Bond Market Quiet Amidoversubscription For Treasuries
New York May 14 Trading in bonds was quiet with heavy oversubscription of the latest U S treasury notes lending a firm tone to government securities which rose about one thirty-second to 4 328. Foreign issues were little changed with French issues up slightly and Mexican bonds up a point. The road group saw New Haven gain one point while Chicago and Great Western fell a point as rail equipment trust certificates remained overissued. Potomac Electric Power bonds led a small offering at 104 1 2 with about 5.9 percent yield. Total sales par value 19 697 000.
MENTIONED IN THIS ARTICLE
New York
United States Treasury
United States
New Haven
Chicago & Great Western
Atchison Conventible
Steel and Sugar Company
Potomac Electric Power Company
Washington, T. C
Inter
Grain market halves visible supply squeeze boosts wheat
Wheat rose as the U S visible supply dropped by 2 479 000 bushels fueling short covering and late buying by export interests. Corn edged up despite oats weakness, with a 3 76 million bushel visible supply drop aiding a rally and oats aided by favorable weather and low spirits at Omaha connections. Provisions showed firmer hog prices.
MENTIONED IN THIS ARTICLE
Chicago
United States
Omaha
Texas
Metal Market Report From New York Declines and Steady Prices
Copper electrolytic spot and futures quote 1 3 4 to 16, tin eased at 42.37, iron steady with No 1 Northern 30.50 32.00 and No 2 Northern 30.00, Southern 2.00. Lead steady spot 7.00 7.26, zinc easy, East St Louis spot and nearby delivery 6.60 6.65, antimony spot 7.50 7.62.
MENTIONED IN THIS ARTICLE
York
Northern
Southern
PRA
Market Comes Back as Motors Steels and Rails Lead
New York May 14 The bear attack on equity prices faded as heavy covering avoided widespread liquidation. Steels, motors and rails led a late rally with gains of 2 to 2.5 points for NY Central, B&O, Atchison, St. Paul and others. Oil shares rose with California Petroleum and others, while American Cans jumped over 5 points. Bond money stayed around 4.5 percent as demand remained steady.
MENTIONED IN THIS ARTICLE
New York
Prio
New York Central
Baltimore & Ohio
Atchison, St. Paul
Great Northern
Katy
New Orleans
Texas
Mexico
Otis
Pennsylvania
California Petroleum
Cosden
Smallest Winter Wheat Crop Forecast by Agriculture Dept
Washington May 14 The Department of Agriculture predicts a winter wheat crop of 478 287 000 bushels the smallest in years based on May 1 conditions. The forecast shows declines from 1922 1921 and 1920 and trails the ten year average by 2 percent. Abandonment ranges from 1 percent in Iowa to 40 percent in South Dakota with Illinois and Nebraska also dropping seeded acreage. State by state yields are listed along with national prices received by farmers averaging about 109 8 cents per bushel. A note mentions an almost extinct bird photographed in New Zealand.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
Agricultural Department
Tari Bate
The
New Mexico
South Dakota
Nebraska
Kansas
Iowa
Ohio
Illinois
Indiana
Michigan
Oon
Missouri
Texas
United States
Japan
Asse Press
Toldo
Yokio Chamber of Commerce
Tokio
New Haven Seeks Abandonment of Rail Line Route
May 18 application filed with the Interstate Commerce Commission by the New York New Haven and Stratford Railroad asks authority to abandon 74 miles of main line from South Deerfield to Shethurhe Junction in Massachusetts. The line has seen limited service over the past six years with 16 trains in operation recently.
MENTIONED IN THIS ARTICLE
Wastiington
Interstate Commerce
New York
New York Stock Exchange Officers Re-Elected
New York May 14 Seymour L Cromwell president of the New York Stock Exchange and other officers were re elected at the annual election today There was no opposition.
MENTIONED IN THIS ARTICLE
New York
Seymour L. Cromwell
New Youk Stock Exchange
French Adopt Our Word Interview In Dictionary
Paris May 16 After long discussion the French Academy will include the English word interview in its next dictionary noting its newspaper sense of a conversation for publication. Disputes arise over pronunciation and usage with critics deriding its integration into French phrases.
MENTIONED IN THIS ARTICLE
Amick Tangelier
Paris
French Academy
Marcel Boulenger
Comacdia
Local concerns announce capital stock increases
Bryant Electric Company raises capital from 2 000 000 to 3 000 400 with 120 000 new shares at 25 par. Citizens Ice & Coal adds 60 000 as 500 shares of 100 par, total 190 000. Devon Ice & Coal adds 8 000 for 80 shares of 100 par, total 43 000. United Plate Glays Co newly organized with 50 000 start. Lomas & Nettleton Co raises 200 000 to 2000 shares of 100 par preferred, total 508 000.
