Markets- Balance Of Changes Lean Substantially To Upside
Market averages rose with the 30 share index hitting a new high since 1931 as heavy buying focused on low priced issues and metal equities. Downticks appeared in some groups while gains led by Radio General Electric Westinghouse and utilities kept gains broad. Gold stocks including Homestake and U S Smelting posted sharp gains amid overall rising volume and strong business news.
MENTIONED IN THIS ARTICLE
New York
Stocis
Dollar Exchange
England
Radio
General Electric
Westinghouse
Western Union
International Telephone
American Telephone
U. S
Alaska Juneau
American Smelting
International Nickel
Noranda
Dome
Cerro de Pasco
Steel
du Pont
Case
Union Carbide
Sears Roebuck
Texas Corporation
American Tobacco
American Water Works
American Can and Allied Chemical
Bond market climbs as total sales hit new highs
Total sales rose to 20 475 009 as bonds continued to climb the price ladder in New York on June 7 1933 with gains reported across the market. The Standard Statistics Co. notes new industrial and total highs while traders react to ongoing demand.
Hancock Investments in Cities Service Shares Decline
C B Hancock Investments records show Cities Service common shares closing at 44 on June 6 and June 7 with no further price change reported. The listing notes ongoing activity in the market during that period.
New York Stock Exchange Quotations Directory
A brief listing shows the New York Stock Exchange and associated markets including the New York Cotton Exchange New York Curb Exchange and Chicago Board of Trade with contact line in Bluefield West Virginia and Richmond Stock Exchange.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
New York Cotton Exchange
New York Curb Exchange
Chicago Board of Trade
Richmond Stock Exchange
Pittsburgh Produce Price Summary June 7
Produce demand moderate. Apples steady with 8 car lots. New York Russets 2.25, mediums 1.75 to 2.00 per bushel. Baldwins 1.00 to 1.75. Potatoes 40 car lots steady at 1.25 per 100 lb. Maine and Michigan stock, North Carolina barrels. Poultry and livestock prices listed. hens 12 to 18, broilers 17 to 20, ducks 8 to 10, geese 6 to 7, turkeys 10 to 12 for young toms, 7 to 8 old toms. fresh killed hens 25, hog dressed 20 to 21.
MENTIONED IN THIS ARTICLE
Pittsburgh
New York
Ben Davie
Ruseete
Starks
Maine Green Mountains
Michigan
North Carolina
Hutter
Toledo Grain Prices on Track for June Basis
Grain prices on the market track show oats No 2 white 26 to 27 percent, No 3 white 25 to 26 percent. Oats 2 to 3 percent above track. wheat corn and seeds steady.
MENTIONED IN THIS ARTICLE
Toledo
Butter Prices Steady In Chicago Market Report
Butter remains steady in Chicago with fresh 93 score at 214 percent and 92 at 211 percent. Other grades show 91 at 20 percent and 90 at 20 percent, with 89 at 1944 and 88 at 18 percent. Centralized carrots list 90 at 214 percent and 89 at 20 percent, plus 88 at 19 percent.
MENTIONED IN THIS ARTICLE
Chicago
Dry Goods Prices Hold Steady in New York Markets
In New York on June 7 wholesale dry goods remained firm with many lines at value or withdrawn. Acetate rayon yarn prices rose 6 cents per pound as producers advance rates. Silk goods for spring and summer show influence from higher rayon and cotton sales while burlaps remained firm.
MENTIONED IN THIS ARTICLE
New York
Chicago Livestock Market Tightens As Hogs Lead Declines
Chicago June 7 hogs 30 000 with 14 000 direct down 15 25 cents. Bulk 4.60 4.75. top 4.80. Light hogs 4.00 4.50. sows 4.10 4.30. Cattle 9 000. steer trade uneven with yearlings 7.00 and weights 6.65. Cows 3.75 5.25. Sheep 9 000. lambs 5.75 8.50. ewes 2.00 3.25. Market mixed with gradual declines for some classes.
Lancaster Livestock Market Briefs Show Mixed Activity
Cattle trading slowly with beef steers steady after weekly slide. High quality 900 lb loads listed at 6.15. Calves and stockers scarce but steady with buyers active for choice dealers 6.50 to 7.00. Hogs slow but steady with limited action. Sheep remain steady to firm and lambs at 8.25 for desirable weights.
