Stocks Rally in Late Trading Amid Grain Boom
New York June 23 Stocks rallied in late trading lifting many issues 1 to 4 points and closing with gains after wheat oats and rye surged on crop damage reports. Volume 3,834,050 shares, the lightest since May 23, with notable gains for Case, National Distillers, Delaware and Hudson, Chrysler, Johns-Manville, Western Union and others.
MENTIONED IN THIS ARTICLE
New York
France
Case
National Distillers
Delaware and Hudson
Chrysler
Motors
Johns-Mansville
Western Union
Owens- Illinois
Corn Products
Allied Chemical
du Pont
American Telephone
U. S. Steel
American Can
Union Pacific
Santa Fe
Southern Pacific
Sears Roebuck
International Harvester
Celanese
Chicago
Wall Street
Bond market holds steady as rail loans support prices
The bond market remained virtually unchanged as strength in railway loans kept prices steady. Traders showed caution amid uncertainties over the dollar in foreign exchange markets, while ongoing domestic business and industrial improvements provided support. Carrier Hens reflected further re-
MENTIONED IN THIS ARTICLE
New York
Hancock Investments Markets and Closings Report
C B Hancock Investments lists Appalachian Electric Power Company preferred at market with a $6 and 7 percent rate. Cities Service common stock shows June 23 closing at 6.
MENTIONED IN THIS ARTICLE
Appalachian Electric Power Company
NY Stock Exchange Quotations and Exchanges Listed
Bluefield West Virginia lists New York Stock Exchange Cotton Exchange and Curb Exchange affiliations with Chicago Board of Trade and Richmond Stock Exchange. The brief note indicates membership and quotation references among major exchange bodies.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
New York Cotton Exchange
New York Curb Exchange
Chicago Board of Trade
Richmond Stock Exchange
Call Money Rates Hold Steady in New York Market
Call money in New York on June 23 shows 1 percent availability all day. Time loans firmer with 60 days at 1 percent, 4 to 8 months at 1 percent, 5 to 6 months at 1 percent. Prima commercial paper at 1 percent, bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Prima Commercial Paper
Grain price quotes for wheat corn and date at Toledo
Grain on track 384 rate basis nominal with Wheat No 2 red 77 78 percent and No 1 red 78 79 percent. Corn No 2 yellow 46 47 percent and No 3 yellow 45 46 percent. Date No 2 white 35 36 percent and No 3 white 34 44 35 percent.
MENTIONED IN THIS ARTICLE
Toledo
Sensational Crop Loss Reports Lift Grain Prices
In Chicago grain markets on June 23 sensational damage reports from the Dakotas Minnesota and Canada spurred big buying. Wheat closed at the day’s top, with futures up about 1 2 cents, corn and oats higher, and provisions down several cents.
MENTIONED IN THIS ARTICLE
Chicago
Dakotas
Minnesota
Canada
Butter Prices and Carrot Rates in Chicago Market
Chicago market notes show butter at 93 score 23 percent with 24 and 92 23 values and 91 22 percent. 90 at 2144 and 89 20 percent. carrots listed at 90 22 percent and 89 21 percent with incomplete subsequent data.
MENTIONED IN THIS ARTICLE
Chicago
Puerto Rican Nearby and Late July Shipments Sell Units
New York reports raw prices at 3.40 for spot sales of 8,000 bage and 28,700 for late July delivery to refiners, with total sales at 18,850 tons. Refined price holds at 4.60 for fine granulated.
MENTIONED IN THIS ARTICLE
New York
Raw
Pittsburgh Produce Prices Report June 23
U S and Pa Depts of Agriculture report moderate demand for produce. Apples listing 10 cars with prices for Baldwins Russets and Transparents across New York Illinois Georgia and Maine. Potatoes show stronger demand with North Carolina Virginia and Maine stock varieties priced per barrel and sack. Butter eggs cheese and poultry unchanged.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S
New York
Illinois
Georgia
North Carolina Cobblers
Virginia
Maine
Green Mountains
Traffic revenue gains and rallies across multiple rail lines
Reports show gains in traffic revenue with rallies of one to two or more points among major railroad systems including Santa Fe Atlantic Coast Line Baltimore and Ohio Chesapeake Bur lington St Paul Chicago and North Western Great Northern K S C Southern Nickel Plate Norfolk and Western Pennsylvania Southern Pacific and Southern.
MENTIONED IN THIS ARTICLE
Santa Fe
Atlantic Coast Line
Baltimore and Ohio
Chesapeake Corporation
Burlington, St. Paul
Chicago and Northwestern
Great Northern
K. C. Southern
Nickel Plate
Norfolk and Western
Peninsylvania
Southern Pacific
Southern
Curb Market Finishes Firm As Traders Rebound
New York curb stocks held steady until the final hour when prices surged. Trading volume rose late, totalling about 493,000 shares versus 736,000 the day before, while early activity showed trader apathy. Hiram Walker gained over 6 points on merger rumors as Aluminum Company of America and Parker Rust-Proof rose about 3 points.
