Merchants Liquidating Stock Amid Easy Covering in Market
Professional traders covered shorts today as stock liquidations surged, pushing many issues to new lows including tobacco and sugar shares. Banks pressed for loan reductions, liquidity shrank, and retail and investment stocks tumbled. total sales reached 675000 shares as the market closed with a slight rally.
MENTIONED IN THIS ARTICLE
BROADAN_WALE
New York
Aus
Russia
Polard
Dhe Spits
France
Far Jong
Sugere
Fettere
United Cigar
Eoki
United
Read Co Increases Capital Stock To Two Million Six
The D M Read Co records an increase to capital stock with 3,760 preferred and 3,000 common shares authorized at 100 par. Total capitalization rises to 2,060,000. Preferred stock carries a stated dividend and may be redeemable or callable under terms.
MENTIONED IN THIS ARTICLE
D. M. Read Co
Committee to Take Over Maxwell Motor Firm
Money for Manweld New York Aug 10. Several million dollars soon will be advanced to Maxwell Motor by New York banks. A committee has been appointed to take over management of the concern. The exact amount of the advance will be determined this week.
MENTIONED IN THIS ARTICLE
New York
Maxwell Motor Company
Farmers Move on Land Speculation and Wheat Harvest
New York Aug 10 farmers in the northwest strain to harvest early wheat as black dust fears loom. Rail congestion and lack of elevator capacity threaten movement. estimates suggest grain storage limits may be reached soon and some farmers relocate to Canada for cheaper land while market shifts spur farm consolidation.
MENTIONED IN THIS ARTICLE
Holland
New York
Northwest
Ayayor
Fleida
Tedaz
Harding
Iowa
Henry Co
Wallace
Sen
Car Harding
Real Estate Booms Back In Bridgeport Market
Bridgeport real estate dealers report renewed activity as incomes rise and renting costs push purchases. Few large sales yet, but several deals in progress and expectations of busier two weeks. Reasons include higher wages, rent unaffordability, and speculators buying cheaper properties to sell at higher prices. Market overall slow, with Plaza area demand and price setting by informed brokers.
MENTIONED IN THIS ARTICLE
Bridgeport
Galasty
Tiberal
Quarty
Reneral
Exea
Conti
New
Soey Fon
Media
Fancy
Anit
Hiny & Grain
Timothy Ne
Jed
National Bank Deposits Show Large Increase Report
A treasury department summary reports a surge in national bank deposits. Pennsylvania leads demand deposits with 1,344,000. Texas 82,000. New York 934,000. Connecticut 122,000. Total demand and savings accounts reach about 20,315,000 nationwide.
MENTIONED IN THIS ARTICLE
Treasucy
Department On National Banks
Wyonume
District of Columbia
Connecticut
Twen
Texas
New York
Connecticut River plans large dam and ship channel
Ji Permelon proposes a dam below Ane rit road bridge at Windgor Locks to span ships up to 60 feet beam and fourteen feet draft. Connecticut River Company filed a formal application with the Federal Power Commission. The license would open the Connecticut River to navigation from Bartford toward Fortford, a step ordered by President Wilson in June.
MENTIONED IN THIS ARTICLE
Bartford
Aus
Permelon
Windgor Locks
Connecticut River Company
Federal Water Power Commission
Ruler Power
Wilson
Fortford
Grain Market Reacts to Bullish Crop Report
Chicago grain prices edge higher after government crop report boosts sentiment. Wheat gains steady with December at 4 dollars and March around 4.25, corn up about 1 3 4, oats up about 5 5 to 4 4 40, while provisions fall on mixed demand and big elevator buying.
MENTIONED IN THIS ARTICLE
Chicago
Aso
Coffee Futures Edge Higher on Brazil Tone
The market opened 0 down but gained as steadier Brazil news and improved Tyronean conditions supported gains. Active months moved higher after selling at 4 1/2 and September rose to about 5.30, finishing roughly five points above last night’s close.
MENTIONED IN THIS ARTICLE
Brazil
Dry Goods News from New York Quiet Cotton Goods Market
In New York on Aug 16 cotton goods showed quiet trading with prices easing slightly as seasonally slow demand persisted. Silk goods and fabrics remained largely inactive while everyday fabrics held stable, with average prices and a subdued year trend noted throughout the week.
MENTIONED IN THIS ARTICLE
York
Cotton market rises on European optimism in New Fore
In Aug 1 trading at New Fore the cotton market gained strength on brighter European news with months firm and October up to 8 points near 80 cents, September advancing about 110 points to 3.70. Prices neared the day’s peak, while a late flattening kept gains modest. Receipts totaled 6,312 bales. stocks 920,014. exports 14,108, making 47,929 for the season so far. Local notices include a debt refusal and a Weston town claim deadline set for Aug 15, 1930.
Bids Sought for Transportation to Greenfield School Routes
Bids are requested for transporting bhideen to Greenfield School via five routes in Futield. Route details name paths through Brothwell, Buckley's, Blickemith, and Greenfield Road. Frank Monroe's area. Burr District from Deerfield. Wilson's Mills area. and Frank Monran's route to Best Farms. Bids due by Saturday August 21, 1920 to Allen Er Beeman Farrfield Conn.
MENTIONED IN THIS ARTICLE
Bhideen
Futield
Greenfield School
Brothwell's
Brides
Greenfree School
Burr
Deerfield
Pond's Corner
Burr Street
Wilson's Mills
di Jennings
Goyden
Wikken
Frank Monran
Flull
Greenfield Road
Allen ER
Beeman
Farrfield
Conn
Liberté Bonds Clearing-House Statement Report
New York August 11 Clearing house exchanges 832 191 146 balances 67 027 70 sub treasury creditor 445 871 federal reserve credit balance 55 502 033.
MENTIONED IN THIS ARTICLE
New York
House É
Sub-Treasury
Federal Reserve
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Clase
Duke+ Whelan group
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Masswell Motors
Manweld
Ajax Cord
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Ajax Road King
Ajax Q
Ajax Rubber Company, Inc
Elm Street
New Haven
Joby Bernardi
Unitei Cycle
Stair Street
Jacob Barsicio
Tite Sud Supply
Pairfield Avenue
Wobn Fart
East End
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Inter
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Amzen
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