Market Slump Persists Amid Year End Caution
New York stock prices drifted with a heavy undertone as traders grew discouraged by weak response to prior bullish moves. American Telephone and U S Steel preferred slipped about two points while rails like Pennsylvania advanced modestly. Air Reduction rose over a point. Wall Street remained wary for fresh news to spark a rally with year end business slowdowns likely. The Interstate Commerce Commission noted a six hour day would raise costs but not impair service.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Ontineén
Cheéeerft
American Telephone
U. S. Steel
To. Steel
Santa Fe
United Aircraft
Allied Chemical
Pennsylvania
Gevers
Plectric
Fastman
Texas Gulf
Interstate Commerce Commission
New York Curb Market Summary Dec 13
Curb close details include Ark Nat Gas up 1 3 4, Gulf Oil at 29 with 43.8, Humble 46, Newmont 14, Texon 8 3 8, 8S O tvid 23 3 8, Cr Sve New 3, Cr Sve Pid 18, Cons Cop 1 2, BiB & S 19 S 3. Updated figures reflect mixed activity across oil and gas stocks.
MENTIONED IN THIS ARTICLE
New York
New York Retch Exchange
Com & A
T&t
Amering
LigMurtoy i
Amerp&l
St Mack Te
Amkolm
MO 'Ae
AmSmelt
AmSugar
Amt&t
Murra Cc
Amtobb
Nash Mtr
AmWtWk
Nat Biz
AmWooin
Nat Cash Amwipd
Nat Dary
Nat P&l
Armili
NY Cdl
Atchisn
I& Nynh&h
Nik West
Erie Cor
B&or Ail
Nor Pac
Bendix A
Packard
Beth St
Jorden Penn Rit
Pesulova
Phil Pet
Cali Hee
Prai
Safeway
Col G&e
T L
G&k J
Tw Cot
Curt Wet
Son Joe
du Pont
Whbstr Eastman 54 1-8 St Wbstr
Elec P&l
Tex& Ff Ac
Tex Corp
Tex Gsu
Tex
Gil Raz
Aim
Goldust
Ss Steel
Goodyer
Util P&l
Gwssugar Vanadum
Gwsuerd Warn
Hershey
Ae Howe Snd
Wstke&m Wi
Ovid
Curb
Ark Nat.Gas A
Bib & S
Grain and livestock futures close on Chicago market
Chicago market closes with wheat for December at 44 1 2 to 5 8, May at 47 3 8 to k2, and July at 47 3 4 to 7 8. Corn May 26 7 8 to 27, July 28 1 2 to 5 8. Oats December 15 1 4, May 17 1 2, July at 5 8 to 3 4, December 1d 1 8, May 33, July 33 1 4. Barley December 27 1 4, May 29 1 4, July no trading. Lard January 3.87 and January 3.70.
MENTIONED IN THIS ARTICLE
Chicago
Kansas City Livestock Market Summary Dec 13
Cattle totals around 5000 with calves near 1000. steers slow to bid, bulk selling 3.75 to 5.00 with two loads at 6.00. Mixed yearlings and fed cattle steady to weak. top vealer near 5.00. Feeder stock slow, 3.25 to 4.75. Frogs 3500 mostly 5% lower, top 260 on 160-230 lb. Sows weak to lower 1.99 to 2.25. Sheep 5000 lambs opened slow near steady. fed lambs and natives 5.25-5.40, best above 5.75. yearlings around 4.35.
MENTIONED IN THIS ARTICLE
Kansas City
Canvassing Board Awaits Governor Seigman Return
Santa Fe New Mexico December 13 The state canvassing board chaired by Governor Arthur Seigman waits for his return from California to resume canvassing election returns from November 8. Also on the board are Secretary of State Marguerite P. Baca and Chief Justice Howard L. Bickley. The governor’s illness and absence hold up issuance of certificates of election.
MENTIONED IN THIS ARTICLE
Santa Fe
N. M
State
Arthur Seigman
California
Capitol City
Marguerite P. Baca
Howard L. Bickley
State Supreme Court
Tia
Cotton futures stall amid mixed swings in New York trading
In New York activity March contracts rose from a morning low to around 6.97 before settling near 5.91 as nearby months shuffled within a narrow range. December to July futures showed small changes with spot middling at 5.80.
MENTIONED IN THIS ARTICLE
New York
Auliet
New Orleans Cotton Prices Close Lower on Dec 13
New Orleans spot cotton finished tearful with a 7 point drop. Sales totaled 2,763 bales as middlingprice settled at 5.81 cents per pound.
MENTIONED IN THIS ARTICLE
New Orleans
Wool Market Report From Boston Trade Desk
Moderate sales of average combing 64s and finer western green wools hold near steady prices. Medium fleeces attract interest while Ohio delaines weaken. Strictly combing 64s and finer Ohio fleeces offered at 18 1 2 to 19 in grease with rumors of slightly lower prices.
MENTIONED IN THIS ARTICLE
Boston
Ohio
Galveston Cotton Market Steady On Spot Prices
Galveston December 13 spot cotton held steady with middling grade at 5.75 cents and sales reported around 5.90 cents per pound. No change in price observed for the day.
MENTIONED IN THIS ARTICLE
Galveston
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Dallas
BosTor WooLrk
Roswell Seed CC
S. Main
Santa
Cimart
Crerdenize
Sonny
Gisit
Litsgerie
Darling
Buttercup
Horsman Doli
Penney's