Markets Close Largely Lower After Mixed Session
New York June 14 Markets were reactionary with heavy realizing and a late rally but the close showed overall weakness. Trading totaled 5 570 695 shares as wheat and corn softened while bonds stayed choppy. Industrials dipped with tobacco lagging and several major names edged down or held steady.
MENTIONED IN THIS ARTICLE
Joan L. Cooley
New York
Consolidated
American Telephone
Orth American
United States Steel
Union Carbide
Bethlehem
General Motors
Harvester
Allied Chemical
American Tobacco
B.” Woolworth
American Can
Youngstown Sheet
Continental Can
Westinghouse
United Aircraft
Corn Products
Owens-Illinois
Johns- Manville
National Distillers
Chrysier
Case
General Electric
Washington
London
Foreign Exchange Rates Reported in New York
June 14 report from Foreign Exchange New York outlines currencies per dollar with Great Britain at 4.98 and 4.08 for cables, France at 4.75, Italy at 6.29, Belgium 1688, Germany 28.45, and Montreal 11.50 for settlement in New York or Montreal, reflecting cross border rates and bills.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Montreal
New York Bond Prices Reported in Market Listings
June 14 bond list shows Liberty issues at 102.16 to 103.38 with Treasuries ranging from 98.25 to 106.21. Domestic names include Allegheny, AT&T, Goodyear, and US Rubber among others with values across a wide spread. Foreign entries feature Argentina, Belgium, Canada, France, and Germany bonds with mixed quotes.
MENTIONED IN THIS ARTICLE
New York
Liberties
Er Serre Rr Se
EAD
Eevee Ckobld
Treas
Csssevee
Allegheny Corp
AT & T
At&t
AE & T
Cvt
Accveses
Chile
Goodyear
Silesian Am Col
Sinclair
Texas Corp
Utah
Vic Cevesse Vo
Ist
West Union
Yngsta S
Buenos Aires
Canada
Germany
Assoc G & E
Carib Syn
Cresson
Detroit
Nb&s
Ford Mtr Ltd
Globe Undris
Gt At & Pac
Gulf
iHeela
Hudson Bay
Mumble Oil
Mount
Newmont Mine
Teeter Eee
Niles Bem Desccvseereees
Nova del Ag
Seereeeererenonee
Gotenner Ereeeereee
Pug Bndpid
Eeeeeerene Shark Pro
Ddapewaee Ad
Shattuck Denn
Prices of Wool at Boston Firm
Wool prices in Boston remained strong and stable with eastern wools active at steady levels. The USDA reports demand rising for finer western wools, especially shorter fine wools. French combing wools 64s and finer sold around 66-67 cents per pound scoured, with shorter French combing 63-65 cents.
MENTIONED IN THIS ARTICLE
Boston
U. S. Department of Agriculture
Texas Wool Prices Hit Strong Range on Scoured Basis
Market notes show 67 to 69 cents for certain grades, with eight and 10 month Texas wools selling strong at 63 to 65 cents scoured basis. Minor variation read from the sourcing column indicates steady demand and stable pricing in the regional wool market.
MENTIONED IN THIS ARTICLE
Texas
Chicago Produce Prices and Grades Prompt June Market
Chicago market report lists poultry live and processed by type with price ranges. It details hens and roosters, Leghorns, turkeys, ducks, geese and broilers, with grading terms from firsts to seconds and scores, plus eggs with multiple classes and storage prices.
MENTIONED IN THIS ARTICLE
Chicago
Butte Hog Market Prices Reported
The local hog market quotes yesterday list each weight class with prices: Choice 44 cents, medium heavy 44 %c, heavy 34 4%c, extra heavy 11%c, light 46 4%c, extra light 12%c. The figures reflect buying bids from area buyers.
Closing Grain Letter Gives Cautious Wheat Outlook
Chicago data from June 14 notes mostly clear weather with cooler early temperatures and a warm-up forecast. Government and Kansas weekly reports stay bullish on Southwest conditions. Argentine estimates show 1.5 million against 3.1 million last week and 2.0 million last year. Market trend remains downward as traders await further world developments and adjust commitments to reasonable bounds. Some Southwest producers may find current prices tempting to market new wheat.
