Market Advances Amid Profit Taking and Short Selling
New York stocks showed strength in places on May 23 with heavy two hour volume and broad public participation. Issues such as American Can International Paper American Tobacco and Nash Motors reached new year peaks while rails rallied on earnings hopes and oil and tobacco trades spurred gains.
MENTIONED IN THIS ARTICLE
American Can
International Paper
American Tobacco
Nash Motors
Lron and Steel Institute
Great Britain
United States
America
Schulte
Union Bag & Paper
May Deverent Stores
Consolidated Gas
Rieht Airplane
National Distillers Products
National Dairy Products
United States Industrial Alcohol
Simmons Company
International Shoe Brown Shoe
Pierce Arrow Common
End Preferred
Lackawanna
Glen Alden Company
Beautify Your Feet with Featherweight Arch Supports
Ellen M. Boyenger offers custom arch supports from foot impressions. Suite 10, Hub Building. Phone 259-J.
MENTIONED IN THIS ARTICLE
Ellen M. Boyenger
Hides and Wool Prices From Idaho Hide and Fur Co
Idaho Hide and Fur Co of Pocatello lists daily prices for hides and wool. Salted hides vary by weight, green hides 10 cents, dry hides 13 cents, horse hides 2 to 3 dollars, sheep pelts dry long wool 19 cents, wool grades 20 to 35 cents.
MENTIONED IN THIS ARTICLE
Idaho Hide & Fur Co
Pocatello
Idaho
Finance Review Signals Broad Market Advance In May
New York stock prices surged to near year highs as industrial and railroad averages climbed and bond values rose. Sterling neared parity, volume rose, and leaders in motors oils steels and chemicals led gains amid improved trade news and persistent demand for affordable autos.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
Interstate Commerce Commission
Nickel Plate Railroad
Frisco Common
Pullman
California Petroleum Preferred
Texas Company
Possible Independence at 50 for Average Men
The article argues that financial independence by age 50 is attainable for many men with a systematic savings plan. It stresses the value of accumulating capital early to enjoy luxuries and reduce work, noting most men lack a respectable sum by fifty and urging readers to consider their own situation.
Livestock Market Report Chicago May 23
Hogs receipts 6,000 with mixed demand. top hog price 12.80, 140 to 200 pounders 12.50 to 12.75, 225 to 325 pounders largely 12.35 to 12.60, sows 11.00 to 11.25, packing hogs 11.50 to 12.50. Cattle receipts 500. better grades up 10 to 15 cents, others down a few cents. feeder trade sluggish. Sheep receipts 1,000. fat lambs weak to 25 cents lower. California and native lambs mixed. bulk prices Lambs 12.00 to 12.80, springers 15.25 to 15.85.
MENTIONED IN THIS ARTICLE
Chicago
U. S. Dept. of Agriculture
trans-Missouri
California
Market Receipts and Prices for Hogs Cattle and Sheep
Omaha market report shows hog receipts 1400 with prices mostly 25 to 35 cents lower than Friday, top 12.05. cattle receipts 50 with yearlings and light steers steady, heavy drops to 25 to 50 cents, veal and stockers lower. sheep receipts none with lambs steady, fat ewes 4.50 to 7.60, feeders unchanged.
Kansas City Livestock Prices Trimmed Across Cattle and Hogs
Cattle receipts reach 490 with calves 60 as slaughter steers and yearlings ease 50 to 0.50 per cwt. Top yearlings 11.50 with average weights 898 pounds. Beef cows and cutters show declines, while hogs drop 25 to 35 cents below Friday’s. Sheep receipts none. killing classes steady to higher with lambs and ewes varying by grade.
Hog and cattle market roundup at Ogden Utah
Hog receipts total 386 with 118 for market and 368 for local packers. Cattle receipts six, week totals weak to 250 lower. common to medium cattle largely steady with limited prime lots. Sheep receipts 67, spring Utah stores have fallen off, demand soft.
MENTIONED IN THIS ARTICLE
Ogden Ogden
Utah
Wheat Prices Rise on Outlook for Lower Winter Crop
Chicago wheat gains follow unofficial estimate showing domestic winter crop is 8 million bushels smaller than government May 1 projection. May delivery largely steady as new supplies come from Minneapolis and other centers. Corn and oats mixed, provisions up on higher hog prices.
MENTIONED IN THIS ARTICLE
Chicago
United States
Canada
Minneapolis
Kansas City
Omaha
Sugar market firm as New York bids rise May 23
Raw sugar prices climbed in New York with spot and futures higher. Spot values quoted at 4.33 cents duty paid for Porto Rican early July, and refined sugar steady around 5.50 to 5.70 cents. Futures closed higher on covering with July 2.73, September 2.87, December 2.99, March 2.95.
MENTIONED IN THIS ARTICLE
New York
St. Cruiz
Auust
Curb Oil Prices and Market Gaps Reported
Market bulletin lists oil price curbs with Prairie Pipeline at 120 percent Standard of Indiana at 68 percent Standard of New York at 44 percent Continental at 26 percent. New Bradford and Salt Creek consolidated show blanks indicating no quotation.
