Most Stock Leaders Doze in Quiet New York Trading
Stock market activity was muted by European war news with few steels motors aircrafts and specialties showing fractional gains in the forenoon and many losses erased by midday. Traders waited for overseas bulletins on Hitler's actions against England while earnings reports offered little stimulant. Resistant stocks included Bethlehem General Motors Carnegie Douglas United Aircraft Pennsylvania and Loft. Backward were Standard Oil of New Jersey American Can American Telephone Kennecott Youngstown Sheet Philip Morris.
MENTIONED IN THIS ARTICLE
New York
England
Bethlehem
General Motors
Carys Jer
Douglas Aircraft
United Aircraft
Pennsylvania
Loft
Standard
N. J
American Can
American Telephone
Kennecott
Youngstown Sheet
Philip Morris
Bankruptcy Petition Filed Utica July 23
Multiple bankruptcies filed in Federal Court today. Anthony Salotto Sr of Syracuse reports debts totaling 3947 with no assets, creditors include Roy and Margaret Blanchette and Kitzmuller Music Co of Rochester. Stanley Mayerczak of Cortland shows 846 in debts, no assets, with Cortland County Hospital as a creditor. Michael Carraher Canton lists 4659 owed with assets 97, creditors include Eggleston, Horton Howard, and Dr. Madill. John Stickney Ithaca owes 2333 with no assets, petitions by himself. Francis Ryan Syracuse and Rose Harris also listed with debts around 548 and 157 respectively, along with Hartwell Wilkins of Verona. Gertrude Wells of Durhamville files liabilities 906, no assets. Railroad Employes Personal Loan Association of Syracuse and Madison County Trust & Deposit Co of Oneida noted in claims.
MENTIONED IN THIS ARTICLE
Utica
Anthony Salotto
North
McBride Street
Syracuse
Roy Blanchette
Ad Litem
Margaret Blanchette
Kitzmuller Music Company of
Rochester
Herbert E. Eggleston
Horton Howard
Canton
Grant C. Madill
Ogdensburg
John James Stickney
Second Street
Ithaca
Francis E. Ryan
Rose Harris
Hartwell Wilkins
Verona
Gertrude Twogood Wells
Durhamville
Personal Loan Association of
Madison County Trust & Deposit Company
Oneida
Foreign Exchange Rates in New York July 23
Currency trading outdoors shows the British pound steady at 3.81, Canadian dollar at 88.75 U. S. cents, and Swiss franc at 22.74 cents. Official and open market rates for many nations are listed, with spot cable quotes and premiums noted.
MENTIONED IN THIS ARTICLE
New York
Great
U. S
Great Britain
Foreign Exchange Committee
Germany
Finland
Greece
Hungvar
Italy
Portugal
Romania
Sweden
Switzerland
Yugoslavia
Argente
Free
Razil
Mexico
Japan
Hong Kong
Shanghai
Treasury balance report July 20 figures released
The Treasury position as of July 20 shows receipts of 11,189,084.00 and expenditures of 27,255,806.77, leaving a net balance of 1,685,542,301.59. Working balance includes 955,620,534.46 in cash. Customs receipts for the month reach 18,485,876.06 and for the fiscal year 230,870,313.46, with expenditures at 589,063,478.04, resulting in an excess of 358,198,104.58 and a gross debt of 43,060,873,574.25. gold assets total 20,349,193,475.70 and a daily increase of 1,124,198.47.
MENTIONED IN THIS ARTICLE
U.S Treasury
Washington
the Treasury
Quotations on the New York Stock Exchange High Low Noon
The report lists prevailing stock quotes on the New York Stock Exchange at noon including notable gains and declines, with investors watching industrials and financials. Prices for key indicators and leading issues are summarized as trading pauses for market direction.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Regional Market Prices Slip on Lettuce Strawberries and More
Region markets report price declines for Boston lettuce rhubarb squash and strawberries as supply grows and demand remains average. Red raspberries fall to 10 cents per pint amid steady to modest wholesale activity with New York and New Jersey sources supplying greens and fruits.
MENTIONED IN THIS ARTICLE
Boston
Commission Merchants’ Exchange
New York Heat Boosts Fruit Prices Across Markets
New York on July 23 reports heat wave pushing prices higher for lemons oranges grapefruit peaches and most melons with strong demand across state markets. Trade notes rising costs and brisk buying as summer produce remains in tight supply.
