Market Report Signals Mild Session After Freight Rate Woes
New York June 17 Stocks drifted lower in a light five hour session as traders priced in higher freight-rate petitions and deferred maintenance worries. Rail shares led losses with declines of 1 to 5 points, while Westinghouse softened near its 1924 low. Steel ingot output stayed near 38 percent of capacity, and May foreign trade showed a weak surplus of 23 million. Some rails receded, others like Missouri-Kansas-Texans preferred rose on news of dividend cuts. overall market tone remained tepid with mixed afternoon rally.
MENTIONED IN THIS ARTICLE
New York
Westinghouse
Atchison and
Union Pacific
New York Central
Norfolk and Western
Baltimore and Ohio
Lehich Valley
Illnois Central
St. Louis
Standard Oi
New Jersey
Sears Roebuck
Bond quotations show firm tone amid foreign rallies
New York June 17 bond market reported irregular quotations but firm undertone aided by strong rallies in German issues. Light trading with sales over 9 million dollars. St Louis, St Louis Southwestern and related bonds led an 8 point gain while several domestic Industrials advanced. high grade rails and utilities little changed. US government issues narrow in movement.
MENTIONED IN THIS ARTICLE
New York
St. Louis
San Francisco
United States
Hancock Investments Faced By Mullens Grocery Co
C B Hancock Investments based in Bluefield West Virginia at First National Bank Building prompted Mullens Grocery Co to respond with a 170.00 fundamental share inquiry. The terse note lists shares and asks for confirmation on the investment position.
MENTIONED IN THIS ARTICLE
C. B. Hancock Investments
Bluefield
West Virginia
First National Bank
Bld Mullens Grocery Co
Government bonds close in New York trading session
United States government bond prices moved in quiet trading in New York on June 17 with Treasury notes around 103.2 and 108.12 for special issues. Market figures show yields and small firming across issue types as investors eyed ongoing issuance and policy signals.
MENTIONED IN THIS ARTICLE
New York
United States
Arty
Treasury
Foreign exchange rates and norms around world currencies
New York June 17 report shows irregular foreign exchange with Great Britain quoted at 4.865 and 4867 in cables, 60 day bills 4845. France at 3.91 percent. Rates for Belgium, Germany, Norway, Sweden, Denmark, Spain, Portugal, Greece, Poland, Czechoslovakia, Yugoslavia, Austria, Romania, Argentina, Brazil, Tokyo, Shanghai, Montreal, Mexico City listed with specific figures.
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
Tokyo
Shanghai
Montreal
Mexico City
Call money steady as market reports small gains
New York June 17 call money steady at 1 percent all day with time loans also stable. Rates for 60 days at 1 4 percent, 4-4 months at 1 2 percent, and 5-6 months at 1 1 percent. Prime commercial paper at 2 percent. Bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Treasury Receipts and Expenditures Reported
Treasury receipts for June 15 totaled 17 144 181.01 dollars with expenditures of 27 851 009.19 dollars leaving a balance of 31 482 626.32 dollars. Customs receipts for the month up to June 15 amounted to 14 178 937.33 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Flour Unchanged in New York Market
On June 17 the New York flour market showed no change with prices steady amid light trading. Officials noted stable demand for wheat flour futures and no sudden shifts in supply constraints.
Butter Prices Rise as Offerings Decline in Chicago
Butter prices advanced on most scores today as buying picked up in Chicago. Fresh 93 score 21 44, 92 score 21, 91 20, 90 20, 89 19, 88 19, 87 18 percent. Centralized carrots 90 score 21 percent, $9, 20, 88 19.
MENTIONED IN THIS ARTICLE
Chicago
Fresh
Sugar market in New York steady amid light liquidation
Raw sugar held steady at 3.30 spots duty paid while futures slipped 1 point. Only 10,600 tons sold. July 1.19, September 1.28, December 1.36, January 1.88, March 1.44, May 1.50. Refined unchanged at 4.45 for fine granulated.
MENTIONED IN THIS ARTICLE
New York
Pittsburgh Produce Market Summary June 17
Produce demand moderate in Pittsburgh with multiple regions quoted. Cabbage and onions show steady to weaker quotes across various crate and sack sizes from Ohio Tennessee Texas and Georgia Louisiana and Maine. Potatoes and butter prices listed with varied stock classifications and quality grades.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S S
Ohio
Tennessee
Louisiana
Texas Standard
North
South Carolina
Georgia
Bliss
Maine
Green Mountains
Egg prices in Cincinnati market report
Cincinnati may 17 eggs were quiet with steady quotes. Extra firsts sold at 16 cents a dozen, firsts 14 cents, seconds 13 cents, nearby ungraded 15 cents, reflecting subdued trading in the local market.
