Stocks Recover Moderately in Final Hour Trade
New York stocks closed firmer as a broad rally recaptured momentum after a sharp prior setback. Studebaker led gains while many rail and motor stocks posted modest advances. call money rose to 4 percent amid federal draining. Dividends resumed on Dome Mines and Eli Lilly news supported sentiment.
MENTIONED IN THIS ARTICLE
New York
Gilg Motors
Ots
Houg Htork
Studebaker
Leadeca
Wellaigh
Eli Oi
New York Central
Lng
Hiehrsche Marine Company
Ent
General Electric Plant Employment Declines Amid War Peak
General Electric in Schenectady shows employment at 72 percent of normal and 60 percent of maximum, with the local payroll ranging around 13,000 to 14,000 on the parent plant’s rolls. Officials say reductions stem from labor turnover, though the plant may not reach war-time totals, while plans to shift production toward fractions of horsepower motors could raise labor needs.
MENTIONED IN THIS ARTICLE
General Electric Co
Rs Schenectady
Schendtedy
Schenectady
Cheny~ Ad
It .S
Normel
Wheat and corn prices rise on heat and outlook in Midwest markets
Commodity prices in Chicago show wheat surging as heat and drought reports from the west and northwest drive futures. Wheat gains lead, with corn and oats following the ripple effect as government notes of crop stress and seasonal timing push prices higher. provisions rise in step with grain markets.
MENTIONED IN THIS ARTICLE
Chicago
Nebraska
SU Yas
Kately
North Dakota
Northwest
Remington group of independents lose court ruling
The Remington Typewriter Co stockholders protested an annual election alleging irregularities. Judge Wasnerword presided as the hearing revealed one voting inspector may have violated by-laws. Protest cites viva voce votes cast by Vallot and other disputed actions. The case may proceed to appeal by the losing party.
MENTIONED IN THIS ARTICLE
Taited States District Court
Remington Typewriter Co
Steeal
Wasnerword
Vallot Due
Jersey Central Denies Inside Information in Sale Case
In Philadelphia on June 14, Jersey Central of New Jersey denied claims that Jackson E Reynald Syndicats of New York had inside information on the financial condition of the Lehigh and Wilkes-Barre Coal Company enabling a successful bid for its stock. The stock sale was ordered by the United States court to dissolve the Reading company and its coal and railway divisions. Isaac and Mary T. W Starz, stockholders of the Central railroad, gained intervention after insurance firms withdrew protests. The response mirrors an earlier protest by the insurance firms.
MENTIONED IN THIS ARTICLE
Philadelphia
Jackson E. Reynald Syndicats of
New York
Lethel End Wilkes- Barre
Federal District Court
Central “Ranfreld Company
New Jersey
Wee
Uinited States Court
Reading Company
Isaac and
Mary T. Wi. Starz
Central Railroad
Conczinental Insurance Company
Fidelity-Phoenix Fire Insurance Company
Nean Fork
Victory 33 4 Bonds Interest Ceases Today
Washington reports that interest on all three and four fifths per cent Victory notes ceases today with payment and redemption to follow. Secretary Melton states redemption of the notes announced in February has reduced outstanding obligations to about 240 million dollars from 140 million redeemed. Tax collections for the second installment of 1928 taxes are expected to reach around 300 million dollars tomorrow.
MENTIONED IN THIS ARTICLE
Washington
Victory
Melton
Foreign exchange gains and declines across major currencies
The New York foreign exchange market shows modest improvements and declines across key currencies. Sterling rises about half a cent from yesterday’s low. German mark and Austrian currencies also show changes. Notable rates include 455.69 for a quoted instrument, with various spot and forward figures cited for Paris, Antwerp, Amsterdam, Vienna and Stockholm among others, reflecting mixed demand and remittance activity.
MENTIONED IN THIS ARTICLE
New York
Jane
Germas
Park
Antwerp
Amsterdam
Platamen SB
Vienna
Crown Ae
Stockholm
Christiania Cary
Conenbia
Local Market Heist Reported With Lost Flats and Goods
A fragmentary New York area note describes a market theft near a local firm. Items stolen include flats and extras from Cheosa market, with references to nearby streets and a nighttime incident. Details are unclear due to OCR damage but indicate a crime in progress or recent event.
