Credit Developments Lift Bull Market Prices
Prices of favored stocks rose to new highs as credit developments spur buying. The day saw broad gains led by utilities and industrials with American Telephone and International Telephone pushing records in convertibles. The Dow rose about 2.74 percent, while bank loan conditions remained tight and time money fell to 7.5 percent.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Wall Street
Federal Reserve Board
Reserve Board
Dow, Jones
American Power and Light
Commonwealth Power
Consolidated Gas and Peoples
American Telephone and Telegraph
International Telephone and Telegraph
General Electric
Westinghouse
Bethlehem
United States Steel
Coppers
Anaconda
General Motors
Crysler
Timken
Trico
New York Bonds Market Report Includes Global Listings
Daily bond prices on the New York Stock Exchange show highs lows and closes for principal issues in foreign and domestic issues. Various bonds including Argentina Brazil Denmark France Greece Hungary and Ireland are listed with rates and maturities, reflecting a broad appetite for international debt.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Local Stock List Shows Gradual Rise On Trading Day
The local stock market continued its gradual rise with sales totaling 3,0082 shares and $5,000 in bonds for the day. Bonds cited include Wurlitzer debentures of 1936, sold at 97 percent with no quotations available.
MENTIONED IN THIS ARTICLE
L. A. Parrish
Markets at a Glance New York and Chicago Update
In New York stocks rise with People's Gas up 25 points and curb trades led by Electric Bond and Share up over 6. Telegraphs show bonds steady while foreign exchanges hold steady as French francs hit a 1929 peak. Cotton and sugar rise on poor weather and market firmer. coffee falls on Brazil offers. In Chicago wheat stays firm on bullish crop reports while corn remains firm. Illinois weather shows cattle steady and hogs higher on unfavorable conditions.
MENTIONED IN THIS ARTICLE
United Light and Power A
United Light and Railways
American Light and Traction
Detroit Edison Company
Commonwealth and Southern
New York
Exchange rates steady as markets close
The average rate hovered around fifty cents against the dollar while the French franc moved to a new high. Other leading currencies displayed little change in quiet foreign exchange trading activity.
MENTIONED IN THIS ARTICLE
Ton
Jon
Dominick & Dominick Admits Partners in Cincinnati Office
The Cincinnati Stock Exchange was notified that on July 1 Dominick and Dominick will admit as general partners the cashier William C. Beach the Treasurer Edward K. Davis and William J. Howard manager of the Cincinnati offices. Howard has led the Cincinnati offices for years and will become resident partner in Ohio with supervision over the Dayton office as Howard Converse remains manager.
MENTIONED IN THIS ARTICLE
Cincinnati Stock Exchange
Richard Leving
Dominick & Dominick
New York
Broadway
William C. Beach
Edward K. Davis
William J. Howard
Cincinnati
Howard
S. S. Stueve
Ohio
Dayton
Howard Converse
Stocks Ex-Dividend on Cincinnati Exchange
Stocks ex dividend on the Cincinnati Stock Exchange yesterday for payment around the opening of the month included American Rolling Mill common 50 cents cash Baldwin 37 4 cents C N & C Light and Traction 1 50 and preferred 1 12 4 percent and Eagle Picher 20 cents. Stocks to sell ex dividend Monday July 1 include Mead Pulp and Paper 1 American Rolling Mill 5 percent and Rapid Electrotype 6 percent.
MENTIONED IN THIS ARTICLE
Mead Pulp and Paper
Fleischmann
Amrad
Formica Insulation
Gibson Art
Senna
U.S
Aluminum Industries
American Rolling Mill
Baldwin ‘Preferred
Cincinnati Stock Exchange
American Rolling Mill Common
Baldwin
C., N. & C. Light and Traction
Preferred
Eagle- Picher
Rapid Electrotype
Evans Returns From Southern Bank Meetings
Charles N. Evans assistant cashier of Fifth Third Union Trust Company returned to his desk yesterday after a weeklong trip through the South to attend bank meetings and visit financial friends in North and South Carolina. He spent a day or two in North Carolina and attended meetings in Virginia, coming home via New York.
