Wall Street Ends Week With Dull Trading And Broad Losses
Financial markets closed July with a weak finish as traders stood aside amid a mild late rally. Stocks declined 2 to 4 points on light volume and major names like American Telephone and United States Steel fell sharply while others edged lower. Cotton and grains also slumped, bonds remained heavy, and overall market activity thinned.
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New York
Wall Street
United States Steel
American Telephone
American Can
Bethlehem
Allied Chemical
Kennecott
du Pont
Woolworth
Southern Pacific
Chesapeake and Ohio
Santa Fe
Union Pacific
Western Union
Peoples Gas
Case
United States Smelting
New York Stock Exchange Quotations Page
Financial quotes furnished by Bryan, Kemp and Company for the New York Stock Exchange and related exchanges. Telephone numbers and exchange affiliations listed, including the New York Cotton Exchange and New York Curb Exchange with associate status at the Chicago Board of Trade and Richmond Stock Exchange.
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N. Y. Stock Exchange
Bryan, Kemp and Company
New York Stock Exchange
New York Cotton Exchange
New York Curb Exchange
Chicago Board of Trade
Richmond Stock Exchange
New York Produce Exchange
New York Coffee and Sugar Exchange
New York Cocoa Exchange, Inc
Chicago Stock Exchange
Cleveland Stock Exchange Rubber Exchange of
New York, Inc
Bond Market Turns East With Stock Sympathy
New York on July 31 reported a bond market decline as most categories fell 1 to 3 points or more despite a late rally. Trading resumed on regular hours from 10 a.m. to 3 p.m. after last week's abbreviated sessions and activity was not pronounced.
MENTIONED IN THIS ARTICLE
New York
C B Hancock Investments Sees Power Co Preferred Moves
Appalachian Electric Power Co reports a $7.90 preferred share transaction led by C B Hancock Investments. The dealings include buying and selling shares under the firm’s investment activity.
MENTIONED IN THIS ARTICLE
Appalachian Electric Power Co
Treasury Market Shifts as August Financing Terms Attract Interest
Sales totaled 13 661 000 dollars par value and the average for 60 domestic corporate loans slipped four tenths. The financial district favored government terms for August financing involving about 1 000 000 900 dollars. Treasury issues and Liberty bonds fell 1/32 to 14/32 of a point as treasuries showed unusual activity.
MENTIONED IN THIS ARTICLE
Financial District
Treasury
Liberty Bonds
Treasuries
Pittsburgh Produce Prices and Market Demand Report
Pittsburgh July 31 produce report shows moderate demand with assorted items. Apples from Delaware Williams red large to medium priced 1.25 to 1.50 per bushel, Virginia Duchess medium 1.00, New Jersey Williams Red 1.10 to 1.25. potatoes steady with Coblers at 5.00 per 100 lbs. butter and eggs quoted, cheese and poultry per item listings included.
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Pittsburgh
Delaware Williams
Virginia Duchess
New Jersey
Williams
Coblers
Maryland
Delaware
Virginia
Hennery
Ohio
West Virginia
Kentucky
New York
Grain markets plunge as limits lock in declines
Chicago July 31 complete collapse marked the third straight day of losses with prices operating at extreme daily limits. Wheat closed down 5 cents from Saturday, corn 4 cents lower, oats 3 cents off, and provisions down 12 to 50 cents as traders sought confidence amid unsettled trading.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Livestock Prices and Market Slowdown Report
Chicago livestock report shows hogs 28 000 with 11 000 direct and slow trading. cattle 12 000, steers and yearlings higher on tight supply, vealers weak. Sheep 13 000 with lambs around steady and rangers improving. tops include 7.40 for steers and 8.25 for lambs.
Lancaster Market Report Sees Mixed Beef and Hog Trading
Lancaster Pa July 31 market notes open activity in beef steers and yearlings with one load 1,340 lb averages sold at 6.35 and bulk 5.75 6.25. Hogs steady with choice westerns 5.50 5.75 and locals 6.25 5.40. Calves active with choice vealers 7.50. sheep steady with choice lambs 7.75 8.25. Receipts: cattle 2,380. calves 408. hogs 358. sheep 215.
MENTIONED IN THIS ARTICLE
Lancaster
New York Poultry Prices and Classifications Report
New York July 31 meat and poultry prices show mixed colors and special packs from fresh receipts. Standards and commercial standards list firsts seconds and average checks for eggs and dressed poultry including white eggs premium marks and nearby markets.