MENTIONED IN THIS ARTICLE
New York
Hiram Walker
Aluminum Company of America
Parker Rust Proof
Government bonds close as Market reports varied yields
United States government bonds closed with Liberty 3% at 102.26, First 4% at 102.12, Fourth 4% at 103.3, Treasury 4s at 110.3, Treasury 3% at 105, and Treasury 3% June at 102.11, with mixed prices across issues.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Treasury
Foreign Exchange Rates in New York
Foreign exchange irregularities noted with Britain at 4.22% demand and 4.2244 cables, 60 day bills 4.21% while France and Italy hold 4.88% and 6.50% respectively. Belgium shows 17.35 with Germany remaining unsettled.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Fragmented International Exchange Figures
A listing of various country and city financial metrics shows values for Holland, Norway, Sweden, Denmark, Switzerland, Spain, Portugal, Greece, Poland, Czechoslovakia, Jugoslavia, Austria, Romania, Argentina, Brazil, Tokyo, Shanghai, Hong Kong, Mexico City, Montreal in New York, and New York in Montreal. Values include nominal figures and percentages for several entries.
MENTIONED IN THIS ARTICLE
Holland
Norway
Swedn
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Rumania
Argentine
Brazil
Tokyo
Shanghai
Hongkong
Mexico City
Montreal
New York
Treasury Receipts and Expenditures Reported for June
Treasury receipts for June 21 amount to 106 dollars and 42 thousand 381 dollars 41 cents. Expenditures reach 114 thousand 257 dollars 882.08 cents with a balance of 1 million 227 thousand 396 dollars 74 cents. Customs duties for twenty one days in June total 15 million 656 thousand 019 dollars 52 cents.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Chicago Livestock Market Report Summary
Chicago livestock prices show hogs at 26,000 head with direct sales 15,000. hogs underweights and pigs drop 10 to 25 cents, top 4.60. Cattle 1,500 and calves 700 with generally steady trade. steers 550-900 pounds bring 5.25 to 7.25, 900-1100 pounds 6.50 to 7.25, 1100-1300 pounds not fully listed.
MENTIONED IN THIS ARTICLE
Chicago
U. S
State plans $26.6 million unemployment bonds and more
New York state offers a $26,595,000 issue of unemployment relief and grade cross elimination bonds on June 28, swelling next week’s total to $32,980,983 in state and municipal financing. New York Cotton Exchange membership changes hands at $21,000, unchanged from prior sale.
MENTIONED IN THIS ARTICLE
New York
New York State
Saya
New York Cotton Exchange
Dry Goods Market Faces Steady Demand and Rising Prices
Cotton goods remain firm with dimity spreads up 15 percent and burlaps for spot delivery higher. Rayon production is at capacity for the summer, while wool dress goods orders are often declined due to delivery constraints. Silks show steady demand as the market holds.
MENTIONED IN THIS ARTICLE
New York
Livestock Market Report Mixed Weights and Prices
Sheep demand shows strength with higher packer interest while lambs remain active. yearlings and calves show varied quotes. Cattle quotes cover cows heifers and mixed grades from common to good and choice cuts across light to medium weights.
Lancaster Livestock Market Report June 23
Lancaster Pa June 23 cattle market slow as buyers loaded up. Beef steers and bulls steady while stockers, feeders, and stock cows show fair demand and prices mostly 4.50 to 5.50. Calves scarce top around 6.00. Hogs slow to steady with westerns about 5.50 and locals 4.75 to 5.00. Sheep steady to strong with choice lambs 7.50 to 8.50 and locals 7.50.
MENTIONED IN THIS ARTICLE
Lancaster
Baltimore
Pittsburgh Livestock Price Report June 23
U S Dept. of Agriculture data from Pittsburgh notes hogs 3 500 head slow and mostly 10 lower with light lights 130 160 pounds at 4 09 to 4 50 per hundredweight. Cattle 25 unchanged with steer lots 90 1300 pounds good 2 60 to 4 40. heifers 550 750 pounds good 5 00 to 5 50. calves about 250 head steady to weak.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S. Dept
Heifres
Market Report on Livestock Weights and Prices
The note lists lambs at 90 pounds steady to down with good and choice qualities fetching 7.00 to 8.00, and 4.65 to 7.00 for common and medium grades. Sheep are 1,000 head, calves and Awe Ibe categories noted with prices 2.50 to 5.50 for common to medium ranges.
Jersey City Livestock Prices on June 23
Cattle total 1,020 with 870 direct. cows and bulls steady. steers nominal. Vealers and calves 1,750 with 1,650 direct. better vealers 6.00 to 7.00. Sheep and lambs 9,720 with 7,100 direct. better grades 8.50 to 8.75. Hogs 2,500 with 2,440 direct. average 198 pounds 5.00, 260 lb weights 4.50.
MENTIONED IN THIS ARTICLE
Jersey City
Baltimore Livestock Market Report and Metal Superconductivity Note
Baltimore livestock prices show a steady market with cattle bulls steers cows heifers and sheep lambs and hogs traded at various grades and prices. A brief science aside notes metals like silver and copper becoming superconductors at extremely low temperatures around 452 degrees below zero.
