Credit tightening again weighs on market shares
Associated Press reports tightening credit conditions affecting market activity on June 4 in New York. Call money steady at 6 percent. about 15 million dollars in loans recalled and banks scarce for broker borrowings. Prices fluctuated, with American Express and American Railway Express reaching moves on rumors and denials.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Banke
Radio Corporation
International Telephone Company
American Express
American Railways Express
American Railway Express Company
Bimber Bros
Sears Roebuck
Case
General Motors
International Telephone
Western Union
Wright
Curtiss
American Telephone
Consolidated Gas
Westinghouse Electric
Montgomery Ward
Packard
High Point to vote on city hospital bond issue
A special election is set for July 3 1928 in High Point North Carolina to approve an ordinance authorizing up to 200000 of city bonds for a new hospital and to levy taxes not exceeding six cents per 100 dollars for support. Polling places are listed with designated registrars and judges for seven precincts. New voter registration is open from June 4 to June 23 1928 at each precinct office.
MENTIONED IN THIS ARTICLE
High Point
N. C
North Carolina
City of
Chamber of Commerce
Globe Industrial Bank
North Wrenn Street
George W. Lowe Motor Co., Inc
Elwood
South Main Street
South Wrenn Street
Evans Store
Man
A. M. Upshaw
F. M. Wright
Baxter Ridge
W. M. Kinney
G. T. Royals
Z. M. Silman
J. O. Coltrane
R. L. Spencer
J. E. Horney
A. G. Burchfield
L. Ragan
CIA
Electric and Auto Light declares initial quarterly dividend
Stock data notes new common stock at four dollar annualized basis and compares with prior six percent yield. Westinghouse Electric orders two generators from Alabama Power valued at one million dollars. Postum buys Cheek Neal for forty five million dollars with twenty one point two five million cash and rest in Postum stock at thirteen five dollars per share. Market summaries show averages for industrials and rails rising, while sector commentary remains cautious on grains.
MENTIONED IN THIS ARTICLE
Elec
Auto Light
Common
Old Common
Westinghouse Elec
Mfg. Co
Ala. Power Co
Postum Co
Cheek Neal Co
Maxwell House Coffee
Postum
Whitney's Letter Signals Broad Market Advance Buy Guides
Whitney's letter notes a strong technical base across many issues, hinting at a renewed market uptrend. It urges buying American Smelting above the 200 level and suggests Anaconda and related units may merge broadly, advising purchases under 75. Mo Pacific nears a breakout, with Packard and Sears Roebuck seen as undervalued before a ten point rise.
MENTIONED IN THIS ARTICLE
Anaconda
Mo. Pacific
Packard
Sears Roebuck
Whitney
Weather notes and market signals from Liverpool to Texas
Cotton market notes from Liverpool at 12 15 p m July 2 and Oct 2 show American points ahead of December. Weekend rains totaled over four inches in San Antonio and Galveston and lighter in Meridian Montgomery Raleigh Meridian. Forecasts call for continued rain for Carolinas Georgia and parts of eastern Texas, with cooler showers in the south and fair conditions in west Texas. Saturday business in Worth Street was light with preferences on long side reactions.
MENTIONED IN THIS ARTICLE
Liverpool
South
San Antonio
Galveston
Little Rock
Miridian
Vicksburg
Meridian
Montgomery
Raleigh
Carolinas
Georgia
Alabama
Mississippi
Arkansas
Oklahoma
Texas
West Texas
Cntral Oklahom
Louisiana
Tennessee
Worth Street
Cotton Opinions Stir Market Yet Again
Hubbard Bros. predict further unsettled weather will spur general buying and renewal of the upward trend over the weekend. Pynchonard Co. advises purchases on price breaks. Orvis Bros. urges buying cotton as prices ease.
MENTIONED IN THIS ARTICLE
Hubbard Bros
Pynchonard Co
Orvis Bros
Grain Opinions on Wheat Market and Corn Rally
Grain opinions note the wheat market remains influenced by weather and demand. Jackson brothers discuss selling corn during fair rallies, highlighting price shifts and potential futures movements.
MENTIONED IN THIS ARTICLE
Jackson Bros
Weather outlook across Midwest and plains states
Central weather shows rain in Cincinnati Columbus and Springfield with balance from clear to cloudy and mixed temperatures. Northwestern Winnipeg area reports 60 degrees in Duluth while St Louis experiences rain and Moorehead turns from cloudy to partly cloudy.
