Wall Street Ends Mixed as Dollar Rally Suppresses Stocks
New York stocks slipped after an early rise amid dull trading and a dollar rally. The British pound hit 4.2418, while oils and cotton fell on profit taking and a France gold standard rumor weighed on sentiment. Major issues including U S Steel and General Electric led declines of about 1 to 5 points.
MENTIONED IN THIS ARTICLE
New York
England
London
United States
France
Wall Street
America
U. S. Steel
American Telephone
Westinghouse
Union Pacific
United Aircraft
Harvester
Woolworth
Consolidated Gas
General Electric
Union Carbide
General Motors
Chrysler
Sears Roebuck
New York Central
Baltimore and Ohio
Pennsylvania
Santa Fe
Case
Western Union
National Distillers
du Pont and
Allied Chemical
American Can
Sterling
New York Bond Market Ends Session Mixed on Heavy Selling
Bonds rose up to 3 points in early trading but gave back much of the gain in the late rush as liquidation swept through stocks. Secondary securities gained earlier on freight traffic figures from individual roads signaling further improvements.
MENTIONED IN THIS ARTICLE
New York
Hancock Investments Raises Question on Power Company Bond
Investors note unclear terms for a $6 issue from Electric Power Company. Preferred at market appears linked to C B Hancock Investments with June 22 as a closing reference amid dated dec倾.
Stock Exchange Quotations By Bryan Kemp And Co
Quotations provided by Bryan Kemp and Company of Bluefield West Virginia as a member of the New York Stock Exchange New York Cotton Exchange and Chicago Board of Trade with the Richmond Stock Exchange also listed The notice lists telephone and association details for the trading houses involved.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
New York Cotton Exchange
New York Curb Exchange
Chicago Board of Trade
Richmond Stock Exchange
Financial report notes mixed oil results and steady loan averages
The report indicates some oils performed better while other issues resisted improvement. Total sales reached 15,329,009 dollars at par value, and the average for 60 domestic lower loans remained unchanged at 77.7.
Foreign exchange rates listed for major currencies
New York June 22 foreign exchange firm quotes British Great Britain at 4.20 percent for cables 4.2014 and 60 day bills 4.19. France 4.88. Italy 6.51. Demands show Belgium 17.40 Germany 29.55 Holland 49.85 Norway 21.26 Sweden 21.66 Denmark 18.77 Switzerland 23.95 Spain 10.46 Portugal 3.83 mn Greece 0.70 mn Poland 14.00 mn Czechoslovakia 3.73 mn Jugoslavia 1.68 mn Austria 14.33 mn Romania 0.74 mn Argentina 32.07 mn Brazil 7.64 mn Tokyo 26.62 Shanghai 27.00 Hongkong 30.00 Mexico City silver peso 27.85 Montreal in New York 90.3742 New York in Montreal in New York 90.37% New York in Montreal 110.62% nominal.
MENTIONED IN THIS ARTICLE
Clos
Hign
Adams Express
Eastman Kodak Eae
North Amer Co. Peea
Elee
Autolite
Alaska
Juneau
Owens Hl
Alleghany Corp
Pac
Allied Chemical
Pac Lighting
Allis Chalmers Tenon Ee
Fed
Wat
Servan
Packard Motors
Foster Wheeler
Penick and
Ford
Fox Film
Penney
J. C
Freeport Tearas
Penn
Gen Amer
Tank
Baty People’s G
Tave
Amer
Gen
Phillips Pet
Mls Amer
Rollin Mills
Pillsbury Flour
Gen Foods
Proctor and Gamie
Steel Pay
U Ullman
Radio Corpn
He Amer, Water Works
Keith & Chong
Socony Vacuum
Calif
Moison
Benix Aviation
Tel
Eal
Best and Co, Ween Eee Ae
Infante
Bethlehem Steel Wee Oars
Johns-Manville
Borden and Co
Kelvinator
Standard Brands
Brooklyn Man, Tra
Kennecott Cop
Standard Gas
Liggett and Mersor
Texas
Tob
Bee Ewee
Transamerica Orp
S. P
Underwood Elliott
Chicago Northwestern
Elec
Union Cartide O. Bones
An Fanne Mekeesport
Chrysler
McKesson and Abving
United Aircraft
Mathieson
United Gas. Impr
Wee
Mexican Seaboard
Montgomery Warday Ss BA
TY. S Steel
Mullens
Continental Can
Nash Motors
Warren Bro
Continental Ins
Nat
Biscuit
Warner Bros
Continental Ad
Cash Register
Weason
Western
Maryland
Nat. Distillers
Western Union
One
Westinghouse Airbra
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugla
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Rumenia
Argentine
Brazil
Tokyo
Shanghai
Hongkong
Mexico City
Montreal
Curb Market Drops Late As Volume Surges In New York
The curb market ends firm session with a sharp late jolt as transfers reach 736,000 shares, led by declines in Singer Manufacturing and Parker Rust Proof. Losses of 2 to 3 points appear in Aluminum Company of America American Gas and Electric Mergenthaler Humble Oil Gulf Pittsburgh Plate Glass and Newmont Mining.
