Heavy buying of oil stocks shocks market trend
Traders report heavy purchasing of oil stocks causing sharp market reaction with notable gains. Officials note a 102 percent uptick in bids and a 34 percent swing in prices, signaling renewed investor confidence and volatility across energy equities.
Local stock activity steadies amid oils rally and mixed trades
Local market turnover reached 4 977 shares with American Laundry Machinery and American Rolling Mill active. Prices fluctuated as demand shifted with odds and large blocks trading. oils rallied late aiding the close. Public utilities showed mixed weakness as broader market sentiment cooled.
New York Stock Exchange Closing Transactions Report
Complete closing stock list on the New York Stock Exchange shows total trades of 1,281,000 shares, with the 1900s industrial and rail averages posted and company names including Am. Car, Canadian Pacific, General Electric, Standard Oil, and Union Pacific among others. Markets reflect daily high and low ranges with extensive price quotes and dividends noted for key issues.
MENTIONED IN THIS ARTICLE
Associated Press
New York
New York Stock Exchange
Utah Power & Light Ba
Car. Chem
Virginia Ry
Virginian Ry
Warner Sugar
Western Electric
Western Maryland
Western Pacific
Western Union
Westinghouse Electric
Willys-Overland Ist
Hi Goodrich
Great Northern
SEAE
Hudson & Man
Humble Oil & Refining
Ill. Cent
Chi
St. L
N. O
Kansas City Power & Light
Kansas City Southern Bs
Kelly-Springfield Tire
Lake Shore & M
Tung Te Ty Oco Gio Oasis cc
Louisville Gas & Electric
Midvale Steel Cvt
Shactioen States Power Ist
Pacific Gas & Electric
Pennsylvania Railroad
Pere Marquette
Pert. Beat
P.istoa, B
Caoin Inciv
Cressec Cotnsevoe Sevies Rock Is
Kansas City, Ft
Memphis
Kansas City Terminal
Laclede Gas of
St. Louis
Lehigh Valley Con
Louisville & Nashville Ist
Manhattan Railway
Kan
Tex
Lenos
Montana Power 50
N. Y
North American Edisons
Ohio
Oregon
Pacific Tel
Hak. Goin
Philadelphia Co
Phila
Reading C. & I
Public Service of N. J
Republic Iron & Steel
Seaboard Air Line Con
Southern Pacific Cyt
Ccnsees de Gem
Ccsdisccescce
Eserenseccoscneseosoeseesenne
Tennessee Electric
Third Avenue Adj
Toledo Edison
Kansas Gas & Electric
Market Street Railway
Milwaukee el. Ry
New Pr
Len
Missouri Pacific Ist
New York Central
Pan-Am
Pet
Ber
Csesresenser
Desacesbaese
Vasche
Punta Alegre
Rio Grande West Col
New York Bond Market Report Highlights Daily Totals
Bonds on the New York Stock Exchange show total sales of par value of 12,199,000 with varied high low and close prices across rails utilities and industrials. A broad set of United States and international issues appear with numerous quotes and percentages reflecting daily trading activity.
MENTIONED IN THIS ARTICLE
Associated Press
New York
New York Stock Exchange
United States
Cverrisiecdlinises Enccicesses
Raat Na
Jurgen Marg
Wks
Gtd
Joan
City of Bordeaux
Buenos Aires
Copenhagen
Greater Prague
Rio de Janeiro
Repub
Department of Seiie
Dom
Republic
Can
Omy Pet
Dutch East Indies
French Republic
General Electric
Japan
Bank of Japan
Kingdom of Belgium
Acicnnabasikessabeth
Kingdom of
Denmark
Kingdom of Hungary
Kingdom of Netherlands
Kingdom of Norway
Cro
Kingdom of Sweden
Paris-Lyons-Mediter
Paris-Orleans
Republic of Bolivia
Republic of Chile
Sued
BAP Bade
Aig de Monsanneus
Pindibenta Genesovs
Republic of Cuba
Republic of Haiti
Republic of Poland
State of Queensland
Rio Grande Do Sul
State of
San Paulo
U. K
Eces Veveteeca Genie Seytne Hs
Icschiccescarsene
U. S
Brazil
Cent. Ry
Cleveland Stocks. by Otis and Co.
Market notes from Cleveland compiled by Otis and Co. summarize price movements across major sectors and key listings. Traders monitor shifts in industrials and utilities as regional indices drift in response to national cues.
MENTIONED IN THIS ARTICLE
Cleveland
Otis & Co
Foreign exchange rates in New York World News Service report
The June report lists European and Far Eastern rates with numerous currencies. Sterling at 4.85 percent on demand and 4.86 percent on cables. France at 4.9414 on demand and 4.95 on cables. Japan at 40.87 on demand and 41.00 on cables. Canada at 100.00 on demand. Havana checks 100.04 on demand and 100.94 on cables. several other currencies and rates are provided with varying bid and cable figures.
