Stocks Jump as High Grade Industrials Lead Market
U S Steel common rose 24 1 2 to 120 1 2 amid broad gains on August 4. American Can hit 215 7 8 and General Motors edged higher on expected dividends. Pan American issues weakened on boardroom changes while Loews hit a record high near 828 1 4 as rallies spread through chemical and electric stocks.
MENTIONED IN THIS ARTICLE
New York
United States Steel
Americarn
Dupont
International Telephone
United Drug
Atlantic Coast Line
Anl
Sh Motors
New York Price Reports Farmland Markets August 4
N Y Produce Prices show firm butter and cheese markets with varied grades. Creamery values range around 41 to 46 cents, eggs steady with fresh extras 32 to 52 cents, milk wholesale at 32 33 per 100 pounds in specified zones, potatoes and beans show softer activity, dried fruits firm with assorted dried fruits and prunes noted, dressed poultry and live poultry markets steady to firm, beef and pork markets uneven with pork dull and family beef around 44 dollars per cwt.
MENTIONED IN THIS ARTICLE
New York
Wisconsin
Henery
Foreign Exchange Rates Reported in New York
Foreign exchange quotations from New York on August 4 show demand and cable rates for major currencies. British sterling at 485 3-8 demand with 485 9-4 tables, francs at 4.78 1-2, and other currencies including Belgium 4.57, Germany 23 80, Norway 18.55, Sweden 26 86, Denmark 22.87, Switzerland 1941 1-2, Spain 14.46, Greece 158, Poland 14 1-4, Czecho Slovakia 2.36, Yugoslavia 1&1 1-2, Austria 14 1-4, Roumania 32, Argentina 40.37, Brazil 11.76, Tokyo 41 3-8, Shanghai 7a 1-8, Montreal 166 1-16.
MENTIONED IN THIS ARTICLE
Belgium
Germany
Bolland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakia
Jugoslavia
Austria
Roumania
Argentina
Brazil
Tokyo
Shanghai
Montreal
New York
Union Pac P Trek 17 Stock Exchange
Union T
United
United Cig
Oslo
United Drug
Indust Alco
Bosch
Vanadium Corp
Jordan Motors
Kayser Co
Yoo Am
Intern Corp Mi
Kennecott
Lehigh
West Penn
Maryland
West Maryl
West Pacific
West Elec
Weston
Manati
Willys Pve
Wilson & 200
Arm Co
Delp
Woolworth
Til
Goa
Arnold Constab
Tg Man Shirt
Wright Aero Oe
Articom Corp Ar
Ara Oillanila el
Martin Parry
Atchison
McCrory
Gulf
Metro
Balimore Ohio P
Bangor Area
Barns Corp
Mo Kan Texag’ Ag
Bom
Brizy Miz Co
Moon Motors
Burns Bros
Murray Body
Burns Bros B
Nash Motors
Cerro de Pasco
Chandler
Ieee
Nunnally Co
Chile
Panhandle
Park Tilford
Penn Seab & Valie
Crucible Steel
Crucible
Philadel Co
Ody
Philip Mor Co
Phila Rdg
Boone W Mills
del Lac West
Detroit
Dodge
Punta Alera
Durham Hos
ADO Eastman Ke
Erie
Republic
Reynolda
Fairbanka
Royal Dutch
Joseph
Seaboard
Freeport
Tex i
Seaboard Ip I. P
Prats
Seagrava Corp
Searg Roebuck
Shell Union Gil
Sherwin
Simmons Co
Ginter Co
Gimbel Bros
South Porto
Spice Spear Co
Suza Abe
Gulf St Steel
Warn
Studebaker
Studebaker P
Heline Co
Houston Owl
Sweets Co Am
Howe Sound
Texas Co
Tex Pac
Inland Steel
Inter Rap
Inter Agr
Bet
Cotton market closes with mixed futures on August 4
Cotton New York reports quiet spot at middling 24.40 with futures ending 6a33, 19 to 28 points higher. October 2386 to 23990, December 2395 to 24997, January 2375 to 3441, March 23.65 to 2870, May 24.00.
MENTIONED IN THIS ARTICLE
New York
Money market updates from New York August 4
Money New York reports firm and mixed collateral money rates with the ruling at 4 1 2 to 4 2 4 percent. Closing bids hold at 4 1 2, last loan 4 3 2, offered 4 3 4. Time loans and acceptances show varied terms up to 90 days, with prime commercial paper around 4 percent.
MENTIONED IN THIS ARTICLE
New York
Treasury Balance Report Washington Aug 1
United States Treasury balance as of August 1 stood at 149,694,700.27 dollars in the Washington balance ledger.
MENTIONED IN THIS ARTICLE
Washington
United States Treasury
U. S. Bonds Dip After Firm Opening in Cautious Market
U S bonds declined after an initial firm start as high rates and fear of large institution liquidations restrained demand. Foreign issues moved narrowly with Oslo and Copenhagen gains, rails mixed in light turnover, and utilities eased with Western Electric lower. Tokio Electric Power stake sold quickly, signaling strong market absorption of new issues.
MENTIONED IN THIS ARTICLE
New York
U. S
Oslo
Copenhagen
Rio Janeiro
Chile
International Great Northern Adjustment
New York Central Improvement
Minneapolis & St. Louis
Florida, Western & Northern
Pan-American Petroleum
Western Electric
Dery Corporation First Mortgage
Tokio Electric Light Company
Itd
Liberty Bond Closing Prices Reported in New York
In New York on August 4 the daily closing prices for Liberty bonds are listed. Liberty 3 1 24 at 100.21, Liberty 1st 4 1 45 at 101.23, Liberty 2nd 4 1 45 at 100.21, Liberty 8rd 4 1 48 at 191.10, Liberty 4th 4 1 45 at 102, U S Treasury 49 at 102.24, and UU Treasury 4 1 45 at 106.6.
MENTIONED IN THIS ARTICLE
New York
U. S
Liberty
U.S. Treasury
UU. & Treasury
Also Mentioned on This Page
Pan
U. S. Steel
Wyle
Herbert G. Wylie
Pan-American Petroleum and Transport Corporation
New York Shipbuilding
New York Canners
General Motors
Whte Motors
Fisher Bod
Hayes
Loew's
Loew's Inc
Hich
American Locomotive Company
Brown Shoe
Kxcept
State of Connecticut
United Loan Corp
Fairfield Ave
Cor
Water St
Fidelity Loan Corporation
Middle ST. Cor. John Bet
John
Plumbing
Wade
Mawley Ava
Lprehiy
N. Y
Great Britain
France
Yale
T. S. Treasury Balance
Noble
Electric Investors Inc
W. R. Bull & Co. Incorporated
State St. Bridgeport
Daytona Beach
Florida
Daytona
Hollywood
State
Schnee & Schnee
THE
Mutual System Co
State Bank
Actu
Barnum
the Mutual System
BANK
Broadway
New York City
Lomas & Nettleton Co
Orange St
New Haven
Conn