Readjustment of Position Causes Drop in General Stock Dist
Convertible mortgages again prominent in bond trading as issues moved with general rate expectations. Mixed gains and losses across segments, with Union Carbide and Nickel stocks among leaders, while steel and railroad bonds fluctuated. Foreign group mostly firm with limited activity, US market declines steady after midday.
MENTIONED IN THIS ARTICLE
Fe York
Union Cis
Owith Nile Ga
Pennsylvania
eAmerican
L. S
Foreign exchange rates and notes from New York market
In New York on Dec 28 the foreign exchange market showed small shifts with rates for Great Britain at 487 11-16 for cables 488 11-32 and bills on banks 463 13 3.93. Cables at 2 per 3-4 177 3 13.98 and 1-2 y 25.86. Various currencies including Austria Roumania and Serbia displayed mixed quotes with minor gains and losses across cables and hand currencies.
MENTIONED IN THIS ARTICLE
Imaw York
Great Britain
Hand
Hornkla
Austria
Roumania
Hat
Sientreal
Oil Bonds Pact Seeks On Demand Crude Supply
Sinclair Crude Oil Purchasing Company and Standard Oil of Indiana plan an oil purchase contract. Each holds 50 percent of Uns Company stock and would buy crude and tankage on demand from the other, under terms tied to bond outstandings and market yields around 5.70 percent. The notice lists Bowery Bank offices and telephone contacts in Bridgeport and Philadelphia.
MENTIONED IN THIS ARTICLE
Standard Oil Company of
Indiana
Sinclair Cons
Oi Corporation
Uns Company
Athe Company
Associated Electric Company
Chase National Bank of
City of New York
Broadway
Anr
Yan and Kivetrin
Lunde
Associated Gas and Electric Company
Associated Gas and Electric Cuonpaumy
Bank and Insurance Stock Quotations
Bankers Capital provides stock quotations for banks and insurers. The list covers multiple issuer names with prices, changes, and latest trading figures, highlighting sector performance and notable movers in financial services.
MENTIONED IN THIS ARTICLE
Bank and Insurance
Curb irregular with price drop noted on New York market
In New York on December 26 the curb market showed irregular activity with most price changes down. Early gains faded as heavy selling pressure emerged, while a few favorites advanced. Notable moves included Midland Steel Product and American Rolling Mills peaking before declines, and Gulf regaining part of prior losses amid mixed results across sectors.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Midland
Stock Exchange
Jnstall
Marconi
Yerlercay’s
Ford of Canada
Shaeffer Pen
Safeway Stores
Deere and Company
Marvel
International Cigar
A. S
Cotton futures end steady with varied gains and losses
Cotton futures closed mixed with declines of 12 to 19 points. January at 19.49, March 19.59, May 19.73, July 18.44, and October 19.03 while middling cotton held around 20.00. Clearing house figures show exchanges near 1.943 billion dollars and a federal reserve balance around 104 million.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Federal Reserve Bank
Prices Decline After Technical Readjustment In Stock Market
New York and Washington reports show a weak afternoon session with widespread declines across many issues though some rail equipment and consumer stocks posted gains. Steel, General Motors, and several big names moved lower while commodities and foreign exchange markets showed mixed results despite some early upturns.
MENTIONED IN THIS ARTICLE
WEW
York
Associated Press
Wall Street
A. & Breet
J. P. Morgan
General Motors
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Rictly Investment Securities
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Hoste
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Main Streiy
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Stok Exchange
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Bert
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Cory
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John Poe
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Anny
Oran
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Celine
Nike Morse
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Bas
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Etseu Metsehmann
Ali
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Mhoente
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Hartman
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Alina
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Ian
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Bankers Capita
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Talia
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Hadford
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Pritt Surety Makers Capital Cosp
Hunkersong
Lory
Maunein
Dean Morty
Andy Waad
Wow & P
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Cabon
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Witte Duit Witte
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Meu
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Balance General Fund
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Associated Gas & Electric System
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Jrwe
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Eich
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Dedentares
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City of New
Elentdros
Leila
Assuu, Thi Gas and
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M. C. O'Keeffe
Westinghouse
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Westinghouse Service
Bruce Ave
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Stratford