Wall Street Gains Surface Amid Rail Profits Rally
Speculative sentiment improved after a holiday pause with higher prices for many issues. General Motors jumped 23 points to 449, Cuban American Sugar rose to 156, American Can preferred up to 112, and South Porto Rico Sugar to 144 as rails and metals led gains before a late market wobble. American Can common active at 64, United States Steel up to 85, while Bethlehem Steel remained inactive. New Haven declined 2.5 to 73, weighing on rails. Union Pacific reported a net gain of 836,000 with Atchison up 136,000. Bonds firm. Missouri Kansas Texas issues advanced. total par bonds traded about 4.44 million.
MENTIONED IN THIS ARTICLE
New York
General Motors
Porto Rico
Continental Can
Sears-Roebuck
Guggenheim
United States Steel
Bethlehem Steel
New Haven
Union Pacific
Atchison
Baltimore and Ohio
Gharea
Sterling Exchange
Missouri
Kanana
Texas
United States
New York bond market closes with varied yields across issues
Closing prices from New York on November 26 show mixed action across bonds and stocks. Notable entries include American Agricultural 63, American Tobacco 6s, Armour and Co. 44a, Baltimore and Ohio 4s, Chesapeake and Ohio 4s, Chicago and Northwestern 6, Illinois Central ref 4m, Interborough Rapid Transit 6n, New York CentralJet & New York Central deb, and United States Steel 4s. Prices reflect a broad spectrum of gainers and decliners amid a broad market backdrop.
MENTIONED IN THIS ARTICLE
New York
American Agricultural
American Tel and Tal. Co
American Tobacco
Armour & Co
Atchison Gen
Atchison Cy
Atlantic Coast Line
Baltimore and Ohio
Bethlehem Steel
Brooklyn Transit
Central of Georgia
Central Leather
Chesapeake and Ohio
Chesaneake
Ohio
Chicago, B. and Quincy
Chicago
B and Quincy
Hleako Great Western
Mil
St. P. Ev. Sa
St P
R Y
Pac Ry
Chicago and Northwestern
Colorado and Southern
Consolidated Gas Co cv. És
Denver and Rio Grande
Distillers Securities
Erle Ev
Serten ” Erlegen
General Electric
Creat Northern Tat
Illinois Central
Inspiration Copper
Interborough Rapid Transit
Interborough Met
Kansas City Southern
Lake Shoredale
Liggett & Myera
Lorillard
Leuteville
Nashville
Missouri
Kans
Texas
Missouri Pacific cv
New York Central Jet
New York Central
New York City
New York State
New York Railways Adj
Ny.n
Ray Consolidated
Reading
Republic Steel Ss
St Louis
San Fran
St Louis Southwestern Con
Seaboard Air Line
Southern Bell
Southern Pacific cv
Southern Pacific
Southern Railway
Texas Company
Texas and Pacific
Third Avenue
Union Pacific
United States Rubber
United States Steel A
Virginia-Carolina Chemical Bs. Ae
Wabash Lat
Western Union
Weatinghouse
Curb Market Rates Report From New York
Mercantile paper shows 2 to 3 percent. Sterling 60 day bills at 4.64 with demand 4.06935, cables 4.7010. Francs demand 5.91, cables 5.90. Marks demand 80 percent, cables 80 percent. Guilders demand 42, cables 42. Lives demand 648, cables 6.47. Bubies demand 22 percent, cables 82. Bar silver 86. Mexican dollars 4 percent. Time Toans steady at 60 and 9 days 24 2 percent, 6 months 24 3 percent. Call money steady high 2, low 1, ruling 1, last Joana 2, closing bid 1, offered at 2.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
Joana
New York Produce Prices Reported November
New York on November 26 shows flour ranges for spring patents 5.29 to 5.70, winter patents 5.30 to 6.46, and winter straights 6.20 to 5.35. Poultry alive in Western markets cited as weak with chickens 13 to 14, fowls 12 to 14, and turkeys 17 to 18. Sugar raw firm at 4.73 to 4.96 for molasses and refined steady. Pork firm and beef steady. Market notes include Midwest price around 9.55 and 3.
MENTIONED IN THIS ARTICLE
New York
Middle West
Wall Street News And Gossip From New York
United States Steel common nears year high with calm advance. New Haven Hartford orders nearly 3 million in equipment including freight engines 100 steel passenger cars and 2 dining cars. Union Pacific October earnings rise with gross 1.074 million and net 836 thousand amid higher expenses. Bar silver at 56 cents, Mexican dollars 48, demand rising. Denver and Salt Lake City Railway elects Boettcher president succeeding Erb, Phipps named board chairman. Banking syndicate forms 25 million for St Louis and San Francisco Railroad reorganization.
