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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Jul 22, 1924

Page

8

New highs spark broad stock market rally

Traders pushed stocks to new highs across most groups as gains broadened led by industrials and rail shares. Heavy buying lifted major industrials while steel and copper sectors showed strength amid a general market upturn and higher trading activity.

Stock Slumps Common Off 4 Fonts

Washington Railway and Electric shares show erratic moves amid a drop to 76 and a ceiling near 81 with speculation tied to Potomac Electric Power Company valuation suit outcomes. Preferred stock and Capital Traction show strength while a book on fake promotions and a Savannah Georgia bankruptcy magazine debut in a broader market note.

Morris H. Glazer Washington Railway and Electric Common Potomac Electric Power Company Washington Railway and Electric Company Railway Common Justice Stafford Washington Railway and Hitectric Company Iistrict Capital Traction Riggs National Bank W. Bb. Hord Fifty-third National Bank of Cincinnati Max Isaac Savannah House

Wall Street Gossip and Oil Deals Stir Markets

New York bankers plan public subscription for 235000 Union Oil Co of California shares after Shell interests failed to gain control. Duke Price Power combines in Canada Quebec power project with Grande de Charge development. Schulte Retail Stores declares 28 percent stock dividend alongside quarterly cash dividend. Great Northern Railway reports net income rise to 18067947 in 1923 with six months 1924 earnings at 11500000. Detroit United Railways approves 3000000 bond issue at 3 percent. Car stock in rail and industrials trend up on Consolidated Exchange while Chicago and Eastern Illinois trading shows merger optimism with Missouri Pacific. Boston closing bids list varied stock activity.

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Baltimore Markets Report from the Baltimore Paper

Market notes list fruit and produce prices with scarce detail. Apples from Maryland and Virginia offered in various sizes at 1.75 to 3.50 per barrel or unit, onions and potatoes partially quoted, butter values around 41 to 44 cents, and live poultry including chickens and ducks with mixed price ranges.

Baltimore Sury Gt Nehai Maryland Virginia U. S Leo Pennsylvania

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Washington Ussorions Tre Msi Commission BAERS Pal Sora Sondsinns Hatinaea Fiarye Wadia Ee Ain Ad York von Stewart Warner Chatseur Osteck Palomerey Texas Gongiderudte Mort Errestic Sracie Vorthatn Iana Fondon NEW York Stock Exchange W.A Wall Street Sehulte Retail Stores, Inc Detroit United American Railway Association Missouri Pacific Raita Consolidated Stock Exchange Louisville Nashville Wee Norfolk and Western Wheeling and Lake Erie Chesepeake Texas and Atlantic Coast Line Wheeling and Lake Erie Baltimore and Ohio Gulf.States Boston Amoskeag Calumet Hecla Renge Edison Graanfeld Uipley Oo Masachusetts Gas Massachusetts Mayflower Mohawk National Leather New England Telephone N. H American Maine New Cornelia Nipissing North Butte Old Colony Old Dominion Swift & Co Swift International United Shoe Machine Warren Bros W. B. Hibbs & Sa Booth Fisheries Borg & Beck O City & Conn Ry. c Chi. Cley&Conn Cont Motors Consumers Com Cudahy Eddy Paper Hart S. & Marx Hupp Motor Libby, McNaill & Bby Lindsay Lt McCord Rev. Mator Standard Gas Com Standard Gas John R. Thompson Union Carbide United Paperboard Com Wahi Co, A Wrigley New Orleana Galveston Monti Charleston Wilmin Norfalk Philadelphia Norfolk Breck Houston Memphia Augusta St Louis Avanto Little Rock Montgomery Houston Memphis Bo Little Rock Washington Post Cisne Financial Seseine Ralph W. Lee & Company Colorado Automobile Theft International Bank SOT 15Th St Main S& Serves Union Finance Unite Banking Trust & Mortgage International Finance Ber Standard National & S American Finance Chapin Sacks Corp Roberts Construction Co Wichita Royalty L. Smith Ol Co Ta—Miller Train Control Corp Potomac Joint Brock T.and Bank Brockn and Bonds Lab Br W.W. Washington Star Food & Remedy Miller Train Control Thomas L. Hume Federal-American National Bank Soum Poole Pressenr J. Fisher & Company, Inc 18Th Street Continental Trust Company Capital 14Th & H Streets Mortgage Investment Dept Shannon Luch St.n.w Real Estate Mortgage & Guaranty Corp L. E. Breuninger Jackson Place Treasury Federal Reserve Banks Swartzell, Rheem & Hensey Co 15Th Street N. W Investas
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