Steel's showing sustains market as dull session ends
New York stocks opened mixed and drifted lower before a steadying late rally driven by a favorable United States Steel statement. Steel shares were firm to strong but failed to gain solid traction, while oils slipped and bonds moved lower with Liberty issues at a new low. Volume reached 700,009 shares and total par value sales stood at $11,275,000.
MENTIONED IN THIS ARTICLE
New York
United States Steel Corporation
United States Steel
Savage Arms
Liberty First 4
Federal Reserve Board Says No Coercion Used
Washington Jan 28 The Federal Reserve Board and banks have not coerced nonmember state banks to join or follow regulations. Governor W P G Harding told the Senate the board aims to lawfully implement provisions without discrimination. Any improper action would lack board authority or consent.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Federal Reserve Banks
Federal Reserve System
Senate
W. P. G. Harding
Gaia
Embargo Declared On Freight In Boston Rail Strike
Boston January 28 embargoes halted freight traffic on the Boston and Maine and Boston and Albany lines as about 1200 union freight handlers walked out. New York New Haven and Hartford terminals stayed quiet for now but may join, as clashes unfold over wage demands pending with the railroad administration.
MENTIONED IN THIS ARTICLE
Boston
Boston & Maine
Boston & Albany
New York, New Haven
Hartford
Credit renewal for Allied nations refused by Ottawa
Ottawa announces an order in council refusing renewal of an unexpended $62 million credit extended by Canada to France Belgium Roumania and Greece. Canada had earmarked $25 million for each country to finance purchases of supplies, but only $38 million had been spent by year end, causing the lapse.
MENTIONED IN THIS ARTICLE
Ottawa
Ont
Canada
France
Belgium
Roumania
Greece
Market News Roundup Butter and Bees Prices in New York
PRODUCTION and price notes from New York on January 28 include butter receipts at 7,964 with creamery extras quoted around 62 1-2 to 63 and firsts 38 to 61 1-2. Bee supplies show receipts 9,739 with fresh gathered extras near 64. Prices for sugar, wheat, and corn futures listed. spot wheat No 2 red around 2.65 fob steamer. corn No 2 yellow 1.72 and No 2 mixed 1.71, with 20 day ship data and No 1 white 1.01 1-2.
MENTIONED IN THIS ARTICLE
New York
State
Pennsylvania
F. O
Liberty bonds final prices reported in New York
Liberty bond prices were released from New York on January 24 with figures for various issues. Final prices listed include 3 18s at 95.80, 1st 4s at 1.56, 4s at 90.58, 1st 4 1-4s at 91.88, 4 1-0s at 90.93, 4 1-4s at 93.46, 4 1-4s at 91.20, and 8-475 at 98.20 though some text is garbled.
MENTIONED IN THIS ARTICLE
New York
Mistory
Stock Transactions Reported From Yesterday
Yesterday's market activity shows shares sold with opening, high, low and fast quotations listed. The item records trading ranges and prices for the day, noting securities moved across the board and indicating liquidity and volatility.
Red Star to resume Antwerp New York service
The Red Star line will resume Antwerp to New York service after February 26. Ships involved include the American steamers Sxroonland and Finland and the British steamers Lapland and Zeeland. The announcement came from the International Mercantile Marine company in New York.
MENTIONED IN THIS ARTICLE
New York
Red Star Line
Antwerp
Realty Records Quit Claim Deeds and Mortgages Noted
A sequence of real estate transfers and mortgage actions lists quit claim deeds from Theresa D. Potkin to Isaac Scott and others, plus warranty deeds from William H. Moffitt to Minnie Flanagan and from J Louis Clyman to Antonio Giannini. Mortgage activity includes Emma Conley, Robert Cascella, Elza B. Wordin, and Mary Mooney among others with dollar amounts and property fronts cited, plus a certificate of attachment against Silas Vele for damages and costs.
MENTIONED IN THIS ARTICLE
Theresa D. Potkin
Isaac Scott
Hawley Avenue
Lindley Artest
Hdward F. Elwood
Ernest E. Seyfert
George A. Seyfert
George 4. Seyfert
Bertha M. Elwood
Bunnell Street
Louia H. Cocozza
Robert Cascella
Englewood Avenue
City Savings Bank
Thomas ‘Wilkins
Lagan Street
City National ‘Bank
Joe Francis Burr Perry
Alfred Gilman
William H. Moffitt
Minnie Flanagan
Trumbull Avenue
Nikholaus Rottenathaler
Louis Clyman
Hamilton
Pembroke Streets
Emma Conley
J . Louis Clyman
Antonio
Rosalina Giannini
Pembroke Street
John Rourick
Herman H. Gets
Poplar Street
Mary Mooney
Lenox Avenue
Antonio Giannini
Rosania Giannin
Elza B. Wordin
Harry Klein
Yale Street
Patrick J. Cooney
Helen I. Cooney
Mary A. Murphy
Frank Street
Herman H. Getz
George A. Robertson
Herman Arnoff
Max Kaplan
State Street
Stiiman and Godfrey Company
Silas Vele
Grain Prices Dip as East Rail Traffic Worsens
Chicago grain prices eased with corn down after reports that railroad traffic east of Chicago grew worse. The close was steady to modestly lower with May at 1.35 and July near 1.33, while data were unchanged to 14 down and provisions down 26 to 60 cents. No new grain shipment permits to the east weighed on sentiment.
