Big gains in New York stocks as market shows strength
Financial markets rise with strong utilities and rail stocks lifting the index. Bettor optimism remains amid inflation and trade recovery expectations. notable advances include American Telephone and United Fruit, with total volume around 5,811,960 shares.
MENTIONED IN THIS ARTICLE
New York
Congress
London
American Telephone
National Distillers
Allied Chemical
United Fruit
Case
Detroit Edison
U. S. Steel
American Can
Consolidated Gas
du Pont
Santa Fe
Columbia Gas
Corn Products
North American
Delaware and Hudson
Bethlehem
Youngstown Sheet
Kennecott
Anaconda
Harvester
American
American Water Works
International Telephone
United Corporation
Bond Market Rallies Amid Rail and Utility Rebound
The bond market revived in today’s sessions with sharp gains in several rails and utilities after earlier unease. Not all issues rose as several drifted fractionally lower while overall trading slowed to $13.103 million par value, about $2 million below last Friday’s level.
MENTIONED IN THIS ARTICLE
New York
NY Stock Exchange Quotations Displayed
The listing shows quotations furnished by Bryan, Kemp and Company for the New York Stock Exchange New York Cotton Exchange New York Curb Exchange Chicago Board of Trade and Richmond Stock Exchange with contact at 1800 Bluefield W V.
MENTIONED IN THIS ARTICLE
NY Stock Exchange
Bryan, Kemp and Company
New York Stock Exchange
New York Cotton Exchange
New York Curb Exchange
Chicago Board of Trade
Richmond Stock Exchange
Treasury Receipts and Expenditures for June 9
Treasury receipts for June 9 totaled $9,580,908.76 with expenditures of $22,173,436.46 and a balance of $279,797,114.94. Customs duties for the first nine days of June amounted to $6,718,143.16.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Foreign exchange rates list for world currencies and cities
A New York report outlines foreign exchange values in dollars and cents. It lists demand and cable rates for Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Jugoslavia Austria Romania Argentina Brazil Tokyo Shanghai Hongkong Mexico City Montreal and New York-Montreal exchange references.
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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
Hongkong
Mexico City
Montreal
Grain prices in Toledo on track and stable
Grain market report from Toledo Ohio dated June 12 shows No. 2 red Wheat at 75 and 76 cents, No. 1 red at 76 for a nominal 28% rate basis. Corn No. 2 yellow at 44 and 44 cents, No. 3 at 42 and 43 cents. Oats No. 2 white 29 and 30 cents, No. 8 white 28 and 29 cents.
MENTIONED IN THIS ARTICLE
Toledo
Chicago Grain Prices Reach Fresh Highs on Wheat Oats
Chicago reports on June 12 show wheat and oats hitting new two year highs in late trading. Wheat closes 11 1/2 cents above Saturday, oats up 3 4 percent, corn steady, provisions off up to 5 cents amid crop damage reports.
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Chicago
Utilities Earnings Lift Semi Speculative Stocks
The market shows improvements as freight car loadings rise and utilities report stronger earnings, prompting renewed efforts by several semi speculative favorites.
Stock Sales Dip as First National Stores Report Four Week Totals
First National Stores, Inc. four week sales ending May 27 totaled 7,926,902, down 2.8 percent from a year ago. Armour and Company faces a looming legal fight over capital structure simplification to issue new common stock. Eugene F. Roth, attorney, protests the plan on behalf of more than 5,000 class A stockholders in a Chicago linked action.
MENTIONED IN THIS ARTICLE
New York
First National Stores, Inc
New York Evening Post
Armour and Company
Eugene F. Roth
Chicago
Call Money Rates and Money Market Notes
New York June 12 call money steady at 1 percent all day. Time loans firmer across several terms from 69 to 90 days and 4 to 5 months at around 1 1 percent. Prime commercial paper at 1 percent. Bankers acceptances unchanged with 30 days at % and 60 to 90 days around 4 months at % and 5 to 6 months at 1 percent.
