trends Across Regions for July to September
Campiges Associates presents best estimates for 19 sections for July August and September, showing percentage changes from last year. Railroads and shippers expect the current quarter to be most active in Centre Western Allegheny and Southeastern regions, while losses are anticipated in the Southwest and Pacific Northwest. Unusually high cotton shipments are expected and petroleum increases point to a third quarter iron and steel rail shipment decline of about five percent.
MENTIONED IN THIS ARTICLE
Western
Allegheny
Southeastern
Southwest
Pacific Northwest
Freight Car Needs Reflects Stronger 1927 Rail Activity
Rail freight volume signals business upturn with third quarter 1927 car needs projected at 9,992,580 surpassing 1926 demand of 9,576,363 cars. Thirteen regional carriers advisory boards provide ongoing estimates guiding industry outlook.
Foreign exchange rates New York Aug 9
Foreign exchange rates listed by Quoted prices in cents for major currencies including Great Britain France Italy Belgium Germany Norway Sweden Denmark Switzerland Spain Greece Poland Czecho Slovakia Jugoslavia Austria Roumania Argentina Brazil Tokyo Shanghai Montreal Portugal with bid and cable figures and bank bill quotes.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Great Britain
France
Italy
Belgium
Germany
Helland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakia
Jugoslavia
Austria
Roumania
Argentina
Brazil
Tokyo
Shanghai
Montreal
Portugal
Metals Roundup Ahead of Markets and Treasury Balance
METALS NEW YORK AUG 9 COPPER steady electrolytic spot and futures 1938 TIN firmer spot and nearby 65.12 October 65.00 TRAN steady and unchanged LEAD steady spot 6.75 ZINC easy East St Louis spot and futures 6.32 to 6.45 ANTIMONY 12.00 QUICKMIVER 121.00 WASHINGTON AUG 9 Treasury balance in general fund today 151 950 158 4993
MENTIONED IN THIS ARTICLE
New York
Associated Press
East St. Louis
Bond and stock market averages on Tuesday headline
Bond market averages show ten rail issues at 95.73 and utilities 96.60 while combined figures read 97.73. Industrials at 101.30 mirror broad moves with totals of 9.4 million par value in bond sales. Stock averages place industrials at 167.16 on Tuesday with week and year comparisons and total stock sales at 1,625,300 shares.
MENTIONED IN THIS ARTICLE
Associated Pris
Indus
Shipping arrivals list reflects multiple ports and dates
Shipping notices show vessels arriving in New York from various ports. Entries include cleveland and havre routes, with August dates. Other ships named Nieuw Amsterdam, Minnewasta, Leviathan and Liver sailings noted between August 3 and August 8, with Montreal and Southampton listings.
MENTIONED IN THIS ARTICLE
Cleveland
Hamburg
New York
France
Havre
Nieuw Amsterdam
Rotterdam
Minnewasta
London
Berlin
New
Caltic
Yooo
Bremen
Liver
Montreal
Southampton
Quebec
Canada
Leviathan
Louthpton
New Strength in Utility Shares
New York August 9 Renewed strength in public utility shares led the curb market today though overall list showed uneven movement. Major gainers included Standard Oil of Indiana, Habershaw Electric, American Gas and Electric, Electric Bond and Share, and United Gas Improvement while some issues such as Lehigh Valley securities and Goodyear preferred lagged.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Standard Oil
Indiana
IlMnois
American Gas and Electric
Electric Bond and Share
United Gas Improvement
Habershaw Electric
American Power and Light Preferred
General Baking
Cuneo Prags
International Cigar Machine
P. J
Berry Company
Canadian Cement
Philip Morris
Lehigh Valley Securities
Borden Company
Goodyear Preferred
Glen Alden Coal
Gillette
Bank and Insurance Stock Quotations Summary
Bank and Insurance stock quotations list various banks and insurers. Entries mention American Surety Bankers Capital Company Bank Co Op N X non par value Bank Cant Bankers Fr Bead and Mortgage Guaranty, Lawyers Mortgage, Lawyers Title and Guaranty Mortgage Bond, Southern Guarantee, New York Title and Mortgage, and Southen Bureau. Stock series include Tr. Sh. and other designations with numerical values like 12% and 13 14.
MENTIONED IN THIS ARTICLE
American Surety Bankers Capital Com
A. Bank Co. Op
N. X
Bankers
Nokana Americay Uchange
Bank of
Amer
Bank of Amer
Bank of Manhatten Cooo
Bank of Manhattaan
Bank
Yani Frust
Theryast
Chathaus
Phoenix i. T. Ueiana
Themeal Nathueal
Suats Iitsehange Hank
Lontal
Inpire ‘Trust ‘ Amitable
Ue No Itty A Bank
Ain An
New York
Money Market Rates Hold Steady In Early Trading
Call money steady with loans at 3 to 4 percent and closing bids at 3 3/4. Time loans also steady with mixed collateral. 60 to 90 days quoted 4 1/8 to 4 1/4 percent and 4 to 8 months at 4 3/4 to 4 1/2 percent. Prime mercantile paper shown at 3 3/4 to 4 percent.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Prime Mercantile
Bond Trading More Active Convertibles Show Strength
New York August 9. Strength of convertible mortgages and a few foreign issues featured the bond market today. Trading was more active than yesterday but short of last week’s final surge. High grade railway and industrials eased after early firmness amid profit taking. Cuban government 41-28 rose to a new yearly high, with $290,000 bonds changing hands at 97 1/4. Convertibles such as Erie D, Brooklyn Union Gas, and Delaware and Hudson gained two to four points following stock trends. Public offerings at par and interest for tomorrow total 12 million for National Radiator sinking fund bonds.
