Markets rally as stocks recover balance with brisk advances
New York June 10 stocks recovered their balance and advanced briskly led by Auburn Auto which rose 22 points against shorts. Major gains in U S Steel American Tele Con Gas and other big names boosted volume to 1 270 180 shares while traders eyed crop data and a looming end to Congress grind.
MENTIONED IN THIS ARTICLE
New York
Auburn Auto
Shorts
Eat
Dollara
Congress
Steel
American Tele
Consolidated Gas
Peoples Santa Fe
Union Pacific
Safeway Stores
American Tobacco
Allied Chemical
Liggett and Myers
Bond Market Ends Flat After Mixed Sessions
The bond market closed dull with little change from yesterday as averages stayed nearly even. Volume fell to 8.46 million par value from 12.11 million the prior day while rail and utility issues showed mixed moves and certain oil stocks edged higher.
curb market gains as industrials lead stock advance
New York curb market trading today saw broad gains with leaders rising 1 to 5 points and total volume at 150000 shares. Aluminum Company of America climbed 2% while Cord rose about 0.3% on Auburn rally strength. Oil group activity increased though Standard and Gulf issues moved in fractions. Imperial Oil held steady after reporting 68 cents a share earnings in 1931 vs 71 cents in 1930.
MENTIONED IN THIS ARTICLE
New York
Pevenly
Pan- American Petroleum
Richfield Oil
Stock Exchange
Aluminum Company of America
Cord
Auburn
Raina
Standard Oil
Gulf Oil
Imperial Oil
Bond issues total 37 million across states and cities
New state and municipal bonds scheduled for next week total 37,665,102 per the Daily Bond Buyer. Illinois, Maine, New Jersey and Buffalo NY account for most. Iron and steel scrap offerings in Youngstown district show nominal, easy prices with heavy melting steel at 8.75 to 9.15 per ton.
MENTIONED IN THIS ARTICLE
New York
Illinois
Maine
New Jersey
Buffalo
N. Y
Youngetown
Stee
Market notes on power firm Citing and Cities Service
Market brief notes power company R and Preferred at market share mentions Cities Service closing 2 percent in June. Fragmentary text cites Barcoss vestments and tarrieeat terminology with unclear context.
MENTIONED IN THIS ARTICLE
Barcoss
Tarrieeat
Palaenteetric Power Company R
Cities Service
New York Stock Exchange Quotations Display
Bryan Kemp and Company furnishes New York Stock Exchange quotations and related exchange listings. The notice lists contact details in Bluefield West Virginia and identifies JAMDS BE Mann as manager and Jack R Younger as assistant manager with exchange affiliations including Chicago Board of Trade and regional exchanges.
MENTIONED IN THIS ARTICLE
N. Y. Stock Exchange
Bryan, Kemp and Company
New York Stock Exchange
New York Cotton Exchange
New York
Chicago Board of Trade
Richmond Stock Exchange
Market reports show drop and steady earnings pace
A new low and off 50 cents a ton from a week ago. Wall Street hears that earnings of Commercial Solvents corporation in the first two months of the current quarter were at about the same rate as in the first quarter when net profit was $293,464 or 11 cents a share.
