Sharp Gains In Final Hour Rally Lifts Steel Stocks
The Washington Post reports a dull session until the last hour when a surge in buying sent steel and speculative issues higher. United States Steel and International Harvester led gains, with American Sumatra Tobacco, General Motors, and Baldwin also advancing amid a broad market rally and merger chatter.
MENTIONED IN THIS ARTICLE
Washington Post
New York
American Sumatra Tobacco
General Motors
International Harvester of
New Jersey
United States Steel
American Sumatra
Baldwin
Sumatra
International Harvester
American Linseed
National Enameling
American Telephone
United Motors
Eclock
Taraa
General Motara
Midvale Quarterly Report Hinting at Strong Earnings
Short covering and insider purchases buoy Midvale ahead of this week’s anticipated quarterly report. Analysts expect earnings to compare favorably with Republic and St. Large profits come from a booming rifle department. American Telephone dips to 906-8, near record lows, then gains as market recovers. Selling reflects small investors’ stance on government control and potential dividend changes. Investment demand grows for $50 million 6 percent convertible bonds, unsold balance near $16 million.
MENTIONED IN THIS ARTICLE
Midvale
Republic
Rifle Department
American Telephone
Curb Market Review: Chevrolet Up on GM Absorption Plans
New York curb market notes a 2 point rise in Chevrolet to 140 amid expectations of General Motors absorption. Aetna Explosives holds 1354 1355, Wright-Martin trades 9% to 95g, Burns Brothers Ice strong early then 37% later, submarine and Curtiss air stocks quiet in first half.
MENTIONED IN THIS ARTICLE
New York
Broad Street
Chevrolet Motor
General Motors
Chevrolet
Aetna
Wright-Martin
Burns Brothers Ice
New York Grain and Oil Quotations Briefly Reported
New York grain prices show spot wheat steady at 2.344 and corn unsettled with No 2 yellow at 1.875. Oats steady bid prices listed, cottonseed oil markets note prime crude at 17.50 and summer yellow nominal. Oil City quotations report credit balances, runs, shipments, and averages for the period.
MENTIONED IN THIS ARTICLE
New York
New
Oil City
Cotton Market Surges then Steady in New York Trading
In New York on August 5 cotton futures showed extreme swings with an early gain of 102 to 138 points, then a drop of 75 to 110 points, finally closing 37 to 58 points higher. January touched 28.30 before slipping to 27.40, while March May October and December ranges closed around 27.25 to 28.00, aided by dry Southwestern weather and war news. Metal markets also reported quotes with lead steady at 805 and other minor shifts.
MENTIONED IN THIS ARTICLE
New York
THE
Metal Exchange
Spelter
Shea East Sn
W. B. Hibbs Co Am
Amer
Tel
Armour & Co
Atchison Gen
Atlantic Petroleum Amer
Calumet and Jerome
Chesapeake & Ohio Ev
Canada Copper Iex RB. & Q
Chi Mil & St. L
RL & Pac
Alg Chie
Orthwestern
Chevrolet
Calo, & Athern
Den
Io G
Lo DistiNers Securities Cities
Arizona
Can
Erie
Casden Co
Casden
Pfa
Great Northern
Elk Basina Mo
Kans
Tex
Ist
Emerson Phonoa Mo
Emina Copper le
Federal Oil
Montana Power
First
Batlonet Copper Y
Vlan Rock
Norfolk & W Tern
Goldfield
Northern Pacific
Guantanamo Sugar
Pacific Tel. & Mel
Penn. Con
Pennsylvania
Houston
Reading
Howe Sound
Republic Steel
Hall Copper Bu
Ll. & Sant
International Petroleum
R. R. Adj
Island Gil
Southern Seaboard Air Line
Adj
Jerome Verde
Bell Tel
Southern Pacific cv
Southern Railway
Keystone Tire
Texas Company cv
Lake Torpedo
Texas
Midwest Refining
