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Charleston Gazette in Charleston, West Virginia

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Newspaper

Charleston Gazette

Location

Charleston, West Virginia, United States of America

Date

Jun 09, 1948

Page

15

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.

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.

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.

Catholic L. B. Warren Charleston Catholic High

Also Mentioned on This Page

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