Market tumbles to fresh lows in three million share session
New York June 1 stock market resumes decline with three million shares changing hands as rails, utilities, and industrials fall. Major issues drop 3 to 6 points, averaging a 4.9 point loss, amid lack of favorable news and thin bids.
MENTIONED IN THIS ARTICLE
New York
U. S. Steel
American Telephone
New York Central
Baltimore & Ohio
Southern Pacific
Illinois Central
Eastman Kodak
National Biscuit
Consolidated Gas
North American
Norfolk & Western and Central Railroad
New Jersey
Auburn
General Motors
General Electric
Annecott
Natorial Dairy
Call Money Rates Steady in New York Bond Market
New York June 1 call money holds at 11 percent all day. Time figures show 60 days at 11 4, 3-4 months 11 2, 5-6 months 11 2 1 percent. Prime commercial paper at 22 percent. Bankers acceptances unchanged at 30.
MENTIONED IN THIS ARTICLE
New York
Pankers
Hancock Investments and local firms listed in Bluefield notices
Bluefield notices show C B Hancock Investments at First National Bank Building and several local businesses such as American Coal Co Mullens Grocery Crystal Block and Mining Co with amounts like 82.00 and 70.00. A June 1 market service appears with 10 percent noted, Indian Territory oil closed on June 1 with 10 percent.
MENTIONED IN THIS ARTICLE
C. B. Hancock Investments
Bluefield
West Virginia
First National Bank
Blo American Coal Co
Shees Coal & Coke Con
Mullens ‘Grocery
Bessessee
Indian Territory
Study Summaries On Time Frames And Percentages
An abstract note lists several time frames with fixed percentages and durations. Mentions 60-90 days, 4 months, and 5-6 months with 1 percent markers. No names, places, or organizations provided.
Treasury plans boost bond market while losses spread
The United States treasury financing plans were viewed favorably causing new issue bonds to rise above par and reach 100% by day’s end. Meanwhile losses dominated across groups with several new low prices, though high grade bonds fell less than speculative issues.
MENTIONED IN THIS ARTICLE
New York
United States Treasury
Treasury Receipts and Expenditures for May Released
Treasury reports May receipts totaling 3,779,859.90 with expenditures at 41,873,459.95 and a balance of 45,123,074.72. Customs receipts through May 28 reach 26,210,152.34, reflecting month end totals.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Foreign Exchange Rates Across Nations and Cities
New York June 1. Foreign exchanges show irregular trading with Britain at 4.869 16 dollars and 60 day bills at 4.849 32. France quotes 3.91 16 and 3.92, Italy at 56.23% with cables 5.23. Additional demands listed for Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Yugoslavia Austria Romania Argentina Brazil Tokyo Shanghai Montreal Mexico City with fluctuating figures.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Czecoslovakia
Jugoslavia
Austria
Rumania
Argentine
Brazil
Tokyo
Shanshai
Montreal
Mexico City
Dry Goods Market Quiet as Cotton Break Dampens Trade
In New York on June 1, cotton goods opened very quiet due to the break in raw cotton markets. Prices remained easy across most lines while rayon production is expected to hold near current averages through summer. Burlaps opened firm and knit goods markets saw strong prompt demand for bathing suits. Wool goods opened steady.
MENTIONED IN THIS ARTICLE
New York
Auto output climbs with May totals across big U S firms
Automobiles trade report shows Buick at 9 258 cars in May, Chevrolet 113 852 units, Graham Page 4 005, Reo 1 737 units, with March to May shifts. Petroleum markets hold steady with crude at 83.9 cents a barrel and refinery gasoline near 4.125 cents per gallon.
MENTIONED IN THIS ARTICLE
Associated Press
Buick
Chevrolet
Graham-Page
Reo
Butter Prices Steady After Holiday Trading
Chicago June 1 butter prices held firm as trade remained fair after the holiday. Fresh 93 score 24 percent and 92 23 percent led, with 91 23 and 90 22 noted. central 90 score 24 and 89 23 alongside 88 21 percent.
