Rumors Spark Broad Stock Selloff On June 6
In New York two unconfirmed rumors triggered a market selloff that erased early gains. Rumors cited possibleRediscount rate hikes and Coolidge's renomination stance, as indexes slid and many issues dropped 3 to 10 points from the prior day.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
Associated Press
New York
Federal Reserve
Chicago
Coolidge
Butler
Eekly Steel
International Harvester
Case
Adams Express
General Motors
Frank G
Us, & Steel
American Can
Ananconda Copper
Canadian Pacific
Chrysler
Consolidated Gas
Delaware and Hudson
International Telephone
Montgomery-Ward
Lars Roebuck
Union Pacific
Advance
Allied Chemical
American Express
Armour “A
City Stores “B
Cushman
Imbel Bros
International Combustion Engineering
Weston Electrical Instrument
Bond Market Dips After Early Strength In New York
The bond market opened strong on stock gains and easy money hopes but faded, with U S government bonds recovering after treasury financing plans. Copper and most industrials slipped, a few strong spots in dry goods. Public offerings Wednesday exceed 100 million, led by Tokio Electric Light 6s at 120 million, with 70 million in the United States.
MENTIONED IN THIS ARTICLE
New York
U. S
Treasury
Dery Dry
Tokio Electric
Government Bonds Markets Report from New York
United States government bond prices are listed with Liberty 3 percent at 100.8 and various Treasury issues trading around 100.1 to 108.1. The notes show fractional quotients for Third, Fourth, and 4 1/2 percent series with mixed bid values amid the June 6 market data.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Cennsa- Enne
Treasury
Mayot
Wheat market rises as million bushels sold to Europe
AP dispatch reports over 1,000,000 bushels of northern wheat bought for shipment to Europe lifting prices. Domestic spring wheat faced persistent adverse advisories while closing quotes ranged from steady to modest gains for grains and mixed moves for provisions.
MENTIONED IN THIS ARTICLE
Europe
Local notes list Hancock investments in Bluefield WV
A fragmentary record shows Co B Hancock investments in Bluefield West Virginia tied to banks and coal interests. Mentions Tiret National Bank Bigg, War Creek Coal, hardware and hardware suppliers, and Cities Service Co in a terse listing of financial dealings.
MENTIONED IN THIS ARTICLE
American Cost Co
Eee Loan Co
War Creek
Irvcery Co
thee _ Hardware Co
Call Money Rates Edge Higher In Mixed Markets
New York on June 6 quoting Call money easier with high 6 percent and closing at 6 percent. Ruling rate 6 percent and time loans firmer with mixed collateral for 0-90 days at 5 percent and 4-6 months at 5.4 percent to 6 percent. prime mercantile paper at 4 percent and bankers acceptance unchanged.
MENTIONED IN THIS ARTICLE
New York
Wheat and Corn Prices in Toledo Market Report
Wheat cash No 2 red quoted at 1.78 to 1.80. Corn cash No 2 yellow 118 to 114. Cash No 3 yellow 1.12 to 1.13. Oats cash No 2 white 74 to 76. Rye cash No 2 1.41. Market details from Toledo on June 6.
MENTIONED IN THIS ARTICLE
Toledo
Foreign exchange rates mixed in New York quotations
The New York foreign exchange market showed mixed quotations in cents with demand and cables varying by country. Notable figures include Great Britain 487 488, France 3.93 3.9, Germany 23.88 and 15.95 for Belgium, Argentina 42.70, Tokyo 46.68, Shanghai 67.25, and Montreal 99.74 amid currency activity.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czzecho-Slovakia
Jugoslavia
Austria
Rumania
Argentine
Brazil
Toyko
Shanghai
Montreal
Butter Prices Slip in Chicago Market Report
Butter remained barely steady with prices down for medium and top scores in Chicago. The AP note lists varied scores and percentages across central markets and Bluefield with 90 score at 42 to 48 percent.
MENTIONED IN THIS ARTICLE
Chicago
Bluefield
Ameri can Water Works and Electric posts earnings
American Water Works and Electric earned 2.63 a share on common stock for the year ended April 30, down from 2.97 on fewer shares. Net income was 4,802,770 versus 4,958,709 a year earlier.
MENTIONED IN THIS ARTICLE
New York
American Water Works and Electric
New York Stocks End Mixed Amid Trading Confusion
Traders watched a slow session as Amn, Gulf and Pan Am shares moved modestly. Prices showed small gains for some industrials while others dipped, reflecting cautious sentiment around modern market pressures and sector rotation.
