Stock Market Slump Amid World Liquidation
Stocks demoralized by global liquidation push sharply lower. The market average fell over 17 points with General Motors down more than 23. Trading volume exceeded 1.3 million shares, the highest since October 1911.
MENTIONED IN THIS ARTICLE
Harvester
General Motors
Market summaries show gains and losses across exchanges
Daily stock activity lists New York and Boston trading totals, biggest gains and losses. Pacific Mail rises to 18 on the New York list while General Motors falls to 55. No. Texas Elec pl advances to 100 in Boston. Amalgamated slips to 50. Call money sits at 6 percent in New York and 5 percent in Boston. Time money ranges from 4 to 5 percent in New York and 5 to 5 1/2 percent in Boston.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Pacific Mail
General Motors
Texas Elec. Pl
Amalgamated
Call
Time Money
T&t
Alaska
Arizona
Wsnee
Atchison Aeeeeses
Bonanza Betereee
Bos Elevated
Bos & Albany
Bos & Maine Sneer
Butte & Supssesee
Cal & Arizona
Cal & Hecla
Orne
Ny Ie
Oo Gran Georgia Bloc Pt Steer
Neon
Greene C
Ndiana
Island Creek
Isle Royale
Mellwain
Lagg
Mergenthaler
Miami
Nevada
Old Colony
Gd Colony RR
Old Dominion
Sanseeeeee
Pondmee
Isan Sa
Eeaene
Ateaee
St Mary's Eeseee Aeewee
I York
Eeeeeereess
Eeee Ce
Son
Treasury
Sss
United States
New York Exchange
William C. van Antwerp
The
Stock Exchange
Europe
American Smelters
Atchison
Brooklyn Rapid Transit
Canadian Pacific
St. Paul
General Electric
International Harvester
Interborough
Lehigh
Valley
Northern Pacific
Sears Roebuck
Southern Pacific
Union Pacific
Texas Oil
Rubber
Am Car & Foundry Ee
Am Tel & Te
Anaconda
An Atchison Com
Baltimore & Ohio
Wee Io
St Pau
Erie Ae
Ol Corveceercessee
General Pilectric
Great Northern
Illinois Central
Missouri, Kansas & Texas
Missouri
New York Central
Pennsylvania
Tee
Reading
Eee
Twewee
Western Union US Steel Com
Ase
Teeeserereee Bby
Market Turmoil Hits New York as Global Tensions Rise
European financial developments spark heavy selling on the New York market with 1,383,000 shares overturned. Oil and other leaders drop 6 to 17 points while foreign sources supply about a fifth of volume. Gold shipments to London and Paris and war risk insurance add to volatility. U S bonds steady while total par value sales reach $4.475 million.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Germany
Russia
Cas
Gghouse Committee
London
Paris
Standard Oil Company
U. S
Bond Market At Cl Cal Ga 2
In Cl Cal Ga the bond market activity stayed steady as traders weighed yields and risk. Investors eyed municipal and corporate issues, with limited new supply and cautious demand across maturities.
Wall Street Melts as Global Recession Grips Markets
Frenzied selling on the New York Stock Exchange drags prices to fresh lows as big foreign banks raise discount rates and copper sinks below 13 cents a pound for the first time since 1911. Brokers advise buying despite uncertainty while fears of a wider European war loom. huge losses blot major stocks and railroad indices.
MENTIONED IN THIS ARTICLE
Bears
Bank of England
Bank of France
New York
Europe
Morocco
America
New Fish Pier
Vanessa
Billow
Long Island
Angie B. Watson
Fannie Read
Virginia
Haddock
Roseric
Galcutta
Cocanada
Colombo
Mystic Wharf
Boston
Aden
Perim
Red Sea
Holland-American Line
Zuiderdyk
Rotterdam
Philadelphia
Allan Line
Pretorian
W. $. Hains
Moville
Glasgow
William Buick
Lynn
John H. Davidson
Providence Board of Trade
Robert and
Roland Nimmo
Springfield
John Ness
Peter Arnott
Peter Cameron
William Reid
Leyland Line
Anglian
Hoosack Docks
Charlestown
London
Boston Market Slump Marks Extended July Selloff
Boston traders faced a broad market decline led by Amalgamated and Steel as copper stocks fell sharply. Copper metal touched 18 cents while European selling and looming war fears lifted margin calls and anticipated further activity, with many issues hitting new lows.
MENTIONED IN THIS ARTICLE
Boston
New York
Amalgamated and Steel Common
Alaska
Butte & Superior
Calumet & Arizona
Calumet & Hecla
Granby
Mohawk
Osceola
Tamarack
Steel
Utah
Union Pacific
Southern Pacific
Great Northern
Atchison
Europe
Old South Trust opens for public inspection at new quarters
The Old South Trust Company invites the public to inspect its new quarters in the Old South Building next to Old South Church. President John R. McVey will greet visitors from 11 a.m. to 4 p.m. The bank's officers and directors are listed, with architectural work by G Henri Desmond noted for the facilities.
