Record Bull Market Lifts Rail and Industrial Averages
Stocks surged with rail and industrial groups hitting multi year highs as Wabash Katy and Western Pacific led gains. Traders noted strong freight traffic and rising earnings while bonds and foreign exchange steadied amid merger chatter and price cuts. Public offerings and debt negotiations influenced sentiment as Kroger hit a new high in Cincinnati trading.
MENTIONED IN THIS ARTICLE
New York
Coolidge
Belgium
United States
Wabash Common
New Haven Great Northern
Ann Arbor
Norfolk & Western
Kansas Y Southern
New York Central
Rock Island
Atlantic Coast Line
Colorado & Southern
Lackawanna
Louisville & Nashville
St. Louis Southwestern
Seaboard Air Line
S. S. Kresge
Gale
Mack Truck
White Motors
General Railway
Allis- Chalmers
Weston Electrical Instrument
Westinghouse Air Brake
American Smelting
Chigigo Pneumatic Tool
Fleischmann
Postum Cereal
International Nickel
International Business
Machine
International Harvester
Gulf West Indies
Kansas City Southern
Missouri, Kansas & Texas
Southwestern
Katy
Chesapeake & Ohio
Erie
Skelly
Pan-American
Sinclair
Virginia-Carolina Chemical
Kelly Springfield Tire
North American Cement Corporation
Helderbergement and
Security Cement and Lime Companies
Munich
Germany
Humble
Ohio
Prairie Oil and Gas
Prairie Pipe Line
Standard Oils
Indiana
Kentucky
Norwalk Tire and Rubber
Pathe
Eastman Kodak Company
Kelvinator
Closing Stocks On New York Exchange Widespread Activity
The Associated Press notes today’s NYSE totals show 1,467,700 shares traded with broad participation. Industrials averaged 127.71, railroads 107.08, while numerous issues such as Coca-Cola, Du Pont, General Motors and Union Oil posted varied last quotes amid a fluctuating market.
MENTIONED IN THIS ARTICLE
Associated Press
New York
New York Stock Exchange
New York Bond Transactions Report Today
The AP reports today's New York Bond Transactions with high low and closing prices on the New York Stock Exchange and total sales of bonds at 8.519 million dollars, compared with 3.854 million Saturday and 12.562 million a year ago. The piece lists averages for rails utilities and industrials and cites numerous domestic and foreign bonds with prices and yields.
MENTIONED IN THIS ARTICLE
Associated Press
New York
New York Stock Exchange
Great Northern orders rails and track fastenings
The Great Northern contracted 27,000 tons of rails split among Illinois Steel Bethlehem Steel and Inland Steel with about 27,000 tons of track fastenings, mainly for Chicago makers. The move comes as rail procurement slows and steel suppliers are directed toward heavy infrastructure orders.
MENTIONED IN THIS ARTICLE
Great Northern
Illinois Steel
Bethlehem Steel
Inland Steel
Chicago
Foreign exchange rates from New York World News Service
The report lists international rates for currencies and bills, including Sterling, francs, lire, marks, kronor, and more. It provides demand and cable figures for each country and region, with specific values in dollars and local terms.
MENTIONED IN THIS ARTICLE
New York World News Service
New
Italy
Belgium
Switzerland
Rothet
Holland
Germany
Austria
Greece
Weden
Norway
Denmark
gonin—Dennne
Portugal
Bengerent
Mecho-Slovakia
Poland
Pinland
Ruma
Jugo-Savila Bemand
Bulaarie Semend Az
Japan
Hongkong
Shanghai
Shangghai
Calcutta
Other de
Argentina
Brazil
Uruguay
Canada
Havana
Colombia
Venezuela
Dividends Declared by Major Firms in September Payments
Truscan Steel declares quarterly preferred at 0 percent payable September to stock record August 21. Calumet & Hecla Consolidated Copper 50 cents payable September 16 for August 31. Erie & Pittsburgh Railroad 87 1/4 cents payable September 20 for August 31. Standard Oil New Jersey 25 cents common and 1.75 preferred payable September 15 for August 27. Boston & Albany Railroad 2 dollars quarterly payable September 30 for August 31. Houston Electric 8 S A 3 dollars preferred payable September 15 for September 7. Union Oil quarterly 35 cents common payable September 30 for September 7.
