Vigorous Shares Hit New High Ground in Market Rally
Wall Street opened cautiously but strong buying in utilities lifted prices, with many stocks reaching new highs before profit taking trimmed gains. The day featured mixed signals from Washington and cautious optimism about industrial stability, as key names swung and averages showed progress amid volatility.
MENTIONED IN THIS ARTICLE
Red Press
R.R
New York
Wall Street
Washington
Hoover
United States Chamber of Commerce
Julius Klein
Federal Reserve Brokers
National Automobile Chamber of Commerce
U. S. Steel
Stone & Easter
People’s Gas
van Sweringen
Alleghany Corporation
Chesapeake & Ohio
General Electric
American Can
Johns Manville
Kennecott
Montgomery Ward
Sears Roebuck
New York Central
Bonds Rise to Fresh Highs on New York Exchange
Nearly 30 listed bonds reached new highs in today’s New York Stock Exchange session, led by rail issues. Treasury certificates traded up while domestic mortgage bonds held gains. Liberties were quiet. notable tops included Baltimore & Ohio refunding 5s and Missouri Pacific general 4s.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Rail
Treasury
Baltimore & Ohio
Erie
Missouri Pacific General
Ican
International Telephone
Reading and Iron
Public Service of
New Jersey
Foreign Exchange Markets Report for New York
On December 5 in New York the foreign exchange market showed strong demand for the pound and other currencies in dollars and cents. Cable rates quoted France 3/16 60 day bills at 3.9316 and Italy at 5.23 percent. German, Dutch, and Norwegian demands appeared at 13.99 23.92 and 40.32 respectively.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Germany
Norway
Local Investment Plans Review in Bluefield
In Bluefield West Virginia First National Bank Building area observers note a bid process by Hancock Investments including Appalachian Electric and Ciles Service. A market close on the 6th shows figures around 60.00 and 107.00 with references to Pocahontas of Union as a finance partner.
MENTIONED IN THIS ARTICLE
Bluefield
West Virginia
First National Bank
Goindnetts
Ces
Pocanontas of
Union
As¢ Finance
Appaischian Electric
Hough
Ciles
Norfolk
Great Lakes Sandusky
Ohio
Toledo
London
MOXY
AVON @ Co. Ltd
Lime Street
Lseden
England
Kheeste Agen’s
Italy
Henry Cor
Clerci, Piast
Matt G. Eeatin
Pocahontas Fuel Co., Inc
Broadway
Data Fragments From a Global List
A string of country and place values appears, including percentages and numbers for Sweden Denmark Switzerland Greece Poland Czechoslovakia Jugoslavia Austria Romania Argentine Brazil Tokyo Bhanghai Mont real and more. The items resemble a mixed dataset or OCR noise without coherent context.
MENTIONED IN THIS ARTICLE
Sweden
Denmark
Switzerland
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Romania
Argentine
Brazil
Tokyo
Bhanghai
Montreal
Call Money Rates Steady In New York Market
Call money in New York on December 5 held steady at 4 percent for all day trading. Time loans showed 4 percent for 30 days and 60 to 90 days, with 4 percent for 4 to 6 months. Prime commercial paper remained at 5 percent. Bankers' acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Pittsburgh Produce Prices Mixed Across Apples Potatoes
Produce market report from Pittsburgh dated December 5 shows slow demand with varied apple prices across several varieties led by Rome beauties and Baldwins. Potatoes steady with No 1 sacks priced around 3.00 to 4.15 per unit, list includes Maine Green Mountains and New York Pennsylvania whites among others.
MENTIONED IN THIS ARTICLE
Pittsburgh
New York Baldwins
Hubbardstons
Rome Beauties
Virginia
West Virginia
York Imperials
Delicious
New York
Michigan
Ohio
Indiana
Maine
Green Mountains
Pennsylvania
Maine Green Mountains
Pennsyl
Poultry Prices and Receipts Reported in New York Market
New York market notes list varied poultry and wine color prices. Live poultry and broilers show express and fowls prices, with ducks and other categories quoted. Receipts total 8,106 with multiple grade ranges such as extra first and nearby hennery white in multiple locations.
