Market Slump As Stocks Flatten Amid Recession Fears
Investors faced a cautious session with mixed signals as the stock market opened flat and then drifted lower amid recession fears. Analysts noted reduced dividends for Calomet and Hecla, Pennsylvania rate talk, and varied crop reports influencing sentiment, while call money stayed high and trading showed cautious activity across major names and sectors.
MENTIONED IN THIS ARTICLE
Pennsylvania
New York Money Market Mixed at Close on Various Papers
The New York money market shows varied trading with Treasury bills and notes at mixed yields. Demand for commercial paper remains modest while government bonds and railroad securities see thin activity and price variation.
MENTIONED IN THIS ARTICLE
York
Pamkars
Wall Street Gossips On Bond Sale And Market Drift
Wall Street watchers report a disappointing bond sale with only about 160 bids opened and prices ranging near par as curb quotes slipped from a morning high. The market steadied somewhat later as traders weighed copper dividend cuts and declines in Amalgamated Copper and American Smelting.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Gept
Wall
Seoverber
Migie
GBS
A3 Paints
Wblou
Cartier Ton
Garanent
Bustares
Neady
Gia Western
Yeeterdey 2 Allers
Bos
Santa
Bor
Market Notes from the Exchange on Chesapeake and Potomac
The Washington stock scene shows activity in Chesapeake and Potomac Telephona with prices near 7 8 and prospects for better offerings. Washington utilities like Capital Traction face tepid demand while copper and Greene Canane stocks slip. Mergenthaler stock trades around 206 amid efforts to buoy the market as McK a Secretary Woodruff attends the Exchange.
MENTIONED IN THIS ARTICLE
Chesapeake and Potoma
Interamora
Washington
Lana Fon
Mitchell
Péopile
Mergenthaler
United Metal Sellfire Company
Greene-Cananes
Xam
Washinsion
New York ST
Adare Fapress
City
Tnt
Ead Neonettig
Atgpiga
Ain
Pin & Am
Bob Mlancepolis
P de Saniro
Catloa
P&s
Ste M
Kaneas
Toxon
Lee Sneurhiaam
Mae Ptt
Noetwik and
Wentern
Waghtoglon Railway and Electric
Um Ansa
Netax
Shgar Refining
Svur Vm Faelte
Capital Traction
Jil
Peanoylvania
Foumac
Atlantis
Halmore
Ohio
Banat
Warbtneton
LUA
Colteriing
Younter
Jerry Iby
Republie Seale
Peuveaker
Philippina Land Purchase
Ang Gren Western Duifet
Columbia
Neav Cheau
Northwestern
Asm
Ogsheok Island Co
Ptd
Romeu Woo
St Daut
Hieses Tern Teal
Transgas
Wllerh
Souther
Gunthera
Reilway
Aaserllarious
Nepte
Oh BF
Toledo
Mt Taath
Banerana
Grange
Eprem Wickington
Virginia Carolina
Mergenthaler Linatype
Errationat Furirt
Tamnton Mont
Interborough Meter Olitan
Western Union
BOCES
Wheelhg
Erle
Ureene
Cananen Copper
Town Central
Wisconsin Central
Mitchellining Company
Atrat of
Atrat of A Mun Sita Wistersin Central
Kaasas Southern Ak
American
Rational Cyry
WB Hibbs & Co Bankers
Cousmble
Sueno
Dexrd
Xragu
Cemenacriat
Lincoln
Traseea i Worthington
Washington Eachange
Hank
TVS
ETDS
American Sectiry and Runt Su Rational Savings and Truat
Caton Rust Company
Washington Lawn
Washington Ete
Tinpoalt ‘i Cau Veune
Warrain Ort
Savings Bank Atolks Home Avis
Sierehante
End Media
Insurance
aTarks Axtington
Conveabte
Gerearan
Frankia
America
Washington Produce Market Prices Across Regions
Wholesale produce quotes show varied butter and poultry pricing across Virginia, Tennessee, and surrounding states. Notes mention demand strength, steady market tones, and regional supply factors including spring poultry and dairy product pricing.
Wheat and oats yields fall below ten year average
The report from the Bureau of Statistics shows lower than average harvest conditions for wheat and oats. It details September 1 conditions for corn, spring wheat, oats, buckwheat, and other crops across multiple states, with declines vs ten year averages and earlier months. The bulletin notes price and market implications amid broader crop performance.
