Stock Offerings Rise On Market Turn Amid Positive Tonnage Read
The noon market absorbed stock offerings with enthusiasm as steel tonnage reports hinted at a turning industry. Reports of a price cutting program and favorable moves by the Fed influenced sentiment, while Southern Railway investors eyed a potential $7 annual dividend trotz mixed reactions to preferred stock. The day showed improved absorptive power and a brighter near term outlook for prices.
MENTIONED IN THIS ARTICLE
Motors
Salle
Steele
Kansan
Stock Market Strength Pushes Industrials to New Highs
At the New York Stock Exchange on Sept 10, buying in industrials especially motor, equipment and chemical shares lifted the average to a record peak. Rails rose then fell after Southern Railway dividend news. General Motors, Dodge, Moon Motors and Pullman posted gains as traders anticipated abundant call money liquidity and strong demand. Wheat and grains faced bearish reports, with Canada and U.S. crop prospects weighing on futures while overall market sentiment remained cautious.
MENTIONED IN THIS ARTICLE
New York
Southern Railway
Mont Corporation
Baldwin
Pullman
France
Nor ‘Weglan
Anker
Northwest
NEW York Stock Exchange
Lagan & Bray
Chemicat
Salon Ali Chalmers
Be A ‘Chemica Ie
Ben ‘Aimerican Faisie
Americas
Ian Lean International
Aimer
Ben Ann Atehiaon
Enieg & Mock
Inia Om
Conden Gorn Ny
Crucible
Gaba
Gaba Arneo
Continental
Su Sa
Payison Chemical
Dodge
Wee Son
Kansas ‘City
Kennecott
Lehigh Valley
Maracaiboa
Mexican Seaboard
Miami
America
Phillips Petroteus
Ae Packard
Juth Western
Sinclai
Mn Petroleum Fe
Southern Pacifi
Southern Tattw
Texas
Livestock market reports from Chicago and South St. Paul
Evening livestock price report from Chicago shows hogs at 150 to 240 pounds up to 13.25 top, sows around 10.25 to 13.00, cattle receipts 7,000 with fat steers 14 to 16 dollars, lambs steady and westerns noted. South St. Paul receipts 1,800 with hedging on fat cattle and hogs, hogs top around 12.75 to 12.80 for 200 pounds, sows 10.60 to 10.85, feeding pigs around 12.50 and sheep mostly steady.
MENTIONED IN THIS ARTICLE
Logan Fe Yan
Industrials
Bia
Antena Acme Coat Centertomat
Checker ‘Ab Durant Et « Menabi A Tate Rev
Tobacco Ini
Mex Continental
Pennock
Ryan Ns
Sappe
Sane Wiens
Ag Nopg
MINI
Arizona
Jobe Butte & Wester & Serome Crerkon Ns
Deloree A
Mure Heck Holler Hilh Nv
Revel
Eck Hughes
Bevan
Kikea Bohemia
Ohio Copper
Euit Praia Ron Cap
Central
Ion Us
Logan Ay
Hoston
Lega
Bryana
Ty ‘Omatic
Fureke Bali
Careon
Reynone
Reek
Binghan
South
Standart Prince
Why Overland
Wasi ‘Toll Wales
Aidek
York
Bo New York Stock Exchange
Treasury
Poreig
Sacchoslovak
Resma
Brench
Republic
Associated Pres
Chicago
Ely
Washington Lambs
Associated
South ST. Paul
Oman, Pt
Nevada
Portland
Associated Press
Ore
Market tumbles on crop reports lift for immediate wheat
Government crop reports slashed futures prices while millers bid up spot wheat. May wheat fell to around 1.62 showing the sharpest drop. December near 1.57 amid a broad session of declines in corn and oats with mixed provisions.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United States
Foreign Exchange and Metal Markets See Mixed Activity
The Associated Press reports irregular foreign exchange with Great Britain and France showing varied rates, and sterling demand at about 4.84 dollars. Copper, tin, lead, zinc, and antimony markets display mixed prices with copper dull and tin firm. London gold and base metal values are listed, alongside potato market receipts and price ranges in the United States.
MENTIONED IN THIS ARTICLE
Associated Press
York
Eany
East St. Louis
Stock Market Summary from Regional Live Stock Markets
Regional cattle hogs and sheep receipts include Denver Spokane Portland Sioux City and Surat weather notes. Cattle prices steady to strong hogs mixed with top loads about 13 dollars for medium weights and vealers up to 10 dollars. lambs around 14 to 15 dollars with feeding lambs ~15.00 to 15.50.
Also Mentioned on This Page
Eagily
Ie Sonna
Logan A Ryan
Richmond Bo
Logan & Bryan
Boston
Lara
Jay's Range
Minneapolis
Duluth
The
Close
Apiumber AE Colober Ae
Isc
Hennery
Excra
Asucmied
Bres
Soc
Logan& Bryan
Embaco
Ines Atlantic
States
Canada
Billings
Spokane
Scotta
San Francisco
Los Angele
Finlen
Butte
Montana
Rey Torriqwey
Atsoniat New Forc Eat
Septances
Joana
Belgium
Germany
London
London Metals
Py the Asanelatad Press
Asociated Presse
Wisconsin
Minnesota
Mason Vatey
Cornelia i
Mary
Ion
Vontars
East Broadway
Wall St
New York City
Metals Bank & Trust CO
Butte, Mont
Jesou
James E. Woodard
James 7. Finlen
PLACE
We . Cashier
Z. L. Teal
Surke
First National Bank OF
Butte, Montana
Ast
Prac Sleere
Denver
Associated Pret
Sioux City
By_the Asociated Press
Surat
Ireland
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