Irregularity 16 Shown In Bonds Irregularity 16 Shown In Bonds
New York June 29 The stock market fell back after a sharp rise last week as profit taking and delays in Mellon Laval talks spurred selling. Bonds and commodities showed some irregularities with wheat and corn inching higher while cotton fell sharply. Rail issues weakened with Atchison Union Pacific and New York Central dropping several points. Major names like United States Steel and Sears Roebuck slid, while a partial rally faltered. Month end settlements influenced money markets with higher long term loan rates and a nominal spread between call money and outside rates.
MENTIONED IN THIS ARTICLE
Paria
Mellon- Laval
Wall Street
Atchison
Union Pacific
New York Central
United States Steel
American Can
Sears Roebuck
Woolworth
Consolidated Gas
American
Kennecott
Anaconda
North American
Johns Manville
American Telephone
Eastman Kodak
Allied Chemical
Auburn Auto
Stock Exchange
Bond Market Declines Across Sectors in Irregular Trading
In New York on June 29 reaction in the bond market was marked by irregular declines and sharply curtailed trading. Most groups showed losses with foreign obligations framing the narrowest declines. Railroad, industrial and public utility issues ended with fractional losses, though brief gains occurred within some segments and the downturn touched all investment ratings.
MENTIONED IN THIS ARTICLE
New York
Hancock Investments and Trust Shares Noted Amid Listed Values
Readable entries show Hancock Investments in Bluefield WV with 70.00 figures, Mullens Grocery Fundamental Trust shares, and Southwest Lumber Co 60.00. A notice marks Cites Service closed on June 29 and a market bid on June 29 noted at 12 percent in Indian Territory.
MENTIONED IN THIS ARTICLE
Mullens Grocery Fundamental Trust
W. M. Litter
Southwest Lumber Co
Indian Territory
Oiel
Jee
Government Bonds Close Mixed in New York Trading
New York June 29 government bonds closed with mixed results as several issues edged higher while others slipped. Treasury 3s and 4s showed differing prints with quotes around 106.7 and 102.28, reflecting fluctuating demand in a cautious market.
MENTIONED IN THIS ARTICLE
New York
Bauote
Ovsecanses
Wbcoceccs
Treasury
Enesavens
Wonwers
Foreign exchange rates and demands listed for major markets
New York June 29 reports irregular foreign exchanges with Britain at 4.86 percent and other currencies quoted in cents. The bulletin lists demand and cable rates for multiple countries including France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Jugoslavia Austria Rumania Argentina Brazil Tokyo Shanghai Montreal Mexico City and more with various percentages and figures.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Rumania
Argentine
Brazil
Tokyo
Shanghai
Montreal
Mexico City
New York Stock Exchange Quotations
James Fe. Mann, manager, and Jack R. Younger, assistant manager, oversee daily stock quotations at the New York Stock Exchange. The brief notice highlights their roles in handling market data and operations.
MENTIONED IN THIS ARTICLE
James FE. Mann
Call Money Rates and Short-Term Loans Mildly Change
New York June 29 call money steady at 1 percent all day. Time loans hold at 60-90 days 14 11 percent, 4 months 11 percent, 5-6 months 14 2 percent. Prime commercial paper 22. Bankers accepts unchanged: 30 days 7, 60-90 days 1, 4 months 1, 5-6 months 1.
MENTIONED IN THIS ARTICLE
New York
Treasury receipts and expenditures for June 26 disclosed
Treasury receipts for June 26 totaled 4,891,883.25 with expenditures of 11,045,21.49 and a balance of 502,438,034.44. Customs receipts for the month to June 26 reached 25,120.20.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Cotton goods rally and rayon demand sustain market
Dry goods reports show cotton goods in better demand at market close while gray goods stay steady. Rayon yarns are scarce for quick delivery with manufacturers expecting steady work through the summer. silk advances sharply at Yokohama and remains firm locally. wood goods stay quiet and firm.
MENTIONED IN THIS ARTICLE
New York
Yokohama
Butter Prices Rise as Demand Shifts in Heat
Butter prices advanced fractions on top scores today with choice offerings scarce. Receipts were affected by unusual heat over the past week, with fresh prices ranging around 98 to 87 cents and central carrots listed at 90 cents amid varied loads.
MENTIONED IN THIS ARTICLE
Chicago
Sugar market steady on light volume and firm futures
Raw sugar held steady in New York trading with limited participation. Futures closed unchanged to two points higher, with modest turnover of 8,050 tons. July through May futures listed from 1.30 to 1.55 and refined grades steady at 4.55.
