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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Dec 19, 1924

Page

9

Oil Stocks and Kennecott Rise in 1924 Market Boom

New York report discusses refined oil shares and copper plays led by Kennecott. It notes Alaska and Chile properties, Utah stake, and 76.65 percent holding in Utah with $4 annual dividend. Kennecott’s strong earnings, no funded debt, and large Braden property cited, with optimistic 1926 outlook and possible higher dividends. Col. Thompson predicts 4 million share days as bull market nears.

Harry Byrne Tana Kennecott Sutro and Kimbley Stock Exchange Alaska Chile Utah United States Mother Lode Coalition Mines Company Alaska Steamship Company Copper River and Northwestern Railway Company Braden Manu James J. Godfrey Mother Lode Arizona Senator Clarke United Verde Col William Boyce Thompson Chicago Magma Twentieth Century Limited Wall Street Ww. H. Thompson New York Southwest Col. Thompson West Samuel F. Streit Stock Exchange Clearing House el Coolidge

Range of stock prices in the Washington Post market page

New York reports December 18 averages for fifteen industrials and railroads with daily highs and lows. The industrial index shows today high 111.82 low 109.69, last 110.70, with weekly and yearly comparisons. Railroad figures run 79.92 high and 78.50 low today, 78.88 close, plus yearly and monthly context. The column includes a Found column note offering free owner return ads in the Classifieds.

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Bond Sales on New York Exchange

Bond trading activity on the New York Exchange shows steady demand with several issues advancing. Analysts note strong appetite for corporate securities amid fluctuating interest rates and stable market liquidity.

NEW York Exchange

New York Money Market Opens With Mixed Rates

New York money market reports faster call money with a ruling 3 percent and last loans at 2 percent. Call loans against acceptances stand at 2 percent while time loans show firmer, with 60 and 90 day maturities at 3 percent and 3 4 percent. Prime commercial paper remains at 3 percent. Barativer at 67 percent and Mexican dollars at 52 percent. Paris prices firm on the bourse today.

New York Barativer Paris Dee

Currency Quotes and Loan Rates in Historic Markets

The report lists three per cent rentes at 50 francs 1 centime, exchange on London at 87 francs 65 centimes, five per cent loan at 62 francs 5 centimes, and the dollar valued at 18 francs 69 centimes. This snapshot reflects the era's financial figures and exchange practices.

London

Also Mentioned on This Page

Street The Oils Fontaine Bowling Green Park Avenue Jersey Socony Sisters Ana Lower Broadway Carl Pfersheimer Mr. Doheny John Hays Hammond Mexican Seaboard Harry Sinclair Marsden Colden Independent Oil and Gas J. S. Bache Invincible Russell Sage Mandler Je & & News Henry Ford Toledo and Ironton Henry Ku Klux Diversified Investments Fifteenth Street N. W Washington Massachusetts Missouri New Cleveland San Francisco National City Company 15Th St. MW Wise Investor K Street Properties W. H. West Company Real Estate 15Th St. Main Financial Insurance Mobile Read Ralph W. Lee & Company 7Th P Sts N.W Walter A. Brown H Street Weaver Bros., Realtors 15Th St. N.W Main Swartzell, Rheem Gage & Hensey Company Mort Les
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