Stocks Close Higher In Uneven Broad Session
New York stocks finished modestly up after a dull day of trading. IBM and Xerox led gains around 4 points with others like Kennecott Boeing and Zenith up about a point. American Telephone and US Steel mixed, while Delta and several airlines advanced. volume around 4.64 million shares.
MENTIONED IN THIS ARTICLE
New York
IBM
Xerox
Kennecott
Boeing
Zenith
American Smelting
DuPont
General Motors
U.S. Steel
Ford
Chrysler
American Telephone
Polaroid
Dow Jones
Briggs & Stratton
Schering
Jim Walters
Storer Broadcasting
Worthington
American Bosch Arma
Chicago Great Western
Gamble-Skagine
How
Metals Prices In New York Market Report
Spot nonferrous metal prices in New York today include copper at WM cents per pound and lead at 36 cents per pound, zinc at 4la cents per pound, tin at 1.97 dollars per pound, with foreign silver at 1293 dollars per troy ounce and quicksilver at 700 dollars per flask.
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New York
Connecticut Valley
East St. Louis
Dry goods market in New York shows slow sales in 1946 second quarter
New York merchants report slow sales of catton gray and print cloths with moderate yardages of narrow and wide prints. Scarcity of print cloths and broadcloths continues to restrain business while second hand markets see limited activity. Wool and synthetic markets are quiet as crepe dress fabrics move only modestly in resale.
MENTIONED IN THIS ARTICLE
New York
Iap
Mil
Treasury Position Data for June 1 1985 and 1964
The treasury balance on June 1 1985 stood at 10.78 billion and 7.44 billion for 1964. Deposits for FY July 1 reach 110.59 million and 107.38 billion respectively. Withdrawals for FY reach 116.06 million and 114.87 billion. Total debt figures listed along with gross assets and debt not subject to statutory limit.
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Washington
Treasury
Cotton futures hold pattern awaiting Washington news
Domestic cotton futures were inactive as traders waited for U S policy updates. The House Agriculture Committee is expected to hold hearings on the cotton question Tuesday June 8. Late bids show July 30 81, Oct 30 07 and Dec 29 93 with world futures at July 23 81 Oct 24 07 and Dec 73 83.
MENTIONED IN THIS ARTICLE
New York
Washington
House Agriculture Committee
Cottonseed Meal Prices and Bid Ranges
Cottonseed meal bulk for June through December shown on a prime 4 percent protein basis. Prev. close cited with July at 55.50 to 56.50, September 56.00 to 57.00, October 58.00 to 59.00, December 58.00 to 59.06.
MENTIONED IN THIS ARTICLE
Memphis
Farm Prices Rise in Mid May Driven by Livestock
Farm product prices rose 3 percent in the month ended May 15 led by sharp gains in hogs and cattle. Egg and wholesale milk prices fell, partly offsetting the increase, keeping the mid May farm price level about 4 percent higher than a year earlier.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Apo
Railroads Reach Accord on Division of Revenues
The Southern Pacific Company and Cotton Belt with Denver & Rio Grande Western announce a signed agreement ending a 1954 dispute over transcontinental freight revenue division. Eastern railroads will gain a larger share, with Supreme Court appeal pending. The settlement, effective Tuesday, aims to improve efficiency and benefit shippers and the public.
MENTIONED IN THIS ARTICLE
Southern Pacific Co
Cotton Belt
Eastern Railroads
St. Louis Southwestern Railway
Denver & Rio Grande Western Railroad
Interstate Commerce Commission
U.S. District Court
U.S. Supreme Court
William G. Peoples
Ex dividend timing and broker delays explained
The Daily Investor explains the process of transferring stock and issuing a dividend after an ex-dividend date. It notes trade date ownership, transfer of certificates, and potential delays until the owner of record receives payment. Patience may be required as transfers route through brokers and transfer agents.
MENTIONED IN THIS ARTICLE
William A. Doyle
GM Unveils Broad New Line of Locomotives
General Motors announces a new locomotive family from its Electro Motive Division in La Grange. The lineup ranges from 1,000 to 3,600 horsepower across nine models including the high speed D-40 passenger unit and the heavy drag line 5D-45. Features cited include a two cycle diesel, AC-DC transmission, new control devices, a D-77 traction motor, and an improved alternator. Deliveries begin by January 1966.
MENTIONED IN THIS ARTICLE
Chicago
General Motors
Electro-Motive Division
la Grange
Richard J. Tyrrell
Mark Up New Use For Plastic
A new marking instrument from Sheaffer Pen features a patented polyolefin plastic tip. It writes without squeaking and reportedly lasts up to four times longer than felt tips.
MENTIONED IN THIS ARTICLE
Fort Madison
Iowa
Sheaffer Pen
Cottonseed oil futures close higher in New York
AP reports binachable cot onseed oil futures closed higher with 91 contracts traded. July at 12.608, September 12.496, October 12.335, May 12.058. Closing bids: December 12.00.
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New York
Hiaher
Mare
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