Exchange Rates Rise Amid War Market Shifts
War developments dominated the New York stock scene with gains in war stocks and a late recovery to parity or above last week’s close. Domestic news on equipment orders and better western prospects supported sentiment, while tensions with Germany and Italy shaped exchange markets and cargo outlooks amid mixed crop reports.
MENTIONED IN THIS ARTICLE
New York
Italy
Germany
Bethlehem Steel
Colorado
London 4
Domstic
United States
New York Bond Market Report May 24 1929 Prices and issuers listed
Bond list from New York market notes numerous issues with prices and series. Entries include American Agricultural American Cotton American Tel & Tel American Smelting Armour & Co Atchison Atlantic Coast Line Baltimore & Ohio Bethlehem Steel Brooklyn Transit Central Leather Chesapeake & Ohio Chicago Great Western Chicago Milwaukee St Paul Erie Interborough Metropolitan Kansas City Southern Missouri Pacific New York Central railroad Pennsylvani a Republic Steel Seaboard Air Line Southern Pacific Union Pacific Wabash Western Union and other bonds with varied coupons and maturities.
MENTIONED IN THIS ARTICLE
New York
American Tel & Telcy
America Tobacco
Armour & Co
Atchison En
Atchison
Atlantic
Baltimore & Ohio
Bethlehem Steel
Brooklyn Transit
Center of Georgia
Central Leather
Chesapeake & Oto
Chesapeake & Ohio
Burl & Quincy Joint
Burl & Quincy
Chicago Great Western
Mil & St Po
Chi Mil & St P
Chi Roi & Pas
Chicago & Northwestern
Colorado & Southern
Denver & T Grande
Erie
Greit Northern
Uiinaia Central
Interborough
Kansas City Southern
Hue
New York Railways
NH & Hocr
Norfolk& Western Ev
Northern Pacific
Northern Pacitc
Wa Oregon Short Line
Tel & Tel
Pennsylvania
Pennaylvania
Fennastvania
Ray Consolidated
Readius Wen
Republic Steel
Aeacity
St Louis & San
SBR
Louis Southwestern Con
Seaboard Air Line
Southern Belt Tel
Southern Pacifie
Southern Pacific
Raf
Southern Parifiery
Southern Railway
Ren
Texas Company
High Leans & Pacific
Third Avenue
Adj
Union Pacific
Union Pacificry
L' S&s Rubber
U8 Steel
Chemical
Aest
Western Union
Westinghouse
Lehigh Valley
Atlis
Alaska Gold Mining
Maxwell M
Minn
St. L
Ams Car and Fay
St. P
Hide
Mo. Pacific
New. Co
Merican Tobacco
Y. Central
Pacific Mail
Penn. R. R
Bald
Loco
Peoples Gas & Co
Pitts
Coal Tereceee
Baltimore
Tata
Pressed Steel
Chicago
Baitopolis
Ry. S
Ray Con
Brooklyn R. T
Reading
Butte and Superior
Rap Ir. & Steel
California Petrol
Rep. Ir. & Steel
Western
California Petrol Ptd
Rock Island Ptd. i
Canadian Pacific
Rumely
Rumely Ptd
Chesapeake and Ohio
Chicago Gt. West
Beeves
Seaboard A. L
R. J
Seaboard A. L. Pfa
Wic
C. C
Pfa
Sears Roebuck
Veak
China
Sloss
I. T Sdtel
Col. Fuel and Iron
South
Pacific
Consolidated Gas
Southern Ry
Southern Ry. Pfi
Studebaker
Crucible Steel
Crucible Steel P
Texas
Het Ee
United Ry
Pav
U. S.C
General Electric
TY Peal
Goodrich B. F
G. S
Goodrich
U. S
U. S. Steel
S. Steel
Utah
Iminois Central
Wabash
Wabash Pth al ‘i Westerna
West
Marylan
Kant. City Booth
Woolworth
Liberal
Kings B. L. & P
Lack. Steel
Willys-Overland
Cottonseed Market Prices Reported In New York
New York May 24 Auction notes show crude oil futures for cottonseed oil with mixed quotes for months ranging from May at 6.33 to December at 6.70. Prices for prime winter and yellow and summer white near 6.80 with several monthly figures listed.
