Market Advances as Stocks Hit 21 Month Peak
The market rose late in the session reaching a 21 month high led by the industrial group. Notable gains included U S Steel Bethlehem Steel Republic Steel Youngstown Sheet Westinghouse Celanese Richfield Oil and American Telephone with Rock Island Railroad up 2 1 2 points. United Airlines fell to a new yearly low as plans to raise capital were disclosed.
MENTIONED IN THIS ARTICLE
New York
U. S. Steel
Bethlehem Steel
Republic Steel
Youngstown Sheet
Westinghouse Electric
Celanese
Richfield Oil
American Telephone
Rock Island Railroad
United Airlines
J- Hea
Pennsylvania
R. Rake
Prestone
Philip Morris Ree
General Bievirio
Ain Air Reduc Sasae
Frymouth
Pond Creek
A Alleghany
General Poods
Poot & Ca
Keene Ie
General Motors
Goodrich
United Aircraft
New York Central
IHS
United Carbon Commonwealth & Bon
el Norte! & Western
Irluntteee Corp
Consol
North Amn
Avigtion
U. S. Rubber
Motors
Ohio
Qwens
Glass
Warner Bros
Curtiss Wright
Wal Packard Motors Western Maryland
Doughes Aircraft
Ban Amn
Airways Pay
Westinghouse
Paramount Pictures
Wall Street Opens Quietly Amid Broad Bond and Stock Demand
Buying pressure lifted shares and bonds as investors hunted for value. Colts Mfg Electromaster Cities Service and Fairchild Camera saw higher prices while Consolidated Steel slipped after a sharp rise. Railroad and utility bonds gained with demand pushing yields tighter. Jersey CentralJoans saw activity on a federal court authorization to pay a year's interest on mortgage bonds.
MENTIONED IN THIS ARTICLE
Colts Mfg
Electromaster
Cities Service
Fairchild Camera
Consolidated Steel
Central Railroad of
New Jersey
Joans
Jersey Central 5S
Vandals Smash Windows At Charleston Catholic High
Detective Lt. L. B. Warren reports vandals smashed two windows at Charleston Catholic High School early yesterday. Damage is estimated around $10. The incident occurred after hours, causing security concerns for the campus community.
MENTIONED IN THIS ARTICLE
Catholic
L. B. Warren
Charleston Catholic High
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