Stock Market Slumps With Weak Trading Volume
Special to The Washington Post reports a contraction in stock exchange activity with 187,200 shares traded, the smallest of the year. Prices showed little movement while lower grade industrials sagged, and rumors about Ley lines influenced buying. Banks anticipate a cash state of around $1 to $2 million, with reserves noted as low and funds reluctant for long terms.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Stock Exchange
Santaville
Nashville
Atlantic Coast Line
Louisville and
London
Rusia
Japan
Essa
Europe
Fortikn Tanckrs
Wall Street Gossips on Market Turnaround and Bonds
New York June 3 The stock market showed notable improvement in the final trading hour with heavy block trades in 100 and 1500 share lots. Prices closed near day highs as rumors of an equitable settlement circulated and cautious bear selling was absorbed. Bonds attract professional speculation, especially in Japanese issues, while experts predict June bond activity ahead of midyear dividends and interest payments.
MENTIONED IN THIS ARTICLE
Washington
New York
Equitable
Board Room
Louisville
Nashville
Atlantic Coast Line
Stock Exchange
New York stock market trends amid crop and metal outlooks
The article outlines 1940s market dynamics with Snow and the Price Current projecting a record winter wheat yield, while H V Jones forecasts a good but not record crop. Government estimates likely favor higher outputs. It notes subdued sugar and Missouri Pacific trading, plus theories on market balance and potential for speculative moves, citing Steel stock accumulation and Schwab’s optimism on iron and steel demand for navies and construction.
MENTIONED IN THIS ARTICLE
H. V. Jones
H. ¥. Jones
Bank Clearings Across Cities for Week Ended June 8
Bank clearings in major cities show an overall U S total of 2 702 900 960 with an 51 8 percent year over year gain. New York led at 1 704 556 758 while Chicago Boston Philadelphia and other centers posted sizable increases ranging from about 9 6 to over 41 1 percent.
MENTIONED IN THIS ARTICLE
New York
Bredstreat
Bank Elearnga
Chicago
Boston
Toervave
Philadelphias
Incre
St. Louie
Pittsburg
San Francisco
Chueinnatt
Increage
Minneapolis
Cleveland
Louieville
Detroit
Milwaukee
Omaha
Los Angeles
Buffalo
Aecreans
Wastleston
Rex Bavannah
Incresae
Atlanta
Norfolk
Augusts
Birmingham
Knoxville
Incransa
Charleston
Inaréeas
Wilmington
Del
Chattanooga
Jacksonville
Fla
Wheeling
Macon
United States
Fidelity and Casualty Co
Washington
New York Money Market Report June 8
New York money market steady with call money at 2 percent bid and 2 percent offered. Time money steady at 60 days 2 percent, 90 days 2 1/2 percent, six months 3 percent. Prime mercantile paper at 2 1/2 percent. Exchange rates show actual bankers’ at 4.8009 to 4.8750 for demand and Malay bills at 4.8510 to 4.6516. Posted rates near 4.80 to 4.81. Government bonds, railroad bonds cited with typical market activity.
MENTIONED IN THIS ARTICLE
New York
Baltimore Markets Amid Mixed Grain Receipts and Rates
Market report shows dull Wheat with spot quotes and July August September futures mixed. Corn steady to firm with exports and receipts noted alongside oats hay and other grains, with prices and freight details from Baltimore markets.
MENTIONED IN THIS ARTICLE
Angus
Duadela
Famey Creamery
Record High Sale of Riggs Bank Stock on Exchange
A new high watermark with Riggs Bank shares traded at 660 on the exchange as private sales topped higher figures. Bids at 651 for 2 more shares suggested willingness to pay more, while offers opened at 7. The report notes small orders in Gas stock and waning interest in Lanston and the market overall, with Mer genthaler rising and rights in demand. Bond call activity shows 3,000 Potomac Electric 68 and new listings of municipal securities, alongside a committee report on Mr Herrah Wilkina’s death.
MENTIONED IN THIS ARTICLE
United Copper
Missouri Pacific
Yester- Gay
Apotal
Stock Exchange
Riggs Bank
Chesapeake and Potemaze Telephone
Atock
Bida
Telephone
Washington Railway
New York
Metropolitan Citizens’ Bank
American National
Union Trust
Greene Copper
Potomac Electric Light
The
Potomac Electric Lighting Company
Esc
Norfolk and Washington Steamboat Company
New York Btock Exchange
Ht Waa
Washington Stock Exchange Quotations Report
The report lists Salen-Capital Traction 4s at 800 WoX and various bonds, stocks, and rights. Notable items include Metropolitan Railroad certificates and bonds, Washington Gas Company issues, United States Electric Light, and MerManthelers and Lanston Monotype stocks with mixed bids and yields.
MENTIONED IN THIS ARTICLE
Salen
Capital Traction
Wox
Potomac Electric Light
Washington Railway and Electric
Wii
W. Washington Railway and Electric
Metropolitan-Citizens’ National Bank
Rigen Natiodat Bank
Chenapuake and Potumso Telephone
Morganthaler Linotype
Morgenthaler Alghta
Lanston Monotype
Graphophone
AM. Greene Copper
call—Mergenthaler
Dvalog
Washington Stock Exchange Yeatenday
District of Columbia
Philippine Land Purchase
Trustlon Railroad
Metropolitan Railroad Ba
Metropolitan Railroad
Metropolitan Allroad
Columbia Railroad
City and Suburban Railroad
Anacoatta and Potomac
Washington Gas Company Jeu
Washington Gap Company
Washinton Gas Company
United States Electric
United States
Checapeake and
Potomac
Washington Market Company
Potoman Electric
American Union Sato Deposit
Union Trust Company
Washington Savings Bank
Home Sayin Bante
Railroed
Cepital Traction
Waalington Railway and Electric
Metropolitan
Corcoran
Fotomac
Arlington
National Wasco
Columbie
Riggs
People’s
Real Eateto
Columble
Washington
Chesapeake and Potomde
Georgetown
Mergénthaler
Mergenthaler
Gresne Consolidated Copper
Washington Markat
Norfolk
Washington Steamboat
Realty Appraiaal and Axaney Company
Chicago Grain Market Summary
Furnished by W B Hibbs & Co bankers and brokers Chicago. Open high low quotes for wheat corn oats and pork. July wheat up modestly while corn and oats little changed. provisions down slightly. Weather across the United States cited as sustaining weakness to start, with rain in the Northwest and harvest activity in the Southwest.
