Reaction Settles on Both Stock and Bond Markets
Copper steady at 13 1-2 to 13 1-8 with slight later moves. Tin steady with futures at 30.75. Lead steady around 5.25 to 5.30. Zinc quiet near 5.10 to 5.15. Antimony at 3.25. St. Louis noted for spot delivery. Market activity described as dwindling volumes.
MENTIONED IN THIS ARTICLE
New Fork
St. Louis
Ajax
Cot Oil Ik
Tel & T
Anaco
ALG & WE
Bie Us
ALG & W
Austin
Ches & Ohio
Cosden & C. Ie
Cruc
Erie
Gery Motors
Elkort
Houston
South
Kelly S &Pi
Aron Wen
Lehigh Val
Son Loewe Inc
Pit
Feu GS
Nort & We
North Sea
San North Amman
North Ampian
North Pac.n
Otis Steel
Pac Devel
Penn BR
Peoples Gas
Stan Oil
Stag Studebaker
Superior
BNO
Texag Pac
Texia Mae AB
Aig
United Drug
Tauabber
Batyaay Joua
Rud P
S Steel
SRK
TLR
Aon
HS West
Od Peer Ml West
Tron Wheel & Iy E
White Met Co
Anaconda Copper Posts 17 Million Dollar Year Deficit
Anaconda Copper Mining Co reports a deficit of 16,999,555 for the year ending December 31 1921 after interest taxes depreciation and other charges. Gross income reached 60,880,554 with losses from idle mines and inventory adjustments contributing to the downturn. Market revival and control of American Brass are noted as positives amid the year’s heavy deficits.
MENTIONED IN THIS ARTICLE
Anaconda Copper Mining Co
Acbt
Ita
American Brass Co
Anaconda Company
Onera‘tiong
American Brass
Followiat
Asstts
Regents Theatre Co Incorporation Officers Elected in Norwalk
The Regents Theatre Co of Norwalk formed with 50000 dollars in capital elected D Esterson as president and treasurer and Mary Esterson as secretary. The board includes C Esterson and J J Dever with 50 and 1 shares respectively. Capital is 50 shares par 100 dollars. 100 shares outstanding with 20000 paid in cash and property.
MENTIONED IN THIS ARTICLE
Regents Theatre Co
Norwalk
D. Esterson
Mary Esterson
New York
C. Esterson
New York City
J. J., Dever
South Norwalk
Canada Leads As U S Goods Sell Abroad In May Trade
Washington reports Canada bought about 44 million dollars worth of American goods in the last month, per capita purchases at 6.28 dollars, the highest among major foreign buyers. Cuba, the United Kingdom, and Ireland show strong per capita figures while Japan and France trail. The analysis notes per capita measures better reflect foreign demand than total cash value and highlights China, Germany, and Italy as growing markets amid postwar currency shifts.
MENTIONED IN THIS ARTICLE
Washington
Canada
Dominion
United States
Commerce Department
Canaha
Cuba
Netherlands
United Kingdom
Halland
England
Italy
Japan
Irance
Germany
China
Repubic
Market Interest Fades As Stocks End Mixed On Good News
In New York on May 16 speculative market interest waned while most price movements remained constructive. Total share turnover was the smallest since March, but foreign news from steel and currency markets showed strength. Oil and steel issues rallied early yet faded, with Baldwin, Studebaker, Mexican Petroleum, International Paper, Consolidated Gas, Reading and Southern Pacific slipping at the close.
MENTIONED IN THIS ARTICLE
Kew York
Good Steel
United States Sice Corporation
Norenas
Steel Corporation
Macon
Michigan
Genebic
Menomines
I Steels
Baldwin
Studebaker
Mexican Petroleum
International Parker
Consolidated Gas
Reading
Southern Pacific
Bond Market Echoes Moderate Tone Amid Reactionary Shift
New York May 10 Bond dealings held to a Moderate pace as stock prices showed a reactionary tilt. Liberty bonds remained steady then eased. British bonds kept higher London rates. Internationals varied with Amstentines rallying. French, Belgian, Swiss bonds down. Local rails showed gains. New Haven issues led firmer rails while some losses persisted. Total par value sales reached 16.941 million. several new underwritings followed, including Witherbees and Sherman bonds and other offerings.
MENTIONED IN THIS ARTICLE
New York
London Exchange
Brooklyn
Witherbees
Sherman
Fand Bank of Chicago
Curb Market Firms as New Listings Shine in May Trading
The New York curb market held firm on May 10 with commission house buying and short covering. New names drew attention as Cuban Dominican Sugar and Daniels Motor common joined the list, with Daniels Motor affected by a court ruling in its receivership. Inside gains appeared in Southern Coal, Ken Kentucky shock recording, and Mexican Seaboard, while motors stayed quiet yet well supported amid broadly rising prices in high priced oils and other mining shares. Mother Lode eased despite April output exceeding expectations, and Independence Lead rallied after a favorable report boosted sentiment.
