Oil shares surge as market recovers on govt stats
A sudden revival of activity and strength in oil shares lifted prices after mid day, with Pan American Petroleum gaining nearly three points to 70 and Mid-Continent Petroleum approaching its yearly high on expectations of dividend resumption. Standard Industrials and other issues closed higher amid mixed moves, while Lehigh Valley set a new peak price.
MENTIONED IN THIS ARTICLE
New York
Pan-American Bo
Barnsdall A
General Petroleum
Atlantic Hefming
Preferred
Phil
Mpa
Sinclair
Standard of New Jersey
Step Common
Baldwin
Bulllah
Cushman’s
Purity Bakeries Company
Fot Weather
American Ice
Coca-Cola
Remington ‘Typewriter
Moon Motors
American Type Founders
Tobacco Products
Mack ‘Yrucks
Bethlehem Steel
Pressed Steel
Lehigh Valley
Gall
Yarrow
Onl
Allied Chemien
American Can
American Car
American Sugar Socecrre
American Fel
Tel
American
Obacco
American Water Works
America Wooley + Anaconda Copper
Atchison Sey Eesees
Atlantic Coast
Tine Baldwin
Hallimore and
Obie
Coca Cola
Colorado Fuss Congoloum
Consolidated Gis Corn Products
Crucible
Cuba
Subh Davison Chemical
du Pont da Reno
Merlewie
amons-Playera. Lasky
General Asphalt
General Electric
General Motors
Great Northery
Houston OU
Bry
Hudson Motors
Wees
Winola Central Veveeeres
Nashville
Mack Truck
TAM Marland OW
Maxwell ‘Motors Sje Moextean Seaboard
Missouri
Kansas
Texas
Mssourt
Montgomery Ward
National Blacks National Lead
New Yorks Gentral ~ i
Nortalk
Pact Pacific Oil
Mid-Conthygat
Ha Olen Uy Dodge Troy
Amerie’ Petroleum
Viiladelphia
Reading
Noig
Petroteum Beeen
Bathleham Steel
California
Ceses
Chander Motor Oir
Chesapeake and Ohio
Gicago
Northwestern
Mil
Calivor
Standard Oil
Stewart Wariner
Studybalteri
Texan Company
Vexas and
Poaell
Union Paciflete
United Drug
Talig
United States
TGR
Tndustrial
United States Rubber
Eatin House Electric
Ilyas Verland
Woolworth
Cereus
Bond Market Report Amid Thin Trading Waits
June 5 New York bonds show muted activity as many bankers and dealers take a company outing. Prices drift lower amid unsettled foreign markets and a sharp drop in the French franc, while oil shares and certain rail issues show limited strength. The list closes with a broad array of industrials and utilities trading steadier on the day.
MENTIONED IN THIS ARTICLE
New York
Paria
Germany
Frisco
Delaware and Hudson
Chicago
Timeis Bonda
Old Home Town Market and Commodity Snapshot
The market shows Norfolk Southern 6s rising to a new yearly high as heavy trading occurs. Schulte Real Estate plans a 10 million dollar issue next week. Livestock prices vary with cattle mostly steady to firm, vealers uneven, hogs mixed and cattle market supports by firmer spot demand. Sugar futures steady with renewed withdrawal demand. refined sugar prices hold between 5.65 and 5.70 for fine granulated.
MENTIONED IN THIS ARTICLE
Norfolk Southern
Schulte Real Estate Company, Inc
Schulte Tobacco Interests
Dry Goods Market Report From New York
Dry goods markets in New York were quiet across divisions with wash fabrics showing notable activity in printed lines and fine combed stock. Spinners raised prices for yarns while merchandise offered irregular pricing. raw silk steady and silk prints active for quick delivery. Wool markets improving in sales volume and showing steadier prices. worsted dress textiles noted.
MENTIONED IN THIS ARTICLE
New York
Merchgnis
Government bonds close with varied Liberty issues
New York June 6 United States government bonds closed with Liberty 8s at 101 Liberty first 48 at 102.12 Liberty Second 443 at 102.10 Liberty third 4s at 102.30 Liberty fourth 4% at 102.16 Treasury 4s at 102.21 Treasury 4% at 106.20
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Treasury
Call Money Market Summary From New York June 6
Call money firmer with high 4 44 and low 3 percent. ruling rate 8 percent. Cloning bid 44 percent, offered at 404. Last loan 4 percent. Call money acc accepts $4. Time loans steady with mixed collateral 69 to 90 days at 3 percent and 4 to 6 months down 3 percent. Prime commercial paper 34 4.
MENTIONED IN THIS ARTICLE
York
Call Money
Iast
Joana
Foreign exchange rates across major markets
Report lists currency demands and cable rates in New York for Great Britain France Italy Belgium Germany Netherlands Norway Sweden Denmark Switzerland Spain Greece Poland Czechoslovakia Yugoslavia Austria Romania Argentina Brazil Japan China Canada with figures such as 4.86 4.72 3.95 and 77 percent in Shanghai and 100 1 64 in Montreal, indicating broad rate movements.
