Market fluctuations drive sharp moves in diverse stocks
TREND WEW YORK Jan 3 reports wild price action across multiple sectors. Steel and chemical shares surged briefly while broad market leaders like Royal Typewriter and Procter Gamble regained ground after a volatile session. Public utilities and transportation issues also showed notable activity amid shifting investor demand.
Market roundup of grain and corn futures on January day
Chicago prices showed little change as trading stagnated under steady market conditions. Wheat held a one cent range while corn moved within a narrow area before upticks and modest recoveries amid unsettled demand signals.
MENTIONED IN THIS ARTICLE
Chicago
The False Security of Names in Investment Schemes
A writer warns against trusting famous family names such as Rockefeller and Ford in dubious investments. He shares a cautionary tale of a widow swayed by a fly-by-night proposition that mirrors a respected lineage, illustrating how mere coincidences in names can create dangerous false security.
MENTIONED IN THIS ARTICLE
Palse Security
Rockefeller
Ford
Rockeffelier
New England
Cabots and
Lowells
Virginky
Adan
Thorp
Rubber Prices Lie Ahead in Fluctuating Market
Rubber clean at only January 33.30 March 39.60 May 39.20 as of the New York market on January 3. The AP reports ongoing volatility in futures with readings showing small shifts across contracts.
MENTIONED IN THIS ARTICLE
New York
Bond Market Opens Firm Amid Quiet Demand in 1927
In New York on January 3, investors showed cautious but firm interest as January reinvestment lagged. Foreign government liens attracted demand for yielding assets while U S government bonds stayed subdued. The Third Liberty 4 1 9 touched a record high, and several railroad and industrial issues moved modestly higher. Over subscription figures emerged for the Federal Farm Land Bank issue and bids opened for the City of New York 4 1 4% corporate stock issue.
MENTIONED IN THIS ARTICLE
York
Jan
Europe
Guina
General Electric
Jurgen
U. S
Liberty
Consolidated
New York Central
North American Cement
Brooklyn Union
Central Steel &S
Chicago Railway
Federal Farm Land Bank
New York
Bank and Insurance Stock Quotations
Bank and Insurance stock quotations published by Bankers Capital Banks and Trust Companies summarize market activity for listed financial firms. The page lists prices, bid and ask figures, and daily changes for banks, insurance firms, and related financial services.
MENTIONED IN THIS ARTICLE
Bank and Insurance
Bankers Capital Banks
Foreign exchange rates ease vary across world markets
Foreign exchange in New York shows steady quotes with the British pound near 4.85 dollars in cables and bills at 4.80. France around 3.95, Italy about 4.49, Belgium 13.01, Germany 23.78, with other major currencies listed including Norway, Sweden, Denmark, Switzerland, Portugal, Spain, Greece, Poland, Czecho Slovakia, Yugoslavia, Austria, Roumania and Argentina. Tokyo at 49.00 and Shanghai 59.78 mark notable external valuations.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Portugal
Spain
Greece
Poland
Czecho-Slovakia
Yugoslavia
Austria
Roumania
Argentina
Brazil
Tokyo
Shanghai
Montreal
Prices of Stocks Break after Opening Strength Display
NEW YORK, Jan. 3. Stocks opened the year weak on the New York Stock Exchange with declines ranging from one to nine points in many issues. Selling stemmed from Mexican tensions, profit taking, reinvestment worries, and bear attacks amid unfavorable trade reports. Money rates softened, with call money at 6 percent, while higher priced industrials and speculators led the losses.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Call Joana
Baldwin
Vauelain
American
Crucible Steel
DuPont
Eastern Kodak
Foundation Company
General Asphalt
International Harvester
International Telephone
Pathe
Pullman
Remington Typewriter
United Cisar
Westinghouse Air Brake
Woolworth
New York Central
Atchison
Union Pacific
Government Surplus Revenue Aids National Debt Cut
The article explains how the U S Treasury surplus after covering interest and operating costs has been used to reduce the national debt. It notes 1924 interest at 832 million and current charges around 787 million, with total expenses slightly over three billion dollars.
MENTIONED IN THIS ARTICLE
Alexander Hamilton
United States Treasury
Dillon
New York Produce Prices and Receipts Report
New York prices for butter, creamery products, eggs, and potatoes show unsettled markets. Receipts: butter 6,496. Fagsenaler eggs 10,901. potatoes dull with Long Island bulk at 120 pounds and Danes herring wholesale around 28.00 to 30.00 per ton.