MENTIONED IN THIS ARTICLE
Cincinnati
Columbus
Springfield
Duluth
St. Louis
Moorehead
Illinois
Indiana
Missouri
Iowa
Nebraska
Minnesota
Dakotas
Kansas
New York Market Faces Continued Irregular Trading
The New York trading session is expected to continue with irregular activity today. Special issues are highlighted on the constructive side.
MENTIONED IN THIS ARTICLE
New York
Temperatures cool with rain over belt this weekend
Memphis notes cooler temperatures with widespread rain across the belt over the weekend. Forecast for Monday calls for cloudy unsettled conditions in the eastern and central sections. Heavy rain expected in Texas.
MENTIONED IN THIS ARTICLE
Stanley
Memphis
Texas
Market Opinions Highlight Short Interest Moves
Lending opinions from Lamborn Hut.chings show intensified short interest across active sectors. Hirsch Lilimenthal notes acceptance of higher money rates. Hornblower & Weeks warn that month end money dynamics could worsen overbought conditions in the general market.
MENTIONED IN THIS ARTICLE
Lamborn
Hutchings
Hirsch Lilimenthal
Hornblower & Weeks
Silver Prices and Mexican Dollar Rates
New York market update notes bar silver at 60 1-4, Mexican dollars at 46 3-8 on June 4. Investors monitor precious metal prices amid steady trading and currency shifts.
MENTIONED IN THIS ARTICLE
New York
New York Dairy Prices and Receipts Report
New York dairy market report shows butter steady with 5,652 cases received, eggs irregular with 23,610 cases, and cheese firm with 55,946 cases received. The item notes daily receipts and price status for each dairy product.
MENTIONED IN THIS ARTICLE
NEW York Dairy
New York
Cotton market report from Liverpool on June 4
Cotton spot prices held steady in Liverpool with all grades quoted tighter. American grades showed strong sales of 3000 bales in today’s 5000 bale total while receipts reached 27,000 with American imports at 19,400. Futures closed steady with July at 11.15 and remaining months around 10.95.
MENTIONED IN THIS ARTICLE
Taverpool
Liverpool
Chicago Potatoes Market Report June News
Chicago June 4 receipts show 201 cars on track for 21 dollars and 808 shipments over the weekend. Sacks and barrels of Bliss Triumph and Irish Cobblers move at varied prices with regional tonnages listed for Alabama Texas Louisiana Florida South Carolina Wisconsin Minnesota Idaho. Market trading described as good to slow and steady across varieties.
MENTIONED IN THIS ARTICLE
Chicago
United States
Alabama
Texas
Louisiana
Florida
South Carolina
Wisconsin
Minnesota
Idaho
New York Cotton Prices Rally on Weekend Rainfall
Reports of weekend rains in the cotton club district and heavy precipitation at some points created bullish sentiment in New York on June 4. Prices jumped sharply with a 49 to 45 point advance on the upturn as traders sought to realize gains.
MENTIONED IN THIS ARTICLE
New York
Closing quotations steady with quiet mid afternoon market
Saturday closing quotations show a calm mid afternoon session with slight reactions between 6 and 8 points. Cotton futures data lists opens highs lows and closes for Jan Mar July Oct and Dee with values ranging around 2047 to 2121 and settlements near 2053 to 2092.
MENTIONED IN THIS ARTICLE
Dee
Wheat Prices Jump as Bulls Lead Market Rally
Chicago traders pushed grain prices higher after an early dip as commission houses stepped up buying. A leading expert’s bullish crop advice fueled demand. wheat finished 1 8 to 1e higher, corn slipped 1-4 to 7-8e, oats varied, and provisions showed mixed to slight gains.
