Stock Rally Extends but Fails to Sustain Early Gains
New York stocks rose in broad trading as short covering continued but gains faded after early strength. Major movers included International Business Machines, Eastman Kodak, and American Can, with rail shares leading later in the session amid mixed results and cautious commentary on earnings and market fundamentals.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Great Northern
Eastman Kodak
International Business Machines
Steel
American Telephone
Westinghouse
American Can
Consolidated Gas
Bonds Bond Market Averages
A brief market note from 1931 reports on average bond values and trading activity as compiled by Standard Statistics Co. The summary notes shifts in indices and overall demand in the fixed income market during the period.
MENTIONED IN THIS ARTICLE
Standard Statistics Co
Rail and bond markets rise on June trading in New York
In New York on June 4 the bond market advanced with the average for thirty representative bonds rising 0.6 to 93.3 and the rail average up 1.4 to 98.3. Treasury and liberty issues closed higher after dull trading. rail issues led gains while other groups also moved.
MENTIONED IN THIS ARTICLE
New York
Treasury
Liberty
Financial items and stock movements across utilities and trusts
The record lists several securities including American Coal Co at 65.00, Crystal Sick Cost and Coke access 83.00, Crystal Block mining company Mullens Grocery at 170.00, Fundamental Trust Shares A and B, and Cities Service Common. It notes June 4 closings for Indian Territory and market activity with an 11 percent figure and a 0 percent marker.
MENTIONED IN THIS ARTICLE
American Coal Co
Coman Mullens
Fundamental Trust
Indian Territory
Market Wrap Highlights Mixed Industrial, Utilities Shifts
The widest gains appeared in foreign obligations while industrial issues were largely unchanged. Utilities demonstrated notable strength as trading summary notes mixed sector performance.
Foreign exchange rates in New York on June 4
Irregular trading abroad shows Great Britain at 4.869/16 dollars with cables at 4.8611/16 and 60 day bills at 4.8413/16. Other currencies quoted include France 3.9111/16, Italy 5.23% and 6.23% on cables, Belgium 13.92, Germany 23.73, Holland 40.24, Norway 26.77, Sweden 26.79, Denmark 26.78, Switzerland 19.39, Spain 9.54, Portugal 4.49, Greece 1.29 9/26, Poland 11.21, Czechoslovakia 2.96, Yugoslavia 1.77, Austria 14.05, Romania 0.59, Argentina 30.25, Brazil 7.25, Tokyo 49.35, Shanghai 28.50, Montreal 99.923/16 and Mexico City gold peso 49.40.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Czechslovakia
Jugoslavia
Austria
Rumania
Argentine
Brazil
Tokyo
Shanghai
Montreal
Mexico City
Adams Express
Owen
Johna-Manville
Kansas City Southern
Wwenweeene
Kelvinator
Alleghany Corpu
Eeebauasons
Kennecott Copper
Allied Chemical
Krueger and Toll
Aeen Wenn
Allis Chalmere
Kroger Groce
Smridste OO
Liggett and Myers
Lowe'n Inc
Wesc Oen
Louisville and Nash
American Rolling Mills
Lou. Gas and Elec
American Smelting
Ludlum Steel
American Steel
McKeesport Tin
McKesson and Robbins
Mack Truck Ee
Au Armour
Armour
Miami
Atchison, T
Atl
ROD Cqncnscessecessuccanensa
Nash Motors
Atlas Powder
Nat. Biscuit
Auburn Auto
Nat. Cash Register
Aviation Corpn Enone
Baldwin
Distillers
Balto
Ohio
BarasGall A.nncas
Nevada
Bendix Aviation
N. Y. Central
Thy SO Hestab CO
Norfolk and Western
Bethlehem Steel
North Amer. Aviation
Borden and Co
North American Co
Brooklyn-Union Gas
Eeeese
Otis Elev
Oliver Farm Equip
Elec
Calif
Calumet
Arizona
Packard Motis
Paramunt Publixes
Pi Canada
Eeee
Pathe Exchange
Hee
Canadian Pacific
Cerro de Pasco
Poumor, d
Phillips Pet
Chicago, Mil
St. P
Pac
Pillsbury Plur
Chicago Northwestern
Prairie Pipe Line
Wig -T
Chicago, R. I. and
Pretr and Gamble
Chrysler
Public Service N. J
Coca-Cola
Pullman
Colorado Fuel and Iron
Commonwealth and
Southern
Reo Motors
New Ewwee
Republic Steel Oe Eee
Congoleum Nairn
Reynolds Metals
Reynolds Tob
Continental Baking A
Royal Dutch
Continental Can
St. Joseph
Continental Insurance
