Stock Market Opens Year With Broad Strength Across Groups
New York Jan 2 The stock market started the new year with broad strength as rail and industrial averages rose to record highs. Volume exceeded 1.9 million shares with notable gains in American Bosch Magneto Radio Corp and numerous oils rails and motors. Several issues hit new highs while others advanced, aided by lower crude oil output and strong demand in automotive and utility stocks.
MENTIONED IN THIS ARTICLE
New York
Bosch Magneto
Jurn
American Car and Foundry
Westinghouse
American Bank Note
Atlantic
Gulf and West Indies Preferred
Butterick Publishing
Cluett Peabody
Pressed Steel Car
Twin City Rapid Transit
United Fruit
Barnsdall
Pan American
Atlantic Refining
Pecific
Houston
Jordan
Mack Trucks
Stewart-Warner
Stromberg
Ralls
Southwestern
Atchison, Baltimore and Ohio
Chesapeake and Ohio
Rock Island
Great Northern
Lehigh Valley
Missouri Pacific
Reading
Frisco
Southern Railway
Wabash
Wheeling
Lake Erie
Delaware and Hudson and Lackawan
Bond Market Opens New Year With Firm Tone
New York reports a firm bond market as the New Year starts with active trading. Public utility, semi speculative rail, and foreign government bonds rise, while irregularities in spy issues appear. French obligations rally on news that funding negotiations with the United States have begun.
MENTIONED IN THIS ARTICLE
New York
United States
Livestock Market Report for Chicago January First
Cattle receipts 7,000 with steer and yearling prices around 7.50 to 12.50 with selects at 10.25 and heifers 5.00 to 7.00. Hogs receipts 60,000 with top 11.10 and typical 10.60 to 11.00 for 200 to 210 pounds. Sheep 17,000 with fat lambs generally steady amid slow demand.
MENTIONED IN THIS ARTICLE
Chicago
New York Stocks Close. Mixed Gains across Major Firms
Trading across the Exchange shows Allied Chemical, American Car and Foundry, and American Sugar among notable movers. American Canes and Canadian Pacific also contribute to a broad board with varied percentages. several railroads and steel makers post modest gains while others lag.
MENTIONED IN THIS ARTICLE
New York
Allied Chemical and Dye
Cpises Som
American Canoes
Seewee Sbtr
American Car and Foundry
Amercan Tel
American Tobacco
Sc Hieds
American Water Works
Anaconda Copper
Atchison
Otvn
Cosassi Beh Dau Shonee
Atlantic Coast Line
Baldwin Locomotive
Baltimore and Ohio
Bethlehem Steel
Ccc
Euee
California Petroleum
Canadian Pacific
Wartade
Chandler Motor
Chesapeake and Ohio
Northwestern
St. Paul
Chicago
Caliarse
Cuba Cane Fe
Eas
Davison Chemical
Pont de Hemeure
Famous Players
General Asphalt
General Electric
General Motora
Great Northern Serred
Harvester
Vincibie
elly-Spri
Loulaville
Nashville DL
Mexican Motors
Mexican Seaboard
Missouri
Kansas
Texas
Missouri Pacific
Montgomery Ward
National Biscuit
Rew
Dea Kiaoaeeaen Ators Central
Veeves
Hartford
Vcapeceedels Gnae
Northern Pacific
Cigs
Vida
Pacific
Erces Oom Pan
American Petroleum
Pennsylvania
Cebatl, Oe Phila
Reading C
Phillips Petretouns
Trevreceeneee Stm Pure
Market Report Snaps Mixed Livestock Trends
Apparent weakness on lower grades with bulk bids around 16.50 to 17.25 and top at 17.50. Ewes at 115 pounds fetch 9.65, feeding lambs hold steady with bids from 11.15 to 16.0.
