Market declines blot stocks and commodities in one day
Profit taking swept through the New York stock market with widespread losses. Shares fell 1 to 3 points amid heavy volume of 8,587,720. wheat dropped over 4 cents a bushel and cotton closed 90 cents to 1.20 a bale lower. Major losers included American Telephone Consolidated Gas U S Steels Westinghouse Union Carbide Sears Roebuck American Tobacco and American Can, while Nash National Distillers American Sugar Pere Marquette and Studebaker resisted the decline.
MENTIONED IN THIS ARTICLE
New York
American Telephone
Consolidated Gas
U. S. Steels
Westinghouse
Union Carbide
Sears Roebuck
American Tobacco
American Can
Nash
National Distillers
American Sugar
Pere Marquette
Studebaker
Bond Market Hits New High for 1933 on June 3
The bond market rose to another year high on June 3 with total trading at 10,697,000 par value. The Associated Press Standard Statistics average for 60 domestic corporate loans gained ten divisions to 77.6, marking the sixth consecutive new 1933 top. Rail issues led gains while some popular leaders fell about a point.
MENTIONED IN THIS ARTICLE
New York
Associated Press-Standard
Santa Fe
Canadian Pacific Erie
Illinois Central
International Great Northern
Soo” Line
Missouri Pacific
New York Central
New Haven
Pennsylvania
Wabash
Postal Telegraph
International Tele
NYSE Quotations Furnished by Bryan Kemp and Co
Quotations supplied for New York Stock Exchange New York Cotton Exchange New York Curb Exchange Chicago Board of Trade and Richmond Stock Exchange. Bryan Kemp and Company, based in Bluefield West Virginia, provides the data by telephone.
MENTIONED IN THIS ARTICLE
Bryan, Kemp and Company
New York Stock Exchange
New York Cotton Exchange
New York Curb Exchange
Chicago Board of Trade
Richmond Stock Exchange
Train lines listed for potential merger study
A brief listing references major rail networks including Western Union, Southern Pacific, Southern Railway, Chicago and NorthWestern, St. Paul, Rock Island, Colorado and Southern and Baltimore and Ohio as part of transit context.
MENTIONED IN THIS ARTICLE
Western Union
Southern Pacific
Southern Railway
Chicago and Northwastra
St. Paul
Rock Island
Colorado
Southern
Baltimore and Ohio
Globe and Rutgers Fire Insurance solvent and reorganizing
E C Jameson of Globe and Rutgers Fire Insurance says court figures show the company is solvent with assets exceeding liabilities at May 29 market values and that reorganization is underway. American Cities Power and Light stockholders vote June 27 on adjusting investments to market value as of April 29. Paper industry orders in April ran about 10 percent ahead of March with momentum in May per Dun and Bradstreet.
MENTIONED IN THIS ARTICLE
New York
E. C. Jameson
Globe and Rutgers Fire Insurance Company
American Cities Power and Light Corporation
Dun and Bradstreet, Inc
Abingdon
Holston
Washington County
Lebanon
Virginia
Bluefield
Foreign exchange steady in New York market
The New York foreign exchange market posted steady rates with Great Britain at 4.00 percent in dollars and 4.01 on cables, and other major currencies showing narrow moves. International demands listed include Belgium 16.55, Germany 27.75, Holland 47.75, France 4.67, Italy 6.16, and Tokyo 24.76 with several n figures noted.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Rumania
Argentina
Brazil
Tokyo
Shanghai
Hongkong
Mexico City
Montreal
Curb Market Sees Profit Taking and Mixed Moves
Active profit taking dominated the curb market in New York on June 3 with prices closing lower after early gains in utilities. Aluminum Company rose about 8 points while Swift International fell 1. Electric Bond and Share slid 1 1/4 after an initial advance. Utilities eased to modest losses at close. volume reached about 840,000 shares, the heaviest Saturday in some time.
MENTIONED IN THIS ARTICLE
New York
Jssues
Industual
Aluminum Company
Swift International
American Gas
Cities Service
American Superpower
Niagara Hudson Power
Government Bonds and Milk Supply Report
United 8 108 government bonds closed with notes on yields and prices. Treasury 4s and 3s are listed with bid ranges. In a separate item, British milk dealers estimate a yearly loss of 65,009,000 milk bottles requiring replacement.
