Markets Rally On Hoover Plan Across Global Exchanges
New York June 22 markets rallied on Hoover's plan to moratorium reparations and war debts. Cotton led gains 3.35 to 3.55 per bale, wheat up 2 cents, corn up about half as much. Stocks opened strong with 1,000,000 shares traded in early minutes, then profit taking near close but overall gains held. Major movers included American Telephone, A S Steel, American Can, Bethlehem Steel, Westinghouse, General Motors, Radio, and Union Pacific.
MENTIONED IN THIS ARTICLE
New York
Hoover
Germany
Europe
Shorts
American Telephone
A. S. Steel
American Can
Bethlehem
Westinghouse
General Motors
Radio
General Electric
New Haven
Union Pacific
Auburn
du Pont
Case
Bond market gains across issues with foreign bonds leading
The bond market rose across most issues in active trading the strongest since June 2. Foreign bonds posted the widest gains with broad advance, while U.S. government obligations fell though activity stayed moderate. Domestic corporate loans also advanced though not as dramatically as foreign bonds.
MENTIONED IN THIS ARTICLE
New York
United States
Hancock Investments Service Closure Notice
Bluefield West Virginia in the Firet National Bank Building shows C B Hancock Investments closing service for Bil Mullens Grocery Co. with 170.00 Federal Trust shares and a 13 percent rate. The Indian Territory service closed June 22 with a 10 percent market rate.
MENTIONED IN THIS ARTICLE
C. B. Hancock Investments
Bluefield
West Virginia
Firet National Bank
Bil Mullens Grocery Co
Fustinental Trust
Ogeceere Citien
Indian Territory
Government bonds close amid thin New York trading
United States government bonds ended firm in New York with Treasury 3% and 4% issues quoted around 102 to 113, and various issues shown in the 102 to 106 range. Investors balanced demand with caution as prices fluctuated modestly across issues.
MENTIONED IN THIS ARTICLE
New York
United
Rémoury
Lecce
Liberty Bigs Chbubboot
Puls
BAS
Wacossecae Corcucun
Pourra
Treasury
Tyoreesy
Call Money Rates and Money Market Quotes
Call money steady at 1 percent with all-day stability. Time loans show 60 to 90 days at 14 percent, 4 months at 14 1 percent, 5 to 6 months at 14 percent. Prime commercial paper notes 2 2 percent. bankers' acceptances unchanged with 30 days at 14 percent and 60 to 90 days at 1 percent.
MENTIONED IN THIS ARTICLE
New York
Bankera Eee
Treasury receipts and expenditures report June 19
Treasury receipts for June 19 totaled 45,124,372.87 with expenditures of 18,144,124.40 leaving a balance of 501,186.16. Customs receipts for the month to June 19 reached 18,218,494.59.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Foreign exchange rates compiled for many nations
New York June 22 report lists demand and cable rates for major currencies. Details include Great Britain at 4.86 percent and 4.86 percent cables, France 3.91 percent, Italy 6.25 percent, and other currencies such as Belgium 13.91 percent and Germany 23.73 percent. Gold peso in Mexico City quoted at 49.10.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Grece
Poland
Jugoslavia
Czechoslovakia
Austria
Rumania
Argentine
Brazil
Tokyo
Shanghai
Montreal
Mexico City
Cotton goods market shows brisk sales in New York
Dry goods report from New York on June 22 notes active cotton goods with print cloth sales surpassing 250000 pieces. Rayon high lustre yarns for velvets are scarce while silk goods are quickly selling off from spring lines. Burlaps remain steady but quiet.
MENTIONED IN THIS ARTICLE
New York
Butter Prices Rise on Light Offerings and Demand
Butter prices in Chicago on June 22 advanced about 44 cents as light offerings and improved buying interest supported a broad run. Fresh 93 score rose to 22 percent, with various grades from 92 to 87 scoring around 18 to 19 percent, while centralized carrots at 90 score traded around 22 percent and $9.