Sugar futures rise as demand steadies in Cuba trade
Raw sugar gains in futures while cash prices hold firm at 4.69 Cuban duty paid. Market notes United Kingdom inquiries for Cuban sugar and stronger granulated demand, with futures closing 3 to 8 points higher. Refined sugar remains at 6.75 to 7.10, with one refiner at 6.25 for January shipment.
MENTIONED IN THIS ARTICLE
New York
United Kingdom
Cuba
Dry goods markets steady as new year opens in New York
Dry goods markets opened quietly in New York with mail orders fair and prices generally firm. Cotton goods showed trading in gray cloths at unchanged prices while silk abroad remained holiday priced. burlaps and local wool markets stayed steady. Knit outerwear remains in demand as spring approaches and new fancy hosiery lines were sampled.
MENTIONED IN THIS ARTICLE
New York
Washington Briefs: Senate Bill Actions and Appointments
A senate committee reported a new postal rate bill while President Coolidge disposed of several judgeship appointments. The treasury began financing soldiers' bonds and Walter D. Van Riper was removed as assistant U.S. attorney for New Jersey. The budget bureau asked Congress for 100 million dollars to refund illegally collected federal taxes. The war department appropriation bill totaling 381 million was sent to the house. Senator Robinson demanded a tariff commission investigation. The senate appropriations committee released its first supply bill for post office and treasury. Coolidge reportedly opposes an international economic and armament conference. France noted formal note on Franco American war debt settlement.
MENTIONED IN THIS ARTICLE
Senate
Coolidge
Treasury
Walter D. van Riper
United States
New Jersey
Budget Bureau
Congress
War Department
House
Tariff Commission
Robinson
Arkansas
Senate Appropriations Committee
Post Office
Treasury Departments
Borah
Idaho
Washington
France
Treasury Bond Quote Fragments From Market Ticker
The report lists bids and asks for treasury notes with multiple four and one half point steps. It shows first and second four halves at 101.18 and 100.24 and other nearby figures including 101.25 and 100.22 with a 104.31 for treasury 4 1 2s.
MENTIONED IN THIS ARTICLE
S. Treasury
Treasury
Sharp Upturn of Prices on Wall Street Opens Year
New York January 2 Wall Street celebrated the New Year by a sharp upturn in prices on the New York Stock Exchange. The average rose to the highest level in history and nearly fifty individual issues surpassed their last year highs. Total traded activity reflected strong investor demand.
MENTIONED IN THIS ARTICLE
New York
Jan
Wall Street
New York Stock Exchange
Quiet Market for Top Scores in Central Car Trade
Buyers showed little interest in top scores while fair inquiry existed for 87 score cars, of which supply was limited. Centralized car market remained quiet after advances of half to 5 4e. Fresh 92 score, 42e, centralized 90 score 40 -de.
Market Rally After Tax Shakeup Forecasts
Trading ended with 86 000 shares of the 2 000 000 mark. The sharp rally surprised many as traders expected heavy year end selling by operators converting paper gains to cash for anticipated 1925 income tax cuts. Net declines of a point or more were limited and easy to count.
Real Estate Transfers Filed in County Court Clerk’s Office
Real estate transfers recorded include E. K. Bailey et al to Monte Vista Park Cemetery Association for 20.32 acres near Ceres for 10 dollars. E. W. Bel cher and wife to J. D. Daniel for 4.63 acres in Gladys Fork for 1 dollar. B. L. Early et al to Charles M. Linkous lot 11 section 1104 Bluefield for 1,500 dollars. J. A. Tabor and wife to Flat Top Insurance Agency lots 14 15 16 section 971 Bluefield for 5 dollars. James S. Kahle and wife to Pauline Lucas et al lot 50 section 886 Bluefield for 450 dollars. T. O J Wilson and wife to David H. Atwater lot 29 section 45 part lot 30 section 45 and lot 12.
