Markets End With Mixed To Flat Close In Broad Rally
New York stocks opened with strength then pulled back as selling resurfaced across many leaders. Auburn Auto surged on price reductions while Brooklyn Manhattan Transit gained on August maturity news. U S Steel and American Telephone weighed on the final close with volume at 1,188,040 shares.
MENTIONED IN THIS ARTICLE
Auburn Auto
Brooklyn-Manhattan
U. S. Steel
American Telephone
Telephone
Auburn
American Car
Consolidated Gas
North American
Woolworth
American Tobacco
Lowe's
Westinghouse
Union Carbide
Santa Fe
National Biscuit
General Foods
Peoples Gas
Public Service of New Jersey
Borden
Bethlehem
Bond Market Dims Despite Heavy Volume
The bond market showed a discouraged tone with support lacking outside top grade issues. Trading volume reached 12.112 million par value, 60 bonds averaged down about half a point as railroads led declines, while utilities and industrials faced less pressure. The New York Central sought 13.6 thousand from the Reconstruction Finance Corporation. Foreign bonds firmed after early weakness as France rallied and Germany steadied.
MENTIONED IN THIS ARTICLE
New York
United States
New York Central
Te Reconstruction Finance Corporation
Government bond closing prices New York June 9
United States government bonds closed with Liberty 348 at 100.31 and First 4s at 101.18. Fourth 4s traded 102.12, Treasury 448 at 103.26, Treasury 4a at 100.31, Treasury 3s at 98.8, and Treasury 338 at 96.16.
MENTIONED IN THIS ARTICLE
New York
United
Liberty
Treasury
Foreign exchange rates in New York at midweek
The New York market shows irregular foreign exchanges with quoted levels for Britain at 3.67 percent demand 3.945/16 cables 3.6744 60 day bill 3.65 percent and various currencies including Italy Belgium Germany Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Jugoslavia Austria Romania Argentina Brazil and others. Tokyo Shanghai and Montreal Mexico City markets listed.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Italy
Belgium
Germany
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Rumania
Argentine
Brazil
Tokyo
Shanghai
Montreal
Orien
Mexico City
New York Stock Exchange Quotations Report
Quotations foreighed by Bryan Kemp and Company feature the New York Stock Exchange alongside the New York Cotton Exchange and New York Curb Exchange. Managers James E. Mann and Jack R. Younger in Bluefield West Virginia coordinate the listing, with associated regional exchanges including Chicago Board of Trade and Richmond Stock Exchange.
MENTIONED IN THIS ARTICLE
N. Y. Stock Exchange
Bryan, Kemp and Company
New York Stock Exchange
New York Cotton Exchange
New York _Curb Exchange
Chicago Board of Trade
Richmond Stock Exchange
Treasury receipts and duties report for early June
Treasury receipts for June 9 show June 7 cuts at 4 249 267 33 with expenditures at 21 687 421 69 and a balance of 658 150 69. Customs duties for the first seven days of June totaled 3 820 445 71 with noted activity in the period.
MENTIONED IN THIS ARTICLE
Treasury
CALL MONEY RATES STEADY IN NEW YORK MARKET
New York money markets showed steady call money and short term rates on June 9. Overnight funds remained 2 1/2 percent with 60 to 90 day bills around 1 1/4 percent and 4 to 6 month paper near 1 percent. Bankers acceptances held unchanged.
MENTIONED IN THIS ARTICLE
New York
Chicago Livestock Market Report June 9
Chicago market mixed with cattle and hogs steady to higher. Hogs top 3.55 with 4,000+ holdovers. cattle slow but steady with steers up to 7.65 and cows 2.75 to 5.00. sheep 15,000 traded mostly 5.25 to 7.00, Idaho lambs at 6.25 with 20% out at 5.00.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Idaho
Pittsburgh Livestock Prices Mixed as Slaughter Hog Bids Fall
June 9 Pittsburgh market reports hogs mostly 10 to 18 lower with light weights 130 to 169 pounds at about 70.1 dollars per hundredweight, cattle and calves show varied grip with steers 900 to 1,300 pounds trading near 5.85 to 6.60, cows 2.85 to 4.0, veal milx fed at 5.00, lambs 90 pounds down but near 6.00 to 7.50 for good and choice and yearling wethers 3.00 to 5.00.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. 5
Commodity Prices and Stock Levels in Regional Markets
Listings show various crate and sack prices for onions potatoes butter eggs cheese and poultry across states. Items include Tennessee Texas Maine Alabama Louisiana and Carolina markets with specific weights and prices such as 50 lb sacks and 40 car loads.