MENTIONED IN THIS ARTICLE
Chicago
Flour Steady in New York Markets
Flour prices in New York on June 1 showed steady trading with no major changes to values across central market segments. Traders noted stable demand and consistent supply levels amid general market steadiness.
Market quotes and exchange officers listed
The notice lists New York Stock Exchange quotations and associated exchanges with managers and assistants including James E. Mann as NYSE manager and Jack R. Younger as Chicago Board of Trade assistant manager. It notes roles for New York Curb Exchange Richmond Stock Exchange and the New York Cotton Exchange.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
New York Curb Exchange
Richmond Stock Exchange
New York Cotton Exchange
Chicago Board of Trade
Toledo Grain Prices Hold Steady in Cash Markets
In Toledo on June 1, grain prices for wheat corn and oats remained firm. Wheat No 2 red quoted around 1.64 to 1.78, corn No 7 yellow 55 to 56, oats No 2 white 28 to 29 with other grades slightly lower. Seed stocks in warehouse listed. red clover cash contracts steady at 13.75, new at 14.00 with October 14.25 and December 14.50. choice cash old 14.00 and new 14.25. Alsike prime cash 14.00.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Choice
Alsike Prime
Unclear eggs data scene from Cincinnati broadcast
Fragmentary report from Cincinnati dated June 1 lists numbers and times about eggs and firerelated items with scattered figures including sixteen and fourteen. No clear event or subjects identifiable.
Sugar futures mixed as demand stays near term
Raw sugar traders faced unsettled markets in New York on June 1 with futures irregular and a 29,060 ton sale. July 1.20, September 1.27, December 1.37, January 1.88, March 1.44, May 1.51. Refined sugar held steady and demand remained moderate and near term.
MENTIONED IN THIS ARTICLE
New York
Grain Market Declines With Government Purchases
Chicago grain prices fell as stock market weakness dragged down wheat corn and oats. Government cash wheat buying at peg prices above July futures cushioned losses while drought concerns from Canada and western states were largely ignored. wheat closed down 1 to 1 1/2 cents, corn 1 1/2 to 2 cents, oats 4 to 4 1/2 cents, and provisions up 12 to 25 cents.
MENTIONED IN THIS ARTICLE
Chicago
Canada
Dakotas
Montana
Poultry Prices and Egg Market Report New York June 1
New York poultry markets show dressed irregular chickens at 28 to 41 cents a pound, frozen hens 26 to 38, fowls 18 to 27, old roosters 12 to 17, fresh turkeys 25 to 44, ducks 16 to 19, eggs 21,910 cents per dozen uncettled. Regular cried mixed colors demand 20 to 21 cents, extra first 18 to 19, medium firsts 15, nearby and western hennery whites fetch 22 to 24, brown varieties 19 to 25, Pacific coast whites 24 to 25, naturals 22 to 26 cents.
