Dull trading persists as stocks mark time on May day
New York stocks drifted in a dull session with minimal net changes. Nations like National Biscuit, Western Union and Coca Cola showed slight moves while bonds and rails remained listless as investors awaited congressional budgets and Lausanne preparations.
MENTIONED IN THIS ARTICLE
New York
Lausanne
Congress
Banking Corporation
Auburn Auto
National Biscuit
Western Union
Wall Street
Biscuit
Bethlehem Steel
Proctor and Gamble
Macy
Peoples Gas
Wrigley
Pacific Telephone
S. Steel
National
Bond Market Unmoved Amid Washington Race And Conventions
The bond market showed little enthusiasm as traders awaited events in Washington the Republican convention in Chicago and European hotspots. Prices drifted slightly lower with 60 corporate loans down four tenths of a point and total volume only 7.085 million, the smallest full day since April 25. Railways lagged with the lowest domestic average though high grade carrier loans steadied. industrials and utilities lacked features. the U.S. government list remained steady.
MENTIONED IN THIS ARTICLE
New York
Washington
Chicago
United States
Curb Market Pauses as Summer Lull Eases Trading
New York curb market opens the week with traders largely held in place as politics draw attention and activity stagnates. Volume sinks to about 100,000 shares, the lowest for a full day since late April. Electric Bond and Share rises to 74 amid heavy turnover while American Gas and Electric common holds firm and preferred slips in thin trading. Oils remain notably dull.
MENTIONED IN THIS ARTICLE
New York
American Gas and Electric
Gas and Electric output falls. Sears Roebuck dividend in doubt
The Associated Gas and Electric system reports 12 month output of 2,687,420,913 kWh ending May 31, down 4.4 percent from the prior year. Wall Street anticipates a possible cut in the Sears Roebuck dividend as the board prepares to meet later this week. May 21 sales decline by 27 million dollars despite enacted economies.
MENTIONED IN THIS ARTICLE
New York
Associated Gas and Electric System
Wall Street
Hancock Investments Markets Flags Preferred and Common
C B Hancock Investments lists Cities Service 6% preferred at market and Appalachian Lesttic Power 8 87% preferred at market. Cittee Service common closes 2 percent on June 13.
MENTIONED IN THIS ARTICLE
C. B. Hancock Investments Cities
Appalachian
Lesttic Power Company
Ye Stock Exchange Quotations and Telegraph Contact
Quotations from the New York Cotton Exchange and allied boards list prices and market activity. James E. Mann is named as manager with Jack R. Younger serving as assistant manager and telephone contact provided.
Adama Express Directors Skip Preferred Dividend
Directors of the Adama Express company announced today that the quarterly dividend of 1.26 on the preferred stock is being omitted to offset a decline in gross and a drop in sales.
MENTIONED IN THIS ARTICLE
Adama Express Company
Foreign exchange rates in New York as of June 13
The market lists Great Britain at 3.6743 with cables 3.67 and 60 day bills 3.66. France at 3.93 13/16, Italy 4. Seman and cables 5.13. Norway 18.29, Sweden 18.89, Denmark 20.04, Switzerland 19.54, Spain 8.26, Portugal 3.77. Argentina 25.79, Brazil 1.55, and other currencies with nominal rates noted.
