Stock Market Slumps as Bonds Lead Decline in Prices
New York stocks eased under bearish pressure as money rates stiffened and profit taking rose. Bond prices fell amid heavy selling with several issues down one to three points, while utilities and industrials faced mixed to soft trading and some issuer cautions about debt and payments.
MENTIONED IN THIS ARTICLE
New York
Mondea
Iad
Denver
Florande
St. Paul
Pal
Peoria
Federal
Magma
Cuba
Virginia-Carolina
Grain market reports show mixed wheat and corn futures
Wheat prices fluctuated with May deliveries under pressure as large spreads formed between May and July positions. July wheat advanced slightly while corn rose modestly. Broad corn buying contrasted with light country oats receipts and heavy hog lard movements, signaling a cautious market amid slow export demand.
MENTIONED IN THIS ARTICLE
Cago
Hich
Feavira
Washington
Chicago
Miwaukee
St. Paul
Analysis of Your Securities Pamphlet Service Availability
A pamphlet describes this service with simple forms and concise recommendations. A request triggers mailing of the explanatory material.
Liberty Bond Quotes From New York Markets
U S Government bonds close with Liberty issues showing varied prices across 3 1 25 and 4 1 43 figures. Liberty first and second and third and fourth 4s trade around 101 and 100 94, with Treasury 48 at 100 18 and pathways including 194 06 for Series pasir 4 lecs.
MENTIONED IN THIS ARTICLE
Liberty
Jiberty
Pia
S. Treasury
Pasir
Curb Market Slumps Amid Heavy Selling In New York
Prices sagged in today s curb market as heavy selling weighed on both accounts. Reports of gasoline price advances failed to lift most issues with few exceptions. Standard Oil of New York edged up fractionally. Prairie Oil and Gas and Magnolia Petroleum fell several points. Many radio and utility stocks declined. Electric Road and share holding companies slipped before a late rally.
MENTIONED IN THIS ARTICLE
New York
Torn
Standard GA of
Prairie Oil and Gas
Magnolia Petroleum
Imperial of Canute
Ruapdard Ol
Kansas
Miesper Radin
Ineeroanei
Harthie
Dubner
Ware
Comipany Sinck
Recep
Americrn Gag
Electric Common
Adirondack Power
Middle West
Prapasrad
Chesagpested Ten Whig Mingrty Stock Bellers
Senators Urge Prevention of Disaster for Railroads
Before the Senate interstate commerce committee Alfred P. Tho of Americas Haibway eulive's alsevation rhe Lems urged government aid to railroads led by New woven and Sinrt ford. Mellon noted $194,090,000 owed by three roads and $161,000,000 by others. McLean bill proposes one fourth of one percent above average interest to help renewals. Since 1917, the line has paid interest on debt. Mellon called for equitable reduction as borrowing costs fall. Tomorrow presidents of New York New Haven Hartford, Boston and Maine to present their cases.
MENTIONED IN THIS ARTICLE
Washington
Great Manch
Interstate Commerce
Cie Treasury
Mcteng Dill
Mim
Chicago
Okeamash
Pia
Hiss
McLean
Ayrain
Mellon
New York
New Jtiven
Tartford
Boston
Maine
Federal conference on costs and distribution methods
Delegates meeting at the Chamber of Commerce with Secretary Hoover discussed current costs and distribution methods in industry. Six sectional groups will study business statistics trade relations and wage and profit effects with a final session planned to consider continued action.
MENTIONED IN THIS ARTICLE
Chaber
Coumerre
United States
Hoover
Phae
Prices from New York Poulter Market Report
A fragmented catalog of poultry and dairy prices with various market figures. Includes broiled chickens, fowls, geese, butter and creamery products, whole milk, eggs, and pork prices. Mentions regional markets and inconsistent OCR details about specific lots, vendors, and price ranges.
MENTIONED IN THIS ARTICLE
New York
Jan Qi Poulter
Iver Bradas
Alge
Pacific Coast
Nealby
Jersey
Mar Marcow
Perier
Turkey
Durkheys
Berl
Market St
Cotton price notes from Yotes market Jan 14
Reported cotton prices from Yotes show middling spot at 24 and futures closing around 18 net. Telegrams indicate market activity with slight shifts in fiber values and quotes.
List Develops Resistance During Afternoon Trading
The market showed no heavy selling with most issues steady or rising in the afternoon. Strong gains in Baldwin and American Locomotive contrasted with weaknesses in copper, steel, and rails while money rates climbed slightly and railroad debt news offered cautious optimism.
