Market Averages Hit New High as Oil Shares Lead
New York December 28 strength in oil stocks spurred a broad market rise with the twenty leading industrials average reached a fresh peak. Pacific Oil and Union Oil of California led gains with several rails and motor firms posting record prices, while high turnover above 2,000,000 shares reflected renewed investor optimism after the Christmas holiday.
MENTIONED IN THIS ARTICLE
New York
Standards Company of California
Pacific Ol
Hudson Motor Car Company
Satu
India
Pacific Oil
Petroleum
Evarine
Union Oil of
California
California Petroleum
General Asphalt
General Petroleum
Houston
Associated Oil
New York Central
Atchison
Chicago
Northwestern
Omaha
Wall Street closes mixed as rail shares edge up
Major rail stocks show modest gains with Delaware and Hudson and Illinois Central among leaders. Industrials and specialties hover near gains as profits fade in late trading. Hudson Railway climbs to 110% after a brief 114% peak while Mack Trucks slips from 224 to 218 before settling at 219% on the day.
MENTIONED IN THIS ARTICLE
Delaware and Hudson
Urie
Pere Marquette
Reading
Frisco
Southern Pacific
Texas and Pacific
Union Pacific
American Smelting
Burns Brothers A and B
Continental Can
Devoe & Reynollie
Federal Mining and Smelting
General Cigar
Loose Wires Biscuit
National Kommeling
National Tea
Postum Cereal
Standard Milling
Twin City
Hudson
Mack Trucks
Bond market ends year firm with holiday volume rise
New York reports expanding activity and firm prices as bond trading enters the year's final lap. Higher oil issue buying from merger talk supports averages while Norfolk and Western 6s rise and Chesapeake and Ohio slips. Archibald generals and Delaware and Hudson remain firm amid high-grade issues. German Rentenbank loan rumors spark temporary activity.
MENTIONED IN THIS ARTICLE
New York
Pacific Coast
Norfolk and Western
Chesapeake and Ohio
Archieon
Delaware and Hudson
Rentenbank
Belding- Heminway Silk Merrer
Government Bonds in New York Close Mixed
United States bonds ended trading with Liberty 6s at 99.20 and 99.48 for the first issue. Treasury 4 1/2s at 102.28 and 4s at 100.18. Other issues quoted include second 4s at 101.23, third 4s at 100.26, and fourth 4s at 101.30. Treasury 4 1/2s at 106.9.
MENTIONED IN THIS ARTICLE
New York
United States
Liberty
Treasury
Call Money Market Report for New York
Call money was strong with a high and closing bid at 6 percent. Time loans remained steady with mixed collateral for 60 to 90 days at 4 and 5 percent and 4 to 6 months at 4 and 5 percent. prime mercantile paper around 4 percent. call loans against acceptances at 4 percent.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Foreign exchange quotes from New York market
The New York foreign exchange market lists British pound at 4.84 11/16 dollars in demand and 4.853/16 on cables. France shows 3.69 percent demand with 3.7 percent on cables, Italy at 4.03 percent, and Belgium at 4.55 percent with Germany cutoff.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Germany
Exchange rate fragment with country values and cities
A list-like entry shows country names and numeric values such as 23.80 for Holland 40.15 for Norway 20.29 for Sweden 26.84 for Denmark 24.78 for Switzerland 19.55 for Spain 4.13 for Greece 1.29 for Poland 11.00 for Czzecho- Slovakia 296 for Jugo-Slavia 1.77 14 for Austria 46% for Rumania 41.37 for Argentina 14.25 for Bragil 434 for Tokio 77% for Shanghai Montreal 15/16.
MENTIONED IN THIS ARTICLE
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czzecho- Slovakia
Jugo-Slavia
Austria
Rumania
Argentina
Bragil
Tokio
Shanghai
Montreal
Livestock Prices Edge Higher in Chicago Dealers Market
Cattle receipts 23 000 with fed steers weak after a sharp decline last Thursday. Heavies best around 11 00 while yearlings near 10 75. Hogs receipts 52 000 slow but 25 cents higher with 180 to 210 pound cuts largely 11 85 to 12 10. Sheep receipts 17 000 up about 25 cents with fat lambs 16 25 to 16 75 and yearlings to 14 25. Shippers moved 20 000. holdover about 14 000 across species.
