Stock market steadies as gold imports rise and metals gain
New York trading lapsed into a perfunctory session with 338 40 shares, gains in automobile and war stocks, copper steady, Bethlehem Steel ignored, Canadian Pacific up 2½, and foreign demand for steel noted. London gold imports boosted bullion demand as Bank of England releases more reserves and sterling touched 0.704. Bond trading was moderate with some investment inquiry.
MENTIONED IN THIS ARTICLE
Exchange
London
Bethlehem Steel
New York
Crucible Steel
Lackawanna Steel
American Can
American Locomotive
Baldwin Locomotive
United States
Union Pa Els
Northern Pacific
Old Rock Island
Fneland
Bank of England
New York Money Market Report November 23
Mercantile paper and foreign exchange figures show 60 day bills at 4.8550 and demand at 4.7015 with cables at 4.7085. Francs demand 5.93, cables 5.92. Marks demand 80% and cables 80%. Libations and other currencies listed with various bid and cable quotes. Government and railroad bonds steady. time loans firm at 60 days 2% and 90 days 2% and 6 months 2 3/4%. Call money steady high 2, low 1, ruling rate 1, last loan 2, closing bid 1, offered at 3.
MENTIONED IN THIS ARTICLE
New York
Mercantile
Wall Street News and Gossip Summary
W R Bengal and W L Seddon were elected vice presidents of Seaboard Air Line. C S Lake named general manager. Harahan reelected president. Davies Warfield chairs board. Stockholders’ meeting in Petersburg adjourned to December. Crucible Steel resumes dividends 1 1 2 percent payable Dec 1 to Dec 10. James B Forgan to become chairman of First National Bank of Chicago in January.
MENTIONED IN THIS ARTICLE
New York
W. R. Bengal
W. L. Seddon
C. S. Lake
Seaboard Air Line Railway
Baltimore
W. J. Harahan
Bonsai
Carolina, Atlantic and Western Railroad
Seaboard System
Seddon
Harahan
Davies Warfield
Seaboard Air Line Railroad Company
Petersburg
Crucible Steel Company
Amperios
Board of Directors
James B. Forgan
First National Bank of Chicago
Forgan
Holland Writes Of Great Increase In Bank Deposits
Holland reports a striking rise in deposits at the National City Bank with unusually large figures and strong growth cues. The note highlights expanded customer trust and higher savings levels, signaling robust banking activity.
MENTIONED IN THIS ARTICLE
National
New York Bank Deposits Hit Record Highs Amid War Demand
New York stock market news notes Federal Reserve praise and banks reporting rapidly rising deposits. National City Bank holds more than $550 million, with later figures expected to rise further. Chicago and other cities show similarly large gains as war demands boost confidence in American financial strength.
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New York
National City Bank
Lawat
Oes
Banke of London
Bank of England
Bank of France
Bank of Russia
Commmon
New York City
Chemical National Bank
Federal Reserve System
United States
Chicago
Cny
City Bank
Cottonseed Oil Market Report Shows Mixed Futures
In New York on November 23 prices for prime crude Cottonseed Oil futures moved with several contracts listed. Prime summer yellow spot, November and December up 8.1 percent, January and February at 8.16, March at 3.25, April at 6.39, May at 8.36, and June reaching 8.40 with several sales noted under the COTTONSEED OIL listing.
MENTIONED IN THIS ARTICLE
New York
Wheat and grain futures mixed in Chicago trade
In Chicago trading yesterday grain markets showed early declines offset by higher closing for wheat. December futures rose to 1.03 percent and May to 1.06 percent with corn and oats also advancing. Cash grain quotes included No. 2 red wheat at 1.11 and No. 2 yellow corn around 66 to 67 percent, while oats and rye posted varied gains.
MENTIONED IN THIS ARTICLE
Chicago
Dentala
Greece
Local Financial and Business Notes from the Market Session
The local accuraties market shows little activity but strong buying power behind it with bonds of public utilities in firm demand. Washington Railway and Electric bonds sold 370,006 par value with prices near 11% to 81%. American Graphophone stocks rise with New York curb gains, while Cananea copper prospects improve as Cananea is occupied without battle and railroad out of town repaired. Trade balance for week to Nov 20 shows a surplus of 58.7 million. year to date 720 million. Imports total 29.6 million, exports 88.0 million.
