Utilities and equipment lead stock market gains
General list firms advance with only a few declines as utilities and equipment stocks rally. Commonwealth Power jumps to a high of 218 up seven points while Electric Power and Light United Corporation Standard Gas Consolidated Gas and Public Service of New Jersey stay strong amid active trading and rising orders.
MENTIONED IN THIS ARTICLE
United Press Financial
New York
Commonwealth Power
Electric Power & Light
United Corporation
Standard Gas
Consolidated Gas and Public Service of New Jersey
Glidden
Postum
Fleischmann
Delaware, Lackawanna & West
Ern Railroad
Public Service Electric and Gas Company
Jersey Central
Power and Light
New Jersey Power and Light Company
New Jersey
Timken Roller Bearing Leads Market Quiet Session
New York trading featured Timken Roller Bearing rising to 91 1 8 on active turnover with short-covering cited as a key driver. Central Alloy Steel little changed amid overall cautious mood as decoding brokers expect a quiet day and a likely late-week pullback.
MENTIONED IN THIS ARTICLE
Otis & Co
New York
New York Stock Exchange
Timken
Timken Detroit
Republic Stamping & Enameling
Reliance Manufacturing
Foreign Exchange Markets Report From New York
Foreign exchange markets opened lower in New York with the British pound and Swiss franc slipping while the deutsche mark and other currencies showed declines. Investors reacted to global developments as rates moved and traders adjusted positions.
Irregular session marks New York bond market trading
Irregular bond activity appeared in New York with government securities near Wednesday close. Convertibles and railroad issues showed mixed movements while industrials and utilities held steady. European governmentals and South American loans were lightly traded or offered at small concessions.
MENTIONED IN THIS ARTICLE
New York
United States
American Telephone and Telegraph
International Telephone 4
Sion
Atchison
St. Paul Adjustment
Erie General
Missouri Pacific
Southern Pacific
Armour
Grain Prices in Toledo Market Report June 6
Cash grain clove lists Wheat No. 2 at 1.21 1.22, corn No. 3 9.24d 98%c, rye No. 2 1.04, oats No. 2 4s% Q4dige, barley No. 3 62m ee. Clover domestic old 16, new 16, import old 12.78, new 12.26. timothy old 2.80, new 2.50. Butter 44 4be, exes 27 24e. hay 1,590 cwt.
MENTIONED IN THIS ARTICLE
Otis & Co
New York
Loews Inc
Am & L
Moon
Mo Kan & T A
Tee
Ward
T ‘Nash
Anacoa Cp
O'S
Nat Acme
Tehisn Ry
Wu Atlantic
Baldwin le
É&O Cn
Beth &T
Nor Pac Briges Mfg
Tan Pacific
Che & Ohio
ie Pan Am_B
Penn RR
CR. & FP
Hillipa Pet
Hi & North
Pierce AP
Chrysler Mo
Pullman
Coca-Cola
Sears Roe
Union O
Sinclair Oil
Lec P Drug Inc & L
Erie R
Vreeport
Studebaker
Iren Motors
Tex OU
Roodrich Ab
T&r
iUnion Pac
Mousehold P
Hudson Mat
Inland Steel
U S Steel
TI & TI
Ty Willys
Aed Kayser
Kelly Spe
15 Et Co
Kenn Cop Ray
Seeee Bry Ay Rly Kresge Co
Toledo
Wall Street gains a bank devoted to brokers
Continental Bank of New York plans to raise capital from 2.5 million to 20 million, issuing 13.5 million in new stock to over 350 brokerage houses and 4 million from shareholders. After the move, resources will total 20 million, with common stock of 6 million and surplus of 11 million. Guaranty Trust Co expands capital to 90 million with a 200 thousand share issue.
MENTIONED IN THIS ARTICLE
United Press
New York
Wall Street
Continental Bank of New York
Stock Exchange
Continental Board
Continental Corp
Guaranty Trust Co
Messrs. Haskins & Sells
Bond vote set for Power Securities stockholders meeting
Power Securities Corp stockholders will meet June 10 to vote on creating and issuing bonds totaling 50 million dollars. In industry news May US and Canadian auto output fell 6 percent from April to 624000 vehicles, but rose 36 percent from May 1928 per the National Automobile Chamber of Commerce. Cotton futures opened irregular with July at 18.60 and other near terms posting mixed moves.
MENTIONED IN THIS ARTICLE
United Press
New York
Foreign Power Securities Corp., Ltd
United States
Canada
National Automobile Chamber of Commerce
Midland Bank
Cleveland
Livestock Prices in Cleveland and Pittsburg Markets
Cleveland and Pittsburgh report hog receipts around 1,350 to 1,500 with mixed gains of 20 cents in Cleveland and 10 to 20 cents in Pittsburgh. Cattle and sheep show steady to higher values with top hogs near 11.50, beef cows up to 10.25, and fat lambs around 17.50 in Chicago prices referenced.
MENTIONED IN THIS ARTICLE
Cleveland Livestock
Cleveland
Pittsburgh
Chicago
Foreign Exchange Close Irregular in New York Market
Foreign exchange closed irregular in New York on June 5 as dealers cited uneven demand and fluctuating rates. The session showed varying bids and offers with no single clear trend across major currencies.