MENTIONED IN THIS ARTICLE
E. K. Bailey
Monte Vista Park
Flat Top Insurance Agency
Bluefield
James S. Kahle
Pauline
Lucas
T. O'J. Wilson
David H. Atwater
Property transfers in Princeton and nearby areas
Section 503 Bluefield transfers list A B Shrewsberry and wife to R J Boles for lots 15 16 17 section 12 Roundhouse addition Princeton 800 BE C White to Ida B Karnes half interest in lot 5 section 9 Bee Reservation Princeton 1 Nancy Lambert and husband to E S Lurber 1 acre near Princeton 500 Ella M Gibson and husband to BE W Clark son lot near Ceres 1000 A J Fagg and husband to W C Plevins 12 7 acres Widemouth 1600
MENTIONED IN THIS ARTICLE
Bluefield
A. B. Shrewsberry
R. J. Boles
Roundhouse
Princeton
BE. C. White
Ida B. Karnes
Nancy Lambert
Lurber
Ella M. Gibson
BE. W. Clarkson
Seed price notes from Toledo market report
Wheat cash No 2 red quoted at 1.89 to 1.90 per bushel. Clover seed cash old 19.40 with new and Jan at 19.75, Feb and Mar 19.90. Alsike seed cash old 13.10 with new and Jan 13.25, Mar 13.50. Timothy seed cash and Jan 3.35, March 5.45.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Alsike
Timothy
Monkey’s reign of terror shocks Aberdeen court
Samuel Furneaux ordered to dispose of his pet monkey after it bit horses attacked girls wrecked three fruit staffs and broke seven windows. In Romford England nurses at Romford Hospital are forbidden to bob their hair.
MENTIONED IN THIS ARTICLE
Monkey
Aberdeen
Scotland
Samuel Furneaux
Romford, Eng
Romford Hospital
Liberty Bonds Close Quiet in New York Trading
United States Government bonds ended the session in New York with Liberty bonds at 31 1/2, reflecting a routine close in the domestic market. Traders noted modest demand and steady yields across issues.
MENTIONED IN THIS ARTICLE
New York
U. S
Liberty
Grain Prices Fall as Eastern-M linked Selling Intensifies
In Chicago on January 2, persistent selling by eastern connected houses pushed wheat down after an early rise. Argentine shipments totaling 2,276,000 bushels contributed to the weakness. May wheat at 1.76 1/2, July at 1.62 3/8. corn, oats, and provisions also declined or varied.
MENTIONED IN THIS ARTICLE
Chicago
Real bargains on six and seven room homes for sale
Today's Best Buys lists numerous six to eight room heated homes on streets including Highland Poplar Balsam Rogers Giles Lee Penn-Mar Union North Mercer and Federal St. All feature terms with cash down and monthly payments. Salesmen L H Layne and B W Dillon provide contact numbers 292 and 298.
MENTIONED IN THIS ARTICLE
Highland Avenue
Poplar Street
Balsam Street
Hale Addition
Rogers Street
Giles Street
Lee Street
Penn-Mar Avenue
Union Street
North Mercer Street
Federal St
L. H. Layne
B. W. Dillon
Butter Market Steady in Chicago Trade
Chicago dairy report shows butter prices holding steady with the day starting at 42 cents a pound for ninety two score stock. Trading remained largely unchanged as buyers and sellers kept to the near flat market.
MENTIONED IN THIS ARTICLE
Chicago
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Sears Roebuck
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International Great Northern
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First National Bank
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Ray Takine
Stanley
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Otey Walker
NEA Service
Bruno
Appy
Peng
Tala Ata
National Bank
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THE
Bluefield National
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Virginia Realty Loan Co., Realtors
Run
Aing
American Finance Company
F. O. Lamb
Bradmann Building
D. E. French
R. L. Bailey
Secy-Treas
Isaac Tf. Mann
Jamea Lnco
A. J. McBride
Mgr
O. L. Alexander
JEL Company
Pocahontas
Pocahontas Coal Field
Tidewater
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AL Pocahontas
Po@bontas Fuel Company Incorporated
Onal ‘Pratobert
Therma
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New Broadway
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Board of Tmée
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BK. C
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