Drop in motor shares follows Chevrolet cut in prices
In New York trading the market opened with opposing forces as the Chicago Fed reduced its discount rate while Chevrolet Motor Company announced a price cut. Motor shares sank sharply at the outset and pressured related stocks, though a later rally appeared. Railways oils and a few specialties steadied, keeping overall market tone mixed amid ongoing motor sector effects. Sterling rose to a new high, while grain and cotton markets retreated after a prior upturn driven by crop outlook.
MENTIONED IN THIS ARTICLE
Stuart P. West
Wall Street
New
Nork
Federal Reserve Bank
Chicago
Boston
New York
Atlanta
Chevrolet Motor
Compaq
Studebaker
Chandler
Pierce Arrow
Chevrolet
Ad‘vance
Sterling Exchange
Department of Agriculture
NEW York Stock List
Curb Market Activity Mixed With Tin Leads Gains
On May 7 in New York curb trading, short covering pushed National Tin to a new high before profit taking cooled gains. Acme Packing rose slightly on coverage, while Sweets Company moved up marginally. Motor stocks softened with lower bids, and oil shares showed mixed moves as Simms Petroleum held firm early then paused. Carib Syndicate and International Petroleum edged up, Skelly Oil eased, and mining shares saw moderate activity. Silver issues stayed steady and bonds were barely active.
MENTIONED IN THIS ARTICLE
New York
National Tin
Acme
Sweets Company
United Retail Candy
Stock Exchange
Simms Petroleum
Carib
International Petroleum
Granada
Jover
Canadian Pacific
Vittsburg
Libby, McNeil and Libby
New Orleans
Texas & Mexico
Missouri Pacific General
St. Aulds
Reaction In Cotton Foreign Bonds Strong In Early Trade
New York May 7 Wall Street and local buying were helped by favorable goods trade reports, easing money, and optimism on reparations amid firmer foreign exchange. however, the market faded after an opening gain as traders took profits. Printing cloth sales and export demand appeared solid, while money easing and Allied conferences supported sentiment.
MENTIONED IN THIS ARTICLE
New York
Solme
Wall Street
Manchester
Fall River
West India
Central America
Federal Reserve Bank
Chicago
Washington
New Orleans
Liverpool
Longa Mottie
Trance
Senate to vote on emergency tariff bill next Wednesday
Washington May 7 The Senate set next Wednesday for a vote on the emergency tariff and anti dumping bill after a half hour discussion of the agreement. Senator Penrose urged elimination of delay while Democrats Simmons Fletcher and Gerry criticized the bill. An amendment to extend anti dumping provisions to airplanes was offered by Senator New.
MENTIONED IN THIS ARTICLE
Senate
Washington, T D. C
Penrose
Pennsylvania
Simmons
North Carolina
Fletcher
Florida
Gerry
Rhode Island
Pietcher
Congress
Noley
Seare
New
Indiana
Chicago stocks and New York bond sales report May 7
The Chicago and New York markets show bond sales totals with high, low, and closing prices for the week. Data include reserve figures for clearing banks, deposits, and state bank vaults, plus New York money market rates, US and foreign government and railroad bonds, and sugar and commodity notes.
MENTIONED IN THIS ARTICLE
New York
Hose Banka Nod Trust
Dee Lerpase
Valismeworkers Feder Tuserve Bank
Haag
Demane
Deeronde
Stew Ford
Xeon
Army orders assign Cav units to Fort Houston duties
An Army dispatch from Headquarters lists Capt Bo B. W. Dinesh and others as assigned to the 7th Cavalry for bombardment drill. The report places units at Fort Houston with operations involving Kelly Beach and coastal defense sectors.
MENTIONED IN THIS ARTICLE
Bo B. W. Dinesh
Servis
Wav Fom
Headqwarters
Kelly
Tas Mered Fort
Soin Wouston
Cavairy
Port Bisai
Livestock values show advance at close of week
Chicago reports uneven livestock trade this week with overall gains. Cattle prices rose late week though early demand was weak, heifer and cow values firm, and hogs closed higher than last week. Lambs advanced modestly with best shorn stock around for the period. Receipts totaled about 49,870 cattle 126,310 hogs 99,203 sheep.
MENTIONED IN THIS ARTICLE
Chicago
Kansas City Livestock Market Report for May
Receipts about 600 cattle with steady to 2 higher bids for steers and heifers. Canners and feeders steady to strong, cows and bulls mixed. Hogs and lambs listed with prices around 8.25 to 8.45 for certain lots. lambs down about 1 to 2.0.
