Stock Prices Jump Again in Active Market Rally
New York November 3 stock prices advanced further amid an active market. Industrials rose several points while some issues moved to weekly highs. Copper, brass, rubber, and iron output boosted optimism. Mid-Continent crude cut and sterling weakness tempered gains. Major names like U S Steel Baldwin Studebaker American Can posted gains. United Railways, Woolworth, and others led steadyely higher as the market rallied on mixed news and investor demand.
MENTIONED IN THIS ARTICLE
New York
Voay
Commission Bouses
Ogden Armour
Sterling Exchange
Baldwin
Studebaker
American Can
Stromberg
Chandler Motors
Stewart-Warner
Humova Players
American Tobacco B
American Agricultural Chemical Preferred
General Baking
General, Cigar
International Paper
Market Street Railway
Ixvues
United Railways Invewront Preferred
Tideswater Oil
Woolworth
Tre
New York Central
Wabash
Union Pacific
Northern Pacific
Kinois Central
Calimonty
Bridge bond issue offers in New York firm
R M Grant and Co of New York propose a 30000 East Washington avenue bridge bonds issue. Bonds mature September 1 1927 38 at 42 percent accretion with prices to yield from 4 35 to 4 25 percent according to maturity. Branch banking curb proposal submitted to McFadden committee by W P Rathie for ABA and NN Opposed to Branch Dancing. Stores finished block on Middle street for Tale University Building Corp completed except minor finishing details. Block expected to boost Middles cream as a merchant thoroughfare.
MENTIONED IN THIS ARTICLE
R. M. Grant and Co
New York
East Washington Avenue
Federal Reserve Board
McFadden Joint Committee
Federal Reserve
W. P. Rathie
American Bankers Association
National
Middle Street
Tale University Building Corporation
Cotton market edges higher on bullish government ginning data
Government ginning figures for October April 35 show seven and a half million bales, triggering a bullish interpretation. A daily range over 100 points preceded a short covering rally and renewed buying interest, lifting futures to new highs despite an early dip. Private wire notes from Lilienthal and Co. in Security Building recount the action.
MENTIONED IN THIS ARTICLE
Shorts
Grerathon
Lilientha and Company
Main Street
New York Pressed Steel declares quarterly dividends
The company declared a quarterly dividend of 1 dollar on common stock. The last dividend was paid in June 1923. General Motors also announced a deviation from its regular quarterly dividend of 20 cents on common stock and regular dividends on senior securities.
MENTIONED IN THIS ARTICLE
New York
General Motors Company
Comaon
Postal Receipts Rise in Bridgeport Area October
Bridgeport led Connecticut industrial cities with October postal receipts of 72188.79, up 16.28 percent from October 1922. Waterbury rose 21.70 percent to 33250.19, New Haven gained 7.28 percent to 127157.27, and Hartford rose 35.14 percent to 37294.50. Nationwide 50-city average up 9.2 percent. industrial cities up 12.03 percent.
MENTIONED IN THIS ARTICLE
George H. Manning
Washington
Connecticut
Bridgeport
Waterbury
New Haven
Aartford
Realty Records Deeds and Real Estate Transfers
Warranty deeds show Elmer J. Orton to Florence Gorham Holmes Realty on Ezra Street. Adolf Sherman and Walter M. Redfield to Signe M. Sherman Realty on Harral Avenue. Filomena Maza to Stefana Orlowska Realty. Henry Swain et al in Esther Bowerman Realty on Marion Street. Charles Levin to Isider Sherman et al Realty on Marion Street. Mortgage deed Stephen F. Goucher to Stephen Beoneys Realty on Livingston Place for $2. Andrew Gonert to Julius Nussensfeld Realty on Warfield Avenue for $2,400.
MENTIONED IN THIS ARTICLE
Elmer J. Orton
Florence Gorham Holmes
Ezra_ street
Adolf Sherman
Walter M. Redfield
Signe M. Sherman
Harral Avenue
Filomena Maza
Stefana Orlowski
Henry Swain
Esther Bow
Man
Marion Street
Charles Levin Vo Isider Sherman
Mortgare
Stephen F. Goucher
Stephen Beoneys
Livingston Place
Andrew Gonert x
Julius Nussenfeld
Warfield Avenue
Federal Reserve Bank Statement Issued Details NY Nov 7
The Federal Reserve Bank of New York reports at close of business November 7 total gold reserves of 933,649,843.5 and total reserves of 948,502,966.95. Government war obligations discounted total 119,282,405.32, open market purchases 275,406,806.101, notes on hand 242,836,931.32, earnings 435,681.45, deposits 629,046,160.42, and currency in actual circulation 455,559,057.00. Reserve account is listed as due to members.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank of New York
SOTS
Cenoric
F. R
Railroads Lay Plans for Tremendous 1924 Expansion
New York November 3 The American Railway Association and the Railway Executives association announced an ambitious 1924 plan to expand finances and physical capacity across 244 roads. The program targets a total capital outlay nearing 1.8 billion dollars since 1922, aiming to boost locomotives cars and facilities, with emphasis on unity with the public and shippers for efficient movement and reduced embargoes.
