CORB MARKET REPORTS WIDENING SELLING PRESSURE
CORB MARKET w YORK April 3 prices slid as selling intensified and active trading followed the decline. Attempts to support special stocks faded while midday sales softened, but renewed buying failed to appear and further losses hit several early leaders including National Supply, Delaware Lackawanna and Western Coal, Megabl iron, Hydrox, Midvale and Dubilier.
MENTIONED IN THIS ARTICLE
W York
Mid-Cay
Delaware
Lackawanna
Western Coal
Prainit
Megabl Iron
Tipuck
Hydrox
Midvale
Dubilier
Lnywer
Mer
Foreign exchange markets show steady New York rates
In New York foreign exchange trading dullness limited business. Demand for sterling held around 24.68 1 4 while French francs eased to around 3 Starts demand 4 Side 69. Paris sets and Stockholm figures appear in scattered quotes from European centers.
MENTIONED IN THIS ARTICLE
New York
Paris
Ifro
Amswera
Smosterdam
Ceidry
Genoa
Krag Mierne Urewnt
Stockholm
Ek Kiristiania
New firm to produce electric water heaters in city
A newly formed company, expanding from Bridgeport Electric origins, plans to manufacture an instantaneous electric water heater invented by the late Andrew Th. Nichols. Operations begin at a leased Bridgeport plant with about 100 workers, targeting East Washington Avenue and Nowlton Street sites and markets in Atlanta Dallas Los Angeles and more.
MENTIONED IN THIS ARTICLE
Bel Nagufagetiring
Jnsant Tleet Water Teater Company
East Washington Vyenne
Nnowlton Straet
Sreywatey Zaport
Wren
Nichols
Andrew Th. Nichols
Bridgenerd Electric Company
Fieto Aeth Dineson
David A. Linsky
Abiraham
Linsky
Cock Paitfield County
Peabo
Willian Street
Barnum Avenue
Bridgeport
Garden Street
South
Arcane
John ¢ WY
Tate
Market Closes With Sharp Last-Hour Losses Across Sectors
New York stocks fell in the final hour after narrow early trading as bears pressed prices. Marginal accounts were wiped out by rapid declines, with banks calling loans and widespread selling driving many rail and industrials to new yearly lows. Only a few issues, like Consolidated Cigar and Rand Mines, showed slight gains.
MENTIONED IN THIS ARTICLE
New York
Pric
Bears
Country prosperity shown in rising bank clearings
Washington April 30 The Department of Commerce reports improved general business conditions reflected in bank clearings in the United States and New York City. National clearings reach 1.6 billion in March, up 22 percent from a year earlier, while New York City total clearings climb to 15.8 billion, marking a strong year rise despite some fluctuations due to strikes.
MENTIONED IN THIS ARTICLE
Ralph
Couch
Washington
United States
Laree
New York City
Department of Commerce
New York
Abiunus
Grain market updates and mixed futures signals
Grain market activity shows liquidating sales of May delivery and mixed futures as traders assess wheat and corn prospects. Prices moved on shifting demand expectations, with weaker sentiment in some contracts while May wheat delivery prices edged higher or lower in thin trading conditions.
Market Notes From Old New York Trade Row
Fragmentary OCR summary notes metal market activity in New York during April. Mentions traders and firms with scarce readable names and items. Indicates pricing movements and brief references to shipments and orders amid unclear text.
Credit Clearing House reports sharp rise in purchasing
The weekly Credit Clearing House report shows a 64 percent rise in purchasing for the country led by the Bust Section with gains across North Agricultural, Middle and South Agricultural, Mountain, Pacific Coast, and East Regions. Labor supply concerns cited by the American Exchange National Bank suggest no relief from Congress before December, stressing the need for strong payment discipline. Sieberling Rubber forecasts 8 million plus sales for 1924, and Mexico is identified as a growing potential market for U.S. goods with improving conditions expected.
