Day's Trading Marks Strength in Rails Market
A turbulent trading day shows strength in rails and related issues. Major industrials rise on heavy demand while utilities stay mixed and several high-profile stocks retreat late in the session.
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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jul 08, 1924
Page
6
New Tax Law Redefines Capital Gains Reporting
An article explains the 1921 era tax reform defining capital gains and losses, capital assets, and how gains are taxed. It contrasts old law with new rules, detailing how taxable amounts are computed and how business losses affect tax liability.
Live Stock Market Summaries From Chicago and New York
Chicago receipts show cattle at 26 000 fed steers and yearlings off 22 to 40 cents with heavy demand for long fed steers and bulk numbers around 975 for fat cows. hogs at 69 000 with strong to higher prices. sheep and lambs 25 000 with lambs 25 to 50 cents lower for some categories. New York cattle, calves, sheep and hogs receipts mix with steady to higher tone on calves and hogs, cattle prices up a notch, sheep and lambs firmer on lighter offerings. Paris money market reports dull trading, three percent rentes at 53 francs 20 centimes, dollar at 19 francs 0.5 centimes.
MENTIONED IN THIS ARTICLE
Louis & Nash
Alaska Juneau
Cham & Dye
Macy
TVA Hille
Manhattan
Maracalbo
Marlin Rockwell
Am Express
Martin Parry
Mat Alkall
Hide & Leath
Middle States
Internal Corp
Midland Steel of & St Louie
Kan & Ter 3A
Asmany
Ula Missouri Pacific
Kan_& Tex
Sugar Refining
Montgomery Ward
Telca
Ryaltsa Hake
Moon Motors
Munsingwear
National Aciné
National Biscuit
Dept St
Wallal
FT el Pig
Tex & Mex
Arnold Constable
New York
Central
Atchison Ca
Cent_& St L
Atchison F
Atul Noy
Ont & West
North Ameree
North Amer
Northsra Pac. Fe
Nunnally Co 11
Gilahoma
Baltimore & Ohio
iOntario Biter
Barnendall Corp
Iony
Bethleham Steel
Booth Fisheries
Brooklyn Edison Cb
Gila Try
Bkiyn Mann Trans
Otia Steel Elevator
Bkion
Pac Gaa & Elect Pt
Hkle Tinn Ma Cay
BTM Bo
Ak Birns
Ty Ata
Pacific
Butte Cor & Aine
Packard Motor
Butte & Sip
Pet Bay
Tal Petrieum
Park & Tilford
Penn Coal & Coke
Ly Bu
Callahan Zint
Pennsthania R RR
Canadian Pacific
Ite Ae Ee
Penn Seaboard Steel
Plewty People Gas Chicago
Pere
Marquette
Qqant
Philadelphia Co
Calbah
Ah Ye Pr & R Coal & Iron
Chandier Motor
Ay Phillips Petroleum
Chess& Ohta Ray
Katyaan
Nerce Arrow
Ereree Arrow
Hhaga
Alten
Chicago & Alt “Hl & Gew
M & St P
G&n West
N West
T & Pac
Ry & P
Pullman Co
Chile
Ray Consol Co
CC_& St
Reading Co
Uetl Peaboa
Tyal Gas & Elec
Colum Carbon
Fe Steel
Repub
Tron & Steel
Royal Dutch
Royal Dutch Rts
Consol Gap
Agi
St Josepn
Aay ' Onaol Textile
St Lous & San
St Louis Southwestern
St Louis South
Cosden
Savage Arma
Crucible Steel Cal
Naly Bis
St Schulte
Cubs Cane
la Ld
Ota
Schulte
Cuba
Seaboard Air Line
Seab Air Line
Sears Roebuck
He Simmons Co
Gay St
Boone Wool U
Ably Simmons Co
Datison Chemical
Simms Petroleum
Detroit Badison
Erie
Sterling
Stewart Warner
Fifth Ave
Rig Fisher Bods
Texas Co
Ty Fleischmann Co
Ag ' Brmi
Baw Foundation
Texas & Paol
Freeport-Texas
Tim Rolijer
Bt Underwood Ty
Aon Petroleum
Union Pacific
Tae Goodrich
Mney
States Steel
United Dvewood Ray
Stariman Carp
United Rv
Cirr & F
Houston
TLS Distributing
Tistrib
Hupp Motor
Lliiners Central
Tiiineois Central
Awe
Intet Cement
Mere Marine Ry Blei van Raaite
Mere Marine
Virginiia Caro Chem
Virginia Rv & Pow
Waldorf System
Gewell Tea
Ag Heilbro
Shans City P&l of
Ery
Weber Gilta
Lou
Melis Farga
Kayser
Weat
Maryland
Aigate Katser
Bilga
Maivid
Heily
Springfield
Tye
West Blert
Kelly Spring RT Ff
Weelern Pacific
Kenner Vtt
Copper
West Penn Co
Kevatone Tire
West Penn Ce
Kinney
Westingh Fl
BM Kresge
Ann
Wheel & Ta Tt
Wiehreage Dept Store
Ortilard Co
Gen Motors Gen Morpe
Chicago
Guly
United States Department of Agriculture
Cattla
Baltimore
Paris
London
France
Cottonseed Oil Market Prices Report July Trade
Nesork notes July values for cottonseed oil futures with prime crude 925 nominal and summer yellow spirits 1470m. Prices show July close at 1970, with September at 987 and December 685. data covers multiple contract months and finish levels.