MENTIONED IN THIS ARTICLE
New York
New York Money Market Snapshot May 4 New York
Mercantile paper quoted 34 4. Sterling exchange steady with 60 day bills at 4.7575 and cables 4.7885 for demand 4.7835. Bar silver 49% Mexican dollars 38. Government bonds steady railroad bonds irregular. Time loans steady 60 days 2% 2% 30 days 2% 3 six months 3% 3%. Call money steady high 2 low 1% ruling rate 1% last loan 2 offered at 2.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
Sterling Exchange
Wall Street Gossips On War Orders and Bond Markets
New York May 24 The group of war order stocks grows daily as dividends from steam railroads and traction firms total 17 970 853. Interest payments for June expected to reach 114 million, with bonds trading down to a record low. Rock Island Railway and United States Steel face dividend and collateral notes, while analysts cite confidential guidance figures for profits in several big firms.
MENTIONED IN THIS ARTICLE
Smilar
New York
United States Steel
Butte and Superior
New- York Stock Exchange
Rock Island Railway
New York Stock Market Prices Reported For Commodities
New York market notes steady butter and flour values with receipts for butter at 7,268 and egg reports firm with various grade prices. Cheese, poultry, cornmeal, rye flour and sugar prices listed, including specific ranges for pork, beef, lard and refined sugar products.
Live Stock Markets Ex Dividend Report
Live stock markets report ex dividend with total sales reaching 531125 shares, up from 363.
Pere Marquette Railway to Be Sold at Auction
Federal Judge Arthur J. Tuttle ordered the Pere Marquette Railway system sold at public auction on October 1 in Detroit. The sale follows a petition by bondholders after lengthy court actions and investigations. Claims against the system exceed 38 million.
MENTIONED IN THIS ARTICLE
Tuttle
Detroit
Mich
Michigan Avenue Addition
Washington
Mesars
Barden & Liem
Hheir
New York Grain Market Report Makes Mixed Movements
Spot tones show irregular grain prices with No 2 red at 1 61 2 cents, No 3 hard at 1 63 cents, and northern Duluth No 1 at 1 58 cents. Futures ease. corn and oats hold firm with standard and white varieties. rye steady around 129 cents fob Buffalo. barley quiet for malt.
MENTIONED IN THIS ARTICLE
New York
Duluth
Manitoba
Buffalo
Chicago Grain Markets See Unsettled Close Amid War News
Chicago May grain activity shows little change overall as world tensions weigh on wheat and corn. Prices drift. wheat around 1.54 to 1.56, corn inching up, oats mixed, and provisions hold steady. Cash grains list specific No 2 red wheat at 1.54 to 1.56 and various yellow corn and white oat quotes. Futures reflect modest moves with May and Sept contracts trading between 18.00 and 10.60. New York cotton coverage follows.
MENTIONED IN THIS ARTICLE
Chicago
Italy
Austria
Wales
New York
Oil Quotations Report from Ol City May Two
Credit balances show 1.35 ending with 1 1.35. Runs listed as 177 178 and average 38.40. Shipments total 62 971 with average 45 872.
MENTIONED IN THIS ARTICLE
Ol City
Baltimore Markets May 24 Butter Eggs Poultry Prices
Baltimore market report lists oats and poultry prices for various weights and kinds, with butter and egg quotes from Maryland Pennsylvania and neighboring regions. Includes live fowl, ducks, puddle ducks, Indian runners, creamery butter grades, dairy prints, and eggs by region with numeric per pound values.
MENTIONED IN THIS ARTICLE
Baltimore
Peking
Maryland
Pennsylvania
West Virginia
Metal Market steady in New York as holiday in London looms
Coopper steady in New York with electrolytic at 1875 to 1900 and casting at 1837 to 18.75. Iron holds firm with No 1 Northern 14.50 to 15.00, No 2 14.25 to 14.75, No 1 Southern 14.00 to 14.50, No 2 12.75 to 14.25. London market observes holiday.
