Stock rally driven by stimulus and dividends boost market
New York stocks rose briskly as lower money rates and higher dividends lifted demand. Atchison and American Smelting and Refining led gains with 1 to 6 point increases. New York Central touched a 15 year high before retreating. Bethlehem, U S Steel, Reading, Union Pacific, Southern Railway and others posted notable advances amid broader market strength.
MENTIONED IN THIS ARTICLE
New York
Atchison Railroad
American Smelting and Refining Company
New York Central
Lehigh Valley
Missouri Pacific
Norfolk and Western
Reading
Southern Pacific
Union Pacific
Southern Railway
St. Paul
Denver
Rio Grande and Western
Louisville
American Car and Foundry
Brok
General Electric
Sears Roebuck
Universal Pipe
U. S. Cast Iron Pipe
Assoiated Dry Goods
Atlantic Refining
Brooklyn Edison
Fisher Pody
Vir ' Iron
Creel and Coke
Westinghouse Air Brake
Punta Alertesuear
Atchison
American Can
American Can and Foundry
American Locomotive
American Ne
Ataicnal
Baldwin Cisney Ic
Baltimore and Ohio Central
Geere Ge
Chesapeake and Ohio
Canadian Pacific
Cuba
Davidson Chemical
Ometeeckes Ae du Pont de Nemours
Ansaves Seteces Besvtien
Famous Players Lasky
General Asphalt
Eebeeeses
Cesceseere
General Motormove
Great Northern Preferses
Ceuiweedee
Gulf States
Houston
Hudson Motors
Ee International Harvester
Fe Int
Merchant Mar
Invincible OU
Kelly-Sprield
San Francisco
Sionwt
Seaboard Air Line
Northwestern
Chi. i
Babe
Chicago
RK. I. and
Pacific
Upper
Kennecott
Nashville Rock
Cesecsas Avisese
Matland Ol
Maxwell Effers
Mexican Seaboard
Senate
Missouri
Kansas
Texas
Montgomery Ward
National Biscuit
National Lead
N. Y
N. H
Hartford
Sinclair Consolidated
Sloss-Sheffield Steel
Bond market shows firm tone as funds rise and prices gain
New York bonds firm as call funds retreat to three percent and time money offered at lower rates. buy orders rise across high grade and speculative liens. Railroads rally on anticipated February refunding decision with six issues up one to two points including Iowa Central 5s and Minneapolis and St. Louis 5s.
MENTIONED IN THIS ARTICLE
New York
St. Paul
Debt market nudges higher amid sugar issues and iron loan news
Bonds rose sharply with cent bonds advancing 138 points while Eastern Cuba and Manati sugar issues firmed in sympathy. Copper prices recovered over five points from yesterday, and attention turned to a $12 million loan for August Thyssen Iron Works as negotiations near completion amid higher state and municipal issues.
MENTIONED IN THIS ARTICLE
Cuba
Manati
Vagina Copper
Sugar market eases on larger offerings and lower futures
The raw sugar market declined as offerings rose and 15 000 bags of Cusan sold for prompt delivery at 4.59 cents. Bearish European crop news and spot market pressure pushed futures down with January to July prices mostly lower. Refined sugar remained easy, down about sixty points, while the broad list stayed varied.
MENTIONED IN THIS ARTICLE
New York
Refiners Hold Fast at 6.50 on Prompt Granulated Shipment
Demand remained tight as refiners quoted 6.50 for prompt granulated product with one refiner offering 6.25 for shipments after January 12. Nearly all refiners were accepting business at 6.50 with futures acting nominal.
Dry goods market quiet with minor price easing reported
Cotton goods were quiet with slight price easing on some print cloths and sheetings. Burlap markets steady with weaker prices in Calcutta. Wool goods quiet as buyers resist higher prices. Raw silk firm with crepes in plain shades and printed effects in demand.
MENTIONED IN THIS ARTICLE
New York
Calcutta
Wheat Prices Rise on Strong Export Demand from Europe
Chicago grain market reports a rally as broader export and milling demand lift wheat. About 2,000,000 bushels of mostly domestic wheat were booked for shipment to Europe. May futures rise to $1.77 7-8 and July to $1.54 3-8, with corn and oats also advancing.
MENTIONED IN THIS ARTICLE
Chicago
Europe
Dairy Market Report from New York Trade Desks
Butter unsettled creamery higher than expected 43 1 2 to 44 cents with extras 92 score at 43 cents. Butter fats 8 to 91 score 38 cents. Eggs steady to firm. Pacific coast whites extras 66 1 2 to 67 cents. Cheese and flour markets firm.
MENTIONED IN THIS ARTICLE
New York
Pacific Coast
Poultry Prices and Train Freight Rates Quoted
New York January 6 reports show live poultry irregularities with chickens sold at 28 to 30 cents by express and fowls colored by freight at 35 cents. The text indicates variable rates and brisk movement by express delivery.
