Market steadier despite reaction and government withdrawals
The Washington Post notes the market held steady amid mixed signals as reluctance to part with gold and expected government withdrawals tempered gains. Analysts point to demand from professionals and steady buying by some sectors, while trepidation about future policy actions lingers.
New York and Boston Markets Show Cautious Upswing and Quiet Cables
Fractional dips early on the New York Stock Exchange in industrials and oils recovered within the first hour with irregular trends later. Aetna Explosives hit a new movement high around 11 while White One rose on news of initial oil from Well Newton Payne County Oklahoma. National Oil held gains above 7 as Merril Oats and Simms Petretsuin faced profit taking. Oil notes and other shares remained quiet with firms in some issues and bonds steady. Cotton futures rallied late with July and August approaching highs as bearish new crop reports failed to curb active covering and close near the day’s best.
MENTIONED IN THIS ARTICLE
Neprun
Aetna
Noton
Lignett
Iruantanamo
New York
W B Hibbs & Co
Borne-Serymeer Co
Buckeye
Allied
Chesebrough Mfg
Amer N Candy
Continental Oil
Atlanti Petroleum
Crescent
Lins
Belcher Bixtens An. Cumberland
Big Ledge
Oh Va
Eureka
Boone Mil. & He ES Galenag. Oil Co
Prairie Oil & Gas
Lightet Trafrie Pipe Line Co
Cities Service
New
A Solar Refining Co
New Orleans
Magma Copper
Galveston
Aiba Oil
Mabile
Savannah
Marland
Charleston
Mason Valley
Wilmington
Tesna City
Metropolitan Petroleum
Norfolk
Midwest Oil Coun
Baltimore
Midwest
Teston
Midwest Refining
Motherlode
Philadelphia
Nevada Ophir
New Cornelia
Iile
Nipissing Mines Co
North Amer
Northwestern
Pennck Oil Ae Sie Perfection
Creek
Lonia
pulpa_com
Atlanta
King of Arizona
Little Rock
Montgomery
Nai Submarine Corporation
Superior Ait
Houston
Memphis
Swift International
United Eastern. Com
Light & Heat
Bideahs United Profit Sharing
Steamship United Retail Candy
Warren Bros
Wayland Oil
Wayne Coal
West End Consolidated
White
Wright-Martin Aero
Chicago
Armour Leather Com
Armour Leather
Ondany Packing
Libby Ae
National Leather
Swift
Arbirle
Auglo-Amvil Co
Trade in foreign loans drives market activity in July
In New York July 14 traders shifted toward foreign loan issues led by Switzerland 25 million per cent bonds and Belgium 7 3 5 bonds to new highs as Japanese and Anglo French issues showed uneven demand. Railroad and industrial bonds fluctuated with mixed prices whileHudson and Manhattan suspend local fare increases until September 1 amid ongoing railcar order extensions.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Bend
Liberty and Victory
Switzerland
Kingdom of Belgium
Chicago
Northwestern
Wew Haven
Pennsylvania Railroad
Chicago, Rock Island, and Pacific
Lake Shore
Oregon
General Electric
Lackawanna Steel
Enterborough Is
Hudson and Manhattan Railroad Company
City of
Manhattan
Jersey City
Hoboken
Iron Age
Iron and Steel
Interstate Commerce Commission
Financial Markets Report and Corporate Notices
Banking of furnaces and firm pig iron prices rise for steel making grades. Government plans to draw $11 million from Federal Reserve depositories with similar Tuesday withdrawals. Certificates of indebtedness will be paid tomorrow and deposited in banks. S. S. Kresge offers 7 percent serial gala notes to shareholders of record July 20, rights expiring August 5. F. W. Woolworth declares a $2 quarterly dividend payable September 10 to stock record August 10, first cash dividend on new $15 million stock from recent 30 percent stock split.
