Light and Power Stocks Dominate Trading Rally
New York May 7 heavy buying lifted public utility issues to fresh highs for the year. Investors keyed to reports of high current earnings and possible recapitalization and dividends, while rails and other sectors showed mixed moves. Standouts included Montana Power and Mack Trucks, with several utilities posting record prices amid broad market strength.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Standard Industrials
Rails
Utah Securities
Montana Power
Federal Light and Traction
American Telephone
Pacific Gas and Electric
Pitts
American Can
Baldwin
United States Steel Common
Ann Arbor
Seaboard Airline
Common
Preferred
Wabash Common
Gulf
M Mobile
Northern
Livestock market results from multiple Midwest stations
May 7 reports show cattle receipts around 4,760 to 2,000 at various markets. Fed steers and yearlings steady to firm with bulk $9 to $10.40. fat cows and heifers $6.25 to $8.50. calves uneven but higher to $8.05. hogs steady with top around $12.10 and carcass values near $20.65 to $20.72. sheep and lambs steady with clipper ewes around $3 to $14.30. traders note mixed supplies and regional price spread across Chicago Reading and Spokane markets.
MENTIONED IN THIS ARTICLE
South St. Paul
T. S. Deepartment of Agriculture
Cerro de Paseo
Ifudsen
Inil
Harvester
Kennecott
Lima Laren
Mack Truck
Seesease Marland of
Magma
Miami
Seaboard
Missouri Pacific
Montana Power
Montgomery Ward National Lead
Nevada Coens
Pwew Havett
Sey-D-Pecerie
Norfolk & Western - Northern Pacific
New York Central
Pacif
Pan American
Phillipe Pete
Omar
U. S. Department
Ray Cone
Reading
St. Joe Lead
Texas Company
Texas Gulf Sulphur
Union Pacific
U.S
U. S
Steel
U.S Steel
Worthington
Wabash ' Wester Union
Westinghouse
White Motors
Diate
Willys Overland
Western Pac
Woolworth Wright
Spokane
California
Trndiana
New Jersey
Enrin
Arseine Arena
Sugar market and ruby rush headline from era market notes
New York reports partial advances in refined sugar with prices from 5.60 to 3709 and a sugar futures drift. Ruby Rush in Mogok district follows ruby mine discovery causing malaria among entrants. Chicago notes potatoes, butter, eggs, poultry, and cotton spot price at middling 23.49 as of March 7.
MENTIONED IN THIS ARTICLE
New York
Rangoon
Je Nn
Mogok District
New York Bonds Close Prices and Daily Bond Sales
Today's New York Stock Exchange bond list shows closing prices for Liberty issues, U S Govt 4s and 4s, Canadian, Chilean, British, and various industrials, with totals for bonds traded at 15,762,006 dollars. The day’s sales dip from yesterday’s 17,182,000 yet exceed last year’s 13,639,000, reflecting activity levels across Liberty, Anaconda, Canadian Pacific, General Electric and utility issues among others.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Liberty
U.S
Sieve
Dom
Canada
Toga
French Republic
Ingdom
Norway
Chile
State of Queensland
GC B&l
WTR Railway and
Mixcellaneeus
Amer
Amer Sugar
al T. & Ban. Fe
He Tallimore & Ohio
Beth. Steel Con
Canadian Pacific
Sok Cai, Bru, & Quincey
Chi, Mil. & Si P
Utah Power & Live ID
Western Union
Ce Westinghouse
Nts Wilson & Co
New York Stocks Mixed as Market Ticks Through Trading Day
Furnished report shows varied finishes with chemicals steel and utilities among highlights. Key names include Allied Chemical Am Can Am Intl Corogn Aw Locomotive Am Smelter Am Sugar Am Tel Tel Am Tobacco Am Woolen Am Car Pay and others trading in narrow ranges amid fluctuating confidence.
MENTIONED IN THIS ARTICLE
Standard Oil Company of
New York
New York City
American Sumatra Tobacco Company
Dodge Brothers
American Express
Worthington
Indus
Scott & Co
Close
Allied Chemical
Allis Chalmers
Can
Corogn
Locomotive
Steel Fay
Atchison
Com
Wheat, Corn Decline on Government Crop Report Doubt
Wheat and corn prices fell amid profit taking and doubt over a looming government crop report. Wheat closed down about 1 3/4 to 2 1/4 cents, with May and July futures slipping. corn and oats also weakened. Reports of rising spring wheat acreage and easing export demand weighed on values while a late rally faded as traders shifted to profits realization. Coffee futures also weakened after initial gains due to steady selling pressure from European and Brazilian sources.
MENTIONED IN THIS ARTICLE
Associated Press
United States
Kansas
Europe
New York
Newarleans
Brazil
Wool price slump draws buyers as stocks rise
May 1 London buyers report a sharp 40 percent drop in wool prices over four months with little clear cause. Traders fear overhang and misread demand while some propose halting May sales. withdrawal likely if a new plan passes. In Washington, Secretary orders a survey of government reservations to count Indians suffering trachoma.
MENTIONED IN THIS ARTICLE
Tondon
Hoi
Sugezesind
London
Washington
Work
Basin Boulder High School Play a Winner
Basin Boulder High School presented A Chaperone at Boulder under faculty direction by James Harris. Basin participants included Doris Taylor Vera Jackson Helen Kilburn. Attending Basin were several area residents and staff. A separate item notes a new 250 mile rail line project in Central Oregon filed with the I C C by the Oregon Trunk Railway.
MENTIONED IN THIS ARTICLE
J. Tastor
Adeline Luiselle
RK. E. Leonard
Joe Crosier
Lew Boser
G. A. Beck
A. E. Todd
Annabelle Fleming
Fleming
Albert Beck
Ralph Boyer
Washington
Oregon
Interstate Commerce Commmission
Poor Bridge Players Stand Out In Social Circles
A brief note observes that many girls from modest means excel at social finesse, using holding hands as a sign of connection. The remark hints at contrasting abilities beyond card games, reflecting playful social norms of the era.
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Utah
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Warley
Helena
Independent Publishing Company (Inc
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Helana
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Neturn
Sixth Avenue
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Eee
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Schroeder Bros. Co
Brighton