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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Mar 31, 1922

Page

6

Rail and automotive stocks lead broad market advance

New York March 30 stock market shows strong activity with rails and autos pushing upward. Baldwin, Bethlehem, Studebaker and International Motors hit new highs as steel and equipment shares gain, while wheat tariff news boosts the grain market and public utilities like Columbia Gas rise on February earnings.

Baldwin Bethlehem Studebaker Washington Post New York Senate Housa Committee On Reading New York Central Lehigh Valley Wabash Toledo St Louis Southwestern Bethlehem Steel 2Lao Newigh Ground U. S. Steel Midvale

Bond Market Tone Improves Further On NYSE Reports

The New York Stock Exchange bond market opened with steadier demand as investors reported improved tone. Traders noted firmer prices across U.S. government issues and select corporate issues amid cautious sentiment and fresh liquidity signals from major banks.

Rails at New Highs in Active Bond Market

Bond prices advanced with a quieter opening and 28 gains in late trading. Foreign issues rose, led by Japanese 4 44m of 1925 to 90, Mexican 45 and Danish, Swiss, and French municipal loans posting small upgrades amid broad firming.

Washington Post New York Department Zurich Switzerland

New highs in railway bonds lift money market sentiment

In New York money market notes rail bonds led gains with Union Pacific 4s at 93 1 2 percent and B&O 4 1 4s and Southern Railway 4s among leaders. Industrial issues traded actively as Canadian Electric 6 percent debentures offered at 101 to yield over 6 9 0 percent, while a $2 million Jefferson Company Texas road district 1 2 3 4 bonds maturing 1923 to 1952 attracted syndicate bids.

Union ‘Pacific Southern Railway Invincible Canadian Electric Jefferson Company Texas Taylor Hwart & Co Halsey Stuart & Co Stacy & Braun A. B. Leach Co and Lorenzo B. Anderson& Co

United States Bonds and Market Notes Highlight Investments

The report shows $116,330 in total net and other income with a month surplus rise of $31,138. Copper stocks bought late in the day followed vague industry forecasts, while sugar shares were purchased on favorable Cuba legislation rumors. The United Alloy Steel Company posts an annual loss of $87,528 versus prior year profits, with $1,236,000 depreciation and large inventory adjustments contributing to the deficit. Market quotes across currencies and commodities appear, with fr. to 12 in London and various daily price movements noted.

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Wheat import duty boosts Chicago grain market mood

Senate finance committee approval of a 13 cent wheat import tariff spurred wheat futures gains as traders priced higher costs against flour duties. May wheat rose amid speculative talk of reduced imports from Canada and Argentina, with Liverpool advances and nearby lake navigation expectations adding to bullish sentiment. hints of stronger cash grain demand and mixed corn oats moves supported a cautious rally across futures.

Chicago Senate Senate Summities Canada Argentina Liverpool Europe Navi Jay Wits

Baltimore Markets Update From March Listings

Baltimore and New York produce notices detail butter, eggs, creamery products, oats, corn, and hogs with varied prices and availability. Listings include Maryland Pennsylvania Virginia markets, and New York prices for butter creamery eggs and all commodities, reflecting regional demand and shipment notes.

Baltimore Maryland West Virginia Virginia Pennsylvania Miles New York Rocaipta Amve Heiss Cubas Éoue Rr Middle West Jantos

Also Mentioned on This Page

Studébaker International Motors New Haven the Pub Public Ledger Co Wall Street St. Louis San Francisco Isausa Mexican Petroleum Doheny Mexico Intarnational Cement Company Tes Havana Harbor Hudson River Hudson, N Kanawha Coal Operators Association England Columbia Gas Public Utilities Group NEW York Stock Exchange Invincible Oil Money Market United States Bonds Cuba Newew Yorks Ogas A Second Nore PaRis Pricea Virea Péer Cént Rantes Exenangs Lonton Ant “Hive Philadelfria Poperie Pimotay House Tc Am Sirmer Taney Neworks Port Movemient Brook Orleans Galveston Charleston Ita Wilms Mt Fortolk Phil'datonia New Orleans Oueag Xis Abe Savannah Bertal Mobile Maior Idaling Reenipis Ay 'Th Tock Monaton Memphis Ouls Atte Beek Montgomery Hales Atte Rock Alias Ladies’ Dept Ralph W. Lee & Company Colorado Riemer & CO Jaugree Swartzell, Rheem Hensey Co William BD. Hoover Woopsung Shual Prank W. Stone Parchal Wilson Hac & Asst Bavos Baird David Bornet Qlet Woodbury Blair James A Buchanan William Chores Walter G Clenane William VY Cox H. Hamonston Frederck A. Fenning H. Prescott Gatley Wiliam D Hoover Huidekeper Victor KatyTmann Chartes Atingbali Frank WW. Stone Witham Walker Henry K. Willard National Savings & Trust Co Washington Cor. 15Th and New York Ave George W. Whith Johnnson C. Flogy G F. Jacobmon Chas, & Elright Alhert H, Bedford Hckloff J. Gales Moore Savings Dept. of Washington Weaca Canhter Candler DIREC Saaee Rowe Fred Ae Deo Favsy Moore Benderson Charles Jaconery Townley A. Moree Jenna Moose Alston AL Gieace W. White National Metropolitan Bank Capital 15Th St U. S. Treasury
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