Stock Market Outlook Shaken by Fed Rate Hints Amid Pressures
Stock traders faced broad selling pressure as reports suggested the Federal Reserve’s rediscount rate would rise, curbing speculative sentiment. Convertible issues eased while bonds showed mixed demand, with buyers covering positions and a cautious mood prevailing on Wall Street as talks continued on new offerings and potential company actions.
MENTIONED IN THIS ARTICLE
SBW
York
Atitendon
Ehint
Chesiperke
Ohio
Shweringen
Perrat
Uiekls
Wall Street
Increase in Call Money Rate Triggers Stock Selling Wave
NEW YORK reports the Federal Reserve directors would raise the rediscount rate at today’s meeting and call money to 4 1 2 per cent, sparking further stock selling. Wabash hints at 5 per cent stock value, Baldwin and others see declines as beaverish sentiment grows despite sound fundamentals. Rail lines hit new high freight records, while weather affects western road outlooks. May wheat up slightly, corn down, foreign exchange strong, and cotton retreats on weaker trade demand.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank
Baldwin
Durant
le Solid
Southern Pacific
Texas and Pacific
Roth
Kuhn, Loeb Group
Barkers
Texas 21
Pacific
North American
Europe
Harrison Willams
Pan-American
Wll Bot
Elk Horn
Wall
Standard Off
Indiana
Rock Island
Nstead
Rock Island Thera
Cameo Theatre Sold to Boston Man for 145000
The Cameo theatre at 4 State street, once run by Peter Dawes, was sold yesterday to David H. W. Brand of Roxbury for about 145000. Security Mortgage Co. acted as trustee for a syndicated deal with Fichner and Schnee as brokers. The new owner will operate the Cameo with Universal Motion Pictures continuing management to avoid gaps in programming.
MENTIONED IN THIS ARTICLE
Cameo Theatre
Statetreet
Peter Dawe
Dawes
David HW. Brand
Roxbury
Security Mortgage Company
Fichner
Boston
Cameo
Motion Pfeture
T Universal Mini Corporation
BE. T. Gallagher
New York Federal Reserve March 25 Statement Released
New York March 23 The Federal Reserve Bank of New York reports conditions at close of business March Total gold reserves 893,607,091 total reserves 927,420,000 Mills discounted secured by war obligations 06,536,000 40,285,000 Bills bought in open market 62 9,000 Power earning assets 2946,354,000 Uncollected items 1d1,129,000 Due to members Reserve account 3509,186,000 Total deposits 835,848, onn Federal Reserve notes by nestal vculation 373,293, 00 Radio of total reserves to deposit 17.7 percent.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank of New York
Federal Reserve
Union Pac
Union Fank
United Drug
United
Hudson
Alaska
Illinois
Bosch M
Spo
Agri Now Ag U S Smelt
SS Steel Pt
Univ P & Kad Bete Bt
BK Pt Bao
Utah
Kana
West Md
Ima
Keystone Toy
Kinney Cobb
Westing
Kresge
Buia
Lehigh Valley
Loews Inc
Wilson
Woolworth
Lomillard Co
Armour Co
Louis
Lou & Nash
Ludlum
Awright Aero
Youngs Sir
LOO Assid Dry Gas
Mallinson Co
Asda_DG & pf
Atchison
AGA
Atchigorn
AN Bir & Atl
Manila
Gulf & Wi
Mara Oil
Atg & WI
Austin
Balti & Oh
Balt & Oh
McCrory
Bang & Aroos
Texas
Beth Steel
Mont “Ward
Hklyn
Moon Motors
Mulina Bodyag
Br Balke
Murray Bot
Nash Motors
Burns Bros
Angers
Calumet & Hee
Canners
Ning Falls
North Amer
Chand Atoll
Wort Pacific
Tig Gann Ches & Ghoa Bay
Onyx
Chi & Alton
BEA
Chi & Nor
Penn RT
Stpmu&o
Chile
Chine Cola
Bo Cluett Peabody
Cora Cola
Col Fnel & Ir A
Baye
Rot Philp Mor
Philips Pean
Col Gasauleu
Ang Radio Corp
Davison
Chen
Org
Tyag
Royal Dutch
Pt Agare
St. Jos
Axi Thy
L& Sr
South
Uradi Bee Li & Vt
South Pt
Ion Tols
Turday
Sug Ag
Ino
MD Spicer Mig
Freeport
Gui Gard Motor
Tan Gen Haking
Shy Woo Chen
Haut Atudebaker
Bud Gen Motors
Glidden Co
Aid
Min
Texas & Tae A
Northam
Timken Bull
Ulf Mo North
Gulf
Gulf Mo Nord
Hom i Co
Union
Houston i
Cotton New York Market Snapshot From March Report
Fragmentary OCR shows scattered price figures and dates for cotton futures in New York with values like 42 and 55 and dates around October and December. The text is garbled and may reference settlement prices or daily quotes without coherent narrative.
