Massive Liquidation Roils Stock Market After Long Slide
In a sweeping session marked by heavy selling, more than 3 million shares traded as prices tumbled across major groups. Notable declines hit Hudson Motors and United States Steel along with several rail and industrial issues, while late trading pushed the ticker to record delays and a looming market selloff without fresh news to justify the drop.
MENTIONED IN THIS ARTICLE
New York
Interstate Commerce Commission
Agao
Hudson Motors
General Irs
Liberty Bonds Market Report March 2
New York AP reports closing Liberty bonds with values for series 31 88, 1st 41 43, 2nd 41 45, 4th 41 45, and U S Treasury 45. Treasury 41 aye Tg 102 10 indicates bond price activity and slight shifts in the market.
MENTIONED IN THIS ARTICLE
New York
Liberty
U.S. Treasury
Ls Treasury
Rubber futures and quotes from New York market report
The New York rubber market shows firm activity with smoked ribbed sheets at 60.00 for March delivery and 27.2h for March. May 2023 and April June contracts run around 56.23 while other lines list 9.00 88.00 95.00 and related notes.
MENTIONED IN THIS ARTICLE
New York
New York Cocoa and Rubber Exchange
New York Rubber Exchange
Tax savings under 1925 Revenue Act for incomes 3000 to 10000
The chart shows dollar savings from the new tax schedules for incomes 3000 to 10000. A head of a family earning 2000 escapes tax, 4000 saves 318.87 versus last year, and savings rise with children. Overall 1925 burden about 60 percent lighter than 1924 for 3000 to 10000, but individual gains modest, not boosting purchasing power much.
Public Utilities Shares Collapse On Curb Market
Public utility stock losses dominated curb market action led by United Light and Power and American Light and Traction with steep early declines later partly recovered. Oil shares showed resilience while Industrials and mining topics moved narrowly with heavy trading in copper and a late stock gain for Foundation Company.
MENTIONED IN THIS ARTICLE
New York
Bronx
United Light and Power
American Light and Traction
American Car and Electric
American Super Power
American Power
and_ Light
Commonwealth Power
Electric
Southeastern Power
United Gas Improvement
Aame
Standard 611
Kentucky
Standard OJ
Indiana
Prairie
International Petroleum
Humble
Grand
Foundation Company
Foreten
Foreign exchange rates and U S Treasury balance report
New York March 2 The AP reports irregular foreign exchange quotas with various bank and cable rates for Great Britain France Italy Belgium Germany and others. Washington March The daily Treasury statement shows balance general fund today 4340 891 406 42.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Washington
March
Treasury
Balance General Fund
Metal Market New York Copper and zinc steady
Copper dull with spot and futures at 14 1-8 to 14 1-4. Tin easy with spot 64.12 and futures 63.00. Lead and zinc easy with lead at 0.90 and zinc unchanged. St Louis spot and futures 7.35 to 7.40. Antimony spot 20.50.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Gerera
Lanst Bud General Cigar
Creed J
Sata
Bt Reiy-Co Robt
Guylor
Viekaburg
Adidun Guld
Erry
Royals
Alves
Aida
St Joseph
Savage
ArDig
Baty
Sou Greene
Ms. Il Buu Heug Corp
Uba
Sears Roebuck
Mob North
Gut
Seneca
Golf
Mg MG
Elby Shell Toll
Ck Hutu Corp
Shubert ‘Theatre Corp
Ilid -Lewth
Howe Sound Co
Lee Aig Ney
von Hudan Alumat
Stara Tls
Lhi Ohi
Yatoria Corp
BOO South Pac
Am-La Vrin P
Ne Wilk
Vuda Motor Jong
Southon Ly
Am-La Fina
Wis Central Daily
Porto Rico
Tasco ‘i
Tt Gis
Inland Steel
I Algoibe
DOL
Interborough
Internat Agri Co i
