Pennsylvan ia bond sale weighs on Wall Street mood
The piece notes the Pennsylvania bond sale as a key market factor with bullish and bearish views. It cites analyst sentiment, broker activity, and the notion that rail financing via bonds may steadier prices. It also mentions steel stocks, labor optimism in Pittsburgh mills, and the cautious tone of investors amid mixed advisories.
MENTIONED IN THIS ARTICLE
Pennsylvania
European Stocks Show Mixed Moves on April Trading
In London on April 22 money was in good demand while discounts were quiet. Stock Exchange activity was limited with new issues dragging down gilt-edged securities and consuls slipping before recovering late. Grand Trunk and Mexican rail shares fell under bear pressure amid weak traffic. copper shares firm as foreign equities eased without Continental support. In Paris the Bourse tone was dull and heavy. Berlin prices were stronger early then weakened after New York and London reports. Bar silver stood at 25.16 pence per ounce. Money rates around 2 to 2 1/2 percent.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Grand Trunk
New York
Foreign Public Securities Quotation Roundup
Yesterday's quotations for European state and municipal securities list bids and asks. German conso ls and government bonds from Bavarian Hessian and other states appear with varied prices and sale notes. French rente and British consol figures also shown along with city and regional issues like Cologne and Hamburg.
MENTIONED IN THIS ARTICLE
Consol Sils
J. Os Ceeeeeenge
Saul Teeenoas
Consol
Oebtie Ee
Ceeeus
Wcdee
Cope Teen
Rente
Ove Canamee
Hambure
Rim
Cologne
Saag
Peewee Ccteemas
Legen
Uesouré
Jase Hk
Frankfort-on-Main
Mexain
Saxony
Pidmardi SA
Foundry Iron Prices and Policies Examine Shifting Stances
The Iron Age reports unrest among iron and steel producers over price policy as meetings reaffirm prices with difficulty. Foundry iron firms resist ruinous warfare, outsiders take less work, while finished goods demand remains steady and pig iron markets weaken. New England machine tool makers see improving conditions.
MENTIONED IN THIS ARTICLE
Steel Corporation
Naar
Iron Trade Review
Cleveland
Valley
New England
Gold shipments up five million as Paris demand rises
The outward gold movement increased by $5,000,000 yesterday, with engagements announced by Lazard Fréres, National City Bank, Heidelbach Ickelheimer & Co., and Goldman Sachs Co. The total engaged for shipment to Paris since April 15 has reached $7,500,000. Yesterday's engagements caused a 25 point drop in exchange rates from Tuesday. Demand sterling closed at 48 725. One $500,000 engagement by the National Bank of Commerce was canceled.
MENTIONED IN THIS ARTICLE
Baltimore
Iginia
Brown —Brothers
Seaboard
Fst Ag
Bhikyar Aig . O
Fla. & W
Seab
Roanoke
Anacostia & Pot
uTks
Ancomes
Brush
North
Con
Gas
International. Trust
Mary, Nat. Bank
Lazard Fréres
National City Bank
Heidelbach
Ickelheimer & Co
Goldman, Sachs& Co
Paris
National Bank of Commerce
Treasury figures show large national banknote redemptions
Washington reports national banknote redemptions totaling 1 million 635 thousand 671 dollars. Government receipts from internal revenue amount to 704 thousand 178 dollars and customs 524 thousand 570 dollars with miscellaneous 58 thousand and 22 dollars expenditures of 2 million 420 thousand dollars. Gold coin reserve stands at 150.9 million and trust funds to redeem outstanding certificates exceed 346 million in gold and 1.81 billion in total reserves. Deposits in National Bank and Philippine Treasury are listed with awaiting reimbursement and current assets.
MENTIONED IN THIS ARTICLE
Washington
General Fund
Ieee
Philippine
Tiecet
Copper and metals close unchanged in London market
Copper metal prices in the London market held steady from Tuesday with spot at £58 and futures £55 10s. Other metals showed minor shifts, pig tin at £143 1s 8d and lead at £13 7s 6d, spelter £21 5s, and iron warrants flat. Ridgely denies links to Durango iron project in Mexico after resigning as Comptroller.
MENTIONED IN THIS ARTICLE
Londgh
Standard Foundry
Middlesboro
New York Metal.Exchange
Lake
Tvcors
Trusteeship ends as Newell joins Horton firm
W W F Newell, partner at Watson & Co, files final financial report and ends his trusteeship to join H L Horton & Co at 66 Broadway. An Alabama Consolidated Coal and Iron stockholders meeting in Jersey City authorizes 5 million dollars of first mortgage bonds for immediate property improvements. A stock exchange pamphlet from Sig H Rosenblatt & Co explains the new weekly bank statement and NY Clearing House workings.
MENTIONED IN THIS ARTICLE
W.W. F. Newell, Sassience
Watson &Co
H. L. Horton & Co
Broadway
Alabama, Consolidated Coal and Iron Company
Jersey City
New York
Stock Exchange
Sig H. Rosenblatt & Co
National City Bank
TIMES
Union Pacific Railroad Company
Salt Lake City
Utah
Leavenworth, Kansas and Western Railway Company
Eard
Topeka and Northwestern Railroad Company
Alex. Millar
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