Heavy stock selling eases as prices steady amid loans report
New York June 21. Brokers loans rise prompted initial selling in stocks but support emerged for favorites and dividend boosts. Major issues including Baldwin and American Can hit high levels before mixed closes. Industrials fluctuated. futures, bond yields, and currency markets showed modest changes as yen and franc values shifted slightly.
Foreign exchange rates steady in New York June 21
New York June 21 foreign exchanges steady with quotes in cents. Britain demand 486 1 4, cables 485 9 16. France cables 3.91 9 16. Italy demand 56 4 2. Belgium 13 68, Germany 23 69, Holland 40 03, Norway 25 90, Sweden 26 79 1 2, Denmark 26 72, Switzerland 19 25, Spain 17 13, Greece 1 35, Poland 11 20, Czechoslovakia 2 96, Jugoslavia 1 76, Austria 14 08, Roumania .60, Argentina 47 50, Brazil 11 75, Tokyo 47 37 1 2, Shanghai 62 52, Montreal 99 96 3 4, Portugal 5 05.
MENTIONED IN THIS ARTICLE
New York
iBy Associated Press
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Roumania
Argentina
Brazil
Tokyo
Shanghai
Montreal
Portugal
Shipping Arrivals and Sailed Vessels Report
Shipping report lists arrivals Majestic New York from Southampton Westphalia and Hamburg June 21 and 24 Buenos Aires Oscar II from Copenhagen June 21 New York Lapland from Cherbourg June 10 New Minnesota London June 20 Mauretania Plymouth June 9 31 New York and sailing 7 Thy a Reliance New York June 21 Hamburg.
MENTIONED IN THIS ARTICLE
Majestic
New York
Southampton
Westphalia
Hamburg
Southern Cross
Buenos Aires
Oscar II
Copenhagen
Lapland
Cherbourg
Minnesota
London
Plymouth
Record-Setting Capital Borrowing Across 1927 Markets
Capital borrowing in 1927 proceeds at a record pace with new stock and bond issues totaling 3.123 trillion dollars by June. Refunding issues amount to 446.01 billion, leaving a net new capital of 2.276 trillion. Public utilities lead, followed by manufacturing, with heavy real estate financing as well.
MENTIONED IN THIS ARTICLE
Financial Chronicle
Dallas
Irregular Curb Market Shows Wide Price Fluctuations
New York June 21 Irregular curb market with wide price swings across many stocks. Central Leather preferred and A stock led gains with a 33-4 point jump to 94 3-4. U S freight hit a high of 81 9-4 before closing down nearly 2 points. Union and United Tobacco climbed about 9 points to 82, with Hazelline and Curtis Publishing among others up 2 to 4 points. Motor shares weakened as Auburn and Marmon dropped 16-8 and 4 1-4. Other soft spots include Tidal Osage, Penn-Mex Fuel, Selberling Rubber, Massey Harris New, American Road Machine, Atlas Cement, and Canadian Cement.
MENTIONED IN THIS ARTICLE
Baldwin
Climbig
Canada
Central Leather
General Cignineral Motors
Manhattan
Market Street Railway
Postum
Texas and Pacific
U. S. Distributing
Ald
Western Pacific
Ralls
Bangor
Aroostook
Atchison, Lackawanna
Kansas City
Chesapeake and Ohio
New York
Congress
Adams Express
Nat Distillers
Alumady
Dati Nak
Alaska
Peer Uxl
Ss Bie
Ays & Son Allis Channers
Hog Conzol
Noy Ork
Bey
Wang Sng Sun
Ksig Sts
Delaware Emdsen
Hilde Teath
Dex
Hk Hn
Detroit
Hu Omatins Corp Ie
Litare Sun
Aun International Carp Prey
Il Devoe Raynolde
O Circuit
France
Eng
Aig
Wumond
Verge Brox Rey
Ana
Otis Steel
Ovens
Owens
Vuyty
Ann
Lastman Kodak
Eni Rat
Ua Am Iadiator
Ant Wester
Wigord
Elk Horn
Elie Horn
Putin K
Aw Sugar Refining
Hur Haaly Soo Tieattohnsan
Pontek
Lion Penn Ben
Peoria Gustern
Phils
rHdeus
Pitts
Arnoul Constaly
Baty
Artleon Coranes
Fondation Co
Porto Hiea
Meray Am Orank
Jon
P Lust
Zoo
Iit
Atlas
Pasta Alegre
Baltimore
Paris
Paris Fakes In ™ Ot: Alt Nore
Beltimore
Astrid Wee
Ghubel Bros Pfu
Uo Salto Hey
Gicien Co Ali
Rasingtos Utne J
Boa Velding Bominway
Bethlehem Steel
Brooklyn
