Market Roller Coaster as Rails Selloff Triggers Wide Swings
Reports of a bear pool and unruly trading roiled early activity as United Gas and other utilities led losses while Inter State Commerce Commission merger bets buoyed Mickel Plate. Oil stocks fluctuated with Carib Syndicate, Lago Is sued, and Standard Oil of Kentucky sliding amid broad sector weakness.
MENTIONED IN THIS ARTICLE
Sewore
Tleary
Actlvngg
Chegui
United Gas Improvement
Pireware
Iower and Light
South Easton Power and Light
Unitet Light and Power
Mickel
Interstate Commerce Commission
Glen Alden
Lehigh Valley
Carib Syndicate
Lago
Allo
Standard Os
Kentucky
Stutz Motors
Canada Dry Land Company
Florida
Bordens
United Fruit
New
Liberty Bonds Listing From New York February Brief
Liberty bonds tabulated with values for Liberty Ist 4 1 4s 4th 1-4s and U S Treasury 4s shown. Entries include Liberty Bonds at 1023 103 107 and related 4s quotes, reflecting market notes from New York on February 24.
MENTIONED IN THIS ARTICLE
Neay York
Liberty Bnd
Liberty
U Os Treasur
U Ss Treasury
Grain Market Turns. Wheat Prices Slump After Early Rise
Chicago Wheat opens firm on Liverpool strength and drought talks from Austin and India and a note Germany halted wheat sales. Prices rose to May 269 3 1 1 for July then fell below prior finish as selling by houses with eastern connections increased. Corn and oats stayed firm then eased and later gained, while provisions remained weak as grains closed lower overall.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Austin
India
Germany
Yokame
Foreign exchange rates in New York on Feb 24
Foreign exchange quotations from AP list cents per unit for major currencies and marks. Great Britain 485 11 16. cables 486 1 8. France 63 1 2. Italy 41 1. Belgium 404 3 8. Germany 23 30. Sweden 26 77. Switzerland 19 24 1 2. Spain 14 11. Poland 130 60. Czecho Slovakia 22 8. Jugoslavia 17 6. Denmark 26 97. Austria 14. Romania 42 1 4. Argentina 49 8 5. Brazil 147 5. Shanghai 74 3 4. Montreal 99 18.
MENTIONED IN THIS ARTICLE
York
Great Britain
France
Belgium
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Norweriia Krote
Bonds Waver As Market Fails To Pick Clear Course
New York eb 24 AP Bond prices showed a tentative trend with little change from recent sessions. Demand focused on new financing developments while listed issues moved only modestly, led by Canadian Government bonds oversubscribed at $40 billion and hopes for early approval of a state merger affecting several heavy-weight issues.
MENTIONED IN THIS ARTICLE
New York
Tedvya
Chancter
Thading
Montana Power
Strel
Chesapeake and Ohio
Mexico
United States
Stock Market Downturn Amid Rising Volume
Prices in today’s market moved lower though trading increased with volume over 1.9 million shares. Independent spot activity and buying support appeared for weak issues while rail rumors and broker sentiment influenced several stock moves across sectors and key names.
Real Estate Transfers and Deed Listings in City Streets
Summary of varied deeds including warranty and quit claim transfers. Names such as Dorothea Budi John Kouja and Til Kirk Realty on Greenwood Place appear with amounts from 300 to 5000 dollars. Mortgage and trust deed actions mentioned involving Mind We Baker and Slate Miller Realty on Thikley Avenue.
MENTIONED IN THIS ARTICLE
Warangy
Dorothea Budi
John
Joha Kouja
Dominic
Carolina Tax Variations Across States Highlight Income Levy
Tax data show wide variation in per capita taxes across states with North Carolina ranking highest at about 9.05 dollars per person driven by tobacco taxes. New York Michigan Delaware and California rank lower in per capita burden. Total federal taxes in 1924 stood at over 2.08 billion with 1.76 billion on income and 0.22 billion on miscellaneous items.