MENTIONED IN THIS ARTICLE
New York, New Haven and Hartford Railroad Company
Union Pacific Railroad
Charles Boettcher
Denver
Denver and
Salt Lake City
Moffat Line
Newman Erb
New York City
Road
Lawrence C. Phipps
J. & W. Seligman & Co
Speyer & Co
Guaranty Trust Company
Lee, Higginson & Co
Boston
St. Louis
Holland writes of quotes Mr Stillman's views
Holland reports Mr Stillman asserts the Fifty-Million Corporation has organized to boost exports and may develop business that would dwarf all other U S commerce. He notes the effort could boom foreign trade and strengthen national industry.
MENTIONED IN THIS ARTICLE
U.S
Stillman and South American trade building plan noted
New York stock market report says James Stillman of City National Bank is among organizers of a new multinational corporation with millions in capital to finance foreign securities and support South American development as well as other nations. It cites Stillman’s past statements on South American opportunities and quotes leaders like Vanderlip and Perkins predicting large American involvement.
MENTIONED IN THIS ARTICLE
Russia
United States
City Bank
Vanderlip
South America
George W. Perkins
Mississippi
Holland
Local securities notes show muted sentiment after holiday
Graphophone stocks rise to new highs with common at 138 and preferred at 148 while rumors of extra dividends fade. Officials deny specifics but discuss possible heavy advertising funding. Public utility bids stay firm with limited trading as gaps and bonds remain steady.
Stock market levels and bonds on Washington exchange
Local stock exchange call at noon lists Washington Gas and Electric issues with yields, preferreds and 6s. Includes Potomac Electric Light and Washington Railway and Electric bonds, various rail and utility stocks, title and miscellaneous stocks, mining, bank and savings stocks, and fire insurance shares with listed prices and percentages.
MENTIONED IN THIS ARTICLE
Washington Gas Bs
Washington Railway and Electric Preferred
Washington Gas
Mergenthalen Linotype
Lanaton Monotype
Potomac Electric Light
Washington
Geotown Gas
Ind
Georgetown Gas
Columbia Gas
Elec
Capital Traction Co
Wean City
Sub. Ry
Metropolitan R. R. Gs
Wash. Ry
P. Gen
P. Telephone
Am. Tel. & Tel. Co
Am. Tel. & Tel
C. Paper Mfg
S. Wash
Mkt. Co
Wash
W. Steamboat
Riggs Realty
Elec. Com
Wash, Ry
Elec, Ptd
N. and
Columbia Gas and Hie Am
Tel
Tel, Co
Mergenthaler Linotype
Columbia Title
Chapin-Sacks Co
D of C. Paper Mfg
Lanston
Greene-Cananea Copper
National Bank
American
Columbiaerry Commercial
Farmers and Mechanica
Lincoln
Metropolitan
Riggs
Washington . Trust Company
Gtocks. Am. Security and Trust
Natl Savings and Trust
Treasury Financials Show General Fund Balance and Deficit
United States Treasury reports show net balance in general fund at 113,536,883 with total receipts 2,137,943 and total payments 116,2981. The fiscal year deficit stands at 46,317,613, following a 48,597,388 shortfall last year excluding Panama Canal and public debt. Details cover revenue receipts for the day and month, available gold and silver, currency in circulation, and funds held in Federal reserve and national banks with assets and liabilities across the general fund.
MENTIONED IN THIS ARTICLE
United States Treasury
Treasury
United States
Federal Reserve
Federal Reserve Banks
Philippines
New York Grain Market Report Data
New York grain prices show wheat with spot and futures notes. No. 1 durum and No. 1 northern bids appear with modest gains, while corn and oats firm on spot markets. Credit balances and shipment figures are listed, with references to other markets on page.
MENTIONED IN THIS ARTICLE
New York
Duluth
Manitoba
Buffalo
Cottonseed Oil Market Prices Reported in NY Values
New York November 26 prime crude prices quoted range from 7.30 to 7.38 with spot November December at 8.30 and futures for January 8.35 February 8.98 March 8.47 April 8.60 May 8.59 and June 8.67 prime winter yellow and summer white priced at 8.25 in the market update.
