Market declines ease as motors led a cautious session
Stocks sagged on weakness in individual issues with Chandler and Studebaker retreating while Bethlehem Steel held. Atlantic Gulf rallied after a loan extension news. Harvester reversed losses as management denied rumors. American Beet Sugar fell on dividend news. Continental Can eyed frost damage impact on earnings. England's strike stirred sterling weakness, later firming.
MENTIONED IN THIS ARTICLE
Stuart P. West
New York
Chandler
Studebaker
Bethlehem ‘Steel B
Steel Common
Atlantic Gulf
Harvester
Pennsylvania
England
Sterling Exchange
Mining stocks pull gains on curb market activity
New York April 2. Mining stocks rose on moderate curb trading with Acme Coal minorly higher on outside buying while South American gold and platinum led gains amid better overall deal flow. Offshore oil issues were steady with mixed results as bonds drifted, and several ships and ports saw limited activity.
MENTIONED IN THIS ARTICLE
New York
Southern Coal
Tron
Acme
Maracaibo
International Petroleum
Elk Basin
Simms Petroleum
Guffey-Gillespie
Arkansas Natural Gas
Skelly
United States Steamship
United States Ship Corporation
Sweets Company
Paine
All Classes of Livestock Close Saturday at Loss
Chicago markets show overall weekly decline with cattle hitting highs of $10.10 and calves, hogs, and lambs posting lower closing values. Receipts neared 46,559 cattle and 123,431 hogs, while week totals at St Louis and Fort Worth reflect broad weakness across cattle, hogs, and sheep.
MENTIONED IN THIS ARTICLE
Chicago
Karas City
Bond Market Dull Liberty Bonds Hold Steady
New York reports a quiet bond session with Liberty bonds closing near Friday's levels. Foreign government issues mostly steady. Belgian and Swiss bonds fluctuate slightly while French and Japanese issues hold. Pennsylvania and Chicago Northwestern notes edge up marginally. overall market shows little life as traders wait on next cues.
MENTIONED IN THIS ARTICLE
Liberty
New York
Washington
Pennsylvania
Chicago & Northwestern
Ned Rail Hounds
Interborough 53
Hudson & Manhattan
New
Adj Oh
Geron
Dyer
Chicago and New York Bond Market Report Shows Daily Totals
New York bond sales on the Stock Exchange amount to 1 103 000 today, down from 7 145 000 yesterday and 31 804 000 two years ago. Since January 1 total bond sales reach 761 250 000, compared with 1 098 171 000 last year and 591 045 000 two years ago. The report promises a complete list of today’s bond sales with totals for each security and their high low and closing prices.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Chicago
Chicago Stock Exchange
Edison
Motors
Godhham
Hartman
Libby-McNeil
Mid
West Util
W. Util
Pid
Montgon
Lis
Nationad Lea
Seara
Think Rates Fair Unfair Rio Grande Valley Express Tariffs
Vegetable shippers in the Rio Grande valley filed a petition with the Texas Railroad Commission challenging express tariffs that set an estimated 40 pound weight for egg plant shipments in bushel containers between Texas points. They claim actual weights are higher, 65 pounds in hampers and 33 pounds in bushel baskets, and a hearing is set for April 12 in Austin.
MENTIONED IN THIS ARTICLE
Austin
Tex
Rio Grande Valley
Texas Ratroing Commission
Express
Texas
Nstad
American Express Company
Ab Austin
Mining firm levies 0 cent assessment on shares
Saltillo Coahuila April 2 Los Vlaceros Mining Company at a stockholders meeting levied an assessment of 0 cents on 1000 thousand shares. Funds will cover running expenses and development work on their mining properties. Francisco Valdex filed on six mining claims in the Americanos mountains near Nonclova. Assays from the San Jose shaft show values in gold silver copper and end. The property adjoins Soxmera and Las Catay mines.
MENTIONED IN THIS ARTICLE
Saltillo
Coahuila
Mexico
Los Vlaceros Mining Company
Francisco Valdex
Americanos Mountains
Nonclova
San Jose
Soxmera
Las Catay
RedS to Vladivostok
Anti Bolsheviki forces failing to seize Vladivostok after Japanese garrison orders ceasefire. Attackers, aided by remnants of General Cappel loyalists, halted by weaker militia and machine gun defenses. several wounded and several leaders arrested.
MENTIONED IN THIS ARTICLE
Associated Press
Nokia
Vladivostok
Japanore
Vialivostok
Lee
Corpus Christi Railway and Light Company Property Sale Planned
April 20 sale of Corpus Christi Railway and Light Company properties will proceed under a United States district court order. W H Eldridge, receiver manager, reports no change and notes the street railway system is not currently profitable. The sale will be at the courthouse with electric light and street railway assets offered jointly or separately.
