Belgians Devaluation Seen as Turning Point in World Money
The Associated Press reports optimistic money experts see Belgium abandoning gold parity as a possible turning point in European currency policy. They foresee calmer world monetary tensions, corrections in major currency values, and a shift away from gold hoarding toward using gold as a basis for credit, signaling a constructive area in global finance.
MENTIONED IN THIS ARTICLE
Associated Press Financial
New York
Europe
Belgium
Germany
London
Montagu Norman
Bank of England
Benjamin Strong
New York Federal Reserve Bank
France
Secondary Rail Issues Aid New York Bond Market Recovery
New York AP report notes secondary railroad bonds halted a weeklong decline, with general gains in carrier loans and short covering lifting prices. Industrials inch higher while utilities lag. Polish government bonds show notable improvement. Transfers totaled $390,000 par value versus $5.5 million prior session.
MENTIONED IN THIS ARTICLE
New York
U.S
New Haven
Chicano & Northwestern
Baltimore & Obie
Chile Coppers
Lacwstis
Penn Dinte 6S
Hlinos Steel Das
Oan
Stock Exchange
Securities Edge Up in New York Trading Session
In New York on Saturday, securities edged higher as Wall Street closed a gusty month with modest gains. Cram's weekly automobile output rose to 103,286 units from 100,065, while the Interstate Commerce Commission denied a 10 percent rate increase for Class 1 rails but allowed emergency charges totaling about 85 million dollars for the year to June 30, 1936. Industrials gained fractions. prominent issues edged up or down, and U S Steel and several others held steady. Bond markets showed strength in foreign obligations, with domestic notes softer while wheat, corn, and cotton posted mixed moves.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Cram
Wall Street
Interstate Commerce Commission
U S
Shoe makers eye Easter demand boost amid mixed sales
New York reports sharpened shoe demand in the two weeks before Easter despite earlier weak year sales. Summer furniture promos in New England draw strong consumer response, while spring merchandise reorders surge in wholesale hardware. Shoe fashion guild plans full product lines to launch May 13. Metal hollow ware demand improves, prompting manufacturers to seek late spring orders.
MENTIONED IN THIS ARTICLE
New York
Weighted Price Indexes and Bond Prices From New York
The text presents weighted price indexes for New York and bond price indexes from Standard Statistics, listing daily, weekly and monthly values including March 1935 figures, averages and percentile references, with copyright noted to Standard Statistics Co.
MENTIONED IN THIS ARTICLE
Standard Statistics Con.pans
Investment Trusts 4 York Ins Investment Trusts NEY Ke Bid Asked Ru oe Ind
Investment column shows several listed trusts with bid and asked prices. Names such as York Ins Investment and related shares appear with values like 266, 1.8, and 3.0. Information includes yield or share details, dividends, and fund identifiers amid dense OCR text.
MENTIONED IN THIS ARTICLE
York
INS
Pereca
Sears
Shires
Ate
Siperp Corpoof
Bbs Fait
Pew
RF Y & Pew
Dust Storms Lift Grain Prices Amid Cold Spell
Severe dust storms from Texas to Nebraska boosted grain prices as traders worried about crop damage and harsh Kansas Nebraska freezing weather. Improved outlook for Canada’s surplus supported gains. May wheat closed high, corn and oats also rose despite limited selling pressure.
MENTIONED IN THIS ARTICLE
Chicago
Texas
Nebraska
Kansas
Canada
Grain market steadies as corn futures rise and wheat strengthens
The market profile notes improved demand for corn futures and overall grain strength. Provisions steady in response to buying, with traders citing continued demand for corn and wider grain market firmness.
Local Hog Market Steady for Second Day
Hog prices hold steady on the local market for a second day with no changes in any grade. The top price remains at 880 dollars.
Bridge Rules and Puzzle Notes in The Cedar Rapids Gazette
In this column a discussion on Bridge rules emphasizes penalties for revokes, proper play, and the danger of “family” bridge. It includes a detailed analysis of a no trump hand, a puzzle labeled No. 10, and commentary on declarer technique, defensive entries, and card play.
