Wall Street Declines Deepens on Money Shortage and Readings
The session saw continued declines amid liquidity fears as call money spiked to 28 percent and banks renewed at 24 percent. St Paul and Reading led losses while Treasury relief efforts prompted cautious optimism, with some improvement later as money rates eased and investors awaited dividend news and currency shifts.
MENTIONED IN THIS ARTICLE
St. Paul
New York Central Company
Alluxt Hines
Secretary of Treasury
Treasury
Secretar
Dgh Financial
Romney
Chicago, Milwaukee and Staul Railroad Company
Jesse
Wall Street
Wall Street Gossip on Big Interests and Market Tactics
Special to The Washington Post outlines how large interests dominate NYSE activity. It notes forced liquidations, short selling, and bid to control prices amid tight money, with Standard Oil and Reading figures shaping sentiment and United States Steel dividend signals guiding investor confidence.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Dec
Rkock
New York Stock Exchange
Daniel Drew
Standard Oil Group
St. Paul
Thea
Standard Oil
Reading
Lsten
Ita
Hull
San Pedro Gold Mining Company
Ouray County
Colorado
San Juan Triangle
Virginius
Linion
Odmp
Bird
Revenue Virginius
Atlas
San Pedro
Aix
Virginius Company
Camp Bird
San Juan
New York Bond Market and Commodities Report
New York Bond Market roundup with prices from American Tobacco to Chesapeake and Ohio and various railroads. London tin copper and iron markets noted with local price strengths, and regional oil and credit figures from Toledo and Oklahoma City.
MENTIONED IN THIS ARTICLE
New York Dev
London
Standard Foundry
Cleveland
Foundry Northern
Foundry Southern
Toledo
Ohio
North Kime
Lima
Indiana
OM City
Stock Exchange Dull Session Sees Mergenthaler Dip
A quiet meeting of the Stock Exchange reports little activity with Mergenthaler shares slipping 11 2 points after opening around 1954 and closing near 1 1/2. Railways show marginal steadiness with Washington Railway and Electric common at 41 and preferred at .86. Security Storage declares its usual quarterly dividend, payable January 10, and Commercial National Bank announces a 3 percent semiannual dividend due January 2.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mergenthaler
Washington Railway and Electric Common
Commercial National Bank
Washington Stock Exchange bids and listings summary
The report lists bids and quotations across multiple sectors including railway and electric common, preferred, real estate, banking and trust, insurance, and miscellaneous stocks. Notable names include Washington Railway and Electric, Capital Traction, Metropolitan Railroad, United States Electric Light, Chesapeake and Potomac Telephone, and several national and regional banks.
MENTIONED IN THIS ARTICLE
Washington Raltway and Electric Common
Washington Railway and Electric Preferred
Mergenthaler
Stock Exchange
Seggverament
Philippine Land Purchase
District of Columbia
Cie
Ges
Washington Gas Company
Balitca
Capital Traction
Metropolitan Railroad
Washington Railway and Electric da
United States Electric Light
Potomac Electric Light
Norfolk and Washington Steamboat Gun
Chesapeake and Potomac Telephone Se
Washington Market Company First
Wrebington Hallway and Electric Common
Norfolk and Washington Steamboat
lygitoPe
Mergentialor Linotype
Lanaton Monotype
Mining
Greene Copper
Mitchell Mining Company
National Bank
American
Central
National City
Columbia
Commercial
Farmers’ and Mechanics
Lincoln
Metropolitan
Riggs
Washington
Trust_company
Amperean Security and Trust
National Safe Deposit and Trust
Union Trust Company
Washington Loan and Trust
Union ‘Trust
Savings Bank
tooke—Home Savings Bank
Union Savings ‘Bank
Washington Savings Bank
Io Insurancs Atocke
Arlington
Grapho
Security Storage Company
Washington Market
Fidelity Stores Company
Washington Produce Market Prices and Trade Notes
The Washington market reports wholesale egg bids with varied regional quotes and steady demand. It lists creameries, butter, cheese, dressed poultry, and live poultry markets with detailed prices by grade and weight, plus fruit, vegetable, dried fruit, and grain quotes, noting steady or firm conditions and moderate arrivals across several regions and products.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Southwest Virginia
Tennessee
North Carolina
New York
Bate
Cholee
York Imperial
Ber Davis
Groening
Florida
Bankcot
Ohio
Also Mentioned on This Page
Arket
Shawn
Washington Est
Union Pacific
Southern Pacific
Wellers
Northren Pacific
Great Northern
Amalgamated
Inclaware and
Hudson
Thair
Mainesa
England
