Profit-Taking Drives Irregular Wall Street Trading
The New York market opened with mixed, irregular activity as traders priced in a looming presidential message and antitrust debate. Profit taking followed sharp gains, with Reading stock leading early strength before fading. fears over labor costs and higher living expenses weighed on sentiment.
Wall Street Gossip on Market Activity and Labor Demands
The New York market opened active with Saturday’s gains held but volume eased as traders booked profits. Investors watched the President’s message and labor demands, especially railroad wage increases, affecting confidence. Strength in the London market contrasted with cautious U.S. tone as railroad stocks faced mixed prospects and rumors of dividend resumption faded. Northwest grain movement slowed by switchmen’s strike while funds moved within the region, with South American shipments offsetting sterling pressure.
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Rock Island
Fok Talaud
Brooklen
Tomars Whlen
Brooklyn
London
South America
Funda
Wall Street
Paris
New York
Washington Post
Northwest
Ords
Congress
San Francisco
Hankg
Sterling Exchange
Bank president vacancy looms as annual vote nears in January
Washington report notes American National Bank has not chosen a successor to R.H. Lynn amid directors' conference. Senator Stephen E. Eukins previously asked to act as president pro tempore but declined. Interim management by W.T. Garther and Colin H. Livingstone to continue until the January election.
MENTIONED IN THIS ARTICLE
RH Lynn
American National Bank
Stephen E. Eukins
W. T. Garther
Colin H. Livingstone
Wikius Lad
Bir
Lynn
Washington
Virginia
Ufs
Aurea
H. A. Willard
American Security and Trust Company
National Savings and ‘Trust Company
Washington Stock Exchange Quotations Impaired by OCR
Quotations from the Washington Stock Exchange show mixed figures for various railways electric utilities and banks with irregular OCR text. Entries include Capital Traction Potomac Electric and Washington Railway and Electric common plus gas and other listings.
MENTIONED IN THIS ARTICLE
Thamse le Hume
Washgioo
Etoch Exchange
Washington
I Capital Traction 3A
Ailway
Bienta
Potomat
ION
Washington Railway
Electric Common
Washington Halfway Pad
Bahia
I. Puublie Otwciy
Sles Baevind Bane
Siti
New York Cotton Market Moves Steady Despite Opening Rally
The New York cotton market opened with a modest advance of about 3 1/2 points, then held steady with most futures up 4 to 6 points near the close. Reports of improved demand, short crop concerns, and tentative outside buying supported prices, while local professionals awaited government crop data expected Wednesday.
MENTIONED IN THIS ARTICLE
New York
Der
Boetheas
Cidvomert
Tiverpool
Alexandrie
Es Natt
Grain and Wheat Market Report From Argentina S News
fragmentary wire notes indicate wheat and corn pricing movements in Chicago with erratic signals from Argentina amid weather fears and ongoing harvests. market reactions show uncertainty as traders weigh crop conditions in the southern republic against domestic supply and demand dynamics.
MENTIONED IN THIS ARTICLE
Chicago
Det
Argentina
Erller
Seal
Ean
Achat Hind
Woulder
Tala
Market and metal exchange notes with varied quotes
Fragmented text reports metal prices and exchanges with mentions of London and New York closes, spot copper quotes, and references to December to April trading months. Several garbled names and figures appear, with phrases about at times and markets, lacking coherent structure.
MENTIONED IN THIS ARTICLE
Washington Btock Exchange
Potomat Electric Power Company Construction
Washington Gay
Capitol Traction
Bopier' An
Lal Cogper
London
SL Tay East St
Mafia
Bigbers
New York Money Market Rates and Rates On Call
New York money market reports show on call money at 4 to 5 percent with closing bids around 5 percent. Short term commercial paper yields and mercantile paper rates are noted with sixty to ninety day terms and various percentages. government and exchange activity appears steady amid tanker shipments and bond listings.
MENTIONED IN THIS ARTICLE
New York
Tec
Timm Johnson
Sxebenge
Act Sater
Pilin
Eixty-Dey
Pteady
Fegil
Ton Touds Sr
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