Market Upbeat After Convention News Boosts Shares
In a brisk session investors favored long positions as convention news reduced fears of a split. Strong moves in pool stocks led by Baldwin Locomotive American Woolen and Crucible Steel, with American Chemical and National Aniline among others showing gains amid high call money rates and easing late-day liquidity.
MENTIONED IN THIS ARTICLE
Isaacs
Chicago
Wall Street
Financial
Shorts
Baldwin Locomotive
American Woolen
American Locomotive
Mexican Petroleum
Grucible Steel
Keystone Tire
Vanadium Steel
Barrett Company
Chemical Companies
General Chemical Company
National Aniline
Lackawanna Steel
London
New York
Transactions in Listed Stocks Yesterday
Stock table recaps yesterday’s activity with rails, bonds, and industrials. It lists open, high, low, and last prices, plus volume and changes across U S Government bonds and railroad, utility, and oil issues, noting demand in acceptance markets and commentary on Japanese credit balances and International Marine dividend expectations.
Paris Market Irregular Rates Report
Paris market notes irregularities with exchange rates and loan quotes. Mentions three percent rentes and francs in small denominations. Journal observes fluctuating tenders and prices, indicating unstable commerce.
MENTIONED IN THIS ARTICLE
Paris
Better Curb Tone Improves Prices In Curb Market
Prices moved upward in the curb market as news from the Chicago Republican convention spurred optimism. General Asphalt led an updraft with a gain of over 6 points, while Texas Pacific Coal and Oil fell about 2 points amid profit taking. Carib Syndicate and Invincible Oil rose, and International Petroleum showed a fractional advance. industrial stocks were generally unchanged.
MENTIONED IN THIS ARTICLE
Chicago
Texas Pacific Coal and Oil
General Asphalt
Strom
Philadelphia
Carib Syndicate
Invincible Oil
International Petroleum
Exchange Votes On July 3 Holiday Proposal
The New York Cotton Exchange president has set Monday June 14 to ballot on making July 3 a holiday on the Exchange. The New Orleans Cotton Exchange will be viewed on that day and on July 5 when Independence Day is observed.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
New Orleans Cotton Exchange
Wall Street Watches Convention News Quiet trading as Wood hopes rise
In a day of mixed market sentiment traders acted on Republican convention news with a quiet undertone of strength. Some investors bet on General Wood’s nomination while Jesse Livermore reportedly fired his Chicago brokers over the belief. A few timid traders closed out positions before the close to avoid radical shifts.
MENTIONED IN THIS ARTICLE
General Wood
Jesse Livermore
Chicago
Cleveland Steel Merger Rumor Keeps Circulating
Rumors of a Lackawanna Sloss-Sheffield merger persist despite denials. Lackawanna stock rose, Sloss-Sheffield gained modestly, and talks of a Bethlehem consolidation reportedly failed over price. Crucible Steel advanced on dividend policy expectations while Barrett and National Aniline tie into possible Chemical mergers.
MENTIONED IN THIS ARTICLE
Cleveland
Lackawanna
close-Shefield
Sloss- Sheffield
Sloss-Sheffield
Cleveland Steel
Bethlehem
Barrett Company
National Aniline and Chemical Company
General Chemical
Barrett
Barrett Concern
National Aniline
Wool Indictment Quashed and Great Northern Financing Update
The U S District Court sustained a demurrer to the indictment against President Wood over wool and Lever act questions noting wearing apparel as a trade term and Congress not broadening its meaning. Separately bankers say Great Northern must address $20 million in note maturities September 1, with no confirmed equipment financing in sight.
MENTIONED IN THIS ARTICLE
Wood
United States District Court
Mack
Congress
Great Northern
Great Northern Road
Stocks Ex Divid Date June 11 to June 13
Irregular OCR list shows ex dividend dates for multiple companies including Beet Sugar Cory, Am, Leather Co, Tob Co, Booth, Eudicott Johnson Corp, Tone, Welmer, Lenigh Vailey, and George We. Dates span June 11 to June 13 with partial company names garbled.
MENTIONED IN THIS ARTICLE
Cory Pf
Mite & Leather Co
Tob Co
Booth Imaherieg Co
Eudicott-Johnson Corp
Wheat Market Tone Is Firmer Amid Bearish Prospects
Wheat prices in Minneapolis rose five cents per bushel as millers showed buying interest. Reports from Argentina cited a suspension of export embargo pending a new port tax law. Romania offered 300,000 tons, while Spain advertised imports from Madrid. Demand at home remained tepid, with limited bids but constrained offers. Modern Miller notes Hessian fly damage depressed salt winter wheats. Hard winter crop advancing with good expected yields. Liberal receipts at key points and ICC ordered 1000 railcars to move wheat to Oklahoma and Texas panhandle. Canada gave favorable signals. Spain’s semi official yield estimate hit 144,000,090 bushels, up from 126,000,000 prior year.
MENTIONED IN THIS ARTICLE
Minneapolis
Argentina
Rumania
Spain
Madrid
Interstate Commerce Commission
Oklahoma
Texas Panhandle
Canada
Cotton Market Quiet with Late Rally and Bearish Rumors
The cotton market eased early on reports of a bearish Southern crop, then rallied as weather remained favorable and traders covered. Oct set rose from 35.25 to 30.19, with spot prices steady in quiet trading. broader receipts and exports showed mixed activity and futures drifted amid thin demand.
