Market Summary Reflects Oil Gains and Tech Rally
Yesterday's trading showed oil issues leading the advance with Mexican Petroleum up 7 points and Texas and Royal Dutch posting gains. U S Steel rose early but drifted as a broad selloff pressed prices. U S Steel closed modestly higher amid a rally in specialties like American Woolen and Atlantic Gulf. The market earned the label Market of Specialties as insiders push prices higher despite ample float and rising call money.
MENTIONED IN THIS ARTICLE
Mexican
Texas
Royal Dutch
U. S. Steel
Atlantic Gulf
Endicott-Johnson
U.S
Worthington
Shannon Copper Company votes to sell Metcalf property
Stockholders representing 180,699 shares approve directors selling Shannon Copper’s Metcalf property to Arizona Copper Company for 600000 dollars. Proceeds to pay bonds and debts leaving 450000 cash plus a 25000 claim on a subsidiary. two properties remain Yeager and Gleason.
MENTIONED IN THIS ARTICLE
Shannon Copper Company
Metcalf
Arizona Copper Company
Shannon
Shannon - Arizona Railway
the Yeager
Gleason
New York Stocks Mixed on Latest Market Report
The ledger shows varied activity with multiple listings and fractional quotes for rail and utility stocks. Notable entries include Utah Copper, Wabash, Willys Overland, Woolworth, Worth Pump, West Pacific and White Motor with fluctuating figures across Oct 6 and Oct 7.
MENTIONED IN THIS ARTICLE
Willys O'land
Wilson
Woolworth
West Pacific
West Union T
W& LE
White Motor
New York Market Sees Oil and Auto Shares Rise on Oct Market Day
The New York market showed strong activity in oil, motor, equipment, leather, food and misc sectors led by Texas Co, Mexican Petroleum, General Motors, Kelly Springfield Tire and Endicott Johnson with big gains then pared late. U S Steel lagged, ending with a fractional loss as call money rose to 14 percent after 6 percent open.
MENTIONED IN THIS ARTICLE
Bosch
Drug Syn
Hide & L
Hide & L Pt Ce
Inter Corp
Sumatra
Tel & Tel
ALG & WI
Aldwin
Balt & Ohio
Barrett Co
Beth Motor
Beth Steel
Beth St
Central of NJ
I. Pe Cerro de Pasco
Chandler Motor
Ches & Ohio
Ch & E Il
Gt Western
Gt West Pf
Chi Mil & St P
M & St P Pf
Chi & N’west
Chie & N
Wst
Chinio Copper
Cluett-Pe’ Ae
Col Fuel & Iron
Columbia Gas
Con Cigar Corp
Con Cigar Corps
Crucible Steel
Cuba
Sug Pf
Deere & Co Pf
del & Hudson
den & Rio G Pf
Ome Mines
Elkhorn Coal
Emerson-Brant
Erie
Fed Min &Sm
Fisher Body
Fisher Aay
Gaston W & W
Goodrich
Gulf States
Haskell & Bark
Interboro Con
Interboro
Int Harvester
Steeetee
Jones Bros Tea
Kan City
Rispele Tire
Kelly Tire
Kelsey Wheel
Lorillard
Lo’ville & Nas
Maxwell Motor
Ae Pet
Miami Copper
Midvale
Minn & Bla
New York
Y Ont. & W
Norfolk South
Norfolk & Say
Pacific
Nova Sco
Ohio Cities Gas
Pan Am P& T
Pacific Mail
Nsylvania
Peoria
Pierce Arrow
Pere Marquette
Tee Eee
Pitt Coal
Pierce Oil
Pitts & WV
Pond Creek Coal
Pressed St Car
Pullman
Ween Ee
Punta Sugar
Ray Con
Iron & Steel
Remington. Typ
Royal Dutch
Royal D NY
N Y
Stl&s&f
St Louis
Saxon Motor
Savage Arms
Sears Roebuc Seaboard A L Pf
Shattuck-Arisheee
Sinclair Oil Seeeees
Sinclair Oil Rig
Sloss Sheffield
Lle
South Pacific
So P R Sugar
South R South Railway
Stewart Wharren
Stromberg
Studebaker
Stutz Motor
Tev Ene
Stutz Motor Rts
Superior Steel
Texas Co
Texas & Pacific
Tran C Oil Cf
Tran & Wilms
RT Pf. Ve
Bag & i
Union Pacific
United Drug
United Fruit
US Cip&f
Texas Company
Mexican Petroleum
General Motors
Kelly- Springfield Tire
Endicott, Johnson and Worthington
National Biscuit
Call Money
U. S. Steel
Harvester
Baldwin Locomotive
Gen
Market Gains Amid Mixed Trading With Rail Shares Slipping
Strong stocks led by General Electric Westinghouse and retailers like May Department Stores Woolworth and Sears Roebuck paced gains while rails moved only modestly. Atlantic Gulf sagged after a late advance as demand for rails remained limited. bonds with Internationals rose though Liberty issues stayed barely steady. Total 1,450,000 shares traded. par value sales reached 11,875,000 dollars.
MENTIONED IN THIS ARTICLE
Eral Electric
Westinghouse
Central Leather
Industrial Alcohol
Sears-Roebuck
May Department Stores
Woolworth
Associated Dry Goods
National
Atlantic Gulf
U. S
Fisher Body to Build Large Cleveland Auto Body Plant
Frederick J. Fisher announced plans with Detroit interests to erect a mammoth Fisher Body plant in Cleveland for automobile bodies. The facility will be the world’s largest single unit, employing 7000 workers.
MENTIONED IN THIS ARTICLE
Cleveland, O
Frederick J. Fisher
Fisher Body Corporation of
Detroit
Cleveland
Also Mentioned on This Page
Kidder, Peabody & Co
Devonshire St
Wall St
Boston
Baring Brothers & Co., Ltd
London
First National Bank
Buenos Aires
Argentina
New Auto Company
North Butte
Fairbanks
Root & Vandervoort
Stewart
Core Drilling
John E. Allen & CO
Devonshire Street
Mass
Hornblower & Weeks
Congress St
Chicago
Providence
Portland
Whitney & Elwell
State Street
Massachusetts
Lowell
Liberal Reserve
E. &. Emerson & CO
Boston & Maine
New Haven
Gray & Davis
Parish & Bingham
Gillette
Shannon Copper Co
New Automobile Company
Les, Higginson & Co
Delaware
Lafayette Motors Company
Indianapolis
Charles W. Nash
Nash Motors Company
Kenosha
Wisconsin
James J. Storrow
Boston News Bureau
Cummins
Southern Pacific
Atchison, Louisville & Nashville
Reading
Financial Editor
King Albert
Belgium
Ford
Stock Exchange
Chronicle
United States
Ccccseeeenes
High Point
Teesineliee Noy
Eene Dee
Aeee Bates
Suro
Stew Eneeee
Arizona
James J. Benelisha & CO
Boston Curb Exchange
Doane Street
Th. Law
Ari
Clinton-Wright Wire Company
Spencer Trask & Co
Albany
Richardson, Hill & CO
Bangor, Me
Copley Plaza Hotel
Verde Mines & Milling CO
Verde Mines & Milling
United Verde Extension
D. Lowe & CO. Bankers and Brokers
Fort Hill
New England
Philadelphia
Congress Street
Springfield
New York Market
Fisher Body Corporation
N. Y
Oe Low
Mare
Mie
Nee E Ee Eee Wees
Imperial
Thomas W. Lawson
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