General Electric Surges Then Pulls Back In Mixed Market
The stock market showed broad gains with American Can hitting a new all time high around 283 and General Electric rising near 29 before easing. Rumors of stock distributions and dividend prospects buoyed several high priced industrials while rail and oil stocks also posted gains amid steady call money and mixed foreign exchange moves.
MENTIONED IN THIS ARTICLE
Can
New York Federal Reserve Bank
General Electric
American
Cora Cola
Nash Motors
Sears Roebuck
United States Cast Iron Pipe
Woolworth
Chrysler
Favorable Railroad Reports Create Demand for Bonds
New York reports show no change in the dia bond market as holiday interest wanes and rates stay firm. Readings from railroads boost investor demand for carrier obligations with higher November earnings and seasonal traffic gains. Strong names like Chesapeake and Ohio and Southern Railway General 4 1 2 8 plus other issues rise. several industrials also advance while many moves remain narrow. Belgian bonds slip slightly while Sao Paulo gains on a planned London coffee loan.
MENTIONED IN THIS ARTICLE
New York
Dia
Chetapeake
Ohio
Southern Railway General
Pennsylvania
Baltimore and Ohio
Thienge
Altan
International Great Northern Adjustment
Te American Ie
Pan-American Petroleum
International Telephone
Pierre Arrow
Central Steel
Sao Paulo
London
Foreign exchange rates in irregular New York market
Foreign exchanges show irregular quotations across currencies. Rates listed include Great Britain at 4.54 9 16, 4.85 60 day, Belgium 4.53, Germany 24.80, Argentina 41.30, Japan Tokyo 43 1 8, Shanghai 77 5 8, Montreal 99 79 32, with various cables and demand figures noted.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Cmbiee
Belgium
Germany
Argentina
Brazil
Tokyo
Shanghai
Montreal
New York Stock Exchange
Goodyear
Dorthan
Aly Rumely
Hartmas Corp
Hayes Wheel
Houston
Bels
Interborough
Lee P
Royal Dutch
Ay AB
Reac Air Line
Seagrave Cor Jt . Deen Y Ree
Tertype Corp
Sears Ae
Jones Rus
Shattuck Co
Akin Snel
Shell
Ain Mitel
Ain Steel Fars P . Qa
City
Bon
Sinmans Co
Kelly Shiefield
Aig
Sumatra
Kelsey Wheel
Skelly
Kennecott Copper
Sloan Sheff
Lehigh Vailey
Baod Loew's. Inc
Louis Gas Eleo
Anon
Arnold Con
Macy
Magma
Symington
Manhattan
Symington Co
Bam
Associated Ofaiyaa
Manfia Etec Corp
Texas Co
The
Fair Co
Mathieson
Tide Crater
Gulf Wil
P Bono
Gm ‘Franscontin
Austin Nichols
Baldwin
Twin City
Ohio
Middle States
Union
Tangar
Rites
United
United Drug Lia
Beth Steel
Ward
Lilly
Moon Motors
United Fruit
United Pr Board
Ug Distributing
Murray
Ig BU
Hoftnam
Aklyn Edison
Nash Mat Irly Ng Sioe US Indust
Bein Man
Nat Clk
Tims Bros . Cel
Rams Bros
Univ
Fay
West
Norfolk’ Sry
Norfolk Western
Weber Hellbroner
West Penn Co
North Amer
West Penn Co Vt
Northen Pacific
Maryland
Chandler Motor
Norwalk Tire
West Maryle
Hes Ollo
Onyx
West Tac
Ches Olle
Ota Elevator
XM West Union Tel
LH Coscago
Otim Steel
Westingh Air Br
Chicago
Alton P AL
Otis Steel
Westingh Ei
Owenr
Weston el
Werton
Chicago Wes P
Pacific
Fia
Lloy Paige
Pan Am
Willys
Panhandle
Willys Overland Poe
Park Tilford
Wilron
Spy Wilson Co
Penick Ford Skey
Childs Co
Wrigley Jr Winnate
Chrysler Cor
Philadelpnia
Cora Cole
Cale
Phillips Jones Co
Phillips
Ae AM Wong
Conley Tinfoil Steel Pt
Consol
Abe Pitts
Consol Cigar
Pita Util
Pitts Util
Consol Textile
Tay
Cuba
Te aTrom
Cushman's Sons
Daxison Chen
Defeers Consol
del Tack
Detroit Edison
Ant
ADA
Neyne Taynolds
Devoe Haynolds
Dadce Bros
Dodge
RAG Dowie Mines
Dagnesnecht
Eastman Kodak
Fisk Rubber Jp
Gabriel Snuby
Texas
Elec
Fowmel Brose Iu
Wits Aly
Washington D. Dec. 23 United States alane 2s of
Washington dispatch notes United States alliance items and a December 23 briefing. The report cites domestic and international concerns, with brief mention of agencies and officials involved. No further specific names or events are clearly readable in the fragment.
