Markets Turn After Opening Slip To Close Lower
Stocks drifted down on June 7 as news of the revenue bill failed to buoy activity. Utilities and tobacco shares led declines while major industrials and transport issues posted smaller losses. Volume was light at 823,060 shares as bonds and the dollar stabilized amid European currency weakness.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Irenc
National Distillers
Crown Cap
Owens Glass
American Tobacco
Liggett and Myers
Drug
American Telephone
Macy
General Foods
Delaware and Hudson
Norfolk and Western
National
Brooklyn-Manhattan Transit
Auburn
Bonds Bond Market Averages Rise on Railway Obligations
The bond market average edged higher led by railway obligations amid quieter trading with total sales at 8.8 million. Corporate loans up 0.3, utilities steady, industrials marginally down. Carrier bonds drew keen interest as gains varied within issues including Baltimore and Ohio and others.
MENTIONED IN THIS ARTICLE
New York
Baltimore
Ohio
Investment notes on Cities Service and Appalachian Power
C B Hancock Investments reports market prices for Cities Service six percent preferred and common shares, Appalachian Electric Power Company eight and seven percent preferred at market, with Cities Service common closing at 3.00 on June 7.
MENTIONED IN THIS ARTICLE
C. B. Hancock Investments Cities Service
Appalachian Electric Power Company
Cities Service
N YeStock Exchange Quotations Bryan Kemp and Company
The brief listing shows N YeStock Exchange Quotations for Bryan Kemp and Company with contact and staff details. Members include Bluefield West Virginia and connections to New York exchanges such as NYSE NY Cotton Exchange NY Curb Exchange and Chicago Board of Trade with James E Mann as Manager and Jack R Younger as Assistant Manager.
MENTIONED IN THIS ARTICLE
N. Yestock Exchange
Bryan, Kemp
and Company
New York Stock Exchange
New York Cotton Exchange
New York Curb Exchange
Chicago Board of Trade
Richmond Stock Exchange
Curb Market Slows After Last Week Rally
New York curb market trends lower with moderate declines across active issues. Trading volume eases as 100000 shares change hands, 30000 below yesterday. Commonwealth Edison rises on news of James Simpson as chairman, while utility shares weaken. Standard of Indiana and Gulf and Kentucky fall.
MENTIONED IN THIS ARTICLE
New York
Eale
Commonwealth Edison
James Simps6on
Standard of
Indiana
Gulf and Kentucky
Foreign exchange rates and demands listed in New York
New York June 7 foreign exchange rates show easy markets with Great Britain at 3.66% in dollars and 3.667% on cables. Demand figures include France 3.944, Italy 5.13, Belgium 15.9744, Germany 23.70, Norway 18.39, Sweden 18.91, Denmark 20.14, Switzerland 19.58, Spain 8.24, Portugal 3.35, Greece .65, Jugoslavia 1.78, Austria 13.99, Romania .59%, Argentina 25.79, Brazil 7.5549, Tokyo 32.44, Shanghai 30.75, Montreal 86.1244, Mexico City 27.25. Note says demand rates are nominal.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Jugoslavia
Austria
Romania
Argentine
Brazil
Tokyo
Shanghai
Montreal
Mexico City
Elver
Government Bonds Market Report from New York
United States government bonds closed with Liberty 84s and other issues showing varied quotes. Bond listings include First 4148, Fourth 4448, Treasury 4s8, Treasury 48, Treasury 3e, and Treasury 336 with prices ranging around 95 to 103, reflecting demand and yields.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Flrat
Fourth
Treasury
Money rates steady across short and long term loans
New York June 7 call money steady at 2 percent with all day loans stable. Shorter 60 to 90 days similar at 4 to 6 months 1 percent. Prime commercial paper at 2 percent. Bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Treasury Receipts and Duties for June 4
Treasury receipts for June 4 totaled 2,627,333,203 dollars with expenditures of 14,325,587.01 dollars and a balance of 322,254,936.62 dollars. Customs duties collected for the fair day amounted to 2,475,380.58 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Sugar Market Steady as Refiners Show Interest
New York June 7 raw sugar firm with unchanged spot at 2.02 cents per pound while refiners maintain buying interest and seek more supply.
MENTIONED IN THIS ARTICLE
New York
Sugar futures steady with mixed gains and steady refined market
Market update shows fractional gains for holders while futures hover on all major months led by July to May rises. Approximate sales reach 22,900 tons with July at .64 and May at .90. Refined sugar holds at 3.75 for fine granulated amid steady inquiry.
