Upward Movement in Steel Enlivens Trade in Stocks
A volatile session in New York stocks featured mixed results with steel shares rebounding from earlier declines as Shearson Hammill and others backed steel purchases for employees. Trading narrowed with U S Steel dipping to 43 8 below its high, while rails and sugars showed uneven movement and grains remained under pressure.
MENTIONED IN THIS ARTICLE
Richard Apillast
New York
Deel
U. S&s
Stesi
Marke
Chen
U. S. Steel Corporation
Hus
Bheirson
Wan Min An’ Company
Mark
Lehigh Valles
International Combustion Empires
New Orleans
Steiitier Coffe
Liberty Bonds in New York Bond Prices Reported
The 71 United States bond market in New York shows bids around 100.31 with asks near 100.21. Treasury securities incl 4s priced lower at 101.08 to 101.30, with Laverty 4tys noting 4s.
MENTIONED IN THIS ARTICLE
New York
United States
Lowrie
Inc
Laverty Dra
Taorty Ath Bys US Treasury
Creamery butter market rises while eggs stay firm
New York poultry prices show firm egg markets and higher butter. Reported dairy items include creamery butter rising to strong prices, with several grades and regional variations noted. Eggs remain steady, while other dairy products and meats show mixed movements in regional markets.
MENTIONED IN THIS ARTICLE
New York
Hed. Brorer
Duke Bbe
Wisconsin
Debeses
Hennery
Hermudas
dJursey
Tisket Henny
H. C
Redless Riisns
Metal Market New York Copper Prices Steady Amid Mixed Notes
The New York metal market reports copper firm on spot and nearby terms with firm futures amid steady iron. Spot copper quoted around 9.40 to 9.75 with slight variances. prices show limited movement. St. Louis reports strength in its spot, while overall market notes a firm tone and unchanged iron prices.
MENTIONED IN THIS ARTICLE
New York
Electrodytic
St. Louis
Bridgeport Firm Starts Building Groton Infirmary
Work has begun on the new Quad Fellows infirmary at Groton Connecticut costing 275000. The Bridgeport firm of W W J Muirhead and Co will erect the home on Thames River east side facing west with southern exposure commanding river bridges and New London harbor. The building will be stone with copper roofs and local wall stone trim. It will contain 50 private patient rooms, a hospital kitchen, baths, wards, an operating room, a dental room, libraries, and recreation spaces across two floors with a veranda and porte cochere. Architects are Whiton and McMalon of Hartford. Contractors include Linby and Co of Hartford and Jerry Electric Co among others. The corporation is Quad Fellows Home with Herbert J Whitups as head and Philip Fund as a director.
MENTIONED IN THIS ARTICLE
Qdd Fellows
Groton
Fiau
Davila Hall
Whiten
McMalon
Hartford
Linby
Him
Jerry Electric Company
R. KR. March, Inc
W. V. Dee Company
Bridgeport
Hope Metal
E | Stantes Wires
Grain prices slip as profit taking hits Chicago market
Chicago grain values decline amid profit taking and lower Liverpool wheat quotes. May wheat edges down while oats and corn also fall. Traders note anticipated price corrections after recent upturn and softer domestic receipts, with Argentine export activity and European demand weighing on sentiment.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Ono
Canada
Lal Recefpta
Market in New York rush session sees mixed declines and gains
Reactionary tendencies dominated the day's rush market in New York with closing quotations above early lows. Olahares softened on unfavorable trade news while Imperial of Canada, Ohio and Prairie Oil & Gas (new) dipped slightly. Nickel Plate Common rose over a point amid stake in the Van Sweringen merger plans.
MENTIONED IN THIS ARTICLE
New York
Olahares
Imperial of Canada
Ohio
Prairie Oil & Gas
New
de- Forrest
Commonwealth Power
Van
Sweringen Brothers
Market selling pressure hits liberty issues in New York bonds
Heavy selling drove New York bond prices lower on fears of higher money rates and a possible Federal Reserve rediscount rate hike. Total sales topped 26 million dollars, the largest daily volume since August, with Liberty issues hit hardest as government rate expectations wavered.