MENTIONED IN THIS ARTICLE
Chicago
Metals Market Report From New York Dated June 4
Copper steady at 1434 for spot and futures while tin eases to 4950 spot and 4975 futures. Iron futures mixed with No 2 fob eastern Pennsylvania 2900 and Buffalo 1600 1700. Lead dull with spot New York 680 and East Louis 615 620. Zinc quiet at East St Louis 612, futures 655 617. Antimony 10 11062. Quicksilver 125.90.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Buffalo
Alabama
Louisis
Call money rates in New York firm on June 4
Call money stronger with high 7 and low 6, ruling rate 6 with closing bid 7. Time loans steady, collateral taixed, 60 to 90 days 51-2, 4-6 months 41-2 to 3-4. Bankers acceptances quoted 30 days 41-8, 60 days 41-8 4, 90 days 41-8 4, 4 months 41-4 to 41-8, 5-6 months 45-8 41-4.
MENTIONED IN THIS ARTICLE
Call Money
New York
Prime Mercantile
Bankers
U S Government Bond Prices Quiet in New York Trade
U S Govt bonds closed with Liberty 3 1 2 at 100.9 and first 4 at 101.16. Liberty third 4 at 109.29 and fourth 4 at 101.29. Treasury 4 1 48 at 113.31 and 48 at 109.29. Treasury 3 3 4 at 195.26 and 3 3 88 at 101.18.
MENTIONED IN THIS ARTICLE
S&s. Bonds
New York
S. Govt
Liberty
Liberty Fourth
Treasury
New Orleans Futures Close Steady Gains Across Contracts
Cotton futures closed with a net advance of 27 to 30 points in New Orleans trade. The brief session featured mixed activity across Jan Mar July Oct Dec contracts with prices ranging around the mid 2040s to mid 2060s.
MENTIONED IN THIS ARTICLE
New Orleans
State College expands to widen classroom space
The college president notes new buildings near completion that will provide sufficient space for all departments. He says the additions will broaden the program and reduce training disruptions for students, allowing better classroom work on campus.
MENTIONED IN THIS ARTICLE
State College
State
Campaign artillery unlimbered in Florida for primary day
In Jacksonville on June 4 reporters noted candidates resumed closing campaigns across Florida with final speeches ahead of tomorrow's statewide Democratic primary. Many hopefuls spent the day at home or nearby turf to mobilize voters for the polls.
MENTIONED IN THIS ARTICLE
Jacksonville
Fla
Florida
Man wounded in knife attack in Durham home
Eric V. Leigh, 33, of Chapel Hill, was found at his Durham residence with knife wounds to the throat and brought to the hospital on Saturday. He is reported recovering. Leigh had been morose for some time.
MENTIONED IN THIS ARTICLE
Durham
Eric V. Leigh
Chapel Hill
Leigh
Tax liens filed against fugitive oil magnate Blackmer
Notice of tax liens totaling 6 442 455 62 dollars on unpaid income taxes interest and penalties were filed today in the United States district court and register's office in New York against Henry M Blackmer a fugitive oil magnate believed hiding in France and now sought by authorities.
MENTIONED IN THIS ARTICLE
New York
Henry M. Blackmer
France
United States District Court Office
Register’s
Flashes of Life on New York Flight Ambitions
Mrs James A Stillman dreams of being the first woman from the United States to fly to Europe but weighs family duties. She recounts a flight with Thea Rasche in The American and hints at pursuing journalism as a future path.
MENTIONED IN THIS ARTICLE
New York
James A. Stillman
Europe
Thea Rasche
Pilot survives looping the loop fall and lands safely
In Buenos Aires a stunt went awry when a pilot was ejected from a looping plane and parachuted to safety. The observer remained, the aircraft then nosedived but the observer managed to right the plane before it landed safely.
MENTIONED IN THIS ARTICLE
Buenos Aires
Woman of 73 Walks 17 Miles for Perm
New York headline notes a 73 year old woman walking seventeen miles to obtain a permanent hairstyle. The item highlights remarkable endurance and local interest in fashion and daily life in the city.
MENTIONED IN THIS ARTICLE
New York
Jazz Reaches San Blas Jungle Through Radio Hums
New York report notes San Blas Indians in the jungle whistling and humming American jazz learned via radio. Actress Fay Lockbridge, returned from Panama, says she found an excellent set working in a village deep in the woods reached only by arduous foot trails.
MENTIONED IN THIS ARTICLE
New York
San Blas
Fay Lockbridge
Panama
Miss Bierman to Receive Master’s Degree at Columbia
New York report notes Miss May Bierman, a blind dancing teacher, will earn a master’s degree at Columbia University. The piece also highlights Geraldine Mary Saracco, who left school at 15 to work in a dress factory and won a Bryn Mawr scholarship through night study.
