Market in Suspense as Sugar Prices Decline and Trading Suspended
Stock market losses widen with sugar shares leading declines Cuba Cane falls to 36 American Beet Sugar at 915-8 American Sugar down 13-4. Hoover suspends sugar futures trading. Steel drops small. Copper steadies around 25 cents. Peace prospects split bullish and bearish views on future prices and demand. New Haven hits new low at 32 1-8 as extension to sell Boston & Maine shares adds to grim outlook.
MENTIONED IN THIS ARTICLE
Cuba
New York Coffee and Sugar Exchange
Hoover
New Haven
New York Central
America
New York
Knowlton
United States Court of the Southern District of
Aetna
Amer Marconi
Weeenee Amer Reduction
Ales
Carwen Steel Tool
Seeeneee Um
Car Light & Power
Curtiss Aeroplane
Emerson Phonograph
Er Heaney
Lake Torpedo
Marlin Arms
Smith Truck
United Motors
US Light & Heat
S Steamship Bbbee
US Air Craft
Wright-Martin
Ean E
Cosden & Camepeny
Cosden O & Ee
Alaska
Steeee
Pete Seemoerer
Car & Fdry
Max
Merritt Oil
SOG
Hide & Lea
Maxwell 2d
Marine
Int Sree
Mer Marine P
Midwest Oil
Midwest Afg
Miami Copper
Western
Midvale Steel
Oklahoma 0 & Gcom
Mo Pacific
MK & T Pf
Okla Prod & Rfg
Aes Eee
Smoelters
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Sumatra
T& T
Nevada
United Western
Y Central
West End O& G
Nynh&h
Atchison
Nor & Western
Nor & West Pf
Jas Brit Col
DAC
Gulf Wee
Pacific
Nova Sco Steel
Ohio Cities Gas
B&o F
Beaver Pex
Batopilas M
Ohio
Belmont
Beth
Big Ledge
Beth St
Pere Marquette
Boston & Pilentenac
Seesege
Pierce-Arrow
Butte Copper Zinc
En Ennee
Butterick Co Seeee
Pitts Coal Ctfs
Caledonia
But & Sup
Pitts & W Va
Calumet & Jerome
Wtee
Cal Pet
Coniagas
Anahents
Cerro de Pasco
Rep Iron & Stl
Royal Dutch
Arizons
Ote
Ches & Ohio
Banta Fe
Chic
M & St
Dome Co Cece E Tenons
CRI & Pao
Shat-Aris
Ely Cor
Sinclair
First National
Eee If
Coles & Iron
Hargraves - -Il
Texas Co
Hollin, A
Louisiana
Seeeeeel Aes
Gaston W
Real & Imp
Eleo
Wees
Manhesien
Wee Eld li
Sees Wees
Mason Valley
Oaarenseeee A
Utah Copper
Gulf St Steel
Ill Cent
Milord Co Acs
Warren Bros
Eee
Agri Bop
Willys-Over
Nat Mines
Har Corp
Eereee
North Star
Cotton Markets End Quiet Low as Prices Fall
The cotton market closed quiet with a drop of 85 points. Sales reached 800 bales and stocks at Atlantic ports stood at 485,020 bales while six day port receipts totaled 41,723 bales. Liverpool futures slipped across the curve with August near 18.70d and May-June around 16.66. Spot cotton showed minor gains on a 19.97d basis.
MENTIONED IN THIS ARTICLE
Great Britain
Atlantic
Liverpool
Beses
Lucrul
Market Update Points in Yesterday's Trading Totals
Yesterday's markets show New York total sales at 513500 shares and Boston 10336 shares. Steel led in New York with 87500 shares while Copper Range topped Boston with 1295 shares.
New York Stock Market Declines Amid War Negotiations
Market shows heavy losses across rails led by New Haven drop to a new low of .321-8 as New York Central slides 11-2. Pacifics improve briefly before fading. shippings and coppers rise modestly. United States Steel falls 13-8, Bethlehem Steel 8, sugars down 2 to 3 12 points. total volume 510,000 shares. Bonds trend lower. Panama coupons down five points on call.