MENTIONED IN THIS ARTICLE
Tove Alska
Ain Fee & Telei
Atchison
Bir & Awy
ALG & WL
Safod Austin
Bald & Ohio
Hato Mining
Beech
Cal
Arle
Chi & Alton
Chi & Holl
Chi Nyé& P
Chile
Col Gas & el New Bay
Cruc
du Pont
Fisher
Pali Gulf
Houston
O & Gas
Inter Cement
Inter Nickel
MK & Vp
Mont Ward Ly
Moon Motors
Nynh&h
North Amer
Otis Steel
Owen Bott
Spe Ag
Irs
Sita
Shell
Ti Simmons
Sinan Pet
Bryant Electric Company
Citizens’ Ice & Coal Company
Devon Iee & Coal Company
United Plate Glays Co
Lomas& Nettleton Co
New Haven
Bank Surplus Drops as Clearing House Reports Loss
The weekly clearing house banks statement shows a $3,957,800 reserve loss, reducing surplus to $7, and deposits rising to $81,855,600 excluding government. Net demand deposits increase $7,742,000 with a $3,000 rise in time deposits while loans, discounts and investments fall by $41,822,000, the largest single-item decline. The Fed reserve held by member banks declines $2,110,000. Bedford Denies Dividend Rumors and notes plant capacity at 70 percent, with Kansas City plant shut and wage hikes affecting about 6,000 Illinois workers. Merchandise and stock market notes follow with recapitalization chatter on American Locomotive and related firms.
MENTIONED IN THIS ARTICLE
Federal Rescue Bank
Bedford
J.T. Bedford
Corn Products Refining Company
Chicago
Kansas City
Foreign exchange firm in New York May 14
New York May 14 foreign exchanges showed firmness with good demand noted. Sterling opened at 4.6294 and moved to 4.6249 by close. French francs hovered around 6.63 to 6.65 cents. German marks slipped to 2.0 2% 12 cents amid a held note circulation rise of 177,118,000,000 marks, totaling nearly six and three quarters trillion marks.
MENTIONED IN THIS ARTICLE
New York
Heldsbank
France
Belgium
Switzerland
Ilya
Holland
Austria
Greece
Sweden
Norway
Denmark
Railroads push to mend rolling stock for fall traffic
The American Railway Association reports on May 1 that 210,505 cars, or 9.2 percent of the total, needed repair as railroads campaign to have rolling stock in tip-top condition for the autumn movement.
MENTIONED IN THIS ARTICLE
American Railway Association
Total line figures show repair needs by May 1
The figures compare to 214051 on April 15. The data show 4.2 percent of total cars in bad order. 0.6 percent needed heavy repairs, over twenty four hours. 2.6 percent required light repairs.
MENTIONED IN THIS ARTICLE
Iine
Realty records show multiple real estate transfers
Warranty deeds transfer Alden Jewell and Kathryn Jewell to George KF Larsson and Helen M O Connor on W street. Roy Earl Coastlaw to Frank Kian and Francis Klakna on Ler avenue. Gusti Dovidie and Vito Kilka to Andrew Mencel on Farmer avenue. Bertha M Sturlock to Nellie Johnston on North avenue. Anna Polesko to The Slemon Company on Edgewood Street. Quit claim Philip Glasner to Michael Yakowczuk on Chopsey Fail road. Mortgage deed Abraham Murov to Louis Kornblut and Herman Ivaacs on Howard avenue for 1600. Mary F Ring to The American Bank and Trust Company on Spring street for 4500. George E Larsson and Helen M O Connor Larsson to Alden Jewell and Kathryn Jewell on Wayne street. idrww Moncel to Andrew Yarn on Barner avenue ayne
MENTIONED IN THIS ARTICLE
Alden Jewell
Kathryn Jewell
George KF. Larsson
Helen M O'Conner Larsson
W Street
Roy Earl Coastlaw
Frank Kian ' Ka
Francis Klakna
Ler Avenue
Money Market Report From New York May 4
The money market in New York on May 4 showed high rates at 4 1/2 and low rates at 1/2. The closing bid stood at 4 3/4 with last loans against acceptances at 4 1/2 to 4 3/4.
MENTIONED IN THIS ARTICLE
New York
Also Mentioned on This Page
Bridgepual Telegram
New Haven Road
U. S
Metal Market
Baldwin and
Studebaker
Willys-Overland
Kelly-Springfield
Mack Truck
Igh
Standard Oi
California
General Asphalt
Jan American A
Sinclair
Producers & Refiners
Ieyal Dutch
Phillips Petruleum- Baldwin
American
Bethlehem
Gulf States
Republic Steels
Kelly- Springfield
Corn Products
Bose Magneto
American Woolen
Stuart-Warner
Stramberg
Beechmont Packing
Associated Dry Goods
Wilys Overland
Columbia Gas and Marine
Woolworth
Dupont
American Agricultural and Virginia Carolina Chemicals
Allied Chemical & Care
American Writing Paper
New Zealand
ageUr
T. L. Watson & CO
COR
John Street
N. Y. Stock Exchange
Orfe
Wall Street
Pelieve
Baldwin
Alan
Bradstreet
Pradatreet
Great Lakes
Begian Aring
Seusum
Ihe
Great Laks
Panama Canal
RT. Merrill
Shipping Board
Bureau of Research
Dias
Uae
U.S. Treasury
Bank and Bankers
Discount House
Salomon Bros. & Hutzler
NEW York Stock Exchange
Congress Street
Boston
Philadelphia
Discase
Bridgeport Savings Bank
S. W. Cor
Main & State Sts
Warner Bldg
Fairfield Ave
Title Guaranty & Trust Company
Main Street
Bridgeport First
Idaho Power CO
Bassick CO
Inland Steel CO
Conn. Light & Power CO
Bush Terminal
Hincks Bros. & CO
Bridgeport, Conn
Legal Raven
Osll
Barnum
Equitable Industrial Loan Society
Lue
Fairicla
Ervinew Equity
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