Wall Street Drops Flood Steel Shares in Broad Market Selloff
Not since 1907 has the Street seen such a shock as today with steel common tumbling from 46 to 44 8 in early trading and Reading sliding from 128 3 4 to 118 1 4. Amalgamated and Union Pacific also fell as foreign and domestic traders poured in heavy sell orders amid pervasive market rumors and wage readjustment talk.
MENTIONED IN THIS ARTICLE
State Street
Steel Corporation
London
Steel Common
Erie
Reading
New York Central
Albany
State Senate
Coney Island
Brooklyn
Harriman
J. P. Morgan & Co
Union Pacific
Steel
Southern Pacific
Amalgamated
St. Paul
Bears
New York
North Butte
Butte
Osceola
Isle Royale
Wolverine
Calumet & Hecla
Mohawk
Utah
Copper
Boston & Maine
Chemical
Boston Elevated
File Royale
American Chemical
American Telephone
Lake
Old Dominion
Quincy
Tamarack
Smelting Common
Utah Consolidated
Calumet & Arizona
Boston Curb Market Steady with Leading Issues Top
Boston February 23 curb market shows prices generally firm. First National Raven and Silver Leaf lead list while overall curb fluctuations are detailed in the report.
MENTIONED IN THIS ARTICLE
Boston
First National
Raven
Silver Leaf
First Mtge Five Percent Bonds Due February First 1932
Bonds priced at 98 with accrued interest yield 5.15 percent. Annual income details indicate investors receive 5 percent coupon until maturity on February 1 1932, reflecting current market demand and yield.
French bankers issue Argentine loan without prior permit
A syndicate including Paris and Pays Bas banks with Lyonnais and Societe Generale takes 17 million at 96 1 2 for the Argentine 5 percent loan while London 15 million at 97 1 2 and Berlin 8 million and New York 10 million participate. Montclair sells school bonds to N W Halsey 103 399 and Kuhn Loeb syndicate forms to underwrite 44.5 million of Southern Pacific convertible bonds with 1 1/2 percent commission. Newport bids due Feb 25 for a 30 000 loan and Portland plans 2 million water bonds sale.
MENTIONED IN THIS ARTICLE
Amer Ag Chem
Amer Tel & Tel
Bé& Q
Western
Atchison
Boston & Albany
Boston Elevated
Boston & Lowell
Boston & Maine
Fitchburg
NOY & NE Oo
Old Colony
Union Pacific
Wae
West End
Eee
Scaecan Aete
Dwie
Allouez Eee
Arcadian
Aris. Com
Bonanza
Cal & Hecla
Con Mencur Iissues
Daly-West Copper Range
Franklin
Granby
Enee
Greene-Cananea
la Salle
Mexico
Mgrave
Nevada
North Butte
Tamarack. Ee
Tennessee
Trinity
Utah Console
Utah Copper Co
Victoria
Wolverine
Winona
Sere
Wyandot
LAND
East Bos Land
Amer Tel
Eae
Amer Sugar
GO Pretici Sci
Bos & Sub Pref
Edison Electric
General Electee
Hole
Ory Oy
Mass Electric
Mass Gas
Mergenthaler
Seattle
the Pullman Co
United Trust
United Shoe M
Ss Steel
Eee Ene Eraacark
Amer
Nor
Boston & Corbin
Boston
Dominion Iron
East Butte
C Vcs
Keweenaw
Swift & C
Utah-Apex
Ereene
Minn, St P
St M
Missouri Pacific
Mo, Kansas & Texas
New York Central
Ny, Ontario
Norfolk & Western
North American
Republic Steel
Ewnee
Rock Island
St L & S F
St Louis Southwestern
Sheffield
Southern Pacific
Southern Railway
Texas
Tennessee Copper
Pacific
Toledo St
L &Mes
Union Pacific E
Westinghouse Electric
Western Union
Enae
Wheeling & Lake Erie
Wisconsin Central
Paris
Pays Bas
Lyonnais
Socrete Generale
London
Berlin
New York
Montclair
N. J
N. W. Halsey & Co
Newport
R. I
Also Mentioned on This Page
Chicago & Alton
N. E. Telephone
Baltimore & Ohio
Brooklyn Rapid Transit
Chesapeake & Ohio
Colorado
Denver & Rio Grande
Great Northern
Missouri
Kansas & Texas
Northern Pacific
Pennsylvania
Wabash
New York Stock Exchange
Cobalt
la Rose
Nipissing
Right of Way
Crown Reserve
Kerr Lake
City of Cobalt
Temiskaming
Hudson Bay
Buffalo
Old Dominion of New Jersey
H. C. Wainwright & Co
Arthur S. Knight
G. M. Hyams
Amalgamated Copper Company
Boston & Montana Company
Giroux
Giroux Consolidated
Dick Bros. & Co
Norrie Sellar
E. A. Hunt, Jr
Sellar
Sellar, Wilson & Co
Mr. Hunt
R. W. Emmons, Jr
Schirmer, Chapin & Emmons
Europe
Mr. Emmons
Mauretania
First National Bank
George E. Learnard
John B. Chamberlin
Hooley
Houghton
Superior
William E. Soule
Boston Clearings
Ewee
Sub-treasury
Sterlin
Reichsmarks Ee
Ipeak
Gonosnr
Sccaawas
Boul Oss Ewinisses S
Standard and
Rockefeller
Cardus
Harter
United States
R. D. Kathrens
Aeme Consol
Ariz Mich
Rey Atl Gulf
Bay State Gas
Boston Ely
Cumberland Ely
Davis Daly
Dominion Copper
Eclipse Oil
See
Nat Copper Iy Ty
Giroux Consol
GSO Goldfield
Consol Ae
Mass
Members Consolidated Stock Exchange OF New York
Massachusetts
S. Harding Holbrook
Central Street
Puget Sound
N. Y
la Rose Oe
McKinley
Majestic Mason Valley
Ohio
San Antonio
Alaska Mines
American Tobacco
Butte Coalition
Aw Oo
Chicago Subwa Cobalt Central
Cumb Ely
Davis Daly Copper
Douglas Copper
Giroux Mining
Greene Cananea
Mines of America
King Edward
la Rose Wee Ee
Manhattan Transit
As SA
Ohio Copper
Rawhide Coalition
Standard Oil
Superior & Pittseee Ee
United Copper
Yukon
Canadian Pacific
Central Leather
Central of New Jersey
Chicago
Great Western
Chicago & Northwestern
Mil & St Paul Co
C & St Louis
Colorado Fuel & Iron
Colorado & Southern
Consolidated Gas
Corn Products
Delaware & ‘Hudson
Ee Distillers Securities
Erle
General Electric
Ore Ctis
Ilinois Central
Interborough
International Pump
Iowa Central
Kansas City Southern
Louisville & Nashville
Minneapolis & St Louis
F. L. Milliken & CO
Bankers and Brokers
State St
Atlantic Mining Canadian Pacific Pressed Steel Car
Leavitt & Grant
Broadway
Consolidated Stock Exchange of New York
Pac
the Hill
Cotton Oil
Lake Copper
Hargrave
H.A. Brown & CO
Philadelphia
So. Broad St
Douglas Shoe
Hotchkin & CO
A. D. F. Adams
Commission Stock Broker
Fort Hill
Chicago - New York Air Line
James Shay & Coq
Portland, Mo
Compressed Air Power Company
Compressed Air Power Co
Napier Motor Co
Jamaica Plain
Arisses
M. C. Barnard & CO
Stocks
Congress ST
Frederick R. Tibbitts
Bostow
Mass Investment Securities Commission
Cam
Burr Bros
Coalinga
California
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