Market Dull as War Stocks Fade and Sugar Rises
A sluggish New York market saw investment stocks hold modest gains early, then mostly erase them by close. Sugar issues rose briefly with Cuban American Sugar and South Porto Rico Sugar up before retreating, while United States Industrial Alcohol hit a new high then fell. U S Steel weakened under pressure and bonds were uneven as total par value sales reached $4.577 million.
MENTIONED IN THIS ARTICLE
New York
Porto Rico
United States
Montana
Studebaker
Sears-Rosbuck
Texas Company
New York Air Brake
American Coal Products
Crucible Steel
Lackawanna, Steel
Baldwin
American Locomotive
American Can Preferred
Mercantile Marine Preferred
Ralls
Pennsylvania
U. S. Steel
New York Central reports October gains and bond debut
New York Central Railroad announces October operating revenues of 16,140,679 and net income up 2,448,108. Pittsburgh and Lake Erie subsidiary shows highest net revenue gain of 627,869. Baltimore and Ohio issues 60 million 5 percent 40 year bonds sold on the curb at par with strong oversubscription and high early trading. Chesapeake & Ohio reports October gross 572,266 and net 410,879, with four month fiscal year gains totaling 1,925,898 gross and 1,451,168 net.
MENTIONED IN THIS ARTICLE
New York, del
American Agricultural Ba
American Tel & Tel
Toerican Smelters
American Tobacco
Armour & Co
Tlantic Coast Line
Baltimore & Ohio
Bethlehem Steel
Brooklyn Transit Bs
Central of Georgia
Consol
Central Leather
Entral Pacific
Chesapeake & Ohio
Ghasppeake & Ohio Er
Chicago
B. & Quincy Joint
Chicago, B & Quincy
Chicago Great Western
Chicago, Mul & BL PL Co
Erie
General Electric Ss
Great Northern Let
Illinois Central
Interborough Rapid Translt
Interborough Met
Eee
Kansas City Southern
Synke Shore
Viegett & Myormbe
Lorillard
Oulsville & Nashville UN
Tasoari, Kana & Texas Iatra
Boum
Missouri Pacific Ev
New York Cent
New York Central
New York City
New York State
New York Railways Adj
Y.N . & Hartford Co
Norfolk & Western cv
Northern Pacific
Oregon Short Line
Pacific Tel & Tel
Pennsylvania Consolidated
Pennsylvania Gon. A
Ray Consolidated Sa
Reading Wen
Hapublic Steel Se
Louis & San Fran
St Louis
Southwestern Con
Seaboard Air Ling
Southern Est
Southern Factite Co
Southern Pacific
Southern Railway
Texas Company Co
Vanes
Texas & Pacifc
Third Avenue
Union Pacific
Union Pacific cv
Steel Os
Virginia-Carolina Chemical
Wee Wabash
Western Tinton
Westinghouse Electric Co
New York
New York Central Railroad
Pittsburgh and Lake Erie
Baltimore and Ohio
Broad Street
Bankera
Chesapeake & Ohio Today
Chesapeake
Strosé
New York Stock Market Movements December 1 1929
Trading on December 1 shows varied activity across major issues with notable gains for Alaska Gold M and American Sugar pf while Am. Car & Fdy and United States Steel display mixed results. Key names include Anaconda, Atchison, General Electric, and Com Products, with price shifts reflecting broader market fluctuations.
MENTIONED IN THIS ARTICLE
Alaska Gold M
Alaska Juneau
Taddathe Chetiers
Am. Ag. Chem
Amer
Car & Fedy
Cotton
Amer, H. & L
Ice Seq
Linseed
Loco
Am. Steel
Amer. Sugar
Amer.t. & T
Amer. Tobacco
Tob. New
Am. Wool
Am.Wool
Am.Wool.pf
Am. Woolen Pf
Anaconda
Atchison
Atchison Pf
Baldwin Loco
Bald. Loco
Brooklyn R
Colo. & South
Consol
Contin
Crex Carpet
Crucibla Steel
Crucible St. Pf
Cuba
Am. Sug
Del
Blec. Stor
Bat
Erie
Gen. Motors
Geo. W. Helme
Goodrich, B. F
Goodrich Pf
Greene C. Cop
Gugeen
Inois
Int. Agricul
Brook. UN. Gas
Burne Bros
Butte & Sup
Cal. Petrol
Case, J. L Pf
Central Leather
Chi, Gt. West
Mac. C
C&slpfl
Chile
Cleve
Pitts
Colo. F. & I
Int
Agricul
Inter. Con
Har. Corp
Kan
City Sou
Kan. C
Brunawick
Canadian Pacific
Cent. Laath, Pf
Chi
Gt. W. Pf
N. W
China
Cluett-Peabody
Inter
Har. M
ITO
Sole
Aeaine
Huge American securities abroad held, value around a billion
New York December 1 A widely cited estimate places the par value of American securities held by foreign investors at just over one billion dollars, expected to be absorbed by the United States by January 1. The figure aligns with prior discussions during McKinley era finance and European gold inflows.
