Record Year for Foreign Financing and Capital Flotation
A review of 1923 shows foreign financing and new capital flotations reaching historic highs. Public offers of stocks and bonds totaled about 36.0 to 34.7 billion, with flotations aggregating nearly 400 million eclipsing prior records. Government issues stayed above par aided by discount bond activity, while railroad shares boosted market turnover and calendar gains.
MENTIONED IN THIS ARTICLE
Omar
Lemey
York Fed
Reading
Algo
Cartiers
Atere
Imcome
Financial markets and debt offerings dominate year in review
The year featured large bond and note issues by Argentina and U S borrowers, with the Baltimore and Ohio Railroad issuing over 108 million to meet 1925 maturities. Global demand was strong as most offerings were oversubscribed, including a 150 million Japanese reconstruction loan and a 100 million loan to France. Defaults rose in some industrial bonds while U S stock volumes neared record levels amid robust market activity.
MENTIONED IN THIS ARTICLE
Argentina
Baltimore & Ohio ‘Railrops
New Haven
Sv. Paul
United States
Germany
Stock Exchange
France
J. P. Morgan & Co
Mexico
Holland
Belgium
Sweden
Switzerland
Norway
Hungary
Peert
New York Stock Exchange
Wheat and grain prices retreat amid slow export demand Chicago
In Chicago on December 30 wheat prices fell after scattered selling and brief rallies. May wheat dropped to 1.74 1/2, July to 1.52 2, amid weak export demand and liberal southern hemisphere charters. Corn and oats weakened as receipts build and early gains faded, while provisions remained soft with grain and hog values sliding. The New York market showed erratic price movement today.
MENTIONED IN THIS ARTICLE
Chicago
United States
Felite
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Jay
Cae
GEE Stars
DANDY
Teen
Gee
Bor
Fritz CO
Tels Laer Hospital
Ohio Street
Lawrence, Ke
Mary Gicsema
Frank Hagenbuch
Round Corner Drug Store
Florence
Spathic Phys
P. Thomas
Ig Weber
Rence Dalé
Journal-World
Watkins Nation
Rence
Kansas
Fitrati
Lawrence Taldy Journal-World
Pee
Lone Star State Bank
Lone Stu
Nts
ly_Journal-World
Stockholde
Tly
Lawrence
Lawrence Pal
Lawrences
Southeast
Ae Journal-World
Ed Handie
Whusnel Opportunity
Sytiero Motors Co
Battle Creek
Mich
Hele
Anne
Hwomein, Phage
Lone Star
Worden
Haive
Journal- Werk
Keward
Mitho
Umd
Marge
Lawrence Stove Works
F. H. Bennett
Orary
Perating
EldHdge
Musical Bulletin
Victor Talking Machine Co
McCormick & Bori Weaf
New York
F. Herring
California
Sutter
Sacramento
Mansfield Investment Co
Blass, Jauwrence
Plotie
Soni Poark
Nichey
Reathar
MyPheeters
Mausheld Investment
Lawrence, Ks
Ena
Williama Investment Co
Owaee
Mansfield
Wileil
Pierge
Iptore
Lawrence Fier. & Vinegar Co
Pony Creek School House
Irs
Ab Ritzpatrick
A. D. McCullough
Ohio
Rhone
Jousehold Il Pans
Fe Fistence
Ithode Island
Dr Bratson
Aeles
Olfice Slanager
Salesdavenpore
Tibmary
Fox Light
McVitta
Dhone
Journal- World
Ecall
Will
Hunter Bros. Phony
Wtakning Ag Business
Francisco
Tor Sal
West Je
Tang’ Fe
F . de Stewart
Mass
T. P. Bermuth
W. H. Hallsiz
Inoue
North 6Th
Fred Williams
Lipiad
M. Quelen
Stanley
Hap Herringshaw
Bonth
J. E. Clevenner
R.colman
Thé University
jPstairs
Zenith Radio
Richard Radio & Battery.Co
Batt Eye
Glintin
Thy James
Stéele
Clintoin
Vhone
Furhisheg Vot
Ousekeepluix
Ae & Horas Co
W. G
Crear
Kansas City
Pontsiie
Daliasnal
Douglass Unty Building & Loan Association
Association
Massachusetts
Orelock
A. m
Asso
Damick
Blishe
Lawrence Dal Kholens
la Ae Bs
Idiheld
Geb
W. Eubne
Cashler
Laveréhce
Kanha
Mee
New Finance
RADIO
Willard
Willard A
Emma Inaea, Qettasy
Waste of
Sete
Frank
Banksite ‘Bank
RL Biom
Schulz
Binduaaith
ERS and
Dyers
York One
cLeaNaua’ Sity Atwansa —T
Foner
Ibis Aan
BON Ton Rug
MIPG
Nash Motors
Saks
Kandy
Idéks
Ansas City Livestock
U. S. Department, of Agriculture
SEFON
Kansaz City
Dee
Wileat
Dez
Daly
Chen
Des
U.S
Tonga
Jusil
Lawrence Business College
Jana's
Eaton's
Stuofery
Nankin’s Drug Store
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