Tires and Coppers in Heavy Demand in Market Rally
Daily stock notes describe a brisk speculative session with Mexican Petroleum leading gains amid rumors of new wells and export shifts. Key players Lima Locomotive Replagle Steel May Department Stores and Famous Players Lasky rose as rails softened and copper was sought, amid talk of mergers and reparations finance.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Chicago
Caug
Mexican Petroleum
México
Keystone Tire
U. S. Rubber
Kelly Springfield
Goold
Chile
Misaimi
Lima Locomotive
Replagle Steel
May Department Stores
Fplayers-Lasky
Burns Bros
Paris
Germany
Starlings
Deaters
Foreign Exchange
New York Stock Exchange Yearly Totals At A Glance
The figures show current year trading volumes at the New York Stock Exchange totaling 933 200. Prior year 1 043 400 and two years ago 1 916 500 across multiple batches 187 500 129 800 and 196 500.
Bonds Of Pact Signatories Rise In Foreign Loans Market
Vigorous buying lifted bonds of foreign powers after the Pacific pact, with Italian and Chinese issues leading the rally. Liberty bonds recovered late, while rails remained irregular and some corporate issues weakened. A large block of railroad bonds was offered for subscription by a syndicate led by First National Bank and National City Company, part of Senator Clark's holdings. White Sulphur Springs, W Va, named for the ABA executive committee meeting in New York on September 14.
MENTIONED IN THIS ARTICLE
Famous Players-Lasky
Frederic G. Lee
Irving National Bank
Famous Players Corporation
Washington
New York
Pacific
Prica
Cerro de Pasco
First National Bank and National City Company
Oregon & Washington Railroad and Wavieation
Southern Pacific
White Sulphur Springs
W. Va
American Bankers’ Association
Copper to Be King: Market Letter Forecasts Copper Rally
Copper prices rise to 14 cents a pound with expectations of reaching a higher level this spring. The market letter cites copper securities as an indicator of improving conditions across industries and notes Cornelius F. Welly's speech from Anaconda Copper Company.
MENTIONED IN THIS ARTICLE
Aia Co
Cornelius F. Welly
Anaconda Copper Company
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