New York Stocks Tin Cotton Prices Mixed
Market report shows cotton futures edging lower while other key commodities and shares display varied movements. Analysts note cautious trading as investors weigh supply data and global demand signals against near term economic outlook.
Cottonseed Oil and Drygoods Market Quiet in New York
New York reports a quiet cotton textile crackle with small sales of print cloths for third and fourth quarter delivery. Mills anticipate annual shutdowns next week. Wool goods orders hold steady, prices steady at Australian wool auctions. Synthetic goods activity curbed by seasonal influences. Closing prices for today noted.
MENTIONED IN THIS ARTICLE
New York
No load funds lack salesmanship in mutual fund sales
The columnist argues no load funds, which sell at asset value with no commissions, fail to dominate because they lack a sales force. He notes salesmanship drives fund sales and commissions, while traditional funds rely on brokers and dealers to sell shares, a key factor in success.
MENTIONED IN THIS ARTICLE
Doyle
Stocks Rise Dip Then Climb Again
The New York stock market swung through a volatile day with heavy trading. Early gains faded midday then a comeback lifted prices as Du Pont Xerox GM and Chrysler rose. Major closes included United Aircraft up 2 and General Electric up 1.25. Volume reached about 20.3 million shares.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Exchange
du Pont
Xerox
General Motors
Chrysler
United Aircraft
Anaconda
General Electric
New York Central
Jersey Standard
Eastern Air Lines
American ‘Stock Exchange
Duval
Ford
Canada
Lease Plan
Syntex
Aerosol
Carnation
Over the Counter Securities Guide Estimates
The prices listed by members of the National Association of Securities Dealers do not reflect actual trades. They serve as a guide to bid and asked ranges as of the compilation time.
MENTIONED IN THIS ARTICLE
National Assn. of Security Dealers
Slaughter Livestock Prices Across Regions
AP reports slow trade in slaughter steers and heifers with limited demand. Prices vary by weight and type across Phoenix Los Angeles Artesia and Kansas City markets, including steers 24.80-28.25 per cwt and heifers 24.00-27.00, with cows and calves showing broader ranges and utilities noted.
MENTIONED IN THIS ARTICLE
Phoenix
Kansas City
Hoss
Los Angeles
FSMN
Artesia
Metals Price Rundown From New York Markets
June 2 market notes show copper at 16 cents a pound in New York while lead hits 16 cents a pound in Connecticut Valley. Tin trades around 1.790 per pound in New York with foreign silver at 1.29 percent per troy ounce. Quicksilver and other prices appear incomplete but reflect general metals activity on this trading day.
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New York
Connecticut Valley
East St. Lons
New Ork
Treasury Position Shows Cash, Debt and Assets