MENTIONED IN THIS ARTICLE
Chicago
Wheat Markets Fall After Pi-Heavy Selling
Chicago wheat prices reversed as profits were realized amid a 2 729 000 bushel rise in U S visible supply. December and May contracts closed at about 1.78 1 78 per bushel while corn and oats moved modestly lower. Fresh buying supported by Buenos Aires strength and rain in Argentina contrasted with traders growing wary after a sharp recent rally.
MENTIONED IN THIS ARTICLE
Chicago
United States
Buenos Aires
Argentina
Grain futures prices and bids in Toledo seed market
Seed prices reported in Toledo show Wheat cash at 1.95 to 1.94, Clover domestic bids 18.75 for December and January and 14.50 for December to March, Alsike December 16.00 and March 16.25, Timothy cash and December 3.77% and March 3.87% bid.
MENTIONED IN THIS ARTICLE
Toledo
Dee
Timothy
Poultry Price Report From New York Market
Live poultry firm with turkeys by express quoted at 36 to 40 cents. Dressed poultry steady to firm with chickens fresh 26 to 34 cents per pound and frozen 26 to 48 cents. Fowls 18 to 35 cents, old roosters 16 to 24 cents. Turkeys fresh western spring 43 to 52 cents, southern 43 to 50 cents, southwestern 44 to 55 cents.
MENTIONED IN THIS ARTICLE
New York
Express
Southwestern
Butter Prices Advance on Active Demand
Chicago markets report butter prices rose under active demand with buyers driving gains. Traders note continued strength as processors seek supplies and dairy producers adjust offerings.
MENTIONED IN THIS ARTICLE
Chicago
Market notes on grade supplies and prices
Supplies were light but sufficient while trading remained quiet. Market zones held steady with centralized markets stable and slow demand and movement. Scores given include S2 48c, S1 47c, D0 46c, and S8 4tgc.
Sugar Prices Steady as Cuban Sugar Arrives for Load
Raw sugar rose 1/32 cent with 20,000 bars of Cuban sugar for immediate loading at 4.14 duty paid. The market firmed, futures closing 2 to 3 points higher with January at 2.56 and July at 2.67. Refined sugar steady with stronger inquiry at 6.00 to 5.50 for refined granulated.
MENTIONED IN THIS ARTICLE
New York
Cotton goods market gains strength in New York trade
In New York on December 28 a strong cotton market boosted firmness in cotton goods. Trade was quiet and expected to stay subdued until after the holidays with burlaps noted among goods in demand.
MENTIONED IN THIS ARTICLE
New York
Silk markets rise as raw silk gains on demand
Markets show stronger tone with raw silk up 10 to 26 cents a pound as interest in silk fabrics increases for spring. Wool prices hold with no rete line changes, while winter cloaks and suits go on clearance earlier than usual.
Wall Street Notes and Corporate Moves From December
Wall Street briefer notes $25 million in bank loans to cover withdrawals, year end settlements and a 6 percent call funds rate. Federal reserve withdrawals follow. Tidbits include Benson’s resignation from Tidewater Oil chair, Vanderhoef elected VP, Falion named secretary, and new directors at Rickenbacker and Corona L C Smith merger approved. Packard reports quarterly profit of $4.79 million, Corona merges with L C Smith, L C Smith to be formed, American Tank Car leases to Mexican National, Jell O merger with Postum stock issuance, Pacific Mail lowers capital, Southern Railway 1925 eleven months surplus $19.646 million.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Southern Railway
Chrysler to Delist Old Stock as New Shares Open
Old common stock of the Chrysler tron will be stricken from the New York Stock Exchange list on January 7 when trading in the new stock is expected to begin on the big board. The move accompanies other corporate actions cited in the report.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
New York
Elephant Attack Delays Two Keepers After Arrival
Two keepers were rushed by a young enraged elephant shortly after it was unloaded from a boat here. The animal cornered one keeper against a wall, prompting a rapid response from staff and authorities.
