Railroad and utility stocks push to new highs in market rally
Industrials lead a broad advance as Norfolk and Western stabilizes near peak levels. Wright and Curtiss plan a major airplane merger while Wall Street weighs a 2 for 1 split of U S Steel. Strong profits highlight the session.
MENTIONED IN THIS ARTICLE
Norfolk and Western
Wright and Curtiss
Wall Street
U. S. Steel
Market Rally Lifts Rail and Utility Averages to New Highs
Strong rallying tendencies push railroad and public utility averages to record highs while the industrial average nears the May peak. Trading reaches 4,029,740 shares as bankers eye money market trends and speculation swirls around proposed stock splits and aviation consolidations.
MENTIONED IN THIS ARTICLE
Claude A. Jagger
New York
Wall Street
Federal Reserve
U. S. Steel
United Corporation
Baldwin Locomotive Company
Wright
Curtiss
American Can
Chrysler
General Motors
Packard Motors
General Electric
Allied Chemical
Allis Chalmers
International Telephone
Public Service of New Jersey
Westinghouse Electric
Auburn Motors
Kinney Company
National Dairy Products
Timken Roller Bearing
Atchison, Pennsylvania
Chesapeake Ohio
Union Pacific
Norfolk and Western
Cains
Convertibles Drive Bond Market Rally on June New York
Spectacular convertible performances overshadowed bond issues without stock privilege. Advances ranged from 1 1 2 to 4 2 points with American Telephone 4s at 1 700 000 par value and Norfolk and Western converts up 4 2 to 234 on light turnover. Japanese bonds led foreign list while industrials and utilities saw mixed moves.
MENTIONED IN THIS ARTICLE
New York
Atchison
International Telephone
Norfolk and Western
Liggett ‘Ad Mevers
National
United Staes
New York Stocks Wide Mix As Energy Watches Lead
A broad session for New York stocks saw uneven moves with energy related names leading gains while utilities and transport issues lagged. Major players included Consolidated Gas, Kennecott, Reynolds Metals, and Texaco amid a volatile trading day with no single clear trend.
Government Bonds Prices From New York Market
On June 26 the Liberty 3% bond stood at 96.10 while First 4% traded near 99. Fourth 44s quoted 99.10. Treasury 2% at 107.17 and Treasury 4% at 104.2. Treasury 3% near 101.8 and another 3% at 97.1.
MENTIONED IN THIS ARTICLE
New York
Liberty
Treasury
Money markets hold steady with slight loan easing
In New York on June 26 money rates remained steady as 10 percent for the day. Time loans eased with 30 days at 8 percent, 60 to 90 days at 8 percent, and 4 to 6 months at 7 4 percent. Prime commercial paper and bankers acceptances were unchanged.
MENTIONED IN THIS ARTICLE
New York
Bankers
Foreign exchange rates steady in New York on June 26
The market posted steady quotations with Great Britain at 4.84 5-16 dollars for demand and 484 13-16 on cables. France at 3.90 15-16 demand and 3.91 3-16 cables. Italy 5.22 12-16 demand and 6.233-16 cables. Various country demands listed including Belgium, Germany, Holland, Norway, Sweden, Denmark, Switzerland, Spain, Greece, Poland, Czecho-Slovakia, Yugoslavia, Austria, Romania, Argentina, Brazil, Taklo, Shanghai, and Montreal.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Grea Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakia
Jugo-Slavia
Austria
Rumania
Argentine
Brazil
Taklo
Shanghai
Montreal
Produce market report from Pittsburgh on June 26
U S Department of Agriculture notes moderate demand for cabbage with 18 cars steady and prices from 3.00 to 2.50 per 10 lb crate. Onions show 14 cars steady with yellow crates priced 1.75 to 1.90 and whites 2.25 to 2.50 per 59 lb sack. Potatoes: 76 cars steady in barrels.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S. Dept. Agriculture
Ohio
Texas
California
Notice of absence from office on property inspections
From June 25th to July Sth inclusive, I will be absent from my office while inspecting properties of Cities Service Company in the West. Business will be handled by my office as if I were present. After office hours, call Eligabeth G. Cassell at 1963-J B. Hancock.
