Belgian Bond Market Leads Quiet Trading Day
Belgian bonds monopolized activity in October 26 trading with total sales near 91 million dollars. The Belgian stabilization loan portion was oversubscribed within half an hour, driving bids for the new issue while old 7s and other European obligations held firm. railroad liens rose with carrier stocks after strong September earnings, and future financings for International Paper and the Stinnes group were announced.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Delaware and Hudson
Norfolk and Western
International Paper Company
Chase Seeurltieg Corporation
Bankers Trust Company
Warris, Egrbes and Company
Stinnes
Wheat and corn prices drift in New York market
In New York on Oct 26, spot wheat and corn showed barely steady movement. No 2 dark northern spring, No 2 mixed durum, and Manitoba types quoted with arriving and in-bond statuses. Futures for December and May posted barely steady levels. Oats, No 2 white, traded around 64 1/2 cents.
MENTIONED IN THIS ARTICLE
New York
York Lake
Ealt
New York Lake
Manitoba Lake
Bond
New York Lake Rall
New York Produce Prices Mixed in Early Market Report
New York October 26 AP Butter steady to firm with creamery and exes higher on 92 and 33 scores. Potatoes steady with Long Island bulk at 6.00 to 6.25 per 189 pounds, Maine and New York ranges, cabbages steady, central western New York whites 15.00 to 18.00 per ton, Danish imports 20.90 to 23.45.
MENTIONED IN THIS ARTICLE
New York
Long Island
Maine
Dto
Central
Foreign exchange irregular allowances listed by country
Foreign exchanges irregular allocations in cents with figures for Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czecho Slovakia Jugoslavia Austria Roumania Argentina Brazil Tokyo Shanghai Montreal Portugal and other rates as of Oct 26. Currency values shown as demand cables and 60 day bills on banks.
MENTIONED IN THIS ARTICLE
New Fork
Great Britain
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakia
Jugoslavia
Austria
Roumania
Argentina
Brazil
Tokyo
Shanghai
Montreal
Portugal
Shipping News: Vessels Sailed and Arrived Across Ports
Shipping notices list movements of ships including Sailed Gripshelm departing Gothenburg October 26 bound for New York and arrivals such as American Legion New York from Buenos Aires. Other entries show Majestic New York October 26 Guthampton Stockholm New York October 26 Gothenburg United States New York October 28 and Hellig Olav Copenhagen October 6 New York October 26 with Liverpool and Valparaiso routes among the cargo and passenger movements.
MENTIONED IN THIS ARTICLE
Gripshelm
Gothenburg
New York
American Legion
Buenosaires
Majestic
Guthampton
Stockholm
United States
Copenhagen
Bamaria
Liverpool
Bessequiba
Valparaiso
Hellig Olav
Metal market roundup from New York trading floor
Copper and tin prices eased while zinc and antimony were steady or slightly lower in New York trade on October 28. Spot and near term copper traded around 14 to 14 28 cents, tin near 69 dollars with nearby 67.50, zinc at 7.22 to 7.25, antimony at 14.00.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Cotton futures close steady with mixed declines
From Cotton New York on October 26 the market shows quiet activity for middling cotton at 12.45. Futures closed barely steady with declines of 14 to 1 lower across contracts: December about 12.20, January near 12.38, March around 12.56, May roughly 12.82, July about 13.04.
MENTIONED IN THIS ARTICLE
New York
Money Market Report From New York
Money in New York on Oct 26 was steady with all loans at 4 1/2 percent. Closing bids at 4 1/2, time loans eased with mixed collateral, including 69 to 30 days at 4 7/8. Agricultural and short term papers around 4 1/2 to 4 3/4, prime mercantile paper 4 1/2 to 4 3/4.
MENTIONED IN THIS ARTICLE
New York
Eas
Forest Industry Growth in New Brunswick Revealed
Chief Forester L Webb reports New Brunswick as a forest province with 75 percent forest land. The industry ranks second to agriculture, with $40 million in capitalization and pulp production of 137,869 tons in 1925, exporting $150,610 worth of pulp wood to the United States. Crown forests total 7.5 million acres, yielding about 14 cents per acre annually.
