Sumatra leads as market opens amid broad weakness
The New York market opened on July 22 with a sharp pullback across steels, copper, ships and chemicals. Sumatra led declines while leaders like Kennecott and other major producers faced continued pressure amid weak trading and cautious investor sentiment.
New York Stock Market Report Highlights Streaks and Records
Hourly sales show 386 400 total with 479 800 week ago and 493 500 a year ago. American Sumatra common trades near 11 a share and three times the dividend. Worthington Pump hits a new record high amid market strength. Central Leather soft despite favorable long term outlook. American Ice strong while preferred lags. Weathers and Wabash active in low priced ras. Missouri and Rock Island rails see activity but limited gains.
MENTIONED IN THIS ARTICLE
Worthington
Hiock Island
Missowary Common
SULLY
Brocka
Rumley
Malone
Mer
Nick Pees
Alecia Juneau
Kan
South
Amis Chalmers
Kelly Sp. Tire
Allis Chalmers Pf
Kennecott
Agr. Chem
Stee
Tire
Car & Fdy
Miami
Sea Ag L
Midvale
Ato. Pac
Acme Ao
Paeetee Ee
Smelter
Nat
Conduit Weeis
Pt Lilnos
Nat. En
Stp
Weestesee
Ara. Steel Fdrys
Lead Aes
Nevada Copper
Sumatra - Rao
Toomn. Y
Faa
Norf. & West
Nor. Ac
Toolain
Ohio
Citlea Gas
Atchison
Pacific Mailene
Gult & W
Pss
Pennsylvania
Pere Marquette
Pierce-Arrow
Barrett
Pierce- Ar
Batopilas
Pittas
Pittsburgh Coal - al
Beth Steel
Ry Coal
Booth Fisheries
Pub Service .Corp
Brook Rap Tran Re Et
Ry Steel
Ratte C & ZA
Brunswick
Arizona
Seaboard Air ‘Pe
Pasco
Sinclair
Chandler Motor
Southern Pac
Cher
Scouthern
Southern
MM & St
Or & St P
Studebaker Rire ArtTo& Pp
Texas Co
Third Ave
China
Union Pacific Steel
United Ao
Ndereiade O
Reino Continental Insu
United Drug
United Fruit
United Ry
ANGI
Ind Alco
Ra Hee
Domeines
Wabash
Wabash F
West
Maryland
aStal
Western Union
Wastinghouse
Haghell Barker
White Motor
Willys
W B Hibbs & Co
New York
American Tel. Tel
Bag Armour & Co
Atlantic Petroleum
al Barnett
Atlantic Oast
Baltimore & Ohio
Bethlehem Steel
Boston & Montana
Brooklyn Transit
Caledonia Mining
Ga. Oon
Calume & Jerome
Toy
Central Leather
iCanada Copper
Central Pacific
Carbon Steel
Chesapeake & Ohio
Car Light & Power
Chicago
Joint Dal
Mil & Bt
Chic
Chicago & Northwagen
Cole. & Southern
Clities Service of
Denver & Rio G
Consolidated Arizona
Diatilers Securities Ba
Can. Ba
Co. Cog En Co
Erican
Cramps Ae
General Electric Oe
Steee Cresson Gol
Great Northern Ist
Illinois Central
Curtivus Aelia
Intarborous Rap
Davis Daly
Denheigh
City Southern
Taggett & Myera
Fmerson
Louisville & Nash
Unds
Bae Emma Copper
Missouri
Kans
Guantanamo
Northern Pacific
International Petroleum
Republic
Lake Torpedo
Southern Railway
Ea Copper
Marin
Texas Compan Oy
Mason Valley É
Texas & Pact Cleta
Alaxiir
Union Pacific
Merritt
United Kingdom
Ao Metropolitan Petroleum
U. S. Rubber
Midwest Oil Com
U. 8
Steel
Midwest Oi
Bseae
Midwest Refining
Mitchell Motors
Ise
Nipissing Mines Ca
Bom
North Amer P_& P
Orthwastern Oi
Peerless Motors
Liberty
Ray Hercules
Red Warrior
A & Liberty
St Joseph Lead
Liberty 3d
Sapulpa Com i
Bu Wu Sl
Sequoyah Owl
Sinclair Gulf
Standard Motors
Submarine Corporation
Success
