British Labor Crisis Paralyzes Stock and Curb Trading
New York May 6 AP trading in stocks was nearly at standstill amid British strike uncertainty. Total volume under 600,000 shares, the lightest full session since October 1924, with commission houses deserted and sporadic activity in special issues. Buying was limited until the strike impact on American business becomes clearer. Other markets showed little change save for a cotton price flare from a Texas rainstorm and steadier foreign exchange as French and Belgian francs firmed briefly.
MENTIONED IN THIS ARTICLE
New York
London
Corpus Christi
Texas
United States Steel Corporation
Spe- 1
Sloss-Sheffield
Great Britain
United States
Common
First Seasonal Native Spinach and Market Prices Noted
The Connecticut Commissioner of Agriculture reports the season's first native spinach dandelion and rhubarb on the wholesale market. Prices for asparagus, butter, and various fruits and vegetables are listed with broad ranges, showing slow trading and strong demand for some items such as good new potatoes and strawberries.
MENTIONED IN THIS ARTICLE
Hennery
Daily Treasury balance report for May 6 in Louisiana
Balance figures show Malance genera and items totaling 994 241.97 as of today per the daily Treasury statement from Washington. The document records the balance and related sums for the period referenced, reflecting government financial activity in that region.
MENTIONED IN THIS ARTICLE
Washington
S Treasury
Curb Market Prices Edge Narrow Limits In May Trading
New York May 6 Trading in today s curb market showed further contraction in volume with prices drifting within narrow irregular limits Oils and public utilities were most active but public interest remained limited Traders waited for a turn in British stake position before extending commitments Otis firm on continued lead news including a kerosene price rise Prairie Oil and Gas rose 55 for 1 12 points while other favorites posted small fractions Coal shares quiet after yesterday gains American Rayon heavy to a new low Ford Motors of Canada jumped 21 Singer slid nearly 15 Stanley rose 18 1 4 to a new high United Light and Power rose moderately on reports of twelve months ended February 25 net income 7 200 267 versus 3 579 616 the prior year.
MENTIONED IN THIS ARTICLE
New York
Seedem
Otis
Prairie
Glen Alden
Ford Motors
Canada
Singer Manufacturing
Stanley Company
United Light and Power
Foreign exchange rates in New York May 6 AP report
Irregular quotations show demand and cable rates for major currencies. Britain 4.84 9 16, 60 day bills 4.80 13 16. Italy 4.01, Belgium 0.060 1 2, Germany 24.73, Sweden 26.74, Switzerland 13.36, Argentina 40.00, Tokyo 4.75, Shanghai 73.00, Montreal 100 156 8. See full list for other nations and cable bids.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Roumania
Demaryad
Argentina
Brazil
Tokio
Shanghai
Montreal
Realty Records Quiet Claim Deeds and Warranties Listed
Realty records show quit claim deeds transferring properties on Han cock avenue and Hillside avenue. Warranty deeds record transfers on Hanover street Oakwood street and Savoy, plus mortgages on Connecticut avenue and State street.
MENTIONED IN THIS ARTICLE
Olgar H. Egeressy
Admr
Andrew FE. Egeressy
Hancock Avenue
Mary Antousat
August Antousat
Hillside Avenue
Frora M. Ackerman
Thomas McCormack
Hanover Street
Mary Powerz
Oscar B. Olson
William Winter
Oakwood Street
Oscar, B. Olson
Mary Povetz
Savoy
Metal Market Roundup NYC and St Louis
Copper dull at 137.8, spot and futures. Tin steady with 64.26 spot and 60.00 futures. Uranium steady with unchanged prices. Lead steady at 7.85 spot. Zinc steady at West St. Louis with spot 6.75 and futures 6.30. Antimony spot at 12.73.
MENTIONED IN THIS ARTICLE
New York
St. Louis
Money New York Spotty Call Money Rates May 6
Call money firm at 4 with a high of 4 and a low of 4. Ruling rate and closing bid at 4 and offered at 4 1 4. Last loan 4. Call loans against accent unces 3 1 2. Time loans irregular, mixed collateral. 0 80 days 4. 4 6 months led. Prime mercantle pa per 4.
