Wall Street ends higher after crowded session and mixed moves
New York traders saw a volatile carryover with a late rally lifting the closing average slightly. Major issues such as United States Steel and Bethlehem Steel led gains, while Case and Union Pacific lagged. the dollar slipped as London talks continued and agricultural policy plans loomed.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Treasury
London
Congress
Antil
United States Steel
Bethlehem Allied Chemical
Chrysler
Montgomery Ward
Standard Oil
New Jersey
Woolworth du Pont
Consolidated Gas
Case
Union Pacific
Ashington
Department of Agriculture
Bond Market Sags Amid Weak Rail Loan Demand
The bond market weakened as renewed weakness in secondary rail loans reflected nervous stock conditions. Prices drifted lower across all categories with trading volume shrinking to 12.52 million dollars par value, down from 14.47 million the previous day. The average for 60 domestic corporate issues fell by six tenths of a point.
MENTIONED IN THIS ARTICLE
New York
Hancock Investments and Appalachian Electric Power Co issue
Appalachian Electric Power Company issues 6 and 7 percent preferred at market price. B Hancock Investments notes June 16 close for common, with details on preferred at market price and closing remarks.
MENTIONED IN THIS ARTICLE
Appalachian Electric Power Company
Orice Common
New York Stock Exchange Quotations Vanished
Bryan, Kemp and Company report vanished quotations affecting NYSE listings. Includes contact details and mentions of New York Cotton Exchange, New York Curb Exchange Associate, Chicago Board of Trade, and Richmond Stock Exchange with offices in Bluefield, West Virginia.
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
Government bonds closing figures for New York on June 16
United States government bonds closed with Liberty 3 1/2% at 102.17 and Fourth 4% at 103.3. Treasury bonds ranged from 106.12 for 4 1/2% to 110.4 for the 4% 8s, with additional 3% issues at 104.24 and 102.11.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Treasury
Foreign exchange rates listed for major currencies
New York June 16 Foreign exchange strong with Great Britain at 4.07 percent for demand and cables France 4.74 percent Italy 6.31 percent and various European and international currencies shown with demand and cable figures including Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Jugoslavia Austria Rumania Argentina Brazil Tonyo Shanghai Hong Kong Mexico City Montreal and New York Montreal exchange values noted as nominal.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Rumania
Argentine
Brazil
Tonyo
Shanghai
Hongkong
Mexico City
Montreal
Call Money Steady Across New York Markets
Call money in New York remained steady at 1 percent all day. Time loans held at 1 percent for 60 to 90 days and 4 to 5 months, with 6 months at 1 percent. Prime commercial paper at 1 percent. Bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Curb Market Mixed as Alcoa Stages Late Advance
The New York curb market showed erratic trading with alternating rallies and reactions. Aluminum Company of America pushed to a net 1% gain in a closing flourish after earlier losses, while oils traded closely behind.
MENTIONED IN THIS ARTICLE
New York
Aluminum Company of America
Market Stages Mixed After 3 Point Loss for Humble and Gulf Dip
General market edges lower with Humble slipping three points while Gulf fell by one. Electric Bond and Share rose slightly. Commonwealth and Edison up one percent and Columbia Gas along with Electric preferred up about three. Transfers near 910000 per day versus 832000 prior.
MENTIONED IN THIS ARTICLE
Humble
Gulf
Commonwealth and
Edison
Columbia Gas and Electric Preferred
Treasury Receipts and Outlays for June 14 in Brief
Treasury receipts for June 14 totaled 8,860,677.68 with expenditures of 12,414,605.94 and a balance of 268,136,103.50. Custom duties for the first fourteen days of June reached 9,879,491.23.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Toledo Grain Prices on Track for Wheat Corn and Oats
Grain quotations from Toledo on June 16 show No. 2 red Wheat at 71 to 72, No. 1 red 72 to 73, Corn No. 2 yellow 42 to 42.5, No. 3 41 to 41.5, and Oats No. 2 white 28.5 to 29, No. 3 28 to 29. These nominal rates reflect a 284 rate basis and indicate a steady grain market.
