Advances Scored in Stock Market Despite Weak Points
New York traders pushed the general stock list higher amid bullish buying in motors rail and high priced industrials. GM led gains near 2043-8 while Dupont Chrysler and St. Louis Southwestern posted notable moves. debt and currency markets remained steady as notable dividends and speculation influenced close.
MENTIONED IN THIS ARTICLE
General Motors
Rails
New York
Associated Press
Yellow Truck
Wall Street
Dupont
Chrysler
St. Louis Southwestern
Rock Island
Ontario
Chicago
New Haven
Norfolk
Rubber Market Breaks 430 Points in New York
In New York on June 16, the rubber market saw a sensational drop of 1906 to 140 points amid heavy liquidation spurred by London’s 78 to 118 point fall. Since May 6, July local market positions lost eight cents per pound as long-held rubber was sold, but covering by earlier sellers and demand from large houses lifted prices, ending the day 30 to 50 points higher from the nadir.
MENTIONED IN THIS ARTICLE
Norfolk and Western
Louisville
Nashville
Texas and Pacific
New York Federal Reserve
Arnold Constable
Christie Brown Eastman Kodak
Erle Steam Shovel
National Enameling
New York
Associated Press
London
Prices for Eggs and Produce Show Mixed Gains
Market notes report firmer egg receipts at 28 802 with fresh gathered firsts 22 1 23 to 23 and seconds 21 1 2 to 223. Fresh storage packed 22 1 2 to 3. Nearby hennery whites and extras 41 to 3, whites firsts to 25 30. Pacific Coast whites extras 32 to 34. Potatoes steady with 70 car recounts, Maine old. Green Mountain 5.00 to 5.50. Cabbages Virginia white per 11 3 bushel hamper 2.56 to 3.00. Butter steady receipts 12 723 creameries higher than extras 42 1 2 to 43.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Western
Pacific Coast
Maine
Green Mountain
North Carolina
Virginia
Brisk curb market buying lifts high priced issues in New York
Brisk buying in high priced specialties and renewed public shares accumulation gave the curb market a confident look. Advances ranged 1 to 5 points with volume light. Celanese of America rose 4 points. preferred about 4. Publishing houses like Conde Nast and Canio Press gained. Prairie Pipe Line hit a day high of 182 and gained 2 points. notable strength in public utilities including American Gas and Electric and National Electric Power. Weaknesses included U S Gypsum and Safeway Stores fading 1 or 2 points.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Celanese of
America
Ter
Conde Nast
Caneo Press
American
Johns Manville
New
Libbey Owens
Central Leather Preferred
Deere and Company
Prairie Pipe
Tidal Osage
Gulf Oil
American Gas and Electric
American Might and Traction
Blackstone Valley Gas and Electric
National Electric Power Preferred
U. S
Irregularity Marks Trend In Bond Market's Prices
Irregularities in bond market pricing draw attention as prices move with uneven irregular signals. Bankers Capital reports unusual volatility and seeks to explain shifts in yield curves and trading patterns observed in recent sessions.
Bond Market Mixed as High Grade Issues Lead Demand
Irregularities hovered over the bond market but overall prices showed better support. High grade issues attracted buying due to abundant money at easy rates, with convertibles recovering from earlier slumps. Erie D-45 and International Telephone Convertibles saw activity, while Canadian Pacific and St Paul instruments drew demand. Third Avenue Adjustment 5s rose slightly. government lists moved little on Mellon’s Second Liberty bonds guidance.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Canadian Pacific
St. Paul
Northern Pacific
Lake Erie
Western
Third Avenue
Mellon
Money market report from New York closes steady
Call money stays steady around 4 percent with a bid up to 4 1/2 for short-term funds. Time deposits show a steady to mixed pattern across 60 to 90 days, with 4 3/8 to 4 1/2 percent for 4 1/2 to 4 1/2 month maturities. Prime mercantile paper remains at 4 to 1/4 percent.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Imonths
Prime Mercantile Paper
Rubber closes steady with mixed July to October quotes
Rubber prices hold steady as July futures trade at 35.40, with September at 35.50 and October at 35.60. The market shows little movement, reflecting a balanced supply demand stance amid news of steady demand.
