Stock market opens with broad gains on strong demand
Professional buying and short-covering lift a wide range of high grade shares in New York led by copper and oil stocks. Early strength expands but profit taking dampens some gains before noon, then broad resurgence pushes many issues to new highs as later sessions close strong.
MENTIONED IN THIS ARTICLE
New York
Geome
Union Pacific
St. Paul and
Roe Tatand
Houston
Mexxican Petroleum
Cirr de Pasco
Adams Express
Stromberg
International Nickle
Foreign Exchange
Baldwin
Studebaker
Bethlehem
Midvale
Marine
General Asphalt
Pan American
Crucible
United States Rubber
Earth
Lorillan Tobacco
General Electrio
Westinghouse
Linding
Pan-American
Marine Preferred
Standards
Hoebuck
Whic
Het
International Harvester
New York Central
Money Market Brief from New York Trading
Call money firmer with highs near 5 percent and a ruling rate at 6 percent. Closing bids show 5 percent, offers at 4, while last Joan 6. Call loans against acceptances at 44 and 60 day and 40 month terms show mixed collateral. Time loans steady as prime commercial paper sits around 4 percent.
MENTIONED IN THIS ARTICLE
New York
Foreign exchange rates and cash prices report
New York rates list Great Britain at 4.68 percent demand and 4.60 for 69 day bills, France 7.03 and 7.04 cables, Italy 4.83 and 4.43, Belgium 6.00, Germany 0.16 and 0.16 cables, Holland 89.50 and 30.62 cables, Norway 18.00, Sweden 26.96, Denmark 20.40, Switzerland 18.76, Spain 16.40, Greece 1.4, Poland 0.00, Czecho Slovakia 2.12, Argentine 37.00, Brazil 13.13, Montreal 0.61-64. Closing cash flax prices in Duluth show December calls and May at 02.04 and July 20.8.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho
Slovakia
Argentine
Brasil
Montreal
Grain markets close unsettled with lower wheat and firm oats
Chicago reports show wheat closing mixed and unsettled as May and July slips while hints of relief legislation and Argentina exports weigh. Corn rises to near season highs and oats gain modestly as provisions stay firmer with strong receipts. Prices reflect trade optimism and farm relief prospects.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Argentina
Washington
Aventine
Butter and Eggs Prices in Chicago Market
Chicago December 1 butter and eggs prices show reamery extras at 54 cents, firsts 41 to 44 cents, standards 41 cents, seconds around 40 to 41 cents, and miscellaneous items about 45 to 48 cents. Receipts noted at 2265 cases with various grades and classifications listed.
MENTIONED IN THIS ARTICLE
Chicago
Potatoes Steady as U S Shipments Reported
Chicago misc market report notes steady potato prices with several state declarations. Wisconsin round whites and bulk sacks priced near 1.00 per cwt while Minnesota sacked Red River shipments range 0.85 to 0.90. Idaho Rural Russets quoted 1.16 to 1.75 per cwt, with Idaho Russels 1.50 to 1.75 per cwt.
MENTIONED IN THIS ARTICLE
Chicago
United States
Wisconsin
Minnesota
Red River
North Dakota
Idaho
Wyoming oil prices listed on New York curb market
Prices of Wyoming oils at 2 pm today were listed on the New York curb market. Wyoming 02, Glenrock 11-16, Iron Producers 16, Mutual 113, Creek 20.
MENTIONED IN THIS ARTICLE
New York
Wyoming
Tonton- Wyoming
Glenrook
Iain
Mutual
Creek
Metal price snapshot from New York markets
Copper steady at 1404 for spot and futures, tin at 4.12, lead at 7.100, and aluminum at 6.76. Nearby delivery values cited for East Bt and Louth, with Anthony spot at 6.60.
MENTIONED IN THIS ARTICLE
New York
East Bt
Louth
Anthony
Moorhead Weather Report Shows Cold Snap Across North Dakota
Mercury fell to three degrees above zero in Moorhead Minnesota last night and dropped further to four below in a nearby area. Havre Montana recorded ten below with winds adding to the chill as a cold spell grips the northern plains.