MENTIONED IN THIS ARTICLE
Old South Trust Company
Old South Bouilding
Raymond & Whitcomb Company
Old South Church
New Trust Company
John R. McVey
Francis L. Daly
Sidney
Whitinsville Man of 60 Ends Life at Home
John G. Allen, 60, committed death by own action today at his Hope street residence in Whitinsville by shooting himself in the head with a shotgun. His wife, upstairs, rushed to the cellar and found him dead. A separate note mentions Bob Dean and upcoming comic pictures for next Sunday's Post.
MENTIONED IN THIS ARTICLE
Whitinsville
John G. Allen
Hope Street
Bob Dean
Bondholder Appeal Over Rock Island Securities
N L Amster urges collateral bondholders to act to reclaim old Rock Island stock in exchange for collateral bonds. He cites New York editorials blaming reorganizations and claims official balances may be incorrect. He asserts Rock Island stock remains valuable after the holding company loss of control.
MENTIONED IN THIS ARTICLE
Chicago, Rock Island & Pacific Railway
Rock Island
Middle West
Chicago
Stirlington & Quincy
Chicago & Northwestern
St. Paul
Seisna Reffa
N. L. Amster
Milk Street
Boston
Dividends Declared by Major Corporations
A list of company dividends including Cleveland and Pittsburg railroads 18-4 percent on regular guaranteed stock 1 percent on special guaranteed betterment stock payable Sept. 1 to stock of record Aug. 10. Consolidated Gas 11-2 percent. Consumers Company 31-2 percent on preferred payable Aug. 20 to record Aug. 10. Detroit United Railway 11-2 percent payable Sept. 1. General Fire Extinguisher 21-2 percent on common stock payable Aug. 15. Hamilton Manufacturing 21-2 percent semi-annual payable Aug. 15. Medford Trust quarterly 2 percent. Mobile Electric 13-4 percent on preferred. National Lead 18-4 percent on preferred and 3-4 of 1 percent on common with book close dates. Ohio Cities Gas 11-4 percent on common payable Sept. 1 to record Aug. 15.
MENTIONED IN THIS ARTICLE
Cleveland & Pittsburg Railroad
Consolidated Gas
Consumers Company
Detroit United Railway Company
General Fire Extinguisher Company
Hamilton Manufacturing Company
Medford Trust Company
Mobile Electric Company
National Lead Company
Ohio Cities Gas Company
READY TO LEAVE HUB FOR AUSTRIANS HUNGARIANS
A large number of Austrians and Hungarians will depart for their homeland following a call to arms issued by Acting Consul H. C. Lagreze. The delegation is led by Andor Satmary, a lieutenant in the Austrian reserves. Andrei Kulvan of Everett notes Austrian law requires majority men to serve three years, followed by nine more years of potential duty with periodic camps.
MENTIONED IN THIS ARTICLE
H. C. Lagreze
Andor Satmary
Leutenant
Andrei Kulvan
Everett
Extravagant Farewell Dinner Costs 170000
Vienna Press recounts Theo dor Dreher a famed sportsman and heir who died in a car crash. Two winters ago he hosted a private Brioni supper inviting 12 male friends and 12 women, sending gifts of gold cigarette cases and diamond dated handbags. The lavish event reportedly cost 170000.
MENTIONED IN THIS ARTICLE
Vienna
Theodor Dreher
Brioni
Hungary
Riviera
Paris
Baton Rouge Electric First Mortgage Payment Notice
The Baton Rouge Electric Company announces first mortgage due payment details payable at the Office of Old Colony Trust Company. The notice references The Key West Electric Company and State Street Trust Company as related entities.
MENTIONED IN THIS ARTICLE
Baton Rouge Electric Company
First
Office of
Old Colony Trust Company
Dallas Electric Corporation
American Trust Company
Houston Electric Company
Office of International Trust Company
The
Key West Electric Company
State Street Trust Company
Pensacola Electric Company
Puget Sound Electric Railway
Puget Sound Traction, Light & Power Company
Seattle Electric Company
First Mortgage
Boston Safe Deposit and Trust Company
Office
Blockades on trade threaten US as war looms
Washington reports that in a general European war the contraband of war question will gain immense importance for the United States. Observers expect foreign nations to buy large amounts of food, clothing, and other goods to sustain their populations while production stalls and manpower is drafted.
MENTIONED IN THIS ARTICLE
Washington
Europe
United States
Contraband in International Law and Neutral Rights
The piece explains absolute and conditional contraband, notes confusion over conditional contraband, and discusses how foodstuffs can be contraband if linked to enemy use. It recounts Moore’s view, historic U.S. stance, and the impact of neutrality on trade and wartime supply lines.
MENTIONED IN THIS ARTICLE
John Bassett Moore
Shipping News Arrivals and Sailings Include Multiple Vessels
A long shipping list notes revenue cutter Gresham and numerous steamers, brigs, and schooners arriving or sailing from ports such as Jamaica, Cuba, Canada, Gloucester, Portland, New Bedford, and Halifax. Several named vessels and captains appear amid assorted routes to Eastport, Baltimore, Philadelphia, and Norfolk.
