Stock Market Slumps Amid Broad Liquidation
The market closed lower as liquidation hit many sectors, with lows in low-priced rails food specialties and several major rails. Mexican Petroleum and Punta Sugar stood out as active issues while bonds and foreign exchanges reflected unsettled conditions. Boston and New York volume figures for the period showed wide activity declines and shifting prices.
MENTIONED IN THIS ARTICLE
New York
Boston
Mexican Petroleum
Punta Sugar
Ist
Minor Motors
Texas & Pacific
St. Louis Southwestern
Wheeling & Lake Erie
Lake Erie & Western
Rock Island
Pere Marquette
Atlantic Coast Line
Security first and investments after
Careful investors investigate a security thoroughly before buying to assess value, earnings power, and price alignment with risk. The Post Financial Department offers questions on securities with a monthly column, answers by mail. Include name address and security inquirer to Financial Ed Boston Post, Boston, Mass.
MENTIONED IN THIS ARTICLE
The
Post Financial Department
Inquirer
Boston Post
Boston
Mass
Sinclair Wins Suit and Dividend Notices Parade
United Alley Steel Co declares a 6 cent quarterly dividend on common stock payable July 10 to shareholders of record June 26. Sinclair Consolidated Oil loses a suit to oust from San Miguel property. Sinclair Company wins. Boston Elevated Railway pays 4 a share on first preferred stock July 1 to holders of record June 2. Massachusetts Bond & Mortgage Co finances 10 East Boston dwelling houses at about 1 million dollars, targeting Orient Heights residential growth near the city core.
MENTIONED IN THIS ARTICLE
Atlantic Fruit Co
T. ©. Muller
Muller
Frederick B. Adams
Samuel F. Pryor
H. O. Havemeyer
United Alley Steel Co
International Mercantile Marine
Sinclair
Mexican Petroleum Company
Sinclair Consolidated Oil Company
San Miguel
Sinclair Company
Boston Elevated Railway Co
First
Old West End Street Railway Company
Boston Elevated First
Massachusetts Bond & Mortgage Company of
Boston
East Boston
Massachusetts Bond & Mortgage Company
Orient Heights
Bond Market Echoes Rush With Narrow Reversals And Rates
A sprawling financial note covers bond listings and securities from Liberty to Goodyear Tire bonds intertwined with railroads and oil stocks. It notes a cautious market reaction to price surges and hints at potential Fed rate adjustments amid global monetary easing signals.
Money market rates quoted at the Clearing House
Customers brokers loans quoted at 4 percent. Outside brokers loans 4 percent. Individual customer collateral loans 5 1 2 percent. Commercial loans 6 to 8 percent. Commercial paper 4 to 8 percent. Year money 4 to 4 percent.
Foreign bonds listing shows varied sovereignties and yields
A dense OCR list catalogs international bonds, including Argentina, Chile, Cuba, Uruguay, Brazil, Denmark, Belgium, Netherlands, Mexico, Japan, and others. The entry notes bond types such as s and 7s along with urban references like Rio de Janeiro, Paris, Marseilles, Berne, and Bogota, with assorted yields and dates scattered throughout.
Market Opens Weak as Brokers Readies Caution
Financial notes describe a weak start and cautious sentiment in equities with some buying in blue chips. Mexican Petroleum surged over 8 points amid rumors of a new well or Mexico bankers conference, while other stocks fell from recent highs and pools incurred losses.
MENTIONED IN THIS ARTICLE
Mexican Petroleum
Bankers’ Conference On
Mexico
Bears
Wholesale market prices for fruits, beans, meat and grain
Readable sections list prices for beans beef butter cheese corn meal eggs hay lamb millfeed oats onions potatoes and poultry. Prices are given per hundred pounds per ton or per 100 pounds with ranges for grades and regions. Multiple commodities include native and western meats and refined sugars with varying quality grades.
MENTIONED IN THIS ARTICLE
Ben Davie
N.Y
Mieh
Californi
Canada
Young America
Timothy
Pond Creek Coat Company Declares Common Stock Dividend
The Directors of Pond Creek Coat Company declare a dividend of 7406 per share on the Common Capital Stock payable July 1 1922 to stockholders of record at close of business June 23 1922 Batchelder Treasurer.
MENTIONED IN THIS ARTICLE
Preferred Stock
Island Creek Coal Company
Island Creek Coal Cmpany
Common Capital
W. Batchelder
Treasure
Pond Creek Coat Company
Batchelder
Stone & Webstar, Inc
Dividend Declarations by United Shoe Machinery Corp
The Directors declare a 144 percent dividend on Preferred stock and 50 cents per share on Common stock payable July 6. Stockholders of record at the close of business June 5 will receive the dividends.
