Stock prices rise to record highs on busy New York trading
New York on Monday saw stock prices bound upward to record highs as buying orders surged across professional traders and pools. Volume approached 1,700,000 shares with notable gains in high priced rails and Pan-American issues leading the advance. Continuous strength across Atchison, Atlantic Coast Line, Louisville & Nashville, and midcontinent oil shares highlighted a broad market rally amid impending national administration changes.
MENTIONED IN THIS ARTICLE
New York
Atlantic Coast Line
Louisville ” & Nashville
Yitc
Maxwell Motore
Jordan
Hedeou
Gardner
United States
Ludlum, Steel
Atamicus Steel
American Locomodiv
Baldwin
West Penn Power
Solvanta Fssues
Vigorous rally drives mixed bonds and stock gains
Old World markets show a buoyant mood as convertible bonds lead, with Standard Gas 6% up over eight points to a new high. Pan-American 63 climbs with stock gains, while other issues touch new highs amid merger chatter. Treasury financing talk grows, cattle and grain futures pivot on supply signals and export demand.
MENTIONED IN THIS ARTICLE
New York
Mar
Pan-American 63
Ofl
Colorado & Southern
Movida
Western & Northern Fa
New York Central
Baltimore & Ohio Ibis
St. Paul
Treasury Dlang
Poultry Prices and Sugar Futures Reported in New York
Live poultry prices listed for chickens broilers turkeys ducks and other fowl by freight and express with varied per unit costs. Western and southwestern turkeys shown with different rates. Raw sugar futures rose then eased as buying and later selling influenced intraday moves.
MENTIONED IN THIS ARTICLE
New York
Mar
Express
Abe
Towls
Tiresse
Chichkens
Textile Trade and Dye Lines Amid Broad Demand
Printed and dyed lines and many of the new Rayon goods were active abroad and at home. Wool goods in fall demand showed better activity with continued strong trade.
Livestock Market Report Shows Mixed Cattle Prices
Chicago March 2 cattle receipts near 21,000. Better grades fed steers declined modestly from last Thursday, with scarce improvements. Top prices reached 12.35 for choice long fed yearlings, with heavies around 11.40 and next fuelest price listed at 11.76.
MENTIONED IN THIS ARTICLE
Chicago
Mare
Grain prices surge as May wheat tops two dollars
Chicago grain markets moved higher with May wheat reaching 2.02 a bushel, the first time prices edged above $2 in years. Traders noted a wider spread in futures and prompt cash values, signaling renewed buying interest amid favorable refining demand and crop outlook into spring.
MENTIONED IN THIS ARTICLE
Chicago
Mar
Sugar market solid as Cuban sales bolster shipments
In New York on March 2 spot refined sugar held at 4.74, up 1 28, with later bids at 4.77. Trade included 16,000 bags of Cuban sugar in the second half of March shipments, signaling steady demand.
MENTIONED IN THIS ARTICLE
New York
Cotton goods market firm on rising cotton prices
New York reports a firm cotton goods market as cotton prices rise. Trade was scattered with odd lots and conversions, with better sales in battings and sheetings. Wash goods moved in large volume amid strong demand.
MENTIONED IN THIS ARTICLE
New York
Mar
Seed prices and seed cash bids in Toledo market
Fragmentary OCR lists seed and cash prices for several crops in Toledo with dates like March May and September. It notes figures such as $18 and $19.36 and mentions a Geological Survey denial of knowledge about drought related dry springs.
MENTIONED IN THIS ARTICLE
Toledo
Mar
Timothy
The
Geological Survey
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American Can
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Joaerenn
Aenerican Sugar
Dyeenvey Eee
Smnerleal Tel
Ty Aimerican Tobacco
Bethlehem Steel
California
Chandler Motors
Chesapeake and Olio
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Onic
Ererenyeres
Cuba
Duvinon Chemical
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Kelly
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Kennacott Copper
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Nuahehig Fuk
Marland Ol
Allixwall Motors Rey Mexican -Saavoard
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Hartt Bortelie and
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Northern Pacific Pacific
Omay
Amistlcals
Philadelphia
Rendin tLe
Phuilipe Petholsum
Ges Republic Iron
Reynolds “Tobacco
Et Louis
San Janelees
Beara Roabuck
Beaboard
Lind
United States Industria Re
United States Rubber
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Peter Ened Maa
Solworth
Rite Old
Dat Keyes
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Elm Street
Stanley
Bluefield
Virginia
Bluefield Trust Co
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D. I
Wrench
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Cham
Wr. W. Sasser
American Finance
Cartered
West Virgina
RL. Bailey
Lamb
Mianagar
the Empire Investment Corp
Law & Commerce
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Hancock
Vas
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Bink
Jay
Nes
Mel
Uttle
Safety and Service
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