Stocks Hold Firm Awaiting Congress Address
In New York traders stayed wary as prices showed resistance to further drop while awaiting Congress convening and the President's address. Teutonic exchange weakness and grain seizure news were largely ignored as market factors. several issues edged higher on light turnover, with United States Steel and Texas Company among notable gains and a broad list of bonds and industrials quoted across rail and manufacturing firms.
MENTIONED IN THIS ARTICLE
New York
United States Steel Nere
Congress
Berlin
Icc
New York Stock Market and War Reconstruction Outlook
Reports from New York indicate continued prosperity after the European war. Railroads face worn bridges and roadbeds while French and Belgian industry must reconstruct, relying on United States exports for materials. Optimistic voices, including Schwab, foresee a recovery and peacetime growth, with notable Southward investment in the Clinchfield project led by Ream, Coolidge, and Blair Brothers.
MENTIONED IN THIS ARTICLE
France
Belgium
United States
Schwab
Europe
New York
South
Norman B Ream
Jefferson Coolidge
Blair Brothers
Clinchfield
Coal exports lift Charleston port trade and rail links
Washington Railway and Electric bonds trade as Charleston exports coal to Cuba rise. A first shipment nears 3,000 tons with expectations of over 20,000 tons by January, signaling peaceful foreign trade growth and a boost to the Clinchfield Railroad and local prosperity.
MENTIONED IN THIS ARTICLE
Charleston
Cuba
Clinchfield
New York Money Market and Cottonseed Oil Rates
New York Money Market reports Mercantile paper at 2 1 2 for short-term bills with various foreign exchange quotes and call money at firm levels. Cottonseed oil prices show primes crude and refined futures across multiple contracts and months with notable volatility. Credit balances at J Ol City, Pa show totals and averages for shipments and balances.
MENTIONED IN THIS ARTICLE
New York
Wall Street News and Gossip Impacts Copper and Rail Stocks
New York reports show copper orders reaching 25,999,562 dollars with German and Anglo-French financing, plus a 600 million loan. Pennsylvanian Railroad earnings jump, storage shipments to Germany rise, while Diamond Match reemerges in market after a year. American Can holds an investor meeting amid stock activity.
MENTIONED IN THIS ARTICLE
New York
United States
Great Britain
France
National City Bank
Germany
America
Diamond Match
Wall Street
Schwab predicts 40 million ton annual steel output soon
New York report notes Charles M Schwab and other steel leaders expect U S iron and steel production to reach about 40 million tons per year within four to five years. The prediction aligns with Abram Hewitt's earlier talk to the British Iron Institute about the United States surpassing Britain's long held lead.
MENTIONED IN THIS ARTICLE
New York
Charles M. Schwab
Ategl End
Schwab
Abram
British Steel and Iron Institute
Hewitt
Great Britain
United States
England
Local Market Notes Signal Mixed Activity on Bonds and Stocks
The local stock market showed firm but inactive trading with no strong bond demand. Washington Railway and Electric traded at 48 up to 11,000 value, Riggs Realty at 10034 for 5,000, and Capital Traction bids varied. Merghenthaler and Washington Gas drew bids in a cautious, uneven scene as American Graphophone offers remained distant. National City Bank stockholders are offered one share in the new American International Corporation per share held, with no rights attached, and allocations of the remaining 25 million will be after December 15. The venture plans expansions into Argentina, Brazil, Uruguay, the West Indies, Japan, China, the Philippines, India, and parts of Europe, with the 24th director not yet named.