MENTIONED IN THIS ARTICLE
Chicago
Iowa
Nebraska
Kansas
Potatoes Prices Report In Chicago Market
Chicago market news shows potatoes at 52, on track, with 184 total U S shipments and 685 new stock. Supplies remain moderate and trading is steady as prices move slightly higher. Alabama and Louisiana noted among origin points.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Alabama
Louisiana
Sporadic Commodity Prices Report Note Prices by Region
Market brief cites varied grain and fruit prices with regional quotes. Texas Triumphs at $2.15 to $2.35, Idaho Rus sets and North Carolina Cobblers uneven, Wisconsin round whites and Michigan Rus rural types around 95 cents to $1.05, with several listings of old stock and miscellaneous lots.
MENTIONED IN THIS ARTICLE
Texas
North Carolina
Idahos
Wisconsin
Michigan
Idaho
Call Money Rates Steady Across Market
New York call money stays steady at 1% for the day with time loans at 1% for 60 to 90 days and other terms ranging up to 5-6 months. Prime commercial paper and bankers' acceptances show no change.
MENTIONED IN THIS ARTICLE
New York
Sugar Prices Hold Steady In New York Market
Sugar prices in New York on June 14 remained unchanged at 4.60 cents per pound for refined sugar as market activity paused.
MENTIONED IN THIS ARTICLE
New York
Treasury Receipts and Expenditures Reported for June
Treasury receipts for June 12 were 13 811 691.59 dollars, expenditures 17 208 440.56 dollars, leaving a balance of 276 250 638.01 dollars. Customs duties for the first 12 days of June totaled 8 649 093.79 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Miners Surrender After Salt Mine Protest Nine Days
After nine days in a Catalan Hinterland salt mine a protest against one man’s discharge ends as 97 miners surrender. The action follows voluntary confinement to pressure for worker reinstatement and safety concerns.
Prices Down In Cattle Hogs And Sheep Markets Across Midwest
June 14 reports from Chicago and Omaha show cattle declines with tops around 6.50 for fed steers and 5.50 for long yearlings. Hogs trade mostly lower with top around 4.60 to 4.70 for good to choice 190 290 pounds. Sheep prices slide while bids for native lambs dip, with several lines of stock trading lower amid mixed demand.
MENTIONED IN THIS ARTICLE
Chicago
UBDA
Market Report from South St. Paul Auction Yard
Cattle runs 2,000 with steers and yearlings easing 25c. beef cows and heifers quoted from 2.75 to 4.75. calves 2,200 and strong for good to strictly choice at 4.94 to 5.00. Hogs 6,000 down 10c with best 160-300 lb at 4.25 to 4.35. top 4.40 for 200-240 lb. sows weaker. pigs 3.75 to 4. Swap of sheep 1,000 with lambs and yearlings bid up to 7.00 as packer bids hold.
MENTIONED IN THIS ARTICLE
Harvester
Inter
Tel
Johns Fanyille
Melly
Sprina
Kelvinator Co
Kennecott Copper
Kresge
Kroger
Lambert & Co
Tener Lee Rub
Tire
Liggett & Meyers
Lorillard Tobacco
Louisville G. E
X “Boy
McKeesport Tin
Mack Truck
Macy & Co
Matheson Alkali
Miami
Mo. Kan
Mo Pacific. Com
Montgomery Ward
Murray Corp
Nash Motors
Nat'l Dair Prods
Eter
Nat'l Distillers
Nat'l Power & Lite
Nevada
New Haven Ry
N.Y. Central
Noranda Mines
Teeee
N. A. Aviation
Reese
M. A. Corp
Pacific Ry
Sete
Ohio
Seecosts
Owens Ill
Glaas
Pac
Gas & Elec
Packard Motors
Park Utah Mining
Phel
Seer Pennsylvania Ry
C. Penney Co
Phillips Petroleum
Proctor & Gamble
N. J
Pullman Co
Radio Corp
Keith Orph
Remington Rand
Repub. Steel Corpn
R. J. Rev. Tob
Royal Dutch N. Y
Safeway
T. Joe Lead
Bt. L. & San. Pran
Schulte Ret
Seaboard Oil & Gas
Sears Roebuck
