Mock Market Stagnation Follows Merger Buzz And Stocks Drift
New York June 11 The stock market opened in a stagnant phase akin to 1926 and 1928 patterns as trading barely topped 2 million shares. Bear pressure trimmed many issues while utilities rallied on a breakup in a major stock and merger chatter kept food and steel stocks in motion. Several names hit new highs, others dipped. overall market tone was cautious with mixed advances and losses.
MENTIONED IN THIS ARTICLE
New York
Shorts
Utilities
Associated Press
Burroughs
Warren Brothers
Allied Chemical
Auburn Auto
Commonwealth Power
Natonal Biscuit
American Water Works
Federal Light and Traction
North Amercan
Pleischmann
Independent
New York Stocks Mixed As Major Issues See Moves
A broad session shows mixed performance across blue chips and several industrials. Stocks including Inter Nickel Inter Tel Johns Manville Kennecott and Packard move within narrow ranges while smaller names and utilities show scattered gains and declines.
MENTIONED IN THIS ARTICLE
Inter Nickel Inter Tel & Te Johns Manville Kennecott
Rogere G. Myere
L&a&nrr
Mont Ward
Nat Cash
New Amer North Pac
Supply Owens Bot
Packard Mot Pan Pac B
Jacky Penn RR
Coves Phil Petro
Pritte Coal
Postum Cereal Pub Serv Co
NJ Pure O18
Shell Union Simme Petro Sin Cons
Skelly OF
Jon Pac
Heathern Ray
Cal
Texas Corp
Texas Pulpher Trane
Trion Pac
Indus Alcohol 1 Steel
Vonedham Warner Brow
Maryland
Weatinghie Air
Weatingshie Elec Woolworth
Wright Air Youngs
Sh & Th
Bonds Market Averages Slide Amid Rangebound Trading
Better demand for railroad issues drives healthier bond activity in New York trading. Convertibles hold near steady as unsettled stocks weigh. most active rails push higher while oil and utility bonds stay firm. Industrials and government issues show limited movement in thin, cautious dealings.
MENTIONED IN THIS ARTICLE
New York
American Telephone
United States
Foreign exchange rates across world markets
New York reports irregular foreign exchange quotations in cents for June 11. Demand figures span France 390 percent and Italy 522 percent with cables 2.90 and 5.23 respectively, plus a wide range of country and city rates including Belgium 13.88 and Argentina 41.98.
MENTIONED IN THIS ARTICLE
New York
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czechoslovakia
Jugvslavia
Austria
Rumania
Argentine
Brazil
Tokyo
Shanghai
Montreal
Government Bonds Market Update New York June 11
United States government bonds quoted with Liberty Sige at 96.3. First 44s at 98 17. Fourth 48 at 98.22. Treasury 48s listed at 106.16 and 103.16.
MENTIONED IN THIS ARTICLE
New York
United States Government
Liberty Sige
Treasury
Call Money Rates Firmer Across Markets
New York June 11 call money firmer at eight percent all day. Time loans firmer with 30 days at 8 percent, 60 days at 8 percent, and 4 to 6 months at 8 percent. Prime commercial paper remains at 6 percent and bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Toledo Grain Market Report
Toledo Ohio June 11 Wheat No 2 red 1.21 to 1.22 Corn No 3 yellow 96 to 97 Other prices unchanged.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Poultry Prices and Freight Rates Reported
New York market notes show varied poultry pricing and freight terms. Dressed fowls listed at irregular rates, live broilers and freights detailed with express options and percentages. brown hens near the front tier, Pacific coast white lines noted with premium levels and figures such as 40 40 percent and 18 38s.
MENTIONED IN THIS ARTICLE
New York
Express
Express Keys
Hennery Brown
Pacific Coast
Butter Market Report Highlights Freshness Scores
Butter prices and quality scores from Chicago and Bluefield markets are listed. Readouts include Steady Fresh with scores from 93 down to 87, around 30 to 42 percent, Centralized at 90 and 88 with mid 40s percentages, and Bluefield showing a $0 price with 45 and 44 percent readings.
