Stocks Gain Slightly as New Bond Offerings Rise
The market shows hesitancy with price changes mostly fractional amid a flood of new bonds 860 million arriving on the market first-day. International Paper Convertible debt leads gains while mortgage issues stay solid. rail and foreign bonds drift, as government issues ease and trading remains light.
MENTIONED IN THIS ARTICLE
Federal Land Bank
Continental
New York
Associated Treas
Continental Oil Company
Curb prices fall after early buying power
New York Oct 24 Prices of curb market securities showed a softening tendency in late dealings after an early rally with several leading issues posting gains. Oils and utilities fluctuated with mixed results while Gulf Oil and Chesebrough Manufacturing posted notable moves. Zinc shares dropped as New Jersey Zinc fell three points and Spanish River Pulp and Paper rose eight points amid broad activity.
MENTIONED IN THIS ARTICLE
New York
Associatid Press
Chesebrough Manufacturing
Wirelhaved
Vacuum
Standard of
Indiana
Gulf Oil
Rad Power and Light
American Gas and Electric
Associated Gas
New Jersey Zinc
Singer Manufacturing
Spanish River
Private wire facilities overview circular released
A circular describes private wire facilities available to clients. Names listed include Hemphirrt Noyes Ca Members Hew Yort Stock Johangs City Savings Basic Bldg. Bridgeport Telephone Barnum New York Philsdelphin Bietem Pitteharsn aivasy Retumoie Syracuse Scrarton.
MENTIONED IN THIS ARTICLE
Noyes Ca
Johangs City Savings Basic
Bridgeport Telephone Barnum
New York
Philsdelphin
Bietem
Pitteharsnaivasy
Retumoie
Syracuse
Scrarton
Bank and Insurance Stock Quotations
Bankers Capital furnishes stock quotations for bank and insurance stocks. The column lists prices, daily changes, and notable shifts in major financial institutions. Substantial movers include large regional banks and insurance groups with notable gains and losses.
MENTIONED IN THIS ARTICLE
Bank and Insurance
Stocks Rally At Opening But Fall Under Late Sales
A brisk midday rally in the New York stock market gave way to heavy selling in the final hour. U S Steel General Motors and New York Central led earlier gains but closed near lows after a late decline. Banks reported loan renewals but the reserve position remained weak amid mixed earnings forecasts and shifting credit sentiment.
MENTIONED IN THIS ARTICLE
New York
Associated Press
U. S. Steel
General Motors
New York Central
General Electric
Gall Money
Houston
Baldwin
Sterling Products
United Drug
Western Maryland
St. Louis Southwestern
Chesapeake and Ohio
Atchison
Southern Pacific
Phil- Ups Petroleum
General
Foreign exchange quotations in cents in New York markets
The day’s foreign exchange rounds show British demand at 486 and 487 1-8 cents, 60 day bills 482 7-8, France at 8.93 3-8 and cables 92 5-8, 92 5.8, Italy at 5.46 1-4, Belgium 13.91 1-2, Germany 23, Holland 40 23, Norway 26, Sweden 26.93 1-2, Denmark 2, Switzerland 17.18, Spain 17.18, Greece 1.33, Portugal 4.04, Poland 11 25, Czecho-Slovakia 1.76, Austria 14.08, Roumania 62, Argentina 42.75, Brazil 11.96, Tokyo 46.43, Shanghai 62.26, Montreal 100.15 5-8, with assorted cable rates and mixed banks noted.
