General Motors Leads Stock Rally Amid Volatile Trades
In New York the market shows erratic moves with General Motors surging from 237 to 246 before closing at 245 as speculative accounts power the day. Dealers report heavy selling in other industrials while seat values and credit conditions hold steady, with mixed results across rail, solvent, and steel stocks amid fluctuating commodities and exchange rates.
MENTIONED IN THIS ARTICLE
New York
Associated Press
General Motors
Faguies
Reading
Bethlehem Steel
United States Steel Corporation
Southern Pacifics
Atchison
Metal commodity snapshot from New York and St Louis
Associates Press reports copper steady in spot and futures at 181 2 to 123 1 2. Tin remains easy while iron holds steady. Lead quiet at 66 0 and zinc easy. St Louis spot and futures quoted 62 7 2 to 63 0 2. Antimony at 11 6 2 to 11 6 2.
MENTIONED IN THIS ARTICLE
New York
Associated Press
St Louis
Treasury Balance Washington Daily Statement Aug 25
The daily US Treasury balance shows a total of 90431 9223.28 in funds available. Officials report the balance reflects available cash and general fund movements on that business day.
MENTIONED IN THIS ARTICLE
Washington
Daily Statement
The
US Treasury
Grain Chicago Wheat Corn and Oats Market Summary
Wheat opened unchanged to 7-8 cents higher with Liverpool strength but soon eased. Corn came under pressure with higher belt temperatures causing some softness, then slight recovery on dips before falling again. Oats weakened as corn rose, while hog driven provisions moved firm to higher. Prices: Wheat Sept 1? 1-2 to 3-4, Dec 1? 40 3-4 to 1-41, March 1? 44 3-4 to 1-45. Corn Sept 3? 10 to 1-4, Dec 1? 14 1-4 to 1-2, Mar 1? 17 to 1-4. Oats Sept 46, Dec 49 3-4 to 7-8, Merch 62 1-2. Wheat closed 1-4 to 1-8 cents higher.
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Chicago
Associated Press
Liverpool
Provisiona
Shipping Arrivals Listed by Ports and Dates
Shipping arrivals show vessels reaching multiple ports including Washington Plymouth and New York with dates August 21 to August 26. Entries mention Aquitania Calgalle sacked and Montreal, Southampton, Liverpool, Quebec Mulloch, and Hamburg. The list includes voyages to Southampton New York and Plymouth from various origins with August dates.
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Estonia
Danrt
Mework Gharge
Washington
Plymouth
Montreal
Aquitania
New York
Southampton
Calgalle
Liverpool
Quebec Mulloch
Hamburg Pails
Cotton futures close mixed amid modest losses
Cotton prices closed barely lower with October at 21.32, December 21.06, January 21.54, and May around 21.60. Spot market steadied near middling 21.66 as traders weighed supply and demand signals.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Johns Manville Leads Curbstock Market With Gains
New York August 25 Heavy buying pushed Johns Manville new stock to a near 6 point gain and a new high price while the market overall rose. Grand Stores and WT Giant led advance with Northern states power rising in utilities. Oils and other sectors saw mixed moves as some names hit new lows or highs amid light volume.
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New York
Associated Press
Johns- Manville
Preferred
Universal Pictures
Portland
Rubber futures close mixed on New York exchange
Rubber prices closed mixed on the New York market with Septem ber at 3420, December 3470, and March 3560. The report notes closer trading and shifting demand.
MENTIONED IN THIS ARTICLE
New York
Bond market sees high grade liens edge up slowly
New York August 25 Over subscribed 840 million Rock Island issue boosts dull bond session. Money conditions stay firm and new offerings totaling about 100 million in two days barely affect prices. High grade bonds rise slowly while convertibles stagnate except International Paper. Hudson and Manhattan, Cities Bergie Power seen steady. Tokyo Electrics 68 unchanged, France bonds quiet. Federal securities mixed with limited volume.
MENTIONED IN THIS ARTICLE
New York
Associated Fiess
Rock Island
International Paper
Hudson
Manhattan
Bergie Power 68
Tokyo Electrics Light
Trans
Setions
Liberty Bonds Market Prices Tumble In New York
Liberty bonds data released in New York show closing prices across series from Liberty 1st to Liberty 4th. Readings include Liberty 1st 46 10 and 1-4s regying, Liberty 2nd 4 1-45 at 1008, and Treasury 3 3-45 near 105 31 with varied coupons and maturities.
MENTIONED IN THIS ARTICLE
New York
Associater Press
Liberty Bonda Liberty
Liberty
Treasury
Money Market Report From New York
Call money remains steady with bids at 31 2 and closings at 31 2. Time loans ease slightly with 60 60 days and 3 3 4 4 6 months rates noted. Prime med cantilever paper sits around 3 3 4 to 4.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Clearing Wolse New York Aug 25 Statement
Clearing house statement reports Exchanges 875 million dollars in balances 690 million, Federal Reserve Bank credit balance 80.9 million. The report summarizes daily liquidity figures for the Clearing House in New York as of August 25.
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New York
Clearing House
Federal Reserve Bank
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