Also Mentioned on This Page
Boston & Maine
Central Aguirre Sugar
Trafice
Island Creek Coal Common
Eastern Steamship Common
Boston Elevated
Gray & Davis
Ventura Oil
International Cement Common
Carson Hill Gold
United Shoe
Isle Royale
Old Dominion
Boston Stock Exchange
Boston & Maine Railroad
N March
Supreme Court
Nk Brr
Acerca Caan
Vraes
Mittee
J. P. Morgan & Co
Drexel & Co
Philadelphia
Atlantic Fruit
Central Aguirre Sugar Co
Porto Rico
Central Aguirre
Virginia Iron, Coal and Coke
Virginia Iron, Coal & Coke Company
Baltimore & Ohio
Financial General
Massachusetts Lighting Company
Anglo-American Oil
Wall Street
Cadows Co
Members
Consolidated Stock Exchange of New York
Congress
State Street
San
Aaska
Allied Chemical
lis-Calmers
Car & I
Ahly
Hide & L
Inter Corp
Ship & Con
Sm & Re
Sumatra
Tel & Tel
Atch
T& SF
T&sf Pf
Bir & Atl
Gf& WI
Agf& WI Pf
Austin-Nich
Atlas Tack Corp
Baldwin Loco
Balt & Ohio
Balt & Ohio Pf
Barnet
Barnedall A
Barnada
Batoplias
Beth Steel
Beas Ceee
Booth Fisherie
Brunswick
Burns Bros (A
Burns Bros
Butte Co &Z
Butte & Super
Butterick
Cerro de Pasco
Chandler Motor
Ches & Chio
Chi & Ton
Chic & Alton Pf
Chic & E
Ch & E Ilva
Ai Vere
Chi Pney Tool
Hi R L& Pac
Davison Chem
W- del. & Hudson Baw
del, Lack. & W
Detroit Edison
Det United
Dome Mines
DuPont de N
DuPont
Fed.Min & Sm i
Fed.m. & Am
Hall
Glidden Co
Cioadrich, BF
Granby
Goodrich BF
Dgl
Hartman Corp
Hudson Motor
Isdy
Illinois Central
Indiahoma
Indian Refining
Inspiration Co
Interboro Con
Interboro
Int Corp
Int Ag Corp
Comb Engi
Int & Gt North
Mer Marine
Invincible
Island Oil & T
Jones Bros Tea
Kansas City
Kansas & Gulf Bees
Kayser
Julius Shoes
Kelly Tire
Ats
Kelly T
Lehigh Valley
Ima
Lima
Loews Inc
Loose-Wiles Pf
Lorilsrd
Lo Yisle & Nash
Allinson
Manati Sugar
Manhattan
Market St
Marland Oine
Martin-Parry
Mathieson Alka
Maxwell Mot A
Maxwell
Ontana Power
Montgy-Ward
Mullins Body
Nat Acme
Nat Biscuit
Nat Enam & St
Nevada
Nat Mex
NY Central
Chi & St L
Nh&h
Norfolk South
Nort
Norfolk & West
Alla
Glig
North Am Pl. A
North Am Rts
Northern Pacific
Nova Sco Steel
Nunnally Co
Ohio Body
Okla Pro & Re
Orpheum Cir
Otis Elevator
Otis Steel Ries Doe
Owens Bottle
Pacific Develop
Pacific Gas
Pacific Mail
Pacific Oil
Pan Am P& T
Pan Am Pet
Parish & Bing
Pennsylvania
Penn Sea Steel
People’s Gas
Peoria & Eastern
Pere M
Philadelhia
Pitts & W
Pond Creek
Producers & Re
Ullman
Remington
Tron & Steel
Reynolds Spring
Reynolds
St Louis
Saxon Motor
Seaboard
Sears-Roebuck
E'S
Seneca
Shattuck-Air
Shell Trans & T
Sinclair Oil
Slosa
Sheffield
South Pacific
BONS
South Railway
Spicer Mf Cor
Southern Ry Pf
Stan Oil
Cal
Stan Oil of
Oil of
NJ Oe
Sterlin
Stewart War
Ros
Studebaker
Stromberg
Studebaker Pf
Sweets Co of A
Superior Oil
Texas Co
Tx Gulf
Tex Pac C & O
Third Ave
L&w B
Ally Sig
Lily
Urion Pacific
Urion O
U S Rubber Pf
U S
U & Steel
Steelpf
U S Tobacco Pf
Utah Copper
Utah Se Corp
Vanadium Corp
Va-Car Chem
Va Iron Cie
Maryland
Estern Pacific
West Pacific
West An Tel
Westlise Air Br . Oe
Westing E] & M
Western el
Wheeling & I Heint Re
Willys Oland Pf
Wilson Co
Ares
Boston Stocks
BONDS
Miss Power
Gale
Warren Bros
Allouez
Ee Tel
Boston Albany
Elev
Boston Elev Pf
Bos Elev 2d Pf
Butte & Superior
Cal & Hecla Tires
Carson Hill
Jen Copper Range
Davis-Dalyiva Og Ta
Last Butte
Eastern Mfc
Eastern
Edison Electric
Elder
Gardner Mtr Inc
General Electric
Greenfield T & D
Hood Rubber
