Heavy Selling Drives Market Decline After Dividend News
Stock markets face heavy selling as New Haven railroad dividends for the first time in forty years trigger broad weakness. Copper prices drop under 18 cents per pound amid large export sales and pressure on directors to reassess capital and earnings.
MENTIONED IN THIS ARTICLE
New Haven
Oman T Wryan
New York
Palo, Wether
Hedley Ged Mining Company
United Verde Extension
Yukon
Butte
Alex Scott
Keating
Cowperthwaite
Lizzie Block
New Haven stock drop hits market with broad effects
Traders report a severe test for New Haven shares and a weak mood across investment stocks. The day showed irregular trading with declines in New Haven and related issues, while some advances appeared in select issues. A dividend update and closing notes referenced New Haven and several industrials as the market faced cautious selling and limited buying interest.
Market snapshot from Chicago exchanges and rails
Chicago markets show mixed activity with wheat and corn futures fluctuating and cash prices quoted for Timothy and clover. Livestock trading appears slow with cattle and lamb demand quiet while government bonds and railroad securities firm in New York and London trading reflects steady to uneven conditions.
MENTIONED IN THIS ARTICLE
Chicago
Gene Acentou
baeiTae
Timothy
Corm Lee High
Keigh
Ant
Sterling
Tsi Terdas
Grain markets report from Minneapolis for December
The Minneapolis market notes show unsettled wheat prices with No. 1 northern and No. 2 northern futures quoted. Montana wheat is mentioned with slight price shifts. A Barley listing remains unchanged with May delivery around $1.43 to $1.45.
MENTIONED IN THIS ARTICLE
Minneapolis
Montana
Barney
Financial News Flash on Dividends and Markets
News briefs from Washington New York and Wall Street note the New Haven dividend and a pending vote on government rail policy. Analysts discuss outcomes, with comments from McHonolds and Louis Brandete. Markets show cautious trading as investors await congressional action and corporate declarations.
Also Mentioned on This Page
NEW Haven Railroad
Hillett
Depeni
York
Pacine
Zork
Ie Wight Lt
London
Losa Eco
Cop- Finemeta
Alameda
Alex Scott Sao
Tutte
Butte New York
Butte Arizona
Butte & Baconn
London & Ely
Radersbn Ai
Butte Superior
Davis-Daly
Tuolumne
United States
Boston
England
Sehpers
Ameimametsa
American Agricultural American
American Car
American Cotton
American Ice
American Locomotive
American Smelting and Refining
American Telephone i
American Tobacco
Anaconda Mining
Atchison
Brooklyn Rapid ‘Transit
Canadian Pacife Jenteal
Chesapeake & Ohio i
Chicago Great Vesturn
Milwaukee
St. Paul
Elengo & Northwestern
Olorado Fuel and Tron
Gawaorn Products
Elaware & Hudson
Securities Thern
Interborough
Kansas City
Seaboard Air Ling
Ras Sless
Sheffield Steel and
Iran’ Southern Railway
Tennessee ‘Copper
Texas & Pacificates
United States Rubber
United States Steel de
Utah
Copper
Virginia-Caroting Chemical Wabash
Inson An
Westinghouse Beckie
Wheeling & Lake Erie
New Havens
Hoston Frocks
Mass
Michigan
Miami
Maewis
Yori Connrast
Butte & London
Nevada’ Co
North Butte
Old Dominion Pond
Quincy
Swift
Superior
Winona Verine
Wyandotte
Webber & Co
Bly Consolidated
Giroux
Yukon Gaia” Coos
Nipissing
Keystone
Ohio
South Tal
Paine, Webber & Co
America
Alaska
Algoma
Arcadian
Arizona
Paine
Webber
Eatet
Sintennial
Olorado
Copper Raneer
Crown Point Og
Daly-Junge
Daly-Weat Himm
Grand Central Sm
East
Buttert
Franklin
Manimott Greene
Valley
Ong
Nana
ED Ey
Mason
Aon
Hancock m
Hedey
Nevada
Hills
Ohio Copper
Indiana
Troughseys Island Creek
Sioux
Silver King Coalition
Isle Royate
Swansea
Lake
LaSalle Victor Unete
Sara Consolida
Mason Vailey
Vitoria Aie Yankee
Leys, Christy & Co
Oeese Ant
Lavallieres
Main St
Ind
C. B. Hoskins & Co
North Main Street
State Savings Bank of Butte
Hickey
R Leonard
Alten
Macona Mine
Ea Mickey
Eanes Seanur Bene Er Ae
Daly Bank and Trust Company of
Buite
Fice
First National Bank of
A.clark & Brother Ankers Retablianea and Jaglqhnston
Gafety Deposit Vauit, Sw
Stern
Montana National Bank
Chicago Livestock
Mentern
Rina Stint i Deeders
Conte Nsg
Aevada
Dee
Upper
Hiandara
Wake
Lantig
Speier
Paine, Weber & Co
Atanta
Diamondiieia
Goldsela i
Lone Star
Dexter Union
Manhattan
Conwalia
Dexter m
Vible
Ophir
Fierra Nevada Belmont
Joston
Cash Boy
Jim Butler
Haltfax
Tonopah
Midway
Pi Afontans
Gray
Washington
McHonolds
Noor Haven
Promingo Panker
Ies
Interstate Commerce ‘Commission
Congress
Ben Bryan
New
Wilson
Graywon
Wong
Stewart Mining Company
Avashington
Louis D. Brandete Seta
North Main St
Peoria
Davenport
Rock Island
Springfield
St. Louis
Memphis
Denver
Pueblo
Colorado Springs
Sioux City
Omaha
St. Joseph
Northern Pacific
Burlington
Great Northern
HL A. Bradt
General Agent
Went
Broadway
Monten
Rayo
Continental Oil Company
Colorado
the Fair Brug and Assay Supply Co
East Park Street
DR. Lamb
West
Galena St
Butte, Mont
Montana Thee Mining Company
Tid. W. Butte
R._J. SCHWENINGER
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