MENTIONED IN THIS ARTICLE
New York
Arisimittar
Great Britain
France
Italy
Belgium
Geanmany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho‘Blovakia
Jigo-Slavia
Austria
Rumania
Argentina
Brazil
Tokyo
Shanghai
Montreal
Livestock Cattle Recounts Steady to Weak in Chicago
Chicago June 5 livestock market reports show cattle prices largely mixed with a catch-as-catch-can pattern. Best yearling prices about 1140 dollars with mixed sleeve offerings.
MENTIONED IN THIS ARTICLE
Chicago
Sugar market steadies with firmer undertone and demand
New York sugar market shows no change in level, undertone firmer amid rising demand. Reports include 13,000 bags Porto Rican for prompt shipment at 4.48, 10,000 bags Cuban second half Tuna at 4.46, 60,000 Cuban July at 4.46, and 21,000 Philippines due end of July at 4.49. Raw sugar futures rise on covering and Cuban support.
MENTIONED IN THIS ARTICLE
New York
Porto pRagan
Philippines
Trust deed sale on coal company property in West Virginia
Notice of trustee sale due to default on bonds of 1924 mortgage by Smith Pocahontas Coal Co. J H Lilly as trustee will auction at Mercer County Court House Princeton WV on July bed 1926 at 10 a.m. to the highest bidder. Property includes leasehold coal mine assets and improvements in Wyoming County.
MENTIONED IN THIS ARTICLE
Z. H. Lilly
J. FR
Lilly
Trusoe
Hag
Noilcola
Wyomalng
Clark
Gald
Wyowing County
West Virginia
J. KH
Petition for Bankrupt Discharge in Southern District West Virginia
J A Honaker of Princeton Mercer County West Virginia petitions for discharge after bankruptcy adjudication on June ath 1924. Court orders hearing July 1925 in Bluefield with notice by Bluefield Daily Telegraph and mailed copies to known creditors and parties of interest.
MENTIONED IN THIS ARTICLE
Therson
District Court of the United States
Congress
Tyne
A. PD
J. A. Honaker
Southern Diatrict
West Virginia
Bluefield
Witniss
George Wy, MacCivntls
Bingelield
Jane
A. D
Ira H. Mottesheard
A. J. Hearn
Wool and cheese markets steady in Boston and Chicago reports
Boston notes fair wool activity with firm demand for good stock and higher grades. domestic lower qualities remain strong. Prices hover around 41 to 47 cents for select lots, with receipts near 24,926. Cheese in Boston steady at 143,058 pounds. Chicago butter and grain markets show quiet trading and steady prices, with 92 to 90 score butter around 47 to 48 cents.
MENTIONED IN THIS ARTICLE
Fed
Idaho
Boston
Basia
Kees
Chease
Chicago
Dairy Market Report From New York June 6
Butter steady as creamery extras reach 92 score and 43 cents per pound. Receipts total 21,009 with creamery firsts quoted from 88 to 1 dollar per pound.
MENTIONED IN THIS ARTICLE
New York
Bulter Steady
Retelpts
Creamery
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Indus
Priday
Citizens ‘Underwriters Agency
Ray Evans
Mer
Call 291
Peery Bldg
Stooes
C. B. Han Bluefield
Fieet National Bank
Cock Nuch As
Arysta Mark Conan Coke Co
American Pinmen’ ‘Corporation
Common American Finance Corporation
Bank of Wyoming
Carland Hevalaynreg Co
Elkhorn
Yalte: Grocery Co
Little War Crew
H. Mead Coal Co
Milami Fork Ci Vand
Pocahontas
Red Ash Coal Co
Princeton Power Co
Ansporing Hardware Co
Pant Supply
Rise
Boaugke
Porlemouth
Blosser
Sgactecrag
Jack
Nixon Paint Co
Aunt Sarah
Bruno
Gov’t Bonds
THE
Bluefield National
Buverievyp
W. Va
Williamson Good Fruit
Ireas
Wall Street
Edward 2
Juhiing
Wiliam F. Toney
Este
First National Bank
Consultus
Community Loan Company of
Bland Street
Co. Neikirk, Secy & Treas
Sac T
MwUnren
Pocahontas Fuss Company, Incorporated
Virginia
Broadway
New York State
St Ceton Mass
Board of
Boar
Norfolk
van Nenginnatt
Ohio
Traction Buling + D
Maine
Pocahontas Wharf
Moulton
Portland
New Bedford
MASA
London
H.C
England
Henry Com & Cleric
Piazza
Mattua
Genova
Weat
Pocahontas Fuel Co., Inc
N.Y
Watkins
Scott
Western Union and
Lieber's