I Creek Coal
Kerr Lake
Libby, Men &L
Oew's
Maine Central
May-O Colony
Mergenthaler
New Haven
New River
North Butte
Nor & Wor
Osceola
Rutland Pf
Shannon
Simms Mag
Sup & Boston
Ilaad Swift & Co
US Steel
Utah
Utah Metals
Entura
Victoria
Waldorf
Walworth
Waltham W
Waltham
West Union
Wolverine
Wyandot
Boston & Ely
Boston & Montana
Hudson Oil
Lion Blossom
Jerome Verdeshy
Iong Mohican
Mutua
Nixon Nevada
Pilgrim
Shea
Verde Central
Liberty
Goodyear Tire
Liberty Ist
Grand Trunk Bos Aheet
EanSee
Ajax
Aude Man
Amer Agr Chem
Penn
Hud & Man
India Steel
Amer Writ
Phil Inter Agric
Inter Metro Ags
Ees & Ces Antes
von Fran Buttons & Ohio
Salei Ouerhbee
Invincible Oil
Bell Tel
Hae
St Paul & Kan
Kan City
Bath Steel
Onion Boyz
He Spring Tire
Seaboard Air Lins
Braden Copper
Lackawanna Steel
Seaboard A
Adj
Bklyn Rap
Seab Air Line
Etfs
Bocce
Lalke Shore
Ais
Sharon
St Hoop
Noth Beg
Mssini Oil
Lehi Valley
Sinclair Oil Col
Gtd & A & Myers
Mar St Ry
Midvals Steel cv
Mil
Alig Weick
SSM
Island Oil of
Nick Nott
Soni
Chic Rys Ag
Kan & Tex
New PR
Texan Poo
Chie
RT & Pl
Chic&w
I . Bony
Cons Coal of
Cuba
Det Edis
Diary
Mateh
Distillers Securities
Ane
Dupont de Nemours
Duquesne Ligt
Erie
Erie Velien
Wees HB
Florida
Coast
Frameriexn Inc
Klee
New Mi
Atbiuc
An & Tex
Union Pac Ie
Union Pac
Ris & Co
Rys
Boattiuns
Inginiun
Matt Det Ps Wabash
Elec
Norfolk
Wilko
Ortha Teiur
Ice Woia
Glos
Wilson & Coev m
Ates
Federal Reserve
Bank of England
Bombay
Interstate Commerce Commission
Rome
Albertini
Senate
International Committee of Bankers
United States
Great Britain
Washington
Federal Reserve System
Reserve
Federal Reserve Bank
United Fr
United Retail Candy
van Raalte
Anglo Amn Oil
Kalil Canada
Intas
North
Swan and
Standard Oil
Ky New
Aeeereeren
Actna
Ark Nat Gas
Boone Oil
Ereeee
Boston Wrane
Carib Syndicate
Ryeeea Eee
Ees
Owl
Ctfs
Pet
Neeen
Federal
Marland Oil
Ohio Ranger
Consolidated
Salt Creek
Sapulpa
Southern Pet & Ref
Southern Oil & T
Texan
Wilcox Oil
Woodley
Alaska
British Col Metal
Amn P&g
Belcher
Big Ledge
Cortez
Cresson
Dolores Fsperanz
Eureka Croesus
Galena Mir
Heela
Howe Sound
Jerome Verde Liv Shy
Kerr Lake Rr
Lone Star
Marsh
Mason Val
AMY Motherlode
Nevada Ophir
Hercules
Rochester
Tonopah Mining Iy Saes
United Verde
Money Market
Bozton
F. R
Cables Priest
Sweden
Denmark
Brazil
Dee
Tis Oy
Chicago Grain Market
U To Ie
Boston Metal Market
Bigelow, Bowditch & Co
Dom
Canoa
Paris-Lyons- Med
Duteh
Ant Indies
Chile
Ccity ‘of
Bezen Ks Ag Stoi Ht
City of
Berne
S. Bs
Uruguay
Bordeaus
State of Queens
State of Queenslaend
Mara
Se of Lyons &. A
Marseilles
Belgium
Rio de K
Rue Janeiro
Aou
San Paulo
Rs KY
Maly
Wee Vo Andlieg
Rio Gr Do Sul
Netherlands
Coman Ve Ee
Dept of Seine
Norway
Bré
Gu Br
Curb Industriats
Eters Rene Hi
Casucare Ne
Ferean Bug Co
Chieon S Beedesecae
Cleveland Auto
Cleveland Auto Pf
Conley
Continental Motors
Daniels Motor
Dort Motor
Durant Motors
Durant
Dub Ceen Ind
Gardner Motor
Glen Alden Coal
Gillette Safety Razor
Goldwyn Pictures
Hudson & Man
Inter Carbon
Moon Incoln
Packard Motor
Packard
Peerless Motors
Penn C&c
Morris
Radio Corpa
Ak Re
Tadio Corpu Pr
Roo Motor Truck
Schulte
Routh Coal & Tron
H&p
Tobarco Proda
Tobaroda
Financial Editor's Notes
BY A. T. Bean
T. Dealimenia
Texas
Frankfurt
Nes
Brouher
Revere
Basia
Pond ‘Greek Goal Company
Eastern Texas Electric Co
Stone & Webster, Inc
United Shoe Machinery Corporation
I. A. Coqladgl