Recession Impacts Stocks and Bonds in New York Trading
Heavy institutional bond buying gave a firm tone to the day’s dealings despite a marked stock price recession. Mexican bonds were active on debt agreement hopes with funds for first interest payments on deposit. Utilities gained with rail and telephone issues rising. convertible stocks hit new highs amid ongoing reorganizations. Liquidity remained mixed as reports of a large debt issue oversubscription circulated and Ontario planned a new loan early next month.
MENTIONED IN THIS ARTICLE
New York
Market Street Railwew
Lae Vlede Gag
Duquesne Light
Southern Bell Telephone
Wilson
Dstillery Securities
Invincible
Colorado Industrial
Baltimore and Ohio
St. Paul Generals
Kansagaw Southern
Maclines
Colorado
Southern
Texas
Pacific First
New Haven
Liberty
Chicago
Cudehy Packing Company
Ontario
Avanet
Gompenys United Railway
Stee
Tron Products Company
Gehen
Coun & Cor
New York Butter and Cheese Markets Rally
New York market notes butter firmer with creamery extras at 2.40 to 2.30 per pound and higher quotes for various grades. Cheese market shows strength with whole milk specials and higher prices for fancy white and brown varieties, while eggs rise on nearby white fancy and firsts.
MENTIONED IN THIS ARTICLE
New York
Tronger
Metal Market New York Copper Prices Steady
METAL MARKET NEW YORK SEPTEMBER 21 Copper dull with spot and futures at 14. ae firm. Tron steady. Lead steady at 6.10 to 6.25. Fine firm at East St Louis spot and nearby delivery at .30. Antimony spot 6.75 to 7.00.
MENTIONED IN THIS ARTICLE
New York
East St Louis
Moriarty Helps Fordham Football Coaching Staff
New York reports ex Fordham star Som Moriarty will assist coach Gargan at Fordham Field. Moriarty, a former George town grid star, will join for the holy season and help for the next fortnight as Gargan seeks other coaching help.
MENTIONED IN THIS ARTICLE
New York
Gargan
Har Morianis
Washington UN
Glenn Warner
Local Credit Men Dinner Promotes Connecticut Expansion
Local Credit Men Towne Odell state secretary will host a September 26 dinner in Bridgeport to announce Connecticut chapter growth and a New Haven central office. Odell will discuss membership and organization while New Haven bureau plans and data sharing with branches are outlined amid remarks from national and local credit leaders.
MENTIONED IN THIS ARTICLE
Bridgeport Vraud
Credit
Eben
Luewdar
Yale du
Elaven
Gene
Connecticut
New Raven
Odell
Eddregs
Xavis
New Haves
Owa
Oclation
New Haven
WW. Grr
New York
National Association
Coopera Viom
W. B. Coleman
Bridgeports
R. G. Dun Co
Braved
Alate
Local Produce Prices and Market Conditions Reported
Market conditions show steady tone with few price changes. Indiana onions remain cheaper locally. Long Island and New Jersey potatoes sell at lower prices. Bartlett pears up 40 cents per bushel due to scarcity. Peaches receipts decline. grapes firm. native eggs short. butter and live cattle prices higher on top grades.
MENTIONED IN THIS ARTICLE
the State Board
Hanientears
Indiana
Long Island
New Jersey
New York
Bartlett
Nawlsid
Miles
Doar
Jersey City Urges Morris Canal Acquisition
The Jersey City commission urged the state Morris Canal commission to acquire the Morris Canal from the Lehigh Valley Railroad and to build a speedway on its bed for motor trucks. The report condemns the canal as obsolete, unhealthy, and an obstacle to the city’s plan for the Sheswater South project.
MENTIONED IN THIS ARTICLE
Jersey City
Morris Canal
Lehigh Valles Railroad
Morris Canal Commission
Bear Traders Extend Raid On Weak Spots
New York market reports show bear traders pressing weak spots in equities. Heavy selling pushed rail shares and oil issues lower as speculation waned and large holders liquidated positions. Copper and other commodities fluctuated amid broader downturn and currency shifts.