MENTIONED IN THIS ARTICLE
New York
Northern
Southern
London
Local Produce Market Wholesale Prices
A dense price list for wholesale produce and poultry. Alive poultry items show per Ib rates for hens roosters ducks and turkeys with ranges. dressed poultry and eggs, cheese and butter quotes follow. Vegetables and green fruits cover potatoes tomatoes lettuce peppers spinach okra carrots beets string beans eggplant cabbage onions and citrus with varied unit measures and crate or basket prices.
MENTIONED IN THIS ARTICLE
New York State
Virginia
Florida
North Carolina
Texas
California
Washington cattle market report with mixed livestock figures
Receipts of calves and lambs are light while hogs and veal calves show steady demand. Figures listed include hogs 7 8, veal calves 9 4, lambs 10 10, small hogs 9 10, and layse 8 814, reflecting a fluctuating market in a compressed, OCR damaged summary.
Financial and business notes from Washington stock market
Market opened steady with little pressure to sell as shares showed modest strength. Lanston and Capital Traction small blocks traded. paying power remained but bidders were cautious. Bond sales limited. agriculture reports show wheat and barley acreage rising in Spain and Argentina harvests up in oats flaxseed and wheat with notable increases.
MENTIONED IN THIS ARTICLE
Washington Stockington
Fana & Washington Exchange
Pew
Lanston
United States Treasury reports deficits and asset totals
The Treasury operation report shows a net general fund balance of 2,898,063 with a yearly deficit of 107,410,835 versus 39,228,985 last year, excluding Panama Canal and public debt. Revenue receipts for the month reach 2,112,782.64, with ordinary disbursements of 2,849,570 for the day and 40,056,210.58 for the month. Total assets include gold coin 50,787,962.24 and other securities, with total cash assets in the general fund at 243,? million and bank notes redemption totaling 1,999,440,305.07.
MENTIONED IN THIS ARTICLE
United States Treasury
General Fund
Treasury Office
United States
Treasury
Federal Reserve
Bliyer Builion
Philadelphia Markets Report From May 24 Trading
Philadelphia markets show butter steady with Western creamery extras around 28 and 31 for nearby prints. Eggs hold steady with firsts 6 1/2 to 6 3/4, cheese flat at New York yet cream around 17 1/4 to 17 1/2, wheat and corn mixed with No 2 red at 1.52 and corn at 75 to 90, oats steady near 69.
MENTIONED IN THIS ARTICLE
New York
Hennery
Kansas
Philadelphia
Western Creamery Extra
New
Duluth
Army and Navy News Leaves of Absence and Details
Army and Navy notices list several officers with leaves of absence and details to new assignments. Col Henry D. Styer, Maj Smvight B Aultman, Capt William D. Smith, Capt Harry A Heghman, Capt Harry L. Morsh, Capt Harry F. Rethers, Lt George B. Callender, Lt John P Kelly, Lt Henry A Meyer, and others are reassigned or detailed to posts such as Watertown Arsenal, Vicksburg National Cemetery progress, Hawaii, San Francisco, and the United States Military Academy. One officer, Lt William Weggenmann, is dropped from rolls after three months absent without leave.
MENTIONED IN THIS ARTICLE
Henry D. Styer
Smvight B
Aultman
Sixth Field Artillery
Army War College
William D. Smith
Coips
New Orleans
Vickaburg
Vickeburg National Cemetery
Harry -A
Heghman
Quartermaster Corps
Harry L. Morsh
Coast Artillery Corps
Ordnance Department
Watertown Arsenal
Watertown
Mass
Harry F. Rethers
Ninth Infantry
Went Point
George BR. Callender
Medical Corps
Fort Bayard
N. Mex
Hawaii
John P Kelly
Medical Reserve Corps
San Brancleco
Cal
Army Transport Service
Henry A. Meyer, Jr
Tenth Cavalry
Fort Bills
Tex
Galveston
Harry N. Kerns
Pacific Branch
United States Disciplinary Barracks
Alcatraz
John S 0. Fielden
Fort du Pont
Del
Belvair
Stephen H. Smith
Presidio of
Monterey
San Francisco
Clipford L. Miller
Fifth Infantry
Fort Ethan Allen
William H Weggenmann
Rolls of Army
Naval Orders and Ship Movements Report 1915
Commanders and lieutenants are reassigned to Naval War College Utah and Baltimore duties. Sailed and arrived ships listed with routes and docking points. Swedish envoy counts Claes Bonde departs for Panama Exposition bearing King Gustave V message. Public auction opens for Michigan avenue lots amid brisk attendance and promotional gifts.
