Standard Rail Shares Gain In Heavy Buying
New York August 1 The general list rose with Standard rails advancing notably and other rail issues gaining amid strong demand. European currencies strengthened with the British pound up as investors stayed optimistic about carriers and industrial stocks, while gold shares and certain steel issues lagged. The market showed ongoing strength in high grade rails and key industrials, with notable gains for New York Central Union Pacific and Southern Pacific and improved demand for Pullman and American Can.
MENTIONED IN THIS ARTICLE
Washington
New York
Ray
New York Central
Union Pacific
Dla & W
Southern Pacific
Tilaware and Hudson
van Swerringen
Louisse and
Nashville
Central Railroad of
New Jersey
Atchison
Canadian Pacific
Norfolk and‘ ‘Western
Advancng Prises
St Paul
Mith * Bain of
Cand
Etateme Et Ore Steel Corporation
Pullman
Atlantic
Pan- Ameria Ues
Cincinnati
Sescon Foundation
Sg Heay
New High Neves
Ain
Han
Apares Tame Motors
GosPia
Flotation of Japanese Financier Amid Market Moves
All Street Gossip reports in New York that Industrial Book of Japan Ltd is floated by National City Company with imperial guarantee. Debenture notes will be sold at a price yielding over 6 percent. The issue marks the third Japanese financing of American bankers this year, following a government bond issue and related reorganizations. Fidelity details include Wells Fargo, Tempas, and the American Railway Express stock adjustments, plus notes on liquidation plans and anticipated distributions tied to par value reductions. Net profits for American Locomotive for six months ended Beac show 4.02 per share on common stock, with gross earnings near 28.8532 and a large unfilled orders total for June 1924.
MENTIONED IN THIS ARTICLE
New York
Industrial Book of Japan Ltd
National
IIT
Tyesne
Treat
Electre Powes Company
Jndustral Bask
Japan
Beac
Chicago
W-B. Hibbs & Cas
Shipbuilding Armour Pt Er
Armour
Ch'gal
Armour Leather
Maek
Ajax
Sia
Borg & Beck
Bunte Om
Macy
Chi City
Alta CF Harmers
Mallinson Magma
Chi City&Conn Ry
Allis Chalmers P
Chi Title & Trust
Bay
Manhattan
Com
Edison
Manila
Elec Corp
Cont Motors
Maracaibo
St Ry
Martin Parry
Daniel Boone Wodien
Einige
Oi & EB FE
Maxwell Motor
A & F Belis
Ag Ves
Sun
Great Lakes
Internatt Corp
Miami
Dace S. & Marx
Middle States
Hupp Motor
Loya Pt
Minn
St Paul
Twlnels Brick
Am Metal
Kan. & Tex
Libby, McNeill & Libby
Kan
Tex
Ts Am Ship & Cmee
Missouri Pacific
Lindsay Lt
Sumatra
Nat Clk & Suit Pf
Nat. Dept Stores
Nat Enam. & Stow
Bwitt & Co
Ann Arbor
Stewart Warner
Atchison
Glioe
Tex. & Mexey
John RK. Thompson
Atchison of Cay
Eo A
Union Carbide
Atl Coast Line
York Cent
United Paperboard Com
Atl. Gult & v
C&s L. Pfd
Wrigley
Austr Niehals
Newark Dac
Baldwin Leco
West
Balt & Ohio Pt
Falls
SBA
Boston
Bik
Albany
Bk Union Gas
Nunnally Co
Oklahoma
Boston Elevated
Ie Burns Bros. Ia
Lshan Bake Butte Co
Otis Steel TM
Cal
Arizona
Vth Butte
Otis Steel
Owens Bottle
Ag YI
Pacific Dev
Agi Davis
al Petroleum
al Pac
Gas & Biec
Edison Ae
Callahan Zinc Lead
Pacific Oi
Island Creek
Calumet & Arizona
Packard
Eta
Libby
Canadian Pacific
Pan-Am
Pan -Am
N. J.syn
Penna
Ray
Cerro de Pasqro
Penna. Seab. Steel
Chandler Motor
New England Tel
Chesapeake & Ohio
Peoria
Chi
Ohio
Chicago & Alton
Pere Mar
Aoe
North Butte An Pe
Igi AB
Pere Marquette Pf
Old Domaire
Chi Chicago Gt Western
Philadelphia Co
Swift C
Phila
Rdg. C. &T Ba Om
RJ. & Fac. Aa
Phillips Petrets
Pierce Arrow i
St Rol & P
O. Si
Pierece-Arrow
Pierce
Cab
Bay Mierca
Chile
Ces
Pittaburg
Ditta
Util
Pra
Cc & St Louis
Pitts, & W
Pitts. & W. Vapid
Colorado Fual & Tron
Colorado & Southern