MENTIONED IN THIS ARTICLE
New York
United
Treasury
Treasury receipts and balances in early June report
Treasury data for June 1 show receipts of 7.625 million and expenditures of 0.185 million, leaving a balance of 362.77 million. Customs duties contributed 0.563 million, in a brief report from Washington dated June 3.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Butter Prices Reported Steady in Chicago Market
Chicago buyers see butter prices barely move on June 3 with fresh 93 score entries and various percentage figures. Centralized votes noted with price indicators around 90 and 9 dollars, reflecting a tight, volatile market.
Pittsburgh Produce Prices and Demand Report
Pittsburgh June 3 report from U. S. and Pa. Depts. Agr shows very slow demand for produce. Apples listed at 7 cars with New York Russet at 2.25 for large, 1.75 to 2.00 for medium. Potatoes 19 cars steady at 100 lb packs with Maine Green Mountains at 1.00. North Carolina bel tress Cobblers 3.90 to 4.15. Butter near 92 score extra and standard 22 percent, 88 score 11 to 88 score 21, bags and cheese unchanged. Poultry unchanged.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S
New York
Maine
North Carolina
Bertress
Market report notes declines in grains and steady provisions
A fragment shows yesterday's finish with bottom figures and small declines in corn and oats while provisions remain unchanged. Percent figures indicate slight drops and a general market lull across agricultural commodities.
Dry goods market muted on prices as silk and burlap firm
In New York the dry goods market showed quiet activity with prices firm for silk goods and burlap. Demand for yarns for August delivery is restricted to sixty percent of full trade requirements pending production prospects and pending legislation in Washington.
MENTIONED IN THIS ARTICLE
New York
Washington
Toledo Grain Prices Report On Track For June Market
Grain on track with nominal figures for June in Toledo Ohio. Wheat numbers drift 74 to 76 cents, corn 43 to 44 cents, oats 24 to 26 cents with No 2 white oats and No 4 yellow corn listed. In store and transit billing attached, prices above track quotations by 4 to 8 percent for oats and wheat. Seed prices unchanged.
MENTIONED IN THIS ARTICLE
Toledo
New York Poultry Market Report Summary
New York markets report prices for white eggs various grades and regions. Live poultry and freight quotes are largely unchanged with mixed colors and standard lines noted and private sale conditions described.
Chicago Grain Prices Slip on Heavy Selling
Chicago June 3 heavy selling kept grain markets without buyer support and sent prices lower as Wheat closed nervous at near session lows.
MENTIONED IN THIS ARTICLE
Chicago
Wool Prices Rise on Firm Demand in Boston Market
U S wool prices remained firm to higher as persistent buying supported medium quality fleece and most territory wools. Trading volume was smaller due to limited supplies and prior purchases by manufacturers, but inquiries for raw wool stayed steady.
MENTIONED IN THIS ARTICLE
Boston
U. S. Dept
Livestock Market Prices from Pittsburgh Report
Cattle and hog prices listed for various weights and grades. Hogs range from good to choice with 4.36 to 5.96 per hundredweight. cattle show mixed good, common and medium grades. sheep and lambs also priced by weight and quality segments. Includes sows calves and yearling figures with regional market notes.
MENTIONED IN THIS ARTICLE
Pittsburgh
Jersey City Livestock Prices Report
Jersey City market summary lines show cattle and veal prices with 1 780 direct cattle, vealers 750 direct, calf values listed as nominal, sheep and lambs totals 13 750 with new crop ewes at 8.65 and bucks 1.00 lower, hogs at 2 190 direct and top at 5.40. Overall steady tone with direct sales noted and market positions described.
MENTIONED IN THIS ARTICLE
Jersey City
N. J
Trade Trend: Food Firms See Notable Distribution Shifts
The Associated Press reports that several large food distributing units are experiencing a significant change in their distribution patterns. Analysts note impact on supply chains and pricing dynamics across major markets.
MENTIONED IN THIS ARTICLE
Associated Press Food Companies
Market Report Shows Mixed Metals and Chemicals Trends
A market summary notes a rise in dollar cases and higher tonnage, with copper trading slackening since hitting 8 cents. Demand abroad declines due to holidays while exports run at about 7.95 cents. Menthol prices ease though heavy chemicals stay firm and active with buyers for potash rising.
