Market rally broad as stocks hit new highs in June
New York June 1 Bulls push stocks to new highs with over 50 issues advancing. U S Steel moves near 48 percent dividend. Rails attract buying while coal joining merger plays leads gains. some issues like Burns Brothers and Real Silk Hosiery fall. Wheat and corn rally despite rains as oats falter. Hog prices ease amid mixed pork and corn trends.
MENTIONED IN THIS ARTICLE
New York
U.S. Steel Common
Texas and Pacific
Jersey Central
National
Atrh’ Savage Arms
Burns Brothers A. Foundation
Compan
Real Silk Hosiery
Pennsylvania
Corn Delays Spark Market Rally Amid Wet Weather Fears
Chicago grain markets rallied on June 1 as anticipated wet weather threatened more planting delays. Corn led gains with prices up despite late drills and heavy rains in the belt. Wheat and oats posted modest advances while provisions eased, buoyed by broader purchases and risk management against further losses.
MENTIONED IN THIS ARTICLE
Chicato
Kansas City Livestock Market: Cattle and Hogs Mixed as Feeds Move
June 1 report from Kansas City shows cattle and calves at slow bidding with killing steers and yearlings weak to lower, high grade cows steady. Texas grass steers offered, bulls steady. hogs soft to 20 cents lower with 180-225 lb bulk trading near 9.59. sheep and lambs generally steady to firm with spring lambs around 16.40 and natives near 16.00.
MENTIONED IN THIS ARTICLE
Kansas City
APJ
Arizona
Texas
Metal Market Spot Prices Steady Across N Y Market
Copper firm at 12.75 for spot and futures. Tin steady with spot near 67.25 and July at 65.62. Iron prices unchanged. Lead steady at 6.40. Zinc firmer in East St. Louis at 6.10 to 6.12. Antimony spot around 13.00.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Returns Show Victory for Amendments in Arizona
Official returns indicate a large majority for two amendments to article XII of the Arizona constitution. About 167,403 people were registered in the last general election though complete results may take days. Secretary of State James idrhy noted delays and potential legal challenges over water and power rights tied to dam projects on the Colorado River.
MENTIONED IN THIS ARTICLE
Dave
James Ldrhy
Arizona
Noulder Canyon
Colorado River
Attempt To Force Buying Up Of Silver
A coalition led by the American Silver Producers Association and several mining firms filed a mandamus suit in the District of Columbia Supreme Court to compel Treasury to buy 14,589,720.13 ounces of silver bullion at 1 per ounce under the Pittman Act. Chief Justice McCoy ordered Mellon and Mint Director Grant to show cause June 22 why the mandamus should not issue.
MENTIONED IN THIS ARTICLE
Washington
American Silver Producers’ Asseeeciation
Utah
Delta S. Consolidated Mines Corporation
Spar Consolidated Mines Corporation
Colorado
District of Columbia Supreme Court
The
Treasury
Mellon
Robert J. Grant
Mint
McCoy
Lindbergh Set to Return Aboard U S Navy Cruiser Memphis
London dispatch reports Captain Charles Lindbergh will depart Cherbourg aboard the U S Navy cruiser Memphis and sail to Washington with his Spirit of St. Louis to be presented to the president. The voyage is expected to reach Washington by June 11 with high honors from both nations.
MENTIONED IN THIS ARTICLE
London
Charles Lindbergh
America
Uncle Sam
Memphis
Cherbourg
Washington
Lindbergh
France
St. Louis
Southampton
Lindy
Paris
Savoy
Pratsie
Samuel Hoare
Chaplin Plans Cross‑Complaint In Divorce Case
Los Angeles reports Charlie Chaplin will file a complete answer to Iltta Grey Chaplin's divorce bill and submit a cross‑complaint seeking a decree on his behalf. The filing is expected Friday with deposition of Mrs Chaplin set for Thursday and a speedy trial demanded by her counsel.
MENTIONED IN THIS ARTICLE
Los Angeles
Charlie Chaplin
Iita Grey Chaplin
Chaplin
Mrs. Chaplin
Canadian Ace Will Try London Flight
Captain FE J Janney, 62 year old Canadian flying ace, announced he would depart Ottawa June 30 for a non-stop flight to London England as part of Canada Jubilee celebrations. He plans to fly with a radio operator aboard, covering about 3000 miles, roughly 660 miles shorter than Lindberghs New York to Paris trip.