MENTIONED IN THIS ARTICLE
New York
Live poultry quotas and price listings update
Fresh turkeys and ducks appear with quoted and unquoted price ranges. Frozen poultry shows separate lines with marked quantities. The notice details live poultry nominal terms and clarifies quotes and exclusions.
Jersey City Livestock Prices July Report
State Dept of Agriculture livestock totals for Jersey City show cattle 1 221 head with 525 direct, vealers 3 770 with 2 030 direct, sheep and lambs 13 735 including 6 224 direct, and hogs 5 223 all direct. Cattle prices range from 1 75 to 4 25 for various grades, vealers mostly 5 50 to 8 00, lambs 6 50 to 9 00, with general directions noted as steady to firm and varying by quality.
MENTIONED IN THIS ARTICLE
Jersey City
N. J
State Dept. of Agr
Mkts
Pittsburgh Livestock Runs Steady to Higher Across Markets
At Pittsburgh on July 31 receipts of hogs cattle calves and sheep showed mixed moves. Hog prices ranged from 3.00 to 5.10 with varying weights. cattle numbers 759 steady to lower with steers 5.00 to 6.25 and good cows 2.25 to 3.50. Calves 850 steady with good vealers 5.00 to 5.75 and heavy thin calves 2.50 to 3.50. Sheep 3,500 steady to 25 cents higher with lambs 7.75 to 8.00 and ewes 1.00 to 2.50.
MENTIONED IN THIS ARTICLE
Choice Rangers
Pittsburgh
Baltimore Livestock Prices in Midst of Market Slump
Cattle market slow with only medium grades moving. Bulls and steers range from 3.25 to 7.00, heifers up to 5.00, sheep and lambs 2.50 to 8.50, hogs steady around 4.80 to 5.19, calves 3.50 to 6.00. Also note a remark that over 8 percent of passenger cars built in early 1933 were sold for under 500 dollars.
Freckles and His Friends AIker Watches the Train
In this panel Freckles and friends observe a mountain bound train arriving. A quirky AI figure named AIker is shown watching the scene with curiosity and humor as the locomotive rolls into view.
Grain Prices and Quotations in Toledo Market
Toledo July 31 grain report shows on track rates and nominal basis with Wheat No 2 red 83 84 percent, No 1 red 84 86, Corn No 2 yellow 47 48, No 3 yellow 46 47, Oats No 2 white 36 37 percent, No white 35 37. Grain in store transit billing attached notes wheat 7 above track quotation, corn 4 above, oats 24 3 above. Red clover cash 8.50, October 8.75. Alsike cash 8.75, August 9.00.
MENTIONED IN THIS ARTICLE
Toledo
New York Mills Close For Inventory Amid Tax Readjustment
In New York on July 31 several cotton goods mills shut temporarily to take inventory for the floor covering tax. Traders report buyers slowed by tax computations and new price talks. Branded sheets and pillowcases rose again to reflect processors tax. Trade in most private markets remains light due to price readjustments under the NRA.
MENTIONED IN THIS ARTICLE
New York
N. R.A
Raw sugar steady in New York market with mixed futures
New York on July 31 saw raw sugar unchanged at 3.50 per cent for spots and refiners showing little interest. Futures declined 2 to 4 points on liquidation as sales reached 17,500 tons while the refined market held at 4.70 per 100 pounds for fine granulated.
MENTIONED IN THIS ARTICLE
New York
Foreign exchange rates listed for major currencies
New York July 31 foreign exchange rates show Great Britain at 4.48 and 4.52 percent for 60 day bills. France 5.28, Italy 7.10, Belgium 18.80, Germany 2.15, Holland 54.35, Norway 22.50, Sweden 23.25, Denmark 20.00, Switzerland 26.12, Spain 11.29, Portugal 4.27 percent, Greece 0.77 percent, Poland 15.70, Czechoslovakia 4.06, Jugoslavia 1.86, Austria 15.60, Romania 855 percent, Argentina 34.81, Brazil 8.20, Tokyo 28.12, Shanghai 28.37, Mexico City 28.4, Montreal in New York 93.00, New York in Montreal 107.50. Nominal.
