Wheat futures drop to new low marks on Chicago Board
United Press reports wheat futures fall to fresh lows amid bearish sentiment and lack of support. Corn and oats also ease while provisions stay strong. Liverpool prices slip as trading remains quiet. cash markets show mixed receipts and modest gains or losses.
MENTIONED IN THIS ARTICLE
United Press
Chicago
Board of Trade
Canada
Liverpool
Market Prices Report From Chicago Special
Times Special reports Chicago market prices for grains with figures: carrots 7, wheat 7, corn 22, oats 22, rye 1, barley 2.
City in Brief Saturday events and civic notices update
Beta Theta Pi luncheon and multiple chamber luncheons are listed along with a Master Painters and Round Table event. A federation banquet planning committee is named. DAVW delegates attend a New Orleans convention, and Indianapolis Life Insurance employees celebrate reaching a life insurance milestone.
MENTIONED IN THIS ARTICLE
Beta Theta Pi
Board of
Fieme Alpha Epsilon
Chamber of Commerce
Phi Delta Theta
Master Painters’ Association
Indianapolis
Round Table
Columbia Opera Oficers’ Association
Twiee
Conventral Christian Church
Indianapolis Federation of Community Civic Clubs
E. O. Snethen
A. Portreus
Oscar F. Smith
Mary BE. Hoss Dennis
Pearl Randal
B. B. McDonald
Dr. C. W. Worthington Chapter
of the Order
New Orleans
Ny G. Kline
Anthony P. Lang
Charless. Kemp
First Dog of City Proclaims by Mike
A Scotch collie belonging to Mayor Reginald H. Sullivan speaks in a humorous notice about dog tags due by June 30. The dog proclaims his own tag and license photo, admits losing the tag, and jokes about the mayor’s Irish dog name. The piece frames the dog and mayor as “good buddies” urging compliance.
MENTIONED IN THIS ARTICLE
Reginald H. Sullivan
Mike
Swine Market Off 25 Cents at City Yards
Hogs eased at the stockyards with bids about 10 to 15 cents lower than Thursday. Most 169 to 200 pound hogs sold around $9.75 with top $9.80. Receipts were about 6,500 with 1,009 holdovers. cattle slaughter dull as prices slid. calves, weaners steady. sheep steady to higher around $11.50 to $12.00. Chicago hogs totaled 20,000 with 7,000 direct. holdovers 9,000. Cattle 1,000. sheep 6,000.
MENTIONED IN THIS ARTICLE
Chicago
Osaa Des Mes
Etree
United Press
East ST. Louis
Ill
Louisville
Pittsburg
BSSD
Cincinnati
Buffalo N. Y
World of earnings and dividends in Dow Jones snapshot
Major firms announce dividends and production shifts including Michigan Steel extra 1 percent stock payable Oct 20 with record Sept 27, City Investing 2.50 payable July 1, Calumet and Arizona suspend operations to curb copper costs, and Thatcher 40 cents plus 90 cents convertible preferred. Coal and cotton scores show steady shipping and tax refunds. Libby McNeill Libby and affiliates awarded 3.7 million.
MENTIONED IN THIS ARTICLE
Michigan Steel Corporation
Thatcher Manufacturing Company
Municipal Telephone and Utilities Company
Bancamerton Blair elects L A Woolams as director
Bancamerton Blair Corporation named L A Woolams, ex vice president of California Packing Corporation, to the board. Daily federal reserve credit averaged 1 006 billion in the week ending June 18, up 12 million from prior week.
MENTIONED IN THIS ARTICLE
Bancamerton-Blair Corporation
L. A. Woolams
California Packing Corporation
Federal Reserve Bank
Chicago Livestock Market Report June 20 Hogs Cattle and Sheep
Chicago market shows hog receipts around 20 000 with direct sales 7 000 and mixed results top hogs at 9.85 with varied weights. Cattle receipts about 1 000 mixed trade and top around 11.25 for slaughter steers. sheep receipts near 6 000 with fat lambs around 12.25.
Stock Market Snapshot From New York Exchange
New York closing prices and net changes for principal stocks traded on the New York Stock Exchange today are summarized, listing daily movements and overall market tone.
MENTIONED IN THIS ARTICLE
United Press
New York
New York Stock Exchange
Bank Clearings National and City Totals Report
Indianapolis Friday June 20 clearings amount to 3 352 000 with debits 7 084 000. Chicago June 20 bank clearings total 103 000 000 with balances 12 900 000. New York June 20 bank clearings reach 1 636 000 000 and Federal Reserve credit balance 204 000 000.
MENTIONED IN THIS ARTICLE
Indianapolis
Chicago
United Press
New York
Federal Reserve Bank
Treasury Statement Shows June 18 Totals
Treasury net balance on June 18 was 303 million 866 thousand 869 dollars. Customs receipts for the month to that date totaled 46 million 440 thousand 443 dollars. Government receipts on June 18 were 29 million 866 thousand 662 dollars.
