Stock Market Edges Lower Amid Cautious Turnafter Strong Start
New York stocks opened firm but eased through the day as traders await news with little constructive outlook. Steel shares fell while American and foreign issues saw mixed moves. total turnover near 2 million dollars as money markets held at the renewal rate with varied foreign exchange demands.
MENTIONED IN THIS ARTICLE
New York
Steels
U. S. Steel
Bethlehem Steel
International Telephone
Krueger
Toll
Swedish Telephone Company
Westinghouse
American Telephone
New York Central
Atchison, Southern Pacific
Union Pacific
Bonds Show Irregular Trading Across Sectors
In New York in June reactionary tendencies in the rail group and gains by German issues and Latin American bonds produced an irregular market. Trading was uneven with heaviness limited to second grade rail bonds. Industrials and utilities were mixed, amusements saw convertibles, while U S government obligations were readily traded.
MENTIONED IN THIS ARTICLE
New York
United States
Call money and treasury rates steady in New York
Call money in New York on June 15 remained steady at 119 percent for the day with time loans showing slight variations. Prime commercial paper stood around 2 percent with bankers acceptances unchanged across 30 to 90 day ranges.
MENTIONED IN THIS ARTICLE
New York
Exchange Rates Report from New York Office
Foreign exchanges irregular with Great Britain quoted at 4.86 percent in dollars and other currencies in cents. Markets show varied demand across major currencies as of June 15.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Hancock Investments closes June 15 in Mullens market move
C B Hancock Investments based in Bluefield West Virginia asks Mullens Grocery Co to close a rental trust share matter at the First National Bank Building. The note references service common shares and a 10 percent market action with an Indian term end date June 1584.
MENTIONED IN THIS ARTICLE
Bluefield
West Virginia
First National Bank
Mullens Grocery Co
Uacirental Trust
NY Stock Exchange Quotations Listed For Bluefield
Names and titles from the New York Cotton Exchange and Chicago Board of Trade appear alongside management and staff at Bluefield, West Virginia, with James Eb Mann listed as manager and Jack R Younger as assistant manager.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
Chicago Board of Trade
Treasury Receipts and Expenditures June 12 Totals
Treasury receipts for June 12 stood at 11 640 390.36 with expenditures 11 378 391.19 and a balance of 41 960 360.74. Customs receipts for the month through June 12 reached 11 739 431.41.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Dry goods markets show uneven gains in New York trade
Cotton goods demand improves for prompt delivery as prices stay irregular. Wool goods remain steady with rising demand for fall women’s wear. Acetate rayon inquiries increase while viscose lags but cites sharper demand next month for weaving and knitting yarns. Raw silk eases.
MENTIONED IN THIS ARTICLE
New York
Butter Prices Hold Steady Amid Slight Market Jitter
Chicago market notes butter prices unchanged with a barely steady zone.Listing shows multiple scores from 87 to 93 with varying percentages and a separate line on centralized carrots scoring around 89 to 90 with percentages.
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Chicago
Raw sugar futures steady after midday liquidation
Raw sugar in New York held steady as July liquidation weighed on prices. Final quotes were unchanged to 3 points higher with 34,800 tons traded, more than half via exchanges, and three month prices listed at July 1.18, September 1.27, December 1.36, January 1.38, March 1.44, May 1.50.
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New York
Pittsburgh Produce Prices and Demand Report
Pittsburgh June 15 reports moderate produce demand with cabbage in 27 cars and weaker prices for Ohio 100 lb crates to 2.50. Onions across 10 cars steady with Texas standard crates and yellows 1.25 to 1.40. Potatoes 58 cars steady with various regional stocks and prices. butter, eggs, cheese and poultry/livestock prices listed for nearby stocks and dressed items.
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Pittsburgh
U. S
Depts
Ohio
Tennessee
Louisiana
North
South Carolina
Alabama
Bliss
Maine
Green Mountains
Toledo grain prices and seed restate cash contract values
Cash grain and seed prices listed for June 15 with wheat corn oats and clover contracts. Wheat No 1 red 7642 77 No 2 red 754% 76 Corn No 2 yellow 5542 56% No 3 yellow 64% 51's Oats No 2 white 274% 28% No 3 white 264% 27 Seede in warehouse red clover domestic old 13.50 new 13.75 October 13.75 December 14.00 choice cash old 13.75 new 14.00 Alsike prime cash 14.00.
MENTIONED IN THIS ARTICLE
Toledo
Alsike
New York Poultry Market Prices Cluttered by Mixed Colors
Egg prices at New York on June 15 show unsettled trading with varied quotes. References include mixed colors, heavy and extra grades, and multiple percentages for firsts and seconds across nearby and western hennery whites and browns.
MENTIONED IN THIS ARTICLE
New York
Egge
Poultry Prices and Freight Rates Summary
Poultry market data lists fresh and frozen chicken prices by category such as fowls and old roosters, plus turkey and duck pricing. Freight and express rates appear for live poultry movements, with variations by method and destination.
