Stock Market Opens New Year With Strong Broad Gains
New York January 2 markets opened the year with broad strength across groups. Rail and industrial averages rose, with the industrial index at record highs, and total turnover around 1.9 million shares. Notable gains included Radio Corp up 13, American Bosch Magneto near 19 points, and many issues from oils to railroads posting advances. Bond markets firmed as U S and European issues firmed, funding talks for French debt sparked rallies, and Pan American bonds hit new highs.
MENTIONED IN THIS ARTICLE
New York
Radio Corporation
American Car and Foundry
Electric Storage Battery
Weatinghouse
American Bank Note
Atlantic, Gulf and West, Indies Preferred
Butterick Publishing
Cluett Peabody
Pressed Steel Car
Twin City Rapid Transit
United Fruit
O l
Barnsdall
Pan American
Algo
Atlantic Refining
Peaitle Houston
Demoni Yaration
Jordan
Mack
Trucks
Stewart-Warner
Stromberg
Southwestern
Katty
Jersey Central
Atchison, Taltimore and Ohio
Chesapeake and Ohio
Rock Island Common
Great Northern
Lehigh Valley
Minsouri Pacific
Reading
Frisco
Southern Railway
Wabash
Wheeling
Lake Erie
Delaware and Hudson and Lackawanna
United States
Chicago Livestock Market Summary
Cattle receipts total around 7,000 with beef steers and yearlings steady. Top yearlings near 12.50, weightier steers around 10.25 to 10.35 with bulk sales 7.60. Hog receipts near 60,000 closing fully steady, top 11.40, weighty butchers 10.40 to 11.00, light 160 to 180 pounds around 10.00 to 10.46. Sheep receipts about 17,000 with fat lambs generally steady and some weakness noted.
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Chicago
Jan
New York Stock Prices Summary of Dull Trading
Daily closing list shows mixed movement across major issues including American Can American Tobacco Bethlehem Steel General Electric General Motors Union Pacific and Woolworth with notable gains for some rail and energy stocks amid overall thin volume and fluctuating bids. Several industrials and utilities posted fractional losses while finance and consumer goods names held steady or edged higher in a broad market snapshot.
MENTIONED IN THIS ARTICLE
New York
Anaconda Copper
Auantle Coast
Baldwin Locomotive
Bethlehem
California
Petroleu Central Eather
Chesapeake
Chicago
Bo TH. J
Pavitic
Chile
Sconperver
Colorado
Wuel
Congoleum
Gorn
Davison Chemical
Famouse
Playorg
General Electric
General Motors
Sleuton Mindig Central
Maer
Tavinelia
Kennecott Conner
Belilets Valley
Marland Ol
Missouri
Kansas
Montgomery Wardries National
Nashvil
Mexican Motora Missouri Pacific
National Lead
Norfolk and Western Pacific
Panmari Pannaylvant Phila
Pallttipa Petrolount
Reading
Republic Raat
Sears Roebuck
Sheffield Steel
Southern Pacific
Southern Railway
Standard Oil of
Califor Standard O
Jt Stewart Warner
Bludebaker
Texan Company Oo
Texas and Pacific Tobacco Products
Transcontinental
Union Pacific
United States
Panber
United Stataa Steel
Hale
Veatinghouse Electric
Wilya
Market Report on Livestock Prices and Lambs
Wos apparent on lower grades with bulls at 16.50 to 17.25 and top 17.40. Fat shear steady to strong with choice 114 nones at 9.60. Feeding lambs steady with bulls 11.15 to 16.00.
Sugar prices firm as demand steadies in New York market
Raw sugar held at 4.59 a ton for Cuban duty paid with buyers bidding 1-16 to 1-8 cent higher. UK inquiries for sugar noted. Cuba shows stronger granulated demand and a firmer sport market. Close gains 3 to 8 points with January at 2.38, March 2.88, May 3.00, July 3.18. Refined sugar unchanged at 6.75 to 7.10 for fine granulated prompt shipment. January 12 to 17 shipment listed at 6.25 by one refiner. Batter inquiry around 6.75 for prompt. Large manufacturers seeking supply one to twelve months ahead near 6.00 for fine granulated refined.
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New York
United Kingdom
Cuba
Atx
Dry goods markets steady as year opens in New York
New York dry goods markets opened quiet with small orders and steady prices. Gray cloth and burlap showed firmer or unchanged levels, silk abroad holiday markets lingered, wool quiet and steady, outerwear leather goods in demand for spring, and new hosiery lines sampled.
