Wheat Weakness Accelerates Decline In Market
New York stocks fell as wheat weakness accelerated the late decline while volume stayed light at 789774 shares. Rail and utility shares led losses with Union Pacific down four points and American Telephone slipping three. Sentiment improved briefly on a stopgap pact in Lausanne but failed to spark broad buying.
MENTIONED IN THIS ARTICLE
New York
Auburn
Union Pacific
New York Central
Santa Fe
American Telephone
Consolidated Gas
U.S. Steel
American Can
Weatinghouse
Case
Amercan Tobacco
B” National Biscuit
Allied Chemical
Wall Street
Lausanne
London
Bond markets greet Lausanne talks with German issues rising
New York June 17 early Lausanne conference news pleased bond traders as German government issues led the session. Domestic loans drew little interest while utilities and industrials held steady and rail shares edged down slightly. Government bonds advanced modestly as prices remained largely steady. total sales reached 10.871 million with federal deals about a third.
MENTIONED IN THIS ARTICLE
New York
United States
Curb Market Reverses After Early Firmness on June Trading
New York curb market declined in late trading after a firmer start. Turnover reached about 100000 shares, with Bell Telephone of Canada sliding to 70, down nine points since its last trade. Commonwealth Edison and American Gas and Electric fell, Electric Bond shares down, while preferred issues dropped about one point.
MENTIONED IN THIS ARTICLE
New York
Bell Telephone of
Canada
Commonwealth Edison
American Gas and Electric
Stock Reductions At National Surety And Rail Payroll Changes
Stockholders of National Surety Corp approve a capital cut to 3,090,080 with par value 40 from 50. Pennsylvania Railroad trims salaries via broad payroll adjustments rather than blanket cuts. Directors of Oiletocke Ltd announce capital reduction by 5 million through retirement of shares.
MENTIONED IN THIS ARTICLE
New York
National Surety Couny
Pennsylvania Railroad Company
Geome
Oiletocke, Ltd
Hancock Investments en Servis closes with preferred prices
Hancock Investments reports 6 dollar preferred at market for Wiestric Power Company and 7 dollar preferred at market for Cities Service common. June 17 closes with 2 percent marker.
MENTIONED IN THIS ARTICLE
Hancock Investments En Servis
Ee Fan Wiestric Power Company
New York Exchange Quotation Newsroom Contact Details
The brief lists telephone 1800 Bluefield WV for NYSE quotations and names managers James Be. Mann and Jack R. Younger as assistants, with affiliations to the New York Cotton Exchange and Chicago Board of Trade among other exchanges.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
New York Cotton Exchange
New York Curb Exchange
Chicago Board of Trade
Richmond Stock Exchange
Banking sector activity and suspensions rise in market update
The American Banker notes several bank moves this week including a New York currency membership sold for 617 500. It reports 21 banks with 60 million in deposits closed this week and multiple suspensions across Illinois Newark and Spokane. Year to date suspensions reach 740 with 383 million in deposits. 136 banks have reopened.
MENTIONED IN THIS ARTICLE
Illinois
Chicago
Newark
Spokane
Foreign Exchange Rates and Cables Across Nations
New York June 17 foreign exchange figures list Great Britain at 3.61 for demand and 3.61 for cables with 60 day bills. France 3.93 demand and 3.931/16 cables. Italy 5.1044 demand and 5.11 cables. Various nations show nominal rates including Belgium 13.89, Germany 23.65, Norway 17.79, Sweden 18.59, Denmark 19.79, Switzerland 19.46, Spain 8.23, Portugal 3.36, Argentina 25.79, Brazil 7.59, Tokyo 30.44, Mexico City 26.55. (x) denotes nominal rate.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Reece
Poland
Czechoslovakia
Jugoslavia
Austria
Rumania
Argentine
Brazil
Tokyo
Shanghai Pathe Montreal
Mexico City
Call Money and Bankers Acceptances Steady in New York
Call money remains steady at 2 percent all day. Time loans show 60 to 90 days at 1 percent and four to six months at 1.42 percent. Commercial paper trades at 2 percent. Bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Flour steady in New York trade
In New York on June 11 the flour market shows steadiness with prices holding and demand staying firm across key futures and spot trades. Traders note limited supply and steady milling activity supporting steady quotes.
Cincinnati Produce Record Notes in June 1947
Cincinnati entries show 18 firsts and 13 seconds with several ungraded lots and extra classifications noted for June 1947. The report lists produce categories and tally details characteristic of mid-century market summaries.
