Old Government Bonds Reach New High as Markets React
U S government bonds rose to new highs with gains of 24 to 44 cents per $100 but some issues were later reduced or canceled. Erie railroad mortgages showed strength while French and Belgian securities were pressured by news from Lausanne. Total par value sales reached $13,560,006 amid mixed moves across industrials and utilities.
MENTIONED IN THIS ARTICLE
New York
Eli
U. S
Prénen
Lausanne
Lyons
Great Britain
Kirie
Morteaxes
Western Maryland
Southern Railway
Risco
St. Paul
Chicago & Alton
Katy
Rock Island
Louisville & Nashvile
Northern Pacific
Harrower
Pacific Gas & Hiectrte
Magma Copper
Oil stocks lead Curbst Market gains in New York
Oil issues advanced with most major stocks posting net gains as crude and refined products prices rose. Mutual Oil reached a current movement high, while Gulf Oil Standard Oil of Kentucky and New York Vacuum and Indiana Standard Oils posted sizeable increases. Newer entries such as National Department Stores and Yellow Taxi of New York joined the gains. Durant Motor issues fell, later recovering somewhat amid brisk, though less frenzied, trading.
MENTIONED IN THIS ARTICLE
New York
Standard Oy
Indiana
Mutual Oil
Mammoth 001
Gulf On
Standard of Kentucky
New York Vacuum
Indiana Standard Oils
National Department Stores
Yellow Taxi
Mr. Whelan
Europe
Philip Brooris
Glen Alden
Schulte
Durant
Durant Post
Abi
Independence Toad
National Tin
Spearcheag
Canadian Power Co Bonds Offered At 6 1/2 Percent
McEldowney Company offers St. Maurice Power Company Ltd First Mortgage bonds at 99 1 2 with interest about 6.55 percent. Saint Maurice Power Co near Shawinigan Falls, Quebec plans 120 000 horsepower capacity rising to 150 000 with head of 60 feet. Bonded indebtedness estimated at about 53 dollars per horsepower on initial 126 000 HP.
MENTIONED IN THIS ARTICLE
McEldowney& Company
St. Maurice Power Company Ltd
St. Maurice
Shawinigan Falls
Quebec
Canada
Gres Falls
Gabelle
Forges Rapids
St. Maurice River
Shawinigan Walls
Shawinigan Water and Power Company
Hydro-Vleetlife
Montreal
St.Maurice Power Co Ltd
Shawinigan Water & Power Compiany
Aulenue
all_operases
Insinkin
St. Maurice Power Co., Ltd
Gabelé Rapids
Shawinigat Falls
Provinee
Money market report from New York fixes near four and a half
The New York money market shows call money near four and a quarter to four and a half percent with high firm offers and a ruling rate around four and three quarters. Call loans lag, accepting banks show limited activity at four and a half percent, with some acceptance figures around four and one half percent.
MENTIONED IN THIS ARTICLE
New York
Peb
Stocks Break Out From Narrow Price Area Led by Rails
New York February 4 The stock market moved up from a narrow trading range as rails led gains. Twenty industrials and twenty railroads ended at year highs with heavy close buying. Baltimore & Ohio jumped to 62 1/4, Chicago & North Western and Atlantic Coast Line rose, while other names like Republic Steel and Crucible posted advances. Call money firm around 4 3/4 percent with subdued overall volume.
MENTIONED IN THIS ARTICLE
New York
Lausanne
Bull
Baltimore & Ohio
Chicago & Northwestern
Atlantic Coast Line
Chicago
Western
Jersey
Central
Nation's 1922 shoe output tops 328 million pairs
Washington report cites Department of Commerce estimates showing 328,081,000 pairs produced in 1922, about 99.2 percent of 1919 peak. Average monthly production was 27,381,900 pairs, with adults yielding 16,250,000 monthly and children 5,094,000. Figures reflect 14 percent growth over 1921 and 12 percent over 1914-1919 levels.
MENTIONED IN THIS ARTICLE
Ralph F. Couch
Washington
United States
Department of Commerce
ISI Commerce Department
Foreign exchange opens amid unsettled London market
New York February 6 foreign exchange opened broadly steady after London market unsettled by the Tausanne Dispatches. Demand for sterling around 4.67 1 2 per dollar and francs near 0.15 the franc. Rates showed slight gains above Saturday levels as dealers adjusted to trade shifts and cable quotations firmed.
MENTIONED IN THIS ARTICLE
New York
Toreign Exchange
Basiery
London
Tausanne
Frances
Stahl
Antwerp
Amsterdam
Lds
Genoa
Credeen
Vienna
Crown
Stockholm
Christiania
Copenhusen
Switzerland
Spain
Berlin
Metal Market Report From New York and Merida Street Signs
New York metal market notes copper tin and iron steady with futures. copper around 40.32 and 9.75 futures, tin near 10, iron prices steady. East St Louis spot near 7.00 to 7.19 delivery. Merida, Yucatan street signs describe birds or beasts to distinguish routes as locals and visitors struggled to read.
