United States Steel Leads Stocks Higher In Strong Market
Financials surged as heavy buying by wealthy investors lifted high grade issues led by United States Steel to a record price. Westinghouse, Du Pont, Eastman Kodak, ITT and Woolworth hit new highs while industrials and rails posted strong gains and total volume traded rose.
MENTIONED IN THIS ARTICLE
United Prene
New York
United States Steel
Westinghouse Electric
Dupont
Eastman Kodak
International Telephone and Telegraph
Woolworth Company
Federal Reserve Board
Furtner
Westinghouse
Radio
Bethlehem Steel
Simmons
American Can
International Telephone
Standard Oil of
Cotton Market News From New York Aug 23
Cotton traders faced a nervous session as the market showed bullish crop prospects. Garsides letter bolstered sentiment while showers in Texas raised apprehension and the technical stance favored an advance despite potential delays from rain.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon York
Garsides
Texas
East St
Qyucing
Market summary of dairy eggs poultry and cheese prices
Butter wholesale No 1 45 46c No 2 43 41c Butterfat 4éc Cheese wholesale prices per pound American loaf 40c pimento loaf 40c Wisconsin firsts 25c prime cream 37c Daisy 26c Longhorn 26c New York imberger 1c Eggs market firm receipts 5,344 firsts 36c to 43c. butter receipts 10,987 extras 40c. poultry market slightly lower Leghorns 24c ducks 21c geese 32c turkeys 30c. cheese Twins 22½c Young Americas 22 23c. CLEVELAND and NEW YORK markets listed with various prices for butter eggs and poultry.
MENTIONED IN THIS ARTICLE
Wisconsin
New York
Imberger
Erte
Hennery
Ria Ie
Bu United Press
Chicago
Nebraska
Minnesota
Sands
Ohios
Long Island
Jersey
Southern
Turkeys Sea
America
Avibak
Ares
Livestock market receipts and prices across multiple towns
Hogs, cattle, calves, lambs and sheep receipts trend higher in EVPLAND and WAYNE markets with varied weights. Hogs up to around 11.75 13.15 per hundredweight, cattle and calves mixed, vealers strong, lambs 13 to 14.50, sows around 9 to 10. Sheep and hay markets show steady to firmer quotations amid demand. Wheat and corn shipments listed with figures for comparatives.
MENTIONED IN THIS ARTICLE
Evpland
Gil
Wayne
Ind
Louisville
Pork Market Prices Rise at City Yards
Hogs gained about a quarter, with 140 to 280 pound lots moving from $10.85 to $11.85 at the Union Stockyards. Chicago receipts totaled 9,000 with 2,000 direct. hogs overall 15 to 25 cents higher. Cattle remained scarce, weaners steady, sheep and lambs steady at near Thursday highs. top fat lambs around $14. Fat hogs and feeder offerings noted across markets from Chicago to East Buffalo and Louisville with varied weights and prices.
MENTIONED IN THIS ARTICLE
Chicago
Indianapolis
United Press
Railroads to become integrated transport services says Union Trust
The Union Trust Company of Cleveland envisions future railroads coordinating transport on roads waterways air, delivering a single integrated service. The magazine Trade Winds cites consolidation and aviation as key future elements with action likely within a year or fifty.
MENTIONED IN THIS ARTICLE
Union Trust Company of
Cleveland
Bids at Indianapolis Board of Trade for grain and inspections
The Indianapolis Board of Trade posted cash grain bids with basis 41 sc New York rate. Wheat prices for No. 2 red and No. 2 hard ranged around 1.27 to 1.29 and 1.23 to 1.24. Corn prices covered No. 2 white 96 2 97 5c, No. 3 white 95 4 96 12c, No. 2 yellow 96 12c, and other grades. Oats held steady at 39 40c for No. 2 white and 38 39c for No. 3 white. Hay bids showed No. 1 Timothy at 15.50–16, No. Timothy 15–15.50, and No. 1 light clover mixed 14.50–15. Inspections listed numerous cars by grade for Wheat, Corn, Rye, Barley, and mixed samples, totaling many cars and varied lots.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
Low. Close
Adams Mfg
Eeaceeesese Aes
All Am Mohawk
Allied Motors
Assid Invis Si
Bastian Bie
Bendix Aviation
Binks Mfg
Warner
Brack & Sons
Bright Star
Elec Brown
Butler Brosne Esecesese
Pei
Goldblatt Bros
Great Lakes Air
Hall Printing
Art Carter
Houdanle Hershy
Insull
Kaazoo
Seer
Lindsay Light
Meadows Mid En Deily
Monganta Chem
el Securities Tn
Seta Ee Service Rvice
Ms Ottomatic
Winton Aes Ase
Th Radio
Zent
New York Liberty Bonds
Tis
Owee Aeese Bs B
NEW York Corange
A Watt Eens
Bilk Corp
Ate Saftreatio
Comat Lin
Unipe Carbide
Balt & Ohio
Canadien
Ohio
Erie Ist Pf
Fel & Lt
Am Pr & Pu
Am Mob & Centr
Lehigh Valley
Soue Ag
Pac Light
NY NH Nor
Pacidc
É& West
Ated Corp
Gell Lithes Power
Pennsylvania
Mpicg
Southern Pac
S&Lé St Paul Oid
Ampas Rigarsas
Union Pacific
West Maryland
Orifornia
Igi
Goodrich Tate Fleischmann Co
Goodyear
United States
Tr. Wiles
Am Car & Fdy