MENTIONED IN THIS ARTICLE
Chicago
Sugar futures rise while spot Engar holds steady in New York
In New York on June 22 raw sugar remained steady at 3.35 per spot duty paid. Futures climbed with net gains of 3 to 4 points. Around 38,550 tons sold including transfers from near to distant positions. Prices closed for July 1.24, September 1.31, December 1.40, January 1.42, March 1.48, May 1.53. Refined sugar unchanged at 4.55 for fine granulated.
MENTIONED IN THIS ARTICLE
New York
Rawengar
Pittsburgh Produce Market Report Signals Moderate Demand
June 22 Pittsburgh produce listings show steady apples onions potatoes and cabbage across multiple regions. Prices vary by grade and origin including North Carolina Virginia Louisiana and Arkansas for barrels and sacks with butter eggs and poultry also cited in nearby tub and standard pack ranges.
MENTIONED IN THIS ARTICLE
Pittsburgh
Alabama
Georgia
Ohio
Marietta
Tennessee
Texas
North Carolina
Virginia
Louisiana
Arkansas
Bliss
Maine
Green Mountains
Hennery
Freeh
Baltimore Livestock Cattle Receipts Report Prices
Baltimore, June 22 cattle market receipts 800. Steers good to choice 7.25 to 8.00, medium to good 6.50 to 7.25, fair to medium 4.50 to 5.25. Bulls 4.00 to 5.00, cows good to choice 4.50 to 5.00, medium to good 4.00 to 4.50, plain to fair 2.60 to 3.50.
MENTIONED IN THIS ARTICLE
Baltimore
York Carbine Listed on New York Stock Exchange Quotations
The York Carbine listing appears among New York Stock Exchange quotations with James & Mann as managers and Jack R. Younger as assistant manager, indicating a formal exchange entry for the security.
MENTIONED IN THIS ARTICLE
York Stock Exchange
York Carbine
Cmond Stock Exchange
Market Report of Livestock and Hogs Prices
The report lists cattle categories with price ranges from common to plain and fair to medium, noting values for cattle, fresh cows, and springers. Sheep and lamb receipts are cited with price bands for common to medium and good lambs, while hogs show varied bids from light to heavy and midsized pigs.
General Cable Advances Bare Copper Wire Price
New York reports General Cable corporation has raised the price of bare copper wire by a quarter of a cent per pound to 10 cents in carload lots.
MENTIONED IN THIS ARTICLE
New York
General Cable Corporation
Pittsburgh Livestock Prices Steady to Higher Across Species
livestock markets report from Pittsburgh on June 22 shows hogs and sows firm to strong, cattle and calves mixed with steady to lower trends. Steers 900-1300 lb generally 7.00 to 8.25, cows 3.75 to 5.50, vealers 6.50 to 8.50, lambs weak to late bids, overall slow to steady activity across categories.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S, Dept
Wheat Market Wavers on Farm Board Policy
Chicago reports that speculation on government wheat disposal influenced prices, but Washington stated no policy change and Chairman Stone was not summoned. Wheat closed irregular with small losses and gains, corn and oats up modestly, provisions rising slightly.
MENTIONED IN THIS ARTICLE
Chicago
United States
Washington
Farm Board
Stone
Grain and feed price listings from Toledo market
Toledo grain prices show No 2 and No 3 yellow corn at 58 to 59 with futures 90. Data no 2 white 28 to 29. no 3 white 27 to 28. Clover and alfalfa prices listed for cash, October, and December delivery, with domestic values around 13.50 to 14.00.
MENTIONED IN THIS ARTICLE
Toledo
New York Poultry and Eggs Prices Report
New York market data shows dressed poultry steady with chickens, fowls, turkeys, and ducks listed with price ranges. Eggs priced at 21 271 per dozen with mixed colors and regional varieties including Pacific coast whites and browns. variances for extra, first, and medium quality seen across categories.
