Stock gains extend as volume hits month high on cautious optimism
New York trading closed with mixed gains as the market rose for the fourth straight session aided by inflationary fears and government spending. The Associated Press 60-stock average advanced, with volume of 604 550 shares, led by duPont General Electric and Exxon peers. Bethlehem Steel declined slightly while several issues hit year highs.
MENTIONED IN THIS ARTICLE
New York
House
Ways and Means
Treasury
Associated Press
U. S. Steel
Youngstown Sheet
Republic
Bethlehem
Consolidated Aircraft
Lehigh Valley Coal
U. S. Distributing
Savage Arms
Continental
American Telephone
duPont
General Electric
J. I. Case
Philip Morris
International Nickel
Standard Oil N. J
Consolidated Edison
Standard Gas Preferred
Union Pacific
American Luger Refining
Holley Sugar
Baltimore Livestock Market Strong As Cattle And Hogs Climb
Live stock prices push higher across cattle hogs and sheep. Steers and heifers show gains with best cows and bulls up to 21.00 and 9.35 per hundredweight, while vealers rise to around 17.00. Sheep and lambs show firm to active demand with top lambs near 4.00 to 4.50 and ewes around 3.0 to 4.50, bid levels vary by grade and weight.
MENTIONED IN THIS ARTICLE
Feligh Ser
Uetes
Baltimore
Ian Re
Etea
Ps. D. al— Iehore
DRS
Foreign Exchange Rates Open in New York Market
In New York on May 5 Canadian dollar weakens 0.4 percent against the U S dollar in free foreign exchange trading. Swiss franc and Norwegian krone show slight gains while there are mixed movements for British pound and other currencies. Open market figures include parities and broker quotes from the London and Lisbon markets.
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York
Jahe
United States
Niger
Reat
Hritalg
Tork
Parcent
Great Britain
Teta
Oreiza Exchange Committee
Tateau
Portugal
Uiteerland
Yugaslecia
Pittsburgh Produce and Wool Market Roundup
Market note shows mixed demand for vegetables with steady prices for several crates and varieties. Potatoes and Rome Beauties cited with price ranges. wool prices mostly steady, few contracts slowing, Boston wood market quiet with limited territory sales and slightly steadier combing grades.
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U. S
Pa D. Aj
New York
Rome
Penneylvanie
Ibrecks Alabame Bilas
Jong Whites
Maine Green Mountains
Louisiane Bust
Easster
Tuds
Oz Berattan Ste
Rage
Joultry
Livestock Markets Association to Meet in Parkersburg
The bi month meeting of the Association of West Virginia Live Block Markets representing 26 markets will be held tomorrow at Parkersburg. E S Evans of Terra Alta serves as president. The gathering aims to set policies to boost cooperation with livestock producers for better animals and expand market outlets.
MENTIONED IN THIS ARTICLE
Association of West Virginia Live
Parkersburg
E. S. Evans
Terra Alta
Closing Prices N Y Stocks June 5 Bond Market Mixed
New York June 5 moderate recessions ruled in most bond market sectors with some resistance in rails and industrials. Trading fell to low levels of last week at 5 972 600 par value, versus 4 100 400 on Wednesday. The AP index saw a loss of 2 points in rails as the foreign group improved on equal amounts due to gains in Latin American issues.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Zails
Grain and Provisions Market Summary
Grain and provisions futures show mixed moves with wheat easing from yesterday and corn slipping modestly. Prices for soybeans and oats fluctuated, while milling products and related trading activity reflected hedging and demand shifts across major contracts and delivery months.
Treasury and market data report from June 5
On June 5 the weighted wholesale price index for 38 commodities rose to 86.00, with May at 86.21 and weekly figures noted. The Treasury report for June 3 shows receipts of 604,030,503.48 and an area value of 43,832,253.13, with net income of 2,600,316,582.08 and a working balance of 2,053,208. The document also lists customs receipts for the month and year-to-date figures, public debt increases, and gold holdings.
MENTIONED IN THIS ARTICLE
Treasury
Washington
Lawall Heads Group To Raise USO Funds
Lawall, WVU president, accepts state USO chairmanship to raise 10 765 000 in a nationwide drive aiding soldiers, sailors, marines and defense workers. West Virginia quota is 70 600 with drive set to end July 4. Morgantown meeting Wednesday includes five delegates from each county and participation by Agender YMCA YWCA Salvation Army Catholic Charities and Jewish Welfare.
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Charles E. Lawall
West Virginia University
United Service Organizations
West Virginia
Agender
YMCA
YWCA
Salvation Actyr
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Jewish Welfare
Morgantown
Markets At Glance
NEW YORK June 5 Stocks firm as industrial specialties show further recovery while bonds are mixed. Foreign exchange is narrow with the Canadian dollar down. Cotton hesitant with hedge selling. Sugar steadier with trade buying and covering. Metals quiet with utilities leading demand. Wool tops steady with commission house buying.
MENTIONED IN THIS ARTICLE
New York
Want Ad Rates and Notices From The Charleston Gazette
Classified ad rates effective December 1 140 are published with booking and cancellation policies. The notice lists names associated with estates and property sales for delinquent taxes and tax sale redemption details. It references specific individuals, guardians, and court officials in Hendricks and Mason counties and includes address and contact instructions.
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