MENTIONED IN THIS ARTICLE
Cincinnati
Pittsburgh Produce Prices Michigan June 17
Pittsburgh markets report from June 17 shows demand for apples cabbage spicna potatoes butter eggs poultry and live stock with steady to firm prices. Notable items include New York Baldwins 1.25 per basket Missouri and Ohio crate prices for cabbage and pork products and mixed freight quantities across several states.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S
New York
Baldwins
Tennessee
Missouri
Ohio
Spicna
Texas
Chicago Grain Market Slumps on Heavy Selling Pressure
Chicago on June 17 saw wheat deliveries collapse to the season’s low price amid heavy selling. Favorable domestic winter wheat weather and rains in ore crop territory, plus New York stock market declines, contributed to weaker prices and export effects.
MENTIONED IN THIS ARTICLE
Chicago
United States
New York
Treasury Receipts and Customs Totals Reported
Treasury figures show June 15 receipts of 8.905 million dollars for customs and 802.6389 million dollars in treasury receipts. Net balance and related totals are listed with figures for accretions and taxes, reflecting mid June financial activity.
MENTIONED IN THIS ARTICLE
Ashington
Government bonds figures listed in New York market
The New York bond market shows quotes for Liberty 3% 32-47 at 100.27 First 4% 32-47 at 101.18 Fourth 4% 33-38 at 108.12 Treasury 4% 47-52 at 104.23 Treasury 46 44-54 at 102.12 Treasury 3% 46-56 at 99.22 Treasury Hd 40-43 at 98.20
MENTIONED IN THIS ARTICLE
Standard Statistics Co. Iz RR
New York
United States
Liberty
Treasury
Coffee market report from New York on June 17
Coffee prices mixed with Santos contracts showing gains and declines on the Brazilian market. No. 7 contracts opened lower and closed mostly unchanged while Santos contracts rose in early trading and finished with mixed gains. Spot coffee remained quiet with Rio at 7.68 and Santos around 48.10.
MENTIONED IN THIS ARTICLE
New York
Ierest
Santos
Ntos
Ember
Rio
Sugar Prices Edge Up on Strong Refiners Inquiry
New York sugar markets firm as refiners show continued demand. Spot price rises 10 points to about 2.90 with around 63 700 tons sold. July to May futures advance 0.80 0.87 0.93 1.04 1.05, refiners lifting refined sugar by 10 to 20 points to 3.00 to 4.09 for fine granulated.
MENTIONED IN THIS ARTICLE
New York
Butter Prices Report From Chicago Market
Butter quotes from Chicago show weak to fresh tones with various scores and percentages. The report lists 93 score at 18K O 174 and 92 with 16 percent, along with 91 16 percent and 90 154 percent, plus 89 15 and 88 14 percent. Centralized denoted a 6 percent figure, with 89 and 164 and 88 16 percent appearing in the notes.
MENTIONED IN THIS ARTICLE
Chicago
Wheat Market Ends Weak As Corn And Oats Slip
Business in North American wheat showed fragility with prices near the day’s low. Wheat closed about 1 to 2 percent under yesterday’s finish while corn dipped around 1 to 2 percent, oats fell and provisions rose 8 to 7 cents.
Toledo Grain Rates Steady on Track for Wheat and Corn
Toledo grain prices quoted on a 28 8 rate basis with nominal values. Wheat No 2 red 44 44 percent, No 1 red 45 45 percent, Corn No 2 white 26 29 percent, No 3 white 20 21 percent, No 2 white 8 9 percent, lines show assorted grain grades and prices.
MENTIONED IN THIS ARTICLE
Toledo
Trade trends show slight downturn in engineering contracts
Construction awards for the period to June 13 lag seasonal norms. Engineering News-Record notes a four percent drop from May’s weekly average. Gas revenues for April reach 58.93 million while 1931 figures stood at 62.69 million. Iron ore usage and stocks across Lake Superior and Lake Erie docks show varied movement with steady ore on hand. Steel scrap markets remain weak with Chicago dealers lowering prices by 60 to 75 cents per ton, while Youngstown shipments improve.
MENTIONED IN THIS ARTICLE
Engineering News-Record
Lake Superior
Lake Erie
Chicago
Youngstown
Dry Goods Trade Quiet in New York Market
Cotton goods markets in New York remained quiet and barely steady as traders moved in domestic wide sheetings at the new lower price level. Activity showed limited interest and prices edged modestly.
