Wall Street Surges to New Highs on Late Buying Surge
In New York trading, late buying boosted the Dow Jones and broader averages to fresh peaks. The market opened steady and closed with gains as major industrial and rail stocks rose, while insurance and consumer shares showed strength amid a busy session with high turnover.
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Fey
Dow Jones Averages Slacken in Mixed Trade
New York brief notes Dow Jones averages showing slight declines in rail and utility groups as traders weigh market signals. Investors monitor S&P activity amid a fluctuating session with minor moves across major indices.
Hold Line on Cal-Vet Aide Asks Foregoing Extra Bond
California’s Veterans Affairs chief urged lawmakers to resist broadening the Cal-Vet program for more bonds and new authorizations. The Farm and Home Loan program, since 1921, has loaned over $2 billion to veterans, with about 212,000 participants, and currently holds a $45 million surplus.
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Calfornia
Veterans Affairs
Joseph M. Farber
Laymskers
Farber
Senate
Fact Finding Committee On
Povernamental Administration
Stanley Arnold
Susanville
Arnoll
Arnold
Market Update Highlights Mixed Trading Day on Exchange
Standard and Poor index shows small gains while price levels advance on some stocks. U.S. market activity featured higher prices overall with a decline in both trading volume and issues. About 1,810,000 shares traded, with 805 up, 245 down amid uneven commodity and banking sector movements.
MENTIONED IN THIS ARTICLE
Ameritad Exchange
Develo
Unclear regulatory debate on veteran loan programs and prices
A fragmented report discusses expanding veteran loan access while fearing broad low income eligibility. Allan Martin of the VFW urges a defined line, amid remarks by a Pacific Coast Exchange official and a savings and loan vice president. Market notes on citrus prices appear in a separate fragment.
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Farber
Allan Martin
Veterans of Foreign Wars
Savings and Loan
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