Stock Market Surges as Volume Tops Two Million Shares
New York trading sees total sales exceed two million as prices rise on stiff money rates and optimistic data. Kresge soars to a record high near 800 before retreating, while United States Steel and Bethlehem Steel post gains. Oil, gas, tobacco, and auto issues also show strength amid broad market advance.
MENTIONED IN THIS ARTICLE
New York
Otal
United States Steal Corporation
Kresge
Kress and Company
Seak
Associated Dry Goods
Kinney Company
McCrory Stores
United States Steel Common
Sloss Sheffield
Bethlehem
Crucible
Gulf States
General Motors Common
Studebaker
Dodce Brothers Fisher
Timisen
Strombert
Stewart-Warner
Marland
Broklyn Union Gas
United Cigar Stores
Svattera
James HK
Duke
Reynolds
Barnet Leather
Brown
Criss Er Motor
DuPont
Mmerson Brantingham
Schulte
United Drug Anit Western Company
Electrical Equipment Exports Show Higher Monthly Average
Washington October 13 The highest monthly export figure for electrical equipment in more than four years was reached in August with foreign shipments at 8074 352. The year’s exports to date remain below 1924 first eight months but the monthly average outpaces last year and 1925 may exceed 1924. Changes show declines in power generating units but transformers and switch gear rise. motors and accessories increase along with lightning arresters fans and domestic motors. Radio sales rise abroad though high local prices curb demand for cheaper sets.
MENTIONED IN THIS ARTICLE
George H. Manning
Washington, D. C
Department of Commerce
Right garages listed in permits from city board
Eight of fourteen building permits granted yesterday by the Board of Building Commissioners at City Hall are for garages. Permit values total 74 917 dollars and cover numerous two car frame garages, cement block garages, and related additions at multiple addresses including 1822 State Street 19R8 Seaview Avenue 51 Wax Street 5 Bryant Street 310 Favel Street 235 Orchard Street 87 Atwater Street 248 250 Gordon Street and others.
MENTIONED IN THIS ARTICLE
Board of Buildin Coingusioners
City Hall
Orr Plato Ralue
Permis
Bessie Ti Faketa
Barace
State Street
S&s
Wax Street
Prank Plarso
Bryant Street
Jucy Erk
Favel Street
Rosaria Tour
Palisade Place
Rizzard
Orchard Street
John Adamehah
Lindley Street
Mr. Russell
Atwhter Street
Foley and Hendrickson
Gordon Street
Bertha Renn
Madison Avenue
Vincelette Street
J. F. Russell
Atwater Street
W. ET
Lilios
Metal Market Update With Spot and Futures Miscues
New York metal prices show steady spot and futures in various items. Copper and zinc trade firm with near term futures around 62.00 for copper and 0.54 for zinc while lead holds at 1.50 and 540. Iron and tin exhibit steady spot marks as Anthony and others quoted in brief market notes.
MENTIONED IN THIS ARTICLE
New York
Met
Mopper Steads
Zane
St. Tans
Una
Anthony
Cotton futures steady after overnight gains in New York market
Cotton on the New York market opened steady and closed steady with October through May futures showing modest gains. October 21.44, December 21.55 to 21.56, January 29.81 to 28.82, March 20.10 to 21.73, May 21.20 to 21.33.
MENTIONED IN THIS ARTICLE
New York
Markets at a Glance Across Cities and Commodities
New York reports Kresge gaining 199 points to 300 with mixed foreign exchanges as French and Helgian francs react. Cotton steady amid heavy rains in the southwest. Chicago notes wheat steady, receipts light, hogs easy with packers bidding. Washington treasury balance as of October 10 stands at 315,020,899.88 dollars.