Treasury data compare June 24 1865 with June 24 1944 reveals balances of 12 748 424 309 49 and 11 154 597 700 00 deposits for fiscal year 129 341 208 370 39 withdrawals 174 796 317 92 83 192 541 349 507 54 total debt 917 899 142 606 94 91 925 839 891 78 gold assets 14 29 706 753 04 15 463 060 053 48 includes 283 368 680 01 debt not subject to statutory limit
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Lowa P&l Wi
Raytheon
Oh Eich
Repu’ Corp
John & John
Repub
Jan Logan
Revere
Abbott L
Ars
Jones & 200
ABC
Gontait
P&l Ag
Reyn
Admiral
Jake Wye
Vy Rey
Kan P&l
Corning
Rheem Miney
Air Reduc
Rich Merrell
Crow
Kelsey Hay
Crown Cork Né
Kendall
Zell
Ritter
Kerr McGee
Allied Ch
Ada
Idia
Keystone
Allied Kid
Allied
Uva
Allied Pd Wa
Kirk Natys
the Rohm & H
Allied St
Vo Culler
Ally A Kresge
Alcoa
P&l
Ava Amerace
Va Deere
Lanvin
Ryan Agrais
Amerada
del & Hud
Lear Sle
Ryder
Atelin
del P&l
Uy Lee National
den & Rgw
Jos
Ligg & My
Lily Tulle
Link Bell
Disney
Lionel St
Java
Schering
Schick
Am & FP
Wa Litton
Schimber
Asdaib
Livings Oil
Scott Fore
Scott Paploa
Loew
Donnelley
Doug Airc
Seab Finan
Met
Searls
Va Dress Ind
Durlan
Lou & Nash
Sears Roeb
Ba Am News
du Pont
Lowenstein
Tata
Seeburg Cp
Vai Ain Optical
Am Research
Bia
Shell Gil
Fi Shell Tran
dAacAnd & F
Mack Tr
Macy
G&f
Macy RY Simmons
Madison Fd Cyry
Va Sinclair
East Kod
My Singer Co
Smith, AO Ee
Ametek
Ekco
Ava
Magnavox
Smith
el Bond & Sat
AMP Inc
el & Mus
Marath Oil
Ampex
el Star Bat
Care Ag
E&g
Amsted &A
el Paso
Eltra Carp
We Southn Co
Anken Chris Ben
Ariz P
MCA Inc
Sweet
Armco
Erle Lack
Sparion Co
Armour Wy
Evans
McCall
Sperry
Evershara
McCord
Spiegel
MeDon Air
Td Brandes
Aerojet
Asia
Uu Ba
McGraw Ed
TAY
Aeronca
Atchison
McGraw
Alan Wood
All City
McIntyre Tin
Ind
All Am
Csi
Fairmont
Achess & Ray Ao
Alles Airl Sa
Aig Ave Lf
Sta Atlas Co
cLouth
Iva
Va McNell Corp
Electron Auto
Wwe
Fedd Corp Va
MA Atead Co
Arkha Gas
J Save FM
Fenestra
Merck
Stevens
Stet Drug
Asamera
Vizerro Cn
Merc Ch&s i
Stow War
Ad Research
Babcock
Filtra
Ansa
Stoke van & Stone
Allas
Consol
Bakerot
MGM
Atlas Cp
Firestone
Metromad
G&e
Studebaker
Bantf Oil West
Abe AM
First West
Mission Co
Ing Bausch & L Baxter Lab
Filmkote
Mission Dev Aw
SuCrest
Pau Dale
Fds Ag
Das Fla
Sunbeam
BSF
Vo Beaunil
Sundstrand
al Ray
Bunker Hill
Beckman
Food Fair
Mohasco
Sunray OX
Monsanto
Suash Mn
Beech L
al Sweets Co
Cin Mare
Bell & How
Ford
Bell
Mong Ward
Bendix
Carnation
Motorola
BOI Boi Hatin
Benguet
Christiana Oil
Best & Co
Ve Munaingw
Tampa
Elec
Fe Beth Steel
G Murphy, GC
Tae — Tech Materey
Ok Cinerama
Bigelow
Ity
Wale Ta
Murphy Oil
Telautogr i
Ye Clary Cp
Black & Ds
aPve Gamble Sk Aa Ae
Tena Gas
Comput Scien
Aia
Blaw Knatah
Texaco
Bliss & Md
Garlock
Narco
Am Tran
We + Va
Boise Cascade
Biscay
Draper
Bors Warn
Duval Corp
Borman
Fdays
Esquire Cormy
Boston & Me
Gen Mills
Tidewai
Essex
Broach & & W
Gen Motors
Va Fargo Oils
Felmant Petra
Tse
Navicc Co
Trane
AbVa
Firth Sterling
Ave
Neisner BP
Buty Erie
St Ind
Neptune
Budd Ca
Nevada
Gen Tire
Ava de Burl Ind Beye Atvs
Geneseo
Goldfield
Newmont
Gerber
Bas Pet
Getty
Usylite
Greer
NY Central
Gulf Am