MENTIONED IN THIS ARTICLE
New York
Pittsburgh Produce Prices United States and Pennsylvania Agr Dept
Produce demand moderate across apples cabbage onions potatoes butter cheese and poultry with varied prices by region. Illinois Indiana Ohio North Carolina Virginia Louisiana markets show steady to higher values with crates barrels sacks and finite counts for each item.
MENTIONED IN THIS ARTICLE
Pittsburgh
U.S
Illinois
Indiana
Ohio
Marietta
Texas
North Carolina
Virginia
Louisiana
Bliss
Hennery
Pittsburgh Livestock Prices Slide on Opening Trade
Pittsburgh June 29 U S Department of Agriculture reports hogs at 2 000 head opening market steady to higher by weight class good and choice hogs light 130-160 pounds 7 80 to 8 10 and larger weights 7 90 to 8 15 packing sows 5 00 to 5 60. Cattle 800 head slow about 25 lower steers 900-1 300 pounds 6 75 to 8 00 heifers 550-850 pounds 6 75 to 7 75 cows 3 50 to 5 00 bulls not listed.
MENTIONED IN THIS ARTICLE
Ittsburgh
U. S&s
Chicago
U. S. Dept
Livestock Auction Prices Include Cattle Sheep Ranges
Beef cuts at 4.25 to 5.00 for cutter to medium, vealers milk fed 6.25 to 8.50, calves 250 to 500 pounds 5.00 to 7.00. Sheep mostly steady with lambs 90 pounds down 6.50 to 8.50, lambs 91 to 100 pounds 5.50 to 8.00, yearling wethers 2.50 to 5.00, wethers 90 to 120 pounds 1.25 to 3.00, ewes 90 to 150 pounds 1.00 to 2.50.
Cur b Market Endures Profit Taking Amid Oil Slump
New York June 29 curb market signals pressure from profit taking as turnover drops to about 400 000 shares with utilities leading declines. Oils hold relatively firm while Gulf Indiana and Cities Service slip fractionally. Socony Vacuum begins when issued trading replacing General Petroleum with share for share exchange pending completion.
MENTIONED IN THIS ARTICLE
New York
Fridey
Vacuum
Plymouth
Gulf, Indiana
Cities
General Petroleum
Standard of N
Cincinnati Produce Quiet Market Report
Cincinnati market notes show Egge quiet and firm with extra firsts at 18 and firste isk seconds at 124 for nearby ungraded produce.
MENTIONED IN THIS ARTICLE
Cincinnati
Egge
Grain prices react to dip in heat wave in Chicago
Chicago June 29 grain market saw prices shift after a reported break in the heat. Oats surged earlier, lifting to 6% cents above two weeks prior while corn topped at 19.5 cents. Wheat closed unsettled with small gains, oats up about 1 to 2 cents, and provisions mixed.
MENTIONED IN THIS ARTICLE
Chicago
Toledo Grain Cash Prices and Feed Values
Toledo June 29 grain and feed prices list cash bids for ice No 1 red 70 71 No 2 red 71 5 No 2 yellow 61 62 No 3 yellow 60 61 Data No 32 white 31 31 No 3 white 30% 21 Red clover cash domestic old 13.50 domestic new 13.75 October 13.75 December 14.00 choice cash old 13.75 cash new 14.09 Alsike cash 14.00
MENTIONED IN THIS ARTICLE
Toledo
New York Poultry Prices Reported for June 29
Market listings show dressed poultry prices for chickens turkeys and fowls with frozen and fresh options. Eggs quoted at 18 688 per dozen with noted firmness. color categories and regional henneries listed with various extras and firsts.
MENTIONED IN THIS ARTICLE
New York
Western Hennery
Pacific Coast
Baltimore Livestock Prices and Receipts Report
Baltimore markets show cattle receipts 30 with steers at 7.25 to 8.00 for good to choice and cows 2.00 to 5.00 depending on grade. Hogs receipts 1,700 with lights 8.00 to 8.30 and heavies 7.00 to 8.00. Calves bring around 4.00.
Chicago Livestock Prices and Market Summary
Chicago market report shows hog total around 40 000 with direct 9 000 and 15 to 25 range declines. early tops at 7 0 7 45 with various weight classes and sow losses. Cattle and calves totaling 14 000 12 000 cattle and 2 000 calves with fed yearlings steady to strong and beef cattle barely steady as stock feeds fluctuate.
