Wall Street Rebounds With Heavily Irregular Close
On a revived Bull campaign weekend, trading was heavy and profits were taken as totals neared 3.2 million shares. Call money eased to 7 percent with some funds at 6 percent. money expectations point to mid month settlements and improved credit conditions by early July.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Wall Street
Montgomery Ward
Pennsylvania
Delaware
Houston
Texas
United States
Anaconda
Cerro de Pasco
American Smelting
Greene Cananea
New Jersey
Brooklyn Edison
Commonwealth Power
Erie
S. Steel
General Electric
Minneapolis-Moline Power Implement
General Railway
Auburn Auto
U. S
National Distilleries
Allis Chalmers
A. M. Byers
Eix
New York Stocks Close Highs and Lows on Trading Day
The New York stock list shows Allied, Amex, Amer Tel and Tel, Johns Manville, Krogers, Myer s, Pacifi c, Reading, Sears Roebuck, Union Pacifi c, Texas Corp, Westinghouse, Woolworth and others closing mixed. Notable prices include 8% for Amco Fo, 28 for Amolater, 109% for United, 198 for Nor Amer, 2484 for Stand Of Cal, 223 for Union Pacers, and 162 for Westinghouse.
MENTIONED IN THIS ARTICLE
Allied H DO
Amer
Tevevees
Amer Co& Fo
Cceesesees
Amer Int
Amer B & BR
Sosesssere
Amer Tel & Tél
Andes
Ai Enssanere Ison Inter Nickel Inter Tel & Tel
Johns Manville
Ennecott
Olater
Krogers
Lig Myers Bi
Southern Buy
Cal
Cos
Texas Corp
Texas
Union Pacers
Indus Ale
Warner Bros
Maryland
Woolworth
Bond market shows steady gains on Liberty issues
Liberty bonds and United States treasury certificates rose about three quarters of a point in active trading. Liberty 34a and the fourth Liberty 448 plus treasury 445 led the demand while American Telephone convertible 4% rose to 1245. Utilities like Duffynes Light 4% and Louisville Gas posted notable advances as industrials eased.
MENTIONED IN THIS ARTICLE
New York
Liberty Loan
United States Treasury
Liberty
Treasury
American Telephone
Duffuesne Light
Louisville Gas
Foreign exchange rates and bids across nations
The report lists irregular foreign exchanges with Britain at 4.84 percent, France near 3.90, Italy around 5.22, and several European and Non European bids including Belgium 13.87, Germany 22.81, Holland 40.11, Norway 26.62, Sweden 26.74, Denmark 26.62, Switzerland 19.23, Spain 14.20, Austria 14.03, Romania 59, Argentina 41.85, Brazil 11.87, Tokyo 42.85, Shanghai 5840, and Montreal among others.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germerw
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Rumania
Argentine
Brazil
Tokyo
Shanghai
Montreal
Money market notes show steady rates across instruments
New York traders report call money easier at 7 percent all day. Time loans firm at 30 days 8 percent, 60 to 90 days 8.8 percent, and 4 to 6 months 8 percent. Prime commercial paper at 6 percent. Bankers' acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Government Bond Prices Reported in New York
United States government bonds closed with Liberty 3448 at 96.16 First 46 at 98.26 Fourth 4%48 at 99.5 Treasury 4%8 at 107.4 Treasury 44 at 103.31 Treasury 348 at 101.3 Treasury 3% at 96.18.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
First
Fourth
Treasury
Coal firm stock change and holding company plan approved
Westmoreland Coal stockholders approve changing to no par stock and creating a holding company to issue shares to coal company common stockholders. Gulf Oil follows Atlantic Refining with a price rise of one cent per gallon in Pennsylvania. Central Alloy Steel sets aside 450000 dollars for Massillon Ohio plant upgrades to lift sheet production by about 40 percent.