MENTIONED IN THIS ARTICLE
New York
Express
Pacific Coast
Shell
Chicago Livestock Market Report Summary
Chicago livestock figures show mixed dairy and meat prices with cattle and calves steady to lower, hogs higher than Saturday with top around 7.60 per cwt, and sheep active with lambs and ewes trading across a wide range. Slaughter cows, bulls, and vealers vary by weight, while feeding demand persists for medium and heavy beef cattle.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Idaho
Trade Trends Copper Zinc Lumber Outlook Amid Demand Shift
Copper demand rose on Europe outlook and Hoover debt plan, with no copper available at 8 cents late in the day. Lumber orders for the week ended June 18 ran about 7 percent under production per 756 mills surveyed by the National Lumber Manufacturers Association. Zinc buying remained quiet with prime western at 3.85 cents per pound.
MENTIONED IN THIS ARTICLE
Associated Press
Europe
Hoover
Mille
National Lumber Manufacturers’ Association
Prime Western
St. Louis
Wall Street Briefs Report Boo System Income Drop
New York June 22 4 May net operating income of the Boo system totaled 8 954 dollars, showing a sharp decline from previous figures.
MENTIONED IN THIS ARTICLE
New York
Australian pilot aims for London to Australia speed record
J A Mollion, a 26 year old Australian air mail pilot, plans a record flight from London to Australia after flying 3600 hours in the country without mishap. He expects an 18 hour daily schedule over seven days to complete the journey.
MENTIONED IN THIS ARTICLE
J. A
Executives Named in Blaw-Knox and Related Firms
Blaw-Knox announces Roger W. Andrews as vice president and director of Blaw-Knox International. Fred Moffatt elected president of New York Clearing Corp with David A. Page as vice president. Designe Protection Association formed to curb textile design copying. Lester A. Blackford elected treasurer of American Car and Foundry succeeding the late Stanley Mallette.
MENTIONED IN THIS ARTICLE
Blaw-Knox Company
Roger W. Andrews
Blaw-Kox International Corporation
Fred ©. Moffatt
New York Curb Exchange Clearing Corporation
David A. Page
Designe Protection Association, Inc
Lester A. Blackford
American Car and Foundry Company
St. Louis
Stanley Andrew Mallette
Utilities Lead Rally On New York Card Market
The New York curb market rose as confidence grew on weekend foreign affairs developments. Turnover reached 800000 shares with utilities driving gains. Electric Bond & Share rose to 4 percent and closed at 41, American Gas & Electric up overall, and Aluminum of America jumped to 138 with an 8 point final gain. Oils lagged but performed better than Saturday, with Imperial of Canada Gulf, Humble and Cities Service posting modest advances while Vacuum finished slightly higher.
MENTIONED IN THIS ARTICLE
New York
American Gas & Electric
American Light & Traction
Public Utility Holding
Aluminum
Dave Pritchard Moves to Pittsburgh Post
Dave J. Pritchard a well known Bluefielder now a railway mail clerk between Bluefield and Columbus will leave Friday for Pittsburgh Pa where he has a clerical position in the railway mail terminal there. He plans to move his family to Pittsburgh and was a Bluefield post office clerk for five years before entering the railway mail service about two years ago.
MENTIONED IN THIS ARTICLE
Dave J. Pritchard
Vatican Reply Claims Fascists Distort Truth
Osservatore Romano declares that Lavoro Fascista distorted the truth and twisted phrases in alleging anti Fascist sentiment within Catholic Action. The paper denies the 100 percent accuracy of fascist charges reported from the government broadcast and cites press accounts for its stance.
