Stocks Continue Higher as Leaders Rise Across Sectors
New York June 6 stock prices advanced with gains led by food, railroad, equipment and steel shares. Rails firms like Chesapeake and Atchison moved up, while Industrial Rayon and Commonwealth posted strong gains. Call money remained at 7 percent amid expectations of credit loosening next month.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Common
Chesapeake Corporation
Pere Marquette
Atchison
Union Pacific
New York Central
Industrial Rayon
Commonweath
Baldwin
New York Cotton Opens Steady to Slightly Lower
Cotton opened steady to a decline of 16 points as liquidation and house selling followed favorable weather reports. Demand held at about 18.50 for July while the market stayed quiet on the retreat with Liverpool cables noting poor offtake and weak cloth turnover for Indiana and China.
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New York
Liverpool
Manchester
Indiana
China
Hoover
P.C
Hoover appoints F. K. Heath to Treasury post
Washington June 6. President Hoover names F. K. Heath of Grand Rapids Michigan assistant secretary of the treasury in charge of public buildings. He succeeds Carl T. Schuneman who has resigned.
MENTIONED IN THIS ARTICLE
Washington
Hoover
F. K. Heath
Grand Rapids
Mich
Wall Street Stocks Nip and Tuck Across Declines and Gains
The market shows mixed moves led by chatter on farm relief and reports Hoover may issue a farm aid statement. Industrial and commodity shares shift as cotton and grain futures fluctuate with varying buyer interest.
Baldwin to Surrender Seals in King’s Presence
London reports say Prime Minister Baldwin and the cabinet will surrender official seals to King George tomorrow with Ramsay MacDonald set to receive them Saturday. Speculation on cabinet posts includes MacDonald taking foreign affairs or Sir John Sankey becoming Lord High Chancellor amid talks.
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London
Stanley Baldwin
King George
Ramsay MacDonald
Labor
MacDonald
Foreign Office
John Sankey
Appeal Court
John
Hampstead
Radio Operator Charged With Murder Escapes Aboard Ship
William Tailman a radio operator jailed on murder charges in Los Angeles was missing when the steamship Admiral Bacon docked in San Francisco after being arrested Tuesday aboard the vessel.
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San Francisco
William Tailman
Admiral Beacon
Virginia Patty
Los Angeles
White spotted touring cars serve as taxis in Indies cities
Touring cars with a white spot on the sides are being used as taxis in cities of the Netherlands East Indies to distinguish them from private vehicles. The change reflects local regulations guiding transport services in the colonial era.
MENTIONED IN THIS ARTICLE
Netherland East Indies
Reports Plague Japanese Vessel Burning Mystery
Tokyo dispatch says the Japanese steamer Ugo Maru arrived at Kamchatka with 43 crew and 700 passengers. Investigations are underway into earlier reports that the vessel burned while chartered by the Soviet fish trust, en route from Kamchatka to Vladivostok. Soviet authorities deny the mishap and claim the reports were spread to hinder recruiting fishing crews.
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London
Exchange Telegraph Company
Tokyo
Kamchatka
Siberia
Soviet Fish Trust
Vladivostok
Liverpool Cotton Prices and Futures Report
Liverpool notes a quiet market with prices down from earlier levels. American grades dominate sales at 4,500 of 8,000 bales, receipts total 1,000 with no American inflow. futures finish steady with July at 9.93 and late-year contracts around 9.88 to 9.95.
MENTIONED IN THIS ARTICLE
Liverpool
S. L. Owen Improves After Illness in Lexington
Lexington June 6. S. L. Owen, veteran Lexington merchant, has been ill for three months but is slowly improving and recently managed an automobile ride.
MENTIONED IN THIS ARTICLE
S. L. Owen
Lexington
Chicago Livestock Show Prices Dip and Rise in Hogs Cattle
Hogs receipts 25 000 strong to 1c higher with top 11.00 and porkers mixed. Cattle and calves firm to higher with better grade steers up to 15.00 and yearlings 13.50 to 15.25. cows and bulls steady to higher, milk fed yearlings at 12.00 to 16.25 per hundredweight.
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Chicago
Iowa
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