MENTIONED IN THIS ARTICLE
Copper
New York Poultry Prices Beat to Market
New York reports June 23 conditions show irregular mixed color eggs at 16 18 for especial packs from fresh receipts with standards 15 15 percent and dirties No 1 42 lbs 121 percent 4 138. White eggs fetch 23 4 percent 25 percent. Live poultry prices hold steady while dressed poultry remains unchanged.
MENTIONED IN THIS ARTICLE
New York
Dean
Hennery Exchange
Ohio Moves to Align with Roosevelt Recovery Plan
Ohio will consider a bill to modify anti trust laws so industrial codes and marketing agreements approved by the federal government apply in Ohio. Governor White says the measure will align state action with the national recovery act and empower him to draft intrastate codes while local trade groups adjust policies.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Roosevelt
White
Suit to restrain use of Wagner name filed in Pittsburgh
Honus Wagner, the Flying Dutchman, filed suit to stop use of his name and demand accounting and money due. Defendants include E L Braunstein firms and related companies. Wagner seeks $60 weekly salary plus commissions on sales.
MENTIONED IN THIS ARTICLE
Pittsburgh
Honus Wagner
E. L. Braunstein
E. L. Braunstein Company
Honus Wagner Company
National Storage Company
United Sporting Goods Company
Braunstein
Wagner
Coreaire
Also Mentioned on This Page
Ind. R.rjutty
Weer
Mewne
Eens
Low
Cosi At
On Old Bia
Adams Express
Amer. Or
Fox Film
Penn
R. A
Amer
Eee
Freeport Texas
Elec
Proctor and Gambie
Pullman
Radio Corpn. Oy Amer
Tob
Gillette Safety
Keith Orpheum
Anaconda War Corp
Great Northern Peer
Reo Motors
Wees
Republic Steel
Armour “Rb
Goodyear Tire
Reynolds Metals
Hershey
Reynolds
Houdaille Hershe
Royal Dutch Oy
Atl Ref's
Houston Osettee
St. Joseph Leach
Atlas Powder
Hudson Motors
Seaboard Air Line
Auburn Auto
Hupp Motors
Say Aviation Corpn Ll U
Ilinois Central
Shattuck Steeeee
Baldwin Loco
Int Harvester
Secony Vacuum
Barnsdall Oan International Shoewee
Calif
Edison
Bendix Aviation
Iekel
Best and Co
Tel
Bethlehem Steel
Ry Seager Icees
Borden and Cowedoe
Johns
Manville
Brooklyn Man
Trans
Kelvinator Tater
Tandard Gas
Kennecott Copper
Standard Old Cal Standard Oil
Briggs
Ss. S. Kresge O
Stewart Warner Teen
Byers Pipe
Kroger Groce
Cerrore Pasco
Liggett and Myers
Corp
Lowe's Inc
Lorillard
Transamerica Corp
Tnion Carbide
Ate
Ceres A. Od
Union Pacific Ee
Lou. Gas
United Aircraft
United Carbon Athe
Aay
McKeesport
McKesson and Robbins
United Corpn Ween
Coca-Cola
Wheeesene
United Gas Impr
Mathieson Alkali
Ns. Com
Credit Im
M. K. An Oeebie
Congoleumn Nairn
Montgomery W
Weabe
Mullens
Nat Cash Register
Maryland
Western, Union
Crown Cork
Sealors
Nat Distillers
Curtiss-Wright
Nat Pow
Laseae Ie
Weatinghouse
Standard Statistics Co
C. B. Hancock Investments
NY Stock Exchange
Bryan, Kemp and Company
West Virginian Hotel
James B. Mann
Bluefield, W. VA
Toledo Grain
Chicago Grain
Chicago Livestock
Wall Street Briefs
O. Alexander
Harry Bowen
Bosra
H. R Hawthorne
Arthur J. MacBride
Salers
R. L. Wallace
Pocahontas Fuel Company
Incorporated
ONE Broadway
U.S
Pocahontas
Great Lakes
Atlantic Coast
Lambert's At
Sewell's Point
Norfolk
Newport News
Ducas
New Bedford
Mass
Salem
Mystic Wharf
Boston
Portland, Maine
Ota
Sandusky
Norfalk, Va
Bluefield , Va
Cincinnati
Trast. of
Moxey, Savon & Co., Ltd
Lime Street Square
London
Coal Trading Association
Rotterdam
Frederick Gundersen
Bergen
E Pinto Basto & CO. Ltd
Lisbon
Sacoe & Clerici
Via Lomellini
Genoa
Haly
James H. Kimball
U. S. Weather Bureau
Labrador
Dr. Kimball
Italo Balbo
Lancaster Livestock
Pittsburgh Livestock
Jersy City Livestock
Baltimore Livestock
NEW York Poultry
Walt
Sacks
Auntie Blossom
Boots
BY Martin
LODGE
Freckles
Red
BY Blosset