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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Jul 09, 1924

Page

5

Trading Tapers Off As Gains Hold On Mixed Day

Stock trading turned quiet after morning activity. Gains near from four points appeared briefly while overall volume declined. investors awaited political developments and the Democratic nominating contest. Major industrials and rails showed late gains, with several steels and equipment shares advancing despite a general dull market.

Reough Washington Post York Seasion Stock Exchange Democratc Industria Pavison Chemical Trayers Woolworth Nabe Ational Biscuit United States PRC World Tobacco Iran

Wall Street Gossip and Market Movements Reported

Financial district chatter links Finland loan plans with a British bank syndicate and expected use of proceeds. Bonds and rail stocks move, with City of San Angeles and Petersburg issues yielding around 4 to 5 percent. Market news notes gains in Louisville and Nashville, Southern Railway, and other rails while note word of Argentina shipments and revolving credit looms.

Argentina New York London Central Ilinois Publig Sarvice Company City San Francisco City of San Angeles E Petersburg Fla

Oil Quotations at New York Stock Exchange

New York stock exchange oil quotations show City, Pennsylvania notes for July with a $3 credit balance and 27 492 runs, average 660, shipments 65 954 average.

OW City

Low priced rail bonds push market upward on gains

Special to The Washington Post reports a broad rally as low priced railroad bonds led gains across sectors. Chicago, Milwaukee and St Paul, Erie, Seaboard Air Line and smaller systems advanced with strong crop prospects aiding refunding hopes. Liberty bonds and government issues held firm while industrials remained quiet. The market in New York and foreign exchange stayed steady with varied demand across currencies and bonds.

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Treasury Certificates and Market Notes Across Banks and Exchanges

Treasury certificates rates and maturities listed with bids and offers, including 4% notes due 1924, 1925 and 1938, plus various 4% and 44% denominated terms. Market updates from bourse, New York money market, Baltimore prices for apples potatoes and wheat showing steady to mixed pricing and exchange rates for francs and dollars.

New York Money Market

Investment pitch for first mortgage offerings

The notice promotes first mortgages with adjustable timing for investors. It highlights a favorable rate and urges early reservation of funds, noting denominations as low as 100 dollars. It targets prospective investors seeking flexible funding timelines and accessible entry amounts. It emphasizes securing the investment now even if funds become available later.

Also Mentioned on This Page

Hota Beth Ag la Follette Texas Gulf Toursville Nashville Atlantic Coast Southern Pacific Southern Railway and le Peul New Haven Baldwin Locomotive Mack Truk and Waxwell Wall Street Seeelgi Washington Pos Industrial Mortgage Bank of Finland Financial Lee Hufginson Co Prin Nat Thien Off Company California Southern Consolidated Exchange Louisville and Nashville Wgrfelk & Western Southern Railway Wheeling & Lake Erie Atlantic Coast Line Pittsburgh& West Virginia Seeet NEW York Stock Exchange Libertys Great Britain France Wiely Belgium Holland Norway Sweden Denmark Switzerland Spain Emand Greece Poland Sechoslovakia Jugoslavia Austria Roumania Hrazti Tokyo Montreal Hungary Treasury Radmend Sis Paris Paria Baltimore Maryland Virginia Pennsylvania Equitable Co-Operative Building Ith Agneta Surplus Equitable F ST. N.W John Joy Edson Frank Fpf Reeside Safe Deposit Dept Foreign Drafts and Exchange National Metropolitan Bank Capital 15Th St U. S. Treasury Washington Swartzell, Rheem & Hensey Co 15Th Street N. W Hotel Richmond American Trust Company Richmond, Va Richmond * Realty Corporation Ninth and Grace Streets William Byrd West Broad Street Union Station William Bird Ave Ninth Grace Stvests Wheat, Williams & Co., Inc Berlin
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