MENTIONED IN THIS ARTICLE
New York
Prairie Pipeline
Standard of Indiana
Standard of New York
Continental
New Bradford
Salt Creek Consolidated
Liberty bonds and U S government notes prices on May 23
Liberty bonds closed with 3s at 101.2, 1st 4s at 102.13, 2nd 4s at 101.1, 3rd 4s at 101.26, 4th 4s at 102.15, U S government 4s at 106.8, and U S government 4s at 102.14.
MENTIONED IN THIS ARTICLE
New York
U. S. Government
Exchange rates and foreign quotations steady in New York
Foreign exchanges show steady demand with quotes in cents and francs for major currencies. Included are France at 5.10 percent and Italy at 4.03, with Belgium 4.99, Germany 28.80, and Switzerland 19.33 percent alongside multiple cables and bank bill figures.
MENTIONED IN THIS ARTICLE
New York
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switerland
Spain
Greece
Poland
Chicago grain and meat prices May 23 summary
Wheat No 2 hard 1.69 percent and 68 percent. No 3 hard 1.64 percent. Corn No 2 mixed 1.1314 and No 2 yellow 1.164 1.1743. PartS No 2 white 46 percent and 48. No 3 white 44445. Rye No 4 1.10. Barley 73 8 percent. Timothy seed 5.75 .75. Clover seed 17.00 25.00. Lard 5.77. Ribs 17.50. Bellies 206.25.
MENTIONED IN THIS ARTICLE
Chicago
Potatoes Market Report From Chicago and Regions
Potatoes receipts at Chicago May 23 show new and old stocks with 750 total U S shipments. Prices inch higher for Wisconsin and Michigan sacked Round White No 1 at 1.05 to 1.15 per cwt and No 2 at 1.00 to 1.10 with moderate stock and slow demand. In Alabama and Louisiana sacked Bliss Triumphs sell 2.65 to 2.90 per cwt, No 2 1.50 to 1.60 as new stock arrives and market remains dull overall.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Wisconsin
Michigan
Alabama
Louisiana
Bliss
Silver Prices Across Markets May 23
London reports bar silver at 314d per ounce and New York lists bar silver at 67 1 2 cents per ounce. Mexican dollars trade at 62 cents.
MENTIONED IN THIS ARTICLE
London
New York
California lamb arrivals expected this week
California markets anticipate spring lambs arriving this week amid a gap with no local sales for some time after last week saw more than 77 000 head brought in.
MENTIONED IN THIS ARTICLE
California
St Joseph Hog and Cattle Market Receipts Summary
Hogs receipts 400 with 15 to 25 lower. top 12.15, bulk 11.90 to 12.10. Cattle receipts 100 with week totals: steers 8.75 to 10.50, top 10.75. cows and heifers 3.25 to 10.00. calves 4.50 to 9.00. stockers and feeders 6.00 to 8.00. Sheep receipts 12.00 with lambs 13.50 to 14.50 and ewes 6.50 to 9.00.
MENTIONED IN THIS ARTICLE
St. Joseph
Great Migration From Ear to Beerville on the Road
Robert T. Small reports from Detroit to Windsor on a beer pilgrimage amid Border opening mood. Observers note crowds, ferries named Promise and Pleasure, and the ritual hunt for beer in Beerville on the Border with mixed tastes, signs, and cultural tensions.
MENTIONED IN THIS ARTICLE
Ear
Beerville - ON - the - Road
Robert T. Small
The
Pocatello Tribune
Detroit
Mich
Pullman
Windsor
Woodward Avenue
Beerville-on-the-Border
Detroit River
Potomac
Washington
Canada
Investment View On Automobile Securities
Automobiles have become a necessity with trucks and cars reshaping markets. The article notes speculative risk in car stock and bond offerings, driven by fluctuating demand, competitive leaders, and earnings power tied to management and efficiency rather than fixed assets. Investors should limit exposure and rely on solid company records.
MENTIONED IN THIS ARTICLE
Dodge Brothers
Indivi
Also Mentioned on This Page
Financial and Markets
Francis McNally
General
North
al. Chem
Am &m. & Ref
Atchison
Atl
Baldwin Loco
Ohio
Bethlehem Steel 4
Canadian Pac
Cerro de Paseo
Chandler Motor
Chesapeake & Ohio
Chile & Northwestern
Nhe
Chile Copper
Coca Cola
Colorado Fuel
Congoleum “Se
Crucible Steel
Davison Chem
du Pont de Nem
Erie
Famous Players
Kan & Tex Missouri Pac
Montgomery
Nat. Biscuit
National
York Central
N. Y
Reading & Steel
Ir Reynolds Tob
Br” Oneee
St & San Fran
Seaboard Air Line
Sears Roebuck
Sinclair Con
Sloss-Sheff
First National Bank
BBC One
Leeney
U. & Dept. of Agriculture
Bologna
Jackie Coogan
Betty Blyth
Edinburgh
Cincinnati
Everyman’s Investment
Business Counsel
John Jones
Citizens Bank & Trust Company
Pocatello, Idaho
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