MENTIONED IN THIS ARTICLE
Fredericton
New Brunswick
L. §. Webb
Mr. Webb
Dominion
Soan
United States
Union
Treasury balance shows daily general fund
The Treasury on October 26 reports a balance in the general fund of 263,086,671.87 dollars. The statement reflects the day’s cash position and overall federal funds status.
MENTIONED IN THIS ARTICLE
Washington
The
United States Treasury
Balance General Fund
Electrical Appliances In Use Nationwide Reach 27 Million Mark
A Louisiana Mississippi Committee study lists 9,940,000 electric irons and 4,840,000 vacuum cleaners among the nation’s in use electrical devices. Other counts include 3,220,000 toasters and 2,940,000 washing machines. Demand for ranges refrigerators and farm equipment is strong while exports rise about seven and a half percent from 1926. Manufacturing advances suggest earnings gains may outpace output for the year.
MENTIONED IN THIS ARTICLE
Louisiana-Mississippi Committee of Public Utility Information
Curbs Hold Firm In Oil Stocks As Gas Cuts Hit
New York stock scene shows oil shares resisting price cuts despite gasoline reductions in the Midwest. DuPont and Purity Baking move, while General Baking, Freshman radio gain, and utilities like American Light and Traction and United Gas advance. energy issues dominate the day with mixed bond gains.
MENTIONED IN THIS ARTICLE
New York
Middle West
Miscellaneous Oil
DuPont
General Baking
Glen Alden
American Light and Traction
United Gas Improvement
Columbia Gas and Electric
Service
Detroit Edison
Delaware's liberal charter law creates 70000 corporations
Dover Oct 26 AP Delaware’s general incorporation law attracts between 66000 and 70000 corporations nationwide. Features include easy compliance, 24 hour incorporation, no personal appearance, and minimal state oversight. Stockholders’ and directors’ meetings can be held anywhere with flexible stock and dividend provisions.
MENTIONED IN THIS ARTICLE
Dover del
Union
Delaware
United States
Delaware Corporation
Coffee markets steady firmer as futures hold
Coffee spot remains quiet yet firmer in New York with Rio No 7 at 16 12 Santos No 4 at 20 68. Futures hold steady with December at 15 68 and March at 16 08. Separately Missouri Pacific reports September net income rising to 2 291 157 from 1 988 376 and nine months totaling 14 665 126 versus 12 439 364. Southern Railway September net income at 5 095 414, nine months 35 990 163 versus last year. Pre September areas slightly down but nine months up to 104 842 140.
MENTIONED IN THIS ARTICLE
New York
Snes
To Lay
New York Exchange
Douglas Pectina
ADI
Aya AL Hem
Ain
Amerada Corp
Horn
Ry Corp P
Yalta
Bosch
Fairbunky Morte Co
Norwalk Tire
AuRy
Oronthas Corp
Dernl Motors Au
Onyx Toslery Ram Bu
St Nut
Otis Steel Fr Us
Am Chiate
Ae Banco Fink Jeubber O
Onyx Tos P
Aro Drug Syn
Fleischmann Co
Owens Hottle
Fox Film
Freeport
Tex
Gabriel Snubber
Gardner Motor
Detroit
Paige Yag
Internat ‘Corp RT
Asphalt
Pan Am Petrole Ei
Pan Am West
Apo
Neral Cie Pont Ae
Electricus
Pathe
Am Metal Co
An An Cabo
M1 Motors
Bam
Penn Coal Coke
RI Ria
Morris i
Gimbel Brow
Dann Paamllps Petrela Ar
Giichen Co
Samatra
THN
Pierre Detrote
Agi
LANA
Sri Ste
Pittyburg
Tittaburg
Narir Orrett Ina
Gulf Statpa Steel
Frag Soo Pable
Pruhman Co
Armour Co of Il
Hartman Corp
Punto Alegra Sugon Bay Ab
Arnold Constable Corp
ZOD Aztlan
Cory
Frowseheld Progna
Asso
Howe Rotund Co
Radio Corp of Am
Radio Corp P
Thoo Atchison
RAD
Ingersiilland P Ad
Adl Refining Ptt
Inland Steel Rbs
