Shares Move Up On Wide Front In Quiet Market
New York June 11 The market opened with shares rising across a broad front but gains were pared as dealers hesitated. Rail stocks rose on a freight rate plan while industrials fell back. United States Steel rebounded slightly. The net action showed cautious public participation despite a late rally and a notable loan reduction by brokers.
MENTIONED IN THIS ARTICLE
New York
United States Steel
American Can
Radio
General Electric
General Motors
Consolidated Gas
Atchison
Union Pacific
Southern Pacific
Rock Island
Baltimore and Ohio
Pennsylvania
New York Central
Chesapeake and Ohio
Missouri Pacific
New Haven
Southern Railway
Interstate Commerce Commission
Gray
Bonds Decline as Nervous Selling Hits German Issues
Nervous selling driven by weak sentiment sent German government, municipal and industrial bonds to new 1931 lows. Rail shares gained on improving demand and US government issues rose modestly with utilities near postwar highs, while targets like St. Paul 5s and Chicago Great Western 4s showed notable moves.
MENTIONED IN THIS ARTICLE
New York
United States
St. Paul
Chicago Great Western
Chicago
Northwestern
Erie
Mullens Grocery Co and Pentehenel Trust Share Cities Service
The Mullens Grocery Co and Pentehenel Trust shares closed in trading on June 11 at the market with a 12 percent result. Indian Territory markets reflected the activity until closing.
MENTIONED IN THIS ARTICLE
Mullens Grocery Co
Pentehenel Trust
Yammes
Indian Territory
Government Bonds Prices From New York
United States government bonds quoted with Liberty 3s at 102.18, First 4s at 103.12, Fourth 4s at 104.30, Treasury 44s at 109.13, Treasury 2s at 103.8. Market notes indicate standard Treasury debt listings for June 11.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Firat
Treasury
Treasury Receipts and Expenditures for June 9
Washington report shows June 9 receipts at 5.867 million dollars with 2.444 million in expenditures and a balance of 53.784 million. Custom receipts for the month ending June 9 total 8.698 million.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Foreign exchange rates and currency demands listed
New York lists international exchange rates for Great Britain and France with cash and cable quotes. It also shows demand percentages or rates for Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Yugoslavia Austria Romania Argentina Brazil Japan China and Mexico City, including gold peso valuations for Montreal and Tokyo figures.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Rumania
Argentine
Brazil
Tokyo
Shanghai
Montreal
Mexico City
Money market rates steady for call loans and paper
New York June 11 report shows call money at 1 percent all day. Time loans steady at 60 days 1 1/2 percent, 3-4 months 1 1/2 percent, 5-6 months 1 1/4 percent. Prime commercial paper at 2 1/2 percent. Bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Market Report Shows Flat Trading and Sparse Sales
New York June 11 report notes a quiet day with no confirmed sales and futures inactivity. Prices moved in a narrow 1 point range as about 8,050 tons were traded, with many exchanges from July onward and July to May futures closing at 1.21 to 1.50.
MENTIONED IN THIS ARTICLE
New York
Rawengar
Butter prices steady in slow Chicago trade
Chicago June 11 butter prices were unchanged as buyers moved slowly. Fresh 93 score 22 with 22%4, 92 score 2114, 91 score 20% and others noted with varying scores. central carrots listed with 90 score 21% and $9 score 20% amid muted activity.
MENTIONED IN THIS ARTICLE
Chicago
Pittsburgh Produce Market Report
Produce demand slow with no apples on market. Cabbage steady to higher with Mississippi crates 2.25 to 2.50 and New Jersey crates 1.00. onions steady with Texas crates 1.00 to 1.25 and sacks 1.00 to 1.50. potatoes stronger with Alabama sacks 1.85 and Cobblers in Carolina barrels 2.50 to 3.00. butter eggs cheese and poultry mostly steady with various price marks for nearby and receipts.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S
Mississippi
Tennessee
New Jersey
Texas
Alabama
Bliss
North
South Carolina
Hennery
Cotton goods market steady with mixed demand in New York
In New York on June 11 the gray goods division saw quiet but steadier activity. Buyers reported miscellaneous purchases of small lots of finished goods and steady demand for acetate rayon yarns. Silk ruled remained quiet though some dealers noted a firmer tone and wool goods sales for fall held at moderate volume.