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New York
Grain market slips after early gains on canal demand
Wheat prices fell on January 2 with a sharp setback after houses with canal connections spurred initial gains. Argentine shipments totaling 2,270,000 bushels influenced the turn. May wheat at 1.76 1/2, July at 1.62 3/8, corn and oats declined, and provisions varied around 17 cents to 1 cent.
MENTIONED IN THIS ARTICLE
Chicago
T &Se
Butter Market Steady in Chicago Trade
The Chicago dairy market opened January 2 with steady to unchanged pricing. Ninety-two score butter traded near 42 cents early, while most transactions stayed around that level amid light demand and stable supplies.
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Chicago
Washington Briefs on Rates Finance and Appointments
A senate committee reported a new postal rate and President Coolidge moved to dispose of judgeships. The treasury began inward-finance measures for solicitors and Walter D P Van Riper was removed as assistant U S attorney for New Jersey. The budget bureau sought 10 million for refunds of federal fines collected. The War Department appropriation of 33 031 6 was sent to the house. Senator Robinson demanded an investigation of the tariff commission as the appropriations committee reported its first supply bill. Coolidge reportedly opposes an international economic and armament conference. France addressed a note formalizing steps toward settling the Franco American war debt.
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Senate
Coolidge
Treasury
Walter DP. van Riper
United States
New Jersey
Budget Bureau
Wegatty
War Department
House
Car Market Quiet After Score-Based Trading
Buyers showed little interest in top scores while inquiries for 87 score cars were fair. Supply was limited as the centralized market remained quiet after a halt to 3-4 cents. Fresh 92 score, 42e, centralized 0 score 40 3-4e.
Liberty Bonds in New York Close Mixed
New York January 2 reports U. Government bonds closing with a variance of about 12 points. Market activity shows fluctuations across issues as investors reassess debt offerings amid ongoing fiscal policy signals.
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New York
Real estate bargains on six room heated homes
Listings detail six to eight room homes on Highland Poplar Balsam Rogers Giles Lee Penn-Mar Union and North Mercer streets. Prices range from 4,000 to 19,500 with terms including cash down payments from 1,000 to 9,204 and monthly payments up to 50. Highlights include hot water heat hardwood floors and modern interiors in close in locations.
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Highland Avenue
Poplar Street
Balsam Street
Hale
Rogers Street
Giles Street
Lee Street
Styx
Penn-Mar Avenue
Union Street
North Mercer Street
Unclear Bid Notes From Treasury Data
A fragment lists mixed bid and quote figures: first 4s at 101.10, second 4s at 100.20, first 4 1-2s at 101.18, second 4 1-2s at 200.24, third A 12s at 1014, fourth 4 1-2s at 101.20, plus 0G, treasury 4 1-2s at 100.22 and treasury 4 2-2s at 104.81.
MENTIONED IN THIS ARTICLE
Treasury
Sharp Upturn of Prices Caps New Year on Wall Street
New York stock market opens the year with a sharp upturn on the Exchange. The Individual Average reaches a historic high as nearly fifty stocks trade above last year’s peaks, signaling strong demand at the start of 19. Total results show a brisk, optimistic session with broad gains across many issues.
MENTIONED IN THIS ARTICLE
New York
Wall Street
New York Stock Exchange
Sharp rally surprises traders amid tax shift fears
Trading closed with 86 000 shares amid a broader market rally as operators anticipated the year end and a likely tax cut in 1925. The day saw unclear selling, with declines in inactive issues limited and perceived demand absorbing the pressure. Real estate transfers filed in the county clerk’s office include multiple conveyances in Bluefield Princeton and nearby areas with nominal consideration figures.
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Ela Me
Ti. J. Barley
Monte Vista Park Cemetery Association
Selves
I. W. Belcher
J. J. Daniel
Gladys Fork
T. L. Barly
Charles M. Jinkous
Bluefield
J. A. Tabor
Flat Top Insurance Agency
James S. Kahle
Pauline
Lucas
Seed prices and a monkey reign of terror headline
SEED market notes Toledo Ohio January cash wheat and seed prices for clover old and new dates and Timothy seed shown. Aberdeen Scotland Samuel Fursineaux ordered to dispose of his pet monkey after biting horses attacking a group and causing property damage. Romford England nurses forbidden to bob their hair.
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Toledo
Ohio
Alsike
Timothy
Aberdeen
Scotland
Samuel Fursineaux
Monkey
Romford
Eng
Romford Hospital
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