Market Hesitates Then Rallies On GE Split News
General Electric’s 4-for-1 stock split spurred fresh bullish sentiment on Wall Street, lifting leading issues as traders anticipated broader market expansion and higher dividends. GE climbed about 25 points to 257, closing at 254, with other stocks like U S Steel Allied Chemical Eastman Kodak and Du Pont rising several points while tobacco shares lagged.
MENTIONED IN THIS ARTICLE
New York
General Electric
Morgan
Wall Street
Julius H. Barnes
Hoover
Economic Council
Steel
Allied Chemical
Eastman Kodak
Whatinghouse Electric
du Pont
American Telephone
American Can
American and Foreign Power
Johns Manville
Chesapeake & Ohio
Commercial Solvents
American Smelting
Erie
International Harvester
Missouri Pacific
New York Central
Union Pacific
Bond market little changed as week ends. new highs seen
Demand for bonds softened with weekend approach yet the market held gains and produced nearly twenty new highs. Treasury financing of 825 million in certificates and 100 million in bills spurred broad gains in government issues while railroad bonds traded lightly and utilities remained dull.
MENTIONED IN THIS ARTICLE
New York
Treasury
Liggett & Myers Tobacco
Midvale Steel
United Biscuit of America
Wall Street Briefs From New York Market Roundup
U S business failures this week reached 455 with Dun data, on par with last year. U S November steel output hit 3 513 025 tons the lowest monthly rate this year capacity use 68.99 percent. Eleven month production totaled 51 268 079 tons versus 49 865 185 tons in 1928. New York produce exchange trading surged to 518 168 shares a yearly peak, surpassing 367 225 on Nov 28.
MENTIONED IN THIS ARTICLE
New York
United States
R. G. Dun & Co
American Iron and Steel Institute
New York Produce Exchange
Hancock Investments Displays Mixed Market Movements
Market notes from Bluefield West Virginia show activity at the First National Bank Building with bids and prices across several securities. Trades include Appalachian Electric Power and Cities Service stock movements and a mix of preferred and common shares.
MENTIONED IN THIS ARTICLE
Investments
Bluefield
West Virginia
First National Bank
Ns Industrial Build
Arkatural
Gery
Paranontas
Union Mortgage and Finance
Appaiechian Electric Power
Money market steady with firm time loans
New York reports call money steady at 4 percent all day. Time loans firm across 30 days to 6 months at 4 percent. Prime commercial paper quoted around 5 4 percent, bankers' acceptances firmer for 30 to 60 days and up to 90 days with rates about 4 3 percent to 4 percent.
MENTIONED IN THIS ARTICLE
New York
Foreign Exchange Rates Summary for December 6
Irregular foreign exchange report lists Great Britain at 4.87 to the dollar and 60 day bills on banks, with France 3.98, Italy 5.23, Belgium 13.99, Germany 23.92, Holland 40.31, Norway 26.79, Sweden 26.95, Denmark 26.81, Switzerland 19.43, Spain 13.96, Greece 1.29, Poland 11.25, Czechoslovakia 2.96, Jugoslavia 1.77, Austria 14.07, Romania 60, Argentina 41.56, Brazil 11.78, Tokyo 48.90, Shanghai 55.09 and Montreal 99.25.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Rumania
Argentine
Brazil
Tokyo
Shanghai
Montreal
Poultry and eggs market report from New York
New York market report dated December 6 shows flour prices steady and poultry listing dressed and live categories. Dressed poultry quiet, live poultry irregular with broilers by express at 25 33, fowls by express at 23 24. Eggs firm with receipts 9,289. mixed colors fresh gathered extra 60, extra first 56 58. nearby white pullets 43 46.
MENTIONED IN THIS ARTICLE
New York
Express
Butter Prices Steady on Top Scores in Chicago Trade
Butter prices hold steady on top scores with a few weaker lower grades. Trade remains slow as buyers show cautious demand. Fresh 93 score leads at 424% with 43 and 92 at 41, 90 at 40, 89 at 38 and 83 at 36 percent. Centralized 90 score appears at 40 and 89 at 39 percent.
MENTIONED IN THIS ARTICLE
Chicago
Sugar prices steady as market reports limited activity
Raw sugar in New York moved quietly with 12,000 bags sold for prompt shipment at 3.71. Futures held steady with final prices around 1.86 for December through 2.28 for December. demand for refined remained fair but limited to nearby needs.
