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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Apr 27, 1920
Page
3
Bond markets show firmer prices with Liberty securities rising while Sterling slips. The report notes sharp moves in Japanese and Chinese markets, with U.S. stocks mixed as traders weigh debt supply, currency shifts, and geopolitical tensions. Bank and corporate bonds face pressure from higher rates, with activity seen across currencies and equities as investors reassess risk.
A Chicago style market note reports heavy bond trading on the Washington Leehs Stock Exchange yesterday with widespread issues listed. Prominent names include Washington Gas, Central of Gees common stock, and NorWestern Railway, with varied bid and offer levels across utilities and railors.
Chicago markets show beef steers steady around 35, veal calves strong, and feeders quiet amid uneven hog receipts. Sheep and lambs mix with moderate demand, while copper zinc and tin futures reflect steady to uncertain prices across metal markets.
Market bulletin shows price movements across commodities including corn, oats, wheat, bran, tallow, and lard. Prices fluctuate with quality grades, regional notes, and futures terms for near and distant delivery, reflecting weak to rising trends and seasonal supply shifts.
Bankers meet at Pinehurst NC as American Bankers Association notes corporate cash needs push firms to sell liberty bonds. Treasury data show large exchanges from coupon to registered bonds, with totals for third and fourth loans rising. Leaders from Washington banks attend, highlighting capital financing under high rates and the shift to bond conversion for funding expansion.
New York market data shows settled receipts with creamery products higher than extras and various grades of eggs, with prices for fresh gathered and extra firsts. State and nearby western dairy items, including browns and white products, are listed with ranges. Poultry and turkey prices for alive, dressed, and frozen categories appear with notes on weak demand and quoted figures.
The Wenhingin yor New York reports a bigger curb trading day with widespread buy orders and strength in many stocks. Simms Petroleum and Intercontinental Petroleum attract heavy activity while Texas and Oklahoma issues rise on dividend prospects. General Asphalt, Stutz Motor, and British American Tobacco show firmer demand. Ranier Motors preferred stock attracts strong interest.
The United States weighing a broader Canada trade deal seeks direct diplomatic representation in Washington to speed negotiations, while Canada and Britain discuss how to handle embassies. The piece also notes Mexico as a future diplomatic focus and outlines cautious U.S. stance on European and Russian trade issues amid currency pressures and propaganda risks.
An ad proclaims Baugealoan CA mer tablets as a cure for cross or grouchy husbands and women, promising a calm night and a clean liver after one bedtime tablet with water. It asserts no aftereffects, no salts, and no nausea, selling only in original wrappers for thirty five cents.
Officials denied a pooled plan for cotton rates while noting foreign lines showed willingness to an agreement. Proposed charges would be 744 cents per hundred pounds for transatlantic routes, with 12.5 cents less from South American ports, 2.5 cents less from Norfolk versus Gulf ports, and 25 cents less from North Atlantic routes than from New York. Baltimore securities report lists bankers and energy issues with mixed bids and bonds.
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