MENTIONED IN THIS ARTICLE
Tennessee
Texas
Maine
Alabama Bliss
Louisiana Bliss
North
South Carolina
Cincinnati Produce Market Report
Cincinnati eggs market unchanged as of June 9 with steady pricing and supplies. Producers and traders note stable demand in the local market.
Toledo Grain Prices Note Basis and Wheat Corn Oats
Toledo grain on track 28440 rate basis nominal. Wheat No. 2 red 44 44 percent. No. 1 red 45 45 percent. Corn No. 2 yellow 28 28 percent. No. 3 yellow 27 27 percent. Oats No. 2 white 19 to 20 percent. No. 4 white 18 to 14 percent. seeds unchanged.
MENTIONED IN THIS ARTICLE
Toledo
Flour Prices Hover Near Steady in New York Trade
In New York on June 9, flour prices remained nearly steady with limited trading activity as markets absorbed supply signals and demand expectations.
Coffee futures steady amid mixed Brazilian and trade activity
Coffee prices moved unevenly in New York with Brazilian and trade selling offset by local buying. No 7 futures closed slightly down then up with July at 6.34 and March 6.14. Santos contracts mixed with July 9.30 and December 8.83. Market quiet overall.
MENTIONED IN THIS ARTICLE
New York
Santos
Sport
Rio Ta
Wheat Tumbles to New Low on Eight-Day Decline in Chicago
In Chicago, June 9, wheat fell to new record lows as offers overwhelmed demand. Trading involved allies of the federal farm board with overseas intake weak. Canadian exports reached 1,000,000 bushels, while Toronto reports cite a large US carryover. Government crop data late today failed to reverse the trend. Corn moved modestly, while other items were mixed.
MENTIONED IN THIS ARTICLE
Chicago
Federal Farm Board
United States
Toronto
Washington
Sugar prices firm as market shows small gains
Raw sugar in New York firmed with a 1/32 cent rise to 2.65 for spot. Sales began for June to August shipments at 2.65. Approximate sales total 24,200 tons in July and varied futures at 66, 73, 80, 82, 87, and 91 with refined sugar seeing better inquiry on a 3.70 granulated basis.
MENTIONED IN THIS ARTICLE
New York
Butter Prices Steady Amid Market Signals
Butter in Chicago shows steady prices with a range of quotes including 93 and 92 in freeh states, alongside several percentages and figures such as 169 and 1645. Centralized Carlota appears with 90 and varying percentages, reflecting a cautious market.
MENTIONED IN THIS ARTICLE
Chicago
Centralized Carlota
Curb Market Mixed as Oil Stocks Steady on June Turnout
New York curb market drifted lower with most leaders posting fractional declines. Transactions totaled 140000 shares, oil stocks were steady to firm, United Light convertible preferred fell 1 4 to 44 as utilities and industrials showed muted moves.
MENTIONED IN THIS ARTICLE
New York
Standard 01
Gulf Oil
Plymouth
Salt Creek
United Light
Fia
Share Commons
Cloth exports ease as prices fall in quiet trade
New York market report notes quieter demand for print cloths with moderate cases, sheetings moving in small lot quantities to bag makers, wash fabrics liquidating at low prices, and rising interest from men’s wear traders.
MENTIONED IN THIS ARTICLE
New York
Jane
New York Poultry Prices and Receipts Report
Dressed poultry steady and active stock unchanged. Broilers freight 13 21, fowls express 14 17, roosters freight 10. Eggs 25 172 irregular. Mixed colors recepits case 43 lbs net 1444, no grades 13 14, dirties 15 percent. White eggs Pacific coast standards 22 144, brown eggs western standards 16 16.
