Copper Strength Tops Market Amid Mixed Stocks Gains
The May 16 market report notes copper as the strongest group with prices hardening and supply tight, possible 16 cents by summer end. Steel shares were only mildly affected by Bethlehem Lackawanna merger approval, oils quiet, rails constrained. Studebaker Mack Truck and Keystone Tire led a motor surge. a brisk Liverpool trade and strong Southern demand marked the day.
MENTIONED IN THIS ARTICLE
Coppera
Kennecott
Cerro de Pasco
Utah
Wall Street Gossip on Tobacco and Steel Merger Rumors
New York May 16 reports firm tobacco stocks American Tobacco and P Lorillard despite deflation in cigarette prices. American Ice shows strength amid dividend speculation, Cuban American Sugar exchange talks, and National Sugar pending legal approval. Bethlehem Steel and Lackawanna merger discussions surface with rumored six company consolidation led by Schwab and Grace, while steel shares fluctuate amid market activity.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Bethlehem-Lackawanna
Leckewanna
Ito
Wagnington Post
American Tobacco
P. Lorillard
See
National Sugar Refining Company
National Sugar
Bethlehem and Lackawanna
Bethlehem
Lackawannae
Lackawanna
Bethlehem Steel
Asneta
Bethléhem-Lackawanna
Bethlehem, Lackawanna
Inland
Youngstown Sheet and Tube
Midvale, Steel and Tube of America
Republic
Brier Hill
Charles M. Schwab
Eugene Grace
Qpyright
Public Ledtizer Co
Fractional gains mark broad bond session with some forces
Bonds show fractional gains across many issues as demand remains tepid. Copper bonds led moves with Cerra De Pasco up to 116 percentage points, while government issues steadied and Liberty bonds held firm.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Stock Exchange
Cerra de Pasco
Chile
Copper Export Association
Lyons
London Market Review Overnight Rates and Silver
Overnight money stood at 1 percent with day to day loans at 2 and fixtures at 24 percent. Bar silver remained unchanged at 36 and 364 for spot and forward delivery. Foreign exchange rates showed New York around 4.44 to 4.45, Paris near 48.60 to 48.64, and Berlin about 1288 to 1263.
MENTIONED IN THIS ARTICLE
New York
Paris
Berlin
Washington Post Co
New York Cotton Opens Higher on Weather Outlook
New York cotton prices surged today with July rising from 20.13 to 20.60 before closing 20.45 as the market firmed on improving weather and higher Liverpool cables. May notices totaled 89 with May near 20.32 and October around 20.61, while traders cited firmer Southern spot markets and lingering wet weather in some regions. Exported figures ran to 32,601 for the day, totaling 4,991,484 for the season, with port stocks at 892,838 and port receipts at 24,514.
MENTIONED IN THIS ARTICLE
Adv
Rumely
Cap. Cor
Eyatone
Ajax Hubber
Kangas & Gu
Aska Gold
Oo Lacka. Steel
Alaska
Ita
Lake Erie
Ise
Bovj Aliied Chemical
Lake Erie & Aay i
Sovjaie-Chalm
Air
Lee Tire
AvujAllis-Chalmers P. Bian Simihaie
AedjAm
Agr
Chem
Loew's (Inc. Lheral
Boac
BoolLoft (Inc
Looge- Wiles
Am. Can
Loriblard P
Am. Car & Boylby
Nai
Am. Car
Mackay Pf
H. & Leath
Mall. & Co
Man. R. R. Gtd
Ice
Pye
Manhattan
France
Markett
Mar. St. Y
Martin Parry
Hadiator
Loco
Mathiegon A
Maxwell Mat
Aboen Middl
Eticvele Steel
iovjAm
Steal Fay
Antec
St. L. New
Sugar
Wore & Pees
Sumatra
Am. Tel
Am. Tobacco
Mo. Pacific
Mo. Pacific Pf
Am. Tob. Pf. New
Montana
Mont. Ward
Am. Woolen Pf
K. & Tex
Am. Zinc & Ld
Biscuit C
Blacult Pf
Anaconda
Natl
Con. & Cable
Enam, & St
Lea
Ry. Mex
Atla
Birm
Atl
Nevada Consol
Coast Line
Goin. Or
Tex. & M
N. X. Central
Gulf & W. I
N. C. Gy
Gulf & W
Dock
Austin Nichols
Beleo
Bald. Loco. Pf
Balto
Oho
Norfolk & Hrouiss
Balto, & Ohio
North American
Barnesdall Pf
North
Amen Pf
Batopilas
Northern Pacific
Thy
Beth. Steel A
Nova Scotia Steel
Bon Beth, Steel B
North Amer. Rts
Steel
Lin
Too Beth
Booth Fisheries
Okla. Pr. & Ret
Brooklyn Botan
Ontario Aiver
Brooklyn R. T
Orpheum Circus
Otis Steel - Fee Ale
Burns Bros. Asana
Burns Bros
Butte
Pacific Dev
Butte & Sup
Pacific Gas & Hleo
Butterick
Pacific It
Brit. Emp
Aera 2d
Pan-Amer
Pacifiec T. Petrol
Baynk
Pan-Amer. Pet
Carson. Hin
Panhandle
