Renewed Pressure Sends New York Stock Exchange Down
The stock market fell broadly as trading remained brisk but below a million shares. Industrials and specials decreased with heavy losses in several names, while money conditions eased and foreign exchange rose. A general lack of buying power and liquidation dominated the session, with majors like American Can, Kennecott and California Petroleum showing notable drops.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Washington Post
New York
Porte
Cypmtiset
Gulf States
Baldwin
American Locomotive
Lima
Ptnch
Amerean Can
Corn Urotuet
California Petroleum
du Pont
Pan- Atrarican
One Marine
Oper
Peofesatveal Shorts
Wall Street Gossip and Market Highlights from June 1
Reports from New York and Chicago recount a Pennsylvania Railroad order for ten steel car floats worth about 7 million dollars. Sears Roebuck May sales hit 18.5 million, up 27.3 percent year over year, with five month total near 9.44 million. Electric Auto-Lite Toledo shows April profit of 312,184 and rising year to date. Wheat prices tumble on US crop estimates while New Haven and Hartford loan extensions shape railroad finances.
MENTIONED IN THIS ARTICLE
Bpechal
Washington Coat
New York
Pennsylvania Headlroad Company
New York Shipbuilding Company
Sears, Roebuck & Co
Electric Auto- Lite Company of
Toledo
Chicago
Liverpool
Atlantic
B& i
United States
Timely Lake Erie & Wys
Rumely Pf
Jax Rubber ii
Les Rubber & Tire
Alaska Gold M
Lehigh Valley O. AD
Algaea Jun
Chamak Lima Loco
al. Om
Loew's Inc
Bank Note
al Am. Baet Thug
Bosch Mg
Mackay Besay
Car & Fa
Nabhan
Am. Chain
Market St. Ry
Chidle Hide
Gt. Ry. Pf
Cot
Marland Ot
Mart. Parry
Hide
H. Dd
Tee
Dept. St
Int. Corp
Meityre Min
Inseed
Seab
Locoi
Miami
Am. Soc
Metais
Gree
Radlat
Roll. M. Pi
Sil. Fars
Montgomery Ward
Bremen
Moon Motors
Lal
Cologne
Sam. Tob. Mothersons A
Coblens
Baltimore Securities
Gopmece Cin
Nach. Motors
STHI
Coblans Sa
Nat. Biscuit
Nat
Clk, & Uit
Baltimore City
Bram
Clk
Fee Duenseldorf
Ft. Cp
Baltimore
Elberfeld
Frankfurt
Hamburg Hambur
Leipzig
Central
Arnold Constadl
City
Nor. & Went
Nor
Pasific
B.l.&p
Ohio
Okla
Pisaglt
G.e.l&p
Asi A Ee
Packard Motor
Deutech Bank
It Balt. & Onlo
Pan Am
Gensischatt
Los
Uni
BE L
Armetadt
Pat
Bing
Banks and Trust Fe
Pann Coal
Baltimore-American Ing
Auatiis
Beth. Steel
Bam
Penn
RB. R
Baltimore Trust
Vienna
Beth. Gt. Pt
Hew
Penn Sea
Aus Treas
Booth
Fish People G
al Commercial Credit Bes
Czachoslova
Bkiyn
Biattabis. Trust
Burns Bros. A
Phila. Co
Ate
Fidelity & Trust
Burne Bros. B
Pierca Nilips Et. Om
Fidelity Guar. Com
But. Cop. & Ze. Obes
Pierce O
Pitta
Einanse Co
America
Pet
Aeryland Casualty
Mare. Finance Com
Canadian & i
N. J
Canadian Pac
Pub. Ser. N. J
Finance
Pullman Co
Maryland Trust
Punta Alae
Century Rib. Mills
Bank of Bait
Cerro de Paseo
Ings Mrd
National Exchange
Chandler Motor
New Amster
Cas
New Orleans
Ches
Tran
Fid. & Guar
Galveston
Ches. & Chio
Ray Con. Cop. Union Trust Co
Chie East
Ill
Chie. E. Western Reading
LRO
OCES
Charleston
Coast Line of Gene
Wilmington
Reis
Northern Central
Texas City
Stee
Remington T
Norfolk Finitimore
Repio
Uni, Rys. & el. Co. Com
Beaton
Ag IH
Sem
Philadelphia
Chile
Rep. I. & Sit
China
Rutlané Ry. B
Col. & So
Soam
Ala. Con
Columbia Caroon
Macon
Dublin & & Sales
New Roana
Columbia G. & E
MD. & Pa. Inc
Columbia G. & B
Schulte Retail Bt
MD. & Pa
Shipm'ts AG
Columbia Graph
Seaboard A
Peterabut
Houston
Sears, Roebuck
Say. Fla. West
Conaol. Cle
Beneca Co
Augusta St. Louis
Shell UN Bird
Ralto
Trac
Atlanta
Simmons Co Iy
Little Rock
Crucible
L. C
Dallas
Cuba
Maryland
Rys
New News
South Pt
Nort. & Ath Ter
Spicer
North Baltimore
TOM Cuyamel Fruits
Sten, Oil &S
Uni. Rys. & Blec. Tee. Bs
Davidson Chem
Stan
Detroit
B.C. Inc
Bperiin Arner Ms
Ua Rys
Elec
Strom
Brudebaker
Bert du Pont de
Bhiton
Alabama
Geo
Neue Bat
Burects Co
Alabama Co
Ann. Gop. & Chem. A
Erie 2d
Guit Bu
Exahar. Ap
