Industrials And Utilities Show Mixed Market Trading
New York June 12 railroad securities led activity with morning gains then slight advancement to finish up 1 to 9 points. Industrial and utility shares were largely inactive with irregular gains while bonds and copper data influenced sentiment. Major movers included Atchison New York Central International Telephone and United States Steel with varied results as the market remained dull and turnover hovered around 1.6 million shares.
MENTIONED IN THIS ARTICLE
New York
Germany
Atchison and
New York Central
Pete Marquette
Nickel Plate
Union Pacific
Central of New Jersey
International Telephone
United States Steel
Westinghouse
General Motors
Union Carbide
Bethlehem
American Can
Loew’e
Paramount
General Electric
Allied Chemical
American
Montreal
Bond Market Rises Amid Irregular Changes In New York
New York June 12 bonds closed generally higher after irregular changes. Industrial railroad and public utility loans led gains in representative averages, signaling breadth in the upward move among corporate obligations. Sharp losses hit German, Argentine, and Chilean issues, with late trends among lower grade bonds turning upward overall.
MENTIONED IN THIS ARTICLE
New York
Foreign exchanges ease as Great Britain dollar demand shown
In New York on June 12 the foreign exchange market moved easily with Great Britain showing strong dollar demand at 4.865/32 on cables 4.869/32 and 60 day bills 4.841/16. France held at 3917/16 with similar patterns noted in other currencies.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Hancock Investments Bid at Mullens Grocery Co Market Close
Bluefield West Virginia based Hancock Investments in First National Bank Building posted an asked bid of 70.00 for Fundamental Trust Shares tied to Indian Territory. The market closed on June 12 with a 10 percent decrease.
Cables and Demands Across Nations Listed
A list of percentage demands and cable figures shows Italy at 5.23 percent with cables 6.239/16. Belgium 13.92 Germany 23.70 Holland 40.24 Norway and Sweden 26.77 Denmark 26.7544 Switzerland 19.42 Spain 10.07 Portugal 4.44 Greece 1.291 Poland 11.22 Czechoslovakia 2.96 Yugoslavia 1.76 Austria 14.96 Romania 0.59 Argentina 20.50 Brazil 7.80 Tokyo 49.35 Shanghai 28.62 Montreal 99.43 Mexico City gold peso 49.25.
MENTIONED IN THIS ARTICLE
Cables
Italy
Belgium
Brazil
Tokyo
Shanghai
Montreal
Mexico City
Closinw
Adams Express
Rumely
Johns-Manville
Alleghany Corpu
Kansas City
Kroger Grace
Ween
American Car and Fay
Lambert Co
Liggett and Myers
American Internat
American Loco
Loew's, Inc
American Rolling Mills
Lorillard Ted
Nsance
American Smelting
Lou, Gag and
Elec
Erican Steel Fdy
McKeesport Tin Eee Eewannes
McKesson and Robbins
Mack Tyru
Mathieson
Ay Armour Wane Ae
Missouri
Missouri Kans
Tex
Armour Ber
Montgomery Ward
F. Byrd
Nash Motors
Atchison, T
Tlantic Coast Line
Nat
Cash Register
Auburn Auto
Aviation Corpn
Nat. Pow
Light
Baldwin Loco
Nevada Coss
Cunc
Balto
Ohio
N. Y. Central
Csdeccoas Quvnansae
Barnsdall A
Norfolk and Western
Bendix Aviation One Lq
North Amer, Aviation Eee
Best and Co. Eae Nen
North American Co
Bethlehem Steel
Ee Enee
Otla Elev
Ewee
Borden and Co
Pac, Gas and Elec
Brooklyn-Union Gas
Briggs Mfg
Packard Motors
Pac. Lighting
Cccssss Newsentiece
Byers Pipe
Cscsess
Paramount Publix
Calif
Cccsss
Penick
Ford
Penny, J. CO
Canadian Pacific
Pennsylvania
Cerro de Pasco
Chesapeake Coron Ad
Prairie Pipe Line
Chesa
Ohio Eee
