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Charleston Gazette in Charleston, West Virginia

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Charleston Gazette

Location

Charleston, West Virginia, United States of America

Date

Jun 07, 1938

Page

11

Late Stock Rally Fades After Morning Gains

New York June 6 Stocks opened well but late profit taking trimmed gains. Leading names held, as U S Steel 42 1 2 and General Motors 29 1 2 showed in a mixed market. Volume rose then fell, with 467 830 shares traded. The Associated Press average edged up 0 5 to 38 9.

New York Associated Press United Corporation Steel U. S. Steel Bethlehem Chrysler General Motors Sears Roebuck International Harvester Texas Corporation Consolidated Edison Anaconda Westinghouse du Pont Johns-Manville

Metal and Industrial Shares Advance in Curbstone Trade

In New York on June 6 metal and industrial shares rose amid inflation whispers. Utilities showed late strength, lifting market mood. Leaders of the rebound included Newmont Mining up 2 points to 51, New Jersey Zinc up to 56, and Pittsburgh Plate Glass higher at 66. Electric Bond and Share fell to 7 percent, while Niagara Hudson Power United Gas and United Light and Power A held steady or edged up slightly.

New York Newmont Mining New Jersey Pittsburgh Niagara Hudson Power United Gas United Light and Power Harris, Upham & Co Hie Amer Ose Amer BAY Cement Remington Rand Bate Link-Belt Co Ioseph Loews, Inc Schenley Dist Sears, Roebuck Gulf Ou Cor Alaska Juneauig Lorillard Tata Servel, Inc Heele Mining Humble Allied Chemical Coly Inc Lou, Gas & Elec Simmons Co Allied Crosley Radio Elquid Ce San Calif Container Corp Southern Pacific Niagara Audior Alleghany Steel Mathieson Alkali Mk .Southern Ry TY Pennroad, Corp Pittsburgh Sunn Techniculor Cally Rhiniyds Amn Loto Dosti Alreratta nIches. & Rob Mission Cath Webbs Super Qi Corp Elec M. & Lyls OS Montg.Ward Act al Texas Co Aete Arn Roll. Mills Madeate Monsanto Chem Texas Gulf Agi iMat Pros. Corp Tex. Pac. Coal & ‘Amn Steel Foy Ae Am Il Co Bibry Fairbanks Wooley Nash-Kel. Corp Thy Timken Anaconda Nat'l Acme Co Big Big Timken Detroit Gair (Robert Be Atchison Atlas Core Aim A.C Nat'l. Distillers Aete. Am Gen. Electric Nat'l Lead Co Union Carbide Armour & Co A General Foods Union Oil of Cal Gen. Motors United Air Line Gillette - Bt National Steel Vic Armst. Cork Co Gimb. Hrs, Inc Central United Aircraft Auburn Auto Goodrich New Haven N. Mer Avia United Corpo Aviation Corp Goodyear 1Bia Nor. Pacific Aid. Corp Graham P Loco Great Nor North Amn United Drug Co. A Balta. & Ohio SY Greyhound Corp SY Greyhound Corp. Uid B&o, P Ak Ohio Oom U. &. Pipe Barber & Co Oliver Farm Foundry Barnadall Ol! Co US. Realty , Ae Equipt. Co Bendix Hiram-Walker Otis Steel Beth. Steel Howe Otis Elevator Bi Srmeltering Boeing Airp. Ca Hupp Motors Bi Owens Bottle U. J. Steel Bordens Hudson Motors Borg Wai Houd.-Hersh Bi Im Pac, G. & EL Bridgep. Br. Co Houston Oil Packard Ziyey Briggs Mfg. Co Texas Paramount Pic Mig. Co Peoples Gas Penna R. R Walworth Co Byers A. M. Co Ihingis Central Warner Bros Burr Add. Mach Penney West Penn Butler Bros. Insulanshares Phelps Dodge Ctfs., Inc. Ory Westingh Ate Inter Big Phillips Pete Ite Calumet & Hecwee Harvester Erin Pitts Sil. Corp Canada Dry Hydro-Elect White Motors Om S Waolworth al Celanese Carp Proc. & Garis Ai Ath Worthingt N. J Pullman Ohio Chrysler Kaufmann Dept Philip Morris Blu Young AD Chgo Pneual Stores Co Kennecott S&t Kimb Clark Colg Palm Peel Kroger Gro Radio Keith Ve Zenith Cal Rayb.-Man. Inc Col. Gastholy Lambert Co Reo Mat, Car Co Reo Mat, Car Co, 1% Wy 1 | Shares. | Commw Lee Rubber Repub Carp Eae Money

Grain and Provisions Reported by The Associated Press Toledo

Grain and provisions prices listed by The Associated Press from Toledo include wheat No 2 red at 60 35 70, No 1 red 60 14 68, oats No 2 white 28 14 20 4, and No 3 oats 20 percent. transit billing attached. The report notes wheat above track quotation and details on price movements and transport charges.

Associated Presay Toledo Associated Press Chicago Amy Tie Beath Abe Bos

New York Poultry Closing Prices on N Y Stock Exchange

Prices for dressed poultry were generally steady on the New York Stock Exchange with a wide range of figures for different cuts and grades. Live poultry by freight and express showed slight variability, with fowls and leghorns listed in mid-20s to low-30s, old roosters mixed, and special packs and standards reported across multiple price points.