MENTIONED IN THIS ARTICLE
Chile
Chrysler Motor
PN Eoe An Lidicers Negh Vansdatnelocbioasasnas
Coca-Cola
Coty Ene
Colorado Fuel & Irom
Colorado & Southern
Columbia Gas & el
Congoleum-Nairn
Consolidated Cigar
Consol
Continental Motors
Wileaee
Cushman’s Sons, Inc
Boone Wool Mills
Davison Chemical
Case
Delaware & Hudson
del., Lack. & Western
Detroit Edison
BOOTS
Duquesne Light
Durham Hosiery
Dabsadselpes
Eastman Kodak
Gk SA el Nes
Emerson Pranting
SB Seo Ee
Erie Railroad
Beibdssresacesseaes
Deethicsaptes Cane Exchange
Fairbanks Morse & Co
Famous Players-Lasky
Famous Players
Rtz
Svulvozs
AVIVA
Ludyqi
Federal
Cs Cctacsiteorncciees
Fleischmann Co
Foundation Co
Ssessss
Freeport
Texas
Gabriel Snubber
Hes General Asphalt
General Electric
General Motors
Gimbel Bros
Covet Cripeasesesen
Glidden Co
SS Thestate Ase Ees
Pocc
Acedlasah Goodrich, B. F
Goodyear T. & R
Granby Miming
Great Northern Pref
Great Western Sugar
Adams Express
Bae. Romy
Ajax Rubber
al. Chem
Allis-Chalmers
Amer. Agri. Chem
Bosch Mag
Ship & Commerce
Sumatra
Tel
Am. Water Works
Armour & Co
Ill
Asso
Associated Oil
Atchison, Top
S. F
Atchisonn
Eee
Coast Line
Atl
Gulf & W. I. Depres
Refining
Austin Nichols
Baldwin Locomotiv
Baltimore & Ohio
Bangor & Aroostock
Barndall Corp
Bayuk Cigars
Beechnut Pack
Belding Bros
Bethlehem Steel
Booth Fisheries
Briggs Mfg. Co
Brooklyn Edison
Brooklyn-Manhattan
Wasco Pres
Lake Brooklyn Union Gas Oo Brown Shoe
Cccccccee
Brunswick-Balke-Coll
Aes
Brunswick
Burns Bros. A
Butte & Sup
Buatterlekk
Essiesecs
Calif
Cal. Petroleum
Canadian Pacific
Central Leather
BPG
Pers Lescichisnc
Peage Resolastion
Central of Ny. J
Century Rib Mills
Cerro de Pasco
Chandler’ Motor
Chesapeake & Ohio
Chicago & Alton
Chicago Pneumatic Tool
Chicago
Childs Co
Gulf,Mobile & Northern
Bae In, Cid
Rave Eteiliasesctadd Hartman Corp
Havana
Hayes Wheel
Helme, G. W., Co
Sete
Tobi Houston Oil
Adson
Manhattan
Hudson Motors
Int. Cement
Missouri
Kansas
Missouri Pacific
BRS
ODEO
Ssonecine
MME TE YW Eskel Seth Bstiteniaersheetete Northern Pacific
Iay
Oppenheim Collins
Orpheum Circuit
Ccsseesocsseesereeee
Otis Elevator
Taighae CO Elderate Te Cenpatsntristviness
Eis Pee En Ceh Od
Owens Botttle
Cceseou
Paige-Detroit Motor
Pan-Am
Peneen TP
Ssceenistan
Aron Aehi
Petrte
Vane
Park & Tilford
Perick & Ford
Pennsylvania R. A
Penn
Seaboard Steel
Peoples Gas
Peoria
Eastern
A.seseree
Pere Marquette
Do Prior
Philadelphia Co
Phila. & Adg
Coal & Iron
Philip Morris & Co
Phillips Petroleum
Pierce-Arrow
Cosecsecstensesesees
THO Pege
Nsecessoriecso Necessese
Pierce Obssesso
Pierce Petroleum
Pitts. Util
Pitts
West Va
Postum
Doe
Cesesseeree
Pullman Co
Csssssssessssesseesvees
Cadearaisianid
Ray Con
Ger Co
BOFOU
Reid
Reis & Co., Robert
Republic Iron & St
Reynolds Spring
Kelly-Springfield
Kennecott Copper
Loew’s, Inc
Lorillard Co
Ludlum Steel
Mack Truck
Mackay Pref
Manhattan Elec
