Stocks Rally On Broad Market Move June 24
New York stocks rally 2 to 12 points despite mixed domestic news. buyers chased gains in steel, electric, copper and tobacco shares while utilities lagged. notable rises included U S Steel above par and American Tobacco up sharply. several rail issues also advanced.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Wall Street
Hoover
Westinghouse
Pennsylvania
Baltimore and Ohio
Atchison
New York Central
Southern Railway
Southern Pacific
U. S. Steel
Radio
American Telephone
International Telephone
Bethlehem Steel
American Can
General Electric
General Motors
National Biscuit
the Coppers
American Tobacco
Bond Market Advances Across Broad List
The bond market remained active with a general advance on June 24 1931. Industrial loans led gains with Armour California Petroleum Confederate issues rising, and Copper 5s Manat Sugar International Match 5s Pathe Exchange Godrich Goodyear 5 Phillips Petroleum among big movers. Public utilities and railroad bonds also gained. Treasury and liberty loans held higher levels.
MENTIONED IN THIS ARTICLE
New York
Arket
Armourie
California Petroleum
Manat Sugar
International Match
Godrich
Goodyear
Pathe Exchange
Phillips Petroleum
United Tes Treasury
Liberty Loans
Ullens Grocery Co Trust Shares Service Closed June 24
The Ullens Grocery Co and Trust Shares service closed on June 24. Officials reported the closure affects ongoing operations and related services in the territory, with no further details provided on impacts or next steps.
MENTIONED IN THIS ARTICLE
Ullens Grocery
Copiawente Trust
Ian Territory
Foreign exchange rates across nations reported
New York June 24 foreign exchanges show broad ease with major currencies listed in dollars or cents. Britain quoted at 4.869 and 4.865 percent for cables, France 3.919/16, Italy 6.23, Belgium 13.93, Germany 23.73, Holland 40.25, Norway 26.7742, Sweden 26.80, Denmark 26.7749, Switzerland 9.53, Portugal 4.44, Greece 1.29, Poland 11.20, Czechoslovakia 2.96, Jugoslavia 176 percent, Austria 14.06, Rumania 0.59, Argentina 31.75, Brazil 7.55, Tokyo 49.35, Shanghai 87, Montreal 99.59, Mexico City gold peso 49.10.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Portugal
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Rumania
Argentine
Brazil
Tokyo
Shanghai
Montreal
Mexico City
Clostw
Adams Express
Rumely
Ses Menese
Alleghany Corpn
Allied Chemical
Fe Ese
Alita Chalwefs
American Steel
American Oati
Atchison, T
F. My
Atlantic Coast
Atlas
Auburn Autose
Ee Wes
Aviation Coron
Baldwin Loco
Eneeen
Balto
Ohio
Barnsdal “Alee
Bendix Aviation
Best and Coonasccer Canon
Olly Bethlehem Steel
Canada
Chesapeake Corpu
Sly
Chicago Great Western
Chicago
Mil
St. P
Pac
Chicago Northwestern
R. I
Chrysler
Coca-Colae
Colorado Fuel and Iron
Commonwealth and
Southe
T Col. Gas
Elec
Tak
Congoleum Nairn
Continental Baking
Continental
Continental Insurance
Continental Motors
Curtis-Wright
Curtiss-Wright
Eastman Kodakeen Eee
Erie
Federal Water Service
Foster Wheeler Ao
Fox Film “A
General Amer
General Electric
General Foods
General Motors Ween
Granby
Great Northern
Grigsby Grunowathan
Goodrich
Goodyear Tire
Gulf States Steel
Bus
Johne-Manville
Esenne
Kansas City Southern
Kennecott Copper
Ac Ewneas
Krueger and Toll Eee
Wwe
Borg? Uicc
Calsnlli Duces Wonudacu
Lambert Co
Esos
Tocecause
Lehn and
Finkes
Liggett and Myers
Lotillard Top
McKeesport Tin
McKesson and Robbins Owe
Cepedasen
Seanes Os
Magma
Mathieson
Miami
Tex
Montgomery Ward
Nash Motors
Biscuit
Distillera
Nevada Cone
N. Y. Central
Norfolk and Western
North Amer
North American Co
Oliver Farm Equip
Otis Eley
Packard Motors Ae
Paramount Publix
Oon
Pathe Exchange
Penick and
Ford
Penney, J. C
Penn Dixie Cement
Pennsylvania R. R
Phillipa Pet
Pillsbury Flour
Proctor and Gamble
