Markets show selling gains as Wheat recovers and stocks pause
New York June 29 1983 markets moved cautiously amid currency stabilization debates with a selective advance led by specialties. Wheat regained early losses on heat damage data while corn and cotton fell on uncertainty. Declines were led by major issues such as U S Steel and Bethlehem American Can as volume reached 4 592740 shares.
MENTIONED IN THIS ARTICLE
New York
American Ice
Standard Brands
Drug, Inc
Eastman Kodak
Caine
Deere
American Telephone
U. S. Steel
Bethlehem American Can
Westinghouse
Allied Chemical
DuPont
National Biscuit
Standard Oil of New Jersey
Union Pacific
New York Central
Western Union
American Tobacco
National
Industrial
Owens-Illinois
Bond Market Ends Irregular With Brisk U S Rally
The 60 domestic corporate issues average edged up one tenth, with total sales at 16.26 million par value, compared with 19.84 million yesterday. A brighter tone in federal loans supported trading as New York banks halt stressing liquidity.
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New York
United States
New York Stock Exchange Quotations Notice
Exchange quotations listed with telephone contact 1800 for latest trade data and market figures.
Furnished By Bryan Kemp and Company in West Virginia Hotel Building
James E. Mann, manager, listed as a member of Bryan Kemp and Company based in Bluefield West Virginia. The note mentions associations with the New York Stock Exchange and several exchanges including Cotton, Curb, and Chicago Board of Trade, via the Richmond Stock Exchange network.
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West Virginian Hotel
James E. Mann
New York Stock Exchange
New York Cotton Exchange
New York Curb Exchange
Chicago Board of Trade
Richmond Stock Exchange
Treasury Receipts and Outlays for June
Treasury receipts for June 27 totaled 5.28 million dollars with expenditures of 16.78 million and a balance of 937.39 million. Custom duties for the first twenty seven days of June amounted to 19.81 million.
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Washington
Treasury
Pittsburgh Produce Prices Steady Across Regions
June 29 Pittsburgh report shows produce prices drift moderate with apples at 4 per case and 35 per 100 lb. sacks noted for Maine stock. Butter and eggs held firm with varied regional receipts and cheese and poultry unchanged.
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Pittsburgh
U. Ss
Illinois
Virginia
Maine
Ohio
West Virginia
Kentucky
Butter Prices and Carrot Rates Reported
Butter market figures from Chicago on June 29 show 98 as fresh butter with 25 percent fat and various scores. Centralized carrot rates are listed with multiple percentage values and numeric scores for 90 to 88.
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Chicago
Sugar market quiet in New York as prices hold
New York on June 29 saw raw sugar traders steady with most bids at 3.50 and some accepting slightly lower. Few offers above 3.45 found interest while active positions kept prices firm, with 30 400 tons traded and refined prices unchanged at market close.
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New York
Dry goods market firmness amid recovery law uncertainty
In New York on June 29 cotton goods remained firm with sales limited by doubts about recovery law operations. Wood goods stayed very firm though trading was light. Rayon prices rose 5 cents per pound to 66 cents for 150 denier viscose types. Silk goods sold fairly for fall.
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New York
Bond Gains Reported in Liberty and Treasury Purchases
The note details further purchases by out of town institutions that have withdrawn funds from local banks. All listed Liberty and Treasury bonds show gains from 1/32 to 12/32 of a point.
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Liberty and Treasury
Curb Market Ends Ragged Day As Volume Slips
New York curb market slid through erratic moves finishing raggedly. Volume dropped to 582000 shares from 907000 on Wednesday. Specialties showed activity while distillery issues tired after bullish runs. Great Atlantic and Pacific and Axton Fisher scored 8 and 10 points in small turnovers. Utilities closed heavy with Electric Bond and Share American Gas Electric and Commonwealth Edison down 1 to 2 points.
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New York
Great
Atlantic and Pacific
Axton Fisher
American Gaa
Electric
Common Wealth Edison
Government Bonds Market Summary NYC June 29
United States government bonds closed with Liberty 348 yielding 102.20 and First 4%8 at 102.8. Fourth 4%s8 traded 103.1 and Treasury 3%s around 102.13 on June terms.
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New York
United States
Liberty
Treasury
Wheat futures surge as crop damage hints lift prices
Chicago activity shows crop damage in the northwest spurring a sharp advance in wheat futures. Prices climbed to around a dollar per bushel late trading before closing nervously amid volatility.
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Chicago
Northwest
Market Snapshot From Yesterday's Finish
The report notes corn 1 percent lower, oats up 1 percent to 144, and enterovisions unchanged at 12 cents down, reflecting a mixed grains section and steady tolls on the commodity board.
Call Money Market Steady In New York
Call money for the day in New York remains steady at 1 percent with time loans flat across 60 to 90 days and 4 to 5 months at 1 percent. Prime commercial paper quoted at 14 percent. Bankers acceptances unchanged.
