Heavy selling across accounts after Maxwell issue seen
The New York stock market closed with broad selling led by motors utilities and specialties after the Maxwell issue suspension. General Electric fell about five and a half points while several stocks including American Can, Dupont and Mack Trucks dropped heavily. meanwhile Nash, Coca Cola and United States Rubber showed strength and hit new highs for the year.
MENTIONED IN THIS ARTICLE
New York
Maxwell
General Electric
American Can
California Packing
Dupont
General Baking
Laclede Gas
Loose-Wiles Bilacuit
Mack Trucks
Montana Power
F. G. Shattuck
United States
Nash, Moon
United States Rubber First
Fisher Body
Coca-Cola
Cushman's Bakery
Ward Baking B
Tobacco Products
American Telephone
Lackawanna
Lehigh Valley
St. Paul
Southern Railway
Maxwell B
Kennecott, M
Cere de Pasco
Bond Market Opens Strongly Then Slacks in NY trading
In New York on June 4, government and foreign bond prices led the market with early strength but faded as the day progressed. Prices moved mildly lower late, reacting to a unsettled stock market and higher call money rates. The report notes a recent advance in Hungarian securities.
MENTIONED IN THIS ARTICLE
New York
United States
Foreign Exchange Briefs Steady Amid Irregular Quotations
New York June 4 foreign exchanges show irregular quotations in cents. Great Britain demand 4.8511 16, cabies 4.56116, sixty day rates cited with minor fluctuations in the market.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Cabies
Stocks Drift In A Choppy Session Across Major Exchanges
Reading, Lehigh Valley and Pennsylvania lines among listed carriers trade as investors scan for clues. Railway and steel names show scattered moves while energy and consumer plays exhibit mixed results amid broad market indecision.
Global currency demand and rates listed for multiple nations
A compilation of demand and currency rates shows values for France Italy Germany Norway Sweden Denmark Switzerland Spain Greece Poland Canada Slovakia Yugoslavia Austria Romania Argentina Brazil Japan China Canada and others with varied percentages and figures including 4.81 18-16 and 490 percent alongside 4.79 and 41 percent in Tokyo.
MENTIONED IN THIS ARTICLE
Billi
France
Italy
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Careaho-Slovakia
Jugo-Slavia
Cattle and hog markets soften amid uneven bids in Chicago
Chicago cattle receipts 11,000 with fair to good grades. top heavies around 11.60 and 11.40, better fat cows firm to high. Hogs receipts 31,000 with steady to slightly lower close. good and choice 12.16 to 12.35, top 12.40. Sheep receipts 16,000. fat lambs 26c lower, best westerns about 15.40 to 16.40, yearlings near 13.60. Estimated holdover 12,000.
MENTIONED IN THIS ARTICLE
Chicago
Market Brief Notes on Odd Lots and Heavies
A brief market update notes odd lots trading up to 6.50 while heavies trade down to 4.50 or lower. Prices shown include bulk figures of 12.76 and 13.26 with unspecified context.
Sugar Market Tones Up as New York Prices Rise
In New York sugar trading June 4 a cautious tone dominated with spot prices steady at 4.82 in duty paid terms while shipment raws advanced. Sales included 35,000 Cuban bags for prompt June at 4.43, 20,000 Cuban bags for July at 4.46, and 7,000 Philip bags for July and August. Futures were lightly traded with prices ending few points higher. July 2.70, September 2.83, December 2.88, March 2.89. Refined sugar unchanged though demand remains good. granulated ranges 5.65 to 6.70.
MENTIONED IN THIS ARTICLE
New York
Philip
New York Dry Goods Market Steady Amid Price Shifts
Cotton goods held steady as mills trimmed bids while yarns rose up to a cent a pound. Floral prints, printed broadcloths, and silk cotton prints stayed in demand. burlaps strengthened. May raw silk import totals exceeded 200000 bales, 67000 more than last year, with mills increasing curtailment.
MENTIONED IN THIS ARTICLE
New York
Wool Trade Improves Slightly as Prices Steady
Boston June 4 report notes marginal gains in wool business with actual sales still limited and market activity uneven. Analysts cite cautious buying and steady prices as influencing the slower turnover across mills and merchants.
MENTIONED IN THIS ARTICLE
Boston
Truste es Sale of Coal Property in Princeton West Virginia
Notice of sale by trustee H Lilly due to default on a 756000 mortgage. The entire principal and accrued interest are declared due. Public auction at the Mercer County Court House front door Princeton WV on July 3 1925 at 10 o clock. Property includes coal mining lands, improvements, machinery and appurtenances in Wyoming County referenced in the deed of trust.
