New Haven Bond Market Faces Weakening Francs Amid Volatile Trading
July 3 New Haven notes show heavy early selling with franc bonds dropping nearly 3 points while some issues rise. Interboro Rapid Transit and Eastern Cuba Sugar bonds post gains, Goodyear and Goodrich drop, expecation grows for a new 10 million tax exempt issue from Intermediate Credit Banks mid month.
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New York
U. S
New Haven
Atchison General
Rock Island General
Erie
Southern Pacific
Seaboard Air Line
Interboro Rapid Transit Bonds
Eastern Cuba
Eastern Cuba Sugar 7 1-2S and aArmour
Grain prices rise on rust fears and corn acreage drop
Chicago grain markets opened easy but moved higher as rains in the southwest and rust concerns lifted values. Wheat closed unsettled with September at 1403 3-3, December at 106 1-4 to 166 2-8. Corn rose 1-2 to 1c, aided by a reported corn acreage reduction of over 1,000,000 acres from 1922. Oats followed, and provisions advanced with the hog market.
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Chicago
Liverpool
Metal market report shows steady copper tin zinc as prices hold
July 3 metal market notes copper steady at 145-8 to 15, tin at 37.87, iron unchanged, long steady spot 6.42, zinc quiet at East St. Louis nearby 3.75 to 3.77, antimony spot 55 cents.
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New York
Dax
New Fork
Stock Market Dull Pre-Holiday Amid Broad Declines
New York shares slipped as liquidation hit low priced issues led by New Haven and Atlantic Gulf as traders priced in a heavy reorganization assessment. Railroad stocks fell with Delaware & Hudson and Canadian Pacific down, while Baldwin’s 3 point drop signaled sector weakness before a late rally. Oil shares steadied on reduced output optimism. money markets showed a cautious tone with call funds near 5 percent and time funds around 5 1/4.
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New York
New Haven
Atlantic Gulf Common
Seaboard
American International Corporation
Central Leather
Reac
Commot
Atlantic Gulf
Reorgan Ven
Delaware & Hudson
Canadian — Pacific
Louisville & Nashville
Reading
St. Paul
Missouri Pacific
Chicago
Nois
Baldwin
Studebaker
U. S. Steel
American Can
American Woolen
Fuecky Mountains
Call Money
Record Bank Savings Rise Across Nation
A Federal Reserve survey shows savings deposits in principal banks exceed 6.548 billion dollars, up more than 10 percent in a year. Lower living costs and higher wages drive thrift across districts, expanding the cash reservoir available for investment and lending.
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Savings Bank
Bain
Ralph Couch
Washington
Federal Reserve Board
Federal Reserve System
United States
Dairy Prices and Liberty Bonds Reported in New York
July 4 market notes show butter easier and unsettled with creamery prices pausing. dairy yields indexed by grades and extras, while eggs strengthen amid firm market. Liberty bonds quotations listed alongside treasury yields, reflecting mixed commodity and financial activity.
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New York
Creamery
State Davy
Wisconsin
Pacific Coast
Ban on English Livestock Import Continue Despite Outbreaks
Washington July 8 The Department of Agriculture announced continuation of the ban on importing livestock from England due to hoof and mouth disease. A few outbreaks on June 21 led to the abandonment of lifting the embargo.
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Washington
England
Department of Agriculture
Curb Market Opens Pre Holiday With Mixed Oil Steady Gains
New York curb market today shows dull pre holiday tone with opening firmness fading to irregular late trading. Indiana Standard Oil leads oil issues with a close near 53 7 8, Kansas and Kentucky Standards post gains of 2 and 1 points. Prairie Oil & Gas rises 4 on light turnover while Salt Creek nudges up on an extra dividend. Others like Roamer Motor hit a new intraday peak, Durant and Cleveland slip slightly, and Gillette Safety Razor slides 2 points. Mining shares trade choppily in narrow ranges.
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York
Tandard OF of
Indiana
Standard Oils of
Kansas
Kentucky
Standard of
Ohio
Prairie Oil & Gag
Salt Creek
Roamer Mator
Rae
Durant
Cleveland
Gillette Safety Razor
Foreign exchange market traces currency shifts in New York
In New York the foreign exchange market showed a wealth of sterling at a new low around 4.53 dollars, while European currencies rallied slightly. The German mark hovered near .104 cents, with various rates and cable quotes indicating mixed demand and short-term movements across Amsterdam Paris and Copenhagen.
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New York
Sterle
Paris
SONNE
Amsterdam
Wij
Uirad
Fernw
Mr MY Oe
Capenhseen
Switzerland
Ifr
Spain
Pesety
Berlin
Gnark
Cnitinued
Feed Market Quotation Report June 1823 Grain Prices Decline
Quotations from the U S Bureau of Agricultural Economics and State Board of Agriculture show feed markets weak with Chicago wheat down 4 1 3 cents and corn down 43 4 cents. Spring wheat prices hold higher than southwest quotes while hay remains weak amid ample receipts. Prices listed include oats, corn, bran, middlings, gluten feed, and cottonseed meal with shipments measured by ton and bush.
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S. Bureau of Agricultural Economics
State Board of Agriculture
Chicago
South West
Shinmien
Linmars
Connecticut
June business failures smallest in two years
New York reports 1 978 business failures in June the lowest monthly total in two years. First six months show over 9 000 failures, down ten from the prior six months. Also notes St Pauls Cathedral's enormous weight on crypt foundations around 4900 tons with ground level pressures up to six to ten tons per square foot.
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New York
Bradsteet
St. Paul's Cathedral
Ford investment dividends start off with million
Detroit July 2 Distribution of more than $1,000,000 in dividends to about 30,000 holders of Ford Motor Company investment certificates has begun. The plan pays 8 percent for the six months ending June 30, as announced with the certificate program.
MENTIONED IN THIS ARTICLE
Detroit
Mid
Ford Motor Company
Spot cotton market report from New York on July first
Cotton market in New York shows quiet spot activity with Middling Upland quoted at 2 cents per pound. Trade notes limited as buyers and sellers hold prices steady amid thin demand and heat for the holiday week.
MENTIONED IN THIS ARTICLE
New York
Guaranteed returns adjust with conditions and employee draws
The communication notes a guaranteed annual return that can be increased when conditions permit. Employees are allowed to receive up to one third of their salary in advances, with a maximum equal to one year's salary.
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