MENTIONED IN THIS ARTICLE
New York
State Department of Agriculture and Markets
Britain to form home guard as Allies reorganize forces
War Minister Anthony Eden told the House that reorganization and reequipment of French Belgian Czech Dutch Norwegian and Polish troops now in Britain is making good progress. Britain’s local defense volunteers will be called home guard as suggested by Prime Minister Churchill.
MENTIONED IN THIS ARTICLE
Britain
London
Anthony Eden
House of Commons
Home Guard
Churchill
New York Wholesale Market Prices July Update
Market receipts and prices across butter cheese eggs and potatoes show firmer butter with higher creamery quotes and steady cheese demand. Eggs mix ranges from 14% to 28% with white and brown varieties, while potatoes in Long Island and New Jersey No 1 Cobblers fetch 85c to $1.00 per 100 pounds as flour steadies at $5.55 to $5.80 for spring patents.
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F.o.b
New York
Ctf
Manitoba
York
Pacific iCoast
Yellow Land House
New Jersey
Long Island
Hudson Valley
Huson Valley
Wheat Glut Closes In On Warehouse Storage
Wheat stocks surge as millions of bushels pile up in Chicago elevators and warehouses. Government measures aim to prevent a price drop during harvest while trade experts estimate up to 300 million bushels stored, with another nearly 300 million held as old wheat for five months’ domestic use. The fate of collateral loans hinges on price movements and evolving international trade conditions.
MENTIONED IN THIS ARTICLE
Chicago
New Minimum Pay In Hotels Approved
Albany July 23 AP The State Labor Department approved new minimum wage rates for all women and minor hotel employees. Rates from the Hotel Minimum Wage Board guarantee waitresses 26 cents an hour, chambermaids and bathmaids 33 cents, and all other women and minor workers in all-year hotels 36 cents.
MENTIONED IN THIS ARTICLE
Albany
State Labor Department
Hotel
Manitoba Heat Wave Ends With Manitoba Storm
A dam aging electrical storm swept across Manitoba after two days of 99.8 degree heat in Winnipeg. The storm disrupted power lines communications and damaged buildings from Pas to the south, including a lightning strike that shattered the Winnipeg government greenhouse chimney.
MENTIONED IN THIS ARTICLE
Manitoba
Winnipeg
Pas
Weather Watch For Syracuse Tonight Through Thursday
Wirephoto notes Syracuse weather will be generally fall like with a likely thunder shower tomorrow afternoon. Tonight will be warmer and tomorrow remains warm. Thursday should bring showers and cooler conditions.
MENTIONED IN THIS ARTICLE
Syracuse
Weather Conditions Across Eastern Half of Country
Weather maps show Jaren over the eastern half with high pressure over the Coast States and a low over the Northern Plains extending to the Pacific. Central Florida to the Dakotas and parts of the Carolinas report light to moderate showers and thunderstorms. Phoenix records a high of 112 degrees with warm conditions persisting in the Plains.
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Jaren
New England
Texas
Missis
Sipp
Meridian
Coast States
Seattle
Wash
Northern Plain States
Pacific Ocean
South Dakota
Huron
Arizona
Phoenix
Florida
New Mexico
North
Missouri
Ohio
West Virginia
Virginia
North Carolina
South Carolina
Atlantic
Pacific
Long Island
Delaware
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Ariz
Market May Be Leased to Theater Firm
Ogdensburg officials consider leasing the McNaughton Market building to a theater concern. City officials claim full rights after state equity relinquished. legal action sought to confirm authority. The 1918 structure on Isabella Street was funded by the Farms and Markets department and Joseph McNaughton estate, with farmer privileges complicating the lease.
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Ogdensburg
McNaughton Market
Common Council
City Hall
Merritt
ML. Morse
State of New York
William B. O'Connell
Supreme Court
Ellsworth C. Lawerrence
Malone
Department of Farms and Markets
Lawrence
Morse
New York State
Isabella Street
Joseph McNaughton
T L Rogers Hurt by Fall
Theodore L. Rogers former New York State Assemblyman was seriously injured when he fell 15 feet from a ladder while painting a roof addition at his home in Little Falls He landed on his back and may have broken ribs with possible internal injuries He is under care at Little Falls Hospital Rogers is senior partner at Rogers & Asche Insurance Agency and has served in the State Assembly and Republican State Committee.
MENTIONED IN THIS ARTICLE
Little Falls
Theodore L. Rogers
New York State
Gansevoort Street
Rogers
Fred Sabin
Rogers & Asche Insurance Agency
State Assembly
Republican State Committee
School Bus Signs Ordered Removed
Newport July 23 Up State Traffic Commission orders removal of five school bus stop signs on Herkimer County roads. Principal John F Moehie of West Canada Central School led the signs campaign amid a broader push for highway safety and a state law against passing a stopped school bus in both directions.
