Bond Market Rises Amid brisk week of trading
The corporate bond market moved up this week led by railroads while U S government bonds fell further. Long term Treasuries suffered the most with a 30 year 319s down to 110 10 32. Foreign issues showed strength as Italian and German bonds led gains. Missouri Pacific liens seek 66 million back interest. Virginia Highway Commission plans a 95 million dollar 40 year revenue issue.
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New Y
U.S
Treasury
Uncle Sam's
Associated Press
Missouri Pacific
Baltimore & Ohio
Lahigh Valley
Lackawanna
Big Four
Virginia State Highway Commission
Foenese
Barannock River
Grey's
White Stone
Commission
Southern Railway Co
Steel and Auto Sectors Signal Broad Economic Upturn
U.S. industry shows momentum with steel and auto output rising toward a half million cars monthly. Ford and Studebaker ramp up production while dealers report lean inventories, and unemployment is forecast to fall below three million as construction and retail activity strengthen.
Security Quotations Seeer Pas 2 Or
The fragment seems garbled with repeated terms and no clear event or names to summarize. The readable bits mention Security Quotations but lack concrete persons, places, or organizations to anchor a proper card.
Tobacco Prices Slip Amid Quality Decline on Old Belt Markets
The Federal State Market News Service reports North Carolina Virginia Old Belt prices were firm to slightly higher despite a quality drop. Week sales reached 30,172,729 pounds at $51.44 per hundred, down $1.34 from last week, with season totals at 147,262,962 pounds averaging $53.88. Volume was heavy on large markets, weaker on smaller ones, as low and poor leaf drove average declines.
MENTIONED IN THIS ARTICLE
Federal State Market News Service
North Carolina- Virginia
Virginia
North Carolina
Middle Belt
Plant safety promise from atomic power expert
In Bethlehem on October 23 a scientist from General Electric's Atomic Products Division stated that nuclear reactors for peacetime power can be designed as safe as conventional plants. He addressed the American Society of Sentences at a meeting and reassured residents living near plants.
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Bethlehem
Wth Generel Ieeetats c Co
Atomic Products Division
American Society of Sentences
Stock Mart Advances Amid Mixed Week News
The stock market moved higher early in the week, rails leading gains before profit taking trimmed some advances. Investors shrugged off election outcome concerns as Democratic victory expectations appeared priced in, with many firms reporting extra dividends and strong earnings while some laggards appeared. Studebaker and Plymouth reported sharply higher orders for new models.
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New York
Local Banker Publishes Thesis on Dealer-Based Auto Financing
Bland W. Worley vice president of Wachovia Bank and Trust Co. completed a three year executive program at Rutgers Graduate School of Banking. His thesis Automobile Financing by Commercial Banks on a Dealer Basis will be used by Rutgers American Bankers Association and Harvard libraries. He attended two week summers in New Brunswick and is enrolled in UNC Chapel Hill executive program with courses on managerial accounting economics organization government and financial management.
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Bland W. Worley
Preusbean
Fof
Wachovia Bank and Trust Co
Comercial
Library of
Graduate School of Banking
Rutgers
American Bankers Assn
Harvard University School of Business
Poe
New Brunswick
N. J
Worley
School of Business
University of North Carolina At Chapel Hill
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