Market Narrow, Brokers’ Loans Fall Small Amount
New York trading held a narrow range with mixed advances in some spec stocks up 2 to 4 points while weak spots cropped out. Daily volume stayed under 2 million shares as credit conditions held steady and the weekly Federal Reserve report showed brokers’ loans down 6.48 million to 3,721,894, with italics on oil shares and steel remaining steady amid inconsistent business signals.
MENTIONED IN THIS ARTICLE
Nsw
York
Associated Press
New York Legal Reserve Bank
Federal Reserve
Ciscuit
U. S. Steel
Speculators Vary but Bull Trend Dominates Stocks
Stock market summary reports mixed activity with a bullish tilt. General Motors rose to 137 1 2 as Baldwin hit a 1928 peak near 258 1 2 while American Can inched up and GE fell. International Nickel slid from an oversold short cover rally, Radio rebounded, and several names including American Encaustic Tile and Dupont showed strength. General Railway Signal plunged to 66 1 8, rails weakened, and Calumet & Arizona along with International Silver touched new lows. Foreign exchange was steady and commodities were irregular with cotton up slightly and coffee surging while sugar eased.
MENTIONED IN THIS ARTICLE
General Motors
Baldwin
American
General Electric
Shorts
International Nickel
American Safety Razor
Bayuk Cigars
Dupont
Kresg
Montgomery- Ward
Union Carbide
Universal Loaf
Weston Dalley
Continental
Calumet & Arizona
International Bsilver
Moto Meter A
Federal Light & Traction
Frisco
Foreign exchange rates steady in New York markets
Foreign exchanges in New York held steady with bid and cable quotes across major currencies. Rates listed include Great Britain at 487 9 16 demand, 427 7 8 cables. France 8.92 8 16, 2.05 7 16. Italy 6.28 5 8, 6.90 1 8. Belgium 13.92 1 2, Germany 23.36 1 0, Holland 40.20 1 2, Norway 26.63, Sweden 26.44, Denmark 20.78 1 2, Switzerland 19.35 1 4, Spain 16.60, Portugal 4.80, Greece 1.32 1 4, Poland 11.365, Czecho Slov Slovakia 2.06 1 4, Jugoslavia 1.76 1 4, Austria 14.10, Roumania .61 1 2, Argentina 42.75, Brazil 12.00, Tokyo 46, Shanghai 25, Montreal 89.81 1 ¢.
MENTIONED IN THIS ARTICLE
Luvisis
Og Woo
Rod ’ Jay
Stewart Wars
Stromberg
Baker
Nlek
Pup
Steel
Lory
Wao xl
Fey
Kan City
Ai Kayser J
Kelly Spring
Kelly
Kinney Co
Ant
Underwood
Rose
Laney
T. Mbert Cn
Ries
Hy Bey Adu
SF Tm
United Bisaawi
HK Bis
United Dyeweud
U S
Loritland Pie
Muriel Ford
Bos
HU Macy
Mruttson My
Mazina
Slenedel Bros
Vanadhian Corp
Vitek Chemien & Yoo
Victor
Martin Parr
Mathieu al
McCrury
Vivaudou Inc
Saley
York
Marci
Miami
New York Stock Exchange
Nor
Ste Guy Che
Middle States Oil
Warner
Chile
Miller Rubber Dat Ag
Brus ‘Quinlan
ORY Ai
Wiurren BK
Adams Ex
Chills Ua A Prag
Warren Tiros
Ubs
Missouri KK Tex
UBT
Warren Vly Pipe
Cristie
Missouri Peelfle Bel
Weber Hellch
Ajax
Suin Tsun Cheywler Corp
Missouri
West Dairy Aot
Liebe
Maryland
Dul
Bie & Gu
Peabody Ee EL
West Penn
Weaz
Cock Cola
Penn
Western Union Telsui
Amurada
Amerada Corp 2
Columbus MI
Westings Mit
Eh Motors
Otis
BAON
Bellas Heay
Willys
Solv
Crab
Win Oy
Linry
Woolworth Co
Worthington
Wrighey
Conkat
Youngatowa
New York Air Brake
New York Central
Ate la France
Imag
Bicfon Croom
Ortelk West
Agony
AL Ratpray
Wwe
North Am
Forthern Pacific
Nowwatk
Norwalk
Brest
Detroit Edison
Ant Etrel
Gianihon Corp
Devon Bay
Creal
Wigoo
Wily Hue Vodee Bros A
Dodge Itrea
Otix Steel Pil
