Stock Market Faces Uncertainty Amid Mixed Trading
New York traders saw dull, uncertain sessions with a tentative uptick as key issues rallied briefly. U S Steel Bethlehem Steel Loew s General Motors Westinghouse and Case gained 2 to 3 points while utilities stayed buoyant and rail shares followed Central.
MENTIONED IN THIS ARTICLE
New York
Hally
i@ market
New York Central
U. S. Steel
Bethlehem Steel
Loew's
General Motors
Westinghouse
Raila
Central
Baltimore & Ohio
New Haven
Atchison
Southen Pacific
Wall Street
Bond Market Rises on Moderate Activity Across Sectors
Irregularly higher prices marked today’s bond market as activity increased. Gains led by foreign obligations, with several weak spots, while U S government loans were quiet until the final hour. Domestic corporate loans rose mainly in industrial and rail issues, and utilities were split between gains and declines.
MENTIONED IN THIS ARTICLE
New York
United States
Hancock Investments and Regional Shares Movement noted
In Bluefield West Virginia fundamental and city service shares moved, with Cities Service Common and Indian Territory Oil changes. Mullens Grocery Co. saw a 70.00 shift, and fundamental trust shares showed activity with a 1 percent change.
MENTIONED IN THIS ARTICLE
C. B. Hancock Investments
Bluefield
West Virginia
First National Bank
Bld Mullens Grocery Co
Fundamental Trust
Negeecree Cities Service
Indian Territory Oil
Call Money Rates Hold Steady In New York Market
Call money in New York on June 10 remains steady at 1 1/4 percent for the day. Time loans show slight variances with 60 days at 1 1/2 percent, 3-4 months at 1 1/2 percent, and 5-6 months at 1 1/2 percent. prime commercial paper at 2 1/2 percent and bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Foreign exchange rates steady in markets with varied demands
New York on June 10 reports steady foreign exchanges with Great Britain quoted in dollars and other nations in cents. Listed demands include France 3.91 percent, Belgium 13.92 percent, Germany 23.72, Norway 26.77, Switzerland 19.40, Argentina 30.6244, Tokyo 49.33 and Mexico City gold peso 49.25, among others.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Romania
Argentine
Brazil
Tokyo
Shanghai
Montreal
Mexico City
Treasury Receipts and Expenditures Report
Treasury receipts for June 8 totaled 8.48 million dollars with expenditures of 26.26 million and a balance of 50.36 million. Customs receipts for the month ending June 8 were 7.83 million.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Dry Goods Trade Report Hints Mixed Demand in New York
In New York on June 10 cotton goods saw slightly better demand in finished and printed wash goods. Wool goods moved fairly on fall duplicate orders. Rayor yarns were irregular for inferior stock. Burlaps weakened and quiet. Silk showed little change in the day’s activity.
MENTIONED IN THIS ARTICLE
New York
Butter markets slip as buyers lag in Chicago trading
Butter prices eased in Chicago as liberal offerings outweighed stagnant demand. Prices for fresh 93 score faded to 22 2214 with varying 92 to 87 scores and corresponding percentages, while centralized 90 score stood at 21 percent with similar drumbeat of numbers.
MENTIONED IN THIS ARTICLE
Chicago
Raw sugar finishes unchanged as futures slip
New York sugar markets little changed with raw futures easing 2 to 5 points to close. Approximate sales reach 29,900 tons while refined sugar holds at 4.45 for fine granulated. Prices listed for July through May advance from 1.22 to 1.49.
MENTIONED IN THIS ARTICLE
New York
Market Notes From Cincinnati June 10
Cincinnati report lists egg prices with quiet market conditions. Prices shown include extra firsts at 16 cents and flats 1444 cents with seconds 14 cents. Nearby graded values appear at 16 cents.
MENTIONED IN THIS ARTICLE
Cincinnati
Ohio
Produce prices and stock for June from Pittsburgh market
Pittsburgh market report shows slow demand with apples unavailable. Cabbage strong at 24 cars, prices for Mississippi crates 2.25 to 2.59 and Virginia barrel 1.50 to 1.75. Onions steady with Texas crates 1.00 to 1.25 and 50 lb sacks 1.00 to 1.60. Potatoes steady with Alabama sacks 1.75 and Cobblers barrels 2.50 to 2.75. old stock Maine Green Mountains sacks 1.75. Butter eggs cheese and poultry unchanged.
