Heavy trading and rail shares lead stock market gains
In a volatile session on May 19 in New York, industrials and rails rose amid irregular trading with several issues hitting new yearly highs while others sank. Major gains came from railroad equipment, tobacco, utilities and farm implement stocks with notable moves in American Express, Congress Line, Union Carbide and Allied firms.
MENTIONED IN THIS ARTICLE
Baldwin
American Express
American Brake
American Tobacco
American Sugar Refining
A. M. Byers
Coty
Congress Line
Hiectrice
Utilites
Fresehman
UW Abt
Union Carbide
Worstinghouse
Union Paviste Common
Baltimore and Ohio
Reading
Chicago Northwestern
Nieuwe
Comenew
Pittsburgh
West Virginia
Scorlng
Sware
Dudson
Eurriton
Grain prices rise as storms boost corn and wheat
Storms across the corn belt drove corn futures to new seasonal highs while wheat climbed as market estimates of domestic winter yields supported gains. Prices opened mixed and extended advances through morning trade, with several contracts showing firmer tones and closing modestly higher.
MENTIONED IN THIS ARTICLE
Ciucago
T-Sehagher
Xentind Wits
Buying sports interrupted by taking of profits in New York
Spirited buying in the curb market was interrupted by periods of profit taking as many issues rose to new highs then backed off. Trading was heavy with volume and mixed responses across sectors including utilities and publishing stocks. Goodyear and Auburn Auto fell on profit taking while Royal Baking Powder surged.
MENTIONED IN THIS ARTICLE
New York
Equitable
Berve and Company
McCall Corporation
Cuneo Press
Royal
Public Utilities
American Light and Traction
Commonwealth Wdison
Southeastern Power and Light and Utilities Power and Light
Lacledes Company
Goodyear Tire
Auburn Auto
Goodyear Tire and Rubber
P.W. Litchfield
Goodyear Tire & Rubber Company
Ohio
Goodyear Tire & Rubber Company of
California
Goodyear Tire & Rubber Company of Canada, Ltd
Canada
Jearnings
Messrs. Price, Waterhouse & Co
Bank and Insurance Stock Quotations Summary
Bank and Insurance quotations furnished by Bankers Capital list bids from American Sureties Pry, NY. Bankers Capital West. Mortgages and guaranties from Eastern Shores and New York titles. Entries include National Surety, Guaranty Mortgage, and related insurance stock listings with par values and security notes.
MENTIONED IN THIS ARTICLE
Pry
Cies Orm Fangie Iithy
Guaranty
Ntgage Ational Surety
New York
Liberty Bonds Quote Report From New York
Liberty bond quotes issued in New York on May 29 show declines across several issues. Tuberty 3 1 28 yields 100.31, First 4 1 48 at 103.56, Second 4 1 48 at 130.9, Third 4 1 48 at 100.28, Bourth 4 1 48 at 103.31, Treasury 8 8 45 at 106.9, Treasury 48 at 109.9, Treasury 4 1 48 at 114.2.
MENTIONED IN THIS ARTICLE
NEW Yorke
Liberty Bonds
Tuberty
Flrst
Bourth
Treasury
New York Produce Prices May 19 Butter and Eggs Mixed
Prices hold steady for butter and eggs with varied creamery values and flourished extra grades. Receipts show 16 743 pounds of butter and 4 373 Wiggs eggs while potatoes and carrots display steady movement. Regional grain and fruit quotes list Green Mountain butter at 6 60 to 6 74 per 180 pounds and No 1 Florida yew barrels at 7 00 to 7 85 with South Carolina ranges 7 75 to 8 56. Carriage rates remain firm. Virginia 4 12 bushel hampers priced 3 50 to 3 75.
MENTIONED IN THIS ARTICLE
New York
Maine
Green Mountain
Florida
South Carolina
Virginia
Chain Banking Crisis Stuns Washington Officials
Federal Reserve Governor Crissinger told House Banking Chair McFadden that the Fed cannot stop chain banking through holding company purchases. The Comptroller of the Currency cited no authority to interfere, urging Congress to change the law. Crissinger and officials urged legislative action to curb abuses in chain banking.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Lelding Companies
Crissinger
Sfe Wadden
House Banking Committee
Currency
Palse
McFadden
Congress
Crisginger
McFadden Branch
Grocery chain stores in discontinuance
Binghamton N Y May 19 CAP Discontinuance of the Endicott Johnson Retail Grocery stores which were exhausted during the period of excessively high costs brought about by the World War has been announced by George F Johnson who points out that the need for the stores has passed and that the small merchants of the community should be encouraged.