MENTIONED IN THIS ARTICLE
Wall Strect
Commercial Solvents Corporation
Call Money Steady in New York Market
Call money in New York on June 10 remains steady at 2 1/4 percent all day. Time loans hold steady. Prime commercial paper for 60 to 90 days quotes at 4 1/6 percent and 4 to 6 months at 1 percent. Bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Foreign exchange rates in London and major markets
The market report shows easy foreign exchange in New York with Britain at 3.67 dollars, France 3.93, Italy 6.12, Belgium 13.94, Germany 3.75, Norway 18.34, Sweden 18.84, Switzerland 16.52, Spain 8.25, Greece quoted to Poland and Czechoslovakia, and distant markets including Argentina, Brazil, and Tokyo.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Ahea
Belgium
Germany
Holland
Portugal
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Rumania
Argentine
Brazil
Tokyo
Shanhai
Montreal
Mexico City
Government Bonds Market Report from New York
United States government bonds closed with Liberty 8 3 8 at 100.1, First 444s at 101.27, Fourth 446 at 102.11, Treasury 448 and 48 listings, Treasury 3 4 at 46-566, and Treasury 3 at 96.10. Prices and yields reflect ongoing trading in the June 10 session.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Treasury
Treasury Receipts and Expenditures for June 8
Treasury receipts on June 8 totaled 5 615 041.03 dollars with expenditures at 20 205 983.99 dollars leaving a net balance of 256 067 208.42 dollars. Customs receipts for the first eight days of the month amounted to 4 429 626.99 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Coffee Futures Rise on Foreign Demand and Frost Hit Brazil
Coffee advanced as foreign buying supported by strength in Havre and frost in a Brazilian district. No 7 contracts opened 10 to 13 higher and closed 8 to 12 higher with 3,000 lots traded. Santos rose 8 to 11 and closed 4 to 14 higher with 16,000 tons. Closing quotes show July Nos 7 at 6.37 and Santos July at 9.40.
MENTIONED IN THIS ARTICLE
Uy Ie Pac
End Biles
Federal “Water Service
Foster Eee
Paramount Publix
Ite
Allis Chalmers Oes
Peeeieebene
Penick
Freeport
Texas
Penney Ac
Pennsylvania
General Electric
American Water Works
Adet Rorieta
Corpee
Betwee
Ae Ree
Motors
Republic Stee
Associated Dry
Heerahey Choe
Heynhoide Metals
Reynolds
St. Toya Joseph
Lead Cove
St Auburn
Hupp Suneee Central
Roebue
Us Aviation Corpn
Harvester
Rocony Vacuum O'S
Virion Siseeee International Shoe
Iis
Wdison
Beat An Co
Bly O . Bethlehem
Southern Pacific
Bor
Ohna Manville
Southern Railway
Standard Brands
Brooklyn Man
Trans
Kemwater Kennecott Copper Sass
Standard Gas
Eeeee
Brooklyn-Union
Kroger Groce
Cal Wee
Byers
Lambert Co
Lehn and Fink
Stewart Warner
Myers
Northwest Agg! Soy and
Nash and Wieo
Union Cardi
Pac
Mekeeaport
Union Paecific Sete Eee
Shy Shevsler Coca-Cola
If United Alora
United
Mathieson
Ind
Nat
Biacult
Sas Seeteeeteet
Continen Ineu
Cash Warner Pi Por
Dairy Ddude
L.T
Maryland
Mon
artiss-Wright Aly
Wastinghouse Fists
Norfolk
North American Co
American Aviation
New York
Havre
Frost
Santos
Flour New York June 10 Report
Flour reports in New York on June 10 with unchanged figures and market tone. No further details available in the fragment.
Chicago Markets Report Mixed Scores and Prices
Chicago figures show varied scores and prices with multiple numeric entries. Centralized carrots register rates and percentages alongside fresh figures, indicating fluctuating market readings for the day.
Raw Sugar Prices Firm as Inquiry Rises in New York
Raw sugar remained firm with yesterday's levels at 2.65, but inquiry strengthened to 4 at that price. Offers did not drop below 2.68 to 2.70. Total sales reached 32,950 tons. Futures closed July 2.69, September 2.75, December 2.84, January 2.85, March 2.90, May 2.95. Refined sugar held at 2.70 for fine granulated with improved demand expected over the weekend adjournment.
MENTIONED IN THIS ARTICLE
New York
New York Poultry Market Report Notes Prices
New York June 10 report lists dressed ultra trees and fowls with fresh and frozen items. No prices quoted for poultry nominations.
MENTIONED IN THIS ARTICLE
New York
Produce demand slows in Pittsburgh market report
Pittsburgh June 16 market dispatch shows sluggish demand across multiple produce lines. Apples, cab bagged and sack forms show weakness with specified regional lots and price ranges. onions and potatoes also reflect softer trading as buyers hesistate.
Dry Goods Trade Report from New York Market
The New York market shows steady prices for print cloths with less activity. Sheetings sales moderate while wool goods buying remains light and burlaps stay quiet.