MENTIONED IN THIS ARTICLE
New York
Aray
New York Poultry Market Report June 17
Dressed poultry steady with ducks and fresh birds barely steady. Broilers freight and express prices range 11 to 20 cents and other poultry like fowls and roosters show mixed gains or steady quotes. Market notes show variations in case quantities and dirties priced around 13 cents with percentages cited.
MENTIONED IN THIS ARTICLE
New York
Broilers
Baltimore Livestock Prices Report
Baltimore stockyard prices June 17 show cattle steady for steers and bulls, cows dull, with steers 75 dollars, bulls 3 to 4 dollars, cows 2.50 to 3.50, sheep and lambs steady with spring lambs up to 7.75, hogs mixed with lights around 4.00 and heavies 3.25 to 4.20, calves steady with good to choice 5.00 to 6.00.
MENTIONED IN THIS ARTICLE
Baltimore
Chicago Livestock Prices Steady to Higher as Week Closes
Chicago livestock markets June 17 report hogs steady to 10 higher with top at 4.00 and lighter weights around 3.25 to 3.65. Cattle and calves show general weekly strength with steers 700 to 1,300 pounds quoted around 6.75 to 8.09, heifers 5.75 to 5.85, cows 4.00 to 5.00, and bulls 3.00 to 4.50. Sheep and lambs mixed with lambs near 6.00 to 7.00 and other grades softer.
MENTIONED IN THIS ARTICLE
Chicago
U. S. Dept
Jersey City Livestock Market Report
Jersey City market notes cattle 1,280 head including 1,210 direct with steers 2.50 to 3.75, cows 2.50 to 4.00, vealers 2,270 with direct 2,070 and calves 3.00 to 7.50. Sheep and lambs 18,609 with lambs 7.50 to 8.00, petition 6.50 to 7.25, common 4.50 to 5. Logs direct 1,780. Market nominal.
MENTIONED IN THIS ARTICLE
Jersey City
N. J
Pittsburgh Livestock Prices Mixed by Weight Classes
Hoges report shows steady to high end prices across light to heavy hog categories. Cattle prices listed include steers heifers cows and bulls with ranges reflecting quality grades and weight brackets. calves vealers milk fed strong with good and choice noted.
Two Lawyers Appointed to Aid on Mayor Walker Case
Gov Roosevelt calls in Martin Goboy and John B Mack to aid in analyzing evidence on Mayor Walker. They will assist only with evidence and not decide removal, a decision reserved to the governor.
MENTIONED IN THIS ARTICLE
Franklin D. Roosevelt
New York
Martin Gonboy
Supreme Court
John B. Mack
Poughkeepsie
Walker
del Seabury
Market Report for Livestock Prices
The bulletin lists calf prices from 5.00 to 5.50 per unit with calves 250 to 500 pounds. Sheep and lamb prices show lambs at 6.16 to 7.50 for 90 pound to 110 pound ranges. Yearling wethers 91 to 110 pounds bring 4.00, while ewes 90 to 150 pounds range around 2.25 to 3.00.
Watt family visit ends in New York return
Mr and Mrs James Watt and Richard Watt of New York City returned home after a three day visit with Eugene Ilington and Mary Brodien of 118 Laweon Street.
MENTIONED IN THIS ARTICLE
James Watt
Richard Watt
New York City
New York
Eugene Ilington
Mary Brodien
Laweon Street
Balearic Isles Embrace English Plays via Palma Theatre Guild
Palma Mallorca, capital of the Balearic Islands, forms Palma Theater Guild to present English language plays. The group has staged The Dover Road by Milne with strong applause. Members include Marlyn Brown Elsa Bowen Dudley Dean and Morel esbit. president is Norman Jacobsen.
MENTIONED IN THIS ARTICLE
Palma
Mallorca
Balearic Islands
Palma Theater Guild
Dover Road
Milne
Palma Post
Ie Sun
Eng
New Guild
United States
Marlyn Brown
Theater Guild of New York
Elsa Bowen
Dudley Dean
Morelesbit
Guild
Norman Jacobsen
Armour and Company Plans Merging Major Fertilizer Firms
T G Lee president of Armour and company announced completion of plans to merge Armour Fertilizer Works and Virginia Carolina Chemical corporation. Assets will transfer to a new Virginia Carolina Chemical corporation with Charles G G Wilson of Richmond as chairman and John B H Sanford of Chicago as president.