MENTIONED IN THIS ARTICLE
New York World News Service
New York
France
Italy
Belgium
Switzerland
Holland
Germany
Austria
Greece
Norway
Sweden
Denmark
Spain
Portugal
Hungary
Czecho-Slovakia
Poland
Finland
Rumania
Bulgaria
Japan
Hongkong
Shanghai
Calcutta
Argentina
Brazil
Uruguay
Chile
Canada
Havana
Colombia
Venezuela
Oil shares rally after Smackover drop cites 1925 prospects
New York June 9 heavy oil shares demand revived price action after early losses. Texas Company rose to a new high while Atlantic Refining Freeport Texas Pan American Pure Oil Tidewater gained. Havana Electric jumped on control rumors. United States Steel edged higher as May tonnage estimates hinted at a softer month.
MENTIONED IN THIS ARTICLE
Meare
Marine Pref
RIE
Desphonscceeaves Insingt
Cmcarsti Ince Sudtanal
Rys
Cent
Od Cringe Intertype Corp
Jewell Tea
Sida Od i Pawel
SOD
Jordan Motors
Kan
City
Kansas & Gulf
Kelly
Springfield Co
Kelsey Wheel
Kennecott Copper
Keystone Tire
Roaetyipueleceni Binney. Co
Cccncnt
Kresge
S., Co
Lehigh Valley
Maracaibo
Do Prh
Maxwell Motor Acts
McIntyre
Metropolitan Edison
Miami Copper
Mid-Continent Petroleum
Texas Depres
Montana Power
Montgomery Ward Moon Motors
Mother Lode
Nash Motors
National Acme
Nat. Distillers
Visectoc
Nat. Enam
Stp
Nevada
E. i
New York Air Brake
Cciccs
New York
New York Central
Chi
St. Louis
Acerverss
New York Dock
New York State Railway
New York Steam
Niag
Falls Power
Norfolk Southern
Norfolk & Western
Pet
Cccen
Philip Morris & Co
Cceceere Phillips Jones Corp
Phillips Petroleum
Pierce-Arrow de
Ccc
Petroleaim Snr
Pittsburgh Coal
Pitts
GB West
Republic Iron & Steel
Reynolds’ Spring
S-Sssvme
Reynolds Tobacco
Earn Bor Ete
Pera
St. Joseph Lead
St. L. South Western
Cvessseer Savage Arms Schulte Retail Stores
Aatoeccerceerssche Heave Shantvashs
Injoneocenotmenesee Shattuck & Arizona Shattuck, F. G., Co
Cciee Girmamons Co
Ccecceeereeeeneeee
Simms Petroleum
Shelly Oil
Standard Oil N. J
Sterling Posts
Stewart Warner Speed
Studebaker
Symington Ae Chermtitnenes
Boo A. CT
Twin City Rapid Transit
Underwood Typewriter
Union Oil of Cal
Union Pacific
United Bee
Iisticicn
Citation
United Cigar Stores
United By
C.-L. P. & Frédry
Hoffman Mach
Liggett & Myers
Lima Locomotive
Louisiana Oil & Ref
Ludlum Steel
Do Ist
Mackay Cos
Mintima
Sce
Coscccesscestooes
Manhattan Ry
Gtd
Manila Elec. Corp
Aeatc
Marlin Rockwell
Mathieson Alkali Works
May Dept. Stores
Ccsses
Mexican Seaboard Oil
Middle States Oil
Missouri Pacific
Motor Wheel
National Biscuit
Onyx Hosiery
Postum Cereal
Ageeesseeees
Satna Railway Securities
Reading Co
Esrececceeveereseennenes
Ressia Insurance Co
St. L. & San Fran
Escecevme
Seaboard Air Line
Seagrave Corp
Sqesehe Shell Union
Sinclair Con
Lu. S . Realty & Imp
TeReeeeReeTerese
Associated Press
Smackover
J. J. Mitchell
Texas Company
Atlantic Refining
Freeport Texas
Pan- American
Pure Oil
Tidewater
Havana Electric
Pacific Gas and Electric
United States Steel Corporation
United States Steel Common
Gulf States Steel
Crucible
Ward Baking A
Gimbel Bros
Julius Kayser
Chandler
Brooklyn-Manhattan Transit
Chicago Yellow Cab
Brunswick-Balke-Collender
Ramely Preferred
Laclede Gas
Mathigson Alkali
Maxwell Motor
Union Bag and Paper
United Cast Iron Pipe
Money market steady as call rates hold at 4 percent
New York June 9 Call money steady at 4 percent with last loan 4 percent and offerings at 4 percent. Call loans against acceptances 3 1/4 percent. Time deposits and collateral mixed. sixty to ninety days 3 1/2 to 4 percent. four to six months 3 1/2 to 4 percent. Prime commercial paper 3 1/2 to 4 percent. Bar silver 68 1/2 cents. Mexican dollars 52 1/2 cents. London June 9 Bar silver 31 9/16d ounce. Money 8 1/2 percent. Discounts short and three month bills 4 7/16 to 4 3/4 percent.