MENTIONED IN THIS ARTICLE
Newport
State Traffic Commission
Herkimer County
John F. ‘Moehie
West Canada Central School
Hen’s cackle leads to camera find near Virgil
Professor Johnstone Wallace of Cornell and his wife lost a small camera between Virgil and Dryden. A hen belonging to Mrs. Hayden Olmsted cackled loudly drawing her to the roadside where the camera lay. Mrs. Olmsted received Wallace’s steward, though she insisted the hen was the true finder.
MENTIONED IN THIS ARTICLE
Virgil
Dryden
Johnstone Wallace
Cornell University
Wallace
Hayden Olmsted
Market Report Buffalo Hogs Cattle Calves and Sheep Prices
Livestock receipts at Buffalo list hogs with market steady at 200 lb averages around 7.25, lighter trucks 150-230 lbs 6.75 to 7.00, 240-300 lbs 6.25 to 6.75, and rough weighty sows 4.65 to 5.00. Cattle receipts 50 head with grass fat heifers 8.56 to 9.25, cows and bulls mostly steady, cutter 5.25 to 6.00, canner 4.25 to 5.00, split-weight sausage bulls 5.60 to 6.25. Calves receipts 50 head vealers steady at 10.50. common and medium 7.00 to 9.50. Sheep receipts 100 head lambs unchanged, medium and mixed grades 8.00 to 8.50, good and choice higher.
MENTIONED IN THIS ARTICLE
Buffalo Buffalo
U.S. Department of Agriculture
Motack Market Dullest in 22 Years Says Forbes
B C Forbes notes Wall Street gloom as business activity declines for 1929 era, yet auto industry shows revived demand. Chevrolet reports June sales up 35 percent year over year with strong used car demand. Chrysler, Buick, and Pontiac also post gains, signaling cautious optimism for 1941 and possible full recovery if Willkie wins.
MENTIONED IN THIS ARTICLE
Wendell L. Willkie
Take
Chevrolet
Chrysler Corporation
Plymouth
Ben Pardes
Ene Fine Eeeec
Hidden Spring Said To Weaken Oswego Wall
In Oswego on July 23 a spring of water found during excavation near the East Side reservoir is believed to have caused the wall break. Superintendent William A. McCaffrey said the spring, hidden at the base, may have fed water into the earthen outer base. A 60 foot section of the west wall was washed away as water rushed down the hillside into the barge canal. The wall is part of a WPA project costing 20,000 and will be blocked with a great mixture to prevent future damage.
MENTIONED IN THIS ARTICLE
Oswego
East Side
William A. McCaffrey
Earl Chetney
McCaffrey
67 Year Old Dies After Route 11 Crash Near Sandy Creek
George D. White, 67, of Ridge Road Sandy Creek, died at 6 am after sustaining a fractured skull and other injuries when the car he rode in was struck by a trailer truck on Route 11 two miles north of Sandy Creek Saturday afternoon. His daughter Mabel Dana suffered facial bruises and shock but was expected to be discharged soon. The crash, investigated by state troopers, involved a truck owned by Frank Grego of Holley and passenger Richard Carry of Brockport. Dana’s son-in-law James Dana was driving.
MENTIONED IN THIS ARTICLE
Watertown
George D. White
Ridge Road
Sandy Creek
House of the Good Samaritan
Mr. White
Mrs. Dana
James Dana
Dana
Jesse Franklyn
Frank Grego
Holley
E. T. Williams
J. A. Radley
Grego
Richard Carry
Brockport
Mother Sentenced For False War Talk
Glasgow reports Mrs Ma tilda Forsyth a 47 year old mother was sentenced to 21 days in jail after she admitted making war related statements claiming German landings in Southern England the destruction of docks and that President Roosevelt sent a ship to move Britain s poor children which she said was monopolized by figures including Alfred Duff Cooper minister of information.
MENTIONED IN THIS ARTICLE
Glasgow
Matilda Forsyth
England
Roosevelt
Britain
Alfred Duff Cooper
Bridges Rebuilt After June Floods In Cattaraugus County
Little Valley July 23. Work to reconstruct 20 bridges destroyed by unusual June flash floods has begun. The County Board of Supervisors approved a $61,250 allocation from a $101,250 budget for the project.
MENTIONED IN THIS ARTICLE
Little Valley
Cattaraugus County
County Board of Supervisors
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