Coffee Futures Dip as Brazil Sales Ease in New York Trade
Coffee markets eased as Brazilian selling restrained New York trading. Total world deliveries for the first eleven months of the current coffee year fell about 5 percent to 421,523,588 bags. No. 7 contracts opened unchanged to 1 lower and closed 2 to 3 lower with 1,000 sales. Santos contracts opened 1 to 4 lower and closed 6 to 9 lower with 8,000 sales. Closing quotes show Nos 7 futures at 6.43 6.33 6.28 6.29 6.29 for Jul Sep Dec Mar May. Santos quotes at 9.33 9.10 8.98 8.91 8.91.
MENTIONED IN THIS ARTICLE
New York
New York Coffee and Sugar Exchange
Santos
Butter Market Steady With Mixed Quotes
Chicago notes butter prices held steady amid varied quotations. Market chatter shows minor shifts and lingering uncertainty in dairy futures.
Cotton goods rise in gray and dull demand for printed cloth
The June 7 report from New York notes cotton goods in gray showing higher activity and lower prices on print cloth. Finished goods in light demand. New low prices on men’s wear worsteds attract buyers.
MENTIONED IN THIS ARTICLE
New York
Cincinnati Produce Eggs Prices Stand Pat
In Cincinnati Ohio on June 7 eggs held firm with extra ftrata at 1244 per case while other grades remained unchanged according to market notes.
MENTIONED IN THIS ARTICLE
Cincinnati
Produce prices and demand report from Pittsburgh market
Pittsburgh June 7 report from U S and Pa Depts of Agriculture notes demand below par for several items. Apples include New York Russets and Baldwins with prices per barrel and per bushel basket while onions and potatoes show steady or dull movement with regional varieties and weights. Butter prices for nearby and standard grades listed with scores.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S
New York
New York Baldwins
Texas
Toledo Grain Prices Reported for June
Toledo grain on track 2844c rate basis with nominal values for Wheat No. 2 red 45 to 46 cents per bushel and No. 1 red 46 to 47. Corn No. 2 yellow 27 to 27, No. 3 yellow 26 to 27. Data No. 2 white 20 to 21, No. 3 white 19 to 20 percent. Seeds unchanged.
MENTIONED IN THIS ARTICLE
Toledo
Toledo Grain
Wheat Declines Versus Record Canadian Supplies
Chicago grain notes a bumper spring wheat crop in Canada and the U S, with prices easing on low demand abroad and bear markets from securities. Wheat closed about 1% lower, corn up, oats down, provisions mixed amid weak overseas appetite and large exports.
MENTIONED IN THIS ARTICLE
Chicago
Canada
United States
Baltimore Livestock Market Report Highlights Prices
Baltimore stockyards report June 7 shows cattle totals around 100 with steady values. Cattle categories list steers at 5.60 to 6.09 per unit, bulls 3.50 to 4.00, calves 5.09 to 6.00, and hogs steady around 3.56 to 4.15 with Ohio hogs commanding higher bids. Sheep and lambs totals near 700 with lambs 4.25 to 7.00 and sheep 1.00 to 3.50. calves 5.04 to 6.00 for good to choice.
MENTIONED IN THIS ARTICLE
Baltimore
Pittsburgh livestock market closes with mixed feeder demand
At Pittsburgh stockyards the hogs sold mostly 3.40 to 3.75 per cwt for light to heavy weights, cattle showed little change with steers 5.85 to 6.60, heifers 5.00 to 5.65, cows 2.85 to 4.00, calves slow but steady around 4.50 to 5.50, and sheep and lambs strong with ewes 6.35 to 7.75 and yearlings around 3.00 for medium choices.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S. Dept
Chicago Livestock Prices Mixed as Markets Hold Steady
Chicago livestock markets show steady to higher tendencies across cattle calves and sheep. Hogs total around 15 000 head with top bids near 3.60 for porkers while cattle 7 000 head and calves 2 500 pace steady, with best heavies around 7.50 and top light steers near 7.65. Sheep run 8 000 with natives and yearlings firm. California fruits noted in thin market activity as buyers scan the yard.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Iowa
California
Cattle Vealers and Calves Steady as Livestock Trade Opens
Jersey City livestock report shows 110 cattle and 9,540 sheep and lambs traded with vealers and calves steady. vealers good to choice 6.00 to 7.00, medium 4.50 to 5.50, culls 2.50 to 1.00. Lambs range 7.50 to 8.00 for good to choice, 6.25 to 7.00 for medium, 5.0 for common. Hogs 4,800, all direct.
