Falling Markets Drive Bearish Turn Despite Warm Weather
Decline in New York trading pressured by high money rates with call money up to 15 percent. Stocks fell across the board as investors dumped shares, with 1,101,600 shares changing hands by 2 pm and major issues like Anaconda Utah and Mexican Petroleum slipping several points. Industry groups and crucial names appear in the figures, while curbs and broader market forces hint at further weakness unless the money situation improves.
MENTIONED IN THIS ARTICLE
New York
Hellbronner
Tabor
Anaconda
Utah
China
Inspiration
Butte @ Superior
Porphyry Group
Gay
Mexican Petroleum
Studebaker
Steel
Texas Oil
Sinclair Oil
Pierce-Arrow
Colorado
Baldwin
Locomotive
Lackawanna
Logan & Bryan
Lauzier-Wolcott Company
Philadelphia
Aix
Savold
Savold Tire
New ‘York
Ohio
Martin
Allied Packing
Broad Street
Stock Exchange
International Mercantile Marine
Logan & Ryan Grain
Inglis
Ingila
Illinois
Federal Reserve Bank
Mexico
Mercantile Marine
South America
Japan
Canada
United States
Lausier-Wolcott Company
Tien
Allis-Chalmers
Sujur
Sumatra
Bethiehen
Baltimore
Bano California
Chesapeake
Oia
Feago
Milwaukee
Chicago’ & Northwestern
Inland
Pacis
Sugaia
United Food
General, Motors
Great Northern
Grinanen
Great North
Central
Oary
Interborough
Con
Kansas
Kennecott
Souther
Louisville & Risnville
Fris ‘Sai Lackawann
Mexican’ Petroleum
Missouri
Texas
Ontario
Pittsburg
Sin Sao
Hat’ Leone
Routhers Railway
Studebaer
Texas Pany
Aeine
United States Rubber
United War Stores
Unites ‘States
Union
Wilson «Co
Liberty
Pty Tee
Itory
Ia Ao
Victory Sas
Stock market declines on adverse monetary conditions
New York on June 16 reports continued market weakness as liquidation of speculative holdings increases. Collateral costs rose to 12 percent while funds paid for loans remained firm amid adverse monetary conditions and other unfavorable developments limiting gains.
MENTIONED IN THIS ARTICLE
New York
Livestock Prices and Receipts at Chicago Market
United States Bureau of Markets reports hog receipts 40,000 with markets mostly 30 to 60 cents higher than Saturday's average. Top hogs reach 421.60, large heavy lots around 800 to 900 heads. Sows and cutters mixed, feeder cattle steady to higher, steer and heifer prices quoted for light and heavy weights. General tone indicates improved demand and steady to higher values across beef and pork classes.
MENTIONED IN THIS ARTICLE
Micago
United States Bureau of Markets
Chicago
Acta
New York stock quotations lift gold embargo market opens
The report notes the removal of the gold export ban and the immediate impact on world markets. It highlights gold shipments to South America and Europe as banks move millions abroad, aiming to stabilize exchange rates and support American imports. The piece traces anticipated effects on dollar strength, foreign currencies, and postwar trade.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Ty Vreteane
Boston
South
Amerie First
National ‘Bank
Shawmut Bank
Nos ‘Aires
England
South America
Japan
Poston
Argentina
Uruguay
New England
Bond buyback notice in local markets
Sawerty bonds buyback offer states payment at highest market prices for any issue. Emphasizes willingness to purchase large or small denominations from sellers like Lauzier, with emphasis on prompt execution.
MENTIONED IN THIS ARTICLE
Sawerty
Also Mentioned on This Page
Black Fridachs
Ste i
Burk
Imperial Butte
York
Dillon
Caledonia
Butte
Ramsey It
Tver
Tuolumne
Wind River Oil
York Curb
Hellbronges Company
Juptin-Amazon Nt
Ne Tee
Canada Copper
Tedonia
Ng Davin el Ba Sa
Horn Federa A
Firat Satismal A & Fianeld
Glenrock Sin
Hollinger Ee Feda
Housto
Ine Tren
Blosi
Okmulgee
Te Poulsen
Ray’ ‘Hercules
Stewart Swinnig
Sapulpa
Hellbronner Pany
Abie Aaventure
Aimee the Am Oma
Bo & Ie
Areona
Ina
Franklin Ny Hancock
Maw Fm
Maynower
Michigan
Manon ‘Valley
New Arcadian
Old Dominion
Duceota
Giitwa Pondreek
Quincy
Shawn
Mary's
Superior
Apex
Victoria
Wolverin Winona Wyandotte
Moston
D.any
Bingham
Bohemia Mines
I Borton
Atte
London
Calaveras
Boston & Montana
Jerome
Verde i & Ade
NEW York Exchange
Owen
Portland
Ore
Webra
Lal
Mem and Stein A Bae
Cop Ieeironytic
North P'northern
Louis
Eehoe
Bond
A York
Minneapolis
T Northern
Nord Sellow
Nord Hie
Real Sport
BY Briggs
Bric
Brick
Brice
Lauzier- Wolcott Company
le Wi Diewet Pri
Ito Barnes King
Hutte” Copper Guarde
Cascade
Birel
Greshull-Aioniana
fornes-Kinerr
Alboris
Great Fale
Hutte-Newlands
Cowalder
Montana
bin Sar
Conerris
J.C. Maguire
Don Mackinniss
D. A
Fitzgerald
I D. Blair
Daly Bank and Trust Company of
Cmarers
Relly
Ryan
CLARK
Ross Clark
W.a.clark & Bro
First National Bank OF
The
Heilbronner Company
Phoenix
North Main
Upie pupLac Stock Exchange Laverty
Columbia