MENTIONED IN THIS ARTICLE
Pittsburgh
Mississippi
Tennessee
Virginia
Texas
Alabama
North
South Carolina
Maine
Green Mountains
Rain Relief Lifts Saskatchewan Wheat Amid U S Crop Bullish View
Rain relief in Saskatchewan eases drought effects while U S crop figures show spring wheat at 67.9% condition vs 85.2% a year ago, seen as bullish. Wheat closes irregular with mixed moves. corn and oats mostly steady. provisions mostly unchanged to up 2 cents.
MENTIONED IN THIS ARTICLE
Chicago
Saskatchewan
United States
Seed and grains unchanged in Toledo market
In Toledo Ohio on June 10 seed and grains prices remained steady with no reported changes. The market bulletin shows stable values across listed commodities.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Wall Street Briefs: Mill Expansion and Sales Gain
New York reports Campbell plant sheet mills boosted to 12 from prior level, with Hudson Motor Co executive noting a 30 car week over the previous year. Liggett and Myers Tobacco cites advertising’s impact as it opens in 1,900 papers to revive business confidence.
MENTIONED IN THIS ARTICLE
New York
Youngstown Sheet and Tube Company
Campbell
William J. McAneeny
Geoneent
Hudson Motor Company
Liggett and Myers Tobacco Company
N Y Stock Exchange Quotations
Jack R. Younger serves as assistant manager amid the daily quotations from the New York Stock Exchange.
MENTIONED IN THIS ARTICLE
N. Y. Stock Exchange
Jack R. Younger
Advertising Aims To Spur Prosperity And Steel Yard Plans
A major newspaper advertiser says ads can inspire planning and prosperity. National Transit Pump and Machine of Pittsburgh recalls many workers to full-time shifts with extra hours in at least two divisions after big orders. The Russian government plans a scrap iron and steel yard with 400000 tons capacity larger than any U S plant.
MENTIONED IN THIS ARTICLE
United States
National Transit Pump and Machine Company
Pittsburgh
Institute of Scrap Iron and and Steel
Trade Trends Highlight Copper Weakness and Steel Slump
Copper prices slipped to last week’s low of 8 cents per pound amid weak demand. Steel operations may dip below summer lows with no near term gains as automobile and railroad demand wanes. Zinc demand improves with prime western zinc at 3.30 cents per pound in East St. Louis.
MENTIONED IN THIS ARTICLE
Associated Press
Prime Western
East St. Louis
New York Poultry Prices and Dressed Firm Markets
New York June 10 Egge 45 130 mixed colors regular packed closely selected heavy 19 20 extra 18 419 extra first 18 18 first 17 17 seconds 16 medium first 15 446 nearby western white average extra 21 44 poultry dressed firm unchanged live steady broilers by freight 19 28 by express 29 35.
MENTIONED IN THIS ARTICLE
New York
Western An
Freight
Express
Chicago Livestock Prices and Trends on June 10 Market
U.S. Department of Agriculture market notes show hogs 18,000 head with direct sales, mixed demand from slow to active, prices for 140-260 lb hogs around 6.15 to 6.60. Cattle and calves 14,000 head with general steady to lower bids, fat stock varying by weight from 4.75 to 9.50 for vealers and 5.25 to 7.26 for cows and feeders. Sheep and lambs remain largely steady with lambs at 7.00 to 9.00 for leading grades and lighter weights around 8.00 to 9.36 including some high bids.
MENTIONED IN THIS ARTICLE
U. S
Pittsburgh Livestock Prices Report June 1047 Market
U S Dept of Agriculture hogs 139-160 lbs 6.70 6.90 light 160-200 lbs 6.80 7.00 200-250 lbs 6.50 7.00 250-350 lbs 6.00 6.60 slaughter pigs 10-150 lbs 6.40 6.75 cattle steady to higher steer 900-1300 lbs 6.75 7.50 cows 4.75 7.00 calves vealers 7.00 8.50 sheep lambs 90-100 lbs 6.50 9.00 yearling wethers 90-110 lbs 8.75 6.50 ewes 90-150 lbs 1.25 2.75.
MENTIONED IN THIS ARTICLE
Pittsburgh
U.S
Baltimore Livestock Receipts Reported for June 10
Baltimore livestock receipts list prices by category including steers bulls cows heifers fresh cows and springers and various sheep and hogs ranges. Notable figures show spring lambs good to choice up to 9.50 and hogs at 7.25 for light and 6.80 for heavies with calves around 4.00 and 100 calves reported.
