Strength Surges as Shorts Target Steel and Shipping
Market strength persisted with gains in Bethlehem Steel and allied shares, while a short raid aimed at Atlantic Gulf West Indies and Mercantile Marine faltered as liquidity absorbed selling. Call money rose to six to seven percent, and officials planned another large withdrawal from land trusts as inventories thin in a volatile trading day.
MENTIONED IN THIS ARTICLE
Shorts
Anenias
Shorts Ty
Atlantic
Gulf & West
Vard
Mercantile Marine
Rethlehem Steel
Crucible
Aviso
Professionala
Wooten
Scven
United States
Mmhe
Federal Reserve District
Csover Amient
Wall Street
Bond market signal suggests optimistic outlook despite gloom
The piece notes large bond and note underwritings led by J P Morgan’s syndicate in New York with several issues quickly oversubscribed. It cites international credit flows, European lending, and a belief that underlying conditions remain healthy. It highlights Keystone figures and corporate actions, including Fire Insurance firms increasing capital and shares offered to stockholders, signaling resilience amid a wave of financing.
MENTIONED IN THIS ARTICLE
Morgan, & Company oMercy
Kate
Standard OU Company
New Jersey
J. P. Morgan
New York
Comer
Kansas Cry Power and Fight Company
di Persuin
United States
Scandinavian
Denmark
Copenhagen
Switzerland
Zurich
Berne
Cleveland Meat Prices Reach New Low Levels
Cleveland reports ongoing price cuts across meats as retail values dip toward new lows. O Noygeneral lists ranges from three to eleven cents, with bacon reductions from 46 to 5 cents, signaling broad relief for shoppers citywide.
MENTIONED IN THIS ARTICLE
Cleveland
O. Noy
Nore Mal
Coffee Market Dips As Traders Weaken Rally
November trading saw selling pressure from hedge funds and Brazilian firms. March futures slid from TAS to 7.80 before closing near 4. The market finished with a net loss of 14 to 20 points. Kid Nee and other notes appeared, with May and July figures, while spot coffee stayed quiet around 7 to 14 for rises.
MENTIONED IN THIS ARTICLE
York Noc
Houseande
Jeter
TAS
Kid Nee
Rieses
Cotion New York Market Report Delays and Prices
In New York the market showed reduced activity and steadier tone. Opening declines were limited, January closed at 15.04 as the General Vist steadied after a five to 22 point advance. Exports reached 73,930 bales with 1,882,321 bales for the season and port receipts at 43,383.
MENTIONED IN THIS ARTICLE
New York
Haleés
Sugar prices ease amid limited demand in New York market
Sugar market notes in New York on November 28 show raw sugar steady with minor support from Porto Rico shipments and two day offerings. refined sugar quoted around 0.75 and 109.00 for granulated, with subdued activity and no clear price breakthroughs.
MENTIONED IN THIS ARTICLE
New York
Porto
Rea Ai Penn
Wealern Hemery Ohlcem
Msi
Exyrnk
Axtram
Nesta
Extros
Snes
Maine
Tauchland
Southern
Hersey
Hashes
Atraighis
Middle West
Prine Rine
Market Buying Seen Stimulated by Public Demand
Cleveland Nev report outlines how public purchasing power affects the market and notes lingering physical and financial obstacles. The Fourth Federal Reserve review discusses demand shifts, credit conditions, and gradual price adjustments as business activity remains constrained across sectors.
MENTIONED IN THIS ARTICLE
Cleveland
Nev
Federal Reserve
Pdceasinias Qattlr
Gea
Double Exports Of Breadstuffs In October Declines
October exports show breadstuffs valued at $133 127 000 with total month exports reaching $883 075 000. Fisheries of meat dairy and related products fell versus October 1945 while cotton and other goods show mixed results. Overall ten month totals run high against the previous year, highlighting shifting export patterns and domestic demand pressures.
Mexican Revenue Bill Drops Income Tax Proposal
Washington reports that the amended revenue bill abandons an income tax and instead raises petrol duty and inheritance tax. Treasury official Fullvador Alvarado says stamp tax and income tax were dropped to ease the poor, shifting the deficit burden to more affluent portions of the population. He emphasized Mexico City press coverage of the plan.
MENTIONED IN THIS ARTICLE
Wasrington
Fulyvador Alvarado
Tautenda
Mexico City
Washington
Manican
Douglas
Arley Noy
Jory Pentalorn
Heroe
Pall
New Mexico
New York Banks Offer Cuban Sugar Interests Large Loan
New York banks proposed lending about 50 million dollars to Cuban sugar interests and other legitimate Cuban ventures. The loan would be secured by Cuban government bonds and managed by a special committee including a treasury department official or a Federal Reserve representative. If accepted, five to ten banks and firms may organize to subscribe to the loan.