MENTIONED IN THIS ARTICLE
Grop Reporting Board
Bureau of Statistics
Department of Agriculture
Kentucky
Oliebone
South Carctton
Gourn Dakota
Matariall
Vicefola
Nordbwert Otter
Gavirnrorot
Apne
Tae
Santeaubet
Lueal
Alps
Son
Ealy
GME
Bree Wits
Alina
New York Produce Market Daily Prices Summary
Market notes list dairy and meat items with steady or unchanged conditions. Highlights include prime beef, poultry, flour, corn meal, lard, pork, and canned goods with various quality grades and prices across listed commodities.
MENTIONED IN THIS ARTICLE
New York
Baltimore Markets Autumn Grain Receipts Reported
Dallimore Maryland September market notes show exports and receipts for No 2 red and No 2 white wheat, corn, and oats with varying futures bids and spot prices. Several shipments national and regional, including New South and Woolworths packaging entries, are listed with mixed changes and price indications across months.
MENTIONED IN THIS ARTICLE
Dallimore
WIM
Aleadlor
Sacple
Ghain Freychts
Pancy Imaden
Tener Creamery
Sbis Taney
STEN
Tags
Live Stock Markets Briefs and Cattle Calves Report
Live stock markets show steady prices with cattle receipts at 32,000 head and calves around 1,900 to 2,065 price range. Hogs receipts near 16,900 with strong demand, sheep and lambs mixed. West cattle prices weak, trading near recent lows. hogs hold firm with selective gains.
MENTIONED IN THIS ARTICLE
Contec
Millions to Change Hands in Big Rail Financing Move
The Liconsole Railroad and Harriman interests prepare payments this week to settle notes and secure bonds amid a complex refinancing tied to the Pennsylvania and Union Pacific. Large sums from loans and stock purchases are involved as the Pennsylvania faces maturing notes and bridge financing to complete the underwritten $75 million convertible bonds, with funds routed through Union Pacific and Pennsy entities.
MENTIONED IN THIS ARTICLE
Seecal
Waanington
New York
Liconsole
FonnsyWanie
Aecn
Farthnore
Harriman Road
Pennsylvani
Union Pac
Toans
Penzsylvania
Pennsyivania Company
Theennsylvania
Pennsylvania
Baltimore
Oregon
Gwilimora
Ohie
Union Pacific
Union Parcstar
Pennsystenia
Calumet Dividend Cut Sparks Copper Company Action
Calumet and Hecla Mining Company reduces the quarterly dividend to 50 cents a share from 8 dollars with no official statement. Directors cite metal market conditions and conservative policy. Last year dividends totaled 370 dollars per share equivalent and stockholders have received substantial cumulative dividends since formation totaling 164 million.
MENTIONED IN THIS ARTICLE
Calynet and Herla
Gemernils
Ita
Wall Street
Amalgamated
Boston
Calumet and
Heela
Ovel Wall Street
Take
Boston Dept
Calumet and Heela Copper Mining Company
Dey
White
Twe
Calumet and Hecla
Metal markets fluctuate as London prices slip across metals
London tin falls to 67 and futures around 118 as copper, lead, zinc, and iron show weakness. Market notes weak tone with spot prices cited for copper, lead, zinc, and iron amid cautious sentiment and nearby production costs.
MENTIONED IN THIS ARTICLE
New York
London
Apot Doe
Bat Wes Wook
Asa
Bond Sale A Success With 900 Bids Totalling 207 Million
The sprawling New York bond issue attracted more than 900 bids totaling 207,156,420 dollars. Substantial investors and firms including Morgan Syndicate and Equitable Life Assurance Society pursued awards, with highest individual bids around 110. The comptroller’s office processed bids late into the night as awards were determined and bonds allocated.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Comptroller
Elerkn
Comptroler 9
Ang
Metz
Lenuty
Alogetherere
Iir
Equitable Life Rancranre Society Imkel
Awad
Seliemen Siich
Kuhn Lorba& Comar
Tene Maten
UW Das Ge Co
Jesse Leeman
Ninth Avenue
JP Marines
Stock Brokers Fail Thayer Bros On Exchange News
The Thayer Bros & Co brokerage failed on the New York Stock Exchange today. The firm, organized in 1904, included Townsend Theser as a member, with Treedere B Sands and Morris F Browning among other partners. The event was regarded as unimportant and had little impact on prices.
MENTIONED IN THIS ARTICLE
Flue
Thayer Bros. & Co
New York
New York Stock Exchange
Frm
Townsend Theser Ax
Exchange
Treedere B Sands
Morris F Browning
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