MENTIONED IN THIS ARTICLE
Jersey City
Copper imports raise tone in market and prices firm
Copper has firmed slightly on the impact of an import duty with prices about 5% above recent lows for deliveries to September and end of 1932. Raw sugar usage in the first four months of 1952 fell 2.33 percent from 1931, while April distribution declined 4.63 percent. Steel ingot production dropped as demand waned for most finished steel products per the American Metal Market.
MENTIONED IN THIS ARTICLE
Associated Press
United States
B. W. Dyer and Company
Veterans descend on Washington over postwar bonus
A spokesman for 526 unemployed veterans states ARK will stay until the bonus is paid whether next year or 1945. The group, shown at a mess in a vacant building, traveled to Washington from across the country.
MENTIONED IN THIS ARTICLE
ARK
Mess
Washington
Yukon Scouts Spons or Host Dance at School Auditorium
Yukon June 4 The dance held at the Yukon school auditorium Thursday night sponsored by the Boy Scout officials of Bartley was a success and well attended.
MENTIONED IN THIS ARTICLE
Yukon
Boy Scout
Bartley
Willing Workers Circle Meets at Mrs McDermont Home
The Willing Workers circle held its regular meeting Wednesday afternoon at the home of Mrs McDermont. Several members were present.
MENTIONED IN THIS ARTICLE
Willing Workers Circle
Local social notes and a garage fire report
Crystal host Miss Jennie Grainger spends time with Miss Adelaide Mc Dermont. Dr. W A Carr visits town and Dr. D D Hatfield travels to Morgantown with his daughter Ethel. Ethel attends West Virginia University. Miss Mary Justine Blal l returns from Virginia Intermont College Bristol to summer with parents M H Hall. Mrs Gusta Blankenship and sons Charles and George visit Newhall. Yukon garage operated by 8 M Harman burns to the ground with total loss. Harman family now at War home. Bruce Marshall of Welch visits town.
MENTIONED IN THIS ARTICLE
Jennie Grainger
Crystal
Adelaide McDermont
W. A. Carr
War
D. D. Hatfield
Morgantown
Ethel
West Virginia University
Mary Justine Blall
Virginia Inter- Mont College
Bristol
M. H. Hall
Gusta Blankenship
Charles
George
Will
Newhall
Yukon
M. Harman
West Virginia Bridge Bill Seeks Federal Act Amendment
Washington June 7 A bill to amend the 1951 federal act on West Virginia bridges was introduced by Rep Bachmann to align with a state measure. It allows the West Virginia bridge commission to group financing for projects but keeps Wheeling bridges separate from interstate groups. An exception would allow Wheeling to Ohio River island bridges to be treated as intrastate while linking some to Ohio.
MENTIONED IN THIS ARTICLE
Washington
West Virginia
Bachmann
Wheeling
Beckmann
West Virginia Bridge Commission
Ohio River
Ohio
Tallahatchie Dam Missioned by Engineers in Mississippi
Hazenville Mississippi reports engineers have tamed the Tallahatchie river after record rains. The river caused mass evacuation of about 50,000 people and flooded hundreds of thousands of acres. Over 50,000 dollars is spent to repair the upper basin and prevent future floods. Repairs cover three levee breaks near Batesville from the river’s three month spree.
MENTIONED IN THIS ARTICLE
Hazenville
Mias
Tallahatchie River
Miaeissippi
Tallahatchie
Batesville
Epree
Pumps Lead In Shoe Styles With Bright Colors And New Heels
Pumps have taken the lead in spring shoe fashion with new heel styles combining a spike and a Cuban shape. Leather rolls replace buckles and seams are tied with leather thongs. Colors favor blue, navy, sapphire, and royal, with brown and dark green next. metallics and grosgrain silk complete outfits. A vented sandal with leather embroidery heats sole to vent air.
MENTIONED IN THIS ARTICLE
Paria
Ehoe
Kid
New York Produce Markets Report June 7 Prices
New York produce prices for butter, cheese, eggs and assorted goods. Butter up to 29 029 firmer creamery values higher than extra at 18 to 92 score. cheese steady at 426 466. eggs 45 725 firmer. Mixed colors standards and rehandled receipts noted with varying percentages and credits.