MENTIONED IN THIS ARTICLE
Wen Yi
Lghery Stoeer
Jan
Svernpees
Onnekers
Zoe
Fort Worth stock sale reports mixed cattle results
At Fort Worth cattle sale many lots showed unchanged quality but light flesh. Steers brought around 6.50 per hundredweight while calves traded near 3 dollars. Cows and heifers, hogs and sheep mixed with varying demand and prices. total receipts close to seven hundred head with significant interest in calves and yearlings.
MENTIONED IN THIS ARTICLE
Fort Worth
Sania
Tha Hor Ysarda
Dottie
Eek
Weathers
Damiba
Yvenringa
Ob TV
Perieeg
Mathes
Medina
Pension Guards Could Earn Government Pensions
Washington May 7 Representative Mindpeth of Texas introduced a bill extending government pension eligibility to frontier guards who enlisted against Indians from 1876 to 1881. The law currently excludes enlistments after 1876 though these “minute men” were not disbanded until 1881. About 100 veterans or widows in Texas would be affected.
MENTIONED IN THIS ARTICLE
Washington, D. C
Mindpeth
Texas
el Paso
Increase Fire Rates Fifteen Amendments to General Basis Scheduled
Texas state fire insurance commission on its own motion promulgated fifteen amendments to the general basis schedule raising fire insurance rates on multiple classes effective May 1. Increases include opera houses 3 percent hay and straw warehouses 10 percent non fire proof terminals 25 percent and flour and cereal 50 percent among others as losses prompted offsetting reductions in dwelling rates and to balance premiums.
MENTIONED IN THIS ARTICLE
Austin
Tex
State Fire Insurance Commission
Texas
Tn Sarvey
Opera House
Neff Greets Students At Texas Capitol Office Visit
At the interscholastic track meet in Austin Governor Neff hosted more than 1000 state youths in his Capitol private office. He invited them to decide whether to meet in the reception room or his working office, and about half a dozen chose the grand room while over 1000 favored the private office where Texas business is transacted.
MENTIONED IN THIS ARTICLE
Austin
Tex
Neff
Capitol
State House
Dheusand
Texas
Referendum Law Shifts Public Decision to People
Stockholm May 7 The Honeferendum law transfers the responsibility to decide major public questions to the people with consent from the king and riksdag via seven referenda. Critics warn it weakens representative government while Socialist and agricultural parties back the change. Branting, Socialist leader, says people will in future settle any principle questions, leaving the riksdag as experts on details.
MENTIONED IN THIS ARTICLE
Bal Elaherty
San Antonio Light
Chivaga Daily News
Chigaga Daily News
Stockholm
Riksdig
Icing
Riksdag
Rikedug
H. Dh. Almer Branting
Rikadag Wast
Meborg Vowiiy ONL and Gas Company Sets Line at Kingsville Test
Wingaville Tex May 7 The Meborg Vowiiy ONL and Gas Company has set a line at 2017 feet in its No 2 Rose six and one half miles southeast of Kingsville and is preparing to test out a showing of oil encountered in the well This is the only test for oil in the vicinity on which operations are in progress at present.
MENTIONED IN THIS ARTICLE
Wingaville
Tex
Meborg Vowiiy Onl and Gas Cammny
Rosse
Kingsville
Bearish sentiment governs wheat market at close
Bearish sentiment dominates wheat at the close with general liquidation in May and pressure into July. Export news is bearish as England reportedly cancels shipments. cash premiums ease while receipts rise. Corn and oats show weakness with moderate domestic demand. provisions fall as grain strength offsets hogs.
