Stock Mart Holds Late Stand After Plunging to 2 Year Low
The stock market rallied late Monday after a sharp dip to a two year low as turnover topped 1.38 million shares. The Associated Press 60-stock index fell to 59.3, with 816 of 1,085 issues down and 85 up amid broad declines and mixed hints of renewed resistance.
MENTIONED IN THIS ARTICLE
Stock Mart
Associated Press
Wall Street
US Steel
General Motors
Chrysler
Anaconda
Kennecott
Tire
Douglas Aircraft
Twentieth Century-Fox
Studebaker
Oliver Corporation
Howe Sound
Schenley
International Telephone
American Smelting
American Can
Westinghouse Electric
Johns Manville
Philip Morris
Radio Corporation
Ants Fe
Southern Railway
Pennsylvan R. A
Baltimore & Ohio
Standard Oil
Slaughter Steer Weakness Felt In San Antonio
San Antonio reporting weaker undertone in cattle and calves with steady to mixed prices. Slaughter steers around 1200 pounds traded near 24 dollars, 600-650 pound yearlings at 23.50 to 24, cows 16.75 to 18.50, canners 13 to 16, bulls 17 to 22.50. Hog and sheep trade mixed with gains in some fat hogs and spring lambs around 27 to 31 dollars, goats uneven. Fort Worth and Chicago markets also described with varied cattle, hog, and sheep activity and prices.
MENTIONED IN THIS ARTICLE
San Antonio
Fort Worth
Port Worth
Chicago Livestock
Chicago
USDA
Grains and Soybeans Turn Weak on Board of Trade
Weak action in grains soybeans lard and corn on the Board of Trade with futures sliding to new lows for November and December contracts. Wheat led the decline amid hedging pressure. cash wheat remained firmer in the Northwest while Texas offered new crop wheat loaded to Kansas City. Fort Worth cash grain demand was fair with several carloads described and Chicago cash grain showed scarce wheat but weak corn and soybeans as elevators resisted high moisture grain.
MENTIONED IN THIS ARTICLE
Board of Trade
Northwest
Texas
Kansas City
Oklahoma
Fort Worth
Grain and Cotton Exchange
Texas Common Points
Texas Gulf Ports
Brooxhamm
British Grain Authority
Europe
Central States
Cotton Futures Decline After Small Losses in NY Trade
New York June 6 AP cotton futures eased narrowly in near term July contracts as selling pressure eased. Prices closed 10 to 25 cents per bale lower after brief firmness on active buying and short covering. A leading spot firm moved about 4,000 bales of nearby July futures amid quiet hedging and export activity. Weather across the cotton belt remained clear and favorable for the crop.
MENTIONED IN THIS ARTICLE
New York
Sydney
Japan
Newcastle
Nominsi
Rauscher Pierce & Co Investment Securities Ad
Rauscher Pierce & Co offers investment securities services at 315 Capital National Bank Building with contact phone 6 8649 for client inquiries and brokerage support.
MENTIONED IN THIS ARTICLE
Rauscher, Pierce & CO
Capital Nat. Bk
Average Spot Cotton Prices and Wool Markets Report
The survey reports middling 15 16ths cotton at 3246 cents per pound across 10 Southern markets. Wool markets in New York show steady activity with Australian demand and Newcastle results. top futures mostly unchanged with minor shifts.
MENTIONED IN THIS ARTICLE
New Orleans
Lamar Boulevard Closure For Rail Work Nights
Lamar Boulevard between West Fifth and Robert E Lee will close to traffic Tuesday and Wednesday nights. The closure runs about 9 to 10 p m each night and the road reopens at 7 a m.
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Fine Tex Co
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el Bond & Sh
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Mober Ener
Employers Casualty Co
Colorado Street
Weather Bureau
New York Wool
Savannah Ouston
Roper — Estate
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Austin Hydro Gas Co., Inc
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