Metal market snapshot shows mixed London prices
New York futures for electrolytic tin steady near 347 while zinc holds around 7.87. Antimony buys sit at 14.99 with sellers around 14.59. BoE and futures show minor movement, market unchanged overall.
MENTIONED IN THIS ARTICLE
NEW_ YORK
Yiarch
Seprer ' Seak
Elecrolyti
Spa
Boe
February Gold Export and Import Movements in the United States
Preliminary data show February gold exports at 59.58 million dollars and imports at 3.22 million, yielding a February excess of 56.36 million and a three month excess of 145.0 million. The report notes weak imports since 1919 and heavy shipments abroad, including Germany, India, Venezuela, Poland, and England, with large transfers from San Francisco to Australia.
MENTIONED IN THIS ARTICLE
United States
Gulf
Thun
Tunuaus
New York Federal Reserve Bulletin
Germany
India
Venezuela
Poland
Mdland
England
San Francisco
Australia
Business and Finance Traction Confab in New England Rail Meet
BR Powter manager and George Vresson chief clerk of Cannect ficnt company Bridgeport division will attend the annual convention of the New England Street Railway association in Boston Thursday.
MENTIONED IN THIS ARTICLE
Powter
George Vresson
Cannect Ficnt Company
Bridgeport
Wil
New England Street Railway Association
Boston
Money Contract Dosa Bridgeport Debt Story
A historic market note describes Bridgeport Die and Machine Company amid financial distress and involuntary bankruptcy. It details loan rates, daily phonograph record outputs, and a mail order firm bidding process while noting collateral terms and a fading market for short term credit.
MENTIONED IN THIS ARTICLE
Bridgeport Die and Machine Company
Mare
Darkupt
Mirkel
Bridgeport
Market movers show mixed action amid active trading
In new tow levels for the year, Deforest slipped to 14.5 then rose to 2 on aggressive buying. Enopport gagging back 9.19.4-8, up 3.8 at the close. A 14 point jump in National Power and Light reached a new high at 241. Public utilities led activity while other issues showed mixed changes.
MENTIONED IN THIS ARTICLE
Eno- Port
Puble
Curb Market Mixed as Mares Gain Narrowly
Early curb market trading showed Mares advancing while most shares fell or held steady. Weakness spread in certain sectors with uneven demand. Prairie Pipe led small gains to close up 22 points amid a broad, irregular session.
MENTIONED IN THIS ARTICLE
Standart
Nebraska
Mar Aed Ciertes
Liberty bonds report and notes on notable clergy figures
The clipping lists Liberty bonds market figures including prices and bids for Treasury issues and notes a Chicago preacher Owen Morse Mann as the first woman to speak from Harvard University pulpit. Alma White of New Jersey is noted as founder of a sect and held a high leadership rank.
