Market moves led by professionals amid narrow shifts
Stock market activity Wednesday saw professional operators dominate price movements, with specialties, standard industrials, and rails trading in narrow ranges. Notable gains occurred in American Smelting, Pierce Arrow, United Charter Stores, Skelly Oil, and several others as optimism grew on new construction prospects and favorable political developments.
MENTIONED IN THIS ARTICLE
New York
Utah
Magma
Cerro de Pasco
Skelly Oil
Lincoln County
Oklahoma
Independent Oil and Gas
Marland
Pierce Arrow Prior
Mack Trucks
Maxwell
Dodge
Meon Motors
United Char
American Express
Famous Players
Great Western
Soo
Newport News Gas and Electric
Ward Baking A
Universal Pipe
Robert Reis
Southern Railway
Atlantic Gulf and West Indies
Brooklyn
Manhattan Transit
Dupont and
Wall Street
Skelly
Pan- American
Sinclair
Pierce Arrow Motor
Forelgn
United States
Bond market dull as bonds absorb trading interest
New York traders focus on local traction issues and a few oil and motor liens, with prices holding steady within narrow limits amid reduced volume. Notable listings include California Petroleum, American Smelting, Sears Roebuck, and Union Pacific among others, with several preferred issues indicated.
MENTIONED IN THIS ARTICLE
New York
Bovine
New York Street Railway
Allied Chemical and Dye
America
Smary Amsiiten
Feaeeen
Atlantic
Peale
California Petroleum
Canadian Pacific
Central Leather
Cerro de Chic
St. Paul
Chicago
Crucible Steel
Chesapeake and Ohio
Cuba
Sid Bole Emaura
Ceus
C.ceuss
Lasky
Lus
General Asphalt
Odalens
Odieg
REUO
Eserda Bindoent
Eral Motors
Aleeanee Dad
Great Northern
Hudson Motor
Citesecs
Setedendonas Harvester
Au International Nickel
Ennecott Copper
Rice
Louisville
Medivilte
Lancenmeas
Acb
Shiver
Northern Pacific
Papening
Phillips Pomens
Corporation
Seas Ene
Peading Republic Iron and Biel Reynolds Tobacco
St. Louis
San Francisco
Seaboard Air Line
Sears Roebuck Sinclair Consolidated
Southern Railway
Standard Oil of
California
New Lane Stewart Warner
Studebaker
Texas Company
PRM
Dary
Texas and Pacific Tobacco Products
Transcontinental
Union Pacific
State Industrial
Picahai
Tes
United States Rubber
United States Steel
Trustee Sale Notice for Smith-Pocatas Coal Mortgage
Notice is given that J H Lilly Trustee will sell at public auction at the Mercer County Courthouse Princeton WV on July 3 1925 at 10 o clock AM the coal leasehold and related real estate described in a May 15 1924 deed of trust to secure $75 000 in bonds issued by Smith Pocatas Coal Company. The sale includes improvements machinery and appurtenances in Wyoming County West Virginia. J Lally Trustee.
MENTIONED IN THIS ARTICLE
Smith-Poahontas Coal Company
J. H. Lilly
J. HM. Lilly
Princpa
Mercer County Court House
Princeton
West Virginia
Smith-Pocatas Coal Company
New Foreign Loans Near Completion Raise Financing Hopes
Prices of railroad mortgages stayed firm as negotiations on several new foreign loans continued. The report notes that offerings are expected within the next fortnight, likely ending the current financing lull.
Foreign Exchange Rates Reported Across Major Currencies
New York June 17 foreign exchanges show irregularities with quotations in cents. Key rates include Great Britain at 4857/16 demand, 4.86 cables, and 4.817/16 for 60 day bills. France at 4.75% demand, 4.76 cables. Italy at 3.77% demand and cables. and numerous other currencies such as Germany 23.81, Japan Tokyo 40%, Shanghai 77%, Brazil 11.05, Argentina 40.12.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakia
Jugo-Slovakia
Austria
Rumania
Argentina
eBrazil
Tokyo
Shanghai
Montreal
Government Bonds Closing Prices in New York
United States government bonds closed with Liberty 3s at 101.2, Liberty first 4s at 102.17, 4s at 102.19, 8s at 101.15, Liberty, third 4s at 101.29, fourth 4s at 102.28, 48 at 103.12, and Treasury 4s at 107.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Abas Ely
Toon
Treasury
Call Money in New York Steady Across Maturities
Call money in New York on June 17 held steady with ruling rate at 8 percent. Closing bid 3 percent and offered at 4 percent. last loan 2 percent. Time loans steady with mixed collateral 0 to 90 days at 3 percent and 4 to 6 months at 3 percent. Prime commercial paper also at 3 to 4 percent.