MENTIONED IN THIS ARTICLE
New York
Also Mentioned on This Page
Hoston
Alaska Gold
Kitousz Mining
Bouton & Maine
East Butte
Brandy
Breene Cananea
Lake
Mohawk
Meaveda Con
N.Y
Swannon Mining
United Fruit
Utah Consol
Utah Copper Mining
Curb Market
Atlas
du Pont
Flor. Ctis
Ayg
Goldfield Consolidated
Ate
Havana Tobacco
Lehigh C. Sates
Midvale Steel
N. J
Panama
Baltimore Securities
Baltimore
Consolidated Power
Houston Oil
T. C
Pia
Baltimore City
Consolidated Gas
N. O
Pa. W. & P. Bappy
Ue & B. Co
Ist
Wit A
Mt. W
Sam
Bajt
Annap
Wall Street
Stescommon
Stillman
NEW York Stock Market
Iear
James Stillman
City National Bank
Mackay Cos. Pl
Alaska Juneau
Maxwell M. Co
Allis-Chalmers
Max. M
Alisa-Chal
Am. Ag. Chem
Ag. Ch. Pf
Dept. S
Car & We
Miami
Argentina
Car & FB
Minn
St. A
Am. Linseed
Mont. Power
Am. Linseed Pf
Locomo
Nat
Biscuit
J. B
Loco. Pf
Nat. Enam
Haegin
Peru
Am. Smelt. Pf.a
Nev. C
Charles M. Schwab
Am. Smelt, pl.Bi
N. Y
Chile
Am. Steel Fdy
St. L
Guggoenheims
Am. Woolen
North Amer
White Copper
Am. W. FB Pf
North Pacific
Anaconda
Ontario
South
Ansoc
Pac. Tel
Phig Investment
Atchison Pl
Penn. R. R
Haggin
People's
G. & C. Cewlise
Loco, Pf
Phila. Co
Balt
Pettibone Mul
Bet
Pitta
Batopilas
Pitts
Coal
Beth. Steel
Steal Pd
Brooklyn R. T.j
Brunswick
Presa
Butte & Sup
Puli
Pac
Car
Cal
Ry. Steel Sp
Can. Pacific
Case
J. I
Leath
Rep. I. & Steel
South American
Ches
Rock Island
Chi
Gt. W. Pf
Rock Island Pd
M. & Slb
Rumely Pd
England
AL & P.ry
Sears Roebuck
Cluett Peabody
Sloss
Col. Bf, & Iron
Stoass.s
South Pacific
RK Ctfs
P. R. Bucer
South. Ry. Pd
Crucible Steel
Stand
Crucible S. Pf
Studebaker
Cub. Am. Sug
Studebaker Pl
Sno
Del.g& Hud
Den
Rio G
Péxas & Pacific
Eovitaine
Ht. G. Pf
Texas Co
Cara Ac Ecoming
Dome Mines
Detroit Hdison
Pendous
Dist
Stor. Bat
Federal Reserve System
Gen. Electric
Gen. Motors
Union Pac
Africa
Goodrich, B. F
U. C
Goodrich
Gt. North. Pf
United By. Iny
U.s.c.lp
Fpt
Unc
Elec. Ry
U. S. Express
Int. Agricul. Pf
S. T. Alconol
S. Rubber
Jon
Inter
U. S. Steel
Utah Copper
Va-Car. Chem
Har. Cor
Va.-Car. C. Pf
Wabash W. i
City
Wab. Pf. B. Wail
Kana. C
Westinghouge
Lehigh Valley
Woolworth Vis
My's
L H
T. K
Yood. & LE
Louis & Nash
Willys-Over
Mackay Cos
Willys-Ove'd
The
Association of
Mr. Stillman
Crecks
Gap
Washington Railway and Electric
Mergenthaler
Potomac Electric
Local Stock Exchange
General Fund
Swift & Company Union Stock Yards
Chicano
Swift & Company
Hayward
National Savings and Trust Company
15Th and
N. Y. Ave
NEW York Grain
Oi City
Ct of Columbia
Genering
Swartzell, Rheem & Hensey Co
Fifteenth Street
N. W
Potomac Con
Capital Traction
Washington Utilities Co
Mergenthater
Munsey Trust
Continental Trust
Wash. & Southern Bank
Union Savings Bank
N. and W. Stormboat
Washington Banebail Club
Miller Train Control
Crandall Amusement Company
Gayety Theater
Roy. Nnd
Waah. Hwy. Com
Georgetown Gan
Washington Baseball Club
Greene-Cananes
Thomas L. Hume
Flather
Moorhead&Elmore
New York Stock Exchange
Washington Exchange
15Th St
Mutual Life Insurance Company of New York
Thomas P. Morgan
Southern Bldg
D. GC
L. Heiskell
B. Baktivark & CO
Bulte
Evans
George W. White
O. H. P. Johnson
George C. Walson
J. Gales Moore
Savings Dept
the National Metropolitan Bank
U. S. Treasury
the Globe“Wernicke Co
Federal Finance
John Poole
Burroughs
Federal National Bank
Commercial National Bank
Bank OF Personal Service Corner
Sts
Ashton G. Clapham
Arthur Lee
James A. Cahill Tucker K. Sands
Frank E. Ghiselli Herbert V. Hunt
Epaeig
W. B. Hibbs & Co
Hibbs
Washington, D. C