Rail Stocks Lead Market Rebound Amid Broad Liquidation
Heavy pre holiday trading sees railroad shares in demand as others liquidate. Merger hopes and dividend boosts lift rail names like Nickel Plate, Pere Marquette, and Chesapeake & Ohio to new highs while steel and utilities show mixed moves. Money rates hold, banks supply liquidity, and foreign exchange stays quiet on Ascension Day observance.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Mellon
Washington Dispatches
Anarcial
Bank and Insurance Stock Quotations Update
Bank and Insurance stock quotations furnished by Bankers Capital list current prices for banks and trust companies. Quotes cover shares in listed institutions, with values, changes, and trading activity noted for investors and analysts.
MENTIONED IN THIS ARTICLE
Bank and Insurance
Bankers Capital
New York Produce Prices May 26
Butter firm receipts 17,068. Creamery and extras quoted 43 1 4 to 42 9 4. Fresh gathered extras 24 1 2, firsts 22 1 2 to 23, storage 14 24 1 2. Potatoes steady receipts 67 carload. Cabbages weaker. Green Mountain creamery quoted 6.75 to 7.00 per barrel for Maine old bulk per 180 pounds. Virginia per 1 1 2 bushel hamper 2.00 to 2.75.
MENTIONED IN THIS ARTICLE
New York
Hennery
Maine
Green Mountain
South Carolina
Virginia
Foreign exchange rates quoted in New York
Foreign exchanges remained steady with currencies listed in cents. Major rates include Great Britain at 485 7 16, cables 485 13 16. France 3.91 5 8. Italy demand 6.56 1 2. Germany 23.69. Belgium 13.58 1 2. Other values cover Japan Tokyo 46.25 and Shanghai 64.00 with Montreal at 10010 15 16 and Portugal 5.15.
MENTIONED IN THIS ARTICLE
Great Western Sugar
R. H. Macy
Brooklyn Edison
U. S. Coat Iron Pipe
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Roumania
Argentina
Brazil
Tokyo
Shanghai
Montreal
Portugal
Treasury Balance Report Shows General Fund Total
Washington May 26 early U S Treasury balance general fund today stands at 183 million 196 thousand 458 dollars 43 cents.
MENTIONED IN THIS ARTICLE
Washington
U. S. Treasury
Balance General Fund
Tax Exempt Securities Reach 15.3 Billion Total
Treasury figures show tax exempt securities outstanding at 15.345 billion, up nearly one billion from early 1926 and about ten billion above prewar levels. The rise reflects state and local borrowings, territory loans, federal financing, and Farm Loan securities, with two and a quarter billion tied to U S Government holdings.
MENTIONED IN THIS ARTICLE
Taqyn
Lawfal
Treasury
Lund
U. S
Federal Farm Loan System
Pool Operators On Curb Active In Utilities List
New York May 26 From Associated Press readjustments of speculative accounts produced irregularities in the curb market with wide price swings. Pool operations appeared in public utility and several industrial stocks with gains and losses. Heavy buying lifted Southeastern Power and Light to a yearly high, while Canadian Industrial Alcohol and Ford Motor of Canada advanced on notable news. Decreases touched several issues including Deere and Company and Union Tobacco amid overall mixed activity.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Southeastern Power and Light
Preferred
American Power and Light Preferred
Grazilian Traction
Jayna-Manville
Control
J. P. Morgan and Company
Tostalk
Ford Motor of Canada
Ford
Celanese of America
Courtlauld
Ltc
Equitable
Vacuum Oil
Western Maryland
Pittsburgh
Lake Erie
Alabama
Great Southern
Deere and Company
American Arch
Borden Company
Grand Stores and Union
United Tobacco
Stock Averages Report From The Associated Press
The Associated Press notes stock market averages with Thursday 144.39 for Industrials, Rails at 142.96, week and year figures, and daily high and low values. Total stocks traded around 5,700 with 126.58 total shares reported.
MENTIONED IN THIS ARTICLE
THE
Associated Press
Thurs
Wed
Grain Market Edges Higher on Rain in Canada
Chicago May 20 Wheat rose amid rains in Canada and smaller seeded acreage, with early bids mixed and some gains for corn after initial declines. Oats firmed while lard moved up. corn and oats closed near unchanged to down small amounts. Prices showed May wheat at 1.60, July 1.43 3-4 to 1.44, Sept 1.41 1-4 to 1-?. corn May 90, July 92 3-4 to 7-8, Sept 94 7-8 to 68.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
Canaa
Chesapeake and Ohio Increases Dividend Voters Set
Directors of the Chesapeake and Ohio railroad meeting in Cleveland raise the annual dividend on common stock from 4 6 to 6 10 and declare a quarterly payment of 2 50 payable July 1 to stock of record June 8. Hocking Valley directors vote a 2 54 quarterly dividend payable June 30 to stock of record June 8.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Chesapeake and Ohio Railroad
Cleveland
Hocking Valley Road
Liberty Bonds Accumulated in New Deals
The Associated Press report from New York dated May 26 notes Liberty Bonds totaling over $3,000,000 in new offerings. The strong influx supports investor demand as markets shift to meet war funding needs.
