Stocks Mixed as Canadian Pacific Leads Market Rally
Canadian Pacific Railway surged to a dominant market position with a 1 to 2 point gain, aided by its subsidiary Consolidated Mining & Smelting which jumped 10 points on the curb and a proposed five for one stock split plus a $4.50 dividend. The broader tape showed a narrowly mixed session with gains in Santa Fe, Northern Pacific, Sinclair Oil, and others while several issues including Nickel Plate and General Electric declined. Corporate bonds remained steady.
MENTIONED IN THIS ARTICLE
New York
Canadian Pacific Railway
Consolidated Mining & Smelting
Consolidated
Canadian Pacific
Armour& Co
Chicago & North Western Railway
Santa Fe
Northern Pacific
Sinclair Oil
Homestake Mining
International Nickel
du Pont
Goodrich
Admiral Radio
Zenith Radio
Nickel Plate
Texas Co
Union Carbide
General Electric
Bethlehem Steel
Studebaker
Brown Rubber
Dumont Lab “A
AP Commodity Index Climbs to New 1953 Peak
New York Dec 8 AP wholesale commodity prices rose for the sixth straight week led by grains and cotton. The Associated Press index of 35 key prices advanced to 196.20 from 195.72 last weekend and 199.64 a year ago. Industrials Livestock Textiles also moved higher while food declined slightly and nonferrous metals held steady.
MENTIONED IN THIS ARTICLE
New York
Lutios & Co
Jorary
Amere
Chan Arms
Morria
Musk
Alaska
Gay Allis
Avegn
Voor
Scranton
Jarvel
Burma
Sau Do Pew
Nat Sharon Sc
Marca
Pac Pet Lea
Bancoast Ol. Ag
Am Bosch
Lou
Nilaa
Sheller Miriver King
Cessna Aire Beenmond
Meer Vt
BC Assent
Doug Aue
Grote Braw
Ryan Aero
SA & Ray St Lawr Co
Ryan
Brett
Aoathern Ca
Mart Lab A
East Gas & F
Mesax & Guencer Keil
Electragea. W
Sonotone Bo Penn Gil
Ead
Fabelte A
Starrett
Banateel
Rad&p
Merck & Co
Sia
Tom
Hagia Dain Waltham Wi
East
Tateel
Tate
Brudebeler
Kaiser Grazia Oo
Uy Kiigator Kirby Pet
Rand
Asia
Sunray
Olle Thiel
Monarch Bch
Firth
Ameo
Monte Mont oRante
van Tie Armour Co
Motorola
Mueller
Gaivour Wien
Fhesunn
Corporation
Hue
Tex Gul Pr
Texas Cn
H&m
Oy Atchison O
Tex
Textron Tyro
Garrett
Peat Sr Sahede
Aviae
Thermoid Co
Tide Wat Az
Byrd
Timit & Bear
Say Sun
Beech
Nehl Corp. Mae
Genoe
Newport
SULSF
Benouet Best & Co
Curette
Chicago
Der
Hoge
Goodrich
Goth
Cawelun
Gran Payan
Carbonelle
lUn Eng & Won
Alice van Rood
Brazil
Evanitt
Genta Keon Primar
Denmark
Frere
Mexantes
Neamnad
Gulf
Gulf State
Toaibo
Tokyo
Lamba
Sina
Ale Hollanter
Utah
P&l
Carey
Dave
Ital Valant Carr & G Co
Zea Ab
Roe
Houston
Twin Coach Co
Lowe
Gorn
Detroit
Crlatex
Dee
Agul
Hudson
Hurt Foods
Park Woah & A
Il Pow Bay Penney
JC Panett & Ti
I Tt
Rat HO
Galenzo
Inapla
Pat
Gt St
ORE Ave
Bal ‘Ig
Peoples
Warren Bay
Brown Forman
Jam teDre
Warren Pat & Weights
Intercom
Ruby Os Petrol Ca
Bing
Razer
Kent
Aida Roe
Nelfera
Mixei Intereherrieax
ZheTie
Philip Bor
Philip
West Biles
AGG
Medurst
Mt Boty
Ned Naltas
Clark” Kauip
Pitestan
Wilson&e Co
Harris Seybold
Imiral Corpee
Garon
Dees
F&ie
Earlance Slaughter Lambs
Sheen
Jambr Welty Farkisi
York
Tain
Vat Berge
Om Crea
aebEng
Andy Alge
Senthy T Prime Krapp Monarch Sau Dee S
Nec
Exc
Amy Edis Boe
Sharp & Dohme Wn
Ak Reed
Onde Bt AO L. Beilance
Dow Kinbarly
Paciede Gas
Naim Bat Agit Rao Motors
Repub Ava
Ant & Tn
Beyn Mei
Rey Tob
Conkist St Peat
Biehfield
Vutec
Eas
Ikua
Lisa Fore
Lionet
Bob Fulton
Alrers Roch
G&e
Baye Copper Raj
Mari Curtiss Rett Cutler
Pat O
Qatar
Diana Sif
Biltmore Hotel Sale Approved to Corrigan Co
Stockholders of Biltmore Hotel Co approved its sale to Leo F Corrigan of Dallas for about 12 5 million The deal includes a merger with Corrigan Hotel Co and a hearing on the application set for Monday Corrigan offered 33 a share plus 10 in second lien notes contingent on 95 percent stock deposit 272143 of 285000 outstanding shares are in escrow and will stay open another week
MENTIONED IN THIS ARTICLE
Los Angeles
Biltmore Hotel Co
Leo F. Corrigan
Dallas
Texas
Biltmore
Corrigan Hotel Co
State Corporation Department
Monay
Corrigan
Grain Markets Report from ARH GRATY Chicago
Grain market notes from ARH GRATY Chicago show wheat inactivity with no bids. Prices listed include No. 2 spring around 1.86 and other entries at 3.00. Also appears to cite a cash feed and miscellaneous tonnage figures in a fragmented postal style.