MENTIONED IN THIS ARTICLE
New York
Rails
New Haven
New York Central
Delaware & Hudson
Sugar Exchange
United States Steel
Bethlehem Steel
Liberty
Panama
Boston Market Shows Broadening Trade and Mixed Moves
Boston market activity increased with volume about double the prior session. New Haven fell to a new low amid extension sales, American Telephone and New Haven led early trading, Cumberland copper shares edged up lightly, and Nova Scotia Steel slipped to 1047-8 after prior gains. New Cornelia voters approved capital stock increase to 1.8 million shares to fund adjoining claims. Granby copper output rose in July to 3,147,356 pounds while June quarter profits rose to $75,732. treasury at June 30 was $160,000.
MENTIONED IN THIS ARTICLE
American Telephone
New Haven
Boston & Maine
Atlantic Gulf
American Agriculture Chemical
Nova Scotia Steel
Allouez
Calumet & Arizona
United States
New Cornelia
Granby
Davis Daly
Treasury
Bond Market Summary Shows Daily and Yearly Comparisons
New York August 16 88 Ches and q total sales 3 078 million versus 4 071 million yesterday 3 141 million a week ago and 2 716 million a year ago. From January 1 to date 611 461 million against 663 929 million a year ago and 497 315 million two years ago.
Cavalry to Form Machine Gun Command in Rhode Island
Providence reporters say the Rhode Island cavalry squadron will be reorganized as a machine gun command. Majors Roberts and Gatchell announced the change at Camp Beechman after returning from a Boston conference with General Edwards.
MENTIONED IN THIS ARTICLE
Providence
R. I
Rhode Island Cavalry
Camp Beechman
Roberts
Gatchell
Boston
Edwards
Cave Alry
Hoover suspends sugar futures on New York exchange
Speculation in sugar, rising for months, was halted on the New York Coffee and Sugar Exchange at the request of food administrator Herbert C. Hoover. He argued in a letter that futures trading no longer stabilizes prices and instead inflates them.
MENTIONED IN THIS ARTICLE
New York
New York Coffee and Sugar Exchange
Herbert C. Hoover
Exchange
Hoover urges sugar exchange to suspend futures trading
He calls for limiting to cash transactions between producers and buyers for own needs and asks the exchange to halt sugar futures to curb speculation. Prices have risen sharply since the war and granu lated futures show large gains. the exchange pledged cooperation to stabilize prices.
MENTIONED IN THIS ARTICLE
Mr. Hoover
France
Italy
England
Lawrence
The
Exchange
Hoover
Boy 7 Fractures Skull After Auto Truck Ride Steal
James Adams a seven year old from 35 Hall Place Quincy rode away on an auto truck and fell trying to alight suffering a skull fracture. He is listed as dangerous at Quincy City Hospital. The truck driver John Caravaglio of Puritan Syringe Bottline Company learned of the accident hours later.
MENTIONED IN THIS ARTICLE
James Adams
Hall Place
Quincy
Quincy City Hospital
John Caravaglio
Puritan Syringe Bottline Company
Provincetown relief fund rally aids stranded families
The Beach Combers relief drive in Provincetown raises funds for widows and children left destitute by the storm. Contributions from William H. Young, Misa Florence Waterbury, and Alice Worthington Ball push the total. Board of Trade and town officials praise public generosity and plan ongoing support and an emergency fund.
MENTIONED IN THIS ARTICLE
Provincetown
William H. Young
Seamen’s Savings Bank
Beach Combers’' Relief Fund
Misa Florence Waterbury
Morristown
N. J
Alice Worthington Ball
Provincetown Board of Trade
Boston Fish
Board of Trade
the Post
Beach Combers’ Relief Fund Committee
Pilgrim House
Percy Hitchcock
Fitchburg
Board of Selectmen
A. P. Hannum
Post
Cape Cod
New England
James Biram
W. E. Cowing
Board of Assessors
Beach Combers
Town House
Harry Campbell
George Senseney
Charles W. Hawthorne
Frederic X. Burt
Relief Fund Committee
Young
Knights of Columbus rally aids Provincetown storm victims
One third of the rally receipts at the Knights of Columbus event in the Common will be donated to Provincetown storm relief. Speakers included Timothy J. Buckley, Judge Joseph J. Murley, and Ignatius McNulty. McNulty urged democracy must survive.
MENTIONED IN THIS ARTICLE
Knights of Columbus
Provincetown
Timothy J. Buckley
Governor's Council
Joseph J. Murley
Boston Court
Ignatius McNulty
Boston Central Labor Union
McNulty
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Rally For Relief of