Market declines as rail and industrial stocks drift lower
Stock prices drifted lower with few strong pockets in pool activity as rails and standard industrials yielded to selling pressure. Gains appeared in Union Pacific, Frisco, Nickel Plate, and Pennsylvan ia common stock amid speculative hopes on eastern consolidation laws and July reinvestment plans.
MENTIONED IN THIS ARTICLE
Wall Street
Coolidge
United States
Union Pacific
Frisco
Nickel Plate
Pennsylvia Common
Steel Common
Baldwin
American Locomotive
Atlantic Refining
Coca-Cola
General Section
General Railway Signal
Havana Electric
Manilla Electric
Maxwell B
Savage Arms
Sloss-Sheffield Steel
Standard Milling
Westinghouse Air Brake
Marine Preferred
General Motors
United Lear
Foundation Company
General Petroleum
Mackay Company
National Lead
Market uneven but steady amid bond buys and rail liens
In New York on June 25 investors bought long term United States government bonds while selling pressed on railroads public utilities and industrial liens. The pattern gave the trading floor an uneven appearance but a generally steady undertone persisted as activity continued.
MENTIONED IN THIS ARTICLE
New York
United States
Government Bonds Quiet Ahead of New Trading Day
New York June 23 United States government bonds closed with a list of names including Allied Chemical American Smelting and Refining Baldwin Locomotive Baltimore and Ohio General Electric and more. The market reflected varied activity among railroads, utilities, and manufacturing firms with several preferred stocks highlighted.
MENTIONED IN THIS ARTICLE
New York
United States
Allied Chemical Web
Nm Car and Foundry
American Smelting
Atchison
Atlantic Coast Line
Baldwin Locomotive
Baltimore and Ohio
Medeeos Coh
California Petroleum
Cler Motorsaat
Canadian
Seha Setsemapeake
Ses
Northwestern
Chicago
St. Paul
Pacific
Dodge Bros
du Pont de Nemour
United States Steel
Rey Iu Prefwit
Coal mining drive fuels West Virginia industry claims
A regional coal bid lauds Bluefield Williamson field and Southern West Virginia as leaders in quality and transport links. It highlights Norfolk & Western and Virginian-Pennsylvania lines, Coast and Lake outlets, and operator courage as factors driving industry prominence. The office advertises coal mines and lands for sale.
MENTIONED IN THIS ARTICLE
Bluefield-Williamson
West Virginia
Norfolk & Western
Pocahontas
Pocahontas Fuel Company, Incorporated
Cutine
Liberty 4s and Treasury 4s price listing note
A list of bond prices shows Liberty and Treasury issues with varying yields. Liberty first, second, and third 4s trade near 100.51, 102.28, and 101.18 respectively while Liberty fourth 4s and Treasury 4a rate around 103.3 and 103.28 with Treasury 4s at 107.26.
MENTIONED IN THIS ARTICLE
Laberty
Liberty
Treasury
Foreign exchange rates quoted worldwide in steady market
June 23 New York reports steady foreign exchanges with buyers and sellers quoting currencies from Great Britain to Tokio and Montreal. Rates shown include Britain 4.85 11/16 demand and 4.86 cables, France 4.68, Germany 23.81, Italy 3.71, Argentina 40.25, Brazil 11.12, Montreal 100, among others.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Jugzo-Slavia
Austria
Rumania
Argentina
Brazil
Tokio
Shanghai
Montreal
Call Money Rates and Loans Report
New York June 23 call money firm with high and low at 4 percent and closing bid 4 percent. Time loans steady with mixed collateral 60 to 90 days at 3 to 4 percent and 4 to 6 months at 3 to 4 percent. Prime commercial paper priced at 4 percent.
MENTIONED IN THIS ARTICLE
New York
Cattle Receipts Rise as Prices Rally in Chicago Market
Chicago livestock markets report cattle receipts at 8000 with steady to higher demand for all weight classes. Medium and better fed steers sell 1 to 2.60 higher, yearlings and loads at 12.00 per cwt for 837 to 1389 pounds, bulls around 11.95 to 11.86, cows up to 8.60, heifers 8.60 to 10.00, veal steady to higher, hogs receipts 22000 with early trading to shippers and traders, prices up to 26 higher as big packers show slower buying.
MENTIONED IN THIS ARTICLE
Chicago
Market Report Shows Cattle Pigs and Lambs Mixed Values
On later market prices for hogs and sheep, better 225-pound weights and up show top quotes near $13.70 with bulk $13.40 to $13.60. lighter weights and sows attract $12.25 and up. Slaughter pigs scarce, strong weights $13.00+. light kinds under $12.25. Sheep receipts around 10 000. lambs rise to about $16.50 to $16.60 for natives, with bulk $15.75 to $16.00 and ranges to $16.60 new high. Feeder wethers up to $13.50. aged Texas wethers around $8.00. fat natives up to $7.60.
MENTIONED IN THIS ARTICLE
Staan
Texas
Butter and Cheese Markets Steady in New York and Chicago
New York reports butter and cheese prices with steady tone. Butter receipts 14,187. fresh gathered eggs ranges quoted. Kees firmer with large weekly receipts. Chicago notes a quiet butter market. 92 score butter offered 42 to 43 cents, 90 score around 43 cents amid limited demand.