MENTIONED IN THIS ARTICLE
New York
Accentunces
Shipping News Arrivals of Multiple Vessels in May
Shipping reports list arrivals in May: President Monroe at New York from Marseilles via Majestic and Guerbourg with stops in Havre and Rotterdam, arriving May 5 to 6. Also President Jefferson in Hong Kong on May 4 and President Pierce in Yokohama on May 4, with Seattle and San Francisco entries.
MENTIONED IN THIS ARTICLE
Monroe
New York
Marseilles
Majestic
Guerbourg
France
Havre
New Amsterdam
Rotterdam
Columbus
Bremen
Jefferson
Hong Kong
Seattle
Pierce
Yokohama
San Francisco
Brokers' Loans and Stock Decline Spurred by Reserve Board Actions
Analysts link the sharp drop in stock values this year to statements by the Federal Reserve Board and New York Stock Exchange authorities showing total brokers' loans. They argue loans rise in bull markets and fall as prices drop, since brokers borrow more from banks to finance speculation. The early figures on brokers' loans prompted widespread discussion.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
New York Stock Exchange
Brokers Loans Index Signals Stock Market Activity
The Brokers Loans Index shows a surprising total for New York banks failing to exceed three billion dollars. Loans to brokers on their own account stood around one and a quarter billion, dropping to about 950 million since January end. Officials caution that short time data limit conclusions, but future figures may illuminate market activity and conditions.
MENTIONED IN THIS ARTICLE
New York City
New York
Wall Street News Notes Mixed for Anthracite and Markets
The Delaware and Hudson board plans no recommendation to shareholders on segregating anthracite mining properties at the upcoming annual meeting. Canada Dry Ginger Ale reports first quarter 1926 net earnings of 849,297 dollars or 81 cents a share, with sales of 13,000,500 bottles. New York stock exchange seat for Graham F Brandy sold for 185,000 dollars to William A Findley. record membership price was 150,000. York Manufacturing Massachusetts omits semiannual dividend due. six months prior paid 1.60. British shipbuilding shows lowest returns since 1909. tonnage under construction in Great Britain and Ireland stands at 41,949 tons. At end of March 218 merchant ships totaling 948,070 gross tons under construction versus 1,615,480 tons a year ago. 74,000 tons suspended last year, 79,600 tons this year. Italy holds first in world shipbuilding by end of March, with Germany, France, Holland, and the U.S. following. Lanston Monotype earns 6.14 a share on 6,090,000 capital for year to Feb 28, vs 4.38 prior year. net income 968,942 after depreciation and taxes from 259,762, with surplus after dividends.
MENTIONED IN THIS ARTICLE
New York
Loew's Inc
Salen
Lorillard
Pierre
Louisiana
Nefmn
Wan
Union Bag
Staris BT
Ahmad
Union Pac
Orit
United Fruit
Amerada Corp
Mariani
United Ry
Marlin
Marlin Larry
Ivo
Ain Bank
Ind
al P
Mexican Seaboard
J & Steel Corp
Isk
Middle States
Miller
Vanadium Corp
Minneapolis St Louis
Ava
BOK
Aor
Aw Loconative
SUD Mina Packtle Ptt
Wabash Ry Ao
Arm Metal Co Goly Ag
Montana Power
Wabash Pa
Am Republics
Montgomery Wardante
Walworth Co
Am Safety Hazor
HOU Mona
West Paciic
Murray Body Corp
Nasi Motors
Weutghag el Mim
Weaton Mt Inc
Weston Nee
National Biscutt
Nat Cain Regia
Hic Hagoe
Nat Dept
Nat Mipillers
Ctis
Willys
Nat Rys
Woolworth Us
Ann Arbor
Armour Co del Cs
Wright
Armor Co
Fetta
Armour Co
Youngs
Norfolk Western
Norfolk West
Omnibus Corp
Sean
ATRAL
Orpheum Gircuyt
AN Feuny