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New York
Butter Prices Steady as Market Notes Fresh Scores
Butter holds steady in Chicago trading on June 12 with fresh scores clustered around 93 and 92. Centralized carrots show values of 90 to 89 at 22 to 21 percent, and 88 at 20 percent.
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Chicago
Government Bonds Market Rises on Broad Curb Activity
The curb market hit new highs as power issues led the gains with Electric Bond and Share up nearly 5 points and American Gas and Electric, Niagara Hudson Power and Commonwealth Edison each up about 2. Standout activity pushed Humble Oil up almost 9. Volume ran around 1.33 million shares, above last Friday.
MENTIONED IN THIS ARTICLE
Tric
American Gas and Electric
Niagara Hudson Power
Commonwealth Edison
Columbia Gas and Electric
Consolidated Gas
Oll
Humble Oil
Gulf Oil
Standard Oil
Indiana
Raw Sugar Prices Dip as Offerings Rise in New York
In New York on June 12, raw sugar eased on increased offerings with spots down 1/16 cent to 3.40. Sales reached 52,700 tons while futures closed July 1.37, September 1.40, December 1.47, January 1.49, March 1.51, and May 1.57. Refined market held at 4.60 for fine granulated.
MENTIONED IN THIS ARTICLE
New York
Dry goods markets firm with advances in textiles in New York
Cotton goods held firm with prints showing rising prices in print cloths and other unfinished lines. Men s wear lines saw additional advances for the third and fourth times. Silk markets strengthened as demand rose.
MENTIONED IN THIS ARTICLE
New York
Market Prices Reported for Regional Farm Goods
Regional market figures show sacks of Maine Green Mountains at 1.10 to 1.15 per unit and Cobblers stock around 1.60 to 3.00 for 100 pound sacks. Butter steady, cheese categories across New York full cream mild 20 to 21 and sharp 24. Poultry items list colored hens 11 to 12, leghorns 9 to 10, broilers 13 to 20, old roosters 6 to 7, ducks 8 to 10, geese 6 to 17, turkeys young 10 to 12, old toms 7 to 8, hens fresh killed full dressed 26, hog dressed 20. Nearby receipts and percent changes noted for various regions including southern Ohio, West Virginia and Kentucky.
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Maine
Green Mountains
North Carolina
Hennery
Ohio
West Virginia
Kentucky
New York
Chicago Live Stock Market Summary June 12
Chicago livestock trade shows hogs active with gains up to 15.20 and cattle generally steady to strong. Hog costs top around 4.85 for 190-300 lb sows while cattle dynamics span heifers and steers with top quotes near 7.60 for Nebraska fed yearlings and heavies from 5.75 to 6.59.
Produce Prices Sharply Examined by U.S. and Pa Depts
Pittsburgh June 12 reports from U.S. and Pennsylvania Departments of Agriculture show demand steady for apples and Russets with Baldwins strong. Prices list New York large Russets at 2.00 and Baldwins at 3.00 per bushel basket. medium Russets 1.75 to 2.00. Starke 60 to 65. others 0.75 to 1.00. Potatoes at 64 cars show weakness with 100 lb baskets noted.
MENTIONED IN THIS ARTICLE
Pittsburgh
New York
Baldwins
Livestock Prices Mixed as Demand Shifts Across Categories
Heifers 550 700 lbs good and choice 5.25 6.25, common and medium 4.00 5.50. Cows good 3.75 4.50, common and medium 3.40 4.75. Sheep 10 000 head better quality lambs with weight. bulk selling weak to slightly lower. Best to out siders 8.60, bulk 7.75 8.25. lambs 90 lbs good and choice 7.50 8.60, common and medium 5.50 7.50. sheep steady.
Jersey City Livestock Market Report June 12 1924
Jersey City cattle sales reach 1,520 with direct moves at 820. Cows steady while cutters and lower grades range 1.50 to 4.00. Wealers land 6,150 head with direct 3,210. Market weak to 50 lower. better grades 5.50 6.50. Sheep 26,480 with direct 16,660 and hogs 3,850 with direct 3,840.
