New York Stocks Sell Off Sharply On Market Fallout
New York July 19 AP Stocks were swept lower as selling hit many leading issues amid worries over banks tightening credit and higher margin requirements. Wet equities led losses with National Distillers and Allied Chemical among the hardest hit while U S Steel Santa Fe and Union Pacific also fell. Cotton and grains dropped as the dollar steadied and bonds turned irregular.
MENTIONED IN THIS ARTICLE
Wall Street
New York
National Distillers
U. S& Industria Alcohol
American Commercial Alcohol
Commercial Solvents
Case
U. S. Steel
Santa Fe
Union Pacific
American
Pu Pont
Allied Chemical
American Smelting
Dome Mines
Spot cotton steady in Galveston sales at 259
In Galveston on July 19 spot cotton held steady with middling f.o.b. at 480 down and sales reported at 259. The market tone remained firm as traders watched futures movements and local demand.
MENTIONED IN THIS ARTICLE
New Orleans
Galveston
Stock Averages and Livestock Prices Report
July 19 stock averages and livestock prices show varied movements across cattle sheep and calves. Prices for cows vealers and feeder steers range with milk fed vealers at 3.00 to 5.50 and lambs mostly 26 4 higher. Yearlings 180 15 up and top native sheep around 7.75 with yearling wethers 4.06 to 5.75 and ewes 90 1 to 125.
MENTIONED IN THIS ARTICLE
Stecker Am
Kansas City Livestock Market Report Highlights Hogs and Cattle
Kansas City livestock figures show 4500 hogs with slow, uneven demand and 5 to 15 percent lower values from Tuesday, with early top prices around 4.65 for select 220 to 240 lb hogs. Cattle run 4500 with calves at 800. feed steers and yearlings opening slow, steady to slightly lower, while other classes remain comparatively scarce.
MENTIONED IN THIS ARTICLE
Kansas City
U. S
Chicago Grain Prices Mixed on July Markets
In Chicago grain trading on July 19, wheat futures showed July at 10S and September around 1.07 with various nearby and deferred prices, rye saw limited activity with July and September quotes, and lard futures closed with July at 7.45 and 8.35 for July and September respectively as markets reflected mixed demand and supply.
MENTIONED IN THIS ARTICLE
Chicago
KTR
New York curb list shows mixed stock close values
New York curb market notes closing prices for various stocks with fluctuating bids. Am Alum Co, Am Cyanamid, Am Ford, Amer Gas & Electric, Atk Nat Gas, Assoc G & E, Prllh Mfg, City Service, City Gas, Jens Copper, Cord Manufacturing, Cresson, Detroit Air, B S, Libby, Ning Hud Power, Newmont, Penn Road, Seiberling, Shatt Denn, and others traded with varied results and percentages.
MENTIONED IN THIS ARTICLE
New York
CURB
Alum Co Am
Am Cyan B
Am Ford War
Amer G & E
Amer Sup
Atk Nat Gas A
Assoc G & E
Assoc G & E A
Prllh Mfg
City Sve
City Soc Pfd
Jens Cop Min
Cord Mir
Cresson
Detroit
Air
rl B_& S
Dibby Mes Libby
Ning Hud Pow
Newmont
Penn Road
Seiberling
Shatt
Denn
Ss Oo Ind
Boston Wool Prices and Demand Stand at Mixed Levels
AP report notes fair demand for average French combing 64s and finer wools at 74 to 75 cents scoured for original bag lots. Odd lots around 73 cents, clothing staples and inferior wools 69 to 72 cents. Good combing lots often 76 to 77 cents, with strictly combing staples reaching 77 to 78 cents.
MENTIONED IN THIS ARTICLE
Boston
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Stock Exchange Todx
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Ing Cop
Har
IMM
Nkil
Lij
Té&T
Jns Mvi
Keneott
Krog Gr
Lambert
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Amagnelt
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Tiff'rd
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T&tel
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Tob
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Murray
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du Pont
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orPt
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Maont G
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Reyon
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Ward