Stock market closes with sharp rally and liquidation
Investors sent stocks higher at the close after a day of liquidation wiping out earlier losses. Rail and bond shares led the rebound as shorts covered, with declines in steels, crude, shippings, chemicals, and utilities. Notable movers included Southern Pacific, Great Northern, Studebaker, Mexican Petroleum, and American Sugar amid a 1,065,000-share session.
MENTIONED IN THIS ARTICLE
Jong
Steels
Southern Pacifi
Great Northern
Man'st
Studebaker
Mexican Petroleum
American Sugar
Amerie Woglen
Duten
London
Hn International
Adame Express Ares Sas
Aav Ag
Jeter Nickel
Inter Mer Marchee
Acme Corl
Ajax
Barden
Allied Oh & D
Pee Paper AG
One
SON Gar Lign
Caracas
Sui
Kelly Spring
Kennee
Conley Tin
Amer K & Cae
Midvale
Locomobile Co
A & L Nf
Minn & Staw
Am Inter Corp
Missouri Pac
Missouri
Pac
Perfect
T & Rr Se
Amer Locoma Sf
Nevada Conrol
Aggt Radio Co
Amer Ship & Sia
Q & West
Radio Co Pt
Amer Smelt
Norfolk & West
Coal
Mer Sa
Nor & West Pr Wa
Amer Steel Fils
North Amer
Todd
Shipyar
P & Tv
Tel & Tel Ans
Pan-A
P&t
Tel & Tel
Penn Sea
Steel
S Steamship
Peoples
US Steam Corp
William Davies
Ae Cs
Willys Corps
Willys Corn
ZL & Ae
Ae Bo
South Fipe
Doviflara Ae
Vane Stan Gil
Pitts & W Va
Balg
Austin Nichols
Brody Bet
Beth Steel
St . & San Tr
St Louis South
Calif Packing
St Louis
Madian Pac
Sears Roebuck
Sinclair_Oil
Fenziand Oil Fe
Gerafe Pasco
Guffey Gilles
Gt West
Henderson Farm
Hudson Oil
Chi & Nor
Maracaibo
Chim & St P
Chi RI & Pac
Aa Ag
Texan Oil & Ft. A
Au Sano Colom
Texas
Beay Bull
United Tex Pet Uy
Tex Pac C & D
Woodburn Oi
Col & South
Texac
O & South i
Union
United Fruit
Bost & Moni
Hano United
Unitel
Caledonia
Roy Liv
Gandolaria
den & Bia
SAO Endicott
Fisk
Goldfield
Pt &Tg Sae
Theahy
Tang
Jim Butler
Sit
MacNamara S. We
Goodrich
West Union
White Mot
White Oil Co
Prince
Wilson
Rex
St Croix
Success Mining
Sutherland
Tonopah
Bell
Tenowal Phe
United Mastern
Victory Divine
West End Co
Cap Mina
Wilbert Cooper
Allied Pack
T & TP
Gay
Seary
Eat
Swift & Co
Texag
Londa
Open shop urged by Gary at Syracuse graduation
Gary says opportunity is oppressed by unions and praises open shop as the path to equal opportunity. He cites the platform of labor leaders as antithetical to equal protection and argues that all individuals share a common right to opportunity and civil progress.
MENTIONED IN THIS ARTICLE
Gary
SyrAcuse
Jackie Elbert H Gary
Anit- States Steelporation
Syracuse University
Gary Im
Building Prices at Rock Bottom Fall in New York Market
New York sees basic building materials remain cheaply priced with reports of price holds and slight rises for certain items. Prices for brick and cement show mixed movement as freight-rate debates and deferments affect buying, while shipments from brick handlers face strikes and market pressure.
MENTIONED IN THIS ARTICLE
New York
Tube
Dow Service
Hudson
At Washington
Sarex Gn
Viola
Cece
Salt's Co Decides On Mortgage Bonds
At a stockholders meeting in the company offices the issuance of mortgage bonds to 109 was decided, replacing bank loans to create a more permanent, stable form. The rate on first preferred stock rose from 7 to 8 percent.
