Stock Market Ends Week With Caution Before Labor Day
New York trading Friday shows a cautious tone with irregular moves and light volume about 2.68 million shares. The Dow fell 0.88 to 625.22 and the AP average slid 0.20 to 220.60 as key issues fluctuated and Pennsylvania Railroad rose 7.5 percent on news of a strike ending its second day.
MENTIONED IN THIS ARTICLE
New York
Associated Press
American Motors
Alleghany Corp
Pennsylvania Railroad
New York Stock Exchange
Treasury
Columbia Gas
Katy
Pennsylvaniana Railroad
Union Tank Car
Armco Steel
Cities Service
Consolidated Edison
Pacific Gas & Electric
United Gas
Dow Jones closes with 625.22 after wide stock range
New York reports the Dow Jones industrials at 625.22 with 30 stocks at 625.85 to 629.17 intraday, while rails utilities and bonds show minor moves. Transactions in the averages show 287,200 total shares traded across industries railroads utilities and others.
MENTIONED IN THIS ARTICLE
New York
UPI
Dow- Jones
Over-the-counter quotes and market listings snapshot
A dense compilation of over-the-counter bids and asks, with numerous named securities from Citizens National Bank to Western Gas etc. along with bid and last price data. The document also includes a monthly update of market activity, plus a long field of stock and bond references and a Labor Day weekend note.
MENTIONED IN THIS ARTICLE
Rauscher, Merce and Co., Inc
Citizens National Bank
Colorado Interstate
Franklin Life Ins
One Star Steel i
Ayroxas Eastern
von Bhi
Toreador Royalty Pinetpe Og
Western Fire & Ind
Western Natural Gas
JBM Inenere Exploration
Bond Market Tidbits From New York and Wall Street
Mixed activity on the New York Stock Exchange and U.S. Treasury market.
Cotton futures rise on mill demand despite late movement
Cotton futures closed higher on trade and mill demand amid late movement of the new crop. Spot cotton in Dallas Galveston and Houston held steady while New Orleans, New York and Orleans markets showed mixed closes. Cottonseed futures remained near unchanged with modest gains and varied bids.
MENTIONED IN THIS ARTICLE
New York
South
Commission House
Dallas
Galveston
Houston
New Orleans
Finch
Livestock Prices Drift Higher Amid Mixed Demand
Chicago livestock markets saw a broad upturn with brisk demand for about 2,000 head. Cattle and calves traded mostly steady to higher. feeder calves and stock steers rose. Slaughter cattle and bulls stayed firm, with lighter weights and vealers remaining strong. lambs sold at 15 to 18 dollars with limited supply. Fort Worth offerings paralleled gains in utility cows and feeder calves, while stocker classes posted modest advances.
MENTIONED IN THIS ARTICLE
Hicago
APO
Daya
Fort Worth
Oil search traces cars in Dutch New Haven
An old oil exploration effort dating to 1931 is noted with mentions of companies and potential assets in the Dutch New Haven area. The record cites numerous firms and stock figures, indicating a broad, if fragmentary, financial snapshot of the industry at that time.
Lottery Tickets Not Legal But Popular in Hillside
In Hillside New Jersey AP report, Magistrate Henry Goldhor learned how popular sweepstakes tickets are as he fines George J. Gombos 45 for possession. The audience admitted ownership of tickets with seven raising hands and fourteen saying they had never bought any. The $50 fine was suspended.
MENTIONED IN THIS ARTICLE
Hillside
N. J
Henry Goldhor
George J.gombos
Goldhor
Gombos
Four former airliners sold for scrap in Newark auction
Four Transocean Airlines Stratocruisers once valued at 14 million dollars were sold as scrap for 105000 dollars. The aircraft were auctioned by Airline Equipment Co. in Newark after Transocean left business earlier this year.
MENTIONED IN THIS ARTICLE
Oakland Calif
Transocean Airlines
Airline Equipment Co
Newark
Transocean
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