MENTIONED IN THIS ARTICLE
Baltimore
Fox Film Reorganization Completes with Eight Directors
New York June 10 eight new directors named to Fox Film corporation mark completion of a reorganization begun after William Fox relinquished control. Directors include Albert H Wiggin Cornelius Vanderbilt Frank Watts George M Moffett Philip R Clarke David K B Bruce Edward R Tinker and Samuel W Fordyce.
MENTIONED IN THIS ARTICLE
FOX Film
New York
Fox Film Corporation
William Fox
Albert H. Wiggin
Cornelius Vanderbilt
Frank ©. Watts
George M. Moffett
Philip R. Clarke
David K. B. Bruce
Mellon
Edward R. Tinker
Samuel W. Fordyce
Curb Market Rallies Late Trading Amid Utility Lift
In New York June 10 curb stocks closed irregularly higher after sluggish morning trades. Utilities led the advance with Electric Bond and Share rising about 2 points and other power issues like American Gas gaining. Volume reached about 200000 shares as oils and specialties followed.
MENTIONED IN THIS ARTICLE
New York
American Gas
Utilities lead advance steady amid profit taking in rest
Electric, Ohio Power Preferred and United Gas Preferred led a cautious market retreat after yesterday’s gains as the list failed to participate. Humble dropped on profit taking while Standard of Nebraska rose about 3 points and Gulf gained over 2. Cities Service added 1 to 2 as specialties and industrials showed little trade and notable irregularity.
Police Seek Robbers After Grocery Store Theft
Police hunt for an unidentified man who robbed the Yellow Front store on Logan Street of groceries, candy, and cigarettes valued at 25 dollars. Owner Robert L. Duff says this is the seventh robbery in three years and second in less than three weeks, with two locks smashed from the front entrance.
MENTIONED IN THIS ARTICLE
Logan Street
Robert L. Duff
Osborn Named Tate Polige Read Succeeding Brooks
Dr Osborn named head of city health department succeeds Brooks in a swift appointment. He expected the governor's commission imminently and planned to leave for Charleston soon. City Manager Robinson said the health officer post will stay open until the council meeting next Tuesday.
MENTIONED IN THIS ARTICLE
Department of Public Safety
Osborn
Charleston
L. M. Robinson
Father and Son Face Prohibition Charge
J. M. Jones, 52, and his son W. H. Jones, 29, of Cumberland road were jailed after a federal probe found they sold moonshine liquor. They await a hearing before United States Commissioner Thomas H. Scott.
MENTIONED IN THIS ARTICLE
J. M. Jones
W. H. Jones
Cumberland Road
Thomas H. Scott
United States
Work 10 Start on Orchard Street Grading
City Manager Elmer Barton announced work will begin this morning on grading Orchard Street between Pearl Street and Cumberland Road. A limestone ledge must be blasted before paving and wider traffic is expected later this year. City forces under City Engineer Kyle Bruce also began extending a sanitary sewer line from Wythe Avenue to Cumberland Road to serve new houses.
MENTIONED IN THIS ARTICLE
Orchard Street
Pearl Street
Cumberland Road
Elmer Barton
Barton
Kyle Bruce
Wythe Avenue
No Move Planned for War Debts Conference
London prime minister Rameau MacDonald told the house of commons there is no current plan to call an international war debt conference. He said Britain’s stance on war debts is well known and a conference aimed at mutual cancellation would not serve a useful purpose at this time.
MENTIONED IN THIS ARTICLE
London
Rameau MacDonald
House of Commons
Beer sale would boost revenues for tax income
Rep Dyer told President Hoover that legalized beer sales could raise at least 1 billion dollars in annual tax revenue. He cited a treasury actuary for figures, with about half to the federal government. WCTU warned Massachusetts to expect widespread beer consumption to fund taxes.
