Narrow Stock Movements Amid Dull Trading in New York
Special Dispatch reports a lack of major market moves as stocks stayed near prior prices. Bank reserves maxed out, labor peace in Manchester boosts foreign demand for cotton, and investors await the U S Steel quarterly report. Northern Pacific shows strength but most issues hold late-previous levels. Firms advise cautious buying on dips as money loosens and confidence improves.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York
Manchester
England
Imperial Bank of Germany
United States Steel Corporation
Financial
Harriman
Washington
Northern Pacific
United States
J. E. Jones & Co
Ticker Talk Berlin bank rate cut and rail notes deal
Berlin bank rate reduced from six percent and Harvey Fisk & Sons lead a syndicate to place fifteen million dollars of notes for the Hudson and Manhattan Railroad. American Locomotive plans to idle small plants. Steel improves modestly. banks gain on currency flow. Canadian Pacific gains for January week. July 1 increase noted.
MENTIONED IN THIS ARTICLE
Harvey Fisk & Sons
Syndiate
Hudson & Manhattan Railroad Company
Brokers View Bank Surplus Prompts Stock Upturn
Bank statement shows a surplus reserve of 37 million dollars, over 14 million more than a year ago, signaling liquidity ready to move into securities. Analysts expect quicker investment, supporting a late recovery and covering panic selling.
London Money Market Recovers On Bank Rate Cut
The weekly Stock Exchange focus on reduced Bank of England and Bank of France rates driving a broad rise in first-class securities. Consols gain 15-16 to 85½ as market steadies amid new issues and railway cost pressures. American trading remains weak with worries over U S trade and dividends.
MENTIONED IN THIS ARTICLE
London
Bank of England
Bank of France
Stock Exchange
United States
New York
Imperial Bank of Germany
Berlin
America
Trading Remains 2000 All Week in New York Exchange
Cincinnati clearings reach 3,983,750 with New York exchange at par. Loans 5 to 7 percent. discounts 6 to 6.5 percent. Week shows steady gains in Cincinnati stocks led by Cincinnati Gas and Electric and Suburban Telephone. Money rates ease from 6.7 to 5.6 percent as municipal issue demand rises. Government bond quotations listed with New York market prices.
MENTIONED IN THIS ARTICLE
Cincinnati
New York Exchange
Dispatch
Commercial Tribune
ST. Louis
Suburban
Cincinnati Gas
D Electric
Cincinnati Street Railway
Columbus Gas and Fuel
Procter & Gamble Common
Toledo Railways and Light
Gas
Telephone
Stock Exchange
Gas and Electric
Southern Ohio Tractions
Ga&s and Electric
New York
Ask
Liveseedaeae
Panama
Philippines
Cincinnati Clearing House
Ceeses
Paris
London
Glasgow
Belfast
Sterling
Voce Ces Ee
Cavsss Vet Escige
New York Bond Sales Report and Market Notes 1957
A dense OCRed listing shows New York bond sales and security prices with numerous entries for government and municipal bonds, railroad issues, and corporate stocks. It includes figures for cent. Japanese bonds, Mexican and Texarkana issues, utilities, railroads, banks, and various trust and real estate securities, with percentages and nominal values interwoven.
Securities market quote with bonds and preferences listed
A dense stock page lists various bonds and preferred shares with their prices and percentages. Entries include Dayton and M., Ky. Cent. 4s, Atlantic L. & N. 4s, Am Type 42 ds, Fay & Eg. com., Bullock pref., Do pref. 130, Ind. St. Ry. 97, Shillite Co. 125 130, and other securities with brief quotes.
