Merger News Drives Sharp Moves on Curb Market
Irregular price movements appeared in the curb market with a broadening tendency as oil shares weakened on gas line and crude price cuts. Norwalk Tire, Eastman Kodak, Kelvinator and other issues posted varied gains and losses amid merger chatter and dividend signals. utilities mixed on merger reports and power stock shifts.
MENTIONED IN THIS ARTICLE
New York
Humte
Ohio
Prairie Ol and Gas
Prai@ Pipe and
Standard Oils
Indiaa
Kentucky
Norwalk
Rec
Waalkan
Associated Gas & Electric
National Power Rd Light
Power Corporation of New York
Southeastern Power
Light
Prices in New York Butter and Dairy Markets August 17
Butter steady to higher with creamery and salt varieties at 41 to 45 cents. Cheese retail and milk prices listed. wholesale milk price at 2.33 per 100 pounds, No. 1 fluid within 210 miles. Potatoes, dried fruits, and dressed poultry markets described. beef and pork markets steady to firm with ranges for various cuts. Live poultry prices quoted for broilers and turkeys. miscellaneous grains and produce also noted.
MENTIONED IN THIS ARTICLE
New York
Hite
Pacific Coast
Seady
Money market report from New York shows steady call money
Call money strong at four percent with bids four percent and offers four percent. Time loans mixed, with 60 to 90 days at four to four and a half, 4 1/2 to 6 months at four and a quarter to four and a half. Commercial paper quoted around four percent.
MENTIONED IN THIS ARTICLE
New York
Accetaries
Strime
U. S. Treasury Balance Reported at 198,321,284.28
The ar riv statement shows the United States Treasury balance at 198 million 321 thousand 284.28 dollars as of August 17. The figure reflects the federal government's available funds across accounts and fiscal reserves.
MENTIONED IN THIS ARTICLE
Washington
United States
Treasury
Stock market wrap reads mixed with heavy trading totals
A dense OCR list shows numerous stock symbols and prices with a total daily sale of 1 467 600 shares versus 587 400 prior day and 1 214 000 a week ago. From January 1 to date volume stands at 254 459 600, compared with 161 187 900 a year ago and 156 240 700 two years ago.
MENTIONED IN THIS ARTICLE
van Raalte Co
Pitt
Warren Broa Co
Westingh
Weston Blee
Willys
Wright Aero
Youngstown
Merger Talks Boost Bonds as Trade in Rail Issues Rises
Trading in bonds improved with railroad issues leading gains amid merger discussions in the southwest and rising earnings. Belgian government bonds steadied on word of a possible refunding agreement. oil and rubber issues fell on price-cut news. Public offering planned for North American Cement debentures to fund a merger, with foreign loan discussions and a Munich city issue also noted.
MENTIONED IN THIS ARTICLE
New York
Coolidge
Belgium
United States
Poland
Kansas City Southern
Missouri
Kanadas Texas
Katy
Chesapeake and Ohio
Erie
Norfolk and Western
Western Maryland
Skelly
Pan American
Sinclair
Virginia
Carolina Chemical
Kelly Springfield Tire
Torrow
North American Cement Corporation
Helderberg Cement and
Security Cement and Lime Companies
Munich
Germany
Debentures Offer Details and Balance Sheet Figures
The consolidated balance sheet as of May 31, 1925 shows current assets over 14.7 times current liabilities and total net assets above 11 257 000 allocated to these debentures. The indenture requires 75 percent debenture holder consent to incur new secured debt, with exceptions for ordinary short term borrowings. Interim debentures or receipts are exchangeable for final securities, with delivery expected around September 1, 1925.
