Stocks Plunge as Market Hits Worst Drop in Decades
New York traders faced one of the sharpest price collapses in twenty years with shares sliding up to seven dollars. The Korean threat to world peace spurred a brutal selloff, sending volume to a ten year high and wiping out four billion dollars in market value across all listed stocks.
MENTIONED IN THIS ARTICLE
New York
Theew Yorker Exchange
Amazing relief from constipation cereal claim
An unsolicited testimonial from Sam Plesky of Cleveland Quebec praises ALIL BRAN as a breakfast cure for constipation. The ad urges daily ALL-BRAN with ample water and promises double money back if not satisfied after ten days.
MENTIONED IN THIS ARTICLE
Sam Plesky
Churchill Av
Cleve
Kellogg’s
Battle Creek
Mich
Cotton Futures Dip After Large Intraday Move
New York and New Orleans markets showed wide swings as cotton futures plunged late after an earlier surge toward as high as 2.85 per bale on buying, with the close 10 to 85 cents per bale lower than the previous close. Spot middling in the South averaged 33.67 cents per pound, with varied daily metrics across markets and deliveries reported.
MENTIONED IN THIS ARTICLE
Bile ‘S
Goodrich
Houston Oil
Int Harvester
Kan City South
Lockheed Aire
Santee
Montgem Ward
Ohio
Phillips Pet
Republic
Texas
Tex
Ug Rubber
Woolworth Pw
New York
Adust Rai
Dow-Jone Rogk
Atest Fork Bonds
Penn RR
Iola
St. Louis SF
Tex Corp
Western Walon
Cities Service
Humble Oi! E! Bond & Sh
New Orleans
War scare lifts grain prices led by soybeans and wheat
The June 26 market report notes a war scare boosting prices in Chicago with soybeans and wheat leading gains. July and January soybeans hit the daily limit early, wheat up 4 to 5 cents, corn and oats modestly higher, rye up sharply, while Fort Worth cash grain showed fair demand and various bid ranges across wheat, corn, barley, and sorghum.
MENTIONED IN THIS ARTICLE
Chicago
Fort Worth
Grain and Cotton Exchange
Texas
Texas Gulf Ports
New York
Commission House
Annes City
Ora
Cattle market in Bexar and Fort Worth shows slow demand
Cattle and sheep trade reports from Bexar and Fort Worth indicate a generally soft to lower tone. Slower early activity, cows weak to 50 cents lower, calves and stockers down, with some bidding off. Feeder pigs and hogs mixed, wool and grain futures list modest shifts. Continuous declines on lighter stock and steady to lower on heavier cattle.
MENTIONED IN THIS ARTICLE
Bexar
Fort Worth
Hoss
Chicago
Snenaely
Foreign exchange rates steady with minor changes noted
The market reports mixed FX values with the pound and several European currencies unchanged. The dollar offerings show fractional shifts in multiple pairs while several nations hold rates firm.
Strike Disrupts Rock Island Service in Texas
A Western and Midwestern rail strike paralyzed Texas rail traffic with Rock Island Railroad sharply cutting freight and passenger service. Northbound Dallas traffic halted while the Twin Star Rocket continues Dallas to Houston. Freight cars shift to Dallas yards under nonstriking crews.
MENTIONED IN THIS ARTICLE
Dallas
Texas
Rock Island Railroad
A. F. Hatcher
Houston
Kansas City
Minneapolis
Rock Island
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Tel & Tel
Avco Mtg
Braniff’ Aire G
Biecyster Corp
Curtiss Wright
Ge Ay
Ance
Wanger Glass Tops
5Th & Brazos Sts
Interior Movement
Midge
Memphis
Little Rock
Michelles
Galveston Sweewer
Savannah
Charleston
Osae
Boston
New Yor
Minneapolis Flax
Piaz
Mexico
Tarrison- Wilson- Pearson
By d’Alessio
Philip
Lake
Illinois
Indiana
Eestewr Eens
Kansas City Grain
Chicago Livestock
Great Britain
Britain
Jorday Tures
Belgium
Ienebet
Dorbastad
Holland
Avaly
Ortugal
Sweden
Switzerland
East
Hong Kong
Texas Railroad
ieEngine
Amarillo
Austin Hotel
Cascade
Kentucky
GEO. A. Dickel Distilling Company
Lowisville
Chrysler
Brazos Street
Cas