MENTIONED IN THIS ARTICLE
New York
Pittsburgh Produce Prices and Demand Update
Pittsburgh on December 6 reports produce demand is slow. Apple car lots include New York Baldwins at 1.50 to 1.85 per bushel, Hubbardia and Rome beauties around 2.00, with Virginia and West Virginia Staymens 1.50 to 1.75. 57 carloads steady.
MENTIONED IN THIS ARTICLE
Pittsburgh
New York Baldwins
Hubbardatona
Rome
York Material Market Prices and Freight Notes
Market report lists commodities and car counts including onions potatoes and cabbages with varied regional pricing. It notes Michigan yellows Ohio Indiana yellows Maine Green Mountains Maine New York Pennsylvania whites and related sack counts and ton prices with steady or approximate trends.
MENTIONED IN THIS ARTICLE
York
New York
Michigan
Ohio
Indiana
Maine Green Mountains
Pennsylvania
Baltimore Livestock Prices and Receipts Report
Baltimore stock market ledger lists cattle receipts at 1,500 with ranges for steers bulls cows heifers fresh cows and springers plus sheep lambs hogs and calves. Prices span from 2.00 to 150.00 for various categories with lights heavies mediums and roughs noted.
Toledo Grain Prices and December Wheat Figures
Toledo market notes list wheat at No 2 red 1.344 to 1.35 percent change, corn yellow 944 to 95 percent, rye No 2 1.09, alsike bids 10.70 cash 10.85 March, timothy bids 3.00 cash 3.20 December 3.20 March, with incomplete December data for some entries.
MENTIONED IN THIS ARTICLE
Toledo
Alsike
oSimothy
Chicago Grain Markets Rally On Wheat Demand
Chicago wheat values gained as European demand broadened for U S wheat. Domestic Western stocks may shift to Eastern port shipments, leaving quotations unsettled but up about a half to one cent a bushel. Corn advanced half to three quarters, other prices mixed in final trading.
MENTIONED IN THIS ARTICLE
Chicago
United States
West
Chicago Livestock Market Report Dec 6
Hogs total 43 000 with 22 000 direct a steady to strong market. Best hogs over 180 pounds. Cattle 2 000 and calves 1 000 with dull action. steers 1300-1500 pounds 12.25-14.50, yearlings 12.25-16.00, heifers 12.25-15.00, cows 5.75-10.50, stockers 8.00-11.00. Sheep 13 000, market steady. fat lambs 13.00-13.25, tops 13.60, ewes 6.00-6.50.
MENTIONED IN THIS ARTICLE
Chicago
Quotable Lamb Market Rates Listed for Various Grades
The report shows steady to good demand for lambs with bids across multiple grades. Prices include 92 head at down 12.65 to 13.65 for medium and 11.26 to 12.65 for others, plus 150 percent down cull and feeder categories ranging 2.50 to 12.75 per unit.
Pittsburgh Livestock Market Report Dec 6 Hogs and Cattle Prices
Pittsburgh Livestock reports fair hog activity with prices mostly down by about 20 cents across weight classes. Cattle ranges show steady to mixed values with heifers and cows in the 7.50 to 12.50 per cwt area and calves up to 18.00 for top dealers as milk fed and medium choices price firm or higher.
Mediator Studies Facts in Erie B R T Dispute
New York December 6 The U S board of mediation official G Wallace W Hangar said after two talks with Erie railroad officials and the Brotherhood of Railway Trainmen that sessions would continue until he knows the facts enough to propose a settlement. Officials indicated the issue centers on grievance tribunal authority rather than wages or conditions.
MENTIONED IN THIS ARTICLE
New York
G. Wallace W. Hangar
United States Board of Mediation
Erie Railroad
Road
Brotherhood of
Eric Offi Cala
Religious notices fill Christmas season with services in Princeton
The piece lists church events in Princeton West Virginia including Wilson Street pastor W R Frye and Rev W L Ewing evangelist preaching each night starting December 8 at the early Christian church. It notes Bible school, youth meetings, missionary meals, and a community campaign with sermons by visiting ministers and local pastors. A Forest coyotes hunter story closes the item.
MENTIONED IN THIS ARTICLE
Early Christian Church (Apostolic
Princeton
W. Va
W. L. Ewing
Winston-Salem
N. C
Masonic Hall
James Monte
M. L. Glenn
Bible School
C. B. Hubbard
Market Report Summary of Livestock Prices
Readable segments show prices for cattle sheep and lambs with terms such as good choice, medium, cull common and aged wethers. Amounts range from 2.50 to 18.00 per unit with various weights noted and totals around 120 to 220 tons.