MENTIONED IN THIS ARTICLE
Chicago
Southwest
Seaboard
England
Kansas City
Montrea
Buffalo
Weavier
Also Mentioned on This Page
Broad Street
Industrials
OFL Stocker
Orleans Futuna
Orly Ans
Br. Am
Motora
Durant
Aly Empire Foot
Ccs
Heydén Chem
International B
Libby McNas
Perfection Tito
Close. Radio Co
Liberty
Reale Co
Libery
Iran
Vente Co
New Fork Lane
Union Carbide
Galverton
Sida Si
United -Reu Can
Horaton
G Corp
Vais
Dallas
LL sEa
Nmietory AB Tew
Ateamt
Belajuin
BT ree + AG
DOR Willys Corp
Eee
Hirh. Low
Copen
Bis
Lyons
Ordans
Marseilles
Paris
Fis
Uric
Sweden
Tenanark
Norway
Bose
Ran
Tns
Puuto
Mexico
Allied OH
Nat Gas
Caryn
Amy
Rim
Basin
Tin An
Bugar
Huise Tolmace
Gilet
Cinon
Tritch
Taw
Clon
al Crucible Aterteee
Katy
Norton
Ufa
St. Ol
Claas
Joninville
Nashvilles
Alaska
Maxwel Motorseats
GU Wes
ANG Mortez Bilger Ee
Moathe I
Lamy
West
Tonopah
Trad Ag
Indish Gon Om
Southern Railway
Tila el Strainard
Aor Allied Packers
Texas T'N
T. & Tor
Texas & In
Transcontinental
Westinghouse FE Lent
Goodrich Tike
Rowy
Willys-Overland
Atlantic Coant
Kennecott Cop
Coch Cola
Navk Chonic
N. T
Ohio
Gan
Aft
Tron Ag
Iery Ae
Virginia Rol
Am Tabacey
Inc . Falvey Et Cle &S
Veces
Sattt & To
Chile Coppers
Es Texax Co
Columbia Graph
Vaentin
Condon Company
Westingloute
Hupp Motors
Tavinelbln
Lacenee Wai
Bonvaa City
Kelly Spring Tire
Bps
Nan
Boston National Bend
Anne Any
Rony Wovada
Leow
Clore
Tacitte Tee
Rontyn Flevnter
Ocecees
Eh BR
Calumet & Heelaee
Phillipa
Plerea
Pierce
Mat Butte
Western Union
Rere
New Cornelia
Winon Areveereesserenne
Dominionr
Swift & Co
Bae
Utah Metai
Yu Ventura
Walworth
Santember
Tatal
Raton
Savannah
Gawane
Norfolk
Birla
Tlawaton
Ter
London
York
Doemetic
NEW Urans
Millers Ree
Gels
Corpus Christi
Tandon Arnim
Corps Baby
Frank Stubbs
Vetronica
Ral
Sinaia
Apumgur & Coop
Ain
Ratt
Orie
Olio
R. Q
Lee Ohh Ny Co
Cuba
Frank
Klee
Northern Water
Reat
Tom
Tenien Valley
Ligentt & Myers
Uiggett & Myers
Ray
Cray
L.&b
M.&m
Uae
Aly
U.S
M. Os
Cara, Chem Tsu Wort
Mrr
Wilson Co
Chicago Stock Market
Money and Exchange
Cuilderss
Ephles
Tate
Rhez Penwnd
Bot
Iemand
S Navy
Monlinga
Branca
Memind
Gegsinn
Lemand
Cables
Orleana
He East
Feoight
TiSe
Angel Fy Historieas
Galveston
Fl Nerte
Montana
J. W. Vandyke
New Ance
Haver
Elliott
Gharleston
Port Arthur
Jacksonville
Providence
Gulf Land
Beverly
Lake Sinvl
Sabine
Mhuredays Gulf Tigi
Hintteras
Rosemary
Toanpico
Port
Rots
Progresa
Cartago Bocas del 'Oro
Dandie
Fisher
Mronter
Mavre
Mamuy
New Yark
Montoso
Porto Hicos
Od. Reilly
Pinpiee
Rochellon
Teta
Jaanaien
Wigston
Toaunta
Genoa
Agua
Steel Trader
Mobite
Ranarse City
Rangaty
Kansans City
Chicago Stock Exchange
Clase
Ab.r. & Co
Godchaux
Mitchell Lindsay Light Motors
Mont
Ward
Nat
Leather
Pick & Co
Quaker Oats
Ug Ren Motor
el Root & van
Stewart Warner
RM TM Awitt & Cn
Tangy
BT. Louis Livestock
Kansas City Livestock
Lewis
May T
Poultey
Hudspeth
Henry T. Phelps
San Antonio
Elliott & Hayes Central Rags
Liberty Bonds
Riksing
Rosse Well
Chicago Grain and Provisions
Rana
Ash Graln
ST. Louis
May
Chienga
Dendy
Rena Age
Doktor
Rin Mo
Fey
thSors
Cosme
Betnahe
Wimer-Richardson & Company Concorporated Investment Bankers Central Trust
Thrift
THE
SAN Antonio Loan & Trust CO
Commerce Street
Southern Steel Company
San Antonio, Tex
Phone Mission
Presa
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