MENTIONED IN THIS ARTICLE
London
United States
jHigh
So. Pf
Keck
D. M
Lack. Steel
Laclede Gas
Lehigh Valtley
Lorillard, P. Pt
Kans. & T
Mr. Schwab
Pacific
Pac
Ctfa
Als Schwab
Mont. Power Pf
Mont. Power
Pittsburgh
Nat. Biscuit
Nat. Biscuit Pf
Nat. Enam. & S
Nat. Cloak & S. vi
Schwab
N. Y
Norf, & West
LOGIN
Europe
Norf, & W. Pf
North Amer
North
Ontario
Pacific Mail
Penn. R. R
Phila. Co
Pitts. Coal
Pitts. Coal Pl
Pitts, Steel Pf
Press
Stl
Pull. Pal
Quickaliver
Ry. Stl. Sp
Ray Con
Rep. Ir
Rep. I. &. Spf
Rock Island
B.l&sf
Seaboard LJ
Seab
Sears Roebuck
Sloas
Texas & Pacific
Texas Co
Third Ave
Tobacco Pr
Onion B. & P
Union Pacific
Union Pac
United Cigar
United Fruit
United Ry. Inv
U. Ry. Inv
U. S
U. So Rub. P
U. S. Steel
U. S. ‘Steel
Utah Copper
Chem. Tem
Iron C
Wabash W. i
Pd. A.w
B.w.t
West. Mary. Fe
West
Westinghouse
Woolworth
Woolworth Pd
L. B
Loootwillys
Willys Over
Wisconsin
Riggs Realty
Mergenthaler Linotype
Washington Railway and Electric
Capital Traction
Geor
Ind
Georgetown Gas
Washington Gas
Columbia Gas
Elec
City and Suburban
Metropolitan
R. R
Wash. Ry. & Hlec
Am. Tel. & Tel
Tel & Tat
C. Paper
Mkt. Co
W. Steamboat
Riess Realty
Capital Traction Co
Wash. Ry
Elec. Com
Elgc. Pf
N. and
Sheres of
Mergenthaler
Wehe
National City Bank
New American International Corporation
Argentina
Brazil
Uruguay
West Indies
Vanderlip
South America
Japan
China
Philippine Islands
India
Poole Engineering and Machine Company of Delaware
Poole Engineering and Machine Company of
Maryland
Woodberry
Baltimore City
Texas
Baltimore
Amoantime
Washington cattle market report with mixed hogs and calves
A Washington livestock market update lists hogs at 6 to 7 dollars, light to medium weights around 9 dollars, heavy hogs about 8 percent, and sheep with clipped numbers. Veal calves show negative percentages, while lambs and other categories appear with varied figures.
Also Mentioned on This Page
Sterling
Roge
Texas Company
Harvester
Willys-Qverland
National Biscuit
South Forto Rico
Imerican Agricultural
IOI
American Cotton
He American Tel and Tel Co
American Smelters
Etree
American Tobacco
Armour & Co
Atchison
Atlantic Coast Line Con
Battimore & Ohio
Baltimore & Ohio
Bethleham Steel
Brooklyn Transit
Georgia
Central Leather Gans
Central Pacific
Chesapeake & Ohio
Chicago
B and Quincy
Chicago Great Western
Chicaka
Mil
St P
Chicago, I and
Northwastern
Erie
General Electric
Great Northern
Titinola Central
Traapiration Copper Co
Interborough Rapid Transit
Interborough
Kansas City Southern
Lake Shore
Liggett & Myers Sg
Lernard
Louisville
Nashville
Missouri
Missouri Pacific
New York Center & Imp
New York Central
New York City
New York State
New York Railways
Adj Ss
NYY
Hartford
Norfolk and Western
Northern Pacific
Oregon & T Line
Pactte Tel
Tal
Q Fennsylvania Con
Pennsylvania Gen
Ray Consolidated
Republic Steel
St Louis
San Fran
Southwestern Con
Seaboard Air Line
Southern Bell Tel
Southern Pacific Cr
Southern Pacific
Southern Railway
Gen Wh
Texas Company Co
Texas and Pacific Ista Aan
Third Avenue
Union Facifieda
Lnlon Pacific Ov
