Proposed Coolidge Conference Blamed for Stock Selloff
News report links a planned Coolidge conference to a stock market break as brokers’ loans fall about $200,000 since the decline. It notes organized short covering, widespread selling, and mentions specific stocks, market margins, and bank lending declines amid fears of further drops.
MENTIONED IN THIS ARTICLE
New York
Coolidge
Aaid
Wall Street
Bayard Dominick
Interesia
Northern Pacific
Chicago & Northwestern
Pointe
St. Paul
Union Pacific
Oder
Youngstown
Curb Market Treads Low Amid Ohio Price Cut
New York March 24 Curb stocks declined echoing broader market weakness yet held to modest losses. Ohio crude cut ten cents a barrel sparked more liquidation with Prairie Oil and Gas Prairie Pipe and Standard Oils of Kentucky and New York South Penn slipping 1 2 to 2 12 points. New class A Berve stock of an electric refrigeration issue attracted priority trading near its subscription price.
MENTIONED IN THIS ARTICLE
Treasury Department
New York
Ab Boat
Rurniley
Superior
Yblacen
Superior Steel
Pei Ass
Nington Ao
Alaska Juneau
Conington
Uae
Alam Cabie
Chay
Texas
Bosch
Greene Clan
Rao Am
Gulf States
United
Int Corp
Luis
BO Lygo
Interbor Rap
Inter Agri
Univ
Tob_pfd
al Rom Bdo
Univ P Rad Pfes
Sumatra
Utah
See Corp Oe
van Raatta
Ward Bak
Ward Bak Pt A AB
T & T Rts
Waidorf Sys
Am Wool P
Ia Sie
Jones
Sof Weber Hell
West Flord
Kan City
Kelly Spra
Aioe
Roy Bei
Ann Arbor
Atchison Ai
Atchison
Ava
Atl Bir & Au Ate
Tack
Mack
Mack Truck
Jon Wrigley Jr
Mackay
Manail
Barns Corp
Aia
Anon
Man Elec Co
Beth Sui
Mara
Market St Ry
RAS Y A
Martin Parry
Br Balke
Miami
Mullins
Murray
Nash Motors
Ang Rao al Acme
Uda & Co
Insay OM
S.isas
M-St
Paul
Nort South
S4ia
North Amerie
Chile
North Pac
Coca_Cola
South
Son
Pan Am
Park Tlitord
Penn Sea Steel
Con Tex Cay
Phil Co
Phil Jones
Eleree
Ial
Sh Sons Inc
Edison
Pab Ser
Jr Tod Qong
Pullman Co
Pont de Ne
Radio Corp A AB Ag
Fast Kodak
Hn Radio Corp
Elect & Pr
Toyal Duteh
St Jos la
St Louis Bop
Savage Arma
Schulte
Sears Roe
Bea
Foundation
Rte
Shell U
Bimmons Co
South Pac
Cathy Gaa
Gert Wicer
South Penna
ir@uatrial
Chapin Sacka
Lehigh Valley Coal
Swift International
Midie Weat
Wabash Dividends Still in Abeyance
New York March 24 The executive committee of the Wabash Railway company met today and took no action toward resuming dividends on the preferred A stock Wall Street had expected a recommendation to begin payments at six dollars per share at Thursday's board meeting No dividends have been paid on this issue since April 20 1918 when eighteen dollars a share was paid
MENTIONED IN THIS ARTICLE
New York
Wabaai Railway Company
Wall Street
Thunelay
Speculative Rail and Industrial Liens Aid Bonds
New York markets turned cautious after a steep decline with moderate progress led by speculative rail and industrial liens. Pan American bonds rose briefly, as International Paper expanded policy boosted convertibles, while a new $15 million issue and a foreign loan of $6 million Austria Alps steel appeared to lure investors amid mixed railroad obligat ions market sentiment.
MENTIONED IN THIS ARTICLE
New York
Lews
Pan-American 64
Bonda
International Paper Company
Interborough Rapid Transit Company
St. Paul
International Great Northern Chicago
Alton Kiens
Erle Eovastibla
Alpine Montan Steel Corporation
Austria
Liberty Bonds Market Report From New York
United States government bonds closed with varied results. Notable issues include Liberty Ist 4358 at 104.20, Liberty Ist 4s at 101.12, Liberty 2d 4s at 100.28, Liberty 24 4445 at 100.26, Liberty dd 4548 at 100. income details show several Liberty 3d and 4th series quotes, with Treasury 4s at 107.18.
MENTIONED IN THIS ARTICLE
New York
Mar
United States
Liberty
Treasury
Foreign exchange rates in York March 24 report
Market notes show international currency bids in cents and dollars. Major quotations include Great Britain at 478 1 8, France 5.24 demand, cables 6.24, Argentina 39.69, Brazil 11.20, Shanghai 74 1 4, Montreal 928-82, with varying returns on banks and drafts.
MENTIONED IN THIS ARTICLE
York
France
Italy
Jugoslavia
Austria
Roumania
Argentina
Brazil
Yokia
Shanghai
Montreal
Treasury Balance as of March 1 in Washington DC
United States treasury balance as of March 1 shows 446,884,045 dollars in the treasury ledger. The March 24 report from Washington DC provides the current balance figure for the period.
MENTIONED IN THIS ARTICLE
Washington, D. C
United States Treasury
Also Mentioned on This Page
Bridgeport Gas Light Company
State Street
Cena ‘Bridgeport Trust
Ae Ee the
Investment Department
Noble
Lomas & Nettleton Co
Orange St
New Haven
Conn
Bens
Belgium
Germany
Follani
Norwa
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakia
England
Europe
Ireland
Rome
Broadway
Ajestic
White Star Line
Atlantic Transport Line
RED Star Line
Sae Yeti
Oscar
Paso
Aner
Antonio
We Tex
Pac
LG. N
Ning Locomotiv
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