Wall Street Delivers Year End Tax Toll On Traders
Wall Street ended the year with losses as traders faced Uncle Sam’s taxes and cash settlement rules. The irregular session saw fears of a January thaw, while commentary targeted France’s debt and international bankers, and notes on notable changes at C D Barney & Co. and associates highlighted year end transitions.
MENTIONED IN THIS ARTICLE
Wall Street
Uncle Sam
U. S. Fontaine
New York
Stockic Exchange
Maine
C. D. Barney & Co
John T. Grier
Co. D. Barney & Co
Refinancing delay noted for Chicago Milwaukee and St Paul
New York dispatch reports the refinancing decision for the Chicago Milwaukee and St Paul Railroad is postponed until final 1924 earnings are computed. M. E. Byram, president, says results won’t be known before February and will guide the road’s refunding move. He expects continued improvement for Northwestern roads in 1925.
MENTIONED IN THIS ARTICLE
New York
Chicago
Milwaukee
St. Paul
M. E. Byram
Byram Oks
Cotton Market Declines on Liquidation Amid Weather Notes
New York cotton prices weakened on Tuesday amid broad liquidation by buyers and bearish crop reports. March contracts fell to 24.50 with a net drop near 70 points from yesterday, while Jan and May reached 24.13 and 24.78 respectively. Exports totaled 63,817 for the day. Baltimore markets show dairy and produce quotes, with treasury certificates listed by Redmond & Co.
MENTIONED IN THIS ARTICLE
New York
Department of Agriculture
U.S
Ck Exchange
Redmond & Co
St. P
Minn
Terre H
ZICH
West
Ind
Cole, & South
BlCol. G
Consumers Power
Con. P. & Bag
Crown Cork
Cuba
Udenver Gas
Eae
R. Gr
R.G
R. G
Hank
D. & RE. G. Rat. Iene
Dary D. G. Corp
Detroit
REE
Det
Detroit River Tunnel
Dom. Iron & Steel
Donner Steel
Caren Ao
du Pont de Nemou Tis
Duquesne L. & P
Duquesne L. & P. Lat Col
Cuba Sugar
Empire Gas & Fuel
Tolae
Hrie
Pr.m
Fisk Rubber Co
Florida West.& N
Florida East
Goodrich
Sense Eee
Goodyr. T. & R
Goodyr. T. & R. Tates
Chicago Grain
Grand Trunk of Can
Grand Trunk of
Can
Chicago
Grey & Davis
Bees
Great Nor
U Bavana el L
E Wall
Bell Tel
TIEN
Steel
Union Ry Bbs
Rap. Trane
Nor
Adj
Gt. Nor
Iowa
Towa Central G
Jurgens
Anton
Kan
City
Kayser
Julian
Kelly Springfield
Lackawanna Deel Ge
Lake 8
M.S
Lehigh Val
Betereens
Lehigh Val. G. Con
Liggett & Myers
Long Island
Lorillard
Louiaville & Nashville
Louis, & Nagh
Magma Copper
Mavati Sugar
Manila
Tal
Maxwell Motor
Bae
Midvale Stdéel Cvt
Milwaukes el
Ser C
Aetens
M Bee
M. Col Gms
T. Pr
K.dt
Mo. Pac
Pacific
Pac
Montana Power
Montreal Tram
Morris & Co
Morris_& Essex
Mutual F. & G
Natl. R
T. & Mex
SIN. O
Ny.c. Rf
Trin. Y. Cent
Seae
Col. Iisa
L. Ab
G. B. LH
Y. N
N. H. & H. Francs
N. Y
Canadies
Tedeb
Wes. & Bos
Niagara Falls Power
York
Lake and Rail
Nord, Ry
France
Nor. & Sou
Durum, Do
GiNor
W. D
Manitoba
Nor. & West
Cvt
Nor. Amer. Edison
Amer. Edison
Nor. Pacific Gen
Pac. Pr. In. G
Bay
Pacific-Ga
New York Money Market Report Summary
New York money market on December 30 shows strong call money at 5.14 percent to 6 percent with closing bids at 5 percent and offers at 6 percent. Time loans firm with 60 to 90 days at 3.4 to 4. So stress on prime commercial paper around 3 percent. Silver price 66.44, Mexican dollars 51 cents.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Liberty 2d