MENTIONED IN THIS ARTICLE
Toledo
Butter Prices and Pullman Car Fact
Butter markets in Chicago on June sixteen show steady, fresh grades with 93 and 92 scores noted amid a range of 89 to 93. Centralized carrots list 90 and 89 as notable figures. The first Pullman car entered service in 1859.
MENTIONED IN THIS ARTICLE
Chicago
Wall Street Briefs Bankers acceptances drop in May
New York reports bankers acceptances outstanding fell by 28,002,029 from April 30 to 668,811,328 and were down 118,603 versus May 31, 1938. National Lead Co. says current sales run 50 percent above Q1 average, though the first quarter was among the poorest in years. New state and municipal financing for next week totals 6,864,592 versus 32,878,353 for the past week per Daily Bond Buyer.
MENTIONED IN THIS ARTICLE
New York
National Lead Company
Edward J. Cornish
New York Raw Sugar Prices Steady Amid Quiet Trading
New York on June 16 reports no spot sales with prices holding at 3.35. Total 24,200 tons sold with July at 1.382, Sep 1.34, Dec 1.41, Jan 1.42, Mar 1.48, May 1.52. Refined market sees moderate withdrawals against old contracts and fine granulated at 4.60.
MENTIONED IN THIS ARTICLE
New York
Cotton goods firm as traders await processor tax impact
New York June 16 reports cotton goods firm with hesitancy over a proposed processor tax under agricultural legislation aimed at aiding cotton farmers. Rayon prices expected to rise sharply for September orders as raw silk buyers grow hesitant. Heavy silks sell well for fall while wool goods remain firm with mills holding substantial orders.
MENTIONED IN THIS ARTICLE
New York
Pittsburgh Produce Trade Shows Modest Demand
Pittsburgh market bulletin reports moderate demand for produce on June 16. Apples show small gains with New York Baldwins at 90 cents to 1.00 per basket, Russets 70 to 75, and Russets mid range 60 to 65. Potatoes rise with 38 carload offerings steady at about 1.15 for Maine Green Mountains and 1.00 for Michigan rurals. North Carolina Cobblers sell at 3.25 per 50 sacks, 1.85 per 100 lb sacks. Butter eggs cheese and poultry unchanged.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. 58
New York
Maine
Green Mountains
Michigan
North Carolina
Chicago Livestock Prices and Market Update
Chicago livestock market report shows total head counts and price ranges for hogs and cattle. Hogs total 21,000 with 12,000 direct, prices from 3.60 to 4.75 per 100 pounds live, and sows 3.80 to 4.10. bulk 190 to 300 pounds. Cattle and calves totals around 2,300 with varied demand and prices from about 4.75 to 7.25 for different weights and grades. grass cattle and grain feds noted with fluctuation in value.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Livestock Market Prices Report for Heifers Cows and Lambs
Market summary shows heifers at 4.75 to 5.85 per hundredweight for common to good and Chalice 650-750 lbs. Cows range 3.00 to 4.25 for common to good. Lambs around 7.25 to 8.00 for 90 lb quality with natives and Californias 7.50 to 8.00, steady to strong with uneven gains.
Baltimore Livestock Prices Reported June 16
Baltimore livestock market report shows cattle mixed with steady bulls and steers. Bulls good to choice bring 3.25 to 3.50 per unit while steers reach 5.75 to 6.00. cows and heifers also steady with multiple grade ranges. sheep and lambs steady with lambs 5.00 to 5.50. hogs and pigs steady with varying weights. calves 3.25 to 4.00.
MENTIONED IN THIS ARTICLE
Baltimore
Jersey City Livestock Trade Report
Cattle total 1,170 with 1,060 direct. steers steady, cows and bulls steady. Vealers 1,780 with 1,695 direct. market steady, tops 6.00. Sheep and lambs 8,570 total with 5,780 direct. lambs weak, better grades 8.00–8.26, bucks down. Hogs 30 dollars direct, market nominal.
MENTIONED IN THIS ARTICLE
Jersey City
Lancaster Livestock Market Report Lancaster June 16
Cattle market unsettled with beef steers and yearlings down about 15 to 25 cents from the week's average. Bulls steady, stockers and feeders mostly steady, calves and hogs slow with limited early sales. Sheep steady with choice lambs at 8.25.