Fia Public Service N. J
Cormpo
Nceennseees
Keith Opheum
Remington Rand
Reo Motors Im
Republic Steel
Reynolds
Reynolda
Royal Dutch
Cnannelines
St. Joseph
Im Simmons Bed
Simms Pet. Ee
Sinclair Oil
Southern Calif. Edison
Southern Pacific
Southern Railway
United Carbon
Utilities Power
Cone
Wabash
Ward Baking
Warren Bros Warner Pictures
Wesson
Maryland
Western Union
Westinghouse
Ween
Westinghouse Elec
Willys-Overland Ee Eee
Treasury Receipts and Expenditures Summary
Treasury receipts for June 2 totaled 13 416 085.66 with expenditures of 17 873 995.87 leaving a balance of 508 854 879.20. Customs receipts for the month ending July 22 reached 20 912 932.11.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Market rates steady as call money and loans hold
New York June 24 calls money steady at 1 percent all day. Time loans stay at 60 to 90 days at 14 percent, four months 14 percent, five to six months 14 and 2 percent. Prime commercial paper at 2 2 percent and bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Sugar futures gain as spot price rises in New York
Raw sugar in New York moved up 1/32 to 3.40 cents duty paid for spots while futures stayed firm. About 49,750 tons sold with July to May futures advancing from 1.29 to 1.56. Refined withdrawal demand grew yet prices held steady.
MENTIONED IN THIS ARTICLE
New York
New York Poultry Prices Steady in Market Report
New York poultry prices hold steady with dressed and live poultry unchanged. Broilers by express 17 35, fowls by freight 16 22, by express 15 22. Eggs at 34 402, firm with color grades and extra and medium classes listed for nearby and western Ken nery white and brown varieties.
MENTIONED IN THIS ARTICLE
New York
Express
Freight
Kennery
Butter prices rise as light offerings slow trade
Butter prices advance today in Chicago on light offerings. Buyers supported the uptick while trading remained slow. Fresh: 93 score 234%4 24, 92, 23, and 90 through 88 scores show varied gains. Centralized carrots list similar scores with 23, 22, and 20 percent figures.
MENTIONED IN THIS ARTICLE
Chicago
A. Sai
Cincinnati Produce Market Prices Report
Cincinnati June 24 reported prices with scattered figures for items and grades. Notes indicate a mix of ungraded and nearby lots with small percentage changes across categories.
Cotton and textile prices hold steady in New York market
In New York on June 24 the market for cotton goods remained at yesterday's higher levels for print cloth and some sheetings while buying was subdued. Wool goods stayed firm and silk sold moderately with strong demand in cleanup lines. Burlaps stayed steady to firm and rayon production continued to rise.
MENTIONED IN THIS ARTICLE
New York
Toledo Grain Prices Report June 24
Cash grain on track with nominal rate figures for wheat corn and oats. Wheat No 1 red 74 to 75 cents No 2 red 75 to 76 cents No 3 red 74 to 76 cents. Corn No 2 yellow 57 to 58 cents No 3 yellow 56 to 57 cents. Oats No 2 white 28 to 28.5 cents No 3 white 27 to 28 cents. Seeds unchanged.
MENTIONED IN THIS ARTICLE
Toledo
Pittsburgh Produce Report June 24
Produce demand slow with apples steady to firm across two cars and new stock baskets. Alabama early harvest quoted at 2.75 to 38.00 per 100 baskets. Illinois shipments 3.00 to 3.50. cabbage about steady with 26 cars reported. Ohio Marietta district 100 pound crates listed.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S
Alabama
Illinois
Ohio
Marietta
Virginia
Texas Standard
North Carolina
Louisiana
Market Officials and Exchange Listings Displayed
A catalog of market bodies including the New York Stock Exchange York Curb Exchange and James Be Mann as manager and Jack R Younger as assistant manager appears alongside entries for the New York Cotton Exchange and Chicago Board of Trade.