MENTIONED IN THIS ARTICLE
W. B. Hibbs & Co
New York Block Exchange
Washington Block Exchange
Chicago Board of Trade
Liverpool
United States
Live stock markets show steady to strong demand in Chicago
June cattle and hog receipts press prices lower across grades while stockmen report a boom in the market for top calves. Sheep and lamb demand remains steady to strong with light trading. New York cattle markets hint at softer tones as weather warms, with overall prices uneven but steady for prime stock.
MENTIONED IN THIS ARTICLE
Chicago
S.ib
New York
Bedvia
Atdaon
Market Notes on Wheat Corn and Cotton Conditions
Market summaries describe wheat gains amid favorable yields and drought impacts in Southern Russia supporting higher prices. Reports show strong consumption, robust primary receipts, and steady to firm futures with July and September contracts moving up. Cotton opens firm on Liverpool gains and New Orleans support amid profit taking, with prices holding above prior lows.
MENTIONED IN THIS ARTICLE
St. Louis
Russia
Bradstreet's
Minneapolia
Duinth
Chicago
Wenknens
MGI
Bamia
Daily Cotton Market Turns Quiet Across Major Ports
Market figures show firm tones in New Orleans and Philadelphia with steady to firm quotes at several ports. Totals indicate broad activity across Great Britain, France, and Japan with significant consignments and port totals reported worldwide.
MENTIONED IN THIS ARTICLE
New York
Gram
Saley, Brock
Galveston
New Orleans
Brendy
Brunswick
San Francisco
Newport Nova
Houston
Loule
Memphis
Porte
Great Britain
France
Continent
Japan
Ail
Maxteo
NEW YORK PRODUCE MARKETS REPORT CURSORY LISTINGS
A chaotic summary of Chicago and New York grain and commodity prices. Wheat sees irregular trading while corn and exports show firm to steady demand. various futures prices and spot quotes include No 2 red etc. Oil, petroleum, and metals edge between firm and dull with minor shifts in spot and futures.
MENTIONED IN THIS ARTICLE
New York
Duluth
Manitoba
Gaturiay
Ness
Finepricun
Ikeicy
O. W
Bakket
Racotita
Patroleum
Cordova
London
Lake
Eleo- Volyde
Ceutry
Roelter
Glasgow
Middlenbora
Northern
Norther
Southern
Southern Soft
Southern Wast
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Wall Street
Herrick, Berg & Co
NEW York Stock Market
Schwab
Spain
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Ian Caton
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Amelt
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le Vomeware and Hudson. S
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St Louis and
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Colorado Building
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Igly F Street
Washington Railway, Com
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National Safe Deposit, Savings & Trust Co
15Th and
New York Ave
Iina
Asociation
Co-Operative
Washington Loan & Trust Co
Corner Sth
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Real Estate Department
Ishn Joy Edson
JOHN A_ SWOPE
Bluis Spear
Andrew Park
Harry G. Mgem
Rod Taylor
Thomas Bradl
Beal Estate
Omcar
Chesley & Spence
George Harries
IQ. Ktorbatl
Witton
J. Lambert
A. Lothrop
Theo W Noses
J. H . Ralston
Jota Bo Sieman, Jr
FH Smith E. Quincy ,Smith
ENO Waters
Woodward Union Savings Bank
Bond
John W. Frank
American Loan CO
ST. NW
Mwational Mortgage Loan Company
Firat
Potomag Guarantee Loan CO
Aulaatic
Metropolitan Loan and Trust
E Street N. W
F. H. Smith Co
N.Y. Ave
Ltbereby
Daventore
Swartzell, Rheem & Hensey Co
Warner Building
Commercial National Bank
Ernation Banking Corporation
Commission Stock Brokers
Qreulich, Martin & CO
CRAIN
R. Lappin
Mein
Ama
Arthur Wall
Lynn, Wall & Co
Adams Building
Jin Stoges
Wade & Heddes
WM. J. Sage &Co
Broadway
N.Y
Atlantic Building
Nedeiny Moccesbell & McLbran
Be, Wa
American Express Company
Traders National Bank
C. Barrera Rae
Washington Safe Deposit Co
Denien Brother
Equity
Wolf & Rosenberg
Nathan, Dumbracco, Jr
District Supreme Court
Joel C. Dumbracco
Pennsylvania Avenue
Bheelf
Havenner & Kennedy
Block, Grain and Provision Company
3@ west
Loring Home Life
16Th and Gats
N.W
Riggs Lanapusee
Taanes
Credit Buya
Bells Exchange
Sranmmla
Fspeclal
Lapizs PA
U. & Treasury
Chaap. x
Laens
Capital Loan Co
N. W
Virgins
Canes Loan and Investment Co
15Th &G Sts
Purnisium
Sesame Image
Privece
Rogma
Losna
Surety Loan Company
Warder
Mutual Loan and Trust
Merthance
Teemeers
Domrdlng-Howes
Naost Wolman
Keom Corsten
Shrehive