MENTIONED IN THIS ARTICLE
Vatican City
Osservatore Romano
Lavoro Fscista
Osservetore Romano
Presse
Lavoro Fascista
Also Mentioned on This Page
Bluefield Daily Telegraph
Ewefield
W. Va
Standard Statistics Co
Osene
Standard Statistica Co
Ind
R.R
Atty
Baltimore Livestock
N. Y. Stock Exchange
Dlugfield, W. VA
New York Cotton Exchange
Chicago Board of Trade
Jack R. Younger
Adams Express Eeeeneus
Alleghany Corpn
Allied Chemical
Allis Chalmers
Bendix Aviation
Best and Co
Borden and Co
Brooklyn-Union Gas
Briggs Mfg
Arizona
Canada
Chesapeake Coron
Chesa
Chicago Great Western
Mil
St. P
Pac
Chicago Northwestern
R. I
Chrysler Eee Economees
Commonwealth and South
Continental Insurance
Continental Motors
Crucible
Curtis-Wright —Eeeeens
Curtis-Wright A
Davison Chemical
Delaware and Hudson
Drug Inc. Ween Nee
du Pontee Od
Fastman Kodak
Eenen
Federal Water Service
Foster Wheeler
Eee Weee
Fox Film A
Freeport Texan
General Amer
Eenewne
General Asphalt
General Foods
General Motors Leew Ewe
General Pub. Service
Eee
Enn
General Ry. Signal
Ewe
Enn Eee
Gillette Safety Ewe Wenn
Glidden Co
Graham Paige Kees
Granby
Seeweene
Great Northern
Grigeby Grunow Et
Goodrich Ome
Owen Stew En Soesen Ews
Goodyear Tire
Moroney
Houdaille Hershey
Houston Oil Awe
Hudson Motors
Hupp Motors
Iilino
Bus
Combustion Mae
Harvester
Johns Manville
Kansas City
Highlow
Kelvinator
Kennecott
Krueger
Kroger Groe
ON Lambert Co
Wo Lebo and Vink
Liggett and Myers B
Lowe's Ins
Lorillard Tob
Louissville
Nash
Ludlum Steel
McKeesport Tin Sseussewn Eee
McKesson and Robbins — S
Mack Truck
Mathieson
Miami
Missouri
Eeeentos
Nevada
N. Y. Central
Norfolk and Western
North Amer
S's
North American Co
Eeeeneee
Oas Elev Ee Ee
Siu
Gas and Elec
Wwnn
Lighting
Ee Ey
Packard Motors Ae Ee Wwewn We
Paramount Publix Maw
Pathe Exchange
Phillips Pet
Pillsbury
Prairie Pipe
Proctor and Gamble
Public Service N. J
Pullman A
Nconnncumenssemsnen
Keith Orpheum One
Serene Enen
Remington Rand Ae
Olace
Republic Steel A Ee
Reynolds Metals
Reynolds Tob
Royal Dutch Ene
St. Joseph
Seaboard Air Linea
Sears Roebuck
Baty
Simmons Bed
Sinclair Oil
Southern Pacific
Southern Railway
Sncasmamencon
Standard Oil N. J
Enaddaae A
Standard Oil N. Y
Sti
Stewart Warner
Stone and Webster
Studebaker
Texas Corp
Texas Gulf
Texas Pac
Ofl
Timken Roller Bearing Oor
Underwood Elliott
Union Carbide Ee
Union Pacific Oe
United Aircraft Wa
United Carbon Ee
United Corps
United Gas
U. S. Ind
U. S. Rubber
U. S. Steel s+ e
Utilities Power and
Vanadium Steel Ee
Hee
Ward Baking
Warner Pictures
Warren Bros
Western Maryland
Western Union
Westinghouse Elec
Woolworth
Worthington
Youngstown
Pittsburgh Livestock
Ewes
Chicago Grain
Toledo Grain
NEW York Poultry
Chicago Livestock
Wall Street Briefs
BY Sidney Smite
Alwans
MR Works
Ib Gas Works
Dave Pritchard
Pittsburgh Post
Guaranty Investment Co
Charleston, W. Va
Charleston
West
Isaac T. Mann
James Ellwood Jones
Lt. Alexander
Arthur J. MacBride
N. L. Wallace
H. R. Hawthorne
Pocahontas Fuel Company Incorporate
ONE Broadway
Pocahontas
Tidewater
Great Lakes
Atlantic
Sewall's Point
Norfolk and
Newport News
POCKS
New Bedford
Mass
Salem
Mystle Wharf
Boeton, Messe
Portland
Great
Heston
Bodford
Portand, Paine
Hortitt
van Bluefeld
W. Vass
Hic
Lletroatt, Oh
Pollign Agmnte
Ores, Savon & Co., Ltd
Lime Street Square
London
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