Market Ends Week on Bright Note With Active Trading
NEW YORK AP The stock market closed higher Friday after a day of gradual improvement and heavy trading. Glen Alden led gains with a 34 point rise, McDonnell Douglas up 2 5/16, Standard Oil New Jersey off 4 1/2, Anaconda up 3/4, Essex Wire & Cable up 5/8, Bell Intercontinental up 1/4, First Charter Financial down 4 1/4, volume four hours 9.66 million shares. Wall Street eyed a possible take-over of Schenley Industries next week amid mixed earnings prospects for Ford and others.
MENTIONED IN THIS ARTICLE
New York
Glen Alden
McDonnell Douglas
Standard Oil
New Jersey
Anaconda
Pittston Co
Essex Wire & Cable
Bell Intercontinental
iFirst Charter Financial
Wall ‘Street
Schenley Industries
Ford
General Motors
du Pont
United Air
Interdealer quotes update at 12 30 PM today
NASD jave representative interdealer prices shown as of 12 30 p m Prices fluctuate during the day and do not include retail markup The fragment references various entities and numbers but remains unreadable in spots and cannot confirm full names or markets involved.
Cotton futures slide as rains delay crop, losses hit
Cotton futures No 2 closed one thirty to zero cents lower as overnight rains failed to show in key belts. Widespread rainfall shortfalls delayed planting, with some areas needing replanting after seeds washed out. After a brief rally from short covering, futures ended near 31.40 per bale with unsettled prices across leading markets.
MENTIONED IN THIS ARTICLE
New York
Cottonseed Oil Futures See Shifts in Market Terms
Market notes show fluctuating bids for cottonseed oil futures with pricing 4988, 12.08, and 219.70 across Sep and Dec contracts. Trading activity indicates shifting interest as buyers adjust expectations for near term and deferred deliveries.
Dividends and stock notes from a historic page
Dividends Thursday final dividends and period records appear. Several company names and stock figures are listed, including Miehle-Goss and Swift & Co with mentions of increases and financial data. The fragment references Houdsille Indust and Ulle Indust among others, indicating a broad market summary with dates like 6-14 and 7-31.
MENTIONED IN THIS ARTICLE
Swifh & Co
Houdsille Indust
Ulle Indust i
Grain futures quotes from Chicago market report
AP dispatch from Chicago shows grain futures with bid and ask levels for wheat and related grains. Prices listed include various bid and ask figures, with values around 1.40 to 1.50 and several 1.20 to 1.40 ranges, reflecting active trading and closing indicators.
Market notes on livestock prices and feeder sales
Receipts show demand for slaughter steers remains strong with mostly good to choice 1025 to 1300 lb ranges around 25 to 28 per hundredweight. Feeder cattle steady to higher with varied weights from 345 to 590 lb and prices from about 24 to 30.45. Calves, cows, and lambs also traded with mixed results and limited volume for market testing.
MENTIONED IN THIS ARTICLE
Ois
Ipeu Scuy
Gila County
Globe
Ming
Colorado
Ign
Choice
Ainer and Choice
A Lost Line Crumbles in OCR Fragmentary News Snippet
A fragmented OCR line from a historical page yields a cryptic text with scattered words. The readable portions hint at place names and measurements but no clear event or person content. The item invites cautious reconstruction but remains underdefined.
Umivery bankruptcy reorganization and foreign interest measures
Fragmentary notes describe a bankruptcy reorganization of an entity named Umivery and reference foreign interest equalization affecting related companies and actors. The garbled lines mention securities, panies, and in foreign territory terms, but no clear actions or outcomes are stated.
Bank Sees Eurodollar Use Rise
NEW YORK AP The $15 million Eurodollar market a key source of international business financing should grow further in the years ahead Chase Manhattan Bank said in a booklet for multinational corporations The market s usefulness is closely linked to the viability of the present international monetary system Large scale foreign exchange controls or unstable currency relations could change the operation of the Eurodollar market in unforeseeable ways Eurodollars are U S dollars deposited with banks outside the United States Corporations have increasingly used the funds to finance overseas expansions since US balance of payments controls curbed overseas financing The bank said it is in the interest of major financial nations to provide continued support to the short term and medium term Eurodollar market and the Eurobond market s usefulness suggests no significant government regulation will be imposed abrogating its freedom from controls or taxation
MENTIONED IN THIS ARTICLE
New York
U.S. to shut Viet Talk Press Center
U.S. delegation at Vietnam peace talks will close the conference press center in Paris on May 31 due to high costs and declining business. The center at Hotel Crillon cost about $2,000 daily, officials said.
MENTIONED IN THIS ARTICLE
Paris
UPI
U.S
Vietnam
Crillon
W. Averell Harriman
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