Market rally drives bulls as trading surges on broad gains
The New York market reopened with strong bull activity as speculative money shifted to high growth issues. Rails led advances with brisk demand for eastern carriers while total trading pace hovered around 750000 shares per hour. Major gains came from General Electric Otis Elevator and several large industrials amid a bullish mood spurred by merger chatter and new sponsorship signals.
MENTIONED IN THIS ARTICLE
New York
Rails
New York Cotton Opens Steady as Market Shifts
The New York cotton market opens steady after an initial decline of 2 to 6 points. Active months show net losses 5 to 1% points due to liquidation and weaker domestic consumption. Census data place March lint cotton at 581,718 bales, below February and last year, with weather in the south stirring caution as trading quiets near the end of the hour.
MENTIONED IN THIS ARTICLE
New York
Census Bureau
Ttate
Continental
Bombay
Liverpool
India
China
Liverpool Cotton Quiet With Mixed U S Prices
Cotton market in Liverpool on April 13 shows spot prices easing across grades with American cotton values slipping. Sales reached 6,900 bales, including 4,509 American. receipts totaled 8,000 with 800 Americans as futures closed steady in May July October December January and March at 6.61 10.51 10.31 10.24 10.24 10.23 respectively.
MENTIONED IN THIS ARTICLE
Liverpool
New Orleans Cotton Prices and Receipts Report
New Orleans light open shows steady spot with a 21 point rise and sales of 1 153. Middling grades quoted between 19 20 and 20 55 with good middling at 20 55. Receipts total 2 592, stock at 397 and 383.
MENTIONED IN THIS ARTICLE
New Orleans
Orton
New Orleans Cotton Futures Quietly Rises
New Orleans April 13 motion futures closed very steady posting a net advance of 18 to 2 points.
MENTIONED IN THIS ARTICLE
New Orleans
New York Futures Close With Daily Extremes
Futures close for January May July October and December contracts listed with open high low and closing figures for April 13 in New York. Notable levels show January at 1949-51, May near 1997-98, July around 1977-79, October about 1963-64, and December near 1951.
MENTIONED IN THIS ARTICLE
New York
P.C
New York Dairy Prices Steady to Higher in Creamery
New York dairy markets report steady to higher prices for butter with creamery butter at 44 percent and higher grades at 43 to 44 percent. Cheese prices remain steady with a total quantity of 224 383.
MENTIONED IN THIS ARTICLE
NEW York Dairy
New York
Bulls Fearless on Friday the 13th Rally on Wall Street
New York April 13 reports Bulls on the New York Exchange launched a large opening rally with prices rising up to 10 dollars a share. Notable trades include Bethlehem Steel 6650 up 1.57, General Motors 197 up 1.25, General Electric 163 up .86, Columbia Gas 103 up 4.50, Adams Express up 10, and gains for Brooklyn Edison Consolidated Gas Radio American Express and Electric Auto Lite.
MENTIONED IN THIS ARTICLE
New York
New York Exchange
Bethlehem Steel
General Motors
General Electric
Columbia Gas
Adams Express
Brooklyn Edison
Consolidated Gas, Radio
American Express
Electric Auto Lite
New Orleans Cotton Mixed on Weather Forecasts
The New Orleans cotton market opened irregular with an early loss, then rebounded as forecasts of unsettled wet weekend weather spurred buying. May and July moved from minor declines to gains, with May reaching 19.56, July 19.41, and October 19.17 as prices rose above prior closes.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Census Bureau
Chicago Livestock Market Report April 13
Chicago livestock prices rise with hogs 10 to 20 cents higher on light demand for lower grades. Hogs top at 9.05 per 250–300 pounds. Cattle and calves show steady to higher trends. best steers reach 14.36. Sheep fat lambs active, ewes and feeder lambs mixed with modest gains and steadys in spots.
MENTIONED IN THIS ARTICLE
Chicago Livestock
Chicago
Sugar market steady as New York holds prices
No new business emerged in the raw sugar market in New York. Prices remained nominally unchanged at 4.43 cents delivered for Cubas, while refined grade stayed flat at 5.95 to 6.00 cents for fine granulated.
