Wall Street Flat as Political Nominations Weigh In
Wall Street waited through a week of inactivity as the Republican convention loomed and then produced little market movement. Traders hoped for signs of renewed activity but saw stocks largely unchanged, with a few headlines on social issues and cautious confidence in a Republican victory in November. The money market strained, call loans touched high levels, and Treasury operations surged past $800 million in a single day. Banking leaders warned of a long convalescent period before credit ease returns.
MENTIONED IN THIS ARTICLE
Micawber
Wall Street
Fortni
Perha
Chicago
Harding
Federal Reserve Bank
Stock Exchange
Treasury
Selena Ste
Inex Blederm
Bain Uns
TNO
Fstagh
Tetstats Motors
Inter
IAM
Lin Kertly
Dalereth
Javea
Wilkes Corp
Eales
Sinter
Neible
Sland
King
Pete Bey
Ben
Dito Tex
Wida Sulton
Hendy
Toonshin
Tye Howe
Fev
Beh
Mune
Weh
Cosden & Co
Chee Adama Express
Advance Rumely
Ajax Rubber
Alaska Gold Minws
Alaska Junian
Allis Chalmers
Do Pt Sien
Amer Agri Chem
Amer Beet Sugar
Amer Te Shop & F
Amer Cano
Amer Car & Fay
Amer Inter Corp
Amer
ORIG
Amer Malt & Grain
Amer Safety Motor
Amer Bhip & Com
Amer Smelting
Amer Steel
Amer Sugar
Tom Amer Sumatra
Amer Tel & Cable
Amer Tel & Tel
Amer Tohacen
Do Pl
Amer Toh See Corp
Amer Worlen
Associated Oil
Top & Ban Fe
Atl Birm
Lin
Atl Gulf
Baldwin Loco
Balto & Ohie
Ag — Thy Barnsdall
Barrett Co
Bethlehem Motora
Bethlehem
Booth Fisheries
Brooklyn
Bklyn Union Gas
Butte
Sep
Gentral
Cerro de Pase
Certainteed Corp
Chandler Motors
Cheam & Ohio
Sita Ccckshl Pt
Gily
Eh Gt Western
Do Pf
St Paul
Aig
Ng Chi & Northwest
Do Ploc
Chi Pneu Tool
Ag Chi Rocks & Pac
Con Inter Callahan
Consol Textile
Crucible
de Beers
Sma
del & Madson
del Lark & Western
den & Rio Grande
Detroit United RA
Mora
Dome Mines
Durham Healery
Duluth
Bo Sr
Endicott Johnson
Eric
Fed
Min & Smelt
Rubber Tire Freeport Texas
Gaston Willis
Gen Amer Taal
General Chemical Do Pt
Gen Cigar Co
Gen Electric Co
Gen Motors
Goodrich, BF
Granby Mining
Jerny & Davie
Gt Northern Pc
North Orenue
Greene Cananea
Guit Mihilo & North
CIE Brite Steel
Maskell & Har Car
Hartman Corp
Nendec Miz
Homeatake Mining
Hupp Motors
Milnola Central
Market forces temper price declines in long run
The piece notes that widespread shoe wear suggests a reserve demand that forms after a delay, potentially restraining a rapid fall in prices. If public resistance to high prices persists and production improves, prices will drop substantially, though sustained production gains are needed for a wholesale decline.
Week's Stock Transactions Week Tear January 1 to di
In rail and other stocks for the week and prior periods the totals show weekly changes with figures for railroads and other stocks. Government and railroad bonds are listed with comparative weekly and yearly amounts, indicating shifts in market activity and investment levels.
Also Mentioned on This Page
Hershey Chocolate Corporation
Pennsylvania
Cuba
Asi
the National City Company
Avge Ote Nain Cit Bonk
Ultaon Hausen Iatiyg Ev Baaie
Cochrane Harper & CO
Broadway
New York
State St
Boston
Independent & Standard Oils
Sinclair Consolidated Oil Corporation
Cedar St
Cor
Trinity PI Telephone Fercrer
Philadelphia
Ohio Motor and Rubber
Otis & CO. Investment Bankers
Cleveland
Detroit
Cincinnati
Columbus
Akron
Youngstown
Denver
Colorado Springs
Chicago - Providence
Prichitt & CO
NY Stock Exchange
New York City
Mr. Lamont
Orient Avg Assurances
Conesortium
China
Bankers of Four Nations
Four Power Group
London
Paris
Irving National Bank
Metion Salen
Industrials
New York Tribuna Inc
Harris, Forbes & Co
Pine Street
Corner
William New York
Tate
Inter Motors
Inter Nickel
Mar— Iron Products Corp
Intend Creek Coal
Island Oi
Sewel Ten
Jones Bros Tea
Kansas City South
Kayser Julius Kelly Springfield
Do BP
Kelsey Wheel
Kennecott Copper
Keystone Tire
Krest
Lackawanna Steel
Lehigh
Walter Liegot & Myers Do 8 Laces Co
Pine
Harrimak National Bank
Fifth Avenue
Forty-fourth St
Banking Fours Fach
Toop Safe Deposit Vaults
Midigh
Electric Bond & Share Co
Buenos A
Compania Aletana Transat de Eluctucadad
Buse Ayres
New York Tribune Inc
Kidder, Peabody & CO
Devonshire
York
Government Bonds
Investment Securities
Foreign Exchange
Letters of Credit
Baring Brothers & Co., Ltd
South America
Europe
India
Anglo-South American “Bank
SIMMS
Homer
Broad ST
J.k.rice, Jr. & Co
Buy&Sell
American Brass American Mach. & Foundry
Bank of Manhattan Co. Corn Exchange Bank
Continental Insurance
Glens Falls Insurance
Lehigh Valley Coal Sales
Niagara Insurance
N. Y
Canada
United States
Union Bank of Canada
Toronto
Montreal
A Canadian Bank For Canadian Business
Wistinka Fe
Union Bank of Canada New York
Wail-St
Dawson
F L Appleby
Forrest
Africa
South Africa
Union
South and East Africa
Bombay
The
Farmers’ Loan and Trust Company
William Street
Forty-first Street
Federal Reserve System
Guardian
Milk Street
Stone & Webster, Inc
Dearborn