MENTIONED IN THIS ARTICLE
Westmoreland Coal Company
Gulf Oil Company
Atlantic Refining Company
Pennsyvan
Central Alloy Steel Company
Massillon
Ohio
Raw sugar market firmer with higher futures in New York
The raw sugar market in New York showed a firmer tone as futures rose while spot prices held at 3.49 duty paid. Market activity increased with final prices two to six points higher and approximate sales around 91,800 tons. July to May futures quoted with several points changes. refined prices remained unchanged at 5.00 for fine granulated and second-hand materials noted.
MENTIONED IN THIS ARTICLE
New York
Butter prices steady with few grades up top
Butter markets in Chicago on June 14 show barely steady trade with several top grades near or above 90, including Fresh 93 and Centralization around 90. Bluefield reports a zero score with 48 percent.
MENTIONED IN THIS ARTICLE
Chicago
Fragmented Arkansas Company Names Incoherent List
A garbled OCR listing several company fragments including American Coal, Lambert Co, Community Loan and Lambert Co, Premier Coal, Sterling Hardware, Armature, and other stray terms. No clear event or cohesive narrative is discernible.
MENTIONED IN THIS ARTICLE
American Coal Co
Ark
Lamber Co
Fittes Aervities Serv
Nig ‘Ommunity Loan and Lamber Co
Tay Reek Coal Eel
An Coal Aapled Coal Co
Sterling Hadwe
Va Armature
Pier Lier. Co
Gitt Stock
Produce markets show moderate demand in Pittsburgh
June 14 report from Pittsburgh lists Department of Agriculture notes. Produce demand is moderate with cabbage and onions steady and potatoes slightly weaker. Freight car lots cited include Tennessee onions, Ohio crates, Michigan Rural and Maine shipments, plus new stock barrels from Cobblers in Carolina and Virginia prices.
MENTIONED IN THIS ARTICLE
Pittsburgh
Department of Agriculture
Tennessee
Ohio
Texas
Michigan
Maine
Green Mountains
Carolina
Virginia
Poultry market notes and prices at New York
In New York on June 14 poultry prices were steady with dressed fowls at 25 to 33 cents. Live poultry remained nominal with broilers at 20 to 48 cents by express and by freight. Receipts total 33,937 crates with fresh gathered and extra lots also indicated. other grades unchanged.
MENTIONED IN THIS ARTICLE
New York
Sollee
Ferenelar
Dry goods markets show steadiness in New York trade
Cotton goods markets were steady and quiet in New York on June 14. Gray goods demand lagged earlier in the week while finished sheer cottons for summer wear moved in large volume. Spot raw silks remained firm, silk makeres gaining favor, and wool goods felt pressure from potential labor disruptions. Calcutta burlap fabrics edged up slightly from declines as prices firmed.
MENTIONED IN THIS ARTICLE
New York
Calcutta
Toledo Grain Prices Report June 14
Wheat No 2 red priced at 1.21 to 1.22 per unit. Corn No 2 yellow around 96 to 97. Oats No 2 white at 50 to 51. Rye No 2 1.05. Other wheat and grain categories unchanged in Toledo Ohio.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Farm board bill near final passage cited in Chicago report
Chicago report notes apparent certainty the bill creating a federal farm board worth 500.9 million dollars is close to signing. Market observers on June 14 monitor rain value shifts and cat traders tracking developments as the congressional action progresses.
MENTIONED IN THIS ARTICLE
Chicago
Federal Farm Board
Crop market notes hint at tightening Canadian supply
The report indicates Canada may face a precarious crop situation soon. Wheat quotes closed unsettled, mixed around yesterday's levels. Corn advanced slightly, oats rose up to 1 percent, and provisions ranged from declines to a ten cent increase.
