Market Gains Lift GM as Stocks Reach New High
Broad advance in U S stocks with General Motors leading gains and a record intraday high for the day. Steel, utilities, and foreign news aided sentiment as reports of improved earnings and dividends supported prices while commodity options showed mixed moves and foreign exchange firms.
MENTIONED IN THIS ARTICLE
Nash
Accon
Anust
de Pont
General Motors
Poincare
Feeneh
Tvents
Mericag Can
Sunatra
Pativrigh
Pexas Gulf
Alliad Chalmern
International Harvester Alu
Deopart Ventures
Shubert Theatres
Aml Weston Electrical Instrument
Marland
Tony
Mid- Continent
Corten
Times
Pennand Sterling
U S Steel Declares Regular Dividend at $1.75 per Share
U S Steel today announced a regular quarterly dividend of 1.75 dollars a share on its common stock. No special distribution was approved. Second quarter earnings totaled 47.14105 million, with a per share of 4.20 on common stock, up from 3.88 in the prior quarter and 3.0 in the same quarter last year. A surplus of 12.44835 million remained after charges and dividends.
MENTIONED IN THIS ARTICLE
New York
United Street Corporation
Coalition
Liberty Bonds and Treasury Notes Closing Prices
Government bond quotes listed for Liberty bonds and Treasury issues with prices and changes. Includes Liberty Ist 45 and 160.16, Liberty Ist 4 11-4s, 14 i nn 4 1-48, and Treasury d-4e at 107.16 and 103.28.
MENTIONED IN THIS ARTICLE
Yorke
Inerty
Liberty
Treasury
Shipping News From New York Aboard Various Vessels
Shipping notices show the Ju 27 arrival in New York from Ecuador and San Francisco routes. Vessels include Drottingham Gothenburg bound entries with July dates.
MENTIONED IN THIS ARTICLE
New York
Ecuador
San Francisco
Treasury Balance Statement Shows Large National Total
A July Washington daily financial note reports the treasury balance at 216,095,871.79 dollars. The fragment indicates a queried balance in a wartime or postwar context and reflects a government ledger style total.
MENTIONED IN THIS ARTICLE
Washington
Stock prices recover with motor shares leading rebound
The chart from Standard Trade and Securities Service shows stock group recoveries from winter lows with motor and motor accessories leading the rebound into mid July. Steel, rail and chemical issues also rise, with many issues near year highs and a debate over whether a double top precedes a prolonged bear period.
MENTIONED IN THIS ARTICLE
Standard Trade and Securities Service
Rubber Plant Reduces Week to Four Days at Chicopee Falls
Chicopee Falls Mass July 27 Practically all departments of the Fish Rubber company will operate on a four day week starting Thursday The shorter schedule is linked to belated season delays and aims to ease production in late summer weeks.
MENTIONED IN THIS ARTICLE
Chicopee Falls
Mass
Fish Rubber Company
Market Report Signals Firmer Prices Amid Quiet Trading
Curbed prices show a firmer undertone in New York trading but total daily volume remains under a quarter million dollars. The session, though constructive, centers on second quarter earnings guidance and a mix of industry issues, with oil shares steady aside from Federal Motors minor gain.
MENTIONED IN THIS ARTICLE
New York
Deaven
Poincare
Federal Motors
Motors
Rajon
Art Mikk
Sumatra
Clearing House Report From New York July 27
Clearing house statement shows an 85 percent exchange rate and balances totaling 91.9 million dollars. Reserve credit balance stands at 70 million dollars as of the report date.
MENTIONED IN THIS ARTICLE
New York
Medarn
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