Sharp Recovery in Stocks Follows Dividend Payments
New York reports a mixed trading day with a sharp stock recovery and cotton futures rally driven by over $3 per bale gains. Wheat rose while other commodities varied little. bond and money markets held steady. private crop estimates boosted stocks and rail shares saw gains despite earnings doubts.
MENTIONED IN THIS ARTICLE
New York
Associated Press
New York Federal Reserve Bank
Ford
Pierce-Arrow
General Motom
Nash
Allied Chemical
Commonwealth Power
Great Northern Ore
New York Dock
Kelly Springfield
Mullins Body
General Electric
American Machine and Foundry
Warren Brothers
Booth Fisheries
Panhandle
Atchison
Storey
Western Maryland Dominion
Reading
Wabash
Chesapeake
Ohio
Foreign exchange rates in cents for major nations
Foreign exchange quotations in cents show Great Britain at 485 5-8 demand and 486 1-16 cables, France 3.81 3-4 demand, 3.92 cables, Italy 5.49 demand, 542 1-2 cables, Belgium 13.92, Germany 23.77 1-2, Holland 40.03 3-4. Others include Norway 26.19, Sweden 26.83, Denmark 26.75 1-2, Switzerland 19.27 3-4, Spain 16.93 1-2, Greece 1.32, Poland 11.20, Czecho-Slovakia 2.68 1-4, Jugoslavia 1.76, Austria 14.02, Roumania .61 3-4, Argentina 42.68 3-4, Brazil 11 a7, Tokyo 47.37 1-2, Shanghai 60.25, Montreal 100.06 1-4.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakia
Jugoslavia
Austria
Roumania
Argentina
Brazil
York
Nuw Yourke Stock Exchangeon
Ciba Co
Lins Bo
St Louis
Aumidl
Codahy
Sy BO
SOO Abriahane
Atty Aturnely
Deleware
Detroit
Paver Ruynalds
Teno
Dite
Pau
Danone Motoh
Montgomery Ward
Moon Motor
Albany
Mosher
Dodge Urva
Mocray Corp Amo
Nash Motors
Associated Agiwu Am
Liberty Bonds
Liberty
Athon
NY Central
Rte
Treasury
ATL Treasury
Tnt West
I Treasury
Ann Linseert
Iz Ra
Fick Thuy
Hesselmann
Deel Lon
Norfolk Western
Genrdner Moor
North Pacith
Ohue Ain Tank Gyino Nord
Norwalle Tire
Gmnibos
Ant Ship Commerce
Oppenheim Collins
Pontaindie
Typ
Pathe
Penn
Wn Army Co of
Del
WU Gt
Penn Dix
Anni
GE North Ry
Foun
Indus
Arm Co Ag
GL West Sur
Drrewn
Jon Pronlen
Peorla
Arnold Constaly
Gan Bugar Oy
Tore Margrtte
Nortman Corp Bo
Gunn Phips Petrol
Fins
Hollander Son
Tad Pierre
Bally Bovom
Oolant Pierce O'Li
Baldwin Locomot Jt
Houston
Baltimore
Ohio
Hudson Stanhatton
Barnsdall Corp
Barnsdan Corp
Robber Corp Nod
Neon Ponts AL Sugar
Ingersoll
Purl Raketies
Bloomingdale
Inland Steel
Son Porit
Bon Bramenthal
Inspiration
Ad Rane Corp
Inter Agri Corp
Burroughs
Tutterick
Rafety Cale
Tyers Co
Ardoseph Lear
Agi
Lang
Sant Ry
Cel Petroleum Brora Co
Roythwest Aly
Son
Callahan ‘Inc
Island Creek
Seagrave Corp
Kan City
Shell Union Oil
Skiy Century Wik Mills
Ltig
Tukly Spring” Tire
xaCerta Corp
Keystone ‘Tirey
Wah OM Kresge
Kresge
South
Dairies
Oy Ban
Western DL Pia
Kress
Lamber
Lehigh Val Toit
Chile
Standard Milling
Childs Co
Chrysler Corp
Pierre
Corp P
Louis Nash
Superman
Clnett Peabody
Symington Co
Ludlum
Colorado
Mackay
Colum. Carbon
Mallinson
Congoteum-Nalen
Consol
Arlin
Stydott
Continental
Crovibie Steel
Mos
Trace
Uuba
U S
Ly NG Son
Sut Corp
S Steel P
Tehacee
Walworth
Amner Quinlan
Arren Bros Ua Aia
Talory
West Pe
Witta
Pena Yeul & P
West P
Ark
Han & Say
Weston
White
Daou Wiss Overland
Wilson Co
Wilson
Grain prices rise on world market and domestic estimates
Chicago reports wheat prices opening higher due to Liverpool advance and optimistic early gains. Unofficial domestic yield estimates show a drop from last month, with corn oats and provisions also firmer. closing quotes for wheat modestly higher and corn and oats mixed.
