Strong weekly stock rally lifts utilities and rails to new highs
The New York market showed continued bull strength with utilities and railroad stocks reclaiming losses from May. Public utilities, railroads, steel and chemical shares led gains on record highs, while oil and packing stocks lagged. Merger rumors spurred activity as volume surged, with many high grade issues hitting new peaks and broader indices nearing pre May levels.
MENTIONED IN THIS ARTICLE
New York
Associated Press
American Waterworks
American Power & Light
Consolidated Gas
Columbia Gas & Electric
Engineers Public Service
Underwood Elliott-Fisher
John Morrell & Co
Trico Products
Timken
Atlantic Refining
Mexican
Anaconda
Potatoes Market Report and Receipts as of June 29
Chicago reports a steady market with 1141 total potato cars and a split between new and old stock. Bliss tops the market at 2.75 to 3.00, Virginia Irish cobblers trade around 4.50 to 4.75, and Wisconsin whites bring 0.75 to 1.00 as supply and stock levels adjust.
MENTIONED IN THIS ARTICLE
Chicago
Oklahoma
Arkansas
Bliss
Virginia Barrel
Wisconsin
Silver Prices Across Markets Reported
SILVER NEW YORK June 29. AP reports bar silver at 52 and a half cents per ounce. LONDON June 28. AP notes bar silver at 24d per ounce.
MENTIONED IN THIS ARTICLE
Silver
New York
London
Free Trial of Rupture Support Demonstration in Idaho
William S. Rice of Adams New York promotes a free trial of his Rice Non-Surgical Rupture Method. A representative will explain and demonstrate at Bannock Hotel Pocatello Idaho on Monday July 1 offering a guaranteed comfortable support for ruptures for men women and children with no cost to test.
MENTIONED IN THIS ARTICLE
Wiliam S. Rice
Adams
N. Y
Bannock Hotel
Pocatello
Idaho
New York Stocks Mixed With Numerous Downgraded and Rising Issues
A broad listing of equities shows varied movement with notable percentages for several companies. Highlights include Armour De.pf at 8, Coca Cola 47, General Electric 324, General Motors 74, Westinghouse 192, and Union Pacific 224, among many others, reflecting a crowded market with mixed performances across sectors.
MENTIONED IN THIS ARTICLE
All C & Dye
Kennecott C
Allis Chalms
Koster Audio Sas Am Can
Am Loco
Lambert Co
Sisrland Ou vi
Eh Oos
Sitaml
Am Woolen
Ain Yal
Anaconda
Pacofa
Armour de
Monty Ward
Ara Nash Sinters
Nat C
Seth Steel
Nat P & Let
Nain! Surety
Valu
Central
Erro. de Pas
Nor Yo Aie
Nes & Ohio
Packard
Cmstp&p
St&p
Chrysler Corp
Postum
Coca Cola
Pullman Inc
Radio Corpta
Congolcum
Reynolds Tob
Coty
Schulte
Sears Reebk
Curtiss Aero
Davison
Hupp Motors
T S Steel
Tiiois Cent
Westingh el
Tnt Harv Co
West UN Tel
Int Nickel
Willys Ovrind
T & Tel
Wright Aero
Woolworth
Chicago Livestock Prices Show Mixed Bargains
Hogs receipts about 6,000 with 5,000 direct and load of fresh arrivals. Butchers and packing sows at 9.65 to 10.10, hogs 200 to 300 pounds 10.35 to 11.30, pigs 90 to 130 pounds around 10.25 to 11.25. Cattle receipts about 100, fed steers and yearlings strong to 25c higher, stockers and feeders down, top steer prices 16.50 to 16.65, yearlings 15.50, mixed yearlings 15.25, most grain fed 13.50 upward. Sheep receipts around 2,000 with 1,800 direct. native lambs 14.50 to 14.75, yearlings 12.40 to 12.00, fat ewes 6.50 to 6.50, feeding lambs 13.25 to 13.60.