MENTIONED IN THIS ARTICLE
Salt’s CO
Lina
Satta Textile Works
Focal
Coffee market slips amid weak mood and Brazil chill
The market shows pressure as prices drift and futures fade. Traders note weak sentiment in the stock market and cooler Brazil temperatures dampen crop prospects. Rio de Janeiro exchange shows slight declines while regional prices fall from opening highs. Clearinghouse statements reflect modest banking balances and activity.
MENTIONED IN THIS ARTICLE
Lipteieber
Brazil
Santos
Rio
Metal prices quote at New York Exchange June 14
The New York Metal Exchange lists copper and tin prices with spot and futures quotes. Copper weakness shows in spot and July futures, with varied April to August terms. Tin, electrolytic copper and other metals appear with mixed spot and futures values amid London quotes.
MENTIONED IN THIS ARTICLE
New York
York
Ann
Suby-Aneust
St. Louis
London
Market Notes and Oddities From New York June Market
Market listings show prices for creamery extras Ricdy Grats and state dairy tubs, with Wisconsin whole milk and nearby market figures. A raft scene on the sea interrupts a biblical prayer moment as a character named Lond contemplates survival and a commandment before being interrupted by a companion.
MENTIONED IN THIS ARTICLE
New York
Wisconsin
Fane Young Americas
Grain markets rally then slip on weather and rust
Wheat prices surged to season highs amid hot weather and black rust with July and September contracts advancing before a late retreat as offers increased and harvest progress driven by dry conditions lingered. Corn and oats followed wheat with gains and provisions showed mixed movement on shifting grain fortunes.
MENTIONED IN THIS ARTICLE
Chicago
St.r
Goss
Bridgeport Wholesale Market Report Highlights Slower Trade
The Connecticut Agricultural College Extension Service notes generally slow wholesale produce trade in Bridgeport with softer prices on New potatoes strawberries and green peas. Meats and dairy show steady to firmer tones. livestock prices vary by category with beef veal and lamb ranges noted.
MENTIONED IN THIS ARTICLE
Cantiloupes
Texas
Eastern Shore
Connecticut
Peime
New Haven Line Abandoned Track Between Feeding Hills and Spring Held
Stockholders of the Hartford and Connecticut Western Railroad vote to abandon trackage between Feeding Hills and Spring Field to cut costs and relieve the New Haven system from rentals on the Boston and Albany road five mile right of way. Directors re-elected except A P Flussell of Boston replaces E M Sneath Jr of New York.
MENTIONED IN THIS ARTICLE
New Haven
Tartford and Conecticut Western
Feeding Hills
Spring Held
Bastton & Albany Road
Five Mile
A. P. Flussell
Boston
E. M M. Sneath, Jr
New York
Esile Judge to Settle for 25 Cents on Dollar
The Les le Studer company publishers agreed to settle bankruptcy claims at 25 cents cash on the dollar. Proceedings were before Judge Learned Hand in the United States district court. Principal creditors include William Greer for 742 740, West Virginia Pulp and Papers Company for 494 876, and The Charles Schweindjer Press for 127 734.
MENTIONED IN THIS ARTICLE
Nsw
Lesle Studer Company
United States District
Learned Hand
William Greer
Weat Virginia Pulp and Papers Company
Charles Schweindjer Press
Lead prices cut by American Smelting and Refining Co
The American Smelting and Refining Company today reduced the lead price from 4.75 to 4.30 per pound in New York. The brief market note accompanies stray dialogue about a photo exchange and a joking remark about a closed mouth.
MENTIONED IN THIS ARTICLE
New York
American Smelting and Refining Company Today
Real Estate Transfers and Mortgage Deeds Listed
Realty records show quitclaim deeds and mortgage transfers across multiple streets including Yale Shield Madison Scofield Scofield Scofield and Scofield avenues. Transfers involve Keating, Barbetta, Naslor, Nay lor, Lee, Grant, Pack, Woodford, Barbella, and others with amounts ranging from 1,200 to 5,500 dollars and properties on Drew Place Hillhouse Avenue Madison and Cowell streets.