MENTIONED IN THIS ARTICLE
Corpus Christi
Bex
Corpus Christi Railway and Light Company
United States District, Court
W. H. Eldridge
R. A.alberson
Houston
Corpus. Christi
Midridge
Paylis
Hutcheson
United States District Court
Electric Light and Street Railway Department
Oil Operations Show Declines in New Wells and Completions
The April oil industry review reports March completions at 2094, down from February. Active rigs and wells totaled 17214, with new production at 224 351 barrels, up from February. Dry holes numbered 488 and gas wells 1820.
MENTIONED IN THIS ARTICLE
OU City
Erade Oi
Leenice
Tody
Democrats to Meet in Washington for Speaker Nomination
Congress Democrats called a caucus in Washington on April 9 to nominate a candidate for speaker and to approve minority assignments on standing committees. Also, plans surface for Vienna’s Schoenbrunn to become a public monument and recreation ground, with Belvedere palace possibly converting to a gambling casino.
MENTIONED IN THIS ARTICLE
Washington
D. C
House Democrats
Vienna
Schoenbrunp
Martia Theresa
Napoleon Bonaparte
Austria
Belvedire Palace
Cotton Prices Slip in Erratic New York Session
In New York on April 2 May cotton futures fell eight to twenty points as liquidation and weak domestic goods data weighed on the market. Spot sales in the South were light while London reports noted a general coal strike and ongoing wage discussions. the market showed irregular fluctuations with some covering to limit declines.
MENTIONED IN THIS ARTICLE
New York
London
Manchester
Cotton Sninners’ Federation
Washington
Germany
Condition Of Banks In New York For Week Ended April 2
Banking conditions show excess reserves at $14.3 million, up $6.6 million. Loans and discounts total $851.2 million, down $11.8 million. Federal Reserve deposits rise to $500.0 million, while time deposits fall $5.3 million to $255.1 million. Circulation declines to $52.2 million with $14.5 million in S&S deposits deducted.
MENTIONED IN THIS ARTICLE
New York
Federal Tegeryva Bank
Sreserve
Federal Reserve Bank of Theville
X-L. S&s
Rumor of Steel Price and Wage Cuts Sparks Wall Street Talk
Report claimed Atlantic Gulf and West Indies would cut steel prices by about 12 1 2 percent and wages by 4 percent within ten to fourteen days, via an eight hour shift. The steel company denied the claim as its head returns to New York. Also noted were short covering signals in Atlantic Gulf and a price spike for Laclede Gas tied to an ordered rate rise.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Steel Corporation
Wireles
Atlantic Gulf
West Indies
Ecourt
Wholesale Market Prices for Produce and Staples
Prices for onions greens radishes spinach and other produce shown per pound per dozen bunches or per crate. Listings include strawberries lettuce asparagus tips and green peas with varied units and prices. Also notes New York coffee futures and market terms for April and September.
Prince Made Senator in Rome Amid Loyalist Cheers
Prince Aimone son of the Duke of Aosta and cousin to King Victor Emmanuel II took the oath as a senator in Rome. Signor Tittoni, president of the senate, praised the prince for upholding Savoy traditions while the Duchess of Aosta attended the ceremony and the assembly gave him a prolonged ovation with shouts of long live the king and long live the House of Savoy. The prince expressed pride in the honors and thanked the greeting audience.
MENTIONED IN THIS ARTICLE
Rome
Trinve Aimone
Amd Ous
House of Savoy
Signor Tittoni
Signor ‘Tittori
Washington to guard Osage oil fortunes under new rules
Charles H. Burke, newly sworn commissioner of Indian affairs, warns that Osage family allowances and royalties totaling up to $40,000 a year threaten exploitation. He says new federal limits on money flowing to Indian owners are needed and supports existing government steps.
MENTIONED IN THIS ARTICLE
Washington, D. C
Duernas
Charles H. Barke
South Dakota
Indian Affairs
Lew
Would Probe Again Involvement in Trish Question Case
New York lawyer Tiplingsworth Wonk claims the commission of 100 investigating the Trish question was biased and partisan. He wrote to Sir Auckland Geddess Washington offering to present the British government's side and proposed sending a subcommittee to England and Ireland to reach facts to influence public opinion toward ending a situation he calls a disgrace to civilization.
MENTIONED IN THIS ARTICLE
New York
Tiplingsworth
Commis Vion
Trish
Aed
Ett Sy
Auckland Geddess Washington
England
Ireland
Movement Helps Grain Prices in Closing Session
Wheat prices dipped to fresh lows before late short covering and buying buoyed futures. Corn saw decisive shorts covered with July gains while oats marked new low levels. Cash markets varied, with export buying and hedging activity shaping the close.
MENTIONED IN THIS ARTICLE
Chicago
Cork
St. Louis
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Shot, Steel & Tran
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Cnr
Mhrin
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Ampus
Maxers
Tapp Motors
International Tharvester
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RTM
Invincible
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Braty Bldg
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