For Sale or Rent Bargain Two Houses Hale Addition
For Sale or Rent two houses offered by Jos F Shelton. One six room house with bath full basement furnace heat and hardwood floors in good condition at 2511 Bluefield Avenue Hale Addition. The other house has ten rooms bath basement furnace heat near Beaver High School on Fourth Street. Owner will sell or rent to reliable parties on reasonable terms or long term lease. Call 2660 or visit 2511 Bluefield Ave to view and discuss options.
MENTIONED IN THIS ARTICLE
Bluefield Avenue
Hale Addition
Fourth Street
Beaver High School
Beef and Veal Cattle Prices Across Grades and Weights
The market shows steady veal and steady bulls with varied cattle prices. Slaughter cattle and vealers range from common to good and choice with weights from 600 to 1,500 pounds, while sheep show slowing demand and lower bids across lambs and yearlings.
Trade trends and metal markets show soft furniture demand
May business for the furniture industry was the weakest since December, per Seldman and Selman. Copper rose a quarter cent for the fourth time in a week to 9 cents per pound domestic and 9 1/275 for export. The National Raw Silk exchange in Europe set a new volume record with 5 730 bases traded, surpassing the 5 440 high.
MENTIONED IN THIS ARTICLE
Associated Press
Seldman and
Selman
Sik
Raw Silk Exchange
Weston named industrial commissioner for Erie system
George F. Weston is appointed industrial commissioner of the Erie system effective July 1, succeeding the late officials. The Panhandle Eastern pipeline project will extend from Texas to Oklahoma Kansas Illinois and western Indiana with lateral lines to Jacksonville Decatur Champaign and Danville Illinois. The Sheehan Pipe Line Construction company of Tulsa will build the connections and gas service is slated for August 15. The Young Lee Pipe Line company is chartered with $1,000,000 capital and will jointly own a $2,900,000 pipeline from east Texas to Beaumont with Sun Pipe Line company.
MENTIONED IN THIS ARTICLE
New York
George F. Weston
Erie
C. Be, Ward
Brokaw
Dixon
Garner
McKee
Panhandle
Texas
Oklahoma
Kansas
Illinois
Indiana
Jacksonville
Decatur
Champaign
Danville
Sheehan Pipe Line Construction Company
Tulsa
Okla
Young-Lee Pipe Line Company
Young-Lee Oil Company
Sun Pipe Line Company
East Texas
Beaumont
State Supreme Court Allows Appeal in Ohio County Land Case
Charleston WV June 29. The state supreme court today allowed an appeal to the defendants in the Ohio county case of Ray Sole against Samuel Kindelberger and others. The case involved setting aside deeds to a tract of land and vesting title in Kindelberger to satisfy a claim held by Sole.
MENTIONED IN THIS ARTICLE
Charleston
W. Va
State Supreme Court
Ohio County
Ray Sole
Samuel Kindelberger
Kindelberger
Bole
Governor Declines Action Over Barberton Disturbances
Governor White stated he would take no action regarding last week's Barberton disturbances where injuries occurred due to no official complaint. He said he spoke by phone with the Akron Beacon Journal editor but did not disclose details of the conversation.
MENTIONED IN THIS ARTICLE
Columbus
White
Barberton
John
Akron Beaco Journal
Smith for President Club Papers Filed in Massachusetts
Boston June 29 The Alfred E. Smith for President League of Massachusetts filed with the secretary of state records by Rep James K. Hagan Summerville as chairman. League aims to secure Smith delegates to the next National Democratic convention. Smith carried the state in 1928 the first Democrat since 1912. Hagan says he cemented the party in Massachusetts.
