Automobile Stocks Fall Amid Rumors of Weak Spring Sales
New York March 18 AP heavy selling depressed the stock market with large losses across motor shares. Traders cited rumors of disappointing spring car sales as the cause, driving down prices of General Motors Hudson Chrysler and other industry stocks. A broad decline followed a brief strength, with a late rally in wheat offsetting some losses.
MENTIONED IN THIS ARTICLE
New York
Otor
Wuhuat
Rmea
Tes
van Sweringen
Chessake
Ohio Common
Nickie Hate
International Harvester
Iton
Lambert
Ock
Beat Faders
General Overs
Hudson
Chrysler
Gener- Motors
Jordan
Atock
Amerihide
Leather
Rumelyeferred
Allied
Keruical
Amorin Jes
American Smelting
Caonental Insurance
Electre Autoire
General Electric Kinney Andmpany
Savage Arms
Strombers Aburetor
United States
Tpe
Woolworth
Ralls
Common
Preferred
Atlantic Coast
Biltimors
Ohio
Entral
New Haven
Shipping News Arrivals List for New York Harbor
The New York shipping report notes arrivals including the Aquitania from Southampton on March 18 and Fan America from Buenos Aires on March 17. Also listed are Meganic, Launaue matin li, Balled from Rotterdam to Alexandria, and Volendam from Rotterdam dated March 1%, all bound for New York.
MENTIONED IN THIS ARTICLE
New York
Aquitania
Southampton
Fan
Exchange seats sell for record on New York Stock Exchange
Three seats on the New York Stock Exchange sold for a total of 445000 dollars with two at 150000 each and another at 145000. Gustav Jetn of San Francisco and Sidney M. Sternbach of New York paid the high price while J Carson Moore obtained a seat for 34000 less. Sternbach had sold his seat earlier for 150000 and repurchased today at the same amount.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Gustav Jetn
San Francisco
Sidney M. Sternbach
J. Carson Moore
Stenbach
Foreign exchange quotes show irregular quota demands
The report lists foreign exchange rates with irregular quotas for Great Britain France Belgium Germany Norway Sweden Denmark and other nations. It provides demand and cable values in various currencies and mentions 60 day bills and cross rates for multiple countries.
MENTIONED IN THIS ARTICLE
New York
Foren
Great Britain
Banka
France
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Wieoto-Slovakia
Jugoslavia
Austria
Roumarra
Argentina
Brazil
Toklo
Shanewaal
Montreal
Money Market Notes From New York Bankers Desk
Money New York reports steady call money with high and low at 4 1/4 and 4 1/4, ruling rate 4 1/4, closing bid 4 1/4, offered 4 1/2, last loan 4 1/4. Call loans against acceptances 4 1/4. Time loans mixed, 60-90 days 4 1/2 to 4 3/4, 4-6 months 4 1/2 to 4 3/4. Prime mercantile paper at 4 1/4.
MENTIONED IN THIS ARTICLE
Harrow
de Hunsteeling
New York
Prime Mercantile
Clearing House Statement From WEW York March 18
Clearing House reports exchanges totaling 1.07 billion with balances of 149 million in reserves and a Federal Reserve credit balance of 125 million as of March 18. The figures reflect liquidity in the banking system and Federal Reserve activity.
MENTIONED IN THIS ARTICLE
WEW
York
Federal Reserve Bank
Selling Pressure Triggers Slump in GURB Market
March 13 AP report on New York trading where selling pressure surged amid big board liquidations. Active issues show one to five point declines as professional traders dominate. public interest wanes and pool operations pause. Electric Refrigeration, Servel, and Grand Rapids Refrigerator groups fall while American utilities dip but recover some.
MENTIONED IN THIS ARTICLE
York
Humbre On
Reiter-Tester
Carib
Panuco
Guatemalk
Central America
Electric
Servel
Nizer Band Kesyiiator
Hst
Electrica] Refrigeration
Grand Rapids Refrigerator Compant
Wheat Market Rebounds on Strong Export Demand
Chicago wheat prices rose as export sales estimates near 2,000,000 bushels buoyed trading. Eastern connected houses bought heavily in late session while speculative sellers reduced positions. Argentine wheat quality claims were cited to explain renewed North American demand. corn and oats moved differently.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
North America
Rubber market quotes from New York exchange
In New York on March 18 IAP Cocoa and Rubber Exchange lists rubber firm contracts with ribbed sheets trading at spot 61.50 and May at 61.00 and other items showing April to June at 61.000 and varied extoribbed sheet futures. The rubber market also shows spot 62.00 May 66.70 July 59.70 and September 58.80 with additional extoribbed sheet quotes.