MENTIONED IN THIS ARTICLE
New York
Bederal Reserve Bank
Asberty Bonde
Washington
New York Bank
Louisville
Nickel Plate Railroad
International Great Northern Adjustment
Missouri Pacific
Murray Body Corporation
Fisher Ready Corporation
Paderal Bmotera Corporation
Treasury Balance in Washington as of December Ninth
United States Treasury balance reported for December ninth shows 221,496 dollars. The notice lists the amount under Treasury balance in Washington with the date of December ninth.
MENTIONED IN THIS ARTICLE
Washington Lee
United States Treasury
Bank shareholders discuss tentative Main Street building plan
City National Bank shareholders will not be asked to discuss the tentative building project at the annual meeting on January 13, as announced by President Charles F. Hough yesterday. Directors have only requested a property survey for the Main and John streets site, just completed.
MENTIONED IN THIS ARTICLE
City National Bank
Charles F. Hough
Main and
John Streets
Foreign exchange quots show varied demand across nations
The New York market reports easy quotations for diverse currencies with daily rates. Great Britain bids 469 1-2 on cables 469 3-4, France 3.3% demand and 5.32 1-2 cables, Italy 19 1-2, Belgium cables 4.91 1-33, Germany 23, Holland 40.36, Norway 15.14, Sweden 26.94, Denmark 17, Switzerland 1934, Spain 14.04, Greece 0.82 1-2, Poland 19 14, Hungary/Slovakia 3.42, Yugoslavia 1.68, Austria 0.0014 1-4, Roumania 0.62 1-2, Argentina 88.87, Brazil 11.62, Tokyo 38 1-2, and Montreal 9 3-2.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Denmark
Switzerland
Spain
Greece
Poland
merho-Slovakia
Yugoslavia
Roumauia
Argentina
Brazil
Montreal
American Smelting Raises Lead Price
New York Dec 11 American Smelting and Refining Company advanced the price of lead to 8.90 cents per pound from 8.76 cents.
MENTIONED IN THIS ARTICLE
New York
American Smelting and Ref Company
Money Market Summary from New York Totals
A money market brief from New York on December 11 notes mixed rates and firm demand. Dealers report three to four month loans at 3 1/4 percent, with 60 to 90 day maturities around 3 1/2 to 3 3/4 percent, and prime rates cited near 3 1/2 percent.
MENTIONED IN THIS ARTICLE
New York
Cade
Cammi Pope
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Bridgeport Telegram
Lwa&bra
Bonds Bank Stocks
Connecticut Securities Investment Service For Institutions and Investors
E. B. Merritt & Co
Main Streit
Bridgeport, Coan
Metal Market
Dora Yo
Beneficial Loan Society
Liberty Building
Main St
Third Moor
Guaranty Trust Company
Mee Ee W. R. Bull & Co
Ridgeport
Incorporated
Irst National Bank
OVORK
Lear
S . Wal
Iver Tin
Jaeud
Shulte Stes
Asain
Ajax
Mg Allied Chin
Allis Chatm
Simmaret
Bosch
Studebaker
Texasa Co
Tox & Bae
Egan
Birm
Algul & Wil
U S Rub
Austin
Utah
Vanadium Ag
Bry
Wald Sys
Iklyn
West Md
Brownly
Callahan Zinc
Wilson Wee
Woolworth
Hi Aero
Chile
CIA
Cuba
Dupont
Erie
Zeon Flesehmuinn
BSI
Bony Inan
Ma Pars
Tang Gulf St
Harvester
Jara Hayes Whitm
ARI Houston
Iud & Man
Hyde
T & Tv
Ean Kreeze
Man
Max
Staly
Mullins
Morris
Gurb Market
Connie Lewis
Connie Lewis Amusement Company, Inc
Fairfield Ave
Noble
Treasury
Business & Finance
Connecticut
Stetail
Manila
Lota
Autemd
Fidelity Loan Corp
Middle Su
Col
John
Main Street
City Savings Bank
Ining
Plumbi
A. Wade