Stock Market Slumps Amid Ching-Japan Tension
Stocks fall as Ching-Japan tensions loom, with heavy selling in late trading. Bethlehem Steel and Amalgamated Copper show strength, while Headimm and other high-grade shares weaken. Local traders push spot commitments as authorities note steel demand rising and foreign credit talks expected soon.
MENTIONED IN THIS ARTICLE
New York
Bethlehem Steel
Amalgamated Copper
London
Europe
Naule
Orie Iiuch
New York Bond Market Summary May 5 1960s era listings
The market reports a wide range of bond and stock instruments across many firms. Notable items include American Agricultural 58, American Tobacco, Chesapeake and Ohio, New York Central debentures, Northern Pacific 4s, Pennsylvanias 4s, Southern Railway, and Western Union among others. Prices shown reflect customary quote patterns with several lines indicating 100 or near par levels.
MENTIONED IN THIS ARTICLE
New York
American Agricultural
Nimour & Coates
Michigan
Atlantic Coast Line
Haltimore
Ohio
Flethiehem Steel
Brooklyn Transit
Georgia
Quincy
Chicago Great Western
Dhr
Mil
St Poey
Mand St Po Ocy
Pac
Colorado
South
Leayver
Rio Grande
Securities
Sashun
Tex
New York Central
New York City
New York State
Newark Railways Adj
Novon Hand
Norfolk and West cv
Northern Pacific
Oregon
Southern
Copper and grain prices in New York and London market report
May 5 report from New York and London shows quiet copper prices at 19.00 electrolytic and 18.50 casting with 18.75 in the market, London spot copper at 178, futures £79,158. Iron unchanged. Wheat spot No 2 red 1.65 and No 2 hard 1.70, futures May 1.6445. Corn spot No 2 yellow 87.5 cents, oats spot standard 61-62, No 3 white 60.5-61.1, fancy clipped white 63-64. Barley steady, rye steady.
MENTIONED IN THIS ARTICLE
New York
London
Duluth
Manitoba
Buffalo
Alaska Gold Mining
Lehigh Valley
Allis-Chalmers
Louis. & Nash
Allie-Chalmergold
Manhattan Hi Frenaitese Ee
Miami
DOM
St. P
Pacific
Am. H. and
L. Ptd
Mont. Power
Ama
Ice Securitie
Nat
Enam
Nev. c
Steel
St. B
Norf. South
American Tobacco
Norf. & We
North
Woolen
Pacific Mail
Penn. R. RB
Atchison
Peppie’s G. & Co. Tibigiitisi
Atchison Pfd
Coast Line
Philadelphia
Baldwin Loco
Pettibone
Ohio
Pitts
Pitts. Coal
Buite
Brooklyn R. T
Ches
Rock Island
Chicago
St. F
Rumley
X. Ww
R. I
P. Ry
St. L
Seaboard A. L
China
Seaboard
Col
Consolidated Gas
Sears Roebuck
TSBLG
Continental Can
Siosa
South Pacific
Southern Ry
Crucible
South
Studebaker
Securities
DuPont
Texas & Pacific
Erie A
Texas Co
Erie Ist
Third Ave
Erie
Union Bag & Paper
Union Bag & P
Gen. Motors
Union Pacific One
Goodrich B. EF
United Ry. Inv
Great Northern
United Ry. Inv. Pfa
Gt. XN. Ore. Sub
S64
S.C
P. & FW. Pedj
T. S. I. Alco
E. Ry
T. S. Steel
Inter
Utah
Int
Har
Va.-Car
Har, Corp
Va.-Car, Chem
Wabash Walker
Wabash
City Southern
Westinghouse
West. Mfg. Tel. Hao
Bom
Woolworth
Kresge Cr
Wheel. & L. d Pfd
Lack
Willys-Overland
Laclede Gas
Westinghouse seeks stock financing and bondholder approval
Westinghouse Electric and Manufacturing Company directors, buoyed by overseas orders, seek bondholder consent to change the indenture and issue new convertible bonds to raise capital if needed. Meantime, existing bonds rose while stock fell. A $2,000,000 gold shipment from Bordeaux was directed to Lazard Freres with rumors of further imports to New York. Calumet & Hecla announces a $15.25 per share dividend, payable June 18, with a May 8 record date, reflecting copper price gains since the year’s start.
MENTIONED IN THIS ARTICLE
New York
Westinghouse Electric and Manufacturing Company
Bordeaux
Bank of France
Espagne
Lazard Freres
Wall Street
Calumet & Hecla Company
Inspection to begin May 10 on Tennessee River project
Holland reports that a May 10 inspection tour will cover Tennessee River reaches between Chattanooga and Knoxville. Federal officials, including the Secretary of War and members of Congress, will join engineers to explore powering East Tennessee and making the river navigable. The aim is to surpass Niagara energy advances with a combined public and private effort if feasible.
