Market Plunges as Heavy Liquidations Hit Rail and Steel Stocks
Stocks fell sharply after renewed selling across accounts as weak prices and rumors about St Paul Railroad spooked traders. United States Steel and American Can showed some resilience but ended lower as high priced issues like General Electric and International Business Machine fell steeply. Rail bonds also weakened with New York Central and Norfolk and Western trading at new lows amid concerns over earnings and lease negotiations.
MENTIONED IN THIS ARTICLE
Sek Che
Mae
St. Paul
United States Steel Common
American Can
United States
General Electric
American Locomotive
Atlantic Refining
Baldwin
Commercial Solvents A
Duapont International Business Machine
Laclede Gas
Lima Locomotive
Mack Trucks
New York Air Brake
Otis Elevator
Pressed Steel Car
Savage Arms
Texas Gulf
Consolidated Textile
New York Central
Southern Railway
Texas Pacific
Chesapeake and Ohio
Atchison, Rock Inland
Great Northern
Northern Pacific
Southern Pacific
Delaware and Hutson
Lackawanna
Norfolk and Western
Ihs
Pen Vivantia
Market Shifts as St Paul Railway Bonds Slip
New York on March 16 reports renewed selling of St Paul Railway obligations following a break in wholesale prices. Bond prices fell by one to two points, affecting a broad range of issues in a reactionary trading day.
MENTIONED IN THIS ARTICLE
New York
St. Paul Railway
Local bankers back Niagara Power bond issue offering
The article notes a push against the market trend with oil liens weakening the group as Skelly and Pan American drop. Industrial stocks such as Central Steel and Chile Copper fall while a $15 million bond issue for the Niagara Lockport and Ontario Power Co. is purchased by local bankers and slated for an early offering.
MENTIONED IN THIS ARTICLE
Eto
Skelly
Pan-American
Central Steel
Chile Copper
Niagara, Lockport and Ontario Power Company
Sugar Market Shifts as Futures Fall After Opening Rise
New York reports increased activity and a caster tendency in the raw sugar market. Spot prices held steady while futures eased after an initial rise, with 100000 bags of Cuban spot sold at 4.77 and April and late April shipments priced at 4.84 and 4.81 respectively. Refined sugar remained quiet with prices 6.00 to 6.20. refined futures were nominal. The New York Coffee and Sugar Exchange announced plans to abandon trading in refined sugar futures when current contracts expire.
MENTIONED IN THIS ARTICLE
New York
Trade and Commission House
New York Coffee and Sugar Exchange
Poultry price report from New York market
Live poultry steady with chickens and fowls priced by freight and express. Roosters and dressed poultry show varied quotes. turkeys listed for Western and Southwestern regions. Frozen stock price notables include 30 A5e.
MENTIONED IN THIS ARTICLE
New York
Mar
Express
Brollera
Freight
Cotton goods and yarns steady with active wash goods
In New York on March 16 cotton goods and yarns were quieter with prices holding. Wash goods especially rayon mixtures were active, and more domestics moved through retail. New fall lines of women's wear opened featuring fine cloakings while silks remained in strong demand. limited stocks slowed prompt filling of orders for many novelties.
MENTIONED IN THIS ARTICLE
New York
Seed prices in Toledo March 16 report
SEED Toledo March 16 lists cash wheat at 1.72 and 174 for quantity. Clover seed shows old and new at 18.10 with March 17.75 and October 13.50. Alsike prices cash and March 123.25 with August 12.00. Timothy seed cash and March 12.90 with May 3.00 and September 7.50.
MENTIONED IN THIS ARTICLE
Toledo
Clover
Alsike
Timothy
Cattle Prices Slip as Receipts Rise in Chicago Market
Livestock trade in Chicago on March 16 shows 19,000 cattle receipts with most fed steers in demand weakness. Trade dull and down about 25 to 50 cents on heavies, numerous loads unsold by noon. Steers overall ranged from good to top heavies with averages near 1,500 pounds, top papers around 11.50, bulk firmer cattle at 9.75 to 11.00, several strings 11.25.
MENTIONED IN THIS ARTICLE
Chicago
Livestock Auction Receipts and Prices Mixed Across Species
Hogs up to 14.15 with top and bulk weights 170 to 350 pounds around 15.80 to 14.14 while 140 to 150 pound hogs fetch 13.25 to 13.50. Vealers mostly 50 cents lower with light vealers 11.50 to 12.00. Sheep demand dull with fat lambs around 15 to 17.75 and ewes up to 17.75 amid broad price declines across categories. Cattle show varied action with vealers down and steers steady to higher in some grades and overall weaker stocker activity. Estimated holdover about 12,000 head outside first hands.
Grain Market Ices as Sudden Sell-Off Grips Chicago
Chicago grain market sees a sudden flight from buying with widespread selling and a sharp drop in values as buying pressure vanishes. Wheat leads the decline amid rapid price erosion.
