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Labor conditions shadow stock market in New York
Labor conditions overshadowed the stock market as steel and iron workers tensions grew. The Gompers telegram to President Wilson urged intercession for a conference and a meeting of union presidents next Tuesday to decide action. Major declines hit Crucible Steel Baldwin Locomotive General Motors Studebaker Utah Copper and others while U S Steel reversed drop then steadied. Some gains appeared in Mexican and California petroleum and Transcontinental shipping. Bonds were irregular with total rates around 9.65 million dollars.
MENTIONED IN THIS ARTICLE
New York
Steel
Gompers
Wilson
thePresident
Crucible Steel
Baldwin Locomotive
General Motors
Studebaker
Tucz
American Woolen
Central Seether
Atlantic Gulf
Barrett Company
Utah Copper
U. S. Steel
California
Ola WU