Stock Market Mixed As Profit-Taking Hits Curbed Market
In brisk New York curb trading led by oils and utilities, profit taking slowed the advance late. Volume surpassed 390,000 shares with gains in public utilities as Southeastern Power and Light rose over 2 points to 29 1 4 before trimming. United Gas Improvement and American Light and Traction posted small to moderate gains while earnings reports boosted select issues.
MENTIONED IN THIS ARTICLE
New York
Standard Oil of
Trnswers
Southeastern Power and Light
United Gas Improvement
American Light and Traction
American Sumatra
American Electric
Ahurn
Federal Motors
Rickenbacker
Glen Alden Coal
Vicor Talking Machine
Sparks Writhington
Stockholders sue Southern Pacific for 10 million stock claim
In New York May 25, AP reports stockholders led by Mary S. Young executrix of David G. Lerger filed suit in Buyseme court against Southern Pacific seeking 10 million dollars in stock of the former Houston and Texas Central Railway company.
MENTIONED IN THIS ARTICLE
New York
Houston and Texas Central Railroad Company
Mary S. Young
David G. Lerger
Southern Pacific Company
Southern Pacific
Profit Takers Impede but Do Not Stampede Stocks
In New York on May 25, profit taking restrained stock market gains, though volume rose to 1,593,200 shares signaling renewed public interest. Rail and oil shares led advances on favorable earnings, with Pan American B crossing 70 and several majors closing higher amid merger rumors and crude production trends.
MENTIONED IN THIS ARTICLE
New York
Union Pacific
Lehigh Valley and Lackawanna
Atlantic Coast Line
Canadian Pacific
Denver and Rio Grande Western
Katy” Ptd
Seaboard Air Line Ptd
Pan American B
Tidewater
Houston
Maracaibo
Géneral Asphalt
Mid-Continent
Standard Oil
California
Prices Peak as Bond Sales Show Vigorous Market
New York May 25 AP A general forward movement in the bond market today carried prices back to around the year's highest levels. Gains stemmed from renewed investment buying with speculative convertibles rising along with stocks. High grade utilities benefited, and several issues such as Northern Ohio Traction and Light 6s reached new highs before easing. Oil stocks led industrials with Skelly and Sinclair showing notable advances amid industry consolidation talk. Railroad bonds saw cautious but steady gains, while foreign and U S government obligations weakened with narrow price movements.
MENTIONED IN THIS ARTICLE
New York
Northern
Ohio Traction
Light
International Telephone
Utah Light and Traction
Skelly
Sinclair
Pan-American
Remington Arms 68
Cuyamel Fruit
Warner Sugar 7S
Botany Mills
Long Island
St. Paul
Terre Haute
Putnam
United States
Pollah Bs
Ates Exchange
Nevada
Hastmin Kodak
Axie Np
Ajax
Vicksburg
Alis Chamers
Endicott-dohnson
Orfols
West
Endicott-Johnson Az
North Amer Cove
Amer
Erie
North Aimer
North Am
Fairbanka Morse Co
Shoe Way
Omnibus Corp
Fanos
Fed Strae S
Omnibus Co P
Brown Bov P . Can Pew
Onyx Howlery P
Top Ain Chain
Orpheum
Orpheum Cire
Imos
Fisher Hody
Flek Rubber Thy
Klee
Foundation Soon Fleischmann Co
Inter” Gorp
Penick Ford
Sumetra Tob
Penn Rove
General Hive
Penn Healed St
2Nhoo
General Motors
FIA
Pila
Gladden Co
Sinc Ld
Goodrich
Pierce Arrow
Armour Co T “Eb
Gotham
Goodyear TR
Pleren Arrow
Bae Baty
Merce CN
Arnold Con Corp N. Br OO Gotham Silk
Pierce Petroleum
Asso Dry
Pittsburg
ROO
Pitts Util
Pitts
San Fe
Atl Coast Line
Gulf Moblie Nord Oy
Gutci
AML
Austin Nichols Co
Austin Nichols P
Pullman Co Hy Ag
Houston Oil
Baltimore
Ohio
Findaon
Manhattan
Radio Corp
Barnadail Corp Sy Ft Ie
Hudson Motor Car Car
Radio Co Pp
Barne Co
Upp Motoraly
eRading Co + Bou Ray
Betha Steel
Beth Steel P
Betth Steel
Inland Steel
Hepiogle Steel
Repub Iron Steel
Mfg Co
Tnterborough
Russia
Ap Ik
Louis Bfr
Int
Harvester Co
Savage Arms
Seare
ATS
Callahan Zinc
Intertype O Bay
Shell Union OL
Shubert Tha Co
Lord
Ea Oa
Joars Laughtt
Simmons Co
Jones Bros
Southern Darles
Kan City
Simma Petrol
Cerro de Pasco
Keystone Tire Iey
Lehigh
Bor
Ligg Myers
Tima
Gna
Fev Tool
Loew's Inc
Lorillard
Pierre
Studebaker Co
Chile
Louisiana
Loulay Neshy
Chrysler Co
Chrysler
Superior
Mack Trucks
Symington Co
Mackay
Texas Co
Columbia
Texas
Maracaiby
Market St Ty Trado
Congo
Naim
May Dept
Conley Tin Polla
Seaboard
Miami
Middie States
Amtmer
Pethey Tinton
Algarib
United Altay
Cuba
Montgomery Ward
Itv
Aca Cudahy Packlig
Murray Body Corp
von Boone WM
Narh Motors
Davison Chem
National Thaewtt
Ino
Neer
Sup National Biscuit
Delawart
Nat Cash
Thanet Alenar
Zano & Realty Tiny
AML Bray
Nat Dept
Detroit Edison
BOO
Lew
Dodge
Don
Vanadian Corp A
Walworth C Ag
Ward Baking
Wilso
Wilvon Pea
aWzner Dhea
Weber Felibr
Penn
Western Pac
West Pac
Union Tel
Werton
Elec Mnet
Willys
Woodworth Co
Wright Aero
Wrigley Co
Youlaw
Youngs Ri
Sale of White Star Line Re Opens in Britain
Negotiations for the White Star Line sale by International Mercantile Marine to a British syndicate were resumed after a general strike halted talks. Indications suggested the deal, contemplated before the strike, would close by month end in shipping circles.
