Market Reflects Europe’s Troubles In Global Trade
Special to The Washington Post reports that Europe’s war aftermath continues to unsettle markets. France’s Ruhr invasion rattled Germany and neutrals, spreading financial strain to Switzerland and Scandinavia. Despite steep production, U S industry sees no immediate danger as forward buying slows, suggesting a healthy pause before inflation risks.
MENTIONED IN THIS ARTICLE
Washington Post
New York
America
Europe
France
Germany
Ruhr
Jntirs
Franes
Italy
Wall
Lasting Prosperity Predicted Amid 1923 Market Trends
The piece notes U S Steel maintains about 97 percent capacity, with April output below shipments but no curtailment seen. Railroad equipment Buying remains steady, earnings rising. Hoover and banking leaders in New York predict lasting prosperity as stock markets show mixed activity and rubber prices slump to 27 cents a pound.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Steel Corporation
Hoover
Will Booth
International Chamber of Commerce
Walter W. Head
American Bankers’ Association, &c
New York
San-Her
Olis
Weakness Weighs on London Stock Market Amid Restrictions
Capel Court showed inactivity and broad weakness last week as speculation faced rising facility restrictions. The gilt-edge market absorbed large stock lines and closed flat on the India loan underwriting. Caledonian stock fell after arbitration awarded £10 of ordinary for £109 preferred, with profit taking and liquidation in industrials and state bull continued.
MENTIONED IN THIS ARTICLE
London
Capel Court
Caledonians
Arbitration Tribunal
London, Midland and Scottish
Caledonian
State Bull
Optimism Afloat On Paris Stock Exchange Amid Turkish Sum
Paris reports optimism on the Paris stock exchange despite tension from Berlin Germany's rumored new offers steadying markets. The pound and dollar rise slightly while Turkish and Armenian finance issues cause unease though not panic. Coal market gains pressuring Ruhr coke stocks as French officials urge industrialists to stockpile Ruhr coal and coke ahead of Aften days.
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Paris
Germany
France
Stock Exchange
Berlin
America
England
Bonds Show Higher Trend During Week
Market reports indicate improved prices for railroad mortgages and most industrial company liens on the New York Stock Exchange during the past week. Government bonds drifted downward as investors priced in a higher forthcoming financing rate of 4% and a softer issue flow.
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Italatobelk
Teen Hia
New York
Europe
England
Holland
Amsterdam
United States
A. P
New York Stock Exchange
Bond market shifts as debts move higher on varied news
The week saw gains in metal, sugar, and rail mortgage issues while gas and oil bonds held firm. Notable offerings included Erie Railroad equipment trust certificates, Kansas City Joint Loan Bank farm bonds, Washington Gas Light first mortgage bonds, and Tennessee Electric Power first mortgages with yields ranging from 4.60 to 6.60 percent.
MENTIONED IN THIS ARTICLE
Erie Railroad Company
Kansas City Joint Land Bank
Washington Gas Light Company
Tennessee Electric Power Company
Penn Public Service Corporation
Napoleon's Bay Mare Stuffed In Louvre Museum
A bay mare said to have carried Napoleon at Waterloo was discovered in the Louvre among odds and ends. Bought by an Englishman Cleaves after Napoleon's fall, it died and was stuffed for Manchester Natural History Museum in 1843. The stuffed animal later moved to the Louvre and was forgotten until an antiquarian unearthed it recently.
MENTIONED IN THIS ARTICLE
Paris
Napoleon
Waterloo
Louvre Museum
Cleaves
Manchester Natural History Museum
Manchester
Louvre
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