MENTIONED IN THIS ARTICLE
Ereaimary
Etate Saar
Frean
Smilie
Money News New York Bond Rates Summary
Money market notes from New York report stronger money contraints with high rates around 4 and closing bids at 1 2 ofered as 4 Iast loan against ace coplaccos 3 3%
MENTIONED IN THIS ARTICLE
New York
Wages rise after war period, study finds
A Department of Labor study shows union wages closed the war period at 22% above 1865 levels, with prices rising earlier. Shortages in construction, auto, and skilled trades drive demand, hinting at further wage increases as prosperity grows and immigration tightens.
MENTIONED IN THIS ARTICLE
Washington
Department of Labor
Sedias
New Jersey
New England
Dare
Collery
Central
Middlewest
Ator Perity
United States
Cme
Harding Hosts Humorous Gift Exchange Memorial Visit
President Harding dedicates a memorial and shares anecdotes about gifts and souvenirs gathered since inauguration. The scene in the study features a trophy room of tokens including pipes, moccasins, a silver cup, a sombrero, and a rare tobacco plug shown to Senator Nelson, who reacts with good humor as Harding jokes about keeping mementos.
MENTIONED IN THIS ARTICLE
Marding
Marion
White House
Ch Jie
Onn
Minnenors
Sen- Ison
Inok
Nelsen
Benator Nalson
Harding
Nelson
McCumber Attacks Anti Tariff Press and Prices
Senator McCumber denounces anti tariff press and high foreign prices. He cites examples from Germany, France, and imported goods sold in New York to slam alleged fraud on American labor and claim newspapers rely on advertisers for revenue while opposing tariff measures. He accuses New York and Boston papers of bias and asserts most papers oppose tariffs via hidden agendas.
MENTIONED IN THIS ARTICLE
Underwood
McCwymbar
Jariff
Venanus
Senate
McCumber
Germany
New York
France
America
McCummer
Pha
Shetg
Moston
Senator Ladd
New York Tribune
New York Ferald
Boston Herald
Olober
Mexican bonds recover sharply on loan report
Mexican bonds rose sharply after a loan report as foreign debt concerns eased. The market showed gains across several issues including Cuban and Canadian government securities, with domestic rails and utilities posting mixed moves. Cleveland Union Terminals issued a new mortgage bond at par and quickly sold, totaling about 14.7 million dollars.
MENTIONED IN THIS ARTICLE
Yang
Mons
Actaung
Jmindo
Teguluy Fa
Advanced & Paints
Soveramens
Taurtjelpais
Canada
New Haven
Saylig
Baltimore and
Ohio
Chicago
Alton
Peoria
Atlantic Fruit
Brooklyn
Kansas City
Southern Bs
Peinta
United Drug
Interborough ‘Rapid Transit
Missouriacific
Southern Railway
le Liberty
Cleveland Union
Market gains on curb exchanges prompt mixed trading
June 14 reports say Commission house buying and short covering pushed some stocks higher on the Curb Exchanges. Beech Nut rose on strong earnings and proposed dividend increase, Hudson Motor active with impending listing, Invernation Carbon expected to list, and mixed moves across Panhard Gis, American Oil, and other issues amid cautious profit taking and sector shifts.
MENTIONED IN THIS ARTICLE
Hudson Motor
Stock Exchange
Tedal
Invernatio Carbon Company
London
Independentals
Simms Detro- Jeum
Skelly
Moxican Seaboard
Marine Oi
Salt Creek
Sinclair-Mammoth
Packard
Wey Lakes
Thetail
Tobacco Products
Parson Umits
Swift International
Record Holder to Race for 1500 Prize at Velodrome
Victor Inart, holder of the world motor Toneed Life title, returns to race against three paced champions at New York Velodrome on Tuesday. Opponents include George Chapman American champion of 1932, Henri Anderson Danish champion, and Vincent Maddora, late distance rider and top point winner last year. Campaign against the coin centers in big cities amid imposter ads, as McCamer complains about press bias.
MENTIONED IN THIS ARTICLE
New York
Victor Inart
Ais
Linart
George Chapman
Henri Anderson
Lesampion
Eactyl
Norwalk bank to reorganize as a trust company
Fairfield County National Bank of Norwalk shareholders approve liquidation and reorganization into Fairfield County Bank & Trust Co under a state charter. Board to transfer assets and complete legal steps within two to three months. The move follows approval at a special meeting of 1792 of 2090 shares and involves Central Trust Co. of Norwalk challenging national status.
