Stocks Fall as Earthquake News Sparks Market Slump
New York June 29 AP stocks traded lower amid irregular early action and quake fears from California. Losses ran from fractions to several points with notable declines in American Can and related industrials. some issues like United States Rubber and Woolworth advanced. Call money rose to 4 1/2 percent as investors sought liquidity, while foreign exchanges showed mixed shifts and European currencies fluctuated.
MENTIONED IN THIS ARTICLE
New York
TuPont General Raking
Wavana Electric
Manila Electric
Mathieson Alkali
Maswue'i Motors
May
Pacific Gas and Electric Union Tank Car
United Fiat
United States Cast Iron Pipe
Universal Pipe Preferred
Worthington Pimp Western
California
California Petroleum Pan-American B
General Petroleum
Pacific OW
Market Street Railway
Pacific Gas and Electric
Southern Pacific
United States
Goonwear
General Motora
Liberty Bonds Closing Prices in New York Trade
New York June 29 closing quotes show Liberty bonds with mixed yields and par values. Liberty 3 1 8s at 1021, Liberty 1st 4 1 43 at 102.18, Liberty 2nd 4 1 48 at 101.12, Liberty 6 4 at 111.34, Liberty 4th 4 1 8 at 103.20, U S Treasury 4 1 4s at 107.25.
MENTIONED IN THIS ARTICLE
New York
U 5
Liberty
Taberty
Iberty
Treasury
U. S. Treasury
Favorable Wheat Report Sends Prices Downward
Chicago June 29 AP A favorable wheat crop outlook and higher winter receipts push grain prices lower. Wheat drops 5 1 4 to 8 1 4 cents. July at 1.43 3 4 to 1.49 1 1. September 1.42 to 1.42 1 4. Corn and oats follow Wheat weakness, corn below 1.00 a bushel, July and September. Carryover and visible supply weigh on futures as new wheat moves from interior markets. Provisions vary with grain trends as hog values slide.
MENTIONED IN THIS ARTICLE
Chicago
Khanaas
United States
Devery
Firearms Co to Pay Taxes in Hartford Decision
Hartford June 31 The Mar in Firearms Company of New Haven must pay $52 000 in back taxes and a five percent penalty before other creditors can collect, per Judge Edwin S Thomas US District Court. The ruling follows a Circuit Court of Appeals decision granting priority of tax claims. Period covered was Oct 22 1923 to July 13 1924. George Ramsey, receiver, filed suit to determine the law.
MENTIONED IN THIS ARTICLE
Hartford
Marin Firearms Company
New Haven
L Daciston
Edwin 5. Thomas
United States Distict Court
Thomas
Ircuit Court of Appeals
United States
George Ramsey
Cotton market update from Cotton New York June 29
Cotton market report from Cotton New York notes steady to firm prices with middling at 24.80 cents per pound. Futures show a slow, steady rise with gains of 18 to 22 points. July at 24.94, October 21.08, December 24.14, January 23.60, March 22.99.
MENTIONED IN THIS ARTICLE
New York
Gull money market report shows varied rates and terms
In New York on June 29 the money market shows strong demand with rates around 4 1 2 to 6 1 4 for accepts and loans. Time loans firm with mixed collateral, 60 to 90 days at 4 3 4 to 3 4 months, prima commercial paper quoted 3 4 4 4.
MENTIONED IN THIS ARTICLE
Llow York
Gull
Prima Commercial Paper
Interest disbursements lift call money rate to six percent
In New York on June 29 markets faced heavy mid year disbursements boosting funds strain. The call loan rate rose to 6 percent, the highest since December 31, as banks withdrew funds. Wall Street expects the stiff quotations to ease after July 1 with money resuming normal flow.
MENTIONED IN THIS ARTICLE
New York
Market Wall Street
President Calles Warns Rail Workers Over Strike Threats
June 29 AP report states President Calles warns railway workers against renewed threats and protests. The government pledges to implement economic adjustments and remains firm in carrying out the policy on national railway lines.