MENTIONED IN THIS ARTICLE
Cincinnati
Toledo Grain Prices on Track in June Report
Cash grain in Toledo Ohio shows Wheat No 1 red 11 No 2 red 7614 77 No 1 white 7844 79. Corn No 2 yellow 5614 57% No 8 yellow 5544 56. Oats No 2 white 27 28 No 3 white 26 27. Seeds in warehouse unchanged.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Wheat Prices Rally as Canadian Crop Outlook Dims
Chicago grain notes indicate Canada's wheat yield this season may be the scantiest on record, lifting prices while U.S. harvest reports offset the rise. Kansas begins winter wheat cutting with yields surpassing expectations. wheat ends irregular, small changes, with corn and oats mostly steady and Latinos advancing a few cents.
MENTIONED IN THIS ARTICLE
Chicago
Canada
Kansas
Baltimore Livestock Cattle Receipts Report
Baltimore June 27 cattle market report shows receipts of 50 head. Steers described as good and choice, with price or further details not provided in available text.
MENTIONED IN THIS ARTICLE
Baltimore
New York Stock Exchange Quotations Panel
James Be. Mann, manager on York Cotton Exchange and Chicago Board of Trade Jack R. Younger, assistant manager. Readings cover market prices, closing figures, and notable shifts across securities as reported by the exchange office. Authorities indicate mixed results with gains in some cotton and grain contracts amid trading activity.
MENTIONED IN THIS ARTICLE
York Cotton Exchange
Chicage Board of Trade
Cattle and sheep market quotes from local sale
The document lists bid and asking ranges for cattle hogs and sheep including cows bulls heifers fresh cows and springers with prices per hundredweight and per head. Notable figures include spring lambs good to choice at 8.75 to 9.25 and receipts tallies for huit various categories.
Dry goods market report from New York
In New York on June 17 dealers reported continued inquiry for unfinished cottons with bids below market for late deliveries being declined. Raw silk held steady. Burlaps stayed strong. Wool goods remained in moderate demand. Rayon sales to weavers increased.
MENTIONED IN THIS ARTICLE
New York
Pittsburgh Livestock Hogs Steady to Higher Prices Reported
Pittsburgh market notes on June 17 shows hogs at 600 head with gains of 25 to 40 cents for various weight classes. Light weights 180-160 lbs quoted at 7.55 to 7.80, 160-200 lbs at 7.65 to 7.80, 200-250 lbs at 7.40 to 7.80, 250-350 lbs at 6.80 to 7.50, slaughter pigs 100-130 lbs at 7.25 to 7.65, packing sows 275-500 lbs at 4.75 to 5.25. Cattle around 100 head steady to weak with steers noted.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S. Dept
Chicago
Market cattle and sheep price quotes with weights
Listing of cattle and sheep lot prices by weight and grade. Includes heifers cows bulls calves and lambs with ranges from low to high for quality categories plus milk-fed calf values and sheep lambs wethers and ewes priced by weight.
Chicago Livestock Prices Hit Mixed Gains Across Sections
Chicago June 17 reports show hogs at 15-25 higher with 2,000 direct, 14,000 total, packing sows rallying. Cattle and calves activity mixed as yearlings and vealers fetch 7.75 to 9.00 for slaughter grades, while stockers and feeders hold 5.00 to 7.60. Sheep run mostly steady with better native ewes and yearlings around 6.00 to 7.75.
New York Poultry Prices Steady Across Markets
New York June 17 report shows Eyes 42, 205 steady while mixed colors and regular packed lots area closely selected. Dressed poultry steady with turkeys fresh 25 30 and frozen 36 45. Live poultry steady with fowls by express 16 28.
MENTIONED IN THIS ARTICLE
New York
Express
Steel sheets output falls in May to 201,846 tons
New York June 17 production data show May steel sheet output at 201,846 net tons or 56.5 percent of capacity, down from April. Unfilled tonnage drops to 296,731 tons or 83.2 percent. Safe Harbor Water Power plans a 21 million offering of first mortgage bonds due 1979, with plant financing by Consolidated Gas and Pennsylvania Water and Power.
