Fake security schemes flood district mails
Fraudulent schemes selling German securities flood the district mails, luring the lay public with high prices for bonds of uncertain value. Howard Cool of the Better Business Bureau warns that many offers are questionable and largely unredeemable. Eugene Thompson of the District Bankers Association urges cooperation with the BBB to halt transient stock vendors and bring issuers to justice.
MENTIONED IN THIS ARTICLE
F. W. Patterson
Howard Cool
Better Business Bureau
Eugene E. Thompson
District Bankers Association
Thompson
New York Curb Market Notes Upward Sweep
Curb prices resumed rising with profit taking causing some irregularity. Prairie Oil and Gas jumped on dividend news to 212 before easing to 203% and closing near 206, a net gain of 1. Prairie Pipe Imperial of Canada and Cities Service ended higher while Galena Signal Standard Oil of Kansas and Vacuum fell. Utilities gained several points with American Gas Electric American Light and Traction Appalachian Power Lehigh Power and Tennessee Electric Power up 1 to 3 points. Curtis Aircraft issues revived activity and Centrifugal Pipe hit a new high near 30. Radio firms mixed as Thermodyne and Hazeltine rose to new peaks. Fisher Body (new stock) began trading.
MENTIONED IN THIS ARTICLE
New York
Prairie Pipe
Imperial of Canada
Cities Service
Galena Signal
Standard Ol
Kansas
Vacuum
American Gas and Electrice
American Light and Traction
American Power and Light
Appalachian Power
Lehigh Power Securities
Tennessee Electric Power
Curtis
Thermicdyne
Hazeltine
Fisher Body
Adirondack
Botany
Mills
Brunswick Balke
Aguirre Sugar
Centrifugal Pipe Corp
Chapin Sacks,w
Curtiss Perm
de Forest Radio
del. L. & W. Coat
Denver R. G. Pf
Doehler
Dubilier C. & BR
Duplex C. & R. Ctf. W. Ff
du Pont Motor
Durant Motorsa
Duz Co., Inc
East Penn, Electric
Elec. Bond & Share Pf
Federated Metals
Ford Motor Canada
Foundation Co. Pf
Freed Eisemann R
Gillette Saf. Raz
Gillette Saf
New
Goodyear Tire
Grennan Bakeries
Happiness Candy St. A
Hazeltine Corp
Weer
Imperial Tobacco
Inter. Concrete Ind
Intercontinental Rubber
Inter-Ocean Radio
Inter. Utilities A
Inter. Utilities B
Jones Radio Mirabshea
Lehigh’ Power Securities
Lehigh Valley Coal Co
Lehigh Valley Coal Sales
McCrory Stores
War
Mengels Box Teeeee
Mesabi Iron Kerrer
Middle West, Utilities
Middle West Util. Pf
Middle Weat Util. Pr. In
Midvale Steel of
Del
Motor Prod
Murray Body
W. i
National Distillers
Nat. Power & Light
Nat. Tea Co. New
New Jersey Zinc
New York Tel, Pf
Nickel Plate Ww. i
Pf. W. i Ae
Ohio Fuel Corp. W
Omnibus Corp. Ctf
Pathe Exchange A
Radio Corporation
Reo
Rova Radio
Sleeper
Southeast P. & L
Southern Coal & Iron
Standard Publishing
Swift International
Swift & Co
Tenn el. Power
Thermiodyne R. C
Thompson Radio Cti Os
Todd Shipyards
Union Carbide
United Gas & Elec
Ward Baking Corp. Pt G2
Ware Radio Corp
Western Power
Western Power Pf Oe
White Rock
Wickwire Spen. Stl. W
Yellow Taxi Cab N.Y
Anglo-America
Mesane
Buckeye
Galena
Galena Signal Oil
Humble Oil Eee
Illinois
Imperial Oil
Canada
Indiana
International Petrolew
Magnolia Petroleum
National Transit ” Oe
Northen
Ohio Oil
Penn
Prairie Oil & Gas
Prairie O. & G. Wii
Prairie Pipe Line
Southern Pipe
South Penn Oil
Southwest Penn
Standard Oil of India
Standard Oil of
Kanagas
Kentucky
Nebaska
Ohio
Swan & Finch Oil Corp
Vacuum Oil
Greek loan plans and grain market notes in New York
Reports indicate a new 11 million dollar Greek loan to be offered by Spayer & Co at 88 to yield 8 percent, funding Greeks moving to Greece per treaty. New York grain excerpts show wheat strength for No 1 dark Northern Spring and various lake and rail prices, with corn and oats mostly firmer.
MENTIONED IN THIS ARTICLE
Spayer & Co
Turkey
Greece
New York
Lake
Manitoba
Foreign bonds and war loan notes in latest market listing
The report lists several government and national issues including French 48 and 6s with premium 5s, British Victory 43, National War Loan 5s, Italian Notes 1926 and Italian 68, Belgian Restoration 68 with premium 53.
MENTIONED IN THIS ARTICLE
British Victory
National War Loan
Metal Market Prices In New York And London
Copper firm electrolytic spot at 114% with futures 144% 1454. Tin firm spot 8.87 futures 66.00. Iron steady. Lead firm spot 9.25 10.60. Zinc steady East St Louis spot 7.80 futures 7.52. Antimony spot 14.12. London copper spot £65 15s futures £66 18s electroytic spot £70 futures £70 10s8d tin spot £261 7s 6d futures £264 12s 8d lead spot £42 10s8d futures £89 12s6d zinc spot £37 12s8d futures £37 2s8d.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
London
Treasury Certificates Market Rates by Maturity
Treasury certificates with various maturities and rates listed. Mar 15 1825 through Dec 15 1927 figures show 4s and 2s terms, with prices and yields indicating a range of rates from about 4 percent to 4.5 percent and several dated maturities across 1925 to 1927.
