Markets Tumble as All Major Divisions Hit New Lows
New York stock markets closed near day lows as liquidity and short selling pushed prices down across all major divisions. United States Steel slumped 11-4, Crucible Steel dropped, and rails retreated despite brief early strength from short covering on a proposed dividend. Total volume reached 9,675,000.
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New York Butter and Cheese Prices Reported Mixed
In New York on June 17 price notes show butter firm above extras at 33 1 2 RA. Kegs irregular and fresh gathered extras firsts at 28 p3. Cheese firmer with average price 14 1 2 Vs Ne. Live poultry lists broilers 40 2, fowls 34, roosters 18. Dresses quiet with prices unchanged and flour barely steady.
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New York
Fire waste at home called national crime by Wentworth
Franklin H. Wentworth of Boston told the National Association of Credit Men that America must curb fire hazards through cooperative local action. He cited $112,000,000 lost in the first four months and urged swift legal penalties for preventable fires to curb insurance and housing crises. Rembrandt discoveries add to Berlin art news.
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Mafalda Receives Motor Driver Certificate
Princess Mafalda, second daughter of King Victor Emmanuel, has passed tests and earned a motor-driver certificate. She trained on the royal estate to become proficient.
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