Ae Lin
Inter Rap Tran
Baltimore Ohio
Oes Aso Inter Agti Carp
Bangor Aroostock
TO &T
Tula South
Borasitary Corp Ais
Schulte Ret
Seba Ar Lp
Rengrave Corp
Booth Fish Ist
Toy BN
Enjon Oil Boony Roony
ORO BrieRs Me
Simmons Co
Troms
Kimms Petrote
Oy Tonearos
Fey
Kinelaty Con Gil
Tiunswick Lialke
Our
Jordon Motor Car
LWO
Kinetair
Otis
Brunswick
Kan City
É. Rlm
Porto Rio
Hutte Superior
Butterick Ca
Ant Gay
Id Co
Cal Petroleum
HHO
Cainmet Ariz Min
Gang Itm Bno Laclede
Lambert Co
Canadian Pacific
Cerro de Pasco
Stromberg
Tima _Loco
Chesapeake Onion
Symington
Symington Co A
Texas Pac RY AD Sa
Raosaa
Chile
He RB 38 Inc
Magma Con
Christie Brown
Chrysler Corp
Cluett Peabody
Cuett Peabody
Wang
Aay Ag
Collins Adkman
Minth Ak
Union Pac
SRY Bay
Reo Muay Dent
Thien
Miami
Con
Middle States
Congress
Consul
Jouis ‘Ag
Consol
Miss Kan Tex
Continental
Aon Power
Steel Co
Vanadim Carp
Nba
Vicksburg
Mansingwear
Cabos Co
Murray Tody Corp
Davison Chessen
Nash Motors
Delaware
Acnestead
OS Bay
TAO
Warner Bros
Devoe Raynolly
Warren Bron
Paige Dros
Weber Tiolltianer
Dodge Bros
West Penn Elpine Ag
Wilton Co
BND
Wilson
Wilkan
Woolworth Co
Army
Wright Aeronaut
Yettow
Yoo
AOD Youngs
Rio No
Santos No
Minsouri Pacific
Southern Railway System
New York, New Haven and Hartford Railroad
I. c. OC
Markets Mixed As Directors' Meetings Loom Over Stocks
Stock prices drifted in a unsettled market as traders held off awaiting important directors' meetings. United States Steel paid a $1.78 quarterly dividend, while General Motors reported nine month earnings of $149.9 million plus equity in subsidiaries. Prices fluctuated with gains in some high grade abroad shares and losses in others as rail and consumer stocks moved on earnings and merger rumors.
MENTIONED IN THIS ARTICLE
New York
United States Steel Corporation
General Motors Corporation
Wall Street Notes Show Rising Nine Month Earnings
Inland Steel and several rail and chemical firms reported higher nine month net incomes, with Inland Steel at 6.03 million and $3.82 per share after preferred dividends. Other highlights include Chicago Rock Island Pacific, New Haven Hartford, North American, and Pere Marquette posting gains, while Central Leather turned to a loss.
MENTIONED IN THIS ARTICLE
Chicago
Rock Island and Pacific
Also Mentioned on This Page
Urain
N.Y
France
Shipping News
Treasury Balance
U. S
Electric Irons
Miichona
Camerines Associates
Bostow
Associated Press
Hirh
Rona
Mon
United States Steel
Pennsylvania
Upee
Ted
Steel Common
Geneeral Motors
T Ralls
Tinton Pac
Rock Island
Chesapeake
Ohio
Delaware and Hudson Atowkholders
Pen Vania
Ruynors
International Agricultural Chemical
Mack Trucks
Mackay Companies
National Cash Register
Worthington Pump B
Mi Department Stores
Cotham Ste Hesiery
Elkhorn Coal
Columbian Gas
jJusk
Montgomery-Ward
Gears Rucebuck
Timken
Wall Street News
Inland Steel Company
Deere and Company
Chicago, Milwaukee & St. Paul
Motor Wheel Corporation
Delaware and Hudson Company
California Petroleum Corporation
Agwismith
Atlantic Gulf and West Indies Steamship Lines
Moore
Tidewater Associated Ol Company
Priscilla
American Brown Boveri Electric Corporation
Central Leather Company
Ohie Oil
Pere Marquette Railway
Hureka
BRO
St. Louis
Conservative Mortgage Investments
Bridgeport
Florida
Georgia
Title Guaranty & Trust CO
1St
National Bank Bldg
Cits
Depa
United Loan Corporation
Fairfield Ave
Cor
Fidelity Loan Corp
John Bet
John
Wall
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