Shell Union Oil
Simmons Co
Socony
P Sugar Teen
Cal. Edison
Pac. Ry
Southern Ry
Oil of Calif
Oil of
Stewart Warner
Studebaker Eee
Tenn
Cop
Chem
Texas
Tex Pac Coal & Oil
Blysee TX
Pac. Landen
Tidewater Assoc
Transamerica
United Aircraft
United Corp
United Fruit
United Gas Imp
U.S
Coren U. S. Bteal
U.S. Bteel
Pfa
Union Carbide
Cal
Union Pac
Pro War Bros
Warren Bros
West
West. Union Tel
Woolworth Westinghouse
Elec
Ll Worthington Pump
Yel Truck & Cab
Peerees Ab
South ST. Paul
Minn
USDA
Livestock Prices Slide Across Cattle Hogs and Sheep Markets
Denver cattle and calves traded unevenly with light yearlings down about 10 cents and mixed yearlings near 5.65. cows fell to 3.50 and vealers to around 676.50. Hogs steady to 10 cents lower with good to choice 170 to 300 pound hogs near 4.35 to 4.94. Sheep 6800 native lambs down 25 cents with top lambs around 7.25 as buyers push lower.
MENTIONED IN THIS ARTICLE
Denver
Midweek cattle and hog sale drag due to heat in Portland
In Portland auctions June 14 cattle for 125 calves and 102 cars, mostly common quality, were slow. calves quoted 4.50 to 6.00, cutters down to 1.26, steers unsold, dealers scarce. Hogs 150 drive-ins very slow, butchers 5.35 to 75.50, hands-weight 5.40 down, heavies 4.15 to 75. Sheep 250 lambs 0.25 lower to 6 top, ewes steady around 1.50 to 2.00.
MENTIONED IN THIS ARTICLE
Portland
UBDA
Montana
Cattle and Hogs Steady in Seattle Market Report
Seattle market notes from June 14 show cattle without receipts, hogs at 136, and sheep at 278 with all sections trading steady.
MENTIONED IN THIS ARTICLE
Seattle
Railroads Plan 12 1/2 Percent Wage Cut Across Labor
New York June 14. Railroads across the country plan a 12 1/2 percent wage reduction on top of the existing 10 percent temporary cut. The move would lower the basic rate by 22 1/2 percent and affect all contract labor classes. Formal notices are prepared and to be mailed today.
MENTIONED IN THIS ARTICLE
New York
Sundial at Otsego Lake Honors Dr Arthur H Compton
A sundial at Otsego Lake Michigan shows hours by a non sun time system. It was built by Dr Arthur H Compton of the University of Chicago, Nobel laureate in cosmic rays, while a Cornell teacher, for his Wooster Ohio parents and placed at their summer cottage. Mathematical changes adjusted it from standard sundial design.
MENTIONED IN THIS ARTICLE
Otbego Lake
Mich
Arthur H Compton
University of Chicago
Cornell University
Wooster
Ohio
Metal Market Report From New York on June 14
Copper quiet at 8 cents for spot and future. Tin weaker with spot and nearby at 44.75 dollars and future at 45. Lead steady with spot 4.20 cents in New York and 4.05 cents in East St. Louis. Zinc quiet at 432 cents in East St. Louis. Antimony spot at 7.00 cents. Quicksilver quoted at 6076.2?
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Spokane market bids and prices amid midJune trading
A terse Spokane report lists bid and asking prices for multiple stocks or commodities, with figures such as Prem Gid 11h 125 and Grandview 69 60 percent, along with other numeric quotes and oddities from a June session.
MENTIONED IN THIS ARTICLE
Winthres, Mitchell
Spokane
Bia
Bunkerhill
Snshine
Golconda
Tamarack
Grandview
Wellington
Jack Waite
Life & Os
Noble Five
Boston Stock Exchange Bid Asked Snapshot
Boston stock list shows bidders and asks for several securities including Quincy Hancock Stones Swift Go Mohawk Apex Nipis Mas and Mile with quoted bid and ask ranges and percent notes. Market activity captured by Winthrop Mitchell & Co. dated June 14 in Boston.