The Associated Press Poultey Leghorn Express Brollers Crosnea Leghord Old Roosters Midwestern

Live Stock Prices and Trends From Chicago and Baltimore Auctiones

Live stock prices compiled by the Associated Press show mixed demand with higher steer and yearling values in Chicago, while cattle and sheep markets in Baltimore remain steady to slightly higher on lighter weights. Strong feeding cattle and calf weights dominate, with top steer prices near 30.65 and calf offerings around 16.00.

Market Prices Run From Veal to Lambs and Hogs in AP Report

An Associated Press market summary from Pittsburgh and Chicago reports cattle, hogs, veal, and lamb prices with mixed gains. Cattle mostly steady to higher, hogs up 10-15 cents, calves and vealers 50 cents to 1 dollar higher, sheep and lambs showing active demand and higher price ranges.

Associated Pressy Pittsburgh Jane Pn. Dept. Agr Dou Jong Shen Slaw

Pittsburgh Produce and Sugar Market Summary Report

AP dispatch from Pittsburgh notes moderate demand with apples and potatoes showing mixed strength while eggs, cheese, and poultry hold steadier prices. Cincinnati reports creamery butter and milk fat levels with varying grades, and New York raw sugar edges firmer with a June-July shipment sale noted at 2.73 per hundredweight.

Associated Press Pittsburgh New York Leghorn Roosters Red Brollers Turkeys Toma Olt Associated Preney Ptu

Memorial for Baker Blocked by House Action

Washington June 6 Objections by Representatives Taber and Rich blocked House action on a memorial to Newton D Baker wartime secretary of war The bill by Rep Randolph would authorize 25000 to establish the memorial at Martinsburg West Virginia Baker's boyhood home

Washington Taber Rich House Newton D. Baker Randolph W. Va Martinsburg Baker

Foreign exchange unsettled as markets close for Whit weekend

New York June reports widespread currency instability amid holiday closings abroad. Rates show downward dollar revisions and mixed European benchmarks while treasury figures reveal June receipts of 78.31 million dollars and expenditures near 94.01 million, with year-to-date totals and a large emergency outlay.

Associated, Press New York Totow Belgium Germany Tokyo Hongkong Mexico Clyss Montreal Treasury Associated Preas Washington P of the Treasury Stoss Merit

Markets At A Glance

New York June 6. Stocks firm as profit selling slows rally. Bonds steady with utilities in demand. Governments improve. Commodities mixed led by mining and industrials. Foreign exchange steady with franc slipping. Cotton lower on July liquidation and foreign selling. Sugar even as trade quiet. Coffee quiet with trade buying.

Associated Press New York

Transportation Schedule and Market Mixed Readout

A garbled transportation schedule lists multiple city routes with times, stations, and daily notes, followed by a brief metal market summary. Copper, tin, lead, zinc, aluminum, antimony, quicksilver, platinum, and wolframite prices are given with spot and forward values for several U.S. markets.

Associated Press New York East St Louis St. Louis Buffalo Alabama

Pittsburgh market report on oil and transit prices

The report lists oil grades and transit stock values across Pennsylvania and nearby districts. Entries include Eureka Pipe Line Buckeye Pipe Line Bradford and Allegheny districts with prices such as 2.05 2.08 3.71 and 1.27, reflecting fluctuating commodity values in a regional market.

Associated Press Pittsburgh Fennaylgenia New York Transak Company Bradford National Transit’ Company Allegheny District Oif Bradford Transit Company Pennsylvania Eureka Buckeye Corning

Bonds Hold Up In Light Selling On Market Day

New York traders saw bonds steady as selling remained light and volume reached 3.262 million face value, the smallest since May 6, 1918, with corporate issues edging up fractionally and governments ahead modestly. Boston reports slow business with few urgent needs and cautious direct purchasing as growers resist recent bids below government loan levels.

New York Associated Press Boston

Also Mentioned on This Page

Keen Yenra Aaron Harris, Upham & Company Chase National National City Banker's Trust Agry Chemical B. & T Central Hanover Continental B. & T First National Bank Guaranty Trust Bank of Manhattan Harris, Upham & 4 Parliament Southern Rhodesia New York Poultry N. Y. Stock Exchange Renae Joseph L Mombbenier Kanawha College Fred O. Blue Charleston First Presbyterian Church Ladie Beth Caldwell Elyert Easter Maxine Frame Richard Eggieton Virginia Hughes Lucille Stephens Mildred Duff Linville Jeffrey Wayland Slayton EB. F. Bingaman Baltimore Dept Gattle g—Hutter Cincinnati Bullertub Newton Baker Dune Fund Investors Inc Hte Iz U Castion Kearse Gary Mpeetheart Pits John OF wyecHitt Tony Marjorie Fo- Mance KE Mitchel Air Sine Sin East Roanoke Dally Sah Li Ar U.S Ay Harris, Upham & Co Tay Aiey Tey Wae Bey Sian Adkteae Tan Ahs Aus Mare Paseo Fegitton Donald Buck
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