Stocks Divide Gains Losses Trade Quiet
New York May 5 Stocks ended mixed in a quiet market with little trend. The session saw gains and losses that left indices flat, with a trading volume around 550000 shares. Chrysler slipped after a weak earnings report while National Supply and Dresser Industries rallied. Major gainers included Standard Oil US Gypsum Union Carbide Douglas Aircraft Boeing, while losers included Atlantic Coast Line Amerada Petroleum Gulf Oil Hastern Air Lines Consolidated Natural Gas Homestake Mining American Cyanamid Allied Chemical Dow Chemical Bethlehem Steel General Motors Sears Roshuck Caterpillar Tractor and others.
MENTIONED IN THIS ARTICLE
York
Chrysler
Pacific Western
Dresser Industries
Standard Oil
No. US
Gypsum
Union Carbide
Douglas Aircraft
Boeing
Atlantic Coast Line
Amerada Petroleum
Gulf Oil
Hastern Air Lines
Consolidated Natural Gas
Homestake Mining
American Cyanamid
Allied Chemical
Dow Chemical
Bethlehem Steel
General Motors
Goorlyear
Sears
Roshuck
Caterpillar Tractor
Aluminum &Co. of America
International Petroleum
Pressed Metals
St. Lawrence Corp
Waltham Watch
Creole Petroleum
Fansteel
Lionel
McWilliams
Oil supply shift seen as Russia oil output rise
The United States may replace a large pall of Tranian oil moving into western Europe. Russia could obtain needed oil for defense plans and current output could nearly double its supplies. February crude production in Russia and its European satellites is estimated at 923000 barrels per day. Tran L. A. Stocks.
MENTIONED IN THIS ARTICLE
United States
Russia
Tran
General Petroleum
Ford No
Weil
Wilmington
G. P
Green River
Wyoming
Big Horn Basin
Slick Creek
Bureau of Mines
Carl E. Totten
Shell Oil Co
Los Angeles
Desk and Derrick Club
Alexandria
Iran oil nationalization seen risking U S rationing
Oil policy fear boosts tensions as Iran nationalizes its fields. Anglo Iranian and other properties valued at about half a billion dollars face upheaval. U S may face rationing and shipments to western Europe, with Iran producing about 701000 barrels daily and total regional output around 1.56 million barrels.
MENTIONED IN THIS ARTICLE
Abaflan
Iran
Ernest O. Thompson
Texas Railroad Commission
United States
Europe
Grain Market Report Shows Small Scale Selling Amid Volatile Wheat
Grain markets show low scale selling on wheat amid volatility as prices retreat and advance. Prices for May and September futures edge up or down with varied freight and storage costs noted. livestock and eggs listed with limited movements and mixed buyer activity.
MENTIONED IN THIS ARTICLE
Tepresenia- Lyre
Seling
Poe
Igwer
Cattle and Lamb Prices Drop Amid Higher Receipts
Market report notes a 15 percent rise in receipts from the prior week with all cattle classes down about 1.70 to 3.00 and heavier declines in weights over 200 pounds. Hog prices eased around 30 to 40 cents, with butchers mostly down a half to one cent. Lambs, veal, and dairy stock also weakened as slaughter demand cooled and stocker prices fell.
MENTIONED IN THIS ARTICLE
Chicago
Prises
Rontyyman
Butehera
Cate Fon
Mont
Tonetha
Sala
Jabie Rattia
Ting
OPR
Romplance
Alan SA Tower
Eanners
Rely
Shelly
Tate
Ron
Rat Salou
Aho Down
Loweet
Moody
Fnuntine
Cotton Marts Adopt Five Day Week In Summer Schedule
New York and New Orleans cotton exchanges closed today inaugurating a summer five day week through Labor Day. Cottonseed oil and soybean oil markets in New York also closed starting a summer five day week through September 15.
MENTIONED IN THIS ARTICLE
New York
New Orleans
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