MENTIONED IN THIS ARTICLE
Pacific Coast
Shell
Express
Wall Street Briefs: Argentina Trade Surplus and Mergers
A cable from Dr. A E Bunge reports Argentina's year to date trade balance at 10.9 million dollars versus a 16 million deficit a year ago. Government revenue sources except customs duties show higher yields. Associated Telephone Utilities buys Feedsburg and Kearney Telephone firms. Standard Gas and Electric reports 75.59 million dollars net earnings for the year to April 30, down 2.25 percent from the prior period.
MENTIONED IN THIS ARTICLE
New York
A. E. Bunge
Banco de Laz Nacion Argentina
A. Iselin and Company
Republic
Standard Gas and Electrc Company
Wheat prices ease after spring drought rallies
Chicago grain reports wheat prices averaged lower despite rallies tied to increased drought in spring crop territory. Trading in Chicago on June 15 reflected the weather-driven bid, with corn and oats activity noted but not detailed.
MENTIONED IN THIS ARTICLE
Chicago
Wheat Harvest Progress and Market Shifts Reported
Winter wheat yields look strong with Texas and Oklahoma showing higher per acre returns than government estimates. Corn oats and provisions move in mixed directions as new domestic wheat arrivals press selling and rains in Kansas spark wet harvest talk, while Canadian spring wheat lags.
MENTIONED IN THIS ARTICLE
Texas
Oklahoma
Kane
Liverpool
Kansas
Croperperta
Cincinnati Produce Market Report Sparks Mixed Prices
Cincinnati market notes show quiet demand for kegs and extra flat trades with limited movement. Nearby ungraded fruit and produce trade at modest levels as buyers wait for clearer pricing signals.
Baltimore Livestock Prices and Receipts Report
Baltimore livestock prices and receipts list cattle categories with price ranges for steers bulls cows and heifers. Sheep and lambs hogs calves are shown with varying grades and weights reflecting supply levels in June.
Pittsburgh Livestock Prices Report Western U S Dept Agr Hogs Cattle Calves
Hog prices mixed with steady overall trend. Light to heavy weights range from 6.60 to 7.75 per hundredweight with sows 4.50 to 5.00. Cattle see steers 7.59 to 8.50, heifers 7.25 to 8.25, cows 4.25 to 5.75, bulls 4.25 to 5.50. Calves and sheep show gains with milk fed calves 7.25 to 9.00 and lambs 8.00 to 9.50. yearlings and other ranges noted.
MENTIONED IN THIS ARTICLE
Baltimore
Pittsburgh
U. S
Tromg
Trade Trends in Automobiles Copper Steel by AP
The Associated Press reports a large potential car demand due to obsolete models, with 5 million units in the United States. Copper prices are steady, fabricators cover future needs, and steel warehouses cut prices on bars, sheets, and strips in the Chicago district.
MENTIONED IN THIS ARTICLE
Associated Press
C. C. Hanch
National Association of Finance Companies
United States
Chicago
Chicago Livestock Prices Mixed as Cattle and Hogs Move
Chicago market notes show hogs steady to lower with most classes down 10 to 26 cents while cattle and calves weaken midweek. Slaughter hogs 6.35 to 8.85 per hundredweight. cattle and veal mostly steady to 25 cent declines with steers 7.25 to 9.00 and fat lambs 5.00 to 9.25, reflecting uneven demand across weights.
Curb Market Mixed After Listless Sessions In New York
New York curb market shows divergent trading with utilities rising early but closing lower. Turnover in the day totals 210000 shares, the lightest five hour volume since January, while major issues like American Gas and Electric and Humble show fractional declines amid sporadic selling. Gulf and Vacuum hold, Newmont Mining slips on light activity.
MENTIONED IN THIS ARTICLE
New York
American Gas and Electric
Gulf
Rate Cut Approved for Refined Oil Shipments
Washington June 15 The Interstate Commerce Commission approved a 25 percent cut in railroad rates on refined petroleum products from the Mid-Continent field to aid carriers against pipeline and motor truck competition. Some pipelines already handle gasoline and crude oil, and railroads had sought 65 percent of the basic rate, but the commission rejected that level as insufficient compensation.
MENTIONED IN THIS ARTICLE
Washington
Interstate Commerce Commission
Eightieth Division Veterans to Attend Pittsburgh Reunion
The national convention of the eightieth division AFEF gathers in Pittsburgh August 6 to 9 with many former officers invited. Leading attendees include Major General Adelbert Cronkhite, Secretary of War Patrick Hurley, Colonel William Waldron, Brigadier General George Jamerson, Brigadier General Frank Cocell, and Major General Ephraim Peyton.
MENTIONED IN THIS ARTICLE
Pittsburgh
Eightieth
A. FE. F
Smoky City
J. J. Madden
80Th Veterans’ Association
Adelbert Cronkhite
Baltimore
Fort Benjamin Harrison
Indiana
Frank 8. Cocell
319Th Infantry Regiment
Fort Houston
Texas
Ephraim G. Peyton
320Th Infantry
Eightieth Division
Atlanta
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Rie
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