MENTIONED IN THIS ARTICLE
New York
United States
Securites
McKinley
Europe
House of J. P. Morgan & Co
Great Britain
France
Lord Kitchener
England
Fongland
Washington stock notes show mixed activity and narrow volume
Washington Stock Exchange activity was broader with rising interest in main issues but no broad buying. Washington Gas and Mergenthaler drew attention with small gains, while Lanaton and American Graphophone saw limited trades. Rail stocks lingered, and 4 per cent bonds stayed strong at 107 while gas and railway issues traded near quoted marks.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
Washington Gas
Mergenthaler
Lanaton
Flather
Moorhead&Elmore
Newark Stock Exchange
15Th &T
Wall Street Stock and Bond Prices Reported in Local Exchange
Local stock exchange notes show Washington Gas at 68 and 106 for large blocks, Washington Railway and Electric bids around 81, 81% and 106% for various lots, and Capital Traction around 87. Mergenthaler Linotype at 174% with other securities and coalitions. Analysts discuss absorbed American securities amid global finance movements and British investment patterns.
MENTIONED IN THIS ARTICLE
Washington Gas
Washington Railway and Electric 4A
Orfolk
Washington Steamboards
Capital Traction
Washington Railway and Electric Common
Eee Linotype
Geotown Gas
Ind
Georgetown Gas
Columbia Gas and Elec
Capital Traction Co
Metropolitan Rbr
Waah. Ry
Elec
P. Telephone
Tel. & Tel. Co
Tel. & Tel
C. Paper Mfg
Mkt
Mkt. Co
W. Steamboat
Washington
Waaee
Rigessae
Trust Company
Amer. Security & Trust
Netl Savings and Trust
Ree Union Trust Company
Wash. Loan & Trust
Home Savings Bank
Commerce and Savings
East Washington
Bee. Sav. & Com. Bank
Arington . Corcoran , Firemen’s German-American National Union
Rey. Pfd
Buy
Mergenthaler
Lanston
Washington Baseball Club
Greene-Canmen
Market Summary of Commodities and Currencies in New York
Spot wheat and corn firm with No 1 durum at 114% and No 2 yellow corn at 81. Futures hold steady for December. Copper steady, tin futures up in London, gold rates and bank loan terms noted. Oil City balances and shipment figures reported for December 1 with daily run and average values.
MENTIONED IN THIS ARTICLE
New York
Duluth
Manitoba
Buffalo
France
London
Cottonseed Oil Market Prices Reported in New York
The Cottonseed Oil market in New York shows prime crude at 17.27 and 7.33, prime summer yellow at 8.20, with December indicating 8.28 and prices extending through January to July for various months from 8.28 to 8.64, plus prime winter yellow and summer white at 8.25.
MENTIONED IN THIS ARTICLE
New York
Philadelphia Markets report price changes December
In Philadelphia markets on December 1 butter rose to higher levels for western creamery extra 34. Eggs declined with nearby firsts around 10.20 fob. western and current receipts both near 10.20. Cheese remained firm while wheat futures climbed to 1.14 to 1.16 per bushel for No 2 red spot and December. Corn steady and oats advanced with No 2 white at 46.5 to 47.0 and No 3 white at 44.