MENTIONED IN THIS ARTICLE
Inter
Sauthere
Nlseston
Auiva
SaVancas
Eles
Ani Agusla
Aic
Louis Ateadh
Anjen Hogs Sivas
Thes Pwlen EE
Montaomery Fim
Also Mentioned on This Page
Josephithal & Co
Broadway
New York Stock Exchange
Superior Oil
Atlantic Refining Co
Bank OF America
Franklin Trust Company
Wall and William Sts
Big
Alex Trobber
CY Gastina
Cru Borel
P&p
Stock Exchange
Tor
Bank Ings
Treasury
United States Fund
New — York
Montreal
Bank of England
Belgium
Sweden
Denmark
Norwey
Norway
Ponetan
Greves
Manila
India
Japan
Eables
Brazil
Rio
Cablex
Maris
Yay Chweho
Slovakia
Livbon
York
Stles
Foll Y Esterday
S . Esterday
Silosiano
Herreae
Geneu Recvcres
Honda
Honda Vantene
Ask
Rumely
Savage Arma
Rumely Pf
Saxon Motors
Als Wy Ag
Aleka Gold Mines
St Louis & San Fean
Alaska Juneau
St Louis
Allli-Chalmers
St Louis Southw
Seab Air Line Pf
Tatacis
Amer Fosch
Sinclair Oi
Amer Dk
Sh & Fdy
Sloss Shef St & Tr
Amer
Amer Car & Fdy
Snuvthern Rail
Amer Inter] Corp
Stromberg
Studebaker
Amer Surety
Superior Steel
Amer Ship & Com
Bet Va Gang Benn Cop & Chom
Amer Smelling
Texas Company
Amer Steel Fay
Texas & Pacific
Amer Sugar
Eatly
Transcon Oi
Amer Sumatra Tob
Transue W Steel
Amer Sum Tob
Twin City Rap Tr
Amer Tel & Cable
Twin City
Amer Tel & Tel
Underwood Type Co
Amer Tob Secur
Saat
Union Tag & Paper
Amer Woolen
Union Pacife
Amer Woolen Pf
United Alloy
United Prat
Assoc Dry Goods
United Rail Invest
Arch
Top & San F
Atlantic Coast Line
Goll & WT
Austin ‘Nichols
United Etail
Bul Loco Co
Bali
Ohio
Smelt & Ref
Tigg
Beth Steel
Utah
Beth Steal
Western Union Tel
LG Calif
Wilson Copen
Calif
Wheeling & LE
Canada Pacific
Cerra de Pasen
Certainteed Corp
Chandler Motors
Willys Overland
Wisconsin Central
Woolwardh
Worth Pump & M
Mil & St. F Pf
Agis Aay
Worth P & M
Chicago & Niwest
Emora
Chicago Pneum
Chi, Ri& P
Louis
Chile
Conner
China
Col Fuel & Tron
Col & South
Columbia Graph
Gol Gas & Blee
Consolidated Gas
Cerre Co
del, Lack & West
Deny & Rio Grande
Endicott-Johnson
Freeport Texas
Amerian
We General Cigar
Gen Electric Co
Fai
General Motors
General Motors Rts
Goodrich
Gulf, Mob & North
Gutt States Steel
Mos & Rar Car Co
Momestake
Taeey
Nupp Motors
Wala Tilmory Central
Inspiration Copper . 2600 6215 6234 52H 5244 Int Harvester
Mer Marine
BBC
Int
Nickel
Gol
Kelly Springfield
Kennecott
Hesstone Tire
Luchewanna Steel
Lee Rubber & Tire
Lehigh Valle
TORO
Canty
Lorillard
Raet Gil
Mmekuy
Manhattan
Mozican Veteul
Miami Con
Graeate
Middle States
Midvale
Montana
Marger
Moe
Arate
Warren Erie
W&m
Nunally Vic
Stonesietu Co
Inp
Norfolk & Western
Wontern
Anon
Tone Stramanlp
Dali
Ontario Silver
Sss Bu
Hal
Pacific Ovelory
Macific Gas & Elee
Ion
Simstoone One Parish & Fineham
Hhom Avy
Pennsylvania Rail
Say
Slo
Cnet Bynd Venn
Seab Steely
Aria
Tne
Aid Ae Peoples Gas & Coke
Don
Ain sCuoine
Vere Marquette
Saominion Vt
Villadelphia Co
LP Tru. Tiunin Pot
Viutliva Petrol
Ayuate
Amgae Pieren Arrow
BOI
Pittsburgh
Elenrack Hi Pond Creek
Ain Ecutlunt
Dune Et Vullman Wal
Elturbey
Punta Alegre
Boo Ems
TOU Finternal
Trop & Buel
Iternational Mercantile Marine Cor
Balea
Pilish O & G
Roy Dutch Res
PC & O
Tex-Ran
P&i
Woodburn & Mining
Alter
Globe
St Helen Dy
Ino
Canhuny
Sily i Corts Sivan
Sufy Sivan
Rima
Rureka Hui
Portyenina
Golden Gate
Ophirsity
Denlers Yester
Isanbueet Oy
Federal Reserve
Wig
Sre
Washington
Eich
Nippon
International Mercantile Marine
Linton
Wilson
Crucible Steel
Crucible
HS Wilkinson
Mr. Wilkinson
Theodore Roosevelt
Stork Exchante
Bienty Browgut
Aligutores
A. Housman & Co
N.Y
Sunes
Este
Berra
Astodale
Aiembere
Liverpool
Cottam
Broad Street
New Yort
New York City
Bad Liverty Building
Stockley
Cotton Bath
Cotten
Yeator
Nterius
Amenean
Furnes
Aunt Apt
Russelow House
Amd
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