Stock Market Dips as General Motors Hits Declines
Heavy profit taking slows upward drift in stocks with General Motors at times reaching a record high and later retreating. Traders reported 22.2 million shares traded with mixed results, while list operations faced cooler activity and noted motor car profits halved by year end.
MENTIONED IN THIS ARTICLE
General Motors
York
Associatftes
Afts Eral Motors
Inter
Motors
Tradt
Tme
Loth Hlet
Heavy Unloading to Obtain Profit Depresses Stocks
Stocks fell as traders feared weakened market structure after a strong advance. U S Steel slipped to 140 6, Colorado Fuel down 3, and Bethlehem and Gulf states off 13-4. International Harvester slid over 6 on sell on good news. Utilities posted new peaks while many issues fell fractionally. Foreign exchange quiet with sterling around 87 13-16. Wheat rallied. cotton and coffee rose modestly. sugar traded softer.
MENTIONED IN THIS ARTICLE
U.S
Colorado
Bethlehem
Gulf States
International Harverter
Collins & Aikman
Coty
DuPont
Electric Boat
Lorkilard
Yobacco
Universal Leaf Tobacco
White Sewing Machine
Woolworth
Commonwealth Power American É& Foreig Power
Electric Power & Light
American Power & Light
Greene Cananen Copper
T d
Rock Island
New York Central
Chicago & Northwestern
Maryland
Sterling
Tubner
Belgiam
ATA
Luby Amer Il
Berlin
Armen
Blas Armen
Ohio
Tony
Columbia
Netherlands
Tora
Wales
Nord
Lyon
York
Murgh
Buenos Ares
Monroe
New York
Marseilles
Dangly
Saturnia
Naples
Jefferson
Manila
Seattle
Tnt Und Soct Bie Te Born Fa' Anan ‘Tea del Huse Rie Ds Os Pounds |S Yet Ordland
Jim
Florida
Mondrich Titya
Tokyo City
Gotham
Billie Howe
Trigoay
Yekenama
Ronderent
Woethern
Hivison Cotl
Dollar
Whitty Secundt of
Latare
Sfokoi Agia Deed
Miah Boa
Tulal
Rayvee Jullus
Lake Shore
Gia Curhiinie
Loulsyne Sanhant
Lee
BEL Baleares
South Air
Tosi
Glas
Tad
Cola Pueifle
Uinlon Paelthe
Weston
Copper and metals hold steady in New York trading
Market notes show copper and tin steady with futures and spot prices near prior levels. Electrolyte and antimony prices move subtly while blue and lead remain little changed, with quotes in the Reuters ledgers and New York exchanges.
MENTIONED IN THIS ARTICLE
New York
Mare
Lois
Break in Rubber Market Reflected in Tire Securities
Rubber market downturn influences tire securities with mixed trading on U S bonds. Market activity showed unusual accumulation in several issues while government debt signals and corporate dividends affected valuations. Strong entities cited include Philadelphia and Steady and Southern Railway, with references to new bonds and settlement dates amid policy developments.
MENTIONED IN THIS ARTICLE
Philadelphia & Steedy
Pui
Clearing Hole March New York Financial Totals
Clearing Hole reports New York balances and reserve figures. March data show Exchanger holdings at 232 million with reserves around 102 million and general balances near 114 million in the ledger.
MENTIONED IN THIS ARTICLE
New York House
AlatemEn Exchanger
Reserve Bank
General Motors Profits Heavy In Allied Industries
New York March 4 discloses after a year of car operations the General Motors Corp reports strong profits across allied industries. The year 1627 shows substantial sales and production gains, with 1928 profits led by motor car and truck output and material expansion.
MENTIONED IN THIS ARTICLE
General Motors
Allied Industries
Ue Heaten Press
General Motore Corporacion
Blomo
United States
Crnatia
Jas
Tonel Cavatal
Bern
S “Arly Oh
Sraguns
Evy] Gasoline Corporation
Motors
Standard” OW
New Jersey
Foreign exchange rates and daily treasury balance report
New York March 7 wholesale exchange rates quoted in the press list several country currencies with bid and ask figures including Great Britain France Italy Belgium and Japan among others. The daily U S Treasury balance shows a general fund total of 489 198 41.