MENTIONED IN THIS ARTICLE
New York
U.S Aus
American International Corporation
A.neross
Farm Prices Rise Across Ten Major Products
Washington reports the Department of Agriculture finds that ten principal farm products show notable price increases above the prewar 1910s levels, with wheat cattle cotton dairy and other staples up one to two percent. Declines are shown for some items while overall farm price levels remain volatile as farmers respond to demand.
MENTIONED IN THIS ARTICLE
Ralph
Couch
Washington
Department of Agriculture
United
Srites
Ing
Agricultute Department
Grain market outlook shifts as wheat prices slip and fears rise
Market observers note unsettled prices for wheat with May and September futures showing divergence as demand falters and export activity weakens. Traders monitor European shipments and UK Turkish tensions near the Dardanelles, while short-covering and seller reluctance keep spot prices volatile.
MENTIONED IN THIS ARTICLE
Vincagl
Eeemler
Zorn
Jasp
Europe
Buenee
Shorts
Anct Nly Uniff
Marbet Aga Whelp
Marks Unable To Pay His Filing Fee In Court
Morris Morks along with local merchants faced a filing fee hurdle yesterday as 17 creditors pursue Marrow against him. The report notes unsecured debts and stock listings at a dry goods store on State Street, with $60 as a referenced sum and ongoing asset concerns.
MENTIONED IN THIS ARTICLE
Marks
Morris Morks
State Street
Reichsbank Raises Rates in Berlin to Eight Percent
The Reichsbank in Berlin raised its rate from seven percent to eight percent during the day. This move marks a modest tightening of monetary policy as authorities seek to curb inflation and stabilize the currency amid volatile markets.
MENTIONED IN THIS ARTICLE
Berlin
Ie Reichsbank Naday
Cotton Liberty Bonds Market Quiet in New York
Spot cotton in New York traded quietly with middling classes at 21.09. Prices opened higher and closed lower with slight fluctuations.
MENTIONED IN THIS ARTICLE
York
Catton
Lew
Money rates in New York settle amid varied calls
Money at New York on Sept 22 shows a firming tone with call money at 4 1/8 and a 41/2 range on commercial paper, while time loans hold firmer and loan rates hover around 6. Acceptance rates for J cans appear at 4.
MENTIONED IN THIS ARTICLE
New York
CURB MARKET NEWS AND INDUSTRIALS UPDATE
In New York the curb market shows mixed action with Standard Oil and Vacuum Oil leading activity while Southern Petroleum and Refining gains pace. Pro Radio hits near record highs on strong volume as Magma Copper drops from its prior top. Mercer and Pennsylvania Railroad move modestly, with tax fades shaping early and late session trades.
MENTIONED IN THIS ARTICLE
New York
Atreywih
M Nolia
Merz
Indiana
Benny Bill
Ndard
Gary
Pennsyylvania
Magma
Aig
Mercer
Also Mentioned on This Page
Pacific
I& F
Chile
Convo
Goodrich
Samy
Hiya Steel
An Abyss
Tg Davine
T & Re
Lima
Lo Wen
Air Bussoon
Stach
Teele
Stedebaler
Sobie
US Steel
S Steel
West Pac Fe
Jon Waite
Mab
Willy
Wilsoz Co
Demai
Paris
Antwerp
Penna
Lra
Cronn
Stockholm
Switzerland
Spain
Metal Market
Barnum
Equitable Industrial Loan Society, Inc
Fairfields Ave
E. B. Merritt& CO
Main St. Barnam
Tom Moriarty
Fordham
Beneficial Loan Society
Liberty Building
Main St
Bridgeport Chamber of Commerce
Local Credit Men
Towne Odell
U. S
Preferred
Rock Island
Reading
Urian Pacific
Norfolk
Western
Atchison
Chesapeake and Ohio
New York Central
Great Northern
Penn
Weatey
Standard Oil
TesPork
Olgrer
Agriculture Department
Rneichsbanit
Ats
Pec
Cudahy Packing Company
Dne
South Omaha
Kansas City
Sioux City
Wichita
Salt Lake City
Los Angeles
United States
Hincks Bros. & CO
New York Stock Exchange
Main Street
Bridgeport, Conn
the City National Bank
Main St. Cor. Bank St
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