MENTIONED IN THIS ARTICLE
Fargo
Moorhead
Mind
Havre
Mout
New York Stocks Listed by Associated Press Leased Wire
A broad snapshot of stock listings shows American and foreign firms including American Sugar, American Tobacco, General Motors, Bethlehem Steel, Anaconda Copper, Continental Copper, Reading, Royal Dutch, U S Rubber, Westinghouse, and more. Percentages indicate price movements and percent changes for numerous issues.
MENTIONED IN THIS ARTICLE
New York
Associated Prees
Allied Chemical & Dye
Allis Chalmers
American Rr Sugar
American International Corp
American Smelting & Berg
Bay American Sugar
American Sumatra Tobacco
American T. and T
American Tobacco
Atchison
Alan Snore
Atl, Gulf and West
Baldwin Locomotive
Baltimore and Ohio
Bethlehem Steel
Canadian Pacific
Chandler *Motors
Heeapeake
Ohio
Chicago
Mil
St. Paul
Chicago, R
Pao
Colorado
Crucibla Steel
Eas Percuivane
Famous Players Lasky Sa
General Asphalt
General Motors
Goodrich Co
Great Northern Pfd
Illinois
Central
Inspiration Copper - International Int
Mer
Marino Pfd
International Paper
Swelly
Springfield Tire
Kennecott Coppera Pttansaces
Loulavilles and Nashville
Mexican Petroleum
Vmidie
Midvalg Steel
Missouri Pacific
New York Central
NOY
Hartford
Norfolk
American Petroleum
Pennsylvania
Bay Piller
Consolidated Copper
Odeedanseee
Ron and Steel
Royal Dutch
Seara Roebuck
Sinclair Con of
Southern Pacific
Southern Railway Standard
Jhudebaker Corporation
Tuscan
Tennessee Copper
Fexas
Pacific
Tobaco
Ranscontinental
Nion Pacific
United Retail
Fietestar
United States Rubber
United States
Utah Copper
Westinghouse Hiectric Willysverland
American Zinc
Foreign trade of nation on the rise now
Washington reports export growth as Dr. Julius Klein of the Commerce Department cites October exports at 872 million dollars the highest since March 1921. He notes improving Latin American and African markets and renewed demand in Europe signaling a broader upturn in U S foreign trade.
MENTIONED IN THIS ARTICLE
Washington
Julius Klein
Bureau of Foreign and Domestic Commerce
Department of Commerce
Dr. Klein
For Enat
Africa
Dr. Klein Esid
Europe
Klein
America
Car Shortage Dips from Peak Yet Fails to Ease
Washington reports freight car shortage remains substantial though easing from recent peak. On November 16, 158,234 cars were lacking versus 174,408 needed that month and unavailable. Also notes cotton market in New York with spot prices quiet at middling 26.59.
MENTIONED IN THIS ARTICLE
Washington
Car Parvies
Amarican Hallway Association
New York
Live Stock Prices in Chicago Chop and Change on Open
U S Department reports hogs receipts 46 000 cattle 11 000 sheep 14 000 with early gains in hogs 10 to higher and cattle and sheep showing overall steadiness. Prices range for hogs 8 25 to 9 40 per cwt with various weights and grades noted and cattle including yearlings bulls veal calves and stockers quoted across multiple brackets.
MENTIONED IN THIS ARTICLE
Chicago
Dec
U. S. Department of Agriculture
Cattle and Hogs Prices and Receipts Across Omaha and Denver Markets
Receipts across Omaha and Denver show cattle and hogs mixed to higher. Omaha reports declines and steady trends with beef steers near 4.00 to 4.50, hog receipts near 7.50 to 8.00, and lambs topping around 14.26. Denver data show beef steers around 4.00 to 4.50, cows and heifers near 3.00 to 5.60, and lambs recording up to 13.80 with feeders also active.
MENTIONED IN THIS ARTICLE
Denver
Colo
Market
Lambe
Onee
Feeder Iamba
Tragic Scalding Death Of 24 Year Old Dennington Son
Cheyenne Wy Dee 1 region reports John Lee Dennington Jr 24 died after a pan of hot water was spilled in a cleaning accident. The boy fell backward into the pan while his mother prepared to scrub.
