Market declines amid weather report and dividend selling
Stock market activity steadied briefly after a cheerful opening but turned downward in late trading. Weather deficiencies in the South and Middle West weighed on expectations, triggering liquidation in dividend stocks and pushing many issues to year lows. London and foreign accounts showed mixed moves as copper and bond sectors remained under pressure.
MENTIONED IN THIS ARTICLE
New York
Weather Report
Canadian Pacific
South
Middle West
Northern Pacific
Tuinois Central
Raltimore & Ohio
London
Pacifc
Union Pacific
United States
Market turmoil slows as investors weigh cautions and rates
Market observers in Boston and New York describe a shocky session with prices subdued amid cautions from banking interests. Foreign selling eased but confidence remains weak as railways seek rate rehearing and investors await clearer guidance on future earnings and dividends.
MENTIONED IN THIS ARTICLE
Paine Etter
Boston
Georgetown Gold Mining stock offer prompts interest
The Georgetown Gold Mining company invites subscriptions to treasury stock to fund expanding works near the Southern Cross mine. The proposed 4 acre ground lies within 1500 feet north of Southern Cross with promising ore veins suggested by expert opinion. James Pringle, Secretary, Room 12 Durston Building Anaconda handles offers.
MENTIONED IN THIS ARTICLE
Southern Cross
Anaconda
Georgetown Gold Mining Company
Bhacre
Iea
James Pringle
Durston Building
Rehearings expected in rate cases dampen railroad liquidation
Conviction grows that the Interstate Commerce Commission will grant a rehearing in advance rate cases and permit some increases after weighing the carriers' new financing difficulties. This view among railroad bond holders helps curb liquidation, with expected decisions on Minneapolis rate case and Union Pacific dissolution matters providing support.
MENTIONED IN THIS ARTICLE
Interstate Commerce Commission
Minneapolis
Union Pacific
Fragmentary grain prices from Minneapolis June market
In Minneapolis June market notes prices show wheat and barley listings with unclear figures. Mentions include No. 1 northern and No. 2 northern wheat grades, flax and barley prices, and a reference to Montana items, all embedded in jumbled OCR text.
MENTIONED IN THIS ARTICLE
Miinneapolis
Northern
Suigaramige
Aolie
Montana
Srige
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