MENTIONED IN THIS ARTICLE
Secretary of War
Niagara
New York
Tennessee River
Chattanooga
Knoxville
Washington
Army
Federal Senate On Commerce
House of Representatives
East Tennessee
Niagara River
Coleman Sellers
Philadelphia
George Weatinghouse
E. D. Adams
Buffalo
J. P. Morgan
Lord Kelvin
England
Measeye Springs
New York State
Nature
Adirondack Mountains
St. Lawrence
Massena Springs
Massena
Tennessee
Htie
Men of
South
Canada
Niagara Falls
Rapida
Tennessee ‘River
Congress
Holland
Cotton Market Sags After Mixed New York Trading
In New York May 5 the Chicago grain cotton market fell from yesterday’s gains and closed weak, slipping 39 to 44 points. Nervousness over Japan China war news and warned Liverpool cables weighed on prices, with heavy Wall Street selling blamed on unsettled stock market trends. Futures: May 9.43, July 9.63, October 9.97, December 10.16, January 10.26.
MENTIONED IN THIS ARTICLE
New York
Japan
China
Liverpool
Wall Street
Local Produce Market Prices Across Poultry and Veggies
Wholesale price list shows alive poultry at 10 to 42 cents per pound with turkey and capons listed. dressed poultry and eggs quoted. Dairy items include New York State factory cheese and butter. Vegetables and fruits priced by basket, crate, or sack with Florida and California items featured, plus cattle and lamb receipts noted in New York trading context.
MENTIONED IN THIS ARTICLE
New York State
Virginia
Florida
North Carolina
California
New York Money Market Summary May 5
Mercantile paper at 3 to 4 percent with 34 3% notes. Sterling exchange steady for 60 day bills at 4.765, cables 4.7960, demand 4.7925. Bar silver at 50, Mexican dollars 35%. Government bonds steady, railroad bonds heavy. Time loans steady at 2% for 60 days and 2% for 90 days, six months 34 ak. Call money steady to high with rate 2, last loan 2. Closing bid 1, offered at 2.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
Sterling Exchange
Local stock market holds steady amid war fears
New York markets showed no spillover into local securities as trading remained dull yet prices stayed firm. Washington Gas 6s moved at 104% and Capital Traction 5s at 101%, with graphophone stock drawing renewed interest at 60 and 65 for small lots. Edward N Burns, noted former Washingtonian and vice president of Graphophone, is considered a likely successor to the late president.
MENTIONED IN THIS ARTICLE
New York
China
Japan
Washington Gap
Washington Roadway and Electric Preferred
Easton
Edward N. Burns
Washingtonian
Burna
Washington Gas 6A
Capital 1
Potomac Electric Consolidated
Capital Traction Railroad
Potomac Electric Cone
Washington Railway and Electric Ptd
Washington Gas
Graphophone Com
Washington Railway and Electric Btd
Capital Traction Railroad Ga
Capital Traction
GAB
Georgetown Gas
Ind
Columbia Gas & Electric
Capital Traction Co
Ana. & Pot
River R. R
River Guar
City & Suburban
Metropolitan R. R
Wash
Electric
Alex
Mt. W
Elec
Mtge
Tel
Teleg. Co
Teleg
Wash. Ry
Mlec
Pfa
Virginia
Washington
Mergenthaler Linotype
Lanston Monotype
Greene Cananea Copper
National Bank
American
Capital
Columbia
District
Faera and Mechanics
Federal
Lincoln
Riges
Washington Trust Company
Amer. Security and Trust
National Savings & Trust
Union Trust BE Wash
Loan and Trust Continental
Savings Bank
Home Savings Bank
Esen Commerce & Savings
East Washington Savings
Aes
Corcoran Vee
National Union
Title Insurance
Columbia Title Insurance
Ae Ae
Chapin- Sacks
C. Paper Mfg. Co
Security Storage Co
Washington Market
Rwy
Bec
Washington Rwy, Ptd
Mergenthaler
Lauston
Nations
Bank of Wash
Freoklin Nat. Bank
Washington Baseball Club
Boz
Achoel
Reothlach
Fis. Ave
Rozel
Mankin
Uiflder
Treasury balances and deficits update with May 5 figures
United States Treasury reports close of business balances showing net general fund 18,273,709 with total receipts 1,108,544 and payments 1,562,103, deficit for the year 104,716,796 versus 35,444,738 last year excluding Panama Canal and public debt. New York prices for butter eggs cheese poultry and basic commodities listed with steady to firm ranges.
