Easier money rates fail to steady bonds rails active
The bond market was quiet with irregular price movements across departments. Easier money rates had little effect as traders awaited President Coolidge’s Congress address, keeping many to limited operations amid tax and soldier bonus uncertainty. Government bonds barely changed. railroad bonds declined modestly. Marland Oil notes moved as a loan deal fell through.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Manhattan Elevated 63
Local Stock Exchange Reports Mixed Prices Across Utilities and Banks
Regular call records show Washington Gas and Potomac Electric bonds trading with varied yields and prices. Notes list Washington Railway and Electric preferreds, National Bank issues, and Capital Traction after call, with several at or near par and others showing small premium or discount.
MENTIONED IN THIS ARTICLE
Local Stock Exchange
Washington Gas
Potomac Electric Cons Bs
Washington Railway and Electric Pfd
Strict National Bank
Riges National Bank
National Savings & Trust
Danston Monotype
Capital Traction Ss
Washington Gases
A & Prr
A. & P. River Guards
Cc. & P. Tel
Capital ‘Traction
City & Sub. Ry
Geotown Gas Lt
Metro
Bond Sales on New York Exchange Issuer Details
Bond sales activity on the New York Exchange is noted with reference to Owen High and low last sale figures. The issuer is unspecified in the fragment.
MENTIONED IN THIS ARTICLE
NEW York Exchange
Owen
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TEGIN
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