Stocks Hit New Highs Amid Broad Market Buying
In a record breaking session on March 29, high trading lifted most rail shares and select industrials and utilities. U S Steel touched a new high on tax refund rumors, American Telephone rose toward a new peak aided by rights offering plans, while Studebaker fell to a yearly low as merger linked gains boosted other rail and industrial stocks.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
AP Financial
New York
U. S. Steel
American Telephone
General Electric
American Can
Allied Chemical
Union Carbide
Chicago Great Western
Atchison, Pennsylvania
Union Pacific
New Haven
Baltimore &Ohio
Wabash, Texas & Pacific
Great Northern
St. Louis Southwestern
Kansas City Southern
Katy
Western Maryland
Chesapeake Corporation
Alleghany Corporation
Studebaker
New York Stocks Mixed as Industrials Lead Declines
A chaotic list captures a day in the market with many firm quotes across Am Beet Sugar Am Can Vin Woolworth and more. Notable actions include Consolidated lists, Union Pacific and United Cigar Marks, while totals show 2,581,600 shares traded and varied percent changes across multiple companies.
MENTIONED IN THIS ARTICLE
Ck Bat
Buzari
Mmbcorge
Ice
Ermout Fiska
Armeur
Esc
Balto
Ohio
Atlantic Ref
Beth
Canadian Pac
Cannon Mills
Ches and
OCR
Ea Ss
Wonsolibap
Davidson Chem
Drugs Inc
Ea i Dupont
el Power and
Union Pacific
Cate United Cigar
U S Ind
U S Tobacco
Civanec Ee Univ Leaf Tobacco
Va Caro Chem
S.sese5
Ward Baking B
Sterne Dame Westinghouse Bloc
Western Union
Inc
Enee Willys Overland
Woolworth
Eensea. OE FotHow. Truck S
Int Harvester
T and
Igzett and Myers
Liggett and Myers B
Lorillard
Louis and
Nash M K
T Mo Pac
Monty Werd
Nash
Norfolk
Norfolk & West
Northern Pacific
Wonroig
Pan-Am Pete B
Pete
Ek Vliekik
Vy Pullman New
Ienaaus
RGOIO
Des Bee Ab
Porcine
Bk Sines
Eee Fra
Sinclair Con
Cescees
Pou Pacific
Sou Railway
CERN
Ee Hou Railway
Sceceesue
Studebaker
Sonaee
New Orleans Cotton Opens Steady Amid Drought Hopes
Cotton futures in New Orleans opened about steady with gains limited to drought influenced points. May, July and October contracts moved higher, led by October on Oklahoma drought fears, with prices near intraday highs before settling mildly higher.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Oklahoma
P.C
SMU survey shows 44 percent of male students smoke
Only 44 percent of the male students in Southern Methodist University in Dallas, Texas, use tobacco according to a recent survey.
MENTIONED IN THIS ARTICLE
Southern Methodist University
Dallas, Tex
Rail Stocks Lead Broad Market Advance In New York
Heavy buying pushed railroad shares to new yearly highs and expanded totals on the New York Stock Exchange. Major gains were seen in Chicago Great Western Rail road preferred and several big names like Union Pacific and Pennsylvania. Cotton opened steady with May and July climbing amid Liverpool buying and domestic demand.
MENTIONED IN THIS ARTICLE
New York
Mar
New York Stock Exchange
Chicago Great Western Railroad
Union Pacific
Pennsylvania
Atchison, Wabash
Maryland
Kansas City Southern
Katy” Common
Lehigh Valley
New Haven
Western Pacific
Alleghany Corporation
Liverpool
India
P.C
Wall Street Surges as Trading Records Fall Across Stocks
Record stock market volume and broad gains push U S Steel General Electric General Motors American Can American Telephone Atchison Union Pacific and Pennsylvania to year highs. Volume nears 2.79 million shares as American Telephone jumps $6.50 to 263.75 and U S Steel climbs to 193.50. Several issues post strong returns while Vanadium Ltd slips nearly 6.16.
