Stock Market Drifts Lower Amid Fragile Support
In New York the stock market moved down with no real backing as many issues declined. Speculative activity remained cautious with prominent industrials, rail and energy shares showing modest losses while some concerns planned mergers and holding companies. Foreign markets were uneven and overall trading was light amid uncertainty.
MENTIONED IN THIS ARTICLE
London
4Hy Transportation Usb
Perkins Leaves Estate To Widow And Children
Estate details show the bulk of the estate to widow and two children with value stated as in excess of 1,000,000. A secretary of 27 years received 950,000 plus a 5,000 annual life annuity. Other long-term employees were bequeathed 109 per year of service. Fraudulent or misread sections appear in the document and related notes discuss railroad securities outlook and Canadian ship provisioning rules.
MENTIONED IN THIS ARTICLE
Panier
Ihm
Fire Damages on Fourth Floor Prompt Large Loss
A fire on the fourth floor of a Baltimore building on Howard Street caused extensive damage valued at $300,000. The blaze, reported June 22, originated during drying operations at Galdheim and Sons, with Blum & Co. involving in securing the scene. No injuries are listed, and investigators are examining the upper floors for the cause as smoke and flames spread through the structure.
MENTIONED IN THIS ARTICLE
Howard Street
T Brothers Galdheim and Sons
Baltimore
Blums Company
Ard
America Faces Large Trade Balance Challenge
This article reviews the U.S. trade balance through wartime years, noting a large deficit and shifts in exports and imports. It cites historical figures on annual totals, wartime economic strain, and the evolving balance with Europe, the Americas, and Allied countries. It highlights the immense export growth contrasted with rising imports and a widening overall deficit.
MENTIONED IN THIS ARTICLE
Apts
Evar
Enited
United States
Amerins
America
Europe
Lloyds Halt American Insurance Operations
A London report states Lloyds has stopped American insurance business moving the center of ship insurance to New York. The decision was made yesterday and indicates American coverage is insufficient to cover all risks for shippers.
MENTIONED IN THIS ARTICLE
London
Lloyds el
Washington
Wesley Jones
Marine Abt
Svorm London
New York
Russian Talks May Soon Be Abandoned
Reports suggest Lloyd George and bankers with interests in Russia plan to scrap negotiations as Soviet government promises compensation remain uncertain. A peace conference discussion on the matter was postponed amid mixed estimates and shifting positions.
MENTIONED IN THIS ARTICLE
Lloyd-George Sussan Malsnevis
Leove Ae
Russia
Kraspiny Ih
Cotton market advances with steep price drop in New York
Cotton price movement in New York today grew more aggressive. Prices broke into new ground for the movement with a close barely steady, declining to around 44. The day featured 6126 tons traded, Port States receipts 4,258, stocks 990,142.
MENTIONED IN THIS ARTICLE
New. York
At & Nek
Grain Prices Fall On Receipts and Market Pressure
Prices for corn and other grains declined amid continued receipts and uncertain demand. July and September bids slipped, with July at 4.79 to 1.79 and September around 4.62 1 4. Cattle futures and related notes show muted activity as market participants reassess supply. In other items, war contract settlements require formal clearance from the secretary of war, and a Connecticut conference aims to address transportation issues with New Haven. The Mint reports a purchase of 1,700,000 ounces of silver under the Bittman act, bringing total acquisitions this month to 9,200,007 ounces with 207,902 ounces remaining to be sold.
MENTIONED IN THIS ARTICLE
SLY waShixGro. S
Philadelphia
San Francisco
Mint
Treasury Offeials
New Capital for Auto Concern Means Many More Big Trucks
J B Morgan and company take a large interest in a major motor corporation, signaling expanded capital for farm tractors and motor trucks. The move aims to boost tractor production, reduce farm labor shortages, and promote tractor use to supplement rail and water transport, with effects expected across farms in the northwest and south.
MENTIONED IN THIS ARTICLE
Auto Concern
Holland
New York
Dune
Motes Trucks
J.B. “Morgan
Comity
Arun
Morgan Ans
Ohio
East
Almast
Connecticut
Hall
New York Market Receipts and Prices Report Summary
New York markets show varied receipts and price movements across dairy vegetables and grains. Creamery items and firsts hold steady with fluctuations in storage and packing. potatoes cabbage and cotton seed show mixed activity. international loan talks reference a Brussels conference on funding postwar Germany.
MENTIONED IN THIS ARTICLE
New York
Jung
Woy
Sorel
Penn
Jersey
Elf
Midds
Liberty Bond Prices and Notable Quotes From War Bonds Market
Bond listings and prices appear for Liberty Bonds with figures such as 92.20 and 55.30 for various series. Mentions include Second 4s at 89.15 and Fourth 4 1-4s at 35.80, plus Victory bonds at 95. The noisy OCR notes several bond types and values, reflecting wartime financing instruments.
MENTIONED IN THIS ARTICLE
Wav
York
Wirst
Coffee markets ease on Santos quotes and trading shift
Coffee prices in New York slipped as Santos quotes eased and liquidation rose, easing the local market. The day closed with lower quotes and a net move down, while futures for July through December showed modest gains and mixed adjustments.
MENTIONED IN THIS ARTICLE
New York
Agatin Mare
Santos
Showin & Net Dee Inc
Tamany
Ted
Comee Dull
Rio
Santos Ga
Clearing House Balance Report Noted By Sub Treasury
A brief government note indicates a clearing balance statement from the New York area. The document references the sub treasury and a balance figure, with figures unclear due to OCR garbling. Further clarification is needed to identify exact entities and amounts.
MENTIONED IN THIS ARTICLE
NEW York House
Aighday Siereti
Treasury
Federal
Local Investor Seeks Sale Of Preferred Stocks Mix
An investor lists selling 1 share American Chain Co 7 percent preferred stock plus 79 percent of Conn Telephone and Electric Co preferred stock and 1 share American Fabrics Co 7 percent preferred stock. They propose selling 2 shares American Chain Co 7 percent preferred stock 2 shares Conn Telephone and Electric Co 7 percent preferred stock and 1 share American Fabrics Co 7 percent preferred stock.
MENTIONED IN THIS ARTICLE
American Chain CO
Conn, Telephone & Electric CO
Shae American Fabrics CO
2Hares American Chain CO
Conn. Telephone & Electric CO
American Fabrics CO
CONN
Telephone & Electric CO
American Chain. CO
Idgeport Hardware Mfg. Corp
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U. S Geological Survey
Perkins
Rawaway Outlook
James Tiller and Company
Lonk
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Jane
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United Suer District’ Court of Claims
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St.Paul, Minn
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Rat
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INEMALES _T
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Dark& United Bond CO
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William R. Bull
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Hincks Bros. & CO
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Bridgeport, Con