Stock Market Falls as Traders React to Weak Data
The day opened with light bull activity on the New York stock exchange and broad declines of 2 to 5 points across many issues. Several motors oils and oils shares held firmer while many others suffered sharp losses amid thin turnover and a dull overall tone.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Westerd
Geveral
Feoi
Zanker S
Pennsylvania
Kentucky
Italy
Spain
United States
Texas Pacific Coal & Oil Company
Stephens County
Mid-Kansas Oil & Gins Company
Texas Pacific
Prairie Ol
Mid-Kansas
the Sun
United Drug reports record year and rising English sales
United Drug Company signals the just-closed year as its largest ever with total sales likely exceeding 75 million dollars excluding Liggett International. First half 1950 earnings imply over 13.50 dollars per share annual rate and a margin above the current 8 percent dividend.
MENTIONED IN THIS ARTICLE
United Drug Company
Liggett’s International, Ltd
United Drug
Liggett
Boot's, Ltd
Liggett's International
Chicago, Burlington & Quincy
New England
Beacon Oil Company
Boston Wharf Company
New Haven
Haskell & Barker Car Co
Market dips amid reactionary trading and mixed outlook
Financial notes describe a session of selling pressure after a period of side movement and a big rally. Losses span industrials and rails as volume rises, with caution among bankers ahead of financing. analysts expect possible further declines but see overall market benefits from a mellow correction.
Chicago Grain Market Prices for Meat and Produce
The report lists numerous prices for corn and Western rye packed goods, assorted fowls and poultry weights, pork cuts, lard, and dairy products. It includes cabbage cucumbers cauliflower lettuce spinach squash beans beets and other vegetables with per box or per ton pricing and standard market notes from American and Revere refining companies.
Money Market Rates At The Clearing House
Brokers loans to customers run at 7 percent with outside brokers offering quick call loans also at 7 percent. Individual customer collateral loans range from 7 to 8 percent while customers' commercial loans stand at 7 percent. Commercial paper yields 7 percent and year money from 7 to 5 percent at the clearing house.
Prices for Produce and beans and related goods
A fragmented listing of produce prices includes beans, peas, kernels, and greens with varied per unit and per hundred weight prices. Mentions California and Canada origins, small white and yellow eye beans, red kidneys, and lima beans with mixed quality grades and net prices.
MENTIONED IN THIS ARTICLE
California
Lima
Canada
De Valera’s Message to People Calls for Resolve in New Year
In a continued message addressed to the people, Eamon de Valera urges enduring sacrifice to preserve the republic. He warns against bartering away the nobility of those who gave their lives and pledges to endure necessary hardships to secure lasting peace and liberty for future generations in their homeland.
De Valera Salutes Irish Resolve on Dail Anniversary
In a message to mark the Dail Eireann’s second anniversary, Eamon de Valera lauds Irish independence, the nation’s resilience under repression, and the enduring spirit of patriotism. He notes the sacrifices of citizens, reports of violence, and the steadfast resolve to persevere for freedom and national sovereignty. Dublin, January 2.
MENTIONED IN THIS ARTICLE
de Valera
Dail Eirean
Hamon DE Valera
Dublin
Jan
Traveler Shoe Store Opens in Boston
The Traveler Shoe Company announces a new Boston store at 467 Washington Street opposite Jordan Marsh. The opening features stocked displays fixtures lighting and seating with a celebratory Praveler Shoe Paid for Boston event offering a free pair of silk stockings with every shoe purchase at all four Boston Traveler stores.
MENTIONED IN THIS ARTICLE
Traveler Shoe Company
Boston
Traveler
Washington Street
Jordan Marsh Company
Irish Republic membership drive meetings set for tomorrow
Public demonstrations and meetings mark the American Association for the Recognition of the Irish Republic membership drive tomorrow. Principal speaker Kevin Stroma by bene, a noted writer returning from Ireland, will address the event at the Knights of Columbus hall in Avingsville.
MENTIONED IN THIS ARTICLE
American Association For the Recognition
O'Donevan Ressa
Father Griffin
Knights of Columbus
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