MENTIONED IN THIS ARTICLE
Ottawa
Ont
FE. J. Janney
London
England
Janney
Canada
Janney Brokeser
Lindbergh
New York-Paris
San Francisco Endorses Pacific Flight Plan and Prize
In San Francisco on June 1 AP reports official sanction by F Trubee Davison and Porter Adams for a San Francisco to Hawaii flight. The city offers a $50,000 prize to the first airman to fly to Hawaii and return, as announced at the Citizens Committee meeting appointed by Mayor James F Rolph Jr.
MENTIONED IN THIS ARTICLE
San Francisco
Hawaii
Fiiziit
F. Trubee Davison
Porter Adams
National Aeronauical Association
Pacific Ocean
James F. Rolph, Jr
Death of Lexington jockey George Paul at Churchill Downs noted
George Paul 42 of Lexington Missouri was found dead in bed here today. He served as an assistant starter at Churchill Downs and was known for years as a jockey and trainer. The death is reported as a notable notice in racing circles.
MENTIONED IN THIS ARTICLE
George Paul
Lexington
Churchill ,Downs
Convicted Matricide Sentenced to Life in Tennessee
Henry Williams, 42, was found guilty by a jury in Memphis of murdering his 70 year old mother and received a life sentence. The verdict came after testimony about the fatal attack on the mother in their home.
MENTIONED IN THIS ARTICLE
Biemphis
Tenn
Henry Williams
Automobile Medesine
Neve
Classified Advertisements for Sale and Rent
House for sale and rent listings include a seven room house for sale and a house for rent with contact by phone 381. Furnished rooms for rent appear at 412 West Maple Street and 406 First Street with June dates and private bath options. A Lost brown leather Boston bag is described as lost near Winslow with finder instructed to leave at Winslow Mail office.
MENTIONED IN THIS ARTICLE
West Maple Street
Boston
Winslow
The One Advantage of Procrastination
This cheeky line means delaying tasks can avoid work if you are fired tomorrow. It reflects a wry take on workplace pressure and the joke that better outcomes may arise from missing today’s burden.
Order To Show Cause Filed In Oil Case
In San Francisco on June 1 AP reports a petition for an order to show cause why the California state commissioner of corporations should not deliver the books and records of A C Wagg & Company Inc to domiciliary receivers I H Cochran and Samuel M Shortridge Jr. at present in Los Angeles. The petition seeks to restrain turning over Wagg company records to ancillary receivers Joseph Scott and H L Carnahan of Los Angeles and notes the firm’s link to the Julian Petroleum scandal.
MENTIONED IN THIS ARTICLE
San Francisco
State Commissioner of Corporations
A. C. Wagg’ & Company, Inc
I. H. Cochran
Samuel M. Shortridge, Jr
Los Angeles
Julian Petroleum
Commissioner of Corporations
Joseph Scott
H. L. Carnahan
Wagg Company
St Louis-San Francisco declares extra dividend
The directors of the St Louis San Francisco railway declare an extra dividend of 25 cents a share on common stock and a regular quarterly of 1.75 dollars, payable July 1. Similar disbursements were made three months ago.
MENTIONED IN THIS ARTICLE
New York
St. Louis-San Francisco Railway
Pilot Ernest Smith to attempt Oakland to Honolulu flight
Ernest Smith of Pacific Air Transport in San Francisco announced plans to fly from Oakland to Honolulu. Smith, a former army flier, will undertake the long ocean crossing as an official test flight.
MENTIONED IN THIS ARTICLE
Coolidge
Lindbergh
New York
San Francisco
Ernest, Smith
Pacific Air “Transport: Company of
Oakland
Honolulu
Smith
Westinghouse KFRX Radio Station Closed in Nebraska
Westinghouse radio station KFRX near Nebraska closes at midnight after 3 1 2 years on air. The order came as a surprise and the facility is now being dismantled.
MENTIONED IN THIS ARTICLE
KFKX
Ilastings
Neb
Westinghouse
KFRX
Katherine Stinson Named NM Representative for Aviation Conference
Miss Katherine Stinson of Santa Fe named by Governor Dillon to represent New Mexico at the first conference for the development of commercial aviation in St. Joseph Missouri, June 6 7. Described as the world's greatest aviatrix and a pioneer among women fliers in America.
MENTIONED IN THIS ARTICLE
Aviatrix
Santa FE
N. M
C. Dillon
Katherine Stinson
Santa
America
New Mexico
St. Joseph
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