MENTIONED IN THIS ARTICLE
Cheyenne
Wye
Dee
John Lee Dennington, Jr
J. L. Dennington
Fargo opens vast new oil area and boosts capital plan
The Fargo Oil Company reports drilling in the Tensleep sand near South Casper Creek field, claiming a 260 foot thick sand and potential large production. Plans seek to raise authorized capital from 20 million to 40 million, offering two new shares for one old share while dividends stay near current levels. Freight and pipeline activity and other oil industry updates follow.
MENTIONED IN THIS ARTICLE
Fargo Oil Company
Casper Creek
Umea
Madison
Pine Mountain
Oll Cuntain
Boone Dome
Fargo Company
Ohio Territory
Producer & Refinery Corporation
Ball Creek
Severn
Know Creek
Baxter Basin
Enon Cronk
Grass Creek
Otand Am
New York Bonds and International Notes Listed
A scanned financial listing from a New York period shows bonds and notes from Belgium Norway and the United Kingdom alongside American corporations. Items include 5 percent notes 1929 Belgium issues Bordeaux Belgium Norway and Canadian lines plus major issuers like Bethlehem Steel American Tobacco Goodyear Tire and Western Union with assorted series and maturities.
MENTIONED IN THIS ARTICLE
Kingdom of Belgum
Belgium
Norway
Gma
Mead
American Sigar
Eoeces
American Tel
Ameorling Tel & Tel
Armour and Co
Hattimer and Oliver
Tethlehem Steel
Can
Grand Trunk
Great Northern Ta
Great Northern
Ramibesnatass
Kan
Texas
New
Adj Gs
Moritani’ Po
New York
Oregon
Gas and Electric
Power and Light
Bn Western Union
Wesinghouse
Eleotric
Unclear OCR Line Struggles With Percent Symbols
Readable text shows a jumble of numbers and symbols like 100% 100 % 109% and 110% 1014 114% with stray alphanumeric tokens. No coherent event or names emerge to anchor a proper news item.
Receiver for Bair Company Denied by Judge Kennedy
Judge T Marie Kennedy of the United States district court for Wyoming denied the petition to appoint a receiver for the Bair company Smarts and Gas and N Clark of Pittsburgh argued the case claiming directors of the Bair and Omar companies manipulated assets to ruin Omar stockholders interests The hearings spanned weeks and focused on petroleum output from the Lost Soldier oil field in Wyoming and the quarrel among stockholders.
MENTIONED IN THIS ARTICLE
Bair Company
Kennedy
Cuevenne
Wyo
the Tribune
T. Marie Kennedy
Omar Company
Clark
Balr Company
Balr
Omar
Chile Plans Big Reception For Navy Officials
SANTIAGO Chile Dec 1 By The Associated Press plan for the reception of Admiral Cole and Captain Tauscly who were expected here today on the liner Cleveland included a luncheon at the Union club to be given by Ambassador Collier at which cabinet members government officers and prominent residents will be present American officers will be received by President Alessandri
MENTIONED IN THIS ARTICLE
Santiago
Chile
Associated Peas Plana
Admiral Cole
Tauscly
Cleveland
Union Club
Ambassador Collier
Alessandr
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Duluth
Minn
saoFe
Taylor
Bouton Wyoming
Huck Creek
Burke
Blackstone Ball Creek
Chappell Ween
Columbine Sons Se
Gulf
Tom Bel
Maetritt
Glenrick
Bale Creek Ee
Salt Creek
Indiana
Cities Service
Pensland
Mammoth
New York Oil
Oie
Accesseas
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Mule Creek
Lance Creek
Strase Creek
Elk Basin
Commerce Bureau
Omaha
Neb
Department of Agriculture
Arrang
Pierce Ol Corporation
Richmond
Federal Reserve Board
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The
Interstate Commerce Commission
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Mont
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Atthola
Comny
Hhe
Garvice Communication
Montans
Sherard Dome
Company of Kentucky
Tmarding
Resulta Ig
Congrem
Parific 688 & Gas Company
Dave
Reculler
Mar
la Valletta
Frear
Melton
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Prear
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Argutta
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Eee
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Eae
Navy
H. B. Kline
OU Exchange Huilding
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Willis-Hackett Co
Imolyn
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Iris