MENTIONED IN THIS ARTICLE
New York
Grain price report from Toledo market
Grain on track 281 cents per bushel with basis nominal. Wheats, corn, oats and seeds listed with various bid prices and grades. No. 2 red wheats and corn notes, with oat and seed pricing shown. overall unchanged.
MENTIONED IN THIS ARTICLE
Toledo
Wheat Prices Rally on Bullish Washington Stop Figures
Chicago grain notes show wheat prices posting a late-day surge as buying demand strengthens and bulls leverage stop figures from Washington. Market mood lifts in response to New York stock gains, boosting confidence among buyers and fueling further advances.
MENTIONED IN THIS ARTICLE
Chicago
Washington
New York
Market closes with modest gains across grains and provisions
Wheat and corn edged higher while rye and oats advanced slightly and provisions held steady near day’s end. Prices finished near the top of the session as traders weighed supplies and demand factors in a cautious trading day.
Pittsburgh Livestock Prices Report for Hogs Cattle and Calves
Hogs 1600 head active 10 15 higher with light weights 130-160 lb at 3.45 90, 160-200 lb at 5.86 4.00, 200-250 lb at 3.50 95, 250-350 lb at 3.10 80, slaughter pigs 100-130 lb at 3.10 45. Cattle 40 head, steers 900-1390 lb good 6.85 6.60, common to medium 4.25 5.85, heifers 550-850 lb good 5.00 6.5, cows 2.85 4.00. Calves 125 head slow to steady, weaners 500 lb down good and choice 7.50 common and medium 8.75 6.00. Yearling heifers 1 11 medium choice 3.09 5.00. Market data from Pittsburgh June 10.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S
Baltimore
Ohio
Jly
U.S
Baltimore Livestock Prices Reported June 10
Baltimore livestock market update lists cattle with prices for cows steers bulls and heifers and readings for sheep lambs hogs and calves. Increases noted for Ohio hogs and general steady to higher calf demand with prices shown for good to choice and mid ranges.
Chicago Livestock Prices Reported By Chief June 10
U S Dept of Agriculture notes market activity in Chicago with cattle and hogs listed. Hogs include sows and various weight classes. cattle show ranges for veal, cows, and yearlings, with sheep at steady to slight gains and lambs around 6.90 to 7.00 for large lots.
Jersey City Livestock Market Report June 10
Jersey City livestock figures show 1,780 cattle including 1,650 direct with steers steady to strong and prices 6.50 to 6.85 for particular grades. Vealers 1,860 with 1,240 direct. veal prices 6.00 to 6.50 for good grades. Sheep and lambs total 8,730 with lambs steady to strong and prices 6.50 to 7.60. hogs 1,750 all direct with nominal market.
MENTIONED IN THIS ARTICLE
Jorney
Arrong
Trade Trends and Price Shifts in June Engineering Market
Construction contracts awarded in the week ending June 6 total 44.009 million dollars, the year's high, with federal awards at 21 million. YTD federal contracts reach 513 million, up from last year. Gasoline prices rise with the national average at 58.87 cents, up 0.4 percent from the prior week. Crude oil wells average 0.860 per barrel, up from last year. Machinery sales show a brighter outlook but remain quiet in the near term.
MENTIONED IN THIS ARTICLE
Associated Preas
Engineering-Newa
United States
J. Edward Jones Research Department
Midnight Dance At Hillside View Marked Weekend
News of the Colored People notes a midnight dance at Hillside View with skating all day on June 12. The Wat- kins funeral for Payton Watkins, who died Thursday afternoon in Algoma West Virginia, will be held Sunday at Mount Ebenezer Baptist Church in Algoma with a service by Reverends Dabney Crockett Watkins. Burial follows in Lincoln Park cemetery Bluefield on the Bluefield Princeton road.
