Market Strength Lifts Prices After Cautious Trading
Yesterday's New York market strength supported a continued rally as oil, copper, and tire stocks led gains. Anaconda and Chile showings boosted copper shares amid expectations of Chile Company absorption, while strong moves in Pan American Petroleum and Edison Electric buoyed overall activity.
MENTIONED IN THIS ARTICLE
New York
Boston
Pan Amer
Petroleum
Edison Elec
Rts
Cena Ee
Union Pacific
New York Central
Canadian Pacific
Chicago & Eastern
St. Paul
Rock Island
Delaware & Hudson
Lehigh Valley
Soo
Western Pacific
Baldwin
American Can
Bethlehem Steel
Brooklyn Rapid Transit
Crucible
Pan American B
Studebaker
0. S. Steel
Fisher Body
Burns Bros. A
Continental Can
Mexican Petroleum
Lorillard Tobacco
Stresge
International Harvester
Auction Schedule Mixed Speech and Names On Record
A garbled notice lists auction details and names like Meache and Kenac, with references to Wednesday timing and a subscription. It also mentions speakers and directors, but the text is largely unreadable and placeholders remain unclear.
Boston Stocks and Bonds Mixed Across Wide Market
Boston stocks show broad activity with numerous railroad and utility issues listed, including Chi & Alton, Coca Cola, Pennsylvanian producers, and steel groups. Yields emphasize a broad bond market with government, municipal, and international listings reflecting varied risk across sectors.
Copper price control tied to South American output
An analysis of copper markets notes South American production and price regulation, with Anaconda and Guggenheim interests gaining stock control over Chilean output. Rubber and tire stocks are cited as improving with higher crude rubber prices boosting inventories and balance sheets. Oil, rail and consumer goods sectors show mixed strength amid rising demand and robust freight volumes.
MENTIONED IN THIS ARTICLE
New
Sienten
Met
Anaconda Irt
Gueims
Guggenheims
Chile
Uggenheims
Anaconda
U. S
Inn
Middle West
Money Market Reports Mixed Rates and Foreign Exchange Trends
The report shows varied loan rates from 5 to 5 1 2 percent for customers and brokers with year money at 5 percent. Clearing House balances and large daily totals appear, alongside late afternoon foreign exchange quotations versus previous day and year ago with multiple currencies and parities listed.
MENTIONED IN THIS ARTICLE
Boston
New York
Sterli Rials
Argentina
Brazil
Market bulls resume as stocks rise driven by copper and rail leaders
Financial Editor A J Bean notes renewed bullish action in the market with investors shifting from sellers to buyers. New York Central leads gains of 3 4 points with rail and industrial stocks rising. copper shares such as Anaconda Cerro de Pasco Utah Inspiration also advance. Close at day’s highs suggests continued strength ahead.
MENTIONED IN THIS ARTICLE
Chile
Anaconda
Cerro de Pasco
New York Central
Bond notes rally in New York as speculative issues lead
Bond market turns up across the board with speculative railroad issues showing the strongest gains. Short covering and new buyers lift large holdings amid wide list of issues, as Rio Grande do Sul and Sao Paulo bonds post notable advances and other Latin and European issues gain modestly.
MENTIONED IN THIS ARTICLE
New York
Rio Grande Do Sul
Sao Paulo
Framerican
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Financial Editor's Notes
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Invincible Oil Co
Louis M. Atherton
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Sereer Tes
I. Dus Steens Hebae
Ten
Une
Chicago Grain Market
Amogin
Financial Editor
BY A. J. Bean
St. Paul General
Northwestern Central
Erie
Tota
Salen
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