Markets rally as stocks trim earlier losses
Stocks and leading commodities recovered from morning lows with a broad rally in the afternoon. United States Steel American Can and American Telephone saw notable moves while utilities led gains as the market closed with mixed reflections on the day and bonds firmed.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Rears
United States Steel
American Telephone
American Can
General Electric
Bears
Consolidated Gas
Electric Power and Light
North American 314
Public Service of New Jersey
People’s Gas
American
Bethlehem Steel
Westinghouse Electric
Radio
International Harvester
Johns-Manville
Standard Oil of
New Jersey
Houston Oil
Eastman Kodak
Bond Market Averages Face Ir regular swings in New York
Bond prices moved irregularly in New York as trading showed uncertain trends amid stock market activity. Dealers reported total bond sales exceeding 9 million dollars as prices fluctuated through the day.
New York Money Rates Show Varied Call and Bank Rates
In New York on June 23 call money rates hovered around 2 percent throughout the day. Time loans ranged from 30 to 60 days at 24 percent, with 90 days at 24 percent. Prime commercial paper priced at 3 percent. Banks' acceptances held near unchanged with 30 day at 2 percent and 60 to 90 days around 2 percent.
MENTIONED IN THIS ARTICLE
New York
Foreign exchange rates for major currencies and markets
New York June 23 Foreign exchange quotesshow firm demand across markets. Highlights include Great Britain at 4.8511 4.8529 and 4.83 for 63 day bills on banks. France 3.9214 3.92. Italy 5.2319 5.237. various Belgian German Dutch and Scandinavian rates listed in cents and some in dollars for Great Britain.
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
Brazil
Tokyo
Shanghai
Montreal
Pittsburgh Produce Prices and Receipts Report
Pittsburgh June 23 produce round up shows moderate demand. Apples receipts 32 cars steady with Baldwins 4.50-5.00 per barrel. russets 4.00-4.50. Cabbage receipts 22 cars steady with Tennessee crates 1.10-1.25. Missouri bulk 2.00-2.26 per barrel. Onions receipts 29 cars steady yellows 1.50-1.60. whites 1.75-2.00. Potatoes receipts 49 cars weaker with Maine Green Mountaine 2.00-2.25. North Carolina cobblers 4.00-4.75 per barrel. Butter ranges 29-34 cents a pound. eggs 23-25% per dozen. cheese 23-30 cents. Poultry prices list live hens 22, Leghorns 15-18, broilers 27-35 cents, ducks 15-25, turkeys 18-24, fresh-killed hens 40, hog-dressed 35.
MENTIONED IN THIS ARTICLE
Pittsburgh
New York Baldwins
Illinois Transparents
Tennessee
eMiscouri
Texas
Maine
North Carolina
Hennervent
New York
Flour Markets Hover Near Stable Levels in New York
Flour prices in New York showed only slight firming as markets opened, with traders noting barely steady demand and limited price moves amid mixed futures signals and steady cash activity in the morning session.
Sugar market steady as July futures lead small trading
New York sugar closes with no change in overall market activity. July liquidation and rollovers to later months drove declines to the lowest levels, as futures fell 2 to 5 points from the prior close. Approximate sales totaled 77,650 tons with no No 2 contract activity.
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New York
Market closes with refined granulated steady and prices listed
The report shows July at 3.16c, September 3.25c, December 3.36c and No 1 futures at July 1.26c September 1.34c January 1.45c March 1.53c May 1.60c. The refined market remains unchanged at 4.60 to 4.70c for fine granulated with good withdrawals but no new business.
Butter Prices Rise On Light Offerings In Chicago
Butter prices advanced with light offerings and strong demand on 87 89 score ranges. Fresh 93 score at 33 92 score 32 91 score 31 90 score 30 were quoted with widespread acceptance and centralized 90 score at 32 89 score 31 and 88 score 28 cents.
MENTIONED IN THIS ARTICLE
Chicago
Dry Goods Market Opens Quiet in New York
Cotton goods opened quiet today in New York with prices weaker after a further cotton decline. Rayon yarns quiet, silk unchanged, tires tending toward the low side. Sales of worsted dress goods for fall showed some gain as burlaps remained quiet and easy.
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New York
Market quotes for grains and seeds at Toledo
Wheat No 2 red 95 96c per bushel. Corn No 3 yellow 81% 82c. Oats No 2 white 42% 44c. Barley No 2 60c. Rye No 2 75c. Cloverseed cash domestic new 12.30 October 12.85 bid December 13.05 bid cash new 12.60 no cash 11.10 October 11.15.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Wheat Prices Dip Under 90 Cents on Chicago Market
Wheat prices rallied briefly with securities gains but fell below 90 cents a bushel for July delivery of the 1930 crop. Texas Oklahoma and southern Kansas saw similar declines as large arrivals met weak export demand. Closing quotations reflected the new low levels.
MENTIONED IN THIS ARTICLE
Chicago
Southwest
Texas
Oklahoma
Kansas
Market close notes show mixed grains and provisions
Irregular unsettled trade highlighted a shift from declines to advances. Corn finished about 1 1/2 percent higher, oats up a fraction, while provisions dipped on the session.
Poultry Prices and Receipts Bid Highlights from New York
New York June 23 Poultry prices listed for dressed and live stock with varied cuts and finishes. Dressed chickens f o w l s ducks and turkeys show multiple price points including fresh frozen and express delivery. Pegs receipts total 16870 cases with grade distinctions from extra first to seconds and regional varieties such as Pacific coast and hennery stock.
