Railroads and Steel Rise in Early Market Gains
In New York trading, steels and railroads led with gains while aircraft stocks eased. Bethlehem Steel jumped about 4% to 12.54, Pennsylvania Railroad rose about 3/4 to 28, Baltimore & Ohio up around 1/2 to 43, and New York Central higher near 39. Boeing fell about 4% to 83 as other aircraft issues were flat to down. Several names including U S Steel, Republic Steel, Montgomery Ward, Radio Corp, AT&T, Anaconda Copper, Westinghouse, Seaboard, and Royal Dutch rose, while Studebaker Packard, U S Rubber, Consolidated Edison, American Tobacco, and United Aircraft declined. Yesterday's A.P. average up 0.50 at 159.70. Bond market steady.
MENTIONED IN THIS ARTICLE
New York
March
Bethlehem Steel
Ing Steels
Pennsylvania Railroad
Baltimore & Ohio
New York Central
Boeing
Glen- Mathieson Chemical
U.S. Steel
Republic Steel
Montgomery Ward
Radio Corp
American Telephone
Anaconda Capper
American Dynamid
Westinghouse Electric
Seaboard Railroad
Royal Dutch Petroleum
Johns Manville
Steudebaker- Packard
U. S. Rubber
Consolidated Edison
American Tobacco
United Aircraft
Igher
Associated Press
Market Summary From New York to Chicago and Westg
A broad U S market roundup shows mixed stocks with industrials and rails up, while grains and livestock show uneven activity. Cattle and calves in Western markets steady to weak with limited demand. futures quotes and prices cited for grain, livestock, and bonds amid a busy trading day.
Dusty cattle and feed market listings from New Braunfels area
A jumble of livestock prices and equipment ads across multiple lines. Hogs, sheep, lambs, and feeder cattle show varied bids with ranges. Equipment notes include tractors, distric parts, and farm supply mentions. Also scattered contact hints and locality references in Texas and nearby towns.
Market Report From Sib and Kennecott Stocker Sales
Prices paid at commission mart for stockers and feeders show steers at 14 to 20 dollars mid range and good stockers. Listings include multiple cattle grades, heifers, and prices, plus grain and hay values, market-area brands, and farm supply names with assorted location data.
MENTIONED IN THIS ARTICLE
Jones
Kennecott
Cire
West
INTEREST UP Less Stock Profits Analysis by LEWIS HANEY
Professor of Economics at N U reviews stock market outlook. High-grade bonds fall as rates rise. low-priced speculative stocks stagnate or decline. Active trading skewed to weak, low-grade issues. Closer to a possible sustained decline, with tighter money and rising UK rates influencing markets.
MENTIONED IN THIS ARTICLE
Lewis Haney
England
Amer
Home
Sears
Union Tani
Irving Trust
Oln Math
Fla
Power & Light
Texas Poultry Market Report Mixed Demand Across Regions
Market notes from Austin Waco and Chicago show varied activity with March markets steady to moderate. Texas shipments announce steady to moderate trading with slight price variation while Chicago reports higher wholesale buying prices and sizeable receipts for large whites and mixed categories.
MENTIONED IN THIS ARTICLE
PoUltry
Texas
Austin
South Texas
Stesay
U.S
Cotton futures slide in New York opening trade
Cotton futures opened lower in New York with March at 24.32 cents and May at 34.54 to 34.56. July at 34.85, October 36.73, December 34.79, with nearby cross buys and scale adjustments noted. Market activity shows prices eased from the previous close as traders reassessed remains returns and margins.
MENTIONED IN THIS ARTICLE
York
New York
Mayo i Cons & Neen
Educator Dr Brooks McLane Retires From Institute
Kingsville March 1 Dr S Brooks McLane at the Texas Mexican Industrial Institute steps down after ill health. He led the Presbyterian school since 1913, three years after its founding, and has served as president since 1923.
MENTIONED IN THIS ARTICLE
Kingsville
S. Brooks McLane
Texas-Mexican Industrial Institute
Presbyterian School
Kallison Molds New Ticket Emerges for April City Election
Ticket making in the April city election accelerated on Tuesday with Kallison pursuing a nine-candidate slate possibly led by Gus Mauermann or John Zeller and tied to a Taxpayers Progressive banner. Barret quit active campaigning but offered support for four potential council members while Good Government league leaders planned meetings to align candidates, and a third, independent slate surfaced via Odous Tindall.
MENTIONED IN THIS ARTICLE
Morris Kailison
Gus Mauermann
John Zeller
Kallison
White
Walter Rudeloff
H. L. Dillashaw
Glenn Lacy
Thurman Barrett
Taxpayers Progressive
Barrett
Wilam Barrett
Barrett-Kallison
League
Good Government League
Good Government
West Side
Peter D. Reed
Marcus Zertuche
Joe Olivares
Odous Tindall
San Antonio
Taxpayers’ Progressive! Sticket
Tindall
Independent
Cross Filing Passes House in Texas Legislature
Special to The Light reports that the Texas House quickly passed a cross filing ban after Rep. Maverick Jr. of San Antonio introduced the measure. Senate counterparts Latimer and others have a similar bill, likely to be sent to committee and potentially withdrawn if the house bill advances first. Maverick claimed administration support. Rep. Seeligson was the sole San Antonio opponent.
MENTIONED IN THIS ARTICLE
Austin
Senate
Rep
Maverick Jr
San Antonio
House
Texas
Sen
Latimer
Jhas
Maverick
Seeligson
South St Antonio district eyes 1.5 million loan proposal
Election on a 1.5 million loan issue for the South San Antonio School District was tentatively set. The district's trustees voted Monday night to present the issue to taxpayers. H W Engelhardt served as president as trustees announced the plan to build income through ownership and securities in growth companies with Rauscher Pierce Co. Inc. CAT5151L-(Adv.)
MENTIONED IN THIS ARTICLE
Sa Antonio
H.W. Engelhardt
Rauscher, Pierce & Co. Inc
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