MENTIONED IN THIS ARTICLE
New York
Pacific Coast
Long Island
Green Mountain
Maine
Central and
Wiern
Metal prices today in New York market
Copper quiet on spot and futures trading at 13.25 to 19.37 per pound. Tin firm with spot and nearby at 67.59 and March 66.50. Zinc steady at East St Louis spot 6.97 to 7.00. No. 2 coal prices vary by region, with Alabama quoted 20.09 to 21.00. Lead dull at approximately 7.89. Anthimony listed at 12.87 spot.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Buffalo
Alabama
East St Louis
Money News Brief From New York Trading Floors
Call money eased on January 3 with 21 loans reported at 5.0 percent, closing bids steady. Time loans showed mixed collateral for 60 to 990 days at 4 6-8, 4-6 months at 4 5-8, prime mercantile loans at 4 1-4 to 4 1-2 percent.
MENTIONED IN THIS ARTICLE
New York
Mercantile
Cotton futures close modestly lower on varied contracts
Cotton futures in New York ended softer across several months with January around 12.60 cents and March at 12.69 cents. Spot middling price held at 12.80 cents as buyers stayed quiet.
Shipping News Arrivals and Sailings Listed
Shipping notices show several ships arriving and sailing between New York and overseas ports. Vessels named include Arrived Ascants London January 3 and Franconia New York January 4, with others bound for La Guaira and Marseilles from December 30 to January 4.
MENTIONED IN THIS ARTICLE
Ascants
London
New York
Franconia
San Juan
Caledonia
Colon
la Guaira
van Buren
Marseilles
American Banker
Realty deeds and mortgage transfers and treasury balance
Realty records list Charles Gladstein transferring Stillman street property to Michael Mengelsen and Weed Engineering Works to Manufacturers Iron Foundry on Union avenue. Mortgage deeds show Michael Mengelsen to Gladstein for Stilman street and Ametia Messer to Nine Weeks for Hickory street. Washington balance at noon shows 262,757,288.98 General Fund.
MENTIONED IN THIS ARTICLE
Charles Gladstein
Michael Mengelsen
Stillman Street
the Weed Engineering Works, Inc
Manufacturers’ Iron Foundry, Inc
Union Avenue
Stilman Street
Ametia Messer
Hickory Street
Washington
Daily Statement
The
U. S. Treasury
Balance General Fund
Also Mentioned on This Page
Wandard
Ohio
Banticaly Corporation
Mansille
Old Rock
Royal Typewriter Mrel
Ter and Gamble
Warner Pictures
Seany
United ” Toebieen
Ation
Forewn
I Public Utilities
Alee
American Light and Traction
Urain
Harland I AS
Bankers Capital Company
Bridgeport
Wall Street
Bank and Trust Co
H. Guneen S.J. Syuware
J. Vu, Kime B. J. Ramone
McKie Cama
Frie Waar Meese Denn Kioma
F. Cannon
Tels
Noble
Connecticut
SAIL
Dda
Investment Department
Undertone
Bank American
Irving Trust Co. of America
Bank of Anation
VT G
Bank of Manhattan Co
Bank of Y. & Trust
Bank
Statenets Bank Ryd
Titc Ny
Bowery
Manufacturers Trust Co
Bank of Commerce
National City Bank
City Bank
Rta
Jonal Park Bank
York Treat Co
Fidetity Phoenix
Glenn Fallade
Hartford
Sincom
Tom Nee
Bankers Capital Corp
U.S
U.s.treasury
Camnemee Associates
Boster
N.Y
Dow
Hannery
Western
Pullets
Hennery
Shipping News
Treasury
Hemphill, Noyes & Co
Bridgeport Land & Title Co
Central Power and Light Company
Connecticut Electric Service Co
Eastern Dairies, Inc
Federal Water Service Corp
Standard Gas and Electric Co
United Illuminating Co
Waterbury Gas Light. Co
Atlantic Carton Corp
Bridgeport Brass Co
Bridgeport Hydraulic Co
Conn. Light & Power Co
Federal Land Bank
McCallum Hosiery Co
Hincks Bros. & Co
Barnum