Market in Record Territory as Stocks Rally and Then Pause
New York trading opened with a 26 year high pace as market activity neared seven million shares. The Dow Jones industrial average touched intraday and final highs with a close of 750.77, while the combined NYT index rose to 421.74 and the 25 industrials hit 725.81, signaling strong gains before profit taking cooled the pace.
MENTIONED IN THIS ARTICLE
Gene Smith
New York Times Co
New York
Dow-Jones
New York Times
Standard & Poor's
Treasury Bond Prices Slide For Third Time This Week
New York AP reports U S Treasury bonds fell for the third time in four sessions with most issues down 1 32 to 4 32 on the long end and some issues holding flat. Corporate bonds were mixed as lower grade rails and utilities showed strength while the industrial sector declined. Trade volume on the NYSE reached 5 51 million in par value with Wednesday at 4 69 million. the 3s of 1995 led long end losses, while Fort Worth and Denver railroad bonds rose 3 s to 89 54.
MENTIONED IN THIS ARTICLE
New York
Treasury
New York Stock Exchange
Fort Worth & Denver Railroad
Market notes show farm prices and stock gains in brisk trading
The report lists liberal produce prices with rail and truck rates for apples potatoes and eggs, noting market dullness and ample supplies. It also covers New York stocks closing higher with bond declines, and mixed action across wheat corn soybeans hogs and cattle futures, plus Treasury and bankruptcy figures and notable trading volumes.
MENTIONED IN THIS ARTICLE
Pittsburgh
USDA
Froduce
Market Dull
W. Va
New York
Chicago
Mixed No 1 and 2 Grades Dominant in Butcher Market
Chicago and Los Angeles trade shows active butcher market with Mixed No 1 and 2 grades at 76.25 to 76.50 for 200-225 lb cattle. Mixed 1 grades sold 15.50 to 16.25 for up to 260 lb. Sows priced 13 to 14.50. Bulls 17.50 to 19. Wasted slaughter lambs steady.
MENTIONED IN THIS ARTICLE
Chicago—La
Butcher Hoa
Permits to Build Obtained by 10
Ten building permits were issued by Charleston Building Inspector D. H. Gay totaling 39300. The largest went to City Councilman R G Gunnee for a new house on Piper Circle estimated at 28000. Other permits include demolitions, remodels and new dwellings across several addresses with amounts listed.
MENTIONED IN THIS ARTICLE
Charleston
D. H. Gay
R G. Gunnee
Piper Circle
W. H. Miller
W. R. Keely
Loudon Heights Rd
William H. Kelly
Dartmouth Ave
E. &. Millers
Main St
Sam Wallace
Summers St
P. Russell
Virginia Ave
Mugh Curry
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