Market Rallies And Dips Mark Oil Stock Day
Heavy buying of oil shares led by the Standard Oil group tempered a sharp market dip. Early gains faded to losses before midday then the market rose again in the afternoon as volume stayed light and calls money remained abundant.
MENTIONED IN THIS ARTICLE
Standard Oil
New York
Standard Oil Group
Federal Reserve
France
New York Federal Reserve
Chicago Federal Reserve Bank
Atlantic Refining
Standard Oils
California
New Jersey
Market Recap Yields Cautious Rally Across Wheat and Corn
Traders note an overdue rally in wheat and corn after a sharp downturn. July wheat off 34 1 4 cents, corn down 8 5 8, with prices around 140 for nearby wheat and under 1.00 for corn. Lead operators avoid short selling amid liquidation in July and September and expect further moderate upturn as new crop progresses.
MENTIONED IN THIS ARTICLE
Chicago
Market declines as blue chips soften in early session
Stocks show broad weakness with high-priced specialties dropping 6 to 8 points from yesterday's final quotes. Greene Cananea Copper General Motors Allied Chemical International Harvester International Telephone Dupont and Delaware and Hudson fall 4 to nearly 6 points amid morning trading.
MENTIONED IN THIS ARTICLE
Ger
Case Threshing
Curtiss, Radio and Coty
Greene Cananea Copper
General Motors
Allied Chemical
International Harvester
International Telephone
Dupont
Delaware and Hudson
Stock Market Roundup Includes Dividend, Chrysler Meeting
Inter. Tel. and Tel. first quarter earnings 2.62 versus 2.95 in 1927. Regular quarterly dividend 1.50 payable July 16 with record June 22. Chrysler Corp. calls stockholders meeting for July 7 to approve increasing authorized common for Dodge Bros. New York Fed keeps rediscount rate unchanged. Brokers loans down 135,549,000 week to June 13 totaling 4,427,691,000, and 3,159,860,000 on June 15, 1927. Average 20 industrials 210.76 up 1.75. Average 20 rails 138.16 up 53.
MENTIONED IN THIS ARTICLE
Inter. Tel
Tel
Chrysler Corp
Dodge Bros
New York Federal Reserve Bank
Weather and market notes from New York and Southern states
Cotton market results show American points above due with 5,000 mids. Southern forecast predicts cloudy conditions with showers in the Carolinas and thundershowers across the deep South. Mississippi River flood level expected to rise to a foot and a half above stage at New Madrid on the 19th. Texas crop damage due to rain and pests noted with renewals of replanting.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Jacksonville
Raleigh
North Carolina
South Carolina
Georgia
Alabama
Mississippi
Arkansas
Oklahoma
Texas
New Madrid
Dallas News
Northwest
Central
West
South
Memphis Weather Forecast Cites Scattered Rains
Memphis report notes temperatures nearly steady with light rains in eastern belt and Alabama while heavy rains affect Vicksburg and New Orleans districts. Friday forecast calls for eastern belt mostly fair, central belt possible showers, western belt cloudy except west Texas. Stanley.
MENTIONED IN THIS ARTICLE
Memphis
Eastern Belt
Alabama
Vicksburg
New Orleans
Central Belt
West Texas
Stanley
New Orleans Cotton Sees Upward Tilt Amid Rain and Weevil News
The New Orleans cotton market showed moderate activity with an overall upward trend. Prices rose to 2018 for October and 2016 for December at peak, then eased, later recovering amid showery forecasts and reports of weevil activity, with daily exports at 22,047 bales.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Texas
New York Cotton Opens Steady As Liverpool Rains Aid
The New York cotton market opened steady with a 1 to 6 point advance on news of rains in the south and floods in the Mississippi valley. October futures rose to around 10.64, about 7 points above yesterday, with limited selling as mills curtail and prices firm on light demand. Trade noted private cables from Liverpool and Bombay buying. midmorning activity kept the market steady, 4 to 7 points higher on active positions.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Mississippi Valley
Bombay
Loverpool
India
Chicago Market Wheat and Corn Prices Report
Chicago market prices show July wheat at 139% with near terms 138% and 137% lows, Sept at 141 141% 139% 140, Dec at 144 144% 142% 1438. Corn quotes for July 100% 102% 100% 101% Sept 99% 100% 98% 99% Dec 36% 67 86 63%. Oats values list July 82% 52 52 52 and other months 53% 538% 525% 63%. Rye figures July 1234 125 123 123 Sept 120 120% 118 118% Dec 119% 120% 188% 118%. Lard prices show July 43.60, Sept 3306, Oct 218e 1185, Dec 2198 1200. Rib s and Bellies sections include July and Sept quotes with varying figures.