MENTIONED IN THIS ARTICLE
New York
Gray Goods
Toledo grain prices steady on oats and seeds
Cash grain on track with a nominal 2844 rate points. Oats No 2 white 28 29 cents, No 3 white 27 28. Seeds in warehouse unchanged.
MENTIONED IN THIS ARTICLE
Toledo
Baltimore Livestock Prices Roundup June 11
Cattle receipts total 50 head with steers selling from 5.25 to 8.00 for various grades. Bulls range 3.00 to 5.50. Cows and heifers show mixed values with fresh cows and springers at 30.00 to 60.00. Sheep and lambs total 600 head with spring lambs at 9.00 to 9.35 and sheep 1.00 to 3.00. Hogs receipts 1,000 with lights at 7.20.
MENTIONED IN THIS ARTICLE
Baltimore
New York Exchange Quotations Listed for Bluefield
Quotations from the New York Stock Exchange and trading floor leaders are listed with Bluefield West Virginia as a point of reference. James He. Mann serves as manager, while Jack R. Younger is noted as assistant manager for the Chicago Board of Trade and New York Cotton Exchange activities.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
Chicago Board of Trade
Isaac T. Mann
James Ellwood Jones
L. Alexander
Arthur J. MacBride
R. L. Wallace
H. R. Hawthorne
Market Notation of Livestock Prices and Receipts
The list shows heavies priced 6.25 to 7.00, mediums 1.50 to 7.75, roughs 4.25 to 5.50, night pigs 7.00 to 7.25, pigs 7.20 to 7.45, ae receipts 100, calves 4.00. These figures indicate a snapshot of cattle market quotes and related receipts.
New York Poultry Prices Reported Unchanged
New York market news notes unsettled conditions with mixed color poultry and standard packs. Dressed poultry remains steady, live prices stable, and roosters priced at 13 to 14 by express. freight prices not quoted.
MENTIONED IN THIS ARTICLE
New York
Egee
Express
Curb Market Firm as turnover rises in New York
New York curb market closes firm after moderate selling pressure with 310000 shares traded. Vacuum leads gains with a 1 point rise to 39 1 4 while United Gas Corporation tops utilities with a 1 point gain to 71 2. Other notable moves include Gulf Cities Service and Specialty issues showing increases, alongside several newer issues closing 1 to 2 higher.
MENTIONED IN THIS ARTICLE
New York
Alls
Gulf
Standard of
Indiana
Tive
United Gas Corporation
Harris New
Dresser Manufacturing A
Glen Alden Coal
Great Atlantic and Pacific
Roan Antelope
Technicolor
Celanese
New
Sudden Grain Rally Falters on Thin Buying
Chicago grain prices reversed after a late rally as buying on the bulge proved thinner than expected. Rain relief in Canadian drought areas disappointed traders, with only two points receiving more than half an inch. Wheat closed unsettled, corn steady to lower, oats down, and provisions rose.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Livestock Prices Mixed As Hogs Cattle And Sheep Move
Chicago reports 19 000 hogs with gains 15 to 25 cents over Wednesday. 6 . cattle and calves active with strong bids across killing classes. lambs and sheep stronger in parts, Idaho lambs at 9 50 top, ewes mostly steady. reads like a livestock market summary from June 11.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Idaho
GM Dealers Sell 122717 Cars in May US Market
May car deliveries by General Motors dealers across the United States totaled 122,717, down from 136,633 in April and 131,817 a year earlier. General Foods opens Windsor Ont plant to meet Dominion flour needs. Tobacco Products stock adjustments proposed. Federal Reserve Bank of New York reports week ended June 10 gold imports of 4.064 million with 2.489 million fall in foreign earmarks. no exports.