MENTIONED IN THIS ARTICLE
New York State
Elgin
Tub
Virginia
Western
Florida
N. C
California
Concord
Niagara
New York
Philadelphia
Western Creamery
F. c
Western First
Also Mentioned on This Page
Erle
Bears
Paris
Missouri
Kansas
Texas
Curb Market
Atlas
Hraden Copper
Tur Pont
Imerseon
Iyoldfield Consolidated
Ttavana Tobacco
Havana Tobacco
Midvale Steel
N J Olintock
N. J
Standard Oil
Indiana
Standard OM
Standard On
Kentucky
Nebraska
Standard of
Ohio
United Frofit
NEW York Stock Market
Laclede Ga
Lehigh Valley
Loone Wiles
Lorillard, P
Manh, Shirt Co
Maxwall M. Co
Maxwell M
Miami Copper
Kan. & T
Nat
Nat. Lead
N. Blr
M.lp
Nev. C. Copper
North & West
North Amer
North. Pacific
Penn. R. R
People's G. & C
Phila. Co
Preas
P. Stt
P. 3
Cer. N. J
Pal. Car
Ry. Steel Sp
Ry. Stl Sp
Ray Con
Cop
Texas Co. F. P
Third Ave
Southern Ry
Stand
Mill
Eeaness
Studebaker Pf
Tenn. Copper
Texas & Pac
Texas Co
Rep. I
Rock Island Pt
St. L
St L
Seaboard A. L
Seab, A. L. Ptd
Sears-Roebuck
Tobacco Pt. Pt
Union Bag & P
Union Pac
United Cigar
U. C. S. of Am
Va.-Car. Chem
Wabash W. J
Sloas-S. S. & I
Aqoisl
T. Pr
South
Bo. P. R. Sugar
U.C.S. of A. Pt
United Ry. Inv
U Ry. Inv
Wella Fargo
Weat. UN. Tel
Weatinghouse
Woolworth
Wh. & L. BH. Bil
Willys-Over
Ss. R.& Rpt
Wisconsin Cen
Holland
Washington Gases
Washington Railway and
Eleectric
Local Stock Exchange
Securities
Crequer
Columbia Title
Chapin-Sacks Co
D. of C
Grapho. Com
Grapho
Fees Security Storage Co
Washington Market
Local Produce Market
Washington Cattee Market
Boston
Alaska
Bay Alloyes
Boston & Maine
Franklin
Greene Cananea
Lake Mining
Miami Mining
Mohawk Miningtees
Nevada Con
N.Y
N.hl & Hartford
Ray Consolidated
Shannon Mining
Superior Mining
United Fruit
Utah
Utah Copper Mining Oe
Waverine Mining
Baltimore Securities
NEW York Grain
Oil City
Baltimore
Maryland Trust
Consolidated Coal
Houston Oil Tr. Cifis
Houston Oivid
Ctfa
Bondia— Balt. City
Consolidated Power
Som
Houston Oil div
Pa. Wat. & Pow
U. S
Uw S
Panama
the Globe“Weenicke Co
Townsend Scott & Son
I Kaireng Municipal Industrials
Baltimore Stock Exchange
Nite Woodward Bldg
Equitable Co-Operative Building Association
Equitable
Equitable Building
F St. N. W
John Joy Edson
Frank P.reeside
Inspiration Copper
Inspiration Copper Company
Chandler Bros. & Co
New York Stock Exchange
Pine St
The
Commercial National Bank
Bank OF Personal Service
Fourtesity and Gets
W. B. Hibbs & Co
Hibbs
Washington, D. C
Savings Dept
George Winson
Vice Bros. Gales Woork
National Metropolitan Bank
15Th St. Opp. Treasury
Georgetoon Gas
Potomac Con
Wash. Ry
Continental Trann
Wash. & Southern Bank
Union Savings Bank
N. and W. Steamboat
Miller Train Control
Crandall Amusement Company
Gayety Theater
Thomas L. Hume
Tel. M
National Savings and Trust Company
15Th and
N. Y. Aye
John L. Edwards &Co
St. N. W
FH. F. Hutton & Co
Mintwom Ratea W
Dentinger & CO
Buite
D. C
Jesse L. Heiskell
St. N. WW
A. B. Leach & Co. Investment Securities
Broadway
Newark
Waen
Moorhead & Elmore
15Th St
Jones & Baker Stock Brokers
Widener Bldg
Ces
Weil
District of Columbia
Swartzell, Rheem & Hensey Co
Fifteenth Street
Mutual Life Insurance Company of News
Thomas P. Morgan
Hoom
Southern Bidy
Financial & Cost Accounting Systems
Simon Tipperman
Certified Public Accountant
P. G. Bux