Copper stock rally lifts market amid varied trading
Market prices rise in early session with copper stocks leading while oils stay firm then pull back. Analysts note renewed copper demand from domestic and foreign buyers alongside steel rail strength and a Bethlehem rise, as Warner Brothers and utility shares show solid activity.
MENTIONED IN THIS ARTICLE
Elmer
Walzer
New York
Cally
Bas
Ward
Anaconda
Kennecott
Jeene Cananea
United States Steel
Bethlehem
Amusements
Warner Brothers
American
Chrysler
Motors
Ain
Ticker Talks Opens with Mixed Wall Street Gains
New York June 5 The market opened with the average industrials steady then softening as rail shares dipped. Strong gains in utilities motors and copper lifted the list to end the first hour with widespread increases. Commonwealth Power hit a new high and Anaconda Copper led advances.
MENTIONED IN THIS ARTICLE
Otis & Co. Wire
New York
Ing
Commonwealth Power Se
General Mors
Aining
Prices to Farmers By Chin a Puilding Milling Co
Prices to farmers for baled hay timothy and other feeds mixed with milling by the Chin a Puilding Milling Co. list rates per ton and per bale with notes on quality and delivery. Foreign exchange table shows irregular demand for francs and marks with quoted percentages.
MENTIONED IN THIS ARTICLE
China Puilding & Milling Co
Treasury Balance and Customs Receipts Report
Treasury net balance on June 3 stood at 139,744,718 93 with customs receipts for the month totaling 4,859,125 12. The brief item notes the Treasury balance and customs revenue figures as of early June.
MENTIONED IN THIS ARTICLE
Treasury
Washington
Irregular Moves Mark New York Bond Session
The bond market opened steady but soon showed irregular price action with some sections selling off. High grade industrials and utilities held fairly steady while United States government securities were dull. Notable demand appeared for Allegheny Corporation 5s American International 5s AT&T 4s and International Telephone 4s while carriers like Baltimore & Ohio 4% St Paul Adjustment 5s and Texas & Pacific 5s saw accumulation. Atchison 4%4s sold off on concessions and Bethlehem Steel 6s Philadelphia Coal 6s firmed after early dips. Foreign issues such as French 7% and German bank bonds were prominent.
MENTIONED IN THIS ARTICLE
Otis & Co
New York
Chaim
Ms Lo Kan
Bo& Os ” Vt
Pw & Lt
Sm & Ref
Atlantic
Ajax Rub Co
Ohio
Beth St
Otis Steel
Hes & Sie
Cm & Sp
Biim
Paige Mtr
Chi & North
Phillips Pet
Pierce Ar. Baty
Cuba
Ok Ag
Sh Union
Gat Fame
Hane Lair
Aa Wan
Fleischm Co
Kelly Oil
Jeep Texas
Pacific
Mit
Ian
Gen Motors
Tams Tn
St L&sr
Gudden
Studebaker
Hoe & Co
Union Pac i
Falané Steel
Wraesssees
Ao Lamb Co
Hy United Press
United States
Allegheny Corporation 5
American
International 5
American Telephone and Telegraph
International Telephone
Baltimore & Ohio
St. Paul Adjustment
Texas & Pacific
Atchison
Columbia Gas & Electric
Bethlehem Steel
Philadelphia Coal
New York Curb Stocks Rally After Early Selloff
After heavy profit taking, curb stocks reclaimed high ground as pools resumed, with American and foreign power warrants and allied utilities strong. Southeast Power hit a new high while oils showed solid demand. Fokker Aircraft traded higher and copper shares rose on Noranda reparations news. Marconi International Marine led gains in communications.
MENTIONED IN THIS ARTICLE
Unitedness
New York
Allied Power and Light and Electric
Southeast Power
American Petroleum Institute
Fokker
Goldman Sachs
Noranda
Marconi International Marine
Foreign Exchange Market Reports Irregular Close in New York
New York June 4 foreign exchange markets closed irregular with net demand for several currencies. The pound rose to 1390s, the Belgian franc and other European currencies showed mixed moves. The German mark and Austrian ally of Austria traded around 2384 and 1410 respectively, with fluctuating quotes across major currencies including Finland, Greece, and Romania.
MENTIONED IN THIS ARTICLE
New York
Germany
Spa
tRechosio
Vakia
Polan
Finland
Greece
Idu
Siovie
Austria
Rumenis
Rubber futures ease in New York trading amid mixed signals
Crude rubber futures in New York slipped 10 to 20 points from prior close as London steadied and Singapore eased. Trading was light with scattered selling across markets. Bank clearings in New York reached 1.421 billion dollars with a 161.009 million balance, while cotton futures opened lower led by July and October contracts amid small declines.
MENTIONED IN THIS ARTICLE
New York
London
Singapore
Grain futures ease after bullish rally in Chicago trading
Chicago June 5 United Press reports a cooling of bullish sentiment as grains slip from Tuesday’s highs. Corn and oats weaken while wheat stays unsettled awaiting farm relief legislation. Government export totals show wheat at 1,486,000 bushels and Winnipeg grain trails Chicago by 3.4 to 4 cents per bushel.
MENTIONED IN THIS ARTICLE
Hy United
Chicago
Passange
Washington News
United Press
An Department of Commerce
Local Grocery Adds Range of Meats and Produce
A corrected grocery ad lists items from meats to produce with prices per pound or unit. Beef rounds and roasts, pork chops, veal, lamb, and smoked products appear alongside onions, lettuce, carrots, and fruit. Dairy items and wholesale dairy products are noted, emphasizing a broad assortment for customers.
