Stocks Drift In Dull Session After NRA Address
Wall Street traded in a trendless range as traders studied the Presidents NRA address in Washington. A few tobacco and metal shares rose while overall turnover was 87 490 000 shares. Grains and silver eased. cotton steady. foreign exchange limited gains. bonds quiet and mixed. Steel ingot capacity estimated at 47.7 percent, down from 45.7 last week by the American Iron and Steel Institute. Homestake, U S Smelting, Dome, Noranda, Kennecott and McIntyre edged up. Liggett Myers and American Tobacco gained. Reynolds, Lorillard firm. Auburn Motors up slightly. major widely traded issues ended a touch lower. New York Central Rights active at 7 on debut on the big board. Market factors cited for metal stock moves include a hoped federal decision on silver.
MENTIONED IN THIS ARTICLE
New York
N.R.A
Washington
Americant Iron and Steel Institute
Homestake Mining
U. S. Smelting
Dome
Noranda
Kennecott and McIntyre
Liggett & Myers B
American Tobacco
Reynolds B
Lorillard
Auburn Motors
U. S. Steel
American Telephone
Union Pacific
N. Y. Central
American Can
Consolidated Gas
New York Central
House Courage Committee
Fillver
President Roosevelt Opens NRA Code Authority Session
Roosevelt outlines new deal aims at Constitution Hall as more than 4,000 people from 609 industrial groups attend the three day code authority assembly. Shortened hours with unchanged wages, plus plans for an intermediate banking system, dominate discussions among governors and industry leaders.
MENTIONED IN THIS ARTICLE
Washington
America
Congress of Industry
Roosevelt
NRA
Code Authority
Constitution Hall
Continental Memorial Hall
Hugh
Federal Reserve
Treasury
Johnson
Market Reluctance Holds Curb Exchange Sluggish
On March 5 in New York the curb market saw regular price tendencies with modest trading. Leading oil, industrial, alcohol and metal shares slipped fractionally while inactive specialties and a few others rose. Aluminum Company fell about one point and smaller declines occurred in American Gas, Electric Bond & Share, Swift & Co and Newmont Mining. Oil shares moved narrowly in a thin market.
MENTIONED IN THIS ARTICLE
New York
Curb Exchange
Industral
Metar
Aluminum Company
American Gas
Electric Bond & Share
Swift &Co
Newmont Mining
Cotton market mixed on tentative control legislation
New York March 5 General business in cotton shows variability as traders weigh control measures. Early July futures hit 12.31 then dipped to 12.23 with little sustained lift. Futures closed mostly steady with modest gains or declines. Spot middling at 12.45.
MENTIONED IN THIS ARTICLE
New York
Kansas City Livestock Prices Report March 6
Hogs 3500 higher. top 4.40 for 180-240 lb choice pigs. Sows 276-550 lb 3.25-3.75. Cattle 10,000. calves 1500. steady. Steers 5.50-7.00 per cwt. good to choice heifers 4.50-6.25. cows 3.25-4.75. vealers milk fed 4.00-6.50. Sheep 10,000. best fed lambs above 9.35. yearling wethers 5.75-8.25. ewes 4.00-5.25.
MENTIONED IN THIS ARTICLE
Kansas’ City
Dept
Spot Cotton Holds Steady in New Orleans Trading
In New Orleans on March 5, spot cotton rose by 3 points to middling 12.19 while sales reached 1,186 bales as buyers and sellers held firm on current values in a steady market tone reported by AP.
MENTIONED IN THIS ARTICLE
New Orleans
Cotton Steady
Wool quotations firm in Boston as trade light
In Boston on March 5, reports say wool quotations remained firm despite light trade for several weeks. Some new business was placed, but mills handling the orders were already covered on raw wool or tops and yarns needed. Domestic wool receipts at Boston during the week ending March 4 totaled 4,301,400 pounds, up from 244,300 the prior week.
MENTIONED IN THIS ARTICLE
Boston
US Dept Agr
Boston Grain and Flour Exchange
Spot cotton steady in Galveston sales at 12.25
Galveston Texas March 5 AP spot cotton holding steady at middling 12.25 moving 916 bales in today’s market. Strong demand noted with steady prices across the grade.
MENTIONED IN THIS ARTICLE
Galveston
Texas
Liberty bonds close mixed as prices vary in New York
Liberty bonds in New York trades show the First 4 1 4s at 100.15 and 4 1 8s at 108.28 while Treasuries move N/A with minor shifts. Prices reflect modest activity as investors assess war finance needs.