MENTIONED IN THIS ARTICLE
Lancaster
Wheat and corn prices fall on grain market nerves
Nervousness over Secretary Wallace’s tax and acreage reduction plans spurred heavy selling in Chicago wheat today. Wheat plunged to over 6 cents below Tuesday’s top, with softening outlook from South Dakota North Dakota and Montana. Corn oats and provisions also declined, reflecting broad market weakness.
MENTIONED IN THIS ARTICLE
Chicago
Ineas
Wallace
South Dakota
North Dakota
Montana
Pittsburgh Livestock Market Report June 16
U S Department of Agriculture notes hogs 2,700 with holdovers 700 steady to 5 higher across weights, best 4.10 to 4.75. cattle 50 slow, steers 900-1300 lbs 5.75 to 6.50, heifers and cows varied, calves steady to weak, sheep 300 steady to weak with lambs under 90 lbs at 7.25 and 4.75 for common.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S
New York Poultry and Egg Prices Report
New York dairy and poultry pricing summary dated June 16 shows dressed poultry steady for roosters at 9 to 12 with other grades unchanged. Live poultry irregular with chickens, broilers, fowls, roosters, turkeys and ducks listed for freight and express. Egg prices vary by region with specials 18 to 20 and standards 15 to 17.
MENTIONED IN THIS ARTICLE
New York
Teady
Trade Trend: Cloth Demand, Gas Tax Boost, Appliances Rise
Cotton mills face uniform production cuts under the national recovery act. cloth brokers warn of looming inventory backlog as weaving operates at maximum. Gasoline distributors post general advances due to an added federal tax. Retailers report rising household appliance sales, with refrigerators leading gains in three months.
MENTIONED IN THIS ARTICLE
Associated Press Cotton Goods
Scheuer and Company
Mary Howard Dies at 208 Rock Street Residence
Mrs. Mary Howard, mother of Mrs. Pansy Wade, died Friday at 4 P.M. at her daughters' home, 208 Rock Street. Funeral arrangements have not yet been completed.
MENTIONED IN THIS ARTICLE
Mary Howard
Pansy Wade
Rock Street
Revival to Begin at Local Church This Sunday
Pentecostal church in Keystone West Virginia hosts a revival starting Sunday at 3 PM with a new pastor. Evening services follow nightly at 7 30 PM and are open to the public. Senior Bishop C F Kyle of Bluefield is expected to attend along with many others.
MENTIONED IN THIS ARTICLE
Pentecostal
Keystone
W. Va
C. F. Kyle
Bluefield
Boys Encamp at Camp Roland Opens in Bland Virginia
About fifty boys attend the 1933 encampment of Boy Scouts of the southern West Virginia council at Camp Roland on Wolf Creek in Bland County Virginia. Clark M Brown is resident camp director with Norvin Ovrom providing overall supervision from Bluefield. The two week program may extend if applications justify it. This year the camp is open to all boys regardless of scout affiliation with activities largely uniform. Camp periods will shift to Wednesdays with home departure scheduled midweek and a planned entertainment program.
MENTIONED IN THIS ARTICLE
Boy Scouts of
Southern
West Virginia Council
Camp Roland
Wolf Creek
Bland County
Virginia
Clark M
Bob) Brown
Beaver High School
Norvin Ovrom
Bluefield
Ovrom
Scout Movement
Singing school closes with all day event in Ballengee WV
Prof J A Lesley ends his singing school at Ballengee West Virginia on June 25 with an all day singing. Representatives from four adjoining counties will attend and everyone is welcome.
MENTIONED IN THIS ARTICLE
J. A. Lesley Wills
Ballengee
W. Va
Meeting Plans At Mother Church For Singers And Clergy
Singers and co workers from the mother church are slated to attend a meeting for two or three nights next week. The bishop expects to be present Tuesday and Wednesday night if possible, Elder O. B. Brown, pastor.