Tonopah Extension
Bar S Light & Heat
United Profit Sharing
Itr
S Steamship
Tnited Verde
United Western Oil
Aine
Victoria Old Wayiind
West End Consolidated
Wiright-Martin Aero
Angio-Am Qi] Co. New
Atlantic Refining Co
Borne-Scrymsh Co
Buckeye
Cheseborough Mig Co
Colonial Oil Co
Continental
Crescent Fine Line
Cumberland
Eureka
Galena-Sig Oil Co
Galena-Sig Ol Co Ptd Ab
Hlinsia
E Line
Indiana
Natit Transit Co
New York Transp Co
North Pipe Line Co
Pierce Gil Corporation
Prairie Oi & Gay Co
Prairie Pipe Line
Solar Refining Co
South Pipe Line
South Fenial Co
California
St On Co
Kansas
Kentucky
Bt. Oil Co
Nebraska
New Jersey
T Oil Co
Wan & Finch Co
Curb Market Review on Broad Street Stocks July 2
Trading on Broad Street curb mixed with professionals selling to push prices down. Reports cite Okmulgee and Oro Coppes as active, while new issues for short maturities attract demand. explosives and marine items show modest turnover amid overall cautious activity.
MENTIONED IN THIS ARTICLE
New York
Broad Street
Flotani
Wiroder
Live Stock Markets Report From Chicago and Other Cities
Chicago market summaries show hogs 38 000 receipts with uneven demand. cattle receipts around 22 000 with steady to lower prices for various classes. calves and sheep and lambs noted with mixed movement and price levels. New York and Baltimore figures mirror mixed trend across cattle, hogs, and sheep with attention to steers, cows, veals, and lambs at varying prices and volumes.
MENTIONED IN THIS ARTICLE
Chicago
United States Bureau of Markets
Seles
Steandy
New York
Reetves
Baltimore
New York Bond Market and Money Rates Report
Metal exchange quotes show lead and spelter steady with London spot copper and tin firm. New York money market shows mercantile and commercial paper steady to easy with call money strong and short term rates near 6 percent.
MENTIONED IN THIS ARTICLE
New York
Metal Exchange
East St. Louis
London
Mercantile Paper
New York Grain Prices Steady on July Wheat Corn
New York on July 22 reports spot wheat steady at 2.35 for No 2 red on track to arrive. Corn also steady with fresh shelled No 2 yellow prices noted. Market notes mixed phrases from the grain desk and minor cost adjustments in the usual daily bulletin.
MENTIONED IN THIS ARTICLE
New York
Dale Snot
Andase Bey
Big Buying Power Held In Reserve In War Time Markets
New York reports dull bond prices with firm overall levels. Foreign bonds and French issues show strength while rails stay steady. Liberty bonds idle with irregular closes as money and credit markets hold firm. stock market opens strong then falters amid war outlook and anticipated grand offensive.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Hudson
Manhattan
Italian Exchange Institute
Austria
Spain
West Indies
London
Washington Exchange Shows Firm Utilities Bond Market
Trading on the Washington Stock Exchange reflected strength in public utilities stocks and bonds with modest turnout. Chesapeake and Potomac 5s traded near 98, Capital Traction at 89, and Mergenthaler around 112. Scrip and various utilities and railroad issues moved within tight ranges as buyers bid higher while offers stood firm.