HM Poly
Aguno
Cmb Fi Ag
Int
Harvester Co
Stewart Warner
GOO Stromberg
Stude Corp
Sumatra
Eelan “Corp
HUY and LO Tones Bros
Jordin
the Fair Co
Archer Dan
Kelly
Arnont
Ketsey Wripel
Widentrow
Kennett
Armcomp
Keystone
Artcom
Dy Iil
Kresge Dept Sires AG
Union
San Fe
Yale
Atchison
Union Gil “of Cal
Tagg Myers ‘Tolia
Lantano
Ligg Myers Tov
Ligg Myers
BROSS
Uni Ry Invest
Louisiana
Macleay
Rethle Steel Walt
C & Lind
Maginn Co
Mallinson Co
Booth Fisheries
Bilyr Rollson
Vend Corp Af Ie
Behn
Bay
Vicks Bhieve
Tae City
BT Baty
Chen
Burt-Susque
Marlin Rickwell
Virg Tt Coal-Coke
Burns Bros p + Hi BNL
Martin Parry
Vivaudell Inc
Burns Brow A O's Irs
Leia
Wabaah Ity
Tug Co
Walworth Co
McCrery
Butte
Op Ward Buk
Warren Maron Co
Miamis
Welver-Hellprouer
West Penn Co
West Penn BA
Middle States
West Penn el
West
M. Gourd
Lda
Montana
Montgome
Moon
Chlalton
White Motor Co
Lou
Hoggan
Ik Ak
Munaingwear
Willys Overland
BT Bi
Murrey Body Corp
Haa
Willys Over
Kash Motors
Woolw Fw Co
Bae Chi Ae
Gan Wrigley Ip
Mn Mac KR LP
Bnay
Rmay
Chids Co Birtt
Waryard
Gine Youngat Sheet
Chrysler Corp
Bram
Chrysler
Coca _Crin
Columba
BP Hk
York Dock
Nor Southern Ae Reg Bey
Western
North Amer Co
North Pac
Norwalk
Cuba
Pan Am
Nemours
Phil
Mor
el Paw
Phillipa Petrol Ang AN Ps
Rou
Pierce Ae
Emerson Braatz
Johnson
Titha
Pitta Utiutter
Eureka Vu
Pitts West
Fairbanks Co
Fairbanks Morte
Eno
BOO Pullman
Anne Fisher Tsady
Flei
Foundation
Bnubher
Gardner M
Saco General Repsult
St. Louis
Collapse of Stock Market Shocks Bond Trading
New York March 3 AP interest in bond trading was overshadowed by stock market collapse. Bonds fell as selling dominated with some issues sinking sharply while utilities and railroads showed sympathy declines. Notable losses hit Interborough 68 and others. $38 million electric power issue announced to fund Conowingo development.
MENTIONED IN THIS ARTICLE
Fveral
Prince Artow
Hupp Motors
Stewart Warner
Mack
American Express
American Foreign Power
Brooklyn Manhattan Transit
Electric Power and Light
Lacrelle Gas
Jenai Power and Light
North American Company
Public Service Company of New Jersey
Standard and Electric
United Railways Investment ‘Preferred
West Penn Company
United States Steel Common
New York Central
Atchison
Union Pacfic
Lackawanna
Pullman
U. S. Rubber
New York
Baltimore and Ohio
Chesapeake and Ohio
Chicago Great Western
Ilinois
Interborough
Naseduéctric
Laclede Gassia
New Railways
North Ameri Edison
Philadel Electric Power Company
Conowingo
Susquehanna
Drexel and Co Oy Brow Brothers and Company
I Harris, Forbes and Company
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Representa
Lomas & Nettleton
Orange St
New Haven
Cona
Bridgeport
NEDA
Morgan QuAlity Tel
Main ST
State of Conn
United Loan Corp
Fairfield Ave
Barnum
Fidelity Loan
Middle St
Cor Dobr
Connecticut
Mutual System CO
Aml
State Bank
the Mutual System
Bank Street
Boston
Belgium
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Holland
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Denmark
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Portugal
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Argentina
Frrazi
Tokyo
Shangha
Montreal
Metal Market
Frisco
Seaboard Air Line i
Guex
Skelly
Sinclaire
Gt Mining
Rogers Eee Areatet
Warner Sugar
rginia-Cerol
Chemieal
Cold Packing 6
Peeral Metalaie
Liggett and Levees
Massachusetts
W. R. Bull & Co
Noble
Bridgeport . Conn
Hincks Bros. & CO
Main Street
Hemphill, Noyes c& Co
Wall Street
City Savings Bank
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Detroit
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