Tel
Owens Gute
Owens
Eastman Kodak
Easting Kot P
Eaton
Packard Slator
Fabo Atchixon
Kier Refriaeration
Oyeema Fam Lasky Vane
Ubbo Atchinon
Elector
Park Wiilord
Euersor Brant
Go Dork Taht Mines
Atantic Fefining
Wozig Wen
Endivett Jolmeen
Mage Synest
Engineers
Guy Pathe
Bea
Paty Sory
Austin Nichols
Viss Autosalen
Tate
Triat
Erie
Bangor Arov
Padricinis
Bank of Co Ui
Letito Sfornia
Barnaul Data
Fairbanks Furne
Thutpa Jonew
Veter Stir
Phihe Perel Ag
Beacon Oil
Thy
Free Arrow
Belding Heinlows
Bethrebyin Mtee
Firet
Beth Bree
Iain
Ray
Bloomingdale
Morton
Brooklyn
Ashe Age Bronswick
Barrovgna
Remington
Byers
Walla
Duneph
Lowe Sa
Lonia
Seatoord Ae
Alloy Sr
Hiberl Theatre
Hert
Konthern Thorter
New York
Moten
EU Agcocateq Press
Great Britain
France
Italy
de Cmand
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Czecho-Slovakia
Jugo-Slavia
Austria
Roumania
Argentina
Brazil
Tokyo
Shanghai
Montreal
Shipping arrivals and departures listed for March
A maritime column lists ships arriving or sailing from New York entries include Westphalia from Hamburg on March 1 and Franconia, New Empress of France, Oscar II and others sailing toward Hamburg Berlin Cape Town Cadiz and Hong Kong with dates in February and March.
MENTIONED IN THIS ARTICLE
Westphalia
New York
Hamburg
Devonian
Antwerp
Wilson
Alexandria
Franconia
Hong Kong
France
Cape Town
Berlin
Bremen
American Legion
Ste Janeiro
Metals News Roundup From New York Markets
Copper steady both spot and futures around 14 1-8, with East St. Louis quotes near 51.50. Iron and lead unchanged, zinc steady at about 6 4 1 2 in East St. Louis. Antimony near 10.25, with market tone steady across metals.
MENTIONED IN THIS ARTICLE
New York
Associated Press
East S J. Louis
East St. Louis
Treasury Daily Balance Report Shows General Fund Total
The daily statement from the Treasury lists the balance of the general fund at 63 31,909.65 dollars for today March 1 in Washington.
MENTIONED IN THIS ARTICLE
Washington
Daily Statement of the
United States Treasury
Balance General Fund
Bond Market Holds Firm Tone Amid Slower Trading
New York March 1 The bond market stayed firm though trading was lighter than yesterday. Highlights included the plan to offer a 100 million St Louis and San Francisco 41-28 issue at 7 plus a 49 million preferred stock issue to common stockholders. Some high grade mortgage issues showed small moves while Seaboard group weakened and Polish issues drifted. Oslo gas and electricity works oversubscribed. New York City corporate stock issue largely sold. U.S. government securities dull.
MENTIONED IN THIS ARTICLE
New York
Associated Press
St. Louis
San Francisco
Ssco
Seaboard Group
St. Paul Lens
Park Lexington
Continental
Sug & Peper
Cuba
Oslo
Norway
Gas & Electricity Works
Capital Railway Company
Ste
St. Louis-San Francisco Railway Company
Kansas City
Fort Scott and Memphis Railway Company
St. Louis-San Francisco
New ¥ i
John A. Ald
St Louis
Caex
Rathway Company
St. le
Missouri
Kansas
Oklahome
Arkansas
Texas
Mississippi River
Memphis
Tennessee
Sippi
Alabama
Birmingham
Florida
Gulf of Me
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Francis
Leritbind
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Mau
Midvale
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Speyer & Co
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J. & W. Seligman & Co