MENTIONED IN THIS ARTICLE
Cities Service Company
Market quotes for grains and agricultural goods
No. 1 cobblers in North Carolina fetch 3.75 to 3.90 per sack while old stock remains dull. Michigan rurals trade 0.75 to 1.25. Maine Green Mountains offer 1.25 to 1.50. Large 150 lb sacks noted.
MENTIONED IN THIS ARTICLE
Cobblers
North Carolina
Old Stock Dull
Michigan Rurals
Maine Green Mts
Poultry Prices Reported in New York Market
New York market notes show dressed poultry steady with fresh or frozen chickens at 30 to 46 cents. live poultry steady and unchanged. Eyes firmer with receipts totaling 31,004. Nearby hennery white sold as closely selected extra at 38.40, nearby and western hennery white to average 33.40 cents.
MENTIONED IN THIS ARTICLE
New York
Raw sugar steady amid small July shipment sale
New York June 26 report notes a single sale of 20,000 hogsheads of Cuban raw sugar to an operator for July shipment at 2.58 duty paid. July futures ease 3 to 6 points. total approximate sales 77,950 tons with July 1.71 and May 2.07 in nearby months. No refined price changes.
MENTIONED IN THIS ARTICLE
New York
Butter price advance prompts speculative buying in Chicago
Chicago on June 26 reports top butter prices rise due to speculative buying. The market shows barely steady to steady across grades with fresh scores ranging from 93 to 87 and centralized scores from 90 to 88.
MENTIONED IN THIS ARTICLE
Chicago
Wheat closes little changed as rains temper grain trade
Chicago reports wheat prices finishing nearly unchanged from the prior day with gains in corn and oats mixed. Rains aiding the spring wheat crop weigh on values while domestic crop advices from the southwest and northwest temper the market. Provisions hold steady with minor losses.
MENTIONED IN THIS ARTICLE
Chicago
Genada
L&ec
Dry goods markets hold steady in New York trade
Cotton gray goods markets were unchanged in New York on June 26 with steady levels. Cotton yarns showed slight improvement with prices easing in larger distributing centers. Burlaps remained quiet and unchanged while spot raw silks and silk merchandise stayed firm or quiet.
MENTIONED IN THIS ARTICLE
New York
Grain prices report from Toledo market
Toledo grain prices for June 26 show oats No 2 white at 49 50 percent, barley No 2 at 63 percent, timothy cash old and new at 2.70.
MENTIONED IN THIS ARTICLE
Toledo
Timothy
Baltimore Livestock Prices and Receipts Summary
Baltimore market reports cattle receipts with steers and heifers priced by quality. Cows and bulls show a range from 8.25 to 16.00, while sheep lambs and hogs list varied per weight class. Calves and pigs round out the day’s animal market values and volumes.
Pittsburgh Livestock Prices and Receipts June 26
Hog receipts 2700 with prices mostly 10.75 to 11.65 for heavies to lights. Cattle receipts none for cattle, varied steers and heifers with 12.75 to 14.65 for heavies, 9.00 to 12.50 for middling cows and cutters. Calves 250 with vealers around 15.50 and milk fed good to choice up to 10.50 4.50.
MENTIONED IN THIS ARTICLE
Baltimore
Pittsburgh
U. S
Livestock Market Prices and Culling Notes
Market report lists prices for sheep and cattle ranges. Culls mostly low quality at 2.00 to 6.00 with various weights noted. Weak demand yields slow sales and mixed lots from 80 to 150 pounds highlighted.
Chicago Livestock Prices and Receipts Summary
Chicago livestock market report shows hogs receipts 1,000 with 4,600 direct. prices 15 to 25 cents lower, top around 11.15 for 160-230 lb hogs, sows 9.00 to 10.09, pigs 10.00 to 11.00. Cattle receipts 6,500 and calves 2,500 with better fed cattle steady to strong, heavy steers best action. slaughter steers 13.75 to 15.60 for 1,300-1,500 lb range. light grass cattle down to 9.00 and below.