MENTIONED IN THIS ARTICLE
New York
London
Cotton futures rise on covering amid drought fears in South
The cotton market in Cotton New York closed higher as short covering supported by fears drought in the South and Central Texas will hinder crops. October futures climbed to 22.70 cents, with overall gains 37 to 45 points. U.S. port stocks and receipts noted alongside season totals and exports.
MENTIONED IN THIS ARTICLE
New York
Texas
United States
Chicago Butter Market Quiet Despite Slight Firmness
Chicago June 9 trade was quiet across markets with butter markets marginally steadier. Centralized 92 score for fresh butter held at 42 1/2 cents, 90 score at 42 1/2 cents, and 92 score at 42 1/4 to 42 1/2 cents in light ice conditions.
MENTIONED IN THIS ARTICLE
Chicago
Annie Fresh
Chicago stock figures on Armour, Libby, and others
Chicago stocks report lists Armour preferred at 87 percent, Cudahy 94 1/2, Libby McNeill 7 percent, Midwest Utilities 98, Swift & Go 111, Union Carbide 66, United States Gypsum 165, Wahl 13, Fair 338 percent.
MENTIONED IN THIS ARTICLE
Chicago
Armour
Cudahy
Libby-McNeill
Midwest Utilities
Swift & Go
Union Carbide
United States Gypsum
Wahl
Fair
Also Mentioned on This Page
LST
IL. A. Parrish
Local Stock Exchange
Churngold
Cooper
Eagle- Picher Common
Formica
Gibson Art Common
Kemper-Thomas Common
Kroger Grocery
Baldwin
Champion Coated Paper
Gruen Watch
Kodal Radio
Kroger Grocery and Baking New
United States Printing and Lithograph
United States Shoe
C.,.n. & C. Commion
Ohio Traction Preferred
Cincinnati Street Railway
Ohio Bell Telephone
McLaren A
Procter & Gamble
Richardson Common
Common
Cincinnati
Suburban Telephone
Lithuania
Russia
NEW York Exchange
Abitibi Pow. & Paper
Adams “Express
Adaies Moy
Romy -Vvcisisisionnn
Siebabibetines
Alaska
Juneau
Impuicababibieniin al. Chem. & Dye
Sete Allis, Chalmers
Am. Agri. Chem
TIE Erie
Casavconenssdthe Newscoas Am
Brake Shee Fdy
Panataeceepnenitieerencoene
Cicenescasess de Vestdoons Am
Chain A
Safety Razor
Ship & Commerce
CGF Socicas Ssescenapceseneves
Snuff Pref
Tim
Sumatra
Dbisonameoill Am. Water Works
Pte
Wes
Inosiatioeed Am. Woolen
Eetigupesaionvenes
ATP Ceapesnsunesinsesccs Aviations Am
Wte
Am. Inc. Lead & Smelt
BN IE
Ncan Pubesnt
Sonustenteia Pences Anaconda
Archer-Daniels-Midland
Armour & Co
del. Pr
Ill
Asso
Top
Santa Fe
Sccopsonmiens
Bethlehem
Coscorsecesvses
Briggs Mfg. Co
Brooklyn Edison
Cccccceris Ey Aieg
Receneer Nenien Ee Necu
Bklyn
Union Gas
Brown Soo
Brunswick-Balke-Coll
Barns Brees. A
Burroughs Add. Mach
Butte
Butte & Sup
Ao Iababe CN
California
Cal. Petroleum
Saiiepeeliess
Callahan
Calumet & Hecla
Canadian Pacific
TIO
Seretes Esoceces
SII
St di Dopsnieegubiecine Abnpiness Century Rib
Mills
TEETO
Civicocccenzsecseess
Cori Egre
Ccsvciccs
POE
CED
Seeisesense
Ncesssveese
Chandler Motor
Chesapeake & Ohio
Western A
Mil
St. P
Columbia Gas & Elec
I OE
Crerenshinevecenivborese Commercial Serv
Bete Siccinhora Pinnenns Dubinn
Siipbisesense Congoleum-Natra
Consolidated Cigar
Anipese Ee Haat Continental
Continental Insurance
Continental Motors
Corn Products
Se BP
Snsecevegeceensis Crucible Steel
Cuba
Cuban Am