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New York
Hennery Brown
Hennery White
Hennery Extra
Pacific Coast
Pittsburgh Livestock Markets Report Strong Hogs and Cattle
June 23 Pittsburgh livestock market reports receipts of hogs 2,000 head with steady to higher bid ranges across grades, cattle receipts 1,250 head with prices generally lower, calves and sheep also listed with varied prices. The National Metal Exchange approves copper contract amendments set to begin July 1. American States Public Service directors authorize purchase of two electric units in Idaho and Montana.
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The
National Metal Exchange
American States Public Service Company
Idaho
Ontana
Live Stock Prices and Receipts From Chicago Market
Chicago market figures show hog receipts at 45 000 head with strong early sales and steady later trade. Cattle receipts total 13 000 with calves at 2 000. undertone weak and too many cattle. Slaughter classes report varied gains and declines across weights, with vealers, cows, bulls and stockers priced accordingly. Sheep and lambs activity remains fair with fat lambs and ewes quoted, plus lamb ranges and cull prices noted.
Stockholders to vote on North American charter boosts
North American company calls a special meeting for August 6 to approve increasing authorized common stock to 50 million shares and to convert 1.39 million unissued preferred into no par serial stock while expanding serial preferred to 5 million shares. Also to extend corporate existence for a set period. Berliner Joyce Aircraft stockholders approve transfer of control to North American Aviation. F. W. Dodge reports May awards in New York state totaling 109.57 million, up from April and last May. first five months total 406.56 million. Steel producers report May sheet output 274,224 tons, 73.3 percent of capacity.
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New York
F. W. Dodge Corporation
New York State
Berliner Joyce Aircraft Corporation
North American Aviation Corporation
National Association of
Unclear OCR Item Mentions Several Arkansas and Indian Territory Entries
Fragmentary note lists Bluefield industrial terms and companies like Cities Service and Majestic Collieries with June dates and prices. Appears to record closes or transactions in Indian Territory and Arkansas with listed market values around 75.00 and 90.00, plus a 27 percent figure.
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Bluefield Industrial Bulld- Ark
Majestic Collieries Co
Tug River Lumber Co
Indian Territory
Tne CO
Ceeeves
Colored voters urged to meet in Princeton on Sunday
Mercer county colored Republican organization calls Mercer county voters to meet at the Masonic hall in Princeton Sunday at 3 o clock. The gathering aims to discuss political and economic interests of colored citizens affecting the forthcoming primary and election. Attendees from Roseville, Coopers, Bramwell, Simmons, Goodwill, Crystal, Thomas, McComas, Princeton and Bluefield respond to the call. S. R. Anderson chairs the executive committee. Arthur G. Froe, DC recorder of deeds, was in Bluefield en route to visit his mother.
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Mercer County
Colored Republican Organization
Princeton
Masonic Hall
High Street
Roseville
Coopers
Bramwell
Simmons
Goodwill
Crystal
Thomas
McComas
Bluefield
S. R. Anderson
Arthur G. Froe
District of Columbia
Mr. Free
Lawn festival at Mrs. Mathey residence
The Junior choir of Scott Street Baptist church plans a lawn festival at Mrs. Jane Mathey 124 Park Street on Wednesday evening June 25. Elaborate preparations aim to make it the summer’s biggest event with numerous amusements and surprises. CHURCH OF GOD APOSTOLIC Elder T J Cox pastor preaching Tuesday night by Rev Miss Maud Runyon who spoke successfully at Municipal building last April. Everybody welcome. John Stewart M EF church hosts significant Tuesday service with Woman's Home Missionary Society insstallation and Rev Dr Dabney of Mount Zion Baptist church delivering the sermon reflecting his Bluefield work.
MENTIONED IN THIS ARTICLE
Scott Street Baptist Church
Jane Mathey
Park Street
Church OF God (Apostolic
T. J. Cox
Maud Runyon
John Stewart
Eminent divine to speak as public invited
The article notes an eminent divine whose public address will be followed by his choir and congregation providing music and worship. It urges all officers to attend promptly at 8 o'clock. It lists various local names and travelers, including Mrs. N. K. Hunter and Mrs. L. J Ward traveling to Spring Lake New Jersey for vacation, and several local residents in Bluefield and nearby towns.
West Virginia College Association Elects Officers and Adopts Constitution
Charleston W Va June 23 Officers were elected and a constitution adopted at a meeting of the West Virginia Association of Colleges. Elected were W H M S White president C H Martin vice president and W W Trent secretary-treasurer. J F Marah and Thomas W Haught named to the executive committee. The constitution limits membership to state board of education recognized colleges and permits others by committee recommendation.
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Charleston
W. Va
West Virginia Association of Colleges
W. HM. S. White
Shepherd College State Normal School
C. H. Martin
New River State School
W. W. Trent
Broaddan College
Treachrer
Association
J. F. Marah
Concord State Normal School
Thomas W. Haught
West Virginia Wesleyan
Ty State Board of Education
M. Shawker
Marshall College
Cloud Goodnight
Bethany College
David Kirby
Morris Harvey
State Withdraws Bids for Rock Camp Peters Town Road
The West Virginia State Road Commission announced the withdrawal of bids for applying tar surface to nine miles of the Rock Camp Peters Town Road in Monroe County. Work will be done by state forces, which recently completed work on an adjoining section.
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Charleston
W. Va
State Road Commission
Rock Camp-Peterstown
Monroe County
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