MENTIONED IN THIS ARTICLE
United But
Atlantic Coast Line to Acquire Atlanta Birmingham and Atlantic
News from New York states arrangements are close for the Atlantic Coast Line Railroad to take the Atlanta Birmingham and Atlantic Railway out of receivership. The plan envisions paying off first mortgage and income bonds with exchange into new preferred stock, while stockholders see little gain. Bondholders praise the offer as reasonable amid the market dip since the reorganization announcement.
MENTIONED IN THIS ARTICLE
Golly
Bank of
Linglind
Kieneh Ttanes
Jananes
Yen
Atlanta
Birmingham
Atlantic
Atlante Coast Line
Chicago and Alton Common
Atlie
BIW
York
Atlantic Coast Line Railroad
Birmingham and Miantic Railway
Wall Street
Coast Line
Amaliet Tosis
First Mort
Pemtingham and Atlantic Railway
Rowig
Atlantic Coast
Rua
Atlantis Coast Line
E Xaluy
Wall Street Notes Promptly Covers Mixed Results Across Firms
Wall Street notes report January revenue declines for several big firms including Union Pacific and Continental Copper while Public Service of New Jersey shows higher January surplus after charges. Other items discuss earnings for Nootwalk Tire, Tower Manufacturing, and Coke mints. Potential reorganizations for Chicago and Alton, and Davison Chemical merger plans are also highlighted with details on proposed stock increases and planned consolidations.
Also Mentioned on This Page
Associated Gas and Electric System
Tennessee
New York State
New England
Associated Gas and Electric Company
Bor
Associated Facilties and Securiies
Tertile Forts
Associated Gas and Electric Securities Corporation
Broadway
Taft-Peirce Manufacturing Co
Mechanic Street
Woonsocket
R. I
Prerislan Benen
Motara Ete
Makera Muelide Brown & Storp CL
la Evinte
Prate & Whitney
Shell
Meritl
Taft Peirce Manufacturing
Samuel T. Freeman & Co
Chestnut St
Federal St
Philadelphia
Boston
Musual System CO
the Mutual System
BANK
the Public’s Loan Service
Leggs
Noble
New England Equity Co
State Bank
State Street Pom
White Sewing Machine Corporation
Chicago Stockh Exchange
Hemphill
Noyes
New Fork
John Street
Telephone- Berman
Pibindelphia
Ston
Pittebargts
Tna
War Momi
Fidelity Loan Corp
Middle ST
John Bet John and
Wail St
State of
Connecticut
Bridgeport Westport
Fairfield
Stratford
Milford
Jaquire
Guaranty and Trust Co
National Dank
Bridgeport
Conn
Treasury
Wasdington
U. 5S. Treasury
Alton
Wits
Immnet
Southern Railway
New York Busquehinna
Western Ie
Towar Loyinilie
Montana
Ams
Baltimore
Ohio
Louisville
Nashville
Pittsburgh
West Vagina
St Louis
Southwestern
Moe
Chieiss
Great Western
Delawus
Hudson Gulf
Mobile
Northern
Wheeling and
Lake
Ely
Carolina
Canakioge Associares
Atlantic Line 10
A.B. A. Road
Atlanta, Birmingham and Atlantic Railroad
Atlante Birminghan
Atlantic Rusway
Atlantic Coast Line
Bool Bugg
Delver
Adb &A
Wall Street News
York Tech
New York Online
Continental Cin Company
Oshires
Sivek
Tower Manufacturing Company
Servce Corporation of
New Jersey
Toungstown
Uitnet
Tiederleh Fo Loeker
Davison Chemical Company
Stockholl
Davison Chemical
Indust
Mnica
Bauer Company
G Ober and Sons
The
Lomas & Nettleton Co
Orange ST
New Haven, Conn
State Bank Commissioner
German Savings Banks and Clearing Association
Bridgeport Noble
Hincks Bros. & CO
Barnum
the Man
Whiting
Lfe
Peres
P. O
Hartford