Market Rumors Stir Wall Street Trade Silence
New York on June 17 reports say rumors are used to influence the market while details remain secret. Despite talk of reduced distributions by several firms, thorough checks have not confirmed the rumors.
MENTIONED IN THIS ARTICLE
Wall Street Journal
Wire
New York
Commodity prices face slow recovery amid low quotations
Economists say worldwide conditions hinder early price revival in commodities. Many see little chance of further declines as quotes stay unusually low. A broad market liquidation grows as outsiders worry over rallies failing to hold.
Steel output shifts at U S Steel and independents
United States Steel Corporation cut output to 72 percent of capacity, down from 75 percent in the prior two weeks. Independents run around 64 percent, versus 67 percent in the preceding week and two weeks ago. Last year at this time U S Steel operated at capacity while independents averaged 96 percent.
MENTIONED IN THIS ARTICLE
United States Steel Corporation Hhus
United States Steel Corporation
H & Lies
St. Tae Paper
Salt-Creek
Schulte Real
Seaboard
Seiberling
Seeeemenenees
Singer Mig
Sisto Financial
Smith
Seenareneres
Southland Royalty
Southwest Gas Ut
Span & Gen Rets
Stahl Meyer
Neb
Stand
Ohio
Strauss
Swift & Prea
Syrac Wash
Tampa
Technicolor Inc
Teck Hugh Gold
Texan Oil & Land
Thatcher Sec
Tob & al
St Todd Shipyards
Toledo Edison
Transamer
Transcon Air Tr
Trans Lux
Tri Con Cor War
Triplex Saf Glass
Tri Utilities
Seneeweeneeees
Ch Corp B
Tung-Sol Lampeneeenes
Twin Star Gas A
M Ven & Co
Ccceescees Ie
Ungerleider Finnveees
Union Am
U _S Int Sec
US & Ov
Fred A
U_S
Fos Easeauesoven
Usum
Irot
United Verde
Eeeeneereerbenvees
van Camp Packing
Veeder Root
Seenrreereses
Vick Finance
Walgreen Conena
Zonite Prod
Seeneenseeesen
Alabama
BT Saessvseecen
Alumin Co
O Alumin Ltd
Cmwlh Po
Amer G & E
G & Po
Pow & L
Amer Rad
Amer
Amer Seat
Ory
Ark Pow
Bell Tel
P&l
Childs Co
Coht Gas & E
Seeerees Crown Zoller
Crucible Steel
Cudah
Dela
Deny & S Lake
Ceeeneereees
Duquesne Gas
Elec Ill
Ut Inv
Elec Po & Lt
Nat Gan
Empire O & R
Fairbanks
Firestone CM
Fisk Rubber
Fla
W&e
Gulf ._ be
Gulf St
Associated Press
Rss Invest
Tex P & L
Lek PS & A Oc Oa
Union O of Cal
Louis P & L L
Weseee
Eeeereeteeseeneness
McCord Rad
UN L & R
Zor
Mead Corps A
U S Rub
Hee
Memphis N Gas
Valvoline Oil
Mid St Pet
van Sweringen
Virg Ry
Mo Pacific
Wabash
Narranganset
Nat P & Lt
Berlin City
Elec
Niag Falls
Bogota
Mtg Bk
Niag
Nor Indies Gee "Bo
Nor State P
Brisbane
Atenenens
Penn P&l
Nesters
Phila. el
Phila Rap T
Phil S
Piedmont E
Gelsenkirchen
Potomac Edis
Proct & Gam
Ger
Stawic
Rem Arms
Helsingfors
Roch Cen P
Weneee
Isarco Hyd el
Ryerson Son
Mendoza Pr
Shawsheen
Prussia
Financial Notes: James M. Hutton Seriously Ill at Home
James M. Hutton of W. E. Hutton & Co. is seriously ill at home after dental extraction. He became ill soon after and is presently laid up. Friends hope for a speedy recovery.