Proctor and Gambwo
Chicago Great Western Pref
Public Service N. J
Chicago Mil
St. P. and
Pac
Pullman
Chicago Northwestern
Foto OU
Chicago
R. I
Adio Corpn
Wwe
Chrysler Eun
Ccn
Coca-Cola
Conees
Keith Orpheum
Commonwealth and Southe
Remington Rand
Eee
OPEL
St. Joseph
St. Louis
Seaboard Air Line
Continental Insurance
Continental Motors
Sears Roebuck
Continental Oil
Sarcwee Ices Cactin Dollantind Indectbe Blig
Shell Union Oil
Crucible Steel
Curtis-Wright
Winnionseen
Curtiss-Wright “A
Sinclair Oil
Davison Chemical
Southern Calif, Edison
Delaware and Hudson
Drug. Inc
Southern Pacific
du Pont Ace
Southern Railway
Eastman Kodak
Sae Eee
Standard Oil N. J
Erieer
wreGere. Ci
Mi Wi
Aecommenenates
Federal Water Service
Stone and Webster
Foster Wheeler Ae
Studeb
Ween Ewwene
iPox Film
Comessanteesnenbapdilchieieets
Freeport
Texas
Wenn
Texas Gulf
General Amer
Timken
General Asphalt
Transamerica Corp
General Electric
Union Carbide
General Foods
Maeeene
Union Pacific
General Motors
United Aircraft
United Corpn
U. S
Ewe Ewes
Tiga Epigmainaentiven
Great Northern
U. S. Steel Ee
Grigsby Grunow
Mame
Utilities Power and Lt
Goodrich
Eesatencetchen
Vanadium Steel
Goodyear Tire
WORRO
Cecis Badiemeenbin
Hayes Body
Ccnenquianasuns
Ward Baking
Eee Aby
Hershey Choc
Warner Pictures — Ee
Houdaille Hershey
Weeennee
Warren Bros We
Houston Oil Eee
Maryland
Hudson Motors
Western Union Eem Enn
Hupp Motors
Westinghouse Airbrake Wmnaemeneiens
Illinois Central
Ween Ene
Westinghouse Elec
Willys-Overland
Woolworth Et
Harvester
Worthington Pump
International Shoe
Call money rates steady on day with varied loan terms
In New York on June 12 call money remained steady at 1.44 percent for all day loans while time loans held firm with 60 day terms at 1 1 percent, 3-4 months at 1 percent, and 5-6 months at 1.17 percent. Prime commercial paper traded at 2.42 percent and bankers acceptances were unchanged.
MENTIONED IN THIS ARTICLE
New York
Treasury Receipts and Expenditures Reported
Treasury receipts for June 10 totaled 8 775 063 65 with expenditures of 14 979 234 05 and a balance of 47 580 199 52. Customs receipts for the month close of business June 10 amounted to 9 169 641 62.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Dry Goods Market Update in New York Trade
In New York on June 12 cotton be exchanging was quiet in finished cloth while inquiries improved in wash fabrics. Price weakness held in finished and unfinished markets as production curtailment spreads through summer. Wool goods sell well with output kept steady or rising to September. raw silk firmer on cocoon shortages for summer reeling as birdlime prices ease.
MENTIONED IN THIS ARTICLE
New York
Sugar market steady with limited operator purchases
New York reports raw sugar unchanged and futures steady. Approximate sales reach 36,050 tons, including 20,100 tons via exchanges. Futures quotes closed July 1.21, September 1.29, December 1.37, January 1.88, March 1.45, May 1.51 with refined grade unchanged at 4.45 and light withdrawals on old contracts.
MENTIONED IN THIS ARTICLE
New York
Butter Prices and Trade Mood in Chicago markets
Butter prices held steady in Chicago on June 12 despite nervous, unsettled trade. Sellers were active while buyers remained cautious. Fresh 93 score 22 22 percent, 92 score 211g, 91 score 20 percent, 90 score 20 percent, with 88 score 1944 noted. Centralized carrots cited with 90 score 21 percent, 89 score 20 percent, and 88 score 1944 in the same market snapshot.
