Stocks Rise as Market Firmly Edges Toward Close
Stocks regained firm standing led by rails and special issues in a dull session. Industrials and utilities firmed while Coca Cola and tobacco issues posted gains amid mixed moves in the market. Dow Jones industrial average up 1.56 to 271.47 and railroad average up 0.69 to 144.38 with about 2.09 million shares traded.
MENTIONED IN THIS ARTICLE
United Press
New York
Rails
United States Steel
Western Pacific
American Tobacco B
United Cigar
Harvester
Celotex
Coca Cola
Borden
Canada
Columbia Gas
American Telephone
American
Chicago Great Western
St. Louis
J. I. Gase
Auburn Auto
Gillette
Dow, Jones & Co
Bank and Treasury Clearing Figures from Major Cities
Indianapolis reports Friday bank clearings at 4.654 million with 12.347 million debits. Chicago posts 115.2 million clearings and 110.5 million balances. New York shows 1.20 billion clearings and 176 million balances with Fed credit at 176 million. Treasury net balance on May 14 stood at 86.41 million. May receipts to date 23.14 million and expenditures 9.24 million.
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Indianapolis
Chicago
United Press
New York
Clearing House
Federal Reserve Bank
Treasury
United Areas
Washington
New Orleans
Arch
NYSE Closing Prices and Net Changes Report
New York May 16 Closing prices and net changes of principal issues traded on the New York Stock Exchange today were as follows.
MENTIONED IN THIS ARTICLE
Callect Press
New York
New York Stock Exchange
Fruit and Produce Price List by Region and Type
A sprawling ledger of fruit vegetables and staples with prices and origins. Entries include Baldwin apples 202.05, Stayman and Winesaps with varied crate and box pricing, Grapefruit Florida crates at 6 dollars plus, Oranges Florida California and Valencia prices, Strawberries Arabs, Lemons Fancy California, Limes Florida, Bananas and other staples with regional notes from California Florida Texas Indiana Louisiana and beyond. The list also covers beets cabbage carrots cauliflower celery cucumbers kale lettuce onions parsnips peas peppers radishes spinach tomatoes turnips potatoes and more with figure ranges per crate box bushel or dozen.
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Baldwin
Stayman
Winesaps
Northern Spy
Ben Davis
Florida
California
Messina
California Naval
Valencia
Sane Fries
Alabama
D'Anjou
Georgia
Texas
Louisiana
Indiana
Colorado
Ocean
Bermuda
Parsiev
Southern
Arkansas
New
Tennessee
Grain bids at Indianapolis Board of Trade May 16
Bids for grain at the Indianapolis Board of Trade call lot prices f o shipping point with basis 4142. Wheat strong for No 2, No 2 hard and white mixed varying. corn bids show multiple white and yellow grades with assorted prices and car counts. Inspections listed 29 cars for corn and 26 cars for No 2 white and other grades, reflecting mixed market activity and regional rate notes.
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Indianapolis
P. Ob
P. O.b
Cincinnati
Louisville
Whensea
Eae
Local Wagon Wheat City Elevator Rates
Wheat prices at Wagon City elevators set at 97 cents for rough, No 2 hard red spring. Elevators report steady demand and firm bids for wheat one commodity.
Swine Market Slips at City Yards Amid Mixed U.S. Oddities
Hog prices eased in a spread of markets with 140 to 300 pound hogs trading from 10 to 1020 dollars and top paid at 10.25. Receipts hit around 6,500 with holdovers 758 as cattle and sheep markets varied and regional reports showed steady to stronger reads.
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Chicago
United Press Chicago
Bu United Press
FT. Wayne
Ind
United Press
East ST. Louis
Ill
Cleveland
Pit Times
Louisville
PohtrsBuRon
Nieeen
Dow Jones Summary of Stockholders Meeting and Corporate Moves
The Mermont Motor Company re elected all officers and directors at its annual stockholders meeting. Companies including Newton Steel, Colorado & Southern, ArmStrong Cork, Ansconda Wire and Cable, United Corporation, and Vulcan Detinning report various changes in shares, acquisitions, dividends, and quarterly results. The report covers stock splits, bond offers, and exchange offers with details on par values, percentages, and dates.
MENTIONED IN THIS ARTICLE
Mermont Motor Company
Newton Steel Company
Marriage Licenses Reported in AR Area
Marriage licenses issued include labor gp and Besey in AR Myge Soar tea Shel Robert Fortune 30 of 1043 North Pennsylvania salesman and Lou E Johnson 27 of same address JT E Bundy 28 Terre Haute salesman and Dogne G Shadiey 20 Webster NW Biecore 73 Glens Valley farmer end Della Galyean 73 11 St Cieir vd 23 1821 Rodriane Louise Mert 23 ft Re Ras
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Robert V. Fortune
North Pennsylvania
Lou E Johnson
JT E. Bundy
Terre Haute
Dogne G. Shadiey
Ebster
NW _ Biecore
Glens Valley
End Della Galyean
St. Cieir
Rodriane Louise Mert
Ft Re Ras
Stock Market Notes Favor Public Utilities Amid Regrouping
In New York on May 16 the stock market showed life mainly in the public utilities as banks regroup units. Employment appeared improved though not fully satisfactory. April saw the fewest strikes on record, and efficiency rose across labor and management. Prices fell, aiding living costs with a 10 percent catalog price cut cited by a major mail order house. Investors are urged to stay constructive despite recession.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
New York
Public Utility Division
Cotton Markets Report: New Crop Options Rise
New crop cotton options advanced on May 16 as heavy rains hit Oklahoma Arkansas and Texas. Covering pushed prices higher while some selling of July against new purchases occurred. Traders expect October and later months to rise on reactions amid ongoing weather risks.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
New York
Oklahoma
Arkansas
Texas
Markets Report On Eggs Butter Poultry Prices Across Cities
New York silos quote ample eggs and butter with mixed poultry markets. Chicago and Cleveland show steady egg and butter prices while Cincinnati notes steady butter and varied poultry rates. Regional ranges include New York turkeys 25 to 30 cents and broilers around 38 cents.
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Bay United Press
New York
Middle West
Long Island
Southern
Maine
Bermuda
Jersey
United Press
Chicago
Wisconsin
Minnesota
Idaho
Texas
Alabama
Louisiana
Bliss
Cleveland
Green Mountain
Wheat Moves Up as Export Sales Mount
Wheat rose on the Board of Trade with higher cables and reports of good export demand. Corn followed, oats higher, and provisions steady to lower. Liverpool closed up, Buenos Aires unchanged, and cash prices edged higher amid light receipts.
MENTIONED IN THIS ARTICLE
United Press
Chicago
Board of Trade
Liverpool
Buenos Aires
Grain price report from Chicago and Toledo markets
Times Special reports grain close and cash grain prices for wheat corn oats and barley in Chicago and Toledo on May 16 with bid and bid by samples and next day cash values. Primary receipts and shipments data for wheat corn oats and other grains are provided from Chicago and Toledo markets.
MENTIONED IN THIS ARTICLE
By Times Special
Chicago
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