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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Mar 17, 1921

Page

5

Sharp Recovery in Stock Prices and Trade Pact Hopes

The stock market rebounded amid short covering as gains spread across sectors, led by steel, copper, autos, and rail shares. News of the Anglo Russian trade pact and hints of lower discount rates buoy sentiment, with labor cost relief eyed for railroads and copper output expected to tighten.

Washington Post New York Atlentic Gulf Norfolk and Western Steel Corporation Russia Lloyd George Entente Germany

Curb Market Review from The Washlextoe Post

Market activity on Broad Street curb was limited with scarce offerings and no clear bid up. Durant Motors held near yesterday’s high as trading in other autos and utilities showed modest volume amid general cautiousness and sparse coal stock sales.

New York Broad Street Durant Motors Studebaker Ateady Beneets Company of América Colombia Emersid Oal Land

Market activity shows oil stocks gain on plan approval

Forenoon trading saw oil shares rise with Guffey-Gillespie at 124 percent and International Petroleum at 14 percent. Elk Basin held steady at 8 percent. mining stocks remained in demand. Reports from San Francisco claimed Henry Ford took a sizable stake in Ureke Croesus. Florence Goldfishd moved with no major change. Texas Company rights traded heavily at 1.5? to 1.7? per share.

Guffey-Gillespie International Petroleum Elk Basin Francisco Pers Ureke Croesus Henry Ford Florence Goldfishd Texas Company

Range of stock prices and currency rates in New York market

New York brokers report varied rates for Mercantile paper and bills. Sterling and foreign currencies show daily quotes with cables and demand figures, plus government and railroad bonds, bank acceptances, and money market levels. The March 15 18 notes reflect fluctuating rates and easing call money amid mixed market cues.

New York Prime Mercantile Paper Ta Ots Guildera Greece Ana Manchester

Moderate gains in bond market stir St Paul report

The Washington Fest report from New York on March 16 notes moderate bond gains amid improving demand after tax payments ended. Liberty bonds led with 40 to 60 cent advances, railroad issues like Southern Railway rising, and Pennsylvanian issues rallying. St Paul 4s fell to 60, while Pennsylvanian general ts paused near 86. Union Pacific converts edged higher, New York Central up, and New Haven stock pressured by a Massachusetts receivership advocate.

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