Market rally leads stock and commodity gains on October news
A brisk stock rally led by General Motors and United States Steel driven by expected earnings and short interest fear. Cotton futures jumped after a bullish Ginnings report, while rail and auto shares rallied with strong gains in farm equipment and other industrials. Currency and time money rates softened amid general market breadth.
MENTIONED IN THIS ARTICLE
New York
Associated Press
J. 3 Census Bureau
Exchange
United States Steel
General Motors
Steel Common
Preferred
T. 8
Steel
Stock Averages Report From THF Associated Press
Stock market averages show industrials and rails with totals and highs and lows for the period. Bond market figures list first grade, secondary rails, utilities, and industrials with combined averages and comparisons to prior month and year.
Wheat and Corn Futures Rise on Liverpool Demand Factors
Grain traders in Chicago opened with wheat leading gains as Liverpool tonnage and liberalized European import rules buoy optimism. Corn and oats followed with mixed moves, opening higher for wheat, near steady to modestly up for corn, and mixed for oats amid ongoing export demand and provisions.
MENTIONED IN THIS ARTICLE
Chicago
Upton
Liverpool
Bank and Insurance Stock Quotations Bankers Capital Furnished
Bank and insurance stocks are listed with quoted prices and changes. The brief item notes quotations supplied by Bankers Capital and reflects market activity for financiers and institutions.
MENTIONED IN THIS ARTICLE
Bank and Insurance
Bankers Capital
CURB PRICES RISE AS UTILITIES AND OIL LEAD MARKET
Prices of curb market securities recovered strength in today s dealings led by oils and utilities with brisk demand. United Gas Improvement closed two points higher at 107 3 2, American Gas and Electric up 2 7 8 to 109 1 8, and Prairie on and Gas Continental and National Transit plus Gulf Oil moved higher as overall industrials showed mixed results. Newmont Mining rose 2 to 102 as mining activity focused on improvements.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Civb
United Gas Improvement
American Gas and Electric
United Light and Power
Associated Gas Electric
Lone Star Gag
Standard Oil
Indiana
Prairie On
Continental
National Transit
Gulf Oil
Johns-Manville
Richmond
Richmond Radiator Common
Newmont Mining
New York Produce Prices and Receipts Report
New York produce prices show unsettled receipts with creamery butter at 43 48 1 2 cents, extras 92 score 47 4 2 with firsts 88 to 1 score at 42 47. Nearby hennery whites and browns see 60 to 76 with extras. Pacific coast whites at 70 to 74 by freight, 75 by express. Potatoes steady with 69 car receipts. Long Island bulk per 180 pounds 44 to 4.50. Maine cobblers 340 to 375 per 140 pounds. Green Mountains 385 to 410. New York cobblers per 180 pounds 350 to 375.
MENTIONED IN THIS ARTICLE
Ferchange
Sat Rats
Tei Tow
Fleisenmann
Salea High
Su Tom
Tina Straits
Adanas Lapriss
Tals
Julieus
Cory
Lord Guy
Ib Roy
Letty
Hollen
Paty
Meier
Tig Stalin
Liottaets
Tekauto
Harien
Lao Tink Toll Benetien
Hanseont
Toper
Lilerno
Pacific
Msn
Archer
Tory
Li Corstay
Tig Bou
Jorm Corp
Tonea Singh
Jos Yoo
Ate Bgr
Faltimos
Ohio
Barnsiait Corp Fae
Goo Fermeh Steel
Yoo Gy
Asi Fey Wabash
Fith Steel
Jog Loft Inc U
Walash
Warren Kos
Ron Lous
Manhiyona Az
Loula G Elena
Beats
Sno Weler Weil Aws
Ludinm
Ally Ly
Lalon
Mackay Cos
Peon
Madison
Garden
Toba
Tus
Hmassie
Len Ry
Dues
Yaoh
I Aw
Mallston
Weston
Weit
Matias
Manly Fise Corp
Mettery
Alty al
Mighty Ty
Gearral Alluy “Steed Ab
Ty Ak
Aitte Ib Teather
Aes
Atrloo
St Louis
Poke Corp
Montana
Montgomery Rd
Aly
Awe
Pau
al Ag
Mullins
Anerican Exch
Br Trost Co
Huw Cai
Tou Murray Cary Ans
Ata
Tromton
Eo Sebat
Dash Motors
Ata Rawl
Manhattan
Ompane
Felias Hess
Dion Nat Bis
Lee Wy Lank
Tnted
Nat Bincuuk
Colorado
Chase ‘National Bark Wa
Icles South
Teoha
Nat Leal
Bank Oun Lon
Amy Bat
Itnvis Trust
Hanan Trust
Roldat Lugar
Rao
Loula Bia Te Baty Nittoral
Aunt Trust
Harlem
Fiat
Nica Bank of Commerce
Wagral West
Lust
AU Nord West
Ilus Corp
Taor Orig
Wren Steel
Teteen
Tony
New York
Associated Press
Hennery
Henemy
Pacific Coast
Long Island
Maine
Green Mountains
Bonds Irregular as Traders Watch Market
New York on October 20 9 traders showed irregularities in the bond market as doubts over government financing plans next month kept many from buying. Foreign issues led losses with German obligations and French Italian securities hovering, while railroads and certain industrials saw selective demand. Treasury balances October 22 stood at 344 452 716 74.
MENTIONED IN THIS ARTICLE
New York
Budapest 6
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U.S. Steel
Hudson, Packard
Mack Trucks
New York Central
Chesapeae
International Harvester
Radio Corporation
Montgomery Ward
Woolworth
Houston OU
General Asphalt
Horta
Mutual System
Bank Street
Call Bar
United Loan Corporation
Fairfield Ave
Cor
Water Room
U. S
The
American Bank & Trust Co
Barnum Avenue
Bridgeport
Connecticut
N. Y
New England
Old Colony Corporation
Olp CoLoNy Corporation OF
Boston
Pearl Street
Hartford Telephone
Fidelity Loan Corp
Middle St. Cor. John St. Bar
Gage
Milford Farpeth Stratford
Milford Stratford Bridgepot
Edgeport
Milford
Bidgeport
Titli
Ibject
Wong Mortinterest
Poralsat
Tlinois Central
Gulf Marine and Northern
Chesapeake
Southern Railway
Erie
Rock Island
St Paul
Minneapolis
America
Spencer Steel
United States
Treasury Balance
Washington
Treasury
Bankers Capital Company
New Haven
First National Bank
Bridgeport, Conn
Waterbury
Hoh Gunder E J Srunace
Roy Randall
Bridgeport Telephone
Noble
Central Union Trust Company of New York
United States Light and Power Shares, Inc
Electric Light
Hincks Bros. & Co
Main St
State St