Mitchell Motors
Nipissing Mines Co
U. S
North Amer
Northwestern
Ohio Copper Po
Oklahoma Oil Co
Okla
Liberty
Gkmulgee Oil
Sha U
Pacificas
Peerle Motors
Ray Hercules
Liberty 1St
Red Warrior
U. T Liberty 2d
St. Joseph Lead
Nelah Gulf
Asteandard
Submarine Corporation
Triangle Film
United Masterw
U. United Motors
S. Steamship
United Verde Aarita
United Western
Buckeye 7. Line Co
Cheseborauh Mfg. Co
Ray Colonial Ol Co
Continental On Co
Crescent P. Line Co
Cumberland Pine Line
Eureka Pipe
Galena-Sig
Cu ‘Com
Galena-Sig. OL Co
Illinsig Pine Line Co
Indiana Pipe L. Co
National Transit Co
Trans. Co
Nthern Pipe Line Co
Ohio OF Co
Pierce Oil Corporation
Prairie Oil & Gas Co
Big Prairie
DRO
Col. Solar Refining Co
Southern Pipe Line Co
South Fenn. Oil Co
Southw'n
Pa. P. Line Co. Us
Stand. Oi! Co
Stand Oil Co
Ind
Kas
N. I
Ohio
Swan & Finch Co
Tank Line Co
Vacuum Oil Co
Washington DU
Atlas
Atlag Pf
du Pont
du Pont Pt A
Ie Hercules
Hercules
Boston
Am. Agri
Chem
Amer. Telephone
Wooten
American Zines Ariz. Com
Hocth Fishers
War News Is Aid To Foreign Bonds: Markets Dull
New York aug 5 bonds were active and irregular with little change from last week foreign bonds remained strong on war news and closed near year highs while falls and industrials were dull. The statistical average of corporation bonds rose .03 to 83.03 with utilities weakest and some liberty bonds traded heavily though prices were mixed. The market showed limited demand as banks hesitated on time loans and speculation focused on government financing and a forthcoming crop report.
MENTIONED IN THIS ARTICLE
Sinclair Oi
Mexican Petroleum
Baldwin
American Hide and Teather
Washington
Washington Post
New York
Marne
London
Rockefeller
Morgan
Frick
Eid
Inccenae
United States Steel
Republi Lackawanna
Central Leather
International Harvester Companies
Harvester Trust
Harvester of New Jersey
Harvester Corporation
Harvester
Standard Oil
American Tobacco
U. S Steel
Steel Trust
Southern Pacific
Mercantile
Live Stock Markets Report Summary of Hogs Cattle Sheep and Calves
Live stock markets show receipts varying across regions with native and Western cattle steady to lower, calves mixed, hogs firm for medium weights and pigs, and sheep and lambs fluctuating. Western cattle and lambs show strength in places, while lower grades soften. larger totals recorded in New York and Baltimore markets with weekly comparisons indicating mixed movements.
MENTIONED IN THIS ARTICLE
Chicars
Aus
New York
Baltimore
Washington Stock Exchange Roundup of Trading Activity
Trading on the Washington Stock Exchange featured Capital Traction Company shares with 100 traded at 89 and 89 bid at close. Mergenthaler Linotype rose to 113% from prior sale. American National Bank at 148 and Continental Trust at 116. Continental offered at 118 with no bid. Various bonds and utilities listed with mixed prices and no notable shifts.
MENTIONED IN THIS ARTICLE
Capital Traction Company
Washington Stock Exchange
Mergenthaler Linotype Company
American National Bank
Continental Trust Company
Continental
Washington Railway and Electric Company
Norfolk and Washington Steamboat Company
Potomac Electric 6A
Peomac
Chapital Traction
Washington Bwy. & Blec, Ptd
Continental Trust
Mergenthaler Linotype
N. & W. Steamboat
Ge Cadmas
Georgetown
Washington Gas
Col. Gas & Flee. Is
Col. Gas & el
Capital Traction Co. Bs
Metropolitan BR. R
Hy. & Blec
Wash. Balto. & An
H. P. Con
Tel
Rain T. & Toc Tr
Mkt. Co
Fen W. Mkt. Co
Ste. & Safe
W. Steamboat
Riggs Realty
U. S. Realty
Capital Traction Co
