Rails and Industrials Top Market in Moderate Session
New York stock prices recovered with rails and industrials leading while public utilities faced profit taking. Adams Express rose 9 points as broad gains appeared in Atchison Union Pacific New York Central and several high priced names amid steady money rates and no change in rediscount policy.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Federal Reserve Bank
Bill
Government
Chicago Federal Reserve Bank
Commonwealth Power
Brooklyn Union Gas
Columbia Gas and Electric
J. P. Morgan and Company
Fleischmann
Royal
Atchison
Union Pacific
New York Central
Anaconda
Adams Express
Federal Mining
Allis Chalmers
Allied Chemical
Underwood Elliott Fisher
Childs Company
Mackay Company
Youngstown Sheet and Tube
Mexican Seaboard Common
Righte
Pan American BH
General Electric
United Air Transport Common
Preferred
Wright Aero
Bond market notes show mixed activity on rails and convertibles
In New York on June 21 bond dealers report most activity in convertible rail and telephone obligations. Prices for rails and utilities edged lower on speculative pressure while convertibles rose about 1 percent and government issues stayed weak. Industrials like American Beet Sugar 6s fell to a 1929 low as plant activity dwindled.
MENTIONED IN THIS ARTICLE
New York
Baltimore
Ohio
Liberty Stat 168 Bond Quote In New York Market
Government bonds report from New York on June 21 shows Liberty Stat 168 and Treasury 3% notes with quoted price around 98.26. Official figures list Firat 445 and related yields.
MENTIONED IN THIS ARTICLE
New York
Liberty
Firat
Treasury
New York money rates steady on bankers accepts and bills
New York June 21 money market update shows 4 percent call money all day at 7 percent. Time deposits at 30 days 8 percent 60 to 90 days 7 percent and 4 to 6 months 7 percent. Prime commercial paper at 6 percent and bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Foreign exchange rates and shorthand quotations listed
The daily market shows irregular quotations across several nations with figures for demand, cables and 60 day bills. Currencies include Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czecho Slovakia Yugoslavia Austria Romania Argentina Brazil Tokyo Shanghai Montreal and others with varied percentages and cents.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho- Slovakia
Jugo-Slavia
Austria
Rumania
Argentine
Brazil
Tokyo
Shanghai
Montreal
Rail and Insurance News From Wall Street Briefs
The Nickel Plate railroad May net income is 84358 dollars compared to 798162 dollars for May 1928. Continental Insurance and Fidelity Phenix Insurance stockholders approve a 5 million dollar increase in authorized capital. Part of new shares will acquire Fidelity and Casualty of New York Niagara Fire and Maryland Insurance companies.
MENTIONED IN THIS ARTICLE
New York
New York, Chicago and St. Louis
Continental Insurance Company
Fidelity-Phenix Insurance Company
Fidelity and Casualty Company of New York
Niagara Fire Insurance Company
Maryland Insurance Company
Raw Sugar Market Quiet as Prices Hold Steady
New York on June 21 reports a quiet raw sugar market with prices unchanged at 3.52 for spots. July futures show modest gains while July to later positions trade mixed, with approximate sales around 44 750 tons and key futures at 1 75 to 2 08. Refiners see improved withdrawal demand but light new business, with resale prices from 180 to 482 percent and refinery quotes at 4 85.
MENTIONED IN THIS ARTICLE
New York
New York Poultry Prices Update
4 Dressed poultry irregular in New York on June 21 with fresh 249 percent by 25 27 for fowls turkeys express 25 opens. Receipts total 28 998. All grades unchanged.
MENTIONED IN THIS ARTICLE
New York
Hancock Investments and West Virginia Coal Firms Listing
A fragmented financial page lists Hancock Investments of Bluefield WV and First National Bank Building notes alongside several Pennsylvania and West Virginia energy and lumber interests. Entries include Ark Natural Gas At Market Blackwood Lumber Puritan Coal and Sterling Howe Co with various quoted prices and a note that the City Service and associated commissions closed on a date referenced as 2th.