MENTIONED IN THIS ARTICLE
Adams
Pennsylvania
R. Ram Am
Federal Water Service
People's Gas
Allis Chalmers
General Electric
General Foods
America
General Motors
See
Keith Orpheum
American
Great Northern
Republic St
Ceesees
American Steel
Reynolds
Hershey
Hudson Motors
Maols Central
Issesees
Anaconda Corp
Beaivon Air Line Veces Armour
Harveater
Areenaee Dry Goods
International Shoe
Shattuck
F. Ry
International Nickel
Atlantic ‘Refining
Int
Tel and Tealy
Auburn Auto i
Inland Steel
Evensohns Manville
Calif
Edison
Kelvinator Ate
Southern Pacific Etee
Balto
Ohio
aMy
Kennecott
Southern Railway
Bar Bendix Aviation
Sis
Roger Eee
Tity Standard Brands
Bethlehem Steel
Ibe Lambert Co
Lowe's Inc
Stewart Warner
Lorillard Tob
al Stone and Webster
Byers
Louisville and Nash
Studebaker
McKeesport Tin
Texas Co
McKesson and Robbins Texas Gul
Cerro Fe Peane Mathieson al See
Chesapeake
Mexican Seaboard
Midcontinent Pvt
Transamerica Corp
Underwood Elliott
Chesa
Montgomery Ward
Union Carbide
St. P
Nash Moors
Cash Register
United Aircraft
Commonwealth
United Carbon
United Corps
Werner
Col Gas
Ccsee
Iq United Gas
Impr
Light
Sheenweee
Sweenee
Ul. Power and Continental Gas
Norfolk and Western
Vanadium Steel
Continental Insurance
American Aviation
Warner Pictures
Continental
North American Co
Western M Wesson Oil and Quote
Western Union
Shee Ub
Curtins- Wright He Packard Motors
Pac
Ceeeneeee
Tse
Paramount Publix
Pupeeetee du Pont
Penick and Eevee
Worthingteeeee
Penney
I. c
New York
Great Britain
France
Italy
Germany
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Cztchoslovakia
Jugoslavia
Austria
Rumania
Argentine
Brasil
Co City
Treasury Receipts and Expenditures for June 10
Treasury receipts for June 10 were 5 412 078.01 dollars. Expenditures total 16 978 417.60 dollars leaving a balance of 230 460 425.46 dollars. Customs duties for ten days of June reached 6 867 911.21 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Government bonds list for New York on June 13
United States government bond prices shown for Liberty 3s 32 to 32-47 range, First 4s 32-47, Fourth 4s 33-38, Treasury 4% 47-52, Treasury 4s 44-54, Treasury 34s 46-56, Treasury 3 1/2s 40-43.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Iledges
Fourth
Treasury
Money market rates steady as call money holds at 2 percent
New York reports call money at 2 percent all day with time loans for 60 to 90 days at 1 percent and 4 to 6 months at 14 percent. Prime commercial paper sits at 2 percent to 3 percent while bankers acceptances remain steady with 30 days at 7 percent 60 to 90 days at 1 percent 3 months at 14 percent and 5 to 6 months at 1 percent.
MENTIONED IN THIS ARTICLE
New York
Raw sugar advances as deliveries rise in New York market
Raw sugar shows broader activity with spots up 5 points to 2.70 delivered basis. Sales reach 44 700 tons with 15 600 in exchanges. Refined market steady at 3.70 while one refinery adds 0.10 to 3.80 effective at tomorrow’s close.
MENTIONED IN THIS ARTICLE
New York
Coffee market closes steady with No 7 futures down
New York coffee markets show quiet but steady trade with No 7 futures easing 7 to 10 points from opens. Santos futures rise by 2 to 5 points on some contracts, with overall sales around 12,000 bags and spot Rio and Santos prices quoted.
MENTIONED IN THIS ARTICLE
New York
Santos
Rio
Butter Market Report Shows Stable Prices Across Regions
Butter prices hold steady in Chicago with a 98 score and varied percentages for different grades. Centralized carlot data lists values around 90 with broad ranges, reflecting mixed offerings and cataloged lots.
MENTIONED IN THIS ARTICLE
Chicago
Toledo Grain Prices Lead Market Update
Toledo grain values on track at 28 percent rate basis. Wheat No 2 red 44 4, No 1 red 45 4, Corn No 2 yellow 29 29, No 3 yellow 28 28. Oats No 2 white 20 44 21, No 2 white 19 49 21. Red clover prime cash 9.00, alsike prime cash 8.75.
MENTIONED IN THIS ARTICLE
Toledo
Prices Cut on Dry Goods for Fall Men’s Wear
New York June 13 sheet and no case prices reduced to 35c a yard for 10 3 bleached from 42c. More business reported on men's wear worsteds for fall as suppliers move to attract buyers.
MENTIONED IN THIS ARTICLE
New York
Pittsburgh Produce Prices and Demand Report
Pittsburgh June 13 report shows moderate demand for produce with cars of apples steady at 2.50 to 3.00 per barrel or 1.15 to 1.50 per basket. Cabbage prices steady in crates from Tennessee Mississippi and Missouri, onions dull with yellow and white sacks mixed, potatoes steady with Maine New York Alabama and other regional stocks listed. Butter and eggs unchanged as market listings conclude.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S
New York
Tennessee
Missouri
Texas
Maine
Green Mountains
Alabama
Louisiana
Barrera
South Carolina
Virginia
Jersey City Livestock Prices Mixed Across Species
Cattle sales total 1 680 with 710 direct as steers rise up to 25. Bulls gain up to 25, cutters to medium grades 2 50 to 3 50. Vealers and calves 4 810 with goods 6 50 to 7 50. Sheep and lambs 19 810, lambs gain up to 50 with good to choice 7 50 to 8 00. Hogs 5 740 all direct, market nominal.
