Stock Market Dip Worst In 15 Months
NEW YORK AP The stock market posted its sharpest loss in 15 months amid adverse developments. GE faced potential government action over a price fixing case, steel price cuts dampened sentiment, copper declines pressured shares, and AT& T margin calls on rights accounts spurred selling. Berlin crisis and seamen’s strike clouded psychology as investors took gains on growth plays. The AP average fell 1.70 to 245.20 and the Dow slid 15.40 to 685.50. Outfielder Ken Hunt of the Angels hit 28 more runs for Richmond last season.
MENTIONED IN THIS ARTICLE
New York
Wall
American Telephone
At&t
Steck
Associated Press
Dow Jones
Market Averages Fall Sharply for Second Week
The Associated Press average of 60 stocks slipped to 245.2 on Friday from 250.9 a week earlier, marking the sharpest weekly decline since the period ending March 4, 1960. The commodity index eased to 162.5 from 163.0, with livestock suffering the largest losses.
MENTIONED IN THIS ARTICLE
Associated Press
Week in Business Business Barometers Rise
The week showed production and employment up, signaling a partial recovery from recession. Federal sources noted gains across autos, iron and steel, textiles, and more, with May boosting factory hours and overtime while consumer spending rose and housing insurance applications climbed.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Act
Jume
Labor Department
Automo Jbile
Commerce Department
Federal Housing Administration
National Association of Purchasing Agents
Bond Prices Steady Amid Mixed Week In U S Markets
U S government bond listings held mostly steady last week as investors weighedFederal Reserve data and deficit financing risk. Corporate bonds recovered from prior losses with mixed results while Treasury borrowing estimates and inflation fears influenced trading. Bond yields rose on deficit concerns as Douglas Dillon proposed a temporary debt limit increase and market activity cooled with a slow distribution of a large AT T refunding offer.
MENTIONED IN THIS ARTICLE
Treasury
Douglas Dillon
American Telephone & Telegraph
Commodity Prices For The Week West'n Work's Preview
Market notes list weekly quotations for WHEAT CORN SOYBEANS and related products with high and low ranges, closing figures, and delivery months. Prices shown include No. 2 Yellow wheat, No. 1 Yellow soybeans, corn, oats, and soybean oil with month spreads and transport costs.
MENTIONED IN THIS ARTICLE
Sesson
Lot Sa
IAN Gct
ILI
GEBC
Dee
Livestock Chicago Hog and Cattle Market Summary
Chicago markets show hogs steady to 25 lower with sow prices mostly steady. most weight classes near 190-280 lbs. Cattle trends mix with steers and primes steady to 50 cents lower depending on weight. heifers and cows generally steady, bulls down. Estimated receipts 7,000 hogs, 31,000 cattle, 1,300 sheep. hogs closed around 16.75, sows 13.50. steers 21-22 for choice, 20-21 good.
MENTIONED IN THIS ARTICLE
Chicago
Montgomery Ward leadership change silences explanation
Montgomery Ward & Co. announces resignations of president Paul M Hammaker and vice president Anthony D Eastman effective immediately. Chairman John A Barr to assume Hammaker's duties as the firm, the nation’s second largest retailer, endures record sales but shrinking profits amid a long management transition begun after Sewell Avery’s reduced involvement. Barr plans to appoint a successor for Eastman as the search continues.
MENTIONED IN THIS ARTICLE
Chicago
Montgomery Ward & Co
Paul M. Hammaker
Anthony D. Eastman
Hammaker
Bestman
Ward's
John A. Barr
Sewell Avery
Barr
Eastman
Avery
Maramaker
Ward
Marshall Field & Co
War
Montgomery Ward
Grain Futures Trend Lower on Week Across Chicago
Grain futures fell overall with soybean contracts dropping sharply. July soybeans hit the limit on two days, trimming only slightly on one rebound. Wheat held firm amid harvest, while exports stayed solid, but a maritime strike pressured all pits and could delay shipments if prolonged.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Weekly Stock Index Report from New York Market
The edition lists weekly price indices across sectors including Industrials Railroads Utilities and Bonds. It notes values for American Stocks Utilities and American Bonds with figures in the 50 to 1800 range and highlights market activity for the Midwest group.
MENTIONED IN THIS ARTICLE
LM. Simon & CO
New York
Dow Jones Averages and Bond Averages Summary
The page shows fluctuating Dow Jones averages with first, high, low, and last figures, including changes and totals for various listings. Bond averages and yields appear alongside, listing several issuers and indicative prices and changes, though the data is garbled and partially unreadable.
Over Counter Stocks Price Guide From National Dealers
The bid and ask quotations come from the National Association of Securities Dealers and others. They are not actual trades but narrow ranges to guide potential selling or buying prices at the time of compilation. The data list several securities with bid and ask figures, including Liberty Loan and American companies, noting fluctuations from the prior year.
MENTIONED IN THIS ARTICLE
Asan. of Securities Dealers, Inc
Soirec Zs
Asi
Calais Braces For British Teen Dancer Invasion
Calais France prepares for a weeklong event as 2,200 British teenagers join rock n roll dancers, a dozen orchestras and about 15 vocalists. Organizers have secured about $40,000 in insurance for the excursion.
MENTIONED IN THIS ARTICLE
Calais
France
Also Mentioned on This Page
Ken Hunt
Los Angeles Angels
Richmond
Ois
Senate Appropriations
Edwin L. Covey
la, Courts
Willys Motor Ca
Beny
Food and Drug Administration
Washington
East
New York Central Railroad Co
Justice Department
Antitmmst
New York Part
U. S. Securities
Treasury Bonds
API
Qias
Dulinra
U.S
Richard H. Hoenig
New York (Ap
U. S
Jast
Isinss
Federal Reserve
New York Stock Exchange
Vernon
Dow-Jones
Dow-Jones Mosing Averazen
Jones
Miust
Yails
Uails
Bootics
O Homie
Cine Ralls
Isting
Amer ‘Life
Ameuser Bisch
Trek Co
Sostens
Bae
Liberty Loan
Polaah
Amer
Affiliated Pond Aa
Chase Fundsh Chemical Pune
Eaton Balad fEaton
Ti Electronic
G.e.appliances
Weaton & Brown
205 East Main
Carbondale
Charles J, Lerner
Leon J. Rissi
Wallace F
Springer
West Main
Gorham
First National Bank
Federal Denasit Insurance Corporation
Member
Federal Reserve System
C. H. Koeneman
Gorham, Wlinoit
Phoma
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!