Dow Jones Stocks Drift as Markets Open Softly
New York trading opened dull with minor fractional changes across most stocks. Sugar, textiles, oils and tobacco led advances while rails and metals eased. Fisher Body pushed gains but overall averages slipped slightly as rail and industrial indices retreated.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Ain Fisher Body
Eno
Thee
Royal Dutch
Sander
Stoc
Curb Market Review and Stock Movements
Trading on the curb was quiet with a firm tone in many issues and rising outside interest. Notable activity touched General Asphalt and Allied, with oil firms like Simms Petroleum, Home Oil Refining, and Overland Tire showing gains, while Indian Packing and allied stocks softened and tobacco exports held firm. In New York copper and other metals steadied, with London and Philadelphia quotes drifting alongside broad grain and live stock markets reflecting mixed demand and supply conditions.
MENTIONED IN THIS ARTICLE
Washington West
New York
Philadelphia
Sinclair
Sinclair OM
Simms Petroleum
Shells
Transpork
TLY
Treasury
Allied
Vompant
General Expan
Home Oil Refining Company
Fort Worth
Marconi
America
T. Aetna Explosives
Overland Tire
Chandler Motors
W. B. Hibbs & Co
Askea
Aetna Explosives
Allied Packers
Atlantic Petroleum
Ar Boone
Big Ledge
Boston & Mountana
Boston & Wyoming
Tae Dees
Brazos Oil
British American Chem
Butterworth Judson
Aledonia
Epsteere
Calumet & Jerome
Canada Copper
Commonwealth
Consolidated Araiuna
New One
Cosfen
Central
Ga. Con
R.J. & Pac
Denver & Rio G
Balg Hupp Motors
Ae Distillers’ Securities Sy
Imperial Toba Vee
Dom
Can. Ba
Briegen
Pdensate International Petroleaus
General Electric
Dhes Island Oil
Great
Louisville & Nash
Namara Mining
Kanes. & Tex
Magma Copper
Missouri Pac
Maxim
Montana Power
Merritt Oil
N. Y
Norfolk & Western Co
Northern Pacific
Washington Pose
New
Oregon
Boston
Clesine
Nevada
Ophir
Pacific Tel
Tel
New Cornelia
Cnnsylvania
Nipissing Mines
Pennsylvania
North Amer
Pl& P
Calfornia
Arizona
Northwestern Qoil
Ley Republic Iron
el Calumet & Hecla
Oklahoma Oil Co St. L
San F. R. R
Century
Aeree
Seaboard Air Line
Cubanee
Oe Ou
Southern Dell Tel
Eens
Oe Ray Hercules
Ain Southern Pacific cv
Vey
Southern Railway
Gray
Salt Creek Tee
Ba Southern Railway
Helvetia
Sapulpa Rem. Sre Eee
Texas Company cv
Setae
Isle Royale Ic
Sequoyah Oil
Texas & Pacific Ists
Kerr
Aro Sinclair Gulf
North Butte
Pond Creek
Swift
S. Light & Heat
Swift International
Light & Heat
Ventura
Sede Meek
Sao
Steamship
Uzard Tire
Chicago
Wa. S
Liberty
Cudahy
Victory Ss
Swift & Co
Victory
Union Carbide
Biorn
Anglo-Am, Gil Co
Wee Atlantic Refining Co
Ae Borne-Scrymser Co
Buckeye Pipe
Chesebrough Mtg. Co
Continental Oil
Northern P Frpe Line Co
Onie Oil Co
Prairie Oil & Gas
Prairie Pipe Line Co
Solar Refining Co
Southern Pipe Line Co
South Penn Oil Co
Bonds Recede to Old Record Low Across Markets
New York reports bond prices sliding to record lows with the average forty bond yield at 81.94, liberty bonds weaker, and the 3% and 4% issues showing varied gains and losses. Sterling opens firm then rebounds, francs weaken to new lows, and marks rise as small investors speculate amid war-wide financial shifts. Experts note deflationary efforts, gold cover trends, and potential steel strikes influencing wages and industrial policy.
MENTIONED IN THIS ARTICLE
Specter
New York
Lain
Iower
Belgium
Federal Reserve
Germany
Morris & Co
Chicago
Hanks
France
Wage Realities After War Prices Rise
The text argues that real wages have surged postwar, with a worker needing 1.80 to buy what a dollar did before. It notes a 90 cent margin and a 50 percent real wage gain, suggesting employers would support improved living standards and a further 50 percent wage increase, tying future wages to commodity prices.
MENTIONED IN THIS ARTICLE
Labor Gazette
Lancashire Allied Trades
Department of Labor
New York Cotton Markets Hit Mixed Close
New York cotton futures faced a cautious session as fear of storm damage eased. December cooled to 28.75 with a 28.88 close, while other months traded between 28.55 and 29.10 at the highs and 28.70 to 29.95 near the lows.
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New York
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