General Cig & Mevers
Eaton Axle
Chrysler Corp
Borg Warner Graham Paige
Gabriel Snublers
General Motors
Hudson Eaves S
Willys-Overland
Am ‘Am Smelt & Big
Calumet & Aziz
Calumet & Hecla
Cerro de Pasco
Granby Co
Howe Sound
Ie BT
Kennecott
Miami
New
Texas
Gul Snl
Cecevases
Indo One & Gas. Oy
Trass
Phill
Idewater
Texas Corp
Texas C & O
Transcontl
White Eagle Industrials
Ady Rumsey
A Chalmers
A M Byers
Armour A
Amerian
Alleghaney Corp
Am Safety Raz
Am _ Woo is
Contl
Osley
Congoleum Eesce
Davidson Chem
Montgom
Natl C R Radio Keith
Owens Bottle
Indianapolis Board of Trade
New York
Timothy
Bullish Trend Felt in Wheat Futures Trade
United Press reports Chicago market strength on August 23 driven by higher foreign cables and better export prospects. Wheat gains 2.5 to 3 cents, corn up 0.5 to 1 cent, oats 0.5 to 0.78 cents, with strong activity as traders price in large supply declines and drought notes from Argentina.
MENTIONED IN THIS ARTICLE
United Preas
Chicago
Argentina
Canada
American Northwest
Liverpool
Kansas
Nebraska
Wheat Prices Rise and Fall in Market Notes
Market prices list wheat at 161, corn 87, oats 197, rye 19, and barley 33 in a Times Special Bo One bulletin.
Fruit and Vegetable Prices From Indiana and California Markets
A readable list shows varied prices for fruits and vegetables across regions. Apples and grapes with crate and bushel rates, peaches from Alberta and Hiley Seiles, raspberries from Michigan, and citrus from California and Jamaica. Homegrown staples include cucumbers lettuce and tomatoes with per dozen or per bushel pricing, plus several regional notes such as Indiana and Washington crate values.
MENTIONED IN THIS ARTICLE
California
Malagas
Jamaica
Valencia
Indiana
Michigan
Washngton
Washingtons
Market Opens Higher as Oil Stocks Lift Stocks
Stock market gains at the open with broad strength in many issues led by oils as investors expect supply draws under California gas rules and await Chicago reserve rate news. Profit taking appears scattered and limited, with no sign yet of a major shift from strong investment holdings amid mixed international signals.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
New York
Chicago
Local Building Permits and Costs Listed
A roundup of permits issued for dwellings additions remodels and reroofs with names and addresses. Notable items include R Treeter at 939 Albany for 1.50 and 2001 Sou State for 1000, F Miller 5710 Carrollton 14200, Krause 5313 5317 5321 English all 3650, Lang 1828 South East reroof 225, and others including Keystone Washington addition 1500 and Columbia National Fire Insurance wall 400.
MENTIONED IN THIS ARTICLE
er.Zuu
J. Krause
Fred Lang
South East
Henry Reger
Keystone
Washington
Columbia National Fire Insurance Company
Wall
W. G. Flack
North Capitol
William McCauley
North Sherman
Rail securities data show bond dominance in six year survey
A Stone & Webster Blodgett survey finds bonds compose 86 of every 100 dollars of US railroad securities issued in six years. Bond issuance totals 3.219 billion dollars, common stock 352 million, and preferred stock 170 million.
MENTIONED IN THIS ARTICLE
Stone & Webster and
Blodget, Inc
Brokers Loans Hit New Peak At 6.085 Billion
Washington reports brokers and dealers held a record 6.085 billion in loans for the past week, signaling partial failure of the Fed’s credit curb. The rise followed a 6 percent rediscount rate move by the New York Fed and is attributed to heavy corporate lending and new stock issues pushing up market activity.
MENTIONED IN THIS ARTICLE
United Press
Washington
Federal Reserve System
New York Reserve Bank
Reserve System
Wall Street
Federal Reserve Board
New York
Bank Clearings Reported Across Cities
Indianapolis reports Friday clearings and debits totaling 3 002 000 and 8 294 000 in balances. Chicago shows 108 200 000 in clearings with 85 000 000 balances. New York totals 1 451 000 000 in clearings with 175 000 000 clearing house balance and 156 000 000 federal reserve credit balance. Washington notes net balance for Aug 21 and customs receipts for the month reaching 437 569.10.
MENTIONED IN THIS ARTICLE
Indianapolis
Aunge Pere
Chicago
United Preas
New York
Clearing House
Federal Reserve Bank
Treasury
Washington
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American Centra
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Eetesea
Ind Power Co
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I Equitable Sec Co
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Pi Ini Hotel Co
Claypool Co
Ind Serv Corp
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Irdpls & Northwin Tr Co
Saseccecoes
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Ster
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