Markets Slip as Sterling Dims and Stocks Lag
The Washington Post reports stocks failing to respond to late news, with sterling dropping to its lowest in weeks and the franc under pressure. Rail shares and railroad stocks show mixed moves while certain oil issues and financials hold with modest gains in selected issues.
New York Stock Exchange Fades as Mixed Trading Tide
Markets drifted with little feature activity as absorptive moves for property by Delaware Shell Trading and Transport affected some stocks. Industrials were quiet, Aetna Explosives traded modestly, Guantanamo Sugar rose, and National Bank rights held strength. Oil quoters and Boston closing bids reflected a subdued heat of the day with scattered gains and losses.
MENTIONED IN THIS ARTICLE
Mon Os
Delaware
Shell Tradine
Ryan Consolidated
Ite
Hercules
Aetna
Guantanamo
United Hetais
Nationalty Bank
United States
Bonds Generally Are Featureless In Active Trading
A July 23 market summary notes a moderately active Liberty and Victory bond trade with prices easing about 1 to 85 cents across issues. Rails show mixed prices, with no expected major shifts until freight rate actions. Industrials and transfers were dull. Russian currency weak, Belgian and Swiss issues steady, and corporate reports show Barnett Weather earnings and Chandler Motor Company dividends.
MENTIONED IN THIS ARTICLE
Chandler Motor Co
Speen
Washington West
New York
Liberty
Victory
General News
South Manchurian
Japan
United States
Virginia &S and
Brown Bros
Barnett Weather Company Inc
Maintenance
Chicago Grain Market Faces Bearish Crop Estimates
July grain session saw losses as bearish crop estimates weighed on values. Wheat closed heavily down, corn and oats marginally lower, while provisions varied. Cash grain quotes, dairy and poultry movements, and commodity futures reflected general weakness across the board.
MENTIONED IN THIS ARTICLE
Chago
Local Stock Exchange Trading in Washington Railway and Electra
Trading on the local stock exchange saw Washington Railway and Electra preferred stock advance to 48, with three shares at 46, 10 at 47, and 168 at 48, yielding a net gain of 3 points. Capital Traction and Union Savings Bank shares changed hands, while bonds including Potomac Piecer and Wests Railway and Alcette 4s traded. market activity showed fair demand and mixed moves across multiple issues.
MENTIONED IN THIS ARTICLE
Spc Sal
Washington Post New York
Stock Exchange
General Asphalt
Midwest
Simms
Carib
International Petroleum
Central Petroleum
Washington Railway
Electra
Local Stock Exchange
Bonnta
Capital Traction
Union Savings Hank
Potomac
Wests Railway
Alcette
Columba
SEEGG
AL Ste
Washington Ratlway
Washington
Rilway & J Leetry
Jararyin
Capital ‘Traction Ra
Riges Realty Clong
Tiges Realty
American Tel & Teleeace Capital Tract
Washiz
GaAs
Pfa National Banks
Amerwan
Kates & Mechanics O Federal
Liberty
Neom
Ze Trust Companies
Am S
Many & Ft
Ius Nut
IO A
Il Bi P Wash Loan & Trust
Commerce & Savings
Washington Pays
Merchants Bank
Ser Hat & Commercal
Seventh Street Savings
You Union Savings
Savings Bank Wash Mechanics
FIRE
Arlington
Corcoran
Bremen S
Fkational Union
Till Insurance
Olumba
DC Paper Mig Co
Lanston Monotype Merchants
Fr & Steven Mergentaler Syneryn
Pia
Blat & Sale
PLAN TO FIGHT BOND TAX PLAN IN COURTS
War era finance rows loom as banks challenge Liberty bond and Treasury notes tax provisions under the War Loan Act. Local assessors face protests, urging courts to decide the legality of taxing interest and deposits. The dispute centers on whether the federal government can tax government securities and related interest.
MENTIONED IN THIS ARTICLE
Board of Per- Sond Tax Assecsars
Treasury
M WoRar
Metal market brief shows unchanged spot and futures
The market reports steady prices across copper tin and zinc with both spot and futures holding. London copper sits at 41 pounds 7 shillings 6 pence per ton while futures trade near 93 pounds 7 shillings. Tin and zinc show small steady shifts with limited movement in July and August contracts.
MENTIONED IN THIS ARTICLE
St Louis
Tondon
New York Grain Spot Prices Report
Spot prices for wheat and corn mixed as of July 23 in New York markets. No 2 red and white wheats shown with values around 94 and 298 cents per bushel for spot and freight terms. No 2 mined durum appears cited. corn No 2 white also listed with current price.