MENTIONED IN THIS ARTICLE
New York
Singer Manufacturing
Parker Rust Proof
Aluminum Mevency of
America
American Gas and Electric
Mergenthaler
Humble Oil
Gulf
Pittsburgh Plate Glass
Newmont
Wool Industry Nears Two-Month Peak Outlook
New York reports the wool manufacturing sector is almost booked for the next eight to ten weeks as hours and wages rules under the national industrial recovery act will be drafted. Commercial Credit stockholders authorize par value change to 10 dollars and retirement of 45,948 shares with repurchases of 54,052 shares at up to 20 dollars each. Authorized common shares cut to 2,000,000 from 3,000,090 and A convertible down to 600,000 from 1,000,099. Wall Street expects Baltimore and Ohio Railway to show a June earnings balance on preferred stock.
MENTIONED IN THIS ARTICLE
New York
Sayls
Commercial Credi Company
Commercial Credit Management Com
Grain prices in Toledo on track for 284 rate basis
Toledo grain prices list on June 22 shows Wheat No. 2 red 75.4 to 76. No. 1 red 76.4 to 77. Corn No. 2 yellow 46.46% No. 3 yellow 45.45. Oats No. 2 white 34.44 34% No. 3 white 33.34.
MENTIONED IN THIS ARTICLE
Toledo
Treasury Receipts and Expenditures for June 20
Treasury receipts for June 20 totaled 15 981 126.13 with expenditures of 14 946 632.15 and a balance of 1 007 142 898.41. Custom duties for twenty days of June reached 15 124 543.74.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Bond Quotations from New York Markets
United States government bonds close with Liberty 3% at 102.27 First 4% at 101.30 Fourth 44 at 103.8 Treasury 4% at 110.6 Treasury 4s at 106.17 Treasury 8% at 105.4 with quoted bid and offer pairs for each issue.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Treasury
New York Money Markets Steady on Call Loans and Paper
New York markets show call money steady at 1 percent all day. Time loans ease with 69 to 90 days at 1 4 months at 4 1, 5 to 6 months at 1 1 percent. Prime commercial paper at 144. Bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Wheat futures rise as traders rush to buy in Chicago
Chicago June 22 wheat futures moved near 89 cents for May 1984 delivery as demand surged. Prices climbed about 6 cents from the day before with 100000 bushels bought in advance, a rare activity for wheat traded long before delivery.
MENTIONED IN THIS ARTICLE
Chicago
Butter futures steady to firm as Chicago market reports
Chicago on June 22 reports butter prices steady to firm with fresh quotes around 93 at 23 percent and 92 22 percent 91 22 percent 90 21 percent and 89 20 percent. Carrot center prices show 90 22 percent and 89 21 percent.
MENTIONED IN THIS ARTICLE
Chicago
Raw sugar steady as refined price holds at 4.60
New York raw sugar quotes show no change with 16 850 tons traded and no bids reported. Close drifted two points lower. Refined prices unchanged at 4.60 for fine granulated.
MENTIONED IN THIS ARTICLE
New York
New York Poultry Prices and Trends Report
New York prices show mixed colors and selections from fresh receipts with various standards and pack types. Live poultry prices are weak. dressed poultry and chicks show modest gains while white eggs hold steady and brown eggs vary by private store sales.
MENTIONED IN THIS ARTICLE
New York
Produce prices in Pittsburgh market update
In Pittsburgh on June 22 prices for apples remained steady with moderate demand. New York Baldwins traded at 1.00 per bushel basket, reflecting current market conditions from U S S and Pennsylvania Departments of Agriculture sources.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S&s
Depts
New York Baldwins
Commodity Prices Reported For Potatoes Butter Eggs Poultry
The report lists russets at 65 to 75 with Tennessee and Georgia items around 2.00 and 2.60. North Carolina Cobblers and old Maine stock show 3.76 to 4.00 and 2.10 for 100 lb sacks. Butter cheese eggs and poultry values held steady with nearby receipts 12 to 18 percent and white extras at 14 to 15.
MENTIONED IN THIS ARTICLE
Tennessee
Georgia
North Carolina
Maine
Green Mountains
Hennery
Ohio
West Virginia
Kentucky
Jersey City Livestock Market Summary
Jersey City on June 22 reports 1 140 cattle all direct with no trading, 780 vealers and calves including 670 direct. Sheep and lambs total 8 790 with better Virginia ewe and weather lambs 50 cents higher at 8.50 to 8.75, hogs 1 870 direct, market nominal.
MENTIONED IN THIS ARTICLE
Jersey City
Chicago Livestock Market Report Shows Mixed Trade
Chicago livestock prices show active demand with cattle and cattle calves steady to lower, hogs mostly steady to lower, with top hogs around 4.60 and cattle weights cited up to 7.25 in spots. Sheep demand remains strong with lambs and yearlings trading up 26 points and late native lambs around 7.25 to 7.85 for outsiders.