MENTIONED IN THIS ARTICLE
Boston
Alfred EB. Smith
League of Massachusetts
James K. Hagan
Summerville
Hagan
Smith
Smit
Massachusetts
Also Mentioned on This Page
Paris
Lad
Ut'ty
Tot. Ee
Standard Statistics Co
R.r.'utty
N. Y. Stock Exchange
Bluefield, W. VA
New York Stock Exchange
New York Curb
Echmond Stock Exchange
New York Cotton Exchange
Chicago Board of Trade
Jack R. Younger
Adams Express
Kelvinator O
Liggett and Myers B
American Car and Foundry
Lowe's Inc Ee
Louisville
Nashville
Lundrum Steel
American Rolling Mills
McKeesport Tin
American Steel Foundry
McKesson and Robbins Es Il
Magma Copper
Enon
American Tobacco
Mathieson
Miami
Armour B
Missouri, Kansas
Texea
Cence
Associated Drygoods
Atchison, T
F. Ry
Montgomery Ward
Nash Motoreee
Atlantic Coast Line
Wenne Nee
Atlantic Refining
National Biscuit
National Cash Register
Aviation Corporation
National Dairy Producta
Baldwin Locomotive
National Distillers Ween Econom
Baltimore
National Power and Light Mee Eeenn
Bernsdall A
Nevada Consolidated
Bendix Aviation
Best and Co
Wewresee
North American Aviation
Bethlehem Steel
North American Co
Oliver Farm Equipment
Borden and Co
Otis Elevator Ee
Brooklyn-Union Gas
Pacific Gas and Electric
Briggs Manufacturing
Wwee
Byers Pipe— Anon
Pacific Lighting Eees
California Packing
Packard Motors
Awe
Paramount Publix
Canada
Pathe Exchange
Penney, J. C
Cerro de Pasco
Apeeeveunse
Pennsylvania
R. R. Billy
Chesapeake Corporation
Phillips Petroleum Eee
Wenn Ween Wee
Pillsbury Flour
Wwe
Proctor and Gamble Meee Ewer
Mil
Public Service N. J We
Northwestern
U. I
Pacific
Pullman
Col Gas and Electric
Reo Motors
Eee
Republic Stee
Reynolds Tobacco
Royal Dutch
Continental Baking A
Continental Motors -Oe
Seaboard Air Line
Continental Oileee
Shell Union Oil
Meee Wnnen
Crucible Steel
Shattuck
Curtiss-Wright
Simmons Bed
Curtiss-Wright A.eee
Sinclair Oleee
Davison Chemical
Connee
Southern California Edison
Drug, Inc
Wnnne
Southern Pacific
Southern Railway
Connn
Erie Electric Power and Light
Standard Oil of
California
Federal Water Service
Oolaetine
New Jersey
Foster Wheeler
Fox Film A
Stewart Warner Ee
Freeport
Stone and Webster
Studebaker
General Asphalt
Texas Corporation
General Electric —Ae Eee
Texas Gulf Sulphur Ooe
General Foods
Transamerica Corporation Meee Nee
General Public Service
Wee
Underwood Elliott Os
Oe Eee
General Railway Signel
Union Carbide
Gillette Safety
Glidden Co. Es
United Aircraft
United Carbonee Et Hewenn
Graham Paige
United Corporation
United Gas
Impr
Goodyear Tire
U. 8. Steel
United States Steel Aee
Ewnne
Utilities Power and
Lt. A
Hayes Body
Ewe Wene
Vanadium Steel
Eee Ee Eee
Prc Steensenaaly Ga
Hershey Chocolate
Wabash
Houdaille Hershey
Ward Baking
Houston Oil
Hupp Motors
Western Maryland
Western Union
Sovsmousascoes
Int. Bus
Westinghouse Airbrake
Internal Combustion
Westinghouse Elec
Vu International Harvester
Wweene
Willys-Overland
International Shoe
Weaca
Worthington
Sone
Youngstown Sheet and Tube
Pittsburgh Livestock
Cincinnati Produce
Chicago Grain
Toledo Grain
NEW York Poultry
Baltimore Livestock
Chicago Livestock
Jos. F
Shelton
Bluefield Ave
Wall Street Briefs
Guerenty Investment Co
Charleston, W. Va
Charleston, West Viirghha
Isaac T. Mann
James Ellwood Jones
O Ll. Alexander
Arthur J. MacBride
R. L. Wallace
H. R. Hawthorne
Pocahontas Fuel Company
Incorpo
U. 8
Pocahontas Coal Fields
Tidewater
Great Lakes
United States
Atlantic Coast
Lambert's Point
Sewall's Point
Norfolk and
Newport News
Rocay
New Bedford
Mass
Salem
Mase
Mystic Wharf
Beaton
Portland
Maine
Sandusky
Boston, Mass
MOXEY, SAVON @ GO., LTD
Lime Street Square
London
I C
England
Coal Trading Association
Rotterdam
Frederick Gundersen
Bergen
E. Pinto Basto & CO
Lisbon
S.A. Henry Coe & Oolierics
Lomellini
Arthur Feladin
Drottninggatan
Stockholm
Aktieholaget Bergbrun
Gotherburg
Tom Carr
Henrietta Sander
Swe
Hie
Bim Gump
Tom
Emboer
Ark
Bimbo
BY Sidney Smith
Benjamin Gump