MENTIONED IN THIS ARTICLE
New York
Santo Domingo
Cubs
Daniels Motor Common
Omar Oil
Batr Olt Company
Wyoming
Southern Coal and Pen
Indiana
Kentucky
Mexican Seaboard
Phillip — Morris
Topacco
Mother Lode
Independence
Jsummy
Wheat market slips then steadies amid rail relief measures
Grain traders in Chicago report a sharp price dip of nearly three cents a bushel for May due to temporary storage allowances in railroad cars. May delivery quotes slip to 1.87 3/4, with July around 1.24 1/8, as provisions move with hogs. Daily 2,400 carloads of grain on track for May deliveries. rain worries curb corn and oats prospects.
MENTIONED IN THIS ARTICLE
Chicago
New York May 10 Creamery Firsts Report
In New York on May 10 figures show creamery firsts with 35%41% gains in higher scoring creamery products. The market lists tubs and ladles with various price points and grades including 26-4 quality and 164.17 grades for milk. Nearby entries mention fresh market terms and regional price movements, reflecting overall ease in the dairy market and several brand notes.
MENTIONED IN THIS ARTICLE
New York
Sutter Mit
Foreign exchange moves lift sterling to three-year peak
New York may 10 the early foreign exchange market showed sterling demand bills rising to 4.43 percent, its highest level in three years, with gains of about six points amid remittance tension. The rally faded near market close as selling pressure mounted due to unsettled Irish situation and investors awaited further signals. Par. 4B6.685. Sterling quotes listed for various European centers including Antwerp Amsterdam Genoa Vienna Stockholm Christiania Copenhagen and Berlin with mixed cross rates and Swiss and Swiss-franc references.
MENTIONED IN THIS ARTICLE
New York
Antwerp
Genoa
Lra
Vienna
Crown
Stockholm
Christiania
Copenhaen
Switderland
Ar Pain
Pesctay
Berlin
Money market rates steady after May call money rise
New York money market reports firmer call money on May 19 with bids around 4 and 4 1/2 percent. Ruling rate near 4 percent, closing bids at 4 1/2 percent and loans against acceptances around 3 1/2 percent.
MENTIONED IN THIS ARTICLE
New York
Steel merger likely to materialize says att’y
New York May 10 2 to 1 chance that the proposed seven company steel merger will go through, attorney Thomas L Chadbourne announced aboard a special train touring plants. Financing talks resume next Tuesday at Kuhn Loeb & Co. Transfers of assets will form a new company with a capacity of 10,009,000 ingot tons or 7,060,000 finished tons annually. The consolidation aims to avoid Sherman and Clayton antitrust concerns. Companies named include Midvale Steel and Ordnance, Republic Iron and Steel, Youngstown Sheet and Tube, Lackawanna Steel, Steel and Wire, Briar Hill Steel, and Inland Steel. Probe into legality deemed unlikely to block plan.
MENTIONED IN THIS ARTICLE
New York
Thomas L. Chadbourne
Kuhn, Loeb & Company
Pew
Charbourné
Midvale Steet and Ordnance
Teormpany
Republic Iron and Steet
Youngstown Sheet and Tube Company
Lackawanna ‘Steel, Company
Steel 20d Tube Company
of America
Briar Hill Steel
Pany
Iinland Steel
Also Mentioned on This Page
Metal Market
Bridgeport
Guaranty & Trust
First National Bank of Bridgeport
Conn
Anaconda Copper
State League of Building 4 Loan Associations of
Connecticut
Meriden
Meriden Permanent ,Building & Loan Association
Meriden Association
Home Building & Loan Association
New Haven
Peurson
Mexico
Eamada
Rio
Ted ' Ao
Nat Zinc
Dunham
Exchange Place
Atty
Cate
Patrick J. Reilly
Fairheld County
Great Northam Ry. Co
Republic of France
Kingdom of the Netherlands
Connecticut Light & Power Co
Bridgeport ‘Hydraulic Co
Georgia Railway & Power Co
American Tel. and Tel. Co. Coll. Trust
Public Service Corp. of
N. J
Sall’s Textile Mfg. Co
Standard Oil Co. of
N.Y
American Sugar Refining Co
Atchison, Topeka & Santa Fe
Pennsylvania Railroad Co
Southern Pacific Co
Union Pacific R. R
R. R. Co
American Chain Co
Preferred General Electric Co
International Harvester Co
U. S. Steel Corp
Pfd
Western Electric Co
Preferred
United Fruit Co
Bridgeport Hydraulic Co
Southern New England Telephone Co
Pennsylvania Power & Light Co
West Penn Power Co
Hincks Bros. &Co
New York Stock Exchange
Main St
Equitable Industrial Loan Society
Incorporatea
Fairfield Ave
State of Conn
Banking Commission Supervision
U.S
the City National Bank
Cor. Bank St
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