MENTIONED IN THIS ARTICLE
Jersey City
N. J
Baltimore Livestock Prices Report June 12
Baltimore livestock market summary shows cattle steady with steers at 5.75 to 6.00, cows 3.50 to 3.75, heifers 4.50 to 5.00. Sheep and lambs total 3,500 with spring lambs 7.75 to 8.35, hogs 5,000 with lights 4.55 to 4.90, calves 350 steady at 3.50 to 4.50.
MENTIONED IN THIS ARTICLE
Baltimore
Pittsburgh Livestock Prices June 12 Report
U S Dept. of Agriculture market data from Pittsburgh shows hogs around 4.25 to 4.80 for various weight classes with light weights at 4.70 and 4.80, cattle mostly weak to lower with common and medium grades 3.85 to 5.75, calves steady to weak with values 2.25 to 5.50, and sheep steady with lambs 7.25 to 8.50 for 90 pounds and under. Cattle totals about 700 with weaker action in heavier categories and cows at 3.09 to 4.00 depending on grade. Hogs weigh 130-350 pounds. calves 250-500 pounds. lambs under 90 pounds fetch higher prices.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Pittsburgh
U.S. Dept
Lancaster Livestock Market Report
Lancaster PA June 12 cattle 1,255 head market active beef steers and yearlings steady to strong most sales 5 ¾ to 6 ¼ choice higher bulle steady stockers and feeders 4 ½ to 6 top calves 7 hogs 450 steady week close top 5 ¾ sheep 701 steady choice lambs 8 25 to 8 50
MENTIONED IN THIS ARTICLE
Lancaster
Pas
New York Poultry Prices and Markets Report
New York June 12 Egg prices firm with mixed colors and standards listed. White eggs show premiums and regional exchange specials, while dressed poultry weak with fresh and frozen items cited for chickens turkeys ducks and fowls. Live poultry markets show freight and express rates for broilers and other birds.
MENTIONED IN THIS ARTICLE
New York
Trade Trends and Market Snapshots
The midwest wholesale gasoline market shows heavy buying by refiners. Boston receipts of domestic wool reached 5,592,400 pounds last week, up from 5,108,300. season totals now 53,712,500 versus 37,182,900 the prior year. World rayon output for Q1 is about 63,629 metric tons, down 3,300 tons from the previous quarter but above Q1 1932 by about 5,000 tons.
MENTIONED IN THIS ARTICLE
Associated Press
Midwest
Boston
British Rayon Record
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Standard Statistics Co
Clutty Tor
R.R
Adams Express
Continental Can Sane
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Central
Alleghany Corpu
Crown Cork
See
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North Amer
Curtiss-Wright
Allis Chalmers
TTI
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Wee
Vo Drug
Owens Ill Glass Staeee
Vebeespredss
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Autolite
Packard Motors
Penick
Penney, J. C
Erie Ceekeene
Penn RR
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Fed. Wat
Phillips Et
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American Steel
Freeport Texas
Proctor and Gan. Bie
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Eae
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Armour
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Stewart Warner
Best and Co Eee
Kennecott Copper
Stone and Webster
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Kroger Groeteeeee
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Liggett and Myers
Underwood Elliott
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Lowe's Inc
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Lorivard Tob
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United Carbon
Canadian Pacific Sete
United Corpn
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McKsson and Robbins
O'S
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Warren Bros
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Ati
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James B. Mann
Bluefield, W. VA
Ioledo Grain
Chicago Grain
Wall Street Briefs
L. Alexander
Harry Bowen
H. R. Hawthorne
Arthur J. MacBride
R. L. Wallace
Pocahontas Fuel Company
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ONE Broadway
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Arthur Ferdin Brosvainggstan
Stockholm
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Aktiebolaget Bergbrun
Randie
Liberty
West Point
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Elkhart
Ind
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St. Louis
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Burlington, Vt
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Avery
Walt
Boots
BY Martin
THE
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Freckles
Wen AN
Shadyside
Red King
Red
BY Blosser
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