Retail Trade Expands During Setups In Sub Zero Weather
Commerce weekly survey shows mixed results as severe winter weather slows some regions yet boosts others. Factory output and coal shipments rise, automobile and steel production up, though retail gains vary by district amid travel hurdles and tight supplies.
MENTIONED IN THIS ARTICLE
Nader Winget
Associated Press
Ethan
Department of Commerce
Federal Reserve
New York
Buffalo
Chicago
St. Louis
Steels and Rails Spark Stock Market Rally Across Week
A late session expansion in steels, rails and non ferrous metals lifted the market. The Associated Press average rose to 62.0 as rails gained and chemical shares led the gains with Commercial Solvent up 7 to 22. United Carbon posted a 4.34 rise to 7.33 and U S Steel edged higher to 59 1 2. Bethlehem Steel rose 5 to 56 3 4 as rails hit a 1936 peak at 75 Hmm
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New York
Associated Press
Rails
Allied Chemical
United Carbon
Atlas Powder
Columbia Carbon
Hercules Powder
U. S. Steel
Bethlehem Steel
Santa Fe
New York Central
Pennsylvania
Baltimore & Ohio
Great Northern
Northern Pacific
Ninos Central
Chrysler
General Motors
Worthington
Bond Market Quiet After Active Week
New York traders saw a quiet bond market after a week of active moves as prices held steady and yields remained near earlier levels. The mood was cautious with modest activity and limited price swings across government and corporate issues amid a muted demand scene.
Hogs Steady on Local Market With $10.25 Top
Hogs are unchanged on the local market with no grade changes on Saturday and the top price holding at 10.25. Other local markets also show no change.
Cedar Rapids Miscellaneous Grain and Farm Prices
The Cedar Rapids listing shows mixed farm prices with grains and livestock, including corn at 47c per bushel, shelled corn at 52c, soybeans 72c, and oats later. Prices for poultry, hides, fruits, vegetables, and live stock are recorded, with numerous per unit and per crate figures.
Experiments On Beer Cans Cut Earnings For 1945
New York reports heavy spendings on experimental lines mainly beer cans and fiber milk containers reduced American Can Company earnings in 1945. Net income fell from the prior year’s 17 210 202 to 10 522 949, or per share figures 583 and 3672 respectively, amid anticipated future business impact from tele development.
MENTIONED IN THIS ARTICLE
New York
American Con Company
WW Helps
Manent Canal
Steel shares rise as industry shows signs of recovery
New York AP reports steel stocks gaining as signs of a rebound spread to heavy industry. Scrap prices firm, ingot output at 52 percent, and U S Steel posts January high shipments. Railroads builders and utilities loom as primary buyers of heavy steel in coming months.
MENTIONED IN THIS ARTICLE
New York
Wall Street
U. S. Steel Corporation
The
Steel Corporation
Bessemer and Lake Erie
Union Railroad Company
Chicago, Milwaukee, St. Paul and Pacific Railroad
Wheat Values Sag As Traders Eye Conditions
Chicago reports wheat values sag as traders await crop developments despite cold weather. Market shows limited gains from damage reports but overall demand weak while expectations hinge on growing weather and domestic crop condition. Corner notes reference May and July futures with minor price shifts across corn and oats.
MENTIONED IN THIS ARTICLE
Chicago
Markets at a Glance Stocks Higher on Steel Shares
United Press reports stocks gain as steel shares lift the market while bonds show activity and irregularity. Curb prices firm after a mixed start. dollar eases slightly in foreign currencies. cotton falls 6 to 12 points. wheat steady to 4 cents higher. corn up about 2 to 4 cents. rubber up 2 to 5 points. silver softens in London.
MENTIONED IN THIS ARTICLE
United Press
Chicago
London
Auto Defects Rare Cause of Accidents
Detroit report outlines industry view that most crashes stem from driver or pedestrian error. It notes that speed limits may worsen congestion and that brakes, steering, lights, and wipers are often neglected. Campaigns aim to educate and remove old cars, with GM divisions paying dealers for worn vehicles to curb hazards.
MENTIONED IN THIS ARTICLE
Detroit
United States
General Motors Corporation
Reading
Chicago steel output at sixty percent capacity last week
Chicago area steel production ran at 60 percent of capacity last week amid record cold. The report notes the climate’s dampening effect on industry and references a Missouri item about Furnas’ book and 1936 license plates supplied to automobile operators.
MENTIONED IN THIS ARTICLE
Chicago
J. C. Furnas
Missouri
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