Stock Market Rally Fades After Sharp Early Advance
Speculators bid up prices in a brisk session as Mexican Petroleum and Studebaker led gains before a late profit take. The day closed with a 30 industrial index drop and a 20 rail drop from earlier highs. Federal Reserve rate cut hinted alongside improved money market signals amid mixed overseas markets.
MENTIONED IN THIS ARTICLE
Mexican Petroleum
Studebaker
Mexican Petroleum Corporation
Federal Reserve Bank of New York
J Commercial Paper
Reserve Bank
Stork
Money and Credit Report Shows Rates and Clearings Shifts
Money and credit conditions show a firming tendency with a 2M percent opening and renewed near October lows, while government withdrawal fears weighed on currencies. Bank clearings in New York rose to 78.2 million with mixed foreign exchange moves, and London and European rates slipped as the dollar weakened.
MENTIONED IN THIS ARTICLE
Enit
Tate
Che
Tata
Baok Clearings
New York
Yeaterday
Deckanees
Syat Oon
London
d. New_York
Europe
Guildere
Pamaeia
Norway
Denmark
Suiltogall
Caradimlovakia
Cania
Slavia
Uae
Argentina
Teak Son
Wall Street Holds Dividend Declarations and Finance News
Morning market summary reports Neon Products proposing a regular 1 percent quarterly dividend prior to a consolidation with United Retail. Talks of stock exchanges and new class A shares follow, with plans for partial exchanges and a possible 2 percent or higher on the merged common. Also noted are Canadian financing plans and German settlement expectations, plus Public Service of New Jersey earnings and freight car data.
MENTIONED IN THIS ARTICLE
Cities Service Company
Tobacco Products
Neon Products
United Retell Btoree Corporation
Ory
Mercer
Tobyeen Trad
Carmen
Dors
United Retail
Pew Goth
New Common
Ile
United States
Amnion
Ameriess Railway Association
Wirtogate Lal
Behind Active Stocks 26 American Can Company history and figures
A historical summary of the American Can Company detailing its formation in 1901, consolidation of 65 firms, and long term financials. It notes common stock outstanding, preferred stock, debt, and substantial surpluses and funds. Financial performance included 21.44 percent return in 1917 and an average 7.61 percent over twenty years.
MENTIONED IN THIS ARTICLE
Stock Exchange
Conyrieht
New York Tribune
New York Tribune Tne
Deynes
New
Ali Stoke
Ueility
Felon
Aina
Alaska Gold Mines
Kanwar City
Soni
Janean
Ea Gull Co
Ras ’ Allied Chem & Dye
Karson
Allie Chalmers
Amy Moke
Kreser
Bob
Larkawanna Steel
Lake Pele & Wert
Lee Ribber
Myers Tod
Manhattan
Laritters
Fowby & Nahe
Amer
Amer Safety
Ammer Ship & Com
Mtansti Faeyr
Amer Smelting
Ariee Steel Pity
Amer Sumatra
Dreger
Amer Zine & Lend
Av Lauer
Revakam
Ann Arbor
Dy Av
Milrmae
Sony Ward
Atlantic
Smuttine
Aia
Nat Aerie Ua Fis
Austin Nieh
Amy
Hallie & Chie
Chie & Rewy
Marshall
Norfolk & Western
Orien
Palen Fidisan
Ae Air
Hiltish Empire Steet
Northern Baeie
Ohio
Calinine & Lead
Calif
E & Os
Canadian Pacific
Finy & Cobe
Chandler
Motors
Pere Marausite
Cheapeake & Ohie
Chie & Alien
Tolledelphin Co
St Os
Chile Copper
Vper
Dob Ber Corp of
Nice
Coracola
Pollman Co
Wlombia Gov
Klee
Canval Nile
Coden & Co
Sh Meplacie Steel
Crucihte Steel
Hepob Iron @& Steel
Ry van Meiland Keay
Bt Laals Doueestn
Delawars
Del
Lack & W
Nadas
Kania Cecilia Laser
du Pont Nemours
Faxon Mojers
Kodak
Beare Rebar
Eindicatt-Jehnewn
Shell
Inclai
Famous Players
Min
Benelt
Yalebmake
Sterling Products
Wisher Body
Ery Og Csary
Ag Ary Co
Stewart Warner
Studebaker
Electeie
Gilden
Tolarco Products
Yy & Davis
Forthern Pf
Tel
Tl & Wert
Union Fag & Mazer
Gulf, Mob & North
Union Pacifc
Ra Ath Gull Braves Berl
Hudson Motors
Howton Oil
United Fruit
United
United Hetail
Healty & Limpert
Cons Corp
Marvester
Bmelt & Rot
Steet
Inter Mer Marine
Bam Ie
Inter Combustion
Vanadium Corp
VacCar Chemical
Inter Nickel
Inet
Wall Street
Pold
War Incorporated
Hincana
Yeaterday
Also Mentioned on This Page
Cities Service Co
Henry L. Doherty & Co. Securities Department
Standard Oil Producing Companies
Chip Oil Co
South Penn Oil Co
Prairie Oil & Gas Co
Earl. Pforzheimer & Co
State of
Michigan
Portland, Ore
Milwaukee
Wis
Rutter & Co
Wall St
Lewis St
York, Hartford
Ikrice,jr.co
del. Lack. & West
E. W. Bliss
Kirby Lumber
AcRice,Jr.&Co
Baragua Sugar
American Insurance
American Alliance Insurance
Hrederich Hatch & 60
Abwey Wy” Co
Cate Prick
Montreal
Amercan Bond & Mortgage Co
Fifth Ave
Chase National Bank Bankers Trust Co
McLure
Jonessreed
Money and Credit
CallahansZine
Castelline Lead
Tobn Born
Lane
Studhlolére
Ottawens Fe
Dominion
Cehewel Tate
Brescent
Lownat
Eschonge Oaltet Netoher
Cathy
Stacy Keetenen
Germany
Regiaroes
Worl
Public Servier of
N. J
Operntiiere
Compenientots
Alaska Steamship
Atlas Portland Cement
Borden (Milk) Co
Butler Bros
Singer Mfg
New York Stock Exchange
ES Hira
New Yorkilenes
Securities For Investment
Industrial
Law, Dixon & Co
Ward Baking Preferred
Republic Ry
Gen. Gas & Elec
Amer. Lt. & Tract. Com
Ward Baking Common
Chattanooga Coke & G
Lucey
United Hotels
Eastern Steel Preferred
Industrial Finance
Lucey Manufacturing “A
Amer, Lt. & Tract. Com
Republic Ry. & Lt
Shults Bread Co
Singer Manufacturing
Dawsoms Lyons Cow York
Lakich Valley
West T2nd St
Berdell Brothers Public Utility Securities
Broadway
Tenn
Tennessee Power Co
Jevhone
Alobia
Boston
National Park Bank Bank of New York
Gilbert la
Prince LW