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Closina Ae
Adams Express
Autolite
Owens Tl Glass
Toy Air Reduction
Alaska
Juneau Gold
BASIE
Alleghany Corpn
Eeebes
Penney
J Sheers
Freeport Texas
Penn, R. R
Amer
Car and Fay
Tank
Loco
Phillips
Radio Corpu
Goodrich Northern
Keith Orpheum
Goodyear Tire Tere
OM Am
Os Remington Rand
Anaconda Corp
Beuwee
Hershey
Hudson Motors
Reynolds Tob
Hupp Motors Tee
Royal Dutch
Ee Ee
St Joseph
Auburn Auto
Int Harvester Coos
Sears Roebuck Aeaeee Ae
Aviathon Corpu
Seceree
International Shoe
Shattuck Bee
Baldwin Locoss
Int Nickel
Bethlehem Steel
Borden and Co
Kennecott Copper
Sou
Wee
Brooklyn Man
Trans
Brooklyn-Union Gas
Kroger Grace
Briggs Mfg
Wg Lambert Co
Calshee
Byers Pipe
Lehman Corp
Canada
Lehn and Fink
Stewart Warner
Canadian Pacific Weaee
Liggett and Myers “B’ Ao
Bly Stone and Webster
Studebaker Eee
Cerro de Paseo
Lowe's Ine
Lorillard Tob
Texas Corp
Chesapeake Corp
N. Freee Am
Texas Gulf
Klee
Chrysler
Settee
Union Pacific
Coca-Cola
Magma
United Aircraft
Mathieson
United Carbon
Mexican
Ce United Coron Eee
Col. Gas
Elec
United Gas
Impr
Cc Credit
Eens
M K
S. Ind. Alchol
Eee
BOM Montgomery
Uv S
Biscuit
Nat Cash Register
Warren Tos
Warner Bros
Nat Distillers Eae
Wesson Oil
Eeteeee
Crown Cork
Nat Pow
Maryland
Curtiss-Wright
Nat Steel
Western Union
Curtis-Wright
Westinghouse
Drug. Inc
North Amer. Aviation A Woolworth Sear See
DuPont
North Amer. Co
Worthington Pump
Eastman Kodak
Otis Elev
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Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Rumania
Argentina
Brazil
Tokyo
Shanghai
Mexico City
Montreal
Call Money Rates Steady Across Short Terms In New York
Call money in New York on July 31 remained steady at 1 percent throughout the day. Time loans showed uniform pricing with 60 day and 90 day terms at 1 1 percent and longer 4 to 6 months around 1 1 percent. Prime commercial paper quoted at 1 4 percent while bankers acceptances stayed unchanged across 20 to 90 days and 4 to 6 months about 1 percent.
MENTIONED IN THIS ARTICLE
New York
Government bonds close with mixed Liberty and Treasury yields
In New York on July 31, United States government bonds finished with Liberty 1st 4 percent at 101.30, Liberty 4 percent at 102.28, Treasury 4 8? at 106, Treasury 4% at 104.18, and Treasury 3 percent at 102. The data lists prices and yields across several gilt issues.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Treasury
Wall Street Briefs on Insurance Shares and Uruguay Bonds
Insuran Shares Certificates Inc reports June 30 liquidating value at 4.18 a share, up from 2.03 a year earlier. Uruguay 8 percent 1946 bonds coupons valued at about 25 dollars per 40 coupon at current exchange. Surrender rules undecided. New York Fed gold statement shows no change.
MENTIONED IN THIS ARTICLE
New York
Republic of Uruguay
Republic
Curb Market Falls On Downward Price Devisions
New York July 31 The curb market trailed the big board with sharp price declines from 1 to about 6 points amid dull trading. Five hour session turnover near 437 000 shares vs 279 000 last Friday. Aluminum Company of America down 6 points closed just above the day’s low. Dow Chemical and General Tire and Rubber each shed about 6. Consolidated Mining tumbled 12 on light transfer with losses spanning utilities oils and mining shares.
MENTIONED IN THIS ARTICLE
New York
Aluminum Company of America
Dow Chemical
General Tire and Rubber
Consolidated Mining
Losees
Wheat market weakness cuts buying signs and prices ease
Flour trends show renewed buying interest fading as the wheat market weakens. Mill representatives and brokers report softer prices. Domestic wool receipts in Boston rose to 19,867,200 pounds in the past week from 14,044,800 prior week, with broader paper demand for most products noted.
