Steel shares under pressure as market opens weak
The US Steel issue slipped below 80 as industrials traded weak at the open. Oil and gas issues showed hedging pressure while rails held steadier bids ahead of wage-cut announcements. Foreign exchanges rallied from early lows as volume remained light and traders anticipated further dividend and price actions.
Curb Market Review on Resumption Shows Quiet Opening
Special to The Washington Post reports curb market trading resumed with weak demand and small losses. Morning activity was quiet with prices below last week’s close, while an afternoon tone improved slightly though still irregular. Oil shares were quiet with mixed changes as Standard Oil of Indiana and Summa Petroleum varied, and Lackawanna rights and Glen Alden Hall showed earlier gains of about 2 points.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Indiana
Summa Petroleum
Lackawanna Rights
Glen Alden Hal
New York Stock Exchange Reports Mixed Hourly Sales Totals
New York Stock Exchange hourly sales figures show 136 400 shares from 10 to 11, 77 149 600 from 11 to 12, with total sales 480 200 shares. Comparisons note 489 800 shares in the prior period. Dividends announced include California Packing at 1 percent and mentions Norfolk and W United States Industrial Alcohol.
MENTIONED IN THIS ARTICLE
California
Norfolk
United States Industrial Alcohol
United States
Stebl
Adams Express
Rumely
Paper
Ajax Rubber
Invincible Oil
Chipyewss
Alaska Golday
Island Oil
Allied Chemica
Agrath
Jewel Tea Inc
Allis-Chalmers MI
Jones Bros. Tea
Kans
City South
Kelly Spr
Tire
Kelsey
Kenn
Cop. Cor
Lake Erie & W
Lake Eric & Pe
Lee Tire
H. & Leath
Lehigh Valley Bay
HL & Leath
Loew's
GoesLoft Inc
Am. Internat
Am. Linseed
Louis & Nash
Aig
Arm Loco
Mkt
St. Any. Pr
Am. Safety
St. Ry
Manhattan
Maxwell-Cha
W. i. BE
Am. Steel Fay
Mexican Petro
Sugar
Miami Copper Co
Middle States
Midvale Steel
Mit
Pacific
Pacific Pf. Aly
Mont
Ward
Pape
Anaconda
Mexico
Bb & Santa Fe
Nevada Consol
N. x
Central A
Gulf & W. T
N.H
Adi Ie A
Austin Nichols
Norfolk & West
Chicle
Northern Pacific
Atl Tetralgelm
Okla
Baldwin Ldco
Orpheum
Y Bay
Balto, & Ohio
Galdwin Loco
Otis Steel
Barnesuall Pf
Owens Bott
Beth. Steel
Pacific Gas & Bloc
Booth Fisheries
Brooklyn TT
Pan-Amer
Pet
Brooklyn R. T. d
Butte Cap
Pennsylvania R. KR
Caddo
Penn. Seab. Steel
People’s Gas
Caliz
Calif
Pere Marquette
Canadian Pacific
Phillips Petroleum
Central Leath
Pierce-Arrow
Cerro de Pasco
Pierce Oil
Chandler Motor
Pittsburgh
Ches, & Ohio
Pittsburgh St
West
Pitta, & Wr
Chic. M
St. P
Pullman Co. Wai
Punta al
Cute
Ray Con. Copper, & P
Ize
RI & PL
Colo
Republic Fr. & St
Republic Motor Tr
Columbia Gas
Cole. & South
Royal Dutch N. Rg
Columbia
Ab. Rec Ag
Consul. Cigars
Lst. L. Southwn
Consol Gas
St. L
Sinclair Conso
Sloss-Sheffield
Crucible Steel
Por
Ric
Southern Pacific
Southern Raily
Oe Bay
Cuba
Southern Ry
Davison Chem, Co
del. & Hudson
Steel & Tube Pf
Denver & R. G. Va
Studebaker
Endicott
Superior Oil
Eric
Tenn
Copper & Ch
Texas. Co
Texas & Pacific
Sh Bo
Tex. Pac
Coal & O
Fish Tire
Union Oil
Union Pacific
United Alloy
United Drug
Gen. Motors
United Fruit
United Ret
Goodrich
T. F
U. S. Food
G. W
U. S. Ind. Alco
Bey
S. Realty
Guantanamo Sugar
Steel
WeGult M
Hupp Motors
Vivadou, Inc
Ales
Wabash Pi
Indiahoma
Wes Maryland
Inspira
Weat. Mary
Willys-Overland
Witlys-Overland
Nunnally Co
Comcity of
Paris
Can
Rapid Tran
Kan
Lehigh Val
U. Kk
G. B
U.K
Penn. R. R. Gen
Am. Tel
Tel. Eot
Penn
Tel. Col. Y
Penn. R
Armour & Co
Penn. R. R
BMG U
C. la
Reading
C. Is
Gell Tel. Pa
Sinclair Con. Ol
Ches, & QO
Pac
Chi & Nwn
Rwy
A C., Roe &Vr Oe
U. S
del & Hud Ts
den. R. G
U. Steel
Westinghouse FE
Goodyear T. & Bike Co
Wilson & Co
New York
Orlea
Galveston
HS Ae Ie
Savannah
Hed
Erteston
Whimington
Texas City
Baltimore
Boston
Philade
New_ Orleana
Mobile
Houston
Memphia
Augusta
St. Louis
Atlanta
Little Rock
Dallas
Montgomery
Memphis
Bond Sales on the Tuesday MA
Bond sales information reported from New York to Wasl details on Tuesday activity in Massachusetts markets. The brief item notes investors reacting to municipal and corporate offerings, with yields and order flow impacted by evolving interest rate expectations.
