Wall Street Mixed as Inflation Hawks Take Profits
The New York market slipped with inflation-minded traders booking profits while a few issues rose. Transfers reached 600,460 shares and optimism for a later rebound appeared, aided by a technical correction. Columbia Pictures climbed about 4 points after a strong nine month earnings report. Peoples Drug paid a 25 cent extra dividend.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Sterling
London
Columbia Pictures
Peoples Drug
Howe Sound
Public Service of New Jersey
U. S. Steel
Case
Chrysler
General Motors
American Agricultural Chemical
American Sugar Refining
International Business Machines
Air Reduction
Allied Chemical
Corn Products
Standard Oil of New Jersey
Union Pacific
Delaware & Hudson and
Santa Fe
Market Snapshot of Oil and Mining Stocks Across Firms
A listed array shows Alma Co Am 56 Amn Cyan B 19 1/8, Amn G&E 25 3/8, Mardcaibo 5/8, Sup Pow 1 Associ G&E 3/4, City Sve 1 1/2, Cons Cop Min 2 1/4, Cusi Mex 2 1/8, Gulf Of Pa 71 1/4, Hecla Min 11, Humble Oil (2) 59, Lib Men & Lib 6 1/2, Newmont Min 51 3/8, Nia Hud Pow 4 3/8, Pennroad 2, Swift & Co 16, Texan Oil .60 6 1/2, Trans Cent Air 3/16, Unit & Powel Unit Verde (1) 3 3/8.
MENTIONED IN THIS ARTICLE
Alum Co Am
Amn Cyan
Amn G&e
Mardcaibo
Associ G&e
el Bons & Sh
Gulf of Pa
Hecla
Humble Oil
Newmont
Cotton turns easier on liquidation in New York
New York cotton futures eased amid weak end liquidation and foreign selling while remaining irregular due to the old and new crop position adjustments. The market closed steady with a net decline of 4 to 10 points, July slipping from 12.19 to 11.99 and settling around 12.04. May 11.99, July 12.05, Oct 11.84, Dec 11.90, Jan 11.98. Spot middling at 12.45.
MENTIONED IN THIS ARTICLE
New York
Cotston
Jay
Wool market activity in Boston weekly report ends May
Wool was very active and prices strengthened in the Boston market during the past week on many grades of western grown wools. Large quantities of average to short French combings on finer territory moved at advancing prices in the range 57 to 62 cents, secured basis. Medium grade territory and fleece wools were active with prices stronger. Strictly combing Ohio fleeces brought 26 to 26 1/2 cents in the grease for 56s and better, and 25 to 24 cents for 48s 50s 1/4 blood. Quotations were firm on fine Ohio delaine at 26 to 27 in the grease and around 7 cents for 58s 60s 1/2 blood.
MENTIONED IN THIS ARTICLE
Botson
U. S
Boston
Ohio
World speed records set in Douglas airliner flight
Brooklyn New York May 18 AP two world speed records were set as D W Tomlinson and Joseph Bartels piloted a twin motored Douglas airliner over a closed 1000 kilometer course at 190.143 miles per hour.
MENTIONED IN THIS ARTICLE
Brooklyn
N. Y
D. W. Tomlinson
Joseph Bartels
Market slaughter hogs, cattle and lamb prices at Kansas City
Kansas City markets show hogs at 400 head, steady tone. Cattle and calves about 1 200. top light and medium weight steers 12.75, light heifers 10.40, stockers 8.50, fleshy light feeders 9.75, selected dealers 9.00. Sheep 300. spring lambs 9.65, shorn lambs 8.25 to 7.75, shorn ewes 3.75 to 4.25. Prices reflect week’s activity and regional variations.
MENTIONED IN THIS ARTICLE
Kansas City
U. S. Dept. Agr
Arizona
California
Arizonas
Chicago grain price table slips into May trading
Chicago grain and animal feed markets report mixed gains and losses for May and July contracts. Corn and oats show modest rises while rye and barley move within narrow ranges. Prices listed include May, July and September maturities for corn, oats, rye, and barley, with miscellaneous figures for related futures.
No One Debates Probe Into Gallup Kidnaping
In Santa Fe on May 18 AP report says public support for a grand jury inquiry into the May 2 Gallup kidnaping waned. David Levinson and Robert Minor deny pushing for the inquiry. ACLU officials and Gov. Tingley discuss, with District Judge Otero and Patton weighing the case. District Attorney Chavez calls a grand jury probe a waste of taxpayers’ money.
MENTIONED IN THIS ARTICLE
Santa Fe
David Levinson
International Labor Defense
Robert Minor
New York
A. L. Wirin
American Civil Liberties Union
California
ACLU
Katherine Gay
Miss Gay
Clyde Tingley
Wirin
Levinson
Minor
M. A. Otero, I Jr
Frank H. Patton
David Chavez
Also Mentioned on This Page
the York © Stock Exchange Today
Adam Exp
Jaz Mvlint
T&t
Kelvina
Fn Kencott
See
Lambert Krog Groc
Lchvalrr
Carcarar
AmComAlIc
LigMyrs
Amn Loco
Ss Midcpet
Fonto Ch
Moth
AmSmelt
Murray
Nash
Nat Dist
Nat P&l
Abe Win
NY Cil
Aconda
Nynh&h
X Cap
Na Aviat
Ar Mill
NorAmr
Ar Mill Pf
Nor Am Pf
AT & SF
Nor Pac
Refae
Ohio Oil
Aub’ Auto
OwlllGl
Avia Cor
Pullman
Rem Rand
Revtobb
Safeway
StroLead
Cer
Schulte C&orail
Searb Air
Cmst
P&p Seab Oil
Sears
Krysler
Shell
Con Co
SakeCos
Colgate
Skelly Soc Vac
Cominutr
Lac&w
Stone&w Studbkr
Doug ‘Air
Pu Pont Tex Gal Tex Corp
Gastman
Tex Pc&o Eaton
TexPiTe
el -Aud
Timkenb
Boat
Trans Am
P&l
UN Carbi
Erie RR
Pac
T&r
Foster
Pac Pf
Air
Fox
Corp
Hershey
West Mary
West Og
Curb List
Kansas City Livestock
Chicago Grain
Chicago
Los
RYB
PSG Dei
Dupont Dulux
National Advertising
Grain
Montgomery
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