Bargain Hunters Appear as Stocks Hit Low Level Rally
New York June 28 Bond trading showed mixed mood with early losses turning higher on some lists. Government issues drifted overall lower while foreign bonds rallied with Lyons 6s and Marseille 14 up two points. Domestic rails rose on investor activity but many industrials fell, as Cerro De Fasco advanced two points and Virginia Carolina Chemical gained on a company denial.
MENTIONED IN THIS ARTICLE
New York
Tve
Yuterday
Lyons
Marseille
Xnew Taven
New York Westchester & Huston
Virginia Carolina Chemical Company
Maryland Oil
Cerro de Fasco
Han Ber
Pricsa
Judas
Grain Chicago Wheat Rises on Hope of Export Demand
Wheat prices jumped as estimates showed 4,000,000 bushels of future deliveries bought for seaboard. September and December contracts firmed while oats and provisions edged mixed. Market activity slowed for new export business and growers held back, despite brief rallies from stock gains and possible Franco-German tensions.
MENTIONED IN THIS ARTICLE
Chicago
Seaboard
Ato
Liverpool
France
Germany
New York
Dairy prices show gains across New York market
In New York on June 24 dairy prices rose with butter firm for creamery items and creamery extras, cheese prices mixed with fancy specials and average runs, and milk and eggs markets seeing firmer quotes. Wisconsin and Pacific Coast components followed similar firmness in fats and whites, with various firsts and extras noted across regions.
MENTIONED IN THIS ARTICLE
New York
Wisconsin
Pacific Coast
Foreign exchange market hits new low in New York rates
Foreign exchange traders in New York report a record low for the shel ling rate at 4 6 18 and widespread declines across major currencies. French francs hover around 6.12 cents while German marks are near 4 86 05. other currencies show modest losses and renewed demand is noted for several European units.
MENTIONED IN THIS ARTICLE
New York
France
Belgium
Switzerland
Sweden
Greece
Spain
Holland
Russia
Austria
Poland
Hungary
Serbia
Sevey
Finland
Czechoslovakia
Realty records quit claim deeds and mortgage items
Realty records list quit claim deeds from William D Beach to Patrick J Crewe and from Otto X Saur to Frank J Glancy Therese F Glaney. Mortgage and other transfers include Pasquale Pituso and Mary Piluso to Title Guaranty Trust Co on Beechmont Avenue and Andrew Baby to Philip L Holzer on Central Avenue with 700 dollars.
MENTIONED IN THIS ARTICLE
William D. Beach
Patrick J. Crewe
Park Avenue
People's Savings Bank
Astinette G. Weidlich
North Avenue
Guaranty and Trustecompany
Isabelle T. Banford
Reechtmont Avenue
Otto X. Saur
Frank J. Glancy
Therese F. Glaney
Pealty
Annie J. Palmer
Wredericte J. C. Hinderer
Tatarus Paolini
Grand Street
Mortage Deeds
Pasquale Pituso
Mary Piluso
Guaranty Title and Trust Company
Sealty
Beechmont
Avenue
Andrew Baby
Annie Baby
Philip L. Holzer
Central Avenue
Morris Tobias
Samuel Kain
Madison Avenue
New York Reserve Bank June 27 Statement Summary
Federal Reserve Bank of New York reports at June 27 close: total gold reserves 1,056,586,150.02. total reserves 1,033,364,987.02. bills discounted secured by government obligations 129,855,829.00 for members and 20,871,958,725.00 for all others. bills bought in open market 645,719,619.44. total bills in hand 204,089,302. total earning assets 235,192,552.16. due to members reserve account 705,822,812.01. total deposits 738,368,077.97. FR notes in actual circulation 998,713,132.00. ratio of total reserves to deposits and FR note liabilities 85.1 percent.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank of New York
F.rr
Metal market roundup steady copper tin and zinc
In New York on June 28 copper remained quiet with spot and nearby at 14 5, futures 15. Tin weakened with spot near 38.87 and futures 38.76. Lead remained steady at 7.00. Zinc quiet in East St. Louis with spot and nearby 5.70 to 5.80. Antimony spotted around 6.£ 0.a7,08 with no change. Tron held steady with prices unchanged.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Sal Jes Mgh
Law Famst
Ajax
Alfred Ghent
Baty
Allis Chalm
Ami Ag Semian 1859
Vo An Bose Mag i. Ihe
BBC
Ches & Ohlo
Chile
Tao
Coca Cola
G&s
AL Uta
Cruz Stee
Cuba
Eaewy
Ue Miabun
Guilt Steel
Bata Tiss
Houston
Invincible
Jung
Jones
Kana
Lehlgis
Lima
Mack Trick Wits
Mallinson Uy
ATA
Lone Marine
Adon
TOM Marine
Jn Woo Mart
Marland O
Lan Mathi Ak
MeIntyre Wits
Mont Ward
Nat Biscuit
Nort & Waar
Orpheum
Oity Steel ii
Owen BO
Pacific
Pan Am
Fenn Sea St
Penn RR
Phila Co
Sng
HBO
Utah
Day's Closing Shows Net Gains from 1 to 3 Points
Stock market closes with mixed gains and losses as traders reassess after a five day rise. Major rails and industrials, including United States steel and American Smelting, show modest gains while Baltimore and Ohio slips on dividend doubts. Call money remains firm around 5 percent amid midyear settlements.
