Market Slump Lets Stocks Falter Amid Bearish Pressure
Lifeless trading colors the session with declines in several industrials and rails. Notable losses hit Sethienem, Crucible, Republic, Gulf States, Vanadium, U S Steels and others as prices slip 1 to 5 points. total volume 376,090 shares. Money market stays firm with funds withdrawn from local banks and call loans small.
MENTIONED IN THIS ARTICLE
New Folk
Stock Exchange
Sethienem
Crucible
Republic
Gulf States
Vanadium
U. S. Steels
Harvester
General Erecrt
Studebaker
Mercantile Marine Preferred
United Fruit
American Woolen
Sumatra Tobacco
Internatonal Paper
Union Bag and Paper
Steg
Lesding
U.S. and German Financiers Meet Shelton Bank Wind Up
U S and German financiers meet to wind up Shelton Bank and Trust as receiver Marcus H Holcomb seeks court approval to sell land, buildings, and remaining assets for 1.2 million led by Frank Jerome. The deal promises 100 percent depositor coverage and potential $2.6 million distribution to stockholders, with all liabilities addressed by September.
MENTIONED IN THIS ARTICLE
Shelton Bank and Trust Sampan
Marcus H Holcomb
Joan E. Kerar
Superior Court
Frankl Jerome
Orange
Keeler
Holsomb
Grain market faces mixed trends amid weather and rust concerns
Wheat futures showed mixed declines and advances with December contracts near 1.33 to 1.35. Corn slipped and then gained. provisions rose. bearish tone from cooler weather and rain reports. Northwest rust fears cited. Britain’s demand discussed. Market meeting postponed to discuss electric line expansion and broader railroad disruptions influenced sentiment.
MENTIONED IN THIS ARTICLE
Entcace
I pTice
Crom
Great Britain
Montreal
Oate
Real Estate Transfer Listings From City Records
Numerous quit claim and mortgage deeds exchange hands among residents and local firms. Transactions involve Lucetta Laubscher Henry Biebel and Freek Bletel. Walter Spencer. Edward Furcell Elen Purcell. Angelia Datlilo Corea Jessie Kimber Helen Peck and Ina Wheeler. Abraham Bernstein. Lemuel Ware. Mars Barker Julia Kovasin. Cassidy Realty Company. The Bridgeport Trust Company. Ida M. Apenver Mechanics and Farmers Savings Bank. William George Mann Emma R.R.. various Poplar Street segments and Harbor Avenue. Public notices include Certificates of Attachment and references to Southern New England Telephones Company and related entities.
MENTIONED IN THIS ARTICLE
Lucetta Laubscher
Henry Biebel
Freek Bletel
Burnell Street
I Mechanics and Farmers Savings
Bank
Walter Spencer
Poplar Street
William George Mann
Walter
Encer
Spencer
Tda M. Bpean
Edward T. Furcell
Elen K. Purcell
Seaview Avenue Mechanics and Farmrs Savings
Angelia Datli
T. Clarke Street
Bridgeport Trust Company
Katherine Donovan
Manerny Avenue
Pat Jd. Murphy
Bargie Construction Company
Bishop Avenue
Ida MM. Apenver
Mechanics and Warmers Savings Bank
ST Fret
Ida M. Spanter
Wiliam George Mann and
Emma RR
Mar
Pruce
Josephine i Orelid
New Pneland Tele Paoens Company
Bisie
de Sehnenbere
Joseph
Iker
Lone Fesennson
George Verohsy
Gahn
Anna Witesinsky
Amne
Market declines dull New York trading amid small gains
Cables report a 473 reis drop in the price of rice while September rates show 75 reis. The day opened with a 3 8 point advance but quickly lacked notable features as traders awaited changes in government minimum buying price.
MENTIONED IN THIS ARTICLE
York
Juiy Js
Grandi
Yradine
Amy
Oppressive Heat Restraints Business Amid Drought and Inflation
Weather and heat dampen markets and shipping while drought damages harvests abroad. Analysts note potential contraction in bystate trades as inflation eases postwar, with tentative price adjustments and cautious forecasts for textile sectors. Weekly bank clearings reach 5,680,297.
MENTIONED IN THIS ARTICLE
Asai
vWieges Slij
Isioni
Sugar Prices Move as Market Opens Stronger
Sugar trade reports show brokers noting firmer price activity in early trading. The market opened with higher bids and limited selling, while buyers pressed for Cuban and Verliners offerings. Producers indicated continued volatility with prices edging up from the prior close.
Market Notes on Butter and Milk Prices and Varied Grading
A fragmented market brief reports fluctuating butter prices with reference to creamery scores and firsts. Mentions lower grades and fancy milk terms, with scattered numbers and regional suppliers.
MENTIONED IN THIS ARTICLE
Wisconsin
Cotton market steadies amid hedge selling and weather gloom
Today's notes show cotton prices stabilizing as hedge selling persists for the October and new crop contracts. Private cables report Meyorian and American spinners reducing schedules, with some firms extending hours. Southwestern demand weakens futures, while new crop movement begins in the extreme southwest and Liverpool spot sales total 10,000 as export prospects loom amid insect pressure and dry weather concerns.
