Stock Prices Rally Across Industrials as Short Selling Recedes
Stock prices moved up from one to six points as buying broadened across industrials. Short covering fueled early gains while large investments supported the advance, with notable strength in equipment, public utilities, and rail shares. Major gains appeared in American Car, Pullman, General Electric, and rail-related stocks amid improving business signals and dividend rumors. Total volume reached 495,100 shares with firm call money at five percent. Sterling held steady while German marks weakened to a new low.
MENTIONED IN THIS ARTICLE
Brokurmaige House
Jaal
Itas
Baldwin
American
Amercian
Pullman
General Electric
American Steel Feenetries
Public Service of
New Jersey
Rainjing
Consolidated Gas
Group
Mdiwon
Paduls Gas
Columbia Gas
Western Union
Adamg
Csican Express
Mexican Petrolum
Standard Oil
N. J
Pacific
Standard Ol
California
Reading
Union Pacific
York Central
Lackawanne
Louisville
Nashville
Rock Island
Chicago
North Western
U. S. Steel Conmmoen
Bethlehem B
Republic
Vanadlim
Cruci
Utah
Chile
Call Money
Time Money Nq
Freight Offered Railways Close to National Record
Railroads face surging freight bids as car loadings near a national peak. Data show week ended Oct 21 with 008,759 cars, nearing the record set Oct 15 at 1,013,000. Analysts view the trend as a barometer of manufacturing and commerce activity amid shifting demand.
MENTIONED IN THIS ARTICLE
Omore
Washington
Hutt
Siria
Ctr
Rodoniciatg
Money market notes show lower call rate and loans offered
Nov two money rates reveal a reduced call money level with a rate around 57 1/2 percent and 4 1/2 per cent loan advances against secret collateral, reflecting tightening liquidity signals.
Metal Market New York Market Report Summary
In New York metals trading activity shows steadiness with electrolytic copper around constant levels. Nearby futures edge higher while spot prices hold. lead and tin offer limited movement. Market noise centers on domestic demand, refinery output, and price signals from global exchanges.
New York Bank Bid Accepted for Chile Loan
Santiago Chile November a National City Company of New York bid accepted for a 15 million dollar loan to Chile government. Loan to run twenty years with 3 percent interest and 2 percent amortization in two years. New York officials declined comment while awaiting official confirmation of the bid victory.
MENTIONED IN THIS ARTICLE
NEW York Bank
Chile
Santiago
Associated Press
National City Company of New York
New York
National City Company
Hadihaen
Untf
London
Cite Yester
10Day
Amnard
Roohsehuds
Eesa
Beneficial Loan Society
Liv
I+ tree
Barnum
Liberty Building
Main St
Metther Brileeren
Market rally lifts wares as bears retreat on steady session
New in New York and Chicago trade floors show improved sentiment with modest gains in many stocks after weeks of nervous selling. Major sectors including standards and rails bounce while oils and grains pull back slightly as traders digest margin calls and cautious demand.
MENTIONED IN THIS ARTICLE
New York
Cory Exchange
Lance
Uvening
Noor
Jn Ail
COL Arta
Indiana
Nils Gisy
Gulf Oi
Mamuiot
Tait
Turmoil Hits Cotton Trade Amid Looming Supply Shortage
In New York City the cotton industry faces a looming supply disruption as traditional trade experts warn that fragile market conditions may ripple through spinners and mills. Central figures cite new regulatory hurdles and shifting demand as key factors, potentially delaying shipments and raising costs for Batey, Beatie, and other industry players.
Adams Express directors to vote on dividend resumption
A meeting of Adams Express Company directors is called to discuss resuming dividends. The company reportedly received about $9 a share this year from Railway Express, which has paid regular dividends. Several directors favor distributing a dividend this year.
MENTIONED IN THIS ARTICLE
Adams Express Company
Adams
Railway Express
Boost
Bridgeport
Bridgeport Campaigs
Thomas D. Taylor
Ridgeport
Lita Distribution
Locomobile Company
National
National Sugar Refining Company
Lingston Typewriter
Terrington Typewriter
General Advance In Bond Market Sees Broad Rise
In a broad upturn, government and railroad bonds led gains despite weak foreign exchange. New York list shows notable climbs, including quick gains in industrials and municipal issues. Some foreign issues fell, while railroad and utility bonds posted sizable point increases across major cities.
MENTIONED IN THIS ARTICLE
NH York
Feend Municipal da Gust
Liva
Berne
Baltmore
Ohig
St Paul
New York Central Consolidated
Ohio General
United States
Cerro de Pascoes
Chile
Brooklyn Rapid Transit
Wlerth Company
Canadian cement duty set at 8 cents per 109 pounds
Washington November 2 An order directed the Cleveland import tax board to raise duties on cement imported from Canada at 8 cents per 109 pounds under the new tariff provisions. The decision follows, as the officials said, a review of the latest trade data and adherence to tariff schedules.
MENTIONED IN THIS ARTICLE
Shiqago
Aithoura
Great Britain
Washington
Canada
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Rei
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Ton, DS Eee
France
Cel Oy Tou
Beth
Qhes
Ohio
del & Hua
Joan
Fisk Ruhr
Goodman
Kelly
Lima Loew ‘i
Loew's
North Ane
Noble
Ly Orla Stice
Jenaker
UT & Smelt
Wilson & Co. Oe Nt
Ashtabula Water Supply
Gilnettsbuegger
Wrae
Deverang & So
Western Trac
Commercial Finance Deep
Unite
Cripple Creek Cen
Ray Pla. & Com
Fidelity Cap. Corp
Lincoln
Nebr
Trac
Cor
Southern Utilities Ptd. & Com
Chas. A. Day & CO
Tostain
Broad St
EB. Merritt& CO
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Bayer
Pood Korie Gharks
Metal Market
Nev
Inter
Fran
Tsai Fine
Spor
Hust St
Amellyery
Saat
Sural
Sorviers
Maven
Centrit Winharga
Tns Bi
Monty
Pierce Arrow
FEMI
Geno Mator
Genera Alulovs Company
Sendicott Jongsen
Stutz
Stutz Motor
Sac
Merci Reduids
Connecticut
Hincks Bros. & CO
Bridgeport, Conn
Board of Park Commissioners
City of
Green House
Beardsley Park
Sandily
Acal
PSEC
Weltear
Equitable Industrial Joan Society, Inc
Enirfield Ave
Hicensia
Gomer
Power & Light Bonds
Hal