MENTIONED IN THIS ARTICLE
Chicago
Eure
Wheat market reports favorable weather and lower Liverpool quotes
Chicago note dated June 15 reports favorable weather in the northwest and lower quotations from Liverpool influencing the wheat market. The report signals potential price adjustments as traders respond to weather outlooks and European price signals.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Market quotes for grains and seeds in Chicago
Wheat No. 2 Bard quoted at 1.43 to 1.45, No. 2 mixed at 1.42 to 1.50. Corn No. 2 mixed 0.02 to 1.03, yellow 1.03 to 1.04. Oats No. 2 white 0.69 to 0.70, No. 4 white 0.57 to 0.67. Rye no sales, Barley 0.90 to 1.02. Timothy seed 4.00 to 4.75. Cloverseed 19.75 to 27.00.
MENTIONED IN THIS ARTICLE
Chicago
Timothy
Liverpool cotton prices rise as sales reach five thousand bales
Cotton in Liverpool shows fair demand with higher quotes across grades. American cotton dominates 3,500 of 5,000 bales sold. receipts total 3,000 with 2,000 American. Futures close barely steady with July at 10.94 and January/March/October around 10.70.
MENTIONED IN THIS ARTICLE
Liverpool
Chicago Potatoes Market Report Battles Weather
Chicago market round up shows receipts of 61 cars with 228 on track and 1,436 U S shipments. New stock trading fair to weak while old stock moves slowly. Bliss Triumphs and Irish Cobblers noted with price ranges and regional declines.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Alabama
Louisiana
Texas
Bliss
North Carolina
Wisconsin
Idaho
Wall Street Opening Mixed Price Moves At Start
Mixed price movements marked the opening on June 15. Standard Oil of New Jersey moved up 38 cents on a block of 10,000 shares to 44 38. Curtis Wright aircraft advanced 1 percent to new levels. Radio Corp rose 11 percent while General Motors U S Steel and Anaconda opened about a point lower. Case Threshing posted an initial gain of seven points.
MENTIONED IN THIS ARTICLE
New York
Standard Oil
New Jersey
Curtis Aeroplane
Radio
General Motors
U. S&. Steel
Anaconda
Turpentine and Rosin Stock and Sales Report
NAVAL STORES REPORT Savannah June 15 shows 501-2 turpentine sales 414 receipts 604 shipments none stock 15694. Rosin sales 1583 receipts 1889 shipments none stock 90946. Quoted prices B 760 D 770-75 E 785-90 F 795-800 G HIK 800-05 M 805 N 830 WG 915 WWX 975.
MENTIONED IN THIS ARTICLE
Savannah
Cottonseed Oil Prices Close Easy in New York
Cottonseed oil markets in New York closed easier with summer yellow at 10.10 and crude at 8.75. Futures for January 10.56, June 10.10, July 10.12, August 10.35, September 10.44, October 10.55, November 10.53, December 10.56. Sales totaled 8,800 barrels.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Metals Market Update: Copper and Tin Steady in New York
New York copper firm for spot and futures at 143.4, tranquil Tron, tin steady with futures at 48.62, lead steady with spot quotes 6.30 in New York and 6.20 at East St. Louis.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Dairy Prices Hold Steady As Butter Flat In Chicago Market
Chicago dairy market notes butter unchanged with 13 027 pounds received and eggs higher with 15 779 cases received on June 15. Prices and exact figures outlined by the report reflect steady butter despite rising egg receipts.
MENTIONED IN THIS ARTICLE
Chicago
Eggs Firmer Help Prices in New York Market
In New York on June 15 eggs showed firmerReceipts totaled 24 455. Market activity indicated steady demand and price stabilization across districts.
MENTIONED IN THIS ARTICLE
New York
Silver and Mexican Dollar Prices Recounted
The report lists price quotes for silver bar at 59 3 4 and Mexican dollars at 45 38 4, indicating exchange or commodity values in the period.
MENTIONED IN THIS ARTICLE
New York
Republicans split over vice presidential choice at convention
Delegates in North Carolina debated ballot preferences with the majority favoring John Q. Tilson of Connecticut for vice president. After today’s session, the Tar Heels plan to depart by various routes to St Louis Cincinnati and Atlanta. The North Carolina standard briefly backed Hoover before fading as the delegation remained split.
MENTIONED IN THIS ARTICLE
Bramham
Harris
Duncan
Lowden
Tar Heels
John Q. Tilson
Connecticut
Brownlow Jackson
Jonathan
Charles A. Jonas
Lindsey Patterson
Winston-Salem
Prank In Delegation Parade Sparks Laughter
A person slipped into the delegate section and grabbed a banner, bringing it into the parade about 100 feet from its position before anyone noticed. The stunt elicited laughter within the delegation.
