Smallest National Budget Stirs Mixed Bond Market Action
The market closes unsettled as profit taking and varied buying pressure leave bonds mixed. Petroleum stocks waver with Lago Petroleum hovering near opening, while Standard Oil and Continental follow fractional moves. Realty shares show gains from dividend optimism, Devoe and Reynolds advance, Goodyear and Chrysler dip on news and selling pressure across electric, radio, and utilities sectors.
MENTIONED IN THIS ARTICLE
New York
Tobias
Ison
Devine
Ns Y
Lago Petroleum
A. Crole Syndi
WN. Y
Indiana
U. S
Land Company of
Florida
Devoe and
Reynolds
Stutz
Chrysler
Goodyear Tire
Cotton futures steady after quiet New York session
Cotton market in New York on December 9 remained quiet with middling at 20.20 cents. Futures closed unchanged or slightly higher with December at 19.73, January 19.28, March 19.31 to 19.35, May around 19.07, and July at 18.76, reflecting stable demand and limited price moves.
MENTIONED IN THIS ARTICLE
New York
We Own and Offer Subject to Sale Change in Price
A terse notice announces ownership and sale terms with price adjustments pending. The item implies a property or asset sale under new price conditions and indicates a change in terms to reflect market or lender requirements.
Stock Transactions From Yesterday's Market Roundup
The report lists daily figures for various stocks and prices from yesterday including Woolworth, Yale Towne Mfg, and Yellow Tr tv names among others. It notes Porak sales at 7,807,208 against 2,060 fans day and compares year over year figures with totals for two years ago.
MENTIONED IN THIS ARTICLE
Ae Avon
Yale Towne
RT Rta
Grains Close Firm After Irregular Session in Chicago
Grains ended the day higher after a choppy session in Chicago. Wheat closed up with December futures at 1 7/8, March at 1 3/4, and May at 1 4 with July at 1 4. Corn Dec at 81 1/4, May 87, July 83 9/4. oats and rye shown gains with varied bids and prices.
MENTIONED IN THIS ARTICLE
B. Gate—Dee
Money market update from New York banks and loans
A money market bulletin from New York notes higher rates with bids at 5 to 6 1-10 and last prices around 5. Earlier acceptances moved to 4 1-2. Loans remain steady with mixed collateral. Rates for 60 to 91 days at 7-8-5 and 4 to 6 months at 4 7-8-3. Prime mercantile paper quoted at 4 1-4.
MENTIONED IN THIS ARTICLE
York
Der
Earlaer
Prime Mercantile
High Money Rates Drive Listless Bond Trading
New York Dec 9 Bond prices drifted in a restricted market as high money rates and unsettled stock trading dampened activity. Brazilian issues rose on loan hopes while oil securities faced profit taking. several notes and bonds advanced in limited fashion amid mixed industrials and rail strength.
MENTIONED IN THIS ARTICLE
New York
Central Railway
Washington
Brazil
Hens
Skelly
Pan-American
Sinclair
International Paper
Baldwin Locomotive Sa
Baldwin Locomotive
Ulster
Goodyear Tire and Rubber Company
Hamburg_American Line
Stock Prices React to Lowest Budget Report
New York Dec. 9. API. Stock prices showed mild reaction in quiet trading as favorable developments including larger dividends and the smallest national budget since the war were discounted. Industrials slipped with Du Pont, General Electric, and several car and steel issues down. Atlantic Coast Line led carrier stocks with a new high, while utilities and some grain issues advanced modestly. Money market remained firm with call loans at 4.5 percent amid steady foreign exchange.
MENTIONED IN THIS ARTICLE
New York
Congress
Wall Street
Republic Steel
L. 3. Steel
Crucible
Gulf States
Sloss Sheffield
U. 8. Steel
DuPont
General Electric
Sears Roebuck
Montgomery Ward
Corn Products
Pan-American Petroleum
Baldwin Locomotive
American Woolen
American Tobacco
General Motors
Hudson
Mack Trucks
Chandler
Jordan, White
Willys-Overland
New York Central
Baltimore
Ohio
Atlantic Coast Line
U. S. Realty
Beechnut Packing
Barnet Jeather Adams Express
American Express
Laclude Gas
United Fruit
May Department Stores
Fleischmann
Federal Reserve Bank
Metal market report from New York trading session
Copper dull with electrolytic spot and futures 14 14 1 8, tin steady at 63.50 spot and 62.75 futures, lead steady at 9.26, tungsten wanes, East St Louis spot 8.75 to 8.80 with futures 8.55 to 8.85, antimony at 29.50 spot.