MENTIONED IN THIS ARTICLE
James M. Hutton
W. E. Hutton & Co
Girdler Names Hall VP Of Upson Nut Division At Republic
Tom M. Girdler announces that R. S. Hall formerly of Bourne Fuller becomes Vice President in charge of operations and sales for the Upson Nut division. The unit will produce and sell bolts and nuts from Cleveland and Muncie plants. Also, New York Hide Exchange closes July 4 and 5 for a holiday. Columbia Bank declares semiannual 6 percent and extra 6 percent dividend payable July 1, 1930 to stockholders of record June 30.
MENTIONED IN THIS ARTICLE
Otis & Co
Cleveland
Tom M. Girdler
Republic Steel Corporation
R. S. Hall
Bourne-Fuller Company
Republic
Upson Nut
Cleveland and Muncie
The
New York Hide Exchange
Columbia Bank and Savings Company
New York
Olympic
Sandy Hook
Ambrose
Customs House
Maimyo
Calcutta
Exeter City
Bristol
Soemba
Batavia
Steeler
Cristobal
New York Central Railroad Company
New York Central
Interstate Commerce Commission
State of
Cleveland, Cincinnati, Chicago & St. Louis Railway Company
J. P. Morgan & Co
Grain Traders Suspended by Chicago Board of Trade
Directors of the Chicago Board of Trade suspend Rural Grain Company and market operators F. W. Maltby and S. J. Cottington. The move follows Cottington’s notice that irregularities in the business left capital exhausted and creditors unable to be met.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade Today
F. W. Maltby
S. J. Cottington
Farmers’ National Grain Corporation
Chicago Grain Market Shows Firm Start and Rally
Early strength in Wheat Liverpool cables and Winnipeg demand spurred a firmer open and rally, with prices closing about 2 cents higher than Monday night. Corn and oats followed with gains amid rebounding cash demand and favorable weather. cash markets remained supportive and export activity rose, while reports of larger Texas Panhandle threshing weighed on sentiment. Prices for cash grain and futures, including No 2 hard wheat and No 2 mixed corn, were listed alongside seed and livestock values.
MENTIONED IN THIS ARTICLE
Early & Daniel Company
Liverpool
Winnipeg
Seaboard
Winni
Texas Panhandle
Saccaien
Offers Wanted on Selected Stocks
Offers are sought for 20 shares The LeBlond Schacht Trucks Co and 20 shares The E C Denton Stores Co seven percent preferred stocks. Address inquiries to Owner, Lock Box 1 605 Cincinnati.
MENTIONED IN THIS ARTICLE
LeBlond Schacht Trucks Co
E. C. Denton Stores Co
Adareas
Lock Box
Cincinnati
Irregularities curb trading on New York curb exchange
Heavy morning selling and a late tape delay marked New York curb trading. Electric Bond and Share rose to 82 while United Light and Power A reached 87, with several majors like City Service and Amoco scrips fluctuating amid the market rally and later uneven moves.
MENTIONED IN THIS ARTICLE
United ,Light and Power A
American Superpower
United Gas
Amem
New York
Gt Atl & Pat No
Aero Supro
Gt Lakes I & D Nl
Air Invest Evt
Grier Stores Iatutel
Alexander Ind
Grace Str
Guardian Fire
Alleghen Gas
Gulf Oil Corp Pa
Alied Aviation
Allied Mills Eweenee
Alum Co
Handley P Prior
Candy St A
Alum Ltd
Hazeltine Seeeeeereeteee Ao
Am Beverage
Heyden Chem
Eer Eae
Sane Eeenee
Hir
Walker G & W
Serpent
Feeeeeeewees
Cit
Pal A
Aif
Horn & Hardart
Lo Sethe Renersenss
Houston Oil
Cyan
Huyler Steel
Sg Ml
al Am Gas & E Am
Ins Co Nor Am
Am Superpower
MD Megn
Internat CigerMach
