Market Rebound After End of Liquidation Phase
New York stocks firm after a liquidation lull as London and Wall Street buyers push prices higher. Short covering lifted early declines, with gains in Case, Allied Chemical, Rand, Westinghouse Electric, American Tobacco, Eastman, Foster Wheeler, and others. U.S. Steel, General Electric and Radio rose modestly while American Telephone and American Can posted solid gains. volume about 3.7 million shares.
MENTIONED IN THIS ARTICLE
New York
London
Wall Street
Case
Allied Chemical
Rand
Westingouse Electric
American Tobacco
Eastman and Foster Wheeler
Electric Power and Light
Btone and Webster
American Water Works
Johns Manville
Atchison
Union Pacific
Standard Gas
American Can
U.S. Steel
General Electric
Radio
American Telephone
Mixed Livestock Prices Across Chicago Omaha and Ogden Markets
Chicago hogs 31 000 head with 11 000 direct, late trade 10 to 15 cents lower. top 95 cents for butchers 250 to 300 pounds. Cattle 5 000 with calves 2 000 steady. steer, heifer and cow classes show limited gains and wide ranges. natives lambs 12 to 12 1/4 dollars. Omaha hogs 11 000 very slow. top 9.50 for choice 225 pounds. cattle 2 500 with fat steers and yearlings steady to strong. sheep 2 500 fully steady. Ogden hogs 189 with 108 for market. best drive-ins 9.70 to 9.75. cattle slow with limited good feeders. sheep 17 903 with bulk trucked lambs around 9.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Omaha
Ap-Usda
Idaho
Ogden
Copper prices rise in New York market
Copper for domestic delivery sold at 12 cents per pound, up a quarter of a cent from yesterday. A brief dip to 11.6 cents spurred demand, with stocks at the lower price quickly exhausted. Export business improved as 1.5 million pounds were sold in the morning versus under 500,000 on Wednesday.
MENTIONED IN THIS ARTICLE
New York
Metals steady as electrolytic prices edge higher
Metals move little overall with spot and future electrolytics up 12 cents. Iron holds steady while tin shows slight gains with ox spot near 3087 cents and near term 31.12 cents. Zinc remains easy with East St. Louis spot and futures at 4.37 and 3.40 cents. Antimony at 7.10.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Record of Silver Prices and Flight Plan Mention
Silver prices listed with 344 cents per ounce. A report notes Mrs Elisabeth Elliot-Lynn of London planning a 2 000 mile flight in her own airplane over England and Ireland.
MENTIONED IN THIS ARTICLE
Elisabeth Elliot-Lynn
London
England
Wheat Holds Firm on Steady Market in Chicago Trade
Wheat prices closed firm in Chicago as calls for harvest progress and a pledge from the federal farm board allied not to sell kept sentiment up. Traders noted only a small decline from three months ago, while corn and oats posted modest gains and provisions varied.
MENTIONED IN THIS ARTICLE
Chicago
Canada
Southwest
Alexander Legge
Federal Farm Board
Potato shipments show steady trade across U S markets
Potatoes in Chicago report total U S shipments at 899 with steady trading. Prices for southern sacked Bliss and Irish cobblers listed with several state totals including Arkansas 26 and North Carolina 304 shipments. SALT LAKE CITY figures mirror June 18 data.
MENTIONED IN THIS ARTICLE
Chicago
Ap-Usda
U. S
Southern
Bliss
Arkansas
Oklahoma
North Carolina
Salt Lake City
USDA
California
Maine
Tennessee
Texas
Virginia
New York Call Money Steady Amid Mixed Prime Rates
Call money remained steady at 2 1/4 percent through the day. Time loans were easy with 30 day at 2 1/4 percent and 60 to 90 days around 3 1/4 percent. bankers acceptances unchanged with prime commercial paper at 12.
MENTIONED IN THIS ARTICLE
New York
Marketing and storage reforms urged at grain and wool conference
Speakers in Idaho discuss marketing rather than surplus as the solution to low prices. They advocate inland storage to hold crops, loans for farmers, and better interstate quarantines. Officials forecast 6,000,000 bushels handled by the Intermountain Regional coop this year with 60 percent of wheat producers signed up.
MENTIONED IN THIS ARTICLE
Stockman
Shepherd
United States Senate
Canadian Grain Pool
McFee
The
Wheat Pool
Senate
Webster
Intermountain Regional Corporation
Idaho
Utah
M. L. Dean
Dean
Two Accidents Spoil Party Former Kaiser
Two accidents marred the former Kaiser Wilhelm II’s event near Leyden. An explosion on a craft caused a fire and sinking, injuring three, including C. Graefin Lehndorf and H. Graf Denhoeff. The Kaiser sent help and the injured were taken to a Leyden hospital. A second accident involved a car carrying Wilhelm’s servants that overturned between The Hague and Harlem. the occupants were hospitalized and an aide was dispatched to check on them.
MENTIONED IN THIS ARTICLE
Kang
Leyden
Kaiser
Princess Hermine
C. Graefin Lehndorf
Prein
H. Graf Denhoeff
Friedenstein
Wilhelm
Hague
Harlem
Tax Payments Shrink Deficit and Boost Treasury Surplus
Tax receipts totalled 543.56 million, cutting the deficit to 61.95 million. Public debt outlays reached 461.92 million as maturities on treasury certificates were retired. Income tax receipts for the year rose to 2.071 billion, about 200 million above last year, signaling a comfortable surplus by June 30, 1930.
MENTIONED IN THIS ARTICLE
Treasury
Also Mentioned on This Page
Financial and Markets
Kennec Cop
Kolster Radio
Kraft Phen Am
Kresge
Lambert Co
T&t
Loew's
Miami Copper
Mo Pacific
Anac Copper
Mo Pac
Arm
Monty Ward
Atchis T & S
Nash Motors
Barnsdall A
Nat Casa Reg
Beth Steel Hol
Pow & Lt
Burroughs
Nat Surety
NY Central
Sears Roebk
Coty
Sin Con
Davisn Chem
Skelly Owl
S Drug Inc
Sou Pacific
du Pont
Sta Gas & el
Fastman
Cal
Erie RR
Stew Warner
Genectric
Studebaker
Gen Motors
Tex Gulf Sul
Tim Roll Big
Goodrich
UN Oil of
Graham Paige
UN Pacific
Gt Nor Ry
U S
U S Steel
L Central
West Electric
Cement West Union
Int Harvest
Willys Overind
Nick
Woolworth Co
Gen Poods
Kelly Spring
Omahs
Lordon
Zeppelin
Lakehurst
Associated Preas
N. J
Pernambuco
Brazil
Thousande
Germany
Michaud
Our Chamber of Commerce
Act
Pocatello