Marland Oil
Mathieson Alkali War May Dept. Stores
Mid-Continent Pet. Co
Middle States Oil
Midland Steel
Montgomery-Wardied
Cccccen Munsingwear
Ccccscccs Recreseseners Nat
Ctfs
Nat
Distillers
Cscccssessuses
New York
FOS Ee Lope Accesestetineschess Simms Petroleum
Sloss Shelf
St. & Iron
Southern Ry
Porto Rico
Do Pref
Standard Gas & Elecrtz
New Jersey
Stewart Warner Speed
Telautograph Corp
Texas & Pacific
Underwood
Ated Do
Sabcroo-Co-Rssercernesnseeenen Do
Eal Jordan Motors
Keystone Tire O
Magma
Mallinson & Co
Maracaibo
Market St. Ry
Martin Parry
Dur Bret
Metro-Goldwyn
Miami Copper
National Clk. & Suit
ET i Ia
Nevada
Copper
New York Air Brake
New York Central
New York Dock
New York, Ont
West
Niag
Falls Power
Falls Power Pref
Norfolk & Western
Taal North American
Russia Insurance Co
Royal Dutch, N. Y
St. Joseph Lead
St. Louis & San Fran
Savage Arm
Seaboard Air Line
Seagrave Corp
Shattuck & Arizona
Shattuck, F. G., Co
Shell Union Oil
Eee i Bigblate
Cots Gyorcccccsseteseseinscecs
PPI
CBS
Eccesius
Cano Aires
Oil of California
Standard Pirate Glass
Sterling Products
Studebaker
Texas Co
Texas Gulf Sulphur
Tidewater Oil New
Wes Es CE
Bertini Tras
Iscestinental Ord Ceeseenreeveeesee
Union Oil of Cal
Asinzetala Union Pacific
Svc
United Cigar Stores
Hag
United Drug
Univ. Pipe & Rad
Ccunen Be Brel
Comsseen Vanadium Corp
United ST States
Liberty
Treasury
Dhaka
Ideaux
Buenos Aires
City of Copenhagen
Greater Prague
Oslo
Rio de Janeiro
Rotterdam
Repub
Department of Sevie
Dutch East Indies
French Republic
Aindarvdn
Japan
Worrorau
Kingdom of Denmark
Slo
Kingdom of Weden
Paris-Lyons-Mediter
Republic of Bolivia
Republic of Chile
Republic of Finland
Republic of Haiti
Republic of Poland
Saxon Public Works
State of
San Paulo
U. K
Amer. Water Works & Elec
ECBO
Cartsashes Ince
Del
Trtiascistsp Cadarisks Acteesec
Bell Tel
Ist & Rfg
Brier Hill Steel
Buffalo, Roch, & Pitts
Central of Georgia
Central Pacific
East
Gtt Western
Térre Haute & S. E. Inc
Union Station
Ctis
Western Ind
Camper
Escconsiascice
Colorado & Southern Rig
Commonwealth Power
Coal of
Maryland
N. Y
Cuba
Cuba North
Dodge Bros
DuPont de Weiniens
Empire Gas & Fuel
Erie R. R. Ist
Calumet and Hecla Consolidated Copper Company
Truscan Steel Company
Calumet & Hecla Consolidated Copper Company
Revious
Erie & Pittsburgh Railroad Co
Standard Oil Company of New Jersey
Boston & Albany Railroad Company
Houston Electric Company
S. A
Shell Union Oil Company
Ohio firms and trustees record sales totalling millions
A compilation from Columbus lists multiple property deals totaling large sums. Buyers include Moonglow Cut Company of Lancaster and 130th Buckeye Company of Cleveland, with figures around 25 000 dollars and other substantial amounts. Names such as Milton J. Harris Florence J. Johnson and Warren T. Richards appear as principals or trustees in these transactions.
