Stock market surge pushes to new high amid heavy profit taking
A broad rally lifts stocks in New York with steel and rail shares leading gains despite sizable profit taking. Strong demand follows forecasts of higher pig iron output and a favorable US Steel quarterly report showing second quarter earnings at 624 221,000 compared with prior periods.
MENTIONED IN THIS ARTICLE
New York
United States Steel Corporation
Steel Common
Independent Steels
Midland Steel Products
Otis Steel
Atlantic Coast Line
Frisco
Norfolk and Southern
Katy
Seaboard Common
Western Pacific
White Motors
Ameri
Hancock Stocks Bonds and Coal Property Listing
An itemized record shows C. B. Hancock stocks and coal properties including Pocahontas Coal West Virginia Mortgage and Development Co. and Weet Virginia Mortgage and Company. Prices listed include 125.00 and 175.00 with a 115.00 entry for preferred shares.
MENTIONED IN THIS ARTICLE
C. B. Hancock
Racoma Coal Co
Development Co
Hardware Co
Pocahontas Coal West Virginia
Mortgage and Ae Corpora- Weet Virginia
Mort Nae
Aaadae and T Corporation
Bond Prices Edge Lower After Mixed Market Signals
New York July 28 Bond prices slipped to lower ground as speculation shifted away from long term credit. Despite rallies in several issues and a brisk stock turnover around two million shares, demand rose for Katy adjustment bonds amid improved earnings and news of a higher fall dividend for the Preferred. Bonds gained modestly in some segments and held most of their early gains by close.
MENTIONED IN THIS ARTICLE
New York
Fragmentary OCR list of company names and places
A garbled OCR fragment lists various American companies and locations such as Allied Chemical Anaconda Copper Coca Cola Pacific Coast lines and several state abbreviations. The text appears as a jumbled catalog without coherent events or narrative. Key entities include American Tobacco Water Works Woolen Foundry Union Pacific Coca Cola and Atlantic Coast Line.
MENTIONED IN THIS ARTICLE
Allied Chemical and
American and Foundry
Seabees
American
American Tobacco American Water Works
American Woolen
Atc Nison
Atlantic Coast Line
Jowin Baltimor
Union U
Northwestern
Mil
St. Paul
Chicago
R. I
Pacific
KR. I
Ohio
California
New Jersey
Bertereeees
St Industrial Alcohol
Market Notes on Ewes and Breeders Prices
Steady, bulk fat ewes range six to seven fifty with breeders at nine to ten. Bulk feeders remain unsold as buyers watch prices and supply in the livestock market.
Poultry Prices Move Quietly in New York Markets
Live r broilers by freight 22 28 and 23 30. Fowls by freight 22 26 and by express 21 25. Roosters by freight 16. Fresh chickens 28 35 and 21 32 for fowls. Frozen chickens 23 38. Overall poultry activity described as quiet and easy.
MENTIONED IN THIS ARTICLE
New York
Freight
Express
Market mood shifts as bonds rise and banks trim holdings
A mixed bond market shows a rise in twists between rail and high grade issues. Tokyo appears as a prospective foreign borrower while Denmark plans a public sale of 330 million 50 year external gold bonds led by Guaranty Trust NY with Dillon Read and Union Trust Pittsburgh.
MENTIONED IN THIS ARTICLE
Canadian Pacific Southern Way
Southern Pacific
Seaboard
Norfolk and Western
Great Northern
Chesapeake and Ohio
Tokyo
Kingdom of Denmark
Guaranty ‘Trust Company of
New York
Dillon Read and Company
Union Trust Company of
Pittsburgh
Foreign exchanges steady in New York markets
Foreign exchange rates in New York show steady demand with cents quotations for major currencies. British pound near 4.85 to 4.86, francs around 4.72 to 4.73, marks and lire listed with cables. Other currencies include Belgium, Germany, Norway, Sweden, Denmark, Spain and more with varying figures.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Swede
Denmark
Switzerland
Call Money Rates in New York on July 28
Call money steady with ruling rate 4 and closing bid 4. Offered at 4 1-4 with last loan 4. Call loans again acceptances 3 1-2. Time loans firm with mixed collateral 60-90 days 4 and 4-6 months 4 1-4. Prime commercial paper 3 3-4.
MENTIONED IN THIS ARTICLE
New York
Government Bonds Close Mixed in New York Markets
United States government bonds closed with Liberty 2 1-28 at 100.24 and various issues trading around par to premium. Second and first fours moved between 100.8 and 101.29, with Treasury 4s quoted near 102.28 and other issues around 106.20.
MENTIONED IN THIS ARTICLE
New York
United States
Uberty
Treasury
Cotton Goods Steady Throughout Market in New York
New York market notes report cotton goods remaining steady across the trade today with buyers and sellers showing cautious interest. Analysts say stable prices and steady demand characterize the session amid mixed yardage shifts and ongoing supply considerations.
Textile Trade Buys Extend Into Spring Fabrics
Day shows continued buying by bag manufacturers for deliveries two to three months ahead. Five six fifteen and four yard goods balanced by heavier consolidations and finished goods slow due to high cotton. Raw silk activity rises as prices firm slightly while fall silk dress goods improve. Spring worsted dress goods open cheaper than fall with moderate demand. Men’s wear buyers more active on Monday.
Sugar market steady with late decline on Cuban duty paid
New York July 28. Raw sugar shows no intraday change though late yesterday a 132 point drop to 4.24 on Porto Rican cargo due early next month. Today 3700 bags Cuban to an outport refiner at 4.27. Futures eased on liquidation and inactive spot demand, closing mixed with small net moves.
