Markets Rally In Final Hour Despite Heavy Losses
Stocks and commodities tumbled to new lows for the year in a broad selloff on June 18 in New York trading. The 90 leading shares index hit new lows as 6.43 million shares changed hands, with U.S. Steel, American Telephone, and General Motors among notable fallers, while a late rally trimmed some losses. Bond prices fell as fixed income markets reflected selling pressure and weak demand.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Chicago
Iron Age
U. S. Steel
American Telephone
American Can
Consolidated Gas
General Motors
Radio
Standard Oil of
New Jersey
Can
Allied Chemical
Case
American Machine and Foundry
Eastman Kodak
Worthington Pump
American Tobacco
Houston Oil
Diamond Match
Western Union
Westinghouse
St. Paul
Rock Taland
Atchison
Baltimore
Exchange rates in New York sums up world currencies
Foreign exchange figures show Britain at 4.8550 dollars with 60 day bank bills at 4.8203. France quotes 3.925/16 and 3.927/16 for cables. Italy notes 6.23 percent and 5.23 for cables, with various country demands listed from Belgium to Shanghai and Tokyo to Montreal, reflecting broad currency values.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Rumania
Argentine
Braz'l
Tokyo
Shanghai
Montreal
New York Money Markets Report June 18
Call money steady at 2 percent all day. Time loans steady with 30 days 2 percent 60 days 2 3 and 90 days 3 percent. Five months 2 1 4 38 percent. Prime commercial paper unchanged. Bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Market Briefs From Pittsburgh and New York June Prices
Pittsburgh reports slow demand for produce with weak cartons across apples and cabbages and multiple carloads of onions and potatoes at varied price ranges. New York raw sugar futures hit record lows with July at 1.27 and a broad decline across contracts amid increased availability, followed by a note of weak flour demand.
MENTIONED IN THIS ARTICLE
New York
Live Market Summary From Pittsburgh June Hogs and Cattle Prices
Hogs reported slow, down 25 to 40 cents from Monday with varied grades. Cattle weak to lower with steers 11.00 to 11.50, heifers 9.00 to 10.40, cows 5.50 to 8.00, calves down, and sheep and lambs around steady to lower in price.
MENTIONED IN THIS ARTICLE
Pittsburgh
Chicago
Hoge
Ateady
Chicago Livestock Prices and Market Activity Report
The Chicago market shows mixed movement with hogs and cattle unevenly active. Prices for hogs range around 9.0 to 12.5 per hundredweight, while cattle and calves display broad spreads across classes from low cutters to high choice, reflecting oversupply and varied demand in the mid June trading.
Midland company president forms new entity
Edward R. Berry, president of the Midland Natural Gas Company, announced formation of a new entity in New York on June 18. Details remain scarce as the press noted upcoming disclosures and potential impacts on gas supplies and regional markets.
MENTIONED IN THIS ARTICLE
New York
Edward R. Berry
O Natural Gas Company
the Midlands
Hancock Investments and Bluefield Coal and Gas Interests
A scanned financial listing shows Hancock Investments of Bluefield West Virginia tied to First National Bank Building and varied industrial interests including Tug River Lumber and Appalachian Electric Power. It notes dealings with Cities Service and Illumination Company of "A" in Indian Territory and closes several figures such as 75.00 and 120.00 with market values around 50.00.
MENTIONED IN THIS ARTICLE
Bluefield Industrial Bulldas Co .Ark
Cities Serv
Gitles Serv
Indian Territory Iluminating
Ssee Majestic Collieries Co
Tug River Lumber Co
Appalachian Electric Power
Indian Territory
Esees
Poultry Prices Reported for New York Market
New York quote shows dressed poultry at 4 percent, ducks at 18 19 per unit, live fowls irregular and by freight or express with 21 24 and 20 24 ranges. Keys 38.807 steady to firm with mixed colors and carefully packed extra firsts at 24 44 26 and firsts at 23 1/2 to 24. Other grades unchanged.
MENTIONED IN THIS ARTICLE
New York
Express
Market prices for grains and seeds in Toledo
Wheat No 2 red is quoted at 4' per bushel in Toledo while corn No 3 yellow brings 614 PRI. Oats No 2 white stands at 414 with 49 percent, and clover seed cash domestic new at 12.10.
MENTIONED IN THIS ARTICLE
Toledo
Grain Prices Fall as Market Values Plunge in Chicago
Chicago grain prices hit new lows today amid a broad stock market rout. Wheat dropped 44.4 cents per bushel before partially recovering on reports of a dubious Canadian crop outlook. Corn slipped 1 to 2 cents, oats down 4 to 5 cents, and provisions fell up to 2.50.
MENTIONED IN THIS ARTICLE
Chicago
Alexander Legge
Federal Farm Board
Local Church Revivals and Choir Meeting Notices
Community notices list revival services at Blake Chapel A M E Zion and East Bluefield Christian Church led by Rev. A. L. Love and Rev. G M Dickerson with choir participation. Junior choir of Scott Street Baptist to meet at 6 pm. Ladies Aid meeting moved to 313 Vine Street hosted by Mrs Cora Woods. Rev J A Walker in charge.