MENTIONED IN THIS ARTICLE
New York
Ase Jommted Press
Foren
Euey
Great Britain
France
Italy
Washington
The
United States Treasury
Y Pathe
Cotton futures close steady with mixed month prices
New York March 7 Cotton futures closed steady with March at 16.35, May at 18.03, July 18.34, October 6.04 and December 17.08. Spot market noted middling at 16.85.
MENTIONED IN THIS ARTICLE
Sly Ass
Ian
T Ms Rude
Nut Marine
Rans
Catan
Tna
ROD United
Laralier
Lee Myers
Uz Bey
Slu
Carl i
Guy
Linn Vinadine Corp
Neale
Hayysm Vek Chemical
Laadium Steel
Ge Victor
Victor Valkert
Vie Chen
Ag Sieg Tr Coal Coke
Otto
M Hinson
York
Caluinet
Marin Varry
Walworth
Lydd
Caluinet Hecia i
Mathienys
Ward Bok
Eno Warner Qaliusn - Sieg Res & Pow Papps
Sim Mota Corp
Im Straus Pt
Thresa Maui Ait
Sun Mecrory Sts S of Va Warrin Bros Cais
Ws Rumley
Central al
Sun
Midland Steet
Ann Western Tab
Kanex
Missouri
da Corp
West
Weatagh
Montgomwry
Beyt Kugut
Murray
Trun
Woolworth
Sno Wright
Coren
Ehiele
Fey
Vo North
North Amer Co
Uu Nort Au Balk
Nat Helles Hoag
Tata
Bankers
Capita
Manartan
Bank of SY
Wit Pst Co
Pak
United States
Jankern Bearity
Cree Co
Iity
Chiba
Mae
Peeiaerd
Reget Co
Rey Satlousid
Tome
Pitt West Va
Rk Bank Iit
Barane Brantieg
Fy Park
Lee Corp
Diethee
Cory
Bayne Roy
Muriptet
Brad Pras
Cuplsd
le Bros
Hunkere 7 Corp
Anne
Gieran
Las
Brno Halas
Seagrave
Rorek
WWE SR
Bini
Baek
Aly Calick
Ge West & A
Treere Ge
Senate Dali
New York
Associated Press
Grain Market Hangs On Weather Prospects
Chicago March 7 grain prices show steadiness as weather outlook favors the Mississippi region. Wheat crosses initial higher gains, corn and oats fluctuate with small up or down moves. Provisions ease, with mixed shifts across futures, signaling cautious trading ahead of deliveries.
MENTIONED IN THIS ARTICLE
Associated Press
Current Trend of Business and Securities
The Mareh issue of The Situation, our monthly review of conditions, has just been issued. It covers industrial over production unemployment general business money rates the stock market and bond levels. A copy of the review will be sent upon request.
Hemphill Noyes & Co Mec in New York Stock Exchange scene
Hemphill Noyes and Company in New York Stock Exchange related to City Savings Bank building at Bridgeport bids. Telephone lines show connections between Barnum 976 New York Philadelphia Boston rents and a princess cover.
MENTIONED IN THIS ARTICLE
Hemphill, Noyes & Co
New York Stock Exchange
City Savings Bank
Bridgeport
Barnum
Philadelphia
Boston
Also Mentioned on This Page
Lnst
Gall
Oulal de Mare
Yims
Mieral Motors
U. S. Tire
Goodyear
St. Paul Railway
Mae Ling
Iche Mathers
Morlyaser
Baelt
Althaeugh
Kristo Gs
Southern Railway
Belgium
Cermuny
Holland
Norway
Sweden
Denmark
Switzerlang
Spat
Greece
Poland
Czecho-slovakia
Jugo-Slavia
Austria
Roumaniy
Argentina
Brazil
Tokyo
Shanghai
Montreal
Portugal
Martferd
Bankers Capital Company
First National Bank
Bridgeport, Conn
Waterbury
Guaranty Trust Company
American Exchange Irving Trust
Badgeport
Noble
State
Tovar
Diceck Company
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