Weak trading in reading issues drives few big moves
The Washington Post reports on January 2 that the market showed limited weakness with no notable declines in Reading issues, while Consolidated Gas, People's Gas, Rock Island and a few others saw firmer activity. Investors remained cautious as speculative trading dominated and leaders shifted among copper, iron and steel sectors amid uncertain policy signals.
MENTIONED IN THIS ARTICLE
Consolidated Gas
People’s Gas
Rock Island
Washington Stock and Commodities Report Summary
The report notes mixed prices across commodities and livestock. Sugar, coffee, potatoes, cabbages show steady to easy demand. cattle and hog markets display varying values with prime cuts higher and common grades lower. calves and lambs show modest gains, while oil, readings on credit values, and shipments are listed with regional figures including Toledo and Indiana.
Livestock Market Report From New York and Chicago
Animal market summaries show mixed receipts in New York and Chicago with cattle and hogs at varying levels. Veals and calves price ranges listed. sheep and lambs moderate to slow. poultry and dressed meats reflect steady to soft demand. regional prices for butter cheese and vegetables included. Notable notes on Canada allowing United States horses to depart via Ottawa corridors.
MENTIONED IN THIS ARTICLE
New York
Chicago
Canada
United States
Cansul
Ottawa
Lanedian
Viewinia
West Virginia
Southwest Virginia
Tennessee
North Carolina
New York State
York Imperial
Alice- Maria Pippin
Ben
Davis
Wall Street Inertia Persists Despite Rumors Of Dividends
The Washington Post notes that despite recent passes of gas, steel, and currency events, Wall Street shows little market impact. Rumors of a 1 percent dividend from Brooklyn Rapid Transit circulate ahead of a directors’ meeting, while London gold holdings progress slowly and Bank of England optimism remains muted. Trading opens briskly but turns weaker with declines in standard shares and a late selloff led by Union Pacific, amid sporadic gains in Denver and Rio Grande and strength in certain gas stocks.
MENTIONED IN THIS ARTICLE
Denver
Rilo Grande
Brooklyn
People's Gas
Consolidated Gas
Rock Island
Union Pacific
Local stock activity and real estate notes
Local stock trading shows preferred and common shares of Spock's Wishinitton Railway and Electric Light Company in demand with price advances and bid activity. Bond bids rose for Anacostia and Potomac River Railway and City and Suburban Railway. Real estate reports list sales on First Street NW, Wilton apartment sale at 340,000, and a Clifton Street storage warehouse project planned by a Boston architect.
MENTIONED IN THIS ARTICLE
Amalgamated Copper
Kansas City Southern
American Car and Foundry
Kane City Southern
Am. Car and Fay
Lowleville
Nashville
Eouls
Aiinn
St. P
St. Sto
sulAmer
Missouri Pacific
American Locomotivs Ptd
Hos. L. Hume
Washingat
Regtme
York Central Ton Stock Exchange
Smelting & Henry
New Y
Ontario
West
Washington
Norfolk and Western
Potomac Electric Light
Northern Pacific
Washington Ry
American Woolen
BO Pacific Mall
Anaconda Mining Co
Atchison
AB Ky
Ay c
Weshington Gas
Asta
St Sals
Bell Telephone of
Baltimore and Ohip
Pullman Palace
Rice Union Saving Bank
yGaltimore
Ghlo Pd
Biel Spring
ATKAT
BRE National Bank
Mrooklyn Rep
ESI
Washington Gas
Canadian Pacific
Republic Steel
Nai Wycentral Leather
Stock Island Co
Ate
Tees
Georgetown Gan Ss
Lentral of
New Aoeeey
Rock Island Ci
Chesapeake and Ohio
Edgigt. L
S. Fran
Chicago and Alton
Lous Southwestern
Chicago
Ptecces
Aalchicago
Tnd
Northwestern
St. Louis
Sourhern Packie
Colorado Evelant Iron
Atta
J.sno
Southern Railway
Columbia
J.lve
Colorado and Southern
Trailway
Texas and
Pacific
TOK
Hes
Potomac
Denver and
Rio Grande
Union Pacitte
Rio Grande Pi
Kita
BLY. Ry
Emerson Steam Pump
Wonunion Pacite Ptd United
Ouierle
Etzlex Stes
ntarborough-Met
Surry
Interbocough
HiWestinghouse Electri Statia
International Paper
Western
Uolon
GSA
Mergenthaler Linotype
International Paper Ptd
Wheeling and Lake
Lanston Monotype
Wisconsin Central
Otowa Central
Greene-Cananea
Mitchell Minag
National Bank
W. B. Hibbs & Co
Bankera
American
York ‘Stock Exchange
Hipbs
True
Washington Stock Exchange
Lincoln
American Security and ‘Trust
National Saviage
Union Trust
United States Trust
Home Savings
Union Savings
Arlington
Anita
Metropolitan
Spock
Wishinitton, Railway, and Leetric
Local Stock Exchange
Anacostia and Potomac River Railway Company
City and Suburban Railway Company
Stone & Fairfax Real, Estate Corpor
Ion
First
Purcussor Ia
Francis A. Blundon
Wilton
Seventeenth Street
Franklin T. Banner
Sierbert C. Lord
Boston
Clifton Street
Thirteenth
Fourteenth
New York Money Market Summary Jan 28 Money Rates
New York money market shows easy conditions with short term rates around 1 percent and 2 percent on various maturities. Time loans for sixty days quoted at 4 2 percent, ninety days at 2 capitalization 3 percent for six months. Commercial and domestic paper rates listed, sterling exchange steady with bankers bills at par for sixty days and higher for demand. Government bonds noted as already priced. railroad bonds irregular.