MENTIONED IN THIS ARTICLE
Columbus
Moonglow Cut Company
Lancaster
Daniel M. Shouting
R. M. Tomulos
Estelle M. Roberts
C. E. Bloom
130Th Buckeye Company
Cleveland
Johnnno
Milton J. Harris
Florence J.hnson
Schwartz
P. J. Shiz
M. Whitelaw
F Pilose Realty Company
Benjamin and Krieger
R. Ginsburg
D. H. Feder
R. Weish
H. Kniseley
St. Marys
David Armstro
Marcus Rosenthal
Carla Ike
Harold Neely
Charles W. Kocareee
Elsie Elouise Samuelson
Econ
Charles P . Taft, Jr
John ‘Ollister
Coccineati
Florida Realty Company
Cincinnati
Warren T. Richards
Albert J. Haas
James E. Ridgeway
Ijr
Alex H. Beam
H. E. Purnhagen
Crude Oil Runs in Oil City Report
Oil City reports crude oil activity with credit balance runs at 85 276 barrels and average runs 388 159 barrels. Shipments reach 116 720 barrels with an unspecified average, reflecting current production and movement in the oil market.
MENTIONED IN THIS ARTICLE
Oil City
Financial securities listings and market rates
Local securities show a wide range of bond notes and stock quotes from Baldwin American Rolling Mill Champion and Procter and Gamble among others with varied prices and percentages. Money market in New York steady call money at 4 percent with call loans against acceptances at 3.25 percent and time bills 4 to 4.5 percent. bar silver at 70.5 cents and Mexican dollars at 58 cents. London reports bar silver at 32 7-16d and short-term rates at 3.75 percent to 3.875 percent.
MENTIONED IN THIS ARTICLE
Baldwin
U. 8
Mach
American Rolling Mill
COW Dea
Champion
CC Ee Ne Ok
Cralsecoit Son
Cincinnati Union Stockyards
City Ice and Fuel Cooper “A
Dalton Addling
Dow Drug Company
Hatfield-Reliance
Johnson
Kodel Radio
Kroger Gro
Bak
Tgwr Iniad Inhatoersessserdcony
McLaren “A
Monitor Furnace
de Prethani
Paragon Refining
Procter & Gamble
Tman
Ichardson
New York
London
Minneapolis Flour Markets Report Aug 17
Minneapolis notes flour prices easing to 8.65 to 8.95 per barrel with 40,759 barrels on hand. Bran listed at 25. Wheat prices for No. Northern around 1.50 to 1.56 with other grades shown. No. 3 white and flax values cited with No. 1 flax at 2.55 to 2.58.
