Local Money Rates Firmer as Markets Close Firm
Closing prices of active securities show firmer money rates and mixed gains. Foreign exchange quotes hold steady with sterling and franc lines, while domestic exchanges and bank clearings reflect continued liquidity and cautious gains amid varied term rates.
Stock market closes with gains amid bullish hints on trust policy
Stocks rose for most of yesterday with active volume as traders bet on a business like trust policy. BR T advanced on buying tied to Gould interests while St Paul and Rock Island issues rose. railroad earnings show gains, but car shortages persist and higher rate schedules loom.
MENTIONED IN THIS ARTICLE
Brooklyn Rapid Transit
Gould
Manhattan
Interborough
Brooklyn Rapid Transit Company
Brooklyn
St. Paul
New York Central
Rockefeller
Rock Island
Lackawanna
Metropolitan Street Railway
Louisville and
Nashville
Western Points
Railroad Bonds Market Strong With Heaviest Trade in 4s
Market strength reflected in par value sales of 2 053.50, up from Saturday. Major activity concentrated in Atchison general 4s, Baltimore and Ohio lien 34s, CBQ 4s, Rock Island 4s, Detroit and Mackinac Land Grant 34s, Green Bay Western debentures 8s, Mexican Central first incomes, Norfolk and Western 4s, Oregon Short Line 4s, Reading general 4s, Union Pacific convertible 4s, Wabash debenture 8s, Wisconsin Central general 4s, and Consolidated Tobacco 4s.
MENTIONED IN THIS ARTICLE
Atchison General
Baltimore
Ohio
Chicago
Burlington and Quincy
Rock Island and Pacific
Detroit
Money Market Report Shows Firmer Call Money
Call money held at 5 percent with a high of 5 percent and a low of 4 percent, closing at 4.5 percent. Time money unchanged as December disbursements keep liquidity ample. Mercantile paper in fair demand from out of town, local buyers passive, with local stock brokers well supplied to year end.
MENTIONED IN THIS ARTICLE
Mercantile
Fowest
Wall Street News and Market Pulse Report
Foreign houses traded about 1500 shares in the local market as London money was in fair demand and Berlin easier. Paris steady. Berlg rate firmer. Bar silver rose to 2d, up from midweek lows. Loan quotes cover major steel, railroad, utility and industrial stocks. Detroit Mackinac bonds rise on land sale cash flow. Chicago Union Traction refutes refinancing rumors amid unchanged franchise tensions. Nickel Corporation absorption by International Nickel advances. Southern Railway London stock listing notes. Denver Gas and Electric stock deposits extended to December 15 under trust agreements.
MENTIONED IN THIS ARTICLE
London
Berlin
Paris Exchange
Amalgamated Copper
Anaconda
American Ice
Atchison Common
Brooklyn
Detroit
Mackinac
Chicago Union Traction
Philadelphia
Chicago Union Traction Company
Chicago
Hocking Coal
New York News Bureau
Hocking Coal and Iron Company
Americans Secure Nickel Corporation
London Dispatches
Nickel Corporation of London
International Nickel Corporation of America
Southern Railway
London Stock Exchange
Lsted
Southern Railway Company
Denver Gas and
Denver Gas and Electric Company
Trust Company of America
New York
Michigan Trust Company
Grand Rapids
Ohio Trust Company
Columbus
Ohio
Exchange Keeps Ten Share Trading Basis, Drops Fifty Share Plan
The Consolidated Exchange will continue trading in stocks on a ten share basis with daily deliveries. The board shelved indefinitely the plan for weekly deliveries and a fifty share trading unit. Earlier a fifty share basis was adopted then rescinded amid opposition. Meetings showed sentiment for old conditions, but were not representative. Managers postponed December action and President Wagar said the plan would be dropped.
MENTIONED IN THIS ARTICLE
Consolidated Exchange
Board of Managers
Apemae
Wagar
the Exchange
Metropolitan Street Railway Annual Meeting Postponed
At the Metropolitan Street Railway Company offices the annual stockholders meeting set for 12 o'clock was postponed to Thursday at noon. A special meeting at 11 o'clock adopted bylaw amendments to close the books before the officer and director election and classification.
MENTIONED IN THIS ARTICLE
Metropolitan Street Railway Company
Broadway
Market closes strong amid mixed copper and oil trades
The market closes strong and fairly active with activity in copper and oil. Montreal and Reos ton trades at about 206 shares, 12 percent. Gold Hill Copper at 2 percent. Standard Oil sold at 870.