MENTIONED IN THIS ARTICLE
New York
Livestock market report Chicago cattle hogs and sheep
Cattle receipts 8,000 with steer trade strong to 26 cents higher. top long yearlings $11.75, best weighty steers around $11.26 to $11.40, cows and heifers up to 10.75. Hogs receipts 18,000 with slow start, closes with slight advance. good and choice 235 to 325 pounds $12.70 to $13.00, 160 to 210 pounds $12.60 to $12.85. Sheep receipts 12,000 fat lambs up to 25 cents, native lambs mostly $15.00 to $15.75, ewes $6.75 to $7.00, heavies $4.25 to $4.75.
MENTIONED IN THIS ARTICLE
Chicago
Idahos
Wheat Prices Jump on Black Rust Report in Red River Valley
Chicago grain markets rose nearly seven cents as Fargo reports black rust in the Red River Valley, a major wheat region. July and September futures edged up while corn and oats gained modestly and provisions fluctuated.
MENTIONED IN THIS ARTICLE
Chicago
Fargo
N. D
Red River Valley
Seed prices report from Toledo market
Wheat No 2 red closes at 1.81 1.83. Clover seed cash 16.50 for October 15.15 December 14.80. Alaie August 314.26 bid. Timothy seed cash 3.75 September 4.10.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Timothy
Sugar market steady with listed cargoes for June and July
In New York on June 17 the raw sugar market remained steady with no change in quotations. Reported sales included 30 000 backs of Cuban and 20 000 bags Puerto Rican for June shipment at 446 duty paid and 14 000 bags Philippines for July August shipment at 4 53. No major changes observed.
MENTIONED IN THIS ARTICLE
New York
Philippines
Sugar futures end firmer on European cover amid Cuban selling
Sugar futures closed steady to up slightly as European fund cover boosted early gains of one to three points while Cuban linked houses sold. Most activity centered in exchange trades with July at 2.70, September 2.85, December 2.93, March 2.96. Refined sugar held firm as refiners reportedly stuck to price lists. Moderate business noted.
New York Dairy Prices Sliding on Weak Butter Receipts
From June 17 dairy report, butter remains weak with receipts at 14 522. Creamery prices rise beyond extras with 92 score for firsts at 88 to 91. Irregular exports show 34 35 cents for fresh gathered extra firsts. exas and exes noted with various scores.
MENTIONED IN THIS ARTICLE
New York
Butter Market News Shows Decline Amid Low Demand in Chicago
Liberal offerings across grades failed to spur buying, causing a half to one cent drop in prices. Top quality butter held firm while medium and lower grades weakened as dealers and buyers stayed cautious. Centralized car market remained barely steady with buyers reluctant to meet asking prices. Fresh butter 92 score 42 cents. 90 score 42 cents.
MENTIONED IN THIS ARTICLE
Chicago
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Watson Barber
Indus
Moses Hyman
Welch, W. Va
C. B. Hancock
First National Bank
L Pao
de War Creek Coal Co
Mead Coal
Milami Fork Coal and Tame
Tas Coal Land
Gatas Tue
Comremier Red Ash Coal Co
Inceton Hesiery Mills
Conceton Power Co
Sterling Hardware Co
Ul Supply Co
Weat Virginia Armature Co
West Virginia Mortgage and Discount Corp
West Virginiaortgage and Discount Corp
New Norfolk
Seaemote
Leadford
Lesper Te
Roanoke
Sheuaa
D. m
Gary
J. Lally
Stanley
Lester Beasley
Watsons
Gov’t Bonds
Best Buy
Lyndale Ave
Clovis Ave
Torey
Oakhurst
Bluefield
Washington Street
New House
Bath
East River
Shenandoah Ave
Mortgage Service & Real Estate Co. I Bank
Phetn
Ial
Crary van
Foundation of
THE
Bluefield National
Biverisuyp
W.va
W. Va
Consultus
Community Loan Company
Bland Street
W. C. Neikirk
Secy & Treas
Isaac T. Slann
James Elwoo
A. J. McBride
Mer. Salis
L. Alexander
D Jones
Thomas F. Farrell
Gen. Mer
H. R. Hawthorne
Bales
Pocahontas Fuel Company
Pocahontas
Tidewater
Ue Great Lakes
Et Ae
Pocahontas Fuel Company Incorporated
P. F.C. Rete Man
Rixead
Mampton Reade
Pocahontas Fuel Company’ Incorporated
New Broadway
Saan
Ain St
Mass
PORTE
Cincinnati
Traction
Portland
Maine
Pocahontas Wharf
Moulton
New Bedford
Hillman Street
Atlantic Coast
Lambert's Point
Sewell’s Point
Norfolk
Newport News
City Piers
Great Lakes
Sandusky
Ohl
London
Moxey, Savon «& Co, Ltd
Lime Street Square
E. C
England
Henry Cor
Piazza
Matteo
Geneva
Pocahontas Fuel Co., Inc
Broadway
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