Record-Low Trading Trails Steel Stocks After Market Rally
Stocks weakened in New York as mixed steel and industrials move against a rally in wheat. United States Steel rose intraday then closed near the day low at 122 1/2, while American Car and Foundry and Nash Motors fell on renewed demand concerns. Independent issues showed some strength as market nerves kept prices uneven.
MENTIONED IN THIS ARTICLE
New York
United States Steel Corporation
Pivotal
American Cat
Baldwin
United States Steel Common
Studebaker
The
Steel Corporation
Ludlum Steel
American Bank Note
Nash Motors
American Car and Foundry
American Express
Associated Dry, Goods
Chicago Pneumatic Tool
Savage Arms
Tidewater Oi
Ward Baking A
Western Union Telegraph
Wilson & Co
St. Paul
Common
Preferred
New York Central
Union Pacific
Baltimore & Ohio
Rock Island
New York Bond Market Slumps On Money Tightening Fears
Prices across bonds fell as unsettled stock markets and tighter money rates sparked selling. Rail and oil issues led losses with St Paul Railway bonds and Pan American 6s and other issues dropping, while Detroit United Railways bond receivership news widened the decline. Government and corporate issues moved irregularly as subscription books closed on a 450 million offering.
MENTIONED IN THIS ARTICLE
New York
New York Central
Frisco
Norfolk & Western
Detroit United Railways
Standard Gas
Pan-American
Wilson & Co
United States
Federal Reserved Bank
Wheat futures rise on scarce supply but fail to hold gains
Sudden broadening of demand for wheat lifts May delivery prices by about 5 cents but profit taking erodes the peak. Government figures showing tighter country wheat supplies stirs buying, yet the market ends unsettled, down one to four cents from session highs.
Market Update Shows Mixed Grain and Provisions Shifts
Smaller gains and declines appear across grains with May at 1.97 and July at 1.64. Corn and oats fluctuated with minor changes, while provisions ranged from slight declines to a rise of about 15 cents.
Dairy Market Report From New York
Butter firm as receipts reach 16 185 while eggs hold steady at 47 116. Nearby hennery whites, extras at 39 4c, firsts to average extras 37y c. Pacific coast whites, extras 38 3 4c, firsts to extra firsts 1 37y c. Cheese market in firm tone with steady tone noted.
MENTIONED IN THIS ARTICLE
New York
Pacific Coast
Sugar market eases in New York trading
In New York sugar prices slipped 1 block to 4.77 duty paid as 30 000 Cuban bags, 5 000 Cuban and 25 000 Porto Rican bags moved to local refiners for prompt and March shipment. Raw futures fell 2 to 4 points before closing largely unchanged to 3 net lower. refined prices held 6.00 to 6.20 with light business and no refined futures quoted.
MENTIONED IN THIS ARTICLE
New York
Mar
Livestock market report from Chicago cattle sale
Chicago livestock notes show receipts of 9 000 with beef steers and yearlings steady to strong. Desirable young stock scarce with loads at 10 50 to 11 25 for heavies, fat cows 4 75 to 6 75, heifers 7 to 8 50, yearlings around 650 pounds 10 00, canners 3 25 to 4 15, veal calves 11 50 to 12 50 with some 15 00 for top bids.
MENTIONED IN THIS ARTICLE
Chicago
Market Report on Hogs Sheep and Lambs and Receipts
Hog receipts 23,000 trading slow uneven with early sales near steady to 15c lower. spots off 25c. top around 14.00 with bulk good and choice butchers 13.65 to 13.85. slaughter pigs 12.25 to 12.75. sows 12.65 to 12.80. Sheep receipts 15,000 slow. fat lambs steady to weak. top 17.50 for extreme weight. 90 to 95 pound lambs 15.50 to 15.75. ewes 9.15 to 10.50. feeding lambs 17.00 to 17.25.
Dry Goods Markets Hold Firm in New York Trade
Cotton goods stayed steady as eastern ginghams sold freely for fall. Some orders were cut to ensure prompt delivery while sheetings Osnaburgs and drills improved. Raw silk eased slightly with tub silks active. fine wool crepes and striped dress goods rose in demand. Advances on American woollens ranged 7 to 15 cents per yard on staples. better worsteds saw sharper gains.
MENTIONED IN THIS ARTICLE
New York
Also Mentioned on This Page
Then. & W
Cuba
Davison Chemlems
Pont de
Civif
Houston
Hudson Motors
Ben’ International Harvester
Tehiagh Valley
Loulaville
Nashville
Peck
Ouxwell Motors
Pennsylvania
Philadelphia
Reading
Phillips Peters Ee
Napablie
Toe Reynolds VR Tee S. Louis
San Francisco Seaboard
Mears Roebuck
Escevere Sinclatr Consolidated
Jone-Bhetfield Steel Co
Alifornia Oo
Sore Mt
Newcorey
Hastgore
Bristol
Norfolk
Philade
Lynchburg
Ors
Hageraing
Roanoke
Sheana
Jeeper
Ite
Williamson
Kenova
Cincinnati
Columbus
Cincinanaldi
Pins
Charleston
W. Va
Cincinnat
Coumbus
Creseer
Portamouth
Welch
Gary
Wiles
Norton
Bluefield
Virginia
Bluefield Trust Co
Cval Property
Bluefield, W. VA
Firet National Bank
Arnot Citizens’ Bank of War
Itid Trust Co
Pesahontas Het Go
Ganswea ‘Fuel Ca
Pita
Fitter Lumber Co
Stanley
Perpetual Care
Monte Vista Park
Monte Vista Park Cemetery
E. K. Bailey
Commercial Bank
Bluefield Puney
South Bluefield
Faris Real Estate
Franklin's
First National Bank
West Virginia
Business
Best
E. TY. Oliver
Community Loan Company of
Blend Street
W. C, Neikirk, Secy
Ircus
Thres
Chance T
Ike
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