MENTIONED IN THIS ARTICLE
New York
Cubas
Industrial employment gains and stock market notes from New York
New York reports a rise of 1 084 in employment week ending April 10 and 247 441 year over year. Stock and power firms show varied gains with Standard Gas and Electric earnings at 5 30 a share from 1 253 785 outstanding in 1927 and Louisville Gas and Electric reporting surplus for depreciation. Government cotton consumption, McNary farm relief bill passage, and February road earnings are noted. Discourse on lending, Federal Reserve rates, and market outlook follow with analysts’ cautions on weather and demand.
MENTIONED IN THIS ARTICLE
New York
Detroit
Standard Gas and Elec
Louisville Gas and Elec
Company of Delaware
Subs
McNary
Senate
Coolidge
New York State
N. Y. Federal Reserve Bank
Federal Reserve
New York City
Cotton Letter From New York Apr 13 Weather and Prices
Liver pool 12 15 pm 2 to 5 points lower than old crops and one point higher on new. Sales 6 000 mids 111 vs 1116 yesterday. 8 pm Weather all clear and warm. Forecast eastern belt Friday fair Saturday mostly rain and bright spots.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Eastern Belt
Foreign exchange rates and bank bill quotations listed
The report lists firm quotations for foreign exchanges in cents with demand and cable rates for Great Britain France Italy and other nations. It includes Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czecho Slovakian Jugoslavia Austria Romania Argentina Brazil Tokyo Shanghai Montreal figures.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Shanghai
Montreal
Metals Market Report from New York
Copper and tin hold steady with spot prices near 14 and 5200 respectively. Iron, lead, zinc, and antimony show little change with spot and futures mostly flat across markets including New York East St. Louis and futures quotes.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Whitney's Letter advises modest rate moves and new buy ideas
In New York on April 138 the advisory notes no change in redis count rate and a modest rise in brokers loans. It expects records for rail and industrial averages with Hudson and Manhattan buying. Recommends Cons Gas at 175 with a buy when around 159 and ongoing purchases of Sears Roebuck below year’s high, plus American Republics and General Asphalt. Highlights new highs for American Solvents, Standard Oil of Kansas, Corn Products, Mathiesen Alkali, and suggests Philip Morris & Co Ltd and Certainseed Products as selective new commitments with earnings outlooks mentioned.
MENTIONED IN THIS ARTICLE
Hudson
Manhattan
Sears Roebuck
Standard Oil of
Kansas
Philip Morris & Co., Ltd
INO. FY
Clark &Coo
Turpentine and Rosin Firms Report April Figures in Savannah
Turpentine firm 5834 reports sales 66 receipts 219 shipments 158 stock 7575. Rosin firm records sales 968 receipts 634 shipments 718 stock 52645 with quoted prices for grades B to WG and WW.
MENTIONED IN THIS ARTICLE
Naval Stores
Savannah
Bar Silver Rates Slip in London Trade
Bar silver in London on April 13 quotes 26414 pence per ounce with a small discount rate for short bills at 4 per cent and for three months at 41-16 per cent, reflecting subdued trading and liquidity preferences.
MENTIONED IN THIS ARTICLE
London
Call Money Rates and Terms for New York May Point
Call money trading in New York shows easier conditions with closing bids near 4 percent. Rates for banker accepts and mercantile paper span from 3 to 4 percent across 30 to 90 day terms, with 60 day notes at 3 percent bids and asks.
MENTIONED IN THIS ARTICLE
Time Lang
Prime Mercantile
Bankens
Cotton consumption for March shows rise in output
The census bureau reports March cotton use at 581 318 bales lint and 61 410 linters, up from February totals and lower than last March. State totals reach 431 495 bales. on hand figures exceed 4 million in public storage and compresses, with spindles active near 17.8 million.
MENTIONED IN THIS ARTICLE
Washington
Census Bureau
Disjoint Fragments of Market Ticker Notes
Fragmentary financial snippets show percentages, stock symbols, and cash terms. Mentions include G14 C MR 286 Bu, Pfd 1% and Pak PQ terms, with odd symbols and unclear values. Market ticker style data appears without coherent narrative or readable entities.
MENTIONED IN THIS ARTICLE
B. C
BE. N. X
F. T
G. I
P. C
Stock tips and market outlook from the era Town Topics
The column lists buy recommendations for California Pack, Columbia Carbon, Allied Chemical, National Dairy Products, Panama, and Postum Serial with target prices and guidance. Notes crossing 75 to 90 and beyond, with caution on fare increases and potential price declines if conditions worsen.
