Wall Street Stocks Rally On Inflation Hopes
New York June 19 AP stocks surged as inflation psychology boosted trading. Shares of Western Union, U.S. Steel, General Electric and others climbed while commodities and currencies showed varied gains. Analysts note modest revival potential amid mid summer weakness and mixed export import data for May. Sterling and French francs moved higher against the dollar.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Ncia
Washington Administration
Union Pacific
Stock Exchange
Case Fed T
Jon Pont
U. S. Smelting
Western Allied Chemical
Johnsonvillie
Natiznu
Pistillers
Sharer
American Telephone
York Central
Unitea Aircraft
Casepeake & Ohio Santa Fe
General Electric
U. S. Steel
General Motors
Consolidated Gas
Columbia Gas
Anaconda
North American
Delaware & Hudson
Chryler
Ligsett & Rivers
Maennecott
Ian Can
Western Union
National Association of Purchasing Agents
National Industrial Recovery Program
New York Stocks Close on Active Trading Day
The New York Stock Exchange posted today broad activity with many issues moving. Notable names included AmCan, CocaCola, Chrysler, General Electric, IBM, NYSE listed firms, and various bonds and utilities reflecting a mixed close.
Kansas City Livestock Market Report Summary
Kansas City stockyards report shows cattle and calves around 9 500 cattle and 1 000 calves. Beef steers and yearlings performed weak to lower with bulk fed steers 4 75 to 5 75. Hogs 11 000 head, top 4 40 on 190 to 290 pounds. Sheep 10 000 with natives at 7 00 and Arizonas at 6 75, lambs down 25 to 30 cents.
MENTIONED IN THIS ARTICLE
Kansas City Livestock
Kansas City
U. S. Dept. Agr
New York Cotton Brambles After Acreage Plan Reveal
Sharp early advances in cotton gave way to partial declines as traders balked at Washington’s announced acreage retirement plan. Prices slid from 9.50 to 9.27 before rallying to 9.42 on firm stocks and wheat. Futures ended steady with July 9.28, October 9.50, December 9.65, January 9.71, March 9.87, May 10.02 amid a quiet spot market at 9.35 mid?ling.
MENTIONED IN THIS ARTICLE
New York
Washington
Agricultural Administration
Ocober
New Orleans Cotton Margin Steady After 26 Point Rise
New Orleans spot cotton finished steady with a 26 point advance. Sales totaled 771 bales as middling grade quoted at 9.18 cents per pound.
MENTIONED IN THIS ARTICLE
New Orleans
Grain futures report from Chicago market summary
Chicago grain closes show WHEAT July 76 and December 81 1 2, CORN July 47, SEP 51, DEC 54 3 8, OATS July 32, SEP 33 3 4, DEC 25 1 4, RYE July 64 3 8, SEP 67, DEC 70, BARLEY July 38 5 8, SEP 1, DEC 45 1 2, LARD July 6.32, SEP 6.52, BEANS July 6.90, SEP 7.20.
MENTIONED IN THIS ARTICLE
Chicago
Aga
Boston Wool Market Reports Strong Ohio Wool Sales
Ohio fine delaine wool sales in Boston reach 30 with limited offerings at 39. Scoured values estimated 72 to 75. Domestic wool receipts at Boston for the week ended June 17 total 24,449,200 pounds, up from 5,592,400 pounds the prior week per the Boston grain and flour exchange.
MENTIONED IN THIS ARTICLE
Boston
Boston Grain and Flour Exchange
New York Curbe Market Summary Notes June 19
New York price quotes reveal mixed results across energy and metals with Amer G&F at 47 3 4, Ark Nat Gas 3 1 2, Assoc G&E 2, Humble Oil 82 2 4, Newmont 41, PennPond 21, and Siberlinge 5 7 8. Several firms show fractional changes, including Ford 2 264 and Hecla at 11 58.
MENTIONED IN THIS ARTICLE
New York
CURBE
Amer G&f
Ark Nat Gas A
Assoc G&e
Ity Sve
Ity Svc Ptad
Cesign
Permit Air
Ford
Guilt
Humble Oil
Newmont
PennPond
Iberlinge
Oat & & Co
Pesan
Stock Averages Report From June 19 1933
Stock averages show 50 industrials 20 railroads and 20 transportation groups. Elements include indices like 345.3 109.2 84.8 and prior day figures 81.8 42.0 101.5 79.1 with new 1933 highs.
MENTIONED IN THIS ARTICLE
Standard Statistics Co
Galveston Cotton Market Holds Steady Prices
Galveston on June 19 reports cotton steady with middling at 9.10 cents, down 30 points from prior. Trading totals show 325 bales sold as buyers and sellers approach the market with cautious activity.
MENTIONED IN THIS ARTICLE
Galveston
Nude parade protests school order in Kamsack village
Doukhobor residents of Terpenia Village led a nude parade over the weekend to protest an order to send their children to school. Police arrested more than fifty participants as the protest drew regional attention.
MENTIONED IN THIS ARTICLE
Kamsack, Sask
Doukhobor
Terpenia
President Roosevelt Heads Out To Sea On Yachting Trip
President Roosevelt and a five man crew depart Edgartown Martha's Vineyard in a Weather challenged voyage. The plan aims for Provincetown on the Cape Cod tip about 89 miles away as reporters ride along with destroyers and power craft under threatening squalls. Nan tucket had been the goal.
MENTIONED IN THIS ARTICLE
Roosevelt
Congress
Edgartown
Marthas Vineyard Island
Provincetown
Cape Cod
Cape
Nantucket
Kidnapped Hamm Freed After Ransom Exchange
William Dunn, Duluth business associate, helped arrange Hamm’s release after a ransom payment made following notes and calls. Hamm, president of Theodore Hamm Brewing, was seized last Thursday. a taxicab driver later identified Verne Sankey as the man who delivered the ransom instruction.
MENTIONED IN THIS ARTICLE
William Dunn
Hamm
Duluth
Dunn
Theodore Hamm Brewing Company
Pine City
Rush City
Brewing Company
Ofice
Verne Sankey
Haskell Rohn
St. Paul
Charles Boettcher
Denver
Fhiamm
Legal challenge to eight hour wage law in state
The court found no ground to declare the act valid as it narrowly names mercantile establishments and excludes factories and dairies. An appeal to the state supreme court is expected to determine the laws passed by the last legislature. Two other tests remain unsettled with hearings set in Alamogordo and Clovis this week.
MENTIONED IN THIS ARTICLE
Supreme Court
John Simms
Numa C. Frenger
Alamogordo
Clovis
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