MENTIONED IN THIS ARTICLE
New York
Kresge
Lucar
Chicago
Washington , C
United States Treasury
Market Curb: Oil rally amid profit taking on Tuesday
Operators held curb prices steady despite heavy profit taking. Oil shares led gains with Vacuum up to a 1925 high near 99.50, while Humble Gulf of Pennsylvania Imperial of Canada and others gained 1 to 2.5 points. Industrial issues advanced including Ford Motor of Canada and Victor Talking Machine. Atlas Portland cement fell, Goodyear and Stutz declined. public utilities traded lightly with American Light & Traction and Mississippi River Power at new highs in merger anticipation.
MENTIONED IN THIS ARTICLE
New York
Humble
Gulf of Pennsylvania
Imperial of Canada
Reiter-Foster
Standard
Kentucky
Ford Motor of Canada
National Tea
Victor Talking Machine
W. Grand
Cuba Company
Rercuses Powder
Lehn & Vink
Maytag
McCrory Stores
Miller Nubber
Sieberling Rubber
Atlas Portland Cement
Gillette Safety Razor
Goodyear Tire
Stutz Motors
American Light & Traction
American Superpower B
Mississippi River Power
North American Company
Wall Street Notes Cash calls rise as banks pull loans
New York banks called about 20 million dollars of loans as out of town demand boosted call rates to 3.5 percent. Government plans to withdraw 20.4 million from Fed banks to meet Oct payments on Liberty bonds are reported. Merger talks involve Sheffield Farms and National Dairy Products Corp with Sheffield valued near 20 million in assets.
MENTIONED IN THIS ARTICLE
New York
Financial District
Clearing House
Federal Reserve
Sheffield Farms Company
National Dairy Products Corporation
D. 5S
Horton
Sheffield Farms
New York City
Mog Lalani bids rejected by Jeet Corp for Hog Islands sale
Bids for Mog Lalani at Hog Island were rejected by the Jeet Corporation and the Shipping Board on Tuesday as inadequate or noncompliant with ad requirements. The board kept decisions on inviting new bids or allowing smaller bids open, amid asset sales from postwar property and emphasis on restoring a shipping terminal.
MENTIONED IN THIS ARTICLE
Washington
Jeet Corporation
Mog Lalani
Shipning Hoara
Money Market Report from New York Trading
Call money strengthened with a high of 1 to 2 and a ruling rate of 4 1 2. Closing bid 4 1 2 and offered at 3 4. Last loan 5 1 2. Call loans against acceptances at 4. Time loans firmer with mixed collateral. 80 to 700 pounds per unit for 4 to 6 months at 4 4 4 5.
MENTIONED IN THIS ARTICLE
York
Rayon textile industry surges with 1925 55 million pound output
The Textile World estimates United States rayon production will reach 55 million pounds in 1925 and rise to 74 million in 1926. Growth since 1920 from near zero to tens of millions is driven by the rayon label and improved quality. The fiber offers lustre, durability, and price stability, expanding beyond silk substitutes.
MENTIONED IN THIS ARTICLE
Rayon
United States
Textile World
Demand for Domestic Bonds Opens Week on Mixed Tone
Demand for domestic bonds outpaced heavy foreign debt concerns as Washington warned against further private loans. French obligations declined slightly while Mexican bonds fell amid no progress on debt payments. Investment railways and several rail issues rose, with St Paul stock suspended for a reorganization plan.
MENTIONED IN THIS ARTICLE
New York
Coolidge
Wall Street
Washington
France
Baltimore & Ohio
Louieville & Nashville
New York Central
Chesapeake & Otto Isuites
St. Paul
Bosch Magneto Increases Stock at American Bosch Meeting
New York stockholders of the American Bosch Magneto Company authorize an incertae of 175000 to 268000 shares of no par value. Proceeds will retire the companys bonded debt of 22126000. Directors decide to call the companys funds as of December 1 at 106 and accrued interest.