MENTIONED IN THIS ARTICLE
Minneapolis
Market summary rack shows varied closing prices
Chicago on August 17 reports Armour at 89 percent Fair 32 percent Libby McNeill 110 percent Silk 59 Swift Co 111 percent Swift International 25 United Carbide 685 United L and P 81 Gypsum 188 and Wahl 11 with Wrigley tie completing the day’s market notes
MENTIONED IN THIS ARTICLE
Chicago
Armour
Fair
Libby-McNeill- 7
Middle Ley Nee
Eal Silk
Swift & Co
Swift International
Nion Carbide
United L
Gypsum
Wahl
Wrigley
Chicago Butter Market Steady on Lower Grades
Chicago butter market ruled steady on lower grades and firm on top scores. Fresh 92 score offered at 414 cents, centralized 90 score at 413 cents.
MENTIONED IN THIS ARTICLE
Chicago
Mortgage Loan Dept Promotes Quick Real Estate Financing
The Mortgage Loan Department offers fast funds for central investment property, residences, duplexes and apartment buildings. Low rates, quick approval, and options for small annual payments on principal. Aimed at aiding investors to raise funds and close realty deals efficiently.
MENTIONED IN THIS ARTICLE
Mortgage Loan Department
Also Mentioned on This Page
Kroger
Bilier Radio
Reo Motors
International Utilities
Associated Gag and Electric
American Light and Traction
National Power and Light
Power Corporation of New York
Southeastern Power and Light
Cincinnati Stock Exchange
Kroger Common
Hatfield-Reliance Coal Company
Fief&chmann
Manila
Kobe
NEW York Exchange
AG Lesen
Ch'ge
Jaccasnese
Versevenes
Tan
Mitty
Enoneal
Western Pacific
Cred
Acadiovecasites
Woolworth, F. W., Co
Worthington P. & Ore
Wright Aeronautical
Yale & Towne
Yellow Cab Mfg
Youngstown Sheets& Tube
Ch’ge
Artly
Virginia-Carolina Chem
Perrrerney
Western Maryland
Annes
Florida West & North
Goodyear Tire
Hudson & Man
Inter & Gt
Inter. Merc. Marines, F
International Paper Cut
Kansas City
Lake Shore & M. S. Deb
Lehigh Valley Con
Liggett & Myers
Larkodeneoticn
Manhattan Railway
Market Street Railway
Mid-Continent Petroleum
Kan
Tex
New Pr
Roe
Ganec Intest
Ist
Dogen
National Acme
Eacokibici
New Eng
New Orleans
Mex
New York Central Rig
Imp
Chi
St. Louis
Sigs
Westchester
Boston
American Edisons
Memphis
Kansas City Power & Light
Kansas Gas & Electric
Kelly-Springfield Tire
Laclede Gas of
Louisville & Nash
Ist Rig
Louisville Gas & Electric
PRG
RNEE
Fiash
Midvale Steel
Milwaukee
el. Ry. & St. Ist
Montana Power
Montreal
Col. Morris & Co
New York Railways Corp. Inc
Ohio Tr
Northern Pacific
Oregon-Wash
Crem Cron Tno
Pacific Gas & Electric
Pacific Tel. & Tel
Pet. & Tr
Ccc
Pennsylvania Railroad
Peoria & Eastern Inc
Pere Marquette Rfg
Reteteerbcgeenes
Phila. & Reading C. & I
Sideeotasto Inc
Inminens
el. & Gas
Public Service Electric Power
Public Service of N. J
Republic Iron & Steel
St. L
I. Mi & So
San Fran
Pr. Lien
Sinclair Con
BNO Gey Fess Clit
Concen Aess
Sinclair Pipe Line
Skelly Oil
Aa U
Steel S. F. i
Utah Light & Traction
Utah Power & Light
Virginian Railway
Wabash Railroad
Western Electric
Westinghouse Electric
Willys-Overland
Wilson & Co. S. F
S. Do
Cee
Wisconsin Central
Youngstown Sheet & Tube
Financial Notes
Atlantic Refining Company
Standard Oil
Wall Street
L. F. Loree
Kansas Cit Southern
New Haven
Hartford
Auburn Automobile Company
Toledo
Local Securities
GEO. Eustis &Co
The
Fredx A.schmidt