Price Averages Hit New High on Stock Market Week
Stewart West reports Wall Street saw new yearly highs in stock averages driven by repurchasing and confidence. Motors led gains while steel and rail industries posted improved earnings. British rate hikes influenced London funds and sterling, with exports and grain prices rising amid bullish signals from Argentina and cash wheat shortages.
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New York
Der
Wall Street
Stock Exchanger
Bank of England
New York Federal Reserve Bank
Welling Stecks
Week's Stock Activity Shows Bullish Turn Amid Mixed Signals
Bears retreated late week as bulls gained control with a substantial advance lifting averages beyond prior week closes. Factors cited include a brief market shakeout, improved short interest, strong earnings outlooks, and a Bank of England rate change.
New York Bond Report for Week Ended Dec 4
Liberty bonds listed with high and low quotes for the week ending Friday December 4 as reported by R. V. Mitchell & Co from New York. Market activity and price ranges are summarized for investors and traders.
MENTIONED IN THIS ARTICLE
R. V. Mitchell & Co
New York
Liberty Bonda
Multiple Regional Economic Updates Reflect Cold, Production Shifts
The report notes fall tomato and pepper production cut by early cold affecting Texas crops while spinach harvests rise with January peak. It covers Parker Young Co plans to buy 22 000 acre timber tract in Waterville New Hampshire expanding control to 300 000 acres across New Hampshire Maine Florida and Washington. West Coast lumber production shipments and new orders tallied in early December. Hupp plant November shipments exceed 4 300 cars with next six cylinder car orders backlogged until January. Louisiana Arkansas crude oil output rises due to improved weather with new wells adding supply. Cudahy plant near St Paul expands operations employing about 600 workers after acquisition. Grapes produced but 15 000 of 73 000 shipped cars were unprofitable on eastern markets. Wheat cash price near two dollars a bushel as stored grain returns to market. Georgia estimates 60 million dollars in new highway work starting 1926 with five years of continued construction and over a million in bonds voted this week for matching funds. Christmas tree farms advancing with innovation.
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Boston
Waterville
N. H
International Paper Co
Parker Young Co
New Hampshire
Maine
Florida
Washington
Commodity Prices In New York Week of Declines and Advances
Wholesale prices show 25 gains and 21 losses in 46 items. Wheat rose sharply due to crop concerns in the Southern Hemisphere, lifting corn oats and rye. Hog prices softer while beef and sheep demand stay firm. Iron and steel demand remains strong. tin up but copper lead zinc weaker. Cotton goods show irregularity with expected lower raw material prices. hides remain quiet.
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New York
Dun
Advertising for Florida Mention Sparks Lemon Discovery
Akron news item notes a humorous ading moment when Miss Sadie Caldwell, while serving lemonade to guests, cut a lemon and found a second lemon inside. The inner fruit was intact and in good condition, adding a quirky anecdote to the Florida advertising update.
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Akron
Florida
Sadie Caldwell
Canton Real Estate Board to elect seven directors
Canton real estate professionals will vote in person at the Courtland hotel to choose seven directors from a list of 14 for the 1926 board. The meeting follows a luncheon with routine business on the agenda.
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Canton Real Estate Board
Courtland Hotel
A. H. Adler
W. L. Armstrong
Jos
Blechele, Jr
C. E. Bordner
E. B. Cranston
Harry E. Fite
Albert Fink
BE. L. Gehman
Mark Hamberton
T. K. Harris
Jason L. Kling
Ford D. Paar
Frank A. Snell
Carl F. Wise
Caneton Real Estate Board
H. FE. Buehler
Insolvencies in United States for November 1672
New York Dec 5 Insolvencies in the United States for November 1672 totaled 1 672 with liabilities of 35 922 421, compared with 1 581 defaults and 29 543 870 in October and 1 653 in November 1924. The rise this year over 1924 is small, while year to date totals show 19 436 failures with 407 216 112 liabilities through eleven months.
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New York
United States
R. G. Dun & Co
Hs Peer
Bank clearings rise across United States this week
National bank clearings total 1.269 billion dollars, up 2.7 percent from last year. New York City reports 6.528 billion, up less than one percent, while other leading centers post a 5.8 percent gain led by Louisville, Atlanta, San Francisco and Pittsburgh. Some centers including Chicago show declines.
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New York
United States
New York City
Louisville
Atlanta
San Francisco
Pittsburgh
Chicago
Bonds Steady Despite Light Buying In Market
The New York bond market opens December with firm prices and little trading interest as investors await clues on future rates. Analysts note that despite a unchanged 3.5 percent discount rate and rising sterling, bond prices stay steady thanks to factors beyond money supply. Foreign issues, notably German municipal loans and French bonds, also shape the scene as American buyers shrink.
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New York
New York Federal Reserve Bank
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