Stock Prices Display Gains on Lower Money Rates
New York March 9 AP stock prices showed a firmer undertone as lower money rates and favorable dividend news spurred cautious buying. total volume 1,275,860 shares, United Drug up on higher dividend, Chrysler fluctuated amid dividend expectations, mergers eyed in equipment stocks, and General Petroleum near top with several rail and commodity gains alongside mixed futures and foreign exchange gains.
MENTIONED IN THIS ARTICLE
New York
United Drug
Chrysler
Amercan Locomotive Company
Railway Steel Spring Company
American Car and Foundry
General American Tank
General Railway
Pennsylvania
General Petroleum
Marland Pan-American R. Pafilips
General Asphalt and
Trouston
Oreo Tugher
Hudeon
Liberty Bonds Market Report From New York
Liberty bond quotes show first and second issue prices at 103.19 and 100.27 with various maturities. The list includes third and fourth issues around 101 and 102.15 while Treasury 104.10 and 107.29 are noted for four percent and related instruments.
MENTIONED IN THIS ARTICLE
NW York
March
Liberty
Treasury Ds
Treasury
Hudson Company Cuts Prices On Essex And Hudson Cars
Detroit March 9 The Hudson-Essex Motor Car Company announced price cuts of 592 dollars on the Essex coach Hudson coach and Hudson brouzham the lowest quoted prices for these models. The reductions take effect immediately.
MENTIONED IN THIS ARTICLE
Detroit
Thudson-Essex Motor Car Company
Foreign Exchange Rates and Quotation Details
In New York, foreign exchange listings show various currencies with bid and ask quotes in cents. Major currencies include Great Britain, France, Italy, Belgium, Germany, Holland, Norway, Sweden, Denmark, Switzerland, Spain, Portugal, Greece, Poland, Czecho-Slovakia, Jugoslavia, Austria, Roumania, Argentina, Brazil, Tokio, and Shanghai. The report also notes quotas, bills on banks, and cable transfers, with fragmented OCR data indicating mixed figures and references to AP dispatches.
MENTIONED IN THIS ARTICLE
Fronce
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Czecho-Slovaka
Jugoslavia
Austria
Roumania
Argentina
Brazil
Tokio
Shanghai
Montreal
Rubber markets show firm tones on New York exchanges
New York Cocoa and Rubber Exchange reports rubber easy with smoked ribbed sheets spot 56.2 March 56.00 May 54.26 April to June 54.25. New York Rubber Exchange lists rubber firm with smoked ribbed sheets spot 66.50 March 68.00 May 64.50 July 53.50.
MENTIONED IN THIS ARTICLE
New York
New York Cocoa and Rubber Exchange
New York Rubber Exchange
Money Market Moves and Rates in New York Listing
In New York, money markets show call money easy at 4 1 4 percent bid and offered 4 1 4. Tullgg rate at 4 1 4, closing bid at 4 1 4, last loan 4, call loans against acceptances 3 3 4. Time loans firm with 60 90 days at 4 3 4 and 4 6 months at 4 3 4. Prime mercantile paper quoted at 4 1 4.
MENTIONED IN THIS ARTICLE
New York
Tullgg
Prime Mercantile
Metal Market New York Copper and Tin Edge Steady
Copper and tin hold ground in New York trading with steady spot and nearby futures. Iron lead zinc and antimony show mixed moves as East St. Louis markets report slight shifts.
MENTIONED IN THIS ARTICLE
New York
Bank Sues Mattices for 23000 Damages
Bridgeport Trust Company sues Florence B Mattice and co defendant in Superior Court on joint and several notes totaling 19904. Attachments placed on property on Wentworth Street as part of the suit seeks 23000 in damages.
MENTIONED IN THIS ARTICLE
Join
Florence B. Mattice l
Bridgeport, Truat Company
Wentworth Street
Treasury balance daily statement reports large fund total
Washington March 9 The daily statement of the U S Treasury shows general fund today 345 374 352 09 with other balances listed in the treasurys cash position.
MENTIONED IN THIS ARTICLE
Washington
The
U. S. Treasury
Ehowsk
Balevee General’ Fund
Curb Market Recovers as Distress Abates in New York
March updates show prices edging higher on the curb market amid growing confidence. Oil and utilities rallied, with Vacuum breaking 100 and Standard Oil affiliates advancing, while several industrials and utilities posted modest gains and some losses narrowed.