MENTIONED IN THIS ARTICLE
New York
T. G. Lee
Armour and Company
Armour Fertilizer Works
Virginia- Carolina Chemical Corporation
Virginia-Carolina Chemical Coxposation
Charles G. G. Wilson
Richmond
Virginia-Carolina Chemical Company
John BH. Sanford
Cheago
Armour Fertilizer
Editors of State Gather at Logan
Logan West Virginia June 17 editors of the state and members of the West Virginia Newspaper council and their wives gathered in Logan for the sixth annual summer outing. The meeting continues tomorrow with limited formal sessions and a program focused on recreational activities including tours of coal mines. Local sponsors include the Logan Banner Logan Democrat Logan Coal Association American Legion and service clubs.
MENTIONED IN THIS ARTICLE
Logan
W. Va
West Virgina Newspaper Council
Logan Banner
Logan Democrat
Logan Coal Association
American Legion
Aim of De Valera in United Irish Republic
London reported that President De Valera seeks a united Irish republic recognized by the British crown in certain circumstances. J H Thames said De Valera envisions Ulster joining a republic with the king head of the Commonwealth, a plan Dublin said no British government would accept.
MENTIONED IN THIS ARTICLE
AIM OF
DE Valera
United Irish Republic
London
House of Commons
J. H. Thames
Injony
Dublin
Teomee
de Velera
Ulster
Thomas
Commensa
Eamon de Valera
Dail Today
Ireland
Board of Arbitration
Man Who Disarmed Troopers Captured in Ohio
The capture of Harry Joseph Pink, charged with robbing a Wheeling store and disarming two state troopers, was reported by Dayton officers who recognized him from WV state police broadcasts. He was arrested in Dayton and to be sent back to Wheeling, likely placed in the Ohio county jail tonight. The troopers, Sergeant W. C. Johnson and Trooper J. D. Hacker, had their guns taken and tires fired upon, and were dismissed.
MENTIONED IN THIS ARTICLE
Charleston
W. Va
Harry Joseph Pink
Wheeling
Dayton
Ohio
Fink
West Virginia
Ohio County
W. C. Johnson
J. D. Hacker
Rim Grove
Also Mentioned on This Page
Bluefield Daily Telegraph
Bluefield
Standa Statistics Co
Ind
Previova Ag
Delaware
Pendaon
Fox Vox
Vania
Eral Motors Liman
Republic
Oeage Reysnolds
Rhershey
Royal
St. Joseph
Judson Motors
Roebuck Shattuck
Central Ones & Simmons
Bus
Southern Railway Thernacifie
Lehem
Éivinator
Ennecott
Liggett and Myers
Texas Corp
Nel
Sage Ae
United Baron
Tall
I Ind
Pipe and Fay
Criti
Setae
Eeeer
Warner Pictures
Maryland
Continental Inewrance
Western Union
Continental Ot Nat, Distillers Eee
Lle
Westinghouse Airbrake
Eaeetee
Wat, Pow
Westinghouse
Curt Seer Y. Capital
Seeeeesens Va
Hi Woolworth Worthington
Curtiss- Wright
Wall Street Briefs
N. Y. Stock Exchange
Bryan, Kemp and Company
West Virginian Hotel
Bluefield, W. VA
James BE. Mann
Jack R, Younger
Cincinnati Produce
Maine
Green Mountains
Louisiana
North Carolina
Chicago Grain
Toledo Grain
The
Associated Press
Peni
American Gas Association
NEW York Poultry
Baltimore Livestock
Chicago Livestock
Jersey City Livestock
Pittsburgh Livestock
News OF the Colored People
Hill Side View
Balearic Isles
J. Alexander
Harry Bowen
James Ellwood Jones
H. R. Hawthorne
Arthur J. MacBrige
R. L. Wallace
Pocahontas Fuel Company Incorporated
One Broadway
Pocahontas
Tidewater
Great Lakes
Atlantic Coast
Lambert
Sewall
New Bedford
Mass
Gaiem
Mystic Wharf
Boston
Portland, Maine
Buties
Sandusky
New Bed
Norte, Va
Pace
Ghiees
Ali
Detroit, Mich
Ree Bavon & Trees Squere
Rotterdam
Woiends B Waren E
Pinto Basto & Cob & Clerici
Via Lomellini
Freckles
Elmer
Qur
Blosser
Wuaer
Oscak
Gateman
Wimout
BY Sidney Smith
MIDE
Nello
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