Market Advances Despite Profit Taking on Sixth Straight Day
Bullish session drives rails and raw materials higher amid heavy turnover in tobaccos oils and motors. Pan American common led gains while Mexican Petroleum Royal Dutch and General Motors rallied amid broad strength in steels and equipment. Near midday, a second surge lifted many issues before profit taking trimmed gains. Tobacco Products hit a record high and United States Rubber drew steady interest as the market broadened with notable activity in rails and oils.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Pan-Amercan
General Motors
Pan-American Common
Mexican Petroleum
Royal Dutch
Sinclair
Rubber
Studebaker
Generj
Motors
Marine Preferred
Purstilers
Bethlehem B
Baldwin Crucible
Maine
Reading
Wrolcht
United States
Tobacco Products
Sumatra
Wilmington
Del
du Ponts
Consolidated Gas
Wales Jic Service Commission
Mackey Companies
St. Joseph Jead
Pan- American Petroleum
California
Wall Street Broad Street curb shows rising public interest in stocks
Reports from New York indicate growing interest in today trading with all stocks drawing attention. Royal Dutch moved from 38 1/4 to 85 and United Motors traded around 39 1/2 to 40, while Keystone Tire fell from 2 1/2 to 61/2 as war issues and mining shares also showed activity amid uneven demand.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Broad Street
All Stocks Agai
Royal Dutch
Wieth
U S Bonds Offer Safest Returns in Quiet Market
The Washington Post reports U S bonds active with gains across issues as investors weigh long term safety. The New York auto show ends strong, while stock enthusiasm grows on favorable news and anticipated road building stimulus. Automobile firms see a backlog and expect earnings to rise in months ahead.
MENTIONED IN THIS ARTICLE
Washington Pont
New York
Bonda
Nowef
New York Produce Prices and Supplies Report
New York market report dated February 17 shows butter receipts at 9,211 with prices for extras and creamery grades varying. Eggs offer firm quotes with fresh gathered and regular packed lots and browns listed. Cheese steady with special make noted. poultry prices for fowls and turkeys recorded. Coffee and corfee markets referenced with mixed status. steady refined sugars and confectioners products cited.
MENTIONED IN THIS ARTICLE
New York
State
Pennsylvanie
Werte Rennaery
Pennsylvania
Ney Ae
Benneylvanis
Rennery Brown
Mae
Ieee
Middle West
Rio Ta
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