Market Strength Lifts Industrial Stocks as Steel Leads
Washington market notes a broad advance with industrials rising, steel output at record highs, and railroad shares gaining. Seavt profits and dividend news from American Cotton OH buoy sentiment while money conditions ease abroad. gains narrowed late as speculative activity wavered.
New York Stock Market Averages Mixed Amid Copper and Bond Moves
The New York market shows erratic quotes with minor gains in some issues and mixed copper and bond activity. Quotation sheets list numerous stocks, bonds, and commodities including American Sugar, Chesapeake and Ohio, and copper futures as traders react to call money and time loan rates.
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England
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York
New
Bla
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tAmerican Steel Foundry
American Steel Foundry
A. E
Atoms Express
American
Touacca
Boston Copper
I Butte Coalition
Canadian Pacific Righte
Chicago Subvey
Jane Greene Amen Ag
la Rove Consolidated
Sensational Break Hits New York Cotton Market
New York November 4 reports a sharp drop in cotton as rumors of large long positions and potential bearish news weighed. Early declines widened to 2 to 9 points with May and January futures sinking. outside longs liquidated amid rumors of a softer near term supply outlook.
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New York Produce Prices and Cotton Ginning Update
New York fish and produce prices show mixed movement with dairy and meat settings steady or unsettled. Cotton processing notes from Memphis report 10 percent of the crop ginned by November 1 and Egyptian crop short of earlier expectations by about 2 percent.
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Buckwadat
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Wall Street Gossips on Nov Market Activity and Stock Movements
Special to the Washington Post reports a brisk trading day in New York with over 2 million shares changing hands. Major gains occurred in Industrials and key issues like International Harvester and Amalgamated, while rail stocks faced speculation and rights activity. Cotton Oil rose on a dividend increase, and rumors of a Baltimore and Ohio stock issue circulated before official denial.
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