Calling of Loans and Ford Prices Drops Stocks
New York December 1 Associated Press reports a tense stock market reaction after Ford price cuts and loan calls. Trading volume rose and prices fluctuated as Ford’s competitive moves and rising money rates spread fears of further cuts amid a broad selloff in industrials and autos while some issues hit new yearly highs.
New York Produce Market Report Dec 1
Eggs firm with receipts 9,943 as fresh gathered extra firsts hover 46 to 61 cents. Firsts 41 to 45 cents. Storage eggs range 29 to 33 1/4 cents. Pacific coast whites and related grades quoted 50 to 54 cents. Potatoes steady with Long Island bulk at 4.00 to 4.15 per 180 pounds. Maine at 3.60 to 3.90. Butter steady with 5,260 receipts.
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New York
Associated Press
Pacific Coast
Long Island
Maine
Treasury Balance Report Reveals Daily General Fund Total
The U S Treasury daily statement lists the general fund balance at 964,090,338.04 dollars as of December 2, with the balance reflecting funds available for government operations and public obligations. Details include the overall cash position and movements within the general fund and related accounts.
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Washington
United States Treasury
Curb sets new one day record in stock market
New York reports a record one day curb volume with about 562 200 shares traded, 26 000 more than the prior peak. Gains and declines ripple through industries as John Manville ties to a new building board product and Banditary hits a yearly high amid dividend rumors. Several utilities and commodities move, while some high priced stocks like Ford of Canada and Tubize Suks slip on profit taking.
MENTIONED IN THIS ARTICLE
Geneol Motors
Portland
Chevrolet
DuPont
Chrysler
Dodge Bros
Hudson
Ford
Nash
Hupp
American Tobacco
Ruthieson Alkall
Montgomery-Wardational Biscuit
Stewart-Water
Timken Roller Bearing
U. S. Steelommon
Warren Bros
Sears Roebuck
Kennecott Copper
Pullman
Westinghouse Electric
American Machine and Foundry
Continental Insurance
Curtis Aeroplane
Collins and Aikman
Caty
J Rails
Atchison, Delaware and Hudson
Wabash
Canadian Pacific
Union Pacific
Sterling Exchange
London
New York
Associated Press
Insues
St. Regis
Johns-Manville
Common
Preferred
Gamewell Company
Waitt and Bond
Baden
International
Maryland Gas
United Electric
Humble
Vacuum
Standard of
Indiana
Illnois
Ford of Canada
Tubize Suks
Aluminum Company
Celanese
Budd Manufacturing
McCall Corporation
Newmont Mining
Royal Baking Powder
U. S. Freight
Foreign Exchange Rates and Clearing House Totals
New York Dec 1 Foreign exchange rates show bids and asks for Great Britain France Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czecho Slovakia Jugoslavia Austria Roumania Argentina Brazil Japan Portugal and other markets. Clearing house report lists exchanges 61.6 billion balances 150 million and Fed credit balance 610 million.
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Semana
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakia
Jugoslavia
Austria
Roumania
Argentine
Brasil
Japan
Bluunghat
Montreal
Portugal
New York
Uxchangen
Federal Reserve Bank
Spirited Bidding in Bond Market Keeps Prices Firm
Active bond trading kept prices firm with demand broad across rails utilities and select corporates. Railroad issues like Erie and Missouri Pacific 4s and 5s reached new highs, while Mobile and Ohio 4 1-28 touched 99 1-4 before trimming gains. Foreign issues mixed. Treasury issues firmed after a weak start. new Alabama Power 40 million issue expected next week.
MENTIONED IN THIS ARTICLE
Erie
Missouri Pacific
New York
Associated Preas
Mobile
Ohio
Great Northern
Southwestern Bell Telephone
Columbia Gas and Electric Ss
Brooklyn Union Gas
Simme Petroleum
Dustrial
White Sewing Machine
Hudson Coal
Lehigh Valley Coal
Treasury
Alabama Power Company
Electrical Securities Corporation
Posable
Ita
Rubber closes varied on New York market
Rubber closed irregular as trading wrapped for the day. Prices showed 39.80 for nearby contracts, 41.20 for March, and 130 for May, reflecting uneven demand and shifting futures in early December trading.
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New York
Associated Press
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