MENTIONED IN THIS ARTICLE
Boston Stock Exchange
Winthrop, Mitchell & Co
Boston
Quincy
Hancock Stones Swift Go
Isle Rouse
Us&s Mac
Mohawk
Nipis Mas
Gurdg Up After Carly Price Cab
New York stocks steady after sharp fall in profit taking. Electric Bond & Share led a rally in utilities, American Gas & Electric rose about a point, while Humble declined over three points. Oil issues weak with Gulf Oil down, mining shares quiet, motors uneven.
MENTIONED IN THIS ARTICLE
New York
American Gas & Electric
Humble
Gulf of Pennsylvania
Aluminum Company
Deere & Co
Montgomery Ward
Swift & Co
Wheat Dips As World Conference Outlook Sours Prices
Active selling driven by pessimism on the world economic conference pulls wheat down about 3 cents. Argentine senate approval of opposition to the conference spurs plans for acreage curtailment, aiding the bearish mood. Corn and oats slip while hogs and provisions also ease as weather favors corn belt harvests.
MENTIONED IN THIS ARTICLE
John P. Boughan
Chicago
Senate
British Exchange
Grain Prices and Markets Report from Minneapolis
Minneapolis grain market report dated June 14 notes wheat activity with 130 cars compared to 55 year ago and cash grades with mixed protein levels. Prices listed include No 1 northern at 76 cents, No 1 dark northern at 78 1/4, various protein percentages, and fortified durum and amber varieties. Corn, oats, barley, rye, and flaxseed prices also recorded along with sweet clover seed at 2.25 to 2.60.
MENTIONED IN THIS ARTICLE
Timothy
Minneapolis
Montana
Wheat Opens Mixed in Minneapolis Market
Wheat prices move with Sept options at 5.76% and 8.74 close while other futures show fractional gains and losses. Trading notes from Minneapolis on June 14 indicate a cautious session with erratic bids and light volume.
MENTIONED IN THIS ARTICLE
Minneapolis
Winthrow, Mitchell & Co
Portland Wheat Prices and Receipts Report
Portland Oregon June 14 Wheat close figures for July 59 3 4 c September 62 1 4 c December 65 c. Cash bids listed for Big Bend blue stem 68 hard winter 60c 11 percent 65c soft white 60 1 2 c western white northern spring western red 58c hard winter 60c Oats No 2 white 22 50 Receipts Wheat 14 barley 1 flour 14 hay 1.
MENTIONED IN THIS ARTICLE
Portland
Ore
Big Bend
Also Mentioned on This Page
Otogka
Tistics Copyright
Eeee
Day
New York Stock Exchange
Winthrop Mitchell & CO
Cloge
Theese Seeer
Alaska
Juneau
Seer Corp
Eee Allis Chalmers
Am. & Fra. P
Amer. Inter. Corp
Ces. Amer. Locomotive
Vt Ee Metals
Lily & L., Com
Islam. P. Co
Amer
Tel. & Tel
Amer Tobacco B
Seeee Amer Water Works
Eee Amer Zinc. Com
Ana, Wire & Cable
Armour “A
Atchison Vee
Atlantic Re
Auburn Auto
Ae Avia. Corp
Delte
Baldwin Loc'’motive
Baltimore & Ohio
Eee Barnsdal
Bohn Aluminum
Bore & Warner
Chee Briggs Mfg. Co
Broklyn-Man
Trns
Butte & Superior
Butte
Byers
Hecla
Cerro de Pasco
Chesapeake & Ohio
Columbia Carbon
Columbia Gas
Eeene C'm'ith So. Corpn
Congoleum Nairn
Continenta
Del
Eter Crown Cork & Sea
Crucible
Drugs, Inc
Autolite
Engs. Pub
Gen. Amer
General Foods
General Mills
Goodrich
Goody'r
Graham Paige
Granby
Oskant Y Grunow
Setae
Houston
New
Howe
Eeeee Motors
Inge Nanden
Fleur
Treasury Report
HUG
Omaha
Metal Market
Carly Price
CURB
J. N. Gossett
Madison Valley
Metals Bank & Trust Co
Firet Bank Stock Corporation