Stock Market Gains on Slow Ticker Tape
New York August 12 The stock market edged higher in a creeping recovery with many issues adding fractions to key gains. Ticker tape slowed and trading light near the close, while bonds were uneven and cotton and grain futures fluctuated. Major industrials and automakers, including General Motors and Bethlehem Steel, saw activity amid cautious optimism about the export outlook and potential film tax developments.
MENTIONED IN THIS ARTICLE
York
A.P
Us 8
Steel
Bethlehem
Youngstown Sheet
Chrysler
General Motors
Tea Motore
Montgomery Ward
Woolworth
Santa Fe
Southern Pacific
Southern Railway
Norfolk & Western
Western Union
Standard Gas
Tu Pont
Johns-Manville
Allied Chemical
American Smelting
International Harvester
Douglas Aircraft
Curtiss-Wright
Boeing
Shell Union Oil
American Woolen
Twentieth Century Box
Paramount Pictures
Texas Pacific Coal and Oil
International Paper
Southeastern Greyhound
Lst
Commertes
Chicago
Oil Firm Sells Out Marketing Facilities
S B Mosher president of Signal Oil and Gas Co announced that the firm's marketing subsidiary Signal Oil Co has sold its marketing facilities and business to Standard Oil Co of California. The purchaser will keep Signal Oil Co policies and use the Signal name for product advertising. Signal Oil and Gas Co will remain independent in ownership and operation. No stock is or ever has been owned by Standard Oil Co. The parent company will focus future growth on crude oil and natural gasoline production.
MENTIONED IN THIS ARTICLE
S. B. Mosher
Signal Oi & Gas Co
Signal Oi Co
Standard Oil Co
California
Mosher
Signal Oil Co
Signal
Signal Oil & Gas Co
Standart Oil Co
Signal OW & Gas Co
Board of Education Discards Hot Coats
Gentlemen at the Board of Education session discarded coats while white shirts and neckties were worn. President Eugene Tincther Dr Walter H Boyd Dowight C Sigworth and Superintendent Douglas A Newcomb shed coats. George Vermillion kept his on along with a newspaper reporter.
MENTIONED IN THIS ARTICLE
Board of Education
Eugene Tincther
Walter H. Boyd
Dowight C. Sigworth
Douglas A. Newcomb
George Vermillion
Stockyards Strike Postponed One Week
CHICAGO Aug 12 A strike by 450 livestock handlers at the Union Stock Yards and Transit Company was postponed for one week pending further negotiations on a 5 cent hourly wage boost and other benefits.
MENTIONED IN THIS ARTICLE
Chicago
Union Stock Yards and Transit Company
Tropical Storm Aims for Yucatan Channel Crossing
A tropical storm of intensifying force is forecast to cross the Yucatan peninsula today and enter the Gulf of Mexico tonight. Winds of 50 to 60 mph with a squall area up to 150 miles ahead of the center were reported by the federal storm warning service at 6 a.m. in Miami Florida.
MENTIONED IN THIS ARTICLE
Miami
Fla
Yucatan Peninsula
Gulf of Mexico
Federal Storm Warning Service
One Million Homeless in Kiangsu Province Floods
Official reports from flooded Kiangsu Province say more than one million people are homeless as rivers and canals overflow. Vast neighboring areas are damaged by summer floods.
MENTIONED IN THIS ARTICLE
Nanking
Kiangsu
Dog Delegate K-9 Corps Veteran Registered At Legion Meet
In Sioux City Iowa on August 12 Miggs a female doberman from the K-9 Corps who served in the war was registered as a delegate to the state American Legion convention and checked as a hotel guest. The dog owned by Mr and Mrs Ed Schwarz of Sibley Iowa was honorably discharged from the Coast Guard two years ago.
MENTIONED IN THIS ARTICLE
Sioux City
Towa
Miggs
American Legion
Ed Schwarz
Sibley
Coast Guard
New Parley on Strike Eyes Settlement at Bethlehem Yard
New York officials report potential reopening of talks on the Bethlehem Shipyard strike that has idled one yard and affected others. John Green of the Shipyard Workers Union and J M Larkin of Bethlehem discuss meeting with EH Ross Colwell of the U S Conciliation Service to pursue a resolution. Green seeks 13 cents per hour retroactive to last year after the union rejected a 12 cent offer tied to contracts.
MENTIONED IN THIS ARTICLE
New Yorke
Bethlehem
Associated Press
EH. Ross Colwell
New York
U. S. Conciliation Service
John Green
Shipyard Workers, Union
J. M. Larkin
Green
Livestock Market Report Los Angeles and Chicago
Auction notes show cattle and hog prices mixed with higher trends at times. Strong demand for feeders and slaughter cattle contrasts with slower midrange trading and steady to higher hogs and sheep values across markets.