MENTIONED IN THIS ARTICLE
Chicago
Dry Goods Prices Rise on Fall Line in New York
DRY GOODS NEW YORK reports opening prices for men's wear rising about 5 percent over postwar lows as fall offers appear. Cotton goods show steadier demand with barges buying ginghams and flannels for autumn. Linens remain firm and oats steady amid cautious purchasing.
MENTIONED IN THIS ARTICLE
New York
First Potash Shipment Reaches Philadelphia From Germany
The Norwegian steamship Tungus arrived from Hamburg with 4,000 tons of potash, the first direct shipment to Philadelphia in four years. The cargo was unloaded today, marking a notable trade event for the port.
MENTIONED IN THIS ARTICLE
Philadelphia
Germany
Tungus
Hamburg
Extra dividend declared by Savages Arms Corp
New York January 28. The Savages Arms corporation of Sharon Pennsylvania declared an extra dividend of five dollars a share on its common stock. The regular quarterly dividends of one dollar fifty cents on the common and one eighth four per cent on the first preferred and one and one half per cent on the second preferred were also declared.
MENTIONED IN THIS ARTICLE
New York
Savages Arms Corporation
Sharon
Cotton market closes steady with higher prices reported
The cotton market in New York opened higher and absorbed offers as prices rose to the day’s high in late trading. The general list closed with a net advance of 3 to 44 points. Exports reached 48,245 bales for the day, totaling 8,678,872 so far this season. Port receipts were 19,812 and United States port stocks stood at 1,400,217.
MENTIONED IN THIS ARTICLE
New York
United States
Coffee futures slip on European demand and Mauldation
The New York market for coffee futures fell today under further Mauldation with active months down 14 to 35 points from last night. January through December contracts are listed with values from 15.25 to 16.99, spot quiet as Rio Ta 16. BUYS WINDSOR MILL. The Consolidated Textile Corp takes control of Windsor print works in North Adams Massachusetts. amount not disclosed. A British crown loan for 1 billion crowns financed Austrian raw materials purchases.
MENTIONED IN THIS ARTICLE
New York
Furter Mauldation
Windsor Mill
Jan
The
Consolidated Textile Corporation
Windsor Print Works
North Adams
Mass
Rates For Exchange Slide To New Lows As Japan Enters
New York Jan 28 Foreign exchange rates to London and other centers fell to record lows amid heavy selling from domestic and foreign sources. The downturn extended to the Orient with the yen weakening for the first time in over a year as London, Paris and Brussels currencies tumbled. London traded amid consternation as debt dynamics and calls for international coordination weighed on the market.
MENTIONED IN THIS ARTICLE
York
London
Japan
Paris
United States
International Exchange Committees
Totley
New York
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Steel
Brigh
Federal Bank Board
Harding
Als Chaimers Eae Eenae Ag
Amer Bosch Magneto O
Amer Locomotive
Amer Ship
Amer
Amer Steel Felries
Sumatra
Amer Tel and
Amer Tobac Secun Wee Cay
Fepf
W Ind
Baldwin Locomotive Sane
Baltimore and Ohio
Bethlehem
Cerro de Pasco
Chandler Motor Sone
Northwest
St. Paul
China
Columbia Gas and el
Columbis
Eves Oo
Continental Gandy Sestedensses
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Goodrich
Great Northern Pf
Inspiration Copper Syneer Ao
Inter Nickel
Enaes Eo
Inter Mere
Marius Seemnter
Aly
Inter Mera M Pf
Kennecott Copper
Ali
Keystone Tire and Bon
Lackawanna Stee
Maxwell Motor
Mexican Petroleum
Oboum
Midvale Steel
Middle States
Olseeeeaee
Missouri Pacifia
Ab Ng
Missouri Pacific Pt Oe
Okla Frod
Heta
Ouls Steel
Pan-Amer Pat
Pan Am P
Republic Iron and Feel
Royal Dutch of
N Vo
Sloss
Sheffield Oe
Southern Pacific
Southern Railway
Studebaker Ee
Srowe
Union Ol
Union Pacific
U S
U & Steel
U §& Steel
S. Utah
RED Star
New York-Antwerp
Artiyes
Vienna
Austrian Republic
Derby
T. L. Watson .& CO
John
United Eluminating
William R. Bull
Bar
A. M. Wooster
U. S. Patent Office
Main St
Bridgeport
Conn
William Whitman Company, Inc
Massachusetts
William Whitman
Acadia Mills
Arlington Mills
Katama Mills
Monomac Spinning Company
Lawrence
Manomet Mills
Nashawena Mills
Nonquitt Spinning Co
New Bedford
Southern
Calhoun Mills
Mary Louise Mills
Guaranty Trust Company of
Shawmut Corporation of
Bosto
First National Corporation
Bostor
Estaback & Co
F. T. Staples
James Staples
Cities Service Company
BP-2
Cities Service
Bolster & Company
Liberty Building
Noble
Springfield
Providence
Manchester
New Haven
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Wall St N
A. B. Leach & Co., Inc
Investment Securities
Cedar Street
New
Butts
Cleveland
Minneapolis
Liberi
Cour
S&s No C
Jservice
United
Guaranty & Trust CO
Cons
Louis M. Comen Public Accountant
Liberty
John P
Yeorgin
Hanwond
Tre