MENTIONED IN THIS ARTICLE
New York
Henner Brown
Pacific Coast
Sugar Prices Hold Steady After Flat New York Trade
In New York on December 5 there were no raw sugar sales and prices stayed at 5.71 for spots duty paid. Futures moved within a narrow band with December to March sliding about 6 points and overall activity around 25,350 tons. Fine granulated sugar remained unchanged at 5.00.
MENTIONED IN THIS ARTICLE
New York
Pointe Beca
Flour News From New York Shows Barely Steady Trade
Flour markets in New York show barely steady trade as early reports come in from futures and cash markets, with traders awaiting clearer signals for price direction and demand.
MENTIONED IN THIS ARTICLE
New York
Butter Prices Steady to Firm on Top Scores in Chicago
Butter prices show firm to steady movement in Chicago trading with top scores listed and market notes on 98 score and 92 score as key markers. Price levels clustered around 40s to upper 30s with several scores and percentages cited in daily market report.
MENTIONED IN THIS ARTICLE
Chicago
Dry goods trade shows holiday strength in New York
Reports from New York on December 5 indicate renewed holiday business in dry goods stores while markets remain quiet overall. Raw silk prices fell again and cotton goods mills plan further production cuts through the year end.
MENTIONED IN THIS ARTICLE
New York
Grain Prices and Futures in Toledo Market
Toledo market report lists Wheat No 2 red at 1.00 to 1.08 range, Corn No 2 yellow 0.9944 to 1.00, Oats No 2 white old and new at 0.64 to 0.65, Rye No 2 1.08, Cloverseed cash and futures with December at 11.20 and 11.60, January 11.80, February 11.45, March 11.60, Timothy cash and Dec 3.15.
MENTIONED IN THIS ARTICLE
Toledo
T.mothy
Cash
Hew
Wheat Prices Slip on Argentine Surplus Outlook
Chicago wheat futures sag nearly 6 cents as British forecasts of a 60,000 bushel Argentine export surplus spark selling. A top Chicago firm estimated North America alone could meet world wheat needs and yet hold 200,000,000 bushels for July 1. Wheat closed about 2 to 2.5 percent lower.
MENTIONED IN THIS ARTICLE
Chicago
North America
Argentina
Grain market slips with corn down fractionals
Per bushel lower than yesterday's finish corn closed five-eighths and three-fourths cent down oats fell three-fourths to one cent, while provisions were unchanged for a setback of seventeen cents.
Chicago Livestock Market Prices Report
Hogs 60,000 head with direct sales 13,000. most bids 15 to 25 cents lower. top 9.30 for 250-290 lb loads. Cattle 9,000 head. calves 2,900. trade slow and uneven. heifers and steers varying. cows 5.75 to 10.50. bulls 6.75 to 9.25. vealers 10.56 to 17.00. Sheep 14,000 head. fat lambs 13.25 to 13.60. feeder lambs 11.75 to 12.76.
MENTIONED IN THIS ARTICLE
Chicago
Pittsburgh Livestock Markets Report Dec 5 Hogs Cattle Sheep Prices
Pittsburgh livestock market notes slow hog trade at 250 to 450 and various weights, with butchers and packing sows quoted. Cattle prices show steers heavies 12.00 to 12.50 and calves, veal, and milk fed categories listed. Sheep activity fair to steady with prices for good to common quality and spring lambs also given.
MENTIONED IN THIS ARTICLE
Pittsburgh
True Delight circle 649 meets at Cecil Richards home
Officers and members are urged to meet at 4 o clock this afternoon at 222 Ellis Street to discuss business. Mise Ardella Richards presides. Also Talent Night at Genoa gym at 7:30 promises prizes for best performer, literary number, and musical number with judges listed. Public invited.
MENTIONED IN THIS ARTICLE
True Delight Circle No. 649
Cecil Richards
Ellis Street
Mise Ardella Richards
Genoa Gym
C. Tiffany
C. A. Rogers
William Frye
Funeral services for Mrs Heath at Tip Top Methodist
The funeral for Mrs Elisabeth Heath will be held today at 11 o clock in Tip Top Methodist Church. The Rev W F Hight of the Blaefield church will conduct the services. Mrs Heath died December 3 at her daughter's home.
