Market Wrap Up Shows Upward Trend Amid Irregular Tone
New York May 22 Professional traders report notable market irregularity yet an overall upward price trend. Rail shares strengthened with several western carriers showing solid gains as volume contracted modestly from prior days while market sentiment benefited from easing credit conditions and higher crude and zinc prices. Reuters-style notes highlight optimistic rails earnings prospects and continued demand for motor shares amid a broad list of price movements across major equities.
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New York
Atte
New York Federal Reserve Bank
Mercantiie
Ajay
Dun
Northwestern Lineare
Atahlaon
Chicago
Northwestern
Rock Island
Great Northern
Missouri Pacific
Union Pacine
Nasit Motora
Mack Trucks
Pierce Arrow
Maxwell
Packard Common
Willys-Overland
Olsa
California Petroleum
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Old Home Town price surge on patents and stocks
Highest price in several years, Simmons Company rose over two points to 42 percent after a favorable court decision on electrically welded tubes used in the manufacture of atecheda. Other top movers include May Department Stores, Mathieson Alkall, Brooklyn Edison, American Tobacco and United States Industrial Alcohol. Lamb and sheep markets show steady to lower quotes with various car lots and weights reported.
MENTIONED IN THIS ARTICLE
Simmons Company
May Department Stores
Mathieson Alkall
Brooklyn Ediaon
Robert Rela
National Diatillera Products
New York
Speculative bond market holds gains amid rail and utility strength
New York May 22 spec bond trading remained undiminished with prices pushing to new highs in railroad, public utility and oil bonds. Strength centered on Chicago, Terre Haute and Southeast bonds amid merger rumors involving the Van Sweringen group and Cleveland rate magnates. Income bonds advanced, while Western carriers like Chicago and Northwestern and Frisco issues drew buying interest.
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New York
Chicago
Terre Haute
St. Paul
Frisco
International Great Northern
Western
Iowa
Central
Newaell
Livestock Market Summary Chicago May 22
Cattle receipts 3,000 with steady classes. Meat fed steers around $8.50 to $10.85. merit kind down to $9.60. Heifers predominate. beef heifers scarce. Bulls and feeders active but weak in stocker trade. Hogs receipts 16,000 open fairly active, gains of 25 to 40 cents, but ended slow. bulk at 140 to 240 pounds, prices about $12.60 to $12.90. Sheep and other types not detailed. holdovers noted.
MENTIONED IN THIS ARTICLE
Chicago
Sugar Market Steady In New York Trade
The New York raw sugar market remained steady with spot around 4.30 and up to 4.43 for later shipment. Sales included 19 000 bags for end May at 4.33 and 3 500 for Philippines May and June at 4.43. Futures showed limited movement, final prices easing one to two points, with a steady undertone due to spot offerings.
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New York
Philippines
Jay
Dairy Market Reports and Butter and Cheese Receipts
May 22 dairy note from New York shows butter firm with 4 066 receipts and packing stock at No 2 27c. Ears firm with 29 999 receipts, Pacific Coast whites at 38 40c. Cheese receipts 91 721 pounds, whole milk state fresh fare at 21 34 22 0.
MENTIONED IN THIS ARTICLE
New York
Dry Goods Market Report of New York May 22
Cotton goods were steady today yet unsettled in unfinished cloth. Weekly sales of sheetings print cloths and other fabrics reached 200 600 units. Rayon mixtures showed strong demand, especially in unfinished textile segments.
MENTIONED IN THIS ARTICLE
New York
Wool Market Report Shows Steady Demand For Silk Hoods
The week’s market notes silk hoods in steady demand while Burlap and wool products remained firm with light demand. Wool goods maintained a stable character, and overall activity appeared strongest in autos and textiles, reflecting a steady but cautious market tone.
Wool Market Shows Slight Improvement in Tone in Boston May
The Boston wool market shows a little improvement with better demand and inquiries from manufacturers. Offers are being made and some sales completed as buyers anticipate the new season. Fine French cating length wool moved at levels around 1.00 to 1.23 clean, while mills resist further price advances.
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Boston
Congress Ars
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