MENTIONED IN THIS ARTICLE
Washington Stock Exchange
Chesapeake and Potomacs
Capital Traction
Mergenthaler
Chesapeake and Potomac Telephone
Washington Railway and Electric
Washington Gas
Mergenthaler Linotype
Jae Itz
Carl
Potomac Electric Power
Georgetown Gas
Washington _Gas fia
Col Gas & Btec
Col. Gas & Wl
Capital Traction Co
Metropolitan R R
Ry & Elce
Balto & An
PB. K
Pot Fl. Power
Potomac
Fower
Cc, & FP Telephone
Tel & Tel
Tal & Tal
T&t C
RAY
Col. Pa. Mfg. Fa
Mkt Co. Bs
Mkt Co. Sa
Ste & Safe
Steamboat
Riess Realty
Tages Realty
U & Realty Bs
Wee Turlic
Bak Boi Wash Ry & Blec
Wash Wy & Dl
Wo & W Steamboat
Columbia Gas Eile Am
Lanston
National Bank
Amerikan
Columbia
Farmers & Mechanice
Federal
Lincoln
Metropolita Riges
Amer Security & Trust
National Savings
Union Trust Company
Continental
Tsis
Mome Savings Bank
Commerce & Savings
JLEH
Washington Savings
E Security
Arlington
Corcoran
Firemen's Sg
National Union
Chapin-Backs Co
Col P. Mfg
Trans & &T Wee
Tis Security
Washington
UB Realty Co
New York Produce Prices and Juices Roughly Steady
New York July prices show butter at 4¢ extra, eggs and fresh gathered extras cited. State and nearby Pennsylvania hens and browns with varied ratings. poultry supplies unsettled with alive orders, fowls, roasters and turkeys listed. Sugar, coffee, and teas show steady to firm ranges across several grades and packaging.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Hennery
Santos
Brergse
Middle West
Oil Quotations From Oil Duly Pa July Report
Oil quotations from Oil Duly Pa dated July 22 show credit balances at four dollars, with runs totaling 433511 and an average of 3 878. Shipments reach 82 854 with an unspecified average. The fragment notes price and shipment figures in a concise market summary.
MENTIONED IN THIS ARTICLE
Boston
Amor Telephone
Peters Ariz Com
Boston & Mainer
Cal & Arizmer
Cal & Hecla
Go Con Range
Davis-Daly
Franklin
Lake Iny
NH &H
Old Dominion
Pond Creek
Shannon
Swift & Co
Utah
Ventura Oil
Baltimore Securities
Baltimore
Pea
Con Power
Con
Bee
Houston Oftc
Houston
Ctfa
United Rys
Elec. Co
Fenn
Wat and
Oil Stocks Offer Great Investment Opportunity
An analysis notes Standard Oil stocks as a solid buy for investors seeking price appreciation with prices currently below recent highs. Bond and gilt-edged securities trend supports this view as oil stock prices track the general market health despite volatility in broader equities.
Also Mentioned on This Page
Sumatra
U. S
New Haven
Averres
State Steel
Sacha
Shaw
Taurmer
Liz
White Cape
Cisur
Tar Ciise
Cisk
Curb Market Review
Httebis Fe
United States
New
NEW York Grain
ISAG
Whelan
United Cigar
South America
Pation
Local Stock Exchange
Wallabies
District of Columbia
Swartzell, Rheem & Hensey Co
Fifteenth Street
N. W
Union Savings Bank
Capital G &5
American Security and Trust Co
Pennsylvania Avenue
15Th Street
N.W
Charles J. Bell
Government Department
Metropolitan “Se Bank “Si
Treasury
Government Contract Information Bureau
Federal Bond Bureau
Southern Building
Washington, D. C
S. Hazen Bond
American Surety Company of
Broadway
Electric Bond & Share Company
Bonbright & Company
Carl Robertson Karta
Colorado Building
Philadelphia
Chicgo
Paris
Leach & Co
Post & Flagg
Hornblower & Weeks
Moorhead & Elmore
New York Stock Exchange
Stock Exchange
15Th St
Hartford Fire Insurance
Hartford Accident and Tedemasty Co
Humboldt Fire Insurance
Allan E. Walker & Co., Inc
Wish Weise
Colorado
Horace J. Phelps
Celestine Oil Co
Thomas L. Hume
St. Tel. M
National Savings & Trust Company Cor
15Th
N. Y. Ave
Pinty Rfcond Yfar
John L. Edwards & Co
Btock
Wee Btock
N.Y. Ave
Pove Main
Mutual Life Insurance Company of
Ize
Cone
aRhhivre