Stock Market Rally Follows Late Day Surge In New York
The New York stock market rallied in the last hour after a dull day, erasing many early losses. General Electric jumped to 329, American Can rose, and several rails and industrials showed gains while some names slipped. Bond and money markets stayed easy with the Treasury offering long term bonds looming.
MENTIONED IN THIS ARTICLE
New York
Aera
New York Central Railroad
United States Rubber Company
Phillips Petroleum Company
Pennsylvania
Germany
League of Nations
Treasury Department
van Sweringen
Rairoad
General Electric
Andmerican
Jos
Pere
Wall Street Notes on RCA 1925 earnings and 1926 outlook
The Radio Corporation of America reports 1925 net earnings of 5,747,206 after charges, down from 8,603,422, but notes improved business in Q4. 1923 surplus after taxes and reserves was 2,552,998, equating to 1.27 a share on common, versus 2.90 in 1924. Also reported: Mae Anglo-American dividend 10 percent payable March 23. Guaranty Trust to pass through American shares. Curtiss Aeroplane net 146,780 for 1925, $6.21 a share on 7 percent preferred. Port of New York Authority bonds offered at 14,900,000, oversubscribed.
MENTIONED IN THIS ARTICLE
New York
Radio Corporation of America
Mae Anglo-American Corporation of South Africa, Ltd
Guaranty Trust Company of
Curtiss Aeromiane and Motor Company
Port of Law York Authority
New Jersey
Renewed selling sends curb to lower bidding in New York
Renewed liquidation of Public Utility shares moved prices in today’s curb market. Power and light stocks fell after it was disclosed a banking syndicate had taken over large holdings of United Power and Light. American Light and Traction slid while Electric Investors dropped sharply before recovering. Oil issues declined on refinery shutdowns due to floods and expected dampened drilling. Tidewater and associated stocks traded unevenly, with Clestrie Refrigeration and Land Company of Florida among the weak spots.
MENTIONED IN THIS ARTICLE
Marquette
Chesapeake
Foundation Company
Fallig
Coca Cola
Gulf States Step
McCrory
National Glank and Salt
Pullman
Tidewater Oil
United Pratt
U. S
Western Titon
Steel
Spota
New York, March
AP3
Banking Syndiate
United Power and Light A
American Light and Traction
American Gas
Electic
Commonwealth Power
Southeastern Power and Light
Pennsylvania
Humble Oil
Standard Oils
Kentucky
California
New
Reiter
Foster
Largo Petroleum
Gulf
Iissue
Clestrie
Land Company of Florida
Sears
Foreign exchanges show varied quotients in cents and pounds
New York March 8 AP foreign exchanges Irregular quotients list demand values for Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czecho Slovakia Austria Romania Argentina Brazil Tokyo Montreal and other currencies with rates including 485 for sterling and 3.67 1 2 for franc and 4.04 for the Brazilian real alternatives among cables and bank bills.
MENTIONED IN THIS ARTICLE
New York
Great Beltain
Emand
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Czecho-Slovakia
Dagoslavia
Austria
Roumania
Argentina
Brazil
Tokyo
Shanighal
Montreal
Treasury Balance in Washington Daily Statement
The Treasury balance in Washington for March shows the general fund standing at 350 million 320 thousand 447 dollars and 51 cents.
MENTIONED IN THIS ARTICLE
Washington
Daily Statement
The
U. S. Treasury
Balance General Fund
Copper Export Association Aims To Stabilize Market
Copper industry seeks to strengthen copper by reaching pre war levels amid rising prices and tight supply. A new Copper Export association plans to market surpluses orderly, reducing cutthroat competition while domestic demand remains strong for months to come.
MENTIONED IN THIS ARTICLE
Copper Statistics Company
Ships Arrive as Transatlantic Vessels Enter New York Trade
Yesterday ships arrived in New York from multiple ports including Bremen Naples Gibraltar and Glasgow. Vessels Meunchen Conte Biancamano Gripsholm Adriatic and others carried passengers and cargo with several London Lisbon and Southampton sailings noted. A New York bound sailing President Roosevelt left for Southampton on March 7.
MENTIONED IN THIS ARTICLE
New York
Meunchen
Bremen
Columbus
Tuscania
Glasgow
Bronree
Kebe
Brithania
Lisbon
Roosevelt
Southampton
Maren
Liberty Bonds Market Report New York March 8
Liberty bonds quoted with prices for Liberty 3 1 28 at 100.40 Liberty 1st 4 1 43 at 102.10 Liberty 2nd 4 1 48 at 160.23 Liberty 8rd 4 1 43 at 101.6 Liberty 4th 4 1 49 at 102.38 U S Treasury 4s at 104.12 and 107.20 for 4 1 48.
MENTIONED IN THIS ARTICLE
New York
Bonds
Liberty
U. S. Treasury
U.S. Treasury
Clearing House Report From New York March 8
Clearing house statement shows exchanges totaling 505 million dollars with balances around 96 million. Federal Reserve Bank credit balance is listed as 95 million six thousand eight dollars.
MENTIONED IN THIS ARTICLE
New York
Clearing House
Federal Treserve Bank
Liberty Bond Revival Signals Long Term Issue Plan
In New York March AP reports U S government bond strength contrasts with a market slump in stocks and industrials. The Treasury announces a 500 million long term issue on a 33 4 per cent basis, boosting Liberty bonds and drawing banker approval for the 20 year callable feature and reinvestment option for third Liberties. Railroad bonds slip despite some recoveries as broader market declines continue and a Catholic church loan long term offering is previewed.