MENTIONED IN THIS ARTICLE
New York
May Bierman
Columbia
Geraldine Mary Saracco
Bryn Mawr
Assistant Librarian of University Leaves for Kansas
C M Baker longtime assistant librarian at the University since 1919 has accepted the post of director of libraries at the University of Kansas. He will start in September and move with his family to Lawrence Kan. He previously served at Camp Jackson Green and Meade and taught at Syracuse University. Donald W Coney is considered for the vacancy.
MENTIONED IN THIS ARTICLE
Donald W. Coney
University of Delaware
Helen Wills and Henri Cochet Crowned Tennis Champions
In Auteuil France on June 4 Helen Wills of the United States defeated Eileen Bennett of England 6 1 6 2 to win the women's singles and Henri Cochet of France defeated Rene Lacoste 5 7 6 3 6 1 6 3 to take the men's title at the internation hard court tournament.
MENTIONED IN THIS ARTICLE
Auteuil
France
Helen Wills
United States
Henri Cochet
Miss Wills
Eileen Bennett
England
Cochet
Rene Lacoste
Paris Triumph Highlights Tennis Champs Connexions
The report notes a landmark victory in Paris for a player matching past Olympic glory from 1924. It marks two of the three major national titles with Lacoste still holding the American crown, while Cochet ascends with inspired play.
MENTIONED IN THIS ARTICLE
France
England
United States
Paris
Cochet
Lacoste
Henri
Baltimore Lawyer Shot and Killed in Building
Clifton S. Brown a Baltimore law firm member was fatally shot as he neared his office in the building. Police seized the shooter who collapsed at the station before identification. Brown died en route to hospital. a grieving widow and three children survive.
MENTIONED IN THIS ARTICLE
Baltimore
Clifton S. Brown
Brown
Tragedy claims 11 year old after tree fall
John Jarman 11 son of an Upper Jones county couple died from a skull fracture suffered when he fell from a tree in Trenton North Carolina. The accident occurred Sunday.
MENTIONED IN THIS ARTICLE
Trenton
N. C
John Jarman
Jones County
Try an Easy Washer and you will be pleased
A brief appliance notice promoting an Easy Washer with contact phone 2876. The ad emphasizes customer satisfaction and urges readers to call for more information or purchase.
North Carolina urged to expand higher education
Dr. E. C. Brooks, president of North Carolina State, told trustees in Raleigh that state colleges must develop a graduate school and complete courses to stop students from seeking training in northern and western institutions. He urged a statewide commitment by faculty and government.
MENTIONED IN THIS ARTICLE
Raleigh
Carolina
E. C. Brooks
North Carolina State
PD. Brooks
State College
Wall Street Mixed as Inventories Shift in Late Winter Trading
Traders eyed uneven progress across sectors with names like Anaconda Copper Co and Goodyear Rubber showing gains while Phillips Petroleum and Westinghouse Electric slipped. Investor focus centered on corporate results and broader market volatility amid volume fluctuations.
Also Mentioned on This Page
Stanley W. Prenosil
John F. Clark & Company
Commercial National Bank
Thomson and McKinnon
Logan and
Bryan
Chicago Grain
Nik
Pag
Aloe
Eer
Brooks
Adams Millis
AMON
Aeon
Ssa
Esac
Secon
Visena
Ligett Meyers Wc
Weess
Smu Burr
Fuagis
CMB T PF
Ssc
Sess
Sears Hoebuck
Studabaker Motors
Stewart Warner
Cance Oo
Dailey A
Tesna Coron O.aco
Texas Gull
TOY US
Vivedoul
Ku Eceen Bt
ATF Victor Talk
Vick Chem
Cassasce Tom
White Motors
Westa Elec
Ume
Amn Woolen
Crucible Steel
Pierce Arrow
Woolworth
Miami Copper
Ti and Ry Co
Ches and Ohio
OG c. Ik Ee
Goodrich Rubber
Kelly Springfield
Kenecotte Copper
Hasan Som
Seaboard Oil Nee Ae
Kresge
Ceenas Tae
Stand Oil of NY Seeds BO
Notih Ame
Simmons Co
Cessseee
Dupont
Faure
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