MENTIONED IN THIS ARTICLE
Charles N. Evans
Fifth Third Union Trust Company
South
North
South Carolina
N. C
Virginia
New York
Gardner Motor Car Company to vote on expansion plan
Stockholders will vote on August 3 to approve a $2,500,000 expansion financed by issuing 200,000 additional common shares at $14 each.
MENTIONED IN THIS ARTICLE
Gardner Motor Car Company
Rail firm seeks 39000 tons of rails and box express cars
The Norfolk & Western Railroad inquires for 39 000 tons of rails and plans to build ten box express cars at Roanoke shops. The General Tire and Rubber Company of Akron reports its best six months in history under President William O Neil, with export sales up 46 percent and domestic shipments up about 20 percent in the first half of the fiscal year ending May 31.
MENTIONED IN THIS ARTICLE
Norfolk & Western Railroad
Roanoke
General Tire and Rubber Company
Akron
William O'Neil
Weekly bond offerings rise to 85 million this week
New bond offerings for the week totaled 85 046 000 dollars, down from 136 851 000 the prior week and below 117 646 000 in the same week last year, reflecting a softer market pace.
Neisner proposes merger talks paused for September
A. H. Neisner, president of Neisner Bros. of Rochester, announced negotiations for a merger with several chain stores including Neisner and F. W. Grand have been temporarily abandoned. He said talks will resume in September upon his return from inspecting Neisner’s European stores.
MENTIONED IN THIS ARTICLE
A. H. Neisner
Neisner Bros
Rochester
N. Y
Neisner
F. & W. Grand
Treasury calls for second installments on certificates of indebtedness
The United States Treasury issues a July 1 call for 24,816,200 to be repaid by depositary institutions in the Second Federal Reserve District. The funds cover the remaining balance on certificates dated March 16. A July 2 call for 7,680,800, or 10 percent of the June 1a issue, is also issued for re payment.
MENTIONED IN THIS ARTICLE
United States Treasury
Federal Reserve District
Hocking Valley Railroad Revenues Fall May Figures Rise Five Months
F. D. Hodgson Comptroller released the report showing May 1ly2y revenues at 1 1457 230 a decrease of 159 403 from last year. For the five month period revenues reached 38 007 947 up 890 905 from the prior year, with Hodgson noting the changes.
MENTIONED IN THIS ARTICLE
Hocking Valley Railroad Company
F. D. Hodgson
Ohio Seamless Tube approves 40 percent capacity rise
The Ohio Seamless Tube Company of Shelby approves a plan to raise plant capacity by 40 percent due to stronger demand from automobile and aviation sectors. About $400000 will be spent on new buildings and extra equipment.
MENTIONED IN THIS ARTICLE
Ohio Seamless Tube Company
Shelby
Awards total for heavy construction ops week near $64.6 million
Awards on heavy construction operations nationwide in the past week totaled 64.555 million, down from 125.751 million a year earlier, according to The Engineering News-Record.
MENTIONED IN THIS ARTICLE
Engineering News-Record
Coal firm insures 35 million group fire policy
Consolidation Coal Company issues a 35 million dollar group fire insurance policy covering employees of the parent and its subsidiaries in West Virginia Maryland and Pennsylvania.
MENTIONED IN THIS ARTICLE
Consolidation Coal Company
West Virginia
Maryland
Pennsylvania
Indiana Pipe Line Co declares stock reduction dividends
Directors announce a $20 payment from the capital stock reduction account plus $3 extra and $1 regular dividends. Holders of $50 par shares receive three $10 par shares due August 15 for records July 26. Indiana Pipe Line, once a Standard Oil New Jersey subsidiary, reduced capital from $5,000,000 to $3,000,000. Weekly U S business failures list from R G Dun shows 425 this week, 427 last, 426 two weeks ago, vs 423 year ago.
MENTIONED IN THIS ARTICLE
Indiana Pipe Line Company
Indiana Pipe Line
Standard Oil Company of
New Jersey
United States
R. G. Dun & Co
Erie Railroad resumes preferred dividends after 27 years
Directors order full annual 4 per cent rate on both classes of preferred stock. Two semi-annual 2 per cent dividends declared, totaling $4 annual, with July 31 and December 31 payments to shareholders of record July 16 and December 16 respectively. The last dividend was paid in 1907 at $2 per share.