MENTIONED IN THIS ARTICLE
Trick South
North
Bridge questions sought by Josephine Culbertson
Mrs Culbertson will answer questions on bridge. Enclose a stamped self addressed envelope and address inquiries to Josephine Culbertson in care of The Cedar Rapids Gazette.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Securities Markets Show Better Trend
Securities markets finished the week with cautious optimism as credit reports showed improvements in electric power output and carloadings while steel consumption remained solid. Foreign influence and currency shifts clouded sentiment, with Belgium’s currency move seen as deflationary by many though some viewed it as a step toward gold bloc dissolution. Investors remain wary amid subdued foreign buying as March retail figures hint at softer chain store sales and Easter timing delays.
MENTIONED IN THIS ARTICLE
Thomas E. Flanagan
Associated Press
New York
Wall Street
Belgium
Iowa Public Utility Preferred Stocks Across Markets
Foreign exchange rates and bond listings appear from the Associated Press report. Irregular currency quotes show Great Britain 479 France 6.58 Italy 825 Belgium 1860 Germany 4010 Holland 67.46 Norway 2407 Sweden 2470 Denmark 2140 Finland 214 Switzerland 32.33 Spain 1366 Portugal 4421 Greece 9244 Poland 1885 Czechoslovakia 418 Jugoslavia 227 Austria 1880 Hungary 2980 Romania 101 Argentine 3225 Brazil 857 Tokio 2812 Shanehal 37.75 Hong Kong 4862 Mexico City c silver peso 2785 Montreal in New York 99.25 New York in Montreal 100.75. Bonds listings show Liberty 3 45s at $101.44 Libs erty First 4 4s at $101.16 Liberty Fourth bonds at $103.24 Treasury 4s 47-52 at $115.25 Treasury 4s 5 44-54 at $ UL4 Treasury diss 46-49 at $1049 Treasury 3s 51-55 at $103.14.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Finland
Switzerland
Spain
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Brazil
Tokio
Shanehal
Hongkong
Mexico City
Montreal
Liberty
Libserty
Treasury
Bonds Worth Billions Still Unredeemed Across U S
Washington report lists 109 million dollars in matured United States securities still out. Many date back to 1790 with Liberty bonds and war savings issues unpaid. About 40 million Fourth Liberty Loan bonds matured last Oct 15 remain unpresented, 17 million Liberties called for redemption last April 15 not redeemed, and 52 million older maturities span 145 years. Some bonds lost or destroyed, others only occasionally submitted. wartime sales pressures cited as cause.
MENTIONED IN THIS ARTICLE
Washington
Treasury
United States
Plan to use insurers in slum clearance and rebuilding
Maurice Deutsch proposes a U S plan to revive building and create jobs by financing slum clearance. He suggests paying landowners cash for land and issuing insured annuity certificates for buildings, with a Roosevelt advisory board and government guarantees to ensure insurance standards.
MENTIONED IN THIS ARTICLE
Maurice Deutsch
Maiden Lane
New York
Deutsch
U. S
Roosevelt
Denmark Alcohol Consumption in 1930 Compared to 1929
Citizens drank 474000 gallons of alcohol in 1930 versus 525000 gallons in 1929, reflecting a decline in beverage consumption. This change marks a shift in drinking patterns amid Prohibition era dynamics in Denmark.
MENTIONED IN THIS ARTICLE
Denmark
Cedar Rapids Miscellaneous Grain and Produce Prices
Grain prices list Wheat Rye Corn oats and related feeds with varied weights and prices. Wholesale fruits vegetables and select produce, including oranges navels lemons grapefruit potatoes bananas lettuce celery cabbage and onions. oysters and cured hides prices also shown.
MENTIONED IN THIS ARTICLE
Leghorn News
Icc
Springs
Hennery
Texas
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