Wall Street Slips as Motor Shares Lead Declines
Slow trading on the New York Stock Exchange prompts losses across sectors with rails weak but steadier. Motors and sugars falter amid reports of overproduction and dividend cuts, while oil and railroad shares show the only pockets of relative resilience. Credit tightens as 5 to 16 percent call loans rise, and European markets appear weaker overall.
MENTIONED IN THIS ARTICLE
Noetitl
Webbington
New York
Atécka
Btork Exchange
Capes Reac- Lana
Onl
May
Wa’) Street
New York Stock Exchange and Auto Production Figures
The market showed mixed activity with several stocks dropping two points or more including American Can, American Locomotive, American Smelting and Refining, Baldwin, Union Pacific and United States Steel. May auto production rose with 393,183 passenger cars and 30 motor trucks built, while total five month output reached 1,492,048, up from 778,470 a year earlier. Paris money market showed irregular bourse moves with Renten and five percent loan quoted. dollar at 18 francs 74 cents.
MENTIONED IN THIS ARTICLE
Nere
American Can
American Locomotive
American Smelting Jand Refining
Baldwin
Union Pacific
United States Stee
National Automobile Chamber of Commerce
Paris
London
Ad. Runiely
Ajax
Macy
UW Co
Bosch
Car. & C
Mauhkat
Far BR
Marland Oil
Am. Express
St Marland
Lexth
Bay U Mart. Parry
Fits
al Rary Math
Ica
Max Motor B. Max
Int. Corp. T
Dept
McIntyre
Ati
IM Am
Lingaed Amer
Amiami
Cmce
Midvale Steel
Ideo & Bt
Pacific New UW
Mo. Pac
Montgomery Ward
Ally
Moon Motors
Nash Motors
Nat Biscuit
Arnold Constable
Lz Atchison
Ge Bi Atchison Pt
Air of
AL Coast Line Lyne
Carrere
Austin Nichols
Lee Mw
Nor
Bradl. Cor. B. Ws
Bayuk Bros
Orpheum
Nova Scotia
Beschnut
Otis sBleva
Teh Beth, Steel
Bath
St. Pf
Pacific Devel. Klyn. Bdison
Bkign
Tracific OW
Caiba Re Ee Packard Motor
Ingenant Big Ba Packard Et, Pt
Pan m2
Burne ‘Op. & Zinc
Pan-Am
Penn
Butterick
Penn, Seah
Caddo Ol
Penpie G
Cadi
Petro
Pere Pere Mar
Larg
Gaus Pet
Aety Ote
Ae Phila. A
Ps Pet
Canadian Pac
Galumet & ‘Arie
Idree
Eid Ae Central Leather
Pierce
Ceapro de Faeco
N. J. New Y Ng Ag
Attan Co
Coca
Colum
Gan & EK
Ah Oy
Reynolds Sprin
Colum Raphes
Reynolds
Reynolds Tov
Royal Putoh
Textile al
Bei & Se
Abd
A. le
Ara
Jebuck
Tech
Cuba Cane Su
Eneca Op
Cuban Am
Sugar
Ae Shattuck & Ariz
Shell Union Oil
Davidson de Beers
Shell Union Oi
To & West
Io My Ria
Simmons Co
Doi Simma Petrol
Sinclair Con
Sinclair Con. Pl
Pacific
Erie
Fifth Ave
N. J
Fisk Rubber ‘Lan
Fleischmann Co
H Gu. & Tube
Freeport Tx
Warners
Studebaker
Ger
Aerror Oil
Ge Electric
Texas
Goodrich B
Goodrich B. Ra
Ie Timken R
Goodyear T Ee
G. T
Habershaw
Hartman Corp
Hayer Weel
UN. Pac. Pt
Ak Hende
Aly Alei
Houston Hl
Baye
Hudson Motors
Ry. Inv
Hupp Motors
Annois
Eidie
Indep
Oil & Gas i Oh
Hoff. Mach
G. Ind
Bean Co
Harv
Nicke
Pacit
Weat
Jones Bros
Tel
Kam
Bec
Mia
Ans
Uit
Kelty & Boringfeld
Wickwire
Erle & W
Igh Val
Fk Due
Woolworth
Lima Lore
Cy Wright Aero
Western Union
Treasury
Chicago
S. Ungerléider & Co
Radmound & Co
Continental” Moaters
Mont Ward
Juni
Junker Ontepid
Lewer
Union Carbide
Wrigley
New York
Thompson
Yellow Taxi
Borg & Beck
W. B. Hibbs & Co
Market News and Company Reports in Washington Post
The Washington Post reports year end results for North American Company and subsidiaries with net balance after charges at 12.7 million and $12.40 per share on common stock. Wheeling and Lake Erie shows 208,287 net income for year with $1.73 per share on prior stock. Oil speculation in California includes gas pressure affecting production. Tire makers cut prices, and a Justice Department decree regarding Lehigh Valley Railroad division is anticipated. Market volatility follows slow exchange. auto stocks Chandler and Studebaker fall.
MENTIONED IN THIS ARTICLE
Bpneial
Washington Post
New York
North American Company
Sibaidiaries
TRS
Wheeling and Lake Erie
California
Patroleum
Chandler and
Studebaker
Also Mentioned on This Page
QHLS
Daiton
Stock Exchange House
Ohanu
Wade
Athra
Hardems
NEW York Stock Exchange
B. F. Good- Oh Rubber Company
Leiteh Vaber
Dewal
Department of Justice
al T. LE & ‘Company
Frompi Acties
Thomas
Fisher & Company
Cities Service Securities
Thos, W. Braham & CO
Taveliment Securities
Evans Building
Wesktngten
D. C, Main
Northwest
D.C
Cornell
Gar Mortzare Department
Shannon & Luchs
14Th St. NW
Straits Safety
Atlantic
S.W. Straus & CO
National Metropolitan Bank
Washington, D. C
Johnson
Educator Biscuit Company
AL Or
Transrex
American Trust Company
Boston
First Trust and Savings Bank
Rechibars Old Colony Trust Company
Continental and Commercial Trust and Savings Bank
Massachusetts
Capies
E. F. Cullen
Johnson Educator Food Company
William L. Johnson
Johnson Educator Biscuit Company
United States
Johnson Educator
Educators
Roperty
Cambridge
Mass
Benin
Newburyport
Messiskwood, Greene& Co
Coy
Johnson Weater
Per
Aed Sheeta Se
Messrs. Rearick, Derr
Trevis & Oeyi & Sentra
Gripertias
Sokee
Com- Managementpany
Marthe
Messrs. Putnam
Messrs
Lockwood, Greene & Co
Price, Waterhouse & Co
Broadway
15Th Street N. W
Washington
Congress St
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