MENTIONED IN THIS ARTICLE
Chicago
Asociated
Liverpool
Shipping Arrivals and Departures Include Bremen and Cherbourg Trades
Shipping notices state Bremen New York arrival from Bremen Providence New York Sept 1 by Marc Beilles, and sailing of Reliance to New York from Cherbourg Aug 91, with Homeric also sailing Cherbourg Aug 31 to New York.
MENTIONED IN THIS ARTICLE
Bremen
New York
Providence
Marc Beilles
Reliance
Cherbourg
Homeric
Reframing Saving Into Working Capital Methods
Harland H Allen argues against the word saving and suggests treating money set aside as working capital. He advises establishing education reserves retirement funds and sinking funds, using insurance and investments like bonds or building and loan shares to create concrete future provisions rather than vague saving.
MENTIONED IN THIS ARTICLE
Board of Directors
Specialties and Industrials Lead in Curb Trading
New York stocks show wide gains in specialties and industrials with few high priced shares trading thinly. Royal Baking Powder climbs to a new high while Lehigh Power leads utilities. oils and other prominent issues like Curtiss Aviation and Caterpillar show strength amid profit taking on some names.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Standard of Indiana
International Petroleum
Imperial of Canada
Lehigh Power
Curtiss Aeromarine
Daveys Inc
Caterpillar Tractor
Holland Purnace
Amoskeag
Magis Corporation
Celetex Borne Schrymser
Universal Pictures
Celmotd
Real estate warranty deeds and shortgage transfers list
Realty transfers show Coggswell Realty to Mary Wade on Butler avenue and multiple deeds. Notable amounts include Lilian Hausman to Mechanics and Farmers Savings Bank for Freemont street at 5100 and James Scovill to Mary Gibbs at 1400. Several pairs involve Booth Sylvan Williston and other streets with varied sums.
MENTIONED IN THIS ARTICLE
Coggswell ~ Realty Company
Mary Wade
Butler Avenue
Mary J. Held
Helen M. Moffitt
Sylvan Avenue
Teckla Urbanowicz
John Kaminski
Booth Street
Sigmund Koehrer
George Belachika
Williston Street
Nicholas Kovac
Dominick Swertzynski
Seymour Street
William Chatios
Andrew Miko
Dover Street
Willam Chatios
Louis Micko
Lilian Hausman
Isadore Goldman
Freemont Street
Lillian Hausman
Mechanics and
Farmers’ Savings Bank
Free-mont Street
Fred Humphries
Zlate Miller
White Street
Vito Cotone
Leah Greenberg
Pequonnock Street
James Scovill
Mary Gibbs
Beechwood Avenue
Theesa Colangelo
John DelVecchio
Adam Street
Maria Squillanti
James Esner
Lexington Avenue
Marion Coggewell
New York Market Report for Butter Eggs and Produce
Butter bids firm as receipts total 14 209. Creamery prices rise with extras at 44 1 2 to 46 1 2 and firsts around 88 to 91 score. Potatoes steady with 37 car receipts. Long Island cobblers 3.00 to 3.25 per barrel. New Jersey 2.75 to 3.00. Cabbages dull on Long Island 75c to 1.00 per barrel. Eggs steady with 17 407 receipts. Fresh gathered firsts 29 to 80, seconds 26 to 28 1 2. Nearby hens and pullets values listed. Pacific coast whites 46 to 49 1 2 with firsts 41 to 46.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Long Island
New Jersey, Co
Hennery Browns
Pacific Coast
Money market update on call money and paper rates
The market shows steady call money at 3 1 2 with a closing bid also 3 1 2. Time loans remain mixed with 60 to 80 day paper at 3 3 4 and 4 to 6 month paper at 4 1 4. Prime mercantile paper quotes at 3 3 4 to 4.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Prime Mercantile
Cotton futures rise as markets close firm
Cotton futures closed firm with gains of 62 to 74 points. Spot middling prices held at 23.10. Treasury balance for the general fund reported at 874,523,921.18. Utilities firms expanded water holdings across Connecticut and New Jersey, while structural steel demand remains robust with major orders and contracts across Detroit Chicago and Buffalo projects.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Washington
The
U. S. Treasury
J Balance General Fund
American Bridge Company
Detroit
Chicago
Bethlehem Steel
New York Central
Buffalo
N. X
Stock Report Highlights Strong Crop Outlook in Northwest
Government mid-summer crop reports show overall improvement, with near normal conditions nationally. Grain regions in the Northwest and Northeast lead, while central western states including Timolis Indiana Iowa and Missouri face poorer corn prospects. Wheat barley rye cotton hay and potatoes remain favorable, and tobacco outlook is weak in several states.