MENTIONED IN THIS ARTICLE
New York
Livestock Prices Rally as Cattle Hit New Highs in Chicago
Chicago July 28 cattle market shows 8 000 head with two way trade on most kill ing classes grain fed holdings up while others slip. Best long yearlings and matured steers reach 14.70 a new high for the season. Hogs 26 000 head mostly 25 lower with varieties and weights listed. sheep 11 000 fat lambs up 25 with Oregon lambs around 15.25 and seven doubles 78 pound average 15.50. sheep scarce.
MENTIONED IN THIS ARTICLE
Chicago
Oregon
Richmond
Lancaster
Jersey City
Wool market in Boston steady with limited delaine sales
In Boston on July 28 buying by manufacturers on the local wool market slowed slightly due to industry adjustments. Prices largely held, with only a small amount of delaine wools moving to recent quotations. Sydney reports also note a steady market with improved blood straight combings.
MENTIONED IN THIS ARTICLE
Boston
Sydney
Wheat Prices Rally On Mixed Western Crop News
Chicago grain prices rose as winter wheat marketing waned and crop reports from Canada and Western Europe, notably France, were unfavorable. Soybean and corn prices moved with oats falling modestly and provisions showing mixed changes.
MENTIONED IN THIS ARTICLE
Chicago
Europe
France
Dairy market report from New York July sale totals
Butter purchases listed at 16 094 receipts with firm eggs at 33 852. Fresh gathered extras and whites priced up to 51 with nearby and western hennery whites up to 49. Pacific coast whites up to 48. Cheese receipts total 425 971 pounds.
MENTIONED IN THIS ARTICLE
New York
Pacific Coast
Seed prices listed for Toledo grain and forage seeds
Seed price table from Toledo dated July 28 shows wheat cash at 1.60 to 1.61, clover seed cash 16.70 with October at 15.25 and December at 14.75 and March 15.00, alsike December 13.10, timothy seed cash 3.95 with September 4.10 bid and October 4.05.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Alsike
Timothy
Quotations Virginia Bureau of Markets Report July 27
Virginia division market report from Richmond covers live poultry butter eggs cattle and sheep prices. Includes figures for Ultra Live Richmond milk and egg prices, butter and creamery quotes, beef cattle and calves at Richmond Lancaster Jersey City and Richmond lamb markets with top and bulk prices and changing demand.
MENTIONED IN THIS ARTICLE
Richmond
Virginia Division of Markets
Ultra Live
Steel magnate willing to take miners risks in mine tour
Nathan Eck stein of Seattle recounted James A. Farrell story at the National Foreign Trade Council meeting. Farrell, president of United States Steel, told of a mine shaft where gas was bad yet workers were inside and he asked if it was safe. He answered, If it's safe enough for the men, it's safe enough for me, spurring improvements. Experience is a great teacher.
MENTIONED IN THIS ARTICLE
Seattle
Nathan Eckstein
National Foreign Trade Council
James A. Farrell
Farrell
New Haven
Pittsburg
United States Steel Corporation
Mr. Farrell
Ancient volume on prince education found in Los Angeles
A 1698 French treatise on raising a prince was discovered amid welfare industry items in Los Angeles. The rare book, translated into English later, describes courtly arts from flirting to horsemanship and proper dress. Its origin and donor remain undetermined.
MENTIONED IN THIS ARTICLE
Los Angeles
Messieur du Port Royal
Los Ageles
Butter market steady on top scores with fair trade
Chicago July 28 butter market shows the zone about steady on top scores with only fair trade reported. Buying interest active on 87 to 90 scores. Centralized steady with slow trade. Fresh 92 score 43 and centralized 90 score 43 1-1.
MENTIONED IN THIS ARTICLE
Chicago
Also Mentioned on This Page
Brooklyn-Montag
Tranait Preferred
Certainteed Acts
Continental Can
Detroit Edison
International Harvester
Marland Oil
Montgomery Ward
Postum Cereal
Remington Typewriter
Woolworth
Indus
Anon
Slueriels
Moses Hyman
Welch, W. Va
Foras Gnorfolm
la Aia. AP
Community Loan Coo
Bland Street
W. C Netiirk
Etriale
Coerd Sctrenesiaa
Lan Hha
By Ahern
Wwe
BNE
Gov’t Bonds
Mortgage Service & Real
Commercial Bank Bldg. C. F. Lyda
J. G. Ridinger
Bluefield National Bank
Bluefield
Service TO
THE
Bluefield National
Virginia
Bureau OF Markets
Bramwell Road
Brushfork
Midway
Wayne Street
Willi
Easley-Wilson Co
Commercial Bank
T. O
J. Wilson
A. J. Cole
R. S. Graham
First National Bank
Bluefield, West VA
Room
Carolina Ave
Easley-Wilson Co. Real Estate
Isaac T. Mann
James Elwood Jones
Thomas F. Farren
A. J. McBride
H. R. Hawthorne
C. L. Alexander
Pocahontas Fuel Company Incorporated
Pocahontas
Pocahontas Coalfield
Pocahontas Fuel Company, Incorporated
No. 1
Broadway
Norpo Va
Main St
Mass
Board of Trade
Cincinnati
Traction Hallaing
Portland
Maine
Pocahontas Wharf
Moulton
Lambert's
Seen Point
Norfolk
Newporters
City
Great Lakes
Sandusky
London
Moxey, Savon & CO
Ind
Lime Street Square
Kk. C
England
Henry Cor
Clerci
Piazza
S. Matteo
Geneva
Freckles
Brosser
TAA
Akon
Mam
Anone
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