MENTIONED IN THIS ARTICLE
Lancaster
Market Activity Reaches New Highs in Corporate Loans
Trading volume expands as sales total $20 475 000 per value and the average for 60 domestic corporate loans hits 78.1, a fresh yearly high. The gain reflects special circumstances pushing demand and liquidity across the market.
Foreign Exchange Rates Around the World
New York on June 7 reports strong foreign exchange with major currencies quoted. British pounds in dollars and several European and Latin American currencies show varying demand and cable rates, alongside miscellaneous cross rates and nominal figures.
Government Bonds Close Mixed in New York Trading
United States government bonds closed with Liberty 3 percent at 32 47, First 4 32 47, Fourth 4 percent 46 at 33 38, Treasury 4 46 at 47 52, Treasury 4s at 44 54. Treasury 3 percent 6 at 46 56 and a 104.12 reading for Treasury 3 6. June readings indicate steady demand across issues.
MENTIONED IN THIS ARTICLE
Adams Express
Bastian Kodak
Sonny
North Amer. Co
Klee, Autolite
Otis Blev
Juneau
Hlec, Pow
Ye Lm
Owens Ll
Glas’ Hy
Cheming Corpn
Packard Motora Lighting
Allis Chalmers Perereres
Fed
Wat
Penney
J. C. Weenee
Amer
Fox Film
Amer Ow
Freeport Texas
Ween
Tank
Phillips P Seat
Rollin
Pillsbury
Amer Sm
Elec Sears Tee
Proctor On
Great Northern Pi
Reo Motors Armour
Republic Steel
Armour
Goodyear Tire
Reynolds Metals
Ass'd Drygoods
Hershey Choc Reynolds Pb
A. T
F. Ry
Houda
Shattuck Peeee Aces Ae
Baldwin . Eee
Int Bus. Mch. Aee
Iz Simmons Bed Tee
Int Harvester Tae Tees
Socony Vacuum
Teens International Shoe Pay
Sou
Calif
Lean Aeee
Bendix Aviation
Intickel
Bethlehem Steel
Inland Steel
Borden and Co
Johns-Manville
Brooklyn Man, Trans
Kennecott Copper Pie
Eeee
Resge
Standard Gas
Briggs
Kroger Grace
Standard
Byers P Wee
Lambert Co
Stewart Warner A
Canada
Cilleagseeeeeen s + R
An Seve Lee
McKeesport Tineeneee
Union Pacific
Ryster Teeter
McKesson and Robbins
United Aircraft
Coca-Cola
United Carbon Ne
Congoleumn Nairn
Ite
Montgomery W
S. Stee Tae
Gas Ory
Muliens Mfg Oo
Vanadium Tees
Continental Ganeae
Nash Motors S
Warren Bua
Continental Inn
Nat. Biscuit
Warner Bros
Continental Ole
Nat. Cash Register
Wesson
Wy Corn Products
Nat
Nat Dairy Products Distillers Sere Enne
Maryland
Il Crown Cork
Nat Pow
Lt Seve
Western Union
Curtiss- Wii
Nat Steel
Westinghouse
Central Weatinghouse Woolworth
Drug, Inc . Sneer
North Amer. Aviation
DuPont
New York
United States
Liberty
Fourth
Treasury
Grain prices rise on heat drought damage in wheat
Chicago grain prices advance as reports show wheat suffering irreparable damage from extreme heat and drought. Wheat closes firm near session high, up about 4 percent.
MENTIONED IN THIS ARTICLE
Chicago
Market finishes show mixed grain and provisions up
Yesterday's close shows corn advancing about 4 percent while oats rose roughly 1 percent. Provisions moved between a 10 cent decline and a 5 cent gain, indicating mixed agricultural futures activity.
Call Money Steady Across New York Market
New York call money remained steady at 1 percent for the day. Time loans held at 60 to 90 days with 1 percent, 4 months at 1 percent, and 5 to 6 months at 1 percent. Prime commercial paper also at 1 percent. Bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Treasury receipts and expenditures report for June 6
Treasury receipts for June 6 were 15,147,003.15 dollars with expenditures of 40,012,941.37 dollars and a balance of 318,367,759.33 dollars. Customs duties for five days of June totaled 3,792,663.64 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Baltimore Livestock Market Report
Baltimore June 7 cattle numbers and prices show steady markets. Steers good to choice range 5.75 to 6.00. heifers 4.00 to 5.50. sheep and lambs around 6.50 to 8.35. hogs lower with lights 4.80 to 5.20. calves steady 3.50 to 4.50.