MENTIONED IN THIS ARTICLE
New York
National Association of At
Safe Harbor Water Power Corporation
Susquehanna River
Consolidated Gas Company of
Baltimore
Pennsylvania Water and Power Company
Curb Market Stagnates With Mixed Oil, Gas Moves
The Newark curb market on June 17 showed a heavy undertone with mixed price changes. Volume fell to 200000 shares, Vacuum Oil dropped 5 points amid merger chatter with Standard Oil of New York, Gulf slipped 1, and Indiana and Cities Service eased. Utilities held steady while United Gas rose to 7, up 0.25. Ohio brass B priced as if the annual dividend cut to 2 was already priced in, slipping about 1.
MENTIONED IN THIS ARTICLE
Newark
Standard of N. Y
Gulf
Indiana
Cities
United Gas
Ohio Brass B
Trade Trends in Metals and Chemicals
Copper sales are nearly zero in domestic and export markets. Heavy chemicals see slower withdrawals from running contracts and weak spot trading. Lead stocks in the United States rose to 142,370 short tons by end May from 133,457 in April and 180,426 in March. Steel ingot production declined two percent to 38 percent of capacity.
MENTIONED IN THIS ARTICLE
United States
American Bureau of Metal Statistics
Amelia Earhart Crashes Autogyro Near Abilene Field
FPAKING OFF from Abilene Texas in the autogyro Earhart was piloting for a transcontinental flight she failed to gain altitude and struck two cars on the edge of the field. She was slightly injured and the aircraft was badly damaged. A photo shows her with the craft on arrival in Los Angeles after completing the coast to coast windmill plane flight.
MENTIONED IN THIS ARTICLE
Abilene
Tex
Amelia Earhart
Miss Earhart
Los Angeles
Zine-Buying Quiet as Prices Hold Steady
Market notes show Prime Western zine prices easing to 3.35 cents per pound near St. Louis, contrasting with prior ranges of 3.35 to 40 cents. Analysts cite steady demand and narrow spreads as buyers monitor futures and regional supply.
MENTIONED IN THIS ARTICLE
St. Louis
Mellon and McDonald Renew Acquaintance
London June 17 Secretary of the Treasury Andrew W Mellon called on Prime Minister MacDonald for 45 minutes at his office. He said the visit was purely social to renew old acquaintanceship and declined comment on political matters or war debt revision though some still speculate on ties to his England trip. He spent the evening with his daughter and planned to visit his son graduating at Cambridge University.
MENTIONED IN THIS ARTICLE
London
Secretary of the Treasury
Andrew W. Mellon
MacDonald
Mellon
Ile
England
Mauretania
Southampton
America
Cambridge University
Jungle encounter winds up as tribal misread tale
A humorous Tit-Bits quip recalls a traveler who, while lost in a jungle, is spotted by a charging tribe. He freezes until they mistake him for a fellow tribesman, turning potential peril into a comic mix up.
Progress in Faithfull Case Seen as Ongoing Murder Probe
New York June 17 detectives press the Starr Faithfull death case as District Attorney Elvin N Edwards reiterates belief in murder. Nassau prosecutors say the bruised sober girl suggests murder. they deny a blank wall, claiming ongoing progress. A premonitory letter foreshadowing death is linked to Dr. G Jameson Carr sailing toward New York with the note about Starr.
MENTIONED IN THIS ARTICLE
New York
Starr Faithfull
Elvin N. Edwards
Nassau County
G. Jameson Carr
Franconia
Starr
Tennessee Pledges Enforcement Aid to Prohibition
Nashville, Tenn. June 17. The Tennessee senate urged strict enforcement of prohibition laws and pledged aid to federal and state authorities. The resolution honors the eighteenth amendment and notes the state and nation have benefited from its blessings.
MENTIONED IN THIS ARTICLE
Nashville
Tenn
Tennessee Senate
Divorce breaks into Baroda statute amid Maharajah push
Baroda June 17 A new Indian statute formalizes divorce for Hindus. Any married person may seek annulment if the spouse was deaf mute blind mad or suffering from disease or was converted to another faith or underage or tricked into marriage. Also grounds include missing seven years cruelty desertion drink drugs or opposite sex influence.