MENTIONED IN THIS ARTICLE
Harry Jr. Dean
Ieee
Wool Market Movement and Sugar Futures Report
Wool market steady with strong demand for fine grades above 54s and firmer prices on 56s to 60s while 48s and 50s show scattered demand. Sugar futures opened lower in New York with July at 1.63 and May around 1.94. refined sugar dull and granulated at 6.00.
MENTIONED IN THIS ARTICLE
Boston
New York
Lee
Building Commissioners Let Contracts For New Dwellings
The building commission let contracts on Tuesday to Harty Wie for a house at 1566 with total cost unknown. Emick Skuberk et NE were contracted to build a dwelling at 1835 Tarey NE for 3200 dollars by I bane & Co, 318 Cleveland now. Permits granted for dwellings at 509 Poplar NW 5500 dollars and 20 921st St SW 3400 dollars to Tony Bassa, D B Foraker, 1195 Storyland Ave SW is contractor for the later dwelling.
MENTIONED IN THIS ARTICLE
Emick Skuberk
Perec
Tarey NE
I T Bane & Co
Cleveland
William Frantschy
Poplar
Tony Bassa
D. B. Foraker
Storyland
Market Report for Cleveland Poultry and Produce Prices
Cleveland market note lists eggs butter poultry and produce figures. Fresh eggs and home grown produce priced per dozen or bushel, with poultry broilers and hens shown at various cents per pound and per item. Regional markets reflect current receipts and market standards across cities including Chicago Pittsburgh and New York.
MENTIONED IN THIS ARTICLE
Cleveland
Lexhorn
Potators
New York
Cary
Stein Coreen
Gaek
Pittshe
Pittsburgh
Ohio
Stockholders ok increase in Chesa Peake capital
The Chesa Peake Corporation stockholders approved a proposed increase in authorized capital stock to 2 500 000 shares from 900 000. A split of New York Produce Exchange 40 was announced. The Ungerleider Airplane Company doubled in value in 1929 versus 1928 per the aeronautics section.
MENTIONED IN THIS ARTICLE
United Press New York
Chesapeake Corporation
New York Produce Exchange
New York Stock Exchange
New York Curb Exchange
Bureau of Foreign and Domestic Commerce
Reckless driving and intoxicated driving cases in court
Gust Lu was fined ten dollars and costs for reckless driving. Willie Fimpson faced penalties for intoxicated driving and received a 39 day workhouse sentence with a $100 fine plus costs. Lily Calhoun was fined $199 for a separate violation.
MENTIONED IN THIS ARTICLE
Gust Lu
Willie Fimpson
Madison &Y BE
Lily Calhoun
Er Ct SE
Letieg
Crabbe
Livestock Prices Across Cleveland Pittsburgh and Chicago Markets
Hog receipts vary with price drops. Cleveland reports cattle steady and calves firm while sheep quote new crop lambs and fat hogs at linked ranges. Pittsburgh shows mixed hog and cattle activity with steady to firm cattle and steady sheep. Chicago notes higher market with top bids for large loads and strong beef cattle demand across weight classes.
MENTIONED IN THIS ARTICLE
Cleveland Livestock
Cleveland
Pittsburgh
Dune
Chicago
June
Hiwis
Meyers Lake Park To Host Major Rubber Picnics
Meyers Lake Park officials announced a record summer schedule with nine large plant picnics. Timken Roller Bearing expects about 22 000 attendees on August 17 while Goodyear hosts an August event, Firestone holds early August gatherings, and General Tire plans August activities.
MENTIONED IN THIS ARTICLE
Timken Roller Bearing Co
Park of
Timken
Goodyear Tire & Rubber Co
Meyers Lake
United States
Akron
Canton Amusement Resort
Firestone Tire Co
General Tire Co
Canton
Meyers Lake Park
Confesses theft in Kansas City shortage case
Mrs. Caroline Baker, 37, a beokeeper for a drug store chain, admitted to police she caused a $2,000 shortage in the company accounts due to inability to support her husband on her small salary.
MENTIONED IN THIS ARTICLE
Kansas City
Caroline Baker
Lengel Loses Fight For Job In Supreme Court
The 1926 ouster of police chief Lengel and his 1927 murder conviction led to a three year legal battle. The Pennsylvania Supreme Court upheld the appeal record Wednesday, ending Lengel’s bid for reinstatement after a long fight through the Court of Appeals and special hearing.
MENTIONED IN THIS ARTICLE
Supreme Court
James E. Kinnison
Court of Appeals
Stephenson
Lengel
James L. Amerman
Civil Service Commission
City Legal Department
Lisbon
Common Pleas
William F. Lones
Floyd F. Streitenberger
Strike Averted in Irish Railways Wage Talks
Dublin June 5 A strike of southern railway employees was averted after Minister of Industry P MacGilligan called a conference of employers and workers. They agreed to continue wage negotiations.
MENTIONED IN THIS ARTICLE
Dublin
Southern Railway
P. MacGilligan
City must hold airport vote under mandamus ruling
The court ruling resolves when the referendum petition was filed and whether the airport project falls under public utility law. Justices Kinkade Robinson Day and Allen joined Canton in the majority while Jones and Matthias dissented. The syllabus states municipal power to acquire land for landing fields makes airports a public utility under General Code Section 4939, guiding future cases.
MENTIONED IN THIS ARTICLE
Kinkade
Robinson
Day and
Allen
Jones
Matthias
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Anaconda Opper
Oon
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Ford
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Iliams
Louisiana Land & Ex
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Bere
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R. V. Mitchell & Co
ORK
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Otis Steel Fis
Ethid
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Axon Pub
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Seab
Seine
Shell UN O Sa
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Sinclair Ts
Toho
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Oi N
Ask Ltd
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Drop Forge
Reyort
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Geo
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Ce Ee
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Rosas & Son Funeral
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Walnut Ar NE
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Springfield
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