MENTIONED IN THIS ARTICLE
Chicago
Regeivere
Cincinnati Produce Market Update
Cincinnati Ohio listing shows egg prices with small numbers and ungraded eggs at about 15 percent nearby. The fragment mentions Pune and a time placeholder but lacks clear date or full context for pricing details.
MENTIONED IN THIS ARTICLE
Cincinnati
Ohio
Pune
Market Report: Pittsburgh Produce Prices June Listings
Pittsburgh produce prices for cabbage onions potatoes butter eggs cheese and poultry from U S and Pa depts of agriculture. Cabbage from Ohio Marietta district Tennessee New Jersey. onions Texas yellows whites. potatoes Louisiana Alabama Carolina Maine. butter prices per score. eggs current receipts firsts and extras. cheese unchanged. poultry prices by kind and weight.
MENTIONED IN THIS ARTICLE
Pittsburgh
U.S
Ohio
Marietta
Mississippi
Tennessee
New Jersey
Texas
Louisiana
Bliss
Alabama
North
South Carolina
Maine
Green Mountain
Wheat climbs as spring crop fears renew market anxiety
Chicago June 12 Wheat rose as several days of declines ended and traders re priced futures on renewed worry over spring wheat prospects. The advance came amid cautious trading and broader grain market firmness.
MENTIONED IN THIS ARTICLE
Chicago
New York Stock Exchange Quotations
N Y Stock Exchange quotations feature Jack R Younger as assistant manager and provide market pricing details for trading sessions.
MENTIONED IN THIS ARTICLE
N. Y. Stock Exchange
Jack R. Younger
Winter Wheat Damage and Grain Prices Rise Margins
In Canada a bullish factor amid a Chicago expert noting winter wheat from the central southwest eastward including the Ohio valley damaged by excessive moisture. Reports from multiple winter wheat areas show unusual infestations of cutworms armyworms and insecta. Wheat closed unsettled with fractional gains while corn rose about 4 percent and oats gained around 4 percent. provisions varied from a 2 cent decline to a 5 cent rise.
MENTIONED IN THIS ARTICLE
Canada
Chicago
Ohio Valley
Seeds and grains unchanged in Toledo market
Grain and seed prices in Toledo Ohio on June 12 remained steady. Market observers note no significant shifts in supply or demand for seeds and grains across principal local commodities.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
New York Poultry Prices Steady in Dressed Trade
New York reports poultry dressed steady and unchanged while live poultry remains weak by freight and express at 18 to 21 cents. Eggs quoted at 29 061 cents per dozen, with mixed colors and other grades stable.
MENTIONED IN THIS ARTICLE
New York
Chicago Livestock Hogs Ranges Rise At Market Report
Chicago hog prices rise with 15 000 head sold including 5 000 direct. Best 270 lbs and under up 25 to 35 cents, heavier weights and packing sows up 10 to 25 cents. Bulk 160-260 lbs 7.00 to 7.10, top 7.15. 270-350 lbs 6.25 to 6.85. pigs 6.50 to 6.85. packing sows 5.25 to 6.00. Light to good choice 140-189 lbs.
MENTIONED IN THIS ARTICLE
Chicago
U. S. Dept
Livestock Price Ranges and Cattle Market Report
Market notes show price ranges for weights and grades of pigs cattle and veal. Slaughter cattle and vealers listed with weight bands and price ranges from 6.00s to 9.00s, noting steady to uneven gains and early clearance of classes. Bulls yearlings and cutter stock also included with varied quotes.
Livestock Market Inches By Cattle and Sheep Prices
Prices for vealers milk fed and medium young cattle range around 3.50 to 6.50 with varied grades. Sheep activity shows general steadiness at 8,000 head with native lambs brings 8.25 to 9.59, yearlings and ewes noted with wide weight-based spreads and cull lots at low values.
