Rails Stronger But Industrial Stocks Decline
The market split with rails showing support and accumulation while industrials fell sharply amid widespread liquidation. Activity exceeded 700000 shares as copper and other mining firms slashed dividends and copper futures weakened. Bond selloff abroad hit Barcelona banks. dollar demand rose while sterling and call money held steady.
MENTIONED IN THIS ARTICLE
Barcelona
Spain
Ansconda Copper Mining Company
G Tently
United States Smelting & Refining Company
Ines
Chandler Motors
Atlantic
Atlantic, Gulf & West Indies
New York Air Vinke
Mesicnn Petroleum Ad
Houston
Southern
Union
Pam
Mary
Market Money and Credit Conditions Drift in StockRx Session
Money and credit conditions drifted with cash rates around 7 percent across the stock market. Notable shifts followed the withdrawal of 91 million dollars in government deposits, affecting offerings on mixed and industrial collateral while bond and currency quotes moved across United States and European markets.
MENTIONED IN THIS ARTICLE
Ovai
New York
Evebanges
Halanens
Montreal
Sugar Market Outlook By Wall Street Expert
In discussing the unsettled sugar market, the expert argues no alarm is needed unless legislation disrupts economic laws. He notes Cuba has well managed estates and ample credit to meet demand, predicting survival of the fittest with lower costs and gradual value improvement as production falls and consumption rises.
MENTIONED IN THIS ARTICLE
Edwin 2
Msaian
American Sugar Refining Company
Cuba
Markets Slip Amid Air Brake Stock Drop and Bank Talks
Heavy selling pushed New York Air Brake Co shares down to 68 and closed near 69 after a 6% decline, as investors questioned the earnings outlook though a $20 per share profit is projected on an $810 million base. Goodyear finance plans and bank merger talks also shaped the day, with Goodyear facing February loan maturities and New York Trust and Liberty National Bank merger talks aimed at a $10 million capital base.
MENTIONED IN THIS ARTICLE
Sterling Exchange
Pris
Rome
Safann
Nat Con & Cable
Nor Enamel & Sipg
Ea National Lead
Do Pt
Nevada Con Copper
New Oil
Tex & Mex
New York Air Brake
New York Central
York Cork
We Now
Ont & Weat
Norfolk & Western
Nori American
Northern Pacific
Nova Scotia Steel
Nunnally
Fick
Igh
Lew
Adams Express
Rumely Wye
Ainz Rubber Yoo
Kansas City
Alaska Gold Minea
Kelly-Springfield
Allied Chemical
Allis-Chalmera
Kennecott
Keystone Tire
Amer Agri Chemical
Ssuote Ee Laeherans
Do Blows
Amer Rael Bigae
Big — Lukerie & Western
Amer Bosch
Amer UkSh & Fey
Rubber & Tire
Lehigh Valley
Liggett & M
Eser-Neens
Loew's
American Express
Amer Hide & Lps
Lorillard
Pierre
Nie— Bay
Amer Interna Corp
Aia Aaake Ag Ae
aceRae
Louisville & Nash
Mackay Conplicisse
American Safetsiis
Manhatan
Amer Ship & Com
Manhattan
Gavan
Matheson -Albelt
Matheson Aikel
Amer Sia Silvenys
Sioresc
Amer Steel Fay
Maclean’ Petroleum
Amer Sugar
Gove Samy BO
Mtv la Meni Cun Cosner
Ash
Middle Staten Oil
Amer Sumatra
Bt L
Amer Teleg & Tel
Ty Minn
St P & Ssm
Amer Tobacco
Ao B
Amer Woolen
Missouri
Mam Ward’ & Ger
Montana Power
Atlantic Fruit Si
San Fe
Birm & Athh
Atlantic Coast Line
All
Gull & WO
Do Phiviscsecess Auto Sales Corp Pf
Ailes Tack
Baldwin Locome Co
Baltimore & Ohio
Austin Nichols of
Barrett Co
ss+ Tehichem Motors
Bethlehem Steel
Booth
