Rails Lead Rally As Stock Averages Hit Year High
Railroad shares took the lead in a broad market advance with NYSE rail stocks reaching year highs on strong earnings and freight traffic. Merger prospects supported demand for Southern and Loree group issues while industrials varied from gains in Chrysler and GM to losses in American Can.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Southern
Southwestern
Walters Roads
Loree
Atlantic Coast Line
Louisville
Nashville
Chattanooga
St. Louis
City Southern
Chrysler
General Motors
Hudson
Mack Trucks
United States Steel
American Can
Dupont
Consolidated Cigar
Detroit Edison
Oral Electric
Fairbanks-Morse
Se York Canners
Postum Cereal
Rail bonds lead steady market gains in quiet trade
Bond prices advance as railroad issues show strength in The Associated Press report from New York. Ten first grade rails and rail groups push combined averages higher while total bond sales reach 6.34 million dollars.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Valley Lumber Coal Co. Bisons Sneer at Smokeless Coal
Valley Lumber Coal Co promotes Smokeless Coal Ria 73.90 price cited. No clear context or full sentences provided.
MENTIONED IN THIS ARTICLE
H. Mead
Bird Ontas
Bird
Pocahontas Coal
W. M. Ritter Lumber Co
Ria
Foreign exchange quotations and rates in New York
New York readers see irregular foreign exchange quotations on December 5 with decimal cent bids for Great Britain at 4851/16 and 4857/16 on cables, 60 day bills at 481, and varied figures for France Italy Germany Holland Norway Sweden Denmark Spain Poland and others including Argentina and Shanghai.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Geroon
Holland
Norway
Sweden
Denmark
Spain
Soa Ibe
Poland
Oczecho
Slovakia
Jugo-Slavia
Austria
Rumania
Argentina
Tokyto
Shanghai
Montreal
Wheat prices rise in final Chicago trading session
Rapid price moves in Chicago on December 6 lift wheat values with new crop optimism and strong cash demand seen at Winnipeg. December futures edge to about 1.78 while May trades near 1.73 as corn and oats gain modestly and provisions hold steady or ease slightly.
MENTIONED IN THIS ARTICLE
Chicago
Argentina
Winnipe
Butter Prices Hold Steady as Demand Improves in Chicago
Liberal offerings of 92 scores in the butter market today eased a quarter cent, with early sales as low as 48. Demand then improved and the market zone closed steady. Centralized market remained steady though movement was slow and buyers hard to find on 88 and 89 scores. Fresh 92-score at 48 and centralized 90-score at 44.
MENTIONED IN THIS ARTICLE
Chicago
Raw sugar futures edge higher amid liberal offerings
Raw sugar eased with more liberal offerings in New York trading. Reported sales include 49,000 Cuban bags from storage at 4.08 and 20,000 bags for mid December at 4.15. Futures closed two to four points up, with contracts at 2.35 for December and 2.60 for May. Refined sugar held steady around 6.00 to 5.60 for fine granulated.
MENTIONED IN THIS ARTICLE
New York
Seed price report from Toledo market
Seed prices listed for Wheat Red No 2 about 1.88 to 1.89. Clover domestic bids 18.75 cash and various December to March asks 16.50 a share. Timothy cash 3.25 and December 3.25 with March 3.50. Alluke December 15.75 and March 16.00.
MENTIONED IN THIS ARTICLE
Toledo
Alluke
Timothy
Dry Goods Markets Quiet Ahead of Cotton Report
In New York on December 5 cotton goods stayed quiet as traders awaited the coming cotton report. Raw silk held steady with cautious mill buying while wool blankets and fabrics remained subdued. burlaps showed little movement at Calcutta.
MENTIONED IN THIS ARTICLE
New York
Calcutta
Poultry Prices Steady Amid Trade Reports in New York
New York December 5 report shows steady poultry prices with steady rates for hatching eggs and fowls. Brokers note by express shipment prices at 85 42 cents for certain lots and 30 to 34 cents for others while general firm prices hold for the firm’s offerings.
MENTIONED IN THIS ARTICLE
New York
lAve Poultry
Steady Brothers
Express
Dancing Is Necessary to Health and Life, Says Bishop
Aberdeen, Dec 6. Dr. F L Deane bishop of Aberdean and Orkney argues dancing is as vital to healthy life as sun for flowers. He laments modern dancing but praises country dances for their enduring national sentiment and patriotism.