MENTIONED IN THIS ARTICLE
New York
Obituary and treasury notice from Canton area paper
Obituary items report the death of Austin A. King 55 machinist at Arctic Ice Machine Co died at home 1601 Bryan Ave SW he was born in Beach City and lived in Canton 20 years Surviving widow son two brothers step mother and five sisters Funeral services planned for Saturday at 2 30 from the home burial in Westlawn Cemetery Also noted is the death of Mrs Mary Jane Fellers 48 of 1309 17th St NW who died Wednesday in Aultman Hospital after long Canton residence and church membership Survivors include husband four sisters and a mother Dr P H Welshimer to officiate at Kelima funeral services Treasury balance and receipts as of June 4 listed at 138 709 97 95 and 6 723 984 50 respectively.
MENTIONED IN THIS ARTICLE
R. V. Mitchell & Co
Am Nor
New York
Ghost
Liberty Dende
Pac
Aske Cent Pac
Chile Copper
CBRE
Coe & St L
Aerae
Detroit
Seten
Dodge
Erie
Gen Motors Acts
Australia
Gus Avuetrian
Grand Trunk
Belgium
Great Nary
Pelgium
Humble
Il Bell Teles
Melicium
Berlin
OLY Kcp& Libs
Brazil
Loew's
Canada
Lyville & Nash Bs
Morris
Denmark
NY Chi & & St L
Silas
Italy
Kingdom
Otis Steel
Netherlands
Norway
Tis
Eeee
Vac Tel & Tel Ss
Ries
Shell UN Oil
Toho
Sinclair Is
Am Sugar
Tel & Tel
Third Ave Ss
Union OF Cal
Anaconda Cop
Anaconda Co
Western Union Higs
Wilson
Austin A
Bert) King
Arctic Ice Machine Co
Bryan
King
Beach City
Canton
Minnie King
Edward
Michael C. King
Charles King
Wilmot
Nancy King
Nora Keller
John Class
Dessie Haas
Strasburg
Flossie Kutcher
Dundee
Bess Keller
Massillon
Westlawn Cemetery
Mary Jane Fellers
17Th St
Aultman Hospital
First Christian Church
W. E. Gordon
Jacob Fellers
David H. Jackson
J. M. Harmony
Market News Snapshot from VeLand to Cleveland
Market updates show potato prices at Maine grown 2.25 per 12 sack and 60c per bushel. Chicago egg markets firm with receipts 19 016. butter receipts 11 405 with various quality grades. poultry and dressed poultry notes. eggs fresh 34e per dozen with receipts 28 30¢.
MENTIONED IN THIS ARTICLE
Veland P
Cleveland
Maine
Pittsburg
Pittsburgh
Ohio
Also Mentioned on This Page
By Elmef C. Walzer
General Railway Signal
Lima
Westinghouse
Ford of England
Transue & Williams
Chicago Board of Trade
Belhan. Mi
Othe & Coy
Allen Ind
Thee
Ressemer &c
Buckeye
Cleveland Railway
Turtow Chemical
Pia
Vlee Con & Mr
Federal
Koitting Mills
Mirestone T&r
We 'Co
Godman Cn
Crelf Bros
Ar Tere
India Tire & Tu
Getewene
Kaynee Co
Neger Machine
Lamson & Seasions Sane Bay
Ater Bueher
Wiry Rere & Bros
Pfa- Nationale
Nestle Lemur
Thio Bell
Ain Lis
Braves
Vackard
Vucker Corp Ae
Veragon Refining
Veragon Tefining
Ptd
Watterson-Margwenteae
Mig
Sa Niehman Brose
Thaimin Paper Melbernling Rubber. Com
Belby Bhoe
Mian Mherwine Willame, Pte
N. Y
Yoon American Gas & Electric
American Light & Traction
Durant Motor
Finois
Libbe Y Owena
American Super Power A
BK Consol
Ford
England
Vox Heater
Volker
Wwe
Checker Cab
Mountain Pro
North East Power
Hee
Unio Oil
Indiana
Kentucky
UN Light & Power
Sikorsky Aviation
American Ava DeRorest Radio
Terre
Toledo Grain
Lib 'S Ornlyuls Ron
der Nee
St's
Rye— Jisly Oreren
Harry B. Kite
National Bank
Trust & Savan
Geo. D. Harter Bank
Miller Blanchard
Peoples Savings Bank
Iz Tithe Mortage Co
Northern Aio
New Wall Street Institution
St. Louis Federal Reserve Bank
International Railway of
Central America
Guatemala
Salvador
Mexico
American Bureau of Metal Statistics
Willys-Overland Company
S&s
Central Standard Time
Union Sta
Gary
Ind. S. Chicago
Englewood
Pennsylvania Railroad
Colonial Finance Co
St. W
Dial
Pittsburgh Livestock
Nemand
France
Germany
Switzerland
Spain
Austin King
Arnold P
Sealy
Treasury
Washington
Treasury Ne
Stan
The
Ohio Finance Company
the Midland Bank
J. H. Dyer
Citizens Finance Company
Empire Finance Company
Russell Sage Foundation
Pennsylvania
Michigan
Akron
Cincinnati
Columbus
Haskins & Sells
Messrs. Squire, Sanders
McDonald-Callahan & Co
Whitaker & Co
St. Louis
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