Wall Street Recovers From Deep Trading Session
In New York June 25, a sharp market rebound followed a month of liquidation. The advance covered most stock groups with notable gains in Mexican Petroleum Pan American Baldwin Locomotive and tobacco shares. News of potential government rail help spurred short-covering and a hopeful tone despite earlier demoralization.
MENTIONED IN THIS ARTICLE
Stuart P
West
New York
Liquidation Ag
Wall Street
Lkely
Washington
Mexican Petroleum
Pan American
Baldwin
Locomotive
Tobaccos
CurB Session Dull On New York Turd Market June 25
Market activity was nearly at a standstill with a steady tone and minor price moves. Cities Service, Simms Petroleum, Standard Oil issues and U S Distributing showed little change while interborough rapid transit bonds led gains amid a sparse session on broad street curbs.
MENTIONED IN THIS ARTICLE
New York
Simms Petroleum
Inter
Standard Oil
U. S
Interborough
CATTLE VALUES SLIDE AS WEEK ENDS HOGS STEADY
Chicago reports light demand with overall cattle values down for the week and hog prices holding steady. Through the week large arrivals included 54 000 cattle 14 000 calves 171 000 hogs and 70 000 sheep and lambs while top cattle and lambs posted declines and hogs showed mixed but steadier tonnage.
MENTIONED IN THIS ARTICLE
Chicago
Union Stock Yards
San Antonio
Tex
Uio
New York Bond Sales Report Mixed Reserve Shifts
New York on June 25 reports a week end clearance showing a reserve in excess of losses at 26,368,590 dollars, down from last week. Details include declines in loans and deposits across federal and state banks and trust companies, with aggregate reserves at 515,190,000 and various regional bank movements.
MENTIONED IN THIS ARTICLE
New York
Teme Banka
Federal Reserve Hante
Federal Reserve Bank of Nyem
Bannet Anil
U. S
Dacrease
Chicago Stock Market and Commodities Brief
Market notes from Chicago and Kanwon City report bid and price activity for grains and potatoes. Wheat and corn quotes appear mixed with dec. rye and oats futures. cash prices shown for No 2 red and No 1 yellow corn. Potatoes market shows weak demand and light receipts amid scattered regional references.
MENTIONED IN THIS ARTICLE
Kanwon City
Chicago
Carolina
North
Burley
Bonds Gain Slightly Amid Stock Market Rally
New York June 24 bonds rallied moderately as stocks recovered led by railway convertibles and semispeculative issues. Chesapeake and Ohio convertibles rose to 72 1 4, St Paul 3 1 2s traded at 63, Lea yesterday, and Baltimore and Ohio convertibles gained near a point. Hudson and Manhattan incomes jumped five points, while Sea Board Air Line and St Louis and San Francisco issues advanced. Industrials steadied with Chile Copper and Gua Cane Sugar convertibles up fractions, Mexican government bonds active.
MENTIONED IN THIS ARTICLE
Ark
Nat
Boone OH
Boston
Denny Oil
Wis
Lanes Creek
Livingston
Marncatho
Merritt Oller
Midwest
Noble O. & G
Pennock Ak
Lew
Clon Simms ‘Pet
Alilg-Chalmers
Gy Aly Son Uil
United Texan
Angio Am
American Burar
T. T
Bory
Yegalawio
Alenia Br
Cal
Wy Ledge & Mont
Baltimore
BLM
Go Chandter Motors
Ohlo
Magai
Oui
Chino Copperae
Colorado
McNamnaa
Erie
Thane
West End
Inspiration Copper Marine
Loulavilly & Naphville
Choge
Maxwell Sotors
Miami
St. OU
York
Okishoma
Pennsylvania
Bearn Hee
Troyal
Jalen
Studebaker Corp
Roy Jy
Tennessee Copper
Texas Company
Gohyece
Law
Union Pacific
Ford Products
U. B
Utah
Wentinghouse
Willys
Atlantic Club
Sheet
United
Virginia-Caro
American Tobacco
Ms American Inc
American Steel
California Petroeum
Chile Copper
Columbu, Graph
Seer
Dlupp
Fators Eae
As i International Tvarv
TBY International Nickel Nee
Enee
IC. C. Southern
Dseeree
Kelly Boringield
Tuckawanna Steel
Viswae Ares A
Marquetta
Phillipa Petrol
Tieren Arrow Bee
Pierce
Steee
Pollman
Gare Rochael
Vanadhin Oe
BNA
Wahnaheenasaeeere
New York
Cheasapeake
Ohio
St Paul
Lea
Seaboard Air Line
St. Louis
San Francisco
Hudson
Manhattan
Chile
Sinclair
Washington
New Haven
Wabash
Rock Island
County pays bonds and widens road in county action
Bexar county authorized a voucher for 862000 to Seaboard National Bank for interest and cancellation of fifty goat roads bonds. A 30250 semi annual interest was approved. Balance funds cancel fifty 1000 bonds due July 4. Laguna Redondo road widened to Cassiano row with forty foot treadway. Land for widening purchased at 79 per acre. Richard Buckley hired in tax department. Tailors to operate mowers on county roads to curb weeds.