MENTIONED IN THIS ARTICLE
Jersey City
Baltimore Livestock Cattle Prices Steady Across Classes
Baltimore market cattle sales show 800 head with steady values. Steers good to choice bring about 6.00 to 6.50, medium to good 5.50 to 6.00, fair to medium 4.50 to 5.00. Bulls and cows range from 3.00 to 3.50 for common grades.
MENTIONED IN THIS ARTICLE
Baltimore
Market Report on Livestock Prices and Grades
The sheet lists meat and livestock pricing in varied grades. It shows hogs at 1,800 head with lights at 4.08 and heavies at 4.00, calves around 5.00 to 6.00 for good to choice, and lambs and sheep priced from 1.00 to 5.25 for different quality levels.
New York Poultry Prices and Live Poultry Status
Dressed poultry values vary by type with fresh and frozen options listed for chickens fowls and turkeys. Live poultry is described as nominal with no quotations while eye totals and color standards are reported with mixed notes on pack sizes and credit sales.
MENTIONED IN THIS ARTICLE
New York
Etore
Pittsburgh Livestock Market Report
Hogs 1,500 and up to 20 higher. light 130-160 lb 3.65-4.00. 160-200 lb 3.90-4.10. 200-250 lb 3.60-4.05. 250-350 lb 3.25-3.65. slaughter sows 100-130 lb 3.26-3.65. Cattle 600. steers steady to 25 higher. bulls weak to 15 lower. steers 900-1,300 lb good 6.10-6.60. heifers 550-850 lb good 5.00-5.50. calves 700 mostly steady. vealer milk-fed good and choice 3.25-5.25. Sheep 2.00C. lambs 90 lb down 6.15-7.25. yearling wethers 91-110 lb 3.00-5.00. wethers 2 years up 1.65-3.00.
MENTIONED IN THIS ARTICLE
Ohio
Pittsburgh
U. S
Trade Trends Show Canned Goods Hold At High Levels
Trade trends indicate canned foods prices remain firm across major items with resistance levels reached. New packing season may shift costs but further radical declines are not anticipated. Paints April sales total 2290 109 with 588 establishments reporting. Petroleum market shows continued improvement with bulk gasoline rising in the Mid-Continent and smaller gains along the Atlantic seaboard.
MENTIONED IN THIS ARTICLE
Mid-Continent
Atlantic Seaboard
Wheat Market Dips as Fifty Cent Price Becomes New Norm
Chicago grain rounds edge lower as wheat settles around fifty cents, a new market standard, with buyers retreating and deliveries wavering near season lows. Harvest progress in Kansas elevates price gaps between Kansas City and Chicago, while lack of export demand adds to bearish mood. Corn and oats move variably and provisions swing within seven cent ranges.
MENTIONED IN THIS ARTICLE
Chicago
Hutchinson
Kansas
Kansas City
United States
Grove Wing Eleven Straight for Macks Wins
Game recap shows New York and Cleveland at bat in a 8 to 8 draw? The text records batters, hits, and errors with home runs by Dickey Ruth Averill and a double by Morgan. Russell pitched for Cleveland and Pearson later. Hodge and Hildebrand noted as umpires with a 2:07 time.
MENTIONED IN THIS ARTICLE
Ruseel
Hudsin
azaRan
Sewell
Hildebrand
New York
Cleveland
Dickey
Ruth
Lary
Lasserl
Morgan
Averill
Kamm
Ciasell
Myatt
Genrig
Jaya—Morgan
Rusast
Eet
Jeanes Seana
Russeuciin
Goren
Russell
Eleo
Comeee
J. Sewell
Ruth Rfrig
Chapman
Lazzeri
Gomez
Porter
Burnett
Vosimir
Wanes L. Sewell
Clasell
White Sox Rally to Beat Boston 7 6 in Tight Game
Chicago White Sox overcome a scoreless start by Eddie Durham as they rally to defeat the Boston Red Sox 7 to 6. The Sox picked up two runs in the sixth and knocked Durham from the mound in the seventh to seal the win.
MENTIONED IN THIS ARTICLE
Chicago
Chicago White Sox
Eddie Durham
Boston
Sox
Durham
Weat Virginia Medical Society Holds Annual Session in Bluefield
The Weat Virginia Medical Society will hold its twenty sixth annual session in Bluefield from June 10 to June 17 with meetings at Genoa Avenue High School. A free chest clinic, surgical clinics, and public meetings are scheduled at John Stewart Church and Providence Hospital with doctors Crichlow Jones Goens and Brown among speakers. The Golden Star club meets tonight at 7 30 at Rev J A Walker home 336 Belcher Street. members urged to attend.