Avery Beast Quelled After Aggressive Attack
A violent incident at the Avery location left a man injured after being chased and assaulted. Responders and bystanders intervened to subdue the aggressor and prevent further harm.
Also Mentioned on This Page
Indus
Enklasses der
Allied Chemical and Dye
Eve
American Car and Woundry
American Locomotiv
American Tel
Eer
Saa American CO
Sieseve
Atehiasen
Atlantic Canaty Line
Ssdadee Sveeenae
Caldwin Locomotive
Ceeeerrre
Haltimere
Ohio
Saseeceeeees Seihethiehem Stee
Cereeres
Vaciik Osods
Ponterens Oveses
Cerro de
Chandler Motor
Mil
St. Paul
Dodge Roe
Ay du Pont de Nemours
Vmirie Railroad
Os Yewdees
Fisk Rubber
Soeerseee Foundation
Esceeneee
Kennecott
Holy Lahigh Valley
Louteville
Nashville
Mack Passeas
Mi4
Aedal and Terre
al Tesours Pacific
Oy Montgomery
W. Ward Sot National Lead
N.Y. N
Essce
Iron and Bteel
St. Louis
San Francisco
Beare Biebck
Consolidated Om
Texas
AA Pacific
Ceseches Ss BF
Nenree United Cigar Stores
United States Cast Iron Pipe
United States Industrial Alcohol
Uv States Rubber
Patrick Henry
Virginia
Roanoke
Neautifel
Lincoln
D. A. Garrett
S. C. Slaven
J. G. Ridinger
Bluefield, W. VA
Coal Property
C. B. Hancock
Bluefield, W.va
Fett National Bank
Merican Coal Valley
Tien
Killarney
Asket
Ing Hardwart Co
Ton CO
Bluefield
Mast
Bristol
Lyjuchburg
Cincinnati
Colusaere
Portsmouth
the Commercial Bank of
Bernard McClaugherty
W. GC. Given
Bluefield Trust CO
Arigthas
By Ahern
Wen
Mon
Gov't Bonds
Wall Street Briefs
Treasury Department
Federal Reserve
New York District
Robert D. Benson
Tidewater Oil Company
F. Bailey Vanderhoef
Francis J. Falion
A. G. Boose
William (. Jackson
Noyes & Jackson
Rickenbacker Motor Car Company
Packard Motor Car Company
Corona Typewriter Company
L. C. Smith & Brothers Typewriter, Inc
Ford, Bacon & Davis, Inc
L. C. Smith and Corona Typewriters. Inc
General American Tank Car Corporation
Mexican National Railways
Jell-O Company
Postum
Jell-O
Pacific Mail Steamship Company
Albany
Colbert
Buick
Buick Motor Company
Flint, Michigan
General Motors Corporation
Morton Motor Company
Raleigh Street
Marcus Hook
Pure Oil Company
C. B. Ames
Texas Company
W. W. Bruce
Harry T. Klein
Lago Oil and Transport Corporation
Lago Petroleum Corporation
Laco Petroleum
Berea
Inst National Bank
W.va
Community Loan CO
Bland St
Isaac T. Mann James Elwood Jones
Thomas F. Ferret
A. J. McBride
I. R. Hawthorne
C. L. Alexander
Pocahontas Fuel Company
Pocahontas
Pocahontas Coal Field
Rat
Tidewater
Great Lakes
Ef OG
Pocahontas Uel Company Incorporated
we FC _Registeres Sienal
Famptea Rena
Flrat
Ahontas Fuel Company, Incorporated
Broadway
Norfolk
Main
Moston
Mass
Board of Trade
Traction
Portland
Maine
Newporters
City Pliers
Sandusky
London
Moxey, Savon & Co., Ltd
Lime Street Square
E. C
England
Henry Cor & Clprcl
Piazza & Matteo
Pocahontas Fuel Co., Inc
N. Y
Wetkins, Scott's
Freckles
Greta
Sandy Claus
Sear
Bivesser
Olnes
Nell
Popa
Momma
Castor
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