MENTIONED IN THIS ARTICLE
United States Steel
Baldwin
Studebaker
American Can
American Smelting
Bosch Magneto
Dey Eoods
Davison Chemical
Dupont
International Harvester
Virginia
Atchinson
New York
Gentral Northern Pacific
Chicago & Northwestern
Baltimore & Ohio
Concrete roads rise as two months show large contracts
A Washington dispatch reports that about 2,200 miles of new concrete roads were contracted in the first two months of 1924, with the Department of Commerce data indicating a continuing rise in concrete highway use. Labor shortages and wage competition with buildings may curb the expansion later in 1924.
MENTIONED IN THIS ARTICLE
Ralph
Couch
Washington
Department of Commerce
New York Curb Market Sees Rising Pressure and Broad Gains
June 28 report shows a perceptible rise in selling pressure easing as a rally spreads across groups. Notable features include unusual demand for pipeline stocks and Roamer Motor Car orders that cover plant capacity through January 1. 1924. Industrial shares recover part of earlier losses and Derby Oil news boosts activity in energy issues.
MENTIONED IN THIS ARTICLE
New York
Roamer Motor Car Company
Ateadiest
Commission House
Midora
Derby
Sta Plaps
Wichit Kansas
Seaboard
Chicago
Hincks Bros Buy Meriden Bond Issue
Hincks Bros a Brothers & company won the bid for Meriden City bonds totaling 50,000 dollars at 4 1/4 percent interest. The issue will mature annually from 1926 to 1980. Officials had not decided whether the bonds would be publicly offered yesterday.
MENTIONED IN THIS ARTICLE
Hincks Bros
Meriden
A Brothers & Company
Piddeck
City of Meriden
Money market notes from New York closing rates
The June 28 Money New York report notes strong call money with near parity at night, bid and offer discrepancies around 6, and last loan and accepted bills broadly quoted. It records call loans, advances, and acceptances at about 4 to 6, reflecting tight liquidity and interbank activity.
MENTIONED IN THIS ARTICLE
New York
Cail
Cail Loans Aguinal
Exchange Head Pledges Help in Cleaning Bucketshops
New York June 28 Laurance Tweedy successor to William Silkworth as president of the Consolidated Exchange visited Attorney General Sherman and pledged support for a broad housecleaning of bucketshops and irregular brokers. He urged investigations and possible broker exemptions from prosecution to avoid the immunity clause.
MENTIONED IN THIS ARTICLE
New York
Laurance Tweedy
William §. Sillsworth
Consolidated Stork Xclianen
Aftorney
Sherman
Wall Street
Rm Tweedy
Silkworth
Consolidated
Tweedy
S &. Maloney
Hirman
Exchanges Law Committee
Ways and Means Committee
Market Report From Weston Weston's Produce Market
A June market summary from the Marketing Bureau of the State Department of Agriculture notes fluctuating fruit and vegetable prices with small, slack strawberries and limited No. 1 quality berries. Hudson River cherries, goosberries, peppers, and beans show varied prices. egg and dairy markets firming modestly. Livestock, meat, and hay values are listed with regional price ranges and transport notes.
MENTIONED IN THIS ARTICLE
Weston
Marketing Bureau of the State Row of Agriculture
Fludson River
Moore
New York
Georgia
Newlaid Ilancr
Hennery
Also Mentioned on This Page
NEW York Reserve Bank
Metal Market
Beneficial Loan Society Room
Liberty Building
Main Street
Noble
W. R. Bull & CO
First National Bank Building
Baia
Law
Ovallronds
Bain
Fay
Jay Ang
Ed Yor
Tune
Barnum
Equitable Industrial Loan Society, Inc
Fairfield Avy
Electric Bond and Share CO
Electric Bond and Share Company
Electric Power and Jight Enterprises
Rges
General Electric Company
Hincks Bros., & C CO
Main St
State
Eis Ridiyeam Cei Company
City Hall
People’s Savings Bank
Bank of the Dollar
People's
Savings Bank
Bonds Bank Stocks
Connecticut Securities
Investment Service For
E. B. Merritt & Co
Bridgeport
Conn
Fairfield Ave
Edw. B. Doulens
South Norwalk
J. M. Moeller
Washington St
Fairfield Avenue
Automobile
The
M. J. Jordan Ca
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