MENTIONED IN THIS ARTICLE
Bad American Cos
Blackwood Lumber Co
Ties O
Peerahontas
Red Ash Coal CO
Puritan Coal
Sterling Howe
W. Va Armat Co
Sm. Ritter
Cithes
Cominicon
Butter Prices Steady Amid Mixed Markets in Chicago
Butter markets in Chicago show a mix of scores with many around the low to mid 90s and crush percentages near 42 percent. The daily rundown lists scores from 93 down to 87 with varying percentages, indicating a generally stable yet fluctuating market.
MENTIONED IN THIS ARTICLE
Chicago
Cotton and goods markets steady amid light demand
New York and Bluefield markets show firm prices with scarce spot goods in tropical worsted suitings. Print cloths and silk prints remain steady as buyers tread cautiously. silk reports quiet with unchanged burlap prices and futures markets unchanged.
MENTIONED IN THIS ARTICLE
New York
Jane
Calcutta
Wheat Exports Buy 2,000,000 Bushels From North America
Export buyers purchased about 2 million bushels of North American wheat at the Gulf of Mexico for Chicago delivery. Most shipments came from Canada with some domestic wheat included. Wheat quotations were irregular with changes from lower to higher, while corn fell modestly and oats rose slightly and provisions were steady to up by 10 cents.
MENTIONED IN THIS ARTICLE
Canada
Gulf of Mexico
Chicago
Baltimore Livestock Prices Report
Baltimore market receipts 250 cattle and 400 hogs with price ranges across grades. Steers and heifers show strong upper ends near 15.50 for top cuts and declines to 12.00 for medium grades. Sheep, lambs, calves and pigs list varying values reflecting quality and demand.
Produce market report from Pittsburgh in June
U S Department of Agriculture note shows moderate demand for produce in Pittsburgh on June 21. Cabbage steady with 153 cars, best crates at 2.00. onions 27 cars steady with yellow crates 2.90 and white crates 2.25 to 2.60. Potatoes 61 cars with old stock weaker, Michigan No 1 rurales 1.50 to 1.60, new stock stronger. North Carolina and Virginia No 1 cobblers priced 3.25 to 4.25 per 160 pounds and barrel stock respectively.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S. Dept. Agriculture
Ohio
Texas
California
Michigan
Virginia
Grain quotations from Toledo market report dated June 21
Wheat No 2 red 1.23 1.24, corn No 2 yellow 97 4 98 percent, oats No 2 white 56 61, barley No 2 20 63, rye No 2 1.05, others unchanged in Toledo market summary.
MENTIONED IN THIS ARTICLE
Toledo
Wheat dips after crop damage doubts amid Chicago sell off
In Chicago on June 21, traders pressed to take profits as crop damage fears from the southwest were questioned, curbing fresh advances that had previously driven gains in the wheat market.
MENTIONED IN THIS ARTICLE
Chicago
Southwest
Chicago Market Hogs Steady. Cattle Prices Mixed in Slow Trade
Chicago sales show hogs around steady with loads 160 to 240 pounds and sows 9.25 to 11.10. Cattle receipts about 2,000 with uneven demand across killing classes. best steers scarce, finishing stock firmer but overall dull, vealers and cows mixed with cutters in low ranges. Sheep and lambs under light demand. lambs steady to higher, top quotes near 14.75 for light lambs, feeders improving slightly.
MENTIONED IN THIS ARTICLE
Chicago
Dept. of Agriculture
Pittsburgh Livestock Hogs and Cattle Prices Reported
Hogs receipts 1,800 with 200 holdovers, prices steady to down at Pittsburgh market. Butchers heavies 10.75 to 11.50, mediums 11.75 to 11.70, lights 11.56 to 11.70, light lights 11.00 to 11.70, pigs 10.76 to 11.25, packing sows 9.00 to 9.50. Cattle receipts none, steers heavies good 14.00 to 14.75, weight 950 to 1,100 pounds.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S. Dept. Agriculture
Bluefield VA Notes Local Development and Heat Wave Travel
Bluefield sees new loan company offices and a barber shop on College Avenue with vacant spaces filled. Tourists crowd the area amid heat, enjoying cool evenings as narcissus and dahlia bloom at a local garden. Robberies reported in Clear Fork include the T. L. Shufflebarger and Stowers stores broken into for merchandise. Reverend Herbert H. Young presides at Tazewell church with prayers and sermon at 7 30 PM.