MENTIONED IN THIS ARTICLE
Los Angeles
Angeles
Uit CP
Teedora
Aleery
Mediun
Ateera Haron
Heltarn
Owen
Chicago
Cangagg
Annie
Tony
Mecetata
Cankipnad Te Palkerk
Swiawle
Weighlz
Nowy Towlly
Rodney Lh
Ted Keesra
Helfers
bUlin Kerong
Souda
Elinice Hulfern
Feo
Rood Bart Enns
Ordinance Abolishing Budget Bureau Read for First Reading
City Council voted to repeal the ordinance that created the Bureau of Budget and Efficiency as a city department. The original measure was enacted by the prior council by AS to 4 vote, and the new majority supports repeal as substitute for requiring the deputy manager to provide an ample budget.
MENTIONED IN THIS ARTICLE
Bureau of Budget and Efficiency
Cornell
Sixth Plea for Eister Case Dismissal Fails
Washington August 17 UPI Federal Judge James W. Mavis rejected for the sixth time a defense bid to dismiss the passport fraud trial of Gerhart Eister, alleged No 1 Communist. He overruled a request for direct acquittal and denied declaring a mistrial.
MENTIONED IN THIS ARTICLE
Washington
UPI
James W. Mavis
Gerhart Eister
United States
Plane strikes geese forces emergency landing at Southwest
A National Airlines Stymaster with 25 passengers and crew aboard made an emergency landing at Southwest Airport after hitting a flock of geese. Captain Herschel Clark reported at least five geese struck the aircraft, one hole large enough for a head in the wing leading edge and another hitting the rudder.
MENTIONED IN THIS ARTICLE
Rh Pladelphia
National Airlines
Southwest Airport
Herschel Clark
Grain and Bond Markets See Mixed Opening Prices
Turbulent trading opens with grain futures down while bond and stock futures show early losses. Analysts note limited volume and a cautious tone as traders digest overseas cues and weather expectations affecting corn and wheat markets amid unsettled session in New York and Chicago.
Beta Theta Pi Alumni Organize at Miami University
An alumni association of Beta Theta Pi formed at a stag dinner at Officers Town Club. Officers elected: Raymond O. Neveau president, Dr Wm S Cheney vice president, Nelson Meck Cools Jr secretary-treasurer. Founding date August 8 1839 in Oxford Ohio. M S Walker Denver University 1914 was principal speaker. Members asked to notify secretary at 639 Flyst National Bank Ride to be placed on mailing list.
MENTIONED IN THIS ARTICLE
Beta Theta Pi
Officers Town Club
Raymond 0. Neveau
Wm. S. Cheney
Nelson Meck Cools Jr
Miami Universe
Oxford
Ohio
M.S. Walker
Denver
Flyst National Bank
Treasury Report from Washington August Treasury figures
Treasury data shows August month receipts of 9 333 145 and year to date 33 124 144 508 24. Expenditures total 127 059 020 11 this month with a year to date balance around 5 271 026 190 9. Major items include customs receipts and fiscal year totals with notes on over provisions and total restrictions.
MENTIONED IN THIS ARTICLE
Washington
Lion of the Treasury
U S Building in July Hits Record Peak
Private construction and repair work rose to a record 1 billion dollars in July, per the Bureau of Labor Statistics. Total construction activity reached 1.4 billion, up 16 percent from July 1946, with highway, street, and publicly financed buildings included.
MENTIONED IN THIS ARTICLE
U.S
Washington
Byreau of Labor
Cotton Market Shows Mixed Futures Before Weekend Trade
New York August 12 7 percent cotton futures trimmed gains as Texas demand and Gulf Coast crop prospects influenced prices. New Orleans and trading desks reported varied buying while selling pressure eased. Afternoon quotes settled lower by about one dollar per bale from earlier levels with December futures near 22.00. Market activity reflected cautious sentiment ahead of next reports and river belt developments.
MENTIONED IN THIS ARTICLE
Guicago
Nataly Ative
Saneieeatoun
Cork Man
Aon
Zina
BBC
New York
Ang
Furtier Min
Texas
New Orleans
Loun
Dee
Tanah Delpharve
Deramior
Marcen
Bidath
BERD
OU Ootober Miiching Spor
Ian
Staples Price Trend Report Sparks Market Interest
Price index of staples commodities declined today with mixed readings across days. The report notes prior day values around 188.65 and week figures near 286.84, with monthly and yearly comparisons and several coded identifiers such as AK1.OL and 1 Led indicating data series or sources.
Hudson car prices rise at Detroit amid cost pressures
Hudson motor cars increased by 4 to 95 dollars today at Detroit. Hudson vice president George H. Pratt cited rising material and labor costs as the reason for the price hike. Hudson becomes the fourth manufacturer in two weeks to raise prices after General Motors Packard and Kaiser-Frazer.