Clearing House Statement of June Exchanges and Balances
New York reports Clearing House figures with exchanges totaling 1.61 billion dollars and a balance of 221 million. The Federal Reserve Bank credit balance stands at 171 million as of June 16.
MENTIONED IN THIS ARTICLE
New York
Clearing House
Federal Reserve Bank
Treasury balance nudges higher on June 16 report
The daily U S treasury balance shows the general fund at 74 815 726 47. The report confirms the balance figures for today reflecting the general fund total.
MENTIONED IN THIS ARTICLE
Washington
U. S. Treasury
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Connecticut
United Loan Corp
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Cor
Pins Lawtad Interest
Fidelity Loan Corporation
Middle St. Cor. Jol
John A Walk
Barnum
Bankers Capital Company
First National Bank
Waterbury
HOH Gunder
Sturges
Kirk
McKillor Damier Pyle Earur Hepsurn
Jorn Krocn
Alf Connor
Siemom
Bridgeport Telephone
Noble
The
North End Bank & Trust Co
Bridgeport
Conn
Jane
Tellow
Wits
Goth
Kearn Radhk
Bates
Vino Wit
Ap Shuttack Co
North
Vannabine
Abralape
Ayo Snell ‘Theatre
Shubert Oa
Greene
Evin Mo Shamans Co
le Mobile North
Sinclair Conuit
Tin Yoo
Gulf Staten
Gulf States
Hartman Orp
Allis Cha
Tenvenia
Amul Leather
Sentiern Daly
Amorada Corp
Agri
Houston
Elec Lea
Enland Tel
Stewart
Joe
Ag Marine
Tenn Cop
Weny
Corp
Jordan Motor Car
Ivan
Kane Stone ‘Tire
Carl Cash
Sun Ant
Lela Inc
Loew's
Asi
Tim
Tova
Walt
Corra
Ely
Coath Mar
Martard
Rete Steel
Martin
Ares
Warner Y Ry
Ingay
Warren Pipe
Rte
Iyn Ealiegin
Oon
Merleur
Yano
Westghae
Urns Bros A
Lao Urns Bros B É . Sng Baty
Montana
Montgomers
Morris Esnes
Shi Wilson
Ah Butterick
Roy
Mullins
Rudy
Wright
Ais Ues
Cale
Nash Motors MA
Yale Towne
Caliahan
Sant
Nat
Tretian Hess
Colum Ariz
Vogel Bae
Ms Kehn
Youngstown
Roy van
Tavifie
Mi Nat Tairy
Chesapene Corp
BSA
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Milsey
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Norfolk South
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Chrys Corp. Jy
Norwalk
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AO Packard
Trust Bat
Paige Vetroit Melarate
Poe
Pankaudi
Congress
Pavaannit Fan Insail
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Philp
Morris
Amerie
Phaps
Pet
Ake Ny
Cuymoel
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der Mackie
Devoe Rosa
Buren Wy
Eastman Kodak
Nadie Corp
Bastuan Kollak
Enton
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Portland
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Lumbermens Trust Company
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Eenee
United States
Oregon- Washington Water Service Company
Oregon-Washington
Mesure
White & Case
G.L. Ohrstrom & Co
Hincks Bros. & Co
Bank and Insurance
Bankers Capital
Ociated Press
Irving ‘Trust Co
Ameren
Ameen
Bank
Whatian
Statenan
Ff Sunk Grist Co
Tonery
Peptral Bulow ‘Trust Aay Oh
Yauiaty
Daranty ‘Trust
Hank
Conmerc Nati
Ale A
Trane Kant
Hank EU
Aetna Lite
Salle
Hartford
Nike
York
Wed
Irani
Treasury Balance
Lincoln Mortgage & Title Guaranty Co
State of New Jorn
Department of Banking and Insurance
New Jersey
Res
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