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New York
Federal Reserve reports weekly loane to brokers and dealers
Washington announces for the week ending June 28 the New York federal reserve member banks held loane at 764 million dollars, down 11.02 million from the prior week.
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Washington
New York Federal Reserve
Federal Reserve Board
Lancaster Livestock Market Report June 29
Lancaster Pa cattle market fairly active. All slaughter classes steady with week's average. Stockers and feeders steady with top kinds to 6.00 and fair to good 4.75 to 5.50. Calves steady with top dealers 6.50 and selects 7.00. Hoges steady with choice westerns 4.75 to 5.50. Sheep weak to 5.0 lower.
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Lancaster
Pittsburgh
U. S. Dept
Chicago Livestock Prices and Trade Slump Noted
Chicago livestock market report shows Hog price ranges with decline from prior, 10,000 direct sales and 3,000 holdovers. Cattle and calves mostly lower. steer and heifer prices around 5.50 to 6.25 for top, vealers at new season lows. Slaughter cattle and vealers described as in weaker demand with limited high grade selling.
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Chicago
U. S
Celanese Rises Yarn Prices and Zinc Quoted Higher
Celanese corporation of America announces a 5 cent per unit price increase on yarns effective immediately. Prime western zinc quotes rise to 4.5 cents per pound, with East St. Louis seeing a tenth cent advance.
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New York
Celanese Corporation of America Today
Prime Western
East St. Louis
Foreign exchange rates world markets report June 29
Foreign exchange figures show Britain at 4.281% in dollars and 4.28% on cables with 60 day bills at 4.27% France 4.99% all quotes Italy 6.67% Belgium 17.73% Germany 30.50% Holland 50.85% Norway 21.55% Sweden 22.08% Denmark 19.15% Switzerland 24.38% Spain 10.64% Portugal 4.02% Greece 0.72% Poland 14.15% Czechoslovakia 8.80% Yugoslavia 1.70% Austria 14.08% Romania 0.76% Argentina 33.25% Brazil 7.64% Tokyo 27.37% Shanghai 27.76% Hongkong 30.50% Mexico City 27.79% Montreal 109.50% Nominal figures noted.
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Livestock Prices Mixed As Markets Hold Steady
Auction notes show varied cattle and sheep pricing with weight bands and quality grades. Beef cattle range from 5.00 to 7.00 per unit across several weight classes while cows and heifers fetch 3.00 to 5.60, and lambs offer 6.25 to 7.35 with good to choice quality prevalent. Sheep supply remains steady to strong with monger activity improving.
Jersey City Livestock Market Report
Jersey City livestock sale notes June 29 with cattle totaling 1 490 direct and 1 880 including 1 800 direct ready top 7 50 and grades 6 50 7 00. Sheep and lambs 10 540 with direct 6 040. Hogs 1 610 all direct market nominal.
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Jersey City
Baltimore Livestock Cattle Prices June 28
Cattle at Baltimore steady overall with 100 head on hand. Bulls sell from 3.25 to 3.65 for good to choice, 3.00 to 3.25 for medium to good. Feeder cattle priced 5.75 to 6.00 for good to choice, 2.25 to 2.75 for medium to good. Cows range 3.25 to 3.50 for good to choice, 2.50 to 2.75 for medium to good.
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Baltimore
Market Quotes Show Varied Ranges Across Livestock
The daily market notes list prices for cattle heifers and calves, with ranges from fair to good quality. Sheep and lamb values span from 2.50 to 7.25, hogs steady with lights at 4.45 to 4.80, and pigs 3.85 to 4.20. Calves are weak with good to choice at 5.00 and common to medium around 4.50.
Calder Introduces Brass Wire As New Sculpture Medium
In a Pittsburgh market report, livestock prices show steady to weak demand with round totals for dogs cattle calves and lambs. Separate note highlights artist Alexander Calder using brass wire in sculpture signaling a shift in medium choice.
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Alexander Calder
New York Poultry Prices Report From June Thirty
New York June 29 irregular market report shows mixed color poultry at 39 lb medicme 1514 and 1844 1 average checks 12 percent. White and brown eggs unchanged. Dressed poultry firm and unchanged. Live poultry steady with prices unchanged.
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New York
Market Trends and Commodity Prices Report
Fertilizers rise as prices for farm products lift demand and optimism grows in the industry. Dried fruits show light supplies with firm prices as exporters face foreign exchange hurdles. Boston wool market reveals reduced activity but prices stay firm.
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Boston
Leaders Say Criticism Needed to Protect Free Government
Everett Sanders Republican chair warned at a Selingegrove rally that conceding any proposal would admit free government has ended. He argued lawmakers must question executive power and policy, resisting divine right rhetoric as the nation faces an economic crisis.
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Everett Sanders
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Republican State Committee
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Sanders
Engineers' Brotherhood Adopts Insurance Plan
The Brotherhood of Locomotive Engineers tentatively adopted an insurance plan at Cleveland. Delegates will report to home districts and seek local judgment. The press committee calls the plan very intricate and promises no details yet.
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Cleveland
Brotherhood of Locomotive Engineers
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