Stiff Money Lifts Bonds as Foreign Issues Edge Higher
Stiffening money rates pressured bond prices with early firming giving way to offerings as funds shift for month end. Liberty bonds led declines while Mexican government issues and Brazilian and Belgian bonds posted new 1924 highs. Rail stocks slid late as rates rose. Frisco, Seaboard, Katy, Northern Pacific, and Pere Marquette showed mixed moves amid profit taking and renewed interest in Paris Lyon Mediterranean debt. A $9000000 loan issue for the Paris Lyons Mediterranean railroad is slated for bankers tomorrow with 7.75 percent yield.
MENTIONED IN THIS ARTICLE
New York
Liberty
Brazil Central Railway
Rairoad Mens
Frisco
Seaboard
Katy
Northern Pacific
Pere Marquette
Brooklyn
Tranes
French Republic
Paris-Lyons-Mediterranean Railroad Company
Rank Pari Passu
Grain Chicago Market Sees Widespread Price Shifts
Grain Chicago reports widespread price changes across corn oats and wheat with wheat closing firmly up and corn and oats down amid bullish export demand frost forecasts and rising hog prices. The day featured active profit taking and a sharp corn break while wheat futures showed strong upward momentum on supply concerns and European demand.
MENTIONED IN THIS ARTICLE
Chicago
Ray
Ninen Chat Farope
Farm Income Dominates West and South Business
The chart shows farm income’s share of total state business income, highlighting western and southern states where agricultural buying power is strongest. Notable figures include North Dakota 51.77 percent and Mississippi 48.61 percent, with Montana at 2.81 percent, suggesting varied per capita income and industrial influence. The data imply future income shifts from farm product prices and advise targeted business approaches.
MENTIONED IN THIS ARTICLE
Standard Statistics Company
North Dakota
South Dakota
Nebraska
Iowa
Kansas
Idaho
South Carolina
Mississippi
Arkansas
North Carolina
Oklahoma
Georgia
Texas
Montana
Bilton Directors In Session Today Stock Rearranged
Bilton Machine Tool company ratified a stock restructuring reducing preferred shares and increasing common stock with no par value. The reorganization follows a recent city tax suit attachment described as a mistake and later withdrawn. Directors plan further details in today’s meeting.
MENTIONED IN THIS ARTICLE
Bilton
Bilton Machine Tool Company
Clarence B. Bilton
B. W. Beck
E Bilton
N. M. Marsilius
William J Grippin
Dutro Plumb
F. Rhodes
William B. Boardman
Curb Market Reacts to Mixed Oil and Utility Moves
In New York Sept 29 reactionary trends dominated a lighter curb market. Oil shares mostly eased with Stan dard Oil of Nebraska down 12 and Magnolia Petroleum off five on small turnover. Ohio Oil Prairie and Indiana Pipe closed modestly higher. Consolidated Gas of Baltimore hit a new high, while National Tea fell about eight points.
MENTIONED IN THIS ARTICLE
New York
Standard Oil
Nebraska
Magnolia Petroleum
Httle
Ohio
Prairie
Indiana
Middle West
Commonwealth Power
Consolidated Gas Ofltimore
National Tea
Gillette Safety Razor
Radin Corporation
Hawthorne
West End
Liberty Bonds Closing Prices Reported in New York
United States government bonds closed in New York with Liberty 1st 4s at 34 45, Liberty 2d 4 1 3, Liberty 2d 1, Liberty 44s, and Liberty 1b around 1 05 81, Treasury Safe notes noted.
MENTIONED IN THIS ARTICLE
New York
United States
Alberty
Liberty
Treasury
Foreign exchange rates in New York early trade
Foreign exchanges ease in New York with quotes in cents for major currencies. Britain 445 and 445 1-4 on cables. France 5.22 1-2 and 5.23 cables. Germany 23 7-8 per trillion. Japan Tokyo 40 1-8. Argentina 36.00. Brazil 10.54. Norway 14 20. Sweden 26 59. Denmark 17.35. Switzerland 19 08. Poland 19 1-4. Czecho-Slovakia 2.99. Jugoslavia 1.39 8-4. Austria .0014 1-8. Romania .62. Spain 13.36. Montreal 100.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Jaly
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Sloviakia
Jugoslavia
Austria
Roumania
Argentina
Brazil
Tokio
Montreal
A&w
Tel & T
Cause
Can Pacific
Leeth
Ohio
Cn & Alt Pt
A & Ip
Chile
Rts
Aig
Dupont “ Tran
Erie
Pietschmann
Goodrich
Granby
Invincible
Aim Roa Kayser
Kelly Sp T
Anne Kennecot Ty Ably
Lee Tire
ason K_& T
Phila. Co
P&re
Philip Mor
Bron Phillips
Pierce
Remington
Simms Pet
BMG Southn Pac
St Gas & EB
Studebaker
Union
ECIP
Utah
Wilys
Willys
Realty Records show varied deeds across streets and churches
Warranty deeds record William H Fox transferring realty on Fox street to Hulda and Helmar Norell for 1000 dollars. John J Jordan transfers Thomp son street property to St Patrick’s R C church Corp for 7500 pounds. Quit claim deeds include Edith L Nichols to Stanley Glowacki on Stillman street and Helen M Davis to St John’s RC church Corp and to St John’s FR C church Corp on Jane street. Mortgages include Dante and Anthony Rich to G R B and Christina DelVecchio on Ohio avenue for 1500 dollars and Mary Adzima to Verona Bopson on Helen street for 1000 dollars. Haida and Helmur Norell to William H Fox on Fox Street for 550 dollars. Charles and Augusta Christiansen to Henrietta Swift on Gordon street for 500 dollars. Antonio Gallucci to Grazia Gallucci on Lexington avenue for 500 dollars.