MENTIONED IN THIS ARTICLE
Craim Deeds
Morris Stachter
Max Stein
Drewplace
Vincent L. Keating
John Wy. Grant
Lenore V. Grant
Yale Street
Richard
Carson C. Pack
Vincent &. Keating
Charles Lee
Rudolph H. Pepp
Shield Avenue
Whitney and Ownes, Inc
Charles Naslor
Margaret Naylor
Glendale Avenue
George Woodford
Harry H Ford
Real
Tuexdo Perk
Samuel W. Beach
Francis E. Besch
Vinceno Barbella
Ida Barbetta
Eizabeth Prunker
Scofield
Elizabeth Plunker
Tomas & Nettleton Company
Sco- Neld Avenue
Realph EE
Charles
ScoMed Avenue
Ralph EH
Charles Greaning
Scofield Avenue
Vincenzo Barbetta
Mechanics and Farmers Savings Bank
Madison Avenue
F. Grace Gruffee
Addie M. Brufie
Meriden Permanent Building and Loan Association
Cowell Street
Willam A. Melt
Waverly Development Company
William H. Mofilt
Beardstey Pili
Aubrey DB
Puller
Harry Bender
Caesar Mich Tre
Jean Macock
H. FW. Davin
Tno
George Wrindman
Grerni
Brother
Frank Ize
Bridgeport Lite Durhilshine Company
C. A. Blitz
Mollie F Fitelson
Samnram
Thomas Lapinsky
Spot cotton steady as middling price cited in NY report
June 11 New York spot cotton quiet with middling at 12.43 cents. Market notes reference low Arline rate bids and a six percent loan context amid broker activity and monetary mentions.
MENTIONED IN THIS ARTICLE
New York
Remo York
Mexico to Resume Interest Payments on Debt
Mexico City reports that interest on the foreign debt will be resumed July 2 and the national budget will be increased by twenty million pesos for that purpose. Acting secretary of the treasury Manuel Padres announced the measure today.
MENTIONED IN THIS ARTICLE
Mexico City
Fimanuel Padres
Treasur
Sugar Refineries Cut Refined Sugar Price to New Low
New York June 18. Federal and Warner Sugar Refineries announced a further drop in refined sugar to 6 cents per pound with 2 percent cash discount, the lowest price in four years despite tariff effects.
MENTIONED IN THIS ARTICLE
New York
Federal
Warner Sugar Refineries
Morgan and Others Finance Cattle Pool
Washington officials announce Morgan and eastern bankers will raise 95 million dollars as half of a livestock loan pool to support the cattle industry. Western bankers to provide the remaining 25.09 million dollars.
MENTIONED IN THIS ARTICLE
Washington
P. Morgan
Treasury
Bankrupt Physician Frank Kopietinsky Files Petition
New Haven June 1 voluntary petition in bankruptcy filed against Frank Kopietinsky of Hartford. Debts total 167000 dollars with assets listed at 182404 dollars.
MENTIONED IN THIS ARTICLE
New Haven
Dankruptcy
Frank Hkvetinsky
Hartford
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Shades
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Rock Bottom
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Coffer
de la Fug
Ask
Aix
Metal Market
Eslie
Manda
Joan
Dunn-Penn Common & Preferred
William J. Hoey & CO
N.Y. Stock Exchange
Broadway
Mexico
Bankruptoe Physfion
Gan
Li Phang Samim
Beneficial Loan Society
Money-Landers, Diberss
Main St
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State
Bank
Comenicuioner
Spt
Chamber of Commerce
American Agricultural
Allis Chalmers
Dillon
Pocket
Stoek
Chicago Stock Exchanges
United States
S S-Ruskay & Co. Sivdabed, Ziock Pech
MOE
Tena Gas Aen
Conn
Hobie
Cities Service. Company
Bankers’ Shares
Bankers
Frederick G. Lalley
First National Bank
Bridgeport
Cunn
William R. Bull
Camm
G. H. Braddock
U. S
BAR
A. M. Wooster
A's Law
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Amcorpo
Fairfeld Ave
Neac Mary
Con
Banking Commission
Jessessessessa
Tue Bemenron Trust
First Mortgage
Guaranty& Trust CO
THE
City National Bank
Main, Cor. Bank St
Ross Mills
Savings and Foreign Exchange