Tilepay Vos Rubber
Ui Os Steel Bs
Virginia Carolina Chemical
Wabash
Boston
Pesce Alaska Gold
Alloyes Mining
Heston
Maine
Calumet and
Hecla
Ben Chino Mining
Vast Butte Mining
Aranby Mining
Jake Mining
Miami Mining
North Butte Mining
Ray Consolidated Mining
Superior Mining
United Fraltforce
U S
Panama
NEW York Stock Market
Alaska Gold
Alaska Juneau
Allis-Chalmers
Allis-Chalpt
Am. Ag. Ch. Pf
Am. Beat Sug
Am. Can. Pf
Car & Fdy
Car & FF Pfj
Coal
Cat
Olive
Am. Express
Pee Loblam
Locome
Amer
Loco. Pf
Am. Smelt
Am. Smelt. Pf
Am. Steel Fdy
Am. Sue. Pf
BET
Am. T. Pt. New
Etfe
Agsoc
Atchigon
At. Coast L
Loco
Balt
Ohio
Chio
Batopilas
Beth. Steel
Beth. Steal
Brooklyn R. T
Brooklyn A. G
Brown Shoe
Burny Bros
Brunswick
Butte & Sup
Butterick
Can. Pacific
Hesweuseau Res
Case, J. L. Pr
Cent. Hesther
Bow
Ches
Onfo
Alton
Gt. West
P. Pf
P. RI
Crucible Steel
Crucibla St. Pf
Cuba Am. Sug
Cuba Am. S. Pf
Secur
Dist. Id
Dia
Match
Elec. St
Erie * of. Bat
P. Bah & Ry
Gen. Electric
Gen. Motors
W. Helme Pf
Goodrich, B. F
Goodrich Pf
Ida Wat
Out North Pf
C. Cop
Guggen
Hav. Elec. Ry
Somlincis Cent
Local Stock Exchange
Holland
Washington Trust Company
Amer. Security & Trust
Columbia Gas and Bloc
Tel. and
Tel. Co
Lanston Monotype
Greene-Cananes
National Bane
American
Columbia Commercial District
Farmers and Mechanica Federal
Lincoln Metropolitan Nail Savings and Trust
Union Trust Company
Wash Loan and Trust
Continental
Bannings Bank
Hye Savings Bank
Commerce and Savings
East Washington Savings
Saw
Com. Bank
Arlington
Corcoran
Firemen’s
German-Amei
Philadelphia
F. c
Curb Market
Quatea
Sete
Atlas Powder
Braden Copper
du Pont Wonder
Flor
Goldfield
Havana
St. Oil of
N.S. A
St. O
N.Y
N. J
Baltimore Securities
Nat. Banks of Baltimore
Maryland Trust
Houston
United Bus. & Elec. Co
City
N. C. M and C
Penn. Wat
United Rys
Elec +i United Rys
Elec. Inc
Wash. Balto. & A
TOR City, & Sub
Wash
Etie
Ol City
Pennsylvania Railroad Company
American Can Company
S. Proctor Brady
Fea
Middendorf, Williams & CO. Inc
Gordon P. Paine & Co
Baltimore Stock Exchange
Sutton & Co
William D. Hoover
George Howard
CHARLES E_NYMAN
Woodbury Blair
Lamborn
Treas Frank W. Stone
Frank Stetson
George W. Gray
Reginald S Huldekoper
H P. Johnson
Thomas R. Jones
Victor Kauffmann
John C. Boyd
James A. Buchanan
William A. H. Church
Walter C. Clephane
Wiliam V. Cox
William £. Edmonston
Edward Mehean
Samuel Maddox
William F Quicksall
Frank W Stone
William H Walker, Henry K. Willard
National Savings and Trust Company
15Th Street
New York Avenue
Washington
Deutsche Bank
Dresdner Bank
Austria
Hungary
Wiener Hank-Verein
K. K. Priv. Oesterreichische Hkredit-Anstalt Fuer Handel Und Gewerbe
Allgemeine Lagarische Creditbank
New York Stock Exchange
Washington Cattle Market
John L. Edwards & Co
Washington Stock Exchange
E. F. Hutton & Co
New York Cotton Exchange
Chicago Board of Trade
G Street
N. W
Bon Bolte Mt
Evans Ride
D. C
L. Heiskell
H St. N. W
N. W. Halsey & Co
St. N
Financial
Simon Tipperman
Certified Public Accountant
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