MENTIONED IN THIS ARTICLE
Messrs. Lybrand
Ross Bros. & Montgomery
Egal
Ford
Hitec
Sidioecr
New York City
Compex
York City
Ats
Foreign exchange rates and cabled quotations
Foreign exchanges steady with quotations in cents. Great Britain demand 486 5 8, cables 485 7 8. France demand 4.63 1 2, cables 4.64. Italy demand 3.60, cables 4.80 1 2. Belgium 4.46, Germany 23.80. Holland 40.25, Norway 18.48, Sweden 26.85, Denmark 22.9, Switzerland 19.41, Spain 1443. Greece 1.561 2, Poland 181 4, Czecho Slovakia 2.04. Yugoslavia 1.79 1 4, Austria 14 1 4, Roumania 41 3 4. Argentina 40.37, Brazil 12.10. Tokio 41 1 16, Shanghai 79 3 8, Montreal 100 1 16.
MENTIONED IN THIS ARTICLE
Hgh
Lsat
New York
PB Ae Stock Exchange
P .B
Inland Steel
Adams Expréss
Adv Kummety Ab
Radio, Corp
Ady Humely
Int Cement
Ae Radio Corp
Cam Eng
Marine
Marie
Reis Co
Bosch
Jordan Motts
Republic
Kan City
St Jos Lea
St Louis San
St Louis South
Lehigh Valley
Savage
Loews Inc
Schulte
Seaboard Air
Lingead
Sea Air Lp
Linsecod P Uy
Seagrave Cor
Loco Metals
Loritard Co
Shell Tr
Lorilard
Shell Union
Louisiana
Shell Union Op Ae Ag
Simmons Co
Simms Petrol
Umm Tel
South Ry
Mallinson Co
South Port Ri
Marlin Rockwell
Aon Arm Co
Mathieson
Asso Dry Arm Co
Martin Parry
Strom Carbee
Metro Goldwyn
Miami
Symington Co
Austin
Bangor Aroo
Barns Corp
Briding Bros
Mont Pow
Ano Horns Bros
Mat Dairy
Air Br A&a
Kalumet Ariz
Canners
Asteagg
Calumet Hee
Central
An Pac
Chi St
Bae Sno Leath
Norfolk
North Amer
Ohio
Otis Steel Ag
Otis Steel
Okens
Penick Ford
Chile
Peoples Gas
Philip Morris
Ao Bate
Consel
Pierce Arrow Oe
Congol Textile
Oty Inc
Pitts
Cuba
Cushmann Son
Dan Boone
Davien Chem
Delafare
Dei Lack West
Flewachmann
Texas
Gabriel Snub
Rain
Gimbel Broazat
Inter Co
Uud
Uel Savana
Hayes
Helme
Houston
Atuudson
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Polang
Czecho-Slovakia
Dugo Slavia
Austria
Roumania
Argentina
Brazil
Tokio
Shanghai
Montreal
Also Mentioned on This Page
U. & Treasury
America
Hemphill
Noyes
John Street
Bridgeport
Telephone
Bisnum
eRif
Jes
LeXas
S.ti
Tex Gulf
Tex Pacific
Tidewater
Jean Heian
Union Pac
United al
United Dig
United Drug
United Dre
Veld
National City Bank of New York
California
Penmsylvania
Connecticut
Maryland
Massachusetts
Delaware
Security Cement and Lime Company
Helderberg Cement Company
Hagerstown
Berkeley
W. Va
Howes Cave
N. C
Frederick W. Kelley
Loring A. Cover
Joan J. Portes
Robert C. Pruyn
Albany
Nicholas F. Brady
Boel , Bogue, Inc
Vian’ Engineering Companies
Messrs. Lybrand, Rovero, Clarks& Griscom
Kapens City
Iis
Montgomery
New York Stock Exchange
Hemphill, Noyes Co
Hornblower & Weeks
Mitchell, Hutchins @& Co., Inc
Dominick
Eastman, Dillon & Co
Hincks Bros. c& Co
Great Britain
France
Italy
Cablea
State Street
Ois Cele
Mr Rok
Investment Department
Noble
Beneficial Loan Society
Liberty
Guaranty & Trust Co. Ltdacaorly
J. Wade
Hawley Ave
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