MENTIONED IN THIS ARTICLE
Credit Clearing House
Pacific Coast
Massachusetts
Michigan
Pennsylvania
Rhode Island
West Virginia
Maine
New York
New Jersey
Delaware
American Exchange National Bank
Congress
Bridgeport
Bank
Jima
Money Market Notice From New York May Spark Rates
A New York money market brief reports strong interest with high rates near six percent. The note references 1 to 4 as preferred levels and mentions acceptances and a closing date as part of a compact financial update. The text emphasizes demand and yield shifts affecting banks and investors.
MENTIONED IN THIS ARTICLE
New York
Bonds Are Dull And Heavy New Offerings Today
New York April 34 Heaviness in sugar oil and coal shares marked today's dull bond trading on the New York Stock Exchange with lower prices in rails and foreign issues slight declines in French bonds. Government bonds opened heavy but steadied, Mexican 4s and Brazilian 54s advanced one point. Industrials mostly lost 1 to 5 points with New Haven convertibles down 1/2. Total sales 10,074,000 par value. Chicago Milwaukee and St Paul railways to issue 14.5 million 5 1/2 per cent equipment certificates. Pirhana, a fierce river fish, is noted as the world's fiercest.
MENTIONED IN THIS ARTICLE
Bolle Rawig
Lee
Hay Atchisoy
Ann Balti & Ohio
BISA
Rarnsdal
Woo. Bato Mining
Butte
Col Fu & Ir Ang
Anon Col G & Fe
Tos
Sono Cola
Davis Chen
Mame Minex
Kodak
Orou F
Star Bat
Mayers Bay
Fleischmann
Goodrich
Jane Foust
Yang
India
Ikens
Lehigh
Mark True
Mallinson Az
Pa Mull
Aig
NH & Ts
Orl & Wes
North Am
Otis Steel
Owen Bothe
Gna &el
Cita Co
Pee Ware
Jast Wress
A. B
Fanians
Sears Roebuck
St Wal
Lie Culoyel
California Petroleum
Standard Oil
California
Rest & Paints
Consolidated Cigar
National Cloak & Spit
Rand Mines Amd Union Bags & Paper
Sew
York
New York Stock Exchange
U. S
Brazvil
Marland
Punta Alegre
Hasterm
Cuba
Cerro de Paseo
Chile
Wickwire
Spencer ‘Steel
New Haven
Chicago Milwaukee & St. Paul Railway Company
Also Mentioned on This Page
Corb Market
Newfirms
Bridgeport Machine and‘Tool
Instant Electric Water Heater Co
Jeeland
Yan Osarely
W‘straus & CO
Gocrseq
Hatabtaabent
Straus
Fifth Ave
46Th Street
Sey
S. WS
Hemphill , Noyes& Co
John Street
Barnum
Philadelphia
Pittsburgh
Albany
Hurantan
Lelois Central Railroad
Mar & Nob
Old Ring
Chicago
Rock Island & Pacific
Int- Guns & Deg
Republic OF Cuba
American Smelling & Revining CO
Jenkins Bros
Igh
Baebions
Aas ’ Ees Oy
Yona Eit
Ny Ata
ALA
Science
Bolla
Jan Toe
Bae
Metal Market
Sirat
Pires
Shire
Thor Ble
Fe Naedern
Geathern
Ayerth
Sicberling Rubber
Sieberling Ruubber Company
W. A. al Vaughan
Apei
Mexico
Yregent
Reo Motors
R. M
Winkelman &Co
Bedad Street
South America
Shelton Looms
Sidney Blumenthal & Co., Inc
Shelton
Conn
McElidowney Company
First National Bank Building
NOBLE
Norwalk Tire & Rubber Co
Charles E. Doyle & CO
Bank of America Building
Wall Street
Comalissioner
New England Equity Corporation
State Street
Beeks Ratow
Equitable Industrial Long Society
Fairfeld Ave
Hincks Bros. & CO
Investment Bankers
Connecticut Trust Fund Securities
Main St
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