Stock Market Ends Week With Gains At Close
The market closed with notable gains across many blue chips as weekend profit-taking subsided. Volume was lighter than a week ago with 1,850,450 shares traded, while steel, utilities, and construction stocks led advances aided by short covering and merger hopes.
MENTIONED IN THIS ARTICLE
New York
Cotton is Quiet at New Orleans in Quiet Session
The New Orleans cotton market May 19 showed a calm session with narrow price moves. Liverpool cables were weak, July and new crop months tied to straddles, Texas storm warnings triggered a midday rally, and the market closed steady with small gains.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
New York
Texas
Woman Pearl Diver Claims Equal Rights in Japan
A Japanese woman asserts equal rights with men as a pearl diver. She begins diving before age 15 and participates in retrieving oysters from depths exceeding 25 fathoms, showcasing early training and capability in the industry.
MENTIONED IN THIS ARTICLE
Japan
Cottonseed Oil Futures Steady Ahead of April Consumption Report
The New Orleans market showed steady but quiet cottonseed oil futures as traders awaited the April consumption report due early next week. Prices closed with prime yellow oil at 7.85 and prime crude at 7.12 to 7.25, with May at 7.90 and subsequent months near 8.01 to 8.12.
MENTIONED IN THIS ARTICLE
N. O
Cottonseed Oil
New Orleans
Turpentine and Resin Trade Figures Released
In Jacksonville on May 10 a naval stores report shows turpentine at 44 1 4 percent with sales 250, receipts 354, shipments 81 and stock 13 724. Resin figures list sales 607, receipts 1 217, shipments 3 579, stick 55 991. Quotes for various grades range from 505 to 710 with letters D E F G and K to M.
MENTIONED IN THIS ARTICLE
Naval Stores
Jacksonville
Fla
Cotton and Wheat Rallys Amid Mixed Market Signals
New York estimates show early cotton declines tied to Liverpool cables, then midmorning rallies on week end cover and rain worries in the central belt. May cotton closes 16.35, July 16.50, December 14.89, with overall market firming modestly. Wheat rises on lower yield expectations and damp Southwest crop prospects, while corn and oats inch higher and provisions mostly steady.
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New York
Liverpool
Liverpool Cables
Continental
Bombay
Chicago
United States
Active curb market stocks rally in brisk trading
Curb market trading showed renewed vigor with utilities oils and specialties leading advances. Electric bond and share issues rose on merger news with United Gas Co set to be declared operative next week. Gulf Humble Indiana Cities Service gained while Noranda and Newmont held firm and aviation stocks advanced.
MENTIONED IN THIS ARTICLE
Claude A. Jagger
New York
United Gas Co
United Gas
Gulf
Humble
Indiana
Newmont
Noranda
Bellanca
Fokker
Stock privilege bonds show strength in dull market
In New York May 10, stock privilege issues posted a solid showing as prices eased in a quiet session. Railroad bonds attracted fair demand among savings bank eligible issues, while most general averages sat above last Saturday's level. Convertible American Telephone and International Telephone bonds led gains, with Japanese issues pressured by a forthcoming $50 million government loan intake.
MENTIONED IN THIS ARTICLE
Donald C. Boles
New York
American Télephone
International Telephone
Philadelphia
Reading Coal and Iron
Warner Brothers
Japan
G%s
Tokyo
Tokyo Electrics
United States
Davidson Woman Buried Yesterday
Mrs. Audrey Inez Murphy of Thomasville route 1 died Thursday night of pneumonia at 32 and was buried yesterday at Mt Pleasant. She is survived by her husband Grant Murphy six children and her parents Mr and Mrs Sidney Moring. Funeral services for James Moses Nifong 81 of Midway township were held Friday at Midway Methodist Church. Nifong was a leading farmer and is survived by his son Harvey Nifong.
MENTIONED IN THIS ARTICLE
Thomasville
Audrey Inez Murphy
Route 1
Mt. Pleasant M. FP
Grant Murphy
Sidney Moring
Murphy
James Moses Nifong
Midway Township
Midway Methodist Church
Nifong
Harvey Nifong
Midway
Cotton goods markets muted as firms close for Baldwin funeral
Cotton goods were quiet in primary markets as major houses closed for the funeral of W. H. Baldwin, senior member of Woodward Baldwin Co. Week's sales lagged production. Southern manufacturers met with selling agents to readjust contracts and plan a 50 percent curtailment of output over the next two months.
MENTIONED IN THIS ARTICLE
Cotton Goods
New York
W. H. Baldwin
Dry Goods Commission House
Woodward, Baldwin & Co
Cottonseed Oil Market Mixed in New York Trade
In New York trading on May 110, cottonseed oil showed dull activity with little price movement. Old contracts closed unchanged, while new contracts varied from three points lower to five points higher.
MENTIONED IN THIS ARTICLE
New York
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