Calgon Corp
NY Shield
Isi Wa UN Carbide
Cry
Gillette
Callah
Ginn & Co A
Nord
Los
Bsc
AB Nor Central
Goodyear
Dala Nor Ind
Eno & F
Caro P&l
Credava
Pac AB Asya
Jeannette Gicarr
Gen
Indust
Kane Miller
M&m
Gin Lyon
Norton
Kawecki
Ie Morwlen
Va Kirby Petro
Ae Cenco
Lenox Inc
Foy Taha Aed
Levitt Sons
Hud & Jaa
ABA
Greyhound
Grom Sire
Mackey Air
al AM US Indust
Mead John
Guiran
Menasco
Opelika
Otis
Owens
Monogram Industries
Sun
Pacg & el
Eiel Sun
Chesebrau
Desach
Univ Amer
Chi & E
Pactat
Marste
National Co. Am
Ch _M SPP
Tove Pia
Univ
Aois
Nelly Dan
Newal
Heinza
Pan Am
Utah P&l
TaMa Hollerth
UTD Corp
Idria
New Park Mining
Chris
Tae Va Vendo Co
Bec
Chrysler Hewlett Pk
Boty
Pennsatt Penney
Onden Cp
Cin
Mit
Hilton Init
Adn
Vulcan Mat
Watnrean
City Invest Wa
Papsico Ag Mn
Ns Walworth
Pancoast
Wa Clark
Asva
Warn Bro Co
Soa Sbm Save
Wa Petrolane
Warn Lam
Cilett Peate
Honeywell
New York
Pfizer
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Phil
Preston
Colg Pal
Ci & Aik
Vda
Webb
Reeves
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Nava
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Phill Pet
Colo F & Ir
Johnson
Pillsbury
Bancorp
Salem Oro
Ania Atv
Howard Sir
Colo Fel
Howe
Colo Int Gas
Hunt
Coke & C
Westa A Bk
Air
Colt Ind
Hupp Cp
Westy el
Selas Carp
Weyerhaguser
Annaly
Sperry Rand
Wickes
Ed Paints
Indpis P&l
Potom el
Wilson& Co
Statham Instee
Blarot & G
Swanee Paper SM Om Sal Corp
AIM
Ing Rand B
Colo
Wis el Pw
Syntex
CPN
Conde Nast
Adve AD Ag
Interchom
Teehrleol
Interlake
Sd P&l
Woodwe
Polman
Isa — Ab Fon Foods
Wrigley
Xerox
Sh & T
OM West
RCA Won AM
Wilson Br
Washington
Treasury
Former Chrysler Boss Tex Colbert To Retire
DETROIT—L. L. Colbert will retire June 30 as chairman of Chrysler of Canada Ltd at age 60. He chose early retirement over waiting to 85, with a pension of 344,788 a year. Colbert began at Chrysler in 1933 and led during the mid 1950s when sales fell before turning them profitable again, helping lift the company back to growth.
MENTIONED IN THIS ARTICLE
Detroit
Ih— L.L
Tax
Colbert
Chrysler Corp
Chrysler of Canada Ltd
Walter P. Chrysler
Lyon Townsend
Chrysler
George Love
British Seek New Aid To Back Pound
British Chancellor James Callaghan opened two days of talks in Washington with U S officials seeking further support for the pound. He and aides meet Treasury Secretary Henry Fowler as they discuss the international monetary system and a possible expansion of the U S British swap agreement.
MENTIONED IN THIS ARTICLE
Washington
UPI
James Callaghan
U.S
Callaghan
Treasury
William Armstrong
Patrick Dean
U.S. Treasury
Henry H. Fowler
Farm Product Prices Increase 2 Percent in June
Washington report shows farm product prices rising 2 percent for the month ended June 15. Hog and cattle prices led gains while potatoes lettuce milk and wheat fell. Overall prices stood 10 percent higher than mid-June last year.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
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