Markets show drift as rails lead early losses
A light volume trading day saw the market fall with rails among the few gainers. Erie dropped to 25 3 4, Kodak and Allied Chemical slid near 5 points, and other leaders tumbled as overall activity remained weak and weekly declines persisted. Bank clearings rose in weekend reports, while crude prices held steady amid a cautious mood.
MENTIONED IN THIS ARTICLE
Serge Soclal
Saviek
Erie
Interstate Commerce Commission
Eastman Kodak and
Allied Chemical
Case and Youngstown Sheet
American Telephone
Sears Roepack
American Power and Light
Worthington
U. S. Steel
American Can
Consolidated Gas
Bethlehem Steel
National Biscuit
North American
Youngstown
New Orleans Cotton Opens Quiet With Gains In Later Months
The New Orleans cotton market opened quiet with December and January at the opening call. Later months rose 2 to 3 points on improved Liverpool cables. A small rally pushed January to 10.50 and March to 10.75 6S points above yesterday's close as traders awaited the government crop report due Monday morning.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Cotton futures close steady with mixed gains in New Orleans
Cotton futures in New Orleans closed steady with slight net changes. January traded from 10.42 to 10.45, March around 10.30 to 10.71, and May near 10.92 to 10.96, with other nearby quotes showing similar activity for December and October contracts.
MENTIONED IN THIS ARTICLE
New Orleans
Cotton prices ease on small Liverpool market
Liverpool cotton prices fall with small business and 2000 bales traded including 1300 American. Spot values show American strict good middling at 6.38 and ordinary at 4.18, with various grades down. Futures closed steady: Jan 5.54, Mar 5.65, May 5.76, Jul 5.86, Oct 5.98.
MENTIONED IN THIS ARTICLE
Liverpool
Foreign exchange rates steady in New York trading
On December 6 in New York foreign exchanges remained steady with Great Britain demand at 4.85 17 82, cables 4.85 11 16, 60 day bills and banks 4.83 3 8, France demand 3.92 7 8, cables 3.98, Italy demand 5.23 3 4, cables 5.24 8 16.
MENTIONED IN THIS ARTICLE
New York
France
Italy
Grain prices in Chicago market report mixed futures
Chicago grain notes show wheat no sales and corn at No 2 mixed 72 1 4 with No 2 yellow 76 1 4 old, No 3 yellow 1473, No 2 white 78 1 2. Oats No 2 white 36 1 4 to 1 2, No 3 white 36 3 4. Rye and barley quoted, Timothy and clover seeds listed with prices.
MENTIONED IN THIS ARTICLE
Chicago
New Orleans Cotton Prices Steady as Sales Reach 2008
Spot cotton in New Orleans closes steady with unchanged quotations. Daily sales total 2,008 bales as low middling 8.61, middling 10.11, good middling 10.61. Receipts 5,084, bookings 736,95.
MENTIONED IN THIS ARTICLE
New Orleans
NY Stocks Mixed At 2 P.M Quotations On Exchange
The Associated Press report lists latest high and low figures on the New York Stock Exchange for December 6 with prices for Chrysler, Kennecott, GE, Mack Trucks, Texaco, Gulf Oil, Unit Corp, U S Steel, Warner Pictures, Woolworth and others.
MENTIONED IN THIS ARTICLE
Associated Press
New York
New York Stock Exchange
Chrysler
Solvents
Commonwealth
Igt
Intnick Can
Kennecott
Theannee Lorillard
Mack Trucks
Geab Oil
Bt Oomny
Tex Pac L
Unit Corps & Steel
Walworth
Warner Pictures
Wet el
Mig
Cotton futures open steady as market digests supply data
New York cotton prices start with slight gains on light selling and steady demand. March contracts hover around 10 70 to 10 75 while Liverpool cables report hedging absorbed by continental buying and demand for cloths and yarns remains weak.
MENTIONED IN THIS ARTICLE
New York
Liverpool
U.S
New York Futures High Low Close Rates
Futures figures show mixed moves with varied highs and lows across months. Prices for January March May July October December shift, reflecting market fluctuations and new versus old contract values.
Alabama Admitted To College Union
Providence December 6 The University of Alabama today was admitted to membership in the association of college and university unions which has been holding its 110th annual convention here for the past two days.
MENTIONED IN THIS ARTICLE
Providence
R. 1
University of Alabama
Association of College and University Unions
Christmas Shopping Hits Full Swing With Last Minute Rush
Fifteen days remain before Christmas and stores prepare for a busy period as they stock gifts for all family members. Merchants, salespeople, and shoppers brace for a frenzied final push before Old Santa Claus arrives on December 24.
MENTIONED IN THIS ARTICLE
Ess
Santa Claus
Government Deficit to Rise at End of Fiscal Year
Washington December 6 government deficit foreseen by administration will be at least 355 million dollars. The shortfall results from combining unemployment and farm relief appropriations with routine expenditures, totaling 180 million dollars in the President's budget.
MENTIONED IN THIS ARTICLE
Washington
Chicago Bank Robbery Loot Draws Fourty to Fifty Thousand
Five robbers held up the State Bank on Chicago's southwest side. They forced 24 customers and staff into the basement while taking cash from vaults prepared for daily payroll disbursements. Estimated loot ranges from 40 000 to 50 000 dollars.
MENTIONED IN THIS ARTICLE
Chicago
State Bank
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