Piggly Wiggly Halts Liquidation After Store Sales
Memphis report states Piggly Wiggly Stores Inc president Clarence Saunders announces completion of a liquidation program for the St. Louis unit and notes total liquidation sales reach 300,900 with $1,490,000 realized from fixed assets and $1,190,000 from merchandise. The firm operates about 34 stores in roughly 50 cities and says it is now in a strong financial position.
MENTIONED IN THIS ARTICLE
Memphis
St. Louis
igely-Wigely Stores
Annewn
Saunders
Money lower offered at A I 4 last loan 4
A terse market note states money rates were lower at A I 4 with last loan terms 4. Cash spans against acceptances stood at 41 2, reflecting liquidity shifts as traders reassessed short term credits.
Foreign exchange stock prices in New York report
In New York on July 2 the foreign exchange market shows Belgian francs slipping 13 points while German marks traded lower and other currencies posted small losses. The brief note records minor movements as traders cited unsettled markets and shifting demand patterns.
MENTIONED IN THIS ARTICLE
York
Jeminit J
SAAT
Amd
Mintro
Workers buy Herrin strip mine report
Report says Illinois mine workers purchased the Herrin strip mine once owned by WJ Lester to cover heavy damages from a deadly riot. The purchase price is unverified, but the event is recorded as a potential settlement in the wake of the 24 lives lost last year.
MENTIONED IN THIS ARTICLE
Herrin
Ierrin
Tlinois
WJ. Lester
Inine
Norwalk Board Votes To Reduce Tax Rate
Norwalk officials vote to lower city tax rates by three to four mills, effective at the new fiscal year. The board plans to add two new police officers and rejects a proposed charity superintendent salary.
MENTIONED IN THIS ARTICLE
Norwalk
3Arwilk
Spbortionment
Wsulion
Eell
Ask
Mills
Fnr
New Haven Stocks End Lower Then Rally Amid Field Activity
New Haven stocks traded with a initial drop below 13 then recovered later as gains appeared in several names. The market featured liquidation from impaired margin accounts and short selling relief, with notable moves in Reading, Atchison, Northern Pacific, New York Central, Southern Pacific, and Southern Railway. New Haven slipped to below 13 on a joint New England railroad report before rebounding.
MENTIONED IN THIS ARTICLE
New Haven
New England
Reading
Atchison
Northern Pacific
New York
Central
Southern Pacifia
Southern Railway
Baldwin
United States
Republic and
Methlchem Steels
American Can
Amorivay
Wonlen
Studebaker
Andler
Producers & Refiners
Arire Preferred
Mary Cthera
Joans
Of Every Dollar for Building 29 Cents Is Profit for Jobber
Special to the Telegram reports that for a 1697 home the per cent of each dollar paid by the buyer that goes to the jobber or dealer supplies materials. It notes that materials are the largest cost item in new construction and breaks down percentages for materials, labor, overhead, and contractor and architect fees. The piece argues builders and wages influence the price of housing and accuses manufacturers of shifting blame to wages amid rising costs.
MENTIONED IN THIS ARTICLE
Washington
Strath
Hersing
Department of
Masberiahi Grost
Cahend
Youngstown Shedl and Tubes Company
United States
Brier Hill Steel Company
Steel and Tube Company of America
Thous
Curb Market Mixed Moves In Early New York Trading
Irregular recovery seen in today’s curb market after earlier heaviness. Standard Oil of Indiana strengthened closing near a point higher on 2.9 million shares. Cities Service and Atlantic Liebenthal plus others gained while Prairie Oil and Gas fell. Gillette Safety Razor rose a 3 point feature in the industrial group. Roamer Motors activity rooted in Magnet total $45,944, about $3 a share. Glen Aiden Coal eased as mining shares showed narrow, uneven swings.
MENTIONED IN THIS ARTICLE
New York
Jay
Standard Oi
Indiana
Atlantic Liebentinental
Prairie Oi
Also Mentioned on This Page
Krupp
Piggly Wiggly CO
Bridgeport Savings Bank
Main & State Streets
Lietit
Ant Terdivny
Ene Dias
Vienna
Ajax
Penenews & Onis Bay
M& Sr P
Joni Fron
Phila
S. Tnt
Leigh
Marland
Fana Air Bk
Ana Ay
Hon Minton
Hincks Bros. & CO
Main Street
Bridgeport
Conn
Beneficial Loan Society Room
Liberty Building
Dave Lateal
Judy
Storks
Marghal
Basen
Eur
Eveniny
Pan-American Petroleum Mopany
Ralph F. Couch
The
Youngstown Sheet and Tube Company
Bankers Trust Company
Hankers Trust Company
J. A. Campbell
Summariz
Foth
Sterl and Tubs Company of America
Asi Bridgeport Trust Company
Bari
Bond Department
Thic
US Treas
Hingis Coal Corporation
Hemphill, Noyes & Co
New York Stock Exchange
John Street
Barnum
Philadelphia
Boston
Pittsburgh
Albany
Baltimore
Syracuse
Organteal
Fairfield Ave
Stratford Avenue
Stratford
M. C
H. A. Pratt
H. L. Blackman & Son Real Estate Auctioneers
Fairfield Avenue
Bridgeport, Conn
Grove Street
Pleasant Street
Euclid Avenue
North Main Street
H. L. Blackman & Son
Barnam
Susall
Equitable Industrial Loaz Society, Inc
Fairfield Av
Cail
Noble
New England Equity Corp
State Street
BRIDGEPORT _ eens
Warner Blda
Guaranty & Trust Company
Bae
Port First
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