MENTIONED IN THIS ARTICLE
Chicago
Cota
Laaerd
Boeth Soins
Cotton futures rise as December trade gains hold
Cotton futures closed about 35 cents higher per bale, with quotes showing firmer activity in New York trading. Extreme weather and market thinness contributed to volatility as the session ended, while traders awaited fresh price signals and demand indicators.
MENTIONED IN THIS ARTICLE
Cotton Market
New York
Dac
Staple Price Trend Report From York Market
In York, trend data shows wholesale price indices for staples, reflecting movements through December year markers. The report lists figures around 199.34 and 259.30 with a high near 378.70, indicating varying price levels in mid-century market tracking.
MENTIONED IN THIS ARTICLE
York
Dec
Saagee Mhouth
Sear
Woman Arrested in Extortion Plot
Beatrice Taplin, 32, an administrative chief in the Army Ordnance Corps inspection branch, was arrested by the FBI in a downtown New York restaurant for allegedly shaking down trucking firm Continental Transportation Lines for contracts. Prosecutors say she accepted $100 in bribe money from Kirby Hummel, chief manager of the company. Taplin previously worked at the Internal Revenue Bureau in Kansas City from 1943 to 1948 before joining the Army.
MENTIONED IN THIS ARTICLE
New York
Dec
Army Ordnance Corps Inspection Branch
FBI
Han
Miss Taplin
AOC
Internal Revenue Bureau
Kansas City
Tear Gas Ends Students Protest at NC State Coliseum
In Raleigh NC on December 8 police used tear gas to disperse a student protest at North Carolina State College's William Neal Reynolds Coliseum. About 300 students formed a barricade, blocked arena exits, and halted traffic after a two night dispute over how the arena was run. No injuries were reported. Chancellor J W Harrelson ordered a full investigation and predicted it would not recur.
MENTIONED IN THIS ARTICLE
Raleigh
N. C
North Carolina State College
Wiliam Neal Reynolds
J. W. Harrelson
Homes for defense crews aided by state
California will help solve homes for defense workers with plans to modernize and convert multiple family dwellings for low rent in districts lacking new construction. Robert Mitchell of Los Angeles, chairman of the 10 man state defense mobilization committee, said defense activities in critical areas have swamped facilities.
MENTIONED IN THIS ARTICLE
Los Angeums
UFH
of California
Robert Mitchell
Los Angeles
State Defense Mobilization Committee
Curfew Declared in Bataan Province War News
Manila reports the Philippine army imposes a dusk to dawn curfew on Bataan province to curb Huk violence in central Luzon. Civilians must stay indoors from 7 p m to 6 a m with troops stationed in towns and barrios and orders to shoot on sight for violators.
MENTIONED IN THIS ARTICLE
Manila
Dec
Philippine
Bataan
Bay
Luzon
Adenauer wraps British visit with praise and talks
Chancellor Konrad Adenauer returned to Germany after a five day trip to Britain. He met with Prime Minister Churchill Foreign Secretary Eden and other leaders and had a half hour audience with King George VI at Buckingham Palace. He said the visit outcomes were most satisfactory.
MENTIONED IN THIS ARTICLE
Adenauer
London
Konrad Adenauer
Britain
Germany
Ae West Corman
Teld
Churchill
Anthony Eden
George VI
Buckingham Palace
New York Exchange Transactions Briefly Reported
Readout of today's New York Stock Exchange activity features notable trades across core issues and listed curb market items. Market watchers note mixed volumes, with several AUT pretences prompting attention among traders and investors.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Markets At A Glance Economic Activities Report
The report outlines live poultry prices including young turkeys and meat birds, with market notes on butter eggs and poultry, plus references to commodity trends like cotton and general farm markets. It cites federal state market news service data and hints at price movements and consumer implications.
MENTIONED IN THIS ARTICLE
Doubicy
Ethulers
iKieen
Randy Wise
Dividends Vessels Arriving and Departing
Vessels arriving today include Vennet Beth and others sailing from Vancouver and Seattle. Tomorrow's list shows Boneventure and Marcos, with several ships bound for San Francisco and Brooklyn. Active port vessels as of 3 A.M. include Andros, Attica Mare, Yokotama Americag, and Cotton State with various routes and operators.
MENTIONED IN THIS ARTICLE
Wessely
Beth
Fur Dellum
Vancouver Blus Star Line
E'Ramonten Ec
Estero Bay Imperial
Deel
Vancouver Nderans
Bk Republic
Oid Baatan
Act
Ane Bevas Co Fee
Seattle
Beastar Ant
New Orleane Triton
Co. Deo
Pormona ‘Taranger
Nor
San Fran Incervenun Line
Fe Avent
Boneventure
Pan
Vancouver
Lundeberg
Useag
Gan Marcos Ginmum Carrier, Inc
San Marcos
Hawman Wholesaler
Jacob Schopenbeeh
Also Mentioned on This Page
AP Commodity Index
Biltmore Hotel
L.A. Stocks
Bandini Petrales
Gresrmerias
Amira
Pannsier
Ol & Gas
Jotat
Byar Agronait Leat Simearre
Pisande
Shell Union i el
Lo Dee
Cai
Superior Oil Co
Jin Bataan
Dow, Jones
NaOna Ambuciatzos
Dersernipa
Malo O Myerei
Ae Agtcul Auta Do Aviation
Ae Br Equip
Ds Metala
Frecke Haining Catadina
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