Profit-Taking Sends Stock Market Down
A wave of profit taking and professional selling swept the market causing broad losses. The Dow Jones industrial average fell 1.92 to 971.55 while the railroad average rose 0.28 to 152.12 as 3,950,930 shares changed hands. Oil issues and copper stocks weakened with some late rally. United States Steel benefited briefly from news of a tax refund before selling off again.
MENTIONED IN THIS ARTICLE
United Press
New York
International Telephone and Telegraph
Bears
Standard Brands
United States Steel
Simmons Company
General Electric
American Can
General Foods
Westinghouse Electric
Anaconda
Dow, Jones & Co
Poultry and dairy market prices from New York and Midwest
Market notes list poultry prices by weight and type, including hens, leghorns, capons, broilers, and geese, with No. 1 top quality figures. Butter and cheese prices are given for wholesale and firsts, alongside live poultry and eggs prices from New York Chicago Cleveland and Cincinnati reports.
MENTIONED IN THIS ARTICLE
Indianapolis
Broilers
Kingan & Co
Wisconsin
New York
Stock Market In New York Faces Mixed Signals
The February foreign trade report and weak wheat prices temper gains after the New York bank rate cut. Copper and food selling press optimism, but brokers’ loans rise. The outlook hints at a possible later trade revival while urging selectivity in investments as the market moves.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
York
New York
Porkers Show Weaker Trend At City Yards
Hog prices slipped twenty cents at the union stockyards with 150 to 275 pound hogs quoted 10.45 to 11.05. Receipts totaled 5 000 with 496 holdovers. Cattle receipts 400. slaughter classes slow. Wealers at 14.50 with 600 receipts. Sheep steady. 90 pound lambs at 11. Chicago hog receipts 21 000 including 5 000 direct. holdovers 9 000. Today’s market slow and 25 cents lower than Thursday. Choice 280 to 210 pounders 10.85 to 11 in bids. no action on heavier weights. Cattle 1 500 receipts. sheep 14 000.
MENTIONED IN THIS ARTICLE
Chicago
Eeveeen
All Times
Louisville
Pittsburgh
Bu United Press
Toledo
Cleveland
United Press
Buffalo
N. Y
Woleskins
1929 Losses And 1930 Prospects In Various Firms
Consolidated operations show a 1929 loss of 7.496 million after reserves and charges as of December 31. Mesta Machine Co reports 1929 net income of 1.707 million, Borg-Warner 7.663 million total and 6.03 a share. F&W Grand-Silver Stores extension to April 1, 1930. Greyhound Lines carryover tops 18 million passengers. West Ohio Gas 1929 revenue about 748k. Dictaphone profits rise to 728k. United Insurance notes record production in Indianapolis with 1929 weekly highs and 1930 per-man earnings up marginally.
MENTIONED IN THIS ARTICLE
Dhe Fisk Rubber Company and Subsidiaries
Detroit
Mesta Machine Company
BR. F. Wahr
Chicago
Borg-Warner Corporation
F. & W. Grand-Silver Stores, Inc
Grand and Silver
Isaac Silver and Brothers Company, Inc
F. & W Grand 5
O. T. Hogan
United Insurance Company
Julius M. Crost
Indianapolis
Crost
Hogs and cattle prices in several markets march 14
Market reports from Louisville Cincinnati Pittsburgh Toledo Cleveland East Buffalo and Chicago show hog receipts varying, with prices advancing and other sectors steady or down. Key figures include hogs 160-210 lbs around 11.30 at Cincinnati and 10. too high or low beyond. Cattle receipts mixed with steer prices mainly 10 to 14 dollars per hundredweight and vealers strongest near 15.50 at Chicago.
MENTIONED IN THIS ARTICLE
New Orleansigh
Low Close
Jantary
Beewereeee
Seeeee
Pesceversers
NEW York High
Weeeee I
Wane
Bank clearings and balances reported across major cities
Indianapolis Friday clearings reached 3.263 million with 6.589 million in debits. Chicago bank clearings totaled 102.3 million with balances near 9.1 million. New York clearing and balances stood at 182 million and 185 million respectively. Treasury notes show March 2 balance of 5.23104 million with expenditures of 10.5 million by month’s end.