MENTIONED IN THIS ARTICLE
William H Fox
Hulda
Helmar Norell
Fox Street
John J. Jordan
St. Patrick's R. C. Church Corp
Thompson Street
Edith L Nichols
Stanley Glowacki Realty
Stillman Street
Helen M. Davis
St. John's RC Church Corp
Jane Street
Helen M Davis
St. John's FR. C. Church Corp
Dante
Anthony Rich
G. RB
Christina DelVecchio
Ohio Avenue
Mary Adzima
Verona Bopson
Helen Street
Haida
Helmur Norell
Wiliam H. Fox
Charles
Augusta Christiansen
Henrietta Swift
Gordon Street
Antonio Gallucci
Grazia Gallucci
Lexington Avenue
Veteran Cotton Broker Henry Hents Dies at 89 in New Jersey
Henry Hents, longtime figure in the U S cotton trade and last surviving charter member of the New York Cotton Exchange, died at his Madigan New Jersey home in his 90th year. He led the exchange as president from 1874 to 1876, founded H Hentz & Company, and helped organize the NYCE in 1870. He also sailed on the Jefferson Davis, the Confederate navy’s first warship. He leaves two sons and two daughters.
MENTIONED IN THIS ARTICLE
New York
Henry Hents
New York Cotton Exchange
Madigan
N. J
America
Mentz
Cotton Exchange
Liverpool Cotton Association
Jefferson Davis
Activity in Rail Shares Causing Price to React
New York stocks showed a reactionary day with active railroad share buying and a general market downturn. The call money rate rose to 3 percent while many traders were absent for the Jewish holiday, and oil and utility issues led the declines as fragile sentiment persisted.
MENTIONED IN THIS ARTICLE
New York
U. S
Cap
Anaconda
Baldwin, Dupont
Wennecott Copper
U Ss
American Water Works Common
General Electric
General Baking
American Tobacco B
Nash Motor
Cosden
Atlantic Refining
Barnsdale
Houston
Mexican
Chicago and Alton
Chicago
Great Western
Pearland Hastern
Atlantic Coast Line
Prisco
Consolidated Gas
Baltimore
B and M Withdraws Gas Cars From Ashburnham Branch
The Boston and Maine railroad today withdrew the gasoline car from its Ashburnham branch and began operating a motor bus over the same schedule for passengers. Freight service will continue by rail.
MENTIONED IN THIS ARTICLE
Boston
Boston and Maine Railroad
Ashburnham
Money New York Sept 29 call money and loans
Call money firmer with high 3 and closing bid 3. Time loans steady to firm. Rates shown: ruling 2, last loan 3, call loans against acceptances 1 3 4, collateral 60 90 days 2 1 2 at 3 4, 4 6 months 3 1 4, prime commercial paper at 4 1 4.
MENTIONED IN THIS ARTICLE
New York
Treasury Balance Report September 26 Total
United States Treasury balance as of September 26 stands at 414 million 320 thousand 884 dollars.
MENTIONED IN THIS ARTICLE
Washington
United States Treasury
Also Mentioned on This Page
Frisco Ptd
Morris Plan Bank
Main Street
Mutual
State Bank
Commissioner Mutual Finance Investment Co
City Savings Bank Bldg
Cacbridee Associates
Woodside Avenue
North Main Street
Bethany Chapel
Woodmont Avenue
L. Blackman & Son Real Estate Auctioneers
Gridgeport
Conn
Fairfield Avenue
Barnum
Public Service of
New Jersey
Geneva
U. & Treasury
Equitable Industrial Loan Society, Inc
Fairfield Ave
Licensed & Bonded
Wade
Hawley Ava
Guaranty & Trust Co
Conservative Mort. Ae Investments
Bridgeport
Stratford
Fairfield
Ky Corp
Anete
Eguty
Post and Telegram
Paris-Lyons- Mediterranean Railroad Company
Compagnie Des Chemins de Fer de
Paris
Lyon Et
A la Méditerranée
Bankers Trust Company
King Fund
M. Stéphane Dervillé
Paris-Lyons-Mediterranean
Lyons
Marseilles
French Riviera
New York Stock Exchange
Theran
Goldman, Sachs & Co
Pine Street
N.Y
Halsey, Stuart & CO
Lehman Brothers
the Union Trust Company OF Pittsburgh
Abo
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