Wall Street Sees Sterling Weakness Push Stocks Lower
Foreign exchange turmoil drives broad stock declines with copper and sugar shares leading losses. Traders note oil and petroleum issues slide on lower crude prices while speculation on rail wages and possible technical rallies shape shifting market tone.
Bond Market Weakness Spurs Speculation Amid Rally
New York traders report continued bond market weakness as Liberty issues rally briefly from low prices while foreign lists slide. Traders weigh tax plan impacts and state bond offerings, with rail and industrials dipping slightly and utilities mixed.
MENTIONED IN THIS ARTICLE
Washington Post
New York
jLaberty
Stregglar
Bond Sales On The New York Exchange June 6 1921
Bond sales on the New York Exchange were reported Monday June 6 1921 by Redmond and Co through the New York Washington wire. The report notes trading activity and price movements across key issues.
MENTIONED IN THIS ARTICLE
NEW York Exchange
New York-Washington
Redmond & Co
Market Review of Petroleum Stocks and Industrial Shares
Broad Street trading shows unsettled petroleum stocks after Anglo-American announces 6,000,000 new preferred shares plus common stock issue, expanding capitalization over 200 percent. Anglo-American drops to 15, others fall. Mayosaibo, Binne Petroleum, Merritt, Carib Syndicate slide to new lows. British-American Tobacco steady at 12.1. Chicago and Eastern Times issues firm. Inter-Continental Rubber weak to 8.5.
MENTIONED IN THIS ARTICLE
Ava
Lee Stee Rhee
Alaska Gold Sa
Pehine Valley
Iacsit
Alaska
Juneau
ANT Chemical
Allied Chemical Pi
Lott
Lie
Ooo
Alis-Chel
Mtg
Car &Fay
St. Ry
Middle States
la France
Midvale
Pacific
Rio
Pt al Beens
Fia
Montana Power
Acme
Sm. S. Pt
Cable
Buam
St. Boy
Sige
Cael
Nevada
Conaal
New Or
Tex. & M
Am. Tobacco
Ami
M. Tobacco Woolen
Ata
al Tas Ath
Woolen
Norfalk Southern
Oweng Hott. Much
Austin Nichols
Bay
Bts
Pacific-ev. Co
Atlantic Petrol
Pacific Gas & Elec
Ae Bo
Baldwin Loco
Pacia Mail
Balto
Ohta
Alto
Ohios
Beth Steel A
Pan-Ameri A
Beth
Steel
Pan-Amer
Pennsylvania R. Ue
Brooklyn R. Se
People’s Gaz
Penn
Seab. Steet
Brooklyn UN
Pere Marquette
Butte Cap
Pere Mark. Pt
Butte & Sup
Philadelphia
Caddo
Phillip-Jones E
Calle, Paching
Philps Petroleum Ae
Calif
jerce-Arrow
Central Leath
Canadian Pacific
Ree Arrow
Pierce
Cerro de Praco
Pittsburgh
Chandler Motor
Pitts
Ches, & Ohio Ar
W. Va
Chic
Gt West
Pullman Co
Gt. West
Punta al Su
M & St
M & St P
St. Spee
Cme
R.T & Pa
C. R. R & Lp, 6% 338% 3365 Ge 31% 6G 31% 4,200] Readin; Hu” 1% Iby O8 3% Gchic
Remingter
Replogle Steel
Aig Bey
China Copper
Revoluteh NL
Republic Ir. & Sti Oes
Coca-Cola
Cola, & South
St. L. Southwa Ae
L. Southwn. Pt
Columbia Grap
Santa Cecilia
Sug
Colum. Graph. P
Savagerma
Seaboard Air L
Consol Textile
Mears-Roebuck
Seneca Copper
Sears
Roebuck
Coant
Candy
Shattuck-Arizona
Ing
Shell Trad. & Tran
Gay
Sinclair Conagl
Stoss-Sheffield
Cosden & Co
Southern Pacific
Crucible Steel
Southern Ry
Standard Oil
N. J. Pt
Davison Chem
Del
Hudaon
Studabaker
Stromere Carh
Lb & Westn
Denver & R
Superior
Superior Steel
Dome Mines
Tann
Cap
Ne Gu
Endicott
Bela
Ilaly
Transcon
Gaston W & Ww
Union Beg &P. Ate
Union
Union Pacific Aa
Electric
Union Pacific Pt Ees
Motors
United Alley Ent Ag
Goodrich B
Greene-Cananea
Food — Ag
Alco Iy Ok
Houston
Hupp Motors
S. Steal
Hydraulic Steel Ae
Steel Pt
TiMnois Central
Ir. C
TDO
Harvester
M. Ba
Mor
Mary
Maryland
Union Tel
Westing. A. Br
Westin
Tea. Inc
Westinghouse
Kana
City South
White Motors
City
Kelly Spr
Tire
VacoWilson & Co
Kelly
rwillys-Overland
Kenn
Cop
Willys-Over
Keystone
Texas
Pacific Coal and
Washington Post
New York
Anglo-American
Stenderd of
Indiana
Mayosaibo
Binne Petroleum
Merritt
Pbld
Wce
Carib
Sweets Company of America
Interente
Chicago
Eastern Times
New York Money Market Update
New York on June 6 shows prime rates and money market figures with notes on sterling 60 day bills 8 day bills on banks commercial 60 day bills and various foreign exchange bids. The report lists demand and cables for francs marks Swedish and other currencies, along with bank acceptances and reported rates for railroad bonds and securities.
