Sharp Breaks In High Priced Industrial Stocks
New York market reports indicate pronounced reaction with sharp declines in many high priced industrials and rising volume. Bear tactics and speculative correction cited as causes while railroad consolidation legislation and a raised Frisco dividend emerged as notable developments.
MENTIONED IN THIS ARTICLE
New York
Ecord
Mack Trucks
Electric
Sears-Roebuck
American Can
General Electric Railway
White Motors
American Radiator
Chrysler Motors
Chicago Pneumatic Tool
Dupont
Gulf States Steel
International Telephone
R. H. Macy
Ventana Power
Nash Motors
Postum Cereal
F. G. Shattuck
Wool
Market Shows Mixed Bonds Stocks And Agricultural Prices
Trading reflected broad activity with oversubscriptions on the Canadian $70,000,000 issue and lively demand for Crespi Milan lire bonds as Italian exchange rose. Frisco income bonds gained while railroad shares led losses. livestock prices shifted with steers and sheep advancing, hogs steady, and cotton goods firmer amid firming raw silk and upcoming spring lines.
MENTIONED IN THIS ARTICLE
Crespi Cotton Works
Milan
Frisco
Wall Street
Atchison General
Chesapeake and Ohio
Southern Railway General
Louisville and Nashville
Seaboard Adjustment Sa
Florida Western and Northern
Trumbull Steel
New York Stock Exchange
United States
Williamson coal field and railroad link hailed in ad
A historical promotional piece touts Williamson as a gateway to a billion dollar coal field tied to Virginias Pennsylvanias Norfolk and Western lines. It cites United States Steel Ford mines and local Harmonious conditions with Kentucky neighbors and pride in the community. The office advertises real estate coal mines lands and industrial sites.
MENTIONED IN THIS ARTICLE
Welliamson
Pennsylvania-Norfolkk and Western
United States Steel
Ford Mines
Kentucky
Williamson
Bond Market Dull as Prices Hover and Yields Edge Up
Bond trading moved slowly with prices nearly motionless. Market analysts cited stock price uncertainty as the main factor dampening interest while total bond sales reached 8.044 million dollars amid steady averages across various sectors.
New York Stocks Report Broad Scan of Major Corporations
The list details prices and tickers for Allied, American Car and Foundry, American Petroleum, Union Pacific, General Electric, General Motors, Reynolds Tobacco, Southern Pacific, Southern Railway, United States Steel and others. The snapshot catalogues trading activity across railways, manufacturing, tobacco, and metal firms with varied performance indicators.
MENTIONED IN THIS ARTICLE
Baldwin
American Tobacco
Consolidated Cigar, Foundation Company
Havana Electric
Otis Steel
New York
Allied
Sete
American Car and Foundry
Ets
Jean Perican Berican Petroleum
Reading C
Palesar St Warner A
Cco
Transcontinental
Union Pacific American American
United States
Pened States
Chicago
Pacific General Asneral Electric
General Motors
Araee Northern Prateries Sceauine
States
F Motors
Este ‘Corporation Ebeneve
Repu
Tron and Steel
Reynolds Tobacco
St. Louis
San Francisco
Penbeae Ree Bao
Vncccccesceses
Sinclair Consolidated EE Scartess
Southern Pacific
Southern Railway
American Amerited States Rubber
United States Steel
Government bonds in New York close steady on United issue
United States government bonds closed with Liberty 3 4% near 100.27, first 4% near 102.1, second 4% near 100.31, third 4% near 101.15, fourth 4% near 102.10, and Treasury 4 1/2 at 106.13, as prices held firm in a quiet session.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Treasury
Call money rates ease with steady time loans in New York
New York on September 2 reports call money easier with the ruling rate at 4 percent and closing bids offered at 4 percent. Time loans remain firm with mixed collateral for 60 to 90 days and 4 to 6 months at 4 percent. Prime mercantile paper cited at 4.4 percent.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Cattle Receipts and Price Shifts Reported in Chicago
Livestock traders in Chicago note cattle receipts at 9,000 with better grades of fed steers up about 10 cents, heavier offerings drawing higher spots, while low grades and western crossers hold steadier to slightly lower bids. State western stock mentioned amid market activity.
MENTIONED IN THIS ARTICLE
Chicago
Sugar Prices Edge Down on Liberal Offerings in New York
Raw sugar fell to 4.3 cents a pound duty paid as 21 000 bags of Cuban origin and 20 000 bags for prompt shipment to local refiners moved in. Futures eased on Wall Street and European demand amid expectations of another Cuban bumper crop next year. September 2.54 December 2.60 March 2.85 May 2.65 steady refined range 5.50 to 6.60.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Cuba
Butter market slips as 92 score blocks ease
Chicago September 2 reports liberal offerings of 92 score butter cause a quarter cent drop in that grade. Market zones end steady with slow demand and movement. Fresh 92 score central, 42 cents. centralized 43 4c.
MENTIONED IN THIS ARTICLE
Chicago
Rug and carpet auction heats up in New York market
Dry goods reporting from New York notes ongoing activity at the large carpet and rug action with prices firmer than on Tuesday. Riddinge remains active as bids advance and sales progress through the day.
MENTIONED IN THIS ARTICLE
New York
Dairy prices and receipts in New York market
Butter firm with 16 786 pounds receipts and varied grades. Fresh gathered extra firsts at 35 to 26 and 34 to 35 cents. nearby hennery browns extras 42 to 51 cents. Cheese steady with 214 135 pounds received.