MENTIONED IN THIS ARTICLE
Tomas
Baltimore Livestock Prices and Receipts Report
Baltimore June 12 cattle receipts 75 with steers good to choice 7.25 8.00, cows 4.50 5.25, heifers 6.00 6.50, fresh cane and springers 30.00 60.00. sheep and lambs receipts 1,900 with lambs up to 8.49 9.25 and sheep 1.00 3.00. hogs receipts 1,590 with heavies 6.25 7.30 and mediums 7.50 7.75. calves 4.00. All figures denote prices per unit and vary by grade.
MENTIONED IN THIS ARTICLE
Baltimore
Pittsburgh Livestock Market Prices Report
June 12 Pittsburgh livestock report from U S Department of Agriculture lists cattle hogs sheep and calves with price ranges by weight and grade. Reads hogs 75 to 160 pounds price ranges and cattle cows bulls vealers lambs with varying weights and conditions.
Curb Market Quiet With Narrow Stock Swings
New York Curb trading was extremely quiet with the smallest volume of the week. Pittsburgh and Lake Erie rose while utilities like Commonwealth Edison and Cleveland Electric showed small gains amid late recoveries. Oil issues stayed quiet and firm with Gulf recovering most of a 3-8 point drop. total transfers reached 260000 shares.
MENTIONED IN THIS ARTICLE
New York
Pittsburgh
Lake Erie
United Gas
Commonwealth Edison
Cleveland Electric
Associated Gas
Vacuum
Cities Service
Imperial
Gulf
Insull Utilities Investment
Mayflower
Trust and Holding Company
Wall Street Briefs: Dividend Stock Change and Brokerage Firm
Stockholders of Consolidated Mining and Smelting of Canada approve a stock dividend with directors to act on the payment June 13. Auchincloss Parker and Redpath form a Washington investment brokerage with offices at 719 Fifteenth Street and memberships on major exchanges. Dow Jones dispatch notes Chicago Great Western directors review earnings reports for Q1 and early Q2 as meeting adjourns.
MENTIONED IN THIS ARTICLE
New York
Consolidated Mining and Smelting Company of Canada
Auchincloss, Parker and Redpath
Fifteenth Street
Washington, D. C
New York Stock Exchange
Washington Stock Exchange
New York Curb Exchange
Hugh PD
Auchincloss
Cauncey D. Parker Jr
Albert C. Redpath
Richard P. Dunn
Harold C. Patterson
Dow, Jones and Company
Chicago
Chicago Great Western Railroad
Company Plans Dividend Declarations For Preferred Stock
On June 15 the firm is likely to declare another dividend of 50 cents a share on its 4 percent preferred stock. A 50 cent preferred dividend was paid April 20 following a $1 payment on January 7.
Trade Trends And Industrial Outlook May Report
Building activity in May shows a slight lead for public works and utilities over nonresidential across 37 states east of the Rockies, totaling 108.95 million against 108.23 million for nonresidential. The nationwide May total across all classes reached 306.08 million, down from 457.42 million a year earlier. Coal demand remained weak with retailers stocking only for current needs. Heavy construction plans for the week fell to 27.01 million, the smallest for the year. Insolvencies rose with 474 defaults in six days, the lowest weekly total since October. Steel mills reported midrange operating rates, with Shenango Valley around 65 percent and several firms near 60 percent. Dow Jones notes slight upticks in employment at Westinghouse Electric.
MENTIONED IN THIS ARTICLE
Associated Press
Public Works and
Utrlines
United States
R. G. Dun and Company
Steel—Fairy
Shenango Valley
Dow, Jones and Company
Carnegie Steel Company
Sharon Steel Hoop
American Steel and Wire Company
Farrell and Mercer Works
American Sheet and Tin Plate Company
Westinghouse Electric and Manufacturing Company
U S Leads Global Commercial Aeronautics Says Young
Clarence M. Young assistant secretary of commerce states in his annual report to the president that the United States possesses a transport passenger and mail system superior to the rest of the world combined. He notes the domestic system as the benchmark for aviation progress.