MENTIONED IN THIS ARTICLE
National Tea Company of Chicago
Merrill Tanch & Co
New York
American Bosch Magneto Company
Fonds
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General Motors
Fidelity Loan Carp
Middle ST
John
Getweer John
Wal Streets
Barnum
Bridgeport Hydraulic Pany
Main Street
Frank
Brotherton
Wade
Hawley Ave
Metal Market
U. & Treasury
Thomas G. Plant
Bank Stocks Corporation
Hog Island
Goody Rtroop Iar
Korth
Ea A
Aco
Philadelphia
Bim
Phila Co Es
Ajax Rubber Il
Fierce Arrow
Homestake
Pierce Arrow
Pierce Oi 14 Ls 2000 Am Agrl
Houston
Perce Petrol State Bank
Bowe Co
Pitts Coal
Hudson ‘Manhat
Pitts Utilities
Hudson Man
Internal Ag Corp
Radio Corp
Harvester Co
Wateway
Republic
Ns CO
Ang
Royal Dutch
Intertype Corp
Joseph Sdeeny
Kayser
Behuly
Kelly Spring
Sealed Air A AG
Sum_Tel
Keily-Sp
Seaba Air Limpart
Fanney Co
Shell Tr
REY Ai Ae
Shell Union
Simmons
Kress Co
Lehigh Valley
Arnold Con
Louis Gil
A&so
Atchison Pf
Mack ‘Trock
Bray
Macy RH Co
Atl Coast Line
Budma Copinson, Co
Bath
Amity
Soest
Joe Augiin
Bal Taco
MBG
Maracatbo
Mansia 1! Corp A
Symington Co A
Hyane Balti & Ohio
BOM
Marland Oil
Vie ‘Texas Co
Balt
Ohio Pl
Martin Parry
Texas
Texas Pacific
Tex Pac CO
McCrory Sts
McIntyre
Tide Water O
al If
Belding
Metro-Gol Power
Beth Steel
Miami
Twin City
Union
Bkn
Miss Kan Tex . Als
United Drug
United
Boo Mullins
Murray B Corp
Callahan
Nash Mo
Steel Co
U S Steel
Ak Suit
Cerro de Paseo
Hes
Ohio
Oh Bi Vivaudou Inc
TOL
Ward Baktog
Royah
Chi Nor Wes
Norfolk
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Warner Br Pic
Chi Nor Web
North Amer
Weber Hostler
Bay BF
Chi Phew Tool
Ala North Amer
West Penn Co
Northern Pac
West Penn P
Norwalk
Nunnally
West Mee M TA
Chile
Oppenheim
Ron Weston
Tlec
Orpheum
Tms
Colo
Packard Motor Tira
Sly
Wiekwr Spet Ants
Colum
Paige Det Motor
Willys
Pan Am
Wi'sen
Panhandle
Wilson Co
van Fom
Parish Bingh
Ated Woolworth Co
Eno Park Titford
Bhet Wright Aero
Pennsylvania RR
Wrigley Jr Wm
Congo
Consal Gas Gs
Cuba
Cushman's Inc
Cuyamel Ts
Pan Boone
Gil Athe
Deere Cop
Agsao Node Bros A
Dedee Broas
Mast Kodak
East Kodak
ana Endicott_John BOY
Erie & Ae
Lasa Ann
Ted Min
Fisher
Schmann Co
Asain Foundation Co
TNO
Asphalk
Stan Gimbel Bros Mon
Gimbal Bros P
Ginter Co
Glidden Co
Fen
Isrmaren
Les
Sull
Paul
Frankfort
Augsburg
Heidelberg
Snes
Bosch Magneto
Tyler Building
Connecticut
Legal For New York Trust Funds
Hinces Bros. & CO
Telephone Barnum
Bridgeport
MEMB
N.Y Stock Exchange
N.Y. Jotton Exchange
I. Sofies & Sugar Exch
Chicago Board of Trends
Broadway
the Mutual System CO
State Bank Commissioner
the Mutual System
Bank ST
the Lomas & Nettleton Co
Orange St
New Haven
Conn
Connerttens
United Loan Corp
Fairfield Ave