MENTIONED IN THIS ARTICLE
Niet Glass Atch
Atch. Co. Atch
W. E. Mutton & Co
First National Bank
Y. City
Can Ave
Rol & P
Con
Gasco
Déb
Mex
Cent. Ist Inc
Ieace Eeapee
Erie Pr. c
Cent
2A Inc
Rio G. W
Aueak
So. Ry
Gen
Saas
Tex. & Pac
H. RK
UN. Pac
N.Y NH
Wabash Pitts
N. Y
Ont
N. & W. Cony
West
Pac
Pias Vas
Western Union
W.j
Wis
R. Mill
Globe Soap
Jergen
Globe-Wer
Bar, & Smith
Ham. Ma
Wee' Lake Hin
Hous. Stan
Hueb
Carey-H. Pr
Kroger
C. Dtti
Ge & E
Ph. Carey Pr
W Cin
S. Fel
Ph&fm Roots
Proce & Gam
Tobacco
Columbia Gas
Rob’n Realty
Col. G. & FL
Steptoe-Sh
Cuyanoga
Ts. Iee
Ham &Ze
W. Sowell Pr
Wurlitzer
Fileisch
de Pref.i
Ger
Citizens
Snee
Western
Eeecs
Cincinnati Bonds
Consol S. F
J S
Res. A. Q
F. A
M. Ne
Southern Ry
M. N
Water Works
Southern Ry. Ter
J. D
Hamilton Coizabethtown Bridge
Maview
Scsasese
Benson Street Bridge
Big Miami Bridge
Covington
F. Ng
Jindustrial Bonds
Bar, & S
Aioan
Ham
Fay
al Col
Cove Creid
Bullock
Fay&Eg. Com
Do Pr.a.&b
Ind. St. Ry
Shillite Co
Ui. S, Lith
Iles T.w.pr
Dry goods market steadies amid small lot sales in New York
The New York dry goods market shows gradual improvement with buyers purchasing in small lots that accumulate well after widespread revisions. Linens carry a rebate provision for fall orders if abroad prices drop, burlaps stay quiet due to carload resales, and 200ds cotton remains fairly steady.
MENTIONED IN THIS ARTICLE
New York
Bosworth Leaves for Washington on official business
Assistant United States Treasurer C A Bosworth departs for Washington D C for official business and will remain in the capital for nearly a week. Local reports note hotel owners bankers and railroads aiming to raise twenty thousand dollars to help lure conventions to Cincinnati.
MENTIONED IN THIS ARTICLE
United States
C. A. Bosworth
Washington, D. C
E. N. Roth
Linton Hotel
Cincinnati
Hamilton County Agricultural Society to seek funds for fairground rebuild
A committee of the Hamilton County Agricultural Society was named to petition the Legislature for funds to rebuild the Hamilton County Fair Grounds in Carthage. Elected officers include H Lee Early as president and William Settle as vice president. The fair is set for the week beginning August 11. Secretary Sampson will attend the Mad River and Miami Valley circuit meeting on February 3 to certify dates.
MENTIONED IN THIS ARTICLE
Hamilton County Agricultural Society
Hamilton County
Carthage
H. Lee Early
William Settle
M. Y. Cooper
C. H. Ansted
D. D. Sampson
D. L. Sampson
William Hartke
George BE. Pfau
Independent nominees push broadside for Advertisers' Club directors
J M Gidding J L Megrue M E Remelin L H Martin and Paul Poindexter, independent candidates, publish a joint platform pledging business administration, pay as you go, fullest publicity, and shared advertising knowledge. Election at the Grand Hotel next Tuesday promises a lively contest with a Rallying Committee in readiness. Board of Elections led by Kreidler Culbertson Finch issues instructions and Australian ballot booths will operate in the coffee room.
MENTIONED IN THIS ARTICLE
J. M. Gidding
J. L. Megrue
M. BE. Remelin
L. H. Martin
Paul Poindexter
Grand Hotel
Board of Elections
W. E. Kreilder
C. A. Culbertson
W. L. Finch
New York Port Trade Figures For Week Ended January 18
Imports of merchandise and dry goods at the port of New York for the week ending January 18 valued at 10,100,169 dollars. Imports of specie at the port for the week ending today totaled 142,077 silver and 396,916 gold. Exports of specie from the port for the week ending today were 821,646 silver and 22,500 gold.
MENTIONED IN THIS ARTICLE
New York
Port of
New Orleans Cotton Prices Seen in Seed Oil Market
New Orleans reports January 25 notes show cotton seed oil traded with Prime 40c. readings. Market indications point to steady demand and pricing momentum amid regional activity.
MENTIONED IN THIS ARTICLE
New Orleans
Ease in Money Follows Panic With Easy Rates Across Markets
Henry Clews reports that after a stock panic the world faces looser money and lower rates. Bank of England and Bank of France cut rates, U S money supply expands by about 275 million with gold imports and Treasury deposits rising. Stocks look attractive as earnings falter yet cheap money supports demand. outlook remains choppy with no clear direction.
Early Resumption Expected In Industrial Trade
The piece notes anticipated revival after a period of idleness and business curtailment as industrial conditions settle. It argues stock markets will not show immediate gains due to lingering uncertainty, while monetary improvements from the panic should offset negatives. Abroad, easier money markets spur investment in government and railroad securities, with American issues gaining appeal.
New York Banks Show Cash Boom and Higher Reserves
The Financier reports for the week ending January 25 New York banks added 23.67 million in specie and legal tenders, lifting total cash gains over two weeks to about 50 million and pushing surplus reserves to 37.06 million. Loans rose 8.89 million while deposits jumped 36.98 million as government deposits fell 2.42 million.