MENTIONED IN THIS ARTICLE
New York
Amn
Gulf Bbs
Houston
Pan Am Bwy
Scsceeseeses
TWO GODDESSES
Puzzle lists two favorite goddesses in Nos 4 and 13 vertical and asks a long set of crossword clues. The page presents a mixed difficulty word game with entries on music history mythology and geography.
MENTIONED IN THIS ARTICLE
Pugette
Buck bird of the cuckoo fam e
A cryptic note describes a bird linked to the cuckoo family and mentions Morindin dye with a casual remark. The fragment lacks clear event or人物 details, rendering a precise summary difficult.
MENTIONED IN THIS ARTICLE
Buck Bird of
Produce price roundup from Pittsburgh June auction notes
AP dispatch from Pittsburgh reports slow demand for produce with mixed carloads. Ben Davis apples sell around 4.50 to 5.50 per barrel. potatoes show steady movement across regions with No 1 sacks and whites from Michigan, Wisconsin, Minnesota, Maine and New York at varied prices. beans, celery, and sweet potatoes also listed with regional price ranges and stock conditions.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S
Depts
New York
West Virginia
Baldwins
Michigan
Wisconsin
Minnesota
Maine
New Stock
South Carolina Rreis
Louisiana
Mississippi
South Carolina
Florida
Cora
Tennessee
Nancy Hall
Poultry Prices Steady in New York Market
Dressed poultry and slight poultry figures held steady and unchanged in New York trading as reported by AP on June 6.
MENTIONED IN THIS ARTICLE
New York
Livestock Prices Mixed as USDA Report Sums Hogs and Cattle
Chicago June 6 AP United States Department of Agriculture hog receipts 20 000 closed active mostly 10 to 14 higher than yesterday with top 10 15 for choice around 200 pounds. Packers took 3 000 holdovers 6 000. Cattle receipts 9 000 calves 4 000 active firm to higher on most killing classes. Weighty steers closed higher best heavies 14 80 yearlings 14 75. Slaughter steers 1300 1500 pounds 13 25 14 85 1100 1300 15 40 15 00 9 50 1100 ibr 13 50 15 00 cows good and choice 8 12 00 common 7 75 9 25 bulls 9 00 10 50 vealers 12 00 15 50
MENTIONED IN THIS ARTICLE
Chicago
States Department of Agriculture
Market Report: Steers Sheep Prices Fall and Hold Amid Low Demand
Receipts 13,000 fat lambs steady to 25 lower. native stockers and feeders mixed. Good and choice steers 1.75 to 1200 pounds, common and medium 9.50 to 11.75. lambs 92 pounds down 17.5 to 19.10. medium 16.35 to 16.75. cull and common 15.50 to 16.25. Ewes 5.00 to 8.65. cull and common 2.00 to 6.50.
Also Mentioned on This Page
Otoge
The
Indus
Agen Bied
Ferred
Sint
Cities Service Co
Wall Street Briefs
Moses Hyman Siocks
First National Bank Haliding
Welch, Wes VA
American Finance
Little War Creek i Arma- Lane
Cometeeweee
Thacker Mining Onion Co
War Eagle Coa
Buster
By Ahern
Scotland
Liebhman
Abong
Suir
England
Commonwealth
Rabbit
Artemiat
Vatican
W. C. Neikirk
Raleigh Street
First National Bank
W. VA
I. 2
Bluefield National Bank
By McManus
Maggie
Sea Shore
SHELL
Greer Boren Cghis Conserved
Golly
Tenance T) Mann James Hlwood Jones
Mar. Alexander
McPhideam
Mer
Wallace
Mar. Galesit. Hewthorne
Pocahontas Fuel Company
Iippers
Munthe
Pocahontas
Ecehontas
Coa
Fem Brie
Tidewater
Great Lakes
United State
Cowerewer Or “Orin
Ahontas
Con
Poes Ae Fuel Company Incorporated
Tere
Orieinat Pocahontas
Pocahontes Oalfield
O. Pocahontas Liminte
Broadway
Norfolk
Maton St
Boston
Mass
Card of Trade Ride
Cincinnati
Ohio
Traction
Portland
Sandusky
Obie
London
MOXEY, caver, @ CO. Ltd
Henily
Aleean
Matteo
Genowe
West Indies
Pocahontas Fuel Co., Inc
N. Y
Jonathan Hulls
Hull
Symington
Lord Dundas
Forth and Clyde Canal
Bessey
Bralcher
Robert Fulton
Seine
Fulton
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