Traders Convert Profits Into Cash In Slower Market
Stock traders turned profits into cash as the market closed lower after a generally higher session. Turnover reached 6,087,120 shares with rails metals and low priced issues driving activity while leaders in other fields lagged, dragging major stocks such as American Telephone General Motors United States Steel Du Pont and Standard Oil of New Jersey down by about 1 to 3 points.
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New York
Rails
Associated Press
Dollar Exchange
American Telephone
American Can
General Motors
United States Steel
du Pont
Allied Chemical
Standard Oil of
New Jersey
Case
Bond Market Edges Higher After Memorial Day Rest
The bond market reopened after the Memorial Day holiday with moderate price gains across sectors. Total sales reached 16,114,000 dollars as the composite average rose ten points, led by improvements in railroad and industrial issues.
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New York
New York Stock Exchange Quotations Listed
Quotations for the New York Stock Exchange are furnished by Bryan Kemp and Company based in Bluefield West Virginia. The notice lists associations including the New York Cotton Exchange New York Curb Exchange Chicago Board of Trade and Richmond Stock Exchange.
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N.Y. Stock Exchange
Bryan, Kemp and Company
New York Stock Exchanges
New York Cotton Exchange
New York Curb Exchange
Chicago Board of Trade
Richmond Stock Exchange
Government loan figures show slight overall losses
Utilities lagged behind Monday's final quotations while United States government loans posted small overall losses.
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United States
Wall Street Briefs May 81 New York
Dun and Bradstreet reports weekly business failures end May 26 total 459 up from prior weeks and last year. Wool top exchange projects April wool consumption 30,700,000 pounds vs March 27,000,000 and April 20,209,000 in 1932. Gasoline market strengthens east coast with cargo price gains and yard quotes inching up in New York harbor to 4.25 cents.
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New York
Dun and Bradstreet, Inc
East
Wool Top Exchange
Wall Street
New York Harbor
Curb Market Gains Despite Profit Taking In Industrials
In New York on May 31 curb market activity showed some advances as transfers rose to 950000 shares from 888000 on Monday. Aluminum Company fell about 4 points amid profit taking while Hazel Atlas Glass and A O Smith Utilities slid about 2 points after late trading. Consolidated Gas of Baltimore dropped 8 points as others held firm earlier.
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New York
Aluminum
Hazel Atlas Glass
Smith Utilities
Consolidated Gas of
Baltimore
Treasury Receipts and Trade Note May Figures
Treasury receipts for May 27 totaled 3.212 million dollars with expenditures of 10.249 million and a balance of 337.523 million. Duties collected on customs days reached 18.641 million while a drop of about 40 thousand auto tourists from the United States to Canada was recorded compared with last year.
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Washington
Treasury
United States
Canada
Government Bond Prices Across Markets Reported in New York
Government bonds closed with a wide listing of prices and yields. The report includes Liberty First 4% and Treasury 3%6 and various international issues from Holland to Mexico City with mixed figures and currency references.
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New York
United States
Liberty
Treasury
Foreign exchange rates and demands from major nations
New York bank market reports wide activity on May 31 with currencies and bills. Great Britain quoted at 3.994 dollars and 3.99 percent cables 60 day bill 3.98 percent. France 4.65 percent, Italy 6.16 percent, Belgium around 16.49 with implied cables 14. Germany demand noted but cut off in fragment.
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New York
Great Britain
France
Italy
Belgium
Ger
Call Money Steady In New York Markets
New York May 31 call money remained steady at 1 percent all day. Time loans eased with 60 to 90 days at 1 percent, four months at 1 percent, and 5 to 6 months also at 1 percent. Prime commercial paper and bankers accepts showed no change.
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New York
Butter price report from Chicago market on May 31
Unsettled butter trading in Chicago shows quotes at 98 with 22 percent, 92 at 14 percent, 91 at 21 percent, 90 at 20 percent, and 89 at 20 percent. Centralized carrots list 90 at 21 percent, 89 at 20 percent, and 88 at 20 percent.
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Chicago
Market Report from Pittsburgh May 31 Prices for Produce
Produce demand slow in Pittsburgh with apples, potatoes and dairy items showing mixed prices. New York Russets and Baldwins quoted in various sizes, Maine Green Mountains and Alabama butter values listed, poultry and fowl prices given for several categories.
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Pittsburgh
U. S
New York
Ben Davis
Starke
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Market roundup sugar prices rise on shipments
New York May 31 Raw sugar held firmer with spot rising to 3.30 cents and shipment sugars about 13 points higher in sales totaling 33 700 tons. July through May futures climbed to 1.50 1.75 cents with refined market unchanged at 4.50 for refiners and 4.36 for second hands.