MENTIONED IN THIS ARTICLE
Elisabeth Heath
Tip Top Methodist Church
W. F. Hight
John Stewart My
Blaefield
Baltimore Livestock Prices and Receipts Summary
Baltimore market receipts show cattle and hogs with varied price ranges. Steers top at 12.85, bulls 8.60, cows up to 8.00, heifers to 10.00, fresh cows 60 to 150, sheep 2.00 to 6.00, lambs 6.50 to 14.00, hogs from 7.25 to 10.15, light pigs 9.25 to 9.50, calves 7.00 to 17.00.
MENTIONED IN THIS ARTICLE
Baltimore
Owens Illinois Glass declares quarterly dividend and stock split
Preferred stockholders will receive a regular quarterly dividend of 1.59 dollars per share in January. Common stockholders get a 6 percent stock dividend. Total distribution, cash and stock, around 2.5 million dollars. Record date is December 16.
MENTIONED IN THIS ARTICLE
Toledo
Owens Illinois Glass Company
Tip Top Woman Dies at 94 in Virginia
Tip Top Virginia resident dies aged 94 with eleven children named including Dr. Henry Heath of Washington DC and Mrs. Julia Harmon of Tip Top. The obituary notes Belfast Mills in Russell County as residence and lists numerous relatives. Also mentions Mabel Miller ill at Church Street home.
MENTIONED IN THIS ARTICLE
Tip Top
Henry Heath
Washington, D. C
Julia Harmon
Jamie Cheatom
Freeman
W. Va
Eugene Heath
Cooper, W. Va
Milton Heath
Elkhorn
Heath
Belfast Mills
Rusell County
Misa
Mabel Miler
Church Street
Aga Khas Questions Wedding Publicity In France
In Aix les Bains on December 5, the wealthy Indian potentate and sportsman Aga Khas complained about the heavy publicity surrounding his forthcoming marriage to Andree Carron, a young French businesswoman. He said the coverage is childish and gave no indication of hiding his annoyance at reporters and photographers. The prince noted a Mohammedan religious ceremony will follow the civil marriage.
MENTIONED IN THIS ARTICLE
Aix-Les-Baines
France
Aga Khas
Andree Carron
Associated Press
Indians Columbus Found Are Sought In Bahamas
Three Rivers Michigan archaeologist George Fox plans a two month walk through the Bahama islands to locate traces of the Indians Columbus found in 1492. He aims to uncover village remains from the Spanish raid era where 49 000 Indians lived. Fox has previously studied Mayan ruins in Yucatan and is president of the Michigan Archaeological Society. Also noted is Mississippi cotton yields from 1923 to 1928 averaging 212 pounds per acre, up from 1919 to 1923.
MENTIONED IN THIS ARTICLE
Three Rivers
Mich
George Fox
Bahama Islands
Columbus
Fox
Michi Archeological Society
Yucatan
Mississippi
Brain growth theory links age to imagination and memory
Cleveland scientist T Wingate Todd reports to the Bi Foundation for the Betterment of Human Stock that brain growth may continue past 60. He notes different brain regions mature at different ages, with imagination peaking early, memory areas growing until 19, and the silent area showing potential expansion late in life.
MENTIONED IN THIS ARTICLE
Cleveland
T. Wingate Todd
BI Foundation For
Creation of Illusions Key to Radio Drama
Chicago December 5 Stimulating listeners to see in the plot what they want to see John Gishon WMAQ chief continuity writer defines radio drama as creating an illusion that relies entirely on sound Atmos n Andy blackface comics restrict studio access to announcer and musicians fearing the illusion would be lost if fans could see them broadcast
MENTIONED IN THIS ARTICLE
Chicago
John Gishon
WMAQ
Atmos
Andy
Prospector hunt for black manganese in Nevada
Prospectors in Tonopah and southern Nevada push into sage hills seeking black manganese after word that the United States Senate has placed a duty on manganese. The report notes renewed hope of fortune for the desert rats and confirmed prospectors.
MENTIONED IN THIS ARTICLE
Tonopah
Nevada
United States Senate
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