Railroads Lead Market Rally With Broad Stock Gains
Bullish activity returned to the New York market as railroad shares led a broad advance. Many issues climbed 5 to 15 points, with major names such as New Haven New York Central Chesapeake and Ohio Lackawanna and Union Pacific trading at new highs. General Electric Detroit Edison and other utilities also hit record levels amid strong earnings and favorable traffic data.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
Associated Press
New York
Atchison
New Haven
New York Central
Chesapeake & Ohio
Lackawanna
Missouri Pacific
Union Pacific
Southern Pacific
Erie
General Electric
Detroit Edison
Peoples Gas
Philadelphia Company
American & Foreign Power
North American Co
Consolidated Gas
General Public Service
American Telephone
National Biscuit
Allied Chemical
Johns Manville
DuPont and
Bohn Aluminum
U.S. Steel Common
Westinghouse Electric
Auburn Auto
Vulcan
New York Cotton Opens Steady Amid Realizing Sell Offs
New York cotton opened steady with declines of 9 to 22 points as local selling and the belief that recent gains eased the market’s technicals pushed prices lower. By midmorning October fell to 19.03 and March to 19.506, with nerves and unsettled action noted. A private crop condition 73.1 and yield 15.740 million bales were cited. Liverpool’s market was quiet ahead of holidays.
MENTIONED IN THIS ARTICLE
New York
Liverpool
P.C
Grain market activity upbeat in Chicago trading
Potatoes receipts 45 cars on track 143 cars, total U S shipments 651 cars. Market trading fairly good and stronger. Irish Cobblers quotd at Kansas Missouri 2.50 to 2.80, mostly 2.60 to 2.75. poor stock 2.25 up. Virginia barrel Irish Cobblers 5.75 to 5.80.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Kansas
Missouri
Virginia Barrel
Dairy Prices In Chicago Market Report
Dairy products in Chicago on August 2 show butter receipts at 10 978 tubs with grade breakdowns 42 percent extras and 41 to 42 percent firsts while seconds near 38 percent. Eggs receipts total 12 284 cases with extra firsts 32 percent and firsts 31 percent and ordinary firsts around 29 to 30 percent.
MENTIONED IN THIS ARTICLE
Chicago
Wheat Prices Fall Then Rally In Chicago Market
Chicago trading sees a sharp drop in wheat on August 2 amid large receipts and looming railroad embargo risks. Heavy carryover limits storage, prompting widespread selling before a partial rebound. corn and oats also decline while provisions slip. Cotton futures in Liverpool show softening demand with American middling around 11.45 to 11.05 and steady futures drift.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Sugar Prices Steady in Quiet New York Market
Raw sugar held at 3.98 a hundredweight for spot duties paid and refined grade steady at 5.59 with re sale offers between 5.17 and 5.20 as markets remained quiet in Sugar, New York on August 2.
MENTIONED IN THIS ARTICLE
New York
Egg Prices in New York on August 2
The Egg market in New York reports firmer tone with total receipts of 18,264 from fresh gathered eggs. Class estimates show extras at 34 to 35 percent, extra first at 33 to 34 percent, and first at 32 percent. Pacific coast white eggs command 46 to 47 percent for extras and 44 to 45 percent for extra first.
MENTIONED IN THIS ARTICLE
New York
Pacific Coast
Richmond Woman Leaves $1909 for Pet Care After Death
A Richmond Virginia woman遗 left 1909 dollars in a trust to ensure her pet dog would receive care after her death. The bequest earmarks funds for the animal’s food medical needs and shelter.
MENTIONED IN THIS ARTICLE
Richmond
Hall's Suit Against Lavarre Set For Aug 22
Harold S Hall sues William La Varre to gain operating control of the Augusta Chronicle and related South Carolina papers. Hearing scheduled in Macon Ga on August 22 with transfer to federal court by judge Bascom S Deaver after La Varre’s attorneys argued lack of Georgia residency.
MENTIONED IN THIS ARTICLE
Augusta
Harold 8. Hall
William la Varre
Augusta Chronicle
South Carolina
Macon
Bascom
Deaver
United States District Court
la Warre
Georgia
United States
Franklin
Richmond Superior Court
New Orleans Cotton Opens Easier on Bearish Crop Fears
The New Orleans cotton market opened easy with a 2 to 4 point decline as traders anticipated private crop reports. October and December futures fell to 18.94 and 19.14 respectively, with prices sliding further into the morning. liquidation and favorable weather weighed on the market.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
P. C
Also Mentioned on This Page
Federal Reserve
Better Chain
Gt Foods
White House
van Camp
Smithfield
Armour
Laldwin
Balt
Ohio
Ches & Ohio
Chrysler
Cuba
Davidson
Houston
Lvill and
Nash
Lorillard
Monty Ward
Norfolk and West
Nor Pac
Packard
Pan Am
Phillip Morris
Pullman
Rem Rand
Reynolds
Schulte
Seaboard Airline
Sears Roebuck
Simmons
Sinclair Oil
Standard Com
Studebaker
Texas Corp
Tob Prod
UN Pac
U S Rubber A
U S Steel Ee
Vick Chem
Be Va Car Chem
West Unions
Willys Overland
Westinghouse
Chicago Grain
Hall
Lavarre
Carolina
East Commerce Street
Guilford County
Chuck Rib
Brookfield Butter
Black Hawk
Mie
Sample Furniture
Heywood-Wakefield
Southern Furniture Exposition
Heywood Wakefield
Heywood
Wakefield
Reed and
Kester Furniture Co
Heywood- Wakefield
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