Heavy stock buying boosts New York market on Oct 31
Active session with 1,346,600 shares traded features big gains for Studebaker Hudson Willys Overland and Dodge Brothers as prices hit year highs. Strong performances from Stude Hudson and several rail and utility stocks, plus high priced specials, mark a buoyant market amid earnings reports and bond reorganization news.
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New York
Studebaker
Hudson
Willys Overland
Dodge Brothers A
Dodge
Southern
Atlantic Coast Line
Louisville
Pennsylvania
St. Paul
Kuhn, Loeb- National
Loose-Wiles Biscuit
Sharp decline in cotton market beats early trading
Cotton futures open lower with January at 18.11 and March 18.34 as bears push prices down 44 to 50 points from yesterday. Traders cite easier southern basis and hedge selling, while late session offers fade and recoveries appear on the weaker contracts.
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New York
Shorts
Manchester Cables
Lolita's Red Shawl Draws Manuelito Toward Seville
In Seville on Calle de las Sierpes the famed matador Manuelito and rival Gregorio vie for glory and romance. A dazzling dancer known as Lolita, la Sevillana, captures Manuelito's gaze with a red shawl and bold gaze, prompting him to seek her tonight as Gregorio returns from Madrid for Thursday's corrida.
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Hernandez
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Anda
Juan
Hombre
Cotton markets steady as raw goods calm
Stock analysts noted business pending in cotton goods but not likely until raw material markets settle. Raw cotton traders shared a similar view on domestic goods. At week’s end 251000 bases were on shipboard versus 206000 last year.
Cotton Goods Prices Fall On Break. Merchants See Demand Rise
The break in cotton caused lower cloth prices with wide print cloths dropping one cent a yard from a month ago due to larger offerings. Merchants report heavy consumption ahead as oil cloth, bag and auto trades push interest in larger lots. Yarns also marked one cent a pound lower.
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New York
Market Trends in Textiles and Raw Materials
Trading markets show household linens in weaker demand while worsted men’s wear advances. Outer wear remains in heavy demand in secondary channels. Silk holds steady as rayon mats expand. Jute mills in Calcutta report curtailment plans, burlaps stay firm.
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Calcutta
Cottonseed Oil Prices Dip on Liquidation Pressures
Cottonseed oil softened as market liquidation set in amid cotton weakness and cheaper competing oils. Closing bids showed losses of 3 to 9 points with 5,300 barrels traded. prime crude at 8.12 percent and spot bids at 9.50 for prime summer. December, January, March, and May bids ranged from 9.38 to 9.77.
MENTIONED IN THIS ARTICLE
New York
Nansen Elected Rector of St Andrews University
Dr Fridtjof Nansen the Norwegian explorer and humanitarian was elected rector of St Andrews University in Scotland. He won 216 votes to John Galsworthy's 160 as the ancient university entered a new leadership phase.
MENTIONED IN THIS ARTICLE
ST. Andrews
Scotland
Fridtjof Nansen
St. Andrews University
John Galsworthy
Peru Accepts 7.6 Million Dollar Loan From U.S. Interests
Lima reports both chambers approved a seven million six hundred thousand dollar loan to the Peruvian government. The loan is secured by petroleum revenues.
MENTIONED IN THIS ARTICLE
Lima
Peru
New York
Congress
Notable Rectors at 1411 Academy Highlight Historic Honors
The 1411 academy has long seen its rectors as top honors in the academic world. Past leaders include Rudyard King and Sir James M. Barrie, marking the institution's esteemed lineage.
MENTIONED IN THIS ARTICLE
Academy World
Rudyard King
James M. Barrie
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