MENTIONED IN THIS ARTICLE
Altos Preas Ashington
Treasury
Grain Price Quotes and Purchases Report June 20
Indianapolis Board of Trade cash grain bids show wheat No 2 red 92 to 94 cents, No 2 hard 89 to 91 cents, corn firm with mixed car counts including No 1 white and No 2 yellow, oats and barley prices noted, country point rates to Cincinnati or Louisville, and Chicago cash signs listing No 2 red at 97 to 98 cents. Grain close quotes from United Press and Times Special report No 2 yellow corn at 80 to 81.5 cents, No 2 white oats 42 to 44 cents, barley No 2 about 75 cents, with June 20 receipts and pricing across markets.
MENTIONED IN THIS ARTICLE
Crue Steel
Youngst S Tobaccos
Chi West
Sumatra
del L & W
Tob Pr
Mo Pacific
United Cig
N Mo Pacific
Abitibi Utilities
Adams Exp Am
Pwr
Nor, Pacific
Am_ Pwr & Li
Bat
Col Gas & A
Lil‘ 1Ll
el Pwr & Li
So Pacific
Saba
Cal Edison
Maryland
G & el
West Pacific
United Corn Mu
Equipmente
Ut Pwr& LA
Am Car & Fay
West Union
Am Am Steel
Fda
Am Intl Corp
Gm_ Lloyd
United Fruit
Westingh
Westingn E.ec
Firestone
Kell
Spefid
Oe Grand Union
Ste Herse
U_S Rubber
Motors
Roger
Auburn
Nat Biscu
Chrysler
Pillsbury
Graham Paige Oy
Bt Safeway
Indus Chems
Bendix Sane
Allied Chem
Borearner
M Solo
Union Carb
Eaton
Ind Alco
Hayes Body
Assoc Dry
Motor Wheel
Gimbel Bros 2
Sparee Etese
Kresge
Wart Warner
Lks Mayne Beta
Penn Sit
Schulter Ret
Sears
Woolworth
INC
Bruns Balke
At & Ariz Hecla
Eastman Rod Crossey
Rt Texas
Grigsby Gru
Grask Nor
1Oews Inc
New York
Eenses
James T. Hamill & Co
Te Museen Asiana S
Indianapolis Board of Trade
Liow
Ilcar
United Press
Chicago
Bu United Press
Stocks Drift After Opening Rally On Decline Day
New York June 20 prices fell after a firm start aided by a lower rediscount rate and big brokerage loan drop. Major averages fluctuated with United States Steel and General Electric among leaders. cotton and wheat hit new lows as market weakness persisted.
MENTIONED IN THIS ARTICLE
United P
New York
United States Steel
Westinghouse
American Can
General Electric
Worthington Pump
Vanadium
J. I. Gase
American
Consolidated Gas
United Corporation
International Telephone
Market reacts to rate cut but wheat prices sink again
The stock market showed a buoyant start but quickly weakened as wheat prices fell to new lows. Dealers liquidated, bonds and credit prospects regained interest, and promoters hoped for later boosts to residential building and mortgage markets from continued easy money.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
New York
Markets Report: Eggs Butter and Poultry Prices
The June 20 market update shows eggs unsettled with several grades quoted from 18% to 23c per dozen and butter unsettled around 32 to 34c. Poultry prices ease with springers 30c and ghorns 15c, ducks 14c, geese 12c, and turkeys 18c. Cheese and butterfat values mixed. potatoes on track at steady levels.
MENTIONED IN THIS ARTICLE
Indianapolis
Ioc
Kingan
Wisconsin
New York
North Carolina
McKesson Robbins Reports 1930 First Four Months Sales Totals
McKesson & Robbins reports gross sales for January through April 1930 at 47,657 dollars, up from 46,904 in the same period of 1929. Eight minor subsidiaries are excluded due to unavailable 1929 figures. Eastern Minnesota Power posts 299,969 for year to April 30, 1930, vs 272,809 prior year, with operating expenses 154,032 and gross income 145,617. Fidelity Investment Association logs a May sales record of 3,946,000, up from 3,074,000 a year ago, with five month total 18,872,000 versus 13,700,000.
MENTIONED IN THIS ARTICLE
Illinois Central System
Road
NF Eotast
McKesson & Robbins, Inc
Eigt
Eastern Minnesota Power Corporation
Peoples Light and Power Corporation
Fidelity Investment Association
Cotton Markets in New York Cables Rally Then Selloff
In New York on June 20 cables showed better demand for actual cotton with Europe reputedly buying. The market rose 13 points early but heavy profit taking pushed December lower and July futures declined. Weather stayed favorable and spinners’ takings fell about 160,550 bales from last year as local traders turned bearish before noon.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
New York
Europe
Senate Debates Labor Injunction Bill Ahead of Elections
Senate judiciary reports split on a bill to curb federal injunctions in labor disputes. The measure would ban most injunctions unless violence or fraud exists and promote collective bargaining while outlawing yellow dog contracts. A minority push argues public sentiment supports limiting injunctions.
MENTIONED IN THIS ARTICLE
Washington
Senate
Judiciary Committee
Hoover
Charles Evans Hughes
John J. Parker
Supreme Court
Norris
Steiner
Rep
Ore
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