MENTIONED IN THIS ARTICLE
Laluimare oTair
Maryland
Pennsylvania
New York
Pennalvania
Hennery
Middle West
Santos
Liggn
Nearuy du
Ciudesi
Florida
Virginia
Hale
Texas
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Baldwin
Sterling
Washaton
Thia Marine
Isard
Ats Tract 13
de Devine
de Lne
Nm mm
Reley
Beadi
Steel
Calley
Sterling Naturalis
Reading
Curb Market Review
NEW York Stock Exchange
OW City
Aoto
Boston
Washington Post
Arizona
Cal
Carson Copper Range
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Isie Royale
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NH &H
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North Butte
Seneca
St Mary's
Adams Express
Hans City South
Alaska Juneau
Allis-Chalmers
Keystone
Bate
Acka Steel
Ake Bie & W
Am Us
Lehigh ‘Alles Aw
Sao Am
Inc
Lola
Car & Fay
Louis & Kash
Cotton Gil Pt
Il Mackay
Am & Leath
Martin Pairy
le H & Leath Pr
Internat
Miami
Middle States
Midvale Steel
Kans & Tex
Facttic Bory Ab
Pacific
Ward Steel
Nat
Cond & & al
Sumatra
Nat Enam & St
Finn & Lad
Newfols & Western
Okla Pr & He
Ontario
AT & Santa Fe
ROT
Coast Line
Pacific der Co
Gulf & W
Beth Steel
Ward
Bere Marquette Za
Pooth Bisheries
Pere
Philadelphia
Ra Bay
Phillip Tones
Pierce-Arrow
Butler Ck
Pittsbureh
Pitts & A
Pond Creek
aCig Ley
Aim Lad Central Teath
Central of
Railway Steel Sp
Cerro de Pasco
Chandler Motor
Ches & Ohio
Remington
West Bay
Republic Steel
Ag Em
Chicago & Wn
Bas
Royal Dutch NY
Lew Linge
M & St P
Santa Cecile
ME & St_P
RI & Pac
Ri&p
BAC Re
Tl&p
Seaboard Air
Sears Koebuclau
Shell
Consul Textile
Sheffield
South Rail
Tame
Trible Steel
Pt Qar
Osden
Rubh Stewart Warn
del & Hudson
Stromberg
Stile Baker
Denver & R
Superior Steel Op AB
Denver & KR
Ugay Si
Teras Coal & Ol
Texas & Fiants
Erie
T & Ww
de Nion Pacific
Wren Motors
Linson Pacific
I Gen Motors
Ry Ting Roe
United Fiet
Goodrith
Cray & Pavrt
U & Ind
Atco
Beatty
Hartman Corp
Tous Steel
Fast & Tather
TT Steel
Hender
Utah
Cara
Tadiahoma
Western Union
Westinghouse
White Motors
Aod
Wilson Ia
Willys Overland
Tod
Ag Nat
Buus
WB Hibbs & Co
Crescent
Atlantic Petoteam
Vhnois
Tee Tao
Belcher Divide
Jaidiana
Belcher
Asot National
Cate
South Penn
T Co
Carib Prading
Lt Ou
Lacht & Power
St Ou Lo
California
New
Indiana
Thut Bis
Wwey O% Co
Kansas
Bo St Ou
Chenturky
St Om
Nebraska
Colonia
Aa Suan & Taneh
Chesapeake & Chin O
B & Quincy
Chicago
Hibbs & Co
Chicago & Southwestern
Col Trust
Tiowe Sound
Leringshire Copper
Beilin
Cly of
Paris
Larcontinental
Florida & Southern
Denver & Rio Grande Consel
Ternmiit
Petroleum
Gal Chemnitz
Dominion Afanida
Terome Verde
Coblenz
Briegen
Lake
Lorpedo
Cologne
General I Lectrie
Tone Star
Danzig
Great Sorthern
Svingstion Petroleum i
Darmstadt
da Baieret
Magma Copper
Tiliness Central
Acatho
Dresden
Interborough Road
Mer Variners Bay
Marland Refinery
Dusseldorf
Southern
Mason Valley
Tssen
Timeert & Myers
Merritt Od
THY Tranhfort
Tourgavne & Sashvaille UN
Metropolitan Petroleui Ry Tranhfort
Sourthan
Ossours Fac
Midwest Oil
Hamburg
Montana Power
Midwest Refinina
Hamburg Bas
New York Central
Aee
Norfolk & Western
Nevada Ophir “ Koenigsberg
Northern Pacific
Nipissing Vones
Leipzig
Oregon
Northwestern
Seaboard Air Line
Badiache
S Steel
Aeeuy
Virginia Car Chemicals
Tonopah
Wilson & Co Co
British Victory
Iaight & Heat Com Cay
Aight & Heat
United Profit
Sharme Ay
Lada
United Retail
Andy Lat
Warren Bros
Mayland Qi
West Lnd
Wright Marin Aero
Jaberty
Laberty
Armour Leather
Swaitt & Co
Union Carbide
Wahl Ve
Anglo-Am Oil Co
Borne-Scrymier .Co
Buckeye Pipe Line Co
Chesebroux
Mig Devs
Continental Oil Co
Chandler Motin
Gar Company
Jung
Valle
Jones Hrothers ‘En Company Inc
Agri
Sid Itoat
Arthur Gwynne
Gooc Exchange
Allan A.styan
Exchange
Bates Manufaturing Company
Regula Seim
Stor
Pta
Clowe
Montana Wether
Baltimore
Baltimore Securities
Ceary
Houston Oil
Fid & Guaranty
Balto City
Con Power
Wash Balto & A Ss
Chicago Grain
Demina
New York Exchange
Montreal
Icand
Port Move
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Charleston
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RIO Texas Ctr
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Newark
Minner
Orleans
Galveston
Stak
Houston
St Lome
Allanty
Montgomery
St Lon
Memphis
Malas
Sborts
Tvers
Carrer
Ao Trek
Oruttig Tower Western Creamery
Edsler Western
Washington Park
Parabhe
Carris
Theniel
Jane J
Jean Nati
Atharte
NEW York Grain
Washington DC
Swartzell, Rheem & Hensey Co
Fifteenth Street
Washington, D. C
Lawren E Petroleum Ca
Vy Mouth Petroleum
Taofe Oil and KR Co
Clnal Gil & R
Siler
Riemer & Co
Gatry
Imnigel
Leach & Go
Moorhead & Elmore
Washington Stock Exchange
H St
Ode Rid
Seamans
Harvey Crude
Texas United
Sign-Mar
Crystal Glass Casket
Tovcka
Buck & CO
Evans
Ralph W. Lee
National Savings & Trust Company
Cor. 15Th
N. Y. Ave
Washington Paper Stock Co
Southern Bidg
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