MENTIONED IN THIS ARTICLE
London
International Mercantile Marine
Great Britain
Call money steady as rates drift in New York markets
Money New York reports calls money steady with a high of 4 and a low of 4, ruling rate at 4 and closing bid 4. Offered at 4 1/4. Call loans against acceptances at 3 1/2 to 4 1/2. Time loans steady to mixed collateral with 60 to 90 days at 4 and 4 to 6 months at 4. Prime mercantile paper quoted at 4.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Hudson Baking Co Adjudged Bankrupt
The Hudson Baking Company of 09 Lafayette Street has been adjudged involuntary bankrupt. No schedules filed in bankruptcy court here, but three creditors claim the firm’s liabilities total $12,000 with assets of $3,000.
MENTIONED IN THIS ARTICLE
Hudson Baking Company
Lafayettet Street
New York Cocoa Exchange Restored Name and Refund Plan
New York May 25 The Cocoa and Rubber Exchange of America Inc resumed its former title as New York Cocoa Exchange Inc after members voted to remove rubber futures amendments from the by laws. The board authorized refunds of 1000 to each founder member by June 1.
MENTIONED IN THIS ARTICLE
New York
Cocoa and Rubber Exchange of America, Inc
New York Cocoa Exchange, Inc
Rubber Exchange of New York
Board of Managers
Rubber prices plunge as NY rubber exchange sets record
Rubber in New York fell 4 1/2 cents per pound amid global market weakness. A record 1,329 contracts traded, totaling about 4,822 1/2 long tons, with July options most active at 41.99 cents. June closed at 46.20 cents as expectations of reclaimed rubber usage and ample stocks weighed on prices.
MENTIONED IN THIS ARTICLE
New York
London
Far Eastern
Rubber Exchange of
Motor Industry Sees Growth and Efficiency Gains 1923–1926
A Commerce Department chart reveals the 1920s shift in auto activity with production rising in 1926 to more cars and higher total value while employment fell by 6 percent and wages dropped 6.7 percent. Closed car production increased, touring cars declined, and the share of closed cars rose from 10 percent in 1919 to 58.8 percent in 1925. Wholesale values per unit generally fell for touring and closed cars, rose for trucks, signaling price trends amid changing output.
MENTIONED IN THIS ARTICLE
Department of Commerce
Treasury Balance Washington May 25 daily statement
The daily balance in the general fund of the U S Treasury was 269 012 997 67 dollars as of today May 25.
MENTIONED IN THIS ARTICLE
Washington
U. S Treasury
Balance General Fund
Also Mentioned on This Page
Hudson
R. R
South
Pacific
The
Associated Press
Wales
Sloney
Fidelity Loan Corp
State of Connecticnt
New York Transits
United Cigars
Atlantic Refining
United Cigar Stores
Sumatra
Interborough Rapid Transit
St. Louis
Gulf and West Indies
California Packing
Foundation Company
International Harvester
New York Canners
Owens Bottle
Postum Cereal
South Porto Rican Sugar
Western Union
Lens
White Star
Jersey Central Power & Light Company
New Jersey
Boston
E. H. Rollins & Sons
United On
Wallace C. Kamens Meigs
Bridgeport
Philadelphia
San Francisco
Los Angeles
Chicago
Denver
Hudson Baking CO
N. Y
Wases
Evosco Cars
Fio
Pees
Brsacratts
Bostor
Treasury
BN-3
American Bond & Mortgage Co
Madison Avenue
New York City
Charles I. Crosby
Spondent
City Savings Bank
Bridgeport Telephone Barnum
Conn
Light & Power Pfd
New Haven Gas Light
Standard Gas & Elec. Co. Prior Pfd
Narragansett Electric Lighting
Ohio Power Co
Pfd
Pid
Hincks Bros. & CO
Main Street
Bridgeport Telephone
Barnum
N. Y. Stock Exchange
N. Y. Cotton Exchange
N. Y. Coffer & Sugar Exch Chicago Board of Trade
Broadway
Mutual System CO
State Bank
Bank Street
City National Bank of Bridgeport
Bacon Wakeman & Son., Inc
Unquowa Road
Fairfield
Babsonis
Babson Park
Masten
Send
Gratis
State OF Conn
United Loan Corp
Fairfield Ave
Comer Water St