Stock Market Mixed After Squeeze and Shifting Railties
The market showed tentative gains with oils, mail order shares, rails, and miscellaneous industries firm while popular favorites churned. Major issues like Standard of New Jersey, Texas Corp, U S Steel, Allied Chemical, Case, Air Reduction, and United Aircraft advanced, with others such as Montgomery Ward and New York Central rising modestly. Rail activity improved as freight volume hinted a rebound. Pennsylvania and New York Central reported weekly car totals up, and a shifting investment by Union Pacific into New York Central to Pennsylvania stock sparked tax-area speculation. The first hearings of the Interstate Commerce Commission were awaited in railroad circles. Total shares traded reached 1,194,269.
MENTIONED IN THIS ARTICLE
R Joe
Apyj
Rulix
Sandard
N. J
Texas Corp
U. S. Steel
Allied Chemical
Case
Air Rreduction
United Aircraft
Advance
Montgomery Ward
Pennsylvania
New York Central
Southern Pacific
American Telephone
Union Pacific
American Water Works
Texas Commission
Union Macificef
Coondze National Transportation Committee
New York Stocks Mixed As Markets Close With Small Gains
Trading on the New York Stock Exchange ends with mixed results as Ark Nat Gas, Ford Ltd, Gulf Oil and Newmont show modest moves. Hecla Mining and Heublein post small gains while several other names display uneven performance amid a cautious market.
MENTIONED IN THIS ARTICLE
New York
CUREK
Ark Nat Gas
Ct Sve Ptd
Sng Cop
Cressen
Kl B
Chicago Grain Market Close May May and July Notable
Chicago grain quotes recap from AP showing futures for wheat corn oats rye rye and barley across December May and July maturities. Prices listed include wheat December 44 3 4 to 7 8 May 48 45 1 8 July 48 3 8 to 1 2 Corn December 22 7 8 May 27 3 8 46 1 2 July 29 to 29 1 8 Oats May 1 4 8 July 17 5 8 20 3 4 Rye December 29 1 2 May 32 3 4 July 33 1 4 Barley December 25 3 4 May 32 7 4 July none trading Lard January 3 7 5 May 3 90 Relles January 3 5%
MENTIONED IN THIS ARTICLE
Chicago
Den
Relljies
New York Cotton Markets Show Mixed Day
New York December and January futures faced irregular but generally steady movement with midafternoon quotes near unchanged. March rose to 5.82 around noon before retreating to 5.76 as selling increased, while spot middling cotton stood at 6.75.
MENTIONED IN THIS ARTICLE
New York
Washington-bound hunger marchers parade through Detroit
Helmi Huttenen stands with 500 hunger marchers at Communist headquarters in Detroit as they head east from Seattle toward Washington. The group travels by trucks and cars, aiming to reach the capital by Congress opening on December 5. Roswell Drainage District names Witte Sr and F Butler and W C Urien as commissioners for two years after yesterday’s election.
MENTIONED IN THIS ARTICLE
Seattle
Wash
Helmi Huttenen
Detroit
Washington
Congress
Quiet trade in medium quality fleece wools steady prices
A quiet but persistent trade reports in medium quality fleece wools at about steady prices with moderate volume. Strictly combing 56, Ohio and similar wools fetch 19 1-2 to 20 1-2 in grease. exceptional sales end 1-2 cent higher or lower. Strictly combing 48, 500 fleeces from similar lines sell at 19 1-2 to 20 grease.
Kansas City Livestock Market Report Summary
Kansas City market for cattle calves and hogs shows varied moves with steady demand in steers and yearlings while heavy weights slow. Hogs total 4000, most prices down 10 cents. top 160 to 300 lb bids 2.85 to 2.90 with sows 2.00 to 2.40. Sheep 6000 with killing classes steady. top fed lambs 5.75 and clipped lambs around 5.40 to 5.60. yearlings 4.15 to 4.60.
MENTIONED IN THIS ARTICLE
Kansas City
Bec
U. S
Mine Explosion Kills Dozens At Madrid Coal Mine
Reports from Albuquerque and Domingo indicate a coal mine explosion at the Morgan mine near Madrid N M today may have killed 60 to 90 miners with many more trapped. Ambulence crews and state mine inspectors rushed to the scene as fires hampered rescue efforts and officials warned the count could rise. Madrid is a small mountain town about 40 miles north of Albuquerque with no local telephone service complicating confirmation of figures.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
Albqueque
Morgan
Madrid
Here
Domingo
Associated Press
Warren Bracewell
Albuquerque and Cerrilog Coal Company
Madid
Montains
Pat Rage Succeeds Stagg as Chicago Coach Rumors
Chicago reports name H O Patrage Sr former U of C star and Stagg aide as leading candidate to replace the legendary coach. George Veenker Iowa State and Jimmy Phelan Purdue Washington linked. Stanford doubt persists as Dick Hanley Northwestern says no approach but would consider if offers come.
MENTIONED IN THIS ARTICLE
Chicago
H. O
Pat)rage
University of Chicago
A A. Stagg
The
Maroons
George Veenker
Iowa State College
Thomas N. Metcalf
Stags
Iowa Institution
Metcalf
Page
Jimmy Phelan
Purdue
University of Washington
Phelan
Washington
Stanford
Glenn 5
Pop
Warner
Dick Hanley
Northwestern
Haney
Corn King Chester Troyer Crowned at Chicago Exposition
Chester Troyer of La Fontaine Indiana is photographed after being named corn king at the International Livestock Exposition in Chicago. He displays prize winning ears of corn.
MENTIONED IN THIS ARTICLE
Chester Troyer
la Fontaine
Ind
Chicago
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