MENTIONED IN THIS ARTICLE
New York
Coffee Futures Open Steady in New York Trade
The New York coffee market opened steady with a 5 point one month decline and closed not unchanged to 4 points higher as foreign markets influenced activity. European selling contrasted with local buying interest and several contracts traded with March at 6.10 cents, May 6.20, September 6.45, and December 6.55 cents. Rio No 7 6% and Santos futures noted.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
Europe
New York Central
Rock Island
Delaware & Hudson
Missouri Pacific
New York City
Rio No
Santos
Cordova
Imperial Bank of Germany Weekly Statement Highlights Changes
The weekly report from Berlin shows cash on hand up 67,830,000 marks and treasury notes rising 980,000 marks. Other securities fell 4,620,000 marks while notes in circulation decreased 100,140,000 marks.
MENTIONED IN THIS ARTICLE
Berlin
Imperial Bank of Germany
Treasury
Heirs of Christopher Wormen to Meet at Schulter Hall
A meeting of the Christopher Wormen heirs is planned at Schulter Hall Anderson Ferry, Ohio, on Thursday morning January 30 at 10 o'clock.
MENTIONED IN THIS ARTICLE
Christopher Wormen
Schulter Hall
Anderson Ferry
Thursde
Cloth Market Slumps Amid Weak Demand Across Regions
In Manchester the cloth market cooled last week as manufacturers suffer losses. Offers from the East fell below acceptance levels with minimal sales to China. Home buyers bought for immediate use, Mediterranean and South American markets stagnant. Yarns saw small sales while American imports held but lower grades faced shrinking demand.
MENTIONED IN THIS ARTICLE
Manchester
China
Also Mentioned on This Page
Columbus Gas
Columbus Gas & Fuel Co
Claude Ashbrook
Walnut Street
Wall Street
Charles E. Bultman Company
George Eustis
Erie
Great
Pennsylvania
Southern Pacies
St. Paul
Union Pacific
Wabash
Car & Fdy
American Smelter
Republic Steel
Eye
S. Steel
Ticker
H. M. Beazell
Page & Hill
Reading
Roberts, Hall & Criss
W. E. Hutton & Co
London Stock Market
Chicago
Railroai
Ask. Mie
Ask. Cin
N.C
T.P
Col. & Xenia
Ee Littl
Miami
Cis
Ohio Traction
Eae
Votag Ie
Scioto Valley
Railro
H. E D
C.R
F.w.js
Nat
Industr
Union
Do Gold
Ss. Nor. É. Ists
Nor. En & T
Jom
Southern Bis
ITOL
Germ
Dayton & M
Securities
Clearing House Committee
E.h.mumford
Philadelphia
Associated Foundry
Palace Hotel
Union Gas and Electric Company
Fourth and
Plum
Society of Equity
Lexington
Fifth National Bank
Burnet House
Claude E. Ford
Fred Bader
Hamilton County League of Building Associations
G. Cc. Joelink
G. Holz
F. H. Vorjohan
Jacob Dorst
H. F. Cellarius
H. S. Rosenthal
F. H. Ballman
Fred Otten
W. H. Luebbert
H. Brockman
J H. Sand
William O’keefe
Ernst Dittes
Exchange Committee
Aug. Brueggemann
Transportation Club
R. W. Hockaday
New York Stock Exchange
American Tobacco
Borden's
British Columbia Copper
Butte Coalition
Chicago Subway
Colonial Silver
Dominion Copper
Gol Hill Wee
Gree
Hevana Tobacco
Old Hundred
Otis Elevator
Teres Tonopah
Tg United Copper
Feep
Aeone Ewer
Ewes
Sree
Daly
North Butte
Daxis Y Sete
Aeveseasrsenee
Henry Clews
Bank of Germany
Politics
Daily Market
John W. Ballmann
Vine Street
Carew
Phone Private Exchange
Lorain
Ohio
Rudolph Kleybolte & Co
First National Bank Building
The
Thompson- Brown Co
J. M. Crawford
Wm. Christie Herron
J. M. Bileir
A. Winans
L. Ballinger
Sam M. Fisher
American National Bank
E. Fourth St
Kuhn & Sons
East Third Street
Associated Banks Statement
Phoenix Grain, Ano Stock Exchange
E. Fourth St. Cincinnati, O
City OF
Cleveland, CO
Weil, Roth & Co
East Fourth ST
Cincinnati, Hamilton & Dayton Railway Company
Sak Company
Carew Building
Fifth
Vine Streets
United States Mortgage and Trust Company
Central Trust Company of
and. T
Thomas J. Lsh
Re! Telephone Company
Lney Elstun