MENTIONED IN THIS ARTICLE
Adama Express
Alaska Juneau
Erle En
Packard Motors
Alleghany Conom Water Eyovies
Paramount Publix
Allied Chem
Penick and Ford
Alls Chalmers
Freeport Texas
Penney
J. C. Heedenne
Ilio Io Pennsania Rh
General
iPlea Gas
General Electric
General Focus
General Motors
Proctor and Gambi
Gillette
Ing
Public Service N A
Ab CO
Ah Pullman
T. Ray
Keith
Sen P
Republic Steel
Anaconda Corp
Weer Hershe
Bi Reynolds
Armour
Houdaille Hershels
Royal Dutch
Houston
St. Joseph Atch
Hudson Motors
Sears Roebuck
Atlantic
Hupp Motors i
Imnois Central
Gt Aviation Corea
Bus Harvester Sea
Socony Vacuum So
Calif
Edison
Baldwin Loco
International Shoe
Balto
Ohio
Southern Pacific
O'S
Barnsdall
Southern Railway
Bendix Aviation
Seeadene
Best and Co
Johns Manville
Standard Gas
Bethehem
Kelvinator
En and Co
Kennecott
N. J
Broo Man
Kroger Groc
Stewart Warner Ewe
Brooklyn-Union Gas
Ee Lambert Ce
Bo A Stone and Webster
Briggs S
Wees Lehn and Fink
Stueter Styay
Canada
Liggett and Myers Brut Ys
Texas
Sesbedeeves
Canadian Pacific
Texas Gulf
Case Thresh
Lowe's Inc
Timken Roller Eabys
Cerro de Pasco
Loiihard Tob
Transameria Corp
Chesapeake Corpn
Eee
TM Larulsville and
Nash
Underwood Elliott
Chesa
I Lou, Gas and
Elec
Ll Union Carbide Eee
St. Pan McKeesport
Pacific
Northwestern
McKesson and Robbins
United
Kan
Montgomery Ward
OM Vanadium Steel
Seeneewnee
Continental Baking A
Nat
Biscuit
Warner Pictures
Continental Can
Cash Register
Continental Insuran
Nat. Distillers
Dairy Area
Weason
Warner Brow
Ssseeeateeneee Continental Ol
Maryland
Staten
Centraae Ae
Delaware
Norfolk and Western
American Aviation
North American Co
Tman Kodak
Worthington Ween
New York
Broilers
Roosters
Pacific Coast
Wall Street Briefs From New York June 9
Weat inghouse Electric reports May costs at 1 603 268 with employee campaign and stockholder involvement. City banks arrange 23 million in loans including 15 million against a 151 million revolving credit. Chase National and National City receive 8 million tax notes and revenue bonds due 1933. Dudaille Hershey defers close A stock dividend to July amid business uncertainty.
MENTIONED IN THIS ARTICLE
New York
Weatinghouse Electric Company
New York City
New York Clearing House
Chase National
National City
Dudaille-Hershey Corporation
Trade Trends: Canned Foods and Clothing Markets Shift
The Associated Press notes little activity in New York canned foods while other markets show gains. California packers report larger asparagus shipments but expect shortages in low priced varieties. Men's clothing inventories remain 5 to 40 percent below prior year as retailers favor immediate needs over forward purchases. European crop year stats reveal lower consumption by 3 percent and production down 30.8 percent, with April 1 stocks 694,360 tons below last year. Georges Pellaton unveils an electric watch powered by a tiny storage battery.
MENTIONED IN THIS ARTICLE
Associated Press
New York
California
Snwar
B. W. Dyer and Company
Éngar
Dorothy Poynton in Olympic diving bid at Los Angeles
Dorothy Poynton of the Los Angeles Athletic Club appears pressed into a dramatic dive sequence with Marion Betty, noted lawyer and former weightlifting champion, in the Olympic swimming stadium. Poynton holds the national low board title and is a leading contender for high board and high platform honors.
MENTIONED IN THIS ARTICLE
Dorothy Poynton
Los Angeles A. C
Marion P. Betty
Betty
Los Angeles
Dorothy
Ladies auxiliary meeting of Roy Scott Post 39
The post auxiliary of the Roy Scott Post 39 American Legion will meet this evening at 8 o clock at the Y M C A on Scott Street.
MENTIONED IN THIS ARTICLE
Roy Scott
American Legion
Scott Street
Club Carolina Welfare Home Opens On Vine Street
A welfare home named Club Carolina opens at 123 Vine Street for colored women and girls. Initiated by Mrs Mamie Pearis and a committee, it offers shelter for the jobless, leisure spaces, and planned child care training. The Scott Street Baptist Church senior choir will meet at Mrs M A Allen's Vine Street home tonight.
