Confidence in Coming Congress Stimulates Money Market Rally
Wall Street rallied on anticipation of constructive fiscal policy from President Coolidge and a new Congress. Rail and industrial stocks gained strongly, with Atchison and Chicago lines among leaders. Money rates held firm despite liquidity shifts as investors priced in upcoming consolidations and dividend signals. Treasury balance as of December 4 stood at 145,096,459.61 dollars.
MENTIONED IN THIS ARTICLE
Congress
Rails Advanc
New York
Wall Streets
Coslidge
Sear
Baltimore and Ohio and Southern Railway
Walter Roads
Atlantic Coast Line
Louisville
Nashville
Chattanooga
St. Louis
Atchison, Pennania
Kansas City
Southern
Estern Pacisic
Cas
Asiwa
Hudson Motors
Mack Trucks
White Motors
Pierce-Arrow
Studebaker
General Motors
Dodge
Jordan
Washingdon
D. C
Dee
Unite States Treasury
Chrysler Leads Price Advance On Curb Market
New York December 7. Irregular prices and sporadic buying defined the curb market today. Several stocks hit new highs with heavy, wide distribution. Chrysler and Site showed strength in the motor group with old issues up, Stutz advanced, Intercontinental Rubber fell back after a brief spike, and Goodyear Rubber closed firm. Baking issues were uneven as Public utilities fluctuated and mining stocks showed brisk gains.
MENTIONED IN THIS ARTICLE
YRK
Dee
Continental
Standard Olt
Indiana
Saga Petroleum
Manuelin
Slaenotia
Stork
Standard Oil
N.chrysler
Stutz
Intercontinental Rubber
Ita
Goodyear Rubber
Weischmann
Tight Money Shrinks Bond Trading Yet Highlights Utilities
Money tightness curbs overall bond activity with a select rally in public utilities and certain foreign government issues. Notable gains occur in New Haven 4s 1947 1956 Katy 34 PWA 4s and Interborough 6s along with Niagra Falls Power 3s and Public Services 6s as investors hunt price levels while profit taking cools others.
MENTIONED IN THIS ARTICLE
INW
Dee
Tatal
Chicago
Milwaukee
Puget Sound
Katy
Pennsylvania
Noo
Interborough
Brooklyn
Niagara
Niagara Falla Power 3S, Public Services 6S and North American Edison
Pan-American 4
Foreign exchange rates in New York December seven
Foreign exchange quotations from New York show irregular rates in cents for major currencies. Great Britain demand 484 7 8 sablek 495 1 4. 0 day bills on banks 81. France cables 3 84 1 2. Italy demand 403. cables 4 03 1 4. Belgium 4 Germany 2386 Holland 40 14 Norway 2 Sweden 26 Denmark 24 Switzerland 15 2 Spain 14 29 Portugal 3 1 Greece 15 4 Poland 14 00 Czecho Slovakia 2 96 Tagostarha 7 Austria 14 12 8 Romania 47 1 4 Argentina 41 74 Trazit 14 96 Tokyo 43 Shanghai 77 3 4 Montreal 100 3 32.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Banka
France
Italy
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Czecho-Slovakia
Tagostarha
Austria
Roumania
Argentina
Trazit
Tokyo
Shanghai
Montreal
York
Nec
Transaction
Newport
Studh Exchange
Duquesne
Ami Wly
Pierce Arrow
Ajax
Flek Tub
Pierce
Alils Chalmers
Phorre
Pitts
Freeport
Texas
Gabel
Ant Bosch
Pulinian
Railway Secur
Ginter Co
Inter Corp
Goodrich BE
Wading Rts
Love
Ann E
Rbi
Republic
Anamas
Amn
Reynolds
Russia
Ins Co
Joseph
Guantanamo
Gulf
Northasy Bay
Louie
Sumatra
ROY
Seaha Air
Seagrave Co
Sears
Howe Sound
Boy
Enn Shell
Ana Shell Tn
Gian
Hudson Man
Nary Wadi Nats Ara Amainc
Hudson
Shell UN
Hupp Motors
Gan
Smamone
Anaconda
Travis
Yiyms Petroleo
Ann Arbor
TSS
Ray
Sinetir
Archer Dan
Sun Sen
Arneur
Ingersolland Au
Nanny Southern
En Armour Jl BP
Inland Steel Fe
Inter Rap
Tan Snear CnwTaety
Atch
Top & S Fe
Atchison
Atlas
Kan City
Asia
Ohio
Texas Pay Co
Kansas Gulf
Third Ave
Barnadan
Kelsey
Reth Steel
Tinderwa Tyna
Ene Vege Booth Fish
Keystone Tire
San Pan Soit
Briggs
Lee Foab Tire
Titan Eific
Ane Lehigh al
Bkiyn Man
Lig Myers T
Bkiyn UN
Ean
Ile Myers Path
Hurns Bros A
Ted Drewood
Tous Gag
Kel St Rygan
Marland
Marlin Roel
Mactin
Bats
Chesapeake Ohio
Metro Urald_ np
Chicago Alton RY
Chicago
West
Waldorf
Pacife
Montana
Weber Hethr
Mans
Moon Motors
Fe West
PAN Dan
Chile
Chisier Corp
Pony Witte Wagie
Fae Wilson Cadaly
Ian
Conle Atoll
Ty Mo
Consal
Consal Textile
Cuba
Ieee
Myx
Cuyamel
AG de Fon
Bai Hyveny Boltle Gry
Lucifie
Det Edison
Toy Pacify
Devoe Anata
Dodge Brostee
Packard
Duluth & & At Ae Uy
Panhandle
Emerson Brant
Park Tilford
Erie
al van
Commodity Prices Snapshot From Local Market Report
Torrent cash prices for employed commercial products are compared with quotations for the year 270. The note outlines price trends and market activity, highlighting how current rates align with prior year levels and indicating areas of notable price movement across commodities.