Louis
San Fran
Continental Motore
Board Air Line
Continental of
Sears Roebuck
Crucible Steel
Southern Calif. Edigon
Delaware and Hudson
Southern Pacific
Southern Railway
Eastman Kodak
Standard Oil N. J. Eee
Erie Eewn
Freeport
Texas
General Amer, Tank
Texas Corp
Texas Gulf Sulphur
General Asphalt
Texas Pac
General Electric
Timken Roller Bearing Ee
General Foods
Transamerica Corpu
Wee Ee Enw
Nnn Ser
General Motors
Underwood Elliott
General Pub. Service
Union Carbide Ee
General Ry
Signal O
Union Pacific
Gillette Safety
United Aircraft
Glidden Co
United Carbon Weemeew
Great Northern
U. S. Pipe and Fdy
Grigsby Grunow
Goodrich
U. S. Realty Wrewnne
U. S
Goodyear Tire
Gulf States Steel
Utilities Power and Lt
Hayes Body See
Vanadium Steel
Hershey Choc
Virginia and
Caro, Chem
Houdaille Hershey
Abash
Houston Oil
Ward Baking
Hudson Motors
Warner Pictures
Hupp Motors
Western Maryland
Illinois Central
Western Union
Westinghouse
Worthington Pump
Yellow Truck Inland Steel
Youngstown Sheet and Tube
Call Money Rates Steady in New York Market
New York on June 4 call money remained firm at 1 percent throughout the day. Time loans held at 1 to 2 percent across 60 days to 8 months, with 4 to 6 months at 1 percent. prime commercial paper at 2 percent. Bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Treasury Receipts and Expenditures Report
Treasury receipts for June 2 totaled 84,928,174.49 with expenditures of 10,625,641.18 leaving a balance of 110,425,490.22. Customs receipts for the first two days of June amounted to 2,416,941.04.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Government Bonds New York Liberty 3s Quoted
United States government bonds reported in New York on June 4 4 Liberty 3s were quoted. The market coverage notes bond activity and yields for treasury issues.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Sugar prices ease on New York market
Raw sugar eased with spot prices down 1/32 cent to 3.20 on June 4 in New York. Spot duty paid. Futures showed nervous irregular trade with approximate sales around 24,100 tonnes. July at 1.16, September 1.23, December 1.32, January 1.34, March 1.39, May 1.45. Refined steady.
MENTIONED IN THIS ARTICLE
New York
Butter Prices Slip as Market Closes Steady
Chicago June 4 butter prices fell about four percent with modest declines across scores. Fresh butter values ranged from 89 to 93 scores, while centralized lots posted similar reductions, leaving the market near steady at close.
MENTIONED IN THIS ARTICLE
Chicago
Pittsburgh Produce Market Report June 4
Produce demand slow with mixed prices across categories. Apples for New York Baldwins and Buscets range 2.15 to 2.25 per bushel, cabbage steady at 2.00 per 100 lb crate, onions steady with Texas crates and sacks priced between 1.00 and 1.50, potatoes steady with old stock Maine Green Mountains at 1.65 to 1.75 per 100 lb sack, new stock Bliss Triumph 1.65 to 2.85, butter prices noted for nearby tubs and standards, kegs cheese and poultry up.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S
Depts
New York
Alabama
Mississippi
Tennessee
Texas
Maine
Green Mountains
Louisiana
North
South Carolina
Cincinnati Produce Egg Market Update
Cincinnati June 4 egg report shows steady prices for extra firsts at 1544 per case with a 14 percent skate, seconds and nearby ungraded eggs also steady at 14 and 15 respectively.
MENTIONED IN THIS ARTICLE
Cincinnati
Cotton goods markets steady but mixed as trade picks up
New York reports indicate quiet cotton goods activity with firmer gray cloth prices following a higher cotton market. Retail trade is aiding demand while low grade rayon yarns show irregular pricing and silk goods remain price pressured. Burlaps trend easier.
MENTIONED IN THIS ARTICLE
New York
Toledo Grain Prices and Seed in Warehouse Notes
Cash grain on track with No 1 red 74 75 and No 2 red 73 74 for Toledo on June 4. Corn No 2 yellow 56 57 percent, No 3 yellow 55 56. Oats No 1 white 28 14 29 4 and No 3 white 27 4 28 4. Red clover contracts quoted October 14.00 and December 14.25.