MENTIONED IN THIS ARTICLE
Vine Street
Carolina
Mamie Pearis
Scott Street Baptist Church
M. A. Allen
Ohio mother fined for liquor possession to fund son's college
In Columbus Ohio Mrs Rose Stein 37 was found guilty in police court of possessing and transporting liquor. Prosecutors said her liquor sales were to raise money for her son to attend Ohio State University. Fines totaled 300 dollars.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Rose Stein
Ohio State
Bootlegging Detour Follows Failed Attempts at Sobriety
A university figure reports turning to bootlegging after a series of unsuccessful efforts to find a lawful path or remedy. The account notes multiple prior attempts without success and frames the shift as a last resort amid ongoing pressures.
Motor of Thimble Size Draws Pound Weight
Cleveland, June 7. John Lakota, a watchmaker, built an electric motor small enough to fit in a thimble yet powerful enough to pull a table. The device weighs one-eighth ounce, measures three eighths by one half inch, uses laminated iron, coils, and a transformer with a light circuit.
MENTIONED IN THIS ARTICLE
Cleveland
John Lakota
Lakota
Tses
Double Size Horse Grows Further. Takes Five Stalls
Waterloo New York reports Sillon LB the largest horse in the world and still growing. Clarence H. Van Wickle says the pure white nine foot tall, 21 hands high beast weighs about one and a half tons. Sillon LB outgrows his famed brother Sillon and required room through five stalls as he expands.
MENTIONED IN THIS ARTICLE
Waterloo
N. Y
Clarence H. van Wickle
Sillon
van Wickle
Sillon B
France
Sillen
Baltimore Livestock Market Report Summary
Baltimore market notes cattle numbers and price ranges for steers cows heifers and calves with steady or higher quotes. Hog and sheep/lamb counters show small gains and steady readings with regional Ohio hogs up about ten.
Pittsburgh Produce Market Report Jun 9
Produce demand below. Apples 11 cars steady. New York Russets 3.00 per 25, Ben Davie 2.75 per bushel. Baldwins 1.15 per 25, Russeta 1.00 per 25. Cabbage 17 cars weaker. Texas 50 lb sacks 1.75 per 85, Mississippi 6 per sack.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. 5
New York
Also Mentioned on This Page
Lene
Standard Statistica Co
R.blott
Standarrd
R.r.utty
Anene
C. B. Hancock Investments Cities Service
Aguaecas Electric Power Company
Cities Service
West Virginian Hotel
Bluefield, W. VA
James E. Mann
Jack R. Younger
Chicago Livestock
Pittsburgh Livestock
Cincinnati Produce
Cincinnati
Toledo Grain
Chicago Grain
NEW York Poultry
Wall Street Briefs
Dun's
Georges Pellaton
News OF the Colored People
Club Carolina
Liquor
Parsons
W. Va
Ray Burrs
Here
Tucker County
C. L Alexander
Harry Bowen
James Elwood Jones
Wi. TN. Hawthorne
Arthur J. MacBride
R. le Wallace
Pocahontas Fuel Company
ONE Broadway
Reg
Pocahontas
Great Lakes
Nidewaten Cibrs
Lambert
Sewa
Point
Norfolk
Newport News
New Bedford
Mass
Salem, Mass
Mystic Wharf
Boston
Portland, Maine
Sandusky
Branct
Mage
Norfolk, Va
Bluefield
Detroit
Mich
Portland
Forreign
Moxmey, Sa von & Co, Ltd
Lime Street Square
London
LY C
England
Coal Treading Association
Rotterdam
Holland
Ee Gundersen
Bergen
E. Pinto Basto & Co., Ltd
Lisbon
COE & Clerics
Lomellivntti
Genoa
Arthur Felldin
Drottninggatan
Stockholm
Aktiebolaget Bergbrun
Gotherburg
Freckles
Blosser
KY ‘Yi
Poodle
Hane YA
Mister
Dogi
Baltimore Livestock
Baltimore
Nerterday
Epuay
Laer
BY Sidney Smith
Townsend Zander
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