MENTIONED IN THIS ARTICLE
Federal Reserve District
S. 3. Kresge Company
F. W. Woolworth Company
Also Mentioned on This Page
Lust
Emma
Ertage
Teutariy
Gelis
Cmarrow
Abe
Uae
Trowbie
Pete
Merrow
Lee
Terese
Kobe
Brange Paopiess Div
Yesterda
NEW York Stock Exchange
Chicago Grain
Ily
Iluty
Boston
Arizona
Wal
al Herta Carson Dee Copper Range
Davine
Nipos
North Butte
Ehev
Naat Juak
Laland Oil
Is Eerdes
Adams Expres Ady Rumnel
Yel
City South
St A
City Sp
Alaska
le Big Bay
Kelly Spr
Tire
Alaska Juneau
Kelsey Wheel
Am Agr
Cop
Bosch
Agr
Lacka. Steel
Lee Tire
Car & PE
Lehigh Valley
iLige
Loew's
H. & Leath
Inc
Lorillard, P
Maxwell
St. O
Miami
Middle States
Midvale Stee
Ad Ata Hip. &Cor
St. L. New
Tellani Am Smelting
S. M
Mo. Pacific
Paecific Pf. Anilin
Zon
Si Aira
Ran Am Tey & Teles
Nat Biscuit Co. Pri
Lh - IndiNa Cloak & Su
Tob
RE Ly
Nevada Conseliyi
Lay Hi Am
N. Y. Gentral
le. Wr
N.H
North American
Ann Arbor
Northern Pacific
Santa Fe
Nova Scotia
Atchison Pe
Ohio
Blow
Okla
Gulf & W
Phillip’s
Baldwin
Vaig
Baldwin T
Oco
Pan-Amier
Baltimore & Ohio
Parrish & LB
Ing
Alten & Ohio
Pennsylvania
Barrett Co
Penn
Leah
Steel
People’s Gas
Beth, Steel
Pere Marquette
Bile
Beth Steel
Ant Philadelphia Co
Pierce- Arrow
Booth Pisherig
Brooklyn Rr
Pierce Oil
St. L
Brounswick
Bittapureh
Futte & Supwey O Aery
Pittsburgh
Pitts & Wes
Pacinis
Central Teath Fils
Remington
Central
Anda
Cerro de
Republic Steel
Chandler Motor
Republic Motor Tr
San Ches, & Ohio
Royal
Southwa
L. Southwa
Delye
Chicago & Who
Saxon Motor
Pt Aes Ag
Seaboard Air Line
Seaboard Air
Sil
Sears- Roebuck Ge
P. Pf
Prac
Shell Trad. & Tran
Sheffield
South Pac
Ry Pft
Columbia Cas
N. J. Pf. Og
Eno Ee Ieee i
Centia TN
Stromberg
Studebaker
Texas Coal & Oi
BSI
Cosden & Co 3A
Transcon Oils
de Beers
Siim oTwin
del & Hudsoen
Union Bag & P Ga
Union
Union Pacfic
Denver & Sq
Denver & Rape
Inion Pacific Pf & Tyome
United Alloy
United Ry
St. Gi
S. Ind
Alco
Tad Gen Motors
Stee
Goodrich
Utah
Agit Goodrick
Sty & RY
Me (Inc. Bie
RTE
Davis
Aro. Chemical
Maryland
Western Pacific
Western Union Tel
ROY Bove
We Tinghouse Ag
Ar Inter
Harve Ter
Marine
Mere Mar
Wilson
Taber
Wil va-Overland
Willys-Overland
BAR
Fiat
Japan
America
United States
Washington
Swartzell, Rheem & Hensey Co
Fifteenth Street
Washington, D. C
Foreign Exchange
Dupont National Bank
Dupont Circle
Conn. Ave
Munsey Trust Company
Munsey
Penna. Ave
13Th
14Th Sts
Armour and Company
Wosses
Halsey, Stuart & CO. Incorporated
N. W. Halsey & Co
ST. Louis
Minneapolis
Milwaukee
Colorado
Franklin
Advance Oil Co
Lawrence Petroleum
Plymouth Petroleum
Pacific Oil and
Rlcs
Mid-American Colonial Oil & R. Co
Ama Algamatea Silver
McMberry Mfg
Riemer & Co
Washington, D
Seamans Oil
BR. BE
Seamans of
R. E. Seamans Com
Harvey
Texas United
Buck & CO
D. Buck
R. Buck
Evans Bldg
United
Ea Ae
Safety First Trust
D. C
Shannon & Luchs
14Th St. NW
Realtors
Jones and Drain
Investment Securities
15Th St. N.W
Wm. S. Phillips Investments
New York Ave
Cwe
F Street Bank
W. T. Gallihner
CH. Livingstone
Will. Harselby
W. J. Adae
J. OW. Williams
S. L. Mitchell
H. H. Shackleford
Dik
Lester A. Barr
Www
F. Brenizer
A. L. Clarke
T. Crowley
T. C. Businese
Ford
G. Gullither
W. T. Galliher
Ino.r. Galloway
Isaac Gans
Fred 8
Gichner
L. W. Groomes James EB. Hender
D. M. Handley B, Leonard
Tors, I. B. Linton Co
H. Livingstone
E. A. Livingston
J. A. Maedel
A.M, Rick William Selby
Jas
F. Shea
Thos. Somerville Warner Sta‘ler
C. E. Walker
J. Waller Byron Wallerstein
I. C. Weedon J W. Wiliams
Louis C. Wilson
American National Bank
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