Wall Street Notes Chicago Ties Stir Markets
The dispatches show Chicago connected houses driving activity while others stall. Traders fear a 10 point setback but memory of past losses keeps many from bold moves as activity surges then lags across traction stocks and public service transfers.
MENTIONED IN THIS ARTICLE
Public Service Commission
Copper Prices Fall On London Reaction At Metal Exchange
After a month of rise copper quotations on the New York Metal Exchange were marked down yesterday. Declines reached one eighth of a cent per pound across all grades, caused by a sharp London reaction and reduced domestic inquiries in the past several days.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
London
Metal Exchange
Wheat and corn markets sink on Chicago selling wave
Bulls led by Chicago traders pushed wheat lower while Northwest supply hints and weak Southwest movement limit gains. Liverpool closed modestly down. interior receipts fall versus last year. Cash wheat in New York ranges No 2 red 99½-100¼ cents and No 1 Northern Duluth around 124-125 cents. No 2 hard Winter about 108 cents. Corn prices slide as late break sends No 2 corn in New York to about 89 cents at elevator and on board afloat.
MENTIONED IN THIS ARTICLE
Chicago
Northwest
Liverpool
Minneapolis
New York
Duluth
Receiver for Cheshire Gas and Oil Company
Cheshire Gas and Oil Company entered receivership in Gallipolis after Citizens' Trust Company of Trenton filed suit seeking 103000 against the firm and 51000 against President Richardson. Capt. S. A. Dunbar named receiver as the company, based with offices in New York, faces possible reorganization.
MENTIONED IN THIS ARTICLE
Gallipolis
Citizens’ Trust Company
Trenton
N. J
Cheshire Gas and Oil Company
B. Richardosnn
New York
Richardson
A. Dunbar
Kdoe
Bethlehem Steel Denies Consolidation Plans with Harlan & Hollingsworth
A Wilmington report that Bethlehem Steel would merge Harlan & Hollingsworth to form a larger steel car plant was promptly denied. Bethlehem Steel owns all stock of the subsidiary, and no consolidation is planned.
MENTIONED IN THIS ARTICLE
Bethlehem Steel
Wilmington
Del
Harlan & Hollingsworth
Bethlehem Steel Corporation
National Stock Promises Unlimited Capital and Stock Power
A self styled founder proclaims National Stock as a sovereign vehicle to own banks railroads and industries and to manipulate stock markets. He claims vast capital interlinks with public prospects urging mass pamphlet distribution and stockholder growth to outmaneuver the System in New York Boston Philadelphia and beyond.
MENTIONED IN THIS ARTICLE
BAY State Company
Harrimans and Morgans
Inter
New York
Philadelphia
Boston Stock Exchange
Wall
State Streets
Ness
Power to sway stock markets fuels systemic control
A narrator claims absolute command over a corporate instrument capable of shaping the financial system. The critique centers on the System’s billions from fixing stock values, using People's Money in banks for funding, and the stock market as the arena to challenge the System’s grip on Americans.
MENTIONED IN THIS ARTICLE
National Stock
New Banks to Show Funds From National Stock Selloff
The article argues banks and trust firms funded by National Stock sale will take deposits to loan at fair rates, while accusing System controlled New England banks of siphoning profits. It cites a New England example with $75,000,000 in deposits and $12,000,000 rise in stock value plus $3,000,000 in annual profits.
MENTIONED IN THIS ARTICLE
New England
Arein
Savings Bank
National Bank and Trust Company
National Stock promises wealth from stockholder power
A pamphlet promotes "National Stock" to disrupt major financiers and reclaim ownership of key industrial and financial institutions. It urges widespread stockholding, claims rapid value growth, outlines sale via major exchanges, and asserts no personal profits to the promoters while forecasting large future gains.
Tremendous Market Deeds and System Power Exposed
A speaker accuses the System of manipulating stock prices to crush public gains, recounting past campaigns in Yukon Amalgamated Copper Range Butte and Boston St Paul Smelters and Trinity and warns readers that the National Stock will reveal corrupt power as investors see billions return to the people.
MENTIONED IN THIS ARTICLE
National Lead
Trinity
First National
St. Paul R. R
Guggenheims
Yukon
New York
Boston
Philadelphia
London
Paris
Berlin
Amalgamated
Butte
St. Paul
Ivaness
Dictar
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