Calumet Ariz.er
Parrish & Bing
Canadian Pacific
Penn
Central Leath
Gentral Leath
Peoples Gas Chi
Cerro de Pasco
AMI
00Phila, Co
Chandler Motor
Philling Petrol
Pierce Arrow
Abel Pond Creek
K. M
St. P. AL
Public Service
N. Wn
Punta al
Proda
Afra
Colo. & South
Columbia Gas
Columbia Graph
Ri Ir. & Sdl
Col. Graph
Royal Dutch N.Y
Reynolds B
Ito RR
Reynolds
Cal
Eoolst, L
L. & So Eye
St. L. Southwn. Southwn
W. B. Anbba
Ins
St. Ts
Seabd
Air Line
Omy
Berlin
Alt. L. Pe
Greater Berlin
Cosdan & Co. Aoy
Seara Roebuck
Iremen
Crucible Steel
Sears Roeb, Pt
Ozwe Taza
Cobleng
nhan-Am
Seneca Copper
Cologne
Tr. & Tran
Dresden Ds
Sinclair Cons
Dresden
Ae Davison Chem. Co
Stoas Sheff
Dusgeldorft
de Beers Mines Ae Sloss Sheff. Pf. Ub
Wrankfurt
Por
Ric
Su. Ag Frankfurt
Defroit Edison
Joy
Hamburg
Rwg
Ry. Pf
Ge Hamburg
Kestman Kodak TM
Spicer Mig
Jueipalg
Leipzig
Brant
Munich
Endicott de
Ie “Ag
Sweets Co
Sm. Bey
Copper & Chi
Texas
Ata E Frenchi Premium
Fish Tire
Texas & Pacific
Tex
Gulf Sur
Gaston W. & W
Tex. Pac
Third Avenue
Gen Motors
T. St
Gen. Motors
Uy Va
Baltimore
SE Securities
Transcon Oil
Union Oil
Transue & Will'ms
Goodrich
B. F
Union Pacifi
Granby Consol
National Union Bank
Gray & Davis
United Alloy
Union Tanks
Continental Trust
Great Northn
Sao
United Drug
Maryland
United Fruit
Power Fidelity Trust
Greene-Cananea
United By
Guanitanamo Sugar
Lly
United Bake Stores
Gulf States Steel
Houston
Cis
Habir
Elec. Ca
South
Fis
U. Ind. Alco
United Rys
Elec
Houston Oil
U. Realty
Hupp Motors
U. Rubber
Baito City
Aly
Ilinois Central
U. Steel
Odlindian Resin
Utah
Sore Aig
Interboro
Consol
Fed RY
Inter. Conad. Pf
Va.Caro, ‘Ghem
WA Ag
Harvester
Weber & Hellbrou
Wash
West, Maryland
Cosden
Merc. Marine
Western Pacific Pt
Merc. Mar
Western Union Tel
Chicago
Westing. A. Br
Do Ao
Weatinghouse Miz
S. Ungerleidear & Co
Ind
Ad West’ House Isept
Invincible An Wrn
Wheel. & L
Swift International Swift
Ron Products
Whits Hagle
White Motors
Jewel Tea, Inc OU
White
Jones Bros. Tea
Wickwire Ste
Armour Leather
Lane
Kans
City South
Wilson & Co
City So
Willys-Overla
Cudahy
Kayser
Twins-Overland
Kayser, J. Rr
Woolworth, F. Ta
Stewart Ag
Kelly Spr
Tire
Reo
Spr. T. Am
Wright Acro Goro
Booth
Kelsey Wheel
Booth Prd
Wrigley
Boston
Washington Post
California
Arizona
Carson
Davis
Libby
N. H. & H. S. Mohawk
Newcorn
North Butte
Swift & Co
Swift
Washington
New York
Mars
Liverpool
May
Livrepool
Manchester
United States
Also Mentioned on This Page
Wiel
International Finance Corporation
S. A. Schoolfield
Ain
Cities Service Securities
Thomas W. Brahany & Co
Investment Securities
Evans Building
Washington, D. C
Philadelphia
The
National City Company
15Th St. WN. W
Harriman & Co
New York Stock Exchange II
Broadway
Colorado Building
Telephone Main 1603
G.b.chipman Manager
Iovestors & Traders Guide
Putteburgh
Detroi
Equitable Building
Sugota Company of America
Miller Train Control
Virginia
Occidental
Banking Trust & Mortgage
Owenwood O11 Corp
Washington Tec Mis
Washington Ice Mtg. Co., Co
Chapin Backs Corp
Vresland Motors
Kennedy Gas
Scott Gas
Boston & New
International Finamos Carr Nalis
Pignhy ‘Wiggly Corporation
Pid
Musxen
sTocus, Bounds, and Securities
Gonas7
Wate der Howte
Riemer & CO. Security Brokers
F St. N.W
D. C
Corp
Coppers
Bethlehem - Lackawanna
Federal
United Retail
Motors
Studebaker and
Maxwell Motors
Keystone Tire
Mack Truck
Public Ledger Co
Wall Street
Federal Mining and Smelting Company
Atlantic Coast Line
Consolidated Gas
Kuhn, Loeb & Company
NEW York Stock Exchange
Mexico
Interborough
Brooklyn
Atlantic Fruit
Consolidated Gas 7S
Supreme Court
Drexel & Co
Philadelphia Electric
London
United States of Brazil
Liberty
Bain
Rogers & Sullivan
Cedar Steel
London Market Review
New South Wales
Royal Dutch
Lom-1
General Finance and Security Company, Inc
General Finance and Security Co., Inc
National Metropolitan Bank
Frank J. Davis
John B. Densmore
Irving Owings
M. G. McCormickj
Preston Atkins
Bac Ee Ree Eee Es Tvorbutol
FH. L. But
Otl
Fifteenth Street
Main
J. K. Hughes
Mexia
Freeman
E. R. Rochester
District National Bank
Uncle Sam
Swartzell,Rheem& Henseyc
152 Street
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