Gotham
Trunswick Paike
Pehulle Teli
Geent Nor
Malle Retail
Burns Brow
Great West Sox
Ag Sunt Air Line
Great West Sag
Burns Tins
Coreen
Aberan Seno Copper
Guam
Hartman Corp
Yan Siza
Harninn Corp
Taorking Valley
Molander Son
Cal Petravenn
Nouvehold
Hounton
Howe Sound
Kourkern
Central Aloy
Btl
Bts
Central
Ile Vieris
Central Leath Patts
Julian Refining
Inire
Southern
Annie Cleve
Phandier Cleve
Interborough
Yan Siand
Mimi Ny
Ne Sy Bon
Harester
Roy Rath
Superior
Texas
EAM Chile Copper
Tntertype Corp
Pankey
Chrysler Corp
Bia Cures Corp
Jones Boog
Jones Tangann
Cinett Peabody Pti Ang
Jonian Motor Car
Union
ROY Za Kavsor Co
Ina Wa
Jo” Kelly
Collins
Kresge
Rappenheimer Co
Thanacor Gay
Wits
Lambert Co
Lee Rub ” Tlea
Anon N Inc Therle
Mack Tincka
Ray
Mallinson
Mtanhar
Marioe
Miswonei
Spencer
Willra
Wright
Nautleal
Kino Montgomery
Weller
Moon Motor
Youngstown
Hiyo Murray Corp
Associated Press
U. S
United Tobacco
Richman Brothers
Hazelline
Curtis Publishing Company
Tubize Silk
Auburn
Marmon
Penn-Mex Fuel
Selberling Rubber
Massey Harris (New
American Road Machine
Atlas Cement
Canadian Cement
Building Permits Totaling Forty Nine Thousand Three Hundred One
The Board of Building Commissioners granted permits totaling 49301 for numerous projects yesterday afternoon. Notable entries include Dera Selare 64 William Street frame balcony and Mary Sullivan three family frame houses at 138-140-142 Mill Hill Avenue with related garages. Other names and addresses cover a range of frame dwellings garages and additions across avenues such as Manhattan Ocean Roosevelt and Chalmers.
MENTIONED IN THIS ARTICLE
Board of Building Commissioners
Dera Selare
William Street
L. Russell
Manhattan Avenue
Hulda Mol
Mngton Avenue
T. W. Cook
Overland Avenue
Tony Fico
Pasquele Cenama
Dean Place
T. Fico
Panqwale Cenama
J. B
My. Snd
G. Chekan
Orange Street
Mary J. Ferrell
Beechmont Avenue
Martha Layman
Queens Avenue
Frank Damtoft
Tenme Gkage
Chalmers Avenue
Sarah Weiner
Read Street
Frank Beardsworth
Norland Avenue
Hniat Pybynanx
Williston Street
Nicholas Kundrat
Astoria Avenue
Emanuele Guimmarea
Atlantic Street
Muchalekaid
Roosevelt Street
Mary Sullivan
Mill Hil Avenue
Mill Hill Avenue
Gustave Mintzverg
Livingston Avenue
Louis Violante
Newfield Avenue
L. A. Goeppler
Clark Street
Metal market report from New York on June 21
Copper steady at 12.50 for spot and futures. Tin quiet at 67.50. August gold at 64.37 1 2. Tin steady. Lead steady at 6.40. Zinc steady with East St. Louis spot and futures at 6.20 to 6.25. Antimony at 12.50.
MENTIONED IN THIS ARTICLE
New York
Associated Press
East St. Louis
Treasury balance report from Washington shows general fund
The daily statement from the U S Treasury lists a balance of 297 million 800 thousand 167 dollars and 25 cents in the general fund for today.
MENTIONED IN THIS ARTICLE
Washington
Jung
The
U. S. Treasury
Bond Prices Mixed in Quiet Qui Session
Prices were mixed amid a quiet bond market session as high grade issues attracted limited buying. Brokers’ record booms hint at undigested new issues in dealers’ hands while upcoming offerings remain scarce and a large volume of securities awaits absorption next month.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Boans
Norfolk and Western Co
Northern Pacific
Amu
Wmn
United States
Bank and Insurance Stock Quotations
Clearing House reports April balances and exchanges with totals for exchanges at 1,179,000,900 and balances at 120,000,000. Federal Reserve bank credit balance stands at 101,000,000. Bankers Capital furnishes the stock quotations from New York on June 21.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank
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Waterberg
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