MENTIONED IN THIS ARTICLE
Chicago
Duis
Rangers
ST. Joseph
Kansas
Texas Gressers
California
Texas
Idaho
Oregon
Hogs and cattle prices and receipts in Utah and Ogden markets
In St Joseph hogs strong to 10 cents higher with top hogs at 11.00 for 190 to 240 pounds. cattle receipts steady with choice steers and yearlings down about 25 to 50 cents. veal steady. Sheep receipts 2500 with lambs and yearlings lower. At Ogden hogs steady with limited activity. cattle receipts 65 with mixed prices. farm meat markets show varied declines across grades. Bonds markets and treasury notes noted in New York.
Wheat and Corn Prices Front and Back Page
Chicago June 20 Wheat No 5 hard 104. No 2 mixed corn 94 94 1/4 No 3 mixed 93 1/4 93 1/2 No 1 yellow 95 No 3 yellow 93 1/4 93 1/2 No 4 white dollar band No 6 white 64 Oats No 3 white 2 44 4% No 4 white 40 1/4 41 1/4
MENTIONED IN THIS ARTICLE
Chicago
Potato Shipments Reported Across States at Salt Lake City
AP summary notes June 28 U.S. potato shipments by state: Arkansas 14, California 39, North Carolina 54, Oklahoma 138, Virginia 877, with total 1159. Data from principal states reported in Salt Lake City.
MENTIONED IN THIS ARTICLE
Salt Lake City
Totel U
Utah Barbers Lose Licenses Over Renewal Fees
Thirty times 264 Utah barbers were deprived of their licenses today for failure to pay renewal fees. The state board of barber examiners took the action at its meeting in Salt Lake City.
MENTIONED IN THIS ARTICLE
Utah Barbers
Salt Lake City
State Board of Barber Examiners
Wheat Outlook Not So Heavy
Chicago June 29. AP World wheat production this year will be smaller than 1928 as experts foresee no glut of breadstuffs. Wheat futures rise 1½ to 2 cents per bushel, corn up ½ to 2 cents, oats down slightly, with provisions firm on hog values. Analysts expect winter and spring wheat to total about 903 million bushels, with spring yields possibly under 600 million.
MENTIONED IN THIS ARTICLE
Chicago
United States
Prices Took an Upward Move on Bullish Market
New York June 29 AP The stock market moved upward amid bullish optimism from hints of credit relaxation. Utilities, merchandising, chemical and investment railroad shares showed strength as operators resumed activity. Major gains included Atchison Topeka & Santa Fe and Chesapeake Corp up 2 to 3 points, with several utilities advancing over 2 points. Total volume around 1,500,000 shares.
MENTIONED IN THIS ARTICLE
New York
Atchison, Chesapeake & Ohio
Chesapeake Corporation
Pete Marquette
American Water Works
Columbia Gas & Electric
Detroit Edison
American Power & Light
Telephone Times
International
American
R. H. Macy
Abraham & Straw
Woolworth
Newport Company
Grain Market Sees Sharp Wheat Swings In Chicago
Rapid up turns in wheat values sparked by profit taking and a late day retreat. Dubious spring crop prospects in America and Canada, poor threshing returns from winter wheat, and 9000 bushels of North American exports influenced the market. Harvesting in the southwest progressed as primary receipts nearly doubled year over year. Wheat closed unsettled with small gains, corn and oats fluctuated, and provisions varied from a loss to a rise.
MENTIONED IN THIS ARTICLE
Chicago
America
Northwest
Canada
Southwest
Curb Market Quotations Report New York June 29
Curb quotations list Continental Oil at 20 percent Electric Bond and Share at 121 percent Electric Investors at 210 Hecla Mining at 18 percent Standard Oil of Indiana at 55 percent.
MENTIONED IN THIS ARTICLE
New York
Continental Oil
Electric Bond
Hecla Mining
Standard Oil of
Indiana
Who Needs Bifocals for Near Point Vision
A veteran fitter with over twenty years experience says adults over 45 can see clearly at the near point without fogging by using bifocals. The message emphasizes long practice in fitting bifocal lenses for improved everyday vision.
Also Mentioned on This Page
Financial and Markets
Ogden
Tee Steel
BONDS
Liberty
Treasury
Crain Futures
Sarnes R
AL G. Barnes
Pocatello, Idaho
Pocatello Tribune
The
Tribune
Peele
Dete
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