Tull, Roch & Pitts
Hutte
Super Cup
Mutterick Coc
Cattle
Calif Packing
Calif Petroleum
Do Phere Callahan, Zinc
Calumet & Arizona
Canadian Pacific
Central Leather
Cerro de Paseo
Chandi Motors
Ches & Ohio
Chi & East It
Great Weatden
Chi
Mil
St Paul
Northwestern
Rock Dal
Pac
Ee Chi
BL Paul
Chile
Chino
Consol Copper
Clivett-Feahody
Coca Cola Bi
Colorado
Columbia Graph
Colum Gan & Electr
Consol Cignes
Consolidated Gan
Continental Can
Continental Candy
Do of Gan Tertile , Condon & Calc
Crucible Steel 2
Emerson-strant
Emlicott-Johnson
Ne — Erle Sv Crvaveseace
Fedven! Mining
Ty Udeibiayertete
Fisher Mody
Fisk Wu
United Alloy
Ig United Drug
United Hit Sane Etsets
Do Meets & A
Fave
Granby Mining
Firrat Northern Pf
Pipe & Fonco
Gre Ny Sa Gant
Mab & Norns
Outa Katterss i
Kenny & Tmp
United Retail Stores Sa' Ary Agg
United States Rubber
Maska Mar
Montana
Brit Bet Veat
Mumertuke Vacseares
Mendee Mfe
Coopral
Bily Uta
Sudo
OH Gia
Inter Beri
Tena Corp
Westen Union Tele
Westinghouse
Inter Nickel
Alva
Invincible
Enduc
Wilson Co
Coperight
New York Tribune Inc
Fisk Lew
New York Air Brake Company
New York Trust Company
Liberty National Bank
New York Trust
Liberty
Also Mentioned on This Page
London
Huth & CO
Pine Street
Telephone
John
Rochester
N. Y
Boston
Mass
Waterbury, Conn
Cleveland
Ohio
Minneapolis, Minn
Omaha
Neb
Milwaukee
Wis
Hartford —_Providence
Springfield
J.S. Bache & Co
Broadway
Beanshoe and
Correspendente
Sirenghent
United States
Maryland
Wheeling & Lake Erie
Clinchfield & Ohio Preserre del
Lack & West
Orton
Broad St.n
H.rice,jr.&co
Buy& Sel
Prichitt & Co
N.Y
Jack Eeohange
Ghandler & Company
Philedsipnia Benen
Gisnorme Garman
Borden Co. Guaranty Trust Co
Bankers Trust Co
McClure, Jones & Reed A. Teed Pine
Sweden
Timark
Norway
Ponetan
Cublen
Manila
Cheehaven
India
Pan
Supan
Paris
Tricen
Renc- Henwry
France
Ionthy
Lisbon
Ontario
Ris Steel
Owens
Pacific OF
Pacific Development
Macille Gian & Mee
Pan-Amer
Parish & Bingham
Pennsylvania
People's Gn
Bore Marquette
Ligsbaianaie
Vvsene
Philh Company
Nesreseyece AZ Eke
Phillips Petrol
Ene
Pierer Arrow Yl
Pierce
Pittsburgh
Pullian Co
Funla Aligre Sugars
Abe
Mending Ees
Rand Mines
Repub Iron & Steel
Peete
Tito Soa
Royal Dutch
Samar
Sk — Geaboard Air Line
Seneca
Sears Maybuck
Shaduck Aruna
Sluse Sheield
Stewart Warner
Studetaker
Ease
Eras & Myeitie
Third Avenue
Weer
Tom Oars
Deance W Nunley Jou
TIN Anzny Atpva— Oy
Wall Street
Bugar
Goodyear Tire and Rubber
Goodyear Tire and Rubber Company
Goodyear Company
Cable Exchange
Foreign Exchange
Luidon
Bank of Lluna
Madrid
Bank of Spain
Mimority Prt
Menaee
Bankers Trust Company
Baltimore & Obie
Lehigh “Valley
American Smelting & Refining, Preferred
Common
Atlantic, Gulf & West Indies Steamship Lines
Brempi
Fedwal Income
Stamford
Texas
Spitzer, Rorick Company
Equitable
Toledo
Chicago
Illinois Central Railroad
Colgate, Parker&Co
Hormblower & Weeks
Eee New Mie Bost AG
Providence
Portland
Dethoit
Wabash Railway
Central Eastern Rails
Ark
R. H. Macmasters & CO
Broad St
Newhaven
Henry Clews
Broad St. N.Y
EAL
Criveny Branenzic
Union Sacare
Duane St
Enet
Stoollyn
Banco Nacional Ae
Singer Manufacturing
Babcock & Wilcox del., Lack. & West
Frederic H. Hatch &Co
Investment Securities
Newburger
Henderson
Loeb
Ny& Phila
Lock Exchange Roadway
N. Rector
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