MENTIONED IN THIS ARTICLE
New York
Prolte
Otis
Kentucky
Gulf and
Humble
Tidewater Associated Oil
Goodyear Tire
General Baking
St. Regis Paper
Southern Dairies
American Light and Traction
American Gas and Electric
Winds
Northeastern Power
Northern States Power
Southern California Edison
United Light and Power
American Power and Light
Shipping News Highlights Transatlantic Arrivals and Sails
Shipping news from New York lists arrivals including Santa Luisa from Valparaiso arriving March 9 and Franconia from San Francisco with dates in early March. Sailed vessels include Regolute bound for Shanghai from Kobe and Queenstown bound for New York with the President Roosevelt.
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New York
Santa Luisa
Valparaiso
Caurmania
Liverpool
Wilson
Manila
San Francisco
Franconia
Batavia
California
Cristobal
Colombo
Naples
Adriatic
Algiers
Regolute
Kobe
New_York
Shianghai
Roosevelt
Queenstown
Martha Washington
Lisbon
Wheat Prices Rise On Government Stocks Outlook And Lake Navigation
Grain market today showed firming wheat with early gains reversing amid rains. Traders priced in a potential smaller government stock estimate and looming lake navigation, while corn and oats followed higher as expectations of limited rural movement supported prices. Provisions aligned with hogs as futures closed unsettled and mixed.
MENTIONED IN THIS ARTICLE
Chicago
Lake Navigation
United States
Cotton futures close steady with mixed gains
Cotton futures traded quietly with cotton middling at 15.60. Futures closed very steady with gains of 3 to 13 points. March contract traded around 19.33 to 19.35, May near 18.76 to 18.77, July about 19.44 to 18.15, October 17.32, December 17.02.
MENTIONED IN THIS ARTICLE
New York
American Locomotive to Absorb Spring Co
New York March 1. Negotiations ongoing for a merger of American Locomotive with Railway Steel Springs Company. Directors will meet Thursday to ratify consolidation plan, with American Locomotive to acquire Railway Steel Springs via share exchange. Large stock purchases foreshadow diversification beyond locomotives amid softer demand. William H. Woodin, head of American Locomotive and president of American Car and Foundry, not believed involved in current talks.
MENTIONED IN THIS ARTICLE
New York
American Locomotive Company
Railway Steel, Springs Company
Railway Steel Spring Company
American Locomotives Company
William H. Woodin
American Car and Foundry Company
Slatter
Refinishing Underway at Welfare Department Offices
Yesterday workers began refinishing floors on the Welfare building premises, with activity focused on Public Welfare and Board of Health offices. The project will proceed as funds for improvements permit, restoring as much as possible.
MENTIONED IN THIS ARTICLE
Department of Public Welfare
Board of Health
Business Volume Ahead of Last Year Declines by State Totals
Nationwide bank debit activity shows mixed gains and losses compared with last year. December logs large year over year gains in thirteen states with five declines. January adds ten states up and five down. February reports six states higher and eight lower. Florida leads with 74 percent, SD 27 percent, North Dakota 71 percent, Nevada 17 percent, New York 10 percent. Wyoming declines 20 percent.
MENTIONED IN THIS ARTICLE
United States
Florida
South Dakota
North Dakota
Nevada
New York
Tinola
Wyoming
French Bonds Recoup as Briand Likely Returns
NEW YORK March 3 A rally in French obligations followed news a Briand cabinet likely to form after last week’s fall. Government 7s and 71 28s led gains of 1 to 2 points while railroad bonds advanced on plans to segregate coal properties. Chesap Ohio converts fluctuated near last night’s levels as other rails posted fractional gains amid overall dull market trading.
MENTIONED IN THIS ARTICLE
Brazil
Briand
New York
Delaware and
Studaen Convertihiers
Chesap
Ohio
Erlebon
Inclu Atelison
Northern Pacific
Miwork Central
Frisco
Southern Pacif
Fic
New Haven
Althe
Rogers Brown Ion
Png
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Otie Steel
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Christie Brown
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Conwe
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RAH Foundation
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Data Fay
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Gimbel Bros
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Norton
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Hartman Corp. BS
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the Lomas & Nettleton Co
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Empire Power Corporation
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Wallace C. Lkamens Meigs
Tel. B
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Barnum
F. G. Lalley
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Middle St
Cor
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