Stock Prices Jumped On Prices Amid Holiday Rush
New York May 28 Stock prices moved up briskly as profit taking cooled but demand remained strong. Daily volume around one and a half million shares with gains seen in American Can Baldwin Dupont and May Department Stores. Rails and motors led gains with Reading hitting new highs while St Paul weakened on reorganization plan fears.
MENTIONED IN THIS ARTICLE
New York
Institution Copper Company
American Cau
Baldwin
Dupont
May
Iater
St. Paul
Wall Street. Inc
Motor Group
Maxwell Motor
Lebouinta
Nien
Bosch Magneto
Fisher
Stewart Warner
Insurance to protect you from contingency dangers
Urges readers to secure adequate insurance of the right kind for home business baggage and auto to avoid desperate chances and legal troubles. Advises acting today and consults the agency for proper coverage.
Bonds New York May 28 steady but uneven trading persists
New York bonds and stocks opened steadier with uneven moves. Early dealings showed demonstrations of strength in several issues, but gains were mixed amid broad price activity across major securities including Allied Chemical American Tobacco American Water Works and various industrials and rail names.
MENTIONED IN THIS ARTICLE
New York
Allied Chemical and Rye
Wooten
Anneonta Copper
Baldwin Lacomative
Ccc
Baltimore and Ohio
Sree
HeeNlehens
ALOGE
Viecereee
Coneee
Califor Petrole Ce
Conatral Geather, Greter Oder
Cobh
International Harvest Int
Kelly-Springheld Co
Kennecott Copper
Gebleh Vahgy Creer
Syene Loujayulo
Nashville
Aig
Mack ‘Peck
Starahret
Marland
Maxwell Motora
Mexican Seaboard Oil Coe
Missouri
Kangsis
Montgomery
Fia
Pan
American Petroleum Bendy Vali Ocean Phila
Pacties Tobacco
Geeus Oe
Transcontinental OU
Cey Eis’ Union
Pactla
United Drug
United Gece Industrin
Staten Industrial Meghol
United States
Abesh Preferred
Weatinghowse Electric
Witlys-Overland
Old Home Town mood shifts as market shows mixed interest
Semi speculative issues attract fresh buying today led by demand for the new International Panel 6s. American Writing Papers and certificates rose over four points to year highs. Railroad shares weakened while Treasuries gain as banks plan to buy new Treasury certificates next month amid a large government security offering.
MENTIONED IN THIS ARTICLE
International Panel
Morehan
St. Paul
Frisco
Burlington
Chesabeaky
Ohio
New York
Treasury
Wool market steady with limited activity in Boston
May 28 reports the wool market showing little change with steady prices in domestic lines and ongoing inquiries. Fleeces lack volume, French botting lengths trade in the 1.20 to 1.23 range, fat lambs 26 cents higher at spots, and general ewe and sheep prices mostly steady to weak with select high grades noted.
MENTIONED IN THIS ARTICLE
Boston
Livestock market mixed with gains and losses in Chicago
Cattle receipts reach 8000 with mixed steer and heifer yearlings averaging 944 to 1160 pounds and pure breds around 1070 pounds trading up to 12.00 while top heavies run 11.00. Nebraska steers average 1214 to 1267 pounds at 11.25. hog receipts hit 16000 with bids up to 12.80 for 140 to 285 pound stock, while cows and bulls show softer tone and limited demand.
MENTIONED IN THIS ARTICLE
Chicao
Nebraska
Cotton goods market and mills prepare curtailment
In New York on May 28 merchants and cotton manufacturers push for curtailment of cotton goods production to stem losses in sales. Some agents for southern mills report closures beginning June 29. Markets stay unsettled as buyers await the government cotton report due Monday before firming contracts. Printed wash fabrics were in demand.
MENTIONED IN THIS ARTICLE
New York
Market notes and price shifts in silk, wool, and grains
Raw silk traded for the day as brocade fabrics and crepes were called printed. Burlap markets opened with traders watching jol e markets closely before late business. The first Indian government forecast due July 7. Local wool trade showed a better tone with limited buying. Wheat and grain prices were unsettled with marginal gains and declines. An adage notes the belief of ease in the world.
Grain market hits new high on wheat futures
Chicago May 28 reports new high price records for the season in wheat for September and December deliveries. Crop damage reports from Indiana Ohio and Kansas plus dry weather in the Northwest boosted activity among speculators.
MENTIONED IN THIS ARTICLE
Chicago
Tiduana
Ohio
Kansas
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American Sumatra Tobacco Preferred
Consolidated Cigar
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Kelly Springield & and & Percept
Robert Ross
First
Woolworth
International Shoe
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Call 291
Peeryuilding
Hancock
Luefield
W. VA
Fieet National Bank
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Carland Development Co
Eikbert Valley
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Pat
Phu
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Aed
THE
Bluefield National ‘Bank
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Williamson
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City Cable
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