MENTIONED IN THIS ARTICLE
Washington
United States
Clarence M. Young
Young
Production in Many Lines Continues Large
New York June 12. Dun's to morrow notes continued unsettlement to some commodity prices and restrained business in parts of trade. Yet production in many lines remains large with output still high. Stores in some sections exceed last year’s June totals in volume, led by wear ing apparel, home furnishings and electrical appliances. Stock turnover is higher in some areas than a year ago. Weekly bank clearings total 7 902 333 000, down 22.3 percent from a year ago, and outside New York the decline is 22.1 percent.
MENTIONED IN THIS ARTICLE
New York
Dun's
Denial of Archduke Otto Engagement Report
Baron Gudenta, marshal of Archduke Otto's court, denies any engagement to Princess Maria of Italy. He states there is not a word of truth and that the archduke is not considering marriage now. Former Empress Zita visited Italy to see her mother and paid homage to the pope.
MENTIONED IN THIS ARTICLE
Brunsele
Belgium
Archduke Otto
Hungary
Maria
Victor
Italy
Baron Gudenta
Zita
Lanark to Clifftop Bus Line Authorized
Charleston W Va June 12. The Beckley Lanark bus line extension to Clifftop was approved by the state road commission. An application to operate Beckley Clifftop was denied. The Beckley Thurmond line tied to Ben Dorsey lease was canceled after noting prior losses.
MENTIONED IN THIS ARTICLE
Charleston
W. Va
Lanark
Clifftop
Beckley-Lanark
Stanford Transit Company
State Road Commission
I. C. Alders
A. C. Sutphin
G. C. Hedrick
Beckley-Clifftop
Ben Dorsey
Blue and Gray Transit Company
Beckley and
Thurmond
Sanders
Beckley-Thurmond
Ftew
Road Commission Cancels Bus Permit
Charleston West Virginia June 12 The state road commission supervisor F O Sanders ordered cancellation of the Pennsylvania Transit company certificate of convenience for a bus line from East Steubenville to the Pennsylvania line. The commission also approved transfer of a certificate for a Charleston Logan motor freight line from J E Reed to Aracama Taxi company.
MENTIONED IN THIS ARTICLE
Charleston
W. Va
F. O. Sanders
State Road Commission
Pennsylvania Transit Company
Ohio State Line
East Steubenville
Follanshee
Pennsylvania State Line
J. E. Reed
Aracama Taxi Company
Logan
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Onsee
Colind BR
High
Low
Liberty
Cincinnati Produce
Chicago Grain
Clubfield, W. VA
Richmond Stock Exchange
James EB. Mann
New York Cotton Exchange
Chicago Board of Trade
Toledo Grain
NEW York Poultry
Chicago Livestock
Tilda
BY Sidney Smith
Ane
Baltimore Livestock
Pittsburgh Livestock
Ewes
Wall Street Briefs
Thia
Road Commission
Isaac T. Mann
James Ellwood Jones
O L. Alexander
Arthur J. MaccBride
N. L. Wallace
H. R. Hawthorne
Pocahontas Fuel Company
ONE Broadway
Pocahontas Cos Welds
Tidewater
Great Lakes
Atlantic Coast
Lambert’s Point
Sewall's Point
Norfolk
Newport News
Onic
Pocanos
New Bedford
Mass
Salem
Mystic Wharf
Boston
Portland
Sandusky
Portland, Maineee
Bluefield
Cincinnati, Ohio
Chicago, Aletroit, Mich
Moxey, Savon & Co., Ltd
Lime Street Square
London
D. C
England
Coal Trading Association
Rotterdam
Holland
Frederick Gundersen
AS. Berney
Norway
Pinto Basto & Co., Ltd
Lalbon, Vortugal
Henr Cor & Clerics
Lomeliin
Genoa
Arthur Felldin
Drottninggatan
Stockholm
Sweden
Artisuolacket Bergbrun
Gotherburg