MENTIONED IN THIS ARTICLE
Montreal
Reoston
Gold Hill
Street Railway Companies Furnished by Nichols Co
Street railway companies information supplied by William E Nichols and Co of Walksty details key concerns, routes, and company standings. The note outlines public transit interests and possible affiliations affecting urban transport planning.
Consolidated Exchange Sales Report
Consolidated exchange sales figures show bond trading activity with prices listed on page 1. The fragment notes open high low and last prices for Green Bay bonds, with percentages and estimated sales figures, indicating ongoing market activity.
MENTIONED IN THIS ARTICLE
Green Bay
Outside Securities Show Gains Across Markets
The outside securities market showed stronger upward momentum with multiple issues posting solid advances from Saturday’s close. Northern Securities rose about 3 percent on around 4 000 shares, Virginia Iron Coal and Coke added roughly 3 percent on limited turnover, and Consolidated Refrigerating gained near 2 percent amid reports of English contract negotiations. Dominion Securities deposited stock traded at 12 1/4 while undeposited stock moved to 14. Greene Consolidated and White Knob Copper were among copper shares showing gains.
MENTIONED IN THIS ARTICLE
Northern Securities
Virginia Iron, Coal and Coke
Consolidated
Dominion Securities
Greene Consolidated
White Knob
Gas Company Bond Prices and Standings Snapshot
Furnished by William E. Nichols & Co. tabulates bid and asked prices for NY & East R securities in 1930. Entries include 115% bid for 1s, 194¢ 113 114% for Con U Gas Ss, 108 109 for Nor U Ist 5s, 132% 1145 for Mutual Co 3 Stand Gas, 107% do pref 152 162 for N Am Co 5e, and Brooklyn Unionm 222 a2.
MENTIONED IN THIS ARTICLE
Ask
Adams Express
Ce &E
Albany & Sus 'i
Allis Chaim
Bos de
Balt & Ohio
Bae
Eae
Brooklyn RT
Amer
Sig Ita
West Vis
New-York City
Chi Mil & St P
Manhatan
TOO Chi Union
Bronx
Amecan Coa
Col Souther
Columbia Burs
Amer Cotton Oil
Col & Hock Coal Sa
Fourteenth Street
Goo
Erie
Amer Dist
Central
Hamilton Ant
Zoo
Amer Expres
Louis & Nash
Mount Morris
Manhattan
Wey
Met
Aoo Mexican Central
K & Tex
Ieee
Welfth
Eo Weece
Sie
Yorkville
Ste
North West
Washington
Pennsylvania
Fidelity
Jefferson A
Amer Sugar
Rock Island
Bank of Wash
Am Tel & Tel
Em Sg
Tenn Coal
Bedford
Brooklyn
Texas Pacific
Amer Woollen
Tnion Pacific
Do Pref
Ams RS Ao S Steel Sreeres
Avenu
Ann Arbor
Wahbesh
Atchison
Western Union
Ssa National de Heme
People's Tao
Boston
Sprague National
Ee Verity
Brunswick
Mes - Union
R & Pitts
Aoe
Rouch
Richmond de Pref
Staten Island
Canada South
Best & Bel
Do Sules
Isabella
Hudson County
Nat'l
Hea & Ohio
Molie Gibson
Hicago & Alton
Third Nationa
Hobroke Chic & East
Moreso
First National
Eae Coe
Nmr
Bush National Banks
Chic & Norton
Cistpm&co Isa
Col & H
del & Hudson
É&W
Deny & Rio
M & Ft D
Detroit
Southern
Kan
Reok & Des M
Larle de Gas
Western
Long Island
Louis & Nasha A
Ma Coal
Sec
Michigan
Minn & St Louis
Missouri Pacific
Biscuit
Ontario
Tao Pacific
Rin & East Pes Gas & Coke
Pere Marquette
Few & Ch
Pullman Quicksilver
Rome
St Jos & Gril
L& Sayer
St Louis Southway
St & Ir
Southern Pacific
Southern RR
Rope & T Tenn Coat & Irag VT
Ry & Light
Texas & Pacifi
Land Trust
Tol Pee
Wis
Stae & Ww
Twin City
Vaso
Union Pacific
Soo
U S
Healty
Neo Wells Fargo Ex
West Union Tel