MENTIONED IN THIS ARTICLE
U. 8S. Bonds
New York, March
Liberty Bonds
Treas
Home Loan Bonds Rise Amid Market Exchange
New York bonds and home ownership related notes move in the produce exchange scene. Prices show 51 33,000 and 97 3-8 figures reflecting loan and mortgage activity amid the March 5 AP report.
MENTIONED IN THIS ARTICLE
New York
Produce Exchange
State Corporation Commission Hears 15 Bus Truck Applications
The State Corporation Commission motor department in Santa Fe on March 5 heard about 15 bus and truck certificate requests to operate in New Mexico.
MENTIONED IN THIS ARTICLE
Santa Fe
State Corporation Commission
Motor Department
Grass fire report at 711 North Kentucky this morning
Fire department responded to a grass fire at 711 North Kentucky with no damage reported. No injuries or property loss. Investigation found the blaze under control quickly and authorities are unclear on its cause.
MENTIONED IN THIS ARTICLE
North Kentucky
Flood Threat Steps Up Across Three States
Roaring streams rose in Wheeling West Virginia and the Cumberland River near Nashville Tennessee climbed above flood stage. Officials warned of a potential 45 foot crest by midweek while Alabama and Georgia rivers stayed mostly within banks. In Birmingham Alabama many displaced residents began returning home after the floods.
MENTIONED IN THIS ARTICLE
Wheeling
W. Va
Nashville
Tenn
Alabama
Georgia
Birmingham
Ala
President cites growth to boost sales and incomes
The President argued that increasing sales volume will benefit merchants, employers, and investors with higher income. He recalled that one year earlier the nation faced intolerable economic pressures, with commerce suffering and shrinking after the inauguration.
Also Mentioned on This Page
Wall Street
Curb
Associated Press
Am Cyan B
Am Ford War
Amer G & E
Amer Mar
Amer Sup Pow
Assoc G & E A
Brillo Mfg
City Sve
City Sve Ptd
Cord Corp
Cresson
Detroit Air
Mr. Roosevelt
Francis M. Law
American Bankers Association
Donald Richberg
Consumer Advisory Board
New York Stock Exchange
Alaska J
al C&dye
T&t
Ing Mv
Amn Can
Amcr&f
Kencott
Am&frp
Krog Gr
Lambert
Amer Int
Ligmyrb
Amn
Locoan Fr & Liquid C
Am Meta
Lor Tob
Amp&lpt
AmRadSt
Mack Tr
Amrolm
McInpor
AmSmelt
McKetin
Amstl Fdr
McLellam
Mia C Pet
AmTob
AmWtyk
Murray C
AmWeoin
Anaconda
Anchor C
Natcshaa
Nat Dist
Nat P&l AT & SF
NY Cdl
Nynh&h
Avia Cor
NY Ontw
Ral Loco
Na Aviat B&o Rall
NovAmer
Barnsdl
Nor Pac
Bendix A
Ohio Ol
Ow Ill Gl
Beth Sti
Pac G&e
Bob Alum
Packard
Borden
Para Pub
Brokmnt
Bulova
Park U
Burad Ma
Penny JC R
Buster
Penn RR
Ayers
Phil Pet
C&o Ball
P@P
Rad Pfidsa
Cmst Pr
Pet R Oo
Chi Ri&p
Chrysir
ReyTob
Colgate
Col Fuel
Safeway
Col G&e
St L&asKr
Schulte
Com&Sou
Sears R
Shell U
Soc Vac
G&ee
Coren Asph
Gen Food
Genrbig
Gil Raz
Smelt
Gimbel FB
Us Steel
Gimbl Pf
Glidden
Util Pla Goldust
Goodver
Vanadum
GtNorPt
Warn Pix
West Mid
GW Sugar
West UN
Sugar West Air
Hlershey
Homstak
Weste&m
Stock J. Venraages
Chicago
Kansas City Livestock
Europe
Germany
Munich
Jitintin
Innsbruck
Palzburg
Italy
Linz
STEYR
Echoslovakia
Vienna
Bruck
IGRAZ
Heimwehr
Bavaria
Prince Ernst Rudiger von Star- Remberg
Austria
Mussolini
Starhembere
The
Quality League of America
Margaret
Quality League of América Ind
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