MENTIONED IN THIS ARTICLE
United States Treasury
Philadelphia Markets May 5 Butter Eggs Cheese Wheat
Market notes show butter eggs and cheese firm with steady corn and oats. Wheat mostly flat with No 2 red car lots exports quoted 1.57 to 1.60 and No 1 Northern Duluth export 1.689 to 1.71. Prices reflect steady demand across commodities in Philadelphia markets.
MENTIONED IN THIS ARTICLE
Philadelphia
Duluth
Baltimore Markets May 5 Price Report
Baltimore markets report on oats poultry butter eggs with varied bid prices. Lists standard oats 62 4 as No 3 white 62, live poultry including chickens old hens roosters and young birds with per pound and per pair values. Butter and dairy product prices shown for creamery fancy choice and other grades. Eggs ruled Maryland Pennsylvania Western firsts and Southern firsts with regional adjustments. Recrated or handled eggs add 1 to 2 cents per dozen.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
Pennsylvania
West Virginia
Live stock markets reports from Chicago and New York
Chicago receipts total 24 000 hogs cattle 13 000 and sheep 38 000 with varied prices across categories. New York receipts include beef cattle calves sheep lambs and hogs with uneven ranges and firm hogs at 8 20 and 6 50 to 7 00 for roughs.
MENTIONED IN THIS ARTICLE
New Orleans
Galveston
Mobile
Savannah
Charleston - Ve
Wilmington News
Norfolk
Baltimore
Boston
Philadelphia
New York
Houston
Memphis
Augusta
St. Louis
Incinnates
Little Reek
Goa
Little Rock
Sreatie
S.ob
Oil Quotations From Oil City May Fifth
Oil City Pa May 5 Credit balances 135 Runs 75401 average 43721 shipments 63681 average 42471
MENTIONED IN THIS ARTICLE
Oil City
Also Mentioned on This Page
Orient
Russia
Curb Market
Alaska
Juneau
T. New
Braden Cop
Flor
Cts
Havana Tobacco
Ah Ywavana
Lehigh
Nuker-Hegeman
W. P. Pipe
Cal
Kan
Neb
St Oil of
United Cig
United
Shar
Wabash Adwei
Wabash B
TMG
Ay Pry
Yukon Gold
Baltimore Securities
NEW York Grain
von Power
Cron Power Pta
Rys. and & Co
Baltimore City
O., M. and Sa
Alaska Cole E
al& Uv
Ik and & C Abouez Mining
UBR and B. Co. Inc
Boston & Marve
I1y and Sub
Wast Butte Mining
Franklin Mining
Wty
Kranby Mining
Skeene-Cananeaay
Lake Mining
Flower
T S
Mohawk Mining Tay U
North Butte Mining
S. As
North Lake Mining
Iray Consolidated Min
U. S
Shannon Mining
Panama
United Fruit
Stan Copper
Victoria Mining
Minona
Wolverine
jAtlantic Ocean
NEW York Stock Market
Chicago Grain
Local Produce Market
Washington Cattle Market
Local Stock Exchange
Hennery
Middle West
General Fund
Treasury
United States
Federal Reserve
Philippines
Nin
I Treasury
District of Columbia
the National Metropolitan Bank
15Th St
U. S. Treasury
Thomas L. Hume
Rooma 1
Tel. M
National Savings and Trust Company
Carter
N. Y. Ave
Porty
Ace Eees
Franklin
The
Franklin National Bank
10Th St
Pa. Ave. N. W
Swartzell, Rheem & Hensey Co
Fifteenth Street
N. W
Ralph W. Lee
Washington Horse and Mule Exchange
St. N. W
Heparing
Geo. V. Green
Jobston
Wash. de
Willard Storage Office
Willard Storage Office, 400 14Th
4Th ‘St
Randall H. Hagner & Co
Connecticut Ave
Tyler & Rutherford
F. H Smita CO
15th st_ne
WM. H Saunders & CO
15Th
Com Broom
Bath
Raymer
SINC
Dorth
Mtchenette
Mereland Park
Vfinity
Price
Price Lyons
Kenyon St
Calvert ST
Smith’s Transfer & Storage CO
Globe Furniture Co
United States Storage CO
10Th St. NW
Columbia Transfer and Storage Co
New York Ave
Krieg’s Express
FH Street
Merchants’ Transfer & Storage Co
E Street N. W
Thos. J. Owen & Sox
Windsor
Pranklin Schneider
Savlork P
Wastington
Amd Bang
Herbert
Crancery
Ate
Quartermaster General
Lthe
Washington DC
Quartermaster Corps
U.S. Army
D.C
Depot Quartermaster
L. A
Washington, Dc
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!