MENTIONED IN THIS ARTICLE
Toledo
Voor
Intensified drought complaints from Canada amid midwest drought
Chicago grain market report notes growing drought complaints from Canada impacting supply forecasts. Weather concerns raise worries for harvest prospects and pricing as traders watch moisture conditions across prairie regions.
MENTIONED IN THIS ARTICLE
Chicago
Canada
NY Exchange Quotations and Cotton Board Update
Brief listing of New York Stock Exchange quotations and commodities notes from Bluefield West Virginia. Includes New York Cotton Exchange and Chicago Board of Trade references with JACK R. YOUNGER as Assistant Manager.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
Chicago Board of Trade
Wheat Prices Rise on Market News and Damp Wheat Outlook
Canadian wheat harvest shows deterioration due to moisture, with quality concerns. Prices firm at day’s top figures with corn up about one half to one cent, oats about four percent higher, and provisions down 15 to 27 cents.
Baltimore Livestock Prices Reported for Cattle and Sheep
Baltimore cattle receipts total 100 with steers and heifers listed across quality ranges. Prices show good to choice steers 7.25 to 7.50, cows 4.50 to 5.00, heifers 6.00 to 6.59, with fresh cows and springers noted at 30.00 to 60.00 and sheep and lambs receipts 250.
MENTIONED IN THIS ARTICLE
Baltimore
Livestock Market Quotations Across Grades
The report lists sheep with prices from 1.00 to 10.00 and hog receipts at 400. Light hogs fetch 6.75 to 7.00, heavies 6.00 to 6.65, mediums 0.75 to 7.00, roughs 4.00 to 5.39. Cattle show calves around 4.00 with various flourishes in the text.
Chicago Livestock Prices Move Higher on Broad Demand
Chicago numbers show cattle and calves firm to higher with select weights up. Hogs gain 6 to 20 cents on heavier lots, sows softer in places, while sheep and lambs slip 60 cents to a dollar. Trades active across heavies, light hogs, and medium cattle as buyers seek better cuts.
Pittsburgh Livestock Prices Summary
Pittsburgh market report shows cattle, hogs, calves, and sheep trading with varied grades. Demand steady for light and light weight hogs, steers and heifers range from about 3.59 to 6.76 per cwt, cows down to 2.35, veal milk fed at 7.25 to 9.00, lambs 5.95 to 10.50, and yearling weights 4.00 to 7.00 per cwt depending on grade and weight.
MENTIONED IN THIS ARTICLE
Chicago
U. S. Dept
Pittsburgh
New York Poultry Market Report Summary
New York market notes poultry dressed steady live poultry steady broilers by express 22 37. Eggs total 29 412 bun firm. Prices shown for mixed color regular packed seconds 16 16 percent. Nearby western brown regular packed closely. Pacific coast white shell treated extra 26 14 27.
MENTIONED IN THIS ARTICLE
New York
Express
Pacific Coast
Curb Market Sees Continued Rise On Utilities Leadership
New York curb market gains persisted with 550000 shares traded, down 50000 from yesterday. Utilities led today with Electric Bond and Share up 13 4, American Power warrants and others strong. Aluminum of America climbed while Mead Johnson Newmont Mining and Technicolor gained, as petroleum issues edged higher late.
MENTIONED IN THIS ARTICLE
New York
Power Company Eshares
Electric Bond & Share
American Light & Traction
Central States Electric
Electric Power Associates A
Middleweight
Standard of Kentucky
Vacuum
Cities Service
Gulf and
Humble
Du Pont Expands Buffalo Cellophane Plant
Du Pont de Nemours and company plans a Buffalo New York plant expansion costing about 2 million dollars. The move adds to existing cellophane facilities in Richmond Virginia and Old Hickory Tennessee.
MENTIONED IN THIS ARTICLE
New York
Dupont Cellophane Company
BK. 1
du Pont de Nemours and Company
Buffalo
N. Y
du Pont
Richmond
Old Hickory
Tenn
Trade Trends Shows Broad Decline in Commodity Prices
Bradstreet's index slid 3 percent in May to 8641 the lowest since June 1914. Over 20 months since Oct 1929 the index declined nineteen times, rose once on April 1. Declines across nine commodity groups drove the drop, with minor gains in fruit and naval stores while chemicals coal and coke held steady. Copper prices fell another quarter cent, with export demand weak. steel saw scrap price drops but some regional gains in melting steel, and buyers seek 12 to 15 million pounds at the 8 cent level but this demand remains elusive. Overall, industrial markets show mixed signals but little upward momentum amid quiet eastern markets.