MENTIONED IN THIS ARTICLE
Chicago
U. S. Dept. of Agriculture
Livestock Market Prices and Receipts For Week
Receipts total about 12 000 head with steady native lambs and Western offerings. Prices vary by weight and grade for cattle, calves, bulls, and feeder lambs with medians around 11 to 15 dollars per hundredweight.
Clubbing a Husband staged by Torch Bearers class
A humorous local play titled Clubbing a Husband will be performed by the Torch Bearers class of Midway Christian church at 8 pm in the Sted Men's ball on Bluefield avenue. The production features twelve local players directed by Mrs. Alvey Farthing and is presented under the Degree of Honor League of the lodge.
MENTIONED IN THIS ARTICLE
Midway Christian Church
Sted
Bluefield Avenue
Degree of Honor League of the
Lodge
Alvey Farthing
Children Boost Parade for Lynn Tercentenary
Lynn Massachusetts June 26 an unusual civic effort fuels the tercentenary celebrations with more than 6000 students taking part in a floral and historical parade July 1 featuring twenty floats. Parents and friends contributed 20000 hours of work and children paid 50 cents each for costumes. The event will also include 12000 members of military fraternal and civic orders.
MENTIONED IN THIS ARTICLE
Lynn
Mass
Millionaire Signs Drastic Labor Bill in Wisconsin
Madison June 26 Governor Walter J Kobler signed a far reaching labor measure dubbed the yellow dog contract bill. It voids contracts barring employees from joining unions and bans agreements by farmers to refrain from cooperative marketing associations. Similar bills failed in 47 states. Wisconsin passed the measure.
MENTIONED IN THIS ARTICLE
Madison
Wis
Walter J. Kobler
American Federation of Labor
Wisconeln
Death of Mose Hardnett Colored Reveals Alcohol Poisoning
Mose Hardnett colored, found dead in bed at his West Main Street home, died likely a few hours after going to bed Tuesday night. An inquest led by coroner J. T. Bivens found alcohol poisoning followed by an epileptic convulsion as the cause, with the body discovered by his mother Ella Hardnett at 6:30 a.m. Wednesday. Hardnett, a World War II veteran, was well known in town and funeral plans were not set as of yesterday.
MENTIONED IN THIS ARTICLE
Mose Hardnett
Hardnett
Ella Hardnett
Mose
West Main Street
T. Bivens
W. H. Wallingford
Ht. B. Broyles
W. L. Stinnett
A. C Vines
P. R. Wilson
Walter Kesesinger
T. H. Holt Mose Hardnett
Women’s Club Members Urged to Sell Chautauqua Tickets
Mrs J L Fry president asks all club members to buy and sell tickets this week to back Redpath guarantors for Princeton Chautauqua. Three wishing tickets available from Mrs G B Halstead who will assign selling territories.
MENTIONED IN THIS ARTICLE
Woman's Club
JL. H. Fry
Redpeth
Princeton
G. B. Halstead
Redpath Chautauqua
Chautauqua Ticket Sale推进计划与开幕安排
Guarantors meet at 7 o'clock at the Presbyterian church to finalize arrangements for the season ticket sale. The chautauqua tent will be erected on Friday with the program starting Saturday, and admission money goes to the chautauqua bureau.
MENTIONED IN THIS ARTICLE
Chautauqua Bureau
Presbyterian Church
Chautauqua
Social Visit Notice From Local Households
Mrs. Guy Baker of Henry street hosts Misa Naomi as a guest. Foreman of Mobile Alabama plus Mr and Mrs Claude A Deyerle and their Lynchburg Virginia baby visit B K Deyerle on College street.