MENTIONED IN THIS ARTICLE
Liberty
Associated Press
New York
Cotton futures close steady with small moves
Cotton futures closed steady with modest changes led by July at 16.22 to 18.80 and October around 16.59 to 16.60. December futures at 16.83 to 16.84 and January 16.90, March 17.09 to 17.10. Spot middling price 16.50 amid quiet activity.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Metal market report notes mixed gains and losses
Copper weak and zinc steady while tin and antimony show modest moves. Iron remains unchanged as government and corporate issues influence prices with notable activity in Liberty bonds and foreign securities. City of Budapest debt and Phillips Petroleum debenture offerings noted, reflecting varied market sentiment.
Also Mentioned on This Page
Chesapeake & Ohio
Hocking Valley
van Sweringen
Pere Marquette
Erie
New York Central
Norfolk & Western
Peoria & Eastern
Southern Pacific
Southern Railway
St. Louis Southwestern
Pennsylvania
St. Paul
Missouri Pacific
Motors
Generali Motors
Hudson
Mack Trucks
Pierceé Arrow
Abitibi Power
American Water Works
Public Service of
New Jersey
Marine Preferred
International Nickel
Bush Terminal
Pittsburgh Coal
Pittsburgh Terminal Coal
Central Leather Preferred
International Cement
Timken
Inspiration Copper
American Woolen Common End
Hillsborough County
Fla
City of Tampa
Tampa
Harris, Forbes & Co
Pine St. Cor
William New York
Irving Trust Co
Ae Ee
Ameria
America
Cy Oy
Manhattan Co
United Starry
Sir Bowerr
East River
Nth Bank Iy
Vital Union
National
Harfield Natwnal Bank
Conny 'Traat
Haniver Nationaal
Warriwan National Bank
Kings County Trust Co
Manufacturera Triat Co
Mienal Hani of Commerce
City Bank New York Trust
National Park Bank
Seaboard National Tank
Tnaumzee Co
America Sagara
Stuyvesant
Westchester
Crp . 3. Ltd
N. Y
Treasury Balance
North End Bank & Trust Co
Bridgeport
Conn
Haghlye
West
Phuc
Abmiham Straus
Murty
New Orleans
Ahumada Lenil Wai
Theemann
WBS St Foundation
Ajex
Ron Bim Fox
Tim Wae
Yoon
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Yo Poe
Allie Chalmers
Antena Corp
Electriae
Aly
Ann
Alta
Joan Norele
Maida
Wits
Parke
Tanomile
Wwe An Shute Tidy
IDG
Suty
Alera Co An
Pearly Bartern
Plano
Howe Sound
Morrie
Urs
AG BI
Phoenix Mostrry
Ayn Sud
Ant Steel
Wodkon Motor Cae
Arrow
Hugar Keting
Ardow Do Gar
Minot
Ty Uoliners
Inter Corp
Atlas
Evel
Atlas Tack
Jonas Teros
Baty Tieynolds
Tec IF
Reynkis
Baldwin Lee
Byrnee
Kreage
Mayssan Svimle
Kross Coistyyn
Sears Hoobk Far
Bethlehem Steed
Deny
Renera
Koommngdale
Blumenthal Co
Ahert Theatre Co
Simmons
Moyers
Tohae
Son Briggs
P Skelly
Hronavick
Routhern
AIA
Tech Pitts
Vaihern
Susque Aly
Spicer
Nash Wes
Totm Gas
Yarns Bros Ae
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Macy
Tam
Saevna Cop Witz von Stromberg
Chen Ao Aery
Marlin Rockwell
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Martin “Parry
Okey Texas
Maiga
Texas Pac
Fon Thompson
ING McCrory
McCrory
BSI
Certon de Pasco
Chandler
Mit
Chandler Cleve
Chesapeake
Middle States
Bona Trion
Cal
Alton
Bfenna Underwood
Tyne
St Louis
Harity
Vulon
Gt Western
St Louie Cf
Gt Western Be
Ie Ray Aay
Air Bei
Tex
Ian Hoon
Wilts
Prey Rod Chie North Wertern
Wittis
Nile Wilbon Co A
Chrysler Corp
Wilworth Co
Ta Reig Uionet Penhoay
Mullins
Bose
Coca Colm Ag
Nash
Mureau Corp Am Motors
Uxt
aRarenorth
Alkern
Ui Wrigley Ir
Nat Cash
Yale Ovens
Re. AO Cohn
Gna
Hatty WY
Aguinet
EAM
Ino
Sony
Congress Clear
Ongol Distributors
Reno
BR Hapid
Peng Conrol Textile
P & Asno
Continental
Continental Motors
Cuba
Warkime
Tasison Cherival Aay
Yeern Co Ptd
Delawtre Hadeon Eng Sity
del Taek Wertern
Detroit
Pnon
BSD Bros Oh
Dodge aTing
Police
Troy Pty
THY
Dome Minea
Endicott-Johmson Tee
Waite
Gilg
Fairbank« Morse Co
Bednnine
Astern
Southeastern Power
Chesapeake and Ohio
Delaware and Hudson
Erie D
East St. Louis
Sp Nce
Budapests
Phillips Petroleum
Bankers Capital Company
Connecticut
Waterbury National Bank
Waterbury
MH. Gunotr
J. Sturges
J. A. Kine
R. J. Randall
A. McKiLler
Dante
Pyle
Herauna
Joan Kroona
Connor
FPF
Eastern Bankers Corporation
B. P.O
Noble
Associated Gas and Electric System
Kentucky
Tennessee
Indiana
Bank
Associated Gas and Electric Company
Associated Gas of
Broadway
Electric Securition Company
Automatic Movie Display Corporation
Stock Vitalux
Edwin Wolff and Company
Broad St
Hanover