MENTIONED IN THIS ARTICLE
Gresham
Winram
Buzzards Bay
Zuiderdijk
Bijl
Rotterdam
Roserie
White
Calcutta
Canada
Colombo
Limon
Terfry
Port Maria
Port Antonio
Montego Bay
Jamaica
Garrier
van Ilder
Matanzas
Cuba
Kilsyth
Laing
Banes
Prince George
McKinnon
Yarmouth
Calvin Austin
Mitchell
St. John
N. B
Eastport
Portland
Gloucester
MacDorman
Norfolk
M. KE. Harper
Smith
Lamberts Point
Bunker Hill
Holmes
New York
Rose Standish
Rathbun
New Bedford
Camden
Rawley
Bangor
Ransom B. Fuller
Dennison
City of Rockland
Linscott
Bath
City of Gloucester
Linneken
Cape Ann
Godfrey
Cto
W. H. Moody
Knowlton
Rockport
Mass
Georges Creek
Brooks
Portsmouth
Baltimore
Otis Miller
Hawes
Sand River
S. Lewis
Cook
Halifax
Virginian
Morris
Point Wolf
Helen G. King
Wallace
Millbridge
J. Kennedy
Kelly
Steuben
Gold Hunter
Larkin
Ipswich
Also Mentioned on This Page
New York Market
Allis-Chalmers
Inewene
ilis-Chal i
Car & Fdy Pf
Tel & Tel
Atchison Pf
Atl Coast Line
Baldwin Loco
B& O
F Goodrich
F Goodrich Pf
Ohio
M & Be
Col
Col & Southern
Deere & Co Pf
del & Hudson
de Lack & W
den & RG Pf SA
Deere
Gen Motors
Til Central
Ian Inspiration
Agr Co
Int Harvester
Harv Corp
Kan City
Lack Steel
Lehigh Valley
Oeeres
Lou & Nash
Nat Ry M
Nor & Western
Norf & West Pf
Pac Tel & Tal
Psa
People’s Gas
Seaboard
Sears-Roe
Seare-Roebuck
Studebaker
Exas Co Weet
Exas & Pacific
Third Ave
Sterner Cea
U S
U S Steel
Westinghouse
Westghse 1St Pt
Wisconsin Cen
Woolworth
Boston Stocks
Standard Oil
Anglo-American Oi
Atlantic Refining
Borne-Scrymser
Eureka
Eesseceveeesale
de Seceeeseees
Indiana
National Transit
New York Transit
Scesses
Northern
Ohio Oil
Pierce Oil Corporation
Prairie Oil & Gas
Southern Pipe
South Penn Oil
South West Pa
Swan & Fineh
Union Tank Line
Washington Ol
Waters Pierce
Money Markets
Cal
Lpia Ibs
Waren Sr Tae
Pen. Ase. P. Close
Minneapolis
Duluth
Louis
Stener
Kansas City
Toledo
Detroit
Bay State Gastate
Ingham Mines
Butte & Son
Fot
Davis
Mass Breweries
Bros & Oe Etfs
McKinley Dar
CstLa&a
Stewart
Penn
C & West
Col & So
Cumberland
del & HH
Ray
Dan & It
Express
Distillers
Gshats
Elec Ee
Motors
Southern Ry
lHud & Man
Ee Arbor Ist
Grad & Man
Adj
Armour
Aennee
Marsie Serene So Pacific
Seeree
K C Ft
Ds Oisagss
Baneee
Kings Corlae
St Louis
Iggett & M
Lorillard Co
MK &T Ist
Seab Air Line
L & West
NYC& Bt
Nynh&h
Union Pac
O&w
Union Pac de
Mil
Ease C
Mil & &T
Il Estes Wes Electric
Cri&pry
CRI
Balt & O
Eer Balt
Benscree Beth Steel Int
Beth Steel
Bklyn
Ches & O
Alton
Gt Western
Wall Street
New York Stock Exchange
Brokers
Balt
UN Sh
U S Smelt
US Steel Peewee
Utah Consol
Utah Cop Co
Victoria
West End
Eneee
Western Union
Mona
Seme
Wolverine
Wyandot
Industrials
Lest
Ely
Florence
West End End
Casas
Jane
High Point
Low Point
OLD South Trust
Chicago, Rock Island and Pacific Railroad Co
Chicago, Rock Island & Pacific Railroad Co
New York Eves Ae
Stone & Webster Management
Iness
Professor Moore
France
Great Britain
Belgium
Netherlands
Jon Ek Along
New England Mill
New England Bank
Public Service Corp
Sherman Adams
Congress St
Shipping News
Tivives
Havana
Bocas del Toro
Annetta
Puerto Plata
Stigstad
Sydney
Governor Cobb
Himatada
Kershaw
Grectat
H. Dimock