MENTIONED IN THIS ARTICLE
Adams Express
American Car and Foundry
American International
American Steel Foundry
American Sugar Refining
lRmour A C.na
Armour
Associated Drygooda
Atchison, T
Canada
Chesapeake Corporation
Chesapeake and Ohio
Chicago
Great Western
Mil
St. P. and Pacific
R. I
Pacific
Chrysler
Coca-Cola
Colorado
Commonwealth
Voamens
Continental Baking
Continental Can
Continental Insurance
Continental Motors
Curtiss-Wright
Curtiss-Wright A
Davison Chemical
Delaware and Hudson
Drug Incorporated
du Pont
O-En
Eastman Kodak
Erie
Federal Water Service
Foster Wheeler
General Electric
General Foods
General Motors
Grigsby Grunow
Goodyear Tire
Hayes Body
Hershey
Houdaille Hershey
Baten Oienn Cemanannesntiasnentl Oe
Hudson Motors
Hupp Motors
Illinois Central
Bush, Mdh
International Shoe
International Nickel
Comainsenr
Johns Manville
New York
Ealea
United States
Federal Reserve Bank of New York
May Building Permits Fall After Seasonal Decline
Building-permit values in 215 cities fell in May from April, a first drop since January, with 120 cities showing only a seven rise in 91 years from 1911. May total reached 123,508,575 dollars versus 152,029,000 in April and 174,197,501 in May of the prior year.
MENTIONED IN THIS ARTICLE
Associated Press
Bradstreet
Rochester Doctor Starr Judd Named AMA President
Dr. Octor E. Starr Judd of Rochester Minnesota is pictured after being elected president of the American Medical Association at the 82nd annual convention in Philadelphia. Tobacco manufacturers have withdrawn a 10 percent bonus on 50 pack cigarette tins, a deal in place over a year and a half that kept 50 pack prices lower than 20 pack prices.
MENTIONED IN THIS ARTICLE
Bradstreet
Octor RE. Starr Judd
Rochester
Minn
Famote Mayo Clinic
American Medical Association
Philadelphia
Burning Mirror Placed in Stockholm Gallery
In the Stockholm artillery museum an ancient large mirror once used to defend against hostile ships was positioned to reflect sunlight and ignite approaching vessels. Two Swedish scientists built a powerful melting furnace using an elliptical mirror and an electric arc light, melting metal at about 2100 degrees during a demonstration for the Society of Physical Research.
MENTIONED IN THIS ARTICLE
Stockholm
Artillery Museum
Anseum
Sweden
China
Mongolia
Society of Physical Research
Convict Builds Own Picture Apparatus in San Rafael
Edward Carlton, a San Quentin prisoner and prison photographer, assembled a talking picture device from scavenged parts to create a sound producing apparatus. He had never seen or heard the latest motion picture screens.
MENTIONED IN THIS ARTICLE
San Rafael
Cal
San Quentin Penitentiary
Edward Carlton
International Telegraph declares regular quarterly dividend
The International Telegraph and Telephone Company directors announced a regular quarterly dividend of 50 cents per share. It is payable July 15 to stockholders of record June 19.
MENTIONED IN THIS ARTICLE
New York
International Telephone and Telegraph Company
Authorities Lift Richfield Records in Prosecution Bid
Los Angeles authorities sift Richfield Oil Company records to pursue charges against former officers amid a $54 million deficit case. The looming California statute of limitations could bar stock juggling charges by June 16, as investigators doubt enough data exists to act. A 1928 Sacramento permit paved way for 100,000 Richfield shares.
MENTIONED IN THIS ARTICLE
Los Angeles
Richfield Oil Company of
California
Robert P. Stewart
Bonner Richardson
Rk, Ke, Haight
Royal Automobile Club Demonstrates Silence Meeting
In Milan a busy street intersection hosted a Royal Automobile Club event titled a meeting of silence and discipline. Members competed for traffic prizes by driving under judge scrutiny with penalties for noise and rule violations.
