Rock Island Financing Lifts Frisco Ties Amid Wall Street Shakeup
In a volatile session investors priced Rock Island higher after a banking house announced it bought 30 million dollars of St Louis and San Francisco bonds, signaling Frisco alignment. Opposing moves in Union Pacific and Southern Pacific earnings and broader market declines kept call money near 2 percent while gold shipments to Europe drew attention.
MENTIONED IN THIS ARTICLE
Rock Island
Union Pacific
Southern Pacific
Harriman Roads
St. Louis
San Francisco
Frisco
Roac
Walt
The
Stock Exchange
Harriman
Wall Street
Europe
Consolidated Exchange Snapshot of Mixed Stocks and Metals
Trading activity remains weak on the local Metal Exchange with nearly stagnant turnover noted. Copper and other metals show small price shifts in London and on the New York markets, while Pittsburgh closes feature varied, high and low bids across steel and coal issues.
MENTIONED IN THIS ARTICLE
London
Standard Foundry
Cleveland
Money on call and lending rates on the Stock Exchange
Money on call on the Stock Exchange was quoted at 2 2% per cent with most loans at 2 per cent. Time money ranged 24 2% for sixty days, 2% to 3% for ninety days, up to 3% to 3% for five to six months. Mercantile paper ranged from 3 3% for sixty to ninety days to 5% for others. Clears House balances were 211,176 and Sub Treasury debit balance 2,297,317. Local banks show a $5,145,000 loss since Friday versus $2,231,000 last week. Sterling firm at 4.8670 to 4.8675, Continental bills quoted with franc and guilders rates, exchange data for major cities and parities.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile Paper
Clears House
Ae Anges
Sterling Exchange
Exchange
New York
Boston
Chicago
St. Paul
St. Louis
New Orleans
San Francisco
Silver Quotations in London and New York
Bar silver in London quoted at 22d per ounce and in New York at 475%c. Mexican dollars priced at 45c.
MENTIONED IN THIS ARTICLE
London
New York
Trading in Chicago securities Narrowly Pierced by Mixed Quotes
Special to The New York Times reports a thin trading session in Chicago securities with Commonwealth Edison around 103 percent midday, American Can near 106 as previous close, and various issues showing fractional gains and losses. Diamond Match and Chicago Subway figures hint at modest shifts while several names like Swift & Co and Metropolitan Elevation appear with scattered prices.
MENTIONED IN THIS ARTICLE
New York Times
Chicago
Commonwealth Edison
Chicago Subway
Chi. Rys
Canal & Dock
Metropolitan Elev
Swift & Co
United Box ‘Board
New York City Bonds Summary of May 1957 Listings
Market notes show several New York City bond issues with yields around 4 to 5 percent, including May 1957 serials and November 1957 maturities. Prices range near 104 to 112 with various coupon types and registrations noted, reflecting typical municipal bond activity for that period.
MENTIONED IN THIS ARTICLE
J.P
Y City
Iowa
Ose
Kan City
Adame Express
Sacrede
Y Allis-Chi
New York City
Ieee
I’g
Aneet Fragment in Newspaper Text Fragment
A fragmentary OCR line appears with garbled characters and missing context. The readable bits show stray letters and punctuation without coherent names, places, dates, or events to identify.
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Own Brothers & Co
New York, Philadelphia & Boston
Amer
Borden’s Milk Co
By-Products Coke Corp
Central Foundry Pf
Pope Mfg. Co
Singer Mfg. Co
Pirty
E. W. Bliss Co
Ingersoll-Rand
International Silver
National Sugar
N. Y. Mutual Gas
Niles-Bement-Pond
St. Joe
Union Typewriter
Hallowell & Henry Tel
Broad
Teaver
City OF
Mount Vernon
A.b.leach&co
Broadway, New York
Congress St
Virginian Ry
Tidewater
N. Y
Mutual Gas
Thompson, Starrett, Pref
Borden’s
Bush Terminal
Hartford Carpet
American Meter
Federal Sugar
Central Ry
Havana Tobacco
Plaza Hotel Oper
Madison Square Garden
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Hanover
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Gumings & Marckwald
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Tugker
Anthony
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L. F.hepburn
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York
A. Read & Co
Pet
BOOS
Ficul
American Can
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American Cotton Ee
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Hide & Leath
Ice Securities
American Tel
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South
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Ec Grande
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Canadian ‘Pacific
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Haweeeee
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Kan
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Sesae
Mackay Cos. Deis Ia Sess
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Mercantile Marine Pf
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Lest
Kansas & Ge
Tex
Missouri Pacific
National Eee Co
S. Pf
Taal Dido
West
Western
Impany
Uy Tay
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Mexican Light and Power Co
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Ontario
Cnnsyl Pitts
Pullman R.R
I.n.oun
Railway Steel Spring
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Reading
Rep
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Rock Island Co
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Sloss-Shef
I. Co
Southern Railway
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Pan
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Ces
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A Light
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Tol
St. Te
Union Bag & Paper
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U. & Steel
U. 8
Steel
Utah Copper
Va.-Caro. Chemical
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NYG
H&p
NH & H
Eceseccese
Aseeceveer Eennergers
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Gary
St L
Iron Mt & So
Ches & Ogen
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Chi Alton
Mont
Paul, & D
L & SanFr RR
Scevevese St
Consolidated Exchange
Allis-Chalmers
Amal
Car & F
Balt, & Ohio
Brooklyn R
Can. Pacific
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Col. Southern
Lene Securities
le li
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Goldfield Con
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Metal Market Reports
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Crucible
D.seeee
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Ong
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Aos
Waulzy
Ewe Os
Rees
Eee
JTS_Leather
Eusaed
Westin
Am. W. Co
Ww. B. Ae
Larete
Enam
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Eran’ Bane
W. If
MI. L . Ba
Vest
U. R
Fed
St. P
D. R
V. U
L. Peis Ai
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Treateg
Ceipts Teac
Ainst
Jundiak
Rio No
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ASD
Sdav’s
Erie
DRS. da
Ser Aiftg
Weceee
Times
Lake
B. & Q. Joint
Atchison
Boston Elevated
Boston & Albany
Boston & Lowell
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Eeoces
Iil
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Pneumatic
Pneu. Pf Eeewese
Dom
Ga. Ry
Elec
N. E. Cat
Pullman Ee
Aecee
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Allouez We Aeseeeeese - Atlantic
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Butte Coalition Oeeee
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Elm River
Greene-Cananea
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la Salle
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Miami
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Newhouse
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Henry Glews
York. Exchange
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49 Exchange Plage
New York Broadway
Cor’ Ae Ron
Via & Ary F
Louisville, KY
Keller
NEW York City Bonds
N.W. Harris & CO
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William New York
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Royal Baking
J. L. McCormack
Wm. P. Benboes
BS & Co
Kew KE Banke Foreign
Credit Springs Pan Street
George St
Mansion House
Dominick & Dominick
Ero Bema United Bane Wixotp
Cartland Rome Ae and
Scrip
Toledo
Ozark & Cherokee
Seabird Air Line
Blake & Reeves Tal Teas
Poiter
Choate & Banker
Nassau ST
Slattery & CO
Prentice
New Yor
Trac
Simon Borg & CO
SECUR
George
G. Young & Con
N. Y. Stock
Cedar Street
Fulton Trust CO
Nassau Street
Guaranty T Trust Co
Lombard, ST
John
Nville
Washington Trust Company
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