Panic Sinks as NYSE Suspension Triggers Heavy Bond Selloff
Panic spreads in New York markets as a suspension of a major member causes widespread stock and bond selling. Prices slide across sectors with 2 point losses common. government bonds dip less, while newer and foreign issues such as Prague 7 1/2s and Mexican Serbians see steep declines. Utilities and rail stocks also fall sharply, led by Pacific Telephone refunds and Interborough Rapid Transit related issues.
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York
Sonil
Krs
Lst
United States
Prague
Denmark
Southern
Slaven Con- Pennsylvania
Kanfern
Delaware & Hudson
Interborough
Seta
Third Avenue
Oime
Cerre de Pasco
Webish Cigarettes and Safety Slogan Drive in Sweden
June 19 report on a Swedish Fire Prevention Society campaign opposing fires caused by cigarettes. emphasis on placing warnings on packaging by the Swedish tobacco monopoly to reduce careless smoking. mentions a past fire started by a cigarette and the effort to print a safety slogan on all packages.
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Stockholm
Sweden
Ken
Fire Prevention Society
Siwedish
Wbacco
Sugar price cut not objective of tariff probe
Washington January 29 The White House released a statement clarifying that sugar price reductions are not being used to justify a tariff decision. The Tariff Commission conducts its inquiry into production costs and certifies a factual finding before any rate changes can be proclaimed to the President. The note follows recent hints by officials during President Harding's Western trip and addresses authority under the flexible tariff provision.
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Washington
Tirding
White House
United States Tariff
Grain market nerves as New York stocks drag grain prices
In Chicago June 2 heavy selling pushed September and December wheat to new lows while July wheat stayed above the season's bottom. Corn and oats followed with declines and provisions finished near earlier figures as traders cited export hopes alongside bearish Wall Street sentiment.
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Chicago
New York Stock Exchange
Royson
Saribal
Lelay
Board of Trade
Wall Street
Sruin
Hamburg flour imports dwindling with Mark Hamburg
Hamburg June 29 United States flour imports have come to a complete stop due to a recent disastrous slump. Mark Hamburg reports a sharp decline affecting local grain and milling sectors and prompting concerns over supply chains.
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Hamburg
Associated Press
United States
Market Crash Smashes Stocks To New Lows In Selloff
Turbulent trading sent about eighty stocks to fresh low levels as fear spread among investors. Banks and industrials led declines while major names like United States Steel and Studebaker slipped, with quotes delayed after noon as selling intensified.
Housing relief stalls in nine states as building slows
In a June report, Department of Labor validation shows nine states Vermont Rhode Island New Jersey Ohio Indiana Kentucky Wyoming experiencing slowed housing construction. Labor shortages and rising wages threaten further delays with carpenters earning about 14 a day while material costs and production issues spark fears of a broader building collapse.
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Ralph F. Couch
Washington
Department of Labor
Veemont
Rhode Island
New Jerse
Ohio
Indiana
Kentucky
Wyoming
Gunn
Real Estate Deeds and Mortgage Transfers Summary
Real estate records show warranty deeds from Mary Havrlerk and Maury Debarbieri to Miss Hurley and Marguerite M. Hurley with street mentions William and Mead. Quit claim deeds involve Cylon Vameron to Dennis Haworth with Stratford Avenue. Savings bank transfers list Isaac W. Lewis on Mead Street and other mortgage related movements among several parties including Antonina Sesiewske and Lewis W. Davis with amounts and street designations.
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Mary Havrlerk
John Hucéak
Yonky
Orange Street
Maury Debarbieri
Marguerite M. Hurley
William Street
Cylon Vameron
Dennis Haworth
Stratford Avenue
Mechanics and Farrours Savings Bank
Isaac W. Lewis
Mead Street
Nson
Elbert
Olaf ChristianiMan
Sonese
Charles Brahan
Rehine
Aaron Avii Schine
Samuel Golen
Isavc
Senine
Witelgon
Tsane
Isaac E
Curb Market Slips After Mixed Early Rally
New York curb stocks showed limited upside with light trading and a drift near recent lows in the forenoon. Gains by Standard Oil and Indian, Valuum led a modest rebound before noon, while most issues faded. Profit taking followed a weak industrial firm as trading dwindled and bonds offered little new action.
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New York
Industrals
Wish is Low Rage Claying At Opayn Odeat Doana
Fragmentary OCR text yields a murky item. no clear persons places dates or organizations emerge to frame a cohesive news item. The readable fragment hints at a local notice or brief without concrete details.
Muni Motor raises dividends and declares ex-dividend
Directors of the Muni Motor company increase the regular quarterly dividend to 75 cents on 18,000 shares of common stock outstanding and declare an ex-dividend of 25 cents.
MENTIONED IN THIS ARTICLE
New York
Muni Motor Company
Cotton spinning in May nears high record mark
Washington June 20 In May spinning activity was the second highest month this year with May totals near a record. May output reached 8 209 093 873 or 249 hours per spindle. Spindles in place numbered 31 totalled 7 334 021 with 35 490 187 active during May. Capacity averaged 40 192 970 spindles operated at 107.7 percent on a single shift. May spindle hours totalled 1 120 875 895 with an average of 313 hours per spindle in place.
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Wasshngyvon
Aghive
Spain
PLC
Metal market New York copper prices steady
Copper and related metals show little movement in New York trading with spot and nearby quotes remaining firm around 40.37 for copper and 40,824 for sutures. Prices for tin and other items hold steady, with minor variations in nearby markets and regional quotes.
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New York
St. Louis
Lang Feather Co. President Files Bethel Bankruptcy
In New Haven on June 6 David Tae president of the D J Lang feather company Bethel files bankruptcy. Debts total 18053 assets 16 unliquidated claim 15006 arises from attempted insurance money assignment by Dr Lane official to Robertson Sons Co New York. Packard Motor Car Co declares 2 percent extra dividend and 2 percent regular quarterly dividend on common stock in New York on June 30.
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New Haven
David Tae
D. J. Lang Feather Company
Bethel
Dr. Lane Corporation
L. ¥. Robertson & Sons ,Company
Ene
New York City
New York
Motor Car Company
Raular
North Main Street
Main Street
Amos Street
Bridgeport
Pay Raise For Clerks And Freightmen On B and A
Announcement confirms a wage increase for about 2 200 B and A railway clerks and freight handlers. The raise, effective soon, ranges from one to three cents an hour, affecting employees across the line and tied to the Brotherhood of Railway Steamship Clerks and Freight Handlers.
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Chicago
Elgin
Eugene
Bostu & Albany
Clifford
Anti Alcohol League Reports Progress in Argentina
Buenos Aires June 19. The Rosario branch of the Argentine Anti Alcoholic League announced progress against drunkenness. Dr. Ben Velasco, the president, told a crowded meeting that alcohol abuse had spread worldwide since World War I but Argentina had been safeguarded by the league. He urged continued propaganda and cited reductions in drunkenness as evidence of success.
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Buenos Aires
Rosario
Argentine Anti-Alcoholic League
Notwieness
Benito Velaxco
Europe
Argentina
Republic
Propugsiule
Cotton Market Notes From New York Spot Prices
A fragmented report from New York on cotton prices with various figures. The text lists June futures around 28.08 and October near 94.35, with several odd entries such as 23. danny 23.0 23. Muvele pat 9 25.30. The readability is limited but indicates fluctuating commodity quotes and dated references.
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New York
Ehiah
Drecimber
Danny
Muvele Pat
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