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New York
Dry goods market steady with mixed demand across fabrics
In New York on May 31 cotton goods opened firm with higher ask for print cloths and many finished lines withdrawn. Wool goods showed active demand while sellers resisted bids amid cost and wage uncertainties. Rayon prices remained firm, burlaps steady with weak to moderate business, silk goods saw modest demand.
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New York
Grain Prices in Toledo on Track for May Rates
Toledo grain markets report nominal rates for May with Wheat No 2 red at 77 percent and No 1 red at 78 percent. Corn No 2 yellow lists 44 percent while No 3 yellow shows 43 and a half percent. Oats No 2 white 26 percent and No 3 white 25 percent.
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Toledo
Wheat Market Dips After Unofficial May Estimates
Chicago grain trading today softened as unofficial May estimates suggested crop improvement may lag government figures. Wheat edged lower by about a half to one cent, corn slipped about one cent, oats fell a fraction, while provisions held steady or down slightly.
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Chicago
Baltimore Livestock Market Report May 31 Steady Cattle
Baltimore May 31 cattle sale with 100 head reported steady market. Steers ranged from good to choice, price levels held firm amid active demand. Local buyers showed steady sentiment across classes.
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Baltimore
Market Summary of Cattle Sheep and Hog Prices
Bulk livestock prices shown with ranges for cows heifers and calves. Sheep and lambs listed with steady tone and per head values. hogs and pigs priced per hundredweight with mixed grades. Calves noted steady with good to choice prices and lighter common grades.
Chicago Livestock Prices May 31 U S Dept Report
Chicago livestock market report shows hogs 40,000 with 16,000 direct. Hogs closed lower with top at 5.00 early and 4.90 late. bulk 4.85. Cattle 11,000 and calves 1,500 with fed steers and yearlings strong to 15 higher. steers 5.75 to 7.00. hogs and cattle prices listed by weight class. Sheep 10,000 steady to strong.
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Chicago
U. S. Dept
Sheen
Market Report Prices for Sheep and Lambs
Bid prices show uneven week with weakness in mid grades. Desirable lambs 7.00 to 8.00, best ewes around 2.75, lambs at 9 pounds. Good to choice sheep 6.75 to 8.00, lower grades 6.25 to 6.75.
Jersey City Livestock Market Report May 31
Jersey City livestock figures show cattle for veal and calf sales. steers and cows steady with bulls at 3.00 to 3.75. Vealers strong near 6.00 to 7.00 for desirable lots, 5.75 for southern fed. calves nominal. Sheep and lambs total 10 570 with steady coats and demand. hogs, 39 head direct, market nominal.
MENTIONED IN THIS ARTICLE
Jersey City
New York Poultry Prices and Eggs Report May 31
New York poultry prices show dressed poultry irregular and eggs at 55 759 weak. Fresh chickens 17 24, old roosters 9 12, turkeys 12 21. Mixed colors and special packs listed. standards and commercial standards 144 14 percent. Brown eggs Western standards 144 14 percent. all other whites and browns unchanged.
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New York
Pittsburgh Livestock Market Report May 31
Hogs 2,500 with movement steady to 10 lower. light lights 130-160 lbs 4.40-5.15. 160-200 lbs 5.00-5.30. 200-250 lbs 5.20-5.30. 250-359 lbs 4.85-6.25. Cattle 25 unchanged. steers 900-1300 lbs 5.85-6.25. common 4.75-5.85. heifers 550-750 lbs 5.25-5.50. cows 3.25-4.25. Calves 250 slow. vealers 4.00-5.50. calves 250-500 lbs 2.00-4.50. 500+ 2.00-4.50. Sheep 200 head. lambs 90 lbs and lighter 7.00-8.50. common 4.75-7.00.
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Pittsburgh
Trade Trend expects cotton goods slump in foreign trade
The Associated Press reports exporters have stopped buying gray cotton goods as prices rise above foreign competition. Zinc market strengthens with non ferrous metals, bids range from 4.20 to 4.25 cents per pound in East St. Louis.
MENTIONED IN THIS ARTICLE
East St. Louis
Peterstown Personal Notes From May Social and Visits
Mrs. T. F. Ballard hosted a May 18 party for Eastern Star members and guests. Opie Frazier moved J. Smith furniture to Peterstown, with the family to occupy Clarence Hansberger's property. Myrtle Jervis visits Welch relatives. several local residents hosted and visited across Morgantown Greenville Tenn McComas Athens Welch Mullene and Red Sulphur Springs.
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Order
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Frank Spangler
Harold Witt
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H. D. Cunningham
Virginia Ball
Jenkin Jones
Buddy Barlow
McComea
Bluefield
Bertha Ballard
Chester Harman
Miss Ballard
Lillie Ballard
Lucile Miller
Elizabeth
Red Sulphur Springs
Jerry Lambert
Wilcoe
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