MENTIONED IN THIS ARTICLE
College Avenue
Virginia
Tazewell Avenues
Loan Company
Mountaine
Bluefield
Tourieta
Ohio Valley
Clear Fork
T. L. Shufflebarger
Stowers
Market Summary for Livestock and Meat Receipts
Receipts and price ranges across cattle calves sheep and hogs with steady demand. Vealers and milk fed stock show gains in mid teens, cows and bulls mixed, sheep trims steady with aged or culled categories varying.
Virginia Side Personal Notes and Visits
Mrs. H. A. Radford and children return to War Eagle West Virginia after visiting daughter Mrs. R. M. Grubb of West Graham. Mrs. French Haiger and two children also return to War Eagle after visiting sister Mrs. R. M. Grubb. Miss Mary Lee Baldwin left for New York City for a two week stay. Mrs. Sid Purcell of Wilder visited Miss Temple Osborne. Miss Crocker from Atlanta toured and praised our cool evenings. Miss Sally Leedy returns home from Mullens after a visit with her father.
MENTIONED IN THIS ARTICLE
H. A. Radford
War Eagle
W. Va
R. M. Grubb
West Graham
French Haiger
Mary Lee Baldwin
New York City
Sid Purcell
Wilder
Temple Osborne
Purcell
Mary Mowbry
Frank St. Clair
Grace Crocker
Atlanta
South
Sally Leedy
Mullens
True Delight Circle No. 649 Meeting Called
A called meeting of True Delight Circle No. 649 is set for this afternoon at 4 o clock at Mrs. Cecil Richards home, 222 Elle street. Important business will be transacted.
MENTIONED IN THIS ARTICLE
True Delight Circle
Cecil Richards
Elle Street
Paul Warns Philippians to Work Out Salvation
A sermon from PMASUEL BAPTIST CHURCH on Wilson street urges Christians to avoid domination by stronger personalities. Paul’s warning to the Philippians emphasizes self reliance and to work out their own salvation not only in presence but also in absence.
MENTIONED IN THIS ARTICLE
Pmasuel Baptist Church
Wilson Street
Paul
Philipp
Church Services and Union Meeting Notice
Sunday school at 9 30 with Mrs M B Woods superintendent and sermon at 11 The Church at Philippi B Y P U at 6 30 and sermon at 7 45 The Home of the Soul music by Andersons orchestra and junior choir all welcome W R Frye pastor Second Christian Church Reese and Marshall streets 8 o'clock morning worship 11 50 Sunday school 8 o'clock evening worship Dont forget the union meeting and basket dinner at Tip Top Sunday June 30 two sermons at 11 and 3 Everybody welcome
MENTIONED IN THIS ARTICLE
M. B Woods
Philippi
Anderson
W. R. Frye
Second Christian
Reese and
Marshall Streets
H. Smith
Tip Top
Old Christian Church
Everbody
York Rite Masons and Heroines of Jericho Annual Sermon
Members meet at the Masonic hall on Jones street Sunday at 2 30 and proceed to Mt Zion church for the annual sermon by Rev L Dabney. A Monday banquet at the Masonic hall follows. Public invited and basket meeting planned at Tip Top Methodist church on Mudfork. A platinum wire with diameter one thirty thousandth inch noted.
MENTIONED IN THIS ARTICLE
York Rite Masons and Heroines of
Jericho
Masonic Hall
Jones Street
Mt. Zion Church
L. Dabney
Mudfork
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