MENTIONED IN THIS ARTICLE
Binghamton, N
Endicott Johnson K
George F. Johnson
Shipping Records of Ships and Ports Across May Dates
Shipping notices list ships such as Army President Hares from Marseilles to New York with May 19 entries while Martha Washington and Nap Reliance show May 19 in New York and Hamburg. Other vessels include President Cleveland Manila May 58 Seattle New York and May sailed. President Tincoln Hong Kong May 17 bound for San Francisco Rotterdam Southampton and New York.
MENTIONED IN THIS ARTICLE
Army
Hares
Marseilles
Martha Washington
New York
Nap Reliance
Hamburg
Cleveland
Manila
Seattle
Saalled
Tincoln
Hong Kong
San Francisco
Lotterdam
Souampton
Treasury balance report shows general fund total
Washington May 19 daily Treasury statement reports balance of the general fund at 173,061,072.84 dollars.
MENTIONED IN THIS ARTICLE
Washingtgon
U. S. Treasury
Bond Issues Dominate Market Activity In May Afternoon
New York May 19 AP Prompt absorption of two large bond issues the 65 8 million Goodyear and 25 335 million Union Pacific 41 25 dominated trading in the bond market today. Prices across divisions showed heaviness due to demand for new issues and profit taking. Market leaders like New York Traction issues weakened as transit conference outcomes loomed.
MENTIONED IN THIS ARTICLE
New York
Goodyear Ss
Union Pacific
Mquida
Brooklyn Manhattan Transit
Third Avenue Sa
New York Railway
Chesapeake Corporation
Chicago
Mastern C
Foreign exchange rates list from New York May 19
Foreign exchange quotations mixed in New York with multiple currencies shown in cents and on cables. Rates include British pounds at 485 1 16 for demand and 485 7 16 on cables, France 397 3 8, Italy 3.47 1 2, Germany 3.69, Spain 17.50, Argentina 42.18 3 4, Tokyo 46.12 1 2, Shanghai 62, and other currencies such as Holland 389 98 1 2, Norway 25.9, Denmark, Portugal 6.15, Poland 1140, Roumania 60, Jugoslovia 176, Austria 14.15 1 2, Monte ?
MENTIONED IN THIS ARTICLE
New York
France
Italy
Bebeiunt
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greera
Poland
Uregho-Sinvalkia
Jugusieva
Austrian
Roumania
Argentina
Waal
Tokyo
Shanghai
Monte
Money new for, May i 4ba cad moneys easier
Fragmentary OCR text mentions bids, collateral, and monetary terms with unclear names and numbers. Indicates a closing bid and references to money, but details are unreadable.
MENTIONED IN THIS ARTICLE
Pda
Antile Mlpey
Also Mentioned on This Page
New York Traction
WLW
York
Rew Veeck Wererat
Ausles Ub
Aft
Sigar
Hillsborough County
Fla
City of Tampa
Practicaly
Tampa
Fursiderabie
Territon
Harris, Forbes & Co
Pine St
Cor
William Wew
Tval Cine
Barnuim
the Mutual System
Bank Street
Bankers Capital Company of
Connecticut
Bridgeport
Waterbury National Bank Bldg
Waterbury
Wall Street
New
Mom
Gunper
J. Stances
A. J
Randall HA. McKill
Daniel Proe
Easco Hermon Jomn Keoah
Cannon GF
Siemon
Eastern Bankers Corporation
B. P.O
Noble
The
North End Bank & Trust Co
Cann
Bank and Insurance
Bankers Capital
Imst Co
Bank of Ameria
Ban of America
Bank of Manhattan
Bank Ce
NY & Trust Co
Bank of United States
United States
V.T. i
eTrust
Bowery East
Ittyer St. Bank
Brooklyn Trust
Central Union ‘Truat
Pas Chase National Bante
Chatham Phoenis
Chem National Bank
Coles
Hank Oes Ras Hyultuplerast, Co
Empire ‘Trust Company
Carin Loan and Trust
FOO
Fifth Ave Bank A
Tite Guaranty and Tr Co. Sa
Apna Tate
Aetna Tire
Connecticut General Tire
Linn Continental
Wa Fidelity Phoenix
Globe & Turgers
Great American
Hartford Fan
ANS
Ain Insurance Co. of
North America
Nagara
Newark Casualty
Ee of Ag
Travelers
N. Y
Goodyear Fives
Burlington
Warner Sugar
Frenne
Lone Star Gag Corporation
Dillon, Read & Co
New York City
Pennsylvania
Massachusetts
Union Trust Company
Dillon
the National City Company
Guaranty Company of
Lee, Higginson & Co
Bankers Trust Company
White, Weld & Co
Blair & Co., Inc
Hemphill, Noyes & Co
Hailgarten & Co
A.G. Becker & Co
Halsey, Stuart &Co
Blyth, Witter &Co
Cassatt & Co
First Trust and Savings Bank
the Union Trust Company
Jevelan
Continental and Commercial Company
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