New York Stocks Rise After Barkley Resigns as Democratic Leader
Stocks advance in final hour with rails aircrafts and rubbers leading gains after Senator Barkley resigns as Democratic leader in protest of Roosevelt tax veto. Santa Fe up about 3 points. Consolidated Volt e and Douglas lead aircrafts. Volume around 943,184 shares.
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Grain and Provisions Market Slips on Rye Liquidity Report
Chicago February 23 grain and provisions markets show a generally weak day with rye prices dropping more than a cent as liquidity fears rise. Reports that rye would not be used for industrial alcohol production reduced demand while wheat finished mostly unchanged to fractional losses across the board.
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New York Cotton Futures Ends Mixed After Holiday Pains
Cotton markets swung after holidays with gains of 5 to 15 cents late, prices at Mah 20.86 May 20.44 Jly 19.91, and overall futures closing 10 to 25 cents from earlier highs. Demand and hedge offerings influenced a retreat from early advances as profit taking set in.
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