MENTIONED IN THIS ARTICLE
Tend & Sunt
Cuba
Treasury Department
Seneral
Reserve Board
Emerson Shoe Co Files Bankruptcy Liabilities in New York
The Emerson Shoe Company filed for bankruptcy in Brooklyn federal court today, led by president Theophilus RB. Kinetaor. Assets were listed at 284,490 with liabilities of 259,245. The Boston firm White Bankline-Lea is named as the largest creditor with a claim of 22,147.
MENTIONED IN THIS ARTICLE
New York
Brooklyn
Theophilus RB. Kinetaor
T R. Emerson Shoe Company
Treonid Mires Ie
Aa Draneh
Anbar
Bande Pacy
Wyte | Kkankie-Lea Company
Boston
Elain
Wheat Market Moves Amid Bullish Demand in Chicago
Active export demand buoyed the wheat market in Chicago on November 21, with prices showing net highs before a later pullback after news of a 74 unit rise in United States visible supply. December futures hovered around 1.55, March near 1.53, while corn and oats also showed mixed gains and losses across contracts and provisions futures varied by fractions.
MENTIONED IN THIS ARTICLE
Chicago
Rodax
Menartase
United States
Railroad Suit Against Govt For Half a Million
Railroads pursue a government suit to compel payment of about 400 million dollars under the transportation act. Grand Trunk Western is the sole petitioner, claiming credits under interstate commerce provisions and Treasury decisions. Court action, Treasury and Justice departments bound, may settle key payment outcomes for railroads nationwide.
MENTIONED IN THIS ARTICLE
Govt
Grand Trunk Western Railway
Liligae Lion
Pdue
Manda Wus
Secretary of the Treasury
Sero
Calimbia
Grand Trunk Westernm Railway Company
Wansportalion Vo Dustiee Metoy
Gren Tronk Company
Association of Ball
Tregeurs
Eeryance
Untersatare Commeres Commission
Treaguey Department
Grand Trak Westerst Way Company
Detroit Gran Hw and Milwaukee Railroad
Hite Commerce
Garrathy
Ie Transportation Act
Treasury
Gearauty
loLersaite Commerce Commission
Secratary Houston
Sill
Houston
Treasurs
Nonsensical OCR note hints at pricing and delays
A garbled OCR fragment discusses seed money and delaying none while promising accommodation. It mentions lower prices than a referenced source and a long standing issue with a person or place named Tawes yi Horn, but lacks clear facts or context.
Also Mentioned on This Page
Bethlehem Steel
U. S
Second Reserve District
Orleans
Texas
Mgaleo
Atention
Phe
Atenisons
Southern Pacific
TAO
Antigipano
Hiddings
Lye Company
Orivang, Texas & Alexion
St. Tabule
San Francisco
NTR
Thy Blan
Lever Brothers
Royal Dutch
Molfend
Durtige
Holland
Royal Duten
Invincible Oui
Jarre Wetlsns
Chandler
Sears
Brt
Rolland
Prax
Whiel
Nding
Haa
Myandal
Lerops
Elbinder G. Snow
Fome Msranes
Cotion
Va Allis
Chalmers
Umar Lee
Mar
Hier McMay
Boweh
Fay
Keystone
Ara
Ara Tht Corp
Linck Shce
Valle
Midvale Steel
ALY
Misson
Ehim
Sumatra
Baltimor Ohio
Son Bhp
Beth Steel
Bae
Brook Rap
Barns Bros
Imathér
Ray Maar
Crete
Ohio
Paul
UALR
Povsae
Ondine
Dela Wey
Syom Cop
Hans Sas
Ben & Rio
Wilson
Lavin
Mauds
Reushon Tie District
N. Y
Emerson ‘Shoe CO
Wheat Market
New Haven
Thang Frannie
Ide
Angies
Stigler
Handlighlerk
Fujuan Staten
Clarence Hosen
1 & Ie
Louis
Gaariabtee Baous
Morton Harding
Gener
Fifth Avex
William R. Bull
Bridgenure Cow
Enen
Barnum
Equitable Industrial Loan Society
Patafieliy Ave
Main Sty Secard Vioor
Conn
A. ML Wooster
Kornes
Patent Office
John P. Keogh
The
Bridgeport Trust
State Street
Millic Auetlan
Martin-Rockwell Corporation
Wilew Bt
New Haves
Braga
Gacme
Milley Prats
Windia Dey
Reed
Colin & Whitn
Eve Fred
Gray Planer
Pratt & Whitney
Billo Miers
Gardiner Rat
Manville
Gand & Fh
Chl
Remkess
Sumare Bren
Comprecsote
Bevel
Aelt Lauder
Ottley
Widarwood
Sanctuary
Ated Ark Wilayy
William A. Tobias
Thy
Marlin-Rock Well Corporation
Pyaeticativ
Willow St
Cann
Laine
Tun Eshte
City National Bank
T. L. Watson & CO
Cor. Main and
John Streets
First Mortgage
Guaranty & Trust. Co
Bridgwrot
Bridreport
Bridgeport Hydraulic Clo
Hincks Bros. & CO
Mettines
eNelagge, Inves Ni Bankers
BSC Main Street
Bridgeport, Conn