MENTIONED IN THIS ARTICLE
Milan
Royal Automobile Club
Future May Bring Disease Immunity in Humans
Washington reports that the public health service expects mankind to gain immunity to many fatal diseases in the future. Some racial groups already show partial immunity to measles mumps and chicken pox after initial exposure, while immunity can also form through vaccines and antitoxins.
MENTIONED IN THIS ARTICLE
Washington
Public Health Service
Stable owner seeks missing horse worth a million dollars
Los Angeles report says trainer Pop Du Brock lost his prized horse A Million Dollars after renting it to a man who disappeared with the horse. Police are pursuing the rider who vanished with the animal.
MENTIONED IN THIS ARTICLE
Los Angeles
Pop’ du Brock
Pop
Also Mentioned on This Page
Bluefield Daily Telegraph
Bluefield
W. Va
R.R
Wwene
Standard Statistics Co
C. B
Hancock Investments
West Virginia
First National Bank
Toledo Grain
Baltimore Livestock
The
Bluefield, W
N. Y. Stock Exchange
Bluefield, W. VA
New York Stock Exchange
New York Curb Exchange
Richmond Stock Exchange
James HE. Mann
Jack R. Younger
Kansas City
Kennecott
Krueger and Toll
Kroger Grocery
Lambert Co
Caucceeesceeenaccs
Lehn and Fink
Liggett and Myers B
Ween
Lake’s Inc
Lorillard Tobacco
Louisville
Nas
Ludlum Steel
McKeesport Tin Wa Ae
McKesson Amd Robibna
Mathieson
Mexican Seaboard
Midcontinental Petroleum
Missouri
Kansas
Montgomery Ward Wenn
Nash Motors
National Biscuit
National Cash Register
National Distillers Ween Nee
National Power and Light
Nevada
Anesressuanweanes
Norfolk and Western
North American Aviation
North American Company
Oas Elevator
Wawnne
Pacific Gas and Electric
Pacific Lighting
Packard Motors
Paramount Publix
Pathe Exchange
Bia
Penick and Ford
Penny, J. C
Neuwendpoanane
Penn Dixie Cement
Public Service N. J
Radio Corpn. Wae
Radio Keith Orpheum
Wee Reese
ROO Meters
Ccwcemasweteussssen
Ooo
Republic Steel
Reynolds Metala
Reynolds Tob
Royal Dutch
St. Joseph
St. Louis
San Fran
Seaboard Air Line
Adm
Sears Roebuck Eee
Shattuck Seenewer
Shell Union Oil
Sinclair Oil
Southern Calif. Edison
Standard Oil N. J
Standard Oil N Y
Stewart Wermer
Stone and Webster
Studebaker
Timken Roller Bearing
Transamerica Corp
Apni
Underwood Elliott
Union Carbide
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RIS
Ward Baking
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Uncle Bim
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Youner
Winnerif
BY Sidney Smith
Australia
Mary Gold
Chicago Grain
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Wall Street Briefs
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Ont
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Austins
Eglehart
Tobacco Products Corporation
George A. Sloan
Cotton Textile Institute
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Richfield Records
Pocahontas Fuel Company Incorporate
ONE Broadway
Monte York
Pocahontas
Pat
Tidewater
Great Lakes
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Newport News
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Maine
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Ohio
Boston, Mass
Portland, Maine
Tare, Va
Cincinnati, Ohio
Chicago, Nl
Etroit
Moxey, Savon &C.,, Ltd
Lime Street Square
London
England
TION
Rotterdam
Prederick Gundersen
Bergen
BE. Pinto Basto & Co., Ltd
Lisbon
Roragra Fe
Auto Cor & Clerics
Lomellint
Genoa
Ital Lildin
Drottninggatan
Artionolaget
Berggrun
Gotherburg
Nitas
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