Wall Street Eyes Federal Policy To Ease Money Tightness
Prominent Washington figures urge the Federal Reserve Banks to ease money costs. Bond prices hover around 88 cents, while several top quality noncallable preferred stocks decline sharply under tight money, suggesting potential rebounds if rates drop. The piece analyzes specific stocks including United States Steel Rubber National Biscuit and International Harvest.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Banks
Uncle Sam
Federal Reserve Bank of New York
America
Federal Reserve System
New York
United States Steel Corp
United States
National Biscuit
International Warvestor
U. S. Steel
U.S
Financelal America
Nigerian Premier Awolowo Watches Old Film in London
London dispatch reports Western Nigeria prime minister Awolowo seen in London, admits watching only one film, Gone With The Wind, and calling it still very good though he didn’t realize it was old. Also notes U.S. Steel preferred stock at 5 percent yield and potential price rise.
MENTIONED IN THIS ARTICLE
London
Obafemi Awolowo
Western
Nigeria
Market irregularity seen ahead in stock and oil sectors
Wall Street anticipates further market irregularities as government bond financing looms. Brunswick-Balke-Collender weighs dividend actions amid low prices and higher costs. Oils weaken on large inventories, drilling slows. Mississippi Shipping explores offers amid price hurdles. National Cylinder Gas sales and profits may rise. Foster Wheeler and Westinghouse- CBS merger chatter noted. Bethlehem Steel backlog up about $100 million to 1.439 billion with shipbuilding share.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Cone Mills
Brunswick-Balke-Collender
Thomas & McKinnon
Mississippi Shipping
Mississippi
National Cylinder Gas
Fr. duPont
W. R. Grace
Foster-Wheeler
Westinghouse Electric-Columbia Broadcasting
L. O. Hooper
W. E. Hutton
Bethlehem Steel
Also Mentioned on This Page
By Harry C
France
U.S. Steel
Harry C. France
J. P. Stevens
Charleston Gazette
Regisceps Division
Radiant Manufacturing Corporation
Hoffman Machinery Corporation
South
Michigan Avenue
Chicago
Illinois
Federal Savings and Loan Insurance Corporation
Federal Savings and Loan Corporation
Kanawha
Ohio River
W. Va
Building and Loan Association
Anyens Build
Association & Loan
Ravenswood
West Virginia
Robert K. Park
Robbins Hell
East Bank
R. L. Elswick
1St Ave
Glasgow
COHEN
Paul Dudley White
Eisenhower
Boston
Lester
Guthrie & Beane Music CO
Quarrier & Dickinson
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!