Play -Lasky
Cogs
Arundel Corp of
Third “Ave
Arundel Sand & Gr És
Tidewater
Baltimore Tube
Fifth Ave
St Baltimore
Baltimore Brick
Fleischmann Co
Tobacco Brod. AG
Baltimore Brick Com Foundation
Freeport TX. Id
Bartlett
Hayward
Twin City
Union Pacifi
Union Pacific Pt
United al. Sd
Gen Motors
United Drug
C & P Telephone Pt
Met
Gimbel Bros
Qoodyr
T.i Ee Pf
Nor. Pf
Hotl Mills
Shaw Elec Rubber
Isaac
John E. Hurst
Bay
Steel
John B. Hurst
Mer & Miners Tran
Hudson
Utah
Ng Wil
Vernon Mills Co
Mt Vernon Mills
Pa Water & Power
Draul. Rel. Vanadium Corp
van Raalte
St. Pf
Va.Car. Chem. P
Fair & Clarks
Pair & Clarks Trac
E. L. PB
Harv
North
Fair & Iaties
Merc
Westinghouse A.B
Wheeling & L. E
Island
W. B. Rys
Jones Bros Tea
Balti City
City South
Balti
Wickwire
Uni. Rys
Fdg
Kayser
Kel Spring
Willys Overland
Uni Rys & Elec
Kennecott Cap
Willys
Ley Ld
Keyatone Tire
Wooworth
Midelity & Depo
Mie & P. Telephone Pf
Kreaga
Ivy Wright
Fidelity & Guaranty
Bept
Youngstown M Si
Consolidation Coal Com
Houston Oil P
Baldwin Locomotive
Bethlehem Steel
Ser. Ry Co
Eel He Copper
Foundation
Laclede Gas
Arundel Corp
Texas Gulf
Underwood
Union Pacific
U. S
O & FF
Vivendou
Mercis & Mimere Trantig
Fidelity & Depos
C. & P. Telephone
Commercial Credit Com
gsiGommercial Credit Com Biy
W. B
Bartl T Hayward
Maryle
NEW York Grain
Arundel
York
C. F
Atendyi
Rail
I. F
The Metal Market Copper and tin steady in New York and London
New York copper and other metals show steadiness with spot and futures trading. Electrolytic copper near 41.87 in New York. London prices list copper at £67 spot and £67 12s 6d futures with electrolytic at £73 10s. Tin at £197 7s 6d futures. lead and zinc also quoted with typical ranges.
MENTIONED IN THIS ARTICLE
New York
Steadier Cleveland district signals steady prosperity
Cleveland June 1 The monthly business review of the fourth Federal reserve district notes steadier business due to discriminating attitudes and conservatism. Production in several lines has risen ahead of consumption with little evidence of unwieldy inventories and a tendency to keep bills paid. Farmers show faith by buying farm securities and bonds in Federal land banks.
MENTIONED IN THIS ARTICLE
Cleveland
Monthly Business Review
Fourth
Federal Reserve
New York Cotton Drops After Govt End-Slaes Report
Severe break in New York cotton as government end-Sla- condition figures fail to spark buying. October futures slid to 23.25 from 34.57, with near terms closing near the low. July and December fell sharply amid liquidation and persistent weather and market uncertainty.
MENTIONED IN THIS ARTICLE
New York
Jung
Texan
Naingdlish
Texas
Geongi J
Carolinas
Also Mentioned on This Page
Terewala
Timea
Lichera
Ungerlaider & Co
Cudahy Armour
Motors
Libby O
Ward Mont
Ward
National Leather Quaker
Uaker Oats
Tewart
Union Carbide
Thompson
Treasury
Redmond
Maturit
Une
Wall Street
Corona Typewriter Company
Greene-Cananea Copper Company
Federal Centrol
The
Interstate Commerce Commission
New York, New Haven
Martford
St. Paul
Financial District
Northern Pacific
Labor Board
G. R. Kinney Company
E. H. Krom
Ford
Lincoln
Ges Company
Oil City
Bette
Foreign Exchange
Cin
Great Britain
France
Eaagummeny
Hollana
Norway
Sweden
Denmark
Switzerland
Spain
Gréece
Poland
Czechoslovakia
Argentina
Brazil
Montreal
Washington
Laatmont
Reserve Bank
Dalen
Insurance
Ralph Oh
Lee & Company
Colorado
Joseph J. Weller
Witt-Will
MR. Henry P. Erwin
General
John L. Edwards & CO
G Street
Second National Bank
Bank of Utmost Service
Seventh Street N.W
G Street N.W
Dean, Onativia & Co. Stock Exchange
Ark
Chicago Stock Exchange
New York Curb Association
Woo
ERS
New York Cotton Exchange
Chicago Board of Trade
New York Produce Exchange
Minneapolis Chamber of Commerce
Hone Main
John Callan O'Laughlin
Charles R. Alley
Samuel Ungerleider & CO
James Sloan, Jr
Pittsburgh
Columbus Stock Exchange
J. 8
Halle & Bureglitz