MENTIONED IN THIS ARTICLE
Washington. D
United States
Brisk Trade Lifts Stocks on Curbstreet Exchange
Dec 23 AP report notes bold demand for leading New York stocks as many hit new highs and records. Industrials show strength with Nizer R, Kelvinator, American Flour, and Chrysler advancing, while Land Company of Florida and Miller Rubber dip amid mixed activity. Lago stock indicators suggest profit-taking absorbed and buyers remained eager for gains.
MENTIONED IN THIS ARTICLE
Jury Exchange
Industrist
Nizer 'R
Kelvinator
American
Chrysler
Land Company of Florida
Record
Miller Rubber
Continental
Standard Out of
Indiana
Humble
Varnum
Gulf Gil
Leonard Oil
Lago
Denmiund Ar
Cotton Futures Open Steady In New York Trade
Cotton futures opened steady in New York with January 1881 March 1865 1840 and 1861 listed and October LTGT showing trading activity on December 23.
MENTIONED IN THIS ARTICLE
New York
Money market summary in New York trading
Call money strong at 6 1 4, ruling rate 6, closing bids 6.4. Last loan 6, call loans against acceptances 4. Time lows steady. Mixed collateral 0-96 days 4 to 7 0 4.7 months. Time notes report: commercial paper 4 to 4.4.
MENTIONED IN THIS ARTICLE
New York
Ioan
Liberty Bonds Close Prices Report
Liberty bonds and U S Treasury securities traded with Liberty 3 1 25 at 99.24 Liberty 1st 4 1 43 at 101.24 Liberty 2nd 4 1 45 at 100.19 Liberty Lord 4 1 4y at 100.26 Liberty 4th 4 14s at 101.3 U S Treasury 48 at 102.27 U S Treasury 4 1 48 at 106.12
MENTIONED IN THIS ARTICLE
New York
Liberty Bonds
Liberty
Liberty Lrd
U. S. Treasury
Preasury
Steel Industry Sets New Output Records for November
November steel statistics show a likely record year with ingot production around 4,997,353 tons and daily output near 158,294 tons. Unfilled orders at U S Steel rose by 475,600 tons in November, signaling continued activity and optimism for early 1925 despite prior slumps.
MENTIONED IN THIS ARTICLE
U. S. Steel Corporation
Also Mentioned on This Page
Federal
Oile
Barnsdall
United States Steel Common
Mathison Alkanl
American Steel Faundries
Standard Muling Devoe
Reynolds
Ingersoll Rand
Atlantic Coast Line
Atlanta
Birmingham
Atlantic
Atchison
Chesapeake and Ohio
Rock Island
Union Pacific
Delaware and Hudson
Louisville
Mashville
Wabash
Spaiigut
Pierce Arrow
Foreign
Easrarge
Bridgeport
Florida
Payne
Title Guaranty & Trust Co
Main St
Conn
Niger
Iss
Steel
Srex
Incor Gurpur
Thousantp Tor
Bond
Merry Christmas
State Street
Bridgeport Trust
Investment Department
Noble
Beneficial Vans
Beneficial Loan Society
Miami
Connecticut
Cony
S. H. Sweet
Uurer
Seaboard Air Line
Missouri Pacific
Erie R. R
Chicago Great West
Hemphill
Noyes
Momabera
John Street
Barnum
Philadelphia
Boston
Pittsburgh
Tia
Plumbing
Cawisy Ave
Houshold
Fidelity Loan Corp
John Eet
Jehan Wat
W. G. Jasper
Broad St
Rex
uTy
Mutual System CO
State Bank
Mutual System
Bank Street
Quest
New England Equity Corp
Slate
Telegram