MENTIONED IN THIS ARTICLE
Lane Low
New York
Deere Copi
Ito Veirolt
Ajax Rubber
Alaska
Duluth
Aly Ag
Aly Channer
Nix
Kodak Us Ik
Nian
Ant Hank
Bert Suig
Elaemont Bros
Ftndls Corp of
Am Brown
ALG
Stallroad Securities
Aish
Elre
Cape
HI Horn
Lew Crean
Endicott-Johnson
Ogue Sono Rewdington
Republic Lev Steel
Dow
Guy Reynolds
Erle
Reynolds Ty
France
Katety Cable Co
Sot
Joseph Lendl
Firth Ave Bus Agi
Lang St Louis
Ay Attack Co
Ste
Ab Gaedner Motor
Lo Shubert Theatre
Am Shipbuilding
Ds To
Buo Simmons Co
LO An Pinelting
Hefsy Wty
Saul
Sinmong Cn P
Snelaie
Sibo
Porto
Heurs
Edison
Southeen Dairies
Wis
USA
Armour Co
Delpery
Ty Ag
Joes Snk
Ig Og
Assa Dry Gil Re Corp Iy
Assa Dry Gas
Nor Lrore
Ste Warner Pd
Atchison
San
Atenion
Vie Luz
Coast Line
Suga
Greeny
Biba
Superior Steel
States Steel Ty Be
Tom Asif Fehals
Hartman Corp
Tlartmann Corp
Ohio
Baltimore
Tay
Hollander ‘Son
Wangan
Fausto
Thompson
Ular
Rudson Maur
Tidewater
Hudson
Central
Bay Bay
Underwood
Brooklyn
Wenna
Inepi Copper Ty
Agri Corp
Hutie Co
Pe Corp
Tim Vatlitt
Ray
Jones Lelia
Yanadian Corp
Corr
Kelly Spring
Yuliya An Vion HC
Stare Tees Ohhae
Kreaze Sp Leinning
Ats Alton
Krers Co
Kreage
Waliagle
Rat
Lee
Loose Wiles Msc
Jan Cnristie
Bey
Toril (Pierre) Co Ee
Sothern Iz
Magna
MaYhuson Ca
Mallinnon
Ny Mnnir
Cherit
Vanmereial
Mar Dept
Tate Mastag
Aga Inve
MD Consolidated
Entang
Tower
Lowe
Bi Rou
Muto Motor
Axva
Nash Motors
Nat Bel Hess
Nev
Ortin Am
Orte Filevator
Otis
Owen Fae
Hy Associated Press
Ant
Erie “D
Brooklyn Union Gas
Delaware
Hudsan
Chesapeake Corporation
Chicago
Eastern Illinois
Northwestern
Jeter
Liberty Fourth
Ational Radiator Corporation
Frost Damage Signals Wheat Price Movements
Grain markets in Chicago show frost damage in Canada weighing on wheat, with profit-taking from prior buyers. Wheat opens lower then moves mixed. corn and oats firm to mixed. oats rise modestly while prices for oats and corn swing around yesterday’s close amid unsettled wheat.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
Canada
Cotton futures close higher on steady trading
Cotton futures closed easy with gains from 55 to 68 cents. October quotes were 19.60 to 19.70, December 19.00 to 19.93, January 19.95 to 20.00, March 20.10, May 20.23. Spot market quiet with middling at 19.95.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Clearing House Financial Update From New York
New York reports on August 9 clearing house activity with total exchanges at 81,292,900,000 and balances around 113,000,000. Federal Reserve Bank's credit balance is listed at 57,000,000.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Pank
Also Mentioned on This Page
Campiges Associates
Best of
Btn
New England
Atlantic Allegheny
Ohio Valley
Trans
Pacific Coast
Treasury
Washington
United States Treasury
Balence General Fund
Old Colony Corporation
Inqueries
OLD Colony Corporation OF Boston
Pearl Street
Hartford
Remington Arms Company, Inc
Charles E. Doyle &Co
Wall Street
Stephens
John
United Loan Corporation
Fairfield Ave
Cor
Quiet & Courteuas
Fidelity Loan Corporation
Middle St
Cor. John Bet
John & Wall Sts
Barnum
Hodson
Y. E. Willard & Cq., Inc
West
Bridgeport
First National Bank
Hedson
Archive
Standard Oil of
Bank and Insurance
Bankers Capital
Conservative Mortgage Investments
Florida
Georgia
Citles
Title Guaranty & Trust CO
1St National Bank Bldg
the Mutual System
Bank Street
Bankers Capital Company of
Connecticut
New Haven
Bridgeport, Conn
New Terk
Hoh
Gunker
J. A. Kirk RJ
Randall H A McKill
Daniel Pyle Earle Hapburn John Keosh
A. F. Cannon
G. F. Simon
New York City
Badgeport
Noble
Fairfield
Stratford
Milford
Ansonia
Orange
West Haven
Hincks Bros. & CO