Col Gas & Elec
Cam Inv Trust
Congoleum Canay
Ag A Oy Pub. Ser. N
Rts Consolidated Cigar
Ullman
Consol
Cangol
Continental Canaay
iCuba
Republic Iron & Steel
Reynolds
Bate Ae
Oyal Dutch
Deere
St Joseph
Dela & Hudson
Sabe
Galas St. I. San Francisco
del L. & Western
St L. & San F
Detroit Edison Cs
St Louis Southwestern
Devoe & Ray
St Louis
Tome Mines
Ayhk Sava
Arma
Don FL
Gah Kier Star
Sears- Poe
Emerson Branting
Seneca Courie R. R
Shell Union
SR Simins Patra
Erie
Uu Sinclair Con
VW Jae
Pairbanks-Morse
Sinclair
eReyf Ra
Play -Lansky
Igi
Skelly
Orien
Able
Fisk
Porto Rico
Standard Gas & E
Flelachmann Co
Yar Ai
Freeport-Texan
Enecal Am
Lg Stewart Warner
Bai General
Studebaker New
Ieee Ar
General Bakin
General Electric
Airseers
Bal Sweats Co. of America
General Motors
Tennessee Cop. & Chem
Gen Motors Pf
Sti
Texas Co. A
Texas & Pacific
Gimbet Bros Pl
Union Pacific
Greene Cananea
Union Pac
Guantanamo Sugar
I Gulf, Mob & North
Cie
St New
I Gulf
Mor. & N Pt
United Drug
United
Invest I Via
Hartman Corp
SRB
Inv
le Hayes
Corp. & Fay
Hoffman
Houston Oil
U. S. Ind
Iinois Central
Thinois Central Pf
S. Steel Corp
Utah Copper
Indeo
Utah Securities Corp
Inspiration Copper
Vanadium Corp
Interborough Rap
Car
Enem
Pr & Am
Inter Agri
Ali
Vivaudou
Inter
Agri Mens Bay
Wabash R
Wabash
Harvester Co
Weber-Hellbronner
Wells-Fargo
Western Maryland
Pan
Western Pacific
Rys
West Pacific Pt Cay
Ue Ce Ao
Tel & Tel
West Penn Co
Intertype Corp
West Union Tel
al Wy West Erec & Mig. A
Jordan Motore
Wake Erie
Lake Erie
Springfeld
Wilson & Fy
American Power & Light Company
Maine
Portland
Oregon
Wichita
Kansas
Yakima and Walla Walla
Washington
Omaha
Nebraska
Council Bluffs
Iowa
Duluth
Superior
Wis
Electric Bond and Share Company
New York Stock Exchange Week Totals Section
The report lists weekly and yearly figures for the New York Stock Exchange with values around 1,178.608 weekly, 320,621 yearly, and longer-term comparisons from January 1 to two years ago, reflecting market activity and volume over different periods.
Financial markets and stock moves amid 1924 rate shifts
The article reports on clearing house rate adjustments following a Federal Reserve cut, deposit rate movements at banks, rising Pure Oil stockholders from 27,818 to 38,350 since 1923, and a surge in General Electric and other rails, with copper and lead prices up and silver prospects improving. It also notes treasury certificates, stock exchange activity, and cotton exchange open votes.
MENTIONED IN THIS ARTICLE
Pure Oil Company
Treasury
Teedmona
Maturit
Pga
New York Clearing House
Stock Exchange
Also Mentioned on This Page
Standard Rail
Mong Steels
NEW York Stock Exchange
Riemer & Co
Thomas J. Fisher & Company, Soc
15Th Street
Federal Reserve Bank of New York
Routeville
Pittsburgh
West Virginia
Baltimore and Ohio Thy
Norfolk and Western
Southern Railway
Wheeling and Lake Erie
Texas and Pacific
Atlantic Coast Line
Gulf Statex Steel
Coca- Cola
New York Cotton Exchange
Lavardas
PORT
Recelpte
Stork
New Orleans
Galveston
Ana Mantle
Savannah
Taos
Charleston
Whmington
Norfolk
Halimore
Philadelps
New York Ag i
Orleans
Houston
Shipma'ts x
Atlante
de Hoek
Bauer
Montgomery T
Miller
Nat. Mort. & Inv
Thomas L. Hume
Main
Dne
CE. Groesbeck
Messrs. Murray, Aldrich & Roberts
Bonbright & Company
the Investment Building
Philadelphia
Ralph W. Lee & Company
Colorado
Real Estate Mortgage & Guaranty Corp
L. E. Breuninger, Pres
Jackson Place
Mortgage Investment Dept
Shannon & Luchs
14Th Street
Federal-American National Bank
ST. John Poole
Smith
Awy
Oufvestor Cr 51
FEARA
Aaa
Ane Eevee Ene Sain Srr
F.h.smith Company
Swartzell, Rheem & Hensey Co
Sth Street
N. W