MENTIONED IN THIS ARTICLE
York Stock Exchange
York Curb Exchange
Richmond Stock Exchange
James BE Mann
New York Cotton Exchange
Chicago Board of Trade
Market Prices for Produce and Dairy Standings
The report lists prices and stock statuses for vegetables and dairy items. Virginia and North Carolina crates and sacks with various weights and varieties show volatile to steady trends. Butter, eggs, and cheese/poultry prices are noted with quality grades and freshness indicators.
Wheat advances as government agency selling cited
In Chicago on June 24 wheat rose despite selling attributed to the Farmers National Grain Corporation, a government sponsored agency. The brief notes the price movement as a notable market shift with limited accompanying details.
MENTIONED IN THIS ARTICLE
Chicago
Farmers National Grain Corporation
Market Report Notes Mixed Crop Prices And Flower Quality
Wheat edged higher on buoyant stocks while corn rose and oats slipped as grain futures fluctuated. Provisions showed modest gains and losses with varied settlements. A garden note ranks flowers by keeping quality from roses to calendulas.
Curb Market Rises Across Stocks With Oil Leads
New York curb trading on June 24 shows broad gains with oil shares climbing. Humble Oil tumbled from 7 to 6 ¾, Vacuum Industries rose to 61 ½ then closed at 61 ½, gaining about 6. Cities Service Plymouth Imperial gained 1 to 3, while Standard of Ohio rose 4 ¼. Electric Bond and Share advanced above 4 ½, and metal stocks like Bunker Hill Newmont and New Jersey Zinc rose about 4 points each.
MENTIONED IN THIS ARTICLE
New York
Humble Oil
Vacuum
Sey
Cities Service
Plymouth
Imperial
Standard of Ohio
Bunker Hill
Newmont
New Jersey Zinc
Pittsburgh Livestock Prices Across Hogs Cattle Sheep Market
June 24 report shows hogs active with gains to 26 cents, packing sows up 50, light weights 130 160 pounds priced 7.00 8.15, heavier hogs 7.60 8.00. cattle listed for steers 900 1,300 pounds 7.00 8.265, vealers 6.25 8.50. sheep and lambs with good to choice ranges 4.50 8.50, yearling wethers 3.00 6.50, ewes 1.00 2.50.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S, Dept
Slaughter P'Gs
Chicago Livestock Market Report Highlights Cattle Hogs Sheep
Chicago market notes show hogs at 18 000 head with steady to uneven prices and lighter weights 140 160 lb range 7 15 7 40 while heavier hogs 260 350 lb fetch 6 25 7 30. Calves 8 000 head and cattle with weak to 25c lower gains mixed, vealers 25 to 50c down, cows 3 25 to 6 00, bulls firm, stockers mixed as buyers hold back. sheep 11 000 with lambs varying and packer bids steady to higher in places.
MENTIONED IN THIS ARTICLE
Chicago
Idaho
Baltimore Livestock Prices Reported by Cattle Type
Baltimore livestock market data for June 24 lists cattle receipts at 100 and sheep and hogs counts at 500 and 300 respectively. Price ranges are given for steers, bulls, cows, heifers, sheep, lambs, and calves across quality tiers, with fresh cows and springers also noted.
Copper Prices Rise Further On Trade Trends
The Associated Press reports copper prices advanced another quarter of a cent amid ongoing trade trends. Market watchers note cautious demand and supply concerns shaping the modest uptick.
MENTIONED IN THIS ARTICLE
Associated Press
Lead and steel trends in early market report
Lead prices rose half a cent in three days to 104.25 cents a pound, with export demand lifting quotations to 8.776 cents C. I. F. European base. The Iron and Steel Trade Review notes a continued drop in steel ingot production, Iron Age estimating 36 percent capacity use down from 38 percent, while Steel cites 36–37 percent and a potential further decline unless market sentiment shifts.
MENTIONED IN THIS ARTICLE
American Smelting and Refining Company
Steel the
Iron and Steel Trade Reviewa
Steel
Wall Street Briefs: Gold Reserve Change and Key Executive Moves
The gold reserve statement shows a decline of $3 012 000 from Canada with no change in gold earmarked for foreign accounts. Howard F Jones resigns as vice president in charge of finance and treasurer of Standard Oil Ohio effective July 1 after 39 years with the firm. George B Cortelyou Jr announces over 6 million dollars will be paid June 30 to 100 000 holders of North American Trust shares fixed investment trust equal to 30 cents per share.