MENTIONED IN THIS ARTICLE
Associated Press
Bradstreet
Pittsburgh
St. Louis
Chicago
Life Guard Training Aimed At West Virginia 4-H Camps
Commodore W E Longfellow arrives at Jacksons Mill to urge life guard stations in every county Four H Camp in West Virginia. Fifty registered as volunteer leaders’ conference opens with life saving classes and other sessions. John L Alexander Waite of the American Youth Foundation also present. Classes cover handicraft art metal and wood work.
MENTIONED IN THIS ARTICLE
Clarksburg
W. Va
West Virginia
Commodore W. E. Longfellow
Washington
American Red Cross Life Saving Institute
Jackson's Mill
Longfellow
John L. Alexander
Waite
St. Louie
American Youth Foundation
People's Bank of Ridgley Closed by State Authorities
Charleston W Va June 4 Closing of the People's bank of Ridgley because of insufficient reserve was announced today by L R Charter state banking commissioner. The bank in its last published statement on March 25 listed resources aggregating 183832.11 and deposits totalling 112130.82 W R Seal assistant state banking commissioner was placed in charge of the closed institution Walker Sr president and Lewis P Walker Jr cashier.
MENTIONED IN THIS ARTICLE
Charleston
W. Va
People’s Bank of Ridgley
L. R. Charter
W. R. Seal
Walker Sr
Lewis P. Walker Sr
Lewis P. Walker Jr
Penny Officers Use Tear Gas On Pickets
Washington county deputy sheriffs used tear gas to rout 200 to 300 mine pickets at the Cedar Grove mine near Avella. The demonstration resumed after a brief disruption, with no injuries or arrests. Large marches continued in the region as the National Miners union strike spread.
MENTIONED IN THIS ARTICLE
Pittsburgh
Washington County
Cedar Grove
Avella
Washington
J. A. Seaman
Mountour No. 10
Pittsburgh Coal Company
National Miners Union
Soudan
Bentleyville
Gibson
Hillman Coal Company
Bethlehem
Ellsworth
Marianna
Jealousy Blamed in West Coast Murder Case
In San Diego California Mose E Garrison 37 defiant suitor of Hazel Bradshaw faces murder charges at a preliminary hearing. State testimony includes a sailor friend U S Wilson noting threats of a gun and shooting. Bradshaw family statements place Hazel away from home on the night of May 2 with her body found May 3.
MENTIONED IN THIS ARTICLE
San Diego
Cal
Hazel Bradshaw
Mose E. Garrison
U. S. Wilson
Mose Bradshaw
Garrison
C. A. Bradshaw
Miss Bradshaw
Litigation Expected Over Reward for Schroeder and Dague Capture
Lawrence county commissioners warned last night that litigation is expected from Arizona officers who helped capture Irene Schroeder and W. Glenn Dague. Claims for portions of the reward money have been filed and the parties involved plan suits. Schroeder and Dague were executed for the murder of a highway patrolman.
MENTIONED IN THIS ARTICLE
New Castle
Lawrence County
Irene Schroeder
W. Glenn Dague
Arizona
Also Mentioned on This Page
Co Righ
R.R
Utty Tot
Aaa Seween
Lina
Ait Market
Cincinnati Produce
Toledo Grain
Chicago Grain
The
First National Bank
N. Y. Stock Exchange
Bryan, Kemp and Company
West Virginian Hotel
Bluefield, W. VA
New York Stock Exchange
New York Curb Exchange
Richmond Stock Exchange
James EB. Mann
Jack R. Younger
Baltimore Livestock
Tom Carr
Very Well
MR. Male
Chicago Livestock
Pittsburgh Livestock
NEW York Poultry
Wall Street Briefs
W. Ledyard Mitchell
Chrysler Export Corporation
Eastern Railroad
Committee of Traffic, Accounting and Legal Department
Eastern Roade
PENNY
Pocahontas Fuel Company Incorporated
One Broadway
Pocahontas
Tidewater
Great Lakes
Cteamera
Atlantic Coast
Tidnwater
V.c
New Bedford
Mass
Salem
Mystic Wharf
Beaton
Portland
Sandusky
Boston, Mass
Newmogieré
Portland, Des Hertolt
Bluefeld
Cincinnati Ohio
Chicago, MI
Vetrot, Mich
Moxey, Savon & Co., Ltd
Lime Street Square
London
England
Coal ‘Trading Association
Rotterdam
Frederick Gundersen
Norway & Pinto Basto & Co., Ltd
Lisbon
A. H R Cok & Clerics
Via
BY Sidney Smith
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!