Stock Market Slump Follows Heavy Selling Wave
Industrial shares slipped with the overall market as selling pressure intensified. The Dow-like indices show May gains erased, with declines spreading to cotton and wheat markets amid global financial tensions and news of stalled German reparations talks in Paris.
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J.P. Morgan
Paris
Germany
France
New York Stock Exchange
Nethleher Lackawanna
Lackwood Committee
Lenine
Whhich
Money and Credit Markets Show Declining Exchange Rates
Unclear text indicates yesterday's money and credit activity with exchange rates slipping from November. Mentions 12 percent, withdrawals as offerings freed the market, and afternoon rate changes. Provides unclear figures from New York clearing banks and dollar exchange terms.
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Lana
New York
Stock Exchange Dealings and Market Tumble Summary
A dense report covers yesterday's stock market action with a focus on broad declines across rails and industry shares, a sharp drop for United States Steel, and a first time sub 3 percent call loan rate in months. It notes anticipated Treasury payments on June 15 and how government financing will be drawn from taxes, certificates, and bank balances.
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United States
Stepmon
Safard
Stock Exchange
Treasury
Behind Active Stocks A Sugar Redding Co Record
The American Sugar Redding Company shows a long dividend history on common stock with no omission for thirty years, now paying none. The firm, established in 1891, runs beet processing operations, reining plants, timber acreage, and real estate with total property near $95.6 million. losses reduced stockholders’ equity and debt reached about $70 million, while preferred stock remains 7 percent cumulative. Earnings available for dividends in 1921 stood at about $7.1 million, yielding roughly 8.17 percent on common stock. stock range since 1900 shows highs around 18 percent and lows near 14.78 percent, with yesterday’s close at 16 5/8 percent.
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