Government Bonds Dip for Fourth Straight Session in Moderate Trade
U S government bonds fell for the fourth consecutive session in moderately active trading. Corporate securities closed lower on average after a day of indecisive milling. The market opened soft, moved up mid-day, then drifted lower by closing. Utilities and foreign dollar bonds declined. Investment grade issues stayed firm while rails and industrials were narrowly mixed.
MENTIONED IN THIS ARTICLE
New York
U. S
Staple Price Index Rises to 172.59 In AP Report
The Associated Press notes the wholesale price index for 35 staple commodities climbs to 172.59 on Tuesday. Previous close 172.17, down from week 171.99 and up from month 172.70, with yearly comparisons and historic 1926 averages provided.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Grain traders weigh corn market as new crop nears
Chicago brokers push the view that corn will not flood the market before the new crop arrives, with prices in the grain list showing modest shifts among major firms like Allied Chemical, American Tobacco, and General Electric. The market debates whether current stocks can prevent spoilage without processing.
MENTIONED IN THIS ARTICLE
Chicago
New York
Paramount
Peese CO Rr
Pennsylvania Railroad
Vseccees GR
Merrie
Har- Allied Chemical
Pittsburgh Plate Glass
Allis Chalmers
Plymouth Oil
Viseis
Radio Corporation
American
Republic Steel
American Tel & Tel
Reynolds Tobacco
Sears Roebuck
Socony Vacuum
Southern Railway
Armco Steel
Sperry-Rand
Standard Brands
Atchison & Topeka
Texas Co
Baltimore & Ohio
Twentieth Century Fox
Bethlehem Steel
Union Carbide
Boeing Aircraft
Union Pacific
Bucyrus Erie
Union PE
Aclines
Capital Airlines
United Carbon
Celanese Corp
United States Rubber
Chesapeake & Ohio
United States Steel
Chrysler Corp
Virginian Railway
West Virginia Pulp
Columbia Gas
Western Maryland
Columbia Carbon
Western Electric
Commonwealth Edison
Wheeling
Fant Teesee
Consolidated Natural Gas
Woolworth Tee Eeeeens
Consolidation Coal
Youngstown Sheet & Tube
Continental Oil
Curtis Wright
Eastman Kodak
Fairchild Engine
Fedd Qugg
SOMME
Access
Davececes
Food Machinery
Monee Cash Vindadesss
Foremost
General Dynamics
General Electric
General Foods
General Motors
Tmopchomica
Ceees
International Nickel
E International Tel & Tel
Island Creek Coal
Kennecott Copper
Kroger
Libbey Owens Ford Glass
Mead
Monsanto Chemical
Montgomery Ward
National Biscuit
National Dairy
National Distillers
National Steel
Sccces
New York Central
Norfolk Western
North American Aviation
Owens Illinois Glass
Corn and hog market reports show steady prices with strong hogs
Chicago traders note hogs sold at near four year highs while overall market stayed steady to down. Corn and oats held firm as wheat and soybeans declined amid ample winter wheat stocks and slow grain arrivals. Bond and Amex figures conclude with 2.95 million bonds and $5.54 million Amex stock activity.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Stock market hits fourth straight 1958 new high in steady rise
New York stocks in active trading posted a fourth consecutive 1958 high as leading issues gained while profit taking trimmed gains. The Associated Press 60 stock average rose to 175.40, with the industrials leading a broad advance amid a cheery economic backdrop and varied results across sectors.
MENTIONED IN THIS ARTICLE
Bluefield
New York
Associated Press
Britain weighs cost of satellite with scientific value
London AP Britain considers launching a satellite but delays it to weigh cost against scientific value. Minister Audrey Jones told the House of Commons the project must justify expense and benefits before proceeding.
MENTIONED IN THIS ARTICLE
London
Audrey Jones
Britain
House of Commons
Also Mentioned on This Page
Ind
National Distillers Products Company
Chicago Grain
Chicago Livestock
Shaffer
Maytag CO
Bland Street
W. VA
Greyhound
Greyhound Terminal
Bland St
Miami Beach
Mexico City
Colonial Virginia
New York City
American Stock Exchange
Westinghouse
Eee
Aoeense A
Westinghouse Features
Superior-Sterling CO
Bluefield’s Camera Center
Commerce Street
Gilbert Loan CO
Northfork
Peterstown
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