MENTIONED IN THIS ARTICLE
Fairfeld County National
Bank of Norwalk
Bank and National Bank
24 & Bank and Trust Company
Connecticut Ins
Banig
Naltonal Bank
Central Trust
National Bank
Geocarter 8
Fairfield County National Bank
Es & Bank and Trust Company
Fairfeld County Bank & Trust Co
Norwalk
Ree
Rasetu
Palriicle County National Bank
Fairfield County Bank & Trust Co
National Banic
Davis & Goldsmith
Natewali
Miller elected president of Lake Co after family deaths
J H J Miller was elected president of Lake Co by the board, with Terbert Miller and Benny TJ Milton among directors. The term followed the recent death of a brother and a widow’s grief, and Miller was reelected to the board at the annual meeting held February 2.
MENTIONED IN THIS ARTICLE
Benny TJ. Milton
Ci Ag Lean
Terbert
Miller
Svho
Ate
Borré of
Realty Records Warranty Deeds and Property Transfers
Real estate deeds list multiple transfers including Amietta Chiarpazolil to Amietta and Elvera Chiaragzellis, Nichols Street and Hough Avenue properties, and mortgages. Transactions mention City National Bank, First National Walk to Sebnee, Barthe M. Hurlock to Bridgeport Rand and Thie, and parcels on Nicholas Street, Hough Avenue with values of 40000 and 2000.
MENTIONED IN THIS ARTICLE
Amietta
Chiarpazolil
Chiarpnzolil
Michels Street
Hough
City National Bank
Burr Perry
Alfrey Giman
Sebnee
Nichols Street
Houghmento
Sehnee
Schnee
Elvera Chiaragzellis
Elevra Ghisranzal
C C Refuses To Modify Rail Order
Washington June 14 The Interstate Commerce Commission refused a petition by several railroads to modify its recent order authorizing the New York Central to acquire control of the Chicago River and Indiana Railway and for the Chicago River and Indiana Railroad to lease the Chicago Junction Railway.
MENTIONED IN THIS ARTICLE
Washington
Inkterstte Commerce Commission
New York Central Raiload Company
Chicago Fiver
Indiana Rellraad
Chicago River
Indiana
Bank Charged With Conspiracy Over Patent Leather Case
Newark June 14 The Federal anti trust suit accuses a local bank and four managers of conspiring to ruin the patent leather business of P. Reilly and Ben insolvent leather makers. The claimants say the bank pressured Reilly to stop buying hides and turn over its patent leather process to General Leather. The Newark Union Trust Company received permission to file under federal trust law.
MENTIONED IN THIS ARTICLE
Neware
And
Newars Bank
P. Reilly
Ben
Union Trust Company
Amolg
Bank
pMcme
Sbaspiracy
Interstac
Felix Fism
General Leather Companys
Accorstanty Tet Obargen
Jbamie
National Newark and
Thes Rellly
Frm 1
Relily Company
Metal Market News Summary for New York
Market notes from New York on June 14 report steady electrolytic spot and futures for copper and lead. Antimony prices show a firm bid around 6.37, with East St. Louis spot and nearby delivery quoted at 1.42 and other base metals described as stable.
MENTIONED IN THIS ARTICLE
New York
Junr
St. Louis
Also Mentioned on This Page
Shorts
General Electric
TS. AN
Areque Gay
mid-Uplands
Pitts
Remington Group
Gourt Gase
Jersey Central
Jules
Ajax Rub
CG & Co
Addy
Ian O
Aday
Ios
Beth Steel
Cal & N
Chile
Goodrich
Jewel & Afm
Lacka
Marth
R. Oh
Peoples Gas
Nia Co
Pierce A. Pe
Pieres
Union
Inc
Alco
Utah
Ely
Yao
West Union
Willys Gy
Wil Oyer
Science Service
Ilc
Key
N’cumber Flays Anti-Tartff Press
Gurb Market
Norwalk Bank
Fairfield County Institution
J H. J. Miller
Lake CO
C. C
Sune
Metal Market
Legal Yates
Suall Qusy
Webo
Equitable Industrial Loan Society, Inc
Fairfield Ave
Bridgeport
Cubarby
Thor
Jand
Public Utility Investments
Bridgeport Hydraulic CO
Commonwealth Power Corp
Go & Int
Connecticut Light & Power CO
West Penn, Power Company
Hartford Electric Light CO
Electric Bond & Share CO
Hincks Bros. & CO
New York Stock Exchange Investment Sankers
Main Street
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