MENTIONED IN THIS ARTICLE
New York
Hennery
Wheat prices tumble as corn advances in Chicago market
Wheat futures sank while corn prices rose in Chicago. The wheat market was described as one of the highest globally, reflecting a sharp price decline amid mixed grain trading.
MENTIONED IN THIS ARTICLE
Chicago
Grain market report shows declines amid crop damage concerns
The movement of the new spring crop especially Canadian wheat faced pressure from dry weather and crop damage reports. Wheat finished heavy with declines of 1 to 2 percent. December futures moved to 1.51 and May to 1.56, while corn and oats showed mixed gains and provisions varied between a decline and a rise.
Wool market activity slows on seasonal textile vacations
The wool market shows subdued activity due to factory vacations in textiles. Ohio three-eighth and one-quarter blood grades are quiet, with late sales holding to quoted figures. Ohio and Michigan quarter bloods sold within the set range, while one half blood remains active around 1.15 dollars.
MENTIONED IN THIS ARTICLE
Boston
Consumig
Ohio
Michigan
Foreign exchange rates in early September markets
New York reports irregular foreign exchanges with quotations in cents. Rates list Britain around 4.84, France near 4.69, Germany 23.80, Argentina 40.04, Brazil 13.12, Shanghai 80 percent, Tokyo 10 percent, Montreal 100 1/16, and other currencies across Europe and the Americas.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czzecho
Slovakia
Jaeo-Slavia
Ausria
Rumania
Argentina
Brazil
Shangehai
Tokio
Montreal
Grain Futures Prices and Bids Summary
The report lists seed and wheat futures with bids and prices for several months. Commodities include Clover, Aleike, Timothy with values for December March October and September. Prices range from around 1.66 to 14.55 per bushel, reflecting market bids for December and March contracts.
MENTIONED IN THIS ARTICLE
Toledo
C. Sant
Aleike
Timothy
Poultry Firms Reported With Dressed Live Offerings
New York market notes show a dressed poultry firm and a live poultry firm operating as of September 2 with bid levels and supply updates.
MENTIONED IN THIS ARTICLE
New York
Dressed
Virginia Division of Markets Report Richland Sept 2
Richmond reports live poultry supplies moderate demand slow market steady with various weights and colors priced per lb. Leghorns 17-26c, hens 21-23c, chicks 30-32c, roosters 15-16c. Butter and creamery items quoted. cattle receipts 1300 with beef prices down about 25c, bulls and cows weak, stockers and feeders mixed.
MENTIONED IN THIS ARTICLE
Richond
Virginia Division of Markets
Richmond
Lancaster
Live cattle and sheep market notes with regional prices
Jersey City receipts show 800 cattle and 230 valves with 1380 directs. steers weak and scarce with few good lots. Calves steady with top $14.00 and select $14.25. state calves $11.50-$12. Southerns slow with $1 drop. Kentucky cattle $12.75 and westerns $10.25. Jersey market 7720 head incl 2650 directs, fairly active barely steady with top $17.00 and fat cattle $16.50-$16.75. lambs scarce in Richmond as lamb prices vary widely.
MENTIONED IN THIS ARTICLE
Jersey City
Kentucky
Jersey
Richmond
Market quotes for livestock and weight groups reported
The record lists light and heavy drum choices with quoted prices from 13 to 14 dollars. It notes cull and commodity weights from 10 to 612 dollars and mentions sheep with a 3 4 fraction in the description.
Also Mentioned on This Page
Indus
Frogogat
MR. Finkle
R. Finkle
By Ahern
EAGE
Sams
Fdw
RB. Juhling
Wm. F. Toney
Coal Property
C. B. Hancock
Bluefield, W. VA
Som
Akal
American Coal Co
Apes
Ampheless Coal
Leeeer Water Works
Leckie Fire Creek Goal CO
Premier
Red Ash Coal Co
Pocahontas Coal
Sullivan Docshonian
Sunbeam Coal Co
Terling Hardware Co
Wearies Coal
West Virginia “Mortgage and Discount Corporation
Discount
Bia
Moses Hyman
Welch, W. Va
Mie Aed
Bluefield
East Ragiec
Radford
Bristol
Wem
Lynchburg
Welph
Bustandoa
Roanoke
Terere
Norfolk
Kegova
Columbus
Denati Chigas
Charleston
Sleeper
Columbia Enota
Portsmouth
C. A
Fesr Weld
Gary
WILEY
Bluclieid
W. Va
Bluefield Welding Company
Commerce Street
College Heights
Shott, Early & Shott
Gov’t Bonds
Mortgage Service & Real
Commercial Bank
C. F. Lyda
J. G. Ridinger
Zee
Fanny Buzz
Zeb Perkins
Reckles
His
By Blosser
Senea
DR. Memmings
Mel
Tray
First National Bank
Princeton
Community Loan Company OF Blue Seld
Bland Street
W. C. Neikirk, Secy-Treas
Isaac T. Mann
James Elwood Jones
Thomas F. Farren
Mar
A. J. McBride
H. R. Hawthorne
O. Is Alexander
Pocahontas Fuel Company
PEC Trade
Pocahontas
Pocahontas Coalfie
Pocahontas Fuel Company, Incorporated
Virginia
Broadway
Main St. Logdon
Mass
Board of Trade
Cincinnati, Ohio
Point
Newportens
Great Lakes
Sandusky
London
MOXEY
Lime Street Square
Igland
Henry Coe & Clerci
Playzams
Matteo
Geneva
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