MENTIONED IN THIS ARTICLE
New York
Express
Poultry Prices Mixed by Market and Grade
Prices listed for dressed poultry and fowls across categories including leghorns by freight and express, and western and south western turkey lines. Frozen items show varied quotations with cents per unit.
MENTIONED IN THIS ARTICLE
Freight
Express
Western
Southwestern
Livestock market report from Chicago recalls mixed cattle and hog trends
Cattle receipts 16,000 with beef steers and yearlings up 15 cents, better grades steady or softer, bulls weak to 25 lower, calves steady while stockers higher. Hogs receipts 76,000 with prices 15 to 25 cents lower, light weights hardest hit, top at 10.95 and various weights trading around 10.00 to 10.75 themes.
MENTIONED IN THIS ARTICLE
Chicago
Market Report Sheep and Lamb Quotes Improve
The market shows tighter supplies with fat lambs 50 to 75 cents higher and bulk prices from 17.50 to 18.25, top 18.50. Fall clipped lambs around 14.50, fat sheep up 25 cents, bulk ewes 8.50 to 9.75, feeding lambs strong with most sales 16.00 to 16.50.
Speculators Force Advance In New York Market Rally
Speculators regained control of the New York stock market with a brisk rally led by railroad shares as the average rose to a seven year high. Volume reached about four million shares after yesterday’s shakeout and reduced call money rates. Improved technical position followed dividend increases by Atchison and American Smelting and Refining, plus Punta Alegre Sugar common payments.
MENTIONED IN THIS ARTICLE
Vertible
Reading General
Punta Alegre
New Yor
Atchison and American Smelting and Refining Company
Punta Alegre Sugar Company
Stocks Rally on Smaloyes Shares as Dividend News Hits
Smaloyes shares climbed to 124.25 on the floor, the highest in fifteen years, then closed at 128 1 2, up 13 4 points for the day. Atchison rose to 122 but slipped to 119 5 8 after profit ratings shifted following dividend action news.
MENTIONED IN THIS ARTICLE
Sts Smaloyes
Stock Exchange
Atchison
Grain prices and bids in Toledo market report
Wheat cash 1.91 1.92, cloverseed cash and new and January 19.50 February 19.60 March 19.60 bid. Alsike cash old 13.10 new and Jan 1328 March 513.25 March 13.45 asked. Timothy cash and Jan 3.55 March 3.45.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Timothy
Hearing on Application Big Dam Is Continued
The West Virginia Power Company’s request to build a hydro electric dam on the New River near Hinton was continued indefinitely by the Public Service Commission. The hearing, originally set for January 8, was postponed by agreement of counsel for both the applicant and the protestants.
MENTIONED IN THIS ARTICLE
Charleston
W. Va
Public Service Commission
West Virginia Power Company
New River
Hinton
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Cae
Iowa Central
International Great Northern Adjustment
Erie
Minneapolis and St. Louis
Norfolk and Western Con
Bluefield
Virginia
Bluefield Trust Co
Iife Westen
East Radford
East Hadford
Bristol
Norfolk
Lynchburg
Philadelphia
Hagerstown
Roanoke
Shenanp
Williamson
Kenova
Cincinnati
Columbus
Jumbus
Cincinnat
Gleeper
Portamouth
Gary
Welch
Norton
W. J. Wiley
Coal Property
Bluefield, W. VA
First National Bank
Appalachian Power
Eenenee Blackwood Lumber and Ar. R. Co
Jontly
Peteld Trust Co
Aware ‘Co
Bre Valley Puel Co
Freckles
Blosser
Tag
Bloo
NEA Service Inc
Sarah Peabody
Holder — Newt Shes
Stovall
G. P. Stovall
First National Bank Building
West Ridge ST
Spring Street
Bowser Street
O. Lamb
D. E. French
R. L. Bailey
Secy-Treas
Essex Street
Penn-Mar Ave
View Avenue
Union Street
College Avenue
Giles Street
Lee Street
Bluefield Ave
Virginia Realty Co
Federal St
L. H. Layne
B. W. Dillon
Bluefield National Bank
Bluefield National
W.va
Advance Again
Isaac T. Mann
James Linco
A. J. McBride
Mgr
O. L. Alexander
D Jones
Thomas F. Farrel
H. R. Hawthorne
Ales
Pocahontas Fuel Company
Pocahontas
Tidewater
Great Lakes
United States
AL Ee Coal
Peel Company
Ana Ae Eae
Eewe
Lomarnete
Pocahontas Fuel Ees Incorporated
Broadway
Gr Ranch Geriins
Orfolk
Mass
Tade
Vic Muncinnati
Orton
Lambert's Point
Sewell’s Point
Newport Mews
City Pliers
Sandusky
London
Agfa
MOXEY
Bavon & Co, Ltd
Lime Street Square
FE. C
England
Italy
Henry Cor & Clerici
Piazza
Matteo
Geneva
Pocahontas Fuel Co., Inc
Pecahontas
Watkins
Scott
Western Union
Lieber’s