Court Schedules Cases for Review
Charleston West Virginia reports the state supreme court of appeals will review eighty three cases in the January term opening January 8. The docket lists circuits represented, including the Sixth and Eighth, with particular cases from Raleigh Greenbrier Mercer McDowell and Mingo counties. The schedule shows dates January 14 February 4 and February 11 for various appeals and original jurisdiction matters.
MENTIONED IN THIS ARTICLE
Charleston
W. Va
State Supreme Court of Appeals
Purevant
Circuit Court
Wood
Wirt
Grant
Mineral
Tucker
Berkeley
Jefferson
Morgan
Cabell
Lincoln
Putnam
Eighth Circuit
Mingo
McDowell
Tenth Circuit
Boone
Raleigh
Sumners
Mike Vargo
William Cochrane
Louis J. Fink
E. Clyde Scott
Eleventh Circuit
Greenbrier
Monroe
Pocahontas
Janu
West Virginia
A. D. Williams
Mike F. Bixler Co
L. L. Dunsmore
Monroe County
Ninth Circuit
Mercer
Wyoming Counties
Frank Noce
C. C. Ritchie
Wyoming County
Maude Howell
Dr. J. F. Ert
Laura W. Baker
G. N. Wright
Mercer County
Dave Sheppard
Meridian Insurance Company
Ira P. Stewart
W. P. Tams
MeeDowell
Steve Toro
Joe Shilling
McDowell County
Beech Fork Coal Company
The
Pocahontas Corporation
State of
Frank Bowles
State of Weat
Cleveland Atwell
B. L. Damron
Ira Webb Construction Company
Williamson Construction and Engineering
Mingo County
Shein
Norfolk and Western Ralway Company
Malvina Waller
Norfolk and Western Railway Company
Commercial Investment Trust
Hattie Lee Browning
William David Shirley
Verana Norfolk and Western Railway Company
Assessment reduction plea denied by court
Clarksburg December 6. Godfrey L. Cabot of Boston filed petitions seeking reassessment of duties set by the state board of public works for 1926 and 1927. Judge Birk Stathers denied the petitions. The requested reductions were $74,391 for 1926 and $200,230 for 1927.
MENTIONED IN THIS ARTICLE
Clarksburg
Godfrey L. Cabot
Boston
Maes
Dlec
State Board of Public Works
Birk
Stathers
Also Mentioned on This Page
Associated Press
Allied C and
Telmo
Brig Mfg O
Chicano TV
Tree
Col
Werner
DuPont
General Motors
Hudson Motor
Johns-Manville
Kennecott
Ait Owens Packard
Pitsburg
Radio Corp
Tobacco Teen
Ceenee Ee Renee
Texas Corp
Texas
Maryland
Weetinghouse Alr
Weetinghouse
Willys Overtend
Ee Woolworth
Gorth
BY Ahern
Santa Claus
Black -Face
Santa
North -Pole
Wall Street Briefs
B. Hancock
Dec
Baltimore Livestock
Baltimore
Toledo Grain
Chigaco Grain
Chicago Livestock
Pittsburgh Livestock
Erie-B. R. T
News OF the Colored People
Emmanuel Baptist
United Holy Church
San Francisco
Golden Gate Park
State Supreme Tribunal
Lease i. Mann
James Kinood Jones
Mgr. O. . Alexander
AL McHride
Mar Sales
Rh. L. Wallace
R Hewthorne
Tearastary Pocahontas Fuel Company
Tidewater
Great Lakes
Pocahontas Fuel Company. Incorporated
Were
Atheran
Therma
Vial Pocahontas
Pocahontas Puel Company, Incorporated
Wirginia
Grondaane
Main St
Mae
Idea of Trade
Cincinnati
Traction By Land
Maine
Moulton
Sac
Virginia
Hillman Street
Opera
Atlantic Coast
Cambert's
Sere Point
Norfolk
Newport
Tuge
City Piers
London
Moxey, Ae Ve Usd
Henry Cor & Ae
Aim S. Matteo
Geneva
Pocahontas Fuel Co., Inc
Broadway
N. Y
Ocahontas
Watkines
Scott
Western Union
Lieber’s
Boots
BY Martin
Horace
Wien
Henrietta
Tom Carr
Tom
Sidney Smith
Carr
Scooge
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