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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Jul 17, 1924

Page

8

Prices Rise as Trading Ends Stronger on Wall Street

The Washington Post reports July 17 that stock prices improved near close after a day of fluctuations. Markets showed selective gains with some weakness early, while overall sentiment and the general level firmed. Bargains appeared in demand for grain storage stocks and certain industrials posted gains, though some issues faced selling pressure and mixed results across sectors.

Speres Washington Post New York Stock Exchange Nes Fusca Advan aPtiass Arlen Mars Marland Prilups

Wall Street Gossip and Market Movements

New York reports Jacob Franve elected president of Cosden & Company to succeed Mosden, plans to leave for Tulsa next Saturday. Bank of Cork receivership details and Selden Truck formation case show liabilities of 1,792,344 and assets of 2,018,90, with May 31 dividends. July rail car totals and call money flows reflect trading pressures. New Haven and Pennsy stocks cited amid overall market advance.

Wall Street New York Jiacob Franve Uy Ppaee Wien Haent Zen Bret Enuntet Cosden & Company Siy JS. Mosden Hig Koneguelan Tulsa Smee Vos Pees Ut Vanuat Bank of Cork Dade E Gee Arthir Hal Motoes Corporation JoWe Selden Truck Voramaten Rochester Seluen Voration

New York Cotton and Market Movements Reported

A financial summary discusses New York cotton and treasury holdings, noting steady absorption of floating supply. New Haven earnings surged from 49.8 million to 183.94 million with capitalization rising to 16.66 billion. A National Surety Company executive pledges a tougher enforcement stance, predicting embezzlement costs near 125 million in 1994. Ongoing talks of Norfolk and Western railway sale to Pennsylvania Railroad remain unresolved as market activity continues.

Long Ft Bear Storks New Haven Kross

Rails and Tractions Again Feature Bonds

Special to The Washington Port New York July 17 Bond trading on the stock exchange showed activity in railroad and traction issues led by second grade carrier bonds and local traction company obligations New high records for the year were set in the traction segment Interborough and Third Avenue issues gained on strong earnings while St Paul Katy Francos Mines and New Havens attracted attention High grade rails were well bought while Liberty bonds weakened on profit taking Foreign loans were firm as Brazil settled Kraft bonds rose with improved exchange and various international quotes drifted on mixed sentiment

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Invest Now to Lock In 7 Percent Mortgages

Do not delay in reserving First Mortgages at 7 percent. Denominations start at $100, with funds available soon or now. Rates may fall soon, so consult us before your vacation to secure your investment.

Also Mentioned on This Page

Sy Trea Drustl Sperican Canada Finance Departur Nall Street Ust Haven Railroad NEW _ _YORK STOCK EXCHANGE United States William B. Joyce National Surety Company Norfolk and Western Railway Pennsylvania Railroad Norfolk and Western Pennsylvania Great Britain Val Belsium Germany Ole Sweden—Desmand Denmark Switzerland Studebaker Swartzell, Rheem & Hensey Co Sth N. W Associated Gas & Electric Company Amilion Resisteran Connecticut Kentucky Massachusetts Chase National Bank City OF New York J. J. Mange Ohio Tennessee Staten Island Edison Corporation Staten Island Richmond New York City Mainz Island Edison Corpi Tia Pe Fedora Osocre Tanes T Uding Bend Terest Gabetdimries J. G. White Management Corporation Rustmore, Bisbee & Stern Roberts & Montgomery and Travis, Sperre & Hopkins F Haskins & Sells Edward J. Cheney Ken As & “Rimmerman John Nickerson & Co Federal Securities Cor Hambleton & Co
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