Stock and Bond Markets See Gains Amid Broad Trading
New York November 17 The stock market closed with gains outweighing losses as broad trading drew near 213 million shares. Rail and industrials led, with the 20 leading industrials index reaching a fresh high at 179.71 while some favorites like U S Steel and General Electric held up amid ongoing demand. Other notes include strong profits in American Can and several other issues, with weakness in Commercial Solvents and Missouri Pacific related plays. Sterling edged toward the gold export point as Belgian francs and Norwegian kroner rose amid currency shifts.
MENTIONED IN THIS ARTICLE
New York
Associated Press
U. S. Steel Common
General Electric
Bolvents
Burroughs
Federal
Mining and Smelting
R. H. Miser
Missouri Pacific Preferred
Pittsburgh
West Virginia
Atchison Preferred
Norfolk and Western
Interstate Commerce Commission
Wheeling and
Lake Erie
Baltimore
Ohio
New York Central
Wheeling
Canada
Metals market summary with varied futures and spot quotes
Copper for electrolytic spot and futures quoted at 13 to 8, tin steady with 57.25 spot and 57.00 January, iron unchanged, lead dull with New York spot 6.25 and East St. Louis 6.00, zinc steady at East St. Louis spot and futures 5.70, antimery 106.75 and 10.87.
MENTIONED IN THIS ARTICLE
New York
Associated Prees
Copper Firth
East St. Louis
40 Percent Bond Issue Increase Across Months This Year
Record bond issuance through October pushes ten month total to 65 72 169 600 on 1927 versus 497 360 762 in 1926, a rise near 40 percent. Public utility, railroad and foreign bonds show largest gains while real estate lags. Dow Jones figures place utility issues at 1 427 270 200, foreign issues about one million. Market activity remains strong from fall into year end, with solid demand supporting rising prices.
MENTIONED IN THIS ARTICLE
Dow-Jones
Advances on curb prices halt as selling intensifies
Rapid gains in curb prices slowed before the close as heavy selling appeared. Yet the session closed with broad net advances, led by public utilities and oil shares. Gulf Oil and Transcontinental preferred posted new highs, while several specialties and bonds also firmed amid merger rumors and earnings prospects.
MENTIONED IN THIS ARTICLE
New York
Associated Press
American Power and Light Préferred
Lecte Investors
Maryland Gas
Midwest Utilities
National Public Service
Standard of
Indiana
Standard of Kentucky
Fiershey Chocolate
Hancitaly
G Nera
Midland Steel
Procter and Gamble
Spanish River Pulp and Paper
Inter-National Cigar Machinery
Durham Duplex Razor
Criinese
Celluloid
Sanitary Grocery
Nichols and Shepard
Stock Averages Reported By The Associated Press
Stock Market Averages show 20 Industries and 20 Rail weekly changes with Thursday values at 279.71 and 146.64 amid overall stock sales reaching 2,467,800 shares. Bond averages for Thursday and Wednesday are listed with utilities and industrial groups, totaling $14,496,000 in par value nond sales.
MENTIONED IN THIS ARTICLE
Asfoctated
Indus
Money market brief notes on steady call loans and mercantile paper
Call money steady with loans at 1 to 2 while closing bid at 3 1 9. Time Joanas stable, mixed collateral 60 to 90 days and 4 to 6 months. Prime mercantile paper quoted 3 to 4 and 4.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Call Money Steady
Joanas
Prime Mercantile
Treasury Balance Report From Washington
The daily Treasury statement shows the balance of the general fund at 182,156,222.90 dollars as of today in Washington. The figure reflects the government’s available cash in the general fund for operating needs.
MENTIONED IN THIS ARTICLE
Washington
United States Treasury
Balance General Fund
Expansion noted in bond trading on reinvestments
Bond trading expanded rapidly after a slow start in today’s market. Prices across sections reached new highs as reinvestment buying from retirement of Second Liberty bonds fueled gains. Treasury issues moved into new high territory with heavy turnover, led by 45s and other industrial and public utility issues showing best prices of the year.
MENTIONED IN THIS ARTICLE
New York
Associated Press
VU. B. Treasury
Erie
Missouri Pacific
Union Pacific
Chicago
Duquesne Light
Federal Light
Foreign exchange rates mixed in New York market
Foreign exchange quotations show mixed results in New York with demand and cable rates given for Great Britain France Italy and other currencies. Dollar equivalents listed for Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czecho Slovakia Jugoslavia Austria Romania Argentina Japan Shanghai and Montreal with varying bid and ask figures.
