Market Dips on Light Volume as Du Pont GM Watch
Shares base and volume slip as traders eye Du Pont and General Motors. Alleghany climbs 4%, tied to word Murchison interests gain control. GM and Du Pont regain some losses while overall volume hits multi month lows and the Dow declines.
MENTIONED IN THIS ARTICLE
New York
Wall Street
du Pont
General Motors
Alleghany Corp
Murchison
Alleghany
Hogs and grain prices rise and fall on markets
Indiana hog prices strengthened with widespread gains from 25 to 75 cents for sows and 50 cents for others, while bulk hogs ranged 17 to 17.75 dollars per hundredweight. Cattle, bulls, and yearlings showed mixed moves, with cows weak to 30 cents lower and steers steady, and grain futures fluctuated with soybeans down and wheat higher near session close.
MENTIONED IN THIS ARTICLE
du Pont
Arket
Motor Industries
Supreme Court
Financial Commission
Lincoln
Associated Press
New York
Anderson, & D. Kirk
Sock Exchange
New!tel
First Road
First House
Rector Kirk
Carl S. Downey
Lloyd Crain
Linden Lane
Chesterfield
Lloyd Reasoner
Jessup Brothers
Main Street
Shixley
Ind
Joe Kellum
Jim Bradley
Omer Jessup
Auds
Gat
Joe
Spring Lambs
Wena
Mary F. Gabel
W. Geetee
D. “Kirk
Chester M. Dewitt
Richmond
Straugha
Joseph Kellum
Arthur Carmichael
Chicago
Fuville
State Rd
Ellenberger Bros
Indianapol
Board of Trade
Lily
State Shift D epositories For Funds
INDIANAPOLIS AP A Lafayette bank was dropped and two Indianapolis banks added to handle the state government active accounts. Treasurer Hughes said the Indiana National Bank and Merchants National Bank & Trust Co. of Indianapolis will provide a fairer distribution of banking business. Estimates put active state accounts across banks varying from $2 to $89 million per institution, with Indianapolis totals possibly from $20 to $80 million, up to $100 million at times. Inactive funds and CDs are scattered among many banks, earning one percent interest, with a state depository insurance fund funded by a quarter of one percent.
MENTIONED IN THIS ARTICLE
Jennie McGuire
Superior Court
Madison County
Indiana
Anderson
Hartman
Township 20
Indiana Railroad
James McGuire
Raymond Badger
Ola Badger
Madison
County
Indianapolis
Lafayette
Robert E.hughes
Greenwood Republican
Purdue National Bank of
Hughes
Indiana National Bank
Merchants National Bank & Trust Co
Issate
Dianapolis
American Fletcher Nala Clearing Agency
National City Bank
Evansville
Lincoln National
Bank & Trust Co
Fort Wayne
First Bank & Trust Co
South Bend
Also Mentioned on This Page
American Stock Exchange
Pric
U.S
Nauy
Frankton
Maytag
Skelgas
Davenport
Airline
Philco
Richard F. Davisson
Busby, Davisson, Cooper and Farr, Attys
EG Hood
Muncie Livestock
Amy Livestoc
Tlefers
Leiters
Hugh
Rochester
Lake Kariba
Rhodesia
Erican
Standard Oil
American Oil Company
American Oil Research
M.pg
STANDARD OIL + DIVISION
McCullough
Nichol and
Madison Ave
ATLAS