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Syracuse Herald Journal in Syracuse, New York

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Dec 28, 1940

Page

6

Year End Stock Rally Extended in Active Trading

The stock market closes with a continued year end rally as traders push major indices higher and volume remains brisk. Strong gains in technology and financials boost the session while market breadth shows broad participation across sectors.

Market closes as stock totals and bonds rise in mixed session

Trading closes with mixed results as total stock totals slide from prior, while bonds show gains. Prices for utilities and electric goods rise modestly with Nippon and Stinnes bonds listed. overall market activity includes detailed figures such as bond sales totaling 658000 dollars and various commodity notes.

Stock Market Extends End-Year Rally Amid Gains

A brisk year-end rally extended in New York trading as many issues rose by fractions to about two points. Strong buying supported rails and defense-related stocks with United Aircraft slipping slightly while others like Bethlehem Westinghouse Owens-Illinois Glass Phelps Dodge Kennecott and Dow Chemical led the recovery.

New York United Aircraft Roosevelt Navy Bethlehem Westinghouse Owens Tinois Glass Great Northern Preferred Phelps Dodge Washington Wali Dues

Livestock Markets Rally in Chicago and Buffalo Hogs Lead

Chicago hogs rose to 7.25 top with gains up to 10 cents as receipts hold around 6,500 head. Cattle and calves rallied with steer and yearling prices up about 50 cents and beef cows higher. hogs in Buffalo traded steady near last week’s advance with strongest weights around 200 pounds. Sheep and lambs in Buffalo also firm, with high fat lambs near 10.25.

Chicago United States Department of Agriculture Buffalo Buffalo

Commodity prices steady across metals in New York market

New York metals report shows copper at 10.50 to 12.00 f a s New York, tin around 50.05 to 50.10, lead at 5.50 to 5.55, zinc about 7.25, with related notes on spot and forward markets for East St Louis and Connecticut Valley metallics.

New York Metals New York Connecticut Valley F.a.s St. St. Louis East. Louis

Foreign Exchange Rates on Dec 28 in New York Markets

The Canadian dollar edged from earlier losses with a 4 cent rally to 867-16 U S cents, while the Swiss franc and Shanghai dollar rose to 23.22 and 5.70 cents respectively. Official U S and open market rates for various currencies are listed, including premium discounts on Canadian dollars and bankers' committee rates for Great Britain and others.

New York United States Great Britain Canadian Control Board U. S Finland Greece Hungary Italy Portugal Sweden Switzerland Yugoslavia Argentine Brazil Mexico Japan Hong Kong Shanghai

Auburn Police Substation Update Delayed Assignment

An incomplete report notes Trooper Keeley returned from furlough and will be assigned to the Auburn state police substation, with further details to follow.

B.C Auburn Vic Keeley Haas Charles

Petition Seeks One Hour Later Closing At New York Stock Exchange

A petition to extend NYSE hours to 4 PM has been submitted to the Board of Governors. It is backed by about 200 member firms, the strongest backing yet, citing low trading volume and falling memberships since 1899. Critics warn of newspaper and publication impacts if a later close reduces quotation tables. The next Board meeting is set for January.

New York New York Stock Exchange Board of Governors Lan

Treasury Balance Report December 26 Receipts and Expenditures

The Treasury report shows receipts of 19 333 060 42 dollars and expenditures of 104 659 901 01 for December 26 and a net balance of 12 003 527 470 67 dollars. Customs receipts for the month are 25 982 987 06 and for the fiscal year since July 1 total 2 888 007 323 47 with expenditures 5 05 942 24. The excess of expenditures over receipts is 2 117 464 618 77 and the gross belt stands at 44 198 148 740 17 with a slight decrease noted.

U. S. Treasury Washington the Treasury

Missing black and tan cocker spaniel found owner seeks

Plea from Mrs. Victor C. Garman of 240 Wilmore Place for a lost black and tan cocker spaniel. The three year old dog wears a collar and tag with the name Don. The owner asks anyone who sees the dog to contact the Garmans and recover their pet.

Jocker Don Victor C. Garman Wilmore Place The Es. Garman Traer Ane

Average family spends $1236 on annual retail purchases

Census Bureau data show the average American family spends $1236 yearly on retail goods. Food stores account for 310, department stores 176, automobile dealers 166, miscellaneous stores 124, and restaurants and bar rooms 104.

Washington

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