MENTIONED IN THIS ARTICLE
Canada
Chicago hog and cattle market notes June auction results
Hogs receipts total 21 000 with 4 500 direct. Prices closing slow about 40 cents under Thursday’s average. top 11 55. butchers’ cattle 170 to 320 pounds 10.40 11.20. pigs 90 130 pounds 9.75 11.00. Cattle receipts 2 000, calves 1 000. slaughter steers 14.25 15.50. cows 6.50 12.25. bulls 10.50 11.50. Lambs and ewes see gains: native lambs 15.25 15.65. feeder lambs 12.50 17.65.
MENTIONED IN THIS ARTICLE
Chicago
Department of Agriculture
Idaho
Baltimore Livestock Prices on June 14 Receipts and Ranges
Baltimore Livestock report shows cattle receipts at 150 with price ranges for steers heifers bulls cows by quality, sheep and lambs receipts 200 with prices, hogs receipts 250 with categories from lights to heavies, calves at 5.00. The data reflects mixed grades and multiple price points across categories.
Hogs Receipts Steady to Weak in Pittsburgh Auction
Pittsburgh livestock desk reports hogs receipts at 2 400 with prices steady to weak. Medium to choice hogs quoted from 11.26 to 12.00, packing sows 9.25 to 9.75. Cattle none. steers heavies and other classes not fully listed.
MENTIONED IN THIS ARTICLE
Pittsburgh
Department of Agriculture
Children Celebrate National Children's Day At Glenwood Park
Bluefield observes National Children's Day with a full park program led by Mayor A J Stewart's committee. George Richardson Jr will address the children as contests offer prizes from Woolworth Clark Hardware Outlet Sample Store Bluefield Shoe Co Hawley's etc and park facilities are donated for the event with expert supervision and a bring your own lunch policy.
MENTIONED IN THIS ARTICLE
Bluefield
Glenwood Park
A. J. Stewart
T. O'J. Wilson
Fred W. Udy
Sarah Switzer
Misa Desir Gilmore
Nellie Poff
E. C. Wade
Clyde Reppert
J. Kell
Pearle Brammer
Tde
Grenwood Park
George Richardson Jr
Clrle
Woolworth
Live Stock Prices and Receipts Summary
Receipts show cattle and calves steady to firm with varying grades. Good to prime stock ranges include heifers and cows at multiple price points, while bulls and cutters fetch lower ends. Sheep and lamb figures indicate a steady to slow market with mixed grades and notable price spreads.
Power Commission Rules Jurisdiction in Cumberland Falls Project
The federal Power Commission voted unanimously that it has jurisdiction over the Cumberland Falls hydro electric project in Kentucky. It ruled the project affects navigation in the stream and therefore falls under federal authority. The Cumberland Falls Hydro Electric Power Company, a Samuel Insull interests subsidiary, plans the plant.
MENTIONED IN THIS ARTICLE
Washington
Federal Power Commission
Cumberland Falls
Gas Rate Hearing Postponed to June 24 in West Virginia
Valuation figures submitted by United Fuel Gas to the West Virginia Board of Public Works were read at the public service commission hearing on increased rates for several Southern towns. Protestants moved to suspend the tariff. the hearing adjourned to June 24 for arguments on the motion.
MENTIONED IN THIS ARTICLE
Charleston
W. Va
United Fuel Gas Company
Board of Public Works
Public Service Commission
West Virginia
W. J. Hightower
Charles Fon
Virginia
Kentucky
Ohio
Public Service Comemission
Pany
Maguet Seeks Custody Of Adopted Child In West Virginia
Charleston June 14 The state supreme court granted a writ of habeas corpus against Lola and Estelle Hic upon S S Maguet petition to custody Peggy Ilene Maguet aged eight adopted by him and his wife in 1927 in Cabell County circuit court Maguet says after his wife died the child was cared for by her sister and after the sister died by two daughters of that sister He remarried but the women refuse to return the child The writ is returnable June 21.
MENTIONED IN THIS ARTICLE
Charleston
W. Va
State Supreme Court
Lola
Estelle
S. S. Maguet
Peggy Ilene Maguet
Cabell County
Maguet
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