MENTIONED IN THIS ARTICLE
Sweden
Claes Bonde
Legation
Gustave V
W. A F. Eckengren
San Francisco
Ashington
City News in Brief Highlights From Short Item Mix
1914 15 merit awards for Corcoran School of Art pupils Friday evening exhibition to follow. Secretary Wilson to address Raleigh NC agriculture class today. National Junior Republic annual board meeting near Annapolis Junction. Train from Union Station noon fares set. Walter F. Rogers notes welcomes. Funeral for Charles Beall 71 at Foundry Church. interment Glenwood. Rev Curran recovering from illness. All Faith pulpit filled by Rev Atkinson. Mrs Chrissie Porter services at 900 C Street NE. pallbearers listed. interment Glenwood. New electric fire alarm horn at Ninth and F streets tested. expansion planned. The Sign of the Cross shown at St Dominic’s. May Bronson vocal solo. lecture on stockmen in National Forest. St Rita novena at St Martin’s ends with roses. Virginia Nottingham marriage to Lawrence Nottingham announced by parents. Dr Edgar D. Thompson joins Safety First Federation exec committee. May Raymond Pullman attends police chiefs convention in Cincinnati. Maj Sylvester also travels with group. Milton School invites 2000 graduates to eighth anniversary events May 25 to June 1. John Burke to speak at Government Hospital for the Insane memorial Sunday. Spanish War Vet camps and Grand Army participate in exercises. Atlas Congregation Ladies Auxiliary benefit at Columbia Theater Thursday. “The Girl of My Dreams.” Milton anniversary events begin with a Maryland building reception.
Illustrated lecture on Europe at outbreak of war
Thursday evening an illustrated lecture on Europe at the outbreak of the war will be given by a teacher who was abroad at that time.
MENTIONED IN THIS ARTICLE
Europe
New Park Area in Dispute Over District Powers
The District commissioners study their authority to block four proposed dwellings on Belmont Road NW within the Potomac Rock Creek park connection area. Residents petitioned against granting permits amid fears the parkway bounds could be altered to dodge condemnation costs. Congress ordered land condemnation for park use, but no appropriation exists, raising questions about the district’s power.
MENTIONED IN THIS ARTICLE
Congress
Potomac Park
Rock Creek Park
Corporation Counsel
Belmont Road
Twentieth Street Northwest
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Boston
Alaska Gold
Allousz Minin
Baly Centennial Ming
China Mining
Copper Ranges Consolidated
East Butte Mining
Franklin Minnus
Geanby Mintyg
Qreene-Canayan Mining
Lake Mining
Miami Minire
Mohawk Miwiaseke
Sane
North Butt Mining
North Lake Mining
Lark Kay Consol
Shannon Mining Superior Ayining
United Fruit A
United Shase Machinery
Utah Cope Cer Mining
Curb Market
Alaska
Juneau
BBY
Braden Copper
Brit.Am.Tobacco
Havana Tobacco
Lehigh C
Riker-Hegeman
N. I. Ld
N. J
Sub. P. PB
Indiana
Kentucky
Nebraska
Ohio
United Cigar Store
United
Wabash Rd
W. i Wii
Wabash B
Yukon
Baltimore Securities
Houston
United Rys
Borda
O. Mand C. Sa Bo
U. R
N. Co
U. R. and
Panama
Wat
Wall Street
NEW York Stock Market
NEW York Grain
Chicago Grain
Male
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Mobile
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Mdlg
Repts, Shipm
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Memphis
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St. Louis
Cincinnati
Little Rock
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Ieraphie Mae
St. Loula
Local Produce Market
