Advance in oils is big feature on curb market
New York August 19 A T Y Group movements dominated the curb market with oils and Industrials generally rising while public utilities showed a reaction. Standard Oil of Indiana moved up 2 points to 62 4 and Humble Oil Ohio Prairie Oil and Gas and Vacuum gained a point. Rubber shares were strong with Miller up 2 1 2 to 179 1 2 Goodyear up over 1 to 31 3 4 Norwalk at 28 7 8. Durants motors fell to a new yearly low. Utilities quieted with Nationall Power and Light down 6 and other major firms slipping slightly. Consolidated Gas of Baltimore remained a bright spot.
MENTIONED IN THIS ARTICLE
New York
ATY
Standard Off
Indiana
Humble
Ohio
Prairie Oi and Gas
Vacuum
Miller
Goodyear
Norwalk
Isue
Motometer
St. Regis Paper
Eureka Vacuum Cleaner
Lehigh Valley Coal
Gillette Safety Razor
Durant Motors
Money Market Report From New York Bank Rates
Call money steady with a ruling rate of 4 percent. Call loans against acceptances at 3½ to 4 percent. Time loans firm with 60 to 90 days at 4 percent and 4 to 6 months at 4¼ to 4½ percent. Prime commercial paper quoted 4 percent.
MENTIONED IN THIS ARTICLE
New York
Cotton prices hold steady in New York market
In Cotton New York on Aug 18 the spot market is quiet with middling at 28.60. Fixtures stay close and unchanged to four points. Futures drift with October around 23.33 to 23.34 and December 23.59 to 23.80, January 23.10 to 23.11, March 23.37 and May 23.72.
MENTIONED IN THIS ARTICLE
New York
Stockholders in America Rise Since 1923 Estimate
The article notes 14 400 000 stockholders in 1923 as a reliable estimate and suggests the number has grown since then. It frames the figure as evidence of confidence in American business stability and prospects.
MENTIONED IN THIS ARTICLE
America
Heavy Belgian Bond Buying Marks Market Upswing
New York trading day highlights heavy demand for Belgian government obligations driven by favorable war debt funding terms. Five Belgian issues rose on the exchange amid broad gains in domestic corporate bonds. Rail and energy names showed mixed results as investors awaited clearer repayment plans and future funding signals.
MENTIONED IN THIS ARTICLE
New York
Little Kingdom
United States
Stock Exchange
Uinover
Belgium
Government Buys Liberty Bonds For Sinking Fund
The Treasury is repurchasing Third Liberty bonds for the sinking fund to reduce the national debt. Since July 1, 1929, $26,000,000 in Third Liberty bonds have been bought back to lower financing costs and accelerate debt retirement.
MENTIONED IN THIS ARTICLE
Washington
The
Treasury
Government to retire large third loan using sinking fund
The treasury expects to devote a substantial part of the year’s sinking fund, totaling about 300,090,000, to retiring portions of the third loan as the government is able to purchase.
MENTIONED IN THIS ARTICLE
Treasury
Callaaux to Discuss Debt with England
Paris reports that Finance Minister Calllaux will travel to England to spend the coming week and discuss the French debt to England with Winston Churchill, the British chancellor of the Exchequer.
MENTIONED IN THIS ARTICLE
Paris
Foreign Office Today
M. Calllaux
England
Winston Churchill
New Haven Stock Reaches High Point
New Haven stock of the New York New Haven and Hartford railroad rose to 499 3 4, a new high in years, on news that July earnings may set a record. Local brokers reported few buying orders from the district. F G Lalley of Hirsch and Lilienthal commented on the firm’s position in the market.
MENTIONED IN THIS ARTICLE
Hartford Railroad
F. G. Lalley
Hirsch and Lilienthal
Avery
Traders in Bridgenort Hold Steady Watchful Policy
Evidence shows Bridgenort traders are satisfied to maintain a watchful wasting policy for the present, keeping operations steady while monitoring conditions and risks.
MENTIONED IN THIS ARTICLE
Bridgenorth
Liberty bonds quotation and maturity data
The report lists U three round closing prices and Treasury bond quotes with specific issue lines. It shows Liberty bond positions in first to fourth series with 1 48 terms and prices around 100.27 to 102.8, and U 8 with Treasury 4a and 4 lines at 102.25 and 106.12 respectively.
MENTIONED IN THIS ARTICLE
New York
Prices Turn Reactionary As Stocks Fall Broadly
New York stock markets slid as heavy selling pressured motor, equipment, rail and merchandising issues between 1 and 3 points. Oil and non-ferrous shares held up, while Pan American and other gains appeared on signs of oversold conditions. Foreign exchange and call money markets showed small movements amid a cautious mood.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Mack Trucks
White
Pierce Arrow
Jordan
Chrysler
Fisher
Hayes
Baldwin
Davison Chemical
International Telephone
Sears Roebuck
Pan-American A. and
Marland
Pacific Texans Company
Atlantic Refining and
Associated Oil
Gold Production Biggest in Years in 1924 United States
Bureau of the Mint reports 1924 gold output at 2,528,900 ounces valued at 52,277,009, the highest since before 1919. Silver production fell to 65,407,186 ounces worth 48,822,814. California led gold with 633,021 ounces, Montana led silver with 18,688,728 ounces, and the Philippines produced 82,562 gold ounces. Colorado and Alaska produced 42,?58 and 308,543 ounces respectively.
MENTIONED IN THIS ARTICLE
Washington
United States
Bureau of the Mint
California
Montana
Philippine Islands
Colorado
Foreign exchange rates listed for major world currencies in New York
Foreign exchanges stay steady in New York with quotes for Great Britain France Germany Sweden Poland and others. Cents and decimal values are shown for demand and cable rates across many nations including Argentina Brazil Japan and Shanghai.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Gabler
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Switzerland
Spain
Greece
Poland
Copper and metals steady in New York market report
Copper and zinc prices held steady in New York trading with electrolytic futures at 14 7 8 and near term at 57.75, zinc around 7.60 to 7.62, antimony about 17.75 to 18.90, while the Treasury balance shows a deficit. The Treasury statement lists receipts of 132,433,176.83.
MENTIONED IN THIS ARTICLE
East St. Louis
Treasuily
Wasitington
United States
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