MENTIONED IN THIS ARTICLE
Baroda
India
Faekwar
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GES Oe
Averal
Onco
R.k.jetty
Standard Pacienee Co
Lstad. R.R
Atty
Cincinnati Produce
Toledo Grain
Chicago Grain
Baltimore Livestock
The
Bluefield, W. VA
Il Arep
BY Sidney Smith
Tom Carr
Benjamin Gump
MR. Gump
NIS Company
Pat
Whicke
N. Y. Stock Exchange
New York Stock Exchange
New York Curb Exchange
Richmond Stock Exchange
James BE. Mann
Jack R. Younger
Johns-Manville Eee Ee
McKeesport Tin
Palbinats
McKesson and Robbing
Mack Truck A
Sity Sig
American Smelting
Mathieson Alkali
American Steel Foundry
Mexican Seaboard Oil
American Tel
Tel
Miami Copper
American Tobacco
American Water Works
Missouri
Kamenas
Texas
Anaconda Copper
Eececcen
Montgomery Ward Eerry
Armour One Eewene
Nash Motore Ee Erry
National Biscuit
National Distillers
Bakdwin
National Power and Light
Nevada Consee
Sly Barnsdall A
Bendix Aviation
Best and Co
Awe
North American Aviation
Bethlehem Steel
North American Co
Woeneeense Wnn
Borden and Company
Otis Elevator 35 Ltd
Brooklyn-Union Gag
Pacific Gas and Electric Ween
Briggs Manufacturing
Pacific Lighting
Eae
Packard Motore Im
Calumet
Arizona
Paramount Publix
Pathe Exchange
Penney, J. C. Enn
Naswewane
Pennsylvania Railroad
Cpaasewasne
Colotex
Phillips Petroleum Od
Cerro de Pasco
Pillsbury Flour
Chesapeake Corporation
Prairie Pipe Line
Chesapeake and Ohio
Public Service of New Jersey
Chicago, Great Western
Quee Japananwe Echo
Aby
Mil
St. P
Pacific
R. I
Radio Corporation
Chrysler
Radio Keith Orpheum
Coca-Cola
Remington Ran
Commonwealth and Southern
Reo Motors
Fle Col. Gas and Electric
Republic Steel
Reynolds Tobacco
Royal Dutch
St. Joseph
Continental Baking
Meee
Seaboard Air Line
Continental Can
Continental Motors
Wosee
Delaware and Hudsonwoncnal
Southern Pacific
Drug Incorporated
Southern Railway
Sace
du Pont Wenane
Eastman Kodak
Standard Oil
Erie Eee
Ween Wees
Stewart Warner
Federal Water Service One
Stone and Webster-eee
Foster Wheeler -O
Studebaker Eee Enen Ewe
General Foods
Underwood Elliott
General Motors -—-Ean
Union Carbide
General Pub. Service
Gillette Safety
United Aircraft
Liddem Co
United Corporation
United Gas Improvement
Graham Paige i
U. S
Great Northern
Grigsby Grunow
Goodrich Aa
Gulf States Steel
Vanadium Steel Peete Ee Eee New
Hayes Body
Dint
Ad Cigaminictemacionmipens
Houdaille Hershey
Warner Pictures
Werren Bros Ee
Houston Oil
Scencen
Eecca
Hudson Motors
Western Maryland
Hupp Motorsee
Western Union
Westinghouse Airbrake Owee
Bus
Westinghouse Electric
Harvester
Nsesessesensensk
Willya-Overland
Nitkel
Sencsene
Woolworth On
Amd
Worthington Pump
Mowshecnr
Inland Steel
Yellow Truck
Pittsburgh Livestock
Chicago Livestock
NEW York Poultry
Wall Street Briefs
Associated Press
Faithfull Gaoe
Greenwich
Isaac T. Mann
James Ellwood Jones
O la Alexander
Arthur J. MacBride
Pocahontas Fuel Company
Broadway
Reg. U. 8
Pat Off
Pocahontas
Tidewater
Great Lakes
Hague
Atlantic Coast
Lambert's Point
Sewai'’s Point
Norfolk and
Newport News
Precien Pocay
Teds
New Bedford
Mass
Salem
Mystic Wharf
Boston
Portland
Sandusky
Brancil
Boston, Mass
Portland, Maine
Norfolk, Va
W. Va
Cinclnati
Moxby, Savon & Co, Ltd
Lime Street Square
Coal Trading Association
Brouertom
Prederick Gundersen
A_ 8S
Gergen
Cinto Basto & Co., Ltd
Lisbon
A. Hery Cor & Cleric Via Lomein
Genoa
Heys Arthir Frlldin
Drottninggatan
Stockholm
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