Austin Slobots Co
Otly Steel Ot
Austry Nichols P RM
Owens Bottle
Iss
Java Baldwin Lee
Pan Am Petroleum
Rarnsiall Cor
Pan Am
Panhandie
Bethlehem Stee
Penlek Ford
Hoth Steel
Booth
Marquette
Brooklyn
Philadelphia
Phila Co
Bkiyn Union Gas
Brown Shoe
Roy al
Pierre Petroleum
Pullman Co
Chandler
Seno Radio Corp
Gt West
Teathgay Steel
Doe eRading Co
Ham
Fort
Rte
Chile
Remington
Hepiogic Steel
Cie Pnew
Republic Iron Biel
Reynolds Springek Oy
Ray Bay Ton
Dae
Chrysler
Royal
St Joseph
Cora
Cola
Colorado Ten
St Louis
Sears Roebk Seagrave Corp
Shell ‘Ts Trads
Southern Pacific
Cube
Avo Spear Co
Spicer
Caday Peking Davison Chemical Ag
Detroit Edison Linguary
Dodge
Symington
Texas
Fidelity
General Motors
General Petrolema
Fioodrich (Te) Co
Hayes Wheel
Homestake Musing Oa
Jlouaton
Ty Say
Hawe Sound Co
Judson Manhatate
Fudan
Hupp Motor Car
HOD
Jnand Steel
Ar Zin
Intecorough
Jordan Maters Loy
Jay Kan City Srethery A
Kayser
Kelly Springfield
Kelsey Wheel Bey
Breage Dept Stores
Val Fnilroad Ae
Great Britain
Bankera Trust Co
British Information Service
Great Britain and Ireland
Lanston Monotype
Bond Market Shows Higher Tone Amid British Labor Tensions
New York May reports activity in the bond market staying firmer than stocks. Liberty bonds quoted with various maturities, while U S Treasury issues held gains. Belgian and French rail issues rose, and several public utility and railroad securities advanced amid renewed buying. Public Utility thirty year bonds planned at 4.5 percent priced at premium to retire preferred securities and finance new acquisitions.
MENTIONED IN THIS ARTICLE
New York
Iir
Gem
Skelly
Gage Pan-American
Stickair
Remington Arms Oty Wilson
Ajax
Cuba Company
Wickwire
Spencer Steel
Interbe
Warrow
Ares
Big Four
National Railways
Southern Way
Maine
Conpaeupe
Bank of England Weekly Statement May 6 192x
The Bank of England reports varied changes in the weekly statement. Total reserve up 1 004 000 pounds while circulation rises 99 000. Public deposits fall 2 224. Order deposits gain 11 634 00. Government securities increase 2 735 000. Reserve to liability ratio 20.48 percent, down from 21.84.
MENTIONED IN THIS ARTICLE
London
Bank of England
Cotton New York Market Report May 6
The cotton market shows spot steady at middling 19.35 with futures advancing. May through January contracts move between 17.11 and 19.08, with May at 19.06 to 19.08 and December around 17.55, reflecting a firm tone in the market.
MENTIONED IN THIS ARTICLE
New York
Rubber New York Market Report May 6
Rubber prices quoted in New York show May at 49.70 cents, July 47.80 cents, and September 47.20 cents. The report lists steady movement across the campaign months with little change in spot and forward values.
MENTIONED IN THIS ARTICLE
New York
Also Mentioned on This Page
U. S
Supreme Court
Terge Holding
Brookb'n Union Gas
Consolidated Gas
Detroit Edison
People’s Gas
Philadelphia Company
Colorado
International Telephone, Radio Corporation
United States Distributing
City National Bank of Bridgeport
Bacon Wakeman & Son., Inc
Unquowa Road
Fairfield
Conn
United Loan Corp
Commissioner of Agriculture
State of
Connecticut
The
Associated Press
Balance
LA. S. Treast
Big Board
Metal Market
Shipping News
Brokers’ Loans
Camanioce
Werxs Sinck
Wall Street News
Wall Street
Delaware and, Hudson Company
Bone
Graham F. Brandy
Willam A. D. Findley
York Manufacturing Co
Massachusetts
Ita
May
Liberty
New England
Andortgage
Chapel Street
New Haven
Colony
Babsonis
Pack
Mass
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