MENTIONED IN THIS ARTICLE
Weat
Virginia Medical Society
Sesson
Bluefield
T. E. Jones
Egrapen
Freeman's Hospital of
Washington, D. C
W. W. Goens
J. F E. Brown
John Stewart Choir
W. S. Hight
City
C. E. Lilly
W. H. Welch
E. L. Younge
B. A. Crichlow
Denmar Sanitarium
J. A. Thomas
Golden Star Club
J. A. Walker
Belcher Street
Willing Workers Council Meeting at Dr Wrights Home
The Willing Workers council will meet this evening at 7 30 o clock at the home of Dr Wright on Bland street.
MENTIONED IN THIS ARTICLE
Willing Workers Council
Dr. Wright
Bland Street
Appeal for Olympic Finances And Foreign Support Noted
The United States team has received no government funds, while several foreign nations subsidize two thirds of expenses. Los Angeles and California have allocated substantial grants totaling over 1.5 million to prepare for the Olympic Games. Donations to the fund can be sent to Detroit or via local committees. A Venezuelan highway project linking to a Colombian route reaching 14 100 feet altitude is described.
MENTIONED IN THIS ARTICLE
United States
Los Angeles
Andes Mountains
Venezuela
Colombia
Organ at Chicago stadium stirs workers with political era tunes
The organ in Chicago’s Great Stadium 15 plays a rolling Sousa march and nostalgic convention tunes like Baby Mine and Sidewalks of New York as workers below respond with swells of emotion. The music, poised to echo national convention drama, could spark a nominating moment in the coming weeks.
MENTIONED IN THIS ARTICLE
Aswell
New York
Tralee Briefs Move and Health News In W Va
Tralee West Virginia June 13 Bobby Lewis son of Mr and Mrs G P Lewis moved from Richmond where he had a serious operation to Grace hospital Welch Bruce Vaught regained health and went out today Mr and Mrs G P Lewis stayed with the son in Richmond and returned home Mrs John Atwood daughter Myrl Francis and Carl Shrader from Lt-
MENTIONED IN THIS ARTICLE
Tralee
W. Va
Bobby Lewis
G. P. Lewis
Richmond
Grace
R. E. Elliott
Elmore
Bruce Vaught
Mra
John Atwood
Myrll Francis
Carl Shrader
Local Visitors Relate to Tra Lee Area
Mann and party visiting friends in TraLee on Wednesday. Mr. and Mrs. E. B. Lefler spent Thursday with relatives. Corky Vaught and family were noted with illness of small son. J W Jeffcoate and Ruth Jeffcoate recently moved Princeton to Mullens were in TraLee. Comer Jeffcoate accompanied them. J A Cahill with G Lewie motored to West Wednesday evening. Raymond Kidd returned from Bluefield and Virginia. Ethel and Lorine Ki visited friends in Mullens Saturday.
MENTIONED IN THIS ARTICLE
West
Raymond Kidd
Bluefield
Points
Virginia
Ethel and
Lorine Ki
Mullen Ln
Akerson Recalled to Aid Hoover at White House
Washington reports George Akerson, former secretary and Hoover confidant, is recalled to White House service during the convention. Akerson, now a motion picture executive, said duties are not defined yet but will mirror the office of Lawrence Richey. Extension into the campaign possible.
MENTIONED IN THIS ARTICLE
Washington
Hoover
Draed
George Akerson
White House
Akerson
Lawrence Richey
Chicago
Akernon
Caraway Delivers Two-Word Senate Debut
Senator Hattie W. Caraway of Arkansas makes a brief maiden address lasting two words. During farm relief debate she reads a 100 word telegram opposing the farm board and later states her position, noting her late husband Thaddeus H. Caraway voted against the farm board.
MENTIONED IN THIS ARTICLE
Washington
Senate
Hattie W. Caraway
Arkansas
Farm Board
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Bluefield Daily Telegraph
New Banking Corporation
Standard Statistics Co
Ind. Rutty
Igh
Leon
Ite
Ind
R.R
Wall Street Briefs
N. Yestock Exchange
Bryan, Kemp
and Company
West Virginian Hotel
Bluefield, W. VA
James E. Mann
Jack R. Younger
Toledo Grain
BY Sidney Smith
Imat
Nenrietta
Townsend Zanderner
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Pittsburgh Livestock
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Medical Society
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James Ellwood Jones
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Arthur J. MaccBride
R. L. Wallace
Pocahontas Fuel Company Incorporated
ONE Broadway
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