MENTIONED IN THIS ARTICLE
Adams Express
Johns-Manville
Kennecott Copper
Alleghany Corpn
Krueger and ‘Tollemeeee
Allied Chemical O
Kroger Groc
Wee Ewe Wwens
Allie Chalmers
Osae A
Lehn and Fink
Liggett and Myers
Lowe's Inc
Louisville and Nash
American Rolling Mills
Ludlum Steel
McKeesport Tin
American Steel
McKesson and Robbins
Mathieson
Miami
Armour
Kans
Tex
Montgomery Ward Anew Wenn
Ase
Nash Motors
Atchison, T. and
F. Ry
Nat. Biscuit
Atlantic Coast Line
Nat. Cash Register
Dai
Auburn
Aviation Corpn
Nevada
Baldwin Loco
Y. Central
Ceccassassueccn
Balto
Brooklyn-Union Gas
Pan-Amer. Pet
Briggs Mfg
Paramount Publix
Byers Pipe
Calif
Awe Eownes
Calumet
Arizona
Penick and Ford
Phillips Pet
Cerro de Pasco
Pillsbury
Chesapeake Corpn
Prairie Pipe Line
Ches
Ohio
Proctor and Gamble
Hicago Great Western
Public Service N. J
Tay Chicago
Mil
St. P
Pac
Pulen Oo
Chicago Northwestern
Boricd
Nc Masseegerncn Petal Bdlibiem Sativisies
Chicago, R
Radio Corpu
Chrysler
Keith Orpheum
Coca-Cola
Nccasihdeetoums Carbiaela Isibiastia
Colorado Fuel and Iron
Remington Rand Oe
Royal Dutch Oot
Royal Dutch Oot Eee Ene
Congoleum Nairneery
St. Joseph
St. Louis
San Fran
Continental Insurance
Seare Roebuck
Continental Motors
Buck -Circannowatwennpeienbes
Continental Oil
Shell Union Oil
Simmons
Crucible Steel
Sinclair Oil
Curtiss-Wright
Southern Calif. Edison
Curtiss-Wright “A
Davison Chemical
Southern Pacific
Delaware and Hudson
Southern Railway
Drug. Inc. Wae
Eee
Ees Standard
du Pont
Eastman Kodak
N. J. Ween
Standard Oil N. Y
Stewart Warner
Texas Corp
Fox Film
Texas Gulf
Freeport Texas
Texas Pac
General Amer
Transamerica Corp
General Electric
Underwood Elliott
General Foods
Union Carbide
General Motors
United Carbon
Ooo
Glidden Co
United Corpn
United Gas
Graham Paige
Pipe and Fay
Great Northern
U. S. Realty
Grigsby Grunow
Goodrich
Goodyear Tire
Gulf States Steel
Ee Steel
Rene
Hayes Body
Hershey Chee
Warner Pictures
Ward Baking
Houdaille Hershey Ee
Warren Bros
Houston Oil
Wesson Oilee
Hudson Motors
Western Maryland
Hupp Motors
Western Union
Illinois Centra
Westinghouse Airbrake
Westinghouse Elec
Combustion Eee
Willys-Overland
Harvester
Woolworth
Youngstown Sheet and Tube
Inland Steel
New York
Western
Pacific Coast
Pittsburgh
U. S
Don Davis
Alabama
Louisiana
Texas
Maine
Green Mountain
South Carolina
Hennery
New York Curb Market Slips to 1931 Lows in June Trade
Leading curb shares begin June at new 1931 minimums as heavy selling drives down oil and utility issues. American Gas and Electric, American Superpower, American Light and Traction, and Middlewest Utilities hit new lows, with Gulf, Standard of Ohio, Humble, and Vacuum also sliding. Cities Service and Standard of Kentucky show mixed results. Aluminum of American, Deere, and Great Atlantic and Pacific non voting fall.
MENTIONED IN THIS ARTICLE
New York
American Gas and Electric
American Superpower
Common
Preferred
American Light and Traction
Middlewest
Gulf
Standard of
Ohio
Humble
Standard
Kentucky
American
Deere
Great Atlantic and Pacific
Produce Prices Report From Pittsburgh June First
A June first market summary from Pittsburgh shows modest demand across produce categories. Apples, cabbages, onions, potatoes, bananas, and various regional lots are listed with specific weights, crates, and price ranges, along with dairy and poultry item quotes and condition notes.
Chicago Livestock Prices Report June 1
Hogs 40 000 with 17 000 direct. steer and sow price ranges across weights. Cattle and calves show gains from 10 to 40 cents for various classes. top yearlings at 8.25, heavies near 7.75. Slaughter cattle and vealers mixed, with weight bands and price brackets listed.
MENTIONED IN THIS ARTICLE
Chicago
U. S. Dept
Live Stock Market Report Summary
Market ranges for cattle and sheep listed by weight and condition. Cattle: cows good to choice 4.00 6.00, bulls 3.75 4.50, vealers 7.50 9.00, stockers 6.00 7.00. Sheep: lambs 9.00 10.50, ewes 1.75 3.00, common to medium 1.60 2.00. weights include 600 1300 lbs for cattle and 18 90 lbs for sheep.