MENTIONED IN THIS ARTICLE
Calif
Beth, Steel
Columbia Carbon
Allied Chemical
Pan Ama
Eggs Steady as New York Markets Report
New York price report notes eggs steady on April 13 with 23,989 cases listed as unchanged. market details indicate stable supply and pricing.
MENTIONED IN THIS ARTICLE
New York
Peggs
Market opinions on F Mutton and Co and peers
Market commentators flag high risk relative to gains at current levels while awaiting a breakout. Josephthal and Co notes National Dairy Products progressing on schedule as underpriced versus other food names. Am Tob and Liggett under liquidation pressure. Rails and NY Central show strength suggesting further advances for leading rails.
MENTIONED IN THIS ARTICLE
RE. F. Mutton and Co
Josephthal and Co
Halle and Steieglitz
Amn. Tob
Liggett and
Miere Ig
Hornblower and
Weeks
N. Y. Central
Wheat prices rise as moisture remains scarce in wheat belt
Chicago reports moisture不足 kept wheat belt dry with high winds. Wheat closed 1 to 2% cents higher while corn and oats advanced and provisions fell 5 to 15 cents. Weather conditions influenced futures as markets reacted to ongoing dryness.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool Cotton Statistics Reported At Warded Mills
Liverpool daily cotton update shows 49 000 bales warded to mills with 31 000 American. Total stocks reach 798 000 with 559 000 American. Imports and exports list 0 and 3 000 bales respectively, including 1 000 American bales.
MENTIONED IN THIS ARTICLE
Liverpool
Liberty Bonds Prices Reported in New York
U S government bonds quoted with Liberty issues and Treasury notes across several series. Liberty 3428 at 101 9, Liberty first 4s at 102 18, Liberty third 4s at 1006 13, Liberty fourth 4s at 103 11. Treasury 4s 115 13, Treasury 4s 110 14, Treasury 3s 107 18, Treasury 34 8 1062 19.
MENTIONED IN THIS ARTICLE
Liberty Bonds
New York
U. S
Liberty
Treasury
Silver Prices Reported in New York Market
In New York on April 13 Bar silver quoted at 657% and Mexican dollars at 43% in the market update.
MENTIONED IN THIS ARTICLE
New York
Also Mentioned on This Page
Time Money
Wall Street
Otis Elevator
Rossia Insurance
American Smelting
Wright Aeronautical
Midland Steel Producte
Fidelity- Phoenix Insurance
Houston Oil
Electric Auto- Lite
National Biscuit
Greene Cananea Copper
American Jexpress
Ludlum Steel
Gim- Hel Bros
Schulte
Lehigh Valley
Reading
New York Central
Union Pacific
Delaware
Texas
J. S&s. Bache
Orvis Bors
Hubbard Bros
Whitney
Call Money
PNTRA
Rown
Arch Top
Santa Fe
Atlantic Coast Line
Baltimore and Ohio Ranty
Bethelhem Steel
Chesapeake and Ohio
Chic Mil
St. Paul
Chio and
Northwestern
Chrysler Motor
Ser Ee
Coca Consolidated Gas
Freeport-Texas Co
Great Northern
Inter Nickel
Kelly Springfield Tire
Kennecott
Tex
Montgomery Wardes
Hartford
Ags Northern Pacific
Pennsylvania
Pierce-Arrow
Radio Corp
Republic I and Steel One
Reynolds
Southern Pacific Wise Oe
Southern Aycabanachee
N J Fr
Stewart Warner
Eeepee
Studebaker Corp
Texas Company
Texas Gulf
Westinghouse Elec
White Motor Co
Art
Willys Overland Serene
Woodworth and Co
Vick Chem
Victor Talkee
Gratin
Kinney Shoe
BIG Shoe Corporation
G. R. Kinney Co., Inc
E. H. Krom
Kinney
Collegiate
Oxford
Lincs
Goodyear West
Sanity Ito O.ralnale Oi Riski
Fashion Park
Schloss Bros
Cannon-Fetzer Co
Knox
Stetson
Schoble