MENTIONED IN THIS ARTICLE
Detroit
Hudson
George H. Pratt
General Motors
Packard
Kaiser- Frazer
Port Plant Branch at Weed Calif Sold to Long Bell Lumber
Amer ican Lumber and Treating Co owner of a Wilmington California wood preserving plant announced the sale of its Weed California plant to Long Bell Lumber Co The notice lists varied wholesale prices and market briefs for butter eggs poultry and other farm products from Federality Market News.
MENTIONED IN THIS ARTICLE
Weed, Calif
Chicago
American Lumber and Treating Co
Wilmington
Cali
Ita Weed
Calif
Long. Bell Lumber Co
Annelea
Fetellers
Sonn
Markets at a Glance Slow Recovery and Mixed Price Moves
New York market briefing notes a slow recovery with leaders in decline. Reports show fluctuating commodities with Cotton lower and Wheat higher on rains and prices. Copper and energy sectors display mixed signals as markets end with gains in some items and declines in others.
MENTIONED IN THIS ARTICLE
New York
Ave
Bonda
Heneminia
Tilain
TCAGO
Lowe
Bloudy
Also Mentioned on This Page
China Province
K-9 Corps
Eister
New York Stock Exchange
Dow, Jones
Pressa
Furvisnee
Ty Kortion & Co
Aiimpar
Pone
Sone Oh
Aio
Caro
iKvesno S & Bai
Ty Parke Daviez
Wtexka Cult
Alxa Careiar
iKrena Yi Parmelon
Nexna Gull & Beme
Abbott Ganaoays Onevder&Gen
Federat
G&g
Wiventone
Wei Ceewort
Ian Ms
OH Lehman
Ernie
Sumewell Co
Lima
Abi
Am Airlines
Clini
Ak Phitca Corp
Hnado
Ryan Fine
Rosa
Lawrence Corp
Nen
Ford Ray
Pinan
Macy
Hsrsuites Ag
Cole
Ait
Andy
Cory
Asner Alanie
MoSsiltette &R
Pullman
Arowel Sro
Louis
Comwich
Ms Joabel Brew
Mimi
Tiluy
Rayanlerie
Michigan
Auseer Ro
Gan Marcont
Valspar Corp On
Bing
MD Well Corp Mw
Northa Sty
Can BT
Mont Ward Imorkanto
Saat
Bolan
Aniecwnaglaye Alden
Moore
Wal & Samii
Nort Sen &M
Mullina
Faanawe, Inc
Articom Corp
Murray Carp
Capper
Heteharaa
Ate
Hercilen
Sayaga Arms Condoneiro
Merepan
Chiles Dist
Lenin
Thintitan
Ls Walgreen
Northrop Aire
Minde & Biz
Nat
Walworth Co
Warner Brow
Romin
Anne Waukesha Mir
Curh Rey
Jr West
Attia
Salt & ‘Ohta
Pavison
Ah Immans Co
Dayton
Bavnicoint
Madusenne
Wilion & Oo
Faterlake
Newmont
Wilton-Joner i
Doug
P&m
Mick Gun
Sperry Corp
IBM
Raninka
Oh Spiegel
Wyman
Arier
Tate
Yale & Town
Merle
Tony Bho
el Paso
Bintiy
Jy Wank
Butte
Empire
Ras Guk
Rata & Co
Byers
Pa Mills
Data Ang
Rs Vo Packard
Everest
Fanoa
Pan IX Dome Tx
Fairoka
Corp
Balra Y
Hyland
Slingstone
Copag
Bret Sui
Nordor Corp
Petroleum
Brenharts Mor
H Berke
Guy Fur Bichtic Ciny
Amon Cor TM Pag Finance Corp
Bo Bay Do Chak AG
Loh Vo
Latch Ae
Pre Gan & Hi Paw
Ak Oulty
Gsagl Ag
Broadway Dept al Pote
Chrysler’ Coro
Hepatiite Petroleum
Atre Dy
Kale M
Tne
Cranmerica
Amer Convonsated
Sleek
Richie Co
LL & N
Farnworth
Fk Ik
Xeler
Walwrth al, Ato & Die Witwalmmans
Dyzann Ania Ma General Motora Corp Sa Bo Oo Sontag
Adair HO
Hunt Stude Petratros
Ar Lana Walls Co
Pacific O Courte
St Austrana
Chile
Alantea
Juneau
Denmark
Riv
del & His
Bel L&w
P&l
Phil Co
Ryan
Bell
Plember
Ms.walker Eco
Treasury Report
Rau
Wholesaly Prieva
Cantamer Bykde
Bricewip Retniiers
Lashorn Prollors
Bank Clearings
Webics
Babson's
Wellesley Hills
Mase
E. F. Hutton & CO
East Broadway
Long Beach
Income Securities
Farmers & Merchants Bank
Black Hawk
Rath Packing Company
Waterloo
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