MENTIONED IN THIS ARTICLE
Hillside View
Mount Chapel Baptist Church
Keystone
Algoma
Bluefield
W. Va
Watkins
Lincoln Park Cemetery
Princetonn
Lights speed planes cut travel time Rhodesia to Cape Town
Airdromes in South Africa equipped with lights allow faster air travel from Salisbury Rhodesia to Cape Town. The daytime and nighttime flight now takes fifteen and a half hours, compared with sixty eight hours by train.
MENTIONED IN THIS ARTICLE
London
South Africa
Sallebury
Rhodesia
Cape Town
Mayors Urge Hoover for 5 Billion Prosperity Loan
A group of American mayors campaigns at the White House urging President Hoover to back a 5 billion dollar prosperity loan and immediate unemployment relief for needy communities. Front row includes Boston mayor James Curley and Detroit’s Frank Murphy. back row features Milwaukee mayor H D Hoan Grand Rapids city manager George Walsh and New Orleans finance official A Miller Pratt.
MENTIONED IN THIS ARTICLE
Ayors
White House
Hoover
James W. Curley
Boston
Frank Murrphy
Detroit
Ray Miller
Cleveland
H. D. Hoan
Milwaukee
George Walsh
Grand Rapids
Mich
A. Miller Pratt
Finance Bureau
New Orleans
Mackmen wallop Cleveland Tribe in rousing tilt
Detroit report notes Henry George Schuble hit two home runs, three in two games, but Yankees won 8 7 in 11 innings. Parlo Comba doubled, Joe Sewell singled in the decisive run with two out. Gehrig homered for New York. Lefty Vernon Gomez earned his eleventh win. Umpires Van Jan and Valin. Time 8.10.
MENTIONED IN THIS ARTICLE
Detroit
Henry George Schuble
New York Yankees
Yanks
Parlo Comba
Joe Serve
Lou Gehrig
Vernon Gomez
Yankee
New York
Aahagnessigre Gee
Aa Stone
Satan
Eevee
Waikar
Lawrence
Scssseeese
Mbio
Csveeveeees & S
Herring
Wyatt
Heowsett
uzzAlexander tezzJohnson
Uhie
Sth
Hogasett
waazRan
Alexander
Ith
Gehrig
Ghapenan
Dickey
Comba
Gehringer
Sewell
Rogell
Schuble
Walker
Crosett
Combe
Genringee
Sehubie
Tinvie
Noted scientist placed in custody in Philippines era case
Washington reports Dr. Dantel Folkmar a 71 year old anthropologist and former Philippine civil service official was arrested on a charge of assault with a deadly weapon after allegedly threatening to harm tenants with a two foot Philippine bolo knife. He held Mrs Hallie Lee and two children in a second floor apartment for a few hours while his estranged partner sought escape.
MENTIONED IN THIS ARTICLE
Washington
Dantel Folkmar
The
Philippines Civil Service
Mra
Hallie Lee
Boston Goes Into Lead Beating Giants in Open Play
Boston seizes the lead with a straight loss for the Reds as a sixth inning error by a Giants fielder and four hits allow tied score. Grantham misplay and Ott's fly ball drive in the decisive run.
MENTIONED IN THIS ARTICLE
Reds
Giants
Grantham
Ott
Latvians’ Stone Thrown at Riga Legation
Washington reports Felix Cole says a stone wrapped in a red flag was thrown through a first floor legation bedroom window in Riga. The flag bore Lettish protest wording signed by Latvian Communist and Labor parties. No injuries. two window panes broken. no suspect found.
MENTIONED IN THIS ARTICLE
Washington
Felix Cole
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Bluefield Daily Telegraph
Bala
Advange
Standard Statietica Co. Ie Ind
Standard Statistics Co
Erone
Wall Street Briefs
Hotel Bidg
Bluefield, W. VA
Jamds BE. Mann, Manager
Jack R. Younger
Rio
NEW York Poultry
U. 8
Depts
Kansas
Mississippi
Tenneteec
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Ateady
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Toledo Grain
Chicago Grain
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Chicago Livestock
Jersey City Livestock
Machinery Salts
Aya
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Marshall
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Erman
Thte Douthit
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MW. T. Mawthorne
Arthur J. MéeBrine
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BY Sidney Smith