Market sees rising Japan loan issue shadowing bonds
In a volatile Bond market traders eyed tomorrow's Japanese loan offering and related foreign issues. Demand from banks supported old loans while new bond terms were debated, with French Scandinavian and South American participants showing interest. Wheat and corn futures showed weakness amid a soft Liverpool market and broader stock pressure, yet some buying remained as investors awaited clearer domestic signals.
MENTIONED IN THIS ARTICLE
Byredata
York
Mab
Corpetrtion
Sansa
Partiermferly
St Paul
Liverpool
New York
Washington and Philadelphia Markets Report Turbulent Trade
Financial notices show brokers buying selling and cloaking, with Washington stock figures and Philadelphia market summaries. Cotton futures in New York fell on weather concerns and mill demand outlook, May slipping to 22.83 and July to lower marks amid profit taking and limited buying.
Bond Sales On New York Exchange Mix With Crop News
Early afternoon reports noted favorable progress in crop preparations while bond activity on the New York Exchange showed tentative gains. Cables from Liverpool referenced a potential dockers strike settlement and a proposal to curtail mill operations in Lancashire using American cotton, with doubts about sufficient votes to implement. Exports today reached 2,958, totaling 4,083,226 for the season. port receipts stood at 16,422 and U.S. port stocks at 65,536, with futures closing at 32.87. In Chicago live stock trade, cattle receipts were 9,000 with mixed demand. hogs and sheep showed varied prices and steady to higher trends, while Paris money markets reported firm rates for three per cent rentes and exchange with London. Oil quotations and freight data also appeared in the day’s notes.
MENTIONED IN THIS ARTICLE
Sonberg Mills
Liverpool
Lancashire
Goodwak
United States
Engenett Ta Ata
First Mortgage Loans To Owner Rates of Interest and Co
Thomas J. Fisher & Company, Inc. reports on owner occupied first mortgage loans and related interest rates. Prompt action urged as market terms and approval processes are outlined for potential borrowers seeking financing.
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