Market Declines as Steel Earnings Fail to Spur Demand
Trading on the steel issue shows little outside demand after United States Steel second quarter earnings. The day was dull and featureless with professional activity predominating, money tight, and expectations for higher prices tempered. Some traders hoped for a later rally, while others released holdings amid cautious sentiment.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Lausier-Wolcott Company
Logan & Bryan
New York
Washington
Hutton & Co
Hellbronner Company
Wat
General Motors
American Sumatra
Wall Street Slumps Amid Uncertain Opening Trade
New York stock market opens indecisive with leaders hovering within minor gains and losses. Major issues such as Union Pacific and Reading retreat one to two points while U S Steel shows little movement. Trading volume runs about 260000 shares as call money drops from 6 to 4 percent on large offerings. Domestic bonds vary, with rare gains in Anglo French and Paris bonds.
MENTIONED IN THIS ARTICLE
New York
Union Pacific
Canavna Pacific
Reading
Baltimore & Ohio
Norfolk & Western
Wabash
Missouri Paule
Alwt
United States Steel
Finatcia
Fim
United States
Heilbronner Company Bond and Stock Service Ad
The Heilbronner Company presents a bond and stock department boasting extensive wire age team. Aimed at nationwide service, it offers a booklet titled Correct Information on How to Buy and Sell and promotes practical education for customers through its statistical and magnet branding.
MENTIONED IN THIS ARTICLE
East Broadway
Dizet
Fo Mutton & Co
Hayden Stone & Co
Statinical
Livestock Market Reports From Omaha and Portland August 1
Hogs receipts total around 22 000 in Omaha with prices near 18.50 to 18.90 for butchers and 18.28 for bulk sales. Calves and cattle show steady to good demand with prime steers 17.50 to 18.75 and cows/feeders up to 80 cents, while sheep receipts at 9 000 keep markets steady to strong. In Portland cattle totals 300 with steady to good demand for good to best steers around 10.19 and 7.80 for common cattle. hogs at 800 receipts fetch 18.25 to 18.40 for prime and mixed lots, lambs trading 12.00 to 13.00 for valley and east-of-mountain ranges.
MENTIONED IN THIS ARTICLE
States Bureau of Markets
Eas
Ad. Ood
Fortland
Portland
Ore
Dutta
Ott Company
Tewasti
Anne
Reni
Ethlonem
Baltimore & Ohio
Brooklyn
Superior
Chesapeake ‘Central
Chicago
Milwaukee
Rock Toland & Pacific
Distillers ‘Securiti A
den Erle & Sea General Tei
General Oor
Interborough
Consolidated” Corp
Ray Inspiration Copper
Sa Industria Alcohol
Fidd
Rh International
Harve
Cy International
Mercanti ‘Marin
Sas City
Ontario
Aecott
Sasville
Yackawanna Na Mixican Petroleum
Missouri
Kansas
Miscouri Pacific
Maxwell Motors
Iso Oh
New York
Niavon
Norfolk & Wern
Northern Pacific
Pitsburg
Son
Republic
Arizona
Southern
Studebaker
Tennessee ‘Copper
Texas
Texas ‘companys s+ ing
Union
Pacine
Fed ‘States Steel
Wabash
Western Union
Win& CO
Westin House
Montana
Alaska
Berry
Market Notes Mixed Cattle Wheat and Grain Prices
The report shows cattle and sheep receipts steady with yesterday, beef and pork markets varied. Wheat and flour prices move modestly. Minneapolis grain quotes ease while New York mercantile rates hold with small changes across money markets.
Chicago Markets Grain and Provisions Update
Market activity opened with higher corn prices as Oklahoma crop reports cited wind damage lowering state condition to 38 and national corn condition six points below July 1. Oats firm on corn strength while provisions seen quiet. Prices listed for corn No 2 yellow and other cereals. butter and tinke noted declines. Receipts 11.91 cases, markets mixed. London money steady, silver unchanged. Austrian command change linked to Albania disaster. Weiss Baltin appointed to oppose Franco Italian forces with reinforcements. Dalton, Mass man repays trolley loan. nickel worth more now than five years ago.
MENTIONED IN THIS ARTICLE
Oklahoma
United States
Dalton
Mass
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Bulwer A
Ray Jemerson
Richmond
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United Copper
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Heilbronner Company
Emeets AW
Oreiceg
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By Briggs
Sates Ormicte
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North Main Street