MENTIONED IN THIS ARTICLE
New York
American Tobacco
Armour & Co
Atchison Ey
Pau
Baltimore and
Ohio
Berttehera Steel
Brooklyn
Central of Georgia Con Sa
Central Leather
Central Pacific
Alcigo Fo
Quincy
Great Western da
Nicage MII
Rierscott
Big Grande
Ratiilers Securities
Neral Electric
Reat Northern
Itrborough Rapid Transit Ss
Akett A .Myers
Tovastie
New
Kana
Texas
Chile
New York Central
New York City
York State
International Marine
South Penn Ot
Southwest Penn
California
Eetoravivanta Consolidated
Standard
Indiana
Mennavivanta Gen Thos
Standard OU
Kansas
Consolidatad
Thea Tiras
Southern Pacifc
World Film
Yukon Gold
Southern Factfc
Southern Railway
Southern
Texas Company
Cie
Tecs
Pacific Tata i
Boston
OBM
Third Avenue
Tk Adventura
Pacific
East Butte
Franklin
Pteel Jy
Nee Vilaigta Cyrating
Greene Cananea Atg Fadh Lst
Ray Consolidated
Atrin Union
Shannon Bu Mestirmaousea Electric Or
Consolidated
Angelo Ktench Ua Pas
Wolverine
Wyandot
B. Sug
Am Ag
Am. Can
Miami
Car Bay
Minn
Stoy
Coal Iz
Pril
H & Th
P. Dta
Nat. Bis. Pf
Steel Fay
NH & H
W. H
North Ame
Northern Park
Tob. Pf
Pacific Mall
Penn. R. R
Phila. Ca
Ots
Pitts
Balt. & O
Rep
St. Pf
Balt & Oh
Reading
FB. T
Rock Island
Pf. Ie
Seaboard A
Cal Petrol
St. L
N. W
Southern Pas
Hewlch. Gt. West
P. R. Sug
Gt. W
Southern Ry
M & St
Ry. Pt
Okby
Rl&p
Mill. Pf. SL
Studebakoer
Cole, Fuel & Ir
Brudebaker Pt
Laddy Jay
Tenn Copper
Texas Co
Texas Pacific
Bag
Crucible
Crus
UN. Pacific
United Clear St Bea
Den
KR. Gr
United Cigar Ptt
R. G. Pf
United Fruit
Tn. R
R. In
Erie
U. S. Ind
M B
Bambt
S Steel
North
Utah
Guegenh
TN Cent
Inspiration
Wab
W. Ft
Int
Cowastern Union
Kan
City
Wheel
K. C. So
Lehieh Valley
Wis
Long Island
Stock Exchange
Washington Railway End Electric
Capital Traction
Potomac Electric Consolidated
Washington Gas Ba
Washington Railway and Electric Preferred
Seditiona
Ateady
Carmnea
Greene-Cananea
Aries
New York Block Exchange
Cananea
Obregon
Ville
Cananeare
Treasury reports mixed fiscal figures and asset totals
The report shows a net general fund balance around 207.0 billion with assets totaling about 207.0 billion and liabilities near 95.6 billion. It lists receipts and disbursements for the period, including a year deficit of about 47.3 billion and various currency holdings and reserves.
MENTIONED IN THIS ARTICLE
United States Treasury
Financ
General Fund
Agseta
Treasury
United States
Federal Reserve
National Bank
Federal Reserve Banka
Treashury
Philippines
Philadelphia Markets Itemized Prices November Market Snapshot
Philadelphia reports price listings for butter eggs and dairy products. Western creamery extra butter varied around 33 3/8 to 33 1/3 cents per pound with nearby prints and fancy grades noted. Egg and cheese markets steady with hogs lambs veal calves and sheep prices shown in fractional percentages and ranges.
MENTIONED IN THIS ARTICLE
Philadelphia
Western Creamery
New York Cotton Prices Drift In Quiet Session
The cotton market was quiet with price changes limited to 3 to 7 points. January traded between 11.62 and 11.88 and settled at 11.87. December eased slightly on the general list, while remote months remained firmer as futures showed modest gains and spreads moved within narrow ranges.
MENTIONED IN THIS ARTICLE
New York
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