Bearish mood dominates stock market outlook
Bearish sentiment and peaceful contraction ahead dominate the week as bulls fade. Hutton letter notes Wall Street morning bearishness with selling pressure across major shares like United States Steel and Anaconda while rails and oil issues slide. Foreign exchange weakens with German French and English rates lower, and New York markets plan a Saturday closure for clerical catch-up.
MENTIONED IN THIS ARTICLE
Hutton
Hellbronner Company
Wall
Pan-American
United States Rubber
Sinclair Oil
United States Steel
Marines
Mexican Petroleum
Studefaker
Crucible
Baldwin
Anaconda
Utah
Inspiration
Kennecott
Rails
Southern Pacific Canadian Pacific
Texas Ol
New York
New York Stock Market Faulted By Mixed Industrial Signals
New York August 14 trading followed the week’s pattern with uneven price moves. Call money eased to 4 percent and industrials showed a firmer tone aided by Hines on the railway strike easing and higher mill output. American Locomotive common dividend rose to 6 percent, lifting hopes for more such moves in equipment firms.
MENTIONED IN THIS ARTICLE
New York
Hines
Standard
Lorillard
Schling
United States Steel
Liberty
United
Cal
Fragmented Stream of Thoughts on TV and Ailments
A jumble of phrases describes scrolling thoughts about a TV show called The Thinker and a sense of mental overload. The speaker notes extreme fatigue, a nearly paralyzed right arm, resting a chin on a hand, and a wish for warmer clothing.
MENTIONED IN THIS ARTICLE
TVG
Barnes King quarterly report shows net profit and assets
Barnes King Development reports quarter ended June 30 with net operating profit of 27371.26 after deductions. Receipts total 187699.08 from multiple properties and bullion sales while disbursements total 196714.94 leaving a year end balance near 130032. The company still holds 50000 in Liberty bonds and plans to retain 100000 in treasury to fund future properties.
MENTIONED IN THIS ARTICLE
Barnes-King Development Company
North M Y
Shannon
Kendall
Mount Pleasant
Pleganfer
Maccasin
Pik Gloster
Kendall Property
Are
Liberty
Plegan-Gloster
Treasury
China Copper Company
Ray C
Caledonia Mining Company
Kellogg
Idaho
Stanley A. Easton
Livestock market report from Omaha and New York
Omaha hog and cattle receipts rise as prices vary by grade with heavy weights near 22 to 21 dollars for hogs and cattle mixed with veal calves at 13.60. Lambs and yearlings show marginal gains while stockers and feeders hold around 10 to 14 dollars. New York notes Mexican dollars in circulation.
MENTIONED IN THIS ARTICLE
MAMA
Omaha
Tobe
Hulle
Nower
Copper trade reshapes with German buyers and US output
Copper prices and transfers shift as German buyers resume purchases via Copper Export Association at about 24.35 cents a pound. Early sales totaled 2,000,000 pounds, signaling renewed links between German demand and American supply amid war-time disruptions. Utah Copper reports 6.45 a share annualized profit on quarter ending June 30, with 27.5 million pounds produced. Nevada Consolidated shows modest profit while Mexican operations run near 80% of normal. Domestic and foreign demand trends suggest a slow rebound, prompting continued controlled production and stock management.
MENTIONED IN THIS ARTICLE
United States
Copper Export Association
New York
Germany
Utah Copper Company
Velardena
Denver
Colorado
Pueblo
Leadville
Durango
Blend
The
Chicago markets grain and provisions tumble on government seizures
Government seizures of food stocks near the Chicago board of trade unnerved grain holders, driving a broad price smash. Corn fell 7% to 8% with September at 1.83 and December at 4.5, oats down, and provisions lower. Selling intensified as lack of demand and bearish sentiment spread, with talk of increased corn movement from outlying sources and foreign exchange weakness adding to the slide.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
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