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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Aug 12, 1924

Page

4

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.

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.

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.

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
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