MENTIONED IN THIS ARTICLE
Erie Railroad
Cont’l Oil Stock Trades Canceled On NYSE Mix-Up
The New York Stock Exchange canceled all Continental Oil Company trades and postponed contract performance after a mix-up between Continental Oil of Delaware on the NYSE and Continental Oil Company of Maine on the NY Curb Exchange caused confusion among brokers and traders.
MENTIONED IN THIS ARTICLE
Continental Oil Company
New York Stock Exchange
Exchange
Continental Oil of Delaware
Continental Oil Company of Maine
New York Curb Exchange
Foreign exchange rates in New York June 28 1929
Daily list of international currencies with demand and cable rates. Notable figures include Sterling around 4.85, Belgium 13.89, France near 3.91, Germany about 23.83, Italy 5.23, Spain 14.15, Holland 40.13, Norway 26.63, Argentina pesos, Hongkong 48.00, Shanghai 57.87, Manila 49.62, Yokohama 43.70, Montreal funds 99.12.
MENTIONED IN THIS ARTICLE
Abraham & Straus
Adams
Agams Maine
Auvance Smumiey
Ahumaua
Air Way
Ajax
Alaska
Guneau
Eeee
Amerada
Agri Cnem
Hide & Leapt
Am International
France & F
Am Steel
Rts
Associated Oil
Atchison T & S
Atl Gulf & W
Auburn
Austin Nichols
Belding Heminway
Bendix
Bloomingdale Ze
Bohn
Ana Bon Amine Eeeeennesaeenees
Borden Pops
Renee
Burroughs
Byers Co
Callahan Zinc &Ld
Calumet & Ariz
Calumet & Hecla
Canadian Pacific
Caro Cl & Ohio
Cavanagh
Central Aguirre
Alton
Chicago Gt West
P& P
Hi & Nor West
Chickney Tool
Chick Isl & Pac
Chrysler
Cluett Peabody
Coline & Aikman
Col G & el Rts
Columbas & el
Columbia Graph
Columbarbdon
Congress
Crosley Radio Sreeerer
Curtis
Cushman’s
Uller Mmet
Cuyamel Reen Cathood Davison Chemical
Panton Oneeeenee
Delaware Hud
Ck & West
Detroit
Devoe & Ray Veene
Duque
Sone Eastman Odak One
Srenenee Senee Hs Eaton Ax
Eitingen Schil Seetee
Elee Auto Lite
Ip Dees Ween Enenene Po Re
Endicott-Johnston
Eisseeskuss
Eureka Vac Clean
Evans Auto Load
Buff Weeewenees
Fairbanks Morse
Fashion Para Feder Ll & Tr
Fidel Phe Fire Ins
Motor Ween Renews
First Nat Stores
Filene’s Sons
Fisk Rubber Eec Teerew
Fleischmann Een
Gardner Motor
Gen Gas & el
Genaeel
Mills Ween
Saf
Cope
Goodyr Tire
Gotham
Graham Paige
Granby Gon Mining
Granite City Steel
Steeeeneeee Teen
Great North Rypf
Great West
Aris
Gulf States Steel
Hahn Dept Stores
Hayes
Hershey
Hollander
Houdaille Hershey
Howe Sound
Illinois Central
Ind Oil & Gas
Indian Refining
Loctis Ooo
Ingersoll Rand
Inspiration
Ist Interboro
Rap Tran
Rys
Cen Am
Cebemendunsa
Islam Creek Coal
Johns-Manville
Goliasis Jones & Lau
Jordan Motor Car
Kan City South Ry
Kaufmann Dept
Kennecott Copper
Kimberly Clark
Kinney
Kolster
Adio Sooner
Kresge
Atl Ig
Kress
Eenennee
Kreuger &_ Toll
Kroger Grocery i
Setnkel A
Laclede Gas Pr
Lago Oil & Tran
Eeenee Warthserecees Wi
Lambert
Is Et Lee Rubber & ‘Tire
Lehigh’ Valley
Eeee Dee Eateaneenes
Ligg & Myers
Feces
Lima Locomotive
Loft Inc
Petred Deel
Bell Lumber A