MENTIONED IN THIS ARTICLE
Aberdeen
Scotland
F. L. Deane
Aberdean
Orkney
Saving in the Use of Mine Timber
The Bureau of Mines reports timber life in mines averages three to five years if untreated. Decay and fungi threaten timber in damp warm mine air, with deterioration worsened by insects and rock pressure. Proper selection, preparation, storage, and wood preservatives are key to extending timber life in haulage ways and other areas.
MENTIONED IN THIS ARTICLE
Bureau of Mines
Department of Commerce
Timber treatment extends life of mine timbers
Timber treated with preservatives resists fungus and lasts longer in mines. About 85 percent of timber goes into temporary workings while 16 percent supports haulage and airways where decay matters more. Treated timbers in long lived openings can be renewed 5 to 10 times over 25 to 30 years, with life extended two to fivefold.
MENTIONED IN THIS ARTICLE
United States Forest Service
Bureau of Mines
Pennsylvania
Mine Timber Use and Preservation Bulletin Highlights
The bulletin 235 by Horner and Tufft reviews timber destruction causes at mines, salvage methods, and fire protection. It covers timber storage, adequate air flow, and costs across districts, with a chapter by Hunt on timber treatment and preservatives. Copies available from the Bureau of Mines, Department of Commerce, Washington, D. C.
MENTIONED IN THIS ARTICLE
R. R. Horner
Harry F. Tufft
George M. Hunt
U. S. Forest Service
Bureau of Mines
Department of Commerce
Washington, D. C
Wall Street Briefs Roundup From December Activities
NYSE sets ex rights date for Tobacco Products Class A stock with when issued trading today and subscription cutoff in January. Consolidated Royalty signs deal with Continental Oil to develop the Kraemer tract in Orange County California. Bank clearings rise 5.8 percent to 11.216 trillion across the U S. Great Northern plans a Cascade tunnel project in Washington State to run seven and three quarter miles from Berne to Scania, slated for 1927 completion with annual savings of 500 thousand. Pittsburgh district merchant steel bar sales rise as mills exceed prior month totals.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Tobacco Prod Corporation
Consolidated Royalty Oil Company
Continental Oil Company
Consolidated Royalty
Kraemer
Orange County
California
Commercial and Financial Chronicle
New York City
New York
Ralph Rudd
Great Northern Railway
Cascade Mountains
Washington
Berne
Scania
Pittsburgh
Orders Ahead of Shipments Highlight Industry Delays
The article notes shipments ahead of orders with Car firms facing bottlenecks and potential delays. It discusses supply chain pressure across transportation and manufacturing sectors and hints at broader economic repercussions.
Carnegie Steel Prevails For Fifth Straight Week
Carnegie Steel Company extended its winning streak to five consecutive weeks, maintaining leadership in the steel industry amid competitive market conditions and steady production results.
MENTIONED IN THIS ARTICLE
Negie Steel
Also Mentioned on This Page
ROAD
Indus
Oulso
Tir
Shas Ie
Siem
Hoe & Co
Lincoln
D. A. Garrett
S. C. Slaven
J. D. Ridinger
Bltpfield
W. VA
C. B. Hancock
Bluefield, W. WA Iret Watigne
Soak Building
Rit Ardwart Ret Co
Pocahontas Eas
Oseee
Bluefield
Colum- Cha
Portsmouth
O. E
Wealth and Ton & m
the Commercial Bank of
Bernard McClaugherty
W. C. Given
BY Akern
Nova Scotia
Alberta
Canada
Gock i
Ene
Department of Mines
Wall Street Briefs
Graham Brothers
Dodge Brothers
Florida
Graham Brothers Trucks
W. R. Keeser & Company
Bluefield Avenue
Johnston Monte Company
Butt Motor Company
Princeton
Pocahontas
Peony Painter Motor Company
Tazewell
A. Welch
Hickman & Pettet
Mullens
THE
First National Bank
Bluefield, W
Bluefield Trust CO
Mortgage Service & Real
Commercial Bank Bldg
C. F. Lyda
J. G. Ridinger
Community Loan CO
Bland St
Monte Vista Park Cemetery
Jnst
Commercial Bank
Freckles
Luna
Mageie
BY Blosser
Mageig Ott
Anyuay
DAPA
Candy Store
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