MENTIONED IN THIS ARTICLE
Bexar County
Seaboard National Bank of
New York City
Laguna Redondo
Dacob
Candi
Richard Buckley
Court Proceedings And Charters From Austin Tex
Court docket records show ex parte motions and hearings in Austin with mentions of named parties including Barnes Towle Mak Walker and others. Charter amendments filed for Lufkin Hotel Company Jewish Weekly Publishing Company American Hat and Cap Company Maydelle Mariners Co operative Society and several others. Masonic Installation and officers listed. Flood warnings as Denison sees rising waters after a heavy rainfall of about six inches in 60 hours.
MENTIONED IN THIS ARTICLE
Anpenta
Austin
Tex
Teas Tucker
T.con
Stonewall
Tie
Casa
Bryan Manday
Merlside
Em Tynee
Val Verde
Hala Hrevals
Lufkin Hotel Company
Talkins Capital Stocte
GA. Kelley
J. AL Kurth
Ly A. Yaylor
Jewish Weekly
Bert Worth
Capital Stock
D. A. H. Abramowits
George Fox
Louis Morris
American Hat and Cap Company
Touston
Lavis
Oderbalz
Kamis Lipshita
Maydelle Mariners’ Co-operative Socety
Maydelle
Cherokee County
Capital
W. A. Dabith
PB. Acker
George Marris
Kattar Oi Corporation
Trumble
Sabine Off Corporation
Price of Business
Orange
American State Bank
Harrisburg
Dallas Sanitarium Methodist, Episcopal Church, South
Dallas
Dallas Sanitarium
Corsicana Petroleum Company
Wastows Capital
Tucorper
de LL. Barbar
W. HH. Gill
Hugh Potter
Chopera Securities
Freustony Capital
Denison
Cotton and Wheat Markets See Mixed Early Trading
New York and New Orleans reports show cotton futures rising on Tuesday with firm start plus improved British news and private data. Analysts note acreage declines and government reports due next week while July contracts gain. later trading narrows gains amid shifting demand and firming sentiment.
MENTIONED IN THIS ARTICLE
New York
Isbor
Liverpoo
Southern Products Company
Burleson
Germany
Texas
England
Manchester
Lancashire
Texas Supreme Court Adjourns for Vacation Amid Commission Sessions
Austin reports the Texas Supreme Court in recess for summer while the Commission of Appeals stays in session for about one month, with possible further changes anticipated by the governor. New appointees to the commission may alter personnel. discussions include TL Tannilton of Port Lavaca and potential Section A or T placement as vacancies arise.
MENTIONED IN THIS ARTICLE
Hic
Texas
Spain opens talks for new trade pacts with Spanish speaking nations
Madrid reports the government spokesman said Spain will negotiate further commercial treaties with Spanish-speaking countries. The pledge aims to gain markets for Spanish wines, currently barred in France Britain and the United States, by offering still broader preferences than those granted Sweden.
MENTIONED IN THIS ARTICLE
Madrid
Spain
Enokesman
Sweden
Economies Proposed in Railways Coal Buying Plan
Washington June 25 Edwin Tandlow president of the American Institute of Mining and Metallurgical Engineering told a Senate committee that a National Association plan would unite railroad coal purchases. Centralized buying, uniform coal quality, and seasonal storage could save about 40 million dollars annually by shifting coal supply to surplus months and freeing winter mine output.
MENTIONED IN THIS ARTICLE
Washington, D. C
Anilrome
Edwin Tandlow
American Institute of Mining and Metallurgical Engineering
Senate
National Association of Owners of Railroad Securities
Suriice
Ladlow
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Armani
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Chenna Vu
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le Count
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Walt Ri Uby
Tebe Stare
Henry T. Phelps
Hicke Bldg. Phone Co
San Antonia
Wimer-Richardson & Company
Investmeat Paimette Central Tract
Vo Rewas Ve Pexas
South Flores Street
H. N. Word
F. L. Hillyer
Crockett
Hornberger, Schmitt & Company
West Coast Life Insurance Company of
Southern Steel Company
Ban Antonio, Tex
Phone Mission
Bick Southress