United States Steel Common
United States
NEW York Stock Market
Adams Express
Kansas Ciy Southern
Amalgamated Copper
Kansan City
Prd
Amer. Gar and Foundry
Louisville
Nashville
Minneapolis
St. P
Ste
Missouri
Kann
T. Pri
Natl A. R. of
New York Central
Amer
Ontario
Smelt and Reg
McNorfolk and Western
Norfolk and Western
Tobseca
Anaconds Mining Co
Babyy
Northern Pacific
Atchison
Pacific Mail
Atchison Pta
Pennsylvania
Atlantic Coast Line
Peaple
Baltimore and Ohio
Pitaburg
D. C
Btl
Brooklyn Rapid Transit
Central of NJ
Chesapeake and Io
Chicago
Ant
Wis
Chic
Hock Istead Co
Role
G, C
Stoss, Sheff, Steel
Olorado
Jst. L
San F. A
Florada
Southern
Louis Southwestern
Louis Southwata
Bim
Boy
Consolidated Gas
Southern Railway
Con
Tennegsee
Cera
Texas and Pacific
Delaware and Hudson
Taleda
St. TZ
W. Pia
Delaware
Lack
Souitol
St L
Denver
Alo Grande
Ati
Talen Pacific
Rio G
Waited States Express
United State Realty
Erie Tnt
United States Rubber
United States Rubber Pf
Hlnetra Stas
Met
App
International Paper
Wells Fargo Express
Westinghouse Electric
Western Union
Wheeling and Leke Erle
Iowa Central
Wisconsin Central
Eowa Central Otter
Chapman & Co
G. B. Chipman
New York Stock J Exchange
American Tobacco
Atchison General
Wallimore
Hacklyn
Georgia
Central of Georgia
Central of
Chesapeake and Ohio
TMT
Chicago and Alton
Harlington
Qiiney
Rock Island Pacific
Rock Island
Pacife
R. R. Coh
Ooc
OC & St Louis General
Colorado Industrial
Olorado Midland
Southern Am
jCuba
Hio Grande
Distillerst Securities
Este Prior
Este General Ds
Hocking Walter
Sivoceee
Boston
Albany
Maine
Japan
Fitchburg Pr
Ise Japan
Cnruscates
New Haven
Ty American Arges
Chemical Pf
Nashville Unified
Manhattan
Consol
St Louis
Kansas
Texas
Dominion Iron and Steel
Railcnat Railroad
Balson
Bectric Titum
New York Central General
New Jersey Central General
Massachusetts Electric
Northern Paci
Massachusetts
Sorthern Factre
North Butte
Shnehans
St. Louis
Iron
San Francisco
Sc Louis Southwestern Con
Sheenan
Seaboard Air Line
Atte Southern Pacific
Na Bid
Southern Facific
Southern Railway &8
Texas and Pacifc
Tinton Pacific
States Steel
Gosteme
Aes Wreatero
Maryland
Geri
Wheeling
Lake Eris
Metal Market
Treasury Report
American Canning
British Columbia Copper
Butte Coalition
Cumberland Ely
Chicago Subway
Granbr
Great North Rts
International Saliees
International Mercarine
International Merchant Marine
Mackay Company
Plas Eis Oy Mitchell St
Nevada Consol
North Pacific Vts
Kinissing Mines
Jay
United Conper
Washington Hy
Local Financial
Fenancial
American National Bank
Jester A. Barr
I. H. Cranford
Har. A. Douglas
2. C. Dulin
Stephen B. Elkins
N. T. Galliaer
Obert N. Harper
James B. Henderson
J. Hendrick
Whit Herron
Miller Kentox Clair Lee
Rwin B. Linton
H. Livingstone
Minor
WM. H. Baunders
Jas. F. Shea
Geo. E
F St
Robert N. Harper
W. H. Saunders
Colin H Livingstone
Washington Stock Exchange
Washington Produce Market
F. C
Baltimore
Argu
Liverpool
Equitable Co-Operative Building Association
Equitable Building
Fst
John Joy Rdsos
Elis Spear
Geo. W. Cantlear
Frank P. Recalde
John Joy Edson, Jr
Bred’k B. Pyle, Geo. W. Fisher, Joh Barnard,f. B. Turin
A. Hamilton
A. M. Lothrop
Geo
ZH Harries
F. V. Coville
SAN
Pedro
Catlin & Powell CO
New York City
Maryland Building
H Street N. W
Washington, D. C
Philadelphia
Seventh Street
Merchants & Mechanics’ Savings Bank
National Safe Deposit, Savings & Trust Co
Cor
15Th St
New York Ave
Henry Clews & CO
4Th Street
4. W
AGNEW
Continental (Fire) Insurance ‘Co
San Fra
San Francis
A. Marvin & Co
Mbers
B. Hibbs
Thos. S. Hume
W. B. Hibbs & CO
Res York Stock Exchange
Igig
Chleaze
12Th and
Sts. N. W
F. H. Smith Co
Q. Smith
L. D. Latimer
C. F. Nesbit
N. W
Washington Loan & Trust Co
Offich Cor
Valpeye Fats
John Joy
Wison
John A. Swoph
Ellis Spear
Andrew Farrer
Harry G. Meem
Boyd Taylor
Alware
Campbell-Hudson Co
Dargent Divine
Aatety
Gold Divide Mining, Milling, and Tunnel Company
N. C. Upham
H Street
Northwest Mines
Montezuma
Colo
Main
Swartzell, Rheem & Hensey Co
Warner Beilding
I F Street Northwest
Napoleon
Arthur Cowsill
Colorado Building
Washington Exchange Bank
Gourtzenth
Principe
American Express Co
Traders National Bank
Fisk @ ROBINSON
Cedar Street
State Street
U.S. Treasury
Union Savings Bank
Fourteenth St
E.R. Chapman
Broadway
Jenkins & CO
F Street
Cella Commission Co
Missouri Corporation
E. P. Hickey
Bickey & Blumenbers
14Th St. N. W
H. J. Spuhler, Incorporated
Telephone
Chesley & Spence
Lewis & Co
Francis R. Dooley & Co
le Droit
M. Tioit
Medelay
Heiskell & McLeran
Washington Gaslight CS
Tenth ST. N.W
Keeley Institute
Capitol Street
Iets Eine 4