MENTIONED IN THIS ARTICLE
Chicago
Mar
Real Estate Bargains On Aliff Bramwell And Franklin Streets
A street name change petition is noted for Aliff Street while two five room houses on Aliff are offered at 4000 with 150 cash and 25 monthly. Bramwell Road lists four room plastered and two five room frame houses near car line and school for 3600 each on easy terms. Franklin Street features an eight room frame house with garage and garden near school priced 5500 with 1000 cash and remaining balance.
MENTIONED IN THIS ARTICLE
Aliff Street
Bramwell Road
Subway
Franklin Street
Essex Street
Market report shows mixed grain and product futures movement
Siic 2 bushes from the day's top figures and closed excited, May delivery $1.64 to $1.65 and July $1.45 to $1.45, the bottom price reached 4% to 6c under Saturday's close. Rye finished at 4% to 4c net loss, corn 3% to 4c down, oats 1% to 2c off and provisions varying from 7c decline to 27c advance.
MENTIONED IN THIS ARTICLE
Siic
Dairy prices steady as butter and creamery rise noted
New York dairy reports show butter steady and creamery higher for extras and grade offers. Fresh gathered and storage milk prices vary by grade with whites and browns listed, while cheese remains firm with flats and fancy runs unquoted. The mimosa plant leaves are noted as highly sensitive to touch.
MENTIONED IN THIS ARTICLE
New York
Hennery
Pacific Coast
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Sarah
Th’ Fire Department
Sarah Peabodys
Otey Walker Bac
Simon Doolittle
Wall Street
Eastern Illinois
Katy
International Great Northern
Seaboard
Chicago and Alton
S. Norfolk and West
Media Chese
Allied Chemical 1
Svecbece
American Ca
American Car and Foundry
Pokeco
American 133
Fortes
Tobaces Ae
Olen
Eaconda Copper
Atlantic Coast Line
Baldwin Locomotive
Timore
Ohio
Hichem Steel
California Petrole
Canadian Pacific
Central Leather
Chandler Motor
Bates
Cheapo
Otto
Northweeteram
Ines Ag
St. Paul, Pfd
Setes
Ae Pacific
Colorado Fuel
Sega - On Congoleum
Ates Akevevaep
Consolidated Gas
Coaden
GUM Davison Chemical
Bot
de Nemours
Oorten Tee
General Asphalt
General Meet
G's
Gulf States
Steet
Houston
Hudeon Motors
Minolta Central
International Harvester
Eeee
ASQ Int
Helty- Springfield
Kennecott Copper
Lehigh Valley
Lamulaville
Nashville
Marland
Maxwell Motors
Mexican Seaboard
Missouri
Kansas
Texas
BOM
Missouri Pacific
Montgomery Ward
York Central
Ky N. H
Articord
Nortel
Pacific
Sears Roeluc
Sinclair
Ae Transcontinental
Union Pacific
United Drug
United States Cast
United States Industrial
Bluehold
East Radford
Radford
Gristol
Sud
Kotols
Lynchburs
Puna
Hagersing
Roanoke
Sinaneas P. Ae
Paecyer
Norfolk
Willa
Kenova
Cincinnath Gelumbus
Craciapadi
Gan
Charleston
Aoe
Sener i
Columbus
Bieeper
Inka
Enevs
Portamouth
Gary
Weir i
Nk m
Norton Ww
J. Dreket Im
Wiueteld
Bluefield
Virginia
Bluefield Trust Co
Bruvis, Boyvls and
Cval Property
Bluefiely
W. VA
First National Bank Sunding
American Coal Co
Citizens’ Bank of War Weld Trust Co
Pocahontas Fuel Co
Cometas Puci Co
Lamber
Stanley
Bluefield Lud As
Ols Bluefield
Exeter Street
Springdale Avenue
Oakhurst Fountain
Jefferson Street
North Street
Shenandoah Avenue
East River Avenue
Oak Grove Avenue
Augusta Street
Ohio Street
The
First National Bank
Bluefield, W. Va
Community Loan Company of
Bland Street
W. C, Neikirk, Secy
Treas
Isaac T. Manan Janes Vince
Presa
A. J. McMride
LL Alexander
Janes Thomas F. Marrell
Mer
H.R. Harvthorne
Ales
Pocahontas Fuel Company
Pocahontas
Pocahontas Cy
Udewater
United Gia
Pocahontas Fuel Company Incorporated
Cal Field
Noum
Tarcat’ Lakes
PFC. Rede Ent
Marie Calphur
Pocahontas Coalfield
Pocahontas Eo Company, Incorporated
Pocahontas Coal
Seri
Broadway
Boston
Mass
Beare of
Téo B
Norfole
GNC
Traction Builaing
Portland, Main
Pocahontas Wharf
Iltenst Blu
Lambert's Point
Sewell’s Mint
Newport Mews
City Pliers
Grear Lakes
Sandusky
Oto
London
Moxey, Bavon & Co, Ltd
Lime Street Square
Londer
Pneland
Italy
Henry Cor & Clerics Plasma
Matteo
Pocahontas Fuel Co., Inc
N. Y
Pacahontas
Watkins, Scott
Sth
Western Union
Feber
Ise
AR Larkin
Fathers Office
Ais
Bemane
Mar Larkin F
Hes
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