Market News From New York and Buenos Aires Rail Bonds Rise
The New York Federal Reserve ratio climbed to year’s high, boosting bond prices to multi year peaks. Investment funds chase high grade government and rail bonds while speculative issues diversify into mercer and receivership rolls, as sterling nears parity and twice weekly market reports note growing confidence and new bond offerings.
MENTIONED IN THIS ARTICLE
New York
New York Federal Reserve
United States
Sterling Exchange
United Kingdom
Tex
Ala
Morgan
J. P. Morgan and Company
Ivestiment Banksara
Sigtanen
Cable Dispatches
Argenting
Index prices and the dollar in postwar purchasing power
Professor Irving Visher of Vale walte nyly compares weekly baste commodity prices with the prewar dollar's purchasing power. He notes the cost of bantam commodities then and now and estimates the boiler’s worth at 190 tintin before the war. This week linchovesi prices 155.3 and purchasing power 44.
MENTIONED IN THIS ARTICLE
Irving Visher
Sronamien
Vale Waltenly
Inet
Nia Lintehovesi
Sterling Returns To Parity Drives Market Lift
New York May 24 Sterling’s return near parity boosts confidence across markets with rising stock and bond prices and favorable dividend news. Industry orders and expanding operations support a brighter business tone, while rail freight improves and steel firms predict demand rebound after a recent low point.
MENTIONED IN THIS ARTICLE
Far East
Connecticut Valley
Saffera
London
New York
Sterling
Mnien
Wilk
Steck Kees
Ren and Steel
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Grantheas
Herbert Frankenberger
Capitol Street
Charleston, W. V
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Jackson CO
Empire Tires
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Capitol
National Audit CO
Phone Capitol
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Charleston
W. Va
J. H. Vickers
Dupont
Vandalia
Albans
Lina
O. C. Butler Binder and Ruler
Ohio Avenue
Griffith & Griffith
W. V
South Side Foundry & Machine Works
Ston
Wooman C. & C. R
Kanawha Sportaman’s Club
Kanawha Audit Company
Davidson
Nelson Transfer and Storage CO
Washington Street
Chamberlin Lumber Company
Dunbar, W. Va
Federal Reserve
PormaArima
Kali LU
POINI
NEW York Central
Kar East
J.P. Morgan and Company
Blair and Company
Norway
Isaac
United
Orriva
AnUniony
China
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Nortbls
Tt Ig
Amer- A
P. M. MacCutcheon & Company Auditors and Accountanta
People’s
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Viston Pina Tsum
Metera Klaxon Horns
Hatteries
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Bartlett, Ince Funeral Directors Ambulance Service
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Hale Street
Charleston Machine and Welding Company
Tractors — Saw Mills
Saw Mill Supplies
Frick Company, Inc
Service Company
Capitol Office Supply Co
Manawha
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Smith & Brooks
Kanthary
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Court Street
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Virginia Street
Green Wharfage CO
West Virginia
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John W. Laird
Alderson Street
H. B. Agsten & Son
General Contractor
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Mer
Quarrier St. Tel
Cap
Harrigervice
Mali
Tony
Beausiful Kanawha
Newcome
Modern Homes
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R. L. Rice
Face Brick and Builders' Supplies
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Kanawha Street
Capitol Gas
Bowman Lumber Company
ST. Albans
E. c. Colcord
ST. Francis Hospital
Charleston, W. Va
C. O. Whitten Paint CO
Childr Peoples Bank
Eail
Morgan Lumber & Manufacturing Company
Charleston-Hanawha
Qualtti Servicr
Lewis Hubbard & Company
Anderson & Taylor Consulting Engineers
Charlesto
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Ey Fitch
DODGE
Donnally St
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Willard
Vigor
Service
LUM
GEO. Weimer & Sons
Weer
Pennsylvania
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Kelvinets Whitmore Electric Co
Radios
Quarrier Street
Capitol City Boiler and Machine Co., Inc
Watts Street
Kanawha Valley Pub
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Harry Barton
National Electric Company Electric and Machine
Lowell Street
Concrete Engineering Products CO
Kanawha Banking and Trust