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Indianapolis
Chicago
United Press
New York
Pees
Clearing House
Federal Reserve Bank
Cotton Market Declines After February Consumption Figures
In New York on March 14 local traders sold the market down nearly ten points after accepting February consumption figures. Spot buying around 14.55 spurred short covering, aided by December contract purchases by a major commission house. Trade circles note hedges by European interests against Indian cotton, with government interest in summer months seen as a price driver.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
New York
Commission House
New York Stock Exchange Closing Prices Report
On March 14 in New York, closing prices and net changes for principal NYSE stocks were listed. The report captures stock performance across major listed companies with daily movement details.
MENTIONED IN THIS ARTICLE
United Press
New York
New York Stock Exchange
Grain futures drift after mixed close on Board of Trade
Wheat closed uneven with gains in May as farm board purchases offset bearish foreign news. Corn rose modestly while oats were higher, cowed by weak wheat. Provisions mixed. cash corn and oats eased while receipts varied and markets remained dull overall.
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United Prose
Chicago
Board of Trade Today
Farm Board
Liverpool
Buenos Aires
St. Louis
Grain close and receipts from Chicago and Toledo markets
Wheat and corn prices listed by grade for Chicago and Toledo with cash and sample rates. Primary receipts and shipments for wheat corn and oats reported for Chicago March 14.
MENTIONED IN THIS ARTICLE
Bu Times
Chicago
Grain bids and car lots at Indianapolis Board of Trade
The Indianapolis Board of Trade posted cash grain bids f o b shipping point with basis 412c New York. Wheat prices ranged from 1.03 to 1.05 for No 2 red and hard. corn and oats showed firm to strong quotes. hay prices held steady for No 1 and No 2 timothy. Total car counts listed for various white, yellow, and mixed grain grades across multiple car lots.
MENTIONED IN THIS ARTICLE
Toledo
Timothy
Indianapolis Board of Trade
New York
Grain prices at Wagon Wheat City elevators
Local elevators pay 99c for No 1 red wheat and 92c for No 2 hard wheat. Also notes a historical quip about old English naval captains informing crews of discharge by removing the tablecloth for three meals.
MENTIONED IN THIS ARTICLE
City
Conquest of Earth by Martians Foretold in Portland Theory
A Portland scientist predicts Mars inhabitants will abandon their airless world and conquer Earth after Martian germs cause global diseases. He claims Martians monitor Earth via telescopes and will deploy deadly germs until they wipe out humanity, unless terrestrial scientists counter them.
MENTIONED IN THIS ARTICLE
United Presse
Portland
Ind
Earth
Mars
Former Sheriff Faces Liquor Plot Charges
Charles Zimmerman former Steuben county sheriff and deputy Russell Eckhart were arrested on federal indictments charging liquor conspiracy. They surrendered to United States deputy marshal Herman V Atkins in Fort Wayne Indiana. Zimmerman formerly lived in Angola and Portland and is named in two conspirac y indictments including Earl Mencenberger and Guy A Emerick among twenty six others.
MENTIONED IN THIS ARTICLE
United Press
FT. Wayne
Ind
Charles Zimmerman
Steuben County
Russell Eckhart
Herman V. Atkins
United States
Zimmerman
Angola
Portland
South Bend
Guy A. Emerick
Allen County
Earl Mencenberger
Garrett
Fox Film and Theater Faced With New Legal Actions
Three new suits filed in state supreme court tighten the legal squeeze on William Fox as Fox Film and Fox Theater confront attempts to take control. Courts consider injunctions over voting trusts and refinancing plans while matters regarding Loews Inc. profits await decision.
MENTIONED IN THIS ARTICLE
United Press
New York
Fox Film
Fox Theater
William Fox
State Supreme Court
Harry L. Stuart
Halsey, Stuart & Co
John E. Otterson
The
Electrical Research Products, Inc
Fox
Justice Levy
Supreme Court
Stuart
Otterson
Alfred H. Townley
Fox Film Corporation
Justice Townley
Bancamerica-Blair
Norman &. Dike
Brooklyn
Dike
Loews, Inc
Fruit and Vegetable Prices From Local Market List
A dense reproduction lists box prices for apples cranberries grapefruit grapes lemons limes oranges and fresh strawberries along with assorted vegetables including beans cabbage celery cauliflower cucumbers eggplant kale lettuce onions and more. Prices vary by origin with several crates bags and hampers noted across Florida Indiana California and Texas markets.
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Fancy
Baldwins
Northern Spies
Sap
Florida
California
Alemeria
Jamaica
Indiana
Minnesota
Bever
Florida Cobblers
Texas
Nancy Halls
Sassafras
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