New York Exchange Closing Prices May 31 1921
Closing bids and early after hours shows mixed activity with American Chicle preferred and Aluminum weak while U S Distributing advances. Metals remain active with some steadiness though several issues narrow in scope. Carib Syndicate and Maracaibo trade, Radio issues steady, and select miners and industrials show varied results as markets close in Boston.
MENTIONED IN THIS ARTICLE
U. & Distributme
Boston
Monza
Knox Dide
National Tin
Bte
Intercontinental Rubber
United States Ship Corporation
Ik Basin
Maracaibo
Carib
International Petroleum
New York Money Market and Grain Report May 31
Money market notes include irregular 6% to 7% mercantile paper, various bills, and foreign exchange with quotes for francs, marks, pounds, and other currencies. Bond activity described as irregular rail bonds easy, time loans firm, call money around 7%. Also stock price ranges for Industrials and Railroads. Grain section shows wheat and corn spot and futures bids, with No. 2 red and mixed durum prices and near-term shipments.
MENTIONED IN THIS ARTICLE
New York
Frime Mercantile Paper
Greece
Sweden
Norway
Argentine
Brazilian
Montreal
Washington Post
Hightow
Hish
S-Sensee
s/c
New_York
I. Ff
Manitoba
New York Cotton Holds Steady Ahead of July Close
New York May 31 reports show bullish crop and acreage data failing to spark buying, leaving prices steady. July contracts moved between 12.86 and 13.00, closing at 12.92 to 13.00 range, with overall market easy and mixed. Cottonseed oil markets also listed with quotes for Crude and Summer yellows and futures bids.
MENTIONED IN THIS ARTICLE
New York
Also Mentioned on This Page
U U. S. Steel
Wiine
Texas Company
Iit
Cbme
Sterling
Wall Street
New Low
Betnnebaker
Orrh
Chalmers
Firator
Buick
General Motors Corporation
Fn United States Steel
U.S
Chicago, Rockland and Facile Railway
Sinclair Oil
Vykerce
Pacific Gilwan
Thealifornia
Cleveland
Chicago
United States Steel
Steel Corporation
Curb Market Review
NEW York Stock Exchange
NEW York Exchange
Kington Wire
Redmond & Co
Calumet & Arizona
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Davis
A Is v
Sw& A
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Morth Butte
Old Dominion
Swift & Co
Swift International
Pe—Werines
Msgov
Kinnaly
CO Investment Securities
Pearl St
Con Wall
Paart Strest
York Occidental Oil Gorp
United Auto Btores
Novo Petroleum
Metropolitan Theater
Virginia Plate
Pullchan
James J. Evans Blig
Louis Stephens & CO
Orgers
Stone Street
New ‘York City
REAL
Standard Oil
Liabili
Ralph W. Lee & Company
Colorado
Liberty Bonds
Liberty Bond Exchange
14Th St. N.W
Elwaimeyer Stment Securities
Broadway
E. I. du Pont
de Nemours and Co
Grane, Parris & Co. Investment Securities
Fifteenth Street
John L. Edwards & Co
H St. N.W
Washington Stock Exchange
Hornblower & Weeks
Harris, Winthrop & Co
Harriman & Co
Washington
Gno-up Business
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National Association of Real Estate Board
Washington Real Estate Board
Washington Real Estate
Equitable Cooperative Building Association
Equitable
American Security & Trust Company
15Th Street
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7Th Street
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S.W
Eighth
H Streets
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New York Stock Exchanges
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America
Tursuay Thurstay
Anderson, Brown& Co
Philadelphia
Swartzell, Rheem & Hensey Co
Washington, D. C
EG Sea
Deposito
Offic
William D. Hoover
Woodbury
Blair
Frank W. Stone
Frank Stetson
Chas. C. Lambborn
E. Percival Wilson Frank BR
Ullmer
Woodbury Blair
James A. Buchanan
Wiliam A, H Church
Walter C. Clephane
William V. Cox
William Er, Edmonston
Reginald S. Huidekoper
St. Bec’ Y & Asset
Treas. Lors
Prescott Gatley
William D Hoover
Kauffmann Les Minshall Pean W
National Savings & Trust CO
Washington Cor. 15Th and
New York Ave