MENTIONED IN THIS ARTICLE
Associated Press
Boston
Boxboard market sustains July pace amid summer lull
The report notes continued activity through July at roughly June levels with boxboard trade steady. Pig iron sales by New York agents last week totaled about 2 000 tons, reflecting the typical summer slowdown and subdued trading in metals.
MENTIONED IN THIS ARTICLE
New York
Train Fatality on Chesapeake and Ohio Bridge
Huntington-Lula Smith, 22, was killed by a train on the Chesapeake and Ohio railroad bridge while walking the structure as a westbound passenger train passed an eastbound freight. Butter market notes show steady tone with varied price quotes and percentages.
MENTIONED IN THIS ARTICLE
Huntington
Lula Smith
Independent milk dealers plan to defy federal price policy
Chicago milk dealers claim to sell at cash and carry prices exceeding one fourth of the city supply while the federal farm relief program enforces ten cents a quart as the minimum. Independents selling above that price vow to continue, organize 100 plus stands as the Independent Milk Producers Association of Northern Illinois, and prepare to fight the agricultural adjustment act in court.
MENTIONED IN THIS ARTICLE
Chicago
Federal Farm Relief Program
Department of Agriculture
Wallace
City Board of Health
Independent Milk Producers Association of Northern Illinois
New French Passenger Plane Debuts Twin Cabin Design
A new French passenger plane features two cabins mounted under the wings, one on each side of the landing gear area. The unusual arrangement places cabins directly above the wheels, showcasing an innovative yet unconventional layout for postwar airliners.
Livingston & Co adds Walker in Richmond office
Ross H. Walker will join Livingston & Co as of August 1 in charge of Richmond and other offices. The firm lists partners Price Livingston Gilbert Finnerty Clark Haff Mackessy with Baker Lee Troy and Walker as resident and adds the Richmond Stock Exchange to its exchanges. Branch offices span Atlanta Boston Charlotte Cleveland Macon Norfolk Portsmouth Poughkeepsie Providence Bluefield Roanoke Newport News Petersburg Bristol Danville Staunton and Richmond. The policy direction remains unchanged from Bryan Kemp and Co heritage.
MENTIONED IN THIS ARTICLE
Bryan, Kemp and Co
Livingston & Co
New York Stock Exchange
Richmond
Bryan, Kemp & Co
Ross H. Walker
Edward M. Baker
Cleveland
Ohio
Martin C. Lee
Boston
Mass
Peter H. Troy
Poughkeepsie
N. Y
Atlanta
Charlotte
N. C
Macon
Norfolk
Portsmouth
Providence
R. I
Bluefield
Roanoke
Knoxville
Newport News
Petersburg
Bristol
Danville
Staunton
Also Mentioned on This Page
Standard Statistics Co
Ind. R
West Virginian Hotel
James B. Mann
Bluefield, W. VA
Ind
Omante
Aereal
C. B. Hancock Investments
Chicago Grain
Alexander
Harry Bowen
A. R. Hawthorne
Arthur J. MacBride
R. L. Wallace
Pocahontas Fuel Company
Incorporated
ONE Broadway
U.S
Pocahontas
Great Lakes
Mmal Pocahos
Atlantic Coast
Tidewater Pierse& Lambert
Point
Sewe
Norfolk and
Newport News, Va
Duycne
New Bedford
Salem, Mast
Mystic Wharf
Portland
Maine
di B N Lal
Sandusky
Boston, Mass
Portland, Ffennes Vores Way
Bluefield W. Va
Cincinnati, Ohio
Chicago, UL
Proxer Savon & CO. Ltd
Lime Street Square
London
Bengland
Coal Trading Association
Rotterdam
Hotlens
Predeck Gundersen
Bergen
Pinto Basto & CO
UTD
Lasvon
Portyal
Henry Coe & Clerics
Lomelini
Genoe
Pelldin Drottninggatan
Stockholm
Aktie Laget
Chicaco Livestock
U. S. Dept
Lancaster Livestock
NEW York Poultry
Jersey City Livestock
Pittsburgh Livestock
Baltimore Livestock
Baltimore
Freckles
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OF the
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Wall Street Briefs
New York Federal Reserve Bank
Jonathan Bryan
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Richmond, Va
Broadway, New York
Walter W. Price Gerald M. Livingston
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The
Messrs. Livingston & Co