MENTIONED IN THIS ARTICLE
New York
Meregulila
Szeme
Sabiee
Raples
Reese
Idemand
Sweden
Domi Sea Brett
Ri An
Montreal
Ditye
Tal
Inet
Jon
Mexicar Dolings
New Financing Demonstrated by the Mondon Market
The report notes expanding finance in New York with a Pennsyl vania State body grant of $45 million and a $15,000,080 5 percent State bond issue dated July 1 1921. Bidders may settle in full July 1 or in monthly installments beginning July 1. Intercity railway and steel equipment financial moves receive regulatory approvals and liability assignments.
MENTIONED IN THIS ARTICLE
Pennsylvania Railroad Company
Philadelphia
New York
Pennsylvania Railroad
Pennsylvania
Harrighope
Lewis
Gey
Interstate Commerce Commission
Chicago, Terre Haute and Southeastern Railroad
Baltimore and Ohio
Bethlehem Steel Company
Also Mentioned on This Page
York
Germany
London
Great Britain
Inc
Venezuela
Raphalt 14
Ul Wall Money
Associated Bank
Studebaker
Nelly Springiid
Bis
Middle West
V&me
Jong
International Paper Company
International Mercantile Marine
Acton
Storkghoigerm
NEW York Stock Exchange
Atlantic Fruit
New York State
First National Bank
Great Northern Northern Pacific
Great Northern
Northern Pacific &S
Paris
Can
Gorot
Switz
Seana
Northern Pac
U. S. of Mexico al
Amer
Packard Motor Ca
Tel
Cot
Penn. BR. R
Penn. R. Fien
Iesus
Arm
Tel & Tel
Penn. R. KR
Armour & Co
Atlantic Refining Co
Bes
Seat
Adj
Bell Tel
Sinclair
Ches & Q
the & GO
Union Pac
RT & P
Chile
Union Lac
R. G
Acuum Oil Corp
Nt. Mer
Marine
Ilgon “& Co
John L. Edwards & Co
H St. N.W
Washington Stock Exchange
Hornblower & Weeks
Harris, Winthrop & Co
Baltimore
Calonial Trust
Maryland “Trust
Elec. Co
BAN Balto
Auston
Penn. Wat
Td. S & Dl. Fund
Td Rys
Ashe
Hallo
Eri
Cesden
City and Cub
Indy Ae
Tartrogda
Msagod
Riemer
Win, H. McKenna & Co
West
New York Stock Bs
Broadway
Principal Pointe
Washington
H Street NW
Franklin
Harriman &Co
Colorado
G. B. Chipman Manager
THE
Navy Department
American Security & Trust
Company 15Th Street
Pennsylvania Avenue
Home Savings
7Th Street
Massachusetts Aveniue
Eighth and
H Streets
N.E
Seventh Street
S.W
Ralph W. Lee & Company
Man
Cities Service Secureties
Boeghi
Tme
Suri Evans
Washington, D, G Main
National House
Open Office
Strugaey
Ffteen
E. M. Fuller & Co
Evugeoyese Consorieated Stock Exchange of
Chocygo
Cleveland
React Priasts
Our
National Metropolitan Bank Capitol
U. S. Treasury
Edwin A.roper
Sinclair Oil
Wall Street
A. A. Housman & Co
Broad Street, New York
New York Cotton, Exchange IV
Produce Exchange Chicago Board of Trade
Coffee & Sugar Exchange
Liverpool Catten Association
Comini
Charles R. Alley
Mgr
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