MENTIONED IN THIS ARTICLE
BE. Brown
Grover Rites Sunday for Alberta Glover at Mt. Marian
Funeral service for Alberta Glover coldred will be held at 2 p m Sunday at Mt Marian Baptist church Maybeury with Rev C H Brooks Wenonah leading. Burial follows at Wade cemetery with pallbearers Vick Woodson Armstead Moore Earnest Hamlet Dave Perkins Bernard Parker C C Clars Howell Winsfield James Carter. Flower bearers Miss Lucille Lewis and Annie Lee Binkey. Glover, born June 19 1916 Maybeury, was survived by her father step mother one sister and two brothers. her mother died ten years ago.
MENTIONED IN THIS ARTICLE
Mt. Marian Baptist Church
Maybeury
Alberta Glover
Coldred
Hattie Gilliam
Arista
C. H. Brooks
Wenonah
Wade Cemetery
Vick Woodson
Armstead Moore
Earnest Hamlet
Dave Perkins
Bernard Parker
C. C. Clars
Howell Winsfield
James Carter
Lucille Lewis
Annie Lee Binkey
Miss Glover
Also Mentioned on This Page
Bluefield Daily Telegraph
Street
Standard Statistics Co
Hig
Csee
Low
Ceee
Adams Express
Eastman Kodak
North Amer c
Otisev
Alaska Juneau
Au Owens [Ll
Glass
Alleghan Coron
Elec
Pac Gas
Pac Lighting
Allis Chalmers Ate
Packard Motors Tae
Amer
Foster Wheeler
Penick
Ford
Fox Film
Penney
J.C
Freeport T
Penn
People's G
Ei Phillips
Rollin Mills
Pillsbury
Gen
Foods
Proctor and Arm's
Motors
Lux
Signal
Gillette Safety
Mu Radio Corpa
Cessadee
Great Northern Pref
Poate Er Orpheum
Hershey
Reynolds Metals
Drygoods
Reynolds Tob
Royal Dutch
A. T
F. Ry. Atl. Erg
Ate Ae
Mhy
Hudson Motors Ve
St. Joseph
Atlas Powder
Yupp Motors Whee
Seaboard Air Line
Auburn Attto
Ilinois Central
Sears Roebue
Aviation Corpu
Int Bus
Ms Int Harvester Weee
Ig International Shoe
Socony Vacuum
Uae
Calif
Iaon
Bendix Aviation
Brooklyn Man
Trans
Kennecott Copper
Standard Cassee
Brooklyn-Union Gas
Ad Ae
Kresge
Briggs
Kroger
Lambert
Stewart Warner
Canada
Lehman Corp
Stone and Webster
Canadian Pacific Seeees
Lehn and Fink
Studebaker A
Liggett and Myers B
Texas Corp
Cerro de Pasco
Chesapeake Corpn
Lowe's Inc
Tae
Timken Roller Bearing
Uw Cc
Eecwes
Transamerica Corp
United Aircraft Sovees
Coca-Cola
Ind. Alcal
K. An
Congole
Worthington
North Amer
Aviation
DuPont
Hancock Investments
Weet
Virginian Hotel
James
Mann
Bluefield, W. VA
C. le Alexander
Harry Bowem
H.R Hawthorne
Arthur J. MacBride
R. L. Wallace
Pocahontas Fuel Company
ONE Broadway
U.S. Pator
Vocahontas
Great Lakes
Larcest
Owne
Atlantic Coast
Tivewater
Lambert's Point
Sewell’s Point
Norfolk
Newport News
Dovun
St New Bedford
Mass
Salem
Wharf
Botton
Portland
Magee On
Trsute
Sandusky
Bee Muce
Bedford
Norfok Va
Cincinnati
Foxes Savon & CO
Ane Artis
Arbocia
Hmersena S&s Seruen
E. Pinto BA ‘& Utd
Hienagon & Cas
Lamelnat
Toledo Grain
Wall Street Briefs
Chicago Livestock
Baltimore Livestock
Jersey City Livestock
Lancaster Livestock
Chicago Grain
Pittsburgh Livestock
NEW York Poultry
News OF the Colored People
Church OF God IN Christ
Wolfe Creek
Singing School
Grover
Caei John
Walt
Skeezie
Phyllis
BELL
Boots
Stephen
Mar Windaa Sal
Sly Boots
BY Martin
Freckles
Red
BY Blosser
Ver
Grove Curve