MENTIONED IN THIS ARTICLE
Umrer
New York Cotton Prices Rise on Bullish Demand Signals
The New York cotton market advanced on December 16 as bullish Southern spot cues and Liverpool optimism lifted March to 24.27 and May to 24.63, with closes near session highs. Exports for the season reached 3,812,722 bales and port receipts were 65,541, while October and later futures showed modest gains amid profit taking and improving domestic demand.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Manchester
Ond
Eabies
Lancashire
Utilities Bonds Lead General List Upward
Public utilities led the investment market today with Brooklyn Union Gas convertible 7s rising over 6 points to new highs. The group moved higher on strong turnover as local traction issues gained, Maxwell Motors shares climbed with related A stock, and Liberty bonds steadied alongside firm Treasury notes.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Brooklyn Union
Third Avenue
Interborough
Maxwell Motors
Liberty
Treasury
Hukuang Railways
Also Mentioned on This Page
Dawes
U. S
Bankers Sound
J. W. McIntosh
Joseph W. McIntosh
Henry M. Dawes
Coolidge
Senate
McIntosh
Finance Committee
Washington Tock Exchange
Liberty National Bank and Union Trust Company
Union Trust
Lanston Monotype
Washington Railway and Electric Preferred
Washington Gas Light
Capital Traction
Washington Railway and Electric General
E J McQuade
Liberty National Bank
Mergenthaler Linotype Co
Eastern Territory
Interstate Commerce Commission
Commission
Eastern Railroads
Pynchon & Co
West & Co
W. J. Hammons & Co
John Nickerson & Co
Utilities Power and Light Corporation
Chicago
Washington
Dillon, Read & Co. Org
Philadelhia Rapid Transit Company
Eries
Philadelphia
Ehot H. Thomson
Washxton Loan and Trust Company
American Institute Banking
Capter
Bonbright & Co
E. H. Collins & Son
Bales
Tague
Cities
Derby
Derby Oil
Euclid Oil
Federal Oil
Gililland
Gulf Oil
Kirby Petroleu
Lago Petroleum
Lance Creek
Latin America
Mexico
National Fuel & Gas
New Bradford
New England
New Mex
Ariz
Northwest
Peer
Penn Reaver
Pennok Oil Corp
Red Banks Oil
Royal Canadian
Salt Creek
Sapulpa
Lyfelf
United Central Oil
Bec
States Oil & Land
Wilcox Oil Breeeae
Orleans
Woodley Petroleum
Gey Mouton
Savannah
Charleston
Arizona Globe
Norfolk
Wilmington
Baltimore
Canaria
Boston
Cortez
Cresson
Galveston
Diamondfield Bi
Mobile Ani Cevan
Eureka Croesus
Florence Goldfield
Supe Fate
Geet
Golden States Mining
Anne
Goldfield
Ie Hock Ey
Bali
Harmill Divide
Hawthorne
Memphis
Neder
van Washington Post
aAdo
Ted” Pees
Mammoth Setae
Magon Valley
Mohican
New Cornelia
Plymouth
Parmac Porcupine
Ceeeae
Rey Hercules
Silver King
San Toy
South
Continental Mines
Unity Gold
Utah Apex
Wenden Copper
Yukon
Alaska
Oberee
Allied Packer
Allied
Gas & Bi Éa
Anglo-Amer
Atlantic Fruit Inc
Atl
Guit & W. Iba. Ag
Beaver Board
Bethlehem
Boston & Maina És
Cudahy Pack
Deere & Co
Denver R. G
W. I.ne
Detroit City Gas
Detroit Edison
Dunlap Tire & R
Gair
Robert
Grand Trunk
Liggett-Winchester
Morrin & Co
National Distillers Co
New Orleans
Pennock
Phil. el
Pub. Serv. Corp. N. J
Pub. Serv. el. & Gas Gia
Shawsheen
Sinclair Cons
Standard Gas & Elec
Union Elect. L. & P
United Drug Co
United
Webster Mills
BO S
Bogota
Helsingfora
Fr. Nat. M
Solvay & Co
New York Stock Exchange
American Exchange National Bank
Utilities Power & Light Corporation
Chase National Bauk
City of
H. E. Clarke
Ah Page Steph
Eich Ackes
Virginia
Iowa
Minnesota
Wisconsin
New Jersey
Interstate Power Company
Dubuque Electric Company
Dubuque
Eastern
New Jersey Power Company
Atlantic
Atlantic Coast Transportation Company
Electric Light & Power Company
Hightstown
N. J
Jamesburg Electric Company
Dubuque Electric
Loop
Power & Light Corporation
Day
Zimmermann, Inc
Grrl Sen
Utilities Power & Corporation
Utilities Power & Light Corporation, Bie
Utilities Building Corporation
Meet
Rushmere
Busang
Western Power Corporation
NEW York Grain
Bend
W. Lee & Company
Delerate Fler
Moody’s
K Street Properties
W. H. West Company Real’ Estate
15Th Street
Main
Yee