MENTIONED IN THIS ARTICLE
Mexico City
Calles
NYSE Closing Stock Transactions Report
Yesterday's stock actions on the New York Stock Exchange show complete closing figures for June 29. Trading reflected typical activity with notable volume across blue chip and industrial issues. the day closed with mixed gains and losses and a final price roll.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Break in Stocks Causes Bonds to Turn Downward
New York reports a bond market downturn driven by higher money rates and stock declines. Investors feared rising call loans to six percent, with heavy selling in railway and utility bonds plus Canadian Pacific and Atlantic Coast Line issues. Foreign bonds faced pressure from Caillaux’s financial plan while Scandinavian bonds firmed amid stable exchanges. New issues totaling about 440 million dollars were well absorbed, with more deals under negotiation.
MENTIONED IN THIS ARTICLE
New York
California
Atchison, Southern Pacific
Union Pacific
California and Pan-American
Seliinz
New York Central
Baltimore and Ohio
Atlantic Coast Line
Cheasepeake
Ohio
Usiness Central
Canadian Pacific
Caillaux
Foreign exchange rates across major currencies listed in New York
New York June 9 foreign exchanges show irregular rates with quotes for Great Britain at 485 3 4 on demand and 486 1 4 on cables, France 452 1 2 on demand, Italy 8 64 1 4, Belgium 4 48 1 2, Germany 24 80, Holland 40 04, Norway 17 68, Sweden 26 75, Denmark 19 94, Switzerland 19 41, Spain 14 53, Greece 1 70, Poland 19 1 4, Czecho Slovakia 2 96, Jugoslavia 1 75, Austria 14 1 4, Roumania 46 3 8, Argentina 40 37, Brazil 11 03, Tokyo 40 3 4, Shanghai 79 1 2, Montreal 100 1 84.
MENTIONED IN THIS ARTICLE
Pwin City
Inland Steel
Alaska
Inter
Inter Ag
United Alloy
Yance United Sig
Am Ag
Ing Com
United Drug Me
Har Co
United
Busch
United Ry
Bke Shoe
Ally
Jewell
Jones ‘Br Thy
U S
Univ
Keystone Tire
Kinney
Van_ Raulte Co
An Losomo
Lehigh Valley
Rai
Vivaudou Inc
Lorillard Co
Louisiana
West Mary
Sumatra
Louisville
Nash
Vadium Steel
West Tac
Mack Truck
Wit West Pac
Westing Air
Mackay Coa
Maliison
White Eagle
Maracaibo
White Motors
Ann Arbor
St Ry
Willys
del Btm
Srpp
Sat
Hsakon Woolworth Co
Asana Ey
Marland Oia Ey Ia
Gana Wright Aera
Wrigley Ar
Martin
Parry
Bethte Steel
Miss Pacific Fe
Briggs M Co
Massouri Pac
Gon Brit Ismp
Montana
Brook
Bik
Man Tran
Moon Motors
Montgomery
Bk Man T
Union Gaa
Murray Bay
Buuns
Burns Bros A
GRO Nash
Cha $ T
National Biscuit
Burns Bros
Nat Dairy
Nevada
Newport
NY Air Brake
Canad Pacific
BRAY
Norfolk South
Onis Co
Owens Botti
Luett
Packard
Pan Am Pet
Congol Nairn Sie
Pan Am Pet & Ae
Consol Cigar
Bay
Park ‘Tilford
Pers Mara P
Cru Steel
Philadelphia
Cri Steel
Cuba
Philip Morris
Herce Arrow
Pitts
Deere Ca
Pitts Culpia
Pitts West
Dodge Bron
Bros
Gano RavBne
Fea
Eastman Ko
Ann Erie
Russia
Founda
Royal Dutch
Texas
Joe Ifa
St T. San Tr
St Louis
St Lous South
Schulte
St Vang
Granby North
Warner Bod Fidte Studebaker
Ite
Ua Man P
A Baen
Superior Steel
Symington Co
Central
Tennch
Tnda Ou Gas Bhi
Texas Co
Taeltan Motor
Tex Gulf
Tex Bac
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakie
Jugoslavia
Austria
Roumania
Argentina
Brazil
Metal market notes copper tin iron and lead prices
New York copper and tin quoted firm with near futures around 1a 3-4 and 67.25, 66.25 respectively, iron steady with No 1 northern 20.0-20.60, No 2 northern 19.50-20.40, No 2 southern 18.90-19.00. Lead spot and nearby 8.10. Zinc firm with St Louis spot and futures 7.00-7.05. Antimony at 18.26. Treasury balance at Washington June 29 equals 240,184,165.43.