MENTIONED IN THIS ARTICLE
New York
One
Association of
Railway Executives
Serly
A R. A
Lawcet Posmitia
Traifc
Car Service
American Railway Copsciation
Big Revenue from Autoists
Washington reports auto mobile buyers pay about two and a half percent of federal revenue. Internal revenue taxes on cars totaled 101,080,000 for the year ending September, roughly 50 cents per dollar of all tax receipts. Auto taxes are levied on car sale prices paid to manufacturers, with similar taxes on trucks and parts not included. July shows peak collections for auto purchases, with buyers totaling 13,501,000 in that month.
MENTIONED IN THIS ARTICLE
Ralph F. Couch
Washington
Prrehesere
Eara
Treasury Department
So Gow
Mutonebie
Grain market soars as corn leads rally to new high
Grain prices lift on corn strength with wheat steadying after initial declines. December corn gains to 15 8 after a bearish crop report hint, while lard hits new seasonal highs and wheat recovers modestly. Traders weigh British tariff plans and New York market signals as exports and receipts affect prices.
MENTIONED IN THIS ARTICLE
In- Quencey
United States
Beaides
New York
Locorn
Metal Market Prices Steady Across Core Metals
In New York on November 4 Conner steady demand shows in electroplating markets with futures at 127 8. Tin prices hold at 43.25 per unit and remain steady. Lead sits at 73 with zinc quiet near 6.95 to 7.17. Antimony trades around 9 2. The brief market update notes little change across spot and nearby contracts.
MENTIONED IN THIS ARTICLE
New York
Conner
St. Laws
Defunct Stock Exchange House to Pay Creditors
New York creditors of Robert P. Marshall Co New York Stock Exchange house plan cash and securities payments within weeks. Federal court discharge application to be filed November 21 reveals assets exceed liabilities by about 2 million dollars and some receivables are insecure balances due from customers. Marshall senior partner will keep his NYSE seat but will make no future plans until bankruptcy is settled.
MENTIONED IN THIS ARTICLE
New York
Robert P. Marshall & Co
New ‘York
Ordee
Tiwag
Marshall
New York Stock Exchange
Local Produce Prices and Market Trends in 1823
The November 8 1823 market report details abundant apple movement with native Baldwins and Groenings dominating and shipped varieties York Imperial Stayman Winesap and Rome Beauty arriving from southern orchards. Prices vary widely with Baldwins around 3.00 per barrel and Delicious up to 4.00 per box. other produce including potatoes carrots and cauliflower shows varied demand and steady to rising prices.
MENTIONED IN THIS ARTICLE
State Board of Agriculture
Baldwins and
Groenings
York Imperials
Stayman's
Baldwins
Arkat
Boreas
Nature
Maine
San Bumen
Kennery
Kennery 78- .80; Nearby Fatherrd
Weatery Stormiye
Bureeh
Grandia of His Sons in Pennsylvania Iffy Local Notice
By virtue of his marriage to his mother in law Charles Miller of West Chester Pa is described as grandfather of his own children. The bride is Mrs Tauro Douglas Tyler of Frederick. The text notes her height and age in a fragmentary probate style, with details missing and uncertain.
MENTIONED IN THIS ARTICLE
Ghetysburg
Charles
Miller
Weal Chester
Tauro Douglas Tyler
Frederick
Miller Ln
Curb Market News From New York Daily Trading Summary
Curb market activity in New York showed prices moving forward in a day of lighter volume. Oil stocks led gains with Prairie Oil and Gas up to 196 and later 133, while Cities Service Imperial Oil of Canada Ohio Oil and Standard Oil saw fractional to moderate advances. industrials eased except motors. Stutz and Durant edged up. coal stocks stayed narrow with Glen Alden down and Reading up slightly. Gold dust advanced.
MENTIONED IN THIS ARTICLE
New York
Noy
Prairie Oil & Gas
Cities Service
Imperial Oil of Canada
Ohio Oil
Standard Oi
Hinoix Pine
Stutz
Durant
Glen Alden
Three Changes in Stock Exchange By-Laws Approved
New York November 3. The New York Consolidated Stock Exchange Board of Governors approved three by-law amendments aimed at investor protection. One requires members to file with the Exchange copies of circulated statements about securities before publication. Another permits the Exchange chairman to guarantee genuineness of endorsements, with guarantees acting as indemnity examinations for recipients.
MENTIONED IN THIS ARTICLE
Stock Exchange
New York
New York Consolidated Stock Exchange
Exchange
Increase Capital Stock by New York Title and Mortgage Co
Stockholders voted to raise capital stock from 5,060,009 to 6,006,000 dollars. New shares issued at 125 dollars per share with one new share for every five held. Additional dividends to be paid pro rata after December.
MENTIONED IN THIS ARTICLE
New York
Tille & Mort
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