One
Silib
U. S. Treasury
Treas
Belgium
King
Bergen
Bolivia
Bordeaux
Brazil
U. S. of
U.S
U. S
Buenos Aires
Canada
Dom. of
Dom
Chile
Rep. of
Chinese Gort
Colombia
Rep
Cuba
Czechoslovakia
FR. of
R.of
Denmark
Dominica
Tees
Haiti
Hungary
King. of
Marseilles
Mexico
Merxico
Netherlands
Netherlandes
Norway
Poland
City
Queensland
State of
Rio de J
City of
Rio G
Do. Sul
St. of
Sao Paulo
Paulo
Seine
Switzerland
Trondhjiem
Agri
Chem
Amer
T. Col
T. & T. Conv
Amer, Tel
Tel
Am. W. Paper Revis
Andes Copper
Armour & Co
del. Gia
Associated Oi
At. T
3. F. Gen
Atlanta
Birmingham
Charlotte
Atlantic Coast Line
C. Line
Atlantic Refining
Baldwin Locomotiv
Tel. & Cinn
Bell Tel. of
Pa. Sa
Beth, Steel Ist
Beth, Steel
Beth, Steel Ga
Brier Hill Steel Biga
Bkiyn
Edison Bs
New
Men
Trans
Ubklyp
Union Ei
Bush Terminal
Bac
Calif. Petrol. Corp
Canadian Nor
Canadian Pac
Corp., Clinch, & QO
Central of New Eng
Central Pacific
Uches. & O
B. M
Ind. & L
Ind
Also Mentioned on This Page
Comstock Exchange
Washington
Pennsylvania Avenue
Congresa
Foreign Debt Commission
America
Atlantic
Monte Carlo
Ww. B. Hibbs and Company
High Finance
McDonald
Ohio
Carnegie Steel Company
U. S. Steel Corporation
Cowman
Montgomery Ward Common
Sgara Roebuck Common
Montgomery Ward
Harnings
Weber & Heilbroner Company
Industrial Acceptance Corporation
Studebaker Dealera
Arthur J. Morris
Industrial
Fea Corporation
Studebaker
Europe
South America
Argentina
Ad Tof
Air Reduction
Atchison, Atlantic Coaat Vine
Beechout Packing
National Biscuit
Northern Pacific
American Can
U.S. Industrial Ateghol
West- Ingicuse Air Brake
Westingens Electric and Manucturing
Baltimore
Maryland
Virginia
Pennsyvania
Eastern Shore
Western Shore
Treasury
Maturit
Foun
NEW York Exchange
N. Pac. Rf
Im. Gs
SiNor
Statea P. Let & Rot
Ohio River
Old Ben Coal Corp
Ry. & Navig
BR. &, Bs. Ber
R. R
R. Js
Netane
Pore Mara
Ist
Ser. A
Philadelphia Co
Bixs
Philippine Rys
Wean
Port Arthur
Port. Ry
Pert. Ry
Lt & F
Bares
Pub
Cor. N
Tban Ant. & Aran
San Ant. Pub. Serv
A. L. Ry. Adj
A. L. R. Let & Con. És
Ry. G
Sinclair
Sinclair Pips Life
Sinclair Os
Sinclair Oil
Son. Colo. Pow
Lodiskelly Oil
Iron M
F. Pr
Sist
L. & BF. Inc
Lantale
Lssue
Paul Union Depot Ls
South
Porto Rico
Pacific Col. As
Beu. Pacific Cong
Frisco
Bou. Ry. Con
Bou. Ry. Gon
iSou. Ry. St. L. Div
Southweat
Spokane
Standard Gas
Tenn. Eloc. Power
Ry. A. of
St. L
Toledo Trac. Sa
St. L. & West
Union Bag & Paper Gs
Union Elect
Danion Oil of Calif.fs
Union Pac
United Drug Co
Rys. Si. L
U. &. Rubber Ist & Cet
United States Realty
Uteh Power & Lt. Gs
Va—Car
Tbs Ewes
Warner Sugar
Werner Sugar
Bal Western Elactric
West Shore
N.Y
Penna
W. Penna. Pow
Wert. Pac. Ist
Weat. Pac. Temp
Westinghouse
Wickwire S. Steel
Willis-Overland
Wilson & Co
Wilson & Co. Co
Wilson & Co. Cony
Winchester Arms
Ooo
Wisconsin
Youngstown
Moody's
New Orleans
Ae Gulventon
Mobile
Savannah
Charleston
G. Wikaington
Boston
Aeenten
Bevannah
Norfolk
Memphis
Louty
Houston
Little Rock
Itlanta
Dallas
I.ebe
Montgomery
Egates
Pacific Gas and Electric CO
Basler
Tae
Swartzell, Rheem & Hensey Company