Stock Market Slumps as Call Money Surges in Market Selloff
The mid year money pinch hit the market as call money jumped from 7 to 16 percent. Stocks opened strong then faced heavy selling with many blocks closing down. Loans called estimated between 30 and 80 million dollars. Time money firmer. Copper and industrials rose, while bear attacks faded after money rates peaked.
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iBy
Exess
New York
Youngstown Tech
International Mercantile Merits Company
Industriamn Sear Home Lab
Auburn Wate
Harlem
Allis Chalmers
Adams Express
Geneve Motors
Radio Corporation
Coramoo
Tais
Hiss
New Haven
Norfolk and Western
Union Pacific
Pen
Ayearn
Baldwin
Fisher
Produce Market Notes From The Associated Press Pottsburgh
Market news shows moderate demand across regional produce lines with mixed carload totals and steady to rising prices. Vegetables including onions and yellows show varied crate and sack quotes from Texas, California, Michigan, and North Carolina, while butter cheese and poultry prices reflect current regional availability and quality classifications.
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Presni Pottsburgh
Gabuege
Ohio
Texas
California
Virginia
Michigan
New York
Bond Market Shows Mixed Rails and Utilities Activity
The bond market opened with broad strength yet moved irregularly lower amid tight credit. Convertibles led most activity with railroad and industrial issues, while utilities varied. several utility issues edged higher on small trading, and government securities gained slightly on light turnover.
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Associated Press
Beal
New York
Insges
Ameren
Telephone
Duquesne Light
Druides Power
Tennessee
Wheat futures dip after quick 3c rise in Chicago trade
Grain and Provisions by AP reports Chicago on June 24 saw wheat futures retreat after a 3c bushel upsurge as traders booked profits. Prices drifted about 3½c lower from the session peak, with nearby contracts showing nervous activity. Provisions moved unevenly, with declines and small gains amid the mixed selling.
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Associated Press
Chicago
Stock Exchange Update Early Morning Trading Report
The Stock Exchange reports at 10:06 a m with activity continuing from 6:30 a m. Trading showed mixed results as investors awaited key economic signals and corporate earnings.
Live Stock Prices Across Cities From Associated Press
Pittsburgh Baltimore and Chicago livestock markets report receipts and price ranges for hogs cattle calves sheep and lambs. Higher winds of demand push butchers and packers to top bids while medium and common grades trail with varied regional quotes across multiple weights and classes.
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Associated Press
Pittsburgh
Jie
Rleers Henvirs
Low
Cutlers Tulters
Baltimore Livestoork
Baltimore
Eheler
Chicago
B.D. Ad Hoge
Shippers Tool
Brocker
Spain
Rangers
Wall Street Briefs: Key rail and steel finance moves
The Associated Press reports Cheasapeake and Ohio subsidiary Maes buys Southgate terminals in Norfolk effective July 1 for roughly 740000 to 1000000. Betnishent Steel stock subscrip tion at 8% for every three Acid. C&O recuperating income for May nears 186,203 versus 3,989,372 in May 1828.
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The
Associated Press
Terminal and ‘Transportation Company
Cheasapeake and Ohio Railroad
Maes
Southgate
Norfolk
Betnishent Steel
Chesapen and Onaras Road
New York Poultry Prices Reported by Associated Press
New York poultry market prices released with frozen dressed chickens and fowls listed by weight and quality. Live birds including broilers and roosters priced by express shipments. turkeys and other poultry also noted with varying quotes.
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Roosters Express
Turkeys Express
Hennery White
Wennery White
Hennery Brown
Pacific Coast
al I. Ee
Sugar Market Steady With Gains In New York
Raw sugar firmer with Cuban and Ports Hicsa sales for June and July shipment cited. Futures up 2 to 4 points as refined demand improves. refiners announce 15 point price increases tomorrow.
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Associated Press
New York
Hicsa
Aear
Cotton markets quiet as prices firm in New York report
New York reports June 24 cotton textile markets quiet but firm with nine goods markets moderately busy. Spot 75v quiet and firmer, Hurisps steady at higher prices. Also notes call money firmer, prime commercial paper and bank acceptances, plus credit balances and shipment figures. Butter prices in Chicago show top scores steady while mid and lower grades barely hold.
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Associated Press
New York
Associated
Chicago
Grain Prices and Flour Market Report
The Toledo grain list shows prices for oats barley rye and seeds with bid notes and cash values. Domestic and imported cash figures are provided for various varieties with small adjustments and ranges noted, reflecting market movements.
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Toledo
Foreign War Vets To Hold Meet Here
The next state encampment of the Veterans of Foreign Wars was learned last night to be held at Charleston. Defenses from Lane 8 Anderson, past No. 227 Charleston, were sent to the state encampment at Clarksburg last week.
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Veterans of Foreign Wars
Charleston
Anderson
Clarksburg
Local post meeting reports and state sealer elected
At a local post meeting reports from detachment Watts were to be given at Armor Park school in South Charleston. At the state meeting H T Crispin of Charleston was elected to the office of state sealer. Other state appointments included RB O Connor,ate judge Advocate, John B Crim state thief of staff and George M Ford state councillor. Glasgow fishermen warned German boat to refrain from pane catching herrings before the Bet on opens.
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