Stock Sales Exceed 2,000,000 for First Time in Week London
London stock market firm as Bank of England raises rate to five percent but fails to curb trading. New York shows confidence with Mellon saying stock rise is orderly and not inflationary. Wheat prices jump, aiding gains in major industrials like Steel, Du Pont, General Electric, and GM.
MENTIONED IN THIS ARTICLE
London
New York
Dee
England
Ndard
Foumi
Scretary
Mellon
Stoc
Regers
Advancce
Steel
du Pont
American Vaneral Electric
American & Motor
General Motors
Hudson
Cheyler
Studebaker
W Studs
Money Market Rates and Call Loan Totals
A fragmentary report shows call money firm with bids at 5 and offers around 5 1 4 percent. Last loan at 4 percent, loans against acceptances at 4 1 2 percent. Collateralized timer loans steady near 4 1 8 to 4 7 8 percent with mercantile paper at 4 percent.
MENTIONED IN THIS ARTICLE
SEW Voork, Dd
Copper and metals market steady in New York report
In New York copper quiet on spot and futures with prices unchanged at 63.00 for spot and steady futures. Lead and zinc hold steady with lead at 9.40 spot and zinc 8.55 to 8.60 spot, futures 8.40 to 8.50. East St. Louis area markets show similar stability.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Cotton futures steady as market closes in Lotton
In Lotton New York on December 3, spot cotton is quiet at middling 20.85 cents. Futures closed steady with December at 20.25, January 19.73, March 19.78, and May 19.37 to 19.38 cents.
MENTIONED IN THIS ARTICLE
New York
Motor stocks lead curb in active buying
Curb securities were higher in another active session with motors and rubber leading gains. Early selling pressure eased as the day progressed with notable gains in Goodyear Intercontinental Rubber U and Rubber, Stutz Motor, Devoe and Reynolds, Gotham Sick Hose, Grand Stores, Kelvinator, Land Company of Florida, and DeForest in radio shares while utilities lagged and oils firmed.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank
Petroleum Group
Standard Oil
Goodyear
Intercontinental Rubber
U. & Rubber
Stutz Motor
Devoe and Kernolds
Gotham Sick Hose
Grand Stores
Kelvinator
Aid Land Company of Florida
Deforest
American Light and Tracetion
Treasury Balance Report for December First
Washington report shows United States Treasury balance as of December 1 standing at 143 million 241 thousand 714 dollars and 51 cents.
MENTIONED IN THIS ARTICLE
Washington, D.C
United States Treasury
Bond Market Reacts to Bank Rate Move and Receivership
New York bonds paused as market weighed a possible Bank of England rate rise and the Fed's stance. Prices were mostly flat with muted turnover across issues. Murray Body 61-28 sank after news of a receiver appointment, whileCanadian Pacific and Northern Pacific stayed in demand amid overall weakness in copper and rubber sectors.
MENTIONED IN THIS ARTICLE
New York
New York Federal Reserve Bank
Bank of England
Murray
Amoyune
Wisconsin Central
Delaware and Hudson
Chesapeake and Ohio Hs
St. Paul
Chicago
Terre Haute
Pere Marquette
Paris
Liberty Bonds Market Snapshot from New York
AP reports closing Liberty bonds with prices for Liberty 3 1-29 at 99.28, Liberty 1st 4 2-45 at 101.24, Liberty 2nd 4 1-48 at 160.22, Liberty 3rd 4 1-44 at 101.5, Liberty 4th 4 1-468 at 102.2, and Treasury 45 at 102.31, plus Treasury 4 1-4a at 106.15.
MENTIONED IN THIS ARTICLE
New York
Gulf States
Hartmur Corp
Helme
Adams
Allis
Tou Am
Che Air Co
Ind
BONO
Mere Marine
United Drug
Republics
United
Jones Bros Tor
Inv
Ban U
AR Andy
Hoffman M
Kansas Gulf
Bonkayser J Co
Sumatra
Louisiana
LowsyUle
Nash
Warn Bros Pic A
Ardorin
Erie
Atchison Np Das
Ason Attyal
Manila Bloc Corp
Willys
Ann
Maracaibo
Bag Willys
St. Pay
Jaan Wooly FW Co
Allas
Austin Nichols Gate
Gay
Martin Parry
Vale
Macy Bept
Middle States
Reth Steel
Murray Body Corp
Nevada
Ohio
Chicage
Alton
West
Norfolk West
North Pac
Norwalk Tire
Chitas
Coca Cola Ie
Owens Bottle
Owena
Detroit
Penick
Penn RR
Penn Seab
Cuba
Oo Peoples Gas
Hic Usd
Pitty Morris Co
Philips Jones C . Bo
Wilady Packie Au
Deena Rayn
Uae
Sory al
Madge Bros
Dedge
Pullman Co
Radio Corp
Kent Rodial
Anand Wlon
Pate
Sangisea Ray Conti Co
Mersen
Reid Lee
Seneca Cop
Wareka
Fisher
Califah
Pleischmang
Texas
Ba Daay
Ginter Co
Russia
Insur
St Joseph Lend
St Louis
St Louia
ch_ BF
Bas
Savaer Amas
Sis
Nor
Dea
Liberty Bonds
Liberty
Treasury
Grain closes higher as wheat deliveries advance
Chicago grains firm on the day with wheat contracts posting gains. Dec wheat at 178 1-9 for new, 176 old. May at 173 4. Dec 178 6-8, May 174-4. Rye Dec 106 1-2, May 106 1-2-5-8. Corn Dec 1415, Jan 1395. Ribs Jan 1420.
MENTIONED IN THIS ARTICLE
Chicago
Lord
Also Mentioned on This Page
Chandler
Hunter
Stewart Warner
At & Ted
Geo Cueu Cola
Neds
Cateago
Northwestrn
Lane Mayo
Western Daucille
Rte
Wrenen Frances
Dent
Wade
Hawley Ave
Legat
Metal Market
Lotton
Truaiesa
Bridgeport Hydraulic Company
the Bridgeport Trust Co
State Street
Noble
Arewate Amd
North End
The
North End Bank & Trust Co
Bridgeport, Conn
Newsraver Archive
Brunner
Krupp
Germania Works
Krel
Business International
Czechoslovakia
Jugoslavia
Hungary
Rumania
Austria
Poland
Great Britain
Brunner Turbine & Equipment Company
U. S
Guaranty Trust Company
F. J. Lisman & Company
Vienna
Niederwesterreichische Escompte-Gesellscheft
Ban
Guaranty Trust Company of
Bruenn
New York Stock Exchange
New York Federal Reserve
Stirling
International Power E Securities Corporation
Italy
Dante
State of
Conn
United States Loan & Investment Corp
Fairfield Ave
Barnum
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