Resumption of Oil Shares Demand Triggers Price Movements
The stock market opened with heavy demand for oil shares on Tuesday, dampening initial losses and pushing several oil issues higher. Texas Company led gains with a new high, while Havana Electric and Pacific Gas & Electric posted notable advances amid broader mixed activity.
MENTIONED IN THIS ARTICLE
New York
Duns
Smackover
J. J. Mitchell
Texas Company
Atlantic Refining
Freeport
Texas
Widewater
Havana Electric
Pacific Gas and Electric
United States Steel Corporation
United States Steel
Gulf States Steel
Crucible
Ward Baking A. Gimbel Brothers
Julius, Kayser, Chandler
Brooklyn-Manhattan Transit
Chicago
Yellow Cab
Brunswick-Balke-Collender
Iowa
Nash Motors
Rumeley
Laclede Gas
Mathieson Alkali
Maxwell Motors
Union Bag and Paper
United States Cast
Iron Pipe
Bonds Rise as Government Issues Lead Market Rally
New York June 9 United States and foreign government bonds strengthened while corporate issues turned profit takings. Liberty and Treasury bonds reached year highs with several issues trading near top quotes. Treasury and Liberty securities posted mixed price moves as investors favored government debt over corporates.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Treasury
Southern Pacific
Great Northern
Erie
Peoria
St. Paul
Frince
Katy Bonds
Sinclair
Company
Bonds
United’ States
Foreign Exchange and Stocks Report From New York
Foreign exchanges firm quotes in cents for Great Britain 4.85 percent. France 4.95 demand. Italy 3.98. U.S. stocks include Allied Chemical, American Can, American Car, American Locomotive, Bethlehem Steel, Chicago and North Western, General Motors, Gulf State Steel, Reading, Union Pacific, Westinghouse, Woolworth and many others with varied prices and discounts.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Allied Chemical
Os American Can
American Car and Fi
American Locomotive
American Smelting
Itofimiony
American Sugar
Aimerican
Imerican
American Water Work
Americete Wariet Pevebenee Wapeceta
Haconda Copper
Atehigon
Consolidated Gas
Corn Profitida
Gibeible Steel
Uyane
du Pont de Herigny
General
General Motors
Great Northern
Quif States Stes
Houston Ol
Udson Motora Wllness Central Ait Ht Pt Int
Mer
Mar
Kelly-Springfeld
Kennecott Copper
Lehigh Valley
Lauraville
Mack Truck
Marland Ol
Maxwell Motorg
Mexican Seaboard
Missouri
Ikangas
Pan Am
Philadelth
Phillipa
Petroleum
Raynolda ‘Tobace
St. Louis
Beara Roebuck
Sincltir Consolidated Sloss
Gallfornkt Standard
New Jersey
Stewart Warner
Studebaker
Texas Company
Texad and Pago Sinceegens
Transvontinantal
Union Pacifie
United States
Induatels
Atcoho
United
Stil Wire
Utah Copper
Wabash
Westinghouse
Willya-Overlund Woolworth
Berbene
The Old Home Town exchange rates list
A list of currency rates includes Demand-Belgium 4.8844 Germany 23.81 Holland 40 144 Norway 16.80 Sweden 26.73 Denmark 18.79 Switzerland 19.38 Spain 14.64 Greece 1.67 Poland 19 Czecho Slovakia 2.98 Jugo-Slavia 1.68 Austria 14 Romania 47 Argentina 40.00 Brazil 10.6 Tokyo 41 Shanghai 7534 Montreal 1001-64.
MENTIONED IN THIS ARTICLE
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho- Slovakia
Jugo-Slavia
Austra
Rumania
Argentenia
Brazil
Tokyo
Shanghai
Montreal
Call Money and Commodity Markets Report
New York June 9 call money steady at 4 bid 4 offered 4 last loan 4 with 60 to 90 day loans mixed collateral. Hogs receipts 21000 with prices 11.00 to 12.55 for various weights. sheep and lambs notes show higher trims and steady to firm market. Butter prices 42 to 42 times per cent. overall market in fats and liquids held firm with premiums for top lots.
MENTIONED IN THIS ARTICLE
New York
Sugar Market Sags as Porto Rican Offerings Rise
New York June 9 The local raw sugar market softened as Porto Rican offerings increased and spot prices fell 132 points to the basis of 443. The only sale reported was 1000 bags Porto Rican for prompt shipment at quoted prices. Final prices mostly declined two to four points with July 2.69 September 2.83 December 2.90 March 2.92. Refined sugar demand remains steady with no new business, prices unchanged at 6.55 to 6.70 for fine granulated.
MENTIONED IN THIS ARTICLE
New York
Atte
Livestock Market Report From Chicago June 9
Cattle and calves market notes show steady to moderately active trading with 8000 head listed. Grades for yearlings and medium to heavy steers mostly steady, prices ranging around 10.30 to 11.25 per cwt. Heifers and mixed stock show similar firmness, with several loads at 11.26 to 11.60. Demand described as water-fibered and supply rising. little change in stock offerings.
MENTIONED IN THIS ARTICLE
Chicago
Grain Prices Rise on Crop Outlook and Market Shifts
Wheat prices moved up through the day in Chicago trading as expectations of a smaller government crop this year supported gains. July and September wheat quoted higher while corn and oats also advanced, with minor changes across the grain and provisions sectors.
MENTIONED IN THIS ARTICLE
Chicago
Jenet Snigher
Dairy market notes from New York and Chicago
New York notes show butter receipts 22 658 pounds with creamery products higher than extras and varied scores, while overall receipts total 63 482 and cheese receipts reach 194 844 pounds. Chicago reports a quiet trade with butter barely steady as buyers show little interest in medium products and exporters.
MENTIONED IN THIS ARTICLE
New York
Chicago
Wool Market Mixed Gains Amid Shifts in Prices in Boston
On June 9 in Boston wool prices edged higher across many trades with domestic fleeces firming and finer French combing lengths selling at 1.26 per pound clean. Fine combing and clothing varieties moved within narrow ranges while trading conditions remained active for domestics. Wash goods and cotton yarns saw steady demand for immediate delivery as raw silk softened and summer materials rushed to market amid new desk models from major manufacturers.
MENTIONED IN THIS ARTICLE
Boston
Cotton goods markets steady in quiet New York session
In New York on June 9 the dry goods market for cotton goods remained quiet with prices mostly steady on a low basis. Trade activity was subdued as buyers showed caution and sellers held to modest asks amid light speculative interest.
MENTIONED IN THIS ARTICLE
New York
Basia
Cash wheat and feed prices from Toledo market
Seed market report from Toledo lists cash wheat No 2 red at 1.89 to 1.91 dollars. Clover feed cash 17.60 with futures at 16.95 for October and 15.50 for December. Alsike, Arguat, 313.75, Timothy cash 3.80 with September 4.20.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Alsike
Timothy
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Ean
Proiter Rad Ash Coal Co
Winceton Power Co Coun
Hearawarg Oes
Higer W
Tonal’ Bank
Virginia Armature Co
Virginia Nerd Age
Discount Orp
Virginia Marten
Discount Corp
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THE
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C. Neikirk
Secy & Treas
Tanac -T. #fann
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Pocahontas Fuel Company, Incorporated
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Agenta
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