Local News From Herndon and Surrounding Areas
Mr Hira Green and three children visit relatives in Greenbrier county for a few days. Dick Lefler of Princeton visits Herndon. C P Shrewsburys visit Lashmeet parents. Blair Shrewsbury visits Spanishburg. Thresa McKinney returns home from Itmann R F C HQ. Bula Gillenwater returns to Princeton after a year with sister Mrs Wallace White. Oliver Basham visits Athens. Mrs I T Duckan, Mrs B L Shelton and Mrs John Thompson shop in Mullens. W R Hall from Princeton spends weekend in town.
MENTIONED IN THIS ARTICLE
Herndon
W. Va
Hira Green
Greenbrier County
Dick” Lefler
Princeton
C. P. Shrewsbury
Lashmeet
B. L. Shelton
Blair Shrewsbury
Spanishburg
Thresa McKinney
Itmann
Bula Gillenwater
Wallace White
Miss Gillenwater
Oliver Basham
Athens
I. T. Duckan
John Thompson
Mullens
W. R. Hall
Also Mentioned on This Page
Ind. R.kutty
Standard Statistics Co
Ind. R.rjutty
Gesenal
High
B. Hancock Invest
Rand
N. Y
James
Mann
Mbmo DR
Bluefield, W. VA
General Amer
People's Gas
Sroctor and Gamble
American Amerit Aes
General Foods
American Teel Fay
General Motors
Bervice
General Ry
Americas
Northern P
Ateo Motors
Dia ‘Armour
Goodyear Tire
Hershey
Uy Armow B&b
Reynolds Mere
Lily Associed Versity
Houston
Roudalie Tiershey Ate
Hudson Motors
Royal Dutch
Auante Refining
Io St. Joseph Wead
Atlas Wder
Hupp Motors
Iinvis Central
Kelvinator Eee Ly
Southern Railway Standard
Cates
Jigaten and Co. Thans
Die
Sue
Kennecott Copper
Rooklyn Man
Resfe . Setae
Iz Standard Oi
Aren Gas
Wee Seieeere i3
wKroger Groe Oa
Standard Oil
Vehn and Bink Seeiaes BM
Studebaker Eae Heen
Banegian Pacific
Ligwett and
Myers B
Texas Corp, Wean
Gerve de Pasco
Texas Gas Bulphur
Chesapeake Corpnhio
Lorillard Tov
Transamerica Corp
Ghesa
Louisville and Nash
Underwood iMiliott
St. P. and
P. Gi
Ohtana
Wiec
Union Carvide Atone
Galeage Northwestern
An Pac
McKeesport
Union Pacific
Croeekd
Uhr Gykh
Boty McKesson and Robbins
United Aircraft , Veer
Commonwealth and
Mack Truck
United Carbonae Oe
United Corpn
Seenee
Col. Gas and Lee
Iathieson
United Gas
Impr
Mexican Seaboard
Uy S Ind
Petros
Pipe
Fdy
Tah Mo
Kaneas
Tex
Congoleum Nairn
Wee As
Vo Montgomery Ward
Continental Can
My Mullens Mig Se Eerere SM
Ok Vanadium Steel Aee Bh i
Continental Insurance
Naeh Motors
Lo Warren Tros
Continental Oil
Biscuit Beteee Eae
Polity
Warner Bros Ee
Nat Cash Register Oy
1St Wesson i .Asses
Crown Cork
Western Maryland
Curtias Wright Oy
Nat. Distillers Oy
Curties- Wright
Westinghouse Lee
Woolworth
Norfolk and Westerh
Worthington Pump
Eastman Kodak
North Amer, Aviation
Wall Street Briefs
L. Alexander
Harry Bowen
H. R. Hawthorne
Arthur J. MacBride
R. L. Wallace
Pocahontas Fuel Company Incorporated
One Broadway
Great Lakes
United States
Tidewater
T New Mas
Mystic Wharf
Boale
Cade
Sandusky
New Bedford
Mass
Portland
Feet
Bivconne
Cincinnati
Ohio
Famelin
Oh Soa
Talent
Olm
Savon & Upd
Sina
Abbociaba i
Bergen
Henry UR Pelal
Bergerun
Toledo Grain
NEW York Poultry
Pacific Coast
Creseet
Chicago Grain
Wool Market
Altamont Rally Corp
Pittsburgh Livestock
Jersey City Livestock
Oppenheim
The
First National Bank
Nina Dog
Nina
Em, Nina
Boots
BY Martin
Mike
Crete
Aary
CAAT
Freckles
BY Blosser
Oscar
Ossie
Mebbe
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