Speculators Rally as Reserve Board Signals New Policy
The piece notes mixed sentiments from Boston to New London about differential rates on intercity trade. President Raymond L. French of the Columbia Grapho-Phone Company cites protest against moves to boost ocean freight to Boston, amid a regional slump in shipping receipts. Rail interests and protesters await further argument before final Interstate Commerce briefs. Building permits issued last week total $22,350, compared with $124,738 a year earlier.
MENTIONED IN THIS ARTICLE
New England Traffic League
Boston
Providence
New London
New England
Raymond L. French
Columbia Grapho- Phone Company
Interstate Commerce Examiner A
Bencland Cnes
Interstate Commission
Foreign exchange market shows slight gains and slips
The March foreign exchange market reports modest gains for some currencies with the main quotes easing to 4.681 per dollar and French francs rising to 4.02 cents before retreating to 6.58.4, STERLING demand at 4.68 percent, Cabling at 4.68 percent, and shorter maturities around 4.07 percent.
MENTIONED IN THIS ARTICLE
Mar
Antwerp
Msterdam
Metal Market Notes On March Work and Prices
Market report shows Gnopper electrolytic at $8 spot and futures. nearby at 7.87 with unchanged prices. East and St. Louis spot trading referenced.
MENTIONED IN THIS ARTICLE
St. Louis
New Jersey Farm Tax Leads Nation at 2.22 An Acre
A Washington report shows U S farm land taxes averaged 0.709 per acre per year, with New Jersey highest at 2.22. In eight years farm taxes rose 126 percent, led by Colorado and Oregon, while Ammons showed no change since 1914.
MENTIONED IN THIS ARTICLE
New Jersey
Ralph F. Cocch
Washington
United States
Department of Agriculture
Jersey
Ew Jersey
Arizo
Michigan
Wisconsin
Iowa
Idaho
Colorado
Oregon
Ammons
Bond Market Shows More Favorable Tone In Trading
U S government bonds gained modestly while several industrial issues rose as traders favored assets. Despite gains in most Treasuries, railroad mortgages and certain issues drifted lower amid mixed stock prices and a surge of new issues including Standard & Steard convertible bonds and Douglas Pectin stock.
MENTIONED IN THIS ARTICLE
Virginia
Carolina Chemical
Sinclair Ipoline
Chile Copper
Cerro de Pasco
Peoria & Hustern Income
Pennsylvania General
Denver & Rio Grants
Seabord
Tiore & Ohio
Wales
A3 & Stecards Company
Honda Duo
Douglas Pectin Corporation
New York Butter Market Mixed With Shifts in Creamery Quotations
Market notes from New York on March 28 show butter unsettled with creamery prices easing to 45 percent fat and graded butterfat quoted 9 to 21, creamery goods higher at 50 percent fat, and fresh export baskets reaching around 45. Cheese prices hold unsettled amid fresh milk and cream flows, with butter windows showing varied spreads and regional differences across Wisconsin and the Pacific Coast. The report records thin activity in exports and fluctuating whole milk and grade prices across the Northeast and West Coast markets.
MENTIONED IN THIS ARTICLE
Ajax
Allied Chem
Bosch
Ar & Fay
Ag Aod
Loco
Doha
In & Goss
Ce & OW
Austin
Bulti & Ohio
Butte & Sun
Ian Bag
Cer de Page
Chandler
Yeania
Chi Alton
Amy Chi
Chile
Cc Chino
Ax & Bloc
John Pegtares
Fisk
Veisehigan & A
Gulf Sts & AO
Leigh Valley
Bird Midvale
Mather
Lode
Nat Biscuit
Consul
ATE Oh Ag
A& We
West
North Amer
Okla Po& BR
Packard
Pan Am Pet
Oh Rann
Paes & Retana
York
Mar
Ayerupe
Americas
Pacific Coast
Money market report shows call money ease and bids
The report notes easier call money in New York with closing bids at 5 and offered rates at 6 1 4. Call loans against acceptances stood at 5. The brief reflects a tighter money market with shifting rates and liquidity.
MENTIONED IN THIS ARTICLE
New York
Mar Ahy
Momentum of Early Advance Dimmed by N Y C Dividend Rate
New York March 2. Elimination of speculative fear of another rate increase brought a market recovery. The New York Central failed to raise regular quarterly dividends, dampening the advance. Rail shares moved irregularly while high volume sessions saw several stocks hit new highs before closing mixed or down. Several industrials showed gains, yet late trading reflected disappointment over a reorganization plan and an overnight selloff in Virginia Chemical.
MENTIONED IN THIS ARTICLE
N. Y.C
New York
Federal Revenue Board
Central
Narew
Pehruaty
St. Paul
Marland Oil
Phillips Petroleum
Union Payan Paper
Brooklyn Rapids
Virginia Chemical
Iseves
Also Mentioned on This Page
Reserve Board
Metal Market
Eee
Agriculture Department
Br Pence Puditons
le Ice Inn A
Afk
Mont
Colo
New Haven
Bridgeport
Conn
B. F. Cooney
Terry Farms
St. Vincent’s Hospital
North Main St
Mily
Main St
Barnum
Title Guaranty & Trust Company
Main Street
Southern Farms
U.S
Equitable Industrial Long Society, Inc
Reon
Peirfield
New England Equity Corporation
State Street
Aimong
Ammeirican Can
American Smelting
Lima Locomotive
Guifl States
Crucible Lateels
General Asphalt
Cosden
iCertro di Pasco
Brownshoe
Gwen Mpottie
Stewart Warner
Stromberg
United
Call Money
Bose
Nettleton Co
Orange Street
Legal
New York State
Park Row
Hunts of
Irving Bark—Columbia Trust Company
Broadway
New York City
City Hall
United States District Court
City and County Court House
Municipal Building
Woolworth Building
Brooklyn Bridge
First
Irving Bank-Columbian Trust Company
Fee
Park Row Building
Charles F. Noyes Company
Joseph P. Day, Inc
Lawyers Title & Trust Company of
Messrs
Earle
A. B. Leach & Co., Inc. Investment Securities
Washington St
Philadelphia
Chiang
First Mortgage
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