Market swings as selling pressure edges stocks irregular
In New York on November 1 stock prices moved irregularly as selling pressure hit sugar, motor, rubber and other shares. DuPont confirmed investment in U.S. Steel boosted Steel, while GM and other leaders fluctuated. Sugar refiners sank. American Sugar Refining hit 65 1/4, Cuban refiners fell, and rubber issues declined amid price cuts. Commodities showed mixed moves with slight cotton gains and subdued coffee and sugar futures. Foreign exchange quiet due to All Saints Day observances.
MENTIONED IN THIS ARTICLE
DuPont
U. S
Steel
General Motors
American Machine and Foundry
Adams Express
American Railway Express
Otis Elevator
Russia Insurance
American Sugar Refining
Cuba
Mack ‘Fracks
Hudson Two
White
Europe
South America
Sterling
Foreign exchange rates New York November 1
Foreign exchange quotations across major currencies with spot and demand figures in cents. Banks and cables show varied rates for Britain France Italy Belgium Germany and others including Japan Argentina Brazil Shanghai and Montreal. Market notes indicate changes and cable transfers with miscellaneous figures.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Banks
France
Istaly
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Portugal
Greece
Poland
Czecho-Slovakia
Jugo-Slavia
Austria
Roumania
Argentine
Brazil
Japan
Shanghai
Montreal
Metals report notes steady copper and tin futures
Copper holds at 13 1 4 for spot and futures while tin remains near 57.50 to 57.25 for spot and nearby. Iron, lead, zinc, and antimony show little movement with small price shifts in St Louis and New York markets.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Hast. Louis
St. Louis
Treasury balance shows general fund at 273 million
The daily statement from the United States Treasury lists the balance in the general fund at 273,012,724.80 dollars as of today November 1.
MENTIONED IN THIS ARTICLE
Washington
The
United States Treasury
Local Produce Prices From Connecticut Agriculture Dept
A list of current retail prices for fruits vegetables poultry and dairy from Connecticut's state agriculture department includes apples oranges lemons grapes melons pears cranberries and quinces with unit prices per box lug bushel and dozen, plus vegetables such as celery lettuce beets carrots spinach onions peppers cabbage tomatoes green beans and potatoes with various weights and packaging. Livestock meats and dairy prices cover eggs butter butter types beef veal lamb pork and lard with per pound or per dozen figures.
MENTIONED IN THIS ARTICLE
Malaga
Boston
Kennery
Divesneil
Broad Demands Cause of Rise In Bond Market
New York November 1. A broad demand for industrial and specialty stocks kept prices steady higher. Pool operations reappeared in many sectors with several new year peaks. Celluloid common surged over 9 points to 116 3 4 with preferred up more than 2. American Rolling Mills Imperial Tobacco of Canada and Durham Duplex Razor hit new peaks. Consolidated Gas of Baltimore rose on higher dividend to 63 a year. American Gas & Electric United Gas Improvement showed strength. Indiana Pipe Line gained over 2 points to a 1927 high. Metropolitan W T Grant Nessner Brothers Mirror preferred rose to 94 in an extreme gain. Midland Steel Products advanced about 2 points. Lackawanna Securities fell to a new low John Manville McCall Rubbervid lost 1 1 2 to 2 1 2 points.
MENTIONED IN THIS ARTICLE
New York
Associated Press
American Rolling Mills
Imperial Tobacco of Canada
Durham Duplex Razor
Public Utility
Con
Baltimore
American Gas & Electric
United Gas Improvement
Indiana Pipe Line
Metropolitan
W. T Grant
Nessner Brothers
Mirror
Midland Steel Products
Lackawanna Securities
John Manville
McCall Corporation
Rubbervid Company
Pointe
New York Bond Prices End of Day November 1
Liberty bonds close mixed with Liberty 3 1-2s at 101.16 and Liberty first 4s at 103.16. Second 4 1-4s quoted 100.00, Liberty third 4 1-4s at 100.90, and Liberty fourth 4 1-4s 104.00. Treasury 4 1/2s at 114.20, Treasury 45 at 108.19, Treasury 33-45 at 106.20, Treasury 39-85 at 104.28.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Liberty Bonds
Liberty
Treasury
Light Bond Market Trading Despite New Issues
Trading on the bond market remained light as about 45 million dollars in new offerings emerged. Treasury issues held high prices with tepid demand while Liberty 31-2383 and Second 41-48 traded near or above par. Industrials eased, sugar shares mixed, and foreign issues fluctuated. nearly 97 million in bonds were called this month, totaling 1.24 billion this year.
MENTIONED IN THIS ARTICLE
New York
Associated Press
United States Treasury
Liberty
Chesapeake Corporation
Michigan Central
Katy
Southern Pacific Ss
Pensylvania
New Haven
Duquesne Light
Hudson Coal
Dominion Iron and Steel
U. G. Steel
United Steel Works “Co
Stock Averages Report From Associated Press Tuesday
The financial summary shows stock market averages across industrials rails and utilities with figures for Tuesday and Monday. It lists rail totals, bond market activity, and combined averages along with monthly and yearly comparisons and a note on ex-dividend shares.
MENTIONED IN THIS ARTICLE
THE
Associated Press
New York Produce Prices and Freight Receipts
Potatoes dull with receipts at 107 cars. Long Island goods at 180 lb lots with Green Mountain at 4.35 and 425. Maine prices 3.75 to 4.00 and 3.50 to 3.60 for cobbrera 180 lb. New York sack 150 lb round white 3.60. Butter firm with 13,128 receipts. Eggs firm with 20,170 receipts. Pacific coast whites by freight 68 to 74 and by express unquoted.
MENTIONED IN THIS ARTICLE
New York
Associated_ Press
Long Island
Butik
Green Mountain
Maine
Cotton closes steady to gains on New York market
Cotton prices rise across futures with December at 20.35 to 20.37, January 20.42 to 20.45, March 20.56 to 20.58, May 20.68 to 20.75, and July 20.56 to 20.75. Spot middling held at 20.75.
MENTIONED IN THIS ARTICLE
New York
Associated Press
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Brown Shoe
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Hoh. Guncer EJ Stusces
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R J. Randall H A McKillop Daariel Pylit Earle Mepmuan Sohn Kzoan A. F. Connor
F Sammon
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Ealephone
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