MENTIONED IN THIS ARTICLE
Owen Morse Mann
Chicago
Middle West
Marvard University
Alma White
New Jersey
Market News Vegetable Prices Trend Lower as Shipments Rise
Marketing Bureau report shows movement in fresh produce increasing at shipping centers, with dandelion greens and simiewberries prices shifting downward. Asparagus and other old crop vegetables hold steady or ease. fruits firm with unchanged apple prices and higher oranges. Eggs and dairy rise slightly while hogs ease. liv estock and meat show mixed shifts amid abundant supplies.
MENTIONED IN THIS ARTICLE
Met
Maine
Milch' Co
Grain and Feed Market Report with Prices and Notes
Quoted grain and feed prices show a sharp drop with late recovery in grains, active cash wheat demand, strong export business, and narrower corn discounts. Oats decline amid ample supply. feeds largely steady but offerings moderate and demand weak. Prices listed for oats, corn, bran, middlings, gluten, linseed meal, cottonseed meal, and hay with receipts and Boston freight adjustments noted. Other financial news referenced on page 23.
MENTIONED IN THIS ARTICLE
Connecticut
Boston
Ile
Germany to send second note on security pact
In Paris Morcy, unofficial but reliable diplomatic chatter says Germany will soon dispatch a second memorandum outlining her disarmament stance. A semi official communique implies Allies remain divided on disarmament. Ambassadors council failed to address the issue, suggesting Germany aims for separate security treaties with neighboring states.
MENTIONED IN THIS ARTICLE
Paris
Morcy
Germany
Auto crash leads to license-less arrests
Mise Della Sweet of 21 Merritt Street and Stephen Nadasay of 87 Waldorf Avenue were involved in an automobile crash at Mountain Grove arrest and Fairfield Avenue yesterday afternoon. Both were arrested for operating without a license.
MENTIONED IN THIS ARTICLE
Mise Della Sweet
Merritt Street
Stephen Nadasay
Waldorf Avenue
Mountain Grove Ar Rest
Fairfield Avenue
Building permits issued by city building commissioners last night
Permits numbered 20 were granted for diverse projects across Bridgeport. Listings include Ts W Foland additions to roof at 47 Deacon Street Esther Blumberg frame workshop 185 387 Mountain Grove Street J A Lebovyich three story brick building at Fairfield and Howard avenues and more plans for garages extensions and frame houses citywide from Seastle Park to Seaview Avenue and beyond.
MENTIONED IN THIS ARTICLE
Ts. W. Foland
Asdi
Deacon Street
Esther Blumberg
Mountain Grove Street
J. A. Leboyvich
Fairfield Avenue
Howard Avenue
T A. Dohert
Woog Avenue
City of
Domenick Suillanti
Lexington Avenue
Elizabeth Traski
Elleworth Street
Robert P. Nichols
Durando Place
Mal Ceontos
Oswald and
Rosie Wetzel
Seabright Avenue
James Oneill
Seaview Avenue
Lene
Crarden Terrace
Harry Maring, Jr
Lindley Street
Philomena Vagivello
Queens Avenue
IL W. Walker
Isesee
Jong Street
John Gotsch
North Avenue
Also Mentioned on This Page
Wabash
Moving Picture ~ Theatre
Mar
Cotte
Rio
N. Y
Metal Market
Regal Rata
Fidelity Loan Corp
Connecticut Industrial Leader's Association
Corner
Johnnd Wall Sweets
Ge Assocuras
Basroy
Business & Finance
Jaberty
Yaks Hd
Treasury
State Boams of Agriculture
Bureau of Agricultural Economics
State Board of Agriculture
Julia Alexander
North Carolina
Alexander
Taglana
Beneficial Loan Society
Liberty Bidg
Main St
International Paper CO
McEldowney Company
State ST
TEL. Noble
Bond Buyers’ Club
Ent
Harris Engineering Works
Bradford Machinery Company
Corner Broad
John St. Bridgeport
Waltham
State Bank
Mutual Finance