Money market report notes firmer money rates
Di Call mone firmer at ruling rate. Selling bids offered at 1 1-4, last quotes 5 Lez. Acceptance against Weeceptances 4 Yime loans clean. Mixed rates for 60 90 days 1 4-8 and 4-6 month 4 time mercantile paper.
MENTIONED IN THIS ARTICLE
New York
Iime Mercantile Paper
Cotton New York Market Report Mixed Closing Steady
Cotton quotings show a quiet tone with mids and futures values fluctuating. The range includes December 1942 to January 1948 and March 1943 to May 1904, with daily shifts noted in prices and closing tendencies.
MENTIONED IN THIS ARTICLE
New York
Liberty Bonds Rates Hearlded In New York Market
Liberty bonds quoted in New York show Liberty 3s at 99.28 and 3s maturing 1949 near 101 28. Liberty Ist 1-44 at 101 28, Liberty 3rd 1-44 at 101, Liberty 4th 4 1-45 around 102, Treasury 4s near 100.95.
MENTIONED IN THIS ARTICLE
Liverty J L
Therty Ist
Liverty
Liberty
Tiberty
Cos. Treasury
Troapuey
Metal market notes from New York report
AP dispatch from New York reports copper dull on spot and futures around 14 14 1 8. Tin trades at 64.50 spot and 62 futures while iron and lead show modest prices. Antimony at 20 percent with varied listings for Northern region.
MENTIONED IN THIS ARTICLE
New York
Dee Tame
Also Mentioned on This Page
Coolidge
Food Company
Motors
Geni Petroleum
California Petroten
Flesseehan
Postum Cereal
Peoples Gas Light and Coke Co
Hemphill
Vittaburgt
Chrysler
New Haven 4S Lead Rail Group
Murray
Bordeaux
Soisson
Lyons
Aix de Janeiro
Bergman
Psieest
Merry Christmas
Liberty Bidy
Main St. Loum
Fideln Noel Cor
Delin
JAN Corp
Tin
Plumbing
Wade
Hagiey Ave
State Bank Ag Dent
NEW England Equity Corporation
State Street
Bridgeport
Conn
Corton
Mitver
Lion
UBL
Metal Market
Bridgeport Hydraulic CO
D. M. Read Company
Bridgeport Gas Light CO
Mtg
Warner Bros. Company
Fors Bridgeport Trust Company
Investment Department
United Light & Power Co
The
United Light & Power Company
Middle West
Columbus
Davenport
Iowa City
Cedar Rapids
Ottumws
Fort Dodge
Mason City
Iowa
Lincoln
Nebraska
Rock Island
Moline
Tenn
Hincks Bros. & CO
Main St
Telephone Barnum
Absolute
American Graphophone CO
Howard and Railroad Aves
Brown & Sharpe
New Britain
National Ae
Webster & Parks
Buff Brown & Sharpe
Garvin
Hanson & van Winkle
Cincinnati
Washburn
Warner & Swisey
Gursin
Barber Coleman
Natco
Henry Wright
Prentice, Woodward & Rogers
Grant & Harvey
Hubbel
Hise
Baird
Manning
Maxwell & Moory
Blaisdell, Farrell and Greenerd
Power
Archer
Cateage
Standard
Waltham and Becker
Plain
Waltham, Bilton
Sloane & Chase
Blaisdell, Reed, Waltham
American
Sloan & Chase
Ked Msay
Samuel T. Freeman & CO
Federal ST
Chestnut ST
Philadelphia
Boston
Ste Namo Ean CO
Florida
Guaranty & Trust Co
Jasper
Broad St
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