MENTIONED IN THIS ARTICLE
New York
March
U. S
Met
Cria
France
Treasury
Chesapeake
Ohio
Atchison Adjustment
Chicago Great Western
Chio
Case Terre Haute
Noome
Deke
Ware
Hudson
New
Haven Consolidated
Sess
All-Florida
Skelly OU Gonvert
Lowe, Snow and Herties
Bankers Trust Company
pFirst National Bank Group
Cleveland
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Associated Gas and Electric Company of
Broadway, New York
J. G. White Management Corporation
Associated Gas and Electric Company
Bee
Pepckidgery
Ftfe
MC O'Keeffe
Hemphill, Noyes& Co
New York Stock Exchange
City Savings Bank
Bridger
Barnum
New York Philadelphia
Borton
Pittsburgh
Albany
Syracuse
Scranton
Mutuat. System CO
Mutual System
Bank Street
Supa Petes
Wall Street News
Bosrart
Shipping News
Tastota
Kuw
York
Guantanamo
Gulf Mobile
Uguluet
Gulf States Steel
Sartman
1A Corpe
FLY Lyay
ALYY
Hayes
Ahumada Lend
Glawswag Buty
Aleee
Houston
Ajax
Howe Bond
al Chempre
Hudson Manh
Boon Bludebaker Strumberg Carb Corp Gis Uy
al Chemay
Tudson Motor
Bowe Ae
Alils Chalm
Agri
IBM
Symington Co
Ingersoll Rand Roy
Agr Corp
Aorgest
Mateh Partic
Tnt
Mere Marine Ny
Vulun Pacific
Union Pacific
Inter Corp
United Alloy SU
Romy
BTU United
Riya
United Fruit
Bath
Am Metal Co
Jordan Motors
Aim
Kan City
Keyserty Co
U & Rubber
Kennecott Bop
Belt Retz
Tobacco
Kinney Co
Ui OB Steel Corp
Kinney
8At & Rteel P
Lehigh Valier
Lima Taco Og Na
CU & Pt
Loews Inc
Smeg
Lerklard Py Co
Wabash
Artloom Corpre
Walworth Co
Loniey Nash
Ward Baking
BRIG
Loniey Gin
Ward Balin
Warner Br
San Fe
ROO
Atchivon
Western Pacific
Macy
H H
Bangor Arena
Martin Patri
Svatt
Barna Corp
Witlys Ovrerl
Barns Corp
Marta
Ana
Metro Golf
Wright Aeronaut
Beth Bt & P
Miami
Wrigley
Booth Fish
Yale Towne Mfr
Con Mills
Middle
Staten
Brogkinn
ARTAA
St Louis
Audlanfl Steel
Akiva Manh
Bidyn Union Gas
Bronewick
Ilm
Butte
Callahan
Vie
Arizonia
Murray
Chicago
West
Childs Co
Tys Par Corp
Bay
Norfolk South
Christie Brown Co
Norfolk West i Bs
North Amer
Norwalk
Oppenheim Collins
Baty
Otis Derator Orpheum Cirewit
Uel
Otis Steel
Congo Naim
Pacific Gas Elect
Pan Am Petroleum
Paige
Penick Nord
P BP
Penn
Peoples Gas
Phila Tae
Phila Ray
Whilitpa Petroleum
Dili
Phoenix
Pierce Arrow
Pierce Arrow P . BS
Pierce
Detroit Foisen
Pierce Petrotenia Ak Bi
Deroe Raynolis
Pittsburg Coal
Dodge rHas
Pitta
Dodge Bron
Pittebarg
Hmersan Brant
Endlentt Johnson Bsay
Radio Corp
Reading
Fairborne Co
Henlogie Steel
HOO Rat Nat
Anty Ag
Neynoll
Fisk Rubber
UNO Nossia Trsur
Royal Inich
Safety Crain
Soneph
Gabriel Runbher
St Lous & Fr P
Riba MaaNty
Louis
Regha Air Ling
Seagrave Corp
Hivetrie
Rasbuck
Shell
Shell Union
Petre Fk
Sinibert ‘Thea’ Co
Bay N Thy
Arts Bath
Simmona Co i
Mhel Broqaa
Simms Petroleum
Gilden Co . Es
Ainchair Con
Goodrich
Goodyear FR
Southern Pacla
Gotham Silk
Big Ha
Beth Paria
Great West
Loans the Public’s Loan Service
Noble
New England Equity Corp
State Bank
State Street Room
Bridgeport
Westport
Fairfield
Stratford
Milford
Guaranty and Trust Co
1St National Bank Bldg
Bridgeport, Conn
Liberty Bonds
Gen’s Motors Acceptance Corp
Greenwich Water & Gas CO
Jenkins Brothers
Associated Gas & Electrical CO
Yale & Towne Mfg. CO
American Power & Light CO
Mallory Hat Company
Bethlehem Steel Corp
State Street
of Bridgeport Trust
Investment Department
Middle West Utilities CO
Ful Public
Utiny Enterprises
Hincks Bros. & CO
Miami Mortgage & Securities Corporation
Coral Gables
Uinterest
the Miami Sales Co. First Nations) Bank Building
Fidelity Loan Corp
Middle St
Col
John B. See
State of
Connecticut
S& Pep
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