MENTIONED IN THIS ARTICLE
Mith-Pocahontas Coal Company
H. Lilly
J. H. Lilly
Mercer County Court House
Princeton
West Virginia
Hes Gage
Smith- US
Mortgee
Wool Market Report Shows Firm Prices and Demand
Mills show restricted buying with some speculative interest. Domestic wools like delaines meet fair demand at firmer prices with small lots selling at 48c grease, and top wools still sought up to 50c. Foreign wools remain quiet yet firm, with prices unchanged from yesterday.
Grain Prices Rise on Hot Kansas Winds
Chicago grain markets surged as adverse domestic crop conditions, led by torrid Kansas winds, pushed prices higher. September and December wheat contracts reached season highs, closing 2 1 4 to 4 1 2 cents higher on the day.
MENTIONED IN THIS ARTICLE
Chicago
Kansas
Market Fluctuations Mention Grain and Provisions Shifts
The report notes mixed movements in commodities with July at 1.68 to 91.68 percent and September at 1.63 percent to 1634. Oats show small increases around 1 percent while provisions vary from slight declines to gains.
U S Government Bonds Close Mixed On New York Market
Bond prices closed with Liberty 3s at 101.1 and various Liberty and Treasury issues in the 102 area. Liberty first 4s 102.11, second 4s 101.9, third 4s 10216, fourth 4s 102.16, Treasury 48 102.21, Treasury 4s 106.80.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Treasury
Call Money Rates Steady in New York Market
The New York call money market shows steady rates with the ruling rate at 8 percent. Call loans against acceptances stand around 83 percent, time loans are steady at 3 to 4 percent with mixed collateral for 60 to 90 days, and prime commercial paper remains scarce.
MENTIONED IN THIS ARTICLE
New York
Poultry Prices and Active Debt Collectors Mentioned
New York June 3. Live poultry firm reports broilers by freight 35 to 42 cents, by express 32 to 48 cents, fowls by express 29 to 31 cents. Dressed poultry prices weak and unchanged. Parker question about active life. Millbank notes debt collectors keep him on the jump.
MENTIONED IN THIS ARTICLE
Express
Parker
Millbank
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Fosdick
Nhe
Ees
Terre Haute
Southern Pacific
Illinois Central
Ourompany
Indus
Amours
Ceysta Bock Co. and Coke Co
American Finance Corporation
Common American Finance Corporation
Preferred Bank of Wyoming
Mullena Carland Development
Elkhorn Valley Grocery
Little War Creek Coal Co
Mead Coal Co
Milams For Coal and Land Co
Pocahontas Coal Land
Pocahontas Push Co
Premier
Red Ash Coal Co
Inceton Power Co
Sterling Hardware Co
Bluefield
Bristol
Erie St. Mbus
Portemouth, O. Og Rine Ste Dee
Teteee
Pennsylvania
Phila
Reading
Selon
Ludebaker
Hiiola Central Int
Mar
Kelly Spield
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Worthern ‘Pacific
International Harvester
Kennecott Pret
Cc Can Mack
Gratgomery Ware
Hartford
Norfolk and Western
Pacific
Pan
Fe Petroleum
Caliorai
Eeew Electric
Citizens Underwriters Agency
Ray Evans
Mgr
Call 291
Peery Bldg
Es Holder
Newt Shes Are
Arin
Stanley
MLEG
Bruno
Nixon Paint Co
Blosser
Will
J H Lilly
Bluefield National
Bliveerieu D
W.va
Gov’t Bonds
Ettery Cottery
Wall Street
Edward R. Jubling, William F. Toney
The
First National Bank
Bluefield, W. Va
Consultus
Community “Loan Company
Bland Street
W. C. Neikirk
Secy & Treas
Isaac T. Mann
James Elwood
A. J. McBride
Mgr. Sales
C. L. Alexander
Jones
Thomas F. Farrell
H. R. Hawthorne
Pocahontas Fuel Company Incorporated
Pocahontas
Tidewater
Grent Lakes
Poccahontas Fuel Company Incorporated
Tere
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Toledo
London
Moxey, Savon & Co, Ltd
Lime Street Square
E. C
England
Henry Coe & Clerici
Piazza
Pocahontas Fuel Co., Inc
N. Y
Watkins, Scott
Western Union
Lieber's
Tina