Elec
Columbia Gas Am, Tel
Lanston Monotype
Lanston
National Bank
Columbia
Farmers & Mechanics
Wrens
Lincoln
Sain Ron Ok
Trust Company
Amer. Security & Trust
Nat. Savings and Trust
Union Trust Company
Loan and Trust
Nome Savings Bank
Commerce & Savings
Washington Savings
Arlington
Corcoran Firemen’s . German-American National Union
Columbia Title
Chapin-Sacks Co
Col. P. Mig. Co
Mer. Trans. & Storage
Security Storage Co
Washington Market
U.S. Realty Co
Baltimore Markets Report Mixed Grain and Poultry Prices
Market wire notes varied prices across Western separator milk and dairy prints, with ranges for extras and firsts in Maryland and nearby regions. Poultry items like white leghorns and old roosters show demand shifts. no clear trend emerges beyond regional pricing, while wheat and corn futures indicate modest gains and steady positions in New York banking and mercantile rates.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
Nun
Virginia
Pennsylvania
Ohio
West Virginia
North Carolina
Expres
Also Mentioned on This Page
Steels Lead Movement
New Jersey Oak
Harvar
Russia
Belgium
France
Nauid
Ear~n
United States Steel and Corny Products
Cummon
Imu
NEW York Stock Market
JEW, Moi
Nba v
Teac
OpentEieh
Ee Shoes
Ajax Rubber
Inspiration Mt. Hewane Eel & Rumley
Inter. Mer. Vee
Rumley
Marine
Alaska
Sane
Inter. Mer
Mar. Pf
Alaska Juneau
Allis-Chalmers
Lack
Lehigh Valle
Car
Lorillard Co
Am. Ice
Lorillard Co. Ta
Am. Lins
Maxwell Mo
Am. Linseed P
Max. Motor 2d Pf
Am. Smelter
Am. Bmelter
Miami
Midvate A
Ae Zhe
Am. Tel. & Te
Missouri Pacific
Missouri Pacific Pf
Nat. En. & Stp
Nevada
Atchison
Fayele
Y. Central
Hs Aerie ColAtl
Gulf & Weft
N. H
Atlantic Gulf
Norft. & West
Nor
Ohio Cities
Pittsburgh Coal
Butte & Sup
Ces
P. & W. Va. Ry. Pt Tbm
California Packing
An. Pacific
Pullman Co
Ray Consol
Cerro de Pasco
Chandler Motor
Rep. Iron & Steel
Ches. & Hio
Savage Arms
M. & St. Paul
Sears-Roebuck
Sinclair Oil
Lh 400 & P
Southern Pac
RL & P
Southern Ry
Studebaker Ai
Colo
Columbia Gas
Texas Co
Hoo
Zensa
Union
Cuba
U. S. Rubber
del. Wack. & Mn
de & FR. G Pf. Ae
U. Steel
OW. S. Steel
Ebrie
Erte Ist
Wabash
Fisher Roary Ag
Willys-Overland
Northern Orealy
Ais
Woolworth Lt
Greene-Canania
Worthington Pump
Flaskett Barker
U. S. Steel Ptd
Curb Market Review
NEW York Grain
Baltimore Securities
National Bank of Balto
Power
DE Ton
Touston
Et. Ash
Balto, & A
Stork
New Orleans
Salveston
Isi Mobile
Savannah
Galveston
Norfolk
Memphis
Augusta
St. Louisa
Cincinnati
Little Rot Qo
Dallas Oy Montgomery
Dallas
Anegusta
Wall Street
Steel Corporation
Standard Oil Company
Morgan Steel Combine
Local Stock Exchange
Mutual Life Insurance Company of
Thomas P. Morgan
Southern Building
Hartford Fire Insurance Co
Hartford Accident and Indemnity
Humboldt Fire Insurance Co
Allan E. Walker & CO. Inc
Pteetdl
American Security and Trust Co
Pennsylvania Avenue
15Th Street
N.W
Charles J. Bell
National Metropolitan Bank
15Th St
U. S. Treasury
K St. N. W
White House
Penna Ave
Washington Circle
Connecticut Ave
Thomas L. Hume
Ottumwa Railway & Light Company
Bonbright & Company
Carl Robertson Kurtz
Colorado Building
Philadelphia
Loston
Chicago
John L. Edwards & CO
New York Stock
Washington Stock
N. Y. Ave
Beat Bank
Union Savings Bank
Qident Savings Bank
Wash
Wade
H. Coorer
Fourteenth Street N. W
Capital
Burplus
National Savings & Trust Company Cor
N.Y. Ave
Moorhead & Elmore
New York Stock Exchange
A. B. Leach & Go
Private
Weeks
District of Columbia
Swartzell, Rheem & Hensey Co
Fifteenth Street
N. W
Nhc Hiyre