Internat Pet
Inter
Arctur
Arizona Power
Inter Util A
Arkat
el Tnd Ltd
Asso Gas & Elec
Inters
Intera
Irving Air Chute
Wneeee
Lackawanna Sec
Lane Bryant
Bahia ‘Ae A
Lefcourt. Realty
Baumann
Lion Oil Wee
Bf Ning & & EP Pf
Lone Star Gas
Bulova Watch Pf
Burma Ltd
Louis L & E Aswsscet
Butler Bros Eneeennenene
Bwana M
MacMarr St Nee
Marconi
Metro Ch
Corp Sennereeens
MidRoyalty cv. Pref
Bk Wee
Cohn & Rosen
Moody’s
Comwith & Sonar
National Aviation
National Baking
Nat Bond & Share
National Casket
Dairy & E
Nat Fam
Ncceses
Nat Fuel & Gas
Tee
Chi Corp
Cooper Bess Ae Eneen
Cord Corp
Corp
T National Steel
Carroon & Rey
National Trans Sete
Nebel
Cresson
I Neet Inc A
Crocker & Wheel
Nehi Co
Eeenereneesere
Crown Ck & Int
Newberry
J J) Co
Cuneo Press
New Bradford
New Eng
Ariz
Dayton Airplane
Deere & O
Desierl Gilbert
Rio & B
Duquesne
Douglas
Noranda Mines
Avia Awar
Nor Am
Lt & Power
Duke Power Anweeeenenee
Nor Cent Texas
Duquesne Gasseeneenees
East Gas & Fuel
East Util Asso Hee
Ohio
Fisler Electric
el Bond & Share
Ovington
Empire Fire
Pacific Pub
Pacific West Oil
Pacific Tin Corp
Soe
Paramount Cab
Evans Wallo Lead
Parke Davis
Excello A & T
Pennroad
Fairey Avia
Philip Morris Petroleum Corps
Philippe (L) Seeeee
Federated Met
Pierce Governor
Pitney Bowes
Prince & Whitely
France
If Ford Mot Ltd
I Prudential Inves
Foundation Ae A
MR Pub Util Hold
Fox Theater
Eeee
Raymond Concr
Empire
Reiter Foster
Glen Alden
Globe Underwrit
L & P Tr
Knitbac Et Saest
Steel executives forecast immediate improvement in demand
E P Thomas of United States Steel told members of the National Association of Flat Rolled Steel Manufacturers that recessions are over and manufacturers should prepare now for a brighter future. The report notes optimism from a high official on June 17 in White Sulphur Springs W Va.
MENTIONED IN THIS ARTICLE
White Sulphur Springs
W. Va
E. P. Thomas
United States Steel Corporation
National Association of
Markets at a Glance Amid Mixed Price Moves
New York stocks finish irregular with United States Steel leading a rally after an early drop. Bonds and currencies show uneven activity. Commodities move with cotton up and sugar down while coffee and wheat trend higher. Corn and oats rise, provisions fall from 17 to 27 cents.
MENTIONED IN THIS ARTICLE
Ean Light and Traction Now
Central States Electric
Standard
Kentucky
Indiana
Humble
South Penn
Cosden
New York
United States Steel
Chicago
Also Mentioned on This Page
Chicago Grain
Hunter, Budde & Duble
Iaine
Central Builde
Cincinnati Stock Exchange
New York Journal Wire
Arket
Loa
iMeat
Torr
Deere
Technicolor
Cuneo
Driver
Harris
Dresser
Goldman-Sadig
Trans-America
Shenandoah
Blue Ridge
Saarbrueck
Santa Fe
Santiago Chile
Aneree Esevece Pecseeseres
Sauda Falls
Stinnes
Syd Nsw
Terni Elec
Aeronautical
Liner
Law
Westheimer & Co
Ask
Aero Marine Klemm
Bref Bro Ciasso
Swallow
Warner Pesce
Associated Presse
NEW York Bank
Wall Street Journal Wire
Ee Peers Sosaktn
BOS
Sanhaf
United
Brooklyn
Central Hanover
VEE
Hoses Sececetetitcher Besrereensene
Seweeeeeres Manhattan Ideassobsnip Consentsveveen
Lodall Manufacturer
New York Trust
Bae Secesecesensneegss
Cincinnati, Chicago ,& St. Louis
New York City
Albert H. Harris
St. Louis
Middle West
Guaranty Trust Company of
L. Littleton
J. P. Morg
First National Bank
Guaranty Company
AN & CO
National City Company OF
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