Westingh
Wisconsin
Io Grill
Kan & T
Dana
Nor & W
Cc & O
Rio 'O West
L&t
Col & So
U&ne
SU Ay Do Inc
T&oc
L& W
Fa&p
de Haven & Townsend
Walist
North Penn
Am Ry Co
Na Phila Co
Penn
R R Co
Cambria Steel
Penn Elveh Co
Diamond Steel
Elec St Bat Co
Phila Elec Co
Phila RT
Elec Co
Phila & Erie
Fmt Park T Co
Sus Iron & Steel
Ins Co
N J Con
Nat Asphalt Ss
Union Trac
William E. Nichols
Wits Manhat Transit
M & B Cop Co
Nat B
Cuba
Bay State
Borden
Calif Copper
Cama & T
Mae Sane
Ge Press
Pioneer Min Co
Distillers
Roy
LO Domin Secur
St L & Sub
Seaboard Air le
St Louis Trans
Ena
Electro—Pneu Union
Sugar Ood United Copper
Greene
Suggk Exp
William E. Nichols & Co
Waill
M &N
Hoboken
NY & ER Ferry Co
Ee & N
Union
NY & Stock
Ny&n
Per’ Et
Bia
American Elevated Co
Arer Light & Trac
Amer Valley Co
Arm Press Association
P. Ponds
Gorhar
Stetson
A&a
Maine Stock
Mae Son
Are Garden M
Markeen
Mergthaler
Ceres
I &S
Procter & Gamble
Soon & Ag I
Simmons Hardware
F&a
Simmons Harare
Simpson-Crawford Con
Miz
Stan
Isan Aii Sterling Copper
Fsws
Swift & Co
Weller & ‘Go
Trenton Potteries
Union Switch & Signal Union Switch & Signal
Union Typewriter
A&o
Waeses U Lumber
Sinwie
St. L
U. Ry
St. Ih
Tob. Co
U. S. Envelope
G. S
U. S. Glass
T. S. Glass
Eng
Ass'n. Westinghouse Air Brake
Worthington
NY & East R
Nor U
Mutual Co
N Am Co
Brooklyn Unionm
Miscellaneous Gas Companies
A compact listing furnished by William E Nichols and Company at 15 Wall Street catalogues miscellaneous gas companies.
MENTIONED IN THIS ARTICLE
William E. Nichols & Co
Wall St
Also Mentioned on This Page
TRE
Br.t
Metropolitan
At&sef
North Pac
Chic
Third Ave
Crigép
Union Pac Jet
Consol Tob
Sterling
France
Germany
Reichsmarks
Holland
Berlin Exchange
Paris
Madrid
Lisbon
Buenos Ayres
Tures
National Bank
Sub-Treasury
Ams Copper
MK & T
Ao Amc
Y Sat & Ww
Norf & West
Pee G & C
Top & SF
Penn KR
Raitt & Ohio
Ocenrol Gas
Ike Rock Valley
UTS Leather
Titnets Central
U S Real
Tews Central
U S&s Steel
BONDS
U.S
American Securities Abroad
N.Y
Chang
Atchison Ease Ee Nee Reseeee - Ae
Paul
Lee Pennsylvania
United States Steel Aseee Lees
Money and Exchange
THE
Stock Exchange
Day & Co
Nassau St
Rost & Albany
Boston & Me
Reston
Atlantic
Cal & Heela M
Franklin
Tel & T Co
New-Eng
Tel & T
Quincy
Tamarack
Wolverine
San Francisco
Andes
Kentucky
Belcher
Civocces Best & Belcher
Bullion
Occidental
Caledonia
Ophir
Challenge
Overman
Potosi
Con Imperial
Cal & Va
Sierra Nevada
Crown Point
Syndicate of Gould & Curry
St Louis Hale & Norcross Union
Utah
Wall Street and Exchanges
Os. R. Annual Meeting
Brooklin
D. Pu
SR Rco Et Sa
Liteon T.&j
Ghwick
M.& WN
Ferry Companies
Clinton Gilbert
America
Butchers & Crow
Inar & J
Chatham
Commerce
Opeon
Columbia
East River
Hs Equitable
Pioetity
Fifth National
Fifth Avenue
OOOY
M &Xn
Gallatin
Rod Ao
Gansevoort Zoey
Garfield
Germania
Greenwich
XNI Hamilton
Hanover
Tu & J
Ie Irving Jenene Looe
Jefferson de
Liberty
Lincoln Carees
Fe &Aa Market
Sya
Ty. & Ms
Mount
Mutual
Nat Bank of
S. Oo
NY County
Nineteenth Ward
North America
Pacific
J. Seaboard Ac
Z. J
Wa SF
A.llianee
I. Torkvilla
Consolidated Exchange Sales
Outside Securities
Aes Light & Trac
Bing Gas
Colum Gas Co
Dg&ec
Indianap Gas
Jackson
Wiswee Lafayettes
M &N L&éwv
T&d
Mades Co
New Hae Gas Co
L& Po
Syracuse
J&i Tits
Crosstown
Bkivan
Coney Island & B
Calvary
S&t
Ie Sea Beach
Yonkers St Ry
Met St. Ry