MENTIONED IN THIS ARTICLE
Baltimore
Jersey City Livestock Market Report Highlights Mixed Prices
Cattle tonnage includes 370 direct. Cows steady to weak, bulls down to 3.65, most cows 1.50. Wealers and calves total 1,170 with 740 direct. Market steady, better grades 6.00 to 7.00, medium 4.50 to 5.50, cull 2.50 to 4.00. Sheep and lambs 3,600 with 2,980 direct. lambs active and higher, better grades 8.75 to 9.00. Bucks about 1.00 lower, mature ewes nominal, all direct.
MENTIONED IN THIS ARTICLE
Jersey City
Curb Market Rises to New Highs on Moderate Profit Taking
On June 7 in New York the curb market edged higher with indices up 1 to over 3 points despite some profit taking. Industrials showed a few weak spots while Aluminum gave back nearly 3 after a gain. Oils and metal shares firm with gains of 1 to 2 in Humble Gulf Newmont Hecla Lake Shore. Volume reached 1,221,000 shares.
MENTIONED IN THIS ARTICLE
New York
Aluminum Company
Humble
Gulf
Newmont
Hecla
Lake Shore
Colume
Pittsburgh Livestock Market Report Hogs and Cattle Mixed
U S Department data from Pittsburgh June 7 shows hogs totaling about 1 000 mostly steady with grade splits by weight from 130 to 350 pounds. Cattle quotes include steers 900 to 1 300 pounds at 6.00 to 6.40, heifers 650 to 750 pounds at 6.35 to 6.50, cows 3.15 to 4.15, calves 200 to 500 pounds 2.50 to 6.00, and lambs 90 pounds at 7.26 to 8.50 with common and medium 4.85 to 7.25.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S. Dept
Wall Street Briefs May Sales Rise for J J Newbery
May sales at J J Newbery totaled 2 739965 dollars up from last year while Westinghouse reports rising welding equipment inquiries signaling higher tank and broiler construction activity. Dun and Bradstreet food index for the week ending June 6 stood at 1 87 unchanged versus last week though 3.9 percent above a month prior. Declines outnumbered advances among commodities.
MENTIONED IN THIS ARTICLE
Westinghouse Electric and Manufacturing Company
Dun and Bradstreet
Sugar prices steady in New York market
Raw sugar held steady for duty frees while Cuban sugar slipped 1/32 cent to 3.50 per pound for spot. Trading volume reached 64 450 tons with futures at July 1.46 and May 1.64. Local refiners said they will raise fine granulated prices 10 points from 4.50 to 4.60 at tomorrow's opening.
MENTIONED IN THIS ARTICLE
New York
New York Poultry Prices Reported For June
New York prices show creased poultry irregular with fowls fresh and mixed colors steady. Egge eggs at 49 308 per case. live poultry weak with broilers 13 to 18 under express and freight rates 10 to 21 for turkeys and ducks, noting freight and express split.
MENTIONED IN THIS ARTICLE
New York
Flour production up in May at leading milling center
May flour production at the country's top milling center reached 5 802 085 barrels, up from 5 224 780 in the same month last year per General Mills Inc. Tin prices hit multi year highs after a week of gains tied to Sterling cuts and rising U S demand. Hardware sales show continued gains in wholesale and retail sectors, with improvement noted in Hardware Age's current issue.
MENTIONED IN THIS ARTICLE
Associated Press
General Mills, Inc
Choctaw Indian Seeks Money In Choctaw Plea
Jackson Mississippi report describes Marshal Scott of Neshoba County presenting a Choctaw plea and his "pusskuss" and "tike" to justify funds. Assistant Attorney General W W Pierce, learning "sculli" means money, grants $100 as guardian for Scott’s wife assets. Separate note recalls Capt Ernest J King born November 23, 1878 in Lorain Ohio.
MENTIONED IN THIS ARTICLE
Jackson
Miss
Mississippi
Marshal Scott
Neshoba County
W. W. Pierce
Ernest J. King
Admiral Moffett
U. S. Bureau of Aeronautics
Navy Department
Lorain, O
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Standard Statistics Co
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t-New
Bonde
Ind
R.R. Uv'ty
Cee
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Bryan, Kemp and Company
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Pocahontas Fuel Company
ONE Broadway
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Auatt Beta
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Wall Street Briefs
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Bluefield, W. V
Skeezie
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BY Martin
Freckles
BY Blosser
Pinky
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