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New York
Assocated Press
Foreign Exchangea
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Gwitzerland
Spain
Portugal
Greece
Poland
Czecho-Slovakia
Jugoslavia
Austria
Rumania
Argentine
Breit
Japan
Shanghai
Montreal
New York Produce Prices and Receipts Report
New York November 17 Butter steady with receipts 10 836 eggs firm receipts 15 080 fresh gathered extra firsts 60 3 BF do firsts 42 49 eggs in storage fancy unawated good to prime unquoted Higgs in storage extra firsts 34 35 do seconds to firsts 29 1 2 a 33 1 2 nearby hennery whites closely selected extras 6 a 66 nearby and nearby western hennery whites firsts to average extras 50 a 65 Pacific Coast whites extras freight 64 2 65 do express 65 Pacific Coast whites firsts to extra firsts 53 to 62 Potatoes dull receipts 42 cars Long Island Green Mountain 180 lbs 4.00 180 lbs 360 a 3.65
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East Bales
York
Congresa
Consolidated Cigar
Abeniani
Straus
Shore Consol Gas
Allanty
Wong Gas
Orleans
Rex
Fiat
Wible Broek
Norfolk Western
Awerlaan P
Cobe
Itts & Hoo Nees
Pia
Cushaun
Wis
Devon Maynalds
Amond
Mute
Ayony AM Internat Corp
Lily
Daigo
Panhandtic NZ Ae
Metni
Ie Litind
CIA
Wollend
Twick Yoril Ag
Von
Emerson
Sumatra
Erie
Erie Steam
Pitts
HM Dressel Steel
Arm Co
Fleischmann Co
Fure
Frank Simon
Arnold Constab Corp A
Freeport Texas
Studio Corp Aro . Bay
IU Articom Corp Care
Gabriel Snub
OM Halle Corp
Gardner Motor
Atchison
Ad Coast Line
Rely Co Robe
Atl Gut
Ken
Remington Hand Ai Ba
Atl Gulf
Wil P.ixng
Nefining
Aunt Nichols
Motara
Tay
Reynghls Sprh Bta
Ultimare Ohia
Dutch Advets BT Ban
Beil Big
Rey Dutch Afa
Bangor
Aroostrace
Barnet Corp
Gimbel
Barneduit Corp
Wimbel Bros P
Bayuk Aigar Ob Bay
Toy Rooidten Co
Savage Arms
agTny Corp 3A
Bloomingsale
Alis
Tangy
Shubert
Shamong Co
West
Nms Petroley
Sony Brooklyn Eilison
South Dairies Aa
Darron
South Dairies
South Seeviti
Azn
Butte
Houston
Batterick Co
Gots En Barre Co
AMN
Libte
Aus
Hudson Manhat
Unilahan Zin
Tllinois Cengesee
Heiby
Duter Agri Corp
Central Menther
Bus’ Marine
Symington Co
Int
Cement
Somington Co
Eltnut
Chaniler Cleev
Chesapeake
Thatcher
Chesapeake Corp
Tidewater
ARKOO
North Wintern i
Iea
Erland Creek
Chile
Jordan
Chyster Corp
I Kayner
Toulon Pacific
Chryelar Corp
Kelly Spring
Etoresian
Strait
Cluett Peabody
Kelsey
Aid
Colina Aikman
Kinney
Colorado
Fryet Leon Twig
United Finit
Kresge
Tod Hutt
Lee
Tite
Lehigh
Loew's Inc
Seth R
Leone Wiles
Pherre
Vanadium Corp
van Rusite
Tuidium Mteet Ab
Yiek Chemical
Anon
Mackay Coa
THO Viet
Makinson Co
Mallinpurt
Maria
Ward Baking
Marlin Rockwell
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Marthe Varry
Chiltan
Warren Bow Co Itu
Maytag Co
Warren
Bath
Miami
Penn
Mid States
Sky
Minn
Montgomery Ward
Big Ali Willys
Wilson, Co
T. Coal
Wilson
Ito Moto Meter
Waulworth
Wey Il
Holy
Murray Corp
Bay
Rat CO
Bron Ja
ANN
Nat Dept Stores
SUN Fae
New York
Association Press
Hennery
Pacific Coast
Do. Express
Long Island
Green Mountain
Treasury Bond quotes and liberty bond figures
Treasury and Liberty Bond figures appear with series identifiers and prices. The snippet lists various bond notes and yields such as 104.14 and 1043, indicating closing values and denominations, along with Treasury entries like 4 1-45 and 43 622. The fragment shows exchange quotes and partial pricing data without a cohesive narrative.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Liberties
Liberty
Treasury
Rubber New York Clearing House Figures
Clearing house statement reports exchanges totaling 1.229 billion dollars and balances of 211 million dollars. The Federal Reserve Bank's credit balance stands at 100 million dollars.
MENTIONED IN THIS ARTICLE
New York Federal Reserve Bank
New York
Associetet Ed
Clearing House
Federal Reserve Bank
Wheat rises on Liverpool quotas and Argentine weather
Grain markets opened higher in Chicago on news of elevated Liverpool quotations and forecast adverse weather in Argentina. Wheat gained early, corn and oats firmed, with prices mixed by close as provisions largely held.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
Liverpool
Elprng
Argentina
Provisiona
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American Express
American Linseed
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Congress Cigar
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Western Union
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International Securities Trust of America
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Harris, Forbes & Co
Pine St
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Pystic
Raitronc
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Basrow
Ween
Treasury Balance
Bank and Insurance
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Exch
Bank of Ametl
Bank of United States
Hankera Trust Company
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Kat. Bk
An Chemical National
Colonial
Corn Exchange Bani
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ARS
Fgutlabie Trust Co
Farmers Loan and Trust ( Gat
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Bree
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Tranover Atida
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John Keoah
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Noble
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Hincks Bros. & Co
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Eee Eee Securities
The
North End Bank & Trust Co