MENTIONED IN THIS ARTICLE
Washington
Hoover
Dyer
Republican
Missouri
Wickersham
Law Enforcement Commission
Davis
Pennsylvania
Treasury
Women’s Christian Temperance Union
District of Columbia
Also Mentioned on This Page
Hursday
Bluefield Daily Telegraph
W. Va
Bethlehem
Standa Tatiatica Co
R.R
Atty Tot
Ida
Igh
Standard Statistics Co
Ind
Liberty
Cincinnati! Produce
Chicago Grain
Toledo Grain
Wall Street Briefs
The
Bluefield, W. VA
New York Stock Exchange
New York Curb Exchange
Richmond Stock Exchange
James B. Mann
New York Cotton Exchange
Chicago Board of Trade
Adame Express
Kelvinator Ee
Eee Wen See Seweese
Waeneee
Kennecott Copper
Alleghany Corpn
Allied Chemical Ee Er
Krueger and Toll
Liggett and Myer
Liquid Carbonicoom
American Rolling Mills
Lowe's Inc
Owen
Olis American Smelting
T. and
Lou. Gas and Elec
McKesson and Obbins
Nasccocnnsesetes Cannes
Au Armour
Mathieson Alkali Atchison, T
Auboce
Auburn Auto
Missouri Kans
Tex
Baldwin Loco
Tee
Montgomery Ward
Balto
Nash Motors
Barnsdall A
Bendix Aviation Mn
Best and Co
Bethlehem Steel Een
Borden and Co
Nat
City
Brooklyn-Union Gas
Navada Cons
She Briggs
N. Y
Central Ee
Sita Byers
Ceeccwsssie Duhueweeee
North Amer
Calif
North American Co
Calumet
Arizona
Otis Elev
Heela
Pac
Gas
Elec
Canada Dry
Canadian Pacific
Packard Motors
Paramount Publix
Omen
Cerro de Pasco Ween
Penick and Ford
Chesapeake Corona
Wan Ee Wm Mwereen
Penny
J. C
Chesa
Penn Dixie Cement
Cnasadies Oh
Chicago Great Western
OY Pennsylvania R. A
Mil
S. P
Phillips Pet
Chicago Northwestern
Pillsbury
R. I
Chrysler
Prarie
Gils
Coca-Cola Eeaeee Proctor and Gamble
Suete
Public Service N. J
Commonwealth and Southern
Pullman
Radio Corpu
Radio
Keith Orpheum
Remington Rand
Congoleum Nairn Ween Eee
Reo Motors
Republic Steel
Continental Baking A
Reynolds Metals
Continental Can
Crucible Steel
Sears Roebuck
Curtis-Wright
Curtis-Wright A
Shell Union Oi
Davison Chemical
Simmons Bed
Delaware and
Hadsan
Sinclair Oil
Eee
enne a\ Drug Inc
Southern Calif. Edison
du Pont
Eastman Kodak
Southern Pacific
Southern Railway
Erie
Federal Water Service
Stewart Warner _ ewan
General Pub. Service
Il Transamerica Corp
Mem Crees
Gillette Safety
Underwood Elliott Ween
Gliden Co, Enne
Sha ‘Union Carbide Ween
Union Pacific
Graham Paige
United Aircraft Nd
Great Northern
United Carbon United Corpn
Grigsby Grunow
Goodyear Tire
United Gas, Improvenn
Gulf States Steel
Emma Enn
Hershey
Houdaille Hershey
Houston Oil
Utilities Power
Hupp Motors
Warner Pictures
Illinois Central
Wee
Western Maryland
Slater 1
Int. Bus
Mdh
Western Union
Harvester
Nickel
Ewe Remem
Willys-Overland
Wed
Eeeesasneerecesyaewers
Inland Steel Rd Od
Manville Ee
Worthington Pumpwer
Kansas City Southern
Youngstown Sheet and Tube
BY Sidney Smith
Jom
UO Her
NEW York Poultry
Chicago Livestock
Pittsburgh Livestock
Baltimore Livestock
Osbgan
Tate Polige Read
Brooks
Isaac T. Mann
James Elwood Jones
O le Alexander
Arthur J. MacBride
R. L. Wallace
H. R. Hawthorne
Pocahontas Fuel Company
Broadway
Pocahontas Coal Fields
Tidewater
Great Lakes
Atlantic Coast
Casey Pocawimias
Lambert's Point
Sewall's Point
Norfolk and
Newport News
Origenal
New Bedford
Mass
Salem, Mass
Mystic Wharf
Boston
Portland, Maine
Sandusky
Portland, Feaine
Reyfolk, Va
Bluefield, W
Vas
Chicago, Ai
Etroit
Moxey, Savon & Co., Ltd
Lime Street Square
England
Coal Trading Association
Rotterdam
Frederick Gundersen
BE. Pinto Basto & Co., Ltd
Lisbon
A. Cob & Clerics
Lomehint
Genoa
Rere
Arthur Felldin
Drottninggatan 77
Stockholm
Aktinbolaget Bergbrun
Gotherburg
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