MENTIONED IN THIS ARTICLE
New York
Chicago
Sugar futures ease as Cuban and Porto Rican sales noted
An easier undertone developed in raw sugar on June 23 as demand rose for June and July shipments. About 50,000 bags of Cuban and Porto Rican contracts sold at 4.40, while nearby Porto Rican and St. Croix at 4.37 remained unpurchased.
MENTIONED IN THIS ARTICLE
New York
St. Croix
July sugar futures show liquidation before first notice day
Heavy liquidation and spread of July contracts for later delivery pressed prices ahead of first notice day. Stop loss orders extended three to six points, then partial rallies followed, with closes two to four points lower. Spot-market offerings and favorable crop advice from abroad weighed on sentiment. July 2.61, September 2.77, December 2.89, March 2.92. Old contracts withdrawals continued liberal in refined sugar, prices unchanged at 6.66 to 5.70 for fine granulated.
New York Dry Goods Market Quiet as Staples Move at Parity
June 23 reports buyers secured many staples in yarns and cloths at 20 cent cotton parity. Bids at pre-advance prices were plentiful though business was quiet. Large activity noted in cotton dresses, underwear, and printed cotton fabrics. Raw silk eased. tropical worsted shipping lines bought at last season’s 1926 delivery level.
MENTIONED IN THIS ARTICLE
New York
Mill 9
Buyine
Jargeim
Wool Market Activity Shows General Demand
Trading on the wool market remains fairly active with broader demand for good wools. Prices show a hardening tendency and the market continues to exhibit firmer tones in Boston.
MENTIONED IN THIS ARTICLE
Boston
Textile prices show uneven upward trend with varying quotes
The report notes an overall upward trend in prices for delaines of better class with quotes around 56 cents. Some producers hold for higher prices. Listed price changes include various blood classifications and combing statuses with quoted cents from 62c down to 42 4%c.
Poultry Prices Updated for New York Markets
June 23 report lists live poultry irregular by freight and express with broilers 30 40c, fowls 28 42c by express, 25 27c by freight. roosters 12c by freight. Dressed poultry and chickens sold frozen at 256 45c.
MENTIONED IN THIS ARTICLE
New York
Express
Grain rust reports spread across Canada and Dakotas
Reports describe rising instances of black rust affecting grain crops in Canada and the Dakotas. Observers note widespread concern about yield impact and potential economic losses for farmers and grain markets.
MENTIONED IN THIS ARTICLE
Canada
Dakotas
Market reports show grain bids and disease impact
Damage from the plague reached Amenia North Dakota as wheat quotations moved higher. July futures rose to 1.65 and September to 1.54 with corn and oats showing minor changes and provisions steady to slightly down.
MENTIONED IN THIS ARTICLE
Amenia
N. D
Real estate transfers filed in county clerk office
Real estate transfers recorded include Sidney J. Wimmer and wife to Con ley T. Snidow for 23.8 acres Clover Bottoms at 2600 dollars. H A Clarkson to F H Roop part lots 11 and 12 section 829 Bluefield for 1 dollar. J M Hines and wife to BK W Poole lot 2 Stonewall addition Princeton for 5000 dollars. C L Stewart and wife to Meek Booth Reynolds avenue Princeton for 6000 dollars. Malaria mosquitoes live year round in Palestine.
MENTIONED IN THIS ARTICLE
Sidney J. Wimmer
Conley T. Snidow
H. A. Clarkson
F. H. Roop
Bluefield
J. M. Hines
BK. W. Poole
Stonewall
Princeton
C. L. Stewart
Meek Booth
Reynolds Avenue
Also Mentioned on This Page
Indus
BOO Mckseeces
Jorce
Santa Fe
Missouri
Chicago and Alton Mens
Sinclair
Moses Hyman
Welch, W. Va
Coal Property
C. B. Hancock Firetote
Bank of Frenias. Mutlens
Carland Development Co
Valley Grocery Vikas
de War Creek Ee Co
H. Mead Coal Co
Milami Fork Costa Lane Co
Orthfork Finance Corp
Tas Coal
Pocsncares Ye
Bo Fer Red Ash Coal Co
Princeton Hosiery Mills Co
Princeton Power Co. Com
Sterling See Co
R. Paul Co
Iver
Mber Co
Inginia Orteege
Discount Corpora
Viewinie
Morigane Discount Corpora
Nex Winfolke Wester
Lea Bluefield
Bristol
Inatora
Ee Carto
York
Segper
Roanoke
Shenano
Sera Kenova
Pumpeet Ats
Fes Eva
Portsmouth
Orton
Gov't Bonds
R. Juhling
F. Toney
Williamson
W. Va
O' Nckles
Crocketts Old Feed Garn
Sean
Stanley
Monte Histo Park
E. K. Bailey
Pres
E. C. Dunning
Sales Agr
Commercial Bank
Bluefield, W. Va
Freckles
Ryalla
National Bank
Evi
Ment
THE
Bluefield National
Silverieuyp W.va
Palestine
Costa
First National Bank
Com
Andaeeconemy
iAa
Community Loan Company
Bland Street
W. C. Neikirk
Secy & Treas
Issac T. Mann
James Elwood Jones
Thomas F. Farrer
A. J. McBride
H. R. Hawthorne
L. Alexander
Sates
Navigation Pocahontas Fuel Company
Pocahontas Coal Field
Tidewater
PRC
Vrade Mart
Pro ~Stee Reade
Pocahontas Fuel Co., Inc
Broadway
N. Y
Watkins, Scott
A. B. Co
Western Union
Lieber’s
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