MENTIONED IN THIS ARTICLE
York
New York
Pere Maig
Phila Co
Philn Ray
Asp
Hast
Kodak
Morris
Abitibi
Eaton Axie
Philips Petrol
Adams
Arrow
Peres Arrow
Pierre
Emerson BP
Wits Coal
Endicott- John Ue
Rade Corp
Rade Corp Anh
Eadne
Franklin Eam
Lou Am Bano
St Lo South
Gundel Bros
Secahba Aly
Ginter Co
Simett P
Glidden Co Ba
Sears Rochuele
Aim Steel
Goodrich BF Co
Shattuck Co
Goodrich BF
Shell
Emn
Smmons Co
Gonn Sims Petrel Ny Brig
Sumatra
Il Stanby Ee
Simms Petrel
Shit Dong
Tobacco
Bly Tidhy
Gr Nor
Hon Skelly
Ta Greene
Jay
Southern Pac
Gulf Mob
Bonn
Anther
Hartmgn Corp
Hayes Wheel
Houston
Ann Arbor
Howe Sound Co
Dan Mid
Howe Sound
Armur Il
Studebaker
Atch
Top & Fe
Symington Co
Atchison P
Texas Pac
Tidewater
Atlas
Austin Nichols
Stbe
Ohio
Transus Wildhead
Bangor Aroo
Jewell
Union Sar
Jones Bros Tea
Tinton
Kayser J Co
THO Union Yanka
United Cig St Logi
Kayser J
United Cig St P
United Cig
Kennecott
United Orage Briggs
United Fruit
United Rv
Lehigh Valley
Lima
Lore
Lorillard Co
Louls Oil
Louls Nash Wee I
S Steel Co
Lidty
Asmana
Macy
Mallinson Co
McAllahan
St Ry
BBC Wahasthay
Walderfose
Centur Tub
Marland Gli
Yanaa Wirt Bale
Cerra de Pasco
Marlin Rockw
Anny Ara Rak Ps
Chand Motor
Ana
Lal
Warren Be
Boe
Eh Alton
Weber Hollor
Ona
Chi Alton
Ly McC
M &T
Chrysler
Murray A Corp
Coca Cuisso. Y
Vno Nash
Colo
Colum Gas
Isa Columb uTbon
Air Br
Consel Textile
Tasur
Aly
Ate
Crex
Crucible Steel
Norfolk West
North Amer Gta
Cuba
North Amer BR
Northern
San Cuba Co
Norwade
Ino Nunnally Co
Uyamel Frs
Davison
de Beers
Net Hudson
Troit
Pan Am Petrol
Se Son
Pan Am
Pan Am West
Lud Jooegze
East St. Louis
Treasury Balance Figures Reported for December Seventh
United States Treasury balance as of December seventh is $136,238,621.17. The balance was reported from Washington with no further context or supporting details in the readable text.
MENTIONED IN THIS ARTICLE
Washington
United States Treasury
November Stock Market Shows Contrasting December Signals
November proved fateful with rail issues lifting slightly while manufacturing and utility shares fell. Food copper steel and oil edged higher, but motor stocks slumped about fifteen points on average after the sharp market break, making the month a mix of gains and losses.
MENTIONED IN THIS ARTICLE
Eample
Also Mentioned on This Page
Peoples Gas Light and Coke Co
Chicago
Loans the Public’s Loan Service
R Quest
Noble
New England Equity Corp
Giatecagan Eoemeneaee
State Street Room
Bridgeport
Cuntainty & Trust Co
Main &T
Coun
G. Jasper
Broad St
Rex
Riv Y
Bat
Cy Wea
Lumbing
Wade
Hawley Ave
Tes Son Elena
Gratin
Metal Market
Treasury Balance
Narragansett Electric Lighting Co
Providence
R. C
Rhode Island
Massachusetts
Hincks Bros. & CO
Main Street Telephone Barnum
Sterling and
Kossuth Streets
Sterling Street
J. A. Merson, Inc
Sterling ST
Rickenbacker
Noyes & Jackson
Muscasas
Cencaco Sroce Excuaxces
Carmproce
Rais
Issoceares
Basar
Uritims
Srizpis
Courteou Romat
Hdelity Loan Corp
TY Middle BT
John Get. John
Wall St
Sats
NK Tel
Beneficial Loan Society
Ain St
Liberty