Funeral held for Mrs. Aulena M. Davis
Funeral services for Mrs. Aulena M. Davis who died en route to a Greensboro hospital were conducted at the home on South Main Street by Rev. W. B. Davis. A large crowd attended. Pallbearers and flower bearers were named. Burial followed at Oakwood cemetery.
MENTIONED IN THIS ARTICLE
Aulena M. Davis
Greensboro
South Main Street
W. B. Davis
Main Street
M. E. Church
Jesus
J. F. Feasterland
H. F. Hoffman
H. A Moffitt
H. O. Hayworth
W. E. SnSow
I. K. Grimes
N. FE. Russell
J. O. Connor
Paul Grady
W. Preddy
A. A. Ridge
R. A. Baird
E. F. Kearns
Negro Charged With Passing Bad Checks
A young Black man about 20, poorly dressed, was arrested by Plainclothesmen Wim berly and Shiplett for forging checks on local merchants and in Greensboro and nearby towns. Police urge merchants who took worthless checks from him to contact headquarters for identification. The suspect remains jailed.
MENTIONED IN THIS ARTICLE
Wimberly
Shiplett
Greensboro
Cottonseed oil prices steady in New Orleans market
New Orleans on June 15 reports steady cottonseed oil prices with contract levels for summer and crude orders. Prime summer yellow at 9.45 cents, prime crude 8.37, and futures for January through December shown with minor variations.
Money market quotes show loans steady amid mixed rates
New York on June 15 reports call money easier with all loans at 5 1 2 percent. Time loans remain firm with 60 to 90 day papers quoted 5 5 8 to 5 3 4 and 4 to 6 months at 5 3 8 to 5 3 4. Prime mercantile paper at 4 1 2 to 4 3 4. Bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
New York Cotton Futures Open Steady
New York June 15 cotton futures opened steady with July at 20.48 cents per pound, October 20.58, December 20.43, January 20.30, and March 20.26 as buyers and sellers priced the market.
MENTIONED IN THIS ARTICLE
New York
Financial bid dates and values listed for New Orleans
In New Orleans a series of dates and bid values are presented including June 15 July 20.36 October 20.03 December 20.05 January 20.00 and March 20.00 bids. The fragment outlines multiple bid figures but no further context or participants are provided.
MENTIONED IN THIS ARTICLE
New Orleans
aMrch
Spot Cotton in Charlotte Declines
Spot cotton in Charlotte on June 15 closed at 20 cents per pound.
MENTIONED IN THIS ARTICLE
Charlotte
N. C
Also Mentioned on This Page
Tribune
National Market Co
North Main Street
New York State
Unity Nut Oleo
Ugae
Cae
Worth Street
Long Side
Clevenburg
Kansas
Adams Millis
Amn Can
Ajax Rubber
Amn Tel and Tel Semcyaeus
Amn Teb B
Seeslote
Weevnee
All Coast L Ry Is
Balto Ohio
Choevesage
Beth Steel
Chrysler
Dodge Motors
Feessive
Blec Power
Leee
Fleisch Yeast
Famous Players Eee Ee
Freeport Tex
Genl Elec
Eeveevees Bet
Gold Dust
E Eee
Fee
Ligett Meyers “Ee Ee Eee
Ludlum Steel Ore
Ee Eee
Lorillard Tobene F
Mo Pac Ry Ae Eee Eeee
Mack Truck Ee Eevee Eve
Okaeeeaee
Remington Rand
Eee
Radio One
Mis Eeuaee
RJ Reynolds
Ser Eesnen
Cmbet PF
Pac Ry
Seaboard
Sears Roebuck
Studebaker Motors Ee
Stewart Warner
Texas Corpn One
Texas Gulf Refere
Victor Talk Mechee Eevee
Vick Chem . Eee Eleee
White Motors of
Ieteeee
Westa Elec
Pierce Arrow
Woolworth
Vo Simms Pete “Ese
Ches and
Ohio
Ieee Ee
Cons Gas Cous Ee Beskees
Goodrich Rubber
Gulf States Steel
Kelly Springfield
North Amn Co
Simmons Co
Sinclair Oil
Loews Eee
Chicago Grain
Wall Street Opening
Metals
Mrs. Davis
Elwood Hotel Bldg
High Point Folks
North Main
D. A. Dowdy
Jan
Doug Fairbanks
Doda
Nn's Pie Stores
Hull
Per Carton
Chesterfields
Piedmonts
Kings
Lydia E. Pinkhams
H. S. Wampoles
Kotex
Williams
Mann
Woodbury’s Soap
Lucky Tiger
Kolynos
High Point Coffee
Johnsons
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