MENTIONED IN THIS ARTICLE
California
Pittsburgh Livestock Prices Board June 1 Report
U S Department of Agriculture notes hogs at 2.30 to 6.60 per cwt with steady to higher bids for various weights. Cattle and calves show slower demand with mixed results. steers, bulls, and heifers range broadly from about 2.35 to 7.00 per cwt. Sheep and lamb markets remain mixed with lambs and yearlings showing gains and lighter sheep softer.
Day News Briefs Highlights from Around the World
Paris reports Doumergue marries as Moscow and Tokyo note aviation news. In Mineola Francis Crowley faces a July 5 deadline for killing a policeman. Cleveland banker Reese B Jones gets seven years in misappropriation plea. Vatican and Italian government talks loom after Pope Mussolini meeting. Western Pennsylvania coal rates case challenges ICC coal rate differentials. Valparaiso hands Virgil Kirkland one to ten year sentence for killing his sweetheart.
MENTIONED IN THIS ARTICLE
Paris
Doumergue
Mwe
J. Graves
Tokyo
Thomas Ash Jr
Pacific
Mineola
N. Y
Francis Crowley
Cleveland
Reese B. Jones
First State Bank of
Newton Falle
Rome
Vatican
Pope
Mussolini
Washington
Pennsylvania Coal Traffic Bureau
Interstate Commerce Commission
Valparaiso
Ind
Virgil Kirkland
Baltimore Livestock Prices Report
Baltimore cattle and hog market report for June 1 shows steers: 5.25 to 7.50, cows 2.00 to 5.00, heifers 5.50 to 6.50, fresh cows 20.00 to 60.00, sheep 1.00 to 3.00, lambs 6.50 to 10.75, hogs varied with lights 6.75 to 7.00 and heavies around 6.65. Calves sold 4.00 to 8.50. receipts 2,600 sheep, 2,800 hogs, 550 calves.
MENTIONED IN THIS ARTICLE
Baltimore
New subsidiary planned by General Foods Montreal unit
General Foods Ltd Canadian affiliate plans a new subsidiary with a Montreal base and factory as part of an exchange proposal affecting American-La France and Foamite notes. The plan includes exchanging old notes for new five year 5 percent notes due 1936 and paying cash premiums on par value.
MENTIONED IN THIS ARTICLE
New York
Minute Topicoa Company, Ltd
Montreal
General Foods, Ltd
General Foods Corporation
American-La France
Foamite Corporation
Peseta Recovers On Sudden Upward Turn
Madrid reports the peseta bounce from a record low of 12.60 per dollar to around 11.76 amid optimism a government veto on expanding banknote circulation beyond 100 000 pesetas may ease the mood. Bank of Spain directors meet to place about 1 million dollars from the gold reserve at the government's disposal.
MENTIONED IN THIS ARTICLE
Madrid
Indalecio Prieto
Bank of Spain
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List
Aoore High
Standard Statistics Co
R.R.\Atty
United States
Liberty
W. VA
N. Y. Stock Exchange
Bryan, Kemp and Company
West Virginian Hotel
Bluefield, W. VA
James EF. Mann
Jack R. Younger
Toledo Grain
Cincinnati Produce
Cincinnati
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Game Today
Ars. Fallow
ME - Min
Chicago Grain
NEW York Poultry
Chicago Livestock
I.ivestock
The
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Wall Street Briefs
C. C. Dula
Liggett and Myers Tobacco Company
Liggett and Myere Tobacco Company
Dula
Col. B. 8. Gorrell
Stats Motor Car Company of America
Indianapolis
Peseta
Isaac T. Mann
Janes Filwood Jones
Otie Alexander
Arthur J. MaccBride
N .L. Wallace
H. R. Ashthorne
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Moxey, Savon & CO
Lime Street Square
London
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England
Coal Trading Association
Rotterdam
Frederick Gundersen
K Pinto Basto & Co.,, Ltd
Lisbon
Henry Coe & Cleric
Lomellini
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Arthur Fruldin
Drottninggatan
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