MENTIONED IN THIS ARTICLE
Cotton Lancashire
South
Gond Dean
Almonelw i
Chiehy
Coffee Sugar Futures Publication Moves to New Sugar Exchange
New York July 16 publication of coffee and sugar futures sales will be handled by the New Sugar Exchange. Superintendent Stroud ordered the information withheld from newspapers, citing disruption to data flow, though other authorities did not object to publishing the figures. Today sales included 3,000 bags of coffee and 1,500 tons of raw sugar futures.
MENTIONED IN THIS ARTICLE
RIALS
Ify
Tobcom
Ams & F
Dlom'wealth
Shumer Express
Werstene T & R Lbs
Cent
Amer
Duran
Lehigh Vaile Beng
Farpire Fo
Hé& I. Tal Pt Ra Afao
Mitivala Stad Ihe
Tne
Orp
Minn & Vide Wa
Glen Alden Coal
Acer Nip & Cc
Tiaino Mo K & Tex
Grant Motor Yan Amer Smelt
Hayden Chem
Amer Steel Fa Ably Aon
N & T Pt
Rimy
Amer Tel & Tel
Amer Tobecca
Ina Orfelk & Wreet
Samer Wooten
Philiip
Morris
Hult
Okla Pet
Enn Radio
Ita
Pacific
Pac Gas & Elec Ad
Beth & Chic
Pan-Am P & TR
Penneyvania
Penn Sea Steal
Top Booth Fishéries
Penn Sea Steel Ak
Union Carbin
Sng
Pierce Arrow
Fierce Arrow
Ent Lartic Lobos Ys
Chand Motor Bt
Pierce Oil Ison Nelo-A& of Laity
Pierce Oil
Lily
Chosen & Ohio
Slie
Pitts & W
Chi M & SP
RSM
M & SP
Eadhia& Pacante
Reading
Wee Arkansas
Nat Gas Oenay
Ile
Citter Bank
Saxon Astor
Colum Emerald
Sinclair O
Creole Syndicate
Rik Ra
Ben & Ria G
Stan Own
Endicott Jonn Bo Ag
Tex Pac C & O
Hudson
Texas Co
Union Paetic
Aon
Union Pacif
Livingston
N Motors
Sinite Retail
Mayxico
Banon Gulf
Meridian Petie
Aston
Real
Bo Motor Co
Ohio
Central
Omar Oo & G
Inte Con Corp
Ale Ne
Salt Creek
Inter
Maryland
Western Witan
S Oil & L Ar Ra Ag
Inter Mer M. Ty
West St O & I
Wilson & Co
Willys Overland
Wilcox O & Peas
O&r
Ariz Silver
Roston & Mont
Eureka Cras
Golifield Flora
Harmer
Howe Sound
Knox Divide
MacNamara
Nevada
Yukon G Alaska
Ana Allied Packers
Rg Jing
Tobageo
Armone
Taney
Tony Hein
Agai
Langa Sen
Fh & Co
New York
New Sugar Exchange
Teversts
Clrl Stroud
Ihis
Stroud
Ion
Prices of Tool Steels Cut About Fifteen Percent
Colonial Steel company of Pittsburgh cut tool steel prices by about 15 percent, with reductions applying to standard carbon, vanadium, and all hardening steels. The change, effective July, marks the first major price decrease in the sector.
MENTIONED IN THIS ARTICLE
Tituteborg
Colonial Steel Company of
Pittsburgh
Bethlehem Shipyard to lay off 2500 workers
The Bethlehem Ships line corporation announced major cuts, with 2300 workers at the Fare River plank to be laid off indefinitely and 1500 others to be moved to part time status. The curtailment stems from reduced government contract allotments.
MENTIONED IN THIS ARTICLE
Bethlehem Ships
Eine Corporation Today
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U.S
Shelton Bank
Bernard Baruch
Grange Man
Berlin
C. Mission
Foreign Office
Beave
A. von Wiegand
Bernard
Germany
Baruch
Germar Vier
Commer
Joseph H
Robert P. Lamont
Itazo
Joseph Fe
John Tor
Eawerd FL. Lone
Soston
America
Bates von Reiswitz
Can
Metal Market
SPIV
Tul
Phys
Treviing Ordre
Epar
Jule Salea
Blas
High Sa
Tito
Watfes
Close
Vesterdas
bin Ask Liu
Spene
Azar
Biahiess
Cotten Peleas
Weise
Anu
Prades
A. M. Wooster
Examner
Patent Office
Main St
Bridgeport
Conn
Salts Textile Manufacturing Co
Frederick G. Lalley Investment Bonis
First National Bank
Bridgeport, Conn
Rere Masa
Ana Contdentialis
Equitable Industrial Loan Society Incorporated
Fairfield Ave
Main 6
State of Conn
William R. Bull
Wati
State Street
Gamesong
The
City National Bank
Corner Bank
Guaranty & Trust CO
Main St Bridgenort Conn
National Bank