MENTIONED IN THIS ARTICLE
New York
Northern
Southern
St. Louis
Growth in Light and Power Customers Across 1920–1926
The National Electric Light Association reports U S light and power customers rose from 9 6 million in 1920 to 16 38 million by January this year with domestic accounts up 775 percent since 1920 to 18 25 million in 1926 commercial customers 2 52 million up 44 7 percent and power customers 699 915 up 548 percent The industry’s expanding demand implies rising capital needs and potential overall growth in electricity consumption across urban and rural regions.
MENTIONED IN THIS ARTICLE
Electric Light and Pwer
United States
Commercia
National Electric Light Association
Mathland
Unlty
Thar F. Griffith
National Electric Light Asep ‘Ation
Nex
New York Produce Prices Report June Market Notes
June 29 New York butter cheese and milk markets show weak butter with creamery and salted varieties higher, wholesale milk at 2.83 per 100 pounds, and mixed gains for cheeses. Potatoes and beans steady with bermuda and southern No 1 prices, dried fruits steady, dressed poultry quiet, broilers and chickens steady to firm, beef steady, pork nominal.
MENTIONED IN THIS ARTICLE
New York
Wisconsin
Brown
Hennery
Pacific Coast
Realty Records Release of Mortgage and Attachments
City Savings bank releases mortgage to Max Frank. Transfer of mortgage from Bernard Reynolds to Julius Jiliot Padora MacLeod to Robert H. Newman. Eva Bornatein to Anna Tonnatore. Attachment. Anthony Pueilli by Dante Pu sili against Giovanni Cavallere at 146 Jones Avenue for 10 000. Lena Goldateln against William dot 10 000. Willia H Taon to Vito and Jennie Romano. Tena Hollander to Joseph Hollander.
MENTIONED IN THIS ARTICLE
City Savings Bank
Max Frank
Bernard Reynolds
Julius Jiliot
Padora MacLeod
Robert H. Newman
Eva Bornatein
Anna Tonnatore
Anthony Pueilli
Dante Pu Sili
Giovanni Cavallere
Jones Avenue
Lena
Goldateln
William
Willia H. Taon
Vito
Jennie Romano
Tena Hollander
Joseph Hollander
Also Mentioned on This Page
Reiss
Robert Reis
First Preferred
Woolworth
Simmons Company
International Railways of Central America
White Rock
Newport News Gas
Filedtrie
Northwestern
Roghern Railway Common
Richmond Rourt
Nobie
England Equity Corp
Bridgeport
Lawal
Guaranty & Trust Co
Main Street
Conn
J. Wade
Bawley Ave
Sprohaphiye
Metal Market
Washington, D
United States Treasury
Light and Power
N.Y
Glalm
Hemphill, Noyes @Cos
Baer Gria
York Brook
Raree
Phiadelphia
Boston Ee
the Commercial Bank and Trust Company
Congress
Polis Palace
the American Bank and Trust Company
The
American Bank and
East Main St
Beneficial Joans Aeel
Toms
Beneficial Loan Society
Liberty Bldg
Main St
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