Improved Christmas Weather Stimulus Lifts Business Activity
Weather and holiday preparations spur a strong late-year rebound across steel coal auto and electric power sectors. Retail demand rises with Macy’s Herald Square record sales signaling brighter consumer activity though inflation fears loom alongside potential government controls and material shortages.
MENTIONED IN THIS ARTICLE
Total
Metropollan
Co Ying
Macy
Herald Square
New York
Carpet price surge echoes through home furnishings
The Business Mirror reports rising costs across carpet, linoleum, and furniture sectors as wool and materials shortages push prices. Carpet mills announce multiple price hikes amid tight mahogany supplies, wage boosts in auto plants, and a shift to synthetic fibers. Demand from new home construction grows even as prewar buying patterns shift.
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Sam Dawson
New York
Ae Rapids
United States
Argentina
Rail Shares Dominate Stock Mart
New York rail stocks led the market with rising prices as carrier issues gained, while overall activity stayed modest with most advances under 50 cents. The Associated Press average for 15 rail stocks rose to its highest point since 1931 amid demand driven by traffic, income, and favorable legislation. Strong movers included Pennsylvania R R, Baltimore and Ohio, Nickel Plate, Chesapeake and Ohio, U S Steel, Bethlehem Steel, United Airlines, Eastern Airlines, Trans World, J I Case, Zenith, American Woolen, and U S Gypsum.
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New York
Associated Press
Ivania R. A
Baltimore & Ohio
Nickel Plate
Chesapeake& Ohio
U. S. Steel
Bethlehem ‘Steel
United Air Line
Eastern Airlines
Trans World
J. I. Case
Zenith
American Woolen
U.S. Gypsum
Rug Replacement Market Returns to Prominence Next Year
A fragmented note suggests the rug replacement market may regain importance in the coming year, hinting at renewed demand and industry attention for flooring and decor sectors in the near future.
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