MENTIONED IN THIS ARTICLE
New York
Cocoa and Rubber Exchange
Rubber Exchange
New Yorke Stock
Rvp
Studebaker Corp Bay BA Br
BAIGH
Agag Gt
Alugiu
Teana Pacific
Allie Glu
Mite
Laxtman
Cory
Hayes
Thom St
Tagervoil Rand
Union Pacific
Tinton Perfico
Inter Agel Corp
Union
United Alloy
United Cigar Ste
United Drug
Wile-South
United Fruit Tay
United Paperborn
Toffman
Alcatel
Nea Bay
Kan
Gulf
U H Steel Corp
An Sinoblves
Tobacco
Lisas
Hou
Asa Kennecott
Vanadium Orp Ak
Kresge
Ono
Lee
Myers Toba
Bing
Lang Berthum
Walworth Co
Luawontin
Baling
Ann
del Bohy
Tania
Daking
Amn
Nash
Boo Warren Brown
Li Bey
Webar Helltrower
Western Union
Maracaibo
Westingh Air Br
Morland
Werton
BBC Martin Rociowe
Wheeling U Brie
Atlas Tack
Austin Nichols-Co Wig
Beltmore-Ohio
Balti
Bangor-Aroostook
Lenher Sli
Muiiad Corp
Barna Ce
Mid Bel Teod
Wright Aeronautical Mtney Fak Boo Ruyuk Cigars
Ee Ad
Wrighey Jr
Bethie Steel
Beth Steel
Bilynafulon
Murray Bory
Brown Shoe
Waah Motors
Msaby
Burke Coit
Bruns Baus
Burns Bros A. Org
Arava
Central
New York Dock
BT Bud
Do Vusto
North American Co
West Ae
dNorthern
Puelfic
Norwalk
Oppenheim
Chi-North
Otte Orpheum
Chi-North Wert
Owens Bottie
Aon Pacific Goa
U St P
Pacific Oil
Bo FR
Childs Co
Packard
Chile
Sco Paige
Chrysler Corp
Pan-Am Petroleum
Chrysler Cory
Is-Au Tan-Am Petr
Pdu-Am Western
Penick Ford
Alee TE
Ann Fenn
Colum
Penn Penn
Penn Seaboard Steel
Pere Marquette
Atay
Conley Tin
Thiladelphia Co
Titatburg
Pittsburg
Pitts
Cudahy Nl
Cush’ Sona Inc
Talo Corp
Edison B's
Dodge Bros A
Dodge
Stlop & Me
Paton
Royal Dutch NY
Ao Safety Cable Co
Hi Store
Bat
Joseph Land
Fmersin Fant
St Louis San Fran
St Louis San ‘Fran
Seaboard Air Line
Sears Roebuck
IRA Shell
Talon Oik
Shell Wuson Old Ory
Fisher Rody Fyan Sherwin Williama
Tisk Tuy Ne
Sinclair
BO Bu
Sheff &T Ir
An. Am Ag
Bénthern Pacific PO
Spicer
Standart
Sterch
Glidden
Stewart
Metal Market New York Copper Steady. Iron and Lead Steady
In New York on March 18 the metal market shows copper steady with spot at 66.37 and nearby futures 63.24. Electrolytic spot and futures listed at 1d 1-R 14 2-4. Iron and lead remain steady with lead spot 0.82 and antimony at 14.28.
MENTIONED IN THIS ARTICLE
New York
Raw Material Price Declines Across Markets This Year
Prices for iron and steel show strength while non ferrous metals weaken. Rubber leads the drop with prices about 43 percent below 1924 highs. Coal, lead, zinc also fall, while conner prices rise amid overall market declines across grains and commodities.
MENTIONED IN THIS ARTICLE
Standard Statistics Company
Ita
Bond Market Reacts To Stock Decline In Uneventful Session
New York March 14. Reactionary tendencies predominated in today's bond trading as easier money failed to spur buying amid stock losses and European political tensions. Railroad bonds fell broadly while some conversion issues rose briefly on dividend news, with mixed results across carriers and foreign issues.
MENTIONED IN THIS ARTICLE
New ‘York
Chesapeake and Ohio
Baltimore
O20
St. Paul
Virginia-Carolina Chemical
Pan Avegue Sugar
Third Avenue Railway
King’s County Electric
Brooklyn Union Gas Fets
Federal Reserve Bank of New York March Statement Summary
Federal Reserve Bank of New York reports total gold reserves 930.596 million and total reserves 173.629 million. Discounts secured by war obligations 76.832 million, all others 27.858 million. Bills bought in open market 57.410 million. U S government securities 134.137 million. Total bills and securities 297.947 million. Uncollected items 197.767 million. Due to members reserve account 867.825 million. Total deposits 879.620 million. Federal Reserve notes in circulation 371.788 million. Reserve ratio to deposits and notes 77.8 percent. Treasury daily statement shows 342,937,618.87.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank of New York
Itty
U. S
Federal Reserve
F. R
Cotton futures drift with small changes in New York trade
In New York trading, cotton futures were largely steady with minor declines. Close readings show May at 18.65, July 18.18, October 17.52, and December around 17.16 to 17.18 as traders eyed market cues.
MENTIONED IN THIS ARTICLE
Futura
New York
Also Mentioned on This Page
Yeas
Shipping News
State of Conn
United Loan Corp
Fairfield Ave
Barnum
Gale
North
Washington Ave
Housetonto Ave
Telephone Bartum
Clearing House
Gen Alden Coal
Land Company of Florida
American Light and Traction
Gil
America Gas and Electric
American Power and Light
Southeastern Power and Light
New
United Light and Power
United Gas
Metal Market
Lucar
Corton
Wamar Zinc Rubber
Cambrigbe Associates
Bostof
Alue
Federal Reserve Bank Statement
TV. S. Treasury Balance
Washington
Daily Statement of the
U. S. Treasury
Wagoneer
Henry L.doh
Wall Street
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