MENTIONED IN THIS ARTICLE
New York
Atore
Metal globe to feature prehistoric monsters at Chicago fair
A towering metal globe, rivaling an eight-story building, will symbolize the earth and hold a display of prehistoric monsters at the Chicago world’s fair next year.
Also Mentioned on This Page
Standard Statistica Co
Ind. R. Neve
Ooe
PSE Acis
Nee
Hoe Lot
Tor
West
Bluefield, W. VA
James E. Mann
Jack R, Younger
Loring
Bieetrie Anne
Jai O
Pacific Liting Eevee
Packard
Kiecinte
Seage
Paramount Publix
Alleghan Eee
Penick
Ford “Ee
Allied Em
Penney, J. C . Eenee
Allis Cesinnere Eueenedee
Omter Wheeler
Copnarvenia R
Neral
Proctor and Gar
Nadia Lator
American Rolls
General Motors
Liman
Merican Neral Ry
Signa
Radio Cornea
Gillette Safety
Uence
Rani Keith Orpheum
Reading
Seeweee
Eneare
Reo Motors
American Water Works
Republic
Reynolds
Armour
Royal Dutch
Udeon Motors
St. Joseph
W. Ry
Uotorsa
Int Harvester Lh
Bo. Calif
Edison
Ist
Baldwin Loco
Ss International Sho
Southern Pacific Ee Enwe
Barnsdall Aee
Southern Railway
Bendix Aviation Oe
Johns Manville
Standard Brands
Eee
Best and Co
Kelvinator
Standard Gas
Bethlehem Stee
Kennecott Copper
Eeereer
Standard al Cal
Borden and Co. i
Set Lambert Co
Kroger Grace
Brooklyn Marans
Labo and Fink Fevewnee
Stewart Warner
Briggs Mfg
Liggett and Alyera
Wdy
Ast Stone and Webeter
Byers
Lowe's Ne
Studebaker
Canada Dry
Ste Lorillard
Texas Corp
Canadian Pacific Waves Tree
Lauraville
Asin
Texas If
Sui
Cerro de Pasco
Timken Roller Caring
McKeesport
Transamerica Corp
Chesapeake Corp
Chesa
McKeason and Robbins
Undeewood Biliott
Oty Co
Mack Truck
Union Carbide
Union Pacific
Pac
Mathieson AlWall
United Aircraft S
Chrysler
Mexican Seaboard
United Carbon Eye
Coca -Co
United Gas
United Coron
Commonwealth
Kansas
Montgomery
Muliens Mfg
Nash Motors
Power and
Congoleum Nairn
Nat
Biscuit
Vanadium Steeee
Ts Consor
E Diatiliers Ee SM
Seeeenee Continental Can
Wesson
Cicceevsese
Continental Ne
Central
Western Union Weeee
Curtisa- Wet
American Aviation
Westinghouse Elec
Delaware and
Hades Seen
North American Co
Woolworth
Otis Elev
Ae Drug
I 'Eastman Kodak
Our
The
First National Bank
Cofeee
Cincinnati Produce
Louisiana
Elias Triumphs
Carolina
Acore
Chicago Grain
Baltimore Livestock
Pittsburgh Livestock
Chicago Livestock
Jersey City Livestock
Yukon, W. V
Carver
Bad Boy Tallahatchie
O. L Alexander
Harry Bowen
Guard
James Ellwood Jones
KR. Hawthorne
Arthur J. MacBridge
Nh. L. Wallace
Pocahontas Fuel Company
Incorporated
ONE Broadway
Pocahontas
Alterill
Great Lakes
vFe
Atlantic Coast
Tidewater
Jambert
Point
Norfolk
Newport News
New Bedford
Mass
Salem, Mass
Mystle Wharf
Boston
Vortland, Maine
Sandusky
Mase
Portlands
Maine
Vas
Bluefield
W. Va
Ulf
Detroit
Porlign
Savon & Co, Ltd
Lime Street Square
London
I C
England
Coll Arading Ashociation
Rotterdam
Prederick Gunders A
KB Pinto Basto & Co, Ltd
Lisbon
Sean
A. Hes Y Cok & Clerics
Lome
Genoa
Arthur Belldin
Droitninggatan TT
Stockhulm
Akrtiebolaget Bergbrom
Gotherburg
Avery
Walt
Blossom
BN Golly
Squint
Kristta
Tom
Awain
BY Sidney Smith
Vinay
Nemrietta