Bond Market Mixed in Torrid Rail and Metals Session
A squally day in the New York stock market saw rail shares under pressure while railroad stocks offered good selling, cotton firmed but grains weak. The British pound showed signs of stabilizing as early afternoon trading remained selective with some earnings driven declines. American Sugar and International Business Machines fell a few points with Sugar posting 1934 net of 3.56 and IBM 9.38 versus prior years. Anaconda hit 8, Kennecott declined with other non ferrous stocks little affected amid ongoing copper restrictions.
MENTIONED IN THIS ARTICLE
New York
Anaconda
Kennecott
Con
Market Trends Chicago March Coffee and Wheat Cotton Futures
Chicago market notes show butter and creamery grade distributions with varied percentages for standards firsts and extras. Wheat futures in New York opened steady with March to December contracts quoted around 11.13 to 12.1, while cotton futures gained points on Liverpool cues with May and July contracts near 11.20 and 11.25 and December around 10.93.
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Chicago
New York
Liverpool
Trade and Commission House
Water Works stock slides to new low for day
American Water Works faced a sharp drop trading in the afternoon as shares fell over a point to close near a seven dollar level. The public utility issue showed continued weakness in late trading after noon.
MENTIONED IN THIS ARTICLE
American Water Works
Danville Fire Official Endorses Pow-O-Lin Remedy
Danville assistant fire chief praises Pow-O-Lin for relief from indigestion dizziness headaches and chronic constipation after trying other medicines. He says it helped his wife mother-in-law and children and notes it tastes pleasant with no diet restrictions. The Pow-O-Lan man will be at Mann's Drug Store No 1 Saturday.
MENTIONED IN THIS ARTICLE
Mr. Scarce
Mann's
Deaths scattered by W Mack Eddinger in Thomasville
W Mack Eddinger aged 64 died early today after a heart attack two days earlier. He worked 45 years as a carpenter at the Mills Home. Survived by a wife six daughters and five sons with several relatives in Greensboro Newport News and route one. Funeral set for Thursday at Rich Fork Baptist Church with ministers Rev Ervin Rev Barre and I G Greer.
MENTIONED IN THIS ARTICLE
Thomasville
W. Mack Eddinger
Mills
W. P
C. C
R. G
Charles
Route One
L. V. Eddinger
Newport News
H. I. Grimes
Greensboro
Mesdames
W. G. Conrad
H. P. Conrad
J. A. Maresh
A. T. McDaniels
Hannah Eddinger
Rich Fork Baptist Church
Mr. Ervin
W. L. Barre
I. G. Greer
Mills Home
Chicago Livestock Prices Report March 13
Hogs total 15 000 with 5 000 direct, prices 9.25 to 9.45 for 200 lb plus, lighter weights 8.75 to 9.35 for 140-200 lb, slaughter pigs 7.25 to 8.75, sows 8.65 to 8.76. cattle 9 000 head, calves 2 000, steers 550-900 lb 10.26 to 13.50, 900-1100 lb 10.50 to 14.00, 1100-1300 lb 11.25 to 14.00, heifers 650-750 lb 9.50 to 12.00, cows 7.50 to 10.00.
MENTIONED IN THIS ARTICLE
Chicago Livestock
Chicago
U. S
New Orleans Cotton Rally Pushes Futures Higher
Cotton prices in New Orleans rallied early with May at 11.10 rising to 11.7, July up from 11.19 and Oct and Dec around 10.98 as optimistic Liverpool market cues and Senator Smith of South Carolina on government plans boosted sentiment. Trading remained brisk into the day.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Smith
South Carolina
Two Die In Mountain Auto Crash Near Asheville
J B Darlington a bond salesman from Indianapolis was critically injured when his car plunged 200 feet down a mountainside between Marshall and Hot Springs North Carolina. His passenger W D Combs also of Indianapolis died in the wreck. Local youths and a bus driver helped recover the victims as rescue efforts followed in freezing conditions.
MENTIONED IN THIS ARTICLE
Asheville
J. B. Darlington
Indianapolis
Mission Hospital
W. D. Combs
Darlington
Marshall
N. C
Hot Springs
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