MENTIONED IN THIS ARTICLE
New York
New Yorkee Reserve Bank
Canada
W. T. Holliday
Standard Oil Company
Ohio
Howard F. Jones
Mr. Jones
John D. Rockefeller Sr
George B. Cortelyou Jr
Distributors Group, Inc
Pope and Mussolini Agree to Conference on Lay Clubs
Rome June 24 The pope and Premier Mussolini will convene a diplomatic conference to discuss laymen clubs allowed by the church in Italy. Italy sent a note to the Holy See via Count de Vecchi confirming the conversation plan. Progress appears in the lingering apology demand, now reportedly settled.
MENTIONED IN THIS ARTICLE
Rome
Mussolini
Italy
Vatican
Holy See
Count de Vecchi
Round Trip Flight Lands From Warsaw to England
British flyers Neville Stack and J R Chaplin completed a round trip flight between England and Warsaw in about 15 hours. They started from Heston Airdrome early morning and arrived in Warsaw just after noon, departing two hours later for Croydon.
MENTIONED IN THIS ARTICLE
Croydon
England
Neville Stack
J. R. Chaplin
Warsaw
Heston Airdrome
Jury Recommends Indictment of Pittsburgh Mayor Kline
A Pittsburgh grand jury recommended indicting Mayor Charles H. Kline and Bertram L. Succop on misdemeanor in office charges tied to the city supplies department. The panel cited irregular contracts and purchases not approved by ordinance, with the jury to continue hearings on broader matters.
MENTIONED IN THIS ARTICLE
Pittsburgh
Charles HW. Kline
Bertram L. Succop
City Department of Supplies
George W. Moore
Andrew T. Park
Allegheny County
Kline
Supplies Department
Grand Jury
Better Service Club Meet Tonight At Bluefield Station
The Bluefield Better Service club of the Norfolk and Western Railway will hold its monthly meeting tonight June 25 at 7 45 at the Bluefield freight station auditorium. Rev R Homer Anderson president of Virginia Synod will give an address and a fine program has been arranged. A good attendance is expected.
MENTIONED IN THIS ARTICLE
Bluefield
Youth Drowns Swimming at Blennerhassett Island
Robert Wright sixteen drowned while swimming in the Ohio river near Blennerhassett Island. His companions did not hear his calls and did not realize he was in danger.
MENTIONED IN THIS ARTICLE
Parkersburg
W. Va
Robert Wright
Ohio River
Blennerhassett Island
Also Mentioned on This Page
Street
Standard Statistics Co
Atty
Owe
R.r.ut
Enone
C. B
Hancock Investments
Binefield
West Virginia
First National Bank
United States
Liberty
Firat
Fourth
NEW York Poultry
Cincinnati Produce
Cincinnati
Toledo Grain
Bank
The
Luefield, W. VA
N. Y. Stock Exchange
Bryan, Kemp and Company
West Virginian Hotel
Bluefield, W. VA
Jack R. Younger
Tom
Uncle Bim
Bim
Chicago Grain
Pittsburgh Livestock
Chicago Livestock
Baltimore Livestock
Baltimore
BY Sidney Smith
THASE
TOM Properties
Wall Street Briefs
Pope
Better Service Club
Bluefield Avenue
Hale
Fourth Street
Beaver High School
Jos
F. Shelton
Bluefield Ave
Isaac T. Mann
Jamcs Fillwood Jones
O le Alexander
Arthur J. MacBride
R. L. Wallace
H. R. Hawthorne
Pocahontas Fuel Company
Incorporated
ONE Broadway
U. 8
Pocahontan
Great Lakes
Tidewater
Lambert's Point
Sewall's Point
Norfolk and
Newport News, Va
Vey & Agiral
Pocahorta Rog Shoe
New Bedford
Mass
Salem
Mystic Wharf
Beaton
Portland
Maine
Sandusky
Boston, Mass
Spains
Cincinnati, Ohio
Chicago, UL
Detroit, Mi
Moxey, Savon & Co., Ltd
Lime Street Square
London
Pagans
Coal Trading Association
Rotterdam
Frederick Gundersen
A_ 5S
Bergen
BE Pinto Baston& Co., Ltd
Lisbon
A. Henry Com
Rick the Shoulder
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