Trade Trends in Metals and Materials Markets
The report notes heavier steel plate demand and stronger paint materials prices with gums and varnish showing price strength. Lead pigments stay firm while copper offers are limited below 8 cents. Export demand for copper looks more active with firmer prices. Zinc shows light lead buying with Western primaries at 4.35 cents and Newark at 4.20 cents.
MENTIONED IN THIS ARTICLE
St. Louis
Newark
Market Report from Pittsburgh Hogs Cattle Calves Sheep
Hogs total 1 500 mostly 10 lower to good and choice grades with weights 160 to 350 pounds. Cattle 15, steady with heifers 550 to 750 pounds and cows mid to good 2 75 to 3 85. Calves 100 steady vealers 4 50 to 5 50, calves 250 500 pounds 2 50 to 4 50. Sheep 500 steady lambs 90 pounds and under 7 00 to 8 00, common and medium 4 65 to 7 00.
MENTIONED IN THIS ARTICLE
Chicago
U.S
Pittsburgh
U. 8
Dept
Baltimore
Market Report Baltimore Cattle and Hogs Steady
Baltimore market figures show cattle steady with bulls at 38.50 top, steers 6.75 to 6.00, cows 3.25 to 5.25, and heifers 5.00 to 4.50. Sheep and lambs risen with lambs 7.75 to 8.25, hogs 4.50 to 4.30, calves steady at 5.00 to 4.50.
Community notices from Bluefield era bring meetings and visits
The Mount Zion Sewing circle meets Friday at 3 30 at Mrs Mike Browns 1022 Ridge St visitors welcome The Home Ministers revival continues with new additions The Bluefield United Dry Forces unit meets at Scott St Y M C A this evening at 6 Officers members and committees urged to attend The Roy Scott Post 39 American Legion auxiliary meets at Y M C A Scott St tonight at 8 urgent business Also notes C Moot Carper Charleston director of Negro welfare and statistics visiting Bluefield and Harry Capehart US attorney attends court Mrs Nora Hunter of 105% Jones St visits Bedford City Va
MENTIONED IN THIS ARTICLE
Mount Zion
Bluefield
United Dry Forces of
West Virginia
Scott Street Y. M. C. A
Roy Scott
American Legion
Y. M. C. A. Scott Street
C. Moot Carper
Charleston
Bureau of Negro Welfare and Statistics
Bureau Department
Harry Capehart
U. S
Nora Hunter
Jones Street
Bedford City
Great Lakes Link to Gulf by Ship Channel Planned
Chicago announces a plan to join the Great Lakes with the Gulf of Mexico via a waterway about 1,000 miles long. Officials expect a major navigation route, connecting northern ports to southern markets and boosting regional trade.
MENTIONED IN THIS ARTICLE
Great Lakes
Gulf OF Mexico
Chicago
Inland waterway opens connecting Chicago with Lake Michigan
A $102,000,000 inland waterway was completed enabling a first freight run up Chicago river to Lake Michigan. Federal officials and state leaders hailed the project, saying it links the midwest to coasts and boosts industry as 60 railroad cars of goods sailed from Utica to the lake.
MENTIONED IN THIS ARTICLE
Chicago
Lake Michigan
Mississippi Valley
George H. Dern
Midwest
Illinois River
Utica
Ill
Des Plaines
Illinois Rivers
Chicago Sanitary District Canal
Owa Farmers Jail Sentences Follow Farm Demonstration
Twenty northwest Iowa farmers were jailed for 24 hours and fined 50 dollars each for contempt of court after a April 27 demonstration against farm mortgage foreclosures that sparked martial law in the region. Several admitted involvement in the LeMars incident where Judge C D Bradley was dragged from his courtroom and threatened with hanging. Trial for conspiracy charges set for July 10 in Orange City.
MENTIONED IN THIS ARTICLE
Primgharla
Iowa
Thy
LeMars
C. D. Bradley
Orange City
Earl Peters
Iowa District Court
Paris Honors First Bathtub Owner Memorial Tablet
Paris marks the home of the first modern bathtub not for the fixture but to honor Anatole France and Dr. Jean Martin Charcot who lived there. Charcot introduced the tub in the nineteenth century, drawing much attention from locals and visitors.
MENTIONED IN THIS ARTICLE
Paris
Anatole France
Jean Martin Charcot
Charcot
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Standard Statistics Co
Ind R.R. Lu
C. B. Hancock Investments
N.Y Stock Exchange
Bryan, Kemp and Company
Weet
Virginian Hotel
James EB. Mann
Bluefield, W. VA
H. R Hawthorne
Arthur J. MacBride
Pocahontas Fuel Company
Orporate
ONE Broadway
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Lambert
Nort
Ang Newpor
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Wall Street Briefs
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Associated Press
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News OF the Colored People
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