MENTIONED IN THIS ARTICLE
List
Nickel Plate Plan Opposed by Some Stockholders
In New York on January 14 a protective committee notified Chesapeake and Ohio stockholders to withdraw securities from the Nickel Plate merger committee. The move signals organized opposition to Van Sweringen plans for a larger Nickel Plate system, arguing the consolidation may not guarantee a fair return on investments. The outlined scope includes the Chesapeake and Ohio, Nickel Plate, Marquette, and Hocking Valley railroads.
MENTIONED IN THIS ARTICLE
New York
Chesapeake and Ohio
van Sveringen
Roai
van Sweringeng
Chesapeake and Ohle
Bere Marquette
Hocking Valey
Mellon Endorses $25 Million Annual Building Program
Secretary Mellon in a letter to Rep. Ellott Indiana endorsed a $25,080,000 annual building and grounds program for public buildings. He said the measure is not inconsistent with the president’s financial program and that he is authorized to say so.
MENTIONED IN THIS ARTICLE
Washiington
Mellon
Ellott
Indiana
House Public Buildings and Grounds
Bis
Devon Plant Not Used by Railroad to Power Line
The New Haven railroad may seek extra power for electrification to Connecticut but has not yet tapped the Devon plant of the Connecticut Light and Power Co. Devon runs at 69,000 kW with 67,900 kW capacity and sends no power to the railroad. The railroad has arrangements with United Electric Light and Power for future supplies as six Western Connecticut stations feed a floating system totaling 194,000 kW capacity.
MENTIONED IN THIS ARTICLE
New York
Tan
Pulman
P&p
Idiuu
Ajax
Henlogie Gon
Alaska
Bata
Cha Erik A
Petrot
Sears
T&r
North
Ga Bay Ut
Yoaon Southn
Bae Wa
AFP
Sib O
Am IT
Leath
Qrot Maruan Corp
Asuw Rhay
Lee
Truke
Ana la Pray Co
Man
Ann
P Glasa
Rot Strang Carl
Ivy Yoo
Arnold
T & Re
Fils Band Union
Inion Pac
TAY Moy
Jones Bros
Jordan Metro
Ifg
United
Kane Cp & & Pt
Ann United Drug
Atchison
Kans & Gut
P& Ibg
G & WE
Austin Nie Ag
Kreste
Aon
Smrit & R
Ta Oil & Fing
Uc Sm & R Pt
Ate Anu
Hall Love
Laclede G
S Steel Cc
Sik Ty Itskis
Abi
Bkn
Macy
Weber
Bkiyn
West Penn Co
Brown Shoe
Mallinson
West PG
Brown Sh
Bruns Ter
Wrst
Maracalya
Bosq
el & Mite
Whi & Ie
Arle
Aia
Casa Threee
Hilson Pt A3
Sentral
Seal
Tate
UBS
Heath
Wright Acro
Wrigley
Ab Gear Ab
Tin
SM Osthee Sa
Youngs Sh & T
Ghes & Ch
Mullins
Munsinewear
Chi Mu & St P
Nashers
Ea & A
M&o
Locke
Consol Ci
Peary
Wort & Wes
Cory
Cosden
Otis
Lone Otis
Rae
Tuba Cane
Owens
Blu Tay
Iva
Jae
Batra Morse
New Haven
Connecticut
New Devon
Connecticut Light and Bow Company
Irvin Day
Devon
New Maven
United Electric Light and Power Company
Day
Housatonic River
Connecticut Light and Power Company
New England
Treasury Balance Report January 12 280 855 058
United States Treasury balance as of January 12 stands at 280,855,058 dollars. Accounting reflects the nation's fiscal position with this total. No additional context provided in the fragment.
MENTIONED IN THIS ARTICLE
States Treasury
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Hemphill, Noyes & Co
John Street
Bridgeport
Barnum
Bowes Pit
Gost
Mutual Finance Gehen Ae
U. S
The
Connecticut Quarries Company, Inc
New Haven, Conn
Vetters
Massachusetts
Mechanics Bank
Theodore R. Blakeslee
Anandales
Asant Audfeet
Messrs Alling, Webb & Morebnase
Viermeys
Chas. W. Scranton & Co
Putnam & Co. Hincks Bros. & Co
Richard Spillane
Baldwin
Railroad CO
G. L. and
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