MENTIONED IN THIS ARTICLE
Scott Street Baptist Church
Jane Mathey
G. M. Dickerson
Tazewell
East Bluefield
Christian Church
M. C. Chambers
Rev. Love
Henrietta Brown
J. S. Hairston
A. L. Love
J. A. Walker
Ladies’ Aid Society
John Stewart M. BE
Cora Woods
Vine Street
New York Cotton Goods Market Report June 18
In New York on June 18 the cotton goods market showed quiet prices in gray goods with more activity in wash fabrics for prompt delivery. Woven shirtings sold more freely than a year ago, while raw silk firmed slightly and silk g emes moved moderately. Women's wear improved in the worsted division as bur laps stayed quiet.
MENTIONED IN THIS ARTICLE
New York
Wash Fabrica
Local Notices and Community News Briefs
The article lists household and civic notes including Mrs Williams on Carter street and a presidential call for all members to attend meeting. It mentions reporter Mrs R Phillips and Bland Street resident Mrs D C Johnson returning from New Jersey with daughter in attendance. Harry J Capehart U S attorney attended federal court business in Bluefield. Reba and Edna Johnson return home for vacation from Petersburg Virginia.
MENTIONED IN THIS ARTICLE
Williams
Carter Street
R. Phillips
Final Baltimore census figure set at 795 007
Baltimore census supervisor F T Dorton announced the final 1930 population for the city as 795 007, an increase of 61 181 since 1920, after a recheck completed with clerks from the census bureau.
MENTIONED IN THIS ARTICLE
Baltimore
F. T. Dorton
Washington
Census Bureau
Dorton
Board of Governors Meeting Set for July 1
Morgantown June 18 The annual meeting of the West Virginia University board of governors will be held here July 1 G Neff Jr secretary announces the agenda includes appointment of department heads in arts and sciences and the budget for the coming fiscal year
MENTIONED IN THIS ARTICLE
Morgantown
Board of Governors
West Virginia University
G. Neff, Jr
Also Mentioned on This Page
Standard Statistics Co
Ind
R.R
Util
Ohio
Dodge Brothers
General Theaters
American International
Seaboard
Canadian Pacific Ba
Chicago & Eastern Illinoia
Brie
Ontario & Western
International Hydro-electric
Chile Copper
Fish Rubber Squadson Coal
National Dairy
Pure Oil
Texas Corporation Sc
Pennsylvania
West Virginia
American Linseed Company
American Agricultural Chemical Company
Cities Service Company
Andes
Uae
Atlantic Refining
Auburn Auto
Chicago Northwestern Eee
Dupont
OM Hudson Motor
Saveewengere
O and G
Nikeeneeenee
Telancitewee Aewneee
Johna-Manville
Eebeene
Kelly Spr
Kennecott Seweeenerane B
Bile Liggett and Myers
Eserves Eeseeeereres
Missouri Pacific
Ccoerevsaveres
Seeesesvenevere
Owens Bottle
Packard
Southern Pacific
Southern Railway
Texas Corp
US Steel
Wabasseer
Warn Pro Asvoveseset Ween
Maryland
Weneeee Westinghouse Airbrakeeee
Westinghouse Electric
Willys Overland
Seeceers
Cesar
Yewe
Ese
Woolworth Sete Eeenneee
Aosoun
Leaae J. Mann
James Howard Jones
Kgt
Mar. L. Alexander
L McBride
R. L. Wallace
R Hawthorne
Pocahontas Fuel Company Incorporated
Pocahontas
Tidewater
Great Lakes
United States
Seattle
Ra P. We
Vota
Therma Bole O
Pocahontae Fuel Company, Incorporated
Virginia
Cmi
Bituminous Com
Broadway
NEW
Norfolk
Main St
Bosston
Mass
Board of All
Mincinnati
Traction
Portland
Pocahontas Wharf
Koot Moulton & Bluefiebid
New Bedford
Hillman Street
Atlantic Coast
Weill's
Sandusky
Moxy, Savon & Co. Ltd
Jame Street Square
London
E. C
England
Indy
Hinry Coe & Clerc
Plaast
Matteo
Geneva
Pocahontas Fuel Co., Inc
No. 1
Watkins
Scott
Lieber's
Liberty
Treasury
Maine
Green Mountains
North Carolina
Pittsburgh Livestock
Chicago Livestock
Wall Street Briefs
Boots
BY Martin
Sone
Romesick
Kou
Chicago Grain
News OF the Colored People
ANDO
Vey Seeve
Pepenas
First National Bank
Bluefield
W.va
Workmen’s
M. W. Reynolds
L. & C. Bldg
W. Va
Scooge
Sidney Smit
MR. Scooge
Bim
Simon Scooge
Henrietta
Carlos
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