MENTIONED IN THIS ARTICLE
Guy Baker
Henry Street
Misa Naomi! Foreman
Mobile
Ala
Claude A. Deyerle and Baby
Lynchburg, Va
Mr. Deyerle
B. K. Deyerle
College Street
West Virginia Worker Fractures Leg In Pipe Accident
Fe Gibson, 21, employee of the West Virginia Water Service company, suffers a leg fracture when a pipe he and others were carrying falls on him on Whitethorn Street during six inch water line extensions. He is treated at the Bluefield sanitarium.
MENTIONED IN THIS ARTICLE
FE. J. Gibson
West Virginia Water Service Company
Whitethorn Street
Gibson
Bluefield Sanitarium
Meager Receipts for Cards at Houston Park
The St. Louis Cardinals investment at Houston Park appears likely to yield a poor return this season as attendance stays light. Last year the Houston Buffaloes led by five games at mid-June. this season the Junior Cards sit in last place with slim chances to climb out.
MENTIONED IN THIS ARTICLE
Houston
Tex
St. Louis Cardinals
Houston Buffaloes
Carda
Summer Squeaks and Oils for Household Devices
Squeaky doors and hinges worsen in heat as lubricants dry quickly. Regularly inspect and oil all mechanical devices around the home to prevent wear and keep machines functioning.
The Gumps of Catching Fish Relegate Crafl Baibarous Fis Hook
An odd tale centers on efforts to place the Crafl Baibarous fis hook in a museum. Torture devices from the medieval era are cited as context for the historical artifact.
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Associated Press
Indus
Moses Hyman
First National Bank Building
Welch
Turkey
Gav Coal
Vera Pocahontas Coal
Welch Armature
Wascott Cor
Northfork Finance Sterling Hardware
Pocahontas Fuel Common
U. S Steel
Lule War Creek
Seegseeveeses
Rysier
Hudson OL
Kennecott
Krogeta
Mack Traeke
Cotegberss Marland
Ppc
Shell Trion
Stand
Texas Corp
Texas Sulphur
Weatinghee al
Weatinghee Rec Woolworth
Wright Ah Nat Cash
Penney
Sim Petrol Bales Pacific
Youngetn Sh
Tb NY Sre
Oecesse Eevess Nyn
Hand Iiira Oeere
WRM
Nce
Ccvv
Norpean Orseeeteeenese
Phila Pwo and
Truss
Pitt
Consol Skelly
South Pacific
South Rly
Cal
Warner Bros OU
N Western Ma
Eligabeth G. Cassell
Hancock
Investments
Bluefield
West Virginia
Fivet National Bank
Little War Creek
PY Ahern
Mal DE Mar
Atlantic
Mariaer
Chicago Grain
Toledo Grain
Baltimore Livestock
Pittsburgh Livestock
Chicago Livestock
MONEY
First National Bank
Bluefield, W. VA
E. J. Gibson
This City
Houston Park
Isaac T. Mann
James Ellwood Jones
C. L. Alexander
Arthur J. MacBride
TK. L. Wallace
HM. R. Hawthorne
Pocahontas Fuel Company
ONE Broadway
Pocahontas” Coal “Reg
U S&s. Pat
Pocahontas
Udewater
Great Lakes
United Stata
Tidewater Piens
Lambert's Point
Sewall's Point
Norfolk and
Newport News
New Bedford
Salem, Mass
Mystic Wharf
Boston
Portland, Maine
Sandusky
North, Va
Sins” W Va
Cincinnati, Ohio
Chicago, UK
Detroit, MI
Moxey, Savon & CO. Ltd
Lime Street Square
London
B. C
England
TION
Rotterdam
Frederick Gundersen
BK. Pinto Basto & CO. Ltd
Lisbon
Keval
COR & Clerics
Lomental
Genos
Arthur ‘Prudin
Drottninggalan
Stockholm
Bergbrun
Veothenburg
BY M’manus
Maggie LI
Service, Inc
Britain
Vias
Beautiful Maggie
DANS
Lake Geneva
Andy Gump
BY Sidney Smith
Sigge
GUMP
Tate