Cudahy Packing
Cuban Dem. Sugar
Es Ccsineens Jeceianebincesis Niec Cuyamel Fruits
NES A Ners Dan
Boone Woolen Mills
Davison Chemical
Delaware & Hudson
Del
Lack. & Western
Detroit Edison Cipd
Ebpeoosseves Estevecses Bpo Webb, du Vinscces Dictecteoescoes Esceves
Essesansibive Rei
COE Omen Endicott-Johnson
Eric R. R. Dodd
Fairbankse-Morse
RODD
Berbe
Fleischmann Co
General Cigar
General Motors
Con Eels
Comiracnen Gimbel Bros
Datibenc Edibleneneseass Reem
Stauknid Glibecine
Appeatonnocen
NS UR En Oil Cinensaperennstases- Do Pri
Great Ern Sugar
Gulf, Mobile & Northern
NT I, Iki Indidensipa Sens Niciens Hanna Co
Inspiration Copper
Internat. Agri. Corp
Int
Business Mach
Combustion Eng
Find
Barvedter
Decessores Esseeee General Asphalt Co Special
General Petroleum
Raph
Ge'c
Sityiatty
Sare Inese Ee
Ricca
Tagen
Beerene Beneesenesesen
Sant Ennee
Ge Ie
BO. Mecevennian
iGeah
Arad
Tn Beale
Ascinineicsonsceets
de Ooges
Onnacte
Univ
Fe & Et
BMG
Weber & Heilbronner
West Penn
LastiCh
Western Union Tel
Weston Elec
Inst
Westingh
Elec
Mfg Sree
TPP
Trier
Wheeling & Lake Erie
White Eagle Oil
Foose Rao R
White Motor Co
CAPO
Ween Wickwire Oifs
Wickwire-Spencer Steel
Willys-Overland Prem PU
Coree Roe
Gssvseeschicneeeies Wilson & Co Coop Cope
Woolworth, F. W., Co
Worthington P. & Mac Do
DFP
Init Pirksarertet Gures
Arte O
Wright Aeronautical
Wrigley, Jr., Wm
Yellow Cab Mfg
Youngstown Sheet & Tube
Artly
Wweaufay
Clliveda Austin Ae Ae Eee
Enone
Ane
Eeee
Benee Tenon
Renee Tanee Ee Veeee Tenee
Amer. Agri. Chem
Amer
Ccccc
Tel
Debs Ba
Siha Es
Rasanedah Pereavinny Sone Amer
Water Works & Elec
Coast Line
Baltimore & Ohio Rig
Man
Buffalo, Roch. & Pitts
California Petroleum
Central of Georgia
Central Leather
GOBA
Diclirinritbiagiceoneetaits
Chicago & Alton
BOE
Iinibiniersenve Veenee
Chicago & East. Il
Western
Northwestern
Terre Haute
E. Inc
Chicago Union Station
Chic
Western Ind
Cife Co & Bt
Louis ‘Ris
Cleveland Union Terminal
Commonwealth Power
Coal of Maryland
Consumers Power 58
Delaware & Hudson Cvt
Denver Gas & Electric Ist
Denver & Rio Grande
Ucewas
Ewessas
Ver
Meer
Local Securities
Coop Eee Mee
Seasesegee
Lab. Com
Cin
Gas & Elec
Rolling Mills
Campbell's Creek
CheemrOee
Cincinnati Union Stockyard City Ice
Iscictsecics
John Cen
Daisinsii Dow Drug
Eagle-Picher
Fletachanina
Formica Insitation
French Bros. -Bauer Con de
Ohie Green
Oglesby Paper Pref
Paragon Refining Com
Richardson
Senate
Toreee
Fay
Sonnee
Oreree
Sreeee
Eeeeee
Seeewe
Whitaker Paper
Wurlitzer
Atlas National
Citizens National Leger Eee
Lincoln Nationa
Western Bank and Trust
Cincinnati Telephone
Cincinnati Gas and Electric
Cincinnati Gas Transportation C., N. & C
Cincinnati Gat Railway
Ohio Traction
Teste Eeeee
Wteeet
Onenee
Weenee
Ares
Central
Cleveland Railway
Firestone T. & R
Pereee Goodyear T. & R Granselli Chemical
Metro
Miller Rubber National Efining
Ohio Bell Tel
Hic Brass
Eereeerwaree
Paragon Refining A
Richman Bros
Peerless
T River Raisin Paper
Sherwin-Wiliams
Stearns Motor Trumbull Steel Co
Pny
Missouri Pacific Railroad Co
The
National City Company
East Pear
Safe Investments
Hardee County
Fla
Weil, Roth & Irving
Dixie Terminal Building