MENTIONED IN THIS ARTICLE
New York
Ateacher
Prima Merentile
Mong
Alxty-Dey Dilly
Honda
New York Grain Prices Steady Amid Trade in Wheat Corn
Wheat receipts 1 201 bushels with about 10 200 bushels on ex. pot barely steady. No 2 red 110 f o b afloat. No 2 hard winter 115 percent p b afloat. May wheat at 1.109. Corn receipts 19 135 bushels with spot firm for No 9 71 elevator and No 2 white nominal. May and July futures closed higher. Oats receipts 77 400 bushels with mixed prices and 64 e Ti.
MENTIONED IN THIS ARTICLE
Boston
York
Alban
Hoon
Maine
Hoxton
Pew
Mailer Longs
Am .Pel
Tel
Am. Woolen
Tueeda
Massachusetts Electric
Massachusetts
United Shoe
Coaiti
James
Arizona
March
Shorts
U 8A
Llamet and
Heela
Thia Centennial
Rance
Salk iv West
Notul Emile
Shannon
Ceteportine
Pelvats
Jess Southern
New York
Chicago Subway
Mareh
Gora Central
Maes Neear
Cumberland-Ely
Nevada
Eee Devesaber
Sipitalug
Etec
Washington
Duluth
P. B
Chicago grain market ends steady amid light demand and rains
Wheat futures edged lower with May 1.07 and July 0.97, while corn and oats closed steady as local buyers supplied support. Receipts rose, rains in Iowa, Nebraska, and Missouri favored corn selling, and Union National Bank of Summerville resumes business after regulator-approved recapitalization.
MENTIONED IN THIS ARTICLE
Chicago
Jan
Minneapolis
Duluth
Iowa
Nebraska
Missouri
Generu
Union National Bank
Summerville
a@ recaiver
Glock
Treasury records show funds and reserve balances and notes
The document lists general fund totals, available cash balance, reserve fund, and trust funds. It notes outstanding gold and silver holdings, treasury notes, and certificates, with figures in the tens to hundreds of millions and a total stated near 432 billion in a historical ledger.
MENTIONED IN THIS ARTICLE
Eyncae
Citi Gondiwen
Treasury
Ostte
Islon
Metal market report shows declines in London and weak local trade
New York dispatch notes a sharp break in the London metal market with spot and futures lower for copper and other metals. Local market is weak and varied with prices for lead zinc and iron ore steady to unchanged, while laundry Northerns and sahs show modest ranges.
MENTIONED IN THIS ARTICLE
New York
London
Dlacumrket
Irom
Cleveland
Tocal
Coal Sign of Prosperity in Pennsylvania Rail Line
Special to The Washington Post reports that the Pennsylvania Railroad shows early 1924 coal movement gains. From Jan 1 to 23 east of Pittsburgh and Erie, 4,118,196 tons of bituminous coal anthracite and coke were shipped, up from 3,049,950 tons year prior. Week ending last Sunday totaled 1,021,063 tons, first time in sixteen months shipments topped the million mark.
MENTIONED IN THIS ARTICLE
Washington Post
Pittsburg
Pennsylvania Railroad Today
Erie
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