MENTIONED IN THIS ARTICLE
Chicago
Flour Prices Reported in New York Market
In New York on June 11 flour prices are noted with a brief market update showing a slight shift in rates amid ongoing trading activity. The report highlights wholesale movement but provides no detailed figures.
Sugar Prices Edge Down As June Shipments Move
New York sugar markets held steady with small declines after early losses. About 40,000 bags of Cuban raw sugar sold to an outport refiner at 1S.47% and 42,000 bags to a local refiner at 3.46 for June shipment. Futures weakened, closing 1 to 2 points lower with July 1.59 and May 1.92.
MENTIONED IN THIS ARTICLE
New York
Produce demand slows cabbage and onions across states
U S Department of Agriculture reports slower demand for cabbage with 30 cars and 66 crates, onions at 14 cars in Texas and other states showing varied stock. Potatoes steady with Michigan No 1 at 2.00 and Maine Green Mountains at 2.25, new stock and barrel/ No 1 cobblers in Virginia and Ohio ranges noted.
MENTIONED IN THIS ARTICLE
Pittsburch
U. S. Dept. Agriculture
Tennessee
Ohio
Texas
Michigan
Maine
Virginias
Dry Goods Market Report From New York
Cotton goods markets were unchanged and quiet colored goods in moderate demand fine goods quiet and unchanged burlaps quiet and unchanged spot raw silk prices were freer but the market was quiet.
MENTIONED IN THIS ARTICLE
New York
Jane 11
Unclear livestock price list fragment
Fragmentary market notes show prices for wethers and ewes with weights and unit prices, followed by cull and other livestock figures. The text mixes weights like 1200 and 220 Ibs with inconsistent punctuation, indicating an OCR garble from a livestock market page.
Baltimore Livestock Market Prices June 11
Baltimore figures show cattle receipts of about 100 with steers nine to fourteen dollars per hundredweight, cows up to ten fifty for top grades, sheep and lambs around twelve to sixteen dollars, hogs receipts twenty, light to heavy hogs selling from eleven fifty to twelve seventy five, calves trading around five to fifteen dollars. Prices list by grade and class, reflecting a bustling midweek market in Baltimore.
Market Report Shows Active Beef Demand and Record Prices
Receipts total about 4,000 cattle and calves with slaughter steers and yearlings selling at high seasonal levels. Steers 1,300 to 1,500 pounds bring 14.00 to 15.40, 1,100 to 1,300 pounds 14.00 to 15.40, 950 to 1,100 pounds 14.00 to 15.40, common and medium 11.25 to 14.25 per hundredweight. Hogs and sows bid 9.10 to 9.90 for mid range, with feed prices and packing figures noted.
Coal Company Stock Listings From A Fragmented Ledger
Readable entries show multiple company names with partial values and prices. Listed items include American Coal Co Ark Natural Gas Cities Service Co Community Loan Co Guyan Lumber Co and others with figures such as 150.00 100.40 310.90 93.90, indicating a miscellaneous stock ledger fragment.
MENTIONED IN THIS ARTICLE
A American Coal Co
Ark. Natural Gas
Trackwood Lamber Co
Bluefield Telephone Co
Cities
Ptd Community Loan Co
Guyan Lamber Co
Tabyeroe’ Con
Cra
Ria
Mead Coal Co
Veemier “Ned Aan
Porhian ‘Coal Go
Sterling Howe, Co
W. Va_ Armature Co
M. Ritter Liar, Co
Chicago Livestock Hogs Market Report June 11
Chicago livestock market shows hog receipts at 2000 with 1400 direct. Activity fair to steady with light and medium weight hogs off to 10 lower, heavy butchers up to 10 higher. Top price 11.20 per hundred weight for a load around 4330 pounds. shippers handled about 3000 pounds.
