Speculators Push U.S. Stock Market to New Year Highs
In New York on May 24, speculators surged ahead as stock prices rose to yearly peaks, advancing about 50 issues. Gains ranged from fractions to nearly 12 points, with some mid-day selling absorbing and prices at day’s highs. Amid broad strength, rail and utility stocks reached new highs, while calls on loan rates rose to 4.5 percent and lenders curbed funds. The market’s vigor came with renewed merger speculation and a robust funds backdrop, despite mixed results in individual issues and commodity highs across grains and metals.
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Feder Reserve Bank
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Aimetican Saga Refining
All Reduction
AMO Byete International Harvester
Tnternational
Nickel Lambert Liggett and Myers
Reynolds Tobacco
Simmons Company
Wright Aeronautical
Treasury Daily Balance Report May 23 Washington
The daily statement of the United States Treasury shows Balance general fund today 163 BG 438 BT. The record lists bank and insurance stock quotations and notes general fund balance figures for the reporting date in Washington.
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Washington
United States Treasury
Steadily Increased Use of Milk Stabilizes Dairy Industry
United States per capita milk consumption rose in 1926 with large cities showing gains and dealers reporting higher sales than 1925. Average farm dairy consumption reached 14% pints daily, while elites consumed 967 pints. Regional patterns favored the Central states, Atlantic states, Western states, and South states, with 1935 data shifting regional order. Government figures from the U.S. Department of Agriculture highlight rising per capita intake and total milk and cream consumption exceeding billions of pounds.
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United States
Atlantic States
Western States
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Dali, Inc
Tlis
U & Department of Agriculture
Utilities Demand Advances Score of Issues on Curb
New York May 23 AP Stimulated by heavy demand for public utilities more than a score of stocks rose into new high territory in the curb market today. Buying was diversified with railroad and miscellaneous issues. International Utilities B and Southeastern Power and Light led gains. American Power and Light preferred United Gar Improvement and utilities shares also rose to new highs. Oil stocks were active with Vauum Oil and others up, while Western Maryland and Saint Paul preferred issue gains.Several issues posted new highs, including Celanese and Grand Stores, with some losses reported in Tubie Sk McCall Deere and company and a few others.
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New York
Southeastern Power and Light
Oma Light
United Gar Improvement and Utilities
Tuble Sk McCall Corporation
Deere and Company
Sion
Corti
Yorkay
Batn Liberty Bonds Clearing House
Liberty
Ldn
Foans
Treasury
Aknaeast
Union Gas
Chicago Eastern Twinois
Peoria
Eric “D
Ch Corporation
Davison Chemical
Toe
Your Money Problem
An article arguing children should contribute to home expenses and chores to teach responsibility. It discusses paying children for specific in-home tasks, distinguishing between necessary upkeep work and errands, and balancing incentives with teaching thrift and cooperation within the family.
Shipping Arrivals From Various Ports Listed
A compact shipping register note shows vessels arriving or sailing with origins including Cadiz New York Providence Fayal and London. Entries list ship names such as Manuel Arms Minnekahda Oscar and President Polk and voyage dates in May from 2 to 41 with destinations to New York and other ports.
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Manuel Arms
Cadiz
New York
Providence Fayal
Newark
London
Minnekahda
Baltic
Liverpool
Oscar
Oslo
Polk Marseilies
New York Asia St Michael
Cotton Futures Rally Marks Gains Across Months
Cotton futures closed higher with July at 1643, October 1670, and January 1713. Prices in December and March show continued strength, with new highs around 1705 and 1738 amid steady middling cotton.
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New York
Liberty Bonds Hold Firm Amid Muted Stock Market Activity
The Associated Press reports Liberty bonds steadied in trading as bond market volume remained near a low full day level. Clearing House noted a roughly 20 million dollar deficit in reserves, while Treasury and utility issues showed mixed firmness. Foreign issues moved modestly, with French bonds and Rhineide Union 7s fluctuating without major change.
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Tle Rhineide Union
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