Macy
Madison Sq Garden
Magma Copper
Mandel Bros
Manhattan
Marmon Motor CT
Mathieson
Eereseeeeneneeeeneres
McCrory St
McIntyre
McKeesport
Ps & R
Miami Copper
Michan Steel
Minn
Mullins
Erieeal
Nat Enam & Stam
Sealalso
Nevada
Ewton Snevereereee
Ee York
New York & Har
Norfolk & Western
Nor Gerics
North Cen Ryereeereree
North Pe Seapets
Omnibus
Geeeset
Orpheum
Otis Elevatoria
Walt
Pacific
Pac Tel & Tel
Packard Motor
Pan-Am_ Petroleum
Park & Tilford
Li Penick & Ford
Enn Dixie Cem
Penn Railroad
Peoples Gas Chicago
Pere Marquette
Phelps
Phil Coal&Iron
Philip Orris
Phillips Petrol
Pierce
Arrow A
Pierce Petroleum
Vie Pittsby
Prairie Oil & Gas
Sty Corp
Tau Radio
Keith Orph
Gre
Railway
Ex New
Remington Rand
Iron & & Steel
Reynolds
Royal Baking
Joseph
Savage Arms
Schulte
Sears Cebuck
Sti&Ir Nider
O Pr Packing
South Cal Edison
Southern Dairies
Southern Pacific
Esi
San Figrento Rico Sug I
Southern Railway
Spencer Kellogg
Spi
Mts
Spiegel
May Stern
Elec
Eeveeaee
Symington
Tex & Oil
Tees
Oor
de Actis Pere Eee Enon Rene
U S
Guy
U S Realty
Coreeneee
Sul US Smelt & Ref
US Steel
Ceee
Via Univ
Univ Pipe & H
Uni Po
Viabaee
Alcinis Ce
Vanadium Corpick Chemical
Walworth
Rin Pete Lo
Arner
Bos ‘Aes
Arner Pictures
Teves
Einteieliss MD Pol
Fuy & Pipe
Wesson Oir & Snow
Maryland
Western Pacific
West Penn
Liberty
Sereeneenene i
Treasury
Alegheny Corpus
Alis-Chalmers
Arm .& I
Do Cot
Beth Steel Con
Bost & Maine
Bot Cos
Bkiyn-Man Trans
Cal Pet
Eriteemad
Central Pacific
Chic & E Itt
Chic Gt Western
CMS P & Pacis
Accessniiel
Ital
Ch & NW
BE Ae
Dorf
Chi & Ind
Chile Copper
Colon Oil
Columbia G & E
Com! Inver
Do West
Dodge Bros
Paralee
Erie Rf & Imp
Florida East
Goodrich
Aeeeenee i Tay
T & R Ds
Aeeeeweneeen
Hudson
Hud & Man Rig
Do Adj Inc
Hum Oil & R
Illinois Bell Tel
Illinois Cent
Inter Rap Trans
Ls&ms&s Myers
Liggett
Loew's Inc
McCrory
Midvale St
Milery&l Ist
M & St L Ist
M K.& Texadj
Mo Pacific
NYC & Sisl
NY Edison Rig
Nor Am
Nor Pac
Nor St. Pow
Otis Steel
Pac Gas & el
T&t
bandAn P&t
Penn R R Js
Bg Do
Dogen
Phila Co
Phila el
Postal
Seaboard
Shell P
Shell UN
Seeeenes
Sinclair C Oil Col
Forte
Sinclair P
My South Pac
Bell Tel
U S Rubber
U_ S Steel sf
Utah Po & Lt
Utis Po & Lt
Virginia Ry
Western Electric
West Md
West Pac Ist
West Union
Wilson & Uo Ist
Yngston & T
New York World News Service
New York
Austria
Belgium
Czecho-Slovakia
Denmark
Finland
France
Germany
Greece
Holland
Hungary
Italy
Jugo
Poland
Portugal
Rumania
Spain
Sweden
Wee Ee
Batavia
Calcutta
Hongkong
Singapore
Shanghai
Manila
Yokohama
Buenos Aires
Rio de Janeiro
Montevideo
Valparaiso
Montreal
Standard Oil Stocks Race Through Volatile Markets
A brief stock table shows Standard Oil and peers like Anglo American Humble and Illinois Pipe with varied prices and dividend-like percentages. Listed rail and transit stocks appear alongside oil majors, reflecting a turbulent session with mixed gains and losses.