MENTIONED IN THIS ARTICLE
Timolis
Indiana
Iowa
Missouri
Northwest
Liberty Bonds Stock Averages Rise in Mixed Market
The New York bond market opened active with heavy trading in several issues and improving prices. Higher grade issues showed demand aided by upcoming dividend payments, while French and government bonds moved to record highs amid refunding talks. Erie and other rail, mortgage, and utility issues followed the buoyant trend with notable gains in Treasury and Fourth Liberty bonds.
MENTIONED IN THIS ARTICLE
New York
Associated Press
France
Steameship
Paris
Lyons
Erie ' 45
Erie
Liberty
Treasury
Metals Market Notes Copper Tin Lead Zinc Antimony Prices
Copper steady at 18.25 for spot and futures. Tin firm with spot near 63.62 and nearby 63.76 for November. Tin, Tron steady. Lead steady at 6.60 spot. Zinc steady in East St. Louis at 6.25 to 6.30. Antimony spot at 11.62 to 11.87.
MENTIONED IN THIS ARTICLE
New York
Associated Press
East St. Louis
Rubber closes barely steady on New York market
Rubber prices closed barely steady with September at 33.00, December at 94.30, and March at 35.10 as reported from New York by the Associated Press.
MENTIONED IN THIS ARTICLE
New York
Associated Press
State Board of Finance and Control Meets in Hartford
Hartford Sept 1 The meeting of the entire state board of finance and control of the Capitol this morning was brief and routine handling transfers in several departments and other small items.
MENTIONED IN THIS ARTICLE
Hartford
Associated Press
State Board of Finance
Capitol
Betet
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Hodson
W. E. Willard & Co., Inc
West
Bridgeport
Firet National Bank
Barnum
Bend
Harland H. Allen
Bank and Insurance
Bankers Capital
American Exchange
Bank of America
Bank America
V.T.C
Bank of Manhattan Co
Ain
Bank of N
and Trust Co
Bank of United States
Bowers East River
Nat
Brooklyn
uatham-Phoenis Rot Co
Chemirak National Banke
Colonial Bank
Ayn Hinpke Trust
Smtty Equitente
Antia Life
Aetua
North America
Anu Casugliy
Westchester
Ran Surety
Rann
N.Y
Ion Par
Paul Aiul
Royal Baking Powder
N. Y
American Water Works and Electric Company
Noroton Water Company
Noroton
Darien
Glenbrook
Conn
Commonwealth Water and Light Company
Bernards Water Company
Bernardsville
Basking Ridge
N. J
Millington Water Company
Millington
Stirling Water Supply Company
Stirling
Suancartac
Gonerion
Camunroce Associares
Bosrox
New Haven
H OH. Gunpert J. Sturcee Jukirk R J, Randall Hoa McKitter
Daniel PyLe Eants Heesuaann Johm Keoch A. F, Connor C.F. Siemon
Bankers Capital Company of
Connecticut
First National Bank
Bekigepert, Conn
Waterbury
National Bank of Commerce Title Guarantee & Trust Seaboard
Garfield
Chat
Phenix Natl
Bk. & Trust Co
Bridgeport Telephone
Noble
North End Bank & Trust Co
Bridgeport, Conn
United Loan Corporation
Fairfield Ave
Cor
Water Room
Fidelity. Loan Corporation
John St