Washington Cattle Market
International Institute of Agriculture At
Rome
Department of Agriculture
Spain
Argentina
Local Stock Exchange
Washington Gas
Lanston Monotype
Washington Railway and Electric
Capital Traction
Georgetown Gas Cart
Georgetown Gas
Columbia Gas & Electric
Capital Traction Co
River R
Alex
Mt. V
Tel
Telag
Teleg. Co
Col
Wash. Market Co
Joe Wash. Market Co
Norfolk & Waah
Ame Realty
Greene-Cananea Copper
National Bank
American
Columbia Commercial
District
Farmera & Mechanics
Federal
Lincoln
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Am. Security and Trust
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Bow
United States’ Treasury
Philip
Army and Navy News
NAVAL
W C. Cole
Naval War College
M M. Taylor
H. H.watson
F H Clark
B. Mayo
Cassin
Reid
J G
P. B. Harris
Minnesota
Dolphin
F. M Knox
Naval Academy
Annapolis
Cummings
W. Simpson
Cumiminga
Sterrett
J. G
A. A. Corwin
Winslow
Beart
E. M. Woodson
Navy Yard
Enelyn T. A. M Graven
Delaware
P A Stevens
Naval Training Station
Emsign
H. J Ray
Lasign
D. M. Steece
Rhode Island
Great Lakes
W. ©. Fith
Naval Pay Officers’ School
Naval Medical School
Washington, D. C
Oklahoma
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Delaware Breakwater
Newport
Mers
Hampton Roads
Fortune
Bremerton
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G-1
New York Navy Yard
Chauncey
Sandakan
Jolo
Stewart
Trpxtun
San Pedro
San Diego
Eagle
Acul Bay
Haiti
Guantanamo
Wahnets
Amnapolis
Oceanr
Mars
Nereus
Chattanooga
Nicholson
Hector
Honolulu
Hankow
Shanghai
Whipple
Saturn
Guaymas
Asiatic Fleet
McMean
Atlantic Fleet
Pacific Reserve Fleet
O’brien
District of Columbia
National Metropolitan Bank
15Th St
U. S. Treasury
City News
Corcoran School of Art
Wilson
Department of Labor
College of Agricultural and Mechanical Arts
Raleigh, NC
National Junior Republic
Annapolla Junction
Union Station
Walter F. Rogers
Board of Directors
Charles B Eeall
Irving Street
Foundry Methodist Episcopal Church
Glenwood Cementers
Beall
United States Supreme Court
W. O Beall
Charles M Beall
R. Eawin Joyce
Wellington Curran
All Faith Chapel
Garfield Hospital
Mr Curran
All Faith
G W Atkinson
Grace Church
Georgetown
Chrissie Li Porter
S D Porter
Samuel A Bower
Northminster Presbyterian: Church
Hugh A Chester
Frank P Madigan
Dennis © Chester
Fingold Hart
William E Leahy
David Wolf
Gienwood Cemetery
Ninth
F Streets
District Electrical Department
Wagner
No 14
Eighth Street
E Streets
St. Dominic’s
Father Kearnns
May Bronson
Loretta Creaghe
Will C Barnes
National Forest
Barnes
Robert Yard
Interior Department
St. Rita
Lawrence E Nottingham
Alexandria
C M Towers
P. P Phillips
St. Paul's Protestant Episcopal Church
Nottingham
Washington Safety First Association
Safety First Federation of America
Raymond W Pullman
International Association of Police Chiefs
Richard Sylvester
International Association
Mrs Sylvester
Milton School
Street Northwest
Masurgia
John Burke
Government Hospital For
Grand Army
Ladies’ Auxiliary of
Atlas I
Columbia Theater
A. B. Leach & Co
Broadway
Moorhead & Elmore
Potomac
Wash. Rwy. Pfd
Washington Rwy. Com
Mergenthaler
National Bank of Washington
Washington Baseball Club
N. and
W. Steamboch
Graphophone Com
Nat
Mi of
Trust
Steamboat
Thomas L. Hume
G St
National Savings and Trust Company
Carter
Lockley
Swartzell, Rheem & Hensey Co
Fifteenth Street
N. W
Ralph W. Lee
Ite
14Th St. N.W
Miner Normal School
Anita Turner
New Park
Syme Studies Board
Bulding
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