You Benefit o 95 Next to Tax Free in Ohio Stock
A brief note highlights a tax free option in Ohio stock offerings with a $95 figure linked to the benefit. The item reads as a promotional snippet describing tax advantages and potential gains. No broader context is provided in the fragment.
Also Mentioned on This Page
and Mead Pulp and Paper
Laurence Stern
Colon
Panama
Reichsmarks
Straits Settlements
American Telephone
International Telephone
Curb
NEW York Stock Transactions
Ag Po
Payd
Wwe
Wrigley Je
Yell Tre & Coach
Young
Yogtwa Sh & Tube
Ann
Igh
Ie Ee
Westvaco Chicrine
Wheel Ll
Erie
White Eagle Oil
Ta, Wilcox Oil & Gas
Willys
Wilson
Seerenreeeeees
Woolworth
Worth Pump & M
Wright
NEW York Bonds
Argos Sig
Berlin City
Bolivia
Aces
Bordeaux
Brazil
Ciy
Budapest
Mies
Bo‘garia
Los’ Anne "Ecosse
Copenhagen
Costa Rica
Candina Marca
Deutsche Ek
Fiat
Do 7S Arora Spaaiete
Eereeeeewes
Adil
Nseder. Steel
Ccc.s
Irish Free St
Chicago Stock Exchange
Japan
Kreuger& Toll
Os Milan City
New Seu
Wales
Nordaysf
NorGer Lloyd
Norway
Eee
Owen Ewereneres
OrienDev Ltd
Lyons-Med
Peru
Nee Rees
Rioer Do
Aeneaeeeeneen
Tokyo
el Lt
Uruguay
Tageeeene
Cleveland
Otis & Co
Ask
Allen
Apex
Elec Mfg
Bessemer L & C
Buckeye Incubator
Shicaadabell al
Greif Bros
India Tire & Rubber
Iteaear
Ohio Mig
Tereeeweer
Myers & Bros En
Es Refining Eeresneree
National Tile Ree
Lemur
Seetiine
Ohio Bell Tel
Ohio Brass Bee
Rawers
Ohio Seamless
Patterson-Sargent See
Reliance Mfg
Richman Bros
River Raisin Paper
Seiberling Rubber
Merrie
Tex
BN BI IE Vichaic and
Stearns
Ogg Ppp
Sosa Roes
Erst Beewee Union Metals Mfg
Wood Chemical
Last Bile Eek Cos
Allied Products
Eicgucas
Art Metal Works Settee Eeeeeesernee
Atlas Stores
ROOT
Eeters Wee, Eee
Bastian-Blessing
Hook Csesenss Neecacsons
Commonwealth Edison
Stettens Eeweene
Footer & Machine
Great Lakes
Eeneeeeewen
Grigsby-Grunow
Uni Ueers Eeeeeerrerener
Gypsum
Utilty
Winton Engine
Zenith Radio
The
Associated Press
Chicago
Illinois
Financial Notes
Standard Oil Stocks
W. E. Hutton & Co
Salay Suse Clonal
Anglo-American
Psiwree
Ccschcescesnicke
Continental
Illinois Pipe
National Transit
New York Transit
Praire
South Penn
Cal
Ind
Kan
N J
Aeronautical
Weatheimer & Co
Walnut Street
Eeeetee
American Eagle
Gessna Aircraft
Heywood Starter
Kenner Aircraft
Lincoln Aircraft
Sky Specia
Eeneses
Stearman Aircraft
Swallow Airplane
Whittelsey Mfg
Investment Security
Procter and Gamble
rwin-Ballmann Eaers