Wall Street Gains Lift Stocks to New Peak Before Profit Taking
Stock prices rose at market open but waned as investors took profits. Two dozen issues reached year highs, led by rails in the East and favored issues like Associated Dry Goods and Kinney. Notable movers included Studebaker crossing 18 and United States Industrial Alcohol up about four points on rumors of a two for one split.
MENTIONED IN THIS ARTICLE
New York
Deak
New York City
Baldwin
Allied Chemical
American Smelting
Coca-Cola
Famous Players
Montgomery Ward
Texas Gulf Sulphur
Willis-Overland
Kinney
May Department
Brown Shoe
Simmons Company
Robert Reiscommon
Five
Motor Group
Studebaker
Paice-Detroit
Packard
Pierce Arrow
Briggs Body
Mack Truck
United States
International Power
Union Bae and Power
American Agricultural Chemical
American Tobacco B. Tobacco Products
Wright Aeronautical Corporation
National Dairy Products
Montana Power
United Drug
Ward Baking B. St. Joseph Lead
Cayamel Fruit
Otis Steele Common
Preferred
Aree
Youngstown
Ceaters
Lackawanna
Bond Market Pauses After Rally as Profit Taking Emerges
New York bonds faced a pause as profit taking halted the recent rise. Unsettled stock activity and higher cash money rates reduced enthusiasm for trading with gains concentrated in railroad, utility, and oil liens. A notable move saw Virginia Carolina Chemical bonds jump over five points from around 70, aided by progress toward reorganization and notable prior profits.
MENTIONED IN THIS ARTICLE
New York
Virginia Crolina Chemical Company
Market Declines Hit Major Issues Amid Broad Profit Taking
The downturn followed a earlier advance with declines in prominent securities. Frisco, Chicago, Terre Haute and Southeastern, St Aal and International, Great Northern Railroad obligations, Tennessee Electric 6s, Standard Gas 6 and 8, and Sinclair and Pan American Oil issues led losses as United States government bonds showed mixed moves and the Treasury 4s reached a yearly high.
MENTIONED IN THIS ARTICLE
Frisco
Chicago
Terre Haute
Southeastern
St.aal and
International
Great Northern Railroad
Tennessee Electric
Standard Gas
Sinclair
Pan-American
United States
Treasury
Dry Goods Market Report May 25 New York
Cotton goods steady with inquiries for fancies and staples in sheetings and print cloths. Mille reluctant sellers due to low bids. Yarns steadier. Raw silk firmer after active Yokohama sales. Short pile cloakings in demand for fall. Linens firmer.
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New York
Yokohama
Raw sugar market steadies in New York
The raw sugar market in New York remained steady with spots at 4.92 and later shipment 4.40 to 4.52. Porto Rican sales totaled 26,000 bags for prompt shipment at 4.33 and Cuban 18,600 bags at 4.62. Futures recovered from an initial drop as traders covered positions, final prices unchanged to up to three points higher.
MENTIONED IN THIS ARTICLE
New York
Refined Sugar Prices Hold Firm Amid Moderate Demand
On December 2.91 and March 2.9 refined sugar stayed firmer with ten point higher quotes for fine granulated sugar moving from 5.55 to 5.70. Market activity showed only moderate inquiry and refined futures remained nominal.
Livestock market mixed as receipts rise in Chicago
Chicago livestock prices show cattle steady to strong with top 11.50 for 1 131 pounds, hogs mostly 12.00 to 12.25 with rare loads 12.36, sheep firmer with fat lambs 16.00 to 16.60 and cull ranges down to 13.60, buyers cautious as supplies grow.
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Chicago
California
Livestock Market Report Notes Range of Texas Wethers
Dealers report part load Texas wethers grading medium to good with some yearlings, at $10.25. Heavies decline to $6.25 as lightweights are not offered, while $9.00 supports for other classes.
MENTIONED IN THIS ARTICLE
Texas
Dairy Prices Hold Steady Amid Ocean of Grades
New York dairy market reports firm butter and cheese values with varied receipts. Butter: creamery and extras rise to about 41 to 43 percent, firsts around 40 to 42 percent. Eggs show steady demand with fresh gathered grades ranging 31 to 34 percent and storage packed at 32 to 34 percent. Cheese receipts near 56.9 thousand pounds with flats and fancy runs trading around 21 to 27 cents.
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New York
Henery
Hennery
Pacific Coast
Wool Market in Boston England Holds Steady Amid Limited Trade
The Boston wool market shows little change from recent days with restricted activity focused on foreign wools. Prices in foreign lines edge slightly firmer while domestic quotations remain nominal and irregular. tops stay quiet.
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Boston
England
Prices noted for various hair combing services
The text lists slight price variations for combing services with occasional minor shifts. It mentions fine straight combing at 49 cents, blood straight combing at 47 to 48 cents, blood combing at 40 to 42 cents, and low one-quarter blood straight combing at 40 to 41 cents.
Grain Prices Jump on Freezing Weather Across Grain Belt
Chicago May 25 grain prices rose sharply for corn wheat and rye due to freezing temperatures across the belt to Kansas. Lowest May temperatures in seventy years led to fears of widespread corn replanting and a grim outlook for winter wheat. Corn closed unsettled after an 8% cent surge.
MENTIONED IN THIS ARTICLE
Chicago
Kansas
Grain futures end higher on mixed commodity gains
Wheat closed stronger with May at 1.71 to 1.72, July at 1.61 to 1.62. Rye rose up to 0.05, oats gained about 0.01, and provisions ranged from a 0.06 drop to a 0.05 advance, as markets showed broad mixed movement.
MENTIONED IN THIS ARTICLE
T&c
Williamson Gateway to the Billion Dollar Coal Field
Williamson real estate draws attention as a gateway to the vast coal region. Edward R. Juhling and Wm. F. Toney are named in connection with local property interests and investment potential.
MENTIONED IN THIS ARTICLE
Williamson
Williamson Real Estate
Edward R. Juhling, Wm. F. Toney
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