MENTIONED IN THIS ARTICLE
New York
CMD
Mit
KY Eile Stour
SU Philip Moris Co
Abia Straus
Philips Dunes Corp
Mt Ft
Ay -Mina
Kale Morxe
akIy
Luis
ABU
Lnani
Lnani Pn
Xehin
Chile
Greene
Ena
Gillant
Seara Hoebuck
Ett Okey West
Mobile North
Bae
Kelly
Hartman Corp
Herman Corp
Alixon
HK Hotton
Bern
Howe
Hudson
Kadeon
Hudson Motor Car
Hupp Motor Cie
Illinois
Coe
Odo Stunteinier Corp
Crete
aBy
Texas Corp
Mary Co
Coast Line
Ion
Mts
Hellulig
la-Ohio
Nyerly Pe Corp
Bronbergeat
Island Creek Coal
Lewater
San Jordan
Kun City South
Mly
Kay City
Dion Kel
Boot Union
Alsty
Kelly Spring
Brio Pavisie
Fisher Os
Eaton Kren
Manis
Janel Carinae
Burns
Faulk
Youadhm Corp
Eady
Waldort Syaten
Ward
Waeri Bros Co
Carp
Manhattan
ELA
Alton
Penn Paw
Vizag
Gonn
West Maryland
Sturex
Maryland
West
Maynus Co
Metrory
Metrere
Metro Goldwyn
Selund OH
White St
Amer Bol
Loulw
Witkon Co
Les Am
Whwwurth Co
Wright Aero
Mullins Baal
Momatng
Murray Corp
Tome Naira
Bella Hess P
Cuba
Consul Hearty
ORIED
Marhoune
North
Owens
Chin P . Ina
Cuna
boIth
York
Ace
Brerdens
Denbek
Jon
Byed Press
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Spain
Greece
Portugal
Poland
Czecho-Slo Jago-Slavic
Austria
Roumania
Argentina
Brazil
Tokyo
Shanghai
Montreal
Shipping Arrivals and Financial Update from New York
Shipping notices list arrivals from Southampton and London including Caronia Antwerpt Patria and Conte Biancamano with dates October 21 to October 24. The President Taft sails Manila October 31 bound for Seattle. Clearing House reports 2543 000 000 in exchanges and 127 000 000 balances with 95 990 000 Federal Reserve credit. A proposed RCA and Western Union contract to handle radio pickup and delivery nationwide is noted but not confirmed.
MENTIONED IN THIS ARTICLE
Caronia
New York
Southampton
Antwerp
Patria
Lisbon
London
Conte Biancamano
Gibraltar
President Taft
Manila
Seattle
American Banker
Federal Reserve
Foreign Financing in U S At Record Level This Year
Foreign Securities sold in the United States through September 30, 1927 totaled 1 054 490 675 par value with 8974 472 B76 new issues and 83 867 700 refunding issues. The nine month total nearly matches the year 1926’s full twelve months and exceeds any prior year on record, signaling 1927 may set a new financing mark for foreign securities in the U S.
MENTIONED IN THIS ARTICLE
United States
Exelvelve
Metals News Roundup From New York on Copper and Tin
Copper steady at 13.25 for spot and futures. Tin firm at 68.00 spot and nearby, 58.75 for December. Lead quiet with prices around 6.25 in New York, 6.00 East St. Louis. Quicksilver at 1377.00. Antimony spot 11.00. Tron steady and unchanged. East St. Louis futures quoted.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Spot
East St. Louis
Rubber closes steady as contracts rise in late trading
Rubber futures end steady with December at 34.50, March 35.00, and May 35.40. The daily U S Treasury balance in the general fund stands at 360.1B7, 192.84.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Washington
the Daily Statement of
The
U. S. Treasury
Also Mentioned on This Page
Dodge
Baltimore and Ohio
Chesapeake
Corporation 53
Erle
Great Northern &S
Prouuetiose
Baekeing
Esac
al Patanet
Wien
Hodson
Ihour
Willard & CO
Bankers Capital
Aid
Trust Co
Bank of American
Bank of Aintyten
Manhattan Company
By & Blunk
N.Y
Bank of the Nias
Vankera
Vonpoy
Trust
Teast Co
Vanover Nationa
Bank
Tomer Co
Muse
Gabe Und Bigers Ak Az
Amerian
Ion Home
Bal Insanne Co
Midi
Alerion
Ion Co
Sterling
Francs
Cam
Clearing House
Wall Street Hense
Radio Corporation of America
Western Union Telegraph
Radio Corporation
Lark Companies
Postal Telegraph
U.S
U. S. Department of Commerce
Europe
Latin America
England
Saresor
Wipings Associates
Boston Barn
Formine Montes
Alon
Treasury Balance
United Loans
Fairfield Ave
Cor Wat
Bankers Capital Company
New Haven
First National Bank
Bridgeport
Conn
H Oh. Gunder
Sturces
J. A. Kok
Ranbacy
HLA MeRitor
Danie
Yle Earle
John Kroen
A. Connor Semon
Bridgeport Telephone
Noble
Bridgeport Brase Co
Eastern Gas & Electric Securities
Georgia Power Co. Ist
New England
Hincks Bros. & Co
Barmim
John G. Howland
Hartford
E. H. Rollins & Sons
Boston
Denver
Pearl St
Philadelphia
San Francisco
Los Angeles
Chicago
NEW England Equity Corp
Franklin Block
Sk Noble
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