Wheat Leads Stocks in Strong Upward Movement
New York reports a broad stock advance with favorable trade developments lifting rail shares and oils while wheat prices hit new season highs. Bank and currency concerns tempered gains as investors eyed potential rate moves and continued competition from alcohol substitutes hurt some industrials.
MENTIONED IN THIS ARTICLE
New York
Securite
Bank of England
Federal Reserve Bank of New York
Marland
Standard O11
N. J
Pacific
Pan- American
Phillip
Atlantic
Rcord
Gumbel Brothers
Woolworth
Montgomery Ward
Sears Roebuck
General Raking
Loose Wiles Biscuit
Ward Daking
Motor Group
Willis- Overland
Chandler
Cleveland Automobile Company
Thse
Chrysler
General Motors
Mack Trucks
Nashville, Chattanooga
St. Louis
Atmistourt Pacfic
Atlantic Coast Line
United States
France
Mergers Drive Cur b Market Moves On December News
News notes that curb market trading was driven by merger expectations across industries. Imperial Oil of Canada potentially absorbing International Petroleum. Cleveland Motor aided by Chandler Motors merger chatter. United Cigar Stores and Goodyear Tire climbed amid new interest. Continental and General Baking shares rose as merger talk boosted baking stocks. Lions, utilities and petroleum issues showed gains on absorption rumors and strong buying in Humbie Oil, Gulf Oil, Magnaolle, and Gibson Oil.
MENTIONED IN THIS ARTICLE
New York
Curb Exchange
Inperial Oil of Canada
International Petroleum
Imperial Ol) of
Canada
International Petroleum Company
Cleveland Motor
Chandler Motors
Motor Group
Chandler
Stock Exchange
United Cigar Stores
Goodyear Tire
Continental Baking
General Baking
Chrysler
Land Company of Florids
I United Gas
Clausne
Humbie Oil
Gulf Oil
Magnaolle
Gibson Oil
Money rates and call money overview from New York
Money market round up from New York on December 2. Call money firm with high five low five. Ruling rate three, closing bias offered at five and a quarter. Last loan five, call loans against acceptances four and a half. Time loans steady with mixed collateral. 60 to 90 days four and seven eighths to six. 5 to 8 months four seven eighths five. Prime mercantile paper four and one fourth.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Metal market roundup from New York Der 2 AP dispatch
AP reports metal prices in New York with copper dull electrolytic at 14 1 8 14 1 4 for spot and futures, tin steady at 62 50 spot and futures 62 765, iron steady, lead steady at 5 50 spot, zinc easy with East St. Louis spot 8458 50 and futures 8 40 8 45, antimony spot 20.00.
MENTIONED IN THIS ARTICLE
New York
Der
East St. Louis
Treasury balance reported at 142 902 509 22 dollars
Washington December 2 The Daily Treasury statement shows a balance of 142,902,509.22 dollars. The figure is released from U S Treasury in Washington and reflects available funds at year end.
MENTIONED IN THIS ARTICLE
Washington
Daily Statement
The
U. S. Treasury
Bond Trading Shrinks as Rediscount Uncertainty Looms
New York Dec 2 AP reports irregular foreign exchanges with varied cental quotations and a cautious market. Rediscount uncertainty and firm money maintenance dulled bond trading and kept price moves in narrow ranges as rail and convertible issues faced profit-taking. Belgian bonds firm on loan talks while Ontario plans a $21 million bond issue in a First National Bank led group.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Cables A.sz
Italy
Capeate
Ohio
Burlington
Denver
Rio Grande
Sinclair
Paris
Poland
Pol &S
Ontario
First National Bank of New York
Cotton closes steady as futures advance into new contract months
Cotton in New York on December 2 shows spot middling at 21.10 while futures end steady with gains ranging from 18 to 35 points. December contracts hit 20.58, with January at 19.32 to 19.85, March 19.81 to 19.85, May 19.45 to 19.47, and July around 19.10 to 19.13.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Eelec
Lidhy Hi Rutland
Sue Auains Lepress
Bt St Joseph
Bulle Louie
Amy
Cimbel Bros
Ward
Goodrich Bof
Simms
Gow Warner
Goodyear
Wiest
Greene
Guantanamo
West U
Gulf States
Weston
Hartman Corp
Inter Corp Pss Ag
Houston
Strembe
Woolworth Ow
Howe Sound Co . Iy
Hudson
Symington Co
Aig Wwaig
Wrigley
Rae
HM Bay
Wd Ia
Bymington
van Vale Ice
Central
Texas
Texas Gulf
Pexas
Youngs
Tex Pac
Texas P Lair
Agni
Int
Cement &S
Int Cement P
Nick Ana Tinton
Tinton Ou
Berg Bay
Ron United Stlug Bay
Ean United Fet
Inter Corp
Png United St
Arm Co
Jewell eTa
Pyang
Bon Jones Bros Tears
Arm
Jordan Me
Arnold Constable
Kan City
Artlon Corp Ni
Articon Corp
Kansas
Atchison T
Ken Cop
Atchison
Tatver Pte
Kresge
Lee Rub Tire
Lehigh Valley
Atlas
Lima
Loew's’ Inc
Austin Nichols
Austin Nichols P Agha
Baldwin Cale + LESTE
Ealt Ohio
Lorillard Co
Bangor Area
Lorillard
Bohs
Lous Ol
TON
Barne Corp A
Macy RH
Magma
Briggs
Matlinson
Bkiyn Edison
Maracaibo
Bkiyn
Mark St Ry Np
Trurns Bros A
Burns Bros
Matheison Alk Wim
Burr
Son Butte
Dept St
Nevada
Cerro de Pasco
Chandler
Metro Gold
Wwe
Miami
Nor West
Mid States
Uctt
Coca
Montgom Ward
Murry Bony Corp
Sathy A
Consol Gas
Norfolk South
Consol Textile
Norfolk Wsties
North Amer
Northern Pacific
Norwalk
Joe Orex
Nunnally Co Ee
Craze Steel
Orpheum
Otis Steel
Cube Co
Otle Steel P
Outlet Co
Owens Bottle
Owens Bat
Pan Am Petrol
Tang Detroit Edison Bay
Devoe Rayn Tee
Pan Am
Devoe
Dodge
Panhandie
Tadge Bros
Pathe
Phoenix
Ali Tagel
Messer, Devitron & Memice
New York City
Messrs. Meyer
Meyer
Austrian & Pratt
Paul Carpenter
Big
Also Mentioned on This Page
Imperial
Bridgeport
Odell
Stratfield Hotel
Beneficial Loan Society Liberty Ride
Main St
West & Co
Equitable Trust Company of New York
International Projector Corporation
Chase National Bank of the City of
B. A. Squire
2Ernational Projector Corporation
Delaware
Nicholas Power Company, Inc
Precision Machine Company, Inc
Acme Motion Picture Projector Company
Chicago
DUSEMESS + the Corporation
William D. Pence
Interstate Commerce Commission
Me. B. K. Read
Pynchon & Co
Hincks Bros. & Co
U.S. Treasury
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Pokuind
Czecho-Slovakia
Jugoslavia
Austria
Roumania
Argentina
Brazil
Tokyo
Shanghai
Montreal
Ber J
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