Stocks Rally in Bear Attacks and Bonds Gain Amid Sugar Rise
Stocks rallied despite bear pressure as bonds and sugars led the market. U.S. bonds rose on the New York exchange with foreign issues firming. sugar liens strengthened with Punta Alegre and Cuba American Sugar mixed. Rail mortgages varied, and principal equities like Union Oil and Liggett and Myers moved. Total par value sales reached about $12.96 million.
MENTIONED IN THIS ARTICLE
New York
Punta Alegre
U.S
New York Stock Exchange
Cuba
Briar Hill
Cerro de Pascoes
Wickwire Spencer
Union
California
Liggett and Myers
Hudson and Manhattan
Tlinois Central
Brooklyn Rapid Transit
Brazil
Canadian Pacific Railroad
Market Curb Market Sees Strong Oil and Mining Activity
Price movements show Oil era gains while South American oils rally amid strong market. Westinghouse Electric rights trade as mining shares hit new highs on reports of a silver vein 144 ounces per ton. Red Warrior and Southwestern Bell preferred rally with Bankers Trust and United Bakeries active in cautious trade.
MENTIONED IN THIS ARTICLE
International Ferroteum
Carib Syndicate
Aol
Whelan
Alontani
Westinghouse Electric
Initizl
Nevada
Uif
Republic
Crucible
St. Paul
Great
Northern
Baltimore & Ohio
Northern Wecific
Southern Pacific
Caion Pacifice
Chigayo Northwestern
Fue
Virginia
Carolina
Lhe
Market Street
Mae
Money News Foreseen: Call Money Eases on Rates
April call money becomes easier with rates near 4 percent. Closing bids stand at 4 percent as banks offer loans against accepts, while demand shows modest activity and lenders weigh credit conditions.
MENTIONED IN THIS ARTICLE
Agalnet Acceptanres
Local Produce Prices Ease As Markets Show Mixed Signals
Wholesale markets report sound stocks with prices 6 to 10 cents per bushel lower than a week ago. Southern crop damage from freezing weather slows shipments. Florida potato acreage down 26 to 80 percent in a month, Georgia peach damage 46 percent, and watermelons, cucumbers, cantaloupes harmed in several regions. Egg markets firmer in Western centers, butter softer than earlier in the week. apples largely unhurt in Georgia with other produce variably affected.
MENTIONED IN THIS ARTICLE
Florida
United States Department of Agriculture
Georgia
Texas
Mares
Connecticut
Newlaid
Hennery
Gortherad
Wester
Maic Ems
Stowkeer
Beratelt Grahy
New York Reserve Bank Statement From April 4
The April 4 statement shows total gold reserve of 1,071 thousand and notes on bills and deposits. It notes amounts held for various obligations and lists deposits totaling 738 thousand and other figures related to reserves and liabilities.
MENTIONED IN THIS ARTICLE
NEW York Reserve Bank
VOSS
Agia i
Fiegerva Bank of Neae Verte
Aecessows
Rorinehabert
Easier Money and Favorable Reports Move Stocks Higher
Market rally lifts shares amid optimistic earnings from large industrials and Treasury forecasts. Railroad and steel sectors show cautious gains as investors react to favorable corporate results and easing money conditions, with equipment and sugar stocks among notable movers.
MENTIONED IN THIS ARTICLE
Union Pacific
Baldwin
American
Suify Group
Punta Alegre
South Porta Rican
Manatt
Nation's Amusement and Candy Bill Tops Spending
The nation spent about 500 million dollars on amusement and candy last year, a luxury category buoyed by favorable conditions. The report notes theater admissions and candy/novelty trades driving the total, with theater receipts and candy manufacturers benefiting as average theater attendance rose slightly over 1941.
Realty Records reveal multiple conveyances and attachments
Mortgage deeds list Alice Sanford and John Peterson, realty transfers include Higgins Avenue and Clinton Avenue properties with values around 125 to 3620 dollars. Warranty and quitclaim deeds cover City Savings Gregory Street, Freeman Street, Westfield Avenue, and Main Street properties. Attachments show Worth End Coal Co. vs Julia Minotis for 75 dollars and Ideal Coal Co. vs Meyer Gadie Schutzer. Public notices reference Bridgeport Trust Co. to Mary Angevine on Washington Terrace.
MENTIONED IN THIS ARTICLE
Alice B. Sanford
Wenstrofit
John A. Petarson
Alling Avenue
James Grosso
Higgins Avenue
Jdazie Green
Minte Millen
Benrastey Street
Tait & Sons Paper Cmpany
Michael J. Lee
Elizabeth Tee
Clinton
City Savings
Gregory Street
Fla
Sellie Vi Donohue
William Colehan
Vealty
Freeman Street
Metal Market Report Slow York April 5 Market Prices
Metal market notes slow trading in New York with Cowper and tin markets steady. Quotes show tin at 46.02 for spot and futures while East St. Louis deliveries hover around 7.50 to 7.60.
MENTIONED IN THIS ARTICLE
New York
Pitt
Mid-Uplands
Slow
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