MENTIONED IN THIS ARTICLE
Chicago
U. S. Dept. Agriculture
Earl
Grain trading lifts as farmers seek relief in debenture clash
Chicago grain prices moved higher on June 11 as traders anticipated farm relief amid clashes over debentures. Wheat closed 1½ to 2 cents higher, corn ¾ to 3 cents up, oats advanced modestly, and provisions varied, with some declines.
MENTIONED IN THIS ARTICLE
Chicago
Pittsburgh Livestock Hogs Cattle Calves and Sheep Prices
Pittsburgh market report shows hogs receipts 600 with higher prices across heavies to pigs, cattle receipts 25 with varied classes and price ranges, calves 50 with strong demand and milk fed good to excellent values, and sheep 250 mostly steady with good to medium grades quoted. Includes detailed price ranges for each category and weight class.
MENTIONED IN THIS ARTICLE
Pittsburgh
S. Dept. Agriculture
Livestock Auction Prices Bid at Sales Stalls
The report lists bids for Helfers cattle and various beef categories by quality and weight, including good and choice, medium, and cutter classifications. Veal and milk fed stock show prices from 10.50 to 15.75, while stocker and feeder steers range 9.75 to 13.25 per cwt. Lambs and sheep prices appear with lambs at 16.00 to 16.50 and ewes 5.75 to 7.00, with feeder lambs noted at 12.50 to 13.50 per cwt.
Beaver Pond approves Whitethorn primary school contract
The Beaver Pond district board awarded the contract for the Whitethorn primary school unit to Lill Brothers and C. C. George. Work starts immediately on a two classroom first unit designed by Garry and Sheffey to blend with nearby homes. The eight room building is planned for eight grades, with September readiness and will relieve students from Fairview.
MENTIONED IN THIS ARTICLE
Board of Education of
Beaver Pond
Whitethorn
Edwin C. Wade
Lill Brothers
C. C. George
Garry and Sheffey
Board of Education
Fairview
Pennsylvania Adopts Forty MPH Highway Speed Limit
Pittsburgh reports the new state motor code sets highway speed limits to forty miles per hour. The travel section notes motorists should watch their speed as enforcement begins statewide.
MENTIONED IN THIS ARTICLE
Pittsburgh
Pennsylvania
Ing
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The
By Claude A. Jagger
Moses Hyman
First National Bank
Welch, W. VA
Ask American Finance md
Turkey Gap Coal
Vera Pocahontas Coal Welch Armature
Waccott Cor
Northfork Finance
Storing Hardware
Will Quy
U. S. Steel
Toledo Grain
Bluefield
Ion
West VA
Boots
BY Martin
Fioureney
Ewes
Baltimore Livestock
Baltimore
Helfere
Bulle
Chicago Livestock
Isaac T. Mann
James Ellwood Jones
le Alexander
Arthur J. MacBride
K. L. Wallace
H. R. Hawthorne
Pocahontas Fuel Company
ONE Broadway
Rosshostes Gat
Tidewater
Great Lakes
United
Staes
Geete Mees
Fortation
Co Auvantic Coast
Lambert's Point
Sewall's Point
Norfolk and
Newport News
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Mass
Salem, Mass
Mystic Wharf
Boston
Portland, Mat
Sandusky
Poston
New Bedford
Portland, Maine
Norfolk, Va
Bluefield, W Va
Cincinnati
Detroit, Mich
Moxey, Savyon & CO. Ltd
Lime Street Square
London
Eb.c
England
Qpromation
Rosterdam
Molend
Prederick Gundersen
Norw E. Pinto Basto & CO. Ltd
Lisbon
Portugsl
Eig Cook
Genoa
Arthur Peelldin
Hn Oo
Stockholm
Aktiebolagst Bergbrun
Gothenburg
Chicago Grain
Pittsburgh Livestock
Country
CANOE
Nature
Cities Service
Cities Service Company
Henry L. Doherty & Company
Wall Street
New York City
Cities Service Organization
General Statistics of Cities Service Co. and Subsidiaries
Tural Gas
America
Co. B. Hancock
W. Va
Ennual
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