MENTIONED IN THIS ARTICLE
American Telephone
General Electric
U. S. Steel Common
American Can
Union Carbide
Remington Rand
Electric Power & Light
U. S. Pipe
Kelvinator
Timken Roller Bearing
Moon Motors
Electric Auto Lite
General Refractories
New York
New York Stock Exchange
U. S. Steel
General Motors
Atchison
Union Pacific
Pennsylvania
U.S. &Tl
Radio
West Elec
United Aircraft
Union Pac
Chicago Great West Prd
Vanadium Ltd
Studebaker
Consolidated Gas
Elec Pow and Lt
Johns-Manville
Public Service of
N. J
Wheat Prices Rise on Drought Forecasts and Export Volumes
Chicago forecast of no general rains next week boosts wheat prices as Canada export quotations spread bullish sentiment. Winter wheat crop condition due to drought stands at 81.7 percent versus 82.7 a year earlier. Wheat closes unsettled with fractional gains, corn mixed, oats uneven, and provisions steady to lower.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
L&st
United States
Chicago Livestock Market Reports Mixed Week
U S Department of Agriculture figures show cattle receipts at 700 with higher prices for top fed steers and strength in bulls while lighter grades lag. Sheep receipts reach 7,000 with direct sales and bearish factors weighing on fat lambs, hogs steady though mostly lower than last week. Prices listed for weights and classes across cattle hogs sheep and sows.
MENTIONED IN THIS ARTICLE
Chicago
U. S. Dept. of Agriculture
Columbia University Honors Hickory Man
W B Shuford a 1929 Columbia University alumnus has been chosen as one of five seniors from the School of Business to join the Beta Gamma Sigma honor fraternity. He previously earned Phi Beta Kappa membership and played on the 1927 28 varsity football squad.
MENTIONED IN THIS ARTICLE
Chapel Hill
N. C
W. B. Shuford
University
Clas
School of Business
Columbia University
Beta Gamma Sigma Business Fraternity
Beta Gamma Sigma
Columbia
Shuford
Phi Beta Kappa
Woodberry Forest Club
Kappa Sigma Fraternity
Sigma Phi Epsilon Install Davidson Chapter This Spring
Davidson March 29 The Pyramid club a Davidson college social fraternity has been granted a charter by Sigma Phi Epsilon the national organization Preparations for initiation and installation of the Davidson chapter are set for April 3 to 5 Twenty one active members will join the national fraternity and 15 to 20 alumni will return for initiation Delegations from local chapters including John Parks traveling secretary and William L Phillips grand secretary will assist Chapters from North Carolina University Duke and N C State are sending more than 15 men each to aid in inducting the Davidson boys into the new order
MENTIONED IN THIS ARTICLE
Chambers
Taylor Bledsoe
Asheville
Walter L. Lingle
Davidson
F. L. Jackson
M. E. Sentelle
T. W. Lingle
H. B. Arbuckle
Pyramid Club
W. N. Porter
Cc. C. Orr. Jr
Pan-Hellenic Council
North Carolina
Mar
Davidson College
Sigma Phi Epsilon
John §. Parks
Record Fire Alarms Hit New High in Berlin
Berlin records 15 502 fire alarms last year a new high topping 1928 by about 4000 amid a brutal cold spell early in the year.
MENTIONED IN THIS ARTICLE
Berlin
No Law Covers Bad Rest Rooms Statewide
Enterprise Bureau Raleigh March 29. The State Board of Health lacks authority to force filling station operators to clean unsanitary rest rooms unless outdoor toilets exist. The Sanitary Engineering division will work with the Carolina Motor Club to urge voluntary cleanup and draft regulations for garages and stations for AA A adoption.
MENTIONED IN THIS ARTICLE
Carolina Motor Club
Board of Health
Miller
Italy Eyes Small Denominations To Ease Cash Traffic
Italy considers issuing smaller notes after the Banking Review says the 100 and 60 lire bills burden wallets and the 1 000 lire notes require folding many times, aiming to emulate U S practice.
MENTIONED IN THIS ARTICLE
Rome
United States
The
Banking Review
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Marty
Hes Couvecktr
Panama
Pop
Coldecker
Coldeckers
Gentleman Jim
Romany Rose
Slood
Port AU Prince
Cahkoots
Guy xOv
Crook
By Cowan
Gyd
Aoa
Michigan
Sheraton Hotel
Virginia
Washington, D. C
University of Tennessee
South Carolina
John P. Boughan
Chicago Livestock
National Social Fraternity
New Jersey
Hoboken
Serlin Firebugs
Happy
State Health Department
Italy
High Point Enterprise
Thas
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