MENTIONED IN THIS ARTICLE
Nesork
Foreign exchange rates and demand notes
Foreign exchange quotations show steady changes with Great Britain and other nations. Banks report demand, cables, and calls across multiple currencies including Belgium Germany Italy Japan Argentina Poland and Hungary with varied percentage levels and daily figures.
MENTIONED IN THIS ARTICLE
Otark
Tulsa
Great Britain
Ital.x
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czechoslovakia
Austria
Rumania
Argentina
Montreal
Hungary
Taxpayers urged to split income to cut taxes
The article explains new tax law choices on capital gains vs ordinary income. It uses John Jones, a married taxpayer, to show how separating stock gains from business income can reduce total tax by choosing capital gains rates on stock profits and ordinary rates on business income, depending on holding periods and amounts.
MENTIONED IN THIS ARTICLE
John Jones
Jones
Tn Hla
Imocome
Atock
Wall Street Gossip About European Affairs and Market Moves
Financial notes from Wall Street discuss European premier plans and settlement talks with sterling strength. The report covers stock activity in 1920s markets, including Cosden shares, Hartman Corporation updates, and coffee market signals amid global shifts.
Federal Reserve review notes mixed hopes in industry
The Fourth Federal Reserve district report cites strained production yet signs of recovery in iron and steel. Profit taking on September contracts eased to 1470, December to 14, with unemployment rising and operating time curtailment down. Mahoning valley in Ohio shows brighter outlook amid renewed demand. overall output remains under pressure as recession lingers. New York money market shows call money around 2 percent with various time loans at 2 to 3 percent.
MENTIONED IN THIS ARTICLE
Federal Reserve District
Iron and Steel
Mahoning Valley
Ohio
First Mortgages Offer Attractively Rated In Washington
The article notes expectations of a near term decline in interest rates on first mortgage investments in Washington. It mentions declines already seen in other securities and the New York money market, and urges investors to reserve funds now for available First Mortgages offered in denominations as low as $100.
MENTIONED IN THIS ARTICLE
Washington
New York
Also Mentioned on This Page
Pas New Fork
Mordena Rey
Rent
Acral Shire
Hove
Port Oy Dee
Normans Bt
Peeterre
Roy Fenass
Ren Endeus
Vanla
Bethlehem
United Star
Ananamon
Xerke
West Penn Power
Sssanorg
Partion- Sange
Tobar
NEW York Stock Exchange
William P. Hem, Jr
Ees
Boston
W B Hibbs & Coy
Aid
Armour Pe
Rani
Bry Key Armour Armour of
Thygy
Armour Leather
Basaick Alemitenly
Borg & Back Co
Che City &C
City & Cc
IAL Titles &Trust
Fam Edison
Motors
Cudahy
Daniel Boone
TR Deere
Fdison Electric
Middle West
UHI
Treenfield Tap
Middle West Util
Islan Creek
Len
Libby Mont Ward
Massachusetts Gas
Mont Ward A
Assapachusetts Gas
National Leather
New England
Pick & Cork
Public Service
Warren Bros
John R. Thompson
Union Carbide
United Paperboard Com
Washington Post
Wrigley Ae
Treasury
Redmond & Co
Fo Ag
Wall Street
Whch
Geat Brian
Frances
Meet
Radun Laromaeve Warka
Tnt
Amarives
Thetas
Treaoin
Cohda
Pe Fedora Peserse A
Hadstr Tin Mere
Dave
Hartman Corporation
Martinique
Sixteenth Street
Hotel Martinque
Studebaker
Federal-American National Bank
Jone
Ralph W. Lee & Company
Colorado
Automobile Theft International Bank
ROT Ith
Union Finance
Nking Trust and
Mortenge
National Mort and Invest
Chapin
American Finance
Tar Motors Inc
Wiahite
Mitler Rah Couteor Ty Wiesly
Riemer & CO
15Th St
Washington DC
Bie Re
Ewest
Thomas J Fisher & Company
Lex Traini Street
Commercial
Nat’l. Bank Building
N.W
Swartzell, Rheem & Hensey Co
15Th Street
N. W
Investa
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