MENTIONED IN THIS ARTICLE
New York
East St Louis
Merida
Dissolution filings and new incorporations in Stamford area
Business and finance notices report preliminary dissolution papers for Bull & Sullivan Inc of Stamford. Claims filed to Argain Wyade of Devon. January sales show 82 deeds and mortgage loans total 1,089,319 versus 816,300 a year ago. New incorporations include The Connecticut Pickle Works and N Palmerada Company with capital stock and initial funds. The Dudley K Seguin Motor Company forms with 50,000 capital, starting with 7,000. Bankers meeting set for February 21 in Hartford with expected attendance of 390. Plans for Norwalk factory by Fletcher-Thompson for Crofut & Knapp jtat Co. cost 750,000, employing about 2,000 extra workers.
MENTIONED IN THIS ARTICLE
Bull & Sullivan, Inc
Stamford
Chiims
Argain Wyade
Devon
Sherye
Waltaly
Sridgepom
Connecticut Pickle Works
City
Busineag
L. G. Whitlock
Selvnce & Schines
Mary A. Marafil
Lenai Simith
N. Palmerada Company
F.C. Clark, R
de Vorest Aid
Tecanick
Dudley K. Seguin Motor Company
Sutomodille
Connecticut, Bankers Association
Kintel Bond
Hartford
H. H. Pease
Hartford- Connecticut Trust Co
Charles FE. Hoyt
South Netwalk Trust Co
Congressman McFadden
Pennsylvania
Perry Curtis
Union New Hire Trust Co
Noriwalk
Plang
Fletcher-Thompson, Inc
Norwalk
Crofut & Knapp Jtat Co
Grain Market Rises As Wheat Leads Upswing
Chicago grain quotes show firm wheat at May levels, with May at 1.19 3 to 1.20 and July at 1.14 to 1.141-8, corn up 7-8 to 1-8c, oats higher and provisions up 2 1-2 to 7 1-3e. Bullish tone amid tensions Britain Turkey and hoped credit measures, driven by reduced receipts and increased European clearances. Higher corn records and hog-driven provisions reflect overall market strength.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Europe
Also Mentioned on This Page
Gurb Market
Canadian Power CO
Rio
Ajax
Sugat
Atchison
Bir & At
Barnsdal
Hoech
Steel
Beth Stee
Butte & Sup
Butte c & A
Cpilital Lewtien
Chandler
Goca_Cola
Rr & Ir
T& T
Consel Cigar
Consol Gasfare
Consol Textile
Cosden Ab
du Pont
Erie Ie
Argc
Hileéctrie
Oddrich
Gulf State
ORNS
Kang & Gut
Bono
Mont
Ward
Moon Motors
N & St
Pitts & West Xeai
Andy
Ll. S'west
Sears Roebuck
Sinclair
Bain
Abi Ayooeg Bleel & T
Stew Warner
Studebaker
Texas Co
U & Rubber Ib
S Steel
U S Steel Pe
Maryland
West Pacifle
West
Willys Overland
Willys O'land
Aty Sirois
Finanelal
Charismat Gary
Thet, & Steel Corporation
Crucible
Republic
Shirea
Otters
Baldwin Leconte
Stawart
Warner
Mack Truck
Corti Products
Tutted Retail Sloes
United Wruit
Posiwin
Iieitic
Childrens
Metal Market
Silas High
Alta
Title Guaranty & ‘Trust Company
Main Street
Conservative Mortgage Investments
Lae
U.S
LL Winkelman
Broad Street
Hemphill, Noyes & Co
New York Stock Exchange
John Street
Bridgeport
Telephone
Barnum
Philadelphia
Boston
Pittsburgh
Albany Hoalgimore
Syracuse
Scranton
Turkey
Russia
India
Balkans
St. Maurice Power Company, Ltd
The
Shawinigan Water & Power
Bank of the Manhattan Company
New York City
Royal Bank of Canada
Toronto
Montreal Trust Company
Shawinigan Water & Power Co
McEldowney C Company
Firet National Bank
Eedescrd
Iota Noble
Republic OF Cuba
Hincks Bros. & CO
Main St
Bridgeport, Conn
Snail Easy
Equitable Industrial Loan Society, Inc
Bairfield Ave
Marquette
T. F. Manning & CO
Devonshire St
Bridgeport Marchants
Beneficial Loan Society
Liberty Blog
Conk
Lomas & Nettleton Co
Orange Street
New Haven
Conn
Call
Noble
New England Equity Corporation
State Street
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